Los Angeles-based real estate firm Hudson 1702, LLC, filed for bankruptcy protection on October 22. The company filed a voluntary Chapter 11 petition in Delaware Bankruptcy Court to restructure its finances.
LA Real Estate Firm Files Bankruptcy Protection in Delaware Court
According to PacerMonitor, the real estate firm’s case has been assigned number 1:25-bk-11854. Hudson 1702, LLC is represented by attorney William E. Chipman, Jr. of Chipman Brown Cicero & Cole, LLP, and paid the $1,738 filing fee when submitting its Chapter 11 petition. The real estate firm has listed assets between $100,000,001 to $500 million and liabilities between $100,000,001 to $500 million.
The Chapter 11 filing allows Hudson 1702, LLC to reorganize while keeping its operations running.
Key Points from the LA Firm’s Chapter 11 Case Proceedings
The Hudson 1702, LLC bankruptcy case has been assigned to Judge Karen B. Owens. As per the court filings, attorney Stuart M. Brown has entered an appearance on behalf of the real estate firm.
The court also approved attorneys Neal Kronley and David M. Riley to represent the firm in Delaware through pro hac vice status. As customary in bankruptcy proceedings, the US Trustee’s Office has also added attorney Malcolm Bates to the case.
The filing marks Hudson 1702, LLC’s move to restructure under Chapter 11 bankruptcy protection.
