UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF FLORIDA
WEST PALM BEACH DIVISION
In re: Chapter 11
QSGI, INC., Case No. 09-23658-EPK
QSGI-CCSI, INC., and Case No. 09-23659-EPK
QUALTECH SERVICES GROUP, INC. Case No. 09-23660-EPK
Jointly Administered
Debtor(s).
ORDER ESTABLISHING PLAN AND DISCLOSURE STATEMENT
FILING DEADLINES AND ADDRESSING RELATED MATTERS
THIS MATTER came before the Court for hearing on June 24, 2010 upon the United
States Trustee’s Motion to Dismiss or Convert [DE 224]. At the hearing, the Debtor agreed to
the entry of an order setting a deadline to file a plan and disclosure statement. Accordingly, it is
ORDERED as follows:
1. Deadline for filing Plan and Disclosure Statement. The Debtor(s) shall file a Plan and
Disclosure Statement on or before August 24, 2010 (the “Filing Deadline”).
2. Contents of Disclosure Statement. The Disclosure Statement must meet the
requirements of 11 U.S.C. § 1125. Without limiting the generality of the foregoing, the Disclosure Statement shall, at a minimum, contain adequate information pertaining to the
Debtor(s) in the following areas:
(a) Pre- and post-petition financial performance;
(b) Reasons for filing chapter 11;
(c) Steps taken since filing of the petition to facilitate reorganization;
(d) Projections reflecting how the Plan will be feasibly consummated; and
(e) A liquidation analysis.
3. Consolidated Hearing on Disclosure Statement and Plan Confirmation. Pursuant to
11 U.S.C. § 105(d)(2)(B)(vi), unless the Court orders otherwise, the hearing on final approval of
the Disclosure Statement shall be consolidated with the hearing on confirmation of the Plan (the
“Consolidated Hearing”), which hearing shall be set by further order of this Court if the
Disclosure Statement is conditionally approved.
4. Procedures Governing Plan and Disclosure Statement.
(a) If the Debtor(s) fails to file a Plan and a Disclosure Statement on or before
the Filing Deadline, the Court may set a hearing to determine whether this case should be
dismissed or converted pursuant to 11 U.S.C. § 1112(b).
(b) If a Disclosure Statement is timely filed, the Court will review the
Disclosure Statement to determine whether it contains adequate information as required under 11
U.S.C. § 1125. If the Court finds the Disclosure Statement adequate, the Court may enter an
order substantially in the form of Local Form 64A conditionally approving the Disclosure
Statement and fixing related deadlines. If the Court does not grant conditional approval of the
Disclosure Statement, the Court may set an expedited hearing to address what additional
information will be required in order that the Disclosure Statement may be conditionally
approved. The Court may determine that conditional approval of the Disclosure Statement is not
appropriate under the circumstances and enter an order substantially in the form of Local Form
32A setting a hearing on the Disclosure Statement and fixing related deadlines.
(c) If a Plan is not confirmed at the Consolidated Hearing or separate
confirmation hearing, at that hearing the Court will consider whether the case should be
dismissed or converted under 11 U.S.C. § 1112(b).
5. Separate Disclosure Statement Hearing. If the Debtor(s) desires that the Court not
consider the Disclosure Statement for conditional approval and instead conduct a separate
disclosure statement hearing under 11 U.S.C. § 1125, the Debtor(s) may file a request for the
same concurrently with the Disclosure Statement.
Copies furnished to:
John E Page
2385 NW Executive Center Dr #300
Boca Raton, FL 33431
Attorney John E Page is directed to serve a copy of this order on all creditors, all equity security
holders, the United States Trustee, and all other parties in interest, including without limitation
those parties listed on the "Master Service List" if required to be filed pursuant to Local Rule
2002-1(H)), and to file a certificate of service attesting to the same.
