11/03/2022 TBT Review correspondence from J. McMillian (Weil) re: engagement letter for Morris
- Date
- 2022-12-29
Summary
Exhibit A, Description of AlixPartners' Hours and Fees by Matter Category, filed December 29, 2022 as Doc 391-2 in Case 22-10951-CTG, the Chapter 11 case of Kabbage, Inc. d/b/a Kservicing. The exhibit runs 71 pages and lists November 2022 time entries by date, professional, description and hours, followed by a rate and fee summary for each matter category. The Chapter 11 Process / Case Management category totals 20.7 hours and $18,823.00, and the Cash / Liquidity Matters entries cover daily cash analysis, cash collateral order reporting and cash flow forecasts. The Fee Statements & Fee Applications category totals 26.7 hours and $15,492.00. The exhibit closes with Travel Time of 16.0 hours and $15,980.00, reduced by 50% to total professional fees of $7,990.00.
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Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 1 of 71 Exhibit A Description of AlixPartners’ Hours and Fees by Matter Category Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 2 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: Chapter 11 Process / Case Management 20006554P00002.1.1 DATE 11/01/2022 PROFESSIONAL JMK 11/03/2022 TBT 11/03/2022 11/04/2022 11/04/2022 TBT AP DCR 11/04/2022 11/04/2022 DCR DCR 11/04/2022 JN 11/04/2022 TBT 11/04/2022 TBT 11/09/2022 DCR 11/09/2022 JN 11/16/2022 11/21/2022 JN DCR 11/21/2022 JN 11/21/2022 JMK 11/21/2022 NL 11/22/2022 AP 11/22/2022 DCR 11/22/2022 DCR 11/22/2022 JN 11/22/2022 JN DESCRIPTION OF SERVICES HOURS Prepare financial advisor workstreams time line and activities, with individual hour estimates Review correspondence from J. McMillian (Weil) re: engagement letter for Morris Walker Update weekly status report Update AlixPartners team workplan to be shared with management Discussion with H.Loiseau, S.Kafiti, M.Sullivan (KServicing) and C.Arthur (Weil) re: professional fee budget. Prepare for professional fee budget meeting. Attend call with D. Rieger-Paganis, J. Nelson (AlixPartners) to discuss case updates Attend call with D. Rieger-Paganis, J. Nelson (AlixPartners) to discuss case updates Email to Z. Shapiro (RLF), N. Hwangpo, E. Ruocco, C. Bentley (all Weil) re: engagement agreement Request certain engagement agreement from S. Kafiti, S. Moss (both KServicing) 1.3 Telephone call with D. Rieger-Paganis, J. Nelson (both AlixPartners) to discuss case updates Telephone call with D. Rieger-Paganis, J. Nelson (both AlixPartners) to discuss case updates Draft December monthly budget and workplan Call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss cash collateral reporting, budget updates, and other liquidity matters Call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss cash collateral reporting, budget updates, and other liquidity matters Call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss cash collateral reporting, budget updates, and other liquidity matters Call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss cash collateral reporting, budget updates, and other liquidity matters Attend meeting with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners) re: filing MOR, KERP and 341A follow up questions from US Trustee Attend meeting with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners) re: filing MOR, KERP and 341A follow up questions from US Trustee Call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis (all AlixPartners) to discuss cash collateral reporting, budget updates, and other liquidity matters Call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis (all AlixPartners) to discuss cash collateral reporting, budget updates, and other liquidity matters Prepared update of professional fees forecast for November 0.4 0.1 0.2 0.4 1.0 0.3 0.5 0.5 0.1 0.1 0.4 1.4 0.5 0.5 0.5 0.5 0.2 0.2 0.3 0.3 0.4 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 3 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: Chapter 11 Process / Case Management 20006554P00002.1.1 DATE 11/22/2022 PROFESSIONAL JMK 11/22/2022 TBT 11/23/2022 DCR 11/23/2022 JN 11/23/2022 JMK 11/23/2022 NL 11/23/2022 11/28/2022 TBT AP 11/28/2022 DESCRIPTION OF SERVICES HOURS Call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis (all AlixPartners) to discuss cash collateral reporting, budget updates, and other liquidity matters Attend meeting with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners) re: filing MOR, KERP and 341A follow up questions from US Trustee Call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss cash collateral reporting, liquidation analysis, and other liquidity matters Call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss cash collateral reporting, liquidation analysis, and other liquidity matters Call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss cash collateral reporting, liquidation analysis, and other liquidity matters Call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss cash collateral reporting, liquidation analysis, and other liquidity matters Update weekly status report Attend call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners) discussing MOR, 341A meeting follow ups, secured and priority claims 0.3 DCR Attend call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners) discussing MOR, 341A meeting follow ups, secured and priority claims 0.5 11/28/2022 DCR 0.5 11/28/2022 11/28/2022 DCR JN 11/28/2022 11/28/2022 JN JMK 11/28/2022 NL 11/28/2022 TBT Call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) re: cash collateral reporting, liquidation analysis, and cost-per-loan analysis updates Respond to requests re: cost-per-loan analysis and claims estimation Call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) re: cash collateral reporting, liquidation analysis, and cost-per-loan analysis updates Prepare engagement team workplan and budget updates Call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) re: cash collateral reporting, liquidation analysis, and cost-per-loan analysis updates Call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) re: cash collateral reporting, liquidation analysis, and cost-per-loan analysis updates Attend call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners) discussing MOR, 341A meeting follow ups, secured and priority claims 11/29/2022 DCR Telephone call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss cash collateral reporting, liquidation analysis, and costper-loan analysis updates 0.5 0.2 0.5 0.5 0.5 0.5 0.1 0.5 0.4 0.5 0.7 0.5 0.5 0.5 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 4 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: Chapter 11 Process / Case Management 20006554P00002.1.1 DATE 11/29/2022 PROFESSIONAL JN 11/29/2022 JMK 11/29/2022 NL 11/30/2022 AP 11/30/2022 DCR 11/30/2022 TBT 11/30/2022 TBT Total Professional Hours DESCRIPTION OF SERVICES Telephone call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss cash collateral reporting, liquidation analysis, and costper-loan analysis updates Telephone call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss cash collateral reporting, liquidation analysis, and costper-loan analysis updates Telephone call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss cash collateral reporting, liquidation analysis, and costper-loan analysis updates Attend call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners) to discuss payroll taxes, contracts and claims process Attend call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners) to discuss payroll taxes, contracts and claims process Attend call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners) to discuss payroll taxes, contracts and claims process Update weekly status report to share with KServicing management HOURS 0.5 0.5 0.5 0.4 0.4 0.4 0.2 20.7 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 5 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: Chapter 11 Process / Case Management 20006554P00002.1.1 PROFESSIONAL Deborah Rieger-Paganis RATE $1,160 HOURS 6.0 James Nelson $945 5.7 5,386.50 Thora B Thoroddsen $880 1.9 1,672.00 John M Katsigeorgis $795 3.6 2,862.00 Anthony Perrella $555 1.5 832.50 Nicholas LoBiondo $555 Total Professional Hours and Fees $ 2.0 20.7 FEES 6,960.00 1,110.00 $ 18,823.00 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 6 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: Cash / Liquidity Matters 20006554P00002.1.3 DATE 11/01/2022 11/01/2022 11/01/2022 PROFESSIONAL AP AP DCR 11/01/2022 11/01/2022 DCR JN 11/01/2022 JN 11/01/2022 JN 11/01/2022 11/01/2022 11/01/2022 JN JN JMK 11/01/2022 JMK 11/01/2022 11/01/2022 JMK JMK 11/01/2022 11/01/2022 11/01/2022 JMK JMK NL 11/01/2022 11/01/2022 11/01/2022 11/02/2022 NL NL NL AP 11/02/2022 11/02/2022 11/02/2022 AP AP AP 11/02/2022 DCR DESCRIPTION OF SERVICES HOURS Develop daily cash analysis Update loan category analysis for Fed diligence requests Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss status of cash collateral reporting, budget updates, and other liquidity matters Follow-up on open items from liquidation analysis review. Telephone call with J. Nelson, J. Katsigeorgis (both AlixPartners) and M. Sullivan (KServicing) re: daily cash report Telephone call with J. Mullaney (KServicing) re: Fed reconciliation of wire payment to weekly paydown files Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss status of cash collateral reporting, budget updates, and other liquidity matters Develop Fed cash collateral order reporting calendar/template Review Fed advisor due diligence response materials Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss status of cash collateral reporting, budget updates, and other liquidity matters Call with T. Williams (KServicing) re: professional fee accruals and pto accruals 1.5 1.6 0.5 Outreach to professionals latest estimates re: cash flow forecasts Telephone call with J. Nelson, J. Katsigeorgis (both AlixPartners) and M. Sullivan (KServicing) re: daily cash report Review forward flows and daily cash activity Update professional fee forecasts and outputs re: cash flow forecasts Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss status of cash collateral reporting, budget updates, and other liquidity matters Revise operating expenses forecast for updated cash flows Update cash collateral reporting template Update cash flow forecast for actuals through 10/28/22 Attend call with D. Walker, T. Williams, J. Mullaney (all KServicing): D. RiegerPaganis, J. Nelson, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss post-petition payments, settlement discussions and open diligence items from Fed Develop daily cash analysis Update loan category analysis for Fed diligence requests Update professional fee budget tracker based on estimates received from professionals Telephone call with C. Arthur, N. Hwangpo, C. Bentley (all Weil), Z. Shapiro (RLF), D. Rieger-Paganis, J. Nelson (both AlixPartners) re: CUBI settlement and cash collateral order 0.7 0.5 0.3 0.5 0.4 0.5 1.2 0.6 0.5 0.2 0.5 1.0 0.5 2.6 1.7 2.6 0.6 1.1 1.4 1.6 0.5 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 7 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: Cash / Liquidity Matters 20006554P00002.1.3 DATE 11/02/2022 PROFESSIONAL DCR 11/02/2022 DCR 11/02/2022 DCR 11/02/2022 JN 11/02/2022 JN 11/02/2022 11/02/2022 JN JN 11/02/2022 JN 11/02/2022 JN 11/02/2022 11/02/2022 JN JMK 11/02/2022 JMK 11/02/2022 JMK 11/02/2022 11/02/2022 JMK NL 11/02/2022 NL 11/02/2022 NL DESCRIPTION OF SERVICES HOURS Attend call with D. Walker, T. Williams, J. Mullaney (all KServicing): D. RiegerPaganis, J. Nelson, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss post-petition payments, settlement discussions and open diligence items from Fed Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss status of cash collateral reporting, liquidity analysis, budget updates, and other liquidity matters Meeting with M. Kennedy, J. Ellis(all Chilmark), D. Rieger-Paganis, J. Nelson, N. LoBiondo, and A. Perrella (all AlixPartners) to discuss Cash Collateral Order reporting updates and timing of deliverables Telephone call with C. Arthur, N. Hwangpo, C. Bentley (all Weil), Z. Shapiro (RLF), D. Rieger-Paganis, J. Nelson (both AlixPartners) re: CUBI settlement and cash collateral order Telephone call J. Nelson, N. LoBiondo (both AlixPartners) re: Cash Collateral Order schedules Telephone call C. Bentley (Weil) re: Cash Collateral Order schedules Attend call with D. Walker, T. Williams, J. Mullaney (all KServicing): D. RiegerPaganis, J. Nelson, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss post-petition payments, settlement discussions and open diligence items from Fed Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss status of cash collateral reporting, liquidity analysis, budget updates, and other liquidity matters Meeting with M. Kennedy, J. Ellis(all Chilmark), D. Rieger-Paganis, J. Nelson, N. LoBiondo, and A. Perrella (all AlixPartners) to discuss Cash Collateral Order reporting updates and timing of deliverables Revise CCO side letter schedules Attend call with D. Walker, T. Williams, J. Mullaney (all KServicing): D. RiegerPaganis, J. Nelson, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss post-petition payments, settlement discussions and open diligence items from Fed Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss status of cash collateral reporting, liquidity analysis, budget updates, and other liquidity matters Review CUBI collections reconciliation and update of post-petition float balances 0.6 Review forward flows and daily cash activity Attend call with D. Walker, T. Williams, J. Mullaney (all KServicing): D. RiegerPaganis, J. Nelson, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss post-petition payments, settlement discussions and open diligence items from Fed Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss status of cash collateral reporting, liquidity analysis, budget updates, and other liquidity matters Document cash flow variances for week-ending 10/28 0.5 0.6 0.5 0.5 0.5 0.3 0.3 0.6 0.5 0.5 0.9 0.6 0.5 0.9 0.5 1.2 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 8 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: Cash / Liquidity Matters 20006554P00002.1.3 DATE 11/02/2022 11/02/2022 PROFESSIONAL NL NL 11/02/2022 NL 11/02/2022 11/03/2022 11/03/2022 NL AP DCR 11/03/2022 DCR 11/03/2022 DCR 11/03/2022 JN 11/03/2022 JN 11/03/2022 JN 11/03/2022 JN 11/03/2022 11/03/2022 11/03/2022 JN JMK JMK 11/03/2022 JMK 11/03/2022 11/03/2022 11/03/2022 JMK JMK JMK 11/03/2022 11/03/2022 JMK NL DESCRIPTION OF SERVICES Finalize cash flow forecast for actuals through 10/28/22 Telephone call J. Nelson, N. LoBiondo (both AlixPartners) re: Cash Collateral Order schedules Meeting with M. Kennedy, J. Ellis(all Chilmark), D. Rieger-Paganis, J. Nelson, N. LoBiondo, and A. Perrella (all AlixPartners) to discuss Cash Collateral Order reporting updates and timing of deliverables Prepare cash flow variance analysis for week-ending 10/28/22 Develop daily cash analysis Telephone call with D. Walker, T. Williams, J. Mullaney, J. Dods, M. Sullivan (all KServicing), D. Rieger-Paganis, J. Nelson, N. LoBiondo (all AlixPartners) to discuss Fed reporting of 3 buckets related to forgiveness and GP Attend call with D. Walker, T. Williams, J. Mullaney (all KServicing), D. RiegerPaganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) re: open diligence items and updates to ongoing case Telephone call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) re: status of cash collateral reporting, budget updates, and other liquidity matters Attend call with J. Nelson, N. LoBiondo (both AlixPartners) re: to discuss cash flow variance reporting Telephone call with D. Walker, T. Williams, J. Mullaney, J. Dods, M. Sullivan (all KServicing), D. Rieger-Paganis, J. Nelson, N. LoBiondo (all AlixPartners) to discuss Fed reporting of 3 buckets related to forgiveness and GP Attend call with D. Walker, T. Williams, J. Mullaney (all KServicing), D. RiegerPaganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) re: open diligence items and updates to ongoing case Telephone call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) re: status of cash collateral reporting, budget updates, and other liquidity matters Develop reporting template for Cash Collateral Order Analyze CUBI and SBA float re: daily cash activity reporting Attend call with D. Walker, T. Williams, J. Mullaney (all KServicing), D. RiegerPaganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) re: open diligence items and updates to ongoing case Telephone call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) re: status of cash collateral reporting, budget updates, and other liquidity matters Prepare outputs, contacts and input sheets re: fee estimate handover to client Prepare responses to counsel re: UK entity winddown payments Review and updated of professional fee actuals and forecast outputs re: cash flow forecasts Review forward flows and daily cash activity Telephone call with D. Walker, T. Williams, J. Mullaney, J. Dods, M. Sullivan (all KServicing), D. Rieger-Paganis, J. Nelson, N. LoBiondo (all AlixPartners) to discuss Fed reporting of 3 buckets related to forgiveness and GP HOURS 2.2 0.3 0.5 2.6 0.9 0.5 0.5 0.5 0.4 0.5 0.5 0.5 0.7 0.7 0.5 0.5 0.8 0.4 0.8 0.5 0.5 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 9 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: Cash / Liquidity Matters 20006554P00002.1.3 DATE 11/03/2022 PROFESSIONAL NL 11/03/2022 NL 11/03/2022 11/03/2022 NL NL 11/03/2022 NL 11/03/2022 NL 11/04/2022 AP 11/04/2022 11/04/2022 AP AP 11/04/2022 DCR 11/04/2022 DCR 11/04/2022 JN 11/04/2022 JN 11/04/2022 JN 11/04/2022 JN 11/04/2022 11/04/2022 JN JMK DESCRIPTION OF SERVICES HOURS Attend call with D. Walker, T. Williams, J. Mullaney (all KServicing), D. RiegerPaganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) re: open diligence items and updates to ongoing case Telephone call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) re: status of cash collateral reporting, budget updates, and other liquidity matters Finalize cash flow forecast variance analysis for week-ending 10/28/22 Attend call with J. Nelson, N. LoBiondo (both AlixPartners) re: to discuss cash flow variance reporting Prepare budget variance analysis reporting package template per Cash Collateral Order reporting requirements Update claims calculation for liquidation analysis for funded and unfunded transaction scenarios Attend call with D. Walker, T. Williams, J. Mullaney (all KServicing), D. RiegerPaganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss loan portfolio reconciliations and post-petition payment reporting Develop daily cash analysis Update professional fee budget tracker based on estimates received from professionals Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss daily cash reporting, budget updates, and other liquidity matters Attend call with D. Walker, T. Williams, J. Mullaney (all KServicing), D. RiegerPaganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss loan portfolio reconciliations and post-petition payment reporting Attend call S. Kafiti, D. Evans, D. Walker, T. Williams (all KServicing), J. Nelson, N. LoBiondo (both AlixPartners) to discuss CUBI collections reconciliation 0.5 Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss daily cash reporting, budget updates, and other liquidity matters Attend call with D. Walker, T. Williams, J. Mullaney (all KServicing), D. RiegerPaganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss loan portfolio reconciliations and post-petition payment reporting Call with J. Nelson and L. LoBiondo (both AlixPartners) to discuss CUBI reconciliation and updated waterfall analysis inputs Review weekly cash flow forecast variance analysis and forecast updates Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss daily cash reporting, budget updates, and other liquidity matters 0.5 0.5 2.1 0.4 2.3 1.4 0.5 1.7 1.4 0.5 0.5 0.5 0.5 0.5 1.0 0.5 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 10 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: Cash / Liquidity Matters 20006554P00002.1.3 DATE 11/04/2022 PROFESSIONAL JMK 11/04/2022 JMK 11/04/2022 11/04/2022 11/04/2022 JMK JMK NL 11/04/2022 NL 11/04/2022 NL 11/04/2022 NL 11/04/2022 NL 11/04/2022 NL 11/04/2022 NL 11/04/2022 11/04/2022 NL TBT 11/07/2022 AP 11/07/2022 AP 11/07/2022 11/07/2022 AP AP 11/07/2022 DCR DESCRIPTION OF SERVICES HOURS Attend call with D. Walker, T. Williams, J. Mullaney (all KServicing), D. RiegerPaganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss loan portfolio reconciliations and post-petition payment reporting Attend call with Katsigeorgis, N. LoBiondo (both AlixPartners) to discuss updated liquidity analysis inputs Prepare professional firm monthly accruals for monthly accounting close Review forward flows and daily cash activity Attend call S. Kafiti, D. Evans, D. Walker, T. Williams (all KServicing), J. Nelson, N. LoBiondo (both AlixPartners) to discuss CUBI collections reconciliation 0.5 Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss daily cash reporting, budget updates, and other liquidity matters Attend call with D. Walker, T. Williams, J. Mullaney (all KServicing), D. RiegerPaganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss loan portfolio reconciliations