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Prometheus Innovation Corporation

COURT
New Jersey Bankruptcy Court
CASE NUMBER
2:2023bk21813
TYPE / CHAPTER
Voluntary / 11V

Filed

12-22-23

Updated

12-8-24

Last Checked

1-17-24

Assets

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Liabilities

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Docket

Last Updated
Dec 29, 2023
Last Entry Filed
Dec 29, 2023

Docket Entries by Month

Dec 22, 2023 1 Petition Chapter 11 Voluntary Petition Filed by Eric Horn on behalf of Prometheus Innovation Corporation. Chapter 11 Plan Subchapter V Due by 03/21/2024. (Horn, Eric) (Entered: 12/22/2023)
Dec 22, 2023 Receipt of filing fee for Voluntary Petition (Chapter 11)( 23-21813) [misc,volp11a] (1738.00) Filing Fee. Receipt number A46184003, fee amount $ 1738.00. (re: Doc#1) (U.S. Treasury) (Entered: 12/22/2023)
Dec 22, 2023 2 Statement of Corporate Ownership filed. Filed by Eric Horn on behalf of Prometheus Innovation Corporation. (Horn, Eric) (Entered: 12/22/2023)
Dec 22, 2023 3 Document re: Corporate Authority to File Chapter 11 filed by Eric Horn on behalf of Prometheus Innovation Corporation. (Horn, Eric) (Entered: 12/22/2023)
Dec 22, 2023 4 Balance Sheet filed by Eric Horn on behalf of Prometheus Innovation Corporation. (Horn, Eric) (Entered: 12/22/2023)
Dec 22, 2023 5 Statement of Operations for Small Business filed by Eric Horn on behalf of Prometheus Innovation Corporation. (Horn, Eric) (Entered: 12/22/2023)
Dec 22, 2023 6 Cash Flow Statement for Small Business filed by Eric Horn on behalf of Prometheus Innovation Corporation. (Horn, Eric) (Entered: 12/22/2023)
Dec 22, 2023 7 Tax Information for the Year 2021 filed by Eric Horn on behalf of Prometheus Innovation Corporation. (Horn, Eric) (Entered: 12/22/2023)
Dec 22, 2023 8 Statement of Operations for Small Business filed by Eric Horn on behalf of Prometheus Innovation Corporation. (Horn, Eric) (Entered: 12/22/2023)
Dec 26, 2023 9 Order to Show Cause Why Case Should Not be Dismissed for re: Failure to File Missing Documents. Missing Documents: Summary of Assets and Liabilities for Non-Individuals, Declaration Under Penalty of Perjury for Non Individual Debtors, Statement of Financial Affairs For Non-Individuals, Atty Disclosure Statement, 20 Largest Unsecured Creditors, List of Equity Security Holders, Schedules A/B,D,E/F,G,H, Service of notice of the entry of this order pursuant to Rule 9022 was made on the appropriate parties. See BNC Certificate of Notice. Signed on 12/26/2023. Hearing scheduled for 1/16/2024 at 10:00 AM at JKS - Courtroom 3D, Newark. (dmc) (Entered: 12/26/2023)
Show 1 more entries
Dec 26, 2023 11 Notice of Appearance and Request for Service of Notice filed by Lyndsay E. Rowland on behalf of Univest Bank and Trust Co.. (Rowland, Lyndsay) (Entered: 12/26/2023)
Dec 27, 2023 12 Notice of Appointment of Nancy Isaacson as Subchapter V Trustee filed by U.S. Trustee. U.S. Trustee. (Attachments: # 1 Verified Statement of Nancy Isaacson) (United States Trustee, by Martha Hildebrandt, Assistant United States Trustee) (Entered: 12/27/2023)
Dec 28, 2023 13 Application for Expedited Consideration of First Day Matters Filed by Eric Horn on behalf of Prometheus Innovation Corporation. (Attachments: # 1 Proposed Order) (Horn, Eric) (Entered: 12/28/2023)
Dec 28, 2023 14 Order Granting Application for Expediting Consideration of First Day Matters (Related Doc # 13). Service of notice of the entry of this order pursuant to Rule 9022 was made on the appropriate parties. See BNC Certificate of Notice. Signed on 12/28/2023. Hearing scheduled for 12/29/2023 at 10:00 AM at JKS - Courtroom 3D, Newark. (zlh) (Entered: 12/28/2023)
Dec 28, 2023 15 Missing Document(s): Declaration Under Penalty For Non Individual Debtors, 20 Largest Unsecured Creditors, List of All Creditors, List of Equity Security Holders, Schedules, Summary of Assets and Liabilities for Non-Individuals A/B,D,E/F,G,H, filed by Eric Horn on behalf of Prometheus Innovation Corporation. (Horn, Eric) (Entered: 12/28/2023)
Dec 28, 2023 16 Document re: Declaration of Jelani Ellington in Support of Chapter 11 Filing and First Day Relief filed by Eric Horn on behalf of Prometheus Innovation Corporation. (Horn, Eric) (Entered: 12/28/2023)
Dec 28, 2023 17 Motion re: Motion to pay preptition wages and related obligations Filed by Eric Horn on behalf of Prometheus Innovation Corporation. Hearing scheduled for 12/29/2023 at 10:00 AM at JKS - Courtroom 3D, Newark. (Attachments: # 1 Proposed Order Proposed Interim Order) (Horn, Eric) (Entered: 12/28/2023)
Dec 28, 2023 18 Motion to Use Cash Collateral Filed by Eric Horn on behalf of Prometheus Innovation Corporation. Hearing scheduled for 12/29/2023 at 10:00 AM at JKS - Courtroom 3D, Newark. (Attachments: # 1 Proposed Order Proposed Interim Order) (Horn, Eric) (Entered: 12/28/2023)
Dec 28, 2023 19 Missing Document(s): Atty Disclosure Statement filed by Eric Horn on behalf of Prometheus Innovation Corporation. (Horn, Eric) (Entered: 12/28/2023)
Dec 28, 2023 20 Application For Retention of Professional A.Y. Strauss LLC as Counsel to the Debtor and Debtor in Possession Filed by Eric Horn on behalf of Prometheus Innovation Corporation. Objections due by 1/12/2024. (Attachments: # 1 Declaration of Eric H. Horn in Support of Retention of AY Strauss as Counsel to the Debtor and Debtor in Possession # 2 Proposed Order) (Horn, Eric) (Entered: 12/28/2023)

