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Home Source documents KServicing - GT Fee Application (09) (Ninth Monthly - through June 20 2023) Filing Version

KServicing - GT Fee Application (09) (Ninth Monthly - through June 20 2023) Filing Version

Date
2023-07-19

Summary

Doc. 908-2 in Case 22-10951-CTG, filed July 19, 2023, is Exhibit A, a detailed description of services supporting Greenberg Traurig, LLP's ninth monthly fee application for representing the board of directors in the KServicing bankruptcy. It contains invoice No. 1000358053, dated July 13, 2023, for legal services through June 20, 2023, with fees of $3,550.50 for employment and fee applications and $8,346.00 for board governance, totaling $11,896.50. An account statement shows a previous balance of $22,547.60, for a total amount due of $34,444.10. Time entries and timekeeper summaries record 14.60 hours billed, and the invoice states that no expenses were charged. The exhibit is nine pages.

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Full text

Case 22-10951-CTG   Doc 908-2    Filed 07/19/23   Page 1 of 9




                        Exhibit A

             Detailed Description of Services
                 Case 22-10951-CTG                 Doc 908-2          Filed 07/19/23           Page 2 of 9




                                                                                      Invoice No. : 1000358053
                                                                                      File No.    : 210757.010100
                                                                                      Bill Date       : July 13, 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 June 20, 2023:


                                           Employment and Fee Applications:                      $                  3,550.50
                                                        Board Governance:                        $                  8,346.00


                                                                    Total Fees:                 $                  11,896.50

                                                             Current Invoice:                   $              11,896.50



                           Previous Balance (see attached statement):                           $              22,547.60

                                                        Total Amount Due:                       $              34,444.10




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 908-2          Filed 07/19/23           Page 3 of 9




                                                                                      Invoice No. : 1000358053
                                                                                      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: 1000358053*
                     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 908-2          Filed 07/19/23           Page 4 of 9




                                                                                        Invoice No. : 1000358053
                                                                                        File No.    : 210757.010100


Account Statement
Date                  Invoice #                Fees Due            Expenses Due                Other Due                 Total Due
05/08/23          1000335401                   4,172.10                       0.00                   0.00                 4,172.10
06/07/23          1000335115                  18,375.50                       0.00                   0.00                18,375.50

                        Totals:     $         22,547.60      $                0.00     $              0.00    $          22,547.60




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 908-2        Filed 07/19/23          Page 5 of 9
Invoice No.:      1000358053                                                                            Page 1
Matter No.:       210757.010100


Description of Professional Services Rendered:


TASK CODE:              KS003       EMPLOYMENT AND FEE APPLICATIONS


DATE           TIMEKEEPER             DESCRIPTION                                     HOURS          AMOUNT

06/05/23       Sandy Bratton          Work on seventh monthly fee application           0.70           304.50
06/05/23       Matthew A. Petrie      Attention to pending fee applications             0.50           435.00
06/06/23       Sandy Bratton          Continued work on seventh monthly fee             2.60         1,131.00
                                      application
06/06/23       David B. Kurzweil      Work on fee application                           0.20           308.00
06/06/23       Matthew A. Petrie      Review and revise 7th monthly fee                 0.80           696.00
                                      application
06/07/23       Sandy Bratton          Continued work on seventh monthly fee             0.80           348.00
                                      application (.6); confer with Greenberg
                                      Traurig team and Weil Gotshal team
                                      regarding same (.2)
06/13/23       Sandy Bratton          Review of proposed Second Interim Fee             0.20            87.00
                                      Order and emails with Greenberg Traurig
                                      and Weil Gotshal team regarding same
06/13/23       David B. Kurzweil      Review of fee request and proposed order          0.10           154.00
06/20/23       Sandy Bratton          Confer with M. Petrie regarding planning          0.20            87.00
                                      for outstanding and final fee applications

                                                                  Total Hours:          6.10

                                                                              Total Amount:        $ 3,550.50




TIMEKEEPER SUMMARY FOR TASK CODE KS003,

           EMPLOYMENT AND FEE APPLICATIONS

Timekeeper Name                           Hours Billed                       Rate          Total $ Amount
David B. Kurzweil                                 0.30                   1,540.00                   462.00
Matthew A. Petrie                                 1.30                     870.00                 1,131.00
Sandy Bratton                                     4.50                     435.00                 1,957.50
                          Totals:                 6.10                    582.05       $          3,550.50
                 Case 22-10951-CTG              Doc 908-2     Filed 07/19/23          Page 6 of 9
Invoice No.:      1000358053                                                                          Page 2
Matter No.:       210757.010100