and post-petition payment reporting Attend call with Katsigeorgis, N. LoBiondo (both AlixPartners) to discuss updated liquidity analysis inputs Call with J. Nelson and L. LoBiondo (both AlixPartners) to discuss CUBI reconciliation and updated waterfall analysis inputs Finalize cash flow forecast variance analysis reporting package for week-ending 10/28/22 Update cash flow forecast with updated PPP and Legacy data and operating expenses per open AP Update cash flow forecast with updated professional fee estimates Attend call with D. Walker, T. Williams, J. Mullaney (all KServicing), D. RiegerPaganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss loan portfolio reconciliations and post-petition payment reporting Attend call T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) re: daily cash collateral and professional fees Attend call with M. Sullivan, D. Walker, T. Williams, J. Mullaney (all KServicing), J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss daily cash collateral liquidation analysis and postpetition payments Develop daily cash analysis Update professional fee tracker schedule based on estimates received from professionals Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss daily cash reporting, budget updates, and other liquidity matters 0.5 0.4 0.6 0.5 0.5 0.5 0.4 0.5 2.3 2.3 1.1 0.5 0.2 0.4 1.1 1.5 0.5 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 11 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: Cash / Liquidity Matters 20006554P00002.1.3 DATE 11/07/2022 PROFESSIONAL JN 11/07/2022 JN 11/07/2022 JN 11/07/2022 JMK 11/07/2022 JMK 11/07/2022 JMK 11/07/2022 11/07/2022 11/07/2022 11/07/2022 JMK JMK JMK NL 11/07/2022 NL 11/07/2022 NL 11/07/2022 NL 11/07/2022 NL 11/07/2022 NL 11/07/2022 NL 11/07/2022 TBT 11/07/2022 TBT DESCRIPTION OF SERVICES Attend call with M. Sullivan, D. Walker, T. Williams, J. Mullaney (all KServicing), J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss daily cash collateral liquidation analysis and postpetition payments Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss daily cash reporting, budget updates, and other liquidity matters Attend call with J. Nelson, N. LoBiondo (both AlixPartners) to discuss liquidity forecast updates Attend call T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) re: daily cash collateral and professional fees Attend call with M. Sullivan, D. Walker, T. Williams, J. Mullaney (all KServicing), J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss daily cash collateral liquidation analysis and postpetition payments Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss daily cash reporting, budget updates, and other liquidity matters Prepare responses re: professional fee accruals re: monthly accounting close Review daily forward flows and daily cash activity Update tracker and handover of professional fee accrual materials Attend call T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) re: daily cash collateral and professional fees Attend call with M. Sullivan, D. Walker, T. Williams, J. Mullaney (all KServicing), J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss daily cash collateral liquidation analysis and postpetition payments Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss daily cash reporting, budget updates, and other liquidity matters Attend call with J. Nelson, N. LoBiondo (both AlixPartners) to discuss liquidity forecast updates Perform cash flow forecast scenario analysis to determine liquidity low point for different CUBI settlement outcomes Update cash flow forecast for actual activity related to operating and non-operating disbursements through 11/4/2022 Update cash flow forecast for actual activity related to PPP and Legacy loans through 11/4/2022 Attend call T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) re: daily cash collateral and professional fees Attend call with M. Sullivan, D. Walker, T. Williams, J. Mullaney (all KServicing), J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss daily cash collateral liquidation analysis and postpetition payments HOURS 0.4 0.5 0.3 0.2 0.4 0.5 0.3 0.5 0.4 0.2 0.4 0.5 0.3 1.1 1.5 2.3 0.2 0.4 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 12 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: Cash / Liquidity Matters 20006554P00002.1.3 DATE 11/08/2022 PROFESSIONAL AP 11/08/2022 11/08/2022 AP DCR 11/08/2022 DCR 11/08/2022 JN 11/08/2022 JN 11/08/2022 JN 11/08/2022 11/08/2022 JN JMK 11/08/2022 JMK 11/08/2022 JMK 11/08/2022 11/08/2022 11/08/2022 11/08/2022 11/08/2022 11/08/2022 11/08/2022 JMK JMK JMK JMK JMK JMK NL 11/08/2022 NL 11/08/2022 11/08/2022 11/08/2022 NL NL NL 11/08/2022 TBT 11/09/2022 AP DESCRIPTION OF SERVICES Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, A. Perrella (all AlixPartners) to discuss daily cash format and updates Develop daily cash analysis Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss cash collateral reporting, budget updates, and other liquidity matters Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, A. Perrella (all AlixPartners) to discuss daily cash format and updates Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss cash collateral reporting, budget updates, and other liquidity matters Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, A. Perrella (all AlixPartners) to discuss daily cash format and updates Telephone call with J. Nelson, N. LoBiondo (both AlixPartners) re: cash collateral reporting updates (AlixPartners) Review and editing of professional fees forecast Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss cash collateral reporting, budget updates, and other liquidity matters Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, A. Perrella (all AlixPartners) to discuss daily cash format and updates Call with M. Sullivan (KServicing) re: actualization of weekly professional fee estimates Prepare reporting formats and schedules re: cash collateral tracking Review daily forward flows and daily cash activity Review historical TSA spend and sub-categories re: liquidation analysis Actualization of weekly professional fee estimates Review latest professional fee estimates re: cash flow forecast Update model architecture re: claims waterfall Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss cash collateral reporting, budget updates, and other liquidity matters Telephone call with J. Nelson, N. LoBiondo (both AlixPartners) re: cash collateral reporting updates (AlixPartners) Finalize updates to cash flow forecast for all actuals through 11/4 Prepare cash flow variance analysis for week-ending 11/4 Telephone call with T. Thoroddsen, N. LoBiondo (both AlixPartners) re: estimated vendor payments and impact of cash flow Telephone call with T. Thoroddsen, N. LoBiondo (both AlixPartners) re: estimated vendor payments and impact of cash flow Attend call with N. LoBiondo, A. Perrella (both AlixPartners) to discuss cash collateral remittance template and update process HOURS 0.3 1.2 0.5 0.3 0.5 0.3 0.7 0.8 0.5 0.3 0.2 1.0 0.5 1.8 0.6 0.8 1.6 0.5 0.7 2.7 2.4 0.2 0.2 0.8 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 13 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: Cash / Liquidity Matters 20006554P00002.1.3 DATE 11/09/2022 PROFESSIONAL AP 11/09/2022 11/09/2022 11/09/2022 AP AP AP 11/09/2022 DCR 11/09/2022 DCR 11/09/2022 JN 11/09/2022 JN 11/09/2022 JN 11/09/2022 JN 11/09/2022 11/09/2022 JN JMK 11/09/2022 JMK 11/09/2022 JMK 11/09/2022 11/09/2022 11/09/2022 11/09/2022 JMK JMK JMK NL 11/09/2022 NL DESCRIPTION OF SERVICES Attend call with M. Sullivan, D. Walker, T. Williams, J. Mullaney (all KServicing), D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss open diligence items, timing of weekly cash collateral reporting and other cash collateral reporting updates Develop daily cash analysis Update PPPLF loan categories analysis based on comments from KServicing Update professional fee tracker schedule based on estimates received from professionals Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss cash collateral reporting updates and cost-per-loan analysis next steps Attend call with M. Sullivan, D. Walker, T. Williams, J. Mullaney (all KServicing), D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss open diligence items, timing of weekly cash collateral reporting and other cash collateral reporting updates Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss cash collateral reporting updates and cost-per-loan analysis next steps Attend call with M. Sullivan, D. Walker, T. Williams, J. Mullaney (all KServicing), D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss open diligence items, timing of weekly cash collateral reporting and other cash collateral reporting updates Call with M. Kennedy (Chilmark) to discuss revisions to loan processing status report for Fed Telephone call with J. Nelson, N. LoBiondo (both AlixPartners) to liquidity model updates Revise cash collateral budget variance report Analyze transfer operations costs in winddown period re: theoretical liquidation analysis Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss cash collateral reporting updates and cost-per-loan analysis next steps Attend call with M. Sullivan, D. Walker, T. Williams, J. Mullaney (all KServicing), D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss open diligence items, timing of weekly cash collateral reporting and other cash collateral reporting updates Prepare support materials re: historical CUBI payments Review daily forward flows and daily cash activity Review latest professional fee forecasts re: cash flow forecast Attend call with N. LoBiondo, A. Perrella (both AlixPartners) to discuss cash collateral remittance template and update process Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss cash collateral reporting updates and cost-per-loan analysis next steps HOURS 0.9 0.9 2.1 1.7 0.5 0.9 0.5 0.9 0.5 0.4 1.2 2.2 0.5 0.9 1.3 0.5 0.9 0.8 0.5 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 14 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: Cash / Liquidity Matters 20006554P00002.1.3 DATE 11/09/2022 PROFESSIONAL NL 11/09/2022 11/09/2022 NL TBT 11/10/2022 11/10/2022 11/10/2022 AP AP DCR 11/10/2022 DCR 11/10/2022 JN 11/10/2022 JN 11/10/2022 JN 11/10/2022 JN 11/10/2022 JN 11/10/2022 JMK 11/10/2022 11/10/2022 11/10/2022 JMK JMK JMK 11/10/2022 11/10/2022 JMK NL 11/10/2022 NL 11/10/2022 NL DESCRIPTION OF SERVICES Attend call with M. Sullivan, D. Walker, T. Williams, J. Mullaney (all KServicing), D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss open diligence items, timing of weekly cash collateral reporting and other cash collateral reporting updates Finalize cash flow forecast variance analysis for week-ending 11/4 Attend call with M. Sullivan, D. Walker, T. Williams, J. Mullaney (all KServicing), D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss open diligence items, timing of weekly cash collateral reporting and other cash collateral reporting updates Develop daily cash analysis Update PPPLF loan categories analysis based on comments from KServicing Telephone call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) re: cash collateral reporting updates and cost-per-loan analysis updates Attend call with D. Rieger-Paganis, J. Nelson, N. LoBiondo (all AlixPartners) to discuss cost-per-loan assumptions Telephone call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) re: cash collateral reporting updates and cost-per-loan analysis updates Attend call with D. Rieger-Paganis, J. Nelson, N. LoBiondo (all AlixPartners) to discuss cost-per-loan assumptions Attend call with M. Kennedy (Chilmark) and J. Nelson, N. LoBiondo (both AlixPartners) to discuss follow up questions from Chilmark on cash collateral reporting Telephone call with J. Nelson, N. LoBiondo (both AlixPartners) re: updates to the cost-per-loan analysis Telephone call with J. Nelson, N. LoBiondo (both AlixPartners) to liquidity model updates Telephone call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) re: cash collateral reporting updates and cost-per-loan analysis updates Prepare outputs and schedules re: cash collateral reporting Prepare support materials re: historical CUBI payments Review and update of professional fee forecasts (cash timing) re: cash flow forecast Review daily forward flows and daily cash activity Telephone call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) re: cash collateral reporting updates and cost-per-loan analysis updates Attend call with D. Rieger-Paganis, J. Nelson, N. LoBiondo (all AlixPartners) to discuss cost-per-loan assumptions Attend call with M. Kennedy (Chilmark) and J. Nelson, N. LoBiondo (both AlixPartners) to discuss follow up questions from Chilmark on cash collateral reporting HOURS 0.9 2.4 0.9 1.3 2.3 0.5 0.4 0.5 0.4 0.3 0.5 0.4 0.5 0.7 0.3 0.6 0.5 0.5 0.4 0.3 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 15 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: Cash / Liquidity Matters 20006554P00002.1.3 DATE 11/10/2022 PROFESSIONAL NL 11/10/2022 11/10/2022 NL NL 11/10/2022 11/10/2022 11/11/2022 NL NL AP 11/11/2022 AP 11/11/2022 11/11/2022 AP DCR 11/11/2022 DCR 11/11/2022 JN 11/11/2022 JN 11/11/2022 JN 11/11/2022 JMK 11/11/2022 JMK 11/11/2022 11/11/2022 11/11/2022 11/11/2022 JMK JMK JMK JMK DESCRIPTION OF SERVICES HOURS Telephone call with J. Nelson, N. LoBiondo (both AlixPartners) re: updates to the cost-per-loan analysis Reforecast PPP and Legacy loan collections for updated cash flow forecast Update cash flow forecast operating and non-operating expenses for cost-per-loan analysis Update cost-per-loan analysis template with revised cash flow forecast inputs Update PPP and Legacy Loan run-off assumptions for cost-per-loan analysis Attend call with M. Sullivan, T. Williams, J. Mullaney (all KServicing): J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss cash collateral reporting updates and AP payment process updates 0.5 Attend call with D. Evans, T. Keefe (all KServicing), D. Rieger-Paganis, J. Nelson, N. LoBiondo, A. Perrella (all AlixPartners) to discuss loan portfolio categorization for diligence requests Develop daily cash analysis Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss cash collateral reporting updates and cost-per-loan analysis updates Attend call with D. Evans, T. Keefe (all KServicing), D. Rieger-Paganis, J. Nelson, N. LoBiondo, A. Perrella (all AlixPartners) to discuss loan portfolio categorization for diligence requests Attend call with M. Sullivan, T. Williams, J. Mullaney (all KServicing): J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss cash collateral reporting updates and AP payment process updates 0.5 Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss cash collateral reporting updates and cost-per-loan analysis updates Attend call with D. Evans, T. Keefe (all KServicing), D. Rieger-Paganis, J. Nelson, N. LoBiondo, A. Perrella (all AlixPartners) to discuss loan portfolio categorization for diligence requests Attend call with M. Sullivan, T. Williams, J. Mullaney (all KServicing): J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss cash collateral reporting updates and AP payment process updates 0.4 Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss cash collateral reporting updates and cost-per-loan analysis updates Review bank activity re: CUBI reconciliation Review daily forward flows and daily cash activity Review float calculations and tracking re: cash collateral reporting Review tracking model and support materials in preparation of new reporting re: cash collateral tracking 0.4 2.5 2.1 2.2 2.1 0.5 0.8 0.4 0.3 0.5 0.5 0.5 0.2 0.5 1.0 1.9 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 16 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: Cash / Liquidity Matters 20006554P00002.1.3 DATE 11/11/2022 PROFESSIONAL NL 11/11/2022 NL 11/11/2022 NL 11/11/2022 11/11/2022 NL TBT 11/11/2022 11/14/2022 TBT AP 11/14/2022 11/14/2022 AP DCR 11/14/2022 DCR 11/14/2022 JN 11/14/2022 JN 11/14/2022 JN 11/14/2022 JN 11/14/2022 11/14/2022 JN JN 11/14/2022 11/14/2022 JN JMK DESCRIPTION OF SERVICES HOURS Attend call with M. Sullivan, T. Williams, J. Mullaney (all KServicing): J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss cash collateral reporting updates and AP payment process updates 0.5 Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss cash collateral reporting updates and cost-per-loan analysis updates Attend call with D. Evans, T. Keefe (all KServicing), D. Rieger-Paganis, J. Nelson, N. LoBiondo, A. Perrella (all AlixPartners) to discuss loan portfolio categorization for diligence requests Finalize initial draft of updated cost-per-loan analysis Attend call with M. Sullivan, T. Williams, J. Mullaney (all KServicing): J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss cash collateral reporting updates and AP payment process updates 0.4 Review updated staffing analysis from D. Evans (KServicing) Attend call with M. Sullivan, T. Williams, J. Mullaney (all KServicing): D. RiegerPaganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss post-petition AP payments, cash collateral reporting updates, and status of other diligence items Develop daily cash analysis Attend call with M. Sullivan, T. Williams, J. Mullaney (all KServicing): D. RiegerPaganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss post-petition AP payments, cash collateral reporting updates, and status of other diligence items Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss cash collateral reporting updates, cost-per-loan analysis updates, and other liquidity matters Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss cash collateral reporting updates, cost-per-loan analysis updates, and other liquidity matters Attend call with M. Sullivan, T. Williams (both KServicing), J. Nelson, N. LoBiondo (both AlixPartners) to discuss CRB remittance calculation Attend call with M. Sullivan, T. Williams, J. Mullaney (all KServicing): D. RiegerPaganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss post-petition AP payments, cash collateral reporting updates, and status of other diligence items Attend call with J. Nelson, N. LoBiondo (both AlixPartners) to review cash collateral reports and discuss calculations of cash collateral interest Develop CCO weekly variance report template Review and editing of PPPLF due diligence responses regarding loan processing status Review CRB remittance details for post-petition remittance Analyze claims, recoveries and valuations re: liquidation analysis 0.1 0.5 0.5 2.4 0.5 0.8 0.5 0.5 0.5 0.4 0.5 0.8 0.5 1.8 0.6 2.2 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 17 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: Cash / Liquidity Matters 20006554P00002.1.3 DATE 11/14/2022 PROFESSIONAL JMK 11/14/2022 JMK 11/14/2022 JMK 11/14/2022 11/14/2022 11/14/2022 JMK JMK NL 11/14/2022 NL 11/14/2022 NL 11/14/2022 NL 11/14/2022 NL 11/14/2022 NL 11/14/2022 TBT 11/15/2022 11/15/2022 AP DCR 11/15/2022 DCR 11/15/2022 11/15/2022 DCR JN 11/15/2022 11/15/2022 JMK JMK DESCRIPTION OF SERVICES Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss cash collateral reporting updates, cost-per-loan analysis updates, and other liquidity matters Attend call with M. Sullivan, T. Williams, J. Mullaney (all KServicing): D. RiegerPaganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss post-petition AP payments, cash collateral reporting updates, and status of other diligence items Prepare exhibits, notes and assumptions for disclosure statement re: liquidation analysis Prepare various scenarios re: liquidation analysis Review daily forward flows and bank account activity reporting Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss cash collateral reporting updates, cost-per-loan analysis updates, and other liquidity matters Attend call with M. Sullivan, T. Williams (both KServicing), J. Nelson, N. LoBiondo (both AlixPartners) to discuss CRB remittance calculation Attend call with M. Sullivan, T. Williams, J. Mullaney (all KServicing): D. RiegerPaganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss post-petition AP payments, cash collateral reporting updates, and status of other diligence items Attend call with J. Nelson, N. LoBiondo (both AlixPartners) to review cash collateral reports and discuss calculations of cash collateral interest Update cash flow forecast for actual activity related to operating and non-operating disbursements through 11/11/2022 Update cash flow forecast for actual activity related to PPP and Legacy loans through 11/11/2022 Attend call with M. Sullivan, T. Williams, J. Mullaney (all KServicing), D. RiegerPaganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss post-petition AP payments, cash collateral reporting updates, and status of other diligence items Develop daily cash analysis Telephone call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) re: cash collateral reporting updates, cost-per-loan analysis updates, and other liquidity matters Review and respond to case related emails including those related to CUBI short pay. Review cash collateral reporting and cost-per-loan analysis updates Telephone call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) re: cash collateral reporting updates, cost-per-loan analysis updates, and other liquidity matters Analyze claims, recoveries and valuations re: liquidation analysis Telephone call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) re: cash collateral reporting updates, cost-per-loan analysis updates, and other liquidity matters HOURS 0.5 0.5 1.0 3.0 0.5 0.5 0.4 0.5 0.8 2.1 2.3 0.5 1.1 0.5 0.8 0.9 0.5 1.9 0.5 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 18 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: Cash / Liquidity Matters 20006554P00002.1.3 DATE 11/15/2022 PROFESSIONAL JMK 11/15/2022 11/15/2022 11/15/2022 JMK JMK NL 11/15/2022 11/15/2022 11/16/2022 NL TBT AP 11/16/2022 11/16/2022 AP DCR 11/16/2022 JN 11/16/2022 JN 11/16/2022 JN 11/16/2022 11/16/2022 11/16/2022 JN JMK JMK 11/16/2022 JMK 11/16/2022 JMK 11/16/2022 11/16/2022 11/16/2022 JMK JMK NL 11/16/2022 NL DESCRIPTION OF SERVICES Prepare exhibits, notes and assumptions for disclosure statement re: liquidation analysis Prepare various scenarios re: liquidation analysis Review daily forward flows and bank account activity reporting Telephone call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) re: cash collateral reporting updates, cost-per-loan analysis updates, and other liquidity matters Finalize updates to cash flow forecast for all actuals through 11/11 Review correspondence from C. Bentley (Weil) re: CUBI settlement status Call with M. Sullivan, T. Williams (all KServicing) J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss cash collateral variance report, PPPLF cash collateral reconciliation and status of other diligence items Develop daily cash analysis Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners)to discuss cash collateral reporting, budget updates, and other liquidity matters Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners)to discuss cash collateral reporting, budget updates, and other liquidity matters Call with J. Mullaney (KServicing) J. Nelson, N. LoBiondo (all AlixPartners)to discuss calculation of excess salt on PPPLF borrower collections Call with M. Sullivan, T. Williams (all KServicing) J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss cash collateral variance report, PPPLF cash collateral reconciliation and status of other diligence items Review and editing of CCO weekly reporting package Analyze claims, recoveries and valuations re: liquidation analysis Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners)to discuss cash collateral reporting, budget updates, and other liquidity matters Call with M. Sullivan, T. Williams (all KServicing) J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss cash collateral variance report, PPPLF cash collateral reconciliation and status of other diligence items Prepare exhibits, notes and assumptions for disclosure statement re: liquidation analysis Prepare various scenarios re: liquidation analysis Review daily forward flows and bank account activity reporting Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners)to discuss cash collateral reporting, budget updates, and other liquidity matters Call with J. Mullaney (KServicing) J. Nelson, N. LoBiondo (all AlixPartners)to discuss calculation of excess salt on PPPLF borrower collections HOURS 1.2 2.5 0.5 0.5 2.2 0.2 0.9 1.2 0.5 0.5 0.5 0.9 1.6 2.0 0.5 0.9 1.0 2.6 0.5 0.5 0.5 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 19 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: Cash / Liquidity Matters 20006554P00002.1.3 DATE 11/16/2022 PROFESSIONAL NL 11/16/2022 TBT 11/17/2022 11/17/2022 AP DCR 11/17/2022 DCR 11/17/2022 JN 11/17/2022 JN 11/17/2022 11/17/2022 11/17/2022 JN JMK JMK 11/17/2022 JMK 11/17/2022 11/17/2022 11/17/2022 JMK JMK NL 11/17/2022 NL 44882 11/17/2022 NL NL 11/18/2022 11/18/2022 11/18/2022 AP AP DCR DESCRIPTION OF SERVICES Call with M. Sullivan, T. Williams (all KServicing) J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss cash collateral variance report, PPPLF cash collateral reconciliation and status of other diligence items Call with M. Sullivan, T. Williams (all KServicing) J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss cash collateral variance report, PPPLF cash collateral reconciliation and status of other diligence items Develop daily cash analysis Call with M. Kennedy, J. Ellis(all Chilmark) D. Rieger-Paganis, J. Nelson, N. LoBiondo (all AlixPartners) to discuss cash collateral interest calculation and other cash collateral reporting updates Call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss cash collateral reporting, budget updates, and other liquidity matters Call with M. Kennedy, J. Ellis(all Chilmark) D. Rieger-Paganis, J. Nelson, N. LoBiondo (all AlixPartners) to discuss cash collateral interest calculation and other cash collateral reporting updates Call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss cash collateral reporting, budget updates, and other liquidity matters Call with J. Nelson, N. LoBiondo (all AlixPartners) to discuss CCO reporting Analyze claims, recoveries and valuations re: liquidation analysis Call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss cash collateral reporting, budget updates, and other liquidity matters Prepare exhibits, notes and assumptions for disclosure statement re: liquidation analysis Prepare various scenarios re: liquidation analysis Review daily forward flows and bank account activity reporting Call with M. Kennedy, J. Ellis(all Chilmark) D. Rieger-Paganis, J. Nelson, N. LoBiondo (all AlixPartners) to discuss cash collateral interest calculation and other cash collateral reporting updates Call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss cash collateral reporting, budget updates, and other liquidity matters Call with J. Nelson, N. LoBiondo (all AlixPartners) to discuss CCO reporting Update cash flow forecast assumptions and reforecasting of legacy and PPP loan portfolios Develop daily cash analysis Update professional fee tracker based on estimates received from professionals Call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss cash collateral reporting, budget updates, and other liquidity matters HOURS 0.9 0.9 1.4 1.0 0.5 1.0 0.5 0.4 2.4 0.5 0.5 2.8 0.5 1.0 0.5 0.4 2.8 0.9 1.0 0.5 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 20 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: Cash / Liquidity Matters 20006554P00002.1.3 DATE 11/18/2022 PROFESSIONAL JN 11/18/2022 JN 11/18/2022 JN 11/18/2022 11/18/2022 JMK JMK 11/18/2022 JMK 11/18/2022 11/18/2022 11/18/2022 JMK JMK NL 11/18/2022 NL 11/18/2022 NL 11/21/2022 AP 11/21/2022 11/21/2022 AP JN 11/21/2022 JN 11/21/2022 JN 11/21/2022 JN 11/21/2022 11/21/2022 JN JN DESCRIPTION OF SERVICES Call with M. Kennedy, J. Ellis(all Chilmark) B. Parker, D. Xu (all Federal Reserve Bank) J. Nelson, N. LoBiondo (all AlixPartners) to discuss cash collateral interest calculation and cash collateral remittance reconciliation Call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss cash collateral reporting, budget updates, and other liquidity matters Telephone call with J. Nelson, N. LoBiondo (all AlixPartners) to discuss cash collateral remittance reconciliation Analyze claims, recoveries and valuations re: liquidation analysis Call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss cash collateral reporting, budget updates, and other liquidity matters Prepare exhibits, notes and assumptions for disclosure statement re: liquidation analysis Prepare various scenarios re: liquidation analysis Review daily forward flows and bank account activity reporting Call with M. Kennedy, J. Ellis(all Chilmark) B. Parker, D. Xu (all Federal Reserve Bank) J. Nelson, N. LoBiondo (all AlixPartners) to discuss cash collateral interest calculation and cash collateral remittance reconciliation Call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss cash collateral reporting, budget updates, and other liquidity matters Telephone call with J. Nelson, N. LoBiondo (all AlixPartners) to discuss cash collateral remittance reconciliation Call with M. Sullivan, T. Williams, I. Naraine(all KServicing) J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss CUBl reconciliation status, cash collateral reporting updates, and other diligence items Develop daily cash analysis Call with M. Kennedy, J. Ellis (all Chilmark) B. Parker, D. Xu (all Federal Reserve Bank), J. Nelson, N. LoBiondo (all AlixPartners) to discuss cash collateral remittance report reconciliation and updated interest calculation Call with S. Kafiti, D. Evans, L. Milner(all KServicing) J. Nelson, N. LoBiondo (all AlixPartners) to discuss cost-per-loan analysis winddown cost assumptions and next steps Call with M. Sullivan, T. Williams, I. Naraine(all KServicing) J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss CUBl reconciliation status, cash collateral reporting updates, and other diligence items Call with J. Nelson, N. LoBiondo (all AlixPartners) to discuss cost-per-loan analysis and updated cash collateral reporting Research of potential additional data needs from SBA Review and editing of weekly cash collateral order reporting HOURS 0.7 0.5 0.5 2.1 0.5 1.0 3.0 0.5 0.7 0.5 0.5 0.5 1.2 0.5 0.5 0.5 0.6 0.7 1.2 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 21 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: Cash / Liquidity Matters 20006554P00002.1.3 DATE 11/21/2022 PROFESSIONAL JMK 11/21/2022 11/21/2022 11/21/2022 JMK JMK NL 11/21/2022 NL 11/21/2022 NL 11/21/2022 NL 11/21/2022 NL 11/21/2022 NL 11/21/2022 TBT 11/22/2022 11/22/2022 11/22/2022 AP AP JN 11/22/2022 JN 11/22/2022 11/22/2022 JMK NL 11/23/2022 AP 11/23/2022 11/23/2022 AP DCR 11/23/2022 JN DESCRIPTION OF SERVICES Call with M. Sullivan, T. Williams, I. Naraine(all KServicing) J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss CUBl reconciliation status, cash collateral reporting updates, and other diligence items Review cash collateral reporting and float roll-forward calculations Review daily cash reporting and forward flow remittances Call with M. Kennedy, J. Ellis (all Chilmark) B. Parker, D. Xu (all Federal Reserve Bank), J. Nelson, N. LoBiondo (all AlixPartners) to discuss cash collateral remittance report reconciliation and updated interest calculation Call with S. Kafiti, D. Evans, L. Milner(all KServicing) J. Nelson, N. LoBiondo (all AlixPartners) to discuss cost-per-loan analysis winddown cost assumptions and next steps Call with M. Sullivan, T. Williams, I. Naraine(all KServicing) J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss CUBl reconciliation status, cash collateral reporting updates, and other diligence items Call with J. Nelson, N. LoBiondo (all AlixPartners) to discuss cost-per-loan analysis and updated cash collateral reporting Update cash flow forecast for actual activity related to operating and non-operating disbursements through 11/18/2022 Update cash flow forecast for actual activity related to PPP and Legacy loans through 11/18/2022 Call with M. Sullivan, T. Williams, I. Naraine(all KServicing) J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss CUBl reconciliation status, cash collateral reporting updates, and other diligence items Develop daily cash analysis Update professional fee tracker based on estimates received from professionals Prepare cost-per-loan step plan and input instructions/template for KServicing management team Telephone call with J. Nelson, N. LoBiondo (all AlixPartners) re: budget variance analysis for week-ended 11/18 Review daily cash reporting and forward flow remittances Telephone call with J. Nelson, N. LoBiondo (all AlixPartners) re: budget variance analysis for week-ended 11/18 Attend call with M. Sullivan, T. Williams (all KServicing), D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss variance report and updated monthly financials Develop daily cash analysis Attend call with M. Sullivan, T. Williams (all KServicing), D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss variance report and updated monthly financials Attend call with M. Sullivan, T. Williams (all KServicing), D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss variance report and updated monthly financials HOURS 0.5 1.5 0.5 0.5 0.5 0.5 0.6 2.8 2.4 0.5 1.1 1.4 2.2 0.6 0.5 0.6 0.5 1.2 0.5 0.5 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 22 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: Cash / Liquidity Matters 20006554P00002.1.3 DATE 11/23/2022 PROFESSIONAL JN 11/23/2022 JMK 11/23/2022 11/23/2022 JMK NL 11/23/2022 TBT 11/28/2022 11/28/2022 AP JN 11/28/2022 JN 11/28/2022 11/28/2022 11/28/2022 JN JMK NL 11/28/2022 NL 11/28/2022 NL 11/28/2022 11/29/2022 11/29/2022 11/29/2022 TBT AP AP JN 11/29/2022 JN 11/29/2022 JN 11/29/2022 11/29/2022 11/29/2022 11/29/2022 11/29/2022 JN JN JMK JMK NL DESCRIPTION OF SERVICES Prepare cost-per-loan step plan and input instructions/template for KServicing management team Attend call with M. Sullivan, T. Williams (all KServicing), D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss variance report and updated monthly financials Review daily cash reporting and forward flow remittances Attend call with M. Sullivan, T. Williams (all KServicing), D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss variance report and updated monthly financials Attend call with M. Sullivan, T. Williams (all KServicing), D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss variance report and updated monthly financials Develop daily cash analysis Telephone call with J. Nelson, N. LoBiondo (all AlixPartners) re: cost-per-loan analysis winddown cost updates and template Review and editing of cost-per-loan assumptions input template for management team working sessions Review and editing of weekly variance report Review daily cash reporting and forward flow remittances Telephone call with J. Nelson, N. LoBiondo (all AlixPartners) re: cost-per-loan analysis winddown cost updates and template Update cash flow forecast for actual activity related to operating and non-operating disbursements through 11/18/2022 Update cash flow forecast for actual activity related to PPP and Legacy loans through 11/25/2022 Review letter to Hon. Craig T. Goldblatt re: status of CUBI settlement payment Develop daily cash analysis Update Professional Fee tracker based on estimates received from professionals Attend call with M. Kennedy, J. Ellis(all Chilmark) J. Nelson, N. LoBiondo (all AlixPartners) to discuss budget variance analysis and other cash collateral order reporting from week-ended 11/18/22 Attend call with M. Sullivan, J. Mullaney, D. Evans, J. Dods,T. Keefe, S. Haliburton(all KServicing) J. Nelson, N. LoBiondo (all AlixPartners) to discuss Fed questions regarding 1502 reports Telephone call with J. Nelson, N. LoBiondo (all AlixPartners) to discuss Fed cash collateral reporting reconciliation and reporting open items Prepare responses to 1502 report questions/requests from PPPLF Review and editing of weekly Fed remittance reporting Review daily cash reporting and forward flow remittances Review professional fee tracking and updates to payment timing schedule Attend call with M. Kennedy, J. Ellis(all Chilmark) J. Nelson, N. LoBiondo (all AlixPartners) to discuss budget variance analysis and other cash collateral order reporting from week-ended 11/18/22 HOURS 1.5 0.5 0.5 0.5 0.5 1.2 0.8 1.9 0.7 0.5 0.8 2.4 2.3 0.4 1.4 1.6 0.7 0.5 0.5 0.6 0.8 0.7 1.0 0.7 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 23 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: Cash / Liquidity Matters 20006554P00002.1.3 DATE 11/29/2022 PROFESSIONAL NL 11/29/2022 NL 11/29/2022 11/29/2022 NL TBT 11/30/2022 AP 11/30/2022 AP 11/30/2022 11/30/2022 11/30/2022 DESCRIPTION OF SERVICES HOURS Attend call with M. Sullivan, J. Mullaney, D. Evans, J. Dods,T. Keefe, S. Haliburton(all KServicing) J. Nelson, N. LoBiondo (all AlixPartners) to discuss Fed questions regarding 1502 reports Telephone call with J. Nelson, N. LoBiondo (all AlixPartners) to discuss Fed cash collateral reporting reconciliation and reporting open items Finalize updates to cash flow forecast for actuals through 11/25 Email to N. LoBiondo (AlixPartners) re: outstanding vendor payments for updated cash flow forecast Attend call with J. Katsigeorgis, A. Perrella (all AlixPartners) to discuss updated professional fee tracking analysis Attend call to discuss variance report and 1502 report requests with M. Sullivan, T. Williams, S. Haliburton (all KServicing) D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) 0.5 AP AP DCR Develop daily cash analysis Update Professional Fee tracker based on estimates received from professionals Attend call to discuss variance report and 1502 report requests with M. Sullivan, T. Williams, S. Haliburton (all KServicing) D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) 0.9 1.2 0.4 11/30/2022 DCR 1.0 11/30/2022 DCR 11/30/2022 JN Call with D. Rieger-Paganis, J. Nelson, N. LoBiondo (all AlixPartners) to discuss updated cash collateral budget Call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss updates to cash collateral reporting, liquidation analysis, and cost-per-loan analysis Attend call to discuss variance report and 1502 report requests with M. Sullivan, T. Williams, S. Haliburton (all KServicing) D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) 11/30/2022 JN 0.6 11/30/2022 JN 11/30/2022 JN 11/30/2022 JN 11/30/2022 11/30/2022 11/30/2022 11/30/2022 JN JN JN JMK Call with M. Kennedy, J. Ellis(all Chilmark) B. Parker, D. Xu(all Federal Reserve Bank) J. Nelson, N. LoBiondo (all AlixPartners) to discuss FRB 11/18/22 remittance report reconciliation and other diligence items Call with D. Rieger-Paganis, J. Nelson, N. LoBiondo (all AlixPartners) to discuss updated cash collateral budget Call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss updates to cash collateral reporting, liquidation analysis, and cost-per-loan analysis Telephone call with J. Nelson, N. LoBiondo (all AlixPartners) to discuss budget variance analysis and updated cash collateral budget Conduct Fed remittance reconciliation follow-up research Conduct research into unpledged PPP loans Review updated functional headcount details from management Attend call with J. Katsigeorgis, A. Perrella (all AlixPartners) to discuss updated professional fee tracking analysis 0.5 2.5 0.1 0.5 0.4 0.5 0.4 1.0 0.5 0.8 0.9 0.7 0.4 0.5 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 24 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: Cash / Liquidity Matters 20006554P00002.1.3 DATE 11/30/2022 PROFESSIONAL JMK 11/30/2022 JMK 11/30/2022 JMK 11/30/2022 11/30/2022 JMK NL 11/30/2022 NL 11/30/2022 NL 11/30/2022 NL 11/30/2022 NL 11/30/2022 NL 11/30/2022 TBT 11/30/2022 TBT Total Professional Hours DESCRIPTION OF SERVICES Attend call with M. Sullivan, T. Williams, S. Haliburton (all KServicing) D. RiegerPaganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss variance report and 1502 report requests Call to discuss updates to cash collateral reporting, liquidation analysis, and costper-loan analysis with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) Reorganization of professional fee tracking and updates with most recent advisor estimates Review daily cash reporting and forward flow remittances Attend call with T. Thoroddsen, N. LoBiondo (all AlixPartners) discussing certain vendor payments for cash flow forecasting Attend call with M. Sullivan, T. Williams, S. Haliburton (all KServicing) D. RiegerPaganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss variance report and 1502 report requests Call with M. Kennedy, J. Ellis(all Chilmark) B. Parker, D. Xu(all Federal Reserve Bank) J. Nelson, N. LoBiondo (all AlixPartners) to discuss FRB 11/18/22 remittance report reconciliation and other diligence items Call with D. Rieger-Paganis, J. Nelson, N. LoBiondo (all AlixPartners) to discuss updated cash collateral budget Call to discuss updates to cash collateral reporting, liquidation analysis, and costper-loan analysis with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) Telephone call with J. Nelson, N. LoBiondo (all AlixPartners) to discuss budget variance analysis and updated cash collateral budget Attend call with T. Thoroddsen, N. LoBiondo (all AlixPartners) discussing certain vendor payments for cash flow forecasting Attend call with M. Sullivan, T. Williams, S. Haliburton (all KServicing) D. RiegerPaganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss variance report and 1502 report requests HOURS 0.4 0.5 1.2 0.5 0.4 0.4 0.6 1.0 0.5 0.8 0.4 0.4 313.2 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 25 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: Cash / Liquidity Matters 20006554P00002.1.3 PROFESSIONAL Deborah Rieger-Paganis RATE $1,160 HOURS 17.8 James Nelson $945 56.2 Thora B Thoroddsen $880 6.7 5,896.00 John M Katsigeorgis $795 80.5 63,997.50 Anthony Perrella $555 49.7 27,583.50 Nicholas LoBiondo $555 102.3 Total Professional Hours and Fees 313.2 $ FEES 20,648.00 53,109.00 56,776.50 $ 228,010.50 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 26 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: Communication & Meetings with Interested Parties 20006554P00002.1.4 DATE 11/03/2022 PROFESSIONAL AP 11/03/2022 JN 11/03/2022 11/03/2022 11/09/2022 JN JN DCR 11/09/2022 JN 11/28/2022 DCR 11/28/2022 JN Total Professional Hours DESCRIPTION OF SERVICES Attend call with S. Haliburton, (KServicing), J. Nelson. A. Perrella (both AlixPartners) to discuss bi-weekly forgiveness status report for Fed Attend call with S. Haliburton, (KServicing), J. Nelson. A. Perrella (both AlixPartners) to discuss