Filing Alert: Matthews 350 E LaSalle Chapter 11

Matthews 350 E LaSalle LLC (dba 300 E LaSalle) and its debtor affiliate⁽¹⁾, a South Bend, IN-based real estate owner and developer of a mixed-use apartment building, filed for Chapter 11 protection on Mar. 10 in the U.S. Bankruptcy Court for the Northern District of Indiana.

The company reports $0 to $50 thousand in assets and $10 million to $50 million in liabilities. The filing indicates that there will be funds available for distribution to unsecured creditors. The case number is 26-30288.

⁽¹⁾ Commerce Center Development, LLC.

Top Unsecured Claims

Key Parties

Counsel:

• Weston E. Overturf
  Kroger, Gardis & Regas, LLP
  Email: [email protected]

Signatories:

• David Matthews – Member

Equity Security Holders:

• David Matthews – 3974 shares
• DMTM Inc – 531 shares
• Lily Lasalle LLC – 1180 shares
• Local Vision Fund LLC – 1068 shares
• Marcellus Lebbin – 4 shares
• OZ LaSalle LLC – 856 shares

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

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