Case number: 1:25-bk-10669 - Solid Financial Technologies, Inc. - Delaware Bankruptcy Court

Case Information
  • Case title

    Solid Financial Technologies, Inc.

  • Court

    Delaware (debke)

  • Chapter

    11

  • Judge

    Brendan Linehan Shannon

  • Filed

    04/07/2025

  • Last Filing

    04/28/2025

  • Asset

    Yes

  • Vol

    v

Docket Header
SealedDoc(s), PlnDue, Subchapter_V, LeadSC, SEALEDMATRIX, CLMSAGNT



U.S. Bankruptcy Court
District of Delaware (Delaware)
Bankruptcy Petition #: 25-10669-BLS

Assigned to: Brendan Linehan Shannon
Chapter 11
Voluntary
Asset

Date filed:  04/07/2025
341 meeting:  05/07/2025
Deadline for filing claims:  06/06/2025
Deadline for filing claims (govt.):  10/04/2025

Debtor

Solid Financial Technologies, Inc.

380 Portage Ave
Palo Alto, CA 94306
SANTA CLARA-CA
Tax ID / EIN: 83-2728838
aka
Wise Company


represented by
Marcy J. McLaughlin Smith

Womble Bond Dickinson (US) LLP
Hercules Plaza
1313 N Market Street
Suite 1200
Wilmington, DE 19801
302-252-4378
Email: marcy.smith@wbd-us.com

Matthew P. Ward

Womble Bond Dickinson (US) LLP
1313 North Market Street
Suite 1200
Wilmington, DE 19801
302.252.4338
Fax : 302.661.7711
Email: matthew.ward@wbd-us.com

Trustee

Jami B Nimeroff

Brown Nimeroff LLC
18 Kings Highway West
Haddonfield, NJ 08033
302-428-8142

 
 
U.S. Trustee

U.S. Trustee

Office of the United States Trustee
J. Caleb Boggs Federal Building
844 King Street, Suite 2207
Lockbox 35
Wilmington, DE 19801
(302)-573-6491

represented by
Hannah J McCollum

Office of the United States Trustee
U. S. Department of Justice
844 King Street, Suite 2207
Lockbox #35
Wilmington, DE 19801
302-573-6491
Fax : 302-573-6497
Email: hannah.mccollum@usdoj.gov

Claims Agent

Omni Agent Solutions, Inc.

www.omniagentsolutions.com
5955 DeSoto Avenue, Suite #100
Woodland Hills, CA 91367
818-906-8300
 
 

