HTML Document View

Full title: Monthly Application for Compensation [Seventh] of Portage Point Partners LLC as Financial Advisor to the Debtors for the period September 1, 2021 to September 30, 2021 Filed by Alamo Drafthouse Cinemas Holdings, LLC. Objections due by 11/10/2021. (Attachments: # (1) Notice # (2) Exhibit) (Feldman, Betsy)

Document posted on Oct 26, 2021 in the bankruptcy, 7 pages and 0 tables.

Bankrupt11 Summary (Automatically Generated)

The Debtors in these chapter 11 cases, along with the last four digits of each Debtor’s federal tax identification number, are: Alamo Drafthouse Cinemas Holdings, LLC (2205); Alamo Drafthouse Cinemas, LLC (5717); Alamo Vineland, LLC (1626); Alamo League Investments GP, LLC (1811); Alamo League Investments, Ltd. (7227); Alamo South Lamar GP, LLC (3632); Alamo South Lamar, LP (4563); Alamo Drafthouse Raleigh, LLC (5979); Alamo DH Anderson Lane, LLC (3642); Alamo Yonkers, LLC (4971); Alamo Mission, LLC (2284); Alamo Ritz, LLC (9465); Alamo Mueller, LLC (1221); Mondo Tees, LLC (6900); Alamo City Foundry, LLC (6092); Alamo Mainstreet, LLC (2052); Alamo City Point, LLC (3691); Alamo Liberty, LLC (5755); Alamo Satown, LLC (6197); Alamo Marketplace, LLC (7041); Alamo Stone Oak, LLC (8398); Alamo Westlakes, LLC (4931); Alamo Park North, LLC (1252); Alamo North SA, LLC (6623); Alamo Avenue B, LLC (8950); Alamo Slaughter Lane GP, LLC (6968); Alamo Slaughter Lane, Ltd. (5341); Alamo Cinema Group I GP, LLC (9537); Alamo Cinema Group I, LP (9656); Alamo Westminster, LLC (8906); Alamo Staten Island, LLC (7781); Alamo Aspen Grove, LLC (7786); Alamo Lakeline, LLC (5294); Alamo Sloans, LLC (9343).The Debtors in these chapter 11 cases, along with the last four digits of each Debtor’s federal tax identification number, are: Alamo Drafthouse Cinemas Holdings, LLC (2205); Alamo Drafthouse Cinemas, LLC (5717); Alamo Vineland, LLC (1626); Alamo League Investments GP, LLC (1811); Alamo League Investments, Ltd. (7227); Alamo South Lamar GP, LLC (3632); Alamo South Lamar, LP (4563); Alamo Drafthouse Raleigh, LLC (5979); Alamo DH Anderson Lane, LLC (3642); Alamo Yonkers, LLC (4971); Alamo Mission, LLC (2284); Alamo Ritz, LLC (9465); Alamo Mueller, LLC (1221); Mondo Tees, LLC (6900); Alamo City Foundry, LLC (6092); Alamo Mainstreet, LLC (2052); Alamo City Point, LLC (3691); Alamo Liberty, LLC (5755); Alamo Satown, LLC (6197); Alamo Marketplace, LLC (7041); Alamo Stone Oak, LLC (8398); Alamo Westlakes, LLC (4931); Alamo Park North, LLC (1252); Alamo North SA, LLC (6623); Alamo Avenue B, LLC (8950); Alamo Slaughter Lane GP, LLC (6968); Alamo Slaughter Lane, Ltd. (5341); Alamo Cinema Group I GP, LLC (9537); Alamo Cinema Group I, LP (9656); Alamo Westminster, LLC (8906); Alamo Staten Island, LLC (7781); Alamo Aspen Grove, LLC (7786); Alamo Lakeline, LLC (5294); Alamo Sloans, LLC (9343).WHEREFORE, Portage Point requests allowance of its fees and expenses incurred during the Fee Period in the total amount of $23,989.60 consisting of (a) $23,989.60, which is 80% of the fees incurred by the Debtors for reasonable and necessary professional services rendered by Portage Point; and (b) $0.00 for actual and necessary costs and expenses, and that such fees and expenses be paid as administrative expenses of the Debtors’ estates.I am a Managing Director of Portage Point Partners, LLC (“Portage Point”), aconsulting firm located in Chicago, Illinois, that has significant experience in prov

