Filing Alert: Ranchland Apartments Owner Chapter 11
Ranchland Apartments Owner Files Chapter 11 in Western District of Texas
RanchlandMTX, LLC, a single asset real estate company that owns the Ranchland Apartments complex in Midland, TX, filed for Chapter 11 protection on Aug. 31 in the U.S. Bankruptcy Court for the Western District of Texas.
The company reports $15.1 million in assets and $11.6 million in liabilities. The filing indicates that no funds will be available for distribution to unsecured creditors after administrative expenses are paid. The case number is 26-11748.
Top Unsecured Claims
Key Parties
Counsel:
- Elias Yazbeck
The Law Office of Elias M. Yazbeck, PLLC
Email: elias@yazbecklaw.com
Signatories:
- Ravinder Katta – Authorized Representative
Bondoro Insights is continuing to monitor this case and will provide further coverage as appropriate.
Stay informed on every Chapter 11 bankruptcy case with liabilities exceeding $10 million. Subscribe for free to have our coverage delivered directly to your inbox, and explore our full archive of past summaries.
Explore Bondoro Insights for live case dockets and comprehensive coverage of material filings from petition to plan confirmation.
