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In re Kabbage (KServicing) — Summary of Budgeted vs. Billed Fees and Hours (Exhibit F)

Date
2023-05-15

Summary

Exhibit F, filed May 15, 2023 as Doc 824-6 in Case 22-10951-CTG, a one-page summary of fees and hours budgeted compared with fees and hours billed. The table breaks the figures out by project category, including meetings, executory contracts, plan of reorganization and disclosure statement, claims administration, court hearings, and litigation and adversary proceedings. Billed figures include Plan of Reorganization/Disclosure Statement at $374,272.50 for 444.9 hours and Court Hearings at $249,737.00 for 360.1 hours. The totals show 1,375.0 hours and $1,158,437.50 budgeted against 1,330.5 hours and $1,019,028.50 billed.

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Cite this document

“In re Kabbage (KServicing) — Summary of Budgeted vs. Billed Fees and Hours (Exhibit F).” Original at archive.org, dated 2023-05-15. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2023-05-15-kservicing-bankruptcy-08fc1e7a-1/, SHA-256 08fc1e7a8a95069022674a794472b690426eded32efa3a2a861b7a7bfa3b422c.

Full text

               Case 22-10951-CTG     Doc 824-6   Filed 05/15/23   Page 1 of 1




                                         Exhibit F

               Summary of Fees/Hours Budgeted Compared with Fee/Hours Billed


                                    Budgeted     Billed
          Project Category                                  Budgeted Fees    Billed Fees
                                     Hours       Hours

 Case Administration                  20.0           18.9    $16,850.00      $11,176.50
 Creditor Inquiries                    5.0            9.4     $4,212.50      $5,667.00
 Meetings                             100.0          95.2    $84,250.00      $89,092.00
 Executory Contracts/Unexpired
                                      35.0           38.7    $29,487.50      $30,196.00
 Leases
 Automatic Stay/Adequate
                                       5.0           0.0      $4,212.50         $0.00
 Protection
 Plan of
 Reorganization/Disclosure            500.0      444.9       $421,250.00    $374,272.50
 Statement
 Use, Sale, Lease of Assets            10.0       32.4         $8,425.00     $25,040.50
 Cash Collateral/DIP Financing          5.0        4.0         $4,212.50      $3,180.00
 Claims Administration                 80.0       87.1        $67,400.00     $63,525.00
 Court Hearings                       350.0      360.1       $294,875.00    $249,737.00
 General Corporate/Real Estate         5.0        0.1         $4,212.50        $99.50
 Schedules/SOFA/U.S. Trustee
                                      10.0           8.3      $8,425.00      $5,174.50
 Reports
 Employee Issues                       5.0           0.0      $4,212.50         $0.00
 Environmental                         5.0           0.0      $4,212.50         $0.00
 Tax Issues                            5.0           0.0      $4,212.50         $0.00
 Litigation/Adversary
                                      100.0      110.2       $84,250.00      $93,546.00
 Proceedings
 RL&F Retention                        5.0         0.0        $4,212.50         $0.00
 Retention of Others                   10.0        13.5       $8,425.00       $9,006.50
 RL&F Fee Applications                 45.0        44.8      $37,912.50      $25,933.00
 Fee Applications of Others            60.0        62.9      $50,550.00      $33,382.50
 Vendor/Suppliers                      5.0         0.0        $4,212.50         $0.00
 Non-Working Travel                    0.0         0.0          $0.00           $0.00
 Utilities                             5.0         0.0        $4,212.50         $0.00
 Insurance                             5.0         0.0        $4,212.50         $0.00
 TOTAL                               1,375.0     1,330.5    $1,158,437.50   $1,019,028.50




RLF1 28783677v.1


File and source

File
gov.uscourts.deb.188293.824.6.pdf
Size
113,845 bytes
SHA-256
08fc1e7a8a95069022674a794472b690426eded32efa3a2a861b7a7bfa3b422c
Our copy
gov.uscourts.deb.188293.824.6.pdf
Original
archive.org
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