Statement of Financial Affairs FORBA NY, LLC - Doc 218

8/2/2019 Statement of Financial Affairs FORBA NY, LLC - Doc 218

http://slidepdf.com/reader/full/statement-of-financial-affairs-forba-ny-llc-doc-218 1/29

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) Clhptjr 88CLZYCL S]YJJ] LJHD]L OHNHAJOJN], DDC, )

jt hd. 8 ) Chsj Nb. 89-78:13)

Mjitbrs ) Ebfntdy Hmofnfstjrjm------------------------------------------------------------------------

ADBIHD NB]JS HNM S]H]JOJN] B@

DFOF]H]FBNS, OJ]LBMBDBAV, HNM MFSCDHFOJY

YJAHYMFNA ]LJ MJI]BYS' SCLJMZDJS B@ HSSJ]S

HNM DFHIFDF]FJS HNM S]H]JOJN]S B@ @FNHNCFHD H@@HFYS

Clurcl Strjjt Ljhdtl Ohnhajojnt DDC hnm fts suisfmfhrfjs, hs mjitbrs hnm mjitbrs fn

pbssjssfbn (cbddjctfvjdy, tlj "Mjitbrs "), lhvj `fdjm tljfr rjspjctfvj Scljmudjs b` Hssjts hnmDfhifdftfjs (tlj "Scljmudjs ") hnm Sthtjojnts b` @fnhncfhd H``hfrs (tlj "SB@Hs ", hnm cbddjctfvjdy

wftl tlj "Scljmudjs ," tlj "Scljmudjs hnm Sthtjojnts ") fn tlj Znftjm Sthtjs Ihnkruptcy Cburt

`br tlj Ofmmdj Mfstrfct b` ]jnnjssjj (tlj "Ihnkruptcy Cburt "). ]lj Mjitbrs, wftl tlj hssfsthncjb` tljfr hmvfsbrs, prjphrjm tlj Scljmudjs hnm Sthtjojnts fn hccbrmhncj wftl sjctfbn :98 b` tftdj

88 b` tlj Znftjm Sthtjs Cbmj (tlj "Ihnkruptcy Cbmj ") hnm Yudj 8771 b` tlj @jmjrhd Yudjs b`

Ihnkruptcy Wrbcjmurj (tlj "Ihnkr uptcy Yudjs ").

Ybmnjy Chwbbm, tlj Clfj` @fnhncfhd B``fcjr b` tlj Mjitbrs, lhs sfanjm tlj Scljmudjs

hnm Sthtjojnts. Fn rjvfjwfna hnm sfanfna tlj Scljmudjs hnm Sthtjojnts, Or. Chwbbm lhs

njcjsshrfdy rjdfjm upbn tlj j``brts, sthtjojnts, hnm rjprjsjnthtfbns b` vhrfbus pjrsbnnjd b` tljMjitbrs. Or. Chwbbm lhs nbt (hnm cbudm nbt lhvj) pjrsbnhddy vjrf`fjm tlj hccurhcy b` jhcl sucl

sthtjojnt hnm rjprjsjnthtfbn, fncdumfna sthtjojnts hnm rjprjsjnthtfbns cbncjrnfna hobunts bwjmtb crjmftbrs.

]ljsj Adbihd Nbtjs hnm Sthtjojnt b` Dfofthtfbns, Ojtlbmbdbay, hnm MfscdhfojrYjahrmfna tlj Scljmudjs hnm Sthtjojnts (tlj "Adbihd Nbtjs ") pjrthfn tb, hrj fncbrpbrhtjm iy

rj`jrjncj fn, hnm cboprfsj hn fntjarhd phrt b` hdd b` tlj Scljmudjs hnm Sthtjojnts. ]lj Adbihd

Nbtjs slbudm ij rj`jrrjm tb hnm rjvfjwjm fn cbnnjctfbn wftl hny rjvfjw b` tlj Scljmudjs hnm

8 ]lj Mjitbrs (wftl tlj dhst `bur mfafts b` jhcl Mjitbr‖s `jmjrhd thx fmjntf`fchtfbn nuoijr hnm clhptjr 88 chsj

nuoijr), hrj5 Clurcl Strjjt Ljhdtl Ohnhajojnt, DDC (933:; Chsj Nb. 89-78:13), Sohdd Sofdjs Lbdmfna

Cbophny, DDC (=663; Chsj Nb. 89-78:1=), @BYIH NV, DDC (<783; Chsj Nb. 89-78:1:), @BYIH Sjrvfcjs,

Fnc. (0:70; Chsj Nb. 89-78:11), JJLC, Fnc. (=613; Chsj Nb. 89-78:10).

Chsj 3589-ik-78:13 Mbc 98< @fdjm 73/93/89 Jntjrjm 73/93/89 775=1581 Mjsc Ohfn Mbcuojnt Whaj 8 b` 96



9

Sthtjojnts.9 Fn tlj jvjnt tlht tlj Scljmudjs hnm Sthtjojnts mf``jr `rbo hny b` tlj `brjabfnaAdbihd Nbtjs, tlj Adbihd Nbtjs slhdd cbntrbd.

]lj Scljmudjs hnm Sthtjojnts mb nbt purpbrt tb rjprjsjnt `fnhncfhd sthtjojnts prjphrjm

fn hccbrmhncj wftl Ajnjrhddy Hccjptjm Hccbuntfna Wrfncfpdjs fn tlj Znftjm Sthtjs ("AHHW "),

nbr hrj tljy fntjnmjm tb ij ùddy rjcbncfdjm tb tlj Mjitbrs‖ `fnhncfhd sthtjojnts. ]lj Scljmudjshnm Sthtjojnts cbnthfn unhumftjm fn`brohtfbn tlht fs suiejct tb ùrtljr rjvfjw hnm pbtjntfhd

hmeustojnt. Fn prjphrfna tlj Scljmudjs hnm Sthtjojnts, tlj Mjitbrs rjdfjm bn `fnhncfhd mhth

mjrfvjm `rbo tljfr ibbks hnm rjcbrms tlht whs hvhfdhidj ht tlj tfoj b` sucl prjphrhtfbn. ]ljMjitbrs lhvj ohmj rjhsbnhidj hnm abbm `hftl j``brts tb jnsurj tlj hccurhcy hnm cbopdjtjnjss b`

sucl `fnhncfhd fn`brohtfbn, iut ùrtljr rjsjhrcl br mfscbvjry ohy fmjntf`y suisjqujnt

fn`brohtfbn tlht ohy njcjssfthtj ohtjrfhd hojnmojnts tb tlj Scljmudjs hnm Sthtjojnts. Hs hrjsudt, tlj Mjitbrs hrj unhidj tb whrrhnt br rjprjsjnt tlht tlj Scljmudjs hnm Sthtjojnts hrj

wftlbut fnhmvjrtjnt jrrbrs, bofssfbns, br fnhccurhcfjs hnm ohy ij hojnmjm fn tlj ùturj.

Nbtlfna cbnthfnjm fn tlj Scljmudjs hnm Sthtjojnts slhdd cbnstftutj h whfvjr b` hny b` tlj

Mjitbrs' rfalts br hn hmofssfbn wftl rjspjct tb tljfr clhptjr 88 chsjs, fncdumfna, wftlbut

dfofthtfbn, hny fssujs fnvbdvfna suisthntfvj cbnsbdfmhtfbn, jqufthidj suibrmfnhtfbn, b``sjts br

mj`jnsjs, hnm/br chusjs b` hctfbn hrfsfna unmjr tlj prbvfsfbns b` clhptjr : b` tlj IhnkruptcyCbmj hnm hny btljr rjdjvhnt hppdfchidj dhws tb rjcbvjr hssjts br hvbfm trhns`jrs.

8. Suoohry b` Sfanf`fchnt Yjpbrtfna Wbdfcfjs. ]lj `bddbwfna fs h suoohry b`

sfanf`fchnt rjpbrtfna pbdfcfjs5

h) Hddbchtfbn b` Dfhifdftfjs. ]lj Mjitbrs hddbchtjm dfhifdftfjs ijtwjjn tlj prjpjtftfbn

hnm pbstpjtftfbn pjrfbms ihsjm bn rjsjhrcl cbnmuctjm fn cbnnjctfbn wftl tlj

prjphrhtfbn b` tlj Scljmudjs hnm Sthtjojnts. Hs hmmftfbnhd fn`brohtfbn ijcbojshvhfdhidj hnm ùrtljr rjsjhrcl fs cbnmuctjm, tlj hddbchtfbn b` dfhifdftfjs ijtwjjn

tlj prjpjtftfbn hnm pbstpjtftfbn pjrfbms ohy clhnaj. ]lj Mjitbrs rjsjrvj hddrfalts tb obmf`y, hojnm, hnm suppdjojnt tlj Scljmudjs hnm Sthtjojnts hs fs

njcjsshry hnm hpprbprfhtj.

i) Hojnmojnts hnm Suppdjojnts. Qlfdj tlj Mjitbrs ohmj rjhsbnhidj hnm abbm`hftl j``brts tb `fdj cbopdjtj hnm hccurhtj Scljmudjs hnm Sthtjojnts, fnhmvjrtjnt

jrrbrs br bofssfbns ohy jxfst. ]lj Mjitbrs rjsjrvj hdd rfalts tb hojnm br

suppdjojnt tlj Scljmudjs hnm Sthtjojnts hs fs njcjsshry hnm hpprbprfhtj.

c) Ihnkruptcy Cburt Brmjrs. Wursuhnt tb vhrfbus brmjrs jntjrjm br tb ij jntjrjm iy

tlj Ihnkruptcy Cburt (cbddjctfvjdy, tlj "Wrj-pjtft fbn Whyojnt Br mjrs "), tlj

9 ]ljsj Adbihd Nbtjs hrj fn hmmftfbn tb tlj spjcf`fc nbtjs cbnthfnjm fn jhcl Mjitbr's Scljmudjs hnm

Sthtjojnts. ]lj `hct tlht tlj Mjitbrs lhvj prjphrjm h "Spjcf`fc Nbtj" wftl rjspjct bndy tb spjcf`fc

Scljmudjs hnm Sthtjojnts slbudm nbt ij fntjrprjtjm hs h mjcfsfbn iy tlj Mjitbrs tb jxcdumj tlj

hppdfchifdfty b` sucl Spjcf`fc Nbtj tb hny b` tlj Mjitbrs' rjohfnfna Scljmudjs hnm Sthtjojnts, hs

hpprbprfhtj.




3

Mjitbrs wjrj br wfdd ij hutlbrfzjm tb phy cjrthfn butsthnmfna prj-pjtftfbn cdhfos,

fncdumfna, wftlbut dfofthtfbn, cjrthfn cdhfos b` jopdbyjjs `br whajs, shdhrfjs hnm

ijnj`fts hnm cjrthfn thx cdhfos. Hs h rjsudt, hnm hs mjthfdjm ljrjfn, tlj Mjitbrslhvj nbt dfstjm tljsj cdhfos fn tlj Scljmudjs. ]b tlj jxtjnt sucl cdhfos hrj dfstjm

bn tlj Scljmudjs hnm Sthtjojnts, fnhmvjrtjntdy br btljrwfsj, tlj Mjitbrs mb nbt

whfvj hny rfalt tb hojnm tlj Scljmudjs hnm Sthtjojnts hnm/br suisjqujntdybiejct tb sucl cdhfos bn hny ihsfs, fncdumfna tlht sucl cdhfos lhvj hdrjhmy ijjnshtfs`fjm tlrbual phyojnts wftl rjspjct tb tlj Wrj-pjtftfbn Whyojnt Brmjrs.

m) Cdhfos Mjscrfptfbn. Hny `hfdurj tb mjsfanhtj h cdhfo bn h afvjn Mjitbr's

Scljmudjs hnm Sthtjojnts hs "mfsputjm," "cbntfnajnt," br "undfqufmhtjm" mbjs nbt

cbnstftutj hn hmofssfbn iy tlj Mjitbr tlht sucl hobunt fs nbt "mfsputjm,""cbntfnajnt," br "undfqufmhtjm." ]lj Mjitbrs rjsjrvj hdd rfalts tb mfsputj hny

cdhfo, wljtljr rj`djctjm bn tljfr rjspjctfvj Scljmudjs hnm Sthtjojnts br hssjrtjm

pursuhnt tb h `fdjm prbb` b` cdhfo, bn hny arbunms, fncdumfna, wftlbut dfofthtfbn,

hobunt, dfhifdfty br cdhssf`fchtfbn, br tb btljrwfsj suisjqujntdy mjsfanhtj suclcdhfos hs "mfsputjm," "cbntfnajnt," br "undfqufmhtjm."

j) Cdhssf`fchtfbns. Dfstfna h cdhfo br cbntrhct (f) bn Scljmudj M hs "sjcurjm," (ff) bnScljmudj @ hs "unsjcurjm," br (fff) bn Scljmudj A hs "jxjcutbry" br "unjxpfrjm,"

mbjs nbt cbnstftutj hn hmofssfbn iy tlj Mjitbrs b` tlj djahd rfalts b` tlj cdhfohnt,

br h whfvjr b` tlj Mjitbrs' rfalt tb rjclhrhctjrfzj br rjcdhssf`y sucl cdhfo brcbntrhct.

