Case number: 2:25-bk-72906 - Princo, LLC - Virginia Eastern Bankruptcy Court

Case Information
  • Case title

    Princo, LLC

  • Court

    Virginia Eastern (vaebke)

  • Chapter

    7

  • Judge

    Frank James Santoro

  • Filed

    12/12/2025

  • Last Filing

    04/14/2026

  • Asset

    Yes

  • Vol

    v

Docket Header
Assets, ProHacVice



U.S. Bankruptcy Court
Eastern District of Virginia (Norfolk)
Bankruptcy Petition #: 25-72906-FJS

Assigned to: Bankruptcy Judge Frank James Santoro
Chapter 7
Voluntary
Asset


Date filed:  12/12/2025
341 meeting:  03/17/2026
Deadline for filing claims:  03/31/2026
Deadline for filing claims (govt.):  06/12/2026

Debtor

Princo, LLC

2601 Reliance Drive, Suite 102
Virginia Beach, VA 23452
NORFOLK (CITY)-VA
Tax ID / EIN: 92-0298701

represented by
Karen M. Crowley

Liberatore DeBoer & Ryan, PC
150 Boush Street
Suite 604
Norfolk, VA 23510
757-333-4502
Email: kcrowley@crowleylawpc.com

John Morgan Ryan, Jr

Liberatore DeBoer & Ryan, PC
150 Boush Street, Ste 604
Norfolk, VA 23510
757-408-2030
Fax : 757-333-4501
Email: jryan@ldrfirm.com

Debtor Designee

Brent Dillie

2601 Reliance Drive, Suite 102
Virginia Beach, VA 23452

 
 
Trustee

Thomas B. Dickenson

Chapter 7 Trustee
533 Newtown Rd, Suite 101
Virginia Beach, VA 23462
757-489-1300
SELF- TERMINATED: 12/14/2025

represented by
Thomas B. Dickenson

Chapter 7 Trustee
533 Newtown Rd, Suite 101
Virginia Beach, VA 23462
757-489-1300
Fax : 757-489-1400
Email: trusteenotice@dickenson.us
SELF- TERMINATED: 12/14/2025

Trustee

David R. Ruby

Thompson McMullan, P.C.
100 Shockoe Slip, Third Floor
Richmond, VA 23219
(804) 698-6220

represented by
David R. Ruby

Thompson McMullan, P.C.
100 Shockoe Slip, Third Floor
Richmond, VA 23219
(804) 698-6220
Fax : (804) 780-1813
Email: druby@t-mlaw.com

U.S. Trustee

Matthew W. Cheney

Office of the U.S. Trustee, Region 4 -N
200 Granby Street, Room 625
Norfolk, VA 23510
757-441-6012
 
 

Latest Dockets

Date Filed#Docket Text
04/14/202651Trustee Report of Sale of Estate Property (Re: related document(s)45 Order on Motion to Approve, 46 Order on Motion to Sell Property Free and Clear of Liens Under Section 363(f)) Filed by David R. Ruby on behalf of David R. Ruby (Ruby, David)
04/08/202650BNC certificate of mailing of order (Re: related document(s)49 Order on Application to Employ) (Admin.) (Entered: 04/09/2026)
04/06/202649Order Authorizing Employment of Accountant (Related Doc # 32) (Lazo, Tatiana)
04/02/202648BNC certificate of mailing of order (Re: related document(s)45 Order on Motion to Approve) (Admin.) (Entered: 04/03/2026)
04/02/202647BNC certificate of mailing of order (Re: related document(s)46 Order on Motion to Sell Property Free and Clear of Liens Under Section 363(f)) (Admin.) (Entered: 04/03/2026)
03/31/202646Order Approving Bidding Procedures, Bid Protections, Auction Sale, Sale of Manufacturing Assets, and Granting Related Relief (Related Doc # 30) (Jessel, Renier)
03/31/202645Order Approving Settlement and Allowance of First Norfolk, L.L.C.'s Claim (Related Doc # 43) (Jessel, Renier)
03/31/202644Expedited Hearing held; Mr. Herron had no objections to either the Motion for Order Approving Sale or the Motion to Settle and Allow First Norfolk, LLC's Claim. The Court will grant both motions, provided the orders for both the motions state that after inquiry in open Court of the relevant parties, the Court finds as a Finding of Fact that adequate notice has been afforded to all creditors and parties on interest in the dispositive paragraph.(related document(s): 30 Trustee's Motion to Sell Property Free and Clear of Liens Under Section 363(f).(TRUSTEES MOTION FOR ORDER APPROVING SALE OF MANUFACTURING ASSETS TO GRIFFIN CARE LLC SUBJECT TO HIGHER AND BETTER OFFERS AND GRANTING RELATED RELIEF AND MEMORANDUM OF POINTS AND AUTHORITIES) filed by David R. Ruby, 43 Trustee's Motion to Approve Compromise under FRBP 9019(TRUSTEES MOTION TO SETTLE AND ALLOW FIRST NORFOLK, L.L.C.S CLAIM)with Notice of Hearing filed by David R. Ruby) Appearances: Stephen B Gerald, David R. Ruby, Nicholas Herron, Shawn Naim of Griffin Care also present in courtroom. Order/Disposition due by 04/14/2026. (JenniferHinkle)
03/25/202643Trustee's Motion to Approve Compromise under FRBP 9019 (TRUSTEES MOTION TO SETTLE AND ALLOW FIRST NORFOLK, L.L.C.S CLAIM) with Notice of Hearing, (Related Document(s)30 Motion to Sell Property Free and Clear of Liens Under Section 363(f) filed by David R. Ruby, 42 Hearing continued) filed by David R. Ruby on behalf of David R. Ruby. Hearing scheduled for 3/31/2026 at 11:00 AM at Judge Santoro's Courtroom, 600 Granby Street, 4th Floor, Courtroom Two, Norfolk, Virginia. (Attachments: # 1 Notice of Motion) (Ruby, David)
03/24/202642Hearing held; bid procedures approved by consent; all other issues regarding the sale motion will be carried over to 03/31/2026 at 11:00 AM in Norfolk; a 9019 motion requesting expedited relief regarding the administrative claim to be filed and set for hearing 03/31/2026 at 11:00 AM in Norfolk; the Court will shorten the notice period on that motion, and the hearing will be held with the continued hearing on the sale motion.(related document(s): 30 TRUSTEE'S MOTION FOR ORDER APPROVING SALE OF MANUFACTURING ASSETS TO GRIFFIN CARE LLC SUBJECT TO HIGHER AND BETTER OFFERS AND GRANTING RELATED RELIEF filed by David R. Ruby) Appearances: Karen M. Crowley, Stephen B Gerald, David R. Ruby, Nicholas Herron. Hearing scheduled for 03/31/2026 at 11:00 AM at Judge Santoro's Courtroom, 600 Granby Street, 4th Floor, Courtroom Two, Norfolk, Virginia. (JenniferHinkle)