Order Granting Debtors' Motion, Payment of Commissions Earned by SRB Capital, LLC — In re Buddy Mac Holdings
Summary
An order in In re: Buddy Mac Holdings, LLC, et al., Chapter 11 Case No. 25-34839-mvl11 (Jointly Administered), in the United States Bankruptcy Court for the Northern District of Texas, Dallas Division, signed April 10, 2026 and filed April 13, 2026 as Doc 423. It grants the Debtors' motion [ECF #377] for an order authorizing and directing payment of commissions earned by SRB Capital, LLC for Employee Retention Credit refunds. The Debtors are authorized and directed to make a cash payment to SRB Capital, LLC of $370,804.37, for unpaid Commissions due under the Agreement. The court finds the matter a core proceeding, the notice sufficient and the relief an exercise of the Debtors' sound business judgment, and retains jurisdiction over implementation of the order.
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“Order Granting Debtors' Motion, Payment of Commissions Earned by SRB Capital, LLC — In re Buddy Mac Holdings.”
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, SHA-256 eeec7b989feefcfe22a722a269c56205874d0a2a4ff68ff236f368b56781faa1.Full text
Case 25-34839-mvl7 Doc 423 Filed 04/13/26 Entered 04/13/26 13:54:05 Desc Main
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The following constitutes the ruling of the court and has the force and effect therein described.
Signed April 10, 2026
United States Bankruptcy Judge
______________________________________________________________________
IN THE UNITED STATES BANKRUPTCY COURT
FOR THE NORTHERN DISTRICT OF TEXAS
DALLAS DIVISION
§
In re: § Chapter 11
§
BUDDY MAC HOLDINGS, LLC, et al., § Case No. 25-34839-mvl11
§
Debtors.1 § (Jointly Administered)
§
ORDER GRANTING DEBTORS’ MOTION FOR ENTRY OF AN ORDER
AUTHORIZING AND DIRECTING THE PAYMENT OF COMMISSIONS EARNED
BY SRB CAPITAL, LLC FOR EMPLOYEE RETENTION CREDIT REFUNDS
Upon the motion [ECF #377] (“Motion”)2 of Buddy Mac Holdings, LLC, and its debtor
affiliates (including the Subsequent Debtors), as debtors and debtors in possession (collectively,
the “Debtors”), for entry of an order authorizing and directing the Debtors to pay SRB Capital,
1
A complete list of the Debtors in these chapter 11 cases is available at: https://dm.epiq11.com/case/buddyshome/info.
The Debtors’ service address is 400 E. Centre Park Blvd., Suite 101, DeSoto, Texas 75115.
2
Capitalized terms used but not otherwise defined herein shall have the respective meanings ascribed to them in the
Motion.
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LLC the Commissions due on receipt by the Debtors of the ERC Refund and related relief in these
chapter 11 cases, and this Court having reviewed the Motion and the exhibits thereto; and this
Court having jurisdiction to consider the Motion and the relief requested therein in accordance
with 28 U.S.C. § 1334; and this Court having found that this is a core proceeding pursuant to 28
U.S.C. § 157(b)(2)(A), (B), and (O); and that this Court has authority to enter a final order
consistent with Article III of the United States Constitution; and this Court having found that venue
of this proceeding and the Motion in this district is proper pursuant to 28 U.S.C. §§ 1408 and 1409;
and it appearing that proper and adequate notice of the Motion under the circumstances has been
given and that no other or further notice is necessary under the circumstances; and upon the record
herein; and after due deliberation thereon; and the Court having found that the relief requested in
the Motion constitutes an exercise of the Debtors’ sound business judgment; and this Court having
determined that there is good and sufficient cause for the relief granted in this Order, therefore, it
is HEREBY ORDERED THAT:
1. The Motion is granted as set forth herein.
2. The Debtors are authorized and directed to make a cash payment to SRB Capital,
LLC for unpaid Commissions due and payable under the Agreement in the amount of $370,804.37.
3. Notice of the Motion as provided therein shall be deemed good and sufficient notice
of such Motion under the circumstances, and the requirements of the Bankruptcy Rules and the
Local Rules are satisfied by such notice under the circumstances.
4. The Debtors and Claims and Noticing Agent are hereby authorized to take such
actions and to execute such documents as may be necessary or appropriate to implement the relief
granted by this Order.
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5. This Court retains exclusive jurisdiction and power with respect to all matters
arising from or related to the implementation, interpretation, and enforcement of this Order.
### END OF ORDER ###
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