AW CONCORDIA HOLDINGS, LLC Bankruptcy Filing
Case Number: 24-21259
AW CONCORDIA HOLDINGS, LLC filed a 11 chapter bankruptcy in the Northern District of Georgia bankruptcy court on October 08, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-21259.
AW CONCORDIA HOLDINGS, LLC Filing Information
AW Concordia Holdings, LLC has filed for Chapter 11 bankruptcy under case number 24-21259, marking a significant development in the company's financial restructuring. The bankruptcy filing was made on October 8, 2024, and is currently being heard by the Georgia Northern Court. As a corporation, AW Concordia Holdings, LLC is taking this step to reorganize its debts and achieve long-term financial stability. The debtor, whose address is listed as 1002 Boss Hardy Road in Auburn, GA, has chosen Chapter 11 bankruptcy protection under the U.S. Bankruptcy Code. This process will allow the company to prioritize its obligations and renegotiate terms with creditors, ensuring a more sustainable future for AW Concordia Holdings, LLC.
AW Concordia Holdings, LLC has filed for bankruptcy, with the exact details of its financial situation now public. According to the filing, the company's assets are estimated to fall within a wide range of $1 million to $10 million. Conversely, its liabilities also span this spectrum, suggesting that the business has substantial debt. With only one creditor noted in the initial summary, it is unclear whether there were other stakeholders affected by the company's financial struggles. As a traveler accommodation provider, AW Concordia Holdings operates within a niche market that often faces intense competition and economic fluctuations. This filing serves as a reminder of the challenges faced by businesses operating in this sector, where margins can be thin and cash flow unpredictable.
AW CONCORDIA HOLDINGS, 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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AW CONCORDIA HOLDINGS, LLC Docket Header
Assigned to: Chapter 11 Voluntary Asset |
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| Debtor AW Concordia Holdings, LLC 1002 Boss Hardy Road Auburn, GA 30011 BARROW-GA Tax ID / EIN: 66-1002853 dba Concordia Eco Resort |
rep. by | Will B. Geer
Rountree Leitman Klein & Geer LLC Century Plaza I 2987 Clairmont Road, Suite 350 Atlanta, GA 30329 404-584-1238 Email: wgeer @ rlkglaw.com William A. Rountree Rountree Leitman Klein & Geer, LLC Century Plaza I, Suite 350 2987 Clairmont Road Atlanta, GA 30329 404-584-1238 Email: wrountree @ rlkglaw.com |