BIG SKY FARMS INC. Bankruptcy Filing
Case Number: 12-01711
BIG SKY FARMS INC. filed a 15 chapter bankruptcy in the Northern District of Iowa bankruptcy court on September 12, 2012. This is a voluntary filing; it was assigned the bankruptcy case number #12-01711.
BIG SKY FARMS INC. Filing Information
The bankruptcy petition for BIG SKY FARMS INC. showed assets in the range of $50MM - $100MM with liabilities in the range of $50MM - $100MM. BIG SKY FARMS 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'.
BIG SKY FARMS 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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BIG SKY FARMS INC. Docket Header
NTCAPR |
Northern District of Iowa (Cedar Rapids)
Bankruptcy Petition #: 12-01711
Assigned to: Thad J. Collins Chapter 15 Voluntary Asset |
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| Debtor Big Sky Farms Inc., by Ernst & Young Inc. as Receiver 10333 8th Avenue Humboldt, Saskatchewan OUTSIDE U. S. Canada 515-288-2500 |
rep. by |
Julie Johnson McLean
215 10th Street, Suite 1300 Des Moines, IA 50309-3993 515-288-2500 Fax : 515-243-0654 Email: JulieMcLean @ davisbrownlaw.com |
| Foreign Representative Ernst & Young Inc., As Monitor for Debtor Attention: Kevin Blair Brennan Senior Vice President Suite 1600, 700 West Georgia St Vancouver, British Columbia V7Y 1C7 OUTSIDE U. S. CANADA |
rep. by |
Julie Johnson McLean
(See above for address) |
| U.S. Trustee United States Trustee Daniel M. McDermott United States Federal Courthouse 111 7th Avenue SE, Box 17 Cedar Rapids, IA 52401-2101 319-364-2211 |