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Tuesday, June 30, 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
C.D. Cal.6/29/20201465V Donhill Drive, LLC20-11138M. Jonathan Hayes$10M - $50M$1M - $10M
C.D. Cal.6/29/2020Camp Croteau, Inc.20-14458Todd Turcci$100k - $500k$500k - $1M
C.D. Cal.6/29/2020Helping Others International, LLC20-11134Todd J. Cleary$1M - $10M$1M - $10M
C.D. Cal.6/29/2020The Three Gals 2014 Nevada Trust20-11853Thomas B. Ure$1M - $10M$1M - $10M
S.D. Tex.6/29/2020Alpha Resins, LLC20-33318Matthew D. Cavenaugh> $1B> $1B
S.D. Tex.6/29/2020Best Sand Corporation20-33300Matthew D. Cavenaugh> $1B> $1B
S.D. Tex.6/29/2020Best Sand of Pennsylvania, Inc.20-33297Matthew D. Cavenaugh> $1B> $1B
S.D. Tex.6/29/2020Cheyenne Sand Corp.20-33305Matthew D. Cavenaugh> $1B> $1B
S.D. Tex.6/29/2020Covia Specialty Minerals Inc.20-33299Matthew D. Cavenaugh> $1B> $1B
S.D. Tex.6/29/2020Mineral Visions Inc.20-33316Matthew D. Cavenaugh> $1B> $1B
S.D. Tex.6/29/2020Specialty Sands, Inc.20-33311Matthew D. Cavenaugh> $1B> $1B
S.D. Tex.6/29/2020Standard Sand Corporation20-33319Matthew D. Cavenaugh> $1B> $1B
S.D. Tex.6/29/2020TechniSand, Inc.20-33320Matthew D. Cavenaugh> $1B> $1B
M.D. Fla.6/29/2020The Bay Club of Naples II LLC (Second Filing)20-05009Scott Underwood$10M - $50M$10M - $50M
W.D. Ark.6/29/2020A & J Construction Management, LLC20-71501David G. Nixon$1M - $10M$1M - $10M
E.D. Ark.6/29/2020Tax and Financial Advantage Group, Inc. (Second Filing)20-12760Joel G. Hargis$100k - $500k$100k - $500k
N.D. Miss.6/29/2020Capital Asset Management, LLC20-12204J. Walter Newman IV$10M - $50M$50M - $100M
E.D. Tenn.6/29/2020K & L Trailer Sales And Leasing, Inc.20-31619Maurice K. Guinn$1M - $10M$10M - $50M
E.D. Tenn.6/29/2020K&L Trailer Leasing, Inc.20-31620Maurice K. Guinn$10M - $50M$10M - $50M
W.D. Va.6/29/2020One Earth Landscape Management, Inc.20-70640Mark A. Black$100k - $500k$500k - $1M

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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