INDUSTRIAS VASSALLO, INC. Bankruptcy Filing

Case Number: 08-07752

INDUSTRIAS VASSALLO, INC. filed a 11 chapter bankruptcy in the Puerto Rico bankruptcy court on November 17, 2008. This is a voluntary filing; it was assigned the bankruptcy case number #08-07752.

INDUSTRIAS VASSALLO, INC. Filing Information

The bankruptcy petition for INDUSTRIAS VASSALLO, INC. showed assets in the range of $1MM - $100MM with liabilities in the range of $1MM - $100MM. INDUSTRIAS VASSALLO, INC. 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'.

INDUSTRIAS VASSALLO, 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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INDUSTRIAS VASSALLO, INC. Docket Header

PlnDue, DsclsDue




U.S. Bankruptcy Court
District of Puerto Rico (Ponce)
Bankruptcy Petition #: 08-07752-BKT11

Assigned to: Bankruptcy Judge BRIAN K. TESTER
Chapter 11
Voluntary
Asset


Date filed:  11/17/2008

Debtor
INDUSTRIAS VASSALLO INC
1000 CARR 506
COTO LAUREL, PR 00780
Tax ID / EIN: 66-0289535

rep. by CHARLES ALFRED CUPRILL
CHARLES A CURPILL, PSC LAW OFFICE
356 CALLE FORTALEZA
SECOND FLOOR
SAN JUAN, PR 00901
787 977-0515
Email:
cacuprill @ aol.com

SERGIO A. RAMIREZ DE ARELLANO
SERGIO RAMIREZ DE ARRELANO LAW OFFI
PO BOX 9024253
SAN JUAN, PR 00902-4253
787 765-2988
Email:
sramirez @ sarlaw.com

U.S. Trustee
MONSITA LECAROZ ARRIBAS
OFFICE OF THE US TRUSTEE (UST)
OCHOA BUILDING
500 TANCA STREET SUITE 301
SAN JUAN, PR 00901

   
U.S. Trustee
US TRUSTEE
EDIFICIO OCHOA
500 TANCA STREET SUITE 301
SAN JUAN, PR 00901-1922

   
Creditor Committee
MONTACHEM INC
C/O STEVE LISTON
2425 WEST LOOP SOUTH SUITE 200
HOUSTON, TX 77027

   
Creditor Committee
MARSH SALDANA INC
C/O ROBERTO MOSCOSO VICE PRESIDENT
PO BOX 361928
SAN JUAN, PR 00936-1928

   
Creditor Committee
LASCO FITTINGS INC
C/O KELLY ELLIS CREDIT MANAGER
414 MORGAN STREET
BROWNSVILLE, TN 38012

   
Creditor Committee
LIGHT GAS CORPORATION
C/O LUIS J FELICIANO ORTIZ
PO BOX 1155
SALINAS, PR 00751

   
Creditor Committee
CARIBBEAN TEMPORARY SERVICES INC
C/O MARITZA VELEZ ACCOUNTING SUPERVISOR
PO BOX 11873
SAN JUAN, PR 00910
   

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