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Speed Industrial Gas, LLC

COURT
Texas Western Bankruptcy Court
CASE NUMBER
5:2021bk51297
TYPE / CHAPTER
Voluntary / 11

Filed

10-22-21

Updated

9-13-23

Last Checked

12-2-21

Assets

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Liabilities

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Docket

Last Updated
Dec 2, 2021
Last Entry Filed
Dec 2, 2021

Docket Entries by Quarter

There are 109 older docket entries.

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Nov 18, 2021 Transcribers Acknowledgement of Request for Transcript of Testimony/Proceeding Received on 11/18/2021. The reporter expects to have the transcript completed by 11/19/2021. (Hudson, Toni) (related document(s): 93 Transcript Request by Michael K. Riordan. Transcript request sent to Transcriber: Exceptional Reporting Services (Related Document(s): 4 Debtor's Emergency Motion for Entry of Interim and Final Orders (I) Authorizing Use of Cash Collateral, (II) Granting Adequate Protection to the Prepetition Secured Lender, and (III) Granting Related Relief filed by Lloyd A. Lim for Debtor Speed Industrial Gas, LLC), 5 Joint Emergency Motion for Entry of an Agreed Order Authorizing Debtor to Obtain Postpetition Financing and Granting Related Relief filed by Lloyd A. Lim for Debtor Speed Industrial Gas, LLC, 6 Emergency Motion for Entry of Interim and Final Orders (I) Authorizing the Debtor to (A) Continue Operating its Cash Management System, (B) Honor Certain Prepetition Obligations, and (C) Maintain Existing Business Forms, and (II) Granting Related Relief filed by Lloyd A. Lim for Debtor Speed Industrial Gas, LLC, 7 Emergency Motion for Entry of an Order (I) Authorizing the Debtor to (A) Pay Prepetition Wages, Salaries, Other Compensation, and Reimbursable Expenses, and (B) Continue Employee Benefits Programs, and (II) Granting Related Relief filed by Lloyd A. Lim for Debtor Speed Industrial Gas, LLC, 9 Emergency Motion for Order Authorizing (I) the Debtor to Pay Certain Prepetition Taxes and Related Obligations and (II) Authorizing Financial Institutions to Receive, Process, and Honor All Funds Transfer Requests Related to Such Obligations filed by Lloyd A. Lim for Debtor Speed Industrial Gas, LLC, 10 Emergency Motion for Entry of Interim and Final Orders: (I) Approving Adequate Assurance of Payment to Utility Companies, (II) Establishing Procedures to Resolve Objections by Utility Companies, and (III) Prohibiting Utility Companies from Altering, Refusing, or Discontinuing Service filed by Lloyd A. Lim for Debtor Speed Industrial Gas, LLC, 11 Emergency Motion of Debtor for Entry of an Order Extending the Automatic Stay to Debtor's Officer and Sole Member, Ernest W. "Cotton" Speed III filed by Lloyd A. Lim for Debtor Speed Industrial Gas, LLC, 20 Amended Emergency Motion for Entry of Interim and Final Orders Authorizing Debtor to Pay Prepetition Claims of Critical Vendors filed by Lloyd A. Lim for Debtor Speed Industrial Gas, LLC (Related Document(s): 8 Emergency Motion for Entry of Interim and Final Orders Authorizing Debtor to Pay Prepetition Claims of Critical Vendors filed by Lloyd A. Lim for Debtor Speed Industrial Gas, LLC), 77 Motion to Sell Property Free and Clear of Liens 11 USC 363(f), filed by Lloyd A. Lim for Debtor Speed Industrial Gas, LLC))
Nov 19, 2021 94 Transcript regarding Hearing Held 11/17/21 THIS TRANSCRIPT WILL BE MADE ELECTRONICALLY AVAILABLE TO THE GENERAL PUBLIC 90 DAYS AFTER THE DATE OF FILING, TRANSCRIPT RELEASE DATE IS 02/17/2022. Until that time the transcript may be viewed at the Bankruptcy Court or a copy may be obtained from the official court transcriber. Transcriber EXCEPTIONAL REPORTING, Telephone number 361 949-2988. - NAME OF PURCHASER: MICHAEL K. RIORDAN. Notice of Intent to Request Redaction Deadline Due By 11/29/2021. Redaction Request Due By12/10/2021. Redacted Transcript Submission Due By 12/20/2021. Transcript access will be restricted through 02/17/2022. (Hudson, Toni)
