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Published on 4/23/2021 in the Prospect News Distressed Debt Daily.

Medley official committee of unsecured creditors appointed by trustee

By Sarah Lizee

Olympia, Wash., April 23 – Medley LLC’s official committee of unsecured creditors was appointed by Regions 3 and 9 U.S. trustee Andrew R. Vara, according to a notice filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.

The four members are Ian Bell of U.S. Bank, NA, based in St. Paul, Glenn Gardipee, James MacAyeal and Carl Wegerer, III.

New York-based Medley is an alternative asset management firm offering yield solutions to retail and institutional investors. The company filed bankruptcy on March 7 under Chapter 11 case number 21-10526.


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