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F 9021-1.2.BK.NOTICE.LODGMENT Authorizing Debtor to Rejec

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F 9021-1.2.BK.NOTICE.LODGMENT Authorizing Debtor to Rejec Case 2:17-bk-17292-VZ Doc 41 Filed 06/20/17 Entered 06/20/17 17:03:08 Desc Main Document Page 1 of 10 Attorney or Party Name, Address, Telephone & FAX Nos., State Bar No. & FOR COURT USE ONLY Email Address TIMOTHY J. YOO (SBN 155531) EVE H. KARASIK (SBN 155365) JULIET Y. OH (SBN 211414) LEVENE, NEALE, BENDER, YOO & BRILL L.L.P. 10250 Constellation Boulevard, Suite 1700 Los Angeles, California 90067 Telephone: (310) 229-1234; Facsimile: (310) 229-1244 Email: [email protected], [email protected], [email protected] Individual appearing without an attorney Attorney for: Debtor and Debtor in Possession UNITED STATES BANKRUPTCY COURT CENTRAL DISTRICT OF CALIFORNIA - LOS ANGELES DIVISION DIVISION In re: CASE NO.: 2:17-bk-17292-VZ CHAPTER: 11 CORNERSTONE APPAREL, INC., NOTICE OF LODGMENT OF ORDER IN BANKRUPTCY CASE RE: (title of motion1): EMERGENCY MOTION FOR ENTRY OF AN OF AN ORDER AUTHORIZING DEBTOR TO REJECT CERTAIN UNEXPIRED LEASES PLEASE TAKE NOTE that the order titled Order Granting Debtor’s Emergency Motion For Entry Of An Order Authorizing Debtor To Reject Certain Unexpired Non-Residential Real Property Leases 5 was lodged on (date) 06/20/2017 and is attached. This order relates to the motion which is docket number 5 . 1 Please abbreviate if title cannot fit into text field. This form is mandatory. It has been approved for use by the United States Bankruptcy Court for the Central District of California. December 2012 Page 1 F 9021-1.2.BK.NOTICE.LODGMENT Case 2:17-bk-17292-VZ Doc 41 Filed 06/20/17 Entered 06/20/17 17:03:08 Desc Main Document Page 2 of 10 EXHIBIT “A” Case 2:17-bk-17292-VZ Doc 41 Filed 06/20/17 Entered 06/20/17 17:03:08 Desc Main Document Page 3 of 10 11 TIMOTHY J. YOO (SBN 155531) EVE H. KARASIK (SBN 155365) 22 JULIET Y. OH (SBN 211414) LEVENE, NEALE, BENDER, YOO & BRILL L.L.P. 33 10250 Constellation Boulevard, Suite 1700 44 Los Angeles, California 90067 Telephone: (310) 229-1234; Facsimile: (310) 229-1244 55 Email: [email protected], [email protected], [email protected] 66 Proposed Attorneys for Chapter 11 Debtor 77 and Debtor in Possession 88 99 UNITED STATES BANKRUPTCY COURT 10 10 CENTRAL DISTRICT OF CALIFORNIA -- LOS ANGELES DIVISION 1111 1212 In re ) Case No. 2:17-bk-17292-VZ 1313 ) CORNERSTONE APPAREL, INC., ) Chapter 11 14 14 ) 1515 Debtor. ) ) ORDER GRANTING DEBTOR’S 1616 ) EMERGENCY MOTION FOR ENTRY ) OF AN ORDER AUTHORIZING 1717 ) DEBTOR TO REJECT CERTAIN ) UNEXPIRED NON-RESIDENTIAL 1818 ) REAL PROPERTY LEASES 1919 ) PURSUANT TO 11 U.S.C. § 365 ) 2020 ) Hearing ) 2121 ) Date: June 20, 2017 ) Time: 1; 30 p.m. 2222 ) Courtroom: 1368 2323 ) Location: 255 E. Temple Street ) Los Angeles, California 2424 ) ) 2525 ) 2626 2727 2828 1 Case 2:17-bk-17292-VZ Doc 41 Filed 06/20/17 Entered 06/20/17 17:03:08 Desc Main Document Page 4 of 10 11 A hearing was held on June 20, 2017 at 1:30 p.m., before the Honorable Vincent P. 22 Zurzolo, United States Bankruptcy Judge for the Central District of California, Los Angeles 33 Division, in Courtroom “1368” located at 255 East Temple Street, Los Angeles, California 44 90012, to consider the emergency motion (the “Motion”) filed by Cornerstone Apparel, Inc. 55 d/b/a Papaya Clothing, the debtor and debtor in possession in the above-captioned chapter 11 66 bankruptcy case (the “Debtor”), for the entry of an order: (i) authorizing the Debtor to reject 77 eight (8) of the Debtor’s unexpired non-residential real property leases relating to the Debtor’s 88 retail stores, which the Debtor is operating as of the Petition Date (collectively, the “Rejected 99 Operating Retail Stores,”), with the rejection of such leases to be deemed effective as of June 1010 30, 2017, (ii) authorizing the Debtor to reject twenty two (22) of the Debtor’s unexpired non- 1111 residential real property leases relating to the Debtor’s retail stores which the Debtor vacated 1212 and is no longer operating as of the Petition Date (collectively, the “Vacated Retail Stores”), 1313 with the rejection of such leases for the Vacated Retail Stores to be deemed effective as of the 1414 Petition Date, and (iii) authorizing the Debtor to abandon any of its remaining personal 1515 property assets located at each of the Rejected Operating Retail Stores as of June 30, 2017 and 1616 the Vacated Retail Stores, if applicable, as of the Petition Date. Appearances at the hearing on 1717 the Motion were made as set forth on the record of the Court. 