Case number: 1:24-bk-44503 - 742 Lex Inc. - New York Eastern Bankruptcy Court

Case Information
  • Case title

    742 Lex Inc.

  • Court

    New York Eastern (nyebke)

  • Chapter

    11

  • Judge

    Jil Mazer-Marino

  • Filed

    10/30/2024

  • Last Filing

    12/15/2025

  • Asset

    Yes

  • Vol

    v

Docket Header
PlnDue, DsclsDue, DISMISSED



U.S. Bankruptcy Court
Eastern District of New York (Brooklyn)
Bankruptcy Petition #: 1-24-44503-jmm

Assigned to: Jil Mazer-Marino
Chapter 11
Voluntary
Asset



Debtor disposition:  Dismissed for Other Reason
Date filed:  10/30/2024
Debtor dismissed:  10/02/2025
341 meeting:  12/18/2024

Debtor

742 Lex Inc.

412 Utica Avenue
Brooklyn, NY 11213
KINGS-NY
Tax ID / EIN: 81-1808577

represented by
John Emefieh

Law Office of John Emefieh
294 Atlantic Avenue 2
Brooklyn, NY 11201
718-624-5001
Email: johnemefieh@gmail.com

U.S. Trustee

Office of the United States Trustee

Eastern District of NY (Brooklyn)
Alexander Hamilton Custom House
One Bowling Green
Room 510
New York, NY 10004-1408
(212) 206-2580
 
 

Latest Dockets

Date Filed#Docket Text
11/05/2025Hearing Held; Appearances: Mary Frances Balthasar Representing Creditor - (RE: related document(s)27 Letter Providing Notice of Court Hearing Filed by Mary F Balthasar Lake on behalf of U.S. Bank National Association, as Trustee for Velocity Commercial Capital Loan Trust 2018-2 (RE: related document(s) 11 Motion for Relief From Stay filed by Creditor U.S. Bank National Association, as Trustee for Velocity Commercial Capital Loan Trust 2018-2, 16 Motion to Vacate Order filed by Debtor 742 Lex Inc., 24 Motion to Continue/Extend/Reimpose Stay filed by Creditor U.S. Bank National Association, as Trustee for Velocity Commercial Capital Loan Trust 2018-2) - Granted to the extent it seeks in rem relief, Submit Order, Court to issue order dismissing case. (tml) (Entered: 11/08/2025)
10/14/202527Letter Providing Notice of Court Hearing Filed by Mary F Balthasar Lake on behalf of U.S. Bank National Association, as Trustee for Velocity Commercial Capital Loan Trust 2018-2 (RE: related document(s)11 Motion for Relief From Stay filed by Creditor U.S. Bank National Association, as Trustee for Velocity Commercial Capital Loan Trust 2018-2, 16 Motion to Vacate Order filed by Debtor 742 Lex Inc., 24 Motion to Continue/Extend/Reimpose Stay filed by Creditor U.S. Bank National Association, as Trustee for Velocity Commercial Capital Loan Trust 2018-2) Hearing scheduled for 11/5/2025 at 10:00 AM at Courtroom 3529 (Judge Mazer-Marino), Brooklyn, NY. (Lake, Mary) (Entered: 10/14/2025)
10/04/202526BNC Certificate of Mailing with Notice of Dismissal Notice Date 10/04/2025. (Admin.) (Entered: 10/05/2025)
10/02/202525Order Dismissing Chapter 11 Case with Notice of Dismissal. The Court shall retain jurisdiction to hear and to determine all matters with respect to the motion [ECF No. 11] of U.S. Bank National Association, as Trustee for Velocity Commercial Capital Loan Trust 2018-2, for relief from the automatic stay and in rem relief with respect to 412 Utica Avenue, Brooklyn, New York 11213-5803, the Order Granting Relief from the Automatic Stay and In Rem Relief [ECF No. 13] entered February 19, 2025, the Motion to Vacate Order from Automatic Stay filed by the Debtor [ECF No. 16], the Conditional Order Vacating Stay Relief [ECF No. 23] entered on April 17, 2025, and the Motion to Reimpose In Rem Relief [ECF No. 24]. (RE: related document(s)17 Motion to Dismiss Case filed by U.S. Trustee Office of the United States Trustee, Motion to Convert Case Chapter 11 to 7). Signed on 10/2/2025 (caf) (Entered: 10/02/2025)
08/25/202524Motion to Continue/Extend/Reimpose Stay In Rem Relief Order concerning the real property commonly known as 412 Utica Avenue, Brooklyn, New York 11213-5803 Filed by Mary F Balthasar Lake on behalf of U.S. Bank National Association, as Trustee for Velocity Commercial Capital Loan Trust 2018-2 (RE: related document(s)11 Motion for Relief From Stay filed by Creditor U.S. Bank National Association, as Trustee for Velocity Commercial Capital Loan Trust 2018-2, 16 Motion to Vacate Order filed by Debtor 742 Lex Inc.). Hearing scheduled for 10/8/2025 at 11:00 AM at Courtroom 3529 (Judge Mazer-Marino), Brooklyn, NY. (Attachments: # 1 Proposed Order) (Lake, Mary) Modified on 8/28/2025 to add property address (caf). (Entered: 08/25/2025)
06/11/2025Hearing Held; Appearances: Gregory J. Sanda Representing US Bank National Association, Shannon Scott from the Office of the United States Trustee - (RE: related document(s)6 Order Scheduling Initial Case Management Conference) - Motion to dismiss granted; Court will retain jursidication to consider creditors motion for in rem relief (tml) (Entered: 06/11/2025)
06/11/2025Hearing Held; Appearances: Gregory J. Sanda Representing US Bank National Association, Shannon Scott from the Office of the United States Trustee - (RE: related document(s)17 Motion to Dismiss Case or Alternatively, Motion to Convert Case Chapter 11 to 7 Filed by Office of the United States Trustee.) - No Opposition - Granted; Submit Order Dismissing Case (tml) (Entered: 06/11/2025)
04/17/202523Conditional Order Vacating Stay Relief Order (RE: related document(s)13 Order on Motion For Relief From Stay). Signed on 4/17/2025 (caf) (Entered: 04/17/2025)
04/09/2025Hearing Held; Appearances:Greg Sanda Representing Creditor, Sylvia Shweder from the Office of the United States Trustee, John Emefieh Representing Debtor - (RE: related document(s)16 Motion to Vacate Order Filed by Debtor 742 Lex Inc.) Motion Granted - Submit order (sej) (Entered: 04/10/2025)
04/09/2025Hearing Held and Adjourned; Appearances:Greg Sanda Representing Creditor, Sylvia Shweder from the Office of the United States Trustee, John Emefieh Representing Debtor - Status hearing to be held on 06/11/2025 at 10:00 AM at Courtroom 3529 (Judge Mazer-Marino), Brooklyn, NY. (RE: related document(s)6 Order Scheduling Initial Case Management Conference) (sej) (Entered: 04/10/2025)