Preston General Contractors, LLC
7
07/25/2016
05/31/2019
Yes
| REFORM |
Assigned to: Barbara J. Houser Chapter 7 Voluntary Asset |
|
Debtor Preston General Contractors, LLC
13740 Midway Road Suite 603 Dallas, TX 75244 DALLAS-TX Tax ID / EIN: 74-3240377 |
represented by |
Marcus Jermaine Watson
M. J. Watson & Associates, P.C. 325 N. Saint Paul Street Suite 2200 Dallas, TX 75201 (214) 965-8240 Fax : (214) 999-1384 Email: jwatson@mjwatsonlaw.com |
Trustee Diane G. Reed
501 N. College Street Waxahachie, TX 75165 (972) 938-7334 |
represented by |
David W. Elmquist
Reed & Elmquist, P.C. 501 N. College Street Waxahachie, TX 75165 (972) 938-7339 Fax : (972) 923-0430 Email: delmquist@bcylawyers.com |
U.S. Trustee United States Trustee
1100 Commerce Street Room 976 Dallas, TX 75242 214-767-8967 |
| Date Filed | # | Docket Text |
|---|---|---|
| 05/16/2017 | 52 | (4 pgs) Notice of intent to abandon certain contract claims filed by Trustee Diane G. Reed. Objections due by 5/30/2017. (Elmquist, David) |
| 05/16/2017 | 51 | (3 pgs) Trustee's interim report for the period ending: 5/16/17. Projected date of filing final report: 7/31/17 The trustee is currently holding $29,926.48 in this case. As of the commencement of this case, there were three construction contracts in which PGC served as the general contractor. The trustee, through counsel, has investigated amounts due the debtor under these contracts and the amounts the debtor owes under these contracts. Based upon this investigation and after conferring with counsel, the trustee determined that only the contract with Kaar Investment, LLC ("Kaar") had any potential for recovery for the estate. The recovery under the Kaar contract was obtained through a compromise and settlement of claims in which the trustee received a settlement payment of $18,987.16. The trustee intends to abandon any claims or rights of recovery under the other two construction contracts. There are no other assets to liquidate nor any other claims to administer. (Reed, Diane) |
| 05/03/2017 | 50 | (2 pgs) Order granting trustee's motion to sell assets (Alter Ego Claims) (related document # 48) Entered on 5/3/2017. (Rielly, Bill) |
| 05/01/2017 | Hearing held on 5/1/2017. (RE: related document(s) 48 Motion to sell assets (alter ego claims) Filed by Trustee Diane G. Reed) (GRANTED, ORDER TO BE SUBMITTED.) (Harden, D.) (Entered: 05/02/2017) | |
| 04/03/2017 | 49 | (3 pgs) Notice of hearing filed by Trustee Diane G. Reed (RE: related document(s) 48 Motion to sell assets (alter ego claims) Filed by Trustee Diane G. Reed). Hearing to be held on 5/1/2017 at 01:15 PM Dallas Judge Houser Ctrm for 48, (Elmquist, David) |
| 04/03/2017 | 48 | (8 pgs) Motion to sell assets (alter ego claims) Filed by Trustee Diane G. Reed (Elmquist, David) |
| 03/05/2017 | 47 | (3 pgs) BNC certificate of mailing - PDF document. (RE: related document(s) 44 Agreed Order granting motion for 2004 examination of Timothy D. McMahon (related doc 32) Entered on 3/3/2017.) No. of Notices: 1. Notice Date 03/05/2017. (Admin.) (Entered: 03/06/2017) |
| 03/03/2017 | 46 | (2 pgs) Agreed Order granting motion for 2004 examination of a designation representative of Duval General Contractors LLC (related doc # 34) Entered on 3/3/2017. (Rielly, Bill) |
| 03/03/2017 | 45 | (2 pgs) Agreed Order granting motion for 2004 examination of Stephen Boudreau (related doc # 33) Entered on 3/3/2017. (Rielly, Bill) |
| 03/03/2017 | 44 | (2 pgs) Agreed Order granting motion for 2004 examination of Timothy D. McMahon (related doc 32) Entered on 3/3/2017. (Rielly, Bill) |