EX-99.1 2 a20190702maymor.htm EXHIBIT 99.1 Exhibit


 
 
 
 
 
Exhibit 99.1
 
UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
 
 
 
 
 
 
 
In re
WINDSTREAM HOLDINGS, INC. et al.,
 
Case No.
19-22312 (RDD)
 
 
 
Debtors
 
 
 
 
 
 
 
 
Reporting Period:
5/1/19 - 5/31/19
 
 
 
 
 
 
 
 
 
 
 
 
Federal Tax I.D. #
46-2847717
 
 
 
 
 
 
 
 
 
 
CORPORATE MONTHLY OPERATING REPORT
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
REQUIRED DOCUMENTS
FORM NO.
DOCUMENT ATTACHED
EXPLANATION ATTACHED
 
 
 
Schedule of Cash Receipts and Disbursements
MOR-1
Yes
No
 
 
 
Bank Reconciliation (or copies of debtor's bank reconciliations)
MOR-1 (CON'T)
Yes
No
 
 
 
     Copies of bank statements
 
 
 
 
 
 
     Cash disbursements journals
 
 
 
 
 
 
Statement of Operations
MOR-2
Yes
No
 
 
 
Balance Sheet
MOR-3
Yes
No
 
 
 
Status of Post-petition Taxes
MOR-4
Yes
No
 
 
 
     Copies of IRS Form 6123 or payment receipt
 
 
 
 
 
 
     Copies of tax returns filed during reporting period
 
 
 
 
 
 
Summary of Unpaid Post-Petition Debts
MOR-4
Yes
No
 
 
 
     Listing of Aged Accounts Payable
 
 
 
 
 
 
Accounts Receivable Reconciliation and Aging
MOR-5
Yes
No
 
 
 
Payments to Insiders and Professionals
MOR-6
Yes
No
 
 
 
Post Petition Status of Secured Notes
MOR-6
Yes
No
 
 
 
Debtor Questionnaire
MOR-7
Yes
No
 
 
 
 
 
 
 
 
 
 
This Monthly Operating Report ("MOR") has been prepared solely for the purpose of complying with monthly reporting requirements applicable in the Debtors' chapter 11 cases and is in a format acceptable to the United States Trustee. The financial information contained herein is limited in scope and covers a limited time period. Moreover, such information is preliminary and unaudited, and is not necessarily prepared in accordance with U.S. GAAP.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
I declare under penalty of perjury (28 U.S.C. Section 1746) that this report and the attached documents are true and correct to the best of my knowledge and belief.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
/s/ John Eichler
 
 
 
 
 
 
Signature of Authorized Individual
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
John Eichler
 
June 28, 2019
 
 
 
 
Printed Name of Authorized Individual
 
Date
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
SVP - Controller
 
 
 
 
 
 
Title
 
 
 
 
 
 
 
 
 
 
 


FORM MOR
1 of 17



UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
 
 
 
 
 
 
 
 
In re
WINDSTREAM HOLDINGS, INC. et al.,
 
 
Case No.
19-22312 (RDD)
 
 
 
Debtors
 
 
 
 
 
 
 
 
 
 
Reporting Period:
5/1/19 - 5/31/19
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Federal Tax I.D. #
46-2847717
 
 
 
 
 
 
 
 
 
 
 
LISTING OF DEBTOR ENTITIES
 
 
 
 
 
 
 
 
 
 
 
GENERAL:
 
 
 
 
 
 
 
The report includes activity from the following Debtors and related case numbers:
 
 
 
 
 
 
 
 
 
 
 
 
 
Debtor
Case Number
 
Debtor
Case Number
 
 
 
A.R.C. Networks, Inc.
19-22338
 
Southwest Enhanced Network Services, LLC
19-22409
 
 
 
Allworx Corp.
19-22345
 
Talk America of Virginia, LLC
19-22412
 
 
 
American Telephone Company LLC
19-22349
 
Talk America, LLC
19-22416
 
 
 
ARC Networks, Inc.
19-22362
 
Teleview, LLC
19-22420
 
 
 
ATX Communications, Inc.
19-22368
 
Texas Windstream, LLC
19-22316
 
 
 
ATX Licensing, Inc.
19-22371
 
The Other Phone Company, LLC
19-22323
 
 
 
ATX Telecommunications Services of Virginia, LLC
19-22377
 
TriNet, LLC
19-22327
 
 
 
Birmingham Data Link, LLC
19-22382
 
TruCom Corporation
19-22334
 
 
 
BOB, LLC
19-22387
 
US LEC Communications LLC
19-22340
 
 
 
Boston Retail Partners, LLC
19-22392
 
US LEC of Alabama LLC
19-22343
 
 
 
BridgeCom Holdings, Inc.
19-22403
 
US LEC of Florida LLC
19-22348
 
 
 
BridgeCom International, Inc.
19-22408
 
US LEC of Georgia LLC
19-22351
 
 
 
BridgeCom Solutions Group, Inc.
19-22428
 
US LEC of Maryland LLC
19-22379
 
 
 
Broadview Networks of Massachusetts, Inc.
19-22440
 
US LEC of North Carolina LLC
19-22383
 
 
 
Broadview Networks of Virginia, Inc.
19-22454
 
US LEC of Pennsylvania LLC
19-22395
 
 
 
Broadview Networks, Inc.
19-22456
 
US LEC of South Carolina LLC
19-22404
 
 
 
Broadview NP Acquisition Corp.
19-22461
 
US LEC of Tennessee LLC
19-22410
 
 
 
Buffalo Valley Management Services, Inc.
19-22463
 
US LEC of Virginia LLC
19-22415
 
 
 
Business Telecom of Virginia, Inc.
19-22466
 
US Xchange, Inc.
19-22455
 
 
 
Business Telecom, LLC
19-22469
 
US Xchange of Illinois, L.L.C.
19-22425
 
 
 
BV-BC Acquisition Corporation
19-22471
 
US Xchange of Indiana, L.L.C.
19-22436
 
 
 
Cavalier IP TV, LLC
19-22474
 
US Xchange of Michigan, L.L.C.
19-22443
 
 
 
Cavalier Services, LLC
19-22313
 
US Xchange of Wisconsin, L.L.C.
19-22450
 
 
 
Cavalier Telephone Mid-Atlantic, L.L.C.
19-22315
 
Valor Telecommunications of Texas, LLC
19-22460
 
 
 
Cavalier Telephone, L.L.C.
19-22317
 
WaveTel NC License Corporation
19-22465
 
 
 
CCL Historical, Inc.
19-22319
 
WIN Sales & Leasing, Inc.
19-22470
 
 
 
Choice One Communications of Connecticut, Inc.
19-22322
 
Windstream Accucomm Networks, LLC
19-22472
 
 
 
Choice One Communications of Maine, Inc.
19-22324
 
Windstream Accucomm Telecommunications, LLC
19-22475
 
 
 
Choice One Communications of Massachusetts, Inc.
19-22326
 
Windstream Alabama, LLC
19-22478
 
 
 
Choice One Communications of New York, Inc.
19-22329
 
Windstream Arkansas, LLC
19-22483
 
 
 
Choice One Communications of Ohio, Inc.
19-22331
 
Windstream Buffalo Valley, Inc.
19-22487
 
 
 
Choice One Communications of Pennsylvania, Inc.
19-22332
 
Windstream Business Holdings, LLC
19-22310
 
 
 
Choice One Communications of Rhode Island, Inc.
19-22335
 
Windstream BV Holdings, LLC
19-22494
 
 
 
Choice One Communications of Vermont, Inc.
19-22339
 
Windstream Cavalier, LLC
19-22500
 
 
 
Choice One Communications Resale, L.L.C.
19-22341
 
Windstream Communications Kerrville, LLC
19-22424
 
 
 
Choice One of New Hampshire, Inc.
19-22344
 
Windstream Communications Telecom, LLC
19-22429
 
 
 
Cinergy Communications Company of Virginia, LLC
19-22353
 
Windstream Communications, LLC
19-22433
 
 
 
Conestoga Enterprises, Inc.
19-22356
 
Windstream Concord Telephone, LLC
19-22439
 
 
 
Conestoga Management Services, Inc.
19-22358
 
Windstream Conestoga, Inc.
19-22446
 
 
 
Conestoga Wireless Company
19-22360
 
Windstream CTC Internet Services, Inc.
19-22448
 
 
 
Connecticut Broadband, LLC
19-22363
 
Windstream D&E Systems, LLC
19-22452
 
 
 
Connecticut Telephone & Communication Systems, Inc.
19-22365
 
Windstream D&E, Inc.
19-22457
 
 
 
Conversent Communications Long Distance, LLC
19-22366
 
Windstream Direct, LLC
19-22459
 
 
 
Conversent Communications of Connecticut, LLC
19-22369
 
Windstream Eagle Holdings, LLC
19-22464
 
 
 
Conversent Communications of Maine, LLC
19-22372
 
Windstream Eagle Services, LLC
19-22467
 
 
 
Conversent Communications of Massachusetts, Inc.
19-22375
 
Windstream EN-TEL, LLC
19-22390
 
 
 
Conversent Communications of New Hampshire, LLC
19-22378
 
Windstream Finance Corp.
19-22397
 
 
 
