55 Alhambra Plaza ∙ Suite 800 ∙ Coral Gables, Florida 33134 ∙ T. 305.722.2002 ∙ www.agentislaw.com

UNITED STATES BANKRUPTCY COURT

SOUTHERN DISTRICT OF FLORIDA

MIAMI DIVISION

www.flsb.uscourts.gov

In re:

HARRY B. GREENHOUSE,

Debtor. /

Case No.: 21-12844-AJC

Chapter 11

CHAPTER 11 CASE MANAGEMENT SUMMARY

In compliance with Local Rule 2081-1(B), the above-captioned debtor-in-possession, 

Harry B. Greenhouse (the “Debtor”), by and through undersigned proposed counsel,1files this

Chapter 11 Case Management Summary and states:

The following data represents approximations for background information only and 

the information may represent the Debtor’s best estimate as of the date herein.

1. Filing of petition: On Friday, March 26, 2021 (the “Petition Date”), the Debtor 

filed a voluntary petition for relief under Subchapter V of Chapter 11 of the Bankruptcy Code 

initiating the above captioned case.

2. Related debtors: None.

3. Description of Debtor’s business: The Debtor is an individual operating his affairs 

as an independent entrepreneur, managing his various investments in online ventures and minority 

interests in business entities. 

4. Locations of debtor’s operations and whether the business premises are

leased or owned: The Debtor is legally married to his wife of eight years, Olivia Sampaio 

Greenhouse (Non-Debtor Spouse”), however, a petition for dissolution of marriage was filed in 

 

1

 The Debtor filed the Debtor’s Emergency Application for Approval, in an Interim and Final Basis, of Employment 

of Robert P. Charbonneau, Esq. and the Law Firm of Agentis PLLC as General Bankruptcy Counsel for the DebtorIn-Possession as of the Petition Date. [ECF #9]

Case 21-12844-AJC Doc 17 Filed 03/31/21 Page 1 of 6
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the Miami Dade Circuit Court shortly before the commencement of this case. The Debtor and the 

Non-Debtor Spouse have two minor children. On the Petition Date, the Debtor and his family were 

residing at a leased single family home located at 1217 Andora Avenue, Coral Gables, Florida 

33146 (the “Andora Property”). The Debtor’s original lease agreement for the Andora Property 

expired on or around July of 2020. The Debtor and his family continued to occupy the Andora 

Property on a month to month basis, until the landlord required that the Debtor vacate the premises 

by April 1, 2021. The Non-Debtor Spouse has leased new residential premises to be occupied by 

the Non-Debtor Spouse and the minor children as of April 1, 2021. Prepetition, the Debtor 

executed a residential condominium lease agreement with the Life Time Living Community 

located at 235 S Dixie Highway #A1306, Coral Gables, Florida 33133, commencing on May 1, 

2021. While the Debtor often works from home, he also operates out of a co-working/shared 

business space known as Bṻro located at 2980 McFarlane Road, Miami, FL 33133 (the “Business 

Premises”), subject to a month to month lease. The Debtor bears no relationship to any of his 

landlords, other than pursuant to their respective lease agreements. 

5. Reasons for filing Chapter 11: Pre-petition, the Debtor and his largest creditor, 

Polychain Fund I LP (“Polychain”), were involved in an arbitration proceeding in the Northern 

District of California, which resulted in an award of approximately $4.2 million in favor of 

Polychain and against the Debtor. The Debtor is unable to satisfy this award from his current 

income and assets, and requires the imposition of the automatic stay in order to negotiate a plan of 

reorganization. 

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6. List of officers and directors, and their salaries and benefits at the time of filing 

and during the year prior to the filing:

Officer/Director Annual 

Compensation

Benefits at Filing Benefits for Prior 

Year

Not Applicable

7. Debtor’s fiscal or calendar year to date gross income and Debtor’s gross 

income for the calendar or fiscal year prior to the filing of the petition:

January 1, 2019 to year ending December 31, 2019: $-131,337.002

January 1, 2020 to year ending December 31, 2020: $1,394.334.003

January 1, 2021 to Petition Date: $408,499.21.

