U.S. Bankruptcy Court
Eastern District of New York (Brooklyn)
Bankruptcy Petition #: 1-18-45280-nhl
Assigned to: Nancy Hershey Lord
Chapter 11
Voluntary
Asset

Date filed:  09/16/2018
Debtor
Blue Gold Equities LLC
5 Doughty Blvd.
Inwood, NY 11096
QUEENS-NY
Tax ID / EIN: 27-3127766
dba Seasons

represented byNathan Schwed
Zeichner Ellman & Krause LLP
1211 Avenue of the Americas
New York, NY 10036
(212) 826-5317
Fax : (212) 753-0396
Email: nschwed@zeklaw.com

U.S. Trustee
Office of the United States Trustee
Eastern District of NY (Brooklyn Office)
U.S. Federal Office Building
201 Varick Street, Suite 1006
New York, NY 10014
(212) 510-0500 

Click here for "First-Day Affidavit" that was filed yesterday.  (Pages 4-9 contain the factual background.)

Chapter 11 provides protection against creditors. It allows the business to reorganize and negotiate to creditors. The business remains open during the process. If Seasons can reach a settlement or secure funding, they can come through the bankruptcy intact and continue to operate. BJL wishes Seasons hatzlacha in the future so our community can continue to enjoy their wonderful service and products.

Latest Dockets

Date Filed#Docket Text09/16/201812Motion for Sale of Property under Sec. 363(b) /pursuant to 105, 363, 365 and 503 of Title 11 of the United States Code and rules 2002, 6004, and 6006 of the Federal Rules of Bankruptcy Procedure and local rules 6004-1, 6006-1 and 9006-1 for the sale of substantially all of the Debtors assets free and clear of all liens, claims and encumbrances, to the Purchaser for a purchase price of approximately $12 million. The Sale Transaction is subject to higher and better offers pursuant to the Bidding Procedures Filed by Nathan Schwed on behalf of Blue Gold Equities LLC. (Attachments: # 1 Exh. A Proposed order, bidding procedures and Sale Notice # 2 Exh. B proposed order authorizing and approving sale # 3 Exh. C Asset purchase agreement # 4 Exh. D proposed notice of hearing) (Schwed, Nathan) (Entered: 09/16/2018)09/16/201811Motion to Authorize/Direct debtors to maintain and file a consolidated creditor matrix and mailing matrix and authorizing the filing of a consolidated list of the top 30 unsecured creditors; and authorizing debtors to continue use of their prepetition forms and extending the deadline for debtors filing of the statements and schedules through sixty days from the petition date Filed by Nathan Schwed on behalf of Blue Gold Equities LLC. (Schwed, Nathan) (Entered: 09/16/2018)09/16/201810Emergency Motion to Use Cash Collateral and motion pursuant to 11U.S.C. 105, 361, 362 363 and 364 for interim and final orders authorizing debtors to obtain post petition financing and to grant superpriority lians and claims and modifying the stay and scheduling a final hearing pursuant to Bankruptcy Rule 4001(B) and (C) and granting related relief Filed by Nathan Schwed on behalf of Blue Gold Equities LLC. (Attachments: # 1 Exh. A DIP Loan and Security Agreement) (Schwed, Nathan) (Entered: 09/16/2018)09/16/20189Motion to Prohibit/Enjoin/Restrain (i) all utility providers from altering, refusing, or discontinuing services to the debtors; (ii) directing all utility providers to provide continued and uninterrupted utility service to the debtors; (iii) approving the debtors' proposed adequate assurance of future payment in accordance with section 366(c) of the Bankruptcy Code; and (iv) granting related relief Filed by Nathan Schwed on behalf of Blue Gold Equities LLC. (Schwed, Nathan) (Entered: 09/16/2018)09/16/20188Motion to Authorize/Direct debtors authority to pay pre-petition sales tax and PACA vender claims Filed by Nathan Schwed on behalf of Blue Gold Equities LLC. (Schwed, Nathan) (Entered: 09/16/2018)09/16/20187Motion to Authorize/Direct the debtors to pay certain prepetition wages and compensation and maintain and continue employee benefit programs in the ordinary course and authorizing banks to honor and process checks and transfers related to such employee obligations Filed by Nathan Schwed on behalf of Blue Gold Equities LLC. (Schwed, Nathan) (Entered: 09/16/2018)09/16/20186Motion to Authorize/Direct debtors to maintain current cash management system and existing bank accounts for the pendency of the cases Filed by Nathan Schwed on behalf of Blue Gold Equities LLC. (Schwed, Nathan) (Entered: 09/16/2018)09/16/20185Application to Employ Omni Management Group, Inc. as claims and Noticing agent for the debtors with proposed order and retainer agreement Filed by Nathan Schwed on behalf of Blue Gold Equities LLC. (Schwed, Nathan) (Entered: 09/16/2018)09/16/20184Affidavit Re: /Declaration of Joel Getzler pursuant to Local Bankruptcy Rule 1007-4 and in support of Chapter 11 petitions and first day motions Filed by Nathan Schwed on behalf of Blue Gold Equities LLC (Schwed, Nathan) (Entered: 09/16/2018)09/16/20183Motion for Joint Administration of Case 18-45290 with Case(s) 18-45281, 18-45282, 18-45283, 18-45284, 18-45285, 18-45286, 18-45287, 18-45288, 18-45289, 18-45290 and 18-45291 with proposed order Filed by Nathan Schwed on behalf of Blue Gold Equities LLC. (Schwed, Nathan) (Entered: 09/16/2018)………