California-based HI Wind Down Corporation, formerly known as Humanoids, Inc., a well-known comic book publisher, has filed for bankruptcy. The corporation filed under Chapter 7, indicating that it will enter into the liquidation process.
HI Wind Down Corporation Files for Bankruptcy Protection
According to PacerMonitor, HI Wind Down Corporation filed with the U.S. Bankruptcy Court in Delaware on October 13. David M. Klauder from Bielli & Klauder, LLC, is the legal representative of the corporation, as per the details mentioned under case 1:25-bk-11828.
Klauder also filed the required Corporate Ownership Statement on October 13. The statement listed the names that own or control HI Wind Down Corporation.
Following the filing, Klauder submitted the Chapter 7 bankruptcy petition on behalf of the corporation.
The estimated assets of the business are between $0 – $50,000. The liabilities of HI Wind Down Corporation are within the range of $10,000,001 to $50 million. Its total number of creditors is between 1 and 49. The company is not sure if it will be able to repay unsecured creditors due to limited assets.
HI Wind Down Corporation is located at 6464 Sunset Blvd. Suite 1180, Los Angeles, CA 90028. Although based in California, the company filed in Delaware, where its parent firm, HC Wind Down Corporation, which is headquartered in Delaware, had already initiated proceedings.
The bankruptcy filing of HI Wind Down Corporation signals a notable moment for the California business. With liabilities far exceeding assets, the Chapter 7 filing confirms the company’s closure.
