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BRD Land & Investment is pursuing a real-estate liquidation and asset-disposition path: the court has authorized the free-and-clear sale of the Warden Station property, while the debtor is unwinding land-purchase commitments and seeking settlements of related disputes. The August 11 sale order permits BRDL Warden Station, an affiliate, to sell approximately 1,765 acres in Conway, South Carolina to Greenstead Capital I for $16.17 million, subject to higher and better offers and closing conditions; closing is scheduled by October 15, 2026, with a buyer extension option to December 15 Warden Station sale order Dkt. 387. BRD filed its voluntary Chapter 11 petition on February 24, 2026, reporting estimated liabilities of $100 million to $500 million and 200 to 999 creditors voluntary petition Dkt. 1. Early liquidity depended on cash collateral rather than a new-money DIP: the court's second interim order authorized use under a budget through June 30, required weekly reporting, imposed a 10% cumulative budget variance, and provided for sequestration of $17,306.18 while preserving lien challenges second interim cash-collateral order Dkt. 138. The current docket reflects continued rationalization of the…
Updated Aug 15, 2026
Debtor’s Response in Opposition to Massey Properties and Prince/Booth Investment Company, LLC’s Motion to Compel Rejection of Land Purchase Contract and for Relief from the Automatic Stay [Hearing scheduled for 08/26/2026 at 9:30 AM at 3-Courtroom 2A] (Filed by Matthew L Tomsic on Behalf of BRD Land & Investment)
Docket 408 · Aug 19, 2026
Order Granting Fifth Application of Rayburn Cooper & Durham, P.A. for Allowance of Compensation and Reimbursement of Expenses for the Period from June 1, 2026 Through June 30, 2026
Docket 403 · Aug 18, 2026
Order Granting Fourth Application of GreeWalker LLP for Allowance of Compensation for Services Rendered and Reimbursement of Expenses for the Period from June 1, 2026 Through June 30, 2026
Docket 404 · Aug 18, 2026
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