Florida | 0-19714 | 65-0977964 | |
(State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | |
35 Sawgrass Drive, Suite 2 | |||
Bellport, NY 11713 | |||
(Address of Principal Executive Offices)(Zip Code) | |||
____________________________________ | |||
(Former name or former address, if changed since last report) |
[ ] | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
[ ] | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
[ ] | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
[ ] | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 8.01 | Other Events. |
Perfumania Holdings, Inc. | |
Date: September 14, 2017 | By: /s/ Michael P. Nofi |
Michael P. Nofi | |
Chief Financial Officer |
Exhibit No. | Exhibit Description |
99.1 | Initial Monthly Operating Report, filed with the United States Bankruptcy Court for the District of Delaware (Case NO. 17-11794), on September 11, 2017. |
------------------------------------------------------ In re: MODEL REORG ACQUISITION, LLC, et al., Debtors.1 ------------------------------------------------------ | x : : : x | Chapter 11 Case No. 17-11794 (CSS) Jointly Administered |
1 | The Debtors and the last four digits of their respective taxpayer identification numbers are as follows: Perfumania Holdings, Inc. (7964); Perfumania, Inc. (6340); Magnifique Parfumes and Cosmetics, Inc. (6420); Ten Kesef II, Inc. (1253); Perfumania.com, Inc. (4688); Model Reorg Acquisition, LLC (0318); Northern Group, Inc. (3226); Perfumania Puerto Rico, Inc. (6787); Quality King Fragrance, Inc. (4939); Scents of Worth, Inc. (1732); Jacavi, LLC (6863); Distribution Concepts, LLC (8845); Flowing Velvet, Inc. (7294); Aladdin Fragrances, Inc. (4338); Niche Marketing Group, Inc. (1943); Northern Brands, Inc. (7186); Northern Amenities, Ltd. (5387); Global Duty Free Supply, Inc. (2686); and Perfumers Art, Inc. (6616). The address of the Debtors' corporate headquarters is 35 Sawgrass Drive, Suite 2, Bellport, New York 11713. |
• | and - |
• | and - |
REQUIRED DOCUMENTS | Document Attached | Explanation Attached |
12-Month Cash Flow Projection (Form IR-1) | DIP Budget Through Nov 2017 Attached | |
Certificate s of Insurance: | ||
Workers Compensation | ü | |
Property | ü | |
General Liability | ü | |
Vehicle | ü | |
Other: | ||
Identify areas of self-insurance w/liability caps | ||
Evidence of Debtor in Possession Bank Accounts | ||
Tax Escrow Account | Entered Cash Management Order Attached | |
General Operating Account | Entered Cash Management Order Attached | |
Money Market Account pursuant to Local Rule 4001-3 for the | Entered Cash Management Order Attached | |
District of Delaware only. Refer to: | ||
http://www.deb.uscourts.gov/ | ||
Other: ________________________ | ||
Retainers Paid (Form IR-2) | ü | |
Signature of Debtor | Date | ||
Signature of Joint Debtor | Date | ||
11-Sep-17 Date | |||
Michael Nofi | Chief Financial Officer | ||
Printed Name of Authorized Individual | Title of Authorized Individual |
