Case number: 3:24-bk-10664 - Crimson Holdings, LLC - Wisconsin Western Bankruptcy Court

Case Information
  • Case title

    Crimson Holdings, LLC

  • Court

    Wisconsin Western (wiwbke)

  • Chapter

    11

  • Judge

    Catherine J. Furay

  • Filed

    04/08/2024

  • Last Filing

    05/01/2024

  • Asset

    Yes

  • Vol

    v

Docket Header
PLNDUE, DSCLSDUE, defic, JNTADMN



U.S. Bankruptcy Court
Western District of Wisconsin www.wiwb.uscourts.gov (Madison)
Bankruptcy Petition #: 3-24-10664-cjf

341 Meeting Location: Madison
Assigned to: Chief Judge Catherine J. Furay
Chapter 11
Voluntary
Asset

Associated Case(s):


Date filed:  04/08/2024
341 meeting:  05/01/2024

Debtor

Crimson Holdings, LLC

c/o David Rettig
316 W Washington Avenue, Suite 500A
Madison, WI 53703
DANE-WI
Tax ID / EIN: 87-2523368
dba
Crimson Adrian, LLC (Fict Name)

dba
Crimson Hldg LLC (Fict Name)

dba
Crimson Holdings LLC (Comp Name)


represented by
Kristin J. Sederholm

Krekeler Law, S.C.
26 Schroeder Court, Suite 300
Madison, WI 53711
608-258-8555
Fax : 608-258-8299
Email: ksederho@ks-lawfirm.com

U.S. Trustee

U.S. Trustee's Office

780 Regent Street, Suite 304
Madison, WI 53715
represented by
Brian P. Thill

Office of the United States Trustee
780 Regent Street
Suite 304
Madison, WI 53715
608-264-5522
Fax : 608-264-5182
Email: Brian.P.Thill@usdoj.gov

Latest Dockets

Date Filed#Docket Text
04/24/202443Summary of Assets and Liabilities, Schedule A/B, Schedule D, Schedule E/F, Schedule G, Schedule H, Declaration, Statement of Financial Affairs, Disclosure of Compensation, filed by Kristin J. Sederholm on behalf of Crimson Holdings, LLC. (Sederholm, Kristin) (Entered: 04/24/2024)
04/17/202442BNC Certificate of Mailing - Meeting of Creditors (Related Doc # (Related Doc # 41)). No. of Notices: 78. Notice Date 04/17/2024. (Admin.) (Entered: 04/17/2024)
04/15/202441341(a) meeting scheduled for 5/1/2024 at 09:00 AM at 341 by Telephone Chapter 11.

Amended Notice of Meeting of Creditors Amended to add telephone (866) 818-1445; passcode: 1578204 to notice. cc: via BNC to all parties (Smith, Ronald) (Entered: 04/15/2024)

04/12/202440BNC Certificate of Mailing - Meeting of Creditors (Related Doc # (Related Doc # 18)). No. of Notices: 79. Notice Date 04/12/2024. (Admin.) (Entered: 04/12/2024)
04/12/202439Order Authorizing Joint Administration (Related Doc # 5) cc: parties in int. Signed on 4/12/2024. (Madison, Emily) (Entered: 04/12/2024)
04/12/202438Order Granting Motion for Expedited Hearing and to Shorten Notice of First Day Motions (Related Doc # 6) cc: parties in int. Signed on 4/12/2024. (Madison, Emily) (Entered: 04/12/2024)
04/12/202437PM/ORDER Hearing Held on Motion by Debtor to Use Cash Collateral and Provide Adequate Protection . OUTCOME: For the reasons stated from the bench, the Motion for use of cash collateral and to provide adequate protection is granted on an interim basis. The amount of adequate protection paid to IsoNova Technologies, LLC (IsoNova) and to Dairy Farmers of America (DFA) shall be modified as stated on the record to be confirmed in amount by Debtors, IsoNova and DFA. Interim use shall also be subject to the submission of a budget containing detail on proposed payments to secured creditors and shall further contain detail related to the proposed payments to utility providers. Further, Attorney Sederholm shall submit a revised interim order. Such order shall also provide an opportunity for the United States Trustee and other parties in interest to review any information necessary to review the Debtors' conclusion regarding the validity, perfection, and priority of the security interest of IsoNova or DFA and, as may be necessary, to raise questions or objections thereto prior to entry of any final order. (Doc # 3 ). (Madison, Emily) (Entered: 04/12/2024)
04/12/202436PM/ORDER Hearing Held on Motion by Debtor for Interim and Final Orders regarding Utility Providers. OUTCOME: For the reasons stated from the bench, Utility providers shall file any objections to the proposed adequate protection regarding utilities on or before April 29, 2024. Debtor shall provide notice of this deadline to all utility providers. The City of Adrian has filed an objection and the pending objection shall serve as an objection and request for hearing.
Pending a final hearing on the City of Adrian objection, the Debtors shall provide a one month security deposit on or before 4/29/24 as interim adequate assurance of payment. Further Debtors shall pay the current bill in full when due.
(Doc # 4) (Madison, Tina) (Entered: 04/12/2024)
04/12/202435PM/ORDER Hearing Held on Motion by Debtor for Joint Administration of Chapter 11 Case. OUTCOME: For the reasons stated from the bench, the motion is granted. Order to be submitted by the Court. (Doc # 5) (Madison, Tina) (Entered: 04/12/2024)
04/12/202434PM/ORDER Hearing Held on Motion by Debtor to Expedite Hearing and to Shorten Notice on First Day Motions. OUTCOME: For the reasons stated from the bench, the motions is granted. Order at docket no. 28 to be signed. (Doc # 6) (Madison, Tina) (Entered: 04/12/2024)