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Order - Kservicing Bankruptcy (2023-05-08)

Date
2023-05-08

Summary

Doc 808-2, filed May 8, 2023 in Case 22-10951-CTG, is Exhibit A: a Jones Day invoice to KServicing Corporation for legal services rendered through March 31, 2023, dated April 25, 2023. It reports 44.70 hours of fees totaling USD 40,752.50 and disbursements of USD 10,881.67, for a total of USD 51,634.17. Fees are grouped under Case Administration, Department of Justice Investigations, Professional Retention/Fee Issues and Fee Application Preparation, with Department of Justice Investigations accounting for 37.80 hours and USD 34,357.50. It includes a timekeeper summary with hourly rates and daily time entries describing work on a civil investigative demand response, settlement discussions with the Department of Justice and fee applications.

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Full text

Case 22-10951-CTG   Doc 808-2   Filed 05/08/23   Page 1 of 6




                       Exhibit A
             Case 22-10951-CTG         Doc 808-2       Filed 05/08/23     Page 2 of 6


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


April 25, 2023                                                                              102496
                                                                                Invoice: 231602021
KServicing Corporation
925B Peachtree Street NE
Suite 1688
Atlanta, GA 30309
United States of America

For legal services rendered for the period through March 31, 2023:


                                                                 Hours                    Amount


Case Administration                                                0.70                     332.50
Department of Justice Investigations                              37.80                  34,357.50
Professional Retention/Fee Issues                                  2.20                   2,567.50
Fee Application Preparation                                        4.00                   3,495.00

Total Fees                                                        44.70 USD              40,752.50

                                Disbursement & Charges Summary

Consultants and Agents Fees                                   5,928.75
Hosting Charges                                               4,952.92

                                                                          USD            10,881.67
TOTAL                                                                     USD            51,634.17




                                        Please remit payment to:
                        PLEASE REFERENCE 102496/231602021 WITH YOUR PAYMENT
               Case 22-10951-CTG       Doc 808-2    Filed 05/08/23   Page 3 of 6

                                        JONES DAY
102496                                                                                  Page: 2
                                                                                 April 25, 2023
KServicing Corporation                                                      Invoice: 231602021


                        Timekeeper/Fee Earner Summary – March 31, 2023

Timekeeper/Fee Earner                        Bar
Name                       Title             Year         Hours           Rate           Amount

 A E Lelling               Partner           1996         10.30       1,400.00          14,420.00
 D J Merrett               Partner           2007          4.30       1,200.00           5,160.00

Total                                                     14.60                         19,580.00

 B N Wilhelm               Associate         2017         27.50          725.00         19,937.50

Total                                                     27.50                         19,937.50

 C L Smith                 Paralegal                       2.60          475.00          1,235.00

Total                                                      2.60                          1,235.00


Total                                                     44.70           USD           40,752.50
              Case 22-10951-CTG                Doc 808-2         Filed 05/08/23         Page 4 of 6

                                                 JONES DAY
102496                                                                                                     Page: 3
                                                                                                    April 25, 2023
KServicing Corporation                                                                         Invoice: 231602021


                                                     Fee Detail

Date of Service           Timekeeper/Fee Earner Name                        Hours                             Amount

Case Administration

03/06/23                C L Smith                                            0.20                             95.00
        Review and distribute docket (.10); obtain recently filed documents and update electronic file management
        system with same (.10).

03/13/23                C L Smith                                            0.20                             95.00
        Review and distribute docket (.10); obtain recently filed documents and update electronic file management
        system with same (.10).

03/20/23                C L Smith                                            0.20                             95.00
        Review and distribute docket (.10); obtain recently filed documents and update electronic file management
        system with same (.10).

03/27/23                C L Smith                                             0.10                               47.50
        Review and distribute docket.

