Alexander Gallo Holdings Files for Bankruptcy in New York
Alexander Gallo Holdings LLC, a provider of court reporting and litigation services, filed for bankruptcy protection.
The company today listed debt in the range of $100 million to $500 million and assets of less than $100 million in Chapter 11 documents in U.S. Bankruptcy Court in Manhattan.
The company and its units’ 30 largest creditors without collateral backing their claims are owed about $189 million, according to court documents. Gallo Holdings LLC, listed as the note holder representative, is the biggest, with a claim of $147.9 million, according to court papers.
Peachtree Holdings Inc. holds 100 percent of the equity interest in the Atlanta-based company. Ten affiliates, including Esquire Solutions and Esquire Litigation Solutions, also sought protection.
The case is In re Alexander Gallo Holdings LLC, 11-14220, U.S. Bankruptcy Court, Southern District of New York (Manhattan).
To contact the reporter on this story: Dawn McCarty in Wilmington, Delaware, at dmccarty@bloomberg.net.
To contact the editor responsible for this story: John Pickering at jpickering@bloomberg.net
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