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Friday, November 19, 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
S.D. Tex.11/18/2021Cypress Creek Emergency Medical Services Association21-33733Annie Catmull$1M-$10M$1M-$10M
D.N.J.11/18/2021Culinary Classics, LLC21-18926Robert C. Nisenson$0-$50k$0-$50k
D. Colo.11/18/2021Nitro Holdings, LLC21-15740Matthew T. Faga$10M-$50M$10M-$50M
D. Colo.11/18/2021NITROcrete Equipment, LLC21-15742Matthew T. Faga$1M-$10M$10M-$50M
D. Colo.11/18/2021NITROcrete Holdings, LLC21-15743Matthew T. Faga$100k-$500k$1M-$10M
D. Colo.11/18/2021NITROcrete IP, LLC21-15741Matthew T. Faga$1M-$10M$1M-$10M
D. Colo.11/18/2021NITROcrete, LLC21-15739Matthew T. Faga$1M-$10M$10M-$50M
W.D. Okla.11/18/2021The Ledge, LLC21-13058O. Clifton Gooding$0-$50k$1M-$10M
D. Del.11/17/2021Alto Maipo Delaware LLC21-11507Sean T. Greecher$1B-$10B$1B-$10B
D. Del.11/17/2021Alto Maipo SpA21-11508Sean T. Greecher$1B-$10B$1B-$10B
D. Del.11/17/2021Riverbed Holdings, Inc.21-11505Laura Davis Jones$1B-$10B$1B-$10B
D. Del.11/17/2021Riverbed Parent, Inc.21-11506Laura Davis Jones$1B-$10B$1B-$10B
D. Del.11/17/2021Riverbed Technology, Inc.21-11503Laura Davis Jones$1B-$10B$1B-$10B
C.D. Cal.11/17/2021Top Flight Investments, LLC (Second Filing)21-11875Matthew Abbasi$10M-$50M$1M-$10M
N.D. Cal.11/17/2021Villa Developers & Investment, LLC21-51429Vinod Nichani$1M-$10M$1M-$10M
E.D. Mich.11/17/2021SN Management, LLC21-49033Tami Salzbrenner$1M-$10M$1M-$10M
E.D. Mich.11/17/2021Zara Management, LLC21-49032Tami Salzbrenner$1M-$10M$1M-$10M
E.D. Ark.11/17/2021Waldemar, LLC21-13089Reba M. Wingfield$1M-$10M$1M-$10M
N.D. Ga.11/17/2021Horizon Satellites, Inc.21-21193William A. Rountree$0-$50k$1M-$10M
N.D. Miss.11/17/2021Molecular & Diagnostic Testing Labs of America, LLC21-12201Robert Gambrell$100k-$500k$1M-$10M

View All Filings
Featured Article

U.S. Hospitals Face Financial Reckoning as Federal Aid Dwindles

More than a year after Saint John’s Episcopal Hospital in Queens admitted the borough’s first Covid-19 positive patient in March of 2020, life is returning to some semblance of normalcy. The three refrigerated tractor-trailers serving as morgues are gone and its halls -- once at 150% of capacity -- have quieted.

But with the retreat of the worst of the virus comes the reality that for many facilities, the finances never worked. The billions of dollars of aid the U.S. government distributed to hospitals during the pandemic -- including advances in Medicare payments -- kept struggling facilities afloat, but papered over longstanding problems.

Read the full article

Bloomberg News by Lauren Coleman-Lochner. Published November 18, 2021.

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