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AlixPartners) re: cash collateral reporting updates, including updated cash collateral

Date
2023-03-03

Summary

Doc 601-2 in Case 22-10951-CTG, filed 03/03/23, is Exhibit A, a Description of AlixPartners' Hours and Fees by Matter Category for Kabbage, Inc. d/b/a Kservicing. The 66-page exhibit lists daily time entries from January 2023 by professional, with descriptions and hours, grouped under matter codes such as Chapter 11 Process / Case Management, Loan Transfer Activities and Travel Time. Many entries record internal calls about cash collateral reporting, budget updates, monthly operating reports, the disclosure statement hearing and loan transition work. The Loan Transfer Activities summary shows 13.4 hours and $13,329.50 in fees. The Travel Time summary shows 7.0 hours and $7,140.00, reduced by 50% to total professional fees of $3,570.00.

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Full text

Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 1 of 66

Exhibit A
Description of AlixPartners’ Hours and Fees by Matter Category


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 2 of 66

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
01/03/2023

PROFESSIONAL
AP

01/03/2023

DCR

01/03/2023
01/03/2023

DCR
JN

01/03/2023

JMK

01/03/2023

NL

01/03/2023

TBT

01/03/2023
01/04/2023

TBT
DCR

01/04/2023

JN

01/04/2023

JMK

01/04/2023

NL

01/04/2023
01/05/2023

TBT
DCR

01/05/2023

JN

01/05/2023

JMK

01/05/2023

NL

01/06/2023

AP

DESCRIPTION OF SERVICES
Attend call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners)
re: pre-petition payments, claims review and objection process
Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all
AlixPartners) re: cash collateral reporting updates, including updated cash collateral
budget, and cost-per-loan analysis
$1,789
Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all
AlixPartners) re: cash collateral reporting updates, including updated cash collateral
budget, and cost-per-loan analysis
Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all
AlixPartners) re: cash collateral reporting updates, including updated cash collateral
budget, and cost-per-loan analysis
Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all
AlixPartners) re: cash collateral reporting updates, including updated cash collateral
budget, and cost-per-loan analysis
Attend call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners)
re: pre-petition payments, claims review and objection process
Update project priority list
Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all
AlixPartners) re: cash collateral reporting updates, including updated cash collateral
budget, and cost-per-loan analysis
Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all
AlixPartners) re: cash collateral reporting updates, including updated cash collateral
budget, and cost-per-loan analysis
Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all
AlixPartners) re: cash collateral reporting updates, including updated cash collateral
budget, and cost-per-loan analysis
Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all
AlixPartners) re: cash collateral reporting updates, including updated cash collateral
budget, and cost-per-loan analysis
Update weekly management status report
Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all
AlixPartners) re: status of updated cash collateral budget and other cash collateral
reporting
Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all
AlixPartners) re: status of updated cash collateral budget and other cash collateral
reporting
Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all
AlixPartners) re: status of updated cash collateral budget and other cash collateral
reporting
Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all
AlixPartners) re: status of updated cash collateral budget and other cash collateral
reporting
Attend call with T. Thoroddsen, A. Perrella (all AlixPartners) re: professional fees
and claims process and objections

HOURS
0.3
0.3
0.3
0.3
0.3
0.3
0.3
0.2
0.3
0.3
0.3
0.3
0.3
0.3
0.3
0.3
0.3
0.3


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 3 of 66

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
01/06/2023

PROFESSIONAL
DCR

01/06/2023

JN

01/06/2023

JMK

01/06/2023

NL

01/06/2023

TBT

01/06/2023
01/09/2023

TBT
AP

01/09/2023

DCR

01/09/2023

DCR

01/09/2023

JN

01/09/2023

JMK

01/09/2023

NL

01/09/2023

TBT

01/10/2023

DCR

01/10/2023

JN

01/10/2023
01/10/2023

JN
JMK

01/10/2023

NL

DESCRIPTION OF SERVICES
Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all
AlixPartners) re: status of updated cash collateral budget, cash collateral reporting
and updated professional fees
Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all
AlixPartners) re: status of updated cash collateral budget, cash collateral reporting
and updated professional fees
Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all
AlixPartners) re: status of updated cash collateral budget, cash collateral reporting
and updated professional fees
Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all
AlixPartners) re: status of updated cash collateral budget, cash collateral reporting
and updated professional fees
Attend call with T. Thoroddsen, A. Perrella (all AlixPartners) re: professional fees
and claims process and objections
Review updated agenda for today's hearing
Attend call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners)
re: tax payment update and professional fees
Attend call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners)
re: tax payment update and professional fees
Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all
AlixPartners) re: status of cash collateral reporting, budget updates, and general
project status
Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all
AlixPartners) re: status of cash collateral reporting, budget updates, and general
project status
Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all
AlixPartners) re: status of cash collateral reporting, budget updates, and general
project status
Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all
AlixPartners) re: status of cash collateral reporting, budget updates, and general
project status
Attend call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners)
re: tax payment update and professional fees
Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all
AlixPartners) re: status of cash collateral reporting, budget updates, and general
project status
Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all
AlixPartners) re: status of cash collateral reporting, budget updates, and general
project status
Prepare updated workplan and budget for engagement team
Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all
AlixPartners) re: status of cash collateral reporting, budget updates, and general
project status
Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all
AlixPartners) re: status of cash collateral reporting, budget updates, and general
project status

HOURS
0.3
0.3
0.3
0.3
0.3
0.1
0.3
0.3
0.3
0.3
0.3
0.3
0.3
0.3
0.3
0.8
0.3
0.3


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 4 of 66

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
01/11/2023

PROFESSIONAL
DCR

01/11/2023

JN

01/11/2023

JMK

01/11/2023

NL

01/11/2023
01/12/2023

TBT
DCR

01/12/2023

JN

01/12/2023
01/12/2023

JN
JMK

01/12/2023

NL

01/13/2023

AP

01/13/2023

DCR

01/13/2023
01/13/2023

DCR
JMK

01/13/2023

NL

01/13/2023

TBT

01/17/2023

AP

DESCRIPTION OF SERVICES
Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all
AlixPartners) re: status of cash collateral reporting, budget updates, and general
project status
Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all
AlixPartners) re: status of cash collateral reporting, budget updates, and general
project status
Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all
AlixPartners) re: status of cash collateral reporting, budget updates, and general
project status
Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all
AlixPartners) re: status of cash collateral reporting, budget updates, and general
project status
Update weekly status report for KS Management
Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all
AlixPartners) re: status of cash collateral reporting, budget updates, and general
project status
Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all
AlixPartners) re: status of cash collateral reporting, budget updates, and general
project status
Prepare summary of case updates for KS management
Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all
AlixPartners) re: status of cash collateral reporting, budget updates, and general
project status
Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo (all
AlixPartners) re: status of cash collateral reporting, budget updates, and general
project status
Attend call with D. Rieger-Paganis, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo,
A. Perrella (all AlixPartners) re: status of MOR, cash collateral reporting, budget
updates, and general project status
Attend call with D. Rieger-Paganis, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo,
A. Perrella (all AlixPartners) re: status of MOR, cash collateral reporting, budget
updates, and general project status
Review and respond to case related emails.
Attend call with D. Rieger-Paganis, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo,
A. Perrella (all AlixPartners) re: status of MOR, cash collateral reporting, budget
updates, and general project status
Attend call with D. Rieger-Paganis, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo,
A. Perrella (all AlixPartners) re: status of MOR, cash collateral reporting, budget
updates, and general project status
Attend call with D. Rieger-Paganis, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo,
A. Perrella (all AlixPartners) re: status of MOR, cash collateral reporting, budget
updates, and general project status
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N.
LoBiondo, A. Perrella (all AlixPartners) re: status of MOR, cash collateral
reporting, budget updates, and general project status

HOURS
0.3
0.3
0.3
0.3
0.2
0.3
0.3
0.4
0.3
0.3
0.2
0.2
0.9
0.2
0.2
0.2
0.5


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 5 of 66

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
01/17/2023

PROFESSIONAL
DCR

01/17/2023

JN

01/17/2023

JMK

01/17/2023

NL

01/17/2023

TBT

01/18/2023

AP

01/18/2023

AP

01/18/2023

DCR

01/18/2023

JN

01/18/2023

JN

01/18/2023
01/18/2023

JN
JMK

01/18/2023

JMK

01/18/2023

NL

01/18/2023

NL

01/18/2023

TBT

DESCRIPTION OF SERVICES
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N.
LoBiondo, A. Perrella (all AlixPartners) re: status of MOR, cash collateral
reporting, budget updates, and general project status
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N.
LoBiondo, A. Perrella (all AlixPartners) re: status of MOR, cash collateral
reporting, budget updates, and general project status
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N.
LoBiondo, A. Perrella (all AlixPartners) re: status of MOR, cash collateral
reporting, budget updates, and general project status
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N.
LoBiondo, A. Perrella (all AlixPartners) re: status of MOR, cash collateral
reporting, budget updates, and general project status
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N.
LoBiondo, A. Perrella (all AlixPartners) re: status of MOR, cash collateral
reporting, budget updates, and general project status
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N.
LoBiondo, A. Perrella (all AlixPartners) re: loan transition updates, legacy loan sale
presentation, and disclosure statement hearing
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: status of MOR, cash collateral reporting, budget
updates, and general project status
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N.
LoBiondo, A. Perrella (all AlixPartners) re: loan transition updates, legacy loan sale
presentation, and disclosure statement hearing
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N.
LoBiondo, A. Perrella (all AlixPartners) re: loan transition updates, legacy loan sale
presentation, and disclosure statement hearing
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: status of MOR, cash collateral reporting, budget
updates, and general project status
Prepare summary of case updates for KS management
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N.
LoBiondo, A. Perrella (all AlixPartners) re: loan transition updates, legacy loan sale
presentation, and disclosure statement hearing
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: status of MOR, cash collateral reporting, budget
updates, and general project status
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N.
LoBiondo, A. Perrella (all AlixPartners) re: loan transition updates, legacy loan sale
presentation, and disclosure statement hearing
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: status of MOR, cash collateral reporting, budget
updates, and general project status
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N.
LoBiondo, A. Perrella (all AlixPartners) re: loan transition updates, legacy loan sale
presentation, and disclosure statement hearing

HOURS
0.5
0.5
0.5
0.5
0.5
0.5
0.5
0.5
0.5
0.5
0.3
0.5
0.5
0.5
0.5
0.5


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 6 of 66

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
01/18/2023

PROFESSIONAL
TBT

01/19/2023

AP

01/19/2023

DCR

01/19/2023

JN

01/19/2023

JMK

01/19/2023

NL

01/19/2023

TBT

01/20/2023

AP

01/20/2023

DCR

01/20/2023
01/20/2023

DCR
JN

01/20/2023

JMK

01/20/2023

NL

01/20/2023

TBT

01/23/2023

AP

01/23/2023

AP

DESCRIPTION OF SERVICES
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: status of MOR, cash collateral reporting, budget
updates, and general project status
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N.
LoBiondo, A. Perrella (all AlixPartners) re: status of MOR, cash collateral
reporting, budget updates, and general project status
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N.
LoBiondo, A. Perrella (all AlixPartners) re: status of MOR, cash collateral
reporting, budget updates, and general project status
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N.
LoBiondo, A. Perrella (all AlixPartners) re: status of MOR, cash collateral
reporting, budget updates, and general project status
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N.
LoBiondo, A. Perrella (all AlixPartners) re: status of MOR, cash collateral
reporting, budget updates, and general project status
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N.
LoBiondo, A. Perrella (all AlixPartners) re: status of MOR, cash collateral
reporting, budget updates, and general project status
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N.
LoBiondo, A. Perrella (all AlixPartners) re: status of MOR, cash collateral
reporting, budget updates, and general project status
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N.
LoBiondo, A. Perrella (all AlixPartners) re: disclosure statement hearing,
December MOR and contract assumption review
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N.
LoBiondo, A. Perrella (all AlixPartners) re: disclosure statement hearing,
December MOR and contract assumption review
Review and respond to case related emails.
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N.
LoBiondo, A. Perrella (all AlixPartners) re: disclosure statement hearing,
December MOR and contract assumption review
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N.
LoBiondo, A. Perrella (all AlixPartners) re: disclosure statement hearing,
December MOR and contract assumption review
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N.
LoBiondo, A. Perrella (all AlixPartners) re: disclosure statement hearing,
December MOR and contract assumption review
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N.
LoBiondo, A. Perrella (all AlixPartners) re: disclosure statement hearing,
December MOR and contract assumption review
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: status of MOR, cash collateral reporting, budget
updates, and general project status
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: MOR, Contract Assumptions, Claims objections and
cash collateral budget

HOURS
0.5
0.5
0.5
0.5
0.5
0.5
0.5
0.5
0.5
0.5
0.5
0.5
0.5
0.5
0.5
0.5


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 7 of 66

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
01/23/2023
01/23/2023

PROFESSIONAL
DCR
JN

01/23/2023

JN

01/23/2023

JMK

01/23/2023

JMK

01/23/2023

NL

01/23/2023

NL

01/23/2023

TBT

01/23/2023

TBT

01/24/2023

AP

01/24/2023

DCR

01/24/2023

JN

01/24/2023

JMK

01/24/2023

NL

01/24/2023

TBT

01/25/2023

AP

DESCRIPTION OF SERVICES
Review and respond to case related emails.
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: status of MOR, cash collateral reporting, budget
updates, and general project status
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: MOR, Contract Assumptions, Claims objections and
cash collateral budget
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: status of MOR, cash collateral reporting, budget
updates, and general project status
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: MOR, Contract Assumptions, Claims objections and
cash collateral budget
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: status of MOR, cash collateral reporting, budget
updates, and general project status
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: MOR, Contract Assumptions, Claims objections and
cash collateral budget
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: MOR, Contract Assumptions, Claims objections and
cash collateral budget
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: status of MOR, cash collateral reporting, budget
updates, and general project status
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N.
LoBiondo, A. Perrella (all AlixPartners) re: legacy loan portfolio sale
considerations, budget updates, and general project status
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N.
LoBiondo, A. Perrella (all AlixPartners) re: legacy loan portfolio sale
considerations, budget updates, and general project status
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N.
LoBiondo, A. Perrella (all AlixPartners) re: legacy loan portfolio sale
considerations, budget updates, and general project status
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N.
LoBiondo, A. Perrella (all AlixPartners) re: legacy loan portfolio sale
considerations, budget updates, and general project status
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N.
LoBiondo, A. Perrella (all AlixPartners) re: legacy loan portfolio sale
considerations, budget updates, and general project status
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N.
LoBiondo, A. Perrella (all AlixPartners) re: legacy loan portfolio sale
considerations, budget updates, and general project status
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N.
LoBiondo, A. Perrella (all AlixPartners) re: cash collateral reporting updates,
contract assumption review, budget updates, and general project status

HOURS
0.8
0.5
0.5
0.5
0.5
0.5
0.5
0.5
0.5
0.5
0.5
0.5
0.5
0.5
0.5
0.6


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 8 of 66

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
01/25/2023

PROFESSIONAL
DCR

01/25/2023

DCR

01/25/2023
01/25/2023

DCR
JN

01/25/2023

JN

01/25/2023
01/25/2023

JN
JMK

01/25/2023

NL

01/25/2023

TBT

01/25/2023

TBT

01/26/2023
01/26/2023
01/27/2023

DCR
TBT
AP

01/27/2023

JN

01/27/2023

NL

01/27/2023

TBT

01/30/2023

AP

01/30/2023

DCR

01/30/2023

JN

DESCRIPTION OF SERVICES
Attend call with C. Bentley, E. Ruocco, N. Hwangpo (all Weil) Z. Shapiro (RLF)
D. Rieger-Paganis, J. Nelson, T. Thoroddsen (all AlixPartners) re: legacy loans,
cash flow budget and contract assumptions
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N.
LoBiondo, A. Perrella (all AlixPartners) re: cash collateral reporting updates,
contract assumption review, budget updates, and general project status
Review and respond to case related matters
Attend call with C. Bentley, E. Ruocco, N. Hwangpo (all Weil) Z. Shapiro (RLF)
D. Rieger-Paganis, J. Nelson, T. Thoroddsen (all AlixPartners) re: legacy loans,
cash flow budget and contract assumptions
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N.
LoBiondo, A. Perrella (all AlixPartners) re: cash collateral reporting updates,
contract assumption review, budget updates, and general project status
Prepare summary of case updates for KS management
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N.
LoBiondo, A. Perrella (all AlixPartners) re: cash collateral reporting updates,
contract assumption review, budget updates, and general project status
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N.
LoBiondo, A. Perrella (all AlixPartners) re: cash collateral reporting updates,
contract assumption review, budget updates, and general project status
Attend call with C. Bentley, E. Ruocco, N. Hwangpo (all Weil) Z. Shapiro (RLF)
D. Rieger-Paganis, J. Nelson, T. Thoroddsen (all AlixPartners) re: legacy loans,
cash flow budget and contract assumptions
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N.
LoBiondo, A. Perrella (all AlixPartners) re: cash collateral reporting updates,
contract assumption review, budget updates, and general project status
Review and respond to case related emails.
Update weekly status report for KS management
Attend call with J. Nelson, T. Thoroddsen, N. LoBiondo, A. Perrella (all
AlixPartners) re: loan transition, Board meeting updates, and general case updates
Attend call with J. Nelson, T. Thoroddsen, N. LoBiondo, A. Perrella (all
AlixPartners) re: loan transition, Board meeting updates, and general case updates
Attend call with J. Nelson, T. Thoroddsen, N. LoBiondo, A. Perrella (all
AlixPartners) re: loan transition, Board meeting updates, and general case updates
Attend call with J. Nelson, T. Thoroddsen, N. LoBiondo, A. Perrella (all
AlixPartners) re: loan transition, Board meeting updates, and general case updates
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, N. LoBiondo, A.
Perrella (all AlixPartners) re: loan transition updates, winddown budget status, and
general case updates
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, N. LoBiondo, A.
Perrella (all AlixPartners) re: loan transition updates, winddown budget status, and
general case updates
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, N. LoBiondo, A.
Perrella (all AlixPartners) re: loan transition updates, winddown budget status, and
general case updates

HOURS
0.5
0.6
1.1
0.5
0.6
0.3
0.6
0.6
0.5
0.6
0.8
0.2
0.6
0.6
0.6
0.6
0.5
0.5
0.5


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 9 of 66

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
01/30/2023

PROFESSIONAL
NL

01/30/2023

TBT

01/31/2023

AP

01/31/2023

DCR

01/31/2023
01/31/2023

DCR
NL

01/31/2023

TBT

Total Professional Hours

DESCRIPTION OF SERVICES
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, N. LoBiondo, A.
Perrella (all AlixPartners) re: loan transition updates, winddown budget status, and
general case updates
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, N. LoBiondo, A.
Perrella (all AlixPartners) re: loan transition updates, winddown budget status, and
general case updates
Attend call with D. Rieger-Paganis, T. Thoroddsen, N. LoBiondo, A. Perrella (all
AlixPartners) re: cash collateral budget, claims and contracts
Attend call with D. Rieger-Paganis, T. Thoroddsen, N. LoBiondo, A. Perrella (all
AlixPartners) re: cash collateral budget, claims and contracts
Review and respond to case related emails.
Attend call with D. Rieger-Paganis, T. Thoroddsen, N. LoBiondo, A. Perrella (all
AlixPartners) re: cash collateral budget, claims and contracts
Attend call with D. Rieger-Paganis, T. Thoroddsen, N. LoBiondo, A. Perrella (all
AlixPartners) re: cash collateral budget, claims and contracts

