Case number: 8:24-bk-12738 - Newport Ventures, LLC - California Central Bankruptcy Court

Case Information
  • Case title

    Newport Ventures, LLC

  • Court

    California Central (cacbke)

  • Chapter

    11

  • Judge

    Theodor Albert

  • Filed

    10/26/2024

  • Last Filing

    03/30/2025

  • Asset

    Yes

  • Vol

    v

Docket Header
DsclsDue, PlnDue, Incomplete



U.S. Bankruptcy Court
Central District of California (Santa Ana)
Bankruptcy Petition #: 8:24-bk-12738-TA

Assigned to: Theodor Albert
Chapter 11
Voluntary
Asset


Date filed:  10/26/2024
341 meeting:  12/03/2024
Deadline for objecting to discharge:  01/27/2025

Debtor

Newport Ventures, LLC

1442 E Lincoln Ave Ste 363
Orange, CA 92865
ORANGE-CA
6198900765
Tax ID / EIN: 84-5101765

represented by
Evelina Gentry

Akerman LLP
633 West Fifth Street
Suite 6400
Los Angeles, CA 90071
213-533-5975
Email: evelina.gentry@akerman.com

Steven M Kries

American Colonial Capital
8059 S. Elk Way
Aurora, CO 80016
619-890-0765
Email: skries@acc.capital

Mark S Lichtenstein

Akerman LLP
1251 Avenue of the Americas 37th Fl
New York, NY 10020
212-80-3800
Email: mark.lichtenstein@akerman.com

David W Parham

Akerman, LLP
2001 Ross Avenue, Suite 3600
Dallas, TX 75201
214-720-4300
Fax : 214-918-9339
Email: david.parham@akerman.com

Leah S Siaontz

Three Brickell City Centre
98 Southeast Seventh St Ste 1100
Miami, FL 33131
305-374-5600
Fax : 305-374-5095
Email: leah.saiontz@akerman.com

Laura Taveras

Akerman, LLP
2001 Ross Avenue, Suite 3600
Dallas, TX 75201
214-720-4300
Fax : 214-981-9339
Email: laura.taveras@akerman.com

U.S. Trustee

United States Trustee (SA)

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

represented by
Kenneth Misken

DOJ-UST
Office of the United States Trustee
411 W. Fourth St, #7160
Santa Ana, CA 92701
714-338-3405
Email: Kenneth.M.Misken@usdoj.gov
TERMINATED: 01/08/2025

Queenie K Ng

411 West Fourth St.
Suite 7160
Santa Ana, CA 92701
714-338-3403
Fax : 714-338-3421
Email: queenie.k.ng@usdoj.gov

Creditor Committee

SM Delta North LLC

David Miller
2118 Wilshire Blvd #601
Santa Monica, CA 90403
(310) 980-3736

 
 
Creditor Committee

Scape Sol Landscaping

Phat Gia Phan
4331 W Wagon Trail Dr
Denver, CO 80123
(303) 810-0337

 
 
Creditor Committee

Official Committee Of Unsecured Creditors


represented by
Melissa Davis Lowe

Shulman Bastian Friedman & Bui LLP
100 Spectrum Ctr Dr Ste 600
Irvine, CA 92618
949-340-3400
Fax : 949-340-3000
Email: mlowe@shulmanbastian.com

David Swan

Hirschler Fleischer, PC
1676 International Dr., Ste. 1350
Tysons, VA 22102
703-584-8900

Creditor Committee

Jay Zimmerman

873 Ticonderoga Dr
Sunnyvale, CA 94087
(650) 743-7844
 
 

