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Full title: Omnibus Notice of Hearing On Second Interim Fee Applications For Professionals To Be Paid From Debtors Estates (RE: related document(s)726 Interim Application for Compensation Second Interim Application Of Wilson, Elser, Moskowitz, Edelman, & Dicker, Llp For Allowance And Compensation And Reimbursement Of Expenses Incurred As Special Counsel For Debtors for Wilson, Elser, Moskowitz, Edelman & Dicker, Other Professional, Fee: $46457.50, Expenses: $30.67. Filed by Other Prof. Wilson, Elser, Moskowitz, Edelman & Dicker (Attachments: # 1 Declaration of David J. Aveni ISO Second Interim Application)). Hearing scheduled for 7/28/2021 at 10:00 AM via Tele/Videoconference - www.canb.uscourts.gov/calendars. Filed by Debtor Professional Financial Investors, Inc. (Kim, Jeannie) (Entered: 07/01/2021)

Document posted on Jun 30, 2021 in the bankruptcy, 8 pages and 0 tables.

Bankrupt11 Summary (Automatically Generated)

In its Fee Application, Armanino, the 11 Debtors’ tax advisor, seeks an order (i) approving of compensation totaling $393,990.28, 12 consisting of professional fees rendered in the amount of $471,125.00, minus a voluntary 13 reduction of $86,000.00, plus expenses in the amount of $8,865.28, incurred by Armanino14 during the period from December 1, 2020 through April 30, 2021 and (ii) authorizing and 15 directing the Debtors to make prompt payment to Armanino of a total of $316,965.28, 16 which amount represents 80% of all fees requested in Armanino’s Fee Application and 17 100% of all expenses requested in such Fee Application.In its19 Fee Application, Sheppard Mullin, bankruptcy counsel to the Debtors, seeks an order (i) 20 approving of compensation totaling $1,987,655.33, consisting of professional fees in the 21 amount of $1,963,315.70 and expenses in the amount of $24,339.63, incurred by Sheppar22 Mullin during the period from December 1, 2020 through April 30, 2021 and (ii) 23 authorizing and directing the Debtors to make prompt payment to Sheppard Mullin of a 24 total of $1,594,992.19, which amount represents 80% of all fees requested in Sheppard 25 Mullin’s Fee Application and 100% of all expenses requested in such Fee Application.In its Fee Application, 4 Ragghianti Freitas, special corporate counsel to certain of the Debtors, seeks an order (i) 5 approving compensation totaling $52,193.10, consisting of professional fees in the amoun6 of $52,118.00 and expenses in the amount of $75.10, incurred by Ragghianti Freitas durin7 the period from December 1, 2020 through April 30, 2021 and (ii) authorizing and 8 directing the Debtors to make prompt payment to Ragghianti Freitas of a total of 9 $41,769.50, which amount represents 80% of all fees requested in Ragghianti Freitas’s Fe10 In its Fee 12 Application, Donlin Recano, claims, noticing, and solicitation agent to the Debtors, seeks 13 an order (i) approving compensation totaling $277,989.37, consisting of professional fees 14 in the amount of $130,036.00 and expenses in the amount of $115,444.37, incurred by 15 Donlin Recano during the period from December 1, 2020 through April 30, 2021 and (ii) 16 authorizing and directing the Debtors to make prompt payment to Donlin Recano of a tota17 of $245,480.37, which amount represents 80% of all fees requested in Donlin Recano’s 18 Fee Application and 100% of all expenses requested in such Fee Application.In its Fee Application, NCA, 23 special commercial real estate counsel to certain of the Debtors, seeks an order (i) 24 approving compensation totaling $11,505.00, consisting of professional fees in the amoun25 of $11,025.00 and expenses in the amount of $480.00, incurred by NCA during the period26 from December 1, 2020 through April 30, 2021 and (ii) authorizing and directing the 27 Debtors to make prompt payment to NCA of a total of $9,300.00, which amount represent 1 80% of all fees requested in NCA’s Fee Applica

