VERTIS HOLDINGS, INC. Bankruptcy Filing
Case Number: 08-11460
VERTIS HOLDINGS, INC. filed a 11 chapter bankruptcy in the District of Delaware bankruptcy court on July 15, 2008. This is a voluntary filing; it was assigned the bankruptcy case number #08-11460.
VERTIS HOLDINGS, INC. Filing Information
The bankruptcy petition for VERTIS HOLDINGS, INC. showed assets in the range of $500MM - $1B with liabilities in the range of more than $1B. VERTIS HOLDINGS, INC. reports that the number of creditors is in the range of 50,001-100,000.
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 HOLDINGS, 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 HOLDINGS, INC. Docket Header
LEAD, MEGA, CLOSED |
District of Delaware (Delaware)
Bankruptcy Petition #: 08-11460-CSS
Assigned to: Christopher S. Sontchi Chapter 11 Voluntary Asset Debtor disposition: Discharge Not Applicable |
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| Debtor Vertis Holdings, Inc., et al., P.O. Box 17102 Baltimore, MD 21202 BALTIMORE-MD Tax ID / EIN: 13-3971556 aka Big Flower Holdings, Inc. |
rep. by |
Mark D. Collins
Richards, Layton & Finger, P.A. One Rodney Square 920 North King Street Wilmington, DE 19801 302 651-7700 Fax : 302-651-7701 Email: collins @ RLF.com Lee E. Kaufman Richards, Layton & Finger, P.A. 920 North King Street One Rodney Square Wilmington, DE 19801 302-651-7582 Fax : 302-651-7701 Email: kaufman @ rlf.com Lee E. Kaufman Richards, Layton & Finger, P.A. 920 North King Street One Rodney Square Wilmington, DE 19801 302-651-7582 Fax : 302-651-7701 Email: kaufman @ rlf.com Lee E. Kaufman Richards, Layton & Finger, P.A. 920 North King Street One Rodney Square Wilmington, DE 19801 302-651-7582 Fax : 302-651-7701 Email: kaufman @ rlf.com Michael Joseph Merchant Richards Layton & Finger, P.A. One Rodney Square P.O. Box 551 Wilmington, DE 19899 usa 302-651-7700 Fax : 302-651-7701 Email: merchant @ rlf.com Michael Joseph Merchant Richards Layton & Finger One Rodney Square PO Box 551 Wilmington, DE 19899 302-651-7700 Fax : 302-651-7701 Email: merchant @ rlf.com |
| U.S. Trustee United States Trustee 844 King Street, Room 2207 Lockbox #35 Wilmington, DE 19899-0035 302-573-6491 |