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Wednesday, April 7, 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
D. Del.4/6/2021Sun Country Holdings, LLC21-10676Paul N. Heath$50M - $100M$100M - $500M
D. Del.4/6/2021TECT Aerospace Group Holdings, Inc.21-10670Paul N. Heath$50M - $100M$100M - $500M
D. Del.4/6/2021TECT Aerospace Holdings, LLC21-10672Paul N. Heath$50M - $100M$100M - $500M
D. Del.4/6/2021TECT Aerospace Kansas Holdings, LLC21-10671Paul N. Heath$50M - $100M$100M - $500M
D. Del.4/6/2021TECT Aerospace Wellington Inc.21-10673Paul N. Heath$50M - $100M$100M - $500M
D. Del.4/6/2021TECT Aerospace, LLC21-10674Paul N. Heath$50M - $100M$100M - $500M
D. Del.4/6/2021TECT Hypervelocity, Inc.21-10675Paul N. Heath$50M - $100M$100M - $500M
C.D. Cal.4/6/2021Credit Suisse Alternative Capital Inc., a Montana corporation21-12767William H. Brownstein$10M - $50M$10M - $50M
C.D. Cal.4/6/2021Player's Poker Club, Inc.21-10357Michael S. Kogan$1M - $10M$1M - $10M
W.D. Tex.4/6/2021VCLC Holdings LLC21-50391Morris E. "Trey" White III$1M - $10M$500k - $1M
W.D. Tex.4/6/2021WC 3rd and Trinity, LP21-10252Mark H. Ralston$10M - $50M$1M - $10M
W.D. Tex.4/6/2021WC Thousand Oaks Center, LP21-10251Mark H. Ralston$1M - $10M$1M - $10M
M.D. Fla.4/6/2021Vertical Mac Construction, LLC21-01520Edward J. Peterson$100k - $500k$100k - $500k
D.N.J.4/6/20211369 East Front Street21-12820Andre L. Kydala, Esq.$0 - $50k$100k - $500k
D.N.J.4/6/2021137 Shepard Ave LLC21-12821Andre L. Kydala, Esq.$0 - $50k$100k - $500k
D.N.J.4/6/2021193 Seymor Ave LLC21-12822Andre L. Kydala, Esq.$0 - $50k$100k - $500k
D.N.J.4/6/202181 Cummings Investment LLC21-12823Andre L. Kydala, Esq.$0 - $50k$100k - $500k
D.N.J.4/6/2021Black River Landscape Management, Inc.21-12815Mark J. Politan$100k - $500k$500k - $1M
D.N.J.4/6/2021Merit Financial Group LLC21-12824Andre L. Kydala, Esq.$0 - $50k$100k - $500k
D. Ariz.4/6/2021Summit Family Restaurants Inc21-02477Wesley D. Ray$1M - $10M$1M - $10M

View All Filings
Featured Article

Federal Watchdog Wants To Put Brakes On High-Speed Bankruptcies

The Justice Department’s bankruptcy watchdog is sounding the alarm over several recent “pre-packaged” Chapter 11 cases that take only days, or even hours, from start to finish.

Some recent bankruptcies in particular have wrapped up very quickly. Retailer Belk Inc.'s 16-hour case in February set a record, while shale oil driller HighPoint Resources Corp.'s case concluded in March within four days of filing.

Read the full article

Bloomberg Law by Daniel Gill. Published April 5, 2021.

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