Case 17-10249-LSS Doc 173 Filed 03/15/17 Page 1 of 2 Case 17-10249-LSS Doc 173 Filed 03/15/17 Page 2 of 2 C M Y K Nxxx,2017-03-13,B,006,Bs-BW,E2

B6 0 N , MONDAY, MARCH 13, 2017 Its Eye on Asian Profits, OBITUARIES HSBC Picks an Outsider John Surtees, Two- and Four-Wheel Champ, Dies at 83 By RICHARD GOLDSTEIN By CHAD BRAY He also spent a year as the group John Surtees, an Englishman A driver who switched LONDON — Mark Tucker, chief finance director of HBOS, a who won seven world motorcycle executive of the Asian life insurer British bank that nearly collapsed championships, then switched to from motorcycles AIA Group, is set to replace Doug- during the financial crisis and is auto racing and captured the 1964 las Flint as chairman of HSBC in now part of Lloyds Banking Formula One points title, becom- to Formula One. October, the bank said on Sunday. Group. ing the only racer to hold both two- and four-wheel world crowns, Mr. Tucker, 59, would be the first Mr. Tucker has been a director died on Friday in London. He was outsider to take the chairman’s of since 2012 and Surtees. His father owned a cy- 83. role at HSBC as the bank, which is will leave the Goldman board cling shop in addition to compet- He was being treated for a res- based in London but generates when he joins HSBC as a director ing. piratory ailment at his death, his much of its profit in Asia, reshapes in September. He will take over In 1958, when he was becoming family said in a statement. its leadership. He is expected to the chairman’s role when Mr. Flint the dominant figure in world cy- Surtees was among Britain’s relocate from Hong Kong to Lon- steps down the following month. cling, Surtees was at a sports- most heralded auto racers of the don for the role. In their time together leading men’s dinner with Mike 1960s, joining Graham Hill, Jim HSBC, Mr. Flint and Mr. Gulliver Hawthorn, who had become One of Mr. Tucker’s first duties Clark and Jackie Stewart as For- have overseen a period of great Britain’s first Formula One cham- would be to lead the search for a mula One champions in that dec- change for the bank, navigating a pion that year. “John, try a car replacement for HSBC’s chief ex- ade. difficult business environment sometime,” Hawthorn told Sur- ecutive, , who plans “As long as I can remember, and greater scrutiny and capital KEYSTONE/HULTON ARCHIVE tees, according to Britain’s Tele- to retire. The bank has shaken up speed and machines have been a demands by regulators after the graph newspaper. “They stand up its board in the past year, adding part of me,” Surtees told The financial crisis. John Surtees, easier.” four new independent directors. Associated Press in the spring of Mr. Gulliver, 58, joined the bank above, practic- Mr. Tucker’s appointment came 1966 as he returned to auto racing And so he did, finishing second in 1980 and has been its chief exec- ing for a nearly a year after the lender an- after a crash in Canada in 1965 that in the British Grand Prix in 1960, utive since 2011. motorcycle nounced that it had begun a almost took his life. his debut year in auto racing, and In recent years, the bank has search to replace Mr. Flint, who While barely into his teens, Sur- Grand Prix he left the motorcycle circuit after has been chairman since 2010. Mr. significantly reshaped its opera- tees rode in a sidecar, alongside race in Monza, that season. Flint, 61, arrived at HSBC in 1995 tions by shedding tens of thou- his father, who competed in Italy, in 1957 Surtees joined Ferrari in 1963 and joined the board later that sands of jobs, selling underper- motorcycle races. Surtees went on and, left, in a and won the 1966 Belgian Grand year as group finance director. forming businesses and shrinking to win four world motorcycle titles Formula One Prix but quit the team in midsea- its global investment banking son after a dispute with manage- “We are delighted that in Mark with 500-cubic-centimeter en- auto race in Tucker, we have secured someone business. ment. He raced mostly for Honda gines and three others in the 350- Silverstone, who possesses the rare combina- Last year, HSBC, which was c.c. division from 1956 through afterward, winning for the last tion of experience demanded by founded in 1865 in Hong