Filing Alert: Food52 Chapter 11
Food52, Inc., a Brooklyn, NY-based digital media and e-commerce company focused on food, cooking, and home products, filed for Chapter 11 protection on Decem...
Food52, Inc. (dba Food52), a Brooklyn, NY-based digital media and e-commerce company focused on food, cooking, and home products, filed for Chapter 11 protection on Dec. 29 in the U.S. Bankruptcy Court for the District of Delaware.
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 25-12277.
Top Unsecured Claims
Key Parties
Counsel:
- Michael R. Nestor
Young Conaway Stargatt & Taylor, LLP
Email: mnestor@ycst.com
Investment Banker:
- Core Advisors LLC
Financial Advisor:
- Meru, LLC
Signatories:
- Erika Badan – Chief Executive Officer
Claims Agent:
Equity Security Holders:
- TCG 2.0 Food52, LLC – 47% Equity Interest
- TCG 3.0 Food52, LLC – 26% Equity Interest