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Tidalwave Finance Corporation

COURT
California Central Bankruptcy Court
CASE NUMBER
8:2023bk10794
TYPE / CHAPTER
Voluntary / 7

Filed

4-18-23

Updated

12-1-24

Last Checked

12-16-24

Assets

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Liabilities

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Docket

Last Updated
Dec 16, 2024
Last Entry Filed
Nov 20, 2024

Docket Entries by Month

There are 46 older docket entries.

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Dec 13, 2023 45 Order Approving Chapter 7 Trustee's Motion For Order: (1) Authorizing Sale Of Personal Property Free And Clear Of Liens, Claims, And Interests Pursuant To 11 U.S.C. Sections 363(b) And (f); (2) Approving Overbid Procedures; (3) Approving Buyer, Successful Bidder, And Back-Up Bidder As Good-Faith Purchaser Pursuant To 11 U.S.C. Section 363(m); And (4) Waiving Any Lodging Periods And Any Stay Of The Order On The Motion; IT IS ORDERED: 1. The Motion Is GRANTED. 2. The Terms Of The Sale Agreement Attached As Exhibit 2 To The Motion Are APPROVED. 3. The Overbid Procedures Are APPROVED. 4. The Sale Agreement And Overbid Procedures Are Fair And Reasonable. 5. The Trustee Is Authorized To Sell The Assets To The Buyer "As Is," "Where Is," "With All Faults," And Without Warranty Or Recourse, But Free And Clear Of Any And All Liens, Claims, And Interests, Pursuant To 11 U.S.C. Sections 363(b) And (f). The Sales Proceeds Will Not Be Disbursed Without Further Order Of This Court. 6. The Buyer Is A "Good Faith Purchaser" Pursuant To 11 U.S.C. Section 363(m). 7. The Trustee Is Authorized To Pay, From The Sale Proceeds, Any Tax Liability To The Estate From The Sale. 8. The Trustee Is Authorized To Take Any And All Necessary Actions To Consummate The Sale Of The Assets As Set Forth In The Sale Agreement, Including But Not Limited To, Or Required To Consummate, The Sale Agreement. 9. Authorizing The Trustee To Close The Megasys And Scan 123 Accounts Within 7 Days From Entry Of This Order. 10. The Fourteen-Day Stay Under Bankruptcy Procedure 6004(h) Is WAIVED. 11. The Lodging Periods Imposed By Local Bankruptcy Rule 9021-1 And Any Other Applicable Bankruptcy Rules Are WAIVED. - (BNC-PDF) (Related Doc # 38 ) Signed on 12/13/2023 (NB8) (Entered: 12/13/2023)
Dec 14, 2023 46 Hearing Held On Motion (RE: related document(s)38 Chapter 7 Trustee's Motion For Order: (1) Authorizing Sale Of Personal Property Free And Clear Of Liens, Claims, And Interests Pursuant To 11 U.S.C. Sections 363(b) And (f); (2) Approving Overbid Procedures; (3) Approving Buyer, Successful Bidder, And Back-Up Bidder As Good-Faith Purchaser Pursuant To 11 U.S.C. Section 363(m); And (4) Waiving Any Lodging Periods And Any Stay Of The Order On The Motion - No Fee filed by Trustee Weneta M.A. Kosmala (TR)) - ORDER BY ATTORNEY - MOTION GRANTED (NB8) (Entered: 12/14/2023)
Dec 15, 2023 47 BNC Certificate of Notice - PDF Document. (RE: related document(s)45 Order on Motion for Sale of Property under Section 363(b) (BNC-PDF)) No. of Notices: 1. Notice Date 12/15/2023. (Admin.) (Entered: 12/15/2023)
Jan 31 48 Notice of Increased Hourly Rates Charged by Golden Goodrich LLP With Proof of Service Filed by Trustee Weneta M.A. Kosmala (TR). (Golden, Jeffrey) (Entered: 01/31/2024)
Mar 20 49 Motion For Sale of Property of the Estate under Section 363(b) - No Fee Chapter 7 Trustee's Motion for Order Authorizing Sale of Claims Pursuant to 11 U.S.C. §§ 363(b) and (f) or, in the Alternative, Authorizing Abandonment of Claims Pursuant to 11 U.S.C. § 554; Memorandum of Points and Authorities; and Declaration of Weneta M.A. Kosmala with Proof of Service. Filed by Trustee Weneta M.A. Kosmala (TR) (Beall, Ryan) (Entered: 03/20/2024)
Mar 20 50 Notice of Hearing on Chapter 7 Trustee's Motion for Order Authorizing Sale of Claims Pursuant to 11 U.S.C. §§ 363(b) and (f) or, in the Alternative, Authorizing Abandonment of Claims Pursuant to 11 U.S.C. § 554 with Proof of Service. Filed by Trustee Weneta M.A. Kosmala (TR) (RE: related document(s)49 Motion For Sale of Property of the Estate under Section 363(b) - No Fee Chapter 7 Trustee's Motion for Order Authorizing Sale of Claims Pursuant to 11 U.S.C. §§ 363(b) and (f) or, in the Alternative, Authorizing Abandonment of Claims Pursuant to 11 U.S.C. § 554; Memorandum of Points and Authorities; and Declaration of Weneta M.A. Kosmala with Proof of Service. Filed by Trustee Weneta M.A. Kosmala (TR)). (Beall, Ryan) (Entered: 03/20/2024)
Mar 20 51 Notice of sale of estate property (LBR 6004-2) All the Estate's rght, title and interest in the Debtor's remaining assets, including (1) the right to collect California Department of Tax and Fee Administration refunds owed to the Debtor, and (2) any claims owned by the Debtor under the USBC, including, but not limited to avoidable transfer actions and preference actions under Section 544 and/or any claims against principals of the Debtor arising from Actions prior to the Closing Date/Trustee Filed by Trustee Weneta M.A. Kosmala (TR). (Beall, Ryan) (Entered: 03/20/2024)
Mar 21 52 Hearing Set (RE: related document(s)49 Chapter 7 Trustee's Motion For Order Authorizing Sale Of Claims Pursuant To 11 U.S.C. Sections 363(b) And (f) Or, In The Alternative, Authorizing Abandonment Of Claims Pursuant To 11 U.S.C. Section 554 - No Fee filed by Trustee Weneta M.A. Kosmala (TR)) The Hearing date is set for 4/23/2024 at 11:00 AM at Crtrm 5C, 411 W Fourth St., Santa Ana, CA 92701. The case judge is Scott C Clarkson (NB8) (Entered: 03/21/2024)
Apr 10 53 Notice of Hearing (Continued) on Chapter 7 Trustee's Motion for Order Authorizing Sale of Claims Pursuant to 11 U.S.C. §§ 363(b) and (f) or, in the Alternative, Authorizing Abandonment of Claims Pursuant to 11 U.S.C. § 554 with Proof of Service. Filed by Trustee Weneta M.A. Kosmala (TR) (RE: related document(s)49 Motion For Sale of Property of the Estate under Section 363(b) - No Fee Chapter 7 Trustee's Motion for Order Authorizing Sale of Claims Pursuant to 11 U.S.C. §§ 363(b) and (f) or, in the Alternative, Authorizing Abandonment of Claims Pursuant to 11 U.S.C. § 554; Memorandum of Points and Authorities; and Declaration of Weneta M.A. Kosmala with Proof of Service. Filed by Trustee Weneta M.A. Kosmala (TR)). (Beall, Ryan) (Entered: 04/10/2024)
Apr 10 54 Notice of sale of estate property (LBR 6004-2) All the Estate's rght, title and interest in the Debtor's remaining assets, including (1) the right to collect California Department of Tax and Fee Administration refunds owed to the Debtor, and (2) any claims owned by the Debtor under the USBC, including, but not limited to avoidable transfer actions and preference actions under Section 544 and/or any claims against principals of the Debtor arising from Actions prior to the Closing Date/Trustee Filed by Trustee Weneta M.A. Kosmala (TR). (Beall, Ryan) (Entered: 04/10/2024)
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Aug 5 64 Hearing Held On Motion (RE: related document(s)57 Chapter 7 Trustee's Motion For Order Authorizing Sale Of Claims Pursuant To 11 U.S.C. Sections 363(b) And (f) Or, In The Alternative, Authorizing Abandonment Of Claims Pursuant To 11 U.S.C. Section 554 - Fee filed by Trustee Weneta M.A. Kosmala (TR)) - ORDER BY ATTORNEY - MOTION GRANTED - ABANDONMENT AUTHORIZED. (NB8) (Entered: 08/05/2024)
Sep 9 65 Motion to Disallow Claims Chapter 7 Trustee's Motion for Order Disallowing Claims Pursuant to 11 U.S.C. § 502: (1) John Cymerint (Claim 8-1 and 9-1); Memorandum of Points and Authorities; Declaration of Ryan W. Beall in Support Including Exhibit A, Claims 8-1, 9-1 and Proof of Service. Filed by Trustee Weneta M.A. Kosmala (TR) (Beall, Ryan) (Entered: 09/09/2024)
