Case number: 1:24-bk-10503 - Laxmi Capital, LLC - California Central Bankruptcy Court

Case Information

Case title
Laxmi Capital, LLC
Court
California Central (cacbke)
Chapter
11
Judge
Martin R. Barash
Filed
03/28/2024
Last Filing
06/11/2025
Asset
Yes
Vol
v

Docket Header

Subchapter_V

U.S. Bankruptcy Court
Central District of California (San Fernando Valley)
Bankruptcy Petition #: 1:24-bk-10503-MB

Assigned to: Martin R. Barash
Chapter 11
Voluntary
Asset

Date filed:	03/28/2024
341 meeting:	05/02/2024
Deadline for filing claims:	06/06/2024
Deadline for filing claims (govt.):	09/24/2024
Deadline for objecting to discharge:	07/01/2024

Debtor Laxmi Capital, LLC 21781 Ventura Blvd #666 Woodland Hills, CA 91364 LOS ANGELES-CA Tax ID / EIN: 45-3699119	represented by	Sandford L. Frey Leech Tishman Fuscaldo & Lampl, Inc. 200 South Los Robles Avenue Suite 300 Pasadena, CA 91101 626-796-4000 Fax : 626-795-6321 Email: sfrey@leechtishman.com Lori Schwartz Leech Tishman Robinson Brog, PLLC 875 3rd Ave., 9th Fl 9th Floor New York, NY 10022 212-603-6300 Fax : 212-956-2164 Email: lschwartz@leechtishman.com
Trustee John-Patrick McGinnis Fritz (TR) 2818 La Cienega Avenue Los Angeles, CA 90034 310-229-1234
U.S. Trustee United States Trustee (SV) 915 Wilshire Blvd, Suite 1850 Los Angeles, CA 90017 (213) 894-6811	represented by	Russell Clementson 915 Wilshire Blvd., Suite 1850 Los Angeles, CA 90017 213-894-4505 Fax : 213-894-0276 Email: russell.clementson@usdoj.gov

Latest Dockets

Date Filed	#	Docket Text
05/20/2025	156	Declaration re: Declaration of Dean Mathew, Manager of the Debtor, In Support of Confirmation of Subchapter V Debtor's Fourth Amended Plan of Reorganization Filed by Debtor Laxmi Capital, LLC (RE: related document(s)153 Amended Chapter 11 Plan). (Schwartz, Lori) (Entered: 05/20/2025)
05/20/2025	155	Exhibit - Exhibit B: Financial Projections To Subchapter V Debtor's Fourth Amended Plan of Reorganization Filed by Debtor Laxmi Capital, LLC (RE: related document(s)153 Amended Chapter 11 Plan). (Schwartz, Lori) (Entered: 05/20/2025)
05/20/2025	154	Summary of ballots - Certification of Acceptances and Rejections of Subchapter V Debtor's Fourth Amended Plan of Reorganization Filed by Debtor Laxmi Capital, LLC. (Schwartz, Lori) (Entered: 05/20/2025)
05/19/2025	153	Amended Chapter 11 Plan -Subchapter V Debtor's Fourth Amended Plan of Reorganization [re-filed to reflect correct confirmation hearing date of June 18, 2025 at 1:30 p.m. (PT)] Filed by Debtor Laxmi Capital, LLC (RE: related document(s)150 Amended Chapter 11 Plan - Subchapter V Debtor's Fourth Amended Plan of Reorganization Filed by Debtor Laxmi Capital, LLC (RE: related document(s)148 Amended Chapter 11 Plan - Subchapter V Debtor's Third Amended Plan of Reorganization Filed by Debtor Laxmi Capital, LLC (RE: related document(s)145 Amended Chapter 11 Plan - Subchapter V Debtor's Second Amended Plan of Reorganization Filed by Debtor Laxmi Capital, LLC (RE: related document(s)111 Amended Chapter 11 Plan - Subchapter V Debtor's Amended Plan Of Reorganization Filed by Debtor Laxmi Capital, LLC (RE: related document(s)62 Chapter 11 Plan of