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Weekly Bankruptcy Alert October 11, 2022 (For the week ending October 9, 2022)

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
Ultra Seal Corporation
(New Paltz, NY)
Not Disclosed Poughkeepsie
(NY)
$1,000,001
to
$10 Million
$1,000,001
to
$10 Million
10/06/22
Ultra-Tab Laboratories, Inc.
(Highland, NY)
Not Disclosed Poughkeepsie
(NY)
$1,000,001
to
$10 Million
$1,000,001
to
$10 Million
10/06/22
Kabbage, Inc.
(Atlanta, GA)
Activities Related to Credit Intermediation Wilmington
(DE)
$500,000,001
to
$1 Billion
$500,000,001
to
$1 Billion
10/03/22
Kabbage Canada Holdings, LLC
(Atlanta, GA)
Activities Related to Credit Intermediation Wilmington
(DE)
$500,000,001
to|
$1 Billion
$500,000,001
to
$1 Billion
10/03/22
Kabbage Asset Securitization, LLC
(Atlanta, GA)
Activities Related to Credit Intermediation Wilmington
(DE)
$500,000,001
to
$1 Billion
$500,000,001
to
$1 Billion
10/03/22
Kabbage Asset Funding 2017-A, LLC
(Atlanta, GA)
Activities Related to Credit Intermediation Wilmington
(DE)
$500,000,001
to
$1 Billion
$500,000,001
to
$1 Billion
10/03/22
Kabbage Asset Funding 2019-A, LLC
(Atlanta, GA)
Activities Related to Credit Intermediation Wilmington
(DE)
$500,000,001
to
$1 Billion
$500,000,001
to
$1 Billion
10/03/22
Kabbage Diameter, LLC
(Atlanta, GA)
Activities Related to Credit Intermediation Wilmington
(DE)
$500,000,001
to
$1 Billion
$500,000,001
to
$1 Billion
10/03/22

Chapter 7

Debtor Name Business
Type
Bankruptcy
Court
Assets Liabilities Filing
Date
Inthink, LLC
(Worcester, MA)
Not Disclosed Worcester
(MA)
$0
to
$50,000
$550,001
to
$1 Million
10/06/22
©2023 Pierce Atwood LLP. All rights reserved.National Law Review, Volume XII, Number 284
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About this Author

Pierce Atwood's Bankruptcy and Creditors' Rights team is multidisciplinary, drawing upon our banking, litigation, business, mergers and acquisitions and real estate experience to address the broad range of issues often involved in dealing with financially distressed entities effectively and efficiently. Our team represents secured creditors, trade and other unsecured creditors, bankruptcy and indenture trustees, government agencies, lessors, licensors, licensees, financially distressed entities, and acquirers of distressed assets and entities in and out of bankruptcy. Members of our team...

207-791-1336
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