Exhibit B Comparison of Fees and Hours Budgeted to Billed — Greenberg Traurig, LLP (Doc. 533-3)

Summary

Greenberg Traurig, LLP billed 228.3 hours and $223,096.50 against a budget of 295 hours and $288,215.00 during the first interim period in Case 22-10951-CTG, per Exhibit B to Doc 533-3 filed 02/14/23, with Board and Corporate Governance the largest category at 97.4 hours and $104,857.50 against $195,400.00 estimated. Court Hearings ran over budget at 50.8 hours and $57,153.00 against 25.00 hours and $24,425.00, and the actual blended hourly rate for the 4 shareholders was $1,470.84 against $1,307.00 estimated.

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Date: 2023-02-14

Cite this document

“Exhibit B Comparison of Fees and Hours Budgeted to Billed — Greenberg Traurig, LLP (Doc. 533-3).” Original at archive.org, dated 2023-02-14. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2023-02-14-kservicing-bankruptcy-dc042290-1/, SHA-256 dc042290beebee0a0f346561d7174bb35adfd494e18b44364007eed36a5ce0d9.

Full text

                            Case 22-10951-CTG    Doc 533-3       Filed 02/14/23   Page 1 of 1




                                                     Exhibit B

                          Comparison of Fees and Hours Budgeted to Fees and Hours
                                   Billed During the First Interim Period
                                          Greenberg Traurig, LLP

 Task                                                    Estimated         Actual        Estimated
                          Project Category                                                                Actual Fees
 Code                                                     Hours          Hours Billed      Fees
KS001    Case Administration                                 30.00           22.8        $29,310.00       $17,416.00
KS003    Employment and Fee Applications                     40.00           57.3        $39,080.00       $43,670.00
KS005    Board and Corporate Governance                      200.00          97.4        $195,400.00      $104,857.50
KS007    Court Hearings                                      25.00           50.8        $24,425.00       $57,153.00
Total:                                                        295            228.3       $288,215.00      $223,096.50


                                       Number of
                                                         Actual
                                      Timekeepers                        Estimated
                                                       Number of
                 Category of        Expected to Work                      Average        Actual Blended
                                                      Timekeepers
                 Timekeeper         on Matter During                      Hourly          Hourly Rate
                                                       During the
                                       the Interim                         Rate
                                                     Interim Period
                                         Period
                 Shareholders               4               4             $1,307.00         $1,470.84
               Senior Counsel                1               1            $1,565.00         $1,565.00
                  Associates                 1               1             $870.00              $870.00
                  Paralegals                 1               1             $435.00              $435.00

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