Filing Alert: 63 Spring Lafayette Chapter 11

63 Spring Lafayette LLC, a Asbury Park, NJ-based single asset real estate company whose principal asset is a mixed-use building, filed for Chapter 11 protection on Mar. 10 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 26-12619.

Key Parties

Counsel:

• Eric H. Horn
  A.Y. Strauss, LLC
  Email: [email protected]

Signatories:

• Mark Taub

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

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