Document/Exhibit Description Pages Size
1: 8-K Current Report 5 18K
2: EX-99.1 Form 6. Schedules 23 80K
3: EX-99.2 Form 7. Statement of Financial Affairs 19 83K
4: EX-99.3 Form 6. Schedules 27 148K
5: EX-99.4 Form 7. Statement of Financial Affairs 33 180K
6: EX-99.5 Form 6. Schedules 142 1.00M
7: EX-99.6 Form 7. Statement of Financial Affairs 98 629K
EXHIBIT 99.2
FORM 7. STATEMENT OF FINANCIAL AFFAIRS
UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
In Re: Twin Laboratories (UK) Ltd. Case No. 03-15563 (CB)
Debtors Chapter 11
STATEMENT OF FINANCIAL AFFAIRS
This statement is to be completed by every debtor. Spouses filing a joint
petition may file a single statement on which the information for both spouses
is combined. If the case is filed under chapter 12 or chapter 13, a married
debtor must furnish information for both spouses whether or not a joint petition
is filed, unless the spouses are separated and a joint petition is not filed. An
individual debtor engaged in business as a sole proprietor, partner, family
farmer, or self-employed professional, should provide the information requested
on this statement concerning all such activities as well as the individual's
personal affairs.
Questions 1 - 18 are to be completed by all debtors. Debtors that are or have
been in business, as defined below, also must complete Questions 19 - 25. If the
answer to an applicable question is "None," mark the box labeled "None." If
additional space is needed for the answer to any question, use and attach a
separate sheet properly identified with the case name, case number (if known),
and the number of the question.
DEFINITIONS
"IN BUSINESS." A debtor is "in business" for the purpose of this form if the
debtor is a corporation or partnership. An individual is "in business" for the
purpose of this form if the debtor is or has been, within the six years
immediately preceding the filing of the bankruptcy case, any of the following:
an officer, director, managing executive, or owner of 5 percent or more of the
voting or equity securities of a corporation; a partner, other than a limited
partner, of a partnership; a sole proprietor or self-employed.
"INSIDER." The term "insider" includes but is not limited to: relatives of the
debtor; general partners of the debtor and their relatives; corporations of
which the debtor is an officer, director, or person in control; officers,
directors, and any owner of 5 percent or more of the voting or equity securities
of a corporate debtor and their relatives; affiliates of the debtor and insiders
of such affiliates; any managing agent of the debtor.
11 U.S.C. Section 101 (31)
Page 1 of 19
FORM 7. STATEMENT OF FINANCIAL AFFAIRS
UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
In Re: Twin Laboratories (UK) Ltd. Case No. 03-15563 (CB)
Debtors Chapter 11
1. INCOME FROM EMPLOYMENT OR OPERATION OF BUSINESS.
None
[ ]
State the gross amount of income the debtor has received from
employment, trade, or profession, or from operation of the
debtor's business from the beginning of this calendar year to the
date this case was commenced. State also the gross amounts
received during the two years immediately preceding this calendar
year. (A debtor that maintains, or has maintained, financial
records on the basis of a fiscal rather than a calendar year may
report fiscal year income. Identify the beginning and ending dates
of the debtor's fiscal year.) If a joint petition is filed, state
income for each spouse separately. (Married debtors filing under
chapter 12 or chapter 13 must state income of both spouses whether
or not a joint petition is filed, unless the spouses are separated
and a joint petition is not filed.)
[Download Table]
YEAR SOURCE (if more than one) AMOUNT (b)
-------------------------------------------------------------------------
2003 (a) Third Party Sales $ 0
Inter-Company Commissions $ 213,108
----------
Total 2003 (a) $ 213,108
2002 Third Party Sales $ 401,600
Inter-Company Commissions $ 186,325
----------
Total 2002 $ 587,926
2001 Third Party Sales $ 879,077
Inter-Company Commissions $ 194,299
----------
Total 2001 $1,073,376
(a) Through September 4, 2003.
(b) Income converted to US Dollars from British Pounds at the prevailing
average monthly exchange rate in effect when the transactions occurred.
2. INCOME OTHER THAN FROM EMPLOYMENT OR OPERATION OF BUSINESS.
State the amount of income received by the debtor other than from
employment, trade, profession, or operation of the debtor's
business during the two years immediately preceding the
commencement of this case. Give particulars. If a joint petition
is filed, state income for each spouse separately. (Married
debtors filing under chapter 12 or chapter 13 must state income
for each spouse whether or not a joint petition is filed, unless
the spouses are separated and a joint petition is not filed.)
