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Exhibit - Kservicing Bankruptcy (2023-06-08)

Date
2023-06-08

Summary

Exhibit A, Detailed Description of Services, filed June 8, 2023 as Doc 855-2 in Case 22-10951-CTG. It contains a Greenberg Traurig, LLP invoice dated May 8, 2023, addressed to Kabbage, Inc. for representing the Board of Directors, covering legal services through April 30, 2023. The invoice lists fees of $4,126.00 for employment and fee applications, $16,147.00 for board governance and $587.50 for court hearings, for total fees of $20,860.50, a previous balance of $40,333.20 and a total amount due of $61,193.70. Time entries by task code describe work on a sixth monthly fee application, board meetings, effective date planning and review of an adversary complaint, with timekeeper summaries totaling 22.10 hours. The invoice states that no expenses were charged.

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Full text

Case 22-10951-CTG   Doc 855-2    Filed 06/08/23   Page 1 of 10




                         Exhibit A

              Detailed Description of Services
                Case 22-10951-CTG                 Doc 855-2          Filed 06/08/23           Page 2 of 10




                                                                                      Invoice No. : 1000335401
                                                                                      File No.    : 210757.010100
                                                                                      Bill Date       : May 8, 2023



Kabbage, Inc.
925B Peachtree Street, NE
Suite 383
FULTON-GA
Tax ID / EIN: 36-4973937
Atlanta, GA 30309


                                                       INVOICE




Re: Representing Board of Directors

Legal Services through April 30, 2023:


                                           Employment and Fee Applications:                      $                 4,126.00
                                                        Board Governance:                        $                16,147.00
                                                           Court Hearings:                       $                   587.50


                                                                    Total Fees:                 $                  20,860.50

                                                             Current Invoice:                   $              20,860.50



                           Previous Balance (see attached statement):                           $              40,333.20

                                                        Total Amount Due:                       $              61,193.70




DVK:SC
Tax ID: 13‐3613083

     Greenberg Traurig, LLP | Attorneys at Law | Terminus 200 | 3333 Piedmont Road, NE | Suite 2500 | Atlanta, Georgia 30305
                                      Tel 678.553.2100 | Fax 678.553.2212 | www.gtlaw.com
                Case 22-10951-CTG                 Doc 855-2          Filed 06/08/23           Page 3 of 10




                                                                                      Invoice No. : 1000335401
                                                                                      File No.    : 210757.010100

                            Note: Payment is Due 30 Days from Date of Invoice

                                 FOR YOUR CONVENIENCE,
                        PAYMENT INSTRUCTIONS FOR GT FIRM ACCOUNT
                            FOR FEES & COSTS ARE AS FOLLOWS:

For Wire Instructions:
Bank:                  WELLS FARGO BANK
ABA #:                 121000248
For ACH Instructions:
Bank:                 WELLS FARGO BANK
ABA#                  063107513

CREDIT TO:                     GREENBERG TRAURIG DEPOSITORY ACCOUNT
ACCOUNT #:                     2000014648663
PLEASE
REFERENCE:           CLIENT NAME:        KSERVICING
                     FILE NUMBER:        210757.010100
                     INVOICE NUMBER: 1000335401*
                     BILLING
                     PROFESSIONAL:       David B. Kurzweil
      IF YOU WISH TO PAY BY CHECK PLEASE REMIT TO THE ADDRESS BELOW:
                               Greenberg Traurig
                                PO Box 936769
                            ATLANTA GA 31193-6769

                                 Wire fees may be assessed by your bank.
      * If paying more than one invoice, please reference all invoice numbers in wiring instructions.
             Please contact acct‐cashreceipts@gtlaw.com for any payment related questions.




DVK:SC
Tax ID: 13‐3613083

     Greenberg Traurig, LLP | Attorneys at Law | Terminus 200 | 3333 Piedmont Road, NE | Suite 2500 | Atlanta, Georgia 30305
                                      Tel 678.553.2100 | Fax 678.553.2212 | www.gtlaw.com
                 Case 22-10951-CTG                  Doc 855-2          Filed 06/08/23           Page 4 of 10




                                                                                        Invoice No. : 1000335401
                                                                                        File No.    : 210757.010100


Account Statement
Date                  Invoice #                Fees Due            Expenses Due                Other Due                 Total Due
02/23/23          1000236678                  14,383.50                       0.00                   0.00                14,383.50
03/17/23          1000252407                  14,346.10                       0.00                   0.00                14,346.10
04/20/23          1000283534                  11,603.60                       0.00                   0.00                11,603.60

                        Totals:     $         40,333.20      $                0.00     $              0.00    $          40,333.20




