IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE

Transcription

1 IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE In re: ) Chapter 11 WILLIAM LYON HOMES, et al., ) Case No (CSS) ) Jointly Administered Debtors. Related to Docket Nos. 239, 240, 241, 242, 243, and 245 Hearing Date: June 8, 2012, at 11:00 a.m. (prevailing Eastern time) NOTICE OF HEARING TO CONSIDER APPROVAL AND ALLOWANCE OF CERTAIN FIRST AND FINAL FEE APPLICATIONS TO: (i) the Office of the United States Trustee for the District of Delaware; (ii) counsel to the Prepetition Secured Term Loan and DIP Lender; (iii) counsel to the Ad Hoc Noteholders Group; and (iv) counsel to the Backstop Investors; (v) creditors holding the thirty largest unsecured claims against the Debtors on a consolidated basis, or their legal counsel (if known) and (vi) those persons who have requested notice pursuant to Rule 2002 of the Federal Rules of Bankruptcy Procedure. PLEASE TAKE NOTICE that a hearing to consider approval and allowance of the certain first and final fee applications ("Application" or "Applications") filed in these cases has been scheduled for June 8, 2012, at 11:00 a.m. prevailing Eastern time, before the Honorable Christopher S. Sontchi, United States Bankruptcy Court Judge, at the United States Bankruptcy Court for the District of Delaware, 824 North Market Street, 5th Floor, Courtroom No. 6, Wilmington, Delaware, The debtors and debtors in possession in these cases and the last four digits of their respective taxpayer identification numbers are as follows: William Lyon Homes (4902); William Lyon Homes, Inc. (3855); Mountain Falls Golf Course, LLC (3291); Mountain Falls, LLC (9631); Circle G at the Church Farm North Joint Venture, LLC (1322); Presley CMR, Inc. (3862); William Lyon Southwest, Inc. (8474); Sycamore CC, Inc. (1307); PH-LP Ventures (9119); PH Ventures - San Jose (5089); HSP, Inc. (6045); PH Rielly Ventures (7710); Lyon Waterfront, LLC (1928); Lyon East Garrison Company I, LLC (5692); WLH Enterprises (3333); Duxford Financial, Inc. (0824); California Equity Funding, Inc. (0016); Laguna Big Hom, LLC (2590); Presley Homes (5035); Cerro Plata Associates, LLC (5090); Whitney Ranch Village 5, LLC (5256); and Duxford Insurance Services, LLC (8232). The Debtors mailing address is 4490 Von Karman Avenue, Newport Beach, CA DOCSDE:

2 PLEASE TAKE FURTHER NOTICE that attached hereto as Exhibit 1, is the proposed form of omnibus order which accurately represents the fees and expenses of professionals with respect to the Applications scheduled for the hearing on June 8, 2012, at 11:00 a.m. prevailing Eastern time. PLEASE TAKE FURTHER NOTICE that a full copy of any of the Applications may be obtained by contacting the undersigned counsel for the Debtors. Dated: May 18, 2012 PACHUS(STANG ZIEHL & JONES LLP vji Richard M. Ibachuiski (CA Bar No ) Laura Davis Jones (DE Bar No. 2436) David M. Bertenthal (CA Bar No ) Joshua M. Fried (CA Bar No ) Shirley S. Cho (CA Bar No ) Timothy P. Cairns (DE Bar No. 4228) 919 North Market Street, 17th Floor P.O. Box 8705 Wilmington, Delaware Telephone: (302) Facsimile: (302) rpachulskipszj1aw.com ljones@pszjlaw.com dbertenthal@pszjlaw.com jfriedpszj1aw.com scho@pszjlaw.com tcairnspszjlaw.com Counsel for the Debtors and Debtors in Possession DOCSDE:

3 DOCSDE: Exhibit 1

4 IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE In re: ) Chapter 11 WILLIAM LYON HOMES, et al., ) Case No (CSS) ) Jointly Administered Debtors. Related to Docket Nos. 239, 240, 241, 242, 243, and 245 Hearing Date: June 8, 2012, at 11:00 a.m. (prevailing Eastern time) OMNIBUS ORDER APPROVING CERTAIN FIRST AND FINAL FEE APPLICATIONS FOR COMPENSATION AND REIMBURSEMENT OF EXPENSES Upon consideration of the first and final fee applications (the "Applications") 2 of those professionals (the "Professionals") referenced on Exhibit A attached hereto, pursuant to sections 105(a) and 331 of title 11 of the United States Code (the "Bankruptcy Code"), Fed. R. Bankr. P and that certain Order Establishing Procedures for Interim Compensation and Reimbursement of Expenses for Professionals and Official Committee Members [Docket No. 148] (the "Compensation Procedures Order"), entered by this Court on January 10, 2012; and it appearing that the Court has jurisdiction to consider the Applications and the relief requested therein in accordance with 28 U.S.C. 157 and 1334; and it appearing The debtors and debtors in possession in these cases and the last four digits of their respective taxpayer identification numbers are as follows: William Lyon Homes (4902); William Lyon Homes, Inc. (3855); Mountain Falls Golf Course, LLC (3291); Mountain Falls, LLC (9631); Circle G at the Church Farm North Joint Venture, LLC (1322); Presley CMR, Inc. (3862); William Lyon Southwest, Inc. (8474); Sycamore CC, Inc. (1307); PH-LP Ventures (9119); PH Ventures - San Jose (5089); HSP, Inc. (6045); PH Rielly Ventures (7710); Lyon Waterfront, LLC (1928); Lyon East Garrison Company I, LLC (5692); WLH Enterprises (3333); Duxford Financial, Inc. (0824); California Equity Funding, Inc. (0016); Laguna Big Horn, LLC (2590); Presley Homes (5035); Cerro Plata Associates, LLC (5090); Whitney Ranch Village 5, LLC (5256); and Duxford Insurance Services, LLC (8232). The Debtors mailing address is 4490 Von Karman Avenue, Newport Beach, CA Capitalized terms not defined in this order shall have the meaning ascribed to them in the Compensation Procedures Order and/or the Applications. DOCS_DE:

5 that this matter is a core proceeding within the meaning of 28 U.S.C. 157(b)(2); and it appearing that venue of this proceeding and these Applications is proper in this district pursuant to 28 U.S.C and 1409; and due and proper notice of the Applications having been given; and it appearing that the relief requested in the Applications is in the best interests of the Debtors and their estates and creditors; and after due deliberation and sufficient cause appearing therefor, it is hereby: ORDERED that the Applications are granted on a final basis in the amounts set forth on Exhibit A hereto for services rendered and reimbursement of actual and necessary expenses incurred during the fee periods set forth on Exhibit A; ORDERED that the Debtors are authorized and directed to make payment to each of the Professionals on account of any of the outstanding fees and expenses granted herein that have not yet been paid pursuant to the Compensation Procedures Order; and it is further ORDERED that the Court shall retain jurisdiction to hear and determine all matters arising from or relating to this Order. Dated:.2012 The Honorable Christopher S. Sontchi United States Bankruptcy Judge DOCSDE:

6 Exhibit A Date Filed Docket Number Applicant Fee Period Fees Expenses Total 4/23/ Sitrick and Company 12/19/11-2/25/12 $18, $4, $22, /23/ hell & Manella LLP 12/19/11-2/25/12 $692, $10, $703, /23/ Pachuiski Stang Ziehi & Jones LLP 12/19/11-2/25/12 $617, $109, $726, /24/ Jackson DeMarco Tidus Peckenpaugh 12/19/11-2/25/12 $61, $58.46 $61, /24/ Alvarez and Marsal North America, LLC 12/19/11-2/25/12 $302, $23, $325, /25/ Newmeyer & Dillion LLP 12/19/11 2/25/12 $72, $15, $88, DOCS_DE:

