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 Jan. 28, Washington-area bankruptcy courts recorded one business filing. Year to date through Jan. 28, the court recorded eight Chapter 7 or Chapter 11 business bankruptcy filings, a 27% 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.
920 H LLC filed for voluntary Chapter 11 bankruptcy protection January 24, 2022, in the District of Columbia. The debtor listed an address of c/o The Butler Law Group PLLC 1455 Pennsylvania Ave. NW #400, Washington, and is represented in court by attorney Craig A. Butler. 920 H LLC listed assets ranging from $1,000,001…
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