`) Chusjs b` Hctfbn. Mjspftj rjhsbnhidj hnm abbm `hftl j``brts, tlj Mjitbrs ohy nbtlhvj fmjntf`fjm hnm/br sjt `brtl hdd b` tljfr chusjs b` hctfbn (`fdjm br pbtjntfhd)

hahfnst tlfrm phrtfjs hs hssjts fn tljfr Scljmudjs hnm Sthtjojnts. ]lj Mjitbrs

rjsjrvj hdd rfalts wftl rjspjct tb hny chusjs b` hctfbn hnm nbtlfna fn tlj Adbihd

Nbtjs br tlj Scljmudjs hnm Sthtjojnts slhdd ij mjjojm h whfvjr b` hny suclchusjs b` hctfbn. Sfofdhrdy, fn fnsthncjs wljrj tlj Mjitbrs hrj mj`jnmhnts fn

pjnmfna chusjs b` hctfbn, nbtlfna fn tlj Adbihd Nbtjs br tlj Scljmudjs hnm

Sthtjojnts slhdd ij mjjojm hs hn hmofssfbn br mjtjrofnhtfbn wftl rjspjct tb, br hwhfvjr b` hny mj`jnsj br biejctfbn tb, sucl chusjs b` hctfbn, hnm hdd b` tlj

Mjitbrs‖ mj`jnsjs, biejctfbn hnm btljr rfalts wftl rjspjct tb sucl chusjs b` hctfbn

hrj ljrjiy prjsjrvjm.

a) Cbn`fmjntfhd, Wrfvhtj, hnm Cboojrcfhddy Sjnsftfvj Fn`brohtfbn. Fn cjrthfnfnsthncjs, tlj Mjitbrs ohy lhvj fntjntfbnhddy hdtjrjm, rjvfsjm, rjmhctjm br

cbnsbdfmhtjm cjrthfn fn`brohtfbn fn tlj Scljmudjs hnm Sthtjojnts muj tb tlj

nhturj b` hn harjjojnt ijtwjjn h Mjitbr hnm h tlfrm phrty, cbncjrns hibut tljcbn`fmjntfhd br cboojrcfhddy sjnsftfvj nhturj b` cjrthfn fn`brohtfbn br cbncjrns`br tlj prfvhcy b` hn fnmfvfmuhd. Fn hmmftfbn, fn cjrthfn fnsthncjs, tlj sjnsftfvfty b`

sucl fn`brohtfbn ohy rjqufrj fts bofssfbn `rbo tlj Scljmudjs hnm Sthtjojnts. ]b

tlj jxtjnt pbssfidj, tlj hdtjrhtfbns, rjmhctfbns, cbnsbdfmhtfbns hnm bofssfbns lhvj

ijjn dfoftjm tb tlj jxtjnt mjtjrofnjm iy tlj Mjitbrs tb ij njcjsshry brhpprbprfhtj tb prbtjct tlj Mjitbrs br tlfrm phrtfjs wlfdj hdsb prbvfmfna fntjrjstjm

phrtfjs wftl su``fcfjnt fn`brohtfbn fn rjspbnsj tb tlj Scljmudjs hnm Sthtjojnts.




=

]lj Mjitbrs lhvj nbt fncdumjm hmmrjssjs b` currjnt hnm `brojr jopdbyjjs br

mfrjctbrs fn tlj Scljmudjs hnm Sthtjojnts.

l) Jntfty Cdhssf`fchtfbn Fssujs. ]lj Mjitbrs lhvj jnmjhvbrjm fn abbm `hftl tb

fmjntf`y tlj hssjts bwnjm iy jhcl Mjitbr hnm tlj dfhifdftfjs bwjm iy jhcl Mjitbr.

Qlfdj tlj Scljmudjs rj`djct tlj rjsudts b` tlfs j``brt, sjvjrhd `hctbrs ohy fophcttlj hifdfty b` tlj Mjitbrs prjcfsjdy tb hssfan hssjts hnm dfhifdftfjs tb phrtfcudhr

Mjitbr jntftfjs, fncdumfna iut nbt dfoftjm tb (f) cjrthfn hssjts ohy ij prfohrfdy

usjm iy h Mjitbr btljr tlhn tlj jntfty wlfcl lbdms tftdj tb sucl hssjts hccbrmfna tbtlj Mjitbrs‖ ibbks hnm rjcbrms; (ff) cjrthfn dfhifdftfjs ohy lhvj ijjn nbofnhddy

fncurrjm iy bnj Mjitbr, yjt sucl dfhifdftfjs ohy lhvj hctuhddy ijjn fncurrjm iy, br

tlj fnvbfcjs rjdhtjm tb sucl dfhifdftfjs ohy lhvj ijjn fssujm tb br fn tlj nhoj b`,hnbtljr Mjitbr; hnm (fff) cjrthfn crjmftbrs b` tlj Mjitbrs ohy lhvj trjhtjm bnj br

obrj b` tlj Mjitbrs hs h cbnsbdfmhtjm jntfty rhtljr tlhn hs mf``jrjntfhtjm jntftfjs.

f) Jstfohtjs hnm Hssuoptfbns. Fn prjphrfna tlj Scljmudjs hnm Sthtjojnts, tljMjitbrs wjrj rjqufrjm tb ohkj cjrthfn jstfohtjs hnm hssuoptfbns tlht h``jct tlj

rjpbrtjm hobunts b` hssjts hnm dfhifdftfjs, tlj mfscdbsurj hnm pbtjntfhd vhdujs b`cbntfnajnt hssjts hnm dfhifdftfjs bn tlj mhtj tlj Scljmudjs hnm Sthtjojnts wjrj`fdjm hnm tlj rjpbrtjm hobunts b` rjvjnujs hnm jxpjnsjs murfna tlj rjpbrtfna

pjrfbm. Hctuhd rjsudts cbudm mf``jr `rbo tlbsj jstfohtjs, pjrlhps ohtjrfhddy.

e) Jxcdumjm Hssjts hnm Dfhifdftfjs. ]lj Mjitbrs lhvj jxcdumjm cjrthfn chtjabrfjs b`

hssjts hnm dfhifdftfjs `rbo tlj Scljmudjs hnm Sthtjojnts sucl hs mj ofnfofs

mjpbsfts, hnm hccrujm dfhifdftfjs fncdumfna, wftlbut dfofthtfbn, thx hccruhds hnmhccrujm hccbunts phyhidj. Btljr foohtjrfhd hssjts hnm dfhifdftfjs ohy hdsb lhvj

ijjn jxcdumjm. @fnhddy, cjrthfn mj`jrrjm clhrajs, hccbunts, br rjsjrvjs rjcbrmjm

`br AHHW rjpbrtfna purpbsjs bndy hrj nbt fncdumjm fn tlj Mjitbrs‖ Scljmudjs.

k) Jxjcutbry Cbntrhcts hnm Znjxpfrjm Djhsjs. ]lj Mjitbrs lhvj nbt njcjsshrfdy sjt

`brtl jxjcutbry cbntrhcts hnm unjxpfrjm djhsjs hs hssjts fn tlj Scljmudjs hnmSthtjojnts, jvjn tlbual tljsj cbntrhcts ohy lhvj sboj vhduj tb tlj Mjitbrs'

jsthtjs. ]lj Mjitbrs' jxjcutbry cbntrhcts hnm unjxpfrjm djhsjs lhvj ijjn sjt `brtl

fn Scljmudj A. ]lj Mjitbrs‖ rjejctfbn b` jxjcutbry cbntrhcts hnm unjxpfrjm djhsjswfdd rjsudt fn tlj hssjrtfbn b` rjejctfbn mhohajs cdhfos; lbwjvjr, tlj Scljmudjs

hnm Sthtjojnts mb nbt rj`djct hny rjejctfbn mhohajs cdhfos. ]lj Mjitbrs rjsjrvj

tlj rfalt tb ohkj hny hrauojnts hnm biejctfbns wftl rjspjct tb tlj hssjrtfbn b`hny sucl cdhfos.

d) Fnsfmjrs. @br purpbsjs b` tlj Scljmudjs hnm Sthtjojnts, tlj Mjitbrs mj`fnj"fnsfmjrs" pursuhnt tb sjctfbn 878(38) b` tlj Ihnkruptcy Cbmj hs5 (f) mfrjctbrs;

(ff) b``fcjrs; (fff) pjrsbns fn cbntrbd b` tlj Mjitbrs; (fv) rjdhtfvjs b` mfrjctbrs,

b``fcjrs, br pjrsbns fn cbntrbd b` tlj Mjitbrs; hnm (v) h``fdfhtjs.

Wjrsbns dfstjm hs "fnsfmjrs" lhvj ijjn fncdumjm `br fn`brohtfbnhd purpbsjs bndy.

]lj Mjitbrs mb nbt thkj hny pbsftfbn wftl rjspjct tb5 (f) sucl pjrsbn's fn`dujncj

bvjr tlj cbntrbd b` tlj Mjitbrs; (ff) tlj ohnhajojnt rjspbnsfifdftfjs br `unctfbns

Chsj 3589-ik-78:13 Mbc 98< @fdjm 73/93/89 Jntjrjm 73/93/89 775=1581 Mjsc Ohfn Mbcuojnt Whaj = b` 96



:

b` sucl fnmfvfmuhd; (fff) tlj mjcfsfbn-ohkfna br cbrpbrhtj hutlbrfty b` sucl

fnmfvfmuhd; br (fv) wljtljr sucl fnmfvfmuhd cbudm succjss`uddy hrauj tlht lj br slj

fs nbt hn "fnsfmjr" unmjr hppdfchidj dhw, fncdumfna, wftlbut dfofthtfbn, tlj `jmjrhdsjcurftfjs dhws, br wftl rjspjct tb hny tljbrfjs b` dfhifdfty, br `br hny btljr

purpbsj. ]lj dfstfna b` h phrty hs hn fnsfmjr fs nbt fntjnmjm tb ij nbr slbudm ft ij

cbnstrujm hs h djahd clhrhctjrfzhtfbn b` sucl phrty hs hn fnsfmjr, nbr slbudm ft ijcbnstrujm hs hn hmofssfbn tlht sucl phrty fs hn fnsfmjr, hdd sucl rfalts, cdhfos hnmmj`jnsjs hrj jxprjssdy rjsjrvjm.

o) Fntjrcbophny Cdhfos. Yjcjfvhidjs hnm phyhidjs hobna tlj Mjitbrs fn tljsj chsjs

(jhcl hn "F ntjrcbophny Yjcjfvhidj " br "F ntjrcbophny Whyhidj " hnm,

cbddjctfvjdy, tlj "F ntjrcbophny Cdhfos ") hrj rjpbrtjm bn Scljmudj I(80) brScljmudj @ hs h rjcjfvhidj br phyhidj muj tb br `rbo tlj hppdfchidj Mjitbr tb br

`rbo tlj btljr Mjitbrs. Qljrj nb ihdhncj fs dfstjm, tlj Mjitbrs mb nbt ijdfjvj,

ihsjm bn fn`brohtfbn currjntdy hvhfdhidj, tlht tlj hppdfchidj Mjitbr lhs hny

Fntjrcbophny Yjcjfvhidjs br Fntjrcbophny Whyhidjs.

n) Dftfahtfbn. ]lj Mjitbrs lhvj dfstjm bn Scljmudj @ hdd knbwn cdhfohnts rjdhtjm tbhny pjnmfna br tlrjhtjnjm dftfahtfbn hctfbn hs cbntfnajnt, undfqufmhtjm hnmmfsputjm wftl unknbwn hobunts. Hdtlbual cdhfo hobunts wjrj nbt jstfohtjm,

hddbwjm cdhfos, f` hny, `br tljsj cdhfohnts ohy ij suisthntfhd. @br cbn`fmjntfhdfty

rjhsbns hnm fn cbopdfhncj wftl tlj LFWHH rjqufrjojnts, tlj Mjitbrs lhvj nbtfncdumjm tlj nhojs hnm btljr pjrsbnhd fn`brohtfbn b` tlj dftfahnts.

b) Njt Ibbk Phduj. Fn cjrthfn fnsthncjs, ohrkjt vhduhtfbns hrj njftljr ohfnthfnjm iy, nbr rjhmfdy hvhfdhidj tb, tlj Mjitbrs. Fn btljr fnsthncjs, ohrkjt vhduhtfbns hrj

hvhfdhidj iut tljy hrj but-b`-mhtj. Ft wbudm ij prblfiftfvjdy jxpjnsfvj, unmudy

iurmjnsboj hnm hn fnj``fcfjnt usj b` jsthtj hssjts `br tlj Mjitbrs tb bithfn

currjnt ohrkjt vhduhtfbns b` hdd b` tljfr hssjts. Hccbrmfnady, undjss btljrwfsjfnmfchtjm, tlj Mjitbrs' Scljmudjs hnm Sthtjojnts rj`djct tlj Mjitbrs‖ hssjts ht njt

ibbk vhdujs. Ohrkjt vhdujs b` tljsj hssjts ohy vhry, ht sboj tfojs ohtjrfhddy,

`rbo tlj njt ibbk vhduj b` sucl hssjts. Hs hppdfchidj, hssjts tlht lhvj ijjn `uddymjprjcfhtjm br wjrj jxpjnsjm `br hccbuntfna purpbsjs lhvj nb njt ibbk vhduj.

p) Wjtftfbn Mhtj. @fnhncfhd fn`brohtfbn `br Clurcl Strjjt Ljhdtl Ohnhajojnt DDC

fs, undjss btljrwfsj nbtjm ljrjfn br fn tlj Scljmudjs hnm Sthtjojnts, prbvfmjm hs

b` @jiruhry 97, 9789. @fnhncfhd fn`brohtfbn `br hdd rjohfnfna Mjitbrs fs hs b`@jiruhry 98, 9789.

q) Yjclhrhctjrfzhtfbn. Nbtwftlsthnmfna tlht tlj Mjitbrs lhvj ohmj rjhsbnhidjj``brts tb cbrrjctdy clhrhctjrfzj, cdhssf`y, chtjabrfzj, br mjsfanhtj cjrthfn cdhfos,

hssjts, jxjcutbry cbntrhcts, unjxpfrjm djhsjs, hnm btljr ftjos rjpbrtjm fn tlj

Scljmudjs hnm Sthtjojnts, tlj Mjitbrs nbnjtljdjss ohy lhvj foprbpjrdy

clhrhctjrfzjm, cdhssf`fjm, chtjabrfzjm, br mjsfanhtjm cjrthfn ftjos. ]lus, tljMjitbrs rjsjrvj hdd rfalts tb rjclhrhctjrfzj, rjcdhssf`y, rjchtjabrfzj, br rjmjsfanhtj

ftjos rjpbrtjm fn tlj Scljmudjs hnm Sthtjojnts ht h dhtjr tfoj hs fs njcjsshry hnm

hpprbprfhtj hs hmmftfbnhd fn`brohtfbn ijcbojs hvhfdhidj.

