FORM 7 - STATEMENT OF FINANCIAL AFFAIRS
B7 (Official Form 7) (12/07)
In re Case No.
Debtor
UNITED STATES BANKRUPTCY COURT
Electroglas International, Inc. 09-12417
DISTRICT OF DELAWARE
This statement is to be completed by every debtor. Spouses filing a joint petition may file a single statement on which the information for
both spouses is combined. If the case is filed under chapter 12 or chapter 13, a married debtor must furnish information for both spouses
whether or not a joint petition is filed, unless the spouses are separated and a joint petition is not filed. An individual debtor engaged in
business as a sole proprietor, partner, family farmer, or self-employed professional, should provide the information requested on this
statement concerning all such activities as well as the individuals personal affairs. To indicate payments, transfers and the like to minor
children, state the childs initials and the name and address of the childs parent or guardian, such as A.B., a minor child, by John Doe,
guardian. Do not disclose the childs name. See, 11 U.S.C. 112 and Fed.R.Bankr.P. 1007(m).
Questions 1 - 18 are to be completed by all debtors. Debtors that are or have been in business, as defined below, also must complete
Questions 19 - 25. If the answer to an applicable question is "None," mark the box labeled "None." If additional space is needed for
the answer to any question, use and attach a separate sheet properly identified with the case name, case number (if known), and the
number of the question.
Definitions
In business. A debtor is in business for the purpose of this form if the debtor is a corporation or partnership. An individual debtor is in
business for the purpose of this form if the debtor is or has been, within the six years immediately proceding the filing of this bankruptcy
case, any of the following: an officer, director, managing executive, or owner of 5 percent or more of the voting or equity securities of a
corporation; a partner, other than a limited partner, of a partnership; a sole proprietor or self-employed full-time or part-time. An individual
debtor also may be in business for the purpose of this form if the debtor engages in a trade, business, or other activity, other than as an
employee, to supplement income from the debtors primary employment.
Insider. The term insider includes but is not limited to: relatives of the debtor; general partners of the debtor and their relatives:
corporations of which the debtor is an officer, director, or person in control; officers, directors, and any owner of 5 percent or more of the
voting or equity securities of a corporate debtor and their relatives; affiliates of the debtor and insiders of such affiliates; any managing agent
of the debtor. 11 U.S.C. 101.
None
State the gross amount of income the debtor has received from employment, trade, or profession, or from operation
of the debtor's business, including part-time activities either as an employee or in independent trade or business, from
the beginning of this calendar year to the date this case was commenced. State also the gross amounts received
during the two years immediately preceding this calendar year. (A debtor that maintains, or has maintained, financial
records on the basis of a fiscal rather than a calendar year may report fiscal year income. Identify the beginning and
ending dates of the debtor's fiscal year.) If a joint petition is filed, state income for each spouse separately. (Married
debtors filing under chapter 12 or chapter 13 must state income of both spouses whether or not a joint petition is filed,
unless the spouses are separated and a joint petition is not filed.)
AMOUNT SOURCE
1. Income from employment or operation of business
$315,064.14 Monthly close statements & current reports
Fiscal Year 2010
YTD 06/01/2009 to 07/09/2009
$6,523,499.54 10Qs and monthly close statements
Fiscal Year 2009
YTD 06/01/2008 to 05/31/2009
$8,709,602.06 10K Year ended May 31, 2008
Fiscal Year 2008
06/01/2007 to 05/31/2008
$11,426,015.66 10K Year ended May 31, 2007
Fiscal Year 2007
06/01/2006 to 05/31/2007
Page 1 of 11
FORM 7 - STATEMENT OF FINANCIAL AFFAIRS
In re Case No. Electroglas International, Inc. 09-12417
None
State the amount of income received by the debtor other than from employment, trade, profession, or operation of the debtors business
during the two years immediately preceding the commencement of this case. Give particulars. If a joint petition is filed, state income for
each spouse separately. (Married debtors filing under chapter 12 or chapter 13 must state income for each spouse whether or not a joint
petition is filed, unless the spouses are separated and a joint petition is not filed.)
X
AMOUNT SOURCE
2. Income other than from employment or operation of business
None
Complete a. or b., as appropriate, and c.
A. Individual or joint debtor(s) with primarily consumer debts: List all payments on loans, installment purchases of
goods or services, and other debts to any creditor made within 90 days immediately preceding the commencement of this case unless the
aggregate value of all property that constitutes or is affected by such transfer is less than $600.
Indicate with an asterisk (*) any payments that were made to a creditor on account of a domestic support obligation
or as part of an alternative repayment schedule under a plan by an approved nonprofit budgeting and creditor
counseling agency. (Married debtors filing under chapter 12 or chapter 13 must include payments by either or both
spouses whether or not a joint petition is filed, unless the spouses are separated and a joint petition is not filed.)
X
NAME AND ADDRESS OF CREDITORS DATES OF
PAYMENTS
AMOUNT PAID AMOUNT STILL
OWING
3. Payment to creditors
None
b. Debtor whose debts are not primarily consumer debts: List each payment or other transfer to any creditor made
within 90 days immediately preceding the commencement of the case unless the aggregate value of all property
that constitutes or is affected by such transfer is less than $5,475. If the debtor is an individual, indicate with an
asterisk (*) any payments that were made to a creditor on account of a domestic support obligation or as part of
an alternative repayment schedule under a plan by an approved nonprofit budgeting and credit counseling agency.
(Married debtors filing under chapter 12 or chapter 13 must include payments and other transfers by either or both
spouses whether or not a joint petition is filed, unless the spouses are separated and a joint petition is not filed.)
NAMES AND ADDRESS OF CREDITOR DATES OF
PAYMENTS/
TRANSFERS
AMOUNT PAID
OR VALUE OF
TRANSFERS
AMOUNT STILL
OWING
See Exhibit 3b
None
c. All debtors: List all payments made within one year immediately preceding the commencement of this case to or
for the benefit of creditors who are or were insiders. (Married debtors filing under chapter 12 or chapter 13 must
include payments by either or both spouses whether or not a joint petition is filed, unless the spouses are
separated and a joint petition is not filed.)
X
NAMES AND ADDRESS OF CREDITOR AND
RELATIONSHIP TO DEBTOR
DATES OF
PAYMENT
AMOUNT PAID AMOUNT STILL
OWING
Page 2 of 11
FORM 7 - STATEMENT OF FINANCIAL AFFAIRS
In re Case No. Electroglas International, Inc. 09-12417
None
a. List all suits and administrative proceedings to which the debtor is or was a party within one year immediately
preceding the filing of this bankruptcy case. (Married debtors filing under chapter 12 or chapter 13 must include
information concerning either or both spouses whether or not a joint petition is filed, unless the spouses are
separated and a joint petition is not filed.)
X
CAPTION OF SUIT
AND CASE NUMBER
NATURE OF
PROCEEDING
COURT OR
AGENCY
AND
LOCATION
STATUS OR DISPOSITION
4. Suits and administrative proceedings, executions, garnishments and attachments
None
b. Describe all property that has been attached, garnished or seized under any legal or equitable process within one
year immediately preceding the commencement of this case. (Married debtors filing under chapter 12 or chapter
13 must include information concerning property of either or both spouses whether or not a joint petition is filed,
unless the spouses are separated and a joint petition is not filed.)
X
NAME AND ADDRESS OF
PERSON FOR WHOSE BENEFIT
PROPERTY WAS SEIZED
DATE OF SEIZURE DESCRIPTION AND VALUE OF
PROPERTY
None
List all property that has been repossessed by a creditor, sold at a foreclosure sale, transferred through a deed in lieu
of foreclosure or returned to the seller, within one year immediately preceding the commencement of this case.
(Married debtors filing under chapter 12 or chapter 13 must include information concerning property of either or both
spouses whether or not a joint petition is filed, unless the spouses are separated and a joint petition is not filed.)
X
NAME AND ADDRESS OF
CREDITOR OR SELLER
DATE OF REPOSSESSION,
FORECLOSURE SALE,
TRANSFER OF RETURN
DESCRIPTION AND VALUE OF
PROPERTY
5. Repossessions, foreclosures and returns
None
a. Describe any assignment of property for the benefit of creditors made within 120 days immediately preceding the
commencement of this case. (Married debtors filing under chapter 12 or chapter 13 must include any assignment
by either or both spouses whether or not a joint petition is filed, unless the spouses are separated and a joint
petition is not filed.)
X
NAME AND ADDRESS OF
ASSIGNEE
DATE OF ASSIGNMENT TERMS OF ASSIGNMENT OR
SETTLEMENT
6. Assignments and receiverships
Page 3 of 11
FORM 7 - STATEMENT OF FINANCIAL AFFAIRS
In re Case No. Electroglas International, Inc. 09-12417
None
b. List all property which has been in the hands of a custodian, receiver, or court-appointed official within one year
immediately preceding the commencement of this case. (Married debtors filing under chapter 12 or chapter 13
must include information concerning property of either or both spouses whether or not a joint petition is filed, unless
the spouses are separated and a joint petition is not filed.)
X
NAME AND ADDRESS OF
CUSTODIAN
NAME AND LOCATION OF
COURT CASE TITLE & NUMBER
DATE OF
ORDER
DESCRIPTION AND VALUE OF
PROPERTY
None
List all gifts or charitable contributions made within one year immediately preceding the commencement of this case
except ordinary and usual gifts to family members aggregating less than $200 in value per individual family member
and charitable contributions aggregating less than $100 per recipient. (Married debtors filing under chapter 12 or
chapter 13 must include gifts or contributions by either or both spouses whether or not a joint petition is filed, unless
the spouses are separated and a joint petition is not filed.)
X
NAME AND ADDRESS OF
PERSON OR ORGANIZATION
RELATIONSHIP TO DEBTOR, IF
ANY
DATE OF GIFT DESCRIPTION AND VALUE OF
GIFT
7. Gifts
None
List all losses from fire, theft, other casualty or gambling within one year immediately preceding the commencement
of this case or since the commencement of this case. (Married debtors filing under chapter 12 or chapter 13 must
include losses by either or both spouses whether or not a joint petition is filed, unless the spouses are separated and
a joint petition is not filed.)
X
DESCRIPTION AND VALUE OF PROPERTY DESCRIPTION OF CIRCUMSTANCE AND, IF LOSS
WAS COVERED IN WHOLE OR IN PART BY
INSURANCE, GIVE PARTICULARS
DATE OF LOSS
8. Losses
None
List all payments made or property transferred by or on behalf of the debtor to any persons, including attorneys, for
consultation concerning debt consolidation, relief under the bankruptcy law or preparation of a petition in bankruptcy
within one year immediately preceding the commencement of this case.
NAME AND ADDRESS OF PAYEE DATE OF PAYMENT,
NAME OF PAYER
IF OTHER THAN DEBTOR
AMOUNT OF MONEY OR DESCRIPTION
AND VALUE OF PROPERTY
9. Payments related to debt counseling or bankruptcy
Gide Loyrette Nouel
A.A.R.P.I.
26, cours Albert 1er 75008
Paris, France
06/03/2009 $22,820.26
Tsar & Tsai
8th Fl., 245 DunHua S. Road
Sec. 1,
Taipei 106 Taiwan, R.O.C.
06/04/2009 $25,000.00
Page 4 of 11
FORM 7 - STATEMENT OF FINANCIAL AFFAIRS
In re Case No. Electroglas International, Inc. 09-12417
None
a. List all other property, other than property transferred in the ordinary course of the business or financial affairs of
the debtor, transferred either absolutely or as security within two years immediately preceding the commencement
of this case. (Married debtors filing under chapter 12 or chapter 13 must include transfers by either or both
spouses whether or not a joint petition is filed, unless the spouses are separated and a joint petition is not filed.)
X
NAME AND ADDRESS OF TRANSFERREE,
RELATIONSHIP TO DEBTOR
DATE DESCRIBE PROPERTY TRANSFERRED
AND VALUE RECEIVED
10. Other transfers
None
b. List all property transferred by the debtor within ten years immediately preceding the commencement of this case
to a self-settled trust or similar device of which the debtor is a beneficiary.
