HTML Document View

Full title: Monthly Application for Compensation (Sixth) of Donlin, Recano & Company, Inc., for Compensation for Services Rendered and Reimbursement of Expenses as Administrative Advisor to the Debtor for the period June 1, 2021 to June 30, 2021. Filed by Donlin, Recano & Company, Inc.. Objections due by 8/11/2021. (Attachments: # 1 Notice # 2 Exhibit A # 3 Exhibit B) (Fu, Michelle) (Entered: 07/21/2021)

Document posted on Jul 20, 2021 in the bankruptcy, 8 pages and 0 tables.

Bankrupt11 Summary (Automatically Generated)

Hearing Date: Only if Objections are filed SIXTH MONTHLY APPLICATION OF DONLIN, RECANO & COMPANY, INC., FOR COMPENSATION FOR SERVICES RENDERED AND REIMBURSEMENT OF EXPENSES AS ADMINISTRATIVE ADVISOR TO THE DEBTOR FOR THE PERIOD JUNE 1, 2021 THROUGH JUNE 30, 2021 Pursuant to sections 330 and 331 of title 11 of the United States Code (as amended, the “Bankruptcy Code”), Rule 2016 of the Federal Rules of Bankruptcy Procedure (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”) and this Court’s June 5, 2020 Order Establishing Procedures For Interim Compensation And Reimbursement Of Expenses For (“DRC”), hereby submits this sixth monthly application (the “Sixth Monthly Application”) for compensation of services rendered as administrative advisor for the above-captioned debtor and debtor in possession (the “Debtor”), seeking interim allowance of fees in the amount of $2,395.80 and payment of professional fees in the amount of $1,916.64 (80% of $2,395.80) together with reimbursement of DRC’s actual and necessary expenses incurred in the amount of $0.00 for the period commencing June 1, 2021 through and including June 30, 2021 (the “Compensation Period”).Pursuant to the Administrative Fee Order, each Professional may file and serve a monthly fee statement seeking interim approval and allowance of compensation for services rendered and reimbursement of expenses incurred during the preceding month.Monthly Application, and in accordance with the Administrative Fee Order, DRC seeks interim allowance of fees in the amount of $2,395.80 in fees, payment of 80% of that amount ($1,916.64) for services rendered on behalf of the Debtor during the Compensation Period and reimbursement of actual necessary costs and expenses in the amount of $0.00.The general areas in which DRC has rendered services to the Debtor during the Compensation Period may be broadly characterized as follows: (a) DRC professionals supervised and updated the claim database; (b) DRC professionals prepared their fifth combined monthly fee statement; and (c) DRC professionals assisted the Debtor in the solicitation of votes on their plan including, preparing interim vote tabulation reports, processing ballots and responding to creditor inquiries.

List of Tables

Document Contents

IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE In re Chapter 11 KLAUSNER LUMBER ONE, LLC Case No. 20-11033 (KBO) Debtor.1 Objection Deadline: August 11, 2021 at 4:00 p.m. (ET) Hearing Date: Only if Objections are filed SUMMARY OF SIXTH MONTHLY APPLICATION OF DONLIN, RECANO & COMPANY, INC. FOR COMPENSATION FOR SERVICES RENDERED AND REIMBURSEMENT OF EXPENSES AS ADMINISTATIVE ADVISOR TO THE DEBTOR FOR THE PERIOD JUNE 1, 2021 THROUGH JUNE 30, 2021 Name of Applicant: Donlin, Recano & Company, Inc. 6201 15TH Avenue Brooklyn, NY 11219 Telephone Number (212) 481-1411 Authorized to Provide The Debtor Services to: Date of Retention: June 4, 2020, nunc pro tunc to May 4, 2020 Period for which compensation June 1, 2021 through June 30, 2021 and reimbursement is sought: Amount of Compensation sought as actual, reasonable and necessary: $2,395.80 Amount of Expense Reimbursement sought as actual, reasonable and necessary: $0.00 This is a: Monthly __X_ Interim _____ Final _____ Application. 1 The last four digits of the Debtor’s federal EIN are 9109. The Debtor’s mailing address is Klausner Lumber One LLC, P.O. Box 878, Middleburg, VA 20118.

