August 28, 2026
A dozen attorneys from Paul Hastings LLP and Connell Foley LLP are representing the official committee of unsecured creditors in the Chapter 11 of real estate company DAMIS Holdings, which filed for bankruptcy protection alongside its sister company, a summer camp operator, in June.
August 27, 2026
DAMIS Holdings LLC, the bankrupt real estate holding company tied to a summer camp empire at the center of a complex Chapter 11 proceeding, will have a three-member official committee of unsecured creditors, according to the U.S. Trustee's Office.
August 26, 2026
A fast-cash funder has sued the now-bankrupt brothers who ran their summer camp empire into the dirt for guaranteeing nearly $6.4 million of loans earlier this year, alleging they were already insolvent and had no intent to repay the funds.
August 04, 2026
One of the brothers behind the insolvent summer camp empire of SIMAD Holdings told the New Jersey bankruptcy court Tuesday his personal Chapter 11 case should be dismissed because he was so deep in debt that creditors stood to receive less than one cent on the dollar even if everything he owned was liquidated.
July 29, 2026
A federal grand jury is investigating the bankrupt summer camp operator SIMAD Holdings, its controlling shareholders and related entities, and the company has received a demand to produce documents as part of the probe, according to a notice filed with the Tel Aviv Stock Exchange.
July 23, 2026
Real estate company DAMIS Holdings, sister company to bankrupt summer camp operator SIMAD Holdings, on Thursday told a New Jersey bankruptcy judge it had secured an agreement from nearly all of its lenders on the use of their cash collateral in the combined Chapter 11 case, while looking to hammer out a shared services budget for its 50 properties next month.
July 16, 2026
A group backed by Warner Bros. Discovery CEO David Zaslav is making a $68 million stalking horse bid for Mohawk Day Camp, one of a collection of camps run by SIMAD Holdings that are up for sale in its Chapter 11 proceeding.
July 09, 2026
DAMIS Holdings won permission from a New Jersey bankruptcy judge Thursday to extend the use of its cash for another two weeks, after the debtors wrested control of the initially chaotic Chapter 11 case and as they prepare operating budgets for more than 50 real estate holdings.
June 26, 2026
Dozens of U.S. summer camps can race toward a sale after their bankrupt owner SIMAD Holdings won approval on Friday to solicit bids by July 17, over the strenuous objection of the largest unsecured creditor in the chaotic Chapter 11 case.
June 23, 2026
A quintet of partners from Cole Schotz PC is stewarding the Chapter 11 case of summer camp operator and real estate holding company.