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Indiana
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47-4850538
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(State or other jurisdiction
of incorporation)
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(IRS Employer
Identification No.)
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◻
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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◻
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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◻
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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◻
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Title of each class
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Trading Symbol(s)
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Name of each exchange on which registered
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Common Stock
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HGGGQ
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OTCMKTS
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Exhibit No.
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|
Description
|
99.1
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Monthly Operating Report for the Period from April 1, 2023 to April 30, 2023 – Gregg Appliances, Inc.
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99.2
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Monthly Operating Report for the Period from April 1, 2023 to April 30, 2023 – hhgregg, Inc.
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99.3
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Monthly Operating Report for the Period from April 1, 2023 to April 30, 2023 – HHG Distributing LLC.
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hhgregg, Inc.
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Date: May 23, 2023
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By:
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/s/ Kevin J. Kovacs
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Kevin J. Kovacs
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|
|
President, Chief Executive Officer and Chief Financial Officer
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Exhibit No.
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|
Description
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In Re. GREGG APPLIANCES, INC.
|
§
§ § § |
Case No. 17-01303
|
|||
Lead Case No. 17-01302
|
|||||
Debtor(s)
|
|||||
☒ Jointly Administered |
Monthly Operating Report |
Chapter 11
|
Reporting Period Ended: 4/30/2023 |
Petition Date: 03/06/2017 |
Months Pending: 75
|
Industry Classification:
|
4
|
4
|
3
|
1
|
Reporting Method: |
Accrual Basis ☒ | Cash Basis ☐ | ||||
Debtor's Full-Time Employees (current): | 1 | |||||
Debtor's Full-Time Employees (as of date of order for relief): |
3,500 | |||||
/s/ Jeffrey A. Hokanson
|
Jeffrey A. Hokanson
|
|
Signature of Responsible Party
|
Printed Name of Responsible Party
|
|
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|
|
05/22/2023
|
||
Date
|
Ice Miller LLP
One American Square, Suite 2900
Indianapolis, IN 46282
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|
|
Address
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Debtor's Name
|
GREGG APPLIANCES, INC. | Case No. 17-01303 |
Part 1: Cash Receipts and Disbursements
|
Current Month
|
Cumulative
|
|
a. Cash balance beginning of month
|
$7,291,692
|
||
b. Total receipts (net of transfers between accounts)
|
$9,871
|
$39,518,689
|
|
c. Total disbursements (net of transfers between accounts)
|
$22,239
|
$155,198,338
|
|
d. Cash balance end of month (a+b-c)
|
$7,279,324
|
||
e. Disbursements made by third party for the benefit of the estate
|
$0
|
$0
|
|
f. Total disbursements for quarterly fee calculation (c+e)
|
$22,239
|
$155,198,338
|
Part 2: Asset and Liability Status Current Month
(Not generally applicable to Individual Debtors. See Instructions.)
|
a. Accounts receivable (total net of allowance)
|
$5,954,425
|
||
b. Accounts receivable over 90 days outstanding (net of allowance) |
$5,954,425
|
||
c. Inventory (Book ☐ Market ☐ Other ☒ (attach explanation))
|
$0
|
||
d. Total current assets
|
$20,711,383
|
||
e. Total assets
|
$20,711,383
|
||
f. Postpetition payables (excluding taxes)
|
$10,245,050
|
||
g. Postpetition payables past due (excluding taxes)
|
$10,244,448
|
||
h. Postpetition taxes payable
|
$936,366
|
||
i. Postpetition taxes past due
|
$936,244
|
||
j. Total postpetition debt (f+h)
|
$11,181,416
|
||
k. Prepetition secured debt
|
$0
|
||
l. Prepetition priority debt
|
$0
|
||
m. Prepetition unsecured debt
|
$191,198,909
|
||
n. Total liabilities (debt) (j+k+l+m)
|
$202,380,325
|
||
o. Ending equity/net worth (e-n)
|
$-181,668,942
|
Part 3: Assets Sold or Transferred
|
Current Month | Cumulative | |
a. Total cash sales price for assets sold/transferred outside the ordinary
course of business
|
$0
|
$9,514,845
|
|
b. Total payments to third parties incident to assets being sold/transferred
outside the ordinary course of business
|
$0 |
$443,274
|
|
c. Net cash proceeds from assets sold/transferred outside the ordinary
course of business (a-b)
|
$0
|
$9,071,571
|
|
Part 4: Income Statement (Statement of Operations)
(Not generally applicable to Individual Debtors. See Instructions.)