Latest Dockets

Date Filed#Docket Text
04/23/202534Affidavit/Declaration of Service re: Debtors Motion for Entry of an Order (I) Approving the Bidding Procedures, (II) Approving Certain Bidding Protections in Connection With the Sale of the Debtors Assets, (III) Scheduling the Bid Deadline and the Auction, (IV) Approving the Form and Manner of Notice Thereof, and (V) Granting Related Relief [Docket No. 24], Application of the Debtor for Entry of an Order Under 11 U.S.C. §§ 327, 328, 330 and 331 Authorizing the Employment and Retention of Rock Creek Advisors, LLC, as Financial Advisor and Sales Agent for the Debtor, Effective Nunc Pro Tunc to the Petition Date [Docket No. 25], Debtors Motion for Entry of an Order (I) Authorizing Debtor to Retain and Compensate Professionals Utilized in the Ordinary Course of Business; and (II) Granting Related Relief [Docket No. 26], and Application of the Debtor for an Order Under 11 U.S.C. §§ 327(a) and 328(a), Fed. R. Bankr. P. 2014 and 2016, and Del. Bankr. L.R. 2014-1 and 2016-1 Authorizing and Approving the Employment and Retention of Womble Bond Dickinson (US) LLP as Counsel Nunc Pro Tunc to the Petition Date [Docket No. 27]. Filed by Omni Agent Solutions, Inc.. (related document(s)24, 25, 26, 27) (Lowry, Randy) (Entered: 04/23/2025)
04/22/202533Affidavit/Declaration of Service re: Debtors Motion for Entry of Interim and Final Orders (I) Authorizing the Redaction of Certain Personally Identifiable Information of Individuals from the List of Creditors and Certain Other Filings; (II) Approving the Manner and Timing of Notifying Current and Former Shareholders of the Commencement of the Chapter 11 Case; and (III) Granting Related Relief [Docket No. 6], Application of Debtor for Entry of an Order (I) Authorizing and Approving the Appointment of Omni Agent Solutions, Inc. as Claims and Noticing Agent Effective as of the Petition Date and (II) Granting Related Relief [Docket No. 7], Debtors Motion for Entry of Interim and Final Orders (I) Authorizing, But Not Directing, the Debtor to (A) Pay Prepetition Employee and Independent Contractor Wages, Salaries, Other Compensation, and Reimbursable Expenses and (B) Continue Employee Benefits Programs and (II) Granting Related Relief [Docket No. 8], Debtors Motion for Entry of Interim and Final Orders (I) Authorizing the Debtor to (A) Continue to Operate Its Cash Management System, (B) Honor Certain Prepetition Obligations Related Thereto, (C) Maintain Existing Business Forms; (II) Authorizing Continued Performance of Intercompany Transactions in the Ordinary Course of Business; and (III) Granting Related Relief [Docket No. 9], Declaration of Arjun Thyagarajan in Support of the Debtors Chapter 11 Petition, First Day Motions and Related Filings [Docket No. 12], Interim Order (I) Authorizing the Debtor to (A) Continue to Operate Its Cash Management System, (B) Honor Certain Prepetition Obligations Related Thereto, (C) Maintain Existing Business Forms; (II) Authorizing Continued Performance of Intercompany Transactions in the Ordinary Course of Business; and (III) Granting Related Relief [Docket No. 18], Interim Order (I) Authorizing, But Not Directing, the Debtor to (A) Pay Prepetition Employee and Independent Contractor Wages, Salaries, Other Compensation, and Reimbursable Expenses and (B) Continue Employee Benefits Programs and (II) Granting Related Relief [Docket No. 19], Order (I) Authorizing and Approving the Appointment of Omni Agent Solutions, Inc. as Claims and Noticing Agent as of the Petition Date and (II) Granting Related Relief [Docket No. 20], Interim Order (I) Authorizing the Redaction of Certain Personally Identifiable Information of Individuals from the List of Creditors and Certain Other Filings (II) Approving the Manner and Timing of Notifying Current and Former Shareholders of the Commencement of the Chapter 11 Case; and (III) Granting Related Relief [Docket No. 21], and Omnibus Notice of Second Day Hearing to Be Held on May 6, 2025 at 11:30 A.M. (ET) [Docket No. 22]. Filed by Omni Agent Solutions, Inc.. (related document(s)6, 7, 8, 9, 12, 18, 19, 20, 21, 22) (Lowry, Randy) (Entered: 04/22/2025)
04/22/202532Motion for Order Establishing Procedures for Interim Compensation and Reimbursement of Expenses of Professionals Filed by Solid Financial Technologies, Inc.. Hearing scheduled for 5/6/2025 at 11:30 AM at US Bankruptcy Court, 824 Market St., 6th Fl., Courtroom #1, Wilmington, Delaware. Objections due by 4/29/2025. (Attachments: # 1 Notice of Hearing # 2 Exhibit A (Proposed Order)) (Ward, Matthew) (Entered: 04/22/2025)
04/21/202531List of Creditors // Notice of Filing the Amended Redacted Creditor Matrix. Filed by Solid Financial Technologies, Inc.. (McLaughlin Smith, Marcy) (Entered: 04/21/2025)
04/21/202530[SEALED] List of Creditors // Notice of Filing the Amended Sealed Creditor Matrix. Filed by Solid Financial Technologies, Inc.. (McLaughlin Smith, Marcy) (Entered: 04/21/2025)
04/21/202529Equity Security Holders // List of Equity Security Holders Filed by Solid Financial Technologies, Inc.. (McLaughlin Smith, Marcy) (Entered: 04/21/2025)
04/16/202528Notice of Meeting of Creditors/Commencement of Case (The 341 Meeting will be held telephonically: 1-866-621-1355; Participant Code: 7178157# Filed by Solid Financial Technologies, Inc.. 341(a) meeting to be held on 5/7/2025 at 11:00 AM (check with U.S. Trustee for location). Objection 523 due by 7/7/2025. Proofs of Claims due by 6/6/2025. Government Proof of Claim due by 10/4/2025. (McLaughlin Smith, Marcy) (Entered: 04/16/2025)
04/15/202527Application/Motion to Employ/Retain Womble Bond Dickinson (US) LLP as Counsel for the Debtor Filed by Solid Financial Technologies, Inc.. Hearing scheduled for 5/6/2025 at 11:30 AM at US Bankruptcy Court, 824 Market St., 6th Fl., Courtroom #1, Wilmington, Delaware. Objections due by 4/29/2025. (Attachments: # 1 Notice # 2 Exhibit A (Ward Declaration) # 3 Exhibit B (Thyagarajan Declaration) # 4 Exhibit C (Proposed Order)) (Ward, Matthew) (Entered: 04/15/2025)
04/15/202526Motion to Authorize // Debtor's Motion for Entry of an Order (I) Authorizing Debtor to Retain and Compensate Professionals Utilized in the Ordinary Course of Business; and (II) Granting Related Relief. Filed by Solid Financial Technologies, Inc.. Hearing scheduled for 5/6/2025 at 11:30 AM at US Bankruptcy Court, 824 Market St., 6th Fl., Courtroom #1, Wilmington, Delaware. Objections due by 4/29/2025. (Attachments: # 1 Notice # 2 Exhibit A (Proposed Order)) (Ward, Matthew) (Entered: 04/15/2025)
04/15/202525Application/Motion to Employ/Retain Rock Creek Advisors, LLC as Financial Advisor and Sales Agent Filed by Solid Financial Technologies, Inc.. Hearing scheduled for 5/6/2025 at 11:30 AM at US Bankruptcy Court, 824 Market St., 6th Fl., Courtroom #1, Wilmington, Delaware. Objections due by 4/29/2025. (Attachments: # 1 Notice # 2 Exhibit A (Proposed Order) # 3 Exhibit B # 4 Exhibit C (Ayers Declaration)) (Ward, Matthew) (Entered: 04/15/2025)