1
EXHIBIT 2.1
ASSIGNMENT FOR THE BENEFIT OF CREDITORS
ASSIGNMENT, made on May 4th, 1998, between STANDARD BRANDS OF AMERICA,
INC., A FLORIDA CORPORATION, with its former principal place of business at
0000 X. Xxxxxxxx Xxxxxxxxx, Xxxxxxx Xxxxx, XX 00000 (hereinafter "Assignor")
and XXXXXXX X. XXXXXXX AND XXXXXXX XXXXXXX & ASSOCIATES, INC., whose address
is 0000 Xxxxxxxx Xxxxxxx, Xxxxxxx, XX 00000 (hereinafter "Assignee").
WHEREAS, the Assignor has been engaged in the business of retail sales
of electronic equipment and appliances.
WHEREAS, the Assignor is indebted to creditors, as set forth in
Schedule A annexed hereto, is unable to pay its debts as they become due, and
is desirous of providing for the payment of its debtors, so far as it is
possible by an assignment of all of its assets for that purpose.
NOW, THEREFORE, the Assignor, in consideration of the Assignee's
acceptance of this Assignment, and for other good and valuable consideration,
hereby grants, assigns, conveys, transfers, and sets over, unto the Assignee,
his successors and assigns, all of its assets, except such assets as are exempt
by law from levy and sale under an execution, including, but not limited to,
all real property, fixtures, goods, stock, inventory, equipment, furniture,
furnishings, accounts receivable, bank deposits, cash, promissory notes, cash
value and proceeds of insurance policies, claims and demands
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belonging to the Assignor, wherever such assets may be located (collectively the
"Estate"), which assets are, to the best knowledge and belief of the Assignor,
set forth on Schedule B annexed hereto.
The Assignee shall take possession and administer the Estate in
accordance with the provisions of Chapter 727, Florida Statutes, and shall
liquidate the assets of the Estate with reasonable dispatch and convert the
Estate into money, collect all claims and demands hereby assigned as may be
collectible, and pay and discharge all reasonable expenses, costs, and
disbursements in connection with the execution and administration of this
Assignment from the proceeds of such liquidation and collections.
The Assignee shall then pay and discharge in full, to the extent that
funds are available in the Estate after payment of administrative expenses,
costs, and disbursements, all of the debts and liabilities now due from the
Assignor, including interest on such debts and liabilities. If funds of the
Estate shall not be sufficient to pay such debts and liabilities in full, then
the Assignee shall pay from funds of the estate such debts and liabilities, on
a pro rata basis and in proportion to their priority as set forth in Section
727.114, Florida Statutes.
In the event that all debts and liabilities are paid in full, any
funds of the Estate remaining shall be returned to the Assignor.
To accomplish the purposes of this Assignment, the Assignor hereby
appoints the Assignee its true and lawful attorney, irrevocable, with full
power and authority to do all acts and things which may be necessary to execute
the Assignment hereby created; to demand and recover from all persons all
assets of the Estate; to xxx for the recovery
2
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of such assets; to execute, acknowledge, and deliver all necessary deeds,
instruments, and conveyances; and to appoint one or more attorneys under him to
assist him in carrying out his duties hereunder.
The Assignor hereby authorizes the Assignee to sign the name of the
Assignor to any check, draft, promissory note, or other instrument in writing
which is payable to the order of the Assignor, or to sign the name of the
Assignor to any instrument in writing, whenever it shall be necessary to do so,
to carry out the purpose of this Assignment.
The Assignee hereby accepts the trust created by the Assignment, and
agrees with the Assignor that the Assignee will faithfully and without delay
carry out his duties under the Assignment.
/s/ Xxxxxxxx X. Xxxx STANDARD BRANDS OF AMERICA, INC.
------------------------------ a Florida corporation
(Signature)
Xxxxxxxx X. Xxxx By: /s/ Xxxxxx X. XxXxxxxxx
------------------------------ ----------------------------------
(Printed Name) XXXXXX X. XXXXXXXXX, PRESIDENT
/s/ Xxxx Xxxxx
------------------------------
(Signature)
Xxxx Xxxxx
------------------------------
(Printed Name)
3
4
STATE OF FLORIDA )
) SS
COUNTY OF MIAMI-DADE )
THE FOREGOING Assignment was acknowledged before me on May 4th, 1998, by
Xxxxxx X. XxXxxxxxx, President of STANDARD BRANDS OF AMERICA, INC., a Florida
corporation, as Assignor, who is personally known to me or ________________.
WITNESS my hand and official seal in the County and State last aforesaid on May
4th, 1998.
/s/ JULISTA XXXXXXXX
________________________________
Notary Public, State of Florida
OFFICIAL NOTARY SEAL
JULISTA XXXXXXXX
NOTARY PUBLIC STATE OF FLORIDA
COMMISSION NO. 00593623
MY COMMISSION ?