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Document Contents

1 SHEPPARD, MULLIN, RICHTER & HAMPTON LLP A Limited Liability Partnership 2 Including Professional Corporations ORI KATZ, Cal. Bar No. 209561 3 J. BARRETT MARUM, Cal. Bar No. 228628 JEANNIE KIM, Cal. Bar No. 270713 4 MATT KLINGER, Cal. Bar No. 307362 GIANNA SEGRETTI, Cal. Bar No. 323645 5 Four Embarcadero Center, 17th Floor San Francisco, California 94111-4109 6 Telephone: 415.434.9100 Facsimile: 415.434.3947 7 Email: okatz@sheppardmullin.com bmarum@sheppardmullin.com 8 jekim@sheppardumullin.com mklinger@sheppardmullin.com 9 gsegretti@sheppardmullin.com 10 Counsel for Debtors UNITED STATES BANKRUPTCY COURT 11 NORTHERN DISTRICT OF CALIFORNIA, SAN FRANCISCO DIVISION 12 In re Case No. 20-30604 13 PROFESSIONAL FINANCIAL (Jointly Administered) 14 INVESTORS, INC., a California corporation, et al., Chapter 11 15 OMNIBUS NOTICE OF HEARING ON Debtors. 16 SECOND INTERIM FEE APPLICATIONS FOR 17 PROFESSIONALS TO BE PAID FRO DEBTORS’ ESTATES 18 Date: July 28, 2021 19 Time: 10:00 a.m. Judge: Hannah L. Blumenstiel 20 Place: Telephonic/Video Appearances Onl 450 Golden Gate Ave., 16th Fl., Ctm. 1 21 San Francisco, CA 94102 22 PLEASE TAKE NOTICE THAT a hearing to be conducted via telephone or 23 video has been scheduled for July 28, 2021 at 10:00 a.m. PT (the “Hearing”), before the 24 Honorable Hannah L. Blumenstiel, United States Bankruptcy Judge, to consider the 25 following applications for interim approval and allowance of fees and expenses (each, a 26 “Fee Application”) filed in the jointly-administered bankruptcy cases (the “Bankruptcy 27 Cases”) of Professional Financial Investors, Inc. (“PFI”) and its affiliate debtors

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1 1. FTI Consulting, Inc. (“FTI”). In its Fee Application, FTI, financial adviso2 to the Debtors, seeks an order (i) approving of compensation totaling $6,656,110.20, 3 consisting of professional fees in the amount of $6,612,020.00 and expenses in the amoun4 of $44,090.20, incurred by FTI during the period from December 1, 2020 through April 5 30, 2021 and (ii) authorizing and directing the Debtors to make prompt payment to FTI of 6 a total of $5,333,706.20, which amount represents 80% of all fees requested in FTI’s Fee 7 Application and 100% of all expenses requested in such Fee Application. During the 8 period covered by its Fee Application, FTI voluntarily reduced its fees by approximately 9 $1,954,302.00. 10 2. Armanino LLP (“Armanino”). In its Fee Application, Armanino, the 11 Debtors’ tax advisor, seeks an order (i) approving of compensation totaling $393,990.28, 12 consisting of professional fees rendered in the amount of $471,125.00, minus a voluntary 13 reduction of $86,000.00, plus expenses in the amount of $8,865.28, incurred by Armanino14 during the period from December 1, 2020 through April 30, 2021 and (ii) authorizing and 15 directing the Debtors to make prompt payment to Armanino of a total of $316,965.28, 16 which amount represents 80% of all fees requested in Armanino’s Fee Application and 17 100% of all expenses requested in such Fee Application. 18 3. Sheppard, Mullin, Richter & Hampton LLP (“Sheppard Mullin”). In its19 Fee Application, Sheppard Mullin, bankruptcy counsel to the Debtors, seeks an order (i) 20 approving of compensation totaling $1,987,655.33, consisting of professional fees in the 21 amount of $1,963,315.70 and expenses in the amount of $24,339.63, incurred by Sheppar22 Mullin during the period from December 1, 2020 through April 30, 2021 and (ii) 23 authorizing and directing the Debtors to make prompt payment to Sheppard Mullin of a 24 total of $1,594,992.19, which amount represents 80% of all fees requested in Sheppard 25 Mullin’s Fee Application and 100% of all expenses requested in such Fee Application. 26 The amount of professional fees for which Sheppard Mullin requests payment in its Fee 27 Application reflects a discount of 10% from Sheppard Mullin’s normal and customary

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1 4. Baker & Hostetler LLP (“Baker Hostetler”). In its Fee Application, Bake2 Hostetler, counsel to the Ad Hoc Committee of Deed of Trust Holders, seeks an order (i) 3 approving compensation totaling $767,342.88, consisting of professional fees in the 4 amount of $765,660.50 and expenses in the amount of $1,682.38 incurred by Baker 5 Hostetler during the period from December 1, 2020 through April 30, 2021 and (ii) 6 authorizing and directing the Debtors to make prompt payment to Baker Hostetler of a 7 total of $614,210.78, which amount represents 80% of all fees requested in Baker 8 Hostetler’s Fee Application and 100% of all expenses requested in such Fee Application. 9 During the period covered by its Fee Application, Baker Hostetler voluntarily discounted 10 its fees by 5%, amounting to a discount of $40,298.00. 11 5. Pachulski, Stang, Ziehl & Jones LLP (“Pachulski”). In its Fee 12 Application, Pachulski, counsel for the Official Committee of Unsecured Creditors in the 13 Bankruptcy Case, seeks an order (i) approving compensation totaling $1,038,713.75, 14 consisting of professional fees in the amount of $1,037,229.30 and expenses in the amoun15 of $1,484.45, incurred by Pachulski during the period from December 1, 2020 through 16 April 30, 2021 and (ii) authorizing and directing the Debtors to make prompt payment to 17 Pachulski of a total of $831,267.89, which amount represents 80% of all fees requested in 18 Pachulski’s Fee Application and 100% of all expenses requested in such Fee Application. 19 During the period covered by its Fee Application, Pachulski voluntarily discounted its fee20 by $234,668.70 representing an overall discount of 18.5% off its standard hourly rates. 21 6. Sklar Kirsh, LLP (“Sklar Kirsh”). In its Fee Application, Sklar Kirsh, 22 counsel to the Ad Hoc Committee of LLC Members, seeks an order (i) approving 23 compensation totaling $474,351.45, consisting of professional fees in the amount of 24 $474,098.50 and expenses in the amount of $252.95, incurred by Sklar Kirsh during the 25 period from December 1, 2020 through April 30, 2021 and (ii) authorizing and directing 26 the Debtors to make prompt payment to Sklar Kirsh of a total of $474,351.45, which 27 amount represents 100% of all fees and expenses requested in Sklar Kirsh’s Fee

