Illinois Northern Bankruptcy Court

Case number: 1:25-bk-07412 - Green Sapphire Holdings, Inc. - Illinois Northern Bankruptcy Court

Case Information
Case title
Green Sapphire Holdings, Inc.
Chapter
11
Judge
Jacqueline P. Cox
Filed
05/14/2025
Last Filing
09/02/2026
Asset
Yes
Vol
v
Docket Header

DsclsDue, PlnDue, CLOSED, ApNoFeeRequired, DISMISSED, BARDEBTOR




U.S. Bankruptcy Court
Northern District of Illinois (Eastern Division)
Bankruptcy Petition #: 25-07412

Assigned to: Honorable Judge Jacqueline P. Cox
Chapter 11
Voluntary
Asset



Debtor disposition:  Dismissed for Other Reason
Date filed:  05/14/2025
Date terminated:  07/22/2026
Debtor dismissed:  07/17/2026
341 meeting:  06/25/2025
Deadline for filing claims:  08/09/2026
Deadline for filing claims (govt.):  08/09/2026

Debtor 1

Green Sapphire Holdings, Inc.

18 West 140 Butterfield Road
Suite 1500
Oakbrook Terrace, IL 60181
DU PAGE-IL
Tax ID / EIN: XX-XXXXXXX
fdba
Organic Fuels Holdings, Inc.


represented by
Alexander F Brougham

Adelman & Gettleman, Ltd.
53 W. Jackson Blvd., Suite 1050
Chicago, IL 60604
(312) 435-1050
Email: [email protected]
TERMINATED: 07/22/2025

Erich S Buck

Adelman & Gettleman, Ltd.
53 W. Jackson Blvd.
Suite 1050
Chicago, IL 60604
312 435-1050
Fax : 312 435-1059
Email: [email protected]
TERMINATED: 07/22/2025

Steven B Chaiken

Adelman & Gettleman
53 W Jackson Blvd, Ste. 1050
Chicago, IL 60604
312 435-1050
Fax : 312 435-1059
Email: [email protected]
TERMINATED: 07/22/2025

Henry B. Merens

Adelman & Gettleman, Ltd.
53 W. Jackson Blvd.
Chicago, IL 60604
312 435-1050
Email: [email protected]
TERMINATED: 07/22/2025

Saulius Modestas

Modestas Law Offices, P.C.
401 S. Frontage Road
Suite C
Burr Ridge, IL 60527
312-251-4460
Fax : 312-277-2586
Email: [email protected]

Anthony J Peraica

anthony j. peraica & Associates, Ltd.
5130 South Archer Avenue
Chicago, IL 60632
773-7351700
Email: [email protected]

Acting U.S. Trustee

Adam G. Brief

Office of the U. S. Trustee, Region 11
219 South Dearborn
Room 873
Chicago, IL 60604
312-886-5785
 
 

Latest Dockets
Date Filed#Docket Text
09/02/2026152Docket Text
Hearing Continued (RE: [145] Motion to Reopen [Show Cause] Chapter 11 Case). Hearing scheduled for 9/30/2026 at 02:00 PM at Appear In Courtroom 680, 219 S. Dearborn St, Chicago, IL 60604 or Using Zoom- Judge Cox. (JO)
09/01/2026154Docket Text
(E)Order Denying Motion to Continue/Reschedule (Related Doc # [148]) . Signed on 9/1/2026. (AR)
09/01/2026153Docket Text
Order Granting Motion To Reopen Chapter 11 Case (Related Doc # [145]). Signed on 9/1/2026. (AR)
08/28/2026151Docket Text
Objection to (related document(s): [145] Motion to Reopen Chapter 11 Case) Filed by Thomas B Fullerton on behalf of Green Sapphire Holdings, Inc. (Attachments: # (1) Exhibit A - Global Capital Partners Motion to Dismiss Involuntary Petition # (2) Exhibit B - Texas Bankruptcy Docket # (3) Exhibit C - Petitioning Creditors Opposition to Motion to Dismiss # (4) Exhibit D - Green Sapphire Opposition to Motion to Dismiss) (Fullerton, Thomas)
08/28/2026150Docket Text
Objection to (related document(s): [148] Motion to Continue/Reschedule Hearing) Filed by Robert E Richards on behalf of Global Capital Partners, LLC (Richards, Robert)
08/28/2026149Docket Text
Notice of Objection Filed by Thomas B Fullerton on behalf of Green Sapphire Holdings, Inc. (RE: [145] Motion to Reopen Chapter 11 Case). (Fullerton, Thomas)
08/25/2026148Docket Text
Notice of Motion and Motion to Continue/Reschedule Hearing (related documents [145] Motion to Reopen Chapter 11 Case) Filed by Thomas B Fullerton on behalf of Green Sapphire Holdings, Inc.. Hearing scheduled for 9/1/2026 at 01:00 PM at Appear In Courtroom 680, 219 S. Dearborn St, Chicago, IL 60604 or Using Zoom- Judge Cox. (Attachments: # (1) Exhibit A - Global Capital Partners Motion to Dismiss Involuntary Petition # (2) Exhibit B - Opposition to Motion to Dismiss # (3) Exhibit C - Green Sapphire Holdings Inc Opposition to Motion to Dismiss # (4) Exhibit D - Petitioning Creditors Motion to Enforce Automatic Stay # (5) Proposed Order) (Fullerton, Thomas)
08/24/2026147Docket Text
Supplemental Certificate of Service Filed by Robert E Richards on behalf of Global Capital Partners, LLC (RE: [145] Motion to Reopen Chapter 11 Case). (Richards, Robert)
08/21/2026146Docket Text
Receipt of Motion to Reopen Chapter 11 Case( 25-07412) [motion,mreop11] (1167.00) Filing Fee. Receipt number A51679815. Fee Amount $1167.00 (re:Doc# 145) (U.S. Treasury) (Entered: 08/21/2026)
08/21/2026145Docket Text
Notice of Motion and Motion to Reopen Chapter 11 Case Fee Amount $1167 Filed by Robert E Richards on behalf of Global Capital Partners, LLC. Hearing scheduled for 9/1/2026 at 01:00 PM at Appear In Courtroom 680, 219 S. Dearborn St, Chicago, IL 60604 or Using Zoom- Judge Cox. (Attachments: # 1 Exhibit 1 - Involuntary Petition # 2 Exhibit 2 - Joinder by Lazareff Abu Dhabi # 3 Exhibit 3 - Joinder by Lazareff Paris # 4 Exhibit 4 - Post-Trial Opinion # 5 Exhibit 5 - Order and Final Judgment # 6 Exhibit 6 - Order Granting Application for Fees and Expenses # 7 Exhibit 7 - Motion to Appoint Limited-Purpose Receiver # 8 Exhibit 8 - Order Setting Hearing # 9 Exhibit 9 - Order Denying Motion to Stay Judgment Execution # 10 Exhibit 10 - Order Denying Motion to Appoint Receiver # 11 Exhibit 11 - Emergency Motion to Enforce Stay # 12 Exhibit 12 - Motion for Expedited Hearing on Motion to Dismiss # 13 Exhibit 13 - Opposition to Motion for Expedited Hearing # 14 Exhibit 14 - Joint Pre-Conference Statement # 15 Exhibit 15 - Counterclaims # 16 Exhibit 16 - Green Sapphire Response Brief # 17 Exhibit 17 - Transcript of Status Hearing # 18 Exhibit 18 - Petitioning Creditors First Discovery Requests # 19 Proposed Order) (Richards, Robert) (Entered: 08/21/2026)