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UNITED STATES BANKRUPTCY COURT 

SOUTHERN DISTRICT OF FLORIDA 

MIAMI DIVISION 

www.flsb.uscourts.gov

In re: 

HARRY BECK GREENHOUSE, 

 Debtor. 

_________________________________/

Chapter 11 

Subchapter V 

Case No. 21-12844-RAM 

POLYCHAIN’S SUBMISSION PURSUANT TO ORDER GRANTING IN PART 

MOTION TO COMPEL AND RESERVING RULING ON SANCTIONS [ECF NO. 318] 

Pursuant to the Court’s Order Granting in Part Motion to Compel and Reserving Ruling on 

Sanctions (the “Order”) [ECF No. 318], which provides that creditors Polychain Partners LLC and 

Polychain Fund I LP (together, “Polychain”) “shall prepare and file a list of all items that have been 

requested from Lee Greenhouse and not produced,” Polychain hereby provides the below list of items 

requested from Lee Greenhouse but not produced. [Id.] 

In its April 14, 2021 Rule 2004 document requests, Polychain requested that Lee Greenhouse 

produce “[a]ll documents from January 1, 2018 to present regarding any entities in which both Lee 

Greenhouse and Debtor have an interest” as well as “[d]ocuments regarding any limited liability 

company, limited partnership, partnership, general partnership, or similar domestic or foreign corporate 

entity managed or controlled by Lee Greenhouse in which Debtor has any interest.” [ECF No. 44]. 

From Polychain’s review of Lee Greenhouse’s document production to date, the following categories 

of documents are responsive to Polychain’s document requests but have not been produced: 

1. All executed limited partnership agreements with Union Square Ventures or any 

affiliated entity, including:

a. Executed Limited Partnership Agreement of USV Investors 2012 Fund, L.P. 

Case 21-12844-RAM Doc 323 Filed 03/10/22 Page 1 of 8
   

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b. Executed Limited Partnership Agreement of USV 2014, L.P. 

c. Executed Limited Partnership Agreement of USV Investors 2014, L.P. 

d. Executed Limited Partnership Agreement of USV Opportunity Investors 2014, L.P. 

e. Executed Limited Partnership Agreement of USV Investors 2016, L.P. 

f. Executed Limited Partnership Agreement of USV Investors 2019, L.P. 

g. Executed Limited Partnership Agreement of USV Opportunity Investors 2019, L.P. 

2. All communications regarding any of the Union Square Ventures limited partnership 

agreements. 

3. Audited, consolidated financial statements related to any Union Square Ventures fund 

for 2020 and 2021, including: 

a. USV Investors 2012 Fund, L.P., Consolidated Financial Statements for the Year Ended 

December 31, 2020. 

b. USV Investors 2014, L.P. Consolidated Financial Statements for the Year Ended 

December 31, 2020. 

c. USV Opportunity Investors 2014, L.P., Consolidated Financial Statements for the Year 

Ended December 31, 2020. 

d. USV Investors 2016, L.P. Consolidated Financial Statements for the Year Ended 

December 31, 2020 

e. USV Investors 2019, L.P. Consolidated Financial Statements for the Year Ended 

December 31, 2020. 

f. USV Opportunity Investors 2019, L.P. Consolidated Financial Statements for the Year 

Ended December 31, 2021. 

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g. USV Investors 2012 Fund, L.P., Consolidated Financial Statements for the Year Ended 

December 31, 2021. 

h. USV Investors 2014, L.P. Consolidated Financial Statements for the Year Ended 

December 31, 2021. 

i. USV Opportunity Investors 2014, L.P., Consolidated Financial Statements for the Year 

Ended December 31, 2021. 

j. USV Investors 2016, L.P. Consolidated Financial Statements for the Year Ended 

December 31, 2021. 

k. USV Investors 2019, L.P. Consolidated Financial Statements for the Year Ended 

December 31, 2021. 

l. USV Opportunity Investors 2019, L.P. Consolidated Financial Statements for the Year 

Ended December 31, 2021. 

4. Quarterly reports related to any Union Square Ventures fund from Q2 2021 through 

present, including: 

a. USV Investors 2012 Fund, L.P. Quarterly Report for Q2 2021. 

b. USV Investors 2014, L.P. Quarterly Report for Q2 2021. 

c. USV Opportunity Investors 2014, L.P. Quarterly Report for Q2 2021. 

d. USV Investors 2016 L.P. Quarterly Report for Q2 2021. 

e. USV Investors 2019, L.P. Quarterly Report for Q2 2021. 

f. USV Opportunity Investors 2019, L.P. Quarterly Report for Q2 2021. 

g. USV Investors 2012 Fund, L.P. Quarterly Report for Q3 2021. 

h. USV Investors 2014, L.P. Quarterly Report for Q3 2021. 

i. USV Opportunity Investors 2014, L.P. Quarterly Report for Q3 2021. 

