Filing Alert: 88 Industrial Park Road Blvd Chapter 11

88 Industrial Park Road Blvd, LLC, a single asset real estate company whose principal asset is an industrial property at 88 Industrial Park Road in Pennsville, NJ, filed for Chapter 11 protection on Sep. 9 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 there will be funds available for distribution to unsecured creditors. The case number is 26-20293.

Top Unsecured Claims

Key Parties

Counsel:

• Eric H. Horn
  A.Y. Strauss, Attorneys at Law
  Email: ehorn@aystrauss.com

Signatories:

• Mark Taub – Chief Restructuring Officer

Equity Security Holders:

• Joseph Saadia – 100% Equity Interest

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

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