Filing Alert: Compass Coffee Chapter 11
Compass Coffee, LLC, a Washington, DC-based coffee roaster and operator of a chain of cafes, filed for Chapter 11 protection on January 06, 2026, in the U.S....
Compass Coffee, LLC, a Washington, DC-based coffee roaster and operator of a chain of cafes, filed for Chapter 11 protection on Jan. 6 in the U.S. Bankruptcy Court for the District of Columbia.
The filing aims to facilitate a going-concern sale of substantially all assets to an undisclosed "strategic buyer with a substantial, global presence in the retail coffee business" after prepetition marketing efforts.
The company, which operates 25 cafes in the DC metro area, faced persistent financial challenges following the COVID-19 pandemic and a failed expansion into distribution. To fund the case and a proposed auction process, the debtor has secured a commitment for up to $450,000 in junior DIP financing from existing investor National Investment Group, Inc. (an entity affiliated with relatives of CEO Michael Haft), supplementing the use of cash collateral.
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 26-00005.
Top Unsecured Claims
Key Parties
Counsel:
- Jennifer E. Wuebker
Hunton Andrews Kurth LLP
Email: jwuebker@hunton.com
Signatories:
- Michael Haft – CEO
Equity Security Holders:
- Michael Haft – 52.3% Equity Interest
- Hexad LLC – 14.8% Equity Interest
- Harrison Suarez – 10.4% Equity Interest
- Colby Bartlett LLC – 8.2% Equity Interest
- National Investment Group LLC – 5% Equity Interest
- Other Minority Holders – 9.3% Equity Interest