Case 18-12394-CSS Doc 547 Filed 06/03/19 Page 1 of 3

IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE

) In re: ) Chapter 11 ) NSC WHOLESALE HOLDINGS LLC, et al.,1 ) Case No. 18-12394 (CSS) ) Debtors. ) Jointly Administered )

PROOF OF PUBLICATION OF THE NEW YORK TIMES OF NOTICE OF (I) APPROVAL ON INTERIM BASIS OF COMBINED PLAN AND DISCLOSURE STATEMENT AS CONTAINING ADEQUATE INFORMATION FOR SOLICITATION PURPOSES, (II) DEADLINE FOR CASTING VOTES TO ACCEPT OR REJECT THE COMBINED DISCLOSURE STATEMENT AND PLAN, AND (III) CONFIRMATION HEARING TO CONSIDER (A) FINAL APPROVAL OF COMBINED DISCLOSURE STATEMENT AND PLAN AND (B) CONFIRMATION OF COMBINED PLAN AND DISCLOSURE STATEMENT

1 The Debtors in these cases, along with the last four digits of each Debtor’s federal tax identification number, are: NSC Wholesale Holdings LLC (6210); National Wholesale Liquidators of Lodi, Inc. (4301); National Realty Holdings LLC (4779); NSC of West Hempstead, LLC (5582); Top Key LLC (7503); BP Liquor LLC (2059); and Teara LLC (8660). The Debtors’ mailing address is 111 Hempstead Turnpike, West Hempstead, NY 11552.

35026499.1 6/3/19 Case 18-12394-CSS Doc 547 Filed 06/03/19 Page 2 of 3 Case 18-12394-CSS Doc 547 Filed 06/03/19 Page 3 of 3 C M Y K Nxxx,2019-06-03,B,002,Bs-BW,E2

