Cases
Cases
Sea Oaks is pursuing a court-approved sale process alongside a proposed liquidation plan. Qualified bids are due November 13, 2026, with an auction scheduled for December 10 if needed under the bidding procedures order Dkt. 94; a plan scheduling status conference is set for December 11.
Sea Oaks Condominium Council of Co-Owners is pursuing a sale of the condominium property under court-approved bidding procedures and has proposed a liquidation plan. The October 13 bidding procedures order Dkt. 94 sets a November 13, 2026 qualified-bid deadline and a December 10 auction if needed. A sale remains subject to a later approval process and a final, unappealable order in the proceedings to authorize a joint sale under section 363(h).
The South Carolina nonprofit association filed for Chapter 11 under Subchapter V on June 26, 2026. Its petition and attached resolutions Dkt. 1 describe member authorization to pursue a property sale and a potential dissolution, as well as the suspension of occupancy and reservations and the use of reserves for operating costs.
Under the September 24 proposed plan Dkt. 84, sale proceeds, cash reserves and other estate assets would fund payment in full of allowed priority and general unsecured claims. After claims are paid and a wind-down reserve is funded, members would receive a pro rata share of remaining proceeds and reserves, less unpaid fees. The plan proposes dissolution after the final distribution. The debtor says the amount of sale proceeds attributable to it and the timing of distributions remain uncertain.
The court postponed entry of a plan scheduling order and set a December 11 status conference Dkt. 99 to discuss its timing. In its September operating report Dkt. 97, Sea Oaks reported $1,670,407.40 in month-end cash and $22,002.61 in postpetition payables.
Updated Nov 3
| Week | Filings |
|---|---|
| Week of Jun 22, 2026 | 13 |
| Week of Jun 29, 2026 | 14 |
| Week of Jul 6, 2026 | 17 |
| Week of Jul 13, 2026 | 6 |
| Week of Jul 20, 2026 | 13 |
| Week of Jul 27, 2026 | 2 |
| Week of Aug 3, 2026 | 6 |
| Week of Aug 10, 2026 | 2 |
| Week of Aug 17, 2026 | 14 |
| Week of Aug 24, 2026 | 1 |
| Week of Aug 31, 2026 | 0 |
| Week of Sep 7, 2026 | 0 |
| Week of Sep 14, 2026 | 4 |
| Week of Sep 21, 2026 | 4 |
| Week of Sep 28, 2026 | 3 |
| Week of Oct 5, 2026 | 1 |
| Week of Oct 12, 2026 | 6 |
| Week of Oct 19, 2026 | 2 |
| Week of Oct 26, 2026 | 2 |
| Week of Nov 2, 2026 | 1 |
| Week of Nov 9, 2026 | 0 |
Case facts and filing dates come from court records.Case docket on PACER