Fill in this information to identify the case:

United States Bankruptcy Court for the:

Northern District of Texas

Case number (if known): Chapter 11 Check if this is an

amended filing

Official Form 201

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 the case number (if known). For

more information, a separate document, Instructions for Bankruptcy Forms for Non-Individuals, is available.

1. Debtor's name Little Rock Urban Air, LLC

All other names debtor used

in the last 8 years

2. 

Include any assumed names,

trade names, and doing business

as names

Urban Air Adventure Park

Debtor's federal Employer

Identification Number (EIN)

3. 8 2 – 4 4 1 0 2 4 7

4. Debtor's address Principal place of business Mailing address, if different from principal place of

business

P.O. Box 101734

Number Street

Fort Worth, TX 76185

City State ZIP Code

Tarrant

County

PO Box 4429

Number Street

Chattanooga, TN 37405

City State ZIP Code

Location of principal assets, if different from principal

place of business

801 S. Bowman Rd.

Number Street

Little Rock, AR 72211

City State ZIP Code

5. Debtor's website (URL)

6. Type of debtor Corporation (including Limited Liability Company (LLC) and Limited Liability Partnership (LLP))

Partnership (excluding LLP)

Other. Specify:

Official Form 201 Voluntary Petition for Non-Individuals Filing for Bankruptcy page 1

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Document Page 1 of 13
Case number (if known) Debtor Little Rock Urban Air, LLC

Name

7. Describe debtor's business

A. Check one:

Health Care Business (as defined in 11 U.S.C. § 101(27A))

Single Asset Real Estate (as defined in 11 U.S.C. § 101(51B))

Railroad (as defined in 11 U.S.C. §101(44))

Stockbroker (as defined in 11 U.S.C. § 101(53A))

Commodity Broker (as defined in 11 U.S.C. § 101(6))

Clearing Bank (as defined in 11 U.S.C. §781(3))

None of the above

B. Check all that apply:

Tax-exempt entity (as described in 26 U.S.C. §501)

Investment company, including hedge fund or pooled investment vehicle (as defined in 15 U.S.C. § 80a-3)

Investment advisor (as defined in 15 U.S.C. § 80b-2(a)(11))

C. NAICS (North American Industry Classification System) 4-digit code that best describes debtor. See

http://www.uscourts.gov/four-digit-national-association-naics-codes .

Under which chapter of the

Bankruptcy Code is the

debtor filing?

8. 

A debtor who is a “small business

debtor” must check the first subbox. A

debtor as defined in § 1182(1) who

elects to proceed under subchapter V

of chapter 11 (whether or not the

debtor is a “small business debtor”)

must check the second sub-box

Check one:

Chapter 7

Chapter 9

Chapter 11. Check all that apply:

The debtor is a small business debtor as defined in 11 U.S.C. § 101(51D), and its aggregate

noncontingent liquidated debts (excluding debts owed to insiders or affiliates) are less than

$3,024,725. If this sub-box is selected, attach the most recent balance sheet, statement of

operations, cash-flow statement, and federal income tax return or if any of these documents do not

exist, follow the procedure in 11 U.S.C. § 1116(1)(B).

The debtor is a debtor as defined in 11 U.S.C. § 1182(1), its aggregate noncontingent liquidated

debts (excluding debts owed to insiders or affiliates) are less than $7,500,000, and it chooses to

proceed under Subchapter V of Chapter 11. If this sub-box is selected, attach the most recent

balance sheet, statement of operations, cash-flow statement, and federal income tax return, or if

any of these documents do not exist, follow the procedure in 11 U.S.C. § 1116(1)(B).

A plan is being filed with this petition.

Acceptances of the plan were solicited prepetition from one or more classes of creditors, in

accordance with 11 U.S.C. § 1126(b).

The debtor is required to file periodic reports (for example, 10K and 10Q) with the Securities and

Exchange Commission according to § 13 or 15(d) of the Securities Exchange Act of 1934. File the

Attachment to Voluntary Petition for Non-Individuals Filing for Bankruptcy under Chapter 11

(Official Form 201A) with this form.