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SCHEDULE A - CREDITOR LIST
I. CREDITORS: See Exhibit A attached hereto.
II. WAGES OWED: NONE.
III. CONSUMER DEPOSITS: NONE.
IV. LIST OF ALL TAXES OWED: See Exhibit B attached hereto.
V. SECURED CLAIMS OWED: See Exhibit C attached hereto.
VI. OWNERS OR SHAREHOLDERS: Standard Brands of America, Inc.,
a Delaware corporation.
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SCHEDULE B - LIST OF ASSETS
I. NONEXEMPT PROPERTY:
1. REAL ESTATE/LEASEHOLD INTERESTS: NONE.
2. FIXTURES: NONE.
3. CASH AND BANK ACCOUNTS: NONE.
4. INVENTORY: NONE.
5. ACCOUNTS RECEIVABLE: NONE.
6. EQUIPMENT: NONE.
7. PREPAID EXPENSES: NONE.
8. OTHER - Check from BellSouth, in the amount of $18.73 (credit on account).
II. EXEMPT PROPERTY: NONE.
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EXHIBIT "A"
CREDITOR AMOUNT
-------- ------
A & E Truck Service, Inc............................................. 18.95
0000 Xxxxx Xxxxxx
Xxxx Xxxxx, XX 00000
Accent Business Products............................................. 371.00
X.X. Xxx 00000
Xxxx Xxxxx, XX 00000
Ace Business Forms, Inc.............................................. 5,997.22
0000 X.X. 00xx Xxxxx
Xxxxxxxxxx, XX 00000
Acoustic Research.................................................... 24.37
IJI Specialty Audio, Inc.
000 Xxxxx Xxxxx
Xxxxxxxx X
Xxxxxxx, XX 00000
ADT Security Systems, Inc............................................ 7,880.50
000 Xxxxx Xxxxxxxxx Xx
Xxxxxxxxxxxx, XX 00000
Aetna Life Insurance and Annuity..................................... 180.00
ALIAC Pension Customer Service
X.X. Xxx 000000
Xxxxxxxx, XX 00000-0000
Airborne Express..................................................... 1,066.31
X.X. Xxx 000
Xxxxxxx, XX 00000
All Broward Window Cleaning, Inc..................................... 206.70
X.X. Xxx 0000
Xxxxxxxx Xxxxx, XX 00000
All Service Refuse................................................... 344.16
000 X.X. 00xx Xxxxxx
Xxxx Xxxxxxxxxx, XX 00000
1
8
CREDITOR AMOUNT
-------- ----------
All Star Gas of Ft Xxxxx................................ 127.50
0000 Xxxxx Xxxxx
Xx Xxxxx, XX 00000
American Business Communication......................... 29,033.75
Page Now
00000 X.X. 00xx Xxxxxx
Xxxxx, XX 00000
American Express Centurion.............................. 215.45
X.X. Xxx 000000
Xxxxxx, XX 00000
American Express Travel Related Services................ 499.00
Company, Inc.
Account No. 409-594-118-3
X.X. Xxx 00000
Xxxxxxx, XX 00000-0000
American Realty Consultants, Inc........................ 357.60
0000 Xxxxx Xxxx 00
Xxxxx, XX 00000
AT&T.................................................... 44.17
Account No. 015 004 4298 001
X.X. Xxx 000000
Xxxxxxx, XX 00000-0000
AT&T.................................................... 1.26
Account No. 730 511 5933 001
X.X. Xxx 000000
Xxxxxxx, XX 00000-0000
AT&T Wireless Long Distance............................. 1.97
Account No. B42-954-980-1404-0-0
X.X. Xxx 00000
Xxxxx, XX 00000-0000
AT&T Wireless Long Distance............................. 29.56
Account No. B42-954-850-7885-0-7
X.X. Xxx 000000
Xxxxxxxx, XX 00000-0000
2
9
CREDITOR AMOUNT
-------- --------
Atlantic Ford Truck Sales, Inc. ....................... 5,037.12
x/x Xxxxxx X. Xxxxx, Xxx.
Xxxxxxxx, Xxxxxxxx, Equels & Furia
0000 Xxxxx Xxxxxxxx Xxxxx
Xxxxx 000
Xxxxx, XX 00000
Bank One ............................................... 96.00
X.X. Xxx 000
Xxxxxx, XX 00000
Xxxxxxx Financial Corporation .......................... 1,787.50
000 Xxxxx Xxxxxxx Xxxxxxx
Xxxxx 000
Xxxxxxx Xxxxx, XX 00000
Xxxx'oggetti Int'l Ltd. ................................ 591.00
000 Xxxxxx Xxxxx
Xxxxxxxxxxx, XX 00000
BellSouth .............................................. 92.21
Account No. 000-000-0000
X.X. Xxx 00000
Xxxxxxxxx, XX 00000-0000
Bellsouth Mobility ..................................... 524.83
Account No. 954-850-7885
X.X. Xxx 000000
Xxxx Xxxxxxxxxx, XX 00000-0000
Bellsouth Mobility .....................................
