HomeMy WebLinkAbout2nd Amended Joint Plan of ReorganizationUNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF FLORIDA
CASE NO. 90-12231-BKC-AJC
CHAPTER 11
JOINTLY ADMINISTERED
NOTICE OF CONFIRMATION AND
In re ) EFFECTIVENESS OF SECOND AMENDED JOINT
PLAN OF REORGANIZATION OF GENERAL
GENERAL DEVELOPMENT ) DEVELOPMENT CORPORATION, AS MODIFIED
CORPORATION, et al., )
Debtors. )
PLEASE BE ADVISED that the Second Amended Joint Plan of Reorganization of General Development
Corporation ("GDC"), was modified by GDC and the Official Unsecured Creditors' Committee (the "Committee") on
March 9, 1992, and that such modification was approved by the Bankruptcy Court on March 17, 1992 (the "Plan");
PLEASE BE FURTHER ADVISED that as of March 27, 1992, all conditions to effectiveness other than those
set forth in Article IX, paragraphs (1) and (7), of the Plan were met or waived;
PLEASE BE FURTHER ADVISED that on March 27, 1992, the Honorable Judge A. Jay Cristol entered an
order confirming the Plan (the "Confirmation Order");
PLEASE BE FURTHER ADVISED (a) that the Confirmation Order included the provisions required by Article
DZ, paragraph (7) of the Plan, (b) that GDC and the Committee jointly waived satisfaction of all remaining requirements
of Article IX, paragraph (1) of the Plan on March 31, 1992, and (c) that, therefore, the Plan became effective on March
31, 1992 (the "Effective Date");
PLEASE BE FURTHER ADVISED that GDC's report on Form 10-K under the Securities Exchange Act of
1934 (the "Exchange Act") and its report under Item 3(b) of Form 8-K under the Exchange Act, to be filed shortly, are
available upon written request to the Company; these documents will provide current financial information about the
Reorganized Company and information concerning certain important developments since the distribution of the
Disclosure Statement, and creditors are urged to consult such documents before trading in the securities to be distributed
under the Plan;
PLEASE BE FURTHER ADVISED that the Confirmation Order provides that any stockbroker engaging in
transactions within the scope of 11 U.S.C. § 1145(a)(4) shall provide such GDC reports on Form 10-K and 8-K, in
addition to the Disclosure Statement;
PLEASE BE FURTHER ADVISED that the Confirmation Order instructs GDC to send a copy of this
Notice to all creditors, equity security holders, and other parties in interest.
BY ORDER OF THE COURT.
March 31, 1992
UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF FLORIDA
CASE NO. 90-12231-BKC-AJC
CHAPTER 11
JOINTLY ADMINISTERED
In re )
GENERAL DEVELOPMENT ) CORRECTED
CORPORATION, et al., ) NOTICE OF HEARING
Debtors. )
PLEASE BE ADVISED that the undersigned attorneys for
and on behalf of GENERAL DEVELOPMENT CORPORATION, et al., -the
Debtors, will bring on to be heard the following:
MOTION TO ASSUME CERTAIN EXECUTORY
NON-HOMESITE CONTRACTS AND DEFER
CONSIDERATION OF OTHER SUCH CONTRACTS
PURSUANT TO SECTION 6.1 OF THE SECOND
AMENDED JOINT PLAN OF REORGANIZATION,
AND NOTICE OF AMENDMENTS TO
THE BANKRUPTCY SCHEDULES
before the Honorable A. Jay Cristol, Judge of the above -styled
Court, 51 S.W. First Avenue, Courtroom 1410, Miami, Florida
33130, on January 21, 1992, at 2:00 p.m., or as soon thereafter
as the same can be heard.
PLEASE BE ADVISED FURTHER that the failure to object to
such assumption, to assert the existence of a breach of contract
or default by the Debtor, and/or to object to the amendment of
the bankruptcy schedules at least fourteen days in advance --of the
hearing may constitute a waiver of any such claim.
PLEASE BE GOVERNED ACCORDINGLY.
WILMER, CUTLER & PICKERING
Attorneys for Debtors
2445 M Street, N.W.
Washington, D.C. 20027
(202) 663-6000
William J. Perlstei
Eric R. Markus
December 2, 1991