New York Southern Bankruptcy Court

Case number: 1:25-bk-12109 - Spac Recovery Co. - New York Southern Bankruptcy Court

Case Information
Case title
Spac Recovery Co.
Chapter
11
Judge
John P. Mastando III
Filed
09/26/2025
Last Filing
07/17/2026
Asset
Yes
Vol
v
Docket Header

SchedF, MDisCs




U.S. Bankruptcy Court
Southern District of New York (Manhattan)
Bankruptcy Petition #: 25-12109-jpm

Assigned to: Judge John P. Mastando III
Chapter 11
Voluntary
Asset


Date filed:  09/26/2025
341 meeting:  10/29/2025
Deadline for filing claims:  11/25/2025

Debtor

Spac Recovery Co.

2093 Philadelphia Pike
#1968
Claymont, DE 19703-2424
NEW YORK-NY
Tax ID / EIN: XX-XXXXXXX
fka
Ackrell SPAC Partners I Co.


represented by
Kyriaki Christodoulou

Cullen and Dykman LLP
One Battery Park Plaza
Ste 34th Floor
New York, NY 10004
862-219-9826
Email: [email protected]

Michelle McMahon

Cullen and Dykman LLP
One Battery Park Plaza, 34th Floor
New York, NY 10004
212-510-2296
Email: [email protected]

Bonnie Lynn Pollack

Cullen and Dykman LLP
The Omni Building
333 Earle Ovington Boulevard
Ste 2nd Floor
Uniondale, NY 11533
516-357-3700
Email: [email protected]

U.S. Trustee

United States Trustee

Office of the United States Trustee - NY
Alexander Hamilton Custom House
One Bowling Green, Room 534
New York, NY 10004-1408
(212) 510-0500
 
 

Latest Dockets
Date Filed#Docket Text
07/10/2026130Docket Text
Notice of Hearing Notice of Status Conference filed by Michelle McMahon on behalf of Cullen and Dykman LLP. with hearing to be held on 7/14/2026 at 09:30 AM at Courtroom 723 (JPM) (McMahon, Michelle) (Entered: 07/10/2026)
07/09/2026129Docket Text
Certificate of No Objection Pursuant to LR 9013-3 Certification of No Objection Regarding Motion of Kelley Drye & Warren LLP to Withdraw as Counsel to SPV Lit Fund LLC [Docket No. 126] (related document(s)126) Filed by Maeghan J McLoughlin on behalf of SPV Lit Fund, LLC. (Attachments: # 1 Proposed Order)(McLoughlin, Maeghan) (Entered: 07/09/2026)
07/09/2026128Docket Text
Response Response of SPV LIT Fund LLC to Report Regarding Payment of Fees and Expenses of Cullen and Dykman (related document(s)127) filed by Maeghan J McLoughlin on behalf of SPV Lit Fund, LLC. (McLoughlin, Maeghan) (Entered: 07/09/2026)
07/08/2026127Docket Text
Letter Report Regarding Payment Of Fees And Expenses Of Cullen And Dykman LLP Allowed On An Interim Basis Filed by Michelle McMahon on behalf of Cullen and Dykman LLP. (Attachments: # 1 Exhibit 1 # 2 Exhibit 2 # 3 Exhibit 3)(McMahon, Michelle) (Entered: 07/08/2026)
06/26/2026126Docket Text
Motion to Withdraw as Attorney Motion of Kelley Drye & Warren LLP to Withdraw as Counsel to SPV Lit Fund LLC filed by Maeghan J McLoughlin on behalf of SPV Lit Fund, LLC with hearing to be held on 7/14/2026 at 11:00 AM at Courtroom 723 (JPM) Responses due by 7/7/2026,. (McLoughlin, Maeghan) (Entered: 06/26/2026)
06/19/2026125Docket Text
Chapter 11 Monthly Operating Report for the Month Ending: 05/31/2026 Filed by Bonnie Lynn Pollack on behalf of Spac Recovery Co.. (Attachments: # 1 Bank Statement # 2 Bank Statement)(Pollack, Bonnie) (Entered: 06/19/2026)
06/18/2026124Docket Text
Statement in response to the Motion of Cullen and Dykman LLP to Withdraw as Counsel to Debtor Spac Recovery Co. and SPV Lit Fund, LLCs (the DIP Lender) Motion to Convert Chapter 11 Case to Chapter 7 Under 11 U.S.C. § 1112(b) (related document(s)107, 112) filed by Laura D. Metzger on behalf of FS Credit Opportunities Corp.. (Metzger, Laura) (Entered: 06/18/2026)
06/18/2026Docket Text
Receipt of Motion to Convert Case 11 to 7( 25-12109-jpm) [motion,146] ( 15.00) Filing Fee. Receipt number A17571459. Fee amount 15.00. (Re: Doc # 123) (U.S. Treasury) (Entered: 06/18/2026)
06/18/2026123Docket Text
Motion to Convert Chapter 11 Case to Chapter 7 Joinder to 112 Motion to Convert Chapter 11 Case to Chapter 7 Under 11 U.S.C. 1112(b) filed by Sean Gordon on behalf of Boiler Ventures, LLC, Boulder Capital Group, LLC, Capital Companies, LLC, Richard Turasky, Jr.. (Gordon, Sean) (Entered: 06/18/2026)
06/18/2026122Docket Text
Opposition Limited Objection Of Cullen And Dykman LLP To Motion To Convert Chapter 11 Case To Chapter 7 Under 11 U.S.C. § 1112(B) (related document(s)112) filed by Michelle McMahon on behalf of Cullen and Dykman LLP. with hearing to be held on 6/25/2026 (check with court for location) (McMahon, Michelle) (Entered: 06/18/2026)