CHAMPION PARTS - NOTICE OF PUBLIC SALE

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Champion Parts Notice of Sale
CHAMPION PARTS - NOTICE OF PUBLIC SALE

NOTICE IS HEREBY GIVEN that on March 5, 2008, at 10:00 a.m. (the "Date
of Sale") in the offices of Vedder Price P.C., 222 North LaSalle
Street, Suite 2600, Chicago, Illinois, the secured party PNC Bank
National Association ("Seller"), pursuant to (i) Section 9 610 et seq.
of the Revised Uniform Commercial Code as adopted under Arkansas and
other applicable law, (ii) that certain Revolving Credit Loan and
Security Agreement dated as of August 10, 2004 (as amended, modified,
supplemented and restated from time to time, the "Loan Agreement")
between Seller, as lender, and Champion Parts, Inc., as borrower
("Borrower"), and (iii) that certain Order Granting The Motion of PNC
Bank National Association for Relief From the Automatic Stay of the
United States Bankruptcy Court Western District of Arkansas (Case No.
07-73253) dated January 29, 2008 (the "Lift-Stay Order"), will hold a
public auction to offer for sale all of Borrower's right, title and
interest in and to the following assets, wherever located, in which
Seller has a security interest: Lot 1 - Inventory consisting of
Finished Goods, Components and Cores. The Finished Goods include Air
Conditioning Compressors and other A/C Parts, Carburetors,
Alternators, Starters, CV Drive Axles and other remanufactured
automotive products. The Components include small parts used in the
remanufacturing process of the Finished Goods. The Cores include the
basic core units and components used in the production of the Finished
Goods. Lot 2 - Equipment, machinery and furnishings used in the
remanufacturing of A/C compressors, carburetors, alternators,
starters, CV drive axles and other products. Lot 3 - Intellectual
Property including the company name, web domain, engineering data,
designs, records and other company property, (collectively, the
"Assets").

Terms and Conditions of Sale. The Assets will be sold in three
separate lots as set forth above to the respective bidder with the
highest or otherwise best bid for each lot, for cash except as
otherwise provided herein, "AS IS, WHERE IS" with all faults and
without any express or implied representations or warranties
whatsoever, including, without limitation, warranties of
merchantability, quiet enjoyment or fitness for a particular purpose
or as to the title, value or quality of the Assets. Seller reserves
the right, on or prior to the Date of Sale, to modify, waive or amend
any terms or conditions of the sale or impose any other terms or
conditions on the sale and, if Seller deems appropriate, to reject any
bids or to continue the sale without prior notice. Seller reserves the
right to credit bid for the Assets at the sale. The successful bidder
will be required to pay the purchase price in cash, wire transfer or
by certified check on the Date of Sale. Requests for inspection of the
Assets should be directed to Joe Wingate, Great American Group, LLC, c/
o Champion Parts-Hope AR, 2005 W. Avenue B, Hope, AR 71801, (870)
777-8821, ext. 126 or (714) 381-0862 (cell). All other inquiries
should directed to Ryan O. Lawlor, Esq., Vedder Price P.C., 222 North
LaSalle Street, Suite 2600, Chicago, Illinois 60601 1003, (312)
609-7500, (312) 609 5005 (fax).


Details
http://www.allworldautomotive.com/featured/page.php?pfvid=1682&page=current

Results for page: Great American Group is conducting a public sale of
Champion Parts.:

auction, liquidation, appraisal, financial services, disposition,
asset management, Champion Parts