plans and SBA settlement status

Summary

Exhibit A, Description of AlixPartners' Hours and Fees by Matter Category, filed March 29, 2023 as Doc 736-2 in Case 22-10951-CTG, the Chapter 11 case of Kabbage, Inc. d/b/a Kservicing. The 58-page exhibit lists daily time entries from February 2023 by AlixPartners professionals, each with a date, professional initials, a description of services and hours. Entries under the Chapter 11 Process / Case Management category record internal and adviser calls on loan transition updates, the wind-down budget, contract assumption review, the legacy loan sale process and SBA settlement status. The Loan Transfer Activities category totals 21.7 hours and $21,485.50 in fees. The Travel Time category totals 20.0 hours and $19,910.00, reduced by 50% to $9,955.00.

Summary drafted by a model from the document's text below and checked by script against that text before publication. It is a navigation aid, not a reading of what the document proves. Where AI is used

Full text

Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 1 of 58

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


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 2 of 58

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
02/01/2023

PROFESSIONAL
AP

02/01/2023
02/01/2023

DCR
JN

02/01/2023

JN

02/01/2023

NL

02/01/2023

TBT

02/02/2023

AP

02/02/2023

DCR

02/02/2023

DCR

02/02/2023

JN

02/02/2023

JN

02/02/2023

JMK

02/02/2023

NL

02/02/2023

TBT

02/02/2023

TBT

02/02/2023

TBT

DESCRIPTION OF SERVICES
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: loan transition updates, winddown budget status,
contract assumption review, and general project updates
$1,789
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: loan transition updates, winddown budget status,
contract assumption review, and general project updates
Prepare updated engagement team workplan and fee forecast for review with
KServicing management
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: loan transition updates, winddown budget status,
contract assumption review, and general project updates
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: loan transition updates, wind down budget status,
contract assumption review, and general project updates
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N.
LoBiondo, A. Perrella (all AlixPartners) re: loan transition updates, winddown
budget status, contract assumption review, and general project updates
Attend call with S. Kafiti, D. Evans, H. Loiseau, L. Milner (all KServicing) C.
Arthur, N. Hwangpo, C. Bentley, E. Ruocco (all Weil) Z. Shapiro (RLF) D. RiegerPaganis, J. Nelson, T. Thoroddsen (all AlixPartners) re: CUBI, CRB data transfer
plans and SBA settlement status
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N.
LoBiondo, A. Perrella (all AlixPartners) re: loan transition updates, winddown
budget status, contract assumption review, and general project updates
Attend call with S. Kafiti, D. Evans, H. Loiseau, L. Milner (all KServicing) C.
Arthur, N. Hwangpo, C. Bentley, E. Ruocco (all Weil) Z. Shapiro (RLF) D. RiegerPaganis, J. Nelson, T. Thoroddsen (all AlixPartners) re: CUBI, CRB data transfer
plans and SBA settlement status
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N.
LoBiondo, A. Perrella (all AlixPartners) re: loan transition updates, winddown
budget status, contract assumption review, and general project updates
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N.
LoBiondo, A. Perrella (all AlixPartners) re: loan transition updates, winddown
budget status, contract assumption review, and general project updates
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N.
LoBiondo, A. Perrella (all AlixPartners) re: loan transition updates, winddown
budget status, contract assumption review, and general project updates
Attend call with S. Kafiti, D. Evans, H. Loiseau, L. Milner (all KServicing) C.
Arthur, N. Hwangpo, C. Bentley, E. Ruocco (all Weil) Z. Shapiro (RLF) D. RiegerPaganis, J. Nelson, T. Thoroddsen (all AlixPartners) re: CUBI, CRB data transfer
plans and SBA settlement status
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N.
LoBiondo, A. Perrella (all AlixPartners) re: loan transition updates, winddown
budget status, contract assumption review, and general project updates
Update weekly status updates for KServicing management

HOURS
0.5
0.3
0.5
0.7
0.5
0.5
0.5
0.5

0.5
0.5

0.5
0.5
0.5
0.5

0.5
0.2


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 3 of 58

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
02/03/2023

PROFESSIONAL
AP

02/03/2023

JN

02/03/2023

JMK

02/03/2023

NL

02/03/2023

TBT

02/06/2023

AP

02/06/2023

JN

02/06/2023

JMK

02/06/2023

NL

02/06/2023

TBT

02/07/2023

AP

02/07/2023

JN

02/07/2023
02/07/2023

JN
JMK

02/07/2023

NL

02/08/2023

AP

DESCRIPTION OF SERVICES
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: loan transition updates, winddown budget status,
contract assumption review, and general project updates
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: loan transition updates, winddown budget status,
contract assumption review, and general project updates
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: loan transition updates, winddown budget status,
contract assumption review, and general project updates
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: loan transition updates, winddown budget status,
contract assumption review, and general project updates
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: loan transition updates, winddown budget status,
contract assumption review, and general project updates
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: loan transition updates, wind down budget status,
contract assumption review, and general project updates
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: loan transition updates, wind down budget status,
contract assumption review, and general project updates
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: loan transition updates, wind down budget status,
contract assumption review, and general project updates
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: loan transition updates, wind down budget status,
contract assumption review, and general project updates
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: loan transition updates, wind down budget status,
contract assumption review, and general project updates
Attend call with J. Nelson, J. Katsigeorgis, N. LoBiondo, A. Perrella (all
AlixPartners) re: updates to legacy loan sale process, transition plan, and general
project updates
Attend call with J. Nelson, J. Katsigeorgis, N. LoBiondo, A. Perrella (all
AlixPartners) re: updates to legacy loan sale process, transition plan, and general
project updates
Develop detailed case summary update for engagement team coordination
Attend call with J. Nelson, J. Katsigeorgis, N. LoBiondo, A. Perrella (all
AlixPartners) re: updates to legacy loan sale process, transition plan, and general
project updates
Attend call with J. Nelson, J. Katsigeorgis, N. LoBiondo, A. Perrella (all
AlixPartners) re: updates to legacy loan sale process, transition plan, and general
project updates
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: updates to legacy loan sale process, transition plan,
and general project updates

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
0.8
0.5
0.5
0.6


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 4 of 58

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
02/08/2023

PROFESSIONAL
JN

02/08/2023

JMK

02/08/2023

NL

02/08/2023

TBT

02/09/2023
02/09/2023

DCR
DCR

02/09/2023

JN

02/10/2023

AP

02/10/2023

JN

02/10/2023

JMK

02/10/2023

NL

02/10/2023

TBT

02/13/2023

AP

02/13/2023
02/13/2023

DCR
DCR

DESCRIPTION OF SERVICES
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: updates to legacy loan sale process, transition plan,
and general project updates
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: updates to legacy loan sale process, transition plan,
and general project updates
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: updates to legacy loan sale process, transition plan,
and general project updates
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: updates to legacy loan sale process, transition plan,
and general project updates
Respond to case related emails re: claims and plan related documents
Attend call with C. Arthur, N. Hwangpo, C. Bentley, E. Ruocco (all Weil) H.
Loiseau, S. Kafiti, D. Evans, T. Williams (all KServicing) Z. Shapiro(all RLF) D.
Rieger-Paganis, J. Nelson (all AlixPartners) re: CUBI, CRB, SBA, loan transfer,
Legacy Loan sale, claims and plan related documents
Attend call with C. Arthur, N. Hwangpo, C. Bentley, E. Ruocco (all Weil) H.
Loiseau, S. Kafiti, D. Evans, T. Williams (all KServicing) Z. Shapiro(all RLF) D.
Rieger-Paganis, J. Nelson (all AlixPartners) re: CUBI, CRB, SBA, loan transfer,
Legacy Loan sale, claims and plan related documents
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: Board call takeaways, contract assumptions review,
plan supplement timing updates, and general project updates
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: Board call takeaways, contract assumptions review,
plan supplement timing updates, and general project updates
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: Board call takeaways, contract assumptions review,
plan supplement timing updates, and general project updates
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: Board call takeaways, contract assumptions review,
plan supplement timing updates, and general project updates
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: Board call takeaways, contract assumptions review,
plan supplement timing updates, and general project updates
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: updates to legacy loan sale process, transition plan,
wind down budget and general project updates
Respond to case related emails re: wind-down budget
Attend call with C. Arthur, N. Hwangpo, C. Bentley, E. Ruocco (all Weil) L.
Milner, H. Loiseau, S. Kafiti, D. Evans (all KServicing) Z. Shapiro (RLF) D.
Rieger-Paganis, J. Nelson, T. Thoroddsen (all AlixPartners) re: CUBI, CRB, Fed /
Lendistry transition plans, SBA term sheet, DOJ, AmEx, Legacy loan sale, claims
objections and plan supplements

HOURS
0.6
0.6
0.6
0.6
0.9
0.9

0.9

0.6
0.6
0.6
0.6
0.6
0.5
0.7
1.0


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 5 of 58

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
02/13/2023

PROFESSIONAL
JN

02/13/2023

JN

02/13/2023

JMK

02/13/2023

NL

02/13/2023

TBT

02/13/2023

TBT

02/14/2023

AP

02/14/2023
02/14/2023

DCR
DCR

02/14/2023

JN

02/14/2023

JMK

02/14/2023

NL

02/14/2023

TBT

02/15/2023

DCR

02/15/2023

DCR

DESCRIPTION OF SERVICES
Attend call with C. Arthur, N. Hwangpo, C. Bentley, E. Ruocco (all Weil) L.
Milner, H. Loiseau, S. Kafiti, D. Evans (all KServicing) Z. Shapiro (RLF) D.
Rieger-Paganis, J. Nelson, T. Thoroddsen (all AlixPartners) re: CUBI, CRB, Fed /
Lendistry transition plans, SBA term sheet, DOJ, AmEx, Legacy loan sale, claims
objections and plan supplements
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: updates to legacy loan sale process, transition plan,
wind down budget and general project updates
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: updates to legacy loan sale process, transition plan,
wind down budget and general project updates
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: updates to legacy loan sale process, transition plan,
wind down budget and general project updates
Attend call with C. Arthur, N. Hwangpo, C. Bentley, E. Ruocco (all Weil) L.
Milner, H. Loiseau, S. Kafiti, D. Evans (all KServicing) Z. Shapiro (RLF) D.
Rieger-Paganis, J. Nelson, T. Thoroddsen (all AlixPartners) re: CUBI, CRB, Fed /
Lendistry transition plans, SBA term sheet, DOJ, AmEx, Legacy loan sale, claims
objections and plan supplements
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: updates to legacy loan sale process, transition plan,
wind down budget and general project updates
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N.
LoBiondo, A. Perrella (all AlixPartners) re: updates to legacy loan sale process,
transition plan, wind down budget and general project updates
Respond to case related emails re: wind-down budget
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N.
LoBiondo, A. Perrella (all AlixPartners) re: updates to legacy loan sale process,
transition plan, wind down budget and general project updates
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N.
LoBiondo, A. Perrella (all AlixPartners) re: updates to legacy loan sale process,
transition plan, wind down budget and general project updates
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N.
LoBiondo, A. Perrella (all AlixPartners) re: updates to legacy loan sale process,
transition plan, wind down budget and general project updates
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N.
LoBiondo, A. Perrella (all AlixPartners) re: updates to legacy loan sale process,
transition plan, wind down budget and general project updates
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, J. Katsigeorgis, N.
LoBiondo, A. Perrella (all AlixPartners) re: updates to legacy loan sale process,
transition plan, wind down budget and general project updates
Attend call with N. Hwangpo (Weil) D. Rieger-Paganis (partial), T. Thoroddsen J.
Nelson, N. LoBiondo (all AlixPartners) re: updated wind down budget format,
budget comments from Chilmark, and general case updates
Update status call with J. Nelson, N. LoBiondo and D. Rieger-Paganis (all
AlixPartners)

HOURS
1.0

0.5
0.5
0.5
1.0

0.5
0.4
0.4
0.4
0.4
0.4
0.4
0.4
0.2
0.3


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 6 of 58

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
02/15/2023

PROFESSIONAL
JN

02/15/2023

NL

02/15/2023

TBT

02/16/2023

AP

02/16/2023

JN

02/16/2023

JMK

02/16/2023

NL

02/16/2023

TBT

02/16/2023
02/17/2023

TBT
AP

02/17/2023
02/17/2023
02/17/2023

DCR
DCR
JN

02/17/2023

JMK

02/17/2023

NL

02/17/2023

TBT

02/21/2023

AP

02/21/2023

DCR

DESCRIPTION OF SERVICES
Attend call with N. Hwangpo (Weil) D. Rieger-Paganis (partial), T. Thoroddsen J.
Nelson, N. LoBiondo (all AlixPartners) re: updated wind down budget format,
budget comments from Chilmark, and general case updates
Attend call with N. Hwangpo (Weil) D. Rieger-Paganis (partial), T. Thoroddsen J.
Nelson, N. LoBiondo (all AlixPartners) re: updated wind down budget format,
budget comments from Chilmark, and general case updates
Attend call with N. Hwangpo (Weil) D. Rieger-Paganis (partial), T. Thoroddsen J.
Nelson, N. LoBiondo (all AlixPartners) re: updated wind down budget format,
budget comments from Chilmark, and general case updates
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: updates to transition plan, plan supplement schedules
and general project updates
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: updates to transition plan, plan supplement schedules
and general project updates
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: updates to transition plan, plan supplement schedules
and general project updates
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: updates to transition plan, plan supplement schedules
and general project updates
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: updates to transition plan, plan supplement schedules
and general project updates
Update weekly status report for KServicing management
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: status of January MOR, loan transition call updates,
legacy loan sale process updates, and general project updates
Respond to case related emails re: cash collateral reporting
Review case related emails
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: status of January MOR, loan transition call updates,
legacy loan sale process updates, and general project updates
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: status of January MOR, loan transition call updates,
legacy loan sale process updates, and general project updates
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: status of January MOR, loan transition call updates,
legacy loan sale process updates, and general project updates
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: status of January MOR, loan transition call updates,
legacy loan sale process updates, and general project updates
Attend call with D. Rieger-Paganis, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo,
A. Perrella (all AlixPartners) re: status of plan supplement deliverables, legacy loan
sale process, and general case updates
Respond to case related emails re: wind-down budget

HOURS
0.4
0.4
0.4
0.5
0.5
0.5
0.5
0.5
0.3
0.5
0.2
0.7
0.5
0.5
0.5
0.5
0.5
0.6


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 7 of 58

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
02/21/2023

PROFESSIONAL
DCR

02/21/2023

JMK

02/21/2023

NL

02/21/2023

TBT

02/22/2023

AP

02/22/2023
02/22/2023

DCR
JMK

02/22/2023

NL

02/22/2023

TBT

02/23/2023

AP

02/23/2023
02/23/2023

DCR
DCR

02/23/2023

JN

02/23/2023

JMK

02/23/2023
02/24/2023

TBT
AP

02/24/2023
02/24/2023

DCR
JN

02/24/2023

JMK

DESCRIPTION OF SERVICES
Attend call with D. Rieger-Paganis, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo,
A. Perrella (all AlixPartners) re: status of plan supplement deliverables, legacy loan
sale process, and general case updates
Attend call with D. Rieger-Paganis, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo,
A. Perrella (all AlixPartners) re: status of plan supplement deliverables, legacy loan
sale process, and general case updates
Attend call with D. Rieger-Paganis, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo,
A. Perrella (all AlixPartners) re: status of plan supplement deliverables, legacy loan
sale process, and general case updates
Attend call with D. Rieger-Paganis, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo,
A. Perrella (all AlixPartners) re: status of plan supplement deliverables, legacy loan
sale process, and general case updates
Attend call with T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all
AlixPartners) re: plan voting updates and status of weekly deliverables
Respond to case related emails re: contract assumptions
Attend call with T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all
AlixPartners) re: plan voting updates and status of weekly deliverables
Attend call with T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all
AlixPartners) re: plan voting updates and status of weekly deliverables
Attend call with T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all
AlixPartners) re: plan voting updates and status of weekly deliverables
Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, A. Perrella (all
AlixPartners) re: wind down officer interviews, contract assumptions, daily cash
updates, legacy loan analysis and data requests
Respond to case related emails re: wind-down budget
Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, A. Perrella (all
AlixPartners) re: wind down officer interviews, contract assumptions, daily cash
updates, legacy loan analysis and data requests
Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, A. Perrella (all
AlixPartners) re: wind down officer interviews, contract assumptions, daily cash
updates, legacy loan analysis and data requests
Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, A. Perrella (all
AlixPartners) re: wind down officer interviews, contract assumptions, daily cash
updates, legacy loan analysis and data requests
Review agenda for February 27th hearing
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, A. Perrella (all
AlixPartners) re: effective date analysis, claims process, contract assumptions, loan
transitions and legacy loan analysis
Respond to case related emails re: wind-down budget
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, A. Perrella (all
AlixPartners) re: effective date analysis, claims process, contract assumptions, loan
transitions and legacy loan analysis
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, A. Perrella (all
AlixPartners) re: effective date analysis, claims process, contract assumptions, loan
transitions and legacy loan analysis

