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Full title: Final Report Pursuant to Local Rule 3022-1(c) Filed by MUJI U.S.A. Limited. (Meloro, Dennis) (Entered: 08/11/2021)

Document posted on Aug 10, 2021 in the bankruptcy, 5 pages and 0 tables.

Bankrupt11 Summary (Automatically Generated)

MUJI U.S.A. Limited, the above-captioned reorganized debtor (the “Reorganized Debtor”), submits this final report (the “Final Report”) in accordance with Rule 3022-1(c) of the Local Rules of Bankruptcy Practice and Procedure of the United States Bankruptcy Court for the District of Delaware (the “Local Rules”) in support of the Motion of the Reorganized Debtor for Order and Final Decree Closing the Chapter 11 Case [Docket No. 370] (the “Motion”).To date, the quarterly fees due under 28 U.S.C. § 1930 totaling $382,961 have been paid to the Office of the United States Trustee – Region 3 (the “United States Trustee”) on account of this Chapter 11 Case.On December 21, 2020, the Court entered the Findings of Fact, Conclusions of Law, and Order Under 11 U.S.C. § 1129 and Federal Rule of Bankruptcy Procedure 3020Confirming Amended Chapter 11 Plan of Reorganization of Muji U.S.A. Limited Pursuant to Chapter 11 of the Bankruptcy Code (As Modified)The distributions made, or to be made, under the Plan (attached as Exhibit A to the Confirmation Order) are listed below.3 2 This amount includes amounts paid to Mackinac Partners, LLC, which was employed and retained to provide the Debtor with a Chief Restructuring Officer and certain additional personnel, pursuant to D.I. 98.

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IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE In re: Chapter 11 MUJI U.S.A. LIMITED,1 Case No. 20-11805 (MFW) Reorganized Debtor. FINAL REPORT PURSUANT TO LOCAL RULE 3022-1(c) MUJI U.S.A. Limited, the above-captioned reorganized debtor (the “Reorganized Debtor”), submits this final report (the “Final Report”) in accordance with Rule 3022-1(c) of the Local Rules of Bankruptcy Practice and Procedure of the United States Bankruptcy Court for the District of Delaware (the “Local Rules”) in support of the Motion of the Reorganized Debtor for Order and Final Decree Closing the Chapter 11 Case [Docket No. 370] (the “Motion”). The following information is true and correct, to the best of the Reorganized Debtor’s knowledge, information and belief: Fees and Expenses 1. To date, the quarterly fees due under 28 U.S.C. § 1930 totaling $382,961 have been paid to the Office of the United States Trustee – Region 3 (the “United States Trustee”) on account of this Chapter 11 Case. 2. The Debtor and/or Reorganized Debtor has paid and/or will pay any remaining fees owed to the United States Trustee through the date of entry of a final decree. 3. From the date on which the Debtor filed this chapter 11 case, the Debtor and/or 1 The last four digits of the Reorganized Debtor’s federal tax identification number are 2229. The location of the Reorganized Debtor’s principal place of business is 250 West 39th Street, Suite 202, New York, NY 10018.

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Reorganized Debtor paid $4,035,629 2in fees and expenses to the retained professionals that provided services through and including the Effective Date. The Plan and Confirmation Order 4. On December 21, 2020, the Court entered the Findings of Fact, Conclusions of Law, and Order Under 11 U.S.C. § 1129 and Federal Rule of Bankruptcy Procedure 3020 Confirming Amended Chapter 11 Plan of Reorganization of Muji U.S.A. Limited Pursuant to Chapter 11 of the Bankruptcy Code (As Modified) [Docket No. 277] (the “Confirmation Order”). The Plan went effective on December 31, 2020 [Docket No. 286] (the “Effective Date”). Distributions 5. The distributions made, or to be made, under the Plan (attached as Exhibit A to the Confirmation Order) are listed below.3
Table 1 on page 2. Back to List of Tables
Class Type of Claim or Interest Distribution
n/a Administrative Claims Unless otherwise agreed to by the Holder of an Allowed
Administrative Claim and the Debtor or the Reorganized
Debtor (as applicable) each Holder of an Allowed
Administrative Claim (other than Holders of Professional
Fee Claims, DIP Facility Claims, and Claims for fees and
expenses pursuant to section 1930 of chapter 123 of title
28 of the United States Code) will receive in full and
final satisfaction of its Administrative Claim an amount
of Cash equal to the amount of such Allowed
Administrative Claim in accordance with the following:

(1) if an Administrative Claim is Allowed on or prior to
the Effective Date, on the Effective Date or as soon as
reasonably practicable thereafter (or, if not then due,
when such Allowed Administrative Claim becomes due
or as soon as reasonably practicable thereafter);
2 This amount includes amounts paid to Mackinac Partners, LLC, which was employed and retained to provide the Debtor with a Chief Restructuring Officer and certain additional personnel, pursuant to D.I. 98. 3 The information provided in the following table is intended only as a summary description of the distributions required by, and made under, or to be made under, the Plan. Any unintended conflict between this summary and the Plan shall not be construed as a modification of the Plan. Parties should refer to the Plan for detailed descriptions of the distributions thereunder.

