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Full title: Application for Compensation / Second Interim Application of Pachulski Stang Ziehl & Jones LLP as Counsel to the Official Committee of Unsecured Creditors for Allowance and Payment of Compensation and Reimbursement of Expenses for the Period December 1, 2020 through April 30, 2021 for John D. Fiero, Creditor Comm. Aty, Fee: $1037299.30, Expenses: $1484.45. Filed by Attorney John D. Fiero (Attachments: # 1 Declaration of John D. Fiero # 2 Certificate of Service) (Fiero, John) (Entered: 06/25/2021)

Document posted on Jun 24, 2021 in the bankruptcy, 126 pages and 0 tables.

Bankrupt11 Summary (Automatically Generated)

the Debtors’ proposed plan timeline, performed research regarding substantive27 consolidation and other plan issues, reviewed and analyzed potential plan forms and confirmation28 issues, addressed treatment of secured creditor claims in connection with a plan, and performed 1 research and prepared memoranda regarding potential plan structures, relief available with consent,2 and class voting issues. 12/02/2020 DG PD Emails to M. Goldberg and other committee counsel 0.30 1095.00 $328.50re: plan negotiation process (.1); confer with J. Fiero re: Plan issues (.2) 12/02/2020 DG PD Review memo and cases cited therein regarding plan 0.10 750.00 $75.0001/21/2021 DG PD Review timeline for plan and summary of 0.50 1295.00 $647.50presentation for investor meeting on plan issues 01/21/2021 JDF PD Prepare additional slides for plan investor 0.50 1045.00 $522.50presentation 01/22/2021DG PD Call with Robbin Itkin re: D. Statement comments 0.20 1295.00 $259.0003/18/2021 JJK PD Emails plan team re: plan changes, and revise plan 2.60 995.00 $2,587.00and disclosure statement; emails plan team on disclosure statement issues and plan revisions.DG PD Call with Cecily Dumas and Robbin Itkin re: BOV 0.30 1295.00 $388.5004/07/2021 DG PD Review of plan revisions for TIC agreements 0.40 1295.00 $518.0004/07/2021 JDF PD Review revisions to draft plan 0.50 1045.00 $522.5004/08/2021 CHM PD Email O. Katz and M. Goldberg re plan updates.

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Document Contents

1 Debra I. Grassgreen (CA Bar No. 169978) John D. Fiero (CA Bar No. 136557) 2 Cia H. Mackle (admitted pro hac vice) PACHULSKI STANG ZIEHL & JONES LLP 3 150 California Street, 15th Floor San Francisco, CA 94111 4 Telephone: (415) 263-7000 Facsimile: (415) 263-7010 5 E-mail: dgrassgreen@pszjlaw.com jfiero@pszjlaw.com 6 cmackle@pszjlaw.com 7 Counsel for the Official Committee of Unsecured Creditors 8 UNITED STATES BANKRUPTCY COURT 9 NORTHERN DISTRICT OF CALIFORNIA 10 SAN FRANCISCO DIVISION 11 In re: Case No. 20-30604 (HLB) 12 (Jointly Administered) PROFESSIONAL FINANCIAL INVESTORS, A RNI 13 INC. , a California corporation, et al., Chapter 11 O ALIF C ,O 14 Debtors. SECOND INTERIM APPLICATION OF C CIS PACHULSKI STANG ZIEHL & JONES N A FR 15 LLP AS COUNSEL TO THE OFFICIAL N SA COMMITTEE OF UNSECURED 16 CREDITORS FOR ALLOWANCE AND PAYMENT OF COMPENSATION AND 17 REIMBURSEMENT OF EXPENSES FOR THE PERIOD DECEMBER 1, 2020 18 THROUGH APRIL 30, 2021 19 Date: July 22, 2021 Time: 10:00 a.m. 20 Judge: Hannah L. Blumenstiel Place: Telephonic/Video Appearances Only 21 450 Golden Gate Avenue 16th Floor, Courtroom 19 22 San Francisco, CA 94102 23 Pachulski Stang Ziehl & Jones LLP (“PSZJ” or the “Firm”) hereby submits its Second24 Interim Application for Allowance and Payment of Compensation and Reimbursement of Expenses25 for the Period December 1, 2020 through April 30, 2021 (the “Application”), as counsel to the26 Official Committee of Unsecured Creditors (“Committee”) of Professional Financial Investors,27 Inc. (“PFI”). This Application requests entry of an order allowing, on an interim basis,28

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1 compensation to the Firm for services rendered to the Committee and expenses incurred during the2 period from December 1, 2020 through April 30, 2021 (the “Fee Period”).1 3 The Firm seeks approval of its fees incurred and reimbursement of expenses during the Fee4 Period totaling $1,038,713.75 which sum represents compensation for legal services rendered in5 the amount of $1,037,229.30 (after application of a courtesy discount) and reimbursement for6 expenses incurred in the amount of $1,484.45. The Firm spent a total of 1,302.0 hours during the7 Fee Period. If the Firm had not agreed to (a) a 10% discount and (b) charge its 2020 rates in 2021,8 the fees incurred would have been $1,271,898.00. Accordingly, the savings to the estate accorded9 by these two concessions resulted in a reduction of $234,668.70 in fees. Incurred. 10 This Application is based upon the contents hereof, together with the exhibits, the11 declaration of John Fiero filed concurrently herewith, the pleadings, papers, and records on file in12 this cases, and any evidence or argument that the Court may entertain at the time of the hearing on A RNI 13 the Application. This Application is subject to the United States Department of Justice’s AppendixO ALIF C ,O 14 B Guidelines for Reviewing Applications for Compensation and Reimbursement of Expenses FiledC CIS N A FR 15 Under United States Code by Attorneys in Larger Chapter 11 Cases (the “Large Case Guidelines”)N A S 16 Summary charts complying with the Large Case Guidelines and detailing the amount of fees17 charged and hours worked by each of the Firm’s professionals and paraprofessionals during the18 Fee Period are attached hereto as Exhibit C through Exhibit H. 19 I. 20 BACKGROUND 21 A. General Background 22 On July 16, 2020, Jacques Achsen, Samuel Goldberger, Elizabeth Goldblatt, Arthur23 Indenbaum, Andrew Michaels, Mary Michaels, and Joel Rubenzahl (the “Petitioning Creditors”)24 worked with the Firm to commence an involuntary chapter 11 bankruptcy action against Debtor25 Professional Investors Security Fund, Inc. (“PISF” and, together with PFI, the “Original Debtors”). 26 27 1 This Application is submitted to comply with the Court’s guidelines and apprise all parties in interest of the extent of28 fees and costs incurred to date. There is no expectation that the amount applied for will be paid prior to confirmation of

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1 On July 26, 2020, PISF filed a consent to the entry of an order for relief in the PISF Case, which2 this Court entered on July 27, 2020. 3 Also on July 26, 2020 (the “Petition Date”), PFI commenced its bankruptcy case by filing a4 voluntary chapter 11 petition. 5 On July 27, 2020, the Court entered an Order Directing the Joint Administration of Related6 Cases [ECF No. 12], thereby jointly administering the chapter 11 cases of the Original Debtors for7 procedural purposes, and designating Case No. 20-30604 as the “lead case.” 8 On August 19, 2020, the Office of the United States Trustee appointed a seven-member 9 Official Committee of Unsecured Creditors. The seven members of the Committee are: (i) Peter 10 and Anne Bagatelos Revocable Trust; (ii) Lisa de Mondesir; (iii) Elizabeth Goldblatt; (iv) Paul S. 11 Greidanus; (v) William Howard Levine; (vi) Keith Merron; and (vii) Pardi Revocable Trust. 12 On November 20, 2020, PFI filed involuntary chapter 11 petitions against many of the A RNI 13 remaining Debtors (collectively, the “LLC/LP Debtors” and together with the Original Debtors,O ALIF C ,O 14 the “Debtors”) under chapter 11 of the Bankruptcy Code, commencing the LLC/LP Cases. OnC CIS N A FR 15 December 11, 2020, this Court entered an order for relief against each of the LLC/LP Debtors. N A S 16 Between February 3-4, 2021, PFI filed involuntary chapter 11 petitions against ten17 additional limited liability company affiliates (the “February 2021 Debtors”), and this Court18 subsequently entered orders for relief against the February 2021 Debtors. 19 On December 17, 2020, the Court entered an Order Directing the (I) Joint Administration20 of Related Cases and (II) Temporary Suspension Of Deadline For Filing Proofs Of Claim [ECF21 No. 302], thereby jointly administering these chapter 11 cases for procedural purposes. 22 B. Employment of PSZJ 23 On September 10, 2020, the Committee filed the Application of the Official Committee of24 Unsecured Creditors for Order Approving Employment of Pachulski Stang Ziehl & Jones LLP as25 Counsel to the Official Committee of Unsecured Creditors [Docket No. 108] (the “Retention26 Application”). On October 6, 2020, the Court entered its Order Approving Application of the27 Official Committee of Unsecured Creditors for Order Approving Employment of Pachulski Stang28 Ziehl & Jones LLP as Counsel to the Official Committee of Unsecured Creditors [Docket No. 185]

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1 (the “Retention Order”). A true and correct copy of the Retention Order is attached hereto as2 Exhibit A. 3 C. PSZJ’s Prior Requests for Compensation 4 On January 21, 2021, the Firm filed its First Interim Application for Allowance and5 Payment of Compensation and Reimbursement of Expenses for the Period August 23, 20206 through November 30, 2020 [Docket No. 362] and subsequently filed its Amendment to7 Descriptions for Certain Time Entries Included in First Interim Application for Allowance and8 Payment of Compensation and Reimbursement of Expenses for the Period August 23, 20209 through November 30, 2020 [Docket No. 476] (together, the “First Application”). 10 On March 31, 2021, the Court entered an order approving the First Application and11 awarding interim compensation for professional services rendered during the first application12 period of August 23, 2020 through November 30, 2020, in the aggregate amount of $550,529.31, A RNI 13 consisting of $549,362.25 of fees and $1,167.06 of expenses [Docket No. 521]. The Firm has notO ALIF C ,O 14 received any payment on account of the amount awarded in the First Application. C CIS N A FR 15 D. Present Posture of the Case N A S 16 Since the commencement of the Chapter 11 Cases, the professionals employed in thes17 Cases, including the Firm, have focused their attention on getting to a point where a plan could b18 agreed to by the creditor constituencies and also running the case in the most transparent wa19 possible in light of the tremendous (and welcome) level of investor involvement. To get there, thFirm and the Committee have devoted their time to: (a) understanding the scope of the Pon20 scheme; (b) understanding the strength and value of the Debtors’ business operations, (21 communicating with the other committees and the Debtors on a regular and collaborative basis; (22 getting all entities before the bankruptcy court, among other things, (i) maintaining norm23 operations at the real property locations, (ii) responding to creditor inquiries about the Chapter 124 Cases, (iii) developing strategies to maintain the Debtors’ operations in bankruptcy and preserv25 their assets, and (iv) negotiating with key constituencies, including the ad hoc committee of LL26 members (the “Ad Hoc LLC Members Committee”) and ad hoc committee of deed of trust holder27 28

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1 (the “Ad Hoc DOT Noteholders Committee” and, together with the Ad Hoc LLC Member2 Committee, the “Ad Hoc Committees”), regarding the framework for a consensual plan. 3 As a result of the efforts of the Firm, together with counsel to all constitutencies in thes4 Cases, a consensual plan was filed and confirmed (the “Plan”) with no substantive objectionlodged. As of the filing of this Application, the effective date of the Plan has not yet occurred. 5 II. 6 SERVICES RENDERED 7 In accordance with the Northern District Guidelines and the Local Rules, PSZJ classified8 all services performed for which compensation is sought into categories. PSZJ attempted to place9 the services performed in the category that best relates to the service provided. However, because10 certain services affected multiple categories, services pertaining to one category may occasionally11 be included in another category. The fact that similar services appear in several different categories12 A RNI 13 did not result in any duplication of work or billing. O ALIF ,CO 14 PSZJ has utilized the following billing categories during the Fee Period: C CIS N A FR 15  Asset Analysis/ Recovery N SA  Asset Disposition 16  Avoidance Actions  Bankruptcy Litigation 17  Case Administration  Committee Matters 18  Claims Administration/ Objections  Compensation of Professionals 19  First Day  Financing 20  Forensic Analysis  General Committee Matters 21  Hearing  Insurance Matters 22  Investor Communications  Meeting of Creditors 23  Operations  Plan and Disclosure Statement 24  Tax Issues 25 Exhibit B includes the Firm’s invoices for the Fee Period, which includes detailed26 breakdown of the time entries and expenses incurred. 27 28

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1 A. Asset Analysis/ Recovery 2 During the Fee Period, the Firm, among other things: (i) performed an analysis of potential3 third party recoveries; (ii) assessed the real estate portfolio and vacancy reports; and (iii) reviewed4 various tenant-in-common owner issues. 5 Total Hours 2.8/Total Fees $2,946.00 6 B. Avoidance Actions 7 During the Fee Period, the Firm, among other things: (i) addressed deed of trust avoidance8 issues; (ii) addressed issues relating to fraudulent conveyances; and (iii) participated in calls with9 counsel regarding lien avoidance issues. 10 Total Hours 2.1/Total Fees $2,024.00 11 C. Asset Disposition 12 During the Fee Period, the Firm, among other things: (i) assessed the Debtors’ real estate A RNI 13 broker selection; (ii) participated in asset management strategy discussions; (iii) analyzed tenant-O ALIF C ,O 14 in-common issues in connection with potential sales of properties; (iv) researched the impact ofC CIS N A FR 15 recorded deeds; and (v) prepared investor presentations regarding asset management. N A S 16 Total Hours 52.7/Total Fees $63,061.50 17 D. Bankruptcy Litigation 18 During the Fee Period, the Firm, among other things: (i) conferred with the Committee19 regarding various pending motions; (ii) prepared a declaratory relief complaint regarding the Ponzi20 finding legal research regarding the implications of the Debtors’ Ponzi scheme; and (iii) reviewed21 the answer thereto. 22 Total Hours 45.1/Total Fees $47,601.50 23 E. Case Administration 24 This category relates to work regarding administration of these cases. During the Fee25 Period, the Firm, among other things: (i) collaborated with counsel for the Debtors and Ad Hoc26 Committees to avoid duplicating work among the constituencies (ii) conferred and corresponded27 with professionals regarding case status and administration; (iii) maintained a memorandum of28 critical dates and circulated to appropriate parties; (iv) prepared working task lists that were shared

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1 with and discussed by all estate professionals; and (v) reviewed documents and prepared for a2 status conference hearing. 3 Total Hours 75.8/Total Fees $70,089.00 4 F. Committee Matters 5 Time billed to this category was de minimis. 6 Total Hours .4/Total Fees $418.00 7 G. Claims Administration/ Objections 8 This category relates to the review and analysis of investor claims generally. During the9 Fee Period, the Firm, among other things, (i) prepared a sample investor proof of claim form; (ii)10 researched different claim calculation methodologies in Ponzi cases and prepared a memo thereon;11 (iii) participated in presentations regarding netting and clawbacks; (iv) anaylzed aggregation of12 accounts; and (v) responded to claimants regarding proofs of claims. A RNI 13 Total Hours 26.1/Total Fees $25,507.00 O ALIF C ,O 14 H. Compensation of Professionals C CIS N A FR 15 During the Fee Period, the Firm, among other things: (i) corresponded with the CommitteeN A S 16 regarding professional fee expenses and a professional fee budget; (ii) addressed issues in17 connection with the division of labor among the three committees; (iii) assessed and negotiated a18 reduction of fees of Armanino; (iv) monitored bugeted professional fees compared to actual fees;19 and analyzed fee requests of secured lenders’ counsel. 20 Total Hours 41.1/Total Fees $30,717.50 21 I. First Day 22 Time billed to this category relates to the various motions and applications filed on the23 Petition Date and heard at the “first day” hearing. During the Fee Period, the Firm, reviewed and24 analyzed the first day motions of the December and February LLC/LP involuntary filings and25 assisted with strategy related thereto. 26 Total Hours 4.0/Total Fees $3,886.00 27 28

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1 J. Financing 2 The Debtors have many secured lenders, all of whom are represented by counsel making3 regular appearances in the case. During the Fee Period, the Firm, among other things: (i) reviewed4 and analyzed the Debtors’ cash collateral motion and related objections thereto; (ii) reviewed the5 claimed attorney fees of secured creditors and conferred with Committee regarding same; (iii)6 communicated with estate professionals regarding issues on funding of LLC’s that required7 additional liquidity; (iv) reviewed and analyzed loan documents; (v) continued work on its lien8 review; (vi) addressed loan servicing and trustee issues; and (vii) reviewed the Debtors’ motion to9 incur debt. 10 Total Hours 21.0/Total Fees $21,636.00 11 K. Forensic Analysis 12 Because of the Ponzi facts, forensic review became an important focus of time and A RNI 13 attention in this case. During the Fee Period, the Firm, among other things: (i) performed legalO ALIF C ,O 14 research in connection with the developing forensic analysis; (ii) conferred with all threeC CIS N A FR 15 committees and attended various committee meetings regarding FTI’s work on the forensicN A S 16 analysis; (iii) participated in regular status calls with FTI regarding forensic updates; (iv) assisted17 FTI with the preparation of a forensic protocol memorandum; and (v) participated in updates18 regarding the forensic analysis. 19 Total Hours 21.1/Total Fees $23,290.00 20 L. Hearing 21 During the Fee Period, the Firm prepared for and attended various court hearings as22 detailed in the invoices attached hereto as Exhibit B. 23 Total Hours 7.5/Total Fees $6,419.50 24 M. Insurance Coverage 25 During the Fee Period, the Firm assessed the Debtors’ insurance policies and prepared for26 next steps regarding insurance demands. 27 Total Hours 0.6/Total Fees $592.50 28

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1 N. Investor Communications 2 During the Fee Period, the Firm prepared for and attended regular “all investor” meetings,3 prepared minutes thereof for distribution to investors, communicated with investors regarding4 operational questions and provided case status updates. The Firm devoted substantial time to5 preparing presentations regarding the Plan and the voting process for investors, preparing a “plain6 English” Plan summary. Once the solicitation packages were mailed, the Firm responded to7 numerous inquiries from investors regarding their ballots and voting on the Plan. 8 Total Hours 136.9/Total Fees $131,017.00 9 O. Meeting of Creditors 10 During the Fee Period, the Firm prepared for and attended weekly meetings with11 Committee members and meetings with all three Committees. In the final stages of negotiation of12 the Plan, numerous additional meetings were held in order to reach a final compromise and to A RNI 13 ensure that Committee members understood the Plan settlement. O ALIF C ,O 14 Total Hours 126.3/Total Fees $127,488.00 C CIS N A FR 15 P. Operations N A S 16 Time billed to this category relates to the real estate sub-committee. During the Fee Period,17 the Firm, among other things: (i) conferred with the other committees’ counsel regarding the18 formation of a formal UCC real estate subcommittee; (ii) conferred with counsel and the Debtors’19 professionals regarding forensic analysis of FTI’s operations and business plan/individual property20 buildup; (iii) prepared for and participated in Real Estate Subcommittee meetings; (iv) addressed21 Real Estate Subcommittee confidentiality issues; and (v) addressed open issues in connection with22 FTI’s evolving business plan analysis. 23 Total Hours 3.2/Total Fees $3,544.50 24 Q. Plan and Disclosure Statement 25 During the Fee Period, the Firm: researched potential plan issues; analyzed and provided26 comments to the Debtors’ proposed plan timeline, performed research regarding substantive27 consolidation and other plan issues, reviewed and analyzed potential plan forms and confirmation28 issues, addressed treatment of secured creditor claims in connection with a plan, and performed

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1 research and prepared memoranda regarding potential plan structures, relief available with consent,2 and class voting issues. The Firm took the laboring oar among the professionals in drafting the3 Plan documents, including but not limited to the Plan, the Disclosure Statement, the Plan4 Summary, the solicitation and voting procedures motion and exhibits thereto including the forms5 of ballots, forms of notice, together with a bar date notice incorporated therein. 6 Total Hours 704.2/Total Fees $677,578.00 7 R. Retention of Professionals 8 Time billed to this category relates to the negotiation and retention of FTI as CRO, together9 with review of the retention application and related disclosures. 10 Total Hours 11.1/Total Fees $11,867.50 11 S. Tax Issues 12 Time devoted to this category spent addressing investor tax questions regarding the A RNI 13 implication of the Plan on their individual tax returns, including their ability to use the IRS safeO ALIF C ,O 14 harbor for fraud losses, and property tax issues regarding the LLCs. C CIS N A FR 15 Total Hours 11.3/Total Fees $12,983.00 N A S 16 T. List of Expenses by Category 17 PSZJ advanced costs, including certain in-house charges in connection with the18 performance of the services described in this Application. During the Fee Period, PSZJ incurred a19 total of $1,484.45 in expenses. As this modest amount reflects, PSZJ made every effort to keep the20 costs in this case to a minimum. A summary chart detailing the type and amount of expenses21 incurred during the Fee Period is attached hereto as Exhibit H-2. 22 PSZJ customarily charges $0.20 per page for photocopying expenses, as well as $0.10 per23 page for scanning and copying expenses. PSZJ’s photocopying machines automatically record the24 number of copies made when the person that is doing the copying enters the client’s account25 number into a device attached to the photocopier. PSZJ summarizes each client’s photocopying26 charges on a daily basis. Whenever feasible, PSZJ sends large copying projects to an outside copy27 service that charges a reduced rate for photocopying. 28

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1 Regarding providers of on-line legal research, PSZJ charges the standard usage rates these2 providers charge for computerized legal research. PSZJ bills its clients the actual amount charged3 by such services, with no premium. Any volume discount received by PSZJ is passed on to the4 client. PSZJ does not charge for local or long distance calls placed by attorneys from their offices. 5 PSZJ only bills its clients for the actual costs charged to PSZJ by teleconferencing services in the6 event that a multiple party teleconference is initiated through PSZJ. 7 U. Hourly Rates 8 The hourly rates of all professionals and paraprofessionals rendering services in this case9 are set forth on the Billing Summary Chart on Exhibit D annexed hereto. 10 V. Professionals and Paraprofessionals 11 The biographies of the attorneys and paraprofessionals who primarily worked on this12 matter and a description of their professional experience and education are attached hereto as A RNI 13 Exhibit I. PSZJ has no understanding, agreement, or arrangement of any kind to divide with orO ALIF C ,O 14 pay to anyone any of the fees to be awarded in these proceedings, except to be shared amongC CIS N A FR 15 members of the Firm. N A S 16 W. Client Review of Billing Statements 17 Pursuant to the Northern District Guidelines, an email enclosing this Application is being18 sent to each member of the Committee concurrently. This email invites the Committee to discuss19 with the Firm and/or the Office of the United States Trustee any objections, concerns, or questions20 the Committee may have with regard to the requested compensation and reimbursement set forth21 in the Application. 22 X. Notice of Application and Hearing 23 Counsel for the Debtors have graciously agreed to provide notice of the submission of this24 Application and the hearing thereon to the Office of the United States Trustee, the Debtors, the Ad25 Hoc Committees, all parties requesting special notice and other interested parties in accordance26 with the Local Bankruptcy Rules. Complete copies of the Application will be promptly furnished27 to any other party upon specific request. Therefore, notice should be deemed adequate under the28

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1 circumstances and in accordance with Federal Bankruptcy Rules 2002(a)(6) and 2002(c)(2). 2 Finally, this Application is available from the claims agent, Donlin Recano, at no charge. 3 Y. Other Compliance with Large Case Requirements 4 Attached as Exhibit C through Exhibit H are the exhibits that PSZJ understands need to be5 completed and filed together with this Application in order to comply with the Large Case 6 Guidelines. In addition, pursuant to paragraph C.5 of the Large Case Guidelines, PSZJ provides 7 the following statements: 8 INQUIRY STATEMENTS Did you agree to any variations from, or Yes, 10% discount from ordinary 2020 hourly 9 alternatives to, your standard or customary rates, as stated in the Firm’s employment 10 billing rates, fees or terms for services application. pertaining to this engagement that were 11 provided during the application period? If so, please explain 12 If the fees sought in this fee application as N/A A RNI 13 compared to the fees budgeted for the time O ALIF period covered by this fee application are C ,O 14 higher by 10% or more, did you discuss the C CIS reasons for the variation with the client? N A FN R 15 Have any of the professionals included in this No. A S fee application varied their hourly rate based on 16 the geographic location of the bankruptcy case? Does the fee application include time or fees Yes. 1.0 hours/$750 in fees. Additional time 17 related to reviewing or revising time records or reviewing fee statements was in response to the 18 preparing, reviewing, or revising invoices? UST/SEC inquiries or in application of the (This is limited to work involved in preparing courtesy discount. 19 and editing billing records that would not be compensable outside of bankruptcy and does 20 not include reasonable fees for preparing a fee 21 application). If so, please quantify by hours and fees. 22 Does this fee application include time or fees No. for reviewing time records to redact any 23 privileged or other confidential information? If so, please quantify by hours and fees. 24 If the fee application includes any rate increases Although the Firm’s standard hourly rates 25 since retention: increased, and such rates are reflected on the i. Did your client review and approve detailed invoices, the Firm’s courtesy discount 26 those rate increases in advance? eliminates the rate increase and provides an ii. Did your client agree when retaining additional 10% discount off of the Firm’s 2020 27 the law firm to accept all future rate increases? hourly rates. If not, did you inform your client that they need 28

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1 INQUIRY STATEMENTS have you continue the representation, consistent 2 with ABA Formal Ethics Opinion 11-458? 3 III. 4 THE FEES AND EXPENSES REQUESTED SHOULD BE AWARDED BASED UPON APPLICABLE LAW 5 6 The fees and expenses requested by this Application are an appropriate award for PSZJ’s7 services in acting as counsel to the Committee. 8 A. Evaluation of Requests for Compensation 9 Pursuant to section 330 of the Bankruptcy Code, the Court may award to a professional10 person reasonable compensation for actual, necessary services rendered, and reimbursement for11 actual, necessary expenses incurred. Pursuant to section 331 of the Bankruptcy Code, the Court12 may award interim compensation and reimbursement to a professional. As set forth above, the fees A RNI 13 for which the Firm requests compensation and the costs incurred for which the Firm requestsO ALIF C ,O 14 reimbursement are for actual and necessary services rendered and costs incurred. C CIS N FRA 15 In determining the amount of allowable fees under section 330(a) of the Bankruptcy Code,N A S 16 courts are to be guided by the same “general principles” as are to be applied in determining awards17 under the federal fee-shifting statutes, with “some accommodation to the peculiarities of18 bankruptcy matters. ” Burgess v. Klenske (In re Manoa Finance Co., Inc. ), 853 F. 2d 687, 69119 (9th Cir. 1988). 20 In assessing the propriety of an award of attorneys’ fees, twelve factors relevant to21 determining such fees were identified in Johnson v. Georgia Highway Express, Inc. , 488 F. 2d22 714, 717-719 (5th Cir. 1974, a Title VII class action case under the Civil Rights Act of 1964, 42 U. 23 S. C. § 2000 et seq. , and Kerr v. Screen Extras Guild, Inc. , 526 F. 2d 67, 70 (9th Cir. 1975), cert. 24 denied, 425 U. S. 951 (1976): (1) the time and labor required, (2) the novelty and difficulty of the25 questions, (3) the skill requisite to perform the service properly, (4) the preclusion of other26 employment by the professional due to acceptance of the case, (5) the customary fee, (6) whether27 fee is fixed or contingent, (7) time limitations imposed by the client or the circumstances, (8) the28 amount involved and the results obtained, (9) the experience, reputation, and ability of the

