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Published on 12/26/2019 in the Prospect News Distressed Debt Daily.

Hollister Construction sees net loss narrow to $468,063 in November

By Caroline Salls

Pittsburgh, Dec. 26 – Hollister Construction Services LLC reported a $468,063 net loss for November on $2.82 million in net revenue, according to its monthly operating report filed Dec. 24 with the U.S. Bankruptcy Court for the District of New Jersey.

In comparison, the company posted a $780,529 net loss for October on zero net revenue.

Hollister listed $237,617 in unrestricted cash and equivalents as of Nov. 30, down from $577,361 at the end of October.

Hollister is a Parsippany, N.J.-based construction company. The company filed bankruptcy on Sept. 11 under Chapter 11 case number 19-27439.


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