Filing Alert: Letterman Chicago Apartments Owner Chapter 11

410 South Morgan Street LLC, a Chicago, IL-based owner of the student housing and apartment property known as Letterman Chicago, filed for Chapter 11 protection on Mar. 4 in the U.S. Bankruptcy Court for the Northern District of Illinois.

The company reports $50 million to $100 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 26-03909.

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Top Unsecured Claims

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Key Parties

Counsel:

• Thomas Fawkes
  Tucker Ellis LLP
  Email: Thomas.Fawkes@tuckerellis.com

Signatories:

• Shangxuan Tan – Managing Member