Latest Dockets

Date Filed#Docket Text
03/31/2025347Notice of Hearing Adjournment of Final Hearing on Debtor's Amended Emergency Motion for Entry of Interim and Final Orders (i) Authorizing Debtor to (a) Pay Prepetition Wages, Salaries, and Other Compensation and (b) Continue Employee Benefits [ECF #22] and Debtor's Amended Emergency Motion for Order for Entry of Order (i) Authorizing the Debtor to Maintain, Renew, or Supplement Insurance Policy [ECF #23] to April 8, 2025 at 11:00 a.m. Filed by Debtor Newport Ventures, LLC. (Gentry, Evelina)
03/30/2025346BNC Certificate of Notice - PDF Document. (RE: related document(s)[343] Order on Amended Motion (BNC-PDF)) No. of Notices: 2. Notice Date 03/30/2025. (Admin.)
03/28/2025345BNC Certificate of Notice - PDF Document. (RE: related document(s)[340] Motion for relief from automatic stay ACTION IN NON-BANKRUPTCY FORUM (BNC-PDF)) No. of Notices: 2. Notice Date 03/28/2025. (Admin.)
03/28/2025344Declaration re: of Steven Kreis in Support of Sale of Certain Assets of Debtor's Estate Filed by Debtor Newport Ventures, LLC (RE: related document(s)[314] Amended Motion (related document(s): [312] Motion for Order Approving (I) Bidding Procedures and (II)Sale filed by Debtor Newport Ventures, LLC) , [343] Order on Amended Motion (BNC-PDF)). (Gentry, Evelina)
03/28/2025343Order Granting (A) Authorizing The Sale Free And Clear Of Liens, Claims, Interests, And Other Interests; (B) Approving The Assumption And Assignment Of Executory Contracts And Unexpired Leases Related Thereto; And (C) Granting Related Relief (BNC-PDF) (Related Doc # [314]) - NOW, THEREFORE, IT IS HEREBY ORDERED THAT: 1. The Sale Motion is GRANTED as set forth herein; 2. Notice of the Sale Motion, the Auction, the Sale Hearing And The Sale was fair and equitable under the circumtances and complied in all respects with the Bidding Procedures, sections 102(1), and 363 of the Bankruptcy Code, and Bankruptcy Rules 2002, 6004, 6006, 9006, and 9007 - PLEASE SEE ORDER FOR FURTHER RULING - Signed on 3/28/2025 (GD)
03/28/2025342Notice of Filing Revised Asset Purchase Agreement as Exhibit A to Third Supplemental Declaration of Allen Soong Filed by Debtor Newport Ventures, LLC (RE: related document(s)[335] Declaration re: (Third Supplemental) of Allen Soong in Support of Amended Emergency Motion for Order Approving (I) Bidding Procedures and (II) Sale Filed by Debtor Newport Ventures, LLC (RE: related document(s)[328] Declaration). (Attachments: # 1 Exhibit A - Asset Purchase Agreement (Clean and Redline) # 2 Exhibit B - (Proposed) Sale Order (Clean and Redline))). (Gentry, Evelina)
03/27/2025341Exhibit A to Supplemental Declaration of Allen Soong-Amended Filed by Debtor Newport Ventures, LLC (RE: related document(s)[328] Declaration). (Gentry, Evelina)
03/26/2025340Order Granting motion for relief from automatic stay ACTION IN NON-BANKRUPTCY FORUM - SETTLED BY STIPULATION (BNC-PDF) (Related Doc # [160]) Signed on 3/26/2025 (GD)
03/25/2025339Hearing Held (RE: related document(s)[314] Debtor's Amended Emergency Motion For The Entry Of Order I) Approving Asset Purchase Agreement, (II) Approving Bidding and Related Procedures, (III) Scheduling Certain Hearing Dates Related Thereto, (IV) Approving Form of Notice) And (B) Approving (ii) The Sale Free And Clear Of Liens, Claims And Encumbrances To The Successful Bidder, And (ii) The Assumption And Assignment Of Unexpired Leases And Executory Contracts (cont'd from 3-20-25) filed by Debtor Newport Ventures, LLC) - Motion is granted as set forth on the record. Movant to submit order. (GD)
03/25/2025338Proof of service of (i) Notice of Succesful Bidder; and (ii) Third Supplemental Declaration Filed by Debtor Newport Ventures, LLC (RE: related document(s)[334] Notice, [335] Declaration). (Gentry, Evelina)