Case number: 1:25-bk-12023 - Out The Gate, Inc. - Delaware Bankruptcy Court

Case Information
  • Case title

    Out The Gate, Inc.

  • Court

    Delaware (debke)

  • Chapter

    11

  • Judge

    Karen B Owens

  • Filed

    11/12/2025

  • Last Filing

    04/17/2026

  • Asset

    Yes

  • Vol

    v

Docket Header
LeadSC, SEALEDMATRIX, SealedDoc(s)



U.S. Bankruptcy Court
District of Delaware (Delaware)
Bankruptcy Petition #: 25-12023-KBO

Assigned to: Chief Bankruptcy Jud Karen B Owens
Chapter 11
Voluntary
Asset


Date filed:  11/12/2025
Deadline for filing claims (govt.):  09/01/2026

Debtor

Out The Gate, Inc.

800 Kings Hwy. N.
Cherry Hill, NJ 08034
CAMDEN-NJ
Tax ID / EIN: 86-2018535
aka
Prime Sports

aka
Prime Sportsbook


represented by
Philip W. Allogramento, III

KENNEDYS CMK LLP
400 Connell Drive
Suite 700
Berkeley Heights, NJ 07922
908-605-2953
Email: Phil.allogramento@kennedyslaw.com

Marc Stephen Casarino

Kennedys CMK LLP
222 Delaware Avenue
Suite 710
Wilmington, DE 19801
302-308-6647
Email: marc.casarino@kennedyslaw.com

U.S. Trustee

U.S. Trustee

Office of the United States Trustee
J. Caleb Boggs Federal Building
844 King Street, Suite 2207
Lockbox 35
Wilmington, DE 19801
(302)-573-6491

represented by
Jonathan Lipshie

DOJ-Ust
844 N. King Street
Ste 2207
Wilmington, DE 19801
202-567-1124
Email: jon.lipshie@usdoj.gov

Creditor Committee

Geneva Sports LLC dba Spire Academy

Attn: Adam Coleman, General Counsel
7225 Windsor Blvd, Suite 200
Baltimore, MD 21244

 
 
Creditor Committee

Churchill Downs Racetrack LLC

C/O Churchill Downs Inc
Legal Dept, Attn Andrew Silver
600 N Hurstbourne Pkwy
Louisville, KY 40222

 
 
Creditor Committee

Ramp Business Corporation

Attn: Hinh Tran
28 W 23rd St, Floor 2
New York, NY 10010

 
 
Creditor Committee

Official Committee of Unsecured Creditors
represented by
G. David Dean

Cole Schotz P.C.
500 Delaware Avenue
Suite 600
Wilmington, DE 19801
302-651-2012
Email: ddean@coleschotz.com

Melissa M. Hartlipp

Cole Schotz P.C.
500 Delaware Avenue
Suite 600
Wilmington, DE 19801
302-652-3131
Email: MHartlipp@coleschotz.com

Gary H. Leibowitz

Cole Schotz P.C.
1201 Wills Street
Suite 320
Baltimore, MD 21202
United States
(410) 528-2971
Fax : (410) 528-9401
Email: gleibowitz@coleschotz.com

Latest Dockets

Date Filed#Docket Text
03/26/2026150Affidavit/Declaration of Mailing . Filed by Out The Gate, Inc.. (Attachments: # 1 Service List) (related document(s)147, 148) (Casarino, Marc) (Entered: 03/26/2026)
03/26/2026149Order Scheduling Omnibus Hearing Date. (Related document(s)145) Omnibus Hearing scheduled for 4/15/2026 at 01:00 PM US Bankruptcy Court, 824 Market St., 6th Fl., Courtroom #3, Wilmington, Delaware. Signed on 3/26/2026. (Mml) (Entered: 03/26/2026)
03/25/2026148Motion to Approve Entry of an Order (I) Approving the Disclosure Statement on an Interim Basis; (II) Scheduling a Combined Hearing on Final Approval of the Disclosure Statement and Plan Confirmation and Deadlines Related Thereto; (III) Approving the Solicitation Notice and Tabulation Procedures and The Forms Related Thereto; and (VI) Granting Related Relief (related document(s)145, 146, 147) Filed by Out The Gate, Inc.. Hearing scheduled for 4/15/2026 at 01:00 PM at US Bankruptcy Court, 824 Market St., 6th Fl., Courtroom #3, Wilmington, Delaware. Objections due by 4/8/2026. (Attachments: # 1 Notice # 2 Proposed Form of Order) (Casarino, Marc) (Entered: 03/25/2026)
03/25/2026147Disclosure Statement For The Chapter 11 Plan of Reorganization of Out The Gate, Inc. (related document(s)146) Filed by Out The Gate, Inc. (Attachments: # 1 Exhibit A # 2 Exhibit B # 3 Exhibit C) (Casarino, Marc) (Entered: 03/25/2026)
03/25/2026146Chapter 11 Plan of Reorganization of Out The Gate, Inc. Filed by Out The Gate, Inc. (Casarino, Marc) (Entered: 03/25/2026)
03/25/2026145Certification of Counsel SCHEDULING OF OMNIBUS HEARING DATE Filed by Out The Gate, Inc.. (Attachments: # 1 Proposed Form of Order) (Casarino, Marc) (Entered: 03/25/2026)
03/23/2026144Affidavit/Declaration of Mailing of Order Approving Stipulation (I) Modifying DIP Financing and Customer Programs Stipulation And (II) Resolving Cure Objection of Geneva Sports LLC d/b/a SPIRE Institute and Academy. Filed by Out The Gate, Inc.. (Attachments: # 1 Service List) (related document(s)142) (Casarino, Marc) (Entered: 03/23/2026)
03/20/2026143Chapter 11 Monthly Operating Report for the Month Ending: 02/28/2026 Filed by Out The Gate, Inc.. (Attachments: # 1 Exhibit MOR Exhibit) (Casarino, Marc) (Entered: 03/20/2026)
03/19/2026142Order Approving Stipulation (I) Modifying DIP Financing and Customer Programs Stipulation and (II) Resolving Cure Objection of Geneva Sports LLC d/b/a SPIRE Institute and Academy (related document(s)30, 35, 60, 74, 75, 79, 88, 98, 141) Order Signed on 3/19/2026. (Attachments: # 1 Exhibit 1) (Mml) (Entered: 03/19/2026)
03/16/2026141Certification of Counsel REGARDING STIPULATION (I) MODIFYING DIP FINANCING AND CUSTOMER PROGRAMS STIPULATION AND (II) RESOLVING CURE OBJECTION OF GENEVA SPORTS, LLC D/B/A SPIRE INSTITUTE & ACADEMY (related document(s)60, 74, 75, 79, 88, 98). Filed by Out The Gate, Inc.. (Attachments: # 1 Proposed Form of Order Exhibit A) (related document(s)60, 74, 75, 79, 88, 98) (Casarino, Marc) (Entered: 03/16/2026)