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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
| Court | Filed | Debtor | Case No | Attorney | Assets | Liabilities |
|---|---|---|---|---|---|---|
| N.D.N.Y. | 2/28/2023 | 7 Perry Hill Road LLC | 23-10195 | Raymond Ragues | $100k-$500k | $100k-$500k |
| C.D. Cal. | 2/28/2023 | Immediate Properties, LLC | 23-10248 | Michael Jay Berger | $1M-$10M | $1M-$10M |
| C.D. Cal. | 2/28/2023 | Pacific Bend, Inc. | 23-10761 | Vanessa M. Haberbush | $10M-$50M | $10M-$50M |
| N.D. Cal. | 2/28/2023 | Timberstone 4038T, LLC., a Delaware limited liability company | 23-30109 | Sarah M. Stuppi | $1M-$10M | $1M-$10M |
| S.D. Fla. | 2/28/2023 | 65 Team LLC (Second Filing) | 23-11588 | Pro Se | $500k-$1M | $100k-$500k |
| D. Mass. | 2/28/2023 | Scharn Industries, LLC | 23-10298 | Gary W. Cruickshank | $50k-$100k | $500k-$1M |
| M.D. Pa. | 2/28/2023 | Northeast Tomato Distributors Inc. | 23-00432 | Robert E. Chernicoff | $1M-$10M | $1M-$10M |
| D. Colo. | 2/28/2023 | Western Slope Holding Company | 23-10711 | Stephen Berken | $500k-$1M | $1M-$10M |
| E.D. La. | 2/28/2023 | Pearl Inc. | 23-10276 | Robin R. De Leo | $100k-$500k | $1M-$10M |
| N.D. Miss. | 2/28/2023 | FeiliTech US LLC | 23-10599 | Kristina M. Johnson | $1M-$10M | $1M-$10M |
| M.D.N.C. | 2/28/2023 | Berktree, LLC | 23-80037 | James C. White | $50k-$100k | $1M-$10M |
| W.D.N.C. | 2/28/2023 | Dei Vitae Enterprises, LLC | 23-30148 | John C. Woodman | $1M-$10M | $1M-$10M |
| M.D.N.C. | 2/28/2023 | K Medical Supplies, LLC | 23-80036 | James C. White | $100k-$500k | $1M-$10M |
| D.P.R. | 2/28/2023 | JG FOOD AND ENTERTAINMENT, LLC | 23-00603 | Carlos Alberto Ruiz | $0-$50k | $50k-$100k |
| E.D. Va. | 2/28/2023 | Macedon Consulting Inc. | 23-10300 | Michael E. Hastings | $1M-$10M | $1M-$10M |
| S.D.N.Y. | 2/27/2023 | Aru Pharma, Inc. | 23-22157 | Michael. G. McAuliffe | $100k-$500k | $1M-$10M |
| S.D.N.Y. | 2/27/2023 | GAV Rest. Corp | 23-10275 | Lawrence Morrison | $0-$50k | $100k-$500k |
| C.D. Cal. | 2/27/2023 | DVD Factory, Inc. | 23-11085 | Michael Jay Berger | $1M-$10M | $1M-$10M |
| N.D. Ill. | 2/27/2023 | Chicago South Loop Hotel Owner, LLC | 23-02595 | Penelope N. Bach | $10M-$50M | $1M-$10M |
| W.D. Tex. | 2/27/2023 | Cen Tex Superior Installation LLC | 23-10106 | Robert C Lane | $100k-$500k | $100k-$500k |
Featured Article
Proposed UCC Amendments: Old Article 9 & New Article 12
Proposed amendments to the Uniform Commercial Code are being introduced, during January and February of 2023, as bills in state legislatures across the land.
The Uniform Commercial Code (“UCC”) has been enacted, in some form, by all fifty of the United States and by the District of Columbia. The UCC:
Read the full articlemediatbankry by Donald L. Swanson. Published February 28, 2023.
Latest News
| Bed Bath & Beyond Dives 50% in February – It's Second-Worst Monthly Performance Ever – As the Meme Stock Teeters on the Edge of Bankruptcy |
| Diamond Sports Group, LLC’s Potential Bankruptcy and Its Effects on MLB, NHL & NBA Teams |
| Full List of Stores Closing in 2023 in ‘Retail Apocalypse’ – From Beloved Home Retailer to Grocery Staple |
| SCOTUS Holds Fraud-Discharge Exception Extends to All Debts Procured by Fraud Irrespective of Debtor's Culpability |
| US Economy Sending Mixed Signals: Here’s What It All Means |
| 97% of Voyager Digital Creditors Approve Bankruptcy Plan After Market Regulator Objections |
| ‘Classic Ponzi Scheme’: Angry Creditors Lambast CEO of Kansas Asset-Swap Business in Court Records |
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