FIRST MAGNUS FINANCIAL CORPORATION Bankruptcy Filing
Case Number: 07-01578
FIRST MAGNUS FINANCIAL CORPORATION filed a 11 chapter bankruptcy in the District of Arizona bankruptcy court on August 21, 2007. This is a voluntary filing; it was assigned the bankruptcy case number #07-01578.
FIRST MAGNUS FINANCIAL CORPORATION Filing Information
The bankruptcy petition for FIRST MAGNUS FINANCIAL CORPORATION showed assets in the range of $100MM - $500MM with liabilities in the range of $100MM - $500MM. FIRST MAGNUS FINANCIAL CORPORATION reports that the number of creditors is in the range of 25,001- 50,000.
The debtor indicated their nature of business as Unknown. 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'.
FIRST MAGNUS FINANCIAL CORPORATION 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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FIRST MAGNUS FINANCIAL CORPORATION Docket Header
Exhibits, PlanConfirmed, SealedDoc, CLOSED |
District of Arizona (Tucson)
Bankruptcy Petition #: 4:07-bk-01578-EWH
Assigned to: Judge Eileen W. Hollowell Chapter 11 Voluntary Asset Debtor disposition: Discharge Not Applicable |
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| Debtor FIRST MAGNUS FINANCIAL CORPORATION 603 NORTH WILMOT ROAD TUCSON, AZ 85711 PIMA-AZ 520-618-9517 Tax ID / EIN: 86-0830673 |
rep. by |
GARLAND ALLEN BROWN
WBPP, PLLC 9456 East Adobe Drive Scottsdale, AZ 85255 480-399-2192 TODD A. BURGESS GALLAGHER & KENNEDY 2575 E. CAMELBACK ROAD, #1100 PHOENIX, AZ 85016 602-530-8050 Email: todd.burgess @ gknet.com JOHN R. CLEMENCY GALLAGHER & KENNEDY PA 2575 EAST CAMELBACK ROAD SUITE 1100 PHOENIX, AZ 85016 602-530-8040 Email: john.clemency @ gknet.com JAMES E. CROSS CROSS LAW FIRM, PLC 1850 N. Central Avenue, Suite 1150 Phoenix, AZ 85004 602-412-4422 Fax : 602-252-4712 Email: jcross @ crossbcs.com CRAIG SOLOMON GANZ BALLARD SPAHR LLP 1 EAST WASHINGTON STREET SUITE 2300 PHOENIX, AZ 85004-2555 602.798.5400 Email: ganzc @ ballardspahr.com JAMES P.S. LESHAW Leshaw Law 1395 Brickell Ave Suite 800 Miami, FL 33131 305.477.1758 Email: Jim @ LeshawLaw.com TERMINATED: 02/05/2013 BRENDA K. MARTIN OSBORN MALEDON, PA The Phoenix Plaza 2929 N. Central Ave., Suite 2100 PHOENIX, AZ 85012-2794 602-640-9346 Fax : 602-664-2043 SELF- TERMINATED: 04/21/2014 CATHY L. REECE FENNEMORE CRAIG, P.C. 2394 East Camelback Rd., Ste. 600 PHOENIX, AZ 85016-3429 602-916-5343 Fax : 602-916-5543 Email: creece @ fclaw.com TERMINATED: 12/18/2007 |
| Defendant GForce1, LLC TERMINATED: 04/22/2009 |
rep. by |
BARNEY MYER HOLTZMAN
FENNEMORE CRAIG ONE SOUTH CHURCH AVE., SUITE 1000 TUCSON, AZ 85701 520-879-6810 Fax : 520-879-6892 Email: BHoltzman @ fclaw.com TODD JACKSON Jackson & Oden, PC 3573 East Sunrise Drive, Suite 125 TUCSON, AZ 85718 520-884-0024 Fax : 520-884-0025 Email: jhogan @ jacksonodenlaw.com |
| Defendant StoneWater Technology, LLC TERMINATED: 04/22/2009 |
rep. by |
TODD JACKSON
(See above for address) |
| Defendant StoneWater Lender Services, LLC TERMINATED: 04/22/2009 |
rep. by |
TODD JACKSON
(See above for address) |
| Defendant StoneWater Insurance Group, LLC TERMINATED: 04/22/2009 |
rep. by |
TODD JACKSON
