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Full title: Notice with Certificate of Service re: Motion to Compromise and/or Settle filed by Jeffrey A Hokanson on behalf of Member Debtors Gregg Appliances, Inc., HHG Distributing LLC, Debtor hhgregg, Inc (re: Doc # 3124). Objections due by 02/02/2021. (Hokanson, Jeffrey) (Entered: 01/12/2021)

Document posted on Jan 11, 2021 in the bankruptcy, 3 pages and 0 tables.

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On January 12, 2021, the Debtors filed Motion of Debtors for Order Approving Settlement of Claims Filed by Illinois Department of Revenue (Doc.No. 3124) (the “Illinois DOR Settlement Motion”), asking the Court to enter an order approving a Settlement Agreement between the Debtors and Illinois Department of Revenue, a copy of which is attached to the Illinois DOR Settlement Motion as Exhibit B, pursuant to which: a. Settlement Payment and Partial Allowance of Claims.3 “Final Order” shall mean (i) the order has not been reversed, modified or amended, and is not stayed; (ii) the time to appeal from or to seek review or rehearing or petition for certiorari with respect to such order has expired; and c. Mutual Releases.YOU ARE FURTHER NOTIFIED that if you do not want the Court to enter an Order granting the Illinois DOR Settlement Motion, then on or within twenty-one (21) days from the date of this notice, you or your attorney must file a written objection to the Illinois DOR Settlement Motion explaining why you object in accordance with Local Rule S.D. Ind. B-9013-1. (iii) the order is no longer subject to review, reversal, modification or amendment; provided, however, that the mere possibility that a motion under Rule 60 of the Federal Rules of Civil Procedure, or any analogous rule, may be filed relating to such order or judgment shall not cause such order not to be a “Final Order.”

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IN THE UNITED STATES BANKRUPTCY COURT FOR THE SOUTHERN DISTRICT OF INDIANA INDIANAPOLIS DIVISION In re: Chapter 11 hhgregg, Inc., et al.,1 Case No. 17-01302-JJG-11 Debtors. (Jointly Administered) NOTICE OF MOTION AND OPPORTUNITY TO OBJECT NOTICE: Your rights may be affected. You should read these papers carefully and discuss them with your attorney, if you have one in this bankruptcy case. If you do not have any attorney, you may wish to consult one. To: (i) the U.S. Trustee; (ii) counsel to the Official Committee of Unsecured Creditors; and (iii) all intervening parties and counsel of record2: YOU ARE HEREBY NOTIFIED that: 1. On January 12, 2021, the Debtors filed Motion of Debtors for Order Approving Settlement of Claims Filed by Illinois Department of Revenue (Doc. No. 3124) (the “Illinois DOR Settlement Motion”), asking the Court to enter an order approving a Settlement Agreement between the Debtors and Illinois Department of Revenue, a copy of which is attached to the Illinois DOR Settlement Motion as Exhibit B, pursuant to which: a. Settlement Payment and Partial Allowance of Claims. In full and complete satisfaction of the Claims and the releases contained herein, the Debtors will: (i) cause the payment to the Illinois DOR of $125,000 in cash (the “Settlement Payment”) within three (3) business days after the Effective Date (as defined below); and (ii) allow a single priority claim in the amount of $350,000 against Gregg Appliances, Inc. pursuant to section 507(a)(8) of the Bankruptcy Code. b. Effective Date. The Settlement Agreement will become effective upon the occurrence of both of the following: (a) the execution by each of the parties thereto, and (b) the Court entering an order approving the Settlement Agreement and such order becoming a Final Order3 (the “Effective Date”). 1 The Debtors in these cases, along with the last four digits of each Debtor’s federal tax identification number, are: hhgregg, Inc. (0538); Gregg Appliances, Inc. (9508); and HHG Distributing LLC (5875). The location of the Debtors’ corporate headquarters is 4151 East 96th Street, Indianapolis, Indiana 46240. 2 Notice of the Illinois DOR Settlement Motion is limited, and this Notice is served, pursuant to that Order Granting Debtors’ Motion for Standing Order Limiting Notice (Doc. No. 1736) dated November 3, 2017 (Doc. No. 1810). 3 “Final Order” shall mean (i) the order has not been reversed, modified or amended, and is not stayed; (ii) the time to appeal from or to seek review or rehearing or petition for certiorari with respect to such order has expired; and

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c. Mutual Releases. Subject to the occurrence of: (a) the Effective Date, and (b) the receipt of the Settlement Payment by the Illinois DOR, (i) the Illinois DOR (the “Creditor Releasor”) releases the Debtors and each of their current and former officers (including the Former Officers), directors, equity holders, partners, members, managers, and employees (collectively, the “Debtor Releasees”) of and from any and all claims and liabilities, whether known or unknown, that the Creditor Releasor has or may have against the Debtor Releasees arising out of and/or related in any way to the Claims and any other claims for taxes of any nature and/or penalties and interest that could be asserted by the Illinois DOR against any of the Debtors Releasees for periods up to the date of the Settlement Agreement provided, however, that nothing in the Agreement shall be construed to release any of the Debtor Releasees from any liability, duty or obligation expressly arising under the Settlement Agreement. all as set form in the proposed Order attached as Exhibit A to the Illinois DOR Settlement Motion. A free copy of the above motions and orders may be found at https://www.donlinrecano.com/Clients/hhg/Dockets, or can be obtained from the bankruptcy court’s docket or upon request to undersigned counsel. YOU ARE FURTHER NOTIFIED that if you do not want the Court to enter an Order granting the Illinois DOR Settlement Motion, then on or within twenty-one (21) days from the date of this notice, you or your attorney must file a written objection to the Illinois DOR Settlement Motion explaining why you object in accordance with Local Rule S.D. Ind. B-9013-1. You may file your objection electronically on the Bankruptcy Court’s website: http://www.insb.uscourts.gov, or if you are not authorized to file papers electronically, in writing delivered to the Clerk of the U.S. Bankruptcy Court, Birch Bayh Federal Building, 46 East Ohio Street, Room 116, Indianapolis, IN 46204. If you mail your objection to the Clerk of the Court, you must mail it early enough so the Clerk of the Court will receive it on or before the date stated above. You must also send a copy of your objection to (a) counsel for the Debtors: Jeffrey A. Hokanson, ICE MILLER LLP, One American Square, Suite 2900, Indianapolis, IN 46282-0200, and (b) Office of the U.S. Trustee, Attn: Ronald Moore, 101 W. Ohio Street, Suite 1000, Indianapolis, IN 46204. YOU ARE FURTHER NOTIFIED that if no objections to the Illinois DOR Settlement Motion are timely filed, the court may grant the motion without further hearing or notice. (iii) the order is no longer subject to review, reversal, modification or amendment; provided, however, that the mere possibility that a motion under Rule 60 of the Federal Rules of Civil Procedure, or any analogous rule, may be filed relating to such order or judgment shall not cause such order not to be a “Final Order.”

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Dated: January 12, 2021 Respectfully submitted, /s/ Jeffrey A. Hokanson ICE MILLER LLP Jeffrey A. Hokanson (No. 14579-49) One American Square Suite 2900 Indianapolis, Indiana 46282-0200 Telephone: (317) 236-2100 jeff.hokanson@icemiller.com Counsel to the Debtors and Debtors in Possession CERTIFICATE OF SERVICE I hereby certify that on January 12, 2021, I electronically filed the foregoing. Notice of this filing will be sent to the parties who have requested to receive notice through the Court’s Electronic Case Filing System. Parties may access this filing through the Court’s system. /s/ Jeffrey A. Hokanson Jeffrey A. Hokanson

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