Case 20-13076-BLS Doc 67 Filed 12/07/20 Page 1 of 14 IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE ------------------------------------------------------------ x : In re: : Chapter 11 : Case No. 20-13076 (BLS) FRANCESCA’S HOLDINGS CORPORATION, : et al.,1 : Joint Administration Requested : Debtors. : Re: D.I. 8 ------------------------------------------------------------ x SUPPLEMENTAL DECLARATION OF SHERYL BETANCE IN SUPPORT OF THE DEBTORS’ APPLICATION FOR ENTRY OF AN ORDER AUTHORIZING THE RETENTION AND EMPLOYMENT OF STRETTO AS CLAIMS AND NOTICING AGENT, NUNC PRO TUNC TO THE PETITION DATE Pursuant to 28 U.S.C.§ 1746, I, Sheryl Betance, declare under penalty of perjury that the following is true and correct to the best of my knowledge, information, and belief: 1. I am a Senior Managing Director of Corporate Restructuring at Stretto, a chapter 11 administrative services firm with offices at 410 Exchange, Ste. 100, Irvine, CA 92602. Except as otherwise noted, I have personal knowledge of the matters set forth herein, and if called and sworn as a witness, I could and would testify competently thereto. 2. On December 3, 2020, the Debtors filed the Debtors’ Application for Entry of an Order Authorizing the Retention and Employment of Stretto as Claims and Noticing Agent, Nunc Pro Tunc to the Petition Date [D.I. 8] (the “Application”),2 and the Declaration of Sheryl Betance in Support of the Debtors’ Application for Entry of an Order Authorizing the Retention and 1 The Debtors in these cases, along with the last four digits of each Debtor’s federal tax identification number, are Francesca’s Holdings Corporation (4704), Francesca’s LLC (2500), Francesca’s Collections, Inc. (4665), and Francesca’s Services Corporation (5988). The address of the Debtors’ corporate headquarters is 8760 Clay Road, Houston, Texas 77080. 2 Capitalized terms used but not otherwise defined in this Supplemental Declaration shall have the meanings used in the Application and the Declaration. Case 20-13076-BLS Doc 67 Filed 12/07/20 Page 2 of 14 Employment of Stretto as Claims and Noticing Agent, Nunc Pro Tunc to the Petition Date in support of the Application. In further support of the Application, I submit this supplemental declaration (the “Supplemental Declaration”). 3. Attached as Schedule 1 to this Supplemental Declaration is the list of the Potential Parties in Interest that I caused to be submitted for review by our conflicts system. The list of Potential Parties in Interest was provided by the Debtors and includes, among other parties, the Debtors, secured creditors, lenders, the Debtors’ largest unsecured creditors on a consolidated basis, directors and officers of the Debtors, significant stockholders, the United States Trustee and any person employed in the office of the United States Trustee, and other parties. 