Conversent Communications of New Jersey, LLC
19-22380
 
Windstream Florida, LLC
19-22413
 
 
 
Conversent Communications of New York, LLC
19-22384
 
Windstream Georgia Communications, LLC
19-22418
 
 
 
Conversent Communications of Pennsylvania, LLC
19-22386
 
Windstream Georgia Telephone, LLC
19-22422
 
 
 
Conversent Communications of Rhode Island, LLC
19-22388
 
Windstream Georgia, LLC
19-22426
 
 
 
Conversent Communications of Vermont, LLC
19-22391
 
Windstream Holding of the Midwest, Inc.
19-22431
 
 
 
Conversent Communications Resale, L.L.C.
19-22394
 
Windstream Holdings, Inc.
19-22312
 
 
 
CoreComm Communications, LLC
19-22399
 
Windstream Iowa Communications, LLC
19-22434
 
 
 
CoreComm-ATX, Inc.
19-22401
 
Windstream Iowa-Comm, LLC
19-22441
 
 
 
CTC Communications Corporation
19-22405
 
Windstream IT-Comm, LLC
19-22444
 
 
 
CTC Communications of Virginia, Inc.
19-22407
 
Windstream KDL, LLC
19-22449
 
 
 
D&E Communications, LLC
19-22411
 
Windstream KDL-VA, LLC
19-22453
 
 
 
D&E Management Services, Inc.
19-22414
 
Windstream Kentucky East, LLC
19-22458
 
 
 
D&E Networks, Inc.
19-22417
 
Windstream Kentucky West, LLC
19-22462
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

FORM Listing
2 of 17



UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
 
 
 
 
 
 
 
 
In re
WINDSTREAM HOLDINGS, INC. et al.,
 
 
Case No.
19-22312 (RDD)
 
 
 
Debtors
 
 
 
 
 
 
 
 
 
 
Reporting Period:
5/1/19 - 5/31/19
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Federal Tax I.D. #
46-2847717
 
 
 
 
 
 
 
 
 
 
 
LISTING OF DEBTOR ENTITIES
 
 
 
GENERAL:
 
 
 
 
 
 
 
The report includes activity from the following Debtors and related case numbers:
 
 
 
 
 
 
 
 
 
 
 
 
 
Debtor
Case Number
 
Debtor
Case Number
 
 
 
D&E Wireless, Inc.
19-22419
 
Windstream Kerrville Long Distance, LLC
19-22468
 
 
 
Deltacom, LLC
19-22423
 
Windstream Lakedale Link, Inc.
19-22473
 
 
 
Earthlink Business, LLC
19-22427
 
Windstream Lakedale, Inc.
19-22477
 
 
 
Earthlink Carrier, LLC
19-22430
 
Windstream Leasing, LLC
19-22482
 
 
 
Equity Leasing, Inc.
19-22432
 
Windstream Lexcom Communications, LLC
19-22486
 
 
 
Eureka Broadband Corporation
19-22435
 
Windstream Lexcom Entertainment, LLC
19-22491
 
 
 
Eureka Holdings, LLC
19-22437
 
Windstream Lexcom Long Distance, LLC
19-22498
 
 
 
Eureka Networks, LLC
19-22438
 
Windstream Lexcom Wireless, LLC
19-22502
 
 
 
Eureka Telecom of VA, Inc.
19-22442
 
Windstream Mississippi, LLC
19-22504
 
 
 
Eureka Telecom, Inc.
19-22445
 
Windstream Missouri, LLC
19-22506
 
 
 
Georgia Windstream, LLC
19-22447
 
Windstream Montezuma, LLC
19-22508
 
 
 
Heart of the Lakes Cable Systems, Inc.
19-22451
 
Windstream Nebraska, Inc.
19-22510
 
 
 
Infocore, Inc.
19-22314
 
Windstream Network Services of the Midwest, Inc.
19-22511
 
 
 
InfoHighway Communications Corporation
19-22318
 
Windstream New York, Inc.
19-22512
 
 
 
Info-Highway International, Inc.
19-22321
 
Windstream Norlight, LLC
19-22513
 
 
 
InfoHighway of Virginia, Inc.
19-22325
 
Windstream North Carolina, LLC
19-22514
 
 
 
Intellifiber Networks, LLC
19-22328
 
Windstream NorthStar, LLC
19-22515
 
 
 
Iowa Telecom Data Services, L.C.
19-22330
 
Windstream NTI, LLC
19-22516
 
 
 
Iowa Telecom Technologies, LLC
19-22333
 
Windstream NuVox Arkansas, LLC
19-22517
 
 
 
IWA Services, LLC
19-22336
 
Windstream NuVox Illinois, LLC
19-22518
 
 
 
KDL Holdings, LLC
19-22337
 
Windstream NuVox Indiana, LLC
19-22519
 
 
 
LDMI Telecommunications, LLC
19-22342
 
Windstream NuVox Kansas, LLC
19-22476
 
 
 
Lightship Telecom, LLC
19-22346
 
Windstream NuVox Missouri, LLC
19-22480
 
 
 
MassComm, LLC
19-22347
 
Windstream NuVox Ohio, LLC
19-22484
 
 
 
McLeodUSA Information Services LLC
19-22350
 
Windstream NuVox Oklahoma, LLC
19-22489
 
 
 
McLeodUSA Purchasing, L.L.C.
19-22352
 
Windstream NuVox, LLC
19-22492
 
 
 
McLeodUSA Telecommunications Services, L.L.C.
19-22355
 
Windstream of the Midwest, Inc.
19-22496
 
 
 
MPX, Inc.
19-22357
 
Windstream Ohio, LLC
19-22501
 
 
 
Nashville Data Link, LLC
19-22361
 
Windstream Oklahoma, LLC
19-22503
 
 
 
Network Telephone, LLC
19-22364
 
Windstream Pennsylvania, LLC
19-22505
 
 
 
Norlight Telecommunications of Virginia, LLC
19-22367
 
Windstream Services, LLC
19-22400
 
 
 
Oklahoma Windstream, LLC
19-22370
 
Windstream SHAL Networks, Inc.
19-22507
 
 
 
Open Support Systems, LLC
19-22373
 
Windstream SHAL, LLC
19-22509
 
 
 
PaeTec Communications of Virginia, LLC
19-22376
 
Windstream Shared Services, LLC
19-22479
 
 
 
PaeTec Communications, LLC
19-22311
 
Windstream South Carolina, LLC
19-22481
 
 
 
PAETEC Holding, LLC
19-22381
 
Windstream Southwest Long Distance, LLC
19-22485
 
 
 
PAETEC iTEL, L.L.C.
19-22385
 
Windstream Standard, LLC
19-22488
 
 
 
PAETEC Realty LLC
19-22389
 
Windstream Sugar Land, LLC
19-22490
 
 
 
PAETEC, LLC
19-22393
 
Windstream Supply, LLC
19-22493
 
 
 
PCS Licenses, Inc.
19-22396
 
Windstream Systems of the Midwest, Inc.
19-22495
 
 
 
Progress Place Realty Holding Company, LLC
19-22398
 
Windstream Western Reserve, LLC
19-22497
 
 
 
RevChain Solutions, LLC
19-22402
 
Xeta Technologies, Inc.
19-22499
 
 
 
SM Holdings, LLC
19-22406
 
 
 
 
 
 
 
 
 
 
 
 


FORM Listing
3 of 17



UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
 
 
 
 
 
 
 
 
In re
WINDSTREAM HOLDINGS, INC. et al.,
 
 
Case No.
19-22312 (RDD)
 
 
 
Debtors
 
 
 
 
 
 
 
 
 
 
Reporting Period:
5/1/19 - 5/31/19
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Federal Tax I.D. #
46-2847717
 
 
 
 
 
 
 
 
 
 
 
GLOBAL NOTES AND STATEMENTS OF LIMITATIONS AND DISCLAIMERS REGARDING THE DEBTORS’ MONTHLY OPERATING REPORT
 
 
 
 
 
 
 
 
 
 
On February 25, 2019 (the “Petition Date”), each of the Debtors filed voluntary petitions for relief under chapter 11 of title 11 of the United States Code (the “Bankruptcy Code”) in the United States Bankruptcy Court for the Southern District of New York (the “Bankruptcy Court”). The Debtors’ Chapter 11 Cases are jointly administered for procedural purposes only under Windstream Holdings, Inc, No. 19-22312 (RDD) (S.D.N.Y.) pursuant to an order entered by the Bankruptcy Court on February 28, 2019 Docket No. 56. On March 12, 2019, the United States Trustee for Region 2 (the “U.S. Trustee”) appointed an official committee of unsecured creditors pursuant to section 1102(a) of the Bankruptcy Code Docket No. 136. The Debtors continue to operate their business and manage their properties as debtors in possession pursuant to sections 1107(a) and 1108 of the Bankruptcy Code.
 
