Case number: 4:23-bk-32924 - 50 Crosby Pines, Ltd. and 48 Highland Shores, Ltd. - Texas Southern Bankruptcy Court

Case Information
  • Case title

    50 Crosby Pines, Ltd. and 48 Highland Shores, Ltd.

  • Court

    Texas Southern (txsbke)

  • Chapter

    11

  • Judge

    Eduardo V Rodriguez

  • Filed

    07/31/2023

  • Last Filing

    04/29/2024

  • Asset

    Yes

  • Vol

    v

Docket Header
LEAD



U.S. Bankruptcy Court
Southern District of Texas (Houston)
Bankruptcy Petition #: 23-32924

Assigned to: Bankruptcy Judge Eduardo V Rodriguez
Chapter 11
Voluntary
Asset


Date filed:  07/31/2023
Plan confirmed:  04/24/2024
341 meeting:  08/29/2023
Deadline for filing claims:  11/27/2023
Deadline for filing claims (govt.):  01/29/2024

Debtor

50 Crosby Pines, Ltd.

340 N. Sam Houston Parkway, Suite 140
Houston, TX 77060
HARRIS-TX
Tax ID / EIN: 87-3502512

represented by
William P Haddock

Pendergraft & Simon
2777 Allen Parkway
Suite 800
Houston, TX 77019
713-528-8555
Fax : 713-868-1267
Email: will@haddock.pro

Leonard H Simon

Pendergraft Simon, LLP
The Riviana Building
2777 Allen Parkway, Suite 800
Houston, TX 77019
713-737-8207
Fax : 832-202-2810
Email: lsimon@pendergraftsimon.com

Debtor

48 Highland Shores, Ltd.

340 N. Sam Houston Parkway, Suite 140
Houston, TX 77060
HARRIS-TX
Tax ID / EIN: 87-4024869

represented by
William P Haddock

(See above for address)

Leonard H Simon

(See above for address)

Debtor

53 Eagles Cove, Ltd.

340 N. Sam Houston Parkway, Suite 140
Houston, TX 77060
HARRIS-TX
Tax ID / EIN: 87-3648026

represented by
William P Haddock

(See above for address)

Leonard H Simon

(See above for address)

Debtor

171 Lone Stag, Ltd.

340 N. Sam Houston Parkway, Suite 140
Houston, TX 77060
HARRIS-TX
Tax ID / EIN: 87-3042240

represented by
William P Haddock

(See above for address)

Leonard H Simon

(See above for address)

Debtor

80 Crosby Terrace, Ltd.

340 N. Sam Houston Parkway, Suite 140
Houston, TX 77060
HARRIS-TX
Tax ID / EIN: 88-0765879

represented by
William P Haddock

(See above for address)

Leonard H Simon

(See above for address)

Debtor

133 Lone Wolf, Ltd.

340 N. Sam Houston Parkway, Suite 140
Houston, TX 77060
HARRIS-TX
Tax ID / EIN: 85-2067864

represented by
William P Haddock

(See above for address)

Leonard H Simon

(See above for address)

Debtor

100 Tennessee Township, Ltd.

340 N. Sam Houston Parkway, Suite 140
Houston, TX 77019
HARRIS-TX
Tax ID / EIN: 87-2008215

represented by
William P Haddock

(See above for address)

Leonard H Simon

(See above for address)

U.S. Trustee

US Trustee

Office of the US Trustee
515 Rusk Ave
Ste 3516
Houston, TX 77002
713-718-4650
represented by
Alicia Lenae Barcomb

DOJ-Ust
515 Rusk Ave.
Suite 3516
Houston, TX 77002
713-718-4661
Email: alicia.barcomb@usdoj.gov

