Filing Alert: 441 Summer 2 LLC Chapter 11

441 Summer 2 LLC, a Newark, NJ-based residential real estate company, filed for Chapter 11 protection on Jan. 20 in the U.S. Bankruptcy Court for the District of New Jersey.

The company reports $10 million to $50 million in both assets and liabilities. The filing indicates that no funds will be available for distribution to unsecured creditors after administrative expenses are paid. The case number is 26-10605.

Key Parties

Signatories:

• Joaquim Ferreira – CEO

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

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