Account No. 954-850-7885
X.X. Xxx 000000
Xxxx Xxxxxxxxxx, XX 00000-0000
Cisco, Inc. Collection Agency .......................... 176.61
(Bellsouth Account No. 97846 11B)
0000 Xxxxxxxxx
Xxxxxxx, XX 00000
Cisco, Inc. Collection Agency .......................... 140.88
(Bellsouth Account No. 972327 11B)
0000 Xxxxxxxxx
Xxxxxxx, XX 00000
3
10
CREDITOR AMOUNT
-------- ------
Xxxxx Credit Corporation Collection Agency ......... 506.25
(Bellsouth)
0000 Xxxxxxxxx Xxxx Xxxxx, X.X.
Building 100, Suite 350
Norcross, Georgia 30071
BFI of Florida, Inc ................................ 574.36
Southeast Florida District
XX Xxx 000000
Xxxxxxx, XX 00000-0000
Xxxxxxxx-Xxxxxx Ind. .............................. 371.00
Southeast Florida District
XX Xxx 000000
Xxxxxxx, XX 00000-0000
Bug Out Service ................................... 220.48
0000 Xxxxxxxxx Xxxxxxxxxx
Xxxxxxxxxxxx, XX 00000-0000
Bureau of Collection Recovery ..................... 1,157.57
(BellSouth Mobility)
0000 Xxxxxxxx Xxxx
Xxxxxxxxxxx, XX 00000
Cable TV of Coral Springs ......................... 54.62
00000 X.X. 00xx Xx.
Xxxxx Xxxxxxx, XX 00000
Xxxxx & Xxxxxx Collection Agency .................. 996.40
(Cerberus Pyrotronics)
00 Xxxxxx Xxxx
Xxxxxxx, XX 00000
Xxxxx XXX, Inc. ................................... 68,083.62
X.X. Xxx 000000
Xxxxxxx, XX 00000
Cape Publications, Inc. ........................... 125,000.00
X.X. Xxx 00000
Xxxxxxx, XX 00000-0000
4
11
CREDITOR AMOUNT
-------- ------
C.B.C., Inc. Collection Agency..................... 2,713.40
(Allstate Insurance Co.)
000 Xxxxxx Xxxxxx
0xx Xxxxx
Xxxxxxx Xxxx, XX 00000
Citgo.............................................. 291.07
0000 X. Xxxxx Xxxxxx
Xxxxxxxxx, XX 00000
City of Cocoa...................................... 136.33
Utilities Department
X.X. Xxx 0000
Xxxxx, XX 00000-0000
City of Coral Springs.............................. 75.00
0000 Xxxxx Xxxxxxx Xxxxx
Xxxxx Xxxxxxx, XX 00000
Attn: Records Dept.-- Alarms
City of Fort Lauderdale............................ 28.68
Municipal Service Xxxx
000 Xxxxx Xxxxxxx Xxxxxx
Xxxx Xxxxxxxxxx, XX 00000-0000
City of Pompano Beach.............................. 25.00
X.X. Xxxxxx 0000
Xxxxxxx Xxxxx, XX 00000
Clarklift.......................................... 224.18
X.X. Xxx 000000
Xxxxxxx, XX 00000-0000
Coast Gas.......................................... 543.96
x/x Xxxxxxx Xxx Xxxxx
X.X. Xxx 000000
Xxxxxxxx, XX 00000-0000
Complete Business.................................. 334.96
d/b/a Ikon Office Solutions
0000 Xxxxxxxx Xxxxxxx
Xxxxxxx, XX 00000
5
12
CREDITOR AMOUNT
-------- ------
Commercial Credit Corporation ....................... in excess of
c/x Xxxxxxxxxxx & Xxxxxxxx LLP $15,000.00
000 X. Xxxxxxxx Xxxxxxxxx
Xxxxx, XX 00000
Conditioned Air & Associated Contractors, 540 N.W.... 39.00
000xx Xxxxxx
Xxxxx, XX
Continental Cablevision ............................. 167.44
X.X. Xxx 000000
Xxxx Xxxxxxxxxx, XX 00000-0000
Credit Collection Services .......................... 167.44
(Mediaone - Pompano Beach)
00 Xxxxx Xxxxxx
Xxxxxx, XX 00000
Credit Consultants Collection Agency ................ 42.61
(National Fire & Safety Corp.)
