Official Form 207 Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy 04/19 the Debtor Must Answer Every Question
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Case 21-11377-abl Doc 114 Entered 05/03/21 06:33:06 Page 1 of 32 Fill in this information to identify the case: Debtor name Splash News & Picture Agency, LLC United States Bankruptcy Court for the: DISTRICT OF NEVADA Case number (if known) 21-11377 Check if this is an amended filing Official Form 207 Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy 04/19 The debtor must answer every question. If more space is needed, attach a separate sheet to this form. On the top of any additional pages, write the debtor’s name and case number (if known). Part 1: Income 1. Gross revenue from business None. Identify the beginning and ending dates of the debtor’s fiscal year, Sources of revenue Gross revenue which may be a calendar year Check all that apply (before deductions and exclusions) From the beginning of the fiscal year to filing date: Operating a business $608,694.00 From 1/01/2021 to Filing Date Other Sale of images For prior year: Operating a business $5,449,860.00 From 1/01/2020 to 12/31/2020 Other Sale of images 2. Non-business revenue Include revenue regardless of whether that revenue is taxable. Non-business income may include interest, dividends, money collected from lawsuits, and royalties. List each source and the gross revenue for each separately. Do not include revenue listed in line 1. None. Description of sources of revenue Gross revenue from each source (before deductions and exclusions) From the beginning of the fiscal year to filing date: From 1/01/2021 to Filing Date Copyright infringement $114,882.00 For prior year: From 1/01/2020 to 12/31/2020 Copyright infringement $118,295.00 Part 2: List Certain Transfers Made Before Filing for Bankruptcy 3. Certain payments or transfers to creditors within 90 days before filing this case List payments or transfers--including expense reimbursements--to any creditor, other than regular employee compensation, within 90 days before filing this case unless the aggregate value of all property transferred to that creditor is less than $6,825. (This amount may be adjusted on 4/01/22 and every 3 years after that with respect to cases filed on or after the date of adjustment.) Official Form 207 Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy page 1 Software Copyright (c) 1996-2021 Best Case, LLC - www.bestcase.com Best Case Bankruptcy Case 21-11377-abl Doc 114 Entered 05/03/21 06:33:06 Page 2 of 32 Debtor Splash News & Picture Agency, LLC Case number (if known) 21-11377 None. Creditor's Name and Address Dates Total amount of value Reasons for payment or transfer Check all that apply 3.1. Husch Blackwell LLP 1/15/2021 $122,506.52* Secured debt P. O. Box 802765 ($9,955.90), *Of this amount, Unsecured loan repayments Kansas City, MO 64180 2/8/2021 $29,994.85 is still held Suppliers or vendors ($10,029.35), in Husch Blackwell’s Services 3/12/2021 trust account. Other Legal Fees & Costs ($5,320.50), and Chapter 11 Retainer 3/22/2021 ($88,823.92), 12/31/2020 ($8,376.85) 3.2. Miles Diggs 1/29/2021 $56,155.02 Secured debt 65 Canterbury Ct. ($7,845.36), Unsecured loan repayments Teaneck, NJ 07666 2/26/2021 Suppliers or vendors ($4,194.78), Services 3/22/2021 Other Royalties ($33,093.21), 12/31/2020 ($11,021.67) 3.3. Pinsent Masons LLP 1/14/2021 $53,044.59 Secured debt 30 Crown Place ($13,740.530) Unsecured loan repayments London EC2A 4ES , 2/8/2021 Suppliers or vendors UK ($17,643.99), Services 2/28/2021 Other Legal Fees ($1,602.45), 3/22/2021 ($20,057.62) 3.4. Axel Springs / BILD 2/10/2021 $41,052.79 Secured debt Str 65 ($1,771.29), Unsecured loan repayments Berlin 10888 DE 3/19/2021 Suppliers or vendors GERMANY ($30,715.44), Services 12/24/2020 Other Royalties ($8,566.06) 3.5. Backgrid USA Inc. 2/26/2021 $40,236.56 Secured debt 700 N. Pacific Coast Highway, Ste 200 ($13,007.99), Unsecured loan repayments Redondo Beach, CA 90277 3/22/2021 Suppliers or vendors ($18,710.95), Services 12/31/2020 Other Royalties ($8.517.62) 3.6. Lewis Brisbois Bisgaard & Smith LLP 2/8/2021 $38,582.50 Secured debt 429 Fourth Avenue, Suite 805 ($21,927.50), Unsecured loan repayments Pittsburgh, PA 15219 3/22/2021 Suppliers or vendors ($16,655.00) Services Other Legal Fees Official Form 207 Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy page 2 Software Copyright (c) 1996-2021 Best Case, LLC - www.bestcase.com Best Case Bankruptcy Case 21-11377-abl Doc 114 Entered 05/03/21 06:33:06 Page 3 of 32 Debtor Splash News & Picture Agency, LLC Case number (if known) 21-11377 Creditor's Name and Address Dates Total amount of value Reasons for payment or transfer Check all that apply 3.7. Ramales Photography LLC 1/29/2021 $35,528.40 Secured debt 221 W. 233rd Street, 2E ($9,248.35), Unsecured loan repayments Bronx, NY 10463 2/26/2021 Suppliers or vendors ($6,328.36), Services 3/22/2021 Other Royalties ($10,960.10), 12/31/2020 ($8,991.59) 3.8. Matt Sprake Photography 1/29/2021 $32,455.81 Secured debt 4 Selbourne Road ($5,533.02), Unsecured loan repayments Southend-on-Sea ES SS2 4AH 2/1/2021 Suppliers or vendors UK ($5,900.44), Services 2/26/2021 Other Royalties/Retainer ($5,656.33), 3/1/2021 ($4,474.85), 12/31/2020 ($10,891.17) 3.9. Splash News (Europe) Limited 3/22/2021 $30,904.47 Secured debt Ground Floor, Egerton House Unsecured loan repayments 68 Baker Street, Weybridge Suppliers or vendors Surrey, UK KT13 8AL Services Other Inter-company debt 3.10 . Evas Photography Inc. 1/29/2021 $29,576.26 Secured debt 85-38 112th Street ($6,829.31), Unsecured loan repayments Richmond Hill, NY 11418 2/26/2021 Suppliers or vendors ($7,244.69), Services 3/22/2021 Other Royalties ($12,412.41), 12/31/2020 ($3,089.85) 3.11 . InCyan Ltd 1/7/2021 $22,546.20 Secured debt 64 Southwark Bridge Road ($10,275.41), Unsecured loan repayments London SE1 0AS 12/31/2020 Suppliers or vendors UK ($12,270.79) Services Other IT platform provider. 3.12 . Christopher Peterson 1/29/2021 $18,885.45 Secured debt 5 Maxwell Street ($4,248.51), Unsecured loan repayments Albany, NY 12208-1607 2/26/2021 Suppliers or vendors ($6,628.17), Services 3/22/2021 Other Royalties ($3,766.91), 12/31/2020 ($4,241.86) 3.13 . Andy Stone 1/29/2021 $17,222.38 Secured debt 47 Adelaide Road ($4,565.56), Unsecured loan repayments Southampton SO17 2HU 2/26/2021 Suppliers or vendors UK ($4,243.84), Services 12/31/2020 Other Royalties/retainer ($8,412.98) Official Form 207 Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy page 3 Software Copyright (c) 1996-2021 Best Case, LLC - www.bestcase.com Best Case Bankruptcy Case 21-11377-abl Doc 114 Entered 05/03/21 06:33:06 Page 4 of 32 Debtor Splash News & Picture Agency, LLC Case number (if known) 21-11377 Creditor's Name and Address Dates Total amount of value Reasons for payment or transfer Check all that apply 3.14 . Picturemaxx AG 1/7/2021 $17,106.59 Secured debt Stefan-George-Ring 2 ($6,194.64), Unsecured loan repayments Munich 81929 DE 2/11/2021 Suppliers or vendors GERMANY ($6,110.79), Services 3/17/2021 Other IT hosting ($4,801.16) 3.15 . Media Mode Pty Ltd 1/5/2021 $14,432.40 Secured debt P. O. Box 1194 ($2,706.07), Unsecured loan repayments Broadway NSW 2007 1/22/2021 Suppliers or vendors AUSTRALIA ($2,580.74), Services 2/24/2021 Other Royalties ($1,528.19), 3/19/2021 ($7,617.40) 3.16 . Matt Agudo 1/29/2021 $14,254.78 Secured debt 337 Three Mile Harbor Road, #8 ($4,718.63), Unsecured loan repayments East Hampton, NY 11937 2/26/2021 Suppliers or vendors ($5,608.87), Services 3/22/2021 Other Royalties (2,980.14), 12/31/2020 ($947.14) 3.17 . GTRES informacion mas comunicacion 1/22/2021 $13,589.45 Secured debt Valportillo Segunda 14 ($5,155.77), Unsecured loan repayments Alcobendas 28 28108 2/12/2021 Suppliers or vendors SPAIN ($606.42), Services 3/22/2021 Other Royalties ($5,122.77) 3.18 . Melinda I. Dodd 1/29/2021 $13,500.00 Secured debt 5015 Course Drive ($3,000), Unsecured loan repayments Sarasota, FL 34232 3/22/2021 Suppliers or vendors ($3,300), Services 12/31/2020 Other Content production ($4,200) services 3.19 . KS Consulting & Trans 1/29/2021 $13,096.44 Secured debt 61-111, 313 Apgujeong-ro, ($1,028.64), Unsecured loan repayments Gangnam-gu 2/26/2021 Suppliers or vendors Seoul Korea ($1,337.92), Services 3/22/2021 Other Royalties ($9,085.00), 12/31/2020 ($1,644.88) 3.20 . Eric Boone 3/22/2021 $11,864.25 Secured debt 2844 Huber Heights Drive Unsecured loan repayments Las Vegas, NV 89128-7140 Suppliers or vendors Services Other Royalties Official Form 207 Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy page 4 Software Copyright (c) 1996-2021 Best Case, LLC - www.bestcase.com Best Case Bankruptcy Case 21-11377-abl Doc 114 Entered 05/03/21 06:33:06 Page 5 of 32 Debtor Splash News & Picture Agency, LLC Case number (if known) 21-11377 Creditor's Name and Address Dates Total amount of value Reasons for payment or transfer Check all that apply 3.21 .