BANNEKER SUPPLY CHAIN SOLUTIONS, INC. Bankruptcy Filing

Case Number: 23-10570

BANNEKER SUPPLY CHAIN SOLUTIONS, INC. filed a 11 chapter bankruptcy in the District of Rhode Island bankruptcy court on August 31, 2023. This is a voluntary filing; it was assigned the bankruptcy case number #23-10570.

BANNEKER SUPPLY CHAIN SOLUTIONS, INC. Filing Information

The bankruptcy petition for BANNEKER SUPPLY CHAIN SOLUTIONS, INC. showed assets in the range of $1MM - $10MM with liabilities in the range of $1MM - $10MM. BANNEKER SUPPLY CHAIN SOLUTIONS, INC. reports that the number of creditors is in the range of 50-99.

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'.

BANNEKER SUPPLY CHAIN SOLUTIONS, 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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BANNEKER SUPPLY CHAIN SOLUTIONS, INC. Docket Header

Subchapter_V, SMALLBUSINESS




United States Bankruptcy Court
District of Rhode Island (Providence)
Bankruptcy Petition #: 1:23-bk-10570

Assigned to: Judge Diane Finkle
Chapter 11
Voluntary
Asset

Date filed:  08/31/2023
Plan confirmed:  02/22/2024
341 meeting:  10/04/2023

Debtor
Banneker Supply Chain Solutions, Inc.
25 John A Cummings Way, Suite 2
Woonsocket, RI 02895
PROVIDENCE-RI
Tax ID / EIN: 83-2818389
fka Banneker Industries, Inc.

rep. by Thomas P. Quinn
McLaughlinQuinn LLC
148 West River Street, Suite 1E
Providence, RI 02904
(401) 421-5115
Fax : (401) 421-5141
Email:
 tquinn @ mclaughlinquinn.com

Assistant U.S. Trustee
Gary L. Donahue
Office of the U.S. Trustee
U.S. Courthouse
One Exchange Terrace Suite 431
Providence, RI 02903
(401) 528-5551

rep. by Sandra Nicholls
U.S. Trustee's Office
U.S. Courthouse
One Exchange Terrace Suite 431
Providence, RI 02903
(401) 528-5553
Email:
 ustpregion01.pr.ecf @ usdoj.gov

Trustee
David Madoff
Madoff & Khoury LLP
Pine Brook Office Park
124 Washington Street Suite 202
Foxboro, MA 02035
(508) 543-0040
rep. by David B Madoff
David B. Madoff, Trustee
Madoff & Khoury LLP
124 Washington St
Suite 202
Foxboro, MA 02035
508-543-0040
Fax : 508-543-0020
Email:
 madoff @ mandkllp.com

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