X.X. Xxx 0000
Xxxxxx, XX 00000
Credit Management, Inc. Collection Agency ........... 110.70
(Mediaone)
00000 Xxxxxx Xxxxxxx
Xxxxxx, XX 00000-0000
Credit Management, Inc. Collection Agency ........... 134.75
(Comcast Communications)
00000 Xxxxxx Xxxxxxx
Xxxxxx, XX 00000-0000
Credit Protection Association, Collection Agency..... 65.08
(Time Warner Cable)
X.X. Xxx 000000
Xxxxxxxxx, XX 00000-0000
Daewoo Electronics Corp. of America ................. 5,003.00
0000 X.X. 00xx Xxxxxx
Xxxxx, XX
6
13
CREDITOR AMOUNT
-------- --------
Day-Timers, Inc. ........................................... 28.90
X.X. Xxx 0000
Xxxxxxxxx, XX 00000-0000
Deception Control, Inc. .................................... 150.00
0000 X. Xxxxxxxxxx Xxxx.
Xx. Xxxxxxxxxx, XX 00000
Decisionone Corporation..................................... 2,794.87
X.X. Xxx 0000
Xxxxxx, XX 00000-0000
Denon Electronics........................................... 981.34
X.X. Xxx 00000
Xxxxxx, XX 00000-0000
Detectalert Alarm Center.................................... 243.80
00 Xxxx Xxx Xxxxxx
Xxxxxxxxx, XX 00000-0000
Xxx Xxxxx Truck Tire Centers................................ 22.21
X.X. Xxx 0000
Xxxxxxxxxx, XX 00000-0000
Dun & Bradstreet Information Services....................... 104.94
X.X. Xxx 00000
Xxxxxxx, XX 00000-0000
Xxxxx County................................................ 1,416.55
City of Jacksonville
000 X. Xxxxxxxx Xxxxxx
Xxxx 000
Xxxxxxxxxxxx, XX 00000-0000
EDP Supply South, Inc. ..................................... 1,595.18
000 X.X. 00xx Xxxxxx
Xxxxxxx Xxxxx, XX 00000
Empire Gas Inc. of Jacksonville............................. 536.04
0000 Xxx Xxxxx Xxxx Xxxxx
Xxxxxxxxxxxx, XX 00000-0000
Equifax Check Services, Inc. ............................... 9,762.34
X.X. Xxx 00000
Xxxxx, XX 00000-0000
7
14
CREDITOR AMOUNT
-------- -----------
Eveready Battery Co..................................... 3,762.88
0000 Xxxxxxxxx Xxxxxxx
Xxxxx 000
Xxxxxx, XX 00000
Florida Dept. of Revenue................................ *292,293.00
State of Florida
0000 X. Xxxxxxxxx Xxxxxx
Xxxxxxxxxxx, XX 00000-0000
FPL..................................................... 9,668.00
General Mail Facility
Xxxxx, XX 00000-0000
Flower Box.............................................. 75.58
0000 Xxxxx Xxxx
Xxxxxxxxx, XX 00000
Frigidaire Open Account................................. 2,500.00
X.X. Xxx 000000
Xxxxxxxxx, XX
The Florida Times Union................................. 125,561.00
Xxx Xxxxxxxxx Xxxxxx
Xxxx Xxxxxx Xxx 0000
Xxxxxxxxxxxx, XX 00000
Ft. Xxxxx Broadcasting Co............................... ,015.00
X.X. Xxx 0000
Xx. Xxxxx, XX 00000
GE Appliances........................................... 222.00
GECF Southeast Region
Southeast Service Center
X.X. Xxx 00000
Xxxxxxxxxxxx, XX 00000
Garage Doors of Naples.................................. 47.70
0 Xxxxxxx Xxxxxx Xxxxx
Xxxxxx, XX 00000
Gemini.................................................. 1,895.16
X.X. Xxx 00000
Xxxxxx Xxxxxx Xxxxxxx
Xxx Xxxx, XX 00000-0000
8
15
CREDITOR AMOUNT
-------- ------
General Electric Company............................ 329.27
GE Appliances - Retail
X.X. Xxx 000000
Xxxxxxx, XX 00000-0000
Godwins Booke & Xxxxxxxxx........................... 1,835.00
13535 Feather Xxxxx Xxxxx
Xxxxx 000
Xxxxxxxxxx, XX 00000-0000
Gold Coast Lighting & Electric Contractors, Inc. ... 3,885.66
X.X. Xxx 000000
Xxxxxxx, XX 00000-0000
Great American Leasing Corp. ....................... 133.13
X.X. Xxx 00000
Xxx Xxxxxx, XX 00000-0000
GT Air & Appliance.................................. 65.00
Address Unknown