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1 professionals, (10) the undesirability of the case, (11) the nature and length of the professional2 relationship with the client, and (12) awards in similar cases. See American Benefit Life Ins. Co. v. 3 Baddock (In re First Colonial Corp. of America), 544 F. 2d 1291 (5th Cir. 1977) (Johnson criteria4 applicable in bankruptcy cases). 5 The time for which compensation is sought is detailed in the Firm’s invoices for the Fee6 Period annexed hereto as Exhibit B. PSZJ’s services and time expenditures are reasonable in light7 of the labor required and outcome achieved in this case. The Firm’s charges for its professional8 services are based upon the time, nature, extent, and value of such services and the cost of9 comparable services in the San Francisco area, other than in a case under the Bankruptcy Code. 10 The compensation the Firm seeks by way of this Application is the customary compensation11 commonly sought by the Firm and other professionals representing trustees, committees, and12 debtors in similar circumstances. A RNI 13 B. Section 330(a)(3) Factors O ALIF C ,O 14 Section 330(a)(3) of the Bankruptcy Code sets forth five factors to be considered by theC CIS N A FR 15 Court. Although several of these factors, such as the time involved and the timeliness of PSZJ’sN A S 16 performance, were addressed above, PSZJ believes two of the five factors should be discussed17 separately again here. 18 First, section 330(a)(3)(C) of the Bankruptcy Code requires that the professional services19 be necessary to the administration of, or beneficial at the time at which the service was rendered20 toward completion of, the case. PSZJ believes the facts of this case make it evident that PSZJ’s21 services were both necessary and beneficial to the estate. 22 Second, section 330(a)(3)(E) of the Bankruptcy Code requires the compensation to be23 reasonable based on customary compensation charged by comparably skilled practitioners in cases24 other than cases under the Bankruptcy Code. PSZJ believes its attorneys are skilled and have25 performed well in this case, and that the fees charged by PSZJ are commensurate with the fees26 charged by PSZJ’s counterparts engaged in non-bankruptcy specialties of the law. 27 28

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1 C. Available Funds 2 As mentioned in footnote 1, supra, while the Debtors have substantial assets with value3 well over and above the amounts necessary to satisfy secured creditor claims, there are liquidity4 constraints that will prevent any estate professional from being paid at this time. Accordingly, no5 payment is expected prior to a plan becoming effective. 6 IV. 7 CONCLUSION 8 PSZJ requests an interim allowance of all fees and costs for the Fee Period. Neither PSZJ,9 nor any partners or associates of the Firm, have any agreement or any understanding of any kind or10 nature to divide, pay over, or share any portion of the fees to be awarded PSZJ with any other11 person or attorney, except among members of the Firm. 12 PSZJ believes that the services rendered for which compensation is sought in this A RNI 13 Application have been beneficial to the estate, that the costs incurred have been necessary andO ALIF C ,O 14 proper, and that the sums requested for the services rendered and the costs incurred are fair andC CIS N A FR 15 reasonable. N A S 16 WHEREFORE, PSZJ respectfully requests that this Court (a) authorize interim allowance 17 fees and costs, (b) award interim compensation to the Firm in the amount of $1,038,713.75 (net 18 18.5% discount) inclusive of all fees and costs for the period from December 1, 2020 through Ap19 30, 2021, consisting of $1,037,229.30 of fees and $1,484.45 of expenses, and (c) grant such oth20 and further relief as may be appropriate under the circumstances. 21 Dated: June 25, 2021 PACHULSKI STANG ZIEHL & JONES LLP 22 By: /s/ John D. Fiero 23 John D. Fiero Debra I. Grassgreen 24 Counsel for the Official Committee of Unsecured 25 Creditors 26 27 28

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EXHIBIT A (Retention Order)

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1 Debra I. Grassgreen (CA Bar No. 169978) Signed and Filed: October 6, 2020 John D. Fiero (CA Bar No. 136557) 2 Cia H. Mackle (admitted pro hac vice) PACHULSKI STANG ZIEHL & JONES LLP 3 150 California Street, 15th Floor San Francisco, CA 94111 4 Telephone: (415) 263-7000 Facsimile: (415) 263-7010 __________________________________________ 5 E-mail: dgrassgreen@pszjlaw.com HANNAH L. BLUMENSTIEL jfiero@pszjlaw.com U.S. Bankruptcy Judge 6 cmackle@pszjlaw.com 7 Proposed Counsel for the Official Committee of Unsecured Creditors 8 UNITED STATES BANKRUPTCY COURT 9 NORTHERN DISTRICT OF CALIFORNIA 10 SAN FRANCISCO DIVISION 11 12 In re: 13 PROFESSIONAL FINANCIAL INVESTORS, Case No. 20-30604 (HLB) INC., a California corporation; 14 PROFESSIONAL INVESTORS SECURITY (Jointly Administered with Case No. 20-FUND, INC., a California corporation, 30579) 15 Debtor. Chapter 11 16 ORDER APPROVING APPLICATION OF 17 THE OFFICIAL COMMITTEE OF UNSECURED CREDITORS FOR ORDER 18 APPROVING EMPLOYMENT OF PACHULSKI STANG ZIEHL & JONES 19 LLP AS COUNSEL TO THE OFFICIAL COMMITTEE OF UNSECURED 20 CREDITORS 21 Date: October 1, 2020 22 Time: 11:00 a.m. Judge: Hannah L. Blumenstiel 23 Place: Telephonic/Video Appearances Only 450 Golden Gate Avenue 24 16th Floor, Courtroom 19 San Francisco, CA 94102 25 26 On October 1, 2020 at 11:00 a.m., the Application of the Official Committee of Unsecured 27 Creditors for Order Approving Employment of Pachulski Stang Ziehl & Jones LLP as Counsel to th28 Official Committee of Unsecured Creditors [Docket No. 108] (the “Application”) filed by the

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1 Official Committee of Unsecured Creditors in the above-captioned cases (the “Committee”) came o2 for hearing before this Court. 3 The Court, having considered the Application and the accompanying declarations in suppo4 thereof, and the Omnibus Response by the Securities and Exchange Commission Objecting t5 Proposed Hourly Rates for Certain Professionals to be Paid by the Debtors’ Estates [Docket N6 136] having been resolved as set forth in the Notice of Resolution [Docket No. 162], and th7 Application providing that Pachulski Stang Ziehl & Jones LLP (the “Firm”) intends to make 8 reasonable effort to comply with the U.S. Trustee’s requests for information and addition9 disclosures as set forth in the Appendix B Guidelines both in connection with this Application an10 any interim and final applications, and it appearing that the Firm does not hold or represent an11 interest adverse to the estate in the matters on which it is to be employed, that the Firm is 12 disinterested person, that its employment is in the best interest of the estate, and finding that notic13 of the Application is sufficient under the circumstances, and good cause appearing therefor: 14 IT IS HEREBY ORDERED THAT: 15 1. The Application is granted. 16 2. The Committee is authorized to employ the Firm as its counsel on the terms an17 conditions set forth more fully in the Application, effective as of August 23, 2020. 18 3. The Firm shall be compensated as an expense of administration pursuant to section19 507(a) and 503(b) of the Bankruptcy Code and in accordance with sections 330 and 331 of th20 Bankruptcy Code, the applicable Bankruptcy Rules, the rules of this Court, and such oth21 procedures as may be fixed by further order of this Court. Fee applications shall be filed no mor22 frequently than every 120 days, pursuant to Bankruptcy Code section 331. 23 4. For the avoidance of doubt, the Firm’s hourly rates are not being approved und24 Section 328(a). 25 5. An allocation of the professional fees between the Debtors and between the Debtor26 and their non-debtor affiliates shall be subject to either (1) agreement of the parties as approved b27 the Court or (2) further order of the Court upon duly noticed motion or application. The Debtors an28

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1 the Committees reserve their respective rights, claims, defenses and arguments with respect to a2 allocation. 3 6. The Court’s Guidelines for Compensation and Expense Reimbursement 4 Professionals and Trustees and the United States Trustee’s guidelines shall apply to the retentio5 and compensation of the Firm in this case. 6 7. This Court retains jurisdiction with respect to all matters arising from or related to th7 implementation of this Order. 8 9 **END OF ORDER**  10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28

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(Invoices)

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150 California St. Floor 15th San Francisco, CA 94111 December 31, 2020 DIG Invoice 126928 Client 70041 Matter 00002 DG RE: Committee Representation _______________________________________________________________________________________STATEMENT OF PROFESSIONAL SERVICES RENDERED THROUGH 12/31/2020FEES $208,808.00 EXPENSES $388.27 TOTAL CURRENT CHARGES $209,196.27 BALANCE FORWARD $550,529.31 TOTAL BALANCE DUE $759,725.58

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PFI Investor Committee Invoice126928 70041 -00002 December 31, 2020 Summary of Services by Professional ID Name Title Rate Hours Amount CHM Mackle, Cia H. Counsel 675.00 22.10 $14,917.50 DG Grassgreen, Debra I. Partner 1095.00 55.90 $61,210.50 IAWN Nasatir, Iain A. W. Partner 1025.00 0.30 $307.50 $47,025.00 JDF Fiero, John D. Partner 950.00 49.50 $75,001.00 JJK Kim, Jonathan J. Counsel 895.00 83.80 $585.00 LAF Forrester, Leslie A. Other 450.00 1.30 MBL Litvak, Maxim B. Partner 950.00 9.30 $8,835.00 PJJ Jeffries, Patricia J. Paralegal 425.00 1.50 $637.50 RMP Pachulski, Richard M. Partner 1445.00 0.20 $289.00 223.90 $208,808.00

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PFI Investor Committee Invoice126928 70041 -00002 December 31, 2020 Summary of Services by Task Code Task Code Description Hours Amount AA Asset Analysis/Recovery[B120] 0.40 $438.00 AC Avoidance Actions 2.10 $2,024.00 AD Asset Disposition [B130] 0.60 $405.00 CA Case Administration [B110] 22.50 $19,900.00 CO Claims Admin/Objections[B310] 8.50 $8,414.00 CPO Comp. of Prof./Others 2.50 $2,481.00 FD First Day 2.90 $2,461.50 FN Financing [B230] 8.70 $8,497.00 FOR Forensic Analysis 12.60 $13,057.50 IC Insurance Coverage 0.60 $592.50 INVC Investor Communications 3.10 $2,092.50 MC Meeting of Creditors [B150] 11.70 $10,370.50 OP Operations [B210] 2.20 $2,249.50 PD Plan & Disclosure Stmt. [B320] 131.70 $121,001.00 RPO Ret. of Prof./Other 11.10 $11,867.50 TI Tax Issues [B240] 2.70 $2,956.50 223.90 $208,808.00

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PFI Investor Committee Invoice126928 70041 -00002 December 31, 2020 Summary of Expenses Description Amount Bloomberg $233.90 Lexis/Nexis- Legal Research [E $136.17 Pacer - Court Research $11.70 Reproduction/ Scan Copy $6.50 $388.27

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PFI Investor Committee Invoice126928 70041 -00002 December 31, 2020 Hours Rate Amount Asset Analysis/Recovery[B120] 12/03/2020 DG AA Review and analyze list of 3rd party/Wallach Assets 0.40 1095.00 $438.00and note from Marum re: same 0.40 $438.00 Avoidance Actions 12/08/2020 MBL AC Review second TD documents. 0.50 950.00 $475.0012/09/2020 JDF AC Conference call re deed of trust investments 0.30 950.00 $285.0012/09/2020 JDF AC TC with M. Litvak re deed of trust perfection issues 0.40 950.00 $380.0012/09/2020 MBL AC Attend call with FTI and DOT counsel re DOT lien 0.30 950.00 $285.00avoidance issues. 12/09/2020 MBL AC Call with J. Fiero re case issues and DOT analysis. 0.40 950.00 $380.0012/16/2020 DG AC Emails to and from Andrew Caine re: clawback 0.20 1095.00 $219.00cutoff data (.1); emails to other committee counsel re: same (.1) 2.10 $2,024.00 Asset Disposition [B130] 12/14/2020 CHM AD Review bio and draft email to committee re broker 0.40 675.00 $270.00selection. 12/17/2020 CHM AD Emails with J. Fiero re broker selection. 0.20 675.00 $135.000.60 $405.00 Case Administration [B110] 12/01/2020 JDF CA Revise investor communications and forward same 1.30 950.00 $1,235.00to L. Goldblatt and J. Rubenzahl (.9); TC with L. Goldblatt re pending items (.4) 12/01/2020 PJJ CA Update Critical Dates Memo, calendar entries and 0.30 425.00 $127.50reminders. 12/02/2020 CHM CA Review emails from J. Fiero and D. Grassgreen re 0.10 675.00 $67.50case status and reply. 12/02/2020 JDF CA Call regarding work plan with C. Mackle and D. 0.10 950.00 $95.00Grassgreen 12/07/2020 CHM CA Email B. Marum re task list and update same. 0.30 675.00 $202.5012/07/2020 CHM CA Attend weekly all counsel call. 1.50 675.00 $1,012.5012/07/2020 DG CA Review and edit task list for weekly all counsel call 1.80 1095.00 $1,971.00(.3); weekly all counsel call (1.5)

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PFI Investor Committee Invoice126928 70041 -00002 December 31, 2020 Hours Rate Amount 12/07/2020 JDF CA Prepare for (.3); and participate in all counsel 1.80 950.00 $1,710.00weekly call (1.5) 12/07/2020 PJJ CA Update Critical Dates Memo, calendar entries and 0.20 425.00 $85.00reminders. 12/13/2020 JDF CA TC with J. Rubenzahl re dissolution of REC (.2); 0.40 950.00 $380.00Prepare email to REC re same (.2) 12/14/2020 CHM CA Email B. Marum re updates to task list. 0.10 675.00 $67.5012/14/2020 CHM CA Attend weekly professionals call. 1.40 675.00 $945.0012/14/2020 DG CA Weekly call with all professionals 1.40 1095.00 $1,533.0012/14/2020 DG CA Review and comment on critical dates tracking 0.20 1095.00 $219.00memo 12/14/2020 JDF CA Prepare for and participate in weekly all counsel call 1.40 950.00 $1,330.0012/14/2020 PJJ CA Update critical dates memo, calender entries and 0.30 425.00 $127.50reminders. 12/17/2020 CHM CA Update task list and email B. Marum re same. 0.30 675.00 $202.5012/21/2020 CHM CA Attend weekly professional call. 1.70 675.00 $1,147.5012/21/2020 DG CA PFI professional call re: transtion issues 1.70 1095.00 $1,861.5012/21/2020 JDF CA All committee counsel call 1.70 950.00 $1,615.0012/21/2020 PJJ CA Update critical dates memo, calender entries and 0.30 425.00 $127.50reminders. 12/22/2020 JDF CA Multiple emails with committee members and J. 0.40 950.00 $380.00Rubenzahl regarding next steps 12/23/2020 JDF CA Call with committee member re pending items 0.60 950.00 $570.0012/23/2020 JDF CA Prepare for LLC first day hearing (1.1); Attend first 2.40 950.00 $2,280.00day hearing (1.3) 12/28/2020 DG CA Review analysis of PFI involuntaries - LLC 0.40 1095.00 $438.0012/29/2020 PJJ CA Update critical dates memo, calendar entries and 0.40 425.00 $170.00reminders. 22.50 $19,900.00 Claims Admin/Objections[B310] 12/01/2020 CHM CO Review and mark up sample proof of claim and 0.50 675.00 $337.50telephone conference with B. Marum re same. 12/02/2020 CHM CO Review and revise sample investor form; email 0.30 675.00 $202.50comments to B. Marum. 12/04/2020 DG CO Review sample POC and provide feedback to Barrett 0.30 1095.00 $328.50Marum and Cia Mackle

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PFI Investor Committee Invoice126928 70041 -00002 December 31, 2020 Hours Rate Amount 12/08/2020 DG CO Review research and email summaries from C. 0.70 1095.00 $766.50Mackle re: rising tide method vs. net claim method 12/11/2020 CHM CO Finalize netting memo and email same to D. 0.70 675.00 $472.50Grassgreen and J. Fiero. 12/11/2020 DG CO Review and edit claim netting memo 0.40 1095.00 $438.0012/15/2020 DG CO Call with FTI and counsel for Committees re: 2.30 1095.00 $2,518.50Netting analysis and issues 12/15/2020 JDF CO Netting and clawback analysis FTI presentation call 2.30 950.00 $2,185.0012/16/2020 DG CO Review and analyze research re: account 0.80 1095.00 $876.00aggregation 12/16/2020 RMP CO Respond to DG's netting issue and analyze same. 0.20 1445.00 $289.008.50 $8,414.00 Comp. of Prof./Others 12/02/2020 CHM CPO Review Hogan Declaration, professional fee budget 0.30 675.00 $202.50and perform calculations per D. Grassgreen request. 12/10/2020 DG CPO Call on FTI Fees and Scope with Sheppard and 0.70 1095.00 $766.50Goldberg and FTI 12/10/2020 DG CPO Review emails from John Mangini and Barbara 0.10 1095.00 $109.50Davenport re: budget committee report and next steps 12/10/2020 JDF CPO Group call regarding FTI fees and scope 0.70 950.00 $665.0012/11/2020 DG CPO Cal with Paul Greidanus re: FTI Scope and review 0.50 1095.00 $547.50(.3) emails with Liza Goldblatt and John Fiero re: same (.2) 12/11/2020 JDF CPO Confer with D. Grassgreen and L. Goldblatt re FTI 0.20 950.00 $190.00fees 2.50 $2,481.00 First Day 12/10/2020 CHM FD Review email from D. Grassgreen re first day 0.10 675.00 $67.50motions and reply. 12/13/2020 CHM FD Detailed review of first day motions and email 1.30 675.00 $877.50comments to D. Grassgreen and J. Fiero. 12/13/2020 DG FD Review comments on LLC first day motions from K. 0.40 1095.00 $438.00Frazier and emails with C. Mackle re: same 12/14/2020 CHM FD Review cash management orders and email O. Katz 0.30 675.00 $202.50re samples.

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PFI Investor Committee Invoice126928 70041 -00002 December 31, 2020 Hours Rate Amount 12/16/2020 DG FD Review first day filings (.7); review judge order on 0.80 1095.00 $876.00joint administration and bar date (.1) 2.90 $2,461.50 Financing [B230] 12/02/2020 DG FN Review Lender fee summary and email from 0.20 1095.00 $219.00Lapping; respond thereto 12/02/2020 MBL FN Emails with debtor counsel and team re title review 0.10 950.00 $95.00status. 12/07/2020 MBL FN Attention to newly uploaded Chase loan files. 0.20 950.00 $190.0012/08/2020 MBL FN Review and analyze additional Chase loan files; 2.80 950.00 $2,660.00conduct perfection review. 12/09/2020 DG FN Weekly bank counsel case update call 0.40 1095.00 $438.0012/16/2020 DG FN Weekly bank counsel update call with counsel for 1.00 1095.00 $1,095.00secured lenders and Rich Lapping (.5); review cash collateral budget (.3); review and comment on markup of cash collateral order (.2) 12/23/2020 MBL FN Follow-up with debtor counsel and team re lien 0.20 950.00 $190.00review status. 12/23/2020 MBL FN Continue review of loan documents; update 2.30 950.00 $2,185.00summary chart. 12/24/2020 MBL FN Review Five Star and Banner proofs of claim; 0.30 950.00 $285.00coordinate with R. Lapping and lender counsel re loan documents. 12/24/2020 MBL FN Review bank loan documents; update summary 0.40 950.00 $380.00chart. 12/26/2020 MBL FN Attention to Pacific Western loan documents. 0.20 950.00 $190.0012/29/2020 MBL FN Address inquiry from counsel to Banner Bank. 0.10 950.00 $95.0012/30/2020 MBL FN Attention to Pacific Western loan documents. 0.20 950.00 $190.0012/31/2020 MBL FN Continue review of Pacific Western loan documents. 0.30 950.00 $285.008.70 $8,497.00 Forensic Analysis 12/04/2020 DG FOR Pre-call with FTI Forensic team re: presentation 2.50 1095.00 $2,737.50(1.0); call with committees (1.5) 12/04/2020 JDF FOR Pre-call and all committee call regarding FTI 2.50 950.00 $2,375.00analysis 12/08/2020 DG FOR Review revised FTI proposal (.3) Call with Ori Katz, 0.80 1095.00 $876.00

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PFI Investor Committee Invoice126928 70041 -00002 December 31, 2020 Hours Rate Amount John Fiero and Barrett Marum re: FTI revised proposal (.5) Forensic Analysis 12/08/2020 DG FOR Call with FTI team to go over forensic proposal (.7); 0.80 1095.00 $876.00review revised proposal (.1) Forensic Analysis 12/08/2020 JDF FOR Attention to FTI proposal (.2); Call with D. 0.70 950.00 $665.00Grassgreen and Sheppard re same (.5) Forensic Analysis 12/08/2020 JDF FOR Call with FTI re fees and scope (.7); Review follow 0.80 950.00 $760.00up proposal (.1) Forensic Analysis 12/14/2020 DG FOR Call with David Alfaro and forensic team and 1.10 1095.00 $1,204.50committee counsel and PFI counsel re: forensic go-forward work 12/14/2020 JDF FOR FTI call re forensic plan 1.10 950.00 $1,045.0012/15/2020 DG FOR Meeting on FTI forensics go forward plan on netting 2.30 1095.00 $2,518.50with all committee chairs and FTI team and Ori Katz 12.60 $13,057.50 Insurance Coverage 12/07/2020 IAWN IC Exchange emails and telephone calls with Fiero re 0.10 1025.00 $102.50D&O claim 12/07/2020 JDF IC Confer with Iain Nasatir re insurance questions 0.10 950.00 $95.0012/10/2020 IAWN IC Exchange emails with Fiero re cD&O issue 0.10 1025.00 $102.5012/10/2020 JDF IC Emails with I. Nasatir re insurance 0.10 950.00 $95.0012/11/2020 IAWN IC Telephone conference with Fiero re next steps 0.10 1025.00 $102.5012/11/2020 JDF IC Follow up phone call with I. Nasatir re D&O claims 0.10 950.00 $95.000.60 $592.50 Investor Communications 12/01/2020 CHM INVC Draft call notes from all investor call; email same to 0.90 675.00 $607.50counsel. 12/02/2020 CHM INVC Return telephone call of PFI investor. 0.20 675.00 $135.0012/02/2020 CHM INVC Email R. Hannah re investor call notes. 0.10 675.00 $67.5012/04/2020 CHM INVC Review email from S. Pardi re investor 0.20 675.00 $135.00communication and reply. 12/14/2020 CHM INVC Attend investor meeting and draft notes re same. 0.90 675.00 $607.5012/16/2020 CHM INVC Draft investor call notes and email same to R. 0.50 675.00 $337.50Hannah.

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PFI Investor Committee Invoice126928 70041 -00002 December 31, 2020 Hours Rate Amount 12/30/2020 CHM INVC Telephone conference with creditor re case 0.20 675.00 $135.00questions 12/30/2020 CHM INVC Email D. Grassgreen re creditor call. 0.10 675.00 $67.503.10 $2,092.50 Meeting of Creditors [B150] 12/01/2020 CHM MC Review email from L. Goldblatt and email D. Alfaro 0.10 675.00 $67.50re slides from presentation. 12/02/2020 CHM MC Attend committee meeting. 1.40 675.00 $945.0012/02/2020 DG MC Committee Meeting 1.40 1095.00 $1,533.00 12/02/2020 JDF MC Prepare for (.2); and participate in committee 1.60 950.00 $1,520.00meeting (1.4) 12/09/2020 CHM MC Attend committee weekly call. 0.80 675.00 $540.0012/09/2020 CHM MC Attend Committee meeting. 2.20 675.00 $1,485.0012/16/2020 DG MC Committee Meeting 2.00 1095.00 $2,190.00 12/16/2020 JDF MC Prepare for (2.); and participate in weekly committee 2.20 950.00 $2,090.00meeting (2.0) 11.70 $10,370.50 Operations [B210] 12/16/2020 DG OP Call with chairs and co-chairs re: CRO and business 1.10 1095.00 $1,204.50management candidates 12/24/2020 JDF OP Zoom conference with J. Rubenzahl and L. 1.10 950.00 $1,045.00Goldblatt re going forward options re business operations 2.20 $2,249.50 Plan & Disclosure Stmt. [B320] 12/01/2020 DG PD Call with Ori Katz re: Plan structure (.5 ); review 0.90 1095.00 $985.50memorandum from J. Kim on plan issues (.4) 12/01/2020 JJK PD Research/analysis re: plan issues and prepare memo 4.90 895.00 $4,385.50on same. 12/01/2020 JJK PD Research/analysis re: plan issues and draft memo on 4.80 895.00 $4,296.00same. 12/02/2020 DG PD Emails to M. Goldberg and other committee counsel 0.30 1095.00 $328.50re: plan negotiation process (.1); confer with J. Fiero re: Plan issues (.2) 12/02/2020 DG PD Review memo and cases cited therein regarding plan 0.80 1095.00 $876.00

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PFI Investor Committee Invoice126928 70041 -00002 December 31, 2020 Hours Rate Amount acceptance issues 12/02/2020 DG PD Review draft Plan proposal - initial analysis 1.30 1095.00 $1,423.5012/02/2020 JDF PD TC with D. Grassgreen re plan 0.20 950.00 $190.0012/02/2020 JDF PD Review Plan proposal 1.00 950.00 $950.00 12/02/2020 JJK PD Review/research plan issues and review plan 7.90 895.00 $7,070.50proposal and consider issues. 12/03/2020 DG PD Review Strawman plan proposal (.2); emails to and 0.30 1095.00 $328.50from Ori Katz re: same (.1) 12/03/2020 DG PD Review research on DOT plan issues 0.70 1095.00 $766.5012/03/2020 JDF PD Attention to DOT lien issues and plan settlement 0.90 950.00 $855.00proposal 12/04/2020 JJK PD Review plan issues. 0.30 895.00 $268.50 12/07/2020 CHM PD Review email from J. Fiero re netting memo and 0.10 675.00 $67.50reply. 12/07/2020 CHM PD Begin preparation of updated netting memo. 1.30 675.00 $877.5012/07/2020 DG PD Review revised plan term sheet (.3); emails with J. 0.50 1095.00 $547.50Fiero re: same (.1); emails with J. Kim re: Plan prep (.1) 12/07/2020 DG PD Review research re: netting methodologies 1.60 1095.00 $1,752.0012/07/2020 JDF PD Review plan proposal 0.50 950.00 $475.00 12/07/2020 JJK PD Emails Grassgreen on plan drafting matters. 0.10 895.00 $89.5012/07/2020 JJK PD Prepare plan draft and consider plan issues. 5.30 895.00 $4,743.5012/07/2020 JJK PD Prepare plan draft and consider plan issues. 2.00 895.00 $1,790.0012/08/2020 CHM PD Review and shepardize Vaughan decision and 1.40 675.00 $945.00review of cases; emails with D. Grassgreen and J. Fiero re same. 12/08/2020 DG PD Call with Debtor and other Committee 1.70 1095.00 $1,861.50representatives to discuss plan term sheet (partial participation) 12/08/2020 DG PD Initial call with M. Goldberg, Sheppard and 1.30 1095.00 $1,423.50Committee professionals to talk through netting issues under Plan before all professionals call 12/08/2020 JDF PD All professionals meeting re plan term sheet 1.70 950.00 $1,615.0012/08/2020 JDF PD Call with Goldberg, Shepard and other professionals 1.30 950.00 $1,235.00re settlement proposal 12/08/2020 JJK PD Prepare plan draft and consider plan issues. 4.90 895.00 $4,385.5012/09/2020 DG PD Weekly Committee Meeting - analysis of plan 2.20 1095.00 $2,409.00issues

