UNITED STATES BANKRUPTCY COURTFor the District of Delaware
In reNew Century Mortgage CorporationNew Century Mortgage Ventures, LLCNC Capital CorporationNC Residual III CorporationNew Century R.E.O. Corp.New Century R.E.O. II Corp.New Century R.E.O. III
Corp.NC Deltex, LLCNCoral, L.P.NC Asset Holding, L.P.Home123 CorporationNew Century TRS Holdings, Inc.NC Residual IV CorporationNew Century Credit CorporationNew Century Financial CorporationNew Century Warehouse CorporationDebtors.Honorable Kevin J. CareyChapter 1107-1041907-1042907-1042007-1042407-1042607-1042707-1042807-1043007-1043107-1042307-1042107-1041607-1042507-1042207-1041707-11043
DISCLOSURE STATEMENT FOR THE JOINT CHAPTER 11 PLAN OFLIQUIDATION OF THE DEBTORS AND THE OFFICIAL COMMITTEE OFUNSECURED CREDITORS DATED AS OF FEBRUARY 2, 2008
Suzzanne S. UhlandBen H. LoganAndrew M. ParlenO'MELVENY & MYERS LLP275 Battery StreetSan Francisco, California 94111(415) 984-8700Mark CollinsMichael J. MerchantChristopher M. SamisRICHARDS, LAYTON & FINGER, P.A.One Rodney Square920 North King StreetWilmington, Delaware 19801(302) 651-7700Attorneys for the Debtors and Debtors in Possession
Please note that this Disclosure Statement is a draft and that it has not been approved by the Bankruptcy Court. Until this Disclosure Statement is approved by the BankruptcyCourt, after a determination that it contains “adequate information” within the meaning of section 1125 of the Bankruptcy Code, this Disclosure Statement may not be used for solicitation purposes. Accordingly, no party should rely on this Disclosure Statement for the purpose of determining whether or not to vote to accept or reject the Plan or for any other purpose until this Disclosure Statement is approved by the Bankruptcy Court.