WIZARD VIDEO, INC. Bankruptcy Filing

Case Number: 10-15928

WIZARD VIDEO, 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 #10-15928.

WIZARD VIDEO, INC. Filing Information

The bankruptcy petition for WIZARD VIDEO, INC. showed assets in the range of more than $1B with liabilities in the range of more than $1B. WIZARD VIDEO, 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'.

WIZARD VIDEO, 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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WIZARD VIDEO, INC. Docket Header

MEGA, JtAdm, CLMAGT, CLOSED




U.S. Bankruptcy Court
Southern District of New York (Manhattan)
Bankruptcy Petition #: 10-15928-smb

Assigned to: Judge Stuart M. Bernstein
Chapter 11
Voluntary
Asset



Debtor disposition:  Discharge Not Applicable
Date filed:  11/03/2010
Date terminated:  02/23/2011

Debtor
Wizard Video, Inc.
10250 Constellation Blvd
Los Angeles, CA 90067
United States of America
Tax ID / EIN: 95-3585047

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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