UNITED BANNER, INC. Bankruptcy Filing
Case Number: 17-10204
UNITED BANNER, INC. filed a 11 chapter bankruptcy in the Southern District of New York bankruptcy court on January 29, 2017. This is a voluntary filing; it was assigned the bankruptcy case number #17-10204.
UNITED BANNER, INC. Filing Information
The bankruptcy petition for UNITED BANNER, INC. showed assets in the range of more than $1B with liabilities in the range of more than $1B. UNITED BANNER, INC. 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'.
UNITED BANNER, 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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UNITED BANNER, INC. Docket Header
MEGA, CLMAGT, JtAdm, CLOSED |
Southern District of New York (Manhattan)
Bankruptcy Petition #: 17-10204-scc
Assigned to: Judge Shelley C. Chapman Chapter 11 Voluntary Asset Debtor disposition: Discharge Not Applicable |
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| Debtor United Banner, Inc. c/o Brokerage and Management Corporation 40 Wall Street New York, NY 10005 OUTSIDE U. S. |
rep. by |
Scott Eric Ratner
Togut, Segal & Segal LLP One Penn Plaza New York, NY 10119 (212) 594-5000 Fax : (212) 967-4258 Email: seratner @ teamtogut.com Albert Togut Togut, Segal & Segal LLP One Penn Plaza Suite 3335 New York, NY 10119 (212) 594-5000 Fax : (212) 967-4258 Email: altogut @ teamtogut.com |
| U.S. Trustee United States Trustee Office of the United States Trustee - NY Alexander Hamilton Custom House One Bowling Green, Room 534 New York, NY 10004-1408 (212) 510-0500 |
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| Claims and Noticing Agent Kurtzman Carson Consultants LLC, Claims Agent Attn: James Le 222 N. Pacific Coast Highway, Ste 300 El Segundo, CA 90245 www.kccllc.com 310-823-9000 |