Long Island real estate holding company Giapreet LLC filed for Chapter 11 bankruptcy Thursday in New York, disclosing just over $35 million in liabilities against roughly $26.8 million in assets, primarily in real property. Voluntary Filing Signals Strategic Restructuring In court papers, Mardeep Singh, a member of Giapreet LLC, stated it is “in the best Giapreet filed for Chapter 11 in NY court, citing $35M liabilities, continues landlord operations.
Giapreet Filed for Chapter 11 Amid $35M Liabilities
