Creativemass Holdings’ Subchapter V case closed on April 8, 2026, after its liquidation plan became effective in June 2025. The final decree Dkt. 129 discharged the plan administrator while preserving limited wind-down duties, including final distributions and handling unclaimed funds.

Creativemass Holdings’ Subchapter V case closed on April 8, 2026, under a final decree Dkt. 129 that also discharged the plan administrator, subject to limited ministerial duties. In the motion for the decree Dkt. 125, the administrator reported that distributions to holders of allowed claims and equity interests had been made or provided for.

Creativemass and affiliate Creativemass Enterprises US LLC filed their jointly administered Chapter 11 cases on April 14, 2025. The first-day declaration Dkt. 8 described dormant holding companies seeking to distribute assets from the liquidation of their Australian wealth-management software subsidiary. Rising costs and a failed capital raise preceded the subsidiary’s entry into administration in March 2023; a Delaware assignment for the benefit of creditors was denied in November 2024.

The court confirmed the joint liquidation plan Dkt. 88 on May 29, 2025, and the debtors’ effectiveness notice Dkt. 100 reported that it became effective and was substantially consummated on June 13, 2025. The plan provided for full cash payment of allowed unsecured noteholder and general unsecured claims, with remaining assets distributed pro rata to equity holders. The amended plan Dkt. 72 identified cash on hand and an anticipated Australian liquidation dividend as sources of distributions; the expected dividend was not itself a completed recovery.

The final decree retained the court’s jurisdiction over plan-related matters and left the administrator responsible for limited tasks, including tax returns, final distributions and unclaimed funds. It also terminated Stretto’s claims-agent employment subject to specified wind-down duties.