DISCLOSURE STATEMENT HEARING DATE: DECEMBER 12, 2001
TIME: 2:00 P.M.
GREENBERG TRAURIG, LLP
Attorneys for Debtors-in-Possession
200 Park Avenue
New York, New York 10166
(212) 801-9200
Richard S. Miller (RM-2428)
UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
- -------------------------------------------x Chapter 11
In re: :
: Lead Case No.
: 00-42719 (CB)
:
JACOM COMPUTER SERVICES, INC., : Case Nox. 00-42719 (CB)
UNICAPITAL CORPORATION, et al., : through 00-42837 (CB) and
-- -- : No. 01-11617
Debtors. :
- -------------------------------------------x (Jointly administered)
NOTICE OF HEARING TO CONSIDER APPROVAL OF DISCLOSURE
STATEMENT AND ESTABLISHMENT OF PROCEDURES AND A
DEADLINE FOR FILING OBJECTIONS THERETO
--------------------------------------
TO ALL KNOWN CREDITORS AND OTHER PARTIES IN INTEREST:
PLEASE TAKE NOTICE that, on November 16, 2001, UniCapital Corporation and
the above-captioned debtors (collectively, the "Debtors"), debtors and
debtors-in-possession, filed with this Court their First Amended Plan of
Reorganization dated November 16, 2001, as it may be further amended or
supplemented (the "Plan"), under chapter 11 of the Bankruptcy Code and a
disclosure statement with respect to the Plan dated November 16, 2001, as it may
be amended or supplemented (the "Disclosure Statement").
PLEASE TAKE FURTHER NOTICE that the hearing to consider approval of the
Disclosure Statement (the "Disclosure Statement Hearing") shall be held before
the Honorable Cornelius Blackshear, United States Bankruptcy Judge, on December
12, 2001, at 2:00 p.m., or as soon thereafter as counsel can be heard, at the
United States Bankruptcy Court, the Alexander Hamilton Custom House, One Bowling
Green, New York, New York 10004-1408, and may be adjourned thereafter from time
to time without further notice.
PLEASE TAKE FURTHER NOTICE that the court entered an order dated November
16, 2001 (the "Order") directing that:
1. December 3, 2001 at 12:00 noon (Eastern Time) be fixed as the last date
for filing written objections or proposed modifications to the Disclosure
Statement. Such written objections or proposed modifications to the Disclosure
Statement must be filed with the court electronically in accordance with General
Order M-182 (which can be found at www.nysb.uscourts.gov) by registered users of
the Bankruptcy Court's case filing system and, by all other parties in interest,
on a 3.5 inch disk, preferably in Portable Document Format (PDF), WordPerfect,
or any other Windows-based word processing format (with a hard copy delivered
directly to Chambers of the Honorable Cornelius Blackshear) and served (a) by
email and conventional means upon (i) Greenberg Traurig, LLP, 200 Park Avenue,
New York, New York 10166 (Attn: Richard S. Miller, Esq. and Howard J. Berman,
Esq.), counsel for the Debtors, email: MillerRS@gtlaw.com and BermanH@gtlaw.com,
(ii) Clifford Chance Rogers & Wells, LLP, 200 Park Avenue, New York, New York
10166 (Attn: Margot Schonholtz, Esq. and Stephen Quine, Esq.), counsel for Bank
of America, N.A., as Agent for the Lenders, email:
margot.schonholtz@cliffordchance.com and stephen.quine@cliffordchance.com, and
(iii) Togut, Segal & Segal LLP, One Penn Plaza, Suite 3335, New York, New York
10119 (Attn: Albert Togut, Esq. and Neil Berger, Esq.), counsel for the Official
Committee of Unsecured Creditors, email: altogut@teamtogut.com and
neilberger@teamtogut.com, and (b) upon the Office of the United States Trustee,
33 Whitehall Street, 21st Floor, New York, New York 10004 (Attn: Paul K.
Schwartzberg, Esq.), so that all such objections are actually received on or
before 12:00 noon (Eastern Time), on December 3, 2001.
2. In order to be considered, an objection or proposed modification to the
Disclosure Statement must be timely filed and served and set forth in writing:
a. The specific section or page number of the Disclosure
Statement to which the objection or proposed modification
refers;
b. If a deletion is sought, identify the specific language
proposed to be deleted;
c. Contain a draft of the precise language that the objector
proposes be added or substituted; and
d. State the reasons and statutory or other authority therefor.
3. Objections which do not comply with the foregoing, or which are not
timely filed and served, may not be considered and may be overruled.
PLEASE TAKE FURTHER NOTICE that at the Disclosure Statement Hearing, the
court also will consider granting the relief which will be sought by the Debtors
in a Solicitation Procedures Motion (which will be filed prior to the Disclosure
Statement Hearing) and entering a proposed order (the "Solicitation Procedures
Order"), among other things, governing certain procedures with respect to
confirmation of the Plan, establishing January 9, 2002 as the date of the
hearing on confirmation of the Plan, establishing December 10, 2001, as the
record date with respect to the solicitation of votes, fixing January 4, 2002,
as the deadline for submitting ballots on the Plan and the discovery cut-off
date with respect to objections to confirmation of the Plan, approving the form
of ballot(s), and approving the Disclosure Statement as containing "adequate
information," pursuant to 11 U.S.C. ss. 1125(b) and Bankruptcy Rule 3017(b).
PLEASE TAKE FURTHER NOTICE that any party in interest wishing to obtain
copies of the Disclosure Statement, the Plan, the Order, the Solicitation
Procedures Motion (after it is filed) or the Solicitation Procedures Order
(after it is entered) may make a request to receive such copies by writing
Greenberg Traurig, LLP, 200 Park Avenue, New York, New York 10166 (Attn: Richard
S. Miller, Esq.). Inquiries regarding the Disclosure Statement, the Plan, the
Order, the Solicitation Procedures Motion and the Solicitation Procedures Order
may also be made to Greenberg Traurig either (i) in writing, to Greenberg
Traurig, LLP at the above address, Attn: Richard S. Miller, Esq., or (ii) by
phone, to Greenberg Traurig, (212) 801-9200, Attn: Laurie Harrigan. Any such
written or telephone inquiries must specify the name of the party represented
and the nature of the inquiry.
PLEASE TAKE FURTHER NOTICE that the Disclosure Statement Hearing may be
adjourned from time to time without prior notice to creditors or other parties
in interest other than by the announcement of the adjourned date in open court
on the date of the Disclosure Statement Hearing.
Dated: New York, New York
November 16, 2001
BY ORDER OF THE BANKRUPTCY COURT
Hon. Cornelius Blackshear
UNITED STATES BANKRUPTCY JUDGE
GREENBERG TRAURIG, LLP TOGUT, SEGAL & SEGAL LLP
Attorneys for Debtors-in-Possession Counsel for the Official Committee
200 Park Avenue of Unsecured Creditors
New York, New York 10166 One Penn Plaza, Suite 3335
(212) 801-9200 New York, New York 10119
Attn: Richard S. Miller, Esq. (212) 594-5000
Howard J. Berman, Esq. Attn: Albert Togut, Esq.
Robert Honeywell, Esq. Neil Berger, Esq.