ACCRX, Inc.
| Massachusetts Bankruptcy Court | |
| Chapter 11 | |
| Judge: | Christopher J Panos |
| Case #: | 1:25-bk-10851 |
| Case Filed: | Apr 28, 2025 |
| Type | Corporation |
| Tax ID | subscribers only |
| # of Creditors | 1-49 |
| Est. Assets | $100,001 to $500,000 |
| Est. Liabilities | $1,000,001 to $10 million |
| Nature of Debts | Primarily Business |
| Small Business | Yes |
|
Debtor
ACCRX, Inc.
153 California St
Newton, MA 02458-1023 |
Represented By
|
| Last checked: never |
|
Assistant U.S. Trustee
Richard King - B
Office of the US Trustee J.W. McCormack Post Office & Courthouse 5 Post Office Sq., 10th Fl, Suite 1000
Boston, MA 02109 |
| Docket last updated: 1 hours ago |
| Saturday, May 17, 2025 | ||
| 33 | 33
court
BNC Certificate of Mailing - PDF Document
Sun 05/18 12:25 AM
BNC Certificate of Mailing - PDF Document. Notice Date 05/17/2025. (Admin.) |
|
| Friday, May 16, 2025 | ||
| 32 | 32
notice
Notice of Withdrawal of Appearance/Representation
Fri 05/16 9:47 AM
Notice of Withdrawal of Appearance/Representation of Justin A. Kesselman filed by Assistant U.S. Trustee Richard King - B (Kesselman, Justin) |
|
| Thursday, May 15, 2025 | ||
| 31 | 31
1
pgs
order
Order on Motion to Pay
Thu 05/15 3:46 PM
Proceeding Memorandum and Order dated 5/15/2025 Re:8 Emergency Motion filed by Debtor ACCRX, Inc. to Pay Pre-petition wages and associates payroll taxes. NO OBJECTIONS HAVING BEEN FILED AND FOR THE REASONS STATED ON THE RECORD, THE REMAINDER OF RELIEF SOUGHT PURSUANT TO THE MOTION REGARDING PAYMENT OF INSIDER COMPENSATION GRANTED. (slh, usbc) |
|
|
court
Hearing Held
Thu 05/15 3:40 PM
Hearing Held Re:8 Emergency Motion filed by Debtor ACCRX, Inc. to Pay Pre-petition wages and associates payroll taxes. (lb) |
||
| Monday, May 12, 2025 | ||
| 30 | 30
misc
Exhibit
Mon 05/12 4:37 PM
Exhibit Proposed Order filed by Debtor ACCRX, Inc. (Lipton, Marques) |
|
| 29 | 29
misc
Exhibit
Mon 05/12 4:33 PM
Exhibit Budget to Actual Reconciliation (4.28.25-5.11.25) filed by Debtor ACCRX, Inc. (Lipton, Marques) |
|
| 28 | 28
misc
Equity Security Holders
Mon 05/12 4:30 PM
Equity Security Holders filed by Debtor ACCRX, Inc. (Lipton, Marques) |
|
| 27 | 27
misc
Statement of Financial Affairs
Mon 05/12 4:29 PM
Statement of Financial Affairs for Non-Individual filed by Debtor ACCRX, Inc. (Lipton, Marques) |
|
| 26 | 26
misc
Schedules (Original)
Mon 05/12 4:29 PM
Schedules A-H. filed by Debtor ACCRX, Inc. (Lipton, Marques) |
|
| Thursday, May 08, 2025 | ||
| 25 | 25
misc
Tax Documents
Thu 05/08 9:24 AM
Tax Documents for the Year(s) of 2024 filed by Debtor ACCRX, Inc. (Lipton, Marques) |
|
| Tuesday, May 06, 2025 | ||
| 24 | 24
misc
Notice of Appearance and Request for Notice
Tue 05/06 2:58 PM
Notice of Appearance and Request for Notice by Paul W. Carey with certificate of service filed by Creditor Kapitus LLC (Carey, Paul) |
|
| Sunday, May 04, 2025 | ||
| 23 | 23
court
BNC Certificate of Mailing - Meeting of Creditors
Mon 05/05 12:21 AM
BNC Certificate of Mailing - Meeting of Creditors. Notice Date 05/04/2025. (Admin.) |
|
| Friday, May 02, 2025 | ||
| 22 | 22
misc