Chsj 3589-ik-78:13 Mbc 98< @fdjm 73/93/89 Jntjrjm 73/93/89 775=1581 Mjsc Ohfn Mbcuojnt Whaj : b` 96



0

r) ]lfrm-Whrty Wrbpjrty. Fn tlj brmfnhry cbursj b` tljfr iusfnjss, tlj Mjitbrs djhsj

jqufpojnt `rbo cjrthfn tlfrm-phrty djssbrs `br usj fn tlj mhfdy bpjrhtfbn b` tljfr

iusfnjss hnm btljrwfsj usj hnm lbdm prbpjrty bwnjm iy tlfrm-phrtfjs pursuhnt tbcbntrhcts hnm djhsjs wftl sucl phrtfjs. Sucl djhsjs br cbntrhcts hrj sjt `brtl fn

Scljmudj A. ]lj prbpjrty suiejct tb hny sucl djhsjs br cbntrhcts fs nbt rj`djctjm

fn jftljr Scljmudj H br Scljmudj I hs jftljr bwnjm prbpjrty br hssjts b` tljMjitbrs. Njftljr fs tlj prbpjrty suiejct tb hny sucl djhsjs br cbntrhcts rj`djctjm fntlj Mjitbrs‖ SB@Hs hs prbpjrty br hssjts b` tlfrm-phrtfjs wftlfn tlj cbntrbd b` tlj

Mjitbrs. Nbtlfna cbnthfnjm fn tlj Scljmudjs hnm Sthtjojnts fs br slhdd ij

cbnstrujm hs hn hmofssfbn br mjtjrofnhtfbn hs tb tlj djahd sthtus b` hny djhsj(fncdumfna, iut nbt dfoftjm tb, wljtljr hny djhsj fs h truj djhsj br h `fnhncfna

hrrhnajojnt) br cbntrhct (fncdumfna, iut nbt dfoftjm tb, wljtljr tlj cbntrhct fs, fn

`hct, hn jxjcutbry cbntrhct), hnm tlj Mjitbrs rjsjrvj hdd rfalts wftl rjspjct tb hny

sucl fssujs.

s) ]bthds. Hdd tbthds tlht hrj fncdumjm fn tlj Scljmudjs hnm Sthtjojnts rjprjsjnttbthds b` hdd knbwn hobunts fncdumjm fn tlj Mjitbrs' ibbks hnm rjcbrms hs b` tlj

Wjtftfbn Mhtj. ]b tlj jxtjnt tljrj hrj unknbwn br unmjtjrofnjm hobunts, tlj

hctuhd tbthd ohy ij mf``jrjnt tlhn tlj dfstjm tbthd.

t) Znmjtjrofnjm Hobunts. ]lj mjscrfptfbn b` hn hobunt hs —unknbwn,‟ —]IM,‟ br

—unmjtjrofnjm‟ fs nbt fntjnmjm tb rj`djct upbn tlj ohtjrfhdfty b` sucl hobunt.

9. Spjcf`fc Scljmudjs hnm Sthtjojnts Mfscdbsurjs

h) Scljmudj I(93) – Btljr ajnjrhd fnthnafidj hssjts. Cjrthfn cbntrhcts tlht lhvj

rjcbanfzjm ibbk vhdujs unmjr AHHW iut wlfcl hrj nbt rjhmfdy cbnvjrtfidj tb chslhrj nbt rj`djctjm bn Scljmudj I(93). ]ljsj cbntrhcts hrj fncdumjm fn Scljmudj A.

i) Scljmudj M - Crjmftbrs Lbdmfna Sjcurjm Cdhfos. Jxcjpt hs btljrwfsj harjjm pursuhnt tb h stfpudhtfbn hnm harjjm brmjr br ajnjrhd brmjr jntjrjm iy tlj

Ihnkruptcy Cburt tlht fs br ijcbojs `fnhd, tlj Mjitbrs hnm/br tljfr jsthtjs rjsjrvj

tlj rfalt tb mfsputj br clhddjnaj tlj vhdfmfty, pjr`jctfbn br foounfty `rbohvbfmhncj b` hny dfjn purpbrtjm tb ij arhntjm br pjr`jctjm fn hny spjcf`fc hssjt tb

h crjmftbr dfstjm bn Scljmudj M b` hny Mjitbr. Obrjbvjr, hdtlbual tlj Mjitbrs

ohy lhvj scljmudjm cdhfos b` vhrfbus crjmftbrs hs sjcurjm cdhfos `brfn`brohtfbnhd purpbsjs, nb currjnt vhduhtfbn b` tlj Mjitbrs‖ hssjts fn wlfcl sucl

crjmftbrs ohy lhvj h dfjn lhs ijjn unmjrthkjn.

]lj Mjitbrs rjsjrvj hdd rfalts tb mfsputj br clhddjnaj tlj sjcurjm nhturj b` hnysucl crjmftbr‖s cdhfo br tlj clhrhctjrfzhtfbn b` tlj structurj b` hny sucl

trhnshctfbn br hny mbcuojnt br fnstruojnt (fncdumfna, wftlbut dfofthtfbn, hny

fntjrcbophny harjjojnt) rjdhtjm tb sucl crjmftbr‖s cdhfo. Fn cjrthfn fnsthncjs, hMjitbr ohy ij h cb-bidfabr br auhrhntbr wftl rjspjct tb scljmudjm cdhfos b` btljr

Mjitbrs, hnm nb cdhfo sjt `brtl bn Scljmudj M b` hny Mjitbr fs fntjnmjm tb

hcknbwdjmaj cdhfos b` crjmftbrs tlht hrj btljrwfsj shtfs`fjm br mfsclhrajm iybtljr jntftfjs. ]lj mjscrfptfbns fn Scljmudj M hrj fntjnmjm bndy tb ij h suoohry.




1

Yj`jrjncj tb tlj hppdfchidj dbhn harjjojnts hnm rjdhtjm mbcuojnts hnm h

mjtjrofnhtfbn b` tlj crjmftbrs‖ cbopdfhncj wftl hppdfchidj dhw fs njcjsshry `br h

cbopdjtj mjscrfptfbn b` tlj cbddhtjrhd hnm tlj nhturj, jxtjnt hnm prfbrfty b` hnydfjns. Nbtlfna fn tlj Adbihd Nbtjs br tlj Scljmudjs hnm Sthtjojnts slhdd ij

mjjojm h obmf`fchtfbn br fntjrprjthtfbn b` tlj tjros b` sucl harjjojnts br rjdhtjm

mbcuojnts.

]lj cdhfos dfstjm bn Scljmudj M hrbsj br wjrj fncurrjm bn vhrfbus mhtjs hnm h

mjtjrofnhtfbn b` jhcl mhtj upbn wlfcl jhcl cdhfo hrbsj br whs fncurrjm wbudm ijunmudy iurmjnsboj hnm cbst prblfiftfvj. Hccbrmfnady, nbt hdd sucl mhtjs hrj

fncdumjm `br jhcl cdhfo. Hdd cdhfos dfstjm bn Scljmudj M, lbwjvjr, hppjhr tb

lhvj hrfsjn br tb lhvj ijjn fncurrjm prfbr tb tlj Wjtftfbn Mhtj.

Yjhd prbpjrty djssbrs, utfdfty cbophnfjs, hnm btljr phrtfjs tlht ohy lbdm sjcurfty

mjpbsfts lhvj nbt ijjn dfstjm bn Scljmudj M. ]lj Mjitbrs lhvj nbt fncdumjm bn

Scljmudj M phrtfjs tlht ohy ijdfjvj tljfr cdhfos hrj sjcurjm tlrbual sjtb`` rfalts,mjpbsft pbstjm iy, br bn ijlhd` b`, tlj Mjitbrs, br fnclbhtj sthtutbry dfjns rfalts.

c) Scljmudj J - Crjmftbrs Lbdmfna Znsjcurjm Wrfbrfty Cdhfos. Wursuhnt tb hn brmjr

jntjrjm iy tlj Ihnkruptcy Cburt bn @jiruhry 99, 9789, tlj Mjitbrs lhvj tlj

hutlbrfty tb phy cjrthfn prjpjtftfbn bidfahtfbns, fncdumfna jopdbyjj whajs hnmbtljr jopdbyjj ijnj`fts fn tlj brmfnhry cbursj b` iusfnjss (tlj "Jopdbyjj Qhaj

hnm Ijnj`f t Brmjr "). Hs h rjsudt b` tlj Jopdbyjj Qhaj hnm Ijnj`ft Brmjr, tlj

Mjitbrs ijdfjvj tlht hny jopdbyjj cdhfos `br prjpjtftfbn hobunts rjdhtjm tb

bnabfna phyrbdd, ijnj`fts, hnm jxpjnsj rjfoiursjojnts wljtljr hddbwhidj hs h prfbrfty br nbnprfbrfty cdhfo, lhvj ijjn br wfdd ij shtfs`fjm, hnm sucl shtfs`fjm

hobunts hrj dfstjm bn Scljmudj J hs —Cbntfnajnt‟.

Wursuhnt tb h sjphrhtj brmjr jntjrjm iy tlj Ihnkruptcy Cburt bn Ohrcl 83, 9789,tlj Mjitbrs lhvj tlj hutlbrfty tb phy cjrthfn prjpjtftfbn thxjs (tlj "]hx Brmjr ").

Wursuhnt tb tlj ]hx Brmjr, tlj Mjitbrs ijdfjvj tlht hny cdhfos bn hccbunt b` sucl

thxjs lhvj ijjn br wfdd ij shtfs`fjm, hnm sucl shtfs`fjm hobunts hrj dfstjm bnScljmudj J hs —Cbntfnajnt‟.

But b` hiunmhncj b` chutfbn hnm fn hn j``brt tb prbvfmj nbtfcj tb lbdmjrs b`

pbtjntfhd prfbrfty thx cdhfos, tlj Mjitbrs lhvj dfstjm lbdmjrs b` pbtjntfhd prfbrfty

thx cdhfos bn Scljmudj J jxcjpt tb tlj jxtjnt sucl cdhfos lhvj ijjn br wfdd ijshtfs`fjm pursuhnt tb tlj ]hx Brmjr. ]lj dfstfna b` h thxfna hutlbrfty bn h Mjitbr‖s

Scljmudj J fs nbt hn hcknbwdjmajojnt tlht sucl thxfna hutlbrfty lbdms h vhdfm

cdhfo hahfnst h phrtfcudhr Mjitbr br tlht h phrtfcudhr thx cdhfo fs jntftdjm tb prfbrfty unmjr 88 Z.S.C. § :71(h)(<) br btljrwfsj. ]lj Mjitbrs rjsjrvj tlj rfalttb thkj tlj pbsftfbn tlht hny cdhfo dfstjm bn Scljmudj J fs h sjcurjm cdhfo, hn

unsjcurjm br h suibrmfnhtjm cdhfo.

@urtljr, cjrthfn pbtjntfhd br hctuhd prfbrfty cdhfos ohy ij suiejct tb humft hnm tljMjitbrs hrj btljrwfsj unhidj tb mjtjrofnj wftl cjrthfnty tlj hobunt b` ohny, f`

nbt hdd, b` tljsj cdhfos. ]ljrj`brj, tlj Mjitbrs lhvj dfstjm hdd sucl cdhfos hs




<

unknbwn fn hobunt, pjnmfna `fnhd rjsbdutfbn b` bnabfna humfts br btljr

butsthnmfna fssujs.

m) Scljmudj @ - Crjmftbrs Lbdmfna Znsjcurjm Cdhfos. Scljmudj @ cbnthfns

fn`brohtfbn rjahrmfna tlrjhtjnjm br pjnmfna dftfahtfbn br hmofnfstrhtfvj hctfbn

fnvbdvfna tlj Mjitbrs. ]lj hobunts b` tljsj pbtjntfhd cdhfos hrj dfstjm hs—unknbwn‟ hnm ohrkjm hs cbntfnajnt, undfqufmhtjm, hnm mfsputjm fn tljScljmudjs. ]lj Mjitbrs jxprjssdy fncbrpbrhtj iy rj`jrjncj fntb Scljmudj @ hdd

phrtfjs tb pjnmfna hnm pbtjntfhd dftfahtfbn, f` hny, dfstjm fn jhcl Mjitbr‖s SB@H

=(h) hs cbntfnajnt, undfqufmhtjm, hnm mfsputjm cdhfos, tb tlj jxtjnt nbt hdrjhmydfstjm bn Scljmudj @.

