Stone Street Partners, LLC Files Various Objections to Motions set for Hearing on June 25, 2018

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.

DE265 – Stone Street Objection to GFC Fee App

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.

DE266 – Stone Street Brief in Opposition to Conversion and Distribution

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.

DE269 – Stone Street Brief in Opposition to Claims Estimation

DE269-1 – Ex1 – Stone Street Brief in Opposition to Claims Estimation

Finally, Stone Street filed a response to the Trustee’s motion to compel Stone Street to produce documents to the Trustee.

DE271 – SS Objection to Motion to Compel

REMINDER: Investor Meeting on Wednesday, June 20, 2018

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.

DE254 – Notice of 6-20-2018 Siskey Investors Meeting

Trustee Files Motion to Compel Stone Street Partners, LLC, Paul Porter, and Dawn King to Produce Documents

A hearing on the Trustee’s motion to compel (linked below) is scheduled for 2:00 p.m. on June 25, 2018.

DE262 – Motion to Compel SS Production

DE262-1 – ExA – Motion to Compel SS Production

DE262-2 – ExB – Motion to Compel SS Production

DE262-3 – ExC – Motion to Compel SS Production

DE262-4 – ExD – Motion to Compel SS Production

DE262-5 – ExE – Motion to Compel SS Production

DE262-6 – ExF – Motion to Compel SS Production

DE262-7 – ExG – Motion to Compel SS Production

DE262-8 – ExH – Motion to Compel SS Production

 

Trustee Files Second Interim Fee Applications for Grier Furr & Crisp, PA and Middleswarth Bowers & Company

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.

DE257 – Second Fee App – Grier Furr Crisp

DE256 – Second Fee App – Middleswarth Bowers

DE259 – AMENDED NoOH – Second Fee Apps

Trustee Seeks to Estimate Claims of Stone Street Parties for Purposes of Interim Distribution

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.

DE261 – Motion to Estimate Stone Street Claims