Kabbage - COC re Revised Omnibus Final Fee Order, Doc. 966-1 — In re KServicing Wind Down Corp., et al.
- Date
- 2022-10-03
Summary
Exhibit A, Final Fee Applications, filed September 5, 2023 as Doc 966-1 in In re: KServicing Wind Down Corp., et al., Case No. 22-10951 (CTG). The two-page table lists six professionals' final fee applications for the compensation period 10/3/22 – 6/20/23, with each applicant's docket number, role, fees and expenses requested, and fees and expenses approved. Richards, Layton & Finger, P.A. [D.I. 914] requested $2,083,233.00 in fees, with $2,081,377.00 approved after an agreed reduction of $1,856.00; AlixPartners, LLP [D.I. 915] requested and was approved $4,164,322.25. The table also lists Jones Day [D.I. 916], Greenberg Traurig, LLP [D.I. 917], Omni Agent Solutions, Inc. [D.I. 918] and Weil, Gotshal & Manges LLP [D.I. 919], the last with $11,020,968.50 in fees. A footnote states that unused Estimated Amounts for RL&F are to be paid to the Wind Down Estates under the Plan.
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Case 22-10951-CTG Doc 966-1 Filed 09/05/23 Page 1 of 2
EXHIBIT A
Final Fee Applications
In re: KServicing Wind Down Corp., et al.
Case No. 22-10951 (CTG)
Applicant, Docket Total Fee Total Expense
Final
No. of Application & Amount Amount Final Fees Final Expenses
Compensation
Applicant’s Role in Requested on a Requested on a Approved Approved
Period
Cases Final Basis Final Basis
Richards, Layton &
Finger, P.A.
[D.I. 914] 10/3/22 – 6/20/23 $2,083,233.00 $53,053.36 $2,081,377.001, 2 $53,053.361
Co-Counsel to the
Debtors
AlixPartners, LLP
[D.I. 915]
10/3/22 – 6/20/23 $4,164,322.25 $30,962.60 $4,164,322.25 $30,962.60
Financial Advisor to
the Chapter 11
Debtors
Jones Day
[D.I. 916]
10/3/22 – 6/20/23 $335,542.50 $241,372.90 $335,542.50 $241,372.90
Special Counsel to the
Debtors
1
The Final Fee Application filed by Richards, Layton & Finger, P.A. (“RL&F”) included Estimated Amounts for the Estimated Period (each as defined therein). To the extent the
Estimated Amounts are ultimately not used in satisfaction of fees and expenses incurred by RL&F, any unused amounts shall be paid to the Wind Down Estates in accordance with
the terms of the Plan.
2
The Final Fees Approved for RL&F include an agreed reduction of $1,856.00 from the Total Fee Amount Requested on a Final Basis.
RLF1 29554080v.1
Case 22-10951-CTG Doc 966-1 Filed 09/05/23 Page 2 of 2
Applicant, Docket Total Fee Total Expense
Final
No. of Application & Amount Amount Final Fees Final Expenses
Compensation
Applicant’s Role in Requested on a Requested on a Approved Approved
Period
Cases Final Basis Final Basis
Greenberg Traurig,
LLP
[D.I. 917]
10/3/22 – 6/20/23 $475,895.00 $411.25 $475,895.00 $411.25
Special Counsel to the
Board of Directors of
Kabbage, Inc. d/b/a
KServicing
Omni Agent
Solutions, Inc.
[D.I. 918] 10/3/22 – 6/20/23 $59,056.85 $0.00 $59,056.85 $0.00
Administrative Agent
Weil, Gotshal &
Manges LLP
[D.I. 919] 10/3/22 – 6/20/23 $11,020,968.50 $72,043.36 $11,020,968.50 $72,043.36
Weil
Attorneys for Debtors
RLF1 29554080v.1
2
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