Kong as 1960, representing Italy’s M.V. Au- England, 10 time in Formula One at the 1967 the HSBC board,” , the Hongkong and Shanghai gusta team. He was known to Ital- years later. Italian Grand Prix. HSBC’s senior independent direc- Banking Corporation, decided to ians as Figlio del Vento — Son of RONALD DUMONT/HULTON ARCHIVE He formed his own team in 1970, tor, and Sam Laidlaw, chairman of keep its headquarters in Britain the Wind. built his own cars and drove for the company’s nomination com- after a lengthy review. In an- Surtees embarked on Formula the machines, especially the but ultimately I healed almost the team until retiring as a com- mittee, said in a news release. nouncing its decision last Febru- One racing in 1960. Driving a Fer- bikes,” he told The New York completely,” he recalled. petitive racer in 1972. The team “He has a long track record of ary, HSBC said that Asia re- rari, he won the world champi- Times in 2012. “Today, drivers In July 2009, Surtees’s son, never won a Formula One race successful leadership of complex mained “at the heart of the group’s onship four years later by a single have probably more of a chance to Henry, died at 18 while driving in a and folded after the 1978 season, financial services businesses in strategy.” point over Hill. push the equipment to the limit.” Formula Two race at the Brands having had difficulty securing both Asia and the U.K.” HSBC has also undergone the Surtees won six Formula One He was critically injured in a Hatch track in England after he sponsorships. As chairman, Mr. Tucker will re- expensive process of races over all, four with Ferrari, 1965 practice run for a race at Mo- was struck in the head by a flying Surtees’s survivors include his ceive an annual salary of 1.5 mil- strengthening its financial-crime and captured the first Canadian- sport Park (now Canadian Tire wheel that had came off a car that wife, the former Jane Sparrow, lion pounds, or about $1.8 million. compliance after reaching a $1.9 American Challenge Cup series in Motorsport Park) in Ontario when hit a barrier. He was knocked un- and his daughters Leonora and He will also receive a one-time re- billion settlement with the United 1966. a suspension upright on his Lola consciousness and crashed into a Edwina. location benefit of £300,000. States government in 2012. He was an owner and racer with failed, pitching the car into a barri- wall. Surtees restored cars and Mr. Tucker, 59, spent much of American authorities had ac- his own team in the 1970s. er. The car somersaulted at im- The Henry Surtees Foundation motorcycles after leaving the rac- his career in the insurance indus- cused the bank of laundering Surtees credited his success, pact and landed on top of him, raises money to aid the recovery ing scene. In his final years he was try, serving as the chief executive money for drug cartels and trans- and indeed his survival, to making fracturing his pelvis, seriously of patients with brain injuries. behind the wheel again at the an- of the British insurer Prudential ferring funds for Iran and other midrace adjustments. damaging his left leg and spine John Surtees was born on Feb. nual Goodwood Revival in south- before he joined AIA in 2010, nations subject to United States “I usually had to start making and rupturing his kidneys. 11, 1934, in Tatsfield, outside Lon- ern England, where vintage cars ahead of its initial public offering. sanctions. compromises in the way I drove “It was touch and go for a while, don, a son of Jack and Dorothy race. Iceland Officials Plan End , 72, a Creator of Underground Comics By RICHARD SANDOMIR To ’08 Financial Controls Jay Lynch, an artist, writer and satirist who was a central figure in STOCKHOLM (Reuters) — offshore assets for close to 90 bil- the underground comics revolu- Iceland’s finance ministry said on lion Icelandic krona (about $836 tion of the 1960s and ’70s, died on Sunday that in the coming week it million) at an exchange rate of March 5 at his home in Candor, would lift the remaining capital 137.5 krona per euro. N.Y. He was 72. controls that have been in place Iceland has been locked in a dis- His cousin Valerie Snowden since the financial crisis in 2008, pute with funds that owned more said the cause