HOURS
0.5
0.5
0.5
0.5
0.5
0.5
0.5
54.9


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 10 of 66

Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309

Re:
Code:
PROFESSIONAL
Deborah Rieger-Paganis
James Nelson
Thora B Thoroddsen
John M Katsigeorgis
Anthony Perrella
Nicholas LoBiondo
Total Professional Hours and Fees

Chapter 11 Process / Case Management
20006554P00002.1.1
RATE
$1,220
$1,020
$950
$860
$605
$605

HOURS
12.4
10.4
8.8
7.2
7.3
8.8
54.9

$

$

FEES
15,128.00
10,608.00
8,360.00
6,192.00
4,416.50
5,324.00
50,028.50


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 11 of 66

Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309

Re:
Code:

Cash / Liquidity Matters
20006554P00002.1.3

DATE
01/03/2023
01/03/2023
01/03/2023
01/03/2023

PROFESSIONAL
AP
AP
JN
JN

01/03/2023
01/03/2023
01/03/2023

JN
JN
JMK

01/03/2023
01/03/2023
01/03/2023
01/03/2023
01/03/2023

JMK
JMK
JMK
JMK
NL

01/03/2023

NL

01/03/2023

NL

01/04/2023

AP

01/04/2023
01/04/2023
01/04/2023

AP
AP
JN

01/04/2023

JN

01/04/2023
01/04/2023

JN
JMK

01/04/2023
01/04/2023
01/04/2023
01/04/2023

JMK
JMK
JMK
NL

01/04/2023

NL

01/04/2023

NL

DESCRIPTION OF SERVICES
Develop daily cash analysis
Review outstanding diligence requests from Federal Reserve
$1,789
Attend call with J. Mullaney, T. Williams, S. Haliburton, D. Evans (all KServicing)
J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) re: credit balance refund
updates
Conduct research of PPPLF diligence questions
Review weekly budget variance report
Attend call with J. Mullaney, T. Williams, S. Haliburton, D. Evans (all KServicing)
J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) re: credit balance refund
updates
Communications with various advisors re fee forecasts and actuals estimates
Prepare professional fee variance analysis
Review daily cash activity and forward flows
Review unrestricted cash calculations and reconciliation of account activity
Attend call with J. Mullaney, T. Williams, S. Haliburton, D. Evans (all KServicing)
J. Nelson, J. Katsigeorgis, N. LoBiondo (all AlixPartners) re: credit balance refund
updates
Update cash collateral budget for legacy loan and PPP actuals for week-ended
12/30/22
Update cash collateral budget for operating and non-operating expense actuals for
week-ended 12/30/22
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) J.
Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners)
re: tax payments, loan payables and diligence requests
Develop daily cash analysis
Update professional fee tracker with estimates received from Professionals
Attend call with M. Kennedy, J. Ellis (all Chilmark) J. Nelson, N. LoBiondo (all
AlixPartners) to review and respond to comments on the winddown budgets
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) J.
Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners)
re: tax payments, loan payables and diligence requests
Conduct research of PPPLF diligence questions
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) J.
Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners)
re: tax payments, loan payables and diligence requests
Prepare professional fee variance analysis
Review daily cash activity and forward flows
Review partner bank float calculations re cash position
Attend call with M. Kennedy, J. Ellis (all Chilmark) J. Nelson, N. LoBiondo (all
AlixPartners) to review and respond to comments on the winddown budgets
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) J.
Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners)
re: tax payments, loan payables and diligence requests
Finalize updates to cash flow forecast for actuals through 12/30

HOURS
1.4
0.6
1.0
0.5
1.7
0.6
0.5
1.5
1.6
0.5
1.1
0.5
2.1
2.4
0.4
1.3
1.1
1.0
0.4
1.2
0.4
0.7
0.6
1.1
1.0
0.4
2.1


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 12 of 66

Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309

Re:
Code:

Cash / Liquidity Matters
20006554P00002.1.3

DATE
01/04/2023

PROFESSIONAL
TBT

01/05/2023

AP

01/05/2023
01/05/2023

AP
AP

01/05/2023
01/05/2023

AP
JN

01/05/2023
01/05/2023
01/05/2023
01/05/2023
01/05/2023
01/05/2023
01/05/2023

JN
JN
JN
JMK
JMK
JMK
NL

01/05/2023

NL

01/05/2023

TBT

01/05/2023
01/06/2023
01/06/2023
01/06/2023

TBT
AP
AP
JN

01/06/2023
01/06/2023
01/06/2023
01/06/2023
01/06/2023
01/06/2023
01/06/2023
01/06/2023
01/09/2023
01/09/2023
01/09/2023

JN
JN
JN
JN
JN
JMK
JMK
JMK
AP
AP
JN

01/09/2023

JN

01/09/2023
01/09/2023

JN
JN

DESCRIPTION OF SERVICES
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) J.
Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners)
re: tax payments, loan payables and diligence requests
Attend call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners)
re: professional fees and claims process and objections
Develop daily cash analysis
Develop December professional fee accruals analysis to be shared with company
finance team
Update professional fee tracker for cash model rollforward
Attend call with J. Nelson, N. LoBiondo (all AlixPartners) to review updates to
cash collateral budget, including changes to operating expenses and professional
fees forecasts
Conduct research of PPPLF diligence questions
Revise professional fees forecast for cash collateral budget
Revise updated cash collateral budget
Update of professional fee estimates and payment timing re cash forecasting
Review daily cash activity and forward flows
Review professional fee carve-out funding
Attend call with J. Nelson, N. LoBiondo (all AlixPartners) to review updates to
cash collateral budget, including changes to operating expenses and professional
fees forecasts
Telephone call with T. Thoroddsen, N. LoBiondo (all AlixPartners) re: estimated
tax payments
Telephone call with T. Thoroddsen, N. LoBiondo (all AlixPartners) re: estimated
tax payments
Review prior year's timing of tax payments for cash flow projections
Develop daily cash analysis
Update professional fee tracker for cash model rollforward
Attend call with J. Nelson, N. LoBiondo (all AlixPartners)re: updated cash
collateral budget and key changes to prior budget
Attend call with M. Kennedy, J. Ellis (all Chilmark) re: revised winddown budget
Attend call with M. Kennedy (Chilmark) re: PPPLF information requests
Conduct research of PPPLF diligence questions
Revise updated cash collateral budget
Revise weekly cash collateral reporting
Prepare professional fee variance outputs
Update of professional fee estimates and payment timing re cash forecasting
Review daily cash activity and forward flows
Develop daily cash analysis
Update professional fee tracker with estimates received from Professionals
Attend call with J. Nelson, N. LoBiondo (all AlixPartners) re: cost-per-loan
updates, and updated cash collateral budget
Attend call with M. Kennedy, J. Ellis (all Chilmark) J. Nelson, N. LoBiondo (all
AlixPartners) re: Fed overpayment reconciliation
Conduct research on follow-up questions from potential PPPLF servicers
Prepare budget summary materials for Board and KS management team

HOURS
0.4
0.3
1.1
2.1
1.8
0.3
0.6
0.7
1.1
1.0
0.5
0.2
0.3
0.1
0.1
0.4
1.4
2.4
0.5
1.1
0.2
0.5
1.4
0.7
0.7
1.2
0.7
1.2
1.8
0.3
0.5
1.1
1.5


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 13 of 66

Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309

Re:
Code:

Cash / Liquidity Matters
20006554P00002.1.3

DATE
01/09/2023
01/09/2023
01/09/2023
01/09/2023
01/09/2023
01/09/2023

PROFESSIONAL
JMK
JMK
JMK
JMK
JMK
NL

01/09/2023

NL

01/09/2023

NL

01/09/2023

NL

01/10/2023
01/10/2023

AP
JN

01/10/2023

JN

01/10/2023
01/10/2023
01/10/2023
01/10/2023
01/10/2023
01/10/2023
01/10/2023

JN
JN
JN
JN
JMK
JMK
NL

01/10/2023

NL

01/10/2023
01/11/2023
01/11/2023
01/11/2023

NL
AP
AP
JN

01/11/2023
01/11/2023
01/11/2023
01/11/2023

JN
JMK
JMK
NL

01/12/2023
01/12/2023
01/12/2023
01/12/2023

AP
AP
AP
JN

01/12/2023
01/12/2023

JMK
JMK

DESCRIPTION OF SERVICES
Communications with advisors re estimated fees
Review and analysis of latest float calculation re cash position
Review daily cash and forward flows
Review remittance activity re partner banks and SBA
Update advisor fee tracking and estimates re cash forecasting
Attend call with J. Nelson, N. LoBiondo (all AlixPartners) re: cost-per-loan
updates, and updated cash collateral budget
Attend call with M. Kennedy, J. Ellis (all Chilmark) J. Nelson, N. LoBiondo (all
AlixPartners) re: Fed overpayment reconciliation
Update cash collateral budget for legacy loan and PPP actuals for week-ended
1/6/23
Update cash collateral budget for operating and non-operating expense actuals for
week-ended 1/6/23
Develop daily cash analysis
Attend call with J. Nelson, N. LoBiondo (all AlixPartners) re: headcount analysis
and updates to Chilmark diligence requests
Attend call with J. Nelson, N. LoBiondo (all AlixPartners) re: updated cash
collateral budget and Chilmark diligence requests
Conduct research on follow-up questions from potential PPPLF servicers
Review budget supporting details requested by PPPLF
Review updated professional fees forecast
Revise weekly PPPLF cash collateral reporting
Review daily cash and forward flows
Update advisor fee tracking and estimates re cash forecasting
Attend call with J. Nelson, N. LoBiondo (all AlixPartners) re: headcount analysis
and updates to Chilmark diligence requests
Attend call with J. Nelson, N. LoBiondo (all AlixPartners) re: updated cash
collateral budget and Chilmark diligence requests
Finalize updates to cash flow forecast for actuals through 1/6/23
Develop daily cash analysis
Update professional fee tracker with estimates received from Professionals
Attend call with J. Nelson, N. LoBiondo (both AlixPartners) re: Chilmark inquiry
on PPPLF data and PPPLF loan interest calculation
Review CRB adequate protection stipulation
Review daily cash and forward flows
Update advisor fee tracking and estimates re cash forecasting
Attend call with J. Nelson, N. LoBiondo (both AlixPartners) re: Chilmark inquiry
on PPPLF data and PPPLF loan interest calculation
Develop daily cash analysis
Update professional fee tracker with estimates received from Professionals
Review data of borrower payments made on GP loans
Attend call with J. Nelson, N. LoBiondo (all AlixPartners) re: updated cash
collateral reporting and Chilmark requests
Update advisor fee tracking and estimates re cash forecasting
Review daily cash and forward flows

HOURS
1.0
1.0
0.6
1.2
0.9
0.3
0.5
2.4
2.5
1.3
0.2
0.2
1.3
0.5
0.6
1.2
0.5
0.8
0.2
0.2
2.2
1.2
1.1
0.1
0.4
0.7
1.0
0.1
1.0
0.7
0.8
0.1
0.8
0.6


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 14 of 66

Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309

Re:
Code:

Cash / Liquidity Matters
20006554P00002.1.3

DATE
01/12/2023

PROFESSIONAL
NL

01/13/2023
01/13/2023
01/13/2023
01/13/2023
01/13/2023
01/17/2023
01/17/2023

AP
AP
JN
JMK
JMK
AP
JN

01/17/2023
01/17/2023
01/17/2023
01/17/2023
01/17/2023

JN
JN
JMK
JMK
NL

01/17/2023
01/17/2023

NL
NL

01/17/2023

NL

01/18/2023
01/18/2023

AP
DCR

01/18/2023

JN

01/18/2023
01/18/2023
01/18/2023

JMK
JMK
NL

01/19/2023
01/19/2023
01/19/2023
01/19/2023
01/20/2023
01/20/2023

AP
AP
JMK
JMK
AP
JN

01/20/2023
01/20/2023
01/20/2023

JN
JN
JN

01/20/2023
01/20/2023

JN
JMK

01/20/2023
01/20/2023

JMK
TBT

DESCRIPTION OF SERVICES
Attend call with J. Nelson, N. LoBiondo (all AlixPartners) re: updated cash
collateral reporting and Chilmark requests
Develop daily cash analysis
Review billed fees against estimates received from Professionals
Revise updated cash collateral budget
Analyze professional fee estimates vs carveout funding re cash forecasting
Review daily cash and forward flows
Develop daily cash analysis
Attend call with J. Nelson, N. LoBiondo (all AlixPartners) re: Fed follow up on
cash collateral budget
Conduct analysis of cash collateral budget changes requested by Fed advisors
Review weekly PPPLF cash collateral reporting
Communications with various advisors re fee estimates and forecasts
Review daily cash and forward flow re cash liquidity.
Attend call with J. Nelson, N. LoBiondo (all AlixPartners) re: Fed follow up on
cash collateral budget
Finalize updates to cash flow forecast for actuals through 1/13/23
Update cash collateral budget for legacy loan and PPP actuals for week-ended
1/13/23
Update cash collateral budget for operating and non-operating expense actuals for
week-ended 1/13/23
Develop daily cash analysis
Attend call with D. Rieger-Paganis, J. Nelson, N. LoBiondo (all AlixPartners) re:
cash collateral budget variance report for week-ended 1/13/23
Attend call with D. Rieger-Paganis, J. Nelson, N. LoBiondo (all AlixPartners) re:
cash collateral budget variance report for week-ended 1/13/23
Review daily cash and forward flow re cash liquidity.
Update advisor fee tracking and estimates re cash forecasting
Attend call with D. Rieger-Paganis, J. Nelson, N. LoBiondo (all AlixPartners) re:
cash collateral budget variance report for week-ended 1/13/23
Develop daily cash analysis
Update professional fee tracker with estimates received from Professionals
Review daily cash and forward flow re cash liquidity.
Update advisor fee tracking and estimates re cash forecasting
Develop daily cash analysis
Attend call with J. Nelson, J. Katsigeorgis (all AlixPartners) re: cash collateral
budget changes
Attend call with M. Kennedy (Chilmark) re: cash collateral budget changes
Attend call with N. Hwangpo (Weil) re: cash collateral budget changes
Conduct research regarding cash collateral budget changes requested by Fed
advisors
Review revised cash collateral budget
Attend call with J. Nelson, J. Katsigeorgis (all AlixPartners) re: cash collateral
budget changes
Review daily cash and forward flow re cash liquidity.
Review updates from J. Nelson (AlixPartners) re: cash collateral budget

HOURS
0.1
1.1
1.9
0.8
1.0
0.7
1.3
0.3
0.7
0.8
0.8
0.5
0.3
2.2
2.5
2.6
1.1
0.3
0.3
0.5
1.0
0.3
1.4
1.4
0.5
1.0
1.2
0.6
0.7
0.4
0.9
0.5
0.6
0.5
0.1


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 15 of 66

Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309

Re:
Code:

Cash / Liquidity Matters
20006554P00002.1.3

DATE
01/23/2023
01/23/2023
01/23/2023
01/23/2023
01/23/2023
01/23/2023

PROFESSIONAL
AP
AP
JN
JMK
NL
NL

01/23/2023

NL

01/24/2023
01/24/2023

AP
JN

01/24/2023
01/24/2023
01/25/2023
01/25/2023
01/25/2023
01/25/2023
01/25/2023
01/26/2023
01/26/2023

JMK
JMK
AP
AP
DCR
JN
JMK
AP
JN

01/26/2023

JN

01/26/2023
01/26/2023
01/26/2023
01/26/2023

JN
JMK
JMK
NL

01/26/2023

NL

01/27/2023
01/27/2023
01/27/2023

AP
DCR
JN

01/27/2023

NL

01/30/2023
01/30/2023
01/30/2023
01/30/2023

AP
JN
NL
NL

01/30/2023

NL

01/31/2023
01/31/2023

AP
AP

DESCRIPTION OF SERVICES
Develop daily cash analysis
Develop professional fees billed by month analysis
Review weekly PPPLF cash collateral reporting
Review daily cash activity and forward flows
Finalize updates to cash flow forecast for actuals through 1/20/23
Update cash collateral budget for legacy loan and PPP actuals for week-ended
1/20/23
Update cash collateral budget for operating and non-operating expense actuals for
week-ended 1/20/23
Develop daily cash analysis
Attend call with J. Nelson, N. LoBiondo (all AlixPartners) re: cash collateral
budget updates and next steps for cost-per-loan analysis
Communications with various professionals re fee forecasts and expenses to date
Review daily cash activity and forward flows
Develop daily cash analysis
Update professional fee tracker with estimates received from Professionals
Review variance reporting
Review weekly cash collateral variance report
Review daily cash activity and forward flows
Develop daily cash analysis
Attend call with J. Nelson, N. LoBiondo (all AlixPartners) re: winddown budget
assumptions
Attend call with J. Nelson, N. LoBiondo (all AlixPartners) re: inquiry from Client
regarding recent PPPLF loan repayment and accounting for interest
Prepare updated cash collateral budget details for management
Review daily cash activity and forward flows
Update tracking analysis re professional fee forecasting
Attend call with J. Nelson, N. LoBiondo (all AlixPartners) re: winddown budget
assumptions
Attend call with J. Nelson, N. LoBiondo (all AlixPartners) re: inquiry from Client
regarding recent PPPLF loan repayment and accounting for interest
Develop daily cash analysis
Review case related emails.
Attend call with J. Nelson, N. LoBiondo (all AlixPartners) re: winddown budget
assumptions and next steps for winddown budget updates
Attend call with J. Nelson, N. LoBiondo (all AlixPartners) re: winddown budget
assumptions and next steps for winddown budget updates
Develop daily cash analysis
Review weekly PPPLF cash collateral reporting
Finalize updates to cash flow forecast for actuals through 1/27/23
Update cash collateral budget for legacy loan and PPP actuals for week-ended
1/27/23
Update cash collateral budget for operating and non-operating expense actuals for
week-ended 1/27/23
Develop daily cash analysis
Update professional fees based on actuals and estimates received from firms

HOURS
1.2
1.2
0.9
0.5
1.5
2.6
2.5
1.4
0.4
1.4
0.9
1.2
0.8
0.3
0.5
0.5
1.5
0.2
0.4
0.7
0.5
0.9
0.2
0.4
1.4
0.7
0.3
0.3
1.1
0.7
1.9
2.3
2.6
1.3
2.2


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 16 of 66

Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309

Re:
Code:

Cash / Liquidity Matters
20006554P00002.1.3

DATE

PROFESSIONAL

Total Professional Hours

DESCRIPTION OF SERVICES

HOURS
152.4


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 17 of 66

Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309

Re:
Code:
PROFESSIONAL
Deborah Rieger-Paganis
James Nelson
Thora B Thoroddsen
John M Katsigeorgis
Anthony Perrella
Nicholas LoBiondo
Total Professional Hours and Fees

