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Monday, July 20, 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.7/20/2020BJ Management Services, L.P.20-33628Paul D. Moak$500M - $1B$500M - $1B
S.D. Tex.7/20/2020BJ Services Management Holdings Corporation20-33630Paul D. Moak$500M - $1B$500M - $1B
S.D. Tex.7/20/2020BJ Services, LLC20-33627Paul D. Moak$500M - $1B$500M - $1B
E.D. Mo.7/20/2020Allmand Bros., Inc.20-43598Thomas H. Riske> $1B> $1B
E.D. Mo.7/20/2020Billy Goat Industries, Inc.20-10575Robert E. Eggmann> $1B> $1B
E.D. Mo.7/20/2020Briggs & Stratton Corporation20-43597Robert E. Eggmann> $1B> $1B
E.D. Mo.7/20/2020Briggs & Stratton International, Inc.20-43599Christopher J. Lawhorn> $1B> $1B
E.D. Mo.7/20/2020Briggs & Stratton Tech, LLC20-43600Christopher J. Lawhorn> $1B> $1B
D. Del.7/19/2020Permian Holdco 1, Inc.20-11822M. Blake Cleary$0 - $50k$0 - $50k
D. Del.7/19/2020Permian Holdco 2, Inc.20-11823M. Blake Cleary$0 - $50k$10M - $50M
D. Del.7/19/2020Permian Holdco 3, Inc.20-11824M. Blake Cleary$0 - $50k$10M - $50M
D. Del.7/19/2020Permian Tank & Manufacturing, Inc.20-11825M. Blake Cleary$10M - $50M$10M - $50M
E.D. Mich.7/19/2020COLUMBUS OIL & GAS LLC20-47870David R. Heyboer$1M - $10M$10M - $50M
C.D. Cal.7/17/2020Neumedicines, Inc.20-16475Crystle J. Lindsey$100k - $500k$1M - $10M
S.D. Tex.7/17/2020Bruin Williston I, LLC20-33610Matthew D. Cavenaugh> $1B> $1B
S.D. Tex.7/17/2020Bruin Williston I, LLC20-33610Matthew D. Cavenaugh> $1B> $1B
S.D. Tex.7/17/2020Bruin Williston II, LLC20-33611Matthew D. Cavenaugh> $1B> $1B
S.D. Tex.7/17/2020Bruin Williston II, LLC20-33611Matthew D. Cavenaugh> $1B> $1B
M.D. Fla.7/17/2020Melissas' Golf Carts, Inc.20-05429Richard Egozcue$0 - $50k$50k - $100k
D. Colo.7/17/2020Happy Beavers LLC20-14853Gerald Jorgensen$1M - $10M$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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