Case number: 2:16-bk-02426 - BUENA VISTA PLANTATION CORP - Puerto Rico Bankruptcy Court

Case Information
  • Case title

    BUENA VISTA PLANTATION CORP

  • Court

    Puerto Rico (prbke)

  • Chapter

    11

  • Judge

    EDWARD A GODOY

  • Filed

    03/31/2016

  • Last Filing

    07/31/2017

  • Asset

    Yes

Docket Header
PlnDue, DsclsDue, MEMBER, CONS, CLOSED



U.S. Bankruptcy Court
District of Puerto Rico (Ponce)
Bankruptcy Petition #: 16-02426-EAG11

Assigned to: US BANKRUPTCY JUDGE EDWARD A GODOY
Chapter 11
Voluntary
Asset



Debtor disposition:  Dismissed for Other Reason
Date filed:  03/31/2016
Date terminated:  07/31/2017
341 meeting:  05/02/2016
Deadline for objecting to discharge:  07/01/2016

Debtor

BUENA VISTA PLANTATION CORP

BOX 565
SALINAS, PR 00751
SALINAS-PR
Tax ID / EIN: 66-0782476

represented by
GERARDO L SANTIAGO PUIG

DORAL BANK PLAZA SUITE 801
33 RESOLUCION ST
SAN JUAN, PR 00920
787-777-8000
Fax : 787-767-7107
Email: gsantiagopuig@gmail.com

U.S. Trustee

MONSITA LECAROZ ARRIBAS

OFFICE OF THE US TRUSTEE (UST)
OCHOA BUILDING
500 TANCA STREET SUITE 301
SAN JUAN, PR 00901

 
 
U.S. Trustee

US TRUSTEE

US TRUSTEE
EDIFICIO OCHOA
500 TANCA STREET SUITE 301
SAN JUAN, PR 00901-1922
 
 

Latest Dockets

Date Filed#Docket Text
07/31/2017Bankruptcy Case Closed (MACHARGO PEREIRA, AIDA)
07/31/2017Bankruptcy Case Closed (MACHARGO PEREIRA, AIDA) (Entered: 07/31/2017)
07/27/201663Certificate of service (RE: related document(s) 62) Notice Date 07/27/2016. (Admin.) (Entered: 07/28/2016)
07/22/201662NOTED (RE: related document(s) 53). Signed on 7/22/2016.(MACHARGO PEREIRA, AIDA) (Entered: 07/22/2016)
07/03/201661Certificate of service (RE: related document(s) 59) Notice Date 07/03/2016. (Admin.) (Entered: 07/04/2016)
07/01/201660Certificate of service (RE: related document(s) 58) Notice Date 07/01/2016. (Admin.) (Entered: 07/02/2016)
07/01/201659Notice to Creditors Consolidating Cases: Please take notice that upon the order by the Honorable Edward A. Godoy entered on 6/23/2016 (docket entry # 66 ), the cases #16-02428 and # 16-02426 have been consolidated. All further entries should be entered under the lead case 16-02428 EAG. (RE: related document(s) 26, 58). Signed on 7/1/2016.(MACHARGO PEREIRA, AIDA) (Entered: 07/01/2016)
06/27/201657United State Trustee's Position REGARDING STIPULATION FOR CASH COLLATERAL (RE: related document(s) 52, 55). filed by US TRUSTEE (DIAZ-VEGA, JOSE) (Entered: 06/27/2016)
06/23/201658Minutes of Proceeding/Contested Matters: Small Business: NO; Nature of Business: Inversiones Araxi: Owns real property; Buena Vista Plantation: rental of real property; Reasons filing bankruptcy: Cash flow problem; stop an execution of a Judgment; Time table to file Disclosure Statement and the Plan: 08/15/2016; Estimated professional fees: $20,000.00 for Attorney; $6,000.00 to $8,000.00 for Accountant; Anticipated significant event: Negotiations with LSREF2 Island Holdings; Need for future status conference: NO; 341 meeting status: held and closed; 05/03/2016 (Docket # 25); Application for employment of professional: For accountant to be filed by 07/01/2016. ORDER: For the reasons stated in open Court, the motion requesting substantive consolidation of cases 16-02426 and 16-2428, filed by LSREF2 Island Holdings LTD, Inc. (Docket # 26) is hereby granted. The consolidation will be effective on 07/01/2016. The lead case will be 16-02428 and the member case will be 16-02426. Debtor is to file consolidated Schedules by 07/01/2016, and the consolidated schedule B shall include the account receivable for the insider. The objection term as to the second stipulation to use cash collateral filed between the Debtors and LSREF2 (Docket # 62 ) is shortened to fourteen (14) days (due by 07/06/2016). Any modification to this stipulation should be made within seven (7) days (order due by 07/01/2016). The parties are to re-notify the stipulation with the shortened objection term and include in the same that if any objection is timely filed, the same will be heard on 07/21/2016 at 09:30 A.M. in Ponce, P.R. The objection term as to the Stipulation filed between the Debtor and PREPA (Docket # 63 ) is shortened to fourteen (14) days (due by 07/06/2016). As to the motion requesting sanctions against Debtor and/or its Attorney filed by LSREF2 (Docket # 19), LSREF2 is to file a Bill of Costs by 07/01/2016 with a fourteen (14) day objection term. If any objection is timely filed, the same will be heard on 07/21/2016 at 09:30 A.M. in Ponce, P.R. Debtors are to file the Disclosure Statement and Plan by 08/15/2016. Debtors are to file an application to employ accountant by 07/01/2016. Debtors applications to employ appraiser (Docket # 46 in both cases) are hereby approved. Objections to claims must be filed forty-five (45) days prior to the hearing on confirmation. Debtor will include in its objection to claim a notice that if no response to the objection is filed within thirty (30) days, the motion will be considered and decided without the actual hearing. If a written response or opposition to the objection to claim is timely filed, the contested matter will be heard on the date that the hearing on confirmation has been scheduled. Order due by 7/1/2016. (Re: related document(s) 19, 26, 27, 30, 37, 45, 47, 52, 55).(REYES TORO, WILLIAM) (Entered: 06/29/2016)
06/23/201656PDF with attached Audio File. Court Date & Time [ 6/23/2016 10:32:54 AM ]. File Size [ 13276 KB ]. Run Time [ 00:55:19 ]. (admin). (Entered: 06/24/2016)