SBM CERTIFICATE COMPANY Bankruptcy Filing
Case Number: 13-17282
SBM CERTIFICATE COMPANY filed a 7 chapter bankruptcy in the District of Maryland bankruptcy court on April 26, 2013. This is a voluntary filing; it was assigned the bankruptcy case number #13-17282.
SBM CERTIFICATE COMPANY Filing Information
The bankruptcy petition for SBM CERTIFICATE COMPANY showed assets in the range of $10MM - $50MM with liabilities in the range of $10MM - $50MM. SBM CERTIFICATE COMPANY reports that the number of creditors is in the range of 1,000-5,000.
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'.
SBM CERTIFICATE COMPANY 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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SBM CERTIFICATE COMPANY Docket Header
PlnDue, SkipPriorRelCase, CONVERTED, EXHIBITS, CLOSED |
District of Maryland (Greenbelt)
Bankruptcy Petition #: 13-17282
Assigned to: Judge Thomas J. Catliota Chapter 7 Previous chapter 11 Original chapter 11 Voluntary Asset Debtor disposition: Discharge Not Applicable |
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| Debtor SBM Certificate Company 2300 M Street, NW Suite 800 Washington, DC 20037 MONTGOMERY-MD Tax ID / EIN: 52-2250397 |
rep. by |
Nelson C. Cohen
Whiteford Taylor & Preston LLP 111 Rockville Pike Suite 800 Rockville, MD 20850 301-804-3618 Fax : 301-215-6359 Email: ncohen @ wtplaw.com Lawrence A. Katz Hirschler Fleischer PC 8270 Greensboro Drive Suite 700 Tysons, VA 22102 703-584-8362 Fax : 703-584-8901 Email: lkatz @ hirschlerlaw.com |
| Jointly Administered Debtor SBM Investment Certificates, Inc. 2300 M Street, NW Suite 800 Washington, DC 20037 MONTGOMERY-MD Tax ID / EIN: 54-1322110 TERMINATED: 07/15/2013 |
rep. by |
Lawrence A. Katz
Hirschler Fleischer PC 8270 Greensboro Drive Suite 700 Tysons, VA 22102 703-584-8362 TERMINATED: 07/15/2013 |
| Jointly Administered Debtor SBM Financial, LLC 2300 M Street, NW Suite 800 Washington, DC 20037 MONTGOMERY-MD Tax ID / EIN: 52-2250395 TERMINATED: 07/15/2013 |
rep. by |
Lawrence A. Katz
Hirschler Fleischer PC 8270 Greensboro Drive Suite 700 Tysons, VA 22102 703-584-8362 TERMINATED: 07/15/2013 |
| Trustee Merrill Cohen Cohen, Baldinger & Greenfeld, LLC 2600 Tower Oaks Blvd. Suite 290 Rockville, MD 20852 (301) 881-8300 Fax : (301) 881-8350 Email: trustee@cohenbaldinger.com |
rep. by |
Merrill Cohen
Cohen, Baldinger & Greenfeld, LLC 2600 Tower Oaks Blvd. Suite 290 Rockville, MD 20852 301-881-8300 Email: merrillc @ cohenbaldinger.com Merrill Cohen Cohen, Baldinger & Greenfeld, LLC 7910 Woodmont Avenue Suite 1103 Bethesda, MD 20814 (301) 881-8300 Fax : (301) 881-8350 Email: trustee @ cohenbaldinger.com Nelson C. Cohen (See above for address) |
| U.S. Trustee US Trustee - Greenbelt, 11 6305 Ivy Lane, Suite 600 Greenbelt, MD 20770 Email: USTPRegion04.GB.ECF@USDOJ.GOV |
rep. by |
Lynn A. Kohen
U.S. Trustee Office 6305 Ivy Lane, Suite 600 Greenbelt, MD 20770 301-344-6221 Email: lynn.a.kohen @ usdoj.gov Gerard R. Vetter Office of the US Trustee 101 W. Lombard Street Suite 2625 Baltimore, MD 21201 410-962-4300 TERMINATED: 12/17/2014 |
| Other Party Beryl Wernberg Estate of Dorothea W. Paul 5933 Wild Rose Lane, NW Bemidji, MN 56601 |