Omni Logo
Thursday, February 11, 2021

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. Fla.2/11/2021Phase III Building Supplies, Inc.21-10023Jason A. Burgess$100k - $500k$100k - $500k
D. Del.2/10/2021Champion Property Holdings, LLC21-10396Charles J. Brown, III$100k - $500k$1M - $10M
C.D. Cal.2/10/2021SteriWeb Medical LLC21-10223James R. Felton$100k - $500k$1M - $10M
N.D. Cal.2/10/2021Vinmak RE Holdings 11, LLC21-40194Ryan C. Wood
N.D. Ill.2/10/2021Mercy Health System of Chicago21-01806Edward Green, Matthew J. Stockl$0 - $50k$0 - $50k
N.D. Ill.2/10/2021Mercy Hospital and Medical Center21-01805Edward Green, Matthew J. Stockl$100M - $500M$100M - $500M
S.D. Tex.2/10/2021Eastern Drilling AS (Second Filing)21-30437Matthew D. Cavenaugh$1B - $10B$1B - $10B
S.D. Tex.2/10/2021Seadrill Limited (Second Filing)21-30427Matthew D. Cavenaugh$1B - $10B$1B - $10B
S.D. Fla.2/10/2021McIvor Holdings, LLC21-11284Kevin Christopher Gleason$1M - $10M$1M - $10M
E.D. Pa.2/10/2021MBMK Property Holdings, LLC21-10332Roger V. Ashodian$1M - $10M$1M - $10M
S.D.N.Y.2/9/2021Blue Spruce Corporation21-10255Kenneth M. Lewis$1M - $10M$100k - $500k
S.D.N.Y.2/9/2021Prince Bakery SA, Inc.21-10254Kenneth M. Lewis$0 - $50k$0 - $50k
S.D.N.Y.2/9/2021Prince Bakery, Inc.21-10252Kenneth M. Lewis$500k - $1M$500k - $1M
C.D. Cal.2/9/2021Brilliant Industries Inc.21-11046Michael Kwasigroch$1M - $10M$1M - $10M
E.D. Cal.2/9/2021THOMAS ANTON & ASSOCIATES, A LAW CORPORATION21-10308Leonard K. Welsh$0 - $50k$100k - $500k
N.D. Tex.2/9/2021Danny R. Bartel, M.D., P.A.21-40285Craig D. Davis$0 - $50k$50k - $100k
N.D. Tex.2/9/2021Mustang Mining Company, LLC21-30257Stephanie D. Curtis$500k - $1M$100k - $500k
D. Nev.2/9/2021RKJ Hotel Management, LLC, a Nevada limited liability company21-10593Gerald M. Gordon$10M - $50M$10M - $50M
E.D. Pa.2/9/2021Lewisberry Partners, LLC21-10327Edmond M. George, Esq.$1M - $10M$1M - $10M
D. Ariz.2/9/2021Continental Country Club, Inc.21-00956Scott B. Cohen$1M - $10M$1M - $10M

View All Filings
Featured Article

Section 1126 of the Bankruptcy Code and the Dangers of Sleeping On Your Rights As A Creditor

A seat at the table: this is what you likely want when your financial interests are drawn into a bankruptcy court proceeding. You’ll seek to be heard and do what you can to maximize your recovery. This is especially true if you’re a creditor in a chapter 11 case. Yet a recent decision shows what can happen if you do the opposite and choose to “sit one out” rather than have a say in the outcome of a chapter 11 case. In re Fred Bressler, No. 20-31023, 21 WL 126184 (Bankr. S.D. Tex. Jan. 13, 2021).

Debtor Fred Jay Bressler, M.D. filed for bankruptcy under chapter 11, subchapter V of title 11 of the Bankruptcy Code. Two mortgage companies held more than $800,000 in secured claims, and 33 creditors had unsecured claims totaling about $1.1 million. One of the secured claims was held by Harris County, Texas, for approximately $14,000 in unpaid property taxes on Dr. Bressler’s personal residence.

Read the full article

Patterson Belknap Webb & Tyler LLP by Lance Kodish and Daniel A. Lowenthal. Published February 8, 2021.

Latest News

Mercy Hospital, Denied Approval To Close, Files For Bankruptcy

NRA Foe Seeks Dismissal of Bankruptcy, Citing Bad Faith

Seadrill Seeks Bankruptcy Protection—Again

Continental Country Club Files For Chapter 11 Bankruptcy, Will Stay Open

$21.5 Million Settlement For Diocese of Winona-Rochester, Part of Bankruptcy Reorganization

Attorneys Challenge Weinstein Co. Bankruptcy Plan Approval

Carla's Pasta Files For Ch. 11 Bankruptcy

Quick Links

Today Newsletter
Subcribe Now
Our daily newsletter provides access to recent significant chapter case filings, relevant restructuring news and samples of our current distressed company profiles.
brian-nl.jpg paul-nl.jpg alison-nl.jpg
Brian Osborne Paul Deutch Alison Miller
818.906.8300 212.302.3580 917.364.0508
© 2021 Omni Agent Solutions. All Rights Reserved