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Monday, November 1, 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
M.D. Fla.11/1/2021Marina Towers, LLC (Second Filing)21-04990Mike Dal Lago$0-$50k$1M-$10M
D. Mass.11/1/2021Willie L. Stephens, D.D.S., P.C.21-11591Nina M. Parker$500k-$1M$1M-$10M
D. Del.10/31/2021181 West Madison Holding LLC21-11443Edmon L. Morton$1B-$10B$1B-$10B
D. Del.10/31/2021181 West Madison Property LLC21-11444Edmon L. Morton$1B-$10B$1B-$10B
D. Del.10/31/2021245 Park Avenue Mezz A LLC21-11442Edmon L. Morton$1B-$10B$1B-$10B
D. Del.10/31/2021245 Park Avenue Mezz B LLC21-11441Edmon L. Morton$1B-$10B$1B-$10B
D. Del.10/31/2021245 Park Avenue Mezz C LLC21-11440Edmon L. Morton$1B-$10B$1B-$10B
D. Del.10/31/2021245 Park Avenue Property LLC21-11437Edmon L. Morton$1B-$10B$1B-$10B
D. Del.10/31/2021245 Park JV LLC21-11439Edmon L. Morton$1B-$10B$1B-$10B
D. Del.10/31/2021HNA 245 Park Ave JV LLC21-11438Edmon L. Morton$1B-$10B$1B-$10B
D. Del.10/31/2021PWM Property Management LLC21-11445Edmon L. Morton$1B-$10B$1B-$10B
S.D.N.Y.10/31/2021Communication Decisions - SNVC, LLC21-11881Ira S. Dizengoff$1B-$10B$1B-$10B
S.D.N.Y.10/31/2021Core180, LLC21-11882Ira S. Dizengoff$1B-$10B$1B-$10B
S.D.N.Y.10/31/2021Electra Ltd.21-11883Ira S. Dizengoff$1B-$10B$1B-$10B
S.D.N.Y.10/31/2021GC Pivotal, LLC21-11884Ira S. Dizengoff$1B-$10B$1B-$10B
S.D.N.Y.10/31/2021GTT Americas, LLC21-11885Ira S. Dizengoff$1B-$10B$1B-$10B
S.D.N.Y.10/31/2021GTT Apollo Holdings, LLC21-11888Ira S. Dizengoff$1B-$10B$1B-$10B
S.D.N.Y.10/31/2021GTT Communications, Inc.21-11880Ira S. Dizengoff$1B-$10B$1B-$10B
S.D.N.Y.10/31/2021GTT Global Telecom Government Services, LLC21-11886Ira S. Dizengoff$1B-$10B$1B-$10B
S.D.N.Y.10/31/2021GTT RemainCo, LLC21-11887Ira S. Dizengoff$1B-$10B$1B-$10B

View All Filings
Featured Article

Lawmakers Ask Supreme Court to Hear Delphi Case

Seventeen members of Congress have joined the legal fight of thousands of Delphi salaried retirees at the nation’s highest court, urging it to consider their case against the Pension Benefit Guaranty Corporation and its takeover of the retirees’ pension plan when the auto-parts maker when bankrupt.

The bipartisan, bicameral group of lawmakers led by Dayton Republican U.S. Mike Turner filed a brief with the U.S. Supreme Court, arguing a review is in order because they claim:

A lower court that dismissed the case brought by the Delphi Salaried Retirees Association, “failed to properly consider the history and circumstances” when it determined the retirees did not have a property interest in their vested, but unfunded benefit; and

The precedent set by the PBGC and the U.S. Treasury Department in not fully funding the pensions “serves to undermine public confidence in government sponsored pension insurance and Executive Agency action during a financial crisis,” the filing states.

Read the full article

Morning Journal by Ron Selak, Jr.. Published November 1, 2021.

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