Exhibit 99.10
EXHIBIT 6
Liquidation Analysos
-- Asset distribution --
(4000's)
TOTAL ASSETS AVAILABLE FOR DISTRIBUTION $ 174,518
(1) Chapter 7 Administration Expenses 5,736
Chapter 11 Administration Expenses
(2) United States Trustee Fees 120
(3) Professional Fees 363
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NET DISTRIBUTABLE ASSETS $ 168,299
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LESS AMOUNTS PAYABLE WITH RESPECT TO SECURED CLAIMS
(4) Class Two - Lehman Secured Claims 700
(4) Class Three - Other Secured Claims 128,693
(5) Class One - Revolving Lender Secured Claims 38,906
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NET DISTRIBUTABLE ASSETS AFTER SECURED CLAIMS $ 0
RECOVERY
PERCENTAGE
UNDER
REORGANIZATION
PLAN
-------------
Administrative Claims 0 100%
Priority Tax Claims 0 100%
Class Four - Priority Non-Tax Claims 0 100%
Class Five - General Unsecured Claims 0 10%
Class Six - Subordinated Claims 0 0%
Class Seven - Penalty Claims 0 0%
Class Eight - UniCapital Equity Interests 0 0%
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ASSETS AVAILABLE FOR ADMINISTRATIVE, PRIORITY $ 0
AND UNSECURED CLOIMS
NOTES:
(1) Assumes Chapter 7 Trustee fee of 3% of Total Assets Available for
Distribution plus legal and accounting fees of $500k.
(2) Estimated based on total disbursements of the Debtors through June 30,
2002. US Trustee fees are a carve-out pursuant to the Cash Collateral
Orders.
(3) Total estimated professional expenses incurred prior to 12/31/01 of $2.1mm
are assumed to be paid by (i) $1.7mm in retainers held by professionals,
pursuant to Court authorization, plus (ii) $363k from the $750k carve-out
pursuant to the Cash Collateral Orders.
(4) Estimated loan balances as of 12/31/01.
(5) Revolving Lender Secured Claim projected to be $253.5mm at 12/31/2001.