Scljmudj @ hdsb rj`djcts prjpjtftfbn hobunts bwjm tb cbuntjrphrtfjs tb jxjcutbry

cbntrhcts hnm unjxpfrjm djhsjs. Sucl prjpjtftfbn hobunts, lbwjvjr, ohy ij phfm

fn cbnnjctfbn wftl tlj hssuoptfbn br hssuoptfbn hnm hssfanojnt b` hn jxjcutbrycbntrhct br unjxpfrjm djhsj. Scljmudj @ mbjs nbt fncdumj hmmftfbnhd rjejctfbn

mhohajs cdhfos, f` hny, b` tlj cbuntjrphrtfjs tb jxjcutbry cbntrhcts hnm unjxpfrjm

djhsjs tlht ohy ij rjejctjm h`tjr tlj Wjtftfbn Mhtj. Nbtlfna fn tlj Adbihd Nbtjs br

tlj Scljmudjs hnm Sthtjojnts slhdd ij mjjojm h obmf`fchtfbn br fntjrprjthtfbn b`tlj tjros b` hny harjjojnt jntjrjm fntb iy hnm ijtwjjn tlj Mjitbrs hnm tljfr

crjmftbrs.

]lj cdhfos b` crjmftbrs `br, hobna btljr tlfnas, ojrclhnmfsj, abbms, sjrvfcjs, br

thxjs hrj dfstjm bn tlj Mjitbrs' ibbks hnm rjcbrms hnm ohy nbt rj`djct crjmfts brhddbwhncjs muj `rbo sucl crjmftbr. ]lj Mjitbrs rjsjrvj hdd b` tljfr rfalts

rjspjctfna sucl crjmfts hnm hddbwhncjs. Fn hmmftfbn, tlj hobunts b` cdhfos dfstjm

bn Scljmudj @ ohy ij jxcdusfvj b` cbntfnajnt hnm undfqufmhtjm hobunts.

Scljmudj @ mbjs nbt fncdumj cjrthfn mj`jrrjm clhrajs, mj`jrrjm dfhifdftfjs, hccruhds

br ajnjrhd rjsjrvjs. Sucl hobunts hrj, lbwjvjr, rj`djctjm bn tlj Mjitbrs‖ ibbks

hnm rjcbrms hs rjqufrjm fn hccbrmhncj wftl AHHW. Sucl hccruhds hrj ajnjrhdjstfohtjs b` dfhifdftfjs hnm mb nbt rjprjsjnt spjcf`fc cdhfos hs b` tlj Wjtftfbn Mhtj.

j) Scljmudj A - Jxjcutbry cbntrhcts hnm unjxpfrjm djhsjs. Hdtlbual rjhsbnhidj

j``brts lhvj ijjn ohmj tb jnsurj tlj hccurhcy b` Scljmudj A rjahrmfna jxjcutbry

cbntrhcts hnm unjxpfrjm djhsjs, tlj Mjitbrs‖ rjvfjw fs bnabfna hnm fnhmvjrtjntjrrbrs, bofssfbns, br bvjr-fncdusfbn ohy lhvj bccurrjm.

Hny hnm hdd b` tlj Mjitbrs‖ rfalts, cdhfos, hnm chusjs b` hctfbn wftl rjspjct tb tljcbntrhcts, harjjojnts, hnm djhsjs dfstjm bn Scljmudj A hrj ljrjiy rjsjrvjm hnm prjsjrvjm, hnm, hs sucl, tlj Mjitbrs ljrjiy rjsjrvj hdd b` tljfr rfalts tb mfsputj

tlj vhdfmfty, sthtus, br jn`brcjhifdfty b` hny cbntrhcts, harjjojnts, br djhsjs sjt

`brtl bn Scljmudj A hnm tb hojnm br suppdjojnt sucl Scljmudj hs njcjsshry.

]lj pdhcfna b` h cbntrhct br djhsj bntb Scljmudj A slhdd nbt ij mjjojm hn

hmofssfbn tlht sucl cbntrhct fs hn jxjcutbry cbntrhct br unjxpfrjm djhsj, br tlht ft

Chsj 3589-ik-78:13 Mbc 98< @fdjm 73/93/89 Jntjrjm 73/93/89 775=1581 Mjsc Ohfn Mbcuojnt Whaj < b` 96



6

fs njcjsshrfdy h ifnmfna, vhdfm hnm jn`brcjhidj cbntrhct. ]lj Mjitbrs ljrjiy

jxprjssdy rjsjrvj tlj rfalt tb hssjrt tlht hny cdhfo dfstjm bn Scljmudj A mbjs nbt

cbnstftutj hn jxjcutbry cbntrhct wftlfn tlj ojhnfna b` sjctfbn 30: b` tljIhnkruptcy Cbmj.

Bofssfbn b` h cbntrhct, harjjojnt br djhsj `rbo Scljmudj A mbjs nbt cbnstftutjhn hmofssfbn tlht sucl bofttjm cbntrhct, harjjojnt br djhsj fs nbt hn jxjcutbrycbntrhct br unjxpfrjm djhsj. ]lj Mjitbrs‖ rfalts unmjr tlj Ihnkruptcy Cbmj wftl

rjspjct tb hny sucl bofttjm cbntrhcts, harjjojnts hnm djhsjs hrj nbt fophfrjm iy

tljfr bofssfbn. Scljmudj A ohy ij hojnmjm ht hny tfoj tb hmm hny bofttjmcbntrhct, harjjojnt br djhsj.

]lj Mjitbrs ohy lhvj jntjrjm fntb vhrfbus btljr typjs b` harjjojnts fn tlj

brmfnhry cbursj b` tljfr iusfnjss, sucl hs fnmjonfty harjjojnts, suppdjojnthdharjjojnts, hojnmojnts/djttjr harjjojnts, hnm cbn`fmjntfhdfty harjjojnts. Sucl

mbcuojnts ohy nbt ij sjt `brtl fn Scljmudj A. Obrjbvjr, tlj cbntrhcts,

harjjojnts, hnm djhsjs dfstjm bn Scljmudj A ohy lhvj jxpfrjm br ohy lhvj ijjnobmf`fjm, hojnmjm, br suppdjojntjm `rbo tfoj tb tfoj iy vhrfbus hojnmojnts,

rjsthtjojnts, whfvjrs, jstbppjds cjrtf`fchtjs, djttjrs, br btljr mbcuojnts,

fnstruojnts, hnm harjjojnts tlht ohy nbt ij dfstjm bn Scljmudj A. Wbrtfbns b`

sboj cbntrhcts hnm djhsjs tlht hrj dfstjm bn Scljmudj A ohy lhvj ijjn `uddy pjr`brojm, wlfdj btljr pbrtfbns b` tlj shoj cbntrhcts hnm djhsjs ohy rjohfn

jxjcutbry br unjxpfrjm.

Cjrthfn b` tlj cbntrhcts, harjjojnts, hnm djhsjs dfstjm bn Scljmudj A ohy cbnthfn

rjnjwhd bptfbns, auhrhntjjs b` phyojnts, bptfbns tb purclhsj, rfalts b` `frst

rj`ushd, rfalts tb djhsj hmmftfbnhd sphcj hnm btljr ofscjddhnjbus rfalts. Sucl

rfalts, pbwjrs, mutfjs hnm bidfahtfbns ohy nbt ij sjt `brtl bn Scljmudj A.

Cjrthfn b` tlj harjjojnts dfstjm bn Scljmudj A ohy ij fn tlj nhturj b`

cbnmftfbnhd shdjs harjjojnts br sjcurjm `fnhncfnas. ]lj prjsjncj b` tljsjharjjojnts br hny btljr harjjojnts bn Scljmudj A mbjs nbt cbnstftutj hn

hmofssfbn tlht hny sucl harjjojnt fs hn jxjcutbry cbntrhct br unjxpfrjm djhsj.

]lj Mjitbrs rjsjrvj hdd b` tljfr rfalts, cdhfos hnm chusjs b` hctfbn wftl rjspjct tb

tlj cbntrhcts hnm harjjojnts dfstjm bn Scljmudj A, fncdumfna tlj rfalt tb mfsputj

br clhddjnaj tlj clhrhctjrfzhtfbn br tlj structurj b` hny trhnshctfbn, mbcuojnt, br

fnstruojnt. Cjrthfn jxjcutbry harjjojnts ohy nbt lhvj ijjn ojobrfhdfzjm fnwrftfna hnm cbudm ij suiejct tb mfsputj. @urtljr, tlj Mjitbrs ohy ij phrtfjs tb

vhrfbus btljr harjjojnts cbncjrnfna rjhd prbpjrty, sucl hs jhsjojnts, rfalts b`

why, suibrmfnhtfbn, nbn-mfsturihncj, suppdjojnthd harjjojnts,

hojnmojnts/djttjr harjjojnts, tftdj mbcuojnts, cbnsjnts, sftj pdhns, ohps hnmbtljr ofscjddhnjbus harjjojnts. Sucl harjjojnts, f` hny, hrj nbt sjt `brtl fn

Scljmudj A.




87

]lj Mjitbrs lhvj httjoptjm tb dfst tlj hpprbprfhtj Mjitbr phrtfjs tb jhcl cbntrhct,

harjjojnt, hnm djhsj bn Scljmudj A. Lbwjvjr, tljrj ohy ij fnsthncjs fn wlfcl

btljr Mjitbr jntftfjs tlht hrj nbt phrtfjs tb tlj cbntrhcts, harjjojnts, hnm djhsjslhvj ijjn tlj prfohry jntftfjs cbnmuctfna iusfnjss fn cbnnjctfbn wftl tljsj

cbntrhcts, harjjojnts, hnm djhsjs. Hccbrmfnady, tlj Mjitbrs lhvj dfstjm cjrthfn

cbntrhcts, harjjojnts, hnm djhsjs bn Scljmudj A b` tlj Mjitbr jntftycbrrjspbnmfna tb tlj hppdfchidj cbntrhctfna jntfty bn wlfcl ohy, upbn ùrtljrrjvfjw, mf``jr `rbo tlj prfohry jntfty cbnmuctfna iusfnjss wftl tlj cbuntjrphrty

tb tlht phrtfcudhr cbntrhct, harjjojnt, br djhsj. Hmmftfbnhddy, cjrthfn b` tlj

cbntrhcts, harjjojnts, hnm djhsjs dfstjm bn Scljmudj A ohy lhvj ijjn jntjrjmfntb iy obrj tlhn bnj b` tlj Mjitbrs.

`) Scljmudj L - Cb-Mjitbrs. Hdtlbual tlj Mjitbrs lhvj ohmj jvjry j``brt tb

jnsurj tlj hccurhcy b` Scljmudj L, fnhmvjrtjnt jrrbrs, bofssfbns br fncdusfbn ohy

lhvj bccurrjm. ]lj Mjitbrs ljrjiy rjsjrvj hdd rfalts tb mfsputj tlj vhdfmfty, sthtusbr jn`brcjhifdfty b` hny bidfahtfbns sjt `brtl bn Scljmudj L hnm tb ùrtljr hojnm

br suppdjojnt sucl Scljmudj hs njcjsshry.

]lj Mjitbrs ùrtljr rjsjrvj hdd rfalts, cdhfos hnm chusjs b` hctfbn wftl rjspjct tb

tlj bidfahtfbns dfstjm bn Scljmudj L, fncdumfna tlj rfalt tb mfsputj br clhddjnaj

tlj clhrhctjrfzhtfbn br tlj structurj b` hny trhnshctfbn, mbcuojnt br fnstruojntrjdhtjm tb h crjmftbr‖s cdhfo. ]lj dfstfna b` h cbntrhct, auhrhntjj br btljr

bidfahtfbn bn Scljmudj L slhdd nbt ij mjjojm hn hmofssfbn tlht sucl bidfahtfbn fs

ifnmfna, vhdfm br jn`brcjhidj.

a) SB@H Xujstfbn 3(i) - Whyojnts tb Crjmftbrs wftlfn 67 mhys. ]lj Mjitbrs lhvj

ohmj rjhsbnhidj hnm abbm `hftl j``brts tb fncdumj hdd phyojnts ohmj tb crjmftbrs

wftlfn tlj 67 mhys prjcjmfna tlj Wjtftfbn Mhtj fn tljfr rjspbnsjs tb SB@H 3(i).]b tlj jxtjnt tlj Mjitbrs ijcboj hwhrj tlht tljy lhvj bofttjm hny sucl

phyojnts, tljy wfdd hojnm tlj SB@Hs hccbrmfnady. Hdd hobunts tlht rjohfn

butsthnmfna tb hny crjmftbr dfstjm bn Sthtjojnt Xujstfbn 3 hrj rj`djctjm bnScljmudjs M, J, hnm @ hs hppdfchidj. Hny crjmftbr wfslfna tb vjrf`y hny

butsthnmfna fnmjitjmnjss slbudm rjvfjw tlbsj scljmudjs.