|
Current Month
|
Cumulative
|
|
a. Gross income/sales (net of returns and allowances)
|
$0
|
||
b. Cost of goods sold (inclusive of depreciation, if applicable)
|
$0
|
||
c. Gross profit (a-b)
|
$0
|
||
d. Selling expenses
|
$0
|
||
e. General and administrative expenses
|
$-29,474
|
||
f. Other expenses
|
$0
|
||
g. Depreciation and/or amortization (not included in 4b)
|
$0
|
||
h. Interest
|
$9,872
|
||
i. Taxes (local, state, and federal)
|
$0
|
||
j. Reorganization items
|
$0
|
||
k. Profit (loss)
|
$-19,602
|
$-109,394,301
|
Debtor's Name
|
GREGG APPLIANCES, INC. | Case No. 17-01303 |
Part 5: Professional Fees and Expenses
|
a.
|
Approved Current Month
|
Approved
Cumulative
|
Paid Current
Month
|
Paid
Cumulative
|
|||
Debtor's professional fees & expenses (bankruptcy) Aggregate Total
|
$0
|
$13,204,339
|
$15,979
|
$19,125,844
|
|||
Itemized Breakdown by Firm
|
|||||||
Firm Name
|
Role
|
||||||
i
|
MORGAN, LEWIS & BOCKIU
|
Lead Counsel
|
$0
|
$2,778,932
|
$0
|
$2,519,564
|
|
ii
|
STIFEL, NICOLAUS & COMP
|
Financial Professional
|
$0
|
$0
|
$0
|
$700,000
|
|
iii
|
BERKELEY RESEARCH GRO
|
Financial Professional
|
$0
|
$2,423,421
|
$0
|
$2,394,421
|
|
iv
|
DONLIN, RECANO & COMPA
|
Other |
$0
|
$0
|
$0
|
$1,383,034
|
|
v
|
ICE MILLER LLP
|
Local Counsel
|
$0
|
$2,007,146
|
$0
|
$1,992,794
|
|
vi
|
BINGHAM GREENBAUM DO
|
Special Counsel
|
$0
|
$234,875
|
$0
|
$212,658
|
|
vii
|
COOLEY LLP
|
Special Counsel
|
$0
|
$2,557,805
|
$0
|
$2,567,066
|
|
viii
|
PROVINCE, INC.
|
Financial Professional
|
$0
|
$556,352
|
$0
|
$583,198
|
|
ix
|
DLA PIPER LLP US
|
Other
|
$0
|
$5,452
|
$0
|
$2,549,550
|
|
x
|
FAEGRE DRINKER BIDDLE
|
Special Counsel
|
$0
|
$0
|
$0
|
$424,058
|
|
xi
|
CHOATE HALL & STEWART
|
Special Counsel
|
$0
|
$0
|
$0
|
$902,972
|
|
xii
|
ASK LLP
|
Other
|
$0
|
$0
|
$1,020
|
$719,731
|
|
xiii
|
GREAT AMERICAN GROUP
|
Other
|
$0
|
$0
|
$0
|
$368,689
|
|
xiv
|
GAVIN SOLMENESE LLC
|
Other
|
$0
|
$136,472
|
$0
|
$21,648
|
|
xv
|
CHIPMAN BROWN CICERO
|
Special Counsel
|
$0
|
$2,503,884
|
$14,959
|
$1,786,461
|
b.
c.
