Fill in this information to identify the case:

Debtor name 1NOnly Phimar, LLC

United States Bankruptcy Court for the: NORTHERN DISTRICT OF TEXAS

Case number (if known) 24-30017-sgj11

o Check if this is an

amended filing

Official Form 207

Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy 04/22

The debtor must answer every question. If more space is needed, attach a separate sheet to this form. On the top of any additional pages,

write the debtor’s name and case number (if known).

Part 1: Income

1. Gross revenue from business

o None.

Identify the beginning and ending dates of the debtor’s fiscal year,

which may be a calendar year

Sources of revenue

Check all that apply

Gross revenue

(before deductions and

exclusions)

For prior year:

From 1/01/2023 to 12/31/2023

n Operating a business $1,882,526.00

o Other

For year before that:

From 1/01/2022 to 12/31/2022

n Operating a business $1,020,655.00

o Other

2. Non-business revenue

Include revenue regardless of whether that revenue is taxable. Non-business income may include interest, dividends, money collected from lawsuits,

and royalties. List each source and the gross revenue for each separately. Do not include revenue listed in line 1.

o None.

Description of sources of revenue Gross revenue from

each source

(before deductions and

exclusions)

For year before that:

From 1/01/2022 to 12/31/2022

Cancellation of Debt Owed

to Chicken Island, LLC $1,707,191.00

Part 2: List Certain Transfers Made Before Filing for Bankruptcy

3. Certain payments or transfers to creditors within 90 days before filing this case

List payments or transfers--including expense reimbursements--to any creditor, other than regular employee compensation, within 90 days before

filing this case unless the aggregate value of all property transferred to that creditor is less than $7,575. (This amount may be adjusted on 4/01/25

and every 3 years after that with respect to cases filed on or after the date of adjustment.)

o None.

Creditor's Name and Address Dates Total amount of value Reasons for payment or transfer

Check all that apply

Official Form 207 Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy page 1

Case 24-30017-sgj11 Doc 66 Filed 01/30/24 Entered 01/30/24 15:42:56 Desc Main

Document Page 1 of 10
Debtor 1NOnly Phimar, LLC Case number (if known) 24-30017-sgj11

Creditor's Name and Address Dates Total amount of value Reasons for payment or transfer

Check all that apply

3.1. Best Western International, Inc.

6201 N. 24th Parkway

Phoenix, AZ 85016

10/11/2023

11/15/2023

12/15/2023

$15,000.00 o Secured debt

o Unsecured loan repayments

o Suppliers or vendors

o Services

n Other Settlement Agreement 

3.2. O'Connor Tax Reduction Experts

2200 North Loop West, Suite 200

Houston, TX 77018

10/20/2023

11/16/2023

$9,979.38 o Secured debt

o Unsecured loan repayments

o Suppliers or vendors

n Services

o Other

3.3. HVS Dallas

2601 Sagebrush Drive

Suite 101

Flower Mound, TX 75028

10/27/2023 $11,250.00 o Secured debt

o Unsecured loan repayments

o Suppliers or vendors

n Services

n Other Appraisal 

3.4. Pathward, N.A.

5501 South Broadband Lane

Sioux Falls, SD 57108

10/05/2023

10/26/2023

11/29/2023

12/29/2023

$53,493.41 o Secured debt

o Unsecured loan repayments

o Suppliers or vendors

n Services

o Other

3.5. Sysco Corporation

1390 Enclave Parkway

Houston, TX 77077

10/11/2023 -

12/29/2023

$40,800.95 o Secured debt

o Unsecured loan repayments

n Suppliers or vendors

o Services

o Other

3.6. Elavon Inc.

2 Concourse Parkway, Suite 800

Atlanta, GA 30328

10/02/2023

11/02/2023

12/04/2023

$22,754.19 o Secured debt

o Unsecured loan repayments

o Suppliers or vendors

o Services

n Other Merchant Fees 

3.7. Gexa Energy

601 Travis Street, Suite 1400

Houston, TX 77002

10/03/2023

10/11/2023

11/16/2023

12/21/2023

$30,281.25 o Secured debt

o Unsecured loan repayments

o Suppliers or vendors

n Services

o Other

3.8. City of Dallas

Dallas Water Utilities

1500 Marilla, 3ANorth

Dallas, TX 75201

10/03/2023

11/09/2023

12/05/2023

12/22/2023

$14,114.24 o Secured debt

o Unsecured loan repayments

o Suppliers or vendors

n Services

o Other

Official Form 207 Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy page 2

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Document Page 2 of 10
Debtor 1NOnly Phimar, LLC Case number (if known) 24-30017-sgj11

Creditor's Name and Address Dates Total amount of value Reasons for payment or transfer

Check all that apply

3.9. TMH Worldwide, LLC

22 Sylvan Way

Parsippany, NJ 07054

10/17/2023

11/22/2023

12/29/2023

$43,674.41 o Secured debt

o Unsecured loan repayments

o Suppliers or vendors

o Services

n Other Franchise Fees 

3.10

.

