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Monday, July 27, 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
N.D. Cal.7/26/2020Professional Financial Investors, Inc.20-30604Ori Katz$100M - $500M$100M - $500M
S.D. Tex.7/26/2020Brahman Resource Partners, LLC20-33697Matthew Okin$1M - $10M$10M - $50M
S.D. Tex.7/26/2020BRP Vista Grande, LLC20-33698Matthew Okin$1M - $10M$10M - $50M
S.D. Tex.7/26/2020Rosehill Operating Company, LLC20-33696Kelli S. Norfleet$100M - $500M$100M - $500M
S.D. Tex.7/26/2020Rosehill Resources Inc.20-33695Kelli S. Norfleet$100M - $500M$100M - $500M
E.D.N.Y.7/24/2020Comfort Auto Group NY LLC20-42730Kevin J. Nash$10M - $50M$10M - $50M
N.D. Cal.7/24/2020Silicon Valley Taxi Drivers, Inc.20-51104Rattan Dev S. Dhaliwal$0 - $50k$100k - $500k
N.D. Tex.7/24/2020Fruitions Restaurants, LP20-31993John P. Henry$100k - $500k$100k - $500k
D.P.R.7/24/2020Spon Computer Corporation20-02906Noemi Landrau Rivera, Esq.$50k - $100k$100k - $500k
E.D. Wash.7/24/2020McCary Meats, LLC20-01469William L. Hames$500k - $1M$500k - $1M
D. Del.7/23/2020IMH Financial Corporation20-11858William P. Bowden$100M - $500M$100M - $500M
C.D. Cal.7/23/20202812 Ocean Blvd. LLC, a Texas limited liability company20-12061Christopher J. Langley$10M - $50M$1M - $10M
S.D. Cal.7/23/2020Tax & Accounting Group, A Partnership of Jason Del Vecchio and Louis Del Vecchio20-03732Victor E. Ramirez$0 - $50k$500k - $1M
M.D. Fla.7/23/2020Cigar Brothers, LLC.20-05599David W. Steen$100k - $500k$100k - $500k
M.D. Fla.7/23/2020Global Asset Rental, LLC20-04126Paul J. Battista$10M - $50M$50M - $100M
S.D. Fla.7/23/2020Sugar Factory Ocean Drive, LLC20-17981Steven Beiley$1M - $10M$1M - $10M
E.D. Pa.7/23/2020Master Replicas Group, Inc.20-13095David B. Smith$500k - $1M$500k - $1M
E.D. Ky.7/23/2020Tew Limited Partnership20-51079Dean A. Langdon$500k - $1M$1M - $10M
E.D. Tenn.7/23/2020Chattanooga Mercantile, LLC20-12020Richard L. Banks$100k - $500k$100k - $500k
E.D. Va.7/23/2020DBCM Holdings, LLC20-33112Cullen D. Speckhart$10M - $50M> $1B

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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