PIETZ FEEDLOT, INC. Bankruptcy Filing

Case Number: 06-10094

PIETZ FEEDLOT, INC. filed a 11 chapter bankruptcy in the District of South Dakota bankruptcy court on October 05, 2006. This is a voluntary filing; it was assigned the bankruptcy case number #06-10094.

PIETZ FEEDLOT, INC. Filing Information

The bankruptcy petition for PIETZ FEEDLOT, INC. showed assets in the range of $1MM - $100MM with liabilities in the range of $1MM - $100MM. PIETZ FEEDLOT, 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'.

PIETZ FEEDLOT, 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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PIETZ FEEDLOT, INC. Docket Header

NTCAPR




U.S. Bankruptcy Court
South Dakota (Northern (Aberdeen))
Bankruptcy Petition #: 06-10094

Assigned to: Charles L. Nail, Jr.
Chapter 11
Voluntary
Asset
 
Date Filed: 10/05/2006

Debtor
Pietz Feedlot, Inc.
14285 342nd Avenue
Roscoe, SD 57471
Tax id: 20-0142299

rep. by Clair R. Gerry
PO Box 966
Sioux Falls, SD 57101-0966
(605) 336-6400
Email:
gerry @ sgsllc.com

Laura L Kulm Ask
Stuart, Gerry & Schlimgen, Prof LLC
PO Box 966
Sioux Falls, SD 57101-0966
605-336-6400
Fax : 605-336-6842
Email:
ask @ sgsllc.com

U.S. Trustee
Bruce J. Gering
Office of the U.S. Trustee
230 S Phillips Ave, Suite 502
Sioux Falls, SD 57104-6321
605-330-4450
   

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