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Published on 3/1/2022 in the Prospect News Distressed Debt Daily.

BSPV-Plano files Chapter 11 bankruptcy with over $50 million of debt

By Sarah Lizee

Olympia, Wash., March 1 – BSPV-Plano, LLC filed Chapter 11 bankruptcy Tuesday in the U.S. Bankruptcy Court for the Eastern District of Texas, according to court documents.

The company said in its petition that funds will be available for distribution to unsecured creditors.

BSPV listed $50 million to $100 million in both assets and liabilities.

No unsecured creditors were listed with claims of $1 million or more.

The Plano, Tex.-based real estate investment company filed Chapter 11 bankruptcy under case number 22-40276.


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