Hearts & Flowers.................................... 103.88
00000 X. Xxxxxx Xx.
Xxxxx Xxxxxxx, XX 00000
Xxxxxxxx & Xxxxx CPA, P.A. ......................... 1,255.40
000 X. Xxxxxxxxx Xxxxxxxxx
Xxxxx 000X
Xxxxxxxxx Xxxxx, XX 00000
HRSI Merchant Billing............................... 985.59
X.X. Xxx 00000
Xxxxxxx, XX 00000-0000
IJI Home Speaker Division........................... 40,892.89
X.X. Xxx 00000
Xxxxx 000
Xxxxxxx, XX 00000-0000
Industrial Air Conditioning & Refrigeration, Inc. .. 5,279.95
0000 X.X. 0xx. Xx.
Xxxxx, XX 00000
9
16
CREDITOR AMOUNT
-------- ------
Interlect Distributors..................... 2,208.85
Address Unknown
Intermedia Communications 45.36
X.X. Xxx 000000
Xxxxxxx, XX 00000-0000
Intuit..................................... 00.00
Xxxx 0000
Xxx Xxxxxxx, XX 00000-0000
Jacksonville Electric Authority............ 2,516.30
00 Xxxx Xxxxxx Xxxxxx
Xxxxxxxxxxxx,.XX 00000-0000
JASCO Products Co., Inc.................... 2,848.50
X.X. Xxx 000
Xxxxxxxx Xxxx, XX 00000
JBL Consumer Products...................... 2,262.54
00 Xxxxxxxxx Xxxx Xxxx
Xxxxxxxx, XX 00000
Just In Time Distributors, Inc............. 223.75
000 Xxxxxxx Xxxxx
Xxxxxxxx, XX 00000
Xxxxx Security Systems..................... 320.01
Corporate Headquarters
0000 X. Xxxxxxx Xxxx.
Xx. Xxxxxxxxxx, XX 00000
Xxxx Nationalease Daily Rental, Inc........ 330.67
000 Xxxxxxxxx Xxxx
Xxxxxx, XX 00000-0000
LDC Associates............................. 53,228.00
00 Xxxxx Xxxxxxxx Xxxxxx
Xxxxx 000
Xxxxxxxxxxxx, XX 00000
LDDS Worldcom.............................. 3,895.96
X.X. Xxx 00000
Xxxxxxxxx, XX 00000-0000
10
17
CREDITOR AMOUNT
-------- ------
Xxx County Electric Cooperative, Inc............ 2,296.76
X.X. Xxx 0000
Xxxxx Xxxx Xxxxx, XX 00000-0000
Xxx Xxxxxx Utilities............................ 490.00
0000 XxXxxxxx Xxxxxxxxx
X.X. Xxx 0000
Xxxx Xxxxx, XX 00000-0000
Magic Chef...................................... 1,337.00
Address Unknown
Master Locks & Safe............................. 45.00
000 Xxxx Xxxx Xxxxx
Xxxxxxx, XX 00000
MCB Collection Services, Inc.................... 156.40
(City of Cocoa)
X.X. Xxx 0
Xxxx Xxxxx, XX 00000-0000
Merchant's Association (of Fla., Inc.).......... 37.28
00000 X.X. 0xx Xxxxxx Xxx. #000
Xxxxx, XX 00000
Metropolitan Life Insurance Co.................. 00.00
Xxx Xxxxxxx Xxxxxx
Xxx Xxxx, XX 00000
Micro-Trim...................................... 821.46
0000 X. Xxxxxxxxx Xxxxxxxxx
#000
Xxxxx Xxx, XX 00000
Mid-America Management Corp..................... 8,786.25
0000 Xxxxx Xxxxxx
0000 Xxxxxxxx Xxxxxx
Xxxxxxxxx, XX 00000-0000
Xxxxxx Business Products........................ 1,441.34
0000 Xxxx Xxxxxxx Xxxx. Xxxxx
Xxxxxxx Xxxxx, XX 00000
11
18
CREDITOR AMOUNT
-------- ------
MJA Technologies............................. 342.00
000 X. Xxxxxxxx Xxxxx
Xxxxxxxxx Xxxxx, XX 00000
Monster Cable Products....................... 90.33
000 Xxxxxx Xxx
Xxxxx Xxx Xxxxxxxxx, XX 00000-000
Mother's Citgo............................... 176.52
0000 X.X. 00xx Xxxxxx
Xxxxxxx Xxxxx, XX 00000
Naples Daily News............................ 6,661.00
0000 Xxxxxxx Xxxxxx
X.X. Xxx 0000
Xxxxxx, XX 00000
Naples Daily News............................ 69,242.70
X.X. Xxx 00000
Xxxxxx, XX 00000-0000
National Lift Truck Service.................. 4,725.12
0000 X.X. 00xx Xxxxxx
Xxxxxx, XX 00000
Nationwide Credit, Inc....................... 979.74
00000 X. Xxxxx Xxxxxx
Xxxxxx, XX 00000
News and Sun-Sentinel........................ 48,000.00
000 X. Xxx Xxxx Xxxxxxxxx
Xxxx Xxxxxxxxxx, XX 00000
Novus Services...............................
