New Jersey Bankruptcy Court

Case number: 2:23-bk-21813 - Prometheus Innovation Corporation - New Jersey Bankruptcy Court

Case Information
Case title
Prometheus Innovation Corporation
Chapter
11
Judge
John K. Sherwood
Filed
12/22/2023
Last Filing
12/02/2024
Asset
Yes
Vol
v
Docket Header

Subchapter_V




U.S. Bankruptcy Court
District of New Jersey (Newark)
Bankruptcy Petition #: 23-21813-JKS

Assigned to: Judge John K. Sherwood
Chapter 11
Voluntary
Asset


Date filed:  12/22/2023
341 meeting:  01/31/2024
Deadline for filing claims:  03/01/2024
Deadline for filing claims (govt.):  06/20/2024

Debtor

Prometheus Innovation Corporation

PO Box 194
Gwynedd Valley, PA 19437-0194
MONTGOMERY-PA
Tax ID / EIN: XX-XXXXXXX
fdba
Prometheus Service Corporation


represented by
A.Y. Strauss LLC

290 West Mount Pleasant Avenue
Suite 3260
Livingston, NJ 07039
973-287-5006
Fax : 973-533-0127

Eric Horn

A.Y. Strauss
290 West Mount Pleasant Avenue
Suite 3260
Livingston, NJ 07039
973-287-5006
Fax : 973-226-4104
Email: [email protected]

Gifty D. Vroom Minnow

A.Y.STRAUSS LLC
290 West Mount Pleasant Avenue
Suite 3260
Livingston, NJ 07039
9732875006
Fax : 9735330127

Trustee

Nancy Isaacson

Greenbaum, Rowe, Smith & Davis LLP
75 Livingston Ave
Suite 301
Roseland, NJ 07068-3701
(973) 535-1600

 
 
U.S. Trustee

U.S. Trustee

US Dept of Justice
Office of the US Trustee
One Newark Center Ste 2100
Newark, NJ 07102
(973) 645-3014
represented by
Rachel Wolf

DOJ-Ust
One Newark Center
Ste 2100
Newark, NJ 07102
202-834-3003
Email: [email protected]

Latest Dockets
Date Filed#Docket Text
08/09/2024137Docket Text
Order Granting Motion To Sell Property Free and Clear of Liens Under Section 363(f) (Related Doc # 104). Service of notice of the entry of this order pursuant to Rule 9022 was made on the appropriate parties. See BNC Certificate of Notice. Signed on 8/9/2024. (zlh) (Entered: 08/09/2024)
08/07/2024136Docket Text
BNC Certificate of Notice - Order No. of Notices: 3. Notice Date 08/07/2024. (Admin.) (Entered: 08/08/2024)
08/05/2024135Docket Text
ORDER RE: STIPULATION REJECTING THE REAL PROPERTY LEASE LOCATED AT 65 NORTH MAPLE AVENUE, RIDGEWOOD, NEW JERSEY. Service of notice of the entry of this order pursuant to Rule 9022 was made on the appropriate parties. See BNC Certificate of Notice. Signed on 8/5/2024. (zlh) (Entered: 08/05/2024)
08/02/2024134Docket Text
Stipulation Between Prometheus Innovation Corporation and ELS Realty LLC, re:Rejecting the Debtor's Real Property Lease Located in Ridgewood, New Jersey Effective as of August 1, 2024 filed by Eric Horn on behalf of Prometheus Innovation Corporation. (Horn, Eric) (Entered: 08/02/2024)
08/02/2024133Docket Text
ORDER RE: STIPULATION REJECTING THE DEBTOR'S FRANCHISE AGREEMENT WITH HUNTINGTON LEARNING CENTER WITH REGARD TO RIDGEWOOD, NEW JERSEY. Service of notice of the entry of this order pursuant to Rule 9022 was made on the appropriate parties. See BNC Certificate of Notice. Signed on 8/2/2024. (zlh) (Entered: 08/02/2024)
08/01/2024132Docket Text
Stipulation Between Prometheus Innovation Corporation and Huntington Learning Center, re:Rejection of Franschise Agreement with Regard to Ridgewood, New Jersey filed by Eric Horn on behalf of Prometheus Innovation Corporation. (Horn, Eric) (Entered: 08/01/2024)
07/24/2024131Docket Text
BNC Certificate of Notice - Order No. of Notices: 3. Notice Date 07/24/2024. (Admin.) (Entered: 07/25/2024)
07/23/2024Docket Text
Hearing Rescheduled WITHOUT A DATE. (related document:87 Order Setting Deadlines and Scheduling Confirmation Hearing (related document:84 Chapter 11 Plan Small Business Subchapter V filed by Debtor Prometheus Innovation Corporation). Service of notice of the entry of this order pursuant to Rule 9022 was made on the appropriate parties. See BNC Certificate of Notice. Signed on 3/22/2024. (mff) (Entered: 07/23/2024)
07/23/2024Docket Text
Minute of Hearing Held, OUTCOME: Moot (related document: 95 ORDER APPROVING THE DEBTORS MOTION FOR AN ORDER APPROVING (I) BID PROCEDURES REGARDING THE DEBTORS SALE OF THE RIDGEWOOD, NEW JERSEY FRANCHISE LOCATION, SUBJECT TO HIGHER OR BETTER OFFERS AND BANKRUPTCY COURT APPROVAL, AND (II) THE TIME, DATE, PLACE, AND FORM OF NOTICE FOR THE AUCTION AND SALE HEARING. (Related Doc # 80). Service of notice of the entry of this order pursuant to Rule 9022 was made on the appropriate parties. See BNC Certificate of Notice. Signed on 4/9/2024.) (mff) (Entered: 07/23/2024)
07/23/2024Docket Text
Minute of Hearing Held, OUTCOME: Motion is approved. Order to be Submitted. (related document: 104 Motion to Sell Property Free and Clear of Liens under Section 363(f).Property for sale: Westwood Franchise Location.. Fee Amount $199. Filed by Eric Horn on behalf of Prometheus Innovation Corporation. Hearing scheduled for 6/18/2024 at 10:00 AM at JKS - Courtroom 3D, Newark. (Attachments: # 1 Exhibit A - Proposed Order # 2 Exhibit B - Asset Purchase Agreement) Filed by Debtor Prometheus Innovation Corporation) (mff) (Entered: 07/23/2024)