Reorganization - Subchapter V Debtor's Plan of Reorganization Filed by Debtor Laxmi Capital, LLC (RE: related document(s)1 Chapter 11 Subchapter V Voluntary Petition Non-Individual. Fee Amount $1738 Filed by LAXMI CAPITAL, LLC List of Equity Security Holders due 04/11/2024. Summary of Assets and Liabilities (Form 106Sum or 206Sum ) due 04/11/2024. Schedule A/B: Property (Form 106A/B or 206A/B) due 04/11/2024. Schedule C: The Property You Claim as Exempt (Form 106C) due 04/11/2024. Schedule D: Creditors Who Have Claims Secured by Property (Form 106D or 206D) due 04/11/2024. Schedule E/F: Creditors Who Have Unsecured Claims (Form 106E/F or 206E/F) due 04/11/2024. Schedule G: Executory Contracts and Unexpired Leases (Form 106G or 206G) due 04/11/2024. Schedule H: Your Codebtors (Form 106H or 206H) due 04/11/2024. Schedule I: Your Income (Form 106I) due 04/11/2024. Schedule J: Your Expenses (Form 106J) due 04/11/2024. Declaration About an Individual Debtors Schedules (Form 106Dec) due 04/11/2024. Declaration Under Penalty of Perjury for Non-Individual Debtors (Form 202) due 04/11/2024. Statement of Financial Affairs (Form 107 or 207) due 04/11/2024. Chapter 11 Statement of Your Current Monthly Income (Form 122B) Due: 04/11/2024. Incomplete Filings due by 04/11/2024. Chapter 11 Plan Subchapter V Due by 06/26/2024. (Frey, Sandford) CORRECTION: Also deficient for Corporate Resolution due 04/11/2024, Corporate Ownership due 04/11/2024, Disclosure of compensation of attorney due 04/11/2024. Not deficient for Schedule C, Schedule I, Schedule J, Decl. re:schedules, Form 122B. Modified on 3/29/2024 (RT).).).).).).). (Schwartz, Lori) (Entered: 05/19/2025)
05/19/2025	152	Notice to Filer of Error and/or Deficient Document Incorrect hearing date listed on this pleading. The 6/4/25 confirmation hearing was continued on the Court's own motion on 4/16/25 to 6/18/25 at 1:30 pm THE FILER IS INSTRUCTED TO FILE AN AMENDED PLEADING WITH THE CORRECT HEARING INFORMATION. (RE: related document(s)150 Amended Chapter 11 Plan filed by Debtor Laxmi Capital, LLC) (JC) (Entered: 05/19/2025)
05/19/2025	151	Amended Chapter 11 Plan - [redline as compared to the third amended plan filed as May 7, 2025 [ECF Doc. 148] Subchapter V Debtors Fourth Amended Plan of Reorganization Filed by Debtor Laxmi Capital, LLC (RE: related document(s)148 Amended Chapter 11 Plan - Subchapter V Debtor's Third Amended Plan of Reorganization Filed by Debtor Laxmi Capital, LLC (RE: related document(s)145 Amended Chapter 11 Plan - Subchapter V Debtor's Second Amended Plan of Reorganization Filed by Debtor Laxmi Capital, LLC (RE: related document(s)111 Amended Chapter 11 Plan - Subchapter V Debtor's Amended Plan Of Reorganization Filed by Debtor Laxmi Capital, LLC (RE: related document(s)62 Chapter 11 Plan of Reorganization - Subchapter V Debtor's Plan of Reorganization Filed by Debtor Laxmi Capital, LLC (RE: related document(s)1 Chapter 11 Subchapter V Voluntary Petition Non-Individual. Fee Amount $1738 Filed by LAXMI CAPITAL, LLC List of Equity Security Holders due 04/11/2024. Summary of Assets and Liabilities (Form 106Sum or 206Sum ) due 