LTL MANAGEMENT LLC Bankruptcy Filing
Case Number: 23-12825
LTL MANAGEMENT LLC filed a 11 chapter bankruptcy in the District of New Jersey bankruptcy court on April 04, 2023. This is a voluntary filing; it was assigned the bankruptcy case number #23-12825.
LTL MANAGEMENT LLC Filing Information
The bankruptcy petition for LTL MANAGEMENT LLC showed assets in the range of more than $1B with liabilities in the range of more than $1B. LTL MANAGEMENT LLC 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'.
LTL MANAGEMENT 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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LTL MANAGEMENT LLC Docket Header
Complex, CLMAGT, APPEAL, DISMISSED |
District of New Jersey (Trenton)
Bankruptcy Petition #: 23-12825-MBK
Assigned to: Chief Judge Michael B. Kaplan Chapter 11 Voluntary Asset Debtor disposition: Dismissed for Other Reason |
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| Debtor LTL Management LLC 501 George Street New Brunswick, NJ 08933 MIDDLESEX-NJ Tax ID / EIN: 87-3056622 fka Chenango One LLC |
rep. by |
Allison Meghan Brown
Skadden, Arps, Slate, Meagher & Flom LLP One Manhattan West Ste 42-216 New York, NY 10001 212-735-3222 Email: allison.brown @ skadden.com Paul R. DeFilippo Wollmuth Maher & Deutsch LLP 500 Fifth Avenue 12 FL New York, Ste 12 FL New York, NY 10110 212-382-3300 Fax : 646-403-3850 Email: pdefilippo @ wmd-law.com James N. Lawlor Wollmuth Maher & Deutsch LLP 500 Fifth Avenue Ste 12th Floor New York, NY 10110 212-382-3300 Fax : 973-741-2398 Email: jlawlor @ wmd-law.com |
| U.S. Trustee U.S. Trustee US Dept of Justice Office of the US Trustee One Newark Center Ste 2100 Newark, NJ 07102 (973) 645-3014 |
rep. by |
Lauren Bielskie
DOJ-Ust One Newark Center Suite 2100 Newark, NJ 07102 973-645-2939 Email: lauren.bielskie @ usdoj.gov Jeffrey M. Sponder Office of U.S. Trustee One Newark Center Newark, NJ 07102 973-645-2379 Email: jeffrey.m.sponder @ usdoj.gov |
| Creditor Committee Proposed Local Counsel to the Official Committee of Talc Claimants |
rep. by |
Donald W Clarke
Genova Burns LLC 110 Allen Road Ste 304 Basking Ridge, NJ 07920 973-467-2700 Email: dclarke @ genovaburns.com Daniel Stolz Genova Burns LLC 110 Allen Road Suite 304 Ste 304 Basking Ridge, NJ 07920 973-467-2700 Email: dstolz @ genovaburns.com |
| Creditor Committee Official Committee of Talc Claimants, Proposed Local Counsel to Official Committee of Talc Claimants Genova Burns LLC 110 Allen Road Suite 304 Basking Ridge, 41 07920 United States 9734672700 |
rep. by | Donald W Clarke
(See above for address) Gregory S. Kinoian Genova Burns LLC 494 Broad Street Newark, NJ 07102 973-646-3284 Fax : 973-533-1112 Email: gkinoian @ genovaburns.com Daniel Stolz (See above for address) |