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Vyaire - COC re Fee Examiner Fee Order

Date
2024-06-09

Summary

A certification of counsel filed October 25, 2024 as Doc 680 in In re Vyaire Medical, Inc., et al., Case No. 24-11217 (BLS), jointly administered Chapter 11 cases in the U.S. Bankruptcy Court for the District of Delaware. It concerns a proposed order appointing a fee examiner and establishing procedures for reviewing fee applications of retained professionals. The certification recounts that the Debtors filed on June 9, 2024, that the U.S. Trustee appointed a creditors' committee on June 26, 2024, and that the Interim Compensation Order was entered July 9, 2024. It states that the Debtors, the Committee and the U.S. Trustee selected an attorney of Bielli & Klauder, LLC as fee examiner and that the proposed order, attached as Exhibit A, is acceptable to all of them. It is signed by Cole Schotz P.C., listed with Kirkland & Ellis LLP as co-counsel to the Debtors.

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Full text

                Case 24-11217-BLS              Doc 680          Filed 10/25/24      Page 1 of 3



                        IN THE UNITED STATES BANKRUPTCY COURT
                             FOR THE DISTRICT OF DELAWARE

                                                            )
In re:                                                      )        Chapter 11
                                                            )
VYAIRE MEDICAL, INC., et al.,1                              )        Case No. 24-11217 (BLS)
                                                            )
                          Debtors.                          )        (Jointly Administered)
                                                            )

                        CERTIFICATION OF COUNSEL
                REGARDING ORDER APPOINTING FEE EXAMINER
              AND ESTABLISHING RELATED PROCEDURES FOR THE
          REVIEW OF FEE APPLICATIONS OF RETAINED PROFESSIONALS

         The undersigned counsel to the Debtors in the above-captioned chapter 11 case hereby

certifies as follows:

         1.      On June 9, 2024, Vyaire Medical, Inc. and certain of its subsidiaries (together, the

“Debtors”) filed voluntary petitions for relief under chapter 11 of title 11 of the United States

Code (the “Bankruptcy Code”) with this Court (the “Chapter 11 Cases”).

         2.      On June 26, 2024, the Office of the United States Trustee for the District of

Delaware (the “U.S. Trustee”) appointed an Official Committee of Unsecured Creditors [Docket

No. 121] (the “Committee”).

         3.      On July 9, 2024, the Court entered the Order (I) Establishing Procedures for

Interim Compensation and Reimbursement of Expenses for Retained Professionals and (II)

Granting Related Relief [Docket No. 218] (the “Interim Compensation Order”).

         4.      In accordance with the General Order Regarding Fee Examiners in Chapter 11

Cases with Combined Assets and/or Liabilities in Excess of $50,000,000 before Judge Brendan

Linehan Shannon (the “Fee Examiner Order”), counsel for the Debtors, the Committee, and the



1
    The last four digits of Debtor Vyaire Medical, Inc.’s federal tax identification number are 6495. A complete list
    of each of the Debtors in these chapter 11 cases and each such Debtor’s federal tax identification number may
    be obtained on the website of the Debtors’ claims and noticing agent at https://omniagentsolutions.com/Vyaire.
               Case 24-11217-BLS            Doc 680       Filed 10/25/24        Page 2 of 3



U.S. Trustee have met and conferred in good faith regarding representative candidates and, in

accordance with the Fee Examiner Order, have selected David M. Klauder, Esq. of Bielli &

Klauder, LLC to serve as the fee examiner (the “Fee Examiner”).

       5.       The Debtors have prepared a proposed form of other (the “Proposed Order”), a

copy of which is attached hereto as Exhibit A, approving the appointment of David M. Klauder,

Esq. as the Fee Examiner in these Chapter 11 Cases and establishing certain procedures to

review and report on, as appropriate, monthly fee applications, interim fee applications, and final

fee applications submitted by professionals retained in these Chapter 11 Cases.

       6.       Attached to the Proposed Order as Exhibit 1 is the Declaration of

Disinterestedness of David M. Klauder.

       7.       The Proposed Order is acceptable to the Debtors, the Committee, the U.S.

Trustee, and the Fee Examiner.

       8.       Accordingly, the Debtors respectfully request that the Proposed Order attached

hereto as Exhibit A be entered at the Court’s earliest convenience.




   The location of Debtor Vyaire Medical, Inc.’s principal place of business and the Debtors’ service address in
   these chapter 11 cases is 26125 North Riverwoods Boulevard, Mettawa, Illinois, USA 60045.

                                                      2
                          Case 24-11217-BLS        Doc 680    Filed 10/25/24     Page 3 of 3




Dated: October 25, 2024
Wilmington, Delaware

 /s/ Patrick J. Reilley
 COLE SCHOTZ P.C.                                            KIRKLAND & ELLIS LLP
 Patrick J. Reilley (No. 4451)                               KIRKLAND & ELLIS INTERNATIONAL LLP
 500 Delaware Avenue, Suite 1410                             Joshua A. Sussberg, P.C. (admitted pro hac vice)
 Wilmington, Delaware 19801                                  601 Lexington Ave
 Telephone:        (302) 652-3131                            New York, New York 10022
 Facsimile:        (302) 652-3117                            Telephone:    (212) 446-4800
 Email:            preilley@coleschotz.com                   Facsimile:    (212) 446-4900
                                                             Email:        joshua.sussberg@kirkland.com
 - and -
                                                             - and -
 Michael D. Sirota, Esq. (admitted pro hac vice)
 Warren A. Usatine, Esq (admitted pro hac vice)              Spencer A. Winters, P.C. (admitted pro hac vice)
 Court Plaza North, 25 Main Street                           Yusuf U. Salloum (admitted pro hac vice)
 Hackensack, New Jersey 07601                                333 West Wolf Point Plaza
 Telephone:     (201) 489-3000                               Chicago, Illinois 60654
 Facsimile:     (201) 489-1536                               Telephone:      (312) 862-2000
 Email:         msirota@coleschotz.com                       Facsimile:      (312) 862-2200
                wusatine@coleschotz.com                      Email:          spencer.winters@kirkland.com
                                                                             yusuf.salloum@kirkland.com


 Co-Counsel to the Debtors                                   Co-Counsel to the Debtors
 and Debtors in Possession                                   and Debtors in Possession




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