X.X. Xxx 00000
Xxxxxxxx, XX 00000-0000
Now Hear This Inc............................ 192.98
000 Xxxxx Xxxxx
Xxxxxxxx X
Xxxxxxx, XX 00000
Office Depot Card Plan....................... 609.95
X.X. Xxx 000000
Xxxxxxxx, XX 00000-0000
12
19
CREDITOR AMOUNT
-------- ------
Office Depot Credit Plan.................................. 1,444.54
Dept. 56-4100900124
Xxxx Xxxx Xxxx, XX 00000-0000
Office Specialists........................................ 543.50
00000 X.X. 00xx Xxxxxx Xxx. #000
Xxxxx, XX 00000
Oldds Communications...................................... 625.10
Address Unknown
Our Father................................................ 2,125.00
Address Unknown
Page Now.................................................. 81.55
00000 X.X. 00xx Xxxxxx
Xxxxx, XX 00000
Palm Beach Newspaper......................................18,760.00
000 Xxxxx Xxxxxxxx Xxx
Xxxx Xxxxx, XX 00000
Peerless Industries, Inc..................................50,306.00
0000 Xxxxxxxxx Xxxxxx
Xxxxxxx Xxxx, XX 00000
Penske Truck Leasing Co................................... 172.46
X.X. Xxx 000000
Xxxxxx, XX 00000-0000
Pest Relief, Inc.......................................... 31.80
0000 X.X. 00 Xxxxxx
Xxxxxxx Xxxx, XX 00000
Xxxxxxxx & Xxxxxx, Inc.................................... 2,228.30
d/b/a Prime Source Corporation
0000 Xxxxxxxx Xxxx.
Xxxxxxx, XX 00000
Pilgrim Mat Services...................................... 75.15
0000 00xx Xxxxxx
Xxxx Xxxx Xxxxx, XX 00000
13
20
CREDITOR AMOUNT
-------- ----------
Xxxxxxxxx, Xxxx.................................. 70.00
00000 00xx Xxxxx Xxxxx
Xxxxx Xxxx Xxxxx, XX 00000
Rangaire & Company............................... 5,983.53
X.X. Xxx 000
Xxxxxxx, XX 000000
Res Marketing Inc................................ 3,930.72
0000 Xxxx Xxxxxx Xxxxxx
X.X. Xxx 00000
Xxxxx, XX 00000-0000
Roadway Package System........................... 321.91
Dept. 40601
Xxxxxxx, XX 00000-0000
Rochester Midland................................ 31.80
00000 Xxxxxxxxx Xxxx
Xxxxxxxxx, XX 00000
Xxxx Xxxxxx, Trustee............................. 5,197.00
0000 Xxxxx Xxxx Xxxxx Xxxxxxxxx
#000
Xxxxx Xxxx Xxxxx, XX 00000
Xxxx Motor Freight Line, Inc..................... 834.14
00000 X.X. 00xx. Xxxxxx
Xxxxx, XX 00000
Sansui USA, Incorporated......................... 320,234.98
c/o Xxxxxxx Xxxxxx and Associates, Inc.
