Opinion
Case No. BK-N-03-52300-BK-N-03-52304 and BK-N-03-52470-BK-N-03-52474, (Joint Administration).
February 19, 2004
JUDY B. CALTON, ESQ., HONIGMAN MILLER SCHWARTZ AND COHN LLP, Detroit, MI, Attorneys for Trustee.
JOAN C. WRIGHT, ESQ., JAMES R. CAVILIA, ESQ., ALLISON, MacKENZIE, RUSSELL, PAVLAKIS, WRIGHT FAGAN, LTD., Carson City, NV, Attorneys for Trustee.
ORDER AUTHORIZING FIFTH MOTION FOR REJECTION OF CONTRACTS
C. ALAN BENTLEY, Chapter 11 Trustee (the "Trustee") of the captioned Debtors, by and through his counsel, having moved the Court for entry of an Order Authorizing Fifth Motion for Rejection of Contracts (the "Motion"); the Trustee having withdrawn his request for rejection of the Third Party Collection Agreement with Pinnacle Recovery (the "Pinnacle Agreement") and the Cisco Equipment Lease with Great American Leasing (the "Great American Lease"); and the rejection of the Brigantine Master Lease Agreement for the Ocean Front Restaurant (the "Restaurant Lease") being the subject of a dispute between the lessee and Celebrity Resorts, Ltd., no objections to the Motion having been filed by February 18, 2004 except with respect to the Restaurant Lease; all capitalized terms not otherwise defined herein having the meaning ascribed in the Motion; the Court having considered the Motion and all pleadings submitted by parties in connection therewith; the relief requested in the Motion is in the best interest of the estate and the Court being otherwise duly advised in the premises:
IT IS HEREBY ORDERED THAT the Motion, as modified to not reject the Pinnacle Agreement, Great American Lease and Restaurant Lease, is granted. The contracts identified on the attached Exhibit A, with the exception of the Pinnacle Agreement, Great American Lease and the Restaurant Lease (collectively the "Contracts") are rejected and Debtors shall have no further payment or other obligation of any kind or nature with respect to the Contracts. This Order is not intended to have any impact or otherwise affect the nondebtor parties' prepetition or rejection damages.
Any vendors of property or equipment (collectively the "Property") that is the subject of the rejected Contracts must contact the Trustee, in care of Matthew Beresh at (702) 458-4213, within ten (10) days of service of this Order to make arrangements for return of the Property at the Vendors' sole cost. Otherwise, the property will be deemed abandoned.
Exhibit A
100 So. 333
Basic Contract Information Company Information Information Regarding Business that is Party to the Contract Contract Contract Company Name Name/Title Classification Location on Contract Primary Notice Secondary Notice Commercial Lease Agreement Corporate and 108 S. Main St, Davidson, NC Leisure Industries Lynn and Gene Keener Sales Offices P.O. Box 1282 Davidson, NC 28036 Gaming Device Space Lease — Resort Las Vegas — Winnick Ave. Ett Leisure Homes ETT Inc. ETT Inc. Winnick Gaming Devise Lease 5195 Las Vegas Blvd South 5195 Las Vegas Blvd South Attn: Edward Herbst Attn: Sean Higgins Las Vegas, NV 89119 Las Vegas, NV 89119 Tango Bay Activities Lease Resort Orlando — Tango Bay Activities Leisure Homes Lease Villas At Monterey 180 N. Michigan Ave, Suite 200 c/o M J Wilkow, Ltd. Chicago, IL 60601 Lease Amendment For Resort 100 Winnick Leisure Homes Web Service Company, Inc. Laundry Facilites West St. Louis Ave Winnick Las Vegas, NV 89102 Lease For Laundry Facilites, Resort 140 Court St., Reno Leisure Homes Web Service Company, Inc. 140 Court St., Reno 3690 Freeman Boulevard Redondo Beach, CA 90278 Lease For Laundry Facilites, Resort 431 Nohonani St., HI Leisure Homes Web Service Company, Inc. 431 Nohonani St., HI 3690 Freeman Boulevard Redondo Beach, CA 90278 Lease For Laundry Facilites, Resort 123 and 153 Winnick Leisure Homes Web Service Company, Inc. 123 and 153 Winnick, LV 3690 Freeman Boulevard Redondo Beach, CA 90278 Preferred Customer Childcare Agreement Leisure Industries ARAMARK Work/Life Agreement Partnerships 573 Park Point Drive Golden, CO 80401 Sales Tour Generation Sales Tour