Filing Alert: KCT Chapter 11
KCT Files Chapter 11 in Southern District of New York
KCT, Inc., a self-storage development in Yonkers, NY, filed for Chapter 11 protection on Jan. 23 in the U.S. Bankruptcy Court for the Southern District of New York. KCT, Inc. filed alongside affiliate 1060 Nepperhan Ave LLC.
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 25-22055.
Key Parties
- Counsel:
- Name: Mark S. Lichtenstein
- Firm: Akerman LLP
- Email: mark.lichtenstein@akerman.com
- Signatories:
- Name: Kirk Lewin
- Title: Owner
Bondoro Insights is continuing to monitor this case and will provide further coverage as appropriate.
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