Nov 19, 2021 95 Motion to Vacate Order filed by Lloyd A. Lim for Debtor Speed Industrial Gas, LLC (Attachments: # 1 Exhibit # 2 Exhibit # 3 Proposed Order)(Lim, Lloyd) (Related Document(s): 88 Agreed Final Order Regarding (related document(s): 5 Joint Emergency Motion for Entry of an Agreed Order Authorizing Debtor to Obtain Postpetition Financing and Granting Related Relief filed by Lloyd A. Lim for Debtor Speed Industrial Gas, LLC (Attachments: # 1 Exhibit A (Proposed Order) # 2 Exhibit B)) (Order entered on 11/18/2021), 91 Final Agreed Order Authorizing (related document(s): 4 Debtor's Emergency Motion for Entry of Interim and Final Orders (I) Authorizing Use of Cash Collateral, (II) Granting Adequate Protection to the Prepetition Secured Lender, and (III) Granting Related Relief (14 Day Objection Language) filed by Lloyd A. Lim for Debtor Speed Industrial Gas, LLC (Attachments: # 1 Exhibit A (Proposed Budget) # 2 Proposed Order (Interim) # 3 Proposed Order (Final))) (Order entered on 11/18/2021))
Nov 19, 2021 96 Exhibit Index and Witness List for Hearing Held on 11/17/2021 (Related Document(s): 4 Debtor's Emergency Motion for Entry of Interim and Final Orders (I) Authorizing Use of Cash Collateral, (II) Granting Adequate Protection to the Prepetition Secured Lender, and (III) Granting Related Relief (14 Day Objection Language) filed by Lloyd A. Lim for Debtor Speed Industrial Gas, LLC (Attachments: # 1 Exhibit A (Proposed Budget) # 2 Proposed Order (Interim) # 3 Proposed Order (Final)), 5 Joint Emergency Motion for Entry of an Agreed Order Authorizing Debtor to Obtain Postpetition Financing and Granting Related Relief filed by Lloyd A. Lim for Debtor Speed Industrial Gas, LLC (Attachments: # 1 Exhibit A (Proposed Order) # 2 Exhibit B), 6 Emergency Motion for Entry of Interim and Final Orders (I) Authorizing the Debtor to (A) Continue Operating its Cash Management System, (B) Honor Certain Prepetition Obligations, and (C) Maintain Existing Business Forms, and (II) Granting Related Relief filed by Lloyd A. Lim for Debtor Speed Industrial Gas, LLC (Attachments: # 1 Exhibit A # 2 Proposed Order (Interim) # 3 Proposed Order (Final)), 7 Emergency Motion for Entry of an Order (I) Authorizing the Debtor to (A) Pay Prepetition Wages, Salaries, Other Compensation, and Reimbursable Expenses, and (B) Continue Employee Benefits Programs, and (II) Granting Related Relief filed by Lloyd A. Lim for Debtor Speed Industrial Gas, LLC (Attachments: # 1 Exhibit A # 2 Proposed Order (Interim) # 3 Proposed Order (Final)), 9 Emergency Motion for Order Authorizing (I) the Debtor to Pay Certain Prepetition Taxes and Related Obligations and (II) Authorizing Financial Institutions to Receive, Process, and Honor All Funds Transfer Requests Related to Such Obligations filed by Lloyd A. Lim for Debtor Speed Industrial Gas, LLC (Attachments: # 1 Exhibit A # 2 Proposed Order), 10 Emergency Motion for Entry of Interim and Final Orders: (I) Approving Adequate Assurance of Payment to Utility Companies, (II) Establishing Procedures to Resolve Objections by Utility Companies, and (III) Prohibiting Utility Companies from Altering, Refusing, or Discontinuing Service filed by Lloyd A. Lim for Debtor Speed Industrial Gas, LLC (Attachments: # 1 Exhibit A # 2 Proposed Order (Interim) # 3 Proposed Order (Final)), 11 Emergency Motion of Debtor for Entry of an Order Extending the Automatic Stay to Debtor's Officer and Sole Member, Ernest W. "Cotton" Speed