List of Tables

Document Contents

IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE In re: Chapter 11 ALAMO DRAFTHOUSE CINEMAS Case No. 21-10474 (MFW) HOLDINGS, LLC, et al., (Jointly Administered) Debtors.1 Objection Deadline: November 10, 2021 at 4:00 p.m. (ET) SUMMARY OF SEVENTH MONTHLY FEE APPLICATION OF PORTAGE POINT PARTNERS LLC FOR ALLOWANCE OF COMPENSATION FOR SERVICES RENDERED AND REIMBURSEMENT OF EXPENSES AS FINANCIAL ADVISOR TO THE DEBTORS AND DEBTORS IN POSSESSION FOR FOR THE PERIOD FROM SEPTEMBER 1, 2021 THROUGH SEPTEMBER 30, 2021 Name of Applicant: Portage Point Partners LLC Authorized to Provide Professional Services to: Debtors and Debtors in Possession Effective Date of Retention: March 3, 2021 (order entered on March 29, 2021) Period for which compensation and September 1, 2021 through September 30, 2021 reimbursement is sought: Amount of Compensation sought as $23,989.60 (80% of $29,987.00) actual, reasonable and necessary: Amount of Expense Reimbursement sought as $0.00 actual, reasonable and necessary: This is a: X monthly final application 1 The Debtors in these chapter 11 cases, along with the last four digits of each Debtor’s federal tax identification number, are: Alamo Drafthouse Cinemas Holdings, LLC (2205); Alamo Drafthouse Cinemas, LLC (5717); Alamo Vineland, LLC (1626); Alamo League Investments GP, LLC (1811); Alamo League Investments, Ltd. (7227); Alamo South Lamar GP, LLC (3632); Alamo South Lamar, LP (4563); Alamo Drafthouse Raleigh, LLC (5979); Alamo DH Anderson Lane, LLC (3642); Alamo Yonkers, LLC (4971); Alamo Mission, LLC (2284); Alamo Ritz, LLC (9465); Alamo Mueller, LLC (1221); Mondo Tees, LLC (6900); Alamo City Foundry, LLC (6092); Alamo Mainstreet, LLC (2052); Alamo City Point, LLC (3691); Alamo Liberty, LLC (5755); Alamo Satown, LLC (6197); Alamo Marketplace, LLC (7041); Alamo Stone Oak, LLC (8398); Alamo Westlakes, LLC (4931); Alamo Park North, LLC (1252); Alamo North SA, LLC (6623); Alamo Avenue B, LLC (8950); Alamo Slaughter Lane GP, LLC (6968); Alamo Slaughter Lane, Ltd. (5341); Alamo Cinema Group I GP, LLC (9537); Alamo Cinema Group I, LP (9656); Alamo Westminster, LLC (8906); Alamo Staten Island, LLC (7781); Alamo Aspen Grove, LLC (7786); Alamo Lakeline, LLC (5294); Alamo Sloans, LLC (9343). The location of the Debtors’ service address is: 3908 Avenue B, Austin, Texas 78751.

1

Prior applications:
Table 1 on page 2. Back to List of Tables
None Requested None Approved None
Date Filed;
Docket No.
Period Covered Fees Expenses Fees Expenses
4/23/21
Docket No. 330
3/3/21 – 3/31/21 $384,622.50 $0.00 $384,622.50 $0.00
5/17/21
Docket No. 468
4/1/21– 4/30/21 $332,784.50 $0.00 $332,784.50 $0.00
6/14/21
Docket No. 540
5/1/21 – 5/31/21 $198,161.50 $0.00 $198,161.50 $0.00
7/15/21
Docket No. 590
6/1/21 – 6/30/21 $34,109.50 $0.00 Pending Pending
8/23/21
Docket No. 662
7/1/21 – 7/31/21 $50,346.50 $0.00 Pending Pending
9/15/21
Docket No. 728
8/1/21 – 8/31/21 $17,147.00 $0.00 Pending Pending
Total None $1,017,171.50 $0.00 $915,568.50 $0.00

