TROPHY HOSPITALITY, LLC Bankruptcy Filing
Filing Information
TROPHY HOSPITALITY, LLC filed for Chapter 7 bankruptcy on October 11, 2024, with case number 24-42422, according to recent filings. The corporation-based company has sought protection under federal law, opting for a liquidation bankruptcy that will dissolve its assets and liabilities. As of today, the court record shows that TROPHY HOSPITALITY, LLC's last known address is 3351 Waverly Drive, Celina, TX. The filing marks a significant development in the company's financial history, as it seeks to restructure or eliminate its debt obligations through the bankruptcy process. With this move, TROPHY HOSPITALITY, LLC joins a growing list of companies navigating the complexities of Chapter 7 bankruptcy, hoping to emerge from the process with a fresh start and a renewed sense of stability.
Trophy Hospitality, LLC has filed for bankruptcy, marking the latest development in the financial struggles of the restaurant chain. The company's asset base, valued between $0 and $100,000, suggests that Trophy Hospitality's holdings are relatively limited. With a substantial number of creditors, typically ranging from 5 to 50, it appears that many individuals and businesses are owed money by the company. The liability range of $1 million to $10 million indicates that the company is facing significant debt obligations. As a restaurant and other eating places operator, Trophy Hospitality's financial struggles are not unexpected in an industry known for its volatile cash flow and high operational costs. The bankruptcy filing will likely involve negotiations between the company and its creditors, with the aim of restructuring debts and reorganizing operations to ensure the long-term viability of the business.
TROPHY HOSPITALITY, 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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TROPHY HOSPITALITY, LLC Bankruptcy Docket Header
Assigned to: Chapter 7 Voluntary No asset |
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Debtor Trophy Hospitality, LLC 3351 Waverly Drive Celina, TX 75009 DENTON-TX Tax ID / EIN: 81-4075814 |
rep. by |
Brandon John Tittle
Tittle Law Group, PLLC 5465 Legacy Dr. Suite 650 Plano, TX 75024 972-731-2590 Email: btittle @ tittlelawgroup.com |
U.S. Trustee US Trustee Office of the U.S. Trustee 110 N. College Ave. Suite 300 Tyler, TX 75702 (903) 590-1450 |