DISTRIBUIDORA MI HONDURAS, LLC Bankruptcy Filing

DISTRIBUIDORA MI HONDURAS, LLC Filing Information

DISTRIBUIDORA MI HONDURAS, LLC filed for bankruptcy on October 4, 2024, with case number 24-18364. The Corporation, based at 4451 Georgia Pacific Blvd., Ste. A, Frederick MD, has begun the process of restructuring its financial obligations. This marks a significant development in the company's financial history, and bankruptcy information will likely be made public as the court proceeding unfolds. As the case is being heard by the Maryland court, the specifics of the debtor's financial situation and the proposed plan for recovery are expected to be revealed. The exact details of the bankruptcy filing remain pending further review and update from the court.

DISTRIBUIDORA MI HONDURAS, LLC has filed for bankruptcy, marking the latest turn in its financial struggles. The company, which operates as a grocery and related product merchant wholesaler, has been forced to seek creditor protection due to mounting debt. According to court documents, DISTRIBUIDORA MI HONDURAS, LLC is facing liabilities ranging from $1 million to $10 million, while its assets are valued between $100,001 and $1 million. With only one creditor listed among the 49 entities that claim a stake in its financial health, it's clear that this case will be closely watched for insight into the challenges faced by businesses in the wholesale grocery sector. As the company navigates this difficult time, its future remains uncertain, with the outcome of this bankruptcy filing hanging precariously in the balance.

DISTRIBUIDORA MI HONDURAS, 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.