ADVANCED SPORTS ENTERPRISES, INC. Bankruptcy Filing

Basic Information on ADVANCED SPORTS ENTERPRISES, INC. Bankruptcy

ADVANCED SPORTS ENTERPRISES, INC. filed a 11 chapter bankruptcy in the Middle District of North Carolina bankruptcy court on January 22, 2018. This is a voluntary filing; it was assigned the bankruptcy case number #18-80856.

The bankruptcy petition for ADVANCED SPORTS ENTERPRISES, INC. showed assets in the range of $1MM - $10MM with liabilities in the range of $10MM - $50MM. ADVANCED SPORTS ENTERPRISES, INC. reports that the number of creditors is in the range of 100-199.

The debtor indicated their nature of business as 'None of the Above'. The options for nature of business in bankruptcies are rather limited and archaic. They include 'Health Care Business', 'Single Asset Real Estate', 'Railroad', 'Stockbroker', 'Commodity Broker', 'Clearing Bank', or 'None of the Above'.

Unsecured Creditor Treatment in ADVANCED SPORTS ENTERPRISES, INC. Bankruptcy:

ADVANCED SPORTS ENTERPRISES, INC. 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.

Search for another bankruptcy case.

Access This Case for Only $30.00/month*


* Subscription fee does not include the cost of documents which may be purchased separately.

ADVANCED SPORTS ENTERPRISES, INC. Bankruptcy Docket Header

JNTADMN, LEAD




U.S. Bankruptcy Court
Middle District of North Carolina (Durham)
Bankruptcy Petition #: 18-80856

Assigned to: Bankruptcy Judge Benjamin A. Kahn
Chapter 11
Voluntary
Asset


Case Manager:  Susan W. 336-358-4029
Date filed:  11/16/2018
Plan confirmed:  10/25/2019
341 meeting:  12/14/2018
Deadline for filing claims:  03/14/2019

Debtor
AE BICYCLE LIQUIDATION, INC.
501 Eastowne Dr., Suite 230-A
Chapel Hill, NC 27514
CHATHAM-NC
Tax ID / EIN: 56-1589833
fka Performance, Inc.
fka Performance Holdings, Inc.
aka Advanced Sports Enterprises, Inc., et al.

rep. by William J. Burnett
Flaster/Greenberg P.C.
1835 Market Street, Suite 1050
Philadelphia, PA 19103
215-279-9383
Fax : 215-279-9394
Email:
 William.burnett @ flastergreenberg.com

John Paul H. Cournoyer
Northen Blue, LLP
Suite 435
1414 Raleigh Road
Chapel Hill, NC 27517
919-968-4441
Fax : 919-942-6603
Email:
 jpc @ nbfirm.com

E. Richard Dressel
Flaster/Greenberg P.C.
1810 Chapel Avenue West
Cherry HIll, NJ 08002
856-661-2280
Fax : 856-661-1919
Email:
 rick.dressel @ flastergreenberg.com

Harry J. Giacometti
Flaster/Greenberg P.C.
1835 Market Street, Suite 1050
Philadelphia, PA 19103
215-587-5680
Fax : 215-279-9394
Email:
 harry.giacometti @ flastergreenberg.com

John A. Northen
P. O. Box 2208
Chapel Hill, NC 27514-2208
(919) 968-4441
Email:
 jan @ nbfirm.com

Vicki L. Parrott
P. O. Box 2208
Chapel Hill, NC 27514-2208
(919) 968-4441
Email:
 vlp @ nbfirm.com

Douglas S. Stanger
Flaster/Greenberg P.C.
646 Ocean Heights Avenue
Linwood, NJ 08221
609-645-1881
Fax : 609-645-9932
Email:
 doug.stanger @ flastergreenberg.com

Damien Nicholas Tancredi
Flaster/Greenberg P.C.
1835 Market Street, Suite 1050
Philadelphia, PA 19103
215-587-5675
Fax : 215-279-9394
Email:
 damien.tancredi @ flastergreenberg.com

Steven D Usdin
Flaster/Greenberg P.C.
1835 Market Street
Suite 1050
Philadelhia, PA 19050
215-279-9903
Fax : 215-279-9394
Email:
 steven.usdin @ flastergreenberg.com