bi-weekly forgiveness status report for Fed Review and editing of loan processing status table for Fed Review bi-weekly forgiveness status report for Fed Attend call with (Momentus): J. Almada (AlixPartners): D. Rieger-Paganis, J. Nelson to discuss interest in potential transfer of loan servicing Attend call with (Momentus): J. Almada (AlixPartners): D. Rieger-Paganis, J. Nelson to discuss interest in potential transfer of loan servicing Attend call with N. Hwangpo, C. Bentley, E. Ruocco (all Weil) Z. Shapiro (all RLF) L. Milner, S. Kafiti, M. Sullivan (all KServicing) D. Rieger-Paganis, J. Nelson (all AlixPartners) to discuss CUBI settlement payment, MOR, cost-per-loan analysis, and court hearing timeline Attend call with N. Hwangpo, C. Bentley, E. Ruocco (all Weil) Z. Shapiro (all RLF) L. Milner, S. Kafiti, M. Sullivan (all KServicing) D. Rieger-Paganis, J. Nelson (all AlixPartners) to discuss CUBI settlement payment, MOR, cost-per-loan analysis, and court hearing timeline HOURS 0.8 0.8 1.1 0.4 0.5 0.5 0.4 0.4 4.9 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 27 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: Communication & Meetings with Interested Parties 20006554P00002.1.4 PROFESSIONAL Deborah Rieger-Paganis RATE $1,160 HOURS 0.9 FEES 1,044.00 James Nelson $945 3.2 3,024.00 Anthony Perrella $555 0.8 Total Professional Hours and Fees 4.9 444.00 $ 4,512.00 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 28 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: U.S. Trustee / Court Reporting Requirements 20006554P00002.1.5 DATE 11/01/2022 11/01/2022 11/01/2022 PROFESSIONAL AP JN JMK 11/02/2022 AP 11/02/2022 AP 11/02/2022 11/02/2022 AP DCR 11/02/2022 DCR 11/02/2022 DESCRIPTION OF SERVICES HOURS Update 2015.3 report per comments from AlixPartners and Weil team members Review Kabbage solicitation procedures motion Preparation initial draft of notes and comments re: theoretical liquidation analysis 2.2 0.8 1.8 Telephone call with D. Rieger-Paganis, A. Perrella (both AlixPartners) to discuss filing of 2015.3 report and open diligence items from Fed Attend call with D. Walker, T. Williams, J. Mullaney (all KServicing): D. RiegerPaganis, J. Nelson, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss open diligence items, settlement discussions and 2015.3 report 0.3 Finalize 2015.3 report to be filed Telephone call with D. Rieger-Paganis, A. Perrella (both AlixPartners) to discuss filing of 2015.3 report and open diligence items from Fed Attend call with D. Walker, T. Williams, J. Mullaney (all KServicing): D. RiegerPaganis, J. Nelson, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss open diligence items, settlement discussions and 2015.3 report 1.4 0.3 JN Attend call with D. Walker, T. Williams, J. Mullaney (all KServicing): D. RiegerPaganis, J. Nelson, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss open diligence items, settlement discussions and 2015.3 report 0.5 11/02/2022 11/02/2022 JMK JMK Analyze scheduled GUC claims re: disclosure statement Attend call with D. Walker, T. Williams, J. Mullaney (all KServicing): D. RiegerPaganis, J. Nelson, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss open diligence items, settlement discussions and 2015.3 report 1.3 0.5 11/02/2022 11/02/2022 11/02/2022 JMK JMK NL Prepare liquidation analysis for unfunded case scenario re: disclosure statement Prepare transfer costs analysis re: disclosure statement Attend call with D. Walker, T. Williams, J. Mullaney (all KServicing): D. RiegerPaganis, J. Nelson, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss open diligence items, settlement discussions and 2015.3 report 1.7 1.8 0.5 11/03/2022 AP 0.5 11/03/2022 AP 11/03/2022 11/03/2022 AP AP 11/03/2022 DCR Attend call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners) to discuss post-petition payments Telephone call with D. Walker (Servicing), T. Thoroddsen, A. Perrella (both AlixPartners) to discuss post-petition payments Develop template for monthly operating report to be shared with finance team Telephone call with T. Thoroddsen, A. Perrella (both AlixPartners) re: 2015.3 Report Attend call with Z. Shapiro (RLF), L. Milner, H. Loiseau, S. Kafiti, D. Walker, M. Sullivan (all KServicing) and D. Rieger-Paganis, J. Nelson (both AlixPartners) re: CUBI settlement, DS motion, cash collateral order, and upcoming hearing 11/03/2022 DCR Attend call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners) to discuss post-petition payments 0.5 0.5 0.5 0.4 1.2 0.1 0.8 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 29 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: U.S. Trustee / Court Reporting Requirements 20006554P00002.1.5 DATE 11/03/2022 11/03/2022 11/03/2022 PROFESSIONAL DCR DCR JN 11/03/2022 11/03/2022 JMK TBT 11/03/2022 TBT 11/03/2022 11/03/2022 11/03/2022 TBT TBT TBT 11/03/2022 11/03/2022 11/03/2022 11/03/2022 TBT TBT TBT TBT 11/03/2022 11/03/2022 11/03/2022 TBT TBT TBT 11/03/2022 11/03/2022 11/04/2022 TBT TBT AP 11/04/2022 DCR 11/04/2022 JN 11/04/2022 JN 11/04/2022 JMK 11/04/2022 JMK 11/04/2022 JMK 11/04/2022 JMK DESCRIPTION OF SERVICES HOURS Respond to requests re: CUBI settlement documentation. Respond to requests re: DS motion and cash collateral order Attend call with Z. Shapiro (RLF), L. Milner, H. Loiseau, S. Kafiti, D. Walker, M. Sullivan (all KServicing) and D. Rieger-Paganis, J. Nelson (both AlixPartners) re: CUBI settlement, DS motion, cash collateral order, and upcoming hearing 0.3 0.5 0.8 Review and update of exhibit assumptions and notes re: disclosure statement Attend call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (both AlixPartners) to discuss post-petition payments Telephone call with D. Walker (KServicing), T. Thoroddsen, A. Perrella (both AlixPartners) to discuss post-petition payments Create analysis format for payments against 1st Day Motions Email to E. Ruocco (Weil) re: 2015.3 report Research shareholder information to respond to correspondence from S. Kafiti (KServicing) Respond to E. Ruocco (Weil) correspondence re: NY Life Respond to E. Ruocco (Weil) question re: 2015.3 Report Respond to S. Kafiti (KServicing) re: certain shareholder information Review correspondence from K. Kafiti (KServicing) re: certain shareholder correspondence Review final order approving wage motion Review latest 2015.3 report Telephone call with T. Thoroddsen, A. Perrella (both AlixPartners) re: 2015.3 Report Telephone call with S. Moss (KServicing) re: shareholder transfers Telephone call with K. Steverson (Omni) re: notifications Attend call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners) to discuss post-petition payment reporting and daily cash updates Attend call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners) to discuss post-petition payment reporting and daily cash updates Attend call to discuss 341A meeting, payment against 1st day motions, cash collateral order (Weil): N. Hwangpo, B. Chase, E. Ruocco (RLF): Z. Shapiro (AlixPartners): J. Nelson, T. Thoroddsen Attend call with D. Evans (KServicing), J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss winddown transfer costs assumptions for liquidation analysis Attend call with D. Evans (KServicing), J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss winddown transfer costs assumptions for liquidation analysis Prepare draft notes and comments for unfunded scenario re: theoretical liquidation analysis Review historical loan servicing systems and personnel costs spend re: theoretical liquidation analysis Update claims waterfall assumptions re: theoretical liquidation analysis 1.1 0.5 0.4 2.1 0.1 0.4 0.1 0.1 0.1 0.1 0.2 0.2 0.1 0.3 0.1 0.5 0.5 0.4 0.5 0.5 1.1 1.3 0.9 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 30 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: U.S. Trustee / Court Reporting Requirements 20006554P00002.1.5 DATE 11/04/2022 PROFESSIONAL JMK 11/04/2022 NL 11/04/2022 TBT 11/04/2022 TBT 11/04/2022 11/04/2022 11/04/2022 11/04/2022 TBT TBT TBT TBT 11/04/2022 11/04/2022 11/04/2022 11/04/2022 11/04/2022 TBT TBT TBT TBT TBT 11/04/2022 TBT 11/04/2022 11/04/2022 11/04/2022 11/05/2022 TBT TBT TBT DCR 11/05/2022 11/05/2022 JMK JMK 11/05/2022 11/07/2022 JMK AP 11/07/2022 AP 11/07/2022 11/07/2022 AP DCR 11/07/2022 JMK 11/07/2022 11/07/2022 JMK JMK DESCRIPTION OF SERVICES HOURS Update model architecture for new waterfall outputs and counsel feedback re: theoretical liquidation analysis Attend call with D. Evans (KServicing), J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss winddown transfer costs assumptions for liquidation analysis Attend call to discuss 341A meeting, payment against 1st day motions, cash collateral order (Weil): N. Hwangpo, B. Chase, E. Ruocco (RLF): Z. Shapiro (AlixPartners): J. Nelson, T. Thoroddsen Attend call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners) to discuss post-petition payment reporting and daily cash updates Email to C. Bentley (Weil) re: transfers of shares Email to D. Walker (KServicing) re: 341A meeting Email to J. Mullaney (KServicing) re: needed borrower information Email to K. Steverson (Omni) re: updated contact information for certain shareholders Respond to follow up question from L. Castillo (Weil) re: KERP Respond to questions from L. Castillo (Weil) re: KERP payments Review call log from N. Panameno (Omni) Review correspondence from D. Walker (KServicing) re: UDA request Review correspondence from M. Milana (Weil) re: publication for bar date notice 2.0 Send payment analysis against 1st Day Motions to E. Ruocco (Weil) for our discussion Send revised payment summary against 1st Day Motion to E. Ruocco (Weil) Telephone call with E. Ruocco (Weil) re: payments against first day motions Update payment analysis against 1st Day Motions Meeting with N. Hwangpo, E. Ruocco (all Weil), Z. Shapiro(RLF), D. RiegerPaganis, J. Katsigeorgis (both AlixPartners) re: liquidation claims waterfall Analyze priority claims re: disclosure statement Meeting with N. Hwangpo, E. Ruocco (all Weil), Z. Shapiro(RLF), D. RiegerPaganis, J. Katsigeorgis (both AlixPartners) re: liquidation claims waterfall Review notes for liquidation analysis re: disclosure statement Attend call to discuss post-petition payments reporting requirements (AlixPartners): D. Rieger-Paganis, T. Thoroddsen, A. Perrella Attend call to discuss preparation for 341A Meeting (KServicing): M. Sullivan, D. Walker (AlixPartners): T. Thoroddsen, A. Perrella Develop template for MOR report to be filed Attend call to discuss post-petition payments reporting requirements (AlixPartners): D. Rieger-Paganis, T. Thoroddsen, A. Perrella Preparation and update of notes and assumptions explanations re: disclosure statement Prepare new reporting format and reconciliation of CUBI post-petition float Update liquidation analysis for alternative funding scenario re: disclosure statement 0.1 0.5 0.4 0.5 0.1 0.1 0.1 0.1 0.1 0.2 0.1 0.1 0.1 0.1 0.2 0.3 0.5 1.1 0.5 1.2 0.3 1.6 1.4 0.3 1.6 1.2 2.8 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 31 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: U.S. Trustee / Court Reporting Requirements 20006554P00002.1.5 DATE 11/07/2022 PROFESSIONAL NL 11/07/2022 NL 11/07/2022 TBT 11/07/2022 TBT 11/07/2022 11/07/2022 11/07/2022 11/07/2022 TBT TBT TBT TBT 11/07/2022 TBT 11/08/2022 AP 11/08/2022 AP 11/08/2022 11/08/2022 AP DCR 11/08/2022 DCR 11/08/2022 DCR 11/08/2022 JN DESCRIPTION OF SERVICES HOURS Create cash collateral remittance reporting and KServicing PPP loan payment reporting templates Create cash collateral tracking and support file for cash collateral order reporting 1.4 Attend call to discuss post-petition payments reporting requirements (AlixPartners): D. Rieger-Paganis, T. Thoroddsen, A. Perrella Attend call to discuss preparation for 341A Meeting (KServicing): M. Sullivan, D. Walker (AlixPartners): T. Thoroddsen, A. Perrella Email to D. Walker (KServicing) re: 341A Meeting Finalize payments against 1st Day Motions Organize documents for 341A meeting. Review correspondence from S. Moss (KServicing) re: Insperity insurance policies 0.3 Send summary of payments against 1st Day motions to T. Williams, D. Walker, M. Sullivan (all KServicing) Attend call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners) to discuss cash collateral hearing and 341 meeting preparation (AlixPartners): 0.1 Attend call to discuss KServicing loan portfolio diligence and cash collateral reporting updates (KServicing): D. Evans, T. Keefe(Weil): N. Hwangpo(Chilmark): M. Kennedy, J. Ellis(Cleary): L. Schweitzer, R. Minott(Federal Reserve Bank): J. Strazanac, B. Parker, D. Xu, A. Belka, T. Mills, A. Ricketts, S. Aschenbrenner, M. Nelson, N. Balk(AlixPartners): D. RiegerPaganis, J. Nelson, N. LoBiondo, A. Perrella Develop template for MOR report to be filed Attend call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners) to discuss cash collateral hearing and 341 meeting preparation (AlixPartners): 0.5 Attend call with M. Kennedy, J. Ellis (Chilmark): D. Rieger-Paganis, J. Nelson, N. LoBiondo (all AlixPartners) to discuss cash collateral reporting template and timing of deliverables Attend call to discuss KServicing loan portfolio diligence and cash collateral reporting updates (KServicing): D. Evans, T. Keefe(Weil): N. Hwangpo(Chilmark): M. Kennedy, J. Ellis(Cleary): L. Schweitzer, R. Minott(Federal Reserve Bank): J. Strazanac, B. Parker, D. Xu, A. Belka, T. Mills, A. Ricketts, S. Aschenbrenner, M. Nelson, N. Balk(AlixPartners): D. RiegerPaganis, J. Nelson, N. LoBiondo, A. Perrella Attend call with M. Kennedy, J. Ellis(Chilmark): D. Rieger-Paganis, J. Nelson, N. LoBiondo (all AlixPartners) to discuss cash collateral reporting template and timing of deliverables 0.5 1.3 1.6 0.1 0.2 0.7 0.1 0.5 1.2 0.5 0.5 0.5 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 32 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: U.S. Trustee / Court Reporting Requirements 20006554P00002.1.5 DATE 11/08/2022 PROFESSIONAL JN 11/08/2022 11/08/2022 JMK NL 11/08/2022 NL 11/08/2022 11/08/2022 NL TBT 11/08/2022 DESCRIPTION OF SERVICES HOURS Attend call to discuss KServicing loan portfolio diligence and cash collateral reporting updates (KServicing): D. Evans, T. Keefe(Weil): N. Hwangpo(Chilmark): M. Kennedy, J. Ellis(Cleary): L. Schweitzer, R. Minott(Federal Reserve Bank): J. Strazanac, B. Parker, D. Xu, A. Belka, T. Mills, A. Ricketts, S. Aschenbrenner, M. Nelson, N. Balk(AlixPartners): D. RiegerPaganis, J. Nelson, N. LoBiondo, A. Perrella Prepare schedule of GUC claims re: theoretical liquidation analysis Attend call with M. Kennedy, J. Ellis(Chilmark): D. Rieger-Paganis, J. Nelson, N. LoBiondo (all AlixPartners) to discuss cash collateral reporting template and timing of deliverables Attend call to discuss KServicing loan portfolio diligence and cash collateral reporting updates (KServicing): D. Evans, T. Keefe(Weil): N. Hwangpo(Chilmark): M. Kennedy, J. Ellis(Cleary): L. Schweitzer, R. Minott(Federal Reserve Bank): J. Strazanac, B. Parker, D. Xu, A. Belka, T. Mills, A. Ricketts, S. Aschenbrenner, M. Nelson, N. Balk(AlixPartners): D. RiegerPaganis, J. Nelson, N. LoBiondo, A. Perrella Prepare budget variance report template for cash collateral order reporting Attend call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners) to discuss cash collateral hearing and 341 meeting preparation (AlixPartners): 0.5 TBT Email to N. Hwangpo, C. Bentley (both Weil), Z. Shapiro (RLD) re: 341A meeting 0.1 11/08/2022 TBT 0.3 11/08/2022 TBT 11/08/2022 11/08/2022 TBT TBT 11/08/2022 TBT Prepare payroll and KERP summary for D. Walker (KServicing) as requested for 341A meeting Provide insurance and brokerage information to D. Walker (KServicing) as requested Provided summary of yesterday's call with D. Walker (KServicing) Respond to T. Williams (KServicing) re: payment against 1st Day Motions, only pre-petition invoices Review October payments from T. Williams (KServicing) against 1st Day Motions 11/09/2022 AP 0.9 11/09/2022 AP 11/09/2022 AP 11/09/2022 11/09/2022 AP DCR 11/09/2022 11/09/2022 DCR DCR 11/09/2022 JN Attend call with M. Sullivan, D. Walker, T. Williams (all KServicing), T. Thoroddsen, A. Perrella (all AlixPartners) to discuss MOR data requirements Attend call D. Rieger-Paganis, T. Thoroddsen, A. Perrella (AlixPartners) to discuss MOR progress with Attend call with J. Nelson, N. LoBiondo, A. Perrella (all AlixPartners) to discuss updates to the loan portfolio diligence deliverable for the Fed Update PPPLF loan reconciliation for cash collateral reporting Attend call D. Rieger-Paganis, T. Thoroddsen, A. Perrella (AlixPartners) to discuss MOR progress with Respond to requests re: cost-per-loan analysis and CUBI reconciliation Review revised cash collateral and wages management orders and provide comments. Attend call with J. Nelson, N. LoBiondo, A. Perrella (all AlixPartners) to discuss updates to the loan portfolio diligence deliverable for the Fed 0.8 0.5 0.5 2.1 0.5 0.2 0.6 0.1 0.3 0.3 0.6 0.5 0.3 0.4 0.6 0.6 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 33 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: U.S. Trustee / Court Reporting Requirements 20006554P00002.1.5 DATE 11/09/2022 11/09/2022 PROFESSIONAL JN JMK 11/09/2022 11/09/2022 JMK NL 11/09/2022 NL 11/09/2022 NL 11/09/2022 NL 11/09/2022 NL 11/09/2022 TBT 11/09/2022 TBT 11/09/2022 11/09/2022 11/09/2022 11/09/2022 11/09/2022 11/09/2022 TBT TBT TBT TBT TBT TBT 11/09/2022 11/09/2022 11/09/2022 11/09/2022 11/09/2022 TBT TBT TBT TBT TBT 11/10/2022 AP 11/10/2022 DESCRIPTION OF SERVICES HOURS Revise loan processing status table for Fed Attend call with J. Katsigeorgis, N. LoBiondo (both AlixPartners) to discuss cash balance reporting template for Cash Collateral Order reporting Prepare schedule of GUC claims re: theoretical liquidation analysis Attend call with J. Katsigeorgis, N. LoBiondo (both AlixPartners) to discuss cash balance reporting template for Cash Collateral Order reporting Attend call with J. Nelson, N. LoBiondo, A. Perrella (all AlixPartners) to discuss updates to the loan portfolio diligence deliverable for the Fed Finalize initial draft of budget variance report for cash collateral order reporting 0.6 0.9 Telephone call with N. LoBiondo, A. Perrella (all AlixPartners) re: cash flow backup for MOR Update cash collateral remittance report template and provide to Management for review Attend call with M. Sullivan, D. Walker, T. Williams (all KServicing), T. Thoroddsen, A. Perrella (all AlixPartners) to discuss MOR data requirements Attend call D. Rieger-Paganis, T. Thoroddsen, A. Perrella (AlixPartners) to discuss MOR progress with Email to Z. Shapiro, A. Steele (both RLF) re: P&L for October MOR Follow up with C. Bentley (Weil) re: NOL Respond to Z. Shapiro (RLF) re: individuals on Schedules D, E/F Review 341 draft introduction script from Z. Shapiro (RLF) Review correspondence from K. Steverson (Omni) re: certain notice addresses Review information for October MOR prior to call with T. Williams, D. Walker, M. Sullivan (all KServicing) Review reply from Z. Shapiro (RLF) re: October P&L for MOR Review updates from Z. Shapiro (RLF) re: 341A meeting Start preparing documentation of supports to be included with MOR filing Telephone call with K. Steverson (Omni) re: noticing Telephone call with N. LoBiondo, A. Perrella (all AlixPartners) re: cash flow backup for MOR Telephone call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners) to discuss 341 meeting, post-petition payments and professional fees 0.2 AP Telephone call with T. Thoroddsen and A. Perrella (both AlixPartners) re: MOR 0.1 11/10/2022 11/10/2022 AP DCR 2.4 0.5 11/10/2022 DCR Update PPPLF loan reconciliation for cash collateral reporting Attend call with C. Arthur, B. Chase (both Weil), S. Kafiti, D. Evans, H. Loiseau, L. Milner, M. Sullivan, D. Walker (all KServicing), and D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) re: CUBI reconciliation process and updates Telephone call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners) to discuss 341 meeting, post-petition payments and professional fees 0.5 0.9 0.6 1.5 1.8 0.9 0.5 0.1 0.1 0.2 0.1 0.1 0.6 0.1 0.1 0.6 0.2 0.2 0.5 0.5 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 34 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: U.S. Trustee / Court Reporting Requirements 20006554P00002.1.5 DATE 11/10/2022 PROFESSIONAL DCR 11/10/2022 DCR 11/10/2022 11/10/2022 DCR JN 11/10/2022 JN 11/10/2022 JN 11/10/2022 11/10/2022 JMK JMK 11/10/2022 11/10/2022 11/10/2022 JMK JMK NL 11/10/2022 TBT 11/10/2022 11/10/2022 11/10/2022 11/10/2022 11/10/2022 11/10/2022 11/10/2022 11/10/2022 11/10/2022 11/10/2022 TBT TBT TBT TBT TBT TBT TBT TBT TBT TBT DESCRIPTION OF SERVICES Attend call with C. Arthur, C. Bentley (all Weil): Z. Shapiro (RLF), S. Kafiti, H. Loiseau, L. Milner, M. Sullivan, D. Walker (all KServicing): D. Rieger-Paganis, J. Nelson (both AlixPartners) to discuss SBA discussions, 341(a) Meeting and weekly Board call Attend KServicing Board meeting to discuss case updates (Weil): C. Arthur, N. Hwangpo (KServicing): L. Milner, H. Loiseau, D. Walker, M. Sullivan, S. Kafiti, E. Hartz, R. Gregg, L. Taylor (Greenberg Traurig): D. Kurzweild (AlixPartners): D. Rieger-Paganis, J. Nelson Respond to requests re: 341(a) meeting and SBA discussions Attend call with C. Arthur, B. Chase (both Weil), S. Kafiti, D. Evans, H. Loiseau, L. Milner, M. Sullivan, D. Walker (all