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Thursday, July 23, 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.7/22/2020NTS W. USA Corp., a Delaware corporation20-35769George P. Angelich$1M - $10M$10M - $50M
S.D.N.Y.7/22/2020Occasion Brands, LLC20-11684S. Jason Teele$1M - $10M$10M - $50M
C.D. Cal.7/22/2020Transpine, Inc.20-11286Leslie Cohen$1M - $10M$1M - $10M
N.D. Tex.7/22/2020RE Palm Springs II, LLC20-31972Charles B. Hendricks$10M - $50M$50M - $100M
S.D. Fla.7/22/2020New York Optical-International, Inc.20-17961David W. Langley$1M - $10M$1M - $10M
S.D. Fla.7/22/2020Selfridge Group Inc20-17945Ido J. Alexander$100k - $500k$500k - $1M
S.D. Fla.7/22/2020Sugar Factory Lincoln Road, LLC20-17980Steven Beiley$500k - $1M$1M - $10M
S.D. Fla.7/22/2020The Pipe Wright, Inc.20-17946Ido J. Alexander$100k - $500k$500k - $1M
E.D. Mich.7/22/2020Baby Buford 14 Mile, LLC20-47992John M. Ketzler$0 - $50k$50k - $100k
D. Ariz.7/22/2020DUFL, Inc.20-08464Isaac M. Gabriel$0 - $50k$1M - $10M
D. Colo.7/22/2020Armed Beavers LLC20-14963Gerald Jorgensen$100k - $500k$500k - $1M
D. Colo.7/22/2020Gunsmoke, LLC20-14962Gerald Jorgensen$100k - $500k$1M - $10M
D. Idaho7/22/2020Best View Construction & Development, LLC20-00674Matthew T. Christensen$1M - $10M$1M - $10M
S.D. Ohio7/22/2020CAM-Kentucky Real Estate LLC20-12049Douglas L. Lutz$1M - $10M$0 - $50k
S.D. Ohio7/22/2020Castle Valley Mining LLC20-12050Douglas L. Lutz$10M - $50M$1M - $10M
S.D. Ohio7/22/2020Hopedale Mining LLC20-12043Douglas L. Lutz$10M - $50M$1M - $10M
S.D. Ohio7/22/2020McClane Canyon Mining LLC20-12047Douglas L. Lutz$0 - $50k$0 - $50k
S.D. Ohio7/22/2020Rhino Energy LLC20-12046Douglas L. Lutz$10M - $50M$50M - $100M
S.D. Ohio7/22/2020Rhino Trucking LLC20-12051Douglas L. Lutz$100k - $500k$0 - $50k
W.D. Tenn.7/22/2020Americare-Tennessee Property Group LLC20-23683Toni Campbell Parker$0 - $50k$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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