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Friday, October 9, 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.10/8/2020Art Capital Bermuda Ltd.20-12400Kevin J. Nash$1M - $10M$1M - $10M
S.D.N.Y.10/8/2020BlueFin Servicing Ltd.20-12401Kevin J. Nash$1M - $10M$1M - $10M
S.D. Tex.10/8/2020Applied Rubber Technology, Inc.20-34934Alfredo R. Pérez$100M - $500M$500M - $1B
S.D. Tex.10/8/2020Arefco Seals, Inc.20-34936Alfredo R. Pérez$100M - $500M$500M - $1B
S.D. Tex.10/8/2020CAM Specialty Intermediate Holdings, Inc.20-34937Alfredo R. Pérez$100M - $500M$500M - $1B
S.D. Tex.10/8/2020CAM Specialty Products, Inc.20-34938Alfredo R. Pérez$100M - $500M$500M - $1B
S.D. Tex.10/8/2020Duraquest, Inc.20-34939Alfredo R. Pérez$100M - $500M$500M - $1B
S.D. Tex.10/8/2020Energy Products LLC20-34940Alfredo R. Pérez$100M - $500M$500M - $1B
S.D. Tex.10/8/2020Industrial Sealing Solutions Holdings Inc.20-34941Alfredo R. Pérez$100M - $500M$500M - $1B
S.D. Tex.10/8/2020RSH Utex Holdings, LLC20-34942Alfredo R. Pérez$100M - $500M$500M - $1B
S.D. Tex.10/8/2020Selecta Finance UK Limited20-34947Matthew D. Cavenaugh
S.D. Tex.10/8/2020Selecta Group B.V.20-34949Matthew D. Cavenaugh
S.D. Tex.10/8/2020UI Sealing Technologies Intermediate Holdings, Inc.20-34943Alfredo R. Pérez$100M - $500M$500M - $1B
S.D. Tex.10/8/2020UTEX Holding, Inc.20-34944Alfredo R. Pérez$100M - $500M$500M - $1B
S.D. Tex.10/8/2020UTEX Industries, Inc.20-34932Alfredo R. Pérez$100M - $500M$500M - $1B
S.D. Tex.10/8/2020Work Manufacturing, L.L.C.20-34945Alfredo R. Pérez$100M - $500M$500M - $1B
M.D. Fla.10/8/2020Data Analyzers, LLC20-05685Jeffrey S. Ainsworth$0 - $50k$100k - $500k
D.N.J.10/8/2020Sito Mobile Ltd.20-21435Daniel M. Stolz$0 - $50k$10M - $50M
D.N.J.10/8/2020SITO Mobile R&D IP, LLC20-21437Daniel M. Stolz$1M - $10M$10M - $50M
D.N.J.10/8/2020SITO Mobile Solutions, Inc.20-21436Daniel M. Stolz$500k - $1M$10M - $50M

View All Filings
Featured Article

DOJ Objects to Forever 21’s Bid to Undo Conversion to Chapter 7

Bankrupt Forever 21 Inc. shouldn’t be allowed to re-argue a court-ordered conversion to Chapter 7 liquidation because it would only run up more bills that the company can’t afford to pay, the Justice Department’s bankruptcy watchdog said.

“If a plan is not feasible, the court can dismiss or convert the case without giving the debtor an opportunity to modify the plan,” the U.S. Trustee’s Office said in a court filing Wednesday.

Read the full article

Bloomberg Law by Leslie A. Pappas. Published October 8, 2020.

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