None
[ ]
[Download Table]
YEAR SOURCE (if more than one) AMOUNT (b)
--------------------------------------------------------
2003 (a) Interest Income $ 375
2002 N/A $ 0
2001 N/A $ 0
(a) Through September 4, 2003.
(b) Income converted to US Dollars from British Pounds at the prevailing
exchange rate on September 4, 2003 where 1GBP = $1.57160.
Page 2 of 19
FORM 7. STATEMENT OF FINANCIAL AFFAIRS
UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
In Re: Twin Laboratories (UK) Ltd. Case No. 03-15563 (CB)
Debtors Chapter 11
3. PAYMENTS TO CREDITORS.
None
[ ]
a. List all payments on loans, installment purchases of goods or
services, and other debts, aggregating more than $600 to any
creditor, made within 90 days immediately preceding the
commencement of this case. (Married debtors filing under chapter
12 or chapter 13 must include payments by either or both spouses
whether or not a joint petition is filed, unless the spouses are
separated and a joint petition is not filed.)
[Download Table]
NAME AND ADDRESS OF CREDITOR DATES OF PAYMENTS AMOUNT PAID
--------------------------------------------------------------------------
See Attachment SOFA 3(a)
None
[X]
b. List all payments made within one year immediately preceding the
commencement of this case to or for the benefit of creditors who
are or were insiders. (Married debtors filing under chapter 12 or
chapter 13 must include payments by either or both spouses
whether or not a joint petition is filed, unless the spouses are
separated and a joint petition is not filed.)
[Download Table]
NAME AND ADDRESS OF CREDITOR AND RELATIONSHIP DATES OF
TO DEBTOR PAYMENT AMOUNT PAID
------------------------------------------------------------------------------
4. SUITS AND ADMINISTRATIVE PROCEEDINGS, EXECUTIONS, GARNISHMENTS,
AND ATTACHMENTS.
None
[X]
a. List all suits and administrative proceedings to which the debtor
is or was a party within one year immediately preceding the
filing of this bankruptcy case. (Married debtors filing under
chapter 12 or chapter 13 must include information concerning
either or both spouses whether or not a joint petition is filed,
unless the spouses are separated and a joint petition is not
filed.)
[Enlarge/Download Table]
COURT OR
NATURE OF AGENCY AND
CAPTION OF SUIT AND CASE NUMBER PROCEEDING LOCATION STATUS OR DISPOSITION
----------------------------------------------------------------------------------------------
Page 3 of 19
FORM 7. STATEMENT OF FINANCIAL AFFAIRS
UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
In Re: Twin Laboratories (UK) Ltd. Case No. 03-15563 (CB)
Debtors Chapter 11
None
[X]
b. Describe all property that has been attached, garnished, or
seized under any legal or equitable process within one year
immediately preceding the commencement of this case. (Married
debtors filing under chapter 12 or chapter 13 must include
information concerning property of either or both spouses whether
or not a joint petition is filed, unless the spouses are
separated and a joint petition is not filed.)
[Enlarge/Download Table]
NAME AND ADDRESS OF PERSON FOR
WHOSE BENEFIT PROPERTY WAS
SEIZED DATE OF SEIZURE DESCRIPTION AND VALUE OF PROPERTY
------------------------------------------------------------------------------------------------
5. REPOSSESSIONS, FORECLOSURES, AND RETURNS.
None
[X]
List all property that has been repossessed by a creditor, sold
at a foreclosure sale, transferred through a deed in lieu of
foreclosure or returned to the seller, within one year
immediately preceding the commencement of this case. (Married
debtors filing under chapter 12 or chapter 13 must include
information concerning property of either or both spouses whether
or not a joint petition is filed, unless the spouses are
separated and a joint petition is not filed.)
[Enlarge/Download Table]
DATE OF REPOSSESSION,
NAME AND ADDRESS OF CREDITOR OR FORECLOSURE SALE, TRANSFER OR
SELLER RETURN DESCRIPTION AND VALUE OF PROPERTY
----------------------------------------------------------------------------------------------------------
6. ASSIGNMENTS AND RECEIVERSHIPS.
None
[X]
a. Describe any assignment of property for the benefit of creditors
made within 120 days immediately preceding the commencement of
this case. (Married debtors filing under chapter 12 or chapter 13
must include information concerning property of either or both
spouses whether or not a joint petition is filed, unless the
spouses are separated and a joint petition is not filed.)
