{"id":"court_ctb_2059_0","court":"CTB","case_no":"22-50073","doc_number":2059,"sub_number":0,"doc_type":"PETITION","filed_date":"2023-08-07","title":"|","summary_zh":null,"summary_en":null,"body_en":"| | UNITED STATES BANKRUPTCY COURT | |\n|-------------------------------------------------------------------------------------------------------------------------|--------------------------------|----------------------------------------------|\n| | DISTRICT OF
Connecticut | |\n| | Bridgeport Division | |\n| In Re. Genever Holdings LLC | §
§
§ | Case No. 22-50592
Lead Case No. 22-50073 |\n| Debtor(s) | § | Jointly Administered |\n| Monthly Operating Report | | Chapter 11 |\n| Reporting Period Ended: 05/31/2023 | | Petition Date: 10/12/2020 |\n| Months Pending: 32 | | Industry Classification:
5
3
1
3 |\n| Reporting Method: | Accrual Basis | Cash Basis |\n| Debtor's Full-Time Employees (current): | | 0 |\n| Debtor's Full-Time Employees (as of date of order for relief): | | 0 |\n| | | |\n| Supporting Documentation
(check all that are attached): | | |\n| (For jointly administered debtors, any required schedules must be provided on a non-consolidated basis for each debtor) | | |\n\n| Statement of cash receipts and disbursements |\n|--------------------------------------------------------------------------------------------------------------|\n| Balance sheet containing the summary and detail of the assets, liabilities and equity (net worth) or deficit |\n| Statement of operations (profit or loss statement) |\n| Accounts receivable aging |\n| Postpetition liabilities aging |\n| Statement of capital assets |\n| Schedule of payments to professionals |\n| Schedule of payments to insiders |\n| All bank statements and bank reconciliations for the reporting period |\n| Description of the assets sold or transferred and the terms of the sale or transfer |\n\n/s/ Luc A. Despins\n\n08/07/2023\n\nDate\n\nSignature of Responsible Party Printed Name of Responsible Party Luc A. Despins, as holder of proxy from Genever Holding\n\n> Address Paul Hastings, 200 Park Ave., New York, NY 10166\n\nSTATEMENT: This Periodic Report is associated with an open bankruptcy case; therefore, Paperwork Reduction Act exemption 5 C.F.R. § 1320.4(a)(2) applies.\n\n## Case 22-50073 Doc 2059 Filed 08/07/23 Entered 08/07/23 13:07:19 Page 2 of 17\n\nDebtor's Name Genever Holdings LLC Case No. 22-50592\n\n| a.
Cash balance beginning of month
\\$62,907
b.
Total receipts (net of transfers between accounts)
\\$0
c.
Total disbursements (net of transfers between accounts)
\\$22,509
d.
Cash balance end of month (a+b-c)
\\$40,398
e.
Disbursements made by third party for the benefit of the estate
\\$13,035
f.
Total disbursements for quarterly fee calculation (c+e)
\\$35,544
Part 2: Asset and Liability Status
Current Month
(Not generally applicable to Individual Debtors. See Instructions.)
a.
Accounts receivable (total net of allowance)
\\$0
b.
Accounts receivable over 90 days outstanding (net of allowance)
\\$0
c.
Inventory
(Book
Market
Other
(attach explanation))
\\$0
d
Total current assets
\\$1,132,045
Total assets
e.
\\$71,132,045
f.
Postpetition payables (excluding taxes)
\\$0
g.
Postpetition payables past due (excluding taxes)
\\$0
h.
Postpetition taxes payable
\\$0
i.
Postpetition taxes past due
\\$0
j.
Total postpetition debt (f+h)
\\$0
Prepetition secured debt
k.
\\$775,678
l.
Prepetition priority debt
\\$0
m.
Prepetition unsecured debt
\\$195,300,000
n.
Total liabilities (debt) (j+k+l+m)
\\$196,075,678
o.
Ending equity/net worth (e-n)
\\$-124,943,633
Part 3: Assets Sold or Transferred
Current Month
Cumulative
Total cash sales price for assets sold/transferred outside the ordinary
a.
\\$0
course of business
Total payments to third parties incident to assets being sold/transferred
b.
\\$0
outside the ordinary course of business
Net cash proceeds from assets sold/transferred outside the ordinary
c.
