12-50075-lmc Doc#1 Filed 01/03/12 Entered 01/03/12 15:55:46 Main Document Pg 1 of 9

B1 (Official Form 1) (12/11)

United States Bankruptcy Court WESTERN DISTRICT OF TEXAS SAN ANTONIO DIVISION
Name of Debtor (if individual, enter Last, First, Middle): Name of Joint Debtor (Spouse) (Last, First, Middle):

Voluntary Petition

Atled, Ltd.
All Other Names used by the Debtor in the last 8 years (include married, maiden, and trade names): All Other Names used by the Joint Debtor in the last 8 years (include married, maiden, and trade names):

Last four digits of Soc. Sec. or Individual-Taxpayer I.D. (ITIN)/Complete EIN (if more than one, state all): 20-3608621 Street Address of Debtor (No. and Street, City, and State):

Last four digits of Soc. Sec. or Individual-Taxpayer I.D. (ITIN)/Complete EIN (if more than one, state all): Street Address of Joint Debtor (No. and Street, City, and State):

2001 S. Laredo St. San Antonio, TX

ZIP CODE ZIP CODE County of Residence or of the Principal Place of Business: Mailing Address of Joint Debtor (if different from street address):

78207
County of Residence or of the Principal Place of Business:

Bexar
Mailing Address of Debtor (if different from street address):

ZIP CODE Location of Principal Assets of Business Debtor (if different from street address above):

ZIP CODE

ZIP CODE

Type of Debtor
(Form of Organization) (Check one box.) Individual (includes Joint Debtors) See Exhibit D on page 2 of this form. Corporation (includes LLC and LLP) Partnership Other (If debtor is not one of the above entities, check this box and state type of entity below.)

Nature of Business
(Check one box.) Health Care Business Single Asset Real Estate as defined in 11 U.S.C. 101(51B) Railroad Stockbroker Commodity Broker Clearing Bank Other

Chapter of Bankruptcy Code Under Which the Petition is Filed (Check one box.)
Chapter 7 Chapter 9 Chapter 11 Chapter 12 Chapter 13 Chapter 15 Petition for Recognition of a Foreign Main Proceeding Chapter 15 Petition for Recognition of a Foreign Nonmain Proceeding

Nature of Debts (Check one box.)

Debts are primarily consumer debts, defined in 11 U.S.C. 101(8) as "incurred by an individual primarily for a personal, family, or household purpose." Debts are primarily business debts.

Chapter 15 Debtors
Country of debtor's center of main interests: Each country in which a foreign proceeding by, regarding, or against debtor is pending:

Tax-Exempt Entity
(Check box, if applicable.) Debtor is a tax-exempt organization under title 26 of the United States Code (the Internal Revenue Code).

Filing Fee (Check one box.)

Full Filing Fee attached. Filing Fee to be paid in installments (applicable to individuals only). Must attach signed application for the court's consideration certifying that the debtor is unable to pay fee except in installments. Rule 1006(b). See Official Form 3A. Filing Fee waiver requested (applicable to chapter 7 individuals only). Must attach signed application for the court's consideration. See Official Form 3B.

Check one box:

Chapter 11 Debtors

Debtor is a small business debtor as defined by 11 U.S.C. 101(51D). Debtor is not a small business debtor as defined in 11 U.S.C. 101(51D).

Check if:
Debtor's aggregate noncontigent liquidated debts (excluding debts owed to insiders or affiliates) are less than $2,343,300 (amount subject to adjustment on 4/01/13 and every three years thereafter).

Check all applicable boxes:

A plan is being filed with this petition. Acceptances of the plan were solicited prepetition from one or more classes of creditors, in accordance with 11 U.S.C. 1126(b). THIS SPACE IS FOR COURT USE ONLY

Statistical/Administrative Information

Debtor estimates that funds will be available for distribution to unsecured creditors. Debtor estimates that, after any exempt property is excluded and administrative expenses paid, there will be no funds available for distribution to unsecured creditors. Estimated Number of Creditors 1-49 50-99 100-199 200-999 1,0005,000 5,00110,000 10,00125,000

