Filing Alert: Promenade North Chapter 11
Promenade North Files Chapter 11 in Northern District of Georgia
Promenade North LLC, a Cumming, GA-based single-asset real estate company, filed for Chapter 11 protection on Feb. 3 in the U.S. Bankruptcy Court for the Northern District of Georgia.
The company reports $10 million to $50 million in both assets and liabilities. The filing indicates that there will be funds available for distribution to unsecured creditors. The case number is 25-51152.
Top Unsecured Claims
Key Parties
Counsel:
- David L. Bury, Jr.
- Firm: Stone & Baxter, LLP
- Email: dbury@stoneandbaxter.com
Signatories:
- Hamidou Sacko – Managing Member
- Christopher Capehart – Property Manager
Equity Security Holders:
- Hamidou Sacko – 100% Membership Interest
Bondoro Insights is continuing to monitor this case and will provide further coverage as appropriate.
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