Case 08-83029-JAC11 Doc 2014 Filed 07/31/09 Entered 07/31/09 19:24:58 Desc Main Document Page 1 of 155 IN THE UNITED STATES BANKRUPTCY COURT FOR THE NORTHERN DISTRICT OF ALABAMA NORTHERN DIVISION IN RE: ) BILL HEARD ENTERPRISES, INC., et al.,1 ) Chapter 11 ) Debtors. ) Case No. 08-83029-JAC11 ) NOTICE OF FILING OF BLACKLINE OF FIRST AMENDED DISCLOSURE STATEMENT DESCRIBING DEBTORS’ JOINT CONSOLIDATED CHAPTER 11 PLAN OF LIQUIDATION PROPOSED BY DEBTORS AND THE OFFICIAL COMMITTEE OF UNSECURED CREDITORS, THE EXHIBITS THERETO AND FIRST AMENDED JOINT CONSOLIDATED CHAPTER 11 PLAN OF LIQUIDATION COMES NOW, Bill Heard Enterprises, Inc. ("Heard"), and certain of its direct and indirect subsidiaries (the "Subsidiaries"), as debtors and debtors in possession (collectively, the "Debtors"), by and through their undersigned counsel, and submits the attached blacklines2 of the First Amended Disclosure Statement Describing Debtors’ Joint Consolidated Chapter 11 Plan of Liquidation Proposed by Debtors and the Official Committee of Unsecured Creditors (the “Disclosure Statement”), the Exhibits thereto and the First Amended Joint Consolidated Chapter 1 In addition to Bill Heard Enterprises, Inc., the Debtors include the following entities: (i) Bill Heard Chevrolet Company, (ii) Tom Jumper Chevrolet, Inc., (iii) Bill Heard Chevrolet, Inc. - Huntsville, (iv) Landmark Chevrolet, Ltd., (v) Bill Heard Chevrolet, Ltd., (vi) Bill Heard Chevrolet Corporation Nashville, (vii) Bill Heard Chevrolet Corporation - Orlando, (viii) Bill Heard Chevrolet, Inc. - Union City, (ix) Bill Heard Chevrolet at Town Center, LLC, (x) Bill Heard Chevrolet, Inc. - Collierville, (xi) Bill Heard Chevrolet, Inc. - Scottsdale, (xii) Bill Heard Chevrolet, Inc. - Plant City, (xiii) Bill Heard Chevrolet, Inc. - Buford, (xiv) Bill Heard Chevrolet Corporation - Las Vegas, (xv) Bill Heard Chevrolet Corporation - N.W. Las Vegas, (xvi) Twentieth Century Land Corp., (xvii) Enterprise Aviation, Inc., (xviii) Century Land Corporation, (xix) Century Land Company - Tennessee, (xx) Bill Heard Management, LLC, (xxi) Landmark Vehicle Mgt., LLC, (xxii) Georgia Services Group, LLC, (xxiii) Columbus Transportation, LLC, and (xxiv) Airport Chevrolet, Inc. 2 Contemporaneously herewith the Debtor is filing non-blacklined versions of the Plan and Disclosure Statement as well. 1766662 v1 Case 08-83029-JAC11 Doc 2014 Filed 07/31/09 Entered 07/31/09 19:24:58 Desc Main Document Page 2 of 155 11 Plan of Liquidation (the “Plan”)3, which represent the modifications that have been made to the Plan and the Disclosure Statement since their filing with the Court on June 19, 2009. These modifications have been made following discussions with parties-in-interest in advance of the hearing set on the Disclosure Statement for August 4, 2009. For ease of reference, the blacklines are being filed in color. A key to the modifications is included as the last page of the blackline. Modifications in blue represent new text added, modifications in green represent text that has been moved, and modifications in red represent deletions. /s/ Marc P. Solomon Robert B. Rubin Derek F. Meek Marc P. Solomon Attorneys for Debtors OF COUNSEL: BURR & FORMAN LLP 420 North 20th Street, Suite 3400 Birmingham, Alabama 35203 Telephone: (205) 251-3000 Facsimile: (205) 458-5100 3 The Plan is attached as Exhibit A to the Disclosure Statement. 