Filing Alert: KRCM Astoria Portfolio Chapter 11

KRCM Astoria Portfolio Corp., an Astoria, NY-based owner of three multi-family residential apartment buildings, filed for Chapter 11 protection on Oct. 8 in the U.S. Bankruptcy Court for the Eastern District of New York.

The company reports $10 million to $50 million in both assets and liabilities. The filing indicates that there will be funds available for distribution to unsecured creditors. The case number is 25-44859.

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Key Parties

Counsel:

• Kevin Nash
  Goldberg Weprin Finkel Goldstein LLP
  Email: knash@gwfglaw.com

Signatories:

• Karan Singh – Manager

Equity Security Holders:

• Rajmattie Persuad – 100% Equity Interest