Filing Alert: Y&J Michele Way Chapter 11

Y&J Michele Way LLC, a single asset real estate company whose principal asset is a mixed-use condominium building at 4115 El Camino Real in Palo Alto, CA, filed for Chapter 11 protection on May 28 in the U.S. Bankruptcy Court for the Northern District of California.

The company reports $22.6 million in assets and $23.5 million in liabilities. The filing indicates that there will be funds available for distribution to unsecured creditors. The case number is 26-30466.

Top Unsecured Claims

Key Parties

Counsel:

• Robert L. Goldstein
  Law Offices of Robert L. Goldstein
  Email: [email protected]

Signatories:

• Yan Xiao – Managing Member

Equity Security Holders:

• Amberjack LLC – 49% Equity Interest
• XYC Investments LLC – 51% Equity Interest

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

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