Zen JV, LLC — Entry #629: Chapter 11 Post-Confirmation Report for the Quarter Ending: 09/30/2026 Filed by Liquidation Trustee
Case: Zen JV, LLC deb · 25-11195
filed June 24, 2025
What this document is
Docket entry #629 · filed October 21, 2026
Chapter 11 Post-Confirmation Report for the Quarter Ending: 09/30/2026 Filed by Liquidation Trustee. (Hartlipp, Melissa)
Who is involved
- Liquidation Trustee
- Official Committee of Unsecured Creditors
- Omni Agent Solutions, Inc.
- Reliable Companies
- U.S. Trustee
- Zen JV, LLC
Why we have it
We follow this case because it names a company we track, although that company is not a party:
- Marathon Digital: its project “Findlay” appears in a filing in this case.
…Findlay OH 45840 US R…
- CoreWeave: its name “CoreWeave” appears in a filing in this case.
…BakerHughes BKR 42.87 0.07 CME Group CME 270.41 -3.51 CoreWeave CRWV 96.80 -3.17 EnsignGroup ENSG 164.06 -2.11…
A free copy from the RECAP archive of federal court filings (mirrored at the Internet Archive), retrieved October 29, 2026. Federal court filings are public records.
Document text
10 page(s), 6,218 characters, read from page images by OCR, so expect some character errors · plain text.
Full text
Case 25-11195-JKS Doc629 Filed 10/21/26 Page 1 of 10 UNITED STATES BANKRUPTCY COURT IN THE DISTRICT OF DELAWARE In re: Zen JV, LLC § Case No. 25-11195 : Lead Case No. 25-11195 Debtor(s) S Jointly Administered Post-confirmation Report Chapter 11 Quarter Ending Date: 09/30/2026 Petition Date: 06/24/2025 Plan Confirmed Date: 10/07/2025 Plan Effective Date: 10/14/2025 This Post-confirmation Report relates to: (~ Reorganized Debtor @ Other Authorized Party or Entity: Zen JV, LLC Name of Authorized Party or Entity /s/: Melissa M. Hartlipp Melissa M. Hartlipp Signature of Responsible Party Printed Name of Responsible Party 10/21/2026 Date 500 Delaware Avenue Suite 600 Wilmington, DE 19801 Address STATEMENT: This Periodic Report is associated with an open bankruptcy case; therefore, Paperwork Reduction Act exemption 5 C.F.R. $ 1320.4(a)(2) applies. UST Form 11-PCR (12/01/2021) - Mac Case 25-11195-JKS Doc629 Filed 10/21/26 Page 2 of 10 Debtor's Name Zen JV, LLC Case No. 25-11195 Part 1: Summary of Post-confirmation Transfers Total Since Current Quarter Effective Date a. Total cash disbursements $0 $5,777,592 b. Non-cash securities transferred $0 $0 c. Other non-cash property transferred $0 $0 d. Total transferred (a+b+c) $0 $5,777,592 Part 2: Preconfirmation Professional Fees and Expenses Approved Approved | Paid Current Paid Current Cumulative Quarter Cumulative a. eee by pied he Sharia dnoensio ical $0| $13,362,496 $0| $13,362,496 Itemized Breakdown by Firm Firm Name Role i Latham & Watkins LLP Co-Counsel $0| $3,904,285 $0} $3,904,285 ii AlixPartners, LLP Financial Professional $0| $2,029,039 $0} $2,029,039 iii PJT Partners Financial Professional $0 $4,588,078 $0 $4,588,078 iv Richards, Layton & Finger, PA |Co-Counsel $0 $2,196,400 $0| $2,196,400 Vv Forvis Mazars LLP Other $0 $165,000 $0 $165,000 vi Omni Agent Solutions, Inc. Other $0 $479,694 $0 $479,694 vii ix xi xii xiv xv xvi XVii xix xx Xxi xxii xxiv XXV XXvi xxvii Xxix UST Form 11-PCR (12/01/2021) - Mac Case 25-11195-JKS Doc629 Filed 10/21/26 Page 3 of 10 Debtor's Name Zen JV, LLC Case No. 25-11195 xxx xoxxi ».0.0.05) Xxxiv xOKKV XxXxvi XXXVI al EVE) Se) ee ese eer oe UST Form 11-PCR (12/01/2021) - Mac 3 Case 25-11195-JKS Doc629 Filed 10/21/26 Page 4 of 10 Debtor's Name Zen JV, LLC Case No. 25-11195 Ixxxvil Ixxxvii xc XCi xcii xciii XCiV XCV xcvi xcvii XCViil XCix Approved Approved | Paid Current Paid Current Cumulative Quarter Cumulative