Omni Logo
Thursday, March 16, 2023

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
E.D.N.Y.3/15/2023Indian Pipe Drive LLC23-70882Dawn Kirby$1M-$10M$1M-$10M
E.D.N.Y.3/15/2023The 105-31 150th Street Realty LLC23-40875Richard F. Artura$500k-$1M$1M-$10M
N.D.N.Y.3/15/2023The Roman Catholic Diocese of Albany, New York23-10244Francis J. Brennan$10M-$50M$50M-$100M
N.D. Cal.3/15/2023BEF, LLC23-40291Geoffrey E. Wiggs$500k-$1M$0-$50k
W.D. Tex.3/15/2023Paso Del Norte Materials, LLC23-30252E.P. Bud Kirk$0-$50k$1M-$10M
D. Nev.3/15/2023COCOMOES, LLC23-50160KEVIN A DARBY$0-$50k$500k-$1M
W.D. Pa.3/15/2023Rice Enterprises, LLC23-20556Kirk B. Burkley$10M-$50M$1M-$10M
E.D. Pa.3/15/2023Stream TV Networks, Inc. (Second Filing)23-10763Rafael X. Zahralddin-Aravena$500M-$1B$10M-$50M
E.D. Pa.3/15/2023Technovative Media, Inc.23-10764Asher A. Block$500M-$1B$1M-$10M
D. Ariz.3/15/2023Athena Medical Group, LLC23-01635Mark J. Giunta$1M-$10M$10M-$50M
N.D. Ga.3/15/2023RMG Sports Group Inc23-52472Pro Se$100k-$500k$500k-$1M
E.D.N.Y.3/14/202351 HILLS LLC23-40849Pro Se$100k-$500k$100k-$500k
C.D. Cal.3/14/2023Valley Property Ventures, LLC23-10981David M. Goodrich$1M-$10M$1M-$10M
C.D. Cal.3/14/2023Wavecrest Enterprises LLC23-11438Thomas B. Ure$1M-$10M$1M-$10M
S.D. Tex.3/14/2023Diamond Sports Group, LLC23-90116John F. Higgins$1B-$10B$1B-$10B
N.D. Tex.3/14/2023Hall Cattle Feeders LLC23-20039Van W. Northern$10M-$50M$1M-$10M
W.D. Tex.3/14/2023J.A.R. Concrete, Inc.23-30242E.P. Bud Kirk$1M-$10M$1M-$10M
D. Nev.3/14/2023Arts District Real Estate # 1, LLC23-10963Mitchell S. Bisson, Esq.$1M-$10M$1M-$10M
W.D. Mich.3/14/2023Atlas Heavy Engine Co.23-00530Steven M. Bylenga$1M-$10M$1M-$10M
N.D. Ala.3/14/2023Premier Cajun Kings, LLC23-00656Jesse S. Vogtle, Jr.$1M-$10M$10M-$50M

View All Filings
Featured Article

Bankruptcy Court Approves Service of Subpoenas Via Email and Twitter

In the Chapter 15 case of Three Arrows Capital, Ltd., the Bankruptcy Court for the Southern District of New York recently held that Rule 45 of the Federal Rule of Civil Procedure (“Rule 45”) authorizes service of subpoenas to U.S. nationals or residents who are in a foreign country through alternative means to personal service, including via email and Twitter. In reaching this conclusion, the Bankruptcy Court noted the “curious” lack of case law on alternative service in the context of Rule 45 but was “convinced” that service via email and social media can be used to establish actual notice so as to satisfy the requirement of due process.


Three Arrows Capital, Ltd. (“3AC”) is a Singapore-based cryptocurrency investment firm incorporated under the laws of the British Virgin Islands (“BVI”), co-founded by Kyle Livingstone Davies and Su Zhu (the “Founders”). The once-prominent firm collapsed in the wake of what became widely known as the “crypto winter” and commenced a liquidation proceeding in BVI (the “BVI Proceeding”). The joint liquidators appointed in the BVI Proceeding, acting as foreign representatives (the “Foreign Representatives”), commenced a Chapter 15 case in the Bankruptcy Court and were granted certain provisional relief to preserve 3AC’s assets located in the United States, including the authority to conduct discovery through subpoenas.

Read the full article

Dechert LLP by Shmuel Vasser and Donghao (Helen) Yan. Published March 15, 2023.

Latest News

Albany Catholic Diocese Files for Bankruptcy

Goldman Sachs Cuts GDP Forecast Because of Stress on Small Banks, Which Are Key to U.S. Economy

SVB's Parent Company May File for Bankruptcy

Tuesday Morning to Close More Than 250 Stores After Bankruptcy Filing

Bally Sports Owner Declares Bankruptcy, Citing $8 Billion in Debt

Voyager-Binance.US Pause Denied by Bankruptcy Judge

Birmingham Popeye's Franchisee Files for Bankruptcy

Quick Links

Today Newsletter
Subcribe Now
Our daily newsletter provides access to recent significant chapter case filings, relevant restructuring news and samples of our current distressed company profiles.
brian-nl.jpg paul-nl.jpg alison-nl.jpg
Brian Osborne Paul Deutch Alison Miller
[email protected] [email protected] [email protected]
818.906.8300 212.302.3580 917.364.0508
© 2023 Omni Agent Solutions. All Rights Reserved