<body><div><p>Marcel Contraband Pointe, LLC, a Lake Charles, LA-based mixed-use real estate developer, filed for Chapter 11 protection on Nov. 7 in the U.S. Bankruptcy Court for the Western District of Louisiana.</p><p>The company reports $17.9 million in assets and $21.6 million in liabilities. The filing indicates that no funds will be available for distribution to unsecured creditors after administrative expenses are paid. The case number is 25-20568.</p><h2>Top Unsecured Claims</h2><figure><img src="https://img.particlenews.com/image.php?type=thumbnail_580x000&amp;url=2Rgoew_16NmPAVF00" alt="https://img.particlenews.com/image.php?url=2Rgoew_16NmPAVF00" width="2000" height="416" ><figcaption>Source: Bondoro, Court filings</figcaption></figure><h2>Key Parties</h2><p><b>Counsel:</b></p><ul><li>Bradley L. Drell</li></ul><ul><li>Gold, Weems, Bruser, Sues &amp; Rundell, A PLC</li></ul><ul><li>Email: bdrell@goldweems.com</li></ul><p><b>Signatories:</b></p><ul><li>Vernon M. Veldekens – President</li></ul><p>Bondoro Insights is continuing to monitor this case and will provide further coverage as appropriate.</p><p>Stay informed on every Chapter 11 bankruptcy case with liabilities exceeding $10 million. Subscribe for free to have our coverage delivered directly to your inbox, and explore our full archive of past summaries.</p><p>Explore Bondoro Insights for live case dockets and comprehensive coverage of material filings from petition to plan confirmation.</p></div></body>

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Marcel Contraband Pointe, LLC, a Lake Charles, LA-based mixed-use real estate developer, filed for Chapter 11 protection on Nov. 7 in the U.S. Bankruptcy Court for the Western District of Louisiana. The company reports $17.9 million in assets and $21.6 million in liabilities. The filing indicates that no funds will...

Filing Alert: Marcel Contraband Pointe Chapter 11

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Marcel Contraband Pointe, LLC, a Lake Charles, LA-based mixed-use real estate developer, filed for Chapter 11 protection on Nov. 7 in the U.S. Bankruptcy C

Filing Alert: Marcel Contraband Pointe Chapter 11

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