04/11/2024. Schedule A/B: Property (Form 106A/B or 206A/B) due 04/11/2024. Schedule C: The Property You Claim as Exempt (Form 106C) due 04/11/2024. Schedule D: Creditors Who Have Claims Secured by Property (Form 106D or 206D) due 04/11/2024. Schedule E/F: Creditors Who Have Unsecured Claims (Form 106E/F or 206E/F) due 04/11/2024. Schedule G: Executory Contracts and Unexpired Leases (Form 106G or 206G) due 04/11/2024. Schedule H: Your Codebtors (Form 106H or 206H) due 04/11/2024. Schedule I: Your Income (Form 106I) due 04/11/2024. Schedule J: Your Expenses (Form 106J) due 04/11/2024. Declaration About an Individual Debtors Schedules (Form 106Dec) due 04/11/2024. Declaration Under Penalty of Perjury for Non-Individual Debtors (Form 202) due 04/11/2024. Statement of Financial Affairs (Form 107 or 207) due 04/11/2024. Chapter 11 Statement of Your Current Monthly Income (Form 122B) Due: 04/11/2024. Incomplete Filings due by 04/11/2024. Chapter 11 Plan Subchapter V Due by 06/26/2024. (Frey, Sandford) CORRECTION: Also deficient for Corporate Resolution due 04/11/2024, Corporate Ownership due 04/11/2024, Disclosure of compensation of attorney due 04/11/2024. Not deficient for Schedule C, Schedule I, Schedule J, Decl. re:schedules, Form 122B. Modified on 3/29/2024 (RT).).).).)., 150 Amended Chapter 11 Plan - Subchapter V Debtor's Fourth Amended Plan of Reorganization Filed by Debtor Laxmi Capital, LLC (RE: related document(s)148 Amended Chapter 11 Plan - Subchapter V Debtor's Third Amended Plan of Reorganization Filed by Debtor Laxmi Capital, LLC (RE: related document(s)145 Amended Chapter 11 Plan - Subchapter V Debtor's Second Amended Plan of Reorganization Filed by Debtor Laxmi Capital, LLC (RE: related document(s)111 Amended Chapter 11 Plan - Subchapter V Debtor's Amended Plan Of Reorganization Filed by Debtor Laxmi Capital, LLC (RE: related document(s)62 Chapter 11 Plan of Reorganization - Subchapter V Debtor's Plan of Reorganization Filed by Debtor Laxmi Capital, LLC (RE: related document(s)1 Chapter 11 Subchapter V Voluntary Petition Non-Individual. Fee Amount $1738 Filed by LAXMI CAPITAL, LLC List of Equity Security Holders due 04/11/2024. Summary of Assets and Liabilities (Form 106Sum or 206Sum ) due 04/11/2024. Schedule A/B: Property (Form 106A/B or 206A/B) due 04/11/2024. Schedule C: The Property You Claim as Exempt (Form 106C) due 04/11/2024. Schedule D: Creditors Who Have Claims Secured by Property (Form 106D or 206D) due 04/11/2024. Schedule E/F: Creditors Who Have Unsecured Claims (Form 106E/F or 206E/F) due 04/11/2024. Schedule G: Executory Contracts and Unexpired Leases (Form 106G or 206G) due 04/11/2024. Schedule H: Your Codebtors (Form 106H or 206H) due 04/11/2024. Schedule I: Your Income (Form 106I) due 04/11/2024. Schedule J: Your Expenses (Form 106J) due 04/11/2024. Declaration About an Individual Debtors Schedules (Form 106Dec) due 04/11/2024. Declaration Under Penalty of Perjury for Non-Individual Debtors (Form 202) due 04/11/2024. Statement of Financial Affairs (Form 107 or 207) due 04/11/2024. Chapter 11 Statement of Your Current Monthly Income (Form 122B) Due: 04/11/2024. Incomplete Filings due by 04/11/2024. Chapter 11 Plan Subchapter V Due by 06/26/2024. (Frey, Sandford) CORRECTION: Also deficient for Corporate Resolution due 04/11/2024, Corporate Ownership due 04/11/2024, Disclosure of compensation of attorney due 04/11/2024. Not deficient for Schedule C, Schedule I, Schedule J, Decl. re:schedules, Form 122B. Modified on 3/29/2024 (RT).).).).).).). (Schwartz, Lori) (Entered: 05/19/2025)
