BRD Land & Investment, together with affiliates BRDL Warden Station, LLC and BRDL Warden Station Holding Co, LLC, filed a Disclosure Statement and Joint Plan of Liquidation on April 21, 2026, in the United States Bankruptcy Court for the Western District of North Carolina, Charlotte Division. The jointly administered Chapter 11 cases, filed under Case No. 26-30215, propose an orderly wind-down of the debtors’ real estate holdings — appraised at approximately $50.8 million — and project a recovery of approximately 16% for general unsecured creditors holding an estimated $108 million in claims.
Company Background and Business Operations
BRD Land & Investment is a South Carolina partnership that operated as a land…