RGC PA 789, LLC Bankruptcy Filing
Case Number: 24-11657
RGC PA 789, LLC filed a 11 chapter bankruptcy in the District of Delaware bankruptcy court on August 05, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-11657.
RGC PA 789, LLC Filing Information
RGC PA 789, LLC filed for Chapter 11 bankruptcy on August 5, 2024, as indicated by case number 24-11657. The corporation, based at 343 Fourth Avenue, San Diego, CA, has chosen the Delaware court to oversee its restructuring efforts under Bankruptcy Code Section 11. Judge Mary F. Walrath will preside over the case. According to public records, this bankruptcy filing marks a significant development for RGC PA 789, LLC, as it seeks to reorganize its debt and assets in an effort to emerge from financial insolvency. The exact reasons behind the company's decision to seek bankruptcy protection are not yet clear, but this move suggests that RGC PA 789, LLC is taking proactive steps to address its financial challenges and secure a more stable future.
RGC PA 789, 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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RGC PA 789, LLC Docket Header
PlnDue, DsclsDue, JNTADMN |
District of Delaware (Delaware)
Bankruptcy Petition #: 24-11657-MFW
Assigned to: Mary F. Walrath Chapter 11 Voluntary Asset |
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| Debtor RGC PA 789, LLC 343 Fourth Avenue San Diego, CA 92101 SAN DIEGO-CA Tax ID / EIN: 93-3265996 |
rep. by |
Jonathan M. Stemerman
Armstrong Teasdale LLP 1007 North Market Street Ste Third Floor Wilmington, DE 19801 302-416-9667 Email: JStemerman @ atllp.com |
| 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 |