Core Viewpoint - The filing initiated by Brian Ferdinand under the United States Bankruptcy Code aims to preserve access to statutory limitations on commercial lease termination and rejection claims, specifically under Section 502(b)(6) [2][10]. Group 1: Legal Context and Framework - The filing is intended to operate exclusively within the federal bankruptcy claims-allowance process and cannot be enforced by state courts [2][3]. - The claims asserted in the filing include demands for accelerated rent, failure to credit security deposits, and the inclusion of unauthorized fees, which are restricted under federal law [7][10]. Group 2: Guarantor Obligations and Company Background - Brian Ferdinand is not the primary obligor on the commercial leases but has limited guaranty-related obligations tied to certain real estate transactions, many of which are capped or restricted [4][5]. - At the time the guaranties were executed, LuxUrban was a rapidly expanding hospitality company with significant enterprise value and growth initiatives [5]. Group 3: Financial Structures and Risk Mitigation - LuxUrban was obligated to maintain trust and reserve accounts amounting to approximately $1.2 million annually for up to twenty years, totaling around $24 million in reserve funding [6]. - The gross asserted exposure in the filing does not account for contractual offsets or required applications of security deposits, indicating that claims may be materially reduced or eliminated once legally mandated reductions are applied [8][11]. Group 4: Nature of the Filing - The filing is characterized as a protective legal action to preserve statutory rights under federal law rather than an admission of liability [12].