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Full title: Monthly Fee Statement. For the Month of December 16, 2021 thru December 31, 2021. Objection Date is 1/21/2022. Filed by Daniel Stolz on behalf of Genova Burns LLC. (Attachments: # (1) Monthly Fee Statement # (2) Exhibit A-Statement of Time # (3) Exhibit B-Statement of Expenses) (Stolz, Daniel)
Document posted on Jan 6, 2022 in the bankruptcy, 4 pages and 0 tables.
Bankrupt11 Summary (Automatically Generated)
DISTRICT OF NEW JERSEY FEE APPLICATION COVER SHEET FOR THE PERIOD DECEMBER 16, 2021 THROUGH DECEMBER 31, 2021 Debtor: LTL Management LLC Applicant: Chapter: 11 Case Filed: October 14, 2021 SECTION 1 FEE SUMMARY X Interim Fee ApplicationNo. 2 or ☐ Final Fee Application Summary of Amounts Requested for the Period from November 15, 2021 through December 15, 2021 (the “First Statement Period”) Total Fees: $ 98,425.00 Minus 20% holdback of Fees: $ 19,685.00 Total Fee Application $ 119,279.54 SECTION II SUMMARY OF SERVICES SECTION III SUMMARY OF DISBURSEMENTS Exclusive of overhead charges.
List of Tables
Document ContentsDISTRICT OF NEW JERSEY FEE APPLICATION COVER SHEET FOR THE PERIOD DECEMBER 16, 2021 THROUGH DECEMBER 31, 2021 Debtor: LTL Management LLC Applicant: Genova Burns LLC Case No.: 21-30589(MBK) Client: Official Comm of Talc Claimant Chapter: 11 Case Filed: October 14, 2021 SECTION 1 FEE SUMMARY X Interim Fee Application No. 2 or ☐ Final Fee Application Summary of Amounts Requested for the Period from November 15, 2021 through December 15, 2021 (the “First Statement Period”) Total Fees: $ 98,425.00 Total Disbursements: $ 20,854.54 Minus 20% holdback of Fees: $ 19,685.00 Amount Sought at this Time: $ 99,594.54
|NAME OF PROFESSIONAL YEAR ADMITTED HOURS RATE FEE
& TITLE (Or Years Of
|1. Angelo J. Genova, Senior Partner||1979||.20||850.00||170.00|
|2. Daniel M. Stolz, Partner||1980||78.20||650.00||50,830.00|
|3. Scott S. Rever||1994||11.60||500.00||5,800.00|
|4. Donald W. Clarke||2008||37.30||500.00||18,650.00|
|5. Matthew I. Baker||2013||14.50||400.00||5,800.00|
|6. Gary N. Marks||1977||12.40||650.00||8,060.00|
|7. Leonard S. Spinelli||2009||5.50||325.00||1,787.50|
|8. David Cerqueira||2021||19.50||225.00||4,387.50|
|9. Lorrie Denson||Paralegal||14.70||200.00||2,940.00|
1SECTION II SUMMARY OF SERVICES
|a) Asset Analysis and Recovery:
Identification and review of potential assets including causes of action and
|b) Asset Disposition
Sales, leases, abandonment and related transaction work.
|c) Avoidance Action Litigation
Preference and fraudulent transfer litigation.
|d) Business Operations
Issues related to debtor-in-possession operating in chapter 11 such as
employee, vendor, tenant issues and other similar problems.
|e) Case Administration
Coordination and compliance activities, including preparation of statement of
financial affairs, schedules, list of contracts, United States Trustee interim
statements and operating reports; contacts with the United States Trustee;
general creditor inquires.
|f) Claims Administration and Objections
Specific claim inquiries; bar date motions; analyses, objections and allowance
|g) Employee Benefits/Pensions
Review issues such as severance, retention, 401K coverage and continuance
of pension plan.
|h) Fee/Employment Applications
Preparations of employment and fee applications for self or others; motions to
Establish interim procedures.
|i) Fee/Employment Objections
Review of an objections to the employment and fee applications of others.
Matters under 361, 363 and 364 including cash collateral and secured clams;
loan document analysis.
Other than Avoidance Action Litigation (there should be a separate category
established for each major matter).
|l) Meetings of Creditors
Preparing for and attending the conference of creditors, the 341(a) meeting
and other creditors’ committee meetings.
|m) Plan and Disclosure Statement
Formulation, presentation and confirmation; compliance with the plan
confirmation order, related orders and rules; disbursement and case closing
activities, except those related to allowance and objections to allowance of
|n) Relief from Stay Proceedings
Matters relating to termination or continuation of automatic stay under 362.
Activities related to maintaining and auditing books of account, preparation
of financial statements and account analysis.
|p) Business Analysis
Preparation and review of company business plan; development and review of
strategies; preparation and review of cash flow forecasts and feasibility
|q) Corporate Finance
Review financial aspects of potential mergers, acquisitions and disposition of
company or subsidiaries.
|r) Data Analysis
Management information systems review, installation and analysis,
construction, maintenance and reporting of significant case financial data,
lease rejection, claims, etc.
|s) Litigation Consulting
Providing consulting and expert witness services related to various
bankruptcy matters such as insolvency, feasibility, avoiding actions; forensic
|t) Reconstruction Accounting
Reconstructing books and records from past transactions and brining
|u) Tax Issues
Analysis of tax issues and preparation of state and federal tax returns.
Appraise or review appraisals of assets.
|w) Travel Time|
|a) Filing Fees
Payable to Clerk of Court.
|b) Computer Assisted Legal Research
Westlaw, Lexis and a description of manner calculated.
|c) Pacer Fees
Payable to the Pacer Service Center for search and/or print.
Include per page fee charged.
3Exclusive of overhead charges.
|f) In-house Reproduction Services
Exclusive of overhead charges.
|g) Outside Reproduction Services
Including scanning services.
|h) Other Research
Title searches, UCC searches, Asset searches, Accurint.
|i) Court Reporting
Mileage, tolls, airfare, parking.
|k) Courier & Express Carriers
Overnight and personal delivery.
|m) Other (specify) Other Professionals||19,980.36|