Case number: 3:25-bk-01945 - Sterne Wood, LLC - California Southern Bankruptcy Court

Case Information
Docket Header
CrtNote



U.S. Bankruptcy Court
Southern District of California (San Diego)
Bankruptcy Petition #: 25-01945-JBM11

Assigned to: Judge J. Barrett Marum
Chapter 11
Voluntary
Asset


Date filed:  05/13/2025
341 meeting:  07/16/2025
Deadline for filing claims:  07/22/2025
Deadline for filing claims (govt.):  11/10/2025

Debtor

Sterne Wood, LLC

4683 Point Loma Ave
San Diego, CA 92107
SAN DIEGO-CA
Tax ID / EIN: 82-1838294

represented by
Donald Reid

Law Office of Donald W. Reid
PO Box 2227
Fallbrook, CA 92088
951-777-2460
Email: don@donreidlaw.com

Thomas K. Shanner

Shanner & Associates
7777 Alvarado Road
Suite 307
La Mesa, CA 91942
(619) 232-3057
Email: toby@shannerlaw.com

United States Trustee

United States Trustee

Office of the U.S. Trustee
880 Front Street
Suite 3230
San Diego, CA 92101
619-557-5013
represented by
Elvina Rofael

DOJ-Ust
880 Front Street, Third Floor
Ste 3230
San Diego, CA 92101
202-934-4062
Email: elvina.rofael@usdoj.gov

Neil J. Verbrugge

DOJ-Ust
300 Ala Moana Boulevard
Room 4108
Honolulu, HI 96850
808-522-8155
Email: neil.verbrugge@usdoj.gov

Latest Dockets

Date Filed#Docket Text
11/17/2025104
Tentative Ruling.
Department 2: Hearing Date and Time: 11/20/2025 @ 2:00 PM (related documents 98 ~Generic~ Motion) (Paluso, R.) (Entered: 11/17/2025)
11/07/2025103Secured Creditor Innovative Capital REIT, LLC's Opposition to Motion to Approve Disclosure Statement filed by Meredith King of Franklin Soto Leeds LLP on behalf of on behalf of Innovative Capital REIT, LLC. (Attachments: # 1 Proof of Service) (related documents 97 Disclosure Statement, 98 Generic Motion) (King, Meredith) (Entered: 11/07/2025)
11/06/2025102Proof of Service filed by Neil J. Verbrugge on behalf of United States Trustee. (related documents 101 Response) (Verbrugge, Neil) (Entered: 11/06/2025)
11/06/2025101Response United States Trustee's Statement and Reservation of Rights Regarding Debtor-in-Possession's Motion to Approve Disclosure Statement Describing Debtor's Chapter 11 Plan of Liquidation Dated September 25, 2025 filed by Neil J. Verbrugge of DOJ-Ust on behalf of on behalf of United States Trustee. (related documents 98 Generic Motion) (Verbrugge, Neil) (Entered: 11/06/2025)
10/10/2025100Notice of Hearing and Motion for Approval of Chapter 11 Disclosure Statement (REFILED) and Certificate of Service. Filed by Donald Reid on behalf of Sterne Wood, LLC.
HEARING Scheduled for 11/20/2025 at 02:00 PM at Courtroom 2, Room 118, Weinberger Courthouse
. Notice Served On: 10/9/2025. Opposition due on 11/6/2025 unless an objector is entitled to additional time under FRBP 9006. (related documents 98 Generic Motion) (Reid, Donald) Modified on 10/10/2025 (Cary, B.). (Entered: 10/10/2025)
10/09/202599Notice of Hearing and Motion for Approval of Chapter 11 Disclosure Statement and Certificate of Service. Filed by Donald Reid on behalf of Sterne Wood, LLC.
HEARING Scheduled for 11/20/2025 at 02:00 PM at Courtroom 2, Room 118, Weinberger Courthouse
. Notice Served On: 10/9/2025. Opposition due on 11/6/2025 unless an objector is entitled to additional time under FRBP 9006. (related documents 98 Generic Motion) (Reid, Donald) Modified on 10/10/2025 (Cary, B.). (Entered: 10/09/2025)
10/09/202598Motion tp Approve Disclosure Statement Describing Debtor's Chapter 11 Plan of Liquidation Dated September 25, 2025 filed by Donald Reid on behalf of Sterne Wood, LLC (related documents 97 Disclosure Statement) (Reid, Donald) (Entered: 10/09/2025)
10/09/202597Disclosure Statement filed by Donald Reid on behalf of Sterne Wood, LLC. (related documents 1 Chapter 11 Voluntary Petition, 96 Chapter 11 Plan)(Reid, Donald) (Entered: 10/09/2025)
09/25/202596Initial Chapter 11 Plan of Reorganization filed by Donald Reid on behalf of Sterne Wood, LLC. (related documents 1 Chapter 11 Voluntary Petition)(Reid, Donald) (Entered: 09/25/2025)
09/11/202595
Court Minutes
Hearing Date 09/11/2025, MATTER: 1) MOTION FOR ORDER: (1) APPROVING THE SALE OF REAL PROPERTY (2) FINDING BUYERS ARE GOOD FAITH PURCHASERS; (3) AUTHORIZING PAYMENT OF REAL ESTATE FEES AND COSTS OF SALE; AND (4) WAIVING FOURTEEN-DAY STAY OF RULE 6004(h) FILED ON BEHALF OF STERNE WOOD, LLC (ON SHORTENED TIME) 2) STATUS CONFERENCE ON CHAPTER 11 PETITION (fr 8/21/25)
DISPOSITION: See Attached PDF document for details.
HEARING Scheduled for 11/20/2025 at 02:00 PM at Courtroom 2, Room 118, Weinberger Courthouse
(related documents 1 Chapter 11 Voluntary Petition, 84 Motion to Sell) (Paluso, R.) (Entered: 09/12/2025)