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Filing Alert: Titan CNG Chapter 11 1 min read
Chapter 11 Filing Alerts

Filing Alert: Titan CNG Chapter 11

Titan CNG Files Chapter 11 in District of Delaware

By Insights

Titan CNG, LLC and its debtor affiliates⁽¹⁾, a Peoria, AZ-based compressed natural gas (CNG) fueling-station operator, filed for Chapter 11 protection on Aug. 14 in the U.S. Bankruptcy Court for the District of Delaware.

The company reports $100 thousand to $500 thousand 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 25-11525.

⁽¹⁾ J.B. Lease Corporation and Titan Transportation Equipment Leasing, LLC.


Top Unsecured Claims

Form 204 Top Unsecured Claims
Source: Bondoro, Court filings

Key Parties

Counsel:
  • Natasha M. Songonuga
  • Archer & Greiner, P.C.
  • Email: nsongonuga@archerlaw.com
Financial Advisor / CRO:
  • Theseus Strategy Group (Mark E. Palmer)
Equity Security Holders:
  • EVO Transportation & Energy Services, Inc. – 100% Equity Interest

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

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