ACCEPTANCE INSURANCE COMPANIES INC. Bankruptcy Filing

Case Number: 05-80059

ACCEPTANCE INSURANCE COMPANIES INC. filed a 7 chapter bankruptcy in the District of Nebraska bankruptcy court on January 07, 2005. This is a voluntary filing; it was assigned the bankruptcy case number #05-80059.

ACCEPTANCE INSURANCE COMPANIES INC. Filing Information

The bankruptcy petition for ACCEPTANCE INSURANCE COMPANIES INC. showed assets in the range of $1MM - $100MM with liabilities in the range of $100MM - $500MM. ACCEPTANCE INSURANCE COMPANIES INC. reports that the number of creditors is in the range of 1,000-5,000.

The debtor indicated their nature of business as 'None of the Above'. The nature of business option is fairly limited; most companies will chose 'None of the Above'. The options include: 'Health Care Business', 'Single Asset Real Estate', 'Railroad', 'Stockbroker', 'Commodity Broker', 'Clearing Bank', or 'None of the Above'.

ACCEPTANCE INSURANCE COMPANIES INC. indicated on its bankruptcy petition that it does not expect there will be sufficient assets in the estate to make a payment to the unsecured creditors. This is a bad sign for creditors as it implies that no recovery is likely.

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ACCEPTANCE INSURANCE COMPANIES INC. Docket Header

CONVERTED, 1000cr




U.S. Bankruptcy Court
District of Nebraska (Omaha Office)
Bankruptcy Petition #: 05-80059-TLS

Assigned to: Chief Judge Thomas L Saladino
Chapter 7
Previous chapter 11
Voluntary
Asset


Date filed:  01/07/2005
Date converted:  09/07/2010
341 meeting:  10/07/2010
Deadline for objecting to discharge:  12/06/2010

Debtor
Acceptance Insurance Companies Inc.
300 West Broadway
Suite 1600
Council Bluffs, IA 51503
POTTAWATTAMIE-IA
Tax ID / EIN: 31-0742926

rep. by Robert J. Bothe
McGrath, North, Mullin & Kratz, PC
Suite 3700 First National Tower
1601 Dodge St.
Omaha, NE 68102
(402) 341-3070
Fax : (402) 341-0216
Email:
 rbothe @ mcgrathnorth.com

Patrick B. Griffin
Kutak Rock LLP
The Omaha Bldg
1650 Farnam Street
Omaha, NE 68102-2186
(402) 346-6000
Fax : (402) 346-1148
Email:
 patrick.griffin @ kutakrock.com
TERMINATED: 12/08/2021

John J. Jolley, Jr.
Farm Credit Services of America
P.O. Box 2409
Omaha, NE 68103
(402) 894-4197
Fax : (402)
Email:
 jay.jolley @ fcsamerica.com
TERMINATED: 09/03/2009

Frank M. Schepers
Lamson, Dugan & Murray
10306 Regency Pkwy. Dr.
Omaha, NE 68114
(402) 397-7300
Email:
 fschepers @ ldmlaw.com

Jeffrey T. Wegner
Kutak Rock LLP
1650 Farnam Street
Omaha, NE 68102
(402) 346-6000
Fax : (402) 346-1148

Trustee
Richard D. Myers
Chapter 7 Trustee
11404 West Dodge Road
Suite 500
Omaha, NE 68154
(402) 492-9200

rep. by James E Bird
Polsinelli PC
900 West 48th Place
Suite 900
Kansas City, MO 64112
816-753-1000
Fax : 816-753-1536
Email:
 jbird @ polsinelli.com

J.P. Sam King
Patino King, L.L.C.
12020 Shamrock Plaza
Ste 200
Omaha, NE 68154
402-401-4410
Email:
 sam @ patinoking.com
TERMINATED: 11/12/2021

U.S. Trustee
Jerry Jensen
Acting Assistant UST
U.S. Trustee's Office
111 South 18th Plz, Suite 1148
Omaha, NE 68102

rep. by Jerry L. Jensen
Assistant U.S. Trustee
U.S. Trustee's Office
111 S. 18th Plaza, Suite 1148
Omaha, NE 68102
(402) 221-4302
Email:
 Jerry.L.Jensen @ usdoj.gov

U.S. Trustee
US Trustee
   

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