EX 99.1
GREENBERG TRAURIG, LLP
Attorneys for Debtors and
Debtors-in-Possession
Richard S. Miller (RM-2428)
David Neier (DN-5391)
200 Park Avenue
New York, NY 10166
212-801-9200
UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
- --------------------------------------x
In re: : Chapter 11
:
JACOM COMPUTER SERVICES, INC., :
UNICAPITAL CORPORATION, et al, :
:
:
Debtors. :
: Case No. 00-42719 (CB)
:
: Jointly Administered
:
- --------------------------------------x
SCHEDULE OF CASH RECEIPTS AND
DISBURSEMENTS FOR THE PERIOD
OF JULY 1, 2001 TO JULY 31, 2001
Attached is the Debtors' consolidated schedule of cash receipts
and disbursements for the month of July 2001.
Dated: New York, New York
August 14, 2001
GREENBERG TRAURIG LLP
By:/s/Richard S. Miller
---------------------------------
Richard S. Miller (RM-2428)
David Neier (DN-5391)
Attorneys for Debtors and
Debtors-in-Possession
200 Park Avenue
New York, NY 10166
(212) 801-9200
UNICAPITAL CORPORATION
LEAD CASE, JACOM COMPUTER SERVICES, INC
CASE NUMBER 00-42719 (CB)
REPORT OF CASH RECEIPTS AND DISBURSEMENTS
JULY 1 TO 31, 2001
Beginning Cash Balance 1,000,000
Inflows:
Lease Stream Inflows 3,588,797
PFSC Servicing Fee (46,320)
Big Ticket Lease Payments 711,592
Big Ticket Asset Sales 1,806,000
Other 185,076
----------------
Total 6,245,145
Outflows:
Personnel Costs 328,705
Professional Fees 888,277
Operating Costs:
Travel, Lodging, & Meals 8,938
Occupancy 434,328
Other 58,037
----------------
Total 1,718,285
Cash Sweep to Bank of America 4,526,860
DIP Advances --
----------------
Total 6,245,145
----------------
Ending Cash Balance $ 1,000,000
================
UNICAPITAL CORPORATION
LEAD CASE, JACOM COMPUTER SERVICES, INC
CASE NUMBER 00-42719 (CB)
CASH RECEIPTS AND DISBURSEMENTS
JULY 1 TO 31, 2001
- -----------------------------------------------------------
July
Beginning Cash Balance 1,000,000
Receipts 6,252,552
Less: Related Disbursements (7,407)
---------
Total Net Receipts 6,245,145
Checks 624,980
Wires 5,620,166
---------
Total 6,245,145
Less: Related Receipts -
---------
Total Net Disbursements 6,245,145
Ending Cash Balance 1,000,000
- -----------------------------------------------------------
JULY RECEIPTS
Receipt Date Amount Description
7/3/2001 31,617 Interest on $10 MM Escrow
7/11/2001 15,458 Commissions from Irwin Business Trust
7/11/2001 45,515 CIT: ACR
7/11/2001 77 Miscellaneous Deposits
7/11/2001 22,065 PP&E Sales
7/11/2001 711,592 Receipt from Air Atlanta Icelandic
7/13/2001 184,776 Net Monthly Settlement
7/13/2001 6,547 Net Monthly Settlement
7/16/2001 3,312,990 Net Monthly Settlement
7/16/2001 38,164 Net Monthly Settlement
7/16/2001 69,910 PP&E Sales
7/16/2001 60,000 Sale of APU's to Airline Support
7/16/2001 1,750,000 Sale of Engine 717760 to Pratt & Whitney
7/20/2001 2,800 PP&E Sales (reduced PFSC June bill)
7/20/2001 1,043 Miscellaneous Deposits
---------
6,252,552
JULY RELATED DISBURSEMENTS
Receipt Date Amount Description
7/13/2001 500 AL MONTI, INC (engine 662792)
7/20/2001 1,000 WALDEN ASSET (period 3)
7/27/2001 3,500 AL MONTI, INC (move 7 engines)
7/27/2001 2,407 WILLIAM M. HARRIS (commission)
------
7,407
JULY CHECKS
Check Date Check Number Amount Recipient