|
Approved Current Month
|
Approved
Cumulative
|
Paid Current
Month
|
Paid
Cumulative
|
|||
Debtor's professional fees & expenses (nonbankruptcy) Aggregate Total
|
|||||||
Itemized Breakdown by Firm
|
|||||||
Firm Name
|
Role
|
||||||
i
|
|||||||
ii
|
|||||||
All professional fees and expenses (debtor & committees)
|
Part 6: Postpetition Taxes
|
Current Month
|
Cumulative
|
||
a. Postpetition income taxes accrued (local, state, and federal)
|
$0
|
$0
|
||
b. Postpetition income taxes paid (local, state, and federal)
|
$0
|
$0
|
||
c. Postpetition employer payroll taxes accrued
|
$249
|
$2,394,010
|
||
d. Postpetition employer payroll taxes paid
|
$-235
|
$-2,833,238
|
||
e. Postpetition property taxes paid
|
$0
|
$0
|
||
f. Postpetition other taxes accrued (local, state, and federal)
|
$0
|
$0
|
||
g. Postpetition other taxes paid (local, state, and federal)
|
$0
|
$0
|
Part 7: Questionnaire - During this reporting period:
|
|
a. Were any payments made on prepetition debt? (if yes, see Instructions)
|
Yes ☐ No ☒ |
b. Were any payments made outside the ordinary course of business
|
Yes ☐ No ☒ |
without court approval? (if yes, see Instructions)
|
|
c. Were any payments made to or on behalf of insiders?
|
Yes ☐ No ☒ |
Debtor's Name
|
GREGG APPLIANCES, INC. | Case No. 17-01303 |
d. Are you current on postpetition tax return filings?
|
Yes ☒ No ☐ |
e. Are you current on postpetition estimated tax payments?
|
Yes ☒ No ☐ |
f. Were all trust fund taxes remitted on a current basis?
|
Yes ☒ No ☐ |
g. Was there any postpetition borrowing, other than trade credit?
|
Yes ☐ No ☒ |
(if yes, see Instructions)
|
|
h. Were all payments made to or on behalf of professionals approved by
|
Yes ☒ No ☐ N/A ☐ |
the court?
|
|
i. Do you have: Worker's compensation insurance?
|
Yes ☒ No ☐ |
If yes, are your premiums current?
|
Yes ☒ No ☐ N/A ☐ (if no, see Instructions) |
Casualty/property insurance?
|
Yes ☒ No ☐ |
If yes, are your premiums current?
|
Yes ☒ No ☐ N/A ☐ (if no, see Instructions) |
General liability insurance?
|
Yes ☒ No ☐ |
If yes, are your premiums current?
|
Yes ☒ No ☐ N/A ☐ (if no, see Instructions) |
j. Has a plan of reorganization been filed with the court?
|
Yes ☐ No ☒ |
k. Has a disclosure statement been filed with the court?
|
Yes ☒ No ☐ |
l. Are you current with quarterly U.S. Trustee fees as
|
Yes ☒ No ☐ |
set forth under 28 U.S.C. § 1930?
|
Part 8: Individual Chapter 11 Debtors (Only)
|
|||
a. Gross income (receipts) from salary and wages
|
$0 | ||
b. Gross income (receipts) from self-employment
|
$0 | ||
c. Gross income from all other sources
|
$0 | ||
d. Total income in the reporting period (a+b+c)
|
$0 | ||
e. Payroll deductions
|
$0 | ||
f. Self-employment related expenses
|
$0 | ||
g. Living expenses
|
$0 | ||
h. All other expenses
|
$0 | ||
i. Total expenses in the reporting period (e+f+g+h)
|
$0 | ||
j. Difference between total income and total expenses (d-i)
|
$0 | ||
k. List the total amount of all postpetition debts that are past due
|
$0 | ||
l. Are you required to pay any Domestic Support Obligations as defined by 11
|
Yes ☐ No ☒ | |
|
U.S.C § 101(14A)?
|
|||
m. If yes, have you made all Domestic Support Obligation payments?
|
Yes ☐ No ☐ N/A ☒ | |
Debtor's Name
|
GREGG APPLIANCES, INC. | Case No. 17-01303 |
/s/ Kevin Kovacs
|
Kevin Kovacs
|
|
Signature of Responsible Party
|
Printed Name of Responsible Party
|
|
|
|
|
Chief Financial Officer
|
05/21/2023
|
|
Title
|
Date
|
|
|
In Re. HHGREGG, INC.
