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 MAY 1, 2001 TO MAY 31, 2001
Attached is the Debtors' consolidated schedule of cash receipts and
disbursements for the month of May 2001.
Dated: New York, New York
August 3, 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
May 1 to 31, 2001
Beginning Cash Balance 1,000,000
Inflows:
Lease Stream Inflows 2,042,080
PFSC Servicing Fee (291,615)
Big Ticket Lease Payments 1,139,704
Big Ticket Asset Sales 727,500
Other 505,744
-----------
Total 4,123,413
Outflows:
Personnel Costs 874,494
Professional Fees 1,034,904
Operating Costs:
Travel, Lodging, & Meals 47,169
Occupancy 212,201
Other 297,124
-----------
Total 2,465,892
Cash Sweep to Bank of America 1,623,070
DIP Advances --
-----------
Total 4,088,962
-----------
Ending Cash Balance $ 1,034,451
===========
UniCapital Corporation
Lead Case, Jacom Computer Services, Inc
Case Number 00-42719 (CB)
Cash Receipts and Disbursements
May 1 to 31, 2001
- ---------------------------------------------------------------
May
Beginning Cash Balance
1,000,000
Receipts 4,123,413
Less: Related Disbursements --
---------
Total Net Receipts 4,123,413
Checks 882,573
Wires 3,332,259
---------
Total 4,214,832
Less: Related Receipts (125,871)
--------
Total Net Disbursements 4,088,961
Ending Cash Balance 1,034,451
- ---------------------------------------------------------------
MAY RECEIPTS
- ------------
Receipt Date Amount Description
------------ ------ -----------
5/1/2001 153,411 Receipt from Evergreen
5/2/2001 38,944 Interest on $10 MM Escrow
5/2/2001 20,000 Sale of parts (vs. scrapping for $25 K cost) from 87 Glover
5/2/2001 24 Miscellaneous Refunds
5/2/2001 87,254 State Income Tax Refunds
5/2/2001 3,996 State Income Tax Refunds
5/4/2001 470,550 Receipt from Air Atlanta Icelandic
5/14/2001 400,000 Deposit from Tradewinds for sale of 455796
5/15/2001 1,422,677 Net monthly Settlement
5/15/2001 4,546 Close Jacom account 0101159528 at Summit Bank
5/15/2001 4,288 Miscellaneous deposits
5/15/2001 33 Miscellaneous deposits
5/16/2001 327,788 Net monthly Settlement
5/18/2001 1,881 Interest from Chase account 507-887808
5/18/2001 327,500 Final payment from Tradewinds for sale of 455796
5/22/2001 10,000 Sale of equipment to Hartford Aviation
5/22/2001 800 Sale of equipment to Hartford Aviation
5/22/2001 2,942 Refund from SBC Communications
5/22/2001 1,006 Miscellaneous deposits
5/29/2001 245,516 Proceeds from Key Global
5/29/2001 83,158 Proceeds from Key Global
5/29/2001 490,762 Receipt from Air Atlanta Icelandic
5/29/2001 24,982 Receipt from Air Atlanta Icelandic
5/31/2001 646 State Income Tax Refunds
5/31/2001 710 Keystone: Danielson rent
---------
4,123,413
May Related Disbursements
- -------------------------
Receipt Date Amount Description
------------ ------ -----------
None -
UniCapital Corporation
Lead Case, Jacom Computer Services, Inc
Case Number 00-42719 (CB)
Cash Receipts and Disbursements
May 1 to 31, 2001
MAY CHECKS
- ----------
Check Date Check Number Amount Recipient
---------- ------------ ------ ---------
5/1/2001 20634 3,263 ADVANCED CAPITAL RESOURCES (period 2)
5/1/2001 20635 645 ARENCIBIA LAZARO (temp help) (period 2)
5/1/2001 20636 1,545 IVERSON DIANE ($1,350 temp, $194.86 T&E - period 2)
