Filing Alert: Allstar Properties I Chapter 11

Allstar Properties I, LLC and its debtor affiliates⁽¹⁾, an Aragon, GA-based real-estate holding company, filed for Chapter 11 protection on Aug. 31 in the U.S. Bankruptcy Court for the Northern District of Georgia.

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 25-41315.

⁽¹⁾ RAMBO I, LLC and Allstar Properties, LLC.

Top Unsecured Claims

Key Parties

Counsel:

• Anna Humnicky
• Small Herrin, LLP
• Email: ahumnicky@smallherrin.com

Signatories:

• Andrew C. Heaner – Majority Member

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

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