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ASI CAPITAL: Bondholders’ Committee Formed in ASICIF Case

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The Office of the U.S. Trustee appointed a committee to represent bondholders in the Chapter 11 case of ASI Capital Income Fund, LLC, an affiliate of ASI Capital LLC.

The members of the bondholders’ committee are:

(1) Betty File

(2) Robert Waxman

(3) Michael Scruggs

(4) Patricia Martin

About ASI Capital Income Fund, LLC and ASI Capital LLC

ASI Capital Income Fund, LLC and ASI Capital LLC are investment companies based in Colorado Springs, Colo.

ASICIF and ASI Capital sought protection under Chapter 11 of the Bankruptcy Code (Bankr. D. Colo. Lead Case No. 20-14066) on June 15, 2020. At the time of the filing, both Debtors disclosed assets of between $10 million and $50 million and liabilities of the same range. Judge Elizabeth E. Brown oversees the cases. Lewis, Brisbois, Bisgaard & Smith LLP is Debtors’ legal counsel.