Longstanding Florida Manufacturing Company Files for Chapter 11 Bankruptcy

American Tool & Mold, a industrial mold manufacturer, seeks Chapter 11 protection following a loan dispute.

Written By Twinkle Jha
American Tool & Mold, Inc. filed a bankruptcy petition on May 14 (Image credit: Marcin049 | Pixabay | Created on Canva)

American Tool & Mold, Inc. has pursued a bankruptcy protection process. The company manufactures precision molds and is restructuring its finances through bankruptcy proceedings.

Attorney Daniel A. DeMarco of Hahn Loeser and Parks LLP represents American Tool & Mold, Inc. Court filings show CEO Emilia Giannakopoulos signed the Chapter 11 petition as the authorized representative. Joseph Baum of BJC Advisors LLC is serving as the company’s chief restructuring officer.

American Tool & Mold, Inc. Files for Chapter 11

The bankruptcy proceedings began for the company on May 15, 2026. It submitted a voluntary petition in the U.S. Bankruptcy Court for the Middle District of Florida, as per case filings on PACER.

In its filing, the company stated it had taken a loan from EverBank. Court filings show the dispute stems from a loan agreement with EverBank, which alleged a breach prior to filing suit in late 2025.

In relation to this case, on January 22, 2026, a court-appointed receiver was made in-charge for handling the manufacturing company’s property and business assets.

Amid the financial and legal troubles, the company’s board met and decided to proceed with a Chapter 11 filing. The company hopes that lawyers and advisors could guide it through the proceedings even while it keeps operating as normal. Along with reorganizing its debts, it is hoping to meet creditor obligations through the process.

According to PacerMonitor, five affiliates of the manufacturing company, as given below, made their individual filings in the same court.

Case Details

According to the Chapter 11 petition, the company submitted a list of its 20 largest unsecured creditors. EverBank is listed among the top unsecured creditors, with a claim exceeding $3 million. Other creditors include Encore Bank, Choice Financial Group, and Makino Inc., among others.

Court filings indicate that after administrative expenses are paid, no funds are expected to be available for unsecured creditors.

The company also submitted its corporate ownership statement as part of the bankruptcy filing.

A summary of the Chapter 11 petition is shared here:

  • Filing Date: May 15, 2026
  • Court and Jurisdiction: U.S. Bankruptcy Court for the Middle District of Florida
  • Type of Filing: Active, Voluntary Petition
  • Chapter: 11
  • Case Number: 2:26-bk-01166-FMR
  • Estimated Assets: Between $1,000,001 and $10 million
  • Estimated Liabilities: Between $1,000,001 and $10 million
  • Estimated Creditors: Between 1 and 49
  • Reason for Filing: Restructure business under court supervision

About the Company

According to its website, the company provides precision tooling, mold manufacturing, rapid prototyping, and medical device molding.

The services of American Tool & Mold, Inc. are available across verticals, including medical devices, automotive, packaging, electronics, consumer products, and aerospace.

The company, as per its website, uses mold flow analysis, CAD/CAM systems, conformal cooling, and more technologies.

As the company navigates a difficult phase amid legal and financial troubles, the latest filing is expected to help it reorganize. Court rulings in the upcoming days are going to be instrumental in shaping its journey in the long run as well.

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Twinkle Jha is a content writer passionate about crafting engaging and informative pieces for diverse audiences. She holds a degree in Journalism & Mass Communication that helps her create news-based articles related to restaurants, retail, and real estate in the US. With five years of writing experience, Twinkle has a strong base for her research, allowing her to create compelling content. Her keen eye for detail and creative approach make her writing stand out. When not working, she loves to watch movies.
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