Case number: 1:23-bk-10322 - Eletson Holdings Inc. - New York Southern Bankruptcy Court

Case Information
  • Case title

    Eletson Holdings Inc.

  • Court

    New York Southern (nysbke)

  • Chapter

    11

  • Judge

    John P. Mastando III

  • Filed

    03/07/2023

  • Last Filing

    03/14/2025

  • Asset

    Yes

  • Vol

    i

Docket Header
Lead, Mediation, Convert, MEGANY, APPEAL



U.S. Bankruptcy Court
Southern District of New York (Manhattan)
Bankruptcy Petition #: 23-10322-jpm

Assigned to: Judge John P. Mastando III
Chapter 11
Previous chapter 7
Original chapter 7
Involuntary
Asset


Date filed:  03/07/2023
Date converted:  09/25/2023
341 meeting:  01/05/2024
Deadline for filing claims:  12/18/2023

Debtor

Eletson Holdings Inc.

1 Landmark Square, Suite 424
C/O Agent Eleston Maritime, Inc.
Stamford, Connecticut 06901
OUTSIDE U. S.
Greece
Tax ID / EIN: 00-0000000
aka
Eletson


represented by
Derek J Baker

Reed Smith LLP
1717 Arch Street
Three Logan Square
Philadelphia, PA 19103
215-851-8148
Email: dbaker@reedsmith.com

Andrew Buck

Reed Smith LLP
599 Lexington Avenue
New York, NY 10022
212-549-0347
Email: abuck@reedsmith.com

William E Curtin

Sidley Austin LLP
787 Seventh Avenue
.
New York, NY 10019
212-839-6745
Fax : 212-839-5599
Email: wcurtin@sidley.com

Petitioning Creditor

Pach Shemen LLC

1209 N. Orange Street
Wilmington, DE 19801

represented by
Jared C Borriello

Togut, Segal & Segal LLP
One Penn Plaza
Suite 3335
New York, NY 10119
212-594-5000
Fax : 212-967-4258
Email: jborriello@teamtogut.com

Bryan Kotliar

Togut, Segal & Segal LLP
One Penn Plaza
Suite 3335
New York, NY 10119
212-594-5000
Fax : 212-967-4258
Email: bkotliar@teamtogut.com

Kyle J. Ortiz

Togut, Segal & Segal LLP
One Penn Plaza
Suite 3335
New York, NY 10119
212-594-5000
Fax : 212-967-4258
Email: kortiz@teamtogut.com

Brian F Shaughnessy

Togut, Segal & Segal LLP
One Penn Plaza
Suite 3335
New York, NY 10119
212-594-5000
Email: bshaughnessy@teamtogut.com

Petitioning Creditor

VR Global Partners, L.P.

One Nexus Way
Grand Cayman KY1-9005
Cayman Islands

represented by
Jared C Borriello

(See above for address)

Bryan Kotliar

(See above for address)

Kyle J. Ortiz

(See above for address)

Brian F Shaughnessy

(See above for address)

Petitioning Creditor

ALPINE PARTNERS (BVI), L.P.

140 Broadway
38th Floor
New York, NY 10005

represented by
Jared C Borriello

(See above for address)

Bryan Kotliar

(See above for address)

Kyle J. Ortiz

(See above for address)

Brian F Shaughnessy

(See above for address)

Petitioning Creditor

Gene B. Goldstein


represented by
Jared C Borriello

(See above for address)

Bryan Kotliar

(See above for address)

Kyle J. Ortiz

(See above for address)

Brian F Shaughnessy

(See above for address)

Petitioning Creditor

Gene B. Goldstein, In His Capacity as Trustee of the Gene B. Goldstein and Francine T. Goldstein Family Trust


represented by
Jared C Borriello

(See above for address)

Bryan Kotliar

(See above for address)

Kyle J. Ortiz

(See above for address)

Brian F Shaughnessy

(See above for address)

Petitioning Creditor

Tracy Lee Gustafson


represented by
Jared C Borriello

(See above for address)

Bryan Kotliar

(See above for address)

Kyle J. Ortiz

(See above for address)

Brian F Shaughnessy

(See above for address)

Petitioning Creditor

Jason Chamness


represented by
Jared C Borriello

(See above for address)

Bryan Kotliar

(See above for address)

Kyle J. Ortiz

(See above for address)

Brian F Shaughnessy

(See above for address)

Petitioning Creditor

Ron Pike


represented by
Jared C Borriello

(See above for address)

Bryan Kotliar

(See above for address)

Kyle J. Ortiz

(See above for address)

Brian F Shaughnessy

(See above for address)

Petitioning Creditor

Robert H. Latter


represented by
Jared C Borriello

(See above for address)

Bryan Kotliar

(See above for address)

Kyle J. Ortiz

(See above for address)

Brian F Shaughnessy

(See above for address)

Petitioning Creditor

Mark Millet, In His Capacity as Trustee of the Mark E. Millet Living Trust


represented by
Jared C Borriello

(See above for address)

Bryan Kotliar

(See above for address)

Kyle J. Ortiz

(See above for address)

Brian F Shaughnessy

(See above for address)

Petitioning Creditor

Mark Millet, In His Capacity as Trustee of the Millet 2016 Irrevocable Trust


represented by
Jared C Borriello

(See above for address)

Bryan Kotliar

(See above for address)

Kyle J. Ortiz

(See above for address)

Brian F Shaughnessy

(See above for address)

Petitioning Creditor

Farragut Square Global Master Fund, LP


represented by
Jared C Borriello

(See above for address)

Bryan Kotliar

(See above for address)

Kyle J. Ortiz

(See above for address)

