RAIT Funding, LLC, along with its affiliates, filed a motion for joint administration of their Chapter 11 bankruptcy cases in the US Bankruptcy Court on September 2, 2019. As per the motion, the debtor seeks the joint administration of the cases of its affiliates, RAIT Financial Trust, Taberna Realty Finance Trust, RAIT JV TRS Sub, LLC, RAIT JV TRS, LLC, RAIT General, Inc. and Rait Limited Inc., with its own case for administrative and procedural purposes. RAIT Funding, LLC has been proposed as the lead debtor.