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Home Source documents Exhibit A — Summary Cover Sheet for Third Interim Fee Period, Jones Day (Doc 916-2)

Exhibit A — Summary Cover Sheet for Third Interim Fee Period, Jones Day (Doc 916-2)

Date
2022-11-02

Summary

Exhibit A, the Summary Cover Sheet for Third Interim Fee Period of Jones Day, authorized to provide professional services to the Debtors and Debtors-in-Possession in Kabbage, Inc. d/b/a Kservicing et al., Case 22-10951-CTG, filed July 20, 2023 as Doc 916-2. It states that Jones Day was retained November 2, 2022, effective as of October 3, 2022, and seeks compensation of $77,497.50 and expense reimbursement of $37,079.98 for April 1, 2023 through June 20, 2023. It reports $258,045.00 in compensation and $204,292.92 in expenses approved by interim order to date, and blended hourly rates of $925.37 for all attorneys and $891.80 for all timekeepers. The cover sheet lists 7 professionals in the application and states that rates are higher than those approved or disclosed at retention as of January 1, 2023, with an effect of $8,700.00. The application is marked Interim and Final.

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Cite this document

“Exhibit A — Summary Cover Sheet for Third Interim Fee Period, Jones Day (Doc 916-2).” Original at archive.org, dated 2022-11-02. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2022-11-02-kservicing-bankruptcy-b55274d1-1/, SHA-256 b55274d11888091a27c54fb5ca18ab9169970e0680322cb36d1dc68cfc604af0.

Full text

             Case 22-10951-CTG         Doc 916-2       Filed 07/20/23   Page 1 of 2




                                           EXHIBIT A
                     Summary Cover Sheet for Third Interim Fee Period

Name of Applicant:                                 Jones Day

Authorized to Provide Professional Services to: Debtors and Debtors-in-Possession

Date of Retention:                                 November 2, 2022, effective as of
                                                   October 3, 2022
Period for which compensation and
reimbursement are sought:                          April 1, 2023 through June 20, 2023

Amount of Compensation sought as actual,
reasonable, and necessary:                         $77,497.50

Amount of Expense Reimbursement sought as
actual, reasonable, and necessary:                 $37,079.98

Total Compensation Approved by Interim
Order to Date:                                     $258,045.00

Total Expenses Approved by Interim
Order to Date:                                     $204,292.92

Total Allowed Compensation Paid to Date:           $258,45.00

Total Allowed Expenses Paid to Date:               $204,292.92

Blended Hourly Rate in this Application
for All Attorneys:                                 $925.37

Blended Hourly Rate in this Application
for All Timekeepers:                               $891.80

Compensation Already Paid Pursuant to a
Monthly Compensation Order But Not Yet
Allowed:                                           $50,386.00

Expenses Already Paid Pursuant to a Monthly
Compensation Order But Not Yet Allowed:            $17,657.40

Number of Professionals Included in this
Application:                                       7

If applicable, number of professionals in this
application not included in staffing plan
approved by client:                                1

If applicable, difference between fees budgeted
and compensation sought for this period:           ($2.50)



                                                 -7-
            Case 22-10951-CTG         Doc 916-2     Filed 07/20/23   Page 2 of 2



Number of Professionals Billing Fewer           5
Than 15 Hours:

Are any rates higher than those approved or
disclosed at retention?                         Yes, as of January 1, 2023. Effect of
                                                $8,700.00.

Case Name: Kabbage, Inc. d/b/a Kservicing et al.
Case Number: 22-10951
Applicant’s Name: Jones Day
Date of Application: July 20, 2023
Interim or Final: Interim and Final




                                              -8-


File and source

File
gov.uscourts.deb.188293.916.2.pdf
Size
136,811 bytes
SHA-256
b55274d11888091a27c54fb5ca18ab9169970e0680322cb36d1dc68cfc604af0
Our copy
gov.uscourts.deb.188293.916.2.pdf
Original
archive.org
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