Filing Alert: Y&J Michele Way Chapter 11
Y&J Michele Way LLC, a single asset real estate company whose principal asset is a mixed-use condominium building at 4115 El Camino Real in Palo Alto, CA, fi...
Y&J Michele Way LLC, a single asset real estate company whose principal asset is a mixed-use condominium building at 4115 El Camino Real in Palo Alto, CA, filed for Chapter 11 protection on May 28 in the U.S. Bankruptcy Court for the Northern District of California.
The company reports $22.6 million in assets and $23.5 million in liabilities. The filing indicates that there will be funds available for distribution to unsecured creditors. The case number is 26-30466.
Top Unsecured Claims
Key Parties
Counsel:
- Robert L. Goldstein
Law Offices of Robert L. Goldstein
Email: rgoldstein@taxexit.com
Signatories:
- Yan Xiao – Managing Member
Equity Security Holders:
- Amberjack LLC – 49% Equity Interest
- XYC Investments LLC – 51% Equity Interest