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1 Application. During the period covered by its Fee Application, Sklar Kirsh voluntarily 2 discounted its fees by approximately 10%, amounting to a discount of $51,536.50. 3 7. Ragghianti Freitas LLP (“Ragghianti Freitas”). In its Fee Application, 4 Ragghianti Freitas, special corporate counsel to certain of the Debtors, seeks an order (i) 5 approving compensation totaling $52,193.10, consisting of professional fees in the amoun6 of $52,118.00 and expenses in the amount of $75.10, incurred by Ragghianti Freitas durin7 the period from December 1, 2020 through April 30, 2021 and (ii) authorizing and 8 directing the Debtors to make prompt payment to Ragghianti Freitas of a total of 9 $41,769.50, which amount represents 80% of all fees requested in Ragghianti Freitas’s Fe10 Application and 100% of all expenses requested in such Fee Application. 11 8. Donlin, Recano & Company, Inc. (“Donlin Recano”). In its Fee 12 Application, Donlin Recano, claims, noticing, and solicitation agent to the Debtors, seeks 13 an order (i) approving compensation totaling $277,989.37, consisting of professional fees 14 in the amount of $130,036.00 and expenses in the amount of $115,444.37, incurred by 15 Donlin Recano during the period from December 1, 2020 through April 30, 2021 and (ii) 16 authorizing and directing the Debtors to make prompt payment to Donlin Recano of a tota17 of $245,480.37, which amount represents 80% of all fees requested in Donlin Recano’s 18 Fee Application and 100% of all expenses requested in such Fee Application. 19 9. Wilson Elser Moskowitz Edelman & Dicker LLP (“Wilson Elser”). In 20 its Fee Application, Wilson Elser, special litigation counsel to certain of the Debtors, seek21 an order (i) approving compensation totaling $46,488.17, consisting of professional fees i22 the amount of $46,457.50 and expenses in the amount of $30.67, incurred by Wilson Elser23 during the period from December 1, 2020 through April 30, 2021. 24 10. Trodella & Lapping LLP (“T&L”). In its Fee Application, T&L, special 25 conflicts counsel to the Debtors, seeks an order (i) approving compensation totaling 26 $111,798.75, consisting of professional fees in the amount of $111,705.00 and expenses i27 the amount of $93.75, incurred by T&L during the period from December 1, 2020 through

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1 T&L of a total of $149,904.00, which amount represents 100% of all fees and expenses 2 requested in T&L’s Fee Application totaling $111,798.75 and 100% of all fees and 3 expenses previously approved in the amount of $38,354.25 by the Court’s order entered o4 March 23, 2021, as Docket No. 505. 5 11. Weinstein & Numbers LLP (“Weinstein Numbers”). In its Fee 6 Application, Weinstein Numbers, special insurance coverage counsel to certain of the 7 Debtors, seeks an order (i) approving compensation totaling $8,761.00, consisting of 8 professional fees in the amount of $8,761.00 and expenses in the amount of $0.00, incurre9 by Weinstein Numbers during the period from December 1, 2020 through April 30, 2021 10 and (ii) authorizing and directing the Debtors to make prompt payment to Weinstein 11 Numbers of a total of $7,008.80, which amount represents 80% of all fees requested in 12 Weinstein Numbers’s Fee Application and 100% of all expenses requested in such Fee 13 Application. 14 12. Steve Kesten (“Kesten”). In its Fee Application, Kesten, special counsel 15 for routine employment law matters to certain of the Debtors, seeks an order (i) approving16 compensation totaling $990.00, consisting of professional fees in the amount of $960.00 17 and expenses in the amount of $30.00, incurred by Kesten during the period from 18 December 1, 2020 through April 30, 2021 and (ii) authorizing and directing the Debtors to19 make prompt payment to Kesten of a total of $798.00, which amount represents 80% of al20 fees requested in Kesten’s Fee Application and 100% of all expenses requested in such Fe21 Application. 22 13. Nardell Chitsaz & Associates (“NCA”). In its Fee Application, NCA, 23 special commercial real estate counsel to certain of the Debtors, seeks an order (i) 24 approving compensation totaling $11,505.00, consisting of professional fees in the amoun25 of $11,025.00 and expenses in the amount of $480.00, incurred by NCA during the period26 from December 1, 2020 through April 30, 2021 and (ii) authorizing and directing the 27 Debtors to make prompt payment to NCA of a total of $9,300.00, which amount represent