Actual/Forecast | Week 1 Forecast | Week 2 Forecast | Week 3 Forecast | Week 4 Forecast | Week 5 Forecast | Week 6 Forecast | Week 7 Forecast | Week 8 Forecast | Week 9 Forecast | Week 10 Forecast | Week 11 Forecast | Week 12 Forecast | Week 13 Forecast | Forecast |
Week Ending | 02‐Sep | 09‐Sep | 16‐Sep | 23‐Sep | 30‐Sep | 07‐Oct | 14‐Oct | 21‐Oct | 28‐Oct | 04‐Nov | 11‐Nov | 18‐Nov | 25‐Nov | Total |
Year | 2017 | 2017 | 2017 | 2017 | 2017 | 2017 | 2017 | 2017 | 2017 | 2017 | 2017 | 2017 | 2017 | 13 Weeks |
CASH FLOW FROM OPERATIONS Operating Receipts Retail Operating Receipts | 2472 | 2360 | 2732 | 2878 | 2887 | 3202 | 2230 | 2234 | 2241 | 2577 | 2995 | 3126 | 3126 | 35059 |
Liquidating Store Receipts | 251 | 754 | 754 | 1257 | 1760 | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | 4777 |
Wholesale / Manufacturer Operating Receipts | 3092 | 3247 | 3424 | 3573 | 3703 | 4009 | 4270 | 4402 | 4797 | 5450 | 6270 | 6270 | 6064 | 58569 |
Other Receipts / Liquidator Reimbursement | ‐ | ‐ | 136 | 426 | 136 | 2842 | 136 | 156 | 1026 | ‐ | ‐ | ‐ | ‐ | 4858 |
Total Operating Receipts | 5815 | 6361 | 7046 | 8134 | 8486 | 10053 | 6636 | 6791 | 8064 | 8027 | 9265 | 9395 | 9190 | 103264 |
Operating Disbursements Vendor Payables / Inventory Purchases | (6506) | (6903) | (7112) | (6770) | (6671) | (5601) | (5751) | (6001) | (5909) | (2729) | (2122) | (1204) | (702) | (63982) |
Payroll | (518) | (496) | (2456) | (478) | (2478) | (389) | (2004) | (389) | (1702) | (350) | (1821) | (271) | (1888) | (15242) |
Corp / WH Rent | (255) | (343) | ‐ | (255) | ‐ | (343) | ‐ | ‐ | (255) | (343) | ‐ | ‐ | (255) | (2049) |
Store Rent | ‐ | (2986) | ‐ | ‐ | ‐ | (2304) | ‐ | ‐ | ‐ | (2285) | ‐ | ‐ | ‐ | (7575) |
Utilities & Other Occupancy | (167) | (167) | (167) | (167) | (167) | (167) | (167) | (167) | (167) | (167) | (167) | (167) | (147) | (2153) |
Occupancy | (422) | (3496) | (167) | (422) | (167) | (2814) | (167) | (167) | (422) | (2795) | (167) | (167) | (402) | (11777) |
Taxes | (136) | (186) | (136) | (1034) | (136) | (186) | (136) | (1192) | (136) | (136) | (136) | (136) | (959) | (4648) |
Freight | (262) | (276) | (276) | (276) | (296) | (334) | (334) | (334) | (334) | (268) | (266) | (266) | (266) | (3788) |
Contractual License Payments | (705) | ‐ | (175) | ‐ | (2592) | ‐ | ‐ | (69) | ‐ | (590) | ‐ | ‐ | ‐ | (4131) |
Advertising | (902) | (967) | (870) | (860) | (750) | (594) | (494) | (494) | (494) | (623) | (721) | (721) | (721) | (9211) |
Deferred Store Proceeds | (251) | (754) | (754) | (1257) | (1760) | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | (4777) |
Other Operating | (971) | (971) | (971) | (971) | (1971) | (871) | (971) | (871) | (871) | (671) | (671) | (671) | (671) | (12117) |
Total Operating Disbursements | (10674) | (14049) | (12918) | (12068) | (16822) | (10789) | (9857) | (9517) | (9868) | (8163) | (5904) | (3435) | (5608) | (129673) |
Operating Cash Flow | (4859) | (7689) | (5872) | (3934) | (8335) | (736) | (3221) | (2725) | (1804) | (136) | 3361 | 5960 | 3582 | (26409) |
CASH FLOW FROM INVESTING ACTIVITIES Capital Expenditures | (100) | ‐ | (200) | ‐ | ‐ | ‐ | (200) | ‐ | ‐ | ‐ | ‐ | (200) | ‐ | (700) |
