SIMAD Seeks OK For $180M Financing In Chapter 11 Cases

By Hilary Russ · June 25, 2026, 7:39 PM EDT

SIMAD Holdings Ltd., the bankrupt owner of 30 U.S. summer camps and other real estate, says that it has secured up to $180 million of debtor-in-possession financing from its prepetition bondholders,...

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Case Information

Case Title

SIMAD Holdings Ltd.

Case Number

3:26-bk-16388

Court

New Jersey

Nature of Suit

Date Filed

June 04, 2026