1766662 v1 2 Case 08-83029-JAC11 Doc 2014 Filed 07/31/09 Entered 07/31/09 19:24:58 Desc Main Document Page 3 of 155 CERTIFICATE OF SERVICE I hereby certify that the foregoing has been served on the attached Master Service List and the following parties listed below who had previously requested a copy of the Disclosure Statement and Plan on this the 29th day of July, 2009. /s/ Marc P. Solomon OF COUNSEL 1766662 v1 3 Case 08-83029-JAC11 Doc 2014 Filed 07/31/09 Entered 07/31/09 19:24:58 Desc Main Document Page 4 of 155 MASTER SERVICE LIST MassMutual Asset Finance LLC c/o Robert H. Adams Electronic Service: Kimberly B. Glass Haskell Slaughter Young & Rediker, LLC Robert B. Rubin 1400 Park Place Tower Derek F. Meek 2001 Park Place North Heather A. Lee Birmingham, AL 35203 Marc P. Solomon [email protected] Amanda M. Beckett [email protected] c/o Burr & Forman LLP Counsel for Debtors ADP Commercial Leasing, LLC 420 North 20th Street, Suite 3400 ADP, Inc. Dealer Services Group Birmingham, AL 35203 c/o Henry A. Callaway, III [email protected] Hand Arendall LLC [email protected] Post Office Box 123 [email protected] Mobile, AL 36601 [email protected] [email protected] [email protected] Alphera Financial Services, A Division of Edward J. Peterson BMC Financial Services NA, LLC Amy Denton Harris c/o Holland & Knight LLP Counsel for Debtor James H. Rollins Stichter Riedel Blain & Prosser P.A. Paul E. Vranicar 110 East Madison Street, Suite 200 Suite 2000, One Atlantic Center Tampa, FL 33602 1201 West Peachtree Street [email protected] Atlanta, GA 30309-3400 [email protected] [email protected] [email protected] Richard Blythe Bankruptcy Administrator for the MassMutual Asset Finance LLC Northern District of Alabama c/o Jodie E. Buchman 400 Wells Street Shaan S. Chima PO Box 3045 DLA Piper LLP (US) Decatur, AL 35602 The Marbury Building [email protected] 6225 Smith Avenue Baltimore, MD 21209-3600 First Commercial Bank [email protected] c/o Stuart M. Maples [email protected] Maples & Ray, PC 401 Holmes Ave., Suite H Huntsville, AL 35801 [email protected] Case 08-83029-JAC11 Doc 2014 Filed 07/31/09 Entered 07/31/09 19:24:58 Desc Main Document Page 5 of 155 In re: Bill Heard Enterprises, Inc., et al., Chapter 11 Case No. 08-83029-JAC11 United States Bankruptcy Court for the No. Dist. of Alabama, No. Div. updated: 6/12/2009 Astar Finance LLC [email protected] Astar Financing Falcon II, LLC [email protected] Falcon Finacial II, LLC c/o Mike Rupe GMAC LLC Cara S. Mittleman c/o Sara Anne Ford Merritt A. Pardini Lightfoot, Franklin & White LLC Katten Muchin Rosenman LLP The Clark Building 575 Madison Avenue 400 20th Street North New York, NY 10022-2585 Birmingham, AL 35203 [email protected] [email protected] [email protected] [email protected] General Motors Corporation c/o Robert B. Weiss Astar Finance LLC Joseph R. Sgroi Astar Financing Falcon II, LLC Adam L. Kochenderfer Falcon Finacial II, LLC Honigman Miller Schwartz and Cohn, LLP c/o Patrick Darby 2290 First National Building Jennifer A. Harris 660 Woodward Avenue Bradley Arant Rose & White LLP Detroit, MI 48226 1819 Fifth Avenue North [email protected] Birmingham, AL 35203 [email protected] [email protected] [email protected] [email protected] BMW Financial Services CB & T c/o Jim Rollins c/o Jeff Kelley Holland & Knight Troutman Sanders 1201 West Peachtree Street, N.E. 600 Peachtree Street, NE One Atlantic Center, Suite 2000 Suite 5200 Atlanta, GA 30309 Atlanta, GA 30308-2216 [email protected] [email protected] Carrie Ann Rohrscheib GE Hale, Dewey & Knight, PLLC John M. Monahan 88 Union Avenue, Suite 700 [email protected] Memphis, TN 38103 [email protected] GMAC GMAC LLC GE Commercial Finance Business c/o Charles Tatelbaum Property Corporation Joshua B. Alper c/o John B. Hutton Adorno & Yoss Greenberg Traurig, P.A. 350 East Las Olas Boulevard 1221 Brickell Avenue Suite 1700 Miami, FL 33131 Fort Lauderdale, FL 33301 [email protected] 21} Case 08-83029-JAC11 Doc 2014 Filed 07/31/09 Entered 07/31/09 19:24:58 Desc Main Document Page 6 of 155 In re: Bill Heard Enterprises, Inc., et al., Chapter 11 Case No. 08-83029-JAC11 United States Bankruptcy Court for the No. Dist. of Alabama, No. Div. updated: 6/12/2009 GE Commercial Finance Business Georgia Department of Revenue Property Corporation c/o Oscar B. Fears, III c/o Stephen Katz Senior Assistant Attorney General John Elrod 40 Capitol Square, S.W. The Forum-Suite 400 Atlanta, GA 30334 3290 Northside Parkway, NW [email protected] Atlanta, GA 30327 [email protected] Coventry Healthcare, Inc. [email protected] c/o Cozen O'Connor Neal D. Colton Wells Fargo Equipment Finance, Inc. Eric L. Scherling C. Ellis Brazeal III 1900 Market Street Edward J. Ashton Philadelphia, PA 19103 Walston, Wells & Birchall LLP [email protected] 1819 5th Avenue North, Suite 1100 [email protected] Birmingham, AL 35203 [email protected] JP Morgan Chase Bank, N.A. [email protected] Clark R. Hammond Lindan Hill DeFalco Advertising Johnston Barton Proctor & Rose, LLP c/o Ted Stuckenschneider 569 Brookwood Village 205 North 20th Street, Suite 427 Suite 901 Birmingham, AL 35203 Birmingham, AL 35209 [email protected] [email protected] Wells Fargo Bank NA and affiliates De Lage Landen Financial Services, Inc. c/o Lee R. Benton c/o William M. Hancock Brenton K. Morris Wolfe, Jones, Boswell, Wolfes, Hancock & Benton & Centeno, LLP Daniel, LLC 2019 Third Avenue North 905 Bob Wallace Avenue Birmingham, AL 35203 Huntsville, AL 35801 [email protected] [email protected] [email protected] Lynda Hall, Tax Collector of Madison Comptroller of Public Accounts of the County, Alabama State of Texas c/o Travis S. Jackson c/o Jay W. Hurst Sirote & Permutt, PC Assistant Attorney General 305 Church Street, Suite 800 Bankruptcy & Collections Division Post Office Box 18248 P.O. Box 12548 Huntsville, AL 35804 Austin, TX 78711-2548 [email protected] [email protected] 31} Case 08-83029-JAC11 Doc 2014 Filed 07/31/09 Entered 07/31/09 19:24:58 Desc Main Document Page 7 of 155 In re: Bill Heard Enterprises, Inc., et al., Chapter 11 Case No. 08-83029-JAC11 United States Bankruptcy Court for the No.