Filing Alert: JDI Cumberland Inlet Chapter 11
JDI Cumberland Inlet Files Chapter 11 in Northern District of Georgia
JDI Cumberland Inlet, LLC, an Atlanta, GA-based real estate development company, filed for Chapter 11 protection on May 5 in the U.S. Bankruptcy Court for the Northern District of Georgia.
The filing comes amid financial strain linked to the company’s stalled redevelopment of a 719-acre waterfront site in St. Marys, GA. According to media reports, the project—backed by $11 million in local bond financing—faced missed payments, including a $182,000 obligation in February, prompting foreclosure proceedings by the Camden County JDA.
The company reports $100 million to $500 million in assets and $10 million to $50 million in liabilities. The filing indicates that there will be funds available for distribution to unsecured creditors. The case number is 25-55072.
Top Unsecured Claims

Key Parties
Counsel:
- William Rountree
- Rountree, Leitman, Klein & Geer, LLC
- Email: wrountree@rlkglaw.com
Signatories:
- James F. Jacoby – Authorized Representative
Bondoro Insights is continuing to monitor this case and will provide further coverage as appropriate.
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