New Chapter 11 Filing - BICOM NY LLC
BICOM NY LLC
7/10/17 Recap: Manhattan based group of Jaguar, Maserati, Ford car dealerships filed for bankruptcy to trigger the automatic stay, prevent JPMorgan Chase from enforcing its rights as secured lender, and buy it more time to pursue a sale of the dealerships.
Jurisdiction: S.D. of New York (Judge Wiles)
Capital Structure: $82mm debt (JPMorgan C…