Texas Northern Bankruptcy Court

Case number: 3:26-bk-33254 - Green Sapphire Holdings Inc. - Texas Northern Bankruptcy Court

Case Information
Case title
Green Sapphire Holdings Inc.
Chapter
7
Judge
Michelle V. Larson
Filed
07/21/2026
Last Filing
09/29/2026
Asset
No
Vol
i
Docket Header

REFORM, EXHIBITS




U.S. Bankruptcy Court
Northern District of Texas (Dallas)
Bankruptcy Petition #: 26-33254-mvl7

Assigned to: Michelle V. Larson
Chapter 7
Involuntary


Date filed:  07/21/2026

Petitioning Creditor

lecocqassociate

c/o Dominique Lecocq
Ave de la Gare des Eau-Vives 28
CH-1208
Geneva
Switzerland

represented by
Manolo R Santiago

Tittle Santiago, PLLC
1125 Legacy Dr.
Suite 230
Frisco, TX 75034
863-303-7140
Email: [email protected]

Brandon J Tittle

Tittle Santiago, PLLC
1125 Legacy Dr.
Suite 230
Frisco, TX 75034
(972)-213-2316
Email: [email protected]

Brandon John Tittle

Tittle Santiago, PLLC
1125 Legacy Dr.
Suite 230
Frisco, TX 75034
972-213-2316
Email: [email protected]

Petitioning Creditor

Legamaro Banipal LLP

c/o Michael Legamaro
123 Wacker Drive
Suite 1400
Chicago, IL 60606

represented by
Manolo R Santiago

(See above for address)

Brandon J Tittle

(See above for address)

Brandon John Tittle

(See above for address)

Petitioning Creditor

Charles-Hubert Vanoverberghe

9 rue Boissy d'Anglas
75008 Paris

represented by
Manolo R Santiago

(See above for address)

Brandon J Tittle

(See above for address)

Brandon John Tittle

(See above for address)

Petitioning Creditor

Lazareff Le Bars Legal Advisory Limited (ADGM)

Al Maryah Island
ADGM Square, Al Maqam Tower
34th Floor, Abu Dhabi
United Arab Emirates

represented by
Manolo R Santiago

(See above for address)

Brandon John Tittle

(See above for address)

Petitioning Creditor

Lazareff Le Bars SARL

10 Place Vendome
2nd Floor
75001 Paris, France

represented by
Manolo R Santiago

(See above for address)

Brandon John Tittle

(See above for address)

Alleged Debtor

Green Sapphire Holdings Inc.

3500 Oak Lawn Ave
Ste. 460
Dallas, TX 75219
DALLAS-TX
Tax ID / EIN: XX-XXXXXXX

represented by
Andrew S. Dupre

Akerman LLP
222 Delaware Avenue
Suite 1710
Wilmington, DE 19081
302-596-9200
Email: [email protected]

David William Parham

Akerman LLP
2001 Ross Avenue, Suite 3600
Dallas, TX 75201
(214) 720-4300
Fax : (214) 981-9339
Email: [email protected]

R. Adam Swick

Akerman LLP
500 W. 5th Street
Suite 1210
Austin, TX 78701
737-999-7103
Email: [email protected]

U.S. Trustee

United States Trustee

1100 Commerce Street
Room 976
Dallas, TX 75202
214-767-8967
 
 

