PROTERRA INC. Bankruptcy Filing
Case Number: 23-11120
PROTERRA INC. filed a 11 chapter bankruptcy in the District of Delaware bankruptcy court on August 07, 2023. This is a voluntary filing; it was assigned the bankruptcy case number #23-11120.
PROTERRA INC. Filing Information
The bankruptcy petition for PROTERRA INC. showed assets in the range of $500MM - $1B with liabilities in the range of $500MM - $1B. PROTERRA INC. reports that the number of creditors is in the range of 5,001-10,000.
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'.
PROTERRA 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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PROTERRA INC. Docket Header
LEAD, SEALEDMATRIX, STANDOrder, CLMSAGNT, MEGA, SealedDoc(s), CONFIRMED |
District of Delaware (Delaware)
Bankruptcy Petition #: 23-11120-BLS
Assigned to: Brendan Linehan Shannon Chapter 11 Voluntary Asset |
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| Debtor Prodigy Investments Holdings, Inc. 3350 Virginia St., 2nd Floor Miami, FL 33133 MIAMI-DADE-FL Tax ID / EIN: 90-2099565 dba ArcLight Clean Transition Corp. aka Proterra Inc |
rep. by |
Paul M. Basta
Paul, Weiss, Rifkind, Wharton & Garrison 1285 Avenue of the Americas New York, NY 10019 (212) 373-3000 Email: pbasta @ paulweiss.com Shella Borovinskaya Young Conaway Stargatt & Taylor, LLP Rodney Square 1000 North King Street Wilmington, DE 19801 302-571-6600 Email: sborovinskaya @ ycst.com Robert Britton Paul, Weiss, Rifkind, Wharton & Garrison 1285 Avenue of the Americas New York, NY 10019 Email: rbritton @ paulweiss.com William A. Clareman Paul Weiss Rifkind 1285 Avenue of the Americas New York, NY 10019 212-373-3000 Email: wclareman @ paulweiss.com Michael J Colarossi Paul, Weiss, Rifkind, Wharton & Garrison 1285 Avenue of the Americas New York, NY 10019 212-373-3000 Email: mcolarossi @ paulweiss.com William Robertson Dorsett Paul, Weiss, Rifkind, Wharton & Garrison 1285 Avenue of the Americas New York, NY 10019 (212) 373-3000 Joshua A. Esses Paul, Weiss, Rifkind, Wharton & Garrison 1285 Avenue of the Americas New York, NY 10019 212-373-3000 Kyle Kimpler Paul, Weiss, Rifkind, Wharton & Garrison LLP 1285 Avenue of the Americas New York, NY 10019-6064 212-373-3000 Fax : 212-373-3990 Email: kkimpler @ paulweiss.com Andrew L Magaziner Young Conaway Stargatt & Taylor, LLP Rodney Square 1000 North King Street Wilmington, DE 19801 302-571-6600 Email: amagaziner @ ycst.com Paul Paterson Paul, Weiss, Rifkind, Wharton & Garrison 1285 Avenue of the Americas New York, NY 10019-6064 (212) 373-3000 Email: ppaterson @ paulweiss.com Zachary W Singer Paul, Weiss, Rifkind, Wharton & Garrison 1285 Avenue of the Americas New York, NY 10019 212-373-3000 |
| Trustee Steven Balasiano, in his capacity as the Distribution Trustee of the PTRA Distribution Trust |
rep. by |
Daniel B. Besikof
