Case number: 3:22-bk-19361 - BlockFi Inc. - New Jersey Bankruptcy Court

Case Information
  • Case title

    BlockFi Inc.

  • Court

    New Jersey (njbke)

  • Chapter

    11

  • Judge

    Michael B. Kaplan

  • Filed

    11/28/2022

  • Last Filing

    04/11/2024

  • Asset

    Yes

  • Vol

    v

Docket Header
LEAD, JNTADMN, CLMAGT, EXTOBDIS, APPEAL, CONFIRMED



U.S. Bankruptcy Court
District of New Jersey (Trenton)
Bankruptcy Petition #: 22-19361-MBK

Assigned to: Chief Judge Michael B. Kaplan
Chapter 11
Voluntary
Asset


Date filed:  11/28/2022
Plan confirmed:  10/03/2023
341 meeting:  01/20/2023

Debtor

BlockFi Inc.

c/o M3 Partners
1700 Broadway, 19th Floor
New York, NY 10019
HUDSON-NJ
Tax ID / EIN: 82-2390015

represented by
Richard Kanowitz

Haynes and Boone, LLP
30 Rockefeller Plaza
26th Floor
New York, NY 10112
212-918-8971
Email: richard.kanowitz@haynesboone.com

Michael D. Sirota

Cole Schotz P.C.
25 Main St.
Hackensack, NJ 07601
(201) 489-3000
Email: msirota@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

Felice R. Yudkin

Cole Schotz P.C.
25 Main Street
Hackensack, NJ 07602
(201) 489-3000
Email: fyudkin@coleschotz.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

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
David J. Adler

McCarter & English, LLP
Four Gateway Center
100 Mulberry St
Newark, NJ 07102
(973) 622-4444
Fax : (973) 624-7070
Email: DAdler@McCarter.com

Kenneth Aulet

Brown Rudnick LLP
7 Times Square
New York, NY 10036
212-209-4950
Email: kaulet@brownrudnick.com

Lisa Bonsall

McCarter & English, LLP
Four Gateway Center
100 Mulberry Street
Newark, NJ 07102
(973) 639-2066
Email: lbonsall@mccarter.com

Donald W Clarke

Genova Burns LLC
110 Allen Road
Ste 304
Basking Ridge, NJ 07920
973-467-2700
Email: dclarke@genovaburns.com

Gregory S. Kinoian

Genova Burns LLC
494 Broad Street
Newark, NJ 07102
973-646-3284
Fax : 973-533-1112
Email: gkinoian@genovaburns.com

Stephen D Palley

Brown Rudnick LLP
601 Thirteenth Street NW
Washington, DC 20005

Joseph R. Scholz

McCarter English, LLP
825 Eighth Avenue
31st Floor
New York, NY 10019
(973) 639-6999
Email: jscholz@mccarter.com

Bennett S Silverberg

Brown Rudnick LLP
7 Times Square
New York, NY 10036

Robert J Stark

Brown Rudnick LLP
7 Times Square
New York, NY 10036

Daniel Stolz

Genova Burns LLC
110 Allen Road
Suite 304
Ste 304
Basking Ridge, NJ 07920
973-467-2700
Email: dstolz@genovaburns.com

Creditor Committee

McCarter & English, LLP

Four Gateway Center
100 Mulberry Street
Newark, NJ 07102
973-622-4444
represented by
David J. Adler

(See above for address)

