ENGINEERED PROPULSION SYSTEMS, INC. Bankruptcy Filing
Case Number: 20-11957
ENGINEERED PROPULSION SYSTEMS, INC. filed a 11 chapter bankruptcy in the Western District of Wisconsin bankruptcy court on July 29, 2020. This is a voluntary filing; it was assigned the bankruptcy case number #20-11957.
ENGINEERED PROPULSION SYSTEMS, INC. Filing Information
The bankruptcy petition for ENGINEERED PROPULSION SYSTEMS, INC. showed assets in the range of $100MM - $500MM with liabilities in the range of $10MM - $50MM. ENGINEERED PROPULSION SYSTEMS, INC. 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'.
ENGINEERED PROPULSION SYSTEMS, 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.
How Bankruptcy Monitoring Works
At Bankruptcy Observer, our mission is to save you time and simplify the process of accessing and monitoring bankruptcy cases. Whether you're a legal professional, financial analyst, business owner, competitor, or employee of a bankrupt company, our platform will help you to stay informed and stay organized quickly and efficiently.
|
Subscribe for Full Access With our $40 monthly subscription, you can monitor up to 5 cases simultaneously. This includes real-time email alerts for any new developments, such as new filings or docket updates. Perfect for professionals who need to keep track of multiple cases. |
|
|
Search & Select Cases Search & Select Cases After subscribing, use our powerful search tool to find the bankruptcy cases you want to monitor. Simply sign up for alerts on each case to start receiving daily update. (Monitor up to 5 cases at the same time.) |
|
Pay-As-You-Go Option If you only need to monitor a single case, you can do so without subscribing. For just $14.99, you can set up monitoring for one case, receiving the same timely alerts without the full subscription commitment. |
|
|
Receive Real-Time Alerts With our $40 monthly subscription, you can monitor up to 5 cases simultaneously. This includes real-time email alerts for any new developments, such as new filings or docket updates. Perfect for professionals who need to keep track of multiple cases. |
ENGINEERED PROPULSION SYSTEMS, INC. Docket Header
PLNDUE, DSCLSDUE, DISMISSED |
Western District of Wisconsin www.wiwb.uscourts.gov (Eau Claire)
Bankruptcy Petition #: 1-20-11957-gmh
341 Meeting Location: Eau Claire Assigned to: G Michael Halfenger Chapter 11 Voluntary Asset Debtor disposition: Dismissed for Other Reason |
|
| Debtor Engineered Propulsion Systems, Inc. 625 West Hangar Road, Hanger 11 - 16 New Richmond, WI 54017 ST. CROIX-WI Tax ID / EIN: 26-4167856 |
rep. by |
Elizabeth L. Eddy
Steinhilber Swanson, LLP 759 N. Milwaukee St. Suite 305 Milwaukee, WI 53202 414-877-5961 Email: eeddy @ steinhilberswanson.com Virginia E. George Steinhilber Swanson LLP 759 N Milwaukee Street Suite 305 Milwaukee, WI 53202 414-877-1555 Email: vgeorge @ steinhilberswanson.com Stephanie Hor-Chen Katten 525 W. Monroe St. Ste 1900 Chicago, IL 60661 312-902-5328 Email: stephanie.hor-chen @ katten.com TERMINATED: 07/31/2020 Adam M. Jarchow Jarchow Law LLC 360 4th Street Clear Lake, WI 540005 715-263-4200 Email: janet @ jarchowlaw.com Eliza M. Reyes Steinhilber Swanson LLP 122 W. Washington, Suite 850 Madison, WI 53703 608-630-8990 Fax : 608-630-8991 Email: ereyes @ steinhilberswanson.com John Sieger Katten Muchin Rosenman LLP 525 West Monroe Street Chicago, IL 60661 312-902-5294 Email: john.sieger @ kattenlaw.com TERMINATED: 07/31/2020 James D. Sweet Steinhilber Swanson LLP 122 West Washington Avenue Suite 850 Madison, WI 53703 608-827-6880 Email: jsweet @ steinhilberswanson.com |
| U.S. Trustee U.S. Trustee's Office 780 Regent Street, Suite 304 Madison, WI 53715 |
rep. by | Mary R. Jensen
Office of the United States Trustee 780 Regent Street, Suite 304 Madison, WI 53715 608-264-5522 Email: Mary.R.Jensen @ usdoj.gov Jennifer K Niemeier Office of the United States Trustee 780 Regent Street, Suite 304 Madison, WI 53715 608-264-5522 Email: Jennifer.Niemeier @ usdoj.gov |