Case number: 1:22-bk-10681 - Allen & Handy Investments LLC - Massachusetts Bankruptcy Court

Case Information
  • Case title

    Allen & Handy Investments LLC

  • Court

    Massachusetts (mabke)

  • Chapter

    11

  • Judge

    Janet E. Bostwick

  • Filed

    05/17/2022

  • Last Filing

    09/26/2022

  • Asset

    Yes

  • Vol

    v

Docket Header
NTCAPR, DsclsDue, PlnDue



United States Bankruptcy Court
District of Massachusetts (Boston)
Bankruptcy Petition #: 22-10681

Assigned to: Judge Janet E. Bostwick
Chapter 11
Voluntary
Asset


Date filed:  05/17/2022
341 meeting:  06/15/2022

Debtor

Allen & Handy Investments LLC

124 Greenwood St.
Boston, MA 02121
Tax ID / EIN: 81-2569316

represented by
Michael Van Dam

Van Dam Law LLP
233 Needham Street
Suite 540
Newton, MA 02464
617-969-2900
Fax : 617-964-4631
Email: mvandam@vandamlawllp.com

Assistant U.S. Trustee

John Fitzgerald

Office of the US Trustee
J.W. McCormack Post Office & Courthouse
5 Post Office Sq., 10th Fl, Suite 1000
Boston, MA 02109
represented by
Heather Sprague

US Dept of Justice
Office of the US Trustee
5 PO Square
Suite 1000
Boston, MA 02109-3934
617 788 0400
Email: Heather.Sprague@usdoj.gov

