VERTIS, INC. Bankruptcy Filing
Case Number: 12-12823
VERTIS, INC. filed a 11 chapter bankruptcy in the District of Delaware bankruptcy court on October 10, 2012. This is a voluntary filing; it was assigned the bankruptcy case number #12-12823.
VERTIS, INC. Filing Information
The bankruptcy petition for VERTIS, INC. showed assets in the range of $500MM - $1B with liabilities in the range of $500MM - $1B. VERTIS, INC. reports that the number of creditors is in the range of 25,001- 50,000.
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'.
VERTIS, 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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VERTIS, INC. Docket Header
JNTADMN |
District of Delaware (Delaware)
Bankruptcy Petition #: 12-12823-CSS
Assigned to: Christopher S. Sontchi Chapter 11 Voluntary Asset |
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| Debtor Vertis, Inc. P.O. Box 17102 Baltimore, MD 21202 BALTIMORE-MD Tax ID / EIN: 13-3768322 aka Vertis Advertising Solutions Services aka Image Tap aka Vertis Logistics aka Vertis Communications aka Vertis Creative aka Vertis Logistics Services aka Adout aka Lot 44 aka Printco, Inc. aka Vertis Advertising Production Services aka Forte Studios aka Vertis Receivables II, LLC aka Enteron Group, LLC aka Imagination Brewery aka LTC Group |
rep. by |
Jason M. Madron
Richards, Layton & Finger, P.A. One Rodney Square P.O. Box 551 Wilmington, DE 19899 302-651-7595 Fax : 302-651-7701 Email: madron @ rlf.com Jason M. Madron Richards, Layton & Finger, LLP One Rodney Square P.O. Box 551 Wilmington, DE 19899 302-651-7595 Fax : 302-651-7701 Email: madron @ rlf.com |
| U.S. Trustee United States Trustee 844 King Street, Room 2207 Lockbox #35 Wilmington, DE 19899-0035 302-573-6491 |
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| Claims Agent Kurtzman Carson Consultants LLC www.kccllc.com 2335 Alaska Ave El Segundo, CA 90245 310-823-9000 |