Filing Alert: Avon Place Chapter 11

Avon Place LLC, a real estate company that owns the properties at 44, 46, 47, 48 Avonwood Road in Avon, CT, filed for Chapter 11 protection on Mar. 21 in the U.S. Bankruptcy Court for the Eastern District of New York.

According to the filing, one of the properties located at 44 Avonwood Road requires immediate attention due to fire damage. The property is insured through Avalon Risk Management.

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 25-41368.

Top Unsecured Claims

Key Parties

Counsel:

• Mark Frankel
• Backenroth Frankel & Krinsky, LLP
• Email: mfrankel@bfklaw.com

Signatories:

• David Goldwasser – CRO

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

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