 
 
 
 
 
 
 
 
 
 
[1] General Methodology: The Debtors are filing their consolidated monthly operating report (the “MOR”) solely for purposes of complying with the monthly operating requirements applicable in the Debtors’ Chapter 11 Cases. The financial information contained herein is unaudited, limited in scope, and as discussed below, not necessarily prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”). The MOR should not be relied upon by any persons for information relating to current or future financial conditions, events, or performance of any of the Debtors or their affiliates, as the results of operations contained herein are not necessarily indicative of results which may be expected from any other period or for the full year, and may not necessarily reflect the consolidated results of operations, financial position, and schedule of receipts and disbursements in the future. There can be no assurance that such information is complete, and the MOR may be subject to revision. The following notes, statements, and limitations should be referred to, and referenced in connection with, any review of the MOR.
 
 
 
 
 
 
 
 
 
 
 
[2] Basis of Presentation. For financial reporting purposes, the Debtors prepare monthly consolidated financial statements, which include information for Windstream Holdings, and all of its subsidiaries. The Debtors are maintaining their books and records in accordance with GAAP and the information furnished in this MOR uses the Debtors’ normal accrual method of accounting. In preparing the MOR, the Debtors relied on financial data derived from their books and records that was available at the time of preparation. Nevertheless, in preparing this MOR, the Debtors made reasonable efforts to supplement the information set forth in their books and records with additional information concerning transactions that may not have been identified therein. Subsequent information or discovery may result in material changes to the MOR and errors or omissions may exist. Notwithstanding any such discovery, new information, or errors or omissions, the Debtors do not undertake any obligation or commitment to update this MOR.
 
 
 
 
 
 
 
 
 
 
 
[3] Reporting Period. Unless otherwise noted herein, the MOR generally reflects the Debtors’ books and records and financial activity occurring during the applicable reporting period. Except as otherwise noted, no adjustments have been made for activity occurring after the close of the reporting period.
 
 
 
 
 
 
 
 
 
 
 
[4] Accuracy. The financial information disclosed herein was not prepared in accordance with federal or state securities laws or other applicable non-bankruptcy law or in lieu of complying with any periodic reporting requirements thereunder. Persons and entities trading in or otherwise purchasing, selling, or transferring the claims against or equity interests in the Debtors should evaluate this financial information in light of the purposes for which it was prepared. The Debtors are not liable for and undertake no responsibility to indicate variations from securities laws or for any evaluations of the Debtors based on this financial information or any other information.
 
 
 
 
 
 
 
 
 
 
 
[5] Liabilities Subject to Compromise: Due to the filing of the Chapter 11 Cases on February 25, 2019, the payment of pre-petition indebtedness is generally subject to compromise pursuant to a plan of reorganization. Generally, actions to enforce or otherwise effect payment of pre-bankruptcy filing liabilities are stayed. Although payment of pre-petition claims generally is not permitted, the Bankruptcy Court granted the Debtors authority to pay certain pre-petition claims in designated categories and subject to certain terms and conditions. This relief generally was designed to preserve the value of the Debtors’ businesses and assets. Among other things, the Bankruptcy Court authorized the Debtors to pay certain pre-petition claims relating to employee wages and benefits, taxes and critical vendors. The Debtors have been paying and intend to pay undisputed post-petition liabilities in the ordinary course of business. In addition, the Debtors may reject certain pre-petition executory contracts and unexpired leases with respect to their operations with the approval of the Bankruptcy Court.
 
 
 
 
 
 
 
 
 
 
 
Pre-petition liabilities that are subject to compromise are required to be reported at the amounts expected to be allowed, even if they may be settled for lesser amounts. The amounts currently classified as Liabilities Subject to Compromise may be subject to future adjustments depending on Bankruptcy Court actions, further developments with respect to disputed claims, determinations of secured status of certain claims, the values of any collateral securing such claims, or other events. We cannot reasonably estimate the value of the claims that will ultimately be allowed by the Bankruptcy Court until our evaluation, investigation and reconciliation of the filed claims has been completed. Any resulting changes in classification will be reflected in subsequent financial statements.
 
 
 
 
 
 
 
 
 
 
 
[6] Reservation of Rights. The Debtors reserve all rights to amend or supplement the MOR in all respects, as may be necessary or appropriate, but shall be under no obligation to do so. Nothing contained in this MOR shall constitute a waiver of any of the Debtors’ rights or an admission with respect to their Chapter 11 Cases.
 
 
 
 
 
 
 
 
 
 
 
[7] ASC 852. This accounting standard requires expenses and income directly associated with the Chapter 11 Cases to be reported separately in the statement of operations as reorganization items, net. Reorganization items, net primarily include write-off of certain original issue discount and fees relating to debt obligations classified as Liabilities Subject to Compromise, expenses related to legal advisory and representation services, other professional consulting and advisory services, and changes in liabilities subject to compromise recognized as there are changes in amounts expected to be allowed as claims. Nothing contained in this MOR shall constitute a waiver of any of the Debtors’ rights or an admission with respect to the Chapter 11 Cases, including, but not limited to, matters involving objections to claims, substantive consolidation, equitable subordination, defenses, characterization or re-characterization of contracts, assumption or rejection of contracts under the provisions of Chapter 3 of Title 11 of the Bankruptcy Code and/or causes of action under the provisions of Chapter 5 of the Bankruptcy Code or any other relevant applicable laws to recover assets or avoid transfers.
 


FORM Global Notes
4 of 17



UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
 
 
 
 
 
 
 
 
In re
WINDSTREAM HOLDINGS, INC. et al.,
 
Case No.

19-22312 (RDD)
 
 
 
Debtors
 
 
 
 
 
 
 
 
 
 
Reporting Period:

5/1/19 - 5/31/19
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Federal Tax I.D. #

46-2847717
 
 
 
 
 
 
 
 
 
 
 
SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS[1, 2]
 
 
 
 
 
 
 
 
 
 
 
 
Case No.
Case Name
Cash Receipts
Cash Disbursements
 
 
 
 
19-22338
A.R.C. Networks, Inc.
$
—

$
—

 
 
 
 
19-22345
Allworx Corp.
—

—

 
 
 
 
19-22349
American Telephone Company LLC
—

—

 
 
 
 
19-22362
ARC Networks, Inc.
—

—

 
 
 
 
19-22368
ATX Communications, Inc.
—

—

 
 
 
 
19-22371
ATX Licensing, Inc.
—

—

 
 
 
 
19-22377
ATX Telecommunications Services of Virginia, LLC
—

—

 
 
 
 
19-22382
Birmingham Data Link, LLC
—

—

 
 
 
 
19-22387
BOB, LLC
22,763

26,196

 
 
 
 
19-22392
Boston Retail Partners, LLC
—

—

 
 
 
 
19-22403
BridgeCom Holdings, Inc.
—

—

 
 
 
 
19-22408
BridgeCom International, Inc.
—

—

 
 
 
 
19-22428
BridgeCom Solutions Group, Inc.
—

—

 
 
 
 
19-22440
Broadview Networks of Massachusetts, Inc.
—

—

 
 
 
 
19-22454
Broadview Networks of Virginia, Inc.
—

—

 
 
 
 
19-22456
Broadview Networks, Inc.
42,683,602

42,414,784

 
 
 
 
19-22461
Broadview NP Acquisition Corp.
—

—

 
 
 
 
19-22463
Buffalo Valley Management Services, Inc.
311,655

312,953

 
 
 
 
19-22466
Business Telecom of Virginia, Inc.
—

—

 
 
 
 
19-22469
Business Telecom, LLC
—

—

 
 
 
 
19-22471
BV-BC Acquisition Corporation
—

—

 
 
 
 
19-22474
Cavalier IP TV, LLC
—

—

 
 
 
 
19-22313
Cavalier Services, LLC
—

—

 
 
 
 
19-22315
Cavalier Telephone Mid-Atlantic, L.L.C.
—

—

 
 
 
 
19-22317
Cavalier Telephone, L.L.C.
331,943

443,115

 
 
 
 
19-22319
CCL Historical, Inc.
—

—

 
 
 
 
19-22322
Choice One Communications of Connecticut, Inc.
—

—

 
 
 
 
19-22324
Choice One Communications of Maine, Inc.
—

—

 
 
 
 
19-22326
Choice One Communications of Massachusetts, Inc.
—

—

 
 
 
 
19-22329
Choice One Communications of New York, Inc.
12,881,733

12,662,434

 
 
 
 
19-22331
Choice One Communications of Ohio, Inc.
—

—

 
 
 
 
19-22332
Choice One Communications of Pennsylvania, Inc.
—

—

 
 
 
 
19-22335
Choice One Communications of Rhode Island, Inc.
—

—

 
 
 
 
19-22339
Choice One Communications of Vermont, Inc.
—

—

 
 
 
 
19-22341
Choice One Communications Resale, L.L.C.
—

—

 
 
 
 
19-22344
Choice One of New Hampshire, Inc.
—

—

 
 
 
 
19-22353
Cinergy Communications Company of Virginia, LLC
—

—

 
 
 
 
19-22356
Conestoga Enterprises, Inc.
—

—

 
 
 
 
19-22358
Conestoga Management Services, Inc.
1,139,825

1,143,831

 
 
 
 
19-22360
Conestoga Wireless Company
—

—

 
 
 
 
19-22363
Connecticut Broadband, LLC
—

—

 
 
 
 
19-22365
Connecticut Telephone & Communication Systems, Inc.
—

—

 
 
 
 
19-22366
Conversent Communications Long Distance, LLC
—

—

 
 
