Exhibit 99.1
FLEETWOOD ENTERPRISES, INC.
Case #: 09-14254MJ
MONTHLY OPERATING REPORT
Period: February 22, 2010 - March 21, 2010
Fleetwood Enterprises, Inc.
Cash Reconciliation Summary
Case #: 09-14254MJ
21-Mar-10
|
|
|
|
|
|
|
|
|
|
|
| RESTRICTED |
|
|
|
|
|
|
|
|
| RESTRICTED |
|
|
|
|
|
|
|
|
|
|
|
|
| CASH |
|
|
|
|
|
|
|
|
| CASH |
|
|
| (B) |
| (C) |
| (D) |
| (E) |
| (F) |
| (G) |
| (H) |
| (I) |
| (J) |
| (K) |
| (L) |
|
|
|
|
| FHI |
| FHI |
| FEI |
|
|
| Cash |
| FHI |
| FEI |
| FEI |
| FHI |
| Prepaid |
|
|
| Per |
| Cash Collections |
| Main |
| Main |
| Revolver |
| Collateral |
| Investment |
| Investment |
| Payroll |
| Payroll |
| Credit Card |
|
|
| Reconciliation |
| 14200 |
| 27063 |
| 27064 |
| FLT00-AR |
| 63587 |
| 404875 |
| 404850 |
| 62771 |
| 62795 |
| 61059 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance as of 2/22/09 |
| 40,144,538 |
| 600,000 |
| 81,120 |
| 10,504 |
| — |
| 10,480,373 |
| 15,096,555 |
| (0 | ) | 17,238 |
| 0 |
| 55,654 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Receipts |
| 1,034,001 |
| 704,953 |
| (104,521 | ) | 367,733 |
| — |
| 2,635 |
| 86 |
| — |
| — |
| — |
| 9 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Transfers In |
| 10,819,988 |
| — |
| 3,897,935 |
| 1,496,000 |
| 1,302,853 |
| 2,500,000 |
| 1,600,000 |
| — |
| 23,200 |
| — |
| — |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Transfers Out |
| (10,819,988 | ) | (1,302,853 | ) | (3,096,000 | ) | (223,200 | ) | (1,297,935 | ) | — |
| (2,400,000 | ) | — |
| — |
| — |
| — |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Disbursements |
| (5,100,294 | ) | — |
| (522,728 | ) | (1,552,032 | ) | (4,918 | ) | (3,025,029 | ) | — |
| — |
| (40,232 | ) | — |
| — |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Intercompany Transactions |
|
|
| — |
| — |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other Misc. Adjustments |
| (60,837 | ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance as of 03/21/10 |
| 36,017,407.79 |
| 2,100 |
| 255,806 |
| 99,005 |
| (0 | ) | 9,957,980 |
| 14,296,641 |
| (0 | ) | 206 |
| 0 |
| 55,663 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance from sub schedules |
| 36,017,408 |
| 2,100 |
| 255,806 |
| 99,005 |
| — |
| 9,957,980 |
| 14,296,641 |
| (0 | ) | 206 |
| 0 |
| 55,663 |
|
Variance |
| — |
| — |
| — |
| — |
| (0.00 | ) | — |
| — |
| — |
| — |
| — |
| — |
|
Variance w/ actual bank bal. |
| — |
| — |
| — |
| 0.00 |
| (0.00 | ) | — |
| — |
| — |
| — |
| — |
| — |
|
|
| RESTRICTED |
| RESTRICTED |
|
|
| RESTRICTED |
| RESTRICTED |
| RESTRICTED |
| RESTRICTED |
|
|
|
|
|
|
|
|
|
|
|
|
| CASH |
| CASH |
|
|
| CASH |
| CASH |
| CASH |
| CASH |
|
|
|
|
|
|
|
|
|
|
|
|
| (M) |
| (N) |
| (O) |
| (P) |
| (Q) |
| (R) |
| (S) |
|
|
|
|
|
|
|
|
|
|
|
|
| Control |
| Utility |
| AIP |
| AIP |
| CAVCO |
|
|
| CMH |
|
|
|
|
|
|
|
|
|
|
|
|
| Disburse. |
| Deposit |
| Deposit |
| Deposit |
| Deposit |
|
|
| Deposit |
|
|
| Variance MOR |
| Variance |
| Adjusted |
|
|
|
|
| 61412 |
| 61059 |
| 69758 |
| 69550 |
| 71799 |
| BofA Escrow |
| 71195 |
| Total |
| vs. Bank |
| reclass |
| Variance |
| Notes |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance as of 2/22/09 |
| 532,870 |
| 201,330 |
| — |
| — |
| 669,027 |
| 12,795,000 |
| — |
| 40,539,670 |
| 395,132 |
| (395,132 | ) | — |
| (a) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Receipts |
| 68 |
| 46 |
| — |
| — |
| — |
| — |
| — |
| 971,009 |
| (62,992 | ) | 62,992 |
| — |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Transfers In |
| — |
| — |
| — |
| — |
| — |
| — |
| — |
| 10,819,988 |
| — |
|
|
| — |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Transfers Out |
| — |
| — |
| — |
| — |
| — |
| (2,500,000 | ) | — |
| (10,819,988 | ) | — |
|
|
| — |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Disbursements |
| — |
| — |
| — |
| — |
| — |
| — |
| — |
| (5,144,939 | ) | (44,645 | ) | 392,977 |
| 348,332 |
| (b) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Intercompany Transactions |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| — |
| — |
| — |
| — |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other Misc. Adjustments |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| — |
| 60,837 |
| (60,837 | ) | — |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance as of 03/21/10 |
| 532,938 |
| 201,375 |
| — |
| — |
| 669,027 |
| 10,295,000 |
| — |
| 36,365,740 |
| 348,332 |
| — |
| 348,332 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance from sub schedules |
| 532,938 |
| 201,375 |
| — |
| — |
| 669,027 |
| 10,295,000 |
| — |
| 36,365,740 |
|
|
|
|
| (0 | ) |
|
|
Variance |
| — |
| — |
| — |
| — |
| — |
| — |
| — |
| — |
|
|
|
|
|
|
|
|
|
Variance w/ actual bank bal. |
| — |
| — |
| — |
| — |
| — |
| — |
| — |
| — |
|
|
|
|
|
|
|
|
|
Outstanding Checks Roll Forward |
|
|
|
| Restricted Cash Summary: |
|
|
|
| |
|
|
|
|
|
|
|
|
|
| |
Outstanding Checks 2/22/09 |
| 395,132.30 |
|
| Cash Collateral |
| $ | 9,957,979.64 |
|
|
Total Check Disbursements in Mar-10 |
| 725,165.11 |
|
| Prepaid Credit Card |
| 55,663.43 |
|
| |
Cleared Checks from previous periods |
| (319,761.16 | ) |
| Control Disbursement |
| 532,937.67 |
|
| |
Cleared Checks from current period |
| (450,048.75 | ) |
| Utility Deposit |
| 201,375.24 |
|
| |
Additional voided checks issued prior to 2/22/09 |
| (2,155.00 | ) |
| AIP Deposit |
| — |
|
| |
Outstanding Checks 3/21/10 |
| 348,332.50 |
|
| BofA Escrow |
| 10,295,000.00 |
|
| |
Total From I.B p3 |
| 348,332.50 |
|
| CAVCO deposit |
| 669,027.00 |
|
| |
|
| — |
|
| Canadian Receipts |
| — |
|
| |
|
|
|
|
|
|
| $ | 21,711,982.98 |
|
|
NOTE: Fleetwood has a revolving secured credit facility with a syndicate of lenders lead by Bank of America (BoA). All of the above accounts are maintained at BofA. All cash receipts are recorded in account 14200 © and transferred to the revolver account FLT00-AR (F) to the extent there is a balance, with the excess going into either the cash collateral account 63587 (G) or investment accounts (H) of (J). All disbursements are made through FHI account 27063 (D) or FEI account 27064 (E), depending on if the liability relates to the manufacturing operations (FHI) or Enterprise. We are providing this summary to help with the reconciliations that are represented by forms I.B to I.S in the monthly operating report. Form I.B is a summary reconciliation that shows all receipts and disbursement activity. Forms I.C - I.S represent an account analysis based on bank activity.
(a) Roll forward of outstanding checks & interco timing difference from previous period
(b) Current period Outstanding checks should tie to I.B p3
UNITED STATES DEPARTMENT OF JUSTICE
OFFICE OF THE UNITED STATES TRUSTEE
CENTRAL DISTRICT OF CALIFORNIA
In Re: |
| CHAPTER 11 (BUSINESS) |
|
Fleetwood Enterprise, Inc. |
|
|
|
|
| Case Number: | 09-14254MJ |
|
| Operating Report Number: | 12 |
Debtor(s). |
| For the Month Ending: | 3/21/2010 |
I. CASH RECEIPTS AND DISBURSEMENTS
B. (GENERAL ACCOUNT*)
1. | TOTAL RECEIPTS PER ALL PRIOR GENERAL ACCOUNT REPORTS |
|
|
| $ | — |
| |
|
|
|
|
|
|
| ||
2. | LESS: TOTAL DISBURSEMENTS PER ALL PRIOR GENERAL ACCOUNT REPORTS |
|
|
| 0.00 |
| ||
|
|
|
|
|
|
| ||
3. | BEGINNING BALANCE: |
|
|
| $ | 40,144,537.99 |
| |
|
|
|
|
|
|
| ||
4. | RECEIPTS DURING CURRENT PERIOD: |
|
|
|
|
| ||
| Accounts Receivable - Post-filing |
|
|
|
|
| ||
| Accounts Receivable - Pre-filing |
| 33,939.11 |
|
|
| ||
| General Sales |
|
|
|
|
| ||
| Other (Specify) | Gibraltar payment |
| 280,211.47 |
|
|
| |
| Sale of Assets |
| 104,006.44 |
|
|
| ||
| Non-trade receipts (employee purchases, tax refunds, interest income, etc.) |
| 615,843.98 |
|
|
| ||
|
|
|
|
|
|
| ||
| **Other (Specify) | Feb-10 receipts correction |
| (62,991.71 | ) |
|
| |
|
|
|
|
|
|
|
| |
| TOTAL RECEIPTS THIS PERIOD: |
|
|
| 971,009.29 |
| ||
|
|
|
|
|
|
| ||
5. | BALANCE: |
|
|
| $ | 41,115,547.28 |
| |
|
|
|
|
|
|
| ||
6. | LESS: TOTAL DISBURSEMENTS DURING CURRENT PERIOD |
|
|
|
|
| ||
| Transfers to Other DIP Accounts (from page 2) |
| 0.00 |
|
|
| ||
| Disbursements (from page 2) |
| 5,098,139.49 |
|
|
| ||
|
|
|
|
|
|
| ||
| TOTAL DISBURSEMENTS THIS PERIOD:*** |
|
|
| 5,098,139.49 |
| ||
|
|
|
|
|
|
| ||
| UNRECONCILED AMOUNT |
|
|
| 0.00 |
| ||
|
|
|
|
|
|
| ||
| LOAN REVOLVER BALANCE |
|
|
| (0.00 | ) | ||
|
|
|
|
|
|
| ||
7. | ENDING BALANCE: |
|
|
| $ | 36,017,407.79 |
| |
|
|
|
|
|
|
| ||
8. | General Account Number(s): |
| 06280-14200 |
|
|
| ||
|
|
|
|
|
|
| ||
| Depository Name & Location: |
| Bank of America |
| ||||
|
|
| 675 Anton Blvd., 2nd Floor |
| ||||
|
|
| Costa Mesa, CA 92626 |
|
* | All receipts must be deposited into the general account. |
** | Include receipts from the sale of any real or personal property out of the ordinary course of business; attach an exhibit specifying what was sold, to whom, terms, and date of Court Order or Report of Sale. |
*** | This amount should be the same as the total from page 2. |
TOTAL DISBURSEMENTS FROM GENERAL ACCOUNT FOR CURRENT PERIOD
Date |
| Check Number |
| Payee or DIP account |
| Purpose |
| *Amount Transfered |
| **Amount |
| Amount |
|
2/23/2010 |
| 413000 |
| PHILLIPS MARION L |
| Other Holding Cost |
|
|
| 840.25 |
| 840.25 |
|
2/23/2010 |
| 347618 |
| EMPLOYMENT SOLUTIONS INC |
| Salary |
|
|
| 5,306.13 |
| 5,306.13 |
|
2/23/2010 |
| 347619 |
| PRICEWATERHOUSE COOPERS |
| General and Administrative |
|
|
| 1,429.00 |
| 1,429.00 |
|
2/23/2010 |
| 347620 |
| PROFESSIONAL SERVICE INDUSTRIES IN |
| General and Administrative |
|
|
| 23,439.00 |
| 23,439.00 |
|
2/23/2010 |
| 347621 |
| SUNGARD AVAILABILITY SERVICES LP |
| General and Administrative |
|
|
| 7,062.00 |
| 7,062.00 |
|
2/23/2010 |
| 347622 |
| WOLFE SOLUTIONS INC |
| General and Administrative |
|
|
| 8,100.00 |
| 8,100.00 |
|
2/23/2010 |
| 412995 |
| CHANEY J T |
| Other Holding Cost |
|
|
| 562.06 |
| 562.06 |
|
2/23/2010 |
| 412996 |
| CHAPMAN ROBERT J |
| Other Holding Cost |
|
|
| 500.00 |
| 500.00 |
|
2/23/2010 |
| 412997 |
| FRONTIER SUPPLY CHAIN SOLUTIONS INC |
| General and Administrative |
|
|
| 52.50 |
| 52.50 |
|
2/23/2010 |
| 412998 |
| HENNIG HERMAN J |
| Other Holding Cost |
|
|
| 150.00 |
| 150.00 |
|
2/23/2010 |
| 412999 |
| MARTINEZ SEVERO Z |
| Other Holding Cost |
|
|
| 150.00 |
| 150.00 |
|
2/23/2010 |
| 413001 |
| ROCK JASON C |
| Other Holding Cost |
|
|
| 600.00 |
| 600.00 |
|
2/23/2010 |
| 413002 |
| SECRETARY OF STATE |
| General and Administrative |
|
|
| 25.00 |
| 25.00 |
|
2/23/2010 |
| 413003 |
| SECRETARY OF STATE |
| General and Administrative |
|
|
| 25.00 |
| 25.00 |
|
2/23/2010 |
| 413004 |
| TRANSWASTE SERVICES |
| Manufacturing Overhead |
|
|
| 1,657.97 |
| 1,657.97 |
|
2/23/2010 |
| 413005 |
| WEST ROBERT S |
| Other Holding Cost |
|
|
| 550.00 |
| 550.00 |
|
2/23/2010 |
| 413006 |
| WINEBAR KEITH E |
| Other Holding Cost |
|
|
| 600.00 |
| 600.00 |
|
2/25/2010 |
| 347623 |
| ADP TIME RESOURCE MANAGEMENT |
| General and Administrative |
|
|
| 2,249.66 |
| 2,249.66 |
|
2/25/2010 |
| 347624 |
| AETNA INC - MIDDLETOWN |
| Other (Taxes, Benefits, etc.) |
|
|
| 518.40 |
| 518.40 |
|
2/25/2010 |
| 347625 |
| EMPLOYMENT SOLUTIONS INC |
| Salary |
|
|
| 674.88 |
| 674.88 |
|
2/25/2010 |
| 347626 |
| JASON LEIDIG |
| General and Administrative |
|
|
| 23.06 |
| 23.06 |
|
2/25/2010 |
| 347627 |
| OTIS ELEVATOR COMPANY |
| General and Administrative |
|
|
| 312.86 |
| 312.86 |
|
2/25/2010 |
| 347628 |
| UPS - UNITED PARCEL SERVICE |
| General and Administrative |
|
|
| 375.16 |
| 375.16 |
|
2/25/2010 |
| 413007 |
| AT&T - LOCAL |
| Other Holding Cost |
|
|
| 1,943.03 |
| 1,943.03 |
|
2/25/2010 |
| 413008 |
| CASCADE NATURAL GAS CO |
| Other Holding Cost |
|
|
| 25.20 |
| 25.20 |
|
2/25/2010 |
| 413009 |
| CITY OF RIVERSIDE - CUST SERVICE |
| Other Holding Cost |
|
|
| 2,395.67 |
| 2,395.67 |
|
2/25/2010 |
| 413010 |
| EYE SPY SECURITY |
| Other Holding Cost |
|
|
| 5,125.00 |
| 5,125.00 |
|
2/25/2010 |
| 413011 |
| GEXA ENERGY LP |
| Other Holding Cost |
|
|
| 4,359.50 |
| 4,359.50 |
|
2/25/2010 |
| 413012 |
| GOFF MURRAY |
| Other Holding Cost |
|
|
| 100.00 |
| 100.00 |
|
2/25/2010 |
| 413013 |
| HUNT MICHAEL L |
| Other Holding Cost |
|
|
| 357.50 |
| 357.50 |
|
