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IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE In re: PERKINS & MARIE CALLENDER’S INC.,1 et al.

, Chapter 11 Case No. 11-11795 (KG) Jointly Administered Debtors. Objection Deadline: October 28, 2011 at 12:00 p.m. Noon (prevailing Eastern Time) ADDITIONAL NOTICE OF (I) POSSIBLE ASSUMPTION OF EXECUTORY CONTRACTS AND UNEXPIRED LEASES, (II) FIXING OF CURE AMOUNTS IN CONNECTION THEREWITH, AND (III) DEADLINE TO OBJECT THERETO PLEASE TAKE NOTICE that, by Order dated September 9, 2011 (the “Disclosure Statement Order”), the United States Bankruptcy Court for the District of Delaware (the “Court”) approved the Second Amended Disclosure Statement for Debtors’ Second Amended Joint Plan of Reorganization Under Chapter 11 of the Bankruptcy Code, dated September 9, 2011 (including all exhibits thereto and as may be amended, modified or supplemented from time to time, the “Disclosure Statement”), as containing adequate information within the meaning of section 1125 of title 11 of the United States Code, 11 U.S.C. §§ 101 et seq. (the “Bankruptcy Code”). Pursuant to the Disclosure Statement Order, the Court also approved, among other things, certain procedures for (i) determining Cure Amounts2 for those executory contracts and unexpired leases (each, an “Assumed Contract or Lease,” and collectively, the “Assumed Contracts and Leases”) to be potentially assumed pursuant to the Debtors’ Second Amended Joint Plan of Reorganization Under Chapter 11 of the Bankruptcy Code, dated September 9, 2011 (including all exhibits thereto and as may be amended, modified or supplemented from time to time, the “Plan”), and (ii) establishing a deadline for objections relating to the potential assumption of such agreements.3 PLEASE TAKE FURTHER NOTICE that on the schedule attached hereto as Exhibit 1 (the “Cure Payment Schedule”), the Debtors have indicated the Proposed Cure Amounts that they believe must be paid to the non-Debtor parties to each of the Assumed Contracts and Leases listed on Exhibit 1, to the extent a mutually acceptable amendment of the Assumed Contracts and Leases is entered into between the Debtors and the non-Debtor parties to such Assumed Contracts and Leases, to cure any and all defaults under each of the Assumed Contracts and Leases in the event the Debtors, with the consent of the Restructuring Support Parties, which consent shall not be unreasonably withheld, determine to assume any such Assumed Contracts and Leases pursuant to the Plan. The assumption of any of the Assumed Contracts and Leases set
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The Debtors, together with the last four digits of each Debtor’s federal tax identification number, are: Perkins & Marie Callender’s Inc. (4388); Perkins & Marie Callender’s Holding Inc. (3999); Perkins & Marie Callender’s Realty LLC (N/A); Perkins Finance Corp. (0081); Wilshire Restaurant Group LLC (0938); PMCI Promotions LLC (7308); Marie Callender Pie Shops, Inc. (7414); Marie Callender Wholesalers, Inc. (1978); MACAL Investors, Inc. (4225); MCID, Inc. (2015); Wilshire Beverage, Inc. (5887); and FIV Corp. (3448). The mailing address for the Debtors is 6075 Poplar Avenue, Suite 800, Memphis, TN 38119. All capitalized terms used but not otherwise defined herein shall have the meaning ascribed to them in the Plan or Disclosure Statement Order, as applicable.

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On October 17, 2011, the Debtors filed their Notice of (I) Possible Assumption of Executory Contracts and Unexpired Leases, (II) Fixing of Cure Amounts In Connection Therewith, and (III) Deadline to Object Thereto [Docket No. 1152] (the “Initial Cure Payment Schedule Notice”). Subsequent to the filing of the Initial Cure Payment Schedule Notice, the Debtors determined that they inadvertently omitted from Exhibit 2 to the Initial Cure Payment Schedule Notice those Assumed Contracts and Leases listed on Exhibit 1 attached hereto.

