1ST PLACE DECATUR HOSPITALITY, LLC Bankruptcy Filing

Filing Information

1ST PLACE DECATUR HOSPITALITY, LLC filed for bankruptcy on September 30, 2024, marking a significant milestone in its financial restructuring. The corporation, headquartered at 195 Antler Trail, Alpharetta, GA, has initiated the bankruptcy process with case number 24-21225 before the Georgia Northern Court. This move signals that the company is seeking relief from its creditors and is working to reorganize its debts. As a corporate debtor, 1ST PLACE DECATUR HOSPITALITY, LLC will have to navigate the complexities of Chapter 11 bankruptcy, which typically involves renegotiating debts, shedding assets, and implementing a new financial plan. The specific terms of its restructuring are yet to be disclosed, but the filing marks an important step towards addressing its financial obligations.

1ST PLACE DECATUR HOSPITALITY, LLC indicated on its bankruptcy petition that it expects there will be sufficient assets in the estate to make a payment to the unsecured creditors.

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1ST PLACE DECATUR HOSPITALITY, LLC Bankruptcy Docket Header


Assigned to:
Chapter 11
Voluntary
Asset
Date filed:  09/30/2024

Debtor
1st Place Decatur Hospitality, LLC
195 Antler Trail
Alpharetta, GA 30005
FORSYTH-GA
Tax ID / EIN: 88-3792083 		rep. by William A. Rountree
Rountree Leitman Klein & Geer, LLC
Century Plaza I, Suite 350
2987 Clairmont Road
Atlanta, GA 30329
404-584-1238
Email:
 wrountree @ rlkglaw.com

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