b. Professional fees & expenses (nonbankruptcy) $0 $0 $0 incurred by or on behalf of the debtor Aggregate Total Itemized Breakdown by Firm Firm Name Role UST Form 11-PCR (12/01/2021) - Mac 4 Case 25-11195-JKS Doc629 Filed 10/21/26 Page 5 of 10 Debtor's Name Zen JV, LLC Case No. 25-11195 Z]*]R]é]e st UST Form 11-PCR (12/01/2021) - Mac é Case 25-11195-JKS Doc629 Filed 10/21/26 Page 6 of 10 Debtor's Name Zen JV, LLC Case No. 25-11195 PEE HTRIATE/EE) SUES] B)H/B)E|H/Z/E)S/@|2/B/B FSi Rialere) S/S 6) =o) le Ixxxvii 1 aid lxxxix xc UST Form 11-PCR (12/01/2021) - Mac Case 25-11195-JKS Doc629 Filed 10/21/26 Page 7 of 10 Debtor's Name Zen JV, LLC Case No. 25-11195 xci xcii Xciii xciv XCV xcvi xcvii xcvili xcix c ci c. All professional fees and expenses (debtor & committees) $14,748,330 $0} $14,748,330 Total Anticipated % Paid of Payments Paid Current Allowed Under Plan Quarter Paid Cumulative Allowed Claims Claims a. Administrative claims $900,000 $80,608 $495,738 $495,738 100% b. Secured claims $33,598,959 $0 $33,598,959 $33,598,959 100% c. Priority claims $6,700,000 $43,286 $730,469 $730,469 100% d. General unsecured claims $2,600,000 $0 $0 $0 0% e. Equity interests $0 $0 $0 a. Is this a final report? YesC Noe If yes, give date Final Decree was entered: If no, give date when the application for Final Decree is anticipated: 12/31/2027 b. Are you current with quarterly U.S. Trustee fees as set forth under 28 U.S.C. § 1930? Yes @ No(” UST Form 11-PCR (12/01/2021) - Mac ¥ Case 25-11195-JKS Doc 629 Filed 10/21/26 Page 8 of 10 Debtor's Name Zen JV, LLC Case No. 25-11195 Privacy Act Statement 28 U.S.C. § 589b authorizes the collection of this information and provision of this information is mandatory. The United States Trustee will use this information to calculate statutory fee assessments under 28 U.S.C. § 1930(a)(6) and to otherwise evaluate whether a reorganized chapter 11 debtor is performing as anticipated under a confirmed plan. Disclosure of this information may be to a bankruptcy trustee when the information is needed to perform the trustee's duties, or to the appropriate federal, state, local, regulatory, tribal, or foreign law enforcement agency when the information indicates a violation or potential violation of law. Other disclosures may be made for routine purposes. For a discussion of the types of routine disclosures that may be made, you may consult the Executive Office for United States Trustee's systems of records notice, UST-001, "Bankruptcy Case Files and Associated Records." See 71 Fed. Reg. 59,818 et seq. (Oct. 11, 2006). A copy of the notice may be obtained at the following link: http://www_justice.gov/ust/eo/rules_regulations/index.htm. Failure to provide this information could result in the dismissal or conversion of your bankruptcy case, or other action by the United States Trustee. 11 U.S.C. § 1112(b)(4)(F). I declare under penalty of perjury that the foregoing Post-confirmation Report and its attachments, if any, are true and correct and that I have been authorized to sign this report. /s/: Steven Balasiano Steven Balasiano Signature of Responsible Party Printed Name of Responsible Party Zen JV Liquidation Trustee 10/21/2026 Title Date UST Form 11-PCR (12/01/2021) - Mac 8 7 oO a ie a oO q ———————— SS Se OSS See FS —— == = -— o me By Ex ec s Ss 8 RO S apt MMSRU CNVO A A a) SSS SS SS ee | _ 4 SS ee So SSS CSS SS Ses SS a | : : i ——— eS | s SS = | ee © a Oo — w — - — wo LL = we] x ¢ : e =, — o~ ——=—_ A 4 oS pam, — o [= % al —————— = “ rae 8 8 & S == SS | SS = | | | F = | = ESS SS SS : , | ey — Ss 1 — = — E=_ = a SS — — — — : A) ed — —— > oO : = ——_ «se ESS ee S 5 SS == = ) | . , !