Draksin Properties, Inc.

New York Northern Bankruptcy Court
Chapter 11
Judge:Wendy A Kinsella
Case #: 5:25-bk-30159
Case Filed:Mar 07, 2025

TypeCorporation
Tax IDsubscribers only
# of Creditors1-49
Est. Assets$100,001 to $500,000
Est. Liabilities $500,001 to $1 million
Nature of Business Other
Nature of Debts Primarily Business
Small BusinessYes

Debtor
Draksin Properties, Inc.
PO Box 142
Frankfort, NY 13340-0142
Represented By
Peter Alan Orville
Orville & Mcdonald Law, PC
contact info
Last checked: never
U.S. Trustee
U.S. Trustee
U.S. Trustee Office 10 Broad Street, Room 105
Utica, NY 13501


Docket last updated: 04/25/2025 6:07 PM EDT
Wednesday, April 23, 2025
47 47 misc Operating Report Wed 04/23 4:37 PM
Monthly Operating Report for Filing Period 3/7/25 - 3/31/25 Filed by Draksin Properties, Inc.. (Orville, Peter)
Related: [-]
Friday, April 18, 2025
46 46 misc Affidavit of Service Fri 04/18 3:43 PM
Affidavit of Service Filed by Draksin Properties, Inc. Related [+]. (Orville, Peter)
Related: [-] 45
Att: 1 list of creditors
45 45 3 pgs order Use Cash Collateral Fri 04/18 9:15 AM
Interim Order Authorizing Debtor in Possession's Use of Cash Collateral Related [+]. (Sierra, Emiliano)
Related: [-] 22
Att: 1 Projections
court zCHAP Event-Hearing Continued Motion (BK) Fri 04/18 3:30 PM
Hearing Held and Continued Related [+]. Hearing scheduled for 5/22/2025 at 11:30 AM at Syracuse Courtroom. (Sugrue, Rachel)
Related: [-] 22
Thursday, April 17, 2025
44 44 audio Fri 04/18 6:00 AM
PDF with attached Audio File. Court Date & Time [04/17/2025 12:27:13 PM]. File Size [ 4307 KB ]. Run Time [ 00:18:17 ]. (admin)
Related: [-]
43 43 audio Fri 04/18 6:00 AM
PDF with attached Audio File. Court Date & Time [04/17/2025 02:04:19 PM]. File Size [ 1208 KB ]. Run Time [ 00:04:59 ]. (admin)
Related: [-]
court zCHAP Event-Hearing Continued Motion (BK) Fri 04/18 1:02 PM
Hearing Held and Continued Related [+]. Hearing scheduled for 05/07/2025 at 11:30 AM at Syracuse Courtroom. INTERIM ORDER DUE. (Sugrue, Rachel)
Related: [-] 11
court Hearing Continued Other (BK) Fri 04/18 1:07 PM
Hearing Held and Continued Related [+]. Hearing scheduled for 05/07/2025 at 11:30 AM at Syracuse Courtroom. (Sugrue, Rachel)
Related: [-] 26
court Hearing Held Fri 04/18 1:08 PM
Hearing Held - Motion GRANTED Related [+]. Order due by 05/19/2025. (Sugrue, Rachel)
Related: [-] 30
Friday, April 11, 2025
court Hearing Continued Other (BK) Fri 04/11 12:50 PM
Hearing Held and Continued Related [+]. Hearing scheduled for 04/17/2025 at 11:30 AM at Syracuse Courtroom. RE-ENTERED FOR CORRECT TIME. (Sugrue, Rachel)
Related: [-] 22
Wednesday, April 09, 2025
42 42 answer Response Wed 04/09 4:10 PM
Response to Related [+] Filed by Francis J. Brennan-Trustee. (Brennan-Trustee, Francis)
Related: [-] 26 Motion to Dismiss Case pursuant to 11 U.S.C. § 1112(b) 26
Att: 1 Certificate of Service
41 41 answer Reply Wed 04/09 3:05 PM
Reply to Related [+] Filed by Draksin Properties, Inc.. (Orville, Peter)
Related: [-] 26 Motion to Dismiss Case pursuant to 11 U.S.C. § 1112(b) 26
trustee 341Meeting of Creditors Closed. Wed 04/09 2:44 PM
341(a) Meeting of Creditors Closed Filed by U.S. Trustee. (Champion, Erin)
Related: [-]
court Hearing Set(Motion) Wed 04/09 4:00 PM
Hearing Set Related [+]. Hearing scheduled for 4/17/2025 at 11:30 AM at Syracuse Courtroom. (Davis, Darcy)
Related: [-] 26
Thursday, April 03, 2025
40 40 audio Thu 04/03 3:51 PM
PDF with attached Audio File. Court Date & Time [04/03/2025 12:00:41 PM]. File Size [ 2649 KB ]. Run Time [ 00:11:09 ]. (admin)
