FORM 1

INDIVIDUAL ESTATE PROPERTY RECORD AND REPORT

ASSET CASES

Page No:

Asset Fully Administered (FA)/

Gross Value of Remaining Assets

6

Sales/Funds

Received by 

the Estate

4 5

Property

 Abandoned 

OA =§ 554(a) abandon.

Estimated Net Value

(Value Determined by

Trustee,

Less Liens, Exemptions,

and Other Costs)

3

 Petition/

Unscheduled

Value

1 2

Asset Description

(Scheduled and

Unscheduled (u) Property)

Case Name:

Case No.: 19-25887

IDL HOLDINGS LLC

Trustee Name:

Date Filed (f) or Converted (c): 11/26/2019 (f)

For the Period Ending: §341(a) Meeting Date: 

Claims Bar Date:

03/31/2022

Nicole Testa Mehdipour, Trustee

01/03/2020

02/04/2020

 1

Ref. #

1 Chase Bank Checking 6230 $698.00 $381.00 $381.00 FA

2 Sale of Insight Diagnostics LLC membership $1,488,653.02 $1,238,653.02 $0.00

units to Tucker National Labs, LLC.

$1,488,653.02

Asset Notes: Trustee filed an adversary against this asset. Adversary 21-01378

3 Claim against Tucker National Labs for $100,000.00 $0.00 $0.00

estimated damages Damages - Failure to pay

FA

4 Trustee v. American Express $0.00 $253,900.83 $0.00

Adv. 21-01388

(u) $253,900.83

5 Trustee v. JP Morgan Chase Bank, N.A. $0.00 $98,520.41 $0.00

Adv. 21-01389

(u) $98,520.41

6 Trustee v. Jetblue Airways Corporation $0.00 $35,000.00 $0.00

Adv. 21-01390

(u) $35,000.00

7 Trustee v. Paul Carruth $0.00 $68,296.67 $0.00

Adv. 21-01391

(u) $68,296.67

8 Trustee v. PNC Bank, N.A. $0.00 $53,849.00 $0.00

Adv. 21-01392

(u) $53,849.00

TOTALS (Excluding unknown value) Gross Value of Remaining Assets

$1,589,351.02 $1,748,600.93 $381.00 $1,998,219.93

Major Activities affecting case closing:

Adversary litigation is underway and scheduled to be concluded in the final quarter of 2022.

Claims are being reviewed.

Extension for 2021 taxes was filed.

03/24/2022

03/01/2021 The Chapter 7 Trustee has engaged a financial professional and sent demand letters related to potential avoidance claims. Litigation will be pursued in the latter half of 2021.

The Chapter 7 Trustee has engaged a financial professional (employed by Order dated February 18, 2020 [ECF 21]) and counsel (employed by Order dated February 12, 2020 [ECF 

16]) to review potential avoidance claims. The Trustee’s financial processional is in the process of obtaining and analyzing the Debtors pre-petition financial records.

Tax returns are not required at this time.

02/15/2020

Initial Projected Date Of Final Report (TFR): 12/31/2021 Current Projected Date Of Final Report (TFR): 12/31/2022 /s/ NICOLE TESTA MEHDIPOUR, 

TRUSTEE NICOLE TESTA MEHDIPOUR, 

TRUSTEE

Case 19-25887-EPK Doc 59 Filed 05/09/22 Page 1 of 4
7

Balance

6

Disbursement

$

5

Deposit

$

1

Transaction

Date

2

Check /

Ref. #

Uniform

Tran Code

4

Description of Transaction

3

Paid to/

Received From

Page No: FORM 2

CASH RECEIPTS AND DISBURSEMENTS RECORD

Case Name:

Case No. Trustee Name: 

Bank Name:

Co-Debtor Taxpayer ID #: 

Primary Taxpayer ID #:

Account Title:

Checking Acct #:

For Period Beginning:

For Period Ending:

Blanket bond (per case limit):

Separate bond (if applicable):

19-25887

IDL HOLDINGS LLC

Nicole Testa Mehdipour, Trustee

$52,222,000.00 

******8701

Veritex Community Bank

 1

04/01/2021

03/31/2022

**-***2670

02/02/2020 (1) Chase Bank JP Morgan Chase Turnover of funds in Chase Account 1129-000 $381.00 $0.00 $381.00 

