GUITAR CENTER, INC. Bankruptcy Filing
Case Number: 20-34656
GUITAR CENTER, INC. filed a 11 chapter bankruptcy in the Eastern District of Virginia bankruptcy court on November 21, 2020. This is a voluntary filing; it was assigned the bankruptcy case number #20-34656.
GUITAR CENTER, INC. Filing Information
The bankruptcy petition for GUITAR CENTER, INC. showed assets in the range of more than $1B with liabilities in the range of more than $1B. GUITAR CENTER, INC. reports that the number of creditors is in the range of 25,001- 50,000.
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'.
GUITAR CENTER, 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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GUITAR CENTER, INC. Docket Header
Assigned to: Kevin R. Huennekens Chapter 11 Voluntary Asset |
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| Debtor Guitar Center, Inc., Debtor 5795 Lindero Canyon Road Westlake Village, CA 91362 OUTSIDE U. S. |
rep. by |
Tyler P. Brown
Hunton Andrews Kurth LLP 951 East Byrd Street Richmond, VA 23219 804-788-8200 Email: tpbrown @ huntonak.com Justin F. Paget Hunton Andrews Kurth LLP 951 E. Byrd Street Richmond, VA 23219 (804) 787-8132 Email: jpaget @ huntonAK.com Jennifer Ellen Wuebker Hunton Andrews Kurth LLP Riverfront Plaza, East Tower 951 East Byrd Street Richmond, VA 23219 (804) 344-8815 Email: jwuebker @ huntonak.com |
| U.S. Trustee John P. Fitzgerald, III Office of the US Trustee - Region 4 -R 701 E. Broad Street, Ste. 4304 Richmond, VA 23219 804-771-2310 |