Filing Alert: Highpoint Associates VI Chapter 11

Highpoint Associates VI, LLC, a real estate company that owns a multi-family apartment building and a row of commercial storefronts with residential units above in Queens, NY., filed for Chapter 11 protection on Jul. 13 in the U.S. Bankruptcy Court for the Eastern District of New York.

The company reports $10 million to $50 million in assets and $12.8 million in liabilities. The filing indicates that there will be funds available for distribution to unsecured creditors. The case number is 26-43372.

Key Parties

Counsel:

• Kevin Nash
  Goldberg Weprin Finkel Goldstein LLP
  Email: knash@gwfglaw.com

Chief Restructuring Officer:

• Lee E. Buchwald

Equity Security Holders:

• Highpoint Associates IV, LLC and Dan Shalom – 100% (subject to pledge and exercise of property rights)

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

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