Peer Street, Inc.

  1. May 13, 2024

    Peer Street Ch. 11 Ruling Hinges On Pro Se Creditor's Protest

    A Delaware bankruptcy judge told real estate investment platform Peer Street Inc. on Monday that she would make a final ruling on confirmation of the company's Chapter 11 plan in the coming days, but only after finishing a review of a pro se creditor's complaints about the otherwise consensual wind-down deal.

  2. May 06, 2024

    WeWork Advances Plan, J&J's Third Filing, More Jones Drama

    WeWork Inc. pushed forward a reorganization plan despite its former CEO's objections, Johnson & Johnson disclosed plans for a prepackaged bankruptcy case supported by a $6.5 billion settlement, and an appeals court upheld more than $400,000 in sanctions as part of bankruptcy proceedings for Georgia-Pacific's asbestos unit.

  3. April 29, 2024

    Peer Street Plan Ruling Gets Delayed After Objector No-Show

    Real estate investment platform Peer Street Inc. will have to wait another week for a decision on confirmation of its Chapter 11 plan, after a Delaware bankruptcy judge declined Monday to rule on the relief because an objecting party wasn't present in court.

  4. April 25, 2024

    Peer Street Says It Has Votes To Confirm Ch. 11 Plan

    Bankrupt crowd-funded real estate investment platform Peer Street Inc. asked a Delaware bankruptcy judge to confirm its proposed Chapter 11 plan and disclosure statement, saying its creditors have voted overwhelmingly to support the plan ahead of its confirmation hearing scheduled for Friday.

  5. March 15, 2024

    Peer Street Can Solicit Ch. 11 Plan Votes, Judge Says

    Peer Street told creditors of the company and its entities Friday to expect ballots for their Chapter 11 plan, after a Delaware bankruptcy judge decided the real estate investment platform had disclosed enough information about its proposal for reorganization.

  6. February 21, 2024

    Peer Street Needs To Revise Ch. 11 Disclosures, Judge Says

    A Delaware bankruptcy judge sent crowd-funded real estate investment platform Peer Street Inc.'s disclosure statement back to the drawing board on Wednesday, telling the company that it needed to add more details and understandable language amid outcry from some small investors who wanted to convert the Chapter 11 bankruptcy to a liquidation.

  7. February 15, 2024

    Peer Street Hits Back Against Ch. 7 Conversion Efforts

    Bankrupt real estate investment firm Peer Street Inc. hit back at creditors' motions to convert its case to a Chapter 7 liquidation, saying to the Delaware bankruptcy court that conversion would torpedo its restructuring plan, which has the support of secured creditors and the unsecured creditors committee.

  8. September 08, 2023

    Peer Street Sale Hits Snag Over Loan Participation Quandary

    Bankrupt real estate investment platform Peer Street Inc. must provide further explanation about a vexing question of loan participation before it can seek further approval of its sale and bidding procedures, a Delaware judge said Friday.

  9. July 03, 2023

    Meet The Attys For Real Estate Investment Biz In Its Ch. 11

    Attorneys from Young Conaway Stargatt & Taylor LLP and Kramer Levin Naftalis & Frankel LLP are representing real estate investment platform Peer Street Inc. and affiliates in their Chapter 11 in Delaware.

  10. June 28, 2023

    Peer Street Gets OK To Tap Cash For Ch. 11 Mortgage Sale

    Bankrupt real estate investment platform Peer Street Inc. got a Delaware bankruptcy court's permission Wednesday to tap into cash collateral and access its various bank accounts as it prepares to sell six pools of investment assets connected with about 900 mortgages.