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1 80% of all fees requested in NCA’s Fee Application and 100% of all expenses requested i2 such Fee Application. 3 14. Kimball, Tirey & St. John, LLP (“KTS”). In its Fee Application, KTS, 4 special residential real estate counsel to certain of the Debtors, seeks an order (i) approvin5 compensation totaling $7,894.50, consisting of professional fees in the amount of 6 $6,079.50 and expenses in the amount of $1,815.00, incurred by KTS during the period 7 from December 1, 2020 through April 30, 2021 and (ii) authorizing and directing the 8 Debtors to make prompt payment to KTS of a total of $6,678.60, which amount represents9 80% of all fees requested in KTS’s Fee Application and 100% of all expenses requested in10 such Fee Application. 11 PLEASE TAKE FURTHER NOTICE THAT the total fees and expenses and 12 payments requested in the Fee Applications are summarized in Schedule 1 to this Notice. 13 PLEASE TAKE FURTHER NOTICE THAT, the hearing will not be conducted14 in the presiding judge’s courtroom but instead will be conducted by telephone or video. 15 All interested parties should consult the Bankruptcy Court’s website at 16 www.canb.uscourts.gov for information about court operations during the COVID-19 17 pandemic. The Bankruptcy Court’s website provides information regarding how to arrang18 a telephonic or video appearance. If you have any questions regarding how to appear at a 19 court hearing, you may contact the Bankruptcy Court by calling 888-821-7606 or by using20 the Live Chat feature on the Bankruptcy Court’s website. 21 PLEASE TAKE FURTHER NOTICE that pursuant to Bankruptcy Local Rule 22 9014(c)(1), any opposition to the relief requested in the Fee Applications must be filed 23 with the Clerk of the Court and be served on the moving party no later than July 15, 2021. 24 PLEASE TAKE FURTHER NOTICE that the Court may deem the failure of an25 party in interest to file a timely objection to a Fee Application to constitute consent to the 26 relief requested in such Fee Application as summarized in this Notice. 27 PLEASE TAKE FURTHER NOTICE that if you did not receive a copy of any o

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1 please go to the website for these Bankruptcy Cases maintained by Donlin Recano & 2 Company, Inc., the claims agent for the cases, which website is located at: 3 https://www.donlinrecano.com/Clients/pfi/Index or contact the counsel for the Debtors at 4 (415) 434-9100. 5 Dated: July 1, 2021 6 SHEPPARD MULLIN RICHTER & HAMPTON LLP 7 8 /s/ Jeannie Kim By ORI KATZ 9 J. BARRETT MARUM 10 JEANNIE KIM MATT KLINGER 11 GIANNA SEGRETTI 12 Counsel for Debtors 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27

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1 SCHEDULE 1 2 (Summary of Fees and Expenses Requested in Fee Applications) 3 Professional’s Name Fees and Expenses Requested 4 FTI Consulting, Inc. Fees: $6,612,020 5 Expenses: $44,090.20 6 Michael Hogan Fees: $385,125.00 7 Expenses: $8,865.28 8 Sheppard Mullin Richter & Hampton LLP Fees: $1,963,315.7 Expenses: $24,339.63 9 Baker & Hostetler LLP Fees: $765,660.50 10 Expenses: $1,682.38 11 Pachulski, Stang, Ziehl & Jones LLP Fees: $1,037,229.30 Expenses: $1,484.45 12 Sklar Kirsh, LLP Fees: $474,098.50 13 Expenses: $252.95 14 Ragghianti Freitas LLP Fees: $52,118.00 15 Expenses: $75.10 16 Donlin, Recano & Company, Inc. Fees: $130,036.00 Expenses: $115,444.37 17 Wilson Elser Moskowitz Edelman & Dicker LLP Fees: $46,457.50 18 Expenses: $30.67 19 Trodella & Lapping LLP Fees: $111,705.00 20 Expenses: $93.75 21 Weinstein & Numbers LLP Fees: $8,761.00 Expenses: $0.00 22 Steve Kesten Fees: $960.00 23 Expenses: $30.00 24 Nardell Chitsaz & Associates Fees: $11,025.00 Expenses: $480.00 25 Kimball, Tirey & St. John, LLP Fees: $6,079.50 26 Expenses: $1,815.00 27 TOTAL Fees: $11,604,591.00 Expenses: $198,683.78

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