Case number: 3:24-bk-16256 - Municipal Finance & Services Corp - New Jersey Bankruptcy Court

Case Information
  • Case title

    Municipal Finance & Services Corp

  • Court

    New Jersey (njbke)

  • Chapter

    7

  • Judge

    Michael B. Kaplan

  • Filed

    06/21/2024

  • Last Filing

    08/01/2025

  • Asset

    Yes

  • Vol

    v

Docket Header
U.S. Bankruptcy Court
District of New Jersey (Trenton)
Bankruptcy Petition #: 24-16256-MBK

Assigned to: Judge Michael B. Kaplan
Chapter 7
Voluntary
Asset


Date filed:  06/21/2024
341 meeting:  07/26/2024
Deadline for filing claims:  09/20/2024

Debtor

Municipal Finance & Services Corp

33 Wood Avenue South, Suite 730
Iselin, NJ 08830
MIDDLESEX-NJ
Tax ID / EIN: 83-1335757

represented by
Daniel Brogan

Benesch, Friedlander, Coplan & Aronoff LLP
1313 N. Market Street
Suite 1201
Wilmington, DE 19801
302-442-7010
Email: dbrogan@beneschlaw.com

Trustee

John Michael McDonnell

John Michael McDonnell, Ch. 7 Trustee
500 Hooper Avenue
Ste Second Floor
Toms River, NJ 08753
732-383-7233

represented by
Jaclynn McDonnell

Genova Burns LLC
494 Broad Street
Newark, NJ 07102
973-533-0777
Email: jmcdonnell@genovaburns.com

John Michael McDonnell

John Michael McDonnell, Ch. 7 Trustee
500 Hooper Avenue
Ste Second Floor
Toms River, NJ 08753
732-383-7233
Fax : 732-383-7531
Email: jmcdonnell@mchfirm.com

Scott S. Rever

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

Latest Dockets

Date Filed#Docket Text
08/01/2025148Amended Order (related document:[147] Order on Motion For Relief From Stay). 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 8/1/2025. (dmi)
08/01/2025147ORDER MODIFYING OR LIFTING AUTOMATIC STAY TO ALLOW FOR ADVANCEMENT AND PAYMENT OF DEFENSE COSTS AND OTHER LOSSES UNDER DIRECTORS AND OFFICERS INSURANCE POLICY (Related Doc # [124]). 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 8/1/2025. (dmi)
07/31/2025146Transcript regarding Hearing Held 07/31/25 (related document:[128] Motion to Approve Compromise or Settlement under Rule 9019 filed by Trustee John Michael McDonnell). The transcript may be viewed at the Bankruptcy Court Clerk's Office. For information about how to contact the transcriber, call the Clerk's Office. Notice of Intent to Request Redaction Deadline Due By 8/7/2025. List of Items to be Redacted Due By 08/21/2025. Redacted Transcript Submission Due By 09/2/2025. Remote electronic access to the transcript will be restricted through 10/29/2025. (J&J Court Transcribers)
07/31/2025Hearing Rescheduled from 7/31/2025; (related document:128 Motion to Approve Compromise or Settlement under Rule 9019 Filed by Scott S. Rever on behalf of John Michael McDonnell. Hearing scheduled for 7/17/2025 at 10:00 AM, MBK - Courtroom 8, Trenton.. (Attachments: # 1 Certification in support of entry of an order approving settlement agreement with Discover Growth Fund II, LLC pursuant to Fed. R. Bankr. P. 9019 # 2 Exhibit A # 3 Memorandum of Law # 4 Proposed Order) Filed by Trustee John Michael McDonnell) Hearing scheduled for 08/14/2025 at 10:00 AM, MBK - Courtroom 8, Trenton. (wiq)
07/30/2025145Document re: Letter to Judge Kaplan dated July 30, 2025 (related document:[128] Motion to Approve Compromise or Settlement under Rule 9019 filed by Trustee John Michael McDonnell, [129] Notice of Proposed Compromise or Settlement of Controversy filed by Trustee John Michael McDonnell) filed by Scott S. Rever on behalf of John Michael McDonnell. (Rever, Scott)
07/26/2025144BNC Certificate of Notice - Hearing on Application for Compensation. No. of Notices: 58. Notice Date 07/26/2025. (Admin.)
07/25/2025143Transcript regarding Hearing Held 07/24/25 (related document:[124] Motion for Relief From Stay filed by Interested Party James McCarthy, Interested Party Scott Hospes, Interested Party Lacarya Scott, Interested Party Jason Bodnick, Interested Party Harry Charnley, Interested Party Scott Chilson, Interested Party Jemal Beale, Interested Party Craig Bartlett, Interested Party Bray Barnes, Interested Party Peter McGuire). The transcript may be viewed at the Bankruptcy Court Clerk's Office. For information about how to contact the transcriber, call the Clerk's Office. Notice of Intent to Request Redaction Deadline Due By 8/1/2025. List of Items to be Redacted Due By 08/15/2025. Redacted Transcript Submission Due By 08/25/2025. Remote electronic access to the transcript will be restricted through 10/23/2025. (J&J Court Transcribers)
07/24/2025Minute of 7/24/2025; Hearing Held, OUTCOME: GRANTED; ORDER TO BE SUBMITTED (related document:124 Motion for Relief from Stay re: to Allow for Advancement and Payment of Fees and Costs Under Directors and Officers Insurance Policy. Fee Amount $ 199. Filed by Daniel Brogan on behalf of Peter McGuire, Bray Barnes, Craig Bartlett, Jemal Beale, Scott Chilson, Harry Charnley, Jason Bodnick, Lacarya Scott, Scott Hospes, James McCarthy. Hearing scheduled for 6/26/2025 at 10:00 AM, MBK - Courtroom 8, Trenton.. (Attachments: # 1 Certification of D. Brogan # 2 Exhibit A - Great American Policy # 3 Exhibit B - Professional Solutions Policy # 4 Proposed Order # 5 Certificate of Service) Filed by Interested Party Bray Barnes, Interested Party Craig Bartlett, Interested Party Jemal Beale, Interested Party Peter McGuire, Interested Party Scott Chilson, Interested Party James McCarthy, Interested Party Harry Charnley, Interested Party Jason Bodnick, Interested Party Lacarya Scott, Interested Party Scott Hospes) (wiq)
07/24/2025Hearing Rescheduled from 7/24/2025; (related document:128 Motion to Approve Compromise or Settlement under Rule 9019 Filed by Scott S. Rever on behalf of John Michael McDonnell. Hearing scheduled for 7/17/2025 at 10:00 AM, MBK - Courtroom 8, Trenton.. (Attachments: # 1 Certification in support of entry of an order approving settlement agreement with Discover Growth Fund II, LLC pursuant to Fed. R. Bankr. P. 9019 # 2 Exhibit A # 3 Memorandum of Law # 4 Proposed Order) Filed by Trustee John Michael McDonnell) Hearing scheduled for 07/31/2025 at 10:00 AM, MBK - Courtroom 8, Trenton. (wiq)
07/23/2025142Certificate of Service (related document:[141] Application for Compensation filed by Accountant Sharer Petree Brotz & Snyder) filed by Scott S. Rever on behalf of John Michael McDonnell. (Rever, Scott)