[Enlarge/Download Table]
NAME AND ADDRESS OF ASSIGNEE DATE OF ASSIGNMENT TERMS OF ASSIGNMENT OR SETTLEMENT
------------------------------------------------------------------------------------------------
Page 4 of 19
FORM 7. STATEMENT OF FINANCIAL AFFAIRS
UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
In Re: Twin Laboratories (UK) Ltd. Case No. 03-15563 (CB)
Debtors Chapter 11
None
[X]
b. List all property which has been in the hands of a custodian,
receiver, or court-appointed official within one year immediately
preceding the commencement of this case. (Married debtors filing
under chapter 12 or chapter 13 must include information
concerning property of either or both spouses whether or not a
joint petition is filed, unless the spouses are separated and a
joint petition is not filed.)
[Enlarge/Download Table]
NAME AND
LOCATION OF
COURT CASE DESCRIPTION AND
NAME AND ADDRESS OF CUSTODIAN TITLE & NUMBER DATE OF ORDER VALUE OF PROPERTY
-------------------------------------------------------------------------------------------------
7. GIFTS.
None
[X]
List all gifts or charitable contributions made within one year
immediately preceding the commencement of this case except
ordinary and usual gifts to family members aggregating less than
$200 in value per individual family member and charitable
contributions aggregating less than $100 per recipient. (Married
debtors filing under chapter 12 or chapter 13 must include
information concerning property of either or both spouses whether
or not a joint petition is filed, unless the spouses are
separated and a joint petition is not filed.)
[Enlarge/Download Table]
RELATIONSHIP
TO DEBTOR, IF DESCRIPTION AND
NAME AND ADDRESS OF PERSON OR ORGANIZATION ANY DATE OF GIFT VALUE OF GIFT
-----------------------------------------------------------------------------------------------
8. LOSSES.
None
[X]
List all losses from fire, theft, other casualty or gambling
within one year immediately preceding the commencement of this
case or since the commencement of this case. (Married debtors
filing under chapter 12 or chapter 13 must include information
concerning property of either or both spouses whether or not a
joint petition is filed, unless the spouses are separated and a
joint petition is not filed.)
[Enlarge/Download Table]
DESCRIPTION OF CIRCUMSTANCES
AND, IF LOSS WAS COVERED IN
DESCRIPTION OF PROPERTY AND WHOLE OR IN PART BY INSURANCE
VALUE OF PROPERTY GIVE PARTICULARS DATE OF LOSS
-------------------------------------------------------------------------------------
Page 5 of 19
FORM 7. STATEMENT OF FINANCIAL AFFAIRS
UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
In Re: Twin Laboratories (UK) Ltd. Case No. 03-15563 (CB)
Debtors Chapter 11
9. PAYMENTS RELATED TO DEBT COUNSELING OR BANKRUPTCY.
None
[X]
List all payments made or property transferred by or on behalf of
the debtor to any persons, including attorneys, or consultation
concerning debt consolidation, relief under the bankruptcy laws,
preparation of a petition in bankruptcy within one year
immediately preceding the commencement of this case.
[Enlarge/Download Table]
DATE OF PAYMENT, NAME OF AMOUNT OF MONEY OR DESCRIPTION AND
NAME AND ADDRESS OF PAYEE PAYOR IF OTHER THAN DEBTOR VALUE OF PROPERTY
-----------------------------------------------------------------------------------------------------------
10. OTHER TRANSFERS.
None
[X]
List all other property, other than property transferred in the
ordinary course of the business or financial affairs of the
debtor transferred either absolutely or as security within one
year immediately preceding the commencement of this case.
(Married debtors filing under chapter 13 must include information
concerning property of either or both spouses whether or not a
joint petition is filed, unless the spouses are separated and a
joint petition is not filed.)
[Download Table]
NAME AND ADDRESS OF TRANSFEREE AND DESCRIBE PROPERTY TRANSFERRED AND
RELATIONSHIP TO DEBTOR DATE VALUE RECEIVED
---------------------------------------------------------------------------------
11. CLOSED FINANCIAL ACCOUNTS.
None
[X]
List all financial accounts and instruments held in the name of
the debtor or for the benefit of the debtor which were closed,
sold, or otherwise transferred within one year immediately
preceding the commencement of this case. Include checking,
saving, or other financial accounts, certificates of deposit, or
other instruments; shares and share accounts held in banks,
credit unions, pension funds, cooperatives, associations,
brokerage houses and other financial institutions (Married
debtors filing under chapter 12 or chapter 13 must include
information concerning property of either or both spouses whether
or not a joint petition is filed, unless the spouses are
separated and a joint petition is not filed.)
