A Thai fine-dining restaurant based in the heart of River Oaks, Houston, has turned towards bankruptcy after close to three years of operations. MaKiin LLC is expected to restructure its finances after court filings showed a significant gap between its assets and liabilities.
MaKiin LLC Seeks Chapter 11 Protection
The company submitted its petition on May 20, 2026. Case filings state that Warattayar Srasrisuwan, the director and sole owner of MaKiin LLC, signed the petition prior to filing.
Filing details, as available on the PACER database, notes that the company is a small business debtor and has decided to move ahead under Subchapter V. Based on this filing type, its bankruptcy process is expected to be completed in a quick and cost-effective manner.
Attorney Elias Yazbeck of The Law Office of Elias M. Yazbeck, PLLC, is representing the company.
The petition shows a significant gap between MaKiin LLC’s assets and liabilities. According to it, the company has listed more than $1.2 million in total liabilities. The assets, on the other hand, have been mentioned to be a little over $68,000.
Highlights from the Petition
Case filings add that the company submitted a list of creditors who have made the 20 largest unsecured claims. These include Pawnee Leasing Corporation, American Express, Channel Partners Equipment, CVS Parking, and more.
Court filings indicate that after administrative expenses are paid, no funds will be available for distribution to the unsecured creditors.
The company also submitted a statement of financial affairs, which showed changes in its gross revenue from 2024 to the latest filing date.
Other document filings included a list of equity security holders, a tax return statement, and a corporate ownership statement.
A summary of the Chapter 11 petition is provided here:
- Filing Date: May 20, 2026
- Court and Jurisdiction: U.S. Bankruptcy Court for the Southern District of Florida
- Type of Filing: Active, Voluntary Petition
- Chapter: 11, Subchapter V
- Case Number: 26-33560
- Estimated Assets: Between $50,001 and $100,000
- 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
MaKiin LLC operates as a hospitality and restaurant concept since it opened its doors in 2023. The Thai establishment in Houston is known for its traditional dishes presented in a modern style, as per its website.
Other than its lunch and dinner options, the establishment serves high tea, private event, late-night, and happy hour offerings.
Two bankruptcy filings since April 2025 shows operational troubles for the restaurant company, which is now proceeding in its efforts to reorganize its finances. Its final outcome is also expected to shape the future financial footing of the company.
