Notice of Trustee's Intent to Abandon Asset to: Debtor(s), Creditors and Other Parties in Interest — In re Panthera Enterprises, LLC (Dkt. 471)
Summary
A Notice of Trustee's Intent to Abandon Asset, Doc 471, filed November 17, 2025 in In re Panthera Enterprises, LLC, Case No. 2:19-bk-00787, Chapter 7, in the United States Bankruptcy Court for the Northern District of West Virginia. The notice states that the Trustee intends to abandon an asset of the estate, described as an unsecured note with an original amount of $275,000, on which $78,112.72 in payments have been received to date. It states that the asset will be deemed abandoned unless a written request for a hearing or a written objection is filed within FOURTEEN (14) days of the mailing of the notice. The notice is signed /s/ Aaron C. Amore, Trustee.
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- Date
- 2022-09-21
Cite this document
“Notice of Trustee's Intent to Abandon Asset to: Debtor(s), Creditors and Other Parties in Interest — In re Panthera Enterprises, LLC (Dkt. 471).”
Original at ecf.wvnb.uscourts.gov, dated 2022-09-21. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2022-09-21-abandons-it-as-an-asset-of-the-bankruptcy-estate-in-order-to-take-steps-to-wind/
, SHA-256 5ecf68ea1fb3189bc4e24a2d60d16acb507f663e8b9df4e6c463c49a9a4d1878.Full text
Page 1 of 2 UNITED STATES BANKRUPTCY COURT FOR THE NORTHERN DISTRICT OF WEST VIRGINIA IN RE: PANTHERA ENTERPRISES, LLC Case No. 19-00787 Debtor. Chapter 7 NOTICE OF TRUSTEE'S INTENT TO ABANDON ASSET TO: DEBTOR(S), CREDITORS AND OTHER PARTIES IN INTEREST NOTICE is hereby given that, pursuant to the provisions of 11 U.S.C. § 554 (a) that the Trustee in the above bankruptcy matter intends to abandon an asset of the estate which is described below. You are FURTHER NOTIFIED that the asset below will be deemed abandoned on the date this notice was filed, unless a written request for a hearing or a written objection to the proposed abandonment, stating specific grounds for an objection, is filed with the Clerk of the United States Bankruptcy Court at P. O. Box 70, Wheeling, WV 26003, and a copy thereof mailed to the Trustee at the address listed below within FOURTEEN (14) days of the mailing of this Notice. Asset Description: The remaining asset in this case is an unsecured note held by the Trustee that was to be paid to the Estate by Panthera Training, LLC as it held trainings at the facility it purchased from the Estate in July of 2021. The original amount of the note was $275,000 and to date only $78,112.72 in payments have been received. The last payment on the note received by the Trustee was on September 21, 2022 and the balance of the note has remained at 196,887.28 for almost three years. The principal of Panthera Training, LLC became increasingly ill in 2023 and passed away on or about February 2024. The remaining principal, Merle Starer, has since marketed the property for sale at a price designed to sufficiently cover the secured and unsecured debt, including the Note held by the Bankruptcy Estate. Starer provided periodic updates on prospective purchasers and status of offers, many of which seemed promising a year or more ago. The West Virginnia Economic Development Authority (WVEDA) has a first lien on all of the real and personal property of the Debtor. The Trustee believes that the value of said assets is less than the debt owed to WVEDA. At this time, however, the property has very limited marketability and, if sold, is highly unlikely to sell for an amount sufficient to cover the unsecured Note held by the Bankruptcy Estate. Because the Estate has been open for more than six years and no payments have been made on the note in almost three years, the Trustee hereby abandons it as an asset of the Bankruptcy Estate in order to take steps to wind up and close this case. No. 2:19-bk-00787 Doc 471 Filed 11/17/25 Entered 11/17/25 13:36:49 Page 1 of 2 Page 2 of 2 /s/ Aaron C. Amore Aaron C. Amore, Trustee WVSB #6455 206 West Liberty Street P.O. Box 386 Charles Town, WV 25414 (304) 885-4111 aaron@amorelaw.com No. 2:19-bk-00787 Doc 471 Filed 11/17/25 Entered 11/17/25 13:36:49 Page 2 of 2
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- gov.uscourts.wvnb.75953.471.0.pdf
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- 38,799 bytes
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- 5ecf68ea1fb3189bc4e24a2d60d16acb507f663e8b9df4e6c463c49a9a4d1878
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