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Home Source documents Exhibit B: Fees and Hours Budgeted Compared to Billed, Second Interim Period (Greenberg Traurig) — In re Kabbage, Inc. d/b/a KServicing, Case 22-10951-CTG, Doc. 822-3 (Filed 05/15/23)

Exhibit B: Fees and Hours Budgeted Compared to Billed, Second Interim Period (Greenberg Traurig) — In re Kabbage, Inc. d/b/a KServicing, Case 22-10951-CTG, Doc. 822-3 (Filed 05/15/23)

Summary

Greenberg Traurig, LLP billed 219.8 hours and $201,666.00 against a budget of 295 hours and $272,875.00 during the second interim period in Case 22-10951-CTG, per Exhibit B to Doc 822-3 filed 05/15/23, with Board and Corporate Governance the largest category at 111.4 hours and $101,716.50 against $138,750.00 estimated. Employment and Fee Applications exceeded its 35.00 budgeted hours at 36.2, and the actual blended hourly rate for shareholders was $1,518.59 against $1,453.33 estimated, with 5 shareholders working against 3 expected.

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Date
2023-05-15

Cite this document

“Exhibit B: Fees and Hours Budgeted Compared to Billed, Second Interim Period (Greenberg Traurig) — In re Kabbage, Inc. d/b/a KServicing, Case 22-10951-CTG, Doc. 822-3 (Filed 05/15/23).” Original at archive.org, dated 2023-05-15. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2023-05-15-kservicing-bankruptcy-b6f92c9e-1/, SHA-256 b6f92c9eeec9dcf430295bf5cf0b930c846ae9c08d820c35764b0137ad353554.

Full text

                            Case 22-10951-CTG    Doc 822-3       Filed 05/15/23   Page 1 of 1




                                                     Exhibit B

                          Comparison of Fees and Hours Budgeted to Fees and Hours
                                  Billed During the Second Interim Period
                                          Greenberg Traurig, LLP

 Task                                                    Estimated         Actual        Estimated
                          Project Category                                                                Actual Fees
 Code                                                     Hours          Hours Billed      Fees
KS003    Employment and Fee Applications                     35.00           36.2        $32,375.00       $21,741.00
KS005    Board and Corporate Governance                      150.00          111.4       $138,750.00      $101,716.50
KS006    Plan and Disclosure Statement                       80.00           53.3        $74,000.00       $60,516.50
KS007    Court Hearings                                      30.00           18.9        $27,750.00       $17,692.00
Total:                                                        295            219.8       $272,875.00      $201,666.00


                                       Number of         Actual
                                      Timekeepers      Number of         Estimated
                 Category of        Expected to Work Timekeepers          Average        Actual Blended
                 Timekeeper         on Matter During   During the         Hourly          Hourly Rate
                                       the Second        Second            Rate
                                     Interim Period  Interim Period
                 Shareholders               3               5             $1,453.33         $1,518.59
                  Associates                 1               2             $870.00              $868.92
                  Paralegals                 1               1             $435.00              $435.00


File and source

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gov.uscourts.deb.188293.822.3.pdf
Size
109,162 bytes
SHA-256
b6f92c9eeec9dcf430295bf5cf0b930c846ae9c08d820c35764b0137ad353554
Our copy
gov.uscourts.deb.188293.822.3.pdf
Original
archive.org
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