[Enlarge/Download Table]
DATE OF SALE/CLOSING AND FINAL
NAME AND ADDRESS OF INSTITUTION TYPE AND ACCOUNT NUMBER BALANCE
-------------------------------------------------------------------------------------------------
Page 6 of 19
FORM 7. STATEMENT OF FINANCIAL AFFAIRS
UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
In Re: Twin Laboratories (UK) Ltd. Case No. 03-15563 (CB)
Debtors Chapter 11
12. SAFE DEPOSIT BOXES.
None
[X]
List each safe deposit box or other box or depository in which
the debtor has or had securities, cash, or other valuables within
one year immediately preceding the commencement of this case.
(Married debtors filing under chapter 12 or chapter 13 must
include information concerning property of either or both spouses
whether or not a joint petition is filed, unless the spouses are
separated and a joint petition is not filed.)
[Enlarge/Download Table]
NAMES AND ADDRESSES OF THOSE
NAME AND ADDRESS OF BANK OR WITH ACCESS TO BOX OR DESCRIPTION OF DATE OF TRANSFER OR
OTHER DEPOSITORY DEPOSITORY CONTENTS SURRENDER, IF ANY
----------------------------------------------------------------------------------------------------------------
13. SETOFFS.
None
[X]
List all setoffs made by any creditor, including a bank, against
debts or deposits of the debtor within 90 days preceding the
commencement of this case. (Married debtors filing under chapter
12 or chapter 13 must include information concerning property of
either or both spouses whether or not a joint petition is filed,
unless the spouses are separated and a joint petition is not
filed.)
[Download Table]
NAME AND ADDRESS OF CREDITOR DATE OF SETOFF AMOUNT OF SETOFF
-------------------------------------------------------------------------------
14. PROPERTY HELD FOR ANOTHER PERSON.
None
[X]
List all property owned by another person that the debtor holds
or controls.
[Enlarge/Download Table]
DESCRIPTION OF VALUE OF
NAME AND ADDRESS OF OWNER PROPERTY PROPERTY LOCATION OF PROPERTY
---------------------------------------------------------------------------------------------
Page 7 of 19
FORM 7. STATEMENT OF FINANCIAL AFFAIRS
UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
In Re: Twin Laboratories (UK) Ltd. Case No. 03-15563 (CB)
Debtors Chapter 11
15. PRIOR ADDRESS OF DEBTOR.
None
[ ]
If the debtor has moved within the two years immediately
preceding the commencement of this case, list all premises which
the debtor occupied during that period and vacated prior to the
commencement of this case. If a joint petition is filed, report
also any separate address of either spouse.
[Enlarge/Download Table]
ADDRESS NAME USED DATES OF OCCUPANCY
-------------------------------------------------------------------------------------------
Pegasus Business Park Twin Laboratories (UK) Ltd. 9/2001 to 1/2003
Castle Donnington
Derbyshire
DE74 2TZ
3-5 High Pavement Twin Laboratories (UK) Ltd. 1/1999 to 9/2001
Nottingham
NG1 1HF
16. SPOUSES AND FORMER SPOUSES.
None
[X]
If the debtor resides or resided in a community property state,
commonwealth, or territory (including Alaska, Arizona,
California, Idaho, Louisiana, Nevada, New Mexico, Puerto Rico,
Texas, Washington, or Wisconsin) within the six-year period
immediately preceding the commencement of the case, identify the
name of the debtor's spouse and of any former spouse who resides
or resided with the debtor in the community property state.
NAME
Page 8 of 19
FORM 7. STATEMENT OF FINANCIAL AFFAIRS
UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
In Re: Twin Laboratories (UK) Ltd. Case No. 03-15563 (CB)
Debtors Chapter 11
17. ENVIRONMENTAL INFORMATION.
For the purpose of this question, the following definitions
apply:
"Environmental Law" means any federal, state, or local statute or
regulation pollution, contamination, releases of hazardous or
toxic substances, wastes or material into the air, land, soil,
surface water, groundwater, or other medium, including, but not
limited to, statutes or regulations regulating the cleanup of
these substances, wastes, or material.
"Site" means any location, facility, or property as defined under
any Environmental Law, whether or not presently or formerly owned
or operated by the debtor, including, but not limited to,
disposal sites.
"Hazardous Material" means anything defined as a hazardous waste,
hazardous substance, toxic substance, hazardous material,
pollutant, contaminant or similar term under an Environmental
Law.
