RESERVOIR ASSOCIATES , LTD. Bankruptcy Filing

RESERVOIR ASSOCIATES , LTD. Bankruptcy Date

RESERVOIR ASSOCIATES , LTD. filed a 7 chapter bankruptcy in the District of New Jersey bankruptcy court on September 15, 2023. This is a voluntary filing; it was assigned the bankruptcy case number #23-18073.

RESERVOIR ASSOCIATES , LTD. Bankruptcy Information

The bankruptcy petition for RESERVOIR ASSOCIATES , LTD. showed assets in the range of $1MM - $10MM with liabilities in the range of $10MM - $50MM. RESERVOIR ASSOCIATES , LTD. reports that the number of creditors is in the range of 100-199.

The debtor indicated their nature of business as Single Asset Real Estate. 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 RESERVOIR ASSOCIATES , LTD. Bankruptcy:

RESERVOIR ASSOCIATES , LTD. 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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RESERVOIR ASSOCIATES , LTD. Bankruptcy Docket Header

DISMISSED




U.S. Bankruptcy Court
District of New Jersey (Newark)
Bankruptcy Petition #: 23-18073-RG

Assigned to: Judge Rosemary Gambardella
Chapter 7
Voluntary
No asset


Debtor disposition:  Dismissed for Other Reason
Date filed:  09/15/2023
Debtor dismissed:  10/04/2023
341 meeting:  10/23/2023

Debtor
Reservoir Associates , Ltd.
440 West 15th Street
New York, NY 10011
ESSEX-NJ
Tax ID / EIN: 22-2089101
dba Reservoir Site Townhouses

 rep. by S. Jason Teele
Sills Cummis & Gross P.C.
The Legal Center
One Riverfront Plaza
Newark, NJ 07102
973-643-4779
Email:
 steele @ sillscummis.com

Trustee
Nancy Isaacson
Greenbaum, Rowe, Smith & Davis LLP
75 Livingston Ave
Suite 301
Roseland, NJ 07068-3701
(973) 535-1600

 rep. by Nancy Isaacson
Greenbaum, Rowe, Smith & Davis LLP
75 Livingston Ave
Suite 301
Roseland, NJ 07068-3701
(973) 535-1600
Fax : 973-535-1698
Email:
 nisaacson @ greenbaumlaw.com

U.S. Trustee
U.S. Trustee
US Dept of Justice
Office of the US Trustee
One Newark Center Ste 2100
Newark, NJ 07102
(973) 645-3014 		   

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