WESTLAND DEVCO, LP Bankruptcy Filing

Case Number: 10-11166

WESTLAND DEVCO, LP filed a 11 chapter bankruptcy in the District of Delaware bankruptcy court on April 05, 2010. This is a voluntary filing; it was assigned the bankruptcy case number #10-11166.

WESTLAND DEVCO, LP Filing Information

The bankruptcy petition for WESTLAND DEVCO, LP showed assets in the range of $100MM - $500MM with liabilities in the range of $100MM - $500MM. WESTLAND DEVCO, LP reports that the number of creditors is in the range of 1-49.

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'.

WESTLAND DEVCO, LP 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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WESTLAND DEVCO, LP Docket Header

DISMISSED, LeadSC, CLOSED




U.S. Bankruptcy Court
District of Delaware (Delaware)
Bankruptcy Petition #: 10-11166-CSS

Assigned to: Christopher S. Sontchi
Chapter 11
Voluntary
Asset



Debtor disposition:  Discharge Not Applicable
Date filed:  04/05/2010
Date terminated:  05/27/2010
Debtor dismissed:  05/10/2010

Debtor
Westland Devco, LP
201 Third Street, Suite 500
Albuquerque, NM 87102
Tax ID / EIN: 20-5966647
aka
Westland
aka
Petroglyphs
aka
Watershed
aka
Strom Cloud
aka
Sundoro South
aka
Grasslands

rep. by Alan Michael Root
Blank Rome LLP
1201 North Market Street
Suite 800
Wilmington, DE 19801
302-425-6417
Fax : 302-428-5109
Email:
root @ blankrome.com

Marion M. Quirk
Cole, Schotz, Meisel, Forman & Leonard
500 Delaware Avenue, Suite 1410
Wilmington, DE 19801
302-652-3131
Fax : 302-652-3117
Email:
bankruptcy @ coleschotz.com

Michael D. Sirota
Cole Schotz meisel Forman & Leonard
25 Main Street
Hackensack, NJ 07601
usa
201-525-6262
Fax : 201-678-6262
Email:
msirota @ coleschotz.com

Norman L. Pernick
Cole, Schotz, Meisel, Forman & Leonard,
500 Delaware Avenue,Suite 1410
Wilmington, DE 19801
302-652-3131
Fax : 302-652-3117
Email:
bankruptcy @ coleschotz.com

Patrick J. Reilley
Cole, Schotz, Meisel, Forman & Leonard,
500 Delaware Avenue, Suite 1410
Wilmington, DE 19801
302-652-3131
Fax : 302-652-3117
Email:
preilley @ coleschotz.com

Warren A. Usatine
Cole Schotz Meisel Forman & Leonard
25 Main Street
Hackensack, NJ 07601
usa
201-525-6233
Fax : 201-678-6233
Email:
wusatine @ coleschotz.com

U.S. Trustee
United States Trustee
844 King Street, Room 2207
Lockbox #35
Wilmington, DE 19899-0035
302-573-6491

   
Creditor Committee
Official Committee of Unsecured Creditors of Westland DevCo, LP
rep. by Alan Michael Root
(See above for address)

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