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Oyotoyo, Inc.

COURT
Massachusetts Bankruptcy Court
CASE NUMBER
4:17-bk-41261
TYPE / CHAPTER
Voluntary / 11

Filed

7-11-17

Updated

9-13-23

Last Checked

8-14-17

Assets

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Liabilities

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Docket

Last Updated
Aug 14, 2017
Last Entry Filed
Aug 14, 2017

Docket Entries by Year

There are 15 older docket entries.

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Jul 25, 2017 14 Motion for Order Authorizing Debtor to Employ Counsel filed by Debtor Oyotoyo, Inc filed with Affidavit along with certificate of service. (Weinberg, Herbert) (Entered: 07/25/2017)
Jul 25, 2017 15 Endorsed Order dated 7/25/2017 Re: 13 Motion filed by Debtor Oyotoyo, Inc. to Extend Time to File Schedules and All Related Documents. GRANTED. THE DEADLINE TO FILE THE MISSING DOCUMENTS IS EXTENDED TO AUGUST 8, 2017. (cl) (Entered: 07/25/2017)
Jul 30, 2017 16 Emergency Motion filed by Debtor Oyotoyo, Inc. for Entry of Order Directing Joint Administration of Chapter 11 Cases with certificate of service. (Weinberg, Herbert) (Entered: 07/30/2017)
Jul 31, 2017 17 Order dated 7/31/2017 Re: 16 Emergency Motion filed by Debtor Oyotoyo, Inc. for Entry of Order Directing Joint Administration of Chapter 11 Cases. GRANTED. See Order for Full Text. (ag) (Entered: 07/31/2017)
Jul 31, 2017 18 Emergency Motion filed by Debtor In Possession Oyo Sportstoys, Inc. For Entry of Interim and Final Orders Pursuant to 11 U.S.C. 105, 361, 362, 363, 364 and 507 (I) Authorizing it to Obtain Postpetition Financing, (II) Authorizing the Use of Cash Collateral, (III) Granting Replacement Liens, (IV) Granting Adequate Protection, (V) Scheduling a Final Hearing and (VI) Granting Related Relief with certificate of service. (Attachments: # 1 Proposed Order Exhibit A Liquid Capital Exchange, Inc. Order # 2 Proposed Order Exhibit B Martin Hanssmann Order # 3 Exhibit C Liquid Capital Exchange, Inc. Factoring Agreement # 4 Exhibit D Amendments to Liquid Capital Agreement # 5 Exhibit E Postpetition Modification to Liquid Capital Agreement # 6 Exhibit F Martin Hanssmann Loan Agreement # 7 Exhibit G Martin Hanssmann Promissory Note # 8 Exhibit H Martin Hanssmann Security Agreement # 9 Exhibit I Budget # 10 Proposed Order Exhibit J Daryl McKay Proposed Order) (Sternklar, Jeffrey) (Entered: 07/31/2017)
Jul 31, 2017 19 Emergency Motion by Debtor and Debtor-In-Possession to Reject Unexpired Equipment Leases Retroactively as of the Petition Date filed by Debtor In Possession Oyo Sportstoys, Inc. with certificate of service. (Attachments: # 1 Exhibit A Surplus Equipment Leases to be Rejected # 2 Proposed Order Exhibit B Proposed Order) (Sternklar, Jeffrey) (Entered: 07/31/2017)
Jul 31, 2017 20 Emergency Motion by Debtor and Debtor-In-Possession to Pay Prepetition Wages, Salaries, Expenses, and Benefits filed by Debtor In Possession Oyo Sportstoys, Inc. with certificate of service and proposed order. (Attachments: # 1 Exhibit A List of Wages # 2 Proposed Order Exhibit B Proposed Order) (Sternklar, Jeffrey) (Entered: 07/31/2017)
Jul 31, 2017 21 Declaration of Thomas Skripps in Support of First Day Motions (Re: 16 Motion for Joint Administration, 18 Motion to Refinance/Incur Debt/Obtain Credit, 19 Motion to Assume/Reject, 20 Motion to Pay) filed by Debtor In Possession Oyo Sportstoys, Inc. (Sternklar, Jeffrey) (Entered: 07/31/2017)
Jul 31, 2017 22 Order dated 7/31/17 Re: 18 Emergency Motion filed by Debtor In Possession Oyo Sportstoys, Inc. For Entry of Interim and Final Orders Pursuant to 11 U.S.C. 105, 361, 362, 363, 364 and 507 (I) Authorizing it to Obtain Postpetition Financing, (II) Authorizing the Use of Cash Collateral, (III) Granting Replacement Liens, (IV) Granting Adequate Protection, (V) Scheduling a Final Hearing and (VI) Granting Related Relief. REQUEST FOR EMERGENCY DETERMINATION OF DEBTORS' MOTION TO OBTAIN POST-PETITION FINANCING AND USE OF CASH COLLATERAL [DOCKET #18], MOTION TO REJECT UNEXPIRED EQUIPMENT LEASES [DOCKET #19], AND MOTION TO PAY PREPETITION WAGES [DOCKET #20] IS ALLOWED. A HEARING ON THE MOTIONS IS SET FOR AUGUST 2, 2017 AT 12:30 P.M. IN WORCESTER. THE MOVANT SHALL PROVIDE NOTICE OF THE HEARING, VIA TELEPHONE, FACSIMILE, AND/OR EMAIL, TO ALL SECURED CREDITORS, THE TAXING AUTHORITIES, THE 20 LARGEST UNSECURED CREDITORS, ANY PARTY HAVING FILED AN APPEARANCE AND REQUEST FOR NOTICE, AND THE UNITED STATES TRUSTEE AND FILE A CERTIFICATE OF SERVICE FORTHWITH. (ag) (Entered: 07/31/2017)
Jul 31, 2017 23 Notice of Hearing re August 2, 2017 First Day Hearing with certificate of service (Re: 18 Motion to Refinance/Incur Debt/Obtain Credit, 19 Motion to Assume/Reject, 20 Motion to Pay, 22 Order To Set Hearing) filed by Debtor In Possession Oyo Sportstoys, Inc. (Sternklar, Jeffrey) (Entered: 07/31/2017)
Show 10 more entries
Aug 3, 2017 31 BNC Certificate of Mailing - PDF Document. (Re: 17 Order on Motion For Joint Administration) Notice Date 08/02/2017. (Admin.) (Entered: 08/03/2017)
Aug 4, 2017 32 Proposed Order with Exhibit (Re: 18 Motion to Refinance/Incur Debt/Obtain Credit) filed by Debtor In Possession Oyo Sportstoys, Inc. (Sternklar, Jeffrey) (Entered: 08/04/2017)
Aug 4, 2017 33 Order dated 8/4/2017 Re: 18 Emergency Motion filed by Debtor In Possession Oyo Sportstoys, Inc. For Entry of Interim and Final Orders Pursuant to 11 U.S.C. 105, 361, 362, 363, 364 and 507 (I) Authorizing it to Obtain Postpetition Financing, (II) Authorizing the Use of Cash Collateral, (III) Granting Replacement Liens, (IV) Granting Adequate Protection, (V) Scheduling a Final Hearing and (VI) Granting Related Relief. GRANTED. See Order for Full Text. (ag) (Entered: 08/04/2017)
Aug 4, 2017 34 Notice of Hearing with certificate of service (Re: 18 Motion to Refinance/Incur Debt/Obtain Credit, 33 Order on Motion to Refinance/Incur Debt) filed by Debtor In Possession Oyo Sportstoys, Inc. (Sternklar, Jeffrey) (Entered: 08/04/2017)
Aug 8, 2017 35 Order dated 8/8/2017 Regarding 18 Postpetition Financing Motion filed by Debtor In Possession Oyo Sportstoys, Inc. For Entry of Interim and Final Orders. (Daryl McKay) DENIED. See Order for Full Text. (cl) (Entered: 08/08/2017)
Aug 8, 2017 36 Order dated 8/8/2017 Regarding 18 Postpetition Financing Motion filed by Debtor In Possession Oyo Sportstoys, Inc. For Entry of Interim and Final Orders. (Martin Hanssmann) DENIED. See Order for Full Text. (cl) (Entered: 08/08/2017)
Aug 8, 2017 37 Motion filed by Debtor Oyotoyo, Inc. to Extend Time to File Schedules and All Related Documents Re: 7 Order to Update with certificate of service. (Weinberg, Herbert) (Entered: 08/08/2017)
Aug 8, 2017 38 Endorsed Order dated 8/8/2017 Re: 37 Motion filed by Debtor Oyotoyo, Inc. to Extend Time to File Schedules and All Related Documents. ALLOWED. THE DEADLINE TO FILE THE MISSING DOCUMENTS IS EXTENDED TO AUGUST 14, 2017. (cl) (Entered: 08/08/2017)
Aug 9, 2017 Hearing Held and Continued for 9/20/2017 at 12:30 PM at Worcester Courtroom 4 - EDK Re: 18 Motion of Oyo Sportstoys, Inc. for entry of Interim and Final Orders to obtain Post-Petition Financing; authorizing the it to Use Cash Collateral; granting replacement liens; granting adequate protection; scheduling a final hearing; and granting related relief. (cl) (Entered: 08/09/2017)
Aug 9, 2017 39 Order dated 8/9/2017 Re: 18 Motion of Oyo Sportstoys, Inc. for entry of Interim and Final Orders to obtain Post-Petition Financing; authorizing the it to Use Cash Collateral; granting replacement liens; granting adequate protection; scheduling a final hearing; and granting related relief. CONTINUED FOR FINAL HEARING TO SEPTEMBER 20, 2017 AT 12:30PM IN WORCESTER, COURTROOM 4. A PROPOSED ORDER SHALL BE SUBMITTED BY COUNSEL TO THE DEBTORS (cl) (Entered: 08/09/2017)

