Filing Alert: Essential Minerals Chapter 11
Essential Minerals Files Chapter 11 in District of Delaware
Essential Minerals, LLC, a New Castle, DE-based manufacturer of high-purity calcium carbonate, oxide, and hydroxide products for the food and pharmaceutical industries, filed for Chapter 11 protection on Mar. 10 in the U.S. Bankruptcy Court for the District of Delaware.
The company reports $6 million in assets and $12 million in liabilities. The filing indicates that there will be funds available for distribution to unsecured creditors. The case number is 25-10430.
Top Unsecured Claims
Key Parties
Counsel:
- Ronald S. Gellert
- Gellert Seitz Busenkell & Brown, LLC
- Email: rgellert@gsbblaw.com
Signatories:
- David Snyder – Chief Executive Officer
Equity Security Holders:
- Top Dawg Holdings Inc. – 92.0% Equity Interest
- Keith Ulm – 4.0% Equity Interest
- Michael D. Davis Irrevocable Trust – 3.0% Equity Interest
- Clint DeWitt – 0.5% Equity Interest
- Jason DeWitt – 0.5% Equity Interest
Bondoro Insights is continuing to monitor this case and will provide further coverage as appropriate.
Stay informed on every Chapter 11 bankruptcy case with liabilities exceeding $10 million. Subscribe for free to have our coverage delivered directly to your inbox, and explore our full archive of past summaries.
If you're already a subscriber and would like to receive timely filing alerts, please reach out and we'll add you to the distribution list.
