AIO US, INC. Bankruptcy Filing
Case Number: 24-11836
AIO US, INC. filed a 11 chapter bankruptcy in the District of Delaware bankruptcy court on August 12, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-11836.
AIO US, INC. Filing Information
AIO US, INC. filed for Chapter 11 bankruptcy on August 12, 2024, with case number 24-11836, according to records from the Delaware court. The corporation, based at 4 International Drive, Suite 110, Rye Brook, NY, has sought protection under the Bankruptcy Code as a measure of last resort. Judge Craig T Goldblatt will oversee the bankruptcy proceedings, which are expected to be complex and potentially far-reaching for AIO US, INC.'s stakeholders. As a Chapter 11 filing, the company aims to restructure its debts and negotiate a plan with creditors to emerge from bankruptcy in a financially stable position. The specifics of AIO US, INC.'s bankruptcy information remain to be determined, but this initial filing marks an important milestone in the company's financial restructuring efforts.
AIO US, 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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AIO US, INC. Docket Header
VerifDue, PlnDue, DsclsDue |
District of Delaware (Delaware)
Bankruptcy Petition #: 24-11836
Assigned to: Chapter 11 Voluntary Asset |
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Debtor AIO US, Inc. 4 International Drive Suite 110 Rye Brook, NY 10573 WESTCHESTER-NY Tax ID / EIN: 13-3149872 aka Avon International Operations, Inc. |
rep. by |
Zachary I Shapiro
Richards, Layton & Finger, P.A. 920 North King Street, P.O. Box 551 Wilmington, DE 19801 302-651-7700 Fax : 302-651-7701 Email: shapiro @ rlf.com |
U.S. Trustee U.S. Trustee Office of the United States Trustee J. Caleb Boggs Federal Building 844 King Street, Suite 2207 Lockbox 35 Wilmington, DE 19801 (302)-573-6491 |