KServicing), and D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) re: CUBI reconciliation process and updates Attend call with C. Arthur, C. Bentley (all Weil): Z. Shapiro (RLF), S. Kafiti, H. Loiseau, L. Milner, M. Sullivan, D. Walker (all KServicing): D. Rieger-Paganis, J. Nelson (both AlixPartners) to discuss SBA discussions, 341(a) Meeting and weekly Board call Attend KServicing Board meeting to discuss case updates (Weil): C. Arthur, N. Hwangpo (KServicing): L. Milner, H. Loiseau, D. Walker, M. Sullivan, S. Kafiti, E. Hartz, R. Gregg, L. Taylor (Greenberg Traurig): D. Kurzweild (AlixPartners): D. Rieger-Paganis, J. Nelson Analyze loan servicing transfer costs re: theoretical liquidation analysis Attend call with C. Arthur, B. Chase (both Weil), S. Kafiti, D. Evans, H. Loiseau, L. Milner, M. Sullivan, D. Walker (all KServicing), and D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) re: CUBI reconciliation process and updates Update draft notes and explanations re: theoretical liquidation analysis Update GUC claims re: theoretical liquidation analysis Attend call with C. Arthur, B. Chase (both Weil), S. Kafiti, D. Evans, H. Loiseau, L. Milner, M. Sullivan, D. Walker (all KServicing), and D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) re: CUBI reconciliation process and updates Telephone call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners) re: 341 meeting, post-petition payments and professional fees Email to A. Ham, C. Bentley (both Weil) re: OCP communications Email to E. Ruocco (Weil) re: KERP motion Email to S. Kafiti (KServicing), N. Hwangpo (Weil) re: UK dissolution Email to S. Kafiti, H. Loiseau (both KServicing) re: OCP declaration process Respond to V. Martin (KServicing) re: automatic stay correspondence Review correspondence from C. Bentley (Chase) re: board material Review motion to approved KERP for non-executives Review order approving the OCP motion Review response from A. Ham (Weil) re: OCP communications Review salaries and KERP payments to respond to KERP questions from L. Castillo (Weil) HOURS 0.8 0.3 0.8 0.5 0.8 0.3 1.8 0.5 1.0 0.7 0.5 0.3 0.1 0.1 0.1 0.1 0.1 0.2 0.6 0.3 0.1 0.7 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 35 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: U.S. Trustee / Court Reporting Requirements 20006554P00002.1.5 DATE 11/10/2022 PROFESSIONAL TBT 11/10/2022 11/10/2022 11/11/2022 TBT TBT AP 11/11/2022 AP 11/11/2022 AP 11/11/2022 11/11/2022 AP DCR 11/11/2022 JN 11/11/2022 11/11/2022 JN JN 11/11/2022 11/11/2022 JMK NL 11/11/2022 NL 11/11/2022 NL 11/11/2022 TBT 11/11/2022 TBT 11/11/2022 TBT 11/11/2022 11/11/2022 TBT TBT 11/14/2022 11/14/2022 AP AP 11/14/2022 AP 11/14/2022 AP DESCRIPTION OF SERVICES HOURS Telephone call with T. Thoroddsen and A. Perrella (both AlixPartners) re: MOR 0.1 Telephone call with D. Walker (Kservicing) re: MOR Telephone call with K. Steverson (Omni) re: noticing Attend call with T. Williams, M. Sullivan (both KServicing), T. Thoroddsen, A. Perrella (both AlixPartners) discussing October MOR, liabilities subject to compromise Attend call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners) to discuss MOR and 341 meeting Working call with N. LoBiondo, A. Perrella (all AlixPartners) to discuss cash collateral reporting updates and process Update PPPLF loan reconciliation for cash collateral reporting Attend call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners) to discuss MOR and 341 meeting Correspondence with KServicing operations team regarding loan processing report for Fed Revise loan processing status report and category descriptions for Fed Telephone call with N. Hwangpo, E. Ruocco (both Weil), Z. Shapiro (RLF) and J. Nelson, T. Thoroddsen (both AlixPartners) re: cash flows, KERP, CUBI and Federal Reserve Update loan servicing transfer costs re: liquidation analysis Working call with N. LoBiondo, A. Perrella (all AlixPartners) to discuss cash collateral reporting updates and process Revise initial budget variance report template for cash collateral order reporting per internal comments and provide to Weil for review Update cash collateral remittance report template per comments from Management 0.1 0.2 0.9 Attend call with T. Williams, M. Sullivan (both KServicing), T. Thoroddsen, A. Perrella (both AlixPartners) discussing October MOR, liabilities subject to compromise Attend call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners) to discuss MOR and 341 meeting Review P&L requirement for MOR to send additional information to T. Williams (KServicing) Review service log from N. Panameno (Omni) Telephone call with N. Hwangpo, E. Ruocco (both Weil), Z. Shapiro (RLF) and J. Nelson, T. Thoroddsen (both AlixPartners) re: cash flows, KERP, CUBI and Federal Reserve Adjust loan reconciliation template for cash collateral reporting Call with M. Sullivan, T. Williams (both KServicing): T. Thoroddsen, A. Perrella (both AlixPartners) to review MOR status Attend call with M. Sullivan, T. Williams (both KServicing), T. Thoroddsen, A. Perrella (both AlixPartners) to review MOR status Telephone call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners) to review MOR status, post-petition payments and claims 0.9 0.3 1.4 2.2 0.3 0.6 1.2 0.3 2.1 1.4 1.4 1.2 0.3 0.3 0.1 0.3 2.4 0.1 0.2 0.4 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 36 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: U.S. Trustee / Court Reporting Requirements 20006554P00002.1.5 DATE 11/14/2022 PROFESSIONAL AP 11/14/2022 11/14/2022 AP DCR 11/14/2022 DCR 11/14/2022 DCR 11/14/2022 DCR 11/14/2022 JN 11/14/2022 JN 11/14/2022 JN 11/14/2022 11/14/2022 JN JMK 11/14/2022 NL 11/14/2022 NL 11/14/2022 NL 11/14/2022 NL 11/14/2022 NL 11/14/2022 TBT 11/14/2022 TBT DESCRIPTION OF SERVICES Telephone call with N. LoBiondo, A. Perrella (both AlixPartners) to review updated cash collateral remittance report Update PPPLF loan reconciliation for cash collateral reporting Attend call with M. Sullivan (KServicing), D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss liquidation analysis and transfer cost assumptions Attend call with C. Arthur, N. Hwangpo, C. Bentley, E. Ruocco (all Weil): Z. Shapiro (RLF): D. Rieger-Paganis, J. Nelson, N. LoBiondo (all AlixPartners) to discuss ongoing CUBI reconciliation process and cost-per-loan analysis updates Telephone call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners) to review MOR status, post-petition payments and claims Attend meeting to discuss CUBI reconciliation, upcoming 12/7 hearing, cost-perloan analysis, and MOR with C. Arthur, N. Hwangpo, C. Bentley (all Weil) Z. Shapiro (all RLF) L. Milner, S. Kafiti, H. Loiseau, D. Walker, M. Sullivan (all KServicing) D. Rieger-Paganis, J. Nelson (all AlixPartners Attend call with M. Sullivan (KServicing), D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss liquidation analysis and transfer cost assumptions Attend call with C. Arthur, N. Hwangpo, C. Bentley, E. Ruocco (all Weil): Z. Shapiro (RLF): D. Rieger-Paganis, J. Nelson, N. LoBiondo (all AlixPartners) to discuss ongoing CUBI reconciliation process and cost-per-loan analysis updates Attend meeting to discuss CUBI reconciliation, upcoming 12/7 hearing, cost-perloan analysis, and MOR with C. Arthur, N. Hwangpo, C. Bentley (all Weil) Z. Shapiro (all RLF) L. Milner, S. Kafiti, H. Loiseau, D. Walker, M. Sullivan (all KServicing) D. Rieger-Paganis, J. Nelson (all AlixPartners) Review draft of MOR Global Notes Attend call with M. Sullivan (KServicing), D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss liquidation analysis and transfer cost assumptions Attend call with M. Kennedy (Chilmark) to discuss cash collateral reporting templates and loan portfolio diligence request Attend call with M. Sullivan (KServicing), D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss liquidation analysis and transfer cost assumptions Attend call with C. Arthur, N. Hwangpo, C. Bentley, E. Ruocco (all Weil): Z. Shapiro (RLF): D. Rieger-Paganis, J. Nelson, N. LoBiondo (all AlixPartners) to discuss ongoing CUBI reconciliation process and cost-per-loan analysis updates Telephone call with N. LoBiondo, A. Perrella (both AlixPartners) to review updated cash collateral remittance report Update cash collateral remittance report and KServicing PPP loan payment report for week-ended 11/11 Call with M. Sullivan, T. Williams (both KServicing): T. Thoroddsen, A. Perrella (both AlixPartners) to review MOR status Telephone call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners) to review MOR status, post-petition payments and claims HOURS 0.5 1.4 0.5 0.5 0.4 0.5 0.5 0.5 0.5 0.6 0.5 0.3 0.5 0.5 0.5 1.5 0.1 0.4 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 37 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: U.S. Trustee / Court Reporting Requirements 20006554P00002.1.5 DATE 11/14/2022 11/14/2022 PROFESSIONAL TBT TBT 11/14/2022 11/14/2022 11/14/2022 11/14/2022 11/14/2022 TBT TBT TBT TBT TBT 11/14/2022 11/14/2022 TBT TBT 11/14/2022 11/15/2022 TBT AP 11/15/2022 AP 11/15/2022 AP 11/15/2022 11/15/2022 AP AP 11/15/2022 DCR 11/15/2022 DCR 11/15/2022 JN 11/15/2022 11/15/2022 JN NL 11/15/2022 NL 11/15/2022 NL 11/15/2022 TBT 11/15/2022 11/15/2022 11/15/2022 TBT TBT TBT DESCRIPTION OF SERVICES Begin draft of global notes for October MOR Email to S. Kafiti, H. Loiseau (both KServicing) re: notifications to consumer agencies as requested by K. Steverson (Omni) Email to T. Williams (KServicing) re: MOR Email to Z. Shapiro (RLF) re: global notes for MOR Email to Z. Shapiro (RLF) re: MOR P&L Review correspondence from N. Hwangpo (Weil) re: global notes for MOR Review information re: equity holders as of AmEx transaction to respond to inquiry from A. Suarez (Weil) Review status update from L. Castillo (Weil) for week of 11/14 Attend call with M. Sullivan, T. Williams (both KServicing), T. Thoroddsen, A. Perrella (both AlixPartners) to review MOR status Telephone call with K. Steverson (Omni) re: notifications Attend call with M. Sullivan, T. Williams (both KServicing), T. Thoroddsen, A. Perrella (both AlixPartners) to review MOR status Attend call with D. Rieger-Paganis, A. Perrella (both AlixPartners) to review MOR status, claims and bi-weekly report to the Fed Attend working session with N. LoBiondo, A. Perrella (both AlixPartners) to prepare and update cash collateral reporting tracker and cash balances reporting template Develop October monthly operating report based on data sent by KServicing Working session with T. Thoroddsen, A. Perrella (all AlixPartners) re: reviewing October MOR Attend call with M. Sullivan, T. Williams(KServicing), D. Rieger-Paganis, J. Nelson, N. LoBiondo (all AlixPartners) to review final cash collateral reports and supporting calculations Attend call with D. Rieger-Paganis, A. Perrella (both AlixPartners) to review MOR status, claims and bi-weekly report to the Fed Attend call with M. Sullivan, T. Williams(KServicing), D. Rieger-Paganis, J. Nelson, N. LoBiondo (all AlixPartners) to review final cash collateral reports and supporting calculations Review draft KERP motion Attend call with M. Sullivan, T. Williams(KServicing), D. Rieger-Paganis, J. Nelson, N. LoBiondo (all AlixPartners) to review final cash collateral reports and supporting calculations Attend working session with N. LoBiondo, A. Perrella (both AlixPartners) to prepare and update cash collateral reporting tracker and cash balances reporting template Prepare cash flow variance analysis and cash collateral budget variance report for week-ending 11/11 Attend call with M. Sullivan, T. Williams (both KServicing), T. Thoroddsen, A. Perrella (both AlixPartners) to review MOR status Email to T. Williams (KServicing) re: reorganization items for MOR Respond to E. Ruocco (Weil) re: KERP motion Review draft financials from T. Williams (KServicing) for October MOR HOURS 2.0 0.1 0.1 0.1 0.1 0.1 0.3 0.1 0.2 0.1 0.3 0.4 1.8 2.4 0.4 0.5 0.4 0.5 0.4 0.5 1.8 2.6 0.3 0.1 0.1 1.1 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 38 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: U.S. Trustee / Court Reporting Requirements 20006554P00002.1.5 DATE 11/15/2022 11/15/2022 PROFESSIONAL TBT TBT 11/15/2022 TBT 11/15/2022 TBT 11/15/2022 TBT 11/15/2022 11/15/2022 TBT TBT 11/15/2022 TBT 11/16/2022 AP 11/16/2022 AP 11/16/2022 11/16/2022 AP AP 11/16/2022 AP 11/16/2022 DCR 11/16/2022 DCR 11/16/2022 JN 11/16/2022 NL 11/16/2022 NL 11/16/2022 11/16/2022 11/16/2022 11/16/2022 NL NL TBT TBT 11/16/2022 TBT DESCRIPTION OF SERVICES Review final KERP motion from E. Ruocco Review updated employee analysis for non-executive KERP from D. Evans (KServicing) for US trustee Review updated employee analysis for non-executory KERP from T. Williams (KServicing) for US trustee Send non-executive KERP analysis to T. Williams (KServicing) to update with additional information for US trustee Telephone call with E. Ruocco (Weil) re: additional data requested from UST for KERP Telephone call with E. Ruocco (Weil) re: contact information for KERP motion Update analysis for non-executive employees included in KERP as requested by E. Ruocco (Weil) Working session with T. Thoroddsen, A. Perrella (all AlixPartners) re: reviewing October MOR Attend call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners) to discuss MOR, vendor payments and other updates Develop October monthly operating report exhibits based on data sent by KServicing Update PPPLF loan reconciliation for cash collateral reporting Working session with T. Thoroddsen, A. Perrella (all AlixPartners) reviewing Balance Sheet for October MOR Working session with T. Thoroddsen, A. Perrella (all AlixPartners) reviewing cash receipt and disbursements for MOR Attend call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners) to discuss MOR, vendor payments and other updates Call with Z. Shapiro(RLF) C. Arthur, N. Hwangpo, C. Bentley, E. Ruocco(all Weil) D. Rieger-Paganis, J. Nelson, N. LoBiondo (all AlixPartners) to discuss CUBI settlement updates, cash collateral reporting updates, and other case management items Call with Z. Shapiro(RLF) C. Arthur, N. Hwangpo, C. Bentley, E. Ruocco(all Weil) D. Rieger-Paganis, J. Nelson, N. LoBiondo (all AlixPartners) to discuss CUBI settlement updates, cash collateral reporting updates, and other case management items Call with Z. Shapiro(RLF) C. Arthur, N. Hwangpo, C. Bentley, E. Ruocco(all Weil) D. Rieger-Paganis, J. Nelson, N. LoBiondo (all AlixPartners) to discuss CUBI settlement updates, cash collateral reporting updates, and other case management items Finalize budget variance report for cash collateral order reporting for week-ended 11/11/22 Prepare cash balances and cash collateral report for week-ended 11/11/22 Update cash collateral remittance report per Chilmark and Fed comments Review P&L format for MOR Review correspondence from C. Myron (Marsh) re: renewal of employed lawyer policy Review updated MOR Drafts HOURS 0.4 0.1 0.1 0.1 0.2 0.1 0.6 0.4 0.5 2.2 2.3 0.3 1.0 0.5 0.5 0.5 0.5 1.5 2.3 2.0 0.3 0.1 1.0 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 39 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: U.S. Trustee / Court Reporting Requirements 20006554P00002.1.5 DATE 11/16/2022 PROFESSIONAL TBT 11/16/2022 TBT 11/16/2022 TBT 11/16/2022 TBT 11/17/2022 AP 11/17/2022 11/17/2022 11/17/2022 AP AP AP 11/17/2022 AP 11/17/2022 DCR 11/17/2022 DCR 11/17/2022 11/17/2022 DESCRIPTION OF SERVICES HOURS Send questions to N. Hwangpo, E. Ruocco (both Weil), Z. Shapiro (RLF) re: MOR 0.1 Attend call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners) to discuss MOR, vendor payments and other updates Working session with T. Thoroddsen, A. Perrella (all AlixPartners) reviewing cash receipt and disbursements for MOR Working session with T. Thoroddsen, A. Perrella (all AlixPartners) reviewing Balance Sheet for October MOR Attend call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners) reviewing draft October MOR Develop October monthly operating report based on data sent by KServicing Update PPPLF loan reconciliation for cash collateral reporting Working session with T. Thoroddsen, A. Perrella (all AlixPartners) reviewing update MOR Working session with S. Haliburton (KServicing) re: Bi-Weekly Loan report to the Fed Attend call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners) reviewing draft October MOR Attend KServicing Board meeting to discuss case updates with C. Arthur, N. Hwangpo, C. Bentley (all Weil) Z. Shapiro (all RLF) D. Kurzweild (all Greenberg Traurig) L. Milner, H. Loiseau, D. Walker, M. Sullivan, S. Kafiti, E. Hartz, R. Gregg, L. Taylor (all KServicing) D. Rieger-Paganis, J. Nelson (all AlixPartners) 0.5 DCR JN Review MOR Attend KServicing Board meeting to discuss case updates with C. Arthur, N. Hwangpo, C. Bentley (all Weil) Z. Shapiro (all RLF) D. Kurzweild (all Greenberg Traurig) L. Milner, H. Loiseau, D. Walker, M. Sullivan, S. Kafiti, E. Hartz, R. Gregg, L. Taylor (all KServicing) D. Rieger-Paganis, J. Nelson (all AlixPartners) 0.8 1.2 11/17/2022 11/17/2022 11/17/2022 NL NL TBT 2.1 1.3 0.4 11/17/2022 TBT 11/17/2022 11/17/2022 11/17/2022 11/17/2022 11/17/2022 11/17/2022 11/17/2022 11/17/2022 11/17/2022 11/17/2022 TBT TBT TBT TBT TBT TBT TBT TBT TBT TBT Finalize cash balances and cash collateral report for week-ended 11/11/22 Update cash balances and cash collateral report template per internal comments Attend call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners) reviewing draft October MOR Attend call with M. Sullivan, T. Williams (all KServicing) re: reviewing financials for MOR Respond to D. Rieger-Paganis (AlixPartners) re: October P&L Review analysis of changes to AR and reserves for October MOR Review and updated MOR based on updated financials Review changes to AR and loans from September to October Review comments from D. Rieger-Paganis (AlixPartners) re: draft MOR Review confirmation from M. Sullivan (KServicing) re: October financials Review correspondence from C. Arthur (Weil) re: CUBI settlement Review correspondence from K. Steverson (Omni) re: updated notification list Review response from Z. Shapiro (RLF) re: October MOR format Review SOFA 7 information for noticing as requested by K. Steverson (Omni) 1.0 0.3 0.4 2.1 2.6 0.3 1.4 0.4 1.2 0.4 0.1 0.3 0.7 0.3 0.1 0.1 0.1 0.1 0.2 0.1 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 40 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: U.S. Trustee / Court Reporting Requirements 20006554P00002.1.5 DATE 11/17/2022 PROFESSIONAL TBT 11/17/2022 TBT 11/18/2022 AP 11/18/2022 AP 11/18/2022 11/18/2022 11/18/2022 AP AP AP 11/18/2022 DCR 11/18/2022 DCR 11/18/2022 DCR 11/18/2022 JN 11/18/2022 JN 11/18/2022 JMK 11/18/2022 NL 11/18/2022 11/18/2022 11/18/2022 NL NL NL 11/18/2022 TBT DESCRIPTION OF SERVICES Update October MOR based upon updated financials from M. Sullivan (KServicing) Working session with T. Thoroddsen, A. Perrella (all AlixPartners) reviewing update MOR Attend call to discuss MOR and other updates with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners) Attend call to discuss PPPLF cash collateral reconciliation and status of other diligence items with M. Sullivan, T. Williams (all KServicing) D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) Finalize October monthly operating report to be filed Update PPPLF loan reconciliation for cash collateral reporting Working session with T. Thoroddsen, A. Perrella (all AlixPartners) reviewing final adjustments to MOR Attend call to discuss MOR and other updates with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners) Attend Call to discuss PPPLF cash collateral reconciliation and status of other diligence items with M. Sullivan, T. Williams (all KServicing) D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) Respond to requests re: plan and disclosure statement and cash collateral reconciliation Attend call with C. Arthur, N. Hwangpo, C. Bentley, E. Ruocco (all Weil) Z. Shapiro (RLF) D. Rieger-Paganis, J. Nelson, T. Thoroddsen, A. Perrella (all AlixPartners) discussing plan and disclosure statement and other status updates Attend call to discuss PPPLF cash collateral reconciliation and status of other diligence items with M. Sullivan, T. Williams (all KServicing) D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) Attend call to discuss PPPLF cash collateral reconciliation and status of other diligence items with M. Sullivan, T. Williams (all KServicing) D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) Attend call to discuss PPPLF cash collateral reconciliation and status of other diligence items with M. Sullivan, T. Williams (all KServicing) D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) Finalize cash collateral remittance report for week-ended 11/11 Reconcile cash collateral remittance amounts to Fed calculations Update interest calculation for cash collateral remittance report per comments from the Fed Attend call to discuss MOR and other updates with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners) HOURS 1.1 0.3 0.3 0.5 1.4 2.4 0.4 0.3 0.5 0.6 0.6 0.5 0.5 0.5 2.1 2.5 2.2 0.3 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 41 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: U.S. Trustee / Court Reporting Requirements 20006554P00002.1.5 DATE 11/18/2022 PROFESSIONAL TBT 11/18/2022 11/18/2022 11/18/2022 11/18/2022 TBT TBT TBT TBT 11/18/2022 11/18/2022 11/18/2022 TBT TBT TBT 