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LYM Development, LLC

COURT
Pennsylvania Eastern Bankruptcy Court
CASE NUMBER
2:2023bk11435
TYPE / CHAPTER
Voluntary / 11V

Filed

5-17-23

Updated

11-3-24

Last Checked

6-12-23

Assets

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Liabilities

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Docket

Last Updated
May 22, 2023
Last Entry Filed
May 22, 2023

Docket Entries by Month

May 17, 2023 1 Petition Chapter 11 Subchapter V Voluntary Petition for Non-individual. Fee Amount $1738 Filed by LYM Development, LLC. Chapter 11 Plan Small Business Subchapter V due by 08/15/2023. Government Proof of Claim Deadline: 11/13/2023. (MILLER, HOLLY) (Entered: 05/17/2023)
May 17, 2023 2 Declaration re: Debtor's Statement About Documents Required by 11 U.S.C. Section 1116 Filed by HOLLY SMITH MILLER on behalf of LYM Development, LLC. (MILLER, HOLLY) (Entered: 05/17/2023)
May 17, 2023 Receipt of Voluntary Petition (Chapter 11)( 23-11435) [misc,volp11a] (1738.00) Filing Fee. Receipt number A24920942. Fee Amount $1738.00. (re: Doc# 1) (U.S. Treasury) (Entered: 05/17/2023)
May 17, 2023 3 Motion Regarding Chapter 11 First Day Motions Debtor's Motion For Interim And Final Orders: (A) Authorizing Debtor To Use Cash Collateral Pursuant To 11 U.S.C. §§ 105 And 363(C)(2); (B) Granting Adequate Protection Pursuant To 11 U.S.C. § 361; (C) Modifying The Automatic Stay Pursuant To 11 U.S.C. § 362; And (D) Scheduling A Final Hearing Pursuant To Bankruptcy Rule 4001 Filed by LYM Development, LLC Represented by MICHAEL A. CATALDO (Counsel). (Attachments: # 1 Proposed Order) (CATALDO, MICHAEL) (Entered: 05/17/2023)
May 17, 2023 4 Motion Regarding Chapter 11 First Day Motions Motion Of Debtor For Entry Of Interim And Final Orders Pursuant To 11 U.S.C. §§ 105, 361, 362, 363(C), 364(B) And 507 Authorizing Debtor To (A) Obtain Post-Petition Unsecured Financing From Michaela Hayes; (B) Modifying The Automatic Stay; (C) Scheduling A Final Hearing And (D) Granting Certain Related Relief Filed by LYM Development, LLC Represented by MICHAEL A. CATALDO (Counsel). (Attachments: # 1 Proposed Order) (CATALDO, MICHAEL) (Entered: 05/17/2023)
May 17, 2023 5 Motion to Expedite Hearing (related documents Motion Re: Chapter 11 First Day Motions, Motion Re: Chapter 11 First Day Motions) Filed by LYM Development, LLC Represented by MICHAEL A. CATALDO (Counsel) (related document(s)3, 4). (Attachments: # 1 Proposed Order) (CATALDO, MICHAEL) (Entered: 05/17/2023)
May 17, 2023 6 ENTRY OF APPEARANCE AND REQUEST FOR NOTICES, pursuant to Federal Bankruptcy Rules 2002 and 9010, DAVE P. ADAMS hereby appears in this matter on behalf of the United States trustee for Region 3, and demands that all notices, motions, etc., given or required to be given in this case, and that all papers, etc., served in this case, be given to and served upon me at the address listed on this case party list. Filed by DAVE P. ADAMS on behalf of United States Trustee. (ADAMS, DAVE) (Entered: 05/17/2023)
May 17, 2023 7 Application to Employ Gellert Scali Busenkell & Brown, LLC as Counsel to the Debtor Filed by LYM Development, LLC Represented by HOLLY SMITH MILLER (Counsel). (Attachments: # 1 Exhibit A # 2 Proposed Order # 3 Notice of Application # 4 Certificate of Service) (MILLER, HOLLY) (Entered: 05/17/2023)
May 17, 2023 8 Order Scheduling Expedited Hearing: It is hereby Ordered that the Motion is GRANTED as set forth herein. A hearing will be held on the First Day Matters on May 24, 2023 at 9:30 AM (prevailing Eastern time) before the Honorable Patricia M. Mayer, United States Bankruptcy Judge, presiding at the Robert N.C. Nix, Sr. Federal Courthouse, 900 Market Street, Philadelphia, PA 19107, courtroom 1. (Related Doc # 5), (3 Motion Re: Chapter 11 First Day Motions, 4 Motion Re: Chapter 11 First Day Motions). (S., Antoinette) (Entered: 05/17/2023)
May 17, 2023 9 Hearing Set (for calendar purposes) 3 Debtor's Motion For Interim And Final Orders: (A) Authorizing Debtor To Use Cash Collateral Pursuant To 11 U.S.C. §§ 105 And 363(C)(2); (B) Granting Adequate Protection Pursuant To 11 U.S.C. § 361; (C) Modifying The Automatic Stay Pursuant To 11 U.S.C. § 362; And (D) Scheduling A Final Hearing Pursuant To Bankruptcy Rule 4001 Filed by LYM Development, LLC Represented by MICHAEL A. CATALDO (Counsel) and 4 Motion Of Debtor For Entry Of Interim And Final Orders Pursuant To 11 U.S.C. §§ 105, 361, 362, 363(C), 364(B) And 507 Authorizing Debtor To (A) Obtain Post-Petition Unsecured Financing From Michaela Hayes; (B) Modifying The Automatic Stay; (C) Scheduling A Final Hearing And (D) Granting Certain Related Relief Filed by LYM Development, LLC Represented by MICHAEL A. CATALDO (Counsel). Hearing scheduled 5/24/2023 at 09:30 AM at Courtroom #1. (B., Pamela) (Entered: 05/17/2023)