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PFI Investor Committee Invoice126928 70041 -00002 December 31, 2020 Hours Rate Amount 12/09/2020 JDF PD Attend weekly committee meeting re plan 2.20 950.00 $2,090.0012/09/2020 JJK PD Prepare plan draft based on proposal from parties. 3.30 895.00 $2,953.5012/10/2020 JDF PD Work on "plain English" version of straw man 2.60 950.00 $2,470.00proposal 12/10/2020 JJK PD Review proposal and prepare draft plan. 5.50 895.00 $4,922.5012/11/2020 CHM PD Review comments from J. Fiero, reply and update 0.20 675.00 $135.00memo re same. 12/11/2020 JJK PD Prepare plan draft and consider plan issues. 5.30 895.00 $4,743.5012/13/2020 JDF PD Prepare (.4) for and participate in creditor committee 3.20 950.00 $3,040.00meeting (2.8) 12/14/2020 JDF PD TC with M. Litvak re plan issues (.1); Review email 0.20 950.00 $190.00from M. Litvak re same (.1) 12/14/2020 MBL PD Follow-up with J. Fiero re lien and plan issues (0.1); 1.00 950.00 $950.00review plan term sheet and memo re DOT treatment (0.5); email analysis to J. Fiero re same (0.4). 12/15/2020 DG PD Call with John Fiero re: netting call followup 0.20 1095.00 $219.0012/15/2020 DG PD Emails to and from Andrew Caine re: Clawback 0.10 1095.00 $109.50percentages and history in similar cases for plan analysis 12/15/2020 DG PD Call with John Fiero to review 0.50 1095.00 $547.50comments/recommendations re: Plan proposal 12/15/2020 JDF PD Finalize "plain English proposal for upcoming 3.50 950.00 $3,325.00committee meeting 12/15/2020 JDF PD Confer with D. Grassgreen re settlement proposal 0.50 950.00 $475.0012/15/2020 JJK PD Review plan proposal and prepare plan draft; 3.70 895.00 $3,311.50consider plan/confirmation issues. 12/15/2020 LAF PD Legal research re: Plans & disclosure statements 1.30 450.00 $585.00from PONZI chapter 11 cases. 12/16/2020 JJK PD Prepare plan and DS and review plan/confirmation 3.40 895.00 $3,043.00issues. 12/16/2020 JJK PD Prepare plan and DS and review plan/confirmation 7.30 895.00 $6,533.50issues. 12/17/2020 JDF PD Work on Plain English version of straw man 2.50 950.00 $2,375.00proposal 12/17/2020 JDF PD Review and consider case law on Ponzi netting 1.50 950.00 $1,425.0012/17/2020 JJK PD Prepare plan and DS and review plan/confirmation 3.10 895.00 $2,774.50issues. 12/17/2020 JJK PD Review/analyze plan issues and prepare plan and DS 6.40 895.00 $5,728.00

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PFI Investor Committee Invoice126928 70041 -00002 December 31, 2020 Hours Rate Amount drafts. 12/18/2020 JJK PD Prepare plan and DS drafts. 4.50 895.00 $4,027.5012/18/2020 JJK PD Prepare plan and DS drafts. 4.10 895.00 $3,669.5012/19/2020 JJK PD Prepare plan and DS drafts. 7.00 895.00 $6,265.0012/20/2020 DG PD Committee Meeeting to work on plan proposal 2.80 1095.00 $3,066.0012/28/2020 CHM PD Attend weekly professional call re plan issues 1.80 675.00 $1,215.0012/28/2020 DG PD Call with All Professionals re: case issues and plan 1.80 1095.00 $1,971.00issues 12/28/2020 JDF PD Attend all counsel call re plan issues 1.80 950.00 $1,710.0012/29/2020 JDF PD Correspond with Committee re Plan and upcoming 0.20 950.00 $190.00meeting 131.70 $121,001.00 Ret. of Prof./Other 12/01/2020 DG RPO Review memo to the UCC from the REC re: FTI 0.30 1095.00 $328.50engagement as CRO 12/07/2020 CHM RPO Email M. Solomon re conflicts list. 0.20 675.00 $135.0012/07/2020 DG RPO Call with A. Hinkelman re: engagement (.2); emails 0.70 1095.00 $766.50with committee members re: same (.1); call with Sheppard Mullins team and FTI re: CRO engagement logistics (.4) 12/12/2020 JDF RPO Three committee chair call regarding retention of 1.00 950.00 $950.00FTI (.7); TC with O. Katz and Andrew Hinkelman re same (.3) 12/14/2020 DG RPO Call with Hinkelman re: FTI engagement (.3); call 0.60 1095.00 $657.00with M. Goldberg re: same (.3) 12/14/2020 DG RPO Emails with committee re: FTI budget 0.20 1095.00 $219.0012/15/2020 DG RPO Calls with Chairs re: FTI Restructuring budget 1.40 1095.00 $1,533.0012/17/2020 DG RPO Review resume for John McCullough (.2); John 0.60 1095.00 $657.00Spelke (.2); and Arch and Beam website re: interview prep (.2) 12/17/2020 JDF RPO Attention to FTI retention issues 0.40 950.00 $380.0012/18/2020 DG RPO Call with Ori Katz re: preparation for interviews 5.50 1095.00 $6,022.50(.7); interview with John McCullough and committee team members (1); interview with Spelke (.8); followup call with Goldberg and Katz re: next steps (.5); call with committee professionals (.5) re: same: call with Robbin Itkin re: FTI calls on CRO role (.4); further call with 15 person interview team

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PFI Investor Committee Invoice126928 70041 -00002 December 31, 2020 Hours Rate Amount from Committees to provide feedback and determine next steps (1.6) 12/18/2020 DG RPO Review and respond to email from Robbin Itkin and 0.20 1095.00 $219.00C. Dumas re: Armanino transition 11.10 $11,867.50 Tax Issues [B240] 12/05/2020 DG TI Emails to and from Michael Solomon and A. 0.30 1095.00 $328.50Hinkelman re: investor tax issues 12/07/2020 DG TI Emails with Tax attorney re: background (.3) and 1.10 1095.00 $1,204.50participate in call re: investor tax issues (.6); followup emails with Hillary Winslow and C. Dumas re: same (.2) 12/10/2020 DG TI Review and respond to emails re: LLC property tax 0.50 1095.00 $547.50payments (.1); call with Robbin Itkin re: same (.3); respond to emails from J. Fiero and B. Marum re: same (.1) 12/13/2020 DG TI Cal with CPA for Investor (.3); prepare summary of 0.40 1095.00 $438.00tax issues email for committee (.1) 12/14/2020 DG TI Work on issues related to investor tax impacts 0.40 1095.00 $438.00including emails to and from MIchael Goldberg (.1); emails with John Mangini (.1); emails with Michael Solomon (.1); emails with Barret Marum (.1) 2.70 $2,956.50 TOTAL SERVICES FOR THIS MATTER: $208,808.00

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PFI Investor Committee Invoice126928 70041 -00002 December 31, 2020 Expenses 12/01/2020 LN 70041.00002 Lexis Charges for 12-01-20 9.08 12/02/2020 LN 70041.00002 Lexis Charges for 12-02-20 8.98 12/02/2020 LN 70041.00002 Lexis Charges for 12-02-20 8.62 12/07/2020 LN 70041.00002 Lexis Charges for 12-07-20 26.27 12/08/2020 RE2 SCAN/COPY ( 23 @0.10 PER PG) 2.30 12/10/2020 LN 70041.00002 Lexis Charges for 12-10-20 1.27 12/10/2020 LN 70041.00002 Lexis Charges for 12-10-20 12.69 12/15/2020 BB 70041.00002 Bloomberg Charges for 12-15-20 20.0012/15/2020 BB 70041.00002 Bloomberg Charges for 12-15-20 100.0012/15/2020 BB 70041.00002 Bloomberg Charges for 12-15-20 40.0012/15/2020 BB 70041.00002 Bloomberg Charges for 12-15-20 20.0012/15/2020 BB 70041.00002 Bloomberg Charges for 12-15-20 40.0012/15/2020 BB 70041.00002 Bloomberg Charges for 12-15-20 1.6012/15/2020 BB 70041.00002 Bloomberg Charges for 12-15-20 9.3012/15/2020 BB 70041.00002 Bloomberg Charges for 12-15-20 3.0012/15/2020 LN 70041.00002 Lexis Charges for 12-15-20 8.94 12/17/2020 RE2 SCAN/COPY ( 19 @0.10 PER PG) 1.90

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PFI Investor Committee Invoice126928 70041 -00002 December 31, 2020 12/17/2020 RE2 SCAN/COPY ( 11 @0.10 PER PG) 1.10 12/20/2020 RE2 SCAN/COPY ( 12 @0.10 PER PG) 1.20 12/23/2020 LN 70041.00002 Lexis Charges for 12-23-20 5.08 12/23/2020 LN 70041.00002 Lexis Charges for 12-23-20 55.24 12/31/2020 PAC Pacer - Court Research 11.70 $388.27 Total Expenses for this Matter

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PFI Investor Committee Invoice126928 70041 -00002 December 31, 2020 REMITTANCE ADVICE Please inlcude this Remittance with your payment For current services rendered through: 12/31/2020 Total Fees $208,808.00 Total Expenses 388.27 Total Due on Current Invoice $209,196.27 Outstanding Balance from prior invoices as of 12/31/2020 (May not include recent payments)A/R Bill Number Invoice Date Fees Billed Expenses Billed Balance Due126178 09/30/2020 $189,749.25 $1,026.72 $190,775.97 126529 10/31/2020 $140,531.85 $140.34 $140,672.19 126784 11/30/2020 $219,081.15 $0.00 $219,081.15 Total Amount Due on Current and Prior Invoices: $759,725.58

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150 California St. Floor 15th San Francisco, CA 94111 January 31, 2021 DIG Invoice 127400 Client 70041 Matter 00002 DG RE: Committee Representation _______________________________________________________________________________________STATEMENT OF PROFESSIONAL SERVICES RENDERED THROUGH 01/31/2021FEES $277,247.50 EXPENSES $342.69 LESS COURTESY DISCOUNT $56,215.15 TOTAL CURRENT CHARGES $221,375.04 BALANCE FORWARD $1,016,453.97 A/R Adjustments -$277,609.19 TOTAL BALANCE DUE $960,219.82

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PFI Investor Committee Invoice127400 70041 -00002 January 31, 2021 Summary of Services by Professional ID Name Title Rate Hours Amount BDD Dassa, Beth D. Paralegal 460.00 7.40 $3,404.00 CHM Mackle, Cia H. Counsel 750.00 61.10 $45,825.00 DG Grassgreen, Debra I. Partner 1295.00 69.00 $89,355.00 $3,040.00 JDF Fiero, John D. Partner 950.00 3.20 $91,751.00 JDF Fiero, John D. Partner 1045.00 87.80 $32,636.00 JJK Kim, Jonathan J. Counsel 995.00 32.80 $490.00 KHB Brown, Kenneth H. Partner 1225.00 0.40 MBL Litvak, Maxim B. Partner 1125.00 5.30 $5,962.50 PJJ Jeffries, Patricia J. Paralegal 460.00 10.40 $4,784.00 277.40 $277,247.50

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PFI Investor Committee Invoice127400 70041 -00002 January 31, 2021 Summary of Services by Task Code Task Code Description Hours Amount AA Asset Analysis/Recovery[B120] 1.10 $1,149.50 BL Bankruptcy Litigation [L430] 20.10 $21,076.50 CA Case Administration [B110] 10.30 $9,872.50 CMM Committee Matters 0.40 $418.00 CP Compensation Prof. [B160] 18.80 $13,563.50 FN Financing [B230] 7.10 $7,535.00 FOR Forensic Analysis 5.10 $6,079.50 GC General Creditors Comm. [B150] 8.70 $9,231.50 HE Hearing 1.30 $975.00 INVC Investor Communications 50.70 $54,990.50 MC Meeting of Creditors [B150] 34.00 $35,903.00 PD Plan & Disclosure Stmt. [B320] 118.40 $114,640.00 TI Tax Issues [B240] 1.40 $1,813.00 277.40 $277,247.50

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PFI Investor Committee Invoice127400 70041 -00002 January 31, 2021 Summary of Expenses Description Amount Conference Call [E105] $74.52 Lexis/Nexis- Legal Research [E $190.67 Pacer - Court Research $67.00 Reproduction/ Scan Copy $10.50 $342.69

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PFI Investor Committee Invoice127400 70041 -00002 January 31, 2021 Hours Rate Amount Asset Analysis/Recovery[B120] 01/07/2021 JDF AA Draft emails to A. Hinkelman re vacancy reporting 0.50 1045.00 $522.5001/27/2021 JDF AA Confer with Committee members regarding current 0.60 1045.00 $627.00status of the real estate 1.10 $1,149.50 Bankruptcy Litigation [L430] 01/10/2021 JDF BL Legal research on aggregation and look-back periods 2.40 1045.00 $2,508.00for fraudulent transfers 01/12/2021 JDF BL Review article on Ninth Circuit Ponzi rules re 0.30 1045.00 $313.50netting, aggregation, Ponzi presumption 01/26/2021 JDF BL Continue legal research and drafting of complaint 2.60 1045.00 $2,717.00seeking Ponzi finding 01/27/2021 JDF BL Continue drafting declaratory relief complaint 1.30 1045.00 $1,358.5001/28/2021 JDF BL Draft declaratory relief complaint 7.60 1045.00 $7,942.0001/28/2021 KHB BL Confer with J. Fiero re alter ego and single 0.40 1225.00 $490.00enterprise theory and locate authority re same. 01/31/2021 JDF BL Continue preparation of draft complaint for 5.50 1045.00 $5,747.50declaratory relief 20.10 $21,076.50 Case Administration [B110] 11/11/2020 JDF CA Draft email to Fidelity re project and parameters 0.20 950.00 $190.0001/03/2021 JDF CA Review email from Committee member re process 0.40 1045.00 $418.00(.2) Prepare email to D. Grassgreen re status of committee (.2) 01/04/2021 CHM CA PFI all counsel coordination call re plan and open 1.10 750.00 $825.00issues 01/04/2021 DG CA Weekly all professonals update call re plan and open 1.10 1295.00 $1,424.50issues 01/04/2021 DG CA Draft agendas for all committee call (.1); review and 0.30 1295.00 $388.50comment on emails to committee from L. Goldblatt re: committee administration and oversight (.2) 01/04/2021 JDF CA All counsel weekly call re plan and open issues 1.10 1045.00 $1,149.5001/04/2021 PJJ CA Update WIP, Critical Dates Memo, calendar entries 0.40 460.00 $184.00and reminders. 01/05/2021 JDF CA Emails among the committees regarding "oversight" 0.50 1045.00 $522.50committee(.3); Consider agenda items for meeting

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PFI Investor Committee Invoice127400 70041 -00002 January 31, 2021 Hours Rate Amount (.2) 01/06/2021 DG CA Review involuntary bankruptcy filing analysis from 0.40 1295.00 $518.00Barrett Marum and analyze same 01/06/2021 JDF CA Review plan for getting all debtors into bankruptcy 0.40 1045.00 $418.00(.3); Confer with M. Litvak re case status (.1) 01/07/2021 JDF CA TC with creditor re case status (.4); Confer with D. 0.80 1045.00 $836.00Grassgreen re oversight committee (.2); Respond to committee member email re IRA investors (.2) 01/09/2021 JDF CA Emails with counsel group re individual creditor 0.20 1045.00 $209.00claim position 01/11/2021 CHM CA Update PFI task list; email B. Marum re same. 0.30 750.00 $225.0001/12/2021 JDF CA Consider agenda for tomorrow's meeting as well as 0.70 1045.00 $731.50who should attend (.3); Construct agenda (.1); TC with Committee member re pending items (.3) 01/14/2021 JDF CA Correspond with committee member re pending 0.30 1045.00 $313.50items 01/14/2021 PJJ CA Update critical dates memo, calendar entries and 0.30 460.00 $138.00reminders. 01/15/2021 JDF CA Work to obtain committee approval of KERP 0.50 1045.00 $522.50proposed by CRO 01/16/2021 CHM CA Review email from L. Goldblatt re A. Hinkleman 0.10 750.00 $75.00and D. Alfaro and reply. 01/19/2021 PJJ CA Update critical dates memo, calendar entries and 0.20 460.00 $92.00reminders. 01/26/2021 PJJ CA Update critical dates memo, calendar entries and 0.20 460.00 $92.00reminders. 01/28/2021 CHM CA Telephone conference with B. Marum re plan 0.80 750.00 $600.00timeline issues and claim bar date issues. 10.30 $9,872.50 Committee Matters 01/05/2021 JDF CMM Revise Liaison Committee mission statement 0.40 1045.00 $418.000.40 $418.00 Compensation Prof. [B160] 01/04/2021 CHM CP Email P. Jeffries re fee application preparation. 0.10 750.00 $75.0001/04/2021 CHM CP Review email from P. Jeffries re fee application and 0.10 750.00 $75.00reply. 01/04/2021 PJJ CP Prepare 1st interim fee application. 1.50 460.00 $690.00

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PFI Investor Committee Invoice127400 70041 -00002 January 31, 2021 Hours Rate Amount 01/05/2021 PJJ CP Work on fee applications. 0.70 460.00 $322.0001/07/2021 CHM CP Review email from M. Delaney re fee application 0.10 750.00 $75.00hearing and reply. 01/15/2021 PJJ CP Work on fee application. 0.50 460.00 $230.0001/18/2021 PJJ CP Prepare fee application. 4.30 460.00 $1,978.0001/19/2021 CHM CP Review and update fee application and email D. 1.30 750.00 $975.00Grassgreen re same. 01/19/2021 CHM CP Update memo re adequate protection. 0.60 750.00 $450.0001/19/2021 CHM CP Email J. Fiero re professional fees. 0.10 750.00 $75.0001/20/2021 CHM CP Email M. Klinger re fee application notice. 0.20 750.00 $150.0001/20/2021 CHM CP Email M. Klinger re language insertion re fee write 0.10 750.00 $75.00off. 01/20/2021 JDF CP Work on first interim fee application 2.60 1045.00 $2,717.0001/21/2021 JDF CP Work on revisions to first interim fee application 3.30 1045.00 $3,448.5001/21/2021 PJJ CP Revise first interim fee application. 2.30 460.00 $1,058.0001/22/2021 DG CP Call with Professionals regarding fee applications 0.50 1295.00 $647.5001/22/2021 JDF CP Professionals call re fee applications 0.50 1045.00 $522.5018.80 $13,563.50 Financing [B230] 01/05/2021 MBL FN Follow-up with lender counsel re loan documents. 0.10 1125.00 $112.5001/06/2021 MBL FN Continue review of Pacific Western loan documents 1.00 1125.00 $1,125.00(0.8); coordinate with debtor counsel re same (0.2). 01/07/2021 MBL FN Review additional title info and review Box loan 0.30 1125.00 $337.50files. 01/08/2021 JDF FN Confer with M. Litvak re Banner Bank loan 0.10 1045.00 $104.5001/08/2021 MBL FN Review additional bank loan documents and update 0.70 1125.00 $787.50summary (0.5); emails with debtor counsel re same (0.2). 01/14/2021 DG FN Respond to emails from counsel for lenders re: 0.30 1295.00 $388.50language in cash collateral orders 01/16/2021 MBL FN Follow-up with Five Star counsel re loan documents. 0.10 1125.00 $112.5001/19/2021 CHM FN Review bank invoices and draft memo re adequate 1.00 750.00 $750.00protection bank requests and email same to D. Grassgreen. 01/19/2021 CHM FN Email R. Lapping re invoices. 0.10 750.00 $75.00

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PFI Investor Committee Invoice127400 70041 -00002 January 31, 2021 Hours Rate Amount 01/19/2021 CHM FN Email R. Lapping re additional invoices needed for 0.10 750.00 $75.00spreadsheet. 01/22/2021 JDF FN Confer with M. Litvak re bank loan documents 0.10 1045.00 $104.5001/22/2021 MBL FN Attention to Five Star claims; coordinate with lender 0.20 1125.00 $225.00counsel and J. Fiero re loan documents and claim objection. 01/23/2021 MBL FN Continue review of available loan and title 2.80 1125.00 $3,150.00documents; update summary chart. 01/23/2021 MBL FN Follow-up with debtor counsel re missing Tri 0.10 1125.00 $112.50Counties Bank documents. 01/27/2021 CHM FN Email J. Fiero re bank adequate protection fees. 0.10 750.00 $75.007.10 $7,535.00 Forensic Analysis 01/04/2021 DG FOR Call with Alfaro re: Forensic review Forensic 0.40 1295.00 $518.00Analysis 01/04/2021 JDF FOR TC with D. Grassgreen and D. Alfaro re FTI 0.40 1045.00 $418.00analysis 01/08/2021 DG FOR Call with FTI to review and revise slides for all 2.30 1295.00 $2,978.50investor meeting 01/10/2021 JDF FOR Participate in group call with FTI and Goldberg re 1.70 1045.00 $1,776.50netting presentation to investors Forensic Analysis 01/14/2021 DG FOR Review email from Aria and netting example to 0.30 1295.00 $388.50address rising tide and "fairness" in advance of meeting Forensic Analysis 5.10 $6,079.50 General Creditors Comm. [B150] 08/28/2020 JDF GC Attend audience with Armanino 3.00 950.00 $2,850.0001/03/2021 DG GC Review Liza Goldblatt email and memo and several 0.50 1295.00 $647.50emails in response thereto re: committee structure 01/08/2021 DG GC Call with Keith and Liza re: committee structure 1.20 1295.00 $1,554.00issues 01/12/2021 JDF GC Participate in Liaison Committee meeting 1.10 1045.00 $1,149.5001/19/2021 JDF GC Attend meeting of Liaison Committee 1.50 1045.00 $1,567.5001/19/2021 JDF GC Work on agenda for upcoming committee meeting 1.00 1045.00 $1,045.00(.2); Work on motion to appoint plan committee (.8) 01/26/2021 JDF GC Revise business plan committee proposal 0.40 1045.00 $418.00

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PFI Investor Committee Invoice127400 70041 -00002 January 31, 2021 8.70 $9,231.50 Hearing 01/12/2021 CHM HE Review email from J. Fiero re hearing and reply. 0.10 750.00 $75.0001/19/2021 CHM HE Email H. Phan re courtcall access. 0.10 750.00 $75.0001/19/2021 CHM HE Review email from D. Grassgreen re hearing and 0.10 750.00 $75.00reply. 01/19/2021 CHM HE Attend hearing and draft summary of same for 1.00 750.00 $750.00committee. 1.30 $975.00 Investor Communications 01/04/2021 JDF INVC Revise committee member's draft email to all 0.20 1045.00 $209.00investors 01/06/2021 DG INVC Investor Meeting (2.2); emails with C. Dumas and 2.40 1295.00 $3,108.00R. Itkin re: same (.2) 01/06/2021 DG INVC Call with chairs re: agenda for all investor meeting 1.10 1295.00 $1,424.50(.6); review slides to be pared back re: same (.3); numerous emails with chairs and committee re: agenda (.2) 01/07/2021 CHM INVC Telephone conference with investor re case inquiry. 0.30 750.00 $225.0001/07/2021 JDF INVC Review and comment upon draft slides for investor 1.50 1045.00 $1,567.50meeting re clawback 01/08/2021 CHM INVC Review Committee email update from S. Pardi and 0.30 750.00 $225.00provide comments. 01/08/2021 JDF INVC TC with individual creditor (.4); Respond to 0.70 1045.00 $731.50committee member inquiry (.1); Emails re investor who cashed out during the preference period (.2) 01/10/2021 DG INVC Multiple emails with Liza Goldblatt and others re: 0.20 1295.00 $259.00Monday night meeting agenda 01/10/2021 DG INVC Call to go over slides for Investor Meeting (1.8); 2.10 1295.00 $2,719.50emails to Liza Goldblatt and all professionals re: same (.3) 01/11/2021 DG INVC Prepare for (.3) and attend investor meeting on 3.00 1295.00 $3,885.00netting (2.0); receive and review followup questions and provide feedback (.7) 01/11/2021 DG INVC Emails with Aria (multiple), email with Liza 0.30 1295.00 $388.50Goldblatt (multiple) (.2); and emails with Barrett Marum and review of links to slides for presentation re: investor presentation tonight (.1) 01/11/2021 DG INVC Call with Aria re: netting meeting (.2); review and 0.30 1295.00 $388.50

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PFI Investor Committee Invoice127400 70041 -00002 January 31, 2021 Hours Rate Amount respond to emails re: same (.1) 01/11/2021 JDF INVC Prepare for and participate in investor meeting 2.00 1045.00 $2,090.00presentation 01/13/2021 CHM INVC Email B. Marum re slides from all investor meeting. 0.10 750.00 $75.0001/13/2021 CHM INVC Draft investor call notes for circulation. 1.40 750.00 $1,050.0001/13/2021 DG INVC Emails to and from investors re: communications 0.50 1295.00 $647.50with Goldberg and FTI and meetings coming up (.3); draft email re: same (.1); further emails with committee re: investor communications (.1) 01/13/2021 DG INVC Partial participation in prep call for investor meeting 0.70 1295.00 $906.5001/13/2021 JDF INVC Respond to inquiries from petitioning creditor 1.00 1045.00 $1,045.0001/14/2021 CHM INVC Finalize investor call notes and email same to R. 0.50 750.00 $375.00Hannah. 01/14/2021 CHM INVC Attend investor call. 1.00 750.00 $750.0001/14/2021 DG INVC Prepare for investor meeting on aggregation (.5); 1.50 1295.00 $1,942.50attend investor meeting (1) 01/14/2021 DG INVC Prep call for investor meeting on aggregation 1.30 1295.00 $1,683.5001/14/2021 DG INVC Numerous emails with Liza Goldblatt and Keith 0.20 1295.00 $259.00Merron re: meeting tonight 01/14/2021 DG INVC Email with Aria re: protocol for Investor meeting 0.10 1295.00 $129.5001/14/2021 DG INVC Review and edit response to questions for investor 0.50 1295.00 $647.50meeting 01/14/2021 JDF INVC Conference call to prepare for investor call 0.60 1045.00 $627.0001/14/2021 JDF INVC Attend all investor conference call re aggregation 1.30 1045.00 $1,358.5001/15/2021 CHM INVC Review investor email and send comments to S. 0.30 750.00 $225.00Pardi. 01/15/2021 JDF INVC Prepare script for Michael Goldberg on tax question 0.30 1045.00 $313.5001/19/2021 CHM INVC Review Q&A answers and email D. Grassgreen re 0.80 750.00 $600.00same. 01/19/2021 CHM INVC Email committee members re hearing update. 0.20 750.00 $150.0001/19/2021 CHM INVC Attend investor call and draft call notes for 2.00 750.00 $1,500.00circulation. 01/19/2021 DG INVC Review and revise questions to all investor meeting 2.40 1295.00 $3,108.00(.7); call with M. Goldberg and other committee professionals to go over Investor questions (1.7) 01/19/2021 DG INVC Prepare for and attend investor meeting 1.40 1295.00 $1,813.0001/19/2021 JDF INVC Emails with Committee chair re investor meeting 0.20 1045.00 $209.00and discussion with D. Grassgreen re same

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PFI Investor Committee Invoice127400 70041 -00002 January 31, 2021 Hours Rate Amount 01/20/2021 DG INVC Call with Chairs and MG re: setting of agenda and 1.80 1295.00 $2,331.00related matters (1.5); emails to Shela and Liza re: Agenda (.1); review questions from Shela (.2) 01/21/2021 CHM INVC Finalize Bankruptcy Plan 101 presentation and email 2.30 750.00 $1,725.00same to D. Grassgreen and J. Fiero. 01/22/2021 CHM INVC Review proposed email from S. Pardi and update. 0.20 750.00 $150.0001/22/2021 DG INVC Followup chair meeting on Agenda and related 1.00 1295.00 $1,295.00matters 01/22/2021 JDF INVC Confer with C. Mackle re investor presentation 1.20 1045.00 $1,254.00revisions (.5); Prepare additional slides (.7) 01/22/2021 JDF INVC TC with Committee member re case progress 0.30 1045.00 $313.5001/24/2021 DG INVC Review and respond to various committee emails re: 0.40 1295.00 $518.00concerns, questions and issues for investor meeting (.3); email with M. Goldberg and Andrew Hinkelman re: same (.1) 01/25/2021 CHM INVC Telephone conference with creditor. 0.30 750.00 $225.0001/25/2021 CHM INVC Attend all investor call. 2.50 750.00 $1,875.0001/25/2021 DG INVC Review questions and participate in call to prep for 3.70 1295.00 $4,791.50creditor meeting (.8); investor meeting (2.6); review and edit tax FAQ (.3) 01/25/2021 JDF INVC Conference call to discuss questions to be presented 0.70 1045.00 $731.5001/25/2021 JDF INVC Respond to committee member inquiries re pending 0.40 1045.00 $418.00items 01/27/2021 CHM INVC Review email from R. Hannah and reply. 0.10 750.00 $75.0001/29/2021 CHM INVC Finalize call notes and email to R. Hannah. 1.70 750.00 $1,275.0001/29/2021 DG INVC Emails with Liza and Aria re: agenda and next 0.10 1295.00 $129.50weeks' meetings 01/29/2021 DG INVC Review and comment on slides for Monday investor 0.30 1295.00 $388.50meeting 01/29/2021 DG INVC Review and respond to multiple emails with Carole, 0.20 1295.00 $259.00Rama, Shela, LIza, Keith (more than 30) re: agenda for Monday 01/30/2021 CHM INVC Email S. Pardi re edits to investor email. 0.30 750.00 $225.0001/30/2021 CHM INVC Finalize plan 101 overview slides and potential 0.40 750.00 $300.00timeline; email D. Grassgreen re same. 01/31/2021 CHM INVC Review email from L. Goldblatt re minutes and 0.10 750.00 $75.00reply. 50.70 $54,990.50

