UNOPPOSED MOTION TO EXTEND DEADLINE TO FILE RESPONSE TO FDIC MOTION

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  • 7/30/2019 UNOPPOSED MOTION TO EXTEND DEADLINE TO FILE RESPONSE TO FDIC MOTION

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    UNITED STATES BANKRUPTCY COURT

    FOR THE DISTRICT OF COLORADO

    In re: )

    )

    UNITED WESTERN BANCORP, INC. ) Case No. 12-13815 ABC) Chapter 11

    Debtor. )

    ______________________________________ )

    )

    In re: )

    )

    MATRIX BANCORP TRADING, INC. ) Case No. 12-13822 ABC

    ) Chapter 11

    Debtor. )

    ______________________________________ )

    )In re: )

    )

    MATRIX FUNDING CORP. ) Case No. 12-13824 ABC

    ) Chapter 11

    Debtor. )

    ) Jointly Administered Under

    ) Case No. 12-13815 ABC

    DEBTORS UNOPPOSED MOTION TO EXTEND DEADLINE

    TO FILE RESPONSE TO FDIC MOTION

    UNITED WESTERN BANCORP, INC. (UWBK); MATRIX BANCORP TRADING,

    INC. (MBT); and MATRIX FUNDING CORP. (MF), Debtors-in-Possession herein (together,

    the Debtors), by and through their counsel, Sender Wasserman Wadsworth, P.C., respectfully

    submit their Unopposed Motion to Extend Deadline to File a Response to FDIC Motion. In support

    thereof, the Debtors state as follows:

    1. The Federal Deposit Insurance Corporation, as Receiver for United Western Bank

    (FDIC-Receiver), filed its to Motion of the Federal Deposit Insurance Corporation as Receiver for

    an Order Pursuant to 105 and 363 of the Bankruptcy Code Regarding Establishment of aSegregated Joint Account (Motion) on November 14, 2012. Therein, the FDIC-Receiver seeks

    authority to establish a segregated account to hold tax refunds which, according to the FDIC-

    Receiver, are property of the FDIC-Receiver and which, according to Debtor UWBK, are property

    of its bankruptcy estate.

    2. The deadline for filing an objection to the Motion is November 27, 2012.

    1

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    3. Since the filing of the Motion, Debtors counsel and counsel for the FDIC-Receiver

    have been actively engaged in discussions about how to resolve the matter.

    4. Debtors believe the parties will be able to settle the matter without seeking a

    determination from the Court; however, the parties need additional time to discuss and agree upon

    the terms of a stipulation.

    5. The FDIC-Receiver does not oppose a one-week extension of the objection deadline

    for this purpose.

    WHEREFORE, the Debtors respectfully move the Court for a one-week extension of

    deadline for objecting to the Motion to December 4, 2012, and for such other and further relief as the

    Court deems proper.

    Dated this 26th

    day of November, 2012.

    Respectfully submitted,

    SENDER WASSERMAN WADSWORTH, P.C.

    /s/ Harvey Sender

    _____________________________

    Harvey Sender, #7546

    David J. Warner, #38708

    1660 Lincoln Street, Suite 2200

    Denver, Colorado 80264

    (303) 296-1999 /Fax: (303) 296-7600

    [email protected]@sendwass.com

    ATTORNEYS FOR THE DEBTORS

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    UNITED STATES BANKRUPTCY COURT

    FOR THE DISTRICT OF COLORADO

    In re: )

    )

    UNITED WESTERN BANCORP, INC. ) Case No. 12-13815 ABC

    ) Chapter 11

    Debtor. )

    ______________________________________ )

    )

    In re: )

    )

    MATRIX BANCORP TRADING, INC. ) Case No. 12-13822 ABC

    ) Chapter 11

    Debtor. )

    ______________________________________ )

    )

    In re: )

    )MATRIX FUNDING CORP. ) Case No. 12-13824 ABC

    ) Chapter 11

    Debtor. )