1

If this is not the first application filed, disclose the following for each prior application
Table 1 on page 2. Back to List of Tables
None Requested None Approved None
Date Filed Period
Covered
Fees Expenses Fees at 80% Expenses
July 20, 2020;
Docket No.
216
May 4, 2020
through June
30, 2020
$15,363.50 $0.00 $12,290.80 $0.00
February 24,
2021; Docket
No. 734
January 1,
2021 through
January 31,
2021
$1,580.10 $0.00 $1,264.08 $0.00
March 23,
2021; Docket
No. 811
February 1,
2021 through
February 28,
2021
$1,233.80 $0.00 $987.04 $0.00
May 25,
2021; Docket
No. 929
March 1,
2021 through
April 30,
2021
$3,447.10 $0.00 $2,757.68 $0.00
June 21,
2021; Docket
No. 980
May 1, 2021
through May
31, 2021
$5,499.60 $0.00 $4,399.68 $0.00
If this is not the first application filed, disclose the following for each prior application SUMMARY OF PROFESSIONALS
Table 2 on page 2. Back to List of Tables
Name of
Professional
Person
Position Hourly
Billing
Rate
Total
Billed
Hours
Total
Compensation
John Burlacu Senior Bankruptcy Consultant $179.00 5.3 $948.70
Robin Charles Senior Bankruptcy Consultant $179.00 1.0 $179.00
Robert Gillin Senior Bankruptcy Consultant $179.00 3.5 $626.50
Andrew Logan Senior Bankruptcy Consultant $179.00 0.7 $125.30
Lisa Terry Senior Bankruptcy Consultant $179.00 2.0 $358.00
Roland Tomforde Senior Bankruptcy Consultant $179.00 0.1 $17.90
Tina Carr Consultant/Analyst $116.00 0.8 $92.80
Tina Carr* Consultant/Analyst $68.00 0.2 $13.60
Rommel Mapa* Case Manager $68.00 0.5 $34.00
Grand Total None None 14.1 $2,395.80
Blended Rate None None None $169.91
*Different rates apply depending upon tasks performed.

2

COMPENSATION BY PROJECT CATEGORY
Table 1 on page 3. Back to List of Tables
PROJECT CATEGORY TOTAL HOURS TOTAL FEES
Claims, Docket Review, Objections and
Transfers
0.2 $35.80
Fee Statement and Application Preparation 2.6 $465.40
Voting and Solicitation 11.3 $1,894.60
GRAND TOTAL 14.1 $2,395.80

3

IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE In re Chapter 11 KLAUSNER LUMBER ONE, LLC Case No. 20-11033 (KBO) Debtor.1 Objection Deadline: August 11, 2021 at 4:00 p.m. (ET) Hearing Date: Only if Objections are filed SIXTH MONTHLY APPLICATION OF DONLIN, RECANO & COMPANY, INC., FOR COMPENSATION FOR SERVICES RENDERED AND REIMBURSEMENT OF EXPENSES AS ADMINISTRATIVE ADVISOR TO THE DEBTOR FOR THE PERIOD JUNE 1, 2021 THROUGH JUNE 30, 2021 Pursuant to sections 330 and 331 of title 11 of the United States Code (as amended, the “Bankruptcy Code”), Rule 2016 of the Federal Rules of Bankruptcy Procedure (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”) and this Court’s June 5, 2020 Order Establishing Procedures For Interim Compensation And Reimbursement Of Expenses For Retained Professionals [Docket No. 132] (the “Administrative Fee Order”), Donlin, Recano & Company, Inc. (“DRC”), hereby submits this sixth monthly application (the “Sixth Monthly Application”) for compensation of services rendered as administrative advisor for the above-captioned debtor and debtor in possession (the “Debtor”), seeking interim allowance of fees in the amount of $2,395.80 and payment of professional fees in the amount of $1,916.64 (80% of $2,395.80) together with reimbursement of DRC’s actual and necessary expenses incurred in the amount of $0.00 for the period commencing June 1, 2021 through and including June 30, 2021 (the “Compensation Period”). In support of this Sixth Monthly Application, DRC respectfully represents as follows: 1 The last four digits of the Debtor’s federal EIN are 9109. The Debtor’s mailing address is Klausner Lumber One LLC, P.O. Box 878, Middleburg, VA 20118.