\\$0
course of business (a-b)
Part 4: Income Statement (Statement of Operations)
Current Month
Cumulative
(Not generally applicable to Individual Debtors. See Instructions.)
a.
Gross income/sales (net of returns and allowances)
\\$0
b.
Cost of goods sold (inclusive of depreciation, if applicable)
\\$0
c.
Gross profit (a-b)
\\$0
d.
Selling expenses
\\$0
e.
General and administrative expenses
\\$0
f.
Other expenses
\\$0
g.
Depreciation and/or amortization (not included in 4b)
\\$0
h.
Interest
\\$0
i.
Taxes (local, state, and federal)
\\$0
j.
Reorganization items
\\$0
k.
Profit (loss)
\\$0 | Part 1: Cash Receipts and Disbursements | Current Month | Cumulative |\n|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------|---------------|-------------|\n| \\$0
\\$22,509
\\$0
\\$0 | | | |\n| | | | |\n| | | | |\n| | | | |\n| | | | \\$2,441,656 |\n| | | | \\$2,464,165 |\n| | | | |\n| | | | |\n| | | | |\n| | | | |\n| | | | |\n| | | | |\n| | | | |\n| | | | |\n| | | | |\n| | | | |\n| | | | |\n| | | | |\n| | | | |\n| | | | |\n| | | | |\n| | | | |\n| | | | |\n| | | | |\n| | | | |\n| | | | |\n| | | | |\n| | | | \\$0 |\n| | | | \\$0 |\n| | | | |\n| | | | |\n| | | | |\n| | | | |\n| | | | |\n| | | | |\n| | | | |\n| | | | |\n| | | | |\n| | | | |\n| | | | |\n| | | | |\n| | | | |\n\nUST Form 11-MOR (12/01/2021) 2\n\n### Case 22-50073 Doc 2059 Filed 08/07/23 Entered 08/07/23 13:07:19 Page 3 of 17\n\nDebtor's Name Genever Holdings LLC Case No. 22-50592\n\n| Approved
Approved
Paid Current
Paid
Current Month
Cumulative
Month
Cumulative
\\$0
\\$0
\\$0
Debtor's professional fees & expenses (bankruptcy) Aggregate Total
Itemized Breakdown by Firm
Firm Name
Role
i
\\$0
\\$0
\\$0
ii
iii
iv
v
vi
vii
viii
ix
x
xi
xii
xiii
xiv
xv
xvi
xvii
xviii
xix
xx
xxi
xxii
xxiii
xxiv
xxv
xxvi
xxvii
xxviii
xxix
xxx
xxxi
xxxii
xxxiii
xxxiv
xxxv
xxxvi | | Part 5: Professional Fees and Expenses | | | | | | |\n|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----|----------------------------------------|--|--|--|--|--|--|\n| | | | | | | | | |\n| | a. | | | | | | | |\n| | | | | | | | | |\n| | | | | | | | | |\n| | | | | | | | | |\n| | | | | | | | | |\n| | | | | | | | | |\n| | | | | | | | | |\n| | | | | | | | | |\n| | | | | | | | | |\n| | | | | | | | | |\n| | | | | | | | | |\n| | | | | | | | | |\n| | | | | | | | | |\n| | | | | | | | | |\n| | | | | | | | | |\n| | | | | | | | | |\n| | | | | | | | | |\n| | | | | | | | | |\n| | | | | | | | | |\n| | | | | | | | | |\n| | | | | | | | | |\n| | | | | | | | | |\n| | | | | | | | | |\n| | | | | | | | | |\n| | | | | | | | | |\n| | | | | | | | | |\n| | | | | | | | | |\n| | | | | | | | | |\n| | | | | | | | | |\n| | | | | | | | | |\n| | | | | | | | | |\n| | | | | | | | | |\n| | | | | | | | | |\n| | | | | | | | | |\n| | | | | | | | | |\n| | | | | | | | | |\n| | | | | | | | | |\n| | | | | | | | | |\n| | | | | | | | | |\n\nUST Form 11-MOR (12/01/2021) 3\n\n| | xxxvii | | | |\n|---|--------|--|--|--|\n| | xxxvii | | | |\n| | xxxix | | | |\n| | xl | | | |\n| | xli | | | |\n| | xlii | | | |\n| | xliii | | | |\n| | xliv | | | |\n| | xlv | | | |\n| | xlvi | | | |\n| | xlvii | | | |\n| | xlviii | | | |\n| | xlix | | | |\n| l | | | | |\n| | li | | | |\n| | lii | | | |\n| | liii | | | |\n| | liv | | | |\n| | lv | | | |\n| | lvi | | | |\n| | lvii | | | |\n| | lviii | | | |\n| | lix | | | |\n| | lx | | | |\n| | lxi | | | |\n| | lxii | | | |\n| | lxiii | | | |\n| | lxiv | | | |\n| | lxv | | | |\n| | lxvi | | | |\n| | lxvii | | | |\n| | lxviii | | | |\n| | lxix | | | |\n| | | | | |\n| | lxx | | | |\n| | lxxi | | | |\n| | lxxii | | | |\n| | lxxiii | | | |\n| | lxxiv | | | |\n| | lxxv | | | |\n| | lxxvi | | | |\n| | lxxvii | | | |\n| | lxxvii | | | |\n\n| | lxxix | | | | | | |\n|----|-------------|-----------------------------------------------------------------------|------|---------------|------------|--------------|------------|\n| | lxxx | | | | | | |\n| | lxxxi | | | | | | |\n| | lxxxii | | | | | | |\n| | lxxxii | | | | | | |\n| | lxxxiv | | | | | | |\n| | lxxxv | | | | | | |\n| | lxxxvi | | | | | | |\n| | lxxxvi | | | | | | |\n| | lxxxvi | | | | | | |\n| | lxxxix | | | | | | |\n| | xc | | | | | | |\n| | xci | | | | | | |\n| | xcii | | | | | | |\n| | xciii | | | | | | |\n| | xciv | | | | | | |\n| | xcv | | | | | | |\n| | xcvi | | | | | | |\n| | xcvii | | | | | | |\n| | xcviii | | | | | | |\n| | xcix | | | | | | |\n| | c | | | | | | |\n| | ci | | | | | | |\n| | | | | Approved | Approved | Paid Current | Paid |\n| | | | | Current Month | Cumulative | Month | Cumulative |\n| b. | | Debtor's professional fees & expenses (nonbankruptcy) Aggregate Total | | | | | |\n| | | Itemized Breakdown by Firm | | | | | |\n| | | Firm Name | Role | | | | |\n| | i | | | | | | |\n| | ii | | | | | | |\n| | iii | | | | | | |\n| | iv | | | | | | |\n| | v | | | | | | |\n| | vi | | | | | | |\n| | vii | | | | | | |\n| | viii | | | | | | |\n| | ix | | | | | | |\n| | x | | | | | | |\n| | xi | | | | | | |\n| | xii | | | | | | |\n| | | | | | | | |\n| | xiii
xiv | | | | | | |\n\nUST Form 11-MOR (12/01/2021) 5\n\n| xv | | | |\n|--------|--|--|--|\n| xvi | | | |\n| xvii | | | |\n| xviii | | | |\n| xix | | | |\n| xx | | | |\n| xxi | | | |\n| xxii | | | |\n| xxiii | | | |\n| xxiv | | | |\n| xxv | | | |\n| xxvi | | | |\n| xxvii | | | |\n| xxviii | | | |\n| xxix | | | |\n| xxx | | | |\n| xxxi | | | |\n| xxxii | | | |\n| xxxiii | | | |\n| xxxiv | | | |\n| xxxv | | | |\n| xxxvi | | | |\n| xxxvii | | | |\n| xxxvii | | | |\n| xxxix | | | |\n| xl | | | |\n| xli | | | |\n| xlii | | | |\n| xliii | | | |\n| xliv | | | |\n| xlv | | | |\n| xlvi | | | |\n| xlvii | | | |\n| xlviii | | | |\n| xlix | | | |\n| l | | | |\n| li | | | |\n| lii | | | |\n| liii | | | |\n| liv | | | |\n| lv | | | |\n| lvi | | | |\n\n| lvii | | | |\n|--------|--|--|--|\n| lviii | | | |\n| lix | | | |\n| lx | | | |\n| lxi | | | |\n| lxii | | | |\n| lxiii | | | |\n| lxiv | | | |\n| lxv | | | |\n| lxvi | | | |\n| lxvii | | | |\n| lxviii | | | |\n| lxix | | | |\n| lxx | | | |\n| lxxi | | | |\n| lxxii | | | |\n| lxxiii | | | |\n| lxxiv | | | |\n| lxxv | | | |\n| lxxvi | | | |\n| lxxvii | | | |\n| lxxvii | | | |\n| lxxix | | | |\n| lxxx | | | |\n| lxxxi | | | |\n| lxxxii | | | |\n| lxxxii | | | |\n| lxxxiv | | | |\n| lxxxv | | | |\n| lxxxvi | | | |\n| lxxxvi | | | |\n| lxxxvi | | | |\n| lxxxix | | | |\n| xc | | | |\n| xci | | | |\n| xcii | | | |\n| xciii | | | |\n| xciv | | | |\n| xcv | | | |\n| xcvi | | | |\n| xcvii | | | |\n| xcviii | | | |\n\n## Case 22-50073 Doc 2059 Filed 08/07/23 Entered 08/07/23 13:07:19 Page 8 of 17\n\n| | xcix | | | | |\n|----------------------------------------------------------------|------|--|--|--|--|\n| | c | | | | |\n| c.