Latest Dockets
Date Filed#Docket Text
09/22/202677Docket Text
(14 pgs; 2 docs) Adversary case 26-03096. Complaint by Green Sapphire Holdings Inc. against Global Capital Partners LLC. Fee Amount $350 (Attachments: # 1 Adversary Cover Sheet). Nature(s) of suit: 72 (Injunctive relief - other). 91 (Declaratory judgment). (Swick, R.)
09/22/202676Docket Text
Transcript regarding Hearing Held 09/21/2026 before Judge Michelle V. Larson (70 pages) RE: Petitioning Creditors' Emergency Objection to Global's Notice of Withdrawal 58. THIS TRANSCRIPT WILL BE MADE ELECTRONICALLY AVAILABLE TO THE GENERAL PUBLIC 90 DAYS AFTER THE DATE OF FILING. TRANSCRIPT RELEASE DATE IS 12/21/2026. Until that time the transcript may be viewed at the Clerk's Office or a copy may be obtained from the official court transcriber. Court Reporter/Transcriber Kathy Rehling, [email protected], Telephone number 972-786-3063. (RE: related document(s) 75 Hearing held on 9/21/2026. (RE: related document(s)58 PETITIONING CREDITORS EMERGENCY OBJECTION TO GLOBALS NOTICE OF WITHDRAWAL; EMERGENCY REQUEST FOR WITHPREJUDICE DISPOSITION; AND ALTERNATIVE EMERGENCY MOTION TO PRESERVE THE SEPTEMBER 14 EVIDENTIARY HEARING (related documents 11 Motion to dismiss case) Filed by Petitioning Creditors Lazareff Le Bars Legal Advisory Limited (ADGM), Lazareff Le Bars SARL, Legamaro Banipal LLP, Charles-Hubert Vanoverberghe, lecocqassociate (Attachments: # 1 Proposed Order # 2 Alternative Proposed Order # 3 Exhibit Index # 4 Exhibit A # 5 Exhibit B # 6 Exhibit C # 7 Exhibit D # 8 Exhibit E # 9 Exhibit F # 10 Exhibit G # 11 Exhibit H # 12 Exhibit I # 13 Exhibit J # 14 Exhibit K # 15 Exhibit L # 16 Exhibit M) (Tittle, Brandon) Modified TEXT on 9/16/2026 (had).) (Hearing Held: Counsel appeared for Green Sapphire Holdings Inc., Petitioning Creditors lecocqassociate, Legamaro Banipal LLP, Charles-Hubert Vanoverberghe, Lazareff Le Bars Legal Advisory Limited (ADGM), and Lazareff Le Bars SARL, and Global Capital Partners, LLC. Order for Relief unopposed. Chapter 11 Order for Relief to be issued for Green Sapphire Holdings Inc. For the reasons stated on the record, Petitioning Creditors Motion to deem withdrawal of Motion to Dismiss with prejudice DENIED; provided however, Court cautions parties to avoid gamesmanship in a race to res judicata. Dkt. No. 61 to be set at later time given entry of order for relief. Dkt. No. 56 set for 10/8/26 at 2:30 PM, with briefing to be complete by 10/5/26.)). Transcript to be made available to the public on 12/21/2026. (Rehling, Kathy)
09/21/202675Docket Text
Hearing held on 9/21/2026. (RE: related document(s)58 PETITIONING CREDITORS EMERGENCY OBJECTION TO GLOBALS NOTICE OF WITHDRAWAL; EMERGENCY REQUEST FOR WITHPREJUDICE DISPOSITION; AND ALTERNATIVE EMERGENCY MOTION TO PRESERVE THE SEPTEMBER 14 EVIDENTIARY HEARING (related documents 11 Motion to dismiss case) Filed by Petitioning Creditors Lazareff Le Bars Legal Advisory Limited (ADGM), Lazareff Le Bars SARL, Legamaro Banipal LLP, Charles-Hubert Vanoverberghe, lecocqassociate (Attachments: # 1 Proposed Order # 2 Alternative Proposed Order # 3 Exhibit Index # 4 Exhibit A # 5 Exhibit B # 6 Exhibit C # 7 Exhibit D # 8 Exhibit E # 9 Exhibit F # 10 Exhibit G # 11 Exhibit H # 12 Exhibit I # 13 Exhibit J # 14 Exhibit K # 15 Exhibit L # 16 