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Weekly Bankruptcy Alert: December 21, 2020

Covering reported business bankruptcy filings in Massachusetts, Maine, New Hampshire and Rhode Island, and Chapter 11 bankruptcy filings in New York and Delaware listing assets of more than $1 million

Chapter 11

Debtor Name

Business
Type

Bankruptcy
Court

Assets

Liabilities

Filing
Date

Zaana-17 LLC
(Dracut, MA)

Construction

Worcester
(MA)

$1,000,001
to
$10,000,000

$1,000,001
to
$10,000,000

12/16/20

Shelton Brothers, Inc.
(Belchertown, MA)

Food & Beverage
Importer

Springfield
(MA)

$1,000,001
to
$10,000,000

$1,000,001
to
$10,000,000

12/18/20

85 Flatbush RHO Mezz LLC
(Hollywood, FL)

Real Estate

White
Plains
(NY)

$50,000,001
to
$100,000,000

$50,000,001
to
$100,000,000

12/18/20

BC Hospitality Group Inc.
(New York, NY)

Restaurants

Wilmington
(DE)

$10,000,001
to
$50,000,000

$1,000,001
to
$10,000,000

12/14/20

In-Shape Holdings, LLC
(Stockton, CA)

Amusements and
Recreation
Industries

Wilmington
(DE)

$50,000,001
to
$100,000,000

$100,000,001
to
$500,000,000

12/16/20

 

Chapter 7

Assets

Debtor Name

Business
Type

Bankruptcy
Court

Liabilities

Filing
Date

Pyrolyx USA, Inc
(Wilmington, DE)

Chemical
Manufacturing

Wilmington
(DE)

$1,000,001
to
$10,000,000

$10,000,001
to
$50,000,000

12/15/20

Kranos Corporation
(Litchfield, IL)

Miscellaneous
Manufacturing

Wilmington
(DE)

$1,000,001
to
$10,000,000

$50,000,001
to
$100,000,000

12/18/20

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©2021 Pierce Atwood LLP. All rights reserved.National Law Review, Volume X, Number 356
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About this Author

Pierce Atwood's Business Group counsels enterprises large and small on both their daily business needs and most crucial business transactions. Known for our core strengths in serving middle-market companies, we assist clients of every size, from NYSE-listed companies to the proverbial entrepreneurs in a garage. Our clients are involved in industries as diverse as life sciences, medical devices, software, telecommunications, footwear and apparel, banking and financial services, renewable energy, petroleum products distribution and forestry products.

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