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Formation Holdings, LLC

COURT
Texas Northern Bankruptcy Court
CASE NUMBER
4:2024bk41329
TYPE / CHAPTER
Voluntary / 11V

Filed

4-16-24

Updated

4-17-24

Last Checked

5-1-24

Assets

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Liabilities

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Docket

Last Updated
May 1, 2024
Last Entry Filed
Apr 25, 2024

Docket Entries by Day

There are 11 older docket entries.

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Apr 17 11 Request for expedited consideration of first day matter. Re: to avoid immediate and irreparable harm filed by Debtor Formation Holdings, LLC (RE: related document(s)5 Motion to maintain bank accounts. , 6 Motion regarding pre-petition claims Employee wages. , 7 Motion regarding utilities. , 8 Motion for approval of form notice. (Motion for Shortened Service List), 9 Motion to extend time to file schedules or new case deficiencies, excluding matrix, 10 Motion to use cash collateral ). (Attachments: # 1 Proposed Order # 2 Service List) (Assink, Bryan)
Apr 18 12 Notice of Appearance and Request for Notice by Jamie Kirk filed by Creditor Texas Comptroller of Public Accounts, Revenue Accounting Division. (Kirk, Jamie)
Apr 18 13 NOTICE OF APPROVAL OF MOTION FOR EXPEDITED HEARING. The motion for expedited hearing has been GRANTED by the court to be heard April 19, 2024 at 10:00 a.m. Counsel for movant shall promptly file and serve a notice of hearing in ECF. (RE: related document(s)5 Motion to maintain bank accounts. Filed by Debtor Formation Holdings, LLC (Attachments: # 1 Proposed Order # 2 Service List), 6 Motion regarding pre-petition claims Employee wages. Filed by Debtor Formation Holdings, LLC (Attachments: # 1 Proposed Order # 2 Exhibit 1 # 3 Service List), 7 Motion regarding utilities. Filed by Debtor Formation Holdings, LLC (Attachments: # 1 Exhibit A - Proposed Order # 2 Exhibit B # 3 Service List), 8 Motion for approval of form notice. (Motion for Shortened Service List) Filed by Debtor Formation Holdings, LLC (Attachments: # 1 Proposed Order # 2 Service List), 9 Motion to extend time to file schedules or new case deficiencies, excluding matrix Filed by Debtor Formation Holdings, LLC (Attachments: # 1 Proposed Order # 2 Service List), 10 Motion to use cash collateral Filed by Debtor Formation Holdings, LLC (Attachments: # 1 Exhibit A - Proposed Interim Order # 2 Exhibit B - Proposed Budget # 3 Service List)) (Rueter, Karyn)
Apr 18 14 Motion to borrow/incur debt debtor in possession financing(Debtor's Emergency Motion for Interim and Final Orders Approving Postpetition Financing) Filed by Debtor Formation Holdings, LLC (Attachments: # 1 Exhibit A - Note # 2 Exhibit B - Credit Agreement # 3 Proposed Interim DIP Order # 4 Service List) (Assink, Bryan)
Apr 18 15 Motion for expedited hearing(related documents 14 Motion to borrow/incur debt) Filed by Debtor Formation Holdings, LLC (Attachments: # 1 Proposed Order # 2 Service List) (Assink, Bryan)
Apr 18 NOTICE OF APPROVAL OF MOTION FOR EXPEDITED HEARING. The motion for expedited hearing has been GRANTED by the court to be heard April 19, 2024 at 10:00 a.m. Counsel for movant shall promptly file and serve a notice of hearing in ECF. (RE: related document(s)15 Motion for expedited hearing(related documents 14 Motion to borrow/incur debt) Filed by Debtor Formation Holdings, LLC (Attachments: # 1 Proposed Order # 2 Service List)) (Rueter, Karyn)
Apr 18 16 Notice of hearing filed by Debtor Formation Holdings, LLC (RE: related document(s)5 Motion to maintain bank accounts. Filed by Debtor Formation Holdings, LLC (Attachments: # 1 Proposed Order # 2 Service List), 6 Motion regarding pre-petition claims Employee wages. Filed by Debtor Formation Holdings, LLC (Attachments: # 1 Proposed Order # 2 Exhibit 1 # 3 Service List), 7 Motion regarding utilities. Filed by Debtor Formation Holdings, LLC (Attachments: # 1 Exhibit A - Proposed Order # 2 Exhibit B # 3 Service List), 8 Motion for approval of form notice. (Motion for Shortened Service List) Filed by Debtor Formation Holdings, LLC (Attachments: # 1 Proposed Order # 2 Service List), 9 Motion to extend time to file schedules or new case deficiencies, excluding matrix Filed by Debtor Formation Holdings, LLC (Attachments: # 1 Proposed Order # 2 Service List), 10 Motion to use cash collateral Filed by Debtor Formation Holdings, LLC (Attachments: # 1 Exhibit A - Proposed Interim Order # 2 Exhibit B - Proposed Budget # 3 Service List), 14 Motion to borrow/incur debt debtor in possession financing(Debtor's Emergency Motion for Interim and Final Orders Approving Postpetition Financing) Filed by Debtor Formation Holdings, LLC (Attachments: # 1 Exhibit A - Note # 2 Exhibit B - Credit Agreement # 3 Proposed Interim DIP Order # 4 Service List)). Hearing to be held on 4/19/2024 at 10:00 AM Ft. Worth, Judge Morris Ctrm. for 9 and for 8 and for 5 and for 7 and for 10 and for 14 and for 6, (Attachments: # 1 Service List) (Assink, Bryan)
