Case number: 2:25-bk-00034 - Clouter Creek Reserve LLC - South Carolina Bankruptcy Court

Case Information
  • Case title

    Clouter Creek Reserve LLC

  • Court

    South Carolina (scbke)

  • Chapter

    11

  • Judge

    Elisabetta G.M. Gasparini

  • Filed

    01/06/2025

  • Last Filing

    07/29/2025

  • Asset

    Yes

  • Vol

    v

Docket Header
PlnDue, DeBN



United States Bankruptcy Court
District of South Carolina (Charleston)
Bankruptcy Petition #: 25-00034-eg

Assigned to: Judge Elisabetta G.M. Gasparini
Chapter 11
Voluntary
Asset


Date filed:  01/06/2025
341 meeting:  02/07/2025
Deadline for filing claims:  05/08/2025
Deadline for filing claims (govt.):  07/07/2025
Deadline for objecting to discharge:  04/08/2025

Debtor

Clouter Creek Reserve LLC

180 Overlook Point PlaceAPT 5210
Charleston, SC 29492
BERKELEY-SC
Tax ID / EIN: 82-2661994
fka
IVO SANDS, LLC


represented by
William Harrison Penn

Penn Law Firm, LLC
P.O. Box 11332
1517 Laurel Street
Columbia, SC 29211-1332
803-771-8836
Email: hpenn@pennlawsc.com

U.S. Trustee

US Trustee's Office

Strom Thurmond Federal Building
1835 Assembly St.
Suite 953
Columbia, SC 29201
represented by
Brandon K. Poston

US Trustee's Office
Strom Thurmond Federal Building
1835 Assembly St.
Suite 953
Columbia, SC 29201
803-765-5218
Email: keith.poston@usdoj.gov

Latest Dockets

Date Filed#Docket Text
07/12/2025135Request for Transcript of Hearing Held on 4/3/2025 Filed by Tara E. Nauful of Best Law, P.A. on behalf of Lowcountry Private Lending, LLC. (Nauful, Tara) (Entered: 07/12/2025)
06/25/2025134Chapter 11 Monthly Operating Report for the Month Ending: 05/31/2025 Filed by William Harrison Penn of Penn Law Firm, LLC on behalf of Clouter Creek Reserve LLC. (Attachments: # 1 Appendix Bank Statement) (Penn, William) (Entered: 06/25/2025)
06/25/2025133Amended Chapter 11 Monthly Operating Report for the Month Ending: 04/30/2025 Filed by William Harrison Penn of Penn Law Firm, LLC on behalf of Clouter Creek Reserve LLC. (Attachments: # 1 Appendix Bank Statement) 122 (Penn, William) Modified on 6/26/2025 add linkage (Mays, E). (Entered: 06/25/2025)
06/13/2025132Certificate of Service RE: Consent Order. Pursuant to SC LBR 9013-3, all parties required to receive notice have received notice by Notice of Electronic Filing. Filed by William Harrison Penn of Penn Law Firm, LLC on behalf of Clouter Creek Reserve LLC. (related document(s)131). (Penn, William) (Entered: 06/13/2025)
06/11/2025131Consent Order on Mediation.
Notice and service of this event are delegated pursuant to the Local Rules
EG (related document(s)130). (Mays, E) (Entered: 06/11/2025)
06/11/2025130Proposed Order RE: CONSENT ORDER ON MEDIATION Filed by William Harrison Penn of Penn Law Firm, LLC on behalf of Clouter Creek Reserve LLC. (Attachments: # 1 Affidavit) (Penn, William) (Entered: 06/11/2025)
06/04/2025129Certificate of Service of Document as served by the Bankruptcy Noticing Center. Notice Date 06/04/2025. (Related Doc # 128) (Admin.) (Entered: 06/05/2025)
06/02/2025128Order Granting Request to Continue. The Motion to Convert Chapter 11 Case to Chapter 7 Filed by Tara E. Nauful on behalf of Lowcountry Private Lending, LLC is Continued.
AND IT IS SO ORDERED.
Signed by: Judge Elisabetta G.M. Gasparini, US Bankruptcy Court - District of South Carolina (related document(s)49, 127 ). Hearing scheduled for 8/21/2025 at 10:00 AM at Charleston. The case judge is Elisabetta G.M. Gasparini. (Tull, C) (Entered: 06/02/2025)
06/02/2025127
Second
Request to Continue
July 2, 2025
Hearingre: Motion to Convert Chapter 11 Case to Chapter 7. with Certificate of Service filed by Lowcountry Private Lending, LLC, Joint Motion to Convert filed by Mark A Mason, Esq., Objection filed by Clouter Creek Reserve LLC,
First
Request to Continue
05/01/2025
Hearing, Slot Number
49
, re: Motion to Convert Chapter 11 Case to Chapter 7. with Certificate of Service filed by Lowcountry Private Lending, LLC, Joint Motion to Convert filed by Mar filed by Lowcountry Private Lending, LLC. Movant requests that the hearing be continued until
August 21, 2025 at 10:00 am in Charleston.
The request is with consent of the affected parties. The moving party requests this continuance for the following reasons: Based upon the consent of the parties and to allow time for a mediation of the issues.. Filed by William Harrison Penn of Penn Law Firm, LLC on behalf of Clouter Creek Reserve LLC (related document(s)49, 63, 88, 94 ). (Penn, William) (Entered: 06/02/2025)
05/29/2025126Certificate of Service RE: Amended Disclosure Statement filed by Debtor Clouter Creek Reserve LLC, Addendum to Chapter 11 Plan filed by Debtor Clouter Creek Reserve LLC, Order Approving Disclosure Statement/Setting Conf. Hrg.. Filed by William Harrison Penn of Penn Law Firm, LLC on behalf of Clouter Creek Reserve LLC. (related document(s)124, 123, 125). (Penn, William) (Entered: 05/29/2025)