NAKNEK ELECTRIC ASSOCIATION, INC. Bankruptcy Filing
Case Number: 10-00824
NAKNEK ELECTRIC ASSOCIATION, INC. filed a 11 chapter bankruptcy in the District of Alaska bankruptcy court on September 29, 2010. This is a voluntary filing; it was assigned the bankruptcy case number #10-00824.
NAKNEK ELECTRIC ASSOCIATION, INC. Filing Information
The bankruptcy petition for NAKNEK ELECTRIC ASSOCIATION, INC. showed assets in the range of $10MM - $50MM with liabilities in the range of $10MM - $50MM. NAKNEK ELECTRIC ASSOCIATION, INC. reports that the number of creditors is in the range of 50-99.
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'.
NAKNEK ELECTRIC ASSOCIATION, 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. This is a bad sign for creditors as it implies that no recovery is likely.
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NAKNEK ELECTRIC ASSOCIATION, INC. Docket Header
Efiled, 341concluded, OSL |
Alaska (Anchorage)
Bankruptcy Petition #: 10-00824
Assigned to: Donald MacDonald IV Chapter 11 Voluntary Asset |
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| Debtor Naknek Electric Association, Inc. 101 School Rd Naknek, AK 99633 BRISTOL BAY BOROUGH-AK Tax ID / EIN: 92-0027674 |
rep. by |
Andy Leman
Kemppel Huffman & Ellis, PC 255 E. Fireweed Lane, Suite 200 Anchorage, AK 99503 Erik LeRoy 500 L Street, Suite 302 Anchorage, AK 99501 (907) 277-2006 Email: leroy @ alaska.com |
| U.S. Trustee U.S. Trustee's Office 605 West 4th Avenue, Suite 258 Anchorage, AK 99501-2252 (907) 271-2600 |
rep. by |
Kay (UST) Hill
OFFICE OF THE U.S. TRUSTEE 605 West 4th Avenue, Suite 258 Anchorage, AK 99501 (907)271-2600 Email: Kay.Hill @ usdoj.gov |
| Creditor Committee Equity Security Holders Committee |
rep. by | David H. Bundy
David H. Bundy, PC 310 K Street, Suite 200 Anchorage, AK 99501 (907)248-8431 Fax : (907)248-8434 Email: dhb @ alaska.net |