OTELCO INC. Bankruptcy Filing
Case Number: 13-10593
OTELCO INC. filed a 11 chapter bankruptcy in the District of Delaware bankruptcy court on March 24, 2013. This is a voluntary filing; it was assigned the bankruptcy case number #13-10593.
OTELCO INC. Filing Information
The bankruptcy petition for OTELCO INC. showed assets in the range of $100MM - $500MM with liabilities in the range of $100MM - $500MM. OTELCO INC. reports that the number of creditors is in the range of 10,001-25,000.
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'.
OTELCO 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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OTELCO INC. Docket Header
MEGA, CLMSAGNT, CONFIRMED, LEAD, CLOSED |
District of Delaware (Delaware)
Bankruptcy Petition #: 13-10593-MFW
Assigned to: Mary F. Walrath Chapter 11 Voluntary Asset Debtor disposition: Discharge Not Applicable |
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| Debtor Otelco Inc. 505 Third Avenue East Oneonta, AL 35121 BLOUNT-AL Tax ID / EIN: 52-2126395 |
rep. by |
Ian J Bambrick
Young Conaway Stargatt & Taylor, LLP 1000 North King Street Wilmington, DE 19801 302-571-6600 Email: ibambrick @ ycst.com Robert S. Brady Young, Conaway, Stargatt & Taylor, LLP 1000 North King Street Wilmington, DE 19801 302-571-6600 Fax : 302-571-1253 Email: bankfilings @ ycst.com Jennifer Hardy Wilkie Farr & Gallagher LLP 787 Seventh Avenue New York, NY 10019-6099 212-728-8574 Fax : 212-728-8111 Maris J. Kandestin Young Conaway Stargatt & Taylor, LLP Rodney Square 1000 North King Street Wilmington, DE 19801 302-571-6600 Email: bankfilings @ ycst.com Edmon L. Morton Young, Conaway, Stargatt & Taylor The Brandywine Bldg. 1000 West Street, 17th Floor P.O. Box 391 Wilmington, DE 19899 usa 302 571-6600 Fax : 302-571-1253 Email: bankfilings @ ycst.com Rachel C. Strickland Willkie Farr & Gallagher LLP 787 Seventh Avenue New York, NY 10019-6099 212-728-8000 Fax : 212-728-8111 Email: rstrickland @ willkie.com Jack M Tracy, II Willkie Farr & Gallagher LLP 787 Seventh Ave. New York, NY 10019 212-728-8000 Fax : 212-728-8111 |
| U.S. Trustee United States Trustee 844 King Street, Room 2207 Lockbox #35 Wilmington, DE 19899-0035 302-573-6491 |
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| Claims Agent Kurtzman Carson Consultants LLC www.kccllc.com 2335 Alaska Ave El Segundo, CA 90245 310-823-9000 |
rep. by | Albert Kass
Kurtzman Carson Consultants, LLC 2335 Alaska Ave El Segundo, CA 90245 310-823-9000 Fax : 310-751-1549 Email: ECFpleadings @ kccllc.com |