Latest Dockets

Date Filed#Docket Text
04/29/2024309Notice of Appearance and Request for Notice Filed by Scott Thomas Citek Filed by on behalf of Landev Engineers, Inc. (Citek, Scott) (Entered: 04/29/2024)
04/26/2024308BNC Certificate of Mailing. (Related document(s):301 Generic Order) No. of Notices: 17. Notice Date 04/26/2024. (Admin.) (Entered: 04/26/2024)
04/26/2024307BNC Certificate of Mailing. (Related document(s):305 Order Confirming Chapter 11 Plan) No. of Notices: 36. Notice Date 04/26/2024. (Admin.) (Entered: 04/26/2024)
04/24/2024306Debtor-In-Possession Monthly Operating Report for Filing Period ending 3/31/2024, $15 disbursed (Filed By 50 Crosby Pines, Ltd. ). (Haddock, William) (Entered: 04/24/2024)
04/24/2024305Order Confirming Second Amended Combined Disclosure Statement and Plan of Reorganization, Proposed by Debtors-in-Possession. Signed on 4/24/2024 (Related document(s):200 Amended Disclosure Statement, Amended Chapter 11 Plan) (njc7) (Entered: 04/24/2024)
04/24/2024304PDF with attached Audio File. Court Date & Time [ 4/22/2024 3:00:10 PM ]. File Size [ 25510 KB ]. Run Time [ 00:53:09 ]. (Electronic Hearing - Confirmation and Disclosure Hearing-Doc. 200 ; and Doc. 115 , 116 , 117 , 127 , 129 , 141 , 187 , 190 , 194 , 197 , 239 .). (admin). (Entered: 04/24/2024)
04/24/2024303Notice of filing of Redlined Proposed Order Confirming Second Amended Combined Disclosure Statement and Plan of Reorganization. (Related document(s):299 Proposed Order, 302 Proposed Order Submission After Hearing (Greensheet)) Filed by 100 Tennessee Township, Ltd., 133 Lone Wolf, Ltd., 171 Lone Stag, Ltd., 48 Highland Shores, Ltd., 50 Crosby Pines, Ltd., 53 Eagles Cove, Ltd., 80 Crosby Terrace, Ltd. (Haddock, William) (Entered: 04/24/2024)
04/24/2024302Proposed Order Submission After Hearing (Filed By 100 Tennessee Township, Ltd., 133 Lone Wolf, Ltd., 171 Lone Stag, Ltd., 48 Highland Shores, Ltd., 50 Crosby Pines, Ltd., 53 Eagles Cove, Ltd., 80 Crosby Terrace, Ltd. ).(Related document(s): Courtroom Minutes (Text)) (Haddock, William) (Entered: 04/24/2024)
04/24/2024301Stipulation and Agreed Order Resolving Objections to Plan Confirmation. Signed on 4/24/2024 (Related document(s):297 Stipulation) (njc7) (Entered: 04/24/2024)
04/22/2024Courtroom Minutes. Time Hearing Held: 3:00 p.m.. Appearances: William Haddock and Leonard Simon for the Debtor(s); Annmarie Chiarello for KB Home Lone Star, Inc.; Dierdre Brown, Lynda Lankford and Jeff Prostok for Legalist, Inc.; Heather McIntyre for Menyu Wong, Ahoka Reddy et al and Gulf Capital Lending, LLC; Angeline Kell for Space City Finance, LLC; Jeannie Andreson for Harris County, et al; Christian Sternat for Danny and Brenda Moore; Annie Catmull for DFH Coventry, Weekley Homes, et al; David Parham for Zandur Real Estate, Inc.; Catherine Funkhouser for Anglia Homes, L.P.; Carolyn Carollo for Jurni, LP; Tres Gibbs for Brank Holdings, LLC; Connor Smith for Beneficial Trust.

Minutes: Opening statements.

The Court asked if any parties would be prosecuting any motions for relief from stay or motions to dismiss prior to proceeding with confirmation hearing.
Ms. Catmull requested proposed stipulation at Docket #197 be considered by the Court.
Angeline Kell for Space City announced withdrawal of Objection to Confirmation at Docket #276 and withdrawal of Amended 362 at Docket #239, as well as support of plan confirmation.
Ms. McIntyre announced Motions at Docket #115; #116; #117 are to be carried forward pending confirmation.
Ms. Annmarie Chiarello announced withdrawal of Joinder by KB Home at Docket #127.
Mr. David Parham announced Zandur §362 at Docket #129 is to be carried forward pending confirmation.
Ms. McIntyre announced Motions at Docket #141; #187; #190; #194; and #197 are to be carried forward pending confirmation.

Joe Fogarty, Debtor representative, was sworn in and his testimony was proffered by Mr. Haddock. Mr. Fogarty verified the testimony. Cross-examination by Ms. Barcomb, Ms. Chiarello, Ms. Carollo. No re-direct and witness was excused. Mr. Haddock rested. Mr. Jeff Prostok called Chris Wren. Mr. Wren of Legalist Incorporated was sworn in and provided testimony. Cross-examination by Ms. Funkhouser. No redirect and witness was excused. Legalist Exhibits at Docket 286, #1-14 admitted. Debtors Exhibits at 285 1-4 admitted. Debtors 4th plan supplement at Docket #295 also admitted. KB Home Exhibits at Docket 283 #1-7 and 9 admitted.

Closing arguments. Ms. Catmull requested verbal agreement to proposed stipulation at Docket #281.



Plan at Docket #200, along with supplement thereto, confirmed under 1129(a), effective today, thereby rendering all pending motions moot. Debtor is to upload a revised confirmation order to incorporate requested revisions as stated on the record by 12:00 noon on 4/23/2024.

(Related document(s):115 Motion to Dismiss Case, Motion to Convert Case from Chapter 11 to Chapter 7, 116 Motion to Dismiss Case, Motion to Convert Case from Chapter 11 to Chapter 7, 117 Motion to Dismiss Case, Motion to Convert Case from Chapter 11 to Chapter 7, 127 Response, 129 Motion to Dismiss Case, 141 Motion to Dismiss Case, Motion to Convert Case from Chapter 11 to Chapter 7, 187 Motion for Relief From Stay, 190 Motion for Relief From Stay, 194 Amended Motion for Relief From Stay, 197 Motion for Relief From Stay, 200 Amended Disclosure Statement, Amended Chapter 11 Plan, 239 Amended Motion for Relief From Stay, 295 Notice, 297 Stipulation) (njc7) (Entered: 04/22/2024)