Most creditors will have received this but I’m posting a summary on this site just in case.
Basically there has been a Chapter 7 Trustee’s motion to dismiss SSG’S file for liquidation. Randy W. Williams has based his case for dismissal on these points (again a summary):
– There are a number of inconsistencies in the filing and a number of practical factors that favor dismissal of this case. The inconsistencies are that the Debtor’s legal name is not St Stephens the Great LLC.
– There is no St Stephens the Great LLC or a dba for anyone to operate under that name. The legal name of the entity alleged to be the Debtor in this case is St Stephens the Great, which is the same name as a registered in the United Kingdom. And while there do appear to be two separate St Stephens the Great entities, the information provided to the Trustee is that the taxpayer identification number given for the Debtor is the same number for the registered charity.
– The petition states that the Debtor is not for profit entity under the Internal Revenue Code, but the Debtor has no Internal Revenue Service Employee Identification Number.
It then goes on to argue the case of SSG operating in England and Wales and the practical considerations of creditors attending hearings in America.
Wish I could scan the whole thing but I can’t.
The entire document can now be downloaded here: electronic-bankruptcy-notice-ssg.pdf — as the filename indicates, it’s a pdf so you’ll need a pdf reader to open it. At just under 752kb it’s a fairly hefty file: if you’re on dial-up you’re in for a bit of a wait…