AMERICAN LEGACY REALTY LLC Bankruptcy Filing
Case Number: 24-13887
AMERICAN LEGACY REALTY LLC filed a 7 chapter bankruptcy in the Central District of California bankruptcy court on July 09, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-13887.
AMERICAN LEGACY REALTY LLC Filing Information
AMERICAN LEGACY REALTY LLC filed for Chapter 7 bankruptcy on July 9, 2024, with case number 24-13887. The California Central Court will oversee this case. The corporation, headquartered at 44750 Elkhorn Trail, Indian Wells CA, is seeking protection under Bankruptcy Code Chapter 7. Judge Mark D. Houle presides over the court. This filing marks a significant development in the company's financial restructuring process, providing a path forward for AMERICAN LEGACY REALTY LLC to reorganize its debts and assets. The exact terms of the bankruptcy agreement will be determined by the court as it reviews the case, but this filing indicates the company's intention to seek relief from creditors under Chapter 7.
AMERICAN LEGACY REALTY LLC 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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AMERICAN LEGACY REALTY LLC Docket Header
CONVERTED |
Central District of California (Riverside)
Bankruptcy Petition #: 6:24-bk-13887-MH
Assigned to: Mark D. Houle Chapter 7 Previous chapter 11 Original chapter 11 Voluntary No asset |
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| Debtor American Legacy Realty LLC 44750 Elkhorn Trail Indian Wells, CA 92210 RIVERSIDE-CA Tax ID / EIN: 84-3423959 |
rep. by |
Reshma Kamath
Law Office of Reshma Kamath 700 EL Camino Real #120-1084 Menlo Park, CA 94025-4847 650-257-0719 |
| Trustee Caroline Renee Djang (TR) Buchalter 18400 Von Karman Avenue Ste 800 Irvine, CA 92612-0514 949-760-1121 TERMINATED: 10/09/2024 |
rep. by |
Caroline Djang
Buchalter 18400 Von Karman Avenue Ste 800 Irvine, CA 92612-0514 949-760-1121 Email: cdjang @ buchalter.com |
| Trustee Robert Whitmore (TR) 3600 Lime St Ste 616 Riverside, CA 92501 (951) 276-9292 TERMINATED: 10/09/2024 |
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| Trustee Larry D Simons (TR) Law Offices of Larry D. Simons 3550 Vine Street, Suite 210 Riverside, CA 92507 (951) 686-6300 |
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| U.S. Trustee United States Trustee (RS) 3801 University Avenue, Suite 720 Riverside, CA 92501-3200 (951) 276-6990 |
rep. by | Abram Feuerstein, esq
Office of US Trustee 3801 University Avenue St 720 Riverside, CA 92501 951-276-6975 Fax : 951-276-6973 Email: abram.s.feuerstein @ usdoj.gov Everett L Green Office of the US Trustee 3801 University Avenue Ste 720 Riverside, CA 92501 951-276-6063 Fax : 951-276-6973 Email: everett.l.green @ usdoj.gov Cameron C Ridley Office of the United States Trustee 3801 University Ave Ste 720 Riverside, CA 92501 951-276-6354 Fax : 951-276-6973 Email: Cameron.Ridley @ usdoj.gov |