PRIME CAPITAL VENTURES, LLC Bankruptcy Filing
Case Number: 24-10531
PRIME CAPITAL VENTURES, LLC filed a 11 chapter bankruptcy in the Northern District of New York bankruptcy court on May 14, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-10531.
PRIME CAPITAL VENTURES, LLC Filing Information
The bankruptcy petition for PRIME CAPITAL VENTURES, LLC showed assets in the range of $10MM - $50MM with liabilities in the range of $100MM - $500MM. PRIME CAPITAL VENTURES, LLC 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'.
PRIME CAPITAL VENTURES, 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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PRIME CAPITAL VENTURES, LLC Docket Header
ProHacVice, DsclsDue, PlnDue, DISMISSED, APPEAL |
Northern District of New York (Albany)
Bankruptcy Petition #: 24-10531-1-rel
Assigned to: Robert E. Littlefield Jr. Chapter 11 Voluntary Asset Debtor disposition: Dismissed for Other Reason |
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| Debtor Prime Capital Ventures, LLC c/o Paul A. Levine, as Receiver Lemery Greisler LLC 677 Broadway, 8th Floor Albany, NY 12207 ALBANY-NY Tax ID / EIN: 87-4340258 |
rep. by |
Stephen A. Donato
Bond, Schoeneck & King, PLLC One Lincoln Center Syracuse, NY 13202-1355 (315) 218-8000 Fax : 315-218-8100 Email: sdonato @ bsk.com Lauren Kiss Klestadt Winters Jureller Southard & Stevens, LLP 200 West 41st Street 17th Floor New York, NY 10036 212-972-3000 Email: lkiss @ klestadt.com Edward J. LoBello Bond, Schoeneck & King, PLLC 225 Old Country Road Melville, NY 11747 631-761-0841 Fax : 631-761-0013 Email: elobello @ bsk.com Pieter H.B. Van Tol, III Hogan Lovells US LLP 390 Madison Avenue New York, NY 10017 212-909-0661 Fax : 212-918-3100 Email: pieter.vantol @ hoganlovells.com |
| U.S. Trustee U.S. Trustee Office of the U.S. Trustee Leo W. O'Brien Federal Building 11A Clinton Ave, Room 620 Albany, NY 12207 |