The following excerpt is from the company's SEC filing.
Petition Date: March 14, 2018
Chapter 11 Post-Confirmation Report
for Period Ending: June 30, 2019
Summary of Disbursements*:
A. Disbursements made under the plan (itemize on page 3)
B. Disbursements not under the plan
C. Total Disbursements
D. Total Disbursements Subject to U.S. Trustee Fees**
* All disbursements made by the reorganized Debtor, under the plan or otherwi se, must be accounted for and reported herein for the purpose of calculating the quarterly Fees.
** Includes disbursements made by all Debtors through June 20, 2019 and disbursments made by iHeartMedia, Inc., iHeartCommunications, Inc., and Katz Media Group, Inc. from June 21, 2019 - June 30, 2019.
Has the order confirming plan become final? Yes
Are Plan payments being made as required under the Plan? Yes
If No, what Plan payments have not been made and why?
If plan payments have not yet begun, when will the first plan payment be made?
What date did the reorganized debtor or successor of the debtor under the plan assume the business or management of the
property under the plan?
Please describe any factors which may materially affect your ability to obtain a final decree at this time.
Complete the form for Plan Disbursements attached.
Consummation of Plan:
a. If this is a final report, has an application for Final Decree been submitted?
Date application was submitted
No Date application will be submitted
I CERTIFY UNDER PENALTY OF PERJURY THAT THE ABOVE INFORMAITON IS TRUE AND CORRECT TO THE BEST OF MY KNOWLEDGE.
/s/ Scott D. Hamilton
Scott D. Hamilton
This is a final report for all Debtors other than iHeartMedia Inc., iHeartCommunications, Inc., and Katz Media Group, Inc., for which it is only a quarterly report. Quarterly reports for these three Debtors will continue to be filed until cases are closed.
IN THE UNITED STATES BANKRUPTCY COURT
FOR THE SOUTHERN DISTRICT OF TEXAS
Cash Receipts and Disbursements for the Period Ending June 30, 2019
Book Cash Receipts and Disbursements (USD $ millions)
Net Operating Receipts
Total Operating Disbursements
Operating Cash Flow
Cash Flow Before Intercompany
Intercompany Transfer from / (to)
Cash Flow Before Restructuring Activity
Total Cash Flow
Change in Restricted Cash
Includes cash activity for all Debtors throughout the period
Page 2 of 37
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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