5/1/2001 20637 12,522 MINK ALBERT (period 2)
5/1/2001 20638 5,749 MINK ALBERT (period 1)
5/2/2001 20639 - Voided
5/2/2001 20640 4,972 BRIDDELL TALBOT (period 2)
5/2/2001 20641 900 LUACES LISETTE paid taxes (period 2)
5/2/2001 20642 20 STATE OF UTAH (taxes) (period 2)
5/3/2001 20643 1,483 BDO STOY (fee on Jacom recovery) (period 2)
5/3/2001 20644 600 COLOMER ANITA HQ cleaning) (period 2)
5/3/2001 20645 136,276 CONNECTICUT GENERAL LIFE (see comment)
5/3/2001 20646 64 CULLIGAN WATER (period 2)
5/3/2001 20647 787 DISKETTES UNLIMITED (period 2)
5/3/2001 20648 93 FEDERAL EXPRESS (period 1)
5/3/2001 20649 2,500 FLAA MICKAEL (period 2)
5/3/2001 20650 978 GRAEBEL (Boulder storage) (period 2)
5/3/2001 20651 897 MCI WORLDCOM (period 1)
5/3/2001 20652 107 MUNRO SHARLENE (period 2)
5/3/2001 20653 801 PUBLIC SERVICE (Boulder utilities) (period 1)
5/3/2001 20654 500 RIVERA MIRTHA (HQ cleaning) (period 2)
5/3/2001 20655 2,500 SCOPE, JOE (period 2)
5/3/2001 20656 287 UNITED PARCEL SERVICE (period 1)
5/3/2001 20657 282 VERIZON (period 1)
5/3/2001 20658 1,575 VERIZON (period 2)
5/3/2001 20659 2,000 Dennys Facon (period 2)
5/3/2001 20660 584 AIRBORNE EXPRESS (period 2)
5/3/2001 20661 3,820 BELLSOUTH (HQ period 2)
5/3/2001 20662 884 CHAIT DANIEL (period 2)
5/3/2001 20663 796 DISKETTES UNLIMITED (period 2)
5/3/2001 20664 232 FEDERAL EXPRESS (period 2)
5/3/2001 20665 251 PARK AVENUE (HQ) (period 2)
5/3/2001 20666 259 XEROX CORP (period 2)
5/3/2001 20667 - OPTIMUM TECHINICAL STAFFING (period 1) (voided)
5/4/2001 20668 51,655 DONLIN RECANO (period 1)
5/4/2001 20669 73 FEDERAL EXPRESS (period 1)
5/4/2001 20670 600 QUESTAR GAS (period 1)
5/4/2001 20671 4,429 U & A CONSTRUCTION (Jacom April utilities)
5/7/2001 20672 1,775 DIANA J. BERRY (Jacom incentive #2) (period 2)
5/7/2001 20673 2,564 MCANDREW KATHY (Jacom incentive #2) (period 2)
5/7/2001 20674 8,335 STAUB IRWIN (Jacom incentive #2) (period 2)
5/7/2001 20675 8,938 WALTER STRANZL (Jacom incentive #2) (period 2)
5/7/2001 20676 5,027 OPTIMUM TECHINICAL STAFFING (period 1) (reissued 20667)
5/10/2001 20677 704 AIRBORNE EXPRESS (period 2)
5/10/2001 20678 87 AT&T (period 1)
UniCapital Corporation
Lead Case, Jacom Computer Services, Inc
Case Number 00-42719 (CB)
Cash Receipts and Disbursements
May 1 to 31, 2001
Check Date Check Number Amount Recipient
---------- ------------ ------ ---------
5/10/2001 20679 110 AT&T WIRELESS (period 2)
5/10/2001 20680 70 AUGER ROGER K (period 2)
5/10/2001 20681 749 AUTOMATIC DATA PROCESSING (period 2)
5/10/2001 20682 99 BROWNING-FERIS (Danielson) (period 2)
5/10/2001 20683 500 COLOMER ANITA (HQ cleaning) (period 2)
5/10/2001 20684 671 COMRES (HQ phone work) (period 2)
5/10/2001 20685 1,044 CORT FURNITURE RENTAL (June)
5/10/2001 20686 70 DENNYS FALCON (period 2)
5/10/2001 20687 52 DESEO RUDY (office supplies) (period 2)
5/10/2001 20688 4,363 EVERGREEN AIR CENTER (period 2)
5/10/2001 20689 222 FEDERAL EXPRESS (period 2)
5/10/2001 20690 352 GUARANTEE RECORDS (April)
5/10/2001 20691 2,150 ISLAND CONSTRUCTION (fire alarm system) (period 2)
5/10/2001 20692 150 IVERSON DIANE (temp) (period 1)
5/10/2001 20693 1,125 IVERSON DIANE (temp) (period 2)
5/10/2001 20694 2,888 MAURICE DAVIS (tax professional) (April)
5/10/2001 20695 943 MIELE SANITATION (Jacom) (period 1)