None
[X]
a. List the name and address of every site for which the debtor has
received notice in writing by a governmental unit that it may be
liable or potentially liable under or in violation of an
Environmental Law. Indicate the governmental unit, the date of
the notice, and, if known, the Environmental Law:
[Enlarge/Download Table]
NAME AND ADDRESS OF
SITE NAME AND ADDRESS GOVERNMENTAL UNIT DATE OF NOTICE ENVIRONMENTAL LAW
-------------------------------------------------------------------------------------------------
None
[X]
b. List the name and address of every site for which the debtor
provided notice to a governmental unit of a release of Hazardous
Material. Indicate the governmental unit to which the notice was
sent and the date of the notice.
[Enlarge/Download Table]
NAME AND ADDRESS OF
SITE NAME AND ADDRESS GOVERNMENTAL UNIT DATE OF NOTICE ENVIRONMENTAL LAW
-------------------------------------------------------------------------------------------------
None
[X]
c. List all judicial or administrative proceedings, including
settlements or orders, under any Environmental Law with respect
to which the debtor is or was a party. Indicate the name and
address of the governmental unit that is or was a parry to the
proceeding, and the docket number.
[Download Table]
NAME AND ADDRESS OF DOCKET NUMBER STATUS OR DISPOSITION
-----------------------------------------------------------------------------
Page 9 of 19
FORM 7. STATEMENT OF FINANCIAL AFFAIRS
UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
In Re: Twin Laboratories (UK) Ltd. Case No. 03-15563 (CB)
Debtors Chapter 11
18. NATURE, LOCATION, AND NAME OF BUSINESS.
None
[X]
a. If the debtor is an individual, list the names, addresses,
taxpayer identification numbers, nature of the businesses, and
beginning and ending dates of all businesses in which the debtor
was an officer, director, partner, or managing executive of a
corporation, partnership, sole proprietorship, or was a
self-employed professional within the six years immediately
preceding the commencement of this case, or in which the debtor
owned 5 percent or more of the voting or equity securities within
the six years immediately preceding the commencement of this
case.
If the debtor is a partnership, list the names, addresses,
taxpayer identification numbers, nature of the businesses, and
beginning and ending dates of all businesses in which the debtor
was a partner or owned 5 percent or more of the voting or equity
securities, within the six years immediately preceding the
commencement of this case.
If the debtor is a corporation, list the names, addresses,
taxpayer identification numbers, nature of the businesses, and
beginning and ending dates of all businesses in which the debtor
was a partner or owned 5 percent or more of the voting or equity
securities within the six years immediately preceding the
commencement of this case.
[Enlarge/Download Table]
TAXPAYER I.D. NATURE OF BEGINNING AND
NAME NUMBER ADDRESS BUSINESS ENDING DATES
--------------------------------------------------------------------------------------
None
[X]
b. Identify any business listed in response to subdivision a.,
above, that is "single asset real estate" as defined in 11
U.S.C. Section 101.
[Download Table]
NAME ADDRESS
------------------------------------------------------
The following questions are to be completed by every debtor that
is a corporation or partnership and by any individual debtor who
is or has been, within the six years immediately preceding the
commencement of this case, any of the following: an officer,
director, managing executive, or owner of more than 5 percent of
the voting or equity securities of a corporation; a partner,
other than a limited partner, of a partnership; a sole proprietor
or otherwise self-employed.
(An individual or joint debtor should complete this portion of
the statement only if the debtor is or has been in business, as
defined above, within the six years immediately preceding the
commencement of this case. A debtor who has not been in business
within those six years should go directly to the signature page.)
Page 10 of 19
FORM 7. STATEMENT OF FINANCIAL AFFAIRS
UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
In Re: Twin Laboratories (UK) Ltd. Case No. 03-15563 (CB)
Debtors Chapter 11
19. BOOKS, RECORDS AND FINANCIAL STATEMENTS.
None
[ ]
a. List all bookkeepers and accountants who within the two years
immediately preceding the filing of this bankruptcy case kept or
supervised the keeping of books of account and records of the
debtor.
[Download Table]
NAME AND ADDRESS DATES SERVICES RENDERED
------------------------------------------------------
See Attachment SOFA 19(a)
None
[ ]
b. List all firms or individuals who within the two years
immediately preceding the filing of this bankruptcy case have
audited the books of account and records, or prepared a financial
statement of the debtor.