2/25/2010 |
| 413014 |
| JANSSEN JACK |
| Other Holding Cost |
|
|
| 514.82 |
| 514.82 |
|
2/25/2010 |
| 413015 |
| NIPSCO |
| Manufacturing Overhead |
|
|
| 227.58 |
| 227.58 |
|
2/25/2010 |
| 413016 |
| PA HAZARDOUS MATERIAL RESPONSE |
| Other Holding Cost |
|
|
| 10.00 |
| 10.00 |
|
2/25/2010 |
| 413017 |
| RUBIDOUX COMMUNITY SERVICE |
| Other Holding Cost |
|
|
| 1,969.41 |
| 1,969.41 |
|
2/25/2010 |
| 413018 |
| SOUTH COAST AQMD - FILE 54493 |
| Other Holding Cost |
|
|
| 19.38 |
| 19.38 |
|
2/25/2010 |
| 413019 |
| WEEKS TRACY |
| Other Holding Cost |
|
|
| 250.00 |
| 250.00 |
|
2/25/2010 |
| 413020 |
| WINDSTREAM CORPORATION |
| Other Holding Cost |
|
|
| 75.62 |
| 75.62 |
|
3/1/2010 |
| 413021 |
| KRUEGER ROBERT |
| Other Holding Cost |
|
|
| 1,000.00 |
| 1,000.00 |
|
3/1/2010 |
| 413022 |
| TREANGEN MICHELE |
| Other Holding Cost |
|
|
| 4,725.00 |
| 4,725.00 |
|
3/2/2010 |
| 347629 |
| ALSTON & BIRD LLP |
| General and Administrative |
|
|
| 877.13 |
| 877.13 |
|
3/2/2010 |
| 347630 |
| AMERICAN RECOVERY SERVICE INC. |
| General and Administrative |
|
|
| 186.12 |
| 186.12 |
|
3/2/2010 |
| 347631 |
| BLAKE CASSELS & GRAYDON |
| General and Administrative |
|
|
| 1,023.93 |
| 1,023.93 |
|
3/2/2010 |
| 347632 |
| IRON MOUNTAIN OFF SITE DATA PROTECTION |
| General and Administrative |
|
|
| 5,494.61 |
| 5,494.61 |
|
3/2/2010 |
| 347633 |
| MAUREEN SCHWITZER |
| General and Administrative |
|
|
| 3,200.00 |
| 3,200.00 |
|
3/2/2010 |
| 347634 |
| MCMAHON WILLIAM F |
| General and Administrative |
|
|
| 134.75 |
| 134.75 |
|
3/2/2010 |
| 347635 |
| STEWART MARY ANN |
| General and Administrative |
|
|
| 300.00 |
| 300.00 |
|
3/2/2010 |
| 413023 |
| ADVANTAGE SECURTIY |
| Other Holding Cost |
|
|
| 137.00 |
| 137.00 |
|
3/2/2010 |
| 413024 |
| ALARM CENTER INC |
| Other Holding Cost |
|
|
| 59.54 |
| 59.54 |
|
3/2/2010 |
| 413025 |
| AT&T - LOCAL |
| Other Holding Cost |
|
|
| 241.40 |
| 241.40 |
|
3/2/2010 |
| 413026 |
| CHANEY J T |
| Other Holding Cost |
|
|
| 500.00 |
| 500.00 |
|
3/2/2010 |
| 413027 |
| CITY OF WACO WATER DEPT 84 36106-66273 |
| General and Administrative |
|
|
| 62.93 |
| 62.93 |
|
3/2/2010 |
| 413028 |
| CVILLE ELECTRIC LIGHT & POWER |
| Other Holding Cost |
|
|
| 1,091.84 |
| 1,091.84 |
|
3/2/2010 |
| 413029 |
| EDGERTON UTILITIES |
| Other Holding Cost |
|
|
| 2,199.29 |
| 2,199.29 |
|
3/2/2010 |
| 413030 |
| FLEETWOOD HOMES, INC |
| Other Holding Cost |
|
|
| 396.76 |
| 396.76 |
|
3/2/2010 |
| 413031 |
| GEORGIA POWER |
| Other Holding Cost |
|
|
| 625.83 |
| 625.83 |
|
3/2/2010 |
| 413032 |
| HENNIG HERMAN J |
| Other Holding Cost |
|
|
| 150.00 |
| 150.00 |
|
3/2/2010 |
| 413033 |
| INDIANA AMERICAN WATER CO |
| Other Holding Cost |
|
|
| 307.06 |
| 307.06 |
|
3/2/2010 |
| 413034 |
| MARTINEZ SEVERO Z |
| Other Holding Cost |
|
|
| 150.00 |
| 150.00 |
|
3/2/2010 |
| 413035 |
| PHILLIPS MARION L |
| Other Holding Cost |
|
|
| 858.27 |
| 858.27 |
|
3/2/2010 |
| 413036 |
| RUBIDOUX COMMUNITY SERVICE |
| Other Holding Cost |
|
|
| 590.57 |
| 590.57 |
|
3/2/2010 |
| 413037 |
| SOUTHERN CAL GAS CO |
| Other Holding Cost |
|
|
| 58.89 |
| 58.89 |
|
3/2/2010 |
| 413038 |
| SPRINT |
| Other Holding Cost |
|
|
| 1,238.02 |
| 1,238.02 |
|
3/2/2010 |
| 413039 |
| STANTEC CONSULTING CORPORATION |
| Other Holding Cost |
|
|
| 772.50 |
| 772.50 |
|
3/2/2010 |
| 413040 |
| STEPHENS JEREMY BRENT |
| Manufacturing Overhead |
|
|
| 405.01 |
| 405.01 |
|
3/2/2010 |
| 413041 |
| TAMPA ELECTRIC CO |
| Other Holding Cost |
|
|
| 922.72 |
| 922.72 |
|
3/2/2010 |
| 413042 |
| TREANGEN MICHELE |
| Other Holding Cost |
|
|
| 114.71 |
| 114.71 |
|
3/2/2010 |
| 413043 |
| TRI STATE SECURITY |
| Other Holding Cost |
|
|
| 1,008.00 |
| 1,008.00 |
|
3/2/2010 |
| 413044 |
| TRICO DISPOSAL INC |
| Other Holding Cost |
|
|
| 15.00 |
| 15.00 |
|
3/2/2010 |
| 413045 |
| UPS - UNITED PARCEL SERVICE |
| Other Holding Cost |
|
|
| 442.13 |
| 442.13 |
|
3/2/2010 |
| 413046 |
| VECTREN ENERGY DELIVERY OF INDIANA |
| Other Holding Cost |
|
|
| 9,547.19 |
| 9,547.19 |
|
3/2/2010 |
| 413047 |
| WEST ROBERT S |
| Other Holding Cost |
|
|
| 275.00 |
| 275.00 |
|
3/2/2010 |
| 413048 |
| WINEBAR KEITH E |
| Other Holding Cost |
|
|
| 600.00 |
| 600.00 |
|
3/2/2010 |
| 413049 |
| WOODLAND CITY OF WA |
| Other Holding Cost |
|
|
| 296.30 |
| 296.30 |
|
3/2/2010 |
| 413050 |
| BORING-SMITH |
| Raw Material |
|
|
| 309.60 |
| 309.60 |
|
3/5/2010 |
| 347636 |
| AT&T MOBILITY |
| General and Administrative |
|
|
| 329.30 |
| 329.30 |
|
3/5/2010 |
| 347637 |
| ATHENS SERVICES |
| General and Administrative |
|
|
| 366.42 |
| 366.42 |
|
3/5/2010 |
| 347638 |
| CITY OF RIVERSIDE - CUST SERVICE |
| General and Administrative |
|
|
| 5,814.12 |
| 5,814.12 |
|
3/5/2010 |
| 347639 |
| COMPUTERSHARE INC |
| General and Administrative |
|
|
| 2,903.40 |
| 2,903.40 |
|
3/5/2010 |
| 347640 |
| CORPTAX LLC |
| General and Administrative |
|
|
| 20,000.00 |
| 20,000.00 |
|
3/5/2010 |
| 347641 |
| CRADDOCK DAVIS & KRAUSE LLP |
| General and Administrative |
|
|
| 4,277.07 |
| 4,277.07 |
|
3/5/2010 |
| 347642 |
| EN POINTE TECHNOLOGIES SALES INC |
| General and Administrative |
|
|
| 127,000.00 |
| 127,000.00 |
|
3/5/2010 |
| 347643 |
| LEAKE & ANDERSSON LLP |
| General and Administrative |
|
|
| 4,792.23 |
| 4,792.23 |
|
3/5/2010 |
| 347644 |
| LITTLER MENDELSON PC |
| General and Administrative |
|
|
| 146.00 |
| 146.00 |
|
3/5/2010 |
| 347645 |
| NATIONAL UNION FIRE INSURANCE CO |
| Other (Taxes, Benefits, etc.) |
|
|
| 90.39 |
| 90.39 |
|
TOTAL DISBURSEMENTS FROM GENERAL ACCOUNT FOR CURRENT PERIOD
Date |
| Check Number |
| Payee or DIP account |
| Purpose |
| *Amount Transfered |
| **Amount |
| Amount |
|
3/5/2010 |
| 347646 |
| NELSON MULLINS RILEY & SCARBOROUGH LLP |
| General and Administrative |
|
|
| 819.00 |
| 819.00 |
|
3/5/2010 |
| 347647 |
| PRINCIPAL LIFE INS - COST PLUS LIFE |
| Other (Taxes, Benefits, etc.) |
|
|
| 96.58 |
| 96.58 |
|
3/5/2010 |
| 347648 |
| PRINCIPAL LIFE INS - OTL PREMIUM |
| Other (Taxes, Benefits, etc.) |
|
|
| 411.80 |
| 411.80 |
|
3/5/2010 |
| 347649 |
| SPRINT |
| General and Administrative |
|
|
| 134.93 |
| 134.93 |
|
3/5/2010 |
| 347650 |
| SUN LIFE FINANCIAL |
| Other (Taxes, Benefits, etc.) |
|
|
| 708.76 |
| 708.76 |
|
3/5/2010 |
| 347651 |
| THOMPSON & COLEGATE LLP |
| General and Administrative |
|
|
| 119.77 |
| 119.77 |
|
3/5/2010 |
| 347652 |
| TW TELECOM |
| General and Administrative |
|
|
| 924.89 |
| 924.89 |
|
3/5/2010 |
| 413051 |
| AT&T - LOCAL |
| Other Holding Cost |
|
|
| 190.13 |
| 190.13 |
|
3/5/2010 |
| 413052 |
| CHAPMAN ROBERT J |
| Other Holding Cost |
|
|
| 500.00 |
| 500.00 |
|
3/5/2010 |
| 413053 |
| CITY OF GARRETT UTILITIES |
| Other Holding Cost |
|
|
| 5.11 |
| 5.11 |
|
3/5/2010 |
| 413054 |
| CRADDOCK DAVIS & KRAUSE LLP |
| General and Administrative |
|
|
| 19,120.89 |
| 19,120.89 |
|
3/5/2010 |
| 413055 |
| FLEETWOOD HOMES, INC |
| Other Holding Cost |
|
|
| 343.43 |
| 343.43 |
|
3/5/2010 |
| 413056 |
| HUNT MICHAEL L |
| Other Holding Cost |
|
|
| 300.00 |
| 300.00 |
|
3/5/2010 |
| 413057 |
| INDIANA AMERICAN WATER CO |
| Other Holding Cost |
|
|
| 61.02 |
| 61.02 |
|
3/5/2010 |
| 413058 |
| LITTLER MENDELSON PC |
| General and Administrative |
|
|
| 430.00 |
| 430.00 |
|
3/5/2010 |
| 413059 |
| PENNSYLVANIA POWER & LIGHT COMPANY |
| Other Holding Cost |
|
|
| 5,444.86 |
| 5,444.86 |
|
3/5/2010 |
| 413060 |
| ROCK JASON C |
| Other Holding Cost |
|
|
| 600.00 |
| 600.00 |
|
3/5/2010 |
| 413061 |
| SOUTHERN CAL EDISON |
| Other Holding Cost |
|
|
| 209.11 |
| 209.11 |
|
3/5/2010 |
| 413062 |
| SPRINT |
| Other Holding Cost |
|
|
| 231.19 |
| 231.19 |
|
3/5/2010 |
| 413063 |
| THOMPSON & COLEGATE LLP |
| General and Administrative |
|
|
| 649.86 |
| 649.86 |
|
3/5/2010 |
| 413064 |
| YRC INC |
| Shipping and Handling |
|
|
| 161.30 |
| 161.30 |
|
3/5/2010 |
| 413065 |
| GRODRIAN A DAVID |
| Other Holding Cost |
|
|
| 900.00 |
| 900.00 |
|
3/9/2010 |
| 347653 |
| AT&T |
| General and Administrative |
|
|
| 196.30 |
| 196.30 |
|
3/9/2010 |
| 347654 |
| AT&T |
| General and Administrative |
|
|
| 1,545.46 |
| 1,545.46 |
|
3/9/2010 |
| 347655 |
| AT&T TELECONFERENCE SERVICES |
| General and Administrative |
|
|
| 470.07 |
| 470.07 |
|
3/9/2010 |
| 347656 |
| ATHENS SERVICES |
| General and Administrative |
|
|
| 1,078.73 |
| 1,078.73 |
|
3/9/2010 |
| 347657 |
| BRYAN CAVE LLP |
| General and Administrative |
|
|
| 3,000.00 |
| 3,000.00 |
|
3/9/2010 |
| 347658 |
| HEWLETT PACKARD COMPANY |
| General and Administrative |
|
|
| 34,184.67 |
| 34,184.67 |
|
3/9/2010 |
| 347659 |
| LARKIN LYLE |
| General and Administrative |
|
|
| 1,081.67 |
| 1,081.67 |
|
3/9/2010 |
| 347660 |
| NATIONAL UNION FIRE INSURANCE CO |
| Other (Taxes, Benefits, etc.) |
|
|
| 78.96 |
| 78.96 |
|
3/9/2010 |
| 347661 |
| PRINCIPAL LIFE INS - OTL PREMIUM |
| Other (Taxes, Benefits, etc.) |
|
|
| 1,288.66 |
| 1,288.66 |
|
3/9/2010 |
| 347662 |
| SYSTEMS NEWS ONLINE |
| General and Administrative |
|
|
| 1,592.38 |
| 1,592.38 |
|
3/9/2010 |
| 347663 |
| WOLFE SOLUTIONS INC |
| Professional Fees |
|
|
| 4,800.00 |
| 4,800.00 |
|
3/9/2010 |
| 413066 |
| AT&T |
| Warranty Work |
|
|
| 337.77 |
| 337.77 |
|
3/9/2010 |
| 413067 |
| AT&T |
| Other Holding Cost |
|
|
| 2,622.65 |
| 2,622.65 |
|
3/9/2010 |
| 413068 |
| AT&T - BOX 660011 |
| Other Holding Cost |
|
|
| 177.81 |
| 177.81 |
|
3/9/2010 |
| 413069 |
| AT&T - LOCAL |
| Other Holding Cost |
|
|
| 28.39 |
| 28.39 |
|
3/9/2010 |
| 413070 |
| AT&T TELECONFERENCE SERVICES |
| Selling Expense |
|
|
| 135.71 |
| 135.71 |
|
3/9/2010 |
| 413071 |
| CHANEY J T |
| Other Holding Cost |
|
|
| 610.03 |
| 610.03 |
|
3/9/2010 |
| 413072 |
| CHAPMAN ROBERT J |
| Other Holding Cost |
|
|
| 500.00 |
| 500.00 |
|
3/9/2010 |
| 413073 |
| CVILLE ELECTRIC LIGHT & POWER |
| Other Holding Cost |
|
|
| 174.14 |
| 174.14 |
|
3/9/2010 |
| 413074 |
| HAY-BUSH MECHANICAL LLC |
| Other Holding Cost |
|
|
| 271.10 |
| 271.10 |
|
3/9/2010 |
| 413075 |
| HENNIG HERMAN J |
| Other Holding Cost |
|
|
| 150.00 |
| 150.00 |
|
3/9/2010 |
| 413076 |
| MARTINEZ SEVERO Z |
| Other Holding Cost |
|
|
| 150.00 |
| 150.00 |
|
3/9/2010 |
| 413077 |
| MUNICIPAL AUTHORITY OF RALPHO TOWNSHIP |
| Other Holding Cost |
|
|
| 540.00 |
| 540.00 |
|
3/9/2010 |
| 413078 |
| OHIO GAS COMPANY |
| Other Holding Cost |
|
|
| 990.43 |
| 990.43 |
|
3/9/2010 |
| 413079 |
| PENNSYLVANIA POWER & LIGHT COMPANY |
| Other Holding Cost |
|
|
| 4,457.63 |
| 4,457.63 |
|
3/9/2010 |
| 413080 |
| PHILLIPS MARION L |
| Other Holding Cost |
|
|
| 896.00 |
| 896.00 |
|
3/9/2010 |
| 413081 |
| SOUTHERN CAL EDISON |
| Other Holding Cost |
|
|
| 209.14 |
| 209.14 |
|
3/9/2010 |
| 413082 |
| TRANSWASTE SERVICES |
| Manufacturing Overhead |
|
|
| 271.60 |
| 271.60 |
|
3/9/2010 |
| 413083 |
| TRICO DISPOSAL INC |
| Other Holding Cost |
|
|
| 30.00 |
| 30.00 |
|
3/9/2010 |
| 413084 |
| WEST ROBERT S |
| Other Holding Cost |
|
|
| 275.00 |
| 275.00 |
|
3/9/2010 |
| 413085 |
| WINEBAR KEITH E |
| Other Holding Cost |
|
|
| 600.00 |
| 600.00 |
|
3/10/2010 |
| 413086 |
| STATE COMPENSATION INSURANCE FUND |
| Other (Taxes, Benefits, etc.) |
|
|
| 3,324.82 |
| 3,324.82 |
|
3/12/2010 |
| 347664 |
| CCH INCORPORATED |
| General and Administrative |
|
|
| 2,904.00 |
| 2,904.00 |
|
3/12/2010 |
| 347665 |
| COSHO HUMPHREY LLP |
| General and Administrative |
|
|
| 665.00 |
| 665.00 |
|
3/12/2010 |
| 347666 |
| DUCHARME MCMILLEN & ASSOCIATES |
| Other Holding Cost |
|
|
| 3,741.46 |
| 3,741.46 |
|
3/12/2010 |
| 347667 |
| SAFESITE INC |
| General and Administrative |
|
|
| 2,244.50 |
| 2,244.50 |
|
3/12/2010 |
| 413087 |
| ALL AMERICAN ALARMS |
| Other Holding Cost |
|
|
| 1,053.33 |
| 1,053.33 |
|
3/12/2010 |
| 413088 |
| GOFF MURRAY |
| Other Holding Cost |
|
|
| 100.00 |
| 100.00 |
|
3/12/2010 |
| 413089 |
| HCI ENVIRONMENTAL & ENGINEERING |
| Other Holding Cost |
|
|
| 54,941.88 |
| 54,941.88 |
|
3/12/2010 |
| 413090 |
| HUNT MICHAEL L |
| Other Holding Cost |
|
|
| 300.00 |
| 300.00 |
|
3/12/2010 |
| 413091 |
| PENNSYLVANIA POWER & LIGHT COMPANY |
| Other Holding Cost |
|
|
| 2,688.48 |
| 2,688.48 |
|
3/12/2010 |
| 413092 |
| PENNSYLVANIA POWER & LIGHT COMPANY |
| Other Holding Cost |
|
|
| 12.01 |
| 12.01 |
|
3/12/2010 |
| 413093 |