25,00150,000

50,001100,000

Over 100,000

Estimated Assets $0 to $50,001 to $100,001 to $500,001 $50,000 $100,000 $500,000 to $1 million Estimated Liabilities $0 to $50,001 to $100,001 to $500,001 $50,000 $100,000 $500,000 to $1 million $1,000,001 to $10 million $10,000,001 to $50 million $50,000,001 to $100 million $100,000,001 to $500 million $500,000,001 More than to $1 billion $1 billion

$1,000,001 to $10 million

$10,000,001 to $50 million

$50,000,001 to $100 million

$100,000,001 to $500 million

$500,000,001 More than to $1 billion $1 billion

Computer software provided by LegalPRO Systems, Inc., San Antonio, Texas (210) 561-5300, Copyright 1996-2011 (Build 9.1.25.1, ID 2188319443)

12-50075-lmc Doc#1 Filed 01/03/12 Entered 01/03/12 15:55:46 Main Document Pg 2 of 9

B1 (Official Form 1) (12/11) Page 2
Name of Debtor(s):

Voluntary Petition
(This page must be completed and filed in every case.)

Atled, Ltd.

All Prior Bankruptcy Cases Filed Within Last 8 Years (If more than two, attach additional sheet.)
Location Where Filed: Location Where Filed: Case Number: Case Number: Date Filed: Date Filed:

Pending Bankruptcy Case Filed by any Spouse, Partner or Affiliate of this Debtor
Name of Debtor: District: Case Number: Relationship:

(If more than one, attach additional sheet.)

Date Filed: Judge:

Exhibit A
(To be completed if debtor is required to file periodic reports (e.g., forms 10K and 10Q) with the Securities and Exchange Commission pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 and is requesting relief under chapter 11.)

Exhibit B
(To be completed if debtor is an individual whose debts are primarily consumer debts.) I, the attorney for the petitioner named in the foregoing petition, declare that I have informed the petitioner that [he or she] may proceed under chapter 7, 11, 12, or 13 of title 11, United States Code, and have explained the relief available under each such chapter. I further certify that I have delivered to the debtor the notice required by 11 U.S.C. 342(b).

Exhibit A is attached and made a part of this petition.

X
Date Exhibit C
Does the debtor own or have possession of any property that poses or is alleged to pose a threat of imminent and identifiable harm to public health or safety? Yes, and Exhibit C is attached and made a part of this petition. No.

Exhibit D (To be completed by every individual debtor. If a joint petition is filed, each spouse must complete and attach a separate Exhibit D.) Exhibit D, completed and signed by the debtor, is attached and made a part of this petition. If this is a joint petition: Exhibit D, also completed and signed by the joint debtor, is attached and made a part of this petition. Information Regarding the Debtor - Venue (Check any applicable box.) Debtor has been domiciled or has had a residence, principal place of business, or principal assets in this District for 180 days immediately preceding the date of this petition or for a longer part of such 180 days than in any other District. There is a bankruptcy case concerning debtor's affiliate, general partner, or partnership pending in this District. Debtor is a debtor in a foreign proceeding and has its principal place of business or principal assets in the United States in this District, or has no principal place of business or assets in the United States but is a defendant in an action or proceeding [in a federal or state court] in this District, or the interests of the parties will be served in regard to the relief sought in this District. Certification by a Debtor Who Resides as a Tenant of Residential Property (Check all applicable boxes.) Landlord has a judgment against the debtor for possession of debtor's residence. (If box checked, complete the following.) (Name of landlord that obtained judgment)

(Address of landlord) Debtor claims that under applicable nonbankruptcy law, there are circumstances under which the debtor would be permitted to cure the entire monetary default that gave rise to the judgment for possession, after the judgment for possession was entered, and Debtor has included with this petition the deposit with the court of any rent that would become due during the 30-day period after the filing of the petition. Debtor certifies that he/she has served the Landlord with this certification. (11 U.S.C. 362(l)). Computer software provided by LegalPRO Systems, Inc., San Antonio, Texas (210) 561-5300, Copyright 1996-2011 (Build 9.1.25.1, ID 2188319443)

12-50075-lmc Doc#1 Filed 01/03/12 Entered 01/03/12 15:55:46 Main Document Pg 3 of 9

B1 (Official Form 1) (12/11) Page 3
Name of Debtor(s):

Voluntary Petition
(This page must be completed and filed in every case)

Atled, Ltd.