|
§
§ § § |
Case No. 17-01302
|
|||
Lead Case No. 17-01302
|
|||||
Debtor(s)
|
|||||
☒ Jointly Administered |
Monthly Operating Report |
Chapter 11
|
Reporting Period Ended: 04/30/2023 |
Petition Date: 03/06/2017 |
Months Pending: 75
|
Industry Classification:
|
4
|
4
|
3
|
1
|
Reporting Method: |
Accrual Basis ☒ | Cash Basis ☐ | ||||
Debtor's Full-Time Employees (current): | 0 | |||||
Debtor's Full-Time Employees (as of date of order for relief): |
0 | |||||
/s/ Jeffrey A. Hokanson
|
Jeffrey A. Hokanson
|
|
Signature of Responsible Party
|
Printed Name of Responsible Party
|
|
|
|
|
05/22/2023
|
||
Date
|
Ice Miller LLP
One American Square, Suite 2900
Indianapolis, IN 46282
|
|
|
Address
|
Debtor's Name
|
HHGREGG, INC. | Case No. 17-01302 |
Part 1: Cash Receipts and Disbursements
|
Current Month
|
Cumulative
|
|
a. Cash balance beginning of month
|
$0
|
||
b. Total receipts (net of transfers between accounts)
|
$0
|
$0
|
|
c. Total disbursements (net of transfers between accounts)
|
$0
|
$0
|
|
d. Cash balance end of month (a+b-c)
|
$0
|
||
e. Disbursements made by third party for the benefit of the estate
|
$0
|
$0
|
|
f. Total disbursements for quarterly fee calculation (c+e)
|
$0
|
$0
|
Part 2: Asset and Liability Status Current Month
(Not generally applicable to Individual Debtors. See Instructions.)
|
a. Accounts receivable (total net of allowance)
|
$0
|
||
b. Accounts receivable over 90 days outstanding (net of allowance) |
$0
|
||
c. Inventory (Book ☐ Market ☐ Other ☒ (attach explanation))
|
$0
|
||
d. Total current assets
|
$0
|
||
e. Total assets
|
$0
|
||
f. Postpetition payables (excluding taxes)
|
$0
|
||
g. Postpetition payables past due (excluding taxes)
|
$0
|
||
h. Postpetition taxes payable
|
$0
|
||
i. Postpetition taxes past due
|
$0
|
||
j. Total postpetition debt (f+h)
|
$0
|
||
k. Prepetition secured debt
|
$0
|
||
l. Prepetition priority debt
|
$0
|
||
m. Prepetition unsecured debt
|
$0
|
||
n. Total liabilities (debt) (j+k+l+m)
|
$0
|
||
o. Ending equity/net worth (e-n)
|
$0
|
Part 3: Assets Sold or Transferred
|
Current Month | Cumulative | |
a. Total cash sales price for assets sold/transferred outside the ordinary
course of business
|
$0
|
$0
|
|
b. Total payments to third parties incident to assets being sold/transferred
outside the ordinary course of business
|
$0 |
$0
|
|
c. Net cash proceeds from assets sold/transferred outside the ordinary
course of business (a-b)
|
$0
|
$0
|
|
Part 4: Income Statement (Statement of Operations)
(Not generally applicable to Individual Debtors. See Instructions.)
|
Current Month
|
Cumulative
|
|
a. Gross income/sales (net of returns and allowances)
|
$0
|
||
b. Cost of goods sold (inclusive of depreciation, if applicable)
|
$0
|
||
c. Gross profit (a-b)
|
$0
|
||
d. Selling expenses
|
$0
|
||
e. General and administrative expenses
|
$0
|
||
f. Other expenses
|
$0
|
||
g. Depreciation and/or amortization (not included in 4b)
|
$0
|
||
h. Interest
|
$0
|
||
i. Taxes (local, state, and federal)
|
$0
|
||
j. Reorganization items
|
$0
|
||
k. Profit (loss)
|
$0
|
$0
|
Debtor's Name
|
HHGREGG, INC. | Case No. 17-01302 |
Part 5: Professional Fees and Expenses
|
a.
