WNK FOODS, INC. Bankruptcy Filing
Filing Information
WNK Foods, Inc., a California-based corporation, has filed for bankruptcy under Chapter 11 of the United States Bankruptcy Code. The company filed its bankruptcy petition on October 4, 2024, with case number 24-15964, in the California Central District Court. According to court records, Judge Mark D. Houle presides over the case. WNK Foods, Inc., has been assigned a debtor address of 31680 Serrento Drive, Murrieta, CA. This bankruptcy filing marks a significant development for the company, which is seeking to restructure its debts and operations under the guidance of the bankruptcy court. The exact nature and extent of the company's financial difficulties are currently unclear, but the filing indicates that WNK Foods, Inc. will be subject to the supervision of Judge Houle as it navigates this challenging period.
WNK Foods, Inc. has filed for bankruptcy, citing significant financial difficulties. The company's assets are estimated to be within the range of $1 million to $10 million, a relatively modest sum considering its operational scope. This has likely contributed to the company's insolvency. WNK Foods, Inc., which operates under the Restaurants and Other Eating Places industry category, has amassed between 100 to 199 creditors in the days leading up to its bankruptcy filing. With liabilities also falling within this narrow range of $1 million to $10 million, the financial burden on these creditors is considerable. As a key player in this sector, WNK Foods, Inc.'s insolvency sends shockwaves through the Restaurants and Other Eating Places industry, leaving many to wonder about the future prospects for the business.
WNK FOODS, INC. indicated on its bankruptcy petition that it expects there will be sufficient assets in the estate to make a payment to the unsecured creditors.
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WNK FOODS, INC. Bankruptcy Docket Header
DsclsDue, PlnDue, Incomplete |
Central District of California (Riverside)
Bankruptcy Petition #: 6:24-bk-15964-MH
Assigned to: Mark D. Houle Chapter 11 Voluntary Asset |
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Debtor WNK Foods, Inc., Debtor in Possession 31680 Serrento Drive Murrieta, CA 92563 RIVERSIDE-CA Tax ID / EIN: 81-1992461 dba Rally's |
rep. by |
Robert B Rosenstein
Rosenstein & Associates 28600 Mercedes St Ste 100 Temecula, CA 92590 951-296-3888 Fax : 951-296-3889 Email: robert @ thetemeculalawfirm.com |
U.S. Trustee United States Trustee (RS) 3801 University Avenue, Suite 720 Riverside, CA 92501-3200 (951) 276-6990 |
rep. by | Abram Feuerstein, esq
Office of US Trustee 3801 University Avenue St 720 Riverside, CA 92501 951-276-6975 Fax : 951-276-6973 Email: abram.s.feuerstein @ usdoj.gov Everett L Green Office of the US Trustee 3801 University Avenue Ste 720 Riverside, CA 92501 951-276-6063 Fax : 951-276-6973 Email: everett.l.green @ usdoj.gov Cameron C Ridley Office of the United States Trustee 3801 University Ave Ste 720 Riverside, CA 92501 951-276-6354 Fax : 951-276-6973 Email: Cameron.Ridley @ usdoj.gov |