 
 
19-22369
Conversent Communications of Connecticut, LLC
—

—

 
 
 
 
19-22372
Conversent Communications of Maine, LLC
—

—

 
 
 
 
19-22375
Conversent Communications of Massachusetts, Inc.
—

—

 
 
 
 
19-22378
Conversent Communications of New Hampshire, LLC
—

—

 
 
 
 
19-22380
Conversent Communications of New Jersey, LLC
—

—

 
 
 
 
19-22384
Conversent Communications of New York, LLC
—

—

 
 
 
 
19-22386
Conversent Communications of Pennsylvania, LLC
—

—

 
 
 
 
19-22388
Conversent Communications of Rhode Island, LLC
—

—

 
 
 
 
19-22391
Conversent Communications of Vermont, LLC
—

—

 
 
 
 
19-22394
Conversent Communications Resale, L.L.C.
—

—

 
 
 
 
19-22399
CoreComm Communications, LLC
—

—

 
 
 
 
19-22401
CoreComm-ATX, Inc.
—

—

 
 
 
 
19-22405
CTC Communications Corporation
—

—

 
 
 
 
19-22407
CTC Communications of Virginia, Inc.
—

—

 
 
 
 
19-22411
D&E Communications, LLC
—

—

 
 
 
 
19-22414
D&E Management Services, Inc.
505,904

504,704

 
 
 
 
19-22417
D&E Networks, Inc.
—

—

 
 
 
 
19-22419
D&E Wireless, Inc.
—

—

 
 
 
 
19-22423
Deltacom, LLC
25,025,650

25,842,016

 
 
 
 
19-22427
Earthlink Business, LLC
—

—

 
 

FORM MOR-1
5 of 17



UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
 
 
 
 
 
 
 
 
In re
WINDSTREAM HOLDINGS, INC. et al.,
 
Case No.

19-22312 (RDD)
 
 
 
Debtors
 
 
 
 
 
 
 
 
 
 
Reporting Period:

5/1/19 - 5/31/19
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Federal Tax I.D. #

46-2847717
 
 
 
 
 
 
 
 
 
 
 
SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS[1, 2]
 
 
 
 
 
 
 
 
 
 
 
 
Case No.
Case Name
Cash Receipts
Cash Disbursements
 
 
 
 
19-22430
Earthlink Carrier, LLC
4,933,377

4,933,377

 
 
 
 
19-22432
Equity Leasing, Inc.
—

—

 
 
 
 
19-22435
Eureka Broadband Corporation
—

—

 
 
 
 
19-22437
Eureka Holdings, LLC
—

—

 
 
 
 
19-22438
Eureka Networks, LLC
—

—

 
 
 
 
19-22442
Eureka Telecom of VA, Inc.
—

—

 
 
 
 
19-22445
Eureka Telecom, Inc.
—

—

 
 
 
 
19-22447
Georgia Windstream, LLC
—

—

 
 
 
 
19-22451
Heart of the Lakes Cable Systems, Inc.
—

—

 
 
 
 
19-22314
Infocore, Inc.
—

—

 
 
 
 
19-22318
InfoHighway Communications Corporation
—

—

 
 
 
 
19-22321
Info-Highway International, Inc.
—

—

 
 
 
 
19-22325
InfoHighway of Virginia, Inc.
—

—

 
 
 
 
19-22328
Intellifiber Networks, LLC
—

—

 
 
 
 
19-22330
Iowa Telecom Data Services, L.C.
—

—

 
 
 
 
19-22333
Iowa Telecom Technologies, LLC
—

—

 
 
 
 
19-22336
IWA Services, LLC
—

—

 
 
 
 
19-22337
KDL Holdings, LLC
—

—

 
 
 
 
19-22342
LDMI Telecommunications, LLC
—

—

 
 
 
 
19-22346
Lightship Telecom, LLC
—

—

 
 
 
 
19-22347
MassComm, LLC
13,681

15,433

 
 
 
 
19-22350
McLeodUSA Information Services LLC
—

—

 
 
 
 
19-22352
McLeodUSA Purchasing, L.L.C.
—

—

 
 
 
 
19-22355
McLeodUSA Telecommunications Services, L.L.C.
—

—

 
 
 
 
19-22357
MPX, Inc.
—

—

 
 
 
 
19-22361
Nashville Data Link, LLC
—

—

 
 
 
 
19-22364
Network Telephone, LLC
—

—

 
 
 
 
19-22367
Norlight Telecommunications of Virginia, LLC
—

—

 
 
 
 
19-22370
Oklahoma Windstream, LLC
—

—

 
 
 
 
19-22373
Open Support Systems, LLC
—

—

 
 
 
 
19-22376
PaeTec Communications of Virginia, LLC
—

—

 
 
 
 
19-22311
PaeTec Communications, LLC
145,300,122

144,177,914

 
 
 
 
19-22381
PAETEC Holding, LLC
—

—

 
 
 
 
19-22385
PAETEC iTEL, L.L.C.
—

—

 
 
 
 
19-22389
PAETEC Realty LLC
—

—

 
 
 
 
19-22393
PAETEC, LLC
—

—

 
 
 
 
19-22396
PCS Licenses, Inc.
2,501

2,878

 
 
 
 
19-22398
Progress Place Realty Holding Company, LLC
—

—

 
 
 
 
19-22402
RevChain Solutions, LLC
—

—

 
 
 
 
19-22406
SM Holdings, LLC
—

—

 
 
 
 
19-22409
Southwest Enhanced Network Services, LLC
—

—

 
 
 
 
19-22412
Talk America of Virginia, LLC
—

—

 
 
 
 
19-22416
Talk America, LLC
—

—

 
 
 
 
19-22420
Teleview, LLC
—

—

 
 
 
 
19-22316
Texas Windstream, LLC
—

—

 
 
 
 
19-22323
The Other Phone Company, LLC
—

—

 
 
 
 
19-22327
TriNet, LLC
—

—

 
 
 
 
19-22334
TruCom Corporation
—

—

 
 
 
 
19-22340
US LEC Communications LLC
—

—

 
 
 
 
19-22343
US LEC of Alabama LLC
—

—

 
 
 
 
19-22348
US LEC of Florida LLC
—

—

 
 
 
 
19-22351
US LEC of Georgia LLC
—

—

 
 
 
 
19-22379
US LEC of Maryland LLC
—

—

 
 
 
 
19-22383
US LEC of North Carolina LLC
—

—

 
 
 
 
19-22395
US LEC of Pennsylvania LLC
—

—

 
 
 
 
19-22404
US LEC of South Carolina LLC
—

—

 
 
 
 
19-22410
US LEC of Tennessee LLC
—

—

 
 
 
 
19-22415
US LEC of Virginia LLC
—

—

 
 
 
 
19-22455
US Xchange, Inc.
—

—

 
 
 
 
19-22425
US Xchange of Illinois, L.L.C.
—

—

 
 
 
 
19-22436
US Xchange of Indiana, L.L.C.
—

—

 
 
 
 
19-22443
US Xchange of Michigan, L.L.C.
—

—

 
 
 
 
19-22450
US Xchange of Wisconsin, L.L.C.
—

—

 
 

FORM MOR-1
6 of 17



UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
 
 
 
 
 
 
 
 
In re
WINDSTREAM HOLDINGS, INC. et al.,
 
Case No.

19-22312 (RDD)
 
 
 
Debtors
 
 
 
 
 
 
 
 
 
 
Reporting Period:

5/1/19 - 5/31/19
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Federal Tax I.D. #

46-2847717
 
 
 
 
 
 
 
 
 
 
 
SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS[1, 2]
 
 
 
 
 
 
 
 
 
 
 
 
Case No.
Case Name
Cash Receipts
Cash Disbursements
 
 
 
 
19-22460
Valor Telecommunications of Texas, LLC
311,194

311,194

 
 
 
 
19-22465
WaveTel NC License Corporation
—

—

 
 
 
 
19-22470
WIN Sales & Leasing, Inc.
—

—

 
 
 
 
19-22472
Windstream Accucomm Networks, LLC
—

—

 
 
 
 
19-22475
Windstream Accucomm Telecommunications, LLC
—

—

 
 
 
 
19-22478
Windstream Alabama, LLC
—

—

 
 
 
 
19-22483
Windstream Arkansas, LLC
—

—

 
 
 
 
19-22487
Windstream Buffalo Valley, Inc.
—

—

 
 
 
 
19-22310
Windstream Business Holdings, LLC
34,405,509

34,693,330

 
 
 
 
19-22494
Windstream BV Holdings, LLC
—

—

 
 
 
 
19-22500
Windstream Cavalier, LLC
—

—

 
 
 
 
19-22424
Windstream Communications Kerrville, LLC
3,641

6,706

 
 
 
 
19-22429
Windstream Communications Telecom, LLC
—

—

 
 
 
 
19-22433
Windstream Communications, LLC
419,041,671

422,253,422

 
 
 
 
19-22439
Windstream Concord Telephone, LLC
314,196

314,196

 
 
 
 
19-22446
Windstream Conestoga, Inc.
—

—

 
 
 
 
19-22448
Windstream CTC Internet Services, Inc.
—

—

 
 
 
 