5/10/2001 20696 1,108 NORTHEAST UTILITIES (UAEG) (period 2)
5/10/2001 20697 138 PARK AVENUE (HQ) (period 2)
5/10/2001 20698 600 RIVERA MIRTHA (HQ cleaning) (period 2)
5/10/2001 20699 46 SNET (UAEG) (period 2)
5/10/2001 20700 - SPRINT (voided)
5/10/2001 20701 - MATRIX GROUP (voided)
5/10/2001 20702 81,169 PwC: March
5/10/2001 20703 225 SHEAHAN ANNA M (period 2)
5/10/2001 20704 132,185 TOGUT,SEGAL & SEGAL (February)
5/10/2001 20705 69,874 TOGUT,SEGAL & SEGAL (March)
5/10/2001 20706 6,557 MATRIX GROUP (final payment for BSB office) (period 1)
5/14/2001 20707 7,771 TOGUT,SEGAL & SEGAL (Feb $2,801.86 & March $4,969.13 fees)
5/15/2001 20708 1,021 AUTOMATIC DATA PROCESSING (period 2)
5/15/2001 20709 2,238 BRIDDELL TALBOT (period 2)
5/15/2001 20710 1,435 BUCK STURMER (March)
5/15/2001 20711 118 CAMPBELL JODY (period 2)
5/15/2001 20712 2,914 COLISTRA VINCE (period 2)
5/15/2001 20713 2,364 DICKSON FINANCE (period 2)
5/15/2001 20714 336 KANTOUTH COLETTE (period 2)
5/15/2001 20715 4,804 MINK ALBERT (period 2)
5/15/2001 20716 365 VORRATH DAVID (period 2)
5/15/2001 20717 43,872 CANNONWILL (May)
5/17/2001 20718 1,950 ADVANCED CAPITAL (period 2)
5/17/2001 20719 600 COLOMER ANITA (HQ cleaning) (period 2)
5/17/2001 20720 75 CONNECTICUT SECRETARY OF STATE (period 2)
5/17/2001 20721 46 CRYSTAL ROCK (period 2)
5/17/2001 20722 136 FEDERAL EXPRESS (period 2)
5/17/2001 20723 300 IVERSON DIANE (temp) (period 2)
5/17/2001 20724 220 LUACES LISETTE (period 2)
5/17/2001 20725 869 NORTHEAST UTILITIES (period 2)
5/17/2001 20726 500 RIVERA MIRTHA (HQ cleaning) (period 2)
5/17/2001 20727 60 WASTE MANAGEMENT OF CONN (period 2)
5/17/2001 20728 527 AIRBORNE EXPRESS (period 2)
5/17/2001 20729 99 FEDERAL EXPRESS (period 2)
5/17/2001 20730 1,748 KANTOUTH COLETTE (temp) period 2)
5/17/2001 20731 462 THE PACKAGING STORE (period 2)
UniCapital Corporation
Lead Case, Jacom Computer Services, Inc
Case Number 00-42719 (CB)
Cash Receipts and Disbursements
May 1 to 31, 2001
Check Date Check Number Amount Recipient
---------- ------------ ------ ---------
5/21/2001 20732 3,702 BELLSOUTH (HQ) (period 2)
5/23/2001 20733 114,680 MORGAN LEWIS (50 % Dec - Feb)
5/23/2001 20510 (184,016) VOIDED MORGAN LEWIS CHECK CUT IN MARCH
5/24/2001 20734 413 ADOPT A PLANT (Final payment) (period 2)
5/24/2001 20735 1,266 ADVANCED CAPITAL (period 2)
5/24/2001 20736 664 AIRBORNE EXPRESS (period 2)
5/24/2001 20737 403 AUGER ROGER (Danielson) (period 2)
5/24/2001 20738 2,456 CEDENO JANICE (temp) (period 2)
5/24/2001 20739 118 CERIDIAN BENEFITS (period 2)
5/24/2001 20740 784 CHAIT DANIEL (period 2)
5/24/2001 20741 600 COLOMER ANITA (HQ cleaning) (period 2)
5/24/2001 20742 85 COMMONWEALTH OF MASS (period 2)
5/24/2001 20743 550 CONNECTICUT GENERAL LIFE (period 2)
5/24/2001 20744 58 CULLIGAN (period 2)
5/24/2001 20745 220 D ACHILLE CECILIA (period 2)
5/24/2001 20746 791 DAUGHERTY FOWLER (April)
5/24/2001 20747 60,000 DELAWARE (2nd Charter payment) (period 2)
5/24/2001 20748 1,224 DICKSON FINANCE (period 2)
5/24/2001 20749 164 FEDERAL EXPRESS (period 2)
5/24/2001 20750 7,792 FELTMAN KARESH (April)
5/24/2001 20751 978 GRAEBEL (Boulder storage) (April)
5/24/2001 20752 655 IRON MOUNTAIN (ACR final payment) (period 2)
