LANCASTER TRUST Bankruptcy Filing
Case Number: 09-12473
LANCASTER TRUST filed a 11 chapter bankruptcy in the Southern District of New York bankruptcy court on April 22, 2009. This is a voluntary filing; it was assigned the bankruptcy case number #09-12473.
LANCASTER TRUST Filing Information
The bankruptcy petition for LANCASTER TRUST showed assets in the range of more than $1B with liabilities in the range of more than $1B. LANCASTER TRUST reports that the number of creditors is in the range of more than 100,000.
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'.
LANCASTER TRUST 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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LANCASTER TRUST Docket Header
MEGA, JtAdm, CLMAGT |
Southern District of New York (Manhattan)
Bankruptcy Petition #: 09-12473-alg
Assigned to: Judge Allan L. Gropper Chapter 11 Voluntary Asset |
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| Debtor Lancaster Trust 110 North Wacker Drive Chicago, IL 60606 aka Park City Center |
rep. by |
Gary Holtzer
Weil Gotshal & Manges LLP 767 Fifth Avenue New York, NY 10153 (212) 310-8463 Fax : (212) 310-8007 Email: gary.holtzer @ weil.com Marcia L. Goldstein Weil Gotshal & Manges 767 Fifth Avenue New York, NY 10153 212-310-8214 Fax : 212-735-4919 Email: marcia.goldstein @ weil.com |
| U.S. Trustee United States Trustee 33 Whitehall Street 21st Floor New York, NY 10004 (212) 510-0500 |
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| Claims and Noticing Agent Kurtzman Carson Claims Agent Attn: James Le 2335 Alaska Avenue El Segundo, CA 90245 www.kccllc.com 310-823-9000 |
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