GASTONIA, N.C. — An appointee of the U.S. Department of Justice is seeking to throw out the Gastonia Honey Hunters owner’s Chapter 11 bankruptcy case.
Acting U.S. Trustee Gerard Vetter motioned earlier this month to dismiss NC Gas House Gang LLC’s case. The motion argued that a dismissal would be in the best interest of creditors in the case. Vetter’s motion highlights that the entity, which is led by Honey Hunters owner Brandon Bellamy, has struggled to obtain and maintain proper insurance. In the alternative to dismissal, Vetter’s motion seeks to convert the case to a Chapter 7 liquidation.
Vetter made the motion on Jan. 8. The motion argued that NC Gas House Gang’s total assets — which the entity recently reported to be $8,615 — cannot come close to satisfying its $2.5 million in liabilities.
A judge will make a ruling on Feb. 12.
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