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Full title: Monthly Application for Compensation (Seventh as Counsel to the Official Committee of Unsecured Creditors) for the period July 1, 2021 to July 31, 2021 Filed by Armstrong Teasdale LLP. Objections due by 9/9/2021. (Attachments: # 1 Notice # 2 Exhibit A # 3 Exhibit B # 4 Certificate of Service) (Sutty, Eric) (Entered: 08/20/2021)

Document posted on Aug 19, 2021 in the bankruptcy, 12 pages and 0 tables.

Bankrupt11 Summary (Automatically Generated)

Deadline: September 9, 2021 at 4:00 p.m. (ET) SEVENTH MONTHLY FEE AND EXPENSE APPLICATION OF ARMSTRONG TEASDALE LLP, COUNSEL TO THE OFFICIAL COMMITTEE OF UNSECURED CREDITORS, FOR ALLOWANCE OF COMPENSATION AND REIMBURSEMENT OF EXPENSES FOR THE PERIOD JULY 1, 2021 THROUGH JULY 31, 2021 Name of Applicant: Armstrong Teasdale LLP Authorized to Provide Professional Services to: Official Committee of Unsecured Creditors Date of Retention: February 4, 2021 nunc pro tunc to January 1, 2021 Period for which compensation and July 1, 2021 through July 31, 2021 reimbursement sought: Amount of compensation sought as $41,712.50 actual, reasonable and necessary Unsecured Creditors (the “Committee”) of the above-captioned debtor (the “Debtor”), hereby submits this Seventh Monthly Fee and Expense Application (the “Application”) of Armstrong Teasdale LLP, Counsel to the Official Committee of Unsecured Creditors, for Allowance of Compensation and Reimbursement of Expenses for the Period July 1, 2021 through July 31, 2021 (the “Application Period”) pursuant to sections 330 and 331 of title 11 of the United States Code (the “Bankruptcy Code”), Rule 2016 of the Federal Rules of Bankruptcy Procedures (the “Bankruptcy Rules”), Rule 2016-2 of the Local Rules of Bankruptcy Practice and Procedure of the United States Bankruptcy Court for the District of Delaware (the “Local Rules”), the United States Trustee’s Guidelines for Reviewing Applications for Compensation and Reimbursement of Expenses Filed Under 11 U.S.C. § 330 by Attorneys in Larger Chapter 11 Cases Effective as of November 1, 2013 (the “Revised UST Guidelines”) and the Order Establishing Procedures for Interim Compensation and Through the Sixth Monthly Fee Application, AT sought approval of 80% of its fees in the amount of $40,888.00 (100% = $51,110.00).Provided that there are no objections to such Monthly Fee Application filed within 21 days after the service of the Monthly Fee Application, the Professional may file a certificate of no objection (the “CNO”) with the Court.Upon the filing of the CNO, the Debtor is authorized to pay such Professional 80% of the fees and 100% of the expenses requested in such Monthly Fee Application.

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IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE In re: Chapter 11 KLAUSNER LUMBER TWO LLC, Case No.: 20-11518 (KBO) Debtor. Obj. Deadline: September 9, 2021 at 4:00 p.m. (ET) SEVENTH MONTHLY FEE AND EXPENSE APPLICATION OF ARMSTRONG TEASDALE LLP, COUNSEL TO THE OFFICIAL COMMITTEE OF UNSECURED CREDITORS, FOR ALLOWANCE OF COMPENSATION AND REIMBURSEMENT OF EXPENSES FOR THE PERIOD JULY 1, 2021 THROUGH JULY 31, 2021 Name of Applicant: Armstrong Teasdale LLP Authorized to Provide Professional Services to: Official Committee of Unsecured Creditors Date of Retention: February 4, 2021 nunc pro tunc to January 1, 2021 Period for which compensation and July 1, 2021 through July 31, 2021 reimbursement sought: Amount of compensation sought as $41,712.50 actual, reasonable and necessary Amount of expense reimbursement sought as actual, reasonable and necessary $0.00 as actual, reasonable and necessary: This is a: x monthly: interim ___ final application If this is not the first application filed, disclose the following for each prior application: Date Filed Period Covered Requested Requested Fees Expenses Approved Approved Fees Expenses 2/22/2021 1/1/31 – 1/31/21 $85,552.50 $0.00 $84,292.501 $0.00 3/22/2021 2/1/21 – 2/28/21 $77,255.00 $150.49 $77,255.00 $150.49 4/20/21 3/1/21 – 3/31/21 $99,530.00 $0.00 $99,530.00 $0.00 1 Reflects a voluntary reduction of $1,260.00 as agreed with the U.S. Trustee.

