Several creditors—almost 200 pages worth—are listed in documents pertaining to J. E. Berkowitz’s (JEB) bankruptcy case. A number of those creditors are glass and glazing companies that are collectively owed hundreds of thousands of dollars.
On July 14, 2021, J.E. Berkowitz filed a voluntary petition for relief under title 11 of the United States Code in the United States Bankruptcy Court for the District of Delaware along with affiliates Columbia Commercial Building Products Acquisition, Consolidated Glass Holdings Inc. and Shaw Glass Holdings LLC. This followed reports earlier this year that the company was closing.
According to the bankruptcy filing, JEB has an estimated 200-999 creditors and assets of an estimated $100,001 to $500,000. It is listed as having estimated liabilities between $50,000,001 and $100 million.
The only company listed as a creditor with a claim secured by property is SJC DLF III-F, whose claim is listed at more than $85 million.
Among the entities with unsecured claims are Vitro Flat Glass, which is said to be owed $527,230.03; C.R. Laurence Co., listed with a claim totaling $129,255.51; Technoform Glass Insulation and Walker Glass Co. each have claims listed at almost $40,000; Glaston America, Glasweld Systems, Glass Enterprises and Glass Coatings and Concepts are collectively owed about $100,000.
The pending status of the case is listed as awaiting the 341 Meeting, a meeting between creditors and debtors during a Chapter 7 bankruptcy filing.