|
Approved Current Month
|
Approved
Cumulative
|
Paid Current
Month
|
Paid
Cumulative
|
|||
Debtor's professional fees & expenses (bankruptcy) Aggregate Total
|
$0
|
$13,204,339
|
$0
|
$0
|
|||
Itemized Breakdown by Firm
|
|||||||
Firm Name
|
Role
|
||||||
i
|
MORGAN, LEWIS & BOCKIU
|
Lead Counsel
|
$0
|
$2,778,932
|
$0
|
$0
|
|
ii
|
STIFEL, NICOLAUS & COMP
|
Financial Professional
|
$0
|
$0
|
$0
|
$0
|
|
iii
|
BERKELEY RESEARCH GRO
|
Financial Professional
|
$0
|
$2,423,421
|
$0
|
$0
|
|
iv
|
DONLIN, RECANO & COMPA
|
Other |
$0
|
$0
|
$0
|
$0
|
|
v
|
ICE MILLER LLP
|
Local Counsel
|
$0
|
$2,007,146
|
$0
|
$0
|
|
vi
|
BINGHAM GREENBAUM DO
|
Special Counsel
|
$0
|
$234,875
|
$0
|
$0
|
|
vii
|
COOLEY LLP
|
Special Counsel
|
$0
|
$2,557,805
|
$0
|
$0
|
|
viii
|
PROVINCE, INC.
|
Financial Professional
|
$0
|
$556,352
|
$0
|
$0
|
|
ix
|
DLA PIPER LLP US
|
Other
|
$0
|
$5,452
|
$0
|
$0
|
|
x
|
FAEGRE DRINKER BIDDLE
|
Special Counsel
|
$0
|
$0
|
$0
|
$0
|
|
xi
|
CHOATE HALL & STEWART
|
Special Counsel
|
$0
|
$0
|
$0
|
$0
|
|
xii
|
ASK LLP
|
Other
|
$0
|
$0
|
$0
|
$0
|
|
xiii
|
GREAT AMERICAN GROUP
|
Other
|
$0
|
$0
|
$0
|
$0
|
|
xiv
|
GAVIN SOLMENESE LLC
|
Other
|
$0
|
$136,472
|
$0
|
$0
|
|
xv
|
CHIPMAN BROWN CICERO
|
Special Counsel
|
$0
|
$2,503,884
|
$0
|
$0
|
b.
c.
|
Approved Current Month
|
Approved
Cumulative
|
Paid Current
Month
|
Paid
Cumulative
|
|||
Debtor's professional fees & expenses (nonbankruptcy) Aggregate Total
|
|||||||
Itemized Breakdown by Firm
|
|||||||
Firm Name
|
Role
|
||||||
i
|
|||||||
ii
|
|||||||
All professional fees and expenses (debtor & committees)
|
Part 6: Postpetition Taxes
|
Current Month
|
Cumulative
|
||
a. Postpetition income taxes accrued (local, state, and federal)
|
$0
|
$0
|
||
b. Postpetition income taxes paid (local, state, and federal)
|
$0
|
$0
|
||
c. Postpetition employer payroll taxes accrued
|
$0
|
$0
|
||
d. Postpetition employer payroll taxes paid
|
$0
|
$0
|
||
e. Postpetition property taxes paid
|
$0
|
$0
|
||
f. Postpetition other taxes accrued (local, state, and federal)
|
$0
|
$0
|
||
g. Postpetition other taxes paid (local, state, and federal)
|
$0
|
$0
|
Part 7: Questionnaire - During this reporting period:
|
|
a. Were any payments made on prepetition debt? (if yes, see Instructions)
|
Yes ☐ No ☒ |
b. Were any payments made outside the ordinary course of business
|
Yes ☐ No ☒ |
without court approval? (if yes, see Instructions)
|
|
c. Were any payments made to or on behalf of insiders?
|
Yes ☐ No ☒ |
Debtor's Name
|
HHGREGG, INC. | Case No. 17-01302 |
d. Are you current on postpetition tax return filings?
|
Yes ☒ No ☐ |
e. Are you current on postpetition estimated tax payments?
|
Yes ☒ No ☐ |
f. Were all trust fund taxes remitted on a current basis?
|
Yes ☒ No ☐ |
g. Was there any postpetition borrowing, other than trade credit?
|
Yes ☐ No ☒ |
(if yes, see Instructions)
|
|
h. Were all payments made to or on behalf of professionals approved by
|
Yes ☒ No ☐ N/A ☐ |
the court?
|
|
i. Do you have: Worker's compensation insurance?
|
Yes ☒ No ☐ |
If yes, are your premiums current?
|
Yes ☒ No ☐ N/A ☐ (if no, see Instructions) |
Casualty/property insurance?
|
Yes ☒ No ☐ |
If yes, are your premiums current?
|
Yes ☒ No ☐ N/A ☐ (if no, see Instructions) |
General liability insurance?
