Filing Alert: York Beach Surf Club Chapter 11

York Beach Surf Club, LLC (dba The York Beach Surf Club and York Harbor Motel), a family-owned resort along Long Sands Beach in Maine, filed for Chapter 11 protection on Feb. 6 in the U.S. Bankruptcy Court for the District of Maine.

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 25-20021.

Top Unsecured Claims

Key Parties

Counsel:

• David C. Johnson
• Marcus Clegg
• Email: bankruptcy@marcusclegg.com

Signatories:

• Taylor Perkins – Manager

Equity Security Holders:

• Carl Frank – 29.5% Equity Interest
• Eduardo Alcocer – 28.7% Equity Interest
• The L.F. Perkins Family TN Investment Services – 22.2% Equity Interest
• AXKO Investments L.P. – 14.8% Equity Interest
• Wesley Robinson Barnett Rev. Trust – 3.5% Equity Interest
• Equity Trust Company – 0.7% Equity Interest
• Michael Bueker – 0.7% Equity Interest

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

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