Filing Alert: NTG 392 White Horse LLC Chapter 11

NTG 392 White Horse, LLC and its debtor affiliates⁽¹⁾, a Hammonton, NJ-based single-asset real estate company, filed for Chapter 11 protection on Oct. 23 in the U.S. Bankruptcy Court for the District of New Jersey.

The company reports $2.9 million in assets and $11.1 million in liabilities. The filing indicates that there will be funds available for distribution to unsecured creditors. The case number is 25-21270.

⁽¹⁾ NTG 6727 Delilah, LLC and NTG 897 12th Street, LLC.

Top Unsecured Claims

Key Parties

Counsel:

• Brian G Hannon
  Norgaard OBoyle Hannon
  Email: bhannon@norgaardfirm.com

Signatories:

• Nicole Raso – Managing Member

Equity Security Holders:

• Nicole Raso – 34% Equity Interest
• Tiffany Love – 33% Equity Interest
• Giana Mortellite – 33% Equity Interest

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

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