Thursday, November 15, 2012

AMF Bowling Worldwide, Inc. Files for Bankruptcy Protection ...

Richmond, Virginia.? AMF Bowling Worldwide, Inc. (?AMF Bowling?) filed for protection under chapter 11 of the Bankruptcy Code as the bowling-alley operator struggled to reorganize its debt.? AMF Bowling?s bankruptcy petition indicated that it has 1,000 to 5,000 creditors, assets estimated at $100,000,000 to $500,000,000, and liabilities estimated at $100,000,000 to $500,000,000.

Bankruptcy petitions were also filed by affiliates of AMF Bowling including 300, Inc., American Recreation Centers, Inc., AMF BCH LLC, AMF Beverage Company of Oregon, Inc., AMF Bowling Centers Holdings Inc., AMF Bowling Centers, Inc., AMF Bowling Mexico Holding, Inc., AMF Holdings, Inc., AMF WBCH LLC, AMF Worldwide Bowling Centers Holdings Inc., Boliches AMF, Inc., Bush River Corporation, King Louie Lenexa, Inc., Kingpin Holdings, LLC, and Kingpin Intermediate Corp.? AMF Bowling seeks to have these cases jointly administered under its chapter 11 case numbered 12-36495.? The bankruptcy case is to be presided over by Chief Judge Douglas O. Tice, Jr.? Proposed counsel for AMF Bowling are the law firms of McGuire Woods LP and Kirkland & Ellis LLP.

AMF Bowling listed its 30 largest unsecured creditors as:

  1. U.S. Foods, Inc., $329,176
  2. Advantage IQ Inc., $251,836
  3. Environmental Waste Solutions Inc., $89,499
  4. Corporate Cleaning, $78,396
  5. Granite Telecommunications LLC, $74,604
  6. Harriet Gall, $72,612
  7. Oakridge Mall, LP, $71,760
  8. Route Realty, $61,833
  9. Coverall North America Inc., $59,375
  10. Pasadena-Hastings Center, $53,991
  11. Staples Technology Solutions, $47,584
  12. Cohber Press Inc., $46,608
  13. Playa Lincoln, LP, $37,782
  14. Hockenbergs Equipment & Supply Co., $34,664
  15. Kronos Talent Management Inc., $33,545
  16. Kegel Company Inc., $32,855
  17. Ecolab Pest Elimination Service, $32,518
  18. Llewellyn & Co. Properties, Landlord $31,550
  19. Kegler?s Of Charlottesville, $30,778
  20. Bowling Music Network, $29, 673
  21. Star Fresno Properties, LLC, $28,375
  22. Active West, Inc., $27,210
  23. Goldstone Project Management, LLC, $27,023
  24. Fedele Corporation LLC, $25,000
  25. MetLife, $21,501
  26. Green Realty Corp., $21,369
  27. Framlike Realty Corp., $21,250
  28. Beverly Plaza Partnership, $20,833
  29. UNUM Life Insurance Co. of America Corp., $20,243
  30. Mannington Commercial, $19,828

The hearing on AMF Bowling?s first day motions is scheduled for November 13th at 3:00 p.m. in the courtroom of Chief Judge Tice located in the U.S. Bankruptcy Court, U. S. Courthouse, 701 E. Broad St., Room 5100, Richmond, VA 23219.

With offices in Richmond, Virginia, Ronald Page, PLC has extensive experience representing secured and unsecured creditors in bankruptcy proceedings.? Please contact Ronald Page, a Richmond Virginia Bankruptcy Attorney, if you need assistance protecting your interests in AMF Bowling?s bankruptcy.

Source: http://rpagelaw.com/amfbankruptcy/1242

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