Signatures
Signature(s) of Debtor(s) (Individual/Joint)
I declare under penalty of perjury that the information provided in this petition is true and correct. [If petitioner is an individual whose debts are primarily consumer debts and has chosen to file under chapter 7] I am aware that I may proceed under chapter 7, 11, 12 or 13 of title 11, United States Code, understand the relief available under each such chapter, and choose to proceed under chapter 7. [If no attorney represents me and no bankruptcy petition preparer signs the petition] I have obtained and read the notice required by 11 U.S.C. 342(b). I request relief in accordance with the chapter of title 11, United States Code, specified in this petition.

Signature of a Foreign Representative

I declare under penalty of perjury that the information provided in this petition is true and correct, that I am the foreign representative of a debtor in a foreign proceeding, and that I am authorized to file this petition. (Check only one box.) I request relief in accordance with chapter 15 of title 11, United States Code. Certified copies of the documents required by 11 U.S.C. 1515 are attached. Pursuant to 11 U.S.C. 1511, I request relief in accordance with the chapter of title 11 specified in this petition. A certified copy of the order granting recognition of the foreign main proceeding is attached.

X X X
Telephone Number (If not represented by attorney) Date Signature of Attorney*
(Signature of Foreign Representative) (Printed Name of Foreign Representative)

Date

Signature of Non-Attorney Bankruptcy Petition Preparer

I declare under penalty of perjury that: (1) I am a bankruptcy petition preparer as defined in 11 U.S.C. 110; (2) I prepared this document for compensation and have provided the debtor with a copy of this document and the notices and information required under 11 U.S.C. 110(b), 110(h), and 342(b); and, (3) if rules or guidelines have been promulgated pursuant to 11 U.S.C. 110(h) setting a maximum fee for services chargeable by bankruptcy petition preparers, I have given the debtor notice of the maximum amount before preparing any document for filing for a debtor or accepting any fee from the debtor, as required in that section. Official Form 19 is attached.

/s/ WILLIAM R. DAVIS, JR.

WILLIAM R. DAVIS, JR.

Langley & Banack, Inc. 745 E Mulberry Ave. Suite 900 San Antonio, TX 78212

Bar No. 05565500

(210) 736-6600 (210) 735-6889 Phone No.______________________ Fax No.______________________

1/3/2012 Date
*In a case in which 707(b)(4)(D) applies, this signature also constitutes a certification that the attorney has no knowledge after an inquiry that the information in the schedules is incorrect. Printed Name and title, if any, of Bankruptcy Petition Preparer

Social-Security number (If the bankruptcy petition preparer is not an individual, state the Social-Security number of the officer, principal, responsible person or partner of the bankruptcy petition preparer.) (Required by 11 U.S.C. 110.)

Signature of Debtor (Corporation/Partnership)

I declare under penalty of perjury that the information provided in this petition is true and correct, and that I have been authorized to file this petition on behalf of the debtor. The debtor requests relief in accordance with the chapter of title 11, United States Code, specified in this petition.

Address

Atled, Ltd.

X
Date
Signature of bankruptcy petiton preparer or officer, principal, responsible person, or partner whose Social-Security number is provided above. Names and Social-Security numbers of all other individuals who prepared or assisted in preparing this document unless the bankruptcy petition preparer is not an individual.

/s/ W. Scott Jensen, Member Signature of Authorized Individual

W. Scott Jensen, Member

Printed Name of Authorized Individual

Delta Produce Management, LLC, Gen Partn

Title of Authorized Individual 1/3/2012 Date
If more than one person prepared this document, attach additional sheets conforming to the appropriate official form for each person. A bankruptcy petition preparer's failure to comply with the provisions of title 11 and the Federal Rules of Bankruptcy Procedure may result in fines or imprisonment or both. 11 U.S.C. 110; 18 U.S.C. 156.