7 IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE In re: ) Chapter 11 ) WILLIAM LYON HOMES, et al., ) Case No (CSS) ) Jointly Administered Debtors. ) CERTIFICATE OF SERVICE I, Timothy P. Cairns, hereby certify that on the 18th day of May 2012, I caused copies of the following document(s) to be served on the individuals on the attached service list(s) in the manner indicated: Notice of Hearing to Consider Approval and Allowance of Certain First and Final Fee Applications Timothy P. Cairn B Bar No. 4228) The debtors and debtors in possession in these cases and the last four digits of their respective taxpayer identification numbers are as follows: William Lyon Homes (4902); William Lyon Homes, Inc. (3855); Mountain Falls Golf Course, LLC (3291); Mountain Falls, LLC (9631); Circle G at the Church Farm North Joint Venture, LLC (1322); Presley CMR, Inc. (3862); William Lyon Southwest, Inc. (8474); Sycamore CC, Inc. (1307); PH-LP Ventures (9119); PH Ventures - San Jose (5089); HSP, Inc. (6045); PH Rielly Ventures (7710); Lyon Waterfront, LLC (1928); Lyon East Garrison Company I, LLC (5692); WLH Enterprises (3333); Duxford Financial, Inc. (0824); California Equity Funding, Inc. (0016); Laguna Big Horn, LLC (2590); Presley Homes (5035); Cerro Plata Associates, LLC (5090); Whitney Ranch Village 5, LLC (5256); and Duxford Insurance Services, LLC (8232). The Debtors mailing address is 4490 Von Karman Avenue, Newport Beach, CA DOCSDE:

8 William Lyon Homes Fee App Service List Case No.: (CSS) Document No Interoffice (Counsel for Debtors) Laura Davis Jones, Esquire Pachuiski Stang Ziehi & Jones LLP 919 North Market St 17th Fl Wilmington, DE Interoffice Mail (Counsel for Debtors) Richard M Pachuiski, Esquire Pachulski Stang Ziehl & Jones LLP Santa Monica Blvd 13th Fl Los Angeles, CA (US Trustee) Richard Schepacarter, Esquire Office of the United States Trustee J. Caleb Boggs Federal Building 844 N. King St, Ste 2207, Lock Box 35 Wilmington, DE (Counsel to the Ad Hoc Noteholders Group) Robert J. Delmey, Esquire Morris, Nichols, Arsht & Tunnell LLP 1201 North Market Street, 18th Floor P.O. Box 1347 Wilmington, DE (Counsel to the Prepetition Agent and the Prepetition Secured Lenders) David Stratton, Esquire Pepper Hamilton LLP Hercules Plaza, Suite Market Street P.O. Box 1790 Wilmington DE (Debtors) Matthew Zaist, Executive Vice President William Lyon Homes Corporate Office 4490 Von Karman Avenue Newport Beach, CA (Special Counsel for the Debtors) Jeffrey M. Reisner, Esquire Trell & Manella LLP 840 Newport Center Drive, Suite 400 Newport Beach, CA (Counsel to the Backstop Parties) Matthew K. Kelsey, Esquire J. Eric Wise, Esquire Gibson, Dunn & Crutcher LLP 200 Park Avenue New York, NY (Counsel to the Ad Hoc Noteholders Group) Mark Shinderman, Esquire Neil Wertlieb, Esquire Milbank, Tweed, Hadley & McCloy LLP 601 South Figueroa Street Los Angeles, CA DOCS_DE:

9 (Counsel to the Prepetition Agent and the Prepetition Secured Lenders) David P. Simonds, Esquire Akin Gump Strauss Hauer & Feld LLP 2029 Century Park East, Suite 2400 Los Angeles, CA Sandra Spivey, Esquire US Bank National Association, as Trustee for the holders of 10 3/4% Senior Notes Due W. Sahara, Suite 200 Nevada Financial Center Las Vegas, NV Sandra Spivey, Esquire US Bank National Association, as Trustee for the holders of 7 1/2% Senior Notes Due W. Sahara, Suite 200 Nevada Financial Center Las Vegas, NV Sandra Spivey, Esquire US Bank National Association, as Trustee for the holders of 7 5/8% Senior Notes Due W. Sahara, Suite 200 Nevada Financial Center Las Vegas, NV (Top 30 Creditor and Proposed Special Counsel to the Debtors) Jeffrey M Reisner, Esquire hell & Manella LLP 840 Newport Center Dr Ste 400 Newport Beach, CA Suzanne N. Patron, Esquire Fred M. Adelman, Esquire Milstein Adelman, LLP 2800 Donald Douglas Loop North Santa Monica, CA David Lee Lee, Hernandez, Landrum, Garofalo & Blake 7575 Vegas Drive Suite 150 Las Vegas, NV David Pursiano Pursiano Barry Lavelle & Jon, LLP 851 South Rampart Blvd. #260 Las Vegas, NV Marice Doane A-i Door & Building Solutions 4300 Jetway Court N. Highlands, CA Diane Sweeney Fine Line Construction P.O. Box 173 Vallecito, CA Paula Sunrise Carpentry, Inc. 375 N. Stephanie St Bldg 13 Henderson, NV DOCS_DE:

10 Cindy Maruyama Dahlin Group 5865 Owens Drive Pleasanton, CA Rafael Medina Rafael Framers/Concrete 7120 Rafael Ridge Way Las Vegas, NV Rita Lopez Homesite Services 101 Pullman St. Livermore, CA Tanya Marsetti Silver Wood Landscape Const Baker Street Costa Mesa, CA Katja Chen Dynamic Plumbing Systems, Inc. of Nevada 4745 Copper Sage St Las Vegas, NV Guy Valderama A D&D Drywall, Inc Roselle Street San Diego, CA Heidi Salazar The Wall Company 1476 W. Harvard Ave. Gilbert, AZ Kim Selby Sonoran Air, Inc W. Whispering Wind Dr., St. 108 Phoenix, AZ LEE CLARKE GE Appliance - Contract P.O. Box Dallas, TX Jamie Leach Top Grade Construction Inc 50 Contractors Street Livermore, CA Paula Neri JLS Environmental Services, Inc Swetzer Rd. Loomis, CA Suzette Urish Whitton Plumbing & Framing P.O. Box 8790 Mesa, AZ DOCS_DE:

11 Stacy Waide Three Sixty at South Bay Association 1 Polaris Way, Suite 100 Aliso Viejo, CA Stacy Catania Rockwell Drywall, Inc W. Arrow Highway San Dimas, CA Steve Mota Ace Commercial Plastering, Inc Rockefeller Dr. Ceres, CA Yolanda Hogan Astro Electric, Inc. P.O. Box 847 Azusa, CA Robin Rowley Pacific Coast Landscape Mgrnt Marsh Creek Road Brentwood, CA Michelle Granado Three D Electric Company 4690 East Second St., Ste. 4 Benicia, CA DOCS_DE:

12 William Lyon Homes 2002 First Class Service List (Counsel to the Prepetition Agent and the Case No.: (CSS) Prepetition Secured Lenders) Document No David Stratton, Esquire 02 - Interoffice Pepper Hamilton LLP 09 - Hercules Plaza Suite Market Street P0 Box 1790 Wilmington, DE Interoffice Mail (Counsel for Debtors) (US Attorneys Office) Laura Davis Jones, Esquire Charles Oberly do Ellen Slights Pachuiski Stang Ziehi & Jones LLP US Attorney for Delaware 919 North Market St 17th Fl 1007 Orange St Ste 700 Wilmington, DE P0 Box 2046 Wilmington, DE Interoffice Mail (Counsel for Debtors) Richard M Pachuiski, Esquire (Counsel to Luxor Capital Group LP Pachuiski Stang Ziehi & Jones LLP [Backstop Investors]) Santa Monica Blvd 13th Fl Sean M. Beach, Esquire Los Angeles, CA Young Conaway Stargatt & Taylor, LLP The Brandywine Building 1000 West Street, 17th Floor (US Trustee) Wilmington, DE Richard Schepacarter, Esquire Office of the United States Trustee J. Caleb Boggs Federal Building (Counsel to Arch Insurance Company) 844 N. King St, Ste 2207, Ian Connor Bifferato, Esquire Lock Box 35 Kevin G. Collins, Esquire Wilmington, DE Bifferato LLC 800 N. King Street (Delaware Counsel to the Ad Hoc Wilmington, DE Noteholders Group) Robert J Dehney, Esquire (Counsel to Lorena Belsky) Morris Nichols Arsht & Tunnell LLP Brian E. Farnan 1201 N. Market Street, 18th Floor Farnan LLP P0 Box N. Market St., 12th Floor Wilmington, DE Wilmington, DE (Counsel to Donna Gustafson) Jonathan L. Parshall, Esquire Murphy & Landon 1011 Centre Road, Ste 210 Wilmington, DE 19805

