Contact Info
For more information, contact Committee counsel:
Contact Info:
919 North Market St.
17th Floor
Wilmington DE 19801
302.652.4100
Email: Bradford Sandler
Links
Files
- Plan documents:
- Third Amended Joint Plan of Reorganization
- Order approving Third Amended Joint Plan
- Notice of Third Amended Joint Plan effective date
- Second Amended Joint Disclosure Statement (Second Amended Joint Plan of Liquidation is Exhibit A)
- Amended Order Approving Second Amended Joint Disclosure Statement
- Ballot Package contents:
- Case docket as of 8-25-20
- Chapter 11 Petition
- List of Twenty Largest Creditors
- Schedules of Assets & Liabilities
- Attachments
- Amended Schedules F & H
- Statement of Financial Affairs
- Notice of Committee Appointment
- Committee Counsel Employment Application
- Committee Counsel Employment Consent Order
- Preconfirmation Monthly Reports:
- Monthly Operating Report - January 2011
- Monthly Operating Report - February 2011
- Monthly Operating Report - March 2011
- Monthly Operating Report - April 2011
- Monthly Operating Report - May 2011
- Monthly Operating Report - June 2011
- Monthly Operating Report - July 2011
- Monthly Operating Report - August 2011
- Monthly Operating Report - September 2011
- Monthly Operating Report - October 2011
- Monthly Operating Report - November 2011
- Monthly Operating Report - December 2011
- Monthly Operating Report - January 2012
- Monthly Operating Report - February 2012
- Monthly Operating Report - March 2012
- Postconfirmation Monthly Reports:
- Postconfirmation Quarterly Report - June 2012
- Postconfirmation Quarterly Report - September 2012
- Postconfirmation Quarterly Report - December 2012
- Postconfirmation Quarterly Report - March 2013
- Postconfirmation Quarterly Report - June 2013
- Postconfirmation Quarterly Report - September 2013
- Postconfirmation Quarterly Report - December 2013
- Postconfirmation Quarterly Report - March 2014
- Postconfirmation Quarterly Report - June 2014
- Postconfirmation Quarterly Report - September 2014
- Postconfirmation Quarterly Report - December 2014
- Postconfirmation Quarterly Report - March 2015
- Postconfirmation Quarterly Report - June 2015
- Postconfirmation Quarterly Report - September 2015
- Postconfirmation Quarterly Report - December 2015
- Postconfirmation Quarterly Report - March 2016
- Postconfirmation Quarterly Report - June 2016
- Postconfirmation Quarterly Report - September 2016
- Postconfirmation Quarterly Report - December 2016
- Postconfirmation Quarterly Report - March 2017
- Postconfirmation Quarterly Report - June 2017
- Postconfirmation Quarterly Report - September 2017
- Postconfirmation Quarterly Report - January 2018
- Postconfirmation Quarterly Report - March 2018
- Postconfirmation Quarterly Report - June 2018
- Postconfirmation Quarterly Report - September 2018
- Postconfirmation Quarterly Report - December 2018
- Postconfirmation Quarterly Report - March 2019
- Postconfirmation Quarterly Report - June 2019
- Postconfirmation Quarterly Report - September 2019
- Postconfirmation Quarterly Report - December 2019
- Postconfirmation Quarterly Report - March 2020
- Postconfirmation Quarterly Report - June 2020
- Postconfirmation Quarterly Report - September 2020
- Postconfirmation Quarterly Report - December 2020
- Postconfirmation Quarterly Report - March 2021
- Postconfirmation Quarterly Report - June 2021
- Postconfirmation Quarterly Report - September 2021
- Postconfirmation Quarterly Report - December 2021
- Postconfirmation Quarterly Report - March 2022
- Postconfirmation Quarterly Report - June 2022
- Postconfirmation Quarterly Report - September 2022
- Case closing motion
KH Funding
This site has been created to provide unsecured creditors with information and to solicit and receive comments from unsecured creditors about the pending chapter 11 bankruptcy case of KH Funding Company
NOTE: The case-closing motion has been filed in this case. Click HERE to view.
On December 3, 2010, KH Funding Company filed a chapter 11 bankruptcy petition in the Greenbelt division of the U.S. Bankruptcy Court for the District of Maryland ("Bankruptcy Court"). The Honorable Thomas J. Catliota is the presiding bankruptcy judge. The case number is 10-37371.
Committee Appointment
On January 20, 2011, the U.S. Trustee appointed the committee of creditors holding unsecured claims ("Committee") for KH Funding. The Committee members are: Law Debenture Trust Company of New York, Wells Fargo Bank, Tom Bauer, Ruth Gresser, Michele Marcello, Bernard Repeta and Kevin Willes. The Committee has selected Pachulski Stang Ziehl & Jones LLP ("PSZJ") as its counsel; the Bankruptcy Court approved PSZJ's employment on March 11, 2011. Bradford Sandler and Michael Seidl at PSZJ are the principal attorneys responsible for this engagement. To date, no other committees have been appointed in the case.
Plan Confirmation and Effective Date
On April 17, 2012, the Bankruptcy Court entered an order confirming the Third Amended Joint Plan of Liquidation of KH Funding Company and the Official Committee of Unsecured Creditors Pursuant to Chapter 11 of the Bankruptcy Code (the “Plan”). The Plan became effective on May 1, 2012. The Plan, the confirmation order, and the notice of the plan effective date are available under the tab on this page marked “View Files.”
Current Status
As of June 2016, the plan administrator has completed liquidation of the majority of KH Funding’s assets and resolved the bulk of litigation. There are still some challenging assets that the plan administrator is trying to monetize, including, but not limited to, real property; second, third and unsecured loans; participation interests in other loans; and secured claims. Once these assets are monetized, the plan administrator will determine whether and to what extent a claims reconciliation process is appropriate. Absent unexpected or prolonged legal or other proceedings, KH Funding expects to be fully administered by the end of 2016 or the beginning of 2017; however, this is an estimate only, and the actual time could be later than now expected.
For More Information
Please contact Bradford Sandler by email or at 302-652-4100 with any questions, comments, or requests regarding the KH Funding case. For information on how to gain access to all documents filed in this case (in addition to the selected pleadings and documents available on this site), please click on the “Register as a PACER User” link.