CARAUSTAR MILL GROUP, INC. Bankruptcy Filing

Case Number: 09-73843

CARAUSTAR MILL GROUP, INC. filed a 11 chapter bankruptcy in the Northern District of Georgia bankruptcy court on May 31, 2009. This is a voluntary filing; it was assigned the bankruptcy case number #09-73843.

CARAUSTAR MILL GROUP, INC. Filing Information

The bankruptcy petition for CARAUSTAR MILL GROUP, INC. showed assets in the range of $100MM - $500MM with liabilities in the range of $1MM - $100MM. CARAUSTAR MILL GROUP, INC. reports that the number of creditors is in the range of 200-999.

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'.

CARAUSTAR MILL GROUP, 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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CARAUSTAR MILL GROUP, INC. Docket Header

JNTADMIN, CLOSED




U.S. Bankruptcy Court
Northern District of Georgia (Atlanta)
Bankruptcy Petition #: 09-73843-mgd

Assigned to: Judge Mary Grace Diehl
Chapter 11
Voluntary
Asset



Debtor disposition:  Discharge Not Applicable
Date filed:  05/31/2009
Date terminated:  11/06/2009

Debtor
Caraustar Mill Group, Inc.
5000 Austell Powder Springs Road
Suite 300
Austell, GA 30106
Tax ID / EIN: 58-2260608
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rep. by Mark M. Maloney
King & Spalding
1180 Peachtree Street
Atlanta, GA 30309
(404)572-4600
Fax : 404-572-5129
Email:
mmaloney @ kslaw.com

Michelle Carter
King & Spalding, LLP
1180 Peachtree Street
Atlanta, GA 30309
(404) 572-3550
Fax : (404) 572-5129
Email:
mcarter @ kslaw.com

U.S. Trustee
Office of the US Trustee
Suite 362
75 Spring Street, SW
Atlanta, GA 30303
404-331-4437
   

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