WV Transport Company, Medford Trucking, LLC, runs out of road and seeks Chapter 11 protection

By: Matthew B. Smith, Law Clerk

 

Medford Trucking, LLC filed for voluntary Chapter 11 bankruptcy in the United States Bankruptcy Court for the Southern District of West Virginia on June 27th, 2014.  The case has been assigned to the Honorable Robert G. Pearson under case number 2:14-bk-20354 .

heavy-truck-bigDebtor claims assets of less than $50,000 with liabilities of less than $50,000.  However the enumerated claims exceed $1 million.  Among the debtor’s 19 creditors are Petroleum Products, Inc., American Express, Bank of America, and several other companies and law firms.  Debtor is represented by Brian R. Blickenstaff of Turner & Johns, PLLC from Charleston, West Virginia.

Debtor is a transport company that was founded in 2001 and headquartered in Charleston, West Virginia.  Debtor has operated as many as 82 tractor-trailer rigs, and employed as many as 160 drivers.  Debtor carries a USDOT Number permitting it to haul non-hazardous materials within the state of West Virginia.  Debtor specializes in light freight and coal hauling.

Advertisements

About Salene Mazur Kraemer

As a seasoned commercial bankruptcy lawyer and turnaround business consultant, I aim to solve problems and make businesses even better. I am a mom of two, a runner, & photographer.

Posted on July 1, 2014, in Chapter 11 Debtors, small business debtor cases, west virginia, WV Chapter 11 Debtors. Bookmark the permalink. Leave a comment.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: