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PhysIQ, Inc.

COURT
Delaware Bankruptcy Court
CASE NUMBER
1:2023bk10102
TYPE / CHAPTER
Voluntary / 11V

Filed

1-26-23

Updated

12-10-23

Last Checked

2-1-23

Assets

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Liabilities

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Docket

Last Updated
Feb 1, 2023
Last Entry Filed
Jan 31, 2023

Docket Entries by Month

Jan 26, 2023 1 Petition Chapter 11 Voluntary Petition . Fee Amount $1738. Filed by PhysIQ, Inc.. Chapter 11 Plan Small Business Subchapter V Due by 04/26/2023. (Francella, Thomas) (Entered: 01/26/2023)
Jan 26, 2023 2 Receipt of filing fee for Voluntary Petition (Chapter 11)( 23-10102) [misc,volp11a] (1738.00). Receipt Number A10975715, amount $1738.00. (U.S. Treasury) (Entered: 01/26/2023)
Jan 26, 2023 Judge Brendan Linehan Shannon added to case (SH) (Entered: 01/26/2023)
Jan 26, 2023 3 Motion to Approve Debtor In Possession Financing Filed by PhysIQ, Inc.. (Attachments: # 1 Exhibit 1 - Proposed Interim Order # 2 Exhibit 2 - Loan Agreement) (Francella, Thomas) (Entered: 01/26/2023)
Jan 26, 2023 4 Motion to Authorize Entry of Interim and Final Orders to (A) Continue Operating Cash Management System, (B) Honor Certain Prepetition Obligations Related Thereto, (C) Maintain Existing Business Forms, and (D) Granting Related Relief Filed by PhysIQ, Inc.. (Attachments: # 1 Proposed Form of Order - interim # 2 Proposed Form of Order - final) (Francella, Thomas) (Entered: 01/26/2023)
Jan 26, 2023 5 Motion to Pay Employee Wages (Prepetition), Salaries, and Other Compensation, and Reimbursable Employee Expenses, and Continue Employee Benefits Programs and Granting Related Relief Filed By PhysIQ, Inc. (Attachments: # 1 Proposed Form of Order - interim # 2 Proposed Form of Order - final)(Francella, Thomas) (Entered: 01/26/2023)
Jan 26, 2023 6 Motion to Appear pro hac vice of Robert M. Fishman, Esquire. Receipt Number 4053574, Filed by PhysIQ, Inc.. (Francella, Thomas) (Entered: 01/26/2023)
Jan 26, 2023 7 Motion to Appear pro hac vice of Peter J. Roberts, Esquire. Receipt Number 4031688, Filed by PhysIQ, Inc.. (Francella, Thomas) (Entered: 01/26/2023)
Jan 26, 2023 8 Affidavit/Declaration in Support of First Day Motion Declaration of Gary Conkright in Support of the Debtor's Chapter 11 Petitions and First Day Relief Filed By PhysIQ, Inc. (Francella, Thomas) (Entered: 01/26/2023)
Jan 26, 2023 9 Notice of Agenda of Matters Scheduled for Hearing Filed by PhysIQ, Inc.. Hearing scheduled for 1/30/2023 at 12:00 PM at US Bankruptcy Court, 824 Market St., 6th Fl., Courtroom #1, Wilmington, Delaware. (Francella, Thomas) (Entered: 01/26/2023)
Show 5 more entries
Jan 26, 2023 13 Motion to Appear pro hac vice Mark Radtke, Esq. of Foley & Lardner LLP. Receipt Number 4053572, Filed by PhysIQ Lending Group, LLC. (Johnson, Ericka) (Entered: 01/26/2023)
Jan 27, 2023 14 Notice of Appointment of Subchapter V Trustee and Subchapter V Trustee's Verified Statement of Disinterestedness. Natasha M. Songonuga added to the case. Filed by U.S. Trustee. (McCollum, Hannah) (Entered: 01/27/2023)
Jan 30, 2023 15 Certification of Counsel regarding Motion to Authorize Entry of Interim and Final Orders to (A) Continue Operating Cash Management System, (B) Honor Certain Prepetition Obligations Related Thereto, (C) Maintain Existing Business Forms, and (D) Granting Related Relief (related document(s)4) Filed by PhysIQ, Inc.. (Attachments: # 1 Proposed Form of Order - interim # 2 Proposed Form of Order - comparison version) (Benedek, Marla) (Entered: 01/30/2023)
Jan 30, 2023 16 Objection to Debtor's Motion for Interim and Final Orders (I) Authorizing Debtor to Obtain Postpetition Financing (II) Granting Liens, Security Interests and Superpriority Claims, (III) Scheduling Final Hearing, and (IV) Granting Related Relief (related document(s)3) Filed by Scrapper Technology Funder LLC (Attachments: # 1 Exhibit A # 2 Exhibit B # 3 Exhibit C # 4 Exhibit D # 5 Exhibit E # 6 Exhibit F) (Leonhardt, Scott) (Entered: 01/30/2023)
Jan 30, 2023 17 *** ENTERED IN ERROR - Document Removed *** Order Approving Interim Order to (A) Continue Operating Cash Management System, (B) Honor Certain Prepetition Obligations Related Thereto, (C) Maintain Existing Business Forms, and (D) Granting Related Relief (Related Doc 4, 15) Order Signed on 1/30/2023. (JMW) Modified on 1/30/2023 (JMW). Modified on 1/30/2023 (JMW). (Entered: 01/30/2023)
Jan 30, 2023 18 Order Approving Motion for Admission pro hac vice of Robert M. Fishman, Esquire (Related Doc # 6) Order Signed on 1/30/2023. (JMW) (Entered: 01/30/2023)
Jan 30, 2023 19 Order Approving Motion for Admission pro hac vice of Peter J. Roberts, Esquire (Related Doc # 7) Order Signed on 1/30/2023. (JMW) (Entered: 01/30/2023)
Jan 30, 2023 20 Order Approving Motion for Admission pro hac vice of Timothy C. Mohan, Esq. (Related Doc # 12) Order Signed on 1/30/2023. (JMW) (Entered: 01/30/2023)
Jan 30, 2023 21 Order Approving Motion for Admission pro hac vice Mark Radtke, Esq. (Related Doc # 13) Order Signed on 1/30/2023. (JMW) (Entered: 01/30/2023)
Jan 30, 2023 22 Corrective Entry ***ORDER ENTERED IN ERROR***IMAGE HAS BEEN REMOVED*** (related document(s) 17 ) (REB) (Entered: 01/30/2023)

