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Monday, June 13, 2022
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.
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Featured Recent Filings
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Court | Filed | Debtor | Case No | Attorney | Assets | Liabilities |
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D. Del. | 6/10/2022 | SanityDesk, Inc. | 22-10527 | Michael Busenkell | $100k-$500k | $1M-$10M | S.D.N.Y. | 6/10/2022 | Hidili Industry International Development Limited | 22-10736 | Stephen M. Wolpert | | | S.D.N.Y. | 6/10/2022 | World Wine Group Inc. | 22-10738 | Warren R. Graham | $0-$50k | $100k-$500k | N.D. Tex. | 6/10/2022 | Careparth Healthcare System, LLP | 22-41333 | Eric A. Liepins | $1M-$10M | $1M-$10M | W.D. Tex. | 6/10/2022 | CKH Risk Management, LLC | 22-50646 | William R. Davis, Jr. | $0-$50k | $100k-$500k | M.D. Fla. | 6/10/2022 | Yorktown Electric Inc. | 22-02329 | Buddy D. Ford, Esquire | $100k-$500k | $100k-$500k | M.D. Pa. | 6/10/2022 | POCONO MOUNTAIN LAKE FOREST COMMUNITY ASSN, INC. (Second Filing) | 22-01084 | John J. Martin | $500k-$1M | $100k-$500k | W.D. Okla. | 6/10/2022 | CDL University, LLC | 22-11257 | Gary D Hammond | $100k-$500k | $1M-$10M | D.P.R. | 6/10/2022 | ESJ Towers, Inc. | 22-01676 | Charles A. Cuprill | $10M-$50M | $10M-$50M | D.P.R. | 6/10/2022 | SIRIUS PROPERTIES CORP | 22-01663 | Carlos Alberto Ruiz | $500k-$1M | $500k-$1M | D. Del. | 6/9/2022 | Rider Hotel, LLC | 22-10522 | Mark Minuti | $10M-$50M | $10M-$50M | N.D.N.Y. | 6/9/2022 | Creative Encounters, LLC | 22-10533 | Elizabeth Fairbanks-Fletcher | $1M-$10M | $1M-$10M | E.D.N.Y. | 6/9/2022 | Wortman 760 Corp | 22-41319 | Pro Se | $0-$50k | $500k-$1M | N.D. Cal. | 6/9/2022 | Two Rocks of Two Rock, LLC | 22-10229 | Chris Kuhner | $1M-$10M | $1M-$10M | E.D. Pa. | 6/9/2022 | Holly Pond Partners, LLC | 22-11506 | Daniel S. Siedman | $1M-$10M | $1M-$10M | D. Colo. | 6/9/2022 | 5280 Auraria, LLC | 22-12059 | Michael J. Pankow | $50M-$100M | $50M-$100M | D. Minn. | 6/9/2022 | Fairmont Orthopedics & Sports Medicine, P.A. | 22-30926 | Kenneth C. Edstrom | $1M-$10M | $1M-$10M | W.D. Wash. | 6/9/2022 | Kingston, LLC | 22-10941 | Marc S. Stern | $1M-$10M | $1M-$10M | C.D. Cal. | 6/8/2022 | Fitness Anywhere LLC | 22-10949 | Ron Bender | $10M-$50M | $10M-$50M | C.D. Cal. | 6/8/2022 | TRX Holdco, LLC | 22-10948 | Ron Bender | $10M-$50M | $10M-$50M |
View All Filings
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Featured Article
Companies Stretch Limits of Small Business Bankruptcy Eligibility
Bankrupt companies are testing the boundaries of a relatively new form of Chapter 11 filing formed to streamline restructuring for small businesses, spotlighting the law’s loopholes on who’s eligible for it. Debtors filing bankruptcy under Subchapter V of the bankruptcy code, enacted by Congress in February 2020, get access to certain benefits not available in an ordinary Chapter 11. Those include debtors’ being able to keep equity and not having to deal with official creditor committees.
Read the full article
Bloomberg Law by Daniel Gill and Alex Wolf. Published June 10, 2022.
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Our daily newsletter provides access to recent significant chapter case filings,
relevant restructuring news and samples of our current distressed company profiles.
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