DESERET PROPERTIES, LLC Bankruptcy Filing

Case Number: 09-25491

DESERET PROPERTIES, LLC filed a 7 chapter bankruptcy in the District of Utah bankruptcy court on May 28, 2009. This is a voluntary filing; it was assigned the bankruptcy case number #09-25491.

DESERET PROPERTIES, LLC Filing Information

The bankruptcy petition for DESERET PROPERTIES, LLC showed assets in the range of $1MM - $100MM with liabilities in the range of $1MM - $100MM. DESERET PROPERTIES, LLC reports that the number of creditors is in the range of 1-49.

The debtor indicated their nature of business as Single Asset Real Estate. 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'.

DESERET PROPERTIES, 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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DESERET PROPERTIES, LLC Docket Header

PROSE, CONVERTED




U.S. Bankruptcy Court
District of Utah (Salt Lake City)
Bankruptcy Petition #: 09-25491

Assigned to: Judith A. Boulden
Chapter 7
Previous chapter 11
Voluntary
Asset


Date filed:  05/28/2009
Date converted:  10/05/2009

Debtor
Deseret Properties, LLC
2905 South West Temple
Salt Lake City, UT 84115
(801) 733-5151
Tax ID / EIN: 27-0139196

rep. by Deseret Properties, LLC
PRO SE

Daniel B. Garriott
Nelson Snuffer Dahle & Poulsen
10885 S. State St.
Sandy, UT 84070
801-576-1400
Fax : 801-576-1960
Email:
dbgarriott @ msn.com
TERMINATED: 01/21/2010

Trustee
Duane H. Gillman tr
Durham Jones & Pinegar
111 East Broadway
Suite 900
P.O. Box 4050
Salt Lake City, UT 84110-4050
(801) 415-3000

rep. by Duane H. Gillman
Durham Jones & Pinegar
111 East Broadway
Suite 900
P.O. Box 4050
Salt Lake City, UT 84110-4050
(801) 415-3000
Fax : (801) 415-3500
Email:
dhgnotice @ djplaw.com

U.S. Trustee
United States Trustee
Ken Garff Bldg.
405 South Main Street
Suite 300
Salt Lake City, UT 84111
rep. by Peter J. Kuhn tr
US Trustees Office
Ken Garff Bldg.
405 South Main Street
Suite 300
Salt Lake City, UT 84111
(801) 524-5105
Fax : (801) 524-5628
Email:
Peter.J.Kuhn @ usdoj.gov

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