Kane Russell Coleman Logan PC

Bank of America Plaza

901 Main Street, Suite 5200

Dallas, TX 75202

06/30/2023 $4,000.00 o Secured debt

o Unsecured loan repayments

o Suppliers or vendors

n Services

o Other

4. Payments or other transfers of property made within 1 year before filing this case that benefited any insider

List payments or transfers, including expense reimbursements, made within 1 year before filing this case on debts owed to an insider or guaranteed

or cosigned by an insider unless the aggregate value of all property transferred to or for the benefit of the insider is less than $7,575. (This amount

may be adjusted on 4/01/25 and every 3 years after that with respect to cases filed on or after the date of adjustment.) Do not include any payments

listed in line 3. Insiders include officers, directors, and anyone in control of a corporate debtor and their relatives; general partners of a partnership

debtor and their relatives; affiliates of the debtor and insiders of such affiliates; and any managing agent of the debtor. 11 U.S.C. § 101(31).

o None.

Insider's name and address

Relationship to debtor

Dates Total amount of value Reasons for payment or transfer

4.1. Chicken Island, LLC

8330 LBJ Freeway

Suite B1180

Dallas, TX 75243

Affiliate

Various $57,254.06 Loan Repayments

4.2. Philip Levine Trust

8330 LBJ Freeway

Suite B1180

Dallas, TX 75243

Affiliate

Various $35,930.84 Loan Repayments

5. Repossessions, foreclosures, and returns

List all property of the debtor that was obtained by a creditor within 1 year before filing this case, including property repossessed by a creditor, sold at

a foreclosure sale, transferred by a deed in lieu of foreclosure, or returned to the seller. Do not include property listed in line 6.

n None

Creditor's name and address Describe of the Property Date Value of property

6. Setoffs

List any creditor, including a bank or financial institution, that within 90 days before filing this case set off or otherwise took anything from an account

of the debtor without permission or refused to make a payment at the debtor’s direction from an account of the debtor because the debtor owed a

debt.

n None

Creditor's name and address Description of the action creditor took Date action was

taken

Amount

Part 3: Legal Actions or Assignments

7. Legal actions, administrative proceedings, court actions, executions, attachments, or governmental audits

List the legal actions, proceedings, investigations, arbitrations, mediations, and audits by federal or state agencies in which the debtor was involved

in any capacity—within 1 year before filing this case.

Official Form 207 Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy page 3

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Document Page 3 of 10
Debtor 1NOnly Phimar, LLC Case number (if known) 24-30017-sgj11

o None.

Case title

Case number

Nature of case Court or agency's name and

address

Status of case

7.1. Best Western International,

Inc. v. 1Nonly Phi Mar LLC

and Philip Levine, et al.

2:22-cv-00440-MTL

Breach of

Contract

U.S. District Court, District

of Arizona

401 W. Washington Street

Suite 130, SPC 1

Phoenix, AZ 85003

o Pending

o On appeal

n Concluded

7.2. Richardson Independent

School District v. 1NOnly

Phimar, LLC

Cause No. TX-23-02046

Tax Collection 192nd Civil District Court

George L. Allen, Sr. Courts

Building

600 Commerce Street, 7th

Floor New Tower

Dallas, TX 75202

n Pending

o On appeal

o Concluded

7.3. U.S. Equal Employment

Opportunity Commission v.

