Entity

Zhu Zhai Holdings LLC

Record card
Also known as: Zhu Zhai
Collection Phase

Compiled from public court filings and dockets. Allegations described here are allegations recorded in those filings, not findings of fact, unless the filing itself records a court finding. Corrections are welcome via the corrections page.

Overview

Zhu Zhai Holdings LLC is a co-judgment creditor in N.D. Illinois proceedings against Ivankovich entities. It is related to the broader creditor coalition pursuing collection of unsatisfied judgments.

Key Data Points

8/17/21
Default judgment entered (1:20-cv-04985, DE 91–92)
17 Orders
Special Master Schenkier (ret.) orders governing frozen funds, 3/19/24–11/13/25
4 Appeals
Live 7th Cir. appeals from DE 383: 25-2561, 25-2585, 25-2649, 25-3185

Court Proceedings

Zhu Zhai Holdings & Peter Lee v. Ivankovich, 1:20-cv-04985 (N.D. Ill. — Judge Coleman)
Default judgment entered 8/17/21 (DE 91–92); Rule 60 denied 10/20/21 (DE 100); affirmed on appeal (7th Cir. 21-3038, closed 5/6/22).
Plaintiff / Judgment Creditor — Enforcement Phase
Special-master enforcement, same docket
DE 290 (1/19/24): Hon. Sidney I. Schenkier (ret.) appointed; 17 orders over "Walker Dunlop Funds" and escrow funds. Jeanette Ivankovich intervened (DE 307); Pilgrim/Alliance LLCs intervened. DE 383 (8/7/25) adopted the R&R → four appeals. Disbursement stay denied (DE 420, 11/14/25); referred to Judge Holleb Hotaling (DE 429); special master terminated 1/20/26 (DE 437).
Post-judgment collection — funds frozen and disbursement litigated

Connected Parties

Steven Ivankovich →
Judgment debtor
12Five Capital LLC →
Co-creditor
All entities
Sources: PACER docket, N.D. Illinois public records.

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