ROYAL DEVELOPMENT, INC Bankruptcy Filing
Basic Information on ROYAL DEVELOPMENT, INC Bankruptcy
ROYAL DEVELOPMENT, INC filed a 11 chapter bankruptcy in the Eastern District of New York bankruptcy court on April 19, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-41689.
The bankruptcy petition for ROYAL DEVELOPMENT, INC showed assets in the range of $10MM - $50MM with liabilities in the range of $1MM - $10MM. ROYAL DEVELOPMENT, 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 ROYAL DEVELOPMENT, INC Bankruptcy:
ROYAL DEVELOPMENT, 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.
ROYAL DEVELOPMENT, INC Bankruptcy Docket Header
SmBus, SmBusPlnDue, SmBusDsclsDue |
Eastern District of New York (Brooklyn)
Bankruptcy Petition #: 1-24-41689
Assigned to: Chapter 11 Voluntary Asset |
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Debtor Royal Development, Inc 9829 Ditmas Ave Brooklyn, NY 11235 KINGS-NY Tax ID / EIN: 11-3138437 |
rep. by |
Alla Kachan
Law Offices of Alla Kachan P.C. 2799 Coney Island Avenue Ste Unit 202 Brooklyn, NY 11235 718-513-3145 Email: alla @ kachanlaw.com |
U.S. Trustee Office of the United States Trustee Eastern District of NY (Brooklyn) Alexander Hamilton Custom House One Bowling Green Room 510 New York, NY 10004-1408 (212) 206-2580 |