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In re Kabbage (KServicing) — Jones Day Invoice for February 2023 (Exhibit A to Fee Application)

Date
2023-03-29

Summary

Exhibit A, filed March 29, 2023 as Doc 740-2 in Case 22-10951-CTG, is a Jones Day invoice dated March 22, 2023 to KServicing Corporation for legal services rendered through February 28, 2023. The invoice reports 15.30 hours and Total Fees of USD 15,840.00 across four matters: Case Administration, Department of Justice Investigations, Professional Retention/Fee Issues and Fee Application Preparation. It lists disbursements of USD 23,525.02 for consultants and agents fees and hosting charges, for a total of USD 39,365.02. A timekeeper summary gives hours and rates for two partners, an associate and a paralegal, and the fee detail describes daily entries such as docket review, correspondence about DOJ settlement discussions and preparation of fee applications.

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Full text

Case 22-10951-CTG   Doc 740-2   Filed 03/29/23   Page 1 of 5




                       Exhibit A
             Case 22-10951-CTG         Doc 740-2       Filed 03/29/23      Page 2 of 5


                                         JONES DAY
                                             Atlanta Office
                                       1221 Peachtree Street, NE
                                                Suite 400
                                          Atlanta, GA 30361
                                             (404) 521-3939
                              Federal Identification Number: 34-0319085


March 22, 2023                                                                               102496
                                                                                 Invoice: 231601203
KServicing Corporation
925B Peachtree Street NE
Suite 1688
Atlanta, GA 30309
United States of America

For legal services rendered for the period through February 28, 2023:


                                                                 Hours                     Amount


Case Administration                                                 0.80                     380.00
Department of Justice Investigations                                1.80                   2,250.00
Professional Retention/Fee Issues                                   3.40                   4,080.00
Fee Application Preparation                                         9.30                   9,130.00

Total Fees                                                        15.30 USD               15,840.00

                                Disbursement & Charges Summary

Consultants and Agents Fees                                   6,641.25
Hosting Charges                                              16,883.77

                                                                           USD            23,525.02
TOTAL                                                                      USD            39,365.02




                                        Please remit payment to:
                        PLEASE REFERENCE 102496/231601203 WITH YOUR PAYMENT
               Case 22-10951-CTG        Doc 740-2     Filed 03/29/23   Page 3 of 5

                                         JONES DAY
102496                                                                                   Page: 2
                                                                                March 22, 2023
KServicing Corporation                                                       Invoice: 231601203


                        Timekeeper/Fee Earner Summary – February 28, 2023

Timekeeper/Fee Earner                          Bar
Name                        Title              Year         Hours           Rate          Amount

 A E Lelling                Partner            1996          1.40       1,400.00          1,960.00
 D J Merrett                Partner            2007          9.90       1,200.00         11,880.00

Total                                                       11.30                        13,840.00

 B N Wilhelm                Associate          2017          0.40        725.00             290.00

Total                                                         0.40                          290.00

 C L Smith                  Paralegal                        3.60        475.00           1,710.00

Total                                                         3.60                        1,710.00


Total                                                        15.30          USD          15,840.00
              Case 22-10951-CTG              Doc 740-2        Filed 03/29/23         Page 4 of 5

                                                JONES DAY
102496                                                                                                  Page: 3
                                                                                               March 22, 2023
KServicing Corporation                                                                      Invoice: 231601203


                                                   Fee Detail

Date of Service          Timekeeper/Fee Earner Name                      Hours                            Amount

Case Administration

02/06/23                C L Smith                                            0.20                             95.00
        Review and distribute docket (.10); obtain recently-filed documents and update electronic file management
        system with same (.10).

02/13/23                C L Smith                                            0.20                             95.00
        Review and distribute docket (.10); obtain recently-filed documents and update electronic file management
        system with same (.10).

02/21/23                C L Smith                                            0.20                             95.00
        Review and distribute docket (.10); obtain recently filed documents and update electronic file management
        system with same (.10).

02/27/23                C L Smith                                            0.20                             95.00
        Review and distribute docket (.10); obtain recently filed documents and update electronic file management
        system with same (.10).

