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Wednesday, July 29, 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
M.D. La.7/29/2020KD Belle Terre, L.L.C.20-10537Ryan J. Richmond$1M - $10M$1M - $10M
S.D.N.Y.7/28/2020IL Mulino USA, LLC20-11724Gerard S. Catalanello$50M - $100M$10M - $50M
S.D.N.Y.7/28/2020IM 60th Street Holdings, LLC20-11734Gerard S. Catalanello$50M - $100M$10M - $50M
S.D.N.Y.7/28/2020IM Broadway, LLC20-11735Gerard S. Catalanello$50M - $100M$10M - $50M
S.D.N.Y.7/28/2020IM Franchise, LLC20-11733Gerard S. Catalanello$50M - $100M$10M - $50M
S.D.N.Y.7/28/2020IM LLC – III20-11725Gerard S. Catalanello$50M - $100M$10M - $50M
S.D.N.Y.7/28/2020IM Long Island Restaurant Group, LLC20-11731Gerard S. Catalanello$50M - $100M$10M - $50M
S.D.N.Y.7/28/2020IM Long Island, LLC20-11732Gerard S. Catalanello$50M - $100M$10M - $50M
S.D.N.Y.7/28/2020IM NY, Florida, LLC20-11727Gerard S. Catalanello$50M - $100M$10M - $50M
S.D.N.Y.7/28/2020IM NY, Puerto Rico, LLC20-11728Gerard S. Catalanello$1M - $10M$1M - $10M
S.D.N.Y.7/28/2020IM Products, LLC20-11730Gerard S. Catalanello$1M - $10M$1M - $10M
S.D.N.Y.7/28/2020IMNY AC, LLC20-11729Gerard S. Catalanello$50M - $100M$10M - $50M
S.D.N.Y.7/28/2020IMNY Hamptons, LLC20-11736Gerard S. Catalanello$50M - $100M$10M - $50M
S.D.N.Y.7/28/2020IMNYLV, LLC20-11726Gerard S. Catalanello$50M - $100M$10M - $50M
S.D.N.Y.7/28/2020K.G. IM, LLC20-11723Gerard S. Catalanello$50M - $100M$10M - $50M
N.D. Ga.7/28/2020Henry Anesthesia Associates LLC (Second Filing)20-68477Leslie Pineyro$1M - $10M$1M - $10M
N.D. Miss.7/28/2020A.E. Crosthwait & Co., Inc.20-12414Craig M. Geno$1M - $10M$1M - $10M
D. Utah7/28/2020AASAA Media LLC20-24553Lesta M. Simmons$500k - $1M$100k - $500k
E.D. Va.7/28/2020Porcier-Miller LLC20-11728Christopher S. Moffitt
E.D. Va.7/28/2020Porcier-Miller LLC (VA SCC # S5786860)20-11730Christopher S. Moffitt
S.D.W. Va.7/28/2020Affiliate Services, LLC20-20277Stephen L. Thompson$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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