DVK:SC
Tax ID: 13‐3613083

       Greenberg Traurig, LLP | Attorneys at Law | Terminus 200 | 3333 Piedmont Road, NE | Suite 2500 | Atlanta, Georgia 30305
                                        Tel 678.553.2100 | Fax 678.553.2212 | www.gtlaw.com
                Case 22-10951-CTG         Doc 855-2        Filed 06/08/23          Page 5 of 10
Invoice No.:      1000335401                                                                            Page 1
Matter No.:       210757.010100


Description of Professional Services Rendered:


TASK CODE:              KS003       EMPLOYMENT AND FEE APPLICATIONS


DATE           TIMEKEEPER             DESCRIPTION                                     HOURS          AMOUNT

04/10/23       Sandy Bratton          Work on sixth monthly fee application             0.40           174.00
04/14/23       Sandy Bratton          Work on sixth monthly fee application             0.40           174.00
04/19/23       Sandy Bratton          Work on sixth monthly fee application             1.10           478.50
04/20/23       Sandy Bratton          Continued work on sixth monthly fee               0.40           174.00
                                      application
04/21/23       Sandy Bratton          Continued work on sixth monthly fee               0.90           391.50
                                      application (.8); confer with M. Petrie
                                      regarding same (.1)
04/21/23       David B. Kurzweil      Review of fee application                         0.20           308.00
04/21/23       Matthew A. Petrie      Review draft of March fee application             0.40           348.00
04/24/23       Matthew A. Petrie      Review and revise March fee application           1.20         1,044.00
04/25/23       Matthew A. Petrie      Attention to March fee application                0.50           435.00
04/26/23       Sandy Bratton          Continued work on sixth monthly fee               0.20            87.00
                                      application (.1); confer with D. Meloro
                                      regarding same (.1)
04/27/23       Dennis A. Meloro       Review sixth monthly fee application for          0.20           251.00
                                      filing
04/27/23       Matthew A. Petrie      Finalize March fee application for filing         0.30           261.00

                                                                  Total Hours:          6.20

                                                                             Total Amount:         $ 4,126.00




TIMEKEEPER SUMMARY FOR TASK CODE KS003,

           EMPLOYMENT AND FEE APPLICATIONS

Timekeeper Name                           Hours Billed                      Rate           Total $ Amount
David B. Kurzweil                                 0.20                  1,540.00                    308.00
Dennis A. Meloro                                  0.20                  1,255.00                    251.00
Matthew A. Petrie                                 2.40                    870.00                  2,088.00
Sandy Bratton                                     3.40                    435.00                  1,479.00
                          Totals:                 6.20                    665.48       $          4,126.00
                Case 22-10951-CTG           Doc 855-2        Filed 06/08/23           Page 6 of 10
Invoice No.:      1000335401                                                                           Page 2
Matter No.:       210757.010100

Description of Professional Services Rendered


TASK CODE:              KS005       BOARD GOVERNANCE


DATE           TIMEKEEPER               DESCRIPTION                                      HOURS       AMOUNT

04/03/23       Sandy Bratton            Attention to case calendaring and deadlines        0.10         43.50
04/04/23       David B. Kurzweil        Attend meeting with board                          2.90      4,466.00
04/05/23       David B. Kurzweil        Review of board documents in preparation           0.50        770.00
                                        of board meeting (.3); review of board
                                        minutes (.2)
04/06/23       Sandy Bratton            Review of numerous certifications, notices         0.50       217.50
                                        and orders filed with Court and update case
                                        records (.3); update case calendar and
                                        Summary of Calendar Events (.2)
04/10/23       Sandy Bratton            Confer with A. Perrella of AlixPartners            0.10        43.50
                                        regarding wiring instructions for escrow
                                        agreement
04/11/23       Sandy Bratton            Attention to recently filed pleadings and          0.20        87.00
                                        rescheduling of hearing
04/12/23       David B. Kurzweil        Review of status for issues for effective          0.40       616.00
                                        date (.2); review of emails (.2)
04/13/23       Sandy Bratton            Review Board Discussion Materials                  1.00       435.00
                                        received from Weil Team (.2); participate
                                        in conference call with Board members,
                                        Weil Team and GT Team (.8)
04/13/23       David B. Kurzweil        Preparation for and participate in board           1.30      2,002.00
                                        meeting (.9); review of board materials
                                        (.2); conference with board members (.2)
04/13/23       Matthew A. Petrie        Review board discussion materials in               1.50      1,305.00
                                        preparation for board meeting (.7); attend
                                        board meeting with company professionals
                                        (.8)
04/19/23       Sandy Bratton            Review of numerous certifications, notices         0.70       304.50
                                        and orders filed with Court and update case
                                        records (.4); update case calendar and
                                        Summary of Calendar Events (.3)
04/20/23       Matthew A. Petrie        Review effective date status updates in            0.80       696.00
                                        preparation for board meeting
04/21/23       Sandy Bratton            Review of numerous monthly reports and             0.40       174.00
                                        pleadings filed with Court and update case
                                        records (.3); update case calendar and
                                        Summary of Calendar Events (.1)
04/24/23       Matthew A. Petrie        Attention to and analysis of adversary             0.60       522.00
                                        complaint filed by Juneau Group against
                                        KServicing and American Express
04/25/23       Sandy Bratton            Review of numerous certifications, notices         0.40       174.00
                                        and orders, as well as adversary proceeding
                                        filed by The Juneau Group and update case
                                        records
04/25/23       David B. Kurzweil        Review of pleadings on behalf of board             0.20       308.00
04/25/23       Matthew A. Petrie        Correspondence with S. Bratton regarding           0.60       522.00
                                        adversary complaint filed by Juneau Group
                Case 22-10951-CTG           Doc 855-2        Filed 06/08/23          Page 7 of 10
Invoice No.:      1000335401                                                                             Page 3
Matter No.:       210757.010100

