New Delaware Chapter 11 Filing (Involuntary) – Georgia Proton Treatment Holdings, LLC

Zeitgeist Capital, LLC, Gryphon Resources, Inc., and Cobalt, LLC have commenced an involuntary case (Case No. 16-10569 (KG)) against Georgia Proton Treatment Holdings, LLC under Chapter 11 of the Bankruptcy Code by filing a petition with the U.S. Bankruptcy Court for the District of Delaware. Two of the debtor’s affiliates, Dallas Proton Treatment Center, LLC and Dallas Proton Treatment Holdings, LLC, are debtors in cases in the U.S. Bankruptcy Court for the Northern District of Texas. The Honorable Kevin Gross will preside over the case in Delaware, and the Honorable Stacey G.C. Jernigan is presiding over the cases in Texas. Additional documents are available from the Courts’ websites: http://www.deb.uscourts.gov/ and http://www.txnb.uscourts.gov/.

Contact Norman L. Pernick, Nicholas J. Brannick, or David W. Giattino for more information.

As the law continues to evolve on these matters, please note that this article is current as of date and time of publication and may not reflect subsequent developments. The content and interpretation of the issues addressed herein is subject to change. Cole Schotz P.C. disclaims any and all liability with respect to actions taken or not taken based on any or all of the contents of this publication to the fullest extent permitted by law. This is for general informational purposes and does not constitute legal advice or create an attorney-client relationship. Do not act or refrain from acting upon the information contained in this publication without obtaining legal, financial and tax advice. For further information, please do not hesitate to reach out to your firm contact or to any of the attorneys listed in this publication.

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