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Certificate of Notice

This document is a court order from the United States Bankruptcy Court for the District of Colorado regarding Cordillera Golf Club LLC's motion to continue using its existing cash management system and waive certain bank account requirements during its Chapter 11 bankruptcy proceedings. The court grants the motion on a final basis with two modifications: 1) Cordillera's bank accounts must be designated as "Debtor-in-Possession" accounts, and 2) Cordillera cannot retain amounts in its Alpine Bank account that exceed FDIC insurance limits and must report any such amounts in its operating reports. The court retains jurisdiction over matters relating to the implementation and interpretation of the order.

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Chapter 11 Dockets
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57 views4 pages

Certificate of Notice

This document is a court order from the United States Bankruptcy Court for the District of Colorado regarding Cordillera Golf Club LLC's motion to continue using its existing cash management system and waive certain bank account requirements during its Chapter 11 bankruptcy proceedings. The court grants the motion on a final basis with two modifications: 1) Cordillera's bank accounts must be designated as "Debtor-in-Possession" accounts, and 2) Cordillera cannot retain amounts in its Alpine Bank account that exceed FDIC insurance limits and must report any such amounts in its operating reports. The court retains jurisdiction over matters relating to the implementation and interpretation of the order.

Uploaded by

Chapter 11 Dockets
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Case:12-24882-ABC Doc#:320 Filed:08/01/12

Entered:08/01/12 23:03:07 Page1 of 4

United States Bankruptcy Court District of Colorado In re: Cordillera Golf Club, LLC Debtor
District/off: 1082-1

Case No. 12-24882-ABC Chapter 11

CERTIFICATE OF NOTICE
Page 1 of 2 Total Noticed: 2 Date Rcvd: Jul 30, 2012

User: johnsons Form ID: pdf904

Notice by first class mail was sent to the following persons/entities by the Bankruptcy Noticing Center on Aug 01, 2012. db +Cordillera Golf Club, LLC, 97 Main Street, Suite E202, Edwards, CO 81632-8152 aty +Christopher Celentino, 402 W. Broadway, Ste. 2100, San Diego, CA 92101-8510 Notice by electronic transmission was sent to the following persons/entities by the Bankruptcy Noticing Center. NONE. TOTAL: 0 ***** BYPASSED RECIPIENTS ***** NONE. Addresses marked + were corrected by inserting the ZIP or replacing an incorrect ZIP. USPS regulations require that automation-compatible mail display the correct ZIP. TOTAL: 0

I, Joseph Speetjens, declare under the penalty of perjury that I have sent the attached document to the above listed entities in the manner shown, and prepared the Certificate of Notice and that it is true and correct to the best of my information and belief. Meeting of Creditor Notices only (Official Form 9): Pursuant to Fed. R. Bank. P. 2002(a)(1), a notice containing the complete Social Security Number (SSN) of the debtor(s) was furnished to all parties listed. This official court copy contains the redacted SSN as required by the bankruptcy rules and the Judiciarys privacy policies.

Date: Aug 01, 2012

Signature:

Case:12-24882-ABC Doc#:320 Filed:08/01/12

Entered:08/01/12 23:03:07 Page2 of 4

District/off: 1082-1

User: johnsons Form ID: pdf904

Page 2 of 2 Total Noticed: 2

Date Rcvd: Jul 30, 2012

The following persons/entities were sent notice through the courts CM/ECF electronic mail (Email) system on July 30, 2012 at the address(es) listed below: Ann Marie Uetz on behalf of Debtor Cordillera Golf Club, LLC [email protected], [email protected];[email protected] Brad Breslau on behalf of Creditor Cordillera Transition Corporation, Inc. [email protected], [email protected];[email protected] Carl A. Eklund on behalf of Creditor Alpine Bank [email protected], [email protected] Clarissa M. Raney on behalf of Creditor Committee Ceres Design & Arborscape, LLC [email protected], [email protected] David Wadsworth on behalf of Debtor Cordillera Golf Club, LLC [email protected], [email protected] Garry R. Appel on behalf of Creditor Charles Jackson [email protected], [email protected] Harvey Sender on behalf of Debtor Cordillera Golf Club, LLC [email protected] James T. Markus on behalf of Creditor Cordillera Valley Club Metropolitan District [email protected], [email protected];[email protected] Jay H. Ong on behalf of Creditor Committee Official Committee of Unsecured Creditors [email protected], [email protected] John F. Young on behalf of Creditor Cordillera Valley Club Metropolitan District [email protected], [email protected];[email protected] Mark L. Fulford on behalf of Creditor Cordillera Metropolitan [email protected], [email protected] Paul Moss on behalf of U.S. Trustee US Trustee [email protected] Peter A. Cal on behalf of Creditor Cordillera Metropolitan [email protected], [email protected];[email protected] Risa Lynn Wolf-Smith on behalf of Cred. Comm. Chair Dennis Meir [email protected], [email protected];[email protected] Rust Consulting/Omni Bankruptcy (ecl) [email protected] Shaun A. Christensen on behalf of Creditor Charles Jackson [email protected], [email protected] US Trustee [email protected] TOTAL: 17

Case:12-24882-ABC Doc#:320 Filed:08/01/12

Entered:08/01/12 23:03:07 Page3 of 4

UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF COLORADO

Inre: CORDILLERA GOLF CLUB dba The Club at Cordillera Debtor.

) )
) ) )

Case No. 12-24882 ABC Chapter ll

ORDER (I) APPROVING CONTINUED USE OF CASH MANAGEMENT SYSTEM, (II) AUTHORIZING WAIVER OF CERTAIN BANK ACCOUNT AND RELATED REQUIREMENTS OF THE OFFICE OF THE UNITED STATES TRUSTEE

Upon the above-captioned Motion (the "Motion111 ) of the debtor and debtor in possession in the above-captioned case (the "Debtor"); and upon consideration of the Motion and all pleadings related thereto, including the First Day Declaration; and due and proper notice of this Motion having been given; and it appearing that no other or further notice is required; and it appearing that the Cou1t has jurisdiction to consider the Motion in accordance with 28 U.S.C. 157 and 1334; and it appearing that this is a core proceeding pursuant to 28 U.S.C. 157(b)(2); and it appearing that venue of this proceeding and this Motion is proper pursuant to 28 U.S. C. 1408 and 1409; and it appearing that the relief requested is in the best interest of the Debtor, its estate, and creditors and after due deliberation, and sufficient cause appearing therefor, IT IS HEREBY ORDERED THAT: 1. The Interim Order on the Motion entered on June 27, 2012 at Docket Entry No. 42 is hereby approved on a final basis with the following modifications: (a) The Debtor's U.S. Bank accounts will each be designated as a 11 Debtorin-Possession" accounts.
(b) The Debtor shall not retain any amounts in Alpine Bank at anytime that would exceed the amounts of the FDIC insurance regulations and will reflect same on all operating reports.

All capitalized tenns used and not defined herein shall have the meanings ascribed to them in the Motion.

4812-4202-4464.1

Case:12-24882-ABC Doc#:320 Filed:08/01/12

Entered:08/01/12 23:03:07 Page4 of 4

2. This Court shall retain jurisdiction with respect to all matters arising from or related to the implementation and/or interpretation of this Order. DATED this .;z_d+t-- day of

.::f'Lt--f'-l I

2012.
BY THE COURT:

4812-4202-4464.1

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