HOURS
0.5
0.5
0.5
0.5
0.2
0.8
0.2
0.2
0.2
0.4
0.7
0.4
0.4
0.4
0.1
0.6
0.6
0.6
0.6


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 8 of 58

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
02/24/2023

PROFESSIONAL
TBT

02/27/2023
02/28/2023

DCR
AP

02/28/2023
02/28/2023

DCR
DCR

02/28/2023

JN

02/28/2023

NL

02/28/2023

TBT

Total Professional Hours

DESCRIPTION OF SERVICES
Attend call with J. Nelson, T. Thoroddsen, J. Katsigeorgis, A. Perrella (all
AlixPartners) re: effective date analysis, claims process, contract assumptions, loan
transitions and legacy loan analysis
Respond to transition plan and notices required to be sent
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, N. LoBiondo, A.
Perrella (all AlixPartners) re: status of weekly deliverables including cash collateral
reporting and general project updates
Respond to case related emails re: cash collateral reporting
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, N. LoBiondo, A.
Perrella (all AlixPartners) re: status of weekly deliverables including cash collateral
reporting and general project updates
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, N. LoBiondo, A.
Perrella (all AlixPartners) re: status of weekly deliverables including cash collateral
reporting and general project updates
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, N. LoBiondo, A.
Perrella (all AlixPartners) re: status of weekly deliverables including cash collateral
reporting and general project updates
Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, N. LoBiondo, A.
Perrella (all AlixPartners) re: status of weekly deliverables including cash collateral
reporting and general project updates

HOURS
0.6
0.3
0.5
1.2
0.5
0.5
0.5
0.5
55.2


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 9 of 58

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
12.6
11.4
9.4
6.8
7.8
7.2
55.2

$

$

FEES
15,372.00
11,628.00
8,930.00
5,848.00
4,719.00
4,356.00
50,853.00


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 10 of 58

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

Re:
Code:

Cash / Liquidity Matters
20006554P00002.1.3

DATE
02/01/2023
02/01/2023
02/01/2023
02/01/2023
02/01/2023
02/02/2023
02/02/2023

PROFESSIONAL
AP
JN
JMK
JMK
JMK
AP
JN

02/02/2023
02/02/2023
02/02/2023
02/02/2023
02/02/2023
02/02/2023
02/02/2023

JN
JN
JN
JMK
JMK
JMK
NL

02/03/2023
02/03/2023
02/03/2023

AP
AP
JN

02/03/2023

JN

02/03/2023

JN

02/03/2023
02/03/2023
02/03/2023

JMK
JMK
NL

02/03/2023

NL

02/03/2023

NL

02/06/2023
02/06/2023

AP
JN

02/06/2023
02/06/2023
02/06/2023

JMK
JMK
NL

02/06/2023
02/06/2023

NL
NL

02/06/2023

NL

02/07/2023
02/07/2023

AP
AP

DESCRIPTION OF SERVICES
Develop daily cash analysis
Revise bank account cash report
Analyze professional fee forecasting model
Communications with various advisors re latest fee estimates and forecasts
Review daily cash activity and forward flows
Develop daily cash analysis
Attend call with J. Nelson, N. LoBiondo (all AlixPartners) to review wind down
budget updates and assumptions
Attend call with M. Kennedy (Chilmark) re: wind down budget
Review weekly cash collateral variance report
Revise updated winddown budget and supporting details
Analyze professional fee forecasting model
Prepare advisor fee budgets presentation materials for management
Review daily cash activity and forward flows
Attend call with J. Nelson, N. LoBiondo (all AlixPartners) to review wind down
budget updates and assumptions
Develop daily cash analysis
Update professional fee tracker with estimates received from Professionals
Attend call with J. Nelson, N. LoBiondo (all AlixPartners) re: winddown budget
and cash collateral budget updates
Attend call with M. Kennedy, J. Ellis(all Chilmark) J. Nelson, N. LoBiondo (all
AlixPartners) re: Chilmark's comments on wind down budget
Attend call with J. Nelson, N. LoBiondo (all AlixPartners) re: additional updates to
wind down budget assumptions
Analyze professional fee forecasting model
Review daily cash activity and forward flows
Attend call with J. Nelson, N. LoBiondo (all AlixPartners) re: winddown budget
and cash collateral budget updates
Attend call with M. Kennedy, J. Ellis(all Chilmark) J. Nelson, N. LoBiondo (all
AlixPartners) re: Chilmark's comments on wind down budget
Attend call with J. Nelson, N. LoBiondo (all AlixPartners) re: additional updates to
wind down budget assumptions
Develop daily cash analysis
Attend call with J. Nelson, N. LoBiondo (all AlixPartners) re: updates to legacy
loan sale process, transition plan, and wind down budgets
Correspondence with various advisors re latest fee estimates and forecasts
Review forward flows and daily bank activity
Attend call with J. Nelson, N. LoBiondo (all AlixPartners) re: updates to legacy
loan sale process, transition plan, and wind down budgets
Finalize updates to cash flow forecast for actuals through 2/3/23
Update cash collateral budget for legacy loan and PPP actuals for week-ended
2/3/23
Update cash collateral budget for operating and non-operating expense actuals for
week-ended 2/3/23
Develop daily cash analysis
Review borrower payments on GP'd loans data for analysis

HOURS
1.2
0.4
1.2
1.0
0.5
1.4
0.6
0.3
0.4
1.1
0.8
1.0
0.5
0.6
1.3
1.4
0.4
0.9
0.6
1.0
0.5
0.4
0.9
0.6
1.3
0.3
2.0
0.5
0.3
1.8
2.6
2.5
1.6
1.4


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 11 of 58

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

Re:
Code:

Cash / Liquidity Matters
20006554P00002.1.3

DATE
02/07/2023
02/07/2023
02/07/2023
02/07/2023
02/07/2023
02/08/2023
02/08/2023
02/08/2023
02/08/2023

PROFESSIONAL
AP
JN
JMK
JMK
JMK
AP
AP
AP
DCR

02/08/2023
02/08/2023
02/08/2023
02/08/2023
02/08/2023
02/08/2023

JN
JN
JN
JMK
JMK
NL

02/09/2023
02/09/2023
02/09/2023
02/10/2023
02/10/2023
02/10/2023

AP
JMK
JMK
AP
AP
JN

02/10/2023
02/10/2023
02/10/2023
02/10/2023
02/10/2023

JN
JMK
JMK
JMK
NL

02/13/2023
02/13/2023

AP
JN

02/13/2023

JMK

02/13/2023
02/13/2023

JMK
NL

02/13/2023

NL

02/13/2023

NL

02/13/2023

NL

02/14/2023
02/14/2023

AP
AP

DESCRIPTION OF SERVICES
Update accrued professional fees through January for Company finance team
Review weekly PPPLF cash collateral reporting
Correspondence with various advisors re latest fee estimates and forecasts
Review forward flows and daily bank activity
Review professional fee forecasts for scenarios
Develop daily cash analysis
Review professional fees by month for Company finance team
Update accrued professional fees through January for Company finance team
Attend call with D. Rieger-Paganis, N. LoBiondo (both AlixPartners) to review
cash collateral budget variance report for week-ended 2/3/23
Prepare responses to Fed advisor questions
Research of loans potentially not pledged
Review weekly cash flow forecast variance report
Review forward flows and daily bank activity
Review professional fee forecasts for scenarios
Attend call with D. Rieger-Paganis, N. LoBiondo (both AlixPartners) to review
cash collateral budget variance report for week-ended 2/3/23
Develop daily cash analysis
Review forward flows and daily bank activity
Review professional fee forecasts for scenarios
Develop daily cash analysis
Update professional fee tracker with estimates received from Professionals
Attend call with J. Nelson, N. LoBiondo (both AlixPartners) re: wind down budget
updates and inquiries from Fed Advisors
Review updated KS org chart and budget assumptions
Review forward flows and daily bank activity
Review professional fee forecasts for scenarios
Review professional fee forecasts for various scenarios
Attend call with J. Nelson, N. LoBiondo (both AlixPartners) re: wind down budget
updates and inquiries from Fed Advisors
Develop daily cash analysis
Attend call with J. Nelson, N. LoBiondo (both AlixPartners) re: updated wind
down budget format
Prepare consolidated valuation model, loan database, marketing analysis and
diligence tracker model
Review daily cash activity and forward flows
Attend call with J. Nelson, N. LoBiondo (both AlixPartners) re: updated wind
down budget format
Finalize updates to cash flow forecast for actuals through 2/10/23 and perform
reconciliation to daily cash report
Update cash collateral budget for legacy loan and PPP actuals for week-ended
2/10/23
Update cash collateral budget for operating and non-operating expense actuals for
week-ended 2/10/23
Develop daily cash analysis
Update professional fees based on actuals received from professionals

HOURS
1.6
0.8
0.8
0.5
1.5
1.3
0.9
1.6
0.3
1.7
0.9
0.6
0.5
1.2
0.3
1.6
0.5
0.7
1.2
1.2
0.4
0.4
0.5
0.6
1.0
0.4
1.3
0.1
1.5
0.5
0.1
1.7
2.7
2.8
1.2
0.8


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 12 of 58

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

Re:
Code:

Cash / Liquidity Matters
20006554P00002.1.3

DATE
02/14/2023

PROFESSIONAL
JN

02/14/2023
02/14/2023
02/14/2023
02/14/2023
02/14/2023
02/14/2023

JN
JN
JN
JN
JMK
JMK

02/14/2023
02/14/2023
02/14/2023

JMK
JMK
NL

02/15/2023
02/15/2023
02/15/2023
02/15/2023

AP
JN
JN
JMK

02/15/2023
02/15/2023
02/15/2023
02/15/2023
02/16/2023
02/16/2023

JMK
JMK
JMK
JMK
AP
JN

02/16/2023
02/16/2023
02/16/2023

JN
JN
JMK

02/16/2023
02/16/2023
02/16/2023
02/16/2023

JMK
JMK
JMK
NL

02/17/2023
02/17/2023
02/17/2023
02/17/2023

AP
JN
JN
JMK

02/17/2023
02/17/2023
02/21/2023
02/21/2023
02/21/2023
02/21/2023

JMK
JMK
AP
JN
JMK
JMK

DESCRIPTION OF SERVICES
Attend call with J. Nelson, N. LoBiondo (both AlixPartners) re: updated wind
down budget format and Chilmark's comments on PPPLF loan data snapshot
Review daily cash report
Review weekly cash variance report
Review weekly PPPLF cash collateral reporting
Revise wind down budget scenarios based on comments from Fed advisors
Respond to emails from advisors re: weekly fee estimates
Prepare consolidated valuation model, loan database, marketing analysis and
diligence tracker model
Review daily cash activity and forward flows
Update professional fee tracking
Attend call with J. Nelson, N. LoBiondo (both AlixPartners) re: updated wind
down budget format and Chilmark's comments on PPPLF loan data snapshot
Develop daily cash analysis
Review Fed advisor comments regarding winddown budget
Review weekly Fed remittance report
Prepare consolidated valuation model, loan database, marketing analysis and
diligence tracker model
Review daily cash activity and forward flows
Review professional fee forecasts for scenarios
Tracking and review of professional fee estimates and disbursements
Update professional fee scenarios and review of cash timing
Develop daily cash analysis
Attend meeting with J. Nelson, N. LoBiondo (both AlixPartners) re: emergence
date scenario analysis
Review revised winddown budget scenarios
Revise wind down budget scenarios based on comments from Fed advisors
Prepare consolidated valuation model, loan database, marketing analysis and
diligence tracker model
Review daily cash activity and forward flows
Tracking and review of professional fee estimates and disbursements
Update professional fee tracking
Attend meeting with J. Nelson, N. LoBiondo (both AlixPartners) re: emergence
date scenario analysis
Develop daily cash analysis
Review report of risk flagged loans
Revise effective date timing analysis and presentation
Prepare consolidated valuation model, loan database, marketing analysis and
diligence tracker model
Review daily cash activity and forward flows
Tracking and review of professional fee estimates and disbursements
Develop daily cash analysis
Prepare effective date analysis materials for Board
Communications with advisors re fee forecasts and estimates
Review forward flows and daily cash activity

HOURS
0.4
0.3
0.4
0.7
1.3
0.8
1.0
0.5
0.3
0.4
1.3
0.4
0.6
1.0
0.5
0.9
1.0
1.0
1.6
0.5
1.2
0.9
0.7
0.5
0.8
0.4
0.5
1.2
0.4
0.7
1.5
0.5
1.0
1.3
1.4
1.0
0.5


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 13 of 58

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

Re:
Code:

Cash / Liquidity Matters
20006554P00002.1.3

DATE
02/21/2023

PROFESSIONAL
NL

02/21/2023

NL

02/21/2023

NL

02/22/2023
02/22/2023

AP
DCR

02/22/2023

JN

02/22/2023
02/22/2023
02/22/2023
02/22/2023

JN
JN
JN
JMK

02/22/2023
02/23/2023
02/23/2023
02/23/2023
02/23/2023
02/23/2023
02/23/2023
02/24/2023
02/24/2023
02/24/2023
02/24/2023
02/24/2023
02/27/2023
02/27/2023
02/27/2023

JMK
AP
JN
JN
JN
JMK
JMK
AP
JN
JN
JN
JMK
AP
AP
DCR

02/27/2023

JN

02/28/2023
02/28/2023
02/28/2023
02/28/2023
02/28/2023

AP
AP
JN
JN
NL

02/28/2023

NL

DESCRIPTION OF SERVICES
Finalize updates to cash flow forecast for actuals through 2/17/23 and perform
reconciliation to daily cash report
Update cash collateral budget for legacy loan and PPP actuals for week-ended
2/17/23
Update cash collateral budget for operating and non-operating expense actuals for
week-ended 2/17/23
Develop daily cash analysis
Attend call with M. Kennedy, J. Ellis (both Chilmark) D. Rieger-Paganis, J.
Nelson, J. Katsigeorgis (all AlixPartners) re: legacy loan sale process, cash flow
estimates and buyer updates
Attend call with M. Kennedy, J. Ellis (both Chilmark) D. Rieger-Paganis, J.
Nelson, J. Katsigeorgis (all AlixPartners) re: legacy loan sale process, cash flow
estimates and buyer updates
Review weekly cash forecast variance report
Review weekly PPPLF cash collateral reporting
Revise effective date timing analysis
Attend call with M. Kennedy, J. Ellis (both Chilmark) D. Rieger-Paganis, J.
Nelson, J. Katsigeorgis (all AlixPartners) re: legacy loan sale process, cash flow
estimates and buyer updates
Review forward flows and daily cash activity
Develop daily cash analysis
Review bi-weekly Fed default loan status report
Review updated Kabbage Direct loan report
Revise effective date timing analysis and presentation materials
Review forward flows and daily cash activity
Analyze advisor fee payment timing and forecasts
Develop daily cash analysis
Attend call with M. Kennedy (Chilmark) re: emergence date timing
Review PPPLF portfolio reconciliation analysis
Revise effective date timing analysis and presentation materials
Review forward flows and daily cash activity
Develop daily cash analysis
Update to professional fees for cash collateral budget
Attend call with S. Haliburton, T. Williams, J. Mulaney (all KServicing) D. RiegerPaganis, J. Nelson (all AlixPartners) re: PPPLF portfolio due diligence research
Attend call with S. Haliburton, T. Williams, J. Mulaney (all KServicing) D. RiegerPaganis, J. Nelson (all AlixPartners) re: PPPLF portfolio due diligence research
Develop daily cash analysis
Update to professional fees for cash collateral budget
Prepare for meeting with Fed advisors
Review PPPLF due diligence response materials
Finalize updates to cash flow forecast for actuals through 2/24/23 and perform
reconciliation to daily cash report
Update cash collateral budget for legacy loan and PPP actuals for week-ended
2/24/23