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Case Information

Court
Massachusetts Bankruptcy Court
Case number
4:17-bk-41261
Assets
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Liabilities
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Judge
Elizabeth D. Katz
Chapter
11
Filed
Jul 11, 2017
Type
voluntary
Terminated
Jun 18, 2020
Updated
Sep 13, 2023
Last checked
Aug 14, 2017

Associated Cases

Creditors

Subscribe now or purchase this single case to see the full creditors list.
Canon Financial Services, Inc. co Nicola G. Sugli
Curtis R. Smith, Trustee of Hastings Creditors Tr.
Fanatics, Inc.
Internal Revenue Service
Liquid Capital Exchange, Inc.
Major League Baseball
Major League Baseball Players Ass'n
Major League Baseball Players Ass'n
Major League Baseball Players Ass'n
N.H.L. Enterprises, L.P.
National Football League Players Ass'n
National Football League Players Ass'n
National Football League Players Ass'n
National Football League Players Ass'n
National Football League Players Ass'n
There are 12 more creditors. Subscribe now or purchase this single case to see the full creditors list.

Parties

Debtor

Oyotoyo, Inc.
108 Forest Avenue
Hudson, MA 01749
Tax ID / EIN: xx-xxx3234

Represented By

Herbert Weinberg
Rosenberg & Weinberg,
805 Turnpike St., Suite. 201
North Andover, MA 01845
(978) 683-2479
Fax : 978-682-3041
Email: hweinberg@jrhwlaw.com

Debtor

In Possession
Oyo Sportstoys, Inc.
108 Forest Avenue
Hudson, MA 01749
Tax ID / EIN: xx-xxx3287

Represented By

Jeffrey D. Sternklar
Jeffrey D. Sternklar LLC
26th Floor
225 Franklin Street
Boston, MA 02110
6177335171
Fax : 6175076530
Email: jeffrey@sternklarlaw.com

U.S. Trustee

Richard King
Office of US. Trustee
446 Main Street
14th Floor
Worcester, MA 01608

Represented By

Lisa D. Tingue
Office of the U.S. Trustee
446 Main Street
Worcester, MA 01608
(508) 793-0555
Email: lisa.d.tingue@usdoj.gov

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