B2 0 N THE NEW YORK TIMES, MONDAY, JUNE 3, 2019

TECHNOLOGY | AVIATION

Slack Heads Into I.P.O., and Its Outspoken C.E.O. Is Tight-Lipped FROM FIRST BUSINESS PAGE that read, “Dear Microsoft, Wow. year was supposed to be a banner Big news!” A letter accompanying one for tech public offerings. But the ad praised the virtue of in recent months, the stocks of the “thoughtfulness and craftsman- ride-hailing firms Lyft and Uber ship,” implying that ’s soft- have fizzled after their initial pub- ware contained intangible ele- lic offerings, raising questions ments that a behemoth like Micro- about whether other tech compa- soft could not replicate. nies would meet the same fate. Microsoft Teams is now used by Now many eyes are on Slack more than 500,000 organizations, and how it performs after going compared with Slack’s more than public. The company is planning a 600,000. Microsoft said Teams has “direct listing,” where it will not is- seen “incredible adoption.” It did sue new shares to sell, but simply not have a comment on Slack. let its shares start trading on a Throughout, Mr. Butterfield has stock market. Its share price will rarely held back his thoughts. be set solely by demand from pub- When Mr. De Niro cursed at him at lic-market investors. an awards event in 2015, Mr. But- Slack also faces a crucial test as terfield was delighted and it transitions from a viral chat app tweeted, “#Lifegoals.” That same to a more traditional operation year, when The Times asked if he selling workplace technology to thought Slack was worth its steep global corporations. It will be no valuation, he said, “It is, because easy task as Mr. Butterfield deals people say it is.” with competition from Microsoft, Yet as Slack has matured, Mr. which offers a product called Butterfield has had to hone his Teams, and as Cisco and Face- chief executive skills. He discov- book push similar tools. Slack is ered that any feedback he gave, no small compared with those gi- matter how casual, was taken se- ants; on Friday, it disclosed that it riously by employees, said April lost $32 million in the first quarter, Underwood, Slack’s former chief while revenue rose 67 percent product officer. As a result, he from a year ago to $135 million. tempered some comments, she “There is one set of skills in said. making technology find the lips of He has also grappled with how all young developers around the to “lead leaders” in the executives world,” said Michael Facemire, an he hired, Mr. Costello said. “I analyst at Forrester. “There’s an- know that is the area that has been other set of skills to sell that into most challenging for him.” PHOTOGRAPHS BY CARLOS CHAVARRÍA FOR THE NEW YORK TIMES the enterprise.” And Mr. Butterfield has learned Mr. Butterfield appears to be Slack’s offices in San Francisco. The workplace messaging start-up, which Stewart Butterfield, below, co-founded in 2009, is set to go public on June 20. that when you say the wrong thing feeling the weight of responsibil- publicly, it reflects on the entire ity. In April, at a conference Slack like baking or meditation. and the pleasure of applying that company, Mr. Dash said. “There’s holds for customers and partners “There was always a weird po- craft to build interesting, useful, such a different weight to it than in San Francisco, he riffed in an etic bent to what he did,” said Anil beautiful things.” when it’s just your ac- onstage interview with the tennis Dash, a friend of Mr. Butterfield’s Now Mr. Butterfield fills his count,” Mr. Dash said. megastar Serena Williams about and chief executive of a software home with useful, beautiful Lately, Mr. Butterfield has kept how much rested on his shoul- company that also took the name things, Ms. Rubio said. Those in- his tweets focused on his personal ders. “The success of the busi- Glitch. clude a leather-wrapped console life. When Ms. Rubio’s company ness, the happiness of the employ- When the video game failed to table from the luxury Americana announced last month that it had ees, its impact on customers — all take off, Mr. Butterfield focused furniture brand BDDW and a set raised a fresh $100 million, he re- that stuff,” he said. “It can be a lot the company on an internal mes- of Japanese kitchen knives se- sponded by proposing to her on to manage.” saging system they had created. lected for craftsmanship and the Twitter while sharing the funding Mr. Butterfield, who spent his Slack, which is an acronym for quality of the steel. news. early years at a commune in “Searchable Log of All Conversa- He approached Slack’s software “Let’s make today a double- British Columbia, was named tion and Knowledge,” was publicly interface in a similar way, think- whammy — @Jennifer, will you Dharma at birth. At age 12, he released in 2014 and quickly ing philosophically about each marry me? Promise I’m not a changed his name to Daniel. adopted by tech start-up workers feature. Slack’s ability to “snooze” golddigger,” he tweeted, noting (Stewart is his middle name.) At to message one another and hold messages received outside of that she was on a flight. In reality, the , where group conversations. work hours, for example, reflects they were at a restaurant with col- he studied philosophy, he discov- Slack’s explosive growth soon Mr. Butterfield’s empathy for us- leagues celebrating the funding; ered Usenet, email and Internet made it an investor darling. The ers, said Bradley Horowitz, an in- the group had suggested the tweet Relay Chat — the web protocol Mr. Butterfield, Slack’s chief executive. His company is valued at $7.1 billion. company raised $1.4 billion in vestor in the company. as a joke, Ms. Rubio said. that forms the basis of Slack. funding from venture capital Slack’s success has also made it Over Memorial Day weekend, After graduating, he worked as firms like Accel and Andreessen an acquisition target; it previ- Mr. Butterfield proposed for real a web designer and blogged about Yahoo bought in 2005 for mismanagement, went viral. Horowitz, as well as SoftBank’s ously rebuffed interest from on a hike in Tofino, British Colum- photography and tech nerdery. around $25 million, and Mr. But- (That same year, he and Ms. Fake Vision Fund. Its valuation reached Microsoft, Amazon and Google. bia, with a ring he had purchased Along with his wife at the time, terfield and Ms. Fake began divorced.) $7.1 billion in four years. Some of those giants have since before the now infamous tweet. , and a friend, Jason spending more time in Silicon Val- Slack grew out of Mr. Butter- Eric Costello, a Ludicorp em- directly taken on Slack. Ms. Rubio said she momentarily Classon, Mr. Butterfield eventu- ley. Mr. Butterfield left Yahoo in field’s second attempt at building ployee and Slack co-founder, said In 2016, Microsoft released wondered if he was only propos- ally co-founded Ludicorp, a com- 2008 — but not before his email a gaming start-up. The game, Mr. Butterfield was never driven Teams, a chat and collaboration ing because of Twitter, asking, pany based in Vancouver, British resignation, which included an called Glitch, was a “massively by “being successful for its own app that integrates with its Office “Are you serious?” Columbia, which created a video elaborate, farcical story about tin- multiplayer online” game where, sake, or just making lots of software. In response, Mr. Butter- She also said yes. Mr. Butter- game called Game Neverending smithing that served as a meta- instead of killing enemies, players money.” Instead, Mr. Costello said, field bought a full-page newspa- field later shared a photo of the and a photo-sharing site, Flickr. phor for the internet company’s went on quests and learned skills Mr. Butterfield enjoyed “the craft per ad in The New York Times moment on Twitter.

IN THE UNITED STATES BANKRUPTCY COURT 8300; or (c) sending a written request to the Balloting Agent via e-mail FOR THE DISTRICT OF DELAWARE to [email protected]. All submitted Ballots will In re: NSC WHOLESALE ) Chapter 11, Case No. 18-12394 (CSS) be tabulated according to the rules set forth in the Interim Approval and HOLDINGS LLC, et al ., 1 ) Jointly Administered Procedures Order. Debtors. ) Related to Docket No. 534 6. Objections, if any, to Confirmation of the Combined Disclosure White House’s Top Economist Is to Depart ‘Shortly’ Max 737 Jets NOTICE OF (I) APPROVAL ON INTERIM BASIS OF COMBINED Statement and Plan, including any supporting memoranda, must (i) be PLAN AND DISCLOSURE STATEMENT AS CONTAINING ADEQUATE made in writing; (ii) state the name and address of the objecting party INFORMATION FOR SOLICITATION PURPOSES, (II) DEADLINE and the nature of the Claim or Equity Interest of such party; (iii) state By JIM TANKERSLEY FOR CASTING VOTES TO ACCEPT OR REJECT THE COMBINED with particularity the legal and factual basis and nature of any objection May Include DISCLOSURE STATEMENT AND PLAN, AND (III) CONFIRMATION to the Combined Disclosure Statement and Plan; and (iv) be filed with the WASHINGTON — The chairman of HEARING TO CONSIDER (A) FINAL APPROVAL OF COMBINED Bankruptcy Court, together with proof of service, and served so that they DISCLOSURE STATEMENT AND PLAN AND (B) CONFIRMATION OF are received on or before July 8, 2019, at 4:00 p.m. (prevailing Eastern the White House Council of Eco- COMBINED PLAN AND DISCLOSURE STATEMENT Time) (the “ Objection Deadline ”) by the following parties: (a) counsel Faulty Parts, to the Debtors, Saul Ewing Arnstein & Lehr LLP, 1201 North Market Street, nomic Advisers, Kevin A. Hassett, PLEASE TAKE NOTICE OF THE FOLLOWING: Suite 2300, P.O. Box 1266, Wilmington, Delaware 19899 (Attn.: Mark 1. On May 8, 2019, the above-captioned debtors and debtors in posses- Minuti, Esq.); (b) counsel to Capital One, N.A., (i) King & Spalding LLP, 1180 will depart “shortly,” President sion (the “ Debtors ”) filed the Debtors’ Combined Disclosure Statement and Peachtree Street, NE Suite 1600, Atlanta, CA 30309 (Attn: W. Austin Jowers, Plan of Liquidation [Docket No. 497] (as may be amended, modified and/or Trump said on Sunday, winnow- F.A.A. Warns 2 Esq.), and (ii) Chipman Brown Cicero & Cole, LLP, 1313 North Market Street, supplemented, the “ Combined Disclosure Statement and Plan ”). Suite 5400, Wilmington, Delaware 19801 (Attn: William E. Chipman, Jr., ing another advocate of tradi- 2. On May 29, 2019, the Court entered an order (i) approving on Esq.); (c) counsel to the Official Committee of Unsecured Creditors, Drinker WASHINGTON (REUTERS) — an interim basis the disclosure provided in the Combined Disclosure Biddle & Reath LLP, 600 Campus Drive, Florham Park, NJ 07932 (Attn: tional conservative positions on The Statement and Plan, and (ii) approving certain solicitation procedures to Robert K. Malone, Esq.) and 222 Delaware Avenue, Suite 1410, Wilmington, trade from the ranks of Mr. Federal Aviation Administration be applied in connection with the solicitation of the Combined Disclosure DE 19801 (Attn: Patrick A. Jackson, Esq.); and (d) counsel to the Office of the Statement and Plan (the “ Int erim Approval and Procedures Order ”) United States Trustee, 844 King Street, Suite 2207, Wilmington, DE 19801 Trump’s advisers. said on Sunday that some Boeing [Docket No. 534]. (Attn: David L. Buchbinder, Esq.). Objections not timely filed and served in 737 Max planes might have parts 3. A hearing (the “ Confirmation Hearing ”) to consider final the manner set forth in the Interim Approval and Procedures Order shall Mr. Hassett had not publicly approval of the disclosures made in the Combined Disclosure Statement not be considered and shall be deemed overruled. that were improperly manufac- and Plan and confirmation of the Combined Disclosure Statement and Plan telegraphed an intention to leave, 7. The Combined Disclosure Statement and Plan is on file with the tured, requiring replacements, will be held before the Honorable Christopher S. Sontchi, United States Clerk of the Bankruptcy Court and may be examined by any interested but he said in an interview on Sun- Bankruptcy Judge, on the 5th floor of the Bankruptcy Court, Courtroom party at the Clerk’s office at any time during regular business hours or by day night that he had discussed the latest issue to hit the world’s No. 6, 824 North Market Street, Wilmington, Delaware 19801, on July 16, accessing the Balloting Agent by (a) visiting the Debtors’ case website 2019 at 10:00 a.m. (EST) . The Confirmation Hearing may be continued (https://omnimgt.com/nsc); (b) telephoning the Balloting Agent at the move with the president last largest plane maker. from time to time without further notice other than the announcement (888) 585-6496 or (818) 906-8300; or (c) sending a written request to the The F.A.A. said up to 148 “lead- by the Debtors in open court of the adjourned date(s) at the Confirmation Balloting Agent via e-mail to [email protected]. In week and that it was not related to Hearing or any continued hearing or in any notice filed with the Court. addition, copies of the Combined Disclosure Statement and Plan may be trade policy or any other con- ing edge slat tracks” manufac- 4. Pursuant to the Interim Approval and Procedures Order, the obtained at or viewed on the Bankruptcy Court’s website (http://www. tured by a Boeing supplier were Bankruptcy Court established July 8, 2019 at 5:00 p.m. (prevailing deb.uscourts.gov) by following the directions for accessing the ECF system tentious issue in the White House. Eastern Time) (the “ Voting Deadline ”) as the deadline by which Ballots on such website. KEVIN LAMARQUE/REUTERS affected and cover 179 Max air- accepting or rejecting the Combined Disclosure Statement and Plan must Dated: May 30, 2019 “It’s just normal, circle-of-life be received. To be counted, your original Ballots must actually be received craft as well as 133 of Boeing’s 737 SAUL EWING ARNSTEIN & LEHR LLP, By: /s/ Monique B. DiSabatino , Mark kind of things,” Mr. Hassett said. President Trump said Kevin A. Hassett, seen in April, is leaving. on or before the Voting Deadline by Omni Management Group Inc. at NSC Minuti (DE Bar No. 2659), Monique B. DiSabatino (DE Bar No. 6027), 1201 N. NG jets, for Next Generation, the Wholesale Holdings, LLC, et al., c/o Omni Management Group, 5955 DeSoto Market Street, Suite 2300, P.O. Box 1266, Wilmington, DE 19899, Telephone: “It has nothing to do with any pol- Ave., Suite 100, Woodland Hills, CA 91367. Ballots may be sent by first class (302) 421-6840, Fax: (302) 421-5873, [email protected], monique. model before the Max. The agency mail, personal delivery, or overnight courier. Ballots transmitted by [email protected], Counsel for Debtors and Debtors in Possession icy disagreements. The president into law in late 2017 and a stalwart other trading partners. facsimile, e-mail, or other electronic means will not be counted; 1 said a complete failure of a leading however, completed Ballots can be submitted electronically The Debtors in these cases, along with the last four digits of each and I are quite friendly.” optimist about the economic More protectionist voices have Debtor’s federal tax identification number, are: NSC Wholesale Holdings edge slat track would not bring through the Balloting Agent’s case website at the following web He said two years was histori- growth those tax cuts could spur address by clicking on “Submit a Ballot:” https://omnimgt.com/ LLC (6210); National Wholesale Liquidators of Lodi, Inc. (4301); NSC Realty been carrying the day with Mr. down an aircraft, but a failed part nscballotsubmission . Holdings LLC (4779); NSC of West Hempstead, LLC (5582); Top Key LLC cally the normal tenure for a for years to come. Mr. Hassett and Trump in recent weeks. Mr. Has- 5. If you have not received a Ballot and believe you are entitled to vote (7503); BP Liquor LLC (2059); and Teara LLC (8660). The Debtors’ mailing could damage the plane in flight. address is 111 Hempstead Turnpike, West Hempstead, NY 11552. chairman of the council, and “re- his team projected significantly sett was excluded from a White on the Combined Disclosure Statement and Plan, you may request a Ballot 2 Slats are movable panels that and voting instructions appropriate for your Claim from the Balloting Capitalized terms used but otherwise not defined in this Confirmation ally an important part of the insti- stronger growth for this year than Agent by (a) visiting the Debtors’ case website (https://omnimgt.com/ Hearing Notice have meanings ascribed to such terms in the Interim House meeting last week at which extend along the front of the wing nsc); (b) telephoning the Balloting Agent at ( 888) 585-6496 or (818) 906- Approval and Procedures Order or the Combined Disclosure Statement and their counterparts on Wall Street Plan, as applicable. tution.” Mr. Trump decided to impose es- during takeoffs and landings to “It really guarantees you’re get- calating tariffs on Mexico in hopes provide additional lift. The tracks Call for Heirs ting fresh eyes,” he continued, “an of forcing the Mexican govern- are built into the wing. The following person, last domiciled in Zurich, passed away on 26 October 2013: eye on academic literature that A defender of the ment to crack down on immi- Martha Wildmann, née Hanauer, born in Wiesenfeld, Germany, on 14 December 1911, daugher of Salli Hanauer, born in Wiesenfeld, The 737 Max was grounded Germany, on 21 August 1881, and deceased in Dachau, Germany, on 24 November 1940, and of Rosa, née Goldschmidt, born in Germany doesn’t depend on White House president’s tax cuts grants crossing America’s south- globally in March after a fatal on 27 December 1874, and deceased in Theresienstadt, Czech Republic, on 20 December 1942. politics.” western border. Ethiopian Airlines crash and a The following parental relatives of the testator are called upon to come forward in the matter of this estate: Mr. Trump announced Mr. Has- In the past year, Mr. Hassett has 1. any as yet unknown descendants of the testator’s sister Hilda Goldner, born in Wiesenfeld, Germany, on 3 June 1910, and deceased in Tel and trade policies. Yosef, Israel, on 30 December 2002, sett’s pending departure on Twit- focused significant effort on car- 2. any descendants of the testator’s brother Arthur Hanauer, born in Wiesenfeld, Germany, on 9 December 1913, and deceased in New York, ter and promised to name a re- rying out a provision of the tax Yet another problem United States, on 27 February 2001, and at the Federal Reserve, a di- 3. any descendants of the testator’s brother Leo Hanauer, born in Wiesenfeld, Germany, on 4 October 1917, and apparently deceased, and placement soon. cuts, so-called opportunity zones, 4. any other sisters or brothers of the testator, or their descendants. Mr. Hassett was an economist vide that stemmed in large part that create tax incentives for in- for a grounded The persons called upon to come forward are requested to report to the Single Court in Inheritance Matters, within one year of publication (see at the American Enterprise Insti- from the administration’s faith in vestment in distressed parts of address below). They must submit suitable documents supporting their claim to the inheritance; otherwise their claim will not be taken into the enduring power of tax cuts to Boeing plane. account. Submissions to the court must be made in English, German, French or Italian. tute, a conservative think tank in the country. Mr. Hassett helped Zurich District Court Washington, when Mr. Trump stimulate investment and busi- draft and develop the opportuni- Single Court in Inheritance Matters chose him to serve as the adminis- ness activity. ty-zone concept well before join- crash of a Lion Air jet in Indonesia Wengistrasse 30, 8004 Zurich, Switzerland tration’s top academic economist. While he has defended Mr. ing the administration, and he has in October. The two 737 Max He advised Mitt Romney, the 2012 Trump’s trade policies on televi- used his position to champion the crashes killed 346 people. Republican nominee, during his sion and in other public appear- program and push internally for In both cases, preliminary in- presidential run. His research has ances, Mr. Hassett has often been measures that would maximize vestigations suggest that there long focused on the potential to a voice inside the administration the amount of investment it could were problems with so-called an- expand economic growth — and for a more traditionally conserva- drive to start-ups and other busi- gle of attack sensors early in the middle-class earnings — by cut- tive view of trade — one that nesses in opportunity zones. flights, activating new anti-stall ting corporate tax rates. pushes to open markets to trade Mr. Hassett said on Sunday that software that sent the planes into In the administration, he has and that often opposes tariffs, Mr. he did not know what his next unrecoverable nose-dives. Support been a champion of the corporate Trump’s favorite weapon in his move would be. “It makes me sad Boeing has not yet submitted a tax cuts that Mr. Trump signed disputes with China, Mexico and to leave,” he said. software upgrade to the F.A.A. brighter futures. Boeing did not immediately com- ment on Sunday. Learn how you can sponsor The F.A.A. said Boeing had classroom subscriptions at identified groups of both 737 NG nytimes.com/sponsor. and 737 Max planes on which the suspect parts may have been in- stalled worldwide. The parts “may be susceptible to premature failure or cracks resulting from the improper manufacturing process,” the agency said.