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5/20/21 4/1/21 – 4/30/21 $75,117.50 $222.82 $60,094.00 $222.82 6/21/21 5/1/21 – 5/31/21 $64,975.00 $39.68 $51,740.00 $39.68 7/21/21 6/1/21 – 6/30/21 $51,110.00 $0.00 $40,888.00 $0.00

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IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE In re: Chapter 11 KLAUSNER LUMBER TWO LLC, Case No.: 20-11518 (KBO) Debtor. Obj. Deadline: September 9, 2021 at 4:00 p.m. (ET) SEVENTH MONTHLY FEE AND EXPENSE APPLICATION OF ARMSTRONG TEASDALE LLP, COUNSEL TO THE OFFICIAL COMMITTEE OF UNSECURED CREDITORS, FOR ALLOWANCE OF COMPENSATION AND REIMBURSEMENT OF EXPENSES FOR THE PERIOD JULY 1, 2021 THROUGH JULY 31, 2021 Armstrong Teasdale LLP (“AT”), counsel to the Official Committee of Unsecured Creditors (the “Committee”) of the above-captioned debtor (the “Debtor”), hereby submits this Seventh Monthly Fee and Expense Application (the “Application”) of Armstrong Teasdale LLP, Counsel to the Official Committee of Unsecured Creditors, for Allowance of Compensation and Reimbursement of Expenses for the Period July 1, 2021 through July 31, 2021 (the “Application Period”) pursuant to sections 330 and 331 of title 11 of the United States Code (the “Bankruptcy Code”), Rule 2016 of the Federal Rules of Bankruptcy Procedures (the “Bankruptcy Rules”), Rule 2016-2 of the Local Rules of Bankruptcy Practice and Procedure of the United States Bankruptcy Court for the District of Delaware (the “Local Rules”), the United States Trustee’s Guidelines for Reviewing Applications for Compensation and Reimbursement of Expenses Filed Under 11 U.S.C. § 330 by Attorneys in Larger Chapter 11 Cases Effective as of November 1, 2013 (the “Revised UST Guidelines”) and the Order Establishing Procedures for Interim Compensation and Reimbursement of Expenses for Retained Professionals [D.I. 235] (the “Interim Compensation Procedures Order”). In support of this Application, AT represents as follows:

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JURISDICTION 1. This Court has jurisdiction over this Application pursuant to 28 U.S.C. §§ 157 and 1334 and the Amended Standing Order of Reference from the United States District Court f or the District of Delaware, dated February 29, 2012. This is a core proceeding within the meaning of 28 U.S.C. § 157(b)(2). Venue in this district is proper pursuant to 28 U.S.C. §§ 1408 and 1409. 2. The statutory predicates for the relief requested herein are sections 330 and 331 of the Bankruptcy Code, as supplemented by Bankrupty Rule 2016, Local Rule 2016-2, the UST Guidelines, and the Interim Compensatoin Procedures Order. BACKGROUND 3. On June 10, 2020 (the “Petition Date”), the Debtor commenced its bankruptcy case (the “Chapter 11 Case”) by filing a voluntary petition for relief under chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. On April 30, 2020, the Debtor’s affiliate, Klausner Lumber One LLC, filed a voluntary petition for relief under chapter 11 of the Bankruptcy Code, which is being administered separate and apart from the Debtor’s case. See In re Klausner Lumber One LLC, Case No. 20-11033 (KBO) (Bankr. D. Del. 2020). 4. No trustee or examiner has been appointed in this Chapter 11 Case. 5. On June 25, 2020, the United States Trustee for the District of Delaware (the “UST”) appointed the Committee pursuant to section 1102(a)(1) of the Bankruptcy Code [D.I. 27]. The Committee is comprised of the following three members: (i) Greenline CDF Subfund XXXIV< LLC; (ii) VSC Fire & Security, Inc.; and (iii) LSAB Sverige Forsalning AB. 6. On December 17, 2020, the Court entered the Order (I) Approving APA, (II)

