Written by Craig D. Robins, Esq.
New Hyde Park Pet Store Seeks Chapter 11 Bankruptcy Protection
EPets Inc., a large retail pet store, filed for Chapter 11 bankruptcy relief on September 29, 2009 in the Central Islip Bankruptcy Court under case number 8-09-77362. Judge Robert E. Grossman was assigned to the case as bankruptcy judge.
The corporation, which is located in New Hyde Park, is being represented by Long Island bankruptcy attorneys McBreen & Kopko, and its bankruptcy attorney, Kenneth Reynolds, who is located in Jericho, New York. Its president is Timothy Denis. The debtor has 13 employees. The store is located at 1335 Jericho Turnpike in New Hyde Park.
The Debtor’s bankruptcy filing was necessitated by efforts taken be a secured party to. The debtor had previously purchased the assets of another retail pet store, Pets of New Hyde Park, for $1.075,000, and owed this credior approximately $720,000. The creditor is represented by Robert L. Pryor, Esq. of Pryor & Mandelup in Westbury.
The debtor has already negotiated a cash collateral stipulationwith the secured creditor, which was approved by the bankruptcy court, and has also received bankruptcy court permission to pay pre-petition wages.
The debtor filed a bare-bones bankruptcy petition and was required to file all remaining bankruptcy schedules by October 14, 2009, but failed to do so.
The Meeting of creditors will be held on October 30, 2009 at the United States Bankruptcy Court for the Eastern District of New York in Central Islip (Room 563 at 11:00 a.m.). A Status conference has been scheduled before Judge Grossman for November 9, 2009 at 1:30 p.m. in Courtroom 860.
This post is one of a series of posts available on the Long Island Bankruptcy Blog detailing every Chapter 11 bankruptcy case filed in the Central Islip Bankruptcy Court since August 1, 2009. I will typically post a summary of each Chapter 11 case several days or weeks after it is filed as not all info is available immediately upon filing. To see a list of Chapter 11 cases profiled on this blog, click Chapter 11 Filings on Long Island  or type the name of the debtor in the upper right search box.