was lung cancer. easing restrictions on households than $1 billion worth of krona-de- Mr. Lynch, who had a wry, dead- and businesses. nominated assets that had been pan sense of humor, held strong views about the importance of un- “The removal of the capital con- frozen by the Icelandic authori- derground comics, which differen- trols, which stabilized the cur- ties. tiated themselves from the main- rency and economy during the The central bank said that re- country’s unprecedented finan- stream through raunchy and gro- maining offshore krona holders cial crash, represents the comple- tesque depictions of sex, drugs would be invited to sell their as- tion of Iceland’s return to interna- and violence. tional financial markets,” the min- sets to the central bank at the “ were the istry said in a statement. same exchange rate over the next most important art movement of The changes, which are to take two weeks. the 20th century,” he wrote, using VIA BOOKS effect on Tuesday, will affect indi- The finance ministry said the “comics” spelling preferred by viduals, companies and pension holders that did not sell would not underground cartoonists, in the funds. The government started to be able to move their assets. introduction to “Underground dismantle capital controls last The funds have waged a fight in Classics: The Transformation of year by easing restrictions for lo- Icelandic courts and at the Euro- Comics Into Comix” (2009), by cal residents. pean Free Trade Association’s and James Danky. Iceland’s central bank said in a Surveillance Authority to obtain a “Copies of many of the early separate statement that it had en- better rate than Iceland offered books sell to collectors for many tered an agreement to purchase investors in an auction last year. thousands of dollars,” he continued. “It’s all quite ironic: Rebellious cartoonists mocking consumer culture were inadver- IN THE UNITED STATES BANKRUPTCY COURT must be accompanied with a deposit in an amount equal to the greater of FOR THE DISTRICT OF DELAWARE $200,000 or ten percent (10%) of the total consideration provided under tently producing collectible arti- In re UNITED ROAD ) Chapter 11, Case No. 17-10249 (LSS) the proposed Transaction Agreement; provided, that the Debtors may facts for the same consumer cul- TOWING, INC. et al., ) Jointly Administered alter the Deposit requirement for any party selected as a Stalking Horse Debtors.1 ) Re: Docket Nos. 57 & 131 Purchaser with leave of the Court. ture 40 years down the road.” NOTICE OF SALE OF ASSETS • An auction for the Assets will commence on April 10, 2017 at 10:00 a.m. (ET) at the offices of Young Conaway Stargatt & Taylor, LLP, Mr. Lynch played several roles United Road Towing, Inc. and certain of its affiliates, as debtors and PATRICK ROSENKRANZ debtors in possession (collectively, the “Debtors”), are seeking to sell their 1000 North King Street, Rodney Square, Wilmington, DE 19801. in the underground comics world. personal property and other related interests (the “Assets”). The Debtors • The Bankruptcy Court will conduct a hearing (the “Sale Hearing”) will consider proposals to acquire some or all of the Assets through a sale to consider the proposed Sales on: April 12, 2017 at 1:30 p.m. (ET). Using a retro style with a tight Top, a comic reflecting the under section 363 of the Bankruptcy Code, the acquisition of the equity of THE FAILURE OF ANY PERSON OR ENTITY TO FILE AND SERVE crosshatching technique, he cre- one or more Debtors though a sale under section 363 of the Bankruptcy AN OBJECTION BY THE APPLICABLE OBJECTION DEADLINE SHALL 1960s counterculture by Jay BE DEEMED TO CONSENT TO, AND A BAR TO THE ASSERTION BY ated comics like “Nard n’ Pat,” Code, or a sale of Assets or the acquisition of the equity in one or more Lynch, above in 1968. Mr. Debtors implemented through a chapter 11 plan. The Debtors have SUCH PERSON OR ENTITY OF ANY OBJECTION TO, THE MOTION, about a conservative man who reserved the right, in consultation with the Consultation Parties2, SALE ORDERS, THE PROPOSED TRANSACTIONS, OR THE DEBTORS’ Lynch, with , to select one or more parties to serve as a stalking horse pur- CONSUMMATION AND PERFORMANCE OF THE TRANSACTION bickers with a hip cat. chaser (each a “Stalking Horse Purchaser”) to acquire some or all AGREEMENT(S) (INCLUDING, WITHOUT LIMITATION, THE DEBTORS’ founded what became Bijou of the Assets pursuant to a Transaction Agreement between the TRANSFER OF ANY OF THE ASSETS AND ASSUMPTION AND “It was sweetly rooted in the applicable Debtor(s) and the Stalking Horse Purchaser. ASSIGNMENT OF ANY ASSUMED CONTRACTS, FREE AND CLEAR OF past,” the cartoonist Art Spiegel- Funnies. Right, a “Nard n’ By order, dated March 6, 2017 [Docket No. 131] (the “Bidding ALL LIENS, CLAIMS, ENCUMBRANCES AND OTHER INTERESTS). Procedures Order”), the Bankruptcy Court approved certain “Bidding BY ORDER OF THE COURT man said in an interview. “Two Pat” panel, featuring two of Procedures” that govern the sale(s) of, or other transaction(s) to acquire, Wilmington, Delaware, March 13, 2017, YOUNG CONAWAY STARGATT characters who oddly refracted the Assets by the highest and best bidders. Capitalized terms used but not & TAYLOR, LLP, M. Blake Cleary, Ryan M. Bartley, Andrew Magaziner, his best-known creations. otherwise defined herein shall have the meanings ascribed to them in the Rodney Square, 1000 North King Street, Wilmington, Delaware 19801, the themes of old comic strips, but VIA FANTAGRAPHICS BOOKS Bidding Procedures Order. Telephone: (302) 571-6600, Facsimile: (302) 571-1253, and WINSTON & now they surrealistically dealt The Debtors have requested the Bankruptcy Court to enter an order or STRAWN LLP, Daniel J. McGuire, Grace D. D’Arcy, 35 West Wacker Drive, you had taken a camera pan of the His path to underground comics Mr. Spiegelman and Mr. Lynch. orders (the “Sale Orders”), which provide, among other things, for the Chicago, Illinois 60601, Telephone: (312) 558-5600, Facsimile: (312) 558- with sex, drugs and cheap thrills.” sale of the Assets free and clear of all liens, claims, encumbrances and other 5700, Carrie V. Hardman, 200 Park Avenue, New York, NY 10166, Telephone: rest of his daily life, it would have took him through , college “They were our Medicis,” Mr. (212) 294-6700, Facsimile: (212) 294-4700, Counsel for Debtors and Mr. Lynch founded Bijou Fun- interests, to the extent permissible by law, and the assumption of certain been the opposite.” humor magazines and alternative liabilities. A separate notice will be provided to counterparties to execu- Debtors in Possession nies with his fellow cartoonist Spiegelman said. tory contracts and unexpired leases with the Debtors that may be assumed 1 The Debtors in these cases, along with the last four digits of each newspapers. He contributed to Skip Williamson to publish his Mr. Lynch’s early life was a bit Over a few decades, Mr. Lynch and assigned in connection with the Sale Orders. Debtor’s federal tax identification number, are: United Road Towing, Inc. Wild, Cracked, Whack and Sick Copies of the Bidding Procedures Order, the Bidding Procedures, (6962); URT Holdings, Inc. (8341); City Towing Inc. (2118); URS West, Inc. work and that of other artists, and unconventional. Jay Patrick illustrated Bazooka Joe comics; and other pleadings are available at the website for the Debtors’ claims (3518); Bill & Wags, Inc. (3518); Export Enterprises of Massachusetts, Inc. Lynch was born in Orange, N.J., magazines. and noticing agent, Rust Consulting/Omni Bankruptcy at http://www. (5689); Pat’s Towing, Inc. (6964); Keystone Towing, Inc. (6356); Ross Baker acted as a publicist for the loosely , which began omnimgt.com/unitedroadtowing. Towing, Inc. (9742); URT Texas, Inc. (3716); Mart-Caudle Corporation defined industry. on Jan. 7, 1945, and grew up in Bel- He and Mr. Williamson began a as a satire of Cabbage Patch Kids; Any interested bidder should contact the Debtors’ investment (1912); Signature Towing, Inc. (3054); WHW Transport, Inc. (3055); URS humor and comics magazine, Chi- banker, SSG Advisors, LLC, c/o Mark E. Chesen (Email: mchesen@ Southeast, Inc. (7289); URS Northeast, Inc. (7290); URS Southwest, Inc. “He put people together,” said mar. His father, William, and his and , which paro- ssgca.com) and Michael Gorman (Email: [email protected]). (7284); Fast Towing, Inc. (5898); E & R Towing and Garage, Inc. (8500); mother, the former Alice Mangan, cago Mirror, which they turned died consumer culture. He