19-22452
Windstream D&E Systems, LLC
46,118

46,118

 
 
 
 
19-22457
Windstream D&E, Inc.
—

—

 
 
 
 
19-22459
Windstream Direct, LLC
—

—

 
 
 
 
19-22464
Windstream Eagle Holdings, LLC
—

—

 
 
 
 
19-22467
Windstream Eagle Services, LLC
—

—

 
 
 
 
19-22390
Windstream EN-TEL, LLC
—

—

 
 
 
 
19-22397
Windstream Finance Corp.
—

—

 
 
 
 
19-22413
Windstream Florida, LLC
147,861

147,098

 
 
 
 
19-22418
Windstream Georgia Communications, LLC
703,267

648,118

 
 
 
 
19-22422
Windstream Georgia Telephone, LLC
—

—

 
 
 
 
19-22426
Windstream Georgia, LLC
8,029

7,906

 
 
 
 
19-22431
Windstream Holding of the Midwest, Inc.
—

—

 
 
 
 
19-22312
Windstream Holdings, Inc.
55,004,278

55,004,278

 
 
 
 
19-22434
Windstream Iowa Communications, LLC
—

—

 
 
 
 
19-22441
Windstream Iowa-Comm, LLC
—

—

 
 
 
 
19-22444
Windstream IT-Comm, LLC
—

—

 
 
 
 
19-22449
Windstream KDL, LLC
—

—

 
 
 
 
19-22453
Windstream KDL-VA, LLC
—

—

 
 
 
 
19-22458
Windstream Kentucky East, LLC
861,818

844,935

 
 
 
 
19-22462
Windstream Kentucky West, LLC
—

—

 
 
 
 
19-22468
Windstream Kerrville Long Distance, LLC
—

—

 
 
 
 
19-22473
Windstream Lakedale Link, Inc.
—

—

 
 
 
 
19-22477
Windstream Lakedale, Inc.
—

—

 
 
 
 
19-22482
Windstream Leasing, LLC
—

—

 
 
 
 
19-22486
Windstream Lexcom Communications, LLC
166,711

166,711

 
 
 
 
19-22491
Windstream Lexcom Entertainment, LLC
—

—

 
 
 
 
19-22498
Windstream Lexcom Long Distance, LLC
—

—

 
 
 
 
19-22502
Windstream Lexcom Wireless, LLC
—

—

 
 
 
 
19-22504
Windstream Mississippi, LLC
—

—

 
 
 
 
19-22506
Windstream Missouri, LLC
8,095

7,917

 
 
 
 
19-22508
Windstream Montezuma, LLC
46,723

47,019

 
 
 
 
19-22510
Windstream Nebraska, Inc.
104,309

99,847

 
 
 
 
19-22511
Windstream Network Services of the Midwest, Inc.
—

—

 
 
 
 
19-22512
Windstream New York, Inc.
664

679

 
 
 
 
19-22513
Windstream Norlight, LLC
—

—

 
 
 
 
19-22514
Windstream North Carolina, LLC
7,350

7,402

 
 
 
 
19-22515
Windstream NorthStar, LLC
—

—

 
 
 
 
19-22516
Windstream NTI, LLC
—

—

 
 
 
 
19-22517
Windstream NuVox Arkansas, LLC
—

—

 
 
 
 
19-22518
Windstream NuVox Illinois, LLC
—

—

 
 
 
 
19-22519
Windstream NuVox Indiana, LLC
—

—

 
 
 
 
19-22476
Windstream NuVox Kansas, LLC
—

—

 
 
 
 
19-22480
Windstream NuVox Missouri, LLC
—

—

 
 
 
 
19-22484
Windstream NuVox Ohio, LLC
—

—

 
 
 
 
19-22489
Windstream NuVox Oklahoma, LLC
—

—

 
 
 
 
19-22492
Windstream NuVox, LLC
6,343,150

6,343,150

 
 

FORM MOR-1
7 of 17



UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
 
 
 
 
 
 
 
 
In re
WINDSTREAM HOLDINGS, INC. et al.,
 
Case No.

19-22312 (RDD)
 
 
 
Debtors
 
 
 
 
 
 
 
 
 
 
Reporting Period:

5/1/19 - 5/31/19
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Federal Tax I.D. #

46-2847717
 
 
 
 
 
 
 
 
 
 
 
SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS[1, 2]
 
 
 
 
 
 
 
 
 
 
 
 
Case No.
Case Name
Cash Receipts
Cash Disbursements
 
 
 
 
19-22496
Windstream of the Midwest, Inc.
—

—

 
 
 
 
19-22501
Windstream Ohio, LLC
2,495

2,249

 
 
 
 
19-22503
Windstream Oklahoma, LLC
—

—

 
 
 
 
19-22505
Windstream Pennsylvania, LLC
—

—

 
 
 
 
19-22400
Windstream Services, LLC
1,043,179,553

1,080,861,663

 
 
 
 
19-22507
Windstream SHAL Networks, Inc.
—

—

 
 
 
 
19-22509
Windstream SHAL, LLC
—

—

 
 
 
 
19-22479
Windstream Shared Services, LLC
23,592

23,592

 
 
 
 
19-22481
Windstream South Carolina, LLC
21,023

21,023

 
 
 
 
19-22485
Windstream Southwest Long Distance, LLC
—

—

 
 
 
 
19-22488
Windstream Standard, LLC
624,779

617,294

 
 
 
 
19-22490
Windstream Sugar Land, LLC
—

—

 
 
 
 
19-22493
Windstream Supply, LLC
—

—

 
 
 
 
19-22495
Windstream Systems of the Midwest, Inc.
—

—

 
 
 
 
19-22497
Windstream Western Reserve, LLC
—

—

 
 
 
 
19-22499
Xeta Technologies, Inc.
5,802,183

5,838,090

 
 
 
 
 
Total Debtors
$
1,800,330,961

$
1,840,793,572

 
 
 
 
 
 
 
 
 
 
 
 
Notes:
 
 
 
 
 
 
 
[1] Includes cash receipts and disbursements related to third party transactions as well as intercompany transfers between Debtors.
 
 
 
 
[2] The cash receipts and cash disbursements disclosed in this Monthly Operating Report reflect the bank activity records available to the Debtors. For the purpose of calculating the U.S. Trustee fee, cash disbursements disclosed in this Monthly Operating Report are allocated to the Debtor entity receiving the benefit of such disbursement.
 
 
 
 
 
 
 
 
 
 


FORM MOR-1
8 of 17



UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
 
 
 
 
 
 
 
 
In re
WINDSTREAM HOLDINGS, INC. et al.,
 
 
Case No.
19-22312 (RDD)
 
 
 
Debtors
 
 
 
 
 
 
 
 
 
 
Reporting Period:
5/1/19 - 5/31/19
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Federal Tax I.D. #
46-2847717
 
 
 
 
 
 
 
 
 
 
 
BANK ACCOUNT RECONCILIATIONS[1]
 
 
 
 
 
 
 
 
 
 
 
Legal Entity
Case Number
Bank/Account Description
Account Number [2]
Ending Bank Balance
 
 
 
American Telephone Company LLC
19-22349
Bank of America / Disb.
9254
$
46,823

 
 
 
BOB, LLC
19-22387
CIBC/ Dep.
0393
4,963

 
 
 
Broadview Networks, Inc.
19-22456
Citibank/ Dep.
3276
549,624

 
 
 
Broadview Networks, Inc.
19-22456
RBC/ Disb.
1225[3]
180,290

 
 
 
Broadview Networks, Inc.
19-22456
Citibank/ Dep.
3268
225,366

 
 
 
Broadview Networks, Inc.
19-22456
Citibank/ Other
1189
—

 
 
 
Broadview Networks, Inc.
19-22456
Citibank/ Other
7016
—

 
 
 
Broadview Networks, Inc.
19-22456
Citibank/ Other
9378
—

 
 
 
Broadview Networks, Inc.
19-22456
Citibank/ Other
2139
—

 
 
 
Broadview Networks, Inc.
19-22456
Citibank/ Other
5321
—

 
 
 
Broadview Networks, Inc.
19-22456
Citibank/ Other
8237
—

 
 
 
Buffalo Valley Management Services, Inc.
19-22463
Wells Fargo Bank/ Other
4234
2,802

 
 
 
Buffalo Valley Management Services, Inc.
19-22463
US Bank/ Other
0220
3,731

 
 
 
Cavalier Telephone, L.L.C.
19-22317
Bank of America/ Dep.
7841
20,945

 
 
 
Choice One Communications of New York, Inc.
19-22329
Bank of America/ Dep.
6429
768,277

 
 
 
Choice One Communications of New York, Inc.
19-22329
Bank of America/ Dep.
8396
21,519

 
 
 
Conestoga Management Services, Inc.
19-22358
US Bank/ Other
0195
4,291

 
 
 
Conestoga Management Services, Inc.
19-22358
Wells Fargo Bank/ Other
4247
57

 
 
 
D&E Management Services, Inc.
19-22414
Bank of America/ Other
3288
413

 
 
 
D&E Management Services, Inc.
19-22414
US Bank/ Other
8333
6,806

 
 
 
DeltaCom, LLC
19-22423
Regions/ Dep.
6996
1,106,701

 
 