| PUD 1 OF COWLITZ COUNTY |
| Other Holding Cost |
|
|
| 750.87 |
| 750.87 |
|
3/12/2010 |
| 413094 |
| ROCK JASON C |
| Other Holding Cost |
|
|
| 600.00 |
| 600.00 |
|
3/12/2010 |
| 413095 |
| STANLEY CONVERGENT SECURITY SOLUTIONS |
| Other Holding Cost |
|
|
| 1,113.04 |
| 1,113.04 |
|
3/12/2010 |
| 413096 |
| INDIANA MICHIGAN POWER |
| Other Holding Cost |
|
|
| 46.64 |
| 46.64 |
|
3/16/2010 |
| 413100 |
| GEORGIA STATE - SALES & USE TAX |
| Other Holding Cost |
|
|
| 11.52 |
| 11.52 |
|
3/16/2010 |
| 347668 |
| AT&T |
| General and Administrative |
|
|
| 37,710.06 |
| 37,710.06 |
|
3/16/2010 |
| 347671 |
| HEWLETT PACKARD COMPANY |
| General and Administrative |
|
|
| 615.92 |
| 615.92 |
|
3/16/2010 |
| 347672 |
| MAUREEN SCHWITZER |
| General and Administrative |
|
|
| 3,200.00 |
| 3,200.00 |
|
3/16/2010 |
| 347673 |
| PRICEWATERHOUSE COOPERS |
| General and Administrative |
|
|
| 3,165.00 |
| 3,165.00 |
|
3/16/2010 |
| 347674 |
| STEWART MARY ANN |
| General and Administrative |
|
|
| 300.00 |
| 300.00 |
|
3/16/2010 |
| 347676 |
| TALX UCEXPRESS |
| General and Administrative |
|
|
| 6,660.00 |
| 6,660.00 |
|
3/16/2010 |
| 347677 |
| UPS - UNITED PARCEL SERVICE |
| General and Administrative |
|
|
| 169.09 |
| 169.09 |
|
3/16/2010 |
| 347678 |
| VERIZON WIRELESS - BOX 9622 CA |
| General and Administrative |
|
|
| 1,648.83 |
| 1,648.83 |
|
3/16/2010 |
| 413097 |
| AT&T |
| General and Administrative |
|
|
| 13,776.24 |
| 13,776.24 |
|
3/16/2010 |
| 413098 |
| AT&T - LOCAL |
| Other Holding Cost |
|
|
| 566.81 |
| 566.81 |
|
3/16/2010 |
| 413099 |
| CHANEY J T |
| Other Holding Cost |
|
|
| 550.14 |
| 550.14 |
|
3/16/2010 |
| 413101 |
| HENNIG HERMAN J |
| Other Holding Cost |
|
|
| 150.00 |
| 150.00 |
|
3/16/2010 |
| 413102 |
| JANSSEN JACK |
| Other Holding Cost |
|
|
| 200.00 |
| 200.00 |
|
3/16/2010 |
| 413103 |
| KRUEGER ROBERT |
| Other Holding Cost |
|
|
| 1,000.00 |
| 1,000.00 |
|
3/16/2010 |
| 413104 |
| MARTINEZ SEVERO Z |
| Other Holding Cost |
|
|
| 150.00 |
| 150.00 |
|
TOTAL DISBURSEMENTS FROM GENERAL ACCOUNT FOR CURRENT PERIOD
Date |
| Check Number |
| Payee or DIP account |
| Purpose |
| *Amount |
| **Amount |
| Amount |
|
3/16/2010 |
| 413105 |
| PHILLIPS MARION L |
| Other Holding Cost |
|
|
| 966.00 |
| 966.00 |
|
3/16/2010 |
| 413106 |
| TREANGEN MICHELE |
| Other Holding Cost |
|
|
| 4,800.00 |
| 4,800.00 |
|
3/16/2010 |
| 413107 |
| VERIZON WIRELESS - BOX 9622 CA |
| Warranty Work |
|
|
| 1,287.80 |
| 1,287.80 |
|
3/16/2010 |
| 413108 |
| WEST ROBERT S |
| Other Holding Cost |
|
|
| 275.00 |
| 275.00 |
|
3/16/2010 |
| 413109 |
| WINEBAR KEITH E |
| Other Holding Cost |
|
|
| 600.00 |
| 600.00 |
|
3/16/2010 |
| 413110 |
| GOFF MURRAY |
| Other Holding Cost |
|
|
| 100.00 |
| 100.00 |
|
3/19/2010 |
| 347679 |
| AETNA INC - MIDDLETOWN |
| Other (Taxes, Benefits, etc.) |
|
|
| 518.40 |
| 518.40 |
|
3/19/2010 |
| 347680 |
| AT&T |
| General and Administrative |
|
|
| 15,810.17 |
| 15,810.17 |
|
3/19/2010 |
| 347681 |
| AT&T |
| General and Administrative |
|
|
| 301.80 |
| 301.80 |
|
3/19/2010 |
| 347682 |
| AT&T |
| General and Administrative |
|
|
| 822.54 |
| 822.54 |
|
3/19/2010 |
| 347683 |
| SPRINT |
| General and Administrative |
|
|
| 1,079.82 |
| 1,079.82 |
|
3/19/2010 |
| 347684 |
| TALX CORPORATION |
| General and Administrative |
|
|
| 153.00 |
| 153.00 |
|
3/19/2010 |
| 413111 |
| ARIZONA PUBLIC SERVICE CO |
| Other Holding Cost |
|
|
| 132.31 |
| 132.31 |
|
3/19/2010 |
| 413112 |
| CASCADE NATURAL GAS CO |
| Other Holding Cost |
|
|
| 50.89 |
| 50.89 |
|
3/19/2010 |
| 413113 |
| CITY OF RIVERSIDE - CUST SERVICE |
| Other Holding Cost |
|
|
| 3,142.38 |
| 3,142.38 |
|
3/19/2010 |
| 413114 |
| CVILLE ELECTRIC LIGHT & POWER |
| Other Holding Cost |
|
|
| 1,109.35 |
| 1,109.35 |
|
3/19/2010 |
| 413115 |
| HUNT MICHAEL L |
| Other Holding Cost |
|
|
| 357.50 |
| 357.50 |
|
3/19/2010 |
| 413116 |
| PUD 1 OF COWLITZ COUNTY |
| Other Holding Cost |
|
|
| 13.37 |
| 13.37 |
|
3/19/2010 |
| 413117 |
| TRI STATE SECURITY |
| Other Holding Cost |
|
|
| 1,008.00 |
| 1,008.00 |
|
3/19/2010 |
| 413118 |
| UGI CORPORATION |
| Other Holding Cost |
|
|
| 6,916.78 |
| 6,916.78 |
|
3/19/2010 |
| 413119 |
| ADT SECURITY SERVICES |
| Other Holding Cost |
|
|
| 107.84 |
| 107.84 |
|
3/19/2010 |
| 413120 |
| HCI ENVIRONMENTAL & ENGINEERING |
| Other Holding Cost |
|
|
| 165,617.06 |
| 165,617.06 |
|
3/19/2010 |
| 413121 |
| SPRINT |
| Other Holding Cost |
|
|
| 1,916.86 |
| 1,916.86 |
|
2/24/2010 |
| ADP Wire |
| ADP TIME RESOURCE MANAGEMENT |
| Payroll |
|
|
| 63,174.97 |
| 63,174.97 |
|
2/25/2010 |
| ADP Wire |
| ADP TIME RESOURCE MANAGEMENT |
| Payroll Taxes |
|
|
| 18,026.58 |
| 18,026.58 |
|
2/26/2010 |
| ADP Wire |
| ADP TIME RESOURCE MANAGEMENT |
| Payroll Manual Checks |
|
|
| 2,113.11 |
| 2,113.11 |
|
3/3/2010 |
| ADP Wire |
| ADP TIME RESOURCE MANAGEMENT |
| Payroll |
|
|
| 4,372.82 |
| 4,372.82 |
|
3/4/2010 |
| ADP Wire |
| ADP TIME RESOURCE MANAGEMENT |
| Payroll Taxes |
|
|
| 23,477.69 |
| 23,477.69 |
|
3/5/2010 |
| ADP Wire |
| ADP TIME RESOURCE MANAGEMENT |
| Payroll Manual Checks |
|
|
| 1,475.98 |
| 1,475.98 |
|
3/10/2010 |
| ADP Wire |
| ADP TIME RESOURCE MANAGEMENT |
| Payroll |
|
|
| 60,798.89 |
| 60,798.89 |
|
3/11/2010 |
| ADP Wire |
| ADP TIME RESOURCE MANAGEMENT |
| Payroll Taxes |
|
|
| 33,939.12 |
| 33,939.12 |
|
3/15/2010 |
| ADP Wire |
| ADP TIME RESOURCE MANAGEMENT |
| Payroll Manual Checks |
|
|
| 13,734.00 |
| 13,734.00 |
|
3/16/2010 |
| ADP Wire |
| ADP TIME RESOURCE MANAGEMENT |
| Payroll Manual Checks |
|
|
| 4,100.94 |
| 4,100.94 |
|
3/17/2010 |
| ADP Wire |
| ADP TIME RESOURCE MANAGEMENT |
| Payroll |
|
|
| 4,991.38 |
| 4,991.38 |
|
3/18/2010 |
| ADP Wire |
| ADP TIME RESOURCE MANAGEMENT |
| Payroll Taxes |
|
|
| 16,429.31 |
| 16,429.31 |
|
2/23/2010 |
| ACH |
| ADP TIME RESOURCE MANAGEMENT |
| ADP Monthly Fees |
|
|
| 13,836.28 |
| 13,836.28 |
|
3/2/2010 |
| ACH |
| ADP TIME RESOURCE MANAGEMENT |
| ADP Monthly Fees |
|
|
| 23,646.77 |
| 23,646.77 |
|
3/2/2010 |
| ACH |
| ADP TIME RESOURCE MANAGEMENT |
| ADP Monthly Fees |
|
|
| 259.70 |
| 259.70 |
|
3/5/2010 |
| ACH |
| ADP TIME RESOURCE MANAGEMENT |
| ADP Monthly Fees |
|
|
| 99.14 |
| 99.14 |
|
3/15/2010 |
| ACH |
| ADP TIME RESOURCE MANAGEMENT |
| ADP Monthly Fees |
|
|
| 58.73 |
| 58.73 |
|
2/22/2010 |
| 28998418 |
| AETNA INC - AETNA NA WEST |
| Aetna EE - HSA |
|
|
| 108.65 |
| 108.65 |
|
3/1/2010 |
| 29104726 |
| AETNA INC - AETNA NA WEST |
| Aetna EE - HSA |
|
|
| 2,996.15 |
| 2,996.15 |
|
3/8/2010 |
| 29187420 |
| AETNA INC - AETNA NA WEST |
| Aetna EE - HSA |
|
|
| 46.15 |
| 46.15 |
|
3/15/2010 |
| ACH |
| AETNA INC - AETNA NA WEST |
| Aetna EE - HSA |
|
|
| 346.15 |
| 346.15 |
|
2/22/2010 |
| 28998418 |
| AETNA INC - AETNA NA WEST |
| Aetna ER - HSA |
|
|
| 52.90 |
| 52.90 |
|
3/1/2010 |
| 29104726 |
| AETNA INC - AETNA NA WEST |
| Aetna ER - HSA |
|
|
| 303.69 |
| 303.69 |
|
3/8/2010 |
| 29187420 |
| AETNA INC - AETNA NA WEST |
| Aetna ER - HSA |
|
|
| 43.28 |
| 43.28 |
|
3/15/2010 |
| ACH |
| AETNA INC - AETNA NA WEST |
| Aetna ER - HSA |
|
|
| 226.78 |
| 226.78 |
|
3/2/2010 |
| ACH |
| AETNA INC - AETNA NA WEST |
| Aetna FSA |
|
|
| 820.21 |
| 820.21 |
|
2/22/2010 |
| ACH |
| AETNA INC - AETNA NA WEST |
| Aetna Medical |
|
|
| 27,274.23 |
| 27,274.23 |
|
2/26/2010 |
| ACH |
| AETNA INC - AETNA NA WEST |
| Aetna Medical |
|
|
| 40,253.08 |
| 40,253.08 |
|
3/2/2010 |
| ACH |
| AETNA INC - AETNA NA WEST |
| Aetna Medical |
|
|
| 13,825.08 |
| 13,825.08 |
|
3/4/2010 |
| ACH |
| AETNA INC - AETNA NA WEST |
| Aetna Medical |
|
|
| 33,339.89 |
| 33,339.89 |
|
3/5/2010 |
| ACH |
| AETNA INC - AETNA NA WEST |
| Aetna Medical |
|
|
| 27,478.76 |
| 27,478.76 |
|
3/10/2010 |
| ACH |
| AETNA INC - AETNA NA WEST |
| Aetna Medical |
|
|
| 25,096.58 |
| 25,096.58 |
|
3/11/2010 |
| ACH |
| AETNA INC - AETNA NA WEST |
| Aetna Medical |
|
|
| 23,560.77 |
| 23,560.77 |
|
3/12/2010 |
| ACH |
| AETNA INC - AETNA NA WEST |
| Aetna Medical |
|
|
| 24,375.39 |
| 24,375.39 |
|
3/17/2010 |
| ACH |
| AETNA INC - AETNA NA WEST |
| Aetna Medical |
|
|
| 28,857.50 |
| 28,857.50 |
|
3/18/2010 |
| ACH |
| AETNA INC - AETNA NA WEST |
| Aetna Medical |
|
|
| 71,710.14 |
| 71,710.14 |
|
2/22/2010 |
| ACH |
| STATE OF PENSYLVANIA |
| General and Administrative |
|
|
| 3,059.10 |
| 3,059.10 |
|
3/1/2010 |
| 29104784 |
| ESSEX REALTY |
| General and Administrative |
|
|
| 7,500.00 |
| 7,500.00 |
|
3/2/2010 |
| ACH |
| STATE OF DELAWARE |
| General and Administrative |
|
|
| 48,050.00 |
| 48,050.00 |
|
3/5/2010 |
| 29178095 |
| BANK OF AMERICA |
| General and Administrative |
|
|
| 3,494.17 |
| 3,494.17 |
|
3/5/2010 |
| ACH |
| BANK OF AMERICA |
| LC Drawdown #3092431 |
|
|
| 3,025,028.60 |
| 3,025,028.60 |
|
3/1/2010 |
| ACH |
| BANK OF AMERICA |
| Interest Expense |
|
|
| 4,917.90 |
| 4,917.90 |
|
2/23/2010 |
| 29018410 |
| GRANT THORNTON |
| Professional Fees |
|
|
| 42,972.87 |
| 42,972.87 |
|
2/23/2010 |
| 29018381 |
| FOCALPOINT SECURITIES, INC. |
| Professional Fees |
|
|
| 9,148.58 |
| 9,148.58 |
|
3/2/2010 |
| 29121542 |
| GIBSON, DUNN & CRUTCHER |
| Professional Fees |
|
|
| 343,605.50 |
| 343,605.50 |
|
3/2/2010 |
| 29121499 |
| FTI CONSULTING, INC. |
| Professional Fees |
|
|
| 59,081.20 |
| 59,081.20 |
|
2/22/2010 |
| ACH |
| BROADSPIRE |
| Worker’s Compensation |
|
|
| 1,162.35 |
| 1,162.35 |
|
2/22/2010 |
| 28980259 |
| SCHAFFER |
| Worker’s Compensation |
|
|
| 79,143.42 |
| 79,143.42 |
|
2/23/2010 |
| ACH |
| BROADSPIRE |
| Worker’s Compensation |
|
|
| 1,330.18 |
| 1,330.18 |
|
2/24/2010 |
| ACH |
| BROADSPIRE |
| Worker’s Compensation |
|
|
| 1,175.09 |
| 1,175.09 |
|
2/25/2010 |
| ACH |
| BROADSPIRE |
| Worker’s Compensation |
|
|
| 3,955.10 |
| 3,955.10 |
|
2/26/2010 |
| ACH |
| BROADSPIRE |
| Worker’s Compensation |
|
|
| 2,432.56 |
| 2,432.56 |
|
2/26/2010 |
| 29077164 |
| SCHAFFER |
| Worker’s Compensation |
|
|
| 14,834.85 |
| 14,834.85 |
|
3/1/2010 |
| ACH |
| BROADSPIRE |
| Worker’s Compensation |
|
|
| 1,011.23 |
| 1,011.23 |
|
3/2/2010 |
| ACH |
| BROADSPIRE |
| Worker’s Compensation |
|
|
| 4,751.04 |
| 4,751.04 |
|
3/2/2010 |
| 29121576 |
| MATRIX |
| Worker’s Compensation |
|
|
| 44.58 |
| 44.58 |
|
3/3/2010 |
| ACH |
| BROADSPIRE |
| Worker’s Compensation |
|
|
| 3,055.39 |
| 3,055.39 |
|
3/4/2010 |
| ACH |
| BROADSPIRE |
| Worker’s Compensation |
|
|
| 1,241.84 |
| 1,241.84 |
|
3/5/2010 |
| ACH |
| BROADSPIRE |
| Worker’s Compensation |
|
|
| 5,424.24 |
| 5,424.24 |
|
3/5/2010 |
| 29178074 |
| SCHAFFER |
| Worker’s Compensation |
|
|
| 11,617.59 |
| 11,617.59 |
|
3/9/2010 |
| ACH |
| BROADSPIRE |
| Worker’s Compensation |
|
|
| 6,031.43 |
| 6,031.43 |
|
TOTAL DISBURSEMENTS FROM GENERAL ACCOUNT FOR CURRENT PERIOD
Date |
| Check Number |
| Payee or DIP account |
| Purpose |
| *Amount |
| **Amount |
| Amount |
| |
3/10/2010 |
| ACH |
| BROADSPIRE |
| Worker’s Compensation |
|
|
| 1,278.01 |
| 1,278.01 |
| |
3/11/2010 |
| ACH |
| BROADSPIRE |
| Worker’s Compensation |
|
|
| 12,563.95 |
| 12,563.95 |
| |
3/12/2010 |
| ACH |
| BROADSPIRE |
| Worker’s Compensation |
|
|
| 2,560.30 |
| 2,560.30 |
| |
3/15/2010 |
| ACH |
| BROADSPIRE |
| Worker’s Compensation |
|
|
| 1,747.43 |
| 1,747.43 |
| |
3/16/2010 |
| ACH |
| BROADSPIRE |
| Worker’s Compensation |
|
|
| 663.00 |
| 663.00 |
| |
3/17/2010 |
| ACH |
| BROADSPIRE |
| Worker’s Compensation |
|
|
| 3,321.78 |
| 3,321.78 |
| |
3/18/2010 |
| ACH |
| BROADSPIRE |
| Worker’s Compensation |
|
|
| 1,271.55 |
| 1,271.55 |
| |
3/19/2010 |
| ACH |
| BROADSPIRE |
| Worker’s Compensation |
|
|
| 52,403.76 |
| 52,403.76 |
| |
3/19/2010 |
| ACH |
| SCHAFFER |
| Worker’s Compensation |
|
|
| 10,000.00 |
| 10,000.00 |
| |
|
|
|
| Prior period adjustment (voids) |
|
|
|
|
| (2,155.00 | ) | (2,155.00 | ) | |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
| TOTAL DISBURSEMENTS THIS PERIOD: |
| 0.00 |
| 5,098,139,49 |
| $ | 5,098,139,49 |
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| 0.00 |
| |
* Fill in amounts in this column if they are TRANSFERS to another DIP account (e.g. Payroll or Tax); the “amount” column will be filled in for you.
** Fill in amounts in this column if they are DISBURSEMENTS to outside payees; the “amount” column will be filled in for you.
