AM-SOURCE, LLC Bankruptcy Filing
Case Number: 24-90622
AM-SOURCE, LLC filed a 11 chapter bankruptcy in the Southern District of Texas bankruptcy court on December 21, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-90622.
AM-SOURCE, LLC Filing Information
The bankruptcy petition for AM-SOURCE, LLC showed assets in the range of more than $1B with liabilities in the range of more than $1B. AM-SOURCE, LLC reports that the number of creditors is in the range of 10,001-25,000.
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'.
AM-SOURCE, 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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AM-SOURCE, LLC Docket Header
PlnDue, DsclsDue |
Southern District of Texas (Houston)
Bankruptcy Petition #: 24-90622
Assigned to: Bankruptcy Judge Alfredo R Perez Chapter 11 Voluntary Asset |
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| Debtor Am-Source, LLC 100 Tice Blvd. Woodcliff Lake, NJ 07677 BERGEN-NJ Tax ID / EIN: 05-0518427 |
rep. by |
John F Higgins, IV
Porter Hedges LLP 1000 Main St Ste 3600 Houston, TX 77002-6336 713-226-6648 Fax : 713-226-6248 Email: jhiggins @ porterhedges.com |
| U.S. Trustee US Trustee Office of the US Trustee 515 Rusk Ave Ste 3516 Houston, TX 77002 |