FYM, LLC Bankruptcy Filing
Case Number: 24-10543
FYM, LLC filed a 11 chapter bankruptcy in the District of Rhode Island bankruptcy court on August 08, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-10543.
FYM, LLC Filing Information
FYM, LLC has filed for Chapter 11 bankruptcy protection, marking a significant development for the Rhode Island-based corporation. The company's bankruptcy filing was made on August 8, 2024, with case number 24-10543, and is being heard in the Rhode Island court. FYM, LLC, which operates as a Corporation, has filed under Chapter 11 of the US Bankruptcy Code, indicating a desire to reorganize its debts and restructuring its financial obligations. The debtor's address on record is 38 Pelham Street, Newport, RI. As the company navigates this process, FYM, LLC will be required to present a detailed plan for its financial reorganization, outlining strategies for reducing debt and emerging as a more sustainable entity.
FYM, LLC 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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FYM, LLC Docket Header
PlnDue |
District of Rhode Island (Providence)
Bankruptcy Petition #: 1:24-bk-10543
Assigned to: Chapter 11 Voluntary Asset |
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| Debtor FYM, LLC 38 Pelham Street Newport, RI 02840 NEWPORT-RI Tax ID / EIN: 87-1899803 |
rep. by |
Russell D. Raskin
Raskin & Berman 116 East Manning Street Providence, RI 02906 (401) 421-1363 Email: mail @ raskinberman.com |
| Assistant U.S. Trustee Gary L. Donahue Office of the U.S. Trustee U.S. Courthouse One Exchange Terrace Suite 431 Providence, RI 02903 (401) 528-5551 |