STEARNS HOLDINGS, LLC Bankruptcy Filing
Case Number: 19-12226
STEARNS HOLDINGS, LLC filed a 11 chapter bankruptcy in the Southern District of New York bankruptcy court on July 09, 2019. This is a voluntary filing; it was assigned the bankruptcy case number #19-12226.
STEARNS HOLDINGS, LLC Filing Information
The bankruptcy petition for STEARNS HOLDINGS, LLC showed assets in the range of more than $1B with liabilities in the range of more than $1B. STEARNS HOLDINGS, LLC reports that the number of creditors is in the range of 200-999.
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'.
STEARNS HOLDINGS, 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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STEARNS HOLDINGS, LLC Docket Header
CLOSED, MEGA, Lead, CLMAGT, SchedF |
Southern District of New York (Manhattan)
Bankruptcy Petition #: 19-12226-scc
Assigned to: Judge Shelley C. Chapman Chapter 11 Voluntary Asset Debtor disposition: Discharge Not Applicable |
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| Debtor Stearns Holdings, LLC, et al., 401 East Corporate Drive Suite 150 Lewisville, TX 75057 DENTON-TX Tax ID / EIN: 45-1008219 aka Stearns Holdings, Inc. |
rep. by |
Shana A. Elberg
Skadden, Arps, Slate, Meagher & Flom LLP One Manhattan West New York, NY 10036 (212) 735-3000 Fax : (212) 735-2000 Email: Shana.Elberg @ skadden.com Jay M. Goffman Skadden, Arps, Slate, Meagher & Flom LLP Four Times Square New York, NY 10036 (212) 735-3000 Fax : (212) 735-2000 Email: Jay.Goffman @ skadden.com |
| U.S. Trustee United States Trustee Office of the United States Trustee U.S. Federal Office Building 201 Varick Street, Room 1006 New York, NY 10014 (212) 510-0500 |
rep. by |
Brian S. Masumoto
Office of the United States Trustee 201 Varick Street Room 1006 New York, NY 10014 (212) 510-0500 Fax : (212) 668-2255 Email: nysbnotice @ gmail.com |
| Claims and Noticing Agent Prime Clerk LLC 60 East 42nd Street Suite 1440, NY 10165 |
rep. by | Adam M. Adler
Prime Clerk LLC One Grand Central Place 60 East 42nd Street Suite 1440 New York, NY 10165 212-257-5465 Email: aadler @ primeclerk.com |