Leading Edge Logistics, LLC
Leading Edge Logistics, LLC and its affiliated debtor entities, (Leading Edge), provided non-asset based third party logistic services in the United States, Canada, Mexico and Puerto Rico. Leading Edge filed for protection under Chapter 7 of the Bankruptcy code on May 19, 2014.
At the time of filing, scheduled assets were believed to be $16,720,274.99 ($16,370,660.45 of this being accounts receivable).
PNC Bank has a first lien security interest in the accounts receivable. All information related to the collection of AR has been turned over to PNC.
The remaining assets of the estate are less than $10 million. Therefore, the reporting requirements for Chapter 7 large cases does not apply.