    ) Jointly Administered Under

    ) Case No. 12-13815 ABC

    ORDER GRANTING DEBTORS UNOPPOSED MOTION TO EXTEND DEADLINE TO

    FILE RESPONSE TO FDIC MOTION

    THIS MATTER having come before the Court on the Debtors Unopposed Motion to ExtendDeadline to File Response to FDIC Motion, and the Court, having reviewed and considered any

    responses or objections thereto, hereby

    FINDS that good cause exists to extend the deadline for filing objections to the Motion of the

    Federal Deposit Insurance Corporation as Receiver for an Order Pursuant to 105 and 363 of the

    Bankruptcy Code Regarding Establishment of a Segregated Joint Account. The Court therefore

    ORDERS the Debtors Motion for a one-week extension is GRANTED. The deadline for filing

    an objection to the Motion of the Federal Deposit Insurance Corporation as Receiver for an Order

    Pursuant to 105 and 363 of the Bankruptcy Code Regarding Establishment of a Segregated Joint

    Account is extended up to and including December 4, 2012.

    DATED this ______ day of _______________________, 2012.

    BY THE COURT:

    ____________________________

    United States Bankruptcy Judge

    Case:12-13815-ABC Doc#:210-1 Filed:11/26/12 Entered:11/26/12 11:49:36 Page1 of 1

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    UNITED STATES BANKRUPTCY COURT

    FOR THE DISTRICT OF COLORADO

    In re: )

    )

    UNITED WESTERN BANCORP, INC. ) Case No. 12-13815 ABC) Chapter 11

    Debtor. )

    ______________________________________ )

    )

    In re: )

    )

    MATRIX BANCORP TRADING, INC. ) Case No. 12-13822 ABC

    ) Chapter 11

    Debtor. )

    ______________________________________ )

    )In re: )

    )

    MATRIX FUNDING CORP. ) Case No. 12-13824 ABC

    ) Chapter 11

    Debtor. )

    ) Jointly Administered Under

    ) Case No. 12-13815 ABC

    CERTIFICATE OF SERVICE

    I hereby certify that on this 26th day of November, 2012, true and correct copies of

    the foregoing DEBTORS UNOPPOSED MOTION TO EXTEND DEADLINE TO FILE

    RESPONSE TO FDIC MOTION were placed in the United States mail, postage prepaid,

    addressed to the following:

    United Western Bancorp, Inc.

    12301 Grant Street

    Suite 110

    Thornton, CO 80241

    Matrix Bancorp Trading, Inc.

    12301 Grant Street

    Suite 110

    Denver, CO 80241

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    Matrix Funding Corp.

    12301 Grant Street

    Suite 110

    Thornton, CO 80241

    US Trustee999 18th St.

    Ste. 1551

    Denver, CO 80202

    Alan K. Motes

    United States Trustee Program

    999 18th St., Ste. 1551

    Denver, CO 80202

    Jarrod Martin

    999 18th St.Ste. 1551

    Denver, CO 80202

    Ethan Birnberg

    600 17th St., Ste. 1800

    Denver, CO 80202

    Angela D. Dodd

    175 W. Jackson Blvd.

    Ste. 900

    Chicago, IL 60604

    Jessica Kumar

    155 N. Wacker Dr., Ste. 3200

    Chicago, IL 60606

    Joel Laufer

    5290 DTC Pkwy,

    Ste. 150

    Englewood, CO 80111

    Jeffrey M. Lippa1200 17th St.

    Ste. 2400

    Denver, CO 80202

    2

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    Brendon C. Reese

    1525 Sherman St.

    7th Fl.

    Denver, CO 80203

    Jared S. RoachReed Smith, LLP

    225 Fifth Avenue

    Pittsburgh, PA 15222

    Matthew D. Skeen

    P.O. Box 218

    Georgetown, CO 80444

    Paul G. Urtz

    1660 Lincoln St.

    Ste. 2850Denver, CO 80264

    John F. Young

    1700 Lincoln St.

    Ste. 4000

    Denver, CO 80203

    /s/ Chanda M. Bratton

    ________________________________For Sender Wasserman Wadsworth, P.C.

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    Case:12-13815-ABC Doc#:210-2 Filed:11/26/12 Entered:11/26/12 11:49:36 Page3 of 3