Related: [-]
court zCHAP Event-Hearing Continued Motion (BK) Thu 04/03 3:07 PM
Hearing Held and Continued Related [+]. Hearing scheduled for 04/04/2025 at 11:00 AM at Syracuse Courtroom. (Sugrue, Rachel)
Related: [-] 22
court zCHAP Event-Hearing Continued Motion (BK) Thu 04/03 3:08 PM
Hearing Held and Continued Related [+]. Hearing scheduled for 04/17/2025 at 12:00 PM at Syracuse Courtroom. (Sugrue, Rachel)
Related: [-] 22
Wednesday, April 02, 2025
39 39 order Employ Wed 04/02 2:41 PM
Order Granting Application to Employ Peter A. Orville Related [+]. (Sierra, Emiliano)
Related: [-] 9
Monday, March 31, 2025
38 38 misc Affidavit of Service Mon 03/31 4:22 PM
Affidavit of Service Filed by Draksin Properties, Inc. Related [+]. (Orville, Peter)
Related: [-] 35 ,30
Att: 1 list of creditors
Saturday, March 29, 2025
37 37 court BNC Certificate of Mailing Sun 03/30 12:17 AM
BNC Certificate of Mailing. Related [+]. Notice Date 03/29/2025. (Admin.)
Related: [-] 29
Friday, March 28, 2025
36 36 order Shorten Time Fri 03/28 2:03 PM
Order Granting Motion to Shorten Time Related [+] Hearing scheduled for 4/3/2025 at 12:00 PM at Syracuse Courtroom. (Villanueva, Lucy)
Related: [-] 23
35 35 notice Notice of Hearing Fri 03/28 12:07 PM
Amended Notice of Hearing Filed by Draksin Properties, Inc. Related [+]. Hearing scheduled for 4/17/2025 at 11:30 AM at Syracuse Courtroom. (Orville, Peter)
Related: [-] 31
34 34 misc Certificate of Service Fri 03/28 9:28 AM
Certificate of Service Filed by U.S. Trustee Related [+]. (Champion, Erin)
Related: [-] 27
33 33 court Notice of Deficiency Fri 03/28 9:03 AM
Notice of Deficiency sent to Peter Alan Orville. Action Required Related [+]. Document Correction due by 3/31/2025. (Villanueva, Lucy)
Related: [-] 31
Thursday, March 27, 2025
32 32 audio Fri 03/28 6:00 AM
PDF with attached Audio File. Court Date & Time [03/27/2025 12:00:17 PM]. File Size [ 3813 KB ]. Run Time [ 00:16:09 ]. (admin)
Related: [-]
31 31 notice Notice of Hearing Thu 03/27 5:13 PM
Notice of Hearing Filed by Draksin Properties, Inc. Related [+]. Hearing scheduled for 4/17/2025 at 11:30 AM at Syracuse Courtroom. (Orville, Peter)
Related: [-] 30
30 30 3 pgs motion Sell Property Free and Clear of Liens Under Section 363(f) Thu 03/27 5:10 PM
Motion to Sell Property Free and Clear of Liens under Section 363(f) . Fee Amount $199 Filed by Draksin Properties, Inc.. (Orville, Peter)
Related: [-]
Att: 1 Exhibit Exhibit A Sale Contract
Att: 2 Exhibit Exhibit closing statement
29 29 court Clerk's Notice Thu 03/27 4:50 PM
Clerk's Notice Re: U.S. Trustee's Motion to Dismiss Related [+]. (Sierra, Emiliano)
Related: [-] 27
28 28 misc Certificate of Service Thu 03/27 3:20 PM
Certificate of Service For Notice of Appearance Filed by City of Syracuse Related [+]. (Ryan, Meghan)
Related: [-] 25
27 27 notice Notice of Hearing on Default Motion Thu 03/27 2:02 PM
Notice of Hearing on Default Motion. Hearing Scheduled for 4/17/2025 at 11:30 in Syracuse Filed by U.S. Trustee Related [+]. Objections due by 4/10/2025. (Champion, Erin)
Related: [-] 26
26 26 motion Dismiss Case Thu 03/27 2:01 PM
Motion to Dismiss Case pursuant to 11 U.S.C. § 1112(b) Filed by U.S. Trustee. (Champion, Erin)
Related: [-]
crditcrd none Thu 03/27 5:12 PM
Receipt of Motion to Sell Property Free and Clear of Liens Under Section 363(f)([LINK 25-30159 5-wak] ) [motion,msell] ( 199.00) filing fee. Receipt number A12106980, amount $ 199.00. Related [+] (U.S. Treasury)
Related: [-] Doc#30
