Osceola Development Project, LP Files for chapter 11
$144 million in assets.
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« November 2010 | Main | January 2011 »
$144 million in assets.
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Houston, Texas-based Debtor, Diabetes America, Inc. filed for chapter 11 bankruptcy today at the United States Bankruptcy Court for the Southern District of Texas. The Debtor, formally known as Diabetes Centers of America, Inc., is a network of medical clinics that provide outpatient medical care primarily in Texas.
According to Court documents, the Debtor generates approximately $1.3 million in monthly revenues. As of October 31, 2010, total liabilities were $11 million (COO Declaration)
Sexy Hair Concepts, LLC and related entities filed for chapter 11 today at the United States Bankruptcy Court for the Central District of California. The Chatsworth, California-based Debtor distributes and markets hair-care products.
The Debtor's petition lists $78 million in assets and approximately $91.1 million in liabilities. The largest unsecured creditor is listed as Northwestern Mutual Life Insurance Company with a $25 million disputed subordinated debt claim.
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Atlantic Broadcasting of Linwood NJ Limited Liability Company filed for chapter 11 today at the United States Bankruptcy Court for the District of New Jersey. The Debtor operates five radio stations in Atlantic City and Cape May, New Jersey.