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Filing Alert: Amare Vita Chapter 11 2 min read
Chapter 11 Filing Alerts

Filing Alert: Amare Vita Chapter 11

Amare Vita Files Chapter 11 in Southern District of Iowa

By Bondoro

MavenCrux I, LLC (dba Amare Vita at Shadow Creek), a Clive, IA-based active adult community developer, filed for Chapter 11 protection on Mar. 3 in the U.S. Bankruptcy Court for the Southern District of Iowa.

The company reports $12.2 million in assets and $25.2 million in liabilities. The filing indicates that there will be funds available for distribution to unsecured creditors. The case number is 25-00292.


Top Unsecured Claims

Form 204 Top Unsecured Claims
Source: Court filings

Key Parties

Counsel:
  • Jeffrey D. Goetz
  • Dickinson, Bradshaw, Fowler & Hagen, PC
  • Email: jgoetz@dickinsonbradshaw.com
Signatories:
  • Louis S. Weltman – Manager & Chief Restructuring Officer
Equity Security Holders:
  • Valiant Shadow Creek, LLC – 71.2% Equity Interest
  • Jason Konopik – 7.1% Equity Interest
  • Scott Gordon – 7.1% Equity Interest
  • Dwight N. Soethout – 7.1% Equity Interest
  • Jonathan (Ross) Nichols – 6.0% Equity Interest
  • Bryan G. Schnurr – 1.4% Equity Interest

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

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