Oakland-Based Company Files for Chapter 11 Bankruptcy with Millions in Liabilities

Lamumba Inc., voluntarily filed for Chapter 11 bankruptcy in the California Northern Bankruptcy Court.

Twinkle Jha
Written By Twinkle Jha
News Writer
Annesha
Edited By Annesha
Managing Editor
Lamumba Inc. filed for Chapter 11 bankruptcy on August 26 (Source: Created on Canva)

Oakland-based Lamumba Inc., known for hosting events and performances, has filed for Chapter 11 bankruptcy. The filing allows the company to keep its doors open while it works on restructuring its finances.

Highlights

  • Oakland’s Lamumba Inc. filed for Chapter 11 bankruptcy on August 26.
  • According to PacerMonitor, the event company owes around 49 creditors in total.
  • The first meeting of creditors will take place on September 22, 2025

Lamumba Inc. Filed for Chapter 11 Bankruptcy Protection

As per PacerMonitor, the court filings show Lamumba Inc. sought Chapter 11 bankruptcy protection on August 26, 2025. The filing allows the company to continue operating while it works on restructuring its debt obligations.

As mentioned in Case ‘4:25-bk-41554’ details, Lamumba Inc. reported assets between $10 million and $50 million, with liabilities ranging from $1 million to $10 million. Additionally, the event company owes around 49 creditors in total.

Attorney Michael Berger filed the voluntary petition on behalf of Lamumba Inc., along with a corporate resolution authorizing the move. A corporate resolution authorizing the bankruptcy filing was also submitted the same day.

A first meeting of creditors, also known as a 341(a) meeting, has been scheduled for September 22, 2025, at 1:00 p.m. via teleconference. During this meeting, creditors will have an opportunity to question company representatives under oath about the business’s finances and operations. Creditors must file proofs of claim by December 22, 2025.

On August 27, the court issued an order requiring Lamumba Inc. to pay state and federal taxes as part of the ongoing case. The U.S. Trustee’s Office has also filed a notice of appearance, signaling its active role in monitoring the case to ensure compliance with bankruptcy laws.

Based at 410 14th St., Oakland, CA 94612-2702, Lamumba Inc. hosts events, performances, and dining experiences.

Leading up to next month’s creditors meeting, the company is expected to outline its restructuring plans.

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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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