Longtime luxury homebuilder files for bankruptcy

A South Florida luxury homebuilder in business for over 45 years has declared bankruptcy. The company’s attorney, Aaron A. Wernick of Wernick Law, told the Business Journal Pegasus will continue to operate its business while it restructures. Vi…
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Hospitality company files for bankruptcy with over $10 million in debt

Wernick Law’s Aaron A. Wernick, the attorney representing DMD, told the Business Journal the company is seeking bankruptcy protection while it attends to the lawsuit which has “unnecessarily taken resources from the company.” View S…
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Owner of former Best Buy space files for bankruptcy to stop foreclosure

“The owner of a Pinecrest retail building that previously housed a Best Buy store filed Chapter 11 reorganization to halt a foreclosure lawsuit and continue litigation against its former tenant.” View South Florida Business Journal Articl…
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Rudy’s Coffee Roastery Just Went Bankrupt

“Rudy Giuliani needs a little coffee money—and so does the Miami-based roastery that’s scooping out the once-beloved mayor’s new line of signature java blends.” Daily Beast and Independent
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Bid of $11.4M wins apartment complex at bankruptcy auction

“The County Club Village apartment complex in Boca Raton attracted a winning bid of $11.4 million at a bankruptcy auction on Dec. 1. The winning bidder was a company managed by Oded T. Meltzer, a veteran real estate investor who is mulling expa…
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Owner of 14 repossessed homes in Palm Beach County files for bankruptcy

“A company that owns 14 Palm Beach County homes after seizing them through foreclosure and operating them as rentals has filed Chapter 11 reorganization. All 14 of those properties are facing foreclosure lawsuits stemming from the original mort…
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75 jobs saved after Don Pablo Coffee emerges from bankruptcy

“The South Florida maker and distributor of Don Pablo coffee has emerged from Chapter 11, the company’s attorney said. A financial reorganization plan for Burke Brands LLC was approved by U.S. Bankruptcy Judge Robert A. Mark of the Southe…
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200 jobs saved after local retailer emerges from bankruptcy

“A federal court approved a financial reorganization plan that will allow a Davie-based national watch retailer to emerge from bankruptcy. On Feb. 12, U.S. Federal Judge Scott M. Grossman of the Southern District of Florida in Fort Lauderdale a…
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Retailing Enterprises, LLC Emerges from Its Successful Reorganization with a Positive Outlook

“DAVIE, Fla., Feb. 23, 2024 /PRNewswire/ — Retailing Enterprises, LLC, an independent operator of Invicta stores in the U.S., is thrilled to announce that on February 12, 2024, US Federal Judge Scott M. Grossman in the Fort Lauderdale, Fl…
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National Watch Retailer Emerges from Its Successful Chapter 11 Reorganization

“Retailing Enterprises, LLC, an independent operator of Invicta stores in the U.S., is thrilled to announce that on February 12, 2024, U.S. Federal Judge Scott M. Grossman in the Fort Lauderdale, Florida Federal Court confirmed the consensual p…
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