Flagship Resort Development Corporation
11
Jerrold N. Poslusny Jr.
05/10/2025
03/23/2026
Yes
v
| DefPet, Complex, CLMAGT, ADVERSARY, CONFIRMED |
Assigned to: Judge Jerrold N. Poslusny Jr. Chapter 11 Voluntary Asset |
|
Debtor Flagship Resort Development Corporation
60 N Maine Avenue Atlantic City, NJ 08401 ATLANTIC-NJ Tax ID / EIN: 65-0431067 dba CLUB BOARDWALK RESORTS |
represented by |
Warren J. Martin, Jr.
Porzio Bromberg & Newman 5 Sylvan Way Suite 110 Parsippany, NJ 07054 973-538-4006 Email: wjmartin@pbnlaw.com Christopher P. Mazza
Porzio Bromberg & Newman 5 Sylvan Way Suite 110 Morristown, NJ 07054 973-538-4006 Email: cpmazza@pbnlaw.com Michael Medved
Porzio, Bromberg & Newman 1675 Broadway Ste. 1810 New York, NY 10019 646-348-6728 Email: mike.medved04@gmail.com Kimberly N. Pageau
Porzio, Bromberg & Newman, P.C 1675 Broadway, Suite 1810 New York, NY 10019 Rachel A. Parisi
Porzio Bromberg & Newman 5 Sylvan Way Suite 110 Parsippany, NJ 07054 973-538-4006 Email: raparisi@pbnlaw.com Porzio, Bromberg & Newman, P.C.
100 Southgate Parkway PO Box 1997 Morristown, NJ 07962 Zhenyi Zhou
Porzio Bromberg & Newman 100 Southgate Pkwy Morristown, NJ 07960 267-399-8457 Email: jzhou@pbnlaw.com |
U.S. Trustee U.S. Trustee
US Dept of Justice Office of the US Trustee One Newark Center Ste 2100 Newark, NJ 07102 (973) 645-3014 |
represented by |
Lauren Bielskie
DOJ-Ust One Newark Center Suite 2100 Newark, NJ 07102 973-645-2939 Email: lauren.bielskie@usdoj.gov Samantha Lieb
DOJ-Ust One Newark Center Suite 2100 Newark, NJ 07102 202-604-2499 Email: samantha.lieb2@usdoj.gov Jeffrey M. Sponder
Office of U.S. Trustee One Newark Center Newark, NJ 07102 973-645-2379 Email: jeffrey.m.sponder@usdoj.gov |
Creditor Committee Official Committee of Unsecured Creditors |
represented by |
Julie A. Aberasturi
COLE SCHOTZ P.C. 1325 Avenue of the Americas 19th Floor New York, NY 10019 2127528000 Fax : 2127528393 Email: jaberasturi@coleschotz.com Cole Schotz P.C.
25 Main Street Court Paza North Hackensack, NJ 07601 201-489-3000 Fax : 201-489-1536 Ryan T. Jareck
Cole Schotz P.C. 25 Main Street Court Plaza North Hackensack, NJ 07601 (201) 525-6278 Email: rjareck@coleschotz.com Michael A. Solimani
COLE SCHOTZ P.C. 1325 Avenue of the Americas 19th Floor New York, NY 10019 2127528000 Fax : 2127528393 Email: msolimani@coleschotz.com Warren A. Usatine
Cole Schotz P.C. 25 Main Street PO Box 800 Hackensack, NJ 07602-0800 (201) 489-3000 Email: wusatine@coleschotz.com |
| Date Filed | # | Docket Text |
|---|---|---|
| 03/11/2026 | 428 | Certification Concerning Proposed Order (related document:412 Objection to / Plan Administrator's First Omnibus Objection to Claims Filed by Interest Holders in the Trust Created Pursuant to the Debtors Employee Stock Ownership Plan. filed by Ryan T. Jareck on behalf of Plan Administrator. (Jareck, Ryan)Modified on 2/18/2026 PER JUDGE POSLUSNY, DOCUMENT WILL BE SCHEDULED AS A MOTION (kvr). filed by Other Prof. Plan Administrator, 418 Response of Robert B. Drass To Plan Administrator's First Omnibus Objection (related document:412 Objection to / Plan Administrator's First Omnibus Objection to Claims Filed by Interest Holders in the Trust Created Pursuant to the Debtors Employee Stock Ownership Plan. filed by Ryan T. Jareck on behalf of Plan Administrator. (Jareck, Ryan)Modified on 2/18/2026 PER JUDGE POSLUSNY, DOCUMENT WILL BE SCHEDULED AS A MOTION (kvr). filed by Other Prof. Plan Administrator) filed by Robert B Drass. (kvr) filed by Creditor Robert B Drass). Filed by Ryan T. Jareck on behalf of Plan Administrator. (Jareck, Ryan) (Entered: 03/11/2026) |
