Filing Alert: Swiftships Chapter 11
Swiftships Files Chapter 11 in Western District of Louisiana
Swiftships, LLC, a Morgan City, LA-based shipbuilding company that designs and constructs military and commercial vessels, filed for Chapter 11 protection on Mar. 18 in the U.S. Bankruptcy Court for the Western District of Louisiana.
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 26-50237.
Top Unsecured Claims
Key Parties
Counsel:
- Ryan J. Richmond
Sternberg, Naccari & White, LLC
Email: [email protected]
Signatories:
- Shahraze Shah – Manager
Equity Security Holders:
- Swiftships Group, Inc. – 100% Equity Interest
Bondoro Insights is continuing to monitor this case and will provide further coverage as appropriate.
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