BIG RIVER CONTRACTORS LLC Bankruptcy Filing

Filing Information

BIG RIVER CONTRACTORS LLC filed for Chapter 11 bankruptcy on October 10, 2024, with case number 24-52028. The Texas Western Court will oversee the restructuring process. As a corporation, BIG RIVER CONTRACTORS LLC is seeking to reorganize its debts under the protection of this federal bankruptcy law. The company has listed its address as 627 FM 468, Cotulla TX, where it will continue to operate during the bankruptcy proceedings. This move indicates that the corporation is facing significant financial difficulties and is seeking a fresh start through the bankruptcy process. With Chapter 11 bankruptcy, BIG RIVER CONTRACTORS LLC aims to restructure its debt obligations, potentially avoiding liquidation and preserving its assets and operations. The outcome of this case will be closely watched by stakeholders, including creditors and employees.

BIG RIVER CONTRACTORS LLC has filed for bankruptcy, citing a significant debt burden that has left it unable to continue operations. According to the company's financial filings, its assets are valued within the range of $100,001 to $1,000,000, indicating a relatively modest scale of operation. The business has faced an overwhelming number of creditors, with between 50 and 99 entities vying for repayment, underscoring the challenges it has encountered in meeting its financial obligations. BIG RIVER CONTRACTORS LLC operates within the Support Activities for Mining industry, where companies provide essential services such as equipment maintenance and logistics support to the mining sector. With liabilities estimated within the range of $1 million to $10 million, the company's bankruptcy filing suggests a substantial debt burden that it was unable to manage.

BIG RIVER CONTRACTORS 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.

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BIG RIVER CONTRACTORS LLC Bankruptcy Docket Header

Subchapter_V




U.S. Bankruptcy Court
Western District of Texas (San Antonio)
Bankruptcy Petition #: 24-52028-cag

Assigned to: Chief Bkrpcy Judge Craig A Gargotta
Chapter 11
Voluntary
Asset
Date filed:  10/10/2024

Debtor
Big River Contractors LLC
627 FM 468
Cotulla, TX 78014
LA SALLE-TX
Tax ID / EIN: 83-0739916 		rep. by Robert Chamless Lane
The Lane Law Firm PLLC
6200 Savoy Dr Ste 1150
Houston, TX 77036-3369
713-595-8200
Fax : 713-595-8201
Email:
 chip.lane @ lanelaw.com

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