Filing Alert: Marcel Contraband Pointe Chapter 11

Marcel Contraband Pointe, LLC, a Lake Charles, LA-based mixed-use real estate developer, filed for Chapter 11 protection on Nov. 7 in the U.S. Bankruptcy Court for the Western District of Louisiana.

The company reports $17.9 million in assets and $21.6 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 25-20568.

Top Unsecured Claims

Key Parties

Counsel:

• Bradley L. Drell
  Gold, Weems, Bruser, Sues & Rundell, A PLC
  Email: bdrell@goldweems.com

Signatories:

• Vernon M. Veldekens – President

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

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