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The Oval Squared Inc

COURT
Texas Southern Bankruptcy Court
CASE NUMBER
4:2023bk34620
TYPE / CHAPTER
Voluntary / 11V

Filed

11-28-23

Updated

6-9-24

Last Checked

12-22-23

Assets

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Liabilities

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Docket

Last Updated
Dec 4, 2023
Last Entry Filed
Dec 3, 2023

Docket Entries by Month

Nov 28, 2023 1 Petition Chapter 11 Subchapter V Voluntary Petition Non-Individual Fee Amount $1738 Filed by The Oval Squared Inc. (Lane, Robert) (Entered: 11/28/2023)
Nov 28, 2023 Receipt of Voluntary Petition (Chapter 11)( 23-34620) [misc,volp11] (1738.00) Filing Fee. Receipt number A24888071. Fee amount $1738.00. (U.S. Treasury) (Entered: 11/28/2023)
Nov 28, 2023 2 Balance Sheet (Filed By The Oval Squared Inc ). (Lane, Robert) (Entered: 11/28/2023)
Nov 28, 2023 3 Cash Flow Statement for Small Business (Filed By The Oval Squared Inc ). (Lane, Robert) (Entered: 11/28/2023)
Nov 28, 2023 4 Statement of Operations for Small Business (Filed By The Oval Squared Inc ). (Lane, Robert) (Entered: 11/28/2023)
Nov 28, 2023 5 Tax Documents for the Year 2022. Tax documents are available for reviewing in the office of the clerk (Filed By The Oval Squared Inc ). (Lane, Robert) (Entered: 11/28/2023)
Nov 28, 2023 6 Declaration re: Electronic Filing (Filed By The Oval Squared Inc ).(Related document(s):1 Voluntary Petition (Chapter 11)) (Lane, Robert) (Entered: 11/28/2023)
Nov 28, 2023 Notice of Appearance and Request for Notice Filed by Andrew Jimenez (Jimenez, Andrew) (Entered: 11/28/2023)
Nov 28, 2023 7 Emergency Motion FOR AUTHORITY TO USE CASH COLLATERAL Filed by Debtor The Oval Squared Inc (Attachments: # 1 Exhibit A - Budget # 2 Exhibit B - UCC Lien Search # 3 Proposed Order) (Lane, Robert) (Entered: 11/28/2023)
Nov 28, 2023 8 Application to Employ The Lane Law Firm, PLLC as Debtor's Attorney. Objections/Request for Hearing Due in 21 days. Filed by Debtor The Oval Squared Inc (Attachments: # 1 Affidavit # 2 Declaration # 3 Proposed Order) (Lane, Robert) (Entered: 11/28/2023)
Show 8 more entries
Nov 28, 2023 17 Notice of Appearance and Request for Notice Filed by Elizabeth Lally Filed by on behalf of Kapitus Servicing Inc. (Lally, Elizabeth) (Entered: 11/28/2023)
Nov 29, 2023 18 Notice of Appointment of Chapter 11 Subchapter V Trustee. Drew McManigle added to case as trustee. (Jimenez, Andrew) (Entered: 11/29/2023)
Nov 29, 2023 19 Meeting of Creditors Chapter 11 for Non-Individual Debtor Set 341(a) meeting to be held on 1/8/2024 at 10:00 AM at US Trustee Houston Teleconference. Last day to object to dischargeability under section 523 is 3/8/2024. Proofs of Claims due by 2/6/2024. Government Proof of Claim due by 5/28/2024. (Jimenez, Andrew) Modified on 11/30/2023 corrected claims bar date to conform with Local Rule 3003-1 (RobbieWestmoreland). (Entered: 11/29/2023)
Nov 30, 2023 20 Witness List, Exhibit List (Filed By The Oval Squared Inc ).(Related document(s):7 Emergency Motion, 9 Motion to Pay, 13 Witness List, Exhibit List) (Attachments: # 1 Exhibit 10 - Updated 14/30 Day Budget # 2 Exhibit 11 - Payroll Summary) (Lane, Robert) (Entered: 11/30/2023)
Nov 30, 2023 21 Proposed Order RE: (Filed By The Oval Squared Inc ).(Related document(s):7 Emergency Motion) (Lane, Robert) (Entered: 11/30/2023)
Nov 30, 2023 Courtroom Minutes. Time Hearing Held: 8:30 a.m.. Appearances: Joshua Gordon for the Debtor; Andrew Jimenez for United States Trustee; Elizabeth Lally for Kapitus Servicing, Inc.; Drew McManigle, Subchapter V Trustee; Victoria Argeroplos for Sunflower Bank.