2

IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE In re: Chapter 11 ALAMO DRAFTHOUSE CINEMAS Case No. 21-10474 (MFW) HOLDINGS, LLC, et al., (Jointly Administered) Debtors.1 Objection Deadline: November 10, 2021 at 4:00 p.m. (ET) SEVENTH MONTHLY FEE APPLICATION OF PORTAGE POINT PARTNERS LLC FOR ALLOWANCE OF COMPENSATION FOR SERVICES RENDERED AND REIMBURSEMENT OF EXPENSES AS FINANCIAL ADVISOR TO THE DEBTORS AND DEBTORS IN POSSESSION FOR FOR THE PERIOD FROM SEPTEMBER 1, 2021 THROUGH SEPTEMBER 30, 2021 Pursuant to sections 327, 330, and 331 of chapter 11 of title 11 of the United States Code, (the “Bankruptcy Code”), Rule 2016 of the Federal Rules of Bankruptcy Procedure (the “Bankruptcy Rules”), the Order Authorizing the Retention and Employment of Portage Point Partners, LLC as Financial Advisor to the Debtors Effective as of the Petition Date [Docket No. 160](the “Retention Order”), the Order Establishing Procedures for Interim Compensation andReimbursement of Expenses for Retained Professionals [Docket No. 162] (the “Interim Compensation Order”), and the Local Rules of Bankruptcy Practice and Procedure of the United States Bankruptcy Court for the District of Delaware (the “Local Rules”), Portage Point Partners, 1 The Debtors in these chapter 11 cases, along with the last four digits of each Debtor’s federal tax identification number, are: Alamo Drafthouse Cinemas Holdings, LLC (2205); Alamo Drafthouse Cinemas, LLC (5717); Alamo Vineland, LLC (1626); Alamo League Investments GP, LLC (1811); Alamo League Investments, Ltd. (7227); Alamo South Lamar GP, LLC (3632); Alamo South Lamar, LP (4563); Alamo Drafthouse Raleigh, LLC (5979); Alamo DH Anderson Lane, LLC (3642); Alamo Yonkers, LLC (4971); Alamo Mission, LLC (2284); Alamo Ritz, LLC (9465); Alamo Mueller, LLC (1221); Mondo Tees, LLC (6900); Alamo City Foundry, LLC (6092); Alamo Mainstreet, LLC (2052); Alamo City Point, LLC (3691); Alamo Liberty, LLC (5755); Alamo Satown, LLC (6197); Alamo Marketplace, LLC (7041); Alamo Stone Oak, LLC (8398); Alamo Westlakes, LLC (4931); Alamo Park North, LLC (1252); Alamo North SA, LLC (6623); Alamo Avenue B, LLC (8950); Alamo Slaughter Lane GP, LLC (6968); Alamo Slaughter Lane, Ltd. (5341); Alamo Cinema Group I GP, LLC (9537); Alamo Cinema Group I, LP (9656); Alamo Westminster, LLC (8906); Alamo Staten Island, LLC (7781); Alamo Aspen Grove, LLC (7786); Alamo Lakeline, LLC (5294); Alamo Sloans, LLC (9343). The location of the Debtors’ service address is: 3908 Avenue B, Austin, Texas 78751.

3

LLC (“Portage Point”), financial advisor for the above-captioned debtors and debtors-in-possession (collectively, the “Debtors”), hereby files this monthly fee statement (this “Monthly Fee Statement”) for: (i) compensation in the amount of $23,989.60 for the reasonable and necessary services Portage Point rendered to the Debtors from September 1, 2021 through September 30, 2021 (the “Fee Period”) (80% of $29,987.00). Itemization of Services Rendered and Disbursements Incurred 1. In support of this Monthly Fee Statement, attached are the following exhibits: • Exhibit A is a schedule of the number of hours expended and fees incurred (on an aggregate basis) by Portage Point during the Fee Period. As reflected in Exhibit A, Portage Point incurred $29,987.00 in fees during the Fee Period. Pursuant to this Monthly Fee Statement, Portage Point seeks reimbursement for 80% of such fees ($23,989.60 in the aggregate). • Exhibit B is a schedule providing certain information regarding the Portage Point personnel (the “Portage Point Professionals”) for whose work on these chapter 11 cases compensation is sought in this Monthly Fee Statement. Portage Point Professionals have expended a total of 56.7 hours in connection with these chapter 11 cases during the Fee Period. • Exhibit C is a schedule for the Fee Period, setting forth the total amount of reimbursement sought with respect to each category of expenses for which Portage Point is seeking reimbursement in this Monthly Fee Statement. All of these disbursements comprise the requested sum for Portage Point’s out-of-pocket expenses. • Exhibit D consists of Portage Point’s records of fees and expenses incurred during the Fee Period in the rendition of the professional services to the Debtors and their estates. Representations 2. Although every effort has been made to include all fees and expenses incurred in the Fee Period, some fees and expenses might not be included in this Monthly Fee Statement due to delays caused by accounting and processing during the Fee Period. Portage Point reserves the right to make further application to this Court for allowance of such fees and expenses not included herein. Subsequent fee applications will be filed in accordance with the Bankruptcy Code, the Bankruptcy Rules, Local Rules, and the Interim Compensation Order.