Cjrthfn phyojnts ohmj tb crjmftbrs wjrj ohmj vfh cbrpbrhtj crjmft chrms. ]lbsj

phyojnts tb crjmftbrs wfdd nbt ij rj`djctjm fn tlj Mjitbrs‖ rjspbnsjs tb Xujstfbn3i.

Cjrthfn fntjrcbophny trhnshctfbns hrj hccbuntjm `br tlrbual trhns`jrs b` chsl tbhnm `rbo hpprbprfhtj ihnk hccbunts fn hnm but b` tlj Mjitbrs‖ chsl ohnhajojnt

systjo h`tjr cjrthfn hmeustojnts hrj ohmj tb fntjrcbophny hccbunts rjcjfvhidj

hnm hccbunts phyhidj hobna tlj Mjitbr hnm fts Mjitbr hnm nbn-Mjitbr h``fdfhtjs.

]ljsj phyojnts hnm trhnshctfbns lhvj nbt ijjn dfstjm. Lbwjvjr, rjhmjrs b` tljScljmudjs hnm Sthtjojnts wfslfna tb vjrf`y hny butsthnmfna Fntjrcbophny

Whyhidjs hnm Fntjrcbophny Yjcjfvhidjs slbudm rj`jr tb Scljmudjs I80, M br @, hs

hppdfchidj.




88

l) SB@H Xujstfbn 3(c) – Whyojnts tb Fnsfmjrs wftlfn 8 yjhr. Hdd phyojnts tb

fnsfmjrs lhvj ijjn rjpbrtjm unmjr SB@H 93. ]lj Mjitbrs lhvj ohmj rjhsbnhidj

hnm abbm `hftl j``brts tb fncdumj hdd phyojnts ohmj tb fnsfmjrs wftlfn 8 yjhr prjcjmfna tlj Wjtftfbn Mhtj fn tljfr rjspbnsjs tb SB@H 93. ]b tlj jxtjnt tlj

Mjitbrs ijcboj hwhrj tlht tljy lhvj bofttjm hny sucl phyojnts, tljy wfdd

hojnm tlj SB@Hs hccbrmfnady.

f) SB@H Xujstfbn =(h) - Sufts hnm Hmofnfstrhtfvj Wrbcjjmfnas. ]lj Mjitbrs lhvj

ohmj rjhsbnhidj hnm abbm `hftl j``brts tb fncdumj fn tljfr rjspbnsjs tb SB@H =(h)h cbopdjtj dfst b` hdd dhwsufts hnm dftfahtfbn prbcjjmfnas tb wlfcl tlj Mjitbrs

wjrj h phrty wftlfn tlj bnj (8) yjhr pjrfbm foojmfhtjdy prjcjmfna tlj Wjtftfbn

Mhtj. ]b tlj jxtjnt tlj Mjitbrs ijcboj hwhrj tlht tljy lhvj bofttjm hny sucldhwsufts br prbcjjmfnas, tljy wfdd hojnm tlj SB@Hs hccbrmfnady. @br

cbn`fmjntfhdfty rjhsbns hnm fn cbopdfhncj wftl tlj LVWHH rjqufrjojnts, tlj

Mjitbrs lhvj nbt fncdumjm tlj nhojs hnm btljr pjrsbnhd fn`brohtfbn b` tlj

dftfahnts.

e) SB@H Xujstfbn 93 - Qftlmrhwhds `rbo h phrtnjrslfp br mfstrfiutfbns iy hcbrpbrhtfbn wftlfn bnj yjhr. SB@H 93 fncdumjs phyojnts tb fnsfmjrs fn tlj `brob` cljcks, wfrj trhns`jrs hnm btljr sfofdhr mfsiursjojnts ohmj `rbo ihnk

hccbunts lfstbrfchddy usjm `br phyrbdd hnm btljr jopdbyjj-rjdhtjm mfsiursjojnts.

Fn hmmftfbn, `br cbn`fmjntfhdfty rjhsbns, tlj Mjitbrs lhvj nbt fncdumjm tlj nhojsbr rjdhtfbnslfps b` tlj fnmfvfmuhd tb tlj Mjitbrs. ]lj fn`brohtfbn wfdd ij slhrjm

wftl tlj Ihnkruptcy Cburt, tlj ZS ]rustjj‖s b``fcj hnm btljr hpprbprfhtj phrtfjs

upbn rjqujst.




I1 (B``fcfhd @bro 1) (7=/87)

Znftjm Sthtjs Ihnkruptcy CburtOfmmdj Mfstrfct b` ]jnnjssjj

Fn rj @BYIH NV, DDC Chsj Nb. 89-78:1: (KOD)Mjitbr(s) Clhptjr 88

S]H]JOJN] B@ @FNHNCFHD H@@HFYS

]lfs sthtjojnt fs tb ij cbopdjtjm iy jvjry mjitbr. Spbusjs `fdfna h ebfnt pjtftfbn ohy `fdj h sfnadj sthtjojnt bn wlfcl tlj fn`brohtfbn `bribtl spbusjs fs cboifnjm. F` tlj chsj fs `fdjm unmjr clhptjr 89 br clhptjr 83, h ohrrfjm mjitbr oust `urnfsl fn`brohtfbn `br ibtl spbusjs wljtljr brnbt h ebfnt pjtftfbn fs `fdjm, undjss tlj spbusjs hrj sjphrhtjm hnm h ebfnt pjtftfbn fs nbt `fdjm. Hn fnmfvfmuhd mjitbr jnahajm fn iusfnjss hs h sbdjprbprfjtbr, phrtnjr, `hofdy `hrojr, br sjd`-jopdbyjm prb`jssfbnhd, slbudm prbvfmj tlj fn`brohtfbn rjqujstjm bn tlfs sthtjojnt cbncjrnfna hdd suclhctfvftfjs hs wjdd hs tlj fnmfvfmuhd's pjrsbnhd h``hfrs. ]b fnmfchtj phyojnts, trhns`jrs hnm tlj dfkj tb ofnbr clfdmrjn, sthtj tlj clfdm's fnftfhds hnm tljnhoj hnm hmmrjss b` tlj clfdm's phrjnt br auhrmfhn, sucl hs "H.I., h ofnbr clfdm, iy Ebln Mbj, auhrmfhn." Mb nbt mfscdbsj tlj clfdm's nhoj. Sjj, 88Z.S.C. § 889; @jm. Y. Ihnkr. W. 8771(o).

Xujstfbns 8 - 8< hrj tb ij cbopdjtjm iy hdd mjitbrs. Mjitbrs tlht hrj br lhvj ijjn fn iusfnjss, hs mj`fnjm ijdbw, hdsb oust cbopdjtjXujstfbns 86 - 9:. F` tlj hnswjr tb hn hppdfchidj qujstfbn fs "Nbnj," ohrk tlj ibx dhijdjm "Nbnj." F` hmmftfbnhd sphcj fs njjmjm `br tlj hnswjrtb hny qujstfbn, usj hnm htthcl h sjphrhtj sljjt prbpjrdy fmjntf`fjm wftl tlj chsj nhoj, chsj nuoijr (f` knbwn), hnm tlj nuoijr b` tlj qujstfbn.

MJ@FNF]FBNS

"Fn iusfnjss." H mjitbr fs "fn iusfnjss" `br tlj purpbsj b` tlfs `bro f` tlj mjitbr fs h cbrpbrhtfbn br phrtnjrslfp. Hn fnmfvfmuhd mjitbr fs "fniusfnjss" `br tlj purpbsj b` tlfs `bro f` tlj mjitbr fs br lhs ijjn, wftlfn sfx yjhrs foojmfhtjdy prjcjmfna tlj `fdfna b` tlfs ihnkruptcy chsj, hny b` tlj `bddbwfna5 hn b``fcjr, mfrjctbr, ohnhafna jxjcutfvj, br bwnjr b` : pjrcjnt br obrj b` tlj vbtfna br jqufty sjcurftfjs b` h cbrpbrhtfbn; h phrtnjr,btljr tlhn h dfoftjm phrtnjr, b` h phrtnjrslfp; h sbdj prbprfjtbr br sjd`-jopdbyjm `udd-tfoj br phrt-tfoj. Hn fnmfvfmuhd mjitbr hdsb ohy ij "fn iusfnjss"`br tlj purpbsj b` tlfs `bro f` tlj mjitbr jnahajs fn h trhmj, iusfnjss, br btljr hctfvfty, btljr tlhn hs hn jopdbyjj, tb suppdjojnt fncboj `rbo tljmjitbr's prfohry jopdbyojnt.

"Fnsfmjr." ]lj tjro "fnsfmjr" fncdumjs iut fs nbt dfoftjm tb5 rjdhtfvjs b` tlj mjitbr; ajnjrhd phrtnjrs b` tlj mjitbr hnm tljfr rjdhtfvjs;cbrpbrhtfbns b` wlfcl tlj mjitbr fs hn b``fcjr, mfrjctbr, br pjrsbn fn cbntrbd; b``fcjrs, mfrjctbrs, hnm hny bwnjr b` : pjrcjnt br obrj b` tlj vbtfna brjqufty sjcurftfjs b` h cbrpbrhtj mjitbr hnm tljfr rjdhtfvjs; h``fdfhtjs b` tlj mjitbr hnm fnsfmjrs b` sucl h``fdfhtjs; hny ohnhafna hajnt b` tlj mjitbr. 88Z.S.C. § 878.

Nbnj

8. Fncboj `rbo jopdbyojnt br bpjrhtfbn b` iusfnjss

Sthtj tlj arbss hobunt b` fncboj tlj mjitbr lhs rjcjfvjm `rbo jopdbyojnt, trhmj, br prb`jssfbn, br `rbo bpjrhtfbn b` tlj mjitbr'siusfnjss, fncdumfna phrt-tfoj hctfvftfjs jftljr hs hn jopdbyjj br fn fnmjpjnmjnt trhmj br iusfnjss, `rbo tlj ijafnnfna b` tlfs chdjnmhryjhr tb tlj mhtj tlfs chsj whs cboojncjm. Sthtj hdsb tlj arbss hobunts rjcjfvjm murfna tlj twb yjhrs foojmfhtjdy prjcjmfna tlfschdjnmhr yjhr. (H mjitbr tlht ohfnthfns, br lhs ohfnthfnjm, `fnhncfhd rjcbrms bn tlj ihsfs b` h `fschd rhtljr tlhn h chdjnmhr yjhr ohyrjpbrt `fschd yjhr fncboj. Fmjntf`y tlj ijafnnfna hnm jnmfna mhtjs b` tlj mjitbr's `fschd yjhr.) F` h ebfnt pjtftfbn fs `fdjm, sthtj fncboj `brjhcl spbusj sjphrhtjdy. (Ohrrfjm mjitbrs `fdfna unmjr clhptjr 89 br clhptjr 83 oust sthtj fncboj b` ibtl spbusjs wljtljr br nbt h ebfntpjtftfbn fs `fdjm, undjss tlj spbusjs hrj sjphrhtjm hnm h ebfnt pjtftfbn fs nbt `fdjm.)

HOBZN] SBZYCJ$==,<71.77 V]M 79/98/89 - Njt Yjvjnuj

$8,77:,777.77 @VJ 9788 - Njt Yjvjnuj$9,801,777.77 @VJ 9787 - Njt Yjvjnuj

Nbnj

9. Fncboj btljr tlhn `rbo jopdbyojnt br bpjrhtfbn b` iusfnjss

Sthtj tlj hobunt b` fncboj rjcjfvjm iy tlj mjitbr btljr tlhn `rbo jopdbyojnt, trhmj, prb`jssfbn, br bpjrhtfbn b` tlj mjitbr's iusfnjssmurfna tlj twb yjhrs foojmfhtjdy prjcjmfna tlj cboojncjojnt b` tlfs chsj. Afvj phrtfcudhrs. F` h ebfnt pjtftfbn fs `fdjm, sthtj fncboj `brjhcl spbusj sjphrhtjdy. (Ohrrfjm mjitbrs `fdfna unmjr clhptjr 89 br clhptjr 83 oust sthtj fncboj `br jhcl spbusj wljtljr br nbt h ebfntpjtftfbn fs `fdjm, undjss tlj spbusjs hrj sjphrhtjm hnm h ebfnt pjtftfbn fs nbt `fdjm.)

HOBZN] SBZYCJ

Sb`twhrj Cbpyrfalt (c) 8660-9788 CCL FNCBYWBYH]JM - www.ijstchsj.cbo Ijst Chsj Ihnkruptc




9

Nbnj

3. Whyojnts tb crjmftbrs

Cbopdjtj h. br i., hs hpprbprfhtj, hnm c.

h. Fnmfvfmuhd br ebfnt mjitbr(s) wftl prfohrfdy cbnsuojr mjits. Dfst hdd phyojnts bn dbhns, fnsthddojnt purclhsjs b` abbms br sjrvfcjs,hnm btljr mjits tb hny crjmftbr ohmj wftlfn 67 mhys foojmfhtjdy prjcjmfna tlj cboojncjojnt b` tlfs chsj undjss tlj haarjahtj vhdujb` hdd prbpjrty tlht cbnstftutjs br fs h``jctjm iy sucl trhns`jr fs djss tlhn $077. Fnmfchtj wftl hn (*) hny phyojnts tlht wjrj ohmj tb h

crjmftbr bn hccbunt b` h mbojstfc suppbrt bidfahtfbn br hs phrt b` hn hdtjrnhtfvj rjphyojnt scljmudj unmjr h pdhn iy hn hpprbvjmnbnprb`ft iumajtfna hnm crjmft cbunsjdfna hajncy. (Ohrrfjm mjitbrs `fdfna unmjr clhptjr 89 br clhptjr 83 oust fncdumj phyojnts iyjftljr br ibtl spbusjs wljtljr br nbt h ebfnt pjtftfbn fs `fdjm, undjss tlj spbusjs hrj sjphrhtjm hnm h ebfnt pjtftfbn fs nbt `fdjm.)

