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

    01/16/2026

  • Asset

    No

  • Vol

    v

Docket Header
LeadSC, PlnDue, DsclsDue, 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
Unknown assets


Date filed:  11/12/2025

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
12/12/202586Affidavit/Declaration of Service (related document(s)72, 73, 74, 75, 76, 77, 78, 79) Filed by Out The Gate, Inc.. (Attachments: # 1 Exhibit A) (Casarino, Marc) (Entered: 12/12/2025)
12/12/202585Transcript regarding Hearing Held 11/13/25 RE: First Day Motions. Remote electronic access to the transcript is restricted until 3/12/2026. The transcript may be viewed at the Bankruptcy Court Clerk's Office. For information about how to obtain a transcript, Contact the Court Reporter/Transcriber, Reliable, at Telephone number 302-654-8080. Notice of Intent to Request Redaction Deadline Due By 12/19/2025. Redaction Request Due By 1/2/2026. Redacted Transcript Submission Due By 1/12/2026. Transcript access will be restricted through 3/12/2026. (JMC) (Entered: 12/12/2025)
12/11/202584Order Scheduling Omnibus Hearing. (Related document(s)83) Omnibus Hearing scheduled for 1/21/2026 at 02:00 PM US Bankruptcy Court, 824 Market St., 6th Fl., Courtroom #3, Wilmington, Delaware. Signed on 12/11/2025. (CEB) (Entered: 12/11/2025)
12/10/202583Certification of Counsel Scheduling Omnibus Hearing Date Filed by Out The Gate, Inc.. (Attachments: # 1 Exhibit A) (Casarino, Marc) (Entered: 12/10/2025)
12/10/202582Minute Sheet 341 Meeting Held and Concluded on December 10,2025 Filed by U.S. Trustee. (Lipshie, Jonathan) (Entered: 12/10/2025)
12/10/202581HEARING CANCELLED. Notice of Agenda of Matters not going forward. The following hearing has been cancelled. Filed by Out The Gate, Inc.. Hearing scheduled for 12/11/2025 at 02:00 PM at US Bankruptcy Court, 824 Market St., 6th Fl., Courtroom #3, Wilmington, Delaware. (Casarino, Marc) (Entered: 12/10/2025)
12/10/202580Letter to the Court from the State of New Jersey, Division of Gaming Enforcement Re: Sale of Assets. (related document(s)42) Filed by State of New Jersey . (KAR) (Entered: 12/10/2025)
12/10/202579Order (I) Approving Bidding Procedures in Connection with the Sale of the Debtors Assets; (II) Approving Form and Manner of Notice; (III) Approving Designation of Stalking Horse Bidder and Stalking Horse Bid; (IV) Scheduling Auction and Sale Hearing; (V) Authorizing Procedures Governing Assumption and Assignment of Certain Contracts and Unexpired Leases; and (VI) Granting Related Relief (related document(s)42, 70) Order Signed on 12/10/2025. (Attachments: # 1 Appendix 1 # 2 Appendix 2 # 3 Appendix 3) (CEB) (Entered: 12/10/2025)
12/10/202578Order (Final) Authorizing the Debtor to Redact Certain Personally Identifiable Information (related document(s)10, 31, 69) Order Signed on 12/10/2025. (CEB) (Entered: 12/10/2025)
12/10/202577Order (Final) (I) Authorizing the Payment of Certain Taxes and Fees, (II) Authorizing the Banks to Honor and Process Check and Electronic Transfer Requests Related Thereto, and (III) Granting Related Relief (related document(s)9, 32, 68) Order Signed on 12/10/2025. (CEB) (Entered: 12/10/2025)