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Tuesday, July 21, 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.N.Y.7/21/2020Brightspark Travel, Inc.20-11648Nicole L. Greenblatt> $1B> $1B
S.D.N.Y.7/21/2020Explorica Travel, Inc.20-11651Nicole L. Greenblatt> $1B> $1B
S.D.N.Y.7/21/2020GlobaLinks, LLC20-11658Nicole L. Greenblatt> $1B> $1B
S.D.N.Y.7/21/2020Heritage Education & Festivals, LLC20-11661Nicole L. Greenblatt> $1B> $1B
S.D.N.Y.7/21/2020International Studies Abroad, LLC20-11663Nicole L. Greenblatt> $1B> $1B
S.D.N.Y.7/21/2020ISA World Holding, LLC20-11666Nicole L. Greenblatt> $1B> $1B
S.D.N.Y.7/21/2020Lakeland Finance, LLC20-11668Nicole L. Greenblatt> $1B> $1B
S.D.N.Y.7/21/2020Lakeland Seller Finance, LLC20-11649Nicole L. Greenblatt> $1B> $1B
S.D.N.Y.7/21/2020National Educational Travel Council, LLC20-11654Nicole L. Greenblatt> $1B> $1B
S.D.N.Y.7/21/2020Oxbridge Academic Resources, LLC20-11655Nicole L. Greenblatt> $1B> $1B
S.D.N.Y.7/21/2020Travel Turf, Inc.20-11657Nicole L. Greenblatt> $1B> $1B
S.D.N.Y.7/21/2020WorldStrides Holdings, LLC20-11660Nicole L. Greenblatt> $1B> $1B
S.D.N.Y.7/21/2020WorldStrides International, LLC20-11662Nicole L. Greenblatt> $1B> $1B
E.D.N.Y.7/20/2020Featherstone Distribution LLC20-42673Lawrence F. Morrison$1M - $10M$1M - $10M
E.D.N.Y.7/20/2020Felix Avenue NY 194 LLC20-72468Seth D. Weinberg$100k - $500k$1M - $10M
E.D. Cal.7/20/20201420 Howe Business Center Rehabilitation LP20-23543James L. Brunello$10M - $50M$1M - $10M
W.D. Tex.7/20/2020Amberson Natural Resources LLC20-51302Scott D. Lawrence$1M - $10M$1M - $10M
S.D. Tex.7/20/2020Patriot Well Solutions LLC20-33642Travis A. McRoberts$10M - $50M$10M - $50M
S.D. Fla.7/20/2020Seaspray Resort, LTD. (Second Filing)20-17868Louis R. Townsend, Jr. Esq.$1M - $10M$1M - $10M
M.D. Pa.7/20/2020National Homeowners Association, Inc.20-02182Robert E. Chernicoff, Esq.$0 - $50k$100k - $500k

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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