Apr 18 17 Meeting of creditors 341(a) meeting to be held on 5/31/2024 at 09:30 AM by TELEPHONE. Proofs of Claims due by 6/25/2024. Government Proof of Claim due by 10/15/2024. (Nixon, Sandra)
Apr 18 18 Notice of Appointment of Subchapter V Trustee . Behrooz P. Vida -SBRA V added to the case. (Schmidt, Erin)
Apr 18 19 Notice of Filing of Revised Cash Collateral Budget filed by Debtor Formation Holdings, LLC (RE: related document(s)10 Motion to use cash collateral Filed by Debtor Formation Holdings, LLC (Attachments: # 1 Exhibit A - Proposed Interim Order # 2 Exhibit B - Proposed Budget # 3 Service List)). (Assink, Bryan)
Show 10 more entries
Apr 19 30 Hearing held on 4/19/2024. (RE: 9 Motion to extend time to file schedules or new case deficiencies, excluding matrix Filed by Debtor Formation Holdings, LLC)) ***GRANTED*** (Warren, Shelley)
Apr 19 31 Hearing held and continued to Final (RE: 10 Motion to use cash collateral filed by Debtor Formation Holdings, LLC ) ***GRANTED ON INTERIM BASIS WITH MODIFICATIONS AS STATED ON THE RECORD*** Final hearing to be held on 5/17/2024 at 09:30 AM Ft. Worth, Judge Morris Ctrm. for 10, (Warren, Shelley)
Apr 19 32 Hearing held and continued to Final (RE: 14 Debtor's Emergency Motion for Interim and Final Orders Approving Postpetition Financing filed by Debtor Formation Holdings, LLC ) ***GRANTED ON INTERIM BASIS WITH MODIFICATIONS AS STATED ON THE RECORD*** Final hearing to be held on 5/17/2024 at 09:30 AM Ft. Worth, Judge Morris Ctrm. for 14, (Warren, Shelley)
Apr 19 33 Notice of Appearance and Request for Notice by Mark Joseph Petrocchi filed by Creditor Skyward Forge, LP. (Petrocchi, Mark)
Apr 19 34 Order granting 9 Motion to extend time. (Re: related document(s) 3 Notice of deficiency) Schedule A/B due 5/14/2024 for 3, Schedule D due 5/14/2024 for 3, Schedule E/F due 5/14/2024 for 3, Schedule G due 5/14/2024 for 3, Schedule H due 5/14/2024 for 3, Statement of Financial Affairs due 5/14/2024 for 3, Summary of Assets and Liabilities and Certain Statistical Information due 5/14/2024 for 3, Declaration Under Penalty of Perjury for Non-individual Debtors due 5/14/2024 for 3, Declaration for electronic filing due 5/14/2024 for 3, Entered on 4/19/2024. (Chambers, Deanna)
Apr 19 35 Order Interimly granting Motion Authorizing Maintenance of Existing Bank Accounts, and Continuance of Cash Management System (RE: related document(s)5 First Day Motion filed by Debtor Formation Holdings, LLC). Hearing to be held on 5/17/2024 at 09:30 AM Ft. Worth, Judge Morris Ctrm. for 5, Entered on 4/19/2024 (Chambers, Deanna)
Apr 19 36 Order granting Motion to Pay, and Requiring Debtors Bank to Honor, Prepetition Employee Payroll Checks, Wages, andCompensation Within the Cap of Sections 507(a)(4) and (5) [ (related document # 6) Entered on 4/19/2024. (Chambers, Deanna)
Apr 19 37 Order Interimly Granting Motion Regarding Utilities (RE: related document(s)7 First Day Motion filed by Debtor Formation Holdings, LLC). Final Hearing to be held on 5/17/2024 at 09:30 AM Ft. Worth, Judge Morris Ctrm. for 7, Entered on 4/19/2024 (Chambers, Deanna)
Apr 19 38 Order granting Motion for Shortened Service List (related document # 8) Entered on 4/19/2024. (Chambers, Deanna)
Apr 19 39 BNC certificate of mailing. (RE: related document(s)3 Notice of deficiency. Schedule A/B due 4/30/2024. Schedule D due 4/30/2024. Schedule E/F due 4/30/2024. Schedule G due 4/30/2024. Schedule H due 4/30/2024. Declaration Under Penalty of Perjury for Non-individual Debtors due 4/30/2024. Summary of Assets and Liabilities and Certain Statistical Information due 4/30/2024. Declaration for electronic filing due within 7 days from the date of the petition. Statement of Financial Affairs due 4/30/2024.) No. of Notices: 1. Notice Date 04/19/2024. (Admin.)

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Case Information

Court
Texas Northern Bankruptcy Court
Case number
4:2024bk41329
Assets
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Liabilities
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Judge
Edward L. Morris
Chapter
11V
Filed
Apr 16, 2024
Type
voluntary
Updated
Apr 17, 2024
Last checked
May 1, 2024

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    Parties

    Debtor

    Formation Holdings, LLC
    P.O. Box 11186
    Fort Worth, TX 76110
    TARRANT-TX
    Tax ID / EIN: xx-xxx6907
    dba Worth Steel Fabrication

    Represented By

    Bryan C. Assink
    Bonds Ellis Eppich Schafer Jones LLP
    420 Throckmorton St., Suite 1000
    Fort Worth, TX 76102
    (817) 405-6900
    Fax : (817) 405-6902
    Email: bryan.assink@bondsellis.com

    Trustee

    Behrooz P. Vida -SBRA V
    3000 Central Dr.
    Bedford, TX 76021
    817-358-9977

    U.S. Trustee

    United States Trustee
    1100 Commerce Street
    Room 976
    Dallas, TX 75202
    214-767-8967

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