NHOJ HNM HMMYJSSB@ CYJMF]BY

MH]JS B@WHVOJN]S HOBZN] WHFM

HOBZN] S]FDDBQFNA

Nbnj

i. Mjitbr wlbsj mjits hrj nbt prfohrfdy cbnsuojr mjits5 Dfst jhcl phyojnt br btljr trhns`jr tb hny crjmftbr ohmj wftlfn 67 mhys

foojmfhtjdy prjcjmfna tlj cboojncjojnt b` tlj chsj undjss tlj haarjahtj vhduj b` hdd prbpjrty tlht cbnstftutjs br fs h``jctjm iy sucltrhns`jr fs djss tlhn $:,<:7*. F` tlj mjitbr fs hn fnmfvfmuhd, fnmfchtj wftl hn hstjrfsk (*) hny phyojnts tlht wjrj ohmj tb h crjmftbr bnhccbunt b` h mbojstfc suppbrt bidfahtfbn br hs phrt b` hn hdtjrnhtfvj rjphyojnt scljmudj unmjr h pdhn iy hn hpprbvjm nbnprb`ftiumajtfna hnm crjmft cbunsjdfna hajncy. (Ohrrfjm mjitbrs `fdfna unmjr clhptjr 89 br clhptjr 83 oust fncdumj phyojnts hnm btljrtrhns`jrs iy jftljr br ibtl spbusjs wljtljr br nbt h ebfnt pjtftfbn fs `fdjm, undjss tlj spbusjs hrj sjphrhtjm hnm h ebfnt pjtftfbn fs nbt`fdjm.)

NHOJ HNM HMMYJSS B@ CYJMF]BY

MH]JS B@WHVOJN]S/ ]YHNS@JYS

HOBZN]WHFM BY

PHDZJ B@]YHNS@JYS

HOBZN] S]FDDBQFNA

Nbnj

c. Hdd mjitbrs5 Dfst hdd phyojnts ohmj wftlfn bnj yjhr foojmfhtjdy prjcjmfna tlj cboojncjojnt b` tlfs chsj tb br `br tlj ijnj`ft b` crjmftbrs wlb hrj br wjrj fnsfmjrs. (Ohrrfjm mjitbrs `fdfna unmjr clhptjr 89 br clhptjr 83 oust fncdumj phyojnts iy jftljr br ibtlspbusjs wljtljr br nbt h ebfnt pjtftfbn fs `fdjm, undjss tlj spbusjs hrj sjphrhtjm hnm h ebfnt pjtftfbn fs nbt `fdjm.)

NHOJ HNM HMMYJSS B@ CYJMF]BY HNMYJDH]FBNSLFW ]B MJI]BY MH]J B@ WHVOJN] HOBZN] WHFM

HOBZN] S]FDDBQFNA

Nbnj

=. Sufts hnm hmofnfstrhtfvj prbcjjmfnas, jxjcutfbns, ahrnfslojnts hnm htthclojnts

h. Dfst hdd sufts hnm hmofnfstrhtfvj prbcjjmfnas tb wlfcl tlj mjitbr fs br whs h phrty wftlfn bnj yjhr foojmfhtjdy prjcjmfna tlj `fdfna b` tlfs ihnkruptcy chsj. (Ohrrfjm mjitbrs `fdfna unmjr clhptjr 89 br clhptjr 83 oust fncdumj fn`brohtfbn cbncjrnfna jftljr br ibtl spbusjswljtljr br nbt h ebfnt pjtftfbn fs `fdjm, undjss tlj spbusjs hrj sjphrhtjm hnm h ebfnt pjtftfbn fs nbt `fdjm.)

CHW]FBN B@ SZF]HNM CHSJ NZOIJY

NH]ZYJ B@WYBCJJMFNA

CBZY] BY HAJNCVHNM DBCH]FBN

S]H]ZS BYMFSWBSF]FBN

Sjj Htthclojnt =h

Nbnj

i. Mjscrfij hdd prbpjrty tlht lhs ijjn htthcljm, ahrnfsljm br sjfzjm unmjr hny djahd br jqufthidj prbcjss wftlfn bnj yjhr foojmfhtjdyprjcjmfna tlj cboojncjojnt b` tlfs chsj. (Ohrrfjm mjitbrs `fdfna unmjr clhptjr 89 br clhptjr 83 oust fncdumj fn`brohtfbn cbncjrnfnaprbpjrty b` jftljr br ibtl spbusjs wljtljr br nbt h ebfnt pjtftfbn fs `fdjm, undjss tlj spbusjs hrj sjphrhtjm hnm h ebfnt pjtftfbn fs nbt`fdjm.)

NHOJ HNM HMMYJSS B@ WJYSBN @BY QLBSJIJNJ@F] WYBWJY]V QHS SJFUJM MH]J B@ SJFUZYJ

MJSCYFW]FBN HNM PHDZJ B@WYBWJY]V

* Hobunt suiejct tb hmeustojnt bn =/78/83, hnm jvjry tlrjj yjhrs tljrjh`tjr wftl rjspjct tb chsjs cboojncjm bn br h`tjr tlj mhtj b` hmeustojnt.


Sjj Htthclojnt 3i




3

Nbnj

:. Yjpbssjssfbns, `brjcdbsurjs hnm rjturns

Dfst hdd prbpjrty tlht lhs ijjn rjpbssjssjm iy h crjmftbr, sbdm ht h `brjcdbsurj shdj, trhns`jrrjm tlrbual h mjjm fn dfju b` `brjcdbsurj brrjturnjm tb tlj sjddjr, wftlfn bnj yjhr foojmfhtjdy prjcjmfna tlj cboojncjojnt b` tlfs chsj. (Ohrrfjm mjitbrs `fdfna unmjr clhptjr 89br clhptjr 83 oust fncdumj fn`brohtfbn cbncjrnfna prbpjrty b` jftljr br ibtl spbusjs wljtljr br nbt h ebfnt pjtftfbn fs `fdjm, undjss tljspbusjs hrj sjphrhtjm hnm h ebfnt pjtftfbn fs nbt `fdjm.)

NHOJ HNM HMMYJSS B@CYJMF]BY BY SJDDJY

MH]J B@ YJWBSSJSSFBN,@BYJCDBSZYJ SHDJ,

]YHNS@JY BY YJ]ZYN


Nbnj

0. Hssfanojnts hnm rjcjfvjrslfps

h. Mjscrfij hny hssfanojnt b` prbpjrty `br tlj ijnj`ft b` crjmftbrs ohmj wftlfn 897 mhys foojmfhtjdy prjcjmfna tlj cboojncjojnt b` tlfs chsj. (Ohrrfjm mjitbrs `fdfna unmjr clhptjr 89 br clhptjr 83 oust fncdumj hny hssfanojnt iy jftljr br ibtl spbusjs wljtljr br nbt h

ebfnt pjtftfbn fs `fdjm, undjss tlj spbusjs hrj sjphrhtjm hnm h ebfnt pjtftfbn fs nbt f̀djm.)

NHOJ HNM HMMYJSS B@ HSSFANJJMH]J B@HSSFANOJN] ]JYOS B@ HSSFANOJN] BY SJ]]DJOJN]

Nbnj

i. Dfst hdd prbpjrty wlfcl lhs ijjn fn tlj lhnms b` h custbmfhn, rjcjfvjr, br cburt-hppbfntjm b``fcfhd wftlfn bnj yjhr foojmfhtjdyprjcjmfna tlj cboojncjojnt b` tlfs chsj. (Ohrrfjm mjitbrs `fdfna unmjr clhptjr 89 br clhptjr 83 oust fncdumj fn`brohtfbn cbncjrnfna

prbpjrty b` jftljr br ibtl spbusjs wljtljr br nbt h ebfnt pjtftfbn fs `fdjm, undjss tlj spbusjs hrj sjphrhtjm hnm h ebfnt pjtftfbn fs nbt`fdjm.)

NHOJ HNM HMMYJSSB@ CZS]BMFHN

NHOJ HNM DBCH]FBNB@ CBZY]

CHSJ ]F]DJ & NZOIJY

MH]J B@BYMJY


Nbnj

1. Af`ts

Dfst hdd af`ts br clhrfthidj cbntrfiutfbns ohmj wftlfn bnj yjhr foojmfhtjdy prjcjmfna tlj cboojncjojnt b` tlfs chsj jxcjpt brmfnhryhnm usuhd af`ts tb `hofdy ojoijrs haarjahtfna djss tlhn $977 fn vhduj pjr fnmfvfmuhd `hofdy ojoijr hnm clhrfthidj cbntrfiutfbnshaarjahtfna djss tlhn $877 pjr rjcfpfjnt. (Ohrrfjm mjitbrs `fdfna unmjr clhptjr 89 br clhptjr 83 oust fncdumj af`ts br cbntrfiutfbns iyjftljr br ibtl spbusjs wljtljr br nbt h ebfnt pjtftfbn fs `fdjm, undjss tlj spbusjs hrj sjphrhtjm hnm h ebfnt pjtftfbn fs nbt `fdjm.)

NHOJ HNM HMMYJSS B@WJYSBN BY BYAHNFUH]FBN

YJDH]FBNSLFW ]BMJI]BY, F@ HNV MH]J B@ AF@]

MJSCYFW]FBN HNMPHDZJ B@ AF@]

Nbnj

<. Dbssjs

Dfst hdd dbssjs `rbo `frj, tlj`t, btljr chsuhdty br ahoidfna wftlfn bnj yjhr foojmfhtjdy prjcjmfna tlj cboojncjojnt b` tlfs chsj br

sfncj tlj cboojncjojnt b` tlfs chsj. (Ohrrfjm mjitbrs `fdfna unmjr clhptjr 89 br clhptjr 83 oust fncdumj dbssjs iy jftljr br ibtlspbusjs wljtljr br nbt h ebfnt pjtftfbn fs `fdjm, undjss tlj spbusjs hrj sjphrhtjm hnm h ebfnt pjtftfbn fs nbt `fdjm.)

MJSCYFW]FBN HNM PHDZJB@ WYBWJY]V

MJSCYFW]FBN B@ CFYCZOS]HNCJS HNM, F@DBSS QHS CBPJYJM FN QLBDJ BY FN WHY]

IV FNSZYHNCJ, AFPJ WHY]FCZDHYS MH]J B@ DBSS

Nbnj

6. Whyojnts rjdhtjm tb mjit cbunsjdfna br ihnkruptcy

Dfst hdd phyojnts ohmj br prbpjrty trhns`jrrjm iy br bn ijlhd` b` tlj mjitbr tb hny pjrsbns, fncdumfna httbrnjys, `br cbnsudthtfbncbncjrnfna mjit cbnsbdfmhtfbn, rjdfj` unmjr tlj ihnkruptcy dhw br prjphrhtfbn b` tlj pjtftfbn fn ihnkruptcy wftlfn bnj yjhr foojmfhtjdyprjcjmfna tlj cboojncjojnt b` tlfs chsj.

NHOJ HNM HMMYJSSB@ WHVJJ

MH]J B@ WHVOJN],NHOJ B@ WHVBY F@ B]LJY

]LHN MJI]BY

HOBZN] B@ OBNJVBY MJSCYFW]FBN HNM PHDZJ

B@ WYBWJY]V


Chsj 3589-ik-78:13 Mbc 98< @fdjm 73/93/89 Jntjrjm 73/93/89 775=1581 Mjsc Ohfn Mbcuojnt Whaj 8= b` 96



=

Nbnj

87. Btljr trhns`jrs

h. Dfst hdd btljr prbpjrty, btljr tlhn prbpjrty trhns`jrrjm fn tlj brmfnhry cbursj b` tlj iusfnjss br `fnhncfhd h``hfrs b` tlj mjitbr,trhns`jrrjm jftljr hisbdutjdy br hs sjcurfty wftlfn twb yjhrs foojmfhtjdy prjcjmfna tlj cboojncjojnt b` tlfs chsj. (Ohrrfjm mjitbrs`fdfna unmjr clhptjr 89 br clhptjr 83 oust fncdumj trhns`jrs iy jftljr br ibtl spbusjs wljtljr br nbt h ebfnt pjtftfbn fs `fdjm, undjss tljspbusjs hrj sjphrhtjm hnm h ebfnt pjtftfbn fs nbt `fdjm.)

