Filing Alert: 109 Jerome Ave Chapter 11

109 Jerome Ave LLC, a single asset real estate company whose principal asset is a residential property at 109 Jerome Avenue in Deal, NJ, filed for Chapter 11 protection on Aug. 17 in the U.S. Bankruptcy Court for the Southern District of New York.

The company reports $15 million in assets and $11.8 million in liabilities. The filing indicates that there will be funds available for distribution to unsecured creditors. The case number is 26-11975.

Key Parties

Counsel:

• Fred S. Kantrow
  The Kantrow Law Group, PLLC
  Email: fkantrow@thekantrowlawgroup.com

Signatories:

• Eduard Gitlin – Managing Member

Equity Security Holders:

• Eduard Gitlin – 100% Equity Interest

Bondoro Insights is continuing to monitor this case and will provide further coverage as appropriate.

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