PRACS INSTITUTE MANAGEMENT, LLC Bankruptcy Filing
Case Number: 13-50745
PRACS INSTITUTE MANAGEMENT, 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 #13-50745.
PRACS INSTITUTE MANAGEMENT, LLC Filing Information
The bankruptcy petition for PRACS INSTITUTE MANAGEMENT, LLC showed assets in the range of $10MM - $50MM with liabilities in the range of $100MM - $500MM. PRACS INSTITUTE MANAGEMENT, 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 MANAGEMENT, 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 MANAGEMENT, LLC Docket Header
MEM-JTADMIN |
Western District of Texas (San Antonio)
Bankruptcy Petition #: 13-50745-cag
Assigned to: Judge Craig A. Gargotta Chapter 7 Voluntary Asset |
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| Debtor PRACS Institute Management, LLC 4801 Amber Valley Parkway Fargo, ND 58104 BEXAR-TX Tax ID / EIN: 80-0814257 fka CRSI Fargo, LLC |
rep. by |
Jason Shyung
Alston & Bird 2828 N. Harwood St., #1800 Dallas, TX 75201 (214) 922-3400 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 |