Filing Alert: PLANTA Chapter 11
PLANTA Files Chapter 11 in District of Delaware
CHG US Holdings LLC, and its debtor affiliates⁽¹⁾, a Miami Beach, FL-based operator of plant-based restaurants under the PLANTA brand, filed for Chapter 11 protection on May 12 in the U.S. Bankruptcy Court for the District of Delaware.
The company reports $50 thousand to $100 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 25-10851.
⁽¹⁾ For a complete list of debtor entities, see the Chapter 11 Debtors table.
Chapter 11 Debtors
Top Unsecured Claims
Key Parties
Counsel:
- Joseph C. Barsalona II
- Pashman Stein Walder Hayden, P.C.
- Email: jbarsalona@pashmanstein.com
Signatories:
- Steven Salm – President & CEO
Equity Security Holders:
- Anchorage Illiquid Opportunities Master VI (B), L.P. – 49.1% Equity Interest
- CHG Planta Miami Inc. – 14.7% Equity Interest
- CHG 2022 Planta Miami Inc. – 10.6% Equity Interest
- Other Minority Holders – 25.6% Equity Interest
Claims Agent:
Bondoro Insights is continuing to monitor this case and will provide further coverage as appropriate.
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