[Download Table]
NAME ADDRESS DATES SERVICES RENDERED
-----------------------------------------------------------------------------------
Ashbys Accountants Welbech House 9/4/01 to present
69 Loughborough Road
West Bridgford
Nottingham NG27LA
United Kingdom
None
[ ]
c. List all firms or individuals who at the time of the commencement
of this case were in possession of the books of account and
records of the debtor. If any of the books of account and records
are not available, explain.
[Download Table]
NAME ADDRESS
------------------------------------------------
See Attachment SOFA 19(c)
Page 11 of 19
FORM 7. STATEMENT OF FINANCIAL AFFAIRS
UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
In Re: Twin Laboratories (UK) Ltd. Case No. 03-15563 (CB)
Debtors Chapter 11
None
[ ]
d. List all financial institutions, creditors, and other parties,
including mercantile and trade agencies, to whom a financial
statement was issued within the two years immediately preceding
the commencement of this case by the debtor.
[Download Table]
NAME AND ADDRESS DATE ISSUED
-------------------------------------------------------
Inland Revenue 4/9/2002 and 12/31/2002
Nottingham 2
Mowbray House
Castle Meadow Road
Nottingham NG2 1BQ
United Kingdom
Companies House 11/16/2001 and 11/1/2002
Crown Way
Cardiff CF14 3UZ
United Kingdom
20. INVENTORIES.
None
[X]
a. List the dates of the last two inventories taken of your
property, the name of the person who supervised the taking of
each inventory, and the dollar amount and basis of each
inventory.
[Enlarge/Download Table]
DOLLAR AMOUNT OF INVENTORY
DATE OF INVENTORY INVENTORY SUPERVISOR (Specify cost, market, or other basis)
-----------------------------------------------------------------------------------------------------
None
[X]
b. List the name and address of the person having possession of the
records of each of the two inventories reported in a., above.
[Download Table]
NAME AND ADDRESS OF CUSTODIAN OF INVENTORY
DATE OF INVENTORY RECORDS
-------------------------------------------------------------------------
Page 12 of 19
FORM 7. STATEMENT OF FINANCIAL AFFAIRS
UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
In Re: Twin Laboratories (UK) Ltd. Case No. 03-15563 (CB)
Debtors Chapter 11
21. CURRENT PARTNERS, OFFICERS, DIRECTORS AND SHAREHOLDERS.
None
[X]
a. If the debtor is a partnership, list the nature and percentage of
partnership interest of each member of the partnership.
[Enlarge/Download Table]
NAME AND ADDRESS NATURE OF INTEREST PERCENTAGE OF INTEREST
-------------------------------------------------------------------------------------
None
[ ]
b. If the debtor is a corporation, list all officers and directors
of the corporation, and each stockholder who directly or
indirectly owns, controls, or holds 5 percent or more of the
voting securities of the corporation.
[Enlarge/Download Table]
NATURE AND PERCENTAGE OF STOCK
NAME AND ADDRESS TITLE OWNERSHIP
--------------------------------------------------------------------------------------
See Attachment SOFA 21(b)
22. FORMER PARTNERS, OFFICERS, DIRECTORS, AND SHAREHOLDERS.
None
[X]
a. If the debtor is a partnership, list each member who withdrew
from the partnership within one year immediately preceding the
commencement of this case.
[Download Table]
NAME ADDRESS DATE OF WITHDRAWAL
---------------------------------------------------------------------------------
None
[X]
b. If the debtor is a corporation, list all officers, or directors
whose relationship with the corporation terminated within one
year immediately preceding the commencement of this case.
[Download Table]
NAME AND ADDRESS TITLE DATE OF TERMINATION
----------------------------------------------------------------------------------
Page 13 of 19
FORM 7. STATEMENT OF FINANCIAL AFFAIRS
UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
In Re: Twin Laboratories (UK) Ltd. Case No. 03-15563 (CB)
Debtors Chapter 11
23. WITHDRAWALS FROM A PARTNERSHIP OR DISTRIBUTIONS BY A CORPORATION.
None
[X]
If the debtor is a partnership or corporation, list all
withdrawals or distributions credited or given to an insider,
including compensation in any form, bonuses, loans, stock
redemptions, options exercised and any other perquisite during
one year immediately preceding the commencement of this case.