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May 18, 2023 16 Statement of Corporate Ownership filed. Filed by HOLLY SMITH MILLER on behalf of LYM Development, LLC . (J., Randi) (Entered: 05/18/2023)
May 18, 2023 17 Order Entered the debtor having failed to file or submit with the petition all of the documents required by Fed. R. Bankr.P.1007, It is hereby ORDERED that this case MAY BE DISMISSED WITHOUT FURTHER NOTICE if the documents listed are not filed by deadlines listed: Small Business Tax Return or a Statement Pursuant to 11:1116(B) that no such document has been prepared is due 5/31/2023. Small Business Balance Sheet or a Statement Pursuant to 11:1116(B) that no such document has been prepared is due 5/31/2023. Any request for an extension of time must be filed prior to the expiration of the deadlines listed. (J., Randi) (Entered: 05/18/2023)
May 18, 2023 18 **CORRECT** Motion for Interim and Final Orders: (A) Authorizing Debtor to Use Cash Collateral pursuant to 11 U.S.C. 105 and 363(c)(2); (B) Granting Adequate Protection pursuant to 11 U.S.C. 361; (C) Modifying the Automatic Stay pursuant to 11 U.S.C. 362; and (D) scheduling a final hearing pursuant to Bankruptcy Rule 4001 Filed by LYM Development, LLC Represented by MICHAEL A. CATALDO (Counsel). (Attachments: # 1 Proposed Order) (J., Randi) (Entered: 05/18/2023)
May 18, 2023 19 Notice of Fee Due $188 Re: Motion for Automatic Stay Re: Chapter 11 First Day Motions filed by Debtor LYM Development, LLC (related document(s)3). Fee due by 5/25/2023. (J., Randi) (Entered: 05/18/2023)
May 18, 2023 Receipt of Motion to Modify Automatic Stay( 23-11435-pmm) ( 188.00) Filing Fee. Receipt number A24924271. Fee Amount $ 188.00. (re: Doc# 3) (U.S. Treasury) (Entered: 05/18/2023)
May 18, 2023 20 Small Business Balance Sheet Filed by MICHAEL A. CATALDO on behalf of LYM Development, LLC. (Attachments: # 1 Exhibit 1) (CATALDO, MICHAEL) (Entered: 05/18/2023)
May 18, 2023 21 Notice of Appearance and Request for Notice by Michael Joseph Palumbo Filed by Michael Joseph Palumbo on behalf of FTF Lending, LLC. (Palumbo, Michael) (Entered: 05/18/2023)
May 18, 2023 22 Notice of Appointment of Subchapter V Trustee LEONA MOGAVERO, ESQ.. The trustees acceptance and verified statement shall be filed within 7 days of this notice. Filed by United States Trustee. (Attachments: # 1 Exhibit Verified Statement)(ADAMS, DAVE) (Entered: 05/18/2023)
May 18, 2023 23 Certificate of Service Regarding Service of (1) Debtors Motion for Interim And Final Orders: (A) Authorizing Debtor To Use Cash Collateral Pursuant To 11 U.S.C. §§ 105 And 363(C)(2); (B) Granting Adequate Protection Pursuant To 11 U.S.C. § 361; (C) Modifying The Automatic Stay Pursuant To 11 U.S.C. § 362; And (D) Scheduling A Final Hearing Pursuant To Bankruptcy Rule 4001, (2) Motion Of Debtor for Entry Of Interim And Final Orders Pursuant To 11 U.S.C. §§ 105, 361, 362, 363(C), 364(B) And 507 Authorizing Debtor To (A) Obtain Post-Petition Unsecured Financing From Michaela Hayes; (B) Modifying The Automatic Stay; (C) Scheduling A Final Hearing And (D) Granting Certain Related Relief and (3) Order Scheduling Expedited Hearing Filed by HOLLY SMITH MILLER on behalf of LYM Development, LLC (related document(s)8, 3, 4). (MILLER, HOLLY). Related document(s) 18 Motion for Adequate Protection filed by Debtor LYM Development, LLC, 24 Motion filed by Debtor LYM Development, LLC. (Entered: 05/18/2023)
May 18, 2023 24 **CORRECT** Motion of Debtor for Entry of Interim and Final Orders pursuant to 11 U.S.C. 105,361,362,363(C),364(B) and 507 authorizing Debtor to (A) Obtain Post-Petition Unsecured Financing from Michaela Hayes; (B) Modifying the Automatic Stay; (C) Scheduling a Final Hearing; and (D) Granting Certain Related Relief Receipt Number 000, Fee Amount $188.00, Filed by LYM Development, LLC Represented by MICHAEL A. CATALDO (Counsel). (Attachments: # 1 Proposed Order) (J., Randi) (Entered: 05/18/2023)

