Bankruptcy Reorganization Chapter 11

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Bankruptcy Reorganization Chapter 11

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June 27, 2013

Mercantile Bancorp, Inc. Files For Chapter 11

  • Debtor Name:  Mercantile Bancorp, Inc.
  • Year Filed:  2013
  • Jurisdiction:  United States Bankruptcy Court / District of Delaware
  • Asset Size:  10,000,000 to 100,000,000
  • Case Number:  13-11634
  • Industry:  Financial Services

The Quincy, Illinois-based bank holding company is represented by DLA Piper LLP (US).

According to the Declaration, the Debtor has principal indebtedness of approximately $62 million and attributes the Chapter 11 filing to the "unprecedented deterioration of the financial markets in 2007 and 2008".


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