Filing Alert: 506 Franklin Road LLC Chapter 11

506 Franklin Road, LLC, a Franklin, TN-based real estate holding company that owns and leases residential properties and a tennis facility, filed for Chapter 11 protection on May 4 in the U.S. Bankruptcy Court for the Middle District of Tennessee.

The company reports $13.6 million in assets and $10.5 million in liabilities. The filing indicates that there will be funds available for distribution to unsecured creditors. The case number is 26-02120.

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Top Unsecured Claims

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Key Parties

Counsel:

• Henry E. ("Ned") Hildebrand, IV
  Dunham Hildebrand Payne Waldron, PLLC
  Email: ned@dhnashville.com

Signatories:

• Brian Sullivan – Sole Member