PRIME CAPITAL VENTURES, LLC Bankruptcy Filing

PRIME CAPITAL VENTURES, LLC Bankruptcy Date

PRIME CAPITAL VENTURES, LLC filed a 11 chapter bankruptcy in the Northern District of New York bankruptcy court on May 14, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-10531.

PRIME CAPITAL VENTURES, LLC Bankruptcy Information

The bankruptcy petition for PRIME CAPITAL VENTURES, LLC showed assets in the range of $10MM - $50MM with liabilities in the range of $100MM - $500MM. PRIME CAPITAL VENTURES, LLC 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 PRIME CAPITAL VENTURES, LLC Bankruptcy:

PRIME CAPITAL VENTURES, LLC indicated on its bankruptcy petition that it expects there will be sufficient assets in the estate to make a payment to the unsecured creditors.

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PRIME CAPITAL VENTURES, LLC Bankruptcy Docket Header

ProHacVice, DsclsDue, PlnDue




U.S. Bankruptcy Court
Northern District of New York (Albany)
Bankruptcy Petition #: 24-10531-1-rel

Assigned to: Robert E. Littlefield Jr.
Chapter 11
Voluntary
Asset

Date filed:  05/14/2024
341 meeting:  08/12/2024
Deadline for filing claims:  08/12/2024
Deadline for filing claims (govt.):  11/11/2024

Debtor
Prime Capital Ventures, LLC
c/o Paul A. Levine, as Receiver
Lemery Greisler LLC
677 Broadway, 8th Floor
Albany, NY 12207
ALBANY-NY
Tax ID / EIN: 87-4340258

rep. by Stephen A. Donato
Bond, Schoeneck & King, PLLC
One Lincoln Center
Syracuse, NY 13202-1355
(315) 218-8000
Fax : 315-218-8100
Email:
 sdonato @ bsk.com

Pieter H.B. Van Tol, III
Hogan Lovells US LLP
390 Madison Avenue
New York, NY 10017
212-909-0661
Fax : 212-918-3100
Email:
 pieter.vantol @ hoganlovells.com

U.S. Trustee
U.S. Trustee
Office of the U.S. Trustee
Leo W. O'Brien Federal Building
11A Clinton Ave, Room 620
Albany, NY 12207
   

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