All professional fees and expenses (debtor & committees) | | | | | |\n\n| | Part 6: Postpetition Taxes | | | Current Month | Cumulative |\n|----|----------------------------------------------------------------------------------------------------------------------|------------------------------------------------------------------------|-----|---------------|---------------------------|\n| a. | Postpetition income taxes accrued (local, state, and federal) | | | \\$0 | \\$0 |\n| b. | Postpetition income taxes paid (local, state, and federal) | | | \\$0 | \\$0 |\n| c. | Postpetition employer payroll taxes accrued | | | \\$0 | \\$0 |\n| d. | Postpetition employer payroll taxes paid | | | \\$0 | \\$0 |\n| e. | Postpetition property taxes paid | | | \\$0 | \\$0 |\n| f. | Postpetition other taxes accrued (local, state, and federal) | | | \\$0 | \\$0 |\n| g. | Postpetition other taxes paid (local, state, and federal) | | | \\$0 | \\$0 |\n| | Part 7: Questionnaire - During this reporting period: | | | | |\n| a. | | Were any payments made on prepetition debt? (if yes, see Instructions) | Yes | No | |\n| b. | Were any payments made outside the ordinary course of business
without court approval? (if yes, see Instructions) | | Yes | No | |\n| c. | Were any payments made to or on behalf of insiders? | | Yes | No | |\n| d. | Are you current on postpetition tax return filings? | | Yes | No | |\n| e. | Are you current on postpetition estimated tax payments? | | Yes | No | |\n| f. | Were all trust fund taxes remitted on a current basis? | | Yes | No | |\n| g. | Was there any postpetition borrowing, other than trade credit?
(if yes, see Instructions) | | Yes | No | |\n| h. | the court? | Were all payments made to or on behalf of professionals approved by | Yes | No
N/A | |\n| i. | Do you have: | Worker's compensation insurance? | Yes | No | |\n| | | If yes, are your premiums current? | Yes | No
N/A | (if no, see Instructions) |\n| | | Casualty/property insurance? | Yes | No | |\n| | | If yes, are your premiums current? | Yes | No
N/A | (if no, see Instructions) |\n| | | General liability insurance? | Yes | No | |\n| | | If yes, are your premiums current? | Yes | No
N/A | (if no, see Instructions) |\n| j. | Has a plan of reorganization been filed with the court? | | Yes | No | |\n| k. | Has a disclosure statement been filed with the court? | | Yes | No | |\n| l. | Are you current with quarterly U.S. Trustee fees as
set forth under 28 U.S.C. § 1930? | | Yes | No | |\n\n| | Part 8: Individual Chapter 11 Debtors (Only) | |\n|----|------------------------------------------------------------------------------------------------|------------------|\n| a. | Gross income (receipts) from salary and wages | \\$0 |\n| b. | Gross income (receipts) from self-employment | \\$0 |\n| c. | Gross income from all other sources | \\$0 |\n| d. | Total income in the reporting period (a+b+c) | \\$0 |\n| e. | Payroll deductions | \\$0 |\n| f. | Self-employment related expenses | \\$0 |\n| g. | Living expenses | \\$0 |\n| h. | All other expenses | \\$0 |\n| i. | Total expenses in the reporting period (e+f+g+h) | \\$0 |\n| j. | Difference between total income and total expenses (d-i) | \\$0 |\n| k. | List the total amount of all postpetition debts that are past due | \\$0 |\n| l. | Are you required to pay any Domestic Support Obligations as defined by 11
U.S.C § 101(14A)? | Yes
