Form 26 - Periodic Report Regarding Value, Operations And Profitability Of Entities In Which The Estate Of [name Of Debtor] Holds A Substantial Or Controlling Interest Page 16

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Form 26 Instr.– Cont.
16.
In addition to the financial statements required above, entities in the development stage
should provide the cumulative financial statements (condensed to the same degree as
allowed above) and disclosures required by Statement of Financial Accounting
Standards No. 7, “Accounting and Reporting by Development Stage Enterprises,” to
the date of the latest balance sheet presented.
Instructions for Exhibit C – Description of Operations
17.
The description of operations contained in Exhibit C of this Form should describe the
nature and extent of the estate’s interest in the entity, as well as the business
conducted
by and intended to be conducted by the entity, focusing on the entity’s dominant
business segment(s) including, but not limited to the following as applicable:
· Principal product produced or services rendered and methods of distribution
· Description of the status of a new product or segment if a public announcement
has been made or information publicly disseminated
· Sources and availability of raw materials
· Any significant patents, trademarks, licenses, franchises, and concessions held
· Seasonality of the business
· Dependence upon a single customer or a few customers
· Dollar amount of backlog orders believed to be firm
· Exposure to renegotiation or redetermination or termination of significant contracts
· Competitive conditions facing the entity
. Description of properties owned
. Significant legal proceedings
. Material purchase commitments
. Identified trends events or uncertainties that are likely to have a material impact on
the entity’s short-term liquidity, net sales, or income from continuing operations
18.
The source preparer of the information should be indicated.
Form B26- Rule 2015.3
Rev. 1/15/14

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