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Monday, July 6, 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
S.D. Fla.7/6/2020Marina Mile Tank Cleaning, Inc.20-17376Elias Leonard. Dsouza$0 - $50k$1M - $10M
N.D. Tex.7/5/2020Endologix, Inc.20-31841Andrew B. Zollinger, Esq.$100M - $500M$100M - $500M
N.D. Tex.7/5/2020TriVascular Technologies, Inc.20-31843Andrew B. Zollinger, Esq.$0 - $50k$100M - $500M
D. Del.7/3/2020LBD Parent Holdings, LLC20-11769Michael R. Nestor$100M - $500M$100M - $500M
S.D.N.Y.7/3/2020Fig & Olive Holding LLC20-22810Robert L. Rattet$1M - $10M$1M - $10M
S.D.N.Y.7/3/2020Luxury Dining Group LLC20-22809Robert L. Rattet$10M - $50M$1M - $10M
C.D. Cal.7/3/2020G-Star Inc.20-16041M. Douglas Flahaut$10M - $50M$10M - $50M
E.D. Tex.7/3/2020Sparrow & Nightingale, LLC20-41515Howard Marc Spector$0 - $50k$500k - $1M
E.D. Tex.7/3/2020The Pub Private Club20-41516Howard Marc Spector$0 - $50k$100k - $500k
M.D. Fla.7/3/2020Universal Towers Construction, Inc.20-03799Eric S. Golden, Esq.$10M - $50M$10M - $50M
W.D.N.C.7/3/2020CB Honeycutt Grading, Inc.20-30658Tom C. Woodno$1M - $10M$1M - $10M
S.D.N.Y.7/2/2020BULLS HEAD DINER INC.20-22807Lawrence F. Morrison$0 - $50k$0 - $50k
N.D. Ill.7/2/2020South Moon BBQ Incorporated (Second Filing)20-81233James E. Stevens$0 - $50k$500k - $1M
M.D. Fla.7/2/2020Adino Altamonte Springs, LLC20-03773Michael A. Nardella$0 - $50k$100k - $500k
M.D. Fla.7/2/2020Parliament Partners, Inc. (Second Filing)20-03784R. Scott Shuker, Esq.$1M - $10M$1M - $10M
D.N.J.7/2/2020155 Ryerson LLC.20-18215David L. Stevens$50k - $100k$100k - $500k
D. Ariz.7/2/2020ADESSE GLOBAL COSMETICS, INC.20-07849Henk Taylor$50k - $100k$100k - $500k
D. Colo.7/2/2020CEC Renewable Assets, LLC20-14574David V. Wadsworth$10M - $50M$10M - $50M
E.D. Ky.7/2/2020Allied Hospitality, LLC20-51009Peter Brackney$500k - $1M$100k - $500k
D.S.C.7/2/2020The Windermere Club, LLC20-02780Jane H. Downey$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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With Bankruptcies Surging, 2020 May Become One of the Busiest Years for Chapter 11 Filings Since the Great Recession

With Department Stores Disappearing, Malls Could Be Next

G-Star Files for Chapter 11 Bankruptcy in the US

9,274 Stores Are Closing In 2020 – It’s The Pandemic And High Debt – More Will Close

Everything Up in Air as Penney's Bankruptcy Enters Critical Phase

Major Wisconsin Frac Sand Producer Expects To File Bankruptcy

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