MOTIENT VENTURES HOLDING INC. Bankruptcy Filing

Filing Information

MOTIENT VENTURES HOLDING INC. filed a 11 chapter bankruptcy in the Southern District of New York bankruptcy court on October 19, 2010. This is a voluntary filing; it was assigned the bankruptcy case number #10-15458.

MOTIENT VENTURES HOLDING INC. Bankruptcy Information

The bankruptcy petition for MOTIENT VENTURES HOLDING INC. showed assets in the range of more than $1B with liabilities in the range of $10MM - $50MM. MOTIENT VENTURES HOLDING INC. 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 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'.

MOTIENT VENTURES HOLDING INC. 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.

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MOTIENT VENTURES HOLDING INC. Bankruptcy Docket Header

MEGA, CLMAGT, JtAdm




U.S. Bankruptcy Court
Southern District of New York (Manhattan)
Bankruptcy Petition #: 10-15458-shl

Assigned to: Judge Sean H. Lane
Chapter 11
Voluntary
Asset
Show Associated Cases
Date filed:  10/19/2010

Debtor
Motient Ventures Holding Inc.
12010 Sunset Hills Road
6th Floor
Reston, VA 20190
Tax ID / EIN: 54-2056191

 rep. by Ira S. Dizengoff
Akin, Gump, Strauss, Hauer & Feld, LLP
One Bryant Park
New York, NY 10036
(212) 872-1000
Fax : (212) 872-1002
Email:
idizengoff @ akingump.com

U.S. Trustee
United States Trustee
33 Whitehall Street
21st Floor
New York, NY 10004
(212) 510-0500

    
Claims and Noticing Agent
The Garden City Group, Inc.
105 Maxess Road
Melville, NY 11747-3836
(631) 470-5000 		   

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