X
NAME OF TRUST OR OTHER
DEVICE
DATE(S) OF
TRANSFER(S)
AMOUNT OF MONEY OR DESCRIPTION AND VALUE OF
PROPERTY OR DEBTOR'S INTEREST IN PROPERTY
None
List all financial accounts and instruments held in the name of the debtor or for the benefit of the debtor which were
closed, sold, or otherwise transferred within one year immediately preceding the commencement of this case. Include
checking, savings, or other financial accounts, certificates of deposit, or other instruments; shares and share accounts
held in banks, credit unions, pension funds, cooperatives, associations, brokerage houses and other financial
institutions. (Married debtors filing under chapter 12 or chapter 13 must include information concerning accounts or
instruments held by or for either or both spouses whether or not a joint petition is filed, unless the spouses are
separated and a joint petition is not filed.)
X
NAME AND ADDRESS OF
INSTITUTION
TYPE OF ACCOUNT, LAST FOUR DIGITS
OF ACCOUNT NUMBER, AND AMOUNT OF
FINAL BALANCE
AMOUNT AND DATE OF SALE OR
CLOSING
11. Closed financial records
None
List each safe deposit or other box or depository in which the debtor has or had securities, cash, or other valuables
within one year immediately preceding the commencement of this case. (Married debtors filing under chapter 12 or
chapter 13 must include boxes or depositories of either or both spouses whether or not a joint petition is filed, unless
the spouses are separated and a joint petition is not filed.)
X
NAME AND ADDRESS OF BANK
OR OTHER DEPOSITORY
NAME AND ADDRESSES OF
THOSE WITH ACCESS TO THE
BOX OR DEPOSITORY
DESCRIPTION OF CONTENTS DATE OF
TRANSFER OR
SURRENDER,
IF ANY
12. Safe deposit boxes
Page 5 of 11
FORM 7 - STATEMENT OF FINANCIAL AFFAIRS
In re Case No. Electroglas International, Inc. 09-12417
None
List all setoffs made by any creditor, including a bank, against a debt or deposit of the debtor within 90 days preceding
the commencement of this case. (Married debtors filing under chapter 12 or chapter 13 must include information
concerning either or both spouses whether or not a joint petition is filed, unless the spouses are separated and a joint
petition is not filed.)
X
NAME AND ADDRESS OF CREDITOR DATE OF
SETOFF
AMOUNT OF SETOFF
13. Setoffs
None
List all property owned by another person that the debtor holds or controls.
X
NAME AND ADDRESS OF OWNER DESCRIPTION AND VALUE OF PROPERTY LOCATION OF PROPERTY
14. Property held for another person
None
If debtor has moved within three years immediately preceding the commencement of this case, list all premises which
the debtor occupied during that period and vacated prior to the commencement of this case. If a joint petition is filed,
report also any separate address of either spouse.
ADDRESS NAME USED DATE OF OCCUPANCY
15. Prior address of debtor
100C, Allee Saint Exupery
38330 Montbonnet France
Electroglas International, Inc. 01/31/2001 - 08/01/2007
None
If the debtor resides or resided in a community property state, commonwealth, or territory (including Alaska, Arizona,
California, Idaho, Louisiana, Nevada, New Mexico, Puerto Rico, Texas, Washington, or Wisconsin) within eight years
immediately preceding the commencement of the case, identify the name of the debtors spouse and of any former
spouse who resides or resided with the debtor in the community property state.
X
NAME
16. Spouses and Former Spouses
Page 6 of 11
FORM 7 - STATEMENT OF FINANCIAL AFFAIRS
In re Case No. Electroglas International, Inc. 09-12417
None
For the purpose of this question, the following definitions apply:
"Environmental Law" means any federal, state, or local statute or regulation regulating pollution, contamination, releases of hazardous or
toxic substances, wastes or material into the air, land, soil, surface water, groundwater, or other medium, including, but not limited to,
statutes or regulations regulating the cleanup of these substances, wastes, or material.
"Site" means any location, facility, or property as defined under any Environmental Law, whether or not presently or formerly owned or
operated by the debtor, including, but not limited to, disposal sites.
"Hazardous Material" means anything defined as a hazardous waste, hazardous substance, toxic substance,
hazardous material, pollutant, or contaminant or similar term under an Environmental Law.
X
17. Environmental Information
None
a. List the name and address of every site for which the debtor has received notice in writing by a governmental unit that it may be liable or
potentially liable under or in violation of an Environmental Law. Indicate the governmental unit, the date of the notice, and, if known, the
Environmental Law:
X
SITE NAME AND ADDRESS NAME AND ADDRESS OF
GOVERNMENTAL UNIT
DATE OF NOTICE ENVIRONMENTAL LAW
None
b. List the name and address of every site for which the debtor provided notice to a governmental unit of a release
of Hazardous Material. Indicate the governmental unit to which the notice was sent and the date of the notice.
X
SITE NAME AND ADDRESS NAME AND ADDRESS OF
GOVERNMENTAL UNIT
DATE OF NOTICE ENVIRONMENTAL LAW
None
c. List all judicial or administrative proceedings, including settlements or orders, under any Environmental Law with
respect to which the debtor is or was a party. Indicate the name and address of the governmental unit that is or
was a party to the proceeding, and the docket number.
X
NAME AND ADDRESS OF GOVERNMENTAL
UNIT
DOCKET
NUMBER
STATUS OR DISPOSITION
Page 7 of 11
FORM 7 - STATEMENT OF FINANCIAL AFFAIRS
In re Case No. Electroglas International, Inc. 09-12417
None
a. If the debtor is an individual, list the names, addresses, taxpayer identification numbers, nature of the businesses, and beginning and
ending dates of all businesses in which the debtor was an officer, director, partner, or managing executive of a corporation, partner in a
partnership, sole proprietor, or was self-employed in a trade, profession, or other activity either full- or part-time within six years immediately
preceding the commencement of this case, or in which the debtor owned 5 percent or more of the voting or equity securities within six years
immediately
preceding the commencement of this case.
If the debtor is a partnership, list the names, addresses, taxpayer identification numbers, nature of the businesses, and beginning and
ending dates of all businesses in which the debtor was a partner or owned 5 percent or more of the voting or equity securities, within six
years immediately preceding the commencement of this case.
