Académique Documents
Professionnel Documents
Culture Documents
I, the undersigned, am over the age of eighteen and an employee of Omni Management Group, I do
hereby certify:
That I, in performance of my duties served a copy of the Notice of Transferred Claim by depositing
it in the United States mail at Encino, California, on the date shown below, in a sealed envelope
with postage thereon fully prepaid, addressed as set forth below.
Date: By:
Transferor: NORTHEAST REFRIGERATION & AC
ATTN: J.S. RILEY
27 RAILROAD AVE
ALBANY, NY 12205
Transferee: SIERRA LIQUIDITY FUND, LLC
RE: NORTHEAST REFRIGERATION & AIR COND
ATTN: SCOTT AUGUST
2699 WlllTE ROAD, SUITE 255
IRVINE. CA 92614
Addressee: NORTHEAST REFRIGERATION & AC
ATTN: J.S. RILEY
27 RAILROAD AVE
ALBANY, NY 12205
Omni Management Group, LLC
Claims Agent For Grand Prix Albany LLC
16161 Ventura Blvd., Suite C, PMB #606- Encino, CA 91436
Telephone (818) 906-8300 - Facsimile (818) 783-2737
Notice of Transferred Claim
July 05, 2011
Transferor: NORTHEAST REFRIGERATION & AC
ATTN: J.S. RILEY
27 RAILROAD AVE
ALBANY, NY 12205
Transferee: SIERRA LIQUIDITY FUND, LLC
RE: NORTHEAST REFRIGERATION & AIR CONDITION
ATTN: SCOTT AUGUST
2699 WHITE ROAD, SUITE 255
IRVINE, CA 92614
To Whom It May Concern,
Please be advised that a Notice was received that your claim in the above mentioned case has been
transferred; please see attached. The document states that the above named transferor has transferred
this claim to the above named transferee.
Case: Grand Prix Albany LLC (Case No: 10-13805)
Grand Prix Floating Lessee LLC (Case No: 10-13826)
Claim No.: 1347
Amount of Claim: $354.08
Amount of Transfer: $354.08
Re: Docket# 1841
Pursuant to Bankruptcy Rule 300l(e) (2) of the Federal Rules of Bankruptcy Procedures you are
advised that if you wish to object to the above, you must do so within 21 days of the date of this
notice or within any additional time allowed by the court. Unless an objection and request for
hearing is filed in writing with the U.S. Bankrutpcy Court- Southern District ofNew York
Manhattan Division One Bowling Green New York, NY 10004 , the aforementioned claim will be
deemed transferred.
Y elena Bedennan
Omni Management Group, LLC
UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
------------------------------------X
GRAND PRIX FLOATING LESSEE LLC
INNKEEPERS USA TRUST, et al.
Debtors
Chapter 11
Case #10-13826 & 10-13800
Claim # 1347
NOTICE: TRANSFER OF CLAIM PURSUANT TO FRBP RULE 300l(e) (2) OR (4)
To: (Transferor) Northeast Refrigeration & Air Condition
27 Railroad Avenue
Albany, NY 12205
The transfer of your claim shown above, in the amount of $354.08
has been transferred (unless previously by court order) to:
SIERRA LIQUIDITY FUND, LLC
2699 WHITE RD. SUITE #255
IRVINE, CA 92614
No action is required if you do not object to the transfer of your claim.
However, IF YOU OBJECT TO THE TRANSFER OF YOUR CLAIM, WITHIN 20 DAYS OF
THE DATE OF THIS NOTICE, YOU MUST:
FILE A WRITTEN OBJECTION TO THE TRANSFER with:
United States Bankruptcy Court
Southern District of New York
Attn: Bankruptcy Clerk
One Bowling Green
New York, NY 10004
SEND A COPY OF YOUR OBJECTION TO THE TRANSFEREE.
Refer to INTERNAL CONTROL No. in your objection.
IF YOUR OBJECTION IS NOT TIMELY FILED, THE TRANSFEREE WILL BE SUBSTITUTED
ON OUR RECORDS AS THE CLAIMANT.
Clerk of Court
FOR CLERK'S OFFICE USE ONLY:
This notice was mailed to the first named party, by first class mail,
postage prepaid on , 20
Copy(check): Claims Agent __ Transferee __ Debtor's Attorney __
Deputy Clerk
be: objntc
OBJECTION NOTICE FOR TRANSFEROR-PROOF OF CLAIM ON FILE
Transfer of Claim
INNKEEPERS USA TRUST,etal.
a/kla GRAND PRIX FIXED LESSEE LLC & GRAND PRIX FLOATING
LESSEE LLC & GRAND PRIX ANAHEIM ORANGE LESSEE LLC
This agreement {the "Agreement") is entered into between hl 1 A-l t. l (\C... ("Assignor'')
and Sierra J .. iquidity Fund, LLC or assignee ("Assignee") with regard to the followin atters: +-
L Assignor in consideration of the sum of . . ,r tbe c:urrent amount outstanding in u.s. Dollus oJJ the Asslanors
trade claim (the "Purchase Price''), does hereby transftr to Assisnee all of the Assignor's riSht, tltle and fntemt in and to all of the claims of
Assignor. including the right to amounts owed under any eltecutory contract and any rtspectivc cure amount related to the potential assumption
and of such a oontnu:t (the "Claim"), against Innkeepers USA Tl'ust, et n1. (affiliares. subsidiaries and other related debtors) (the
"Debtor"), in proceedings for reorganization State$ BMkntptcy Court, So\fthem District of New York, in the
ci.U't'ent amount of not titan _ 1! !1;;; 7', () 'i _L___(insert tbe amo,ant due, whfeh shaU be defined as
"the Clalm Amount"], and all rights and iieneffts of the Assignor relating to the Claim including, wlthottt limitation, Assignors rights to
rteeive Interest, penalties and fees, if any, which may be paid witb. respect to the Claim, and all cash, securities, instnunents. cure p11.yment$.
and other pmperty which may 6i"paid or issued by the l)ebtor in sadsfaction of the- Claim, right to receive litigation proceeds and any
and all voting rights related ro the Claim . The Claim. is based on amounts owed to As.'llgnor by Debto.f as forth below and tbia assignment
is an absolute and unconditional of ownership of the Claim. and shall not be deemed to create a security intereSt.
