EMPLOYEES' BENEFIT ASSOCIATION Bankruptcy Filing

Case Number: 06-34147

EMPLOYEES' BENEFIT ASSOCIATION filed a 11 chapter bankruptcy in the District of Oregon bankruptcy court on December 29, 2006. This is a voluntary filing; it was assigned the bankruptcy case number #06-34147.

EMPLOYEES' BENEFIT ASSOCIATION Filing Information

The bankruptcy petition for EMPLOYEES' BENEFIT ASSOCIATION showed assets in the range of $1MM - $100MM with liabilities in the range of $100,001-$1,000,000. EMPLOYEES' BENEFIT ASSOCIATION reports that the number of creditors is in the range of 100-199.

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'.

EMPLOYEES' BENEFIT ASSOCIATION 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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EMPLOYEES' BENEFIT ASSOCIATION Docket Header

CONFIRMED




U.S. Bankruptcy Court
District of Oregon
Bankruptcy Petition #: 06-34147-elp11

Assigned to: Judge Elizabeth L Perris
Associated Cases
Chapter 11
Voluntary
Asset
 
Date Filed: 12/29/2006

Debtor
Employees' Benefit Association
2235 NW Savier
Portland, OR 97210
Tax id: 93-0449679

rep. by ALBERT N KENNEDY
888 SW 5th Ave #1600
Portland, OR 97204
(503) 802-2013
Email:
al @ tonkon.com

JAMES M KENNEDY
601 SW 2nd Ave #2050
Portland, OR 97204
(503) 226-6555

TIMOTHY J CONWAY
888 SW 5th Ave #1600
Portland, OR 97204
(503) 802-2027
Email:
tim.conway @ tonkon.com

U.S. Trustee
US Trustee, Portland
620 SW Main St Rm 213
Portland, OR 97205
(503) 326-4000
   

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