Signed January 3, 2017 United States Bankruptcy Judge

Transcription

1 Case hdh11 Doc 425 Filed 01/03/17 Entered 01/03/17 17:29:28 Page 1 of 8 The following constitutes the ruling of the court and has the force and effect therein described. Signed January 3, 2017 United States Bankruptcy Judge IN THE UNITED STATES BANKRUPTCY COURT FOR THE NORTHERN DISTRICT OF TEXAS DALLAS DIVISION In re: TPP ACQUISITION, INC. d/b/a The Picture People, Debtor. Chapter 11 Case No hdh-11 ORDER AUTHORIZING THE REJECTION OF CERTAIN DESIGNATED REAL PROPERTY LEASES PURSUANT TO BANKRUPTCY CODE 365 [Docket No. 389] Upon the Rejection Procedures contained in the Order Granting The Debtor s Motion, Pursuant To Bankruptcy Code Sections 105(A), 363, And 365, And Bankruptcy Rules 2002, 6004, And 6006, For Entry Of An Order Authorizing The Sale Of Assets Free And Clear Of All Liens, Claims, Encumbrances, And Other Interests And Granting Related Relief (the Sale _4 1

2 Case hdh11 Doc 425 Filed 01/03/17 Entered 01/03/17 17:29:28 Page 2 of 8 Order ) 1 and the above captioned debtor (the Debtor ) having filed the First Supplemental Notice Of Rejection of Remaining Contracts [Real Property Leases] (the Rejection Notice ); and the relief requested therein being a core proceeding pursuant to 28 U.S.C. 157(b); and venue being proper in the Court pursuant to 28 U.S.C and 1409; and due and proper notice of the Rejection Notice having been provided, and it appearing that no other further notice need be provided; and it appearing that no objections to the Rejection Notice were timely filed; and it appearing that requested relief is in the best interests of the Debtor, its estate and creditors and other parties-in-interest; and upon the record of the Sale Hearing and all other pleadings and proceedings in this Chapter 11 Case, and after due deliberation and good and sufficient cause appearing therefor; IT IS HEREBY FOUND AND DETERMINED: 1. Pursuant to Bankruptcy Code 365 and Bankruptcy Rule 6006, the real property leases listed on Exhibit A shall be deemed rejected, effective the later of (i) December 31, 2016, (ii) such date that the Premises are surrendered to the landlord by delivery of the keys, key codes and security codes to such landlord and (iii) such other date and/or manner as shall have been agreed upon in writing by the affected landlord, Debtor and Purchaser (the Rejection Effective Date ). 2. Pursuant to Bankruptcy Code 554, any personal property or furniture, fixtures and equipment remaining at the leased premises (the Premises ) as of the applicable effective date of rejection (the Remaining Property ) shall be deemed abandoned by the Debtor and the Landlord may dispose of any Remaining Property, in its sole discretion, free and clear of all liens, claims, encumbrances and interests, without further notice or order from this Court, without any liability to the Debtor and any third party for such disposal and without waiver of 1 Capitalized terms not otherwise defined herein shall have the meaning ascribed to them in the Sale Order _4 2

3 Case hdh11 Doc 425 Filed 01/03/17 Entered 01/03/17 17:29:28 Page 3 of 8 any claim the Landlord may have against the Debtor; provided, however, that the Debtor shall remove, and not abandon, any hazardous or toxic chemicals or materials that it maintained at the Premises (exclusive of standard cleaning and/or janitorial supplies), if any. If necessary, the Landlord shall cooperate with the Debtor to schedule a time and to grant access to the Debtor or its agent to pick up any hazardous or toxic chemicals or materials maintained at the Premises. 3. The affected landlord shall submit a proof of claim for damages resulting from the rejection of its lease on or before the later of (a) the first business day that is thirty (30) calendar days after the Rejection Effective Date and (b) the first business day that is thirty (30) calendar days after entry of this Order. If the affected landlord does not timely file such proof of claim, such claimant shall be forever barred from asserting a claim against the Debtor for such rejection damages. 4. The terms and conditions of this Order shall be immediately effective and enforceable upon its entry. 5. This Court shall retain jurisdiction with respect to all matters relating to the interpretation and implementation of this Order. ### END OF ORDER ### _4 3

4 Case hdh11 Doc 425 Filed 01/03/17 Entered 01/03/17 17:29:28 Page 4 of 8 Submitted by: By: /s/ Robert D. Albergotti Robert D. Albergotti Ian T. Peck Jarom J. Yates HAYNES AND BOONE, LLP 2323 Victory Avenue, Suite 700 Dallas, TX Telephone: Facsimile: robert.albergotti@haynesboone.com ian.peck@haynesboone.com jarom.yates@haynesboone.com ATTORNEYS FOR DEBTOR AND DEBTOR IN POSSESSION _4 4

