Assignors: FLIGHT FAMILY ENTERTAINMENT HOLDINGS LLC, FLIGHT FIT ‘N FUN LLC, FFNF-JS, LLC, FLIGHT FIT FUN PARK LLC, FLIGHT FIT ‘N FUN (NEW BRITIAN) LLC, FLIGHT FIT ‘N FUN (CARY) LLC, FLIGHT FIT ‘N FUN (PITTSBURGH) LLC, FLIGHT FIT ‘N FUN (CEDAR PARK) LLC, FLIGHT FIT ‘N FUN (CHANDLER) LLC, FLIGHT FIT ‘N FUN (DALLAS) LLC, FLIGHT FIT ‘N FUN (CLIFFWOOD) LLC, FLIGHT FIT ‘N FUN (GLENDALE) LLC, FLIGHT FIT ‘N FUN (GREENWOOD VILLAGE) LLC, FLIGHT FIT ‘N FUN (SEWELL) LLC, FLIGHT FIT ‘N FUN (GOODLETTSVILLE) LLC, FLIGHT FIT ‘N FUN (STRATFORD) LLC, FLIGHT FIT ‘N FUN (JACKSONVILLE BEACH) LLC, FLIGHT FIT ‘N FUN (HOLYOKE) LLC, FLIGHT FIT ‘N FUN (LAKEWOOD) LLC, FLIGHT FIT ‘N FUN (LAWRENCEVILLE) LLC, FLIGHT FIT ‘N FUN (MURFREESBORO) LLC, FLIGHT FIT ‘N FUN (SURPLUS) LLC
Assignees: FFEH (ABC), LLC; FFF (ABC), LLC; FFNF (ABC), LLC; FFP (ABC), LLC; FFFNB (ABC), LCC; FFFC (ABC), LLC; FFFP (ABC), LLC; FFFCP (ABC), LLC; FFFCH (ABC), LLC; FFFD (ABC), LLC; FFFCW (ABC), LLC; FFFGD (ABC), LLC; FFFGV (ABC), LLC; FFFSW (ABC), LLC; FFFG (ABC), LLC; FFFSF (ABC), LLC; FFFJB (ABC), LLC; FFFHO (ABC), LLC; FFFLW (ABC), LLC; FFFLV (ABC), LLC; FFFMB (ABC), LLC; FFFSP (ABC), LLC
Assignment Date: August 27, 2020
Jurisdiction: Delaware
Case Closure: January 13, 2022
The Assignors are limited liability companys in the state of Delaware. The Assignees, also Delaware limited liability companys, are special purpose entities established to (i) sell the assets of the Assignors and its affiliated companies, (ii) compile claims, and (iii) distribute proceeds to creditors according to the priority established. Please note that except for the relationship created by the Assignments, the Assignors and Assignees have no corporate affiliations to each other.
Status Update: The Assignees of the Assignment Estates, have diligently worked to administer the Assignment Estates and maximize recovery for the creditors of the Assignment Estates. This includes the sale of assets in which the Assignees worked to sell the remaining assets of the Assignment Estates’ assets. However, the sale price for the assets was significantly lower than the total amount of secured debt owed to the Assignment Estates’ secured lenders, and the costs in administering the Assignment Estates have further depleted the Assignment Estates’ financial resources. As a result, the Assignment Estates’ do not possess the wherewithal to satisfy the outstanding amounts owed to the Assignment Estates’ secured lenders and subsequently will not be able to make a distribution to unsecured creditors possessing allowed claims in the Assignment Estates. The case was closed on January 13, 2022 by order of the Honorable Lori W. Will of the DE Court of Chancery Civil Action and the Assignees were discharged from any and all further obligations related to the Assignment Estates or the ABC Proceedings under this order.
