NEWCOMM WIRELESS SERVICES, INC. Bankruptcy Filing

Case Number: 06-04755

NEWCOMM WIRELESS SERVICES, INC. filed a 11 chapter bankruptcy in the Puerto Rico bankruptcy court on November 28, 2006. This is a voluntary filing; it was assigned the bankruptcy case number #06-04755.

NEWCOMM WIRELESS SERVICES, INC. Filing Information

The bankruptcy petition for NEWCOMM WIRELESS SERVICES, INC. showed assets in the range of $100MM - $500MM with liabilities in the range of $100MM - $500MM. NEWCOMM WIRELESS SERVICES, 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'.

NEWCOMM WIRELESS SERVICES, 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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NEWCOMM WIRELESS SERVICES, INC. Docket Header

PlnDue, DsclsDue, CONFIRMED




U.S. Bankruptcy Court
District of Puerto Rico (Old San Juan)
Bankruptcy Petition #: 06-04755-ESL11

Assigned to: Bankruptcy Judge ENRIQUE S. LAMOUTTE INCLAN
Chapter 11
Voluntary
Asset


Date filed:  11/28/2006

Debtor
NEWCOMM WIRELESS SERVICES INC
PO BOX 71569
SAN JUAN, PR 00936
Tax ID / EIN: 66-0564599
aka
MOVISTAR
aka
NEWCOMM WIRELESS PUERTO RICO
aka
MOVISTAR PUERTO RICO
aka
NEWCOMM WIRELESS SERVICES
aka
NEWCOMM
aka
NEWCOMM WIRELESS SERVICES CORPORATION
aka
NEWCOMM WIRELESS

rep. by CARMEN D CONDE TORRES
254 SAN JOSE STREET
5TH FLOOR
SAN JUAN, PR 00901-1523
787-729-2900
Fax : 787-729-2203
Email:
notices @ condelaw.com

HOLLY S FALKOWITZ
SONNENSCHEIN NATH & ROSENTHAL
1221 AVENUE OF THE AMERICAS
NEW YORK, NY 10020
212-768-6700
Email:
hfalkowitz @ sonnenschein.com

MARK A FINK
SONNENSCHEIN NATH & ROSENTHAL
1221 AVENUE OF THE AMERICAS
NEW YORK, NY 10020
212-768-6700
Email:
mfink @ sonnenschein.com
TERMINATED: 02/10/2009

OSCAR N PINKAS
1221 AVENUE OF THE AMERICAS
NEW YORK, NY 10020
Email:
opinkas @ sonnenschein.com

PETER D WOLFSON
SONNENSCHEIN NATH & ROSENTHAL
1221 AVENUE OF THE AMERICAS
NEW YORK, NY 10020
212-768-6700
Email:
pwolfson @ sonnenschein.com

ROBERT E RICHARDS
SONNENSCHEIN NATH & ROSENTHAL
1221 AVENUE OF THE AMERICAS
NEW YORK, NY 10020
212-768-6700
Email:
rrichards @ sonnenschein.com

SARIT ZEEVI
254 San Jose Street
Suite 5
San Juan, PR 00901-1523
787-729-2900
Fax : 787-729-2203
Email:
notices @ condelaw.com

U.S. Trustee
MONSITA LECAROZ ARRIBAS
OFFICE OF THE US TRUSTEE (UST)
OCHOA BUILDING
500 TANCA STREET SUITE 301
SAN JUAN, PR 00901

   
U.S. Trustee
US TRUSTEE
EDIFICIO OCHOA
500 TANCA STREET SUITE 301
SAN JUAN, PR 00901-1922

   
Creditor Committee
UNSECURED CREDITORS' COMMITTEE
BANCO POPULAR CENTER, SUITE 1133
209 MUNOZ RIVERA AVE.
SAN JUAN, PR 00918
787-765-2988
rep. by Lori Virginia Vaughan
90 Park Avenue
37th floor
New York, NY 10016
(212) 682-7474
Email:
lvaughan @ foley.com

MARK J WOLFSON
FOLEY AND LARDNER LLP
100 NORTH TAMPA STREET
SUITE 2700
TAMPA, FL 33602
813-225-4119
Fax : 813-221-4210
Email:
mwolfson @ foley.com

MILDRED CABAN
American International Plaza
14th Floor
HATO REY, PR 00918
787 759-4213
Email:
mcaban @ gaclaw.com

SERGIO A. RAMIREZ DE ARELLANO
SERGIO RAMIREZ DE ARRELANO LAW OFFI
BANCO POPULAR CENTER
11TH FLOOR SUITE 1133
209 MUNOZ RIVERA AVENUE
SAN JUAN, PR 00918-1009
787 765-2988
Email:
sramirez @ sarlaw.com
TERMINATED: 01/04/2007

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