To save federal dollars, crack down on tax cheats rather than student loans, says economist

Covering reported business bankruptcy filings in Massachusetts, Maine, New Hampshire, and Rhode Island, and Chapter 11 bankruptcy filings in New York and Delaware listing assets of more than $1 million.

Chapter 11
Debtor Name Business
Type1
Bankruptcy
Court
Assets Liabilities Filing
Date
CHG US Holdings LLC2
(Miami Beach, FL)
Restaurants and Other Eating Places Wilmington
(OF)
$50,001
to
$100,000
$10,000,001
to
$50 Million
5/12/25
Oracles Capital Inc.
(Stuart, FL)
Not Disclosed Wilmington
(OF)
$1,000,001
to
$10 Million
$100,001
to
$500,000
5/12/25
Winthrop Street-Morra Solar, LLC
(Rehoboth, MA)
Not Disclosed Boston
(MA)
$0
to
$50,000
$1,000,001
to
$10 Million
5/18/25
Chapter 7
Debtor Name Business
Type1
Bankruptcy
Court
Assets Liabilities Filing
Date
Harvest Direct, LLC
(East Weymouth, MA)
Not Disclosed Boston
(MA)
$0
to
$50,000
$1,000,001
to
$10 Million
5/14/25
Yale Entertainment, LLC
(Rye, NY)
Not Disclosed Manhattan
(NY)
$10,000,001
to
$50 Million
$50,000,001
to
$100 Million
5/14/25
Cutrade, Inc.
(Brockton, MA)
Not Disclosed Boston
(MA)
$0
to
$50,000
$100,001
to
$500,000
5/16/25

1Business Type information is taken from Bankruptcy Court filings, which may include incorrect categorization by the debtor or others.

2ADDITIONAL AFFILIATE FILINGS INCLUDE: Bethesda LLC plant, Brooklyn LLC, Soho LLC, Nomad LLC plant, DC LLC plant, Plant Plant LLC, FLL LLC plant, Buckhead LLC, Brentwood LLC and Marina LLC plant.

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