New York Eastern Bankruptcy Court

Case number: 8:19-bk-72940 - IBK Partners Inc - New York Eastern Bankruptcy Court

Case Information
Case title
IBK Partners Inc
Chapter
11
Judge
Robert E. Grossman
Filed
03/21/2019
Last Filing
10/01/2020
Asset
Yes
Vol
v
Docket Header

SmBus, SmBusPlnDue, SmBusDsclsDue, APPEAL




U.S. Bankruptcy Court
Eastern District of New York (Central Islip)
Bankruptcy Petition #: 8-19-72940-reg

Assigned to: Robert E. Grossman
Chapter 11
Voluntary
Asset


Date filed:  03/21/2019
Date of Intradistrict transfer:  04/23/2019
341 meeting:  04/29/2019

Debtor

IBK Partners Inc

195 St. James Place
Brooklyn, NY 11238
KINGS-NY
Tax ID / EIN: XX-XXXXXXX

represented by
Avrum J Rosen

Rosen & Kantrow, PLLC
38 New Street
Huntington, NY 11743
631-423-8527
Fax : 631-423-4536
Email: [email protected]

Alex E. Tsionis

Rosen & Kantrow, PLLC
38 New Street
Huntington, NY 11743
(631) 429-8527
Email: [email protected]

U.S. Trustee

United States Trustee

Long Island Federal Courthouse
560 Federal Plaza - Room 560
Central Islip, NY 11722-4437
(631) 715-7800

 
 
US Trustee Trial Attorney

Stan Y Yang

Office of the United States Trustee
Central Islip Office
Alfonse M D'Amato US Courthouse
560 Federal Plaza
Central Islip, NY 11722
(631) 715-7800 Ext. 225
 
 

Latest Dockets
Date Filed#Docket Text
07/17/2019Docket Text
Receipt of Fee for Certification of Document - $22.00. Receipt Number 260957. (MO) (admin) (Entered: 07/17/2019)
07/17/201983Docket Text
Order Granting Debtors Motion to the extent that the Settlement Agreement between the Debtor, the Lender and the Debtors affiliates is approved in its entirety. The Debtor is authorized to sell the Properties known as 195 Saint James Place, Brooklyn, N.Y.and 365 Macon Street Property, Brooklyn, New York, to ST JAMES 195 CORP pursuant to the terms of the Settlement Agreement and to pay the Discount Payoff Amount of$4,450,000.00 to Lender and any other secured liens on the Properties pursuant to the terms of the Settlement Agreement, free and clear of all Liens, with any such Liens to attach to the proceeds of the sale to the same extent and with the same priority as they existed on the filing date subject to all tenancies or occupancies. The fourteen (14) day stay period provided for under Bankruptcy Rule 6006(d) shall not be in effect and, under Bankruptcy Rule 7062, this Order shall be effective and enforceable immediately upon its entry. The proposed Order converting this case to one under Chapter 7 and directing the appointment of a Chapter 7 trustee shall be held in abeyance until August 16, 2019. (Related Doc # 77) Signed on 7/17/2019. (sld) (Entered: 07/17/2019)
07/15/2019Docket Text
Hearing Held; (related document(s): 77 Motion for Sale of Property under Sec. 363(b), Rule 6004 filed by IBK Partners Inc, 78 Order to Show Cause (Generic), 79 Order to Schedule Hearing ) Appearance: Alex E Tsionis, Stan Yang, Stuart Kossar & on phone: Avrum Rosen & Nickolas Karavolas: Motion Granted ; submit order (mtagle) (Entered: 07/16/2019)
07/12/201982Docket Text
Exhibit Proposed Order Filed by Alex E. Tsionis on behalf of IBK Partners Inc (RE: related document(s) 77 Motion for Sale of Property under Sec. 363(b), Rule 6004 filed by Debtor IBK Partners Inc) (Tsionis, Alex) (Entered: 07/12/2019)
07/10/201981Docket Text
Affidavit/Certificate of Service Filed by Avrum J Rosen on behalf of IBK Partners Inc (RE: related document(s) 77 Motion for Sale of Property under Sec. 363(b), Rule 6004 filed by Debtor IBK Partners Inc, 79 Order to Schedule Hearing (Generic)) (Rosen, Avrum) (Entered: 07/10/2019)
07/10/201980Docket Text
Transmittal of Additional Record on Appeal to District Court in reference to Civil Case Number: 19-CV-03458-MKB (RE: related document(s) 57Notice of Appeal to District Court and Civil Cover Sheet. Fee Amount $298 Filed by Avrum J Rosen on behalf of IBK Partners Inc. ) (sld) (Entered: 07/10/2019)
07/09/201979Docket Text
Amended Order to Schedule Hearing on an expedited basis approving the sale of the estates interest in real property commonly known as 195 Saint James Place, Brooklyn, N.Y. (Saint James Property) and the second one is 365 Macon Street Property, Brooklyn, New York, (Macon Street Property) (together, referred to as the Properties) to, ST JAMES 195 CORP. Debtor shall serve order and application by 7/9/19. The Debtor shall file an Affidavit of Service attesting to service of this Order and the underlying Application for relief by not later than July 10, 2019. Opposition to be filed not later than 7/12/19 at 4:00 pm. (RE: related document(s) 77 Motion for Sale of Property under Sec. 363(b), Rule 6004 filed by Debtor IBK Partners Inc, 78 Order to Schedule Expedited Hearing (Generic)). Signed on 7/9/2019. Hearing scheduled for 7/15/2019 at 01:30 PM at Courtroom 860 (Judge Grossman), CI, NY. (amp) (Entered: 07/09/2019)
07/09/201978Docket Text
Order Scheduling a hearing on an expedited basis approving the sale of the estates interest in real property commonly known as 195 Saint James Place, Brooklyn, N.Y. (Saint James Property) and the second one is 365 Macon Street Property, Brooklyn, New York, (Macon Street Property) (together, referred to as the Properties) to, ST JAMES 195 CORP. Debtor shall serve order and application by 7/9/19. The Debtor shall file an Affidavit of Service attesting to service of this Order and the underlying Application for relief by not later than July 10, 2019. Opposition to be filed not later than 7/12/19 at 4:00 pm.(RE: related document(s) 77 Motion for Sale of Property under Sec. 363(b), Rule 6004 filed by Debtor IBK Partners Inc). Signed on 7/9/2019 Show Cause hearing to be held on 7/15/2019 at 01:30 PM at Courtroom 860 (Judge Grossman), CI, NY. (sld) (Entered: 07/09/2019)
07/09/201977Docket Text
Emergency Motion for Sale of Property under Sec. 363(b) of Real Property owned by the Debtor Filed by Avrum J Rosen on behalf of IBK Partners Inc. (Attachments: # 1 Exhibit stipulation of settlement # 2 Affidavit Local Rule Affidavit 9077 # 3 Proposed Order Expediting hearing) (Rosen, Avrum) (Entered: 07/09/2019)
06/27/201976Docket Text
Letter requesting that Order converting case to Chapter 7 not be entered at this time Filed by Avrum J Rosen on behalf of 195 Saint James Lender, LLC, IBK Partners Inc (RE: related document(s) 52 Motion to Convert Case Chapter 11 to 7 filed by U.S. Trustee United States Trustee) (Rosen, Avrum) (Entered: 06/27/2019)