Filing Alert: Nied Ownership LLC Chapter 11

Nied Ownership LLC, an Apopka, FL-based owner and operator of multifamily residential properties, filed for Chapter 11 protection on May 1 in the U.S. Bankruptcy Court for the Middle District of Florida.

The company reports $500 million to $1 billion in assets and $100 million to $500 million in liabilities. The filing indicates that there will be funds available for distribution to unsecured creditors. The case number is 26-03232.

Key Parties

Counsel:

• Amy Denton Mayer
  Berger Singerman LLP
  Email: [email protected]

Signatories:

• Michael Niederst – As Manager of MDN Ownership, LLC, as Class A Member and Manager of the Debtor

Equity Security Holders:

• MDN Ownership, LLC
• DBN Ownership LLC

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

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