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Full title: Order (I) Scheduling A Combined Hearing On (A) Adequacy Of Disclosure Statement, (B) Confirmation Of Plan, And (C) The assumption Of Executory Contracts And Cure Amounts; (II) Approving Form and Manner Of Notice Of (A) Combined Hearing, (B) Commencement Of Chapter 11 Case, And (C) Assumption Of Executory Contracts And Cure Amounts Related Thereto, And Objection Deadlines; (II) Establishing Procedures For Objection To (A) Disclosure Statement, (B) Plan, And (C) Proposed Assumption Or Rejection Of Executory Contracts And States Trustee Not To Convene A Section 341 Meeting Of Creditors; And (V) Granting Related Relief (Related Doc # 8)(related document(s)8) Order Signed on 4/27/2021. (AJL) (Entered: 04/27/2021)

Document posted on Apr 26, 2021 in the bankruptcy, 8 pages and 0 tables.

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Upon the motion (the “Motion”)2 of the Debtor for entry of an order (this “Scheduling Order”) (i) scheduling a combined hearing (“Combined Hearing”) on (a) the adequacy of the Disclosure Statement, (b) confirmation of the prepackaged Plan, and (c) the proposed assumption or rejection of executory contracts and cure amounts; (ii) fixing the deadlines to object to the Disclosure Statement, Plan, and proposed assumption or rejection of executory contracts and cure amounts; (iii) approving the form and manner of notice of commencement, combined hearing, assumption or rejection of executory contracts and cure amounts, and objection deadlines; (iv) conditionally directing the U.S. Trustee not to convene a section 341(a) meeting of creditors; 1 The last four digits of the Debtor’s federal tax identification number are 8502.The Combined Hearing to consider the adequacy of the Disclosure Statement, final approval of the Confirmation Procedures, and confirmation of the Plan is hereby scheduled to be held before the Honorable J. Kate Strickles, United States Bankruptcy Judge, in courtroom 7 of the United States Bankruptcy Court for the District of Delaware, 824 Market Street, Third Floor, Wilmington, Delaware, on June 9, 2021 at _11:00 am (prevailing Eastern Time).Ronald Gellert, Esq., rgellert@gsbblaw.com); (c) the Office of the United States Trustee, J. Caleb Boggs Federal Building, 844 King Street, Lockbox 35, Wilmington, Delaware 19801 (Attn: Joseph McMahon, Esq.); (d) counsel to ESW Holdings, Inc. and ESW Capital, LLC, (i) Goulston & Storrs PC, 885 Third Avenue, 18th Floor, New York, New York 10022 (Attn: Trevor Hoffmann, Esq., thoffmann@goulstonstorrs.com) and (ii) Morris, Nichols, Arsht & Tunnell LLP, 1201 N. Market Street, 16th Floor, P.O. Box 1347, Wilmington, Delaware 19899 (Attn: Derek C. Abbott, Esq., DAbbott@MNAT.com); (e) counsel to GlassBridge Enterprises, Inc., The Rosner Law Group, 824 N. Market Street, Suite 810, Wilmington, Delaware 19801 (Attn: Frederick R. In addition, any objections to the Disclosure Statement or confirmation of the Plan must: (a) be in writing; (b) conform to the Federal Rules of Bankruptcy Procedure and the Local Rules of Bankruptcy Practice and Procedure of the United States Bankruptcy Court for the District of Delaware; (c) state the name and address of the objecting party and the amount and nature of such party’s claim or interest; (d) state with particularity the basis and nature of any objection to the Plan and, if practicable, a proposed modification to the Plan that would resolve such objection; and (e) be filed, together with proof of service, with the Court and served upon the parties above.Notice of the assumption of Executory Contracts and Unexpired Leases, and associated Cure Amounts, as proposed in the Motion and the form of Assumption and Cure Notice, substantially in the form attached to the Motion as Exhibit C, shall be deemed good and sufficient notice of such prop