Movant
Candice Goldberg
Nexsen Pruet, PLLC
c/o Lisa P. Sumner
4141 Parklake Avenue
Suite 200
Raleigh, NC 27612
919-573-7423
TERMINATED: 06/21/2019

rep. by Lisa P. Sumner
Nexsen Pruet, PLLC
4141 Parklake Ave., Suite 200
Raleigh, NC 27612
919-573-7423
Fax : 919-573-7454
Email:
 lsumner @ nexsenpruet.com
TERMINATED: 06/21/2019

Movant
Bradley Goldberg
Nexsen Pruet, PLLC
c/o Lisa P. Sumner
4141 Parklake Avenue
Raleigh, NC 27612
919-573-7423
TERMINATED: 06/21/2019

rep. by Lisa P. Sumner
(See above for address)
TERMINATED: 06/21/2019

Movant
Brian Ridge
TERMINATED: 06/21/2019

rep. by Lisa P. Sumner
(See above for address)
TERMINATED: 06/21/2019

Movant
Lisa Ridge
TERMINATED: 06/21/2019

rep. by Lisa P. Sumner
(See above for address)
TERMINATED: 06/21/2019

Movant
James Karastamatis

rep. by James Edward Vaughan
Blanco Tackabery & Matamoros, P.A.
Post Office Drawer 25008
Winston-Salem, NC 27114
(336) 293-9000
Fax : (336) 293-9030
Email:
 alc @ blancolaw.com

Respondent
Ventura Tax County Tax Collector
Attn: Mary Barnes, Bankruptcy
800 S. Victoria Ave.
Ventura, CA 93009

rep. by Andrew M Gschwind
Ventura County Cousel's Office
800 South Victoria Ave
L/C 1830
Ventura, CA 93009
805-654-2594
Fax : 805-654-2580
Email:
 andrew.gschwind @ ventura.org

Bankruptcy Administrator
William P. Miller
Bankruptcy Administrator
101 South Edgeworth Street
Greensboro, NC 27401

   
Creditor Committee
Official Committee of Unsecured Creditors for Advanced Sports Enterprises, Inc.
rep. by Cathy Hershcopf
Cooley LLP
55 Hudson Yards
New York, NY 10001
212-479-6138
Fax : 212-479-6275
Email:
 chershcopf @ cooley.com

Jay Indyke
Cooley LLP
55 Hudson Yards
New York, NY 10001
212-479-6080
Fax : 212-479-6275
Email:
 jindyke @ cooley.com

James C. Lanik
Waldrep, LLP
101 S. Stratford Road, Ste 210
Winston-Salem, NC 27104
336-930-7620
Fax : 336-717-1340
Email:
 jlanik @ waldrepllp.com

Jennifer Barker Lyday
Waldrep LLP
101 S. Stratford Road
Suite 210
Winston-Salem, NC 27104
336-717-1283
Fax : 336-717-1340
Email:
 notice @ waldrepllp.com

Max Schlan
Cooley LLP
55 Hudson Yards
New York, NY 10001
212-479-6145
Fax : 212-479-6275
Email:
 jindyke @ cooley.com

Thomas W. Waldrep, Jr.
Waldrep LLP
101 S. Stratford Road
Suite 210
Winston-Salem, NC 27104
336-717-1440
Fax : 336-717-1340
Email:
 notice @ waldrepllp.com

What is the BankruptcyObserver.com Database?

All bankruptcy reporting services in the United States are based on data initially published on PACER. BankruptcyObserver actively monitors all 95 US bankruptcy courts for newly filed bankruptcy cases and newly added bankruptcy docket entries, adding new bankruptcy data hourly. BankruptcyObserver's database of bankruptcy information includes all bankruptcies filed since 2005 (and many cases from before this date) which amounts to millions of bankruptcy cases and hundreds of millions of bankruptcy docket entries.

Anyone who has tried accessing bankruptcy data using PACER will attest to the fact that the service is not easy to use. There are nearly one hundred separate servers that might hold the data that you need and the forms you can use to query the data are very limiting. BankruptcyObserver makes the process of finding and monitoring bankruptcy cases easy. We have one database and we make the data easily accessible through an easy-to-use online interface. We also keep the data up to date, updating the bankruptcy cases every night and alerting subscribers to any changes every weekday (including holidays).

BankruptcyObserver.com offers the option of subscribing to monitor a single bankruptcy case or subscribing to access the entire bankruptcy database. Daily emails are provided updating subscribers on activities in any cases that they are monitoring and on new bankruptcy case filings.


All subscriptions to this site renew monthly. You can cancel at any time.