LOCAL FORM 19 Name of Attorneys Attorneys' Address Attorneys' Telephone and Fax Numbers Attorneys for Debtor/Plan Proponent By: Name of Responsible Individual Attorney(s) (Attorney Code) UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF NEW JERSEY 1 VICINAGE IN THE MATTER OF: CHAPTER 11 DEBTOR. CASE NO. 2 PLAN OF __________3 Debtor/Plan Proponent respectfully submits its Plan of Reorganization pursuant to Chapter 11, Title 11 of the United States Code, in the form annexed hereto and made a part hereof. NAME OF DEBTOR/PLAN PROPONENT BY: DATED: Local Form 19. New January 2001. American LegalNet, Inc. www.FormsWorkFlow.com TABLE OF CONTENTS Page I. II. INTRODUCTION . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 CLASSIFICATION AND TREATMENT OF CLAIMS AND INTERESTS . . . . . . . . . . 1 A. General Overview . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 B. Definitions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 C. Unclassified Claims . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 1. Administrative Expenses and Fees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 2. Priority Tax Claims . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 D. Classified Claims and Interests . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 1. Classes of Secured Claims . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 2. Priority Non-Tax Claims . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 3. Class of General Unsecured Claims . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 4. Class(es) of Equity Interest Holders . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 E. Acceptance or Rejection of Plan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 F. Means of Effectuating the Plan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 1. Funding for the Plan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 2. Post-Confirmation Management . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 3. Disbursing Agent . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 TREATMENT OF MISCELLANEOUS ITEMS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 A. Executory Contracts and Unexpired Leases . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 1. Assumptions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 2. Rejections . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 B. Changes in Rates Subject to Regulatory Commission Approval . . . . . . . . . . . . . 12 C. Retention of Jurisdiction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 D. Procedures for Resolving Contested Claims . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 E. Notices under the Plan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 EFFECT OF CONFIRMATION OF PLAN . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 A. Discharge . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 B. Revesting of Property in the Debtor . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 C. Modification of Plan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 D. Post-Confirmation Conversion/Dismissal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 E. Post-Confirmation Quarterly Fees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 III. IV. Local Form 19. New January 2001. i American LegalNet, Inc. www.FormsWorkFlow.com I. INTRODUCTION 4 ("Debtor") is the debtor in a Chapter 11 bankruptcy case. On 7 5 , 6 commenced a bankruptcy case by filing Chapter 11 petition under the United States Bankruptcy Code ("Bankruptcy Code "), 11 U.S.C. § 101 et seq. This document is the Chapter 11 plan ("Plan") proposed by 8 ("Proponent"). Sent to you in the same envelope as this document is the Disclosure Statement which has been approved by the United States Bankruptcy Court for the District of New Jersey (the "Court"), and which is provided to help you understand the Plan. This is a the Plan by 10 9 plan. In other words, the Proponent seeks to accomplish payments under 11 . The Effective Date of the proposed Plan is II. . CLASSIFICATION AND TREATMENT OF CLAIMS AND INTERESTS A. General Overview As required by the Bankruptcy Code, the Plan classifies claims and interests in various classes according to their right to priority of payments as provided in the Bankruptcy Code. The Plan states whether each class of claims or interests is impaired or unimpaired. The Plan provides the treatment each class will receive under the Plan. B. Definitions Scope of Definitions. For purposes of this Plan, except as expressly otherwise provided or unless the context otherwise requires, all capitalized terms not otherwise defined shall have the meanings assigned to them in this Section of the Plan. In all references herein to any parties, 1 Local Form 19. New January 2001. American LegalNet, Inc. www.FormsWorkFlow.com persons, entities, or corporations, the use of any particular gender or the plural or singular number is intended to include the appropriate gender or number as the text may require. 1. Administrative Expense shall mean any cost or expense of administration of the Chapter 11 case allowable under Section 507(a) of the Bankruptcy Code, including, without limitation, any actual and necessary expenses of preserving the estate of the Debtor, any actual and necessary expense of operating the business of the Debtor, any indebtedness or obligation incurred or assumed by the Debtor in connection with the conduct of its business or for the acquisition or lease of property or the rendition of services to the Debtor, all allowances of compensation and reimbursement of expenses, any fees or charges assessed against the estate of any Debtor under Chapter 123, Title 28, of the United Sta