{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-125939","form_type":"8-K","ticker":null,"cik":"0001640265","company_name":"GPB Holdings II, LP","filed_at":"2024-12-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:09.069472+00:00","generated_at":"2026-05-29T07:16:51.565864+00:00","sec_items":["1.03","5.02"],"event_type":"other_material","sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Second Circuit affirms receivership over GPB entities; stay lifted, receiver assumes control","bullets":["On Dec 3, 2024, Second Circuit affirmed Receivership Order and lifted stay; receivership took effect immediately.","Joseph T. Gardemal III appointed as Receiver with full powers over GPB Capital Holdings and affiliated partnerships.","Court has exclusive jurisdiction over all assets of Highline Management, GPB, and other Receivership Entities.","Directors Walter Bishop and Jane Kanter ceased to serve as directors of Highline Management."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-125939","json":"https://secwatch.observer/filing/0001104659-24-125939.json","markdown":"https://secwatch.observer/filing/0001104659-24-125939.md","text":"https://secwatch.observer/filing/0001104659-24-125939.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1640265/000110465924125939/0001104659-24-125939-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1640265/000110465924125939/tm2430306d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T07:16:51.565864+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"278dd9c4ceeb4457f8d8e753ac81a885d9d80334","claim":"GPB Holdings II, LP entered receivership in U.S. District Court for the Eastern District of New York (petition 2023-12-08).","evidence_excerpt":"On December 8, 2023, the U.S. District Court for the Eastern District of New York (the “ Court ”) entered an order (the “ Receivership Order ”), in response to a motion filed by the U.S. Securities and Exchange Commission, appointing Joseph T. Gardemal III as the receiver (“ Receiver ”) over GPB Capital Holdings, LLC (“ GPB ”), GPB managed partnerships (including GPB Holdings II, LP (the “ Partnership ”)) , and certain GPB affiliated entities, including Highline Management, Inc. (collectively, the “ Receivership Entities ”).","evidence_source":"SEC 8-K Item 1.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/1640265/000110465924125939/0001104659-24-125939-index.htm","confidence":0.9,"family_label":"Distress & Bankruptcy","details":[{"label":"Proceeding","value":"receivership"},{"label":"Court","value":"U.S. District Court for the Eastern District of New York"},{"label":"Petition","value":"2023-12-08"}],"fact_type":"distress_event"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}