Net Cash Flow from Investing | (100) | ‐ | (200) | ‐ | ‐ | ‐ | (200) | ‐ | ‐ | ‐ | ‐ | (200) | ‐ | (700) |
CASH FLOW FROM RESTRUCTURING ACTIVITIES Professional Fees | (270) | (210) | (210) | (210) | (210) | (210) | (210) | (210) | (330) | (210) | (210) | (210) | (330) | (3030) |
Utility/Vendor Deposits | (82) | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | (82) |
Store Closing Costs | (20) | ‐ | ‐ | ‐ | (1300) | ‐ | ‐ | ‐ | ‐ | (40) | ‐ | ‐ | ‐ | (1360) |
Net Cash Flow from Restructuring | (372) | (210) | (210) | (210) | (1510) | (210) | (210) | (210) | (330) | (250) | (210) | (210) | (330) | (4472) |
Net Cash Flow | (5331) | (7899) | (6282) | (4144) | (9845) | (946) | (3631) | (2935) | (2134) | (386) | 3151 | 5550 | 3252 | (31581) |
Non‐Cash ABL Balance Activity ABL & LIBOR Interest | (85) | ‐ | ‐ | ‐ | (214) | ‐ | ‐ | ‐ | ‐ | (433) | ‐ | ‐ | ‐ | (732) |
Unused Line Fee | (20) | ‐ | ‐ | ‐ | (13) | ‐ | ‐ | ‐ | ‐ | (9) | ‐ | ‐ | ‐ | (42) |
Total Non‐Cash ABL Activity | (105) | ‐ | ‐ | ‐ | (228) | ‐ | ‐ | ‐ | ‐ | (441) | ‐ | ‐ | ‐ | (774) |
Beginning ABL Balance | 21631 | 15816 | 9455 | 2408 | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | 21631 |
Total Receipts / Sweeps | (5815) | (6361) | (7046) | (2408) | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | (21631) |
Total Disbursements / Drawdowns | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ |
Other | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ |
Ending ABL Balance | 15816 | 9455 | 2408 | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ |
Beginning DIP ABL Balance | ‐ | 11251 | 25510 | 38839 | 45391 | 55464 | 56411 | 60042 | 62977 | 65111 | 65938 | 62788 | 57237 | ‐ |
Total Receipts / Sweeps | ‐ | ‐ | ‐ | (5726) | (8486) | (10053) | (6636) | (6791) | (8064) | (8027) | (9265) | (9395) | (9190) | (81633) |
Total Disbursements / Drawdowns | 11251 | 14259 | 13328 | 12278 | 18559 | 10999 | 10267 | 9727 | 10198 | 8855 | 6114 | 3845 | 5938 | 135619 |
Other | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ |
Ending DIP ABL Balance | 11251 | 25510 | 38839 | 45391 | 55464 | 56411 | 60042 | 62977 | 65111 | 65938 | 62788 | 57237 | 53986 | 53986 |
EVIDENCE OF PROPERTY INSURANCE | DATE (MM/DD/YYYY) 9/6/2017 | ||||||||
THIS EVIDENCE OF PROPERTY INSURANCE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE ADDITIONAL INTEREST NAMED BELOW. THIS EVIDENCE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS EVIDENCE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED REPRESENTATIVE OR PRODUCER, AND THE ADDITIONAL INTEREST. | |||||||||
AGENCY | PHONE (516) 576-0400 (A/C, No, Ext): | COMPANY Lloyds of London Insurance Co | |||||||
The B & G Group Inc. 55 West Ames Court, Suite 400 Plainview, NY 11803 | |||||||||
FAX (516) 576-1177 (A/C, No): | |||||||||
CODE: - | SUB CODE: | ||||||||
AGENCY PERFHOL-01 CUSTOMER ID #: | |||||||||
INSURED MAGNIFIQUE PARFUMES & COSMETICS INC. DBA PERFUMANIA 35 Sawgrass Drive Suite 2 Bellport, NY 11713 | LOAN NUMBER | POLICY NUMBER B0507N16CAI5010-20 | |||||||