No |\n| m. | If yes, have you made all Domestic Support Obligation payments? | Yes
No
N/A |\n\n### **Privacy Act Statement**\n\n28 U.S.C. § 589b authorizes the collection of this information, and provision of this information is mandatory under 11 U.S.C. §§ 704, 1106, and 1107. The United States Trustee will use this information to calculate statutory fee assessments under 28 U.S.C. § 1930(a)(6). The United States Trustee will also use this information to evaluate a chapter 11 debtor's progress through the bankruptcy system, including the likelihood of a plan of reorganization being confirmed and whether the case is being prosecuted in good faith. This information may be disclosed to a bankruptcy trustee or examiner when the information is needed to perform the trustee's or examiner's duties or to the appropriate federal, state, local, regulatory, tribal, or foreign law enforcement agency when the information indicates a violation or potential violation of law. Other disclosures may be made for routine purposes. For a discussion of the types of routine disclosures that may be made, you may consult the Executive Office for United States Trustee's systems of records notice, UST-001, \"Bankruptcy Case Files and Associated Records.\" *See* 71 Fed. Reg. 59,818 et seq. (Oct. 11, 2006). A copy of the notice may be obtained at the following link: htt www.justice.gov/ust/eo/rules\\_regulations/index.htm. Failure to provide this information could result in the dismissal or conversion of your bankruptcy case or other action by the United States Trustee. 11 U.S.C. § 1112(b)(4)(F).\n\n### **I declare under penalty of perjury that the foregoing Monthly Operating Report and its supporting documentation are true and correct and that I have been authorized to sign this report on behalf of the estate.**\n\n/s/ Luc A. Despins\n\nSignature of Responsible Party\n\nAs holder of proxy from Genever Holdings Corporation\n\nTitle Date\n\nLuc A. Despins\n\nPrinted Name of Responsible Party\n\n08/07/2023\n\n\n\n\n\n\n\n–ø¹ª⁄±´Æ\n\nCase 22-50073 Doc 2059 Filed 08/07/23 Entered 08/07/23 13:07:19 Page 14 of 17\n\n\n\nCase 22-50073 Doc 2059 Filed 08/07/23 Entered 08/07/23 13:07:19 Page 15 of 17\n\n\n\n\n\n| | Commercial Checking | 9910 | (Continued) | |\n|--------------|-------------------------------------------------------------------------------------------------------------------|------------------------|-------------|--|\n| AFFECTION | September Description of Science of School Services
Control Concession of Children | | | |\n| 5/19 | 20230512B1QGC01R087560
05121604FT01
PAYMENT
QUARTERLY FEE
CCD 041036048462950
GENEVER HOLDINGS LLC | | 1,351.81- | |\n| | | | | |\n| 5/01
5/04 | 62,907.37
ਵ / 13
45.050.37 | 41,750.37
40.398.56 | | |\n\n# Case 22-50073 Doc 2059 Filed 08/07/23 Entered 08/07/23 13:07:19 Page 16 of 17\n\n-\n-\n-\n\n-\n-\n-\n\n-\n-\n-\n-\n-\n\n\n\n| In re: | | Chapter 1 1 | | | |\n|-----------------------|--|------------------------------------------------------------|--|--|--|\n| GENEVER HOLDINGS LLC. | | : Case No. 22-50592 (JAM) | | | |\n| Debtor. | | : Jointly administered under
: Lead Case 22-50073 (JAM) | | | |\n| | | | | | |\n\n-\n-\n-","body_zh":null,"key_entities":["Despins","Paul Hastings"],"ecf_references":[],"word_count":3611,"status":"published","published_at":"2023-08-07 00:00:00","created_at":"2023-08-07","updated_at":"2026-07-07 07:59:24"}