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Akoustis Technologies, Inc. and Akoustis Technologies, Inc.

COURT
Delaware Bankruptcy Court
CASE NUMBER
1:2024bk12796
TYPE / CHAPTER
Voluntary / 11

Filed

12-16-24

Updated

12-22-24

Last Checked

12-16-24

Assets

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Liabilities

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Docket

Last Updated
Dec 16, 2024
Last Entry Filed
Dec 16, 2024

Docket Entries by Day

Dec 16 1 Petition Chapter 11 Voluntary Petition . Fee Amount $1738. Filed by Akoustis Technologies, Inc., Matthew B. McGuire. (McGuire, Matthew) (Entered: 12/16/2024)
Dec 16 Receipt of filing fee for Voluntary Petition (Chapter 11)( 24-12796) [misc,volp11a] (1738.00). Receipt Number A11939795, amount $1738.00. (U.S. Treasury) (Entered: 12/16/2024)
Dec 16 2 Affidavit/Declaration in Support of First Day Motion (Declaration of Mark D. Podgainy in Support of Chapter 11 Petitions and First Day Motions) Filed By Akoustis Technologies, Inc. (McGuire, Matthew) (Entered: 12/16/2024)
Dec 16 3 Motion for Joint Administration (Debtors' Motion for an Order, Pursuant to Bankruptcy Rule 1015 and Local Rule 1015-1, Authorizing the Joint Administration of the Debtors' Chapter 11 Cases) Filed By Akoustis Technologies, Inc. (Attachments: # 1 Exhibit A)(Pierce, Matthew) (Entered: 12/16/2024)
Dec 16 4 Application to Appoint Claims/Noticing Agent STRETTO Filed By Akoustis Technologies, Inc. (Attachments: # 1 Exhibit A # 2 Exhibit B)(Brooks, Joshua) (Entered: 12/16/2024)
Dec 16 5 Motion to Approve (Motion of the Debtors for Entry of an Order (I) Modifying Certain Procedural Requirements Relating to the Form, Maintenance, and Filing of Certain Creditor Lists; (II) Approving the Form, Manner, and Proposed Service of the Notice of the Commencement of the Debtors Chapter 11 Cases; (III) Approving the Redaction of Certain Personally Identifiable Information for Individual Creditors and Interest Holders; and (IV) Granting Other Administrative Relief) Filed by Akoustis Technologies, Inc.. (Attachments: # 1 Exhibit A) (Pierce, Matthew) (Entered: 12/16/2024)
Dec 16 6 Motion to Pay Sales and Use Taxes (Debtors' Motion for Interim and Final Orders, Pursuant to Section 105(a), 363(b), 507(a)(8), 541, 1107(a), and 1108 of the Bankruptcy Code, (I) Authorizing the Debtors to Pay Certain Prepetition Taxes and Fees and Related Obligations and (II) Authorizing Banks to Honor and Process Check and Electronic Transfer Requests Related Thereto) Filed By Akoustis Technologies, Inc. (Attachments: # 1 Exhibit A # 2 Exhibit B)(Pierce, Matthew) (Entered: 12/16/2024)
Dec 16 7 Motion Prohibiting Utilities from Discontinuing Service (Debtors' Motion for Interim and Final Orders, Pursuant to Sections 105(a) and 366 of the Bankruptcy Code, (I) Prohibiting Utility Companies from Altering, Refusing, or Discontinuing Utility Services, (II) Deeming Utility Companies Adequately Assured of Future Payment, (III) Establishing Procedures for Determining Additional Adequate Assurance of Payment, and (IV) Granting Related Relief) Filed By Akoustis Technologies, Inc. (Attachments: # 1 Exhibit A # 2 Exhibit B # 3 Exhibit C)(Pierce, Matthew) (Entered: 12/16/2024)
Dec 16 8 Motion to Authorize (Debtors' Motion for Interim and Final Orders, Pursuant to Sections 105(a) and 363 of the Bankruptcy Code, Authorizing (I) the Debtors to (A) Continue Prepetition Insurance Policies and (B) Pay All Prepetition Obligations in Respect Thereof, and (II) Banks to Honor and Process Related Checks and Transfers) Filed by Akoustis Technologies, Inc.. (Attachments: # 1 Exhibit A # 2 Exhibit B # 3 Exhibit C) (Pierce, Matthew) (Entered: 12/16/2024)
Dec 16 9 Motion to Pay Employee Wages (Debtors' Motion for Entry of Interim and Final Orders (I) Authorizing the Debtors to (A) Pay Prepetition Employee Wages, Salaries, and Other Compensation and (B) Continue Employee Benefits Obligations and Pay Related Administrative Obligations; (II) Authorizing the Debtors to Pay and/or Honor Any Workers' Compensation Obligations and Waiving the Automatic Stay as it Applies to Workers' Compensation Claims; (III) Authorizing Banks to Honor and Process Check and Electronic Transfer Requests Related Thereto; and (IV) Granting Related Relief) Filed By Akoustis Technologies, Inc. (Attachments: # 1 Exhibit A # 2 Exhibit B)(Pierce, Matthew) (Entered: 12/16/2024)
Dec 16 10 Motion to Pay Critical Trade Vendor Claims (Debtors' Motion for Entry of Interim and Final Orders, Pursuant to Sections 105(a), 363(b), 503(b), 1107(a), and 1108 of the Bankruptcy Code, (I) Authorizing the Debtors to Pay Certain Prepetition Claims of (A) Critical Vendors, and (B) Lienholders; (II) Authorizing Banks to Honor and Process Check and Electronic Transfer Requests Related Thereto; and (III) Granting Certain Related Relief) Filed By Akoustis Technologies, Inc. (Attachments: # 1 Exhibit A # 2 Exhibit B # 3 Exhibit C)(Pierce, Matthew) (Entered: 12/16/2024)
Dec 16 11 Motion to Approve (Debtors' Motion for Interim and Final Orders, Pursuant to Sections 105(a), 362(a)(3) and 541 of the Bankruptcy Code and Bankruptcy Rule 3001, Establishing (A) A Record Date for Notice and Sell-Down Procedures and (B) Notice and Hearing Procedures for Trading in, or Certain Claims of Worthlessness with Respect to, Equity Securities in Debtor Akoustis Technologies, Inc.) Filed by Akoustis Technologies, Inc.. (Attachments: # 1 Exhibit A # 2 Exhibit A-1 -- A-8 # 3 Exhibit B) (Pierce, Matthew) (Entered: 12/16/2024)
Dec 16 12 Motion to Authorize (Debtors' Motion for Interim and Final Orders Authorizing: (A) Continued Use of Cash Management System; (B) Maintenance of Existing Bank Accounts; (C) Continued Use of Existing Business Forms; (D) Continued Performance of Intercompany Transactions in the Ordinary Course of Business and Grant of Administrative Expense Status for Postpetition Intercompany Claims; and (E) Interim Suspension of Section 345(b) Deposit and Investment Requirements) Filed by Akoustis Technologies, Inc.. (Attachments: # 1 Exhibit A # 2 Exhibit B # 3 Exhibit C) (Pierce, Matthew) (Entered: 12/16/2024)