05/19/2025	150	Amended Chapter 11 Plan - Subchapter V Debtor's Fourth Amended Plan of Reorganization Filed by Debtor Laxmi Capital, LLC (RE: related document(s)148 Amended Chapter 11 Plan - Subchapter V Debtor's Third Amended Plan of Reorganization Filed by Debtor Laxmi Capital, LLC (RE: related document(s)145 Amended Chapter 11 Plan - Subchapter V Debtor's Second Amended Plan of Reorganization Filed by Debtor Laxmi Capital, LLC (RE: related document(s)111 Amended Chapter 11 Plan - Subchapter V Debtor's Amended Plan Of Reorganization Filed by Debtor Laxmi Capital, LLC (RE: related document(s)62 Chapter 11 Plan of Reorganization - Subchapter V Debtor's Plan of Reorganization Filed by Debtor Laxmi Capital, LLC (RE: related document(s)1 Chapter 11 Subchapter V Voluntary Petition Non-Individual. Fee Amount $1738 Filed by LAXMI CAPITAL, LLC List of Equity Security Holders due 04/11/2024. Summary of Assets and Liabilities (Form 106Sum or 206Sum ) due 04/11/2024. Schedule A/B: Property (Form 106A/B or 206A/B) due 04/11/2024. Schedule C: The Property You Claim as Exempt (Form 106C) due 04/11/2024. Schedule D: Creditors Who Have Claims Secured by Property (Form 106D or 206D) due 04/11/2024. Schedule E/F: Creditors Who Have Unsecured Claims (Form 106E/F or 206E/F) due 04/11/2024. Schedule G: Executory Contracts and Unexpired Leases (Form 106G or 206G) due 04/11/2024. Schedule H: Your Codebtors (Form 106H or 206H) due 04/11/2024. Schedule I: Your Income (Form 106I) due 04/11/2024. Schedule J: Your Expenses (Form 106J) due 04/11/2024. Declaration About an Individual Debtors Schedules (Form 106Dec) due 04/11/2024. Declaration Under Penalty of Perjury for Non-Individual Debtors (Form 202) due 04/11/2024. Statement of Financial Affairs (Form 107 or 207) due 04/11/2024. Chapter 11 Statement of Your Current Monthly Income (Form 122B) Due: 04/11/2024. Incomplete Filings due by 04/11/2024. Chapter 11 Plan Subchapter V Due by 06/26/2024. (Frey, Sandford) CORRECTION: Also deficient for Corporate Resolution due 04/11/2024, Corporate Ownership due 04/11/2024, Disclosure of compensation of attorney due 04/11/2024. Not deficient for Schedule C, Schedule I, Schedule J, Decl. re:schedules, Form 122B. Modified on 3/29/2024 (RT).).).).).). (Schwartz, Lori) (Entered: 05/19/2025)
05/19/2025		Hearing Rescheduled/Continued (Motion) (BK Case - BNC Option) (RE: related document(s) 1 VOLUNTARY PETITION (CHAPTER 11) filed by Laxmi Capital, LLC) Hearing to be held on 06/18/2025 at 01:30 PM 21041 Burbank BlvdWoodland Hills, CA 91367 for 1 , (JC) (Entered: 05/19/2025)