                          Matter Total                                        0.70            USD               332.50


Department of Justice Investigations

03/01/23                A E Lelling                                      0.70                                   980.00
        Analyze petition to enforce CID (.40); communicate with Wilhelm concerning same (.30).

03/20/23             B N Wilhelm                                          0.70                              507.50
        Communicate with Lelling and Hall (Jamila Hall Law) regarding response to civil investigative demand.

03/21/23               A E Lelling                                         0.60                                 840.00
        Review CID in Boston matter and court order related to CID (.20); research on CID issues (.40).

03/22/23                   A E Lelling                                       2.10                              2,940.00
        Call with Demitrack concerning production issues (.30); call with Willhelm regarding production issues (.30);
        conference call with Department of Justice lawyers, Arthur (Weil), Hall, Wilhelm, concerning production
        issues (.60); follow up call with Wilhelm concerning production issues (.40); follow up email to Hall,
        Wilhelm and Arthur concerning production issues (.50).

03/22/23                  B N Wilhelm                                          1.80                         1,305.00
        Communicate with Lelling regarding status of civil investigative demand response and pending court order
        (0.5); call with Arthur and Hwangpo (Weil), LaMacchia, Loucks, and Seol (DOJ), Hall (Jamila Hall Law) and
        Lelling regarding response to civil investigative demand (0.5); analyze civil investigative demand
        interrogatories (0.3); call with Arthur and Hwangpo (Weil), Loiseau (KServicing), and Hall (Jamila Hall Law)
        regarding strategy of response to DOJ (0.5).

03/23/23                 A E Lelling                                      1.10                           1,540.00
        Coordinate with Wilhelm concerning CID production issues (.30); review and analyze CID, related court
        order and related correspondence (.40); correspondence with Wilhelm and Hall concerning production
        issues (.30).

03/23/23                B N Wilhelm                                            1.60                           1,160.00
        Research case law regarding interaction of attorney-client privilege and Rule 408.
              Case 22-10951-CTG                Doc 808-2          Filed 05/08/23         Page 5 of 6

                                                  JONES DAY
102496                                                                                                       Page: 4
                                                                                                      April 25, 2023
KServicing Corporation                                                                           Invoice: 231602021


Date of Service           Timekeeper/Fee Earner Name                         Hours                              Amount


03/24/23                 B N Wilhelm                                         1.60                             1,160.00
        Strategize with Lelling and Hall (Jamila Hall Law) regarding response to civil investigative demand (0.7);
        communicate with Pintilie, Fresch, and Klass (Forensic Risk Alliance) regarding updated loan list (0.4); call
        with Arthur and Hwangpo (Weil), Hall (Jamila Hall Law), and LaMacchia, Loucks, Seol, and Gesmundo
        (DOJ) regarding settlement discussions (0.5).

03/27/23                 A E Lelling                                            1.60                        2,240.00
        Prepare for (.40) and participate in (.50) call with Hall, Wilhelm, Loiseau, Hwangpo and Arthur concerning
        DOJ settlement process and document requests; follow up email with Wilhelm and Hall concerning
        production issues (.30); call with Wilhelm concerning production issues (.40).

03/28/23                 B N Wilhelm                                           2.70                              1,957.50
        Call with Arthur and Hwangpo (Weil), Lelling, Hall (Jamila Hall Law), and Loiseau (KServicing) regarding
        DOJ settlement discussions and term sheet (0.5); communicate with Hall (Jamila Hall Law) and Lelling
        regarding strategy for civil investigative demand response (0.5); begin outlining civil investigative demand
        response (1.7).

03/28/23                 B N Wilhelm                                     0.50                              362.50
        Call with Kelkar (Dentons) and DOJ regarding preparation of KServicing witness for testimony in criminal
        trial.

03/29/23                 A E Lelling                                     2.30                         3,220.00
        Review and comment on DOJ term sheet drafts, proposals regarding SBA, and proposals regarding CID
        responses (1.80); responses to Wilhelm concerning government responses (.50).

