December 17, 2017 11:38 AM ET

Hotels, Restaurants and Leisure

Company Overview of QSL of Medina, Inc.

Company Overview

QSL of Medina, Inc. owns and operates restaurant. The company was incorporated in 2012 and is based in Medina, Ohio. QSL of Medina, Inc. operates as a subsidiary of Lube Aggregator, Inc.

4094 Pearl Road

Medina, OH 44256

United States

Founded in 2012

Key Executives for QSL of Medina, Inc.

QSL of Medina, Inc. does not have any Key Executives recorded.

QSL of Medina, Inc. Key Developments

Motion for Asset Sale Approved for QSL of Medina, Inc.

The US Bankruptcy Court approved the sale of substantially all the assets of QSL of Medina, Inc. on March 25, 2016. As per the order, debtor has been authorized to sell substantially all its assets to TravelCenters of America LLC for $24.26 million, as per the agreement dated November 16, 2015. Sale proceeds will be used to pay secured claims of Wells Fargo Bank of $2.20 million, secured claims of The Farmers National Bank of Canfield of $0.40 million, secured claims of Bridge Funding Group, Inc. of $0.90 million, secured claims of Cortland Savings and Banking Company of $2.30 million and secured claims of Scott's Buffalo Wings, Inc. of $0.03 million.

Notice of Filing of Final Version of APA by QSL of Medina, Inc.

QSL of Medina, Inc. filed final version of the asset purchase agreement for the sale of substantially all its assets on March 24, 2016. As per the amended agreement dated March 22, 2016, the base purchase price is changed to $24.26 million. All the other terms of the agreement remain same.

Notice of Cancellation of Auction Filed by QSL of Medina, Inc.

QSL of Medina, Inc. filed a notice in the US Bankruptcy Court for the cancellation of the auction on March 15, 2016. As per the notice, debtor has not received any competing bid by bid deadline of March 11, 2016 and therefore auction scheduled for March 16, 2016 has been cancelled.

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