Sep 9 66 Notice of Hearing on Objection Claim Including Attachments and Proof of Service. Filed by Trustee Weneta M.A. Kosmala (TR) (RE: related document(s)65 Motion to Disallow Claims Chapter 7 Trustee's Motion for Order Disallowing Claims Pursuant to 11 U.S.C. § 502: (1) John Cymerint (Claim 8-1 and 9-1); Memorandum of Points and Authorities; Declaration of Ryan W. Beall in Support Including Exhibit A, Claims 8-1, 9-1 and Proof of Service. Filed by Trustee Weneta M.A. Kosmala (TR)). (Beall, Ryan) (Entered: 09/09/2024)
Sep 9 67 Motion to Disallow Claims Chaoter 7 Trustee's Motion for Order Disallowing Duplicate Claim Pursuant to 11 U.S.C. § 502: (1) Barbara Merrill (Claims 1-1 and 2-1); Memorandum of Points and Authorities; Declaration of Ryan W. Beall in Support Including Claims 1-1, 2-1 and Proof of Service. Filed by Trustee Weneta M.A. Kosmala (TR) (Beall, Ryan) (Entered: 09/09/2024)
Sep 9 68 Notice of Hearing on Objection to Claim Including Attachments and Proof of Service. Filed by Trustee Weneta M.A. Kosmala (TR) (RE: related document(s)67 Motion to Disallow Claims Chaoter 7 Trustee's Motion for Order Disallowing Duplicate Claim Pursuant to 11 U.S.C. § 502: (1) Barbara Merrill (Claims 1-1 and 2-1); Memorandum of Points and Authorities; Declaration of Ryan W. Beall in Support Including Claims 1-1, 2-1 and Proof of Service. Filed by Trustee Weneta M.A. Kosmala (TR)). (Beall, Ryan) (Entered: 09/09/2024)
Sep 9 69 Hearing Set (RE: related document(s)65 Chapter 7 Trustee's Motion For Order Disallowing Claims Pursuant To 11 U.S.C. Section 502: 1. John Cymerint (Claims 8-1 And 9-1) filed by Trustee Weneta M.A. Kosmala (TR)) The Hearing date is set for 10/15/2024 at 11:00 AM at Crtrm 5C, 411 W Fourth St., Santa Ana, CA 92701. The case judge is Scott C Clarkson (NB8) (Entered: 09/09/2024)
Sep 9 70 Hearing Set (RE: related document(s)67 Chapter 7 Trustee's Motion For Order Disallowing Claim Pursuant To 11 U.S.C. Section 502: 1. Barbara Merrrill (Claims 1-1 And 2-1) filed by Trustee Weneta M.A. Kosmala (TR)) The Hearing date is set for 10/15/2024 at 11:00 AM at Crtrm 5C, 411 W Fourth St., Santa Ana, CA 92701. The case judge is Scott C Clarkson (NB8) (Entered: 09/09/2024)
Oct 9 71 Declaration That No Party Requested a Hearing on Motion (LBR 9013-1(o)(3)) Chapter 7 Trustee's Motion for Order Disallowing Claims Pursuant to 11 U.S.C. § 502: (1) John Cymerint (Claim 8-1 and 9-1) Including Attachments and Proof of Service. Filed by Trustee Weneta M.A. Kosmala (TR) (RE: related document(s)65 Motion to Disallow Claims Chapter 7 Trustee's Motion for Order Disallowing Claims Pursuant to 11 U.S.C. § 502: (1) John Cymerint (Claim 8-1 and 9-1); Memorandum of Points and Authorities; Declaration of Ryan W. Beall in Support Including Ex). (Beall, Ryan) (Entered: 10/09/2024)
Oct 9 72 Declaration That No Party Requested a Hearing on Motion (LBR 9013-1(o)(3)) Chaoter 7 Trustee's Motion for Order Disallowing Duplicate Claim Pursuant to 11 U.S.C. § 502: (1) Barbara Merrill (Claims 1-1 and 2-1) Including Attachments and Proof of Service. Filed by Trustee Weneta M.A. Kosmala (TR) (RE: related document(s)67 Motion to Disallow Claims Chaoter 7 Trustee's Motion for Order Disallowing Duplicate Claim Pursuant to 11 U.S.C. § 502: (1) Barbara Merrill (Claims 1-1 and 2-1); Memorandum of Points and Authorities; Declaration of Ryan W. Beall in Support). (Beall, Ryan) (Entered: 10/09/2024)
Oct 9 73 Order On Objjection To Claims. IT IS ORDERED: Claim No. 1-1 Filed By Barbara Merrill In The Amount Of $275,000.00 Is DISALLOWED As Having Been Superseded By Claim 2-1. (BNC-PDF) (Related Doc # 67) 1 Signed on 10/9/2024. (NB8) (Entered: 10/09/2024)