The debtor is a shell company as defined in the Securities Exchange Act of 1934 Rule 12b-2.

Chapter 12

Were prior bankruptcy cases filed

by or against the debtor within the

last 8 years?

9. 

If more than 2 cases, attach a

separate list.

No

Yes. District When

MM / DD / YYYY

Case number

District When

MM / DD / YYYY

Case number

Are any bankruptcy cases pending

or being filed by a business partner

or an affiliate of the debtor?

10. 

List all cases. If more than 1, attach a

separate list.

No

Yes. Debtor Relationship

District When

MM / DD / YYYY

Case number, if known

Official Form 201 Voluntary Petition for Non-Individuals Filing for Bankruptcy page 2

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Case 24-40610-mxm11 Doc 1 Filed 02/22/24 Entered 02/22/24 21:26:39 Desc Main

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Case number (if known) Debtor Little Rock Urban Air, LLC

Name

Why is the case filed in this

district?

11. Check all that apply:

Debtor has had its domicile, principal place of business, or principal assets in this district for 180 days

immediately preceding the date of this petition or for a longer part of such 180 days than in any other

district.

A bankruptcy case concerning debtor’s affiliate, general partner, or partnership is pending in this district.

Does the debtor own or have

possession of any real

property or personal property

that needs immediate

attention?

12. No

Yes. Answer below for each property that needs immediate attention. Attach additional sheets if needed.

Why does the property need immediate attention? (Check all that apply.)

It poses or is alleged to pose a threat of imminent and identifiable hazard to public health or safety.

What is the hazard?

It needs to be physically secured or protected from the weather.

It includes perishable goods or assets that could quickly deteriorate or lose value without attention

(for example, livestock, seasonal goods, meat, dairy, produce, or securities-related assets or other

options).

Other

Where is the property?

Number Street

City State ZIP Code

Is the property insured?

No

Yes. Insurance agency

Contact name

Phone

Statistical and administrative information

Debtor’s estimation of

available funds?

13. Check one:

Funds will be available for distribution to unsecured creditors.

After any administrative expenses are paid, no funds will be available for distribution to unsecured

creditors.

Estimated number of

creditors

14. 1-49 50-99

100-199 200-999

1,000-5,000 5,001-10,000

10,001-25,000

25,001-50,000 50,000-100,000

More than 100,000

15. Estimated assets $0-$50,000

$50,001-$100,000

$100,001-$500,000

$500,001-$1 million

$1,000,001-$10 million

$10,000,001-$50 million

$50,000,001-$100 million

$100,000,001-$500 million

$500,000,001-$1 billion

$1,000,000,001-$10 billion

$10,000,000,001-$50 billion

More than $50 billion

Official Form 201 Voluntary Petition for Non-Individuals Filing for Bankruptcy page 3

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Case number (if known) Debtor Little Rock Urban Air, LLC

Name

16. Estimated liabilities

$0-$50,000

$50,001-$100,000

$100,001-$500,000

$500,001-$1 million

$1,000,001-$10 million

$10,000,001-$50 million

$50,000,001-$100 million

$100,000,001-$500 million

$500,000,001-$1 billion

$1,000,000,001-$10 billion

$10,000,000,001-$50 billion

More than $50 billion

Request for Relief, Declaration, and Signatures

WARNING -- Bankruptcy fraud is a serious crime. Making a false statement 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.

Declaration and signature of

authorized representative of

debtor

17. The debtor requests relief in accordance with the chapter of title 11, United States Code, specified in this

petition.

I have been authorized to file this petition on behalf of the debtor.