03/29/23                 B N Wilhelm                                          6.30                            4,567.50
        Draft detailed response to civil investigative demand outlining history related to document request and
        responding to interrogatories (5.8); communicate with Pintilie, Fresch, and Klass (Forensic Risk Alliance)
        regarding follow-up questions on loan list (0.5).

03/30/23                A E Lelling                                       1.90                             2,660.00
        Call with Wilhelm concerning CID responses to DOJ (.60); revise draft letter and interrogatory response to
        DOJ (1.30).

03/30/23                 B N Wilhelm                                           6.50                            4,712.50
        Call with Loucks, LaMacchia, Seol, and Gesmundo (DOJ), Arthur and Hwangpo (Weil), Hall (Jamila Hall
        Law), and Lelling regarding status of settlement discussions (0.5); participate in settlement conference with
        DOJ (3.8); draft appendix to civil investigative demand response letter detailing loan list (2.2).

03/30/23             B N Wilhelm                                          1.00                           725.00
        Communicate with Lelling and Hall (Jamila Hall Law) regarding issues from DOJ settlement conference.

03/31/23                   B N Wilhelm                                      4.80                           3,480.00
        Finalize letter response to DOJ civil investigative demand and appendix (1.2); analyze communications from
        Loucks, LaMacchia, and Seol (DOJ) in response to CID response (0.8); revise draft DOJ term sheet based
        on communications with Loiseau (KServicing) and Hall (Jamila Hall Law) (2.8).

                          Matter Total                                        37.80             USD           34,357.50


Professional Retention/Fee Issues
              Case 22-10951-CTG               Doc 808-2         Filed 05/08/23         Page 6 of 6

                                                 JONES DAY
102496                                                                                                     Page: 5
                                                                                                    April 25, 2023
KServicing Corporation                                                                         Invoice: 231602021


Date of Service          Timekeeper/Fee Earner Name                        Hours                             Amount

03/01/23             D J Merrett                                          0.20                                 240.00
        Communicate with Perrella (Alix) regarding February fee estimate.

03/02/23               C L Smith                                          0.10                                  47.50
        Emails with Raymond, Clay regarding receipt of payment and related matters.

03/09/23                 D J Merrett                                    0.60                               720.00
        Communicate with Milana (RLF) regarding fee issues (.20); communicate with Perrella (Alix) regarding
        budget (.20); review summary of same (.20).

03/20/23                D J Merrett                                        1.30                             1,560.00
        Review and revise budget and staffing plan (1.10); communicate with Perrella (Alix) regarding same (.20).

                         Matter Total                                        2.20             USD            2,567.50


Fee Application Preparation

03/06/23                D J Merrett                                    0.40                              480.00
        Communicate with Shapiro (RLF) regarding docketing of fourth monthly fee application (.20); communicate
        with Smith regarding same (.20).

03/20/23                C L Smith                                         0.10                                  47.50
        Emails with Clay, Merrett regarding Jones Day February 2023 invoice matters.

03/22/23                  C L Smith                                         1.10                          522.50
        Review and comment on invoice for privilege and compliance (.10); communications with Merrett regarding
        monthly application (.20); review confirmation order in connection with same (.10); draft monthly
        application (.70).

03/24/23                D J Merrett                                        1.20                           1,440.00
        Review and revise February fee application (1.10); communicate with Lelling regarding same (.10).

03/24/23                C L Smith                                            0.40                               190.00
        Revise monthly application (.20); draft email to Merrett regarding same (.10); emails with Clay regarding
        information for monthly application (.10).

03/27/23                D J Merrett                                         0.60                               720.00
        Finalize February fee application (.40); communicate with Shapiro (RLF) regarding same (.20).

03/27/23             C L Smith                                           0.20                                   95.00
        Communications with Clay regarding information for monthly application (.10); review same (.10).

                         Matter Total                                        4.00             USD            3,495.00


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