SilverRock Gets More Time To Control Its Ch. 11 Case

By Vince Sullivan · September 3, 2025, 5:51 PM EDT

Bankrupt California resort developer SilverRock Development received approval to extend the exclusive control window in its Chapter 11 case for four months, with a Delaware judge saying the debtor has made...

To view the full article, register now.
Try a seven day FREE Trial

Already a subscriber? Click here to login

Bankruptcy Scorecard

Summary

SilveRock, formed to develop a luxury resort in La Quinta, California, lost funding from an investor during the pandemic and struggled to find replacement cash and filed for bankruptcy with $270.5 million in debt as foreclosure by secured lenders loomed.

Case Number

24-11647

Judge

Mary F. Walrath

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

$270.5 million in debt

View Full Scorecard

Related Sections

Case Information

Case Title

SilverRock Development Company, LLC

Case Number

1:24-bk-11647

Court

Delaware

Nature of Suit

Date Filed

August 05, 2024

Recent Articles By Vince