Filing Alert: Swiftships Chapter 11

Swiftships, LLC, a Morgan City, LA-based shipbuilding company that designs and constructs military and commercial vessels, filed for Chapter 11 protection on...

Swiftships, LLC, a Morgan City, LA-based shipbuilding company that designs and constructs military and commercial vessels, filed for Chapter 11 protection on Mar. 18 in the U.S. Bankruptcy Court for the Western District of Louisiana.

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 26-50237.

Top Unsecured Claims

Key Parties

Counsel:

Ryan J. Richmond
Sternberg, Naccari & White, LLC
Email: ryan@snw.law

Signatories:

Shahraze Shah – Manager

Equity Security Holders:

Swiftships Group, Inc. – 100% Equity Interest