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Toolots Inc.

COURT
California Central Bankruptcy Court
CASE NUMBER
2:2024bk10893
TYPE / CHAPTER
Voluntary / 11V

Filed

2-6-24

Updated

10-27-24

Last Checked

3-1-24

Assets

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Liabilities

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Docket

Last Updated
Feb 12, 2024
Last Entry Filed
Feb 10, 2024

Docket Entries by Month

Feb 6 1 Petition Chapter 11 Subchapter V Voluntary Petition Non-Individual. Fee Amount $1738 Filed by Toolots Inc. Declaration About an Individual Debtors Schedules (Form 106Dec) due 02/20/2024. Statement of Financial Affairs (Form 107 or 207) due 02/20/2024. Declaration by Debtors as to Whether Income was Received from an Employer within 60-Days of the Petition Date (LBR Form F1002-1) due by 02/20/2024. Incomplete Filings due by 02/20/2024. Chapter 11 Plan Subchapter V Due by 05/6/2024. (Langley, Christopher) (Entered: 02/06/2024)
Feb 6 Receipt of Voluntary Petition (Chapter 11)( 2:24-bk-10893) [misc,volp11] (1738.00) Filing Fee. Receipt number A56460251. Fee amount 1738.00. (re: Doc# 1) (U.S. Treasury) (Entered: 02/06/2024)
Feb 7 2 Addendum to voluntary petition to remove Subchapter V designation Filed by Debtor Toolots Inc.. (Langley, Christopher) (Entered: 02/07/2024)
Feb 7 3 Updated Debtor's Election to Non-Small Business Non-Subchapter V. 2. (LL2) (Entered: 02/07/2024)
Feb 7 Set Case Commencement Deficiency Deadlines (def/deforco) (RE: related document(s)1 Voluntary Petition (Chapter 11) filed by Debtor Toolots Inc.) Declaration Under Penalty of Perjury for Non-Individual Debtors (Form 202) due 2/20/2024. Statement of Financial Affairs (Form 107 or 207) due 2/20/2024. Incomplete Filings due by 2/20/2024. (SF) (Entered: 02/07/2024)
Feb 7 4 Notice of Case Deficiency Under 11 U.S.C. Sec. 521(a)(1) and Bankruptcy Rule 1007 (BNC) (RE: related document(s)1 Voluntary Petition (Chapter 11) filed by Debtor Toolots Inc.) (SF) (Entered: 02/07/2024)
Feb 7 5 Order setting initial status conference in chapter 11 case (BNC-PDF) Signed on 2/7/2024. Status hearing to be held on 4/30/2024 at 10:00 AM at Crtrm 1668, 255 E Temple St., Los Angeles, CA 90012. The case judge is Barry Russell (SF) (Entered: 02/07/2024)
Feb 7 6 Hearing Set Status hearing to be held on 4/30/2024 at 10:00 AM at Crtrm 1668, 255 E Temple St., Los Angeles, CA 90012. The case judge is Barry Russell (SF) (Entered: 02/07/2024)
Feb 7 7 Request for courtesy Notice of Electronic Filing (NEF) Filed by Brown, Ronald. (Brown, Ronald) (Entered: 02/07/2024)
Feb 7 8 Motion to Use Cash Collateral DEBTOR AND DEBTORS-INPOSSESSION EMERGENCY MOTION FOR ORDER AUTHORIZING USE OF CASH COLLATERAL AND AUTHORIZING CONTINUED MAINTENANCE OF EXISTING BANK ACCOUNTS FOR A LIMITED PERIOD PURSUANT TO 11 U.S.C. §§ 105, 345, & 363 Filed by Debtor Toolots Inc. (Langley, Christopher) (Entered: 02/07/2024)
Feb 7 9 Emergency motion DEBTOR AND DEBTOR-INPOSSESSIONS EMERGENCY MOTION FOR ORDER: (1) HONORING PRE-PETITION PAYROLL OBLIGATIONS WHICH WERE AUTHORIZED, ISSUED, AND DEPOSITED PRE-PETITION; AND (2) AUTHORITY TO CONTINUE EMPLOYEE COMPENSATION AND PAYROLL OBLIGATIONS IN THE ORDINARY COURSE OF BUSINESS Filed by Debtor Toolots Inc. (Langley, Christopher) (Entered: 02/07/2024)
Feb 7 10 Emergency motion DEBTORS EMERGENCY MOTION FOR ORDER (A) PROHIBITING UTILITY PROVIDERS FROM ALTERING, REFUSING OR DISCONTINUING SERVICE, AND (B) ESTABLISHING PROCEDURES FOR ADEQUATE ASSURANCE OF PAYMENT UNDER SECTION 366 OF THE BANKRUPTCY CODE Filed by Debtor Toolots Inc. (Langley, Christopher) (Entered: 02/07/2024)
Feb 7 11 Hearing Set (RE: related document(s)8 Motion to Use Cash Collateral filed by Debtor Toolots Inc.) The Hearing date is set for 2/13/2024 at 11:30 AM at Crtrm 1668, 255 E Temple St., Los Angeles, CA 90012. The case judge is Barry Russell Written opposition to the motion is due February 9th by 3 p.m.; Written reply to the opposition is due 2/12/2024 by 3 p.m.(SF) (Entered: 02/07/2024)
Feb 7 12 Hearing Set (RE: related document(s)9 Emergency motion filed by Debtor Toolots Inc.) The Hearing date is set for 2/13/2024 at 11:30 AM at Crtrm 1668, 255 E Temple St., Los Angeles, CA 90012. The case judge is Barry Russell Written opposition to the motion is due 2/9/2024 by 3 p.m.; Written reply to the opposition is due by 2/12/2024 by 3 p.m. (SF) (Entered: 02/07/2024)
Feb 7 13 Hearing Set (RE: related document(s)10 Emergency motion filed by Debtor Toolots Inc.) The Hearing date is set for 2/13/2024 at 11:30 AM at Crtrm 1668, 255 E Temple St., Los Angeles, CA 90012. The case judge is Barry Russell Written opposition to the motion is due February 9, 2024 by 3 p.m.; Written reply to the opposition is due by February 12, 2024 by 3 p.m.(SF) (Entered: 02/07/2024)
Feb 8 14 Meeting of Creditors 341(a) meeting to be held on 3/11/2024 at 10:00 AM at UST-LA2, TELEPHONIC MEETING. CONFERENCE LINE:1-866-816-0394, PARTICIPANT CODE:5282999. Last day to oppose discharge or dischargeability is 5/10/2024. (LL2) (Entered: 02/08/2024)
Feb 8 15 Notice of Hearing Filed by Debtor Toolots Inc. (RE: related document(s)8 Motion to Use Cash Collateral DEBTOR AND DEBTORS-INPOSSESSION EMERGENCY MOTION FOR ORDER AUTHORIZING USE OF CASH COLLATERAL AND AUTHORIZING CONTINUED MAINTENANCE OF EXISTING BANK ACCOUNTS FOR A LIMITED PERIOD PURSUANT TO 11 U.S.C. §§ 105, 345, & 363 Filed by Debtor Toolots Inc., 9 Emergency motion DEBTOR AND DEBTOR-INPOSSESSIONS EMERGENCY MOTION FOR ORDER: (1) HONORING PRE-PETITION PAYROLL OBLIGATIONS WHICH WERE AUTHORIZED, ISSUED, AND DEPOSITED PRE-PETITION; AND (2) AUTHORITY TO CONTINUE EMPLOYEE COMPENSATION AND PAYROLL OBLIGATIONS IN THE ORDINARY COURSE OF BUSINESS Filed by Debtor Toolots Inc., 10 Emergency motion DEBTORS EMERGENCY MOTION FOR ORDER (A) PROHIBITING UTILITY PROVIDERS FROM ALTERING, REFUSING OR DISCONTINUING SERVICE, AND (B) ESTABLISHING PROCEDURES FOR ADEQUATE ASSURANCE OF PAYMENT UNDER SECTION 366 OF THE BANKRUPTCY CODE Filed by Debtor Toolots Inc.). (Langley, Christopher) (Entered: 02/08/2024)

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Case Information

Court
California Central Bankruptcy Court
Case number
2:2024bk10893
Assets
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Liabilities
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Judge
Barry Russell
Chapter
11V
Filed
Feb 6, 2024
Type
voluntary
Terminated
Oct 22, 2024
Updated
Oct 27, 2024
Last checked
Mar 1, 2024

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    Parties

    Debtor

    Toolots Inc.
    17785 Center Ct. Dr. N. Ste 305
    Cerritos, CA 90703
    LOS ANGELES-CA
    Tax ID / EIN: xx-xxx1511

    Represented By

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

    U.S. Trustee

    United States Trustee (LA)
    915 Wilshire Blvd, Suite 1850
    Los Angeles, CA 90017
    (213) 894-6811

    Represented By

    Ron Maroko
    915 Wilshire Blvd., Ste 1850
    Los Angeles, CA 90017
    213-894-4520
    Fax : 213-894-2603
    Email: ron.maroko@usdoj.gov

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