EFFECTIVE DATE 10/1/2016 | EXPIRATION DATE 10/1/2017 | CONTINUED UNTIL | |||||||
TERMINATED IF CHECKED | |||||||||
THIS REPLACES PRIOR EVIDENCE DATED: |
LOCATION/DESCRIPTION Blanket Premises/Blanket Transit |
THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS EVIDENCE OF PROPERTY INSURANCE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. |
COVERAGE / PERILS /FORMS | AMOUNT OF INSURANCE | DEDUCTIBLE |
Stock, Replacement Cost, Special Form Windstorm Included | $200,000,000 | 25,000 |
Special Conditions: 30 day cancellation notice |
SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN ACCORDANCE WITH THE POLICY PROVISIONS. |
NAME AND ADDRESS Office of the United States Trustee District of Delaware 844 King Street, Suite 2207 Wilmington, DE 19801 | MORTGAGEE LOSS PAYEE | X | ADDITIONAL INSURED | |
X | ||||
LOAN # | ||||
AUTHORIZED REPRESENTATIVE | ||||
EVIDENCE OF PROPERTY INSURANCE | DATE (MM/DD/YYYY) 9/6/2017 | ||||||||
THIS EVIDENCE OF PROPERTY INSURANCE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE ADDITIONAL INTEREST NAMED BELOW. THIS EVIDENCE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS EVIDENCE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED REPRESENTATIVE OR PRODUCER, AND THE ADDITIONAL INTEREST. | |||||||||
AGENCY | PHONE (516) 576-0400 (A/C, No, Ext): | COMPANY Zurich American Insurance Co. | |||||||
The B & G Group Inc. 55 West Ames Court, Suite 400 Plainview, NY 11803 | |||||||||
FAX (516) 576-1177 (A/C, No): | |||||||||
CODE: - | SUB CODE: | ||||||||
AGENCY PERFHOL-01 CUSTOMER ID #: | |||||||||
INSURED MAGNIFIQUE PARFUMES & COSMETICS INC. DBA PERFUMANIA 35 Sawgrass Drive Suite 2 Bellport, NY 11713 | LOAN NUMBER | POLICY NUMBER ERP023143201 | |||||||
EFFECTIVE DATE 10/1/2016 | EXPIRATION DATE 10/1/2017 | CONTINUED UNTIL | |||||||
TERMINATED IF CHECKED | |||||||||
THIS REPLACES PRIOR EVIDENCE DATED: |
LOCATION/DESCRIPTION Blanket Premises/Blanket Transit |
THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS EVIDENCE OF PROPERTY INSURANCE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. |
COVERAGE / PERILS /FORMS | AMOUNT OF INSURANCE | DEDUCTIBLE |
Blanket BPP & BI w/Extra Expense, Replacement Cost, Special Form Improvements & Betterments Windstorm Included Glass Included | $75,000 $500,000 | 100,000 25,000 |
Special Conditions: 30 day cancellation notice |
SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN ACCORDANCE WITH THE POLICY PROVISIONS. |
NAME AND ADDRESS Office of the United States Trustee District of Delaware 844 King Street, Suite 2207 Wilmington, DE 19801 | MORTGAGEE LOSS PAYEE | X | ADDITIONAL INSURED | |
X | ||||
LOAN # | ||||
AUTHORIZED REPRESENTATIVE | ||||
CERTIFICATE OF LIABILITY INSURANCE | DATE (MM/DD/YYYY) 9/1/2017 | |||
THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED REPRESENTATIVE OR PRODUCER, AND THE CERTIFICATE HOLDER. | ||||
IMPORTANT: If the certificate holder is an ADDITIONAL INSURED, the policy(ies) must be endorsed. If SUBROGATION IS WAIVED, subject to the terms and conditions of the policy, certain policies may require an endorsement. A statement on this certificate does not confer rights to the certificate holder in lieu of such endorsement(s). | ||||
