B. Riley Real Estate and B. Riley Wholesale & Industrial Solutions (collectively, B. Riley), subsidiaries of B. Riley Financial, have been retained as advisors in connection with the Chapter 11 bankruptcy of Prize Management and Sand Ridge Development Association, dba Sand Ridge Materials. B. Riley was retained to lead the sale process for Sand Ridge’s mine assets, including its real estate, machinery and equipment.
Sand Ridge filed for Chapter 11 protection in the North Carolina Eastern Bankruptcy Court (Case No. 23-02681) on Sept. 14, 2023.
