CENTURY IOWA MOTELS, LLC Bankruptcy Filing
Case Number: 19-50207
CENTURY IOWA MOTELS, LLC filed a 11 chapter bankruptcy in the District of South Dakota bankruptcy court on December 01, 2019. This is a voluntary filing; it was assigned the bankruptcy case number #19-50207.
CENTURY IOWA MOTELS, LLC Filing Information
The bankruptcy petition for CENTURY IOWA MOTELS, LLC showed assets in the range of $10MM - $50MM with liabilities in the range of $10MM - $50MM. CENTURY IOWA MOTELS, LLC reports that the number of creditors is in the range of 1-49.
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'.
CENTURY IOWA MOTELS, 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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CENTURY IOWA MOTELS, LLC Docket Header
TRANSCRIPTS, NTCAPR, NODSC, DISMISSED, CLOSED |
District of South Dakota (Western (Rapid City))
Bankruptcy Petition #: 19-50207
Assigned to: Judge Charles L. Nail, Jr. Chapter 11 Voluntary Asset Debtor disposition: Dismissed for Other Reason |
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Debtor Century Iowa Motels, LLC PO Box 8007 Rapid City, SD 57709-8007 Pennington-SD Tax ID/EIN: 20-8395118 dba Ramada Tropics Resort & Conference Center |
rep. by |
Robert L. Meadors
Brende & Meadors LLP P.O. Box 1024 Sioux Falls, SD 57101-1024 605-333-0070 Fax: 605-333-0121 Email: rlm @ bsmllp.com |
U.S. Trustee James L. Snyder 210 Walnut Street, Room 793 Des Moines, IA 50309-2108 515-284-4982 Email: ustpregion12.sx.ecf@usdoj.gov |