05/07/2025	149	Amended Chapter 11 Plan - [redline as compared to the second amended plan filed as ECF Doc. 145] Subchapter V Debtors Third Amended Plan of Reorganization Filed by Debtor Laxmi Capital, LLC (RE: related document(s)145 Amended Chapter 11 Plan - Subchapter V Debtor's Second Amended Plan of Reorganization Filed by Debtor Laxmi Capital, LLC (RE: related document(s)111 Amended Chapter 11 Plan - Subchapter V Debtor's Amended Plan Of Reorganization Filed by Debtor Laxmi Capital, LLC (RE: related document(s)62 Chapter 11 Plan of Reorganization - Subchapter V Debtor's Plan of Reorganization Filed by Debtor Laxmi Capital, LLC (RE: related document(s)1 Chapter 11 Subchapter V Voluntary Petition Non-Individual. Fee Amount $1738 Filed by LAXMI CAPITAL, LLC List of Equity Security Holders due 04/11/2024. Summary of Assets and Liabilities (Form 106Sum or 206Sum ) due 04/11/2024. Schedule A/B: Property (Form 106A/B or 206A/B) due 04/11/2024. Schedule C: The Property You Claim as Exempt (Form 106C) due 04/11/2024. Schedule D: Creditors Who Have Claims Secured by Property (Form 106D or 206D) due 04/11/2024. Schedule E/F: Creditors Who Have Unsecured Claims (Form 106E/F or 206E/F) due 04/11/2024. Schedule G: Executory Contracts and Unexpired Leases (Form 106G or 206G) due 04/11/2024. Schedule H: Your Codebtors (Form 106H or 206H) due 04/11/2024. Schedule I: Your Income (Form 106I) due 04/11/2024. Schedule J: Your Expenses (Form 106J) due 04/11/2024. Declaration About an Individual Debtors Schedules (Form 106Dec) due 04/11/2024. Declaration Under Penalty of Perjury for Non-Individual Debtors (Form 202) due 04/11/2024. Statement of Financial Affairs (Form 107 or 207) due 04/11/2024. Chapter 11 Statement of Your Current Monthly Income (Form 122B) Due: 04/11/2024. Incomplete Filings due by 04/11/2024. Chapter 11 Plan Subchapter V Due by 06/26/2024. (Frey, Sandford) CORRECTION: Also deficient for Corporate Resolution due 04/11/2024, Corporate Ownership due 04/11/2024, Disclosure of compensation of attorney due 04/11/2024. Not deficient for Schedule C, Schedule I, Schedule J, Decl. re:schedules, Form 122B. Modified on 3/29/2024 (RT).).).)., 148 Amended Chapter 11 Plan - Subchapter V Debtor's Third Amended Plan of Reorganization Filed by Debtor Laxmi Capital, LLC (RE: related document(s)145 Amended Chapter 11 Plan - Subchapter V Debtor's Second Amended Plan of Reorganization Filed by Debtor Laxmi Capital, LLC (RE: related document(s)111 Amended Chapter 11 Plan - Subchapter V Debtor's Amended Plan Of Reorganization Filed by Debtor Laxmi Capital, LLC (RE: related document(s)62 Chapter 11 Plan of Reorganization - Subchapter V Debtor's Plan of Reorganization Filed by Debtor Laxmi Capital, LLC (RE: related document(s)1 Chapter 11 Subchapter V Voluntary Petition Non-Individual. Fee Amount $1738 Filed by LAXMI CAPITAL, LLC List of Equity Security Holders due 04/11/2024. Summary of Assets and Liabilities (Form 106Sum or 206Sum ) due 04/11/2024. Schedule A/B: Property (Form 106A/B or 206A/B) due 04/11/2024. Schedule C: The Property You Claim as Exempt (Form 106C) due 04/11/2024. Schedule D: Creditors Who Have Claims Secured by Property (Form 106D or 206D) due 04/11/2024. Schedule E/F: Creditors Who Have Unsecured Claims (Form 106E/F or 206E/F) due 