UNITED STATES BANKRUPTCY COURT

SOUTHERN DISTRICT OF FLORIDA

WEST PALM BEACH DIVISION

www.flsb.uscourts.gov

IN RE: CASE NO.: 19-18585-MAM

Chapter 11

MERIDIAN MARINA & YACHT CLUB 

OF PALM CITY, LLC

Debtor. 

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ORDER GRANTING DEBTOR’S EXPEDITED MOTION TO APPROVE BIDDING 

PROCEDURES AND THE SALE OF SUBSTANTIALLY ALL OF THE DEBTOR’S 

ASSETS FREE AND CLEAR OF CERTAIN LIENS, CLAIMS, AND 

ENCUMBRANCES PURSUANT TO AN AUCTION SALE [D.E. #247]

THIS CAUSE came before the Court on October 21, 2020, at 1:30 p.m., for hearing 

upon Debtor’s Expedited Motion To Approve Bidding Procedures And The Sale Of 

Substantially All Of The Debtor’s Assets Free And Clear Of Certain Liens, Claims, And 

Encumbrances Pursuant To An Auction Sale [D.E. #247] and the Court, having reviewed

Mindy A. Mora, Judge

United States Bankruptcy Court

_____________________________________________________________________________

ORDERED in the Southern District of Florida on October 26, 2020.

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the file, heard argument of counsel and being otherwise duly advised in the premises,

it is,

ORDERED and ADJUDGED as follows:

1. Debtor’s Expedited Motion to Approve Bidding Procedures and the Sale of 

Substantially All of the Debtor’s Assets Free and Clear of Certain Liens, Claims, and 

Encumbrances Pursuant To An Auction Sale [D.E. # 247] is GRANTED, as more fully set 

forth below.

2. The Bidding Procedures [D.E. #270] attached hereto as Exhibit “1” are

hereby approved in their entirety, are incorporated herein by reference and shall govern 

the bids and proceedings related to the Auction and the Sale in this matter. 

3. The Purchase and Sale Agreement that all bidders shall be required to use 

in this matter is attached hereto as Exhibit “2” and is hereby approved to be included as 

part of the bidding package related to the Auction and the Sale in this matter.

4. Tranzon Driggers is authorized to take any and all actions necessary to 

implement the Bidding Procedures.

5. Tranzon Driggers is authorized to take all actions necessary to effectuate 

the relief granted pursuant to this Order in accordance with the Motion.

6. Upon entry of the order approving these Bidding Procedures, all past, 

present and future prospective purchasers will be subject to these Bidding Procedures 

and the auction terms and conditions. 

7. A hearing to approve the Auction Sale results shall be held before this Court

three (3) business days after the date set for the Auction Sale, which hearing will be 

scheduled by separate document upon the request of Debtor’s counsel.

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8. The Court shall retain jurisdiction over any matters related to or arising from 

the implementation of this Order.

# # #

Submitted By: 

Craig I. Kelley, Esquire 

Kelley, Fulton & Kaplan, PL

Attorneys for Debtor

1665 Palm Beach Lakes Blvd.

The Forum - Suite 1000

West Palm Beach, FL 33401

Telephone: (561) 491-1200

Fax: (561) 684-3773

Copies Furnished to:

Craig I. Kelley, Esquire, who shall serve a copy of this Order on all interested parties and 

file a Certificate of Service with the Court.

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