Wednesday, February 10, 2021

Biggest U.S. Bankruptcies in January 2021

1/30/2021: Knotel Inc. (Del.) - At least $1 billion in assets. The workspace provider operates in 20 global markets, including New York and San Francisco.

1/26/2021: L'Occitane Inc. (N.J.) - Less At least $100 million in debt. The beauty and wellness brand runs 166 boutiques in 36 states in the U.S.

1/25/2021: CiCi's Holdings (N.D. Tex) – Less than $50 million in assets. The owner and franchisor of unlimited pizza restaurants has 318 locations across 26 states, of which 307 are franchise locations operated by 128 franchisees.

1/25/2021: Alpha Media (E.D. Va.) – Less than $50 million in assets. The privately-held radio broadcast and multimedia company owns 200 radio stations and more than 200 web sites.

1/18/2021: EHT US1, Inc., et al. (Eagle Hospitality Trust) (Del.) – At least $500 million in assets. Singapore-based Eagle Hospitality Group sent entities that own 15 full-service hotels to Chapter 11 bankruptcy.

1/15/2021: National Rifle Association (N.D. Tex) - At least $100 million in assets. The gun rights advocacy group claims to be the longest-standing civil rights organization and has more than five million members.

1/13/2021:Christopher & Banks Corp. (N.J.) - $166 million in assets. The Minneapolis-based women's apparel retailer had 449 stores in 44 states consisting of 315 MPW stores, 76 Outlet stores, 31 Christopher & Banks stores.

1/11/2021: Ferrellgas Partners (Del.) - At least $100 million in assets. The Kansas-based company distributes propane and related equipment and supplies to customers in all 50 states.

1/10/2021: Tea Olive I (Minn.) - At least $50 million in assets. Eagan, Minnesota-based Tea Olive owns the 25-store Stock+Field farm supply and outdoor department store chain.

1/05/2021: South Bay Mental Health Center (Mass.) - At least $50 million in assets. South Bay is a behavioral health services provider with 21 offices in Massachusetts and one in Hartford, Connecticut.

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