(See above for address) |
| Defendant StoneWater Holding Corporation TERMINATED: 04/22/2009 |
rep. by |
TODD JACKSON
(See above for address) |
| Defendant StoneWater BPO, LLC TERMINATED: 04/22/2009 |
rep. by |
TODD JACKSON
(See above for address) |
| Defendant STONEWATER MORTGAGE CORPORATION TERMINATED: 04/22/2009 |
rep. by |
BARNEY MYER HOLTZMAN
(See above for address) TODD JACKSON (See above for address) |
| Trustee LARRY LATTIG, LITIGATION TRUSTEE, FIRST MAGNUS LITIGATION TRUST Sean P. O'Brien Gust Rosenfeld P.L.C. 201 E. Washington St. Suite 800 Phoenix, AZ 85004-2327 602-257-7460 |
rep. by |
GEORGE H. BARBER
KANE RUSSELL COLEMAN & LOGAN 3700 THANKSGIVING TOWER 1601 ELM ST. SUITE 3700 DALLAS, TX 75201 214-777-4264 Fax : 214-777-4299 Email: gbarber @ krcl.com JOSEPH M. COLEMAN KANE RUSSELL COLEMAN & LOGAN PC 3700 THANKSGIVING TOWER 1601 ELM STREET, SUITE 3700 DALLAS, TX 75201 214-777-4200 Fax : 214-777-4299 Email: jcoleman @ krcl.com DEBORAH DEITSCH-PEREZ LACKEY HERSHMAN LLP 3102 OAK LAWN AVE. DALLAS, TX 75219 214-232-7582 Fax : 214-560-2203 Email: ddp @ lhlaw.net JEREMY M. GOODMAN GOODMAN LAW PLLC PO BOX 90758 PHOENIX, AZ 85066 602-476-1114 Fax : 602-218-5024 Email: jeremy @ goodmanlawpllc.com TERMINATED: 08/03/2011 SEAN 1 O'BRIEN GUST ROSENFELD, PLC 201 E. WASHINGTON, #800 PHOENIX, AZ 85004-2327 602-257-7460 Fax : 602-254-4878 SEAN P. O'BRIEN GUST ROSENFELD P.L.C. One East Washington Suite 1600 PHOENIX, AZ 85004-2553 602-257-7460 Fax : 602-254-4878 Email: spobrien @ gustlaw.com DAVID D. RITTER KANE, RUSSELL, COLEMAN & LOGAN, P.C. 1601 ELM STREET #3700 DALLAS, TX 75201 (214)777-4282 Fax : (214)777-4299 Email: ecf @ krcl.com GUST ROSENFELD 201 N. CENTRAL AVENUE #3300 PHOENIX, AZ 85073-3300 (602)257-7422 GREGORY M. ZARIN Winstead PC 5400 Renaissance Tower 1201 Elm Street DALLAS, TX 75270 214-745-5400 Fax : 214-745-5390 |
| Trustee MORRIS C. AARON, LIQUIDATING TRUSTEE |
rep. by |
GARLAND ALLEN BROWN
(See above for address) TERMINATED: 09/02/2009 TODD A. BURGESS (See above for address) JOHN R. CLEMENCY (See above for address) CRAIG SOLOMON GANZ (See above for address) BRENDA K. MARTIN (See above for address) SELF- TERMINATED: 04/21/2014 SARA R. WITTHOFT ZWILLINGER GREEK & KNECHT PC 2425 E. CAMELBACK RD., #600 PHOENIX, AZ 85016 602-224-7880 Fax : 602-224-7889 Email: switthoft @ zglawgroup.com TERMINATED: 03/13/2014 |
| Trustee ROGER W. BROWN, CHAPTER 7 TRUSTEE |
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| U.S. Trustee U.S. TRUSTEE OFFICE OF THE U.S. TRUSTEE 230 NORTH FIRST AVENUE SUITE 204 PHOENIX, AZ 85003 |
rep. by |
ELIZABETH C. AMOROSI
OFFICE OF THE U.S. TRUSTEE 230 N. 1ST AVENUE, SUITE 204 PHOENIX, AZ 85003 602-682-2600 Fax : 602-514-7270 RENEE SANDLER SHAMBLIN OFFICE OF THE U.S. TRUSTEE 230 North First Avenue, Suite 204 PHOENIX, AZ 85003-1706 602-682-2616 Fax : 602-514-7270 Email: renee.s.shamblin @ usdoj.gov |
| Creditor Committee Official Committee of Unsecured Creditors |
rep. by | SEAN P. O'BRIEN
(See above for address) MICHAEL D. WARNER Cole Schotz Meisel Forman & Leonard PA 301 COMMERCE ST STE 1700 FT. WORTH, TX 76102 817-810-5250 Fax : 817-810-5255 Email: mwarner @ coleschotz.com |