HOURS
1.5
2.5
2.6
1.2
0.5
0.5
0.7
0.6
1.7
0.5
0.5
1.4
0.4
0.5
1.5
0.5
1.2
0.9
0.3
0.5
1.3
0.5
1.3
2.2
0.5
0.5
1.1
1.1
0.6
0.8
2.5
2.2


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 14 of 58

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

Re:
Code:

Cash / Liquidity Matters
20006554P00002.1.3

DATE
02/28/2023

PROFESSIONAL
NL

Total Professional Hours

DESCRIPTION OF SERVICES
Update cash collateral budget for operating and non-operating expense actuals for
week-ended 2/24/23

HOURS
2.1
135.1


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 15 of 58

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

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

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

HOURS
1.3
29.0
35.9
36.9
32.0
135.1

$

$

FEES
1,586.00
29,580.00
30,874.00
22,324.50
19,360.00
103,724.50


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 16 of 58

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
02/01/2023

PROFESSIONAL
AP

02/01/2023

AP

02/01/2023

DCR

02/01/2023

JMK

02/01/2023

NL

02/01/2023
02/01/2023
02/01/2023
02/01/2023

NL
NL
NL
TBT

02/01/2023
02/02/2023

TBT
AP

02/02/2023
02/02/2023
02/02/2023
02/02/2023
02/03/2023

NL
TBT
TBT
TBT
AP

02/03/2023
02/03/2023

AP
JH

02/03/2023

JH

02/03/2023
02/03/2023
02/03/2023
02/03/2023
02/03/2023

NL
TBT
TBT
TBT
TBT

02/03/2023
02/03/2023
02/03/2023
02/03/2023
02/03/2023

TBT
TBT
TBT
TBT
TBT

DESCRIPTION OF SERVICES
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) T.
Thoroddsen, J. Katsigeorgis, A. Perrella (all AlixPartners) re: vendor updates,
claims, professional fee accruals, loan servicing transition and contracts
Develop cash collateral cash balance report to be shared with Federal Reserve
advisors
Attend call with D. Rieger-Paganis, N. LoBiondo (all AlixPartners) to review cash
collateral budget for week-ended 1/27/23
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) T.
Thoroddsen, J. Katsigeorgis, A. Perrella (all AlixPartners) re: vendor updates,
claims, professional fee accruals, loan servicing transition and contracts
Attend call with D. Rieger-Paganis, N. LoBiondo (all AlixPartners) to review cash
collateral budget for week-ended 1/27/23
Prepare and finalize KS remittance loan detail report per Chilmark request
Update cash collateral budget forecast per requirements of Cash Collateral Order
Update loan run off forecast for cash collateral budget
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) T.
Thoroddsen, J. Katsigeorgis, A. Perrella (all AlixPartners) re: vendor updates,
claims, professional fee accruals, loan servicing transition and contracts
Send correspondence to T. Williams (KServicing) re: backup for certain referral
Develop cash collateral cash balance report to be shared with Federal Reserve
advisors
Continue updates to loan run off forecast for cash collateral budget
Respond to T. Williams (KServicing) re: Delaware tax returns
Review response from S. Moss (KServicing) re: Delaware tax returns due date
Send follow up to S. Moss (KServicing) re: 401k plan
Develop cash collateral cash balance report to be shared with Federal Reserve
advisors
Update PPPLF Loan data to be shared with Federal Reserve advisors
Draft questions and review responses from T. Thoroddsen (AlixPartners) on
liquidation basis accounting questions from client team
Review questions from KServicing client team on liquidation basis accounting
requirements
Finalize updated cash collateral budget
Respond to S. Kafiti (KServicing) re: renewal of cyber insurance
Review correspondence from C. Bentley (Weil) re: data storage post-effective date
Review correspondence from C. Myron (Marsh) re: renewal for cyber insurance
Review correspondence from N. Hwangpo (Weil) re: wind down estates tax
structure
Review correspondence from N. Panameno (Omni) re: KServicing inquiry log
Review estimates for post confirmation US trustee fees
Review updates from M. Poomesh re: wind down of Kabbage India
Review updates from N. Hwangpo (Weil) re: data storage post effective date
Review updates from S. Moss (KServicing) re: Delaware tax

HOURS
0.5
2.1
0.2
0.5
0.2
1.1
2.6
2.5
0.5
0.1
2.1
2.1
0.1
0.1
0.1
1.7
0.8
0.2
0.4
2.4
0.1
0.1
0.1
0.1
0.3
0.1
0.1
0.1
0.1


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 17 of 58

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
02/06/2023

PROFESSIONAL
AP

02/06/2023
02/06/2023
02/06/2023
02/06/2023

AP
AP
JH
JN

02/06/2023

JMK

02/06/2023

NL

02/06/2023

TBT

02/06/2023
02/06/2023

TBT
TBT

02/06/2023
02/06/2023
02/07/2023

TBT
TBT
NL

02/07/2023

NL

02/07/2023
02/07/2023
02/07/2023

TBT
TBT
TBT

02/08/2023

AP

02/08/2023
02/08/2023

AP
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: vendor updates, claims, professional fee accruals, loan servicing transition and
contracts
Review reduction report re: confirmation of cash collateral reporting
Update loan listing analysis for remittance report
Respond to questions from T. Williams (KServicing) re: liquidation accounting
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) J.
Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners)
re: vendor updates, claims, professional fee accruals, loan servicing transition and
contracts
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) J.
Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners)
re: vendor updates, claims, professional fee accruals, loan servicing transition and
contracts
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) J.
Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners)
re: vendor updates, claims, professional fee accruals, loan servicing transition and
contracts
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) J.
Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners)
re: vendor updates, claims, professional fee accruals, loan servicing transition and
contracts
Review correspondence from E. Ruocco (Weil) re: Biz2Credit referral agreement
Review correspondence from I. Naraine (KServicing) re: accruals for January
MOR
Review correspondence from S. Moss (KServicing) re: 401k plan
Review update from T. Williams (KServicing) re: Biz2Credit invoicing
Finalize cash collateral budget variance report and permitted variance test
presentation for week-ended 2/3/23
Prepare cash collateral budget variance report and permitted variance test for week
ended 2/3/23
Attend call with S. Kafiti, T. Williams (both KServicing) re: accounting issues
Review accruals from A. Perrella (AlixPartners) re: professional fee accruals
Send correspondence to A. Perrella (AlixPartners) re: professional fee accruals for
January MOR
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) J.
Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners)
re: January month-end close updates, PPPLF loan reconciliation and other diligence
matters
Prepare remittance report to be shared with Federal Reserve advisors
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) J.
Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners)
re: January month-end close updates, PPPLF loan reconciliation and other diligence
matters

HOURS
0.2

1.1
2.3
0.4
0.2

0.2

0.2

0.2

0.1
0.2
0.1
0.1
2.4
2.6
0.4
0.1
0.1
0.4

1.3
0.4


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 18 of 58

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
02/08/2023

PROFESSIONAL
JMK

02/08/2023

NL

02/08/2023
02/08/2023

NL
TBT

02/08/2023

TBT

02/09/2023

AP

02/09/2023
02/09/2023

AP
DCR

02/09/2023

JN

02/10/2023

AP

02/10/2023

AP

02/10/2023
02/10/2023
02/10/2023

AP
JN
NL

02/10/2023
02/10/2023

NL
TBT

02/10/2023
02/10/2023

TBT
TBT

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: January month-end close updates, PPPLF loan reconciliation 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: January month-end close updates, PPPLF loan reconciliation and other diligence
matters
Prepare and finalize KS remittance loan detail report for Chilmark
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) J.
Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners)
re: January month-end close updates, PPPLF loan reconciliation and other diligence
matters
Attend call with S. Kafiti (KServicing) C. Myron, C. Haney, H. Adams (all Marsh)
re: renewal of Cyber insurance
Develop cash collateral cash balance report to be shared with Federal Reserve
advisors
Finalize remittance report to be shared with Federal Reserve advisors
Attend Board call with C. Arthur, N. Hwangpo, C. Bentley, E. Ruocco (all Weil)
E. Hartz, R. Gregg, L. Taylor, L. Milner, H. Loiseau, S. Kafiti, D. Evans, T.
Williams (all KServicing) Z. Shapiro (RLF) D. Kurzweil (Greenberg) D. RiegerPaganis, J. Nelson (both AlixPartners) re: case updates
Attend Board call with C. Arthur, N. Hwangpo, C. Bentley, E. Ruocco (all Weil)
E. Hartz, R. Gregg, L. Taylor, L. Milner, H. Loiseau, S. Kafiti, D. Evans, T.
Williams (all KServicing) Z. Shapiro (RLF) D. Kurzweil (Greenberg) D. RiegerPaganis, J. Nelson (both AlixPartners) re: case updates
Attend call with J. Mullaney, S. Haliburton, I. Naraine(all KServicing) T.
Thoroddsen, N. LoBiondo, A. Perrella (all AlixPartners) re: vendor invoices and
AP questions, PPPLF remittance inquiries from Fed Advisors, 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
Prepare Board materials as a follow-up from Board meeting
Attend call with J. Mullaney, S. Haliburton, I. Naraine(all KServicing) T.
Thoroddsen, N. LoBiondo, A. Perrella (all AlixPartners) re: vendor invoices and
AP questions, PPPLF remittance inquiries from Fed Advisors, and other diligence
matters
Finalize cash balances and cash collateral report for week-ended 2/3/23
Attend call with J. Mullaney, S. Haliburton, I. Naraine(all KServicing) T.
Thoroddsen, N. LoBiondo, A. Perrella (all AlixPartners) re: vendor invoices and
AP questions, PPPLF remittance inquiries from Fed Advisors, and other diligence
matters
Review correspondence from C. Arthur (Weil) re: Synovus bank accounts
Review updates from D. Evans (KServicing) re: latest org updates for staffing and
contract workers

HOURS
0.4

0.4

1.5
0.4

0.5
2.1
1.2
1.0

1.0

0.5

1.4
0.8
0.8
0.5

2.2
0.5

0.1
0.1


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 19 of 58

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
02/13/2023

PROFESSIONAL
AP

02/13/2023
02/13/2023
02/13/2023
02/13/2023

AP
AP
AP
JN

02/13/2023

JMK

02/13/2023

NL

02/13/2023

TBT

02/13/2023
02/13/2023
02/13/2023
02/13/2023
02/14/2023
02/14/2023

TBT
TBT
TBT
TBT
AP
NL

02/14/2023

NL

02/14/2023
02/14/2023

TBT
TBT

02/14/2023
02/15/2023

TBT
AP

02/15/2023

AP

02/15/2023

AP

02/15/2023
02/15/2023

AP
JN

02/15/2023

JMK

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: PPPLF loan inquiries, MOR updates, and other diligence matters
Development of cash flow statement for January MOR
Review reduction report re: confirmation of cash collateral reporting
Update loan listing analysis for remittance report
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) J.
Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners)
re: PPPLF loan inquiries, MOR updates, 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: PPPLF loan inquiries, MOR updates, 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: PPPLF loan inquiries, MOR updates, 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: PPPLF loan inquiries, MOR updates, and other diligence matters
Review January balance sheet for MOR
Review January P&L for MOR
Review reorganization expenses for January MOR
Send correspondence to T. Williams (KServicing) re: January financials
Development of cash flow statement for January MOR
Finalize cash collateral budget variance report and permitted variance test
presentation for week-ended 2/10/23
Prepare cash collateral budget variance report and permitted variance test for week
ended 2/10/23
Review January cash flow for MOR reporting
Send correspondence to A. Perrella (AlixPartners) re: cash reconciliation to bank
balances
Telephone call with E. Ruocco, S. Margolis (both Weil) re: 401k plan
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) J.
Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners)
re: January MOR, PPPLF data reconciliation, and other diligence matters
Attend meeting with T. Williams (all KServicing) J. Katsigeorgis, A. Perrella (all
AlixPartners) re: monthly financials for January MOR
Attend meeting with T. Thoroddsen, A. Perrella (all AlixPartners) re: January
Profit and Loss statement reconciliations for MOR
Review Profit and Loss statement for January MOR
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) J.
Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners)
re: January MOR, PPPLF data reconciliation, 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: January MOR, PPPLF data reconciliation, and other diligence matters

HOURS
0.5
1.4
1.3
2.1
0.5
0.5
0.5
0.5
0.3
0.3
0.3
0.1
1.4
2.6
2.6
0.3
0.1
0.2
0.5
0.6
0.4
1.9
0.5
0.5


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 20 of 58

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
02/15/2023

PROFESSIONAL
JMK

02/15/2023

NL

02/15/2023
02/15/2023
02/15/2023

NL
NL
TBT

02/15/2023

TBT

02/15/2023

TBT

02/16/2023
02/16/2023

AP
DCR

02/16/2023

DCR

02/16/2023

JN

02/16/2023

JN

02/16/2023
02/16/2023
02/16/2023
02/16/2023
02/17/2023

JMK
JMK
TBT
TBT
AP

02/17/2023

AP

02/17/2023

AP

02/17/2023
02/17/2023

AP
JN

DESCRIPTION OF SERVICES
Attend meeting with T. Williams (all KServicing) J. Katsigeorgis, A. Perrella (all
AlixPartners) re: monthly financials for January MOR
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) J.
Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners)
re: January MOR, PPPLF data reconciliation, and other diligence matters
Finalize Fed remittance report for week-ended 2/10/23
Prepare and finalize KS remittance loan detail report for week-ended 2/10/23
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) J.
Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners)
re: January MOR, PPPLF data reconciliation, and other diligence matters
Attend meeting with T. Thoroddsen, A. Perrella (all AlixPartners) re: January
Profit and Loss statement reconciliations for MOR
Attend call with S. Kafiti, S. Moss, T. Williams (all KServicing) S. Margolis, E.
Ruocco (all Weil) re: process to terminate 401k plan
Finalize remittance report to be shared with Federal Reserve advisors
Attend Board call with C. Arthur, C. Bentley, L. Castillo, T. Tsekerides(all Weil)
L. Milner, S. Kafiti, H. Loiseau, T. Williams, E. Hartz, R. Gregg, L. Taylor (all
KServicing) D. Kurzweil, M. Petrie (all Greenberg) D. Rieger-Paganis, J. Nelson
(both AlixPartners) re: case updates
Attend call with C. Arthur, N. Hwangpo, C. Bentley (all Weil) L. Milner, H.
Loiseau, S. Kafiti, D. Evans, T. Williams (all KServicing) Z. Shapiro (RLF) D.
Rieger-Paganis, J. Nelson (both AlixPartners) re: loan transfer activities, SBA
update, and case milestones/timing
Attend Board call with C. Arthur, C. Bentley, L. Castillo, T. Tsekerides(all Weil)
L. Milner, S. Kafiti, H. Loiseau, T. Williams, E. Hartz, R. Gregg, L. Taylor (all
KServicing) D. Kurzweil, M. Petrie (all Greenberg) D. Rieger-Paganis, J. Nelson
(both AlixPartners) re: case updates
Attend call with C. Arthur, N. Hwangpo, C. Bentley (all Weil) L. Milner, H.
Loiseau, S. Kafiti, D. Evans, T. Williams (all KServicing) Z. Shapiro (RLF) D.
Rieger-Paganis, J. Nelson (both AlixPartners) re: loan transfer activities, SBA
update, and case milestones/timing
Review January MOR
Review MOR supporting financials re January MOR
Review red-line to global notes for January MOR
Send correspondence to A. Suarez (Weil) re: global notes
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) J.
Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners)
re: January MOR and status of PPPLF loan data reconciliation
Attend call with N. LoBiondo, A. Perrella (both AlixPartners) to review cash
balances and cash collateral report for week-ended 2/10/23
Develop cash collateral cash balance report to be shared with Federal Reserve
advisors
Development of draft MORs to be shared with company and Weil
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) J.
Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners)
re: January MOR and status of PPPLF loan data reconciliation