IBAN Hotel

450-2024-03193

Charge of

Employment

Discrimination

filed by Tiffany

Langston

U.S. Equal Employment

Opportunity Commission -

Dallas Office

207 S. Houston Street, 3rd

Floor

Dallas, TX 75202

n Pending

o On appeal

o Concluded

8. Assignments and receivership

List any property in the hands of an assignee for the benefit of creditors during the 120 days before filing this case and any property in the hands of a

receiver, custodian, or other court-appointed officer within 1 year before filing this case.

n None

Part 4: Certain Gifts and Charitable Contributions

9. List all gifts or charitable contributions the debtor gave to a recipient within 2 years before filing this case unless the aggregate value of

the gifts to that recipient is less than $1,000

n None

Recipient's name and address Description of the gifts or contributions Dates given Value

Part 5: Certain Losses

10. All losses from fire, theft, or other casualty within 1 year before filing this case.

o None

Description of the property lost and

how the loss occurred

Amount of payments received for the loss

If you have received payments to cover the loss, for

example, from insurance, government compensation, or

tort liability, list the total received.

List unpaid claims on Official Form 106A/B (Schedule

A/B: Assets – Real and Personal Property).

Dates of loss Value of property

lost

Car run into bushes in 2022 $7,079.55 for Lawn Damages received on

01/23/2023

2022 $0.00

Water damage in one room and

hallway

$37,239.79 paid by Insurance on

02/28/2023

10/2022 $0.00

Part 6: Certain Payments or Transfers

11. Payments related to bankruptcy

Official Form 207 Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy page 4

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Document Page 4 of 10
Debtor 1NOnly Phimar, LLC Case number (if known) 24-30017-sgj11

List any payments of money or other transfers of property made by the debtor or person acting on behalf of the debtor within 1 year before the filing

of this case to another person or entity, including attorneys, that the debtor consulted about debt consolidation or restructuring, seeking bankruptcy

relief, or filing a bankruptcy case.

o None.

Who was paid or who received

the transfer?

Address

If not money, describe any property transferred Dates Total amount or

value

11.1. Spencer Fane LLP

5700 Granite Parkway, Suite

650

Plano, TX 75024

* Note: The total amount paid is for a joint

representation with PhiMars Square LLC

11/30/2023

12/27/2023

12/29/2023 $29,836.00

Email or website address

Who made the payment, if not debtor?

Chicken Island, LLC

12. Self-settled trusts of which the debtor is a beneficiary

List any payments or transfers of property made by the debtor or a person acting on behalf of the debtor within 10 years before the filing of this case

to a self-settled trust or similar device.

Do not include transfers already listed on this statement.

n None.

Name of trust or device Describe any property transferred Dates transfers

were made

Total amount or

value

13. Transfers not already listed on this statement

List any transfers of money or other property by sale, trade, or any other means made by the debtor or a person acting on behalf of the debtor within

2 years before the filing of this case to another person, other than property transferred in the ordinary course of business or financial affairs. Include

both outright transfers and transfers made as security. Do not include gifts or transfers previously listed on this statement.

n None.

Who received transfer?

Address

Description of property transferred or

payments received or debts paid in exchange

Date transfer

was made

Total amount or

value

Part 7: Previous Locations

14. Previous addresses

List all previous addresses used by the debtor within 3 years before filing this case and the dates the addresses were used.

n Does not apply

Address Dates of occupancy

From-To

Part 8: Health Care Bankruptcies

15. Health Care bankruptcies

Is the debtor primarily engaged in offering services and facilities for:

- diagnosing or treating injury, deformity, or disease, or

- providing any surgical, psychiatric, drug treatment, or obstetric care?

n No. Go to Part 9.

o Yes. Fill in the information below.

Facility name and address Nature of the business operation, including type of services

the debtor provides

If debtor provides meals

and housing, number of

patients in debtor’s care

Official Form 207 Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy page 5

Case 24-30017-sgj11 Doc 66 Filed 01/30/24 Entered 01/30/24 15:42:56 Desc Main

Document Page 5 of 10
Debtor 1NOnly Phimar, LLC Case number (if known) 24-30017-sgj11

Part 9: Personally Identifiable Information

16. Does the debtor collect and retain personally identifiable information of customers?

o No.

n Yes. State the nature of the information collected and retained.

Customers provide IDs in order to check-in into the hotel, and the

IDs are scanned into the Property Management Software for

verification pursposes via Credit Card Payments

Does the debtor have a privacy policy about that information?

o No

n Yes

17. Within 6 years before filing this case, have any employees of the debtor been participants in any ERISA, 401(k), 403(b), or other pension or

profit-sharing plan made available by the debtor as an employee benefit?

n No. Go to Part 10.

o Yes. Does the debtor serve as plan administrator?

