Filing Alert: YIHE Forbes Chapter 11

YIHE Forbes LLC, a Los Angeles, CA-based single asset real estate company, filed for Chapter 11 protection on Apr. 3 in the U.S. Bankruptcy Court for the Central District of California.

The company reports $23 million in assets and $13.5 million in liabilities. The filing indicates that there will be funds available for distribution to unsecured creditors. The case number is 25-12772.

Top Unsecured Claims

Key Parties

Counsel:

• Richard Baum
• Firm: Richard T Baum
• Email: rickbaum@hotmail.com

Signatories:

• Jianfeng He – President of the Managing Member

Equity Security Holders:

• Yihe USA Holdings Limited – 100% Sole Member

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

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