Mylife.com Inc.

I. Facts and Summary of Pleadings

The Debtor filed a voluntary Chapter 11 petition on September 2, 2022 (the “Petition Date”). Jeffrey Tinsley (“Tinsley”) is the Debtor’s CEO and Chairman and holds a 56.2% interest in the Debtor.2 The Debtor operates a website that allows subscribers to run background checks on individuals.

A. Prepetition Events 1. The Rancourt Action On December 14, 2020, David Rancourt (“Rancourt”) filed a complaint against the Debtor and Tinsley (the “Rancourt Complaint”) in a Florida state court. On January 4, 2021, the Debtor and Tinsley removed the Rancourt Complaint to the United States District Court for the Northern District of Florida (the “Florida District Court”).3 On January 22, 2021, Rancourt filed a First Amended Complaint in the Florida District Court.4 The Rancourt Complaint alleges that the Debtor’s website contains false and defamatory statements about Rancourt, and asserts claims for negligence, libel, and defamation against the Debtor and Tinsley. On March 16, 2021, upon the motion of the Debtor and Tinsley5 and over the opposition of Rancourt,6 the Florida District Court entered an order referring Rancourt’s claims to mandatory…