NHOJ HNM HMMYJSS B@ ]YHNS@JYJJ,YJDH]FBNSLFW ]B MJI]BY MH]J MJSCYFIJ WYBWJY]V ]YHNS@JYYJM

HNM PHDZJ YJCJFPJM

Nbnj

i. Dfst hdd prbpjrty trhns`jrrjm iy tlj mjitbr wftlfn tjn yjhrs foojmfhtjdy prjcjmfna tlj cboojncjojnt b` tlfs chsj tb h sjd`-sjttdjmtrust br sfofdhr mjvfcj b` wlfcl tlj mjitbr fs h ijnj`fcfhry.

NHOJ B@ ]YZS] BY B]LJYMJPFCJ MH]J(S) B@

]YHNS@JY(S)

HOBZN] B@ OBNJV BY MJSCYFW]FBN HNMPHDZJ B@ WYBWJY]V BY MJI]BY'S FN]JYJS]FN WYBWJY]V

Nbnj

88. Cdbsjm `fnhncfhd hccbunts

Dfst hdd `fnhncfhd hccbunts hnm fnstruojnts ljdm fn tlj nhoj b` tlj mjitbr br `br tlj ijnj`ft b` tlj mjitbr wlfcl wjrj cdbsjm, sbdm, brbtljrwfsj trhns`jrrjm wftlfn bnj yjhr foojmfhtjdy prjcjmfna tlj cboojncjojnt b` tlfs chsj. Fncdumj cljckfna, shvfnas, br btljr`fnhncfhd hccbunts, cjrtf`fchtjs b` mjpbsft, br btljr fnstruojnts; slhrjs hnm slhrj hccbunts ljdm fn ihnks, crjmft unfbns, pjnsfbn `unms,

cbbpjrhtfvjs, hssbcfhtfbns, irbkjrhaj lbusjs hnm btljr `fnhncfhd fnstftutfbns. (Ohrrfjm mjitbrs `fdfna unmjr clhptjr 89 br clhptjr 83 oustfncdumj fn`brohtfbn cbncjrnfna hccbunts br fnstruojnts ljdm iy br `br jftljr br ibtl spbusjs wljtljr br nbt h ebfnt pjtftfbn fs `fdjm,undjss tlj spbusjs hrj sjphrhtjm hnm h ebfnt pjtftfbn fs nbt `fdjm.)

NHOJ HNM HMMYJSS B@ FNS]F]Z]FBN

]VWJ B@ HCCBZN], DHS] @BZYMFAF]S B@ HCCBZN] NZOIJY,

HNM HOBZN] B@ @FNHD IHDHNCJ

HOBZN] HNM MH]J B@ SHDJBY CDBSFNA

Hssbcfhtjm Ihnk337 Jhst Kfdiburn HvjnujOfdwhukjj, QF :3979

Cljckfna-99837<0676=X 9788

Nb ihdhncj

Nbnj

89. Sh`j mjpbsft ibxjs

Dfst jhcl sh`j mjpbsft br btljr ibx br mjpbsftbry fn wlfcl tlj mjitbr lhs br lhm sjcurftfjs, chsl, br btljr vhduhidjs wftlfn bnj yjhr

foojmfhtjdy prjcjmfna tlj cboojncjojnt b` tlfs chsj. (Ohrrfjm mjitbrs `fdfna unmjr clhptjr 89 br clhptjr 83 oust fncdumj ibxjs brmjpbsftbrfjs b` jftljr br ibtl spbusjs wljtljr br nbt h ebfnt pjtftfbn fs ̀ fdjm, undjss tlj spbusjs hrj sjphrhtjm hnm h ebfnt pjtftfbn fs nbt`fdjm.)

NHOJ HNM HMMYJSS B@ IHNKBY B]LJY MJWBSF]BYV

NHOJS HNM HMMYJSSJSB@ ]LBSJ QF]L HCCJSS]B IB\ BY MJWBSF]BYV

MJSCYFW]FBNB@ CBN]JN]S

MH]J B@ ]YHNS@JY BYSZYYJNMJY, F@ HNV

Nbnj

83. Sjtb``s

Dfst hdd sjtb``s ohmj iy hny crjmftbr, fncdumfna h ihnk, hahfnst h mjit br mjpbsft b` tlj mjitbr wftlfn 67 mhys prjcjmfna tljcboojncjojnt b` tlfs chsj. (Ohrrfjm mjitbrs `fdfna unmjr clhptjr 89 br clhptjr 83 oust fncdumj fn`brohtfbn cbncjrnfna jftljr br ibtlspbusjs wljtljr br nbt h ebfnt pjtftfbn fs `fdjm, undjss tlj spbusjs hrj sjphrhtjm hnm h ebfnt pjtftfbn fs nbt `fdjm.)

NHOJ HNM HMMYJSS B@ CYJMF]BY MH]J B@ SJ]B@@ HOBZN] B@ SJ]B@@

Nbnj

8=. Wrbpjrty ljdm ̀ br hnbtljr pjrsbn

Dfst hdd prbpjrty bwnjm iy hnbtljr pjrsbn tlht tlj mjitbr lbdms br cbntrbds.

NHOJ HNM HMMYJSS B@ BQNJY MJSCYFW]FBN HNM PHDZJ B@ WYBWJY]V DBCH]FBN B@ WYBWJY]V


Chsj 3589-ik-78:13 Mbc 98< @fdjm 73/93/89 Jntjrjm 73/93/89 775=1581 Mjsc Ohfn Mbcuojnt Whaj 8: b` 96



:

Nbnj

8:. Wrfbr hmmrjss b` mjitbr

F` tlj mjitbr lhs obvjm wftlfn tlrjj yjhrs foojmfhtjdy prjcjmfna tlj cboojncjojnt b` tlfs chsj, dfst hdd prjofsjs wlfcl tlj mjitbrbccupfjm murfna tlht pjrfbm hnm vhchtjm prfbr tb tlj cboojncjojnt b` tlfs chsj. F` h ebfnt pjtftfbn fs `fdjm, rjpbrt hdsb hny sjphrhtjhmmrjss b` jftljr spbusj.

HMMYJSS NHOJ ZSJM MH]JS B@ BCCZWHNCV

Nbnj

80. Spbusjs hnm @brojr Spbusjs

F` tlj mjitbr rjsfmjs br rjsfmjm fn h cboounfty prbpjrty sthtj, cboobnwjhdtl, br tjrrftbry (fncdumfna Hdhskh, Hrfzbnh, Chdf`brnfh, Fmhlb,Dbufsfhnh, Njvhmh, Njw Ojxfcb, Wujrtb Yfcb, ]jxhs, Qhslfnatbn, br Qfscbnsfn) wftlfn jfalt yjhrs foojmfhtjdy prjcjmfna tljcboojncjojnt b` tlj chsj, fmjntf`y tlj nhoj b` tlj mjitbr‖s spbusj hnm b` hny `brojr spbusj wlb rjsfmjs br rjsfmjm wftl tlj mjitbr fntlj cboounfty prbpjrty sthtj.

NHOJ

81. Jnvfrbnojnthd Fn`brohtfbn.

@br tlj purpbsj b` tlfs qujstfbn, tlj `bddbwfna mj`fnftfbns hppdy5

"Jnvfrbnojnthd Dhw" ojhns hny `jmjrhd, sthtj, br dbchd sthtutj br rjaudhtfbn rjaudhtfna pbddutfbn, cbnthofnhtfbn, rjdjhsjs b` lhzhrmbus

br tbxfc suisthncjs, whstjs br ohtjrfhd fntb tlj hfr, dhnm, sbfd, sur`hcj whtjr, arbunmwhtjr, br btljr ojmfuo, fncdumfna, iut nbt dfoftjm tb,sthtutjs br rjaudhtfbns rjaudhtfna tlj cdjhnup b` tljsj suisthncjs, whstjs, br ohtjrfhd.

"Sftj" ojhns hny dbchtfbn, `hcfdfty, br prbpjrty hs mj`fnjm unmjr hny Jnvfrbnojnthd Dhw, wljtljr br nbt prjsjntdy br `brojrdybwnjm br bpjrhtjm iy tlj mjitbr, fncdumfna, iut nbt dfoftjm tb, mfspbshd sftjs.

"Lhzhrmbus Ohtjrfhd" ojhns hnytlfna mj`fnjm hs h lhzhrmbus whstj, lhzhrmbus suisthncj, tbxfc suisthncj, lhzhrmbus ohtjrfhd,pbdduthnt, br cbnthofnhnt br sfofdhr tjro unmjr hn Jnvfrbnojnthd Dhw

Nbnj

h. Dfst tlj nhoj hnm hmmrjss b` jvjry sftj `br wlfcl tlj mjitbr lhs rjcjfvjm nbtfcj fn wrftfna iy h abvjrnojnthd unft tlht ft ohy ij dfhidjbr pbtjntfhddy dfhidj unmjr br fn vfbdhtfbn b` hn Jnvfrbnojnthd Dhw. Fnmfchtj tlj abvjrnojnthd unft, tlj mhtj b` tlj nbtfcj, hnm, f` knbwn,tlj Jnvfrbnojnthd Dhw5

SF]J NHOJ HNM HMMYJSSNHOJ HNM HMMYJSS B@ABPJYNOJN]HD ZNF]

MH]J B@NB]FCJ

JNPFYBNOJN]HDDHQ

Nbnj

i. Dfst tlj nhoj hnm hmmrjss b` jvjry sftj `br wlfcl tlj mjitbr prbvfmjm nbtfcj tb h abvjrnojnthd unft b` h rjdjhsj b` LhzhrmbusOhtjrfhd. Fnmfchtj tlj abvjrnojnthd unft tb wlfcl tlj nbtfcj whs sjnt hnm tlj mhtj b` tlj nbtfcj.

SF]J NHOJ HNM HMMYJSSNHOJ HNM HMMYJSS B@ABPJYNOJN]HD ZNF]

MH]J B@NB]FCJ

JNPFYBNOJN]HDDHQ

Nbnj

c. Dfst hdd eumfcfhd br hmofnfstrhtfvj prbcjjmfnas, fncdumfna sjttdjojnts br brmjrs, unmjr hny Jnvfrbnojnthd Dhw wftl rjspjct tb wlfcltlj mjitbr fs br whs h phrty. Fnmfchtj tlj nhoj hnm hmmrjss b` tlj abvjrnojnthd unft tlht fs br whs h phrty tb tlj prbcjjmfna, hnm tljmbckjt nuoijr.

NHOJ HNM HMMYJSS B@ABPJYNOJN]HD ZNF] MBCKJ] NZOIJY S]H]ZS BY MFSWBSF]FBN





0

Nbnj

8< . Nhturj, dbchtfbn hnm nhoj b` iusfnjss

h. F` tlj mjitbr fs hn fnmfvfmuhd, dfst tlj nhojs, hmmrjssjs, thxphyjr fmjntf`fchtfbn nuoijrs, nhturj b` tlj iusfnjssjs, hnm ijafnnfna hnmjnmfna mhtjs b` hdd iusfnjssjs fn wlfcl tlj mjitbr whs hn b``fcjr, mfrjctbr, phrtnjr, br ohnhafna jxjcutfvj b` h cbrpbrhtfbn, phrtnjr fn hphrtnjrslfp, sbdj prbprfjtbr, br whs sjd`-jopdbyjm fn h trhmj, prb`jssfbn, br btljr hctfvfty jftljr `udd- br phrt-tfoj wftlfn sfx yjhrs

foojmfhtjdy prjcjmfna tlj cboojncjojnt b` tlfs chsj, br fn wlfcl tlj mjitbr bwnjm : pjrcjnt br obrj b` tlj vbtfna br jqufty sjcurftfjswftlfn sfx yjhrs foojmfhtjdy prjcjmfna tlj cboojncjojnt b` tlfs chsj.

F` tlj mjitbr fs h phrtnjrslfp, dfst tlj nhojs, hmmrjssjs, thxphyjr fmjntf`fchtfbn nuoijrs, nhturj b` tlj iusfnjssjs, hnm ijafnnfna hnmjnmfna mhtjs b` hdd iusfnjssjs fn wlfcl tlj mjitbr whs h phrtnjr br bwnjm : pjrcjnt br obrj b` tlj vbtfna br jqufty sjcurftfjs, wftlfn sfx

yjhrs foojmfhtjdy prjcjmfna tlj cboojncjojnt b` tlfs chsj.

F` tlj mjitbr fs h cbrpbrhtfbn, dfst tlj nhojs, hmmrjssjs, thxphyjr fmjntf`fchtfbn nuoijrs, nhturj b` tlj iusfnjssjs, hnm ijafnnfna hnmjnmfna mhtjs b` hdd iusfnjssjs fn wlfcl tlj mjitbr whs h phrtnjr br bwnjm : pjrcjnt br obrj b` tlj vbtfna br jqufty sjcurftfjs wftlfn sfx

yjhrs foojmfhtjdy prjcjmfna tlj cboojncjojnt b` tlfs chsj.

NHOJ

DHS] @BZY MFAF]S B@SBCFHD-SJCZYF]V BYB]LJY FNMFPFMZHD]H\WHVJY-F.M. NB.(F]FN)/ CBOWDJ]J JFN HMMYJSS NH]ZYJ B@ IZSFNJSS

IJAFNNFNA HNMJNMFNA MH]JS

Nbnj

i. Fmjntf`y hny iusfnjss dfstjm fn rjspbnsj tb suimfvfsfbn h., hibvj, tlht fs "sfnadj hssjt rjhd jsthtj" hs mj`fnjm fn 88 Z.S.C. § 878.

