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Global Sourcing Connection, Ltd.

COURT
Illinois Northern Bankruptcy Court
CASE NUMBER
1:2023bk14996
TYPE / CHAPTER
Voluntary / 11V

Filed

11-7-23

Updated

3-31-24

Last Checked

12-1-23

Assets

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Liabilities

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Docket

Last Updated
Nov 13, 2023
Last Entry Filed
Nov 10, 2023

Docket Entries by Week of Year

Nov 7, 2023 1 Petition Chapter 11 SubchapterV Voluntary Petition for a Non-Individual Fee Amount $1738, Filed by Matthew T. Gensburg on behalf of Global Sourcing Connection, Ltd. Chapter 11 SubchapterV Plan due by 02/5/2024. (Attachments: # 1 Signature Pages) (Gensburg, Matthew) (Entered: 11/07/2023)
Nov 7, 2023 2 Receipt of Voluntary Petition (Chapter 11)( 23-14996) [misc,volp11a] (1738.00) Filing Fee. Receipt number A47144419. Fee Amount $1738.00 (Gensburg, Matthew) (re:Doc# 1) (U.S. Treasury) (Entered: 11/07/2023)
Nov 7, 2023 3 Application to Set Hearing on Emergency Motion Filed by E. Philip Groben III on behalf of Global Sourcing Connection, Ltd.. (Attachments: # 1 Motion to Authorize Use of Cash Collateral # 2 Motion to Pay Prepetition Employee Wages # 3 Motion to Use Existing Deposit Accounts # 4 Motion to Maintain Existing Insurance Policies # 5 Declaration of Jennifer Arenson in Support of Chapter 11 Petitions and First Day Relief) (Groben, E. Philip) (Entered: 11/07/2023)
Nov 8, 2023 4 Notice of Appointment of Matthew Brash as Subchapter V Trustee Filed by U.S. Trustee Patrick S Layng. (Brief, Adam) (Entered: 11/08/2023)
Nov 8, 2023 5 Notice of Chapter 11 Bankruptcy Case . 341(a) meeting to be held on 12/14/2023 at 01:30 PM at Appear by Telephone 341s only. Last day to object to dischargeability is 2/12/2024. (Gutierrez, Evelyn) (Entered: 11/08/2023)
Nov 8, 2023 6 Order Setting Subchapter V Status Conference and Deadline(s) (RE: 1 Voluntary Petition (Chapter 11)). Status conference to be held on 1/3/2024 at 09:30 AM at Appear In Courtroom 744, 219 S. Dearborn St, Chicago, IL 60604 or Using Zoom- Judge Barnes. Status Report due by 12/7/2023. Chapter 11 SubchapterV Plan due by 2/5/2024. Proofs of Claims due by 1/16/2024. Signed on 11/8/2023 (Johnson, Carly) (Entered: 11/08/2023)
Nov 8, 2023 7 Order Granting Application to Set Hearing on Emergency Motion (Related Doc # 3). Signed on 11/8/2023. (Bowles, Aaron) (Entered: 11/08/2023)
Nov 8, 2023 8 Notice of Motion and Emergency Motion to Use Cash Collateral thru: February 15, 2024 Filed by E. Philip Groben III on behalf of Global Sourcing Connection, Ltd.. Hearing scheduled for 11/9/2023 at 02:00 PM at Appear In Courtroom 744, 219 S. Dearborn St, Chicago, IL 60604 or Using Zoom- Judge Barnes. (Groben, E. Philip) (Entered: 11/08/2023)
Nov 8, 2023 9 Notice of Motion and Emergency Motion to Authorize the Debtor to Pay Prepetition Employee Obligations Filed by E. Philip Groben III on behalf of Global Sourcing Connection, Ltd.. Hearing scheduled for 11/9/2023 at 02:00 PM at Appear In Courtroom 744, 219 S. Dearborn St, Chicago, IL 60604 or Using Zoom- Judge Barnes. (Attachments: # 1 Proposed Order) (Groben, E. Philip) (Entered: 11/08/2023)
Nov 8, 2023 10 Notice of Motion and Emergency Motion to Authorize the Debtor to Maintain Existing Deposit Accounts Filed by E. Philip Groben III on behalf of Global Sourcing Connection, Ltd.. Hearing scheduled for 11/9/2023 at 02:00 PM at Appear In Courtroom 744, 219 S. Dearborn St, Chicago, IL 60604 or Using Zoom- Judge Barnes. (Attachments: # 1 Proposed Order) (Groben, E. Philip) (Entered: 11/08/2023)
Show 2 more entries
Nov 9, 2023 13 CORRECTIVE ENTRY: PDF Error, Filer to Refile as Amended (RE: 12 Declaration). (Gomez, Denise) (Entered: 11/09/2023)
Nov 9, 2023 14 Appearance Filed by Matthew L. Hendricksen on behalf of BANK OF AMERICA, NA. (Hendricksen, Matthew) (Entered: 11/09/2023)
Nov 9, 2023 15 Proposed Order - Motion to Use Cash Collateral Filed by E. Philip Groben III on behalf of Global Sourcing Connection, Ltd. (RE: 8 Motion to Use Cash Collateral). (Groben, E. Philip) (Entered: 11/09/2023)
Nov 9, 2023 16 Proposed Order - Motion to Pay Prepetition Employee Obligations Filed by E. Philip Groben III on behalf of Global Sourcing Connection, Ltd. (RE: 9 Motion to Authorize). (Groben, E. Philip) (Entered: 11/09/2023)
Nov 9, 2023 17 Proposed Order - Motion to Maintain Existing Deposit Accounts Filed by E. Philip Groben III on behalf of Global Sourcing Connection, Ltd. (RE: 10 Motion to Authorize). (Groben, E. Philip) (Entered: 11/09/2023)
Nov 9, 2023 18 Proposed Order - Motion to Maintain Existing Insurance Policies Filed by E. Philip Groben III on behalf of Global Sourcing Connection, Ltd. (RE: 11 Motion to Authorize). (Groben, E. Philip) (Entered: 11/09/2023)
Nov 9, 2023 19 Draft Order (RE: 8 Motion to Use Cash Collateral). due by 11/30/2023. (McClendon, Annette) (Entered: 11/09/2023)
Nov 9, 2023 20 (E)Hearing Continued (RE: 8 Cash Collateral (Use)). hearing scheduled for 11/29/2023 at 11:00 AM at Appear in Courtroom 744, 219 S. Dearborn St, Chicago, IL 60604, or Using Zoom - Judge Barnes.. Signed on 11/09/2023. (McClendon, Annette) (Entered: 11/09/2023)
Nov 9, 2023 21 Interim Order Granting Motion Authorizing the Maintenance of Bank Accounts and Continued Use of Existing Business Forms and Checks, Authorizing the Continued Use of the Existing Cash Management System, Excusing Certain Investment and Deposit Guidelines (Related Doc # 10). Signed on 11/9/2023. (Cox, Adam) (Entered: 11/09/2023)
Nov 9, 2023 22 Interim Order Authorizing Debtor's Use of Cash Collateral and Granting Adequate Protection and Related Relief (Related Doc # 8). Final hearing scheduled for 11/29/2023 at 11:00 AM at Appear In Courtroom 744, 219 S. Dearborn St, Chicago, IL 60604 or Using Zoom- Judge Barnes. Signed on 11/9/2023. (Cox, Adam) (Entered: 11/09/2023)

