Filing Alert: 575 River Road Edgewater Chapter 11

575 River Road Edgewater LLC, a Fort Lee, NJ-based single asset real estate company, filed for Chapter 11 protection on Sep. 25 in the U.S. Bankruptcy Court for the District of New Jersey.

The company reports $45 million in assets and $67.4 million in liabilities. The filing indicates that no funds will be available for distribution to unsecured creditors after administrative expenses are paid. The case number is 25-20056.

Top Unsecured Claims

Key Parties

Counsel:

• Yimin Chen
• Law Offices of Chen & Associates, P.C.
• Email: mindy@ymclaw.com

Signatories:

• Fan Liu – Manager

Equity Security Holders:

• Fan Liu – 55% Equity Interest

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

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