Richard "Rich" Francis, CEO of the failed R&R Family of Cos., filed a voluntary Chapter 11 petition on Sept. 22 in the U.S. Bankruptcy Court for the Middle District of Florida. He listed between $10 million and $50 million in both assets and liabilities, and between one and 49 creditors.

The filing is personal. It does not pull R&R Express, RFX or other R&R entities into bankruptcy court. Francis also declined to proceed as a small-business debtor under Subchapter V, and he told the court his debts are "primarily business debts rather than consumer debts."

That distinction matters for the carriers and freight vendors still chasing unpaid invoices from R&R's January shutdown. A personal Chapter 11 will halt collection efforts against Francis individually, but leaves claims against the operating entities to be pursued on a separate track.

What does the filing reveal so far?

Little. Francis submitted only the initial petition and has not yet filed schedules covering assets, secured and unsecured debts, income and expenses, plus a statement of financial affairs. A court deficiency notice flagged the missing documents; they are due Oct. 6 unless the court grants an extension.

Until those schedules land, the size and composition of Francis's estate — and any link between his personal finances and R&R's collapse — will stay opaque.

How does Huntington National Bank fit in?

The bankruptcy intersects directly with litigation Huntington National Bank has been running against Francis and his wife, Kathleen Francis, over a Marco Island property at 550 S. Barfield Drive. Huntington alleges that R&R Express Properties LLC transferred the residence to the couple in December 2025 as R&R's financial condition deteriorated. The bank is challenging the transfer and wants to preserve its ability to recover against the property.

A Florida state court has now placed the Huntington suit on inactive status because the Chapter 11 filing triggered an automatic bankruptcy stay. Huntington is listed among parties receiving notice in the new case, signaling the bank intends to participate in the proceedings.

Separately, Huntington has sued 24 R&R companies over more than $12 million in debt — a figure that frames the lender's exposure across the wider corporate group.

What comes next in court?

• Oct. 6 — deadline for Francis's bankruptcy schedules and statement of financial affairs
• Oct. 21 — initial status conference before the bankruptcy court
• Oct. 27 — meeting of creditors, at which Francis must appear and may be questioned under oath

The Oct. 27 §341 meeting is the moment creditors — including carriers owed money from R&R's wind-down — can put questions directly to Francis about his assets, his business interests and the property transfers that triggered Huntington's suit.

What are the commercial consequences?

For shippers and carriers, the personal filing opens no new recovery path against R&R's operating entities. R&R Express, RFX and the sibling companies remain outside bankruptcy, meaning claims against those firms must move through a separate channel that, based on the January shutdown and the volume of unpaid invoices reported, already looks crowded.

For lenders, the stay complicates foreclosure efforts on the Marco Island home and any other property held in Francis's name. For vendors, the key disclosure window is the October schedule filing. That paperwork will determine whether any meaningful assets exist to attach and whether Francis's personal balance sheet overlaps with the operating companies that left bills unpaid.

The forthcoming schedules will also test the strength of Huntington's transfer-fraud allegations. If the documents show the Marco Island property moved while Francis was already insolvent, the bank gains leverage; if they show independent consideration changed hands, the picture shifts toward Huntington's recovery options narrowing.

R&R's operations began shutting down in January, leaving hundreds of employees out of work and a long tail of carriers and freight-related businesses pursuing unpaid invoices. The corporate group has not filed for bankruptcy, and no successor entity has emerged to absorb its book of business. Until Francis's schedules land in October, shippers who routed freight through R&R before the collapse will have more questions than answers about who, ultimately, pays.