Current posture
Vera Holdings is now pursuing a Chapter 11 liquidation, with its Fruitland Park warehouse moving through an approved bidding process and a sale hearing set for October 15, 2026. The debtor’s proposed liquidation structure remains the central path: it would transfer remaining assets and causes of action to a liquidating trust, provide Fairwinds Credit Union a deed in lieu of foreclosure for the warehouse, address Tiger Finance’s secured claim through distribution collateral, and give general unsecured creditors beneficial interests in the trust under the Chapter 11 Plan of Liquidation Dkt. 246. The Court has also approved the retention of Soldnow d/b/a Tranzon Driggers as auctioneer, positioning the estate to market and sell the real property. Auctioneer-retention order Dkt. 300 The debtor filed on February 4, 2026 with approximately $30.7 million in funded debt, including Fairwinds construction mortgages on the warehouse, a $5 million subordinated WebBank/Libertas facility, and Tiger’s senior secured credit facility. The July plan and Disclosure Statement Dkt. 247 frame the case as an orderly wind-down of the tools and equipment business, including liquidation of Amazon inventory and a…
Updated Aug 21, 2026
Sep 22, 2026
Claims & Administration · 1:30 PM ET · Hon. Grace E. Robson · Courtroom 6D, 6th Floor
Certificate of Service Re: Order Granting Motion to Authorize Sale of Real Property Free and Clear Pursuant to the Chapter 11 Plan, to Approve Auction and Bidding Procedures, and for Related Relief (Doc. No. 285) and Setting Sale Hearing for October 15, 2026, at 2:00 P.M. (Docket No. 296), Order Approving Application to Employ Auctioneer (Doc. No. 286) (Docket No. 300). Filed by Other Prof. Stretto, Inc. (related document(s)[300], [296]). (Stretto (JD))
Docket 305 · Aug 21, 2026
Notice of Appearance and Request for Notice Filed by Seth P. Traub on behalf of Financial Advisor FTI Consulting, Inc.. (Traub, Seth)
Docket 304 · Aug 21, 2026
Notice of Appearance and Request for Notice Filed by Steven M Berman on behalf of Financial Advisor FTI Consulting, Inc.. (Berman, Steven)
Docket 303 · Aug 21, 2026
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