I have examined the information in this petition 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 02/22/2024

MM/ DD/ YYYY

✘ /s/ Thomas Fox

Signature of authorized representative of debtor

Thomas Fox

Printed name

Title 

Managing Member of 3 Fox Investments, LLC,

its Managing Member

18. Signature of attorney ✘ /s/ Robert T DeMarco

Signature of attorney for debtor

Date 02/22/2024

MM/ DD/ YYYY

Robert T DeMarco

Printed name

DeMarco Mitchell, PLLC

Firm name

12770 Coit Road, Suite 850

Number Street

Dallas

City

TX

State

75251

ZIP Code

(972) 991-5591

Contact phone

robert@demarcomitchell.com

Email address

24014543

Bar number

TX

State

Official Form 201 Voluntary Petition for Non-Individuals Filing for Bankruptcy page 4

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Case 24-40610-mxm11 Doc 1 Filed 02/22/24 Entered 02/22/24 21:26:39 Desc Main

Document Page 4 of 13
Fill in this information to identify the case:

Debtor name Little Rock Urban Air, LLC

United States Bankruptcy Court for the:

Northern District of Texas

Case number (if known): Check if this is an

amended filing

Official Form 202

An individual who is authorized to act on behalf of a non-individual debtor, such as a corporation or partnership, must sign and submit this form for the

schedules of assets and liabilities, any other document that requires a declaration that is not included in the document, and any amendments of those

documents. This form must state the individual’s position or relationship to the debtor, the identity of the document, and the date. Bankruptcy Rules 1008

and 9011.

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.

Declaration and signature

I am the president, another officer, or an authorized agent of the corporation; a member or an authorized agent of the partnership; or another individual

serving as a representative of the debtor in this case.

I have examined the information in the documents checked below and I have a reasonable belief that the information is true and correct:

Schedule A/B: Assets–Real and Personal Property (Official Form 206A/B)

Schedule D: Creditors Who Have Claims Secured by Property (Official Form 206D)

Schedule E/F: Creditors Who Have Unsecured Claims (Official Form 206E/F)

Schedule G: Executory Contracts and Unexpired Leases (Official Form 206G)

Schedule H: Codebtors (Official Form 206H)

A Summary of Assets and Liabilities for Non-Individuals (Official Form 206A-Summary)

Amended Schedule

Chapter 11 or Chapter 9 Cases: List of Creditors Who Have the 20 Largest Unsecured Claims and Are Not Insiders (Official Form 204)

Other document that requires a declaration List of Equity Security Holders

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

Executed on 02/22/2024

MM/ DD/ YYYY

✘ /s/ Thomas Fox

Signature of individual signing on behalf of debtor

Thomas Fox

Printed name

Managing Member of 3 Fox

Investments, LLC, its Managing

Member

Position or relationship to debtor

Official Form B202 Declaration Under Penalty of Perjury for Non-Individual Debtors

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Declaration Under Penalty of Perjury for Non-Individual Debtors 12/15

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Fill in this information to identify the case:

Debtor name Little Rock Urban Air, LLC

United States Bankruptcy Court for the:

Northern District of Texas

Case number (if known): Check if this is an

amended filing

Official Form 204

A list of creditors holding the 20 largest unsecured claims must be filed in a Chapter 11 or Chapter 9 case. Include claims which the debtor disputes. Do not

include claims by any person or entity who is an insider, as defined in 11 U.S.C. § 101(31). Also, do not include claims by secured creditors, unless the

unsecured claim resulting from inadequate collateral value places the creditor among the holders of the 20 largest unsecured claims.

Name of creditor and complete

mailing address, including zip code

Name, telephone number,

and email address of

creditor contact

Nature of the claim

(for example, trade

debts, bank loans,

professional

services, and

government

contracts)

Indicate if

claim is

contingent,

unliquidated,

or disputed

Amount of unsecured claim

If the claim is fully unsecured, fill in only

unsecured claim amount. If claim is partially

secured, fill in total claim amount and deduction

for value of collateral or setoff to calculate

unsecured claim.

