NEW COLONY LAND COMPANY, LLC Bankruptcy Filing
Case Number: 13-11773
NEW COLONY LAND COMPANY, LLC filed a 11 chapter bankruptcy in the District of Delaware bankruptcy court on July 15, 2013. This is a voluntary filing; it was assigned the bankruptcy case number #13-11773.
NEW COLONY LAND COMPANY, LLC Filing Information
The bankruptcy petition for NEW COLONY LAND COMPANY, LLC showed assets in the range of $100MM - $500MM with liabilities in the range of $50MM - $100MM. NEW COLONY LAND COMPANY, LLC reports that the number of creditors is in the range of 200-999.
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'.
NEW COLONY LAND 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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NEW COLONY LAND COMPANY, LLC Docket Header
JNTADMN |
District of Delaware (Delaware)
Bankruptcy Petition #: 13-11773-BLS
Assigned to: Brendan Linehan Shannon Chapter 11 Voluntary Asset |
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| Debtor New Colony Land Company, LLC 510 South 17th Street Suite 104 Ames, IA 50010 STORY-IA Tax ID / EIN: 62-1865834 |
rep. by |
Donald J. Bowman, Jr.
Young, Conaway, Stargatt & Taylor 1000 North King Street Wilmington, DE 19801 302-571-6600 Email: bankfilings @ ycst.com Robert S. Brady Young, Conaway, Stargatt & Taylor, LLP 1000 North King Street Wilmington, DE 19801 302-571-6600 Fax : 302-571-1253 Email: bankfilings @ ycst.com |
| U.S. Trustee United States Trustee 844 King Street, Room 2207 Lockbox #35 Wilmington, DE 19899-0035 302-573-6491 |
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| Claims Agent BMC Group, Inc. www.bmcgroup.com Attn: Claims & Noticing Agent 18675 Lake Drive East Chanhassen, MN 55317 (888) 909-0100 |