Filing Alert: LLSSGG Chapter 11

LLSSGG LLC, a Southampton, NY-based owner of seven single and multi-family residences in Stamford and Milford, CT, filed for Chapter 11 protection on Oct. 6 in the U.S. Bankruptcy Court for the Eastern District of New York.

The filing follows ongoing litigation by HarborOne Bank over a $12 million mortgage, including two Connecticut foreclosure actions and a related contract dispute. The debtor previously paid ~$137,000 in back taxes and entered a reinstatement agreement in April 2025 but later faced a receiver motion amid a dispute over lender legal fees. The Chapter 11 filing stays the state actions as the debtor seeks to cure and reinstate the loan.

LLSSGG LLC 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 25-73860.

Key Parties

Counsel:

• Kevin Nash
  Goldberg Weprin Finkel Goldstein LLP
  Email: knash@gwfglaw.com

Signatories:

• Michael Frattaroli – Property Manager

Equity Security Holders:

• Uanderson Benedetti – 100% Equity Interest

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

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