Liquid Holdings Group, Inc. filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the District of Delaware on January 27, 2016. The debtor listed its assets of $0.04 million and liabilities of $5.25 million. The largest unsecured creditors include ACTIV Financial Systems, Inc., salesforce.com, inc., Equinix, Inc., Zuora, Inc., GM ANALYTIC SOFTWARE, Joseph P. Day Realty Corporation, HUB Properties Trust, Level 3 Communications, LLC, Thomson Reuters Corporation, and Lightower Fiber Networks LLC.

The debtor is represented by Victoria A. Guilfoyle of Blank Rome LLP as its legal counsel. Senahill partners LLC and Carl Marks Advisory Group LLC acted as financial advisor for the debtor. The debtor hired Prime Clerk LLC as claims and noticing agent at an hourly rate of $200.