re- PLEASE TAKE NOTE OF THE FOLLOWING INFORMATION AND Sunrise Towing, Inc. (7160); Ken Lehman Enterprises Inc. (1970); United Patrick Rosenkranz, who is writ- IMPORTANT DEADLINES: Road Towing South Florida, Inc. (9186); Rapid Recovery Incorporated ing a biography of Mr. Lynch. “He divorced when he was young, and into , after the trans- called that he was told which food • The deadline to Hle an objection with the Bankruptcy Court to the (1659); United Road Towing Services, Inc. (2206); Arri Brothers, Inc. (7962); formational publication of Robert proposed sale of the Assets (the “Sale Objection Deadline”) is April Rancho Del Oro Companies, Inc. (3924); CSCBD, Inc. (2448); URS Leasing, Inc. publicized what was going on. In he was raised in his grandmoth- conglomerates not to mock, but 5, 2017 at 4:00 p.m. (ET); provided solely with respect to an objection (9072); UR VMS, LLC (4904); UR Vehicle Management Solutions, Inc. (0402). er’s house, surrounded by aunts, Crumb’s Zap No. 1 in 1968, which with a list of products that he to the conduct of the Auction, the designation of any Successful Bidder The Debtors’ mailing address is c/o United Road Towing, Inc., 9550 Bormet the back of Bijou, he had small free or Bid or Back-Up Bidder or Bid, the terms (including price) of such bids, Drive, Suite 301, Mokena, Illinois 60448. ads for other underground uncles, his cousin Ms. Snowden could parody, “I would go to the and the Debtors’ inability to satisfy the conditions of section 363(f) of 2 The term “Consultation Parties” as used in these Bidding Procedures and his grandfather. supermarket and buy those prod- the Bankruptcy Code with respect to a Successful Bid or Back-Up Bid (an shall mean, with respect to any Asset: (i) counsel and financial advisor to comics. He was a crossroads fig- “Auction Objection”), the deadline to Hle an Auction Objection shall be any official committee appointed in these cases representing parties with ure.” At age 11, he moved with his fam- ucts.” 4:00 p.m. (ET) on April 11, 2017. an interest in the Assets; (ii) counsel to Wells Fargo Bank, N.A., as DIP Agent • Objections must be Hled and served in accordance with the Bidding and agent under the prepetition first-lien credit facility; and (iii) counsel But his most significant role ily to Miami, where he focused on A retro style coupled Ira Friedman, a vice Procedures Order. In connection with the proposed sale process, interested to Medley Capital Corporation, as agent under the prepetition second-lien his artwork, painting murals for president, said in an interview, bidders may be subject to an expedited discovery process. credit facility if (a) Medley advises the Debtors in writing that it shall not might have been as an archivist of • The deadline to be qualiHed as a Qualifying Bidder and to submit be a bidder for the Assets, whether by credit bid or otherwise or (b) the underground comics history. He neighbors’ homes and stage sets with deadpan humor “Jay was at the epicenter of a Qualifying Bid is April 6, 2017 at 5:00 p.m. (ET). Subject to Section 7 Debtors, in consultation with the Committee, determine that the delivery for school productions. He later Wacky Packages.” of the Bidding Procedures with respect to credit bids, all Qualifying Bids of certain selected information to Medley will facilitate the Sale Process. kept nearly everything from his and intellectual ideas. teenage years on: letters, original moved to Chicago, where he at- He also branched into children’s DIGITAL REALTY TRUST, INC. art, comics, fan magazines, mer- tended the Art Institute. books, including a collaboration NOTICE OF REDEMPTION TO THE HOLDERS OF 6.625% SERIES F CUMULATIVE REDEEMABLE PREFERRED STOCK chandise and publicity cam- The education that pointed him with Frank Cammuso on “Otto’s CUSIP NUMBER 253868806 – March 6, 2017 paigns. He donated it all to the to his future in underground Orange Day” (2013) and “Otto’s Notice is hereby given that Digital Realty Trust, Inc. (the “Company”) will redeem on April 5, 2017 (the “Redemption Date”) 7,300,000 featured the big-footed, long- shares (the “Shares”) of its 6.625% Series F Cumulative Redeemable Preferred Stock (par value $0.01 per share) (the “Series F Preferred Billy Ireland Cartoon Library