|
Yes ☒ No ☐ |
If yes, are your premiums current?
|
Yes ☒ No ☐ N/A ☐ (if no, see Instructions) |
j. Has a plan of reorganization been filed with the court?
|
Yes ☐ No ☒ |
k. Has a disclosure statement been filed with the court?
|
Yes ☒ No ☐ |
l. Are you current with quarterly U.S. Trustee fees as
|
Yes ☒ No ☐ |
set forth under 28 U.S.C. § 1930?
|
Part 8: Individual Chapter 11 Debtors (Only)
|
|||
a. Gross income (receipts) from salary and wages
|
$0 | ||
b. Gross income (receipts) from self-employment
|
$0 | ||
c. Gross income from all other sources
|
$0 | ||
d. Total income in the reporting period (a+b+c)
|
$0 | ||
e. Payroll deductions
|
$0 | ||
f. Self-employment related expenses
|
$0 | ||
g. Living expenses
|
$0 | ||
h. All other expenses
|
$0 | ||
i. Total expenses in the reporting period (e+f+g+h)
|
$0 | ||
j. Difference between total income and total expenses (d-i)
|
$0 | ||
k. List the total amount of all postpetition debts that are past due
|
$0 | ||
l. Are you required to pay any Domestic Support Obligations as defined by 11
|
Yes ☐ No ☒ | |
|
U.S.C § 101(14A)?
|
|||
m. If yes, have you made all Domestic Support Obligation payments?
|
Yes ☐ No ☐ N/A ☒ | |
Debtor's Name
|
HHGREGG, INC. | Case No. 17-01302 |
/s/ Kevin Kovacs
|
Kevin Kovacs
|
|
Signature of Responsible Party
|
Printed Name of Responsible Party
|
|
|
|
|
Chief Financial Officer
|
05/21/2023 | |
Title
|
Date
|
|
|
In Re. HHG DISTRIBUTING LLC
|
§
§ § § |
Case No. 17-01304
|
|||
Lead Case No. 17-01302
|
|||||
Debtor(s)
|
|||||
☒ Jointly Administered |
Monthly Operating Report |
Chapter 11
|
Reporting Period Ended: 04/30/2023 |
Petition Date: 03/06/2017 |
Months Pending: 75
|
Industry Classification:
|
4
|
4
|
3
|
1
|
Reporting Method: |
Accrual Basis ☒ | Cash Basis ☐ | ||||
Debtor's Full-Time Employees (current): | 0 | |||||
Debtor's Full-Time Employees (as of date of order for relief): |
0 | |||||
/s/ Jeffrey A. Hokanson
|
Jeffrey A. Hokanson
|
|
Signature of Responsible Party
|
Printed Name of Responsible Party
|
|
|
|
|
05/22/2023
|
||
Date
|
Ice Miller LLP
One American Square, Suite 2900
Indianapolis, IN 46282
|
|
|
Address
|
Debtor's Name
|
HHG DISTRIBUTING LLC | Case No. 17-01304 |
Part 1: Cash Receipts and Disbursements
|
Current Month
|
Cumulative
|
|
a. Cash balance beginning of month
|
$0
|
||
b. Total receipts (net of transfers between accounts)
|
$0
|
$0
|
|
c. Total disbursements (net of transfers between accounts)
|
$0
|
$0
|
|
d. Cash balance end of month (a+b-c)
|
$0
|
||
e. Disbursements made by third party for the benefit of the estate
|
$0
|
$0
|
|
f. Total disbursements for quarterly fee calculation (c+e)
|
$0
|
$0
|
Part 2: Asset and Liability Status Current Month
(Not generally applicable to Individual Debtors. See Instructions.)
