GENMAR INDUSTRIES, INC. Bankruptcy Filing

Case Number: 09-43540

GENMAR INDUSTRIES, INC. filed a 7 chapter bankruptcy in the District of Minnesota bankruptcy court on June 01, 2009. This is a voluntary filing; it was assigned the bankruptcy case number #09-43540.

GENMAR INDUSTRIES, INC. Filing Information

The bankruptcy petition for GENMAR INDUSTRIES, INC. showed assets in the range of $100MM - $500MM with liabilities in the range of $1MM - $100MM. GENMAR INDUSTRIES, INC. 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'.

GENMAR INDUSTRIES, 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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GENMAR INDUSTRIES, INC. Docket Header

JNTADMN, MEMBER




US Bankruptcy Court [LIVE]
District of Minnesota (Minneapolis)
Bankruptcy Petition #: 09-43540

Assigned to: Judge Dennis D O'Brien
Chapter 11
Voluntary
Asset


Date filed:  06/01/2009

Debtor
Genmar Industries, Inc.
2900 IDS Center
80 S Eighth St
Minneapolis, MN 55402
Tax ID / EIN: 22-2612772

rep. by Clinton E. Cutler
Fredrikson & Byron, P.A.
200 South Sixth Street
Ste 4000
Minneapolis, MN 55402
612-492-7070
Fax : 612-347-7077
Email:
ccutler @ fredlaw.com
TERMINATED: 07/28/2009

Douglas W. Kassebaum
Fredrikson & Byron, P.A.
200 South Sixth Street
Suite 4000
Minneapolis, MN 55402
(612) 492-7292
Email:
dkassebaum @ fredlaw.com

Faye Knowles
Fredrikson & Byron, PA
200 South Sixth Street
Suite 4000
Minneapolis, MN 55402-1425
612-492-7054
Fax : 612-492-7077
Email:
fknowles @ fredlaw.com

James L. Baillie
Fredrikson & Byron, P.A.
200 South Sixth Street
Suite 4000
Minneapolis, MN 55402
612-492-7013
Fax : 612-492-7077
Email:
jbaillie @ fredlaw.com

Ryan Murphy
Fredrikson & Byron, PA
200 South Sixth Street
Suite 4000
Minneapolis, MN 55402-1425
612-492-7310
Email:
rmurphy @ fredlaw.com

U.S. Trustee
US Trustee
1015 US Courthouse
300 S 4th St
Minneapolis, MN 55415
612-664-5500
rep. by Sarah J Wencil
US Trustee Office
Suite 1015 U.S. Courthouse
300 South Fourth Street
Minneapolis, MN 55415
612-664-5500
Fax : 612-664-5516
Email:
Sarah.J.Wencil @ usdoj.gov

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