Scribd Logo
Upload

Welcome to Scribd!

  • 35 views

    VT ¡Cfõ: Requidí) Ocus

    Uploaded by

    Chapter 11 Dockets
    The San Pedro Bay Pipeline Company filed its monthly operating report for April 2009 with the United States Bankruptcy Court. It did not maintain any cash accounts or pay any professional fees during the reporting period. While it reported $45,079 in net profits for the month, the company has accumulated losses of $5.98 million since filing for bankruptcy protection under Chapter 11.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd

    VT ¡Cfõ: Requidí) Ocus

    Uploaded by

    Chapter 11 Dockets
    35 views9 pages
    The San Pedro Bay Pipeline Company filed its monthly operating report for April 2009 with the United States Bankruptcy Court. It did not maintain any cash accounts or pay any professional fees during the reporting period. While it reported $45,079 in net profits for the month, the company has accumulated losses of $5.98 million since filing for bankruptcy protection under Chapter 11.

    Original Title

    10000015185

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    The San Pedro Bay Pipeline Company filed its monthly operating report for April 2009 with the United States Bankruptcy Court. It did not maintain any cash accounts or pay any professional fees during the reporting period. While it reported $45,079 in net profits for the month, the company has accumulated losses of $5.98 million since filing for bankruptcy protection under Chapter 11.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    35 views9 pages

    VT ¡Cfõ: Requidí) Ocus

    Uploaded by

    Chapter 11 Dockets
    The San Pedro Bay Pipeline Company filed its monthly operating report for April 2009 with the United States Bankruptcy Court. It did not maintain any cash accounts or pay any professional fees during the reporting period. While it reported $45,079 in net profits for the month, the company has accumulated losses of $5.98 million since filing for bankruptcy protection under Chapter 11.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 9

    UNITED STATES BANKRUPTCY COURT DISTRICT OF DELAWARE

    In re: San Pedro Bav Pipeline Company Debtor

    Case No. 09-10790


    Reportng Period: April 2009

    MONTHLY OPERATING REPORT

    REQUID)OCUS
    Schedule of Cash Receiots and Disbursements Bank Reconcilation (or cooies of debtor's bank reconcilations) Schedule of Professional Fees Paid Copies of bank statements
    Cash disbursements jourals

    DCnt
    Form No. MOR-I

    Explanation AfdavitliiPplement

    MOR-Ia
    MOR-l b

    Attched ./ ./ ./
    '" '"

    AttChed AttaChed
    N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A

    ;,l. ..'.
    MOR-2 MOR-3 MOR-4
    . ,'.......

    "','.

    N/A N/A

    Statement of Operations
    Balance Sheet

    Status of Postpetition Taxes Copies of IRS Form 6123 or payment receiPt


    Copies of tax returs fied during reporting period

    ".

    ./ ./ ./
    ,"" '..(

    N/A N/A

    Summary of Unpaid Postpetition Debts Listing of aged accounts payable


    Accounts Receivable Reconciliation and AJ!inJ!

    Debtor Questionnaire

    MOR-4 MOR-4 MOR-S MOR-S

    ./

    ./ ./ ./

    N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A

    1 declare under penalty of perjur (28 U.S.C. Section (746) that this report and the attached documents are true and correct to the best of my knowledge and belief.

    Signature of Debtor

    Dnte

    Date

    D,,, /01

    :vt cf

    Title of Authorized Individual

    AuUiorzed individual must be an offcer, director or sharholder if debtor is a corpomtiou; u parer if debtor is a parership; a manager or member if debtor is a limited liabilty company.

    MOR (1H107)

    In re: San Pedro Buy Pineline Comriinv Debtor

    Case No. Jl
    Reportng Period: Anri) 2009

    SCHEDULE OF CASH RECEIPS AND DISBURSEMENTS


    OPER,PAYROLL TAX OTHER
    CASH BEGlNGOF,MONn

    II

    BAN;4CtJs' ,

    CURRENTMOf.Tif .'

    CUMULATI Fn.ING T DATE

    AciAL PROJSn,

    CTAL PROJCT

    RECEIP
    I I I II I

    The San Pedro Buy PIpeline Company does not maintain any cash accounls.

