Filing Alert: Seashore Properties LLC Chapter 11
Seashore Properties LLC Files Chapter 11 in District of Hawaii
Seashore Properties, LLC and its debtor affiliates⁽¹⁾, owner of the real property underlying the Paia Inn in Paia, Hawaiʻi, filed for Chapter 11 protection on Oct. 24 in the U.S. Bankruptcy Court for the District of Hawaii.
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 25-00952.
⁽¹⁾ For a complete list of debtor entities, see the Chapter 11 Debtors table.
Chapter 11 Debtors
Top Unsecured Claims
Key Parties
Counsel:
- Chuck C. Choi
Choi & Ito
Email: cchoi@hibklaw.com
Signatories:
- Michael S. Baskin
Equity Security Holders:
- Michael S. Baskin – 100% Membership Interest
Bondoro Insights is continuing to monitor this case and will provide further coverage as appropriate.
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