Brian F Shaughnessy

(See above for address)

Petitioning Creditor

Deutsche Bank Trust Company Americas as Trustee and Collateral Agent for holders of 9.265% First Preferred Ship Mortgage Notes Due 2022


represented by
John H. Bae

Thompson Hine LLP
300 Madison Avenue
27th Floor
New York, NY 10017
212-908-3929
Fax : 212-344-6101
Email: John.Bae@ThompsonHine.com

Bryan Kotliar

(See above for address)

Kyle J. Ortiz

(See above for address)

U.S. Trustee

United States Trustee

Office of the United States Trustee - NY
Alexander Hamilton Custom House
One Bowling Green, Room 534
New York, NY 10004-1408
(212) 510-0500

represented by
Daniel Rudewicz

DOJ-Ust
1 Bowling Green
New York, NY 10004
212-510-0500
Email: daniel.rudewicz@usdoj.gov

Creditor Committee

Official Committee of Unsecured Creditors
represented by
David A. Herman

Dechert LLP
Three Bryant Park
1095 Avenue of the Americas
New York, NY 10036
212-649-8728
Email: david.herman@dechert.com

Stephen Zide

Dechert LLP
Three Bryant Park
1095 Avenue of the Americas
New York, NY 10036
917-841-4121
Email: stephen.zide@dechert.com

Latest Dockets

Date Filed#Docket Text
03/14/20251542Notice of Hearing on Motion of Sidley Austin LLP to Withdraw as Counsel to the Majority Shareholders of Eletson Holdings Inc. and the Preferred Shareholders filed by William E Curtin on behalf of Sidley Austin LLP. with hearing to be held on 3/25/2025 at 11:00 AM at Videoconference (ZoomGov) (JPM) Objections due by 3/21/2025, (Curtin, William) (Entered: 03/14/2025)
03/13/2025Receipt of Notice of Appeal( 23-10322-jpm) [appeal,97] ( 298.00) Filing Fee. Receipt number A17001244. Fee amount 298.00. (Re: Doc # 1541) (U.S. Treasury) (Entered: 03/13/2025)
03/13/20251541Notice of Appeal (related document(s)1495) filed by William E Curtin on behalf of Family Unity Trust Company, Glafkos Trust Company, Lassia Investment Company. (Curtin, William) (Entered: 03/13/2025)
03/13/20251540Notice of Agenda /Notice of Agenda of Matters Scheduled for Hearing on March 17, 2025 at 10:00 AM (Prevailing Eastern Time) Via Zoom for Government (related document(s)1526, 1498, 1497, 1538, 1527) filed by Bryan Kotliar on behalf of Eletson Holdings Inc.. with hearing to be held on 3/17/2025 at 10:00 AM at Videoconference (ZoomGov) (JPM) (Kotliar, Bryan) (Entered: 03/13/2025)
03/13/20251539Letter to the Honorable John P. Mastando Regarding the Order in Further Support of Confirmation and Consummation of the Court-Approved Plan of Reorganization (related document(s)1537) Filed by Louis M. Solomon on behalf of Reed Smith LLP. (Solomon, Louis) (Entered: 03/13/2025)
03/13/20251538Notice of Proposed Order /(Hearing Date: 3/17/2025 at 10:00 AM) Notice of Filing of Revised Proposed Order with Respect to Eletson Holdings Inc.'s Motion for Entry of an Order Approving Cross-Border Court-to-Court Communications Protocol (Attachments: Ex. 1: Revised Proposed Order, Ex. 2: Redline) (related document(s)1526, 1497, 1527) filed by Bryan Kotliar on behalf of Eletson Holdings Inc.. with hearing to be held on 3/17/2025 at 10:00 AM at Videoconference (ZoomGov) (JPM) (Kotliar, Bryan) (Entered: 03/13/2025)
03/13/20251537Order signed on 3/13/2025 In Further Support of Confirmation And Consummation Of The Court-Approved Plan of Reorganization (Related Doc # 1459). (Rodriguez-Castillo, Maria) (Entered: 03/13/2025)
03/13/20251536Statement /Notice of Filing of Transcript Related to the Court's Ruling on March 12, 2025 Relating to the Emergency Motion of Eletson Holdings Inc. for Entry of an Further Order in Support of Confirmation and Consummation of the Court-Approved Plan of Reorganization (Attachment: Ex. A: March 12, 2025 Hearing Transcript) (related document(s)1459) filed by Kyle J. Ortiz on behalf of Eletson Holdings Inc.. (Ortiz, Kyle) (Entered: 03/13/2025)
03/12/20251535Affidavit of Service re: 1) Eletson Holdings Inc.'s Omnibus Reply in Support of its Foreign Opposition Sanctions Motion; and 2) Declaration of Jared C. Borriello, Esq. in Support of Eletson Holdings Inc.'s Omnibus Reply in Support of its Foreign Opposition Sanctions Motion (related document(s)1523, 1522) filed by Kurtzman Carson Consultants, LLC dba Verita Global.(Kass, Albert) (Entered: 03/12/2025)
03/12/20251534Affidavit of Service 1) Order in Support of Confirmation and Consummation of the Court-Approved Plan of Reorganization and Imposing Sanctions on Certain Parties; and 2) Notice of Filing of Revised Proposed Order with Respect to the Emergency Motion of Eletson Holdings Inc. for Entry of a Further Order in Support of Confirmation and Consummation of the Court-Approved Plan of Reorganization (related document(s)1499, 1495) filed by Kurtzman Carson Consultants, LLC dba Verita Global.(Kass, Albert) (Entered: 03/12/2025)