RATH RACING, INC. Bankruptcy Filing
Basic Information on RATH RACING, INC. Bankruptcy
RATH RACING, INC. filed a 11 chapter bankruptcy in the District of Minnesota bankruptcy court on April 22, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-41056.
The bankruptcy petition for RATH RACING, INC. showed assets in the range of $100,001-$1,000,000 with liabilities in the range of $1MM - $10MM. RATH RACING, 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 RATH RACING, INC. Bankruptcy:
RATH RACING, INC. indicated on its bankruptcy petition that it expects there will be sufficient assets in the estate to make a payment to the unsecured creditors.
RATH RACING, INC. Bankruptcy Docket Header
Subchapter_V, SmBus |
District of Minnesota (Minneapolis)
Bankruptcy Petition #: 24-41056
Assigned to: Judge William J Fisher Chapter 11 Voluntary Asset Small Business |
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Debtor 1 RATH RACING, INC. 1459 ADAMS ST SE Hutchinson, MN 55350 MCLEOD-MN Tax ID / EIN: 41-1992171 |
rep. by |
John D. Lamey, III
Lamey Law Firm, P.A. 980 Inwood Ave N Oakdale, MN 55128 651-209-3550 Email: bankrupt @ lameylaw.com |
U.S. Trustee US Trustee 1015 US Courthouse 300 S 4th St Minneapolis, MN 55415 612-334-1350 |