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j. USV Investors 2016 L.P. Quarterly Report for Q3 2021. 

k. USV Investors 2019, L.P. Quarterly Report for Q3 2021. 

l. USV Opportunity Investors 2019, L.P. Quarterly Report for Q3 2021. 

m. USV Investors 2012 Fund, L.P. Quarterly Report for Q4 2021. 

n. USV Investors 2014, L.P. Quarterly Report for Q4 2021. 

o. USV Opportunity Investors 2014, L.P. Quarterly Report for Q4 2021. 

p. USV Investors 2016 L.P. Quarterly Report for Q4 2021. 

q. USV Investors 2019, L.P. Quarterly Report for Q4 2021. 

r. USV Opportunity Investors 2019, L.P. Quarterly Report for Q4 2021. 

5. All communications related to the Greenhouse USV Joint Ventures1

 or any Union 

Square Ventures fund or affiliated entity, including but not limited to2: 

a. November 12, 2021 letter from Union Square Ventures to Greenhouse USV 2012 Joint 

Venture. 

b. November 18, 2021 letter from Union Square Ventures to Greenhouse USV 2016 Joint 

Venture. 

c. December 17, 2021 letter from Union Square Ventures to Greenhouse USV 2019 Joint 

Venture. 

1 “Greenhouse USV Joint Ventures” shall include Greenhouse USV 2012 Joint Venture, Greenhouse USV 2014 

Joint Venture, Greenhouse USV 2014 Opportunity Joint Venture, Greenhouse USV 2016 Joint Venture, and 

Greenhouse USV 2019 Joint Venture. 

2 Counsel for Polychain met and conferred with counsel for Lee Greenhouse on February 28, 2021 regarding the 

production of documents and communications created after the issuance of Polychain’s Rule 2004 document 

requests. While counsel for Lee Greenhouse objected that as a third-party Lee Greenhouse did not have an 

ongoing obligation to produce newly created documents, even if responsive, he nonetheless agreed to produce 

such documents including but not limited to those identified paragraphs 5, 6, 10 and 11. 

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d. December 17, 2021 letter from Union Square Ventures to Greenhouse USV 2019 Joint 

Venture. 

e. December 22, 2021 letter from Union Square Ventures to Greenhouse USV 2019 Joint 

Venture. 

f. January 17, 2022 letter from Union Square Ventures to Greenhouse USV 2014 Joint 

Venture. 

g. January 17, 2022 letter from Union Square Ventures to Greenhouse USV 2019 Joint 

Venture. 

6. Unredacted copies of the following letters from Union Square Ventures to Lee 

Greenhouse and/or the Greenhouse USV Joint Ventures: 

a. November 12, 2020 letter from Union Square Ventures to Greenhouse USV 2012 Joint 

Venture. 

b. June 10, 2021 letter from Union Square Ventures to the Greenhouse USV 2014 Joint 

Venture. 

c. June 30, 2021 letter from Union Square Ventures to Greenhouse USV 2014 Joint Venture. 

d. August 25, 2021 letter from Union Square Ventures to Greenhouse USV 2012 Joint 

Venture. 

7. Capital account statements issued by Lee Greenhouse and/or the Greenhouse USV Joint 

Ventures for any of the Greenhouse USV Joint Ventures for Q4 2021. 

8. All distribution statements and letters issued by Lee Greenhouse and/or the Greenhouse 

USV Joint Ventures for any of the Greenhouse USV Joint Ventures in Q4 2021.

9. All distribution statements and letters issued by Lee Greenhouse and/or the Greenhouse 

USV Joint Ventures for any of the Greenhouse USV Joint Ventures in Q1 2022. 

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10. All communications regarding the distribution of funds from Lee Greenhouse and/or the 

Greenhouse USV Joint Ventures to members of the Greenhouse USV Joint Ventures, including but not 

limited to: 

a. November 20, 2021 letter from Lee Greenhouse/Greenhouse USV Joint Ventures to 

members of the Greenhouse USV Joint Ventures. 

b. December 28, 2021 letter from Lee Greenhouse/Greenhouse USV Joint Ventures to 

members of the Greenhouse USV Joint Ventures. 

c. January 7, 2022 letter from Lee Greenhouse/Greenhouse USV Joint Ventures to Harry 

Greenhouse. 

d. January 21, 2022 letter from Lee Greenhouse/Greenhouse USV Joint Ventures to members 

of the Greenhouse USV Joint Ventures. 