Minutes: Mr. Gordon called Tristan Williams, Debtor's representative. Mr. Williams was sworn in and provided testimony. Debtor's Exhibits at Docket 13, #1-9, and supplemental Exhibits at Docket 20, #1(10) and 2 (11), admitted by agreement. Cross-examination by Ms. Lally and Ms. Argeroplos. Mr. Williams was questioned by the Court. All parties announced no opposition to the motions.

Interim use of cash collateral approved. Proposed Order at 21 edited as stated on the record and signed by the Court. Further cash collateral set for 1/8/2024 at 1:30 p.m., in Houston. Parties will be allowed to appear electronically. Motion at #10 approved. Proposed Order signed by the Court.

(Related document(s):7 Emergency Motion, 10 Emergency Motion) (NormaChavez) (Entered: 11/30/2023)
Nov 30, 2023 22 Interim Order on Authority to Use Cash Collateral. Signed on 11/30/2023 (Related document(s):7 Emergency Motion) Further hearing scheduled for 1/8/2024 at 01:30 PM at Houston, Courtroom 402 (EVR). (Attachments: # 1 Exhibit A) (NormaChavez) (Entered: 11/30/2023)
Nov 30, 2023 23 Order on Debtor's Motion for Entry of an Order Authorizing Payment of Pre-Petition Wages in the Ordinary Course of Business. (Related Doc # 10) Signed on 11/30/2023. (NormaChavez) (Entered: 11/30/2023)
Nov 30, 2023 24 Notice of Appearance and Request for Notice Filed by Victoria Nicole Argeroplos Filed by on behalf of Sunflower Bank, N.A. (Argeroplos, Victoria) (Entered: 11/30/2023)
Nov 30, 2023 25 BNC Certificate of Mailing. (Related document(s):11 Order Setting Hearing) No. of Notices: 1. Notice Date 11/30/2023. (Admin.) (Entered: 11/30/2023)

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Case Information

Court
Texas Southern Bankruptcy Court
Case number
4:2023bk34620
Assets
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Liabilities
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Judge
Eduardo V Rodriguez
Chapter
11V
Filed
Nov 28, 2023
Type
voluntary
Terminated
May 29, 2024
Updated
Jun 9, 2024
Last checked
Dec 22, 2023

Associated Cases

    Creditors

    Subscribe now or purchase this single case to see the full creditors list.
    American Express
    Ascentium Capital
    Ascentium Capital
    Bank of America
    Bank of America
    Bank of America, N.A.
    Cypress-Fairbanks ISD
    Harris County
    Jaffe Capital
    Kalamata Capital Group LLC
    Kalamata Capital LLC
    Kapitus
    Kapitus Servicing, Inc. as authorized sub-servicin
    Karlene Rivers
    Montgomery County
    There are 7 more creditors. Subscribe now or purchase this single case to see the full creditors list.

    Parties

    Debtor

    The Oval Squared Inc
    11210 Scarsdale Blvd
    Houston, TX 77089
    HARRIS-TX
    Tax ID / EIN: xx-xxx3542
    dba Kwik Kar Lube & Tune
    dba Island Breeze Car Wash

    Represented By

    Robert Chamless Lane
    The Lane Law Firm
    6200 Savoy Drive
    Ste 1150
    Houston, TX 77036
    713-595-8200
    Email: chip.lane@lanelaw.com

    Trustee

    Drew McManigle
    Chapter 11 Trustee
    700 Milam, Suite 1300
    Houston, TX 77002
    410-350-1839

    U.S. Trustee

    US Trustee
    Office of the US Trustee
    515 Rusk Ave
    Ste 3516
    Houston, TX 77002
    713-718-4650

    Represented By

    Andrew Jimenez
    U.S. Department of Justice
    United States Trustee Program
    515 Rusk Street, Suite 3516
    Houston, TX 77002
    713-718-4668
    Fax : 713-718-4670
    Email: andrew.jimenez@usdoj.gov

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