Description of Professional Services Rendered

                                        (.3); review draft of motion to further
                                        extend the Debtors' exclusive period (.3)
04/27/23       Sandy Bratton            Participate in conference call with Board         0.50          217.50
                                        members, Weil Team and GT Team
                                        regarding status updates and case strategy
                                        for further handling
04/27/23       Sandy Bratton            Review of numerous pleadings filed with           0.30          130.50
                                        Court and update case records (.2); update
                                        case calendar and Summary of Calendar
                                        Events (.1)
04/27/23       David B. Kurzweil        Preparation for and participate in board          1.40        2,156.00
                                        conference call; review of issues for
                                        effective date; review of board minutes;
                                        review of emails
04/27/23       Matthew A. Petrie        Prepare for and attend board meeting              0.60          522.00
                                        regarding effective date planning
04/28/23       Matthew A. Petrie        Attention to board minutes for approval           0.50          435.00

                                                                    Total Hours:         15.50

                                                                               Total Amount:        $ 16,147.00




TIMEKEEPER SUMMARY FOR TASK CODE KS005,

           BOARD GOVERNANCE

Timekeeper Name                             Hours Billed                      Rate           Total $ Amount
David B. Kurzweil                                   6.70                  1,540.00                10,318.00
Matthew A. Petrie                                   4.60                    870.00                 4,002.00
Sandy Bratton                                       4.20                    435.00                 1,827.00
                          Totals:                  15.50                  1,041.74       $        16,147.00
                Case 22-10951-CTG           Doc 855-2        Filed 06/08/23          Page 8 of 10
Invoice No.:      1000335401                                                                             Page 4
Matter No.:       210757.010100

Description of Professional Services Rendered


TASK CODE:              KS007       COURT HEARINGS


DATE           TIMEKEEPER               DESCRIPTION                                     HOURS         AMOUNT

04/11/23       Dennis A. Meloro         Review 4/13 hearing agenda                        0.10          125.50
04/19/23       David B. Kurzweil        Review of open matters for effective date         0.30          462.00
                                        and scheduled hearings

                                                                    Total Hours:          0.40

                                                                               Total Amount:          $ 587.50




TIMEKEEPER SUMMARY FOR TASK CODE KS007,

           COURT HEARINGS

Timekeeper Name                             Hours Billed                      Rate           Total $ Amount
David B. Kurzweil                                   0.30                  1,540.00                  462.00
Dennis A. Meloro                                    0.10                  1,255.00                  125.50
                         Totals:                    0.40                  1,468.75       $          587.50
               Case 22-10951-CTG            Doc 855-2      Filed 06/08/23      Page 9 of 10
Invoice No.:    1000335401                                                                         Page 5
Matter No.:     210757.010100

Description of Professional Services Rendered


TIMEKEEPER ACTIVITY GRAND TOTAL SUMMARY

Timekeeper Name                             Hours Billed                Rate           Total $ Amount
David B. Kurzweil                                  7.20             1,540.00                11,088.00
Dennis A. Meloro                                   0.30             1,255.00                   376.50
Matthew A. Petrie                                  7.00               870.00                 6,090.00
Sandy Bratton                                      7.60               435.00                 3,306.00

                        Totals:                   22.10               943.91       $        20,860.50
               Case 22-10951-CTG          Doc 855-2   Filed 06/08/23   Page 10 of 10
Invoice No.:    1000335401                                                               Page 6
Re:             Representing Board of Directors
Matter No.:     210757.010100


Description of Expenses Billed:
DATE            DESCRIPTION                                                            AMOUNT

                                    No expenses charged to this file


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