Disclosure Statement

Disclosure statements shall, to the extent applicable, be complete in one document including any attached exhibits and shall include the following information: 17 Back to TOC (1) A short chronological history of the debtor's business and the material factors that led to the filing of a bankruptcy petition; (2) A description of the available assets, their value at the time the case was filed, their value at the time of filing the plan, and the source of the valuations; (3) The anticipated future of the business; (4) The source of all information stated in the disclosure statement; (5) A disclaimer to the effect that the Court's approval of the disclosure statement does not constitute an endorsement of any of the representations contained in either the disclosure statement or the plan; (6) The present condition of the debtor while in Chapter 11, including a summary of material changes to the assets and liabilities during the case; (7) The estimated return to creditors in a Chapter 7 liquidation; (8) The accounting method used to produce financial information and the name of the accountants (if any) responsible for such information; (9) The proposed future management of the debtor; (10) The Chapter 11 plan or a summary thereof; (11) The estimated administrative expenses, including attorney and accountant fees, and a summary of all fees allowed in the case through the date the plan was filed; (12) The collectible status of accounts receivable; (13) Financial information, data, valuations, and projections relevant to the debtor's current and future operations; (14) Information relevant to the risks posed to creditors in the plan; (15) The actual or projected realizable value from recovery of preferential or otherwise voidable transfers; (16) Litigation likely to arise in a non-bankruptcy context; (17) Tax attributes of the debtor; (18) The relationship of the debtor with affiliates; (19) A summary of significant orders entered during the case. 18 Back to TOC