On March 13, 2015, a stipulation regarding motion for the appointment of a chapter 11 trustee or an examiner was filed in the bankruptcy case of Cloudeeva, Inc. (f/d/b/a Systems America, Inc.) and its affiliates.
The filing was assigned docket number 510 and is described on the court’s official docket as follows:
Stipulation Between US Securities and Exchange Commission and Chapter 11 Trustee, re:Extension of Time to Take Action to Determine Non-Dischargeability of a Debt Owing to a Governmental Unit Pursuant to 11 USC 1141(d)(6) filed by Alan Stuart Maza on behalf of US Securities and Exchange Commission. (Maza, Alan)
Cloudeeva, Inc. (f/d/b/a Systems America, Inc.) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on July 21, 2014. The bankruptcy case is pending before the United States Bankruptcy Court for the District of New Jersey. The case number for the lead bankruptcy case is 14-24874. The bankruptcy case is currently assigned to United States Bankruptcy Judge Kathryn Ferguson. The law firm of Lowenstein Sandler PC is acting as lead bankruptcy counsel to Cloudeeva, Inc. (f/d/b/a Systems America, Inc.) in the bankruptcy case.