NEWSAT LIMITED Bankruptcy Filing
Case Number: 15-10810
NEWSAT LIMITED filed a 15 chapter bankruptcy in the District of Delaware bankruptcy court on April 16, 2015. This is a voluntary filing; it was assigned the bankruptcy case number #15-10810.
NEWSAT LIMITED Filing Information
The bankruptcy petition for NEWSAT LIMITED showed assets in the range of $500MM - $1B with liabilities in the range of $100MM - $500MM. NEWSAT LIMITED 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'.
NEWSAT LIMITED 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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NEWSAT LIMITED Docket Header
LEAD, MEGA, SealedDoc(s) |
District of Delaware (Delaware)
Bankruptcy Petition #: 15-10810-LSS
Assigned to: Laurie Selber Silverstein Chapter 15 Voluntary Asset |
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Debtor NewSat Limited Level 4 Riverside Quay Southbank Melbourne Victoria OUTSIDE U. S. Australia Tax ID / EIN: 00-0000000 |
rep. by |
Joseph M. Barry
Young, Conaway, Stargatt & Taylor 1000 North King Street Wilmington, DE 19801 302-571-6600 Email: bankfilings @ ycst.com Ken Coleman Allen & Overy 1221 Avenue of the Americas New York, NY 10020 212-610-6300 Fax : 212-610-6399 Laura Hall Allen & Overy LLP 1221 Avenue of the Americas New York, NY 10020 212-610-6300 Mark Nixdorf Allen & Overy 1221 Avenue of the Americas New York, NY 10020 212-610-6300 Fax : 212-610-6399 Email: mark.nixdorf @ allenovery.com |
Foreign Representative Stephen James Parbery and Marcus William Ayres, PPB Advisory, Administrators OUTSIDE U. S. |
rep. by |
Joseph M. Barry
(See above for address) |
U.S. Trustee United States Trustee 844 King Street, Room 2207 Lockbox #35 Wilmington, DE 19899-0035 302-573-6491 |
rep. by | Timothy Jay Fox, Jr.
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: timothy.fox @ usdoj.gov |