KUMTOR GOLD COMPANY CSJC Bankruptcy Filing
Case Number: 21-11051
KUMTOR GOLD COMPANY CSJC filed a 11 chapter bankruptcy in the Southern District of New York bankruptcy court on May 31, 2021. This is a voluntary filing; it was assigned the bankruptcy case number #21-11051.
KUMTOR GOLD COMPANY CSJC Filing Information
The bankruptcy petition for KUMTOR GOLD COMPANY CSJC showed assets in the range of more than $1B with liabilities in the range of $100MM - $500MM. KUMTOR GOLD COMPANY CSJC reports that the number of creditors is in the range of 1,000-5,000.
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'.
KUMTOR GOLD COMPANY CSJC 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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KUMTOR GOLD COMPANY CSJC Docket Header
MEGA, CLMAGT, Lead |
Southern District of New York (Manhattan)
Bankruptcy Petition #: 21-11051-lgb
Assigned to: Judge Lisa G Beckerman Chapter 11 Voluntary Asset |
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Debtor Kumtor Gold Company CJSC 24 Ibraimova Street 720001 Bishkek OUTSIDE U. S. Kyrgyz Republic |
rep. by |
James L. Bromley
Sullivan & Cromwell LLP 125 Broad Street New York, NY 10004 212-558-4923 Email: bromleyj @ sullcrom.com Pauline K. Morgan Young Conaway Stargatt & Taylor, LLP 1000 West Street 17th Floor Wilmington, DE 19899-0391 (302) 571-6600 Fax : (302) 571-1253 Email: bankfilings @ ycst.com |
U.S. Trustee United States Trustee Office of the United States Trustee U.S. Federal Office Building 201 Varick Street, Room 1006 New York, NY 10014 (212) 510-0500 |
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Claims and Noticing Agent Stretto Claims Agent 8269 E. 23rd Avenue Suite 275 www.stretto.com Denver, CO 80238 (855) 812-6112 |