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Case Information

Court
Delaware Bankruptcy Court
Case number
1:2024bk12796
Assets
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Liabilities
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Judge
Chapter
11
Filed
Dec 16, 2024
Type
voluntary
Updated
Dec 22, 2024
Last checked
Dec 16, 2024

Associated Cases

    No creditors on this case yet.

    Parties

    Debtor

    Akoustis Technologies, Inc.
    9805 Northcross Center Court
    Suite A
    Huntersville, NC 28078
    MECKLENBURG-NC
    Tax ID / EIN: xx-xxx9046

    Represented By

    Joshua Brooks
    Landis Rath & Cobb LLP
    919 Market Street
    PO Box 2087
    Wilmington, DE 19899
    302-467-4414
    Email: brooks@lrclaw.com
    Matthew B. McGuire
    Landis Rath & Cobb LLP
    P.O. Box 2087
    919 Market Street, Suite 1800
    Wilmington, DE 19899
    302-467-4400
    Fax : 302-467-4450
    Email: mcguire@lrclaw.com
    Matthew R Pierce
    Landis Rath & Cobb LLP
    P.O. Box 2087
    919 Market Street, Suite 1800
    Wilmington, DE 19899
    302-467-4400 x452
    Fax : 302-467-4450
    Email: Pierce@lrclaw.com

    Joint Debtor

    Akoustis Technologies, Inc.
    9805 Northcross Center Court
    Suite A
    Huntersville, NC 28078
    MECKLENBURG-NC
    Tax ID / EIN: xx-xxx9046

    Represented By

    Matthew B. McGuire
    (See above for address)

    U.S. Trustee

    U.S. Trustee
    Office of the United States Trustee
    J. Caleb Boggs Federal Building
    844 King Street, Suite 2207
    Lockbox 35
    Wilmington, DE 19801
    (302)-573-6491

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