[Enlarge/Download Table]
NAME & ADDRESS OF RECIPIENT, DATE AND PURPOSE OF AMOUNT OF MONEY OR DESCRIPTION AND
RELATIONSHIP TO DEBTOR WITHDRAWAL VALUE OF PROPERTY
------------------------------------------------------------------------------------------
24. TAX CONSOLIDATION GROUP.
None
[ ]
If the debtor is a corporation, list the name and federal
taxpayer identification number of the parent corporation of any
consolidated group for tax purposes of which the debtor has been
a member at any time within the six-year period immediately
preceding the commencement of the case.
[Download Table]
NAME OF PARENT CORPORATION TAXPAYER IDENTIFICATION NUMBER
--------------------------------------------------------------------------
Twinlab Corporation (1) 11-3317986
(1) Twin Laboratories (UK) Ltd. does not file tax returns as part of the
consolidated US group.
25. PENSION FUNDS.
None
[X]
If the debtor is not an individual, list the name and federal
taxpayer identification number of any pension fund to which the
debtor, as an employer, has been responsible for contributing at
any time within the six-year period immediately preceding the
commencement of this case.
[Download Table]
TAXPAYER IDENTIFICATION
NAME OF PENSION FUND NUMBER
-----------------------------------------------------------------------
Page 14 of 19
FORM 7. STATEMENT OF FINANCIAL AFFAIRS
UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
In Re: Twin Laboratories (UK) Ltd. Case No. 03-15563 (CB)
Debtors Chapter 11
I declare under penalty of perjury that I have read the answers contained
in the foregoing statement of financial affairs and any attachments
thereto and that they are true and correct to the best of my knowledge,
information and belief.
Date: October 20, 2003 Signature: /s/ Ross Blechman
-----------------------
Print Name & Title: Ross Blechman, Director
The penalties for making a false statement or concealing property is a
fine of up to $500,000 or imprisonment for up to 5 years or both. 18
U.S.C. Section 152 and 3571.
Page 15 of 19
FORM 7. STATEMENT OF FINANCIAL AFFAIRS
UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
ATTACHMENT 3(a)
In Re: Twin Laboratories (UK) Ltd. Case No. 03-15563 (CB)
Debtors Chapter 11
3. PAYMENTS TO CREDITORS.
None
[ ]
a. List all payments on loans, installment purchases of goods or
services, and other debts, aggregating more than $600 to any
creditor, made within 90 days immediately preceding the
commencement of this case. (Married debtors filing under chapter
12 or chapter 13 must include payments by either or both spouses
whether or not a joint petition is filed, unless the spouses are
separated and a joint petition is not filed.
[Download Table]
NAME AND ADDRESS OF CREDITOR DATES OF PAYMENTS AMOUNT PAID (1)
--------------------------------------------------------------------------------
Archant GNC Magazine 6/17/2003 $ 1,293
St. James Yarn Mill
Whitefriars
Norwich NR3 1XU
United Kingdom
Dennis Publishing 6/11/2003 $ 1,570
30 Cleveland St.
London W1T 4JD
United Kingdom
GCI UK 7/10/2003 $ 9,430
Newbridge House
Newbridge St.
London EC4V 6BJ
United Kingdom
Health & Diet 6/20/2003 $ 173
Europa Park, Stoneclough Rd.
Radcliffe, Manchester M26 1GG
United Kingdom
Inland Revenue 8/4/2003 $ 2,926
Cumbernauld 7/10/2003 $ 2,940
Glasgow G70 5TR
United Kingdom
-------
Subtotal - Inland Revenue $ 5,866
Royal&Sun Alliance/AON Insurance 7/10/2003 $ 1,238
Gt.Cambridge Road, Turnford
Broxbourne EN10 6ND
United Kingdom
Weider Publishing 7/3/2003 $ 1,108
10 Windsor Court, Clarence Drive 6/25/2003 $ 1,108
Harrogate, HG1 2PE 6/12/2003 $ 1,108
United Kingdom
-------
Subtotal - Weider Publishing $ 3,324
World Cargo 6/14/2003 $ 268
Unit 6 Saxon Way Trading Estate 6/14/2003 $ 54
Harmondsworth Middlesex UB7 0LW
United Kingdom
-------
$ 322
-------
TOTAL $23,214
(1) All payments made in British Pounds and converted to US Dollars at the
prevailing exchange rate on September 4, 2003, where 1GBP = $1.57160.
Attachment SOFA 3(a)
Page 16 of 19
FORM 7. STATEMENT OF FINANCIAL AFFAIRS
UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
ATTACHMENT 19(a)
In Re: Twin Laboratories (UK) Ltd. Case No. 03-15563 (CB)
Debtors Chapter 11
19. BOOKS, RECORDS AND FINANCIAL STATEMENTS.
None
[ ]
a. List all bookkeepers and accountants who within the TWO YEARS
immediately preceding the filing of this bankruptcy case kept or
supervised the keeping of books of account and records of the
debtor.
