VIP CINEMA HOLDINGS, INC. Bankruptcy Filing
Case Number: 20-10345
VIP CINEMA HOLDINGS, INC. filed a 11 chapter bankruptcy in the District of Delaware bankruptcy court on February 18, 2020. This is a voluntary filing; it was assigned the bankruptcy case number #20-10345.
VIP CINEMA HOLDINGS, INC. Filing Information
The bankruptcy petition for VIP CINEMA HOLDINGS, INC. showed assets in the range of $100MM - $500MM with liabilities in the range of $100MM - $500MM. VIP CINEMA HOLDINGS, INC. reports that the number of creditors is in the range of 1,000-5,000.
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'.
VIP CINEMA 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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VIP CINEMA HOLDINGS, INC. Docket Header
SealedDoc(s) |
District of Delaware (Delaware)
Bankruptcy Petition #: 20-10345-MFW
Assigned to: Mary F. Walrath Chapter 11 Voluntary Asset |
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| Debtor VIP Cinema Holdings, Inc. 101 Industrial Drive New Albany, MS 38652 UNION-MS Tax ID / EIN: 47-2002049 |
rep. by |
Daniel N. Brogan
Bayard, P.A. 600 N. King Street, suite 400 Wilmington, DE 19801 302.655.5000 Fax : 302.658.6395 Email: dbrogan @ bayardlaw.com Erin R Fay Bayard, P.A. 600 North King Street Suite 400 Wilmington, DE 19801 302-429-4242 Fax : 302-658-6395 Email: efay @ bayardlaw.com Gregory Joseph Flasser Bayard, P.A. 600 North King Street Suite 400 Wilmington, DE 19801 302-655-5000 Fax : 302-658-6395 Email: gflasser @ bayardlaw.com |
| U.S. Trustee U.S. Trustee Office of the United States Trustee J. Caleb Boggs Federal Building 844 King Street, Suite 2207 Lockbox 35 Wilmington, DE 19801 (302)-573-6491 |
rep. by | Linda Richenderfer
Office of the US Trustee US Trustee's Office 844 King Street, Suite 2207 Wilmington, DE 19801 Email: Linda.Richenderfer @ usdoj.gov |