Assets of Eagle Games will be sold at auction on August 4th in Chicago, according to a notice issued by Amcore Bank, the secured creditor, and published in the Chicago Tribune.  The assets to be sold are 'all of borrower's inventory and all tangible and intangible property rights of the Borrower arising out of, or relating to, its ownership in certain of its inventory, including all related trademarks, trade names, copyrights, licenses, contracts, trade secrets and patents.'  All of the assets are to be sold in bulk, in one lot.

 

Excluded from the sale are Eagle's furniture, equipment, and Website. 

 

According to a post by founder Glenn Drover on Boardgame Geek, auction is due to a foreclosure by Amcore, which was in turn precipitated by 'a sudden and severe downturn last year in the demand for poker products.'  The company ceased operations on May 31st.

 

An initial bid of $75,000 for all of the assets in the auction has been received, according to the auction notice.