METRO MATTRESS CORP. Bankruptcy Filing

Case Number: 24-30773

METRO MATTRESS CORP. filed a 11 chapter bankruptcy in the Northern District of New York bankruptcy court on September 04, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-30773.

METRO MATTRESS CORP. Filing Information

METRO MATTRESS CORP., a New York-based corporation, has filed for Chapter 11 bankruptcy. The company's bankruptcy filing, dated September 4, 2024, case number 24-30773, marks the beginning of a process aimed at restructuring its debts and emerging from financial distress. Led by Judge Wendy A. Kinsella in the New York Northern court, METRO MATTRESS CORP. is seeking to reorganize its operations under Chapter 11 bankruptcy laws, which provide a framework for companies to manage their debts and develop a plan to repay creditors. As the case unfolds, the company's management team will work closely with its creditors to create a plan that balances debt repayment with business sustainability. With a filing address of 3545 John Glenn Boulevard, Syracuse, NY, METRO MATTRESS CORP.'s Chapter 11 bankruptcy is a significant development in the company's financial history, and its outcome will be closely watched by stakeholders and industry observers alike.

METRO MATTRESS CORP. 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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METRO MATTRESS CORP. Docket Header

DsclsDue, PlnDue, ProHacVice, EXTTM




U.S. Bankruptcy Court
Northern District of New York (Syracuse)
Bankruptcy Petition #: 24-30773-5-wak

Assigned to: Wendy A. Kinsella
Chapter 11
Voluntary
Asset

Date filed:  09/04/2024
341 meeting:  11/06/2024
Deadline for filing claims:  11/13/2024
Deadline for filing claims (govt.):  03/03/2025

Debtor
Metro Mattress Corp.
3545 John Glenn Boulevard
Syracuse, NY 13209
ONONDAGA-NY
Tax ID / EIN: 52-1647690

rep. by Jeffrey A. Dove
Barclay Damon LLP
125 East Jefferson Street
Syracuse, NY 13202
315-413-7112
Fax : 315-703-7346
Email:
 jdove @ barclaydamon.com

U.S. Trustee
U.S. Trustee
U.S. Trustee Office
10 Broad Street,
Room 105
Utica, NY 13501
(315)793-8191*

   
Cred. Comm. Chair
Official committee of Unsecured Creditors
c/o Platzer, Swergold et al
475 Park Avenue South, 18th Floor
Attn: Clifford A. Katz
New York, NY 10016
United States
2125933000
rep. by Clifford Katz
Goetz Platzer LLP
One Penn Plaza, Suite 3100
New York, NY 10119
212-593-3000
Fax : 212-593-0353
Email:
 ckatz @ platzerlaw.com

Teresa Sadutto-Carley
Goetz Platzer LLP
One Penn Plaza, 31st Floor
New York, NY 10119
212-593-3000
Email:
 tsadutto @ platzerlaw.com

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