CCM WHOLESALE, LLC Bankruptcy Filing
Case Number: 24-12323
CCM WHOLESALE, LLC filed a 11 chapter bankruptcy in the District of Delaware bankruptcy court on October 10, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-12323.
CCM WHOLESALE, LLC Filing Information
CCM Wholesale, LLC has filed for Chapter 11 bankruptcy protection under case number 24-12323. The corporation, which operates as a wholesale business, made this move on October 10, 2024, with the Delaware Court overseeing the proceedings. Judge Thomas M. Horan will preside over the case. CCM Wholesale's corporate headquarters is located at 6892 US Hwy 49 North in Hattiesburg, MS. The company has filed for bankruptcy under Chapter 11, which allows it to restructure its debt and seek relief from its creditors while remaining operational. As a business entity, CCM Wholesale's bankruptcy filing marks an important step towards addressing financial challenges, but the exact nature of these challenges remains to be determined through the ongoing bankruptcy process.
CCM WHOLESALE, LLC has filed for bankruptcy, marking a significant development in the company's financial trajectory. The filing, which falls under Chapter [insert chapter number], indicates that CCM WHOLESALE, LLC is seeking protection from its creditors as it navigates substantial financial obligations. According to reports, the company's assets range between $100 million and $500 million, while its liabilities also fall within a similar range of $100 million and $500 million. This suggests that CCM WHOLESALE, LLC has a considerable amount of debt, with 200-999 creditors holding claims against the company. The wholesale industry is likely to be significantly impacted by this filing, given CCM WHOLESALE, LLC's role as a major player in the market. As the case unfolds, it will be crucial to monitor developments and understand the implications of this bankruptcy for stakeholders across the industry.
CCM WHOLESALE, 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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CCM WHOLESALE, LLC Docket Header
PlnDue, DsclsDue, CLMSAGNT, JNTADMN |
District of Delaware (Delaware)
Bankruptcy Petition #: 24-12323-TMH
Assigned to: Bankruptcy Judge Thomas M Horan Chapter 11 Voluntary Asset |
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| Debtor CCM Wholesale, LLC 6892 US Hwy 49 North Hattiesburg, MS 39402 FORREST-MS Tax ID / EIN: 27-3677219 aka Channel Control Merchants aka Dirt Cheap aka Treasure Hunt aka Dirt Cheap Building Supplies |
rep. by |
Andrew L Magaziner
Young Conaway Stargatt & Taylor, LLP Rodney Square 1000 North King Street Wilmington, DE 19801 302-571-6600 Email: amagaziner @ ycst.com |
| U.S. Trustee U.S. Trustee Office of the United States Trustee J. Caleb Boggs Federal Building 844 King Street, Suite 2207 Lockbox 35 Wilmington, DE 19801 (302)-573-6491 |
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| Claims Agent Epiq Corporate Restructuring, LLC www.epiqsystems.com 777 Third Avenue, 12th Floor New York, NY 10017 646-282-2500 |