L&J Investment Holdings LLC v. SkyLock Industries Inc.
Case Number:
1:23-cv-00135
Court:
Nature of Suit:
Judge:
Firms
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September 30, 2024
Behind Plane Parts Maker Skylock's Ch. 11
California-based aircraft parts maker Skylock Industries, which filed for Chapter 11 protection on Thursday, was put on track for bankruptcy by the COVID-19 pandemic, a nearly yearlong freeze on delivering millions of dollars in inventory and a lender foreclosing on a manufacturing facility, according to its board chairman.
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September 27, 2024
LA Plane Parts Maker Hits Ch. 11 With At Least $10M In Debt
A California-based aircraft parts maker, Skylock Industries, filed for bankruptcy reporting between $10 million to $50 million in both assets and liability as it faces litigation alleging that it owes half a million dollars in past-due rent, as well as a lawsuit seeking to collect a finder's fee on a $9 million loan.