The US Bankruptcy Court granted an order for the joint administration of the Chapter 11 bankruptcy cases of RAIT Funding, LLC and its affiliates on September 4, 2019. The affiliates include RAIT Financial Trust, Taberna Realty Finance Trust, RAIT JV TRS Sub, LLC, Rait JV Trs, LLC, RAIT General, Inc. and Rait Limited Inc. The cases would be jointly administered for administrative and procedural purposes. RAIT Funding, LLC has been designated as the lead debtor.