    TOTAL RECEIPTS

    DlStJ
    Imnc_,,,,,

    II

    ',.."

    ii i i II
    i i I i II
    II ,"':.\. ' II

    THE FOLLOWING SECTION MUST BE COMPLETED


    DISBURSEMI FOR CACU'G U.s. TnUSTE,OUAR'IY FE,

    ROMCUIMONTIActAI. COLUMM
    50.00 50.00

    TOTAL DISBURSEMENTS
    LESS: TRANSFERS TO DEBTOR IN POSSESSION ACCOU!\'TS

    PLUS: ESATE D1SBURSEME!\'TS MADE BY OUTSIDE SOURCES Ii,.. frmcsclUw ""count')

    50.0
    50,00

    TOTAL PISBURSEMENTS FOR CALCULATING U.s. TRUSTE QUARTERLY FEES

    FORM MOR.I

    (G.J7

    In re: San Pedro Bav Pipeline Company Debior

    Case No. 09- J 0790

    Reponing Period: Anril 2009

    BANK RECONCn.IA TIONS


    Contiuation Sheet for MOR-l

    opetig
    IBALNCE PER nOOKS
    1#
    I

    Pari
    1#
    I

    Tax
    1#
    I

    Other
    1#
    I

    BANK BALNCE
    (+) DEPOSIT IN TRNSIT (ATTACH L1sn

    (-) OUTANDlNG CHECKS (ATTACH Usn AOJUSTD BANK BALACE .


    . Adjusted bak balance must equal
    balance pe books

    The San Pedro Bay Pipeline Company does not maintaIn any cash accounts.

    FORM MOR.IQ (O'107)

    In re: San Pedro Bay Pipeline Company Debtor

    Case No. 09-10790 Reporting Period: April 2009


    SCHEDULE OF PROFESSIONAL FEES AND EXPENSES PAID

    ,'. ,

    .i "/i'..
    AoroVi: d

    AmlJrit .".

    .,.;'!
    i,":/iiayor.

    '..,!
    ,.

    . A!niriUPaid. . '.'

    ,,~

    PerioCieoverd
    Exonsese

    Chk Number') '.Dl'

    Fs,.1

    !ie

    '(r"'o"Dale ., Fees .,',/ ,'\Exoenses

    No profesional fees were paid post-petiion.

    FORM MOR-lb (04/07)

    In re: San Pedro Bay Pipeline Company Debtor

    Case No. 09- 10790

    Reporting Period: April 2009

    STATEMENT OF OPERATIONS
    (Income Statement)

    Cumulative

    Month
    $

    Fil to Date

    "

    ReDairs and maintenance

    Salariescommissions/fees Transoortauon exoense Uulities

    Insurnce
    Emolovee benefit orogra Taxes - oroducuon
    Inventorv chanl!e

    13.708 6S.560 2.482 6.623 6.122 699


    -

    24.354 92.154 2.592


    14.203 12.244 1.316
    -

    Rent and lease exoense Travel and entertainment


    SuoDlies

    21.975
    202
    -

    48.464
    -

    202
    -

    Advertising Auto and truck


    Bad debt

    Contrbutions
    Insider compensauon
    ManaJ!ement feeslonuses

    Offce expenses

    PensiDn& profit sharnJ! plans Tuxes - oayroll Tuxes - real estate Taxes - other General and administrntive
    Depreciation. depletion nnd amortzation

    3,7S0 6.589 30,372


    '" ......

    Net Profit (Loss) Before Oiler Income & Expenses


    l , . OTHER INCOME AN (EENSES)

    (1 S8,083)
    . '. .'

    7,906 12.647 60.064 (276.144)


    -

    Accretion of discounts and amortzation of deferred financing costs Interest exoense- non-cash - paid in kind Stock comnensntion exoense Interest and dividends Realized iiainl(loss) on derivauves Interest expense- cash
    Oiler revenue

    203,162
    "..'.... .

    General exnloration expense


    Loss from nonconsolidnied subsidiar

    409.481 , "

    Irnoairment exoense Net Profit (Loss) Before Reorganition Items

    "',

    4S,079
    "....
    ,.
    ,.

    133.336
    ,

    s
    Note: The income statements above renect ile Company's nctivity for the entire month of March.

    45,079 $

    133,336

    FORM MOR.2

    (0-107)

    In rc: S:in Pedro Bav Pine

    line Cnmnnnv

    Debtor

    Case No. 09-1079n Reportng Period: Annl 2009

    BALANCE SHEET

    232.277

    232,277

    4.134

    28.438

    5.289,672 (674.861) 4.647,383

    4,879,661

    .....~PT.i~O~R~Qpr . tLi'lITi.NOTSEcr,''COMPROl'SE',iii""itiii)
    Accounts Pavable and Accrued Uabilities
    Taxes Puvable
    Wages Pavnble

    .., ',~ "~. ,;.: :;";:', ": ;';". ,.,., ' ' ". :'; .'-'" ...:: ,.- ..:'.' :'.:.'. ':';;". .'. '-' :. '," ,':'. ,.'.-. .;.... . ,;'." '-";'-'" ........",...':.,....,_........,....._...... '. '....,.. J . -',,' _,;',,:,':;:,":' :" ":;;;" j,::f.,:, "::,:';,,,,;; ~,~,_,/:,'"._~ \-';: c, ",,:.,,:, ': d ,j. "',

    nOOKVALATOF

    criRi.mNT REonlNG MONT


    S

    Notes Pavable . Debtor-in-nossession financine

    .
    -

    Rent I Leases - Bui1di~ment


    Secured Debt I Adeouate Protection Payments Profession:i Fees lntereoinnanv Pavables Asset Retirement Oblieations Accrued Interest Oiher Uabilties

    49.804
    (Pe.Petitin)

    TOTAL POSETITION LIABIUTlES


    LIAIL,SUBJEClTO COMPROMISE

    .,

    49.804

    Secured Debt Priority Debt


    Unsecured Debt

    Intercomnanv Pavables TOTAL PRE-PETITJON UABIUTIES


    ~".~ ,.i

    2.64,978
    S

    2.364.978

    ITarAL UABIUTIES

    D.WN'EOUlP.
    Sh Capita
    Contrbuted Surnlus

    .'.,

    ,.-'

    Is
    S

    2,14.782
    1.000

    Warts
    Addition:i Paid In CunituJ
    AccumuJaled Oiher C~rehensi\'e Loss

    8.3 14.252

    Panners' Capiia Account Owner's &Iuitv Account

    Reiuned E:n"' . Pr-Petition


    Retained Eain", - Post~tjtion
    Adiustment to ownerEnuil-"-(311ach schedule) Postneition Contrbutions (Distrbuuons (Druws) (uiiach schedule) NET SHAREHOLDERS' EQUIY

    (5,983.709)
    i 33,336

    -.'

    -, S
    S

    2,464,879
    4,879,661

    TOTAL LlABILTIE,AN OWN'EQUI

    ItRM MOR.)

    lo.11

    In re: Snn Pedro Bav Pipeline Compnnv Debtor

    Case No. 09- i 0790

    Reporting Period: April 2009

    BALANCE SHEET - continuation sheet


    BQOKVALUEAT EN OF

    cU'RORnNGMONT
    Intercompany Receivable Derivative Assets Advances Other Receivables Total Other Current Assets
    $

    r-ORM MOR-3 CONT'D

    (iJ107)

    In re: San Pedro Bay Pipeline Company Debtor

    Cnse No. 09-10790


    Reportng Period: April 200~

    STA TUS OF POSTPETITION TAXES


    Check No.
    or

    Ending Tax

    EFT

    Liabilty

    Not Applicable

    "

    Withholding Sales Excise UnemDlovment

    'v
    ~
    i I I I

    Not Applicable

    Real Prooert Personal Propert


    Total Stale and Local

    T
    I

    I I

    I I

    I i

    I I

    Total Taxes

    SUMARY OF UNAID POSTPETITION DEBTS


    Tota
    Accounts Payable

    Wa es Pa able
    Taxes Payable

    Rent/Leases- uildin
    Rent/Leases- ui ment

    Not Applicablc

    Secured Debt/ Adequatc Protection Payments Professional Fees

    Tolal Post clition Debts

    FORM MOR-I (04/07)

    In re: San Pedro Bay Pipeline Company Debtor

    Case No. 09-10790 Reporting Period: April 2009

    ACCOUNTS RECEIVABLE RECONCILIATION AND AGING

    Accolts;:Receivabd;R:cbrilltih~(~:.;: ~ Total Accounts Receivable at the beginning of the reporting period

    Amount
    I

    + Amounts biled during the period - Amounts collected during the period Total Accounts Receivable at the end of the reporting period
    ~,

    Not Applicable
    I ..

    Receivable Aging o - 30 days old


    Accounts

    , ..

    ....

    ,.

    ...

    Amoiint
    I

    31 - 60 days old 61 - 90 days old

    91+ days old Total Accounts Receivable


    Accounts Receivable (Net)

    Not Applicable

    DEBTOR QUESTIONNAIRE
    Must be

    cOIlpltedeacl:-nonth

    "

    '"

    .,
    business

    ,..,

    .'.

    ,.. .

    YesIo
    No No

    1. Have any assets been sold or trnsferred outside the nonnal course of

    this reporting period? If yes. provide an explanation below.

    2. Have any funds been disbured from any nccount other than a debtor in possession account this reporting period? If yes. provide an explanation below.

    3. Have all postpetition tax returns been timely fied? If no, provide an explanation
    below.
    4. Are workers compensation, genera

    N/A
    Yes

    liabilty and other necessary insurace

    coverages in effect? If no~ provide an explanation below.

    5. Has any bank account been opened during the reporting period? If yes, provide documentation identifying the opened account(s). If an investment account has been opened
    provide the required documentation pursuant to the Delaware Local Rule 4001-3.

    No

    FORM MOR-5 (04/07)

    You might also like