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PFI Investor Committee Invoice127400 70041 -00002 January 31, 2021 Hours Rate Amount Meeting of Creditors [B150] 01/05/2021 CHM MC All Committee Meeting with Official Committee 2.60 750.00 $1,950.00and all Professionals re: plan issues, case issues and related status. 01/05/2021 DG MC Revise Agenda for all committee meeting (2x) 0.20 1295.00 $259.0001/05/2021 DG MC All Committee Meeting with Official Committee 2.60 1295.00 $3,367.00and all Professionals re: plan issues, case issues and related status. 01/05/2021 DG MC Call with committee counsel and others regarding 1.20 1295.00 $1,554.00Oversight Committee (.7); revise draft of summary document re: same and circulate to other committee counsel (.3); further call with Robbin Itkin re: same (.2) 01/06/2021 CHM MC Weekly committee call. 1.70 750.00 $1,275.0001/06/2021 DG MC Weekly Committee Meeting 1.70 1295.00 $2,201.5001/06/2021 JDF MC Prepare for and participate in committee meeting 2.20 1045.00 $2,299.0001/11/2021 CHM MC Attend all investor call. 2.10 750.00 $1,575.0001/12/2021 DG MC Call with John Fiero re: committee meeting (.4); 0.60 1295.00 $777.00review and respond to email from Lisa De Monsier re: same (.1); call with Paul Gredanus re: same (.1) 01/12/2021 JDF MC Confer with D. Grassgreen re tomorrow's committee 0.40 1045.00 $418.00meeting 01/13/2021 DG MC Review agenda and documents including ad hoc 1.80 1295.00 $2,331.00stipulation in prep for meeting (.3); weekly committee meeting (1.5) 01/13/2021 JDF MC Prepare for and participate in Committee meeting 2.40 1045.00 $2,508.0001/15/2021 DG MC Committee meeting 2.00 1295.00 $2,590.00 01/19/2021 DG MC Confer with J. Fiero re: meeting tomorrow and key 0.20 1295.00 $259.00topics 01/20/2021 CHM MC Attend committee meeting. 2.00 750.00 $1,500.0001/20/2021 DG MC Committee Meeting 2.00 1295.00 $2,590.00 01/20/2021 JDF MC Prepare for (.2) and participate in creditors' 2.20 1045.00 $2,299.00committee meeting (2.0) 01/22/2021 CHM MC Telephone conference with J. Fiero re updated 0.50 750.00 $375.00investor presentation and update presentation. 01/26/2021 JDF MC Prepare committee meeting agenda 0.20 1045.00 $209.0001/27/2021 CHM MC Attend committee meeting. 1.70 750.00 $1,275.0001/27/2021 DG MC Weekly Committee Meeting 1.70 1295.00 $2,201.50

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PFI Investor Committee Invoice127400 70041 -00002 January 31, 2021 Hours Rate Amount 01/27/2021 JDF MC Further preparation for and then participate in 2.00 1045.00 $2,090.00creditors committee meeting 34.00 $35,903.00 Plan & Disclosure Stmt. [B320] 01/01/2021 JJK PD Emails Dassa on DS inserts and prepare draft 1.90 995.00 $1,890.50disclosure statement. 01/01/2021 BDD PD Email J. King re Plan & Disclosure Statement 0.10 460.00 $46.0001/02/2021 BDD PD Email J Kim re Plan & Disclosure Statement 0.10 460.00 $46.0001/04/2021 CHM PD Review timeline and email B. Marum and O. Katz re 0.20 750.00 $150.00same. 01/04/2021 DG PD Multiple emails to and from professionals re: role of 0.30 1295.00 $388.50self-developed "oversight" committee 01/04/2021 JJK PD Review issues and prepare disclosure statement. 3.50 995.00 $3,482.5001/04/2021 JJK PD Review issues and prepare disclosure statement. 2.00 995.00 $1,990.0001/05/2021 JDF PD All committee meeting re plan and settlement 2.60 1045.00 $2,717.00matters 01/06/2021 JDF PD Confer with D. Grassgreen re DOTs and their 0.60 1045.00 $627.00settlement position (.2); Work on TIC issues in plan (.4) 01/06/2021 JJK PD Review issues and prepare disclosure statement. 2.30 995.00 $2,288.5001/06/2021 BDD PD Work on inserts to Disclosure Statement and email J. 6.90 460.00 $3,174.00Kim re same 01/07/2021 DG PD Call with Ori Katz re: prep for meeting on settlement 0.70 1295.00 $906.50(.5); review spreadsheet re: same (.2) 01/07/2021 JDF PD Sheppard Mullin call re settlement posture (.5): 0.80 1045.00 $836.00Email to committee member re trust operation (.3) 01/07/2021 JJK PD Review plan/DS issues and prepare disclosure 5.00 995.00 $4,975.00statement. 01/07/2021 JJK PD Prepare disclosure statements and related review of 5.70 995.00 $5,671.50documents/pleadings. 01/07/2021 BDD PD Additional edits to disclosure statement and email J. 0.30 460.00 $138.00Kim re same 01/08/2021 CHM PD Attend meeting of professionals re plan term sheet 2.80 750.00 $2,100.0001/08/2021 DG PD All Professional Meeting to discuss plan term sheet 2.30 1295.00 $2,978.5001/08/2021 JDF PD PFI Plan term sheet call 2.80 1045.00 $2,926.0001/08/2021 JDF PD Legal research on res judicata in plans based on 0.50 1045.00 $522.50claims identified or not identified in disclosure

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PFI Investor Committee Invoice127400 70041 -00002 January 31, 2021 Hours Rate Amount statement 01/08/2021 JJK PD Prepare disclosure statement and related plan/DS 4.50 995.00 $4,477.50issues review. 01/08/2021 JJK PD Prepare disclosure statement and related plan/DS 5.40 995.00 $5,373.00issues review. 01/10/2021 DG PD Review aggregation caselaw 0.70 1295.00 $906.5001/11/2021 CHM PD Review aggregation memo and legal research re 2.50 750.00 $1,875.00same. 01/11/2021 CHM PD Attend all counsel call re plan open issues 2.10 750.00 $1,575.0001/11/2021 DG PD Call with Professionals to review Strawman 2.10 1295.00 $2,719.50proposal open issues including review of document and model. 01/11/2021 DG PD Call with Robbin Itkin re: plan issues 0.40 1295.00 $518.0001/11/2021 JDF PD All counsel call re plan issues 2.20 1045.00 $2,299.0001/11/2021 JDF PD Research re intersection of Slatkin and Vaughan 0.40 1045.00 $418.00cases 01/12/2021 DG PD Call with Robbin Itkin re: plan issues (.4); review 0.60 1295.00 $777.00detailed email re: same (.2) 01/12/2021 DG PD Review and analyze summary from R. Itkin of LLC 0.30 1295.00 $388.50concerns on Strawman proposal (.2); emails to and from Robbin Itkin re: same (.1) 01/12/2021 DG PD Email from Liza re: plan committee (.1); call with 0.40 1295.00 $518.00John Fiero re: same (.3) 01/13/2021 CHM PD Review properties list and determine equity by 1.20 750.00 $900.00different investment types. 01/15/2021 CHM PD Attend committee meeting re plan and settlement 2.20 750.00 $1,650.0001/15/2021 JDF PD Committee meeting on settlement proposal 2.20 1045.00 $2,299.0001/17/2021 DG PD Call re: plan term sheet with FTI and Sheppard 2.00 1295.00 $2,590.00Mullins (1.1); review spreadsheet (.3); followup call (.6) 01/17/2021 JDF PD Discuss distribution scenario with FTI and debtor 3.40 1045.00 $3,553.00representatives (1.6); Review documents regarding pending claims and avoidability (.8); TC with M. Goldberg re claims analysis (.5); Prepare email memo to D. Grassgreen re claims analysis (.5) 01/18/2021 DG PD Call with FTI team and Ori Katz and review of 0.90 1295.00 $1,165.50model re: Plan negotiation (.5); review revised model and emails from Katz (.3); emails to and from R. Itkin re: same (.1) 01/19/2021 CHM PD Email B. Marum re timeline. 0.10 750.00 $75.00

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PFI Investor Committee Invoice127400 70041 -00002 January 31, 2021 Hours Rate Amount 01/19/2021 DG PD Emails to and from Ori Katz re: plan negotiation 0.20 1295.00 $259.0001/19/2021 JDF PD Attend All Counsel call with Goldberg re answers to 2.70 1045.00 $2,821.50investor questions (1.5) and participate in investor meeting (1.2) 01/20/2021 CHM PD Draft various potential plan timelines and 2.50 750.00 $1,875.00correspond with D. Grassgreen and J. Fiero re same. 01/20/2021 CHM PD Email O. Katz re combined plan timeline. 0.10 750.00 $75.0001/20/2021 JJK PD Email Grassgreen on plan status/recovery analysis. 0.10 995.00 $99.5001/21/2021 CHM PD Review plan documents, update plan scenarios 5.20 750.00 $3,900.00timelines and begin drafting plan presentation; correspond with O. Katz, B. Marum, D. Grassgreen and J. Fiero re same. 01/21/2021 CHM PD Telephone conference with O. Katz re timeline and 0.80 750.00 $600.00update timeline and memo accordingly. 01/21/2021 CHM PD Review email from J. Fiero re plan and reply. 0.10 750.00 $75.0001/21/2021 DG PD Review timeline for plan and summary of 0.50 1295.00 $647.50presentation for investor meeting on plan issues 01/21/2021 JDF PD Prepare additional slides for plan investor 0.50 1045.00 $522.50presentation 01/22/2021 DG PD Review proposal from LLC's re: plan parameters 0.50 1295.00 $647.50(.3); emails to LLC and other counsel re: concerns re: same (.2) 01/22/2021 DG PD Call with Cecily Dumas re: plan issues 0.50 1295.00 $647.5001/22/2021 JDF PD TC with B. Marum re Ponzi finding 0.30 1045.00 $313.5001/22/2021 JDF PD Prepare written responses to client questions re plan 0.50 1045.00 $522.50settlement 01/22/2021 JDF PD Prepare for and participate in group call re plan 0.80 1045.00 $836.0001/23/2021 DG PD Call with Ori Katz, Michael Goldberg, Andrew 1.00 1295.00 $1,295.00HInkelman and Robbin Itkin re: Plan issues 01/24/2021 DG PD Call with Professionals re: plan proposal 2.00 1295.00 $2,590.0001/24/2021 DG PD Review revised plan proposal (.5); emails with 0.70 1295.00 $906.50committee re: same (.2) 01/24/2021 JDF PD Professionals call re plan term sheet 2.00 1045.00 $2,090.0001/24/2021 JJK PD Email Grassgreen re: plan/DS matters and consider 0.10 995.00 $99.50same. 01/25/2021 JDF PD Review and comment upon revisions to straw man 0.30 1045.00 $313.50proposal term sheet 01/26/2021 CHM PD Correspond with counsel re plan task list and 4.40 750.00 $3,300.00

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PFI Investor Committee Invoice127400 70041 -00002 January 31, 2021 Hours Rate Amount timeline and begin preparation of plan summary. 01/26/2021 JDF PD TC with investor re long term strategy for 1.00 1045.00 $1,045.00reorganized entities (.6); Follow and participate in email discussions regarding plan term sheet revisions (.4) 01/26/2021 JDF PD Prepare for committee meeting presentation on 0.90 1045.00 $940.50revised Straw Man 01/26/2021 JJK PD Emails Mackle, Grassgreen, other counsel on plan, 0.50 995.00 $497.50DS, timeline, etc., and consider issues. 01/27/2021 CHM PD Email counsel re plan task list. 0.10 750.00 $75.0001/27/2021 CHM PD Email B. Marum re plan task list. 0.10 750.00 $75.0001/27/2021 DG PD Call with J. Fiero re: plan issues 0.40 1295.00 $518.0001/27/2021 JDF PD Confer with D. Grassgreen re plan 0.30 1045.00 $313.5001/27/2021 JDF PD Prepare email to other committees regarding 0.60 1045.00 $627.00positions taken by the Official Committee 01/28/2021 CHM PD Review email from B. Marum and reply. 0.10 750.00 $75.0001/29/2021 CHM PD Attend all committee call re plan term sheet 3.50 750.00 $2,625.00finalization. 01/29/2021 DG PD Professionals call in advance of mediation with 3.20 1295.00 $4,144.00committees (.5); call with all committees and Debtor to negotiate final plan term sheet (2.7) 01/29/2021 DG PD Call with John Fiero re: plan position of UCC in 0.60 1295.00 $777.00prep for call (.3); review summary of position (.3) 01/29/2021 DG PD Review revised settlement proposal in advance of all 0.50 1295.00 $647.50committee call 01/29/2021 JDF PD Attend all committee call re plan term sheet 3.50 1045.00 $3,657.5001/29/2021 JJK PD Prepare liq. trust agreement form. 1.80 995.00 $1,791.0001/30/2021 CHM PD Draft email to B. Marum re timeline. 0.20 750.00 $150.0001/30/2021 JDF PD Review Woodbridge trust agreement in preparation 0.30 1045.00 $313.50for preparing PFI trust agreements 118.40 $114,640.00 Tax Issues [B240] 01/07/2021 DG TI Call with Luna Baron re: tax issues (.4); call with 0.90 1295.00 $1,165.50Mark Porter re: same (.5) 01/13/2021 DG TI Call with Hinkelman and Joffe re: tax issues 0.50 1295.00 $647.501.40 $1,813.00

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PFI Investor Committee Invoice127400 70041 -00002 January 31, 2021 TOTAL SERVICES FOR THIS MATTER: $277,247.50

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PFI Investor Committee Invoice127400 70041 -00002 January 31, 2021 Expenses 12/03/2020 CC Conference Call [E105] AT&T Conference Call, JDF 4.5412/04/2020 CC Conference Call [E105] AT&T Conference Call, JDF 0.2712/08/2020 CC Conference Call [E105] AT&T Conference Call, JDF 4.7112/21/2020 CC Conference Call [E105] AT&T Conference Call, JDF 24.5201/10/2021 LN 70041.00002 Lexis Charges for 01-10-21 46.06 01/13/2021 CC Conference Call [E105] AT&T Conference Call, DG 4.6301/13/2021 LN 74001.00002 Lexis Charges for 01-13-21 130.42 01/19/2021 CC Conference Call [E105] CourtCall Debit Ledger for 27.7501/01/2021 through 01/31/2021, CHM 01/19/2021 RE2 SCAN/COPY ( 4 @0.10 PER PG) 0.40 01/20/2021 CC Conference Call [E105] AT&T Conference Call, JWL 0.9101/21/2021 RE2 SCAN/COPY ( 54 @0.10 PER PG) 5.40 01/21/2021 RE2 SCAN/COPY ( 18 @0.10 PER PG) 1.80 01/21/2021 RE2 SCAN/COPY ( 29 @0.10 PER PG) 2.90 01/22/2021 CC Conference Call [E105] AT&T Conference Call, DG 7.1901/29/2021 LN 73200.00001 Lexis Charges for 01-29-21 4.98 01/31/2021 LN 70041.00002 Lexis Charges for 01-31-21 9.21 01/31/2021 PAC Pacer - Court Research 67.00

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PFI Investor Committee Invoice127400 70041 -00002 January 31, 2021 $342.69 Total Expenses for this Matter

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PFI Investor Committee Invoice127400 70041 -00002 January 31, 2021 REMITTANCE ADVICE Please inlcude this Remittance with your payment For current services rendered through: 01/31/2021 Total Fees $277,247.50 Total Expenses 342.69 Less Courtesy Discount $56,215.15 Total Due on Current Invoice $221,375.04 Outstanding Balance from prior invoices as of 01/31/2021 (May not include recent payments)A/R Bill Number Invoice Date Fees Billed Expenses Billed Balance Due126178 09/30/2020 $189,749.25 $1,026.72 $190,775.97 126529 10/31/2020 $140,531.85 $140.34 $140,672.19 126784 11/30/2020 $219,081.15 $0.00 $219,081.15 126928 12/31/2020 $208,808.00 $388.27 $188,315.47 Total Amount Due on Current and Prior Invoices: $960,219.82

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150 California St. Floor 15th San Francisco, CA 94111 February 28, 2021 DIG Invoice 127416 Client 70041 Matter 00002 DG RE: Committee Representation _______________________________________________________________________________________STATEMENT OF PROFESSIONAL SERVICES RENDERED THROUGH 02/28/2021FEES $249,612.50 EXPENSES $108.80 LESS COURTESY DISCOUNT $49,279.25 TOTAL CURRENT CHARGES $200,442.05 BALANCE FORWARD $960,219.82 TOTAL BALANCE DUE $1,160,661.87

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PFI Investor Committee Invoice127416 70041 -00002 February 28, 2021 Summary of Services by Professional ID Name Title Rate Hours Amount CHM Mackle, Cia H. Counsel 750.00 47.60 $35,700.00 DG Grassgreen, Debra I. Partner 1295.00 37.00 $47,915.00 DGP Parker, Daryl G. Counsel 1095.00 4.60 $5,037.00 $74,613.00 JDF Fiero, John D. Partner 1045.00 71.40 $76,117.50 JJK Kim, Jonathan J. Counsel 995.00 76.50 $4,050.00 MBL Litvak, Maxim B. Partner 1125.00 3.60 PJJ Jeffries, Patricia J. Paralegal 460.00 6.50 $2,990.00 RMP Pachulski, Richard M. Partner 1595.00 2.00 $3,190.00 249.20 $249,612.50

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PFI Investor Committee Invoice127416 70041 -00002 February 28, 2021 Summary of Services by Task Code Task Code Description Hours Amount AA Asset Analysis/Recovery[B120] 1.30 $1,358.50 AD Asset Disposition [B130] 26.20 $30,128.50 BL Bankruptcy Litigation [L430] 17.20 $18,249.00 CA Case Administration [B110] 7.40 $7,157.50 CO Claims Admin/Objections[B310] 1.50 $1,213.50 CP Compensation Prof. [B160] 9.30 $5,380.00 FD First Day 1.10 $1,424.50 FN Financing [B230] 3.80 $4,259.00 FOR Forensic Analysis 2.60 $3,117.00 HE Hearing 1.40 $1,050.00 INVC Investor Communications 21.70 $21,062.50 MC Meeting of Creditors [B150] 24.10 $24,117.00 PD Plan & Disclosure Stmt. [B320] 131.10 $130,632.00 TI Tax Issues [B240] 0.50 $463.50 249.20 $249,612.50

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PFI Investor Committee Invoice127416 70041 -00002 February 28, 2021 Summary of Expenses Description Amount Conference Call [E105] $33.00 Lexis/Nexis- Legal Research [E $62.00 Pacer - Court Research $7.20 Reproduction Expense [E101] $0.40 Reproduction/ Scan Copy $6.20 $108.80

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PFI Investor Committee Invoice127416 70041 -00002 February 28, 2021 Hours Rate Amount Asset Analysis/Recovery[B120] 02/12/2021 JDF AA Review TIC owner issues and documents evidencing 1.30 1045.00 $1,358.50same 1.30 $1,358.50 Asset Disposition [B130] 02/01/2021 DG AD Call with Committees and FTI re: Asset 1.10 1295.00 $1,424.50Management Strategy under Plan 02/01/2021 DG AD Review and comment on business plan committee 0.30 1295.00 $388.50proposal and committee input re: same 02/01/2021 JDF AD TC with A. Hinkelman re likely exit strategies 0.30 1045.00 $313.5002/05/2021 JDF AD TC with TIC party regarding case status and TIC 0.60 1045.00 $627.00position 02/09/2021 DG AD Review plan issues summary from J. Kim and 1.70 1295.00 $2,201.50review draft plan re same (.5); all professional call on plan issues (1.7) 02/17/2021 DG AD Call with Rich Pachulski and Greg Gotthardt re: 1.00 1295.00 $1,295.00asset strategy 02/17/2021 DG AD Call with all committee professionals to review asset 1.20 1295.00 $1,554.00strategy analysis 02/17/2021 JDF AD Attend Zoom call with all professionals regarding 1.00 1045.00 $1,045.00asset disposition strategy 02/17/2021 JDF AD Attend Zoom call with R. Pachulski and FTI re asset 0.50 1045.00 $522.50disposition - "pre-call" 02/17/2021 JDF AD TIC call regarding proposed treatment under 0.70 1045.00 $731.50California law with FTI, Goldberg, Dumas and Itkin 02/18/2021 JDF AD TC with D. Parker re interpretation of recorded deed 0.30 1045.00 $313.50vs. signed TIC agreement 02/18/2021 DGP AD Confer with Mr. Fiero re issue of conflict between 0.20 1095.00 $219.00deed and tenant in common agreement re percentage interest in real property. 02/19/2021 JDF AD Confer with D. Parker re "recorded deed trumps" 0.20 1045.00 $209.00argument and necessary research. 02/19/2021 JDF AD Attend first portion of asset strategy alternatives call 0.50 1045.00 $522.50with FTI 02/19/2021 DGP AD Legal research re, and consideration of, conflict 2.40 1095.00 $2,628.00between recorded deed and agreement among tenants in common as to percentage interest in real property; telephone conference with Mr. Fiero re

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PFI Investor Committee Invoice127416 70041 -00002 February 28, 2021 Hours Rate Amount same. 02/20/2021 DGP AD Legal research re enforceability of recorded and 1.10 1095.00 $1,204.50unrecorded instruments between parties to same. 02/21/2021 DGP AD Prepare e-mail to Mr. Fiero summarizing legal 0.90 1095.00 $985.50research re enforceability among parties of recorded and unrecorded instruments and agreements. 02/22/2021 RMP AD Review and analyze presentation re real estate. 0.30 1595.00 $478.5002/23/2021 JDF AD Attend call regarding presentation to three 1.50 1045.00 $1,567.50committees on business plan options 02/24/2021 CHM AD Attend presentation of FTI re asset strategy. 2.90 750.00 $2,175.0002/24/2021 DG AD Call with all three committees (32 people) to discuss 2.90 1295.00 $3,755.50plan/asset strategy and review FTI analysis 02/24/2021 RMP AD Prepare for and participate in PFI presentation re 1.50 1595.00 $2,392.50real estate. 02/26/2021 DG AD Call with Committee Members re: feedback on 0.90 1295.00 $1,165.50Asset Strategy for Plan (partial participation b/c of hearing in the middle of meeting) 02/26/2021 JDF AD Prepare for real estate asset strategy questions 2.00 1045.00 $2,090.00meeting with the Committee, including review of FTI deck (.4); Attend real estate asset strategy committee meeting (1.6) 02/26/2021 RMP AD Review and respond to e-mails re real estate 0.20 1595.00 $319.00analysis. 26.20 $30,128.50 Bankruptcy Litigation [L430] 02/01/2021 JDF BL Work on declaratory relief complaint 2.20 1045.00 $2,299.0002/04/2021 JDF BL Work on form of complaint for declaratory relief 5.70 1045.00 $5,956.5002/05/2021 JDF BL Work on complaint for declaratory relief 5.60 1045.00 $5,852.0002/06/2021 DG BL Review complaint for declaratory relief re: Ponzi 1.10 1295.00 $1,424.50finding 02/19/2021 JDF BL Revise Ponzi finding complaint 0.40 1045.00 $418.0002/25/2021 JDF BL Work on revisions to complaint for declaratory relief 2.20 1045.00 $2,299.0017.20 $18,249.00 Case Administration [B110] 02/02/2021 CHM CA Review email from D. Grassgreen re hearing and 0.10 750.00 $75.00critical dates and reply.

