NEVADA COPPER, INC. Bankruptcy Filing
Case Number: 24-50566
NEVADA COPPER, INC. 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 #24-50566.
NEVADA COPPER, INC. Filing Information
Nevada Copper Inc., a corporation based at 61 E. Purcel Lane, P.O. Box 1640, Yerington, NV, filed for Chapter 11 bankruptcy on June 10, 2024, as indicated by case number 24-50566 in the Nevada court. This move marks a significant development for the company, which is facing financial challenges. By seeking protection under federal bankruptcy laws, Nevada Copper Inc. aims to restructure its debt and emerge stronger. As a Chapter 11 case, the company will work with its creditors and other stakeholders to develop a plan to repay debts and reduce its liabilities. The bankruptcy filing comes at a critical juncture for the company's operations and future prospects, and it remains to be seen how this restructuring process will unfold.
NEVADA COPPER, 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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NEVADA COPPER, INC. Docket Header
PlnDue, BAPCPA |
District of Nevada (Reno)
Bankruptcy Petition #: 24-50566
Assigned to: Chapter 11 Voluntary Asset |
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| Debtor NEVADA COPPER, INC. 61 E. PURSEL LANE P.O. BOX 1640 YERINGTON, NV 89447 LYON-NV 702-873-4100 Tax ID / EIN: 20-4671157 |
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 Ryan J Works McDonald Carano LLP 2300 West Sahara Avenue, Suite 1200 Las Vegas, NV 89102 7028734100 Email: rworks @ mcdonaldcarano.com |
| U.S. Trustee U.S. TRUSTEE - RN - 11 300 BOOTH STREET, STE 3009 RENO, NV 89509 |