| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
264 |
| Employees |
- |
| Revenues (TTM) (Millions $) |
212 |
| Net Income (TTM) (Millions $) |
860 |
| Cash Flow (TTM) (Millions $) |
132 |
| Capital Exp. (TTM) (Millions $) |
16 |
Business Description
HGR Liquidating Trust is a legal entity that was created as a result of the bankruptcy of HGR Group, Inc. It was established to manage and distribute assets that remained after the company filed for bankruptcy. The HGR Liquidating Trust is managed by a trustee who oversees the liquidation process and ensures that assets are distributed to creditors and shareholders in accordance with the bankruptcy court's orders.
The HGR Liquidating Trust was created on July 16, 2012, after HGR Group, Inc. filed for bankruptcy in the United States Bankruptcy Court, District of Delaware. The Trust was formed to liquidate certain assets of HGR Group, Inc. and distribute the proceeds to its creditors.
HGR Liquidating Trust holds a diverse set of assets, such as machinery, equipment, vehicles, and intellectual property. These assets are located in various parts of the United States and have been appraised to determine their current market value. The Trust has also identified potential claims against third parties that may provide additional resources for distribution to creditors.
The Trustee, with the assistance of legal and financial advisors, has been working since the creation of the HGR Liquidating Trust to maximize the value of the assets it holds. The Trustee has been responsible for managing the assets, monitoring ongoing litigation, and pursuing potential claims against third parties.
The distribution of the assets held by the HGR Liquidating Trust is subject to the approval of the U.S Bankruptcy Court, District of Delaware. Claims against the HGR Liquidating Trust were accepted until the court-established deadline. The Trust is required to follow the bankruptcy code and distribute assets in accordance with the priorities established by the court. The Trustee's primary responsibility is to make distributions to the creditors who have filed claims in the bankruptcy case.
Overall, the HGR Liquidating Trust serves as a vehicle through which the remaining assets of HGR Group, Inc. can be distributed to creditors and shareholders. The Trustee and the legal and financial advisors work together to ensure that the liquidation process is carried out in a fair and efficient manner.
Company Address: 2800 Post Oak Boulevard Houston 77056 TX
Company Phone Number: 220-6121 Stock Exchange / Ticker: HNGL
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