NC DITCH COMPANY LLC Bankruptcy Filing
Case Number: 24-50568
NC DITCH COMPANY LLC filed a 11 chapter bankruptcy in the District of Nevada bankruptcy court on June 10, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-50568.
NC DITCH COMPANY LLC Filing Information
A bankruptcy filing has been made by NC DITCH COMPANY LLC, a Nevada-based corporation, on June 10, 2024. The company has filed for Chapter 11 bankruptcy under case number 24-50568 with the United States Bankruptcy Court in Nevada. According to court records, the debtor's address is listed as 61 E. Purler Lane, P.O. Box 1640, Yerington NV. This marks a significant development for NC DITCH COMPANY LLC, which will likely require the company to restructure its debts and develop a plan to return to financial stability under the guidance of Judge HILARY L. BARNES. The Chapter 11 bankruptcy filing is a common approach for businesses seeking to reorganize their debt obligations without liquidating their assets. As the court proceedings unfold, it remains to be seen how NC DITCH COMPANY LLC will navigate this process and emerge from bankruptcy in a successful manner.
NC DITCH COMPANY 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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NC DITCH COMPANY LLC Docket Header
PlnDue, BAPCPA |
District of Nevada (Reno)
Bankruptcy Petition #: 24-50568
Assigned to: Chapter 11 Voluntary Asset |
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Debtor NC DITCH COMPANY LLC 61 E. PURSEL LANE P.O. BOX 1640 YERINGTON, NV 89447 LYON-NV 702-873-4100 |
rep. by |
RYAN J. WORKS
MCDONALD CARANO WILSON LLP 2300 W. SAHARA AVE., SUITE 1200 LAS VEGAS, NV 89102 (702) 873-4100 Fax : (702) 873-9966 Email: rworks @ mcdonaldcarano.com |
U.S. Trustee U.S. TRUSTEE - RN - 11 300 BOOTH STREET, STE 3009 RENO, NV 89509 |