11/18/2022 11/18/2022 11/18/2022 11/18/2022 TBT TBT TBT TBT 11/18/2022 11/18/2022 TBT TBT 11/18/2022 TBT 11/20/2022 JMK 11/21/2022 AP 11/21/2022 11/21/2022 11/21/2022 AP AP AP 11/21/2022 DCR 11/21/2022 DCR 11/21/2022 DCR 11/21/2022 DCR DESCRIPTION OF SERVICES HOURS Call with M. Sullivan, T. Williams (all KServicing) D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners)to discuss PPPLF cash collateral reconciliation and status of other diligence items 0.5 Attend initial call with E. Ruocco (all Weil) discussing global notes for MOR Email to L. Milner (KServicing) re: KERP question from US trustee Final updates to October MOR Follow up call discussing global notes for MOR with E. Ruocco (Weil) T. Thoroddsen (AlixPartners) Respond to A. Suarez (Weil) re: shareholder information Review comments from M. Milana (RLF) re: MOR global notes Review correspondence from E. Ruocco (Weil) re: questions from US trustee regarding KERP Review question from A. Suarez (Weil) re: shareholder data Review response from Z. Shapiro (RLF) re: MOR format Review updated MOR drafts from A. Perrella (AlixPartners) Send additional backup to Z. Shapiro (RLF) re: cash receipts and disbursements reporting for MOR Send comments to A. Perrella (AlixPartners) re: draft MORs Send draft October MOR to L. Milner, S. Kafiti, H. Loiseau, M. Sullivan, T. Williams (all KServicing), N. Hwangpo, E. Ruocco, C. Bentley (all Weil), Z. Shapiro, A. Steele (all RLF) for final review and comments Working session with T. Thoroddsen, A. Perrella (all AlixPartners) reviewing final adjustments to MOR Prepare updates of assumptions, exhibits and notes following advisor feedback re: liquidation analysis Telephone call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners) re: October MOR Update October MOR per comments from Professionals Update PPPLF loan reconciliation for cash collateral reporting Working session with T. Thoroddsen, A. Perrella (all AlixPartners) discussing changes to October MOR Attend call with S. Kafiti, H. Loiseau, M. Sullivan (all KServicing) N. Hwangpo, C. Bentley, E. Ruocco (all Weil), Z. Shapiro (RLF) D. Rieger-Paganis, J. Nelson, T. Thoroddsen (all AlixPartners) re: CUBI update, MOR, rejection damages for plan and disclosure statement, 341A meeting follow up questions from US Trustee 0.5 0.1 0.8 0.3 Telephone call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners) re: October MOR Call with N. Hwangpo, C. Bentley (all Weil) Z. Shapiro (all RLF) D. RiegerPaganis, J. Nelson (all AlixPartners) to discuss MOR preparation, CUBI reconciliation, and Plan documents Review MOR. 0.3 0.1 0.3 0.1 0.1 0.1 0.4 0.2 0.2 0.1 0.4 2.4 0.3 1.4 2.2 0.2 0.8 0.5 0.4 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 42 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: U.S. Trustee / Court Reporting Requirements 20006554P00002.1.5 DATE 11/21/2022 PROFESSIONAL JN 11/21/2022 JN 11/21/2022 JMK 11/21/2022 11/21/2022 11/21/2022 JMK JMK JMK 11/21/2022 NL 11/21/2022 TBT 11/21/2022 TBT 11/21/2022 11/21/2022 TBT TBT 11/21/2022 11/21/2022 11/21/2022 11/21/2022 11/21/2022 11/21/2022 11/21/2022 11/21/2022 11/21/2022 11/21/2022 11/21/2022 11/21/2022 11/21/2022 TBT TBT TBT TBT TBT TBT TBT TBT TBT TBT TBT TBT TBT 11/21/2022 11/21/2022 11/21/2022 11/21/2022 TBT TBT TBT TBT DESCRIPTION OF SERVICES HOURS Attend call with S. Kafiti, H. Loiseau, M. Sullivan (all KServicing) N. Hwangpo, C. Bentley, E. Ruocco (all Weil), Z. Shapiro (RLF) D. Rieger-Paganis, J. Nelson, T. Thoroddsen (all AlixPartners) re: CUBI update, MOR, rejection damages for plan and disclosure statement, 341A meeting follow up questions from US Trustee 0.8 Call with N. Hwangpo, C. Bentley (all Weil) Z. Shapiro (all RLF) D. RiegerPaganis, J. Nelson (all AlixPartners) to discuss MOR preparation, CUBI reconciliation, and Plan documents Prepare claims waterfall per new assumptions and scenarios re: liquidation analysis 0.5 Prepare new exhibit outlook templates re: liquidation analysis Prepare new scenario for extended winddown re: liquidation analysis Prepare updates of assumptions, exhibits and notes following advisor feedback re: liquidation analysis Prepare cash collateral remittance report and KServicing PPP loan payment report for week-ended 11/18/22 Attend call with S. Kafiti, H. Loiseau, M. Sullivan (all KServicing) N. Hwangpo, C. Bentley, E. Ruocco (all Weil), Z. Shapiro (RLF) D. Rieger-Paganis, J. Nelson, T. Thoroddsen (all AlixPartners) re: CUBI update, MOR, rejection damages for plan and disclosure statement, 341A meeting follow up questions from US Trustee 1.0 1.1 1.4 Telephone call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners) re: October MOR Email to E. Ruocco (Weil) re: Trustee KERP follow ups Email to M. Sullivan (KServicing) re: final review and approval of October MOR 0.3 Email to T. Williams (KServicing) re: 401k program Email to T. Williams (KServicing) re: employee count Email to T. Williams (KServicing) re: other trade receivable for MOR Email to Z. Shapiro (RLF) re: MOR format Final review of October MOR from A. Perrella (AlixPartners) Respond to C. Arthur (Weil) re: October MOR Respond to C. Bentley (Weil) re: October MOR Respond to S. Kafiti (KServicing) questions re: October MOR Respond to T. Williams (KServicing) re: 401k plan required status Review comments from N. Hwangpo (Weil) re: October MOR drafts Review comments from S. Kafiti (KServicing) re: October MOR Review correspondence from E. Ruocco (Weil) re: US trustee KERP questions Review correspondence from T. Williams (KServicing) re: detail for trade receivable for MOR Review employee hours for full-time employee count for MOR Review insurance policies for MOR part 7 Review questions from T. Williams (KServicing) re: 401k plan Review summary from L. Milner (KServicing) re: pay increases as requested by US Trustee for KERP 0.1 0.1 0.1 0.1 0.5 0.1 0.1 0.1 0.1 0.4 0.1 0.1 0.1 1.7 2.5 0.8 0.1 0.1 0.2 0.3 0.1 0.2 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 43 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: U.S. Trustee / Court Reporting Requirements 20006554P00002.1.5 DATE 11/21/2022 11/21/2022 11/21/2022 11/21/2022 11/21/2022 PROFESSIONAL TBT TBT TBT TBT TBT 11/22/2022 AP 11/22/2022 AP 11/22/2022 11/22/2022 11/22/2022 AP DCR JMK 11/22/2022 11/22/2022 11/22/2022 JMK JMK JMK 11/22/2022 NL 11/22/2022 NL 11/22/2022 NL 11/22/2022 NL 11/22/2022 TBT 11/22/2022 11/22/2022 11/22/2022 11/22/2022 TBT TBT TBT TBT 11/22/2022 TBT 11/22/2022 TBT 11/22/2022 11/22/2022 11/22/2022 TBT TBT TBT 11/23/2022 AP DESCRIPTION OF SERVICES HOURS Review update from M. Bien (Voya) re: status of 401k plan termination Review update from Z. Shapiro (RLF) re: October MOR Start reviewing follow up questions from 341A meeting from US trustee Update October MOR per comments from N. Hwangpo (Weil) Working session with T. Thoroddsen, A. Perrella (all AlixPartners) discussing changes to October MOR Attend call with M. Sullivan, T. Williams (all KServicing) T. Thoroddsen, A. Perrella (all AlixPartners) discussing October financials, MOR, payables, 401k termination Telephone call with N. LoBiondo, A. Perrella (all AlixPartners) re: cash collateral reporting updates for week-ended 11/18 Update PPPLF loan reconciliation for cash collateral reporting Respond to requests re: 341A follow up questions and cash collateral reporting Analyze alternative service provider costs three scenarios re: liquidation analysis 0.1 0.1 1.6 0.4 0.2 Analyze transfer costs in each scenario re: liquidation analysis Prepare new scenario for extended winddown re: liquidation analysis Prepare updates of assumptions, exhibits and notes following advisor feedback re: liquidation analysis Finalize cash collateral remittance report and KServicing PPP loan payment report for week-ended 11/18 Prepare cash balances and PPPLF cash collateral reporting for week-ended 11/18 1.1 2.9 1.2 Prepare cash flow variance analysis and cash collateral budget variance report for week-ending 11/18 Telephone call with N. LoBiondo, A. Perrella (all AlixPartners) re: cash collateral reporting updates for week-ended 11/18 Attend call with M. Sullivan, T. Williams (all KServicing) T. Thoroddsen, A. Perrella (all AlixPartners) discussing October financials, MOR, payables, 401k termination Email to E. Ruocco (Weil) re: KERP questions Email to E. Ruocco (Weil) re: KERP questions Email to Weil and RLF team regarding timing of MOR filing Prepare financial information needed to renew professional lawyer insurance as requested by S. Kafiti (KServicing) Prepare updated insurance summary for professional lawyer insurance policy as requested by S. Kafiti (KServicing) Research prior employee data for contact information for remaining participant in prior 401k plan Respond to C. Bentley (Weil) re: follow up questions re: 401k plan Review correspondence from C. Bentley (Weil) re: MOR Review correspondence from E. Ruocco (Weil) re: additional information for US trustee re: KERP Attend call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners) to discuss MOR filing and contract analysis 2.8 0.6 1.1 2.4 0.5 1.8 2.5 2.6 1.1 0.6 0.1 0.1 0.1 0.5 0.2 0.3 0.2 0.1 0.1 0.5 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 44 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: U.S. Trustee / Court Reporting Requirements 20006554P00002.1.5 DATE 11/23/2022 11/23/2022 PROFESSIONAL AP DCR 11/23/2022 DCR 11/23/2022 JN 11/23/2022 JN 11/23/2022 JMK 11/23/2022 NL 11/23/2022 NL 11/23/2022 NL 11/23/2022 TBT 11/23/2022 11/23/2022 11/23/2022 TBT TBT TBT 11/23/2022 11/23/2022 TBT TBT 11/23/2022 11/23/2022 TBT TBT 11/23/2022 11/27/2022 TBT JMK 11/27/2022 JMK 11/28/2022 AP 11/28/2022 AP 11/28/2022 AP 11/28/2022 AP DESCRIPTION OF SERVICES HOURS Update PPPLF loan reconciliation for cash collateral reporting Attend call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners) to discuss MOR filing and contract analysis Call with N. Hwangpo, C. Bentley (all Weil) Z. Shapiro (all RLF) D. RiegerPaganis, J. Nelson (all AlixPartners) to discuss liquidation analysis, cost-per-loan analysis, CUBI reconciliation, and Plan documents Call with N. Hwangpo, C. Bentley (all Weil) Z. Shapiro (all RLF) D. RiegerPaganis, J. Nelson (all AlixPartners) to discuss liquidation analysis, cost-per-loan analysis, CUBI reconciliation, and Plan documents Call with J. Nelson, N. LoBiondo (all AlixPartners) to discuss cash collateral reporting and cost-pet-loan analysis updates Prepare updates of assumptions, exhibits and notes following advisor feedback re: liquidation analysis Call with J. Nelson, N. LoBiondo (all AlixPartners) to discuss cash collateral reporting and cost-pet-loan analysis updates Finalize cash balances and PPPLF cash collateral reporting for week-ended 11/18 1.8 0.5 Finalize cash flow variance analysis and cash collateral budget variance report for week-ending 11/18 Attend call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners) to discuss MOR filing and contract analysis Continue reviewing data to respond to 341A requests from US Trustee Email to S. Kafiti (KServicing) re: 341A request from US trustee Email to S. Kafiti (KServicing) re: financials and insurance summary of professional lawyer insurance application Email to T. Williams (KServicing) re: 401k match Email to T. Williams (KServicing) re: financials for professional lawyer insurance application Review updates from T. Williams (KServicing) re: 401k plan Telephone call with E. Ruocco (Weil) re: US trustee follow up questions from 341A meeting Update financial data for professional lawyer insurance Prepare claims recovery assumption and analysis updates re: liquidation analysis 2.5 Prepare updates of assumptions, exhibits and notes following advisor feedback re: liquidation analysis Attend call with M. Sullivan, T. Williams, S. Haliburton (all KServicing) D. RiegerPaganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss Cash Collateral reporting, MOR and updated financials 2.2 Attend call with M. Sullivan, T. Williams (all KServicing) T. Thoroddsen, A. Perrella (all AlixPartners) to discuss MOR filing and other open items Telephone call with N. LoBiondo, A. Perrella (all AlixPartners) to discuss updated cash collateral reporting for week-ended 11/25/22 Update cash collateral reporting with daily loan files from previous weeks 0.1 0.5 0.5 0.6 1.5 0.6 2.4 0.5 1.6 0.1 0.1 0.1 0.1 0.1 0.6 0.3 1.9 0.4 0.8 1.2 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 45 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: U.S. Trustee / Court Reporting Requirements 20006554P00002.1.5 DATE 11/28/2022 11/28/2022 11/28/2022 11/28/2022 PROFESSIONAL AP AP AP DCR 11/28/2022 DCR 11/28/2022 JN 11/28/2022 JN 11/28/2022 JN 11/28/2022 JMK 11/28/2022 11/28/2022 JMK JMK 11/28/2022 11/28/2022 11/28/2022 11/28/2022 JMK JMK JMK NL 11/28/2022 NL 11/28/2022 NL 11/28/2022 NL 11/28/2022 11/28/2022 NL TBT 11/28/2022 TBT 11/28/2022 TBT DESCRIPTION OF SERVICES HOURS Update reconciliation of borrower payments for cash collateral reporting Update reconciliation of interest on PPPLF loans Update reconciliation of SBA Loans Attend call with M. Sullivan, T. Williams, S. Haliburton (all KServicing) D. RiegerPaganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss Cash Collateral reporting, MOR and updated financials 1.6 1.3 1.1 0.4 Attend call with N. Hwangpo, C. Bentley, E. Ruocco (all Weil) Z. Shapiro(all RLF) D. Rieger-Paganis, J. Nelson (all AlixPartners) to discuss MOR, cost-perloan analysis, claims estimation, and court hearing timeline Attend call with M. Sullivan, T. Williams, S. Haliburton (all KServicing) D. RiegerPaganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss Cash Collateral reporting, MOR and updated financials 0.4 Attend call with N. Hwangpo, C. Bentley, E. Ruocco (all Weil) Z. Shapiro(all RLF) D. Rieger-Paganis, J. Nelson (all AlixPartners) to discuss MOR, cost-perloan analysis, claims estimation, and court hearing timeline Call to discuss with J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) re: updates to theoretical liquidation analysis following advisor feedback Analysis and integration of tax and administrative claims re: disclosure statement 0.4 Analyze updated claim amounts re: GUC recoveries Call to discuss with J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) re: updates to theoretical liquidation analysis following advisor feedback Preparation and integration of cost/loan analysis re: disclosure statement Prepare notes and exhibits for multiple scenarios re: disclosure statement Review daily cash activity and update of cash collateral withholdings Attend call with M. Sullivan, T. Williams, S. Haliburton (all KServicing) D. RiegerPaganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) to discuss Cash Collateral reporting, MOR and updated financials 2.0 0.4 Telephone call with N. LoBiondo, A. Perrella (all AlixPartners) to discuss updated cash collateral reporting for week-ended 11/25/22 Call to discuss with J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) re: updates to theoretical liquidation analysis following advisor feedback Prepare cash collateral remittance report and KServicing PPP loan payment report for week-ended 11/25/22 Update cost-per-loan winddown cost templates Attend call to discuss Cash Collateral reporting, MOR and updated financials with M. Sullivan, T. Williams, S. Haliburton (all KServicing) D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) 0.8 Attend call with M. Sullivan, T. Williams (all KServicing) T. Thoroddsen, A. Perrella (all AlixPartners) to discuss MOR filing and other open items Final review of October MOR prior to filing 0.1 0.4 0.4 1.3 1.2 1.7 0.5 0.4 0.4 2.4 1.5 0.4 0.4 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 46 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: U.S. Trustee / Court Reporting Requirements 20006554P00002.1.5 DATE 11/28/2022 11/28/2022 PROFESSIONAL TBT TBT 11/28/2022 TBT 11/28/2022 TBT 11/28/2022 TBT 11/28/2022 11/28/2022 11/29/2022 TBT TBT AP 11/29/2022 AP 11/29/2022 11/29/2022 11/29/2022 AP AP DCR 11/29/2022 JN 11/29/2022 11/29/2022 JMK JMK 11/29/2022 11/29/2022 JMK JMK 11/29/2022 11/29/2022 JMK JMK 11/29/2022 NL 11/29/2022 NL 11/29/2022 NL 11/29/2022 NL 11/29/2022 11/29/2022 NL TBT 11/29/2022 TBT 11/29/2022 11/29/2022 TBT TBT DESCRIPTION OF SERVICES HOURS Review correspondence from M. Sullivan (KServicing) re: CUBI receivable Review declaration and disclosure statement of Jeffrey J. Chapman on behalf of McGuireWoods LLP Review response letter to Hon. Craig T. Goldblatt from Holland & Knight in response to KServicing letter filed by Weil Send final correspondence to M. Sullivan (KServicing) for approval and signature of October MOR Send final October MOR to M. Sullivan (KServicing) for his review and approval 0.1 0.2 Send final versions of October MOR to M. Milana (RLF) for filing Send summary of CUBI receivable to M. Sullivan (KServicing) and others Telephone call with D. Rieger-Paganis, A. Perrella (all AlixPartners) discussing MOR updates before filing Telephone call with N. LoBiondo, A. Perrella (all AlixPartners) to discuss updates to cash collateral reporting for week-ending 11/25 Update reconciliation of interest on PPPLF loans Update reconciliation of SBA Loans Telephone call with D. Rieger-Paganis, A. Perrella (all AlixPartners) discussing MOR updates before filing Attend call with S. Kafiti, D. Evans(all KServicing) J. Nelson, N. LoBiondo (all AlixPartners) to discuss Fed loan data request Analyze priority tax claims re: disclosure statement Attend call with D. Sullivan (KServicing) re: professional fee tracking and handover Prepare notes and exhibits for multiple scenarios re: disclosure statement Review and analysis of borrower collection on GP'd loans re: unrestricted cash reporting Review daily cash activity re: cash balances Update liquidation analysis model for new cash flow forecasts re: disclosure statement Attend call with S. Kafiti, D. Evans (all KServicing) J. Nelson, N. LoBiondo (all AlixPartners) to discuss Fed loan data request Telephone call with N. LoBiondo, A. Perrella (all AlixPartners) to discuss updates to cash collateral reporting for week-ending 11/25 Finalize cash flow variance analysis and cash collateral budget variance report for week-ending 11/25 Prepare cash flow variance analysis and cash collateral budget variance report for week-ending 11/25 Prepare updated cash collateral budget Attend call with E. Ruocco (Weil) re: reviewing responses to US trustee's follow up questions to 341A meeting Email to L. Hwangpo (Weil), Z. Shapiro (Weil) re: responses to US trustee 341A follow up questions Email to S. Moss (KServicing) re: certain liens Email to T. Williams (KServicing) re: Unsecured personal property tax returns 0.1 0.1 0.4 0.3 0.1 0.1 0.6 2.3 1.3 0.4 0.8 1.0 0.5 0.6 1.1 0.5 1.5 0.8 0.6 2.4 2.5 2.2 0.7 0.1 0.1 0.1 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 47 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: U.S. Trustee / Court Reporting Requirements 20006554P00002.1.5 DATE 11/29/2022 PROFESSIONAL TBT 11/29/2022 11/29/2022 11/29/2022 11/29/2022 TBT TBT TBT TBT 11/29/2022 TBT 11/29/2022 11/29/2022 TBT TBT 11/30/2022 AP 11/30/2022 11/30/2022 11/30/2022 11/30/2022 11/30/2022 AP AP JN JMK JMK 11/30/2022 11/30/2022 JMK JMK 11/30/2022 11/30/2022 JMK NL 11/30/2022 11/30/2022 NL NL 11/30/2022 11/30/2022 11/30/2022 11/30/2022 NL TBT TBT TBT 11/30/2022 11/30/2022 TBT TBT Total Professional Hours DESCRIPTION OF SERVICES Email to T. Williams (KServicing) re: validate certain information regarding responses to 341A follow up questions from US Trustee Final review of draft responses to 341A follow up questions Respond to follow up questions from S. Moss (KServicing) re: liens Review response from J. Kearney (KServicing) re: certain liens Review updates from S. Kafiti (KServicing) re: responses to US trustee to 341A follow up questions Revised responses to US Trustee for 341A follow up questions based upon comments received Send additional information to J. Kearney (KServicing) re: liens Send follow up information to T. Williams (KServicing) re: personal property tax returns Working call with N. LoBiondo, A. Perrella (all AlixPartners) to discuss professional fee updates for updated cash collateral budget and cash collateral reporting updates Update reconciliation of borrower payments for cash collateral reporting Update reconciliation of interest on PPPLF loans Review 341 meeting follow-up responses Prepare notes and exhibits for multiple scenarios re: disclosure statement Review and analysis of borrower collection on GP'd loans re: unrestricted cash reporting Review daily cash activity and reconciliation of float position re: cash balances Update liquidation analysis model for new cash flow forecasts re: disclosure statement Update notes and exhibits for new cash flow forecasts re: disclosure statement Working call with N. LoBiondo, A. Perrella (all AlixPartners) to discuss professional fee updates for updated cash collateral budget and cash collateral reporting updates Review cash collateral report for week-ended 11/25 Update cash collateral budget for updated operating expense and PPP/Legacy loan run off assumptions Update cash collateral budget per requirements of Cash Collateral Order Email to T. Williams (KServicing) re: backup for certain checks Review backup received from I. Naraine (KServicing) re: certain checks Review correspondence from I. Naraine (KServicing) re: accruals for November close Review draft discussion materials for Board meeting Review updates from T. Williams (KServicing) re: timing of filing personal property tax returns for Georgia HOURS 0.2 0.2 0.1 0.1 0.6 0.5 0.1 0.1 1.3 1.2 1.6 0.3 1.2 0.4 0.6 0.3 1.3 1.3 2.5 2.1 2.8 0.1 0.1 0.1 0.2 0.1 326.4 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 48 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: U.S. Trustee / Court Reporting Requirements 20006554P00002.1.5 PROFESSIONAL Deborah Rieger-Paganis RATE $1,160 HOURS 22.5 James Nelson $945 19.4 18,333.00 Thora B Thoroddsen $880 58.5 51,480.00 John M Katsigeorgis $795 68.0 54,060.00 Anthony Perrella $555 76.8 42,624.00 Nicholas LoBiondo $555 Total Professional Hours and Fees $ 81.2 326.4 FEES 26,100.00 45,066.00 $ 237,663.00 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 49 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: Plan & Disclosure Statement 20006554P00002.1.9 DATE 11/01/2022 PROFESSIONAL DCR 11/01/2022 JN 11/01/2022 JMK 11/01/2022 NL 11/02/2022 JN 11/02/2022 JMK 11/03/2022 JN 11/03/2022 JMK 11/03/2022 JMK 11/03/2022 JMK 11/03/2022 NL 11/04/2022 11/08/2022 11/08/2022 11/08/2022 JN JN TBT TBT 11/09/2022 DCR 11/09/2022 JN 11/09/2022 11/10/2022 JN JN 11/10/2022 11/10/2022 11/10/2022 JN JN NL 11/11/2022 DCR DESCRIPTION OF SERVICES Attend call with Z. Shapiro (RLF), C. Arthur, N. Hwangpo, B. Chase, E. Ruocco (all Weil): D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss liquidation analysis re: disclosure statement Attend call with Z. Shapiro (RLF), C. Arthur, N. Hwangpo, B. Chase, E. Ruocco (all Weil): D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss liquidation analysis re: disclosure statement Attend call with Z. Shapiro (RLF), C. Arthur, N. Hwangpo, B. Chase, E. Ruocco (all Weil): D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss liquidation analysis re: disclosure statement Attend call with Z. Shapiro (RLF), C. Arthur, N. Hwangpo, B. Chase, E. Ruocco (all Weil): D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss liquidation analysis re: disclosure statement Call with J. Nelson, J. Katsigeorgis (both AlixPartners) to discuss Liquidation Analysis Call with J. Nelson, J. Katsigeorgis (both AlixPartners) to discuss Liquidation Analysis Meeting with J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) re: re: theoretical liquidation analysis Analyze unfunded scenario claims for theoretical liquidation analysis re: disclosure statement Analyze unfunded scenario professional fees and opex for theoretical liquidation analysis re: disclosure statement Meeting with J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) re: re: theoretical liquidation analysis Meeting with J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) re: re: theoretical liquidation analysis Review liquidation analysis model and assumptions Revise liquidation analysis model and assumptions Respond to J. Katsigeorgis (AlixPartners) re: unsecured claims estimates Review analysis from J. Katsigeorgis (AlixPartners) re: unsecured claims for liquidation analysis Attend call with Z. Shapiro (RLF): D. Rieger-Paganis, J. Nelson (both AlixPartners) to discuss CUBI reconciliation, and cost-per-loan analysis Attend call with Z. Shapiro (RLF): D. Rieger-Paganis, J. Nelson (both AlixPartners) to discuss CUBI reconciliation, and cost-per-loan analysis Revise cost-per-loan model and assumptions Telephone call with J. Nelson, N. LoBiondo (both AlixPartners) to cost-per-loan assumptions and model updates Revise cost-per-loan model and assumptions Review and editing of liquidation analysis model and assumptions Telephone call with J. Nelson, N. LoBiondo (both AlixPartners) to cost-per-loan assumptions and model updates Telephone call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss liquidation analysis transfer costs assumptions HOURS 0.8 0.8 0.8 0.8 0.3 0.3 0.5 1.3 1.7 0.5 0.5 1.9 1.1 0.1 0.2 0.5 0.5 0.9 0.3 0.7 0.6 0.3 0.5 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 50 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: Plan & Disclosure Statement 20006554P00002.1.9 DATE 11/11/2022 PROFESSIONAL JN 11/11/2022 JMK 11/11/2022 NL 11/11/2022 TBT 11/14/2022 11/15/2022 TBT DCR 11/15/2022 DCR 11/15/2022 JN 11/15/2022 JN 11/15/2022 JN 11/15/2022 JN 11/15/2022 11/15/2022 JN NL 11/15/2022 NL 11/16/2022 JN 11/16/2022 11/16/2022 11/16/2022 JN JN JMK 11/16/2022 NL 11/16/2022 TBT 11/17/2022 JN 11/17/2022 JN DESCRIPTION OF SERVICES Telephone call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss liquidation analysis transfer costs assumptions Telephone call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss liquidation analysis transfer costs assumptions Telephone call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss liquidation analysis transfer costs assumptions Review notice to extend objection deadline for and continued hearing for approving the disclosure statement Review notice to extend objection deadline for disclosure statement Attend call with S. Kafiti, D. Evans (all KServicing): D. Rieger-Paganis, J. Nelson, N. LoBiondo (all AlixPartners) re: to review cost-per-loan analysis assumptions and discuss next steps Call with D. Rieger-Paganis, J. Nelson (all AlixPartners) to discuss cost-per-loan analysis Attend call with S. Kafiti, D. Evans (all KServicing): D. Rieger-Paganis, J. Nelson, N. LoBiondo (all AlixPartners) re: to review cost-per-loan analysis assumptions and discuss next steps Telephone call with N. LoBiondo ( AlixPartners) to review staffing level summary table for cost-per-loan analysis Call with D. Rieger-Paganis, J. Nelson (all AlixPartners) to discuss cost-per-loan analysis Prepare cost-per-loan analysis and assumptions overview for KServicing management meeting Review revised liquidation analysis and model Attend call with S. Kafiti, D. Evans (all KServicing): D. Rieger-Paganis, J. Nelson, N. LoBiondo (all AlixPartners) re: to review cost-per-loan analysis assumptions and discuss next steps Telephone call with J. Nelson (AlixPartners) to review staffing level summary table for cost-per-loan analysis Call with D. Evans (KServicing), J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss liquidation analysis assumptions Draft post-emergence cost-per-loan analysis workplan Review and editing of revised cost-per-loan model Call with D. Evans (KServicing), J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss liquidation analysis assumptions Call with D. Evans (KServicing), J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) to discuss liquidation analysis assumptions Review update from J. Katsigeorgis (AlixPartners) re: Disclosure statement hearing and objection deadlines Attend call with L. Milner, S. Kafiti, M. Sullivan (all KServicing) C. Bentley, N. Hwangpo (all Weil) Z. Shapiro(RLF) J. Nelson, T. Thoroddsen (all AlixPartners) discussing CUBI update, Synovus, MOR, and information needed for Plan and Disclosure Statement Call with S. Kafiti (KServicing) to discuss post-emergence org structure planning HOURS 0.5 0.5 0.5 0.1 0.1 1.3 0.3 1.3 0.4 0.3 0.8 0.9 1.3 0.4 0.5 1.7 0.7 0.5 0.5 0.1 0.8 0.4 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 51 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: Plan & Disclosure Statement 20006554P00002.1.9 DATE 11/17/2022 11/17/2022 PROFESSIONAL JN TBT 11/17/2022 TBT 11/17/2022 44883 TBT AP 11/18/2022 DCR 11/18/2022 JN 11/18/2022 JMK 11/18/2022 TBT 11/19/2022 11/20/2022 JN JN 11/20/2022 JMK 11/22/2022 JN 11/22/2022 11/22/2022 JN JMK 11/23/2022 DCR 11/23/2022 JN 11/23/2022 JN 11/23/2022 JMK DESCRIPTION OF SERVICES Develop preliminary post-emergence org structure Attend call with L. Milner, S. Kafiti, M. Sullivan (all KServicing) C. Bentley, N. Hwangpo (all Weil) Z. Shapiro(RLF) J. Nelson, T. Thoroddsen (all AlixPartners) discussing CUBI update, Synovus, MOR, and information needed for Plan and Disclosure Statement Review additional correspondence from D. Rieger-Paganis (AlixPartners) re: winddown for plan and disclosure statement Review correspondence from L. Castillo (Weil) re: plan supplements Attend call with C. Arthur, N. Hwangpo, C. Bentley, E. Ruocco (all Weil) Z. Shapiro (RLF) D. Rieger-Paganis, J. Nelson, T. Thoroddsen, A. Perrella (all AlixPartners) discussing plan and disclosure statement and other status updates Attend call with C. Arthur, N. Hwangpo, C. Bentley, E. Ruocco (all Weil) Z. Shapiro (RLF) D. Rieger-Paganis, J. Nelson, T. Thoroddsen, A. Perrella (all AlixPartners) discussing plan and disclosure statement and other status updates Attend call with D. Evans (KServicing) J. Nelson, J. Katsigeorgis (all AlixPartners) to transfer costs re: theoretical liquidation analysis Attend call with D. Evans (KServicing) J. Nelson, J. Katsigeorgis (all AlixPartners) to transfer costs re: theoretical liquidation analysis Attend call with C. Arthur, N. Hwangpo, C. Bentley, E. Ruocco (all Weil) Z. Shapiro (RLF) D. Rieger-Paganis, J. Nelson, T. Thoroddsen, A. Perrella (all AlixPartners) discussing plan and disclosure statement and other status updates Develop preliminary post-emergence org structure Attend call with N. Hwangpo, C. Bentley, L. Castillo (all Weil) J. Nelson, J. Katsigeorgis (all AlixPartners) to discuss and review current liquidation analysis assumptions, exhibits and notes Attend call with N. Hwangpo, C. Bentley, L. Castillo (all Weil) J. Nelson, J. Katsigeorgis (all AlixPartners) to discuss and review current liquidation analysis assumptions, exhibits and notes Call with J. Nelson, J. Katsigeorgis (all AlixPartners) to discuss liquidation analysis assumptions Review liquidation analysis assumptions and model Call with J. Nelson, J. Katsigeorgis (all AlixPartners) to discuss liquidation analysis assumptions Attend call with Z. Shapiro, A. Steele(all RLF) N. Hwangpo, C. Bentley, L. Castillo(all Weil) D. Rieger-Paganis, J. Nelson, J. Katsigeorgis (all AlixPartners)to discuss liquidation analysis assumptions and treatment of claims Attend call with Z. Shapiro, A. Steele(all RLF) N. Hwangpo, C. Bentley, L. Castillo(all Weil) D. Rieger-Paganis, J. Nelson, J. Katsigeorgis (all AlixPartners)to discuss liquidation analysis assumptions and treatment of claims Call with J. Nelson, J. Katsigeorgis (all AlixPartners) to discuss liquidation analysis assumptions Attend call with Z. Shapiro, A. Steele(all RLF) N. Hwangpo, C. Bentley, L. Castillo(all Weil) D. Rieger-Paganis, J. Nelson, J. Katsigeorgis (all AlixPartners)to discuss liquidation analysis assumptions and treatment of claims HOURS 0.7 0.8 0.1 0.1 0.6 0.6 0.5 0.5 0.6 1.4 1.7 1.7 0.3 0.6 0.3 1.9 1.9 0.2 1.9 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 52 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: Plan & Disclosure Statement 20006554P00002.1.9 DATE 11/23/2022 PROFESSIONAL JMK 11/28/2022 11/28/2022 11/29/2022 DCR JN JN 11/29/2022 11/29/2022 11/29/2022 JN JN NL 11/29/2022 TBT 11/30/2022 AP 11/30/2022 DCR 11/30/2022 JN 11/30/2022 JMK 11/30/2022 TBT 11/30/2022 TBT 11/30/2022 TBT 11/30/2022 TBT Total Professional Hours DESCRIPTION OF SERVICES Call with J. Nelson, J. Katsigeorgis (all AlixPartners) to discuss liquidation analysis assumptions Review revised liquidation analysis. Review unsecured claims analysis for inclusion with Liquidation Analysis Attend call to discuss cost-per-loan analysis diligence items and winddown costs template with S. Kafiti, D. Evans, L. Milner(all KServicing) J. Nelson, N. LoBiondo (all AlixPartners) Prepare requested additional disclosure language for Disclosure Statement Review and editing of revised Liquidation Analysis Attend call to discuss cost-per-loan analysis diligence items and winddown costs template with S. Kafiti, D. Evans, L. Milner(all KServicing) J. Nelson, N. LoBiondo (all AlixPartners) Review correspondence from J. McMillan (Weil) re: disclosure statement comments from DOJ Attend call with T. Thoroddsen, A. Perrella (all AlixPartners) reviewing loan analysis needed for disclosure statement Telephone call with N. Hwangpo, C. Bentley, E. Ruocco (all Weil) D. RiegerPaganis, J. Nelson, T. Thoroddsen (all AlixPartners) to discuss cost per loan and liquidation analysis Telephone call with N. Hwangpo, C. Bentley, E. Ruocco (all Weil) D. RiegerPaganis, J. Nelson, T. Thoroddsen (all AlixPartners) to discuss cost per loan and liquidation analysis Attend call with T. Thoroddsen, J. Katsigeorgis (all AlixPartners) discussing certain claims for liquidation analysis Attend call with T. Thoroddsen, J. Katsigeorgis (all AlixPartners) discussing certain claims for liquidation analysis Attend call with T. Thoroddsen, A. Perrella (all AlixPartners) reviewing loan analysis needed for disclosure statement Telephone call with N. Hwangpo, C. Bentley, E. Ruocco (all Weil) D. RiegerPaganis, J. Nelson, T. Thoroddsen (all AlixPartners) to discuss cost per loan and liquidation analysis Email response to E. Ruocco (Weil) re: data request for disclosure statement HOURS 0.2 0.4 0.6 0.6 1.2 0.5 0.6 0.2 0.2 0.5 0.5 0.1 0.1 0.2 0.5 0.1 52.7 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 53 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: Plan & Disclosure Statement 20006554P00002.1.9 PROFESSIONAL Deborah Rieger-Paganis RATE $1,160 HOURS 6.8 James Nelson $945 26.6 25,137.00 Thora B Thoroddsen $880 3.3 2,904.00 John M Katsigeorgis $795 10.3 8,188.50 Anthony Perrella $555 0.8 444.00 Nicholas LoBiondo $555 Total Professional Hours and Fees $ 4.9 52.7 FEES 7,888.00 2,719.50 $ 47,281.00 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 54 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: Vendor Management 20006554P00002.1.13 DATE 11/03/2022 11/03/2022 PROFESSIONAL AP AP 11/03/2022 11/03/2022 11/03/2022 11/03/2022 11/03/2022 11/03/2022 TBT TBT TBT TBT TBT TBT 11/03/2022 11/03/2022 11/03/2022 11/03/2022 11/03/2022 TBT TBT TBT TBT TBT 11/03/2022 11/03/2022 TBT TBT 11/03/2022 TBT 11/04/2022 11/04/2022 11/04/2022 TBT TBT TBT 11/08/2022 TBT 11/08/2022 11/08/2022 11/09/2022 TBT TBT TBT 11/09/2022 TBT 11/09/2022 11/09/2022 11/09/2022 TBT TBT TBT 11/09/2022 11/09/2022 11/10/2022 TBT TBT NL 11/10/2022 11/10/2022 11/10/2022 11/10/2022 TBT TBT TBT TBT DESCRIPTION OF SERVICES HOURS Develop bi-weekly report to the Fed of defaulted loans Working Session with T. Thoroddsen, A. Perrella (both AlixPartners) re: review of post-petition payments Email to C. Myron (Marsh) re: invoices for Cyber insurance Email to D. Walker (KServicing) re: certain tax payments Email to J. Mullaney (KServicing) re: CIT payments Email to N. LoBiondo (AlixPartners) re: certain worker contract invoices Request backup for certain AP invoices Respond to W. Dauzart (KServicing) re: split between pre and post-petition for certain vendor invoice Review correspondence from D. Walker (KServicing) re: certain payables Review invoice backup received from W. Dauzart (KServicing) Review open payables to identify pre versus post petition payables Send additional correspondence to CIT re: outstanding pre-petition invoices Send summary to W. Dauzart (KServicing) of approved payables to request authorization to pay Sent request to W. Dauzart (KServicing) re: open payables Telephone call with CIT representative re: pre-petition invoices for certain computer equipment Working Session with T. Thoroddsen, A. Perrella (both AlixPartners) re: review of post-petition payments Email to T. Williams (KServicing) re: CIT payments Review confirmation from S. Estell (KServicing) re: CIT October payments Review correspondence from T. Williams (KServicing) re: CIT AP activity in October Email to T. Williams, W. Dauzart (both KServicing) re: outstanding salesforce invoice Respond to N. LoBiondo (AlixPartners) re: certain vendor payments Review open invoices in AP versus newly signed quote with salesforce Email to W. Dauzart (KServicing) re: proposed correspondence and backup to respond to certain vendor inquiry Email to W. Dauzart, T. Williams (both KServicing) re: split between pre and postpetition periods for certain IT vendor Request invoice backup for certain invoices from T. Williams (KServicing) Respond to J. Mullaney (KServicing) re: certain vendor payments Review correspondence from W. Dauzart (KServicing) re: certain vendor request 1.3 0.2 Review invoice detail from J. Kearney (KServicing) for certain IT vendor Start updating payments against 1st Day motions for November payments Telephone call with T. Thoroddsen, N. LoBiondo (both AlixPartners) re; vendor payment process Email to W. Dauzart (KServicing) re: certain missing pre-petition invoice in AP Request backup for certain vendor invoices to W. Dauzart (KServicing) Respond to T. Williams (KServicing) re: certain bank debits Respond to W. Dauzart (KServicing) re: posting of certain pre-petition invoices 0.1 0.4 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.2 0.3 0.1 0.1 0.1 0.2 0.2 0.1 0.1 0.1 0.1 0.1 0.2 0.2 0.1 0.1 0.1 0.1 0.1 0.2 0.1 0.1 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 55 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: Vendor Management 20006554P00002.1.13 DATE 11/10/2022 PROFESSIONAL TBT 11/10/2022 11/10/2022 TBT TBT 11/10/2022 11/10/2022 11/10/2022 TBT TBT TBT 11/10/2022 TBT 11/11/2022 TBT 11/11/2022 TBT 11/14/2022 NL 11/14/2022 11/14/2022 TBT TBT 11/14/2022 11/14/2022 11/14/2022 11/14/2022 11/14/2022 TBT TBT TBT TBT TBT 11/15/2022 11/15/2022 11/15/2022 TBT TBT TBT 11/16/2022 TBT 11/16/2022 TBT 11/16/2022 11/16/2022 11/16/2022 11/16/2022 TBT TBT TBT TBT 11/16/2022 11/16/2022 11/16/2022 11/16/2022 DESCRIPTION OF SERVICES HOURS Review additional backup information received from W. Dauzart (KServicing) re: outstanding invoices to be paid Review certain claims filed versus current AP data Review outstanding AP file from W. Dauzart (KServicing) for potential payments 0.2 Review updated outstanding AP run from W. Dauzart (KServicing) Send comments to W. Dauzart (KServicing) re: outstanding invoices Send review summary to W. Dauzart, T. Williams (both KServicing) re: AP payment request Telephone call with T. Thoroddsen, N. LoBiondo (both AlixPartners) re; vendor payment process Email to KServicing Finance team regarding process for payment of OCP and retained professionals Review additional correspondence from A. Ham (Weil) re: process for professional payments Telephone call with T. Thoroddsen, N. LoBiondo (both AlixPartners) re: certain pre-petition invoices Call with representative from CIT re: outstanding balances Email to C. Bentley, A. Ham (both Weil) re: correspondence to certain vendor re: pre-petition invoices Email to W. Dauzart (KServicing) re: certain pre-petition invoices Respond to L. Milner (KServicing) re: pre-petition invoices for TLO Review correspondence from A. Ham (Weil) re: vendor correspondence Review correspondence from S. Kafiti (KServicing) re: vendor communications Telephone call with T. Thoroddsen, N. LoBiondo (both AlixPartners) re: certain pre-petition invoices Email to C. Myron (Marsh) re: invoices for Cyber insurance Review correspondence from C. Myron (Marsh) re: cyber invoices Review correspondence from W. Dauzart (KServicing) re: updates to split between pre and post petition invoices Email to M. Sullivan (KServicing) re: payment information for deferred payroll tax as requested Email to M. Sullivan (KServicing) re: Phoenix invoice and employment application 0.2 0.1 0.1 0.1 0.1 0.1 0.1 TBT Request invoice copies from W. Dauzart (KServicing) Respond to K. Steverson (Omni) re: contact for invoices Respond to question from L. Milner (KServicing) re: certain outstanding invoice Review correspondence from J. Mullaney (KServicing) re: payments to Federal Reserves Review correspondence from M. Sullivan (KServicing) re: ERCs for payroll tax TBT TBT TBT Review response from M. Sullivan (KServicing) re: Phoenix invoice Review updated AP file from W. Dauzart (KServicing) Send summary to W. Dauzart (KServicing) re: pre- versus post petition payables 0.1 0.4 0.1 0.3 0.3 0.1 0.2 0.1 0.1 0.2 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.3 0.1 0.1 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 56 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: Vendor Management 20006554P00002.1.13 DATE 11/17/2022 PROFESSIONAL TBT 11/17/2022 11/17/2022 11/17/2022 11/17/2022 11/17/2022 TBT TBT TBT TBT TBT 11/21/2022 11/22/2022 TBT NL 11/22/2022 11/22/2022 TBT TBT 11/22/2022 11/22/2022 11/22/2022 11/22/2022 11/22/2022 11/22/2022 TBT TBT TBT TBT TBT TBT 11/23/2022 11/28/2022 TBT TBT 11/28/2022 TBT 11/28/2022 11/29/2022 11/29/2022 TBT TBT TBT 11/30/2022 11/30/2022 11/30/2022 11/30/2022 11/30/2022 TBT TBT TBT TBT TBT 11/30/2022 TBT 11/30/2022 TBT Total Professional Hours DESCRIPTION OF SERVICES HOURS Email to W. Dauzart, M. Sullivan, T. Williams (all KServicing) re: Omni invoices 0.1 Respond to M. Sullivan (KServicing) re: payables versus cash forecast Review correspondence from L. Milner (KServicing) re: approval of payments Review invoices received from K. Steverson (Omni) Review updated proposed payments from W. Dauzart (KServicing) Telephone call with K. Steverson (Omni) re: Omni invoices for claims agent and noticing activities Respond to A. Ham (Weil) re: timing of professional fee payments Telephone call with T. Thoroddsen, N. LoBiondo (all AlixPartners) re: certain vendor payments Email to A. Ham (Weil) re: Omni invoices Email to W. Dauzart (KServicing) re: responses to vendor inquiries about payment of pre-petition invoices