000 Xxxxx Xxxxxx Xxxxxx
Xxxxxx Xxxxx
Xxxxxxxxxxxx, XX 00000
Sarasota Herald Tribune.......................... 6,533.00
X.X. Xxxxxx 0000
Xxxxxxxx, XX 00000
Se-Kure Controls, Inc............................ 109.00
0000 Xxxxx Xxxxxx
Xxxxxxxx, XX 00000-0000
14
21
CREDITOR AMOUNT
-------- ------
Sensormatic Electronics Corporation.................. 4,165.70
X.X. Xxx 00000
Xxxxxxxxx, XX 00000
Service Office Supply................................ 67.47
0000-X0 Xxxxxxxxxx Xxxxx
Xxxxxxxxxxx, XX 00000
Shintom West Corp. of America........................ 5,122.00
00000 X. Xxxxxxx Xxxxxx
Xxxxxxxx, XX 00000
Sidcor 50/50 Associates.............................. 21,311.00
0000 X. Xxxxxx Xxxxxx
Xxxxxx, XX 00000
Signs & Things....................................... 171.35
0000 Xxxxxxxx Xxx.
Xxxxxx, XX 00000
Southern Xxxx........................................ 379.99
X.X. Xxx 000000
Xxxxxxx, XX 00000
Southern Sanitation Service.......................... 2,757.52
0000 X. Xxxxxxxxx Xx
Xxxxxxx Xxxxx, XX 00000-0000
Sprint............................................... 1,308.00
Account No. 000-000-0000
X.X. Xxx 000
Xxxxxxxxxx 000
Xxxxxx Xxxx, XX 00000-0000
Sprint............................................... 127.51
Account No. 000-000-0000
United Telephone
X.X. Xxx 000000
Xxxxxxxxx Xxxxxxx, XX 00000-0000
Sprint............................................... 1,323.71
Account No. 000-000-0000
United Telephone
X.X. Xxx 000000
Xxxxxxxxx Xxxxxxx, XX 00000-0000
15
22
CREDITOR AMOUNT
-------- ------
Sprint.................................................. 178.60
Account No. 000-000-0000
United Telephone
X.X. Xxx 000000
Xxxxxxxxx Xxxxxxx, XX 00000-0000
Sprint.................................................. 454.31
Account No. 000-000-0000
United Telephone
X.X. Xxx 000000
Xxxxxxxxx Xxxxxxx, XX 00000-0000
Standard & Poor's....................................... 925.00
0000 Xxxx Xxxxxxxx Xxxxxxxxx
Xxxxxxx Xxxxx, XX 00000-0000
SunTrust Bank South Florida, N.A........................ 55.00
6417-417007986
X.X. Xxx 000000
Xx. Xxxxxxxxxx, XX 00000-0000
Super Transport, Inc.................................... 668.00
X.X. Xxx 0000
Xxxx Xxxxx, XX 00000-0000
SW FL Polygraph Exam, Inc............................... 80.00
00000 Xxxxxxx Xxxx X.X.
Xxxxx 00
Xxxx Xxxxx, XX 00000
Tape Products Company................................... 122.36
00000 Xxxxxxxxx Xxxx
X.X. Xxx 00000
Xxxxxxxxxx, XX 00000
Technophone Corp........................................ 814.00
0000 Xxxx Xxxxxx
Xxxxx 0
Xxxxxxxxx, XX 00000
Telecheck............................................... 205.50
Reference 0396185031018
0000 Xxxxxxxxxx
Xxxxxxx, XX 00000
16
23
CREDITOR AMOUNT
-------- ---------
Terk Technologies Corp. ............................ 7,347.40
Address Unknown
The CIT Group/Commercial ........................... 137.10
0000 Xxxxx Xxxx Xxxxxx Xxxx
Xxxxxxxxxx, XX 00000
The Florida Times Union ............................ 12,806.00
Bullseye Marketing
Xxx Xxxxxxxxx Xxxxxx
X.X. Xxx 0000
Xxxxxxxxxxxx, XX 00000
Thomson Consumer Electronics ....................... 8,982.00
00000 X. Xxxxxxxx Xxxxxx
Mail Drop INH 230
Indianapolis, IN 46290-1024
Treasurer State of Maine ........................... 11,960.00
Xxxxx Xxxxx Xxxxxxx 00-X
Xxxxxxx, XX 00000
Tyler Software Inc. ................................ 28.58
0000 Xxxx Xxx Xxxxx
Xxxxx #000
Xxxxxxxxxx, XX 00000
United Creditors Alliance Corporation .............. 1,433.70
Collection Agency
(Office Depot)
000 Xxxxxxxx Xxxx
Xxxxxxx, XX 00000
United Telephone of FL ............................. 317.17
X.X. Xxx 000000
Xxxxxxxxx Xxxxxxx, XX 00000-0000
UPS Truck Leasing, Inc. ............................ 750.18
0000 X.X. 0xx. Xxxxxx
Xx. Xxxxxxxxxx, XX
Value Software Corp. ............................... 783.66
000 Xxxxxxxxxx Xxxxxx Xxxxxx
Xxx 0000
Xxxx Xxxx Xxxxx, XX 00000
17
24
CREDITOR AMOUNT
-------- -----------
Wallenbrocks........................................... 207.68
1870 Boy Xxxxx Xxxxx
Xxxxx #000
Xx. Xxxxx, XX 00000
Warrentech CPS, Inc.................................... $312,000.00
x/x Xxxxxxxxx Xxxx, Xxx.
