Stone Street Partners, LLC f/k/a Siskey Capital, LLC (“Stone Street”) recently filed various pleadings with the Bankruptcy Court objecting to the Trustee’s motions set for hearing on June 25, 2018.
First, Stone Street submitted a limited objection to the Trustee’s application to approve compensation to his attorneys.
Stone Street also filed a brief opposing the Trustee’s efforts to make an interim distribution to investor-victims and to convert the Ponzi Debtors’ bankruptcy estates from chapter 7 to chapter 11.
Stone Street further filed a brief opposing the Trustee’s efforts to estimate Stone Street’s claim in order to enable the Trustee to make an interim distribution to investor-victims.
Finally, Stone Street filed a response to the Trustee’s motion to compel Stone Street to produce documents to the Trustee.
TAKE NOTICE that on Wednesday, June 20, 2018, at 2:00 P.M. in the U.S. Bankruptcy Administrators Office, Suite 205, 402 West Trade Street, Charlotte, North Carolina 28202, the Trustee will conduct a meeting of all interested investors for the purpose of answering questions about the settlement reached by the Trustee with Diane Siskey and Lane Williamson, as the administrator of Rick Siskey’s decedent’s estate. You are encouraged to attend this meeting.
A hearing on the Trustee’s motion to compel (linked below) is scheduled for 2:00 p.m. on June 25, 2018.
Joseph W. Grier, III, Trustee, has filed applications for interim compensation for the period of March 1, 2018 through May 31, 2018 to Grier Furr & Crisp, PA, attorneys to the Trustee (“Grier”) and Middleswarth Bowers & Company, accountants to the Trustee (“Bowers”), linked below.
The Trustee seeks approval of interim compensation to Grier in the amounts of $157,420.50 in fees and $1,686.38 in expenses.
The Trustee seeks approval of interim compensation to Bowers in the amounts of $18,949.25 in fees and $80.10 in expenses.
If you do not want the Court to approve one or both of these applications, or if you want the Court to consider your views, then on or before June 18, 2018, you or your attorney must do the following: (1) file a written response explaining your position with the Court; (2) mail, fax, or email a copy of your response to the Trustee; and (3) attend a hearing on your response at 2:00 p.m. on June 25, 2018 in Bankruptcy Courtroom 1-4 in the U.S. Courthouse, 401 West Trade Street, Charlotte, North Carolina.
If you or your attorney do not take these steps, the Court may decide that you do not oppose the relief the Trustee requests and may enter an order approving the applications for compensation.
TAKE NOTICE that on Monday, June 25, 2018, at 2:00 P.M. in Bankruptcy Courtroom 1-4 in the United States Courthouse, 401 West Trade Street, Charlotte, North Carolina, the Court will conduct a hearing on the Trustee’s Motion for Order Estimating Claims of Stone Street Partners, LLC, Paul Porter, and Dawn King for Purposes of Interim Distribution (the “Motion”). The Motion seeks entry of an Order estimating the allowed amount of the Stone Street Claims for the purpose of establishing a distribution reserve in connection with the Trustee’s proposed $14,500,000.00 interim distribution.