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Volume XIII, Number 152

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Weekly Bankruptcy Alert: March 20, 2023

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.

Because your business extends beyond the borders of a single state, ours does too. Today, we are a multi-disciplinary team of highly creative, hard working, responsive, business savvy and experienced bankruptcy and creditors’ rights professionals serving you from offices located in four New England states and the District of Columbia.

Chapter 11

Debtor Name Business
Type
Bankruptcy
Court
Assets Liabilities Filing
Date
Wonder Corps Holdings, LLC
(Warren, RI)
Not Disclosed Providence
(RI)
$0
to
$50,000
$50,001
to
$100,000
03/14/23
NewCo, LLC
(Nashua, NH)
Activities Related to Real Estate Concord
(NH)
$1,000,001
to
$10 Million
$1,000,001
to
$10 Million
03/14/23
SVB Financial Group
(New York, NY)
Other Financial Activities Manhattan
(NY)
$1 Billion
to
$10 Billion
$1 Billion
to
$10 Billion
03/17/23

Chapter 7

Debtor Name Business
Type
Bankruptcy
Court
Assets Liabilities Filing
Date
GR Auto Services Inc.
(Medford, MA)
Not Disclosed Boston
(MA)
$0
to
$50,000
$0
to
$50,000
03/15/23
Hertling, LLC
(Fall River, MA)
Not Disclosed Boston
(MA)
$100,001
to
$500,000
$1,000,001
to
$10 Million
03/14/23
JLC Industry, LLC
(Fall River, MA)
Not Disclosed Boston
(MA)
$100,001
to
$500,000
$1,000,001
to
$10 Million
03/14/23
RAC Asset Holdings, LLC
(Memphis, TN)
Automobile Dealers Wilmington
(DE)
$50,000,001
to
$100 Million
$50,000,001
to
$100 Million
03/14/23
RAC Dealership, LLC
(Memphis, TN)
Automobile Dealers Wilmington
(DE)
$50,000,001
to
$100 Million
$50,000,001
to
$100 Million
03/14/23
RAC Intermediate Holdings, LLC
(Memphis, TN)
Automobile Dealers Wilmington
(DE)
$50,000,001
to
$100 Million
$50,000,001
to
$100 Million
03/14/23
RAC Investment Holdings, LLC
(Memphis, TN)
Automobile Dealers Wilmington
(DE)
$50,000,001
to
$100 Million
$50,000,001
to
$100 Million
03/14/23
RAC King, LLC
(Memphis, TN)
Automobile Dealers Wilmington
(DE)
$50,000,001
to
$100 Million
$50,000,001
to
$100 Million
03/14/23
RAC Servicer, LLC
(Memphis, TN)
Automobile Dealers Wilmington
(DE)
$50,000,001
to
$100 Million
$50,000,001
to
$100 Million
03/14/23
UJUUMedia, Inc.
(New York, NY)
Not Disclosed Manhattan
(NY)
$1,000,001
to
$10 Million
$1,000,001
to
$10 Million
03/18/23
©2023 Pierce Atwood LLP. All rights reserved.National Law Review, Volume XIII, Number 79
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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.

Our Business Group seeks to be an...

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