POWER BLOCK COIN LLC Bankruptcy Filing
Case Number: 24-23041
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POWER BLOCK COIN LLC filed a 11 chapter bankruptcy in the District of Utah bankruptcy court on June 20, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-23041.
POWER BLOCK COIN LLC Filing Information
POWER BLOCK COIN LLC filed for Chapter 11 bankruptcy on June 20, 2024, in the United States Bankruptcy Court for the District of Utah. The case number assigned to this filing is 24-23041. This marks a significant development for the Corporation, which has seen its financial obligations become unsustainable. According to court documents, the Debtor Address listed is 1145 South 800 East, Suite 117, Orem, UT. As part of the bankruptcy process, POWER BLOCK COIN LLC will work with Judge Joel T. Marker and his team to restructure its debts and develop a plan for long-term financial stability. The Chapter 11 bankruptcy filing provides an opportunity for the company to reorganize its financial obligations and emerge from bankruptcy with a renewed focus on growth and profitability.
POWER BLOCK COIN 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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POWER BLOCK COIN LLC Docket Header
SmBus, Firstday, SubChV |
District of Utah (Salt Lake City)
Bankruptcy Petition #: 24-23041
Assigned to: Joel T. Marker Chapter 11 Voluntary Asset |
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| Debtor Power Block Coin, LLC 1145 South 800 East Suite 117 Orem, UT 84097 UTAH-UT Tax ID / EIN: 38-4054005 dba SmartFi |
rep. by |
Simeon J Brown
Parsons Behle & Latimer 201 S Main Street Suite 1800 Salt Lake City, UT 84111 801-532-1234 Fax : 801-536-6111 Email: sbrown @ parsonsbehle.com Alexander S Chang 201 S. Main St Ste 1800 Salt Lake City, UT 84111 United States 801.532.1234 Email: AChang @ parsonsbehle.com Darren B. Neilson Parsons Behle & Latimer 201 S. Main Street Suite 1800 Salt Lake City, UT 84111 801-532-1234 Fax : 801-536-6111 Email: dneilson @ parsonsbehle.com Brian M. Rothschild Parsons Behle & Latimer 201 S. Main St. Suite 1800 Salt Lake City, UT 84111 801-532-1234 Fax : 801-536-6111 Email: brothschild @ parsonsbehle.com |
| Trustee Joli A. Lofstedt Joli A. Lofstedt,Trustee PO Box 270561 Louisville, CO 80027 303-476-6916 joli@jaltrustee.com |
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| U.S. Trustee United States Trustee Washington Federal Bank Bldg. 405 South Main Street Suite 300 Salt Lake City, UT 84111 USTPRegion19.SK.ECF@usdoj.gov |
rep. by | Matthew James Burne
Office of the United States Trustee 405 South Main Street Suite 300 Salt Lake City, UT 84111 801-524-5734 Fax : 801-524-5628 Email: matthew.burne @ usdoj.gov Peter J. Kuhn US Trustees Office Washington Federal Bank Building 405 South Main Street Suite 300 Salt Lake City, UT 84111 (801) 524-5734 Fax : (801) 524-5628 Email: Peter.J.Kuhn @ usdoj.gov Melinda Willden tr US Trustees Office Washington Federal Bank Building 405 South Main Street Suite 300 Salt Lake City, UT 84111 801-524-5148 Fax : 801-524-5628 Email: melinda.willden @ usdoj.gov |