13 (US DOJ) Attn. Bankruptcy Dept Delaware Dept of Justice 820 N French St 6th Fl Wilmington, DE (Debtors) Matthew Zaist Executive Vice President William Lyon Homes 4490 Von Karman Avenue Corporate Office Newport Beach, CA (Proposed Special Counsel to the Debtors) Jeffrey M Reisner, Esquire Irell & Manella LLP 840 Newport Center Dr Ste 400 Newport Beach, CA (Counsel to the Ad Hoc Noteholders Group) Mark Shinderman, Esquire Neil Wertlieb, Esquire Robert C. Shenfeld Milbank Tweed Hadley & McCloy LLP 601 South Figueroa Street Los Angeles, CA (Counsel to the Prepetition Agent and the Prepetition Secured Lenders) David P Simonds, Esquire Akin Gump Strauss Hauer & Feld LLP 2029 Century Park East Suite 2400 Los Angeles, CA (DE Secretary of State) Division of Corporations Franchise Tax Delaware Secretary of State P0 Box 898 Dover, DE (DE Secretary of Treasury) Secretary of Treasury 820 Silver Lake Boulevard Suite 100 Dover, DE (IRS) Centralized Insolvency Operation Internal Revenue Service P0 Box 7346 Philadelphia, PA (IRS) Centralized Insolvency Operation Internal Revenue Service 2970 Market St Philadelphia, PA (SEC Headquarters) Secretary of the Treasury Securities & Exchange Commission 100F St NE Washington, DC (SEC Regional Office) Daniel M Hawke Regional Dir Securities & Exchange Commission 701 Market St The Mellon Independence Ctr Philadelphia, PA

14 (SEC Regional Office) George S Canellos Regional Director Securities & Exchange Commission NY Office 3 World Financial Center Ste 400 New York, NY (DE AG Office) Joseph R Biden III Office of the US Attorney General 820 N French St Carvel State Office Building Wilmington, DE (Counsel to US Bank National Association, as Trustee for the holders of 10 3/4% Senior Notes Due 2012, 7 1/2% Senior Notes Due 2014, and 7 5/8% Senior Notes Due 2012) Kyle Mathews, Esq. Sheppard Mullin 333 South Hope Street, 48th Floor Los Angeles, CA (Counsel to US Bank National Association, as Trustee for the holders of 10 3/4% Senior Notes Due 2012, 7 1/2% Senior Notes Due 2014, and 7 5/8% Senior Notes Due 2012) Bill Opdyke, Esq. Sheppard Mullin 333 South Hope Street, 48th Floor Los Angeles, CA Sandra Spivey, Esquire US Bank National Association, as Trustee for the holders of 10 3/4% Senior Notes Due W. Sahara, Suite 200 Nevada Financial Center Las Vegas, NV Sandra Spivey, Esquire US Bank National Association, as Trustee for the holders of 7 1/2% Senior Notes Due W. Sahara, Suite 200 Nevada Financial Center Las Vegas, NV Sandra Spivey, Esquire US Bank National Association, as Trustee for the holders of 7 5/8% Senior Notes Due W. Sahara, Suite 200 Nevada Financial Center Las Vegas, NV (Top 30 Creditor and Proposed Special Counsel to the Debtors) Jeffrey M Reisner, Esquire hell & Manella LLP 840 Newport Center Dr Ste 400 Newport Beach, CA Suzanne N. Patron, Esquire Fred M. Adelman, Esquire Milstein Adelman, LLP 2800 Donald Douglas Loop North Santa Monica, CA 90405

