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Wednesday, July 15, 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.7/15/2020Centro Evangelistico La Roca, Inc.20-17654Ariel Sagre$1M - $10M$500k - $1M
S.D.N.Y.7/14/2020232 SEIGEL ACQUISITION LLC20-22845Mark Frankel$10M - $50M$1M - $10M
S.D.N.Y.7/14/2020232 SEIGEL DEVELOPMENT LLC20-22844Mark Frankel$0 - $50k$0 - $50k
S.D.N.Y.7/14/2020Lladro Galleries, Inc.20-11618Alan F. Kaufman$50k - $100k$1M - $10M
C.D. Cal.7/14/20201116 Maple Street, LLC20-16362Jeremy W. Faith$1M - $10M$1M - $10M
N.D. Cal.7/14/2020Ridgeline Technology20-51049Marc Voisenat$0 - $50k$100k - $500k
C.D. Cal.7/14/2020Super Calidad Auto Sales, Inc.20-11233Louis J. Esbin, Esq.$500k - $1M$1M - $10M
C.D. Ill.7/14/2020EK- ONKAR ENTERPRISE INC.20-80761William Lester Breedlove$500k - $1M$500k - $1M
N.D. Fla.7/14/2020Capital Truck, Inc.20-40287Thomas Woodward$1M - $10M$1M - $10M
D. Mass.7/14/2020The Paper Store, LLC20-40743Paul J. Ricotta$10M - $50M$50M - $100M
D. Mass.7/14/2020Town Hospitality Group, Inc.20-11496David B. Madoff$100k - $500k$1M - $10M
D. Mass.7/14/2020TPS Holdings, LLC20-40745Paul J. Ricotta, Esq$10M - $50M$10M - $50M
E.D. La.7/14/2020Osaka Holdings, LLC20-11247Leo D. Congeni$0 - $50k$500k - $1M
D. Minn.7/14/2020OWATONNA HOSPITALITY LLC20-31810John D. Lamey III$1M - $10M$1M - $10M
E.D. Wis.7/14/2020Vossekuil Properties, LLC20-24880John W. Menn$0 - $50k$500k - $1M
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.7/13/2020Lernco, Inc.20-18447Michael D. Sirota$100M - $500M$100M - $500M
D.N.J.7/13/2020Lerner New York Holding, Inc.20-18446Michael D. Sirota$100M - $500M$100M - $500M

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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