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PFI Investor Committee Invoice127416 70041 -00002 February 28, 2021 Hours Rate Amount 02/02/2021 CHM CA Email P. Jeffries re critical dates. 0.10 750.00 $75.0002/02/2021 CHM CA Email H. Phan re hearing. 0.10 750.00 $75.0002/10/2021 CHM CA Review pleadings filed in PFI case and email 0.60 750.00 $450.00summaries thereof to D. Grassgreen. 02/10/2021 JDF CA Strategize with D. Grassgreen re case status 0.20 1045.00 $209.0002/10/2021 PJJ CA Update critical dates memo, calendar entries and 0.30 460.00 $138.00reminders. 02/16/2021 PJJ CA Update critical dates memo, calendar entries and 0.20 460.00 $92.00reminders. 02/22/2021 DG CA Weekly call with PFI, Ad Hoc Committee 1.10 1295.00 $1,424.50professionals and FTI team re: pending tasks and deadlines and strategy 02/22/2021 JDF CA Prepare for weekly "all professionals" call (.3); 2.00 1045.00 $2,090.00Attend all professionals call re weekly task list (1.5) 02/22/2021 PJJ CA Update critical dates memo, calendar entries and 0.30 460.00 $138.00reminders. 02/23/2021 PJJ CA Check court calendars for Zoom link. 0.20 460.00 $92.0002/25/2021 JDF CA Prepare addendum to common interest agreement 1.90 1045.00 $1,985.50for Committee advisors (1.7); Circulate to parties with commentary (.2) 02/26/2021 JDF CA Attention to service issues and multiple deliveries to 0.30 1045.00 $313.50single addresses by Donlin Recano 7.40 $7,157.50 Claims Admin/Objections[B310] 02/02/2021 CHM CO Review email from B. Marum re claim forms and 0.20 750.00 $150.00reply. 02/08/2021 CHM CO Telephone conference with B. Marum re claim 0.20 750.00 $150.00process. 02/09/2021 CHM CO Analyze and draft claims process memo and email 0.80 750.00 $600.00same to B. Marum and K. Frazier. 02/20/2021 JDF CO TC with D. Parker re TIC real estate law question 0.30 1045.00 $313.501.50 $1,213.50 Compensation Prof. [B160] 02/02/2021 CHM CP Review emails re indemnification issue; review 0.40 750.00 $300.00retention application and order and reply re same. 02/02/2021 CHM CP Draft summary of professional fees and 1.40 750.00 $1,050.00

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PFI Investor Committee Invoice127416 70041 -00002 February 28, 2021 Hours Rate Amount 02/23/2021 CHM CP Telephone conference with J. Fiero re UST 0.10 750.00 $75.00objections. 02/23/2021 CHM CP Review email from J. Fiero re UST objection and 0.10 750.00 $75.00reply. 02/25/2021 CHM CP Review and revise fee entries. 1.60 750.00 $1,200.0002/25/2021 PJJ CP Prepare list of UST objections to fee application. 5.00 460.00 $2,300.0002/26/2021 CHM CP Legal research re SEC objections. 0.20 750.00 $150.0002/26/2021 PJJ CP Continued work on SEC fee objection chart. 0.50 460.00 $230.009.30 $5,380.00 First Day 02/26/2021 DG FD Review files (.5) and attend Hearing on first day 1.10 1295.00 $1,424.50motions for new LLC's (.6) 1.10 $1,424.50 Financing [B230] 02/03/2021 JDF FN Review motion to incur debt 0.20 1045.00 $209.0002/09/2021 MBL FN Attention to Five Star loan documents. 0.30 1125.00 $337.5002/15/2021 MBL FN Continue review of loan documents, including Five 1.50 1125.00 $1,687.50Star; update summary chart. 02/21/2021 MBL FN Review additional loan documents; update summary 1.50 1125.00 $1,687.50chart. 02/21/2021 MBL FN Emails with debtor counsel and J. Fiero re missing 0.30 1125.00 $337.50loan documents and status. 3.80 $4,259.00 Forensic Analysis 02/01/2021 DG FOR Review sample statement of account for netting and 0.30 1295.00 $388.50emails from David Alfaro re: same 02/22/2021 DG FOR Call with forensic team from FTI , PFI counsel and 1.30 1295.00 $1,683.50Ad Hoc counsel re: status of netting analysis and scope going forward 02/22/2021 JDF FOR Attend all professionals conference call regarding 1.00 1045.00 $1,045.00FTI deliverables and budget Forensic Analysis 2.60 $3,117.00

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PFI Investor Committee Invoice127416 70041 -00002 February 28, 2021 Hours Rate Amount Hearing 02/02/2021 CHM HE Review email from D. Grassgreen re hearing and 0.10 750.00 $75.00reply. 02/03/2021 CHM HE Prepare for and attend hearing. 1.20 750.00 $900.0002/03/2021 CHM HE Email D. Grassgreen and J. Fiero re hearing 0.10 750.00 $75.00summary. 1.40 $1,050.00 Investor Communications 02/01/2021 CHM INVC Review email from D. Grassgreen re plan slides and 0.10 750.00 $75.00reply. 02/01/2021 CHM INVC Update timeline in slides. 0.20 750.00 $150.0002/01/2021 CHM INVC Emails with counsel re timeline and update 0.50 750.00 $375.00presentation. 02/01/2021 DG INVC Call with Michael Goldberg and committee 3.60 1295.00 $4,662.00professionals re: Monday meeting and plan discussion (.5); revise slides (.3); review questions and confer with Michael Goldberg (.6); attend weekly all investor meeting and present timeline (2.2) 02/02/2021 CHM INVC Draft call notes for circulation to investors. 1.40 750.00 $1,050.0002/02/2021 CHM INVC Review email from R. Hannah re investor notes, 0.30 750.00 $225.00review DRC website and reply. 02/02/2021 DG INVC Call with tax specialist re: investor presentation (.7); 0.80 1295.00 $1,036.00emails to investors re: same (.1) 02/04/2021 CHM INVC Attend all investor call re netting follow-up. 1.80 750.00 $1,350.0002/05/2021 CHM INVC Telephone conference with C. Hoshor re IRA issue. 0.10 750.00 $75.0002/05/2021 CHM INVC Draft minutes of investor call and prepare Q&A 1.60 750.00 $1,200.00summary re same. 02/05/2021 CHM INVC Email A. Hinkleman re investor IRA issue. 0.10 750.00 $75.0002/05/2021 CHM INVC Telephone conferences with C. Holscher re IRA 0.20 750.00 $150.00custodian issues. 02/06/2021 JDF INVC Comment upon week-end investor communications 0.20 1045.00 $209.0002/09/2021 JDF INVC Conference call with J. Rubenzahl and W. Levine 0.90 1045.00 $940.50(.5); Follow up call with J. Rubenzahl (.4) 02/11/2021 JDF INVC Attend Zoom meeting regarding on investor tax 2.20 1045.00 $2,299.00issues and Ponzi protections in Internal Revenue Code

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PFI Investor Committee Invoice127416 70041 -00002 February 28, 2021 Hours Rate Amount 02/11/2021 JDF INVC TC with concerned creditor re asset strategy (.5); TC 0.80 1045.00 $836.00with Committee member re asset strategy (.3) 02/12/2021 JDF INVC Review and revise investors' weekend email blast 0.30 1045.00 $313.5002/15/2021 CHM INVC Attend all investor call. 2.10 750.00 $1,575.0002/15/2021 JDF INVC Pre-meeting prep call with Michael Goldberg (.7); 2.70 1045.00 $2,821.50Attend investor meeting (2.0) 02/18/2021 CHM INVC Finalize investor call notes and email same to R. 0.80 750.00 $600.00Hannah. 02/19/2021 JDF INVC Offer revisions to weekly announcement to creditors 0.20 1045.00 $209.0002/27/2021 JDF INVC Revise investors' weekend email blast 0.80 1045.00 $836.0021.70 $21,062.50 Meeting of Creditors [B150] 02/01/2021 JDF MC Attend FTI meeting with all committee members 2.60 1045.00 $2,717.00(1.0); Attend "all investor meeting 02/02/2021 CHM MC Review email from J. Fiero re Committee call 0.10 750.00 $75.00discussion and reply. 02/03/2021 CHM MC Attend weekly Committee call re plan progress and 1.50 750.00 $1,125.00updates and other Committee matters. 02/03/2021 DG MC Weekly committee meeting 1.50 1295.00 $1,942.5002/03/2021 JDF MC Attend bi-weekly Liaison Committee meeting (1.4); 1.90 1045.00 $1,985.50Communicate with Committee member re outcome of Monday night meeting (.2); Consider issues and prepare agenda (.3) 02/04/2021 DG MC Call with Liza re: Business Plan Committee 0.40 1295.00 $518.0002/10/2021 CHM MC Attend committee call. 1.50 750.00 $1,125.0002/10/2021 JDF MC Prepare for and participate in creditors' committee 1.80 1045.00 $1,881.00meeting 02/16/2021 JDF MC Conference call with Liaison Committee re FTI 1.50 1045.00 $1,567.50items 02/17/2021 CHM MC Attend weekly committee call. 1.80 750.00 $1,350.0002/17/2021 DG MC Weekly Committee Meeting 1.50 1295.00 $1,942.5002/17/2021 JDF MC Prepare for committee meeting (.5); Attend 2.00 1045.00 $2,090.00committee meeting (1.5). 02/18/2021 JDF MC Prepare for meeting with DOT Committee re trust 1.00 1045.00 $1,045.00agreement (.3); Attend meeting with DOTs and present the draft trust agreement (.7) 02/23/2021 JDF MC Prepare agenda for tomorrow's Official Committee 0.20 1045.00 $209.00

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PFI Investor Committee Invoice127416 70041 -00002 February 28, 2021 Hours Rate Amount call 02/24/2021 CHM MC Attend committee call re case status 1.60 750.00 $1,200.0002/24/2021 JDF MC Attend Liaison Committee meeting regarding FTI 1.50 1045.00 $1,567.50budget and approach to netting measurement and claims allowance (1.3); Emails with Committee chair re approach to afternoon meeting (.2) 02/24/2021 JDF MC Prepare for UCC meeting (.2); Lead committee 1.70 1045.00 $1,776.50meeting (1.5) 24.10 $24,117.00 Plan & Disclosure Stmt. [B320] 02/01/2021 CHM PD Review plan and begin preparation of plan task list 1.60 750.00 $1,200.00and coordinate with B. Marum. 02/01/2021 CHM PD Email D. Grassgreen re 2 remaining LLC entities. 0.10 750.00 $75.0002/01/2021 CHM PD All counsel meeting re plan. 1.30 750.00 $975.0002/03/2021 DG PD Call with Keith, Rama and Carole and M. Goldberg 1.00 1295.00 $1,295.00re: weekly meeting Agenda and B. Plan committee issues 02/03/2021 JDF PD Revise form trust agreement 3.90 1045.00 $4,075.5002/03/2021 JJK PD Review trust agreement issues and prepare trust 2.90 995.00 $2,885.50agreement draft. 02/04/2021 JJK PD Emails Grassgreen, et al., re: trust agreement; 2.50 995.00 $2,487.50analyze trust issues and prepare trust agreement draft. 02/04/2021 JJK PD Emails Grassgreen re: DS and related matters and 0.20 995.00 $199.00consider same. 02/05/2021 DG PD Initial review of plan markup and questions 0.50 1295.00 $647.50identified from Sklar team 02/05/2021 JDF PD Work on revisions to post-confirmation trust 1.40 1045.00 $1,463.00agreement 02/05/2021 JDF PD Emails with committee member re current state of 0.30 1045.00 $313.50play and plan issues 02/05/2021 JJK PD Review draft plan revisions and consider same, and 2.90 995.00 $2,885.50revise/update disclosure statement draft. 02/06/2021 DG PD Review Plan Trust Agreement 0.80 1295.00 $1,036.0002/07/2021 CHM PD Draft plain English plan summary for investors. 3.30 750.00 $2,475.0002/08/2021 CHM PD All counsel call re plan issues. 1.80 750.00 $1,350.0002/08/2021 CHM PD Review and update plan task list. 0.50 750.00 $375.00

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PFI Investor Committee Invoice127416 70041 -00002 February 28, 2021 Hours Rate Amount 02/08/2021 DG PD All professionals weekly call - plan next steps 1.70 1295.00 $2,201.5002/08/2021 DG PD Call with John Fiero to prepare for weekly 0.40 1295.00 $518.00professionals call and discuss plan next steps 02/08/2021 JDF PD Pre-call to weekly call re plan with D. Grassgreen 0.30 1045.00 $313.5002/08/2021 JDF PD Attend weekly Monday all counsel and FTI call re 1.80 1045.00 $1,881.00plan. 02/08/2021 JJK PD Emails Grassgreen on plan/DS matters and review 1.50 995.00 $1,492.50plan and update DS. 02/09/2021 CHM PD Attend counsel call re plan issues. 1.70 750.00 $1,275.0002/09/2021 CHM PD Continue drafting plain English plan summary. 2.80 750.00 $2,100.0002/09/2021 CHM PD Review email from K. Frazier re claims process and 1.10 750.00 $825.00provisions in plan re same, review plan, and reply. 02/09/2021 CHM PD Review email from K. Frazier re plan supplement 0.10 750.00 $75.00and reply. 02/09/2021 JDF PD Attend weekly Monday all counsel and FTI call re 2.10 1045.00 $2,194.50plan. 02/09/2021 JJK PD Conf. call with Fiero, Committees' counsel, Debtors' 1.70 995.00 $1,691.50counsel on plan/DS matters. 02/09/2021 JJK PD Review plan/DS matters, and revise plan and DS; 4.20 995.00 $4,179.00review confirmation issues. 02/10/2021 CHM PD Review email from K. Frazier re revisions to plan 0.20 750.00 $150.00provisions and reply. 02/10/2021 JJK PD Emails internal team, Committees' counsel, Debtors' 1.10 995.00 $1,094.50counsel on plan matters and related review of comments/issues raised. 02/10/2021 JJK PD Analyze/research plan issues; review plan and DS 4.70 995.00 $4,676.50and further revisions. 02/11/2021 JJK PD Review/revise plan and DS and related 4.10 995.00 $4,079.50research/review. 02/11/2021 JJK PD Plan analysis and review of conf. issues; revise plan 4.20 995.00 $4,179.00and DS. 02/14/2021 CHM PD Finalize plain English plan summary and email same 0.40 750.00 $300.00to D. Grassgreen and J. Fiero. 02/14/2021 JDF PD Revise plan summary 1.10 1045.00 $1,149.5002/15/2021 CHM PD All counsel call re plan and case status. 0.70 750.00 $525.0002/15/2021 JJK PD Emails Debtors' counsel on plan comments/issues; 5.60 995.00 $5,572.00review numerous issues/comments to plan and DS; and revise plan and DS based on same.

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PFI Investor Committee Invoice127416 70041 -00002 February 28, 2021 Hours Rate Amount 02/16/2021 CHM PD Update task list re PD documents and attend counsel 1.30 750.00 $975.00call re plan status. 02/16/2021 CHM PD Draft email to D. Fiero and J. Kim re subordinated 0.20 750.00 $150.00claim definition. 02/16/2021 CHM PD Update plain english summary of plan and 1.40 750.00 $1,050.00disclosure statement and review Q&A in woodbridge case to incorporate. 02/16/2021 CHM PD Review email from J. Fiero re subordinated claim 0.10 750.00 $75.00and reply. 02/16/2021 DG PD Call with counsel for ad hoc committees, counsel for 1.10 1295.00 $1,424.50Debtor, FTI team and Michael Goldberg re: Plan revisions and changes 02/16/2021 JDF PD Conference call with all committee professionals 1.70 1045.00 $1,776.50regarding plan "to do" list and pending issues re plan (1.0); Conference call with TIC working group re proposed plan treatment and approach (.7) 02/16/2021 JJK PD Emails Fiero, et al. on plan issues. 0.20 995.00 $199.0002/16/2021 JJK PD Conf. Debtors' counsel, Committees' counsel on 1.30 995.00 $1,293.50plan / DS issues. 02/16/2021 JJK PD Review comments/issues and revise plan and DS, 4.70 995.00 $4,676.50and related analysis. 02/17/2021 JJK PD Research/analysis plan and conf. matters, and revise 4.40 995.00 $4,378.00plan/DS. 02/18/2021 JJK PD Analyze plan/confirmation and DS matters. 3.30 995.00 $3,283.5002/18/2021 JJK PD Analyze plan, confirmation, trust, distribution issues. 3.50 995.00 $3,482.5002/19/2021 CHM PD Update plan summary and email same to R. Itkin 1.00 750.00 $750.00and C. Dumas. 02/19/2021 DG PD Call with FTI Team, counsel for ad hoc committees 0.90 1295.00 $1,165.50re: review of presentation regarding overall asset strategy for plan of reorganization 02/19/2021 JJK PD Review/analyze plan and confirmation matters. 3.90 995.00 $3,880.5002/21/2021 DG PD Review and provide detailed comments on Plan 4.40 1295.00 $5,698.00(2.1); review and provide detailed comments on disclosure statement (2.3) 02/22/2021 CHM PD Attend all counsel call re plan status and 1.10 750.00 $825.00developments. 02/22/2021 CHM PD Begin preparation of solicitation motion. 0.80 750.00 $600.0002/22/2021 DG PD Review and comment on memo re: TIC controlling 0.40 1295.00 $518.00agreements for Plan treatment

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PFI Investor Committee Invoice127416 70041 -00002 February 28, 2021 Hours Rate Amount 02/22/2021 DG PD Confer with J. Kim by email (.2); and provide 0.90 1295.00 $1,165.50further edits to plan and disclosure statement (.7) 02/22/2021 JJK PD Plan/DS revisions and emails Grassgreen and 3.80 995.00 $3,781.00Debtors' counsel on same. 02/23/2021 DG PD Call with Ad Hoc Committee Counsel, FTI team, 1.30 1295.00 $1,683.50Sheppard Mullins team to discuss plan comments and next steps on asset strategy for plan 02/23/2021 JDF PD Read through plan and disclosure statement 1.90 1045.00 $1,985.50comments from J. Kim and DOTs 02/23/2021 JJK PD Emails internal team and Committees' counsel and 0.50 995.00 $497.50Debtors' counsel on plan matters and consider. 02/23/2021 JJK PD Conf. Debtors' counsel, Committees' counsel on plan 0.80 995.00 $796.00issues. 02/23/2021 JJK PD Plan/DS revisions and emails internal team and 2.70 995.00 $2,686.50Committees' and Debtors' counsel on plan matters. 02/24/2021 JDF PD Attend PFI presentation regarding plan options 2.80 1045.00 $2,926.0002/24/2021 JJK PD Review PFI plan related docs; revise disclosure 1.00 995.00 $995.00statement; and prepare exhibit templates. 02/25/2021 DG PD Weekly call with co-chairs and M. Goldberg re: plan 1.20 1295.00 $1,554.00status and investor communications on same 02/25/2021 DG PD Email with J. Kim re: plan summary of tax 0.60 1295.00 $777.00provisions (.1); review summary (.3); emails to and from O. Katz and A. Hinkelman re: same (.2) 02/25/2021 JDF PD TC with A. Hinkelman re plan issues and tax 0.60 1045.00 $627.00implications (.4); TC with D. Grassgreen re plan issues and taxes (.2) 02/25/2021 JJK PD Emails Grassgreen, Hinkelman on plan related 0.50 995.00 $497.50matters. 02/25/2021 JJK PD Review solicit. procedures / order issues. 0.70 995.00 $696.5002/25/2021 JJK PD Emails Grassgreen, Committees' counsel on plan 0.20 995.00 $199.00issues. 02/25/2021 JJK PD Analyze/research plan/confirmation matters. 4.00 995.00 $3,980.0002/26/2021 JJK PD Emails Dumas, Sheppard Mullin, et al. on plan/DS 0.50 995.00 $497.50matters and consider same. 02/26/2021 JJK PD Prepare DS and plan exhibit drafts; review plan and 4.90 995.00 $4,875.50conf. issues; revise plan on various issues; review plan summary. 131.10 $130,632.00

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PFI Investor Committee Invoice127416 70041 -00002 February 28, 2021 Hours Rate Amount Tax Issues [B240] 02/05/2021 CHM TI Review email from B. Marum re tax documents and 0.20 750.00 $150.00reply. 02/17/2021 JDF TI Work on tax communication issues with next steps 0.30 1045.00 $313.50team 0.50 $463.50 TOTAL SERVICES FOR THIS MATTER: $249,612.50

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PFI Investor Committee Invoice127416 70041 -00002 February 28, 2021 Expenses 02/03/2021 CC Conference Call [E105] CourtCall Debit Ldger for 33.0002/01/2021 through 02/28/2021, CHM 02/09/2021 LN 70041.00002 Lexis Charges for 02-09-21 20.95 02/12/2021 LN 70041.00002 Lexis Charges for 02-12-21 10.36 02/13/2021 RE2 SCAN/COPY ( 28 @0.10 PER PG) 2.80 02/14/2021 RE2 SCAN/COPY ( 34 @0.10 PER PG) 3.40 02/20/2021 RE ( 2 @0.20 PER PG) 0.40 02/26/2021 LN 70041.00002 Lexis Charges for 02-26-21 20.74 02/27/2021 LN 70041.00002 Lexis Charges for 02-27-21 9.95 02/28/2021 PAC Pacer - Court Research 7.20 $108.80 Total Expenses for this Matter

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PFI Investor Committee Invoice127416 70041 -00002 February 28, 2021 REMITTANCE ADVICE Please inlcude this Remittance with your payment For current services rendered through: 02/28/2021 Total Fees $249,612.50 Total Expenses 108.80 Less Courtesy Discount $49,279.25 Total Due on Current Invoice $200,442.05 Outstanding Balance from prior invoices as of 02/28/2021 (May not include recent payments)A/R Bill Number Invoice Date Fees Billed Expenses Billed Balance Due126178 09/30/2020 $189,749.25 $1,026.72 $190,775.97 126529 10/31/2020 $140,531.85 $140.34 $140,672.19 126784 11/30/2020 $219,081.15 $0.00 $219,081.15 126928 12/31/2020 $208,808.00 $388.27 $188,315.47 127400 01/31/2021 $221,032.35 $342.69 $221,375.04 Total Amount Due on Current and Prior Invoices: $1,160,661.87

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150 California St. Floor 15th San Francisco, CA 94111 March 31, 2021 DIG Invoice 127842 Client 70041 Matter 00002 DG RE: Committee Representation _______________________________________________________________________________________STATEMENT OF PROFESSIONAL SERVICES RENDERED THROUGH 03/31/2021FEES $304,649.50 EXPENSES $179.34 LESS COURTESY DISCOUNT $61,710.25 TOTAL CURRENT CHARGES $243,118.59 BALANCE FORWARD $1,160,661.87 TOTAL BALANCE DUE $1,403,780.46

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PFI Investor Committee Invoice127842 70041 -00002 March 31, 2021 Summary of Services by Professional ID Name Title Rate Hours Amount CHM Mackle, Cia H. Counsel 750.00 120.40 $90,300.00 DG Grassgreen, Debra I. Partner 1295.00 63.70 $82,491.50 $25,289.00 JDF Fiero, John D. Partner 1045.00 24.20 $99,201.50 JJK Kim, Jonathan J. Counsel 995.00 99.70 $828.00 PJJ Jeffries, Patricia J. Paralegal 460.00 1.80 RMP Pachulski, Richard M. Partner 1595.00 4.10 $6,539.50 313.90 $304,649.50

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PFI Investor Committee Invoice127842 70041 -00002 March 31, 2021 Summary of Services by Task Code Task Code Description Hours Amount AD Asset Disposition [B130] 11.00 $14,112.50 BL Bankruptcy Litigation [L430] 2.20 $2,299.00 CA Case Administration [B110] 12.50 $11,778.50 CO Claims Admin/Objections[B310] 2.80 $3,058.00 CP Compensation Prof. [B160] 6.50 $5,148.50 FOR Forensic Analysis 0.80 $1,036.00 HE Hearing 1.40 $1,463.00 INVC Investor Communications 15.50 $15,122.00 MC Meeting of Creditors [B150] 22.70 $23,375.50 OP Operations [B210] 1.00 $1,295.00 PD Plan & Disclosure Stmt. [B320] 233.80 $221,170.00 TI Tax Issues [B240] 3.70 $4,791.50 313.90 $304,649.50

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PFI Investor Committee Invoice127842 70041 -00002 March 31, 2021 Summary of Expenses Description Amount Conference Call [E105] $4.75 Lexis/Nexis- Legal Research [E $158.04 Postage [E108] $8.55 Reproduction/ Scan Copy $8.00 $179.34

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PFI Investor Committee Invoice127842 70041 -00002 March 31, 2021 Hours Rate Amount Asset Disposition [B130] 02/17/2021 RMP AD Prepare for and participate on background call with 2.60 1595.00 $4,147.00Gotthardt re asset issues and then with team re alternatives and then follow-up with D. Grassgreen. 02/19/2021 RMP AD Prepare for and participate on professional call re 1.20 1595.00 $1,914.00asset issues and follow--up with D. Grassgreen re same. 02/19/2021 RMP AD Review e-mails and telephone conference with D. 0.30 1595.00 $478.50Grassgreen re investor issues. 03/11/2021 DG AD Review update from Barrett Marum (3 emails) and 0.10 1295.00 $129.50respond thereto 03/11/2021 DG AD Review summary from A. Hinkelman re: asset 0.40 1295.00 $518.00strategy and answers to investors questions 03/20/2021 CHM AD Summarize contributed claims issue and email 0.30 750.00 $225.00professionals re same. 03/23/2021 DG AD Review emails from Barbara Denenport re: asset 0.20 1295.00 $259.00strategy and emails to and from FTI re: same 03/23/2021 DG AD Review and respond to multiple emails from R. Itkin 1.10 1295.00 $1,424.50re: real estate and tax call questions and prep (.3); review and respond to emails from C. Dumas re: same (.2); analyze issues and prepare notes (.6) 03/24/2021 CHM AD All committee call re tax and real estate. 2.00 750.00 $1,500.0003/24/2021 DG AD Pre-call with FTI team re: asset strategy meeting 2.60 1295.00 $3,367.00with all committees (.5); all committee meeting re: real estate and tax issues (2.1) 03/30/2021 CHM AD Email G. Gotthardt re LLC 49. 0.10 750.00 $75.0003/30/2021 CHM AD Review email of L. Goldblatt re approval rights of 0.10 750.00 $75.00real estate and reply. 11.00 $14,112.50 Bankruptcy Litigation [L430] 03/02/2021 JDF BL Revise complaint for declaratory relief 2.20 1045.00 $2,299.002.20 $2,299.00 Case Administration [B110] 03/01/2021 CHM CA Weekly all professionals call re coordination and 1.00 750.00 $750.00plan issues. 03/01/2021 CHM CA Emails with J. Fiero and D. Grassgreen re 0.10 750.00 $75.00professional call.

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PFI Investor Committee Invoice127842 70041 -00002 March 31, 2021 Hours Rate Amount 03/01/2021 CHM CA Review email from R. Itkin re real estate 0.10 750.00 $75.00subcommittee and reply. 03/01/2021 DG CA Weekly meeting and coordination call with all 1.00 1295.00 $1,295.00committee and debtor professionals to review open issues and tasks 03/01/2021 JDF CA Attend all committee counsel and debtor's 1.30 1045.00 $1,358.50professionals call (1.0); Confer with A. Hinkelman re alternatives to current strategy (.3) 03/01/2021 PJJ CA Update critical dates memo, calendar entries and 0.20 460.00 $92.00reminders. 03/04/2021 JDF CA TC with K. Merron re 507 matter (.3); TC with J. 1.40 1045.00 $1,463.00Rubenzahl re 507 (.3); Two TCs with L. Goldblatt re 507 (.4); Follow email string regarding 507 (.2); Respond Committee re 507 (.2) 03/08/2021 CHM CA Weekly coordination call with Committee counsel re 1.40 750.00 $1,050.00plan and other case issues. 03/08/2021 DG CA Weekly call with all professionals re: coordination 1.40 1295.00 $1,813.0003/10/2021 PJJ CA Update critical dates memo, calendar entries and 0.20 460.00 $92.00reminders. 03/16/2021 PJJ CA Update critical dates memo, calendar entries and 0.10 460.00 $46.00reminders. 03/22/2021 DG CA Weekly ALL Professional Call re: open case matters 1.40 1295.00 $1,813.0003/24/2021 PJJ CA Update critical dates memo, calendar entries and 1.00 460.00 $460.00reminders. 03/28/2021 CHM CA Email professionals re weekly call. 0.10 750.00 $75.0003/29/2021 CHM CA PFI coordination call with all counsel. 1.20 750.00 $900.0003/29/2021 CHM CA Draft task list based on call and circulate. 0.30 750.00 $225.0003/29/2021 CHM CA Review email from claims trader and reply. 0.10 750.00 $75.0003/29/2021 CHM CA Email D. Grassgreen re PFI updates. 0.10 750.00 $75.0003/29/2021 PJJ CA Update critical dates memo, calendar entries and 0.10 460.00 $46.00reminders. 12.50 $11,778.50 Claims Admin/Objections[B310] 03/02/2021 JDF CO Attend Zoom call regarding forensic Ponzi report 0.90 1045.00 $940.50with FTI and Goldberg 03/03/2021 JDF CO TC with FTI and Michael Goldberg re "units of 0.50 1045.00 $522.50account" and how to measure them

80

PFI Investor Committee Invoice127842 70041 -00002 March 31, 2021 Hours Rate Amount 03/09/2021 CHM CO Review and respond to claimant request re proof of 0.10 750.00 $75.00claim form. 03/09/2021 CHM CO Review email from investor and respond. 0.10 750.00 $75.0003/15/2021 CHM CO Telephone conference with creditor attorney re proof 0.10 750.00 $75.00of claim process. 03/16/2021 CHM CO Telephone conference with B. Marum re claims bar 0.10 750.00 $75.00date. 03/22/2021 DG CO Call with Cia Mackle and team re: claim form issues 1.00 1295.00 $1,295.002.80 $3,058.00 Compensation Prof. [B160] 03/01/2021 CHM CP Review SEC fee objections, update entries and draft 2.40 750.00 $1,800.00responses to categories. 03/01/2021 CHM CP Review email from D. Grassgreen and J. Fiero re 0.10 750.00 $75.00write offs and reply. 03/02/2021 CHM CP Emails with D. Grassgreen, V. Arias and J. Fiero re 0.10 750.00 $75.00PSZJ invoices. 03/03/2021 JDF CP Zoom call with team re plan issues (.3); Follow up 0.20 1045.00 $209.00TC with D. Grassgreen re impairment issue 03/09/2021 CHM CP Review Armanino employment application and 0.20 750.00 $150.00email D. Grassgreen re same. 03/16/2021 DG CP Call with Ori Katz, M. Goldberg and M. Hogan re: 0.50 1295.00 $647.50Armanino fees 03/17/2021 CHM CP Email D. Grassgreen re PSZJ invoice. 0.10 750.00 $75.0003/17/2021 CHM CP Review PSZJ February invoice. 1.00 750.00 $750.0003/17/2021 CHM CP Emails with accounting re PSZJ discount and 0.60 750.00 $450.00finalize bills. 03/18/2021 CHM CP Multiple emails with D. Grassgreen and L. 0.40 750.00 $300.00Gardiazabal re PFI discount and PSZJ invoice. 03/22/2021 CHM CP Email D. Grassgreen re professional budget and 0.20 750.00 $150.00comparision of PSZJ fees. 03/30/2021 CHM CP Draft PSZJ fee order and coordinate filing with H. 0.50 750.00 $375.00Phan. 03/31/2021 PJJ CP E-mail from and to C. Mackle re interim fee order. 0.20 460.00 $92.006.50 $5,148.50 Forensic Analysis 03/01/2021 DG FOR Review Alfaro Declaration re: forensic accounting 0.70 1295.00 $906.50