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Table 1 on page 3. Back to List of Tables
Class Type of Claim or Interest Distribution
(2) if such Administrative Claim is not Allowed as of the
Effective Date, no later than thirty (30) days after the date
on which an order allowing such Administrative Claim
becomes a Final Order, or as soon as reasonably
practicable thereafter;

(3) if such Allowed Administrative Claim is based on
liabilities incurred by the Debtor in the ordinary course of
its business after the Petition Date in accordance with the
terms and conditions of the particular transaction giving
rise to such Allowed Administrative Claim without any
further action by the Holders of such Allowed
Administrative Claim;

(4) at such time and upon such terms as may be agreed
upon by such Holder and the Debtor or the Reorganized
Debtor (as applicable); or

(5) at such time and upon such terms as set forth in an
order of the Bankruptcy Court.
n/a DIP Facility Claims Except to the extent that the Holder of an Allowed DIP
Facility Claim agrees to less favorable treatment, in full
and final satisfaction, settlement, release, and discharge
of, and in exchange for, such Allowed DIP Facility
Claim, the Holder of such Allowed DIP Facility Claim
shall receive a principal portion of the Exit Facility equal
to the DIP Facility Claim Amount (less the amounts paid
to the DIP Lender under Error! Reference source not
found.), and all commitments under the DIP Credit
Agreement shall immediately terminate. For the
avoidance of doubt, the DIP Facility Claims shall be
Allowed in the amount of the DIP Facility Claim
Amount. Upon the satisfaction of the DIP Facility
Claims in accordance with the terms of this Plan, on the
Effective Date all Liens and security interests granted to
secure such obligations shall be terminated and of no
further force and effect.
1 Other Secured Claims Except to the extent that a Holder of an Allowed Other
Secured Claim agrees to less favorable treatment, in
exchange for full and final satisfaction, settlement,
release, and discharge of each Other Secured Claim, each
Holder of an Allowed Other Secured Claim shall receive

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Table 1 on page 4. Back to List of Tables
Class Type of Claim or Interest Distribution
the following, at the option of the Debtor or Reorganized
Debtor (as applicable):

payment in full in Cash on or as soon as is reasonably
practicable after the later of (A) the Effective Date and
(B) the date on which such Other Secured Claim is
Allowed by a Final Order of the Bankruptcy Court;

the collateral securing such Holder’s Allowed Other
Secured Claim;

Reinstatement of such Allowed Other Secured Claim; or

such other treatment rendering such Allowed Other
Secured Claim Unimpaired.
2 Other Priority Claims Except to the extent that a Holder of an Allowed Other
Priority Claim agrees to less favorable treatment, in
exchange for full and final satisfaction, settlement,
release, and discharge of each Other Priority Claim, each
Holder of such Allowed Other Priority Claim shall
receive the following at the option of the Debtor or
Reorganized Debtor (as applicable):

payment in full in Cash on or as soon as is reasonably
practicable after the later of (A) the Effective Date and
(B) the date on which such Other Priority Claim is
Allowed by a Final Order of the Bankruptcy Court; or

such other treatment rendering such Allowed Other
Priority Claim Unimpaired.
3 General Unsecured Claims Except to the extent that a Holder of an Allowed Class 3
General Unsecured Claim agrees to a less favorable
treatment, in exchange for full and final satisfaction,
settlement, release, and discharge of each Class 3 General
Unsecured Claim, each Holder of an Allowed Class 3
General Unsecured Claim shall receive its pro rata share
(calculated based on the proportion that such Holder’s
Allowed Class 3 General Unsecured Claim bears to the
aggregate amount of Allowed Class 3 General Unsecured
Claims) of the GUC Cash Distribution Pool; provided,
further, if Class 3 votes to accept the Plan, each Holder of
an Allowed Class 3 General Unsecured Claim shall also
receive a release from the Debtor and its Estate of any

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Table 1 on page 5. Back to List of Tables
Class Type of Claim or Interest Distribution
Avoidance Actions against such Holder of the Allowed
Class 3 Claim, which release shall be effective as of the
Effective Date.
4 RKJ Unsecured Claims On the Effective Date, the RKJ Unsecured Claims shall
be deemed contributed as capital in the Reorganized
Debtor. For the avoidance of doubt, the Holder of the
RKJ Unsecured Claims shall be not receive any
distribution on account of its RKJ Unsecured Claims
from the GUC Cash Distribution Pool.
5 Interests in the Debtor In consideration of, among other things, the Plan
Settlement, the legal, equitable and contractual rights to
which such Holder is entitled on account of such Interest
shall be unaltered.
6. Any distributions required to date under the Plan have been made or will be made in the ordinary course, as applicable. 7. All matters to be completed upon the Effective Date of the Plan have been fulfilled or completed. 8. There is no pending adversary proceeding, contested matter, or other proceeding in this chapter 11 case that would affect the substantial consummation of the case. Dated: August 11, 2021 /s/ John Bittner John Bittner Authorized Person and Former CRO of the Debtor

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