NJ Event Venue Hits Ch. 11 After $11M Loan Foreclosure

By Alex Wittenberg · January 31, 2025, 3:45 PM EST

A New Jersey event venue under construction called The Chariot has filed for Chapter 11 protection in New Jersey after its bank took foreclosure action on its $11 million loan, with...

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Bankruptcy Scorecard

Summary

An 80,000 square foot New Jersey event venue under construction called The Chariot has filed for Chapter 11 protection in New Jersey after its bank took foreclosure action

Case Number

2:25-bk-10977

Judge

Vincent F. Papalia

Venue

U.S. Bankruptcy Court for the District of New Jersey

Capital Structure

Total Liabilities:

$15.8 million

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