Filing Alert: The Flats at Knowles Stations Owner Chapter 11
10509 Summit Venture, LLC, a Kensington, MD-based developer and owner of the mixed-use project The Flats at Knowles Station, filed for Chapter 11 protection ...
10509 Summit Venture, LLC and its debtor affiliate⁽¹⁾, a Kensington, MD-based developer and owner of the mixed-use project The Flats at Knowles Station, filed for Chapter 11 protection on Feb. 26 in the U.S. Bankruptcy Court for the District of Maryland.
The company reports $1 million to $10 million in assets and $10 million to $50 million in liabilities. The filing indicates that there will be funds available for distribution to unsecured creditors. The case number is 26-11982.
⁽¹⁾ 10500 Summit KP Venture, LLC.
Top Unsecured Claims
Key Parties
Counsel:
- Jeffrey Orenstein
Wolff & Orenstein LLC
Email: jorenstein@wolawgroup.com
Signatories:
- Thomas Brault – Manager
Equity Security Holders:
- Thomas Albert Gregory Brault, LLC – 60% Equity Interest
- Brault Holding Company, LLC – 40% Equity Interest