PRODUCER The B & G Group Inc. 55 West Ames Court, Suite 400 Plainview, NY 11803 | CONTACT NAME: | |||
PHONE (516) 576-0400 (A/C, No, Ext): | FAX (516) 576-1177 (A/C, No): | |||
E-MAIL ADDRESS: | ||||
INSURER(S) AFFORDING COVERAGE | NAIC # | |||
INSURER A : Zurich American Insurance Co. | 16535 | |||
INSURED MAGNIFIQUE PARFUMES & COSMETICS INC. DBA PERFUMANIA 35 Sawgrass Drive Suite 2 Bellport, NY 11713 | INSURER B : American Guarantee & Liability | 26247 | ||
INSURER C : American Zurich Ins Co | ||||
INSURER D : | ||||
INSURER E : | ||||
INSURER F : |
THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. | ||||||||||||||||||||
INSR LTR | TYPE OF INSURANCE | ADDL INSD | SUBR WVD | POLICY NUMBER | POLICY EFF (MM/DD/YYYY) | POLICY EXP (MM/DD/YYYY) | LIMITS | |||||||||||||
A | X | COMMERCIAL GENERAL LIABILITY | GLA0185543-01 | 10/01/2016 | 10/01/2017 | EACH OCCURRENCE | $ | 2,000,000 | ||||||||||||
CLAIMS-MADE X OCCUR | DAMAGE TO RENTED PREMISES (Ea occurrence) | $ | 1,000,000 | |||||||||||||||||
MED EXP (Any one person) | $ | 10,000 | ||||||||||||||||||
PERSONAL & ADV INJURY | $ | 1,000,000 | ||||||||||||||||||
GEN'L AGGREGATE LIMIT APPLIES PER: | GENERAL AGGREGATE | $ | 4,000,000 | |||||||||||||||||
X | POLICY ¨PROJECT ¨LOC OTHER: | PRODUCTS - COMP/OP AGG | $ | 4,000,000 | ||||||||||||||||
$ | ||||||||||||||||||||
A | AUTOMOBILE LIABILITY | GLA0185543-01 | 10/01/2016 | 10/01/2017 | COMBINED SINGLE LIMIT (Ea accident) | $1,000,000 | ||||||||||||||
X | ANY AUTO | BODILY INJURY (Per person) | $ | |||||||||||||||||
ALL OWNED AUTOS HIRED AUTOS | SCHEDULED AUTOS NON-OWNED AUTOS | BODILY INJURY (Per accident) | $ | |||||||||||||||||
PROPERTY DAMAGE (Per accident) | $ | |||||||||||||||||||
$ | ||||||||||||||||||||
B | X | UMBRELLA LIAB EXCESS LIAB | X | OCCUR CLAIMS-MADE | AUC0185657-00 | 10/01/2016 | 10/01/2017 | EACH OCCURRENCE | $ | 25,000,000 | ||||||||||
AGGREGATE | $ | 25,000,000 | ||||||||||||||||||
DED | X | RETENTION $ 10,000 | $ | |||||||||||||||||
C | WORKERS COMPENSATION AND EMPLOYERS' LIABILITY Y / N ANY PROPRIETOR/PARTNER/EXECUTIVE OFFICER/MEMBER EXCLUDED? N (Mandatory in NH) If yes, describe under DESCRIPTION OF OPERATIONS below | N / A | WC0185542-01 | 10/01/2016 | 10/01/2017 | X | PER STATUTE | OTH- ER | ||||||||||||
E.L. EACH ACCIDENT | $ | 1,000,000 | ||||||||||||||||||
E.L. DISEASE - EA EMPLOYEE | $ | 1,000,000 | ||||||||||||||||||
E.L. DISEASE - POLICY LIMIT | $ | 1,000,000 | ||||||||||||||||||
DESCRIPTION OF OPERATIONS / LOCATIONS / VEHICLES (ACORD 101, Additional Remarks Schedule, may be attached if more space is required) Office of the United States Trustee is included as additional insured/loss payee as required by written contract or agreement. 30 day cancellation notice. Subject to policy terms, conditions, and exclusions. |
NAME AND ADDRESS Office of the United States Trustee District of Delaware 844 King Street, Suite 2207 Wilmington, DE 19801 | MORTGAGEE LOSS PAYEE | X | ADDITIONAL INSURED | |