HOURS
0.6
0.5
2.8
2.5
0.5
0.4
0.3
1.2
1.1

1.0

1.1

1.0

0.7
1.2
0.2
0.1
0.5
0.4
1.4
1.3
0.5


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 21 of 58

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
02/17/2023

PROFESSIONAL
JMK

02/17/2023

NL

02/17/2023

NL

02/17/2023
02/17/2023

NL
TBT

02/17/2023
02/17/2023
02/20/2023
02/20/2023
02/20/2023
02/20/2023
02/20/2023

TBT
TBT
TBT
TBT
TBT
TBT
TBT

02/20/2023
02/20/2023

TBT
TBT

02/20/2023
02/20/2023
02/20/2023
02/21/2023
02/21/2023
02/21/2023

TBT
TBT
TBT
AP
AP
DCR

02/21/2023

NL

02/21/2023

NL

02/21/2023
02/21/2023
02/21/2023
02/22/2023

TBT
TBT
TBT
AP

02/22/2023
02/22/2023

AP
NL

02/22/2023

NL

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: January MOR and status of PPPLF loan data reconciliation
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) J.
Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners)
re: January MOR and status of PPPLF loan data reconciliation
Attend call with N. LoBiondo, A. Perrella (both AlixPartners) to review cash
balances and cash collateral report for week-ended 2/10/23
Finalize cash balances and cash collateral report for week-ended 2/10/23
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) J.
Nelson, T. Thoroddsen, J. Katsigeorgis, N. LoBiondo, A. Perrella (all AlixPartners)
re: January MOR and status of PPPLF loan data reconciliation
Review draft January MOR
Send comments to A. Perrella (AlixPartners) re: January MOR
Call with A. Suarez (Weil) re: January MOR
Research documentation regarding KERP agreements
Review correspondence from N. Hwangpo (Weil) re: discretionary bonus
Review final January MOR
Send correspondence to N. Hwangpo (Weil) re: missing KERP agreement received
from L. Milner (KServicing)
Send correspondence to N. Hwangpo (Weil) re: signed KERP agreement
Send correspondence to T. Williams (KServicing) re: certain missing KERP
agreement
Send December MOR for red-lining to A. Suarez (Weil) as requested
Send final draft of January MOR to A. Suarez (Weil) for her comments
Send final draft of January MOR to T. Williams (KServicing) for her approval
Review reduction report re: confirmation of cash collateral reporting
Update loan listing analysis for remittance report
Attend call with D. Rieger-Paganis, N. LoBiondo (both AlixPartners) to review
cash collateral budget variance report and permitted variance test for the weekended 2/17/23
Attend call with D. Rieger-Paganis, N. LoBiondo (both AlixPartners) to review
cash collateral budget variance report and permitted variance test for the weekended 2/17/23
Prepare cash collateral budget variance report and permitted variance test for week
ended 2/17/23
Respond to A. Suarez (Weil) re: January MOR ready for filing
Review correspondence from S. Moss (KServicing) re: liquidation of Indian entity
Send correspondence to S. Moss (KServicing) re: equity holders for noticing
Attend call with N. LoBiondo, A. Perrella (both AlixPartners) re: Fed remittance
report and cash collateral reporting for week-ended 2/17/23
Update loan listing analysis for remittance report
Attend call with N. LoBiondo, A. Perrella (both AlixPartners) re: Fed remittance
report and cash collateral reporting for week-ended 2/17/23
Attend call with M. Kennedy(all Chilmark) re: Fed's comments on 2/10 Fed
Remittance Report and updates on PPPLF data reconciliation

HOURS
0.5
0.5
0.4
2.7
0.5
0.6
0.1
0.1
0.2
0.1
0.4
0.1
0.1
0.1
0.2
0.1
0.1
1.2
2.1
0.3
0.3
2.5
0.1
0.1
0.1
0.3
2.1
0.3
0.5


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 22 of 58

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
02/22/2023

PROFESSIONAL
NL

02/22/2023
02/22/2023
02/22/2023

NL
NL
NL

02/22/2023
02/22/2023

TBT
TBT

02/23/2023

AP

02/23/2023
02/23/2023

AP
JN

02/23/2023
02/23/2023
02/24/2023

NL
TBT
TBT

02/25/2023
02/27/2023
02/27/2023
02/27/2023

TBT
AP
AP
DCR

02/27/2023

DCR

02/27/2023

JN

02/27/2023

JN

02/27/2023
02/27/2023

JN
TBT

02/27/2023
02/27/2023

TBT
TBT

02/27/2023

TBT

DESCRIPTION OF SERVICES
Finalize cash collateral budget variance report and permitted variance test
presentation for week-ended 2/17/23
Finalize Fed remittance report for week-ended 2/17/23
Prepare and finalize KS remittance loan detail report for week-ended 2/17/23
Research loan remittance variance for 2/10 Fed Remittance Report per comments
form Chilmark and update remittance report to reflect adjustments
Follow up call with K. Steverson (Omni) re: IP contracts for assumption
Review additional information related to IP related contract for notification of
assumed contracts
Develop cash collateral cash balance report to be shared with Federal Reserve
advisors
Finalize remittance report to be shared with Federal Reserve advisors
Attend call with C. Arthur, N. Hwangpo, C. Bentley (all Weil) L. Milner, H.
Loiseau, S. Kafiti, T. Williams (all KServicing) re: winddown officer interviews
and loan transfer process
Finalize cash balances and cash collateral report for week-ended 2/17/23
Review updates from S. Moss (KServicing) re: Kabbage India winddown process
Review correspondence from A. Suarez (Weil) re: amended OCP Declaration with
revisions that account for Windham Brannon’s additional audit services
Review correspondence from N. Panameno (Omni) re: KServicing service log
Review reduction report re: confirmation of cash collateral reporting
Update loan listing analysis for remittance report
Attend Board call with C. Arthur, C. Bentley, N. Hwangpo (all Weil) D. Kurzweil,
M. Petrie (all Greenberg) L. Milner, S. Kafiti, H. Loiseau, E. Hartz, R. Gregg, L.
Taylor (all KServicing) D. Rieger-Paganis, J. Nelson (both AlixPartners) re: case
updates
Attend call with C. Arthur, C. Bentley, N. Hwangpo (all Weil) Z. Shapiro (RLF) L.
Milner, S. Kafiti, H. Loiseau, T. Williams, D. Evans (all KServicing) D. RiegerPaganis, J. Nelson (both AlixPartners) re: bankruptcy case updates and partner
bank discussions
Attend Board call with C. Arthur, C. Bentley, N. Hwangpo (all Weil) D. Kurzweil,
M. Petrie (all Greenberg) L. Milner, S. Kafiti, H. Loiseau, E. Hartz, R. Gregg, L.
Taylor (all KServicing) D. Rieger-Paganis, J. Nelson (both AlixPartners) re: case
updates
Attend call with C. Arthur, C. Bentley, N. Hwangpo (all Weil) Z. Shapiro (RLF) L.
Milner, S. Kafiti, H. Loiseau, T. Williams, D. Evans (all KServicing) D. RiegerPaganis, J. Nelson (both AlixPartners) re: bankruptcy case updates and partner
bank discussions
Prepare for Board presentation re effective date timing analysis
Review correspondence from T. Williams (KServicing) re: 2023 revenue estimates
for Cyber insurance renewal
Review response from J. Nelson (AlixPartners) re: 2023 revenue estimates
Send correspondence to J. Nelson (AlixPartners) re: 2023 revenue estimates for
Cyber insurance
Send correspondence to T. Williams (KServicing) re: revenue estimates for Cyber
insurance

HOURS
2.4
2.5
1.5
1.1
0.1
0.3
1.4
1.4
1.0
1.9
0.1
0.1
0.1
1.2
2.1
0.6

0.6

0.6

0.6

0.7
0.2
0.2
0.1
0.1


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 23 of 58

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
126.6


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 24 of 58

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

Re:
Code:
PROFESSIONAL
Deborah Rieger-Paganis
James Horgan
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
$1,115
$1,020
$950
$860
$605
$605

HOURS
4.8
1.0
8.9
12.8
5.1
45.2
48.8
126.6

$

$

FEES
5,856.00
1,115.00
9,078.00
12,160.00
4,386.00
27,346.00
29,524.00
89,465.00


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 25 of 58

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

Re:
Code:

CFO Support
20006554P00002.1.6

DATE
02/03/2023

PROFESSIONAL
JN

02/06/2023

JN

02/08/2023
JN
02/15/2023
JN
02/28/2023
JN
Total Professional Hours

DESCRIPTION OF SERVICES
Prepare updated professional fees budget details for review with KServicing
management
Attend call with C. Arthur (all Weil) H. Loiseau, S. Kafiti, T. Williams (all
KServicing) re: professional fee forecast
Conduct analysis regarding month-end financial statements accounting question
Research finance team question regarding specific accounting transactions
Prepare updates to professional fee forecast and reporting

HOURS
1.2
0.5
1.2
0.8
0.7
4.4


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 26 of 58

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
4.4

$

FEES
4,488.00

4.4

$

4,488.00


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 27 of 58

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

Re:
Code:

Plan & Disclosure Statement
20006554P00002.1.9

DATE
02/01/2023

PROFESSIONAL
DCR

02/01/2023

JN

02/01/2023
02/01/2023
02/01/2023
02/01/2023

JN
JN
NL
TBT

02/01/2023
02/01/2023

TBT
TBT

02/01/2023
02/02/2023

TBT
JN

02/02/2023

NL

02/02/2023

NL

02/02/2023
02/02/2023
02/02/2023
02/02/2023

NL
NL
NL
TBT

02/02/2023

TBT

02/02/2023
02/02/2023

TBT
TBT

02/03/2023

JN

02/03/2023

NL

02/03/2023
02/03/2023
02/03/2023

NL
NL
NL

02/03/2023

NL

DESCRIPTION OF SERVICES

HOURS

Attend call with Z. Shapiro (RLF) N. Hwangpo, C. Bentley, E. Ruocco (all Weil)
D. Rieger-Paganis, J. Nelson, T. Thoroddsen (all AlixPartners) re: contract review
status, plan supplements 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: contract review
status, plan supplements and claims objections
Research questions from Weil regarding Plan Supplement materials
Revise budget assumptions section for Plan Supplement
Update 4-month wind down budget forecast for Plan Supplement
Attend call with Z. Shapiro (RLF) N. Hwangpo, C. Bentley, E. Ruocco (all Weil)
D. Rieger-Paganis, J. Nelson, T. Thoroddsen (all AlixPartners) re: contract review
status, plan supplements and claims objections
Review correspondence from S. Kafiti (KServicing) re: legacy loan data
Review correspondence from Z. Shapiro (RLF) re: assumed insurance policies for
plan supplement
Review updates from S. Kafiti (KServicing) re: legacy loan data
Attend call with L. Schweitzer, K. Corbett, R. Minott (all Cleary) M. Kennedy, J.
Ellis (both Chilmark) N. Hwangpo, C. Bentley (both Weil) J. Nelson, N. LoBiondo
(both AlixPartners) re: comments on wind down budget for the plan supplement
Telephone call with T. Thoroddsen, N. LoBiondo (all AlixPartners) re: updates to
wind-down budget
Attend call with L. Schweitzer, K. Corbett, R. Minott (all Cleary) M. Kennedy, J.
Ellis (both Chilmark) N. Hwangpo, C. Bentley (both Weil) J. Nelson, N. LoBiondo
(both AlixPartners) re: comments on wind down budget for the plan supplement
Continue updates to 4-month wind down budget forecast for Plan Supplement
Update 3-year wind down budget forecast for Plan Supplement
Update wind down expenses for 4-month wind down budget
Telephone call with T. Thoroddsen, N. LoBiondo (all AlixPartners) re: updates to
wind-down budget
Prepare list of directors and officers covered under D&O policies with coverage
information as requested by N. LoBiondo (AlixPartners)
Review correspondence from M. Kennedy (Chilmark) re: wind-down budget
Send correspondence to S. Moss (KServicing) re: confirmation about D&O policies

0.5

Attend call with N. Hwangpo, C. Bentley, E. Ruocco (all Weil) Z Shapiro (RLF) J.
Nelson, T. Thoroddsen (all AlixPartners) re: wind down budget, legacy loans and
contract review
Telephone call with T. Thoroddsen, N. LoBiondo (all AlixPartners) re: estimated
cure payments
Finalize updates to 4-month wind down budget for Plan Supplement
Prepare budget comparison for 4-month wind down budget for Chilmark's review
Prepare budget comparison for cash collateral budget for presentation to
Management
Telephone call with E. Ruocco (Weil) re: review Wind Down Budget assumptions
for Plan Supplement

0.8

0.5
0.5
0.6
2.1
0.5
0.1
0.1
0.1
0.8
0.2
0.8
2.8
2.8
2.8
0.2
0.3
0.1
0.1

0.1
2.7
2.5
2.2
0.2


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 28 of 58

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

Re:
Code:

Plan & Disclosure Statement
20006554P00002.1.9

DATE
02/03/2023

PROFESSIONAL
TBT

02/03/2023

TBT

02/03/2023
02/03/2023
02/03/2023
02/06/2023
02/06/2023

TBT
TBT
TBT
AP
DCR

02/06/2023

JN

02/06/2023

JN

02/06/2023

JMK

02/06/2023

NL

02/06/2023

TBT

02/06/2023
02/06/2023
02/06/2023
02/07/2023

TBT
TBT
TBT
JN

02/07/2023

NL

02/07/2023

TBT

02/07/2023
02/08/2023

TBT
AP

02/08/2023

DCR

02/08/2023

JN

DESCRIPTION OF SERVICES
Telephone call with T. Thoroddsen, N. LoBiondo (all AlixPartners) re: estimated
cure payments
Attend call with N. Hwangpo, C. Bentley, E. Ruocco (all Weil) Z Shapiro (RLF) J.
Nelson, T. Thoroddsen (all AlixPartners) re: wind down budget, legacy loans and
contract review
Review correspondence from N. Hwangpo (Weil) re: wind down officer
Review correspondence from P. Jeriad (Omni) re: Class 4 voting tabulation
Review open plan issues from A. Lotty (CGSH)
Update contract assumption schedules for plan and disclosure statement
Attend call with Z. Shapiro (RLF) S. Kafiti, H. Loiseau, D. Evans (all KServicing)
C. Arthur, N. Hwangpo, C. Bentley, E. Ruocco (all Weil) D. Rieger-Paganis, J.
Nelson, T. Thoroddsen (all AlixPartners) re: CUBI, CRB, SBA, loan servicing
transition, legacy loans, claim objections, plan supplements and wind down budget
Attend call with Z. Shapiro (RLF) S. Kafiti, H. Loiseau, D. Evans (all KServicing)
C. Arthur, N. Hwangpo, C. Bentley, E. Ruocco (all Weil) D. Rieger-Paganis, J.
Nelson, T. Thoroddsen (all AlixPartners) re: CUBI, CRB, SBA, loan servicing
transition, legacy loans, claim objections, plan supplements and wind down budget
Review winddown budget and assumptions materials for inclusion with Plan
Supplement
Attend call with J. Katsigeorgis, N. LoBiondo (all AlixPartners) to review
historical legacy loan collections
Attend call with J. Katsigeorgis, N. LoBiondo (all AlixPartners) to review
historical legacy loan collections
Attend call with Z. Shapiro (RLF) S. Kafiti, H. Loiseau, D. Evans (all KServicing)
C. Arthur, N. Hwangpo, C. Bentley, E. Ruocco (all Weil) D. Rieger-Paganis, J.
Nelson, T. Thoroddsen (all AlixPartners) re: CUBI, CRB, SBA, loan servicing
transition, legacy loans, claim objections, plan supplements and wind down budget
Review correspondence from C. Bonk (Weil) re: response to Fed open items
Review correspondence from J. Paul (Omni) re: updated Class 4 voting tabulation
Send responses to J. Nelson (AlixPartners) re: Feds open plan issues list
Review winddown budget and assumptions materials for inclusion with Plan
Supplement
Continue to update wind down budgets (transfer budget and servicing budget) for
updated estimates and assumptions
Review correspondence from C. Arthur (Weil) re: alternative service provider for
Fed
Review correspondence from J. Paul (Omni) re: Class 4 voting tabulation
Attend call with T. Thoroddsen, A. Perrella (both AlixPartners) re: assumption
schedule for plan supplement
Attend call with Z. Shapiro (RLF) C. Ruocco, C. Bentley (both Weil) D. RiegerPaganis, J. Nelson, T. Thoroddsen (all AlixPartners) re: DOJ proposal, loan
transitioning, plan supplements and contract assumptions
Attend call with Z. Shapiro (RLF) C. Ruocco, C. Bentley (both Weil) D. RiegerPaganis, J. Nelson, T. Thoroddsen (all AlixPartners) re: DOJ proposal, loan
transitioning, plan supplements and contract assumptions

HOURS
0.1
0.8
0.1
0.1
0.1
1.2
0.9

0.9

0.8
0.2
0.2
0.9

0.1
0.1
0.3
0.9
2.8
0.1
0.1
0.2
0.4
0.4


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 29 of 58

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

Re:
Code:

Plan & Disclosure Statement
20006554P00002.1.9

DATE
02/08/2023

PROFESSIONAL
NL

02/08/2023
02/08/2023

NL
TBT

02/08/2023

TBT

02/09/2023

AP

02/09/2023

DCR

02/09/2023

JN

02/09/2023

JMK

02/09/2023

NL

02/09/2023

NL

02/09/2023
02/09/2023
02/09/2023

NL
NL
TBT

02/10/2023
02/10/2023
02/10/2023

NL
NL
TBT

02/10/2023
02/10/2023
02/13/2023

TBT
TBT
DCR

02/13/2023

JN

02/13/2023

NL

02/13/2023
02/14/2023
02/15/2023
02/15/2023

TBT
NL
TBT
TBT

DESCRIPTION OF SERVICES
Attend call with M. Kennedy (Chilmark) re: questions and comments on cash
collateral budget and wind down budget
Finalize Fed remittance report for week-ended 2/3
Attend call with Z. Shapiro (RLF) C. Ruocco, C. Bentley (both Weil) D. RiegerPaganis, J. Nelson, T. Thoroddsen (all AlixPartners) re: DOJ proposal, loan
transitioning, plan supplements and contract assumptions
Attend call with T. Thoroddsen, A. Perrella (both AlixPartners) re: assumption
schedule for plan supplement
Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: updates to legacy loan sale process, transition plan,
and general project updates
Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: updates to legacy loan sale process, transition plan,
and general project updates
Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: updates to legacy loan sale process, transition plan,
and general project updates
Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: updates to legacy loan sale process, transition plan,
and general project updates
Attend call with D. Rieger-Paganis, J. Nelson, J. Katsigeorgis, N. LoBiondo, A.
Perrella (all AlixPartners) re: updates to legacy loan sale process, transition plan,
and general project updates
Update direct and indirect servicing cost in updated cost-per-loan analysis and
reconcile to updated wind down budget
Update loan run off for cost-per-loan analysis
Update support files for updates to wind down budgets
Update assumption schedules for executory contracts for both PPP transfers and
post effective date servicing
Respond to Chilmark comments/questions on transfer budget
Update transfer budget per comments from Chilmark
Review correspondence from J. Nelson (AlixPartners) re: plan supplement for
assumed contracts
Review correspondence from J. Paul (Omni) re: Class 4 voting tabulation
Review notice of adjourned dates re: confirmation
Attend call with M. Kennedy, J. Ellis (both Chilmark) D. Rieger-Paganis, J.
Nelson, N. LoBiondo (all AlixPartners) re: Chilmark's comments on wind down
Attend call with M. Kennedy, J. Ellis (both Chilmark) D. Rieger-Paganis, J.
Nelson, N. LoBiondo (all AlixPartners) re: Chilmark's comments on wind down
Attend call with M. Kennedy, J. Ellis (both Chilmark) D. Rieger-Paganis, J.
Nelson, N. LoBiondo (all AlixPartners) re: Chilmark's comments on wind down
Review correspondence from J. Paul (Omni) re: Class 4 voting tabulation
Reformat Transfer Budget and update budget per additional comments from Fed
Review correspondence from B. Whitaker (Omni) re: ballot request
Review correspondence from J. Paul (Omni) re: Class 4 voting tabulation

HOURS
0.3
2.1
0.4
0.2
0.5
0.5
0.5
0.5
0.5
2.5
2.6
2.8
0.3
2.2
2.2
0.1
0.1
0.2
0.5
0.5
0.5
0.1
2.5
0.1
0.1


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 30 of 58

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

Re:
Code:

Plan & Disclosure Statement
20006554P00002.1.9

DATE
02/16/2023

PROFESSIONAL
DCR

02/16/2023

JN

02/16/2023

JN

02/16/2023

NL

02/16/2023

NL

02/16/2023

NL

02/16/2023

NL

02/16/2023
02/17/2023

NL
DCR

02/17/2023
02/17/2023

DCR
JN

02/17/2023

JN

02/17/2023

JN

02/17/2023

NL

02/17/2023

NL

02/17/2023

NL

02/17/2023
02/17/2023

NL
NL

02/18/2023
02/21/2023

TBT
DCR

02/21/2023

JN

02/21/2023

JMK

DESCRIPTION OF SERVICES
Attend call with D. Rieger-Paganis, J. Nelson, N. LoBiondo (all AlixPartners) re:
Chilmark's comments on wind down budget and next steps
Attend call with M. Kennedy (all Chilmark) J. Nelson, N. LoBiondo (both
AlixPartners) re: Chilmark's comments on wind down budget
Attend call with D. Rieger-Paganis, J. Nelson, N. LoBiondo (all AlixPartners) re:
Chilmark's comments on wind down budget and next steps
Attend call with M. Kennedy (all Chilmark) J. Nelson, N. LoBiondo (both
AlixPartners) re: Chilmark's comments on wind down budget
Attend call with D. Rieger-Paganis, J. Nelson, N. LoBiondo (all AlixPartners) re:
Chilmark's comments on wind down budget and next steps
Respond to Weil comments on wind down budget and budget assumptions
schedule for Plan Supplement
Update Servicing Budget and Transfer Budget schedules and prepare footnotes for
Plan Supplement
Update Servicing Budget for Plan Supplement per comments from Chilmark
Attend call with Z. Shapiro (RLF) N. Hwangpo, C. Bentley (both Weil) D. RiegerPaganis, J. Nelson, N. LoBiondo (all AlixPartners) to review effective date timing
analysis
Follow-up on open points resulting from call on next steps for service transitioning
Attend call with Z. Shapiro (RLF) N. Hwangpo, C. Bentley (both Weil) D. RiegerPaganis, J. Nelson, N. LoBiondo (all AlixPartners) to review effective date timing
analysis
Attend call with J. Nelson, N. LoBiondo (both AlixPartners) to review effective
date timing analysis and management/board presentation
Attend call with Z. Shapiro (RLF) C. Bentley (Weil) J. Nelson, N. LoBiondo (both
AlixPartners) re: updates from SBA meeting, plan supplement updates, and case
milestones/timing
Attend call with Z. Shapiro (RLF) N. Hwangpo, C. Bentley (both Weil) D. RiegerPaganis, J. Nelson, N. LoBiondo (all AlixPartners) to review effective date timing
analysis
Attend call with J. Nelson, N. LoBiondo (both AlixPartners) to review effective
date timing analysis and management/board presentation
Attend call with Z. Shapiro (RLF) C. Bentley (Weil) J. Nelson, N. LoBiondo (both
AlixPartners) re: updates from SBA meeting, plan supplement updates, and case
milestones/timing
Prepare Effective Date Timing Analysis for internal discussion
Prepare initial draft of Effective Date Timing Analysis presentation for
Management and the Board
Review service log received from N. Panameno (Omni)
Attend call with C. Arthur, N. Hwangpo, C. Bentley (all Weil) L. Milner, S. Kafiti,
H. Loiseau (all KServicing) Z. Shapiro (RLF) D. Rieger-Paganis, T. Thoroddsen
(both AlixPartners) re: CUBI, CRB and Fed transfer plans, SBA settlement,
claims, plan supplements and MOR
Attend call with J. Nelson, N. LoBiondo (both AlixPartners) re: effective date
analysis updates
Review IP related contracts re assumption/rejection

HOURS
0.3
0.4
0.3
0.4
0.3
1.5
2.4
2.5
0.5
0.4
0.5
0.9
0.3
0.5
0.9
0.3
2.8
2.8
0.1
1.1

0.1
1.0


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 31 of 58

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

Re:
Code:

Plan & Disclosure Statement
20006554P00002.1.9

DATE
02/21/2023

PROFESSIONAL
NL

02/21/2023

TBT

02/21/2023
02/21/2023
02/21/2023
02/21/2023

TBT
TBT
TBT
TBT

02/21/2023
02/21/2023

TBT
TBT

02/21/2023

TBT

02/21/2023

TBT

02/21/2023

TBT

02/21/2023
02/22/2023

TBT
AP

02/22/2023

AP

02/22/2023

DCR

02/22/2023

DCR

02/22/2023

JN

02/22/2023

JN

02/22/2023

JN

02/22/2023

JN

02/22/2023

JMK

02/22/2023

JMK

DESCRIPTION OF SERVICES
Attend call with J. Nelson, N. LoBiondo (both AlixPartners) re: effective date
analysis updates
Attend call with C. Arthur, N. Hwangpo, C. Bentley (all Weil) L. Milner, S. Kafiti,
H. Loiseau (all KServicing) Z. Shapiro (RLF) D. Rieger-Paganis, T. Thoroddsen
(both AlixPartners) re: CUBI, CRB and Fed transfer plans, SBA settlement,
claims, plan supplements and MOR
Call with K. Steverson (Omni) re: plan supplements and objections to plan
Review correspondence from C. Bentley (Weil) re: certain voting records
Review correspondence from J. McMillian (Weil) re: equity holders
Review correspondence from Z. Shapiro (RLF) re: additional notification for plan
supplement
Review summary from A. Perrella (KServicing) re: certain notification parties
Send correspondence to A. Perrella (AlixPartners) re: research for certain
notification addresses
Send correspondence to C. Bentley (Weil), Z. Shapiro (RLF) re: notification of
plan supplement
Send follow up to J. Kearney, T. Williams (both KServicing) re: Tibco Scribe
Quote
Send list to K. Steverson (Omni) re: contracts included in plan supplement for
noticing
Update plan supplement for contract assumptions as requested by C. Bentley
Attend call with J. Kearney (KServicing) J. Katsigeorgis, A. Perrella (both
AlixPartners) re: rejection of IP contracts
Attend call with J. Mullaney, T. Williams, S. Haliburton (All KServicing) D.
Rieger-Paganis, J. Nelson, T. Thoroddsen (partial), J. Katsigeorgis, N. LoBiondo,
A. Perrella (all AlixPartners) re: status of ongoing PPPLF data reconciliation
Attend call with J. Mullaney, T. Williams, S. Haliburton (All KServicing) D.
Rieger-Paganis, J. Nelson, T. Thoroddsen (partial), J. Katsigeorgis, N. LoBiondo,
A. Perrella (all AlixPartners) re: status of ongoing PPPLF data reconciliation
Attend call with N. Hwangpo, C. Bentley (both Weil) D. Rieger-Paganis, J.
Nelson, T. Thoroddsen (all AlixPartners) re: contract assumptions, plan
Attend call with J. Nelson, N. LoBiondo (both AlixPartners) re: Weil's comments
on effective date timing analysis
Attend call with J. Mullaney, T. Williams, S. Haliburton (All KServicing) D.
Rieger-Paganis, J. Nelson, T. Thoroddsen (partial), J. Katsigeorgis, N. LoBiondo,
A. Perrella (all AlixPartners) re: status of ongoing PPPLF data reconciliation
Attend call with J. Nelson, N. LoBiondo (both AlixPartners) re: Chilmark's
comments on PPPLF reconciliation
Attend call with N. Hwangpo, C. Bentley (both Weil) D. Rieger-Paganis, J.
Nelson, T. Thoroddsen (all AlixPartners) re: contract assumptions, plan
Attend call with J. Kearney (KServicing) J. Katsigeorgis, A. Perrella (both
AlixPartners) re: rejection of IP contracts
Attend call with J. Mullaney, T. Williams, S. Haliburton (All KServicing) D.
Rieger-Paganis, J. Nelson, T. Thoroddsen (partial), J. Katsigeorgis, N. LoBiondo,
A. Perrella (all AlixPartners) re: status of ongoing PPPLF data reconciliation

HOURS
0.1
1.1

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


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 32 of 58

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

Re:
Code:

