LHB has completed over 100 acquisitions of unique, private assets since 2005 and has provided substantial liquidity to the owners of those assets.
Producing and Non-Producing Minerals
LHB acquired 700 net mineral acres in Weld County, Colorado from a bankruptcy estate in 2005. LHB closed quickly and resulted in an approximately $50,000 sale for the bankruptcy estate.
In 2007, LHB acquired various mineral interests in Oklahoma from a bankruptcy estate. LHB was the high bidder in an auction and resulted in proceeds of $50,000 to the bankruptcy estate.
Partnership Interests
LHB has acquired minority and majority partnership interests since 2005. LHB's first acquisition of a partnership interest was from a bankruptcy estate that owned a minority interest in an Oklahoma partnership that sold agricultural supplies to farmers and individuals.
Since that first purchase, LHB has continued to buy interests in partnerships that own assets as varied as Christmas tree farms, billboards and outdoor advertising assets, farmland, self-storage, oil and gas royalties and working interests, and commercial and residential real estate.
Television and Movie Residuals
In 2014, LHB purchased movie and television residuals from a bankruptcy estate in New York. The acquisition resulted in proceeds of $40,000 to the bankruptcy estate.
More recently, LHB acquired movie and television rights from a bankruptcy estate in California. The acquisition resulted in proceeds of $175,000 to the bankruptcy estate.