Case 16-11242-BLS Doc 735 Filed 01/30/17 Page 1 of 10 · (OA107) * COMPF,NSATION TO SOLE PROPRIkiTORS POR SERVICES RENDERED TO BANKRUPTCY IsSTATE Case 16-11242-BLS Doc 735 Filed 01/30/17

li;'Ql~t'EII S1'.4'TES B4O.~'KRt:YTC'.~' COLRT

DIST121CT OI~ DEX,AVb':~RE

In re Phoenix North LLC Casc :~o. 16-112x9

EIS: NJA Reporting Pcriad: \o~~ Y -Nov 3U, 2016

'410\THEY OP~RATCi~G RH:POR"C'

File with Court and submit copy to L!nitcd States Trustee ~vi~hio 20 days aftw' end of mantle

Submit copy of repon to any official coinmitlee appointed in the case.

j ,S+ !` , 4 , Document ~xpl.~nafion pf~davi Sappleme~~,ti.. y. .,... .. ~~

12F(7T<IiRFp..~(`SCT)14IF:1VTS .~.:. ~ .. ,' : ~ot•m Nu ,.rAttacheil ~kltf~cl~ed .~ ., :•Attatlred `:..:s..:.:,

Schedule of Cash Keceipts and Uisbursemei~ts n~fOR• ! N/A ([ )

$ank Reconciliation (or co ies of debtor's bank reconciliations} MOR-I a N/A (I )

Schedule of Professional Fees T'aid yl0tt• 1 h NiA (7 )

C;a ies of ba~tk st~tenlents N~~ l 1 ,~Cash disbursements jow~ials N!A (1 }

Statemef~t of p orations MOR-2 ~I/A (i )

Balance Sheet MOR-3 N/A (1)

Status of Post etition Taxes MQR-4 N%A { 1)

Co ies of IRS Form 6123 or a menc recei t NSA (1)

Co ies of tax returns fled Burin , re ortin eriod NIA (1 }

Summa ~ of Un aid Post etition Debts MOR-4 N/A { ] )

Listin of a ed accotuits a able ~,40R-Q N/A (1)

Accounts Receivable Reconciliation and A in MOR-S T~1~1 (~ )

Debtor Questionnaire MOR-5 X

Note:

(1) There is no financial activity fa this Dcbtpr dtu•ing this time period.

I declare under penalty of perjury (28 ll.S.C. Section 1746} that this report and the attachzd documents

are true and correct to qie Vest of my knowledge and belief.

Signature of Debtor

Signatu Joint Debtor

re of Authoriz d Individual's •-

Joseal~ T. Moldo~~an

Printed Hama of Authorized Individual

C)alc

Qate

~izaizor~Date

Trustee Phpenix Binds Liquidating,Trust

"l'ikle of Authorized Individual

'Authorized individual must be an officer, director or sha~'eholdrr if debtor is ~ coi~~oration; a partner il'debtur

is a partnership; a manlger or member if debtor is a limiteJ liabiii~y company,

MOR(04/07)

Case 16-11242-BLS Doc 735 Filed 01/30/17 Page 1 of 10

In re Phoenix North LLC Case No. 16-11244

Debror Repm~ting Period: Nov 1 -Nov 30, 2016

SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS

Amotmts reported should be per the dzbtor's books, not the bank statement. T'l~e beginning cash should be the ending cash from the prior month or, if this is the

5rst report, the amount should be the balance on the date the petition was filed. 1'he amounts reported in the "CURRENT MONTH -ACTUAL" column must

equal the sum of the four bank account columns. The amounts repotted in the "PRO.T~CTED" columns should be taken from the SMALL BUSINESS INITIAL

REPORT (FORM IR-I) . Attach copies of the bank statements and the cash disbursements journal. Tlie total disbursements listed iu the disbursements journal

must equal the total disbursements reported on this page. A bank reconciliation must be attached for each account, [See MOR-1 (CON'T)]

THE I'OLLOWING SEC'PTON MUST BE COMPLETED

TOTAL DIS6URSF.MENTS$

LESS: TRANSFERS TO DEBTOR IN POSSESSION ACCOUNTS$

PLUS: ESTATE DISBURSEMENTS MADE BY OUTSIDE SOURCES i.e. from escrow accounts ~

TOTAL DiSBUASF.MENTS FOR CALCULATING O.S,'CRUSTEE QUARTERLY FEES$

FORM MOR-I(OA107)