4. Should Stretto discover any new relevant facts or connections bearing on the matters described herein during the period of its retention, Stretto will use reasonable efforts to promptly file a supplemental declaration. Remainder of Page Intentionally Left Blank 2 Case 20-13076-BLS Doc 67 Filed 12/07/20 Page 3 of 14 Pursuant to 28 U.S.C. § 1746, I declare under penalty of perjury that the foregoing is true and correct to the best of my knowledge, information, and belief. Dated: December 7, 2020 /s/ Sheryl Betance Sheryl Betance Senior Managing Director, Corporate Restructuring Stretto 410 Exchange, Ste. 100 Irvine, California 92602 Case 20-13076-BLS Doc 67 Filed 12/07/20 Page 4 of 14 Schedule 1 POTENTIAL PARTIES IN INTEREST PREPETITION AND DIP LENDERS/ AGENTS/ UCC-1 ACADIAN ASSET MANAGEMENT LLC ANCORA FAMILY WEALTH ADVISORS LLC PARTIES BLACKROCK FUND ADVISORS BLACKSTONE ALTERNATIVE INVESTMENT ADVISORS JPMORGAN CHASE BANK, N.A. LLC KONICA MINOLTA PREMIER FINANCE BOFA SECURITIES, INC. TIGER FINANCE, LLC BRIDGEWAY CAPITAL MANAGEMENT, INC. WALT DISNEY PARKS AND RESORTS U.S., INC. CHARLES SCHWAB INVESTMENT MANAGEMENT, INC. WELLS FARGO BANK, N.A. CITIGROUP GLOBAL MARKETS, INC. (INVESTMENT MANAGEMENT) CROSS RIVER MANAGEMENT LLC DEBTORS DIMENSIONAL FUND ADVISORS LP FEDERATED MDTA LLC FRANCESCA’S HOLDINGS CORPORATION GEODE CAPITAL MANAGEMENT LLC FRANCESCA’S LLC GOLDMAN SACHS & CO. LLC (PRIVATE BANKING) FRANCESCA’S COLLECTIONS, INC. GOLDMAN SACHS ASSET MANAGEMENT INTERNATIONAL FRANCESCA’S SERVICES CORPORATION GROUP ONE TRADING LP GVC GAESCO GESTION SGIIC SA TOP 30 UNSECURED CREDITORS INVESCO CAPITAL MANAGEMENT LLC INVESTORS RESEARCH CORP. 3B INTERNATIONAL LLC ISZO CAPITAL MANAGEMENT LP ACCESSORIES HOUSE NY, LLC MILLBURN RIDGEFIELD CORP. ANA ACCESSORIES CORPORATION MILLENNIUM MANAGEMENT LLC MORGAN STANLEY & CO. ARC TEXTILES INC NORTHERN TRUST INVESTMENTS, INC. (INVESTMENT ASHA DESIGN LLC MANAGEMENT) ATHRA NJ, INC. OHIO PUBLIC EMPLOYEES RETIREMENT SYSTEM DEE ELLE PNC BANK, NA (INVESTMENT MANAGEMENT) DESIRE PATH MISSISSIPPI PRESCOTT GROUP CAPITAL MANAGEMENT LLC ESUNG NEW YORK, LLC RBC DOMINION SECURITIES, INC. FANTAS EYES, INC SOLAS CAPITAL MANAGEMENT LLC THE VANGUARD GROUP, INC. GEORGETOWN ONE, LLC TOWER RESEARCH CAPITAL LLC JAINSONS INTERNATIONAL, INC. VANGUARD GLOBAL ADVISERS LLC JOLIE CLOTHING, INC. VIRTU FINANCIAL BD LLC JOSEPH D. AREZZO, INC KIBO SOFTWARE INC. LEGAL AND OTHER PROFESSIONAL ADVISORS MAGEE V. FRANCESCA'S HOLDING CORP MUCH TOO MUCH A&G REALTY PARTNERS, LLC NATIONAL PROJECT MANAGEMENT BANKRUPTCY MANAGEMENT SOLUTIONS, INC. D/B/A OCCASIONALLY MADE STRETTO OULLETTE V. FRANCESCA'S COLLECTIONS INC FTI CAPITAL ADVISORS, LLC OZ JEWELRY CORP O'MELVENY & MYERS LLP PREMIUM OUTLET PARTNERS, L.P. RICHARDS, LAYTON & FINGER P.A. RYMSBRAN CONTINENTAL CORP SHANTEX GROUP LLC US TRUSTEE PROFESSIONALS AND JUDGES SIMON PROPERTY GROUP (TEXAS), L.P TANGER PROPERTIES LIMITED PARTNERSHIP ATTIX, LAUREN TRIPLE7GLOBAL, INC BUCHBINDER, DAVID TRIXXI CLOTHING COMPANY CASEY, LINDA VALJEAN INTERNATIONAL, INC. COOKE, DENIS COX, NATALIE DEANGELIS, ROBERTA A. EQUITY HOLDERS DICE, HOLLY DORTCH, SHAKIMA L. Case 20-13076-BLS Doc 67 Filed 12/07/20 Page 5 of 14 FOX, TIMOTHY J. AMERICAN UNITED LIFE INSURANCE COMPANY GIORDANO, DIANE AMERISHOP SUBURBAN, LP GREEN, CHRISTINE ANDRE AND ELKE PARRA HACKMAN, BENJAMIN ANNAPOLIS MALL LIMITED PARTNERSHIP HECK, JEFFERY APACHE MALL JONES, NYANQUOI ARBORETUM MALL OWNER LLC JUDGE ASHELY M. CHAN ARDEN FAIR ASSOCIATES, L.P JUDGE BRENDAN L. SHANNON ARNALL GOLDEN GREGORY JUDGE CHRISTOPHER S. SONTCHI ARUNDEL MILLS LIMITED PARTNERSHIP JUDGE JOHN T. DORSEY ASHEVILLE RETAIL ASSOCIATES LLC JUDGE KAREN B. OWENS ASPEN GRF2, LLC JUDGE LAURIE SELBER SILVERSTEIN ASPEN GROVE JUDGE MARY F. WALRATH ASPEN PLACE KENNEY, MARK ATLANTA OUTLET SHOPPES, LLC LEAMY, JANE ATLANTIC CITY ASSOCIATES, LLC MCCOLLUM, HANNAH AUGUSTA MALL MCMAHON, JOSEPH AVALON MANAGEMENT O’MALLEY, JAMES R. BALTIMORE CENTER ASSOCIATES LIMITED PANACIO, MICHAEL PARTNERSHIP RICHENDERFER, LINDA BARCLAYS BANK PLC SARKESSIAN, JULIET BAREFOOT LANDING COMMERCIAL, LLC SCHANNE, JOHN BATTLEFIELD MALL, LLC SCHEPACARTER, RICHARD BAYBROOK MALL SERRANO, EDITH BAYER RETAIL COMPANY IV, L.L.C. SIERRA, ROSA BAYSHORE STARR, KAREN BAYSHORE SHOPPING CENTER PROPERTY OWNER LLC TINKER, T. PATRICK BEACHCLIFF MARKET LLC VARA, ANDREW R. BEACHWOOD PLACE VILLAGRANA, DAVID BEL AIRE PLAZA, LLC VINSON, RAMONA BELDEN MALL, LLC WYNN, DION BELL TOWER SHOPS LLC BELLWETHER PROPERTIES OF MASSACHUSETTS LIMITED DIRECTORS AND OFFICERS PARTNERSHIP BELLWETHER PROPERTIES OF SOUTH CAROLINA, LIMITED PARTNERSHIP BENDER, PATRICIA BELMAR MAINSTREET HOLDINGS I, LLC BLESER, PHILIP BERENBAUM WEINSHIENK PC CLARKE, ANDREW BERENSON FREEPORT ASSOCIATES LLC EMMETT, RICH BF OWNER, L.L.C. MCGALLA, SUSAN BIRCH RUN OUTLETS II L.L.C. O’LEARY, JOSEPH BLACKHAWK PLAZA REDGRAVE, MARTYN BLANCHARD AND CALHOUN COMMERCIAL TAYLOR, VICTORIA BLOOMFIELD HOLDINGS, LLC THOMASSEE, CINDY BLUEGRASS OUTLET SHOPPES CMBS, LLC TOULANTIS, MARIE BOISE MALL, LLC BOISE TOWNE SQUARE LANDLORDS BPC HENDERSON, LLC BRAINTREE PROPERTY ASSOCIATES LIMITED 108 NORTH STATE STREET OWNER, LLC PARTNERSHIP 168TH AND DODGE, L.P. BRANSON LANDING 2200 NORTH MAPLE AVENUE - 10071280 LLC BRE THRONE PRESTON PARK LLC 2547 BRINDLE DRIVE REAL ESTATE, LLC BRIARWOOD LLC 3333, L.L.C. BRIDGEWATER COMMONS 3341 SOUTH LINDEN ROAD HOLDINGS, LLC BROOKFIELD CORNERS LLC 338 KING STREET LLC BROWNSTEIN HYATT FARBER SCHRECK, LLP ACADIANA MALL LLC BRVC OWNER, LLC AEW CAPITAL MANAGEMENT, LP BV CENTERCAL, LLC ALBERTA DEVELOPMENT PARTNERS, LLC BVA AVENUE SPE LLC ALDERWOOD MALL CAFARO MANAGEMENT COMPANY ALGONQUIN COMMONS CAROLINA PLACE ALTAMONTE MALL CAROUSEL CENTER COMPANY L.P AMERICAN NATIONAL INSURANCE COMPANY CAROUSEL MANAGEMENT COMPANY, LLC -2- Case 20-13076-BLS Doc 67 Filed 12/07/20 Page 6 of 14 CASANDRA PROPERTIES, INC. DANIA LIVE 1748 II, LLC CASSIDY TURLEY CRE, INC. DASPIN & AUMENT, LLP CASTO-OAKRIDGE VENTURE, LTD. DAVID J. TRACY, ESQ. CAUSEWAY LLC DDR ASPEN GROVE LIFESTYLE CENTER PROPERTIES, LLC CBL - SHOPS AT FRIENDLY, LLC DDR DB STONE OAK LP CBL & ASSOCIATES MANAGEMENT, INC. REALTY CORPORATION CBL & ASSOCIATES PROPERTIES, INC. DDR DEER PARK TOWN CENTER LLC CBL RM-WACO, LLC DDRTC BIRKDALE VILLAGE LLC CBRE GLOBAL INVESTORS, LLC DEERBROOK MALL CBRE, INC. DEL AMO FASHION CENTER OPERATING COMPANY, CENTERCAL PROPERTIES L.L.C. CENTRO WEST PARK LLC WEST PARK MALL DENVER PAVILIONS OWNERCO, LLC CENTURY CITY MALL, LLC DENVILLE UNION HILL, L.L.C. CH REALTY VII/R NOVA PROMENADE, L.L.C. DESTIN COMMONS, LTD CH SHOPPES LLC DINSMORE & SHOHL LLP CHAMPAIGN MARKET PLACE L.L.C. DLA PIPER US LLP CHARLESTON TOWN CENTER DOMAIN NORTHSIDE RETAIL PROPERTY OWNER LP CHELSEA LIMERICK HOLDINGS, LLC DTPS B-2,