Filing Alert: Innovative Technologies Group Chapter 11

The Innovative Technologies Group & Co., LTD and its debtor affiliate⁽¹⁾, a Jessup, MD-based manufacturer of NIR- and electro-optical-based analytical instruments, filed for Chapter 11 protection on Aug. 29 in the U.S. Bankruptcy Court for the District of Maryland.

The company reports $3.7 million in assets and $11.9 million in liabilities. The filing indicates that there will be funds available for distribution to unsecured creditors. The case number is 25-18000.

⁽¹⁾ Blue Sun Scientific, LLC.

Top Unsecured Claims

Key Parties

Counsel:

• Jeffrey M. Orenstein
• Wolff & Orenstein LLC
• Email: jorenstein@wolawgroup.com

Signatories:

• Robert Wilt – Chairman and Director

Equity Security Holders:

• Robert Wilt – 100% Equity Interest

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.

Subscribers can also opt in to timely filing alerts by updating their email preferences in Account Settings.