INDOCHINE EXPRESS SOUTHPORT LLC. Bankruptcy Filing

Filing Information

INDOCHINE EXPRESS SOUTHPORT LLC., a corporation, has filed for bankruptcy in the North Carolina Eastern district court. The company's bankruptcy was officially recorded on October 4, 2024, with case number 24-03489. According to the public records, INDOCHINE EXPRESS SOUTHPORT LLC. is headquartered at 7 Wayne Drive, Wilmington, NC. This bankruptcy filing marks a significant step for the organization as it seeks to restructure its debts and navigate financial challenges. Bankruptcy information will be publicly available once filed, providing insight into the company's financial situation and potential plans for recovery. The exact reasons behind INDOCHINE EXPRESS SOUTHPORT LLC.'s decision to file for bankruptcy remain unclear at this time, but the filing is expected to have implications for employees, creditors, and stakeholders involved with the organization.

INDOCHINE EXPRESS SOUTHPORT LLC. filed for bankruptcy, with assets ranging from $0 to $100,000. The company has secured the financial backing of its sole creditor, whose number of claims falls within the 1-49 range. This indicates that the creditor has a manageable stake in the company's debt. INDOCHINE EXPRESS SOUTHPORT LLC.'s liabilities lie within the $1 million to $10 million range, suggesting substantial outstanding debts. As a business operating under the Restaurants and Other Eating Places industry, the company's bankruptcy filing signals potential financial difficulties in the hospitality sector. Further details about the cause of the bankruptcy and the terms of the restructuring plan will likely be released as the case progresses.

INDOCHINE EXPRESS SOUTHPORT LLC. indicated on its bankruptcy petition that it expects there will be sufficient assets in the estate to make a payment to the unsecured creditors.

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INDOCHINE EXPRESS SOUTHPORT LLC. Bankruptcy Docket Header


Assigned to:
Chapter 11
Voluntary
Asset
Date filed:  10/04/2024

Debtor
Indochine Express Southport LLC.
7 Wayne Drive
Wilmington, NC 28403
BRUNSWICK-NC
Tax ID / EIN: 87-4038637 		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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