United States Bankruptcy Court Western District of Michigan
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Case:15-00643-jtg Doc #:249-1 Filed: 03/06/15 Page 1 of 120 B6 Summary (Official Form 6 - Summary) (12/07) United States Bankruptcy Court Western District Of Michigan In re Family Christian, LLC , Case No. 15-00643-jtg Debtor Chapter 11 AMENDED SUMMARY OF SCHEDULES Indicate as to each schedule whether that schedule is attached and state the number of pages in each. Report the totals from Schedules A, B, D, E, F, I, and J in the boxes provided. Add the amounts from Schedules A and B to determine the total amount of the debtor’s assets. Add the amounts of all claims from Schedules D, E, and F to determine the total amount of the debtor’s liabilities. Individual debtors also must complete the “Statistical Summary of Certain Liabilities and Related Data” if they file a case under chapter 7, 11, or 13. ATTACHED NAME OF SCHEDULE (YES/NO) NO. OF SHEETS ASSETS LIABILITIES OTHER A - Real Property Yes 1 $0 B - Personal Property Yes 6 $74,804,981 C - Property Claimed Yes 1 as Exempt Yes 2 D - Creditors Holding $59,785,854 Secured Claims E - Creditors Holding Unsecured Yes 13 $5,759,589 Priority Claims (Total of Claims on Schedule E) F - Creditors Holding Unsecured Yes 117 $61,868,555 Nonpriority Claims Yes 35 G - Executory Contracts and Unexpired Leases Yes 1 H - Codebtors I - Current Income of $ Individual Debtor(s) J - Current Expenditures of Individual $ Debtors(s) 176 TOTAL $74,804,981 $127,413,998 Case:15-00643-jtg Doc #:249-1 Filed: 03/06/15 Page 2 of 120 B 6D (Official Form 6D) (12/07) In re Family Christian, LLC Case No. 15-00643-jtg Debtor (If known) AMENDED SCHEDULE D - CREDITORS HOLDING SECURED CLAIMS State the name, mailing address, including zip code, and last four digits of any account number of all entities holding claims secured by property of the debtor as of the date of filing of the petition. The complete account number of any account the debtor has with the creditor is useful to the trustee and the creditor and may be provided if the debtor chooses to do so. List creditors holding all types of secured interests such as judgment liens, garnishments, statutory liens, mortgages, deeds of trust, and other security interests. List creditors in alphabetical order to the extent practicable. If a minor child is the creditor, state the child's initials and the name and address of the child's parent or guardian, such as "A.B., a minor child, by John Doe, guardian." Do not disclose the child's name. See, 11 U.S.C. §112 and Fed. R. Bankr. P. 1007(m). If all secured creditors will not fit on this page, use the continuation sheet provided. If any entity other than a spouse in a joint case may be jointly liable on a claim, place an “X” in the column labeled “Codebtor,” include the entity on the appropriate schedule of creditors, and complete Schedule H – Codebtors. If a joint petition is filed, state whether the husband, wife, both of them, or the marital community may be liable on each claim by placing an “H,” “W,” “J,” or “C” in the column labeled “Husband, Wife, Joint, or Community.” If the claim is contingent, place an “X” in the column labeled “Contingent.” If the claim is unliquidated, place an “X” in the column labeled “Unliquidated.” If the claim is disputed, place an “X” in the column labeled “Disputed.” (You may need to place an “X” in more than one of these three columns.) Total the columns labeled “Amount of Claim Without Deducting Value of Collateral” and “Unsecured Portion, if Any” in the boxes labeled “Total(s)” on the last sheet of the completed schedule. Report the total from the column labeled “Amount of Claim Without Deducting Value of Collateral” also on the Summary of Schedules and, if the debtor is an individual with primarily consumer debts, report the total from the column labeled “Unsecured Portion, if Any” on the Statistical Summary of Certain Liabilities and Related Data. □ Check this box if debtor has no creditors holding secured claims to report on this Schedule D. CREDITOR’S NAME AND DATE CLAIM WAS AMOUNT OF CLAIM UNSECURED T FE, ED I N MAILING ADDRESS INCURRED, T WITHOUT PORTION, IF W OR OR INCLUDING ZIP CODE AND NATURE OF LIEN , DEDUCTING VALUE ANY DA AN ACCOUNT NUMBER AND I OF COLLATERAL (See Instructions Above.) DESCRIPTION JOINT, AND VALUE OF DISPUTED CODEBTOR COMMUNITY CONTINGE PROPERTY UNLIQU HUSBAND, SUBJECT TO LIEN ACCOUNT NO. November 14, 2012; $34,200,000 Principal x Unknown Term Loan. First lien on Credit Suisse AG Caymen Islands FFE and intangibles. Attn: Jens Ernberg $154,603 Interest 11 Madison Avenue Second lien on other assets New York, NY 10010 VALUE $Unknown ACCOUNT NO. November 17, 2014; $23,072,000 Principal x Unknown Revolving Credit FC Special Funding, LLC Facility. First lien on 1050 Crown Point Parkway $45,612 Interest Suite 950 inventory and accounts Atlanta, GA 30338 receivable. Second lien on other assets VALUE $Unknown ACCOUNT NO. Various $1,861,572 x x Unknown Baker book House – Consignment Attention: Bill Shady Certain consigned 6030 E Fulton, MI 49301-6287 inventory - value unknown VALUE $ UnknownSubtotal ► 1continuation sheets attached $59,333,787 $ (Total of this page) Total ► $ $ (Use only on last page) (Report also on Summary of (If applicable, report Schedules.) also on Statistical Summary of Certain Liabilities and Related Data.) Case:15-00643-jtg Doc #:249-1 Filed: 03/06/15 Page 3 of 120 B 6D (Official Form 6D) (12/07) – Cont. 2 In re _Family Christian, LLC Case No. 15-00643-jtg Debtor (if known) AMENDED SCHEDULE D - CREDITORS HOLDING SECURED CLAIMS (Continuation Sheet) E, CREDITOR’S NAME AND DATE CLAIM WAS D AMOUNT OF CLAIM UNSECURED F E MAILING ADDRESS R INCURRED, NATURE WITHOUT PORTION, IF OR WI O INCLUDING ZIP CODE T OF LIEN , AND DEDUCTING VALUE ANY GENT DAT I AND AN ACCOUNT DESCRIPTION AND N OF COLLATERAL ND, INT, NUMBER A VALUE OF PROPERTY O J (See Instructions Above.) SUBJECT TO LIEN DISPUTED CODEB COMMUNITY CONTI UNLIQU HUSB ACCOUNT NO. Various x x $452,067 Unknown Simon & Schuster Certain consigned inventory Consignment Vendor – value unknown 100Front Street Riverside, NJ 08075 VALUE $ Unknown ACCOUNT NO. VALUE $ ACCOUNT NO. VALUE $ ACCOUNT NO. VALUE $ ACCOUNT NO. VALUE $ Sheet no. 1of 1continuation sheets Subtotal (s)► $452,067 $ attached to Schedule of Creditors (Total(s) of this page) Holding Secured Claims Total(s) ► $ 59,785,854 $ (Use only on last page) (Report also on (If applicable, report Summary of Schedules.) also on Statistical Summary of Certain Liabilities and Related Data.) In re Family Christian LLC Case:15-00643-jtg Doc #:249-1 Filed: 03/06/15 Page 4 of 120 Case No.15-00643-jtg Debtor (if known) AMENDED SCHEDULE F - CREDITORS HOLDING UNSECURED NONPRIORITY CLAIMS State the name, mailing address, including zip code, and last four digits of any account number, of all entities holding unsecured claims without priority against the debtor or the property of the debtor, as of the date of filing of the petition. The complete account number of any account the debtor has with the creditor is useful to the trustee and the creditor and may be provided if the debtor chooses to do so. If a minor child is a creditor, state the child's initials and the name and address of the child's parent or guardian, such as "A.B., a minor child, by John Doe, guardian." Do not disclose the child's name. See, 11 U.S.C. §112 and Fed. R. Bankr. P. 1007(m). Do not include claims listed in Schedules D and E. If all creditors will not fit on this page, use the continuation sheet provided. If any entity other than a spouse in a joint case may be jointly liable on a claim, place an “X” in the column labeled “Codebtor,” include the entity on the appropriate schedule of creditors, and complete Schedule H - Codebtors. If a joint petition is filed, state whether the husband, wife, both of them, or the marital community may be liable on each claim by placing an “H,” “W,” “J,” or “C” in the column labeled “Husband, Wife, Joint, or Community.” If the claim is contingent, place an “X” in the column labeled “Contingent.” If the claim is unliquidated, place an “X” in the column labeled “Unliquidated.” If the claim is disputed, place an “X” in the column labeled “Disputed.” (You may need to place an “X” in more than one of these three columns.) Report the total of all claims listed on this schedule in the box labeled “Total” on the last sheet of the completed schedule. Report this total also on the Summary of Schedules and, if the debtor is an individual with primarily consumer debts, report this total also on the Statistical Summary of Certain Liabilities and Related Data.. DATE CLAIM WAS INCURRED AND CONSIDERATION FOR CREDITOR'S NAME, MAILING ADDRESS CLAIM. IF CLAIM IS INCLUDING ZIP CODE AND ACCOUNT SUBJECT TO SETOFF, SO AMOUNT OF CODEBTOR HUSBAND, JOINT OR WIFE, COMMUNITY CONTINGENT DISPUTED NUMBER STATE. UNLIQUIDATED CLAIM Harper Collins-Zondervan x 3900 Sparks Dr SE Grand Rapids MI 49546 8,201,357.41 CAPITOL CHRISTIAN DISTRIBUTION x PO BOX 88980 CHICAGO IL 606951980 3,615,577.55 TYNDALE HOUSE PUBLISHERS ATTN SHARON HEGGELAND x 351 EXECUTIVE DR CAROL STREAM IL 60188 2,234,899.76 PROVIDENT MUSIC DISTRIBUTION x 741 COOL SPRINGS BLVD FRANKLIN TN 37067 2,114,482.85 DAYSPRING CARDS x 21154 HWY 16 E SILOAM SPRINGS AR 727615324 2,108,211.39 WORD ENTERTAINMENT ATTN: RICKY WIDMER x 25 MUSIC SQUARE WEST NASHVILLE TN 37203 1,730,216.14 DICKSONS x 709 B AVE SEYMOUR IN 47274 1,242,717.18 B&H PUBLISHING GROUP ATTN: ACCOUNTS RECEIVABLE, MSN 114 x 127 NINTH AVE N NASHVILLE TN 37234 1,092,067.26 DEMDACO x PO Box 803314 Kansas City KS 641803314 937,985.74 CHRISTIAN ART GIFTS - CONSIGNMENT x 359 LONGVIEW DR BLOOMINGDALE IL 60108 845,327.32 SPRING ARBOR/INGRAM DISTRIBUTION ATTN: PRICILLA HOBBS x 1 INGRAM BLVD LAVERGNE TN 37086 694,557.95 GOOD NEWS/CROSSWAY BOOKS ATTN: BILL ANDERSON x 1300 CRESCENT ST WHEATON IL 60187 649,757.08 Family Chrisitan - World Vision x 5300 Patterson Ave SE Grand Rapids MI 49530 625,000.00 Barbour Publishing x 7975 Reliable Parkway Chicago IL 60686 593,632.98 FAITHWORDS 12 CADILLAC DRIVE x SUITE 480 BRENTWOOD TN 37027-5272 540,902.87 Sheet no.