11. All correspondence between Lee Greenhouse and/or his counsel, Richard A. Saldinger, 

and Debtor and/or Debtor’s counsel at Buchanan Ingersoll & Rooney PC, including but not limited to: 

a. January 24, 2022 letter from Nicole Helmstetter to Lee Greenhouse. 

b. February 1, 2022 letter from Richard A. Saldinger to Nicole Helmstetter. 

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 

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CERTIFICATE OF SERVICE 

I HEREBY CERTIFY that a true and correct copy of the foregoing was served on March 10, 

2022, via the Court’s Notice of Electronic Filing upon Registered Users listed on the attached Exhibit 

1, served via U.S. Mail upon the parties listed on the attached Manual Notice; and served via U.S. Mail 

and electronic mail upon Richard A. Saldinger, Esq., counsel for Lee Greenhouse, Landsman Saldinger 

Carroll, 161 N. Clark Street, Suite 1600, Chicago, IL 60601; saldinger@lsclegal.com. 

Respectfully submitted, 

By: /s/James C. Moon 

James C. Moon, Esq. 

Florida Bar No. 938211 

jmoon@melandbudwick.com

MELAND BUDWICK, P.A. 

3200 Southeast Financial Center 

200 South Biscayne Boulevard 

Miami, FL 33131 

Telephone: (305) 358-6363 

Facsimile: (305) 358-1221 

Local Bankruptcy Counsel for Polychain 

Partners LLC (f/k/a Polychain 2030 LLC) and 

Polychain Fund I LP 

-andBRAUNHAUGEY & BORDEN LLP 

J. Noah Hagey (admitted pro hac vice) 

Andrew Levine (admitted pro hac vice) 

315 California Street, 10th Floor 

San Francisco, CA 94104 

Tel. & Fax: (415) 599-0210 

Email: hagey@braunhagey.com

Email: levine@braunhagey.com

Pratik Ghosh (admitted pro hac vice) 

7 Times Square, 27th Floor 

New York, NY 10036-6524 

Tel. & Fax: (646) 829-9403 

Email: ghosh@braunhagey.com

Counsel for Polychain Partners LLC (f/k/a 

Polychain 2030 LLC) and Polychain Fund I LP 

Case 21-12844-RAM Doc 323 Filed 03/10/22 Page 7 of 8
Electronic Mail Notice List

The following is the list of parties who are currently on the list to receive email notice/service 

for this case. 

 Ido J Alexander ija@lsaslaw.com, 

info@lsaslaw.com;aslawpllc@ecf.inforuptcy.com;mjg@lsaslaw.com;ah@lsaslaw.com;jb@lsa

slaw.com;zbs@lsaslaw.com 

 John D Emmanuel John.emmanuel@bipc.com, 

Sabrina.storno@bipc.com;eService@bipc.com 

 Nicole Grimal Helmstetter Nicole.helmstetter@bipc.com, 

marilee.tamesolmedo@bipc.com;tabitha.pellegrene@bipc.com;kimberly.ecker@bipc.com 

 Linda M Leali lleali@lealilaw.com, featon@lealilaw.com 

 Linda Marie Leali trustee@lealilaw.com, F005@ecfcbis.com;lkennedy@lealilaw.com 

 James C. Moon jmoon@melandbudwick.com, 

ltannenbaum@melandbudwick.com;mrbnefs@yahoo.com;jmoon@ecf.courtdrive.com;ltannen

baum@ecf.courtdrive.com;phornia@ecf.courtdrive.com 

 Office of the US Trustee USTPRegion21.MM.ECF@usdoj.gov 

 Steven D Schneiderman Steven.D.Schneiderman@usdoj.gov 

Manual Notice List 

The following is the list of parties who are not on the list to receive email notice/service for this 

case (who therefore require manual noticing/service). 

American Express National Bank

c/o Becket and Lee LLP 

PO Box 3001 

Malvern, PA 19355-0701 

Russell Fox

Clayton Financial and Tax LLC 

222 S Rainbow Blvd #205 

Las Vegas, NV 89145 

Soneet Kapila

c/o Kapila & Company 

1000 South Federal Highway, Suite 200 

Fort Lauderdale, FL 33316 

Lewis & Associates, CPA's, LLC

Terry K Lewis, Manager 

528 E Willow Springs Lane 

Draper, UT 84020 

Exhibit 1

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