| 03/10/2026 | 427 | ORDER GRANTING FIRST MONTHLY AND FINAL APPLICATION OF KROLL RESTRUCTURING ADMINISTRATION TO FLAGSHIP RESORT DEVELOPMENT CORPORATION, FOR AN ALLOWANCE OF COMPENSATION FOR PROFESSIONAL SERVICES RENDERED AND REIMBURSEMENT OF EXPENSESINCURRED FOR THE PERIOD OF JUNE 1, 2025 THROUGH DECEMBER 22, 2025 fees awarded: $53547.86, expenses awarded: $0.00 (Related Doc # 406). Service of notice of the entry of this order pursuant to Rule 9022 was made on the appropriate parties. See BNC Certificate of Notice. Signed on 3/10/2026. (kvr) (Entered: 03/11/2026) |
| 03/10/2026 | 426 | ORDER GRANTING FIRST MONTHLY AND FINAL APPLICATION OF EMERALD CAPITAL ADVISOR CORP. AS FINANCIAL ADVISOR TO FLAGSHIP RESORT DEVELOPMENT CORPORATION, FOR AN ALLOWANCE OF COMPENSATION FOR PROFESSIONAL SERVICES RENDERED AND REIMBURSEMENT OF EXPENSES INCURRED FOR THE PERIOD OF MAY 10, 2025 THROUGH DECEMBER 22, 2025 fees awarded: $300,000.00, expenses awarded: $4601.40 (Related Doc # 405). Service of notice of the entry of this order pursuant to Rule 9022 was made on the appropriate parties. See BNC Certificate of Notice. Signed on 3/10/2026. (kvr) (Entered: 03/10/2026) |
| 03/10/2026 | 425 | ORDER APPROVING FINAL FEE APPLICATIONS OF CERTAIN RETAINED PROFESSIONALS ; Order Granting Application For Compensation for Cole Schotz P.C., fees awarded: $432317.50, expenses awarded: $1455.22 (Related Doc # 400). Service of notice of the entry of this order pursuant to Rule 9022 was made on the appropriate parties. See BNC Certificate of Notice., Granting Application For Compensation for Island Dundon LLC, fees awarded: $105110.00, expenses awarded: $0.00 (Related Doc # 401). Service of notice of the entry of this order pursuant to Rule 9022 was made on the appropriate parties. See BNC Certificate of Notice. Signed on 3/10/2026. (kvr) (Entered: 03/10/2026) |
| 03/09/2026 | 424 | Affidavit of Service filed by Kroll Restructuring Administration LLC (related document(s)420). (Pagan, Chanel) (Entered: 03/09/2026) |
| 03/07/2026 | 423 | BNC Certificate of Notice - Hearing. No. of Notices: 14. Notice Date 03/07/2026. (Admin.) (Entered: 03/08/2026) |
| 03/06/2026 | 422 | BNC Certificate of Notice - Order No. of Notices: 3. Notice Date 03/06/2026. (Admin.) (Entered: 03/07/2026) |
| 03/05/2026 | Minute of 3/6/2026 Hearing Held, OUTCOME: Allowed as requested; Order will be signed (related document:406 Final Application for Compensation for Kroll Restructuring Administration LLC, Other Professional, period: 6/1/2025 to 12/22/2025, fee: $53547.86, expenses: $0.00. Filed by Kroll Restructuring Administration LLC. Hearing scheduled for 3/5/2026 at 02:00 PM, JNP - Courtroom 4C, Camden.. (Attachments: # 1 Exhibit A - Retention Order # 2 Exhibit B - Kroll Time Detail # 3 Verification # 4 Proposed Order) Filed by Other Prof. Kroll Restructuring Administration LLC) (cm) (Entered: 03/06/2026) | |
| 03/05/2026 | Minute of 3/6/2026 Hearing Held, OUTCOME: Allowed as requested; Order will be signed (related document:405 Final Application for Compensation for Emerald Capital Advisors Corp, Accountant, period: 5/10/2025 to 12/22/2025, fee: $300,000.00, expenses: $4,601.40. Filed by Emerald Capital Advisors Corp. Hearing scheduled for 3/5/2026 at 02:00 PM, JNP - Courtroom 4C, Camden.. (Attachments: # 1 Exhibit A - Time Detail # 2 Exhibit B - Expense Detail # 3 Exhibit C - Declaration of John P. Madden # 4 Proposed Order) Filed by Other Prof. Emerald Capital Advisors Corp) (cm) (Entered: 03/06/2026) | |
| 03/05/2026 | Minute of 3/6/2026 Hearing Held, OUTCOME: Allowed as requested; Order will be signed (related document:401 Final Application for Compensation for Island Dundon LLC, Other Professional, period: 6/3/2025 to 12/22/2025, fee: $105,110.00, expenses: $0.00. Filed by Island Dundon LLC.. Modified on 2/2/2026 HEARING SCHEDULED FOR 3/5/2026 AT 2:00 PM, JNP - COURTROOM 4C, CAMDEN. NO FORM OF ORDER FILED. NO CERTIFICATE OF SERVICE. DOCUMENTS ARE NOT SEPARATE PDFS (cm). Filed by Other Prof. Island Dundon LLC) (cm) (Entered: 03/06/2026) |