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Tuesday, July 14, 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. Tex.7/14/202012178711 Canada Inc.20-33533Caroline A. Reckler$500M - $1B$500M - $1B
S.D. Tex.7/14/2020Calfrac (Canada) Inc.20-33531Caroline A. Reckler$500M - $1B$500M - $1B
S.D. Tex.7/14/2020Calfrac Holdings LP20-33530Caroline A. Reckler$500M - $1B$500M - $1B
S.D. Tex.7/14/2020Calfrac Well Services Ltd.20-33532Caroline A. Reckler$500M - $1B$500M - $1B
S.D. Tex.7/13/2020Calfrac Well Services Corp.20-33529Caroline A. Reckler$500M - $1B$500M - $1B
N.D. Tex.7/13/2020Fox Trot Salon, LLC20-42319Eric A. Liepins$0 - $50k$50k - $100k
M.D. Fla.7/13/2020Spurlows Archery Pro Shop, LLC20-05340Buddy D. Ford, Esquire$0 - $50k$100k - $500k
D.N.J.7/13/2020Congoleum Corporation (Second Filing)20-18488Warren A. Usatine$50M - $100M$100M - $500M
D.N.J.7/13/2020Fashion to Figure, LLC20-18455Michael D. Sirota$100M - $500M$100M - $500M
D.N.J.7/13/2020FTF GC, LLC20-18453Michael D. Sirota$100M - $500M$100M - $500M
D.N.J.7/13/2020FTF IP Company, Inc.20-18456Michael D. Sirota$100M - $500M$100M - $500M
D.N.J.7/13/2020Lernco, Inc.20-18447Michael D. Sirota$100M - $500M$100M - $500M
D.N.J.7/13/2020Lerner New York FTF, LLC20-18454Michael D. Sirota$100M - $500M$100M - $500M
D.N.J.7/13/2020Lerner New York GC, LLC20-18450Michael D. Sirota$100M - $500M$100M - $500M
D.N.J.7/13/2020Lerner New York Holding, Inc.20-18446Michael D. Sirota$100M - $500M$100M - $500M
D.N.J.7/13/2020Lerner New York Outlet, LLC20-18451Michael D. Sirota$100M - $500M$100M - $500M
D.N.J.7/13/2020Lerner New York, Inc.20-18448Michael D. Sirota$100M - $500M$100M - $500M
D.N.J.7/13/2020New York & Company Stores, Inc.20-18452Michael D. Sirota$100M - $500M$100M - $500M
D.N.J.7/13/2020New York & Company, Inc.20-18449Michael D. Sirota$100M - $500M$100M - $500M
N.D. Ga.7/13/2020Oculus Skin, Laser and Longevity Centre, Inc.20-41164William A. Rountree$50M - $100M$10M - $50M

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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