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IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE In re: Chapter 11 ADARA ENTERPRISES CORP.,1 Case No. 21-10736 (JKS) Debtor. Re DI: 8, 37 and 41 ORDER (I) SCHEDULING A COMBINED HEARING ON (A) ADEQUACY OF DISCLOSURE STATEMENT, (B) CONFIRMATION OF PLAN, AND (C) THE ASSUMPTION OF EXECUTORY CONTRACTS AND CURE AMOUNTS; (II) APPROVING FORM AND MANNER OF NOTICE OF (A) COMBINED HEARING, (B) COMMENCEMENT OF CHAPTER 11 CASE, AND (C) ASSUMPTION OF EXECUTORY CONTRACTS AND CURE AMOUNTS RELATED THERETO, AND OBJECTION DEADLINES; (III) ESTABLISHING PROCEDURES FOR OBJECTING TO (A) DISCLOSURE STATEMENT, (B) PLAN, AND (C) PROPOSED ASSUMPTION OR REJECTION OF EXECUTORY CONTRACTS AND CURE AMOUNTS; (IV) CONDITIONALLY DIRECTING THE UNITED STATES TRUSTEE NOT TO CONVENE A SECTION 341 MEETING OF CREDITORS; AND (V) GRANTING RELATED RELIEF Upon the motion (the “Motion”)2 of the Debtor for entry of an order (this “Scheduling Order”) (i) scheduling a combined hearing (“Combined Hearing”) on (a) the adequacy of the Disclosure Statement, (b) confirmation of the prepackaged Plan, and (c) the proposed assumption or rejection of executory contracts and cure amounts; (ii) fixing the deadlines to object to the Disclosure Statement, Plan, and proposed assumption or rejection of executory contracts and cure amounts; (iii) approving the form and manner of notice of commencement, combined hearing, assumption or rejection of executory contracts and cure amounts, and objection deadlines; (iv) conditionally directing the U.S. Trustee not to convene a section 341(a) meeting of creditors; 1 The last four digits of the Debtor’s federal tax identification number are 8502. The Debtor’s address is 411 E 57th Street Suite 1-A, New York, New York 10022. 2 Capitalized terms used herein and not otherwise defined herein shall have the meanings ascribed to such terms in the Motion or in the Plan, as applicable.

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and (v) granting related relief; and the Court having found that it has jurisdiction to consider the Motion and the relief requested therein in accordance with 28 U.S.C. §§ 157 and 1334 and the Amended Standing Order of Reference, dated February 29, 2012; and consideration of the Motion and the relief requested therein being a core proceeding pursuant to 28 U.S.C. § 157(b); and venue being proper before this Court pursuant to 28 U.S.C. §§ 1408 and 1409; and due, sufficient, and proper notice of the Motion having been provided under the circumstances and in accordance with the Bankruptcy Rules and the Local Bankruptcy Rules, and it appearing that no other or further notice need be provided; and a hearing having been held to consider the relief requested in the Motion (the “Hearing”); and the record of the Hearing and all of the proceedings had before the Court; and the Court having found and determined that the legal and factual bases set forth in the Motion establish just cause for the relief granted herein; and after due deliberation and sufficient cause appearing therefor, IT IS HEREBY ORDERED THAT: 1. The Motion is GRANTED as set forth herein. 2. The Debtor is authorized and empowered to take all actions necessary to implement and effectuate the relief granted in this Scheduling Order. 3. The Combined Hearing to consider the adequacy of the Disclosure Statement, final approval of the Confirmation Procedures, and confirmation of the Plan is hereby scheduled to be held before the Honorable J. Kate Strickles, United States Bankruptcy Judge, in courtroom 7 of the United States Bankruptcy Court for the District of Delaware, 824 Market Street, Third Floor, Wilmington, Delaware, on June 9, 2021 at _11:00 am (prevailing Eastern Time). The Combined Hearing may be continued from time to time by the Court without further notice other than an

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announcement of the adjourned date or dates in open court at the Combined Hearing (or adjournment thereof) or by filing the agenda for such hearing. 4. The schedule of events set forth below relating to confirmation of the Plan is hereby approved in its entirety, and the Court hereby finds the following schedule of events is consistent with the applicable provisions of the Bankruptcy Code, the Bankruptcy Rules, and the Local Bankruptcy Rules: Event Date Within three (3) Business Days of the entry of the Proposed Scheduling Order, or Combined Notice Mailing Date as soon as reasonably practicable thereafter Plan Supplement Filing Date May 13, 2021 Plan / Disclosure Statement Objection May 27, 2021, at 4:00 p.m. (prevailing Deadline Eastern Time) Confirmation Brief / Reply to June 2, 2021 Objections Deadline Deadline to file and serve the May 12, 2021 Assumption and Cure Notice Executory Contract Objection June 2, 2021, at 4:00 p.m. (prevailing Deadline Eastern Time) Executory Contract Reply Deadline June 4, 2021 June 9, 2021 at 11:00 am (prevailing Combined Hearing Eastern Time) If Plan is not confirmed by June 16, 2021, and on no less than twenty-one (21) days’ Section 341(a) Meeting notice; if Plan is confirmed by June 16, 2021, there will be no Section 341(a) Meeting 5. Any objections to the approval of the Disclosure Statement, adequacy of the Disclosure Statement, or confirmation of the Plan must be filed with the Clerk of the United States Bankruptcy Court for the District of Delaware, together with proof of service thereof, and served so as to be ACTUALLY RECEIVED no later than 4:00 p.m. (prevailing Eastern time) on May

