Filing Alert: 5717 Ferguson Project Chapter 11

5717 Ferguson Project, LLC, a single asset real estate company whose principal asset is an industrial property in Commerce, CA, filed for Chapter 11 protection on Oct. 27 in the U.S. Bankruptcy Court for the Central District of California.

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 26-20848.

Top Unsecured Claims

Key Parties

Counsel:

• Uzzi O. Raanan
  Greenberg Glusker, LLP
  Email: uraanan@ggfirm.com

Signatories:

• Houman Nikbakht – NIK Investment Group, LLC

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

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