Filing Alert: Diamond Elite Luxury Townhomes Owner Chapter 11

Diamond Elite Albuquerque LLC, owner and operator of Diamond Elite Luxury Townhomes, a gated luxury townhome community in Albuquerque, NM, filed for Chapter ...

Diamond Elite Albuquerque LLC, owner and operator of Diamond Elite Luxury Townhomes, a gated luxury townhome community in Albuquerque, NM, filed for Chapter 11 protection on May 6 in the U.S. Bankruptcy Court for the Southern District of New York.

The company reports $10 million to $50 million in both assets and liabilities. The filing indicates that no funds will be available for distribution to unsecured creditors after administrative expenses are paid. The case number is 26-35494.

Key Parties

Counsel:

Signatories: