IN the UNITED STATES BANKRUPTCY COURT for the EASTERN DISTRICT of VIRGINIA RICHMOND DIVISION ) in Re: ) Chapter 11 ) LE TOTE, IN
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Case 20-33332-KLP Doc 1128 Filed 04/01/21 Entered 04/01/21 15:20:30 Desc Main Document Page 1 of 8 Steven N. Serajeddini, P.C. (admitted pro hac vice) Michael A. Condyles (VA 27807) KIRKLAND & ELLIS LLP Peter J. Barrett (VA 46179) KIRKLAND & ELLIS INTERNATIONAL LLP Jeremy S. Williams (VA 77469) 601 Lexington Avenue Brian H. Richardson (VA 92477) New York, New York 10022 KUTAK ROCK LLP Telephone: (212) 446-4800 901 East Byrd Street, Suite 1000 Facsimile: (212) 446-4900 Richmond, Virginia 23219-4071 Telephone: (804) 644-1700 -and- Facsimile: (804) 783-6192 David L. Eaton (admitted pro hac vice) Jaimie Fedell (admitted pro hac vice) KIRKLAND & ELLIS LLP KIRKLAND & ELLIS INTERNATIONAL LLP 300 North La Salle Street Chicago, Illinois 60654 Telephone: (312) 862-2000 Facsimile: (312) 862-2200 Co-Counsel to the Reorganized Debtors IN THE UNITED STATES BANKRUPTCY COURT FOR THE EASTERN DISTRICT OF VIRGINIA RICHMOND DIVISION ) In re: ) Chapter 11 ) LE TOTE, INC., et al.,1 ) Case No. 20-33332 (KLP) ) Reorganized Debtors. ) (Jointly Administered) ) NOTICE OF FILING OF SUMMARY REPORT REGARDING STORE CLOSING PROCESS PLEASE TAKE NOTICE that on August, 2, 2020, the Debtors filed the Debtors Motion for Entry of Interim and Final Orders (I) Authorizing the Debtors to Assume the Consulting Agreement, (II) Authorize and Approving the Conduct of Store Closing Sales, With Such Sales to Be Free and Clear of All Liens, Claims, and Encumbrances, (III) Authorizing Customary Bonuses to Employees of Closing Stores, (IV) Authorizing and Approving the Store Closing Procedures, 1 A complete list of each of the Debtors in these chapter 11 cases may be obtained on the website of the Debtors’ claims and noticing agent at https://cases.stretto.com/letote/. The location of the Debtors’ service address is 8790 Beckett Road, West Chester, OH 45069. Case 20-33332-KLP Doc 1128 Filed 04/01/21 Entered 04/01/21 15:20:30 Desc Main Document Page 2 of 8 and (V) Granting Related Relief (the “Store Closing Motion”) [Docket No. 16], pursuant to which the Debtors sought, among other things, to conduct an orderly liquidation of the Debtors’ store operations. PLEASE TAKE FURTHER NOTICE that on August 28, 2020, the Court entered the Final Order (I) Authorizing the Debtors to Assume the Consulting Agreement, (II) Authorize and Approving the Conduct of Store Closing Sales, With Such Sales to Be Free and Clear of All Liens, Claims, and Encumbrances, (III) Authorizing Customary Bonuses to Employees of Closing Stores, (IV) Authorizing and Approving the Store Closing Procedures, and (V) Granting Related Relief [Docket No. 266] (the “Store Closing Order”). The Store Closing Order provides that, among other things, upon the conclusion of the Sale, “the Debtors shall (a) file with the Court a summary report of the store closing process that will include (i) a list of the stores closed and (ii) gross revenue from the store closing assets sold, and (b) file with the Court and serve on the U.S. Trustee a report showing payment of each of the Consultant’s fees, setting forth detail and information regarding the calculation of such fees paid to the Consultant and expenses reimbursed to the Consultant, provided that such invoice may be redacted for privilege.” PLEASE TAKE FURTHER NOTICE that Le Tote, Inc. and its reorganized debtor affiliates (collectively, the “Reorganized Debtors”), pursuant to the Store Closing Order, are hereby filing this summary report of the store closing process (the “Sale Report”). PLEASE TAKE FURTHER NOTICE that attached hereto as Exhibit A is the list of Debtors’ stores which were closed in accordance with the Store Closing Order. PLEASE TAKE FURTHER NOTICE that attached hereto as Exhibit B is the list of the gross revenue generated in connection with the store closing process. 2 Case 20-33332-KLP Doc 1128 Filed 04/01/21 Entered 04/01/21 15:20:30 Desc Main Document Page 3 of 8 PLEASE TAKE FURTHER NOTICE that attached hereto as Exhibit C is a report showing payment of each of the Consultant’s fees, setting forth detail and information regarding the calculation of such fees paid to the Consultant and expenses reimbursed to the Consultant. PLEASE TAKE FURTHER NOTICE that the Reorganized Debtors reserve the right to amend or supplement this Sale Report from time to time in their sole discretion. [Remainder of page intentionally left blank] 3 Case 20-33332-KLP Doc 1128 Filed 04/01/21 Entered 04/01/21 15:20:30 Desc Main Document Page 4 of 8 Richmond, Virginia Dated: April 1, 2021 /s/ Jeremy S. Williams KUTAK ROCK LLP KIRKLAND & ELLIS LLP Michael A. Condyles (VA 27807) KIRKLAND & ELLIS INTERNATIONAL LLP Peter J. Barrett (VA 46179) Steven N. Serajeddini, P.C. (admitted pro hac vice) Jeremy S. Williams (VA 77469) 601 Lexington Avenue Brian H. Richardson (VA 92477) New York, New York 10022 901 East Byrd Street, Suite 1000 Telephone: (212) 446-4800 Richmond, Virginia 23219-4071 Facsimile: (212) 446-4900 Telephone: (804) 644-1700 Email: [email protected] Facsimile: (804) 783-6192 Email: [email protected] -and- [email protected] [email protected] KIRKLAND & ELLIS LLP [email protected] KIRKLAND & ELLIS INTERNATIONAL LLP David L. Eaton (admitted pro hac vice) Co-Counsel to the Reorganized Debtors Jaimie Fedell (admitted pro hac vice) 300 North La Salle Street Chicago, Illinois 60654 Telephone: (312) 862-2000 Facsimile: (312) 862-2200 Email: [email protected] [email protected] Co-Counsel to the Reorganized Debtors Case 20-33332-KLP Doc 1128 Filed 04/01/21 Entered 04/01/21 15:20:30 Desc Main Document Page 5 of 8 Exhibit A List of Closed Stores Case 20-33332-KLP Doc 1128 Filed 04/01/21 Entered 04/01/21 15:20:30 Desc Main Document Page 6 of 8 Exhibit A: List of Closed Stores Store Address 06002 - MANHASSET 1440 Northern Boulevard, Manhasset, New York 06003 - WESTCHESTER 750 White Plains Road, Scarsdale, New York 06005 - WESTFARMS Westfarms Mall - 400 West Farms Mall, Farmington, Connecticut 06006 - BALA CYNWYD Bala Cynwyd Shopping Center - City Line & Belmont Avenue, Bala Cynwyd, Pennsylvania 06007 - GARDEN CITY 1200 Franklin Avenue, Garden City, New York 06008 - WASHINGTON 5255 Western Avenue, N.W. Washington, DC 20015 06011 - RIDGEWOOD Fashion Center – Route 17 & Ridgewood Avenue, Paramus, New Jersey 06012 - BOSTON Prudential Center - 760 Boylston St, Boston, Massachusetts 06013 - STAMFORD 110 High Ridge Road, Stamford, Connecticut 06017 - BAYSHORE South Shore Mall – 1701 Sunrise Highway, Bay Shore, New York 06020 - GARDEN STATE PLAZA Garden State Plaza – 504 Garden State Plaza, Paramus, New Jersey 06022 - NORTHBROOK Northbrook Court – 1455 Lake Cook Road, Northbrook, Illinois 06023 - WHITE FLINT White Flint Mall - 11311 Rockville Pike, Kensington, Maryland 06028 - TWELVE OAKS Twelve Oaks Mall – 27650 Novi Road, Novi, Michigan 06029 - BURLINGTON Burlington Mall – 1320 Burlington Mall Road, Burlington, Massachusetts 06031 - SOUTH SHORE South Shore Plaza – 250 Granite Street, Braintree, Massachusetts 06035 - WALT WHITMAN Walt Whitman – 158 Walt Whitman Road, Huntington Station, New York 06038 - WILLOWBROOK Willowbrook Mall – 4 Willowbrook Boulevard, Wayne, New Jersey 06046 - BOCA RATON Mizner Park - 200 Plaza Real, Boca Raton, Florida 06048 - FAIR OAKS Fair Oaks Mall – 11900-L Fair Oaks Mall, Fairfax, Virginia 06052 - LIVINGSTON Livingston Mall – 111 Eisenhower Parkway, Livingston, New Jersey 06053 - ROCKAWAY Rockaway Town Square Mall – Rt. 80 & Mt. Hope Road, Rockaway, New Jersey 06054 - BRIDGEWATER Bridgewater Commons – 400 Commons Way, Bridgewater, New Jersey 06055 - WESTFIELD 609 North Avenue, Westfield, New Jersey 06058 - QUAKERBRIDGE Quakerbridge Mall – Route 1 & Quakerbridge Road, Lawrenceville, New Jersey 06059 - FREEHOLD Freehold Raceway Mall – 3710 Highway 9 Suite 1500, Freehold, New Jersey 06061 - DANBURY Danbury Fair Mall - 7 Backus Avenue, Danbury, Connecticut 06063 - WALDEN.BUFFALO Walden Galleria – 8 Walden Galleria, Buffalo, New York 06064 - TRUMBULL Trumbull - 5065 Main Street, Trumbull, Connecticut 06068 - NATICK Natick Mall – 1245 Worcester Road, Natick, Massachusetts 06069 - CROSS GATE ALBANY Crossgates Mall – 1 Crossgates Mall Road, Albany, New York 06070 - SYRACUSE.CAROUSEL Destiny USA - 9629 Destiny USA Drive Syracuse, NY 13204 06073 - WOODFIELD Woodfield Mall – #4 Woodfield Mall, Schaumburg, Illinois 06074 - ROCHESTER.EASTVIEW Eastview Mall - 7979 Pittsford Victor Road, Rochester, New York 06075 - KING OF PRUSSIA King of Prussia Plaza – 180 North Gulph Road, King of Prussia, Pennsylvania 06091 - ROCKINGHAM Rockingham Mall - 99 Rockingham Park Boulevard, Salem, New Hampshire 06092 - RIDGE HILL Ridge Hill Shopping Center – 157 Market Street, Yonkers, New York 06100 - COLUMBIA The Mall in Columbia – 10300 Little Patuxent Parkway, Columbia, Maryland Case 20-33332-KLP Doc 1128 Filed 04/01/21 Entered 04/01/21 15:20:30 Desc Main Document Page 7 of 8 Exhibit B List of Gross Revenue Case 20-33332-KLP Doc 1128 Filed 04/01/21 Entered 04/01/21 15:20:30 Desc Main Document Page 8 of 8 Exhibit C Report of Consultant’s Fees.