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Thursday, June 23, 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. | 6/22/2022 | Gold Standard Baking, LLC | 22-10559 | Domenic E. Pacitti | $100M-$500M | $100M-$500M | | D. Del. | 6/22/2022 | Gold Standard Holdings, Inc. | 22-10558 | Domenic E. Pacitti | $100M-$500M | $100M-$500M | | D. Del. | 6/22/2022 | Gold Standard Real Estate, LLC | 22-10560 | Domenic E. Pacitti | $100M-$500M | $100M-$500M | | E.D.N.Y. | 6/22/2022 | Nuvo Tower LLC | 22-41444 | Robert L. Rattet | $1M-$10M | $1M-$10M | | E.D.N.Y. | 6/22/2022 | TCN Liberty Management Inc (Second Filing) | 22-41452 | Ilevu Yakubov | $500k-$1M | $1M-$10M | | S.D. Fla. | 6/22/2022 | 274 Atlantic Isles LLC | 22-14810 | Glenn D. Moses | $1M-$10M | $1M-$10M | | M.D. Fla. | 6/22/2022 | South Trail Autobody, Inc. | 22-02489 | Benjamin G. Martin, Esq. | $0-$50k | $100k-$500k | | D.N.J. | 6/22/2022 | 1145 Thornton Ave LLC | 22-15056 | Andre L. Kydala, Esq. | $0-$50k | $0-$50k | | S.D. Ala. | 6/22/2022 | Andrews Automotive, LLC | 22-01410 | Pro Se | $100k-$500k | $500k-$1M | | D. Ariz. | 6/22/2022 | C.L. Maack, Inc. | 22-04046 | Christopher R. Kaup | $100k-$500k | $1M-$10M | | E.D. Ark. | 6/22/2022 | Operation Impact Community Development Center, Inc. | 22-11603 | Chauncy Graham | $0-$50k | $0-$50k | | E.D. Va. | 6/22/2022 | Ticonderoga Farms, LLC | 22-10794 | James R. Billings-Kang | $10M-$50M | $1M-$10M | | E.D.N.Y. | 6/21/2022 | Caribbean Real Estate Holdings Inc (Second Filing) | 22-71477 | Pro Se | $1M-$10M | $1M-$10M | | S.D. Ala. | 6/21/2022 | Diamond Scaffold Services, LLC | 22-11208 | Alexandra K. Garrett | $1M-$10M | $10M-$50M | | D. Idaho | 6/21/2022 | Sagewood LLC. (Third Filing) | 22-40242 | Quentin W. Lackey | $1M-$10M | $100k-$500k | | D. Md. | 6/21/2022 | Keyway Apartment Rentals, LLC | 22-13389 | Joseph M. Selba | $1M-$10M | $1M-$10M | | E.D.N.C. | 6/21/2022 | Dixon and Sons | 22-01346 | Samantha K. Brumbaugh | $100k-$500k | $500k-$1M | | E.D. Va. | 6/21/2022 | Ticonderoga Farms, LLC | 22-10794 | James R. Billings-Kang | $10M-$50M | $1M-$10M | | N.D. Cal. | 6/20/2022 | Connected Data, Inc. | 22-50516 | John W. Mills, III | $10M-$50M | $10M-$50M | | N.D. Cal. | 6/20/2022 | StorCentric, Inc. | 22-50515 | John W. Mills, III | $10M-$50M | $10M-$50M |
View All Filings
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Featured Article
Biden Signs Grassley-Led Bankruptcy Bill into Law
President Joe Biden today signed into law a bipartisan bill authored by Sen. Chuck Grassley (R-Iowa) to help small businesses and individuals stay afloat during bankruptcy. The Bankruptcy Threshold Adjustment and Technical Corrections Act (S. 3823) becomes law at a time when Americans are battling 40-year high inflation, rising interest rates and fears of a looming recession. As Judiciary Committee’s ranking member, Grassley partnered with Sens. Sheldon Whitehouse (D-R.I.), Dick Durbin (D-Ill.) and John Cornyn (R-Texas) to advance the bill, which unanimously cleared the Senate and passed in the House of Representatives with an overwhelmingly bipartisan vote of 392-21. “As American families and small businesses face mounting economic uncertainty amid historic inflation and spiking interest rates, it’s more important than ever that we remove hurdles to reorganizing when folks fall on hard times. Our bipartisan bill – now law – builds on my Small Business Reorganization Act in 2019 with Sen. Whitehouse to streamline the bankruptcy process for small businesses by eliminating onerous paperwork requirements designed for major corporations,” Grassley said.
Read the full article
Senator Chuck Grassley Published June 21, 2022.
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