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Case Information

Court
Delaware Bankruptcy Court
Case number
1:2023bk10102
Assets
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Liabilities
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Judge
Brendan Linehan Shannon
Chapter
11V
Filed
Jan 26, 2023
Type
voluntary
Updated
Dec 10, 2023
Last checked
Feb 1, 2023

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    Parties

    Debtor

    PhysIQ, Inc.
    300 E 5th Ave.
    Suite 105
    Naperville, IL 60563
    DU PAGE-IL
    Tax ID / EIN: xx-xxx6980
    fdba VGBio, Inc.

    Represented By

    Marla S. Benedek
    Cozen O'Connor
    1201 N. Market Street
    Suite 1001
    Wilmington, DE 19801
    302-295-2000
    Fax : 302-295-2013
    Email: mbenedek@cozen.com
    Robert M. Fishman
    Cozen OConnor
    123 North Wacker Drive
    Suite 1800
    Chicago, IL 60606
    (312) 382-3100
    Email: rfishman@cozen.com
    Thomas Joseph Francella, Jr.
    Cozen O'Connor
    1201 N. Market Street - Suite 1001
    Wilmington, DE 19801
    302-295-2023
    Fax : 302-250-4495
    Email: TFrancella@cozen.com
    Peter J. Roberts
    Cozen O'Connor
    123 N Wacker Drive
    Suite 1800
    Chicago, IL 60606
    312-382-3100
    Fax : 312-382-8910
    Email: proberts@cozen.com

    Trustee

    Natasha M. Songonuga
    Gibbons P.C.
    300 Delaware Avenue
    Suite 1015
    Wilmington, DE 19801-1671
    (302) 518-6324

    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

    Represented By

    Linda Richenderfer
    Office of the US Trustee
    US Trustee's Office
    844 King Street, Suite 2207
    Wilmington, DE 19801
    Email: Linda.Richenderfer@usdoj.gov

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