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PFI Investor Committee Invoice127842 70041 -00002 March 31, 2021 Hours Rate Amount 03/04/2021 DG FOR Review and respond to questions from Alfaro on 0.10 1295.00 $129.50netting issues that are arising 0.80 $1,036.00 Hearing 03/04/2021 JDF HE Prepare for hearing on miscellaneous motions (.4); 1.40 1045.00 $1,463.00Attend hearing (1.0) 1.40 $1,463.00 Investor Communications 03/02/2021 JDF INVC TC with creditor re case status and issues relating to 0.40 1045.00 $418.00reorganization 03/04/2021 DG INVC Meeting with Committee chairs and M. Goldberg re: 0.80 1295.00 $1,036.00Investor Meeting topics and agenda 03/05/2021 CHM INVC Review proposed investor email and send comments 0.20 750.00 $150.00re same to S. Pardi. 03/08/2021 CHM INVC Attend all investor call and take minutes of same. 2.10 750.00 $1,575.0003/08/2021 DG INVC Participate in all investor update call 2.30 1295.00 $2,978.5003/08/2021 DG INVC Revise Plan slides for Investor meeting (2x)(1.2); 1.50 1295.00 $1,942.50emails with Rama, Keith and Robbin Itkin re: same (.3) 03/13/2021 CHM INVC Draft minutes of all investor meeting and email 1.80 750.00 $1,350.00same to R. Hannah for distribution. 03/13/2021 CHM INVC Review all investor email per S. Pardi request and 0.10 750.00 $75.00reply. 03/19/2021 CHM INVC Review email to investor community and provide 0.20 750.00 $150.00comments thereto. 03/21/2021 DG INVC Review email from investor and attached analysis of 0.30 1295.00 $388.50third party claims 03/22/2021 DG INVC Call with Committee Chairs and M. Goldberg re: 1.30 1295.00 $1,683.50investor communications 03/26/2021 CHM INVC Review investor email and provide comments. 0.10 750.00 $75.0003/29/2021 CHM INVC Attend all investor call and take minutes of same. 1.90 750.00 $1,425.0003/29/2021 CHM INVC Telephone conference with M. Goldberg re investor 0.30 750.00 $225.00questions. 03/29/2021 CHM INVC Emails with B. Marum and Donlin Recano team re 0.20 750.00 $150.00paper service. 03/30/2021 CHM INVC Draft call minutes re 3/29 all investor meeting and 2.00 750.00 $1,500.00

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PFI Investor Committee Invoice127842 70041 -00002 March 31, 2021 Hours Rate Amount email same to R. Hannah for circulation. 15.50 $15,122.00 Meeting of Creditors [B150] 03/02/2021 JDF MC Prepare agenda for tomorrow's meeting 0.30 1045.00 $313.5003/03/2021 CHM MC Attend weekly committee meeting re case updates 1.70 750.00 $1,275.00and matters of importance to Committee. 03/03/2021 DG MC Weekly Committee Meeting 1.70 1295.00 $2,201.5003/03/2021 JDF MC Prepare for Committee meeting (.4); Attend 2.40 1045.00 $2,508.00committee meeting (2.0) 03/03/2021 JDF MC Attend meeting of all three committees and counsel 2.20 1045.00 $2,299.00to discuss PFI Asset Strategy 03/10/2021 CHM MC Attend committee meeting re plan status (partial). 1.50 750.00 $1,125.0003/10/2021 DG MC Weekly meeting with Committee 2.40 1295.00 $3,108.0003/17/2021 CHM MC Committee meeting re plan issues. 1.50 750.00 $1,125.0003/17/2021 DG MC Committee Meeting re: Plan issues 1.50 1295.00 $1,942.5003/24/2021 CHM MC Weekly committee call reviewing solicitation 2.50 750.00 $1,875.00package. 03/24/2021 DG MC Weekly Committee Meeting 1.70 1295.00 $2,201.5003/30/2021 CHM MC Draft agenda for Committee call; email J. Fiero and 0.10 750.00 $75.00D. Grassgreen re same. 03/30/2021 DG MC Confer with C. Mackle on Agenda for meeting (.2) 0.20 1295.00 $259.0003/31/2021 CHM MC Weekly committee call. 1.50 750.00 $1,125.0003/31/2021 DG MC Weekly committee meeting 1.50 1295.00 $1,942.5022.70 $23,375.50 Operations [B210] 03/30/2021 DG OP Call with LC committee and FTI re: operational 1.00 1295.00 $1,295.00update 1.00 $1,295.00 Plan & Disclosure Stmt. [B320] 03/01/2021 CHM PD Email M. Goldberg and J. Kim re TIC language in 0.10 750.00 $75.00plan. 03/01/2021 CHM PD Review TIC proposal language and email same to J. 0.10 750.00 $75.00Kim.

83

PFI Investor Committee Invoice127842 70041 -00002 March 31, 2021 Hours Rate Amount 03/01/2021 CHM PD Email D. Grassgreen re plan summary. 0.10 750.00 $75.0003/01/2021 CHM PD Review LLC Committee comments to Plan 0.80 750.00 $600.00Summary and update same in light of LLC comments and updates to Plan. 03/01/2021 CHM PD Telephone conference with K. Frazier re plan 0.20 750.00 $150.00summary and fee objections. 03/01/2021 CHM PD Begin drafting solicitation procedures motion. 1.00 750.00 $750.0003/01/2021 JDF PD Attend Zoom call 1.30 1045.00 $1,358.50 03/01/2021 JDF PD Review plan and disclosure statement 2.40 1045.00 $2,508.0003/01/2021 JJK PD Emails Grassgreen, Mackle on plan/DS matters, and 4.10 995.00 $4,079.50further revisions to plan, disclosure statement, exhibits. 03/01/2021 JJK PD Emails Grassgreen, Mackle on plan/DS matters, and 3.50 995.00 $3,482.50revisions to plan, disclosure statement, exhibits. 03/02/2021 CHM PD Draft solicitation procedures and bar date motion 4.50 750.00 $3,375.00together with exhibits thereto. 03/02/2021 JDF PD Work on revisions and comments to Plan 3.90 1045.00 $4,075.5003/02/2021 JJK PD Emails Grassgreen, Fiero on plan/DS issues; review 5.20 995.00 $5,174.00Fiero's comments and additional research re: plan issues. 03/02/2021 JJK PD Emails B. Magnum re: revised plan/DS, and emails 0.40 995.00 $398.00Fiero on plan matters. 03/02/2021 JJK PD Review draft complaint re: Ponzi findings and 1.00 995.00 $995.00consider issues; review solict. proc. order and consider issues. 03/02/2021 JJK PD Research plan matters; further revisions to plan, DS, 2.50 995.00 $2,487.50exhibits. 03/03/2021 CHM PD Meeting of all committee members and 2.10 750.00 $1,575.00professionals re plan issues. 03/03/2021 CHM PD Telephone conference with D. Grassgreen and J. 0.70 750.00 $525.00Fiero re plan issues. 03/03/2021 DG PD Call with Isaac Pachulski re: Plan impairment issues 0.30 1295.00 $388.50on first liens 03/03/2021 DG PD Meeting with members of all three committees 2.10 1295.00 $2,719.50(UCC and Ad Hoc) and all case professionals re: plan issues 03/03/2021 DG PD Call with Ori Katz and A. Hinkelman re: plan issues 0.40 1295.00 $518.00and structure of recovery and tax analysis for Disclosure Statement

84

PFI Investor Committee Invoice127842 70041 -00002 March 31, 2021 Hours Rate Amount 03/03/2021 DG PD Confer with Hinkelman, Alfaro and Goldberg re: 0.20 1295.00 $259.00claims pool for recovery analysis in Plan 03/03/2021 DG PD Call with C. Mackle and J. Fiero re: plan issues (.7); 0.80 1295.00 $1,036.00review and respond to research from J. Kim re impairment and share I. Pachulski analysis (.1) 03/03/2021 JDF PD Zoom call with team re plan issues (.3); Follow up 0.50 1045.00 $522.50TC with D. Grassgreen re impairment issue 03/03/2021 JJK PD Additional research re: plan issues (implicated by 4.90 995.00 $4,875.50Fiero, Grassgreen emails). 03/03/2021 JJK PD Review Schedules/SOFAs and consider issues. 1.00 995.00 $995.0003/03/2021 JJK PD Analyze/consider balloting, order, allowance, other 0.80 995.00 $796.00plan issus. 03/03/2021 JJK PD Additional research on plan/confirmation matters. 3.10 995.00 $3,084.5003/04/2021 CHM PD Working call with counsel for each committee, 2.00 750.00 $1,500.00debtor and FTI re: working through plan issues. 03/04/2021 CHM PD Update and email plan schedule to estate 0.10 750.00 $75.00professionals. 03/04/2021 CHM PD Review email from claims traders and email D. 0.10 750.00 $75.00Grassgreen and J. Fiero re same. 03/04/2021 DG PD Working call with counsel for each committee, 2.00 1295.00 $2,590.00debtor and FTI re: working through plan issues 03/04/2021 JDF PD All professionals conference call regarding plan 2.90 1045.00 $3,030.50strategy and key issues (2.1); Work on plan add-in language re liquidation analysis (.8) 03/04/2021 JJK PD Emails Mackle on timing, procedures, etc. (0.2); 3.60 995.00 $3,582.00conf. call with Debtors and Ad Hoc Committees counsel on plan/DS matters (2.1); emails same on disclosure matters (0.2); emails Grassgreen on plan issues (0.1); revise plan/DS (1.0). 03/04/2021 JJK PD Additional research on plan/confirmation matters. 6.10 995.00 $6,069.5003/05/2021 JJK PD Research re plan and confirmation issues. 4.30 995.00 $4,278.5003/05/2021 JJK PD Update disclosure statement and other plan/DS 1.20 995.00 $1,194.00revisions. 03/06/2021 CHM PD Updates to plan documents including Plan Summary 1.60 750.00 $1,200.00and solicitation procedures motion . 03/07/2021 CHM PD Update plan documents including plan summary and 3.10 750.00 $2,325.00solicitation procedures exhibits. 03/07/2021 CHM PD Draft plan summary presentation slides. 0.40 750.00 $300.0003/07/2021 DG PD Review revised liquidation analysis 0.50 1295.00 $647.50

85

PFI Investor Committee Invoice127842 70041 -00002 March 31, 2021 Hours Rate Amount 03/07/2021 DG PD Review and edit Plan summary (.7); review emails 1.00 1295.00 $1,295.00from Kelly Frazier (.1); Cecily Dumas (.1) and Robbin Itkin (.1) re: same 03/07/2021 JJK PD Review Fiero email/attachment re: disclosure 0.20 995.00 $199.00statement matters. 03/08/2021 CHM PD Update plan presentation, solicitation procedures 3.80 750.00 $2,850.00motion and exhibits, and plan summary. 03/08/2021 JJK PD Research plan/confirmation issues. 5.30 995.00 $5,273.5003/09/2021 CHM PD Draft list of plan open items and update plan 0.40 750.00 $300.00documents including liquidation analysis. 03/09/2021 CHM PD Detailed review of plan. 3.50 750.00 $2,625.0003/09/2021 CHM PD Emails with J. Kim re modifications to Plan. 0.10 750.00 $75.0003/09/2021 DG PD Work on liquidation analysis including emails from 0.70 1295.00 $906.50Barret Marum (.1); C. Mackle (.1); Robbin Itkin (several) (.2); address issues and respond to revised draft (.3) 03/09/2021 DG PD Review and analyze Lender changes to section 2.2 0.40 1295.00 $518.00of Plan 03/09/2021 JJK PD Emails Mackle, Grassgreen, FTI, Debtors, 4.40 995.00 $4,378.00Committees' counsel re plan/DS issues, and review/revise plan, DS, exhibits. 03/10/2021 CHM PD All professional meeting to page turn and finalize 2.50 750.00 $1,875.00Plan. 03/10/2021 DG PD All professional meeting to page turn and finalize 2.50 1295.00 $3,237.50Plan 03/10/2021 DG PD Review TIC analysis for plan proposal 0.30 1295.00 $388.5003/10/2021 JJK PD Plan team conference call on plan matters (2.4); 4.90 995.00 $4,875.50further revisions to plan, DS, exhibits (2.5). 03/11/2021 CHM PD Review plan page updates and email J. Kim re same. 0.60 750.00 $450.0003/11/2021 CHM PD Email all professionals re plan review. 0.10 750.00 $75.0003/11/2021 CHM PD Compile professional responses to email re plan 0.20 750.00 $150.00page turn and circulate. 03/11/2021 DG PD Review working model of liquidation analysis 0.50 1295.00 $647.5003/11/2021 DG PD Review revised plan (1.7); conference call to page 3.20 1295.00 $4,144.00turn plan and disclosure statement and work on finalizing (1.5) 03/11/2021 JJK PD Emails Mackle re plan and review plan issues (0.3); 1.40 995.00 $1,393.00emails B. Magnum re plan changes (0.2); review plan/DS re further changes (0.9).

86

PFI Investor Committee Invoice127842 70041 -00002 March 31, 2021 Hours Rate Amount 03/11/2021 JJK PD Revise plan, DS, exhibits. 2.50 995.00 $2,487.5003/12/2021 CHM PD Email J. Kim re new plan draft. 0.10 750.00 $75.0003/12/2021 DG PD Review Plan Blackline 0.70 1295.00 $906.50 03/12/2021 JJK PD Revise plan and emails team on related matters. 1.70 995.00 $1,691.5003/13/2021 CHM PD All professionals call to review and edit plan and 3.20 750.00 $2,400.00plan summary before distribution to Committees. 03/13/2021 CHM PD Update plan summary and solicitation motion 2.70 750.00 $2,025.00incorporating recent plan edits. 03/13/2021 DG PD Group call with all professionals to work on page 3.20 1295.00 $4,144.00turn and review of Plan documents to finalize for filing 03/13/2021 JJK PD Team/Debtors/Committees call on plan/DS matters 3.80 995.00 $3,781.00(3.2); revise plan/DS (0.6). 03/13/2021 JJK PD Review, revise plan and disclosure statement and 4.90 995.00 $4,875.50emails Grassgreen, Fiero on same. 03/14/2021 CHM PD Review updates to Plan and update plan summary 1.40 750.00 $1,050.00accordingly. 03/14/2021 CHM PD Review and send numerous emails with counsel re 0.70 750.00 $525.00plan summary and plan. 03/15/2021 CHM PD Email D. Lee re plan summary and draft plan. 0.10 750.00 $75.0003/15/2021 CHM PD Edit solicitation motion. 1.20 750.00 $900.0003/15/2021 JJK PD Research re plan and confirmation issues. 4.90 995.00 $4,875.5003/16/2021 CHM PD Update solicitation procedures motion and email J. 3.30 750.00 $2,475.00Fiero re same. 03/16/2021 DG PD Detailed read and provide comments to draft of 2.30 1295.00 $2,978.50disclosure statement (2.1); email to committee counsel re: comments and big picture items (.2) 03/16/2021 JJK PD Emails Debtors' counsel on plan/DS matters; emails 3.10 995.00 $3,084.50Grassgreen re plan/DS matters; emails FTI on same; revise plan and disclosure statement. 03/17/2021 CHM PD Zoom meeting with all three committees to finalize 2.10 750.00 $1,575.00plan issues. 03/17/2021 CHM PD Email professionals re plan summary comments and 0.10 750.00 $75.00plan comments. 03/17/2021 CHM PD Detailed review and update Plan summary. 1.90 750.00 $1,425.0003/17/2021 DG PD Zoom meeting with all 3 committees to address final 2.10 1295.00 $2,719.50plan document issues 03/17/2021 DG PD Work on revisions to plan summary (.3); emails with 0.40 1295.00 $518.00

87

PFI Investor Committee Invoice127842 70041 -00002 March 31, 2021 Hours Rate Amount C. Mackle re: same (.1) 03/17/2021 JJK PD Emails Grassgreen, Debtors, Committees counsel on 4.10 995.00 $4,079.50plan/DS matters, and revise plan, disclosure statement, exhibits. 03/18/2021 CHM PD Review plan updates and circulate new drafts to 0.30 750.00 $225.00professionals. 03/18/2021 CHM PD Update solicitation procedures motion, order and 3.50 750.00 $2,625.00exhibits and email same to B. Marum. 03/18/2021 DG PD Call with Committee chairs re: meetings and plan 1.20 1295.00 $1,554.00status 03/18/2021 DG PD Review revise plan and disclosure statement and 1.60 1295.00 $2,072.00provide additional comments (1.3); review and comment on liquidation analysis (.3) 03/18/2021 DG PD Call with Robbin Itkin re: D. Statement comments 0.20 1295.00 $259.0003/18/2021 JJK PD Emails plan team re: plan changes, and revise plan 2.60 995.00 $2,587.00and disclosure statement; emails plan team on disclosure statement issues and plan revisions. 03/18/2021 JJK PD Review proposed plan/DS revisions; revise plan and 2.20 995.00 $2,189.00disclosure statement; emails plan working group on revisions. 03/19/2021 CHM PD Plan page turn call (2.2) and edit Plan Summary in 2.70 750.00 $2,025.00light of comments on call (.5). 03/19/2021 CHM PD Confer with K. Frazier and B. Marum (multiple 1.00 750.00 $750.00emails and telephone conferences) re solicitation procedures. 03/19/2021 DG PD Confer with John Fiero re: plan issues 0.30 1295.00 $388.5003/19/2021 JJK PD Plan working team (Debtors, Committees) 2.20 995.00 $2,189.00conference call on plan/DS matters. 03/19/2021 JJK PD Review plan/DS issues and further revisions to plan 2.80 995.00 $2,786.00and disclosure statement. 03/19/2021 JJK PD Review plan/DS issues, emails plan working team 2.10 995.00 $2,089.50on plan changes, and further revisions to plan, disclosure statement, exhibits. 03/20/2021 CHM PD Update plan, disclosure statement and plan summary 4.50 750.00 $3,375.00and circulate to counsel and committee members. 03/20/2021 CHM PD Additional updates to plan, disclosure statement and 2.50 750.00 $1,875.00plan summary; detailed proofread. 03/20/2021 CHM PD Review email from L. Goldblatt re liquidation 0.10 750.00 $75.00analysis and reply. 03/20/2021 JJK PD Emails Mackle, Itkin, et al. re plan/DS changes, and 1.10 995.00 $1,094.50

88

PFI Investor Committee Invoice127842 70041 -00002 March 31, 2021 Hours Rate Amount exhibits matters; revise plan and disclosure statement. 03/21/2021 CHM PD Call to finalize plan and related documents. 2.30 750.00 $1,725.0003/21/2021 CHM PD Finalize plan and disclosure statement. 8.70 750.00 $6,525.0003/21/2021 CHM PD Review filed copies of plan documents and email 0.30 750.00 $225.00same to Committee members. 03/21/2021 CHM PD Finalize solicitation procedures motion and exhibit 5.00 750.00 $3,750.00for page turn call. 03/21/2021 DG PD Call to finalize plan and related documents 2.30 1295.00 $2,978.5003/21/2021 DG PD Call with Rama, Liza and Robbin Itkin and A. 1.10 1295.00 $1,424.50Hinkelman re: liquidation analysis 03/21/2021 DG PD Review and comment on further revised plan 1.30 1295.00 $1,683.50documents prior to filing 03/21/2021 JJK PD Plan working team call on plan/DS matters (Debtors, 1.90 995.00 $1,890.50Committees counsel). 03/22/2021 CHM PD Review solicitation procedures motion in 1.00 750.00 $750.00preparation for professionals call. 03/22/2021 CHM PD Professionals call re solicitation procedures motion. 1.60 750.00 $1,200.0003/22/2021 CHM PD Email B. Marum re plan update re transfer of 0.20 750.00 $150.00interests. 03/22/2021 CHM PD Email K. Frazier re non-debtor inserts to solicitation 0.10 750.00 $75.00motion. 03/22/2021 CHM PD Multiple telephone conferences and emails with 1.00 750.00 $750.00professionals re major modifications to solicitation procedures in light of Donlin Recano constraints re investor claims process. 03/22/2021 CHM PD Review ad hoc support letters and provide 0.40 750.00 $300.00comments. 03/22/2021 JJK PD Emails Mackle on plan/DS matters and review plan 0.80 995.00 $796.00issues. 03/23/2021 CHM PD Modify solicitation procedures, plan and disclosure 8.30 750.00 $6,225.00statement to remove investor claims process. 03/23/2021 CHM PD Draft email to Committee members attaching sample 0.20 750.00 $150.00solicitation package. 03/23/2021 DG PD Review revised solicitation motion and attached 1.00 1295.00 $1,295.00exhibits 03/24/2021 JJK PD Review lenders' plan comments and consider. 0.10 995.00 $99.5003/29/2021 CHM PD Emails with D. Grassgreen and B. Marum re 0.20 750.00 $150.00solicitation procedures motion.

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PFI Investor Committee Invoice127842 70041 -00002 March 31, 2021 Hours Rate Amount 03/29/2021 CHM PD Update plan summary and email same to B. Marum. 0.60 750.00 $450.0003/29/2021 CHM PD Review emails re timing of solicitation motion 0.10 750.00 $75.00hearing and reply. 03/29/2021 CHM PD Email L. Goldblatt re amended plan summary for 0.10 750.00 $75.00distribution. 03/30/2021 CHM PD Email TIC update to D. Grassgreen and J. Fiero. 0.10 750.00 $75.0003/30/2021 CHM PD Email B. Marum and M. Klinger re amended plan 0.10 750.00 $75.00summary. 03/30/2021 JJK PD Emails Grassgreen, Mackle. Dumas, Marum on 1.00 995.00 $995.00plan/DS matters, and prepare next versions of same. 03/31/2021 DG PD Review lender plan comments and analyze same 0.70 1295.00 $906.50233.80 $221,170.00 Tax Issues [B240] 03/18/2021 DG TI Call with Sheppard Tax counsel re: LLC tax issues 1.60 1295.00 $2,072.00and plan tax issues (.5) call with committee members re: tax issues (1.1) 03/19/2021 DG TI Call with Andrew Hinkelman and S. Mullins Tax 1.10 1295.00 $1,424.50team re: tax analysis and NOL's (.7); call with J. Fiero re: same (.3); email to committee re: same (.1) 03/23/2021 DG TI Call with Sheppard Mullin Tax team and ad hoc 1.00 1295.00 $1,295.00counsel re: open questions on safe harbor 3.70 $4,791.50 TOTAL SERVICES FOR THIS MATTER: $304,649.50

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PFI Investor Committee Invoice127842 70041 -00002 March 31, 2021 Expenses 02/16/2021 CC Conference Call [E105] AT&T Conference Call, JDF 3.2203/01/2021 RE2 SCAN/COPY ( 50 @0.10 PER PG) 5.00 03/03/2021 LN 70041.00002 Lexis Charges for 03-03-21 28.07 03/04/2021 LN 70041.00002 Lexis Charges for 03-04-21 6.95 03/14/2021 LN 74001.00002 Lexis Charges for 03-14-21 57.89 03/15/2021 LN 74001.00002 Lexis Charges for 03-15-21 65.13 03/15/2021 RE2 SCAN/COPY ( 2 @0.10 PER PG) 0.20 03/18/2021 RE2 SCAN/COPY ( 28 @0.10 PER PG) 2.80 03/26/2021 CC Conference Call [E105] AT&T Conference Call, JDF 1.5303/29/2021 PO Postage [E108] Postage 8.55 $179.34 Total Expenses for this Matter

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PFI Investor Committee Invoice127842 70041 -00002 March 31, 2021 REMITTANCE ADVICE Please inlcude this Remittance with your payment For current services rendered through: 03/31/2021 Total Fees $304,649.50 Total Expenses 179.34 Less Courtesy Discount $61,710.25 Total Due on Current Invoice $243,118.59 Outstanding Balance from prior invoices as of 03/31/2021 (May not include recent payments)A/R Bill Number Invoice Date Fees Billed Expenses Billed Balance Due126178 09/30/2020 $189,749.25 $1,026.72 $190,775.97 126529 10/31/2020 $140,531.85 $140.34 $140,672.19 126784 11/30/2020 $219,081.15 $0.00 $219,081.15 126928 12/31/2020 $208,808.00 $388.27 $188,315.47 127400 01/31/2021 $221,032.35 $342.69 $221,375.04 127416 02/28/2021 $200,333.25 $108.80 $200,442.05 Total Amount Due on Current and Prior Invoices: $1,403,780.46

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150 California St. Floor 15th San Francisco, CA 94111 April 30, 2021 DIG Invoice 127912 Client 70041 Matter 00002 DG RE: Committee Representation _______________________________________________________________________________________STATEMENT OF PROFESSIONAL SERVICES RENDERED THROUGH 04/30/2021FEES $231,580.50 EXPENSES $465.35 LESS COURTESY DISCOUNT $46,583.25 TOTAL CURRENT CHARGES $185,462.60 BALANCE FORWARD $1,403,780.46 TOTAL BALANCE DUE $1,589,243.06

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PFI Investor Committee Invoice127912 70041 -00002 April 30, 2021 Summary of Services by Professional ID Name Title Rate Hours Amount CHM Mackle, Cia H. Counsel 750.00 101.40 $76,050.00 DG Grassgreen, Debra I. Partner 1295.00 51.80 $67,081.00 JDF Fiero, John D. Partner 1045.00 77.10 $80,569.50 $2,288.50 JJK Kim, Jonathan J. Counsel 995.00 2.30 $966.00 PJJ Jeffries, Patricia J. Paralegal 460.00 2.10 $4,625.50 RMP Pachulski, Richard M. Partner 1595.00 2.90 237.60 $231,580.50

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PFI Investor Committee Invoice127912 70041 -00002 April 30, 2021 Summary of Services by Task Code Task Code Description Hours Amount AD Asset Disposition [B130] 14.90 $18,415.50 BL Bankruptcy Litigation [L430] 5.60 $5,977.00 CA Case Administration [B110] 23.10 $21,380.50 CO Claims Admin/Objections[B310] 13.30 $12,821.50 CP Compensation Prof. [B160] 4.00 $4,144.50 FN Financing [B230] 1.40 $1,345.00 HE Hearing 3.40 $2,931.50 INVC Investor Communications 45.90 $37,749.50 MC Meeting of Creditors [B150] 33.80 $33,722.00 PD Plan & Disclosure Stmt. [B320] 89.20 $90,135.00 TI Tax Issues [B240] 3.00 $2,958.50 237.60 $231,580.50

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PFI Investor Committee Invoice127912 70041 -00002 April 30, 2021 Summary of Expenses Description Amount Conference Call [E105] $13.42 Federal Express [E108] $23.93 Filing Fee [E112] $350.00 Pacer - Court Research $14.70 Reproduction/ Scan Copy $63.30 $465.35

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PFI Investor Committee Invoice127912 70041 -00002 April 30, 2021 Hours Rate Amount Asset Disposition [B130] 03/24/2021 JDF AD Attend pre-call with FTI on asset strategy (.5); 2.60 1045.00 $2,717.00Committee call re FTI issues on asset strategy and taxes (2.1) 04/01/2021 DG AD Attend meeting on real estate strategy 1.00 1295.00 $1,295.0004/05/2021 JDF AD Refine "FTI issues and questions" list from 0.50 1045.00 $522.50committee members 04/07/2021 DG AD Investor update call with all 3 committees on asset 1.00 1295.00 $1,295.00strategy 04/07/2021 DG AD Review Judge Docket order re: sale hearing (.1) and 0.30 1295.00 $388.50emails with J. Fiero re: same (.1); review filed response (.1) 04/07/2021 JDF AD FTI asset strategy call with all three committees 1.00 1045.00 $1,045.0004/07/2021 JDF AD Prepare email to FTI and Debtor's counsel on 0.20 1045.00 $209.00addressing concerns by former members of the real estate committee 04/16/2021 DG AD Call regarding stalking horse and auction process 1.00 1295.00 $1,295.00with FTI 04/16/2021 DG AD Precall for all committee call on asset strategy (.7); 1.70 1295.00 $2,201.50all committee call on asset strategy and related matters (1) 04/16/2021 JDF AD Call with FTI re stalking horse bidder strategy 1.00 1045.00 $1,045.0004/16/2021 JDF AD Pre-call on asset strategy with professionals (.7); 1.70 1045.00 $1,776.50Three committee call on sale process (1.0) 04/16/2021 RMP AD Prepare for and participate on call re stalking horse 1.10 1595.00 $1,754.50issues. 04/16/2021 RMP AD Review FTI presentation. 0.30 1595.00 $478.5004/27/2021 RMP AD Prepare for and participate on professional call re 1.30 1595.00 $2,073.50stalking horse and follow-up with Gotthardt re same. 04/29/2021 RMP AD Review and respond to e-mails re stalking horse 0.20 1595.00 $319.00issues. 14.90 $18,415.50 Bankruptcy Litigation [L430] 04/05/2021 DG BL Review Ponzi Complaint 0.50 1295.00 $647.5004/05/2021 JDF BL Revise complaint and forward same to small team of 0.90 1045.00 $940.50participants for review and discussion 04/12/2021 JDF BL Revise and finalize complaint for filing 2.20 1045.00 $2,299.00

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PFI Investor Committee Invoice127912 70041 -00002 April 30, 2021 Hours Rate Amount 04/15/2021 JDF BL Call with FTI to discuss finalization of Alfaro 1.00 1045.00 $1,045.00declaration/Ponzi report 04/19/2021 JDF BL Review and note deadlines applicable to adversary 0.30 1045.00 $313.50and consider additional obligations imposed by scheduling order (.2); Email to B. Marum re closing issues out (.1) 04/27/2021 JDF BL Review answer to complaint filed by Debtors 0.20 1045.00 $209.0004/28/2021 JDF BL Review and revise form of stipulated judgment 0.50 1045.00 $522.505.60 $5,977.00 Case Administration [B110] 03/08/2021 JDF CA Weekly all professionals call to discuss pending 1.40 1045.00 $1,463.00items and division of effort 03/29/2021 JDF CA Weekly all professionals call 1.20 1045.00 $1,254.0004/05/2021 CHM CA Attend all professionals call re case status and 1.50 750.00 $1,125.00division of labor among firms. 04/05/2021 JDF CA All professionals weekly call to review WIP list and 1.50 1045.00 $1,567.50work division 04/06/2021 JDF CA Consider and prepare agenda for committee meeting 0.30 1045.00 $313.5004/12/2021 CHM CA All counsel call re case status and division of labor 1.50 750.00 $1,125.00among professionals. 04/12/2021 PJJ CA Update critical dates memo, calendar entries and 0.40 460.00 $184.00reminders. 04/13/2021 JDF CA Review filed Ponzi complaint and email to 0.20 1045.00 $209.00committee advising them of same 04/15/2021 PJJ CA Update critical dates memo, calendar entries and 0.40 460.00 $184.00reminders. 04/18/2021 CHM CA Review email from K. Frazier re professionals call 0.10 750.00 $75.00and reply. 04/19/2021 CHM CA Attend all professionals call re case status and 1.50 750.00 $1,125.00division of labor. 04/19/2021 DG CA Weekly all professionals conference call re: case 1.50 1295.00 $1,942.50coordination 04/19/2021 DG CA Review and comment on memo regarding critical 0.20 1295.00 $259.00dates 04/19/2021 JDF CA All professionals weekly call to review WIP list and 1.50 1045.00 $1,567.50work division 04/19/2021 PJJ CA Update critical dates memo, calendar entries and 1.00 460.00 $460.00reminders.