Lowenstein Sandler LLP 1251 Avenue of the Americas, 17th Floor New York, NY 10020 212-204-8693 Email: dbesikof @ lowenstein.com Siena Cerra Morris James LLP 500 Delaware Avenue Ste 1500 Wilmington, DE 19801 302-888-6882 Fax : 302-571-1750 Email: scerra @ morrisjames.com Eric S Chafetz Lowenstein Sandler LLP 1251 Avenue of the Americas 18th Floor New York, NY 10020 212-262-6700 Fax : 212-262-4702 Email: echafetz @ lowenstein.com Rasmeet K. Chahil Lowenstein Sandler LLP One Lowenstein Drive Rodeland, NJ 07068 973-597-2500 Email: rchahil @ lowenstein.com Brittany M. Clark Lowenstein Sandler LLP 1251 Avenue of the Americas New York, NY 10020 (212) 262-6700 Fax : (212) 262-7402 Email: BClark @ lowenstein.com Jeffrey Cohen Lowenstein Sandler LLP 1251 Avenue of the Americas New York, NY 10020 212-262-6700 Email: jcohen @ lowenstein.com Brya Michele Keilson Morris James LLP 500 Delaware Avenue, Suite 1500 P.O. Box 2306 Wilmington, DE 19801 302-888-6800 Fax : 302-571-1750 Email: bkeilson @ morrisjames.com Eric J. Monzo Morris James LLP 500 Delaware Avenue, Suite 1500 P.O. Box 2306 Wilmington, DE 19899-2306 (302) 888-6800 Fax : (302) 571-1750 Email: emonzo @ morrisjames.com Jordana Linder Renert Lowenstein Sandler 1251 Avenue of the Americas New York, NY 10020 212-262-6700 Fax : 212-262-7402 Email: jrenert @ lowenstein.com TERMINATED: 06/05/2024 |
| U.S. Trustee U.S. Trustee Office of the United States Trustee J. Caleb Boggs Federal Building 844 King Street, Suite 2207 Lockbox 35 Wilmington, DE 19801 (302)-573-6491 |
rep. by |
Linda J. Casey
Office of United States Trustee 844 King Street Suite 2207 Wilmington, DE 19801 302-573-6491 Fax : 302-573-6497 Email: Linda.Casey @ usdoj.gov |
| Claims Agent Kurtzman Carson Consultants, LLC dba Verita Global 222 N. Pacific Coast Highway Suite 300 El Segundo, CA 90245 |
rep. by |
Albert Kass
Kcc LLC Dba Verita Global 222 N. Pacific Coast Highway Suite 300 El Segundo, CA 90245 310-708-6581 Email: ECFpleadings @ kccllc.com |
| Claims Agent Kurtzman Carson Consultants, LLC dba Verita Global 222 N. Pacific Coast Highway Suite 300 El Segundo, CA 90245 |
rep. by |
Albert Kass
(See above for address) |
| Transcriber Reliable Companies Attn: Gene Matthews 1007 North Orange Street Suite 110 Wilmington, DE 19801 302-654-8080 |
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| Creditor Committee Official Committee of Unsecured Creditors |
rep. by | Eric S Chafetz
(See above for address) Jeffrey Lawrence Cohen Lowenstein Sandler LLP Avenue of the Americas 17th Floor New York, NY 10020 212-262-6700 Fax : 212-262-7402 Email: jcohen @ lowenstein.com Michael A. Kaplan Lowenstein Sandler LLP One Lowenstein Drive Roseland, NJ 07068 973-597-2500 Fax : 973-597-2400 Email: mkaplan @ lowenstein.com Brya Michele Keilson (See above for address) Erica G. Mannix Lowenstein Sandler 1251 Avenue of the Americas 17th Floor New York, NY 10020 212-262-6700 Fax : 973-597-2400 Email: emannix @ lowenstein.com Eric J. Monzo (See above for address) Tara C Pakrouh Morris James LLP 500 Delaware Avenue Ste 1500 Wilmington, DE 19801 302-888-6800 Fax : 302-571-1750 Email: tpakrouh @ morrisjames.com Jordana Linder Renert (See above for address) Lindsay H. Sklar Lowenstein Sandler LLP 1251 Avenue of the Americas New York, NY 10020-1104 (212) 262-6700 Fax : (212) 262-7402 Email: lsklar @ lowenstein.com |