III filed by Lloyd A. Lim for Debtor Speed Industrial Gas, LLC (Attachments: # 1 Exhibit A # 2 Proposed Order), 12 Application to Employ Counsel to the Debtor, Balch & Bingham LLP (21 Day Objection Language) filed by Lloyd A. Lim for Debtor Speed Industrial Gas, LLC (Attachments: # 1 Exhibit A # 2 Exhibit B # 3 Proposed Order), 20 Amended Emergency Motion for Entry of Interim and Final Orders Authorizing Debtor to Pay Prepetition Claims of Critical Vendors filed by Lloyd A. Lim for Debtor Speed Industrial Gas, LLC (Attachments: # 1 Exhibit A # 2 Proposed Order (Interim) # 3 Proposed Order (Final))(Lim, Lloyd) (Related Document(s): 8 Emergency Motion for Entry of Interim and Final Orders Authorizing Debtor to Pay Prepetition Claims of Critical Vendors filed by Lloyd A. Lim for Debtor Speed Industrial Gas, LLC), 77 Motion to Sell Property Free and Clear of Liens 11 USC 363(f), , ( Filing Fee: $ 188.00 ) filed by Lloyd A. Lim for Debtor Speed Industrial Gas, LLC (Attachments: # 1 Exhibit # 2 Proposed Order)) (Sosa, Alma) (Filed: 11/18/2021)
Nov 19, 2021 Hearing Held: ***APPROVED***. (Related Document(s): 4 Debtor's Emergency Motion for Entry of Interim and Final Orders (I) Authorizing Use of Cash Collateral, (II) Granting Adequate Protection to the Prepetition Secured Lender, and (III) Granting Related Relief (14 Day Objection Language) filed by Lloyd A. Lim for Debtor Speed Industrial Gas, LLC (Attachments: # 1 Exhibit A (Proposed Budget) # 2 Proposed Order (Interim) # 3 Proposed Order (Final))) (Sosa, Alma) (Filed: 11/17/2021)
Nov 19, 2021 Hearing Held: ***APPROVED***. (Related Document(s): 5 Joint Emergency Motion for Entry of an Agreed Order Authorizing Debtor to Obtain Postpetition Financing and Granting Related Relief filed by Lloyd A. Lim for Debtor Speed Industrial Gas, LLC (Attachments: # 1 Exhibit A (Proposed Order) # 2 Exhibit B)) (Sosa, Alma) (Filed: 11/17/2021)
Nov 19, 2021 Hearing Held: ***APPROVED***. (Related Document(s): 6 Emergency Motion for Entry of Interim and Final Orders (I) Authorizing the Debtor to (A) Continue Operating its Cash Management System, (B) Honor Certain Prepetition Obligations, and (C) Maintain Existing Business Forms, and (II) Granting Related Relief filed by Lloyd A. Lim for Debtor Speed Industrial Gas, LLC (Attachments: # 1 Exhibit A # 2 Proposed Order (Interim) # 3 Proposed Order (Final))) (Sosa, Alma) (Filed: 11/17/2021)
Nov 19, 2021 Hearing Held: ***APPROVED***. (Related Document(s): 7 Emergency Motion for Entry of an Order (I) Authorizing the Debtor to (A) Pay Prepetition Wages, Salaries, Other Compensation, and Reimbursable Expenses, and (B) Continue Employee Benefits Programs, and (II) Granting Related Relief filed by Lloyd A. Lim for Debtor Speed Industrial Gas, LLC (Attachments: # 1 Exhibit A # 2 Proposed Order (Interim) # 3 Proposed Order (Final))) (Sosa, Alma) (Filed: 11/17/2021)
Nov 19, 2021 Hearing Held: ***APPROVED***. (Related Document(s): 20 Amended Emergency Motion for Entry of Interim and Final Orders Authorizing Debtor to Pay Prepetition Claims of Critical Vendors filed by Lloyd A. Lim for Debtor Speed Industrial Gas, LLC (Attachments: # 1 Exhibit A # 2 Proposed Order (Interim) # 3 Proposed Order (Final))(Lim, Lloyd) (Related Document(s): 8 Emergency Motion for Entry of Interim and Final Orders Authorizing Debtor to Pay Prepetition Claims of Critical Vendors filed by Lloyd A. Lim for Debtor Speed Industrial Gas, LLC)) (Sosa, Alma) (Filed: 11/17/2021)
Nov 19, 2021 Hearing Held: ***APPROVED***. (Related Document(s): 9 Emergency Motion for Order Authorizing (I) the Debtor to Pay Certain Prepetition Taxes and Related Obligations and (II) Authorizing Financial Institutions to Receive, Process, and Honor All Funds Transfer Requests Related to Such Obligations filed by Lloyd A. Lim for Debtor Speed Industrial Gas, LLC (Attachments: # 1 Exhibit A # 2 Proposed Order)) (Sosa, Alma) (Filed: 11/17/2021)