6/22/2001 20881 (4,664) COMPUTERS 4SURE (IT tapes) (stop paid on 7/30)
7/6/2001 20925 1,108 AIRBORNE EXPRESS (period 2)
7/6/2001 20926 136,888 AON RISK SERVICES (period 3)
7/6/2001 20927 110 AT&T WIRELESS (period 2)
7/6/2001 20928 394 AUGER ROGER (Danielson) (period 2)
7/6/2001 20929 577 AUTOMATIC DATA PROCESSING (period 2)
7/6/2001 20930 3,565 BELLSOUTH (HQ) (period 2)
7/6/2001 20931 1,467 BRANCH AUBREY (temp) (period 2)
7/6/2001 20932 3,255 BRIDDELL TALBOT (period 2)
7/6/2001 20933 4,000 BURG PETE (period 3)
7/6/2001 20934 72 CULLIGAN (period 2)
7/6/2001 20935 308 DE JESUS MECLIN (temp-HQ move) (period 3)
7/6/2001 20936 135 DE JESUS RICARDO (temp-HQ move) (period 3)
7/6/2001 20937 654 DEPARTMENT OF CORPORATIONS (period 2)
7/6/2001 20938 157 DESEO RUDY (supplies) (period 2)
7/6/2001 20939 16,941 DONLIN RECANO & COMPANY (period 2)
7/6/2001 20940 53 FEDERAL EXPRESS (period 2)
7/6/2001 20941 2,289 GUARANTEE RECORDS (HQ) (June)
7/6/2001 20942 1,050 IVERSON DIANE (temp) (period 2)
7/6/2001 20943 9,075 MAURICE DAVIS (May)
7/6/2001 20944 2,367 NADLER HAL ($2,325 temp-HQ move & $42.38 supplies) (period 3)
7/6/2001 20945 2,400 POLICASTRO DENNIS (period 3)
7/6/2001 20946 2,300 SWANN MEGAN (tax adjustment.) (period 2)
7/6/2001 20947 450 WILSON JOAN (temp) (period 3)
7/6/2001 20948 468 WORLDWIDE MOVING (HLC storage) (July)
7/6/2001 20949 416 CEDENO JANICE (temp) (period 2)
7/6/2001 20950 600 COLOMER ANITA (HQ cleaning) (period 3)
7/6/2001 20951 500 RIVERA MIRTHA (HQ cleaning) (period 3)
7/9/2001 20952 43,872 CANANWILL INC (July)
7/9/2001 20953 4,525 ADVANCED CAPITAL (period 3)
7/12/2001 20954 28,165 BAYSHORE OPERATING (HQ rent) (July 1 - 19)
7/13/2001 20955 716 AIRBORNE EXPRESS (period 2)
7/13/2001 20957 990 ARENCIBIA LAZARO ($630 period 2)
7/13/2001 20958 177 AUTOMATIC DATA PROCESSING (period 3)
7/13/2001 20959 5,500 BELLSOUTH (new HQ deposit) (period 3)
7/13/2001 20960 215 BELLSOUTH (period 2)
7/13/2001 20961 99 BROWNING-FERIS (period 3)
7/13/2001 20962 1,800 BURG PETE (period 3)
7/13/2001 20963 500 CASH (supplies) (period 3)
7/13/2001 20964 1,551 CHAIT DANIEL (period 3)
7/13/2001 20965 600 COLOMER ANITA (HQ cleaning) (period 3)
7/13/2001 20966 671 COMRES (period 3)
7/13/2001 20967 490 CORT FURNITURE RENTAL (July)
7/13/2001 20968 251 DE JESUS MECLIN (temp-HQ move) (period 3)
Check Date Check Number Amount Recipient
7/13/2001 20969 308 DE JESUS RICARDO (temp-HQ move) (period 3)
7/13/2001 20970 602 DEPARTMENT OF CORPORATIONS (period 2)
7/13/2001 20971 15 FEDERAL EXPRESS (period 2)
7/13/2001 20972 974 GRAEBEL COMPANIES (June)
7/13/2001 20973 14 HERBERZ HEINZ (period 2)
7/13/2001 20974 3,825 IVERSON DIANE L (period 3)
7/13/2001 20975 8,325 MAURICE DAVIS (June)
7/13/2001 20976 1,595 MINK ALBERT (period 3)
7/13/2001 20977 3,283 NADLER HAL (temp-HQ move) ($282.91 software) (period 3)
7/13/2001 20978 69 PARK AVENUE (period 3)
7/13/2001 20979 1,200 PAULA REICHLE (IT support) (period 2)
7/13/2001 20980 4,200 POLICASTRO DENNIS (engine records) (period 3)
7/13/2001 20981 500 RIVERA MIRTHA (HQ cleaning) (period 3)
7/13/2001 20982 46 SNET (period 3)
7/13/2001 20983 525 SPITZER DEBBIE (period 3)
7/13/2001 20984 1,720 STAUB IRWIN (period 3)