court zCHAP Event-Hearing Continued Motion (BK) Thu 03/27 4:02 PM
Hearing Held and Continued Related [+]. Section 1188 Conference to be held on 04/17/2025 at 11:30 AM at Syracuse Courtroom. (Sugrue, Rachel)
Related: [-] 11
court zCHAP Event-Hearing Continued Motion (BK) Thu 03/27 4:03 PM
Hearing Held and Continued Related [+]. Hearing scheduled for 04/03/2025 at 12:00 PM at Syracuse Courtroom. INTERIM ORDER DUE. (Sugrue, Rachel)
Related: [-] 23
Wednesday, March 26, 2025
25 25 misc Notice of Appearance and Request for Notice Wed 03/26 4:37 PM
Notice of Appearance and Request for Notice by Meghan E Ryan Filed by on behalf of City of Syracuse. (Ryan, Meghan)
Related: [-]
24 24 order Generic TEXT ORDER Wed 03/26 4:35 PM
TEXT ORDER: The Court is in receipt of Debtors Motion to Shorten Time (the "Motion to Shorten Notice" at Doc. 23) regarding Debtors Emergency Motion to Approve Use of Cash Collateral (Doc. 22). The Court schedules a Section 105(a) conference for March 27, 2025 at 11:30 a.m. (the "Conference") for Debtor to explain to the Court its basis for cause shown as required under FRBP 9006(c)(1) for the Court to consider the Motion to Shorten Notice. Counsel for Debtor is directed to appear at that time either in-person at the James M. Hanley U.S. Courthouse and Federal Building, 100 South Clinton Street, Syracuse, New York, or telephonically by dialing (518) 217-2288 and entering Conference ID: 557621352#. Any other part may appear at the Conference. SO ORDERED this 26th day of March, 2025 by Wendy A. Kinsella, United States Bankruptcy Judge. Related [+]. (Sugrue, Rachel)
Related: [-] 23 ,22
23 23 motion Shorten Time Wed 03/26 3:41 PM
Motion to Shorten Time Related [+] Filed by Draksin Properties, Inc.. (Orville, Peter)
Related: [-] 22 Motion to Use Cash Collateral22
22 22 6 pgs motion Use Cash Collateral Wed 03/26 3:39 PM
Emergency Motion to Conditional Use of Cash Collateral Filed by Draksin Properties, Inc.. (Orville, Peter)
Related: [-]
Att: 1 Exhibit Projections
21 21 misc Letter (generic) Wed 03/26 1:49 PM
Letter Re: 11 U.S.C. §1188(c) conference Filed by Francis J. Brennan-Trustee Related [+]. (Brennan, Francis)
Related: [-] 11
court Hearing Set(Motion) Wed 03/26 4:40 PM
Hearing Set Related [+]. Section 105(a) Conference to be held on 3/27/2025 at 11:30 AM at Syracuse Courtroom. (Sugrue, Rachel)
Related: [-] 23
Friday, March 21, 2025
20 20 misc Tax Documents Fri 03/21 9:43 AM
Tax Documents for the Year for 2023 Filed by Draksin Properties, Inc.. (Orville, Peter)
Related: [-]
Wednesday, March 19, 2025
19 19 misc Notice of Appearance and Request for Notice Wed 03/19 3:51 PM
Notice of Appearance and Request for Notice by Curtis A Johnson Filed by on behalf of Generations Bank. (Johnson, Curtis)
Related: [-]
Monday, March 17, 2025
18 18 misc Statement of Operations Mon 03/17 1:17 PM
Statement of Operations for Small Business Filed by Draksin Properties, Inc.. (Orville, Peter)
Related: [-]
Saturday, March 15, 2025
17 17 court BNC Certificate of Mailing - Meeting of Creditors Sun 03/16 12:17 AM
BNC Certificate of Mailing - Meeting of Creditors. Related [+]. Notice Date 03/15/2025. (Admin.)
Related: [-] 13
Friday, March 14, 2025
trustee 341 Telephonic Call-In Information Fri 03/14 8:50 AM
Section 341 Telephonic Meeting Call-in Information: 877-718-0473 Participant Code: 1422055 Filed by U.S. Trustee. (Champion, Erin)
Related: [-]
Thursday, March 13, 2025
16 16 court BNC Certificate of Mailing Fri 03/14 12:20 AM
BNC Certificate of Mailing. Related [+]. Notice Date 03/13/2025. (Admin.)
