THE MICHAEL KING SMITH FOUNDATION Bankruptcy Filing
Case Number: 16-30233
THE MICHAEL KING SMITH FOUNDATION filed a 11 chapter bankruptcy in the District of Oregon bankruptcy court on January 26, 2016. This is a voluntary filing; it was assigned the bankruptcy case number #16-30233.
THE MICHAEL KING SMITH FOUNDATION Filing Information
The bankruptcy petition for THE MICHAEL KING SMITH FOUNDATION showed assets in the range of $100MM - $500MM with liabilities in the range of $1MM - $10MM. THE MICHAEL KING SMITH FOUNDATION 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'.
THE MICHAEL KING SMITH FOUNDATION 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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THE MICHAEL KING SMITH FOUNDATION Docket Header
Assigned to: Judge Randall L. Dunn Chapter 11 Voluntary Asset |
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| Debtor The Michael King Smith Foundation 1271 NE Hwy 99W, PMB 502 McMinnville, OR 97128 YAMHILL-OR Tax ID / EIN: 20-7154740 |
rep. by |
NICHOLAS J HENDERSON
Motschenbacher & Blattner, LLP 117 SW Taylor Street Ste 300 Portland, OR 97204 503-417-0500 Fax : 503-417-0501 Email: nhenderson @ portlaw.com |
| U.S. Trustee US Trustee, Portland 620 SW Main St #213 Portland, OR 97205 (503) 326-4000 |