Filing Alert: Flipcause Chapter 11
Flipcause, Inc., an Oakland, CA-based provider of fundraising and donor-management software for nonprofits, filed for Chapter 11 protection on December 19, 2...
Flipcause, Inc., an Oakland, CA-based provider of fundraising and donor-management software for nonprofits, filed for Chapter 11 protection on Dec. 19 in the U.S. Bankruptcy Court for the District of Delaware.
The company reports $20.2 million in assets and $30.5 million in liabilities. The filing indicates that there will be funds available for distribution to unsecured creditors. The case number is 25-12246.
Top Unsecured Claims
Key Parties
Counsel:
- Ronald S. Gellert
Gellert Seitz Busenkell & Brown, LLC
Email: rgellert@gsbblaw.com
Investment Banker:
- SC&H Capital
Signatories:
- Emerson Rayvn – Executive Chairman