Filing Alert: The Venetian Care & Rehabilitation Center Chapter 11
The Venetian Care & Rehabilitation Center, LLC, a South Amboy, NJ-based skilled nursing and subacute rehabilitation facility, filed for Chapter 11 protection...
The Venetian Care & Rehabilitation Center, LLC and its debtor affiliates⁽¹⁾, a South Amboy, NJ-based skilled nursing and subacute rehabilitation facility, filed for Chapter 11 protection on Apr. 23 in the U.S. Bankruptcy Court for the District of New Jersey.
The company reports $1 million to $10 million in assets and $1 million to $10 million (affiliates report liabilities of up to $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 26-14510.
⁽¹⁾ For a complete list of debtor entities, see the Chapter 11 Debtors table.
Chapter 11 Debtors
Top Unsecured Claims
Key Parties
Counsel:
- Thomas Pitta
Emmet, Marvin & Martin, LLP
Email: tpitta@emmetmarvin.com
Financial Advisor:
- KCP Advisory Group
Signatories:
- Jacen Dinoff – Chief Winddown Officer
Equity Security Holders:
- Venetian Healthcare Holdings LLC – 10% or more