Jorden, Burt, Berenson & Xxxxxxx LLP
000 Xxxxxxxx Xxxxxx
Xxxxx 000
Xxxxx, XX 00000
Waste Management of Xxxxxxx............................ 1,476.26
0000 Xxxxxxxx Xxx.
Xxxxxx, XX 00000-0000
WBBH-TV 20............................................. 1,259.00
X.X. Xxx 0000
Xx. Xxxxx, XX 00000
Western Waste Industries............................... 337.18
X.X. Xxx 0000
Xxxxxxxx, XX 00000-0000
Whirlpool.............................................. 202.95
X.X. Xxx 000000
Xxxxxxxxx, XX 00000-0000
Whirlpool Corp......................................... 204.69
X.X. Xxx 00000
Xxxxxxx, XX 000000-0000
WJXT-TV 20............................................. 1,001.00
0000 Xxxxxxxxxxx Xxxx
Xxxxxxxxxxxx, XX 00000
WPLG-TV................................................ 1,749.00
0000 Xxxxxxxx Xxxx.
Xxxxx, XX 00000
WTVJ-TV................................................. 6,592.00
000 X. Xxxxx Xxxxxx
Xxxxx, XX 00000
18
25
CREDITOR AMOUNT
-------- ------
WZVN - Channel 7.......................... 2,040.00
X.X. Xxx 0000
0000 Xxxxxxx Xxxxxx
Xxxx Xxxxx, XX 00000-0000
19
26
EXHIBIT "B"
CREDITOR AMOUNT
-------- ------
Broward County Revenue Department....................... in excess of
Collection Division 9,177.16
Governmental Center Annex
000 X. Xxxxxxx Xxxxxx
Xxxx Xxxxxxxxxx, XX 00000
Xxx Xxxxxx Tax Collector................................ 1,620.20
X.X. Xxx 0000
Xx. Xxxxx, XX 00000-0000
Xxxxxxx Xxxxxxx......................................... 1,523.00
Xxxxx County Tax Collector
Tangible Personal Property Taxes Division
000 X. Xxxxxxx Xxxxxx
Xxxx 000
Xxxxxxxxxxxx, XX 00000-0000
Xxx Xxxxxxxxx........................................... 102.74
Tangible Personal Property Taxes Division
Brevard County Tax Collector
X.X. Xxx 0000
Xxxxxxxxxx, XX 00000-0000
State of Florida........................................ 26,156.76
Department of Labor and Employment Security
Division of Unemployment Compensation
Bureau of Tax
Xxxxxxxx Xxxxxxxx
Xxxxxxxxxxx, XX 00000-0000
State of Florida........................................ unknown
Department of Revenue
Sales and Use Tax
0000 X. Xxxxxxxxx Xxxxxx
Xxxxxxxxxxx, XX 00000-0000
20
27
EXHIBIT "C"
CREDITOR AMOUNT
-------- -------------
AT&T Commercial Finance Corp................................ 31,253.00
0000 Xxxxxxx Xxxx
Xxxxx 000
Xxxxxxx, XX 00000
Frigidaire Company.......................................... in excess of
x/x Xxxxx X. Xxxxxxx, Xxx. $185,248.00
Xxxxx, McCloskey, Smith, et al.
000 X. Xxxxxxx Xxxxxxxxx
Xxxxx 0000
Xxxx Xxxxxxxxxx, XX 00000
General Electric Capital Corporation........................ 1,362,442.86
X.X. Xxx 00000
Xxxxxxxxxxxx, XX 00000-0000
Maytag Corporation/Maytag Financial Services Corporation.... in excess of
c/o Xxxx X. Xxxxxx, Esq. $5,000,000.00
Elk, Bankier, Palmer & Christu
0000 X. Xxxxxxx Xxxxxxx
Xxxxx 000-X
Xxxx Xxxxx, XX 00000
Whirlpool Financial Company................................. in excess of
c/o Xxxx X. Xxxxxxxxx, Esq. $100,000.00
Stroock & Stroock & Xxxxx LLP
000 Xxxxx Xxxxxxxx Xxxxxxxxx
First Union Financial Center
00xx Xxxxx
Xxxxx, XX 00000
21
28
OATH OF ASSIGNOR
KNOW ALL MEN BY THESE PRESENTS, that STANDARD BRANDS OF AMERICA, INC., a
Florida corporation, formerly doing business in Broward County, Florida, has
executed an Assignment for the Benefit of Creditors ("Assignment") and that the
true intention of the Assignment is to place in the hands of its Assignee all
of its property of every description, except such property as is exempt by law
from forced sale, to be divided among the creditors in proportion to their
respective demands and legal rights.
WITNESSES: STANDARD BRANDS OF FLORIDA,
INC., a Florida corporation
/s/ Xxxxxxxx X. XxXxxxxxx
----------------------------------
(Signature)
Xxxxxxxx X. XxXxxxxxx By: /s/ Xxxxxx X. XxXxxxxxx
---------------------------------- -----------------------------
(Printed Name) XXXXXX X. XXXXXXXXX
/s/ Xxxxxx Xxxxxxxxxx
----------------------------------
(Signature)
Xxxxxx Xxxxxxxxxx
----------------------------------
(Printed Name)
STATE OF FLORIDA )
COUNTY OF BROWARD )
BEFORE ME, the undersigned authority, duly authorized to take
acknowledgements, personally appeared XXXXXX X. XXXXXXXXX, President of
Standard Brands of Florida, Inc., a Florida corporation, who has provided
Florida Driver License No. _____________________ as identification.
WITNESS my hand and official seal in the County and State last aforesaid on
May 6, 1998.
/s/ Xxxxxx Xxxxxxxxxx
[SEAL] ----------------------------------
Notary Public, State of Florida