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Case Information

Court
Pennsylvania Eastern Bankruptcy Court
Case number
2:2023bk11435
Assets
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Liabilities
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Judge
Patricia M. Mayer
Chapter
11V
Filed
May 17, 2023
Type
voluntary
Updated
Nov 3, 2024
Last checked
Jun 12, 2023

Associated Cases

    Creditors

    Subscribe now or purchase this single case to see the full creditors list.
    3PCG Inc.
    American Express
    American Express National Bank
    American Express National Bank, AENB
    American Heritage Lending LLC
    Andrew L Miller, Esquire
    Angelina Lee
    BlueVine Capital
    BSI Financial Services
    City of Phila/School District of Phila
    City of Philadelphia
    City of Philadelphia Law Department
    Corporate Services Company
    Custom Capital USA
    Daniel S Bernheim III, Esquire
    There are 26 more creditors. Subscribe now or purchase this single case to see the full creditors list.

    Parties

    Debtor

    LYM Development, LLC
    200 Davistown Rd.
    Blackwood, NJ 08012
    CAMDEN-NJ
    Tax ID / EIN: xx-xxx0893

    Represented By

    MICHAEL A. CATALDO
    Gellert, Scali, Busenkell & Brown LLC
    1628 JFK Blvd
    Suite 1901
    Philadelphia, PA 19102
    215-238-0015
    Fax : 215-238-0016
    Email: mcataldo@gsbblaw.com
    HOLLY SMITH MILLER
    Gellert Scali Busenkell & Brown, LLC
    8 Penn Center
    1628 John F. Kennedy Boulevard
    Suite 1901
    Philadelphia, PA 19103
    215-238-0012
    Fax : 215-238-0016
    Email: hsmiller@gsbblaw.com

    Trustee

    LEONA MOGAVERO, ESQ.
    Friedman Schuman, P.C.
    275 Commerce Drive
    Suite 210
    Fort Washington, PA 19034
    215-690-3826

    U.S. Trustee

    United States Trustee
    Office of United States Trustee
    Robert N.C. Nix Federal Building
    900 Market Street
    Suite 320
    Philadelphia, PA 19107
    (215)597-4411

    Represented By

    DAVE P. ADAMS
    DOJ-Ust
    Robert N.C. Nix, Sr. Federal Building
    900 Market Street
    Philadelphia, PA 19107
    215-597-4411
    Email: dave.p.adams@usdoj.gov

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