Case number: 2:25-bk-10534 - Tru-Val Electric Corporation - New Jersey Bankruptcy Court

Case Information
  • Case title

    Tru-Val Electric Corporation

  • Court

    New Jersey (njbke)

  • Chapter

    7

  • Judge

    Stacey L. Meisel

  • Filed

    01/17/2025

  • Last Filing

    04/02/2025

  • Asset

    Yes

  • Vol

    v

Docket Header
U.S. Bankruptcy Court
District of New Jersey (Newark)
Bankruptcy Petition #: 25-10534-SLM

Assigned to: Judge Stacey L. Meisel
Chapter 7
Voluntary
Asset


Date filed:  01/17/2025
341 meeting:  02/20/2025
Deadline for filing claims:  05/20/2025

Debtor

Tru-Val Electric Corporation

85 Orient Way
Rutherford, NJ 07070
BERGEN-NJ
Tax ID / EIN: 11-2010437

represented by
Jay L. Lubetkin

Rabinowitz Lubetkin & Tully, L.L.C.
293 Eisenhower Parkway, Suite 100
Livingston, NJ 07039
973-597-9100
Fax : 973-597-9119
Email: jlubetkin@rltlawfirm.com

Trustee

Benjamin A. Stanziale, Jr.

Benjamin A. Stanziale, Ch. 7 Trustee
2839 Route 10
Suite 102
Morris Plains, NJ 07950
973-731-9393

represented by
Matthew E. Moloshok

Hellring Lindeman Goldstein & Siegal LLP
103 Eisenhower Parkway
Roseland, NJ 07068
973-621-9020
Fax : 973-621-7406
Email: mmoloshok@hlgslaw.com

Patricia A. Staiano

Hellring Lindeman Goldstein & Siegal LLP
103 Eisenhower Parkway
Roseland, NJ 07068
973-621-9020
Fax : 973-621-7406
Email: pstaiano@hlgslaw.com

Benjamin A. Stanziale, Jr.

Benjamin A. Stanziale, Ch. 7 Trustee
2839 Route 10
Suite 102
Morris Plains, NJ 07950
973-731-9393
Email: trustee@stanzialelaw.com

U.S. Trustee

U.S. Trustee

US Dept of Justice
Office of the US Trustee
One Newark Center Ste 2100
Newark, NJ 07102
(973) 645-3014
 
 

Latest Dockets

Date Filed#Docket Text
03/20/202577ORDER AUTHORIZING THE TRUSTEE TO CONDUCT AN AUCTION SALE OF VEHICLES AND TANGIBLE PERSONAL PROPERTY FREE AND CLEAR OF LIENS, CLAIMS AND ENCUMBRANCES PURSUANT TO 11 U.S.C. §363(b) AND (f), A CARVE-OUT FOR THE BENEFIT OF THE ESTATE, AND FOR RELATED RELIEF. (Related Doc # 40). Service of notice of the entry of this order pursuant to Rule 9022 was made on the appropriate parties. See BNC Certificate of Notice. Signed on 3/20/2025. (rah) (Entered: 03/20/2025)
03/18/202576Order Approving settlement with Saddle Brook SG LLC. (Related Doc # 55). Service of notice of the entry of this order pursuant to Rule 9022 was made on the appropriate parties. See BNC Certificate of Notice. Signed on 3/18/2025. (mcp) (Entered: 03/19/2025)
03/18/2025Minute of Hearing Held, OUTCOME: Matter To Be Decided on the Papers (related document:55 Motion re: Approval of settlement with Saddle Brook SG LLC Filed by Patricia A. Staiano on behalf of Benjamin A. Stanziale Jr... (Attachments: # 1 Certification of Trustee # 2 Exhibit A to Certification # 3 Memorandum of Law # 4 Proposed Order) Filed by Trustee Benjamin A. Stanziale, Jr.) (omf) (Entered: 03/18/2025)
03/18/2025Minute of Hearing Held, OUTCOME: Matter To Be Decided on the Papers (related document:40 Motion to Sell Property Free and Clear of Liens under Section 363(f).Property for sale: vehicles and certain tangible personal property located at debtor's Saddle Brook, New Jersey facility.. Fee Amount $199. Filed by Patricia A. Staiano on behalf of Benjamin A. Stanziale Jr.. Hearing scheduled for 3/18/2025 at 10:00 AM, SLM - Courtroom 3A, Newark.. (Attachments: # 1 Certification of Benjamin A. Stanziale, Jr.,Trustee # 2 Memorandum of Law # 3 Certificate of Service # 4 Proposed Order) Filed by Trustee Benjamin A. Stanziale, Jr.) (omf) (Entered: 03/18/2025)
03/14/202575BNC Certificate of Notice - Order No. of Notices: 1. Notice Date 03/14/2025. (Admin.) (Entered: 03/15/2025)
03/14/2025Pro Hac Vice Payment has been made to the US District Court in the amount of $250.00. Receipt Number 51637. (related document:66 Order on Application to Appear Pro Hac Vice). (rah) (Entered: 03/14/2025)
03/13/202574Withdrawal of Claim(s): Claim Number 23 Filed by United States of America (Small Business Administration) (O'Hagan, Eamonn) (Entered: 03/13/2025)
03/12/202573Consent Order Granting Motion For Relief From Stay (Related Doc # 38). Service of notice of the entry of this order pursuant to Rule 9022 was made on the appropriate parties. See BNC Certificate of Notice. Signed on 3/12/2025. (ntp) (Entered: 03/12/2025)
03/12/202572Certification of No Objection in re: Settlement of Controversy. (related document:42 Notice of Proposed Compromise or Settlement of Controversy re: The Trustee auctioneer will sell the Personalty Sale Items at an auction sale to be concluded on March 20, 2025. The proceeds of sale of the Personalty Sale Items will be directed in the following manner: First, the 10% commission due to the auctioneer would be paid from the gross proceeds of sale; next, the ongoing administrative rent for the Saddle Brook facility where the Personalty Sale Items are located from the date of the Petition through Match 31, 2020 in the amount of $15,000, plus insurance and utility charges for the Saddle Brook facility for that same period of time, would be paid from the gross proceeds of sale; and the resulting net proceeds will be divided evenly between Columbia and the Trustee, who will receive his 50% portion of the net proceeds as a carve-out from these funds otherwise due to Columbia as the first lienholder.. Hearing scheduled for 03/18/2025 10:00 a.m. Filed by Patricia A. Staiano on behalf of Benjamin A. Stanziale Jr.. Objections due by 03/11/2025. filed by Trustee Benjamin A. Stanziale). The Clerk hereby certifies that no objection to this Notice of Information has been filed. (dlr) (Entered: 03/12/2025)
03/12/202571Certification Concerning Proposed Order (related document:38 Motion for Relief from Stay re: 2023 Freightline M2-106. Fee Amount $ 199. Filed by Cameron Deane on behalf of Toyota Industries Commercial Finance. Hearing scheduled for 3/11/2025 at 10:00 AM, SLM - Courtroom 3A, Newark.. (Attachments: # 1 Statement as to Why No Brief is Necessary # 2 Certification # 3 Exhibit A # 4 Proposed Order # 5 Certificate of Service) filed by Creditor Toyota Industries Commercial Finance). Hearing set for 03/11/2025. Filed by Cameron Deane on behalf of Toyota Industries Commercial Finance. (Deane, Cameron) (Entered: 03/12/2025)