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Weekly Bankruptcy Alert November 6, 2023 (For the week ending November 5, 2023)
Monday, November 6, 2023
Covering reported business bankruptcy filings in Massachusetts, Maine, New Hampshire, and Rhode Island, and Chapter 11 bankruptcy filings in New York and Delaware listing assets of more than $1 million.
Chapter 11
Debtor Name Business
Type1
Bankruptcy
Court
Assets Liabilities Filing
Date
Clover Fast Food, Inc.
(Cambridge, MA)
Restaurants and Other Eating Places Wilmington
(DE)
$1,000,001
to
$10 Million
$1,000,001
to
$10 Million
11/03/23
Q.Y. Tang’s Hwa Yuan, Inc.
(New York, NY)
Not Disclosed Manhattan
(NY)
$1,000,001
to
$10 Million
$10 Million
to
$50 Million
10/30/23
SL Financial Holdings, Inc.
(Charlotte, NC)
Activities Related to Credit Intermediation Wilmington
(DE)
$100 Million
to
$500 Million
$500 Million
to
$1 Billion
10/30/23
SL Financial Investor I LLC
(Charlotte, NC)
Activities Related to Credit Intermediation Wilmington
(DE)
$100 Million
to
$500 Million
$500 Million
to
$1 Billion
10/30/23
SL Financial Investor II, LLC
(Charlotte, NC)
Activities Related to Credit Intermediation Wilmington
(DE)
$100 Million
to
$500 Million
$500 Million
to
$1 Billion
10/30/23
Sunlight Financial Holdings Inc.
(Charlotte, NC)
Activities Related to Credit Intermediation Wilmington
(DE)
$100 Million
to
$500 Million
$500 Million
to
$1 Billion
10/30/23
Sunlight Financial LLC
(Charlotte, NC)
Activities Related to Credit Intermediation Wilmington
(DE)
$100 Million
to
$500 Million
$500 Million
to
$1 Billion
10/30/23

1Business Type information is taken from Bankruptcy Court filings, which may include incorrect categorization by the debtor or others.

Chapter 7
Debtor Name Business
Type1
Bankruptcy
Court
Assets Liabilities Filing
Date
Amps Electric Inc.
(Waltham, MA)
Not Disclosed Boston
(MA)
$0
to
$50,000
$10 Million
to
$50 Million
10/30/23
Gelesis Holdings, Inc.
(Boston, MA)
Medical Equipment and Supplies Mfg. Wilmington
(DE)
$50 Million
to
$100 Million
$10 Million
to
$50 Million
10/30/23
Gelesis, Inc.
(Boston, MA)
Medical Equipment and Supplies Mfg. Wilmington
(DE)
$100 Million
to
$500 Million
$100 Million
to
$500 Million
10/30/23
Gelesis, LLC
(Boston, MA)
Management, Scientific, and Technical Consulting Services Wilmington
(DE)
$10 Million
to
$50 Million
$10 Million
to
$50 Million
10/30/23
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