Delaware Sports Complex, LLC, which operates an 180 acre indoor and outdoor sports facility and the 190 acre St. Annes golf course in Middletown, Delaware, has filed a petition for relief under Chapter 11 in the Bankruptcy Court for the District of Delaware (Case No. 17-11175).  According to the Petition, the Debtor is filing as a small business debtor.  The Petition estimates the Debtor’s assets and liabilities to both be between $1–$10 million.  The Debtor has filed a DIP Financing Motion seeking authority to borrow up to $278,750 in order to fund its professional and statutory fees throughout the case.  The Debtor has not moved to appoint a claims or noticing agent.  The case has been assigned to the Honorable Kevin Gross.

Contact Norman L. Pernick and Nicholas J. Brannick for more information.