Filing Alert: AccuRadio Chapter 11
AccuRadio Files Chapter 11 in Northern District of Illinois
AccuRadio, LLC, a Chicago, IL-based internet radio and music streaming service, filed for Chapter 11 protection on May 14 in the U.S. Bankruptcy Court for the Northern District of Illinois.
The company reports $1 million in assets and $10.5 million in liabilities. The filing indicates that there will be funds available for distribution to unsecured creditors. The case number is 25-07366.
Top Unsecured Claims
Key Parties
Counsel:
- Derek D. Samz
- Golan Christie Taglia LLP
- Email: ddsamz@gct.law
Signatories:
- Kurt Hanson – Manager
Equity Security Holders:
- AccuRadio, Inc. – 68.5% Equity Interest
- Nantworks LLC – 20.6% Equity Interest
- Other Minority Holders – 10.9% Equity Interest
Bondoro Insights is continuing to monitor this case and will provide further coverage as appropriate.
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