On February 13, 2024 (the "Petition Date"), petitioning creditors Lendlease (US) Construction Inc., Standard Drywall, Inc., Star Hardware, Inc., Woodbridge Glass Inc., and Mitsubishi Electric US, Inc. (together, the “Petitioning Creditors”) filed the Involuntary Petition for relief under Chapter 11 of the United States Bankruptcy Code against Oceanwide Plaza, LLC (the "Alleged Debtor").  The Debtor's bankruptcy case is pending under Case No. 24-11057 before the Honorable Deborah J. Saltzman in the United States Bankruptcy Court for the Central District of California (the "Bankruptcy Court"). On March 8, 2024, the Debtor answered the Involuntary Petition and consented to entry of an order for relief. On March 11, 2024 (the “Relief Date”), the Court issued the Order for Relief (the “Relief Order”).

For immediate information about the bankruptcy case, ask Stretto Conductor. Additional information about the bankruptcy cases may be obtained by calling the case information line at 888.808.1469 (Toll-Free) or 949.358.6856 (International). You may also submit an inquiry via email by clicking HERE.

Debtors

Case No. Debtor Name
24-11057 Oceanwide Plaza LLC

Dates

Voting Deadline March 20, 2026 (12:00 PM PT)

Objection Deadline for Final Approval and Confirmation March 20, 2026 (12:00 PM PT)

Debtor's Reply Deadline March 26, 2026 (12:00 PM PT)

Meeting of Creditors

Pursuant to section 341 of the Bankruptcy Code, the Meeting of Creditors took place on May 21, 2024 at 1:00 p.m. (PT). The meeting was held telephonically.

Notice of Telephonic Section 341 Meeting

Dial-in Number: 866.811.2961
Participant Code: 9609127#
United States Bankruptcy Court
Central District of California

Professionals

Debtor's Counsel BRYAN CAVE LEIGHTON PAISNER LLP

Chief Restructuring Officer DEVELOPMENT SPECIALISTS, INC.

Debtor’s Financial Advisor BRILEY FINANCIAL

Court Information

United States Bankruptcy Court
Central District of California

Edward R. Roybal Federal Building and U.S. Courthouse
255 East Temple Street
Los Angeles, CA 90012

Telephone: 855-460-9641

Press Release

Oceanwide Press Release - 2.23.26

 

For all Press Release related inquiries, please contact the following parties:

Nathan Miller - nathan@miller-ink.com

Tamara Weston - tamara@miller-ink.com

DIP Financing or Sale Process Inquiries

For questions regarding the DIP Financing or Sale Process, please contact Eric Held, Senior Managing Director at DSI Consulting - eheld@dsiconsulting.com or 213.617.2717.