August 15, 2022

Volume XII, Number 227

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August 12, 2022

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Weekly Bankruptcy Alert - Week Ending August 1, 2021

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

GBG USA, Inc.
(New York, NY)

Apparel and Notions Merchant Wholesalers

Manhattan
(NY)

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

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

07/29/21

GBG North American Holdings Co., Inc.
(New York, NY)

Apparel and Notions Merchant Wholesalers

Manhattan
(NY)

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

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

07/29/21

GBG Spyder USA LLC
(New York, NY)

Apparel and Notions Merchant Wholesalers

Manhattan
(NY)

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

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

07/29/21

Jimlar Corporation*
(New York, NY)

Apparel and Notions Merchant Wholesalers

Manhattan
(NY)

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

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

07/29/21

Homestead International Group, Ltd
(New York, NY)

Apparel and Notions Merchant Wholesalers

Manhattan
(NY)

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

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

07/29/21

IDS USA, Inc.
(New York, NY)

Apparel and Notions Merchant Wholesalers

Manhattan
(NY)

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

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

07/29/21

MESH LLC
(New York, NY)

Apparel and Notions Merchant Wholesalers

Manhattan
(NY)

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

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

07/29/21

Frye Retail, LLC
(New York, NY)

Apparel and Notions Merchant Wholesalers

Manhattan
(NY)

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

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

07/29/21

Kransnow Enterprises, Inc.
(New York, NY)

Apparel and Notions Merchant Wholesalers

Manhattan
(NY)

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

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

07/29/21

Kransnow Enterprises, Ltd.
(New York, NY)

Apparel and Notions Merchant Wholesalers

Manhattan
(NY)

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

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

07/29/21

Pacific Alliance USA, Inc.
(New York, NY)

Apparel and Notions Merchant Wholesalers

Manhattan
(NY)

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

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

07/29/21

Alpha Latam Management, LLC
(Wilmington, DE)

Finance

Wilmington
(DE)

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

$500,000,001
to
$1 Billion

08/01/21

AlphaCredit Latam S.A.S.
(Bogotá, D.C., Columbia)

Finance

Wilmington
(DE)

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

$500,000,001
to
$1 Billion

08/01/21

AlphaCredit Sudamerica, S. de R.L.
(Panama City, Panama)

Finance

Wilmington
(DE)

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

$500,000,001
to
$1 Billion

08/01/21

Acsa Atento S.A.S.
(Bogotá, D.C., Columbia)

Finance

Wilmington
(DE)

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

$500,000,001
to
$1 Billion

08/01/21

Vive Creditos Kusida S.A.S.
(Bogotá, D.C., Columbia)

Finance

Wilmington
(DE)

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

$500,000,001
to
$1 Billion

08/01/21

AlphaDebit, S.A. de C.V.
(Mexico City, Mexico)

Finance

Wilmington
(DE)

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

$500,000,001
to
$1 Billion

08/01/21

Alpha Capital S.A.S.
(Bogotá, D.C., Columbia)

Finance

Wilmington
(DE)

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

$500,000,001
to
$1 Billion

08/01/21

 *The Frye Company

Chapter 7

Debtor Name

Business
Type

Bankruptcy
Court

Assets

Liabilities

Filing
Date

Alaskan Seismic Ventures, LLC
(Wasilla, AK)

Seismic Data Library

Wilmington
(DE)

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

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

07/27/21

 

©2022 Pierce Atwood LLP. All rights reserved.National Law Review, Volume XI, Number 214
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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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