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.
ADVANCED SPORTS ENTERPRISES, INC. Bankruptcy Docket Header
JNTADMN, LEAD |
Middle District of North Carolina (Durham)
Bankruptcy Petition #: 18-80856
Assigned to: Bankruptcy Judge Benjamin A. Kahn Chapter 11 Voluntary Asset |
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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 |
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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 |