Computer software provided by LegalPRO Systems, Inc., San Antonio, Texas (210) 561-5300, Copyright 1996-2011 (Build 9.1.25.1, ID 2188319443)

12-50075-lmc Doc#1 Filed 01/03/12 Entered 01/03/12 15:55:46 Main Document Pg 4 of 9

UNITED STATES BANKRUPTCY COURT WESTERN DISTRICT OF TEXAS SAN ANTONIO DIVISION
IN RE: Atled, Ltd. CASE NO CHAPTER 11

EXHIBIT "A" TO VOLUNTARY PETITION

20-3608621 1. Debtor's employer identification number is_______________________________________________.

2. If any of debtor's securities are registered under section 12 of the Securities and Exchange Act of 1934, the SEC file N/A number is___________________________________.
1/3/2012 3. The following financial data is the latest available information and refers to the debtor's condition on_________________.

a. Total Assets b. Total Liabilities

Secured debt

$0.00 $0.00

Amounts

Approximate number of holders

Fixed, liquidated secured debt Contingent secured debt Disputed secured debt Unliquidated secured debt
Unsecured debt

$0.00 $0.00 $0.00 $0.00

Amounts Approximate number of holders

1 0 0 0

Fixed, liquidated unsecured debt Contingent unsecured debt Disputed unsecured debt Unliquidated unsecured debt
Stock

$0.00 $0.00 $0.00 $0.00

Amounts Approximate number of holders

3 0 0 0

Number of shares of preferred stock Number of shares of common stock

Comments, if any

4. Brief description of debtor's business:

Real estate

12-50075-lmc Doc#1 Filed 01/03/12 Entered 01/03/12 15:55:46 Main Document Pg 5 of 9

UNITED STATES BANKRUPTCY COURT WESTERN DISTRICT OF TEXAS SAN ANTONIO DIVISION
IN RE: Atled, Ltd. CASE NO CHAPTER 11

EXHIBIT "A" TO VOLUNTARY PETITION

Continuation Sheet No. 1

5. List the name of any person who directly or indirectly owns, controls, or holds, with power to vote, 20% or more of the voting securities of the debtor:
W. Scott Jensen

6. List the name of all corporations 20% or more of the outstanding voting securities of which are directly or indirectly owned, controlled, or held, with power to vote, by debtor:
None

W. Scott Jensen, Member Delta Produce Management, LLC, Gen Partn I, , the of the corporation named as the debtor in this case, declare under penalty of perjury that I have read the foregoing Exhibit "A" to Voluntary Petition, and that it is true and correct to the best of my information and belief.

1/3/2012 Date:__________________________________

/s/ W. Scott Jensen, Member Signature:________________________________________________________ W. Scott Jensen, Member Delta Produce Management, LLC, Gen Partn

12-50075-lmc Doc#1 Filed 01/03/12 Entered 01/03/12 15:55:46 Main Document Pg 6 of 9

UNITED STATES BANKRUPTCY COURT WESTERN DISTRICT OF TEXAS SAN ANTONIO DIVISION
IN RE: Atled, Ltd. CASE NO CHAPTER 11

DISCLOSURE OF COMPENSATION OF ATTORNEY FOR DEBTOR

1. Pursuant to 11 U.S.C. 329(a) and Fed. Bankr. P. 2016(b), I certify that I am the attorney for the above-named debtor(s) and that compensation paid to me within one year before the filing of the petition in bankruptcy, or agreed to be paid to me, for services rendered or to be rendered on behalf of the debtor(s) in contemplation of or in connection with the bankruptcy case is as follows: For legal services, I have agreed to accept: Prior to the filing of this statement I have received: Balance Due: 2. The source of the compensation paid to me was: Debtor Other (specify) $3,954.00 $3,954.00 $0.00

3. The source of compensation to be paid to me is: Debtor 4. Other (specify)

I have not agreed to share the above-disclosed compensation with any other person unless they are members and associates of my law firm. I have agreed to share the above-disclosed compensation with another person or persons who are not members or associates of my law firm. A copy of the agreement, together with a list of the names of the people sharing in the compensation, is attached.