Email to W. Dauzart (KServicing) re: review of AP invoices Review open AP invoices from W. Dauzart (KServicing) Review response from A. Ham (Weil) re: Omni invoices Review tax notification from State of Alabama versus taxes paid for 2021 Review updates from T. Williams (KServicing) re: vendor payments Telephone call with T. Thoroddsen, N. LoBiondo (all AlixPartners) re: certain vendor payments Review update from T. Williams (KServicing) re: today's payments Respond to T. Williams (KServicing) re: certain pre- and post-petition invoices re: training Review correspondence from L. Milner (KServicing) re: payment follow ups from certain vendor Review correspondence from S. Estell (KServicing) re: payment request Respond to H. Loiseau (KServicing) re: OCP payment process Review correspondence from A. Ham (Weil) re: payments to retained professionals and ordinary course professionals Email to T. Williams (KServicing) re: certain tax payments Email to W. Dauzart (KServicing) re: certain outstanding invoice copies Email to W. Dauzart (KServicing) re: confirmed post-petition invoices Review backup for certain vendor invoices from W. Dauzart (KServicing) Review correspondence from J. Mullaney (KServicing) re: certain vendor payments 0.1 0.1 0.3 0.2 0.1 Review invoices for certain IT vendor for renewal of services from T. Williams (KServicing) Review open accounts payable report from W. Dauzart (KServicing) 0.2 0.1 0.1 0.1 0.2 0.1 0.4 0.1 0.2 0.1 0.1 0.1 0.2 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.3 14.2 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 57 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: Vendor Management 20006554P00002.1.13 PROFESSIONAL Thora B Thoroddsen RATE $880 HOURS 12.4 Anthony Perrella $555 1.5 Nicholas LoBiondo $555 Total Professional Hours and Fees $ 832.50 0.3 14.2 FEES 10,912.00 166.50 $ 11,911.00 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 58 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: Executory Contracts 20006554P00002.1.14 DATE 11/14/2022 PROFESSIONAL JN 11/14/2022 11/14/2022 TBT TBT 11/15/2022 JN 11/15/2022 TBT 11/15/2022 11/15/2022 TBT TBT 11/15/2022 11/15/2022 TBT TBT 11/15/2022 TBT 11/15/2022 TBT 11/15/2022 TBT 11/15/2022 11/15/2022 TBT TBT 11/16/2022 TBT 11/16/2022 TBT 11/16/2022 11/17/2022 TBT JN 11/17/2022 TBT 11/17/2022 11/17/2022 11/19/2022 TBT TBT TBT 11/19/2022 11/28/2022 TBT TBT 11/29/2022 AP DESCRIPTION OF SERVICES HOURS Telephone call J. Nelson, T. Thoroddsen (both AlixPartners) re: executory contract review Start reviewing list of executory contracts to share with KServicing Telephone call J. Nelson, T. Thoroddsen (both AlixPartners) re: executory contract review Telephone call J. Nelson, T. Thoroddsen (both AlixPartners) re: executory contract review (AlixPartners): Telephone call with S. Moss (Kservicing) re: executory contract review process 0.2 Email to C. Bentley (Chase) re: timing of executory contract review Email to S. Kafiti, S. Moss (both KServicing) re: contract review based upon timing from C. Bentley (Weil) Email to S. Moss (KServicing) re: executory contracts on Schedule G Review correspondence from H. Loiseau (KServicing) re: executory contract review priorities Review correspondence from S. Kafiti (KServicing) re: executory contract review 0.1 0.1 Revise listing of executory contracts on Schedule G to share with S. Moss (KServicing) Send list of critical vendors from D. Evans (KServicing) to S. Moss (KServicing) as requested Telephone call with C. Bentley (Weil) re: executory contract review process Telephone call J. Nelson, T. Thoroddsen (both AlixPartners) re: executory contract review (AlixPartners): Attend call with C. Bentley (Weil) M. Sullivan, T. Williams, S. Kafiti, S. Moss, V. Martin, L. Milner (all KServicing) re: executory contract review for potential rejection damages claims Review update from S. Moss (KServicing) re: resignation of independent manager for Kabbage Asset Securitization Review updated Schedule G file from S. Moss (KServicing) Attend call with C. Bentley (Weil) J. Nelson, T. Thoroddsen (all AlixPartners) re: executory contract review for potential rejection damages Attend call with C. Bentley (Weil) J. Nelson, T. Thoroddsen (all AlixPartners) re: executory contract review for potential rejection damages Review correspondence from S. Kafiti (KServicing) re: referral agreements Review correspondence from T. Williams (KServicing) re: referral tracking Email to J. Nelson (AlixPartners) re: executory contract review questions from S. Kafiti (KServicing) Telephone call with S. Kafiti (KServicing) re: executory contracts Review summary from S. Kafiti (KServicing) re: potential rejection damages related to TSA agreement Attend call with S. Kafiti, M. Sullivan, T. Williams (all KServicing) T. Thoroddsen, A. Perrella (all AlixPartners) to discuss executory claims review for potential rejection damages 0.4 0.6 0.2 0.2 0.4 0.1 0.1 0.1 0.1 0.2 0.2 1.1 0.1 0.3 0.2 0.2 0.1 0.1 0.2 0.3 0.2 0.9 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 59 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: Executory Contracts 20006554P00002.1.14 DATE 11/29/2022 PROFESSIONAL TBT 11/29/2022 TBT 11/30/2022 AP 11/30/2022 TBT 11/30/2022 TBT Total Professional Hours DESCRIPTION OF SERVICES Attend call with M. Sullivan, T. Williams, C. Bergmark, I. Naraine (all KServicing) T. Bullet (Windham Brannon) discussing IRS deferred tax liability and uncashed US Treasury checks Attend call with S. Kafiti, M. Sullivan, T. Williams (all KServicing) T. Thoroddsen, A. Perrella (all AlixPartners) to discuss executory claims review for potential rejection damages Telephone call with M. Sullivan, T. Williams (all KServicing) T. Thoroddsen, A. Perrella (all AlixPartners) to discuss contract review and vendor payments Telephone call with M. Sullivan, T. Williams (all KServicing) T. Thoroddsen, A. Perrella (all AlixPartners) to discuss contract review and vendor payments Email to S. Moss (KServicing) re: termination notice for certain IT related contract HOURS 0.9 0.9 0.4 0.4 0.1 9.4 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 60 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: Executory Contracts 20006554P00002.1.14 PROFESSIONAL James Nelson RATE $945 HOURS 0.6 Thora B Thoroddsen $880 7.5 Anthony Perrella $555 1.3 Total Professional Hours and Fees 9.4 $ FEES 567.00 6,600.00 721.50 $ 7,888.50 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 61 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: Claims Process / Avoidance Actions 20006554P00002.1.15 DATE 11/03/2022 11/03/2022 PROFESSIONAL TBT TBT 11/04/2022 TBT 11/04/2022 11/07/2022 11/07/2022 TBT TBT TBT 11/07/2022 11/08/2022 11/08/2022 11/09/2022 11/09/2022 11/09/2022 11/09/2022 11/09/2022 TBT TBT TBT TBT TBT TBT TBT TBT 11/10/2022 TBT 11/10/2022 TBT 11/11/2022 11/18/2022 11/19/2022 TBT TBT TBT 11/21/2022 11/22/2022 11/23/2022 11/28/2022 11/28/2022 TBT TBT TBT TBT TBT 11/28/2022 11/28/2022 11/28/2022 11/28/2022 11/28/2022 11/28/2022 DESCRIPTION OF SERVICES HOURS Email to K. Steverson (Omni) re; certain notification addresses Review correspondence from K. Steverson (Omni) re: borrowers contacts without names Review updates from S. Haliburton (KServicing) re: borrower information for noticing Send requested data to K. Steverson (Omni) re: borrowers for noticing Review update from S. Haliburton (KServicing) re: certain borrower name Send follow up question to S. Haliburton (KServicing) re: certain borrower name 0.1 0.1 0.2 0.1 0.2 0.1 0.1 0.1 0.1 0.1 TBT TBT TBT TBT TBT TBT Telephone call K. Steverson (Omni) discussing bar date and claims filed Email to M. Milana (RLF) re: future publications Telephone call K. Steverson (Omni) discussing pending and future publications Email to K. Steverson (Omni) re: notices for certain litigation parties Review correspondence from C. Arthur (Weil) re: Class Action Law suit Review correspondence from certain borrower from K. Steverson (Omni) Review correspondence from K. Steverson (Omni) re: claims register Review correspondence from V. Martin (KServicing) re: certain litigations and automatic stay Review confirmation from K. Steverson (Omni) re: notification for certain litigation parties Review vendor master list and AP data to respond to inquiry from K. Steverson (Omni) re: certain vendor on creditor matrix Review claims register from K. Steverson (Omni) Review new claims filed from K. Steverson (Omni) Email to S. Kafiti, H. Loiseau, V. Martin, S. Moss (all KServicing) re: certain litigation claim filed Email to K. Steverson (Omni) re: missing claim copy on claims website Analyze claims filed by category and priority Review additional tax related claims filed Analyze updated claims report from B. Whitaker (Omni) Email to K. Steverson (Omni) for reach out to certain borrower to withdraw satisfied claim Email to K. Steverson (Omni) re: unredacted backup for certain borrower claim Email to P. Greene (KServicing) re: priority borrower claims for review Email to T. Williams (KServicing) re: priority tax claims Email to V. Martin (KServicing) re: certain litigation claim Review 503b9 claims filed by borrowers Review correspondence from P. Greene (KServicing) re: certain legacy loan claims 11/28/2022 11/28/2022 TBT TBT Review correspondence from P. Greene (KServicing) re: certain PPP claims Review correspondence from P. Greene (KServicing) re: certain sold legacy loans 0.1 0.1 11/28/2022 11/28/2022 11/28/2022 TBT TBT TBT Review priority customer claims filed Review priority tax claims filed Send 503b9 claims to P. Greene (KServicing) to review 0.6 0.3 0.1 0.1 0.1 0.1 0.1 0.1 0.2 0.2 0.7 0.1 0.1 1.2 0.4 0.6 0.1 0.1 0.1 0.1 0.1 0.3 0.1 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 62 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: Claims Process / Avoidance Actions 20006554P00002.1.15 DATE 11/28/2022 PROFESSIONAL TBT 11/28/2022 11/28/2022 11/29/2022 11/29/2022 11/29/2022 TBT TBT TBT TBT TBT 11/29/2022 TBT 11/29/2022 TBT 11/30/2022 TBT 11/30/2022 TBT 11/30/2022 TBT 11/30/2022 TBT 11/30/2022 TBT 11/30/2022 TBT 11/30/2022 TBT Total Professional Hours DESCRIPTION OF SERVICES HOURS Send follow up questions to P. Greene (KServicing) re: certain sold legacy loans 0.1 Send follow ups to P. Greene (KServicing) re: certain customer claims Send request to K. Steverson (Omni) re: certain unclassified claims Review additional claims filed Review certain admin claims filed by salesforce Review correspondence from H. Loiseau (KServicing) re: validation of certain claim filed Review preliminary responses for tax claims from N. Suki (Windham Brannon) Review response from T. Williams (KServicing) re: certain tax claims Analyze claims filed by Debtors Email to B. Whitaker (Omni) re: claims status Email to S. Kafiti (KServicing) re: certain claims filed Respond to E. Ruocco (Weil) re: status of claims filed Review additional claims filed Review claims filed for potential claims related to class action Send claims filed by Debtors to N. Hwangpo (Weil) as requested 0.1 0.1 0.3 0.3 0.1 0.1 0.1 0.3 0.2 0.1 0.1 0.4 0.3 0.1 10.0 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 63 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: PROFESSIONAL Thora B Thoroddsen Total Professional Hours and Fees Claims Process / Avoidance Actions 20006554P00002.1.15 RATE $880 HOURS 10.0 $ FEES 8,800.00 10.0 $ 8,800.00 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 64 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: Adversary Proceedings & Contested Matters 20006554P00002.1.16 DATE 11/01/2022 11/01/2022 11/03/2022 11/03/2022 11/04/2022 PROFESSIONAL DCR JN JN JN JN 11/04/2022 11/04/2022 11/07/2022 11/07/2022 11/08/2022 JN TBT JN TBT DCR 11/08/2022 11/08/2022 JN JN 11/09/2022 JN 11/09/2022 11/09/2022 JN JMK 11/09/2022 NL 11/09/2022 TBT 11/14/2022 JN 11/15/2022 JN 11/15/2022 JN 11/28/2022 JN Total Professional Hours DESCRIPTION OF SERVICES Review case related matters including those related to CUBI settlement. Review CUBI holdback reconciliation schedule Correspondence regarding CUBI potential contingent liability amounts Review responses to CUBI request for reconciliation-related information Attend call with S. Kafiti, D. Evans, T. Williams, D. Walker (all KServicing) to discuss CUBI reconciliation Review CUBI borrower collection reconciliation schedules Review CRB's objection to CUBI settlement Attend call to D. Evans (KServicing) re: CUBI reconciliation Review declaration of L. Milner (KServicing) in support of CUBI settlement Call with C. Arthur and N. Hwangpo (both Weil) to discuss diligence request from Congressional committee. Telephone call with C. Arthur (Weil) re: CUBI reconciliation Correspondence with KServicing operations team and Weil team regarding CUBI settlement reconciliation Attend call with J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) re: CUBI reconciliation updates Research of CUBI collection and remittance activity Attend call with J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) re: CUBI reconciliation updates Attend call with J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) re: CUBI reconciliation updates Review order approving CUBI settlement Review CUBI reconciliation support materials Call with C. Bentley (Weil) to discuss CUBI reconciliation Review CUBI settlement correspondence and reconciliation details Conduct research into CUBI remittance documentation for November payment HOURS 0.4 0.7 0.3 1.3 0.9 1.2 0.3 0.2 0.2 0.3 0.3 0.4 0.5 0.7 0.5 0.5 0.2 0.7 0.3 0.7 0.6 11.2 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 65 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: Adversary Proceedings & Contested Matters 20006554P00002.1.16 PROFESSIONAL Deborah Rieger-Paganis RATE $1,160 HOURS 0.7 James Nelson $945 8.8 8,316.00 Thora B Thoroddsen $880 0.7 616.00 John M Katsigeorgis $795 0.5 397.50 Nicholas LoBiondo $555 0.5 277.50 Total Professional Hours and Fees 11.2 $ $ FEES 812.00 10,419.00 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 66 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: Preparation for & Attend Court Hearing 20006554P00002.1.17 DATE 11/03/2022 11/04/2022 11/07/2022 11/07/2022 PROFESSIONAL TBT TBT DCR DCR 11/07/2022 11/07/2022 11/08/2022 JN TBT AP 11/08/2022 DCR 11/08/2022 JN 11/08/2022 TBT 11/10/2022 DCR 11/10/2022 JN 11/10/2022 TBT 11/29/2022 JN 11/29/2022 TBT Total Professional Hours DESCRIPTION OF SERVICES Review agenda for 11/7 hearing Review amended agenda for November 7th hearing Attend court hearing re: CUBI 9019 settlement motion and cash collateral order. Review related court documents in preparation for hearing re: cash collateral order and 9019 settlement. Attend court hearing re: CUBI 9019 settlement motion and cash collateral order Attend virtually court hearing re: CUBI settlement and cash collateral order Attend call to discuss with N. Hwangpo, B. Chase, E. Ruocco (Weil): Z. Shapiro, A. Steele (RLF): L. Milner, D. Walker, S. Kafiti (all KServicing): D. RiegerPaganis, J. Nelson, T. Thoroddsen, A. Perrella (all AlixPartners) re: 341 meeting and preparation : Attend call to discuss with N. Hwangpo, B. Chase, E. Ruocco (Weil): Z. Shapiro, A. Steele (RLF): L. Milner, D. Walker, S. Kafiti (all KServicing): D. RiegerPaganis, J. Nelson, T. Thoroddsen, A. Perrella (all AlixPartners) re: 341 meeting and preparation : Attend call to discuss with N. Hwangpo, B. Chase, E. Ruocco (Weil): Z. Shapiro, A. Steele (RLF): L. Milner, D. Walker, S. Kafiti (all KServicing): D. RiegerPaganis, J. Nelson, T. Thoroddsen, A. Perrella (all AlixPartners) re: 341 meeting and preparation : Attend call to discuss with N. Hwangpo, B. Chase, E. Ruocco (Weil): Z. Shapiro, A. Steele (RLF): L. Milner, D. Walker, S. Kafiti (all KServicing): D. RiegerPaganis, J. Nelson, T. Thoroddsen, A. Perrella (all AlixPartners) re: 341 meeting and preparation : Attend 341A Meeting with D. Rieger-Paganis, J. Nelson, T. Thoroddsen (all AlixPartners) Attend 341A Meeting with D. Rieger-Paganis, J. Nelson, T. Thoroddsen (all AlixPartners) Attend 341A Meeting with D. Rieger-Paganis, J. Nelson, T. Thoroddsen (all AlixPartners) Attend Status Conference re: CUBI settlement dispute Attend Status Conference re: CUBI settlement dispute HOURS 0.2 0.1 2.8 1.8 2.5 2.1 1.6 1.6 1.6 1.6 1.4 1.4 1.4 0.4 0.4 20.9 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 67 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: Preparation for & Attend Court Hearing 20006554P00002.1.17 PROFESSIONAL Deborah Rieger-Paganis RATE $1,160 HOURS 7.6 FEES 8,816.00 James Nelson $945 5.9 5,575.50 Thora B Thoroddsen $880 5.8 5,104.00 Anthony Perrella $555 1.6 Total Professional Hours and Fees 20.9 888.00 $ 20,383.50 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 68 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: Fee Statements & Fee Applications 20006554P00002.1.20 DATE 11/03/2022 11/10/2022 PROFESSIONAL LMB JN 11/10/2022 LMB 11/11/2022 TBT 11/12/2022 11/14/2022 11/15/2022 LMB LCV JN 11/15/2022 11/15/2022 11/16/2022 LCV LMB AP 11/16/2022 LMB 11/17/2022 11/18/2022 11/21/2022 11/21/2022 11/21/2022 LMB LMB AP JN LMB 11/22/2022 11/22/2022 AP AP 11/22/2022 JN 11/22/2022 11/22/2022 JN LMB 11/22/2022 LMB 11/22/2022 LMB 11/22/2022 LMB 11/22/2022 LMB 11/23/2022 HES 11/23/2022 JN 11/23/2022 LMB 11/23/2022 LMB 11/28/2022 JN Total Professional Hours DESCRIPTION OF SERVICES Review professional fees for the October 2022 monthly fee application Telephone call with J. Nelson, L. Bonito (both AlixPartners) to discuss October 2022 monthly fee application review Call with J. Nelson, L. Bonito (both AlixPartners) to discuss October 2022 monthly fee application review Review correspondence from A. Ham (Weil) re: monthly fee application process and payments for retained professionals Prepare professional fees for October 2022 monthly fee application Review professional fees for October 2022 monthly fee application Prepare cost-per-loan analysis and assumptions overview for KServicing management meeting Prepare professional fees for October 2020 monthly fee application Prepare professional fees for October 2022 monthly fee statement Telephone call with A. Perrella and L. Bonito (both AlixPartners) re: fee application guidelines and first monthly fee application Telephone call with A. Perrella and L. Bonito (both AlixPartners) re: fee application guidelines and first monthly fee application Prepare professional fees for October 2022 monthly fee application Prepare professional fees for first monthly fee statement (October 2022) Develop Fee Application time descriptions for October Fee Application Review October invoice time and expense details Continued preparation of professional fees and expenses for first monthly fee application (October 2022) Analyze professional fees for October 2022 Fee Application Meeting with L. Bonito and A. Perrella (both AlixPartners) re: KServicing October fee application review Meeting with L. Bonito and J. Nelson (both AlixPartners) re: K. Servicing October fee application review Review October invoice time and expense details Meeting with L. Bonito and A. Perrella (both AlixPartners) re: Cineworld October fee application review Meeting with L. Bonito and J. Nelson (both AlixPartners) re: K. Servicing October fee application review Prepare fee application status chart Prepare First Monthly Fee Application, supporting schedules and exhibits Prepare schedule/exhibit workbook for initial monthly fee statement Review monthly fee application for filing Review and editing of October monthly fee statement Emails with J. Nelson (AlixPartners) re: exhibits to first monthly fee statement Revise First Monthly Fee Application, supporting schedules and exhibits Review and editing of October invoice and monthly fee statement HOURS 0.3 0.2 0.2 0.1 1.3 2.1 0.6 2.7 1.2 0.3 0.3 1.3 1.0 2.3 0.4 1.0 1.2 0.4 0.2 1.5 0.4 0.2 0.3 2.2 1.3 0.2 1.3 0.2 1.6 0.4 26.7 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 69 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: Fee Statements & Fee Applications 20006554P00002.1.20 PROFESSIONAL James Nelson RATE $945 HOURS 4.6 Thora B Thoroddsen $880 0.1 88.00 Laura Capen Verry $530 4.8 2,544.00 Heather E Saydah $510 0.2 102.00 Anthony Perrella $555 4.2 2,331.00 Lisa Marie Bonito $475 12.8 Total Professional Hours and Fees 26.7 $ FEES 4,347.00 6,080.00 $ 15,492.00 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 70 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: Travel Time 20006554P00002.1.31 DATE 11/07/2022 PROFESSIONAL DCR 11/07/2022 JN 11/07/2022 JN 11/17/2022 JN 11/18/2022 JN Total Professional Hours DESCRIPTION OF SERVICES Travel from Yorktown Heights to Wilmington, Delaware for Bankruptcy Court Hearing Travel from Boston to Wilmington for Bankruptcy Court Hearing Travel from Wilmington to Boston following for Bankruptcy Court Hearing Travel from Boston to New York City for engagement team meetings Travel from New York City to Boston HOURS 4.0 3.0 3.0 3.0 3.0 16.0 Case 22-10951-CTG Doc 391-2 Filed 12/29/22 Page 71 of 71 Kabbage, Inc. d/b/a Kservicing 925B Peachtree Street NE Suite 383 Atlanta, GA 30309 Re: Code: Travel Time 20006554P00002.1.31 PROFESSIONAL Deborah Rieger-Paganis RATE $1,160 HOURS 4.0 James Nelson $945 12.0 $ 11,340.00 16.0 $ 15,980.00 (7,990.00) 7,990.00 Total Professional Hours and Fees Less 50% Travel Total Professional Fees FEES 4,640.00 $
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