4

JURISDICTION 1. This Court has jurisdiction over this matter pursuant to the provisions of 28 U.S.C. §§ 157 and 1334, and the Amended Standing Order of Reference from the United States District Court for the District of Delaware dated as of February 29, 2012. Venue is proper in this District pursuant to 28 U.S.C. §§ 1408 and 1409. The statutory predicates for the relief sought herein are sections 330 and 331 of the Bankruptcy Code, Bankruptcy Rule 2016 and Local Rule 2016-2. BACKGROUND 2. On April 30, 2020 (the “Petition Date”), the Debtor filed a voluntary petition for relief under chapter 11 of the Bankruptcy Code with the United States Bankruptcy Court for the District of Delaware. 3. The Debtor has continued in the possession of its property and has continued to operate and manage its business as a debtor in possession pursuant to sections 1107(a) and 1108 of the Bankruptcy Code. No trustee or examiner has been appointed in this case. 4. On May 18, 2020, the Debtor filed the Debtor’s Application For Entry Of An Order Authorizing The Debtor To Retain And Employ Donlin, Recano & Company As Administrative Advisor Effective Nunc Pro Tunc To May 4, 2020 [Docket No. 73] (the “Employment Application”). On June 4, 2020, the Court entered the Order Granting Debtor’s Application for Entry of an Order Authorizing the Debtor to Retain and Employ Donlin, Recano & Company, Inc. As Administrative Advisor Effective Nunc Pro Tunc to May 4, 2020 (the “Retention Order”) [Docket No. 123]. 5. Pursuant to the Administrative Fee Order, each Professional may file and serve a monthly fee statement seeking interim approval and allowance of compensation for services rendered and reimbursement of expenses incurred during the preceding month. If no objections 2

5

are raised prior to the expiration of a 21 day objection period, the Debtor is authorized to pay each Professional an amount equal to the lesser of (i) 80% of the fees and 100% of the expenses requested in the monthly fee statement or (ii) 80% of the fees and 100% of the expenses requested in the monthly fee statement that are not subject to an objection. RELIEF REQUESTED 6. Through this Sixth Monthly Application, and in accordance with the Administrative Fee Order, DRC seeks interim allowance of fees in the amount of $2,395.80 in fees, payment of 80% of that amount ($1,916.64) for services rendered on behalf of the Debtor during the Compensation Period and reimbursement of actual necessary costs and expenses in the amount of $0.00. 7. DRC has received no payment and no promises for payment from any source other than the Debtor for services rendered during the Compensation Period in connection with the Debtor’s chapter 11 case. There exists no agreement or understanding between DRC and any other person for the sharing of any compensation to be received for services rendered by DRC in the Debtor’s chapter 11 case. 8. All services for which compensation is requested by DRC pursuant to this Application were performed for or on behalf of the Debtor in this chapter 11 case. 9. This is DRC’s Sixth Monthly Application. SUMMARY OF SERVICES RENDERED 10. DRC has maintained detailed records of the time spent in the rendition of professional services to the Debtor during the Compensation Period. Attached hereto as Exhibit A and incorporated herein by reference is a true and correct copy of the monthly billing statement prepared for the services rendered in this case by DRC. The billing statement is in the same form regularly used by DRC to bill its clients for services rendered and includes the date 3

6

that the services were rendered, a detailed, contemporaneous narrative description of the services provided, the amount of time spent for each service and the designation of the professional who performed the service. 11. DRC rendered 14.1 hours of professional services during the Compensation Period resulting in fees totaling $2,395.80, and incurred reasonable and necessary expenses totaling $0.00. 12. The general areas in which DRC has rendered services to the Debtor during the Compensation Period may be broadly characterized as follows: (a) DRC professionals supervised and updated the claim database; (b) DRC professionals prepared their fifth combined monthly fee statement; and (c) DRC professionals assisted the Debtor in the solicitation of votes on their plan including, preparing interim vote tabulation reports, processing ballots and responding to creditor inquiries. 13. The generality of the foregoing description is amplified on a day-to-day basis by the billing statement attached as Exhibit A. 14. Annexed as Exhibit B and made part hereof is the Certification of Roland Tomforde, pursuant to Section 504 of the Bankruptcy Code. 15. Pursuant to the Administrative Fee Order, professionals are entitled to compensation from the Debtor’s estate and may be paid 80% of their allowed monthly fees and 100% of allowed expenses. The Administrative Fee Order specifically provides that all fees and expenses received remain subject to the Court’s final approval and allowance. Thus, through this Sixth Monthly Application, DRC seeks interim payment of $1,916.64 (80% of $2,395.80) in fees and $0.00 in expenses. 4

7

WHEREFORE, DRC respectfully requests (a) interim allowance of its fees for services rendered during the Compensation Period in the amount of $2,395.80 (b) payment for services rendered during the Compensation Period in the amount of $1,916.64 (80% of $2,395.80), and (c) allowance and reimbursement of $0.00 in actual and necessary expenses incurred during the Compensation Period. Dated: Brooklyn, New York July 21, 2021 Respectfully submitted, DONLIN, RECANO & COMPANY, INC. By: _________________________________ Roland Tomforde Chief Operating Officer Donlin, Recano & Company, Inc. 6201 15th Avenue Brooklyn, NY 11219 Telephone: (212) 481-1411 Facsimile: (212) 481-1416 E-mail: rtomforde@donlinrecano.com 5

8