THE AVENUE SWNG TIC 1 LLC Bankruptcy Filing
Case Number: 24-90609
THE AVENUE SWNG TIC 1 LLC filed a 11 chapter bankruptcy in the Southern District of Texas bankruptcy court on November 27, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-90609.
THE AVENUE SWNG TIC 1 LLC Filing Information
The bankruptcy petition for THE AVENUE SWNG TIC 1 LLC showed assets in the range of $10MM - $50MM with liabilities in the range of $10MM - $50MM. THE AVENUE SWNG TIC 1 LLC reports that the number of creditors is in the range of 50-99.
The debtor indicated their nature of business as Single Asset Real Estate. The nature of business option is fairly limited; most companies will chose 'None of the Above'. The options include: 'Health Care Business', 'Single Asset Real Estate', 'Railroad', 'Stockbroker', 'Commodity Broker', 'Clearing Bank', or 'None of the Above'.
THE AVENUE SWNG TIC 1 LLC indicated on its bankruptcy petition that it does not expect there will be sufficient assets in the estate to make a payment to the unsecured creditors. This is a bad sign for creditors as it implies that no recovery is likely.
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THE AVENUE SWNG TIC 1 LLC Docket Header
PlnDue, DsclsDue, JNTADMIN, COMPLX |
Southern District of Texas (Houston)
Bankruptcy Petition #: 24-90609
Assigned to: Bankruptcy Judge Christopher M. Lopez Chapter 11 Voluntary Asset |
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Debtor The Avenue SWNG TIC 1 LLC 183 Wilson St. Suite 358 Brooklyn, NY 11211 KINGS-NY Tax ID / EIN: 87-3308298 aka The Avenue Apartments |
rep. by |
Elyse M Farrow
Haselden Farrow PLLC 700 Milam Ste 1300 Houston, TX 77002 832-819-1149 Email: EFarrow @ HaseldenFarrow.com Melissa Anne Haselden Haselden Farrow PLLC 708 Main Street Ste 10th Fl Houston, TX 77002 832-819-1149 Email: mhaselden @ haseldenfarrow.com |
U.S. Trustee US Trustee Office of the US Trustee 515 Rusk Ave Ste 3516 Houston, TX 77002 |