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Chicago|Local Event

UCC Sale of Personal Property and Intellectual Property Assets of Pastorelli Food Products, Inc.

Event Details

Zoom (Remote)

AW Properties Global, through its auction division AuctionWorks, announces a UCC Article 9 foreclosure sale by Pomodoro Lender LLC (the “Lender”) of all right, title, and interest in certain collateral owned by Pastorelli Food Products, Inc. (the “Debtor”).

The public sale will be conducted virtually via Zoom on March 25, 2026 at 10:00 a.m. CST with an initial credit bid of $2,840,435.70.

Collateral Offered

The collateral includes all assets and personal property of the Debtor, whether now owned or hereafter acquired, as defined in the Loan Documents between the Debtor and the Lender.

Included assets consist of:

• Accounts, inventory, equipment, furniture, fixtures, and general intangibles
• Payment intangibles, chattel paper, instruments, promissory notes, and documents of title
• Investment property, deposit accounts, securities accounts, and commercial tort claims
• Cash, cash equivalents, and related books and records
• All proceeds, substitutions, replacements, and products of the foregoing
• Intellectual property, including copyrights, patents, trademarks, and related licenses

The sale does not include any fee interests in real property. Certain property owned by third parties is excluded.

Important Notice

This is a sale of assets only and not a sale of the Debtor’s equity interests.

The collateral is being sold AS-IS, WHERE-IS, WITH ALL FAULTS, and without representation or warranty of any kind, express or implied, including without limitation warranties of merchantability, fitness for a particular purpose, or non-infringement.

Auction Details

Date/Time: March 25, 2026 – 10:00 a.m. CST
Location: Virtual (Zoom)
Initial Credit Bid: $2,840,435.70
Condition: AS-IS, WHERE-IS, WITHOUT WARRANTIES

Bidding Information

Interested bidders must contact AW Properties Global to obtain the terms of sale, bidding procedures, and any required confidentiality documentation.

Contact

Diana Peterson
AW Properties Global
707 Skokie Boulevard, Suite 600
Northbrook, IL
312.218.6102
dianap@awproperties.com

Additional information is available at auctions.awproperties.com.

Statement from AW Properties Global

“We continue to see strong investor demand for UCC foreclosure opportunities across diverse asset categories,” said Diana Peterson, CEO of AW Properties Global. “These sales provide lenders with an efficient path to monetize collateral while offering buyers strategic acquisition opportunities.”

About AW Properties Global

Headquartered in Northbrook, Illinois, AW Properties Global and its auction division, AuctionWorks, provide consulting, brokerage, and auction services nationwide. The firm specializes in distressed asset dispositions, including UCC foreclosure sales, online and accelerated auctions, sealed bid sales, portfolio transactions, sale-leasebacks, and bankruptcy/363 sales. The team includes experienced brokerage and auction professionals who help clients maximize value across individual assets and portfolios.

For more information, visit awproperties.com or auctions.awproperties.com.

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