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27, 2021 (the “Plan / Disclosure Statement Objection Deadline”) on the following parties (collectively, the “Notice Parties”): (a) the Debtor, 411 East 57th Street Suite 1-A, New York, New York 10022 (Attn: Daniel Strauss); (b) proposed counsel for the Debtor, (i) Loeb & Loeb LLP, 345 Park Avenue, New York, New York 10154 (Attn: Daniel Besikof, Esq., dbesikof@loeb.com and Bethany Simmons, Esq, bsimmons@loeb.com), and (ii) Gellert, Scali, Busenkell & Brown, LLC, 1201 N. Orange Street, Suite 300, Wilmington, Delaware 19801 (Attn: Ronald Gellert, Esq., rgellert@gsbblaw.com); (c) the Office of the United States Trustee, J. Caleb Boggs Federal Building, 844 King Street, Lockbox 35, Wilmington, Delaware 19801 (Attn: Joseph McMahon, Esq.); (d) counsel to ESW Holdings, Inc. and ESW Capital, LLC, (i) Goulston & Storrs PC, 885 Third Avenue, 18th Floor, New York, New York 10022 (Attn: Trevor Hoffmann, Esq., thoffmann@goulstonstorrs.com) and (ii) Morris, Nichols, Arsht & Tunnell LLP, 1201 N. Market Street, 16th Floor, P.O. Box 1347, Wilmington, Delaware 19899 (Attn: Derek C. Abbott, Esq., DAbbott@MNAT.com); (e) counsel to GlassBridge Enterprises, Inc., The Rosner Law Group, 824 N. Market Street, Suite 810, Wilmington, Delaware 19801 (Attn: Frederick R. Rosner, Esq., rosner@teamrosner.com); and (f) counsel to the official committee of unsecured creditors appointed in this Chapter 11 Case, if any. 6. In addition, any objections to the Disclosure Statement or confirmation of the Plan must: (a) be in writing; (b) conform to the Federal Rules of Bankruptcy Procedure and the Local Rules of Bankruptcy Practice and Procedure of the United States Bankruptcy Court for the District of Delaware; (c) state the name and address of the objecting party and the amount and nature of such party’s claim or interest; (d) state with particularity the basis and nature of any objection to the Plan and, if practicable, a proposed modification to the Plan that would resolve such objection; and

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(e) be filed, together with proof of service, with the Court and served upon the parties above. 7. Any objections to the Disclosure Statement or Plan that are not timely filed and served in the manner set forth in this Scheduling Order may, in the Court’s discretion, not be considered and may be overruled. 8. The Debtor shall file (i) its reply to any timely-filed objections in respect of the Disclosure Statement or the Plan; (ii) its Confirmation Brief; and (iii) the proposed Confirmation Order no later than June 2, 2021. 9. The Debtor is authorized to combine the notice of the Combined Hearing and the Objection Deadlines (and related procedures) with the notice of commencement of this Chapter 11 Case and the notice of the deadline for filing proofs of claims. 10. The form of Combined Notice in substantially the form attached as Exhibit B to the Motion is approved. The Claims Agent shall mail or cause to be mailed a copy of the Combined Notice within three (3) Business Days of the entry of the Proposed Scheduling Order or as soon as reasonably practicable thereafter, upon all of the Debtor’s known creditors and interest holders of record as of April 21, 2021 at 11:59 p.m. (prevailing Eastern Time). 11. Notice of the assumption of Executory Contracts and Unexpired Leases, and associated Cure Amounts, as proposed in the Motion and the form of Assumption and Cure Notice, substantially in the form attached to the Motion as Exhibit C, shall be deemed good and sufficient notice of such proposed assumption and no further notice need be given. 12. The Debtor shall cause a copy of the Assumption and Cure Notice to be mailed to the parties set forth in the Motion on or prior to May 12, 2021. 13. Any counterparty to an Executory Contract or Unexpired Lease that disputes the Debtor’s proposed Cure Amount or otherwise objects to the assumption of such Executory

