Bondoro Insights

Timely alerts and comprehensive summaries of Chapter 11 bankruptcy cases.

Success! Now Check Your Email

To complete Subscribe, click the confirmation link in your inbox. If it doesn’t arrive within 3 minutes, check your spam folder.

Ok, Thanks
Filing Alert: American Efficient Chapter 11 2 min read
Chapter 11 Filing Alerts

Filing Alert: American Efficient Chapter 11

American Efficient Files Chapter 11 in Western District of North Carolina

By Insights

American Efficient LLC and its debtor affiliates⁽¹⁾, a Durham, NC-based energy efficiency aggregator that participates in wholesale capacity markets, filed for Chapter 11 protection on Jul. 18 in the U.S. Bankruptcy Court for the Western District of North Carolina.

The company reports $1 million to $10 million in assets and $1 billion to $10 billion in liabilities. The filing indicates that there will be funds available for distribution to unsecured creditors. The case number is 26-30968.

⁽¹⁾ For a complete list of debtor entities, see the Chapter 11 Debtors table.


Chapter 11 Debtors

Affiliated Debtors Chart
Source: Bondoro, Court filings

Top Unsecured Claims

Form 204 Top Unsecured Claims
Source: Bondoro, Court filings

Key Parties

Counsel:
  • Jennifer B. Lyday
    Waldrep Wall Babcock & Bailey PLLC
    Email: notice@waldrepwall.com
Co-counsel:
  • Jenner & Block LLP
Signatories:
  • Benjamin S. Abram – Managing Director
Equity Security Holders:
  • AmEff Holdings Inc. – Sole Member (100%)

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

Stay informed on every Chapter 11 bankruptcy case with liabilities exceeding $10 million. Subscribe for free to have our coverage delivered directly to your inbox, and explore our full archive of past summaries.

Explore Bondoro Insights for live case dockets and comprehensive coverage of material filings from petition to plan confirmation.