Xceligent Goes Down, To Liquidate In Bankruptcy

Law360, New York (December 15, 2017, 8:30 PM EST) -- Commercial real estate listing firm Xceligent Inc. on Friday filed for Chapter 7 bankruptcy in a Delaware bankruptcy court after a year of legal fights with a rival listing service.

The Blue Springs, Missouri-based company said in its petition that it has more than $50 million in liabilities, more than 5,000 creditors, less than $10 million in assets and insufficient financial resources to continue operations.

Representatives for Xceligent did not immediately respond to requests for comment on Friday.

The company, which was founded in 1999 and provided information on commercial real estate across the United States, has been embroiled in a...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Attached Documents

Related Sections

Law Firms

Companies

Government Agencies

Judge Analytics

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!