Generation Leisure Homes Marc W. Saxe, Resort Agreement Agreement Opportunities P.O. Box 563 Palm Desert, CA 92261 Mount Potosi Site Lease Leisure Homes Microwave, Inc. Communications Building 1500 Foremaster Lane Site Lease Attn: Pete Landes Las Vegas, NV 89101 VAResources — 003 Laser Jet Leisure Industries VAResources VAResources Printers, Battery, Screen 604 Locust Street Customer Services 13th Floor P.O. Box 10336 Des Moines, IA 50309 Des Moines, IA 50306 Maintenance Agreement Maintenance Agreement Leisure Industries International Business Machines P.O. Box 61000 Dept. 1896 San Francisco, CA 94161 GE Capital Equipment-Predictive Dialer This contract was Leisure Homes GE Capital GE Capital originally with Old Kent P.O. Box 31001-0497 P.O. Box 3083 Leasing, then Pasadena, CA 91110-0497 Cedar Rapids, IA 52406-3083 transferred to Heller, bought out by GE. Old Kent Leasing was noticed on a previous rejection. Gill Printing and Business, Standard forms pre-printing Leisure Industries Gill's Printing and Business, Inc. and storage Inc. 6800 Paradise Road Las Vegas, NV 89119 Services Agreement Landscaping Agreement For Leisure Resorts Rubio Landscaping Las Vegas Resorts 1504 Sattes St. Las Vegas, NV 89101 Hydraulic Elevator Elevator Maintenance Leisure Homes Schindler Elevator Maintenance Agreement Agreement For 171 Winick Corporation Apts. 4490 Delancey Dr. Unit #10 Las Vegas, NV 89103 Alarm Monitoring Agreement Monitoring Agreement For Leisure Homes Alarmco, Inc. 171 Winnick Ave. 2007 Las Vegas Blvd S. Las Vegas, NV 89104 Installation Contract and Complete 3 Fire Alarm Leisure Homes Ace Fire Systems, Inc. Monthly Alarm System System Deficiencies — 1062 S. Main Monitoring Plaza/Winnick Property Las Vegas, NV 89101 Elevator Maintenance Reno Elevator Maintenance Leisure Homes Thyssen Dover Elevator Agreement Agreement 527 Washington St. Reno, NV 89503 Merchant Card Service Merchant Card Service Leisure Industries Bank of America Merchant Agreement Agreement Services CA5-702-05-11 P.O. Box 37000 San Francisco, CA 94137 ATM Placement Agreement Install Maintain A Triton Leisure Homes TGL, Inc. ATM Machine Xtra Cash 8787 Complex Dr. San Diego, CA 92123 Pay Phone Lease/Service Lease/Service Contract at Leisure Homes Sheffield Systems, Inc. Contract 100 Winnick Ave. c/o Spina, McGuire Okal, P.C. 7610 W. North Avenue Elmwood Park, IL 60635 Timelox Extended Warranty Extended Warranty Leisure Homes Timelox, Inc. 127 Route 206 Suite 16A Hamilton, N.J. 08610 Confidentiality Agreement Request Of Information On Leisure Development The Owners Club, Inc. The Owners Club 3030 LBJ Freeway #700 Dallas, TX 75234 ADP e Time Agreement Payroll Services Agreement Leisure Industries Automatic Data Processing Automatic Data Processing 1900 E. Flamingo Rd. One ADP Boulevard Attn: Randy Harrell Roseland, N.J. 07068 Las Vegas, NV 89119 Master Lease Agreement for Master Lease Agreement Leisure Homes Textron Financial Corporation Folder Sealer 4949 SW Meadows Rd Suite 650 Lake Oswego, OR 97035 Contract # 96497 Canon Copier Lease Model=IR 330-S Leisure Homes IOS Capital IOS Capital P.O. Box 650073 P.O. Box 9115 Dallas, TX 75265-0073 Macon, GA 31208-9115 Contract # 100011 Canon Copier Lease Model=400, Serial # = Leisure Homes IOS Capital IOS Capital NQG22304 P.O. Box 650073 P.O. Box 9115 Dallas, TX 75265-0073 Macon, GA 31208-9115 Contract # 184288 Sharp Copier Lease Model=SF-2040, Leisure Homes IOS Capital IOS Capital Serial # = 76202059 P.O. Box 650073 P.O. Box 9115 Dallas, TX 75265-0073 Macon, GA 31208-9115 AT+T Wireless Service Wireless Phone Contract Leisure Homes AWS National Accounts Attention: CPNI P.O. Box 97061 Redmond, WA 98073-9761 Nextel Wireless Phone Contract Leisure Industries Nextel Communications Corporation P.O. Box 54977 Los Angeles, CA 90054-0977 Timeshare Ware Software Agreement Leisure Homes PC Consulting Inc 280 North Kays Drive Kaysville, UT 84037 Shift 4 Software Agreement Leisure Homes PC Consulting Inc 280 North Kays Drive Kaysville, UT 84037 XO Communications Concord Link Leisure Homes XO Communications 2240 Corporate Circle Henderson, NV 89014 XO Communications Long Distance Phone Leisure Homes XO Communications 2240 Corporate Circle Henderson, NV 89014 Stock Listing Agreement Stock Listing Agreement Leisure Industries American Stock Transfer and Trust Company 59 Maiden Lane New York, N.Y. 10038 Concord Servicing Servicing Agreement Leisure Homes Concord Servicing Corp Capital Source Finance Agreement-Capital Source Corporation 6560 Scottsdale Road LLC Finance LLC Suite G100 4445 Willard Ave Scottsdale, AZ 85253 11th Floor Chevy Chase, MD 20815 Concord Servicing Servicing Agreement Leisure Homes Concord Servicing Corp Heller Financial, Inc. Agreement-Heller Corporation 6560 Scottsdale Road 500 West Monroe St. Financial, Inc. Suite G100 30th Floor Scottsdale, AZ 85253 Chicago, IL 60661 Concord Servicing Servicing Agreement Leisure Homes Concord Servicing Corp Textron Corporation Agreement — Textron Corporation and 6560 Scottsdale Road 40 Westminster St. Corporation Brigantine Preferred Suite G100 Providence, RI 2903 Properties and Scottsdale, AZ 85253 Steamboat Suites, Inc. Wells Fargo Custodial Custodial Agreement Leisure Homes Wells Fargo Bank Minnesota Textron Corporation Agreement — Textron Corporation and MAC N9311-161 40 Westminster St. Corporation Brigantine Preferred Sixth and Marquette Providence, RI 2903 Properties and Minneapolis, MN 55479 Steamboat Suites, Inc. Third Party Collection Third Party Collection Leisure Industries EMCC Inc. Agreements — EMCC Inc. Agreements 11440 W. Bernardo Ct. Suite 300 San Diego, CA 92127 Foreclosure Agreement — Foreclosure Agreement Leisure Homes Corp Grand Flamingo Winnick Grand Flamingo Winnick Owners Assoc Owners Assoc 154 Winnick Avenue Las Vegas, NV 89109 Foreclosure Agreement — Foreclosure Agreement Leisure Homes Corp Grand Flamingo Villas Owners Grand Flamingo Villas Assoc Owners Assoc 3941-4033 Audrie Avenue Las Vegas, NV 89109 Foreclosure Agreement — Foreclosure Agreement Leisure Homes Corp Reno Spa Resort Owners Reno Spa Resort Owners 140 Court Street Leo Nunn, President Reno, NV 89501 Foreclosure Agreement — Foreclosure Agreement Leisure Homes Corp Hilltop Resort Owners Assoc Hilltop Resort Owners 1000 High Point Drive Assoc Steamboat Springs, CO 80477 Foreclosure Agreement — Foreclosure Agreement Leisure Homes Corp Grand Flamingo Fountain Grand Flamingo Fountain Owners Owners 141-147 Ida Avenue Las Vegas, NV 89109 Foreclosure Agreement — Foreclosure Agreement Leisure Homes Corp Grand Flamingo Plaza Owners Grand Flamingo Plaza 171 Winnick Ave Owners 184-196 Winnick Avenue Las Vegas, NV 89109 Foreclosure Agreement — Foreclosure Agreement Leisure Homes Corp Grand Flaminigo Suites Grand Flaminigo Suites 123-153 Winnick Ave 3972/2984 Audrie Ave Las Vegas, NV 89109 Foreclosure Agreement — Foreclosure Agreement Leisure Homes Corp Grand Flamingo Towers Grand Flamingo Towers 100 Winnick Ave Las Vegas, NV 89109 Foreclosure Agreement — Foreclosure Agreement Leisure Homes Corp Grand Flamingo Terraces IV Grand Flamingo Terrances IV 142-148 Ida Avenue Las Vegas, NV 89109 Foreclosure Agreement — Foreclosure Agreement Leisure Homes Corp Grand Flamingo Terraces Grand Flamingo Terraces 142-148 Ida Avenue Las Vegas, NV 89109 Medical for Execs Medical Benefits Agreement Leisure Industries Principal Financial Group Outlying Resorts. Dental 711 High Street Vision Plan for all Des Moines, IA 50392 Employees Medical Benefits for Las Medical Benefits Agreement Leisure Industries Sierra Health Plan of Nevada Vegas Employees P.O. Box 15645 Las Vegas, NV 89114 401K Benefits for Medical Benefits Agreement Leisure Homes Principal Financial Group Employees 711 High Street Des Moines, IA 50392 Employee contribution for Medical Benefits Agreement Leisure Industries Hartford Life Insurance Co. Additional Life Insurance, P.O. Box 2999 Long Term Disability, ADD Hartford, CT 06104 Insurance Employee Contributions for Medical Benefits Agreement Leisure Industries Colonial Supplemental Short Term Disability, Insurance Cancer Specific Disease P.O. Box 1365 Policy, ADD Columbia, SC 29202