GRUPO POSADAS S.A.B. DE C.V. Bankruptcy Filing
Case Number: 21-11831
GRUPO POSADAS S.A.B. DE C.V. filed a 11 chapter bankruptcy in the Southern District of New York bankruptcy court on October 26, 2021. This is a voluntary filing; it was assigned the bankruptcy case number #21-11831.
GRUPO POSADAS S.A.B. DE C.V. Filing Information
The bankruptcy petition for GRUPO POSADAS S.A.B. DE C.V. showed assets in the range of $500MM - $1B with liabilities in the range of $500MM - $1B. GRUPO POSADAS S.A.B. DE C.V. reports that the number of creditors is in the range of 1,000-5,000.
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'.
GRUPO POSADAS S.A.B. DE C.V. 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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GRUPO POSADAS S.A.B. DE C.V. Docket Header
CLMAGT, Lead, MEGA, CLOSED |
Southern District of New York (Manhattan)
Bankruptcy Petition #: 21-11831-pb
Assigned to: Judge Philip Bentley Chapter 11 Voluntary Asset Debtor disposition: Discharge Not Applicable |
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| Debtor Grupo Posadas S.A.B. de C.V. Prolongacio Paseo de la Reforma 1015 Torre A, Piso 9, Col. Santa Fe Cuajimalpa, OUTSIDE U. S. Mexico Tax ID / EIN: 92-0120440 aka Grupo Posadas, Posadas, GPO |
rep. by |
Richard James Cooper
Cleary Gottlieb Steen & Hamilton LLP One Liberty Plaza New York, NY 10006 212-225-2276 Email: rcooper @ cgsh.com Hoo Ri Kim One Liberty Plaza New York, NY 10006 212-225-2392 Email: hokim @ cgsh.com Jane Vanlare Cleary Gottlieb Steen & Hamilton LLP One Liberty Plaza New York, NY 10006 212-225-2000 Email: jvanlare @ cgsh.com Michael Weinberg Cleary Gottlieb Steen & Hamilton LLP One Liberty Plaza New York, NY 10006 212-225-2856 Email: mdweinberg @ cgsh.com |
| U.S. Trustee United States Trustee Office of the United States Trustee - NY Alexander Hamilton Custom House One Bowling Green, Room 534 New York, NY 10004-1408 (212) 510-0500 |
rep. by |
Susan A. Arbeit
DOJ-Ust Alexander Hamilton Custom House One Bowling Green Room 534 New York, NY 10004-1408 212-510-0500 Email: susan.arbeit @ usdoj.gov |
| Claims and Noticing Agent Kroll Restructuring Administration LLC Claims Agent (Formerly Prime Clerk LLC) 55 East 52nd Street 17th Floor www.kroll.com New York, NY 10055 (212) 257-5450 |
rep. by |
Adam M. Adler
Kroll Restructuring Administration LLC (F/K/A Prime Clerk LLC) 55 East 52nd Street 17th Floor New York, NY 10055 212-257-5465 Email: aadler @ primeclerk.com |
| Claims and Noticing Agent Kroll Restructuring Administration LLC Claims Agent (Formerly Prime Clerk LLC) 55 East 52nd Street 17th Floor www.kroll.com New York, NY 10055 (212) 257-5450 |