Part 10: Certain Financial Accounts, Safe Deposit Boxes, and Storage Units

18. Closed financial accounts

Within 1 year before filing this case, were any financial accounts or instruments held in the debtor’s name, or for the debtor’s benefit, closed, sold,

moved, or transferred?

Include checking, savings, money market, or other financial accounts; certificates of deposit; and shares in banks, credit unions, brokerage houses,

cooperatives, associations, and other financial institutions.

n None

Financial Institution name and

Address

Last 4 digits of

account number

Type of account or

instrument

Date account was

closed, sold,

moved, or

transferred

Last balance

before closing or

transfer

19. Safe deposit boxes

List any safe deposit box or other depository for securities, cash, or other valuables the debtor now has or did have within 1 year before filing this

case.

n None

Depository institution name and address Names of anyone with

access to it

Address

Description of the contents Does debtor

still have it?

20. Off-premises storage

List any property kept in storage units or warehouses within 1 year before filing this case. Do not include facilities that are in a part of a building in

which the debtor does business.

n None

Facility name and address Names of anyone with

access to it

Description of the contents Does debtor

still have it?

Part 11: Property the Debtor Holds or Controls That the Debtor Does Not Own

21. Property held for another

List any property that the debtor holds or controls that another entity owns. Include any property borrowed from, being stored for, or held in trust. Do

not list leased or rented property.

o None

Official Form 207 Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy page 6

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Debtor 1NOnly Phimar, LLC Case number (if known) 24-30017-sgj11

Owner's name and address Location of the property Describe the property Value

Ivanna Smirnova

8330 LBJ Freeway

Suite B1180

Dallas, TX 75243

8051 Lyndon B Johnson

Fwy

Dallas, TX 75251

2021 Mercedes Benz Sprinter

2500 - VIN

W1Z4DGHY1MT062401

Unknown

Owner's name and address Location of the property Describe the property Value

Ivanna Smirnova

8330 LBJ Freeway

Suite B1180

Dallas, TX 75243

8051 Lyndon B Johnson

Fwy

Dallas, TX 75251

2021 Ford Transit - VIN

1FBAX2C84MKA74470

Unknown

Part 12: Details About Environment Information

For the purpose of Part 12, the following definitions apply:

Environmental law means any statute or governmental regulation that concerns pollution, contamination, or hazardous material, regardless of the

medium affected (air, land, water, or any other medium).

Site means any location, facility, or property, including disposal sites, that the debtor now owns, operates, or utilizes or that the debtor formerly

owned, operated, or utilized.

Hazardous material means anything that an environmental law defines as hazardous or toxic, or describes as a pollutant, contaminant, or a

similarly harmful substance.

Report all notices, releases, and proceedings known, regardless of when they occurred.

22. Has the debtor been a party in any judicial or administrative proceeding under any environmental law? Include settlements and orders.

n No.

o Yes. Provide details below.

Case title

Case number

Court or agency name and

address

Nature of the case Status of case

23. Has any governmental unit otherwise notified the debtor that the debtor may be liable or potentially liable under or in violation of an

environmental law?

n No.

o Yes. Provide details below.

Site name and address Governmental unit name and

address

Environmental law, if known Date of notice

24. Has the debtor notified any governmental unit of any release of hazardous material?

n No.

o Yes. Provide details below.

Site name and address Governmental unit name and

address

Environmental law, if known Date of notice

Part 13: Details About the Debtor's Business or Connections to Any Business

25. Other businesses in which the debtor has or has had an interest

List any business for which the debtor was an owner, partner, member, or otherwise a person in control within 6 years before filing this case.

Include this information even if already listed in the Schedules.

n None

Business name address Describe the nature of the business Employer Identification number

Do not include Social Security number or ITIN.

Dates business existed

26. Books, records, and financial statements

26a. List all accountants and bookkeepers who maintained the debtor’s books and records within 2 years before filing this case.

