Filing Alert: Hilbert Group Chapter 11
Hilbert Group LLC, a Newport Beach, CA-based single asset real estate company whose principal asset is the Winchester Square shopping center, filed for Chapt...
Hilbert Group LLC, a Newport Beach, CA-based single asset real estate company whose principal asset is the Winchester Square shopping center, filed for Chapter 11 protection on Feb. 24 in the U.S. Bankruptcy Court for the Central District of California.
The company reports $24.5 million in assets and $12.8 million in liabilities. The filing indicates that there will be funds available for distribution to unsecured creditors. The case number is 26-10578.
Top Unsecured Claims
Key Parties
Counsel:
- William J Wall
Wall Law Office
Email: wwall@wall-law.com
Signatories:
- Ioannis Xilikakis – Manager
Equity Security Holders:
- Deba Shyam – 40% Equity Interest
- The Stupín Family Trust – 37.5% Equity Interest
- Malik Enterprises LLC – 10% Equity Interest
- Kim Paglia – 6.3% Equity Interest
- Vincent T. Paglia Jr. – 6.3% Equity Interest