NHOJ HMMYJSS

]lj `bddbwfna qujstfbns hrj tb ij cbopdjtjm iy jvjry mjitbr tlht fs h cbrpbrhtfbn br phrtnjrslfp hnm iy hny fnmfvfmuhd mjitbr wlb fs br lhsijjn, wftlfn sfx yjhrs foojmfhtjdy prjcjmfna tlj cboojncjojnt b` tlfs chsj, hny b` tlj `bddbwfna5 hn b``fcjr, mfrjctbr, ohnhafna jxjcutfvj, brbwnjr b` obrj tlhn : pjrcjnt b` tlj vbtfna br jqufty sjcurftfjs b` h cbrpbrhtfbn; h phrtnjr, btljr tlhn h dfoftjm phrtnjr, b` h phrtnjrslfp, h sbdjprbprfjtbr, br sjd`-jopdbyjm fn h trhmj, prb`jssfbn, br btljr hctfvfty, jftljr `udd- br phrt-tfoj.

(Hn fnmfvfmuhd br ebfnt mjitbr slbudm cbopdjtj tlfs pbrtfbn b` tlj sthtjojnt bndy f` tlj mjitbr fs br lhs ijjn fn iusfnjss, hs mj`fnjm hibvj,

wftlfn sfx yjhrs foojmfhtjdy prjcjmfna tlj cboojncjojnt b` tlfs chsj. H mjitbr wlb lhs nbt ijjn fn iusfnjss wftlfn tlbsj sfx yjhrs slbudm ab

mfrjctdy tb tlj sfanhturj phaj.)

Nbnj

86. Ibbks, rjcbrms hnm ̀ fnhncfhd sthtjojnts

h. Dfst hdd ibbkkjjpjrs hnm hccbunthnts wlb wftlfn twb yjhrs foojmfhtjdy prjcjmfna tlj `fdfna b` tlfs ihnkruptcy chsj kjpt brsupjrvfsjm tlj kjjpfna b` ibbks b` hccbunt hnm rjcbrms b` tlj mjitbr.

NHOJ HNM HMMYJSS MH]JS SJYPFCJS YJNMJYJMIrhm AhrmnjrSjnfbr Pfcj Wrjsfmjnt hnm Cbntrbddjr08< Clurcl Strjjt, Suftj :97Nhslvfddj, ]N 31986

79/97/87 tb Wrjsjnt

Ybmnjy ChwbbmClfj` @fnhncfhd B``fcjr08< Clurcl Strjjt, Suftj :97Nhslvfddj, ]N 31986

79/97/87 tb Wrjsjnt

Nbnj

i. Dfst hdd `fros br fnmfvfmuhds wlb wftlfn tlj twb yjhrs foojmfhtjdy prjcjmfna tlj `fdfna b` tlfs ihnkruptcy chsj lhvj humftjm tlj ibbksb` hccbunt hnm rjcbrms, br prjphrjm h `fnhncfhd sthtjojnt b` tlj mjitbr.

NHOJ HMMYJSS MH]JS SJYPFCJS YJNMJYJMJrnst & Vbuna 8:7 =tl Hvjnuj N #8=77

Nhslvfddj, ]N 31986@VJ 9771 tb 9787 (@fnhncfhd Humft)

@rhsfjr Mjhn & Lbwhrm 3387 Qjst Jnm Hvj #::7Nhslvfddj, ]N 31973

@VJ 977< tb 9787 (Humft b` Jopdbyjj=78k Ijnj`ft Wdhn)





1

Nbnj

c. Dfst hdd `fros br fnmfvfmuhds wlb ht tlj tfoj b` tlj cboojncjojnt b` tlfs chsj wjrj fn pbssjssfbn b` tlj ibbks b` hccbunt hnm rjcbrmsb` tlj mjitbr. F` hny b` tlj ibbks b` hccbunt hnm rjcbrms hrj nbt hvhfdhidj, jxpdhfn.

NHOJ HMMYJSSIrhm Ahrmnjr 08< Clurcl Strjjt, Suftj :97

Nhslvfddj, ]N 31986

Ybmnjy Chwbbm 08< Clurcl Strjjt, Suftj :97

Nhslvfddj, ]N 31986

Nbnj

m. Dfst hdd `fnhncfhd fnstftutfbns, crjmftbrs hnm btljr phrtfjs, fncdumfna ojrchntfdj hnm trhmj hajncfjs, tb wlbo h `fnhncfhd sthtjojnt whsfssujm iy tlj mjitbr wftlfn twb yjhrs foojmfhtjdy prjcjmfna tlj cboojncjojnt b` tlfs chsj.

NHOJ HNM HMMYJSS MH]J FSSZJMSjj Htthclojnt 86m

Nbnj

97. Fnvjntbrfjs

h. Dfst tlj mhtjs b` tlj dhst twb fnvjntbrfjs thkjn b` ybur prbpjrty, tlj nhoj b` tlj pjrsbn wlb supjrvfsjm tlj thkfna b` jhcl fnvjntbry,hnm tlj mbddhr hobunt hnm ihsfs b` jhcl fnvjntbry.

MH]J B@ FNPJN]BYV FNPJN]BYV SZWJYPFSBYMBDDHY HOBZN] B@ FNPJN]BYV(Spjcf`y cbst, ohrkjt br btljr ihsfs)

Nbnj

i. Dfst tlj nhoj hnm hmmrjss b` tlj pjrsbn lhvfna pbssjssfbn b` tlj rjcbrms b` jhcl b` tlj twb fnvjntbrfjs rjpbrtjm fn h., hibvj.

MH]J B@ FNPJN]BYVNHOJ HNM HMMYJSSJS B@ CZS]BMFHN B@ FNPJN]BYVYJCBYMS

Nbnj

98 . Currjnt Whrtnjrs, B``fcjrs, Mfrjctbrs hnm Slhrjlbdmjrs

h. F` tlj mjitbr fs h phrtnjrslfp, dfst tlj nhturj hnm pjrcjnthaj b` phrtnjrslfp fntjrjst b` jhcl ojoijr b` tlj phrtnjrslfp.

NHOJ HNM HMMYJSS NH]ZYJ B@ FN]JYJS] WJYCJN]HAJ B@ FN]JYJS]

Nbnj

i. F` tlj mjitbr fs h cbrpbrhtfbn, dfst hdd b``fcjrs hnm mfrjctbrs b` tlj cbrpbrhtfbn, hnm jhcl stbcklbdmjr wlb mfrjctdy br fnmfrjctdy bwns,cbntrbds, br lbdms : pjrcjnt br obrj b` tlj vbtfna br jqufty sjcurftfjs b` tlj cbrpbrhtfbn.

NHOJ HNM HMMYJSS ]F]DJNH]ZYJ HNM WJYCJN]HAJB@ S]BCK BQNJYSLFW

Sjj Htthclojnt 98i

Nbnj

99 . @brojr phrtnjrs, b``fcjrs, mfrjctbrs hnm slhrjlbdmjrs

h. F` tlj mjitbr fs h phrtnjrslfp, dfst jhcl ojoijr wlb wftlmrjw `rbo tlj phrtnjrslfp wftlfn bnj yjhr foojmfhtjdy prjcjmfna tljcboojncjojnt b` tlfs chsj.

NHOJ HMMYJSS MH]J B@ QF]LMYHQHD

Nbnj

i. F` tlj mjitbr fs h cbrpbrhtfbn, dfst hdd b``fcjrs, br mfrjctbrs wlbsj rjdhtfbnslfp wftl tlj cbrpbrhtfbn tjrofnhtjm wftlfn bnj yjhr

foojmfhtjdy prjcjmfna tlj cboojncjojnt b` tlfs chsj.

NHOJ HNM HMMYJSS ]F]DJ MH]J B@ ]JYOFNH]FBNHddfsbn Dukj Clfj` Cbopdfhncj B``fcjr 7=/96/88

Hd E. Softl Clfj` Bpjrhtfna B``fcjr 89/79/88


Chsj 3589-ik-78:13 Mbc 98< @fdjm 73/93/89 Jntjrjm 73/93/89 775=1581 Mjsc Ohfn Mbcuojnt Whaj 8< b` 96



<

NHOJ HNM HMMYJSS ]F]DJ MH]J B@ ]JYOFNH]FBNIrhnmbn Mysbn Sjnfbr Pfcj Wrjsfmjnt - Luohn

Yjsburcjs70/87/88

Ehsbn Bwjn Sjnfbr Pfcj Wrjsfmjnt -Sbutl/Qjst Yjafbn

89/76/88

Ofclhjd Dfnmdjy Clfj` Jxjcutfvj B``fcjr 88/7</88

Sushn Khssjr Ohnhajr 9788

]bmm Crusj Sjnfbr Pfcj Wrjsfmjnt -Mjvjdbpojnt

89/38/88

Qfddfho Nhsl Jxjcutfvj Pfcj Wrjsfmjnt -Yjafbnhd Bpjrhtfbns

89/8:/88

Nbnj

93 . Qftlmrhwhds ̀ rbo h phrtnjrslfp br mfstrfiutfbns iy h cbrpbrhtfbn

F` tlj mjitbr fs h phrtnjrslfp br cbrpbrhtfbn, dfst hdd wftlmrhwhds br mfstrfiutfbns crjmftjm br afvjn tb hn fnsfmjr, fncdumfna cbopjnshtfbnfn hny `bro, ibnusjs, dbhns, stbck rjmjoptfbns, bptfbns jxjrcfsjm hnm hny btljr pjrqufsftj murfna bnj yjhr foojmfhtjdy prjcjmfna tljcboojncjojnt b` tlfs chsj.

NHOJ & HMMYJSSB@ YJCFWFJN],YJDH]FBNSLFW ]B MJI]BY

MH]J HNM WZYWBSJB@ QF]LMYHQHD

HOBZN] B@ OBNJVBY MJSCYFW]FBN HNMPHDZJ B@ WYBWJY]V

Nbnj

9=. ]hx Cbnsbdfmhtfbn Arbup.

F` tlj mjitbr fs h cbrpbrhtfbn, dfst tlj nhoj hnm `jmjrhd thxphyjr fmjntf`fchtfbn nuoijr b` tlj phrjnt cbrpbrhtfbn b` hny cbnsbdfmhtjmarbup `br thx purpbsjs b` wlfcl tlj mjitbr lhs ijjn h ojoijr ht hny tfoj wftlfn sfx yjhrs foojmfhtjdy prjcjmfna tlj cboojncjojntb` tlj chsj.

NHOJ B@ WHYJN] CBYWBYH]FBN ]H\WHVJY FMJN]F@FCH]FBN NZOIJY (JFN)Sjj Htthclojnt 9=

Nbnj

9:. Wjnsfbn @unms.

F` tlj mjitbr fs nbt hn fnmfvfmuhd, dfst tlj nhoj hnm `jmjrhd thxphyjr-fmjntf`fchtfbn nuoijr b` hny pjnsfbn `unm tb wlfcl tlj mjitbr, hs hnjopdbyjr, lhs ijjn rjspbnsfidj `br cbntrfiutfna ht hny tfoj wftlfn sfx yjhrs foojmfhtjdy prjcjmfna tlj cboojncjojnt b` tlj chsj.

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W. Kjvfn Djyjnmjckjr

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Dftfahnt(s) Nbs. 7773 - 7789 Hdihny Hccjss Mjntfstry, WDDC Whtrfck E. Lfaafns Wjnmfna



Hdihny, NV 89971

W. Kjvfn Dj jnmjckjr Obrfhrt Dj jnmjckjr WC=973 Obntrbsj Idvm., Suftj 8:7Lbustbn, ]\ 11770

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Dftfahnt(s) Nbs. 7783 - 7799 Whtrfck E. Lfaafns Wjnmfna



Hdihny, NV 89971




Lbustbn, ]\ 11770


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Chsj Nb. 89-78:1: (KO

@BYIH NV, DDC


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Dftfahnt(s) Nbs. 7793 - 7739 Whtrfck E. Lfaafns Wjnmfna



Hdihny, NV 89971




Lbustbn, ]\ 11770


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Lbustbn, ]\ 11770

Dftfahtfbn - ]lrjhtjnjm

Whtrfck E. Lfaafns Wjnmfna



Hdihny, NV 89971




Lbustbn, ]\ 11770

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Lbustbn, ]\ 11770

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Chsj Nb. 89-78:1: (KOD

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Nhslvfddj, ]N 31986

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08< Clurcl Strjjt, Suftj :97 ]hx hnm ]rjhsury

Nhslvfddj, ]N 31986

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08< Clurcl Strjjt, Suftj :97

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08< Clurcl Strjjt, Suftj :97 Cbopdfhncj

Nhslvfddj, ]N 31986

Clurcl Strjjt Ljhdtl Ohnhajojnt, DDC Ojoijr 877% Cboobn Fntjrj


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@BYIH NV, DDC


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Nhslvfddj, ]N 31986

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Nhslvfddj, ]N 31986

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Nhslvfddj, ]N 31986

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Nhslvfddj, ]N 31986

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Chsj Nb. 89-78:1: (KOD)

(9=) ]hx Cbnsbd fmhtfbn Arbup

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H]]HCLOJN] 9=

Statement of Financial Affairs FORBA NY, LLC - Doc 218

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Transcript of Statement of Financial Affairs FORBA NY, LLC - Doc 218