In re Vyaire Medical, Inc. — Berkeley Research Group Fee Statement Time Detail (Exhibit A)

Summary

Exhibit A, the time detail of Berkeley Research Group, LLC in the Vyaire Medical bankruptcy, Case 24-11217-BLS, filed September 13, 2024 as Doc 524-2 and covering the period 6/28/2024 through 7/31/2024. The 34-page exhibit lists daily time entries by date, professional, hours and description, grouped by task code. Asset Acquisition/ Disposition entries total 111.7 hours and cover review of the Debtors' sale process, bid procedures and sale outreach trackers and weekly sale update reports for the UCC. DIP Financing entries total 44.3 hours and cover DIP comparables analysis and review of the final DIP order. The exhibit also covers professional retention and fee application preparation and Vendor Management (11.3 hours), and reports total hours of 769.4.

Summary drafted by a model from the document's text below and checked by script against that text before publication. It is a navigation aid, not a reading of what the document proves. Where AI is used

Full text

Case 24-11217-BLS Doc 524-2 Filed 09/13/24 Page 1 of 34
In re: Vyaire Medical, Inc., et al.
Exhibit A: Time Detail
Berkeley Research Group, LLC
For the Period 6/28/2024 through 7/31/2024

Date Professional Hours Description

01. Asset Acquisition/ Disposition

6/28/2024 R. Zaidman 0.7 Reviewed PJT data room re: sales process / index of files.

6/28/2024 D. Galfus 0.5 Reviewed the status of the sale process.

6/28/2024 D. Galfus 0.4 Reviewed the bid procedures.

6/29/2024 D. Galfus 1.1 Reviewed the Debtors' bid procedures.

6/30/2024 E. Buthusiem 2.6 Reviewed the Debtors' CIM regarding the assets for sale.

6/30/2024 D. Galfus 0.6 Reviewed the Debtors' bid procedures.

7/1/2024 E. Buthusiem 2.9 Reviewed Debtors' 7/1 sale outreach tracker.

7/1/2024 J. Rogala 2.4 Prepared sale process update schedules using sale process outreach
tracker provided by Debtors' investment banker.

7/1/2024 J. Rogala 1.7 Reviewed sale process outreach tracker from Debtors' investment
banker.

7/1/2024 E. Buthusiem 0.8 Continued to review Debtors' 7/1 sale outreach tracker.

7/1/2024 R. Zaidman 0.6 Reviewed draft sale related documents received from MWE (K. Going).

7/1/2024 D. Galfus 0.6 Reviewed the status of the Debtors' sale process.

7/1/2024 R. Zaidman 0.5 Analyzed sales process outreach tracker from PJT (D. Friesner).

7/2/2024 E. Buthusiem 2.9 Analyzed the Debtors' CIM regarding the assets for sale.

7/2/2024 J. Rogala 2.6 Revised summary schedule of sale process outreach tracker.

7/2/2024 R. Cohen 2.3 Analyzed sale process outreach tracker.

7/2/2024 E. Buthusiem 0.1 Continued to analyze the Debtors' CIM regarding the assets for sale.

7/3/2024 E. Buthusiem 2.9 Analyzed potential buyers included in Debtors' 7/1 sale outreach
tracker.

7/3/2024 E. Buthusiem 0.1 Continued to analyze potential buyers included in Debtors' 7/1 sale
outreach tracker.

Berkeley Research Group, LLC Invoice for the 6/28/2024 - 7/31/2024 Period
Case 24-11217-BLS Doc 524-2 Filed 09/13/24 Page 2 of 34
Date Professional Hours Description

01. Asset Acquisition/ Disposition

7/6/2024 E. Buthusiem 1.6 Reviewed certain sale related documents uploaded to data room by
Debtors.

7/8/2024 J. Rogala 2.9 Prepared sale process update slides for 7/10 UCC report using data
from Debtors' advisors.

7/8/2024 R. Cohen 2.4 Analyzed latest sale process outreach tracker.

7/8/2024 J. Rogala 1.1 Prepared sale process update slides for 7/10 UCC report using data
from Debtors' advisors.

7/8/2024 E. Buthusiem 0.9 Reviewed declarations in support of bidding procedures.

7/8/2024 D. Galfus 0.8 Evaluated the status of the sale process.

7/8/2024 R. Zaidman 0.4 Reviewed latest sales reach out from PJT (D. Friesner).

7/9/2024 J. Rogala 2.9 Prepared sale process slides for 7/10 UCC report using data from
Debtors' advisors.

7/9/2024 R. Cohen 1.8 Continued to edit sale process update report for the UCC prepared by
junior staff.

7/9/2024 E. Buthusiem 1.1 Reviewed sale related documents included in the data room.

7/9/2024 D. Galfus 0.9 Participated in a call with PJT (M. Schlappig; D. Friesner) re: the sale
process.

7/9/2024 E. Buthusiem 0.9 Participated in call with PJT (M. Schlappig, D. Friesner) re: sales
process update.

7/9/2024 R. Zaidman 0.9 Participated in call with PJT (M. Schlappig, D. Friesner) re: sales
process.

7/9/2024 R. Cohen 0.7 Edited sale process update report for the UCC prepared by junior staff.

7/9/2024 E. Hengel 0.5 Participated in a portion of call with M. Schlappig (PJT) to discuss asset
sale process.

7/9/2024 R. Zaidman 0.4 Corresponded with MWE (K. Going, M. Kandestin, R. Trickey) re: sales
process update.

7/9/2024 R. Zaidman 0.4 Reviewed draft BRG reporting for the Committee re: sales process.

7/10/2024 A. Kashanirokh 1.7 Developed investment banking fee schedule.

