On April 27, 2015, a required bankruptcy report regarding schedules of assets and liabilities, statement of financial affairs, monthly operating report or other periodic report was filed in the bankruptcy case of Credit-Based Asset Servicing and Securitization LLC (a/k/a C-BASS) and its affiliates.
The filing was assigned docket number 704 and is described on the court’s official docket as follows:
Post-Confirmation Report. Post-Confirmation Quarterly Operating Report for the Period from January 1, 2015 to March 31, 2015. Filed by Mark T. Power on behalf of The Liquidation Trustee of the C-BASS Liquidation Trust. (Power, Mark)
Credit-Based Asset Servicing and Securitization LLC (a/k/a C-BASS) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on November 12, 2010. The bankruptcy case is pending before the United States Bankruptcy Court for the Southern District of New York . The case number for the lead bankruptcy case is 10-16040. The bankruptcy case is currently assigned to United States Bankruptcy Judge Allan Gropper. The law firm of Hunton & Williams LLP is acting as lead bankruptcy counsel to Credit-Based Asset Servicing and Securitization LLC (a/k/a C-BASS) in the bankruptcy case.