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Authorizing the Sale of Certain of the Debtor’s Assets Free and Clear of Certain Encumbrances, (III) Authorizing the Assumption and Assignment of Certain Executory Contracts and Unexpired Leases, and (IV) Granting Related Relief [D.I. 507]. 7. On December 23, 2020, filed an Amended Notice of Appointment of Committee of Unsecured Creditors, which reflected the new representative for LSAB Sverige Forsalning AB [D.I. 528]. 8. On January 1, 2021 (the “Retention Date”), the Committee selected AT as successor counsel to the Committee. 9. On January 12, 2021, the Debtor filed a Notice of Closing of Sale of Substantially All of the Debtor’s Assets [D.I. 553]. The closing date of the sale occurred on January 8, 2021. 10. On January 15, 2021, the Committee filed the Application of the Official Committee of Unsecured Creditors for an Order Authorizing and Approving the Employment and Retention of Armstrong Teasdale LLP as Successor Counsel Nunc Pro Tunc to January 1, 2021 [D.I. 558]. 11. On February 4, 2021, the Court entered the Order Authorizing the Employment and Retention of Armstrong Teasdale LLP as Successor Counsel to the Official Committee of Unsecured Creditors Nunc Pro Tunc to January 1, 2021 [D.I. 607]. 12. On February 22, 2021, AT filed its First Monthly Fee and Expense Application for Allowance of Compensation and Reimbursement of Expenses for the Period January 1, 2021 through January 31, 2021 (the “First Monthly Fee Application”) [D.I. 630]. Through the First Monthly Fee Application, AT sought approval of 80% of its fees in the amount of $68,442.00 (100% = $85,552.50). 13. On March 16, 2021, AT filed a Certificate of No Objection – No Order Required

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[D.I. 671] regarding the First Monthly Fee Application. Pursuant to the Interim Compensation Order, the Debtor was authorized to remit payment in the amount of $68,442.00 to AT on account of its approved fees. 14. On March 22, 2021, AT filed its Second Monthly Fee and Expense Application for Allowance of Compensation and Reimbursement of Expenses for the Period February 1, 2021 through February 28, 2021 (the “Second Monthly Fee Application”) [D.I. 678]. Through the Second Monthly Fee Application, AT sought approval of 80% of its fees in the amount of $61,804.00 (100% = $77,255.00) and 100% of its expenses in the amount of $150.49. 15. On April 13, 2021, AT filed a Certificate of No Objection – No Order Required [D.I. 717] regarding the Second Monthly Fee Application. Pursuant to the Interim Compensation Order, the Debtor was authorized to remit payment in the amount of $61,954.49 to AT on account of its approved fees and expenses. 16. On April 20, 2021, AT filed its Third Monthly Fee and Expense Application for Allowance of Compensation and Reimbursement of Expenses for the Period March 1, 2021 through March 31, 2021 (the “Third Monthly Fee Application”) [D.I. 729]. Through the Third Monthly Fee Application, AT sought approval of 80% of its fees in the amount of $79,624.00 (100% = $99,530.00). 17. On May 12, 2021, AT filed a Certificate of No Objection – No Order Required [D.I. 765] regarding the Third Monthly Fee Application. Pursuant to the Interim Compensation Order, the Debtor was authorized to remit payment in the amount of $79,624.00 to AT on account of its approved fees and expenses. 18. On May 20, 2021, AT filed its Fourth Monthly Fee and Expense Application for Allowance of Compensation and Reimbursement of Expenses for the Period April 1, 2021

