TRIPLE 7 COMMODITIES INC. Bankruptcy Filing
Case Number: 24-60341
TRIPLE 7 COMMODITIES INC. filed a 7 chapter bankruptcy in the Eastern District of Kentucky bankruptcy court on March 01, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-60341.
TRIPLE 7 COMMODITIES INC. Filing Information
The bankruptcy petition for TRIPLE 7 COMMODITIES INC. showed assets in the range of $10MM - $50MM with liabilities in the range of $10MM - $50MM. TRIPLE 7 COMMODITIES INC. 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'.
TRIPLE 7 COMMODITIES 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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TRIPLE 7 COMMODITIES INC. Docket Header
JntAdmn, Venue(LEX), TransIn, Converted |
Eastern District of Kentucky (London)
Bankruptcy Petition #: 24-60341-grs
Assigned to: Gregory R. Schaaf Chapter 7 Previous chapter 11 Original chapter 11 Voluntary Asset |
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| Debtor Triple 7 Commodities Inc. 313 Ashford Court Winston Salem, NC 27103 FORSYTH-NC Tax ID / EIN: 81-3624185 dba Triple 7 |
rep. by |
Triple 7 Commodities Inc.
PRO SE J. Christian A. Dennery Dennery, PLLC 7310 Turfway Rd Ste 550 Florence, KY 41042 859-692-3685 Fax : 859-286-6726 Email: cm @ dennerypllc.com TERMINATED: 07/24/2024 David Jorjani (See above for address) TERMINATED: 08/06/2024 Philip Sasser (See above for address) TERMINATED: 08/12/2024 Travis Sasser (See above for address) TERMINATED: 08/12/2024 |
| Trustee J. Clair Edwards J. Clair Edwards, Trustee PO Box 1779 Somerset, KY 42502 859-559-9138 |
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| U.S. Trustee John Paul Hughes Cournoyer U.S. Bankruptcy Administrator 101 South Edgeworth Street Greensboro, NC 27401 336-358-4170 TERMINATED: 04/22/2024 |
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| U.S. Trustee U.S. Trustee 100 E Vine St #500 Lexington, KY 40507 (859) 233-2822 |
rep. by |
John L. Daugherty
100 E. Vine St. #500 Lexington, KY 40507 (859) 233-2822 Email: john.daugherty @ usdoj.gov Bradley M. Nerderman 100 E. Vine St. #500 Lexington, KY 40507 (859) 233-2822 Email: Bradley.Nerderman @ usdoj.gov |
| Creditor Committee Official Committee of Unsecured Creditors |
rep. by | Ashley Ann Brown
Dentons Bingham Greenebaum LLP 3500 PNC Tower 101 South Fifth Street Louisville, KY 40202 502-587-3644 Email: ashley.brown @ dentons.com James R. Irving Dentons Bingham Greenebaum LLP 3500 PNC Tower 101 S Fifth St Louisville, KY 40202 502-589-4200 Email: james.irving @ dentons.com April A Wimberg Dentons Bingham Greenebaum LLP 3500 PNCTower 101 South Fifth Street Louisville, KY 40202 502-587-3719 Fax : 502-540-2135 Email: april.wimberg @ dentons.com |