CITADEL BROADCASTING COMPANY Bankruptcy Filing
Case Number: 09-17451
CITADEL BROADCASTING COMPANY filed a 11 chapter bankruptcy in the Southern District of New York bankruptcy court on December 20, 2009. This is a voluntary filing; it was assigned the bankruptcy case number #09-17451.
CITADEL BROADCASTING COMPANY Filing Information
The bankruptcy petition for CITADEL BROADCASTING COMPANY showed assets in the range of $500MM - $1B with liabilities in the range of more than $1B. CITADEL BROADCASTING COMPANY 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'.
CITADEL BROADCASTING COMPANY 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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CITADEL BROADCASTING COMPANY Docket Header
MEGA, JtAdm, CLMAGT, SchedF |
Southern District of New York (Manhattan)
Bankruptcy Petition #: 09-17451-brl
Assigned to: Judge Burton R. Lifland Chapter 11 Voluntary Asset |
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| Debtor Citadel Broadcasting Company 7201 West Lake Mead Blvd. Suite 400 Las Vegas, NV 89128 OUTSIDE HOME STATE Tax ID / EIN: 86-0703641 |
rep. by |
Jonathan S. Henes
Kirkland & Ellis LLP 601 Lexington Avenue New York, NY 10022-4675 (212) 446-4927 Fax : (212) 446-4900 Email: jhenes @ kirkland.com |
| U.S. Trustee United States Trustee 33 Whitehall Street 21st Floor New York, NY 10004 (212) 510-0500 |
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| Claims and Noticing Agent Kurtzman Carson Consultants LLC 2335 Alaska Avenue El Segundo, CA 90245 (310) 823-9000 |