June 25, 2026
A lender to a New York City loft owner sought to take possession of the building after a planned credit bid sale never took place. The examiner in First Brands' Chapter 11 case will not receive any extra funding. And the liquidation trust for a debtor that conducted a Ponzi scheme wants to recover funds from three beneficiaries of what it says were ill-gotten gains.
June 23, 2026
The owner of a Manhattan loft told a New York bankruptcy judge on Tuesday that it had reached a tentative agreement with lender JPMorgan Chase Bank NA that should enable the bank to take possession of the building as part of the debtor's Chapter 11 plan.
May 12, 2026
A New York bankruptcy judge Tuesday gave the owner of a Manhattan loft permission to hand the property over to its mortgage lender and wind down its business, and congratulated the parties for concluding a contentious Chapter 11.
February 02, 2026
JPMorgan, the mortgage lender to a Manhattan loft owner, has urged a New York bankruptcy court to appoint a Chapter 11 trustee in the landlord's bankruptcy case or convert it to a liquidation under Chapter 7, alleging the debtor's leader has been "misappropriating" its cash for his own benefit.
January 13, 2026
The mortgage lender to a bankrupt Manhattan loft owner is asking a New York bankruptcy judge to block the debtor from spending its cash collateral, saying the landlord is overpaying employees and diverting funds.
December 17, 2025
The owner of a six-story commercial loft building in Manhattan has filed for Chapter 11 bankruptcy protection on the eve of a foreclosure sale on close to $41 million in mortgage debt.