California Northern Bankruptcy Court

Case number: 5:26-bk-50369 - 40th Street Development, LLC - California Northern Bankruptcy Court

Case Information
Case title
40th Street Development, LLC
Chapter
11
Judge
Hannah L. Blumenstiel
Filed
03/10/2026
Last Filing
08/26/2026
Asset
Yes
Vol
v
Docket Header

DebtEd




U.S. Bankruptcy Court
California Northern Bankruptcy Court (San Jose)
Bankruptcy Petition #: 26-50369

Assigned to: Judge Hannah L. Blumenstiel
Chapter 11
Voluntary
Asset


Date filed:  03/10/2026
341 meeting:  04/14/2026
Deadline for filing claims:  07/06/2026
Deadline for objecting to discharge:  06/08/2026

Debtor

40th Street Development, LLC

387-391 40th Street
Oakland, CA 94609
SANTA CLARA-CA
Tax ID / EIN: XX-XXXXXXX

represented by
Arasto Farsad

Farsad Law Office, P.C.
1625 The Alameda, Suite 525
San Jose, CA 95126
408-641-9966
Email: [email protected]

Karen Lynch

Kraeber Law Office
9040 Brentwood Blvd.
Ste B
Brentwood, CA 94513
925-420-0333
Email: [email protected]
TERMINATED: 06/08/2026

Nancy Weng

Farsad Law Office, P.C.
1625 The Alameda, Suite 525
San Jose, CA 95126
408-641-9966
Fax : (415) 777-2298
Email: [email protected]

Responsible Ind

Steven Trinh

52599 McLaughlin Avenue
San Jose, Ca 95121

 
 
Trustee

Not Assigned - SJ


 
 
U.S. Trustee

Office of the U.S. Trustee / SJ

U.S. Federal Bldg.
280 S 1st St. #268
San Jose, CA 95113-3004
( )
represented by
Michael J. Fletcher

DOJ-Ust
2500 Tulare Street
Suite 1401
Fresno, CA 93721
559-487-5002
Email: [email protected]

Latest Dockets
Date Filed#Docket Text
08/26/202677Docket Text
Notice of Hearing (RE: related document(s)68 Disclosure Statement , Chapter 11 Plan of Reorganization Dated August 10, 2026 Filed by Debtor 40th Street Development, LLC.).
Hearing scheduled for 10/1/2026 at 10:00 AM in/via San Francisco Courtroom 19 or via Zoom - Blumenstiel.
Last day to oppose disclosure statement is 9/24/2026. Filed by Debtor 40th Street Development, LLC (Farsad, Arasto) (Entered: 08/26/2026)
08/26/2026Docket Text
Hearing vacated per 8/26/2026 docket text order. (RE: related document(s) 7 Order and Notice of Status Conference Chp 11). (euo) (Entered: 08/26/2026)
08/26/2026Docket Text
Hearing vacated per 8/26/2026 docket text order. (RE: related document(s) 64 Motion to Approve Document Settlement and Compromise with Richard A. Marshack, Chapter 7 Trustee for AB Capital, LLC). (euo) (Entered: 08/26/2026)
08/25/2026Docket Text
DOCKET TEXT ORDER
(no separate order issued:) This case is scheduled to come before the court on September 3, 2026 for: (a) a continued status conference; and (b) a hearing on Debtor 40th Street Development LLC's Motion for Order: (1) Approving Settlement . . . (2) Authorizing Debtor to Execute Related Releases; (3) Modifying the Automatic Stay . . . and (4) Granting Related Relief (Dkt. 64; the "Motion"). The court has carefully analyzed the Motion and all supporting pleadings, the relevant notice of hearing and certificate of service (Dkt. 65), and other portions of its record, including Debtor's recently filed operating reports (Dkts. 74-76). Based upon that analysis, the court finds and concludes that the Motion was properly served, and that all necessary parties have received adequate notice of their opportunity to object to the relief sought. Pursuant to B.L.R. 9014-1(c)(1), opposition to the Motion was due on or before August 20, 2026; none has been filed. Accordingly, the court orders as follows: (1) The Motion will be granted; (2) Debtor's counsel shall promptly upload an order consistent with the Motion; and (3) The September 3 hearing on the Motion and the September 3 continued status conference are hereby vacated. (RE: related document(s)64 Motion to Approve Document filed by Debtor 40th Street Development, LLC). (sjr) (Entered: 08/25/2026)
08/25/202676Docket Text
Chapter 11 Monthly Operating Report for the Month Ending: 07/31/2026 Filed by Debtor 40th Street Development, LLC (Attachments: # 1 bank statement) (Farsad, Arasto) (Entered: 08/25/2026)
08/25/202675Docket Text
Chapter 11 Monthly Operating Report for the Month Ending: 06/30/2026 Filed by Debtor 40th Street Development, LLC (Attachments: # 1 bank statement) (Farsad, Arasto) (Entered: 08/25/2026)
08/25/202674Docket Text
Chapter 11 Monthly Operating Report for the Month Ending: 05/31/2026 Filed by Debtor 40th Street Development, LLC (Attachments: # 1 bank statement) (Farsad, Arasto) (Entered: 08/25/2026)
08/20/202673Docket Text
PDF with attached Audio File. Court Date & Time [08/20/2026 10:44:04 AM]. File Size [ 1748 KB ]. Run Time [ 00:07:16 ]. (admin). (Entered: 08/20/2026)
08/20/202672Docket Text
Order Following Status Conference (RE: related document(s) Hearing Continued). (euo) (Entered: 08/20/2026)
08/20/2026Docket Text
Status Conference Hearing Continued. All past monthly operating reports due 8/28/2026 as indicated on the record. Nancy Weng appeared for the debtor. Rika Kido appeared for interested party Richard Marshack. (RE: related document(s) 7 Order and Notice of Status Conference Chp 11).
Hearing scheduled for 09/03/2026 at 10:00 AM in/via San Francisco Courtroom 19 or via Zoom - Blumenstiel.
(euo) (Entered: 08/20/2026)