Xenonics Holdings, Inc. filed a voluntary petition for liquidation under Chapter 7 in the US Bankruptcy Court for the Southern District of California on March 10, 2016. The debtor listed its assets of $0.07 million and liabilities of $4.99 million. The largest unsecured creditors include TroyGould PC, Neil G Berkman Associates, Eklund Properties, Inc., Colex and Associates, Inc., ZB, National Association, Austin Precision Products Inc., RR Donnelly Financial Inc, LightWave PDL Inc., Cuker Interactive LLC and Singer Lewak LLP.

The debtor is represented by Michael D. Breslauer of Solomon Ward Seidenwurm & Smith, LLP as legal counsel. Ronald E. Stadtmueller has been appointed as the Chapter 7 Trustee. Gary B. Rudolph and James P. Hill of Sullivan Hill Lewin Rez & Engel represented the trustee as legal counsels at an hourly rate of $550 and Ronald E. Stadtmueller.

Ronald E. Stadtmueller has also been appointed as legal advisor to the trustee.