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Mealeys

MLex

June 04, 2026

Michael Aaron Shabsels

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Case Number:

3:26-bk-16529

Court:

New Jersey

Nature of Suit:

Firms

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Reflects complaints, answers, motions, orders and trial notes entered from Jan. 1, 2011.
Additional or older documents may be available in Pacer.

Coverage

  1. June 18, 2026

    Cash Advances Helped Sink Summer Camp Operator

    Of the many mysteries still surrounding the tangled case of bankrupt summer camp operator SIMAD Holdings Ltd., one of the biggest, at least to those interested in business financing, is why such a large company would turn so sharply toward merchant cash advances — a method of last-ditch funding normally used by desperate small businesses.

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