Filing Alert: Catona Climate Chapter 11
Catona Climate Files Chapter 11 in District of Delaware
CTN Holdings, Inc. (dba Catona Climate) and its debtor affiliates⁽¹⁾, a San Francisco, CA-based climate finance company focused on high-quality, nature-based carbon solutions, filed for Chapter 11 protection on Mar. 30 in the U.S. Bankruptcy Court for the District of Delaware.
The company reports $50 million to $100 million in assets and $100 million to $500 million in liabilities. The filing indicates that there will be funds available for distribution to unsecured creditors. The case number is 25-10603.
⁽¹⁾ For a complete list of debtor entities, see the Chapter 11 Debtors table.
Chapter 11 Debtors
Top Unsecured Claims
Key Parties
Counsel:
- William F. Taylor, Jr.
- Whiteford, Taylor & Preston LLC
- Email: wtaylor@whitefordlaw.com
Signatories:
- Miles Staglik – Chief Restructuring Officer
Claims Agent:
- Kurtzman Carson Consultants, LLC dba Verita Global
Equity Security Holders:
- OCM Aspiration Holdings, LLC – 23.3% Equity Interest
- Clover Private Credit Opportunities Origination (Levered) II LP – 11.9% Equity Interest
- BPCCInc., LLC – 7.8% Equity Interest
- Other Minority Holders – 57.1% Equity Interest
Bondoro Insights is continuing to monitor this case and will provide further coverage as appropriate.
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