Case number: 1:23-bk-10322 - Eletson Holdings Inc. - New York Southern Bankruptcy Court

Case Information
  • Case title

    Eletson Holdings Inc.

  • Court

    New York Southern (nysbke)

  • Chapter

    11

  • Judge

    John P. Mastando III

  • Filed

    03/07/2023

  • Last Filing

    05/06/2025

  • Asset

    Yes

  • Vol

    i

Docket Header
Lead, Mediation, Convert, MEGANY, APPEAL



U.S. Bankruptcy Court
Southern District of New York (Manhattan)
Bankruptcy Petition #: 23-10322-jpm

Assigned to: Judge John P. Mastando III
Chapter 11
Previous chapter 7
Original chapter 7
Involuntary
Asset


Date filed:  03/07/2023
Date converted:  09/25/2023
341 meeting:  01/05/2024
Deadline for filing claims:  12/18/2023

Debtor

Eletson Holdings Inc.

1 Landmark Square, Suite 424
C/O Agent Eleston Maritime, Inc.
Stamford, Connecticut 06901
OUTSIDE U. S.
Greece
Tax ID / EIN: 00-0000000
aka
Eletson


represented by
Derek J Baker

Reed Smith LLP
1717 Arch Street
Three Logan Square
Philadelphia, PA 19103
215-851-8148
Email: dbaker@reedsmith.com

Andrew Buck

Reed Smith LLP
599 Lexington Avenue
New York, NY 10022
212-549-0347
Email: abuck@reedsmith.com

William E Curtin

Sidley Austin LLP
787 Seventh Avenue
.
New York, NY 10019
212-839-6745
Fax : 212-839-5599
Email: wcurtin@sidley.com

Petitioning Creditor

Pach Shemen LLC

1209 N. Orange Street
Wilmington, DE 19801

represented by
Jared C Borriello

Togut, Segal & Segal LLP
One Penn Plaza
Suite 3335
New York, NY 10119
212-594-5000
Fax : 212-967-4258
Email: jborriello@teamtogut.com

Bryan Kotliar

Togut, Segal & Segal LLP
One Penn Plaza
Suite 3335
New York, NY 10119
212-594-5000
Fax : 212-967-4258
Email: bkotliar@teamtogut.com

Kyle J. Ortiz

Togut, Segal & Segal LLP
One Penn Plaza
Suite 3335
New York, NY 10119
212-594-5000
Fax : 212-967-4258
Email: kortiz@teamtogut.com

Brian F Shaughnessy

Togut, Segal & Segal LLP
One Penn Plaza
Suite 3335
New York, NY 10119
212-594-5000
Email: bshaughnessy@teamtogut.com

Petitioning Creditor

VR Global Partners, L.P.

One Nexus Way
Grand Cayman KY1-9005
Cayman Islands

represented by
Jared C Borriello

(See above for address)

Bryan Kotliar

(See above for address)

Kyle J. Ortiz

(See above for address)

Brian F Shaughnessy

(See above for address)

Petitioning Creditor

ALPINE PARTNERS (BVI), L.P.

140 Broadway
38th Floor
New York, NY 10005

represented by
Jared C Borriello

(See above for address)

Bryan Kotliar

(See above for address)

Kyle J. Ortiz

(See above for address)

Brian F Shaughnessy

(See above for address)

Petitioning Creditor

Gene B. Goldstein


represented by
Jared C Borriello

(See above for address)

Bryan Kotliar

(See above for address)

Kyle J. Ortiz

(See above for address)

Brian F Shaughnessy

(See above for address)

Petitioning Creditor

Gene B. Goldstein, In His Capacity as Trustee of the Gene B. Goldstein and Francine T. Goldstein Family Trust


represented by
Jared C Borriello

(See above for address)

Bryan Kotliar

(See above for address)

Kyle J. Ortiz

(See above for address)

Brian F Shaughnessy

(See above for address)

Petitioning Creditor

Tracy Lee Gustafson


represented by
Jared C Borriello

(See above for address)

Bryan Kotliar

(See above for address)

Kyle J. Ortiz

(See above for address)

Brian F Shaughnessy

(See above for address)

Petitioning Creditor

Jason Chamness


represented by
Jared C Borriello

(See above for address)

Bryan Kotliar

(See above for address)

Kyle J. Ortiz

(See above for address)

Brian F Shaughnessy

(See above for address)

Petitioning Creditor

Ron Pike


represented by
Jared C Borriello

(See above for address)

Bryan Kotliar

(See above for address)

Kyle J. Ortiz

(See above for address)

Brian F Shaughnessy

(See above for address)

Petitioning Creditor

Robert H. Latter


represented by
Jared C Borriello

(See above for address)

Bryan Kotliar

(See above for address)

Kyle J. Ortiz

(See above for address)

Brian F Shaughnessy

(See above for address)

Petitioning Creditor

Mark Millet, In His Capacity as Trustee of the Mark E. Millet Living Trust


represented by
Jared C Borriello

(See above for address)

Bryan Kotliar

(See above for address)

Kyle J. Ortiz

(See above for address)

Brian F Shaughnessy

(See above for address)

Petitioning Creditor

Mark Millet, In His Capacity as Trustee of the Millet 2016 Irrevocable Trust


represented by
Jared C Borriello

(See above for address)

Bryan Kotliar

(See above for address)

Kyle J. Ortiz

(See above for address)

Brian F Shaughnessy

(See above for address)

Petitioning Creditor

Farragut Square Global Master Fund, LP


represented by
Jared C Borriello

(See above for address)

Bryan Kotliar

(See above for address)

Kyle J. Ortiz

(See above for address)

