LEE CONSOLIDATED HOLDINGS CO. Bankruptcy Filing
Case Number: 11-13924
LEE CONSOLIDATED HOLDINGS CO. filed a 11 chapter bankruptcy in the District of Delaware bankruptcy court on December 12, 2011. This is a voluntary filing; it was assigned the bankruptcy case number #11-13924.
LEE CONSOLIDATED HOLDINGS CO. Filing Information
The bankruptcy petition for LEE CONSOLIDATED HOLDINGS CO. showed assets in the range of $500MM - $1B with liabilities in the range of $500MM - $1B. LEE CONSOLIDATED HOLDINGS CO. reports that the number of creditors is in the range of 50,001-100,000.
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'.
LEE CONSOLIDATED HOLDINGS CO. 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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LEE CONSOLIDATED HOLDINGS CO. Docket Header
JNTADMN, CLOSED |
District of Delaware (Delaware)
Bankruptcy Petition #: 11-13924-KG
Assigned to: Kevin Gross Chapter 11 Voluntary Asset Debtor disposition: Discharge Not Applicable |
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Debtor Lee Consolidated Holdings Co. 507 Main Street Rapid City, SD 57709 PENNINGTON-SD Tax ID / EIN: 42-1352158 aka meadecountrytimes.com aka spearfishcommunity.com aka whitewoodcommunity.com aka deadwoodcommunity.com aka sdwheelsforyou.com aka Belle Forche Post aka Butte County Post aka Belle Fourch Bee aka tri-stateneighbor.com aka Black Hills Weekly aka bellefourchecommunity.com aka sturgislinks.com aka hotspringsstar.com aka rapidcityjournal.com aka Rapid City Journal aka Chadron Record aka southdakotawheelsforyou.com aka sturgiscommunity.com aka tristateneighbor.com aka saintongecommunity.com aka rapidcitywheelsforyou.com aka Butte County Valley Irrigator aka bismarcktribune.com |
rep. by |
Edmon L. Morton
Young, Conaway, Stargatt & Taylor The Brandywine Bldg. 1000 West Street, 17th Floor P.O. Box 391 Wilmington, DE 19899 usa 302 571-6600 Fax : 302-571-1253 Email: bankfilings @ ycst.com Robert S. Brady Young Conaway Stargatt & Taylor LLP 1000 West Street 17th Floor Wilmington, DE 19801 302-571-6600 Email: rbrady @ ycst.com |
U.S. Trustee United States Trustee 844 King Street, Room 2207 Lockbox #35 Wilmington, DE 19899-0035 302-573-6491 |
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Claims Agent The Garden City Group, Inc. 1985 Marcus Avenue, Ste. 200 Lake Success, NY 11042 631-470-5000 |