Filing Alert: AZ 400 Herkimer Chapter 11

AZ 400 Herkimer LLC, a Flushing, NY-based real estate owner of the 154-unit apartment building at 400 Herkimer Street in Brooklyn, filed for Chapter 11 protection on Oct. 10 in the U.S. Bankruptcy Court for the Eastern District of New York.

The company reports $10 million to $50 million in both assets and liabilities. The filing indicates that no funds will be available for distribution to unsecured creditors after administrative expenses are paid. The case number is 25-44916.

Key Parties

Counsel:

• Lawrence Morrison
  Morrison Tenenbaum PLLC
  Email: lmorrison@m-t-law.com

Signatories:

• Mark Taub – Chief Restructuring Officer

Equity Security Holders:

• Amarbin Ahmed – sole member/manger

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

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