Filing Alert: Trask Radio Chapter 11

Trask Radio LLC, a New York, NY-based bar-and-nightlife real estate holding and operating group behind Balcon Salon in Hell’s Kitchen, filed for Chapter 11 p...

Trask Radio LLC and its debtor affiliate⁽¹⁾, a New York, NY-based bar-and-nightlife real estate holding and operating group behind Balcon Salon in Hell’s Kitchen, filed for Chapter 11 protection on Oct. 31 in the U.S. Bankruptcy Court for the Southern District of New York.

The company reports $8.8 million in assets and $12.1 million in liabilities. The filing indicates that there will be funds available for distribution to unsecured creditors. The case number is 25-12431.

⁽¹⁾ Advanced Aerospace LLC.

Key Parties

Counsel:

Ilana Volkov
McGrail & Bensinger LLP
Email: ivolkov@mcgrailbensinger.com

Financial Advisor:

CFGI, LLC

Signatories:

Eric L. Einstein – Member

Equity Security Holders:

Eric L. Einstein – 51% of Membership Interests
Justin B. Buchanan – 49% of Membership Interests