Latest Dockets

Date Filed#Docket Text
06/07/2022Telephonic Meeting Information for Section 341 Meeting of Creditors: Dial-in Number: (877) 369-9123 Participant Code: 8635039#. For International Call Information Please Contact the Trustee. (Sprague, Heather) (Entered: 06/07/2022)
06/03/202225Notice of Appearance and Request for Notice by John Houton with certificate of service filed by Creditor City of Boston Treasury Department (Houton, John) (Entered: 06/03/2022)
06/02/202224Equity Security Holders , Statement of Financial Affairs for Non-Individual (Re: 4 Order to Update) filed by Debtor Allen & Handy Investments LLC (Van Dam, Michael) (Entered: 06/02/2022)
06/02/202223Summary of Assets and Liabilities Schedules for Non-Individual , Declaration Under Penalty of Perjury filed by Debtor Allen & Handy Investments LLC (Van Dam, Michael) (Entered: 06/02/2022)
06/02/202222Disclosure of Compensation of Attorney Michael Van Dam in the amount of $1,662.00. Plus $1,738.00 paid to debtor`s counsel for court filing fees filed by Debtor Allen & Handy Investments LLC (Van Dam, Michael) (Entered: 06/02/2022)
06/02/202221Schedules A-H. filed by Debtor Allen & Handy Investments LLC (Van Dam, Michael) (Entered: 06/02/2022)
06/01/202220Certificate of Service (Re: 18 Order on Motion to Use Cash Collateral) filed by Debtor Allen & Handy Investments LLC (Van Dam, Michael) (Entered: 06/01/2022)
05/27/202219Statement of Resolution filed by Debtor Allen & Handy Investments LLC (Van Dam, Michael) (Entered: 05/27/2022)
05/25/202218Proceeding Memorandum and Order dated 5/25/2022 [Re: 7 Expedited Motion filed by Debtor Allen & Handy Investments LLC for Authorizing of (1) Use of Cash Collateral, (2) Granting Replacement Liens as Adequate Protection, and (3) Additional Relief]. HEARING HELD. FOR THE REASONS SET FORTH ON THE RECORD, THE MOTION IS
GRANTED
ON AN INTERIM BASIS AS FOLLOWS: 1. THE DEBTOR IS AUTHORIZED TO USE CASH COLLATERAL AS DEFINED UNDER SECTION 363 OF THE CODE ("CASH COLLATERAL") THROUGH AND INCLUDING JUNE 22, 2022. THE DEBTOR'S USE OF CASH COLLATERAL IS LIMITED TO NO MORE THAN $100 FOR REPAIRS. THE DEBTOR SHALL SEGREGATE THE BALANCE OF THE CASH COLLATERAL AS REQUIRED UNDER SECTION 363. 2. AS ADEQUATE PROTECTION FOR ANY DIMINUTION IN ITS INTEREST DUE TO THE USE OF CASH COLLATERAL, STONINGTON CAPITAL LLC IS GRANTED REPLACEMENT LIENS IN POSTPETITION ASSETS OF THE SAME KIND, TYPE, AND NATURE AS THE PREPETITION COLLATERAL OF STONINGTON AND ANY PROCEEDS THEREOF. SUCH LIENS SHALL HAVE THE SAME PRIORITY AS THE PREPETITION LIENS OF STONINGTON AND SHALL BE DEEMED VALID, ENFORCEABLE AND PERFECTED ONLY TO THE EXTENT THAT THE PREPETITION LIENS OF STONINGTON ARE VALID, ENFORCEABLE AND PERFECTED. NOTHING HEREIN CONSTITUTES A DETERMINATION OF THE VALIDITY, ENFORCEABILITY, PERFECTION OR PRIORITY OF ANY LIENS. 3. THE COURT WILL HOLD A CONTINUED NONEVIDENTIARY HEARING ON THE MOTION BY VIDEO ON JUNE 21, 2022, AT 11:30 A.M. THE ORDER REGARDING PROCEDURES FOR HEARINGS BY VIDEO DATED MAY 20, 2022, SHALL GOVERN THE HEARING. ANY PRO SE PARTIES OR COUNSEL MUST PROVIDE THE NOTICE OF PARTICIPATION REQUIRED UNDER PARAGRAPH II, 2 OF THE ORDER BY JUNE 17, 2022, 12:00 P.M., TO THE COURTROOM DEPUTY, REGINA BROOKS, AT REGINA_BROOKS@MAB.USCOURTS.GOV. 4. ANY OBJECTIONS TO THE MOTION SHALL BE FILED BY JUNE 16, 2022, AT 4:30 P.M. 5. THE DEBTOR SHALL BY JUNE 17, 2022, FILE (A) A RECONCILIATION OF ACTUAL INCOME AND EXPENSES ON A CASH BASIS TO THE BUDGETED INCOME AND EXPENSES FOR THE PERIOD THROUGH JUNE 10, 2022, AND (B) IF APPROPRIATE, AN UPDATED PROJECTED BUDGET THROUGH SEPTEMBER 30, 2022. 6. NOTHING HEREIN SHALL PRECLUDE ANY CREDITOR OR PARTY IN INTEREST FROM TIMELY OBJECTING TO THE MOTION PRIOR TO A FINAL HEARING, OR ANY PARTY FROM OBJECTING TO THE VALIDITY, PERFECTION OR ENFORCEABILITY OF THE PREPETITION SECURITY INTERESTS OR THE CLAIMS OF ANY SECURED CREDITOR. NO SUCH OBJECTION SHALL AFFECT THE GRANT OF SECURITY FOR ANY CASH COLLATERAL ACTUALLY USED PRIOR TO THE FINAL HEARING, EXCEPT TO THE EXTENT IT IS SUBSEQUENTLY DETERMINED THAT A SECURED CREDITOR DOES NOT HOLD A VALID, PERFECTED AND ENFORCEABLE PREPETITION SECURITY INTEREST. 7. THE DEBTOR SHALL BY MAY 31, 2022, SERVE A COPY OF THIS ORDER ON ALL PARTIES ENTITLED TO NOTICE AND FILE A CERTIFICATE OF SERVICE. IF THE DEBTOR FAILS TO DO SO, THE COURT WILL TAKE SUCH ACTION AS IS APPROPRIATE. (ag) (Entered: 05/25/2022)
05/25/2022Hearing Held and Continued for 6/21/2022 at 11:30 AM at Video Hearing (Re: 7 Expedited Motion filed by Debtor Allen & Handy Investments LLC for Authorizing of (1) Use of Cash Collateral, (2) Granting Replacement Liens as Adequate Protection, and (3) Additional Relief). (ag) (Entered: 05/25/2022)