ON POINT DIRECTIONAL DRILLING AND TRENCHING LLC Bankruptcy Filing
Case Number: 24-12506
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ON POINT DIRECTIONAL DRILLING AND TRENCHING LLC filed a 11 chapter bankruptcy in the Eastern District of Arkansas bankruptcy court on July 31, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-12506.
ON POINT DIRECTIONAL DRILLING AND TRENCHING LLC Filing Information
ON POINT DIRECTIONAL DRILLING AND TRENCHING LLC filed for Chapter 11 bankruptcy on July 31, 2024, marking a significant development for the corporation. The company's decision to seek bankruptcy protection under case number 24-12506 will likely have far-reaching implications for its operations and stakeholders. As a corporation, ON POINT DIRECTIONAL DRILLING AND TRENCHING LLC is required to navigate the complex process of reorganizing its debt and restructuring its finances in accordance with bankruptcy laws. The Arkansas Eastern Court has jurisdiction over this case, providing a clear framework for the company's efforts to address its financial challenges. The filing comes at a critical juncture, as the company seeks to restructure its debts and emerge from bankruptcy, subject to the oversight of the court and adherence to bankruptcy regulations.
ON POINT DIRECTIONAL DRILLING AND TRENCHING 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.
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ON POINT DIRECTIONAL DRILLING AND TRENCHING LLC Docket Header
Assigned to: Chapter 11 Voluntary Asset |
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| Debtor On Point Directional Drilling and Trenching LLC POB 16652 Jonesboro, AR 72403 CRAIGHEAD-AR Tax ID / EIN: 82-4277758 |
rep. by |
Kevin P. Keech
KEECH LAW FIRM, PA 2011 S. Broadway St. Little Rock, AR 72206 (501)221-3200 Fax : (501)221-3201 Email: kkeech @ keechlawfirm.com |
| U.S. Trustee U.S. Trustee (ust) Office Of U. S. Trustee 200 W Capitol, Ste. 1200 Little Rock, AR 72201 501-324-7357 |