Filing Alert: GVO Partners Chapter 11

GVO Partners LLC, a Summerville, SC-based independent investment management firm partnering with and investing in medical aesthetics, cosmetic dermatology an...

GVO Partners LLC and its debtor affiliates⁽¹⁾, a Summerville, SC-based independent investment management firm partnering with and investing in medical aesthetics, cosmetic dermatology and plastic surgery clinics, filed for Chapter 11 protection on Jun. 16 in the U.S. Bankruptcy Court for the District of Delaware.

The company reports $100 thousand to $500 thousand in assets and $10 million to $50 million in liabilities. The filing indicates that no funds will be available for distribution to unsecured creditors after administrative expenses are paid. The case number is 26-10976.

⁽¹⁾ For a complete list of debtor entities, see the Chapter 11 Debtors table.

Chapter 11 Debtors

Affiliated Debtors Chart — Source: Bondoro, Court filings

Top Unsecured Claims

Key Parties

Counsel:

Thomas J. Francella, Jr.
Raines Feldman Littrell LLP

Financial Advisor:

Force 10 Partners

Signatories:

Joseph Sciamanna – Chief Executive Officer, Manager and Principal