GENERAL ACCOUNT
BANK RECONCILIATION
Bank statement Date: | 3/21/2010 |
| Balance on Statement: |
| 36,365,739.85 |
|
Plus deposits in transit (a):
|
| Deposit Date |
| Deposit Amount |
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
| |
|
|
|
| $ | — |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
TOTAL DEPOSITS IN TRANSIT |
|
|
|
|
| 0.00 |
|
|
| |
*This is the total deposits in transit for all entities at 03/21/2010
** Intercompany receipt in transit 3/21/2010
Less Outstanding Checks (a):
| Check Number |
| Check Date |
| Check Amount |
|
| 9223944 |
| 3/17/2009 |
| 66.97 |
|
| 9223946 |
| 3/17/2009 |
| 52.60 |
|
| 8661569 |
| 3/19/2009 |
| 28,013.59 |
|
| 2152346 |
| 3/20/2009 |
| 3.89 |
|
| 268010 |
| 3/25/2009 |
| 681.95 |
|
| 268137 |
| 3/27/2009 |
| 1,750.00 |
|
| 2785482 |
| 3/27/2009 |
| 381.97 |
|
| 268263 |
| 3/31/2009 |
| 6.27 |
|
| 268378 |
| 3/31/2009 |
| 292.93 |
|
| 268682 |
| 4/3/2009 |
| 666.00 |
|
| 9224090 |
| 4/3/2009 |
| 3,560.00 |
|
| 1272865 |
| 4/8/2009 |
| 500.00 |
|
| 2152422 |
| 4/8/2009 |
| 89.40 |
|
| 268784 |
| 4/9/2009 |
| 500.00 |
|
| 1272881 |
| 4/9/2009 |
| 2,091.07 |
|
| 4265265 |
| 4/15/2009 |
| 12.00 |
|
| 269058 |
| 4/17/2009 |
| 1,000.00 |
|
| 1272952 |
| 4/17/2009 |
| 168.75 |
|
| 9224307 |
| 4/17/2009 |
| 945.34 |
|
| 4855154 |
| 4/20/2009 |
| 67.29 |
|
| 2785673 |
| 4/24/2009 |
| 11,705.00 |
|
| 44104764 |
| 5/6/2009 |
| 9.90 |
|
| 9224666 |
| 5/15/2009 |
| 2.76 |
|
| 9224716 |
| 5/19/2009 |
| 130.00 |
|
| 9224722 |
| 5/19/2009 |
| 303.94 |
|
| 9224728 |
| 5/19/2009 |
| 46.87 |
|
| 2152622 |
| 5/21/2009 |
| 461.10 |
|
| 4789422 |
| 5/29/2009 |
| 6,340.32 |
|
| 2252896 |
| 6/3/2009 |
| 54.14 |
|
| 346600 |
| 6/5/2009 |
| 7.81 |
|
| 742930 |
| 6/5/2009 |
| 75.00 |
|
| 5548699 |
| 6/5/2009 |
| 100.00 |
|
Less Outstanding Checks (a):
| Check Number |
| Check Date |
| Check Amount |
|
| 4789490 |
| 6/10/2009 |
| 3,830.12 |
|
| 44104948 |
| 6/15/2009 |
| 161.07 |
|
| 270497 |
| 6/19/2009 |
| 852.53 |
|
| 2786170 |
| 6/26/2009 |
| 300.00 |
|
| 346770 |
| 6/30/2009 |
| 262.00 |
|
| 9225660 |
| 7/10/2009 |
| 34.43 |
|
| 5548989 |
| 7/16/2009 |
| 118.72 |
|
| 9225699 |
| 7/16/2009 |
| 162.85 |
|
| 9225749 |
| 7/16/2009 |
| 65.22 |
|
| 1990280 |
| 7/22/2009 |
| 25.00 |
|
| 5549009 |
| 7/22/2009 |
| 1,083.00 |
|
| 849706 |
| 8/3/2009 |
| 334.00 |
|
| 1990372 |
| 8/5/2009 |
| 105.00 |
|
| 1274148 |
| 8/6/2009 |
| 177.62 |
|
| 347001 |
| 8/7/2009 |
| 89.40 |
|
| 1990450 |
| 8/13/2009 |
| 67.60 |
|
| 272116 |
| 9/1/2009 |
| 300.00 |
|
| 272440 |
| 9/25/2009 |
| 300.00 |
|
| 347349 |
| 11/4/2009 |
| 1,724.00 |
|
| 412684 |
| 12/21/2009 |
| 65.10 |
|
| 412772 |
| 1/12/2010 |
| 1,000.00 |
|
| 347563 |
| 2/5/2010 |
| 339.93 |
|
| 412961 |
| 2/12/2010 |
| 1,000.00 |
|
| 347609 |
| 2/16/2010 |
| 25.00 |
|
| 412976 |
| 2/19/2010 |
| 706.69 |
|
| 40232 |
| 2/23/2010 |
| 25.00 |
|
| 40232 |
| 2/23/2010 |
| 25.00 |
|
| 40234 |
| 2/25/2010 |
| 23.06 |
|
| 40239 |
| 3/2/2010 |
| 405.01 |
|
| 40246 |
| 3/9/2010 |
| 177.81 |
|
| 40246 |
| 3/9/2010 |
| 600.00 |
|
| 40249 |
| 3/12/2010 |
| 100.00 |
|
| 40253 |
| 3/16/2010 |
| 11.52 |
|
| 40253 |
| 3/16/2010 |
| 37,710.06 |
|
| 40253 |
| 3/16/2010 |
| 615.92 |
|
| 40253 |
| 3/16/2010 |
| 3,165.00 |
|
| 40253 |
| 3/16/2010 |
| 300.00 |
|
| 40253 |
| 3/16/2010 |
| 6,660.00 |
|
| 40253 |
| 3/16/2010 |
| 169.09 |
|
| 40253 |
| 3/16/2010 |
| 1,648.83 |
|
| 40253 |
| 3/16/2010 |
| 13,776.24 |
|
| 40253 |
| 3/16/2010 |
| 566.81 |
|
| 40253 |
| 3/16/2010 |
| 550.14 |
|
| 40253 |
| 3/16/2010 |
| 150.00 |
|
| 40253 |
| 3/16/2010 |
| 200.00 |
|
| 40253 |
| 3/16/2010 |
| 1,000.00 |
|
| 40253 |
| 3/16/2010 |
| 150.00 |
|
| 40253 |
| 3/16/2010 |
| 966.00 |
|
| 40253 |
| 3/16/2010 |
| 4,800.00 |
|
| 40253 |
| 3/16/2010 |
| 1,287.80 |
|
| 40253 |
| 3/16/2010 |
| 275.00 |
|
| 40253 |
| 3/16/2010 |
| 600.00 |
|
| 40253 |
| 3/16/2010 |
| 100.00 |
|
| 40256 |
| 3/19/2010 |
| 518.40 |
|
| 40256 |
| 3/19/2010 |
| 15,810.17 |
|
| 40256 |
| 3/19/2010 |
| 301.80 |
|
Less Outstanding Checks (a):
| Check Number |
| Check Date |
| Check Amount |
|
| ||
| 40256 |
| 3/19/2010 |
| 822.54 |
|
| ||
| 40256 |
| 3/19/2010 |
| 1,079.82 |
|
| ||
| 40256 |
| 3/19/2010 |
| 153.00 |
|
| ||
| 40256 |
| 3/19/2010 |
| 132.31 |
|
| ||
| 40256 |
| 3/19/2010 |
| 50.89 |
|
| ||
| 40256 |
| 3/19/2010 |
| 3,142.38 |
|
| ||
| 40256 |
| 3/19/2010 |
| 1,109.35 |
|
| ||
| 40256 |
| 3/19/2010 |
| 357.50 |
|
| ||
| 40256 |
| 3/19/2010 |
| 13.37 |
|
| ||
| 40256 |
| 3/19/2010 |
| 1,008.00 |
|
| ||
| 40256 |
| 3/19/2010 |
| 6,916.78 |
|
| ||
| 40256 |
| 3/19/2010 |
| 107.84 |
|
| ||
| 40256 |
| 3/19/2010 |
| 165,617.06 |
|
| ||
| 40256 |
| 3/19/2010 |
| 1,916.86 |
|
| ||
|
|
|
|
|
|
|
|
| |
TOTAL OUTSTANDING CHECKS: |
|
|
|
| 348,332.50 |
| |||
|
|
|
|
|
|
| |||
Bank statement Adjustments: |
|
|
|
| 0.00 |
| |||
Explanation of Adjustments- |
|
|
|
|
|
| |||
|
|
|
|
|
|
| |||
ADJUSTED BANK BALANCE: |
|
|
|
| $ | 36,017,407.35 |
| ||
* It is acceptable to replace this form with a similar form
** Please attach a detailed explanation of any bank statement adjustment
I. CASH RECEIPTS AND DISBURSEMENTS
C. (14200 - FHI MAIN CASH COLLECTION ACCOUNT)
1. | TOTAL RECEIPTS |
| 0.00 |
| |
|
|
|
|
| |
2. | LESS: TOTAL DISBURSEMENTS OR TRANSFERS ACCOUNT REPORTS |
| 0.00 |
| |
|
|
|
|
| |
3. | BEGINNING BALANCE: |
| 600,000.00 |
| |
|
|
|
|
| |
4. | RECEIPTS DURING CURRENT PERIOD: |
| 704,952.89 |
| |
|
|
|
|
| |
5. | BALANCE: |
| 1,304,952.89 |
| |
|
|
|
|
| |
6. | LESS: TOTAL DISBURSEMENTS DURING CURRENT PERIOD TOTAL DISBURSEMENTS THIS PERIOD: |
| 1,302,852.89 |
| |
|
|
|
|
| |
7. | ENDING BALANCE: |
| 2,100.00 |
| |
|
|
|
|
| |
8. | Account Number(s): | 14200 |
|
|
|
|
|
|
|
|
|
| Depository Name & Location: | Bank of America |
|
|
|
|
| 675 Anton Blvd., 2nd Floor |
|
|
|
|
| Costa Mesa, CA 92626 |
|
|
|
TOTAL DISBURSEMENTS FOR CURRENT PERIOD
Date |
| Check |
| Payee |
| Purpose |
| Amount |
|
2/22/2010 |
|
|
| Transfer to BofA |
| Paydown revolver loan at BofA |
| 600,000.00 |
|
3/1/2010 |
|
|
| Transfer to BofA |
| Paydown revolver loan at BofA |
| 205,582.63 |
|
3/2/2010 |
|
|
| Transfer to BofA |
| Paydown revolver loan at BofA |
| 41,529.00 |
|
3/3/2010 |
|
|
| Transfer to BofA |
| Paydown revolver loan at BofA |
| 62,669.44 |
|
3/5/2010 |
|
|
| Transfer to BofA |
| Paydown revolver loan at BofA |
| 3,265.37 |
|
3/8/2010 |
|
|
| Transfer to BofA |
| Paydown revolver loan at BofA |
| 22,122.00 |
|
3/11/2010 |
|
|
| Transfer to BofA |
| Paydown revolver loan at BofA |
| 207,215.05 |
|
3/12/2010 |
|
|
| Transfer to BofA |
| Paydown revolver loan at BofA |
| 103,182.55 |
|
3/19/2010 |
|
|
| Transfer to BofA |
| Paydown revolver loan at BofA |
| 57,286.85 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| TOTAL DISBURSEMENTS THIS PERIOD: |
| 1,302,852.89 |
|
|
|
|
|
|
|
|
| 0.00 |
|
I. CASH RECEIPTS AND DISBURSEMENTS
D. (27063 - FHI MAIN ACCOUNT)
1. | TOTAL RECEIPTS |
| 0.00 |
| |
|
|
|
|
| |
2. | LESS: TOTAL DISBURSEMENTS OR TRANSFERS ACCOUNT REPORTS |
| 0.00 |
| |
|
|
|
|
| |
3. | BEGINNING BALANCE: |
| 81,119.73 |
| |
|
|
|
|
| |
4. | RECEIPTS DURING CURRENT PERIOD: |
| 3,793,414.28 |
| |
|
|
|
|
| |
5. | BALANCE: |
| 3,874,534.01 |
| |
|
|
|
|
| |
6. | LESS: TOTAL DISBURSEMENTS DURING CURRENT PERIOD TOTAL DISBURSEMENTS THIS PERIOD: |
| 3,618,728.19 |
| |
|
|
|
|
| |
7. | ENDING BALANCE: |
| 255,805.82 |
| |
|
|
|
| ||
8. | Account Number(s): | 27063 |
|
|
|
|
|
|
|
|
|
| Depository Name & Location: | Bank of America |
|
|
|
|
| 675 Anton Blvd., 2nd Floor |
|
|
|
|
| Costa Mesa, CA 92626 |
|
|
|
TOTAL DISBURSEMENTS FOR CURRENT PERIOD
Date mm/dd/yyyy |
| Check |
| Payee |
| Purpose |
| Amount |
|
02/22/09 - 03/21/10 |
|
|
| Transfer to 27064 |
| Fund daily wires and controlled disbursements |
| 1,496,000.00 |
|
02/22/09 - 03/21/10 |
|
|
| Transfer to 62795 |
| Fund manual payroll checks |
| 0.00 |
|
02/22/09 - 03/21/10 |
|
|
| Transfer to 404875 |
| Transfer funds to FHI Investment account |
| 1,600,000.00 |
|
02/22/09 - 03/21/10 |
|
|
| ADP |
| Fund payroll expenses |
| 0.00 |
|
02/22/09 - 03/21/10 |
|
|
| Misc. Vendors |
| Fund daily wire transfers for payments to vendors, ACH payments |
| 312,030.39 |
|
02/22/09 - 03/21/10 |
|
|
| Transfer to Controlled Disbursement 13901 |
| Fund daily controlled disbursement accounts |
| 210,697.80 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| TOTAL DISBURSEMENTS THIS PERIOD: |
| 3,618,728.19 |
|
|
|
|
|
|
|
|
| 0.00 |
|
I. CASH RECEIPTS AND DISBURSEMENTS
E. (27064 - FEI MAIN ACCOUNT)
1. | TOTAL RECEIPTS |
| 0.00 |
| |
|
|
|
|
| |
2. | LESS: TOTAL DISBURSEMENTS OR TRANSFERS ACCOUNT REPORTS |
| 0.00 |
| |
|
|
|
|
| |
3. | BEGINNING BALANCE: |
| 10,504.44 |
| |
|
|
|
|
| |
4. | RECEIPTS DURING CURRENT PERIOD: |
| 1,863,732.92 |
| |
|
|
|
|
| |
5. | BALANCE: |
| 1,874,237.36 |
| |
|
|
|
|
| |
6. | LESS: TOTAL DISBURSEMENTS DURING CURRENT PERIOD TOTAL DISBURSEMENTS THIS PERIOD: |
| 1,775,232.42 |
| |
|
|
|
|
| |
7. | ENDING BALANCE: |
| 99,004.94 |
| |
|
|
|
| ||
8. | Account Number(s): | 27064 |
|
|
|
|
|
|
|
|
|
| Depository Name & Location: | Bank of America |
|
|
|
|
| 675 Anton Blvd., 2nd Floor |
|
|
|
|
| Costa Mesa, CA 92626 |
|
|
|
TOTAL DISBURSEMENTS FOR CURRENT PERIOD
Date mm/dd/yyyy |
| Check |
| Payee |
| Purpose |
| Amount |
|
02/22/09 - 03/21/10 |
|
|
| Transfer to 27063 |
| Fund daily wires and controlled disbursements |
| 200,000.00 |
|
02/22/09 - 03/21/10 |
|
|
| Transfer to 62771 |
| Fund manual payroll checks |
| 23,200.00 |
|
02/22/09 - 03/21/10 |
|
|
| Transfer to 404850 |
| Transfer funds to FEI Investment account |
| 0.00 |
|
02/22/09 - 03/21/10 |
|
|
| Transfer to 63587 |
| Transfer to Cash Collateral |
| 0.00 |
|
02/22/09 - 03/21/10 |
|
|
| ADP |
| Fund payroll expenses |
| 206,402.61 |
|
02/22/09 - 03/21/10 |
|
|
| Misc. Vendors |
| Fund daily wire transfers for payments to vendors, ACH payments |
| 786,517.70 |
|
02/22/09 - 03/21/10 |
|
|
| Controlled Disbursement |
| Clearing checks through controlled disbursement account |
| 559,112.11 |
|
02/22/09 - 03/21/10 |
|
|
| Transfer to 71799 |
| Transfer funds to escrow account |
| 0.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| TOTAL DISBURSEMENTS THIS PERIOD: |
| 1,775,232.42 |
|
|
|
|
|
|
|
|
| 0.00 |
|
I. CASH RECEIPTS AND DISBURSEMENTS
F. (FLT00-AR REVOLVER LOAN ACCOUNT)
1. | TOTAL RECEIPTS |
| 0.00 |
| |
|
|
|
|
| |
2. | LESS: TOTAL DISBURSEMENTS OR TRANSFERS ACCOUNT REPORTS |
| 0.00 |
| |
|
|
|
|
| |
3. | BEGINNING BALANCE: |
| — |
| |
|
|
|
|
| |
4. | RECEIPTS DURING CURRENT PERIOD: |
| 1,302,852.89 |
| |
|
|
|
|
| |
5. | BALANCE: |
| 1,302,852.89 |
| |
|
|
|
|
| |
6. | LESS: TOTAL DISBURSEMENTS DURING CURRENT PERIOD TOTAL DISBURSEMENTS THIS PERIOD: |
| 1,302,852.89 |
| |
|
|
|
|
| |
7. | ENDING BALANCE: |
| 0.00 |
| |
|
|
|
| ||
8. | Account Number(s): | FLT00-AR |
|
|
|
|
|
|
|
|
|
| Depository Name & Location: | Bank of America |
|
|
|
|
| 675 Anton Blvd., 2nd Floor |
|
|
|
|
| Costa Mesa, CA 92626 |
|
|
|
TOTAL DISBURSEMENTS FOR CURRENT PERIOD
Date |
| Check |
| Payee |
| Purpose |
| Amount |
|
2/22/2010 |
|
|
| Transfer to 27063 |
| Revolver Advance to Main FHI |
| 600,000.00 |
|
3/1/2010 |
|
|
| Transfer to 27063 |
| Revolver Advance to Main FHI |
| 200,664.73 |
|
3/2/2010 |
|
|
| Transfer to 27063 |
| Revolver Advance to Main FHI |
| 41,529.00 |
|
3/3/2010 |
|
|
| Transfer to 27063 |
| Revolver Advance to Main FHI |
| 62,669.44 |
|
3/5/2010 |
|
|
| Transfer to 27063 |
| Revolver Advance to Main FHI |
| 3,265.37 |
|
3/8/2010 |
|
|
| Transfer to 27063 |
| Revolver Advance to Main FHI |
| 22,122.00 |
|
3/11/2010 |
|
|
| Transfer to 27063 |
| Revolver Advance to Main FHI |
| 207,215.05 |
|
3/12/2010 |
|
|
| Transfer to 27063 |
| Revolver Advance to Main FHI |
| 103,182.55 |
|
3/19/2010 |
|
|
| Transfer to 27063 |
| Revolver Advance to Main FHI |
| 57,286.85 |
|
3/1/2010 |
|
|
| Bank of America |
| Interest & LC Fee |
| 4,917.90 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| TOTAL DISBURSEMENTS THIS PERIOD: |
| 1,302,852.89 |
|
|
|
|
|
|
|
|
| 0.00 |
|
I. CASH RECEIPTS AND DISBURSEMENTS
G. (63587 - CASH COLLATERAL ACCOUNT)
1. | TOTAL RECEIPTS |
| 0.00 |
| |
|
|
|
|
| |
2. | LESS: TOTAL DISBURSEMENTS OR TRANSFERS ACCOUNT REPORTS |
| 0.00 |
| |
|
|
|
|
| |
3. | BEGINNING BALANCE: |
| 10,480,373.07 |
| |
|
|
|
|
| |
4. | RECEIPTS DURING CURRENT PERIOD: |
| 2,502,635.17 |
| |
|
|
|
|
| |
5. | BALANCE: |
| 12,983,008.24 |
| |
|
|
|
|
| |
6. | LESS: TOTAL DISBURSEMENTS DURING CURRENT PERIOD TOTAL DISBURSEMENTS THIS PERIOD: |
| 3,025,028.60 |
| |
|
|
|
|
| |
7. | ENDING BALANCE: |
| 9,957,979.64 |
| |
|
|
|
|
| |
8. | Account Number(s): | 63587 |
|
|
|
|
|
|
|
|
|
| Depository Name & Location: | Bank of America |
|
|
|
| 675 Anton Blvd., 2nd Floor |
|
|
| |
| Costa Mesa, CA 92626 |
|
|
|
TOTAL DISBURSEMENTS FOR CURRENT PERIOD
Date |
| Check |
| Payee |
| Purpose |
| Amount |
|
3/5/2010 |
|
|
| Bank of America |
| LC Drawdown #3092431 |
| 3,025,028.60 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| TOTAL DISBURSEMENTS THIS PERIOD: |
| 3,025,028.60 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 0.00 |
|
I. CASH RECEIPTS AND DISBURSEMENTS
H. (404875 - FHI INVESTMENT ACCOUNT)
1. | TOTAL RECEIPTS |
| 0.00 |
| |
|
|
|
|
| |
2. | LESS: TOTAL DISBURSEMENTS OR TRANSFERS ACCOUNT REPORTS |
| 0.00 |
| |
|
|
|
|
| |
3. | BEGINNING BALANCE: |
| 15,096,554.50 |
| |
|
|
|
|
| |
4. | RECEIPTS DURING CURRENT PERIOD: |
| 1,600,086.00 |
| |
|
|
|
|
| |
5. | BALANCE: |
| 16,696,640.50 |
| |
|
|
|
|
| |
6. | LESS: TOTAL DISBURSEMENTS DURING CURRENT PERIOD TOTAL DISBURSEMENTS THIS PERIOD: |
| 2,400,000.00 |
| |
|
|
|
|
| |
7. | ENDING BALANCE: |
| 14,296,640.50 |
| |
|
|
|
|
| |
8. | Account Number(s): | 404875 (249-01122-1-2-GPD) |
|
|
|
|
|
|
|
|
|