Exhibit M) (Tittle, Brandon) Modified TEXT on 9/16/2026 (had).) (Hearing Held: Counsel appeared for Green Sapphire Holdings Inc., Petitioning Creditors lecocqassociate, Legamaro Banipal LLP, Charles-Hubert Vanoverberghe, Lazareff Le Bars Legal Advisory Limited (ADGM), and Lazareff Le Bars SARL, and Global Capital Partners, LLC. Order for Relief unopposed. Chapter 11 Order for Relief to be issued for Green Sapphire Holdings Inc. For the reasons stated on the record, Petitioning Creditors Motion to deem withdrawal of Motion to Dismiss with prejudice DENIED; provided however, Court cautions parties to avoid gamesmanship in a race to res judicata. Dkt. No. 61 to be set at later time given entry of order for relief. Dkt. No. 56 set for 10/8/26 at 2:30 PM, with briefing to be complete by 10/5/26.) (Robinson, Bryon) (Entered: 09/22/2026)
09/21/202674Docket Text
(6 pgs) Notice of hearing filed by Creditor Global Capital Partners, LLC (RE: related document(s)56 Motion to transfer case to the Northern District of Illinois, Eastern division. Filed by Creditor Global Capital Partners, LLC (Attachments: # 1 Exhibit 1 - Voluntary Petition for Non-Individuals Filing for Bankruptcy, May 14, 2025, In re Green Sapphire I # 2 Exhibit 2 - Order Granting Motion to Dismiss and Refiling Bar, July 17, 2026, In re Green Sapphire I # 3 Exhibit 3 - Show Cause Order Granting Motion to Reopen, September 2, 2026, In re Green Sapphire I # 4 Exhibit 4 - Published Post-Trial Opinion, March 13, 2026 # 5 Exhibit 5 - Motion by Plaintiffs Alpha Carta, Ltd for leave to file Fourth Amended Complaint (Wolfe, et al. v. Looper, et al., N.D. Ill. Case 1:24-cv-01538) # 6 Exhibit 6 - Green Sapphire Holdings, Inc., Entity Registration September 6, 2026 (Illinois Secretary of State website and the Texas Secretary of State website) # 7 Exhibit 7 - Debtors Statement of Financial Affairs, June 24, 2025 # 8 Exhibit 8 - Transcript of the deposition of Timothy Yuskus, August 8, 2025 # 9 Exhibit 9 - 60 Degrees Group, LLC Entity Registration September 6, 2026 (Illinois Secretary of State website) # 10 Exhibit 10 - Thane Ritchie Capital Management, 2024 (Ritchie Dep. Ex. 10) # 11 Exhibit 11 - Order and Final Judgment, April 14, 2026 # 12 Exhibit 12 - Motion for Entry of a Rule to Show Cause, to Enjoin and Void Delaware Final Order and Shorten Notice, April 17, 2026 # 13 Exhibit 13 - Hearing Transcript, June 16, 2026 # 14 Exhibit 14 - Order Denying the Motion, June 22, 2026 # 15 Exhibit 15 - Memorandum Addressing Contempt, June 23, 2026, Court of Chancery Case # 16 Exhibit 16 - Adversary Complaint dated May 29, 2026, In re Green Sapphire I # 17 Exhibit 17 - Order Denying Application to Employ, October 14, 2025, In re Green Sapphire I, Dkt 88. [No Document Minute Entry] # 18 Exhibit 18 - Monthly Operating Report May 2026 filed June 21, 2026 # 19 Exhibit 19 - Schedule A/B: Assets -Real and Personal Property dated October 30, 2025 Green Sapphire I # 20 Exhibit 20 - Order Setting Hearing, July 20, 2026, Court of Chancery Case # 21 Exhibit 21 - Transcript of Proceedings at Status Conference, August 18, 2026 # 22 Exhibit 22 - Transcript of First Meeting of Creditors, June 25, 2025, In re Green Sapphire I # 23 Proposed Order Motion to Transfer)). Hearing to be held on 10/8/2026 at 02:30 PM at https://us-courts.webex.com/meet/larson for 56, (Hamilton, Spencer)
