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Tuesday, July 28, 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.7/27/2020Gilman's Cleaners, Inc.20-35780Michelle L. Trier$50k - $100k$500k - $1M
N.D. Cal.7/27/2020Berkeley Properties, LLC (Second Filing)20-41235Michael M. Lauter$10M - $50M$10M - $50M
S.D. Cal.7/27/2020Ingenu Inc.20-03779Christopher V. Hawkins$1M - $10M$50M - $100M
N.D. Tex.7/27/2020TNT Quadrangle Partners, LP20-32006Robert T DeMarco$50k - $100k$500k - $1M
S.D. Tex.7/27/2020Volusion, LLC20-50082Matthew D. Cavenaugh$10M - $50M$10M - $50M
E.D. Mich.7/27/2020Sentinl Inc20-48110Kimberly Clayson$500k - $1M$500k - $1M
N.D. Ala.7/27/202032E Productions, LLC (Second Filing)20-81696Derek F. Meek$100M - $500M$100M - $500M
N.D. Ala.7/27/2020Barnes Bullets, LLC (Second Filing)20-81691Derek F. Meek$100M - $500M$100M - $500M
N.D. Ala.7/27/2020FGI Holding Company, LLC (Second Filing)20-81689Derek F. Meek$100M - $500M$100M - $500M
N.D. Ala.7/27/2020FGI Operating Company, LLC (Second Filing)20-81690Derek F. Meek$100M - $500M$100M - $500M
N.D. Ala.7/27/2020Great Outdoors Holdco, LLC (Second Filing)20-81697Derek F. Meek$100M - $500M$100M - $500M
N.D. Ala.7/27/2020Huntsville Holdings LLC (Second Filing)20-81693Derek F. Meek$100M - $500M$100M - $500M
N.D. Ala.7/27/2020RA Brands, L.L.C. (Second Filing)20-81698Derek F. Meek$100M - $500M$100M - $500M
N.D. Ala.7/27/2020Remington Arms Company, LLC (Second Filing)20-81692Derek F. Meek$100M - $500M$100M - $500M
N.D. Ala.7/27/2020Remington Arms Distribution Company, LLC (Second Filing)20-81695Derek F. Meek$100M - $500M$100M - $500M
N.D. Ala.7/27/2020Remington Outdoor Company, Inc. (Second Filing)20-81688Derek F. Meek$100M - $500M$100M - $500M
N.D. Ala.7/27/2020TMRI, Inc. (Second Filing)20-81694Derek F. Meek$100M - $500M$100M - $500M
W.E. Ky.7/27/2020Northland Corporation20-31934Charity S. Bird$1M - $10M$1M - $10M
N.D. Ohio7/27/2020Comfort Line LTD.20-31883Eric R. Neuman$50k - $100k$1M - $10M
S.D.W. Va.7/27/2020R.E.X., Inc. (Second Filing)20-30290Joseph W.Caldwell$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.

Latest News

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Acquisitions of Firms in Bankruptcy Are Subject to the Antitrust Laws

The Fed's Balance Sheet Could Rise to Nearly $20 Trillion

Taxes A Big Issue When Clients File For Bankruptcy

Briggs & Stratton Investors Are Being Wiped Out By Bankruptcy Liquidation

Tailored Brands Says Bankruptcy ‘Likely’

Six Flags Entertainment: Don't Expect Bankruptcy In The Near-Term

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