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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
Case 16-11242-BLS Doc 735 Filed 01/30/17 Page 2 of 10
FORM MOR-1 a(04/07)
Case 16-11242-BLS Doc 735 Filed 01/30/17 Page 3 of 10
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)
Case 16-11242-BLS Doc 735 Filed 01/30/17 Page 4 of 10
In re Phoenix North LLC Case No. 16-11244
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.
Case 16-11242-BLS Doc 735 Filed 01/30/17 Page 5 of 10
In re Phoenix North LLC Case No. 16-11244
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.
Case 16-11242-BLS Doc 735 Filed 01/30/17 Page 6 of 10
In re Phoenix North LLC Case No. 16-11244
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.
Case 16-11242-BLS Doc 735 Filed 01/30/17 Page 7 of 10
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)
Case 16-11242-BLS Doc 735 Filed 01/30/17 Page 8 of 10
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.
Case 16-11242-BLS Doc 735 Filed 01/30/17 Page 9 of 10
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
Case 16-11242-BLS Doc 735 Filed 01/30/17 Page 10 of 10