Filing Alert: Sandy Lane Holdings Chapter 11

Sandy Lane Holdings LLC, a Beverly Hills, CA-based shell company created to serve as the borrower on a loan secured by real property belonging to a guarantor of the loan, filed for Chapter 11 protection on May 26 in the U.S. Bankruptcy Court for the Central District of California.

The company reports $0 in assets and $12.7 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 26-15176.

Key Parties

Counsel:

• Philip W. Boesch, Jr.
  Boesch Law Group
  Email: [email protected]

Signatories:

• Ross Kemper – Manager

Equity Security Holders:

• Ross Kemper

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

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