First Interim Fee Application of Accountant Jack Lantzy — In re Panthera Enterprises, LLC, Case 2:19-bk-00787, Doc. 361 (Filed 06/08/21)
- Date
- 2020-08-21
Summary
The first interim fee application of accountant Jack Lantzy, filed June 8, 2021 as Doc 361 in In re Panthera Enterprises, LLC, No. 2:19-bk-00787, a Chapter 7 case in the U.S. Bankruptcy Court for the Northern District of West Virginia. It is submitted by Aaron C. Amore, Trustee, and states that the court approved Lantzy's employment as accountant for the estate by order dated August 21, 2020 (Doc. 223). The application describes difficulties in preparing past due tax returns, including access to financial data kept on a custom software platform, an apparent variance of almost Ten Million Dollars between the 2018 and 2019 trial balances, and limited cooperation from the prior accountant. It states that Lantzy prepared the 2019 state and federal tax returns and asks the court to approve fees of $23,437.50 as set forth in Exhibit A. A certificate of service follows.
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Cite this document
“First Interim Fee Application of Accountant Jack Lantzy — In re Panthera Enterprises, LLC, Case 2:19-bk-00787, Doc. 361 (Filed 06/08/21).”
Original at ecf.wvnb.uscourts.gov, dated 2020-08-21. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2020-08-21-employment-of-jack-lantzy-as-accountant-for-the-estate-by-order-dated-august-21/
, SHA-256 44469c6f3869e69ea1ebf8b5f2ccc9dbb906146f10bca8acd88964583211b89b.Full text
No. 2:19-bk-00787 Doc 361 Filed 06/08/21 Entered 06/08/21 16:33:21 Page 1 of 4
UNITED STATES BANKRUPTCY COURT
FOR THE NORTHERN DISTRICT OF WEST VIRGINIA
IN RE:
Panthera Enterprises, LLC Case No. 19-00787
Debtor. Chapter 7
FIRST INTERIM FEE APPLICATION OF ACCOUNTANT JACK LANTZY
On a day prior came Aaron C. Amore, Trustee for the above-named Debtor
with an application to employ John (“Jack”) P. Lantzy, CPA, an accountant with the
firm of Smith, Elliot, Kearns & Company, LLC. The Court approved the
employment of Jack Lantzy as accountant for the estate, by order dated August 21,
2020 (Doc. 223), upon the terms and conditions set forth in the motion to employ.
The preparation of the past due tax returns in this case presented significant
difficulties and delays. The Debtor and its two related entities (Panthera Training
Center, LLC and Panthera WorldWide, LLC) maintained financial data on a unique
software platform designed and maintained by ARB Investments Company, LLC.
This software and set up was designed for the Debtor and related entities and
presented logistical access issues to the financial data. Lantzy and the Trustee had
several Zoom meetings with ARB’s representative to both access and review the
financial data for these entities. The Debtor and related entities were treated as
pass through entities with the equitable owners changing for certain tax years.
There appeared to be a variance of almost Ten Million Dollars ($10,000,00) from the
ending trial balance of 2018 to 2019 with no explanation of how the discrepancy
No. 2:19-bk-00787 Doc 361 Filed 06/08/21 Entered 06/08/21 16:33:21 Page 2 of 4
occurred. Even after ascertaining this large amount was shifted into a capital
contribution account just prior to the filing of the Chapter 11, there remained
numerous discrepancies that required investigatory work. Lantzy was hampered by
the prior accountant’s limited cooperation and the lack of specific information from
the former principals of the Debtor.
Lantzy prepared and filed the 2019 state and federal tax returns for the
Debtor, Panthera Enterprises, LLC and its subsidiary, Panthera Training Center,
LLC. Lantzy has expended time and incurred costs as set forth in EXHIBIT A
totaling $23,437.50.
Lantzy and the Trustee asks this Court to approve his fee application in the
amount of $23,437.50.
