NEW MEXICO MOTOR SPEEDWAY, INC. Bankruptcy Filing
Case Number: 05-14845
NEW MEXICO MOTOR SPEEDWAY, INC. filed a 11 chapter bankruptcy in the District of New Mexico bankruptcy court on June 14, 2005. This is a voluntary filing; it was assigned the bankruptcy case number #05-14845.
NEW MEXICO MOTOR SPEEDWAY, INC. Filing Information
The bankruptcy petition for NEW MEXICO MOTOR SPEEDWAY, INC. showed assets in the range of $1MM - $100MM with liabilities in the range of $1MM - $100MM. NEW MEXICO MOTOR SPEEDWAY, INC. reports that the number of creditors is in the range of 1-49.
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 MEXICO MOTOR SPEEDWAY, 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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NEW MEXICO MOTOR SPEEDWAY, INC. Docket Header
PAPER, SA |
New Mexico (Albuquerque)
Bankruptcy Petition #: 05-14845-s11
Assigned to: James S. Starzynski Chapter 11 Voluntary Asset |
Date Filed: 06/14/2005 |
| New Mexico Motor Speedway, Inc., a Corporation
5801 Mimosa Place NE Albuquerque, NM 87111 Tax id: 74-2842508 Debtor |
rep. by | George D Giddens, Jr
10400 Academy Rd NE Ste 350 Albuquerque, NM 87111-1229 505-271-1053 Fax : 505-271-4848 Email: dave @ giddenslaw.com |
| New Mexico Motor Speedway, Inc.
Tax id: 74-2842508 Appellant |
rep. by | George D Giddens, Jr
(See above for address) |
| R & B, LLC
Appellee |
rep. by | Robert H Jacobvitz
500 Marquette NW Ste 650 Albuquerque, NM 87102-5309 (505) 766-9272 Fax : (505) 766-9287 Email: rjacobvitz @ jtwlawfirm.com |
| Chaves Ranch, Inc.
Appellee fka Chaves Family Trust, Inc. |
rep. by | Robert H Jacobvitz
(See above for address) |
| Kathleen Chaves
Appellee |
rep. by | Robert H Jacobvitz
(See above for address) |
| Richard Chaves
Appellee |
rep. by | Robert H Jacobvitz
(See above for address) |
| Barbara Griffith
Appellee |
rep. by | Robert H Jacobvitz
(See above for address) |
| Mykel Hahn
Appellee |
rep. by | Robert H Jacobvitz
(See above for address) |
| Richard's Parking, Inc.
Appellee |
rep. by | Robert H Jacobvitz
(See above for address) |
| Unsecured Creditors' Committee
Appellee |
rep. by | George M Moore
Moore, Berkson & Gandarilla PO Box 216 Albuquerque, NM 87103-0216 505-242-1218 Fax : 505-242-2836 Email: mbglaw @ swcp.com |
| United States Trustee
PO Box 608 Albuquerque, NM 87103-0608 505 248-6548 Appellee |
rep. by | Leonard K Martinez-Metzgar
PO Box 608 Albuquerque, NM 87103-0608 505-248-6544 Email: leonard.martinez-metzgar @ usdoj.gov |
| United States Trustee
PO Box 608 Albuquerque, NM 87103-0608 505 248-6548 U.S. Trustee |
rep. by | Leonard K Martinez-Metzgar
(See above for address) |
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