AKG TRADING (USA), INC. Bankruptcy Filing

AKG TRADING (USA), INC. Bankruptcy Date

AKG TRADING (USA), INC. filed a 7 chapter bankruptcy in the Central District of California bankruptcy court on April 12, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-10926.

AKG TRADING (USA), INC. Bankruptcy Information

The bankruptcy petition for AKG TRADING (USA), INC. showed assets in the range of $100,001-$1,000,000 with liabilities in the range of $100MM - $500MM. AKG TRADING (USA), INC. reports that the number of creditors is in the range of 1-49.

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 AKG TRADING (USA), INC. Bankruptcy:

AKG TRADING (USA), 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.

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AKG TRADING (USA), INC. Bankruptcy Docket Header


Assigned to: Scott C Clarkson
Chapter 7
Voluntary
No asset

Date filed:  04/12/2024
341 meeting:  05/16/2024

Debtor
AKG Trading (USA), Inc.
16520 Bake Parkway
Suite 230
Irvine, CA 92618-4668
ORANGE-CA
Tax ID / EIN: 36-4798386
dba Cimstone

rep. by Cole F. Nicholas
Greenberg Glusker Fields Claman
2049 Century Park East
Suite 2600
Los Angeles, CA 90067
310-785-6879
Email:
 cnicholas @ greenbergglusker.com

Trustee
Weneta M.A. Kosmala (TR)
c/o Law Offices of Weneta M.A. Kosmala
4425 Jamboree Rd., Suite 183
Newport Beach, CA 92660
(714) 708-8190

   
U.S. Trustee
United States Trustee (SA)
411 W Fourth St., Suite 7160
Santa Ana, CA 92701-4593
(714) 338-3400
   

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