5 Case hdh11 Doc 425 Filed 01/03/17 Entered 01/03/17 17:29:28 Page 5 of 8 EXHIBIT A

6 Case hdh11 Doc 425 Filed 01/03/17 Entered 01/03/17 17:29:28 Page 6 of 8 Contract Counterparty Lease Location Property Location Contract Description 1 Alberta Development Partners Simi Valley 2 Amarillo Mall LLC Amarillo 1555 Simi Town Center Way, Unit 635 Simi Valley, CA Westgate Mall (TX) 7701 West Interstate 40 Amarillo, TX CBL & Associates Greenbrier 4 CBL & Associates Arbor Place 5 CBL & Associates Asheville 6 CBL & Associates West County 7 Centennial Real Estate Main Place 8 Conroy Millenia Partners Shoppes at Millenia 9 DDR Corp Arrowhead Crossing 10 Forest City Henderson 11 Forest City The Galleria at South Bay 12 Forest City The Mall at Robinson 13 Forest City Victoria Gardens 14 General Growth Properties, Inc. Alderwood 15 General Growth Properties, Inc. Appleton 16 General Growth Properties, Inc. Mayfair 17 General Growth Properties, Inc. Galleria at Tyler 18 General Growth Properties, Inc. Bridgewater 19 General Growth Properties, Inc. Oakbrook 20 General Growth Properties, Inc. Columbia 21 General Growth Properties, Inc. Staten Island 22 General Growth Properties, Inc. Woodbridge 23 General Growth Properties, Inc. White Marsh 24 General Growth Properties, Inc. Willowbrook 1401 Greenbrier Parkway South 1052 Chesapeake, VA Arbor Place 1400 Douglasville, GA South Tunnel Road B-12 Asheville, NC West County Center St. Louis, MO N. Main 136 Santa Ana, CA Conroy Rd. 113 Orlando, FL W. Bell Rd. 101 Peoria, AZ W. Sunset Road, Suite 2109 Henderson, NV Hawthorne Blvd. 338 Redondo Beach, CA Robinson Centre Drive 2130 Pittsburgh, PA N. Main St. Rancho Cucamonga, CA th St., SW, Rm 664 Lynnwood, WA W. Wisconsin Ave. 200 Appleton, WI N. Mayfair Rd., 510 Wauwatosa, WI Tyler Mall G24 Riverside, CA Commons Way, Suite 300 Bridgewater, NJ Oakbrook Center 1430 Oakbrook, IL Little Patuxent Pkwy, 2645 Columbia, MD Richmond Ave, 1580 Staten Island, NY Woodbridge Center Dr., 458 Woodbridge, NJ Perry Hall Blvd., 2140 Baltimore, MD Willowbrook Mall 1305 Wayne, NJ Page 1

7 Case hdh11 Doc 425 Filed 01/03/17 Entered 01/03/17 17:29:28 Page 7 of 8 Contract Counterparty Lease Location Property Location Contract Description 25 General Growth Properties, Inc. Maine Mall 364 Maine Mall Road W119 S. Portland, ME General Growth Properties, Inc. Paramus Park Mall 700 Paramus Park 1265/1270 Paramus, NJ JLL Salem 480 Center St.,NE, Ste. 144 Salem, OR Lerner Corporation Dulles Dulles Town Circle, G208 Dulles, VA Long Pehrson Associates, LLC Yorktown 30 Macerich Co. Salisbury 31 MG Herring Silver City 32 Preit Exton Square 33 Preit Patrick Henry 34 Pyramid Management Group, Inc. Manassas 35 Simon Property Group Stoneridge 36 Simon Property Group Brea 37 Simon Property Group Bay Park 38 Simon Property Group Orland 39 Simon Property Group Montgomery Mall 40 Simon Property Group Ocean County Mall 41 Simon Property Group Springfield Mall 42 Simon Property Group Rockaway 43 Simon Property Group South Hills Village 44 Simon Property Group Roosevelt Field 45 Simon Property Group Ross Park 46 Starwood Solano 47 Starwood Chicago Ridge 48 Starwood El Cajon 49 Starwood Wellington Green 134 Yorktown Shopping Center 134 Lombard, IL N. Salisbury Blvd. C-109 Salisbury, MD Galleria Mall Drive B213 Taunton, MA Exton Square Parkway 2345 Exton, PA Jefferson Ave., Suite 811 Newport News, VA Sudley Rd., L5 Manassas, VA Stoneridge Mall Rd. E125 Pleasanton, CA Brea Mall 2002 Brea, CA Bay Park Square 211 Green Bay, WI Orland Square, B18 Orland Park, IL Montgomery Mall 4 Bld M North Wales, PA Hooper Ave., 1100 Toms River, NJ Baltimore Pike 3A-L Springfield, PA Mt. Hope Road, Suite 1033 Rockaway, NJ South Hills Village 1040 Pittsburgh, PA Old Country Road Garden City, NY Ross Park Mall Dr. BO3C Pittsburgh, PA Travis Blvd. K11 Fairfield, CA Chicago Ridge K17 Chicago Ridge, IL Fletcher Parkway R15 El Cajon, CA W. Forest Blvd, Ste. 114A Wellington, FL Page 2

8 Case hdh11 Doc 425 Filed 01/03/17 Entered 01/03/17 17:29:28 Page 8 of 8 Contract Counterparty Lease Location Property Location Contract Description 50 Starwood Northlake 51 Street Mac Stratford Square, Mall 52 Taubman Centers, Inc. Fair Oaks 53 Westfield Corp. Arcadia 54 Westfield Corp. Mission Valley 55 Westfield Corp. Plaza Bonita 56 Westfield Corp. Southcenter 57 Westfield Corp. Old Orchard 58 Westfield Corp. Topanga 59 WP Glimcher Bowie 6801 Northlake Mall Dr., Space 152 Charlotte, NC Stratford Square Bloomingdale, IL Fair Oaks, B115 Fairfax, VA S. Baldwin B1 Arcadia, CA Camino Del Rio North 311 San Diego, CA Plaza Bonita Rd., 270 National City, CA Southcenter Mall Tukwila, WA Old Orchard Center L27 Skokie, IL Topanga Canyon Blvd Canoga Park, CA Emerald Way F-03 Bowie, MD Page 3