| Depository Name & Location: | Bank of America Securities |
|
|
|
| 200 N. College Street, 3rd Floor |
|
|
| |
| Charlotte, NC 28255 |
|
|
|
TOTAL DISBURSEMENTS FOR CURRENT PERIOD
Date mm/dd/yyyy |
| Check |
| Payee |
| Purpose |
| Amount |
|
2/23/2010 |
|
|
| Transfer to 27063 |
| Fund daily wires and disbursements |
| 1,250,000.00 |
|
2/24/2010 |
|
|
| Transfer to 27063 |
| Fund daily wires and disbursements |
| 300,000.00 |
|
3/2/2010 |
|
|
| Transfer to 27063 |
| Fund daily wires and disbursements |
| 400,000.00 |
|
3/4/2010 |
|
|
| Transfer to 27063 |
| Fund daily wires and disbursements |
| 200,000.00 |
|
3/10/2010 |
|
|
| Transfer to 27063 |
| Fund daily wires and disbursements |
| 100,000.00 |
|
3/19/2010 |
|
|
| Transfer to 27063 |
| Fund daily wires and disbursements |
| 150,000.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| TOTAL DISBURSEMENTS THIS PERIOD: |
| 2,400,000.00 |
|
I. CASH RECEIPTS AND DISBURSEMENTS
I. (404850 - FEI INVESTMENT ACCOUNT)
1. | TOTAL RECEIPTS |
| 0.00 |
| |
|
|
|
|
| |
2. | LESS: TOTAL DISBURSEMENTS OR TRANSFERS ACCOUNT REPORTS |
| 0.00 |
| |
|
|
|
|
| |
3. | BEGINNING BALANCE: |
| (0.00 | ) | |
|
|
|
|
| |
4. | RECEIPTS DURING CURRENT PERIOD: |
| 0.00 |
| |
|
|
|
|
| |
5. | BALANCE: |
| (0.00 | ) | |
|
|
|
|
| |
6. | LESS: TOTAL DISBURSEMENTS DURING CURRENT PERIOD TOTAL DISBURSEMENTS THIS PERIOD: |
| 0.00 |
| |
|
|
|
|
| |
7. | ENDING BALANCE: |
| (0.00 | ) | |
|
|
|
|
| |
8. | Account Number(s): | 404850 (249-01119-1-7-GPD) |
|
|
|
|
|
|
|
|
|
| Depository Name & Location: | Bank of America Securities |
|
|
|
| 200 N. College Street, 3rd Floor |
|
|
| |
| Charlotte, NC 28255 |
|
|
|
TOTAL DISBURSEMENTS FOR CURRENT PERIOD
Date |
| Check |
| Payee |
| Purpose |
| Amount |
|
|
|
|
| NONE |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| TOTAL DISBURSEMENTS THIS PERIOD: |
| 0.00 |
|
I. CASH RECEIPTS AND DISBURSEMENTS
J. (62771 - FEI PAYROLL ACCOUNT)
1. | TOTAL RECEIPTS |
| 0.00 |
| |
|
|
|
|
| |
2. | LESS: TOTAL DISBURSEMENTS OR TRANSFERS ACCOUNT REPORTS |
| 0.00 |
| |
|
|
|
|
| |
3. | BEGINNING BALANCE: |
| 17,237.79 |
| |
|
|
|
|
| |
4. | RECEIPTS DURING CURRENT PERIOD: |
| 23,200.00 |
| |
|
|
|
|
| |
5. | BALANCE: |
| 40,437.79 |
| |
|
|
|
|
| |
6. | LESS: TOTAL DISBURSEMENTS DURING CURRENT PERIOD TOTAL DISBURSEMENTS THIS PERIOD: |
| 40,232.18 |
| |
|
|
|
|
| |
7. | ENDING BALANCE: |
| 205.61 |
| |
|
|
|
|
| |
8. | Account Number(s): | 62771 |
|
|
|
|
|
|
|
|
|
| Depository Name & Location: | Bank of America |
|
|
|
| 675 Anton Blvd., 2nd Floor |
|
|
| |
| Costa Mesa, CA 92626 |
|
|
|
TOTAL DISBURSEMENTS FOR CURRENT PERIOD
Date |
| Check |
| Payee |
| Purpose |
| Amount |
|
2/26/2010 |
| 9301478 |
|
|
| Manual Payroll Check |
| 2,113.11 |
|
3/4/2010 |
| 9301475 |
|
|
| Manual Payroll Check |
| 17,160.71 |
|
3/4/2010 |
| 9301476 |
|
|
| Manual Payroll Check |
| 720.04 |
|
3/4/2010 |
| 9301477 |
|
|
| Manual Payroll Check |
| 927.40 |
|
3/5/2010 |
| 9301480 |
|
|
| Manual Payroll Check |
| 405.20 |
|
3/5/2010 |
| 9301481 |
|
|
| Manual Payroll Check |
| 1,070.78 |
|
3/15/2010 |
| 9301482 |
|
|
| Manual Payroll Check |
| 13,734.00 |
|
3/16/2010 |
| 9301483 |
|
|
| Manual Payroll Check |
| 4,100.94 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| TOTAL DISBURSEMENTS THIS PERIOD: |
| 40,232.18 |
|
I. CASH RECEIPTS AND DISBURSEMENTS
K. (62795 - FHI PAYROLL ACCOUNT)
1. | TOTAL RECEIPTS |
| 0.00 |
| |
|
|
|
|
| |
2. | LESS: TOTAL DISBURSEMENTS OR TRANSFERS ACCOUNT REPORTS |
|
|
| |
|
|
|
|
| |
3. | BEGINNING BALANCE: |
| 0.00 |
| |
|
|
|
|
| |
4. | RECEIPTS DURING CURRENT PERIOD: |
| 0.00 |
| |
|
|
|
|
| |
5. | BALANCE: |
| 0.00 |
| |
|
|
|
|
| |
6. | LESS: TOTAL DISBURSEMENTS DURING CURRENT PERIOD TOTAL DISBURSEMENTS THIS PERIOD: |
| 0.00 |
| |
|
|
|
|
| |
7. | ENDING BALANCE: |
| 0.00 |
| |
|
|
|
|
| |
8. | Account Number(s): | 62795 |
|
|
|
|
|
|
|
|
|
| Depository Name & Location: | Bank of America |
|
|
|
| 675 Anton Blvd., 2nd Floor |
|
|
| |
| Costa Mesa, CA 92626 |
|
|
|
TOTAL DISBURSEMENTS FOR CURRENT PERIOD
Date |
| Check |
| Payee |
| Purpose |
| Amount |
|
|
|
|
| NONE |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| TOTAL DISBURSEMENTS THIS PERIOD: |
| 0.00 |
|
I. CASH RECEIPTS AND DISBURSEMENTS
L. PREPAID CREDIT CARD
1. | TOTAL RECEIPTS PER ALL PRIOR ESCROW ACCOUNT REPORTS |
| 0.00 |
| ||
|
|
|
|
| ||
2. | LESS: TOTAL DISBURSEMENTS PER ALL PRIOR ESCROW ACCOUNT REPORTS |
| 0.00 |
| ||
|
|
|
|
| ||
3. | BEGINNING BALANCE: |
| 55,654.44 |
| ||
|
|
|
|
| ||
4. | RECEIPTS DURING CURRENT PERIOD: |
|
|
| ||
| (Transferred from General Account) |
| $ | 8.99 |
| |
|
|
|
|
| ||
5. | BALANCE: |
| 55,663.43 |
| ||
|
|
|
|
| ||
6. | LESS: TOTAL DISBURSEMENTS DURING CURRENT PERIOD TOTAL DISBURSEMENTS THIS PERIOD: |
| 0.00 |
| ||
|
|
|
|
| ||
7. | ENDING BALANCE: |
| $ | 55,663.43 |
| |
|
|
|
|
| ||
8. | PREPAID Account Number: | 61059 |
|
|
| |
|
|
|
|
|
| |
| Depository Name & Location: | Bank of America |
|
|
| |
| 675 Anton Blvd. |
|
|
| ||
| Costa Mesa, CA 92626 |
|
|
|
TOTAL DISBURSEMENTS FROM ESCROW ACCOUNT FOR CURRENT PERIOD
Date |
| Check |
| Payee |
| Purpose |
| Amount |
|
|
|
|
| NONE |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| TOTAL DISBURSEMENTS THIS PERIOD: |
| 0.00 |
|
I. CASH RECEIPTS AND DISBURSEMENTS
M. CONTROL DISBURSEMENT ACCOUNT ACCOUNT
1. | TOTAL RECEIPTS PER ALL PRIOR INTERST BEARING OPERATING ACCOUNT REPORTS |
| 0.00 |
| ||
|
|
|
|
| ||
2. | LESS: TOTAL DISBURSEMENTS PER ALL PRIOR INTEREST BEARING OPERATING ACCOUNT REPORTS |
| 0.00 |
| ||
|
|
|
|
| ||
3. | BEGINNING BALANCE: |
| 532,869.79 |
| ||
|
|
|
|
| ||
4. | RECEIPTS DURING CURRENT PERIOD: |
| $ | 67.88 |
| |
|
|
|
|
| ||
5. | BALANCE: |
| 532,937.67 |
| ||
|
|
|
|
| ||
6. | LESS: TOTAL DISBURSEMENTS DURING CURRENT PERIOD TOTAL DISBURSEMENTS THIS PERIOD:*** |
| 0.00 |
| ||
|
|
|
|
| ||
7. | ENDING BALANCE: |
| $ | 532,937.67 |
| |
|
|
|
|
| ||
8. | CONTROL DISBURSEMENT Account Number: | 61412 |
|
|
| |
|
|
|
|
|
| |
| Depository Name & Location: | Bank of America |
|
|
| |
| 675 Anton Blvd. |
|
|
| ||
| Costa Mesa, CA 92626 |
|
|
|
TOTAL DISBURSEMENTS FROM INTEREST BEARING OPERATING ACCOUNT FOR CURRENT PERIOD
Date |
| Check |
| Payee |
| Purpose |
| Amount |
|
|
|
|
| NONE |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| TOTAL DISBURSEMENTS THIS PERIOD: |
| 0.00 |
|
I. CASH RECEIPTS AND DISBURSEMENTS
N. UTILITY DEPOSITS
1. | TOTAL RECEIPTS PER ALL PRIOR LOAN SERVICING ACCOUNT REPORTS |
| 0.00 |
| |
|
|
|
|
| |
2. | LESS: TOTAL DISBURSEMENTS PER ALL PRIOR LOAN SERVICING ACCOUNT REPORTS |
| 0.00 |
| |
|
|
|
|
| |
3. | BEGINNING BALANCE: |
| 201,329.53 |
| |
|
|
|
|
| |
4. | RECEIPTS DURING CURRENT PERIOD: |
| 45.71 |
| |
|
|
|
|
| |
5. | BALANCE: |
| 201,375.24 |
| |
|
|
|
|
| |
6. | LESS: TOTAL DISBURSEMENTS DURING CURRENT PERIOD TOTAL DISBURSEMENTS THIS PERIOD: |
| 0.00 |
| |
|
|
|
|
| |
7. | ENDING BALANCE: |
| 201,375.24 |
| |
|
|
|
|
| |
8. | UTILITY Account Number: | 61059 |
|
|
|
|
|
|
|
|
|
| Depository Name & Location: | Bank of America |
|
|
|
| 675 Anton Blvd. |
|
|
| |
| Costa Mesa, CA 92626 |
|
|
|
TOTAL DISBURSEMENTS FROM LOAN SERVICING ACCOUNT FOR CURRENT PERIOD
Date |
| Check |
| Payee |
| Purpose |
| Amount |
|
|
|
|
| NONE |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| TOTAL DISBURSEMENTS THIS PERIOD: |
| 0.00 |
|
I. CASH RECEIPTS AND DISBURSEMENTS
O. AIP DEPOSITS
1. | TOTAL RECEIPTS PER ALL PRIOR ESCROW ACCOUNT REPORTS |
| 0.00 | |
|
|
|
| |
2. | LESS: TOTAL DISBURSEMENTS PER ALL PRIOR ESCROW ACCOUNT REPORTS |
| 0.00 | |
|
|
|
| |
3. | BEGINNING BALANCE: |
| — | |
|
|
|
| |
4. | RECEIPTS DURING CURRENT PERIOD: |
|
| |
| (Transferred from General Account) |
| 0.00 | |
|
|
|
| |
5. | BALANCE: |
| 0.00 | |
|
|
|
| |
6. | LESS: TOTAL DISBURSEMENTS DURING CURRENT PERIOD TOTAL DISBURSEMENTS THIS PERIOD: |
| 0.00 | |
|
|
|
| |
7. | ENDING BALANCE: |
| 0.00 | |
|
|
|
| |
8. | Deposit Account Number: | 69758 |
|
|
|
|
|
|
|
| Depository Name & Location: | Bank of America |
|
|
|
| 675 Anton Blvd. |
|
|
|
| Costa Mesa, CA 92626 |
|
|
TOTAL DISBURSEMENTS FROM ESCROW ACCOUNT FOR CURRENT PERIOD
Date |
| Check |
| Payee |
| Purpose |
| Amount |
|
|
|
| NONE |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| TOTAL DISBURSEMENTS THIS PERIOD: |
| 0.00 | ||
|
|
|
|
|
|
| ||
|
|
|
|
|
| 0.00 |
I. CASH RECEIPTS AND DISBURSEMENTS
P. AIP DEPOSITS
1. | TOTAL RECEIPTS PER ALL PRIOR ESCROW ACCOUNT REPORTS |
| 0.00 | |
|
|
|
| |
2. | LESS: TOTAL DISBURSEMENTS PER ALL PRIOR ESCROW ACCOUNT REPORTS |
| 0.00 | |
|
|
|
| |
3. | BEGINNING BALANCE: |
| — | |
|
|
|
| |
4. | RECEIPTS DURING CURRENT PERIOD: |
|
| |
| (Transferred from General Account) |
| 0.00 | |
|
|
|
| |
5. | BALANCE: |
| 0.00 | |
|
|
|
| |
6. | LESS: TOTAL DISBURSEMENTS DURING CURRENT PERIOD TOTAL DISBURSEMENTS THIS PERIOD: |
| 0.00 | |
|
|
|
| |
7. | ENDING BALANCE: |
| 0.00 | |
|
|
|
| |
8. | Deposit Account Number: | 69550 |
|
|
|
|
|
|
|
| Depository Name & Location: | Bank of America |
|
|
|
| 675 Anton Blvd. |
|
|
|
| Costa Mesa, CA 92626 |
|
|
TOTAL DISBURSEMENTS FROM ESCROW ACCOUNT FOR CURRENT PERIOD
Date |
| Check |
| Payee |
| Purpose |
| Amount |
|
|
|
| NONE |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| TOTAL DISBURSEMENTS THIS PERIOD: |
| 0.00 | ||
|
|
|
|
|
|
| ||
|
|
|
|
|
| 0.00 |
I. CASH RECEIPTS AND DISBURSEMENTS
Q. CAVCO DEPOSITS
1. | TOTAL RECEIPTS PER ALL PRIOR ESCROW ACCOUNT REPORTS |
| 0.00 | |
|
|
|
| |
2. | LESS: TOTAL DISBURSEMENTS PER ALL PRIOR ESCROW ACCOUNT REPORTS |
| 0.00 | |
|
|
|
| |
3. | BEGINNING BALANCE: |
| 669,027.00 | |
|
|
|
| |
4. | RECEIPTS DURING CURRENT PERIOD: |
| 0.00 | |
| (Transferred from General Account) |
|
| |
|
|
|
| |
5. | BALANCE: |
| 669,027.00 | |
|
|
|
| |
6. | LESS: TOTAL DISBURSEMENTS DURING CURRENT PERIOD TOTAL DISBURSEMENTS THIS PERIOD: |
| 0.00 | |
|
|
|
| |
7. | ENDING BALANCE: |
| 669,027.00 | |
|
|
|
| |
8. | Deposit Account Number: | 71799 |
|
|
|
|
|
|
|
| Depository Name & Location: | Bank of America |
|
|
|
| 675 Anton Blvd. |
|
|
|
| Costa Mesa, CA 92626 |
|
|
TOTAL DISBURSEMENTS FROM ESCROW ACCOUNT FOR CURRENT PERIOD
Date |
| Check |
| Payee |
| Purpose |
| Amount |
|
|
|
| NONE |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| TOTAL DISBURSEMENTS THIS PERIOD: |
| 0.00 |
I. CASH RECEIPTS AND DISBURSEMENTS
R. ESCROW DEPOSITS
1. | TOTAL RECEIPTS PER ALL PRIOR ESCROW ACCOUNT REPORTS |
| 0.00 | |
|
|
|
| |
2. | LESS: TOTAL DISBURSEMENTS PER ALL PRIOR ESCROW ACCOUNT REPORTS |
| 0.00 | |
|
|
|
| |
3. | BEGINNING BALANCE: |
| 12,795,000.00 | |
|
|
|
| |
4. | RECEIPTS DURING CURRENT PERIOD: |
|
| |
| (Transferred from General Account) |
| 0.00 | |
|
|
|
| |
5. | BALANCE: |
| 12,795,000.00 | |
|
|
|
| |
6. | LESS: TOTAL DISBURSEMENTS DURING CURRENT PERIOD TOTAL DISBURSEMENTS THIS PERIOD: |
| 2,500,000.00 | |
|
|
|
| |
7. | ENDING BALANCE: |
| 10,295,000.00 | |
|
|
|
| |
8. | Deposit Account Number: | N/A |
|
|
|
|
|
|
|
| Depository Name & Location: | Bank of America |
|
|
|
| 675 Anton Blvd. |
|
|
|
| Costa Mesa, CA 92626 |
|
|
TOTAL DISBURSEMENTS FROM ESCROW ACCOUNT FOR CURRENT PERIOD
Date |
| Check |
| Payee |
| Purpose |
| Amount |
2/22/2010 |
|
|
| Transfer to 63587 |
| Reduce Escrow Balance |
| 2,500,000.00 |
|
|
|
|
|
|
|
|
|
|
|
|
| TOTAL DISBURSEMENTS THIS PERIOD: |
| 2,500,000.00 | ||
|
|
|
|
|
|
| ||
|
|
|
|
|
| 0.00 |
I. CASH RECEIPTS AND DISBURSEMENTS
S. ESCROW DEPOSITS
1. | TOTAL RECEIPTS PER ALL PRIOR ESCROW ACCOUNT REPORTS |
| 0.00 | |
|
|
|
| |
2. | LESS: TOTAL DISBURSEMENTS PER ALL PRIOR ESCROW ACCOUNT REPORTS |
| 0.00 | |
|
|
|
| |
3. | BEGINNING BALANCE: |
| — | |
|
|
|
| |
4. | RECEIPTS DURING CURRENT PERIOD: |
|
| |
| (Transferred from General Account) |
| 0.00 | |
|
|
|
| |
5. | BALANCE: |
| 0.00 | |
|
|
|
| |
6. | LESS: TOTAL DISBURSEMENTS DURING CURRENT PERIOD TOTAL DISBURSEMENTS THIS PERIOD: |
| 0.00 | |
|
|
|
| |
7. | ENDING BALANCE: |
| 0.00 | |
|
|
|
| |
8. | Deposit Account Number: | 71195 |
|
|
|
|
|
|
|
| Depository Name & Location: | Bank of America |
|
|
|
| 675 Anton Blvd. |
|
|
|
| Costa Mesa, CA 92626 |
|
|
TOTAL DISBURSEMENTS FROM ESCROW ACCOUNT FOR CURRENT PERIOD
Date |
| Check |
| Payee |
| Purpose |
| Amount |
|
|
|
| NONE |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| TOTAL DISBURSEMENTS THIS PERIOD: |
| 0.00 |
II.A. STATUS OF PAYMENTS TO LESSORS
Creditor, Lessor, Etc. |
| Type |
| Frequency of Payments |
| Post-Petition |
| Total Due |
| |
Alpha Systems |
| Mfg Equip |
| Quarterly |
| 0 |
| $ | 751.10 |
|
Avaya |
| Telephone |
| Monthly |
| 0 |
| — |
| |
Axis Capital |
| Postage Meter |
| Monthly |
| 1-12 |
| 2,535.66 |
| |
Boise Office Equipment |
| Office Equipment |
| Monthly |
| 1 |
| 108.09 |
| |
Central Railroad of Indianapolis |
| CSX Railroad Siding |
| Annually |
| 0 |
| — |
| |
Cintas Corporation |
| Uniforms |
| Monthly |
| 0 |
| — |
| |
CIT Technology Financing Services, Inc. |
| Office Equipment |
| Monthly |
| 1 |
| 106.00 |
| |
Citrus Park |
| Property |
| Monthly |
| 0 |
| — |
| |
Contact Office Solutions |
| Office Equipment |
| Monthly |
| 0 |
| — |
| |
Court Square Leasing |
| Office Equipment |
| Monthly |
| 0 |
| — |
| |
CTWP Leasing |
| Office Equipment |
| Monthly |
| 0 |
| — |
| |
DeLage Landen |
| Forklift |
| Monthly |
| 0 - 11 |
| 31,273.72 |
| |
DeLage Landen |
| Office Equipment |
| Monthly |
| 0 - 12 |
| 14,750.41 |
| |
Dugdale Comm |
| Telephone |
| Monthly |
| 3 |
| 1,343.85 |
| |
GE Capital |
| Forklift |
| Monthly |
| 11 |
| 13,406.40 |
| |
GE Capital |
| Office Equipment |
| Monthly |
| 1 |
| 391.07 |
| |
GE Capital |
| Trucks |
| Monthly |
| 0 |
| — |
| |
GE Capital |
| Trucks |
| Monthly |
| 0-1 |
| 1,512.50 |
| |
GE Fleet Services |
| Trucks |
| Monthly |
| 0 - 1 |
| 5,984.44 |
| |
Hasler, Inc. |
| Postage Meter |