1818 At the hearing on the Motion, the Debtor, through counsel, voluntarily dismissed the 1919 requested relief in the Motion for authority to abandon personal property at the rejected lease 2020 sites. In addition, counsel for the Debtor confirmed on the record that the Vacated Retail Stores 2121 and the Rejected Operating Retail Stores are subject to leases between the Debtor and 2222 landlords. 2323 The Court, having considered the Motion and all papers filed by the Debtor in support 2424 of the Motion, the Limited Opposition filed by the United States Trustee, the oral arguments 2525 and statements of counsel made at the hearing on the Motion, proper notice of the Motion and 2626 the emergency hearing on the Motion having been provided, and good cause appearing 2727 therefor, 2828 2 Case 2:17-bk-17292-VZ Doc 41 Filed 06/20/17 Entered 06/20/17 17:03:08 Desc Main Document Page 5 of 10 11 IT IS HEREBY ORDERED AS FOLLOWS: 22 A. The Motion is granted as set forth below. 33 B. The Debtor is authorized to reject eight (8) of the Debtor’s unexpired non- 44 residential real property leases relating to the Debtor’s retail stores which the Debtor is 55 operating as of the Petition Date that are identified in the table immediately below, with the 66 rejection of such leases for the Rejected Operating Retail Stores to be deemed effective as of 77 June 30, 2017: 88 Store Name & 9 Landlord Store Address 9 No. 1010 Tucson Premium Outlets LLC Tucson Premium 6401 West Marana Center Blvd 225 W. Washington St Outlet Tucson, Arizona 85742 1111 Indianapolis, Indiana 46204 (No. AZF) 1212 EMI Santa Rosa Limited Partnership Santa Rosa Plaza 1003A Santa Rosa Plaza 225 W. Washington St (No. CNE) Santa Rosa, California 95401 1313 Indianapolis, Indiana 46204 1414 Roseville Shoppingtown LLC Westfield Galleria 1151 Galleria Blvd 1515 11601 Wilshire Blvd., 11th Fl. at Roseville Roseville, California 95678 Los Angeles, California 90025 (No. CNG) 1616 1717 Paragon Outlet White Marsh LLC Paragon Outlet No physical address as mall not 217 East Redwood St., 21st Fl. Baltimore yet built. 1818 Baltimore, Maryland 21202 (No. MDE) 1919 Opry Mills Mall Limited Partnership Opry Mills 127 Opry Mills Dr. 225 W. Washington St (No. TNA) Nashville, Tennessee 37214 20 20 Indianapolis, Indiana 46204 2121 Galleria at Wolfchase LLC Wolfchase 2760 N. Germantown Plwy 2222 225 W. Washington St. Galleria Memphis, Tennessee 38133 Indianapolis, Indiana 46204 (No. TNB) 2323 New Rivercenter Mall II, LP River Center 849 E. Commerce St. 2424 849 E. Commerce, Suite 895 (No. TXF) San Antonio, Texas 78205 2525 San Antonio, Texas 78205 2626 Paragon Outlets Rosenberg Limited Paragon Outlet No physical address as mall not Partnership Houston yet built. 2727 217 East Redwood St., 21st Fl. (No. TZD) 2828 3 Case 2:17-bk-17292-VZ Doc 41 Filed 06/20/17 Entered 06/20/17 17:03:08 Desc Main Document Page 6 of 10 11 Baltimore, Maryland 21202 2 2 33 C. The Debtor is authorized to reject twenty two (22) of the Debtor’s unexpired 44 non-residential real property leases relating to the Debtor’s retail stores which the Debtor 55 vacated and is no longer operating as of the Petition Date that are identified in the table 66 immediately below, with the rejection of such leases for the Vacated Retail Stores to be deemed 77 effective as of the Petition Date: 88 Store Name & Landlord Store Address 99 No. 1010 East Mesa Mall LLC Superstition 6555 E. Southern Ave c/o Macerich Company Springs Mesa, Arizona 85206 1111 401 Wilshire Blvd., Suite 700 (No. AZA) Santa Monica, California 90401 1212 1313 Westday Associates Limited Paradise Valley 4568 E. Cactus Rd. #B022 Partnership Mall Phoenix, Arizona 85032 1414 c/o Macerich Company (No. AZC) 401 Wilshire Blvd., Suite 700 1515 Santa Monica, California 90401 1616 Desert Sky Mall LLC and JCP Realty Desert Sky Mall 7611 W. Thomas Rd. #G5 1717 TIC LLC (No. AZD) Phoenix, Arizona 85033 c/o Macerich Company 1818 401 Wilshire Blvd., Suite 700 Santa Monica, California 90401 19 19 2020 Temecula Towne Center Associates Promenade Mall 40820 Winchester Rd. LLC (No. CAA) Temecula, California 92591 2121 50 Public Square, Suite 1360 Cleveland, Ohio 44113 2222 Newage PHM LLC Puente Hills Mall 1600 Azusa Ave 2323 411 E. Huntington Dr., #305 (No. CAB) City of Industry, California 2424 Arcadia, California 91006 91748 2525 Macerich Lakewood LP Lakewood Center 500 Lakewood Center Dr. #C- c/o Macerich Company (No. CAR) 103 2626 401 Wilshire Blvd., Suite 700 Lakewood, California 90712 2727 Santa Monica, California 90401 2828 4 Case 2:17-bk-17292-VZ Doc 41 Filed 06/20/17 Entered 06/20/17 17:03:08 Desc Main Document Page 7 of 10 11 Imperial Valley Mall II LP Imperial Valley 3451 S. Dogwood Rd #1140 22 c/o CBL & Associates Mall El Centro, California 92243 2030 Hamilton Place Blvd, Suite 500 (No.
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