Total claim, if

partially

secured

Deduction for

value of

collateral or

setoff

Unsecured

claim

1 Capital One Mastercard

PO Box 71087

Charlotte, NC 28272-1087

Revolving Debt $728.00

2 Head Rush Technologies

1699 Cherry St. Unit C

Louisville, CO 80027

Vendor $319.00

3

Loop Marketing, Inc.

2863 95th Street, STE 143-139

Naperville, IL 60564

Marketing Disputed

Unliquidated

$17,556.00

4 NuCo2, LLC

PO Box 9011

Stuart, FL 34995-9011

Vendor $128.56

5 PepsiCo

Accounts Receivable Customer

Service

1100 Reynolds Blvd.

Winston Salem, NC 27105

Vendor $1,787.00

6 PGP Construction

2600 Southlake Blvd, Ste. 120-271

Southlake, TX 76092

- Retainage

outstanding

$24,575.00

7 Republic Services

P.O. Box 5000

Fogelsville, PA 18051

Vendor $1,324.00

8 Simmons Bank

501 South Main Street

Pine Bluff, AR 71601

Revolving Debt $146,063.00

Official Form 204 Chapter 11 or Chapter 9 Cases: List of Creditors Who Have the 20 Largest Unsecured Claims page 1

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Chapter 11 or Chapter 9 Cases: List of Creditors Who Have the 20

Largest Unsecured Claims and Are Not Insiders 12/15

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Case number (if known) Debtor Little Rock Urban Air, LLC

Name

Name of creditor and complete

mailing address, including zip code

Name, telephone number,

and email address of

creditor contact

Nature of the claim

(for example, trade

debts, bank loans,

professional

services, and

government

contracts)

Indicate if

claim is

contingent,

unliquidated,

or disputed

Amount of unsecured claim

If the claim is fully unsecured, fill in only

unsecured claim amount. If claim is partially

secured, fill in total claim amount and deduction

for value of collateral or setoff to calculate

unsecured claim.

Total claim, if

partially

secured

Deduction for

value of

collateral or

setoff

Unsecured

claim

9 Summit Utilities Arkansas

PO Box 2414

Fort Smith, AR 72902

Utility $1,563.00

10

11

12

13

14

15

16

17

18

19

20

Official Form 204 Chapter 11 or Chapter 9 Cases: List of Creditors Who Have the 20 Largest Unsecured Claims page 2

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Ascentium Capital

23970 Hwy. 59N

Kingwood, TX 77339

Bowman Station Properties

c/o West Group

5507 Ranch Drive, Ste 201

Little Rock, AR 72223

Capital One Mastercard

PO Box 71087

Charlotte, NC 28272-1087

Central Arkansas Water

221 East Capitol Ave.

P.O. Box 1789

Little Rock, AR 72203

Comptroller, State of

Arkansas

1509 W. 7th Street, STE 401

Little Rock, AR 72201

Dallas County Tax-Assessor

Collector

500 Elm Street

Dallas, TX 75202

Elisa Fox

PO Box 4429

Chattanooga, TN 37405

Thomas Fox

PO Box 4429

Chattanooga, TN 37405

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Gary S. Weiss

10750 West 143rd Street, STE 57

Orland Park, IL 60462

Head Rush Technologies

1699 Cherry St. Unit C

Louisville, CO 80027

Internal Revenue Service

Centralized Insolvency Operations

P.O. Box 7346

Philadelphia, PA 19101-7346

Loop Marketing, Inc.

