The Debtor operates five franchised Midas automobile repair shops. $1.72 million in liabilities.
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Satisfied Brake Products, Inc. filed for Chapter 15 yesterday at the United States Bankruptcy Court for the Eastern District of Kentucky. The Debtor manufactures and sells brake pads and shoes along five product lines.
The Dorval Quebec-based Debtor is represented by Greenebaum Doll & McDonald PLLC. The Debtor is subject to an insolvency proceeding filed in January under the Canadian Bankruptcy and Insolvency Act. The primary event leading to the proceeding was a 2010 United States District Court injunction which prevented the Debtor from continuing operations on most of its products. According to a Trustees Statement, "the Injunction essentially put Foreign Debtor out of business". An emergency motion to terminate the Injunction is currently pending at the United States Court of Appeals for the Sixth Circuit.
Debtor Name: Satisfied Brake Products, Inc.
Year Filed: 2011
Jurisdiction: United States Bankruptcy Court / ED of KY
Asset Size: 10,000,000 to 100,000,000
Case Number: 11-51427
Industry: Automobile/Auto Parts/Services, Manufacturing
www.chapter11library.com
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Moore Jaguar/Aston Martin, Inc. filed for chapter 11 yesterday at the United States Bankruptcy Court for the Eastern District or Missouri. The Debtor, based in Saint Louis, MO, is represented by Goldstein & Pressman, P.C.
The petition lists assets and liabilities of less than $10 million.
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