WEBSPINNER INC. Bankruptcy Filing
Case Number: 10-15926
WEBSPINNER INC. filed a 11 chapter bankruptcy in the Southern District of New York bankruptcy court on November 03, 2010. This is a voluntary filing; it was assigned the bankruptcy case number #10-15926.
WEBSPINNER INC. Filing Information
The bankruptcy petition for WEBSPINNER INC. showed assets in the range of more than $1B with liabilities in the range of more than $1B. WEBSPINNER INC. reports that the number of creditors is in the range of more than 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'.
WEBSPINNER 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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WEBSPINNER INC. Docket Header
MEGA, JtAdm, CLMAGT, CLOSED |
Southern District of New York (Manhattan)
Bankruptcy Petition #: 10-15926-smb
Assigned to: Judge Stuart M. Bernstein Chapter 11 Voluntary Asset Debtor disposition: Discharge Not Applicable |
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Debtor Webspinner Inc. 10250 Constellation Blvd Los Angeles, CA 90067 United States of America Tax ID / EIN: 95-4624449 |
rep. by |
Jay M. Goffman
Skadden,Arps,Slate,Meagher & Flom LLP Four Time Square New York, NY 10036 (212)735-3000 Fax : (212)735-2000 Email: JGoffman @ skadden.com |
U.S. Trustee United States Trustee 33 Whitehall Street 21st Floor New York, NY 10004 (212) 510-0500 |
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Claims and Noticing Agent Donlin, Recano & Company, Inc. Donlin, Recano & Company, Inc. 419 Park Avenue South, Suite 1206 New York, NY 10016 (212) 481-1411 |