[Download Table]
NAME AND ADDRESS DATES SERVICES RENDERED
-----------------------------------------------------------------
Jeanne Dennington 3/13/89-8/2/02
150 Motor Parkway, Suite 210
Hauppauge, NY 11788
Nancy M. Scaduto 5/17/93-7/18/03
150 Motor Parkway, Suite 210
Hauppauge, NY 11788
Scott Pestyner 6/1/99-Present
150 Motor Parkway, Suite 210
Hauppauge, NY 11788
Joseph Sinicropi 8/27/01-Present
150 Motor Parkway, Suite 210
Hauppauge, NY 11788
Margaret O'Connell 4/7/03-Present
150 Motor Parkway, Suite 210
Hauppauge, NY 11788
John Carleton 9/10/02 - Present
Twin Laboratories (UK) Ltd.
1 Coton Road
Walton on Trent
South Derbyshire
Derbyshire DE12 8NC
United Kingdom
Robert Walker 1/11/99 - 9/9/02
150 Motor Parkway, Suite 210
Hauppauge, NY 11788
Ashbys Accountants 1/1/00 - Present
Welbech House
69 Loughborough Road
West Bridgford
Nottingham NG27LA
United Kingdom
Attachment SOFA 19(a)
Page 17 of 19
FORM 7. STATEMENT OF FINANCIAL AFFAIRS
UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
ATTACHMENT 19(c)
In Re: Twin Laboratories (UK) Ltd. Case No. 03-15563 (CB)
Debtor Chapter 11
19. BOOKS, RECORDS AND FINANCIAL STATEMENTS.
None
[ ]
c. List all firms or individuals who at the time of the commencement
of this case were in possession of the books of account and
records of the debtor. If any of the books of account and records
are not available, explain.
[Download Table]
NAME ADDRESS
------------------------------------------------------------
Ashbys Accountants Welbech House
69 Loughborough Road
West Bridgford
Nottingham NG27LA
United Kingdom
Twin Laboratories (UK) Ltd. 1 Coton Road
Walton on Trent
South Derbyshire
Derbyshire DE12 8NC
United Kingdom
Deloitte & Touche 2 Jericho Plaza
Jericho, NY 11753
Iron Mountain 22 Kimberly Road
East Brunswick, NJ 08816
Twinlab Corporation 150 Motor Parkway, Suite 210
Hauppauge, NY 11788
Scott Pestyner 150 Motor Parkway, Suite 210
Hauppauge, NY 11788
Joseph Sinicropi 150 Motor Parkway, Suite 210
Hauppauge, NY 11788
Margaret O'Connell 150 Motor Parkway, Suite 210
Hauppauge, NY 11788
John Carleton 1 Coton Road
Walton on Trent
South Derbyshire
Derbyshire DE12 8NC
United Kingdom
Attachment SOFA 19(c)
Page 18 of 19
FORM 7. STATEMENT OF FINANCIAL AFFAIRS
UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
ATTACHMENT 21(b)
In Re: Twin Laboratories (UK) Ltd. Case No. 03-15563 (CB)
Debtors Chapter 11
21. CURRENT PARTNERS, OFFICERS, DIRECTORS AND SHAREHOLDERS.
None
[ ]
b. If the debtor is a corporation, list all officers and directors
of the corporation, and each stockholder who directly or
indirectly owns, controls, or holds 5 percent or more of the
voting securities of the corporation.
[Enlarge/Download Table]
NATURE AND PERCENTAGE OF STOCK
NAME AND ADDRESS TITLE OWNERSHIP
------------------------------------------------------------------------------------------
Ross Blechman Director N/A
c/o Twin Laboratories Inc.
150 Motor Parkway, Suite 210
Hauppauge, NY 11788
Brian Blechman Director N/A
c/o Twin Laboratories Inc.
150 Motor Parkway, Suite 210
Hauppauge, NY 11788
Neil Blechman Director N/A
c/o Twin Laboratories Inc.
150 Motor Parkway, Suite 210
Hauppauge, NY 11788
Twin Laboratories Inc. Shareholder Common Stock 100.0%
150 Motor Parkway, Suite 210
Hauppauge, NY 11788
Attachment SOFA 21(b)
Page 19 of 19
Dates Referenced Herein and Documents Incorporated by Reference
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