U.S. TOBACCO COOPERATIVE INC. Bankruptcy Filing
Case Number: 21-01511
U.S. TOBACCO COOPERATIVE INC. filed a 11 chapter bankruptcy in the Eastern District of North Carolina bankruptcy court on July 07, 2021. This is a voluntary filing; it was assigned the bankruptcy case number #21-01511.
U.S. TOBACCO COOPERATIVE INC. Filing Information
The bankruptcy petition for U.S. TOBACCO COOPERATIVE INC. showed assets in the range of $100MM - $500MM with liabilities in the range of $100MM - $500MM. U.S. TOBACCO COOPERATIVE INC. reports that the number of creditors is in the range of 50-99.
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'.
U.S. TOBACCO COOPERATIVE 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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U.S. TOBACCO COOPERATIVE INC. Docket Header
JNTADMN, LEAD, LtdNotice, CONFIRMED, ANNA |
Eastern District of North Carolina
RALEIGH DIVISION
Bankruptcy Petition #: 21-01511-5-JNC
Assigned to: Judge Joseph N. Callaway Chapter 11 Voluntary Asset |
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Debtor U.S. Tobacco Cooperative Inc. 1304 Annapolis Drive Raleigh, NC 27608 WAKE-NC Tax ID / EIN: 56-0484598 |
rep. by | Cozen O'Connor
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