 
DeltaCom, LLC
19-22423
Fifth Third Bank/ Dep.
8741
385,832

 
 
 
EarthLink Carrier, LLC
19-22430
Regions/ Dep.
6708
—

 
 
 
MassComm, LLC
19-22347
Chase Bank/ Dep.
7517
48,581

 
 
 
MassComm, LLC
19-22347
Chase Bank/ Disb.
9872
25,989

 
 
 
MassComm, LLC
19-22347
Chase Bank/ Dep.
7509
3,059

 
 
 
Paetec Communications, LLC
19-22311
HSBC/ Dep.
9204
1,203,518

 
 
 
Paetec Communications, LLC
19-22311
M&T Bank/ Dep.
2501
1,238,763

 
 
 
Paetec Communications, LLC
19-22311
Bank of America/ Dep.
0882
—

 
 
 
Paetec Communications, LLC
19-22311
Chase Bank/ Dep.
3425
—

 
 
 
PCS Licenses, Inc.
19-22396
Bank of America/ Other
3291
2,142

 
 
 
PCS Licenses, Inc.
19-22396
US Bank/ Other
3880
2,488

 
 
 
Valor Telecommunications of Texas, LLC
19-22460
Bank of America/ Dep.
1529
—

 
 
 
Valor Telecommunications of Texas, LLC
19-22460
Wells Fargo Bank/ Dep.
5518
—

 
 
 
Windstream Business Holdings, LLC
19-22310
Bank of America/ Dep.
5419
43,892

 
 
 
Windstream Business Holdings, LLC
19-22310
Bank of America/ Dep.
7948
—

 
 
 
Windstream Communications Kerrville, LLC
19-22424
Security State Bank & Trust/ Dep.
xxxx
1,031

 
 
 
Windstream Communications, LLC
19-22433
Chase Bank/ Dep.
8972
5,837,694

 
 
 
Windstream Communications, LLC
19-22433
Wells Fargo Bank/ Dep.
3712
2,121,461

 
 
 
Windstream Communications, LLC
19-22433
Bank of America/ Dep.
3741
—

 
 
 
Windstream Communications, LLC
19-22433
Bank of America/ Dep.
0600
—

 
 
 
Windstream Communications, LLC
19-22433
Bank of America/ Dep.
5301
—

 
 
 
Windstream Communications, LLC
19-22433
Bank of America/ Dep.
5314
—

 
 
 
Windstream Communications, LLC
19-22433
Bank of America/ Dep.
5327
—

 
 
 
Windstream Communications, LLC
19-22433
Bank of America/ Disb.
1672
—

 
 
 
Windstream Communications, LLC
19-22433
Bank of America/ Dep.
1698
—

 
 
 
Windstream Communications, LLC
19-22433
Bank of America/ Dep.
1724
—

 
 
 
Windstream Communications, LLC
19-22433
Bank of America/ Dep.
1737
—

 
 
 
Windstream Communications, LLC
19-22433
Bank of America/ Dep.
1795
—

 
 
 
Windstream Communications, LLC
19-22433
Bank of America/ Dep.
1441
—

 
 
 
Windstream Communications, LLC
19-22433
Bank of America/ Dep.
1454
—

 
 
 
Windstream Communications, LLC
19-22433
Bank of America/ Dep.
4239
—

 
 
 
Windstream Communications, LLC
19-22433
Bank of America/ Dep.
4144
—

 
 
 
Windstream Communications, LLC
19-22433
Chase Bank/ Dep.
6643
—

 
 
 
Windstream Concord Telephone, LLC
19-22439
Bank of America/ Dep.
6399
—

 
 
 
Windstream Concord Telephone, LLC
19-22439
Bank of America/ Dep.
6412
—

 
 
 
Windstream D&E Systems, LLC
19-22452
Bank of America/ Dep.
0702
—

 
 
 
Windstream Florida, LLC
19-22413
First Federal Savings/ Dep.
7709
18,655

 
 
 
Windstream Georgia Communications, LLC
19-22418
Exchange Bank/ Dep.
xxxx
79,213

 
 
 
Windstream Georgia Communications, LLC
19-22418
Bank of America/ Dep.
7765
2,805

 
 
 
Windstream Georgia Communications, LLC
19-22418
Bank of America/ Dep.
3834
—

 
 
 
Windstream Georgia Communications, LLC
19-22418
Bank of America/ Dep.
1766
—

 
 
 
Windstream Georgia Communications, LLC
19-22418
Bank of America/ Dep.
4507
—

 

FORM MOR-1 (CONT)
9 of 17



UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
 
 
 
 
 
 
 
 
In re
WINDSTREAM HOLDINGS, INC. et al.,
 
 
Case No.
19-22312 (RDD)
 
 
 
Debtors
 
 
 
 
 
 
 
 
 
 
Reporting Period:
5/1/19 - 5/31/19
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Federal Tax I.D. #
46-2847717
 
 
 
 
 
 
 
 
 
 
 
BANK ACCOUNT RECONCILIATIONS[1]
 
 
 
 
 
 
 
 
 
 
 
Legal Entity
Case Number
Bank/Account Description
Account Number [2]
Ending Bank Balance
 
 
 
Windstream Georgia Communications, LLC
19-22418
Wells Fargo Bank/ Dep.
8115
—

 
 
 
Windstream Georgia, LLC
19-22426
The Farmers Bank/ Dep.
xxxx
2,422

 
 
 
Windstream Holdings, Inc.
19-22312
Bank of America/ Disb.
2369
—

 
 
 
Windstream Kentucky East, LLC
19-22458
Forcht Bank (Campbellsville)/ Dep.
9736
40,547

 
 
 
Windstream Kentucky East, LLC
19-22458
Chase Bank/ Dep.
2757
16,426

 
 
 
Windstream Kentucky East, LLC
19-22458
Chase Bank/ Dep.
2773
5,572

 
 
 
Windstream Kentucky East, LLC
19-22458
Bank of America/ Dep.
0571
—

 
 
 
Windstream Kentucky East, LLC
19-22458
Bank of America/ Dep.
0597
—

 
 
 
Windstream Lexcom Communications, LLC
19-22486
Wells Fargo Bank/ Dep.
5700
—

 
 
 
Windstream Missouri, LLC
19-22506
First Missouri Bank/ Dep.
0464
2,834

 
 
 
Windstream Montezuma, LLC
19-22508
Montezuma State Bank/ Dep.
xxxx
15,641

 
 
 
Windstream Nebraska, Inc.
19-22510
US Bank/ Dep.
9924
33,747

 
 
 
Windstream Nebraska, Inc.
19-22510
US Bank/ Dep.
3936
15,692

 
 
 
Windstream Nebraska, Inc.
19-22510
Wells Fargo Bank/ Dep.
1370
—

 
 
 
Windstream New York, Inc.
19-22512
Suntrust/ Dep.
9486
1,263

 
 
 
Windstream North Carolina, LLC
19-22514
First Bank/ Dep.
0206
1,779

 
 
 
Windstream North Carolina, LLC
19-22514
Suntrust/ Dep.
4078
1,093

 
 
 
Windstream NuVox, LLC
19-22492
Chase Bank/ Dep.
8595
—

 
 
 
Windstream Ohio, LLC
19-22501
First Central National Bank/ Dep.
xxxx
1,325

 
 
 
Windstream Services, LLC
19-22400
Bank of America/ Concen.
1805
449,474,433

 
 
 
Windstream Services, LLC
19-22400
Bank of America/ Other
5832
5,255,151

 
 
 
Windstream Services, LLC
19-22400
Bank of America/ Adeq. Assur.
3937
2,500,000

 
 
 
Windstream Services, LLC
19-22400
Bank of America/ Disb.
4885
—

 
 
 
Windstream Services, LLC
19-22400
Bank of America/ Disb.
4893
—

 
 
 
Windstream Services, LLC
19-22400
Bank of America/ Disb.
4919
—

 
 
 
Windstream Services, LLC
19-22400
Bank of America/ Disb.
8985
—

 
 
 
Windstream Services, LLC
19-22400
Bank of America/ Disb.
2933
—

 
 
 
Windstream Services, LLC
19-22400
Bank of America/ Disb.
2941
—

 
 
 
Windstream Services, LLC
19-22400
Bank of America/ Disb.
5089
—

 
 
 
Windstream Services, LLC
19-22400
Bank of America/ Dep.
6049
—

 
 
 
Windstream Services, LLC
19-22400
Bank of America/ Dep.
1821
—

 
 
 
Windstream Services, LLC
19-22400
Bank of America/ Disb.
7973
—

 
 
 
Windstream Services, LLC
19-22400
Bank of America/ Other
5309
—

 
 
 
Windstream Shared Services, LLC
19-22479
Chase Bank/ Dep.
8926
—

 
 
 
Windstream South Carolina, LLC
19-22481
Bank of America/ Dep.
5525
—

 
 
 
Windstream Standard, LLC
19-22488
Regions/ Dep.
2442
28,929

 
 
 
Windstream Standard, LLC
19-22488
Regions/ Dep.
2469
30,378

 
 
 
Windstream Standard, LLC
19-22488
United Community Bank/ Dep.
4351
19,931

 
 
 
Windstream Standard, LLC
19-22488
Bank of America/ Dep.
7781
8,921

 
 
 
Xeta Technologies, Inc.
19-22499
Commerce Bank/ Dep.
0382
351,450

 
 
 
Xeta Technologies, Inc.
19-22499
Commerce Bank/ Dep.
6094
5,989

 
 
 
Xeta Technologies, Inc.
19-22499
M&T Bank/ Disb.
2912
—

 
 
 
Total Bank Balances
 
 
 
$
471,771,255

 
 
 
 
 
 
 
 
 
 
 
 
Bank-to-Book Cash Reconciliation
 
 
 
 
Total Bank Balance
 
$
471,771,255

 
 
 
 
 
 
 
 
 
 
 
 
(+)/(-) Other Cash-in-Transit/ Reconciling Items
 
2,199,097

 
 
 
 
(-) Restricted Cash
 
(7,754,259
)
 
 
 
 
Cash and Cash Equivalents Book Balance (MOR - 3)
$
466,216,093

 
 
 
 
 
 
 
 
 
 
 
Notes:
 
 
 
 
 
 
 
[1] Copies of Bank Statements and Cash Disbursement journals are available upon request.
 
 
 
[2] Last four digits of account number. Accounts listed as "xxxx" have account numbers of 6 or fewer digits and have been excluded herein for confidentiality purposes.
 
 
 
[3] Funds in this account are held in CAD; balance reflected herein is converted to USD using end of period exchange rates.
 


FORM MOR-1 (CONT)
10 of 17



UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
 
 
 
 
 
 
 
In re
WINDSTREAM HOLDINGS, INC. et al.,
 
 
Case No.
19-22312 (RDD)
 
 
Debtors
 
 
 
 
 
 
 
 
 
Reporting Period:
5/1/19 - 5/31/19
 
 
 
 
 
 
 
 
 
 
 
 
Federal Tax I.D. #
46-2847717
 
 
 
 
 
 
 
 
 
STATEMENT OF OPERATIONS
 
 
 
 
 
 
 
 
 
WINDSTREAM HOLDINGS, INC.
 
 
(DEBTOR-IN-POSSESSION)
 
 
CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)
 
 
 
 
 
 
 
 
 
Reporting period of May 1 through May 31, 2019
 
 
 
 
 
 
 
 
 
Revenues and sales:
 
 
 
 
 
 
Service revenues:
 
 
 
$
422,300,535

 
 
Product sales
 
 
 
5,361,956

 
 
Total revenues and sales
 
 
 
427,662,491

 
 
Costs and expenses:
 
 
 
 
 
 
Cost of services (exclusive of depreciation and amortization included below)
 
 
 
271,216,181

 
 
Cost of products sold
 
 
 
4,494,358

 
 
Selling, general, administrative and other
 
 
 
62,296,915

 
 
Depreciation and amortization
 
 
 
86,908,481

 
 
Merger and integration costs
 
 
 
577,303

 
 
Restructuring charges
 
 
 
1,137,872

 
 
Total costs and expenses
 
 
 
426,631,110

 
 
Operating profit
 
 
 
1,031,381

 
 
Other income, net
 
 
 
869,284

 
 
Reorganization items, net
 
 
 
(13,865,856
)
 
 
Interest expense
 
 
 
(28,917,522
)
 
 
Loss before income taxes
 
 
 
(40,882,713
)
 
 
Income tax benefit
 
 
 
(10,308,604
)
 
 
Net loss
 
 
 
$
(30,574,109
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 


FORM MOR-2
11 of 17



UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
 
 
 
 
 
 
In re
WINDSTREAM HOLDINGS, INC. et al.,
 
Case No.
19-22312 (RDD)
 
 
Debtors
 
 
 
 
 
 
 
Reporting Period:
5/1/19 - 5/31/19
 
 
 
 
 
 
 
 
 
 
Federal Tax I.D. #
46-2847717
 
 
 
 
 
 
 
 
BALANCE SHEET
 
 
 
 
 
 
 
 
WINDSTREAM HOLDINGS, INC.
 
 
(DEBTOR-IN-POSSESSION)
 
 
CONSOLIDATED BALANCE SHEETS (UNAUDITED)
 
 
 
 
 
 
 
 
 
 
 
May 31,
 
 
 
 
 
2019
 
 
Assets
 
 
 
 
 
Current Assets:
 
 
 
 
 
Cash and cash equivalents
 
 
$
466,216,093

 
 
Restricted cash
 
 
7,754,259

 
 
Accounts receivable (less allowance for doubtful accounts)
 
 
579,411,030

 
 
Inventories
 
 
78,449,975

 
 
Prepaid expenses and other
 
 
236,671,118

 
 
Total current assets
 
 
1,368,502,475

 
 
Goodwill
 
 
434,683,854

 
 
Other intangibles, net
 
 
1,146,190,331

 
 
Net property, plant and equipment
 
 
3,622,068,055

 
 
Operating lease right-of-use assets
 
 
4,133,766,413

 
 
Other assets
 
 
84,104,336

 
 
Total Assets
 
 
10,789,315,464

 
 
Liabilities and Shareholders’ Deficit
 
 
  
 
 
Current Liabilities:
 
 
 
 
 
Current portion of long-term debt
 
 
3,717,042,137

 
 
Accounts payable
 
 
208,319,288

 
 
Advance payments and customer deposits
 
 
162,047,696

 
 
Accrued taxes
 
 
69,174,103

 
 
Accrued interest
 
 
1,393,987

 
 
Other current liabilities
 
 
131,727,485

 
 
Total current liabilities
 
 
4,289,704,696

 
 
Other liabilities
 
 
16,543,528

 
 
Liabilities subject to compromise
 
 
7,740,787,859

 
 
Total liabilities
 
 
12,047,036,083

 
 
Commitments and Contingencies
 
 
 
 
 
Shareholders’ Deficit:
 
 
 
 
 
Common stock, $.0001 par value, 75,000,000 shares authorized,
 
 
 
 
 
43,001,563 shares issued and outstanding
 
 
4,275

 
 
Additional paid-in capital
 
 
1,253,449,998

 
 
Accumulated other comprehensive income
 
 
29,767,019

 
 
Accumulated deficit
 
 
(2,540,941,911
)
 
 
Total shareholders’ deficit
 
 
(1,257,720,619
)
 
 
Total Liabilities and Shareholders’ Deficit
 
 
$
10,789,315,464

 
 
 
 
 
 


FORM MOR-3
12 of 17



UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
 
 
 
 
 
 
 
 
In re
WINDSTREAM HOLDINGS, INC. et al.,
 
 
 
Case No.

19-22312 (RDD)
 
Debtors
 
 
 
 
 
 
 
 
 
 
 
 
Reporting Period:

5/1/19 - 5/31/19
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Federal Tax I.D. #

46-2847717
 
 
 
 
 
 
 
 
 
STATUS OF POST-PETITION TAXES [1]
 
 
 
 
 
 
 
 
 
 
Tax Description
Classification
Beginning Tax
Amount Withheld and/or Accrued
Amount Paid
Ending Tax
 
 
Sales, Use Taxes and Government Fees
Accrued Taxes
$
22,532,546

$
19,196,128

$
(19,099,707
)
$
22,628,967

 
 
Real and Personal Property Taxes
Accrued Taxes
9,963,705

5,363,172

(606,676
)
14,720,201

 
 
Income and Franchise Taxes
Accrued Taxes
1,350,286

638,948

(220,235
)
1,768,999

 
 
Other Telecom Taxes / Fees
Other Accruals
4,545,175

4,082,249

(4,192,619
)
4,434,806

 
 
Payroll Taxes
Other Current Liabilities
4,274,290

28,124,868

(9,819,443
)
22,579,715

 
 
Total Taxes
 
$
42,666,002

$
57,405,366

$
(33,938,680
)
$
66,132,688

 
 
 
 
 
 
 
 
 
 
Notes:
 
 
 
 
 
 
 
[1] The tax roll-forward reflects the payment of post-petition taxes.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
SUMMARY OF UNPAID POST-PETITION DEBTS [2]
 
 
 
 
 
 
 
 
 
 
 
Number of Days Past Due
 
Post-Petition Debts
Current
1 - 30
31 - 60
61 -90
90 +
Total
 
Trade Accounts Payable
$
72,023,162

$
—

$
—

$
—

$
—

$
72,023,162

 
Other Accruals
136,024,931

 
 
 
 
136,024,931

 
Total Accounts Payable
208,048,094

—

—

—

—

208,048,094

 
 
 
 
 
 
 
 
 
Advance Payments and Customer Deposits
149,745,696

—

—

—

—

149,745,696

 
Accrued Taxes
39,118,167

—

—

—

—

39,118,167

 
Accrued Interest
1,393,987

—

—

—

—

1,393,987

 
Other Current Liabilities
110,977,583

—

—

—

—

110,977,583

 
Other Liabilities
4,196,528

—

—

—

—

4,196,528

 
Total Unpaid Post-Petition Debts
$
513,480,055

$
—

$
—

$
—

$
—

$
513,480,055

 
 
 
 
 
 
 
 
 
Notes:
 
 
 
 
 
 
 
[2] Excludes Current Portion of Long-Term Debt.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

FORM MOR-4
13 of 17



In re
WINDSTREAM HOLDINGS, INC. et al.,
 
 
 
Case No.

19-22312 (RDD)
 
Debtors
 
 
 
 
 
 
 
 
 
 
Reporting Period:

5/1/19 - 5/31/19
 
 
 
 
 
 
 
 
 
 
 
 
Federal Tax I.D. #

46-2847717
 
 
 
 
 
 
 
 
SUMMARY OF ACCOUNTS RECEIVABLE AGING
 
 
 
 
 
 
 
 
 
Number of Days Past Due
 
Accounts Receivable
Current
1 - 30
31 - 60
61-90
Total
 
Gross Receivables [1]
$
481,171,353

$
66,957,929

$
29,161,928

$
91,462,787

$
668,753,997

 
Less: Allowances and Reserves
 
 
 
 
(89,342,968
)
 
Net Receivable Balance
$
481,171,353

$
66,957,929

$
29,161,928

$
91,462,787

$
579,411,030

 
 
 
 
 
 
 
 
Notes:
 
 
 
 
 
 
[1] Gross Receivables include consumer and enterprise trade receivables, credit amounts from carriers, regulatory funding, unbilled revenues and unapplied funds.
 
 
 
 
 
 
 
 
 
 
 
 
 
 


FORM MOR-5
14 of 17



UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
 
 
 
 
 
 
 
In re
 
WINDSTREAM HOLDINGS, INC. et al.,
 
 
Case No.

19-22312 (RDD)
 
 
Debtors
 
 
 
 
 
 
 
 
 
Reporting Period:

5/1/19 - 5/31/19
 
 
 
 
 
 
 
 
 
 
 
 
Federal Tax I.D. #

46-2847717
 
 
 
 
 
 
 
 
 
PAYMENTS TO INSIDERS [1]
 
 
 
 
 
 
 
 
 
 
Insider of the Debtors
Type of Payment
Amount Paid
Total Paid to Date
 
 
 
Thomas, Tony
Regular Wages,
Reimbursable Expenses
$
116,936

$
247,748

 
 
 
Gunderman, Robert E
Regular Wages,
Reimbursable Expenses
57,694

134,639

 
 
 
Moody, Kristi
Regular Wages,
Reimbursable Expenses
43,312

101,004

 
 
 
Small, Jeffery
Regular Wages,
Reimbursable Expenses
47,300

108,838

 
 
 
Levine, Layne
Regular Wages,
Reimbursable Expenses
51,923

121,230

 
 
 
Board Members
BOD Fees, Reimbursable Expenses
1,178,736

1,184,565

 
 
 
Total Payments To Insiders
 
$
1,495,901

$
1,898,025

 
 
 
 
 
 
 
 
 
 
Notes:
 
 
 
 
 
 
[1] For the purposes of this Monthly Operating Report, the Debtors have defined “insiders” as Tony Thomas (President and Chief Executive Officer), Robert E. Gunderman (Chief Financial Officer and Treasurer), Kristi Moody (Executive Vice President, General Counsel & Corporate Secretary), Jeffery Small (President of Kinetic), and Layne Levine (President of Enterprise & Wholesale), as well as members of the Debtors' boards of directors and boards of managers, as applicable. The parties identified as “insiders” have been included for informational purposes only. The inclusion of a party as an “insider” herein is not an acknowledgement or concession that such party is an insider under any applicable law. The payments to insiders disclosed herein only reflect payments made: i) during the current reporting period (i.e., May 1, 2019, through and including May 31, 2019), as Amount Paid During Month, and ii) from the petition date (i.e., February 25, 2019, through and including May 31, 2019), as Total Paid to Date, including payments made on account of prepetition obligations pursuant to the relief granted under the First Day Motions.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
PAYMENTS TO RETAINED PROFESSIONALS [2]
 
 
 
 
 
 
 
 
 
 
 
Retained Professional
Amount Paid During Month
Total Paid To Date
 
 
 
 
Kirkland & Ellis, LLP
$
—

$
—

 
 
 
 
PJT Partners LP
—

5,000,000

 
 
 
 
Alvarez & Marsal North America, LLC
1,922,245

1,922,245

 
 
 
 
PricewaterhouseCoopers LLP
—

—

 
 
 
 
Kurtzman Carson Consultants LLC [3]
2,128,983

6,441,312

 
 
 
 
Katten Muchin Rosenman LLP
—

—

 
 
 
 
Morrison & Foerster LLP
—

—

 
 
 
 
Perella Weinberg Partners LP
—

—

 
 
 
 
AlixPartners, LLP
—

—

 
 
 
 
Total Payments To Retained Professionals
$
4,051,229

$
13,363,558

 
 
 
 
 
 
 
 
 
 
 
Notes:
 
 
 
 
 
 
[2] Schedule reflects retained professionals and payments made under filed retention applications.
 
 
[3] Payments to Kurtzman Carson Consultants LLC (“KCC”), as disclosed herein, include (a) amounts paid to KCC pursuant to the Order Authorizing Retention and Appointment of Kurtzman Carson Consultants LLC as Claims and Noticing Agent [Docket No. 59] (the “156(c) Order”), (b) amounts paid to KCC pursuant to the Order Authorizing the Debtors to Employ and Retain Kurtzman Carson Consultants LLC as Administrative Advisor Effective Nunc Pro Tunc to the Petition Date [Docket No. 371] (the “327(a) Order”, and collectively with the 156(c) Order, the “KCC Retention Orders”), and (c) expenses incurred by and reimbursed to KCC pursuant to their employment and retention under the KCC Retention Orders.
 
 
 
 
 
 
 
 

FORM MOR-6
15 of 17



UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
 
 
 
 
 
 
 
In re
 
WINDSTREAM HOLDINGS, INC. et al.,
 
 
Case No.

19-22312 (RDD)
 
 
Debtors
 
 
 
 
 
 
 
 
 
Reporting Period:

5/1/19 - 5/31/19
 
 
 
 
 
 
 
 
 
 
 
 
Federal Tax I.D. #

46-2847717
 
 
 
 
 
 
 
 
 
DIP FINANCING (TERM LOAN & REVOLVER) - PERIOD TO DATE
 
 
 
 
 
 
 
 
 
Facility
Beginning Balance
Draw [1]
Paydowns
Ending Balance
 
 
DIP Revolver Financing
$
—

$
—

$
—

$
—

 
 
DIP Term Loan Financing
$
500,000,000

$
—

$
—

$
500,000,000

 
 
 
 
 
 
 
 
 
Notes:
 
 
 
 
 
 
[1] Draw reflects gross amount of proceeds.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 


FORM MOR-6
16 of 17



UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
 
 
 
 
 
 
 
In re
 
WINDSTREAM HOLDINGS, INC. et al.,
Case No.
19-22312 (RDD)
 
 
 
Debtors
 
 
 
 
 
 
 
 
Reporting Period:
5/1/19 - 5/31/19
 
 
 
 
 
 
 
 
 
 
 
 
Federal Tax I.D. #
46-2847717
 
 
 
 
 
 
 
 
 
 
DEBTOR QUESTIONNAIRE
 
 
 
 
 
 
 
 
 
 
Must be completed each month. If the answer to any of the questions is “Yes”, provide a detailed explanation of each item. Attach additional sheets if necessary.
Yes
No
 
 
 
Have any assets been sold or transferred outside the normal course of business this reporting period?
 
X
 
 
 
Have any funds been disbursed from any account other than a debtor in possession account this reporting period?
 
X
 
 
 
Is the Debtor delinquent in the timely filing of any post-petition tax returns?
 
X
 
 
 
Are workers compensation, general liability or other necessary insurance coverages expired or cancelled, or has the debtor received notice of expiration or cancellation of such policies?
 
X
 
 
 
Is the Debtor delinquent in paying any insurance premium payment?
 
X
 
 
 
Have any payments been made on pre-petition liabilities this reporting period?
X[1]
 
 
 
 
Are any post petition receivables (accounts, notes or loans) due from related parties?
 
X
 
 
 
Are any post petition payroll taxes past due?
 
X
 
 
 
Are any post petition State or Federal income taxes past due?
 
X
 
 
 
Are any post petition real estate taxes past due?
 
X
 
 
 
Are any other post petition taxes past due?
 
X
 
 
 
Have any pre-petition taxes been paid during this reporting period?
X
 
 
 
 
Are any amounts owed to post petition creditors delinquent?
 
X
 
 
 
Are any wage payments past due?
 
X
 
 
 
Have any post petition loans been received by the Debtor from any party?
 
X
 
 
 
Is the Debtor delinquent in paying any U.S. Trustee fees?
 
X
 
 
 
Is the Debtor delinquent with any court ordered payments to attorneys or other professionals?
 
X
 
 
 
Have the owners or shareholders received any compensation outside of the normal course of business?
 
X
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Notes:
 
 
 
 
 
 
 
 
 
 
 
 
 
[1] Pursuant to the relief requested under "First Day Motions" and their respective interim orders, certain payments have been made on prepetition obligations as outlined in various motions (e.g. wage, customer programs, taxes, critical vendors, lien claimants and 503(b)(9) claimants).
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 


FORM MOR-7
17 of 17