On December 14, 2021, All Year Holdings Limited, a Brooklyn-based real estate development, construction, acquisition, leasing and management firm, owned by Yoel Goldman, filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the Southern District of New York (Case No. 21-12051). The bankruptcy filing comes on the heels of the company discovering a $37.8 million confession of judgment was entered by Goldman, the sole shareholder and founder, without the board’s approval. The company reports $1 to $10 billion in both assets and liabilities.
Cole Schotz does not represent the Debtor in this case. We are posting this for informational purposes only. If you have received a notice and have any questions, you should contact Debtor’s counsel.
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