If the debtor is a corporation, list the names, addresses, taxpayer identification numbers, nature of the businesses, and beginning and
ending dates of all businesses in which the debtor was a partner or owned 5 percent or more of the voting or equity securities within six
years immediately preceding the commencement of this case.
X
NAME AND ADDRESS LAST FOUR DIGITS OF
SOC. SEC.
NO./COMPLETE EIN OR
OTHER TAXPAYER I.D.
NO.
NATURE OF BUSINESS BEGINNING AND ENDING
DATES OF OPERATION
18. Nature, location, and name of business
None
b. Identify any business listed in response to subdivision a., above, that is "single asset real estate" as defined
in 11 U.S.C. 101.
X
NAME ADDRESS
The following questions are to be completed by every debtor that is a corporation or partnership and by any individual debtor who is or
has been, within six years immediately preceding the commencement of this case, any of the following: an officer, director, managing
executive, or owner of more than 5 percent of the voting or equity securities of a corporation; a partner, other than a limited partner, of a
partnership, a sole proprietor, or self-employed in a trade, profession, or other activity, either full- or part-time.
(An individual or joint debtor should complete this portion of the statement only if the debtor is or has been in business, as defined
above, within six years immediately preceding the commencement of this case. A debtor who has not been in business within those six
years should go directly to the signature page.)
Page 8 of 11
FORM 7 - STATEMENT OF FINANCIAL AFFAIRS
In re Case No. Electroglas International, Inc. 09-12417
None
a. List all bookkeepers and accountants who within two years immediately preceding the filing of this bankruptcy
case kept or supervised the keeping of books of account and records of the debtor.
NAME AND ADDRESS DATES SERVICES
RENDERED
19. Books, records and financial statements
Orial
Le Thelemos, 12 et 15 quai du Commerce CP
50203 - 69336
Lyon Cedex 09 France
06/01/2007 - Present
Horwath Co., & CPA
12/F, No. 369 Fu Hsing N. Road
Taipei, Taiwan, ROC 10541
02/01/2004 - Present
None
b. List all firms or individuals who within two years immediately preceding the filing of this bankruptcy case have
audited the books of account and records, or prepared a financial statement of the debtor.
NAME ADDRESS DATES SERVICES RENDERED
BDO Seidman 125 South Market Street Suite 800
San Jose, CA 95113
07/07/2005 - 10/27/2008
Burr, Pilger & Mayer LLP 60 South Market Street, Suite 800
San Jose, CA 95113
10/27/2008 - Present
Horwath Co., & CPA 12/F, No. 369 Fu Hsing N. Road
Taipei, Taiwan, ROC 10541
02/01/2004 - Present
None
c. List all firms or individuals who at the time of the commencement of this case were in possession of the books of
account and records of the debtor. If any of the books of account and records are not available, explain.
NAME ADDRESS
Orial Le Thelemos, 12 et 15 quai du Commerce CP
50203 - 69336
Lyon Cedex 09 France
Horwath Co., & CPA 12/F, No. 369 Fu Hsing N. Road
Taipei, Taiwan, ROC 10541
None
d. List all financial institutions, creditors and other parties, including mercantile and trade agencies, to whom a financial statement was
issued by the debtor within two years immediately preceding the commencement of this case.
NAME AND ADDRESS DATE ISSUED
During the two year period prior to the commencement of the case, the Debtor has provided financial statements to numerous interested
parties.
Page 9 of 11
FORM 7 - STATEMENT OF FINANCIAL AFFAIRS
In re Case No. Electroglas International, Inc. 09-12417
None
a. List the dates of the last two inventories taken of your property, the name of the person who supervised the taking
of each inventory, and the dollar amount and basis of each inventory.
DATE OF INVENTORY INVENTORY SUPERVISOR DOLLAR AMOUNT OF INVENTORY
(SPECIFY COST, MARKET OR
OTHER BASIS)
20. Inventories
February 2009 Sophie Magnabosco $750 K (Cost Basis)
September 2006 LH Oh $825 K (Cost Basis)
None
b. List the name and address of the person having possession of the records of each of the inventories reported
in a., above.
DATE OF INVENTORY NAME AND ADDRESS OF CUSTODIAN OF INVENTORY RECORDS
February 2009 Bill Puckett
San Jose, CA
September 2006 Bill Puckett
San Jose, CA
None
a. If the debtor is a partnership, list the nature and percentage of partnership interest of each member of the partnership.
X
NAME AND ADDRESS NATURE OF INTEREST PERCENTAGE OF INTEREST
21. Current Partners, Officers, Directors and Shareholders
None
b. If the debtor is a corporation, list all officers and directors of the corporation, and each stockholder who directly or
indirectly owns, controls, or holds 5 percent or more of the voting or equity securities of the corporation.
NAME AND ADDRESS TITLE NATURE AND PERCENTAGE OF
STOCK OWNERSHIP
Thomas M. Rohrs
c/o Electroglas International, Inc.
5729 Fontanoso Way
San Jose, CA 95138
Director
Thomas E. Brunton
c/o Electroglas International, Inc.
5729 Fontanoso Way
San Jose, CA 95138
Director
Page 10 of 11
FORM 7 - STATEMENT OF FINANCIAL AFFAIRS
In re Case No. Electroglas International, Inc. 09-12417
None
a. If the debtor is a partnership, list each member who withdrew from the partnership within one year immediately preceding the
commencement of this case.
X
NAME ADDRESS DATE OF WITHDRAWAL
22. Former partners, officers, directors and shareholders
None
b. If the debtor is a corporation, list all officers, or directors whose relationship with the corporation terminated within one year immediately
preceding the commencement of this case.
NAME AND ADDRESS TITLE DATE OF TERMINATION
Wesley D. Highfill
762 Glenside Drive
San Jose, CA 95123
Director 12/01/08
None
If the debtor is a partnership or corporation, list all withdrawals or distributions credited or given to an insider, including compensation in any
form, bonuses, loans, stock redemptions, options exercised and any other perquisite during one year immediately preceding the
commencement of this case.
