Simad Holdings, a prominent operator of Jewish summer camps in the United States, has officially filed for bankruptcy. The announcement comes just as the summer season is set to begin. Despite the legal filing, the company has stated that its overnight and day camp programs will proceed as scheduled. This ensures that planned activities for campers will not be interrupted by the financial proceedings. The operator continues to manage its various facilities while addressing its debt obligations. The news was first reported by The Times of Israel. The company aims to maintain operational stability during this transition.