* COMPF,NSATION TO SOLE PROPRIkiTORS POR SERVICES RENDERED TO BANKRUPTCY IsSTATE


FORM MOR-1 a(04/07)


In re Ph

oeni

x North LLC

Debtor

Case No. 16-11244

Reporting Pe

riod

: Nov 1 -Nov 30, 2016

FORM MOR-lb

(04/

07)



Debtor Reporting Period: Nov 1 -Nov 30, 2016

STATEMENT OF OPERATIONS(Income Statement)

Professional Fees

U. S. Trustee Quarterl Fees

Interest Earned on Accumulated Cash from Cha 'ter 11 see continuation sheet)

Gain Loss from Sale of E ui ment

Other Reor anization ~x enses attach schedule

Total Reor anization Ex enses

Income Taxes

Net Profit Loss $ $

*"Insider" is defined in 11 U.S.C. Section 101(31).

FORM MOR-2

(04/07)

The Statement of Operations is to be prepared on an accrual basis. The accrual basis of accounting recognizes revenue when it is

realized and expenses when they are incurred, regardless of when cash is actually received or paid.



Debtor Reporting Period: Nov 1-Nov 30, 2016

STATEIWIENT OF OPERATIONS -continuation sheet

rORM MOR-2 CON'1'D

(04/07)

Reorganization Items -Interest Earned on Accumulated Cash from Chapter 11:

Interest earned on cash accumulated during the chapter 11 case, which would not have been earned but for the

bankruptcy proceeding, should be reported as a reorganization item.



Debror Repm•ting Period: Nov 1 -Nov 30, 2016

BALANCE SHEET

*"Insider" is defined in I1 U.S.C. Section 101(31).

FORM MOR-7(04/07)

'The Balance Sheet is to be completed on an accrual basis only. Pre-petition liabilities must be classified separately from postpetition obligations.


In re Phoenix North LLC

BALANCE SHEET -continuation sheet

Case No. 16-11244Reporting Period: Nov l -Nov 30, 2016

Restricted Cash is cash that is restricted for a specific use and not available to fund operations. Typically, restricted cash is segregated

into a separate account, such as an escrow account.

FORM MORd CONTD(04/07)


In re Phoenix North LLC

Debtor

Case No. 16-11244

Reporting Period: Nov 1 -Nov 30, 2016

STATUS OF POSTPETITION TAXES

SUMMARY OF UNPAID POSTPETITION DEBTS

_Attach aged listing of accounts payable.

*"Insider" is defined in 11 U.S.C. Section 101(31).

FORM MOR-4

(04/07)

The beginning tax liability should be the ending liability from the prior month or, if this is the first report, the amount should be zero.

Attach photocopies of IRS Forth 6123 or payment receipt to verify payment or deposit of federal payroll taxes.

Attach photocopies of any tax returns filed during the reporting period.

explain how and when the Debtor intends to pay any past-due postpetition debts.


In re Phoenix North LLCDebtor

Case No. 16-11244

Reporting Period: Nov 1-Nov 30, 2016

ACCOUNTS RECEIVABLE RECONCILIATION AND AGING

1. Have any assets been sold or transferred outside the normal course of business

this reporting period? IYyes, provide an explanation below. X

2. I Iave any funds been disbursed from any account other than a debtor in possession

account this reporting period? If yes, provide an explanation below. X

3. Have all postpetition tax returns been timely filed? If no, provide an explanation

below. X

4. Are workers compensation, general liability and other necessary insurance

coverages in effect? If no, provide an explanation below. X

5. Has any bank account been opened during the reporting period? If yes, provide

documentation identifying the opened account(s). If an investment account has been opened

provide the required documentation pursuant to the Delaware Local Rule 4001-3. X

FORM MOR-5

(04/07)

DEBTOR QUESTIONNAIRE


Documents

Case 16-11242-BLS Doc 735 Filed 01/30/17 Page 1 of 10 · (OA107) * COMPF,NSATION TO SOLE PROPRIkiTORS POR SERVICES RENDERED TO BANKRUPTCY IsSTATE Case 16-11242-BLS Doc 735 Filed 01/30/17