AGDP Holding Inc. operates Avant Gardner, a premier Brooklyn live music venue complex featuring The Brooklyn Mirage (5,300 capacity outdoor venue), The Great Hall (2,800 capacity), and The Kings Hall (540 capacity), specializing in electronic dance music events and festivals including Electric Zoo. The Brooklyn-based company, founded in 2017 and owned by Jurgen Bildstein, filed for Chapter 11 protection on August 4, 2025 in Delaware (Case No. 25-11446) after being unable to open its flagship Brooklyn Mirage venue for the 2025 season due to NYC Department of Buildings permit revocation following construction delays and the determination that temporary structures had become permanent. At filing, the company carried approximately $155.3 million in funded debt including a $121.1 million first lien term loan and $20.8 million in protective advances. The Debtors obtained a $45.8 million DIP facility ($25M new money plus $20.8M roll-up) from AG Acquisition 1 LLC at 10.5% interest. A 363 sale to the prepetition lender via $110 million credit bid was approved in October 2025. A liquidating plan with estimated 5.4-6.9% recovery for general unsecured creditors is pending confirmation.