The week in bankruptcies: One entity in Greater Washington

The Washington Business Journal offers a weekly roundup of bankruptcy filings in the region based on public records collected by parent company American City Business Journals.

During the week that ended Dec. 31, Washington-area bankruptcy courts recorded one business filing. Year to date through Dec. 31, the court recorded 116 Chapter 7 or Chapter 11 business bankruptcy filings, a 2% decrease from the same span the prior year. Chapter 7 bankruptcy protection typically provides for the liquidation of a business’ assets to satisfy creditor claims, while Chapter 11 protection enables a business to restructure its creditor obligations with the goal to remain a going concern.

Gentry Productions LLC filed for voluntary Chapter 7 bankruptcy protection December 22, 2021, in the District of Maryland.

The debtor listed an address of 29871 Gunther Drive in Mechanicsville, and is represented in court by attorney James D. Ealley. Gentry Productions LLC listed assets up to $0 and debts up to $216,829.…

Read the full story from the Washington Business Journal.
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