iPic-Gold Class Entertainment, LLC filed a motion in the US Bankruptcy Court seeking the dismissal of its Chapter 11 bankruptcy case on April 27, 2020. Following the Court-approved sale of substantially all of the debtors’ assets effectuated through a credit bid by their secured prepetition lenders, the debtors are running out of cash and time and cannot remain in chapter 11 much longer. Thus, the debtors submit that dismissal of these chapter 11 cases and the distribution of their remaining cash on hand to creditors, is the most practical and cost-effective means to bring closure to the administration of the estates.