Florida Middle Bankruptcy Court

Case number: 6:26-bk-07547 - Petroleum Resources & Development, Inc - Florida Middle Bankruptcy Court

Case Information
Case title
Petroleum Resources & Development, Inc
Chapter
11
Judge
Lori V. Vaughan
Filed
09/28/2026
Last Filing
10/12/2026
Asset
Yes
Vol
v
Docket Header

Subchapter_V, SmBus, PlnDue




U.S. Bankruptcy Court
Middle District of Florida (Orlando)
Bankruptcy Petition #: 6:26-bk-07547-LVV

Assigned to: Lori V. Vaughan
Chapter 11
Voluntary
Asset


Date filed:  09/28/2026
341 meeting:  11/04/2026
Deadline for filing claims:  12/07/2026

Debtor

Petroleum Resources & Development, Inc

350 Specialty Point
Sanford, FL 32771
SEMINOLE-FL
Tax ID / EIN: XX-XXXXXXX

represented by
L Todd Budgen

Budgen Law Group
PO Box 520546
Longwood, FL 32752-0546
(407) 481-2888
Fax : (407) 313-1119
Email: [email protected]

Trustee

Andrew Layden

200 South Orange Avenue
Ste 2300
Orlando, FL 32801
407-649-4070

 
 
U.S. Trustee

United States Trustee - ORL

Office of the United States Trustee
George C Young Federal Building
400 West Washington Street, Suite 1100
Orlando, FL 32801
407-648-6301
represented by
Wanda D Murray

United States Department of Justice
400 West Washington Street
Ste 1100
Orlando, FL 32801
202-531-6468
Email: [email protected]

Latest Dockets
Date Filed#Docket Text
10/12/202624Docket Text
Cash Flow Statement for Small Business 1116(b) documents Filed by L Todd Budgen on behalf of Debtor Petroleum Resources & Development, Inc. (Attachments: # (1) Exhibit Ex - 2025 Balance sheet # (2) Exhibit 1st quarter Balance sheet) (Budgen, L)
10/12/202623Docket Text
Tax Documents for the Year 2025 Filed by L Todd Budgen on behalf of Debtor Petroleum Resources & Development, Inc. (Budgen, L)
10/12/202622Docket Text
Tax Documents for the Year 2024 Filed by L Todd Budgen on behalf of Debtor Petroleum Resources & Development, Inc. (Budgen, L) (Entered: 10/12/2026)
10/08/202621Docket Text
Notice of Bankruptcy Case . Section 341(a) meeting to be held on 11/4/2026 at 01:00 PM. U.S. Trustee (Orl) will hold the meeting telephonically. Call in Number: 888-330-1716. Passcode: 5814238#. Proofs of Claims due by 12/7/2026. (Magaly) (Entered: 10/08/2026)
10/07/202620Docket Text
Notice of Appearance and Request for Notice Filed by Michael A Friedman on behalf of Creditor PFF, LLC. (Friedman, Michael) (Entered: 10/07/2026)
10/06/202619Docket Text
PDF with attached Audio File. Court Date & Time [10/01/2026 01:22:07 PM]. File Size [ 6979 KB ]. Run Time [ 00:14:36 ]. (admin).
10/03/202618Docket Text
BNC Certificate of Mailing - Notice to Creditors and Parties in Interest (related document(s) (Related Doc # 15)). Notice Date 10/03/2026. (Admin.) (Entered: 10/04/2026)
10/02/202617Docket Text
BNC Certificate of Mailing - Order (related document(s) (Related Doc [10])). Notice Date 10/01/2026. (Admin.)
10/01/202616Docket Text
Hearing Proceeding Memo: Hearing Held - APPEARANCES: Todd Budgen: Debtor; Wanda Murray: UST; Ryan Yant: Kapitus; Michael Friedman: PFF RULING: 1) Debtor's Emergency Motion to Use Cash Collatera l (Doc #5) - Granted on an interim basis thru 10/28/26; a continued hearing is scheduled 10/28/26 at 10:00am; order by Budgen. ~2) Debtor's Emergency Motion for Authority to Pay Pre-Petition Wages (Doc #6) - Granted; order by Budgen. ~3) Debtor's Emergency Motion for Authority to Pay Affiliate Officer Salaries (Doc #7) - Granted on an interim basis thru 10/28/26; a continued hearing is scheduled 10/28/26 at 10:00am; order by Budgen. (aj) Proposed Orders, if applicable, should be submitted within three days after the date of the hearing - Local Rule 9072-1(c). This docket entry/document is not an official order of the Court . (Miguenes, Bill)
10/01/202615Docket Text
Notice of Deficient Filing. Small business balance sheet not filed. . (Justiniano, Magaly)