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forth on Exhibit 1 attached hereto is expressly subject to the execution and delivery of a mutually acceptable amendment thereof between the Debtors and the non-Debtor parties thereto. To the extent a mutually acceptable amendment is not executed and delivered prior to the date of confirmation of the Plan, those Assumed Contracts and Leases set forth on Exhibit 1 may be rejected by the Debtors. PLEASE TAKE FURTHER NOTICE that the non-Debtor parties to the Assumed Contracts and Leases shall have until October 28, 2011 at 12:00 p.m. Noon (prevailing Eastern Time) (the “Assumption Objection Deadline”) to object (each, a “Cure Objection”) in writing to the Proposed Cure Amounts for the Assumed Contracts and Leases and to propose an alternative Cure Amount. The non-Debtor parties to the Assumed Contracts and Leases shall file a Cure Objection regardless of whether or not such party has previously filed a Proof of Claim in the Debtors’ Chapter 11 Cases with respect to any amounts it alleges are due and owing under the applicable Assumed Contract or Lease. Any Cure Objection shall: (i) be in writing; (ii) be filed with the Court on or before the Assumption Objection Deadline; (iii) conform with the Bankruptcy Rules and the Local Rules; (iv) set forth the name of the objecting party and the specific basis for the objection; (v) set forth with specificity any and all cure obligations that the objecting party asserts must be cured or satisfied in respect of the particular Assumed Contract or Lease and/or any and all objections to the potential assumption of such Assumed Contract or Lease, together with all documentation supporting such Cure Objection or other objection; and (vi) be served on the following parties on or before the Assumption Objection Deadline: (a) the U.S. Trustee, 844 King Street, Suite 2207, Wilmington, Delaware 19801, attention: Richard Schepacarter, Esq., Facsimile: (302) 573-6497; (b) the Debtors, Perkins & Marie Callender’s Inc., 6075 Poplar Avenue, Suite 800, Memphis, TN 38119, attention: Joseph F. Trungale, Facsimile: (901) 537-7122; (c) counsel to the Debtors, Troutman Sanders LLP, The Chrysler Building, 405 Lexington Avenue, New York, NY 10174, attention: Mitchel H. Perkiel, Esq. and Brett D. Goodman, Esq., Facsimile: (212) 704-6288, and Young Conaway Stargatt & Taylor, LLP, The Brandywine Building, 1000 West Street, 17th Floor, Wilmington, DE 19801, attention: Robert S. Brady, Esq. and Robert F. Poppiti, Jr., Esq., Facsimile: (302) 571-1253; (d) counsel to the Committee, Ropes & Gray LLP, 1211 Avenue of the Americas, New York, New York 10036-8704, attention: Mark R. Somerstein, Esq. and Benjamin L. Schneider, Esq., Facsimile: (212) 596-9090, and Landis Rath & Cobb LLP, 919 Market Street, Suite 1800, Wilmington, DE 19801, attention: William E. Chipman, Jr., Esq. and Mark D. Olivere, Esq., Facsimile: (302) 467-4450; (e) counsel to the agent for the Debtors’ prepetition Credit Facility and post-petition DIP Credit Facility, Paul Hastings LLP, 600 Peachtree Street, N.E., Twenty-Fourth Floor, Atlanta, GA 30308, attention: Jesse H. Austin, III, Esq., Facsimile: (404) 685-5208; (f) counsel to the indenture trustee for the Senior Secured Notes, Emmet, Marvin & Martin, LLP, 120 Broadway, 32nd Floor, New York, NY 10271, attention: Edward P. Zujkowski, Esq., Facsimile: (212) 238-3100; (g) counsel to the indenture trustee for the Senior Notes, Foley & Lardner LLP, 90 Park Avenue, New York, NY 10016-1314, attention: Douglas Spelfogel, Esq., Facsimile: (212) 687-2329; and (h) counsel to the Restructuring Support Parties, Akin Gump Strauss Hauer & Feld LLP, One Bryant Park, New York, NY 10036, attention: Ira Dizengoff, Esq., Facsimile: (212) 872-1002, and Scott L. Alberino, Esq., 1333 New Hampshire Avenue, N.W., Washington, D.C. 20036, Facsimile: (202) 887-4288. PLEASE TAKE FURTHER NOTICE that if a Cure Objection is timely filed with respect to the Proposed Cure Amount for an Assumed Contract or Lease, the Court shall hold a hearing at the Confirmation Hearing, or as otherwise agreed to by the parties or scheduled by the Court, to determine the amount of any disputed Cure Amount not settled by the parties. PLEASE TAKE FURTHER NOTICE that in the event that no Cure Objection is timely filed with respect to a particular Assumed Contract or Lease, the applicable counterparty to such Assumed Contract or Lease shall be deemed to have consented to the Proposed Cure Amount (including amounts of compensation for actual pecuniary loss) for such agreement and shall be forever enjoined and barred from seeking from the Debtors and the Reorganized Debtors any additional amount on account of the Debtors’ cure obligations under section 365 of the Bankruptcy Code as it pertains to such Assumed Contract or Lease. 2 01: 11535810.1 070242.1001