Description of Professional Services Rendered


TASK CODE:              KS005       BOARD GOVERNANCE


DATE           TIMEKEEPER               DESCRIPTION                                     HOURS       AMOUNT

06/01/23       Sandy Bratton            Review of pleadings filed with Court and          0.20        87.00
                                        update case records (.1); update case
                                        calendar and Summary of Calendar Events
                                        (.1)
06/01/23       David B. Kurzweil        Review of emails and board materials              0.30       462.00
                                        regarding status
06/01/23       Matthew A. Petrie        Review board materials prepared by                1.20      1,044.00
                                        company regarding plan effective date and
                                        related correspondence
06/02/23       Sandy Bratton            Review weekly Board update and related            0.30       130.50
                                        documents received from Weil Gotshal
06/06/23       David B. Kurzweil        Review of board materials                         0.20       308.00
06/07/23       Sandy Bratton            Review of pleadings filed with Court and          0.40       174.00
                                        update case records (.2); update case
                                        calendar and Summary of Calendar Events
                                        (.2)
06/07/23       David B. Kurzweil        Review of board minutes and emails                0.20        308.00
06/08/23       David B. Kurzweil        Conference with board members (.4);               1.40      2,156.00
                                        preparation for and attend board meeting
                                        (.7); review of issues for effective date
                                        status (.3)
06/08/23       Matthew A. Petrie        Review minutes of board meetings (.3);            0.70       609.00
                                        attend board meeting (.4)
06/14/23       Sandy Bratton            Review Board minutes from May 25, 2023            0.60       261.00
                                        (.2); review recently filed pleadings and
                                        update case calendar of events (.4)
06/14/23       Matthew A. Petrie        Attention to approval of board meeting            0.40       348.00
                                        minutes
06/15/23       Sandy Bratton            Review of weekly Board Update provided            0.20        87.00
                                        by Weil Gotshal team
06/15/23       David B. Kurzweil        Review of emails and issues for effective         0.30       462.00
                                        date
06/15/23       Matthew A. Petrie        Review board update from company                  0.20       174.00
                                        regarding effective date
06/20/23       Sandy Bratton            Confer with M. Petrie regarding Director          0.30       130.50
                                        engagement letter issues (.2); review email
                                        from company regarding Notice of
                                        Effective Date and outstanding case issues
                                        (.1)
06/20/23       Nathan P. Emeritz        Analyze and confer regarding meeting              0.40       360.00
                                        minutes and related Delaware law issues
06/20/23       David B. Kurzweil        Review of emails and status of effective          0.30       462.00
                                        date
06/20/23       Matthew A. Petrie        Attention to pending issues regarding             0.90       783.00
                                        occurrence of effective date

                                                                    Total Hours:          8.50
               Case 22-10951-CTG                Doc 908-2   Filed 07/19/23      Page 7 of 9
Invoice No.:    1000358053                                                                          Page 3
Matter No.:     210757.010100

Description of Professional Services Rendered


                                                                         Total Amount:         $ 8,346.00




TIMEKEEPER SUMMARY FOR TASK CODE KS005,

         BOARD GOVERNANCE

Timekeeper Name                             Hours Billed                Rate           Total $ Amount
Nathan P. Emeritz                                   0.40               900.00                   360.00
David B. Kurzweil                                   2.70             1,540.00                 4,158.00
Matthew A. Petrie                                   3.40               870.00                 2,958.00
Sandy Bratton                                       2.00               435.00                   870.00
                        Totals:                     8.50              981.88       $          8,346.00
               Case 22-10951-CTG                Doc 908-2   Filed 07/19/23      Page 8 of 9
Invoice No.:    1000358053                                                                           Page 4
Matter No.:     210757.010100

Description of Professional Services Rendered


TIMEKEEPER ACTIVITY GRAND TOTAL SUMMARY

Timekeeper Name                             Hours Billed                Rate           Total $ Amount
Nathan P. Emeritz                                    0.40              900.00                    360.00
David B. Kurzweil                                    3.00            1,540.00                  4,620.00
Matthew A. Petrie                                    4.70              870.00                  4,089.00
Sandy Bratton                                        6.50              435.00                  2,827.50

                        Totals:                     14.60             814.83       $          11,896.50
               Case 22-10951-CTG           Doc 908-2   Filed 07/19/23   Page 9 of 9
Invoice No.:   1000358053                                                               Page 5
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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