                         Matter Total                                      0.80            USD              380.00


Department of Justice Investigations

02/08/23               A E Lelling                                     0.50                                 700.00
        Correspondence with Wilhelm and Hall about DOJ settlement offer (.20); review of prior
        correspondence on DOJ settlements (.30).

02/09/23                B N Wilhelm                                        0.40                             290.00
        Call with Arthur, Hwangpo, and Bentley (Weil) regarding updates in Department of Justice settlement
        discussions.

02/27/23                A E Lelling                                         0.90                          1,260.00
        Prepare for conference call with Wilhelm, Hall, Kelkar and Loiseau (KServicing) concerning production of
        Kabbage email in government investigation (.40); conference call with Wilhelm, Hall, Kelkar and Loiseau
        concerning production of Kabbage email in government investigation (.30); follow up communications with
        Wilhelm concerning approach to searching for email (.20).

                         Matter Total                                       1.80           USD            2,250.00


Professional Retention/Fee Issues

02/03/23                 D J Merrett                                        1.60                           1,920.00
        Communicate with Lelling regarding budget requests from debtor (.30); communicate with Wilhelm
        regarding same (.20); communicate with Katsigeorgis (Alix) regarding same (.30); review and analyze fee
        applications in connection with same (.80).

02/13/23                 D J Merrett                                       1.30                            1,560.00
        Draft and revise budget and staffing plan (1.10); communicate with Katsigeorgis regarding same (.20).
              Case 22-10951-CTG                Doc 740-2          Filed 03/29/23         Page 5 of 5

                                                  JONES DAY
102496                                                                                                       Page: 4
                                                                                                    March 22, 2023
KServicing Corporation                                                                           Invoice: 231601203


Date of Service           Timekeeper/Fee Earner Name                         Hours                              Amount

02/17/23             D J Merrett                                         0.50                              600.00
        Communicate with Clay regarding February fees (.30); communicate with Katsigeorgis (Alix) regarding same
        (.20).

                          Matter Total                                         3.40             USD             4,080.00


Fee Application Preparation

02/01/23             D J Merrett                                             0.40                                 480.00
        Communicate with Lelling (.20), Katsigeorgis (Alix) (.20) regarding fee budgeting issues.

02/02/23               D J Merrett                                          0.70                                  840.00
        Review and analyze January invoice in response to budget inquiry from Katsigeorgis (Alix) (.40);
        communicate with Lelling regarding same (.30).

02/06/23                D J Merrett                                           0.40                            480.00
        Communicate with Perrella (Alix) regarding final budget for first interim fee period (.20); communicate with
        Smith regarding first interim fee application (.20).

02/06/23                 C L Smith                                             1.70                               807.50
        Revise Jones Day first interim fee application (.10); draft email to Merrett (JD) regarding same (.10); call with
        Merrett regarding Jones Day first interim fee application (.10); further draft and revise same (1.30); draft
        email to Merrett regarding same (.10).

02/09/23                 D J Merrett                                          0.50                         600.00
        Communicate with Clay regarding first interim fee application (.20); communicate with Katsigeorgis
        (Alix) regarding discovery vendor (.10); review fee applications in connection with same (.20).

02/10/23                D J Merrett                                          1.50                            1,800.00
        Review and revise first interim fee application (1.10); communicate with Clay (.20), McMillan (Weil) (.20)
        regarding same.

02/13/23                D J Merrett                                        0.70                                   840.00
        Review and revise January fee application (.50); communicate with Clay regarding same (.20).

02/16/23               D J Merrett                                         0.90                                 1,080.00
        Review and analyze January invoice (.80); communicate with Clay regarding same (.10).

02/16/23                 C L Smith                                             0.80                    380.00
        Communications with Merrett regarding Jones Day fourth monthly fee application and comments to
        January invoice (.20); draft and fourth monthly fee application (.60).

02/17/23                C L Smith                                          0.30                                142.50
        Review information from Clay for fourth monthly fee application (.10); revise same (.10); draft email to
        Merrett regarding same (.10).

02/28/23                 D J Merrett                                      1.40                            1,680.00
        Review and revise January monthly fee application (1.10); communicate with Smith (.10), McMillan (Weil)
        (.20) regarding same.

                          Matter Total                                         9.30             USD             9,130.00


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