MULTIMODAL TECHNOLOGIES, LLC Bankruptcy Filing
Case Number: 14-10704
MULTIMODAL TECHNOLOGIES, LLC filed a 11 chapter bankruptcy in the Southern District of New York bankruptcy court on March 20, 2014. This is a voluntary filing; it was assigned the bankruptcy case number #14-10704.
MULTIMODAL TECHNOLOGIES, LLC Filing Information
The bankruptcy petition for MULTIMODAL TECHNOLOGIES, LLC showed assets in the range of $500MM - $1B with liabilities in the range of $500MM - $1B. MULTIMODAL TECHNOLOGIES, LLC reports that the number of creditors is in the range of 10,001-25,000.
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'.
MULTIMODAL TECHNOLOGIES, LLC 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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MULTIMODAL TECHNOLOGIES, LLC Docket Header
MEGA, JtAdm, CLMAGT, CLOSED |
Southern District of New York (Manhattan)
Bankruptcy Petition #: 14-10704-rg
Assigned to: Judge Robert E. Grossman Chapter 11 Voluntary Asset Debtor disposition: Discharge Not Applicable |
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| Debtor Multimodal Technologies, LLC 1710 Murray Avenue Suite 2 Pittsburgh, PA 15217 ALLEGHENY-PA Tax ID / EIN: 45-2712076 aka Multimodal Technologies Inc. aka Miami Acquisition LLC |
rep. by |
Shmuel Vasser
Dechert LLP 1095 Avenue of the Americas New York, NY 10036-6797 (212) 698-3500 Fax : (212) 698-3599 Email: shmuel.vasser @ dechert.com |
| U.S. Trustee United States Trustee Office of the United States Trustee U.S. Federal Office Building 201 Varick Street, Room 1006 New York, NY 10014 (212) 510-0500 |
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| Claims and Noticing Agent Prime Clerk LLC Claims Agent Attn: Shai Y. Waisman 830 3rd Avenue, 9th Floor New York, NY 10022 (212) 257-5450 |