Notice of Appearance and Request for Notice
Fri 05/02 11:30 AM
Notice of Appearance and Request for Notice by Michael H Theodore with certificate of service filed by Creditor LEAF Capital Funding, LLC (Theodore, Michael) |
|
| 21 | 21
2
pgs
order
Order To Set Hearing
Fri 05/02 10:37 AM
Order dated 5/2/25 Re:1 Chapter 11 Voluntary Petition SubchapterV Non-Individual. THE COURT WILL CONVENE A STATUS CONFERENCE ON JUNE 25, 2025 AT 11:00 A.M. BY TELEPHONE. TO PARTICIPATE, ATTENDEES SHALL DIAL (646) 828-7666 AND ENTER MEETING ID 160 257 7274 AND PASSCODE 984 524 WHEN PROMPTED. (dc) |
|
| 20 | 20
crt_gen
Court's Notice of 341 Sent 11 Corporation
Fri 05/02 7:34 AM
Court's Notice of 341 sent. (sl) |
|
|
court
Meeting of Creditors Chapter 11
Fri 05/02 7:34 AM
Meeting of Creditors scheduled on 341(a) meeting to be held on 6/4/2025 at 02:30 PM as Telephonic Meeting. Proofs of Claims due by 7/7/2025. (sl) |
||
|
trustee
Statement of Dial-In Information
Fri 05/02 1:06 PM
Telephonic Meeting Information for Section 341 Meeting of Creditors: Dial-in Number: (877) 369-9123 Participant Code: 8635039#. For International Call Information Please Contact the Trustee. (Sprague, Heather) |
||
| Thursday, May 01, 2025 | ||
| 19 | 19
misc
Certificate of Service
Thu 05/01 2:24 PM
Certificate of Service filed by Debtor ACCRX, Inc. (Lipton, Marques) |
|
| Wednesday, April 30, 2025 | ||
| 18 | 18
5
pgs
order
Order (Generic)
Wed 04/30 5:21 PM
Amended Order Re:7 Motion for Cash Collateral filed by Debtor ACCRX, Inc.,17 Order on Motion to Use Cash Collateral. A HEARING FOR FURTHER APPROVAL OF USE OF COLLATERAL AND ADEQUATE PROTECTION THEREFOR AS PROPOSED IN THE MOTION IS HEREBY SCHEDULED FOR MAY 15, 2025 AT 11:00 A.M. (THE CONTINUED HEARING). THE CONTINUED HEARING IS SCHEDULED TO BE CONDUCTED IN COURTROOM 1, 12TH FLOOR, JOHN W. MCCORMACK POST OFFICE AND COURT HOUSE, 5 POST OFFICE SQUARE, BOSTON, MASSACHUSETTS 02109, WITH AN OPTION TO APPEAR BY ZOOM VIDEO. TO OBTAIN THE VIDEO ACCESS INFORMATION, PARTIES IN INTEREST SHALL EMAIL THE COURTROOM DEPUTY AT CJP_COURTROOM_DEPUTY@MAB.USCOURTS.GOV BY MAY 14, 2025 AT 4:30 P.M., PROVIDING THE CONTACT INFORMATION FOR THE PARTY SEEKING TO APPEAR BY VIDEO. ANY OBJECTIONS MUST BE FILED BY MAY 14, 2025 AT 4:30 P.M. See Order for Full Text. (dr) |
|
| 17 | 17
5
pgs
order
Order on Motion to Use Cash Collateral
Wed 04/30 4:43 PM
Order dated 4/30/2025 [Re:7 Emergency Motion filed by Debtor ACCRX, Inc. for Use of Cash Collateral. A HEARING FOR FURTHER APPROVAL OF USE OF COLLATERAL AND ADEQUATE PROTECTION THEREFOR AS PROPOSED IN THE MOTION IS HEREBY SCHEDULED FOR MAY 15, 2025 AT 11:00 A.M. (THE CONTINUED HEARING). THE CONTINUED HEARING IS SCHEDULED TO BE CONDUCTED IN COURTROOM 1, 12TH FLOOR, JOHN W. MCCORMACK POST OFFICE AND COURT HOUSE, 5 POST OFFICE SQUARE, BOSTON, MASSACHUSETTS 02109, WITH AN OPTION TO APPEAR BY ZOOM VIDEO. TO OBTAIN THE VIDEO ACCESS INFORMATION, PARTIES IN INTEREST SHALL EMAIL THE COURTROOM DEPUTY AT CJP_COURTROOM_DEPUTY@MAB.USCOURTS.GOV BY MAY 14, 2025 AT 4:30 P.M., PROVIDING THE CONTACT INFORMATION FOR THE PARTY SEEKING TO APPEAR BY VIDEO. ANY OBJECTIONS MUST BE FILED BY MAY 14, 2023 AT 4:30 P.M. See Order for Full Text. (dc) |