Cash / Liquidity Matters
20006554P00002.1.3
RATE
$1,220
$1,020
$950
$860
$605
$605

HOURS
1.3
31.6
1.0
33.2
45.7
39.6
152.4

$

$

FEES
1,586.00
32,232.00
950.00
28,552.00
27,648.50
23,958.00
114,926.50


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 18 of 66

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
01/03/2023

PROFESSIONAL
AP

01/03/2023
01/03/2023
01/03/2023

AP
AP
JN

01/03/2023

NL

01/03/2023

NL

01/04/2023

AP

01/04/2023

AP

01/04/2023

AP

01/04/2023
01/04/2023

AP
DCR

01/04/2023

NL

01/04/2023

TBT

01/04/2023
01/04/2023

TBT
TBT

01/04/2023

TBT

01/05/2023

AP

01/05/2023

AP

01/05/2023

AP

01/05/2023
01/05/2023

AP
DCR

01/05/2023

JN

01/05/2023
01/05/2023

NL
NL

DESCRIPTION OF SERVICES
Attend call with N. LoBiondo, A. Perrella (all AlixPartners) re: Fed remittance
report for the week-ended 12/30/22
Develop weekly analysis of Federal Reserve loan remittances
Review reduction report re: confirmation of cash collateral reporting
Attend call with L. Milner, H. Loiseau, S. Kafiti, D. Evans, T. Williams (all
KServicing) C. Arthur, N. Hwangpo, C. Bentley(all Weil) Z. Shapiro (all RLF) re:
CUBI dispute, Plan, and Disclosure Statement
Attend call with N. LoBiondo, A. Perrella (all AlixPartners) re: Fed remittance
report for the week-ended 12/30/22
Prepare cash collateral budget variance report and permitted variance test for week
ended 12/30/22
Attend call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners)
re: claims review and objection process and loan diligence requests
Adjustment to cash collateral reporting to be finalized and shared with Federal
Reserve advisors
Develop cash collateral cash balance report to be shared with Federal Reserve
advisors
Review reduction report re: confirmation of cash collateral reporting
Attend call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners)
re: claims review and objection process and loan diligence requests
Finalize cash collateral budget variance report and permitted variance test for week
ended 12/30
Attend call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners)
re: claims review and objection process and loan diligence requests
Review correspondence from A. Steele (RLF) re: December MOR
Review correspondence from I. Naraine (KServicing) re: December month end
accruals
Send correspondence to Z. Shapiro, A. Steele (both RLF) re: deadline to file
December MOR
Working session with T. Thoroddsen, A. Perrella (all AlixPartners) to review other
accruals
Working session with T. Thoroddsen, A. Perrella (all AlixPartners) to review
professional fee accruals for December year end
Develop cash collateral cash balance report to be shared with Federal Reserve
advisors
Finalize weekly remittance report to be shared with Federal Reserve advisors
Attend call with L. Milner, H. Loiseau, S. Kafiti, D. Evans, T. Williams (all
KServicing) C. Arthur, N. Hwangpo, C. Bentley(all Weil) Z. Shapiro (all RLF) D.
Rieger-Paganis, J. Nelson (all AlixPartners) re: CUBI dispute, claims, and transfer
activities
Attend call with L. Milner, H. Loiseau, S. Kafiti, D. Evans, T. Williams (all
KServicing) C. Arthur, N. Hwangpo, C. Bentley(all Weil) Z. Shapiro (all RLF) D.
Rieger-Paganis, J. Nelson (all AlixPartners) re: CUBI dispute, claims, and transfer
activities
Update Legacy Loan collections forecast for updated cash collateral budget
Update loan run-off forecast for updated cash collateral budget

HOURS
0.2
1.3
1.7
0.4
0.2
2.2
0.3
1.7
1.6
1.8
0.3
2.3
0.3
0.1
0.1
0.1
0.2
0.4
0.6
1.7
0.5

0.5

1.1
2.5


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 19 of 66

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
01/05/2023
01/05/2023

PROFESSIONAL
NL
TBT

01/05/2023

TBT

01/05/2023
01/05/2023

TBT
TBT

01/05/2023

TBT

01/05/2023

TBT

01/06/2023

AP

01/06/2023

AP

01/06/2023

AP

01/06/2023

JN

01/06/2023

NL

01/06/2023

NL

01/06/2023
01/06/2023

NL
NL

01/06/2023
01/06/2023

NL
TBT

01/06/2023

TBT

01/06/2023
01/06/2023

TBT
TBT

01/06/2023
01/06/2023

TBT
TBT

01/06/2023

TBT

01/09/2023

AP

DESCRIPTION OF SERVICES
Update professional fees and opex forecast for updated cash collateral budget
Working session with T. Thoroddsen, A. Perrella (all AlixPartners) to review other
accruals
Working session with T. Thoroddsen, A. Perrella (all AlixPartners) to review
professional fee accruals for December year end
Prepare summary of proposed other accruals for December close
Review correspondence from C. Myron (Marsh) re: renewal of employed lawyers
insurance
Review questions from I. Naraine (KServicing) re: other accruals for December
close
Send correspondence to I. Naraine (KServicing) re: December professional fee
accruals for month end close as requested
Attend call with I. Naraine (all KServicing) T. Thoroddsen, A. Perrella (all
AlixPartners) re: professional fee accruals for December
Attend call with N. LoBiondo, A. Perrella (all AlixPartners) to review and discuss
cash collateral reporting for week-ended 12/30/22
Develop cash collateral cash balance report to be shared with Federal Reserve
advisors
Attend call with N. Hwangpo, C. Bentley, E. Ruocco (all Weil) Z. Shapiro (RLF)
J. Nelson, T. Thoroddsen (all AlixPartners) re: CUBI dispute, Fed requests, claims,
and contracts
Attend call with J. Nelson, N. LoBiondo (all AlixPartners)re: updated cash
collateral budget and key changes to prior budget
Attend call with N. LoBiondo, A. Perrella (all AlixPartners) to review and discuss
cash collateral reporting for week-ended 12/30/22
Finalize updated cash collateral budget
Prepare cash collateral budget variance report comparing updated budget to
previous budget for Management
Update full cash collateral budget through end of winddown
Attend call with N. Hwangpo, C. Bentley, E. Ruocco (all Weil) Z. Shapiro (RLF)
J. Nelson, T. Thoroddsen (all AlixPartners) re: CUBI dispute, Fed requests, claims,
and contracts
Attend call with I. Naraine (all KServicing) T. Thoroddsen, A. Perrella (all
AlixPartners) re: professional fee accruals for December
Follow up with S. Moss (KServicing) re: remaining 401k participant
Review correspondence from I. Naraine (KServicing) re: updated December
accruals
Review updated December accruals from I. Naraine (KServicing)
Send correspondence to I. Naraine (KServicing) re: December accruals for
bankruptcy professionals
Summarize additional comments regarding December accruals for I. Naraine
(KServicing)
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) J.
Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners)
re: Fed reserve requests, month-end close updates, and other diligence items

HOURS
2.1
0.2
0.4
0.3
0.1
0.3
0.2
0.5
0.3
2.5
0.6
0.5
0.3
2.8
2.5
2.1
0.6
0.5
0.1
0.2
0.5
0.1
0.2
0.3


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 20 of 66

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
01/09/2023

PROFESSIONAL
AP

01/09/2023

AP

01/09/2023
01/09/2023
01/09/2023

AP
AP
DCR

01/09/2023

JN

01/09/2023

JN

01/09/2023

JN

01/09/2023

JMK

01/09/2023

JMK

01/09/2023

JMK

01/09/2023

NL

01/09/2023

NL

01/09/2023

NL

01/09/2023

TBT

01/09/2023

TBT

01/09/2023

TBT

DESCRIPTION OF SERVICES
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) J.
Nelson, T. Thoroddsen, J. Katsigeorgis, A. Perrella (all AlixPartners) re: Federal
Reserve reporting and requests and Financials for MOR
Attend call with N. LoBiondo, A. Perrella (all AlixPartners) re: updated cash
collateral reporting
Develop weekly analysis of Federal Reserve loan remittances
Review reduction report re: confirmation of cash collateral reporting
Attend call with S. Kafiti, D. Evans, H. Loiseau, L. Milner (all KServicing) D.
Rieger-Paganis, J. Nelson, T. Thoroddsen (all AlixPartners) to review discuss
legacy loan portfolio, CUBI update, data transfer work plan, CRB, AmEx requests,
Chapter 11 Plan discussions, claims and plan related documents
Attend call with S. Kafiti, D. Evans, H. Loiseau, L. Milner (all KServicing) D.
Rieger-Paganis, J. Nelson, T. Thoroddsen (all AlixPartners) to review discuss
legacy loan portfolio, CUBI update, data transfer work plan, CRB, AmEx requests,
Chapter 11 Plan discussions, claims and plan related documents
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) J.
Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners)
re: Fed reserve requests, month-end close updates, and other diligence items
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) J.
Nelson, T. Thoroddsen, J. Katsigeorgis, A. Perrella (all AlixPartners) re: Federal
Reserve reporting and requests and Financials for MOR
Attend call with J. Katsigeorgis, N. LoBiondo (all AlixPartners) re: updated
professional fee forecast
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) J.
Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners)
re: Fed reserve requests, month-end close updates, and other diligence items
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) J.
Nelson, T. Thoroddsen, J. Katsigeorgis, A. Perrella (all AlixPartners) re: Federal
Reserve reporting and requests and Financials for MOR
Attend call with J. Katsigeorgis, N. LoBiondo (all AlixPartners) re: updated
professional fee forecast
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) J.
Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners)
re: Fed reserve requests, month-end close updates, and other diligence items
Attend call with N. LoBiondo, A. Perrella (all AlixPartners) re: updated cash
collateral reporting
Attend call with S. Kafiti, D. Evans, H. Loiseau, L. Milner (all KServicing) D.
Rieger-Paganis, J. Nelson, T. Thoroddsen (all AlixPartners) to review discuss
legacy loan portfolio, CUBI update, data transfer work plan, CRB, AmEx requests,
Chapter 11 Plan discussions, claims and plan related documents
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) J.
Nelson, T. Thoroddsen, J. Katsigeorgis, A. Perrella (all AlixPartners) re: Federal
Reserve reporting and requests and Financials for MOR
Analyze additional information received from T. Bullet (Windham Brannon) re:
IRS activity

HOURS
0.5
0.2
1.8
1.3
1.0

1.0

0.3
0.5
0.2
0.3
0.5
0.2
0.3
0.2
1.0

0.5
0.3


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 21 of 66

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
01/09/2023

PROFESSIONAL
TBT

01/09/2023

TBT

01/09/2023
01/10/2023

TBT
AP

01/10/2023

AP

01/10/2023
01/10/2023
01/10/2023

AP
AP
DCR

01/10/2023

DCR

01/10/2023
01/10/2023

DCR
JN

01/10/2023

NL

01/10/2023

NL

01/10/2023

NL

01/10/2023

NL

01/10/2023

TBT

01/10/2023
01/10/2023

TBT
TBT

01/10/2023

TBT

01/11/2023

AP

01/11/2023
01/11/2023

AP
AP

DESCRIPTION OF SERVICES
Review correspondence from S. Kafiti (KServicing) re: confirm to bind lawyer
professional insurance policy
Send correspondence to T. Bullet (Windham Brannon), T. Williams (KServicing)
re: IRS deferred payroll tax
Send follow up to T. Bullet (Windham Brannon) re: IRS Q3 2020 941 activity
Attend call with N. LoBiondo, A. Perrella (all AlixPartners) re: updated cash
collateral reporting and Fed remittance calculations
Attend call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners)
re: Fed Reserve requests, loan transfer plan discussions, contract objection process
and tax payments
Develop cash flow schedule for December MOR
Review reduction report re: confirmation of cash collateral reporting
Attend call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners)
re: Fed Reserve requests, loan transfer plan discussions, contract objection process
and tax payments
Attend call with M. Kennedy, J. Ellis(all Chilmark) D. Rieger-Paganis (Partial), J.
Nelson, N. LoBiondo (all AlixPartners) re: updated cash collateral budget and
related support
Review and respond to case related emails.
Attend call with M. Kennedy, J. Ellis(all Chilmark) D. Rieger-Paganis (Partial), J.
Nelson, N. LoBiondo (all AlixPartners) re: updated cash collateral budget and
related support
Attend call with N. LoBiondo, A. Perrella (all AlixPartners) re: updated cash
collateral reporting and Fed remittance calculations
Attend call with M. Kennedy, J. Ellis(all Chilmark) D. Rieger-Paganis (Partial), J.
Nelson, N. LoBiondo (all AlixPartners) re: updated cash collateral budget and
related support
Prepare cash collateral budget variance report and permitted variance test for week
ended 1/6/23
Update Fed remittance report for week-ended 12/23 for additional SBA GP
payments
Attend call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners)
re: Fed Reserve requests, loan transfer plan discussions, contract objection process
and tax payments
Respond to S. Kafiti (KServicing) re: termination of UCC
Review analysis from N. LoBiondo (AlixPartners) re; PPPLF Kabbage loan
reconciliation for December month end
Review correspondence from T. Williams (KServicing) re: disbursements from
401k plan
Attend call with N. LoBiondo, A. Perrella (all AlixPartners) re: updated cash
collateral reporting for week-ended 1/6/23
Telephone call with T. Thoroddsen, A. Perrella (all AlixPartners) re: US trustee
Attend call with T. Williams, S. Haliburton (all KServicing) J. Nelson, T.
Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) re: Fed
reserve requests, month-end close updates, and other diligence items

HOURS
0.1
0.1
0.1
0.7
0.3
2.4
1.5
0.3
0.7
0.7
0.7
0.7
0.7
2.7
0.7
0.3
0.1
0.3
0.1
0.2
0.2
0.3


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 22 of 66

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
01/11/2023

PROFESSIONAL
AP

01/11/2023

AP

01/11/2023

AP

01/11/2023

DCR

01/11/2023

JN

01/11/2023

JMK

01/11/2023

NL

01/11/2023

NL

01/11/2023

NL

01/11/2023
01/11/2023

TBT
TBT

01/11/2023

TBT

01/11/2023

TBT

01/11/2023
01/11/2023
01/11/2023

TBT
TBT
TBT

01/11/2023
01/11/2023
01/11/2023

TBT
TBT
TBT

01/12/2023

AP

01/12/2023

AP

01/12/2023
01/12/2023

AP
NL

01/12/2023

NL

DESCRIPTION OF SERVICES
Attend call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners)
re: taxes, 401k plan payments, claims objection process and MOR
Adjustment to cash collateral reporting to be finalized and shared with Federal
Reserve advisors
Develop cash collateral cash balance report to be shared with Federal Reserve
advisors
Attend call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners)
re: taxes, 401k plan payments, claims objection process and MOR
Attend call with T. Williams, S. Haliburton (all KServicing) J. Nelson, T.
Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) re: Fed
reserve requests, month-end close updates, and other diligence items
Attend call with T. Williams, S. Haliburton (all KServicing) J. Nelson, T.
Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) re: Fed
reserve requests, month-end close updates, and other diligence items
Attend call with N. LoBiondo, A. Perrella (all AlixPartners) re: updated cash
collateral reporting for week-ended 1/6/23
Attend call with T. Williams, S. Haliburton (all KServicing) J. Nelson, T.
Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) re: Fed
reserve requests, month-end close updates, and other diligence items
Finalize cash collateral budget variance report and permitted variance test for week
ended 1/6/23
Telephone call with T. Thoroddsen, A. Perrella (all AlixPartners) re: US trustee
Attend call with T. Williams, S. Haliburton (all KServicing) J. Nelson, T.
Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) re: Fed
reserve requests, month-end close updates, and other diligence items
Attend call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners)
re: taxes, 401k plan payments, claims objection process and MOR
Attend call with T. Williams (KServicing) T. Bullet (Windham Brannon) re:
communications with IRS re: deferred payroll tax
Prepare analysis of estimated trustee fees
Review cash flow report for December MOR
Review correspondence from J. Nelson (AlixPartners) re: inquiry from Chilmark
about US trustee fees
Review correspondence from T. Williams (KServicing) re: 401k plan
Review correspondence from Z. Shapiro (RLF) re: US trustee fee calculation
Send correspondence to Z. Shapiro (RLF), N. Hwangpo, C. Bentley (both Weil), J.
Nelson, D. Rieger-Paganis (both AlixPartners) re: disbursements for MOR
Attend call with N. LoBiondo, A. Perrella (all AlixPartners) re: updated cash
collateral reporting for week-ended 1/6/23
Develop cash collateral cash balance report to be shared with Federal Reserve
advisors
Review default loan list to be shared with Federal Reserve
Attend call with N. LoBiondo, A. Perrella (all AlixPartners) re: updated cash
collateral reporting for week-ended 1/6/23
Review and respond to Fed Advisor comments and diligence requests on updated
cash collateral budget

HOURS
0.3
1.8
2.1
0.3
0.3
0.3
0.2
0.3
2.6
0.2
0.3
0.3
0.4
0.6
0.4
0.1
0.1
0.1
0.1
0.2
1.9
0.4
0.2
2.5


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 23 of 66

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
01/12/2023
01/13/2023

PROFESSIONAL
TBT
AP

01/13/2023
01/13/2023

AP
JMK

01/13/2023

NL

01/13/2023

NL

01/13/2023
01/13/2023

NL
NL

01/13/2023
01/13/2023
01/13/2023
01/16/2023
01/16/2023
01/17/2023

TBT
TBT
TBT
TBT
TBT
AP

01/17/2023
01/17/2023
01/17/2023

AP
AP
TBT

01/17/2023

TBT

01/17/2023
01/18/2023

TBT
AP

01/18/2023

AP

01/18/2023

AP

01/18/2023

AP

01/18/2023
01/18/2023

AP
NL

01/18/2023

NL

01/18/2023

NL

01/18/2023

NL

DESCRIPTION OF SERVICES
Respond to L. Castillo (Weil) re: company's books and records
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) T.
Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) re:
December Financials and loan data
Update PPPLF Loan data to be shared with Federal Reserve advisors
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) T.
Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) re:
December Financials and loan data
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) T.
Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners) re:
December Financials and loan data
Attend call with M. Kennedy, J. Ellis (both Chilmark) re: cash collateral budget
updates and professional fees
Review and finalize cash collateral reporting for week-ended 1/6/23
Review and respond to Fed Advisor's follow up inquiries and diligence requests for
updated cash collateral budget
Review analysis of Fed professional fees versus cash collateral budget
Review December financials from T. Williams (KServicing)
Send correspondence to T. Williams (KServicing) re: December financials
Respond to E. Ruocco (Weil) re: US trustee fees
Send preliminary December balance sheet to E. Ruocco (Weil) as requested
Telephone call with T. Thoroddsen, A. Perrella (all AlixPartners) re: analysis for
December MOR
Review reduction report re: confirmation of cash collateral reporting
Update loan listing analysis for remittance report
Telephone call with T. Thoroddsen, A. Perrella (all AlixPartners) re: analysis for
December MOR
Attend call with T. Williams, I. Naraine (all KServicing) re: restructuring expenses
for December MOR
Review updated financials from T. Williams (KServicing) for December MOR
Telephone call with T. Thoroddsen, A. Perrella (all AlixPartners) re: professional
fees for December MOR
Telephone call with T. Thoroddsen, A. Perrella (all AlixPartners) re: cash flow
estimates for US trustee fees
Attend call with N. LoBiondo, A. Perrella (all AlixPartners) re: Fed remittance
report for week-ended 1/13/23
Adjustment to cash collateral reporting to be finalized and shared with Federal
Reserve advisors
Update loan listing analysis for remittance report
Attend call with N. LoBiondo, A. Perrella (all AlixPartners) re: Fed remittance
report for week-ended 1/13/23
Finalize cash collateral budget variance report and permitted variance test for week
ended 1/13/23
Prepare cash collateral budget variance report and permitted variance test for week
ended 1/13/23
Review and finalize Fed remittance report for week-ended 1/13/23

