On February 24, 2021, Stream TV Networks, Inc., a Philadelphia-based media technology company founded in 2009 to develop and commercialize technology that would enable viewers to watch 3D content without 3D glasses, filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of Delaware (Case 21-10433).
Recent Developments
New Chapter 11 Filing – 96 Wythe Acquisition LLC
On February 23, 2021, 96 Wythe Acquisition LLC, whose principal property is the Williamsburg Hotel in Brooklyn, N.Y., filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the Southern District of New York (Case 21-22108). The company reports $50 million and $100 million in both assets and…
New Chapter 11 Filing – Evergreen Gardens Mezz LLC
On February 22, 2021, Evergreen Gardens Mezz LLC, a Brooklyn-based real estate entity, filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the Southern District of New York (Case 21-10335). The company reports $50 million and $100 million in both assets and liabilities. A link to the…
New Chapter 11 Filing – Country Fresh Holding Company, Inc.
On February 15, 2021, Country Fresh Holding Company, Inc. of Woodlands, TX, along with affiliated companies, filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the Southern District of Texas (Case No. 21-30575). Country Fresh is a provider of fresh-cut fruit, vegetables, and snack foods. The company…
New Chapter 11 Filing – Cyprus Mines Corporation
On February 11, 2021, Cyprus Mines Corporation filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of Delaware (Case No. 21-10255). The company reports $10 to $50 million in assets and $1 to $10 million in liabilities. According to the first day declaration, the…
New Chapter 11 Filing – Blue Spruce Corporation
On February 9, 2021, Blue Spruce Corporation, along with affiliated companies, filed a petition for relief under Subchapter V of Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the Southern District of New York (Case No. 21-10255). The company reports $1 to $10 million in assets and $100 to $500 thousand in…
New Chapter 11 Filing – Navient Solutions, LLC
On February 8, 2021, creditors filed an involuntary petition against Navient Solutions, LLC, the servicing arm of Navient Corporation, which manages nearly $300 billion in student loans for more than 12 million debtors after its 2014 split from Sallie Mae. The Petitioning Creditors, who previously owed student debt serviced by Navient, allege insolvency based on,…
New Chapter 11 Filing – Anglin Cultured Stone Products LLC
On February 8, 2021, Anglin Cultured Stone Products LLC, a Delaware-based construction company, filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of Delaware (Case No. 21-10389). The company reports $100 to $500 thousand in assets and $1 to $10 million in liabilities.
Cole Schotz…
New Chapter 11 Filing – Greylock Capital Associates, LLC
On January 31, 2021, Greylock Capital Associates, LLC, the parent of Greylock Capital Management, LLC, an SEC-registered alternative investment advisor that advises pooled vehicles and separate accounts for institutional and high net worth investors with a focus on emerging markets credit, filed a petition for relief under Chapter 11 of the Bankruptcy Code in the…
New Chapter 11 Filing – Knotel, Inc.
On January 31, 2021, Knotel, Inc., a New York-based flexible workspace provider, along with numerous affiliates, filed petitions for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of Delaware (Case 21-10146). The company reports $1 billion to $10 billion in both assets and liabilities. A link to the…