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Published on 3/10/2020 in the Prospect News Distressed Debt Daily.

Hollister Construction sees net loss narrow to $864,488 in January

By Caroline Salls

Pittsburgh, March 10 – Hollister Construction Services LLC reported an $864,488 net loss for January on $555,8656 in net revenue, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the District of New Jersey.

In comparison, the company posted a $953,681 net loss for December on $436,405 in net revenue.

Hollister listed $1.17 million in unrestricted cash and equivalents as of Jan. 31, up from $638,194 at the end of December.

Hollister is a Parsippany, N.J.-based construction company. The company filed bankruptcy on Sept. 11, 2019 under Chapter 11 case number 19-27439.


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