GOLDNER CAPITAL MANAGEMENT LLC Bankruptcy Filing

GOLDNER CAPITAL MANAGEMENT LLC Filing Information

GOLDNER CAPITAL MANAGEMENT LLC filed for bankruptcy on October 2, 2024, under case number 24-73789 in the New York Eastern District Court. As a corporation, GOLDNER CAPITAL MANAGEMENT LLC has sought protection from its creditors through this financial restructuring process. The court, presided over by Judge Alan S. Trust, will oversee the proceedings and ensure that the company's debts are properly handled. The bankruptcy filing marks an important milestone for the organization, which is required to submit regular reports to the court detailing its financial progress and any changes in its operations or assets. With this case number, creditors and interested parties can track the development of GOLDNER CAPITAL MANAGEMENT LLC's bankruptcy proceedings, with further updates expected as the process unfolds.

GOLDNER CAPITAL MANAGEMENT LLC has filed for bankruptcy, listing assets ranging from $0 to $100,000. The company's liabilities fall within a broader range of $10 million to $50 million, suggesting significant debt obligations. With a single creditor on record, the company's financial struggles appear to be concentrated in this one account. GOLDNER CAPITAL MANAGEMENT LLC operates under the Other Financial Investment Activities industry category, which encompasses a diverse array of investment and financial services. The bankruptcy filing has been made in the New York Eastern court district, where the company will likely undergo proceedings to address its debt and restructure its operations. As one of the few creditors on record, this single account may hold significant sway over the outcome of the case, while the broader liability range indicates a potentially complex web of financial obligations that need to be addressed.

GOLDNER CAPITAL MANAGEMENT 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.