and comics was provided by Mad bearded, guru-like Mr. Natural. Backwards Day” (2013). Stock”), such Shares constituting all of the outstanding shares of Series F Preferred Stock, at a redemption price of $25.00 per share, plus all Museum at Ohio State University. magazine, whose editorial mas- Mr. Lynch’s comics never Mr. Lynch was divorced twice accrued and unpaid dividends on such Shares up to, but not including, the Redemption Date in an amount equal to $0.0184 per share, for a termind was , and had no children. total payment of $25.0184 per share (the “Redemption Price”). This redemption is made at the option of the Company pursuant to Section “We have letters between 14- reached as broad an audience as 5 of the Articles Supplementary establishing and fixing the rights and preferences of the Series F Preferred Stock. Series F Preferred Stock year-old and 17- and The Realist, a satirical po- some of his more famous When he resurrected “Nard n’ held through the Depository Trust Company will be redeemed in accordance with the applicable procedures of the Depository Trust Company. year-old Jay talking about their fa- litical journal founded by Paul brethren’s. Mr. Rosenkranz sug- Pat” for the cover of Mineshaft Dividends on the Shares shall cease to accrue on the Redemption Date. On and after the Redemption Date, the only remaining rights of the vorite EC Comics and Mad maga- Krassner in 1958. magazine in 2015, he seemed to holders of the Shares will be to receive payment of the Redemption Price. gested that this might have been zines — and about reading the “After reading my first issue of split his life into his two creations. IN ORDER TO RECEIVE THE REDEMPTION PRICE, CERTIFICATES REPRESENTING THE SHARES CALLED FOR REDEMPTION because he did not use sex as MUST BE PRESENTED AND SURRENDERED FOR PAYMENT TO AMERICAN STOCK TRANSFER & TRUST COMPANY, LLC (THE first issue of Spider-Man,” said The Realist, I was in a daze which much in his work as others and He drew Nard busily typing and “REDEMPTION AGENT”) AT THE LOCATION LISTED BELOW, DURING THE REDEMPTION AGENT’S USUAL BUSINESS HOURS: Caitlin McGurk, the museum’s as- almost bordered on frenzied reli- was not part of the so-called “slash telling Pat: “And thus, kitty-kat, By Mail or Overnight: American Stock Transfer & Trust Company, LLC sociate curator. gious ecstasy,” Mr. Lynch was and drip” school of underground while you draw cartoons to clev- Operations Center Attention: Reorganization Department Mr. Spiegelman recalled that quoted as saying in Mr. cartoonists. erly illustrate mankind’s folly, I 6201 15th Avenue about a year ago he asked Mr. Rosenkranz’s book “Rebel Vi- “He was more interested in in- textually chronicle my astute ob- Brooklyn, NY 11219 Lynch to let him see some of their sions: The Underground Comix tellectual ideas,” he said. servations on life’s passing pa- The method of delivery is at the option and risk of the holder; however, transmission by registered mail, properly insured, is suggested as a old letters. Revolution” (2008). “Here was a rade. Alas! What fools these mor- precaution against loss. Some of Mr. Lynch’s work On or before the Redemption Date, all funds necessary for payment of the Redemption Price will have been irrevocably set aside by the Company, “So he sent me a bulging three- magazine that pointed out, reached the mainstream — tals be!” separate and apart from other funds, in trust for the benefit of the holders of the Shares. inch-thick binder with a Xerox of through satire, the hypocrisies in through in the 1980s, but Filling in a comics panel at a Questions and requests for assistance may be directed to the Redemption Agent at (800) 937-5449. every letter he received from 1961 the society that nobody else dared more regularly through Topps, the drawing table, Pat says: “You said If your certificates have been either lost or destroyed, please notify the Redemption Agent promptly. You will then be instructed as to the steps to 1963,” he said. “He kept all this even speak of, let alone print dis- trading card company, which pro- it, Boss! Fun, fun, fun, ’til Daddy you must take to receive payment. history so well organized, but if cussions of.” vided an income for artists like takes the T-square away.”