Respectfully submitted:
/s/ Aaron C. Amore
Aaron C. Amore, Trustee
WVSB No. 6455
206 W. Liberty St., P.O. Box 386
Charles Town, WV 25414
Phone: 304-885-4111
Fax: 866-417-8796
E-mail: aaron@amorelaw.com
No. 2:19-bk-00787 Doc 361 Filed 06/08/21 Entered 06/08/21 16:33:21 Page 3 of 4
CERTIFICATE OF SERVICE
I hereby certify that the foregoing FIRST INTERIM FEE APPLICATION OF
ACCOUNTANT JACK LANTZY was served upon the following individuals at the
addresses listed below, by placing a true and correct copy thereof in the United
States mail, postage prepaid or via email or CM/ECF, on this 8th day of June, 2021.
Via Email:
Kelly T. Smith ksmith@sek.com
Jack Lantzy jlantzy@sek.com
Mark A. Lindsay mlindsay@bernsteinlaw.com
Rob Duncan tarpon777@yahoo.com
Rob Duncan as manager of TR&L tkelsey@woodsrogers.com
Bruce & Stacie Hardy bsrhardy@comcast.net
Via CM/ECF
Debra Lee Allen dallen@spilmanlaw.com
Aaron C. Amore aaron@amorelaw.com,
jackie@amorelaw.com;c.ar70274@notify.bestcase.com;alaina@amorelaw.com
Aaron C. Amore amorewvt@gmail.com,
aca@trustesolutions.net;jackiewvt@gmail.com;annwvt@gmail.com
Robert S. Bernstein rbernstein@bernsteinlaw.com,
cwirick@bernsteinlaw.com;cwirick@ecf.courtdrive.com;rbernstein@ecf.courtdrive.co
m
Elizabeth B. Carroll elizabeth_carroll@vawb.uscourts.gov
Julia A. Chincheck jchincheck@bowlesrice.com
Spencer D. Elliott selliott@lgcr.com
Douglas Kahle dkahle@basnightkinser.com
Gary O. Kinder gary.o.kinder@usdoj.gov
Travis Alan Knobbe tknobbe@spilmanlaw.com, dambrose@spilmanlaw.com
Sabrina B. Lee sabrina_lee@vawb.uscourts.gov
William J. Leon jayleon@comcast.net
Salene Rae Mazur Kraemer skraemer@bernsteinlaw.com,
salene@ecf.courtdrive.com,
Michael R. Proctor mproctor@bowlesrice.com, lcrown@bowlesrice.com
Brandy M. Rapp brapp@wtplaw.com, twhitt@wtplaw.com
John J. Richardson jrichardson@bernsteinlaw.com
Zachary James Rosencrance zrosencrance@bowlesrice.com,
ajones@bowlesrice.com
No. 2:19-bk-00787 Doc 361 Filed 06/08/21 Entered 06/08/21 16:33:21 Page 4 of 4
Kathy M. Santa Barbara ksantabarbara@yahoo.com, cmarshsblo@yahoo.com
Robert Sellards rms@bcyon.com
James E. Smith jes2esq@frontiernet.net
Anita M. Swaton Anita_Swaton@wvnb.uscourts.gov
Steven L. Thomas sthomas@kaycasto.com,
lwalker@kaycasto.com;abrewster@kaycasto.com;nball@kaycasto.com
Stephen L. Thompson sthompson@barth-thompson.com, office@barth-
thompson.com;chris@barth-thompson.com
United States Trustee ustpregion04.ct.ecf@usdoj.gov
Eric Michael Wilson eric.m.wilson@wv.gov, lora.l.rutledge@wv.gov
Manual Notice List
Notice was not mailed to the parties below as no addresses were provided. To the
extent the Trustee has email addresses the below notice parties, they were emailed.
Rob Duncan Manager/Duncan Development Group, LLC
Rob Duncan Manager/TR&L, LLC, a Virginia Limited Liability Company
Successor to SMI, LLC, a Virginia Limited Liability Company
Bruce Hardy
Stacie Hardy
Anthony McIntyre
Timothy Miller
/s/ Aaron C. Amore
Aaron C. Amore
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