A commercial printing company based in Las Vegas, Nevada, has filed for bankruptcy protection. Las Vegas Color Graphics, Inc. made the filing on November 5 in the District of Nevada. The filing follows mounting debt reported in the company’s bankruptcy petition.
Las Vegas Color Graphics, Inc. Seeks Bankruptcy Protection
According to Pacer, the full-service printing company filed its petition with the U.S. Bankruptcy Court for the District of Nevada. The Chapter 11 filing allows the company to restructure its debt and continue operations while it develops a reorganization plan.
Eran Salu, the company’s sole director, authorized the Chapter 11 filing on November 5. Teresa Pilatowicz from Garman Turner Gordon LLP is the printing company’s attorney for the bankruptcy proceedings.
The Nevada-based company, which is classified as a privately owned printing service, has stated that its assets are in the range of $1 million to $10 million. Las Vegas Color Graphics, Inc.’s liabilities are between $10 million and $50 million, the filing shows.
Court records show the company lists between 100 and 199 creditors. Employer Solutions Services, Inc., Hewlett-Packard Financial Services, and the Nevada Department of Taxation, Indigo America (printing equipment), and UCP Staffing are among Las Vegas Color Graphics, Inc.’s 20 biggest lenders.
The privately owned Las Vegas Color Graphics, Inc. is based at 4265 W. Sunset Road, Las Vegas, NV 89118.
Case Filing and Court Proceedings
It should be noted here that as its main office and assets are based in Nevada, the printing firm has filed for bankruptcy in the U.S. Bankruptcy Court for the District of Nevada. Key details are as follows:
- Case Number: 25-16697-nmc
- Chapter Filed: Chapter 11 (Reorganization)
- Business Type: Corporation
- Parent Company: ColorArt, LLC
As proceedings move forward, the company aims to stabilize its finances and maintain its presence in Nevada’s printing industry.