09/21/202673Docket Text
(1 pg) Request for Transcript regarding a hearing held on 9/21/2026. The requested turn-around time is hourly. filed by Creditor Global Capital Partners, LLC. (Hamilton, Spencer)
09/21/202672Docket Text
(1 pg) Request for Transcript regarding a hearing held on 9/21/2026. The requested turn-around time is hourly. filed by Alleged Debtor Green Sapphire Holdings Inc.. (Swick, R.)
09/21/202671Docket Text
(1 pg) Court admitted exhibits date of hearing 9/21/26 Petitioning Creditors Lazareff Le Bars Legal Advisory Limited (ADGM), Lazareff Le Bars SARL, Legamaro Banipal LLP, Charles-Hubert Vanoverberghe, lecocqassociate's EXHIBITS 1-26 ADMITTED SEE DKT#68 (RE: related document(s)58 PETITIONING CREDITORS EMERGENCY OBJECTION TO GLOBALS NOTICE OF WITHDRAWAL; EMERGENCY REQUEST FOR WITHPREJUDICE DISPOSITION; AND ALTERNATIVE EMERGENCY MOTION TO PRESERVE THE SEPTEMBER 14 EVIDENTIARY HEARING (related documents 11 Motion to dismiss case) Filed by Petitioning Creditors Lazareff Le Bars Legal Advisory Limited (ADGM), Lazareff Le Bars SARL, Legamaro Banipal LLP, Charles-Hubert Vanoverberghe, lecocqassociate (Attachments: # 1 Proposed Order # 2 Alternative Proposed Order # 3 Exhibit Index # 4 Exhibit A # 5 Exhibit B # 6 Exhibit C # 7 Exhibit D # 8 Exhibit E # 9 Exhibit F # 10 Exhibit G # 11 Exhibit H # 12 Exhibit I # 13 Exhibit J # 14 Exhibit K # 15 Exhibit L # 16 Exhibit M) (Tittle, Brandon) Modified TEXT on 9/16/2026 (had).) (Robinson, Bryon)
09/18/202670Docket Text
(77 pgs; 4 docs) Witness and Exhibit List for the September 21, 2026 Hearing filed by Alleged Debtor Green Sapphire Holdings Inc. (RE: related document(s)58 Motion to set hearing(related documents 11 Motion to dismiss case)). (Attachments: # 1 Exhibit 1 # 2 Exhibit 2 # 3 Exhibit 3) (Parham, David)
09/18/202669Docket Text
(310 pgs) Response opposed to (related document(s): 58 Motion to set hearing(related documents 11 Motion to dismiss case) filed by Petitioning Creditor lecocqassociate, Petitioning Creditor Legamaro Banipal LLP, Petitioning Creditor Charles-Hubert Vanoverberghe, Petitioning Creditor Lazareff Le Bars Legal Advisory Limited (ADGM), Petitioning Creditor Lazareff Le Bars SARL) filed by Creditor Global Capital Partners, LLC. (Hamilton, Spencer)
09/17/202668Docket Text
(344 pgs; 27 docs) Exhibit List filed by Petitioning Creditors Lazareff Le Bars Legal Advisory Limited (ADGM), Lazareff Le Bars SARL, Legamaro Banipal LLP, Charles-Hubert Vanoverberghe, lecocqassociate (RE: related document(s)36 Motion for leave to File First Amended Involuntary Petition to Correct Chapter Designation, Preserve the July 21, 2026 Petition Date, and Confirm the Continuing Effect of Filed Joinders (related document(s) 1 Involuntary petition (chapter 11)), 58 Motion to set hearing(related documents 11 Motion to dismiss case)). (Attachments: # 1 Exhibit 1 # 2 Exhibit 2 # 3 Exhibit 3 # 4 Exhibit 4 # 5 Exhibit 5 # 6 Exhibit 6 # 7 Exhibit 7 # 8 Exhibit 8 # 9 Exhibit 9 # 10 Exhibit 10 # 11 Exhibit 11 # 12 Exhibit 12 # 13 Exhibit 13 # 14 Exhibit 14 # 15 Exhibit 15 # 16 Exhibit 16 # 17 Exhibit 17 # 18 Exhibit 18 # 19 Exhibit 19 # 20 Exhibit 20 # 21 Exhibit 21 # 22 Exhibit 22 # 23 Exhibit 23 # 24 Exhibit 24 # 25 Exhibit 25 # 26 Exhibit 26) (Tittle, Brandon)