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Case Information

Court
New Jersey Bankruptcy Court
Case number
2:2023bk21813
Assets
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Liabilities
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Judge
John K. Sherwood
Chapter
11V
Filed
Dec 22, 2023
Type
voluntary
Terminated
Dec 2, 2024
Updated
Dec 8, 2024
Last checked
Jan 17, 2024

Associated Cases

    Creditors

    Subscribe now or purchase this single case to see the full creditors list.
    American Express
    Bank of America
    Gilsean & Co.
    Greenspoon Marder LLP
    Huntington Learning
    Huntington Learning Center
    IRS
    NY ADI
    PC Richard & Son
    RKD Law LLC
    State of NJ - Dept. Tax
    Univest Bank and Trust Co
    Univest Bank and Trust Co.

    Parties

    Debtor

    Prometheus Innovation Corporation
    PO Box 194
    Gwynedd Valley, PA 19437-0194
    MONTGOMERY-PA
    Tax ID / EIN: xx-xxx8908
    fdba Prometheus Service Corporation

    Represented By

    Eric Horn
    A.Y. Strauss
    290 West Mount Pleasant Avenue
    Suite 3260
    Livingston, NJ 07039
    973-287-5006
    Fax : 973-226-4104
    Email: ehorn@aystrauss.com

    Trustee

    Nancy Isaacson
    Greenbaum, Rowe, Smith & Davis LLP
    75 Livingston Ave
    Suite 301
    Roseland, NJ 07068-3701
    (973) 535-1600

    U.S. Trustee

    U.S. Trustee
    US Dept of Justice
    Office of the US Trustee
    One Newark Center Ste 2100
    Newark, NJ 07102
    (973) 645-3014

    Represented By

    Rachel Wolf
    DOJ-Ust
    One Newark Center
    Ste 2100
    Newark, NJ 07102
    202-834-3003
    Email: rachel.wolf@usdoj.gov

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