Related: [-] 11
15 15 misc Pre-Status Conference Report Thu 03/13 5:14 PM
Pre-Status Conference Report Filed by Draksin Properties, Inc.. (Orville, Peter)
Related: [-]
14 14 court Document (Batch) Thu 03/13 2:01 PM
Notice of Change To Call-In Number and Conference Id For Chief Judge Kinsellas Motion Calendars . (Ventura, Dina)
Related: [-]
13 13 court Meeting of Creditors Chapter 11 Thu 03/13 9:16 AM
Meeting of Creditors. 341(a) meeting to be held on 4/9/2025 at 02:00 PM at First Meeting Syracuse. Last day to object to discharge of certain debts 6/9/2025. Proofs of Claim due by 5/16/2025. Government Proof of Claim due by 9/3/2025. (Sierra, Emiliano)
Related: [-]
Wednesday, March 12, 2025
12 12 1 pgs trustee Notice Appointing Subchapter V Trustee Wed 03/12 3:03 PM
Notice of Appointment of Subchapter V Trustee . Francis J. Brennan-Trustee added to the case. Filed by U.S. Trustee.(Champion, Erin)
Related: [-]
Att: 1 1 pgs Trustee's Verified Statement
Tuesday, March 11, 2025
11 11 1 pgs order Order Scheduling Section 1188 Conference and Related Deadline Tue 03/11 1:02 PM
Order Scheduling Section 1188 Conference and Related Deadline. Status hearing to be held on 3/27/2025 at 11:30 AM at Syracuse Courtroom. Pre-Status Report Due By 3/13/2025. (Sierra, Emiliano)
Related: [-]
Monday, March 10, 2025
10 10 order Set Last Day To File Proofs of Claim Mon 03/10 3:34 PM
Order Setting Last Day To File Proofs of Claim. Proofs of Claim due by 5/16/2025. (Sierra, Emiliano)
Related: [-]
9 9 4 pgs motion Employ Mon 03/10 3:29 PM
Application to Employ Peter A. Orville as Attorney for Draksin Properties, Inc. Filed by Draksin Properties, Inc.. (Orville, Peter)
Related: [-]
Att: 1 Exhibit Retainer Agreement
Att: 2 Affidavit AFFIDAVIT OF PROPOSED PROFESSIONAL PERSON
8 8 misc Statement Re: Mon 03/10 3:15 PM
Statement Re: Small Business Cash Flow Filed by Draksin Properties, Inc.. (Orville, Peter)
Related: [-]
Sunday, March 09, 2025
7 7 court BNC Certificate of Mailing Mon 03/10 1:17 AM
BNC Certificate of Mailing. Related [+]. Notice Date 03/09/2025. (Admin.)
Related: [-] 6
Friday, March 07, 2025
6 6 utility Update Ch 11 Deficiency Deadlines Fri 03/07 4:31 PM
Notice of Deadlines. Small Business Cash Flow Statement due 3/14/2025. Small Business Statement of Operations due 3/14/2025. (Sierra, Emiliano)
Related: [-]
5 5 misc Affirmation Fri 03/07 4:04 PM
Affirmation Re: AFFIRMATION PURSUANT TO LOCAL RULE 2015-2 Filed by Draksin Properties, Inc. Related [+]. (Orville, Peter)
Related: [-] 1
4 4 misc Balance Sheet Fri 03/07 4:02 PM
Balance Sheet Filed by Draksin Properties, Inc.. (Orville, Peter)
Related: [-]
3 3 misc 20 Largest Unsecured Creditors Fri 03/07 4:01 PM
Certification of Mailing Matrix Filed. , Non-Individual: List of Creditors Who Have 20 Largest Unsecured Claims Against You and Are Not Insiders Filed by Draksin Properties, Inc.. (Orville, Peter)
Related: [-]
2 2 misc Corporate Resolution Fri 03/07 3:53 PM
Corporate Resolution Filed by Draksin Properties, Inc.. (Orville, Peter)
Related: [-]
1 1 35 pgs misc Voluntary Petition (Chapter 11) for Attorney Use Fri 03/07 3:48 PM
Chapter 11 Subchapter V, Voluntary Petition for Non-Individuals. Fee Amount $1738 Filed by Draksin Properties, Inc.. Chapter 11 Plan Small Business Subchapter V Due by 06/5/2025. (Orville, Peter)
Related: [-]
crditcrd none Fri 03/07 3:50 PM
Receipt of Voluntary Petition (Chapter 11)([LINK 25-30159 5] ) [misc,volp11] (1738.00) filing fee. Receipt number A12089883, amount $1738.00. Related [+] (U.S. Treasury)
Related: [-] Doc#1