04/11/2024. Schedule G: Executory Contracts and Unexpired Leases (Form 106G or 206G) due 04/11/2024. Schedule H: Your Codebtors (Form 106H or 206H) due 04/11/2024. Schedule I: Your Income (Form 106I) due 04/11/2024. Schedule J: Your Expenses (Form 106J) due 04/11/2024. Declaration About an Individual Debtors Schedules (Form 106Dec) due 04/11/2024. Declaration Under Penalty of Perjury for Non-Individual Debtors (Form 202) due 04/11/2024. Statement of Financial Affairs (Form 107 or 207) due 04/11/2024. Chapter 11 Statement of Your Current Monthly Income (Form 122B) Due: 04/11/2024. Incomplete Filings due by 04/11/2024. Chapter 11 Plan Subchapter V Due by 06/26/2024. (Frey, Sandford) CORRECTION: Also deficient for Corporate Resolution due 04/11/2024, Corporate Ownership due 04/11/2024, Disclosure of compensation of attorney due 04/11/2024. Not deficient for Schedule C, Schedule I, Schedule J, Decl. re:schedules, Form 122B. Modified on 3/29/2024 (RT).).).).).). (Schwartz, Lori) (Entered: 05/07/2025)
05/07/2025	148	Amended Chapter 11 Plan - Subchapter V Debtor's Third Amended Plan of Reorganization Filed by Debtor Laxmi Capital, LLC (RE: related document(s)145 Amended Chapter 11 Plan - Subchapter V Debtor's Second Amended Plan of Reorganization Filed by Debtor Laxmi Capital, LLC (RE: related document(s)111 Amended Chapter 11 Plan - Subchapter V Debtor's Amended Plan Of Reorganization Filed by Debtor Laxmi Capital, LLC (RE: related document(s)62 Chapter 11 Plan of Reorganization - Subchapter V Debtor's Plan of Reorganization Filed by Debtor Laxmi Capital, LLC (RE: related document(s)1 Chapter 11 Subchapter V Voluntary Petition Non-Individual. Fee Amount $1738 Filed by LAXMI CAPITAL, LLC List of Equity Security Holders due 04/11/2024. Summary of Assets and Liabilities (Form 106Sum or 206Sum ) due 04/11/2024. Schedule A/B: Property (Form 106A/B or 206A/B) due 04/11/2024. Schedule C: The Property You Claim as Exempt (Form 106C) due 04/11/2024. Schedule D: Creditors Who Have Claims Secured by Property (Form 106D or 206D) due 04/11/2024. Schedule E/F: Creditors Who Have Unsecured Claims (Form 106E/F or 206E/F) due 04/11/2024. Schedule G: Executory Contracts and Unexpired Leases (Form 106G or 206G) due 04/11/2024. Schedule H: Your Codebtors (Form 106H or 206H) due 04/11/2024. Schedule I: Your Income (Form 106I) due 04/11/2024. Schedule J: Your Expenses (Form 106J) due 04/11/2024. Declaration About an Individual Debtors Schedules (Form 106Dec) due 04/11/2024. Declaration Under Penalty of Perjury for Non-Individual Debtors (Form 202) due 04/11/2024. Statement of Financial Affairs (Form 107 or 207) due 04/11/2024. Chapter 11 Statement of Your Current Monthly Income (Form 122B) Due: 04/11/2024. Incomplete Filings due by 04/11/2024. Chapter 11 Plan Subchapter V Due by 06/26/2024. (Frey, Sandford) CORRECTION: Also deficient for Corporate Resolution due 04/11/2024, Corporate Ownership due 04/11/2024, Disclosure of compensation of attorney due 04/11/2024. Not deficient for Schedule C, Schedule I, Schedule J, Decl. re:schedules, Form 122B. Modified on 3/29/2024 (RT).).).).). (Schwartz, Lori) (Entered: 05/07/2025)