JER Investors Trust Inc, along with its affiliate, filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the District of Delaware on December 29, 2023. The debtor listed its assets in the range of $10 million to $50 million and liabilities in the range of $100 million to $500 million. The debtor is represented by David M. Fournier and Tori Lynn Remington of Troutman Pepper Hamilton Sanders LLP as its legal counsels.

Matthew J. Dundon of Dundon Advisers LLC is appointed as Chief Restructuring Officer.