Filing Alert: Hall Labs Chapter 11

Hall Labs, LLC, a Provo, UT-based accelerator/incubator, filed for Chapter 11 protection on Mar. 5 in the U.S. Bankruptcy Court for the District of Utah.

The company reports $100 million to $500 million in assets and $50 million to $100 million in liabilities. The filing indicates that there will be funds available for distribution to unsecured creditors. The case number is 25-21038.

Key Parties

Counsel:

• Andres Diaz
• Diaz & Larsen
• Email: courtmail@adexpresslaw.com

Signatories:

• David R. Hall – Chief Executive Officer

Equity Security Holders:

• David R. Hall – 100% Class A, 53.7% Class B
• The David R Hall Trust – 46.3% Class B

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

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