Official Form 207 Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy page 7

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Document Page 7 of 10
Debtor 1NOnly Phimar, LLC Case number (if known) 24-30017-sgj11

o None

Name and address Date of service

From-To

26a.1. Highgarden LLC

8330 Lyndon B Johnson Freeway

Suite B1180

Dallas, TX 75243

06/01/2019 - Present

26b. List all firms or individuals who have audited, compiled, or reviewed debtor’s books of account and records or prepared a financial statement

within 2 years before filing this case.

o None

Name and address Date of service

From-To

26b.1. Saville CPAs and Advisors, LLC

700 North Pearl Street, Suite 1990

Dallas, TX 75201

26c. List all firms or individuals who were in possession of the debtor’s books of account and records when this case is filed.

o None

Name and address If any books of account and records are

unavailable, explain why

26c.1. Highgarden LLC

8330 Lyndon B Johnson Freeway

Suite B1180

Dallas, TX 75243

26d. List all financial institutions, creditors, and other parties, including mercantile and trade agencies, to whom the debtor issued a financial

statement within 2 years before filing this case.

o None

Name and address

26d.1. Pegasus Bank

4515 W. Mockingbird Lane

Dallas, TX 75209

27. Inventories

Have any inventories of the debtor’s property been taken within 2 years before filing this case?

o No

n Yes. Give the details about the two most recent inventories.

Name of the person who supervised the taking of the

inventory

Date of inventory The dollar amount and basis (cost, market,

or other basis) of each inventory

27.1

.

Logan Lowe, Assistant General Manager September

2023 Unknown

Name and address of the person who has possession of

inventory records

1NOnly Phimar LLC

8051 Lyndon B Johnson Freeway

Dallas, TX 75219

Official Form 207 Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy page 8

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Debtor 1NOnly Phimar, LLC Case number (if known) 24-30017-sgj11

Name of the person who supervised the taking of the

inventory

Date of inventory The dollar amount and basis (cost, market,

or other basis) of each inventory

27.2

.

Halyna Vinnichenko, Head of Housekeeping Unknown; Housekeeping Inventory

(Linens and Towels)

Name and address of the person who has possession of

inventory records

1NOnly Phimar, LLC

8051 Lyndon B Johnson Freeway

Dallas, TX 75219

28. List the debtor’s officers, directors, managing members, general partners, members in control, controlling shareholders, or other people

in control of the debtor at the time of the filing of this case.

Name Address Position and nature of any

interest

% of interest, if

any

Piermount Court LLC 8330 LBJ Freeway

Suite B1180

Dallas, TX 75243

Interest Owner/Member 100%

Name Address Position and nature of any

interest

% of interest, if

any

Philip Levine 8330 LBJ Freeway

Suite B1180

Dallas, TX 75243

Manager

29. Within 1 year before the filing of this case, did the debtor have officers, directors, managing members, general partners, members in

control of the debtor, or shareholders in control of the debtor who no longer hold these positions?

n No

o Yes. Identify below.

30. Payments, distributions, or withdrawals credited or given to insiders

Within 1 year before filing this case, did the debtor provide an insider with value in any form, including salary, other compensation, draws, bonuses,

loans, credits on loans, stock redemptions, and options exercised?

o No

n Yes. Identify below.

Name and address of recipient Amount of money or description and value of

property

Dates Reason for

providing the value

30.1

.

Chicken Island, LLC

8330 LBJ Freeway

Suite B1180

Dallas, TX 75243 $57,254.06 Various Loan Repayments

Relationship to debtor

Affiliate

30.2

.

Philip Levine Trust

8330 LBJ Freeway

Suite B1180

Dallas, TX 75243 $35,930.84 Various Loan Repayments

Relationship to debtor

Affiliate

31. Within 6 years before filing this case, has the debtor been a member of any consolidated group for tax purposes?

Official Form 207 Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy page 9

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Debtor 1NOnly Phimar, LLC Case number (if known) 24-30017-sgj11

o No

n Yes. Identify below.

Name of the parent corporation Employer Identification number of the parent

corporation

Philip Levine Trust EIN: 83-6718518

32. Within 6 years before filing this case, has the debtor as an employer been responsible for contributing to a pension fund?

n No

o Yes. Identify below.

Name of the pension fund Employer Identification number of the pension

fund

Part 14: Signature and Declaration

WARNING -- Bankruptcy fraud is a serious crime. Making a false statement, concealing property, or obtaining money or property by fraud in

connection with a bankruptcy case can result in fines up to $500,000 or imprisonment for up to 20 years, or both.

18 U.S.C. §§ 152, 1341, 1519, and 3571.

I have examined the information in this Statement of Financial Affairs and any attachments and have a reasonable belief that the information is true

and correct.

I declare under penalty of perjury that the foregoing is true and correct.

Executed on

Philip Levine

Signature of individual signing on behalf of the debtor Printed name

Position or relationship to debtor Manager

Are additional pages to Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy (Official Form 207) attached?

n No

o Yes

Official Form 207 Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy page 10

01/30/2024

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