5. In return for the above-disclosed fee, I have agreed to render legal service for all aspects of the bankruptcy case, including: a. Analysis of the debtor's financial situation, and rendering advice to the debtor in determining whether to file a petition in bankruptcy; b. Preparation and filing of any petition, schedules, statements of affairs and plan which may be required; c. Representation of the debtor at the meeting of creditors and confirmation hearing, and any adjourned hearings thereof; 6. By agreement with the debtor(s), the above-disclosed fee does not include the following services:

CERTIFICATION I certify that the foregoing is a complete statement of any agreement or arrangement for payment to me for representation of the debtor(s) in this bankruptcy proceeding. 1/3/2012 Date /s/ WILLIAM R. DAVIS, JR. WILLIAM R. DAVIS, JR. Bar No. 05565500 Langley & Banack, Inc. 745 E Mulberry Ave. Suite 900 San Antonio, TX 78212 Phone: (210) 736-6600 / Fax: (210) 735-6889

/s/ W. Scott Jensen, Member W. Scott Jensen, Member Delta Produce Management, LLC, Gen Partn

12-50075-lmc Doc#1 Filed 01/03/12 Entered 01/03/12 15:55:46 Main Document Pg 7 of 9

B4 (Official Form 4) (12/07)

UNITED STATES BANKRUPTCY COURT WESTERN DISTRICT OF TEXAS SAN ANTONIO DIVISION
Case No. Chapter 11

IN RE:

Atled, Ltd.

LIST OF CREDITORS HOLDING 20 LARGEST UNSECURED CLAIMS

Following is the list of the debtor's creditors holding the 20 largest unsecured claims. The list is prepared in accordance with Fed. R. Bankr. P. 1007(d) for filing in this chapter 11 [or chapter 9] case. The list does not include (1) persons who come within the definition of "insider" set forth in 11 U.S.C. 101, or (2) secured creditors unless the value of the collateral is such that the unsecured deficiency places the creditor among the holders of the 20 largest unsecured claims. If a minor child is one of the creditors holding the 20 largest unsecured claims, state the child's initials and the name and address of the child's parent or guardian, such as "A.B., a minor child, by John Doe, guardian." Do not disclose the child's name. See, 11 U.S.C. 112; Fed. R. Bankr. P. 1007(m).
(1) (2) Name, telephone number and complete mailing address, including zip code, of employee, agent, or department of creditor familiar with claim who may be contacted (3) (4) Indicate if claim is contingent, unliquidated, disputed, or subject to setoff (5)

Name of creditor and complete mailing address, including zip code

Nature of claim (trade debt, bank loan, goverment contract, etc.)

Amount of claim [if secured also state value of security]

None

DECLARATION UNDER PENALTY OF PERJURY ON BEHALF OF A CORPORATION OR PARTNERSHIP

I, the Delta Produce Management, LLC, Gen Partn of the Partnership named as the debtor in this case, declare under penalty of perjury that I have read the foregoing list and that it is true and correct to the best of my information and belief.

1/3/2012 Date:__________________________________

/s/ W. Scott Jensen, Member Signature:________________________________________________________ W. Scott Jensen, Member Delta Produce Management, LLC, Gen Partn

12-50075-lmc Doc#1 Filed 01/03/12 Entered 01/03/12 15:55:46 Main Document Pg 8 of 9

UNITED STATES BANKRUPTCY COURT WESTERN DISTRICT OF TEXAS SAN ANTONIO DIVISION
IN RE: Atled, Ltd. CASE NO CHAPTER 11

VERIFICATION OF CREDITOR MATRIX

The above named Debtor hereby verifies that the attached list of creditors is true and correct to the best of his/her knowledge.

Date 1/3/2012

Signature

/s/ W. Scott Jensen, Member W. Scott Jensen, Member Delta Produce Management, LLC, Gen Partn

Date

Signature

12-50075-lmc Doc#1 Filed 01/03/12 Entered 01/03/12 15:55:46 Main Document Pg 9 of 9

Bexar County Tax Assessor P.O. Box 839950 San Antonio, TX 78283-3950

David G. Aelvoet Heard, Linebarger, Graham, Goggan, Blair Pena & Sampson, LLP 711 Navarro, Suite 300 San Antonio, TX 78205 Internal Revenue Service P.O. Box 7346 Philadelphia, PA 19101-7346

International Bank of Commerce 130 E. Travis St. San Antonio, TX 78205

U.S. Attorney 601 NW Loop 410, Suite 600 San Antonio, TX 78216

U.S. Attorney General of Main Justice Bldg., #5111 10th & Constitutional Ave., NW Washington, DC 20530