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Case Information

Court
California Central Bankruptcy Court
Case number
8:2023bk10794
Assets
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Liabilities
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Judge
Scott C Clarkson
Chapter
7
Filed
Apr 18, 2023
Type
voluntary
Updated
Dec 1, 2024
Last checked
Dec 16, 2024

Associated Cases

    Creditors

    Subscribe now or purchase this single case to see the full creditors list.
    Amanda Grey
    Barbara Merill
    Elizabeth Beresford
    Estate of T.F. Beresford
    Hilda E. Hoffman Trust
    Jeff Beresford
    John Cymerint
    Julie Mullen
    Julie Mullen
    Nancy Clarke & Mary J.T. Trust
    Ocean Insurance Co. Ltd.
    Renroc Insurance Co. LTR
    Theodore R. Beresford
    Vincent H. McNally

    Parties

    Debtor

    Tidalwave Finance Corporation
    1560 W. Brookhollow Dr. #201
    Santa Ana, CA 92705
    ORANGE-CA
    Tax ID / EIN: xx-xxx4626

    Represented By

    Christopher J Langley
    Shioda Langley & Chang LLP
    1063 E. Las Tunas Dr.
    91776
    San Gabriel, CA 91776
    951-383-3388
    Fax : 877-483-4434
    Email: chris@slclawoffice.com

    Trustee

    Weneta M.A. Kosmala (TR)
    c/o Law Offices of Weneta M.A. Kosmala
    4425 Jamboree Rd., Suite 183
    Newport Beach, CA 92660
    (714) 708-8190

    Represented By

    Ryan W Beall
    Golden Goodrich LLP
    3070 Bristol St
    Ste 640
    Costa Mesa, CA 92626
    714-966-1000
    Fax : 714-966-1002
    Email: rbeall@go2.law
    Jeffrey I Golden
    Golden Goodrich LLP
    650 Town Center Drive
    Ste 600
    Costa Mesa, CA 92626
    714-966-1000
    Email: jgolden@go2.law

    U.S. Trustee

    United States Trustee (SA)
    411 W Fourth St., Suite 7160
    Santa Ana, CA 92701-4593
    (714) 338-3400

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