HOURS
0.1
0.2
0.6
0.2
0.2
0.5
2.1
1.5
0.1
1.1
0.1
0.1
0.1
0.1
2.4
1.8
0.1
0.2
0.5
0.2
0.3
0.2
0.6
2.2
0.2
1.6
2.5
1.1


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 24 of 66

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
01/18/2023

PROFESSIONAL
TBT

01/18/2023

TBT

01/18/2023
01/18/2023
01/19/2023

TBT
TBT
AP

01/19/2023

AP

01/19/2023

AP

01/19/2023

NL

01/19/2023

NL

01/19/2023

TBT

01/19/2023
01/19/2023
01/19/2023
01/19/2023
01/19/2023
01/19/2023
01/19/2023
01/19/2023
01/19/2023

TBT
TBT
TBT
TBT
TBT
TBT
TBT
TBT
TBT

01/20/2023

AP

01/20/2023

AP

01/20/2023

AP

01/20/2023

AP

01/20/2023

AP

01/20/2023
01/20/2023

AP
DCR

01/20/2023

JN

DESCRIPTION OF SERVICES
Telephone call with T. Thoroddsen, A. Perrella (all AlixPartners) re: professional
fees for December MOR
Telephone call with T. Thoroddsen, A. Perrella (all AlixPartners) re: cash flow
estimates for US trustee fees
Analyze potential US trustee fees through Q1 2023
Review cash flow categorization for MOR
Attend call with N. LoBiondo, A. Perrella (all AlixPartners) to review cash
collateral report for week-ended 1/13/23
Working session with T. Thoroddsen, A. Perrella (all AlixPartners) to review
receipts and disbursements for MOR reporting
Develop cash collateral cash balance report to be shared with Federal Reserve
advisors
Attend call with N. LoBiondo, A. Perrella (all AlixPartners) to review cash
collateral report for week-ended 1/13/23
Update cash collateral budget and budget support files per Chilmark and Fed
comments
Working session with T. Thoroddsen, A. Perrella (all AlixPartners) to review
receipts and disbursements for MOR reporting
Respond to E. Ruocco (Weil) re: balance sheet question
Review correspondence from H. Arm (Weil) re: OCP report
Review correspondence from J. Nelson (AlixPartners) re: December MOR
Review final cash management order for December MOR reporting
Review updates from T. Williams (KServicing) re: OCP Q4 amounts
Revised global notes for December MOR
Send correspondence to A. Ham (Weil) re: Alston & Bird payment for OCP report
Send correspondence to E. Ruocco (Weil) re: global notes for December MOR
Send correspondence to T. Williams (KServicing) re: headcount for December
MOR
Telephone call with T. Williams (KServicing) T. Thoroddsen, A. Perrella (all
AlixPartners) re: December MOR
Working session with T. Thoroddsen, A. Perrella (all AlixPartners) re: revisions to
December MOR
Attend call with E. Ruocco (Weil) T. Thoroddsen, A. Perrella (all AlixPartners) to
review revisions to December global notes
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) D. RiegerPaganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all
AlixPartners) re: December MOR and outstanding Fed requests
Develop cash collateral cash balance report to be shared with Federal Reserve
advisors
Update PPPLF Loan data to be shared with Federal Reserve advisors
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) D. RiegerPaganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all
AlixPartners) re: December MOR and outstanding Fed requests
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) D. RiegerPaganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all
AlixPartners) re: December MOR and outstanding Fed requests

HOURS
0.2
0.3
0.7
0.6
0.4
0.3
2.1
0.4
2.4
0.3
0.1
0.2
0.1
0.3
0.1
0.7
0.1
0.1
0.1
0.3
0.2
0.2
0.4
1.8
0.7
0.4
0.4


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 25 of 66

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
01/20/2023

PROFESSIONAL
JMK

01/20/2023

NL

01/20/2023
01/20/2023
01/20/2023

NL
NL
TBT

01/20/2023

TBT

01/20/2023

TBT

01/20/2023

TBT

01/20/2023
01/20/2023
01/20/2023
01/20/2023
01/20/2023
01/20/2023
01/20/2023

TBT
TBT
TBT
TBT
TBT
TBT
TBT

01/20/2023

TBT

01/20/2023
01/20/2023
01/23/2023

TBT
TBT
AP

01/23/2023

AP

01/23/2023

DCR

01/23/2023

JN

01/23/2023

JN

DESCRIPTION OF SERVICES
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) D. RiegerPaganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all
AlixPartners) re: December MOR and outstanding Fed requests
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) D. RiegerPaganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all
AlixPartners) re: December MOR and outstanding Fed requests
Finalize cash collateral budget and prepare output for Management and Fed
Finalize cash collateral reporting and PPPLF Portfolio Data for week-ended
Telephone call with T. Williams (KServicing) T. Thoroddsen, A. Perrella (all
AlixPartners) re: December MOR
Working session with T. Thoroddsen, A. Perrella (all AlixPartners) re: revisions to
December MOR
Attend call with E. Ruocco (Weil) T. Thoroddsen, A. Perrella (all AlixPartners) to
review revisions to December global notes
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) D. RiegerPaganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all
AlixPartners) re: December MOR and outstanding Fed requests
Prepare information needed in order to process US trustee payment for Q4 2022
Review comments from E. Ruocco (Weil) re: global notes
Review revised December MOR
Revise global notes for December MOR
Revise OCP report with payments through January 19th
Send correspondence to A. Ham (Weil) re: OCP report
Send correspondence to N. Hwangpo, E. Ruocco (both Weil), Z. Shapiro, A. Steele
(both RLF) re: December MOR draft for their final review
Send correspondence to Z. Shapiro, A. Steele (both RLF) re: payment process for
US trustee fees
Send revised global notes to E. Ruocco (Weil) for her review
Telephone call with E. Ruocco (Weil) re: December MOR
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: AP inquiries, outstanding Fed requests and other
diligence matters
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) J.
Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners)
re: MOR, UST Fees and Vendor payments
Attend call with N. Hwangpo, C. Bentley, E. Ruocco (all Weil) Z. Shapiro(RLF)
L. Milner, S. Kafiti, D. Evans, H. Loiseau (all KServicing) D. Rieger-Paganis, J.
Nelson, T. Thoroddsen (all AlixPartners) re: CUBI, CRB, transfer tasks, MOR,
claims objections and plan supplements
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: AP inquiries, outstanding Fed requests and other
diligence matters
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) J.
Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all
AlixPartners)re: MOR, UST Fees and Vendor payments

HOURS
0.4
0.4
0.9
2.2
0.3
0.2
0.2
0.4
0.2
0.1
0.4
0.4
0.3
0.1
0.1
0.1
0.1
0.1
0.4
0.2
0.5

0.4
0.2


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 26 of 66

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
01/23/2023

PROFESSIONAL
JN

01/23/2023

JMK

01/23/2023

JMK

01/23/2023

NL

01/23/2023

NL

01/23/2023

TBT

01/23/2023

TBT

01/23/2023
01/23/2023

TBT
TBT

01/23/2023
01/23/2023
01/23/2023

TBT
TBT
TBT

01/23/2023
01/23/2023
01/23/2023

TBT
TBT
TBT

01/23/2023

TBT

01/23/2023

TBT

01/24/2023
01/24/2023
01/24/2023

AP
AP
DCR

01/24/2023

JN

DESCRIPTION OF SERVICES
Attend call with N. Hwangpo, C. Bentley, E. Ruocco (all Weil) Z. Shapiro(RLF)
L. Milner, S. Kafiti, D. Evans, H. Loiseau (all KServicing) D. Rieger-Paganis, J.
Nelson, T. Thoroddsen (all AlixPartners) re: CUBI, CRB, transfer tasks, MOR,
claims objections and plan supplements
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: AP inquiries, outstanding Fed requests and other
diligence matters
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) J.
Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all
AlixPartners)re: MOR, UST Fees and Vendor payments
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: AP inquiries, outstanding Fed requests and other
diligence matters
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) J.
Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all
AlixPartners)re: MOR, UST Fees and Vendor payments
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) J.
Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all
AlixPartners)re: MOR, UST Fees and Vendor payments
Attend call with N. Hwangpo, C. Bentley, E. Ruocco (all Weil) Z. Shapiro(RLF)
L. Milner, S. Kafiti, D. Evans, H. Loiseau (all KServicing) D. Rieger-Paganis, J.
Nelson, T. Thoroddsen (all AlixPartners) re: CUBI, CRB, transfer tasks, MOR,
claims objections and plan supplements
Finalize global notes for December MOR
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: AP inquiries, outstanding Fed requests and other
diligence matters
Review comments from N. Hwangpo (Weil) re: December global notes
Review comments from Z. Shapiro (RLF) re: December global notes
Review correspondence from T. Williams (KServicing) re: HCG and Stone Ridge
servicing fees
Review final comments from Z. Shapiro (RLF) re: December global notes
Review final December MOR prior to filing
Send final December MOR copies to Z. Shapiro, A. Steele, M. Milana (all RLF)
for filing
Send final December MOR to T. Williams (KServicing) for final review and
approval prior to filing
Send revised global notes drafts to N. Hwangpo (Weil), Z. Shapiro (RLF) for their
review and final comments
Update loan listing analysis for remittance report
Review reduction report re: confirmation of cash collateral reporting
Attend call with D. Rieger-Paganis, J. Nelson, N. LoBiondo (all AlixPartners) to
review cash collateral budget variance report for the week-ended 1/20/23
Attend call with D. Rieger-Paganis, J. Nelson, N. LoBiondo (all AlixPartners) to
review cash collateral budget variance report for the week-ended 1/20/23

HOURS
0.5

0.4
0.2
0.4
0.2
0.2
0.5

0.3
0.4
0.1
0.1
0.1
0.1
0.5
0.1
0.1
0.1
2.4
1.1
0.4
0.4


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 27 of 66

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
01/24/2023

PROFESSIONAL
NL

01/24/2023

NL

01/24/2023

NL

01/24/2023
01/24/2023
01/24/2023
01/24/2023
01/24/2023
01/24/2023
01/24/2023
01/24/2023

NL
TBT
TBT
TBT
TBT
TBT
TBT
TBT

01/25/2023

AP

01/25/2023

AP

01/25/2023

JN

01/25/2023

JMK

01/25/2023

NL

01/25/2023
01/25/2023
01/25/2023
01/25/2023

NL
NL
NL
TBT

01/25/2023
01/26/2023

TBT
AP

01/26/2023

AP

01/26/2023

NL

01/26/2023

NL

01/26/2023

TBT

DESCRIPTION OF SERVICES
Attend call with D. Rieger-Paganis, J. Nelson, N. LoBiondo (all AlixPartners) to
review cash collateral budget variance report for the week-ended 1/20/23
Update cash collateral budget variance report and permitted variance test
presentation for week-ended 1/20/23
Prepare cash collateral budget variance report and permitted variance test for week
ended 1/20/23
Review Fed Remittance Report and pay down file for week-ended 1/20/23
Follow up with S. Moss, T. Williams (both KServicing) re: 401k plan
Follow up with T. Williams (KServicing) re: L. Milner signature for refund request
Review response from Z. Shapiro (RLF) re: 3/31/2023 2015.3 report
Review revised KS org chart from D. Evans (KServicing)
Review updates from S. Moss (KServicing) re: 401k plan
Send correspondence to Z. Shapiro, A. Steele (both RLF) re: next 2015.3 Report
Send correspondence to Z. Shapiro, A. Steele, M. Milana (all RLF) re: Jones Day
and RLF November fees
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) J.
Nelson, T. Thoroddsen, J. Katsigeorgis, A. Perrella (all AlixPartners) re: bank fees,
vendor payments and 2015.3 report
Adjustment to cash collateral reporting to be finalized and shared with Federal
Reserve advisors
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) J.
Nelson, T. Thoroddsen, J. Katsigeorgis, A. Perrella (all AlixPartners) re: bank fees,
vendor payments and 2015.3 report
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) J.
Nelson, T. Thoroddsen, J. Katsigeorgis, A. Perrella (all AlixPartners) re: bank fees,
vendor payments and 2015.3 report
Finalize cash collateral budget variance report and permitted variance test
presentation for week-ended 1/20/23
Prepare and finalize KS remittance loan detail report per Chilmark request
Prepare Fed remittance reconciliation for KServicing for month-end close
Update and finalize Fed remittance report for week-ended 1/20/23
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) J.
Nelson, T. Thoroddsen, J. Katsigeorgis, A. Perrella (all AlixPartners) re: bank fees,
vendor payments and 2015.3 report
Send correspondence to T. Williams (KServicing) re: 2nd 2015.3 report timing
Attend call with N. LoBiondo, A. Perrella (all AlixPartners) to review cash
collateral report for the week-ended 1/20/23
Develop cash collateral cash balance report to be shared with Federal Reserve
advisors
Attend call with N. LoBiondo, A. Perrella (all AlixPartners) to review cash
collateral report for the week-ended 1/20/23
Update loan level out-of-pocket and excess SALT balances for reporting to
Chilmark
Review updates from S. Moss (KServicing) re: 401k plan

HOURS
0.4
2.3
2.6
1.2
0.1
0.1
0.1
0.2
0.1
0.1
0.1
0.2
0.6
0.2
0.2
1.1
1.5
1.1
1.8
0.2
0.1
0.4
2.1
0.4
2.5
0.1


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 28 of 66

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
01/27/2023

PROFESSIONAL
AP

01/27/2023

AP

01/27/2023
01/27/2023

AP
JN

01/27/2023

NL

01/27/2023

NL

01/27/2023

NL

01/27/2023

TBT

01/27/2023
01/27/2023
01/27/2023
01/27/2023
01/30/2023

TBT
TBT
TBT
TBT
AP

01/30/2023

JN

01/30/2023

NL

01/30/2023

TBT

01/30/2023
01/30/2023
01/31/2023

TBT
TBT
NL

01/31/2023

NL

01/31/2023
01/31/2023
01/31/2023
01/31/2023
01/31/2023

NL
TBT
TBT
TBT
TBT

DESCRIPTION OF SERVICES
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) J.
Nelson, T. Thoroddsen, N. LoBiondo, A. Perrella (all AlixPartners) re: Kabbage
Direct PPP loan request, PPPLF repayment inquiry, and other diligence matters
Develop cash collateral cash balance report to be shared with Federal Reserve
advisors
Update PPPLF Loan data to be shared with Federal Reserve advisors
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) J.
Nelson, T. Thoroddsen, N. LoBiondo, A. Perrella (all AlixPartners) re: Kabbage
Direct PPP loan request, PPPLF repayment inquiry, and other diligence matters
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) J.
Nelson, T. Thoroddsen, N. LoBiondo, A. Perrella (all AlixPartners) re: Kabbage
Direct PPP loan request, PPPLF repayment inquiry, and other diligence matters
Review and update cash balances and cash collateral report for the week-ended
1/20/23
Update PPPLF portfolio snapshot for out-of-pocket and excess SALT remaining
balances
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) J.
Nelson, T. Thoroddsen, N. LoBiondo, A. Perrella (all AlixPartners) re: Kabbage
Direct PPP loan request, PPPLF repayment inquiry, and other diligence matters
Review correspondence from N. Hwangpo (Weil) re: borrower collections
Review correspondence from N. LoBiondo (AlixPartners) re: borrower collections
Review tracking against cash collateral CAPs
Review updates from D. Evans (KServicing) re: org overview and functions
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) J.
Nelson, T. Thoroddsen, N. LoBiondo, A. Perrella (all AlixPartners) re: vendor
inquiries, Kabbage Direct loan request, and other diligence matters
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) J.
Nelson, T. Thoroddsen, N. LoBiondo, A. Perrella (all AlixPartners) re: vendor
inquiries, Kabbage Direct loan request, and other diligence matters
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) J.
Nelson, T. Thoroddsen, N. LoBiondo, A. Perrella (all AlixPartners) re: vendor
inquiries, Kabbage Direct loan request, and other diligence matters
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) J.
Nelson, T. Thoroddsen, N. LoBiondo, A. Perrella (all AlixPartners) re: vendor
inquiries, Kabbage Direct loan request, and other diligence matters
Review correspondence from S. Kafiti (KServicing) re: winddown of Kabbage
Review updates from Kaushik Das re: winddown of Kabbage India
Finalize cash collateral budget variance report and permitted variance test
presentation for week-ended 1/27/23
Prepare cash collateral budget variance report and permitted variance test for week
ended 1/27/23
Update cash collateral budget for cash collateral order
Review correspondence from T. Williams (KServicing) re: liquidation accounting
Review Q4 OCP report filed
Review service log from N. Panameno (Omni) and current statuses
Send correspondence to A. Ham (Weil) re: OCP report

HOURS
0.5
1.2
0.7
0.5
0.5
2.3
2.2
0.5
0.1
0.1
0.2
0.2
0.3
0.3
0.3
0.3
0.1
0.1
2.2
2.5
1.5
0.1
0.2
0.5
0.1


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 29 of 66

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

PROFESSIONAL

Total Professional Hours

DESCRIPTION OF SERVICES

HOURS
169.6


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 30 of 66

Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309

Re:
Code:
PROFESSIONAL
Deborah Rieger-Paganis
James Nelson
Thora B Thoroddsen
John M Katsigeorgis
Anthony Perrella
Nicholas LoBiondo
Total Professional Hours and Fees

U.S. Trustee / Court Reporting Requirements
20006554P00002.1.5
RATE
$1,220
$1,020
$950
$860
$605
$605

HOURS
5.1
7.2
25.4
2.7
56.3
72.9
169.6

$

$

FEES
6,222.00
7,344.00
24,130.00
2,322.00
34,061.50
44,104.50
118,184.00


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 31 of 66

Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309

Re:
Code:

CFO Support
20006554P00002.1.6

DATE
PROFESSIONAL
01/25/2023
JN
01/27/2023
JN
01/31/2023
JN
Total Professional Hours

DESCRIPTION OF SERVICES
Review updates to professional fees forecast
Conduct research regarding payment application for court case judgment proceeds
Revise professional fees forecast

