INTERSTATE COMMODITIES INC. Bankruptcy Filing

Summary of INTERSTATE COMMODITIES INC. Filing Information

INTERSTATE COMMODITIES INC. filed a 11 chapter bankruptcy in the Northern District of New York bankruptcy court on August 26, 2020. This is a voluntary filing; it was assigned the bankruptcy case number #20-11139.

INTERSTATE COMMODITIES INC. Bankruptcy Information

The bankruptcy petition for INTERSTATE COMMODITIES INC. showed assets in the range of $10MM - $50MM with liabilities in the range of $10MM - $50MM. INTERSTATE COMMODITIES 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 options for nature of business in bankruptcies are rather limited and archaic. They include 'Health Care Business', 'Single Asset Real Estate', 'Railroad', 'Stockbroker', 'Commodity Broker', 'Clearing Bank', or 'None of the Above'.

INTERSTATE COMMODITIES INC. Asset and Liability Information

The BankruptcyObserver database has not yet been updated with information about the debtor's assets, liabilities, nature of business, industry, or possibility for an unsecured creditor distribution. This data is typically entered on the morning of the next business day after the chapter 7 or chapter 11 business files bankruptcy.

Unsecured Creditor Treatment in INTERSTATE COMMODITIES INC. Bankruptcy:

INTERSTATE COMMODITIES INC. 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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INTERSTATE COMMODITIES INC. Bankruptcy Docket Header

ProHacVice, EXTTM, ADV




U.S. Bankruptcy Court
Northern District of New York (Albany)
Bankruptcy Petition #: 20-11139-1-rel

Assigned to: Robert E. Littlefield Jr.
Chapter 11
Voluntary
Asset


Date filed:  08/26/2020
Plan confirmed:  08/05/2021
341 meeting:  09/24/2020
Deadline for filing claims:  02/22/2021
Deadline for filing claims (govt.):  02/22/2021

Debtor
Interstate Commodities Inc.
7 Madison Street
Troy, NY 12180
RENSSELAER-NY
Tax ID / EIN: 14-1285564

rep. by Gerard Roger Luckman
Forchelli Deegan Terrana LLP
333 Earle Ovington Blvd
Suite 1010
Uniondale, NY 11553
516-812-6291
Email:
 gluckman @ forchellilaw.com

Petitioning Creditor
Mark J McCarthy
McCarthy Law
6 Liberty
Albany, NY
United States
5185279965

rep. by Mark J. McCarthy
Harris Beach PLLC
677 Broadway
Suite 1101
Albany, NY 12207
(518) 427-9700
Fax : (518) 427-0235
Email:
 mmccarthy @ harrisbeach.com

U.S. Trustee
U.S. Trustee
Office of the U.S. Trustee
Leo W. O'Brien Federal Building
11A Clinton Ave, Room 620
Albany, NY 12207

rep. by Amy J. Ginsberg
United States Trustee
11A Clinton Ave
Room 620
Albany, NY 12207
518-434-4553
Email:
 amy.j.ginsberg @ usdoj.gov

Lisa M Penpraze
Office of The United States Trustee
Leo W. O'Brien Federal Building
11A Clinton Avenue, Room 620
Albany, NY 12207
518-434-4553
Email:
 lisa.penpraze @ usdoj.gov

Creditor Committee
Official Committee of Unsecured Creditors
Lemery Greisler LLC
C/O Meghan M. Breen
50 Beaver Street, 2nd Floor
Albany, NY 12207
518-433-8800
rep. by Meghan M. Breen
Lemery Greisler LLC
50 Beaver Street
Albany, NY 12207
(518) 433-8800
Email:
 mbreen @ lemerygreisler.com

Paul A. Levine
Lemery Greisler, LLC
677 Broadway
8th Fl.
Albany, NY 12866
518-433-8800
Fax : 518-433-8823
Email:
 plevine @ lemerygreisler.com

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