KATOMKA ENTERPRISES, LLC Bankruptcy Filing
Case Number: 24-31890
KATOMKA ENTERPRISES, LLC filed a 11 chapter bankruptcy in the Northern District of Ohio bankruptcy court on October 04, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-31890.
KATOMKA ENTERPRISES, LLC Filing Information
KATOMKA ENTERPRISES, LLC filed for bankruptcy on October 4, 2024, as indicated by case number 24-31890. The corporation has sought protection under Chapter 11 of the United States Bankruptcy Code, a move that signals its intention to restructure and potentially emerge from insolvency. According to court records, the bankruptcy filing was handled in the Ohio Northern district court, with Judge JOHN P. GUSTAFSON presiding over the case. The exact nature of KATOMKA ENTERPRISES' financial difficulties is not specified, but the filing marks a significant development in the company's efforts to address its financial woes. As the proceedings unfold, it remains to be seen how the corporation will navigate the bankruptcy process and ultimately emerge from insolvency.
KATOMKA ENTERPRISES, LLC has filed for bankruptcy, with the company's assets ranging from $0 to $100,000. The filing indicates that a single creditor is owed between $100,001 and $1,000,000. As a management, scientific, and technical consulting services provider, Katomka Enterprises, LLC likely caters to businesses and organizations seeking expert advice in their respective fields. With one creditor in this range, it appears the company's debt exceeds its assets. This stark contrast suggests that Katomka Enterprises, LLC may have struggled with cash flow or other financial management issues, ultimately leading to insolvency. The bankruptcy filing marks a significant development for the company and its stakeholders, as it will likely lead to an assessment of its assets, liabilities, and overall financial health.
KATOMKA ENTERPRISES, 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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KATOMKA ENTERPRISES, LLC Docket Header
MisDocs, PlnDue, SmBus, Subchapter_V |
Northern District of Ohio (Toledo)
Bankruptcy Petition #: 24-31890-jpg
Assigned to: Judge JOHN P. GUSTAFSON Chapter 11 Voluntary Asset |
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| Debtor Katomka Enterprises, LLC 6580 Holcomb Dr. Pemberville, OH 43450 WOOD-OH Tax ID / EIN: 83-1530965 dba Cotton's Corner Carryout |
rep. by | Steven L. Diller
124 E Main Street Van Wert, OH 45891 (419) 238-5025 Email: steven @ drlawllc.com |