LEE PROCUREMENT SOLUTIONS CO. Bankruptcy Filing
Case Number: 11-13925
LEE PROCUREMENT SOLUTIONS 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 #11-13925.
LEE PROCUREMENT SOLUTIONS CO. Filing Information
The bankruptcy petition for LEE PROCUREMENT SOLUTIONS CO. showed assets in the range of $100MM - $500MM with liabilities in the range of $500MM - $1B. LEE PROCUREMENT SOLUTIONS 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 PROCUREMENT SOLUTIONS 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 PROCUREMENT SOLUTIONS CO. Docket Header
JNTADMN, CLOSED |
District of Delaware (Delaware)
Bankruptcy Petition #: 11-13925-KG
Assigned to: Kevin Gross Chapter 11 Voluntary Asset Debtor disposition: Discharge Not Applicable |
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| Debtor Lee Procurement Solutions Co. 201 N. Harrison Street Suite 600 Davenport, IA 52801 SCOTT-IA Tax ID / EIN: 42-0996292 aka Lee Technical Systems, Inc. |
rep. by |
Robert S. Brady
Young, Conaway, Stargatt & Taylor 1000 North King Street Wilmington, DE 19801 usa 302-571-6600 Fax : 302-571-1253 Email: bankfilings @ 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 |