Plan & Disclosure Statement
20006554P00002.1.9

DATE
02/22/2023

PROFESSIONAL
NL

02/22/2023

NL

02/22/2023

NL

02/22/2023

NL

02/22/2023

NL

02/22/2023

TBT

02/22/2023

TBT

02/22/2023

TBT

02/22/2023

TBT

02/22/2023
02/22/2023
02/22/2023
02/22/2023
02/23/2023
02/23/2023

TBT
TBT
TBT
TBT
AP
DCR

02/23/2023

JN

02/23/2023

NL

02/23/2023
02/25/2023
02/28/2023

NL
TBT
DCR

02/28/2023

JN

02/28/2023

JN

02/28/2023

NL

02/28/2023

NL

DESCRIPTION OF SERVICES
Attend call with J. Nelson, N. LoBiondo (both AlixPartners) re: Weil's comments
on effective date timing analysis
Attend call with J. Mullaney, T. Williams, S. Haliburton (All KServicing) D.
Rieger-Paganis, J. Nelson, T. Thoroddsen (partial), J. Katsigeorgis, N. LoBiondo,
A. Perrella (all AlixPartners) re: status of ongoing PPPLF data reconciliation
Attend call with T. Thoroddsen, N. LoBiondo (both AlixPartners) to review IT and
IP contract list
Attend call with J. Nelson, N. LoBiondo (both AlixPartners) re: Chilmark's
comments on PPPLF reconciliation
Respond to Weil's comments on effective date timing analysis and update
management/board presentation
Attend call with J. Mullaney, T. Williams, S. Haliburton (All KServicing) D.
Rieger-Paganis, J. Nelson, T. Thoroddsen (partial), J. Katsigeorgis, N. LoBiondo,
A. Perrella (all AlixPartners) re: status of ongoing PPPLF data reconciliation
Attend call with T. Thoroddsen, N. LoBiondo (both AlixPartners) to review IT and
IP contract list
Attend call with N. Hwangpo, C. Bentley (both Weil) D. Rieger-Paganis, J.
Nelson, T. Thoroddsen (all AlixPartners) re: contract assumptions, plan
Attend call with C. Bentley (Weil) Z. Shapiro (RLF) S. Kafiti (KServicing) K.
Steverson (Omni) re: IP related contracts for assumption noticing
Call with K. Steverson (Omni) re: notice for contract assumption schedule
Review correspondence from J. Paul (Omni) re: class 4 voting records
Review draft notification for assumed contracts
Review noticing addresses from T. Williams (KServicing) re: directors
Update contract rejection schedules to include in plan and disclosure statement
Attend meeting with N. Hwangpo and C. Bentley (both Weil) and J. Nelson and D.
Rieger-Paganis (both AlixPartners) re: effective date timing presentation review
Attend meeting with N. Hwangpo and C. Bentley (both Weil) and J. Nelson and D.
Rieger-Paganis (both AlixPartners) re: effective date timing presentation review
Respond to Client and external party inquiries and comments on PPPLF data
reconciliation
Update effective date analysis and board presentation
Review correspondence from J. Paul (Omni) re: Class 4 voting stipulation
Attend call with M. Kennedy, J. Ellis (both Chilmark) D. Rieger-Paganis, J.
Nelson, N. LoBiondo (all AlixPartners) re: transition plan updates and effective
date timing analysis
Attend call with M. Kennedy, J. Ellis (both Chilmark) D. Rieger-Paganis, J.
Nelson, N. LoBiondo (all AlixPartners) re: transition plan updates and effective
date timing analysis
Attend call with J. Nelson, N. LoBiondo (all AlixPartners) re: effective date
scenario analysis and updates to cash collateral budget
Attend call with J. Nelson, N. LoBiondo (all AlixPartners) re: effective date
scenario analysis and updates to cash collateral budget
Attend call with M. Kennedy, J. Ellis (both Chilmark) D. Rieger-Paganis, J.
Nelson, N. LoBiondo (all AlixPartners) re: transition plan updates and effective
date timing analysis

HOURS
0.4
0.7
0.1
0.4
1.5
0.5
0.1
0.4
0.4
0.2
0.2
0.4
0.1
1.9
0.7
0.7
1.3
1.4
0.1
0.9
0.9
0.4
0.4
0.9


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 33 of 58

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

Re:
Code:

Plan & Disclosure Statement
20006554P00002.1.9

DATE
PROFESSIONAL
02/28/2023
TBT
02/28/2023
TBT
02/28/2023
TBT
Total Professional Hours

DESCRIPTION OF SERVICES
Review correspondence from C. Bentley (Weil) re: CRB response to contracts
Review correspondence from J. Paul (Omni) re: class 4 voting tabulation
Review updates from J. Paul (Omni) re: Class 4 voting tabulations

HOURS
0.1
0.1
0.1
102.6


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 34 of 58

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
7.8
13.6
11.3
2.9
5.0
62.0
102.6

$

$

FEES
9,516.00
13,872.00
10,735.00
2,494.00
3,025.00
37,510.00
77,152.00


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 35 of 58

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

Re:
Code:

Transaction Support
20006554P00002.1.10

DATE
02/06/2023

PROFESSIONAL
JN

02/06/2023

JMK

02/06/2023
02/06/2023
02/07/2023
02/07/2023
02/07/2023
02/08/2023
02/08/2023
02/08/2023
02/09/2023
02/10/2023
02/10/2023

JMK
JMK
JN
JMK
JMK
JN
JMK
JMK
JMK
JN
JN

02/10/2023
02/10/2023
02/10/2023
02/13/2023
02/13/2023
02/14/2023

JMK
JMK
TBT
JN
JMK
JN

02/14/2023

JN

02/14/2023

JMK

02/14/2023
02/14/2023

JMK
JMK

02/15/2023
02/16/2023
02/17/2023
02/17/2023
02/17/2023

JMK
JMK
JN
JMK
JMK

02/21/2023
02/21/2023
02/21/2023
02/22/2023

JN
JMK
JMK
JN

DESCRIPTION OF SERVICES
Attend call with N. Hwangpo, C. Bentley, A. Ham (all Weil) S. Kafiti, C. Ajagba,
D. Evans, J. Mullaney, C. Bergmark, P. Greene(all KServicing) J. Nelson, J.
Katsigeorgis (both AlixPartners) re: value maximization considerations of legacy
loan portfolio
Attend call with N. Hwangpo, C. Bentley, A. Ham (all Weil) S. Kafiti, C. Ajagba,
D. Evans, J. Mullaney, C. Bergmark, P. Greene(all KServicing) J. Nelson, J.
Katsigeorgis (both AlixPartners) re: value maximization considerations of legacy
loan portfolio
Analyze loan data re potential legacy loan sale process
Prepare marketing materials re potential loan sale process
Research legacy loan extended payment plan practices
Prepare cost-benefit analysis re potential loan sale process
Prepare marketing materials re potential loan sale process
Review legacy loan sale materials
Analyze loan data re potential legacy loan sale process
Prepare marketing materials re potential loan sale process
Prepare cost-benefit analysis re potential loan sale process
Attend call re: legacy loan sale with a second confidential potential bidder
Attend call with S. Kafiti (KServicing), C. Bentley (Weil) re: legacy loan sale with
confidential potential bidder
Analyze borrower payments on GP'd loans
Prepare cost-benefit analysis re potential loan sale process
Review updates from J. Nelson (AlixPartners) re: legacy portfolio interest
Coordination of legacy loan sale communication with external parties
Prepare cost-benefit analysis re potential loan sale process
Attend meeting with C. Bentley, L. Castillo(all Weil) S. Kafiti, C. Bergmark, J.
Mullaney(all KServicing) J. Nelson, J. Katsigeorgis (all AlixPartners) re: potential
loan sale process and workstreams
Attend call with S. Kafiti (KServicing), C. Bentley (Weil) re: potential legacy loan
portfolio bidder
Attend meeting with C. Bentley, L. Castillo(all Weil) S. Kafiti, C. Bergmark, J.
Mullaney(all KServicing) J. Nelson, J. Katsigeorgis (all AlixPartners) re: potential
loan sale process and workstreams
Prepare diligence materials for populating dataroom
Prepare legacy loan transaction tracker and update of potential buyer
communications
Prepare diligence materials for populating dataroom
Prepare diligence materials for populating dataroom
Review legacy loan sale NDA mark-up from potential interested buyer
Call w/ L. Emory-Cherrix (KServicing) re: available loan data
Prepare legacy loan transaction tracker and update of potential buyer
communications
Attend call with confidential potential legacy loan portfolio bidder
Prepare diligence support and dataroom population
Update loan sale process and diligence tracker
Research regarding legacy loan portfolio due diligence questions

HOURS
1.0

1.0

1.0
1.1
0.4
1.0
2.0
0.9
1.0
1.8
2.5
0.5
0.7
1.0
1.7
0.1
0.8
1.1
0.5
0.8
0.5
2.0
1.0
0.5
2.0
0.2
1.0
1.0
0.5
2.0
1.0
1.5


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 36 of 58

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

Re:
Code:

Transaction Support
20006554P00002.1.10

DATE
02/22/2023
02/22/2023
02/23/2023
02/23/2023
02/23/2023
02/23/2023
02/24/2023
02/24/2023
02/24/2023
02/24/2023
02/24/2023
02/24/2023
02/27/2023

PROFESSIONAL
JMK
JMK
JN
JN
JMK
JMK
JN
JN
JMK
JMK
JMK
JMK
JN

02/27/2023
JN
02/28/2023
JN
02/28/2023
JN
02/28/2023
JN
Total Professional Hours

DESCRIPTION OF SERVICES
Prepare diligence support and dataroom population
Update loan sale process and diligence tracker
Prepare data room for legacy loan portfolio sale process
Research regarding legacy loan portfolio due diligence questions
Update loan sale process and diligence tracker
Prepare diligence support and dataroom population
Prepare data room for legacy loan portfolio sale process
Research regarding legacy loan portfolio due diligence questions
Attend call with L. Emory-Cherrix (KServicing) re: buyer and process updates
Prepare diligence support and dataroom population
Sanitization of buyer diligence materials
Update loan sale process and diligence tracker
Attend call with C. Bentley, L. Castillo, A. Kleiner (all Weil) S. Kafiti, L. Cherrix,
C. Ajagba, J. Mulaney, C. Bergmark (all KServicing) re: legacy loan sale process
Prepare due diligence information for legacy loan sale potential buyers
Prepare due diligence information for legacy loan sale potential buyers
Prepare due diligence information for legacy loan sale potential buyers
Review draft legacy loan purchase agreement

HOURS
1.0
0.4
0.7
1.6
1.0
1.5
1.9
1.2
0.5
2.0
0.5
0.3
1.0
1.7
1.2
1.1
0.4
52.1


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 37 of 58

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
18.6
0.1
33.4
52.1

$

$

FEES
18,972.00
95.00
28,724.00
47,791.00


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 38 of 58

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

Re:
Code:

Vendor Management
20006554P00002.1.13

DATE
02/01/2023

PROFESSIONAL
NL

02/01/2023

TBT

02/01/2023

TBT

02/01/2023

TBT

02/01/2023
02/01/2023
02/02/2023

TBT
TBT
TBT

02/02/2023

TBT

02/02/2023

TBT

02/02/2023
02/02/2023
02/02/2023
02/02/2023

TBT
TBT
TBT
TBT

02/02/2023
02/03/2023
02/03/2023
02/03/2023
02/03/2023
02/06/2023

TBT
TBT
TBT
TBT
TBT
NL

02/06/2023

TBT

02/06/2023

TBT

02/06/2023
02/06/2023
02/06/2023
02/07/2023
02/07/2023
02/08/2023

TBT
TBT
TBT
TBT
TBT
AP

02/08/2023

NL

02/08/2023

NL

02/08/2023
02/08/2023

NL
TBT

DESCRIPTION OF SERVICES
Telephone call with T. Thoroddsen, N. LoBiondo (both AlixPartners) re: certain
software renewals
Telephone call with T. Thoroddsen, N. LoBiondo (both AlixPartners) re: certain
software renewals
Respond to N. Hwangpo (Weil) follow up questions regarding certain outstanding
invoices
Review outstanding vendor payments from L. Francois (KServicing) for potential
payments
Send correspondence to N. Hwangpo (Weil) re: certain outstanding invoices
Send list of potential vendor payments for this week to N. LoBiondo (AlixPartners)
Respond to I. Naraine (KServicing) re: certain vendor invoice split between pre and
post-petition periods
Review correspondence from N. LoBiondo (AlixPartners) re: certain invoice on
payable list
Review correspondence from T. Williams (KServicing) re: CUBI disputed SBA
amounts
Review correspondence from T. Williams (KServicing) re: Delaware tax status
Review updated payment file from L. Francoise (KServicing)
Review updated payment list from L. Francois (KServicing)
Send follow up to L. Francois (KServicing) re: current invoices included for this
week's payments
Telephone call with E. Ruocco (Weil) re: Biz2Credit
Respond to S. Moss (KServicing) re: payment timing for Delaware tax
Review correspondence from K. Kobbe (DLA Piper) re: Biz2Credit
Send summary to E. Ruocco (Weil) re: Biz2Credit
Summarize AR and payables for Biz2Credit
Attend call with T. Thoroddsen, N. LoBiondo (both AlixPartners) re: AP payments
review process
Attend call with T. Thoroddsen, N. LoBiondo (both AlixPartners) re: AP payments
review process
Attend call with E. Ruocco (Weil) K. Koppe (DLA Piper) re: Biz2Credit referral
A/R and open invoices
Research outstanding balances for five9 as requested by I. Naraine (KServicing)
Send correspondence to I. Naraine (KServicing) re: five9
Send correspondence to T. Williams (KServicing) re: Biz2Credit AR
Respond to L. Milner (KServicing) re: Biz2Credit invoices
Review correspondence from N. Panameno (Omni) re: updated service log
Attend call with N. LoBiondo, A. Perrella (all AlixPartners) re: professional fee
payment timing
Attend call with T. Thoroddsen, N. LoBiondo (both AlixPartners) to review vendor
invoices for weekly AP run
Attend call with N. LoBiondo, A. Perrella (all AlixPartners) re: professional fee
payment timing
Review invoices in intact for AP check run and prepare vendor payments file
Attend call with T. Thoroddsen, N. LoBiondo (both AlixPartners) to review vendor
invoices for weekly AP run

HOURS
0.1
0.1
0.1
0.4
0.1
0.1
0.1
0.1
0.1
0.1
0.3
0.1
0.1
0.2
0.1
0.1
0.1
0.3
0.2
0.2
0.2
0.1
0.1
0.1
0.1
0.1
0.3
0.4
0.3
2.4
0.4


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 39 of 58

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

Re:
Code:

Vendor Management
20006554P00002.1.13

DATE
02/08/2023
02/08/2023
02/08/2023
02/09/2023
02/09/2023

PROFESSIONAL
TBT
TBT
TBT
TBT
TBT

02/09/2023
02/10/2023

TBT
TBT

02/10/2023
02/10/2023
02/10/2023
02/15/2023

TBT
TBT
TBT
NL

02/15/2023
02/15/2023
02/15/2023
02/15/2023
02/16/2023

TBT
TBT
TBT
TBT
TBT

02/17/2023
02/17/2023

TBT
TBT

02/17/2023
02/17/2023

TBT
TBT

02/17/2023

TBT

02/17/2023
02/17/2023

TBT
TBT

02/21/2023

NL

02/21/2023

TBT

02/21/2023
02/21/2023
02/21/2023

TBT
TBT
TBT

02/21/2023
02/21/2023

TBT
TBT

02/21/2023
02/22/2023
02/23/2023
02/23/2023

TBT
TBT
NL
NL

DESCRIPTION OF SERVICES
Respond to T. Williams (KServicing) re: Delaware tax payment
Review correspondence from N. LoBiondo (AlixPartners) re: vendor payments
Send correspondence to N. LoBiondo (AlixPartners) re: Cyber insurance renewals
Review correspondence from I. Naraine (KServicing) re: KLDiscovery invoices
Review correspondence from L. Francois (KServicing) re: current proposed
payments
Review correspondence from T. Williams (KServicing) re: 401k plan
Review correspondence from I. Naraine (KServicing) re: certain KLDiscovery
Ontrack Invoices
Review correspondence from N. Panameno (Omni) re: updated service log
Update December payments against 1st day motions
Update January 2023 payments against 1st day motions
Review invoices in intact for AP check run, prepare vendor payments file, and
follow up on outstanding invoices
Respond to J. Kearney (KServicing) re: Okta
Respond to S. Kafiti (KServicing) re: cyber insurance payment in cash flow budget
Review January invoices for Omni
Review updates from J. Kearney (KServicing) re: Okta
Telephone call with S. Moss (KServicing) re: certain vendor payments and 401k
plan
Call with J. McMillian (Weil) re: certain prepetition invoices
Call with S. Moss (KServicing) re: outstanding vendor payments and other open
issues related to 401k plan
Respond to N. Hwangpo (Weil) re: critical vendor payments
Review summary of professional payments to be paid next week from A. Perrella
(AlixPartners)
Send analysis to N. Hwangpo (Weil) re: critical vendor payments against 1st day
motions
Send correspondence to L. Rasmussen, L. Messina (both CIT) re: claim
Send correspondence to N. LoBiondo (AlixPartners) re: certain pre-petition critical
vendor payment
Attend call with T. Thoroddsen, N. LoBiondo (both AlixPartners) re: Delaware
franchise tax payments
Attend call with T. Thoroddsen, N. LoBiondo (both AlixPartners) re: Delaware
franchise tax payments
Respond to L. Francois (KServicing) request regarding pre-petition claims for
Review correspondence from K. Kobbe (DLA Piper) re: Biz2Credit
Review correspondence from N. LoBiondo (AlixPartners) re: professional fee
payments
Review correspondence from S. Moss (KServicing) re: Delaware tax payments
Review correspondence from S. Moss (KServicing) re: Delaware tax payments for
2023
Send correspondence to N. Hwangpo, C. Bentley (both Weil) re: Biz2Credit
Review correspondence from N. LoBiondo (AlixPartners) re: this week's payables
Respond to Client inquiries on vendor invoices for AP check run
Review invoices in intact for AP check run

