GSI GROUP CORPORATION Bankruptcy Filing
Case Number: 09-14111
GSI GROUP CORPORATION filed a 11 chapter bankruptcy in the District of Delaware bankruptcy court on November 20, 2009. This is a voluntary filing; it was assigned the bankruptcy case number #09-14111.
GSI GROUP CORPORATION Filing Information
The bankruptcy petition for GSI GROUP CORPORATION showed assets in the range of $100MM - $500MM with liabilities in the range of $100MM - $500MM. GSI GROUP CORPORATION 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'.
GSI GROUP 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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GSI GROUP CORPORATION Docket Header
CLOSED, JNTADMN |
District of Delaware (Delaware)
Bankruptcy Petition #: 09-14111-PJW
Assigned to: Peter J. Walsh Chapter 11 Voluntary Asset Debtor disposition: Discharge Not Applicable |
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| Debtor GSI Group Corporation 125 Middlesex Turnpike Bedford, MA 01730 Tax ID / EIN: 38-1859358 |
rep. by |
Mark Minuti
Saul Ewing LLP 222 Delaware Ave, Suite 1200 P.O. Box 1266 Wilmington, DE 19899 302 421-6840 Fax : 302 421-5873 Email: mminuti @ saul.com MaryJo Bellew Saul Ewing LLP 222 Delaware Avenue Suite 1200 Wilmington, DE 19899 302-421-6886 Fax : 302-421-5886 Email: mbellew @ saul.com |
| U.S. Trustee United States Trustee 844 King Street, Room 2207 Lockbox #35 Wilmington, DE 19899-0035 302-573-6491 |