METROPOLITAN COOPERATIVE ASSOCIATION Bankruptcy Filing

Case Number: 08-00527

METROPOLITAN COOPERATIVE ASSOCIATION filed a 11 chapter bankruptcy in the District of Columbia bankruptcy court on August 05, 2008. This is a voluntary filing; it was assigned the bankruptcy case number #08-00527.

METROPOLITAN COOPERATIVE ASSOCIATION Filing Information

The bankruptcy petition for METROPOLITAN COOPERATIVE ASSOCIATION showed assets in the range of $1MM - $100MM with liabilities in the range of $1MM - $100MM. METROPOLITAN COOPERATIVE ASSOCIATION reports that the number of creditors is in the range of 1-49.

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'.

METROPOLITAN COOPERATIVE ASSOCIATION 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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METROPOLITAN COOPERATIVE ASSOCIATION Docket Header


Assigned to: Bankruptcy Judge S. Martin Teel, Jr.
Chapter 11
Voluntary
Asset


Date filed:  08/05/2008

Debtor In Possession
Metropolitan Cooperative Association
200 Rhode Island Avenue, NE, Unit 102
Washington, DC 20002
Tax ID / EIN: 20-6911991

rep. by Jeffrey M. Sherman
SEMMES, BOWEN & SEMMES
1001 Connecticut Avenue
Suite 1100
Washington, DC 20036
202-822-8250
Fax : (202) 293-2649
Email:
jsherman @ semmes.com
TERMINATED: 09/02/2008

Nelson C. Cohen
Zuckerman Spaeder LLP
1800 M Street, N.W.
Suite 1000
Washington, DC 20036-5802
202-778-1800
Fax : 202-822-8106
Email:
ncohen @ zuckerman.com

William C. Johnson, Jr.
Bynum Johnson, PLLC
1229 15th St. NW
Washington, DC 20005
(202) 483-0808
Fax : (202) 483-0909
Email:
wjohnson @ dcmdconsumerlaw.com

Trustee
Nelson C. Cohen
1800 M Street NW
Suite 1000
Washington, DC 20036

rep. by Nelson C. Cohen
(See above for address)

U.S. Trustee
U. S. Trustee for Region Four, 11
U. S. Trustee's Office
115 South Union St
Suite 210 Plaza Level
Alexandria, VA 22314
703-557-7183
rep. by Martha L. Davis
Office of the U. S. Trustee
115 S. Union Street
Suite 210
Alexandria, VA 22314
703-557-7180
Email:
Martha.Davis @ usdoj.gov

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