HTML Document View

Full title: Notice of Disposition of Collateral. Filed by GACP Finance Co., LLC (Attachments: # 1 Exhibit A) (Schottenstein, Noah) (Entered: 06/15/2021)

Document posted on Jun 14, 2021 in the bankruptcy, 3 pages and 0 tables.

Bankrupt11 Summary (Automatically Generated)

June 15, 2021 NOTICE OF DISPOSITION OF COLLATERAL TO: BJ Services Wind-Down Trust, successor in interest to BJ Services, LLC, BJ Management Services, L.P., BJ Services Holdings Canada, ULC and BJ Services Management Holdings Corporation 11211Attention: Bob Louzan NAME OF DEBTORS: BJ Services, LLC, BJ Management Services, L.P., BJ Services Holdings Canada, ULC and BJ Services Management Holdings Corporation To the extent applicable, reference is made to that certain agreed order of September 2, 2020, by the United States Bankruptcy Court for the Southern District of Texas granting GACP Finance Co., LLC (“GACP”) relief from the automatic stay with respect to certain of its collateral (the “Automatic Stay Order”), and the order entered on October 16, 2020, by the Court of Queen’s Bench of Alberta pursuant to the provisions of the Companies’ Creditors Arrangement Act, recognizing the Automatic Stay Order and authorizing GACP to sell, convey, transfer, lease or assign the Collateral without further order of the Court of Queen’s Bench of Alberta and without compliance with the notice requirements under the Bankruptcy and Insolvency Act, RSC 1985, c.B-3 or the Personal Property Security Act, RSA 2000, c.P-7.We will sell the collateral described on the attached Exhibit “A” along with any/all components, accessories, accessions and related equipment and parts thereto, which may be sold with or separately from each listed asset, to Copper Tip Energy Services Inc., or its designee, by private sale for a total purchase price of $776,000 on or after June 25, 2021.Copy to the following: BJ Services, LLC, BJ Management Services, L.P., BJ Services Holdings Canada, ULC and BJ Services Management Holdings Corporation 11211Scott Rinaldi 2000 K Street NW, 12th Floor Washington, DC 20006 Scott.Rinaldi@ankura.com Ankura Consulting Group Attn: Anthony C. Schnur 2 Houston Center Houston, TX 77010

List of Tables

Document Contents

June 15, 2021 NOTICE OF DISPOSITION OF COLLATERAL TO: BJ Services Wind-Down Trust, successor in interest to BJ Services, LLC, BJ Management Services, L.P., BJ Services Holdings Canada, ULC and BJ Services Management Holdings Corporation 11211 Farm to Market 2920 Road Tomball, TX 77375 Attn: Scott Rinaldi, Successor Trustee and Wind-Down Trust Oversight Committee FROM: GACP Finance Co., LLC, Agent 73 Old Ridgefield Road, Suite 6 Wilton, CT 06897 Attention: Bob Louzan NAME OF DEBTORS: BJ Services, LLC, BJ Management Services, L.P., BJ Services Holdings Canada, ULC and BJ Services Management Holdings Corporation To the extent applicable, reference is made to that certain agreed order of September 2, 2020, by the United States Bankruptcy Court for the Southern District of Texas granting GACP Finance Co., LLC (“GACP”) relief from the automatic stay with respect to certain of its collateral (the “Automatic Stay Order”), and the order entered on October 16, 2020, by the Court of Queen’s Bench of Alberta pursuant to the provisions of the Companies’ Creditors Arrangement Act, recognizing the Automatic Stay Order and authorizing GACP to sell, convey, transfer, lease or assign the Collateral without further order of the Court of Queen’s Bench of Alberta and without compliance with the notice requirements under the Bankruptcy and Insolvency Act, RSC 1985, c.B-3 or the Personal Property Security Act, RSA 2000, c.P-7. We will sell the collateral described on the attached Exhibit “A” along with any/all components, accessories, accessions and related equipment and parts thereto, which may be sold with or separately from each listed asset, to Copper Tip Energy Services Inc., or its designee, by private sale for a total purchase price of $776,000 on or after June 25, 2021. You are entitled to an accounting of the unpaid indebtedness secured by the property that we intend to sell. You may request an accounting by contacting counsel for GACP Finance Co., LLC, DLA Piper LLP (US), Attn: Stuart M. Brown, 302-468-5700.