4

8. Amounts owed to various creditors:

a. Obligations owed to priority creditors, including priority tax obligations:

approximately $451,220.00.

5

b. With respect to creditors holding secured claims, the name of and amounts 

owed to such creditors and a description and estimated value of all collateral 

of the debtor securing their claims NONE.

c. Amount of undisputed general unsecured claims: approximately 

$5,392,087.74.

9. General description and approximate value of the Debtor’s assets: Over the 

years, the Debtor acquired a number of minority interests in limited liability companies and joint 

ventures. The Debtor also maintains investments in certain non-fungible tokens (“NFT”),

including digital basketball cards. Valuing the Debtor’s interests in the joint ventures and limited 

liability companies presents a significant challenge because of the Debtor’s minority interests in 

 

2 As per existing 2019 IRS Tax Return which shall be amended shortly.

3

 Based upon current 2020 Pro Forma Tax Return. 

4

 Based upon unaudited financials through March 31, 2021.

5 Estimated and potentially subject to set-off in light of pending IRS Tax Refunds. Monthly Domestic Support 

Obligations owed to Non-Debtor Spouse are current through the end of April 2021.

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55 Alhambra Plaza ∙ Suite 800 ∙ Coral Gables, Florida 33134 ∙ T. 305.722.2002 ∙ www.agentislaw.com

these entities, in addition to the Debtor’s several unfunded capital calls. The Debtor’s investments 

in online NFTs are similarly difficult to value in light of their small market, highly volatile nature

and susceptibility to manipulation by certain larger market makers. Accordingly, the value of the 

Debtor’s assets are unknown at this time, however, are believed to be somewhere in the range of 

approximately $1,000,000 - $5,000,000.

10. List of all insurance policies, the property covered under the policy, the name 

of the insurer, the policy number, amount of coverage, whether the premium is current, the 

date the next premium is due, and date the policy expires: 

Policy# Type Current/Past 

Due

Annual 

Premium Due Expires

None

11. Number of employees, independent contractors, and amounts of wages owed 

as of petition date: Not applicable, as Debtor is an individual.

12. Status of Debtor’s payroll and sales tax obligations: Not applicable, as Debtor 

is an individual and not responsible for payroll tax obligations and is not responsible for collecting 

sales taxes.

13. Anticipated emergency or expedited relief to be requested within 14 days of 

the Petition Date:

a. Application for Approval, on an Interim and Final Basis, of Employment of 

Robert P. Charbonneau, Esq. and the Law Firm of Agentis PLLC as General 

Bankruptcy Counsel for the Debtor-In-Possession as of the Petition Date

[ECF# 9].

b. Debtor’s Emergency Motion for the Imposition of Procedures for and the 

Maintenance of Certain Existing Cash Management Systems 

c. Application for Approval, on an Interim and Final Basis, of Employment of 

Russell Fox, E.A. and Clayton Financial and Tax as Tax Professional for 

the Debtor-In-Possession as of the Petition Date.

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55 Alhambra Plaza ∙ Suite 800 ∙ Coral Gables, Florida 33134 ∙ T. 305.722.2002 ∙ www.agentislaw.com

Respectfully submitted:

 

By: Harry B. Greenhouse 

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55 Alhambra Plaza ∙ Suite 800 ∙ Coral Gables, Florida 33134 ∙ T. 305.722.2002 ∙ www.agentislaw.com

CERTIFICATE OF SERVICE

I HEREBY CERTIFY that a true and correct copy of the foregoing was served via 

transmission of Notices of Electronic Filing generated by CM/ECF to those parties registered to 

receive electronic notices of filing in this case on this 31st day of March 2021.

AGENTIS PLLC

Proposed Counsel for Debtor-in-Possesion 

55 Alhambra Plaza, Suite 800

Coral Gables, Florida 33134

T. 305.722.2002

www.agentislaw.com

By: /s/ Robert P. Charbonneau

Robert P. Charbonneau

Florida Bar No: 968234

rpc@agentislaw.com

Nicole Grimal Helmstetter

Florida Bar No: 869337

ngh@agentislaw.com

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