Case number: 2:25-bk-11426 - KIB1 LLC - Nevada Bankruptcy Court

Case Information
  • Case title

    KIB1 LLC

  • Court

    Nevada (nvbke)

  • Chapter

    11

  • Judge

    AUGUST B. LANDIS

  • Filed

    03/16/2025

  • Last Filing

    06/02/2025

  • Asset

    Yes

  • Vol

    v

Docket Header
PlnDue, BAPCPA, JNTADMN, LEAD



U.S. Bankruptcy Court
District of Nevada (Las Vegas)
Bankruptcy Petition #: 25-11426-abl

Assigned to: AUGUST B. LANDIS
Chapter 11
Voluntary
Asset


Date filed:  03/16/2025
341 meeting:  05/27/2025
Deadline for filing claims:  07/16/2025
Deadline for filing claims (govt.):  09/12/2025

Debtor

KIB1 LLC

8845 W. FLAMINGO ROAD, SUITE 210
LAS VEGAS, NV 89147
CLARK-NV
Tax ID / EIN: 84-2893444

represented by
PATRICK TIMOTHY DERKSEN

SPENCER FANE LLP
2415 E. CAMELBACK ROAD, SUITE 600
PHOENIX, AZ 85016

RICHARD F. HOLLEY

SPENCER FANE
300 S 4TH STREET
SUITE 1600
LAS VEGAS, NV 89101
702-408-3400
Fax : 702-408-3401
Email: rholley@spencerfane.com

ERIC M VAN HORN

SPENCER FANE LLP
2200 ROSS AVENUE, SUITE 4800W
DALLAS, TX 75201

Jnt Admin Debtor

KIB2 LLC

8845 W. Flamingo Road Suite 210
Las Vegas, NV 89147
Tax ID / EIN: 84-3332081

represented by
PATRICK TIMOTHY DERKSEN

(See above for address)

RICHARD F. HOLLEY

(See above for address)

ERIC M VAN HORN

(See above for address)

Jnt Admin Debtor

KIB3 LLC

8845 W. Flamingo Road Suite 210
Las Vegas, NV 89147
Tax ID / EIN: 88-2494518

represented by
PATRICK TIMOTHY DERKSEN

(See above for address)

RICHARD F. HOLLEY

(See above for address)

ERIC M VAN HORN

(See above for address)

Trustee

CHAPTER 11 - LV

300 LAS VEGAS BLVD., SO. #4300
LAS VEGAS, NV 89101
(702) 388-6600

 
 
U.S. Trustee

U.S. TRUSTEE - LV - 11

300 LAS VEGAS BOULEVARD S.
SUITE 4300
LAS VEGAS, NV 89101
represented by
ALYSSA A. ROGAN

DOJ-UST
300 LAS VEGAS BLVD. SOUTH
STE 4300
LAS VEGAS, NV 89101
702-388-6600
Email: alyssa.rogan@usdoj.gov

JUSTIN CHARLES VALENCIA

U.S. DEPT OF JUSTICE
OFFICE OF THE UNITED STATES TRUSTEE
300 LAS VEGAS BLVD SOUTH
SUITE 4300
LAS VEGAS, NV 89101
702-388-6600
Fax : 702-388-6658
Email: justin.c.valencia@usdoj.gov