4

WHEREFORE, Portage Point requests allowance of its fees and expenses incurred during the Fee Period in the total amount of $23,989.60 consisting of (a) $23,989.60, which is 80% of the fees incurred by the Debtors for reasonable and necessary professional services rendered by Portage Point; and (b) $0.00 for actual and necessary costs and expenses, and that such fees and expenses be paid as administrative expenses of the Debtors’ estates. Chicago, Illinois Dated: October 27, 2021 /s/ Stuart Kaufman Stuart Kaufman Managing Director Portage Point Partners, LLC

5

IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE In re: Chapter 11 ALAMO DRAFTHOUSE CINEMAS Case No. 21-10474 (MFW) HOLDINGS, LLC, et al., (Jointly Administered) Debtors.1 VERIFICATION OF STUART KAUFMAN I, Stuart Kaufman, hereby declare the following under penalty of perjury: 1. I am a Managing Director of Portage Point Partners, LLC (“Portage Point”), aconsulting firm located in Chicago, Illinois, that has significant experience in providing financial advisory services both in- and out-of-court. 3. I have personally performed many of the services rendered by Portage Point asrestructuring advisor to the Debtors and am familiar with all other work performed on behalf of the Debtors by Portage Point personnel. 4. The facts set forth in the foregoing Monthly Fee Statement are true and correct tothe best of my knowledge, information, and belief. 1 The Debtors in these chapter 11 cases, along with the last four digits of each Debtor’s federal tax identification number, are: Alamo Drafthouse Cinemas Holdings, LLC (2205); Alamo Drafthouse Cinemas, LLC (5717); Alamo Vineland, LLC (1626); Alamo League Investments GP, LLC (1811); Alamo League Investments, Ltd. (7227); Alamo South Lamar GP, LLC (3632); Alamo South Lamar, LP (4563); Alamo Drafthouse Raleigh, LLC (5979); Alamo DH Anderson Lane, LLC (3642); Alamo Yonkers, LLC (4971); Alamo Mission, LLC (2284); Alamo Ritz, LLC (9465); Alamo Mueller, LLC (1221); Mondo Tees, LLC (6900); Alamo City Foundry, LLC (6092); Alamo Mainstreet, LLC (2052); Alamo City Point, LLC (3691); Alamo Liberty, LLC (5755); Alamo Satown, LLC (6197); Alamo Marketplace, LLC (7041); Alamo Stone Oak, LLC (8398); Alamo Westlakes, LLC (4931); Alamo Park North, LLC (1252); Alamo North SA, LLC (6623); Alamo Avenue B, LLC (8950); Alamo Slaughter Lane GP, LLC (6968); Alamo Slaughter Lane, Ltd. (5341); Alamo Cinema Group I GP, LLC (9537); Alamo Cinema Group I, LP (9656); Alamo Westminster, LLC (8906); Alamo Staten Island, LLC (7781); Alamo Aspen Grove, LLC (7786); Alamo Lakeline, LLC (5294); Alamo Sloans, LLC (9343). The location of the Debtors’ service address is: 3908 Avenue B, Austin, Texas 78751.

6

5. I have reviewed Rule 2016-2 of the Local Rules of Bankruptcy Practice andProcedures of the United States Bankruptcy Court for the District of Delaware and believe that the Monthly Fee Statement for Portage Point complies with Rule 2016-2. 6. Pursuant to 28 U.S.C. § 1746, I declare under penalty of perjury that the foregoingis true and correct. Chicago, Illinois Dated: October 27, 2021 /s/ Stuart Kaufman Stuart Kaufman Managing Director Portage Point Partners, LLC

7