HOURS
0.7
0.7
0.7
2.1


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 32 of 66

Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309

Re:
Code:
PROFESSIONAL
James Nelson
Total Professional Hours and Fees

CFO Support
20006554P00002.1.6
RATE
$1,020

HOURS
2.1
2.1

FEES
2,142.00
$

2,142.00


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 33 of 66

Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309

Re:
Code:

Plan & Disclosure Statement
20006554P00002.1.9

DATE
01/03/2023
01/03/2023

PROFESSIONAL
JN
NL

01/03/2023
01/04/2023

NL
DCR

01/04/2023

JN

01/04/2023

JN

01/04/2023

JN

01/04/2023

JN

01/04/2023
01/04/2023

JN
NL

01/04/2023

NL

01/04/2023

NL

01/04/2023

NL

01/04/2023
01/04/2023
01/05/2023

NL
NL
DCR

01/05/2023

JN

01/05/2023
01/05/2023
01/05/2023
01/05/2023
01/05/2023

JN
JN
JN
JN
NL

01/05/2023
01/06/2023
01/06/2023

NL
TBT
TBT

DESCRIPTION OF SERVICES
Prepare summary of cost-per-loan analysis for Board
Attend call with J. Nelson, N. LoBiondo (all AlixPartners) re: cost-per-loan
analysis updates and cost-per-loan Board presentation
Prepare updated Board presentation for cost-per-loan-analysis
Attend call with D. Rieger-Paganis, J. Nelson, N. LoBiondo (all AlixPartners) re:
cost-per-loan analysis presentation for the Board, and budget variance analysis for
week-ended 12/30/22
Attend call with A. Goff, D. Evans (all KServicing) J. Nelson, N. LoBiondo (all
AlixPartners) re: loan run-off forecast assumptions, including fraud loan
processing rates, for cost-per-loan analysis
Attend call with D. Rieger-Paganis, J. Nelson, N. LoBiondo (all AlixPartners) re:
cost-per-loan analysis presentation for the Board, and budget variance analysis for
week-ended 12/30/22
Attend call with D. Evans (all KServicing) J. Nelson, N. LoBiondo (all
AlixPartners) re: CUBI dispute and updates on Project White Glove
Attend call with J. Nelson, N. LoBiondo (all AlixPartners) re: cost-per-loan
analysis presentation for the Board and fraud loan population updates
Revise cost-per-loan analysis summary presentation for Board
Attend call with A. Goff, D. Evans (all KServicing) J. Nelson, N. LoBiondo (all
AlixPartners) re: loan run-off forecast assumptions, including fraud loan
processing rates, for cost-per-loan analysis
Attend call with D. Rieger-Paganis, J. Nelson, N. LoBiondo (all AlixPartners) re:
cost-per-loan analysis presentation for the Board, and budget variance analysis for
week-ended 12/30/22
Attend call with D. Evans (all KServicing) J. Nelson, N. LoBiondo (all
AlixPartners) re: CUBI dispute and updates on Project White Glove
Attend call with J. Nelson, N. LoBiondo (all AlixPartners) re: cost-per-loan
analysis presentation for the Board and fraud loan population updates
Finalize updated Board presentation for cost-per-loan-analysis
Review and finalize Fed remittance report for week-ended 12/30/22
Attend call with L. Milner, H. Loiseau, S. Kafiti, R. Gregg, E. Hartz (all
KServicing) N. Hwangpo, C. Bentley, E. Ruocco (all Weil) D. Rieger-Paganis, J.
Nelson, N. LoBiondo (all AlixPartners) re: cost-per-loan analysis
Attend call with L. Milner, H. Loiseau, S. Kafiti, R. Gregg, E. Hartz (all
KServicing) N. Hwangpo, C. Bentley, E. Ruocco (all Weil) D. Rieger-Paganis, J.
Nelson, N. LoBiondo (all AlixPartners) re: cost-per-loan analysis
Attend call with C. Bentley (Weil) re: Disclosure Statement
Conduct research of Board requests following cost-per-loan analysis presentation
Prepare for Board presentation on cost-per-loan analysis
Review 3rd party comments to Plan and Disclosure Statement
Attend call with L. Milner, H. Loiseau, S. Kafiti, R. Gregg, E. Hartz (all
KServicing) N. Hwangpo, C. Bentley, E. Ruocco (all Weil) D. Rieger-Paganis, J.
Nelson, N. LoBiondo (all AlixPartners) re: cost-per-loan analysis
Prepare winddown budget opex and professional fee detail support file for
Respond to L. Castillo (Weil) re: motion to extend exclusivity
Review motion to extend exclusivity from L. Castillo (Weil)

HOURS
2.2
1.0
1.5
0.6
0.6
0.6
0.6
0.5
1.9
0.6
0.6
0.6
0.5
1.5
1.1
1.0
1.0
0.2
1.4
0.8
0.7
1.0
1.8
0.1
0.2


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 34 of 66

Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309

Re:
Code:

Plan & Disclosure Statement
20006554P00002.1.9

DATE
01/06/2023
01/06/2023
01/09/2023

PROFESSIONAL
TBT
TBT
DCR

01/09/2023

JN

01/09/2023

JN

01/09/2023
01/09/2023

JN
NL

01/09/2023

NL

01/10/2023

JN

01/10/2023
01/10/2023

JN
NL

01/10/2023
01/10/2023

TBT
TBT

01/11/2023
01/11/2023
01/11/2023

JN
JN
NL

01/11/2023
01/11/2023
01/11/2023
01/11/2023
01/12/2023

NL
TBT
TBT
TBT
AP

01/12/2023

DCR

01/12/2023

DCR

01/12/2023

JN

DESCRIPTION OF SERVICES
Send correspondence to E. Ruocco (Weil) re: plan supplement for contracts
Telephone call with K. Steverson (Omni) re: claims for solicitation
Board meeting with C. Arthur, N. Hwangpo, C. Bentley, L. Castillo, T.
Tsekerides(all Weil) D. Kurzweil, M. Petrie(all Greenberg Traurig) S. Kafiti, H.
Loiseau, L. Milner, E. Hartz, R. Gregg (all KServicing) D. Rieger-Paganis, J.
Nelson, N. LoBiondo (all AlixPartners) re: case updates
Attend call with D. Evans(KServicing) J. Nelson, N. LoBiondo (all AlixPartners)
re: follow-ups to Board meeting and cost-per-loan analysis next steps
Board meeting with C. Arthur, N. Hwangpo, C. Bentley, L. Castillo, T.
Tsekerides(all Weil) D. Kurzweil, M. Petrie(all Greenberg Traurig) S. Kafiti, H.
Loiseau, L. Milner, E. Hartz, R. Gregg (all KServicing) D. Rieger-Paganis, J.
Nelson, N. LoBiondo (all AlixPartners) re: case updates
Attend call with C. Bentley (Weil) re: revisions to Disclosure Statement
Attend call with D. Evans(KServicing) J. Nelson, N. LoBiondo (all AlixPartners)
re: follow-ups to Board meeting and cost-per-loan analysis next steps
Board meeting with C. Arthur, N. Hwangpo, C. Bentley, L. Castillo, T.
Tsekerides(all Weil) D. Kurzweil, M. Petrie(all Greenberg Traurig) S. Kafiti, H.
Loiseau, L. Milner, E. Hartz, R. Gregg (all KServicing) D. Rieger-Paganis, J.
Nelson, N. LoBiondo (all AlixPartners) re: case updates
Attend call with D. Evans (KServicing) J. Nelson, N. LoBiondo (all AlixPartners)
re: cost-per-loan analysis next steps and updates to headcount analysis
Revise Fed advisor comments to Plan and Liquidation Analysis
Attend call with D. Evans (KServicing) J. Nelson, N. LoBiondo (all AlixPartners)
re: cost-per-loan analysis next steps and updates to headcount analysis
Review comments from Chilmark re: liquidation analysis
Review correspondence from N. Hwangpo (Weil) re: Fed's comments to plan and
disclosure statement
Attend call with C. Bentley (Weil) re: revisions to Disclosure Statement
Review Cost Per Loan model and updated assumptions
Update cost-per-loan cash flows forecast and cost-per-loan analysis for new
headcount assumptions
Update employee and staffing headcount assumptions for cost-per-loan analysis
Telephone call with C. Bentley (all Weil) re: task updates
Review objection to solicitation procedures from US trustee
Review United States Reservation of rights re: disclosure statement
Attend call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners)
re: MOR and claims objection process
Attend call with H. Loiseau, S. Kafiti, D. Evans (all KServicing) Z. Shapiro (RLF)
D. Rieger-Paganis, J. Nelson, T. Thoroddsen (all AlixPartners)re: Chapter 11 plan
& disclosure statement, transition plans and legacy loan portfolio
Attend call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners)
re: MOR and claims objection process
Attend call with D. Evans(all KServicing) J. Nelson, N. LoBiondo (all
AlixPartners) re: MorganFranklin fee schedule and headcount analysis for cost-per-

HOURS
0.1
0.2
1.0

0.5
1.0

0.3
0.5
1.0

0.5
1.4
0.5
0.2
0.2
0.2
1.7
2.4
2.2
0.1
0.5
0.3
0.2
0.8
0.2
0.5


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 35 of 66

Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309

Re:
Code:

Plan & Disclosure Statement
20006554P00002.1.9

DATE
01/12/2023

PROFESSIONAL
JN

01/12/2023
01/12/2023
01/12/2023
01/12/2023
01/12/2023
01/12/2023

JN
JN
JN
JN
JN
JMK

01/12/2023

NL

01/12/2023
01/12/2023
01/12/2023

NL
NL
TBT

01/12/2023

TBT

01/12/2023

TBT

01/12/2023
01/12/2023
01/13/2023
01/13/2023
01/15/2023

TBT
TBT
JN
TBT
DCR

01/15/2023

JN

01/15/2023
01/17/2023
01/18/2023

JN
JN
JN

01/18/2023

JN

01/18/2023

NL

01/18/2023

NL

01/18/2023
01/19/2023

NL
JN

DESCRIPTION OF SERVICES
Attend call with H. Loiseau, S. Kafiti, D. Evans (all KServicing) Z. Shapiro (RLF)
D. Rieger-Paganis, J. Nelson, T. Thoroddsen (all AlixPartners)re: Chapter 11 plan
& disclosure statement, transition plans and legacy loan portfolio
Research of Cost Per Loan analysis follow-up questions from Board
Research of recent forgiveness and GP processing rates
Review CRB Disclosure Statement objection
Review revised personnel org chart and supporting details
Revise revised Plan and Disclosure Statement
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis (all AlixPartners) re:
presentation materials re potential legacy loan sale process
Attend call with D. Evans(all KServicing) J. Nelson, N. LoBiondo (all
AlixPartners) re: MorganFranklin fee schedule and headcount analysis for cost-perUpdate MorganFranklin fee schedule for cost-per-loan analysis
Continue updates to cost-per-loan analysis and cost-per-loan analysis presentation
Attend call with H. Loiseau, S. Kafiti, D. Evans (all KServicing) Z. Shapiro (RLF)
D. Rieger-Paganis, J. Nelson, T. Thoroddsen (all AlixPartners)re: Chapter 11 plan
& disclosure statement, transition plans and legacy loan portfolio
Attend call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners)
re: MOR and claims objection process
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis (all AlixPartners) re:
presentation materials re potential legacy loan sale process
Review comments from Cross River to plan and disclosure statement
Review revised Plan sent by E. Ruocco (Weil)
Research of Cost Per Loan analysis follow-up questions from Board
Telephone call with C. Bentley, E. Ruocco (all Weil) re: open tasks
Attend Board call with D. Kurzweil (all Greenberg Traurig) L. Milner, H. Loiseau,
S. Kafiti, E. Hartz, R. Gregg, L. Taylor (all KServicing) R. Schrock, C. Arthur, N.
Hwangpo, C. Bentley (all Weil) Z. Shapiro (all RLF) D. Rieger-Paganis, J. Nelson
(both AlixPartners) re: case updates and disclosure statement edits
Attend Board call with D. Kurzweil (all Greenberg Traurig) L. Milner, H. Loiseau,
S. Kafiti, E. Hartz, R. Gregg, L. Taylor (all KServicing) R. Schrock, C. Arthur, N.
Hwangpo, C. Bentley (all Weil) Z. Shapiro (all RLF) D. Rieger-Paganis, J. Nelson
(both AlixPartners) re: case updates and disclosure statement edits
Conduct research into CRB additional disclosure requests
Revise cost-per-loan presentation slides for management and Board
Attend call with D. Evans(KServicing) J. Nelson, N. LoBiondo (all AlixPartners)
re: portfolio transfer and cost-per-loan analysis updates
Attend call with J. Nelson, N. LoBiondo (all AlixPartners) re: cost-per-loan
analysis updates
Attend call with D. Evans(KServicing) J. Nelson, N. LoBiondo (all AlixPartners)
re: portfolio transfer and cost-per-loan analysis updates
Attend call with J. Nelson, N. LoBiondo (all AlixPartners) re: cost-per-loan
analysis updates
Update list of Kabbage Direct PPP loan population for KServicing Ops team
Revise cost-per-loan presentation slides for management and Board

HOURS
0.8
0.7
1.1
0.5
0.9
1.3
0.5
0.5
1.8
2.7
0.8
0.2
0.5
0.6
0.5
0.6
0.1
0.9

0.9

0.8
1.4
0.5
0.2
0.5
0.2
0.7
1.2


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 36 of 66

Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309

Re:
Code:

Plan & Disclosure Statement
20006554P00002.1.9

DATE
01/19/2023

PROFESSIONAL
JN

01/19/2023

NL

01/19/2023
01/19/2023
01/19/2023
01/19/2023

NL
NL
TBT
TBT

01/19/2023
01/19/2023
01/19/2023
01/20/2023
01/20/2023
01/20/2023
01/20/2023
01/23/2023
01/23/2023
01/23/2023

TBT
TBT
TBT
JN
TBT
TBT
TBT
JN
TBT
TBT

01/23/2023

TBT

01/23/2023
01/24/2023

TBT
JN

01/24/2023
01/24/2023
01/24/2023

JN
JN
NL

01/24/2023

NL

01/25/2023
01/25/2023
01/26/2023

JN
NL
DCR

01/26/2023

JN

01/26/2023
01/26/2023

JN
NL

01/26/2023

NL

DESCRIPTION OF SERVICES
Attend call with J. Nelson, N. LoBiondo (all AlixPartners)re: updated headcount
analysis and updated cost-per-loan presentation
Attend call with J. Nelson, N. LoBiondo (all AlixPartners)re: updated headcount
analysis and updated cost-per-loan presentation
Continue updates to cost-per-loan analysis and cost-per-loan analysis presentation
Finalize revised cost-per-loan analysis and cost-per-loan analysis presentation
Review correspondence from C. Arthur (Weil) re: disclosure statement hearing
Review correspondence from K. Steverson (Omni) re: late filed claims for
solicitation
Review plan class report for solicitation
Send correspondence to K. Steverson (Omni) re: plan class report
Telephone call with K. Steverson (Omni) re: plan class report
Research of recent forgiveness and GP processing rates
Review correspondence from N. Hwangpo (Weil) re: plan class report
Review correspondence from Z. Shapiro (RLF) re: plan class report
Review final plan class report from K. Steverson (Omni)
Review updated cost-per-loan analysis and presentation
Follow up with E. Ruocco (Weil) re: retained causes of actions for plan supplement
Review correspondence from E. Ruocco (Weil) re: retained causes of actions for
plan supplement
Review correspondence from K. Steverson (Omni) re: publication version of the
Confirmation Hearing Notice
Review publication version of the Confirmation Hearing from M. Milana (RLF)
Attend call with A. Goff(all KServicing) J. Nelson, N. LoBiondo (all AlixPartners)
re: SBA messages workflow for loan run-off forecast and fraud review costs
Prepare materials for Board meeting
Review updated org chart and rate details
Attend call with J. Nelson, N. LoBiondo (all AlixPartners) re: cash collateral
budget updates and next steps for cost-per-loan analysis
Attend call with A. Goff(all KServicing) J. Nelson, N. LoBiondo (all AlixPartners)
re: SBA messages workflow for loan run-off forecast and fraud review costs
Prepare for Board meeting presentation
Update loan run-off forecast for winddown budget
Attend call with C. Bentley, E. Ruocco, C. Arthur, N. Hwangpo (all Weil) Z.
Shapiro (RLF) L. Milner, S. Kafiti, D. Evans (all KServicing) D. Rieger-Paganis,
J. Nelson, T. Thoroddsen (all AlixPartners) re: CUBI, CRB, transfer task force,
claims objections, plan supplements and legacy loans
Attend call with C. Bentley, E. Ruocco, C. Arthur, N. Hwangpo (all Weil) Z.
Shapiro (RLF) L. Milner, S. Kafiti, D. Evans (all KServicing) D. Rieger-Paganis,
J. Nelson, T. Thoroddsen (all AlixPartners) re: CUBI, CRB, transfer task force,
claims objections, plan supplements and legacy loans
Prepare winddown budget materials for Plan Supplement
Attend call with T. Thoroddsen, N. LoBiondo (all AlixPartners) to walk through
winddown budget
Prepare sources and uses for 4-month and 3-year winddown budgets

HOURS
0.4
0.4
2.6
1.5
0.1
0.1
1.6
0.1
0.1
1.1
0.1
0.1
0.2
1.4
0.1
0.1
0.1
0.3
0.7
1.8
0.6
0.4
0.7
1.1
2.1
1.0

1.0

1.4
0.1
2.2


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 37 of 66

Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309

Re:
Code:

Plan & Disclosure Statement
20006554P00002.1.9

DATE
01/26/2023

PROFESSIONAL
NL

01/26/2023

TBT

01/26/2023

TBT

01/27/2023

DCR

01/27/2023

JN

01/27/2023
01/27/2023

JN
NL

01/27/2023

TBT

01/30/2023

AP

01/30/2023

DCR

01/30/2023
01/30/2023

DCR
JN

01/30/2023
01/30/2023

JN
NL

01/30/2023

TBT

01/31/2023

JN

01/31/2023

NL

01/31/2023

NL

01/31/2023
01/31/2023

NL
NL

DESCRIPTION OF SERVICES
Prepare winddown budget assumptions presentation for 4-month and 3-year
winddown
Attend call with T. Thoroddsen, N. LoBiondo (all AlixPartners) to walk through
winddown budget
Attend call with C. Bentley, E. Ruocco, C. Arthur, N. Hwangpo (all Weil) Z.
Shapiro (RLF) L. Milner, S. Kafiti, D. Evans (all KServicing) D. Rieger-Paganis,
J. Nelson, T. Thoroddsen (all AlixPartners) re: CUBI, CRB, transfer task force,
claims objections, plan supplements and legacy loans
Attend call with Z. Shapiro (RLF) N. Hwangpo, C. Bentley, E. Ruocco (all Weil)
D. Rieger-Paganis, J. Nelson, T. Thoroddsen (all AlixPartners) re: legacy loan sale,
transition plans, contract assumptions and claims objections
Attend call with Z. Shapiro (RLF) N. Hwangpo, C. Bentley, E. Ruocco (all Weil)
D. Rieger-Paganis, J. Nelson, T. Thoroddsen (all AlixPartners) re: legacy loan sale,
transition plans, contract assumptions and claims objections
Prepare winddown budget materials for Plan Supplement
Finalize winddown budget assumptions presentation for 4-month and 3-year
winddown
Attend call with Z. Shapiro (RLF) N. Hwangpo, C. Bentley, E. Ruocco (all Weil)
D. Rieger-Paganis, J. Nelson, T. Thoroddsen (all AlixPartners) re: legacy loan sale,
transition plans, contract assumptions and claims objections
Attend call with N. LoBiondo, A. Perrella (all AlixPartners) re: professional fee
updates for winddown budget
Attend call with L. Milner, S. Kafiti, D. Evans (all KServicing) C. Arthur, N.
Hwangpo, C. Bentley, E. Ruocco(all Weil) Z. Shapiro (RLF) D. Rieger-Paganis, J.
Nelson, T. Thoroddsen (all AlixPartners) re: CUBI, CRB, SBA, Legacy Loan sale,
claims and plan related documents
Review CUBI letter and response.
Attend call with L. Milner, S. Kafiti, D. Evans (all KServicing) C. Arthur, N.
Hwangpo, C. Bentley, E. Ruocco(all Weil) Z. Shapiro (RLF) D. Rieger-Paganis, J.
Nelson, T. Thoroddsen (all AlixPartners) re: CUBI, CRB, SBA, Legacy Loan sale,
claims and plan related documents
Review revised cost-per-loan analysis
Attend call with N. LoBiondo, A. Perrella (all AlixPartners) re: professional fee
updates for winddown budget
Attend call with L. Milner, S. Kafiti, D. Evans (all KServicing) C. Arthur, N.
Hwangpo, C. Bentley, E. Ruocco(all Weil) Z. Shapiro (RLF) D. Rieger-Paganis, J.
Nelson, T. Thoroddsen (all AlixPartners) re: CUBI, CRB, SBA, Legacy Loan sale,
claims and plan related documents
Conduct research regarding Weil questions about winddown budget and cost-perloan analysis
Attend call with T. Thoroddsen, N. LoBiondo (all AlixPartners) re: contract
assumptions and vendors needed for winddown for updated winddown budget
Attend call with E. Ruocco (Weil) re: comments and questions on winddown
budgets for plan supplement
Update 3-year winddown budget for Plan Supplement
Update 4-month winddown budget for Plan Supplement

HOURS
2.1
0.1
1.0

0.5
0.5
1.8
2.1
0.5
0.2
0.4

0.4
0.4

0.9
0.2
0.4

1.1
0.4
0.4
1.5
1.5


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 38 of 66

Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309

Re:
Code:

Plan & Disclosure Statement
20006554P00002.1.9

DATE
01/31/2023
01/31/2023
01/31/2023
01/31/2023

PROFESSIONAL
TBT
TBT
TBT
TBT

01/31/2023

TBT

01/31/2023
TBT
Total Professional Hours

DESCRIPTION OF SERVICES
Review additional correspondence from L. Castillo (Weil) re: voting
Review Class 4 voting report from P. Jeriad (Omni)
Review correspondence from C. Arthur (Weil) re: CUBI request
Attend call with T. Thoroddsen, N. LoBiondo (all AlixPartners) re: contract
assumptions and vendors needed for winddown for updated winddown budget
Review correspondence from N. Hwangpo (Weil) re: plan document re: legacy
loan sale
Review motion to extend exclusivity to file Chapter 11 Plan and Disclosure

HOURS
0.1
0.1
0.1
0.4
0.1
0.2
101.4


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 39 of 66

Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309

Re:
Code:
PROFESSIONAL
Deborah Rieger-Paganis
James Nelson
Thora B Thoroddsen
John M Katsigeorgis
Anthony Perrella
Nicholas LoBiondo
Total Professional Hours and Fees

Plan & Disclosure Statement
20006554P00002.1.9
RATE
$1,220
$1,020
$950
$860
$605
$605

HOURS
6.8
41.7
10.6
0.5
0.4
41.4
101.4

$

$

FEES
8,296.00
42,534.00
10,070.00
430.00
242.00
25,047.00
86,619.00


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 40 of 66

Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309

Re:
Code:

Transaction Support
20006554P00002.1.10

DATE
01/10/2023

PROFESSIONAL
JN

01/10/2023

JMK

01/10/2023
01/10/2023

JMK
TBT

01/11/2023

JMK

01/11/2023

JMK

01/11/2023
01/12/2023

JMK
JN

01/12/2023

JMK

01/12/2023

JMK

01/12/2023

JMK

01/12/2023
01/13/2023

JMK
JMK

01/13/2023

JMK

01/13/2023
01/17/2023
01/17/2023
01/18/2023
01/18/2023

JMK
JN
JMK
JMK
TBT

01/19/2023
01/23/2023

JMK
JN

01/23/2023
01/23/2023

JN
JMK

01/23/2023

JMK

DESCRIPTION OF SERVICES
Attend call with S. Kafiti (KServicing) C. Bentley, A. Ham (all Weil) J. Nelson, T.
Thoroddsen, J. Katsigeorgis (all AlixPartners) re: strategy and execution re
potential legacy loan sale process
Attend call with S. Kafiti (KServicing) C. Bentley, A. Ham (all Weil) J. Nelson, T.
Thoroddsen, J. Katsigeorgis (all AlixPartners) re: strategy and execution re
potential legacy loan sale process
Prepare presentation materials re possible legacy loan sale process
Attend call with S. Kafiti (KServicing) C. Bentley, A. Ham (all Weil) J. Nelson, T.
Thoroddsen, J. Katsigeorgis (all AlixPartners) re: strategy and execution re
potential legacy loan sale process
Analyze agency referred loans and update of recovery model re potential legacy
loan sale
Analyze legacy loan portfolio aging and outstanding balances re potential legacy
loan sale
Prepare presentation materials re possible legacy loan sale process
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis (all AlixPartners) re:
presentation materials re potential legacy loan sale process
Analyze agency referred loans and update of recovery model re potential legacy
loan sale
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis (all AlixPartners) re:
presentation materials re potential legacy loan sale process
Analyze legacy loan portfolio aging and outstanding balances re potential legacy
loan sale
Prepare presentation materials re possible legacy loan sale process
Analyze agency referred loans and update of recovery model re potential legacy
loan sale
Analyze legacy loan portfolio aging and outstanding balances re potential legacy
loan sale
Prepare presentation materials re possible legacy loan sale process
Revise legacy loan portfolio considerations presentation
Prepare discussion materials re legacy loan considerations
Prepare discussion materials re legacy loan considerations
Review presentation from J. Katsigeorgis (AlixPartners) re: Legacy Loan Portfolio
Consideration
Prepare discussion materials re legacy loan considerations
Attend call with S. Kafiti, C. Ajagba, D. Evans, J. Mullaney, C. Bergmark, P.
Greene (all KServicing) C. Bentley, A. Ham, G. Westermann, H. Guthrie, A.
Kleiner (all Weil) J. Nelson, T. Thoroddsen, J. Katsigeorgis (all AlixPartners) re:
value maximization considerations of legacy loan portfolio
Prepare plan for roll-out of legacy loan sale process
Attend call with S. Kafiti, C. Ajagba, D. Evans, J. Mullaney, C. Bergmark, P.
Greene (all KServicing) C. Bentley, A. Ham, G. Westermann, H. Guthrie, A.
Kleiner(all Weil) J. Nelson, T. Thoroddsen, J. Katsigeorgis (all AlixPartners) re:
value maximization considerations of legacy loan portfolio
Prepare marketing materials re potential legacy loan transaction

HOURS
0.5
0.5
1.0
0.5
1.0
1.2
1.5
0.5
1.2
0.4
1.3
1.6
2.2
2.0
1.8
2.1
2.0
0.7
0.2
1.0
0.8

1.2
0.8

1.2


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 41 of 66

Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309

Re:
Code:

Transaction Support
20006554P00002.1.10

DATE
01/23/2023

PROFESSIONAL
TBT

01/24/2023
JN
01/24/2023
JMK
01/25/2023
JMK
01/27/2023
JN
01/30/2023
JN
Total Professional Hours

DESCRIPTION OF SERVICES
Attend call with S. Kafiti, C. Ajagba, D. Evans, J. Mullaney, C. Bergmark, P.
Greene(all KServicing) C. Bentley, A. Ham, G. Westermann, H. Guthrie, A.
Kleiner(all Weil) J. Nelson, T. Thoroddsen, J. Katsigeorgis (all AlixPartners) re:
value maximization considerations of legacy loan portfolio
Prepare teaser document for legacy loan sale process
Prepare marketing materials re potential legacy loan transaction
Prepare marketing materials re potential legacy loan transaction
Prepare plan for roll-out of legacy loan sale process
Revise legacy loan sale teaser document

HOURS
0.8

1.5
1.3
0.8
1.1
0.7
33.4


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 42 of 66

Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309

Re:
Code:
PROFESSIONAL
James Nelson
Thora B Thoroddsen
John M Katsigeorgis
Total Professional Hours and Fees

Transaction Support
20006554P00002.1.10
RATE
$1,020
$950
$860

HOURS
8.4
1.5
23.5
33.4

$

$

FEES
8,568.00
1,425.00
20,210.00
30,203.00


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 43 of 66

Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309

Re:
Code:

Vendor Management
20006554P00002.1.13

DATE
01/03/2023
01/03/2023
01/03/2023
01/03/2023

PROFESSIONAL
AP
TBT
TBT
TBT

01/03/2023

TBT

01/04/2023

AP

01/04/2023

NL

01/04/2023

TBT

01/04/2023

TBT

01/04/2023
01/04/2023
01/04/2023

TBT
TBT
TBT

01/04/2023

TBT

01/04/2023
01/04/2023
01/04/2023

TBT
TBT
TBT

01/05/2023

TBT

01/05/2023
01/05/2023
01/05/2023
01/06/2023
01/06/2023
01/06/2023
01/06/2023
01/06/2023

TBT
TBT
TBT
TBT
TBT
TBT
TBT
TBT

01/09/2023
01/09/2023
01/09/2023
01/11/2023
01/11/2023

TBT
TBT
TBT
TBT
TBT

01/12/2023

NL

01/12/2023

TBT

DESCRIPTION OF SERVICES
Call with T. Thoroddsen, A. Perrella (all AlixPartners) re: certain vendor payments
Call with T. Thoroddsen, A. Perrella (all AlixPartners) re: certain vendor payments
Review correspondence from J. Mullaney (KServicing) re: CIT
Review correspondence from L. Francois (KServicing) re: split of certain vendor
invoice between pre and post petition periods
Send correspondence to T. Bullet (Windham Brannon) re: IRS power of attorney
status
Working session with T. Thoroddsen, A. Perrella (all AlixPartners) re: various
open and paid invoices
Telephone call with T. Thoroddsen, N. LoBiondo (all AlixPartners) re: vendor
payments for the week
Working session with T. Thoroddsen, A. Perrella (all AlixPartners) re: various
open and paid invoices
Telephone call with T. Thoroddsen, N. LoBiondo (all AlixPartners) re: vendor
payments for the week
Analyze post-petition invoice activity for certain vendor
Request additional information from L. Francois (KServicing) re: open invoices
Respond to follow up questions from L. Francois (KServicing) re: certain
unprocessed invoices
Review correspondence from J. Mullaney (KServicing) re: tax payment to
California Franchise Board
Review proposed payments from L. Francois (KServicing)
Review updates from T. Bullet (Windham Brannon) re: Power of Attorney for IRS
Send correspondence to L. Francois (KServicing) re: information to request from
certain vendor prior to splitting liability between pre and post petition
Research additional backup for certain pre versus post petition payments as
requested by L. Francois (KServicing)
Respond to L. Francois (KServicing) re: certain vendor invoices
Respond to T. Williams (KServicing) re: certain vendor invoices
Send additional information to I. Naraine (KServicing) re: certain vendor payments
Analyze information received from IRS regarding deferred payroll taxes
Call with K. Steverson (Omni) re: unpaid fees
Respond to T. Bullet (Windham Brannon) re: current address for KServicing
Review updates from I. Naraine (KServicing) re: additional invoices for December
Send correspondence to T. Bullet (Windham Brannon) re: deferred payroll tax
analysis
Review certain post-petition invoices from L. Francois (KServicing)
Review updates from T. Williams (KServicing) re: Pennsylvania tax payment
Send correspondence to L. Francois (KServicing) re: certain pre-petition credits
Review correspondence from J. Mullaney (KServicing) re: certain tax payments
Review updates from T. Bullet (Windham Brannon) re: power of attorney for
California
Telephone call with T. Thoroddsen, N. LoBiondo (all AlixPartners) re: vendor
payments
Telephone call with T. Thoroddsen, N. LoBiondo (all AlixPartners) re: vendor
payments

HOURS
0.1
0.1
0.1
0.1
0.1
0.2
0.1
0.2
0.1
0.4
0.1
0.2
0.1
0.7
0.1
0.1
0.4
0.1
0.1
0.1
0.5
0.1
0.1
0.1
0.1
0.2
0.1
0.1
0.1
0.1
0.1
0.1


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 44 of 66

Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309

Re:
Code:

Vendor Management
20006554P00002.1.13

DATE
01/12/2023
01/12/2023
01/12/2023
01/12/2023
01/12/2023
01/12/2023

PROFESSIONAL
TBT
TBT
TBT
TBT
TBT
TBT

01/12/2023

TBT

01/12/2023
01/13/2023
01/18/2023

TBT
TBT
TBT

01/18/2023
01/19/2023

TBT
NL

01/19/2023

TBT

01/19/2023
01/19/2023

TBT
TBT

01/19/2023

TBT

01/19/2023
01/19/2023
01/20/2023
01/20/2023
01/21/2023
01/23/2023

TBT
TBT
TBT
TBT
TBT
TBT

01/23/2023

TBT

01/23/2023

TBT

01/24/2023
01/24/2023
01/24/2023
01/24/2023

TBT
TBT
TBT
TBT

01/24/2023

TBT

01/25/2023
01/25/2023

AP
TBT

01/25/2023
01/25/2023

TBT
TBT

DESCRIPTION OF SERVICES
Respond to L. Milner (KServicing) re: payment for certain professionals
Review correspondence from A. Ham (Weil) re: Alston & Bird OCP invoice
Review correspondence from A. Suarez (Weil) re: Phoenix Management Services
Review proposed payments for current week from L. Francois (KServicing)
Send correspondence to L. Francois (KServicing) re: vendor payments
Send correspondence to L. Francois (KServicing) re: payment process for OCP
invoices
Send follow up to D. Parker-Thompson, E. Ruocco (both Weil) re: payment to
certain vendor
Send proposed payments to N. LoBiondo (AlixPartners)
Review correspondence from N. Hwangpo (Weil) re: invoices for Fed
Respond to additional questions from L. Francois (KServicing) re: certain vendor
payment status
Respond to L. Francois (KServicing) re: certain pre-petition invoices
Telephone call with T. Thoroddsen, N. LoBiondo (all AlixPartners) re: proposed
vendor payments
Telephone call with T. Thoroddsen, N. LoBiondo (all AlixPartners) re: proposed
vendor payments
Review certain open pre-petition invoices from L. Francois (KServicing)
Review open accounts payables from L. Francois (KServicing) for proposed
payments
Send correspondence to L. Francois (KServicing) re: requesting certain invoice
copies
Send correspondence to L. Francois (KServicing) re: this week's payments
Telephone call with L. Francois (KServicing) re: certain payment
Review updates from L. Francois (KServicing) re: certain vendor payments
Review updates from T. Bullet (Windham Brannon) re: IRS refund
Review certification of no objections for certain fee statements for November
Review correspondence from L. Francois (KServicing) re: certain contract worker
invoices
Review summary of November professional fees to be paid this week after CNOs
are filed
Send correspondence to L. Francois (KServicing) re: professional fees to be
processed and paid
Prepare summary for KServicing to process US trustee fees for Q4 2022
Respond to N. Hwangpo (Weil) re: professional fee payment timing
Respond to T. William (KServicing) re: payment for disclosure statement
Review correspondence from N. Hwangpo (Weil) re: payments to Federal Reserve
professionals
Send correspondence to J. Mullaney, T. Williams, L. Francois (all KServicing) re:
US trustee fees
Develop vendor master database
Review correspondence from L. Francois (KServicing) re: certain contract worker
invoices for October
Review current proposed payments from L. Francois (KServicing)
Send correspondence to N. LoBiondo (AlixPartners) re: proposed vendor payments

HOURS
0.1
0.1
0.1
0.7
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.2
0.2
0.1
0.7
0.1
0.2
0.1
0.1
0.1
0.1
0.1
0.3
0.1
0.3
0.1
0.1
0.1
0.1
1.2
0.1
0.5
0.1


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 45 of 66

Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309

Re:
Code:

Vendor Management
20006554P00002.1.13

DATE
01/26/2023
01/26/2023
01/26/2023
01/26/2023

PROFESSIONAL
NL
TBT
TBT
TBT

01/30/2023
01/30/2023

TBT
TBT

01/30/2023
01/30/2023

TBT
TBT

01/30/2023

TBT

01/31/2023
01/31/2023
01/31/2023

TBT
TBT
TBT

Total Professional Hours

DESCRIPTION OF SERVICES
Attend call with T. Thoroddsen, N. LoBiondo (all AlixPartners) re: vendor
Attend call with T. Thoroddsen, N. LoBiondo (all AlixPartners) re: vendor
Final review of proposed vendor payments for this week
Telephone call with J. Mullaney (KServicing) T. Thoroddsen (AlixPartners) re:
payment of US trustee fees
Respond to L. Francois (KServicing) re: today's payments
Review correspondence from J. Kearney (KServicing) re: outstanding software
licenses
Review detail for certain vendor payments for hosting from L. Francois
Review Jones Day fee applications for expenses as requested by L. Francois
(KServicing)
Send correspondence to L. Francois (KServicing) to requested additional vendor
information
Respond to I. Naraine (KServicing) re: KLDIscovery invoices
Respond to T. Williams (KServicing) re: vendor escalation for unpaid invoices
Send correspondence to T. Williams, L. Francois (both KServicing) re: payment to
OCL Financial Services for renewal

HOURS
0.3
0.3
0.4
0.1
0.1
0.1
0.2
0.3
0.1
0.1
0.1
0.1
14.1


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 46 of 66

Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309

Re:
Code:
PROFESSIONAL
Thora B Thoroddsen
Anthony Perrella
Nicholas LoBiondo
Total Professional Hours and Fees

Vendor Management
20006554P00002.1.13
RATE
$950
$605
$605

HOURS
11.9
1.5
0.7
14.1

$

$

FEES
11,305.00
907.50
423.50
12,636.00


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 47 of 66

Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309

Re:
Code:

Executory Contracts
20006554P00002.1.14

DATE
01/03/2023
01/03/2023
01/03/2023

PROFESSIONAL
TBT
TBT
TBT

01/03/2023

TBT

01/03/2023

TBT

01/03/2023
01/04/2023
01/04/2023
01/05/2023

TBT
TBT
TBT
TBT

01/05/2023
01/05/2023

TBT
TBT

01/05/2023

TBT

01/06/2023
01/06/2023
01/06/2023

TBT
TBT
TBT

01/09/2023

TBT

01/09/2023
01/09/2023

TBT
TBT

01/10/2023

TBT

01/10/2023
01/11/2023
01/11/2023
01/12/2023

TBT
TBT
TBT
TBT

01/18/2023
01/18/2023
01/18/2023
01/20/2023
01/23/2023

TBT
TBT
TBT
TBT
AP

01/23/2023

TBT

01/23/2023

TBT

DESCRIPTION OF SERVICES
Call with S. Moss (KServicing) re: contract review and assumptions
Initial review analysis of contracts
Review correspondence from H. Loiseau (KServicing) re: executory contract
review process
Review correspondence from N. Hwangpo (Weil) re: contract assumption list for
plan supplement
Send correspondence to S. Kafiti, H. Loiseau, S. Moss (all KServicing) re:
executory contract review
Send correspondence to S. Moss (KServicing) re: Insperity contract
Respond to J. Kearney (KServicing) re: certain executory contracts
Review liens filed by US Bank as requested by S. Moss (KServicing)
Prepare process to analysis contracts for assumptions depending on different
scenarios
Provide additional contact information for landlord as requested by A. Suarez
Review correspondence from T. Williams (KServicing) re: renewal for certain
licenses
Review motion to extend time to assume or reject unexpired leases for
nonresidential real property
Review correspondence from J. Kearney (KServicing) re: certain contract renewals
Review correspondence from S. Kafiti (KServicing) re: post-petition contracts
Send correspondence to S. Kafiti, S. Moss, H. Loiseau, D. Evans (all KServicing)
re: new contracts
Review correspondence from H. Loiseau (KServicing) re: timing of assumed
contract analysis
Review correspondence from J. Kearney (KServicing) re: certain annual renewals
Review correspondence from S. Moss (KServicing) re: information from CIT
regarding equipment leases
Analyze additional information received from J. Kearney (KServicing) re:
computer inventory
Review correspondence from S. Kafiti (KServicing) re: CIT agreement
Review correspondence from J. Kearney (KServicing) re: certain IT contracts
Review response from S. Moss (KServicing) re: Insperity contract
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis (all AlixPartners) re:
presentation materials re potential legacy loan sale process
Respond to C. Arthur (Weil) re: certain insurance related contracts
Review correspondence from H. Loiseau (KServicing) re: contract review
Send correspondence to K. Sullivan (Weil) re: certain broker letter agreement
Initial review of potential agreements to be assumed from H. Loiseau KServicing)
Attend call with C. Bentley (all Weil) S. Kafiti, D. Evans, H. Loiseau (all
KServicing) T. Thoroddsen, A. Perrella (all AlixPartners) re: contract assumptions
and rejections
Attend call with C. Bentley (all Weil) S. Kafiti, D. Evans, H. Loiseau (all
KServicing) T. Thoroddsen, A. Perrella (all AlixPartners) re: contract assumptions
and rejections
Review contract assumption schedule prior to call with Weil and KS legal team

HOURS
0.3
0.5
0.1
0.1
0.1
0.1
0.1
0.3
2.4
0.1
0.1
0.2
0.1
0.1
0.1
0.1
0.1
0.1
0.8
0.1
0.1
0.1
0.4
0.1
0.4
0.1
0.9
0.9
0.9
0.7


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 48 of 66

Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309

Re:
Code:

Executory Contracts
20006554P00002.1.14

DATE
01/24/2023

PROFESSIONAL
TBT

01/24/2023

TBT

01/25/2023
01/25/2023
01/25/2023

AP
TBT
TBT

01/26/2023
01/26/2023
01/26/2023

TBT
TBT
TBT

01/26/2023
01/26/2023
01/26/2023

TBT
TBT
TBT

01/26/2023

TBT

01/27/2023

TBT

01/27/2023
01/27/2023

TBT
TBT

01/27/2023
TBT
01/27/2023
TBT
01/30/2023
TBT
01/31/2023
TBT
Total Professional Hours

DESCRIPTION OF SERVICES
Update executory contract assumption work file to segregate contracts into
different categories
Update list of potential contracts for assumptions with estimated cures payments
and review statuses
Develop contract list data analysis
Send summary of contract review status to C. Bentley (Weil)
Update contract review status based upon call with KS legal team and C. Bentley
(Weil)
Attend call with C. Bentley (Weil) re: contract review for potential assumptions
Review correspondence from J. Kearney (KServicing) re: computer leases
Send correspondence to C. Bentley (Weil) and others re: status of contract review
for plan supplement
Send correspondence to J. Nelson (AlixPartners) re: status of contract review
Send correspondence to P. Greene (KServicing) re: collection agency contracts
Send correspondence to S. Kafiti (KServicing) re: TSA and some software
agreements
Update summary of contract review status for plan supplement for contract
assumptions
Review additional information from C. Grisham (KServicing) re: certain software
licenses
Review correspondence from C. Bentley (Weil) re: certain software contracts
Review correspondence from S. Kafiti (KServicing) re: review for certain software
license
Send correspondence to S. Kafiti (KServicing) re: certain equipment leases
Send updates to C. Bentley (Weil) re: certain software contracts
Review contracts listing versus accounts payable data
Review correspondence from C. Bentley (Weil) re: contract reviews

HOURS
2.2
1.8
1.6
0.3
2.3
0.6
0.1
0.2
0.1
0.1
0.1
2.3
0.1
0.1
0.1
0.1
0.1
0.5
0.3
23.5


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 49 of 66

Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309

Re:
Code:
PROFESSIONAL
Thora B Thoroddsen
Anthony Perrella
Total Professional Hours and Fees

Executory Contracts
20006554P00002.1.14
RATE
$950
$605

HOURS
21.0
2.5
23.5

$
$

FEES
19,950.00
1,512.50
21,462.50


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 50 of 66

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
01/03/2023
01/03/2023

PROFESSIONAL
TBT
TBT

01/03/2023

TBT

01/03/2023

TBT

01/03/2023

TBT

01/03/2023
01/03/2023

TBT
TBT

01/03/2023
01/03/2023
01/03/2023
01/03/2023

TBT
TBT
TBT
TBT

01/03/2023
01/03/2023
01/03/2023

TBT
TBT
TBT

01/04/2023
01/04/2023
01/04/2023
01/04/2023
01/04/2023
01/04/2023
01/04/2023

AP
TBT
TBT
TBT
TBT
TBT
TBT

01/04/2023
01/04/2023

TBT
TBT

01/04/2023

TBT

01/04/2023

TBT

01/04/2023

TBT

01/04/2023
01/04/2023
01/05/2023

TBT
TBT
DCR

01/05/2023

TBT

01/05/2023
01/05/2023

TBT
TBT

DESCRIPTION OF SERVICES
Analyze CIT's administrative claim as requested by L. Castillo (Weil)
Attend call with E. Ruocco, L. Castillo (all Weil) re: claims summary to share with
KS Management
Identify additional claims to be added to claims report to be shared with
management
Prepare additional analysis for certain admin claim for estimated pre- versus post
petition amounts outstanding
Reconcile updated claims objection chart from L. Castillo (Weil) to secured, admin
and priority claims
Review follow up questions from L. Castillo (Weil) re: admin and priority claims
Review updates from J. Mullaney (KServicing) re: pending borrower refunds
affecting claims
Send comments to L. Castillo (Weil) re: claims objection chart
Send correspondence to E. Ruocco, L. Castillo (both Weil) re: certain admin claim
Send correspondence to L. Castillo (Weil) re: additional claims for claims report
Send correspondence to P. Greene (KServicing) re: status of certain borrower
payments
Send follow up questions to D. Evans (KServicing) re: certain admin claims
Update claims analysis
Update claims objection chart to include loan number data for secured, admin and
priority claims for company to review status
Telephone call with T. Thoroddsen, A. Perrella (all AlixPartners) re: claims copies
Telephone call with T. Thoroddsen, A. Perrella (all AlixPartners) re: claims copies
Analyze equipment lease claims against company's inventory
Follow up telephone call with K. Steverson (Omni) re: borrower claims data
Review 2021 tax return to review estimated tax payments
Review comments from N. Hwangpo (Weil) re: claims objection chart
Review unredacted borrower claims to add PPP loan data into claims objection
chart
Review updated claims chart from L. Castillo (Weil)
Send correspondence to K. Steverson (Omni) re: claims missing PPP loan
information after reviewing unredacted copies
Send correspondence to K. Steverson (Omni) re: request for certain unredacted
borrower claims
Send correspondence to T. Bullet (Windham Brannon) re: California Franchise tax
payments
Send correspondence to T. Bullet (Windham Brannon) re: Power of Attorney for
California Franchise Tax Board
Telephone call with K. Steverson (Omni) re: claim copies
Update claims objection chart with additional PPP loan information
Attend call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners)
re: professional fees and claims process and objections
Attend call with D. Rieger-Paganis, T. Thoroddsen, A. Perrella (all AlixPartners)
re: professional fees and claims process and objections
Prepare proposed correspondence to certain admin and secured claimants
Review response from K. Steverson (Omni) re: bar date notice

HOURS
0.6
0.8
0.5
0.5
0.8
0.2
0.1
0.1
0.1
0.2
0.1
0.1
1.3
0.5
0.1
0.1
1.6
0.1
0.3
0.3
0.6
0.8
0.2
0.2
0.1
0.1
0.2
0.5
0.3
0.3
0.5
0.1


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 51 of 66

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
01/05/2023
01/05/2023

PROFESSIONAL
TBT
TBT

01/05/2023
01/06/2023
01/06/2023
01/06/2023
01/06/2023

TBT
AP
JN
TBT
TBT

01/06/2023

TBT

01/06/2023
01/06/2023
01/06/2023

TBT
TBT
TBT

01/06/2023

TBT

01/06/2023
01/06/2023

TBT
TBT

01/06/2023

TBT

01/06/2023

TBT

01/06/2023
01/09/2023
01/09/2023
01/09/2023

TBT
TBT
TBT
TBT

01/09/2023

TBT

01/09/2023

TBT

01/09/2023

TBT

01/10/2023
01/10/2023
01/10/2023

TBT
TBT
TBT

01/10/2023
01/10/2023
01/10/2023

TBT
TBT
TBT

01/10/2023
01/11/2023

TBT
AP

DESCRIPTION OF SERVICES
Send correspondence to K. Steverson (Omni) re: certain admin claims
Send correspondence to L. Castillo, E. Ruocco (both Weil) re: certain proposed
correspondence with certain claimant
Telephone call with K. Steverson (Omni) re: claims
Review uploaded claims to database to be shared with company
Review draft of claims objection declaration
Finalize correspondence to certain claimant for additional information
Review Debtor's objection to the motion of the Juneau Group for allowance of
administrative expense claim
Review draft declaration in support of Debtors' objection to the Motion of Juneau
Group for allowance of administrative expense claim
Review new claims filed
Review response from J. Nelson (AlixPartners) re: declaration
Review tax claims for potential payments for cash flow as requested by N.
LoBiondo (AlixPartners)
Send correspondence to E. Ruocco, L. Castillo (both Weil) re: claims objection
timing
Send correspondence to J. Nelson (AlixPartners) re: declaration
Send correspondence to K. Steverson (Omni) re: loan data required for certain new
claims
Send correspondence to L. Castillo, E. Ruocco (both Weil) re: comments to
declaration in support of Debtors' objection to Juneau's administrative claim
Send correspondence to T. Williams (KServicing) re: proof of payment for certain
tax claim
Update claims analysis with additional claims filed
Follow up with K. Steverson (Omni) re: certain borrower information
Review claim filed by Pennsylvania re: 2021 tax payment
Review KServicing Claims summary Objection chart as requested by L. Castillo
(Weil)
Send correspondence to L. Castillo (Weil) re: claims summary chart prior to
sharing with Fed
Send correspondence to L. Francois (KServicing) re: copies of invoices for certain
admin claim
Send correspondence to S. Moss, S. Kafiti (both KServicing) re: understanding of
certain equipment leases
Attend call with E. Ruocco, L. Castillo (all Weil ) re: omnibus objection exhibits
Prepare summary for potential resolution of certain claims
Review correspondence from J. Mullaney (KServicing) re: payments for
Pennsylvania tax
Review correspondence from L. Castillo (Weil) re: omnibus objection schedules
Review correspondence from L. Castillo (Weil) re: schedules for omnibus
Send computer analysis to J. Kearney (KServicing) for additional review of
inventory
Send correspondence to J. Kearney (KServicing) re: certain equipment related
Working session with T. Thoroddsen, A. Perrella (all AlixPartners) to review
omnibus objection templates

HOURS
0.1
0.1
0.1
0.8
0.4
0.3
0.5
0.6
0.5
0.1
0.3
0.1
0.1
0.1
0.1
0.1
0.4
0.1
0.1
1.3
0.2
0.1
0.1
0.5
0.3
0.1
0.5
0.3
0.2
0.2
0.4


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 52 of 66

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
01/11/2023
01/11/2023

PROFESSIONAL
AP
TBT

01/11/2023
01/11/2023

TBT
TBT

01/11/2023
01/11/2023
01/12/2023

TBT
TBT
AP

01/12/2023
01/12/2023
01/12/2023

AP
AP
TBT

01/12/2023

TBT

01/12/2023

TBT

01/12/2023

TBT

01/12/2023
01/12/2023
01/13/2023
01/13/2023
01/13/2023
01/16/2023
01/17/2023

TBT
TBT
TBT
TBT
TBT
TBT
AP

01/17/2023

AP

01/17/2023
01/17/2023
01/17/2023
01/17/2023
01/17/2023

AP
TBT
TBT
TBT
TBT

01/17/2023

TBT

01/17/2023

TBT

01/17/2023
01/17/2023
01/17/2023
01/17/2023
01/17/2023

TBT
TBT
TBT
TBT
TBT

DESCRIPTION OF SERVICES
Develop claims objection schedules
Working session with T. Thoroddsen, A. Perrella (all AlixPartners) to review
omnibus objection templates
Prepare analysis of all claims subject to potential objections
Review claims analysis to identify claim and format for misclassified claims
objection exhibit
Review correspondence from L. Castillo (Weil) re: omnibus objections
Review response from J. Kearney (KServicing) re: computer equipment
Telephone call with T. Thoroddsen, A. Perrella (all AlixPartners) re: claims
omnibus exhibits
Develop claims objection schedules
Review claims objection schedules based on updated descriptions from Weil
Telephone call with T. Thoroddsen, A. Perrella (all AlixPartners) re: claims
omnibus exhibits
Prepare claim template to be used to generate omnibus objection exhibits for
amended claims
Prepare claim template to be used to generate omnibus objection exhibits for
duplicate claims
Prepare claim template to be used to generate omnibus objection exhibits for no
liability claims
Respond to L. Castillo (Weil) re: backup for certain borrower claim
Send correspondence to K. Steverson (Omni) re: backup for certain claim
Telephone call with K. Steverson (Omni) re: updated claims report
Update claims analysis for director's and officer's claims filed
Update claims tracking for various no liability claims
Respond to L. Castillo (Weil) re: omnibus objection schedules
Attend call with E. Ruocco, L. Castillo (all Weil) T. Thoroddsen, A. Perrella (all
AlixPartners) re: omnibus objection exhibits
Working session with T. Thoroddsen, A. Perrella (all AlixPartners) to review
omnibus objection schedules
Update claims objections schedules based on comments from Weil
Prepare Schedule 1 for Misclassified Priority Claims
Prepare Schedule 2 for Misclassified Administrative Claims
Prepare Schedule 3 for Misclassified Secured Claims
Review Debtors' First Omnibus Objection (Substantive) to certain misclassified
claims
Working session with T. Thoroddsen, A. Perrella (all AlixPartners) to review
omnibus objection schedules
Attend call with E. Ruocco, L. Castillo (all Weil) T. Thoroddsen, A. Perrella (all
AlixPartners) re: omnibus objection exhibits
Revise Schedule 1 for misclassified priority claims
Revise Schedule 2 for administrative priority claims
Revise Schedule 3 for misclassified secured claims
Send correspondence to K. Steverson (Omni) re: claims register
Send draft omnibus objection schedules to E. Ruocco, L. Castillo (both Weil) for
their review and comments

HOURS
0.6
0.4
1.3
1.1
0.1
0.2
0.1
2.2
0.6
0.1
0.5
0.5
0.6
0.1
0.1
0.1
0.4
0.4
0.1
0.5
0.2
1.6
1.3
1.1
0.8
0.6
0.2
0.5
0.3
0.3
0.3
0.1
0.1


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 53 of 66

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
01/17/2023
01/17/2023
01/18/2023

PROFESSIONAL
TBT
TBT
TBT

01/18/2023
01/18/2023
01/18/2023

TBT
TBT
TBT

01/18/2023

TBT

01/18/2023
01/18/2023
01/19/2023

TBT
TBT
TBT

01/19/2023
01/19/2023
01/19/2023
01/19/2023
01/20/2023

TBT
TBT
TBT
TBT
AP

01/20/2023

DCR

01/20/2023

JN

01/20/2023

TBT

01/20/2023

TBT

01/20/2023

TBT

01/20/2023
01/20/2023
01/20/2023

TBT
TBT
TBT

01/23/2023
01/23/2023
01/23/2023
01/23/2023
01/24/2023
01/24/2023

TBT
TBT
TBT
TBT
TBT
TBT

01/24/2023
01/24/2023

TBT
TBT

DESCRIPTION OF SERVICES
Telephone call with K. Steverson (Omni) re: claims registers
Update claims status tracking with proposed omnibus objections
Attend call with K. Steverson (Omni) L. Castillo (Weil)re: omnibus objection
exhibits and claims register
Follow up with L. Francois (KServicing) re: invoice copies for certain admin
Send certain borrower claims to S. Haliburton (KServicing) to confirm refund
Send correspondence to D. Evans (KServicing) re: certain admin claim to be
reviewed
Send correspondence to L. Castillo (Weil), K. Steverson (Omni) re: draft omnibus
objection exhibits
Telephone call with K. Steverson (Omni) re: claims register
Update draft omnibus objection exhibits
Attend call with J. Mullaney, S. Haliburton (all KServicing) re: borrower refunds
and loan forgiveness status
Follow up with S. Haliburton (KServicing) re: borrower refund
Review comments from L. Castillo (Weil) re: omnibus schedules
Review correspondence from D. Saddler (KServicing) re: PA tax payment
Review proposed revision to omnibus objection schedules from L. Castillo (Weil)
Working session with T. Thoroddsen, A. Perrella (all AlixPartners) re: revisions to
omnibus objection schedules
Attend call with Z. Shapiro (RLF) N. Hwangpo, C. Bentley, E. Ruocco (all Weil)
D. Rieger-Paganis, J. Nelson, T. Thoroddsen (all AlixPartners) re: transfer process,
cash collateral budget, cost per loan analysis and legacy loan portfolio
Attend call with Z. Shapiro (RLF) N. Hwangpo, C. Bentley, E. Ruocco (all Weil)
D. Rieger-Paganis, J. Nelson, T. Thoroddsen (all AlixPartners) re: transfer process,
cash collateral budget, cost per loan analysis and legacy loan portfolio
Attend call with Z. Shapiro (RLF) N. Hwangpo, C. Bentley, E. Ruocco (all Weil)
D. Rieger-Paganis, J. Nelson, T. Thoroddsen (all AlixPartners) re: transfer process,
cash collateral budget, cost per loan analysis and legacy loan portfolio
Working session with T. Thoroddsen, A. Perrella (all AlixPartners) re: revisions to
omnibus objection schedules
Review correspondence from T. Bullet (Windham Brannon) re: California
Franchise Tax claim
Review revised omnibus objection schedules
Revise omnibus objection schedules
Send correspondence to L. Castillo, E. Ruocco (both Weil) re: revised omnibus
objection schedules
Respond to H. Loiseau (KServicing) re: next omnibus objection open items list
Review correspondence from H. Loiseau (KServicing) re: next week's priority list
Send updated claims chart to L. Castillo (Weil)
Update claims chart for priority open tasks for KServicing group
Review additional comments from S. Kafiti (KServicing) re: reclassify objections
Review additional responses from L. Castillo (Weil) to S. Kafiti's (KServicing)
questions/comments
Review correspondence from L. Castillo (Weil) re: reclassify objection
Review updates from L. Castillo (Weil) re: next omnibus objections

