A ZOM Living affiliate has filed for Chapter 11 bankruptcy following a substantial $308.6 million Arizona judgment. The company intends to sell most of its assets as part of the reorganization process. This judgment originated from a dispute where Gray Development alleged ZOM used proprietary information. The bankruptcy filing aims to pause litigation and facilitate the appeal of the Arizona verdict. ZOM Holding LP, which owns the company's real estate, is not included in the bankruptcy filing.
Winter Park, Florida
https://therealdeal.com/miami/2026/11/03/zom-living-files-for-bankruptcy-after-308-million-judgment/