Docket #4737 Date Filed: 3/24/2010

IN TI{E UNITED STATBS I}ANI(RUPTCY COURT FOR THE DIS'TRICI' OF DELAWARE

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MBRVYN'S IIOLDINGS, LLC,9! al.,l

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Chapter 1l
Casc No. 08-11586 (KG)

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JointlvArlministcred
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Ke )'"r 4 y'736

ORDtrIT APPROVING STIPULA'IION FOR ALLOWANCE AND PAYMENT OF ITATIVB EXPBNSE CLAIM

AND NOW, upou consideration of the Stipulationz attached hereto as Exlribir A,

and good cause appearing for the approval thereof, it is hereby:

ORDERED, that the Stipulatiorr is AlrpltOVED; and ir is further

ORDERED, the Court shall retain jurisdiction over the iurptementation and
enforcement ol the Stipulation and this Orcler.

nut"at@zorc
Wilmington, f)elaware
TI-IE TICNIDRABLE KEIVTN CN

{INITED STATI]S I]ANKRIJPTCY IUDGE

The Debtols in these cases, along tvith the last four digits of rhcir I'ederal tax identification nunrbers, are Mervyn's l{oldings, L.tc (j405), Mcrvyn's L.Lc (4456) and Mervyn's Brands, LL.c (gg50) t Terms not definecl lterein shall have lhc nrcanings attribuled to them in ths Stioularion
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0q/v*#8 ! 0811586100324000000000001

EXHIBIT A

ItLt: I 3520001v

IN TI{E UNITED STATBS I}ANI(ITUPTCY COURT FOII THB DISTRICT OF DELAWARE

In

rc: tL,t Dcbtors.

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Chapter

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(KG)

MERVYN'S HOLDINGS, LLC,9!

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Cnse No. 08-l 1536

Jointly Administcred

STIPULATION FOR ALLOWANCB AND PAYMBNT OF ADMINISTRATIVE EXPBNSE CLAIM OF EASTMAN FOOTWEAR G&OUP.INC.
Eastnran Footwear Group, Inc. ("Eastnran") and the above-captioned debtors and debtors in possession (the "Debtors") lrereby stipulate as lbllows:

ITECITALS
WI-IEREAS, on December 15,2008, the United States Bankr"uptcy Court lbr the

District of Delaware (the "Court") entered the Orcler E,;lablishing Bar Dales oncl Filittg
Poslpetition Administrative Expense Claim Requesls ancl tlpprot,ing the Form nnd lultrnnet'
Notice [hereof [Docket No. 1 170] (the "Adn:irristrative Claim Bar Date Order"), atrd
o.f

WI{EREAS, pul'sllant to the Administrative Bar Date Order, any person wlro
holds a postpetition claim against the Debtors arising on or after

lvly 29,2008,

and prior to

November 30, 2008, and who desires to share in ar:y distribution in these chapter I I cases was

requiled to file a request lbr aclnrinistrative expense with the Court on or before Febtuaty
2009 (llie "Adnrinistratiye Bar D'lte"); and

18,

WI-IEREAS, between November 10, 2008 and Novenrber

provided the Debtors with goods in the aggregate anrount ol'$49,951.42; and

i0,

2008, Eastrnan

'The Debtors in these cases, along q,ith the last four digits of their federal tax identification nuntbers, are Mervyn's l-loldings, t.L.C (3405), Mervyn's t.LC (4456) and Mcrvyn's Brands, LLC (8850)

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3520001v2

WI{EREAS, on March 3, 2009, Eastman filed an Application oJ Eastntan

I?oolt'vear Group,

lnc for Allotvctnce

qncl Paymenl

ol

Aclmini.slralive Expense Claim (the

"Motion") [Docket No. 3052] rcquesting the allo',vance and imrlediate payment of an alleged
administrative expense claint, pursuant
Date; and

to

I U,S C. $503(bXl) after the Adnrirristrative Bar

WI-IEREAS, on March 17,2009, because the Motion was filed late, among otlier things, the Debtors filed an Objection oJ Debtor.r lo Altltlicctlion of Euslman Foolwectr Group,

Inc, for Allovcrnce and Pulnnent of tlchninistrutive lixpense Clcrim [Docket

"Objection"); and

No ]1241 (the

WI-IEREAS, the Debtors and Eastman have conferred and agreed to consensually
resolve the Motion and the Objection to avoicl the uncertainty ol'litigation and save the fbes and
expenses attendant thereto.

Accordingly, the f)ebtors and Eastman I-IEREBY STIPTJL,ATE AND AGREE follows:

as

AGRDBMIINT

l. 2 l.
pursuant

The Recitals are true ancl correct and arc incorporated herein by reference.

This Stipulation is subject to the Court's approval and shall be o1'no I'orce arrd

el'tect unless and until approved by tlre Court. Eastman shall be allowed an administrative expense claim against Mervyn's LLC

to sections 503(bxl) and 507(aX2) of the U.S. Banlcuptcy Code in the amount of in ftrll and final satisfaction of
the

$12,488,36 (the "Allo.wed Adrr:irrislrative Expense Clainr") Motion,

4.

The Objection is hereby resolved.

llt.Fll520003v2
rrBl/640954t0
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5. 6.

Payment

of tlre Allowed
I

Adnrinistralive Expense Clairn shall be madc in

plan ultirnately confirnred in tlrese chapter l 1 cases

accordance with the terms of the chapter I

This Stipulation shall be binding upon

(i) any liquidating trustee, plan

l

administrator, distribution agent, and/or any other responsible person appointed purcuant to any chapter I I plan confirmed in these cases;
and/or

(ii) any chapter

trustee appointed in these cases;

(iii) any chapter

7 trustee appointed or elected in these cases.

Dated: March 23. 201 0

/s/ Paul Rachmuth Mark D. Collihs (lrlo. 2981

ranceschi [No.27]2) Christopher M^ Samis (No. 4909) Paul Raclrniuth

RICI.IARDS, L,AYTON & FINGER, P.A

One Rodney Square 920 Nolth King Stleet

Wilmington, Delaware I 9801 Telephone: (302) 65 1 -7700 Facsirnile: (302) 65 I -7701 Ernail : eollins@rlf.com
de

GERSTEN SAVACE LLP 600 [,exington Avenue Nerv York, New York 10022-6018 ]-eleplrone: (212) 7 52-97 00 Facsirnile: (212) 980-51 92 Email: 1:raclimutlr@ger slensavage.com Allorney for Easlman Foolv'ear Group, Inc

I'rancesch i @rl f.co m

samis@ilf.conr
and

I-loward S. Beltzer

Wendy S. Walker

MOROAN, LEWIS & BOCKIUS L]-P 101 Park Avenue New York, New York 10178-0060 Telephor:e: (212) 309-6000 Facsinrile: (212) 109-6001 Eniail : hbeltzer@nrorganlewi s.cor:r wwalker@morganlewis com
Altorneys /d the Debtor,s and Debtors in Possession

Rl..F

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