Show 10 more entries
Nov 22, 2021 105 Amended Motion to Vacate Order filed by Lloyd A. Lim for Debtor Speed Industrial Gas, LLC (Attachments: # 1 Proposed Order # 2 Exhibit A # 3 Exhibit B)(Lim, Lloyd) (Related Document(s): 88 Agreed Final Order Regarding (related document(s): 5 Joint Emergency Motion for Entry of an Agreed Order Authorizing Debtor to Obtain Postpetition Financing and Granting Related Relief filed by Lloyd A. Lim for Debtor Speed Industrial Gas, LLC (Attachments: # 1 Exhibit A (Proposed Order) # 2 Exhibit B)) (Order entered on 11/18/2021), 91 Final Agreed Order Authorizing (related document(s): 4 Debtor's Emergency Motion for Entry of Interim and Final Orders (I) Authorizing Use of Cash Collateral, (II) Granting Adequate Protection to the Prepetition Secured Lender, and (III) Granting Related Relief (14 Day Objection Language) filed by Lloyd A. Lim for Debtor Speed Industrial Gas, LLC (Attachments: # 1 Exhibit A (Proposed Budget) # 2 Proposed Order (Interim) # 3 Proposed Order (Final))) (Order entered on 11/18/2021)). Related document(s) 95 Motion to Vacate Order filed by Debtor Speed Industrial Gas, LLC. Modified on 11/23/2021 (Paez, Daniel).
Nov 22, 2021 106 Chapter 11 Monthly Operating Report for the Month Ending: 10/31/2021 filed by Lloyd A. Lim for Debtor Speed Industrial Gas, LLC. (Lim, Lloyd)
Nov 23, 2021 107 Order Granting Debtor's Amended Emergency Motion to Vacate Certain Orders (related document(s): 88 Agreed Final Order Regarding (related document(s): 5 Joint Emergency Motion for Entry of an Agreed Order Authorizing Debtor to Obtain Postpetition Financing and Granting Related Relief filed by Lloyd A. Lim for Debtor Speed Industrial Gas, LLC (Order entered on 11/18/2021), 91 Final Agreed Order Authorizing (related document(s): 4 Debtor's Emergency Motion for Entry of Interim and Final Orders (I) Authorizing Use of Cash Collateral, (II) Granting Adequate Protection to the Prepetition Secured Lender, and (III) Granting Related Relief (14 Day Objection Language) filed by Lloyd A. Lim for Debtor Speed Industrial Gas, LLC # 2 Proposed Order (Interim) # 3 Proposed Order (Final))) (Order entered on 11/18/2021)) (Order entered on 11/23/2021) (Sosa, Alma)
Nov 23, 2021 Hearing Held: ***GRANTED FOR REASONS STATED ON THE RECORD***. Order Due to be filed by Lloyd Lim (Related Document(s): 11 Emergency Motion of Debtor for Entry of an Order Extending the Automatic Stay to Debtor's Officer and Sole Member, Ernest W. "Cotton" Speed III filed by Lloyd A. Lim for Debtor Speed Industrial Gas, LLC) Order due by 12/7/2021 (Mujica, Roxanne)
Nov 23, 2021 108 Declaration for Electronic Filing (Restricted Document) filed by Lloyd A. Lim for Debtor Speed Industrial Gas, LLC. (Lim, Lloyd) (Related Document(s): (Related Document(s):1Voluntary Petition under Chapter 11 (Non-Individual) Without Schedules, Without Statement of Financial Affairs, Without Attorney Disclosure of Compensation ( Filing Fee: $ 1738, ) Filed By Speed Industrial Gas, LLC. -Declaration for Electronic Filing due by 10/29/2021 Chapter 11 Plan Due by 02/22/2022. Disclosure Statement due by 2/22/2022, (Lim, Lloyd)) - Declaration for Electronic Filing due by 11/12/2021. (Admin))). Related document(s). Related document(s)Modified on 11/24/2021 (Mujica, Roxanne).
Nov 24, 2021 109 Agreed Final Order Authorizing (related document(s): 5 Joint Emergency Motion for Entry of an Agreed Order Authorizing Debtor to Obtain Postpetition Financing and Granting Related Relief filed by Lloyd A. Lim for Debtor Speed Industrial Gas, LLC (Attachments: # 1 Exhibit A (Proposed Order) # 2 Exhibit B)) (Order entered on 11/24/2021) (Sosa, Alma)
