Filing Alert: Elite Equipment Leasing Chapter 11
Elite Equipment Leasing Files Chapter 11 in District of Montana
Elite Equipment Leasing, LLC and its debtor affiliates⁽¹⁾, a Billings, MT-based crane-rental group, filed for Chapter 11 protection on Sep. 7 in the U.S. Bankruptcy Court for the District of Montana.
The company reports $10 million to $50 million in both assets and liabilities. The filing indicates that no funds will be available for distribution to unsecured creditors after administrative expenses are paid. The case number is 25-10145.
⁽¹⁾ For a complete list of debtor entities, see the Chapter 11 Debtors table.
Chapter 11 Debtors
Top Unsecured Claims
Key Parties
Co-Bankruptcy Counsel:
- James A. Patten
- Patten, Peterman, Bekkedahl & Green, PLLC
- Email: APatten@ppbglaw.com
Co-Bankruptcy Counsel:
- Lesnick Prince Pappas & Alverson LLP
Special Corporate and Transactional Counsel:
- Garrett Stiepel Ryder LLP
Financial Advisor / CRO:
- SierraConstellationPartners, LLC (Curt Kroll)
Signatories:
- Darrell Shaw – Member and Manager
Claims Agent:
Equity Security Holders:
- Darrell Shaw – 100% Equity Interest
Bondoro Insights is continuing to monitor this case and will provide further coverage as appropriate.
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