Texas Northern Bankruptcy Court

Case number: 3:16-bk-32892 - Preston General Contractors, LLC - Texas Northern Bankruptcy Court

Case Information
Case title
Preston General Contractors, LLC
Chapter
7
Filed
07/25/2016
Last Filing
05/31/2019
Asset
Yes
Docket Header

REFORM




U.S. Bankruptcy Court
Northern District of Texas (Dallas)
Bankruptcy Petition #: 16-32892-bjh7

Assigned to: Barbara J. Houser
Chapter 7
Voluntary
Asset


Date filed:  07/25/2016
341 meeting:  08/31/2016
Deadline for filing claims:  12/01/2016

Debtor

Preston General Contractors, LLC

13740 Midway Road
Suite 603
Dallas, TX 75244
DALLAS-TX
Tax ID / EIN: 74-3240377

represented by
Marcus Jermaine Watson

M. J. Watson & Associates, P.C.
325 N. Saint Paul Street
Suite 2200
Dallas, TX 75201
(214) 965-8240
Fax : (214) 999-1384
Email: [email protected]

Trustee

Diane G. Reed

501 N. College Street
Waxahachie, TX 75165
(972) 938-7334

represented by
David W. Elmquist

Reed & Elmquist, P.C.
501 N. College Street
Waxahachie, TX 75165
(972) 938-7339
Fax : (972) 923-0430
Email: [email protected]

U.S. Trustee

United States Trustee

1100 Commerce Street
Room 976
Dallas, TX 75242
214-767-8967
 
 

Latest Dockets
Date Filed#Docket Text
05/16/201752Docket Text
(4 pgs) Notice of intent to abandon certain contract claims filed by Trustee Diane G. Reed. Objections due by 5/30/2017. (Elmquist, David)
05/16/201751Docket Text
(3 pgs) Trustee's interim report for the period ending: 5/16/17. Projected date of filing final report: 7/31/17 The trustee is currently holding $29,926.48 in this case. As of the commencement of this case, there were three construction contracts in which PGC served as the general contractor. The trustee, through counsel, has investigated amounts due the debtor under these contracts and the amounts the debtor owes under these contracts. Based upon this investigation and after conferring with counsel, the trustee determined that only the contract with Kaar Investment, LLC ("Kaar") had any potential for recovery for the estate. The recovery under the Kaar contract was obtained through a compromise and settlement of claims in which the trustee received a settlement payment of $18,987.16. The trustee intends to abandon any claims or rights of recovery under the other two construction contracts. There are no other assets to liquidate nor any other claims to administer. (Reed, Diane)
05/03/201750Docket Text
(2 pgs) Order granting trustee's motion to sell assets (Alter Ego Claims) (related document # 48) Entered on 5/3/2017. (Rielly, Bill)
05/01/2017Docket Text
Hearing held on 5/1/2017. (RE: related document(s) 48 Motion to sell assets (alter ego claims) Filed by Trustee Diane G. Reed) (GRANTED, ORDER TO BE SUBMITTED.) (Harden, D.) (Entered: 05/02/2017)
04/03/201749Docket Text
(3 pgs) Notice of hearing filed by Trustee Diane G. Reed (RE: related document(s) 48 Motion to sell assets (alter ego claims) Filed by Trustee Diane G. Reed). Hearing to be held on 5/1/2017 at 01:15 PM Dallas Judge Houser Ctrm for 48, (Elmquist, David)
04/03/201748Docket Text
(8 pgs) Motion to sell assets (alter ego claims) Filed by Trustee Diane G. Reed (Elmquist, David)
03/05/201747Docket Text
(3 pgs) BNC certificate of mailing - PDF document. (RE: related document(s) 44 Agreed Order granting motion for 2004 examination of Timothy D. McMahon (related doc 32) Entered on 3/3/2017.) No. of Notices: 1. Notice Date 03/05/2017. (Admin.) (Entered: 03/06/2017)
03/03/201746Docket Text
(2 pgs) Agreed Order granting motion for 2004 examination of a designation representative of Duval General Contractors LLC (related doc # 34) Entered on 3/3/2017. (Rielly, Bill)
03/03/201745Docket Text
(2 pgs) Agreed Order granting motion for 2004 examination of Stephen Boudreau (related doc # 33) Entered on 3/3/2017. (Rielly, Bill)
03/03/201744Docket Text
(2 pgs) Agreed Order granting motion for 2004 examination of Timothy D. McMahon (related doc 32) Entered on 3/3/2017. (Rielly, Bill)