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Case Information

Court
Illinois Northern Bankruptcy Court
Case number
1:2023bk14996
Assets
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Liabilities
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Judge
Timothy A. Barnes
Chapter
11V
Filed
Nov 7, 2023
Type
voluntary
Updated
Mar 31, 2024
Last checked
Dec 1, 2023

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    Parties

    Debtor

    1
    Global Sourcing Connection, Ltd.
    23442 N. Wildwood Lane
    Deerfield, IL 60015
    LAKE-IL
    Tax ID / EIN: xx-xxx0410

    Represented By

    Matthew T. Gensburg
    Gensburg Calandriello & Kanter, P.C.
    200 W Adams St., Ste. 2425
    Chicago, IL 60606
    (312) 263-2200
    Email: MGensburg@gcklegal.com
    E. Philip Groben, III
    Gensburg Calandriello & Kanter, P.C.
    200 West Adams St., Ste 2425
    Chicago, IL 60606
    (312) 263-2200
    Fax : (312) 263-2242
    Email: pgroben@gcklegal.com

    Trustee

    Matthew Brash
    Newpoint Advisors Corporation
    5600 N. River Road
    Suite 800
    Rosemont, IL 60018
    800-306-1250

    U.S. Trustee

    Patrick S Layng
    Office of the U.S. Trustee, Region 11
    219 S Dearborn St
    Room 873
    Chicago, IL 60604
    312-886-5785

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