BIG BRAND MANAGEMENT LTD. CO. Bankruptcy Filing
Case Number: 24-42411
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BIG BRAND MANAGEMENT LTD. CO. filed a 11 chapter bankruptcy in the Eastern District of Texas bankruptcy court on October 10, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-42411.
BIG BRAND MANAGEMENT LTD. CO. Filing Information
BIG BRAND MANAGEMENT LTD. CO. filed for Chapter 11 bankruptcy on October 10, 2024, with case number 24-42411, according to court records. The corporation, which operates under BIG BRAND MANAGEMENT LTD. Co., has opted to restructure its debts under the protection of federal bankruptcy law. As a Texas Eastern court, the bankruptcy proceedings will be overseen by Judge Brenda T. Rhoades, who presides over cases in the region. The debtor's address for bankruptcy purposes is listed as c/o BBM LTD. Co., located at PO box 570950, Dallas TX. By filing under Chapter 11, BIG BRAND MANAGEMENT LTD. CO. aims to reorganize its financial obligations and potentially emerge from bankruptcy with a revised business plan.
BIG BRAND MANAGEMENT LTD. CO., a leading provider of other support services, has filed for bankruptcy, marking the latest development in the company's financial struggles. According to court documents, the company's assets are valued within the range of $10 million to $50 million, a significant decrease from its peak values. The filing also reveals that BIG BRAND MANAGEMENT LTD. CO. owes between $100,001 and $1,000,000 to creditors, indicating a substantial debt burden. Notably, there is only one creditor listed among the company's debts, suggesting a relatively isolated financial situation. As an other support services company, BIG BRAND MANAGEMENT LTD. CO.'s bankruptcy may have significant implications for its customers and industry peers. The exact reasons behind the company's financial decline remain unclear, but the bankruptcy filing marks an important milestone in the company's restructuring efforts.
BIG BRAND MANAGEMENT LTD. CO. 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.
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BIG BRAND MANAGEMENT LTD. CO. Docket Header
SMALLBUSINESS |
Eastern District of Texas (Sherman)
Bankruptcy Petition #: 24-42411
Assigned to: Chief Judge Brenda T. Rhoades Chapter 11 Voluntary Asset |
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| Debtor Big Brand Management Ltd. Co. c/o BBM LTD. Co. PO box 570950 Dallas, TX 75357 COLLIN-TX Tax ID / EIN: 85-4278305 aka Big Brand Management Inc. |
rep. by |
Robert DeMarco, III
Robert Demarco 12770 Coit Road Suite 850 Dallas, TX 75251 972-991-5591 Email: robert @ demarcomitchell.com |
| U.S. Trustee US Trustee Office of the U.S. Trustee 110 N. College Ave. Suite 300 Tyler, TX 75702 (903) 590-1450 |