Latest Dockets

Date Filed#Docket Text
05/22/2025160Notice of Entry of Order with Certificate of Service Filed by SAMUEL A. SCHWARTZ on behalf of WILLIAM L. LENHART, MADISON GAYLE, LLC, SDIP HOLDINGS LLC, SDIP VB LLC, a Nevada limited liability company, SDIP VB LLC, an Arizona limited liability company, SDIP VB MANAGER LLC (Related document(s)158 Order on Motion to File Under Seal, 159 Order on Motion to File Under Seal) (SCHWARTZ, SAMUEL) (Entered: 05/22/2025)
05/22/2025159Order Granting Motion To File Under Seal (Related Doc # 154) (arv) (Entered: 05/22/2025)
05/22/2025158Order Granting Motion To File Under Seal (Related Doc # 151) (arv) (Entered: 05/22/2025)
05/21/2025157Amended Notice Amended Notice of Stipulation with Certificate of Service Filed by RICHARD F. HOLLEY on behalf of KIB1 LLC, KIB2 LLC, KIB3 LLC (Related document(s)104 Motion to Dismiss Case filed by Creditor SDIP VB LLC, a Nevada limited liability company, Creditor SDIP VB LLC, an Arizona limited liability company, Creditor SDIP HOLDINGS LLC, Creditor SDIP VB MANAGER LLC, Creditor MADISON GAYLE, LLC, Creditor WILLIAM L. LENHART, 148 Opposition filed by Debtor KIB1 LLC, Jnt Admin Debtor KIB2 LLC, Jnt Admin Debtor KIB3 LLC, 153 Reply filed by Creditor SDIP VB LLC, a Nevada limited liability company, Creditor SDIP VB LLC, an Arizona limited liability company, Creditor SDIP HOLDINGS LLC, Creditor SDIP VB MANAGER LLC, Creditor MADISON GAYLE, LLC, Creditor WILLIAM L. LENHART, 156 Notice filed by Debtor KIB1 LLC, Jnt Admin Debtor KIB2 LLC, Jnt Admin Debtor KIB3 LLC) (HOLLEY, RICHARD) (Entered: 05/21/2025)
05/21/2025156Notice of Stipulation with Certificate of Service Filed by RICHARD F. HOLLEY on behalf of KIB1 LLC, KIB2 LLC, KIB3 LLC (Related document(s)104 Motion to Dismiss Case filed by Creditor SDIP VB LLC, a Nevada limited liability company, Creditor SDIP VB LLC, an Arizona limited liability company, Creditor SDIP HOLDINGS LLC, Creditor SDIP VB MANAGER LLC, Creditor MADISON GAYLE, LLC, Creditor WILLIAM L. LENHART, 148 Opposition filed by Debtor KIB1 LLC, Jnt Admin Debtor KIB2 LLC, Jnt Admin Debtor KIB3 LLC, 153 Reply filed by Creditor SDIP VB LLC, a Nevada limited liability company, Creditor SDIP VB LLC, an Arizona limited liability company, Creditor SDIP HOLDINGS LLC, Creditor SDIP VB MANAGER LLC, Creditor MADISON GAYLE, LLC, Creditor WILLIAM L. LENHART) (HOLLEY, RICHARD) (Entered: 05/21/2025)
05/20/2025155Omnibus Certificate of Service Filed by SAMUEL A. SCHWARTZ on behalf of WILLIAM L. LENHART, MADISON GAYLE, LLC, SDIP HOLDINGS LLC, SDIP VB LLC, a Nevada limited liability company, SDIP VB LLC, an Arizona limited liability company, SDIP VB MANAGER LLC (Related document(s)104 Motion to Dismiss Case filed by Creditor SDIP VB LLC, a Nevada limited liability company, Creditor SDIP VB LLC, an Arizona limited liability company, Creditor SDIP HOLDINGS LLC, Creditor SDIP VB MANAGER LLC, Creditor MADISON GAYLE, LLC, Creditor WILLIAM L. LENHART, 105 Declaration filed by Creditor SDIP VB LLC, a Nevada limited liability company, Creditor SDIP VB LLC, an Arizona limited liability company, Creditor SDIP HOLDINGS LLC, Creditor SDIP VB MANAGER LLC, Creditor MADISON GAYLE, LLC, Creditor WILLIAM L. LENHART, 106 Motion to File Under Seal filed by Creditor SDIP VB LLC, a Nevada limited liability company, Creditor SDIP VB LLC, an Arizona limited liability company, Creditor SDIP HOLDINGS LLC, Creditor SDIP VB MANAGER LLC, Creditor MADISON GAYLE, LLC, Creditor WILLIAM L. LENHART, 116 Motion for Order Shortening Time filed by Creditor SDIP VB LLC, a Nevada limited liability company, Creditor SDIP VB LLC, an Arizona limited liability company, Creditor SDIP HOLDINGS LLC, Creditor SDIP VB MANAGER LLC, Creditor MADISON GAYLE, LLC, Creditor WILLIAM L. LENHART, 117 Declaration filed by Creditor SDIP VB LLC, a Nevada limited liability company, Creditor SDIP VB LLC, an Arizona limited liability company, Creditor SDIP HOLDINGS LLC, Creditor SDIP VB MANAGER LLC, Creditor MADISON GAYLE, LLC, Creditor WILLIAM L. LENHART, 118 Attorney Information Sheet filed by Creditor SDIP VB LLC, a Nevada limited liability company, Creditor SDIP VB LLC, an Arizona limited liability company, Creditor SDIP HOLDINGS LLC, Creditor SDIP VB MANAGER LLC, Creditor MADISON GAYLE, LLC, Creditor WILLIAM L. LENHART, 147 Joinder filed by Creditor SDIP VB LLC, a Nevada limited liability company, Creditor