Filing Alert: Kulana Hale Chapter 11

Kulana Hale LLC, a New York, NY-based single asset real estate company, filed for Chapter 11 protection on Sep. 12 in the U.S. Bankruptcy Court for the Southern District of New York.

The company reports $45.3 million in assets and $36.6 million in liabilities. The filing indicates that no funds will be available for distribution to unsecured creditors after administrative expenses are paid. The case number is 25-11990.

Key Parties

Counsel:

• Lewis W Siegel
• Lewis W Siegel
• Email: LWS@LWSEsq.com

Signatories:

• Yang Suh – CEO

Bondoro Insights is continuing to monitor this case and will provide further coverage as appropriate.

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