Filing Alert: Mainland City Centre Owner Chapter 11
Mainland City Centre Owner Files Chapter 11 in Southern District of Texas
JMK5 Mall of the Mainland LLC, a single asset real estate company that owns Mainland City Centre - a mixed-use entertainment and lifestyle center in Texas City, TX, filed for Chapter 11 protection on Jun. 2 in the U.S. Bankruptcy Court for the Southern District of Texas.
The company reports $10 million to $50 million in both assets and liabilities. The filing indicates that no funds will be available for distribution to unsecured creditors after administrative expenses are paid. The case number is 26-80397.
Top Unsecured Claims
Key Parties
Counsel:
- Richard L Fuqua, II
Fuqua & Associates, P.C.
Email: RLFuqua@fuqualegal.com
Signatories:
- Jarome Karam – Manager
Bondoro Insights is continuing to monitor this case and will provide further coverage as appropriate.
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