1

Copy to the following: BJ Services, LLC, BJ Management Services, L.P., BJ Services Holdings Canada, ULC and BJ Services Management Holdings Corporation 11211 Farm to Market 2920 Road Tomball, TX 77375 Norman Kinel, Liquidation Trustee of the BJS Liquidation Trust c/o Squire Patton Boggs (US) LLP Attn: Travis A. McRoberts 2000 McKinney Avenue, Suite 1700 Dallas, TX 75201 travis.mcroberts@squirepb.com Norman Kinel, Liquidation Trustee of the BJS Liquidation Trust c/o Squire Patton Boggs (US) LLP Attn: Norman N. Kinel 1211 Avenue of the Americas, 26th Floor New York, NY 10136 norman.kinel@squirepb.com JP Morgan Chase Bank, N.A., in its capacity as administrative agent Attn: Christine Ruyter Executive Director, Special Credits Group 383 Madison Ave., 24th Floor New York, NY 10179-0001 Tina.Ruyter@jpmorgan.com JP Morgan Chase Bank, N.A., in its capacity as administrative agent c/o Sidley Austin LLP Attn: Dennis Twomey and Alyssa Russell One South Dearborn Street Chicago, IL 60603 dtwomey@sidley.com; alyssa.russell@sidley.com CLMG Corp. Attn: James Erwin, President 7195 Dallas Parkway Plano, TX 75024 jerwin@clmgcorp.com CLMG Corp. c/o Sheppard Mullin Richter & Hampton LLP Attn: Amanda Cottrell 2200 Ross Ave., 24th Floor Dallas, TX 75201 acottrell@sheppardmullin.com CLMG Corp. c/o Sheppard Mullin Richter & Hampton LLP Attn: Justin Bernbrock and Robert McLellarn Three First National Plaza 70 West Madison Street, 48th Floor Chicago, IL 60602 jbernbrock@sheppardmullin.com; rmclellarn@sheppardmullin.com

2

CLMG Corp. c/o Sheppard Mullin Richter & Hampton LLP Attn: Alan H. Martin 650 Town Center Drive, 10th Floor Costa Mesa, CA 92626 amartin@sheppardmullin.com McCreary, Veselka, Bragg, & Allen, P.C. Attn: Tara LeDay P.O. Box 1269 Round Rock, TX 78680 Linebarger Goggan Blair & Sampson, LLP Attn: Tara Grundemeier 4828 Loop Central Drive, Suite 600 Houston, TX 77081 Ernst & Young LLP Attn: Blanche Zelmanovich 5 Times Square New York, NY 10036 Choate, Hall & Stewart LLP Attn: John F. Ventola Two International Place Boston, MA 02110 BJ Services Wind-Down Trust, c/o Scott Rinaldi, Wind-Down Trustee Gray Reed & McGraw LLP 1300 Post Oak Boulevard, Suite 2000 Houston, TX 77056 Attn: Jason S. Brookner, Paul D. Moak and Amber M. Carson jbrookner@grayreed.com; pmoak@grayreed.com; acarson@grayreed.com Ankura Consulting Group Attn: Scott Rinaldi 2000 K Street NW, 12th Floor Washington, DC 20006 Scott.Rinaldi@ankura.com Ankura Consulting Group Attn: Anthony C. Schnur 2 Houston Center Houston, TX 77010 Tony.schnur@ankura.com FTI Consulting, Inc. Attn: Aaron Terry 1301 McKinney Street, Suite 3500 Houston, TX 77010

3