FANSTEEL, INC. Bankruptcy Filing
Case Number: 16-01823
FANSTEEL, INC. filed a 11 chapter bankruptcy in the Southern District of Iowa bankruptcy court on September 13, 2016. This is a voluntary filing; it was assigned the bankruptcy case number #16-01823.
FANSTEEL, INC. Filing Information
The bankruptcy petition for FANSTEEL, INC. showed assets in the range of $50MM - $100MM with liabilities in the range of $10MM - $50MM. FANSTEEL, INC. reports that the number of creditors is in the range of 200-999.
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'.
FANSTEEL, 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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FANSTEEL, INC. Docket Header
Assigned to: Judge Anita L. Shodeen Chapter 11 Voluntary Asset |
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| Debtor Fansteel, Inc. c/o Dave Sands Dorset Partners, LLC PO Box 67 Dorset, VT 05251 UNION-IA Tax ID / EIN: 36-1058780 dba Fansteel Intercast dba Fansteel Wellman Dynamics dba Fansteel American Sintered Technologies |
rep. by |
Jeffrey D Goetz
801 Grand Ave, Ste 3700 Des Moines, IA 50309-8004 (515) 246-5817 Fax : (515) 246-5808 Email: goetz.jeffrey @ bradshawlaw.com Thomas J Joensen 699 Walnut St 4th Floor Des Moines, IA 50309 (515) 204-2845 Fax : (515) 466-2710 Email: tjoensen @ grsm.com TERMINATED: 08/20/2018 Justin E Lavan 801 Grand Ave Ste 3700 Des Moines, IA 50309 (515) 246-5895 Fax : (515) 246-5808 Email: lavan.justin @ bradshawlaw.com Vincent R Ledlow PO Box 313 Ankeny, IA 50023 (515) 346-7171 Email: vincent @ ledlowlaw.com TERMINATED: 01/04/2021 Krystal R Mikkilineni 215 10th Street Suite 1300 Des Moines, IA 50309 (515) 246-7943 Email: krystal.mikkilineni @ dentons.com TERMINATED: 05/25/2022 |
| U.S. Trustee United States Trustee Federal Bldg, Room 793 210 Walnut Street Des Moines, IA 50309 (515) 284-4982 |
rep. by |
James L Snyder
Federal Bldg Room 793 210 Walnut St Des Moines, IA 50309 (515) 284-4985 Email: USTPRegion12.DM.ECF @ usdoj.gov L Ashley Wieck 210 Walnut Street Room 793 Des Moines, IA 50309 (515) 323-2269 Fax : (515) 284-4986 Email: ashley.wieck @ usdoj.gov |
| Cred. Comm. Chair Ken Clark Reade Manufacturing Company 2590 Ridgeway Road Manchester, NJ 08759 (515) 421-4100 |
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| Creditor Committee Official Committee of Unsecured Creditors |
rep. by | Jeffrey W Courter
700 Walnut Ste 1600 Des Moines, IA 50309-3899 (515) 283-8048 Fax : (515) 283-8045 Email: jwc @ nyemaster.com Douglas G Leney 1650 Market St One Liberty Place 32nd Flr Philadelphia, PA 19103 (215) 246-3151 Fax : (215) 963-9999 Email: dleney @ archerlaw.com Stephen M Packman 1650 Market St One Liberty Place 32nd Flr Philadelphia, PA 19103 (215) 246-3147 Fax : (215) 963-9999 Email: spackman @ archerlaw.com Alan M Root 300 Delaware Ave Ste 1100 Wilmington, DE 19801 (302) 356-6623 Fax : (302) 777-4352 Email: aroot @ archerlaw.com Kristina M Stanger 700 Walnut St Ste 1600 Des Moines, IA 50309-3899 (515) 283-8009 Fax : (515) 283-8045 Email: kmstanger @ nyemaster.com |