PRACS INSTITUTE, LLC Bankruptcy Filing
Case Number: 13-50747
PRACS INSTITUTE, LLC filed a 7 chapter bankruptcy in the Western District of Texas bankruptcy court on March 22, 2013. This is a voluntary filing; it was assigned the bankruptcy case number #13-50747.
PRACS INSTITUTE, LLC Filing Information
The bankruptcy petition for PRACS INSTITUTE, LLC showed assets in the range of $10MM - $50MM with liabilities in the range of $100MM - $500MM. PRACS INSTITUTE, LLC reports that the number of creditors is in the range of Not in Database.
The debtor indicated their nature of business as . 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'.
PRACS INSTITUTE, 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. This is a bad sign for creditors as it implies that no recovery is likely.
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PRACS INSTITUTE, LLC Docket Header
MEM-JTADMIN |
Western District of Texas (San Antonio)
Bankruptcy Petition #: 13-50747-cag
Assigned to: Judge Craig A. Gargotta Chapter 7 Voluntary Asset |
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| Debtor PRACS Institute, LLC 4801 Amber Valley Parkway Fargo, ND 58104 BEXAR-TX Tax ID / EIN: 61-1683468 fka CRSI St. Louis, LLC |
rep. by |
Jason Shyung
Alston & Bird LLP 2828 N. Harwood Street Suite 1800 Dallas, TX 75201 214-922-3426 Fax : 214-922-3899 Email: jason.shyung @ alston.com SELF- TERMINATED: 01/14/2015 David A Wender Alston & Bird LLP 1201 W. Peachtree Street Atlanta, GA 30309 404-881-7354 Fax : 404-881-7777 Email: david.wender @ alston.com |
| Trustee Jose C Rodriguez 342 W Woodlawn, Suite 103 San Antonio, TX 78212 (210) 738-8881 |
rep. by | Ronald Hornberger
Plunkett Griesenbeck & Mimari, Inc. Catholic Life Insurance Building 1635 N.E. Loop 410, Suite 900 San Antonio, TX 78209 (210) 734-7092 Fax : (210) 734-0379 Email: rhornberger @ pg-law.com |