North Dakota Bankruptcy Court

Adversary Case 3:23-ap-7012 Closed. (mjk, Court) (Entered: 01/04/2024)

Chapter 11 Subchapter V Trustees Report of No Distribution. Funds Collected: $0.00. Key information about this case as reported in schedules filed by the debtor(s) or otherwise found in the case record: This case was pending for 5 months. Assets Abandoned (without deducting any secured claims): Not Applicable, Assets Exempt: Not Applicable, Claims Scheduled: $435085.16, Claims Asserted: Not Available, Claims scheduled to be discharged without payment (without deducting the value of collateral or debts excepted from discharge): Not Applicable. Filed by Trustee Thomas Kapusta. (Kapusta, Thomas) (Entered: 12/27/2023)

BNC Certificate of Mailing. (RE: related document(s)158 Order (Generic)) No. of Notices: 1. Notice Date 12/22/2023. (Admin.) (Entered: 12/22/2023)

BNC Certificate of Mailing. (RE: related document(s)160 Notice of Dismissal) No. of Notices: 27. Notice Date 12/22/2023. (Admin.) (Entered: 12/22/2023)

PDF with attached Audio File. Court Date & Time [ 12/20/2023 9:57:28 AM ]. File Size [ 6137 KB ]. Run Time [ 00:12:47 ]. (admin). (Entered: 12/20/2023)

Notice of Dismissal. (mjk, Court) (Entered: 12/20/2023)

Order Granting the United States Trustee's Amended Motion to Dismiss or Convert Chapter 11 Case (Related Doc. 151). For the reasons stated on the record at the December 5, 2023, and December 20, 2023, hearings, the Court finds cause for dismissing this case. The United States Trustee's motion is granted. Bankruptcy Case No. 23-30246 is dismissed. Ordered by Judge Shon Hastings (Text Order only). Signed on 12/20/2023 (mjk, Court) (Entered: 12/20/2023)

Order Terminating Joint Administration. Signed on 12/20/2023 (RE: 53 Order Granting Motion For Joint Administration). (mjk, Court) (Entered: 12/20/2023)

Hearing Held On 151 Amended Motion to Dismiss or Convert Cases From Chapter 11 to 7 filed by U.S. Trustee Robert B. Raschke. APPEARANCES BY: Attorney Maurice VerStandig for Debtors; Attorney Sarah Wencil for United States Trustee; Thomas Kapusta, Subchapter V Trustee; Attorney John Schroeder for Alerus Financial; Attorney John Krings for Choice Financial; Attorney Elizabeth Lally for Kapitus, LLC; Attorney Mike Gust for Cole Creek, LLC. DISPOSITION: For the reasons stated on the record at the December 20, 2023, hearing, the United States Trustee's Amended Motion to Dismiss or Convert Chapter 11 Cases to Chapter 7 is GRANTED. Case No. 23-30246 Bourbon Street, LLC is DISMISSED. Case No. 23-30247 Petri Enterprises, LLC is CONVERTED to Chapter 7. Case No. 23-30248 Gannett Peak, LLC is CONVERTED to Chapter 7. Joint Administration of these cases will be terminated. TIME OF HEARING: 10:00 to 10:12 a.m. (sfh, Court) (Entered: 12/20/2023)

Stipulation to Dismiss Case Between Choice Financial Group, Cole Creek LLC, and Debtor. Filed by Creditor Choice Financial Group. (RE: 94 Motion to Convert or Dismiss and 151 Amended Motion to Convert or Dismiss filed by US Trustee Robert B Raschke) (Krings, John). (enhanced docket/added linkage) Modified on 12/13/2023 (vck, Court). (Entered: 12/13/2023)