LEXXUS LLC Bankruptcy Filing
Case Number: 24-16091
LEXXUS LLC filed a 11 chapter bankruptcy in the District of Colorado bankruptcy court on October 15, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-16091.
LEXXUS LLC Filing Information
LEXXUS LLC has filed for Chapter 11 bankruptcy protection with the United States Bankruptcy Court for the District of Colorado. The company filed on October 15, 2024, under case number 24-16091, marking a significant milestone in its financial restructuring efforts. As a Corporation, LEXXUS LLC is required to navigate the complex process of reorganizing its debt and assets to emerge from bankruptcy. The court has appointed Judge Michael E. Romero to oversee the proceedings, which are expected to be closely monitored by stakeholders. With its headquarters located at 999 18th St, Suite 3000 in Denver, CO, LEXXUS LLC is required to provide detailed information about its financial situation and bankruptcy plans to the court. The company's filing of Chapter 11 bankruptcy provides it with a framework for restructuring its debts and emerging from financial difficulties, subject to the oversight and approval of the court.
LEXXUS LLC has filed for bankruptcy, marking the latest development in a financial struggle that has left its creditors with uncertain outcomes. According to court documents, LEXXUS LLC's assets fall within the range of $100,001-$1,000,000, suggesting a moderate level of assets at stake. The company's liabilities, meanwhile, are relatively light, with amounts ranging from $0 to $100,000, indicating a manageable debt burden. With only 1-49 creditors listed, the case appears to have a relatively small group of stakeholders affected by LEXXUS LLC's financial situation. Operating in the category of Other Financial Investment Activities, the company's bankruptcy filing raises questions about its investment strategies and overall financial health. As the case unfolds, it will be essential for creditors and other interested parties to monitor developments closely to assess the implications of this significant development.
LEXXUS 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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LEXXUS LLC Docket Header
SmBusV, FeeDueINST |
District of Colorado (Denver)
Bankruptcy Petition #: 24-16091-MER
Assigned to: Michael E. Romero Chapter 11 Voluntary Asset |
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| Debtor Lexxus LLC 999 18th St Suite 3000 Denver, CO 80202 DENVER-CO 303-717-6055 Tax ID / EIN: 85-1533544 |
rep. by |
Lexxus LLC
PRO SE |
| U.S. Trustee US Trustee Byron G. Rogers Federal Building 1961 Stout St. Ste. 12-200 Denver, CO 80294 303-312-7230 |
rep. by | Alan K. Motes
Byron G. Rogers Federal Building 1961 Stout St. Ste. 12-200 Denver, CO 80294 303-312-7999 Email: Alan.Motes @ usdoj.gov |