NAME AND ADDRESS OF RECIPIENT,
RELATIONSHIP TO DEBTOR
DATE AND PURPOSE OF WITHDRAWAL AMOUNT OF MONEY OR
DESCRIPTION AND VALUE OF
PROPERTY
23. Withdrawals from a partnership or distributions by a corporation
See SOFA exhibit 3c for Electroglas, Inc., Case No. 09-12416
None
If the debtor is a corporation, list the name and federal taxpayer identification number of the parent corporation of any consolidated group for
tax purposes of which the debtor has been a member at any time within six years immediately preceding the commencement of the case.
NAME OF PARENT CORPORATION TAXPAYER IDENTIFICATION NUMBER (EIN)
24. Tax Consolidation Group
Electroglas, Inc. 77-0336101
None
If the debtor is not an individual, list the name and federal taxpayer identification number of any pension fund to which
the debtor, as an employer, has been responsible for contributing at any time within six years immediately preceding
the commencement of the case.
X
NAME OF PENSION FUND TAXPAYER IDENTIFICATION NUMBER (EIN)
25. Pension Funds
Page 11 of 11
STATEMENT OF FINANCIAL AFFAIRS
EXHIBIT 3b
PAYMENTS TO CREDITORS
Electroglas International, Inc.
Case No. 09-12417
Exhibit SOFA 3b. Payment to Creditors
NAME ADDRESS DATE OF PAYMENT/TRANSFER AMOUNT PAID (USD)
Electroglas International, Inc. (Taiwan)
Bureau of Health Insurance
No. 4, Sec. 1, Roosevelt Road, Jhongjheng District,
Taipei City 10013, Taiwan (R.O.C.) 04/16/2009 1,227.57
Bureau of Health Insurance
No. 4, Sec. 1, Roosevelt Road, Jhongjheng District,
Taipei City 10013, Taiwan (R.O.C.) 05/04/2009 1,227.57
Bureau of Health Insurance
No. 4, Sec. 1, Roosevelt Road, Jhongjheng District,
Taipei City 10013, Taiwan (R.O.C.) 06/02/2009 645.59
Bureau of Health Insurance
No. 4, Sec. 1, Roosevelt Road, Jhongjheng District,
Taipei City 10013, Taiwan (R.O.C.) 07/01/2009 645.59
Bureau of Health Insurance Total 3,746.32
Bureau of Labor Insurance
No. 4, Sec. 1, Roosevelt Road, Jhongjheng District,
Taipei City 10013, Taiwan (R.O.C.) 05/04/2009 643.93
Bureau of Labor Insurance
No. 4, Sec. 1, Roosevelt Road, Jhongjheng District,
Taipei City 10013, Taiwan (R.O.C.) 06/02/2009 524.38
Bureau of Labor Insurance
No. 4, Sec. 1, Roosevelt Road, Jhongjheng District,
Taipei City 10013, Taiwan (R.O.C.) 07/01/2009 367.96
Bureau of Labor Insurance Total 1,536.27
Chunghwa Telecom
No. 136, Sianjheng 9th Road, Jhubei City,
Hsinchu County 30295, Taiwan (R.O.C.) 04/27/2009 723.08
Chunghwa Telecom
No. 136, Sianjheng 9th Road, Jhubei City,
Hsinchu County 30295, Taiwan (R.O.C.) 05/25/2009 776.29
Chunghwa Telecom
No. 136, Sianjheng 9th Road, Jhubei City,
Hsinchu County 30295, Taiwan (R.O.C.) 06/25/2009 705.61
Chunghwa Telecom
No. 136, Sianjheng 9th Road, Jhubei City,
Hsinchu County 30295, Taiwan (R.O.C.) 07/26/2009 -
Chunghwa Telecom Total 2,204.98
DaCheng Co 04/30/2009 6.35
DaCheng Co 07/01/2009 20.64
DaCheng Co Total 26.99
Department of Labor
No. 4, Sec. 1, Roosevelt Road, Jhongjheng District,
Taipei City 10013, Taiwan (R.O.C.) 04/15/2009 1,009.59
Department of Labor
No. 4, Sec. 1, Roosevelt Road, Jhongjheng District,
Taipei City 10013, Taiwan (R.O.C.) 05/04/2009 994.36
Department of Labor
No. 4, Sec. 1, Roosevelt Road, Jhongjheng District,
Taipei City 10013, Taiwan (R.O.C.) 05/04/2009 249.50
Department of Labor
No. 4, Sec. 1, Roosevelt Road, Jhongjheng District,
Taipei City 10013, Taiwan (R.O.C.) 06/02/2009 994.36
Page 1 of 7
Electroglas International, Inc.
Case No. 09-12417
Exhibit SOFA 3b. Payment to Creditors
NAME ADDRESS DATE OF PAYMENT/TRANSFER AMOUNT PAID (USD)
Department of Labor
No. 4, Sec. 1, Roosevelt Road, Jhongjheng District,
Taipei City 10013, Taiwan (R.O.C.) 06/02/2009 249.50
Department of Labor
No. 4, Sec. 1, Roosevelt Road, Jhongjheng District,
Taipei City 10013, Taiwan (R.O.C.) 07/01/2009 673.51
Department of Labor
No. 4, Sec. 1, Roosevelt Road, Jhongjheng District,
Taipei City 10013, Taiwan (R.O.C.) 07/01/2009 211.78
Department of Labor Total 4,382.60
FedEx 04/30/2009 37.32
FedEx Total 37.32
Horhong Management Co. Taiwan Branch
12F, No 369, FuHsing North Road, Songshan District,
Taipei City 10541, Taiwan (R.O.C.) 05/04/2009 95.19
Horhong Management Co. Taiwan Branch
12F, No 369, FuHsing North Road, Songshan District,
Taipei City 10541, Taiwan (R.O.C.) 06/01/2009 95.19
Horhong Management Co. Taiwan Branch
12F, No 369, FuHsing North Road, Songshan District,
Taipei City 10541, Taiwan (R.O.C.) 07/01/2009 95.19
Horhong Management Co. Taiwan Branch Total 285.58
Horwath & Company, CPAs
12F, No 369, FuHsing North Road, Songshan District,
Taipei City 10541, Taiwan (R.O.C.) 04/27/2009 1,601.27
Horwath & Company, CPAs
12F, No 369, FuHsing North Road, Songshan District,
Taipei City 10541, Taiwan (R.O.C.) 05/26/2009 1,419.77
Horwath & Company, CPAs
12F, No 369, FuHsing North Road, Songshan District,
Taipei City 10541, Taiwan (R.O.C.) 06/25/2009 1,529.10
Horwath & Company, CPAs Total 4,550.14
Li Lung Co
No. 18, Jiade Street, Jhubei City,
Hsinchu County 30268, Taiwan (R.O.C.) 07/15/2009 -
Li Lung Co Total -
MaoYong Co 06/29/2009 111.06
MaoYong Co Total 111.06
PuChen Co
No. 83-13, Shueili Road, East District,
Hsinchu City 30059, Taiwan (R.O.C.) 07/22/2009 1,891.17
PuChen Co Total 1,891.17
SanWei Co 06/01/2009 90.45
SanWei Co Total 90.45
Science Park Logistic
No. 6, Gongye East 6th Road, East District,
Hsinchu City 30077, Taiwan (R.O.C.) 04/30/2009 791.37
Science Park Logistic
No. 6, Gongye East 6th Road, East District,
Hsinchu City 30077, Taiwan (R.O.C.) 06/01/2009 783.76
Page 2 of 7
Electroglas International, Inc.