7/13/2001 20985 105 US OFFICE SOLUTIONS (period 2)
7/13/2001 20986 1,540 V I P MOVING (HQ move) (period 3)
7/13/2001 20987 735 VORRATH DAVID (period 3)
7/13/2001 20988 27,083 U & A CONSTRUCTION (July)
7/20/2001 20989 55 CRYSTAL ROCK WATER (period 2)
7/20/2001 20990 1,296 BRANCH AUBREY (temp) (period 3)
7/20/2001 20991 797 BRIDDELL TALBOT ($25 period 3)
7/20/2001 20992 1,500 BURG PETE (period 3)
7/20/2001 20993 390 CASH (HQ move) (period 3)
7/20/2001 20994 600 COLOMER ANITA (HQ cleaning) (period 3)
7/20/2001 20995 600 COLOMER ANITA (HQ cleaning) (period 3)
7/20/2001 20996 39 CULLIGAN (period 3)
7/20/2001 20997 645 DE JESUS MECLIN (HQ move) (period 3)
7/20/2001 20998 870 DE JESUS RICARDO (HQ move) (period 3)
7/20/2001 20999 2,350 DESEO RUDY (temp) (period 3)
7/20/2001 21000 405 MIHALIC DANIEL (HQ move) (period 3)
7/20/2001 21001 4,064 NADLER HAL ($4,027.50 HQ move, $36.03 supplies) (period 3)
7/20/2001 21002 4,297 POLICASTRO DENNIS ($2,625 engine records, $1,671.82 engine move)
7/20/2001 21003 500 RIVERA MIRTHA (HQ cleaning) (period 3)
7/20/2001 21004 500 RIVERA MIRTHA (HQ cleaning) (period 3)
7/20/2001 21005 1,460 SMITH BARNEY CORPORATE TRUST (period 2)
7/20/2001 21007 7,626 WILLIS LIMITED (Big-Ticket insurance) (period 3)
7/23/2001 21008 39,750 US Trustee (period 3)
7/27/2001 21009 1,062 AIRBORNE EXPRESS (period 3)
7/27/2001 21011 424 CAPITAL CLEANING (Jacom) (June)
7/27/2001 21012 1,005 COLISTRA VINCE (period 2)
7/27/2001 21013 2,100 NADLER HAL (HQ move) (period 3)
7/27/2001 21014 3,000 POLICASTRO DENNIS (period 3)
7/27/2001 21015 90 SECRETARY OF STATE (period 3)
7/27/2001 21016 5,266 THE LAKE GROUP ($5,000 July & $265.80 Zurich - June)
7/27/2001 21017 190 UNUM (July)
7/27/2001 21018 163 VERIZON (period 2)
7/27/2001 21019 521 VERIZON (period 2)
7/27/2001 21020 1,528 VERIZON (period 3)
7/27/2001 21021 3,103 VERIZON (period 2)
7/27/2001 21023 28,021 CONNECTICUT GENERAL LIFE (July COBRA)
Check Date Check Number Amount Recipient
7/31/2001 21024 1,909 DICKSON FINANCE (period 2)
7/31/2001 21025 38 FEDERAL EXPRESS (period 3)
7/31/2001 21026 4,767 IVERSON DIANE L ($2,325.00 period 2)
7/31/2001 21027 245 SPITZER DEBBIE (period 3)
7/31/2001 21028 120 WASTE MANAGEMENT OF CONNECTICUT (period 2)
7/31/2001 21029 136,655 PRICEWATERHOUSE COOPERS (May)
7/31/2001 21030 33,309 TOGUT,SEGAL & SEGAL (May)
-------
624,980
JULY WIRES
Wire Date Amount Description
7/2/2001 10,893 Air Industries (engine move to Evergreen)
7/2/2001 5,775 Southern Pride (engine move to Evergreen)
7/6/2001 15,049 Rent 79 Glover: July 1 - 19
7/6/2001 33 Funding Adjustment from 6/29
7/11/2001 154,509 Andersen: May 1 - June 15
7/11/2001 124,199 Clifford Chance: June
7/11/2001 130,000 Payroll
7/12/2001 7,137 Payroll
7/20/2001 74,517 PFSC: June
7/20/2001 2,985 Air Industries (engine 455796 move to Evergreen)
7/23/2001 79,423 Andersen: June 16 - July 17
7/27/2001 133,795 Payroll
7/27/2001 17,210 Magellen: Engine Management (7 engines and clear out 79 Glover)
7/31/2001 225,000 Greenberg: May
7/31/2001 85,585 Clifford Chance:
7/31/2001 27,197 July
7/31/2001 4,526,860 B of A Segregated Cash Collateral 3751745941
----------
5,620,166
JULY RELATED RECEIPTS
Wire Date Amount Description