Case number: 1:23-bk-07153 - SPD II Makaiwa Resort Development, LLC - Illinois Northern Bankruptcy Court

Case Information
  • Case title

    SPD II Makaiwa Resort Development, LLC

  • Court

    Illinois Northern (ilnbke)

  • Chapter

    7

  • Judge

    David D. Cleary

  • Filed

    05/31/2023

  • Last Filing

    05/04/2026

  • Asset

    Yes

  • Vol

    v

Docket Header
U.S. Bankruptcy Court
Northern District of Illinois (Eastern Division)
Bankruptcy Petition #: 23-07153

Assigned to: Honorable Judge David D. Cleary
Chapter 7
Previous chapter 11
Original chapter 11
Voluntary
Asset


Date filed:  05/31/2023
Date converted:  10/22/2025
341 meeting:  12/08/2025
Deadline for filing claims:  06/25/2026
Deadline for filing claims (govt.):  06/25/2026

Debtor 1

SPD II Makaiwa Resort Development, LLC

5 Penn Plaza, 23rd Floor
New York, NY 10001
COOK-IL
Tax ID / EIN: 47-1421294

represented by
David R Herzog

Law Offices of David R Herzog
53 W Jackson Blvd
Ste 1442
Chicago, IL 60604
312-977-1600
Fax : 312-977-9936
Email: drh@dherzoglaw.com

Laxmi P Sarathy

Whitestone, P.C.
7925 W 103rd Street,
Suite 1a
Palos Hills, IL 60540
312-674-7965
Fax : 312-873-4774
Email: lsarathylaw@gmail.com

Acting U.S. Trustee

Adam Brief

Office of the U. S. Trustee, Region 11
219 South Dearborn
Room 873
Chicago, IL 60604
312-886-5785

represented by
Spencer C Ezell

DOJ-Ust
219 S. Dearborn Street
Room 873
Chicago, IL 60604
202-702-6338
Email: spencer.ezell@usdoj.gov

Trustee

Steven R Radtke

Steve Radtke, Ch 7 Trustee
Chill, Chill & Radtke PC
2400 N. Lakeview Ave
Ste Unit 2502
Chicago, IL 60614
312-346-1935

represented by
David R Doyle

Cozen O'Connor
123 North Wacker Drive
Suite 1800
Chicago, IL 60606
(312) 474-1648
Email: daviddoyle@cozen.com

Allen J Guon

Cozen O'Connor
123 North Wacker Drive
Suite 1800
Chicago, Il 60606
312-382-3100
Fax : 3124621770
Email: aguon@cozen.com

U.S. Trustee

Patrick S Layng

Office of the U.S. Trustee, Region 11
219 S Dearborn St
Room 873
Chicago, IL 60604
312-886-5785
TERMINATED: 09/28/2024
represented by
Spencer C Ezell

(See above for address)

Suhey Ramirez

DOJ-Ust
219 South Dearborn
Ste 873
Chicago, IL 60604
312-353-5014
Email: suhey.ramirez@usdoj.gov

Latest Dockets

Date Filed#Docket Text
03/27/2026455BNC Certificate of Notice - Notice Fixing Time for Filing Claims (RE: 454 Notice Fixing Time For Filing). No. of Notices: 52. Notice Date 03/27/2026. (Admin.) (Entered: 03/27/2026)
03/25/2026454Notice Fixing Time For Filing . Proofs of Claims due by 6/25/2026. Government Proof of Claim due by 6/25/2026. (Green, Ron) (Entered: 03/25/2026)
03/24/2026453Initial Report of Assets - Trustee has found assets in this estate to be administered for the benefit of creditors, or believes there is a likelihood that such assets will be recovered within a reasonable period of time. The Trustee requests that notice be sent to creditors fixing time for filing claims. (Radtke, Steven) (Entered: 03/24/2026)
03/18/2026452Order Granting Motion to Approve (Related Doc # 414). Signed on 3/18/2026. (Hamilton, Annette) (Entered: 03/18/2026)
03/18/2026451Notice of Filing of Revised Sale Order Filed by David R Doyle on behalf of Steven R Radtke (RE: 414 Motion to Approve). (Attachments: # 1 Exhibit A (Clean revised Sale Order) # 2 Exhibit B (Comparison of revised Sale Order)) (Doyle, David) (Entered: 03/18/2026)
03/18/2026450Notice of Filing of Signed Purchase and Sale Agreement with Corban Kauai Chicago Lender LLC Filed by David R Doyle on behalf of Steven R Radtke (RE: 414 Motion to Approve). (Doyle, David) (Entered: 03/18/2026)
03/17/2026449Declaration in Support of Sale by Mark Bratton Filed by David R Doyle on behalf of Steven R Radtke (RE: 414 Motion to Approve). (Doyle, David) (Entered: 03/17/2026)
03/17/2026448Declaration in Support of Sale by Steven R. Radtke Filed by David R Doyle on behalf of Steven R Radtke (RE: 414 Motion to Approve). (Doyle, David) (Entered: 03/17/2026)
03/17/2026447Proposed Order - (A) Approving the Sale of Certain of the Estate's Assets Free and Clear of All Liens, Claims and Encumbrances (B) Authorizing the Trustee to Enter into and Perform His Obligations under the Purchase Agreement and Alternate PSA, and (C) Granting Certain Related Relief Filed by David R Doyle on behalf of Steven R Radtke (RE: 414 Motion to Approve). (Doyle, David) (Entered: 03/17/2026)
03/16/2026446Reply to (related document(s): 414 Motion to Approve, 436 Objection, 437 Objection, 438 Response, 444 Objection) Filed by David R Doyle on behalf of Steven R Radtke (Attachments: # 1 Exhibit A -- Secured Lender Mortgage # 2 Exhibit B -- Walsh lien) (Doyle, David) (Entered: 03/16/2026)