X | ||||
LOAN # | ||||
AUTHORIZED REPRESENTATIVE | ||||
Payee | Vendor # | Check / Wire | Name of Payor | Amount | Amount Applied to Date | Balance | ||
Date | Check # | Wire # | ||||||
Carlton Fields LLC | 21118 | 1/10/2017 | 520224 | Quality King Fragrance, Inc. | 50,000.00 | - | 50,000.00 | |
Epiq Systems Acquisition Inc | 19275 | 6/22/2017 | 952090 | 660 | Magnifique Parfumes and Cosmetics, Inc. | 25,000.00 | - | 25,000.00 |
Epiq Systems Acquisition Inc | 19275 | 8/22/2017 | 952119 | 757 | Magnifique Parfumes and Cosmetics, Inc. | 65,000.00 | - | 65,000.00 |
Epiq Systems Acquisition Inc | 19275 | 8/23/2017 | 952123 | 765 | Magnifique Parfumes and Cosmetics, Inc. | 80,000.00 | - | 80,000.00 |
Gordon Brothers Retail Partners, LLC | 19294 | 8/25/2017 | 952138 | 789 | Magnifique Parfumes and Cosmetics, Inc. | 170,000.00 | - | 170,000.00 |
A&G Realty Partners LLC | 21348 | 8/25/2017 | 952139 | 791 | Magnifique Parfumes and Cosmetics, Inc. | 75,000.00 | - | 75,000.00 |
Skadden, Arps Slate Meagher & Flom LLP | 19174 | 11/8/2016 | 193415 | N/A | Magnifique Parfumes and Cosmetics, Inc. | 350,000.00 | - | 350,000.00 |
Skadden, Arps Slate Meagher & Flom LLP | 19174 | 6/23/2017 | 952091 | 662 | Magnifique Parfumes and Cosmetics, Inc. | 100,000.00 | - | 100,000.00 |
Skadden, Arps Slate Meagher & Flom LLP | 19174 | 8/23/2017 | 952124 | 764 | Magnifique Parfumes and Cosmetics, Inc. | 100,000.00 | - | 100,000.00 |
Skadden, Arps Slate Meagher & Flom LLP | 19174 | 8/24/2017 | 952133 | 785 | Magnifique Parfumes and Cosmetics, Inc. | 200,000.00 | - | 200,000.00 |
Ankura Consulting Group, LLC | 19135 | 1/18/2017 | 951995 | 473 | Magnifique Parfumes and Cosmetics, Inc. | 100,000.00 | - | 100,000.00 |
------------------------------------------------------ In re: MODEL REORG ACQUISITION, LLC, et al., Debtors.1 ------------------------------------------------------ | x : : : x | Chapter 11 Case No. 17-11794 (CSS) (Joint Administration Pending) Related Docket No. 10 |
1 | The Debtors and the last four digits of their respective taxpayer identification numbers are as follows: Perfumania Holdings, Inc. (7964); Perfumania, Inc. (6340); Magnifique Parfumes and Cosmetics, Inc. (6420); Ten Kesefll, Inc. (1253); Perfumania.com, Inc. (4688); Model Reorg Acquisition, LLC (0318); Northern Group, Inc. (3226); Perfumania Puerto Rico, Inc. (6787); Quality King Fragrance, Inc. (4939); Scents of Worth, Inc. (1732); Jacavi, LLC (6863); Distribution Concepts, LLC (8845); Flowing Velvet, Inc. (7294); Aladdin Fragrances, Inc. (4338); Niche Marketing Group, Inc. (1943); Northern Brands, Inc. (7186); Northern Amenities, Ltd. (5387); Global Duty Free Supply, Inc. (2686); and Perfumers Art, Inc. (6616). The address of the Debtors' corporate headquarters is 35 Sawgrass Drive, Suite 2, Bellport, New York 11713. |
2 | Capitalized terms not otherwise defined herein shall have the meanings ascribed to such terms in the Motion or the First Day Declaration. |
Honorable Christopher S. Sontchi |
UNITED STATES BANKRUPTCY JUDGE |
Bank | Account Number | Account Holder | Description |
