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Wednesday, June 24, 2020

Welcome to the Bankruptcy
Today Newsletter.

Your daily access to recent significant Chapter 11 case filings, relevant restructuring news and samples of some of our current distressed company profiles.

Featured Recent Filings


CourtFiledDebtorCase NoAttorneyAssetsLiabilities
E.D.N.Y.6/24/2020Hunts Point Enterprises LLC20-42393Lawrence F. Morrison$100k - $500k$1M - $10M
D. Del.6/23/2020General Nutrition Centers, Inc.20-11665Kara Hammond Coyle> $1B> $1B
D. Del.6/23/2020General Nutrition Centres Company20-11675Kara Hammond Coyle> $1B> $1B
D. Del.6/23/2020General Nutrition Corporation20-11666Kara Hammond Coyle> $1B> $1B
D. Del.6/23/2020GNC Corporation20-11664Kara Hammond Coyle> $1B> $1B
D. Del.6/23/2020GNC Funding, Inc.20-11669Kara Hammond Coyle> $1B> $1B
D. Del.6/23/2020GNC Headquarters LLC20-11672Kara Hammond Coyle> $1B> $1B
D. Del.6/23/2020GNC Holdings, Inc.20-11662Kara Hammond Coyle> $1B> $1B
D. Del.6/23/2020GNC International Holdings, Inc.20-11670Kara Hammond Coyle> $1B> $1B
D. Del.6/23/2020GNC Parent LLC20-11663Kara Hammond Coyle> $1B> $1B
D. Del.6/23/2020Lucky Oldco Corporation20-11668Kara Hammond Coyle> $1B> $1B
S.D.N.Y.6/23/2020CORFU 77, CORP.20-11460Lawrence F. Morrison$0 - $50k$100k - $500k
W.D. Tex.6/23/2020Avalone Hospitality, LLC20-51161H. Anthony Hervol$50k - $100k$100k - $500k
N.D. Tex.6/23/2020Jarco Harvesting, Inc.20-10107Max R. Tarbox$1M - $10M$1M - $10M
S.D. Tex.6/23/2020KR Medical Technologies, LLC20-33139Russell Van Beustring$100k - $500k$500k - $1M
S.D. Fla.6/23/2020Odyssey Real Estate Holdings, LLC20-16797David R. Softness$1M - $10M$10M - $50M
S.D. Fla.6/23/2020Turbine Engine Center, Inc.20-16805David R. Softness$1M - $10M$10M - $50M
E.D. Ark.6/23/20206th & Center, LLC20-12694James F. Dowden$1M - $10M$500k - $1M
W.D. Mo.6/23/2020Design Massage Therapy, LLC20-41167John L. Lentell$100k - $500k$50k - $100k
W.D.N.C.6/23/2020MT Simpson Farm, LLC20-30625Cole Hayes$500k - $1M$1M - $10M

View All Filings
Featured Article


Government Intervention Staves Off Initial Bankruptcy Surge

ALEXANDRIA, Va. - At least initially, federal government intervention to help individuals and business hit financially by the coronavirus pandemic have made a positive impact in terms of bankruptcy filings.

But experts suspect conditions will deteriorate in this part of the financial world as those assistance packages expire.

According to data provided by Epiq, the American Bankruptcy Institute (ABI) reported that the 39,969 total bankruptcy filings in May were down 42% from the 68,860 total filings in May of last year.

ABI also pointed out the total consumer filings decreased 43% in May, as the 37,391 filings fell from the 65,302 consumer filings registered last May.

Meanwhile, Epiq’s data also showed total commercial filings declined 28% in May, as the 2,578 filings were down from the 3,558 commercial filings completed in May of last year.

Read the full article

BHPH Report by BHPH Report Staff. Published June 22, 2020.

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