INDOCHINE EXPRESS OLEANDER, LLC Bankruptcy Filing

Case Number: 24-03487

INDOCHINE EXPRESS OLEANDER, LLC filed a 11 chapter bankruptcy in the Eastern District of North Carolina bankruptcy court on October 04, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-03487.

INDOCHINE EXPRESS OLEANDER, LLC Filing Information

INDOCHINE EXPRESS OLEANDER, LLC filed for bankruptcy on October 4, 2024, with case number 24-03487, according to court records. The corporation, based at 7 Wayne Drive, Wilmington, NC, has taken this step as part of the bankruptcy information process. As a North Carolina-based business, INDOCHINE EXPRESS OLEANDER, LLC's bankruptcy filing is being handled by the North Carolina Eastern Court. The company's decision to seek bankruptcy protection marks a significant development in its financial situation, and it will be interesting to monitor how this affects its operations going forward.

INDOCHINE EXPRESS OLEANDER, LLC has filed for bankruptcy, according to recent developments. The company, operating under the Traveler Accommodation industry, has reportedly listed assets ranging from $0 to $100,000. This suggests that the business may have limited financial resources at its disposal. With a single creditor listed among those affected by the bankruptcy, it appears that INDOCHINE EXPRESS OLEANDER, LLC is handling this matter independently, rather than in conjunction with a larger group of creditors. The company's liability range, spanning $1 million to $10 million, indicates a significant amount of debt owed to various parties. As one of the smaller travel accommodation providers, INDOCHINE EXPRESS OLEANDER, LLC's bankruptcy filing may have implications for its clients and the broader industry as a whole.

INDOCHINE EXPRESS OLEANDER, 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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INDOCHINE EXPRESS OLEANDER, LLC Docket Header


Assigned to:
Chapter 11
Voluntary
Asset

Date filed:  10/04/2024

Debtor
Indochine Express Oleander, LLC
7 Wayne Drive
Wilmington, NC 28403
NEW HANOVER-NC
Tax ID / EIN: 88-0608239
rep. by George M. Oliver
The Law Offices of Oliver & Cheek, PLLC
PO Box 1548
New Bern, NC 28563
252 633-1930
Fax : 252 633-1950
Email:
 efile @ ofc-law.com

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