Hearing Held on Claims Resolution Methodology
On January 24, 2018, the Bankruptcy Court conducted a hearing on the proper methodology for calculating claims in the various Siskey-related bankruptcy cases. The Bankruptcy Court expressly reserved making a final ruling as to any particular claim until after the upcoming hearing to consider evidence on specific claims, which hearing is scheduled for February 5, 2018 at 9:30 am in Bankruptcy Courtroom 1-4 at 401 W. Trade Street, Charlotte, North Carolina.
Notwithstanding, the Bankruptcy Court expressed approval of the Trustee’s proposed net investment method for calculating claims in the TSI Holdings, LLC, WSC Holdings, LLC, and SouthPark Partners, LLC bankruptcy cases. The Bankruptcy Court took under advisement the arguments made with respect to the treatment of claims in the Sharon Road Properties, LLC case.