Filing Alert: Brightmark Chapter 11
Brightmark Files Chapter 11 in District of Delaware
Brightmark Plastics Renewal LLC and its debtor affiliates⁽¹⁾, a San Francisco, CA-based circular innovations company focused on converting waste into new products and renewable energy, filed for Chapter 11 protection on Mar. 16 in the U.S. Bankruptcy Court for the District of Delaware.
The company reports $100 million to $500 million in both assets and liabilities. The filing indicates that there will be funds available for distribution to unsecured creditors. The case number is 25-10472.
⁽¹⁾ Brightmark Plastics Renewal Indiana LLC and Brightmark Plastics Renewal Services LLC.
Top Unsecured Claims
Key Parties
Counsel:
- Jeremy W. Ryan
- Potter Anderson & Corroon LLP
- Email: jryan@potteranderson.com
Investment Banker:
- SSG Capital Advisors, LLC
Claims Agent:
- Omni Agent Solutions, Inc.
Signatories:
- Craig R. Jalbert – Chief Restructuring Officer
- Timothy J. Bernlohr – Independent Manager
Equity Security Holders:
- Brightmark Plastics Renewal Holdings LLC – 100% Equity Interest
Bondoro Insights is continuing to monitor this case and will provide further coverage as appropriate.
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