Filing Alert: Yardbird Group Chapter 11
Yardbird Group Files Chapter 11 in District of Delaware
Yardbird Group LLC and its debtor affiliates⁽¹⁾, a Las Vegas, NV-based operator of a restaurant chain specializing in Southern cuisine, filed for Chapter 11 protection on Sep. 21 in the U.S. Bankruptcy Court for the District of Delaware.
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 26-11479.
⁽¹⁾ For a complete list of debtor entities, see the Chapter 11 Debtors table.
Chapter 11 Debtors
Top Unsecured Claims
Key Parties
Counsel:
- M. Blake Cleary
Potter Anderson & Corroon LLP
Email: bcleary@potteranderson.com
Investment Banker:
- Soravine Advisors LLC
Signatories:
- Albert Altro – Chief Restructuring Officer
Claims Agent:
- Kurtzman Carson Consultants, LLC dba Verita Global
Equity Security Holders:
- TriSpan RS YB LLC – 100% of Preferred Units
- Yardbird MIP, LLC – 100% of Profit Units
Bondoro Insights is continuing to monitor this case and will provide further coverage as appropriate.
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