AXIAL R/C INC. Bankruptcy Filing
Basic Information on AXIAL R/C INC. Bankruptcy
AXIAL R/C INC. filed a 7 chapter bankruptcy in the District of Delaware bankruptcy court on January 10, 2018. This is a voluntary filing; it was assigned the bankruptcy case number #18-10056.
The bankruptcy petition for AXIAL R/C INC. showed assets in the range of $10MM - $50MM with liabilities in the range of $100MM - $500MM. AXIAL R/C 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 AXIAL R/C INC. Bankruptcy:
AXIAL R/C 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.
AXIAL R/C INC. Bankruptcy Docket Header
VerifDue, PlnDue, DsclsDue |
District of Delaware (Delaware)
Bankruptcy Petition #: 18-10056-KG
Assigned to: Kevin Gross Chapter 11 Voluntary Asset |
|
Debtor Axial R/C Inc. 26022 Pala Mission Viejo, CA 92691 ORANGE-CA Tax ID / EIN: 45-4060233 |
rep. by |
Robert J. Dehney
Morris, Nichols, Arsht & Tunnell 1201 N. Market Street P O. Box 1347 Wilmington, DE 19899-1347 (302) 658-9200 Fax : (302) 658-3989 Email: rdehney @ mnat.com |
U.S. Trustee U.S. Trustee Office of the United States Trustee J. Caleb Boggs Federal Building 844 King Street, Suite 2207 Lockbox 35 Wilmington, DE 19801 (302)-573-6491 |