| Monthly |
| 0 |
| 10.53 |
| |
IKON Office Solutions |
| Office Equipment |
| Monthly |
| 1 - 2 |
| 607.70 |
| |
LBM Leasing Services |
| Office Equipment |
| Monthly |
| 0 |
| — |
| |
Neopost Inc |
| Postage Meter |
| Annually |
| 0 |
| 2,260.02 |
| |
Pacific Office Automation |
| Office Equipment |
| Monthly |
| 0-1 |
| 1,054.00 |
| |
PENSKE TRUCK LEASING |
| Trucks |
| Monthly |
| 0 |
| 17,734.62 |
| |
Pitney Bowes |
| Postage Meter |
| Quarterly |
| 0 - 6 |
| 1,577.19 |
| |
PlainsCapital Leasing |
| Computer |
| Monthly |
| 4 |
| 11,204.18 |
| |
Robert Weliver |
| Property |
| Monthly |
| 2 |
| 9,200.00 |
| |
Rubu, LLC |
| Property |
| Monthly |
| 2 |
| 2,500.00 |
| |
Sprint |
| Telephone |
| Monthly |
| 0 |
| 2,815.25 |
| |
Trimble (formerly @Road) |
| GPS Navigation |
| Monthly |
| 0 - 4 |
| 2,576.07 |
| |
Waco RefresH20 |
| Mfg Equip |
| Quarterly |
| 0 |
| — |
| |
Xerox |
| Office Equipment |
| Monthly |
| 0 - 1 |
| 12,328.73 |
| |
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
| $ | 136,031.53 |
|
II.B. STATUS OF PAYMENTS TO SECURED CREDITORS
Creditor, Lessor, Etc. |
| Type |
| Frequency of Payments |
| Amount of Payment |
| Post-Petition |
| Total Due |
| |
BARCLAYS CAPITAL INC. |
| 14% SENIOR NOTES (A) |
| QUARTERLY |
|
|
| 4 |
|
|
| |
BNP PARIBAS PRIME BROKERAGE, INC. |
| 14% SENIOR NOTES (A) |
| QUARTERLY |
|
|
| 4 |
|
|
| |
BROWN BROTHERS HARRIMAN & CO. |
| 14% SENIOR NOTES (A) |
| QUARTERLY |
|
|
| 4 |
|
|
| |
CREDIT SUISSE SECURITIES (USA) LLC |
| 14% SENIOR NOTES (A) |
| QUARTERLY |
|
|
| 4 |
|
|
| |
FIRST CLEARING CORPORATION, LLC |
| 14% SENIOR NOTES (A) |
| QUARTERLY |
|
|
| 4 |
|
|
| |
GOLDMAN SACHS EXECUTION & CLEARING, LP |
| 14% SENIOR NOTES (A) |
| QUARTERLY |
|
|
| 4 |
|
|
| |
GOLDMAN, SACHS & CO. |
| 14% SENIOR NOTES (A) |
| QUARTERLY |
|
|
| 4 |
|
|
| |
J P MORGAN CHASE BANK, NATIONAL ASSOCIATION |
| 14% SENIOR NOTES (A) |
| QUARTERLY |
|
|
| 4 |
|
|
| |
J.P. MORGAN CLEARING CORP. |
| 14% SENIOR NOTES (A) |
| QUARTERLY |
|
|
| 4 |
|
|
| |
J.P. MORGAN SECURITIES INC. |
| 14% SENIOR NOTES (A) |
| QUARTERLY |
|
|
| 4 |
|
|
| |
JEFFERIES & COMPANY, INC. |
| 14% SENIOR NOTES (A) |
| QUARTERLY |
|
|
| 4 |
|
|
| |
MORGAN STANLEY & CO. INCORPORATED |
| 14% SENIOR NOTES (A) |
| QUARTERLY |
|
|
| 4 |
|
|
| |
SSB - TRUST CUSTODY |
| 14% SENIOR NOTES (A) |
| QUARTERLY |
|
|
| 4 |
|
|
| |
STATE STREET BANK AND TRUST COMPANY |
| 14% SENIOR NOTES (A) |
| QUARTERLY |
|
|
| 4 |
|
|
| |
THE BANK OF NEW YORK MELLON/ MELLON TRUST OF NEW ENGLAND, N.A. |
| 14% SENIOR NOTES (A) |
| QUARTERLY |
|
|
| 4 |
|
|
| |
UNION BANK OF CALIFORNIA, N.A. |
| 14% SENIOR NOTES (A) |
| QUARTERLY |
|
|
| 4 |
|
|
| |
Total Cash Interest Due |
|
|
|
|
|
|
|
|
| $ | 5,398,388.87 |
|
|
|
|
|
|
|
|
|
|
|
|
| |
BANK OF AMERICA, N.A. |
| LETTERS OF CREDIT |
|
|
|
|
|
|
| Contingent |
| |
|
|
|
|
|
|
|
|
|
|
|
| |
ISIS Lending |
| REAL ESTATE MORTGAGE |
|
|
|
|
|
|
| $ | 3,673,092.81 |
|
(A) Debtor reserves the right to dispute the characterzation of any secured claims. |
|
|
|
|
|
|
| ||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| TOTAL DUE: |
| 9,071,481.68 |
|
Creditor, Lessor, Etc. |
| Type |
| Frequency of |
| Amount of |
| Post-Petition |
| Total Due |
|
|
|
|
|
|
|
|
|
|
|
|
|
Debtor has over 90 executory contracts that are under consideration for rejection. The amounts due are contingent on upon some future event or activity. |
| ||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| TOTAL DUE: |
| 0.00 |
|
III. TAX LIABILITIES
FOR THE REPORTING PERIOD:
|
|
|
|
|
| 2/22/2010-3/21/2010 |
|
|
| Gross Sales Subject to Sales Tax: |
| 0.00 |
| ||
|
| Total Wages Paid: |
| 237,545.93 |
|
|
| Total Post-Petition |
| Amount Delinquent |
| Date Delinquent Amount |
|
Federal Withholding |
| — |
| — |
|
|
|
State Withholding |
| — |
| — |
|
|
|
FICA- Employer’s Share |
| — |
| — |
|
|
|
FICA- Employee’s Share |
| — |
| — |
|
|
|
Medicare - Employer’s |
| — |
| — |
|
|
|
Medicare - Employee’s |
| — |
| — |
|
|
|
SUI/SDI - Employer’s |
| — |
| — |
|
|
|
SUI/SDI - Employee’s |
| — |
| — |
|
|
|
Federal Unemployment |
| — |
| — |
|
|
|
Sales and Use |
| — |
| — |
|
|
|
Real Property |
| — |
| — |
|
|
|
Other: |
|
|
| — |
|
|
|
TOTAL: |
| — |
| — |
|
|
|
IV. AGING OF ACCOUNTS PAYABLE AND RECEIVABLE
|
|
|
| *Accounts Payable |
| Accounts Receivable |
| |||
|
|
|
| Post-Petition |
| Pre-Petition |
| Post-Petition |
| |
|
| 30 days or less |
| $ | 98,268.82 |
|
|
|
|
|
|
| 31 - 60 days |
| — |
|
|
|
|
| |
|
| 61 - 90 days |
| 470.58 |
|
|
| — |
| |
|
| 91 - 120 days |
| 334.60 |
|
|
|
|
| |
|
| Over 120 days |
| — |
| 5,663,001.72 |
| 1,399,333.86 |
| |
|
| TOTAL: |
| 99,074.00 |
| 5,663,001.72 |
| 1,399,333.86 |
| |
V. INSURANCE COVERAGE
Description of Coverage |
| Name of Carrier |
| Amount of |
| Policy |
| Premium Paid |
| |
Auto Liability |
| Philadelphia Insurance Group |
| $ | 1,000,000 |
| 11/1/2010 |
| 11/1/2010 |
|
Cargo |
| Fireman’s Fund |
| $ | 500,000 |
| Until Cancelled |
| Cancelled |
|
Corp. Counsel |
| AIG (American International Specialty) |
| $ | 5,000,000 |
| 7/1/2010 |
| 7/1/2010 |
|
D&O |
| Chubb |
| $ | 10,000,000 |
| 1/19/2010 |
| 6/30/2010 |
|
D&O |
| AIG (National Union Fire Insurance Company) |
| $ | 10,000,000 |
| 1/19/2010 |
| 6/30/2010 |
|
D&O |
| Allied World Assurance |
| $ | 10,000,000 |
| Not Renewed |
|
|
|
D&O |
| Beazley Insurance Company Ltd. |
| $ | 10,000,000 |
| Not Renewed |
|
|
|
D&O |
| AIG CAT Excess (AIG Excess Liab Ins Co LTD)) |
| $ | 10,000,000 |
| Not Renewed |
|
|
|
D&O |
| AIG (National Union Fire Insurance Company) |
| $ | 10,000,000 |
| Not Renewed |
|
|
|
Environmental |
| AIG (American International Specialty Lines) |
| $ | 10,000,000 |
| 11/1/2010 |
| 11/1/2010 |
|
Excess Liability |
| Great American Insurance Company |
| $ | 5,000,000 |
| 11/1/2010 |
| 11/1/2010 |
|
Excess Liability |
| AIG Excess Liability Ins Co LTD |
| $ | 25,000,000 |
| Not Renewed |
|
|
|
Fidelity |
| Zurich American Insurance |
| $ | 10,000,000 |
| 7/1/2010 |
| 7/1/2010 |
|
Fiduciary |
| Chubb Insurance Group |
| $ | 15,000,000 |
| 7/1/2010 |
| 7/1/2010 |
|
Fiduciary Excess |
| National Union |
| $ | 5,000,000 |
| 7/1/2010 |
| 7/1/2010 |
|
General Liability |
| AIG (American International Specialty Lines) |
| $ | 1,000,000 |
| 11/1/2010 |
| 11/1/2010 |
|
K&R |
| The Liberty Mutual Group |
| $ | 5,000,000 |
| 1/19/2011 |
| 1/19/2011 |
|
Non-Subscriber |
| Lexington Insurance Company |
| $ | 2,000,000 |
| Not Renewed |
|
|
|
Non-Subscriber |
| Lexington Insurance Company |
| $ | 1,000,000 |
| Not Renewed |
|
|
|
Notary E&O |
| Western Surety Company |
| $ | 30,000 |
| 5/4/2009 |
| 5/4/2010 |
|
Products |
| Gibraltar |
| $ | 5,000,000 |
| 8/30/2010 |
| 8/30/2010 |
|
Property |
| National Union Fire Insurance Company |
| $ | 200,000,000 |
| 4/30/2010 |
| 4/30/2010 |
|
Property |
| National Union Fire Insurance Company |
| $ | 100,000,000 |
| 4/30/2010 |
| 4/30/2010 |
|
Punitive |
| AIG CAT Excess (AIG Excess Liab Ins Intl LTD) |
| $ | 4,500,000 |
| Not Renewed |
|
|
|
Punitive |
| AIG CAT Excess (AIG Excess Liab Ins Intl LTD) |
| $ | 50,000,000 |
| Not Renewed |
|
|
|
Punitive |
| AIG CAT Excess (AIG Excess Liab Ins Intl LTD) |
| $ | 25,000,000 |
| Not Renewed |
|
|
|
WC |
| Ins. Co. State of PA (Deductible) |
| Statutory |
| Not Renewed |
|
|
| |
WC |
| Hartford (Guaranteed Cost) |
| Statutory |
| Not Renewed |
|
|
| |
WC |
| State Compensation Insurance Fund |
| Statutory |
| 1/1/2010 |
| 4/30/2010 |
| |
WC (Excess) |
| Midwest Employers Casualty Co. |
| Statutory |
| Not Renewed |
|
|
| |
WC (Excess) |
| Gibraltar |
| Statutory |
| Not Renewed |
|
|
|
VI. UNITED STATES TRUSTEE QUARTERLY FEES
(TOTAL PAYMENTS)
Quarterly Period Ending |
| Total Disbursements |
| Quarterly Fees |
| Date Paid |
| Amount Paid |
| Quarterly Fees |
| |||
Qtr1, March 2009 |
| $ | — |
| $ | 14,625.00 |
| 05/19/09 |
| $ | 14,625.00 |
| — |
|
Qtr 2, June 2009 |
| 84,090,881.65 |
| 151,550.00 |
| 07/21/09 |
| 151,550.00 |
| — |
| |||
Qtr 3, September 2009 |
| 68,425,442.33 |
| 133,675.00 |
| 10/27/09 |
| 133,675.00 |
| — |
| |||
Qtr 4, December 2009 |
| 18,783,986.44 |
| 52,975.00 |
| 01/19/10 |
| 52,975.00 |
| — |
| |||
|
| 31,799,747.35 |
| 56,075.00 |
|
|
|
|
| 56,075.00 |
| |||
|
|
|
|
|
|
|
|
|
| — |
| |||
|
|
|
|
|
|
|
|
|
| — |
| |||
|
|
|
|
|
|
|
|
|
| — |
| |||
|
|
|
|
|
|
|
|
|
| — |
| |||
|
|
|
|
|
|
|
|
|
| — |
| |||
|
|
|
|
|
|
|
|
|
| — |
| |||
|
|
|
|
|
|
|
|
|
| — |
| |||
|
|
|
|
|
|
|
|
|
| — |
| |||
|
|
|
|
|
|
|
|
|
| — |
| |||
|
|
|
|
|
|
|
|
|
| — |
| |||
|
|
|
|
|
|
|
|
|
| — |
| |||
|
|
|
|
|
|
|
|
|
| — |
| |||
|
|
|
|
|
|
|
|
|
| — |
| |||
|
|
|
| 352,825.00 |
|
|
| 352,825.00 |
| 56,075.00 |
| |||
* Post-Petition Accounts Payable SHOULD NOT include professionals’ fees and expenses which have been incurred but not yet awarded by the court. Post-Petition Accounts Payable SHOULD include professionals’ fees and expenses authorized by Court Order but which remain unpaid as of the close of the period report
VII. SCHEDULE OF COMPENSATION PAID TO INSIDERS
Name of Insider |
| Date of Order Authorizing Compensation |
| *Authorized Gross Compensation |
| Gross Compensation |
| |
Elden L. Smith |
| Payment authorized pursuant to compliance with Local Bankruptcy Rule 2014-1(a) |
|
|
| $ | 2,948.95 |
|
Andrew Griffiths |
| Payment authorized pursuant to compliance with Local Bankruptcy Rule 2014-1(a) |
|
|
| $ | 38,750.00 |
|
Leonard J. McGill |
| Payment authorized pursuant to compliance with Local Bankruptcy Rule 2014-1(a) |
|
|
| $ | 39,078.13 |
|
Michael B. Shearin |
| Payment authorized pursuant to compliance with Local Bankruptcy Rule 2014-1(a) |
|
|
| $ | 25,725.00 |
|
James E. Smith |
| Payment authorized pursuant to compliance with Local Bankruptcy Rule 2014-1(a) |
|
|
| $ | 23,333.34 |
|
VIII. SCHEDULE OF OTHER AMOUNTS PAID TO INSIDERS
Name of Insider |
| Date of Order Authorizing Compensation |
| Description |
| Amount Paid During |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
* Please indicate how compensation was identified in the order (e.g. $1,000/week, $2,500/month)
X. BALANCE SHEET
(Amounts in thousands)
|
| March 21, 2010 |
| Mar 09, 2009 |
| ||
|
|
|
|
|
| ||
ASSETS |
|
|
|
|
| ||
Cash and cash equivalents |
| 17,064 |
| 23,986 |
| ||
Restricted Cash |
| 21,712 |
| 650 |
| ||
Market investments |
| 19,380 |
| 17,563 |
| ||
Receivables |
| 4,678 |
| 33,994 |
| ||
Inventories |
| 87 |
| 90,983 |
| ||
Performance bond deposits |
| 15,808 |
|
|
| ||
Other current assets |
| 3,428 |
| 13,561 |
| ||
Total Current Assets |
| 82,157 |
| 180,737 |
| ||
|
|
|
|
|
| ||
Property, plant and equipment, net |
| 54,171 |
| 130,044 |
| ||
Cash value of company-owned life insurance (COLI) |
| — |
| 4,016 |
| ||
Investments in subsidiary (CTPS) |
| 8,892 |
| 8,892 |
| ||
CSV of life insurance policies (Split Dollar) |
| 6,153 |
| 6,422 |
| ||
Other Assets |
| 3,101 |
| 16,402 |
| ||
TOTAL ASSETS |
| $ | 154,474 |
| $ | 346,514 |
|
|
|
|
|
|
| ||
POST PETITION LIABILITIES |
|
|
|
|
| ||
Accounts payable |
| 99 |
|
|
| ||
Employee compensation and benefits |
| — |
|
|
| ||
Product warranty reserve |
| 673 |
|
|
| ||
Insurance reserves |
| 6 |
|
|
| ||
Accrued Interest |
| 14,521 |
|
|
| ||
Short-term borrowings |
| 3,585 |
|
|
| ||
Other current liabilities |
| — |
|
|
| ||
Deferred compensation and retirement benefits |
| — |
|
|
| ||
5% convertible senior subordinated debentures |
| — |
|
|
| ||
6% convertible subordinated debentures |
| — |
|
|
| ||
14% Senior Note |
| 15,126 |
|
|
| ||
Other long-term borrowings |
| — |
|
|
| ||
Other non-current liabilities |
| — |
|
|
| ||
TOTAL POST PRETITION LIABILITIES |
| 34,010 |
|
|
| ||
|
|
|
|
|
| ||
PRE PETITION LIABILITIES |
|
|
|
|
| ||
Accounts payable |
| 10,201 |
| 10,036 |
| ||
Employee compensation and benefits |
| 4,248 |
| 20,207 |
| ||
Product warranty reserve |
| 4,757 |
| 35,473 |
| ||
Insurance reserves |
| 17,871 |
| 39,837 |
| ||
Accrued Interest |
| 13,745 |
| 13,745 |
| ||
Short-term borrowings |
| 311 |
| 311 |
| ||
Other current liabilities |
| 16,228 |
| 25,584 |
| ||
Deferred compensation and retirement benefits |
| 8,953 |
| 9,076 |
| ||
5% convertible senior subordinated debentures |
| 1,069 |
| 1,069 |
| ||
6% convertible subordinated debentures |
| 160,142 |
| 160,142 |
| ||
14% Senior Note |
| 61,848 |
| 61,848 |
| ||
Other long-term borrowings |
| 23,725 |
| 27,731 |
| ||
Other non-current liabilities |
| — |
| 12,894 |
| ||
TOTAL PRE PRETITION LIABILITIES |
| 323,098 |
| 417,953 |
| ||
|
|
|
|
|
| ||
TOTAL LIABILITIES |
| 357,108 |
|
|
| ||
|
|
|
|
|
| ||
COMMITMENTS AND CONTINGENCIES |
|
|
|
|
| ||
Shareholders equity: |
|
|
|
|
| ||
Preferred stock, $1 par value, authorized 10,000,000 shares, non outstanding |
| — |
| — |
| ||
Common stock, $.01 par value, authorized 300,000,000 shares, outstanding 209.320.000 at January 25, 2009 amd 64,257,000 at April 27, 2008 |
| 2,080 |
| 2,092 |
| ||
Additional paid-in capital |
| 623,634 |
| 623,279 |
| ||
Accumulated deficit |
| (827,195 | ) | (695,389 | ) | ||
Accumulated other comprehensive loss |
| (1,153 | ) | (1,422 | ) | ||
|
| (202,634 | ) | (71,439 | ) | ||
|
|
|
|
|
| ||
TOTAL LIABILITIES AND SHARESHOLDERS’ EQUITY |
| $ | 154,474 |
| $ | 346,514 |
|
Note 1: Balance sheet includes non-debtors. The most significant is Gibraltar the captive insurance company with assets of $24.1 million and liabilities of $20.7 million.
Note 2: Restricted cash includes amounts that are currently held as collateral for undrawn lines of credit or are restricted under the terms of an applicable order of the bankruptcy court.
Note 3: Not reflected on the balance sheet are $7.0 million of letters of credit mainly to support the workers’ compensation self-insured exposure.