5/24/2001 20753 2,206 IVERSON DIANE (termp $2,175 & $30.84 supplies) (period 2)
5/24/2001 20754 41,441 MORGAN LEWIS (50 % March)
5/24/2001 20755 44 NORTHEAST UTILITIES (period 2)
5/24/2001 20756 388 PARK AVENUE (period 2)
5/24/2001 20757 - POLICASTRO DENNIS (period 2) (voided)
5/24/2001 20758 500 RIVERA MIRTHA (HQ cleaning) (period 2)
5/24/2001 20759 167 SAVEWAY (Danielson) (period 2)
5/24/2001 20760 85 SECRETARY OF STATE (period 2)
5/24/2001 20761 85 SECRETARY OF STATE (period 2)
5/24/2001 20762 85 SECRETARY OF STATE (period 2)
5/24/2001 20763 5,000 THE LAKE GROUP (May)
5/24/2001 20764 29,359 U & A CONSTRUCTION (Jacom rent) (June)
5/24/2001 20765 141 WALTER STRANZL (period 2)
5/24/2001 20766 468 WORLDWIDE (HLC storage) (May)
5/25/2001 20767 1,061 AKERMAN (April)
5/25/2001 20768 9,023 DENNYS FALCON (final payroll)
5/25/2001 20769 629 UNUM (June)
5/25/2001 20770 1,098 DENNIS POLICASTRO - reissued 20757 (period 2)
5/31/2001 20771 170 A STORAGE INN (period 2)
5/31/2001 20772 2,025 ADVANCED CAPITAL (period 2)
5/31/2001 20773 66 AUTOMATIC DATA PROCESSING (period 2)
5/31/2001 20774 45,957 BAYSHORE OPERATING (HQ rent) (June) (voided in June)
5/31/2001 20775 2,752 BRIDDELL TALBOT (period 2)
5/31/2001 20776 87 BURG PETE (supplies) (period 2)
5/31/2001 20777 220 CAMPBELL JODY (supplies) (period 2)
5/31/2001 20778 2,025 COLISTRA VINCE (period 2)
5/31/2001 20779 600 COLOMER ANITA (HQ cleaning) (period 2)
5/31/2001 20780 100 DELAWARE SEC. OF STATE (period 2)
5/31/2001 20781 100 DELAWARE SEC. OF STATE (period 2)
5/31/2001 20782 386 DELAWARE SEC. OF STATE (period 2)
5/31/2001 20783 100 DELAWARE SEC. OF STATE (period 2)
5/31/2001 20784 100 DELAWARE SEC. OF STATE (period 2)
5/31/2001 20785 329 FORD MOTOR CREDIT COMPANY (period 2)
5/31/2001 20786 4,320 IVERSON DIANE ($3,450 temp, $870.31 T&E)
5/31/2001 20787 391 KIPNIS TESCHER (April)
UniCapital Corporation
Lead Case, Jacom Computer Services, Inc
Case Number 00-42719 (CB)
Cash Receipts and Disbursements
May 1 to 31, 2001
Check Date Check Number Amount Recipient
---------- ------------ ------ ---------
5/31/2001 20788 3,547 MINK ALBERT (period 2)
5/31/2001 20789 500 RIVERA MIRTHA (HQ cleaning) (period 2)
5/31/2001 20790 15 STATE OF MICHIGAN (period 2)
5/31/2001 20791 775 BUCK STURMER (April)
5/31/2001 20792 57,693 CONNECTICUT GENERAL LIFE (May)
5/31/2001 20793 305 NADLER HAL (period 2)
- -- ---- ----- -------
882,573
MAY WIRES
- ---------
Wire Date Amount Description
--------- ------ -----------
5/1/2001 90,960 Clifford Chance: April
5/10/2001 12,840 Dewey Ballantine: March
5/11/2001 298,617 Payroll
5/16/2001 65,090 PFSC: March and prior
5/16/2001 115 401 (K) - 4/15 payroll
5/22/2001 334,152 Greenberg: Feb - March
5/22/2001 10,958 Erroneous B of A Acount Analysis Charge
5/29/2001 450,242 Payroll (including $97,074 severance & Jacom incentives )
5/29/2001 109,615 PFSC: April
5/29/2001 22,885 Rent 79 Glover: June
5/29/2001 77,722 Clifford Chance: May
5/31/2001 235,993 Andersen: 3/16 to 4/30
5/31/2001 1,623,070 B of A Segregated Cash Collateral 3751745941
----------
3,332,259
MAY RELATED RECEIPTS
- --------------------
Wire Date Amount Description
--------- ------ -----------
5/22/2001 92,775 Jacom Incentive payment from Conduit
5/31/2001 33,096 COBRASERV: March
----------
125,871