|
a. Accounts receivable (total net of allowance)
|
$0
|
||
b. Accounts receivable over 90 days outstanding (net of allowance) |
$0
|
||
c. Inventory (Book ☐ Market ☐ Other ☒ (attach explanation))
|
$0
|
||
d. Total current assets
|
$0
|
||
e. Total assets
|
$0
|
||
f. Postpetition payables (excluding taxes)
|
$0
|
||
g. Postpetition payables past due (excluding taxes)
|
$0
|
||
h. Postpetition taxes payable
|
$0
|
||
i. Postpetition taxes past due
|
$0
|
||
j. Total postpetition debt (f+h)
|
$0
|
||
k. Prepetition secured debt
|
$0
|
||
l. Prepetition priority debt
|
$0
|
||
m. Prepetition unsecured debt
|
$0
|
||
n. Total liabilities (debt) (j+k+l+m)
|
$0
|
||
o. Ending equity/net worth (e-n)
|
$0
|
Part 3: Assets Sold or Transferred
|
Current Month | Cumulative | |
a. Total cash sales price for assets sold/transferred outside the ordinary
course of business
|
$0
|
$0
|
|
b. Total payments to third parties incident to assets being sold/transferred
outside the ordinary course of business
|
$0 |
$0
|
|
c. Net cash proceeds from assets sold/transferred outside the ordinary
course of business (a-b)
|
$0
|
$0
|
|
Part 4: Income Statement (Statement of Operations)
(Not generally applicable to Individual Debtors. See Instructions.)
|
Current Month
|
Cumulative
|
|
a. Gross income/sales (net of returns and allowances)
|
$0
|
||
b. Cost of goods sold (inclusive of depreciation, if applicable)
|
$0
|
||
c. Gross profit (a-b)
|
$0
|
||
d. Selling expenses
|
$0
|
||
e. General and administrative expenses
|
$0
|
||
f. Other expenses
|
$0
|
||
g. Depreciation and/or amortization (not included in 4b)
|
$0
|
||
h. Interest
|
$0
|
||
i. Taxes (local, state, and federal)
|
$0
|
||
j. Reorganization items
|
$0
|
||
k. Profit (loss)
|
$0
|
$0
|
Debtor's Name
|
HHG DISTRIBUTING LLC | Case No. 17-01304 |
Part 5: Professional Fees and Expenses
|
a.
|
Approved Current Month
|
Approved
Cumulative
|
Paid Current
Month
|
Paid
Cumulative
|
|||
Debtor's professional fees & expenses (bankruptcy) Aggregate Total
|
$0
|
$13,204,339
|
$0
|
$0
|
|||
Itemized Breakdown by Firm
|
|||||||
Firm Name
|
Role
|
||||||
i
|
MORGAN, LEWIS & BOCKIU
|
Lead Counsel
|
$0
|
$2,778,932
|
$0
|
$0
|
|
ii
|
STIFEL, NICOLAUS & COMP
|
Financial Professional
|
$0
|
$0
|
$0
|
$0
|
|
iii
|
BERKELEY RESEARCH GRO
|
Financial Professional
|
$0
|
$2,423,421
|
$0
|
$0
|
|
iv
|
DONLIN, RECANO & COMPA
|
Other |
$0
|
$0
|
$0
|
$0
|
|
v
|
ICE MILLER LLP
|
Local Counsel
|
$0
|
$2,007,146
|
$0
|
$0
|
|
vi
|
BINGHAM GREENBAUM DO
|
Special Counsel
|
$0
|
$234,875
|
$0
|
$0
|
|
vii
|
COOLEY LLP
|
Special Counsel
|
$0
|
$2,557,805
|
$0
|
$0
|
|
viii
|
PROVINCE, INC.
|
Financial Professional
|
$0
|
$556,352
|
$0
|
$0
|
|
ix
|
DLA PIPER LLP US
|
Other
|
$0
|
$5,452
|
$0
|
$0
|
|
x
|
FAEGRE DRINKER BIDDLE
|
Special Counsel
|
$0
|
$0
|
$0
|
$0
|
|
xi
|
CHOATE HALL & STEWART
|
Special Counsel
|
$0
|
$0
|
$0
|
$0
|
|
xii
|
ASK LLP
|
Other
|
$0
|
$0
|
$0
|
$0
|
|
xiii
|
GREAT AMERICAN GROUP
|
Other
|
$0
|
$0
|
$0
|
$0
|
|
xiv
|
GAVIN SOLMENESE LLC
|
Other
|
$0
|
$136,472
|
$0
|
$0
|
|
xv
|
CHIPMAN BROWN CICERO
|
Special Counsel
|
$0
|
$2,503,884
|
$0
|
$0
|
b.
c.
