Filing Alert: Flipcause Chapter 11
Flipcause Files Chapter 11 in District of Delaware
Flipcause, Inc., an Oakland, CA-based provider of fundraising and donor-management software for nonprofits, filed for Chapter 11 protection on Dec. 19 in the U.S. Bankruptcy Court for the District of Delaware.
The company reports $20.2 million in assets and $30.5 million in liabilities. The filing indicates that there will be funds available for distribution to unsecured creditors. The case number is 25-12246.
Top Unsecured Claims
Key Parties
Counsel:
- Ronald S. Gellert
Gellert Seitz Busenkell & Brown, LLC
Email: rgellert@gsbblaw.com
Investment Banker:
- SC&H Capital
Signatories:
- Emerson Rayvn – Executive Chairman
Claims Agent:
Bondoro Insights is continuing to monitor this case and will provide further coverage as appropriate.
Stay informed on every Chapter 11 bankruptcy case with liabilities exceeding $10 million. Subscribe for free to have our coverage delivered directly to your inbox, and explore our full archive of past summaries.
Explore Bondoro Insights for live case dockets and comprehensive coverage of material filings from petition to plan confirmation.
