Filing Alert: Ignit Sports & Fitness Chapter 11
Ignit Sports & Fitness Files Chapter 11 in Southern District of Iowa
Ignit Johnston, LLC (dba Ignit Sports & Fitness), a Johnston, IA-based owner and developer of a planned youth sports and recreation complex, filed for Chapter 11 protection on Oct. 20 in the U.S. Bankruptcy Court for the Southern District of Iowa.
The company reports $10 million to $50 million in both assets and liabilities. The filing indicates that there will be funds available for distribution to unsecured creditors. The case number is 26-01910.
Key Parties
Counsel:
- Krystal Mikkilineni
Clark Hill PLC
Email: kmikkilineni@clarkhill.com
Signatories:
- Ken Miller – Chief Restructuring Officer
Bondoro Insights is continuing to monitor this case and will provide further coverage as appropriate.
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