In re Kabbage (KServicing) — Exhibit C Compensation by Project Category

Date: 2023-05-16

Summary

Exhibit C, a one-page table of compensation by project category, filed May 16, 2023 as Doc 828-4 in Case 22-10951-CTG, In re Kabbage (KServicing). It covers January 1, 2023 through March 31, 2023 and lists task codes with billed hours and compensation for each category. The table reports a total of 4,497.00 hours and $5,106,113.75 in compensation. The largest category is Chapter 11 Plan/Plan Confirmation/Implementation at 1,525.20 hours and $1,903,691.00, followed by Non-bankruptcy Litigation (incl. CUBI Dispute) at 645.50 hours and $906,954.00. The table does not name who billed the hours.

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Cite this document

“In re Kabbage (KServicing) — Exhibit C Compensation by Project Category.” Original at archive.org, dated 2023-05-16. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2023-05-16-kservicing-bankruptcy-2569a47f-1/, SHA-256 2569a47fe3f6a1c16eb236797c682c5cf75fa2d1cb722dae14b27fb815d2b7bd.

Full text

                 Case 22-10951-CTG                Doc 828-4      Filed 05/16/23   Page 1 of 1

                                              Exhibit C
                              COMPENSATION BY PROJECT CATEGORY
                             JANUARY 1, 2023 THROUGH MARCH 31, 2023

TASK                                                                         TOTAL BILLED          TOTAL
                             PROJECT CATEGORY
CODE                                                                            HOURS           COMPENSATION
 001    Administrative Expense Claims                                              44.80          $53,298.00
 003    AmEx Transaction Investigation                                             68.10          $72,480.00
 004    Asset Disposition/363 Asset Sales                                         178.50          $208,385.00
 006    Bar Date and Claims Matters                                               117.90          $107,600.50
 007    Borrower Matters                                                           3.10            $3,175.50
 008    Case Administration (WIP List & Case Calendar)                             42.60          $39,959.50
 009    Chapter 11 Plan/Plan Confirmation/Implementation                          1,525.20       $1,903,691.00
 010    Corporate Governance/Securities                                           223.80          $264,045.50
 011    Customer (incl. Partner Banks)/Vendor/Supplier Matters                     23.40          $34,454.50
 012    Cash Management                                                            1.70            $2,317.50
 013    Disclosure Statement/Solicitation/Voting                                  452.00          $545,851.50
 014    Employee Matters                                                           21.90          $29,041.00
 015    Exclusivity                                                                19.60          $19,756.50
 016    Executory Contracts/Leases/Real Prop/Other 365 Matters                     27.50          $34,555.00
 017    General Case Strategy (incl Team and Client Calls)                        238.30          $293,839.00
 018    Government Investigation Matters (excl. Settlements)                       15.40          $16,782.00
 019    Hearings and Court Matters                                                101.90          $143,736.00
 020    Insurance and Letters of Credit Matters                                    5.10            $7,672.50
 021    Non-bankruptcy Litigation (incl. CUBI Dispute)                            645.50          $906,954.00
 022    Non-working Travel                                                         62.50          $43,554.25

 024    Regulatory Matters                                                         10.60          $17,212.00

 025    Retention/Billing/Fee Applications: OCP                                    22.00          $21,987.50
 026    Retention/Fee Applications: Non-Weil Professionals                         20.50          $20,891.50
 027    Retention/Fee Applications: Weil                                           86.90          $82,240.00
 028    Secured Creditors Issues/Meetings/Comms (excl. Settlements)                13.70          $20,348.50
 029    Settlements (including 9019 matters)                                      122.20          $165,935.00
 031    Tax Matters                                                                28.40          $34,718.00
 033    US Trustee/MORs/2015.3 Reports                                             10.80          $11,632.50
 035    Servicing Transfer                                                        363.10          $504,508.50
TOTAL                                                                             4,497.00       $5,106,113.75

File and source

File: gov.uscourts.deb.188293.828.4.pdf
Size: 156,504 bytes
SHA-256: 2569a47fe3f6a1c16eb236797c682c5cf75fa2d1cb722dae14b27fb815d2b7bd
Our copy: gov.uscourts.deb.188293.828.4.pdf
Original: archive.org