HOURS
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.4
0.5
2.7
0.1
0.1
0.1
0.1
0.3
0.1
0.3
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.2
0.1
0.1
0.1
0.1
0.1
0.1
1.3
2.2


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 40 of 58

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

Re:
Code:

Vendor Management
20006554P00002.1.13

DATE
PROFESSIONAL
02/23/2023
TBT
02/23/2023
TBT
02/23/2023
TBT
02/24/2023
TBT
02/27/2023
TBT
Total Professional Hours

DESCRIPTION OF SERVICES
Call with A. Suarez (Weil) re: Biz2Credit
Review correspondence from T. Williams (KServicing) re: tax returns
Review updates from I. Naraine (KServicing) re: certain outstanding invoices
Respond to C. Weil, A. Suarez (both Weil) re: Biz2Credit
Respond to J. McMillan (Weil) re: tax liabilities

HOURS
0.1
0.1
0.1
0.1
0.2
18.6


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 41 of 58

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
8.6
0.3
9.7
18.6

$

$

FEES
8,170.00
181.50
5,868.50
14,220.00


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 42 of 58

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

Re:
Code:

Executory Contracts
20006554P00002.1.14

DATE
02/01/2023

PROFESSIONAL
AP

02/01/2023

AP

02/01/2023

JN

02/01/2023

NL

02/01/2023

TBT

02/01/2023

TBT

02/01/2023

TBT

02/01/2023

TBT

02/01/2023

TBT

02/01/2023
02/01/2023
02/02/2023

TBT
TBT
AP

02/02/2023

TBT

02/02/2023
02/02/2023

TBT
TBT

02/02/2023

TBT

02/03/2023

TBT

02/03/2023
02/06/2023
02/06/2023
02/06/2023

TBT
JN
TBT
TBT

02/06/2023
02/06/2023
02/06/2023
02/06/2023
02/06/2023

TBT
TBT
TBT
TBT
TBT

DESCRIPTION OF SERVICES
Attend call with C. Bentley ( Weil) S. Kafiti, J. Kearney, H. Loiseau, S. Moss(all
KServicing) T. Thoroddsen, A. Perrella (all AlixPartners) re: contract assumption
schedules
Telephone call with T. Thoroddsen, A. Perrella (both AlixPartners) re: contract
review process
Telephone call with M. Kennedy, J. Ellis (both Chilmark) A. Lotty (Cleary) C.
Bentley (Weil) J. Nelson, T. Thoroddsen, N. LoBiondo (all AlixPartners) re:
contract assumption process
Telephone call with M. Kennedy, J. Ellis (both Chilmark) A. Lotty (Cleary) C.
Bentley (Weil) J. Nelson, T. Thoroddsen, N. LoBiondo (all AlixPartners) re:
contract assumption process
Attend call with C. Bentley ( Weil) S. Kafiti, J. Kearney, H. Loiseau, S. Moss(all
KServicing) T. Thoroddsen, A. Perrella (all AlixPartners) re: contract assumption
schedules
Telephone call with M. Kennedy, J. Ellis (both Chilmark) A. Lotty (Cleary) C.
Bentley (Weil) J. Nelson, T. Thoroddsen, N. LoBiondo (all AlixPartners) re:
contract assumption process
Telephone call with T. Thoroddsen, A. Perrella (both AlixPartners) re: contract
review process
Send correspondence to C. Bentley (Weil) re: question regarding contract
assumptions
Send correspondence to J. Kearney, D. Evans, S. Kafiti, H. Loiseau (all
KServicing) re: Okta renewal
Update assumed contracts list for insurance policies
Update executory contract assumption worksheet
Telephone call with T. Thoroddsen, A. Perrella (all AlixPartners) re: next steps for
contract review
Telephone call with T. Thoroddsen, A. Perrella (all AlixPartners) re: next steps for
contract review
Review response from H. Loiseau (KServicing) re: executory contract review
Send correspondence to H. Loiseau, S. Kafiti, S. Moss (all KServicing) re: contract
review project to assumption lists
Update contract review and assumption tracking to send to KServicing
management for additional review
Review correspondence from J. Kearney (KServicing) re: certain contract
extensions
Review estimated cure payments
Review contracts assumptions schedule and supporting documents
Respond to S. Kafiti (KServicing) re: certain contract on rejection list
Review response from S. Kafiti (KServicing) re: explanation for purpose of certain
agreements
Review updated executory contract review from S. Moss (KServicing)
Review updates from H. Loiseau (KServicing) re: certain executory contracts
Send correspondence to C. Bentley (Weil) re: updated contract assumption list
Send follow up questions to S. Moss (KServicing) re: certain executory contracts
Update contract assumption list

HOURS
0.7
0.2
0.8
0.8
0.7
0.8
0.2
0.1
0.1
0.4
0.9
0.1
0.1
0.1
0.2
1.2
0.1
0.1
1.4
0.1
0.1
0.6
0.1
0.1
0.1
0.4


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 43 of 58

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

Re:
Code:

Executory Contracts
20006554P00002.1.14

DATE
02/08/2023

PROFESSIONAL
TBT

02/08/2023
02/08/2023

TBT
TBT

02/08/2023

TBT

02/09/2023

TBT

02/09/2023

TBT

02/10/2023

TBT

02/10/2023
02/10/2023
02/10/2023

TBT
TBT
TBT

02/10/2023
02/12/2023

TBT
TBT

02/14/2023

AP

02/14/2023
02/14/2023
02/14/2023
02/14/2023

AP
JN
JN
TBT

02/14/2023
02/14/2023
02/14/2023
02/14/2023
02/14/2023

TBT
TBT
TBT
TBT
TBT

02/14/2023

TBT

02/14/2023
02/15/2023
02/15/2023
02/15/2023

TBT
TBT
TBT
TBT

02/15/2023
02/15/2023

TBT
TBT

02/15/2023

TBT

02/19/2023

TBT

DESCRIPTION OF SERVICES
Prepare summary of potential contracts for assumption and assignment to other
servicer as requested by C. Bentley (Weil)
Review draft assumption schedule prepared by A. Perrella (AlixPartners)
Send correspondence to C. Bentley (Weil) and others re: draft assumption schedule
for plan supplement
Send correspondence to S. Kafiti, H. Loiseau, S. Moss (all KServicing) re:
potential agreements for assumption and assignment
Reconcile contracts on assumption list to contracts for servicing prepared by KS
operations team
Review updated for contract assumptions based on PPP transferring versus posteffective date servicing
Review correspondence from N. LoBiondo (AlixPartners) re: Allegis contract for
servicing scenarios
Review response from C. Bentley (Weil) re: contract assumptions
Send correspondence to C. Bentley (Weil) re: contract assumption list
Send correspondence to S. Kafiti, H. Loiseau and Susan Moss (all KServicing) re:
potential additional contract to be added to assumption list for contract workers
Send correspondence to T. Williams (KServicing) re: blackline
Send correspondence to S. Kafiti, H. Loiseau and S. Moss (all KServicing) re:
Allegis contract for servicing scenario
Telephone call with T. Thoroddsen, A. Perrella (both AlixPartners) re: exhibits for
potential assumed contracts for CUBI and CRB
Update contract assumptions schedule to be shared with Weil
Coordination of legacy loan sale communication with external parties
Review updated contract assumption schedule
Telephone call with T. Thoroddsen, A. Perrella (both AlixPartners) re: exhibits for
potential assumed contracts for CUBI and CRB
Review correspondence from C. Bentley (Weil) re: AWS contract
Review correspondence from S. Moss (KServicing) re: AWS
Send correspondence to C. Bentley (Weil) re: AWS
Send correspondence to C. Bentley (Weil) re: executory contracts
Send correspondence to C. Bentley (Weil) re: potential assumption schedules for
CBUI and CRB
Send correspondence to S. Kafiti, H. Loiseau, S. Moss (all KServicing) re: certain
contracts
Update assumption exhibit for two potential scenarios of assumed contracts
Review correspondence from J. Kearney (KServicing) re: AWS
Review correspondence from S. Kafiti (KServicing) re: AWS
Review schedules for potential assumption and assignment from A. Perrella
(AlixPartners)
Send correspondence to C. Bentley (Weil) and others re: certain contracts
Send correspondence to C. Bentley (Weil) re: contract listing to share with FED,
SBA, CUBI and CRB
Update schedule of potential contracts to be assumed and assigned as requested by
C. Bentley (Weil)
Send correspondence to C. Bentley (Weil) re: AWS

HOURS
0.5
0.3
0.1
0.1
0.2
0.3
0.1
0.1
0.1
0.1
0.1
0.1
0.3
1.6
0.6
0.4
0.3
0.1
0.1
0.1
0.1
0.1
0.1
0.5
0.1
0.1
0.2
0.1
0.1
0.5
0.1


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 44 of 58

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

Re:
Code:

Executory Contracts
20006554P00002.1.14

DATE
02/21/2023
02/21/2023
02/21/2023
02/21/2023
02/22/2023

PROFESSIONAL
TBT
TBT
TBT
TBT
AP

02/22/2023

AP

02/22/2023

TBT

02/22/2023

TBT

02/22/2023
02/28/2023

TBT
AP

02/28/2023

NL

02/28/2023

TBT

02/28/2023
TBT
02/28/2023
TBT
02/28/2023
TBT
02/28/2023
TBT
Total Professional Hours

DESCRIPTION OF SERVICES
Review contract documentation provided by AWS's counsel
Review correspondence from S. Kafiti (KServicing) re: AWS
Review correspondence from S. Moss (KServicing) re: AWS
Review updates from J. Kearney (KServicing) re: AWS
Attend call with S. Kafiti (KServicing) T. Thoroddsen, A. Perrella (both
AlixPartners) re: contract rejections
Attend call with T. Thoroddsen, A. Perrella (both AlixPartners) re: adjustments to
contract rejection schedule
Attend call with S. Kafiti (KServicing) T. Thoroddsen, A. Perrella (both
AlixPartners) re: contract rejections
Attend call with T. Thoroddsen, A. Perrella (both AlixPartners) re: adjustments to
contract rejection schedule
Review listing of potential IP related contracts for noticing
Attend call with S. Kafiti, S. Moss (all KServicing) T. Thoroddsen, A. Perrella and
N. LoBiondo (all AlixPartners) re: IP contract rejections
Attend call with S. Kafiti, S. Moss (all KServicing) T. Thoroddsen, A. Perrella and
N. LoBiondo (all AlixPartners) re: IP contract rejections
Attend call with S. Kafiti, S. Moss (all KServicing) T. Thoroddsen, A. Perrella and
N. LoBiondo (all AlixPartners) re: IP contract rejections
Review correspondence from C. Bentley (Weil) re: IP contracts
Review correspondence from L. Castillo (Weil) re: Salesforce assumption
Review correspondence from S. Kafiti (KServicing) re: executory contracts
Send correspondence to C. Bentley (Weil), Z. Shapiro (RLF) re; IP contracts

HOURS
0.1
0.1
0.1
0.1
0.6
0.4
0.6
0.4
0.5
0.5
0.5
0.5
0.1
0.1
0.1
0.1
22.9


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 45 of 58

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

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

Executory Contracts
20006554P00002.1.14
RATE
$1,020
$950
$605
$605

HOURS
3.2
14.0
4.4
1.3
22.9

$

$

FEES
3,264.00
13,300.00
2,662.00
786.50
20,012.50


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 46 of 58

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
02/01/2023
02/01/2023

PROFESSIONAL
TBT
TBT

02/01/2023
02/01/2023

TBT
TBT

02/01/2023

TBT

02/01/2023
02/02/2023

TBT
TBT

02/02/2023

TBT

02/02/2023
02/02/2023

TBT
TBT

02/03/2023
02/03/2023
02/03/2023
02/03/2023

TBT
TBT
TBT
TBT

02/03/2023

TBT

02/03/2023
02/06/2023

TBT
AP

02/06/2023

TBT

02/07/2023

AP

02/07/2023

TBT

02/07/2023
02/07/2023
02/07/2023

TBT
TBT
TBT

02/10/2023
02/10/2023
02/13/2023
02/13/2023
02/13/2023

TBT
TBT
TBT
TBT
TBT

02/13/2023
02/13/2023
02/13/2023
02/14/2023

TBT
TBT
TBT
TBT

DESCRIPTION OF SERVICES
Request backup for certain guarantee payment for certain borrower claim
Review additional information received from S. Moss (KServicing) re: certain
borrower claims
Review updated borrower claims analysis from A. Perrella (AlixPartners)
Send correspondence to A. Ham, E. Ruocco, L. Castillo (all Weil) re: certain
wrong debtor claim
Send correspondence to J. Mullaney (KServicing) re: status of certain borrower
claim
Telephone call with S. Moss (KServicing) re: claims review
Review backup from J. Arnold (KServicing) re: borrower communications about
loan forgiveness process
Review confirmation from J. Mullaney (KServicing) re: loan guarantee purchase
data for certain claim
Send correspondence to J. Arnold (KServicing) re: loan process for certain
Send correspondence to L. Castillo, E. Ruocco (both KServicing) re: the Juneau
claim
Review amended complaint filed by Mr Cole Ratius Intelligence, Inc.
Review correspondence from H. Loiseau (KServicing) re: Ratias claim
Review correspondence from K. Steverson (Omni) re: updated claims register
Send correspondence to D. Brown, L. McNeill (Alston & Bird) re: Cole Ratias
claim copies
Send correspondence to E. Ruocco, L. Castillo (both Weil) re: Cole Ratias
amended complaint
Update claims tracking with latest claims register
Telephone call with T. Thoroddsen, A. Perrella (both AlixPartners) re: schedules
for 1st omnibus objections for voting purposes
Telephone call with T. Thoroddsen, A. Perrella (both AlixPartners) re: schedules
for 1st omnibus objections for voting purposes
Working session with T. Thoroddsen, A. Perrella (all AlixPartners) re: reviewing
schedules for omnibus objections for voting purposes
Working session with T. Thoroddsen, A. Perrella (all AlixPartners) re: reviewing
schedules for omnibus objections for voting purposes
Review declaration in support of 1st omnibus objection to voting
Review first omnibus objection for voting purposes
Send correspondence to L. Castillo, E. Ruocco (both Weil) re: 1st omnibus
objection for voting purposes
Review correspondence from T. Bullet (Windham Brannon) re: California taxes
Review tax payments against claims
Prepare summary of satisfied claims as requested by L. Castillo (Weil)
Review declaration for claims objection for voting purposes
Review latest claims register for claim count and total asserted claims for claim
objection
Review updated draft omnibus objection for voting purposes
Send correspondence to L. Castillo (Weil) re: claims objection for voting purposes
Telephone call with L. Castillo (Weil) re: satisfied claims objection
Review final draft of objection and declaration for voting purposes

HOURS
0.1
0.2
0.2
0.1
0.1
0.3
0.1
0.1
0.1
0.1
0.6
0.1
0.1
0.3
0.1
0.5
0.1
0.1
0.2
0.2
0.4
0.4
0.1
0.1
0.2
0.5
0.4
0.2
0.3
0.1
0.1
0.4