X. INCOME STATEMENT
(ACCRUAL BASIS ONLY)
|
| Actual FY10 |
| Actual FY10 |
|
|
| Feb |
| Mar |
|
|
|
|
|
|
|
SALES |
|
|
|
|
|
Gross sales |
| — |
| — |
|
Intercompany sales |
| — |
| — |
|
Sales discounts and allowances |
| — |
| — |
|
NET SALES |
|
|
|
|
|
|
|
|
|
|
|
COST OF GOODS SOLD |
|
|
|
|
|
Beginning Inventory at cost |
|
|
|
|
|
Purchases |
|
|
|
|
|
Less: Ending Inventory at cost |
|
|
|
|
|
TOTAL MATERIALS COST |
|
|
|
|
|
|
|
|
|
|
|
OPERATING EXPENSES |
|
|
|
|
|
Payroll - Insiders |
| 125,308 |
| 129,835 |
|
Payroll - Other Employees |
| 116,542 |
| 96,995 |
|
Payroll Taxes |
| 34,843 |
| 17,063 |
|
Other Taxes (Itemize) |
| — |
| — |
|
Depreciation and Amortization |
| — |
| 2,569 |
|
Rent Expense - Real Property |
| 7,500 |
| 7,500 |
|
Lease Expense - Personal Property |
| 34,237 |
| 1,445 |
|
Insurance |
| 98,534 |
| 75,348 |
|
Real Property Taxes |
| 1,373 |
| 324 |
|
Telephone and Utilities |
| 72,355 |
| 96,604 |
|
Repairs and Maintenance |
| 31,968 |
| 133,798 |
|
Travel and Entertainment (Itemized - Attachment) |
| 3,793 |
| 135 |
|
Miscellaneous Operating Expenses (Itemized - See Attachment) |
| 2,200,731 |
| 1,123,012 |
|
TOTAL OPERATING EXPENSES |
| 2,727,182 |
| 1,684,629 |
|
|
|
|
|
|
|
INCOME/(LOSS) FROM OPERATIONS |
| (2,727,182 | ) | (1,684,629 | ) |
|
|
|
|
|
|
NON-OPERATING INCOME |
|
|
|
|
|
Interest Income |
|
|
|
|
|
Interest Income - Intercompany |
| — |
| — |
|
Interest Income - Common Securities |
| 44,459 |
| 44,459 |
|
Interest Income - Taxable |
| 3,772 |
| 2,761 |
|
Investment Income - Management Fees |
| 6,764 |
| 23,525 |
|
TOTAL NON-OPERATING INCOME |
| 54,995 |
| 70,745 |
|
|
|
|
|
|
|
NON-OPERATING EXPENSES |
|
|
|
|
|
Long Term Interest Expense - Senior Note |
| 1,586,100 |
| 1,586,100 |
|
Long Term Interest Expense |
| 255,890 |
| 233,391 |
|
Long Term Interest Expense - B of A |
| 24,876 |
| 83,220 |
|
Long Term Interest Expense - CTPS |
| 835,687 |
| 835,687 |
|
Long Term Interest Expense - Miscellaneous |
| — |
| — |
|
TOTAL NON-OPERATING EXPENSES |
| 2,702,553 |
| 2,738,397 |
|
|
|
|
|
|
|
OTHER (ITEMIZE - SEE ATTACHMENT) |
| — |
| — |
|
|
|
|
|
|
|
TAXES |
|
|
|
|
|
|
|
|
|
|
|
NET INCOME (LOSS) |
| (5,374,740 | ) | (4,352,282 | ) |
MISCELLANEOUS - - OTHER SCHEDULE
|
| Actual FY10 |
| Actual FY10 |
|
|
| Feb |
| Mar |
|
|
|
|
|
|
|
TOTAL OPERATING EXPENSES |
| 2,727,182 |
| 1,684,629 |
|
|
|
|
|
|
|
DIRECT LABOR - OTHER |
| — |
| — |
|
|
|
|
|
|
|
5301 LABOR OVERHEAD |
| — |
| — |
|
|
|
|
|
|
|
5320 SUPPLIES & SERVICE-VARIABL |
| 9,723 |
| 1,267 |
|
|
|
|
|
|
|
5360 OTHER MANUF COSTS-VARIABLE |
| 400 |
| 500 |
|
|
|
|
|
|
|
5390 APPLIED MFG OHD-VARIABLE |
| — |
| — |
|
|
|
|
|
|
|
5500 + 5600 SHIPPING, HANDLING, INSTALLATION |
| (17,680 | ) | 20,566 |
|
|
|
|
|
|
|
ADVERTISING |
| 512 |
| — |
|
|
|
|
|
|
|
REPURCHASE COSTS |
| (401,099 | ) | — |
|
|
|
|
|
|
|
OFFICE EXPENSES |
| 96,470 |
| 113,238 |
|
|
|
|
|
|
|
6600 WARRANTY & SERVICE EXPENSES |
| (134,380 | ) | 2,266 |
|
|
|
|
|
|
|
7211.XXX MATERIAL |
| — |
| 252 |
|
|
|
|
|
|
|
8360 EXTERNAL LABOR-FIXED |
| 944,478 |
| 608,654 |
|
|
|
|
|
|
|
8448.XXX AUDIT FEES |
| 25,000 |
| 25,000 |
|
|
|
|
|
|
|
LEGAL EXPENSES |
| 18,368 |
| 37,177 |
|
|
|
|
|
|
|
PUBLIC COMPANY EXPENSES |
| 2,064 |
| 2,903 |
|
|
|
|
|
|
|
8590.XXX GAIN/LOSS-CURRENCY |
| (17,686 | ) | (26,044 | ) |
|
|
|
|
|
|
8625.XXX GAIN/LOSS SALE-FXD ASSET |
| 1,408,422 |
| (91,660 | ) |
|
|
|
|
|
|
INSURANCE - CHANGE IN CSV |
| 115,664 |
| 115,664 |
|
|
|
|
|
|
|
8870 IDLE FACIL-OTHER-FIXED |
| — |
| — |
|
|
|
|
|
|
|
OTHER’ OPERATING EXPENSES (ITEMIZED ABOVE) |
| 641,834 |
| 809,783 |
|
|
|
|
|
|
|
MISCELLANEOUS OPERATING EXPENSES (NOT ITEMIZED) |
| 1,558,897 |
| 313,229 |
|
|
|
|
|
|
|
TOTAL ‘OTHER’ OPERATING EXPENSES |
| 2,200,731 |
| 1,123,012 |
|
TRAVEL SCHEDULE
|
| Actual FY10 |
| Actual FY10 |
| ||
|
| Feb |
| Mar |
| ||
|
|
|
|
|
| ||
5535.011 WH TRAVESL SERV MNGR FSS |
| $ | — |
| $ | — |
|
6452 RELOC-TRAVEL TO NEW LOC |
| — |
| — |
| ||
6461 TRAVEL AIRLINE |
| — |
| — |
| ||
6462 TRAVEL RENTAL CARS |
| — |
| — |
| ||
6463 TRAVEL LODGING |
| — |
| — |
| ||
6464 TRAVEL MEAL/PER DIEM |
| — |
| — |
| ||
6465 TRAVEL PERSONAL CAR |
| — |
| — |
| ||
6466 TRAVEL - ENTERTAINMENT |
| — |
| — |
| ||
6467 TRAVEL OTHER |
| — |
| — |
| ||
6617.414 TRAVEL TRAILERS |
| — |
| — |
| ||
6852 SVC-RELOC-TVL TO NEW LOC |
| — |
| — |
| ||
6861 SVC-AIRLINE TRAVEL |
| — |
| — |
| ||
6862 SVC-TRAVEL-RENTAL CARS |
| — |
| — |
| ||
6863 SVC-TRAVEL LODGING |
| — |
| — |
| ||
6864 SVC-TRAVEL-MEAL/PERDIEM |
| — |
| — |
| ||
6865 SVC-TRAVEL PERSONAL CAR |
| — |
| — |
| ||
6866 SVC-TRAVEL-ENTERTIANMENT |
| — |
| — |
| ||
6867 SVC-TRAVEL OTHER |
| — |
| — |
| ||
7652 RELOC-TRAVEL NEW LOCAT |
| — |
| — |
| ||
7653 RELOC-PRE-MOVE TRAVEL |
| — |
| — |
| ||
7681 TRAVEL-AIRLINES |
| — |
| — |
| ||
7682 TRAVEL-RENTAL CARS |
| — |
| — |
| ||
7683 TRAVEL-LODGING |
| — |
| — |
| ||
7684 TRAVEL-MEAL & PER DIEM |
| — |
| — |
| ||
7685 TRAVEL-PERSONAL AUTO |
| — |
| — |
| ||
7686 TRAVEL-ENTERTAINMENT |
| — |
| — |
| ||
7687 TRAVEL-OTHER |
| — |
| — |
| ||
7693.XXX TRAIN & EDUC-TRAVEL |
| — |
| — |
| ||
8343 TRAINING & EDUCATION-TRAVEL |
| — |
| — |
| ||
8352 RELOC-TRAVEL NEW LOCAT |
| — |
| — |
| ||
8353 RELOC-PRE-MOVE TRAVEL |
| — |
| — |
| ||
8380 TRAVEL & ENTERTAIN-FIXED |
| 3,793 |
| 135 |
| ||
8426.63130 TRAVEL |
| — |
| — |
| ||
8426.63131 TRAVEL - MEALS |
| — |
| — |
| ||
8426.63132 TRAVEL- BUSINESS ENTERTAINMENT |
| — |
| — |
| ||
8552.102 DIRECTORS TRAVEL |
| — |
| — |
| ||
8686 TRAVEL & ENTERTAINMENT |
| — |
| — |
| ||
|
|
|
|
|
| ||
TOTAL TRAVEL AND ENTERTAINMENT |
| $ | 3,793 |
| $ | 135 |
|
XI. QUESTIONNAIRE
|
| No | Yes | ||
1. | Has the debtor-in-possession made any payments on its pre-petition unsecured debt, except as have been authorized by the court? If “Yes”, explain below: | x | o | ||
|
|
|
| ||
|
| No | Yes | ||
2. | Has the debtor-in-possession during this reporting period provided compensation or remuneration to any officers, directors, principals, or other insiders without appropriate authorization? If “Yes”, explain below: | x | o | ||
|
|
|
| ||
|
|
|
| ||
3. | State what progress was made during the reporting period toward filing a plan of reorganization: |
|
| ||
| A draft of the disclosure statement was prepared along with assisting the credit committee with developing a plan. |
|
| ||
|
|
|
| ||
4. | Describe potential future developments which may have a significant impact on the case: |
|
| ||
| None |
|
| ||
|
|
|
| ||
5. | Attach copies of all Orders granting relief from the automatic stay that were entered during the reporting period. |
|
| ||
| Attached - See Exhibit A |
|
| ||
|
|
|
| ||
|
| No | Yes | ||
6. | Did you receive any exempt income this month, which is not set forth in the operating report? If “Yes”, please set forth the amounts and sources of the income below. | x | o | ||
|
|
|
| ||
|
|
|
| ||
| I declare under penalty of perjury that I have fully read and understood the foregoing debtor-in-possession operating report and that the information contained herein is true and complete to the best of my knowledge. | ||||
|
|
|
| ||
|
|
|
| ||
| Principal for Debtor-in-Possession: | /s/ James F. Smith |
|
|
|
|
|
|
|
|
|
| Date: | 4/21/10 |
|
|
|
EXHIBIT A
CRAIG H. MILLET, SBN 106027, CMillet@gibsondunn.com | FILED & ENTERED |
SOLMAZ KRAUS, SBN 223117, SKraus@gibsondunn.com |
|
MICHELE BARINSKY, SBN 247745, MBarinsky@gibsondunn.com |
|
GIBSON, DUNN & CRUTCHER LLP | MAR 15 2010 |
3161 Michelson Drive |
|
|
Irvine, California 92612-4412 |
| CLERK U.S. BANKRUPTCY COURT |
Telephone: 949.451.3800 |
| Central District of California |
Facsimile: 949.451.4220 |
| BY Hallock DEPUTY CLERK |
Attorneys for Debtors and Debtors in Possession
UNITED STATES BANKRUPTCY COURT
FOR THE CENTRAL DISTRICT OF CALIFORNIA
RIVERSIDE DIVISION
In re | CASE NO. 09-14254-MJ | |
|
| |
FLEETWOOD ENTERPRISES, INC., et al. | Chapter 11 Proceeding | |
|
| |
Debtors. | [Jointly Administered] | |
|
| |
| ORDER (i) APPROVING SETTLEMENT BETWEEN DEBTORS AND POWER GEAR PURSUANT TO BANKRUPTCY RULE 9019(a) , (ii) ALLOWING SETOFF, (iii) MODIFYING THE AUTOMATIC STAY; AND (iv) AUTHORIZING DEBTORS TO REJECT THE POWE GEAR SUPPLIER AGREEMENTS | |
|
| |
| Hearing: | |
| Date: | March 10, 2010 |
| Time: | 1:30 p.m. |
| Place: | Courtroom 302 |
|
| 3420 Twelfth Street |
|
| Riverside, CA 92501 |
|
|
|
| Judge: | Hon. Meredith A. Jury |
Upon consideration of the motion (“Motion”) of Fleetwood Enterprises, Inc., and its affiliated debtor entities, as debtors and debtors in possession in the above-captioned jointly administered chapter 11 cases (collectively, the “Debtors”), for entry of an order, pursuant to section 105 of the title 11 of the United States Code, 11 U.S.C. §§ 101-1532 (the “Bankruptcy Code”), and Rule
9019(a) of the Federal Rule of Bankruptcy Procedure, approving a settlement (the “Settlement”) by and between the Debtors, on the one hand, and Power Gear (“Power Gear”), a Division of Actuant Corporation, on the other hand, and the Declaration of Leonard J. McGill filed contemporaneously therewith attaching as Exhibit A a settlement agreement (the “Settlement Agreement”) between the parties that memorializes the Settlement; and unless otherwise defined herein, all capitalized terms shall have the meanings ascribed to them in the Motion; and the Court having reviewed and considered: the record in these chapter 11 cases, the Motion and any objections thereto, the Declaration of Leonard J. McGill, the arguments of counsel in support of the Motion, and having determined that the relief requested in the Motion is in the best interests of the Debtors, their estates, creditors, and other parties in interest; and it appearing that proper and adequate notice of the Motion has been given and that no other or further notice need be given; and after due deliberation thereon; and good and sufficient cause appearing therefor; and a hearing as to the Motion having been held before this Court on March 10, 2010 (the “9019 Hearing”), and all parties in interest having been afforded an opportunity to be heard; and any objections to the Motion having been withdrawn, resolved, or overruled by the Court.
IT IS HEREBY FOUND THAT:
A. On March 10, 2009, and subsequent dates thereafter (collectively, the “Petition Date”), the Debtors each filed a voluntary petition for relief under chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the Central District of California (the “Bankruptcy Court”). The Debtors continue to conduct their affairs and manage their property as debtors in possession pursuant to sections 1107(a) and 1108 of the Bankruptcy Code. Pursuant to the Federal Rules of Bankruptcy Procedure, the Debtors’ chapter 11 cases are being jointly administered for procedural purposes.
B. This Court has jurisdiction to hear and determine the Motion pursuant to 28 U.S.C. §§ 157 and 1334. Venue of the Debtors’ chapter 11 cases and the Motion is proper in this District and the Bankruptcy Court pursuant to 28 U.S.C. §§ 1408 and 1409.
C. As evidenced by the certificate of service previously filed with the Court, (i) proper, timely, adequate and sufficient notice of the Motion and the 9019 Hearing has been provided, (ii) such notice constitutes due and proper notice under the Federal Rules of Bankruptcy Procedure
and the Local Bankruptcy Rules; (iii) such notice was reasonable, sufficient and appropriate under the circumstances, and (iv) no other or further notice of the Motion, the 9019 Hearing or of the entry of this Order is required.
D. A reasonable opportunity to object or be heard with respect to the Motion and the relief requested therein has been afforded to all persons and entities who received notice.
E. Prior to the Petition Date, Power Gear sold certain of the Debtors parts and materials pursuant to certain supplier agreements dated July 14, 2008 and July 17, 2008 (the “Supplier Agreements”).
F. Power Gear has timely asserted a prepetition unsecured claim against the Debtors for money due on account of prepetition sales under the Supplier Agreements in the aggregate amount of $311,351.62 (the “Prepetition Claim”) by filing proofs of claim in the Debtors’ bankruptcy cases. Power Gear has also asserted that it is entitled to an administrative priority claim against the Debtors for postpetition sales under the Supplier Agreements in the aggregate amount of $68,464.63 (the “Postpetition Claim”).
G. Power Gear has also timely filed an administrative expense claim pursuant to section 503(b)(9) of the Bankruptcy Code in the aggregate amount of $27,751.19 (the “503(b)(9) Request”).
H. The Debtors have objected to the 503(b)(9) Request (the “503(b)(9) Objection”) on the grounds that, inter alia, the amount of the 503(b)(9) Request should be reduced by the Prepetition Credit (as defined below).
I. The Debtors are entitled to certain prepetition warranty credits and vendor chargebacks (i.e., amounts due from Power Gear to the Debtors on account of various product issues) from Power Gear in an aggregate amount of not less than $635,290.54 (the “Prepetition Credit”). The Debtors are entitled to postpetition warranty credits and vendor chargebacks from Power Gear in an aggregate amount of not less than $235,538.04 (the “Postpetition Credit” and, together with the Prepetition Credit, the “Credits”). The Credits represent all the warranty credits and vendor chargebacks incurred with respect to the parts and materials sold by Power Gear to the Debtors prior to July 17, 2009.
J. On July 2, 2009 (the “Sale Date”), the Bankruptcy Court entered an order approving the sale of substantially all of the Debtors’ assets related to their motorized recreational vehicle business (the “Sale”) to a third party (the “Purchaser”) pursuant to an asset sale agreement (“APA”), which order was entered, as amended, on August 6, 2009. The Sale closed on July 17, 2009 (the “Closing Date”).
K. Pursuant to Paragraph 1.1(a)(xi) of the APA, the Debtors transferred to the Purchaser all rights to causes of action, lawsuits, judgments, claims, counterclaims, indemnities, warranties, refunds, rights of recovery, rights of set-off and rights of recoupment of every kind and nature (whether known or unknown or contingent or noncontingent) and demands of any nature in favor of the Debtors, in each case, except as set forth in Paragraph 1.2(a)(xii) of the APA (the “Transferred Assets”).
L. Pursuant to Paragraph 1.2(a)(xii) of the APA, the Debtors retained all rights to causes of action, lawsuits, judgments, claims, counterclaims, indemnities, warranties, refunds, rights of recovery, rights of set-off and rights of recoupment of every kind and nature (whether known or unknown or contingent or non-contingent) and demands of any nature in favor of a Debtor, in each case, to the extent (1) asserted by a Debtor prior to the Closing Date, (2) asserted as a counterclaim with respect to a Claim (as that term is defined in the APA and 11 USC § 101(5)) asserted against a Debtor prior to the Closing Date or (3) listed on or described in Schedule 1.2(a)(xii) to the APA (the “Excluded Assets”).
M. Pursuant to Schedule 1.2(a)(xii) to the APA, in supplement to the Excluded Assets described in paragraphs 1.2 (a)(xii) of the APA, the Debtors retained all rights to any causes of action, lawsuit, judgments, claims, counterclaims, indemnities, warranties, refunds, rights of recovery, rights of set-off and rights of recoupment of every kind and nature (whether know or unknown or contingent or non-contingent) and demands of any nature in favor of a Debtor, in each case,
(a) whether or not asserted by a Debtor, or whether or not asserted as a counterclaim with respect to a Claim asserted against a Debtor, prior to the Closing Date with regard to any and all assets that do not constitute Transferred Assets. For further clarification, the Debtors retained all
rights, titles and interests to Excluded Liabilities (as that term is defined in the APA) and to any assets that do not constitute Transferred Assets unless otherwise specifically and particularly specified; and
(b) as to the following matters:
For purposes of the following, “claim(s)” has the meaning set forth in 11 USC § 101(5).
(i) Any and all claims and counter claims of any Debtor against any creditor asserting a prepetition claim against any Debtor that would give rise to any right to a set off.
(ii) Any and all claims and counter claims of any Debtor against any creditor asserting a postpetition or administrative claim against any Debtor that would give rise to a right to a set off.
(iii) Any and all claims and counter claims of any Debtor against any dealer of the products of any Debtor for products delivered, payment for which was to be made by a flooring financier or other financier and which has not been paid.
(iv) Any and all claims and counter claims of any Debtor against any entity providing financing to Debtors’ dealers for products purchased from a Debtor, including without limitation GE Commercial Finance, Textron Financial and their affiliates.
