HIBU (USA) LLC Bankruptcy Filing
Case Number: 14-70324
HIBU (USA) LLC filed a 15 chapter bankruptcy in the Eastern District of New York bankruptcy court on January 28, 2014. This is a voluntary filing; it was assigned the bankruptcy case number #14-70324.
HIBU (USA) LLC Filing Information
The bankruptcy petition for HIBU (USA) LLC showed assets in the range of more than $1B with liabilities in the range of more than $1B. HIBU (USA) LLC reports that the number of creditors is in the range of 200-999.
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'.
HIBU (USA) 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.
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HIBU (USA) LLC Docket Header
RELATED, MEMBER, JNTADMN |
Eastern District of New York (Central Islip)
Bankruptcy Petition #: 8-14-70324-reg
Assigned to: Robert E. Grossman Chapter 15 Voluntary Asset |
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Debtor hibu (USA) LLC c/o CT Corporation 1209 Orange Street Wilmington, DE 19801 NEW CASTLE-DE Tax ID / EIN: 27-1097509 aka YB (USA) LLC |
rep. by |
James H Sprayregen
Kirkland & Ellis LLP 300 N.LaSalle Street Chicago, IL 60654 312-862-2481 Fax : 312-862-2200 Email: james.sprayregen @ kirkland.com |
U.S. Trustee United States Trustee Long Island Federal Courthouse 560 Federal Plaza - Room 560 Central Islip, NY 11722-4437 (631) 715-7800 |