CHC GROUP LTD. Bankruptcy Filing
Case Number: 16-31854
CHC GROUP LTD. filed a 11 chapter bankruptcy in the Northern District of Texas bankruptcy court on May 05, 2016. This is a voluntary filing; it was assigned the bankruptcy case number #16-31854.
CHC GROUP LTD. Filing Information
The bankruptcy petition for CHC GROUP LTD. showed assets in the range of more than $1B with liabilities in the range of more than $1B. CHC GROUP LTD. reports that the number of creditors is in the range of 10,001-25,000.
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'.
CHC GROUP LTD. 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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CHC GROUP LTD. Docket Header
REFORM, DsclsDue |
Northern District of Texas (Dallas)
Bankruptcy Petition #: 16-31854-sgj11
Assigned to: Stacey G. Jernigan Chapter 11 Voluntary Asset |
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| Debtor CHC Group Ltd. 600 East Las Colinas Blvd. 10th Floor Irving, TX 75039 DALLAS-TX Tax ID / EIN: 98-0587405 fka FR Horizon Holding (Cayman) Inc. |
rep. by |
Stephen A. Youngman
Weil, Gotshal & Manges 200 Crescent Court, Suite 300 Dallas, TX 75201-6950 214-746-7700 Email: stephen.youngman @ weil.com |
| U.S. Trustee United States Trustee 1100 Commerce Street Room 976 Dallas, TX 75242 214-767-8967 |