Case number: 2:19-bk-29613 - Greenpoint Tactical Income Fund LLC - Wisconsin Eastern Bankruptcy Court

Case Information
  • Case title

    Greenpoint Tactical Income Fund LLC

  • Court

    Wisconsin Eastern (wiebke)

  • Chapter

    11

  • Judge

    G. Michael Halfenger

  • Filed

    10/04/2019

  • Last Filing

    04/19/2024

  • Asset

    Yes

  • Vol

    v

Docket Header
APPEAL, JNTADMN, NTCAPR, MUA



U.S. Bankruptcy Court
Eastern District of Wisconsin (Milwaukee)
Bankruptcy Petition #: 19-29613-gmh

Assigned to: G. Michael Halfenger
Chapter 11
Voluntary
Asset


Date filed:  10/04/2019
Plan confirmed:  05/18/2022
341 meeting:  11/19/2019
Deadline for filing claims:  02/06/2020

Debtor

Greenpoint Tactical Income Fund LLC

3240 N Summit Ave
Milwaukee, WI 53211-3151
Tax ID / EIN: 46-1968406
dba
Greenpoint

dba
Greenpoint Fund


represented by
Claire Ann Richman

Steinhilber Swanson LLP
122 West Washington Avenue
Suite 850
Madison, WI 53703
608-630-8990
Fax : 608-630-8991
Email: crichman@steinhilberswanson.com

Eliza M. Reyes

Steinhilber Swanson LLP
122 W. Washington Ave.
Suite 850
Madison, WI 53703-2732
608-630-8990
Fax : 608-630-8991
Email: ereyes@steinhilberswanson.com

Michael P Richman

Steinhilber Swanson LLP
122 W. Washington Ave., Suite 850
Madison, WI 53703
608-709-5998
Fax : 608-630-8991
Email: mrichman@steinhilberswanson.com

Robert Romashko

Husch Blackwell LLP
120 South Riverside Plaza
Suite 2200
Chicago, IL 60606
312-662-4665
Fax : 312-655-1501
Email: robert.romashko@huschblackwell.com
TERMINATED: 02/24/2021

U.S. Trustee

Office of the U. S. Trustee

517 East Wisconsin Ave.
Room 430
Milwaukee, WI 53202
414-297-4499
represented by
Laura D. Steele

Office of the U.S. Trustee
517 E. Wisconsin Ave. #430
Milwaukee, WI 53202
414-297-4499
Fax : 414-297-4478
Email: Laura.Steele@usdoj.gov

Latest Dockets

Date Filed#Docket Text
08/07/20221567BNC Certificate of Mailing - PDF Document (RE: 1565 Order on Application for Compensation). Notice Date 08/07/2022. (Admin.) (Entered: 08/07/2022)
08/07/2022BNC Returned Mail for Kenneth Loehrke, 8255 County Road T, P.O. Box 5, Larsen, WI 54947-0005, ( RE: 1550 Order on Application for Compensation). (Admin) (Entered: 08/07/2022)
08/05/20221566Professional Fees Recorded - Husch Blackwell LLP RE: GPRE. (jam, Deputy Clerk) (Entered: 08/05/2022)
08/05/20221565Stipulated Order on Husch Blackwell, LLP's Final Fee Application (Related Doc # 1493) . (jam, Deputy Clerk) (Signed: 08/05/2022) (Entered: 08/05/2022)
08/05/20221564Certificate of Service /DECLARATION OF MAILING CERTIFICATE OF SERVICE filed by Eliza M. Reyes on behalf of Landsman Saldinger Carroll, PLLC. (RE: 1563 Notice of Application). (Reyes, Eliza) (Entered: 08/05/2022)
08/04/20221563Supplemental Notice of Application /NOTICE OF SUPPLEMENT TO THE FIRST AND FINAL FEE APPLICATION OF LANDSMAN SALDINGER CARROLL, PLLC FOR ALLOWANCE AND PAYMENT OF COMPENSATION AND REIMBURSEMENT OF EXPENSES AS SPECIAL COUNSEL TO THE DEBTOR [Doc 1502] filed by Spec. Counsel Landsman Saldinger Carroll, PLLC (RE: 1562 Supplemental Application for Compensation /SUPPLEMENT TO THE FIRST AND FINAL FEE APPLICATION OF LANDSMAN SALDINGER CARROLL, PLLC FOR ALLOWANCE AND PAYMENT OF COMPENSATION AND REIMBURSEMENT OF EXPENSES AS SPECIAL COUNSEL TO THE DEBTOR [Doc). Objections due by 8/25/2022. (Reyes, Eliza) (Entered: 08/04/2022)
08/04/20221562Supplemental Application for Compensation /SUPPLEMENT TO THE FIRST AND FINAL FEE APPLICATION OF LANDSMAN SALDINGER CARROLL, PLLC FOR ALLOWANCE AND PAYMENT OF COMPENSATION AND REIMBURSEMENT OF EXPENSES AS SPECIAL COUNSEL TO THE DEBTOR [Doc 1502] for Landsman Saldinger Carroll, PLLC, Special Counsel, Fee: $8,125.00, Expenses: $0. filed by Attorney Eliza M. Reyes. (Attachments: # 1 Exhibit A) (Reyes, Eliza) (Entered: 08/04/2022)
08/04/20221561Response Filed by Spec. Counsel Husch Blackwell, LLP to ( 1559 Order (Virtual Event)) filed by Daniel J. McGarry on behalf of Husch Blackwell, LLP. (RE: 1559 Order (Virtual Event)). (McGarry, Daniel) (Entered: 08/04/2022)
08/03/20221560BNC Certificate of Mailing - PDF Document (RE: 1557 Order on Stipulation). Notice Date 08/03/2022. (Admin.) (Entered: 08/03/2022)
08/02/20221559
Order:
On June 16, 2022, Husch Blackwell filed a final application for compensation requesting $159,121.50 in fees. The United States trustee and Husch agreed to extend the deadline for the UST to object to the fee app to July 29. On July 29, the
UST
-- not Husch -- filed a proposed order allowing Husch's final fee application in the reduced amount of $53,040. The docket text made by counsel for the UST states that the order is agreed by the parties, and the proposed order itself states that Husch and the UST 'have conferred and stipulate that Husch's final fee application may be approved and allowed in the total reduced amount of $53,040.50, with one half of the amount allocated to GPTIF and one half of the reduced amount allocated to GPRE." There is no stipulation in the record - the only place that this information exists is in the proposed order. This course -- an adverse party filing a proposed order purporting to reduce the relief requested by his adversary without the adversary making any supportive filing -- is peculiar.

While it is tempting to simply trust the word of counsel for the UST, one wonders why a law firm requesting almost $160 thousand in fees can't be bothered to file a stipulation or a partial withdrawal of its fee request, especially if it is agreeing to reduce its request for fees by over $100 thousand.

Accordingly, on or before August 9, 2022, Husch Blackwell, through an authorized officer, partner or agent, must file correspondence that either expressly waives its request for compensation in excess of the amount stated in the UST's proposed order or requests a hearing on its application for compensation. The court will take no action on the UST's proposed order until Husch complies with this order.

s/ G. Michael Halfenger
Chief Bankruptcy Judge

(RE: 1493 Final Application for Compensation for Husch Blackwell, LLP, Special Counsel, Fee: $159121.50, Expenses: $0.00., 1552 Proposed Order). (Halfenger, G.) (Entered: 08/02/2022)