Destination Properties of America LLC, an Avondale, Arizona-based travel and real estate agency, has filed a petition for relief under Chapter 11 in the Bankruptcy Court for the District of Delaware (Case No. 18-10732). The Petition identifies the Debtor as a small business debtor and estimates the Debtor’s assets to be between $1–$10 million and liabilities to be between $500,000–$1 million. A list of top creditors has not yet been filed. No claims or noticing agent has been proposed. The case has been assigned to the Honorable Laurie Selber Silverstein.
Contact Norman L. Pernick for more information regarding this matter. Please note, however, that Cole Schotz P.C. does not represent the debtors in these cases and cannot respond to questions directed toward the debtors.