15 David Lee Lee, Hernandez, Landrum, Garofalo & Blake 7575 Vegas Drive Suite 150 Las Vegas, NV David Pursiano Pursiano Barry Lavelle & Jon, LLP 851 South Rampart Blvd. #260 Las Vegas, NV Marice Doane A-i Door & Building Solutions 4300 Jetway Court N. Highlands, CA Diane Sweeney Fine Line Construction P.O. Box 173 Vallecito, CA Paula Sunrise Carpentry, Inc. 375 N. Stephanie St Bldg 13 Henderson, NV Cindy Maruyama Dahlin Group 5865 Owens Drive Pleasanton, CA Rafael Medina Rafael Framers/Concrete 7120 Rafael Ridge Way Las Vegas, NV Rita Lopez Homesite Services 101 Pullman St. Livermore, CA Tanya Marsetti Silver Wood Landscape Const Baker Street Costa Mesa, CA Katja Chen Dynamic Plumbing Systems, Inc. of Nevada 4745 Copper Sage St Las Vegas, NV Guy Valderama A D&D Drywall, Inc Roselle Street San Diego, CA Heidi Salazar The Wall Company 1476 W. Harvard Ave. Gilbert, AZ 85233

16 Kim Selby Sonoran Air, Inc W. Whispering Wind Dr., St. 108 Phoenix, AZ LEE CLARKE GE Appliance - Contract P.O. Box Dallas, TX Jamie Leach Top Grade Construction Inc 50 Contractors Street Livermore, CA Paula Neri JLS Environmental Services, Inc Swetzer Rd. Loomis, CA Suzette Urish Whitton Plumbing & Framing P.O. Box 8790 Mesa, AZ Stacy Waide Three Sixty at South Bay Association 1 Polaris Way, Suite 100 Aliso Viejo, CA Stacy Catania Rockwell Drywall, Inc W. Arrow Highway San Dimas, CA Steve Mota Ace Commercial Plastering, Inc Rockefeller Dr. Ceres, CA Yolanda Hogan Astro Electric, Inc. P.O. Box 847 Azusa, CA Robin Rowley Pacific Coast Landscape Mgmt Marsh Creek Road Brentwood, CA Michelle Granado Three D Electric Company 4690 East Second St., Ste. 4 Benicia, CA (Counsel to Luxor Capital Group LP [Backstop Investors]) David M. Feldman, Esquire J. Eric Wise, Esquire Matthew K. Kelsey, Esquire Keith R. Martorana, Esquire Gibson, Dunn & Crutcher LLP 200 Park Avenue New York, NY 10166

17 (Counsel to Arch Insurance Company) Scott C. Williams Manier & Herod 150 Fourth Avenue N. One Nashville Place, Ste 2200 Nashville, TN (Counsel to Oracle America, Inc. and Oracle Credit Corporation) Shawn Christianson, Esquire Buchalter Nemer, PC 55 Second Street, 17th Floor San Francisco, CA (Counsel to Bank of the West) James A. Tiemstra, Esquire Tiemstra Law Group, PC 1111 Broadway, Ste 1501 Oakland, CA Christine R. Etheridge Bankruptcy Administration IKON Financial Services 1738 Bass Road P0 Box Macon, GA (TW Telecom Inc.) Linda Boyle Park Meadows Dr., #400 Littleton, CO (Top Grade Construction Inc.) Scott Blaine, CFO Top Grade Construction Inc. 50 Contractors St. Livermore, CA (Counsel to Top Grade Construction Inc.) Philip S. Warden, Esquire Ana N. Damonte, Esquire Pillsbury Winthrop Shaw Pittman LLP 50 Fremont Street P0 Box 7880 San Francisco, CA (General Electric Capital Corporation) Sergio I Scuteri, Esquire Capehart & Scatchard, PA 8000 Midlantic Drive, Ste Mt. Laurel, NJ 08054