ENGINES, GIANINO-LUKOVICH RACING Bankruptcy Filing

Case Number: 07-60596

ENGINES, GIANINO-LUKOVICH RACING filed a 7 chapter bankruptcy in the Eastern District of Michigan bankruptcy court on October 12, 2007. This is a voluntary filing; it was assigned the bankruptcy case number #07-60596.

ENGINES, GIANINO-LUKOVICH RACING Filing Information

The bankruptcy petition for ENGINES, GIANINO-LUKOVICH RACING showed assets in the range of $100,001-$1,000,000 with liabilities in the range of $100,001-$1,000,000. ENGINES, GIANINO-LUKOVICH RACING reports that the number of creditors is in the range of 1-49.

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'.

ENGINES, GIANINO-LUKOVICH RACING 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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ENGINES, GIANINO-LUKOVICH RACING Docket Header

SmPlnDue




U.S. Bankruptcy Court
Eastern District of Michigan (Detroit)
Bankruptcy Petition #: 07-60596-pjs

Assigned to: Judge Phillip J Shefferly
Chapter 11
Voluntary
Asset
 
Date Filed: 10/12/2007

Debtor In Possession
John Lukovich Motorsports, Inc.
48135 Gratiot Ave.
Chesterfield Twp., MI 48051
Tax id: 38-3272040
aka
Lukovich Racing Engines
aka
Gianino-Lukovich Racing Engines
rep. by Anita Rao
2000 Town Center
Suite 1900
Southfield, MI 48075
(248) 351-9787
Email:
anita @ reddandrao.com

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