|
| Tuesday, April 29, 2025 | ||
| 16 | 16
1
pgs
order
Order on Motion to Pay
Tue 04/29 3:39 PM
Proceeding Memorandum and Order dated 4/29/2025 Re:8 Emergency Motion filed by Debtor ACCRX, Inc. to Pay Pre-petition wages and associates payroll taxes. THE MOTION IS GRANTED IN PART AS FOLLOWS. THE DEBTOR IS AUTHORIZED TO PAY CERTAIN PRE-PETITION WAGES AND RELATED PAYROLL TAX OBLIGATIONS AS DESCRIBED IN THE MOTION AND CLARIFIED ON THE RECORD AT THE EMERGENCY HEARING, PROVIDED USE OF CASH COLLATERAL HAS BEEN AUTHORIZED TO MAKE SUCH PAYMENTS. EMPLOYEE OBLIGATIONS SHALL NOT INCLUDE PAYROLL ATTRIBUTABLE TO THE PRESIDENT OF THE DEBTOR, ARTHUR MARGOLIS, AND HIS SPOUSE, CLAIRE MARGOLIS. THAT PORTION OF THE MOTION REGARDING PAYMENT OF INSIDER COMPENSATION IS CONTINUED FOR A FURTHER HEARING SCHEDULED FOR MAY 15, 2025 AT 11:00 A.M. (THE "CONTINUED HEARING") IN COURTROOM 1, JOHN W. MCCORMACK POST OFFICE AND COURT HOUSE, 5 POST OFFICE SQUARE, BOSTON, MASSACHUSETTS 02109, WITH AN OPTION FOR PARTIES IN INTEREST TO APPEAR BY ZOOM VIDEO. TO OBTAIN VIDEO ACCESS INFORMATION FOR THE CONTINUED HEARING, PARTIES IN INTEREST SHALL EMAIL THE COURTROOM DEPUTY AT CJP_COURTROOM_DEPUTY@MAB.USCOURTS.GOV NO LATER THAN MAY 14, 2025 AT 4:30 P.M., PROVIDING THE CONTACT INFORMATION FOR THE PARTY SEEKING TO APPEAR BY VIDEO. ANY OBJECTIONS TO THE REMAINING RELIEF SHALL BE FILED NO LATER THAN MAY 14, 2025 AT 4:30 P.M. (dc) |
|
| 15 | 15
trustee
Notice Appointing Subchapter V Trustee
Tue 04/29 2:52 PM
Notice of Appointment of Subchapter V Trustee . David B. Madoff added to the case. (Kesselman, Justin) |
|
|
Att: 1
Verified Statement of Trustee
|
||
| 14 | 14
misc
Affidavit
Tue 04/29 8:50 AM
Affidavit of Arthur Margolis filed by Debtor ACCRX, Inc. (Lipton, Marques) |
|
|
court
Hearing Held and Continued (Chap)
Tue 04/29 4:04 PM
Hybrid Hearing Held and Continued to 05/15/2025 at 11:00 AM at Boston Courtroom 1, 12th Floor, 5 Post Office Square, Boston, MA 02109 Re:8 Motion to Pay Filed by Debtor ACCRX, Inc. (ab) |
||
|
court
Hearing Held and Continued (Chap)
Wed 04/30 4:55 PM
Hybrid Hearing Held and Continued to 05/15/2025 at 11:00 AM at Boston Courtroom 1, 12th Floor, 5 Post Office Square, Boston, MA 02109 Re:7 Motion for Cash Collateral Filed by Debtor ACCRX, Inc. (ab) |
||
| Monday, April 28, 2025 | ||
| 13 | 13
misc
Certificate of Service
Mon 04/28 5:24 PM
Certificate of Service filed by Debtor ACCRX, Inc. (Lipton, Marques) |
|
| 12 | 12
2
pgs
order
Order To Set Hearing
Mon 04/28 4:37 PM
Order dated 4/28/25 Re:7 Emergency Motion filed by Debtor ACCRX, Inc. for Use of Cash Collateral and8 Emergency Motion filed by Debtor ACCRX, Inc. to Pay Pre-petition wages and associates payroll taxes. THE REQUEST FOR EMERGENCY DETERMINATION IS GRANTED AS FOLLOWS. THE COURT HEREBY SCHEDULES: I. DEBTOR'S MOTION FOR INTERIM AND FINAL ORDER AUTHORIZING USE OF CASH AND NON-CASH COLLATERAL, OFFER OF ADEQUATE PROTECTION AND REQUEST FOR EMERGENCY CONSIDERATION (ECF NO. 7) (THE "CASH COLLATERAL MOTION"); AND II. DEBTORS MOTION TO PAY PRE-PETITION WAGES AND RELATED PAYROLL TAX OBLIGATION (ECF NO. 8) (THE "WAGE MOTION," TOGETHER WITH THE CASH COLLATERAL MOTION, THE "MOTIONS"), FOR TELEPHONIC HEARING ON APRIL 29, 2025 AT 11:00 A.M. (THE HEARING). THE HEARING ON THE CASH COLLATERAL MOTION WILL BE A PRELIMINARY HEARING FOR INTERIM USE OF CASH COLLATERAL. TO PARTICIPATE, ATTENDEES SHALL DIAL (646) 828-7666 AND ENTER MEETING ID 160 257 7274 AND PASSCODE 984 524 WHEN PROMPTED. OBJECTIONS TO THE MOTIONS MAY BE MADE AT THE HEARING. See Order for Full Text. (dc) |
|
| 11 | 11
2
pgs
order
Order to Update
Mon 04/28 3:59 PM
Order to Update Re:1 Chapter 11 Voluntary Petition. Cash Flow Statement Due 5/5/2025. Statement of Operations Due 5/5/2025. 20 Largest Unsecured Creditors due 5/12/2025. List of Equity Security Holders due 5/12/2025. Schedule A/B due 5/12/2025. Schedule D due 5/12/2025. Schedule E/F due 5/12/2025. Schedule G due 5/12/2025. Schedule H due 5/12/2025. Statement of Financial Affairs due 5/12/2025. Summary of Assets and Liabilities due 5/12/2025. Statement of Current Monthly Income Form 122B Due: 5/12/2025. Incomplete Filings due by 5/5/2025 and 5/12/2025. (slh, usbc) |
|
| 10 | 10
misc
Balance Sheet
Mon 04/28 3:21 PM
Balance Sheet filed by Debtor ACCRX, Inc. (Lipton, Marques) |
|
|
Att: 1
Profit and Loss Statement
|
||
| 9 | 9
misc
Tax Documents
Mon 04/28 3:20 PM
Tax Documents for the Year(s) of 2023 filed by Debtor ACCRX, Inc. (Lipton, Marques) |
|
| 8 | 8
motion
Pay
Mon 04/28 3:18 PM
Emergency Motion filed by Debtor ACCRX, Inc. to Pay Pre-petition wages and associates payroll taxes with certificate of service. (Lipton, Marques) |
|
| 7 | 7
motion
Cash Collateral
Mon 04/28 3:15 PM
Emergency Motion filed by Debtor ACCRX, Inc. for Use of Cash Collateral with certificate of service. (Lipton, Marques) |
|
|
Att: 1
Proposed Budget
|
||
| 6 | 6
4
pgs
motion
Employ
Mon 04/28 3:11 PM
Application filed by Debtor ACCRX, Inc. to Employ Marques Lipton as Counsel filed with Affidavit. (Lipton, Marques) |
|
|
Att: 1
Affidavit
|
||
| 5 | 5
misc
Certificate of Vote
Mon 04/28 3:08 PM
Certificate of Vote filed by Debtor ACCRX, Inc. (Lipton, Marques) |
|
| 4 | 4
misc
Disclosure of Compensation of Attorney for Debtor
Mon 04/28 3:07 PM
Disclosure of Compensation of Attorney Marques C Lipton in the amount of $10,000. Plus $1738 paid to debtor`s counsel for court filing fees filed by Debtor ACCRX, Inc. (Lipton, Marques) |
|
| 3 | 3
misc
Signature Page
Mon 04/28 3:06 PM
Signature Page filed by Debtor ACCRX, Inc. (Lipton, Marques) |
|
| 2 | 2
misc
Declaration Re: Electronic Filing
Mon 04/28 3:05 PM
Declaration Re: Electronic Filing filed by Debtor ACCRX, Inc. (Lipton, Marques) |
|
| 1 | 1
12
pgs
misc
Voluntary Petition (Chapter 11)
Mon 04/28 2:59 PM
Chapter 11 Voluntary Petition SubchapterV Non-Individual. All Schedules and Statements and Matrix.. Filing Fee in the Amount of $1738 Filed by ACCRX, Inc.. Chapter 11 Plan Small Business Subchapter V due by 07/28/2025. (Lipton, Marques) |
|
|
crditcrd
none
Mon 04/28 3:18 PM
Receipt of filing fee for Voluntary Petition (Chapter 11)([LINK 25-10851 ) [misc,volp11] (1738.00). Receipt Number A20937201, amount $1738.00 (U.S. Treasury) |
||