Case No. 09-12417
Exhibit SOFA 3b. Payment to Creditors
NAME ADDRESS DATE OF PAYMENT/TRANSFER AMOUNT PAID (USD)
Science Park Logistic
No. 6, Gongye East 6th Road, East District,
Hsinchu City 30077, Taiwan (R.O.C.) 06/29/2009 786.30
Science Park Logistic Total 2,361.43
Taiwan Power Company
No. 242, Sec. 3, Roosevelt Road, Zhongzheng District,
Taipei City 10016, Taiwan (R.O.C.) 04/16/2009 1,022.25
Taiwan Power Company
No. 242, Sec. 3, Roosevelt Road, Zhongzheng District,
Taipei City 10016, Taiwan (R.O.C.) 05/19/2009 1,180.34
Taiwan Power Company
No. 242, Sec. 3, Roosevelt Road, Zhongzheng District,
Taipei City 10016, Taiwan (R.O.C.) 06/25/2009 1,115.79
Taiwan Power Company
No. 242, Sec. 3, Roosevelt Road, Zhongzheng District,
Taipei City 10016, Taiwan (R.O.C.) 07/16/2009 1,033.89
Taiwan Power Company Total 4,352.26
Taiwan Water Company 05/13/2009 15.53
Taiwan Water Company 07/13/2009 -
Taiwan Water Company Total 15.53
TaiYuan Corp.
1F., No. 36-3, Taiyuan Street, Zhubei City,
Hsinchu County 30265, Taiwan (R.O.C.) 05/07/2009 1,178.58
TaiYuan Corp.
1F., No. 36-3, Taiyuan Street, Zhubei City,
Hsinchu County 30265, Taiwan (R.O.C.) 06/08/2009 1,178.58
TaiYuan Corp. Total 2,357.16
TaiYuan Management Committee
No. 26, Taiyuan Street, Jhubei City,
Hsinchu County 30288, Taiwan (R.O.C.) 04/16/2009 949.82
TaiYuan Management Committee
No. 26, Taiyuan Street, Jhubei City,
Hsinchu County 30288, Taiwan (R.O.C.) 05/11/2009 949.82
TaiYuan Management Committee
No. 26, Taiyuan Street, Jhubei City,
Hsinchu County 30288, Taiwan (R.O.C.) 06/10/2009 949.82
TaiYuan Management Committee Total 2,849.45
Tax Department
4F., No. 131, Sec. 3, Nanjing East Road, Jhongshan District,
Taipei City 10410, Taiwan (R.O.C.) 05/08/2009 3,455.60
Tax Department
4F., No. 131, Sec. 3, Nanjing East Road, Jhongshan District,
Taipei City 10410, Taiwan (R.O.C.) 07/10/2009 -
Tax Department Total 3,455.60
TSAR&TSAI
8th F1, 245 DunHua South Road Sec. 1, Daan District,
Taipei City 106, Taiwan (R.O.C.) 06/10/2009 24,554.71
TSAR&TSAI Total 24,554.71
UPS
No 112-626, Postal Box, Jhongshan District,
Taipei City 10499, Taiwan (R.O.C.) 04/30/2009 105.32
Page 3 of 7
Electroglas International, Inc.
Case No. 09-12417
Exhibit SOFA 3b. Payment to Creditors
NAME ADDRESS DATE OF PAYMENT/TRANSFER AMOUNT PAID (USD)
UPS
No 112-626, Postal Box, Jhongshan District,
Taipei City 10499, Taiwan (R.O.C.) 04/30/2009 57.15
UPS
No 112-626, Postal Box, Jhongshan District,
Taipei City 10499, Taiwan (R.O.C.) 04/30/2009 373.67
UPS
No 112-626, Postal Box, Jhongshan District,
Taipei City 10499, Taiwan (R.O.C.) 06/01/2009 112.03
UPS
No 112-626, Postal Box, Jhongshan District,
Taipei City 10499, Taiwan (R.O.C.) 06/01/2009 99.09
UPS
No 112-626, Postal Box, Jhongshan District,
Taipei City 10499, Taiwan (R.O.C.) 06/30/2009 23.93
UPS
No 112-626, Postal Box, Jhongshan District,
Taipei City 10499, Taiwan (R.O.C.) 06/30/2009 394.73
UPS
No 112-626, Postal Box, Jhongshan District,
Taipei City 10499, Taiwan (R.O.C.) 07/15/2009 -
UPS Total 1,165.92
YuLiang Corp.
No. 26, Taiyuan Street, Jhubei City,
Hsinchu County 30288, Taiwan (R.O.C.) 04/30/2009 332.42
YuLiang Corp.
No. 26, Taiyuan Street, Jhubei City,
Hsinchu County 30288, Taiwan (R.O.C.) 06/01/2009 332.42
YuLiang Corp.