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 47 of 58

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
02/14/2023

PROFESSIONAL
TBT

02/14/2023

TBT

02/14/2023

TBT

02/15/2023

TBT

02/17/2023
02/17/2023

TBT
TBT

02/17/2023
02/17/2023
02/17/2023

TBT
TBT
TBT

02/17/2023

TBT

02/17/2023
02/17/2023
02/17/2023

TBT
TBT
TBT

02/17/2023

TBT

02/18/2023

TBT

02/21/2023
02/21/2023
02/21/2023
02/21/2023
02/21/2023
02/21/2023
02/21/2023

TBT
TBT
TBT
TBT
TBT
TBT
TBT

02/21/2023
02/22/2023
02/24/2023

TBT
TBT
AP

02/24/2023

TBT

02/24/2023

TBT

02/24/2023
02/24/2023
02/24/2023
02/24/2023

TBT
TBT
TBT
TBT

DESCRIPTION OF SERVICES
Send correspondence to L. Castillo (Weil) re: omnibus objection for voting
purposes
Send correspondence to L. Castillo (Weil) re: payment dates for satisfaction
objection
Send correspondence to T. Williams (KServicing) re: payment dates for certain tax
payments
Send correspondence to L. Castillo (Weil) and Z. Shapiro (RLF) re: 1st omnibus
objection response deadline
Respond to L. Castillo (Weil) re: objection to Juneau Group's administrative claim
Review certification of no objection regarding Debtors' first omnibus objection to
certain misclassified claims
Review correspondence from C. Bentley (Weil) re: outreach to certain claimant
Review correspondence from L. Castillo (Weil) re: notice of satisfaction
Review Debtors' objection to the motion of the Juneau Group, LLC for allowance
of administrative expense claim
Review declaration in support of Debtors' objection to Juneau Group's
administrative claim
Review order approving 1st omnibus objection
Review payment data available for satisfied claims
Review updates from A. Perrella (AlixPartners) re: actual payment data for notice
of satisfaction
Send correspondence to L. Castillo (Weil) re: payment data for notice of
satisfaction as requested
Send correspondence to J. Mullaney, T. Williams (both KServicing) re: cashier
checks for Pennsylvania as requested by L. Castillo (Weil)
Respond to C. Bentley (Weil) re: Juneau claims objection
Respond to J. Mullaney (KServicing) re: satisfaction payment of certain claim
Send correspondence to C. Bentley (Weil) and others re: updated claims analysis
Send correspondence to K. Steverson (Omni) re: updated claims register
Send correspondence to L. Castillo (Weil) re: backup for certain claim payment
Send correspondence to L. Castillo (Weil) re: payments detailed for satisfied claims
Send summary of new claims filed since 1st omnibus objection as requested by C.
Bentley (Weil)
Update claims analysis as requested by C. Bentley (Weil)
Review additional documentation filed by the Juneau Group related to equity
Call with T. Thoroddsen, A. Perrella (both AlixPartners) re: next reclassification
objections
Call with T. Thoroddsen, A. Perrella (both AlixPartners) re: next reclassification
objections
Respond to J. Nelson (AlixPartners) re: status of preservation of data for claims
review
Respond to L. Castillo (Weil) re: next reclassification objections
Review correspondence from J. Arnold (KServicing) re: PPP loan processing
Review correspondence from L. Castillo (Weil) re: next reclassification objections
Review information related to the Juneau Group PPP loan historical status

HOURS
0.1
0.1
0.1
0.1
0.1
0.2
0.1
0.1
0.4
0.2
0.1
0.3
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.2
0.2
1.4
0.2
0.2
0.2
0.1
0.1
0.1
0.2
0.4


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 48 of 58

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
02/24/2023

PROFESSIONAL
TBT

02/24/2023
02/24/2023
02/25/2023

TBT
TBT
TBT

02/27/2023
02/27/2023

AP
TBT

02/27/2023

TBT

Total Professional Hours

DESCRIPTION OF SERVICES
Send correspondence to J. Arnold (KServicing) re: process for loan forgiveness and
guarantee purchase
Send latest claims analysis to C. Bentley, L. Castillo (both Weil) and others
Update claims analysis with latest claims report
Attend call with R. Slack, C. Bentley, C. Bonk (all Weil) Z. Shapiro (RLF) re: prep
for Monday's hearing
Review claims filed by borrowers for objections
Attend meeting at RLF's office with R. Slack, C. Bentley, N. Hwangpo (all Weil)
Z. Shapiro (RLF) T. Thoroddsen (all AlixPartners) and others to prepare for
hearing on the Juneau Group's administrative claim
Send correspondence to S. Moss (KServicing) re: next reclassification claims
objections

HOURS
0.2
0.1
0.8
1.4
1.3
1.5
0.1
18.3


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 49 of 58

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

Claims Process / Avoidance Actions
20006554P00002.1.15
RATE
$950
$605

HOURS
16.5
1.8
18.3

$
$

FEES
15,675.00
1,089.00
16,764.00


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 50 of 58

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
PROFESSIONAL
02/27/2023
DCR
02/27/2023
JN
02/27/2023
TBT
Total Professional Hours

DESCRIPTION OF SERVICES
Listen in to court hearing re: Juneau Group's administrative claim
Attend court hearing re: Juneau Group's administrative claim
Attend court hearing re: Juneau Group's administrative claim

HOURS
0.2
0.2
0.2
0.6


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 51 of 58

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
0.2
0.2
0.2
0.6

$

$

FEES
244.00
204.00
190.00
638.00


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 52 of 58

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

Re:
Code:

Fee Statements & Fee Applications
20006554P00002.1.20

DATE
02/07/2023

PROFESSIONAL
LMB

02/07/2023
02/09/2023
02/09/2023
02/09/2023
02/10/2023
02/10/2023
02/10/2023
02/13/2023

LMB
LCV
LMB
LMB
HES
JN
LMB
LMB

02/13/2023
02/14/2023

LMB
LMB

02/14/2023
02/16/2023
02/16/2023
02/16/2023
02/16/2023
02/19/2023
02/19/2023
02/21/2023
02/21/2023
02/21/2023
02/22/2023
02/23/2023
02/24/2023

LMB
AP
JN
LMB
LMB
LMB
LMB
KAS
LMB
LMB
JN
ESK
LMB

02/24/2023
LMB
02/24/2023
LMB
Total Professional Hours

DESCRIPTION OF SERVICES
Prepare First Interim Fee Application (October 3, 2022 through December 31,
2022), supporting schedules and exhibits
Update fee application status chart
Prepare professional fees for January 2023 monthly fee application
Prepare professional fees for January 2023 fee application
Revise First Interim Fee Application
Revise First Interim Fee Application
Revise First Interim Fee Application
Finalize First Interim Fee Application
Email to E. Hwangpo (Weil) attaching First Interim Fee Application for filing on
the Court docket
Revise First Interim Fee Application
Email to J. McMillian (Weil) attaching First Interim Fee Application for filing on
the Court docket
Finalize First Interim Fee Application
Analyze professional fees for January 2023 monthly fee application
Analyze professional fees for January 2023 monthly fee application
Prepare professional fees for January 2023 monthly fee application
Revise First Interim Fee Application
Prepare Fourth Monthly Fee Application (January 2023)
Prepare schedule/exhibit workbook for January 2023 monthly fee application
Review Fourth Monthly Fee Application (January 2023)
Continue preparation of Fourth Monthly Fee Application (January 2023)
Update fee application status chart
Revise January monthly fee application
Review January 2023 monthly fee application
Email to Weil team attaching Fourth Monthly Fee Statement (January 2023) for
filing on the Court docket
Finalize Fourth Monthly Fee Application, supporting schedules and exhibits
Update fee application summary chart

HOURS
2.2
0.2
2.7
1.3
0.6
0.4
1.3
0.6
0.2
0.3
0.2
0.3
2.6
0.6
1.5
0.2
1.3
0.8
0.4
0.7
0.2
1.3
0.3
0.2
0.4
0.2
21.0


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 53 of 58

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

HOURS
3.2
0.4
2.6
11.4
21.0

$

$

FEES
3,264.00
220.00
1,573.00
5,700.00
10,757.00


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 54 of 58

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

Re:
Code:

Loan Transfer Activities
20006554P00002.1.21

DATE
02/01/2023

PROFESSIONAL
JN

02/01/2023

JN

02/01/2023

NL

02/06/2023

JN

02/06/2023
02/06/2023

JN
JMK

02/07/2023
02/09/2023

JN
DCR

02/09/2023

JN

02/09/2023

JN

02/09/2023

JMK

02/10/2023
02/13/2023

JN
JN

02/13/2023

JN

02/13/2023
02/13/2023

JN
JMK

02/14/2023
02/14/2023

JN
JN

DESCRIPTION OF SERVICES
Attend call with D. Evans (KServicing) J. Nelson, N. LoBiondo (all AlixPartners)
re: loan transfer activities and related costs
Review transition headcount and cost estimates draft plan from KServicing
management
Attend call with D. Evans (KServicing) J. Nelson, N. LoBiondo (all AlixPartners)
re: loan transfer activities and related costs
Attend call with C. Arthur, C. Bentley (both Weil) S. Kafiti, D. Evans, J. Kearney
(all KServicing) J. Nelson, J. Katsigeorgis (both AlixPartners) re: loan portfolio
transition plan and workstreams
Review KServicing management team transition plan
Attend call with C. Arthur, C. Bentley (both Weil) S. Kafiti, D. Evans, J. Kearney
(all KServicing) J. Nelson, J. Katsigeorgis (both AlixPartners) re: loan portfolio
transition plan and workstreams
Prepare responses to PPPLF questions about loan transition
Telephone call with C. Arthur, N. Hwangpo, C. Bentley, E. Ruocco (all Weil) L.
Milner, H. Loiseau, S. Kafiti, D. Evans, J. Dods, T. Keefe (all KServicing) L.
Schweitzer, M. Levington, A. Lotty, M. Sanders, R. Minott (all Cleary) D.
Kurzweil (Chilmark) J. Alfano, T. deClercq, P. Lissia, K. Walters, M. Craig, K.
Everett, K. Sun (all Lendistry) A. Kytonen, T. Morello. J. Yanish, D. Xu, B.
Parker, T. Hueg, B. Phillips, A. Ricketts (all Fed Res) Z. Shapiro (RLF) D. RiegerPaganis, J. Nelson (both AlixPartners) re: loan trans data & activities
Telephone call with C. Arthur, N. Hwangpo, C. Bentley, E. Ruocco (all Weil) L.
Milner, H. Loiseau, S. Kafiti, D. Evans, J. Dods, T. Keefe (all KServicing) L.
Schweitzer, M. Levington, A. Lotty, M. Sanders, R. Minott (all Cleary) D.
Kurzweil (Chilmark) J. Alfano, T. deClercq, P. Lissia, K. Walters, M. Craig, K.
Everett, K. Sun (all Lendistry) A. Kytonen, T. Morello. J. Yanish, D. Xu, B.
Parker, T. Hueg, B. Phillips, A. Ricketts (all Fed Res) Z. Shapiro (RLF) D. RiegerPaganis, J. Nelson (both AlixPartners) re: loan trans data & activities
Attend call with N. Hwangpo, C. Bentley (both Weil) S. Kafiti, H. Loiseau, D.
Evans, J. Kearney (all KServicing) J. Nelson, J. Katsigeorgis (both AlixPartners)
re: loan data transfer process and timing
Attend call with N. Hwangpo, C. Bentley (both Weil) S. Kafiti, H. Loiseau, D.
Evans, J. Kearney (all KServicing) J. Nelson, J. Katsigeorgis (both AlixPartners)
re: loan data transfer process and timing
Review KS transition plan and support documents
Attend call with C. Arthur, N. Hwangpo, C. Bentley (all Weil) S. Kafiti, D. Evans,
H. Loiseau, L. Milner (all KServicing) J. Nelson, J. Katsigeorgis (both
AlixPartners) re: loan data transfer process and timing for 3rd party servicers
Conduct research regarding PPPLF/Lendistry loan portfolio due diligence
requests/questions
Conducted research regarding CUBI loan transition requests
Attend call with C. Arthur, N. Hwangpo, C. Bentley (all Weil) S. Kafiti, D. Evans,
H. Loiseau, L. Milner (all KServicing) J. Nelson, J. Katsigeorgis (both
AlixPartners) re: loan data transfer process and timing for 3rd party servicers
Attend call with C. Bentley (Weil) re: loan transfer activities
Review updated KServicing management team transition plan

HOURS
0.8
0.4
0.8
1.0
0.7
1.0
0.7
1.3

1.3

1.1
1.1
1.2
1.1
1.6
1.1
1.1
0.2
0.5


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 55 of 58

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

Re:
Code:

Loan Transfer Activities
20006554P00002.1.21

DATE
02/16/2023

PROFESSIONAL
JN

02/23/2023
02/24/2023

JN
AP

02/24/2023

JN

02/24/2023

JMK

02/24/2023

TBT

02/27/2023

JN

02/27/2023
JN
02/28/2023
JN
Total Professional Hours

DESCRIPTION OF SERVICES
Attend call with N. Hwangpo, C. Bentley (all Weil) L. Milner, H. Loiseau, S.
Kafiti, C. Oduour, J. Arnold (all KServicing) re: loan transfer activities for Fed and
partner banks
Attend call with C. Oduor (KServicing) re: loan transfer activities
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) T.
Thoroddsen, J. Katsigeorgis, A. Perrella (all AlixPartners) re: legacy loan analysis
and outstanding loan GP process
Attend call with CRB/Summit team with C. Arthur, N. Hwangpo, C. Bentley (all
Weil) L. Milner, H. Loiseau, S. Kafiti, J. Dods, T. Keefe, C. Oduor (all
KServicing) M. Sheck, I. Nesser, R. Longtin (all Quinn) Z. Shapiro (all RLF) re:
loan file data transfer process
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) T.
Thoroddsen, J. Katsigeorgis, A. Perrella (all AlixPartners) re: legacy loan analysis
and outstanding loan GP process
Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) T.
Thoroddsen, J. Katsigeorgis, A. Perrella (all AlixPartners) re: legacy loan analysis
and outstanding loan GP process
Attend call with N. Hwangpo, C. Bentley (all Weil) L. Milner, S. Kafiti, H.
Loiseau, J. Arnold, J. Kearney, D. Evans (all KServicing) re: loan transition
Prepare updates to transition team coordination materials
Review draft PPPLF loan transfer agreement

HOURS
0.9
0.5
0.1
0.7

0.1
0.1
0.8
0.9
0.6
21.7


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 56 of 58

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

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

HOURS
1.3
16.1
0.1
3.3
0.1
0.8
21.7

$

$

FEES
1,586.00
16,422.00
95.00
2,838.00
60.50
484.00
21,485.50


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 57 of 58

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

Re:
Code:

Travel Time
20006554P00002.1.31

DATE
PROFESSIONAL
02/07/2023
JN
02/09/2023
JN
02/15/2023
JN
02/17/2023
JN
02/26/2023
TBT
Total Professional Hours

DESCRIPTION OF SERVICES
Travel from Boston to New York City for engagement team meetings
Travel from New York City to Boston following engagement team meetings
Travel from Boston to New York City for engagement team meetings
Travel from New York City to Boston after engagement team meetings
Travel from Ocala, FL to Wilmington, Delaware for Court hearing

HOURS
3.0
3.0
3.5
3.5
7.0
20.0


Case 22-10951-CTG

Doc 736-2

Filed 03/29/23

Page 58 of 58

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

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

Travel Time
20006554P00002.1.31
RATE
$1,020
$950

HOURS
13.0
7.0
20.0

$
$
$
$

FEES
13,260.00
6,650.00
19,910.00
(9,955.00)
9,955.00

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