MOUNT REAL CORPORATION Bankruptcy Filing
Case Number: 06-41636
MOUNT REAL CORPORATION filed a 15 chapter bankruptcy in the District of Minnesota bankruptcy court on August 09, 2006. This is a voluntary filing; it was assigned the bankruptcy case number #06-41636.
MOUNT REAL CORPORATION Filing Information
The bankruptcy petition for MOUNT REAL CORPORATION showed assets in the range of $100MM - $500MM with liabilities in the range of $100MM - $500MM. MOUNT REAL CORPORATION reports that the number of creditors is in the range of 1,000-5,000.
The debtor indicated their nature of business as Unknown. 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'.
MOUNT REAL CORPORATION 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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MOUNT REAL CORPORATION Docket Header
CLOSED |
District of Minnesota (Minneapolis)
Bankruptcy Petition #: 06-41636
Assigned to: Judge Robert J Kressel Chapter 15 Voluntary Unknown assets Debtor disposition: Discharge Not Applicable |
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| Debtor MOUNT REAL CORPORATION, MRACS MANAGEMENT LTD., REAL VEST INVESTMENT LTD., REAL ASSURANCE ACCEPTANCE CORPORATION c/o RAYMOND CHABOT INC. 600, DE LA GAUCHETIERE STREET WEST SUITE 1900 MONTREAL H3B 4L8 OUTSIDE U. S. (QUEBEC) CANADA aka MOUNT REAL ACCEPTANCE CORPORATION aka MOUNT REAL ASSURANCE ACCEPTANCE CORPORATION |
rep. by |
Monica L. Clark
Dorsey & Whitney LLP 50 South Sixth Street Suite 1500 Minneapolis, MN 55402-1498 612-340-5647 Fax : 612-340-2868 Email: clark.monica @ dorsey.com John C. Thomas FOLEY & MANSFIELD 250 Marquette Avenue Suite1200 Minneapolis, MN 55401 612-216-0366 Email: jcthomas @ foleymansfield.com TERMINATED: 03/31/2009 |
| Foreign Representative JEAN ROBILLARD PRESIDENT RAYMOND CHABOT INC. 600, DE LA GAUCHETIERE STREET WEST SUITE 1900 MONTREAL H3B 4L8 (QUEBEC) CANADA |
rep. by |
Monica L. Clark
(See above for address) John C. Thomas (See above for address) TERMINATED: 03/31/2009 |
| Foreign Representative Raymond Chabot Inc. 600 de la Gauchetiere West, suite 1900 Montreal H3B 4L8 (QUEBEC) CANADA |
rep. by |
Monica L. Clark
(See above for address) |
| U.S. Trustee US Trustee 1015 US Courthouse 300 S 4th St Minneapolis, MN 55415 612-334-1350 |