No. 26, Taiyuan Street, Jhubei City,
Hsinchu County 30288, Taiwan (R.O.C.) 06/30/2009 332.42
YuLiang Corp.
No. 26, Taiyuan Street, Jhubei City,
Hsinchu County 30288, Taiwan (R.O.C.) 07/06/2009 88.64
YuLiang Corp. Total 1,085.90
YuYuan Corp.
1F., No. 36-3, Taiyuan Street, Zhubei City,
Hsinchu County 30265, Taiwan (R.O.C.) 05/07/2009 7,101.71
YuYuan Corp.
1F., No. 36-3, Taiyuan Street, Zhubei City,
Hsinchu County 30265, Taiwan (R.O.C.) 06/08/2009 7,101.71
YuYuan Corp.
1F., No. 36-3, Taiyuan Street, Zhubei City,
Hsinchu County 30265, Taiwan (R.O.C.) 07/07/2009 7,101.71
YuYuan Corp. Total 21,305.14
Grand Total 82,365.99
-
Employees: -
Jack Wang
No. 2-6, Lane 53, Xintai Road, Zhubei City,
Hsinchu County 30252, Taiwan (R.O.C.) 05/08/2009 163.61
Jack Wang Total 163.61
Page 4 of 7
Electroglas International, Inc.
Case No. 09-12417
Exhibit SOFA 3b. Payment to Creditors
NAME ADDRESS DATE OF PAYMENT/TRANSFER AMOUNT PAID (USD)
Jason Yin
No 39, Lane 187, Derhsiang Road, Nantze District,
Kaohsiung City 800, Taiwan (R.O.C.) 04/10/2009 2,978.43
Jason Yin
No 39, Lane 187, Derhsiang Road, Nantze District,
Kaohsiung City 800, Taiwan (R.O.C.) 05/25/2009 397.76
Jason Yin
No 39, Lane 187, Derhsiang Road, Nantze District,
Kaohsiung City 800, Taiwan (R.O.C.) 06/10/2009 529.09
Jason Yin
No 39, Lane 187, Derhsiang Road, Nantze District,
Kaohsiung City 800, Taiwan (R.O.C.) 07/10/2009 -
Jason Yin Total 3,905.28
Jeff Chou
4F, No 352-2, Chunghwa Road, Zhubei City,
Hsinchu County 302, Taiwan (R.O.C.) 04/10/2009 84.83
Jeff Chou
4F, No 352-2, Chunghwa Road, Zhubei City,
Hsinchu County 302, Taiwan (R.O.C.) 04/24/2009 49.38
Jeff Chou Total 134.21
Jinny Hung
No. 821-3, Guangming 6th Road, Zhubei City,
Hsinchu County 30269, Taiwan (R.O.C.) 04/10/2009 208.31
Jinny Hung
No. 821-3, Guangming 6th Road, Zhubei City,
Hsinchu County 30269, Taiwan (R.O.C.) 04/24/2009 340.58
Jinny Hung
No. 821-3, Guangming 6th Road, Zhubei City,
Hsinchu County 30269, Taiwan (R.O.C.) 05/08/2009 250.10
Jinny Hung
No. 821-3, Guangming 6th Road, Zhubei City,
Hsinchu County 30269, Taiwan (R.O.C.) 05/25/2009 368.71
Jinny Hung
No. 821-3, Guangming 6th Road, Zhubei City,
Hsinchu County 30269, Taiwan (R.O.C.) 06/10/2009 186.00
Jinny Hung
No. 821-3, Guangming 6th Road, Zhubei City,
Hsinchu County 30269, Taiwan (R.O.C.) 06/25/2009 679.29
Jinny Hung
No. 821-3, Guangming 6th Road, Zhubei City,
Hsinchu County 30269, Taiwan (R.O.C.) 07/10/2009 -
Jinny Hung Total 2,032.99
Joe Tsai
No 39, Alley 1, Lane 30, Fucyun Street,
Hsinchu City 300, Taiwan (R.O.C.) 04/10/2009 524.77
Joe Tsai
No 39, Alley 1, Lane 30, Fucyun Street,
Hsinchu City 300, Taiwan (R.O.C.) 05/08/2009 858.91
Joe Tsai
No 39, Alley 1, Lane 30, Fucyun Street,
Hsinchu City 300, Taiwan (R.O.C.) 05/25/2009 1,000.10
Joe Tsai
No 39, Alley 1, Lane 30, Fucyun Street,
Hsinchu City 300, Taiwan (R.O.C.) 06/10/2009 591.77
Page 5 of 7
Electroglas International, Inc.
Case No. 09-12417
Exhibit SOFA 3b. Payment to Creditors
NAME ADDRESS DATE OF PAYMENT/TRANSFER AMOUNT PAID (USD)
Joe Tsai
No 39, Alley 1, Lane 30, Fucyun Street,
Hsinchu City 300, Taiwan (R.O.C.) 06/25/2009 322.69
Joe Tsai Total 3,298.25
Julia Chen
No.16, Alley 2, Lane 56, Dajhuang Road, Siangshan District,
Hsinchu City 300, Taiwan (R.O.C.) 04/10/2009 67.24
Julia Chen
No.16, Alley 2, Lane 56, Dajhuang Road, Siangshan District,
Hsinchu City 300, Taiwan (R.O.C.) 05/08/2009 50.38
Julia Chen
No.16, Alley 2, Lane 56, Dajhuang Road, Siangshan District,
Hsinchu City 300, Taiwan (R.O.C.) 06/25/2009 172.25
Julia Chen Total 289.87
Grand Total - EII Taiwan Employees 9,824.21
Electroglas International, Inc. (France)
NAME ADDRESS DATE OF PAYMENT/TRANSFER AMOUNT PAID (USD)
40-30
29 Rue De La Tuilerie,
Seyssinet-Pariset Cedex 38176, France 5/21/09 6,656.67
Arval
22 Rue Des Deux Gares,
Rueil Malmaison Cedex 92564, France 5/4/09, 6/2/09, 7/1/09 2,022.42
Buro Club
29 Boulevard Des Alpes,
Meylan Cedex 38246, France 4/15/09, 5/15/09, 6/15/09 7,126.29
Bouygues Telecom
15-17 Rue Du Colonel Pierre Avia,
Paris Cedex 15 75729, France 4/21/09, 5/22/09, 6/22/09 789.26
RSI - Participations Exterieures
06913 Sophia Antipolis Cedex,
Sophia Antipolis Cedex 06913, France 5/15/09 14,223.98
CELT - GE Commercial Finance
92 Avenua De La Republique,
Maisons-Alfort Cedex 94706, France 5/4/09, 6/2/09, 7/1/09 5,290.78
CM-CIC Bail
12 Rue Gaillon,
Paris 75002, France 5/4/09, 6/2/09, 7/1/09 2,548.77
DHL
Zi Apris Nord II - 241 Rue de La Belle Etoile,
Roissy En France 95700, France 6/4/09 414.82
FedEx
125-135 Avenue Louis Roche,
Gennevilliers Cedex 92238, France 4/15/09, 6/4/09 1,334.43
France Telecom
TSA 40012,
Lille Cedex 9 59878, France 4/16, 5/4, 6/2, 6/8 & 7/3/09 272.35
Gide Loyrette Nouel A.A.R.P.I.
