On June 20, 2008, an involuntary Chapter 11 petition was filed against Digital Gas by a creditor under the United States Bankruptcy Code in the United States Bankruptcy Court for the Eastern District of Michigan, Case Number 08-54958. The company decided not to oppose this petition and thereby agreed to seek the protection of this Court. This step was taken because the Bankruptcy Code represents the only remaining legal process available to reasonably protect the assets and shareholder value of the company and enable it to operate to attempt to recover the shareholder value that has been lost.
digitalgas.com
From Pacer
Name Court Case No. Filed Chapter
1 DIGITAL GAS, INC miebke 08-51221 05/07/2008 11 DIGITAL GAS, INC
2 DIGITAL GAS, INC miebke 08-54958 06/20/2008 7 DIGITAL GAS, INC
3 DIGITAL GAS, INC.miebke 08-52086 05/16/2008 11 DIGITAL GAS, INC.
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U.S. Bankruptcy Court
Eastern District of Michigan (Detroit)
Bankruptcy Petition #: 08-54958-tjt
Assigned to: Judge Thomas J. Tucker
Chapter 7
Previous chapter 11
Involuntary
Asset
Date Filed: 06/20/2008
Date Converted: 11/12/2008
Filing Date # Docket Text
12/20/2008 Trustee's Initial Report & First Meeting Held 12/18/2008 (Lim, K. Jin) (Entered: 12/20/2008)
12/12/2008 100 Order Authorizing Trustee to Employ Counsel (Related Doc # 87 ). (bmcl) (Entered: 12/15/2008)
12/12/2008 99 Concurrence of Office of U.S. Trustee Filed by Trustee K. Jin Lim (RE: related document(s) 87 Application to Employ Rodney M. Glusac/Bernardi, Ronayne & Glusac, P.C. as Attorneys for Trustee ). (Glusac, Rodney) (Entered: 12/12/2008)
11/26/2008 98 Clerk's Notice of Fees Due (bmcl) (Entered: 12/02/2008)
11/26/2008 97 Order Denying Debtor's Motion for Reconsideration (Related Doc # 88 ). (bmcl) (Entered: 11/26/2008)
11/26/2008 96 Order Denying Robert Pasek's Motion for Reconsideration (Related Doc # 92 ). (bmcl) (Entered: 11/26/2008)
11/25/2008 95 Certificate of Service Filed by Petitioning Creditor Robert Pasek (RE: related document(s) 92 Motion for Reconsideration/Rehearing (related documents 82 Order on Motion to Convert Case from Chapter 11 to Chapter 7), 93 Notice and Opportunity for Hearing). (bmcl) (Entered: 11/25/2008)
11/25/2008 94 Brief Filed by Petitioning Creditor Robert Pasek (RE: related document(s) 92 Motion for Reconsideration/Rehearing (related documents 82 Order on Motion to Convert Case from Chapter 11 to Chapter 7)). (bmcl) (Entered: 11/25/2008)
11/25/2008 93 Notice and Opportunity to Respond/Object; Filed by Petitioning Creditor Robert Pasek (RE: related document(s) 92 Motion for Reconsideration/Rehearing). Response due by 12/15/2008. (bmcl) (Entered: 11/25/2008)
11/25/2008 92 Motion for Reconsideration of the Courts Order Dated November 12, 2008 Converting Case to a Case Under Chapter 7 and Directing the Office of the US Trustee to appoint Chapter 7 Trustee Pursuant to L.B.R.9024-1 (related documents 82 Order on Motion to Convert Case from Chapter 11 to Chapter 7) Filed by Petitioning Creditor Robert Pasek (bmcl) (Entered: 11/25/2008)
11/25/2008 91 Order Granting Ex-Parte Motion to File Paper Documents(Related Doc # 89 ). (bmcl) (Entered: 11/25/2008)
11/25/2008 90 Certificate of Service Filed by Petitioning Creditor Robert Pasek (RE: related document(s) 89 Ex-Parte Motion to File Paper Documents). (bmcl) (Entered: 11/25/2008)
11/25/2008 89 Motion to File Paper Documents Filed by Petitioning Creditor Robert Pasek (bmcl) (Entered: 11/25/2008)
11/24/2008 88 Motion For Rehearing of Motion to convert Filed by Alleged Debtor Digital Gas, Inc (Attachments: # 1 Notice of Motion) (Fellrath, Richard) (Entered: 11/24/2008)
11/24/2008 87 Application to Employ Rodney M. Glusac/Bernardi, Ronayne & Glusac, P.C. as Attorneys for Trustee Filed by Trustee K. Jin Lim (Glusac, Rodney) (Entered: 11/24/2008)
11/15/2008 86 BNC Certificate of Mailing - Meeting of Creditors. (RE: related document(s) 85 Meeting of Creditors Chapter 7 Asset Business) No. of Notices: 14. Service Date 11/15/2008. (Admin.) (Entered: 11/16/2008)
11/13/2008 85 Meeting of Creditors 341(a) meeting to be held on 12/18/2008 at 04:30 PM at Room 315, 211 W. Fort St. Bldg., Detroit 341. Proofs of Claims due by 3/18/2009. (bmcl) (Entered: 11/13/2008)
11/13/2008 Corrective Entry DEADLINE RELATING TO FILING A CH 7 MEANS TEST DELETED, FORM NOT REQUIRED (RE: related document(s) 82 Order on Motion to Convert Case from Chapter 11 to Chapter 7) (ggg) (Entered: 11/13/2008)
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