Wells Fargo Bank, N.A. PO Box 63020 San Francisco, CA 94163 | XXXXX0373 | Perfumania Holdings, Inc. | Master Operating Account |
XXXXXX-XXX8236 | Perfumania Holdings, Inc. | Receipt Account | |
XXX-XXX8666 | Parlux, Ltd | Receipt Account | |
XXXXXX-XXX8375 | Magnifique Parfumes & Cosmetics, Inc. | Receipt Account | |
XXXXXX1608 | Magnifique Parfumes & Cosmetics, Inc. | Disbursement Account | |
XXXXXX1616 | Quality King Fragrance, Inc. | Disbursement Account | |
XXXXXXI624 | Five Star Fragrance Company, Inc. | Disbursement Account | |
XXXXXX1632 | Parlux, Ltd | Disbursement Account | |
XXXXXX0381 | Perfumania, Inc. | Payroll Account | |
XXXXXX0399 | Magnifique Parfumes & Cosmetics, Inc. | Payroll Account | |
XXXXXX6067 | Quality King Fragrance, Inc. | Payroll Account | |
XXXXXX0407 | Parlux, Ltd | Payroll Account |
Bank | Account Number | Account Holder | Description |
XXXXXX5072 | Magnifique Parfumes & Cosmetics, Inc. | Retail Account | |
XX573I | Parlux, Ltd | Canada Account | |
Citizens Bank One Citizen Plaza Providence, RI 02903 | XXXXXX2384 | Quality King Fragrance, Inc. | Lockbox Account |
American National Bank 102 W Moore Avenue Terrell, TX 7516 | X7530 | Magnifique Parfumes & Cosmetics, Inc. | Retail Account |
Banco Popular PO Box 362708 San Juan, PR 00936 | XXXXXX9685 | Magnifique Parfumes & Cosmetics, Inc. | Retail Account |
Bank of Hawaii- Waipahu Branch 94-712 Farrington Hwy Waipahu, HI 96797 | XXXXXX3204 | Magnifique Parfumes & Cosmetics, Inc. | Retail Account |
Bank of Financial 48 Orland Square Drive Orland Park, IL 60462 | XXXXXX2724 | Magnifique Parfumes & Cosmetics, Inc. | Retail Account |
BB&T 255 S. Orange Avenue Suite 1000 Orlando, FL 32801 | XXXXXX4986 | Magnifique Parfumes & Cosmetics, Inc. | Retail Account |
XXXXXXXXX2562 | Magnifique Parfumes & Cosmetics, Inc. | Retail Account | |
Capital One 275 Broad Hollow Road Melville, NY 11747 | XXXXX0050 | Magnifique Parfumes & Cosmetics, Inc. | Retail Account |
Bank | Account Number | Account Holder | Description |
Citizens National Bank 220 Wears Valley Road Pigeon Forge, TN 37863 | XXX7359 | Magnifique Parfumes & Cosmetics, Inc. | Retail Account |
Citizens Bank PO Box 7000 Providence, RI 02940 | XXXXXX3911 | Magnifique Parfumes & Cosmetics, Inc. | Retail Account |
XXXXXX3042 | Magnifique Parfumes & Cosmetics, Inc. | Retail Account | |
Comerica PO Box 75000 Detroit, MI 48275 | XXXXXX5770 | Magnifique Parfumes & Cosmetics, Inc. | Retail Account |
Community State Bank 8412 Main Street Birchrun, MI 48415 | XXX1000 | Magnifique Parfumes & Cosmetics, Inc. | Retail Account |
Compass Bank BBVA Compass PO Box 10566 Birmingham, AL 35296 | XXXXXX1068 | Magnifique Parfumes & Cosmetics, Inc. | Retail Account |
Fifth Third PO Box 630900 Cincinnati, OH 45263 | XXXXXX5252 | Magnifique Parfumes & Cosmetics, Inc. | Retail Account |
First Bank of the Lake 4558 Osage Beach Hwy, Suite 100 Osage Beach, MO 65065 | XXXXX7501 | Magnifique Parfumes & Cosmetics, Inc. | Retail Account |
Five Star Bank 55 North Main Street PO Box 110 Warsaw, NY 14569 | XXXXX9141 | Magnifique Parfumes & Cosmetics, Inc. | Retail Account |