26, Cours Albert 1er,
Paris 75008, France 6/4/09 28,202.60
Page 6 of 7
Electroglas International, Inc.
Case No. 09-12417
Exhibit SOFA 3b. Payment to Creditors
NAME ADDRESS DATE OF PAYMENT/TRANSFER AMOUNT PAID (USD)
Global Technologie
Zi Du Peynier Avenue Georges Vacher,
Peynier 13790, France 5/21/09 1,855.17
Hertz
Belfast International Airport Ni BT29 4AA,
Belfast, United Kingdom 5/21/09 767.38
Johnstonsmillie
22 Craigmont Avenue, Corstorphine,
Edinburgh EH12 8HQ, United Kingdom 4/10/09, 7/7/09 3,105.78
Jurilex
45 Quai Charles de Gaulle,
Lyon 69006, France 5/21/09 590.28
Locam
2 Boulevard Des Etats-Unis,
Saint Etienne 42000, France 5/20/09 1,469.00
Orange MP 011, Blois Cedex 9 41964, France 4/15/09, 5/14/09, 6/15/09 172.92
Orial
12-15 Quai Du Commerce CP50203,
Lyon Cedex 09 69336, France 5/21/09, 6/22/09 5,509.86
Phoenix Travel Northwest Salford Quays, Manchester M50 3XZ, United Kingdom 5/22/09 770.30
SECAP 9 Rue Paul Lafargue, St Denis La Plaine 93217, France 4/14/09, 6/29/09 525.47
SDV
NC 52 Aeroport Zi De Couperigne,
Marignane Cedex 13728, France 7/3/09 63,455.85
SFR Client Enterprises - BP385, Saint Herblain Cedex 44819, France 4/17/09, 5/18/09, 6/15/09 2,483.01
S.I.E. Grenoble Vercors
24 Avenue Doyen Louis Weil BP 225,
Grenoble Cedex 1 38000, France 7/1/09 2,973.96
Temptronic Gewerbeparking 18, Mullrose D-15299, Germany 4/15/09 2,074.98
UPS 460 Rue Valibout, Plaisir 78370, France 4/15/09 277.16
UPS Supply Chain 26 Boulevard Louise Michel, Gennevilliers Cedex 92232, France 4/15/09 2,715.32
Urssaf De L'Isere Cedex 9, Grenoble Cedex 9 38046, France 4/10/09, 5/12/09, 6/16/09 47,687.78
Pole Emploi TSA 30276, Lyon Cedex 20 69945, France 4/10/09, 5/12/09, 6/16/09 8,002.49
Ceprim Chemin De Plan De Redon, La Bouilladisse 13720, France
CPRO 10 Rue F. Pelloutier - BP244, Echirolles Cedex 38433, France
Radiospares Rue Norman King - BP40453, Beauvais Cedex 60031, France
Employees
Aksuer, Bulent 1 Lotissement Sainte Fleur, Signes 83870, France 4/22, 5/27, 6/4 & 6/23/09 22,875.55
Bouquillion, Michel Cheim des Garrigues, Meyrargues 13650, France 4/22, 5/27, 6/4 & 6/23/09 16,051.66
Glerant, Marc 827 Chemin Carraire de Salin, Aix En Provence 13090, France 4/22, 5/27, 6/4 & 6/23/09 24,519.97
Magnabosco, Sophie 8 rue des Balmettes, Fontaine 38600, France 4/22/09, 5/27/09, 6/23/09 9,268.59
Pellegrino, Florence 62 rue Claude Genin, Grenoble 38100, France 4/22/09, 5/27/09, 6/23/09 8,865.99
Rey, Christian 58 T rue des Chenes, Sassenage 38360, France 4/22, 5/27, 6/4 & 6/23/09 14,130.96
Grand Total - EII France Employees 95,712.73
Page 7 of 7
FORM B6 - Cont.
( 12/94)
Electrogl as l nternational, Jnc.
09-12417
DECLARATION CONCERNING DEBTOR'S STATEMENT OF FINANCIAL
DECLARATION tJNl>ER PENALTY OF PEiUURY ON BEHALF OF A CORPORATION
I, Thomas E. Brunton, birecto:r, declare under penalty ofpeTjury that I have read the answers contained in the
foregoing Staternent of Financial Affairs and any attachments thereto and that they are true and correct to the hest
of my knowledge, information and belief.
Date: <6/ co(
Signature
Thomas E. Bnmton
Electroglas lnternation_al, Inc.
(An mdividual stgni ng.lm be hal r qf a partnersh tp or corporation must indtcate position or rclation_ship to debtor.)
#11363187 v1
CERTIFICATE OF SERVICE
I, James C. Carignan, hereby certify that on the 13
th
day of August, 2009, I caused
the foregoing Summary of Schedules and Statement of Financial Affairs to be served upon
the following individual by hand delivery.
Jane M. Leamy, Esq.
Office of the United States Trustee
844 King Street
Room 2207, Lockbox 35
Wilmington, DE 19801
/s/ James C. Carignan
James C. Carignan