WESTPOINT CAPITAL GROUP I, LLC Bankruptcy Filing
Case Number: 24-20469
WESTPOINT CAPITAL GROUP I, LLC filed a 11 chapter bankruptcy in the Central District of California bankruptcy court on December 25, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-20469.
WESTPOINT CAPITAL GROUP I, LLC Filing Information
The bankruptcy petition for WESTPOINT CAPITAL GROUP I, LLC showed assets in the range of $10MM - $50MM with liabilities in the range of $1MM - $10MM. WESTPOINT CAPITAL GROUP I, LLC reports that the number of creditors is in the range of 1-49.
The debtor indicated their nature of business as Single Asset Real Estate. 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'.
WESTPOINT CAPITAL GROUP I, 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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WESTPOINT CAPITAL GROUP I, LLC Docket Header
DsclsDue, PlnDue, Incomplete |
Central District of California (Los Angeles)
Bankruptcy Petition #: 2:24-bk-20469
Assigned to: Chapter 11 Voluntary Asset |
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| Debtor Westpoint Capital Group I, LLC 9631 West Olympic Blvd. Beverly Hills, CA 90212 LOS ANGELES-CA Tax ID / EIN: 83-2265060 |
rep. by |
Michael Jay Berger
9454 Wilshire Blvd 6th Fl Beverly Hills, CA 90212-2929 310-271-6223 Fax : 310-271-9805 Email: michael.berger @ bankruptcypower.com |
| U.S. Trustee United States Trustee (LA) 915 Wilshire Blvd, Suite 1850 Los Angeles, CA 90017 (213) 894-6811 |