MAGNETATION LLC Bankruptcy Filing

Filing Information

MAGNETATION LLC filed a 11 chapter bankruptcy in the District of Minnesota bankruptcy court on May 05, 2015. This is a voluntary filing; it was assigned the bankruptcy case number #15-50307.

MAGNETATION LLC Bankruptcy Information

The bankruptcy petition for MAGNETATION LLC showed assets in the range of $100MM - $500MM with liabilities in the range of $500MM - $1B. MAGNETATION LLC 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 options for nature of business in bankruptcies are rather limited and archaic. They include 'Health Care Business', 'Single Asset Real Estate', 'Railroad', 'Stockbroker', 'Commodity Broker', 'Clearing Bank', or 'None of the Above'.

MAGNETATION LLC indicated on its bankruptcy petition that it expects there will be sufficient assets in the estate to make a payment to the unsecured creditors.

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MAGNETATION LLC Bankruptcy Docket Header


Assigned to: Chief Judge Gregory F Kishel
Chapter 11
Voluntary
Asset
Date filed:  05/05/2015
Deadline for filing claims (govt.):  11/02/2015

Debtor
Magnetation LLC
102 NE Third Street
Grand Rapids, MN 55744
ITASCA-MN
Tax ID / EIN: 27-2911462

 rep. by James C. Brand
Fredrikson & Byron PA
200 S Sixth Ste 4000
Minneapolis, MN 55402-1425
612-492-7408
Email:
 jbrand @ fredlaw.com

Clinton E. Cutler
Fredrikson & Byron, P.A.
200 South Sixth Street
Ste 4000
Minneapolis, MN 55402
612-492-7070
Email:
 ccutler @ fredlaw.com

Sarah M Olson
Fredrikson & Bryon P A
200 S 6th St
Ste 4000
Minneapolis, MN 55402
612-492-7452
Email:
 solson @ fredlaw.com

U.S. Trustee
US Trustee
1015 US Courthouse
300 S 4th St
Minneapolis, MN 55415
612-334-1350 		rep. by Sarah J Wencil
US Trustee Office
Suite 1015 U.S. Courthouse
300 South Fourth Street
Minneapolis, MN 55415
612-334-1350
Fax : 612-334-4032
Email:
 Sarah.J.Wencil @ usdoj.gov

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