Case number: 1:24-bk-42826 - 502 Grace Holdings Inc. - New York Eastern Bankruptcy Court

Case Information
  • Case title

    502 Grace Holdings Inc.

  • Court

    New York Eastern (nyebke)

  • Chapter

    11

  • Judge

    Nancy Hershey Lord

  • Filed

    07/08/2024

  • Last Filing

    04/02/2025

  • Asset

    Yes

  • Vol

    v

Docket Header
PlnDue, DsclsDue, RELATED



U.S. Bankruptcy Court
Eastern District of New York (Brooklyn)
Bankruptcy Petition #: 1-24-42826-nhl

Assigned to: Nancy Hershey Lord
Chapter 11
Voluntary
Asset


Date filed:  07/08/2024
341 meeting:  08/12/2024
Deadline for filing claims:  12/04/2024
Deadline for filing claims (govt.):  01/06/2025

Debtor

502 Grace Holdings Inc.

111-21 117th Street
South Ozone Park, NY 11420
KINGS-NY
Tax ID / EIN: 84-4757289

represented by
Leo Fox, Esq.

630 Third Avenue, 18th Floor
New York, NY 10017
(212) 867-9595
Fax : (212) 949-1857
Email: leo@leofoxlaw.com

U.S. Trustee

Office of the United States Trustee

Eastern District of NY (Brooklyn)
Alexander Hamilton Custom House
One Bowling Green
Room 510
New York, NY 10004-1408
(212) 206-2580
 
 

Latest Dockets

Date Filed#Docket Text
11/19/2024Hearing Held; Appearances: Leo Fox (Counsel to Debtor), Jeremy S. Sussman (Office of the US Trustee), Nat Guerriera (State Court Counsel to Debtor), Andrew Kamensky (Counsel to US Bank Trust); and Adjourned; (related document(s): 35 Motion for Conditional Use of Cash Collateral filed by 502 Grace Holdings Inc., 58 Order to Schedule Hearing (Generic))Hearing scheduled for 01/14/2025 at 03:30 PM at Courtroom 3577 (Judge Lord), Brooklyn, NY. (AngelaHoward) (Entered: 11/25/2024)
11/19/2024Hearing Held; Appearances: Leo Fox (Counsel to Debtor), Jeremy S. Sussman (Office of the US Trustee), Nat Guerriera (State Court Counsel to Debtor), Andrew Kamensky (Counsel to US Bank Trust); and Adjourned; (related document(s): 9 Order Scheduling Initial Case Management Conference) Status hearing to be held on 01/14/2025 at 03:30 PM at Courtroom 3577 (Judge Lord), Brooklyn, NY. (AngelaHoward) (Entered: 11/25/2024)
11/18/202465Chapter 11 Monthly Operating Report for the Month Ending: 10/31/2024 Filed by Leo Fox, Esq. on behalf of 502 Grace Holdings Inc. (Fox, Esq., Leo) (Entered: 11/18/2024)
11/18/202464Chapter 11 Monthly Operating Report for the Month Ending: 09/30/2024 Filed by Leo Fox, Esq. on behalf of 502 Grace Holdings Inc. (Fox, Esq., Leo) (Entered: 11/18/2024)
11/18/202463Chapter 11 Monthly Operating Report for the Month Ending: 08/31/2024 Filed by Leo Fox, Esq. on behalf of 502 Grace Holdings Inc. (Fox, Esq., Leo) (Entered: 11/18/2024)
11/18/202462Chapter 11 Monthly Operating Report for the Month Ending: 07/31/2024 Filed by Leo Fox, Esq. on behalf of 502 Grace Holdings Inc. (Fox, Esq., Leo) (Entered: 11/18/2024)
11/04/202461Order for the retention of Balcom Consulting Services as Accountant for the Chapter 11 Debtor (Related Doc 42) Signed on 11/4/2024. (alh) (Entered: 11/04/2024)
10/24/202460Letter Filed by Andrew Kamensky on behalf of U.S. Bank Trust Company, National Association, as Trustee for Velocity Commercial Capital Loan Trust 2022-3 (RE: related document(s)58 Order to Schedule Hearing (Generic)) (Kamensky, Andrew) (Entered: 10/24/2024)
10/20/202459BNC Certificate of Mailing with Application/Notice/Order Notice Date 10/20/2024. (Admin.) (Entered: 10/21/2024)
10/18/202458Stipulation Order by and between Debtor and US Bank Trust Company Granting Debtor's Use of Cash Collateral. The Bank consents to Debtors use of the Cash Collateral to operate the Debtors business upon the Real Property in accordance with the budget attached hereto for the period August 1, 2024, through and until November 19, 2024. The Debtor is authorized to continue to operate the Debtors business, expend funds, and use the proceeds of rent in accordance with the budget (the Budget), attached as Exhibit A, for the Interim Cash Collateral Period. To use of Cash Collateral set forth in this order shall continued subject to further court Order . A final or Further interim hearing to consider use of cash collateral will be held on November 19, 2024 at 10:00 a.m.. Within twenty (20) days after the end of each calendar month, the Debtor shall serve the Bank, and its respective counsel, with copies of operation reports for such month. (RE: related document(s)35 Motion for Conditional Use of Cash Collateral filed by Debtor 502 Grace Holdings Inc.). Signed on 10/18/2024. Hearing scheduled for 11/19/2024 at 10:00 AM at Courtroom 3577 (Judge Lord), Brooklyn, NY. (Attachments: # 1 Exhibit) (ssw) (Entered: 10/18/2024)