2863 95th Street, STE 143-139

Naperville, IL 60564

NuCo2, LLC

PO Box 9011

Stuart, FL 34995-9011

Office of the United States

Trustee

Earle Cabell Federal Building

1100 Commerce Street Room 976

Dallas, TX 75242

PepsiCo

Accounts Receivable Customer Service

1100 Reynolds Blvd.

Winston Salem, NC 27105

PGP Construction

2600 Southlake Blvd, Ste. 120-271

Southlake, TX 76092

Case 24-40610-mxm11 Doc 1 Filed 02/22/24 Entered 02/22/24 21:26:39 Desc Main

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Pulaski County Assessor's

Office

201 S. Broadway, Suite 310

Little Rock, AR 72201

Republic Services

P.O. Box 5000

Fogelsville, PA 18051

Simmons Bank

501 South Main Street

Pine Bluff, AR 71601

Summit Utilities Arkansas

PO Box 2414

Fort Smith, AR 72902

SW Fort Worth Urban Air, LLC

Urban Air Adventure Park

5425 Columbus Trail

Fort Worth, TX 76123

Texas Attorney General's

Office

Bankruptcy Collection Division

PO Box 12548

Austin, TX 78711-2548

Texas Comptroller of Public

Account

C/O Office of the Attorney General

Bankruptcy-Collections Division

PO Box 12548, MC-008

Austin, TX 78711-2548

Thomas Fox

PO Box 4429

Chattanooga, TN 37405

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U.S. Small Business

Administration

PO Box 3918

Portland, OR 97208-3918

United States Attorney

Northern District of Texas

1100 Commerce Street, 3rd Fl.

Dallas, TX 75242-1699

Urban Air Corporate

2350 Airport Freeway, Ste 505

Bedford, TX 76022

Urban Air Naperville, LLC

Urban Air Adventure Park

1955 Glacier Park Ave

Naperville, IL 60540

US Foods, Inc.

PO Box BOX 602224

28260

Xtreme Sports Group

Chattanooga, LLC

Urban Air Adventure Park

2020 Gunbarrel Rd

Chattanooga, TN 37405

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CASE NO

CHAPTER 11

IN THE UNITED STATES BANKRUPTCY COURT

NORTHERN DISTRICT OF TEXAS

FORT WORTH DIVISION

IN RE: Little Rock Urban Air, LLC

VERIFICATION OF CREDITOR MATRIX

The above named Debtor hereby verifies that the attached list of creditors is true and correct to the best of his/her knowledge.

Date 02/22/2024 Signature /s/ Thomas Fox

Thomas Fox, Managing Member of 3 Fox Investments, LLC, its Managing Member

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UNITED STATES BANKRUPTCY COURT

NORTHERN DISTRICT OF TEXAS

FORT WORTH DIVISION

IN RE:

Little Rock Urban Air, LLC

CHAPTER 11

DEBTOR(S) CASE NO

LIST OF EQUITY SECURITY HOLDERS

Registered Name of Holder of Security

Last Known Address or Place of Business

Class of Security Number Registered Kind of Interest

Registered

3 Fox Investments, LLC

P.O. BOX 40229

CHATTANOOGA, TN 37405

69.714% Managing Member

Aspen West Irrevocable Trust

368 FOCH ST

FORT WORTH, TX 76107

5.56% Member

Kevin Gregory

4633 SAINT LAURENT CT

FORT WORTH, TX 76126

11.11% Member

Pamela Fox

2216 MAUMELLE OR

PLANO, TX 75023

3.33% Member

Wind River Holdings, LLC

801 CHERRY ST STE 2000

FORT WORTH, TX 76102

4.726% Member

SSM Revocable Living Trust

PO Box 15037

Fort Worth, TX 76119

2.78% Member

CopperWalk, LLC

1301 Throckmorton St, #2503

Fort Worth, TX76102

2.78% Member

DECLARATION UNDER PENALTY OF PERJURY

ON BEHALF OF A CORPORATION OR PARTNERSHIP

I, the Managing Member of 3 Fox Investments, LLC, its Managing Member of the

Nonpublic Corporation named as the debtor in this case, declare under penalty of perjury

that I have read the foregoing list and that it is true and correct to the best of my information and belief.

Date: 02/22/2024 Signature: /s/ Thomas Fox

Thomas Fox, Managing Member of 3 Fox Investments, LLC, its Managing

Member

Case 24-40610-mxm11 Doc 1 Filed 02/22/24 Entered 02/22/24 21:26:39 Desc Main

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