Mercantile Bancorp, Inc.  Bankruptcy New Filing Alert: Motion For Authority To Abandon Assets Of The Debtor’S Estate

On April 7, 2015, a motion for authority to abandon assets of the debtor’s estate was filed in the bankruptcy case of Mercantile Bancorp, Inc.  and its affiliates.

The filing was assigned docket number 495 and is described on the court’s official docket as follows:

Motion to Authorize Motion of the Responsible Person for Entry of an Order Authorizing the Abandonment of Valueless Stock in Certain Subsidiaries Nunc Pro Tunc as of December 31, 2014 Filed by AEG Partners LLC (in its capacity as the fiduciary responsible for administering the estate of Mercantile Bancorp, Inc.). Hearing scheduled for 5/19/2015 at 10:15 AM at US Bankruptcy Court, 824 Market St., 5th Fl., Courtroom #5, Wilmington, Delaware. Objections due by 5/12/2015. (Attachments: # (1) Notice # (2) Exhibit A-Proposed Order # (3) Exhibit B-Morrison Declaration # (4) Certificate of Service) (Pacitti, Domenic)

Mercantile Bancorp, Inc.  filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on June 27, 2013. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Delaware. The case number for the lead bankruptcy case is 13-11634. The bankruptcy case is currently assigned to United States Bankruptcy Judge Kevin Carey. The law firm of DLA Piper US LLP is acting as lead bankruptcy counsel to Mercantile Bancorp, Inc.  in the bankruptcy case.


Leave a Reply