EMBEBA GROUP, INC. Bankruptcy Filing
Case Number: 24-11845
EMBEBA GROUP, INC. filed a 7 chapter bankruptcy in the District of Massachusetts bankruptcy court on September 11, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-11845.
EMBEBA GROUP, INC. Filing Information
EMBEBA GROUP, INC., a Massachusetts-based corporation, filed for Chapter 7 bankruptcy on September 11, 2024, with case number 24-11845. The filing marks a significant milestone in the company's financial restructuring process. As per court records, EMBEBA GROUP, INC. will be seeking relief under Chapter 7 of the US Bankruptcy Code, which allows for the liquidation of its assets to pay off creditors. The corporation has listed the address of Debtor Address: 1268 Broadway, Unit C,#262, Saugus MA as their location. This move is expected to have a direct impact on EMBEBA GROUP, INC.'s stakeholders, including employees, suppliers, and lenders who will be affected by the company's financial restructuring process. Judge Christopher J. Panos has been assigned to oversee this case, which is set to be heard in Massachusetts court.
EMBEBA GROUP, 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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EMBEBA GROUP, INC. Docket Header
DebtEd, CounDue |
District of Massachusetts (Boston)
Bankruptcy Petition #: 24-11845
Assigned to: Judge Christopher J. Panos Chapter 7 Voluntary No asset |
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Debtor EmBeba Group, Inc. 1268 Broadway, Unit C #262 Saugus, MA 01906 Tax ID / EIN: 83-3916055 |
rep. by |
Donald R. Lassman
Law Offices of Donald R. Lassman P.O. Box 920385 Needham, MA 02492 (781) 455-8400 Email: don @ lassmanlaw.com |
Assistant U.S. Trustee Richard King - B Office of the US Trustee J.W. McCormack Post Office & Courthouse 5 Post Office Sq., 10th Fl, Suite 1000 Boston, MA 02109 617-788-0400 |
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Trustee Gary W. Cruickshank Gary W. Cruickshank, Trustee 10 Post Office Square Suite 800 South Boston, MA 02109 617-330-1960 |