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Wednesday, October 13, 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
C.D. Cal.10/12/2021Crown Jewel Properties, LLC21-17872Douglas M. Neistat$10M - $50M$1M-$10M
C.D. Cal.10/12/2021Mountain Vista Holdings LLC21-12479David G. Epstein$1M-$10M$500k-$1M
M.D. Fla.10/12/2021JayBeezs Tree Services LLC21-05231Pro Se$0-$50k$100k-$500k
D. Nev.10/12/2021Availa Bio, Inc.21-14909Brett A. Axelrod$0-$50k$1M-$10M
D. Colo.10/12/2021K R Group21-15188Devon Michael Barclay$1M-$10M$100k-$500k
D.N.M.10/12/2021Code 3 Service, LLC21-11160Michael K. Daniels$500k-$1M$500k-$1M
D. Del.10/11/2021Burning Hollow, LLC21-11327Ronald S. Gellert$100k-$500k$100k-$500k
N.D. Cal.10/11/, Inc.21-30694Matthew D. Metzger$0-$50k$50k - $100k
E.D. Mich.10/11/2021Abdoun Estate Holdings, LLC (Second Filing)21-48063Yuliy Osipov$1M-$10M$1M-$10M
E.D.N.Y.10/8/2021Wladis Management Co. Ltd.21-42563Lawrence F. Morrison$0-$50k$0-$50k
W.D. Tex.10/8/2021Bolt Diesel Services Inc.21-70150Robert Chamless Lane$0-$50k$100k-$500k
M.D. Fla.10/8/2021BT McCarthy, Inc21-01354Jeffrey Lampley$1M-$10M$1M-$10M
M.D. Fla.10/8/2021Darby Cabinetry21-01355Jeffrey Lampley$0-$50k$100k-$500k
D. Nev.10/8/2021TRIDENT HOLDINGS, LLC (Second Filing)21-14872David Riggi$1M-$10M$1M-$10M
N.D. Ind.10/8/2021Bairn, LLC21-40250Sarah L. Fowler$1M-$10M$1M-$10M
D. Or.10/8/2021Love Bites by Carnie, Inc.21-32073Douglas R. Ricks$500k-$1M$1M-$10M
D. Del.10/7/2021SPORTTECHIE INC.21-11306Kevin S. Mann$500k-$1M$1M-$10M
E.D.N.Y.10/7/20211711 East 15 Street, LLC21-42546Pro Se$1M-$10M$1M-$10M
E.D.N.Y.10/7/2021LILLI'S 200 WEST 57TH CORPORATION21-42555LAWRENCE F. MORRISON$0-$50k$100k-$500k

View All Filings
Featured Article

U.S. Supreme Court Seems Poised to Address Constitutionality of 2018 U.S. Trustee Fee Increase

Back in July, Craig Eller wrote in The Bankruptcy Protector about the continuing confusion amongst courts and litigants regarding the applicability of a 2018 increase in fees payable to the Office of the United States Trustee in chapter 11 cases. You can find that discussion here. At the time of that post, Craig speculated that the issue was likely going to have to be resolved by the U.S. Supreme Court at some point in the near future. Now, roughly three months later, that proposition seems even more likely in the wake of a decision from the Tenth Circuit issued this week (Oct. 5th).

With the Tenth Circuit’s recent decision, in which it joined the Second Circuit in finding violations of the Bankruptcy Clause because the increase did not apply immediately to chapter 11 debtors in two states with bankruptcy administrators rather than U.S. Trustees, there is now a 2/2 split among the circuits on this issue.

Read the full article

Nelson Mullins Riley & Scarborough LLP by Shane G. Ramsey. Published October 11, 2021.

Latest News

U.S. Supreme Court Seems Poised to Address Constitutionality of 2018 U.S. Trustee Fee Increase

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Developer, Mired in Lawsuits and Debt, Files for Bankruptcy

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Avid Prepares A $140 Million Auto ABS Deal to Fund Borrowers with Bankruptcies

Everything to Know About Purdue Pharma & Its Thousands of Lawsuits

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3-Day Bankruptcy Auction Gets Underway for DeSoto Square Mall Property in Bradenton

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