CCM WHOLESALE, LLC Bankruptcy Filing

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 expects there will be sufficient assets in the estate to make a payment to the unsecured creditors.

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CCM WHOLESALE, LLC Bankruptcy Docket Header

PlnDue, DsclsDue




U.S. Bankruptcy Court
District of Delaware (Delaware)
Bankruptcy Petition #: 24-12323-TMH

Assigned to: Honorable Thomas M Horan
Chapter 11
Voluntary
Asset


Date filed:  10/10/2024

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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