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Contract or Unexpired Lease, or objects to the assumption or rejection of an Executory Contract or Unexpired Lease, must file an objection by June 2, 2021 at 4:00 p.m. (prevailing Eastern Time) (the “Executory Contract Objection Deadline”). Any responses or objections to the assumption or rejection of Executory Contracts and Unexpired Leases or Cure Amounts must: (a) be in writing; (b) conform to the applicable Bankruptcy Rules and the Local Rules; (c) set forth the name of the objecting party, the basis for the objection, and the specific grounds therefor; (d) be filed with the Court, together with a proof of service, on or before the Executory Contract Objection Deadline; and (e) be served on the Notice Parties. 14. Any objections to the the Debtor’s proposed assumption or rejection of Executory Contracts and Unexpired Leases or Cure Amounts that is not timely filed and served in the manner set forth in this Scheduling Order may, in the Court’s discretion, not be considered and may be overruled. 15. The Debtor and any other party in interest must file replies to any objections or responses by June 4, 2021 (“Executory Contract Reply Deadline”). 16. The Debtor shall publish the Publication Notice, in substantially the form attached as Exhibit D to the Motion, once in the national edition of the New York Times, The Wall Street Journal, or USA Today, within three days after the date on which both this Scheduling Order and an order approving the bar date for filing claims have been entered, or as soon as reasonably practicable thereafter. 17. Substantially contemporaneously with the service of the Combined Notice, the Debtor shall cause to be posted to the website hosted by the Claims Agent various chapter 11-related documents, including, among others, the following: (i) the Plan; (ii) the Disclosure

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Statement and all exhibits attached thereto; (iii) the Motion and this Scheduling Order; and (iv) the Combined Notice. The website address is: www.donlinrecano.com/aec. The notice procedures set forth in this Scheduling Order constitute good and sufficient notice of the commencement of the Chapter 11 Case, the Combined Hearing, the Objection Deadlines, and procedures for objecting to the adequacy of the Disclosure Statement, confirmation of the Plan, assumption and rejection of Executory Contracts and Unexpired Leases and Cure Amounts. 18. Any provision of Bankruptcy Rule 3017(d) requiring the Debtor to distribute the Disclosure Statement and the Plan to parties not entitled to vote, whether because they are unimpaired or because they are deemed to reject the Plan, or any other parties in interest not identified in this Scheduling Order, is waived. 19. The U.S. Trustee shall not be required to convene a meeting of creditors pursuant to section 341(a) of the Bankruptcy Code if the Plan is confirmed by June 16, 2021. In the event the Plan is not confirmed by June 16, 2021, the U.S. Trustee shall promptly schedule a meeting of creditors pursuant to section 341(a) of the Bankruptcy Code on no less than twenty-one (21) days’ notice. 20. Nothing contained in the Motion or this Scheduling Order or any payment made pursuant to the authority granted by this Scheduling Order is intended to be or shall be construed as (i) an admission as to the validity of any claim against the Debtor; (ii) an agreement or obligation to pay any claims; (iii) an admission as to the validity of any liens satisfied pursuant to this Motion; (iv) a waiver of the Debtor’s or any appropriate party in interest’s rights to dispute any claim; or (v) an approval or assumption of any agreement, contract, program, policy, or lead under section 365 of the Bankruptcy Code.

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21. Notwithstanding the applicability of Bankruptcy Rules 3020(e), 6004(h), and 9014, the terms and conditions of this Scheduling Order shall be effective and enforceable immediately upon its entry. 22. Notice of the Motion as provided therein shall be deemed good and sufficient notice of such Motion and the requirements of Bankruptcy Rules 4001(d) and 6004(a) are waived. 23. The Debtor is authorized and empowered to take all actions necessary or appropriate to effectuate the relief granted in this Scheduling Order. 24. All time periods set forth in this Scheduling Order shall be calculated in accordance with Bankruptcy Rule 9006(a). 25. This Court shall retain jurisdiction with respect to all matters arising from or related to the enforcement of this Scheduling Order. J. KATE STICKLES Dated: April 27th, 2021 UNITED STATES BANKRUPTCY JUDGE Wilmington, Delaware

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