10/30/2020 Veritex Community Bank Bank Service Fee 2600-000 $0.00 $0.63 $380.37 

11/30/2020 Veritex Community Bank Bank Service Fee 2600-000 $0.00 $0.57 $379.80 

12/31/2020 Veritex Community Bank Bank Service Fee 2600-000 $0.00 $0.61 $379.19 

01/29/2021 Veritex Community Bank Bank Service Fee 2600-000 $0.00 $0.61 $378.58 

02/26/2021 Veritex Community Bank Bank Service Fee 2600-000 $0.00 $0.55 $378.03 

03/31/2021 Veritex Community Bank Bank Service Fee 2600-000 $0.00 $0.61 $377.42 

04/30/2021 Veritex Community Bank Bank Service Fee 2600-000 $0.00 $0.62 $376.80 

05/28/2021 Veritex Community Bank Bank Service Fee 2600-000 $0.00 $0.56 $376.24 

06/30/2021 Veritex Community Bank Bank Service Fee 2600-000 $0.00 $0.58 $375.66 

07/30/2021 Veritex Community Bank Bank Service Fee 2600-000 $0.00 $0.62 $375.04 

08/31/2021 Veritex Community Bank Bank Service Fee 2600-000 $0.00 $0.58 $374.46 

09/30/2021 Veritex Community Bank Bank Service Fee 2600-000 $0.00 $0.58 $373.88 

10/29/2021 Veritex Community Bank Bank Service Fee 2600-000 $0.00 $0.60 $373.28 

11/30/2021 Veritex Community Bank Bank Service Fee 2600-000 $0.00 $0.58 $372.70 

12/31/2021 Veritex Community Bank Bank Service Fee 2600-000 $0.00 $0.60 $372.10 

01/31/2022 Veritex Community Bank Bank Service Fee 2600-000 $0.00 $0.60 $371.50 

02/28/2022 Veritex Community Bank Bank Service Fee 2600-000 $0.00 $0.54 $370.96 

03/31/2022 Veritex Community Bank Bank Service Fee 2600-000 $0.00 $0.59 $370.37 

SUBTOTALS $381.00 $10.63 

Case 19-25887-EPK Doc 59 Filed 05/09/22 Page 2 of 4
7

Balance

6

Disbursement

$

5

Deposit

$

1

Transaction

Date

2

Check /

Ref. #

Uniform

Tran Code

4

Description of Transaction

3

Paid to/

Received From

Page No: FORM 2

CASH RECEIPTS AND DISBURSEMENTS RECORD

Case Name:

Case No. Trustee Name: 

Bank Name:

Co-Debtor Taxpayer ID #: 

Primary Taxpayer ID #:

Account Title:

Checking Acct #:

For Period Beginning:

For Period Ending:

Blanket bond (per case limit):

Separate bond (if applicable):

19-25887

IDL HOLDINGS LLC

Nicole Testa Mehdipour, Trustee

$52,222,000.00 

******8701

Veritex Community Bank

 2

04/01/2021

03/31/2022

**-***2670

TOTALS:

Less: Bank transfers/CDs

Subtotal

Less: Payments to debtors

Net

$381.00 $10.63 

$0.00 $0.00 

$381.00 $10.63 

$0.00 $0.00 

$381.00 $10.63 $370.37 

Total Compensable Receipts:

Total Non-Compensable Receipts:

Total Comp/Non Comp Receipts:

Total Internal/Transfer Receipts:

Total Compensable Disbursements:

Total Non-Compensable Disbursements:

Total Comp/Non Comp Disbursements:

Total Internal/Transfer Disbursements:

$0.00 

$0.00 

$0.00 

$7.05 

$0.00 

$7.05 

$0.00 

$0.00 

$381.00 

$0.00 

$10.63 

$0.00 

$381.00 

$10.63 

$0.00 

Total Compensable Receipts:

Total Non-Compensable Receipts:

Total Comp/Non Comp Receipts:

Total Internal/Transfer Receipts:

Total Compensable Disbursements:

Total Non-Compensable Disbursements:

Total Comp/Non Comp Disbursements:

Total Internal/Transfer Disbursements: $0.00 

For the period of 04/01/2021 to 03/31/2022 For the entire history of the account between 01/31/2020 to 3/31/2022

Case 19-25887-EPK Doc 59 Filed 05/09/22 Page 3 of 4
7

Balance

6

Disbursement

$

5

Deposit

$

1

Transaction

Date

2

Check /

Ref. #

Uniform

Tran Code

4

Description of Transaction

3

Paid to/

Received From

Page No: FORM 2

CASH RECEIPTS AND DISBURSEMENTS RECORD

Case Name:

Case No. Trustee Name: 

Bank Name:

Co-Debtor Taxpayer ID #: 

Primary Taxpayer ID #:

Account Title:

Checking Acct #:

For Period Beginning:

For Period Ending:

Blanket bond (per case limit):

Separate bond (if applicable):

19-25887

IDL HOLDINGS LLC

Nicole Testa Mehdipour, Trustee

$52,222,000.00 

******8701

Veritex Community Bank

 3

04/01/2021

03/31/2022

**-***2670

TOTAL - ALL ACCOUNTS NET DEPOSITS DISBURSE

NET

BALANCES

ACCOUNT

$381.00 $10.63 $370.37 

Total Compensable Receipts:

Total Non-Compensable Receipts:

Total Comp/Non Comp Receipts:

Total Internal/Transfer Receipts:

Total Compensable Disbursements:

Total Non-Compensable Disbursements:

Total Comp/Non Comp Disbursements:

Total Internal/Transfer Disbursements:

$0.00 

$7.05 

$0.00 

$0.00 

$7.05 

$0.00 

$0.00 

$0.00 

Total Compensable Receipts:

Total Non-Compensable Receipts:

Total Comp/Non Comp Receipts:

Total Internal/Transfer Receipts:

Total Compensable Disbursements:

Total Non-Compensable Disbursements:

Total Comp/Non Comp Disbursements:

$381.00 

$0.00 

$10.63 

$0.00 

$381.00 

$10.63 

$0.00 

Total Internal/Transfer Disbursements: $0.00 

/s/ NICOLE TESTA MEHDIPOUR, TRUST

NICOLE TESTA MEHDIPOUR, 

TRUSTEE

For the period of 04/01/2021 to 03/31/2022 For the entire history of the account between 01/31/2020 to 3/31/2022

Case 19-25887-EPK Doc 59 Filed 05/09/22 Page 4 of 4