Frost National Bank PO Box 649 | XXXXXX1491 | Magnifique Parfumes & Cosmetics, Inc. | Retail Account |
Bank | Account Number | Account Holder | Description |
San Marcos, TX 78667 | |||
Glen Falls National Bank 250 Glen Street Glen Falls, NY 12801 | XXXXXX3817 | Magnifique Parfumes & Cosmetics, Inc. | Retail Account |
Hamilton State Bank PO Box 249 Braselton, GA 30517 | X1042 | Magnifique Parfumes & Cosmetics, Inc. | Retail Account |
Highland 370 Grove Drive Maple Grove, MN 55369 | XXXXXX1817 | Magnifique Parfumes & Cosmetics, Inc. | Retail Account |
HSBC PO Box 900 Buffalo, NY 14240 | XXXXX3798 | Magnifique Parfumes & Cosmetics, Inc. | Retail Account |
International Bank of Commerce 1200 San Bernardo Avenue Laredo, TX 78042 | XXXXX8101 | Magnifique Parfumes & Cosmetics, Inc. | Retail Account |
XXXXXX2701 | Magnifique Parfumes & Cosmetics, Inc. | Retail Account | |
Johnson Bank PO Box 547 Racine, WI 53401 | XXXXXX7542 | Magnifique Parfumes & Cosmetics, Inc. | Retail Account |
Key Bank PO Box 93885 Cleveland, OH 44101 | XXXXX2900 | Magnifique Parfumes & Cosmetics, Inc. | Retail Account |
MainSource Bank PO Box 526 Columbus, IN 47202 | XXX0649 | Magnifique Parfumes & Cosmetics, Inc. | Retail Account |
MB Financial 7222 W. Cermack Road | XXXXX0371 | Magnifique Parfumes & Cosmetics, Inc. | Retail Account |
Bank | Account Number | Account Holder | Description |
North Riverside, IL 60546 | |||
PNC PO Box 609 Pittsburgh, PA 15230 | XXXXXX7263 | Magnifique Parfumes & Cosmetics, Inc. | Retail Account |
Premier Bank 11055 61st Street NE PO Box 270 Albertville, MN 55301 | XXXXX4357 | Magnifique Parfumes & Cosmetics, Inc. | Retail Account |
Regions 1900 5th Avenue North, 15th Floor Birmingham, AL 35203 | XXXXXX5423 | Magnifique Parfumes & Cosmetics, Inc. | Retail Account |
South State Bank PO Box 118068 Charleston, SC 29423 | XXXXX1290 | Magnifique Parfumes & Cosmetics, Inc. | Retail Account |
XXXX9574 | Magnifique Parfumes & Cosmetics, Inc. | Retail Account | |
SunTrust Bank PO Box 305183 Nashville, TN 37230 | XXXXXXXX6076 | Magnifique Parfumes & Cosmetics, Inc. | Retail Account |
TCF National Bank PO Box 537980 Livonia, Ml 48153 | XXXXXXl 142 | Magnifique Parfumes & Cosmetics, Inc. | Retail Account |
TD Bank North 601 College Drive Blackwood, NJ 08012 | XXXXXX7757 | Magnifique Parfumes & Cosmetics, Inc. | Retail Account |
Texas National Bank PO Box 777 Mercedes, TX 78570 | XXXXX2194 | Magnifique Parfumes & Cosmetics, Inc. | Retail Account |
Bank | Account Number | Account Holder | Description |
Tuscola National Bank PO Box 110 Tuscola, IL 61953 | XXX1506 | Magnifique Parfumes & Cosmetics, Inc. | Retail Account |
Wrentham Cooperative Bank 102 South Street PO Box 250 Wrentham, MA 02093 | XXXX2834 | Magnifique Parfumes & Cosmetics, Inc. | Retail Account |
US Bank PO Box 1800 St. Paul, MN 55101 | XXXXXXXX3899 | Magnifique Parfumes & Cosmetics, Inc. | Retail Account |
Assets: y | Judge: CSS Case Flag: CLMSAGNT, MEGA, LEAD |
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