|
Approved Current Month
|
Approved
Cumulative
|
Paid Current
Month
|
Paid
Cumulative
|
|||
Debtor's professional fees & expenses (nonbankruptcy) Aggregate Total
|
|||||||
Itemized Breakdown by Firm
|
|||||||
Firm Name
|
Role
|
||||||
i
|
|||||||
ii
|
|||||||
All professional fees and expenses (debtor & committees)
|
Part 6: Postpetition Taxes
|
Current Month
|
Cumulative
|
||
a. Postpetition income taxes accrued (local, state, and federal)
|
$0
|
$0
|
||
b. Postpetition income taxes paid (local, state, and federal)
|
$0
|
$0
|
||
c. Postpetition employer payroll taxes accrued
|
$0
|
$0
|
||
d. Postpetition employer payroll taxes paid
|
$0
|
$0
|
||
e. Postpetition property taxes paid
|
$0
|
$0
|
||
f. Postpetition other taxes accrued (local, state, and federal)
|
$0
|
$0
|
||
g. Postpetition other taxes paid (local, state, and federal)
|
$0
|
$0
|
Part 7: Questionnaire - During this reporting period:
|
|
a. Were any payments made on prepetition debt? (if yes, see Instructions)
|
Yes ☐ No ☒ |
b. Were any payments made outside the ordinary course of business
|
Yes ☐ No ☒ |
without court approval? (if yes, see Instructions)
|
|
c. Were any payments made to or on behalf of insiders?
|
Yes ☐ No ☒ |
Debtor's Name
|
HHG DISTRIBUTING LLC | Case No. 17-01304 |
d. Are you current on postpetition tax return filings?
|
Yes ☒ No ☐ |
e. Are you current on postpetition estimated tax payments?
|
Yes ☒ No ☐ |
f. Were all trust fund taxes remitted on a current basis?
|
Yes ☒ No ☐ |
g. Was there any postpetition borrowing, other than trade credit?
|
Yes ☐ No ☒ |
(if yes, see Instructions)
|
|
h. Were all payments made to or on behalf of professionals approved by
|
Yes ☒ No ☐ N/A ☐ |
the court?
|
|
i. Do you have: Worker's compensation insurance?
|
Yes ☒ No ☐ |
If yes, are your premiums current?
|
Yes ☒ No ☐ N/A ☐ (if no, see Instructions) |
Casualty/property insurance?
|
Yes ☒ No ☐ |
If yes, are your premiums current?
|
Yes ☒ No ☐ N/A ☐ (if no, see Instructions) |
General liability insurance?
|
Yes ☒ No ☐ |
If yes, are your premiums current?
|
Yes ☒ No ☐ N/A ☐ (if no, see Instructions) |
j. Has a plan of reorganization been filed with the court?
|
Yes ☐ No ☒ |
k. Has a disclosure statement been filed with the court?
|
Yes ☒ No ☐ |
l. Are you current with quarterly U.S. Trustee fees as
|
Yes ☒ No ☐ |
set forth under 28 U.S.C. § 1930?
|
Part 8: Individual Chapter 11 Debtors (Only)
|
|||
a. Gross income (receipts) from salary and wages
|
$0 | ||
b. Gross income (receipts) from self-employment
|
$0 | ||
c. Gross income from all other sources
|
$0 | ||
d. Total income in the reporting period (a+b+c)
|
$0 | ||
e. Payroll deductions
|
$0 | ||
f. Self-employment related expenses
|
$0 | ||
g. Living expenses
|
$0 | ||
h. All other expenses
|
$0 | ||
i. Total expenses in the reporting period (e+f+g+h)
|
$0 | ||
j. Difference between total income and total expenses (d-i)
|
$0 | ||
k. List the total amount of all postpetition debts that are past due
|
$0 | ||
l. Are you required to pay any Domestic Support Obligations as defined by 11
|
Yes ☐ No ☒ | |
|
U.S.C § 101(14A)?
|
|||
m. If yes, have you made all Domestic Support Obligation payments?
|
Yes ☐ No ☐ N/A ☒ | |
Debtor's Name
|
HHG DISTRIBUTING LLC | Case No. 17-01304 |
/s/ Kevin Kovacs
|
Kevin Kovacs
|
|
Signature of Responsible Party
|
Printed Name of Responsible Party
|
|
|
|
|
Chief Financial Officer
|
05/21/2023
|
|
Title
|
Date
|
|
|