NEWAGE, INC. Bankruptcy Filing
Case Number: 22-10819
NEWAGE, INC. filed a 11 chapter bankruptcy in the District of Delaware bankruptcy court on August 30, 2022. This is a voluntary filing; it was assigned the bankruptcy case number #22-10819.
NEWAGE, INC. Filing Information
The bankruptcy petition for NEWAGE, INC. showed assets in the range of $100MM - $500MM with liabilities in the range of $100MM - $500MM. NEWAGE, INC. reports that the number of creditors is in the range of 1,000-5,000.
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'.
NEWAGE, 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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NEWAGE, INC. Docket Header
STANDOrder, CLMSAGNT, LEAD, MEGA, CONFIRMED |
District of Delaware (Delaware)
Bankruptcy Petition #: 22-10819-LSS
Assigned to: Laurie Selber Silverstein Chapter 11 Voluntary Asset Debtor disposition: Dismissed for Other Reason |
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| Debtor NewAge, Inc. 7158 S. FLSmidth Dr. Suite 250 Midvale, UT 84047 SALT LAKE-UT Tax ID / EIN: 27-2432263 fka American Brewing Company, Inc. fka New Age Beverages Corporation fka Bucha, Inc. |
rep. by |
Anthony W. Clark
Greenberg Traurig, LLP 1007 North Orange Street Suite 1200 Wilmington, DE 19801 302-661-7345 Email: Anthony.Clark @ gtlaw.com Alison Elko Franklin Greenberg Traurig, LLP 3333 Piedmont Road, NE Suite 2500 Atlanta, GA 30305 678-553-7345 Email: Alison.Franklin @ gtlaw.com Carson Heninger Greenberg Traurig LLP 222 South Main Street Suite 1730 Salt Lake City, UT 84101 801-478-6914 Email: Carson.Heninger @ gtlaw.com Peggy Hunt Greenberg Traurig LLP 222 South Main Street Suite 1730 Salt Lake City, UT 84101 TERMINATED: 03/08/2023 Annette W. Jarvis 222 South Main Street Suite 1730 Salt Lake City, UT 84101 Email: jarvisa @ gtlaw.com Dennis A. Meloro Greenberg Traurig, P.A 222 Delaware Avenue Suite 1600 Wilmington, DE 19801 302-661-7000 Email: melorod @ gtlaw.com Michael F. Thomson Greenberg Traurig, LLP 222 South Main Street Suite 1730 Salt Lake City, UH 84101 Email: thomsonm @ gtlaw.com |
| Trustee Steven Balasiano |
rep. by |
Justin R. Alberto
Cole Schotz P.C. 500 Delaware Avenue Suite 1410 Wilmington, DE 19801 302-651-2006 Fax : 302-574-2106 Email: jalberto @ coleschotz.com Sarah A. Carnes Cole Schotz P.C. 1325 Avenue of the Americas 19th Floor New York, NY 10019 (212) 752-8000 Email: scarnes @ coleschotz.com Jack M. Dougherty Cole Schotz P.C. 500 Delaware Avenue Suite 1410 Wilmington, DE 19801 302-652-3131 Fax : 302-652-3117 Email: jdougherty @ coleschotz.com Seth Van Aalten Cole Schotz, P.C. 1325 Avenue of the Americas 19th Floor New York, NY 10019 Email: svanaalten @ coleschotz.com |
| U.S. Trustee U.S. Trustee Office of the United States Trustee J. Caleb Boggs Federal Building 844 King Street, Suite 2207 Lockbox 35 Wilmington, DE 19801 (302)-573-6491 |
rep. by |
John Henry Schanne, II
Office of the United States Trustee U. S. Department of Justice 844 King Street, Suite 2207 Lockbox #35 Wilmington, DE 19801 302-573-6491 Fax : 302-573-6497 Email: john.schanne @ usdoj.gov |
| Claims Agent Stretto www.stretto.com 410 Exchange, Ste 100 Irvine, CA 92602 855-812-6112 |
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| Transcriber Reliable Companies Attn: Gene Matthews 1007 North Orange Street Suite 110 Wilmington, DE 19801 302-654-8080 |
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| Creditor Committee Official Committee of Unsecured Creditors |
rep. by | Justin R. Alberto
(See above for address) Sarah A. Carnes (See above for address) Jack M. Dougherty (See above for address) Peter J Strom Cole Schotz P.C 1325 Avenue of the Americas 19th Floor New York, NY 10019 212-752-8000 Fax : 212-752-8393 Email: pstrom @ coleschotz.com Warren A. Usatine Cole Schotz P.C. 25 Main Street P.O. Box 800 Hackensack, NJ 07602 (201) 489-3000 Fax : (201) 489-1536 Email: wusatine @ coleschotz.com Seth Van Aalten (See above for address) |