IN THE UNITED STATES BANKRUPTCY COURT
FOR THE DISTRICT OF DELAWARE
-----------------------------------------------
In re: ) Chapter 11
)
AXISTEL COMMUNICATIONS, INC., ) Case No. 01- 10005 (RJN)
NOVO NETWORKS GLOBAL SERVICES, INC., )
NOVO NETWORKS INTERNATIONAL SERVICES, INC., ) Jointly Administered
E.VOLVE TECHNOLOGY GROUP, INC., )
NOVO NETWORKS OPERATING CORP., ) OBJECTION DEADLINE:
NOVO NETWORKS METRO SERVICES, INC., ) OCTOBER 29, 2001 AT 4:00 P.M.
)
Debtors. ) HEARING DATE:
) NOVEMBER 5, 2001 AT 11:00 A.M.
-----------------------------------------------
NOTICE OF HEARING TO CONSIDER
APPROVAL OF DISCLOSURE STATEMENT
NOTICE IS HEREBY GIVEN THAT:
1. On October 4, 2001, AxisTel Communications, Inc. ("AxisTel"), Novo
Networks Global Services, Inc. ("NNGSI"), Novo Networks International Services,
Inc. ("NNISI"), e.Volve Technology, Inc., ("e.Volve"), Novo Networks Operating
Corp. ("NNOC") and Novo Networks Metro Services, Inc. ("NNMSI," and together
with AxisTel, NNGSI, NNISI, e.Volve and NNOC, the "Debtors"), as debtors and
debtors in possession in the above-referenced chapter 11 cases and Novo
Networks, Inc. ("NNI"), filed with the United States Bankruptcy Court for the
District of Delaware a Proposed Disclosure Statement Pursuant to Section 1125 of
the Bankruptcy Code with Respect to the Joint Plan of Axistel Communications,
Inc., its Affiliated Debtors and Novo Networks, Inc. (the "Disclosure
Statement"), pursuant to Rule 3016(b) of the Federal Rules of Bankruptcy
Procedure. Copies of the Disclosure Statement will be available for review at
the Office of the Clerk, U.S. Bankruptcy Court for the District of Delaware,
Marine Midland Plaza, 824 Market Street, 5th Floor, Wilmington, Delaware 19801
(the "Bankruptcy Court"), or at the offices of the Debtors' undersigned
counsel.(1)
----------
(1) Copies of the Disclosure Statement may be obtained upon written request to
the Debtors' undersigned counsel. All requests should be sent in writing
to the attention of Eric M. Sutty, Esquire of The Bayard Firm at the
address provided below.
2. A hearing will be held on November 5, 2001 at 11:00 a.m. (Prevailing
Eastern Time) before the Honorable Randall J. Newsome, United States Bankruptcy
Judge at 844 King Street, 2nd Floor, Wilmington, Delaware to consider approval
of the Disclosure Statement (the "Disclosure Statement Hearing"). The Disclosure
Statement Hearing may be adjourned from time to time by announcement in open
Court at the first scheduled hearing or an adjourned hearing without further
written notice to parties in interest.
3. Any objections to the Disclosure Statement must be in writing, must
be in conformity with the Bankruptcy Code, the Bankruptcy Rules and the Local
Rules of the Bankruptcy Court, must state with particularity the legal and
factual basis for the objections, must reference with specificity the text of
the Disclosure Statement to which the objection is made, must provide proposed
language changes or insertions to the Disclosure Statement to resolve the
objection and must be filed with the Bankruptcy Court and served upon the
following parties so as to be actually received on or before 4:00 p.m.
(Prevailing Eastern Time) on October 29, 2001: (a) Counsel for the Debtors: THE
BAYARD FIRM, 222 Delaware Avenue, Suite 900, Wilmington, Delaware 19801, Attn:
Jeffrey M. Schlerf, Esq., (b) Counsel for the Debtors' postpetition lender and
chapter 11 plan co-proponent: WHITE & CASE LLP, 200 South Biscayne Blvd., Suite
4900, Miami, Florida 33131, Attn: John K. Cunningham, Esq.; and (c) the OFFICE
OF THE UNITED STATES TRUSTEE, District of Delaware, J. Caleb Boggs Federal
Building, 844 King Street, Room 2313, Wilmington, Delaware 19801, Attn: Joseph
McMahon, Esq. Only those objections timely filed and served will be considered
by the Bankruptcy Court.
Dated: October 4, 2001
The Bayard Firm
By:
---------------------------------
Jeffrey M. Schlerf (No. 2187)
Christopher A. Ward (No. 3877)
Eric M. Sutty (No. 4007)
222 Delaware Avenue, Suite 900
Wilmington, Delaware 19801
(302) 655-5000
Attorneys for the Debtors and
Debtors In Possession
-2-