CIB MARINE BANCSHARES, INC. Bankruptcy Filing
Case Number: 09-33318
CIB MARINE BANCSHARES, INC. filed a 11 chapter bankruptcy in the Eastern District of Wisconsin bankruptcy court on September 15, 2009. This is a voluntary filing; it was assigned the bankruptcy case number #09-33318.
CIB MARINE BANCSHARES, INC. Filing Information
The bankruptcy petition for CIB MARINE BANCSHARES, INC. showed assets in the range of $100MM - $500MM with liabilities in the range of $100MM - $500MM. CIB MARINE BANCSHARES, INC. reports that the number of creditors is in the range of 1,000-5,000.
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'.
CIB MARINE BANCSHARES, 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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CIB MARINE BANCSHARES, INC. Docket Header
NTCAPR, CLOSED |
Eastern District of Wisconsin (Milwaukee)
Bankruptcy Petition #: 09-33318-jes
Assigned to: James E. Shapiro Chapter 11 Voluntary Asset Debtor disposition: Standard Discharge |
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Debtor In Possession CIB Marine Bancshares, Inc. N27 W24025 Paul Court Pewaukee, WI 53072 Tax ID / EIN: 37-1203599 fdba Central Illinois Bancorp, Inc. |
rep. by |
Carla O. Andres
333 Main Street, Suite 600 Green Bay, WI 54307-3067 920-432-9300 Fax : 920-436-7988 Email: candres @ gklaw.com Jennifer B. Herzog Godfrey & Kahn, S.C. 780 No. Water Street Milwaukee, WI 53202 414-287-9501 Email: jherzog @ gklaw.com Timothy F. Nixon Godfrey & Kahn, S.C. P.O. Box 13067 Green Bay, WI 54307-3067 920-432-9300 Fax : 920-436-7988 Email: tnixon @ gklaw.com |
U.S. Trustee Office Of the U. S. Trustee 517 East Wisconsin Ave. Room 430 Milwaukee, WI 53202 414-297-4499 |
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