Filing Alert: SAR American Properties Chapter 11

SAR American Properties, LLC, a San Antonio, TX-based real estate company, filed for Chapter 11 protection on Jun. 30 in the U.S. Bankruptcy Court for the Western District of Texas.

The company reports $1 million to $10 million 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 25-51470.

Top Unsecured Claims

Key Parties

Counsel:

• Ronald Smeberg
• The Smeberg Law Firm
• Email: ron@smeberg.com

Signatories:

• Alex Sinno – Manager

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

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