Filing Alert: Kauffman Apts Developer Chapter 11
Kauffman Apts Developer Files Chapter 11 in Western District of Texas
Star Infra, LLC, owner and developer of the planned Kauffman Apts multifamily project in Liberty Hill, TX, filed for Chapter 11 protection on Feb. 2 in the U.S. Bankruptcy Court for the Western District of Texas.
The company reports $25 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 26-10197.
Top Unsecured Claims
Key Parties
Counsel:
- Jack N. Fuerst
Jack N. Fuerst, Attorney at Law
Email: [email protected]
Signatories:
- Sivarama Katta – Manager
Equity Security Holders:
- Haritha Katta – 31.9% Equity Interest
- Gangaparaasdreddy Ramireddy – 28% Equity Interest
- Chirag Prahan – 8.9% Equity Interest
- Brahmaiah Chowdhary Mummineni – 8.7% Equity Interest
- Suresh Takur – 7.7% Equity Interest
- Other Minority Holders – 14.8% Equity Interest
Bondoro Insights is continuing to monitor this case and will provide further coverage as appropriate.
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