MAGNET FORCE, LLC Bankruptcy Filing
Basic Information on MAGNET FORCE, LLC Bankruptcy
MAGNET FORCE, LLC filed a 11 chapter bankruptcy in the District of Delaware bankruptcy court on November 15, 2017. This is a voluntary filing; it was assigned the bankruptcy case number #17-12449.
The bankruptcy petition for MAGNET FORCE, LLC showed assets in the range of $1MM - $10MM with liabilities in the range of $100MM - $500MM. MAGNET FORCE, LLC reports that the number of creditors is in the range of 50-99.
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 MAGNET FORCE, LLC Bankruptcy:
MAGNET FORCE, 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.
MAGNET FORCE, LLC Bankruptcy Docket Header
CLMSAGNT, JNTADMN, CLOSED |
District of Delaware (Delaware)
Bankruptcy Petition #: 17-12449-KJC
Assigned to: Kevin J. Carey Chapter 11 Voluntary Asset Debtor disposition: Discharge Not Applicable |
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Debtor MAGNET Force, LLC 10571 Los Alamitos Boulevard Los Alamitos, CA 90720 ORANGE-CA Tax ID / EIN: 45-2192635 |
rep. by |
Norman L. Pernick
Cole Schotz P.C. 500 Delaware Avenue, Suite 1410 Wilmington, DE 19801 302-652-3131 Fax : 302-652-3117 Email: npernick @ coleschotz.com Patrick J. Reilley Cole Schotz P.C. 500 Delaware Avenue, Suite 1410 Wilmington, DE 19801 302-652-3131 Fax : 302-652-3117 Email: preilley @ coleschotz.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 |
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Claims Agent Donlin, Recano & Co., Inc. www.donlinrecano.com 6201 15th Avenue Brooklyn, NY 11219 212-481-1411 |