Nov 24, 2021 110 Final Agreed Order Authorizing (related document(s): 4 Debtor's Emergency Motion for Entry of Interim and Final Orders (I) Authorizing Use of Cash Collateral, (II) Granting Adequate Protection to the Prepetition Secured Lender, and (III) Granting Related Relief (14 Day Objection Language) filed by Lloyd A. Lim for Debtor Speed Industrial Gas, LLC (Attachments: # 1 Exhibit A (Proposed Budget) # 2 Proposed Order (Interim) # 3 Proposed Order (Final))) (Order entered on 11/24/2021) (Sosa, Alma)
Nov 24, 2021 111 Statement of Financial Affairs, Schedules and Summary, filed by Lloyd A. Lim for Debtor Speed Industrial Gas, LLC - Declaration for Electronic Filing due by 12/1/2021 - Declaration for Electronic Filing due by 12/1/2021 (Lim, Lloyd)
Nov 24, 2021 112 BNC Certificate of Mailing (Related Document(s): 94 Transcript regarding Hearing Held 11/17/21 THIS TRANSCRIPT WILL BE MADE ELECTRONICALLY AVAILABLE TO THE GENERAL PUBLIC 90 DAYS AFTER THE DATE OF FILING, TRANSCRIPT RELEASE DATE IS 02/17/2022. Until that time the transcript may be viewed at the Bankruptcy Court or a copy may be obtained from the official court transcriber. Transcriber EXCEPTIONAL REPORTING, Telephone number 361 949-2988. - NAME OF PURCHASER: MICHAEL K. RIORDAN. Notice of Intent to Request Redaction Deadline Due By 11/29/2021. Redaction Request Due By12/10/2021. Redacted Transcript Submission Due By 12/20/2021. Transcript access will be restricted through 02/17/2022.) Notice Date 11/24/2021. (Admin.)
Nov 25, 2021 113 BNC Certificate of Mailing (Related Document(s): 107 Order Granting Debtor's Amended Emergency Motion to Vacate Certain Orders (related document(s): 88 Agreed Final Order Regarding (related document(s): 5 Joint Emergency Motion for Entry of an Agreed Order Authorizing Debtor to Obtain Postpetition Financing and Granting Related Relief filed by Lloyd A. Lim for Debtor Speed Industrial Gas, LLC (Order entered on 11/18/2021), 91 Final Agreed Order Authorizing (related document(s): 4 Debtor's Emergency Motion for Entry of Interim and Final Orders (I) Authorizing Use of Cash Collateral, (II) Granting Adequate Protection to the Prepetition Secured Lender, and (III) Granting Related Relief (14 Day Objection Language) filed by Lloyd A. Lim for Debtor Speed Industrial Gas, LLC # 2 Proposed Order (Interim) # 3 Proposed Order (Final))) (Order entered on 11/18/2021)) (Order entered on 11/23/2021)) Notice Date 11/25/2021. (Admin.)

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Case Information

Court
Texas Western Bankruptcy Court
Case number
5:2021bk51297
Assets
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Liabilities
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Judge
Craig A. Gargotta
Chapter
11
Filed
Oct 22, 2021
Type
voluntary
Terminated
May 17, 2022
Updated
Sep 13, 2023
Last checked
Dec 2, 2021

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    Parties

    Debtor

    Speed Industrial Gas, LLC
    1003 Brussels St
    San Antonio, TX 78219
    BEXAR-TX
    Tax ID / EIN: xx-xxx5432

    Represented By

    Lloyd A. Lim
    Balch & Bingham, LLP
    811 Louisiana St, Suite 1010
    Houston, TX 77002
    (713) 362-2557
    Fax : (866) 230-9972
    Email: llim@balch.com
    Gabriel J. Quistorff
    Balch & Bingham, LLP
    1901 Sixth Avenue North, Suite 1500
    Birmingham, AL 35243
    (205) 226-3414
    Fax : (205) 488-5655
    Email: gquistorff@balch.com
    Charles M. Seely
    Foley & Lardner LLP
    1000 Louisiana Street
    Suite 2000
    Houston, TX 77002
    713-276-5979
    Fax : 713-276-5555
    Email: mseely@foley.com

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