On February 26, 2020, Suitable Technologies, Inc., filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of Delaware (Lead Case No. 20-10432).  The Debtor reports assets in the range of $10 million to $50 million and liabilities in the range of $50 million to $100 million and estimated creditors of 200-999.  The Debtor anticipates that funds will be available for distribution to unsecured creditors.  The case has been assigned to the honorable Mary F. Walrath.

Cole Schotz does not represent the Debtors in this case. We are posting this for informational purposes only. If you have received a notice and have any questions, you should contact Debtors’ counsel.