Latest Dockets

Date Filed#Docket Text
04/10/20242233Change of Address for Barbra R. Parlin of Holland & Knight LLP From: 31 West 52nd Street, New York, NY 10019 To: 787 Seventh Avenue, New York, NY 10019 filed by Barbra Rachel Parlin on behalf of Silvergate Bank. (Parlin, Barbra) (Entered: 04/10/2024)
04/10/20242232ORDER GRANTING WIND-DOWN DEBTORS SEVENTEENTH OMNIBUS OBJECTION TO CLAIMS (related document:2169 Objection to Claims (Seventeenth Omnibus) (related document:54 ORDER GRANTING DEBTORS MOTION TO ESTABLISH CERTAIN NOTICE, CASE MANAGEMENT ANDADMINISTRATIVE PROCEDURES (Related Doc 3). 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 11/30/2022. (bwj), 609 ORDER GRANTING DEBTORS MOTION FOR ENTRY OF AN ORDER (A) APPROVING THE (I) OMNIBUS CLAIMS OBJECTION PROCEDURES AND FORM OF NOTICE, (II) OMNIBUS SUBSTANTIVE CLAIMS OBJECTIONS, AND (III) SATISFACTION PROCEDURES AND FORM OF NOTICE, (B) WAIVING BANKRUPTCY RULE 3007(e), AND (C) GRANTING RELATED RELIEF. (Related Doc 535). 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 3/13/2023. (wiq)) filed by Daniel Stolz on behalf of Plan Administrator, On Behalf of the Post-Confirmation Debtor. filed by Other Prof. Plan Administrator, On Behalf of the Post-Confirmation Debtor). 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 4/10/2024. (wiq) (Entered: 04/10/2024)
04/09/2024Hearing Rescheduled from 4/9/24 Objections sustained as set forth in order and accompanying schedules AND adjourned to 4/25/24 at 11:30 a.m. as to Claim No. 15063, 15069, 18939, 18969, 18974, 18993, 26899, 24213, and 26945 (related document: 2169 Objection to Claims (Seventeenth Omnibus) (related document:54 ORDER GRANTING DEBTORS MOTION TO ESTABLISH CERTAIN NOTICE, CASE MANAGEMENT ANDADMINISTRATIVE PROCEDURES (Related Doc 3). 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 11/30/2022. (bwj), 609 ORDER GRANTING DEBTORS MOTION FOR ENTRY OF AN ORDER (A) APPROVING THE (I) OMNIBUS CLAIMS OBJECTION PROCEDURES AND FORM OF NOTICE, (II) OMNIBUS SUBSTANTIVE CLAIMS OBJECTIONS, AND (III) SATISFACTION PROCEDURES AND FORM OF NOTICE, (B) WAIVING BANKRUPTCY RULE 3007(e), AND (C) GRANTING RELATED RELIEF. (Related Doc 535). 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 3/13/2023. (wiq)) filed by Daniel Stolz on behalf of Plan Administrator, On Behalf of the Post-Confirmation Debtor. Filed by Other Prof. Plan Administrator, On Behalf of the Post-Confirmation Debtor)Hearing scheduled for 04/25/2024 at 11:30 AM at MBK - Courtroom 8, Trenton. (km) (Entered: 04/11/2024)
04/09/2024Hearing Rescheduled from 4/9/24 (related document: 2142 Motion to Reconsider (related document:2120 Opinion Sustaining BlockFis Claim Objection re: Van Tubergen Claim. (related document:1311 Objection filed by Debtor BlockFi Inc., 1496 Response filed by Creditor John William Van Tubergen Jr.). 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 2/8/2024. (km), 2122 ORDER GRANTING WIND-DOWN DEBTORS SEVENTH OMNIBUS OBJECTION TO CLAIM NO. 7233 FILED BY JOHN W. VAN TUBERGEN JR. (related document:1311 Objection to Certain Claims (Seventh Omnibus) (books and records, amendments, duplicates, incorrect/improper classification, insufficient documentation, not liable, late filed) (related document:54 ORDER GRANTING DEBTORS MOTION TO ESTABLISH CERTAIN NOTICE, CASE MANAGEMENT AND ADMINISTRATIVE PROCEDURES (Related Doc 3). 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 11/30/2022. (bwj), 609 ORDER GRANTING DEBTORS MOTION FOR ENTRY OF AN ORDER (A) APPROVING THE (I) OMNIBUS CLAIMS OBJECTION PROCEDURES AND FORM OF NOTICE, (II) OMNIBUS SUBSTANTIVE CLAIMS OBJECTIONS, AND (III) SATISFACTION PROCEDURES AND FORM OF NOTICE, (B) WAIVING BANKRUPTCY RULE 3007(e), AND (C) GRANTING RELATED RELIEF. (Related Doc 535). 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 3/13/2023. (wiq)) filed by Michael D. Sirota on behalf of BlockFi Inc.. filed by Debtor BlockFi Inc., 1496 Response to (related document:1311 Objection to Certain Claims (Seventh Omnibus) (books and records, amendments, duplicates, incorrect/improper classification, insufficient documentation, not liable, late filed) (related document:54 ORDER GRANTING DEBTORS MOTION TO ESTABLISH CERTAIN NOTICE, CASE MANAGEMENT AND ADMINISTRATIVE PROCEDURES (Related Doc 3). 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 11/30/2022. (bwj), 609 ORDER GRANTING DEBTORS MOTION FOR ENTRY OF AN ORDER (A) APPROVING THE (I) OMNIBUS CLAIMS OBJECTION PROCEDURES AND FORM OF NOTICE, (II) OMNIBUS SUBSTANTIVE CLAIMS OBJECTIONS, AND (III) SATISFACTION PROCEDURES AND FORM OF NOTICE, (B) WAIVING BANKRUPTCY RULE 3007(e), AND (C) GRANTING RELATED RELIEF. (Related Doc 535). 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 3/13/2023. (wiq)) filed by Michael D. Sirota on behalf of BlockFi Inc.. filed by Debtor BlockFi Inc., 1425 Determination of Adjournment Request Granted. Hearing will be adjourned to SEPTEMBER 20, 2023 at 10:00 am. The hearing date is Not Peremptory. (related document:1311 Objection filed by Debtor BlockFi Inc.) This adjournment request specifically pertains to Claim Nos. 3419 and 5503; Claim Nos. 25239, 28511, 28340, 28462, 28707, 15754, and 18919; and Claim No. 7233.(wiq) TEXT/Modified on 8/29/2023 (wiq).) filed by Joao Ferreira Magalhaes on behalf of John William Van Tubergen Jr.. (Attachments: # 1 Certification of John W. Van Tubergen Jr. # 2 Exhibit A # 3 Exhibit B # 4 Exhibit C # 5 Exhibit D # 6 Exhibit E # 7 Exhibit F # 8 Exhibit G # 9 Exhibit H # 10 Exhibit I # 11 Exhibit J # 12 Exhibit K # 13 Exhibit L # 14 Exhibit M # 15 Exhibit N # 16 Exhibit O # 17 Exhibit P # 18 Exhibit Q # 19 Exhibit R # 20 Exhibit S # 21 Exhibit T # 22 Exhibit U # 23 Exhibit V # 24 Exhibit W # 25 Exhibit X) filed by Creditor John William Van Tubergen Jr., 2120 Opinion Sustaining BlockFis Claim Objection re: Van Tubergen Claim. (related document:1311 Objection filed by Debtor BlockFi Inc., 1496 Response filed by Creditor John William Van Tubergen Jr.). 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 2/8/2024. (km)). 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 2/8/2024. (km)) Filed by Joao Ferreira Magalhaes on behalf of John William Van Tubergen Jr.. Hearing scheduled for 4/11/2024 at 10:00 AM at MBK - Courtroom 8, Trenton. (Attachments: # 1 Memorandum of Law # 2 Certification # 3 Exhibit OO (Transcript of 1.16.24 hearing) # 4 Proposed Order # 5 Certificate of Service) Filed by Creditor John William Van Tubergen Jr.)Hearing scheduled for 04/25/2024 at 11:30 AM at MBK - Courtroom 8, Trenton. (km) (Entered: 04/09/2024)
04/09/2024Hearing Rescheduled from 4/9/24 (related document: 2181 Motion re: of the Wind-Down Debtor BlockFi Inc. for an Order Remanding State Court Action Filed by Daniel Stolz on behalf of Plan Administrator, On Behalf of the Post-Confirmation Debtor. Hearing scheduled for 4/11/2024 at 10:00 AM at MBK - Courtroom 8, Trenton. (Attachments: # 1 Application for an Order Remanding State Court Action # 2 Proposed Order Remanding State Court Action) Filed by Other Prof. Plan Administrator, On Behalf of the Post-Confirmation Debtor)Hearing scheduled for 04/25/2024 at 11:30 AM at MBK - Courtroom 8, Trenton. (km) (Entered: 04/09/2024)
04/09/20242231Determination of Adjournment Request Granted as to Claims No. 24213 and 26945. Hearing will be adjourned to APRIL 25, 2024 at 11:30 am. The hearing date is Not Peremptory. (related document:2169 Objection filed by Other Prof. Plan Administrator, On Behalf of the Post-Confirmation Debtor) (wiq) (Entered: 04/09/2024)
04/08/20242230Notice of Agenda filed by Sydney Schubert on behalf of Genova Burns LLC. (Schubert, Sydney) (Entered: 04/08/2024)
04/08/20242229Certificate of Service (related document:2219 Motion for Relief From Stay filed by Creditor Zachary Lee Prince, Creditor Flori Marquez) filed by Warren J. Martin Jr. on behalf of Flori Marquez, Zachary Lee Prince. (Martin, Warren) (Entered: 04/08/2024)
04/08/2024Text Order: The Court issues this Text Order to confirm that no appearances are required for the upcoming April 9, 2024 Omnibus Hearing date. Most matters previously scheduled for this date have been adjourned or resolved. The remaining matter, the Wind-Down Debtors Seventeenth Omnibus Objection to Claims (ECF No. 2169) will be decided on the papers. Please refer to the docket and/or the page on Courts website devoted to the BlockFi case, http://www.njb.uscourts.gov/BlockFi, for further scheduling updates. Signed on 4/8/2024. (wiq) (Entered: 04/08/2024)
04/05/20242228Document re: Joinder of ACE American Insurance Company (related document:2221 Motion to Enforce filed by Other Prof. XL Specialty Insurance Company, Other Prof. Arch Insurance Company, Other Prof. U.S. Specialty Insurance Company, Other Prof. Berkley Insurance Company, Other Prof. Berkshire Hathaway Specialty Insurance Company) filed by Wendy M Simkulak on behalf of ACE American Insurance Company. (Simkulak, Wendy) (Entered: 04/05/2024)