SDIP VB LLC, an Arizona limited liability company, Creditor SDIP HOLDINGS LLC, Creditor SDIP VB MANAGER LLC, Creditor MADISON GAYLE, LLC, Creditor WILLIAM L. LENHART, 149 Opposition filed by Creditor SDIP VB LLC, a Nevada limited liability company, Creditor SDIP VB LLC, an Arizona limited liability company, Creditor SDIP HOLDINGS LLC, Creditor SDIP VB MANAGER LLC, Creditor MADISON GAYLE, LLC, Creditor WILLIAM L. LENHART, 150 Declaration filed by Creditor SDIP VB LLC, a Nevada limited liability company, Creditor SDIP VB LLC, an Arizona limited liability company, Creditor SDIP HOLDINGS LLC, Creditor SDIP VB MANAGER LLC, Creditor MADISON GAYLE, LLC, Creditor WILLIAM L. LENHART, 151 Motion to File Under Seal filed by Creditor SDIP VB LLC, a Nevada limited liability company, Creditor SDIP VB LLC, an Arizona limited liability company, Creditor SDIP HOLDINGS LLC, Creditor SDIP VB MANAGER LLC, Creditor MADISON GAYLE, LLC, Creditor WILLIAM L. LENHART, 153 Reply filed by Creditor SDIP VB LLC, a Nevada limited liability company, Creditor SDIP VB LLC, an Arizona limited liability company, Creditor SDIP HOLDINGS LLC, Creditor SDIP VB MANAGER LLC, Creditor MADISON GAYLE, LLC, Creditor WILLIAM L. LENHART, 154 Motion to File Under Seal filed by Creditor SDIP VB LLC, a Nevada limited liability company, Creditor SDIP VB LLC, an Arizona limited liability company, Creditor SDIP HOLDINGS LLC, Creditor SDIP VB MANAGER LLC, Creditor MADISON GAYLE, LLC, Creditor WILLIAM L. LENHART) (SCHWARTZ, SAMUEL) (Entered: 05/20/2025)
05/20/2025154Motion to File Under Seal The Lenhart Entities' Ex Parte Application to File Under Seal Portions of Their Reply in Support of Motion to Dismiss Debtors' Chapter 11 Cases Under 11 U.S.C. § 1112(b) [ECF No. 153] with Proposed Order Filed by SAMUEL A. SCHWARTZ on behalf of WILLIAM L. LENHART, MADISON GAYLE, LLC, SDIP HOLDINGS LLC, SDIP VB LLC, a Nevada limited liability company, SDIP VB LLC, an Arizona limited liability company, SDIP VB MANAGER LLC (SCHWARTZ, SAMUEL) (Entered: 05/20/2025)
05/20/2025153Reply The Lenhart Entities' Reply in Support of Motion to Dismiss Debtors' Chapter 11 Cases Under 11 U.S.C. § 1112(b) Filed by SAMUEL A. SCHWARTZ on behalf of WILLIAM L. LENHART, MADISON GAYLE, LLC, SDIP HOLDINGS LLC, SDIP VB LLC, a Nevada limited liability company, SDIP VB LLC, an Arizona limited liability company, SDIP VB MANAGER LLC (Related document(s)104 Motion to Dismiss Case filed by Creditor SDIP VB LLC, a Nevada limited liability company, Creditor SDIP VB LLC, an Arizona limited liability company, Creditor SDIP HOLDINGS LLC, Creditor SDIP VB MANAGER LLC, Creditor MADISON GAYLE, LLC, Creditor WILLIAM L. LENHART.) (SCHWARTZ, SAMUEL) (Entered: 05/20/2025)
05/20/2025152Omnibus Reply Debtors' Omnibus Reply In Support Of Motion For Order: (I) Authorizing Debtors To Obtain Post-Petition Financing, (II) Granting Liens And Administrative Expense Claims, (III) Authorizing Debtors' Use Of Cash Collateral, (IV) Modifying The Automatic Stay, And (V) Granting Related Relief with Certificate of Service Filed by RICHARD F. HOLLEY on behalf of KIB1 LLC, KIB2 LLC, KIB3 LLC (Related document(s)119 Motion for Authority to Obtain Credit Under Section 364 filed by Debtor KIB1 LLC, Jnt Admin Debtor KIB2 LLC, Jnt Admin Debtor KIB3 LLC, 137 Objection filed by Creditor RSF Partners North, LLC and JBS Investments, LLC, 141 Objection filed by U.S. Trustee U.S. TRUSTEE - LV - 11, 149 Opposition filed by Creditor SDIP VB LLC, a Nevada limited liability company, Creditor SDIP VB LLC, an Arizona limited liability company, Creditor SDIP HOLDINGS LLC, Creditor SDIP VB MANAGER LLC, Creditor MADISON GAYLE, LLC, Creditor WILLIAM L. LENHART.) (HOLLEY, RICHARD) (Entered: 05/20/2025)
05/19/2025151Motion to File Under Seal The Lenhart Entities' Ex Parte Application to File Under Seal Portions of Their Opposition to Debtors' Motion for Order: (I) Authorizing Debtors to Obtain Post-Petition Financing; (II) Granting First Priority Liens; (III) Modifying the Automatic Stay; (IV) to Enforce Settlement Agreement; and (V) Granting Related Relief [ECF No. 149] with Proposed Order Filed by SAMUEL A. SCHWARTZ on behalf of WILLIAM L. LENHART, MADISON GAYLE, LLC, SDIP HOLDINGS LLC, SDIP VB LLC, a Nevada limited liability company, SDIP VB LLC, an Arizona limited liability company, SDIP VB MANAGER LLC (SCHWARTZ, SAMUEL) (Entered: 05/19/2025)