HOURS
0.3
0.8
0.4
0.1
0.2
0.1
0.1
0.2
1.1
0.3
0.1
0.1
0.1
0.1
0.3
0.5
0.5
0.5
0.3
0.1
0.4
0.7
0.1
0.1
0.1
0.1
1.2
0.1
0.2
0.2
0.1


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 54 of 66

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
01/24/2023

PROFESSIONAL
TBT

01/24/2023

TBT

01/24/2023

TBT

01/24/2023
01/25/2023

TBT
AP

01/25/2023
01/25/2023

JN
TBT

01/25/2023

TBT

01/25/2023
01/25/2023
01/25/2023

TBT
TBT
TBT

01/25/2023

TBT

01/25/2023
01/25/2023

TBT
TBT

01/25/2023
01/25/2023
01/25/2023

TBT
TBT
TBT

01/26/2023

DCR

01/26/2023

JN

01/26/2023
01/27/2023

TBT
AP

01/27/2023

TBT

01/27/2023
01/27/2023
01/27/2023
01/27/2023

TBT
TBT
TBT
TBT

01/27/2023
01/27/2023
01/27/2023

TBT
TBT
TBT

DESCRIPTION OF SERVICES
Send additional backup to S. Kafiti (KServicing) in response to his comments to
reclassification objection draft
Send additional information to KS legal and finance team to review certain admin
claim
Send correspondence to T. Williams (KServicing) re: payment of pre-petition taxes
to IRS to satisfy priority claim
Send follow up questions to L. Castillo (Weil) re: next omnibus objections
Working session with T. Thoroddsen, A. Perrella (all AlixPartners) re: secured,
priority and admin claims
Review draft claims objections
Working session with T. Thoroddsen, A. Perrella (all AlixPartners) re: secured,
priority and admin claims
Attend call with E. Ruocco, L. Castillo (all Weil) re: 1st omnibus objections and
declaration
Respond to L. Castillo (Weil) re: certain borrower claim
Review declaration for 1st omnibus objection and schedules
Send additional backup to S. Moss (KServicing) to research certain PPP borrower
information
Send correspondence to E. Ruocco, L. Castillo (both Weil) re: certain insurance
payment
Send correspondence to K. Steverson (Omni) re: certain borrower information
Send correspondence to L. Castillo, E. Ruocco (both Weil) re: additional claims to
be added to 1st omnibus misclassification objection
Telephone call with K. Steverson (Omni) re: certain borrower claims
Telephone call with S. Moss (KServicing) re: review for next omnibus objection
Telephone call with T. Williams, S. Haliburton (all KServicing) re: data request for
reclassification objections
Attend Board call with D. Kurzweil (Greenberg) L. Milner, H. Loiseau, S. Kafiti,
E. Hartz, R. Gregg, L. Taylor (all KServicing) C. Arthur, N. Hwangpo, C. Bentley
(all Weil) D. Rieger-Paganis, J. Nelson (both AlixPartners) re: case updates
Attend Board call with D. Kurzweil (Greenberg) L. Milner, H. Loiseau, S. Kafiti,
E. Hartz, R. Gregg, L. Taylor (all KServicing) C. Arthur, N. Hwangpo, C. Bentley
(all Weil) D. Rieger-Paganis, J. Nelson (both AlixPartners) re: case updates
Telephone call with K. Steverson (Omni) re: new claims filed
Working session with T. Thoroddsen, A. Perrella (all AlixPartners)to review
available PPP loan data for filed PPP claims
Working session with T. Thoroddsen, A. Perrella (all AlixPartners)to review
available PPP loan data for filed PPP claims
Final review of 1st omnibus objections, including declaration and exhibits
Review response from S. Kafiti (KServicing) re: certain equipment claim
Send correspondence to C. Arthur, C. Bentley (both Weil) re: certain claim data
Send correspondence to L. Castillo, E. Ruocco (both Weil) re: 1st omnibus
objections
Summarize PPP claims with available loan numbers
Telephone call with L. Castillo (Weil) discussion 1st omnibus objections
Update claims analysis based on latest information from Omni

HOURS
0.2
0.3
0.2
0.1
0.3
0.6
0.3
0.5
0.1
1.3
0.1
0.1
0.1
0.1
0.2
0.3
0.6
0.8
0.8
0.1
0.3
0.3
1.8
0.1
0.2
0.1
0.3
0.1
1.3


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 55 of 66

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
01/30/2023

PROFESSIONAL
AP

01/30/2023
01/30/2023

AP
TBT

01/30/2023
01/30/2023
01/30/2023
01/30/2023
01/31/2023

TBT
TBT
TBT
TBT
AP

01/31/2023
01/31/2023

AP
TBT

01/31/2023
01/31/2023
01/31/2023
01/31/2023
01/31/2023

TBT
TBT
TBT
TBT
TBT

01/31/2023

TBT

01/31/2023
TBT
01/31/2023
TBT
01/31/2023
TBT
01/31/2023
TBT
Total Professional Hours

DESCRIPTION OF SERVICES
Call with T. Thoroddsen, A. Perrella (all AlixPartners) re: borrower claims and
tracking loan statuses
Update loan data by claimant analysis
Call with T. Thoroddsen, A. Perrella (all AlixPartners) re: borrower claims and
tracking loan statuses
Research out to L. Messina (CIT ) re: filed claim
Review borrower claims and loan status analysis done by A. Perrella (AlixPartners)
Review updated borrower claims data versus loan statuses
Update claims tracking with withdrawn claims
Working session with T. Thoroddsen, A. Perrella (all AlixPartners) to review
statuses of borrower claims
Update loan data by claimant analysis
Working session with T. Thoroddsen, A. Perrella (all AlixPartners) to review
statuses of borrower claims
Analyze CRB claim as requested by S. Kafiti (KServicing)
Respond to D. Saddler (KServicing) re: backup for IRS claims payment
Review borrower claims analysis with current statuses
Review correspondence from L. Castillo (Weil) re: certain litigation claims
Review correspondence from L. Castillo (Weil) re: claims chart for objections for
voting purposes
Review updated claims register from K. Steverson (Omni) reflect recently filed
objections
Send correspondence to L. Castillo (Weil) re: claims statuses for voting purposes
Send correspondence to S. Kafiti (KServicing) re: analysis of CRB claim
Send correspondence to S. Moss (KServicing) re: certain borrower claims
Send follow up information to A. Perrella (KServicing) to research certain claims

HOURS
0.2
1.8
0.2
0.1
0.5
0.5
0.4
0.2
1.4
0.2
0.4
0.1
0.5
0.3
0.5
0.2
0.1
0.2
0.1
0.1
67.9


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 56 of 66

Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309

Re:
Code:
PROFESSIONAL
Deborah Rieger-Paganis
James Nelson
Thora B Thoroddsen
Anthony Perrella
Total Professional Hours and Fees

Claims Process / Avoidance Actions
20006554P00002.1.15
RATE
$1,220
$1,020
$950
$605

HOURS
1.6
2.3
52.4
11.6
67.9

$

$

FEES
1,952.00
2,346.00
49,780.00
7,018.00
61,096.00


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 57 of 66

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
01/04/2023

PROFESSIONAL
DCR

01/04/2023

JN

01/04/2023

JN

01/05/2023
JN
01/27/2023
DCR
01/30/2023
JN
Total Professional Hours

DESCRIPTION OF SERVICES
Attend call with C. Arthur, N. Hwangpo, C. Bentley, R. Slack, T. Tsekerides, C.
Bonk. J. Ollestad (all Weil) D. Rieger-Paganis, J. Nelson (all AlixPartners) re:
CUBI dispute
Attend call with C. Arthur, N. Hwangpo, C. Bentley, R. Slack, T. Tsekerides, C.
Bonk. J. Ollestad (all Weil) D. Rieger-Paganis, J. Nelson (all AlixPartners) re:
CUBI dispute
Attend call with N. Hwangpo, C. Bentley, E. Ruocco (all Weil) Z. Shapiro (all
RLF) re: CUBI dispute, claims, and contracts
Review CUBI motion stipulation and order
Review CUBI correspondence.
Review draft response letters to partner bank transition requests

HOURS
0.8
0.8
0.2
0.4
0.8
0.3
3.3


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 58 of 66

Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309

Re:
Code:
PROFESSIONAL
Deborah Rieger-Paganis
James Nelson
Total Professional Hours and Fees

Adversary Proceedings & Contested Matters
20006554P00002.1.16
RATE
$1,220
$1,020

HOURS
1.6
1.7
3.3

$
$

FEES
1,952.00
1,734.00
3,686.00


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 59 of 66

Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309

Re:
Code:

Preparation & Attend Court Hearing
20006554P00002.1.17

DATE
01/17/2023

PROFESSIONAL
JN

01/18/2023

JN

01/19/2023
DCR
01/19/2023
JN
01/19/2023
TBT
Total Professional Hours

DESCRIPTION OF SERVICES
Review Plan and Disclosure Statement, along with supporting analysis, in
preparation for court hearing
Review Plan and Disclosure Statement, along with supporting analysis, in
preparation for court hearing
Attend Plan and Disclosure Statement court hearing
Attend Plan and Disclosure Statement court hearing
Listen to Disclosure Statement Hearing

HOURS
1.8
1.4
1.0
1.0
0.9
6.1


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 60 of 66

Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309

Re:
Code:
PROFESSIONAL
Deborah Rieger-Paganis
James Nelson
Thora B Thoroddsen
Total Professional Hours and Fees

Preparation & Attend Court Hearing
20006554P00002.1.17
RATE
$1,220
$1,020
$950

HOURS
1.0
4.2
0.9
6.1

$

$

FEES
1,220.00
4,284.00
855.00
6,359.00


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 61 of 66

Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309

Re:
Code:

Fee Applications & Fee Applications
20006554P00002.1.20

DATE
01/07/2023
01/08/2023
01/15/2023
01/17/2023
01/18/2023
01/18/2023
01/19/2023
01/19/2023

PROFESSIONAL
LMB
LMB
LMB
LMB
AP
LMB
JN
LMB

01/19/2023
01/20/2023
01/23/2023
01/23/2023

LMB
JN
HES
LMB

01/23/2023

LMB

01/23/2023
01/24/2023
01/24/2023
01/24/2023

LMB
JN
LMB
LMB

01/24/2023
LMB
01/24/2023
LMB
01/25/2023
LMB
Total Professional Hours

DESCRIPTION OF SERVICES
Prepare professional fees for Third Monthly Fee Application (December 2022)
Prepare professional fees for Third Monthly Fee Application (December 2022)
Prepare professional fees for 3rd Monthly Fee Application (December 2022)
Prepare professional fees for December 2022 monthly fee statement
Prepare professional fees for December 2022 monthly fee application
Continue to prepare professional fees for December 20022 monthly fee application
Review draft Third Monthly Fee Application (December 2022)
Prepare schedule/exhibit workbook for Third Monthly Fee Application (December
2022)
Prepare Third Monthly Fee Application (December 2022)
Review draft Third Monthly Fee Application (December 2022)
Review Third Monthly Fee Application (December 2022)
Continue preparation of Third Monthly Fee Application, supporting schedules and
exhibits
Revise Third Monthly Fee Application, supporting schedules and exhibits
(December 2022)
Update fee application status chart
Review Third Monthly Fee Application (December 2022)
Update fee application status chart
Email to N. Hwangpo (Weil) attaching Third Monthly Fee Application (December
2022)
Finalize Third Monthly Fee Application (December 2022)
Prepare draft of First Interim Fee Application
Prepare schedule workbook for First Interim Fee Application

HOURS
2.4
2.6
2.2
2.0
1.8
0.8
0.6
0.8
1.2
1.2
0.2
1.0
0.8
0.2
0.7
0.2
0.2
0.4
1.5
1.2
22.0


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 62 of 66

Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309

Re:
Code:
PROFESSIONAL
James Nelson
Heather E Saydah
Anthony Perrella
Lisa Marie Bonito
Total Professional Hours and Fees

Fee Applications & Fee Applications
20006554P00002.1.20
RATE
$1,020
$550
$605
$500

HOURS
2.5
0.2
1.8
17.5
22.0

$

$

FEES
2,550.00
110.00
1,089.00
8,750.00
12,499.00


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 63 of 66

Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309

Re:
Code:

Loan Transfer Activities
20006554P00002.1.21

DATE
01/03/2023
01/09/2023
01/18/2023

PROFESSIONAL
JN
JN
JN

01/18/2023

TBT

01/25/2023

JN

01/26/2023

JN

01/26/2023
01/26/2023

JN
JMK

01/26/2023

TBT

01/27/2023
01/27/2023
01/27/2023
01/30/2023

JN
TBT
TBT
DCR

01/30/2023

JN

01/30/2023

JN

01/30/2023
01/30/2023
01/30/2023
01/30/2023

JN
JN
JN
NL

01/30/2023

TBT

01/30/2023

TBT

01/30/2023
TBT
01/30/2023
TBT
01/30/2023
TBT
01/31/2023
JN
01/31/2023
TBT
Total Professional Hours

DESCRIPTION OF SERVICES
Attend call with C. Bentley (Weil) re: loan transfer activities
Conduct research on IT data schematic for data transfer
Attend call with C. Bentley (Weil) J. Nelson, T. Thoroddsen (all AlixPartners) re:
transfer mechanics, KS Direct PPP and Legacy Loans
Attend call with C. Bentley (Weil) J. Nelson, T. Thoroddsen (all AlixPartners) re:
transfer mechanics, KS Direct PPP and Legacy Loans
Review data migration information template in preparation for transition planning
meeting
Attend call with C. Arthur, C. Bentley, N. Hwangpo(all Weil) S. Kafiti, D. Evans
(all KServicing) J. Nelson, T. Thoroddsen, J. Katsigeorgis (all AlixPartners) re:
loan transfer process
Attend call with M. Kennedy (Chilmark) re: loan transition update
Attend call with C. Arthur, C. Bentley, N. Hwangpo(all Weil) S. Kafiti, D. Evans
(all KServicing) J. Nelson, T. Thoroddsen, J. Katsigeorgis (all AlixPartners) re:
loan transfer process
Attend call with C. Arthur, C. Bentley, N. Hwangpo(all Weil) S. Kafiti, D. Evans
(all KServicing) J. Nelson, T. Thoroddsen, J. Katsigeorgis (all AlixPartners) re:
loan transfer process
Review correspondence regarding CUBI transition and payment reconciliation
Review correspondence from C. Arthur (Weil) re: CUBI transition plan
Review correspondence from S. Kafiti (KServicing) re: CUBI transition plan
Attend standing check-in call with L. Milner, S. Kafiti, D. Evans (all KServicing)
C. Arthur, N. Hwangpo, C. Bentley (all Weil) D. Rieger-Paganis, J. Nelson, T.
Thoroddsen (all AlixPartners) re: loan processing and loan transferring process
Attend call with J. Nelson, N. LoBiondo (all AlixPartners)re: cost-per-loan updates
and loan transition cost analysis
Attend standing check-in call with L. Milner, S. Kafiti, D. Evans (all KServicing)
C. Arthur, N. Hwangpo, C. Bentley (all Weil) D. Rieger-Paganis, J. Nelson, T.
Thoroddsen (all AlixPartners) re: loan processing and loan transferring process
Attend call with D. Evans (KServicing) re: loan transition cost estimate
Review draft loan transition activities schedule
Review draft loan transition cost analysis
Attend call with J. Nelson, N. LoBiondo (all AlixPartners)re: cost-per-loan updates
and loan transition cost analysis
Attend standing check-in call with L. Milner, S. Kafiti, D. Evans (all KServicing)
C. Arthur, N. Hwangpo, C. Bentley (all Weil) D. Rieger-Paganis, J. Nelson, T.
Thoroddsen (all AlixPartners) re: loan processing and loan transferring process
Review correspondence from C. Arthur (Weil) re: draft letter to CUBI regarding
loan transitioning
Review correspondence from D. Evans (KServicing) re: Day to Day transition draft
Review correspondence from S. Kafiti (KServicing) re: CUBI transfer plan
Review updated loan servicing day-to-day transition from D. Evans (KServicing)
Review partner bank transition request details
Review response from S. Kafiti (KServicing) re: CUBI transition plan

HOURS
0.2
1.4
0.2
0.2
0.7
1.1
0.3
1.1
1.1
0.6
0.1
0.1
1.0
0.3
1.0
0.4
0.6
0.4
0.3
1.0
0.1
0.1
0.1
0.5
0.4
0.1
13.4


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 64 of 66

Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309

Re:
Code:
PROFESSIONAL
Deborah Rieger-Paganis
James Nelson
Thora B Thoroddsen
John M Katsigeorgis
Nicholas LoBiondo
Total Professional Hours and Fees

Loan Transfer Activities
20006554P00002.1.21
RATE
$1,220
$1,020
$950
$860
$605

HOURS
1.0
7.6
3.4
1.1
0.3
13.4

$

$

FEES
1,220.00
7,752.00
3,230.00
946.00
181.50
13,329.50


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 65 of 66

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
PROFESSIONAL
01/18/2023
JN
01/19/2023
JN
Total Professional Hours

DESCRIPTION OF SERVICES
Travel from Boston to Wilmington for court hearing
Travel from Wilmington to Boston for court hearing

HOURS
3.5
3.5
7.0


Case 22-10951-CTG

Doc 601-2

Filed 03/03/23

Page 66 of 66

Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309

Re:
Code:
PROFESSIONAL
James Nelson
Total Professional Hours and Fees
Less 50% Travel
Total Professional Fees

Travel Time
20006554P00002.1.31
RATE
$1,020

HOURS
7.0

$

7.0

$
$

FEES
7,140.00
7,140.00
(3,570.00)
3,570.00

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