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through April 30, 2021 (the “Fourth Monthly Fee Application”) [D.I. 781]. Through the Fourth Monthly Fee Application, AT sought approval of 80% of its fees in the amount of $60,094.00 (100% = $75,117.50) and 100% of its expenses in the amount of $222.82. 19. On June 11, 2021, AT filed a Certificate of No Objection – No Order Required [D.I. 809] regarding the Fourth Monthly Fee Application. Pursuant to the Interim Compensation Order, the Debtor was authorized to remit payment in the amount of $60,316.82 to AT on account of its approved fees and expenses. 20. On June 21, 2021, AT filed its Fifth Monthly Fee and Expense Application for Allowance of Compensation and Reimbursement of Expenses for the Period May 1, 2021 through May 31, 2021 (the “Fifth Monthly Fee Application”) [D.I. 819]. Through the Fifth Monthly Fee Application, AT sought approval of 80% of its fees in the amount of $51,740.00 (100% = $64,975.00) and 100% of its expenses in the amount of $39.68. 21. On July 13, 2021, AT filed a Certificate of No Objection – No Order Required [D.I. 845] regarding the Fifth Monthly Fee Application. Pursuant to the Interim Compensation Order, the Debtor was authorized to remit payment in the amount of $51,779.68 to AT on account of its approved fees and expenses. 22. On July 21, 2021, AT filed its Sixth Monthly Fee and Expense Application for Allowance of Compensation and Reimbursement of Expenses for the Period June 1, 2021 through June 30, 2021 (the “Sixth Monthly Fee Application”) [D.I. 863]. Through the Sixth Monthly Fee Application, AT sought approval of 80% of its fees in the amount of $40,888.00 (100% = $51,110.00). 23. On August 13, 2021, AT filed a Certificate of No Objection – No Order Required [D.I. 945] regarding the Sixth Monthly Fee Application. Pursuant to the Interim Compensation

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Order, the Debtor was authorized to remit payment in the amount of $40,888.00 to AT on account of its approved fees. INTERIM COMENSATION PROCEDURES ORDER 24. The Court entered the Interim Compensation Procedures Order on September 14, 2020. The Interim Compensation Procedures Oder sets forth the procedures for interim compensation and reimbursement of expenses for all Professionals1 in this case. 25. In particular, the Interim Compensation Procedures Order provides that Professionals may file and serve a Monthly Fee Application no earlier than the 20th day of each month following the month for which compensation is sought, for interim approval and allowance of compensation for services rendered and reimbursement of expenses incurred during the immediately preceding month. The Notice Parties will have 21 days (or the next business day if such day is not a business day) after the service of a Monthly Fee Application to object to the requested compensation for services rendered and reimbursement of expenses incurred. Provided that there are no objections to such Monthly Fee Application filed within 21 days after the service of the Monthly Fee Application, the Professional may file a certificate of no objection (the “CNO”) with the Court. 26. Upon the filing of the CNO, the Debtor is authorized to pay such Professional 80% of the fees and 100% of the expenses requested in such Monthly Fee Application. If a partial objection to the Monthly Fee Application is filed, then the Debtor is authorized to pay 80% of the fees and 100% of the expenses not subject to an objection. RELIEF REQUESTED 27. AT submits this Application for (a) allowance of reasonable compensation for the 1 Capitalized terms not otherwise defined herein shall have the meanings ascribed to them in the Interim Compensation Procedures Order.

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actual, reasonable, and necessary professional services that it has rendered as successor counsel to the Committee in this case during the Application Period and (b) reimbursement of actual, reasonable, and necessary expenses incurred by AT during the same period. 28. During the Application Period, AT incurred fees in the amount of $41,712.50. As of the date of this Application, AT has received no payments with respect to these amounts. 29. Set forth on the foregoing “Compensation by Project Category” is a summary, by subject matter category, of the time expended by AT timekeepers billing time to the Debtor’s case during the Application Period. Attached hereto as Exhibit A are the computer generated time entries reflecting the time recorded for these services, organized in project billing categories. In addition, attached hereto as Exhibit B is a summary of fees by project category. 30. All time entries and requested expenses are in compliance with Rule 2016-2 of the Local Rules. AT only charges for one-half time for travel. The time entries under code B195 are noted as having been reduced by 50% to reflect half-time charges. 31. AT has endeavored to represent the Committee in the most expeditious and economical manner possible. Tasks have been assigned to attorneys, paralegals, and other support staff at AT so that work has been performed by those most familiar with the particular matter or task and, where attorney or paralegal involvement was required, by the lowest hourly rate professional appropriate for a particular matter. 32. No agreement or understanding exists between AT and any other person for the sharing of compensation received or to be received for services rendered or in connection with this case. 33. The undersigned has reviewed the requirement of Local Rule 2016-2 and certifies to the best of his information, knowledge, and belief that this Application complies with that