Brian F Shaughnessy

(See above for address)

Petitioning Creditor

Deutsche Bank Trust Company Americas as Trustee and Collateral Agent for holders of 9.265% First Preferred Ship Mortgage Notes Due 2022


represented by
John H. Bae

Thompson Hine LLP
300 Madison Avenue
27th Floor
New York, NY 10017
212-908-3929
Fax : 212-344-6101
Email: John.Bae@ThompsonHine.com

Bryan Kotliar

(See above for address)

Kyle J. Ortiz

(See above for address)

U.S. Trustee

United States Trustee

Office of the United States Trustee - NY
Alexander Hamilton Custom House
One Bowling Green, Room 534
New York, NY 10004-1408
(212) 510-0500

represented by
Daniel Rudewicz

DOJ-Ust
1 Bowling Green
New York, NY 10004
212-510-0500
Email: daniel.rudewicz@usdoj.gov

Creditor Committee

Official Committee of Unsecured Creditors
represented by
David A. Herman

Dechert LLP
Three Bryant Park
1095 Avenue of the Americas
New York, NY 10036
212-649-8728
Email: david.herman@dechert.com

Stephen Zide

Dechert LLP
Three Bryant Park
1095 Avenue of the Americas
New York, NY 10036
917-841-4121
Email: stephen.zide@dechert.com

Latest Dockets

Date Filed#Docket Text
05/05/20251639Order signed on 5/5/2025 Extending Time For Eletson Holdings Inc. To Object To Claims. (Related Doc # 1596) (Rodriguez-Castillo, Maria) (Entered: 05/05/2025)
05/01/20251638Affidavit of Service re Shaftel Declaration and Exhibits (refiled as Doc# 1623) (related document(s)1586) filed by Maura Miller on behalf of Apargo Ltd., Desimusco Trading Co., Fentalon Ltd.. (Miller, Maura) (Entered: 05/01/2025)
05/01/20251637Memorandum Endorsed Order signed on 5/1/2025 Re: Letter. (related document(s)1630, 1628, 1627, 1629) (Rodriguez-Castillo, Maria) (Entered: 05/01/2025)
05/01/20251636Transcript regarding Hearing Held on April 30, 2025 at 10:04 AM RE: Motion to Extend Time /Notice of Hearing and Eletson Holdings Inc.'s Motion for an Order Extending Time to Object to Claims; Motion to Reconsider FRCP 60 or FRBP 3008 Motion of Elafonissos Shipping Corporation for Relief From the Courts Orders of Bankruptcy Procedure 9024; Statement /Supplement to Eletson Holdings Inc.'s Motion for Entry of a Further Order in Support of Confirmation and Consummation of the Court-Approved Plan of Reorganization, etc..
Remote electronic access to the transcript is restricted until 7/30/2025.
The transcript may be viewed at the Bankruptcy Court Clerks Office. [Transcription Service Agency: eScribers, LLC.]. (See the Courts Website for contact information for the Transcription Service Agency.) (RE: related document(s) 1569, 1627, 1624, 1596). Notice of Intent to Request Redaction Deadline Due By 5/8/2025. Statement of Redaction Request Due By 5/22/2025. Redacted Transcript Submission Due By 6/2/2025. Transcript access will be restricted through 7/30/2025. (Braithwaite, Kenishia) (Entered: 05/01/2025)
04/30/20251635Letter to the Honorable John P. Mastando re: Response to extension request letters filed by Reed Smith LLP and Rolnick, Kramer & Sadighi LLP (related document(s)1633, 1634) Filed by Bryan Kotliar on behalf of Reorganized Eletson Holdings Inc.. (Kotliar, Bryan) (Entered: 04/30/2025)
04/30/20251634Letter to the Honorable John P. Mastando re: Request for Extension Filed by Frank T.M. Catalina on behalf of Elafonissos Shipping Corporation, Family Unity Trust Company, Glafkos Trust Company, Lassia Investment Company. (Catalina, Frank) (Entered: 04/30/2025)
04/30/20251633Letter to the Honorable John P. Mastando Requesting an Extension of Time to Respond to the April 16, 2025 Motions (related document(s)1602, 1605, 1597, 1607) Filed by Louis M. Solomon on behalf of Provisional Eletson Holdings, Reed Smith LLP. (Solomon, Louis) (Entered: 04/30/2025)
04/30/20251632Declaration of Hal S. Shaftel in support of Motion For Reconsideration of the March 25, 2025 Order filed by Maura Miller on behalf of Apargo Ltd., Desimusco Trading Co., Fentalon Ltd.. (Attachments: # 1 Exhibit Ex A - LLCA # 2 Exhibit Ex B - LLCA Amendment) (Miller, Maura) (Entered: 04/30/2025)
04/29/20251631Affidavit of Service (related document(s)1623, 1586, 1587, 1588) Filed by Maura Miller on behalf of Apargo Ltd., Desimusco Trading Co., Fentalon Ltd.. (Miller, Maura) (Entered: 04/29/2025)
04/29/20251630Declaration /Supplemental Declaration of Kyle J. Ortiz, Esq., in Support of Supplement to Eletson Holdings Inc.'s Motion to Amend Court's Foreign Opposition Sanctions Order [Docket No. 1537] to (A) Increase the Sanctions Amount and (B) Impose Sanctions on Laskarina Karastamati (Attachment(s): Exhbits 1-12) (related document(s)1629) filed by Kyle J. Ortiz on behalf of Reorganized Eletson Holdings Inc.. (Ortiz, Kyle)Modified text on 4/30/2025 (Lopez, Mary). (Entered: 04/29/2025)