HTML Document View

Full title: Order Awarding Eleventh Interim Application for Compensation to Attorney Jones Day, Debtor's Attorney, Fees awarded: $2834375.00, Expenses awarded: $0.00; Awarded on 8/18/2021. (RE: related document(s)1917 Application for Compensation filed by Debtor Bestwall LLC) (cas) (Entered: 08/18/2021)

Document posted on Aug 17, 2021 in the bankruptcy, 3 pages and 0 tables.

Bankrupt11 Summary (Automatically Generated)

In re Chapter 11 BESTWALL LLC,1 Case No. 17-31795 (LTB) Debtor. ORDER GRANTING THE ELEVENTH INTERIM APPLICATION OF JONES DAY FOR ALLOWANCE OF COMPENSATION FOR SERVICES RENDERED This matter coming before the Court on the Eleventh Interim Application of Jones Day for Allowance of Compensation for Services Rendered as Counsel to the Debtor for the Period From March 1, 2021 Through June 30, 2021 possession in the above-captioned chapter 11 case (the “Debtor”); the Court having reviewed the Interim Fee Application; the Court having found that (a) the Court has jurisdiction over this matter pursuant to 28 U.S.C. §§ 157 and 1334, (b) this is a core proceeding pursuant to 28 U.S.C. § 157(b), (c) notice of the Interim Fee Application and the notice of an opportunity for hearing with respect to the Interim Fee Application were served upon the parties required by Rule 2002-1(g) of the Rules of Practice and Procedure of the United States Bankruptcy Court for the Western District of North Carolina (the “Local Rules”) and the Order Establishing Procedures for Interim Compensation and Reimbursement of Expenses of Retained Professionals [Dkt. 132] (the “Interim Compensation Order”) and no other or further notice is required, (d) the compensation requested in the Interim Fee Application is reasonable and for actual and necessary services rendered by Jones Day on behalf of the Debtor during the period from March 1, 2021 through June 30, 2021 (the “Compensation Period”), and (e) the Interim Fee Application fully complies with the Interim Compensation Order, the Bankruptcy Code, the Bankruptcy Rules, the Local Rules and the Compensation Guidelines; and the Court having determined that the legal and factual bases set forth in the Interim Fee Application establish just cause for the relief granted herein; IT IS HEREBY ORDERED THAT: 1. The Debtor is authorized and directed to pay promptly to Jones Day the amount of fees and expenses approved by this Order, to the extent that such amounts have not previously been paid by the Debtor.The Judge’s signature and Court’s seal appear at the top of the Order.

List of Tables

Document Contents

FILED & JUDGMENT ENTERED Steven T. Salata August 18 2021 Clerk, U.S. Bankruptcy Court Western District of North Carolina _____________________________ Laura T. Beyer United States Bankruptcy Judge UNITED STATES BANKRUPTCY COURT WESTERN DISTRICT OF NORTH CAROLINA CHARLOTTE DIVISION In re Chapter 11 BESTWALL LLC,1 Case No. 17-31795 (LTB) Debtor. ORDER GRANTING THE ELEVENTH INTERIM APPLICATION OF JONES DAY FOR ALLOWANCE OF COMPENSATION FOR SERVICES RENDERED AS COUNSEL TO THE DEBTOR FOR THE PERIOD FROM MARCH 1, 2021 THROUGH JUNE 30, 2021 This matter coming before the Court on the Eleventh Interim Application of Jones Day for Allowance of Compensation for Services Rendered as Counsel to the Debtor for the Period From March 1, 2021 Through June 30, 2021 [Dkt. 1917] (the “Interim Fee Application”)2 filed by Jones Day as counsel to Bestwall LLC, the debtor and debtor in 1 The last four digits of the Debtor’s taxpayer identification number are 5815. The Debtor’s address is 133 Peachtree Street, N.E., Atlanta, Georgia 30303. 2 Capitalized terms used but not otherwise defined herein shall have the respective meanings given to such terms in the Interim Fee Application.

1

possession in the above-captioned chapter 11 case (the “Debtor”); the Court having reviewed the Interim Fee Application; the Court having found that (a) the Court has jurisdiction over this matter pursuant to 28 U.S.C. §§ 157 and 1334, (b) this is a core proceeding pursuant to 28 U.S.C. § 157(b), (c) notice of the Interim Fee Application and the notice of an opportunity for hearing with respect to the Interim Fee Application were served upon the parties required by Rule 2002-1(g) of the Rules of Practice and Procedure of the United States Bankruptcy Court for the Western District of North Carolina (the “Local Rules”) and the Order Establishing Procedures for Interim Compensation and Reimbursement of Expenses of Retained Professionals [Dkt. 132] (the “Interim Compensation Order”) and no other or further notice is required, (d) the compensation requested in the Interim Fee Application is reasonable and for actual and necessary services rendered by Jones Day on behalf of the Debtor during the period from March 1, 2021 through June 30, 2021 (the “Compensation Period”), and (e) the Interim Fee Application fully complies with the Interim Compensation Order, the Bankruptcy Code, the Bankruptcy Rules, the Local Rules and the Compensation Guidelines; and the Court having determined that the legal and factual bases set forth in the Interim Fee Application establish just cause for the relief granted herein; IT IS HEREBY ORDERED THAT: 1. The Interim Fee Application is GRANTED. 2. Jones Day is awarded, on an interim basis, compensation for professional services rendered during the Compensation Period in the amount of $2,834,375.00. 3. The Debtor is authorized and directed to pay promptly to Jones Day the amount of fees and expenses approved by this Order, to the extent that such amounts have not previously been paid by the Debtor.

2

4. The Debtor and Jones Day are authorized and empowered to take all actions necessary to implement the relief granted in this Order. 5. This Court shall retain exclusive jurisdiction over any and all matters arising from or related to the implementation, enforcement or interpretation of this Order. This Order has been signed electronically. United States Bankruptcy Court The Judge’s signature and Court’s seal appear at the top of the Order.

3