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Rule. INFORMATION RELATED TO THE REVISED UST GUIDELINES 34. AT provides the following information pursuant to Appendix B of the Revised UST Guidelines. 35. AT’s hourly rates for bankruptcy services are comparable to the hourly rates charged in complex chapter 11 cases by comparably skilled bankruptcy attorneys. In addition, AT’s hourly rates for bankruptcy services are comparable to the rates charged by AT, and by comparably skilled practitioners in other firms, for complex corporate and litigation matters, whether in our or otherwise, regardless of whether a fee application is required. 36. The blended hourly rates for all AT timekeepers who worked on this case is approximately the same as the firm’s blended rate for all timekeepers over a Comparable Period (defined below). In particular, the blended hourly rates for all AT timekeepers (including both professionals and paraprofessionals) who billed to matters excluding chapter 11 committee representations (collectively, the “Non-Chapter 11 Matters”) during the 12-month period beginning December 31, 2019 and ending on December 31, 2020 (the “Comparable Period”) was in, the aggregate, approximately $655.25. By comparison, the blended hourly rates for all AT timekeepers (including both professionals and paraprofessionals) who worked on this case during the Application Period were, in the aggregate, $564.44. 37. The following table shows blended hourly rates by category of professional and paraprofessional (rounded to the nearest dollar): Position at Armstrong Blended Hourly Rate for Blended Hourly Rate for Teasdale Application Period Non-Bankruptcy Matters Partner $617 $680 Associate $375 $485 Paralegal $250 $275

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38. In addition, AT provides the following responses to the inquiries stated in section C.5 of the Revised UST Guidelines: a. Did you agree to any variations from, or alternatives to, your standard or customary billing rates, fees or terms for services pertaining to this engagement that were provided during the application period? If so, please explain. No. b. If the fees sought in this fee application as compared to the fees budgeted for the time period covered by this fee application are higher by 10% of more, did you discuss the reasons for the variation with the client? No. c. Have any of the professionals included in this fee application varied their hourly rate based on the geographic location of the bankruptcy case? No. d. Does the fee application include time or fees related to reviewing or revising time records or preparing, reviewing, or revising invoices? (This is limited to work involved in preparing and editing billing records that would not be compensable outside of the bankruptcy and does not include reasonable fees for preparing a fee application). If so, please quantify by hours and fees. No. e. Does this fee application include time or fees for reviewing time records to redact any privileged or other confidential information? If so, please quantify by hours and fees. No. f. If the fee application includes any rate increases since retention: (i) did your client review and approve those rate increases in advances? and (ii) did your client agree when retaining the law firm to accept all future rate increases? Yes. If not, did you inform your client that they need not agree to modified rates or terms in order to have you continue the representation, consistent with ABA Formal Ethics Opinion 11-458? Not applicable. The fee application does not include any rate increases since retention. WHEREFORE, AT respectfully requests that this Court (a) allow AT interim compensation in the amount of $41,712.50 for actual, reasonable, and necessary professional services rendered on behalf of the Committee during the Application Period; (b) authorize and direct the Debtor to pay to AT the amount of $433,370.00, which is equal to the sum of 80% of AT’s allowed interim fees; and (c) grant such other and further relief as the Court deems just or proper.

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Dated: August 20, 2021 ARMSTRONG TEASDALE LLP /s/ Eric M. Sutty Eric M. Sutty (No. 4007) Jonathan M. Stemerman (No. 4510) 300 Delaware Avenue, Suite 210 Wilmington, DE 19801 Telephone: (302) 824-7089 Email: esutty@atllp.com jstemerman@atllp.com Counsel to the Official Committee of Unsecured Creditors

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