MOM CA Investco LLC

  1. July 07, 2025

    Celsius Ends FTX Clawback Suit, Rite Aid Unit Sale OK'd

    FTX's Bahamas unit and bankrupt cryptocurrency lender Celsius Network reached a settlement resolving an adversary lawsuit seeking the return of around $517 million in pre-bankruptcy transfers. A New Jersey bankruptcy judge approved Rite Aid's roughly $19 million sale of an ice cream brand to a pair of billionaires behind Monster Energy. And insurers are challenging Avon's Chapter 11 plan, arguing it unfairly forces them to cover potentially invalid talc injury claims.

  2. June 30, 2025

    Judge Might Toss Calif. Hotel Ch. 11 After $55M Sale Implodes

    A Delaware bankruptcy judge told a California hotel owner and operator Monday he was prepared to dismiss or convert its Chapter 11 case after learning that a proposed $55 million sale to a third party fell apart over the weekend.

  3. June 27, 2025

    What's Happening In Bankruptcy Court This Coming Week

    With a slightly lighter calendar thanks to Independence Day, bankruptcy judges will consider the Chapter 11 plans and disclosure statements of Molecular Templates and the former owner of social media company Parler, rule on the asset sales of a charter school funder and Village Roadshow, and decide whether a California real estate firm can receive additional postpetition financing.

  4. June 04, 2025

    Calif. Hotel Operator Seeks To Triple DIP In Ch. 11 To $19.5M

    California hotel operator MOM CA Investco LLC asked a Delaware bankruptcy judge to increase its Chapter 11 financing by $14.5 million, up from the $5 million that has already been approved.

  5. May 28, 2025

    Calif. Hotel Operator Sued By JV Partner In Ch. 11 Case

    The joint venture partner of a bankrupt California hotel owner-operator lodged an adversary complaint against the company in its Chapter 11 bankruptcy case in Delaware, urging the court to transfer several of the joint venture's California properties.

  6. May 14, 2025

    Hotel Operator Can Sell 188-Unit Apartment Complex In Ch. 11

    A Delaware bankruptcy judge on Wednesday approved California hotel operator MOM CA Investco LLC's request to sell a 188-unit apartment complex in Redlands, California, despite an objection from creditors who have accused the company of fraud.

  7. May 12, 2025

    Calif. Hotel Operator Gets Deal To Avoid Ch. 11 Dismissal Bid

    A Delaware bankruptcy judge has signed off on a settlement in the Chapter 11 case of California hotel operator MOM CA that calls for two creditors that accused the debtor of fraud to hold off on their motion to dismiss the case, with the hospitality firm agreeing to support the creditors' efforts to propose a reorganization plan.