2. A.cssignec shall be entitled to all distributions made by the Debtor Qn account of the Claim, evr:n distributions made and attributable to the
Claim being allowed in tbe Debtor's case, in an amount in excess of the Claim Amount. Astcignor and wanants dtat the amount of
the Claim is not Jess than the Claim Amount, that dlis amount is the true and correct amount owed by the Debtor to the Assignor, and that no
valid defense or right of set-off to the Claim exists.
3. Assignor further and warrants that no payment has been received by Assignor or by any third party claiming thrmtgh Assignor, in
full or partial satisfaction of the Claim, that Assignor bas not previously assigned, sold or pledged the Claim, in whole or in part, to any third
pruty. that Assignor owns and has title to the Claim free and clear of any and all liens, security IntereSt. or encumbrances of any kind or nature
whatsoever. and that there are no offsets or defenses that have been or may be asserted by or on behalf of the Debtor or any other party to
reduce the amount of the Claim or to impair its value.
4. Should it be detennincd that any transfer by the Debtor to the Assignor is or could have been avoided as lt prcfemltial payment. Assignor
shall repay such transfer to the Debtor in a timely manner. Should A$Signor fail to repay such transfer to the Debtor. then A$slgnee,. solely at irs
own option. shnll be et1titled to make said payment on account of the avoided transfer, and the Assignor shall indemnify the Assignee for any
amounts paid to the Ot?btor. To the extent ncce..q;sacy, Assienor grants to Assignee a Power of Attorney whereby the Assignee Is authori7.ed at
Asl'lignee's own expense to defend against all avoidance actions, preferential payment suits, and fraudulent conveyencc actions for the benefit of
lhe Assignor and the Assignee; however Assignee has no obligation to defend against such actions. JJ the Bar Date for filing a Proof of Claim
bas Assignee reserves the right. but not the obligation. to putchase the Trade Clatm for the amount published in the Schedule r.
5. Assignor lj; aware that the Purchase Price mny diner from the sunount ultimately distributed in the Proceedings with Jespect to the Claim and that
such amount may not he absolutely determined until entry of a final order confirming a plan of reorganization. Assignor acknowledges that, as
set forth in this agreement. neither Assignee nor any agent or representative of Assisnee bas made any representation wh11tsocvcr to regarding
the of the t:>roceecllngs."i'he condition onhe Oetitor (financlaror"otnot'Wisc);"'iin'Y"o'flior mattei"ielat!ng "tcrffie prOeecdiitP. the DebtOf. or the
likclihoQd of recovery of the Claim. AS$ignor that it bas adequate infonnation concerning the business and tinancial condition of the Debtor
and the status of the Proceedings to make M informed decision rel!at'ding its sale of the Claim.
6. Assignee will assume all of the recovery risk in tenns of the amount paid on the Claim, if any, at emergence from bankruptcy or liquidation.
Assignee does not a."sume any of the relating to the of the claim attested to by the Assignor. In tbe event that the Claim is
disallowed, reduced, subordinau::d or impaired for any reason whatsoever. Assignor agrees lo immediately refund and pay to Assignee. a pro-
rata share of the Purchnse Price equal to the ratio of the amount of the Claim disallowed divided by the Claim. plus 8% interest per annum from
the date of this Agreement. until the date of repayrrtcnt. 'Ote Assignee. as set forth below, shall have no obligation to otherwise defend the
Claim. and the refund obligation of the Assignor pursuant to this section shall be absolutely payable to Assignee without regard to whether
Assignee defends the Claim. The Assignee or shall have t.he tight to defend the claim. only at it$ own expense and shall not look to
the counterparty for any reimbursement for legal expenses.
7, To the extent that it may be required by applicable law. Allsignor hereby irrevocably appoints Assignee or Jame." S. Riley as its ttue and
lawful altomey , as the true and lawful agent and special attorneys-in-filet of the Assignor with respect ro the Claim. with full power of
:;ubstitution (such power of attorney being deemed to be an irrevocable power coupled witlt an interest), and autbori7!es Assignee or James S.
Riley to aet in Assignor's stead, ro demand, sue for. compromise and recover all such amounts as now are. or may hereafter bcc::ome. due and
payable for or on account of lhe Claim, litigate f'Ot any damages. omissions or olhu related to this claim. vote in any proceedings. or any other
. to do aU necesSaf)
to Assigm:e fullliUtlll)tllY d' scretional'Y in nal.l.ltt
i grant!> un thi para&r&Ph ru:e ' ak.e an
or ptot.ect the illtel'ests of the Cla that powers granted b)' . S s\la\\ b,ave llO ob\i&ation to t' .
that s rtgnts \heL'e at Assignee's of or relating to t,he .