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PFI Investor Committee Invoice127912 70041 -00002 April 30, 2021 Hours Rate Amount 04/20/2021 JDF CA Attend Liaison committee meeting (1.5); Follow up 1.70 1045.00 $1,776.50call with Hinkelman re same (.2) 04/21/2021 CHM CA Email C. Dickson re mailing list. 0.10 750.00 $75.0004/21/2021 CHM CA Email C. Dickson re address change. 0.10 750.00 $75.0004/21/2021 CHM CA Review email from S. Dean and reply. 0.10 750.00 $75.0004/21/2021 CHM CA Review mailing lists and correspond with Sheppard 0.50 750.00 $375.00Mullin and S. Dean re issues. 04/24/2021 PJJ CA Update critical dates memo, calendar entries and 0.20 460.00 $92.00reminders. 04/26/2021 CHM CA Email M. Klinger re investor addresses not on 0.20 750.00 $150.00master list. 04/26/2021 CHM CA All counsel call re case status and division of labor. 2.10 750.00 $1,575.0004/26/2021 DG CA PFI Professionals Call 1.50 1295.00 $1,942.5004/26/2021 JDF CA All professionals weekly call to review WIP list and 2.10 1045.00 $2,194.50work division 04/28/2021 CHM CA Email all committee members re meeting status. 0.10 750.00 $75.0004/28/2021 PJJ CA Update critical dates memo, calendar entries and 0.10 460.00 $46.00reminders. 04/30/2021 CHM CA Email B. Marum re service issues. 0.10 750.00 $75.0023.10 $21,380.50 Claims Admin/Objections[B310] 04/06/2021 DG CO Review and respond to email from B. Marum and 0.20 1295.00 $259.00related emails from committees re: claims process 04/06/2021 DG CO Emails with Hinkelman and Alfaro re: Investor 0.10 1295.00 $129.50claim questions 04/13/2021 CHM CO Email K. Frazier and B. Marum re investor claims 0.10 750.00 $75.00process. 04/13/2021 CHM CO Telephone conference with K. Frazier and B. Marum 0.50 750.00 $375.00re claims process. 04/13/2021 JDF CO ork on TIC claims issues (.4); Email to M. Goldberg 0.50 1045.00 $522.50re TIC status 04/15/2021 CHM CO Review email from L. Goldblatt re investor claims 0.10 750.00 $75.00process and reply. 04/15/2021 JDF CO Work on TIC issues and revise "TIC memo" for 0.80 1045.00 $836.00distribution to a wider audience 04/20/2021 CHM CO Review email from R. Itkin re netting and reply. 0.10 750.00 $75.00

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PFI Investor Committee Invoice127912 70041 -00002 April 30, 2021 Hours Rate Amount 04/20/2021 CHM CO Review email from A. Ziff and reply. 0.10 750.00 $75.0004/20/2021 CHM CO Email M. Goldberg re 548(c) good faith and netting. 0.10 750.00 $75.0004/20/2021 CHM CO Attend call re netting analysis. 2.00 750.00 $1,500.0004/20/2021 DG CO Conference call to go over netting analysis 2.00 1295.00 $2,590.0004/20/2021 JDF CO FTI call re netting analysis 2.00 1045.00 $2,090.0004/21/2021 CHM CO Netting continuation call. 2.50 750.00 $1,875.0004/21/2021 JDF CO Follow up conference call with FTI re netting 2.10 1045.00 $2,194.5004/28/2021 CHM CO Email K. Frazier and B. Marum re claims 0.10 750.00 $75.00procedures motion. 13.30 $12,821.50 Compensation Prof. [B160] 04/01/2021 CHM CP Draft summary of Armanino fee issues and potential 0.40 750.00 $300.00compromise. 04/01/2021 CHM CP Review email from D. Grassgreen re Armanino fee 0.10 750.00 $75.00compromise and reply. 04/01/2021 CHM CP Draft settlement email to O. Katz re UCC offer re 0.30 750.00 $225.00Armanino reduction. 04/01/2021 CHM CP Review email from R. Itkin re Armanino 0.10 750.00 $75.00compromise and reply. 04/01/2021 CHM CP Draft email to R. Itkin re computation of settlement 0.10 750.00 $75.00request. 04/01/2021 DG CP Review and respond to emails re: Armanino fee 0.50 1295.00 $647.50application 04/02/2021 DG CP Review update on Armanino fee application dispute 0.20 1295.00 $259.00from O. Katz (.1) and response from C. Duman and R. Itkin re: same (.1) 04/06/2021 CHM CP Review emails from committee counsel re Armanino 0.10 750.00 $75.00fee issues and reply. 04/06/2021 CHM CP Telephone conference with counsel re Armanino fee 0.80 750.00 $600.00issues. 04/06/2021 DG CP Review summary of discussions with Armanino (.1) 0.40 1295.00 $518.00and review prior billings and provide feedback (.3) 04/22/2021 DG CP Call with Alfaro and forensic team re: FTI budget 1.00 1295.00 $1,295.004.00 $4,144.50

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PFI Investor Committee Invoice127912 70041 -00002 April 30, 2021 Hours Rate Amount Financing [B230] 04/01/2021 CHM FN Review email from D. Grassgreen re ASM Capital 0.10 750.00 $75.00outreach and reply. 04/01/2021 CHM FN Telephone conference with A. Moskovitz re 0.30 750.00 $225.00potential plan financing option and draft email to D. Grassgreen re same. 04/06/2021 JDF FN Review materials from B. Marum regarding 1.00 1045.00 $1,045.00inter-estate funding (.7); TC with B. Marum re inter-estate funding questions (.3) 1.40 $1,345.00 Hearing 04/01/2021 DG HE Hearing on additional first day motions and plan 0.70 1295.00 $906.50status report 04/15/2021 CHM HE Prepare for hearing on conditional approval of 1.00 750.00 $750.00disclosure statement and solicitation procedures. 04/15/2021 CHM HE Attend hearing re disclosure statement and 1.70 750.00 $1,275.00solicitation procedures. 3.40 $2,931.50 Investor Communications 04/01/2021 CHM INVC Email S. Dean re solicitation package distribution 0.30 750.00 $225.00and claim issues in response to investor requests. 04/02/2021 CHM INVC Review email from V. Maguire and email J. Fiero 0.10 750.00 $75.00and D. Grassgreen re same. 04/02/2021 CHM INVC Draft email to V. Maguire re plan process and 0.20 750.00 $150.00investor mailings. 04/02/2021 CHM INVC Review email from S. Pardi re investor 0.20 750.00 $150.00communication and edit same. 04/02/2021 DG INVC Review updates and notes from investor call with 0.30 1295.00 $388.50Hinkelman and further update about communications to real estate focused investors 04/16/2021 CHM INVC Update investor update email and email comments 0.10 750.00 $75.00to S. Pardi. 04/18/2021 CHM INVC Prepare powerpoint presentation re plan summary 5.50 750.00 $4,125.00and email to D. Grassgreen. 04/19/2021 CHM INVC Review email from L. Goldblatt and reply. 0.10 750.00 $75.0004/19/2021 CHM INVC Review email from R. Hannah and reply. 0.10 750.00 $75.00

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PFI Investor Committee Invoice127912 70041 -00002 April 30, 2021 Hours Rate Amount 04/19/2021 CHM INVC Update powerpoint presentation and email same to 0.30 750.00 $225.00D. Grassgreen. 04/19/2021 CHM INVC Review email from R. Hannah re filed copy of plan 0.10 750.00 $75.00summary and reply. 04/19/2021 CHM INVC Update presentation with sample ballot and 0.90 750.00 $675.00contributed claims analysis. 04/19/2021 DG INVC Review revised slides for investor meeting (.3); 2.80 1295.00 $3,626.00prepare for (.5) and attend investor meeting re: review of plan (2) 04/19/2021 DG INVC Confer with Robbin Itkin on Investor meeting 0.40 1295.00 $518.00followup (.2): emails with A. Hinkelman re: same (.2) 04/20/2021 CHM INVC Review email from M. Goldberg and reply. 0.10 750.00 $75.0004/20/2021 CHM INVC Email Donlin Recano re address updates for 0.10 750.00 $75.00solicitation packages. 04/20/2021 CHM INVC Review email from C. Dickson and reply. 0.10 750.00 $75.0004/20/2021 CHM INVC Review email from S. Dean re address verification. 0.10 750.00 $75.0004/21/2021 CHM INVC Draft call notes and circulate re contributed claims 2.10 750.00 $1,575.00issues. 04/21/2021 CHM INVC Multiple emails with R. Hannah and S. Dean re 0.50 750.00 $375.00investor communications. 04/21/2021 CHM INVC Draft discussion points re contributed claims and 0.50 750.00 $375.00circulate to professionals. 04/21/2021 CHM INVC Draft investor communication re missing solicitation 0.30 750.00 $225.00packages and email to S. Dean and R. Hannah. 04/21/2021 CHM INVC Update call notes and email same to R. Hannah for 0.20 750.00 $150.00distribution. 04/21/2021 CHM INVC Review email from R. Hannah re investor 0.10 750.00 $75.00communication and reply. 04/22/2021 CHM INVC Draft slide presentation re contributed claims. 2.30 750.00 $1,725.0004/23/2021 CHM INVC Update ballot choices presentation and email same 0.50 750.00 $375.00to D. Grassgreen, J. Fiero and M. Goldberg. 04/23/2021 CHM INVC Prepare draft answers re Monday all investor call 1.00 750.00 $750.00questions. 04/23/2021 CHM INVC Email B. Marum re non-investor claims pool and 1.50 750.00 $1,125.00update presentation. 04/23/2021 CHM INVC Review email from S. Pardi and reply. 0.10 750.00 $75.0004/24/2021 CHM INVC Review email from investor and reply. 0.10 750.00 $75.00

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PFI Investor Committee Invoice127912 70041 -00002 April 30, 2021 Hours Rate Amount 04/26/2021 CHM INVC Review email from D. Parente re plan voting and 0.10 750.00 $75.00reply. 04/26/2021 CHM INVC Update presentation with DOT issues and email 0.50 750.00 $375.00same to C. Dumas. 04/26/2021 CHM INVC Multiple emails re investor questions on solicitation 0.80 750.00 $600.00packages 04/26/2021 CHM INVC Preparation for investor call and update various 0.70 750.00 $525.00investor communications. 04/26/2021 CHM INVC Review emails sent after call and reply. 0.10 750.00 $75.0004/27/2021 CHM INVC Review and reply to multiple emails (over 20) re 1.20 750.00 $900.00investor questions. 04/27/2021 CHM INVC Review and respond to numerous communications 5.00 750.00 $3,750.00regarding investor solicitation and claims process and draft multiple investor communications including FAQ re same. 04/28/2021 CHM INVC Email L. Goldblatt re acceptance of proposed 0.10 750.00 $75.00change and email balloting. 04/28/2021 CHM INVC Review and reply to emails re solicitation issues, 1.60 750.00 $1,200.00including review of master ballot spreadsheet. 04/28/2021 CHM INVC Draft investor call presentation materials and reply 1.00 750.00 $750.00to investor inquiries. 04/28/2021 CHM INVC Attend and take minutes of all investor call. 2.30 750.00 $1,725.0004/28/2021 DG INVC Prepare for (.5) and attend all investor meeting re: 2.60 1295.00 $3,367.00tax questions and plan/ballot questions (2.1) 04/29/2021 CHM INVC Reply to investor inquiries and review master ballot 3.00 750.00 $2,250.00spreadsheet re same. 04/29/2021 CHM INVC Emails and telephone conferences with B. Marum re 1.30 750.00 $975.00various investor issues. 04/30/2021 CHM INVC Meeting with TIC holders re claim and voting 1.20 750.00 $900.00issues. 04/30/2021 CHM INVC Review email from S. Pardi re investor email and 0.10 750.00 $75.00reply. 04/30/2021 CHM INVC Draft investor communication re solicitation 0.30 750.00 $225.00packages, mailing issues. 04/30/2021 CHM INVC Draft detailed call notes re tax issues and email same 3.00 750.00 $2,250.00to K. Gercken for review. 45.90 $37,749.50

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PFI Investor Committee Invoice127912 70041 -00002 April 30, 2021 Hours Rate Amount Meeting of Creditors [B150] 03/10/2021 JDF MC Attend weekly committee meeting 2.40 1045.00 $2,508.0003/24/2021 JDF MC Weekly committee call re solicitation procedures 2.50 1045.00 $2,612.5003/30/2021 JDF MC Develop agenda for weekly call with entire 0.20 1045.00 $209.00committee 03/31/2021 JDF MC Weekly committee call 1.50 1045.00 $1,567.5004/06/2021 CHM MC Review email from D. Grassgreen re agenda, review 0.20 750.00 $150.00notes from counsel call and reply. 04/07/2021 CHM MC Conference call with Committee. 1.90 750.00 $1,425.0004/07/2021 CHM MC All committee call re plan changes and real estate 1.00 750.00 $750.00strategy. 04/07/2021 DG MC Weekly Committee Meeting 2.10 1295.00 $2,719.5004/07/2021 JDF MC Weekly committee conference call 2.10 1045.00 $2,194.5004/12/2021 CHM MC Email Committee members re disclosure statement 0.10 750.00 $75.00updates. 04/13/2021 JDF MC Develop agenda for conference call 0.20 1045.00 $209.0004/14/2021 CHM MC Attend weekly committee meeting. 1.50 750.00 $1,125.0004/14/2021 DG MC Weekly committee meeting 1.50 1295.00 $1,942.5004/14/2021 DG MC Weekly meeting with committee chairs and M. 0.70 1295.00 $906.50Goldberg 04/14/2021 JDF MC Weekly committee conference call 1.50 1045.00 $1,567.5004/16/2021 CHM MC Attend all committee call. 1.60 750.00 $1,200.0004/19/2021 CHM MC Attend all investor call and take minutes thereof. 2.10 750.00 $1,575.0004/21/2021 CHM MC Attend all committee meeting. 1.50 750.00 $1,125.0004/21/2021 DG MC Weekly Committee Meeting 1.60 1295.00 $2,072.0004/21/2021 JDF MC Attend all three committee meeting 1.50 1045.00 $1,567.5004/26/2021 CHM MC Attend all investor meeting and take minutes of 2.30 750.00 $1,725.00same. 04/27/2021 JDF MC Develop agenda for weekly meeting 0.30 1045.00 $313.5004/28/2021 DG MC Creditors Committee Weekly Meeting 1.40 1295.00 $1,813.0004/28/2021 DG MC Meeting with M. Goldberg and committee chairs re: 0.70 1295.00 $906.50ballot meeting 04/28/2021 JDF MC Weekly committee meeting 1.40 1045.00 $1,463.0033.80 $33,722.00

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PFI Investor Committee Invoice127912 70041 -00002 April 30, 2021 Hours Rate Amount Plan & Disclosure Stmt. [B320] 03/10/2021 JDF PD All professionals call with plan page turn 2.50 1045.00 $2,612.5003/11/2021 JDF PD Review revised plan (.5); Conference call re plan 2.20 1045.00 $2,299.00page turn 03/13/2021 JDF PD All professionals call to finalize plan and summary 3.20 1045.00 $3,344.00terms 03/16/2021 JDF PD Attention to solicitation procedures and confer with 3.20 1045.00 $3,344.00C. Mackle re same; Prepare revised narrative liquidation analysis (2.8) 03/19/2021 JDF PD TC with D. Grassgreen re plan issues (.3); Further 1.40 1045.00 $1,463.00revisions to narrative liquidation analysis (1.1) 04/02/2021 DG PD review filed objection to exclusivity 0.50 1295.00 $647.5004/02/2021 JJK PD Revise/review plan. 1.30 995.00 $1,293.50 04/02/2021 JJK PD Consider DS update/revisions and related review of 1.00 995.00 $995.00plan/docket. 04/05/2021 DG PD Review emails from Hinkelman and Itkin re: plan 0.40 1295.00 $518.00treatment for TIC holders (.2); emails to committee re: same (.1); review responses to vote (.1) 04/05/2021 DG PD Call with Lucy Kweskin re: plan funding by ASM 0.30 1295.00 $388.5004/05/2021 DG PD Confer with Robbin Itkin (.2) and committee (.1) re: 0.30 1295.00 $388.50BOV issues 04/06/2021 DG PD Call with committee chairs and M. Goldberg re: plan 1.20 1295.00 $1,554.00issues and investor communications 04/07/2021 CHM PD Email C. Dumas and O. Katz re plan updates re 0.10 750.00 $75.00property sales and lien releases. 04/07/2021 CHM PD Draft email to O. Katz and M. Goldberg re 0.30 750.00 $225.00contribution of claims and safe harbor issue. 04/07/2021 CHM PD Update Plan to incorporate TIC optionality; review 4.40 750.00 $3,300.00plan for lien and lender issues and consistency. 04/07/2021 DG PD Call with Cecily Dumas and Robbin Itkin re: BOV 0.30 1295.00 $388.5004/07/2021 DG PD Review of plan revisions for TIC agreements 0.40 1295.00 $518.0004/07/2021 JDF PD Review revisions to draft plan 0.50 1045.00 $522.5004/08/2021 CHM PD Email O. Katz and M. Goldberg re plan updates. 0.10 750.00 $75.0004/08/2021 CHM PD Draft email to C. Dumas and O. Katz re lien release 0.20 750.00 $150.00issues. 04/08/2021 CHM PD Email R. Lapping re secured lender plan changes. 0.10 750.00 $75.0004/08/2021 CHM PD Review email from R. Lapping re plan changes and 0.10 750.00 $75.00

105

PFI Investor Committee Invoice127912 70041 -00002 April 30, 2021 Hours Rate Amount reply. 04/08/2021 CHM PD Email C. Dumas re ballot updates for Class 4 ballot. 0.10 750.00 $75.0004/08/2021 CHM PD Review email from R. Itkin re plan changes and 0.10 750.00 $75.00reply. 04/08/2021 CHM PD Update plan and run comparison in advance of page 0.40 750.00 $300.00turn call. 04/08/2021 CHM PD Update plan and email revisions to R. Lapping for 2.10 750.00 $1,575.00review. 04/08/2021 CHM PD Page turn call re amended plan with estate 1.50 750.00 $1,125.00professionals. 04/08/2021 DG PD Review amended plan and provide comment (1.2); 3.70 1295.00 $4,791.50participate in call with all professionals to go over comments/page turn (2.5) 04/08/2021 JDF PD Review plan revisions (.5); Attend plan revision all 3.00 1045.00 $3,135.00professionals page turn call (2.5) 04/09/2021 CHM PD Update and final review of plan, disclosure 2.50 750.00 $1,875.00statement, plan summary, and ballots. 04/09/2021 CHM PD Modify plan and disclosure statement to remove 1.30 750.00 $975.00Glenwood references and email Debtors' counsel re changes. 04/09/2021 CHM PD Email M. Klinger re changes made to Disclosure 0.20 750.00 $150.00Statement. 04/09/2021 JDF PD Review FTI answers to questions regarding 0.50 1045.00 $522.50alternatives to bulk sale 04/12/2021 CHM PD Update plan summary and email same to R. Itkin. 0.30 750.00 $225.0004/12/2021 DG PD Weekly professionals call re: plan prep 1.30 1295.00 $1,683.5004/12/2021 DG PD Call with Robbin Itkin and Cecily Dumas re: plan 0.50 1295.00 $647.50issues 04/12/2021 DG PD Review email from O. Katz and prepare summary of 0.30 1295.00 $388.50plan argument 04/12/2021 JDF PD Attend plan issues call with all committee 1.30 1045.00 $1,358.50professionals 04/13/2021 CHM PD Review email from B. Marum re ballot and reply. 0.10 750.00 $75.0004/13/2021 CHM PD Update Class 6 ballot and email B. Marum re same. 0.30 750.00 $225.0004/13/2021 CHM PD Update solicitation procedures exhibits as a result of 3.20 750.00 $2,400.00TIC change and Glenwood non-filing. 04/13/2021 CHM PD Review email from K. Frazier re updated exhibits 0.10 750.00 $75.00and reply. 04/13/2021 CHM PD Emails with R. Itkin re Class 6 TIC issues and draft 0.70 750.00 $525.00

106

PFI Investor Committee Invoice127912 70041 -00002 April 30, 2021 Hours Rate Amount substantive replies. 04/13/2021 CHM PD Update exhibits per K. Frazier and C. Dumas 0.20 750.00 $150.00comments. 04/13/2021 CHM PD Email B. Marum re notice of modified solicitation 0.10 750.00 $75.00procedures exhibits and necessity of amended disclosure statement. 04/13/2021 CHM PD Draft email to counsel re TIC change and disclosure 0.40 750.00 $300.00statement. 04/13/2021 CHM PD Emails with committee counsel re TIC treatment 0.20 750.00 $150.00issues. 04/13/2021 CHM PD Emails with professionals re finalizing pleadings for 0.40 750.00 $300.00filing. 04/13/2021 DG PD Review TIC agreements and Deeds for call with 1.50 1295.00 $1,942.50counsel to 43 and 45 (.7) on Plan; call with Nathan Haynes and Ori Katz re: plan issues for TIC holders(.4) ; review TIC treatment and provide comments (.2); several emails with R. Itkin, C. Mackle and C. Dumas re: same (.2) 04/13/2021 DG PD Review objection to disclosure statement by 1.00 1295.00 $1,295.00Tri-counties bank (.4); review plan in response (.3); review email from lapping re: objection from lender on Rafael Gardens and summary of situation (.3); 04/13/2021 DG PD Review revised disclosure statement exhibits 0.30 1295.00 $388.5004/13/2021 JDF PD Work on revisions to post-confirmation trust 2.20 1045.00 $2,299.00agreement 04/14/2021 CHM PD Review email from R. Itkin, review documents filed 0.60 750.00 $450.00and reply. 04/14/2021 CHM PD Review email from R. Lapping re hearing and reply. 0.10 750.00 $75.0004/14/2021 CHM PD Email O. Katz and B. Marum re changed TIC 0.20 750.00 $150.00language. 04/14/2021 CHM PD Attend disclosure statement hearing prep call. 1.20 750.00 $900.0004/14/2021 DG PD Review disclosure statement objections; revised 4.50 1295.00 $5,827.50documents and related pleadings in preparation for disclosure statement hearing 04/14/2021 DG PD Call with Debtor and Committee counsel to prepare 1.20 1295.00 $1,554.00for disclosure statement hearing 04/14/2021 JDF PD All professionals prep call re disclosure statement 1.20 1045.00 $1,254.00hearing 04/15/2021 CHM PD Modify exhibits per Court's comments at hearing 3.50 750.00 $2,625.00and email same to counsel.