(v) Any and all claims and counter claims of any Debtor against any supplier or component manufacturer/distributor of the products of any Debtor for payment of warranty, parts and service costs incurred, and/or defense and/or indemnity claims whether or not asserted, and which has not been paid or otherwise resolved, including without limitation Dometic Corporation and its affiliates.
(vi) Any and all claims and counter claims of any Debtor against any creditor asserting a claim under section 503(b)(9) or a reclamation claims against any Debtor that would give rise to the right of any Debtor to a set off.
(vii) Any and all claims and counter claims of any Debtor against any entity that, up to the Closing Date, is not or has not been a dealer of Debtors’ products, a supplier to Debtor or a service provider to Debtor.
(viii) Any and all claims and counter claims of any Debtor against any entity that, up to the Closing Date, is a dealer of the Debtors’ products, is a supplier to Debtor or is a service provider to
the Debtor from whom the Purchaser elects not to obtain products or services or who the Purchaser elects not to engage as a dealer of Purchaser’s products.
N. Pursuant to the terms of the APA, the Debtors have retained their rights to the Credits, and the Debtors control all of the rights, claims, and causes of action that are to be waived, released, and relinquished under sections 3 and 4 of the Settlement Agreement.
O. Under the APA, the Debtors assumed and assigned to the Purchaser certain executory contracts related to their motorized recreational vehicle business as set forth in Schedule 1.1(a)(i) of the APA. Any executory contracts not assumed, assumed and assigned or rejected prior to the confirmation of the Debtors’ chapter 11 plan of liquidation (the “Plan”) will be rejected in the Plan. The Supplier Agreements were not listed in Schedule 1.1(a)(i) of the APA and have not otherwise been assumed or assigned by the Debtors as of the date of entry of this Order.
P. The Settlement with Power Gear represents a fair and reasonable compromise.
IT IS THEREFORE ORDERED, ADJUDGED AND DECREED, EFFECTIVE IMMEDIATELY, that:
1. The findings of fact set forth above and conclusions of law stated herein shall constitute this Court’s findings of fact and conclusions of law pursuant to Bankruptcy Rule 7052, made applicable to this proceeding pursuant to Bankruptcy Rule 9014. To the extent any finding of fact later shall be determined to be a conclusion of law, it shall be so deemed, and to the extent any conclusion of law later shall be determined to be a finding of fact, it shall be so deemed.
2. The Motion is granted in its entirety.
3. The Debtors’ Settlement with Power Gear is approved in all respects and the Debtors are authorized to take any and all actions contemplated therein and in furtherance of the Settlement.
4. The Prepetition Setoff and Postpetition Setoff as described in the Motion and in the Settlement are approved.
5. The automatic stay is modified to the extent necessary to allow Power Gear to proceed with the Prepetition Setoff and the Postpetition Setoff.
6. Pursuant to the Settlement, Power Gear shall pay the Debtors $489,598.58 (the “Payment”) within three (3) business days after this Order becomes final and non-appealable. The
Payment represents the agreed upon net amount due to the Debtors following the Prepetition Setoff and the Postpetition Setoff.
7. The Payment constitutes full and final reconciliation, resolution and settlement of all open account activity between the Debtors and Power Gear, and is in complete satisfaction of all past, present, and future warranty credits and vendor chargebacks related to or in connection with all parts, materials and other goods sold to the Debtors by Power Gear prior to the Closing Date. Upon receipt of the Payment, the Debtors and their estates shall be deemed to have fully, finally, and forever waived, released, relinquished, and discharged Power Gear and its affiliates and representatives from any and all rights, claims, and causes of action that the Debtors and their estates could have asserted against Power Gear related to the Credits, future warranty credits and vendor chargebacks, including, without limitation, any rights, claims, and causes of action for all past, present, and future warranty credits and vendor chargebacks related to or in connection with parts, materials and other goods sold to the Debtors by Power Gear prior to the Closing Date.
8. Upon Court approval of the Prepetition and Postpetition Setoffs, Power Gear shall be deemed to have fully, finally, and forever waived, released, relinquished, and discharged the Debtors, the Debtors’ estates and the Debtors’ affiliates and representatives from any and all rights, claims, and causes of action that Power Gear could have asserted against the Debtors related to or in connection with the Supplier Agreements and all parts, materials and other goods sold to the Debtors by Power Gear prior to the Closing Date including, without limitation, the Prepetition Claim, the Postpetition Claim, and the 503(b)(9) Request.
9. The Supplier Agreements shall be deemed rejected by the Debtors pursuant to Bankruptcy Code Section 365(a) as of the date of this Order, provided, however, that Power Gear shall be deemed to have waived and released any claim for rejection damages.
10. This Court shall retain jurisdiction with respect to any matters, claims, rights or disputes arising from or related to the implementation of this Order.
###
| |
DATED: March 15, 2010 | United States Bankruptcy Judge |
In re: FLEETWOOD ENTERPRISES, INC. |
|
|
|
| CHAPTER: 11 |
|
|
Debtor(s). | CASE NUMBER: 09-14254-MJ |
NOTE TO USERS OF THIS FORM:
1) Attach this form to the last page of a proposed Order or Judgment. Do not file as a separate document.
2) The title of the judgment or order and all service information must be filled in by the party lodging the order.
3) Category I. below: The United States trustee and case trustee (if any) will always be in this category.
4) Category II. below: List ONLY addresses for debtor (and attorney), movant (or attorney) and person/entity (or attorney) who filed an opposition to the requested relief. DO NOT list an address if person/entity is listed in category I.
NOTICE OF ENTERED ORDER AND SERVICE LIST
Notice is given by the court that a judgment or order entitled (specify) ORDER (i) APPROVING SETTLEMENT BETWEEN DEBTORS AND POWER GEAR PURSUANT TO BANKRUPTCY RULE 9019(a), (ii) ALLOWING SETOFF, (iii) MODIFYING THE AUTOMATIC STAY; AND (iv) AUTHORIZING DEBTORS TO REJECT THE POWE GEAR SUPPLIER AGREEMENTS was entered on the date indicated as “Entered” on the first page of this judgment or order and will be served in the manner indicated below:
I. SERVED BY THE COURT VIA NOTICE OF ELECTRONIC FILING (“NEF”) – Pursuant to controlling General Order(s) and Local Bankruptcy Rule(s), the foregoing document was served on the following person(s) by the court via NEF and hyperlink to the judgment or order. As of , the following person(s) are currently on the Electronic Mail Notice List for this bankruptcy case or adversary proceeding to receive NEF transmission at the email address(es) indicated below.
SEE ATTACHED SERVICE LIST BELOW
| x Service information continued on attached page |
II. SERVED BY THE COURT VIA U.S. MAIL: A copy of this notice and a true copy of this judgment or order was sent by United States Mail, first class, postage prepaid, to the following person(s) and/or entity(ies) at the address(es) indicated below:
| o Service information continued on attached page |
III. TO BE SERVED BY THE LODGING PARTY: Within 72 hours after receipt of a copy of this judgment or order which bears an “Entered” stamp, the party lodging the judgment or order will serve a complete copy bearing an “Entered” stamp by U.S. Mail, overnight mail, facsimile transmission or email and file a proof of service of the entered order on the following person(s) and/or entity(ies) at the address(es), facsimile transmission number(s), and/or email address(es) indicated below:
SEE ATTACHED SERVICE LIST BELOW
| x Service information continued on attached page |
In re: FLEETWOOD ENTERPRISES, INC. |
|
|
|
| CHAPTER: 11 |
|
|
Debtor(s). | CASE NUMBER: 09-14254-MJ |
ADDITIONAL SERVICE INFORMATION (if needed):
I.
Service via ECF
Company |
| Contact |
| |
AL-KO Kober Corporation |
| Michael J Heyman |
| michael.heyman@klgates.com |
Allen Matkins Leek Gamble Mallory & Natsis LLP |
| Yale K Kim & David R Zaro |
| ykim@allenmatkins.com; dzaro@allenmatkins.com |
Alpert Barr & Grant APLC |
| Mark S Blackman |
| Mblackman@AlpertBarr.com |
American Electric Power |
| David W Meadows |
| david@davidwmeadowslaw.com |
Ballard Spahr Andrews & Ingersoll LLP |
| Rebecca J Winthrop |
| winthropr@ballardspahr.com; boote@ballardspahr.com |
Best Best & Krieger |
| Richard T Egger |
| richard.egger@bbklaw.com |
Brown & Connery LLP |
| Donald K Ludman |
| dludman@brownconnery.com |
Byron Z Moldo |
|
|
| bmoldo@ecjlaw.com; tmelendez@ecjlaw.com |
Counsel to Atwood Mobile Products |
| Caroline Djang |
| crd@jmbm.com |
Counsel to Other Prof Greenhill & Co LLC |
| Howard Steinberg |
| hsteinberg@irell.com; awsmith@irell.com |
Counsel to Peggy Richan |
| Sophie A Hubscher |
| sophie@korperlemonlaw.com |
Cox Castle & Nicholson |
| Randy P Orlik |
| rorlik@coxcastle.com |
Daniel C Lapidus |
|
|
| dan@lapiduslaw.com |
Danning Gill Diamond & Kollitz LLP |
| John J Bingham Jr |
| jbingham@dgdk.com |
David M Poitras |
|
|
| dpoitras@jmbm.com |
Deutsche Bank Trust Company Americas |
| Todd Padnos |
| tpadnos@dl.com |
Donahoe & Young LLP |
| Mark Young & Samuel Price |
| sprice@donahoeyoung.com; myoung@donahoeyoung.com |
Fleetwood Enterprises Inc |
| Craig Millet, Solmaz Kraus |
| skraus@gibsondunn.com; cmillet@gibsondunn.com |
Frandzel Robins Bloom & Csato LC |
| Andrew K Alper |
| aalper@frandzel.com |
Gibson Dunn |
| Anne A Uyeda |
| auyeda@gibsondunn.com |
Gibson Dunn |
| Jeffrey H Reeves |
| jreeves@gibsondunn.com |
Girard Gibbs LLP |
| Matthew B George & Eric H Gibbs |
| mbg@girardgibbs.com |
Gust Rosenfeld PLC |
| Madeline C Wanslee |
| mwanslee@gustlaw.com |
Hewlett Packard Co |
| Ramona Neal |
| ramona.neal@hp.com |
Julander Brown & Bollard LLP |
| William C Bollard |
| eal@jbblaw.com |
Latham & Watkins LLP |
| Gregory O Lunt |
| gregory.lunt@lw.com |
Latham & Watkins LLP |
| Kimberly A Posin |
| kim.posin@lw.com |
Lesnick Law |
| Matthew A Lesnick |
| matt@lesnicklaw.com |
Levy Small & Lallas |
| Leo D Plotkin |
| lplotkin@lsl-la.com |
Linebarger Goggan Blair & Sampson LLP |
| Diane Sanders |
| austin.bankruptcy@publicans.com |
Linebarger Goggan Blair & Sampson LLP |
| Elizabeth Weller |
| dallas.bankruptcy@publicans.com |
Linebarger Goggan Blair & Sampson LLP |
| John P Dillman |
| houston_bankruptcy@publicans.com |
Maytag Corporation |
| John D Monte |
| montelaw@earthlink.com |
McCreary Veselka Bragg & Allen PC |
| Michael Reed |
| kmorriss@mvbalaw.com |
Nexsen Pruet LLC |
| Rose D Manos |
| manos@nexsenpruet.com |
Nixon Peabody LLP |
| Louis J Cisz III |
| lcisz@nixonpeabody.com |
Pachulski Stang Ziehl & Jones LLP |
| Hamid Rafatjoo |
| hrafatjoo@pszjlaw.com |
Pachulski Stang Ziehl & Jones LLP |
| Mary D Lane |
| mlane@pszjlaw.com |
Peter A Davidson |
|
|
| pdavidson@ecjlaw.com |
In re: FLEETWOOD ENTERPRISES, INC. |
|
|
|
| CHAPTER: 11 |
|
|
Debtor(s). | CASE NUMBER: 09-14254-MJ |
Company |
| Contact |
| |
Pillsbury Winthrop Shaw Pittman LLP |
| Mark Houle & Craig Barbarosh |
| mark.houle@pillsburylaw.com; |
Reid & Hellyer A Professional Corp |
| Mark C Schnitzer |
| mschnitzer@rhlaw.com |
Richardson & Patel LLP |
| Sharon Z Weiss |
| sweiss@richardsonpatel.com |
Romero Law Firm |
| Martha E Romero |
| Romero@mromerolawfirm.com |
The Gwynn Law Law Firm PC |
| Jeffrey T Gwynn |
| jgwynn@gwynn-law.com |
Thompson & Colgate LLP |
| John A Boyd |
| fednotice@tclaw.net |
United States Trustee |
| Elizabeth A Lossing |
| elizabeth.lossing@usdoj.gov |
United States Trustee |
|
|
| ustpregion16.rs.ecf@usdoj.gov |
Warner Stevens |
| Michael D Warner |
| echou@warnerstevens.com |
II.
Service via U.S. Mail
Company |
| Contact |
| Address 1 |
| Address 2 |
| City |
| State |
| Zip |
Attorney General |
| Eric Holder |
| US DOJ Ben Franklin |
|
|
| Washington |
| DC |
| 20044 |
Brayton Purcell LLP |
| Alan R Brayton & Christina C Skubic |
| 222 Rush Landing Rd |
|
|
| Novato |
| CA |
| 94945 |
Daniel R Shapiro |
|
|
| 8304 Limonita Ave Ste D131 |
|
|
| Riverside |
| CA |
| 92509 |
Department of Defense |
| Robert Gates Secretary |
| 1000 Defense Pentagon |
|
|
| Washington |
| DC |
| 20301 |
Deutsche Bank Trust Co |
| Americas Trust & Securities Svs |
| 60 Wall St MS NYC 60 2710 |
|
|
| New York |
| NY |
| 10005 |
Farrar Holliman & Butler |
| E Guy Holliman |
| PO Box 280 |
|
|
| Lafayette |
| TN |
| 37083 |
Franchise Tax Board |
| Bankruptcy Unit |
| PO Box 2953 |
|
|
| Sacramento |
| CA |
| 95812-2952 |
Howrey LLP |
| Richard J Burdge |
| 550 S Hope St |
|
|
| Los Angeles |
| CA |
| 90071 |
IKON Office Solutions Inc |
| Katrina Rumph |
| 3920 Arkwright Rd Ste 400 |
| Recovery & Bankruptcy Group |
| Macon |
| GA |
| 31210 |
Internal Revenue Service |
|
|
| PO Box 21126 |
|
|
| Philadelphia |
| PA |
| 19114 |
Law Office of Dean P Sperling |
| Dean P Sperling |
| 201 E Sandpointe Ste 220 |
|
|
| Santa Ana |
| CA |
| 92707 |
Owens Corning |
| Attn Karen Sprenger 1D 5 |
| 1 Owens Corning Pkwy |
|
|
| Toledo |
| OH |
| 43659 |
Perdue Brandon Fielder Collins & Mott LLP |
| John T Banks |
| 3301 Northland Dr Ste 505 |
|
|
| Austin |
| TX |
| 78731 |
Securities and Exchange Commission |
|
|
| 233 Broadway 13th Fl |
|
|
| New York |
| NY |
| 10279 |
Securities and Exchange Commission |
|
|
| 5670 Wilshire Blvd 11th Fl |
|
|
| Los Angeles |
| CA |
| 90036 |
Tennessee Department of Revenue |
| c o TN Attorney Generals Office |
| PO Box 20207 |
|
|
| Nashville |
| TN |
| 37202-0207 |
The Bank of New York Melon Trust Co |
| Attn Corporate Trust Administration |
| 101 Barclay St 21 W |
|
|
| New York |
| NY |
| 10286 |
The Bank of New York Melon Trust Co |
| Attn Corporate Trust Administration |
| 101 Barclay St Fl 8W |
|
|
| New York |
| NY |
| 10286 |
Travelers |
| Attn Chantel Pinnock |
| 1 Tower Sq 5MN |
| National Accounts |
| Hartford |
| CT |
| 06183-4044 |
United States Attorneys Office |
| Civil Process Clerk |
| 300 N Los Angeles St |
| Federal Building |
| Los Angeles |
| CA |
| 90012 |
US Bankruptcy Court |
| Hon. Meredith A. Jury |
| 3420 Twelfth St. |
| Rm 7516 |
| Riverside |
| CA |
| 92501-3819 |
In re: FLEETWOOD ENTERPRISES, INC. | CHAPTER: 11 |
|
|
| CASE NUMBER: 09-14254-MJ |
|
|
Debtor(s). |
|
III.
Service via Email
Company |
| Contact |
| |
AIP RV Acquisition Company LLC |
| Paul Bammater |
| paul@aip4.com |
Ballard Spahr Andrews & Ingersoll LLP |
| Robert McL Boote |
| boote@ballardspahr.com |
Bank of America NA |
| Attn Todd R Eggertsen |
| todd.r.eggertsen@bankofamerica.com |
Cadwalader Wickersham & Taft LLP |
| John J Rapisardi Esq |
| john.rapisardi@cwt.com |
Cadwalader Wickersham & Taft LLP |
| Peter M Friedman Esq |
| peter.friedman@cwt.com |
City of Fort Worth |
| Christopher B Mosley |
| Chris.Mosley@fortworthgov.org |
Comptroller of Public Accounts of Texas |
| Jay W Hurst |
| jay.hurst@oag.state.tx.us |
Deutsche Bank Trust Company Americas |
| Rodney Gaughan |
| Rodney.Gaughan@db.com |
Deutsche Bank Trust Company Americas |
| Stanley Burg |
| stan.burg@db.com |
Dewey & LeBoeuf LLP |
| Allison Weiss & Peter Ivanick |
| pivanick@dl.com; aweiss@dl.com |
Dewey & LeBoeuf LLP |
| Todd Padnos & Danielle Kennedy |
| tpadnos@dl.com; dkennedy@dl.com |
Dunn Carney Allen Higgins & Tongue LLP |
| Daniel F Vidas |
| dfv@dunn-carney.com |
Emmet Marvin & Martin LLP |
| Attn Bayard S Chapin Esq |
| bchapin@emmetmarvin.com |
Employment Development Dept |
| Bankruptcy Group MIC 92E |
| Don.McKinney@edd.ca.gov |
Fleetwood |
| Leonard J McGill Sr |
| Len.McGill@fleetwood.com |
Hewlett Packard Co |
| Esmeralda Vargas |
| esmere.vargas@hp.com |
IBM Corporation |
| Beverly H Shideler |
| bhshide@us.ibm.com |
Latham & Watkins LLP |
| Andrew Faye Gregory Lunt |
| andrew.faye@lw.com; gregory.lunt@lw.com |
McDermott Will & Emery LLP |
| Nathan F. Coco |
| NCoco@mwe.com |
Nixon Peabody LLP |
| Daniel Sovocool & Gina Fornario |
| dsovocool@nixonpeabody.com; gfornario@nixonpeabody.com |
Nixon Peabody LLP |
| Victor G Milione |
| vmilione@nixonpeabody.com |
Nixon Peabody LLP |
| Bradley C. Vaiana |
| bvaiana@nixonpeabody.com |
Pachulski Stang Ziehl & Jones LLP |
| Hamid Rafatjoo |
| hrafatjoo@pszjlaw.com |
Pachulski Stang Ziehl & Jones LLP |
| Richard Pachulski |
| rpachulski@pszjlaw.com |
Pima County Treasurer |
| Patti Davidson |
| pcaocvbk@pcao.pima.gov |
Quarles & Brady LLP |
| John Collen |
| jcollen@quarles.com |
Reading Bankruptcy & Compliance Unit |
| Timothy A Bortz |
| tbortz@state.pa.us |
Reid & Hellyer, A Professional Corp. |
| Martha A. Warriner |
| mwarriner@rhlaw.com |
Riverside District Attorney |
| Attn Dale Hoy |
| dhoy@rivcoda.org |
The Bank of New York Melon Trust Co |
| Attn J Chris Matthews |
| j.chris.matthews@bnymellon.com |
United States Trustee |
| Attn Frank Cadigan & Elizabeth A Lossing |
| Frank.Cadigan@usdoj.gov; elizabeth.lossing@usdoj.gov |
Weyerhaeuser |
| Rusty Boldin |
| rusty.boldin@weyerhaeuser.com |