PLEASE TAKE FURTHER NOTICE that if you agree with the assumption of your particular Assumed Contract or Lease and the Proposed Cure Amount indicated for such agreement on the Cure Payment Schedule, you need not take any further action. PLEASE TAKE FURTHER NOTICE that notwithstanding anything herein to the contrary, each contract and lease set forth on the Cure Payment Schedule will be assumed only to the extent that such contract or lease constitutes an actual executory contract or unexpired lease. The listing of a contract or lease on the Cure Payment Schedule does not constitute an admission by the Debtors and the Reorganized Debtors that the contract or lease is an executory contract or unexpired lease or that the Debtors and the Reorganized Debtors have any liability thereunder. The Confirmation Order will constitute an order of the Court approving the assumption of the executory contracts and unexpired leases provided for by Section VIII.A of the Plan, pursuant to section 365 of the Bankruptcy Code, as of the Effective Date. The Debtors (with the consent of the Restructuring Support Parties, which consent shall not be unreasonably withheld) reserve the right (i) to amend the Cure Payment Schedule at any time prior to the Effective Date, including, without limitation, to remove therefrom any Assumed Contract or Lease listed therein, and (ii) to include any Assumed Contract or Lease listed on the Cure Payment Schedule on the Schedule of Rejected Contacts and Leases. Dated: October 21, 2011 Wilmington, DE YOUNG CONAWAY STARGATT & TAYLOR, LLP By: /s/ Robert F. Poppiti, Jr. Robert S. Brady (No. 2847) Robert F. Poppiti, Jr. (No. 5052) The Brandywine Building, 1000 West Street, 17th Floor Wilmington, DE 19801 Telephone: (302) 571-6600 Facsimile: (302) 571-1253 - AND TROUTMAN SANDERS LLP Mitchel H. Perkiel Hollace T. Cohen Brett D. Goodman The Chrysler Building, 405 Lexington Avenue New York, NY 10174 Telephone: (212) 704-6000 Facsimile: (212) 704-6288 COUNSEL FOR PERKINS & MARIE CALLENDER’S INC., ET AL., Debtors and Debtors-in-Possession

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EXHIBIT 1

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070242.1001

Contract Counterparty Ecolab Inc. Ecolab Center 370 North Wabasha St. Paul, MN 55102 Ecolab Inc. Ecolab Center 370 North Wabasha St. Paul, MN 55102 Marie Callender's #47 18889 Brookhurst Fountain Valley, CA 92708 Pie Rise, Ltd. 3 Williamsburg Lane Rolling Hills, CA 90274 Pie Shop No 38 12489 Seal Beach Seal Beach, CA 90740 Pie Shop No 45 18889 Brookhurst Fountain Valley, CA 92708

Executory Contract or Unexpired Lease Product and Service Supply Agreement dated January 1, 2011

Proposed Cure Amount

$68,083.88

Pest Elimination Services Agreement Contract/Agreement MC Franchise Remodel Agreement Contract/Agreement MC Franchise Remodel Agreement Contract/Agreement MC Franchise Remodel Agreement Contract/Agreement MC Franchise Remodel Agreement

$20,000.00

$0.00

$0.00

$0.00

$0.00