107

PFI Investor Committee Invoice127912 70041 -00002 April 30, 2021 Hours Rate Amount 04/15/2021 DG PD Prepare for Disclosure Statement hearing 1.00 1295.00 $1,295.0004/15/2021 DG PD Attend Disclosure Statement Hearing 1.80 1295.00 $2,331.0004/15/2021 JDF PD Attend disclosure statement hearing 1.80 1045.00 $1,881.0004/16/2021 CHM PD Update modified solicitation procedures exhibits and 1.00 750.00 $750.00disclosure statement and circulate. 04/16/2021 DG PD Call with TCC team, FCR and Coalition on plan 2.00 1295.00 $2,590.00strategy 04/19/2021 DG PD Email from David Alfaro re: ballots 0.10 1295.00 $129.5004/19/2021 JDF PD Review court's entered order and forward same to 0.20 1045.00 $209.00committee with comments. 04/20/2021 CHM PD Review master mailing matrix on Donlin site and 0.30 750.00 $225.00Pacer and email S. Dean and R. Hannah re same. 04/20/2021 CHM PD Review email re plan summary comments from 0.20 750.00 $150.00investors and reply. 04/20/2021 CHM PD Review multiple emails from R. Itkin re TIC 0.30 750.00 $225.00election and reply. 04/20/2021 CHM PD Email B. Marum re Class 7 ballot. 0.10 750.00 $75.0004/21/2021 CHM PD Email M. Klinger and B. Marum re modified ballots. 0.10 750.00 $75.0004/21/2021 CHM PD Email professionals are contributed claims issues. 0.10 750.00 $75.0004/21/2021 CHM PD Email B. Marum re electronic ballot option. 0.10 750.00 $75.0004/21/2021 CHM PD Review email from M. Klinger re ballot update and 0.10 750.00 $75.00reply. 04/21/2021 JDF PD Review and consider email from LC committee 0.20 1045.00 $209.00member re outstanding plan issues 04/26/2021 CHM PD Review email from R. Itkin re collateral source 0.10 750.00 $75.00recovery and reply. 04/26/2021 CHM PD Email M. Goldberg re collateral source recovery. 0.10 750.00 $75.0004/27/2021 CHM PD Draft email to B. Marum and M. Klinger re ballot 1.20 750.00 $900.00issues and draft proposed communication to investors re same. 04/27/2021 JDF PD Conference call with other committee counsel 3.50 1045.00 $3,657.50regarding revisions to trust agreement (1.5); Revise cheat sheet of straw man proposal and forward same to other committee counsel (2.0) 04/28/2021 JDF PD Conference call with additional committee counsel 1.00 1045.00 $1,045.00re revisions to trust agreement straw man proposal 04/29/2021 JDF PD Prepare revisions to substantive consolidation 2.20 1045.00 $2,299.00motion

108

PFI Investor Committee Invoice127912 70041 -00002 April 30, 2021 Hours Rate Amount 04/30/2021 CHM PD Review emails from B. Marum re plan supplement 0.20 750.00 $150.00and reply. 04/30/2021 CHM PD Email TIC holders re claims. 0.10 750.00 $75.0004/30/2021 CHM PD Emails with Donlin Recano re tabulation. 0.10 750.00 $75.0004/30/2021 JDF PD Meeting with TIC holders re outstanding plan issues 1.20 1045.00 $1,254.0004/30/2021 JDF PD Major markup of trust agreement to conform with 3.80 1045.00 $3,971.00straw man cheat sheet 89.20 $90,135.00 Tax Issues [B240] 04/14/2021 CHM TI Email Committee members and K. Gercken re tax 0.60 750.00 $450.00issue. 04/14/2021 CHM TI Draft email to K. Gercken re tax issues. 0.20 750.00 $150.0004/18/2021 CHM TI Email D. Grassgreen and J. Fiero re contributed 0.10 750.00 $75.00claims statement. 04/18/2021 CHM TI Draft email to K. Gercken re contributed claims/safe 0.50 750.00 $375.00harbor discussion summary to circulate to investors. 04/19/2021 CHM TI Review email from K. Gercken re contributed 0.20 750.00 $150.00claims/safe harbor and reply. 04/19/2021 CHM TI Email D. Grassgreen re contributed claims on 0.10 750.00 $75.00presentation. 04/27/2021 DG TI Call with Sheppard Team re: Prep Call 1.30 1295.00 $1,683.503.00 $2,958.50 TOTAL SERVICES FOR THIS MATTER: $231,580.50

109

PFI Investor Committee Invoice127912 70041 -00002 April 30, 2021 Expenses 04/01/2021 CC Conference Call [E105] AT&T Conference Call, JDF 0.1204/12/2021 FE 70041.00002 FedEx Charges for 04-12-21 23.93 04/12/2021 RE2 SCAN/COPY ( 20 @0.10 PER PG) 2.00 04/12/2021 RE2 SCAN/COPY ( 62 @0.10 PER PG) 6.20 04/12/2021 RE2 SCAN/COPY ( 68 @0.10 PER PG) 6.80 04/12/2021 RE2 SCAN/COPY ( 90 @0.10 PER PG) 9.00 04/12/2021 RE2 SCAN/COPY ( 158 @0.10 PER PG) 15.80 04/12/2021 RE2 SCAN/COPY ( 84 @0.10 PER PG) 8.40 04/13/2021 FF Filing Fee [E112] USBC District Court of California, H. 350.00Phang 04/13/2021 RE2 SCAN/COPY ( 23 @0.10 PER PG) 2.30 04/13/2021 RE2 SCAN/COPY ( 13 @0.10 PER PG) 1.30 04/29/2021 CC Conference Call [E105] AT&T Conference Call, JDF 4.8604/29/2021 CC Conference Call [E105] AT&T Conference Call, JDF 3.0604/29/2021 CC Conference Call [E105] AT&T Conference Call, JDF 5.3804/29/2021 RE2 SCAN/COPY ( 102 @0.10 PER PG) 10.20 04/30/2021 PAC Pacer - Court Research 14.70 04/30/2021 RE2 SCAN/COPY ( 13 @0.10 PER PG) 1.30

110

PFI Investor Committee Invoice127912 70041 -00002 April 30, 2021 $465.35 Total Expenses for this Matter

111

PFI Investor Committee Invoice127912 70041 -00002 April 30, 2021 REMITTANCE ADVICE Please inlcude this Remittance with your payment For current services rendered through: 04/30/2021 Total Fees $231,580.50 Total Expenses 465.35 Less Courtesy Discount $46,583.25 Total Due on Current Invoice $185,462.60 Outstanding Balance from prior invoices as of 04/30/2021 (May not include recent payments)A/R Bill Number Invoice Date Fees Billed Expenses Billed Balance Due126178 09/30/2020 $189,749.25 $1,026.72 $190,775.97 126529 10/31/2020 $140,531.85 $140.34 $140,672.19 126784 11/30/2020 $219,081.15 $0.00 $219,081.15 126928 12/31/2020 $208,808.00 $388.27 $188,315.47 127400 01/31/2021 $221,032.35 $342.69 $221,375.04 127416 02/28/2021 $200,333.25 $108.80 $200,442.05 127842 03/31/2021 $242,939.25 $179.34 $243,118.59 Total Amount Due on Current and Prior Invoices: $1,589,243.06

112

CUSTOMARY AND COMPARABLE COMPENSATION DISCLOSURES WITH FEE APPLICATIONS (See Guidelines C.3. for definitions of terms used in this Exhibit.) BLENDED HOURLY RATE CATEGORY OF TIMEKEEPER
Table 1 on page 113. Back to List of Tables
BILLED OR COLLECTED

Firm or offices for preceding year,
excluding bankruptcy*
$1,050.00
$950.00
$450.00
Paralegal $450.00 $458.23 All timekeepers aggregated $976.88 Represents approximate blended hourly rate. Non-estate work for PSZ&J represents a de minimis amount of the Firm’s revenues as the Firm’s engagements are primarily on ehalf of debtors, official committees, and other estate-billed constituencies. For the fiscal year ending 2019, non-estate work represented approximately 4-5% of the Firm’s venues. In 2020, non-estate work represented approximately 5-7% of the Firm’s revenues, and in 2021, it is expected that non-estate work will represent approximately 5-8% ofe Firm’s revenues. *Represents an estimate for the aggregate blended hourly rate for all timekeepers on non-estate work. Case Name:   Professional Finance Investors, Inc., et al.  Case Number:   19‐30604 (HLB)  Applicant's Name:   Pachulski Stang Ziehl & Jones LLP  Date of Application:   06/24/21  Interim or Final:   Interim 

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EXHIBIT D SUMMARY OF TIMEKEEPERS INCLUDED IN THIS APPLICATION  HOURS  HOURLY RATE BILLED  RATE DEPARTMENT,  DATE OF  FEES BILLED  TITLE OR  BILLED IN  INCREA NAME  GROUP OR  ADMISSION  IN THIS  IN FIRST  POSITION  THIS  IN THIS  SINCE C SECTION  (if applicable)  APPLICATION  INTERIM  APPLICATION  APPLICATION  INCEPTI APPLICATION  rd M. Pachulski  Partner  Bankruptcy 1979  9.0  $14,355.00  $1,595.00  $1,445.00  1 rd M. Pachulski  Partner  Bankruptcy 1979  0.2  $289.00  $1,445.00  $1,445.00  1 a Grassgreen  Partner  Bankruptcy 1992  221.5  $286,842.50  $1,295.00  $1,095.00  1 a Grassgreen  Partner  Bankruptcy 1992  55.9  $61,210.50  $1,095.00  $1,095.00  1 .W. Nasatir  Partner  Bankruptcy 1983  0.3  $307.50  $1,025.00  $1,025.00  1 eth H. Brown  Partner  Bankruptcy 1981  0.4  $490.00  $1,225.00  $995.00  1  D. Fiero  Partner  Bankruptcy 1988  260.5  $272,222.50  $1,045.00  $950.00  1  D. Fiero  Partner  Bankruptcy 1988  52.7  50,065.00  $950.00  $950.00  1 im B. Litvak  Partner  Bankruptcy 1997  8.9  $10,012.50  $1,125.00  $950.00  1 im B. Litvak  Partner  Bankruptcy 1997  9.3  $8,835.00  $950.00  $950.00  1 l G. Parker  Of Counsel  Bankruptcy 1969  4.6  $5,037.00  $1,095.00  N/A  1 than J. Kim  Of Counsel  Bankruptcy 1996  211.3  $210,243.50  $995.00  $895.00  1 than J. Kim  Of Counsel  Bankruptcy 1996  83.8  $75,001.00  $895.00  $895.00  1 . Mackle  Of Counsel  Bankruptcy 2006  330.5  $247,875.00  $750.00  $675.00  1 . Mackle  Of Counsel  Bankruptcy 2006  22.1  $14,917.50  $675.00  $675.00  1 e A. Forrester  Law Lib. Dir.  Bankruptcy N/A  1.3  585.00  $450.00  $450.00  1  D. Dassa  Paralegal  Bankruptcy N/A  7.4  $3,404.00  $460.00  N/A  1 cia J. Jeffries  Paralegal  Bankruptcy N/A  20.8  $9,568.00  $460.00  $425.00  1 cia J. Jeffries  Paralegal  Bankruptcy N/A  1.5  $637.50  $425.00  $425.00  1 OTAL  1,302.0  $1,271,898.00  OURTESY DISCOUNT (REVERSION TO 2020 RATES + 10%)  ($234,668.70) ND TOTAL  $1,037,229.30  ame:   Professional Finance Investors, Inc., et al.  umber:   19‐30604 (HLB)  ant's Name:   Pachulski Stang Ziehl & Jones LLP  f Application:   06/24/21   or Final:   Interim 

114

SUMMARY COVER SHEET OF FEE APPLICATION 
Table 1 on page 115. Back to List of Tables
Name of Applicant: Pachulski Stang Ziehl & Jones LLP
Name of client: The Official Committee of Unsecured 
Creditors
Time period covered by this application: December 1, 2020 – April 30, 2021
Total compensation sought this period: $1,038,713.752
Total expenses sought this period: $1,484.45
Petition date: July 26, 2020
Retention date: Effective August 23, 2020
Date of order approving employment: September 10, 2020
Total fees approved by interim order to date: $549,362.25
Total expenses approved by interim order to date: $1,167.06
Total allowed fees paid to date: $0.00
Total allowed expenses paid to date: $0.00
Blended rate in this application for all attorneys: $989.54
Blended rate in this application for all timekeepers: $976.88
Fees sought in this application already paid 
pursuant to a monthly compensation order but not 
yet allowed:
$0.00
Expenses sought in this application already paid 
pursuant to a monthly compensation order but not yet 
allowed:
$0.00
Number of professionals included in this application: 12
If applicable, number of professionals in this 
application not included in staffing plan approved by 
client:
N/A
If applicable, difference between fees budgeted and 
compensation sought for this period:
$15,713.75
Number of professionals  billing fewer than 15 hours to 
the case during this period
6
2 This amount is after application of a 10% courtesy discount agreed to in advance by the Firm.

115

Name of Applicant:  Pachulski Stang Ziehl & Jones LLP  Are any rates higher than those approved or disclosed at  The rates shown on the invoices are retention?  If yes, calculate and disclose the total  higher, but the discount removes the rate compensation sought in this application using the rates  increase and provides an additional 10% originally disclosed in the retention application  discount.   e Name:   Professional Finance Investors, Inc., et al.  e Number:   19‐30604 (HLB)  licant's Name:   Pachulski Stang Ziehl & Jones LLP  e of Application:   06/24/21  rim or Final:   Interim 

116

EXHIBIT F BUDGET  Pachulski Stang Ziehl & Jones LLP Budget  December 1, 2020 – April 30, 20213 
Table 1 on page 117. Back to List of Tables
CATEGORY PROJECTED TOTAL 
HOURS
PROJECTED TOTAL  
FEES
Asset Analysis/ Recovery 5.00 $5,000.00
Asset Disposition 60.00 $60,000.00
Avoidance Actions 5.00 $5,000.00
Bankruptcy Litigation 45.00 $45,000.00
Case Administration 75.00 $75,000.00
Claims Administration/ Objections 25.00 $20,000.00
Committee Matters 5.00 $5,000.00
Compensation of Professionals 10.00 $10,000.00
Financing 20.00 $15,000.00
First Day 30.00 $25,000.00
Forensic Analysis 20.00 $15,000.00
Hearing 10.00 $10,000.00
Insurance Coverage 0.00 $0.00
Investor Communications 100.00 $100,000.00
Meeting of Creditors 125.00 $125,000.00
Operations 5.00 $5,000.00
Plan and Disclosure Statement 500.00 $500,000.00
Retention of Professionals 0.00 $0.00
Tax Issues 5.00 $5,000.00
GRAND TOTAL 1,250.00 $1,025,000.00
              Case Name:   Professional Finance Investors, Inc., et al.  Case Number:   19‐30604 (HLB)  Applicant's Name:   Pachulski Stang Ziehl & Jones LLP  Date of Application:   06/24/21  Interim or Final:   Interim  3 * This budget reflects PSZJ's efforts to reasonably estimate the hours and fees to be billed for this period. Actual hours and fees may vary based upon the circumstances of this case.

117

EXHIBIT G STAFFING PLAN  Pachulski Stang Ziehl & Jones LLP Staffing Plan  CATEGORY OF TIMEKEEPER 1  NUMBER OF TIMEKEEPERS EXPECTED TO  (using categories maintained by the firm)  AVERAGE HOURLY RATE WORK ON THE MATTER DURING THE  (Based upon 2021 Rates)  BUDGET PERIOD  Sr./Equity Partner/Shareholder 6  $1,218.33 Of Counsel 3  $946.67 Law Library Director 1  $495.00 Paralegal 2  $465.00 1 As an alternative, firms can identify attorney timekeepers by years of experience rather than category of attorney timekeeper: 0‐3, 4‐7, 8‐14, and 15+. Non‐attorney timekeepers, such as paralegals, should be identified by category.  e Name:   Professional Finance Investors, Inc., et al.  e Number:   19‐30604 (HLB)  licant's Name:   Pachulski Stang Ziehl & Jones LLP  e of Application:   06/24/21  rim or Final:   Interim 

118

    SUMMARY OF COMPENSATION REQUESTED BY CATEGORY    (SEE GUIDELINES ¶ C.8 FOR PROJECT CATEGORY INFORMATION) 
Table 1 on page 119. Back to List of Tables
CATEGORY HOURS BILLED  
THIS PERIOD
TOTAL  
FOR APPLICATION
Asset Analysis/ Recovery 2.8 $2,946.00
Asset Disposition 52.7 $63,061.50
Avoidance Actions 2.1 $2,024.00
Bankruptcy Litigation 45.1 $47,601.50
Case Administration 75.8 $70,089.00
Claims Administration/ Objections 26.1 $25,507.00
Committee Matters 0.4 $418.00
Compensation of Professionals 41.1 $30,717.50
Financing 21.0 $21,636.00
First Day 4.0 $3,886.00
Forensic Analysis 21.1 $23,290.00
General Committee Matters 8.7 $9,231.50
Hearing 7.5 $6,419.50
Insurance Coverage 0.6 $592.50
Investor Communications 136.9 $131,017.00
Meeting of Creditors 126.3 $127,488.00
Operations 3.2 $3,544.50
Plan and Disclosure Statement 704.2 $677,578.00
Retention of Professionals 11.1 $11,867.50
Tax Issues 11.3 $12,983.00
SUB‐TOTAL 1,302.0 $1,271,898.00
LESS 10% COURTESY DISCOUNT None ($234,668.70)
GRAND TOTAL None $1,037,229.30
                e Name:   Professional Finance Investors, Inc., et al.  e Number:   19‐30604 (HLB)  licant's Name:   Pachulski Stang Ziehl & Jones LLP  e of Application:   06/24/21  rim or Final:   Interim   

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    SUMMARY OF EXPENSE REIMBURSEMENT REQUESTED BY CATEGORY    (SEE GUIDELINES ¶ C.8 FOR PROJECT CATEGORY INFORMATION)     
Table 1 on page 120. Back to List of Tables
EXPENSE TOTAL 
$233.90 
$125.69 
$23.93 
$350.00 
$546.88 
$100.60 
$8.55 
$0.40 
$94.50 
$1,484.45
Bloomberg None
Conference Call None
Federal Express None
Filing Fee None
Lexis Nexis Legal Research None
Pacer – Court Research None
Postage None
Reproduction Expense None
Reproduction/ Scan Copy None
GRAND TOTAL None

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e Name:   Professional Finance Investors, Inc., et al.  e Number:   19‐30604 (HLB)  licant's Name:   Pachulski Stang Ziehl & Jones LLP  e of Application:   06/24/21  rim or Final:   Interim 

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EXHIBIT I (Attorney Biographies) KENNETH H. BROWN Mr. Brown has extensive experience in bankruptcy and commercial litigation. He has represented and advised debtors, unsecured creditors, secured creditors, insurers, creditors’ committees, and trustees in large complex chapter 11 and chapter 15 cases and in related litigation in both state and federal court. Mr. Brown leads the firm’s litigation team in representations of the sex-abuse survivor committees in the chapter 11 bankruptcy cases involving the Roman Catholic Church. These matters involve the intersection of the First Amendment and the Religious Freedom Restoration Act (“RFRA”) with Bankruptcy Code and focus on recovering assets transferred by the debtor prior to filing bankruptcy as part of asset protection scheme to protect the assets from the claims of the victims of sex abuse. The representations also require expertise in identifying, analyzing, and prosecuting claims against the management of the debtor for allowing or facilitating the sexual misconduct and abuse. Mr. Brown led the team that obtained a judgment in one of these cases worth in excess of $100 million. Mr. Brown also specializes in defending employers in WARN Act class-action litigation and advising them on the intersection of the WARN Act and bankruptcy. Mr. Brown also has extensive experience representing professional firms and their principals in dissolutions and bankruptcies. He is a graduate of U.C. Santa Barbara and received his J.D. at Hastings College of the Law, where he was articles editor for the Hastings Law Journal. Mr. Brown is a former director of the Bay Area Bankruptcy Forum, a former member of the State Bar of California Business Law Section Subcommittee on Debtor/Creditor Relations and Bankruptcy, and frequently serves as a mediator for the Bankruptcy Dispute Resolution Program for the Northern District of California and the San Francisco Bar Association. He holds an AV Preeminent Peer Rating, Martindale-Hubbell's highest recognition for ethical standards and legal ability. He has been listed in every editions of Best Lawyers in America since 2018 for his work in Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law and Litigation - Bankruptcy. Mr. Brown is admitted to practice in California and is a resident in our San Francisco office. JOHN D. FIERO Mr. Fiero serves as a co-chair of the firm's Committee Practice Group and maintains a national practice representing debtors, committees, acquirers, and other significant parties in interest in complex reorganizations and financially distressed situations, both in and out of court. Mr. Fiero is a graduate of the University of Massachusetts at Amherst and received his J.D. from Hastings College of the Law, where he was associate note editor for the Hastings Journal of Communications and Entertainment Law. Mr. Fiero was a co-chair of the 2018 California Bankruptcy Forum. Every year since 2004, he has been named a Super Lawyer by San Francisco Magazine. He is also credited for his “highly constructive approach” in Chambers USA’s list of leading bankruptcy and restructuring lawyers and has been named every year since 2013 for his work in bankruptcy and creditor-debtor rights law by Best Lawyers in America. Mr. Fiero is admitted to practice in California and is resident in our San Francisco office.

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DEBRA GRASSGREEN Ms. Grassgreen is a senior partner in the firm’s San Francisco office and heads the firm’s international insolvency practice. She is president of the prestigious International Insolvency Institute (the first woman to be elected to that position) and is widely regarded as a leading expert on cross border restructuring matters. Ms. Grassgreen has significant experience representing debtors, trustees, and creditors’ committees in large and complex chapter 11 cases nationwide and internationally. Ms. Grassgreen has participated in the United Nations working group (UNCITRAL) developing a uniform international insolvency law and materials to assist countries in the adoption and implementation of insolvency legislation for over ten years. Ms. Grassgreen is listed in Who’s Who Legal: Thought Leaders—Global Elite 2019, one of only seven U.S.-based lawyers listed for Restructuring and Insolvency and has been named by the Daily Journal as one of the top 100 women lawyers in California for several years. She is a fellow in the American College of Bankruptcy, and has been listed in Best Lawyers in America every year since 2001 for her work in both Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law and Litigation - Bankruptcy. Ms. Grassgreen holds an AV Preeminent Peer Rating, Martindale-Hubbell’s highest recognition for ethical standards and legal ability, and is ranked among Bankruptcy/Restructuring attorneys by Chambers USA. Every year since 2010, she has been named a “Northern California Super Lawyer” by San Francisco Magazine. She was also listed by Lawdragon as one of the 2020 "Lawdragon 500 Leading Global Restructuring & Insolvency Lawyers." Ms. Grassgreen is a graduate of the University of Florida, where she also received her J.D., and is admitted to practice in Florida as well as California. JONATHAN J. KIM Mr. Kim has represented both debtors and creditors on a wide range of issues in chapter 11 cases, bankruptcy litigation, and federal court appeals, with substantial experience in plan, corporate/transactional, and litigation matters. He is a graduate of Duke University and received his J.D. from Harvard. He is a member of the Financial Lawyers Conference. Mr. Kim is admitted to practice in California, and is a resident in our Los Angeles office. MAXIM B. LITVAK Mr. Litvak specializes in bankruptcy and restructuring matters. He has represented debtors, trustees, creditors, and creditors' committees in numerous bankruptcy cases and out-of-court restructurings. He has authored a number of papers on insolvency issues and has lectured at various seminars and bar association meetings. Mr. Litvak is a graduate of UC Berkeley and received his J.D. from Duke University. Every year since 2014, he has been named a "Northern California Super Lawyer" in a peer survey conducted by Law & Politics and the publishers of San Francisco magazine, an honor bestowed on only 5% of Northern California attorneys, and has been listed in Best Lawyers in America for his work in Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law since 2016. He is admitted to practice in Texas and California, and speaks fluent Russian. Mr. Litvak is a resident in our San Francisco office.

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CIA H. MACKLE Ms. Mackle's practice has focused on a broad range of domestic and international business reorganization and restructuring matters, including the representation of debtors in possession, chapter 11 trustees, creditors' committees, and institutional creditors acting in various capacities. Ms. Mackle has also been involved in various bankruptcy litigation matters. She is a graduate of Duke University and received her J.D. from University of Southern California where she was a member of the Southern California Law Review. Ms. Mackle is admitted to practice in Florida. IAIN A.W. NASATIR Iain Nasatir specializes in insurance coverage, insolvency, regulatory, reinsurance, and bankruptcy disputes. Currently, he is involved with insurance coverage issues in the firm’s representations of creditors' committees of sexual-abuse survivors in the chapter 11 bankruptcies of the Diocese of Buffalo, the Diocese of Rochester, the Archdiocese of New Orleans, and the Archdiocese of Santa Fe, and in other sex-abuse related bankruptcies (e.g., Boy Scouts of America and U.S.A Gymnastics). Prior committee representations involving sexual-abuse coverage issues include bankruptcies of the Gallup, Stockton and Davenport dioceses and The Weinstein Company. Other cases have involved debtors’ obligations for SIRS and deductibles in bankruptcy (e.g., law firms Sedgwick and Heller Ehrman) and the interplay between state insurance regulators and bankruptcy court jurisdiction (e.g., Superior National, Fremont General and Executive Life). For further information on the diocesan and other sex-abuse cases, please see general firm discussion. In the course of the firm's bankruptcy representation of Sizzler Restaurants, Mr. Nasatir advised on complex reinsurance and insurance defense issues arising in the bankruptcy regarding the debtor's captive, and successfully implemented a mandatory mediation program in the bankruptcy court to maximize the opportunity for a premium refund to be paid to the debtor. Mr. Nasatir has also been involved in similar capacities for the trustee of a bankrupt American subsidiary of a Japanese scrap metal company and for Breed Technologies in its bankruptcy. In addition to handling coverage issues on primary insurance and reinsurance agreements, Mr. Nasatir has represented policyholders in coverage disputes, including D & O coverage litigation with National Union Fire Insurance Company and other similar carriers. On the litigation front, Mr. Nasatir obtained a defense judgment at trial on behalf of Fremont General in a suit brought by the Bank of New York over workers compensation deposits. He also obtained dismissals for the same client in lawsuits brought by the California Insurance Commissioner. On behalf of his Superior National client, he settled a reinsurance fraud dispute with a "walk-away." He attended Stowe School in Bucks, England, Williams College, Columbia College and Cardozo School of Law. Mr. Nasatir is admitted to practice in New York and California, and is resident in our Los Angeles office.

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RICHARD M. PACHULSKI Mr. Pachulski is widely regarded as one of the preeminent corporate restructuring attorneys in America. He has been named an “Attorney of the Year” by American Lawyer Media’s Recorder, and has been lead counsel on several deals that have been recognized as “Deal of the Year” by The M&A Advisor, Turnaround & Workouts and Global M&A Network. During 2019, in addition to working on several out-of-court workouts, Mr. Pachulski served as creditors' committee counsel in the successful chapter 11 reorganization of Woodbridge Group of Companies, a $1.2 billion fraud/Ponzi scheme also involving hundreds of millions of dollars of very high-end residential real estate; as debtor's counsel in White Eagle Asset Portfolio, owner of over $2.5 billion in face amount of life-insurance policies; and as debtor's counsel in Fuse LLC, a leading multicultural media company owning two cable networks. During the first few months of 2020, in addition to working on certain out-of-court workouts, Mr. Pachulski has principally worked on the chapter 11 case of Yueting Jia, an individual seeking to restructure approximately $4 billion of debt who historically has been referred to as the "Steve Jobs of China." Over Mr. Pachulski's career, a sampling of his roles as lead debtor counsel include the corporate restructurings of American Suzuki Motor Corporation, Solyndra LLC, and Mesa Airlines. Additionally, Mr. Pachulski also recently was lead bankruptcy counsel to Lehman Brothers in a matter involving over $2 billion due to Lehman Brothers. For the past four decades, Mr. Pachulski has represented debtors and creditors' committees in both out-of-court workouts and in-court proceedings. In addition, he has extensive experience in business reorganizations, as well as debtor/creditor litigation across numerous industries. During the 1980s, he was a well-known chapter 7 and chapter 11 trustee. His work over this time span led to inclusion in the American College of Bankruptcy, an honorary association of the nation’s most esteemed bankruptcy and insolvency professionals. Other career highlights include representation of the debtors in MagnaChip Semiconductor, Breed Technologies, Sizzler International, Covad Communications and Peregrine Systems; representation of the Circuit City creditors’ committee and, thereafter, the Circuit City liquidating trustee; representation of the ad hoc bondholders' committee in Adelphia Corporation; and lead counsel in the restructuring of the debts of internationally acclaimed singer-songwriter Toni Braxton. In total, he has assisted in tens of billions of dollars in restructurings during his career. Several national publications and organizations frequently recognize Mr. Pachulski for his work in the restructuring and turnaround field. For example, Chambers USA repeatedly ranks him as a top-tier national bankruptcy/restructuring attorney; Best Lawyers in America has listed him among the nation’s top bankruptcy attorneys every year since 1995; K&R Restructuring Register and Turnaround & Workouts listed him as one of America's top restructuring professionals; California Law Business listed him as one of “California's 100 Most Influential Attorneys;” and Los Angeles Business Journal listed him as one of fifteen top banking & finance “turnaround artists.” He also holds an “AV Preeminent Peer Rating,” Martindale-Hubbell's highest recognition for ethical standards and legal ability. In 2016, he was named to Thomson Reuters’ “Top 10: 2016 Southern California Super Lawyers” list and in 2018 was listed by Who's Who Legal among "Thought Leaders - Restructuring & Insolvency." He was listed by Lawdragon as one of the 2020 "Lawdragon 500 Leading Global Restructuring & Insolvency Lawyers."

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Mr. Pachulski is a graduate of UCLA, and received his J.D. from Stanford University. He is admitted to practice in California, and is resident in our Los Angeles office.

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