Filing Alert: South Town by 4M Chapter 11

South Town by 4M LLC, an Ann Arbor, MI-based developer of a mixed-use residential and commercial real estate project, filed for Chapter 11 protection on Jan. 27 in the U.S. Bankruptcy Court for the Eastern District of Michigan.

The company reports $50 million to $100 million in assets and $10 million to $50 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 26-40805.

Top Unsecured Claims

Key Parties

Counsel:

• Kimberly Ross Clayson
  Taft Stettinius & Hollister LLP
  Email: [email protected]

Signatories:

• Heidi Poscher – Personal Representative

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

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