MV Realty files Chapter 11 bankruptcy with over $50 million in debt

By Sarah Lizee

Olympia, Wash., Sept. 22 – MV Realty PBC, LLC filed Chapter 11 bankruptcy on Friday in the U.S. Bankruptcy Court for the Southern District of Florida.

In its petition, the company reported 100 to 199 creditors, $10 million to $50 million in assets and $50 million to $100 million in liabilities.

The petition states no funds will be available for unsecured creditors after administrative expenses are paid.

The Boca Raton, Fla.-based real estate company filed bankruptcy under Chapter 11 case number 23-17590.

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