WILSHIRE PHOENIX FUNDS LLC Bankruptcy Filing
Case Number: 24-11888
WILSHIRE PHOENIX FUNDS LLC filed a 7 chapter bankruptcy in the District of Delaware bankruptcy court on August 23, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-11888.
WILSHIRE PHOENIX FUNDS LLC Filing Information
WILSHIRE PHOENIX FUNDS LLC filed for Chapter 7 bankruptcy on August 23, 2024, marking a significant development in its financial restructuring efforts. The corporation, which has secured a court-approved case number of 24-11888, will be administered by Judge Thomas M Horan in the Delaware Court of Chancery. According to the filing, WILSHIRE PHOENIX FUNDS LLC is seeking to reorganize or liquidate its assets under Chapter 7 bankruptcy laws. The company's address on record with the court is c/o Seward & Kissel LLP at One Battery Park Plaza in New York, NY. As one of the largest corporations to file for bankruptcy recently, WILSHIRE PHOENIX FUNDS LLC will need to navigate complex financial proceedings to emerge from this challenging phase.
WILSHIRE PHOENIX FUNDS LLC 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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WILSHIRE PHOENIX FUNDS LLC Docket Header
SealedDoc(s), SEALEDMATRIX |
District of Delaware (Delaware)
Bankruptcy Petition #: 24-11888-TMH
Assigned to: Honorable Thomas M Horan Chapter 7 Voluntary No asset |
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| Debtor Wilshire Phoenix Funds LLC c/o Seward & Kissel LLP One Battery Park Plaza New York, NY 10004 NEW YORK-NY Tax ID / EIN: 83-0663239 |
rep. by |
Gregg S. Bateman
Seward & Kissel LLP One Battery Park Plaza New York, NY 10004 (212)574-1200 Email: bateman @ sewkis.com Kevin M. Capuzzi Benesch Friedlander Coplan & Aronoff LLP 1313 North Market Street Suite 1201 Wilmington, DE 19801-1611 (302) 442-7010 Fax : (302) 442-7012 Email: kcapuzzi @ beneschlaw.com Catherine V. LoTempio Seward & Kissel LLP One Battery Park Plaza New York, NY 10004 212-574-1632 Email: lotempio @ sewkis.com |
| Trustee George L. Miller 1628 John F. Kennedy Blvd. Suite 950 Philadelphia, PA 19103-2110 215-561-0950 |
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| 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 |