7/10/2024 R. Zaidman 0.4 Reviewed updated BRG report for the Committee re: sales process.

Berkeley Research Group, LLC Invoice for the 6/28/2024 - 7/31/2024 Period
Page 2 of 34
Case 24-11217-BLS Doc 524-2 Filed 09/13/24 Page 3 of 34
Date Professional Hours Description

01. Asset Acquisition/ Disposition

7/10/2024 R. Cohen 0.3 Edited sale process update report for the UCC to reflect comments
from BRG team.

7/11/2024 A. Kashanirokh 2.8 Prepared IB fee schedule.

7/11/2024 E. Hengel 0.8 Reviewed bidding procedures order.

7/11/2024 R. Zaidman 0.8 Reviewed final bidding procedures orders filed with the Bankruptcy
Court.

7/11/2024 R. Cohen 0.7 Reviewed investment banking fee comparables to assess PJT's
restructuring fee.

7/11/2024 A. Kashanirokh 0.5 Continued to prepare investment banking fee schedule.

7/11/2024 D. Galfus 0.5 Participated in a call with PJT (M. Schlappig; D. Friesner) and Kirkland
& Ellis (Y. Salloum; S. Toth) and K. Going (MWE) re: the sale process
and next steps.

7/11/2024 R. Zaidman 0.5 Participated in call with PJT (M. Schlappig, D. Friesner), Kirkland & Ellis
(Y. Salloum, S. Toth), MWE (K. Going) re: sale process.

7/12/2024 E. Buthusiem 1.8 Reviewed stalking horse APA.

7/12/2024 D. Galfus 1.2 Reviewed the draft APA.

7/12/2024 R. Zaidman 0.8 Reviewed draft APA as received by Debtors related to certain segment.

7/12/2024 R. Cohen 0.7 Reviewed investment banking fee comparables analysis prepared by
junior staff.

7/12/2024 R. Zaidman 0.7 Reviewed sales data room files posted related to certain liabilities re:
potential liability assumptions for buyer(s).

7/12/2024 D. Galfus 0.4 Held call with K. Going (MWE) re: sale process.

7/15/2024 E. Buthusiem 2.1 Reviewed sale related documents included in the data room.

7/15/2024 R. Cohen 0.9 Reviewed draft APA related to one of the Debtors' businesses.

7/15/2024 D. Galfus 0.5 Evaluated the status of the sale process.

7/15/2024 D. Galfus 0.3 Participated in a call with PJT (D. Friesner), Kirkland & Ellis (Y.
Salloum), MWE (K. Going) re: the sale process.

7/15/2024 R. Zaidman 0.3 Participated in call with PJT (D. Friesner), Kirkland & Ellis (Y. Salloum),
MWE (K. Going) re: sales process.

Berkeley Research Group, LLC Invoice for the 6/28/2024 - 7/31/2024 Period
Page 3 of 34
Case 24-11217-BLS Doc 524-2 Filed 09/13/24 Page 4 of 34
Date Professional Hours Description

01. Asset Acquisition/ Disposition

7/15/2024 R. Zaidman 0.2 Participated in call with MWE (R. Trickey) re: sales process, other case
matters.

7/16/2024 J. Rogala 2.9 Prepared sale process update slides for 7/17 UCC presentation using
data from Debtors' advisors.

7/16/2024 J. Rogala 2.5 Continued to prepare sale process update slides for 7/17 UCC
presentation using data from Debtors' advisors.

7/16/2024 E. Buthusiem 0.9 Reviewed the CIM and related documents from the sale data room.

7/16/2024 R. Cohen 0.8 Prepared weekly sale process update report for the UCC reflecting
updates as of 7/16.

7/16/2024 D. Galfus 0.8 Reviewed the status of the sale process.

7/16/2024 R. Zaidman 0.7 Reviewed BRG draft reporting on latest sales process.

7/16/2024 R. Zaidman 0.5 Participated in call with PJT (M. Schlappig, D. Friesner) re: sales
process.

7/16/2024 R. Cohen 0.4 Reviewed sale process outreach tracker dated 7/16.

7/17/2024 D. Galfus 0.4 Reviewed the Debtors' sale process.

7/17/2024 R. Zaidman 0.3 Reviewed BRG draft reporting on latest sales process in advance of
Committee call.

7/17/2024 R. Zaidman 0.2 Reviewed latest sales update correspondence received from PJT (D.
Friesner).

7/18/2024 A. Kashanirokh 1.6 Revised investment banking comparable fee analysis based on
comments from BRG team.

7/18/2024 R. Cohen 0.6 Reviewed draft of investment banking fee comparables analysis
prepared by junior staff.

7/18/2024 R. Zaidman 0.3 Corresponded with PJT (D. Friesner) re: latest sales status.

7/19/2024 E. Buthusiem 1.4 Reviewed new documents including the bidder list.

7/19/2024 D. Galfus 0.3 Evaluated the Debtors' sale process.

7/22/2024 A. Kashanirokh 2.1 Revised investment banking comparable fee analysis.

7/22/2024 R. Zaidman 0.5 Reviewed fee comparables in diligence of Debtors' retention
applications.

7/22/2024 R. Zaidman 0.3 Corresponded with PJT (D. Friesner) re: latest sales updates.

Berkeley Research Group, LLC Invoice for the 6/28/2024 - 7/31/2024 Period
Page 4 of 34
Case 24-11217-BLS Doc 524-2 Filed 09/13/24 Page 5 of 34
Date Professional Hours Description

01. Asset Acquisition/ Disposition

7/23/2024 J. Rogala 2.9 Prepared sale process slides for 7/24 UCC report using data from
Debtors' advisors.

7/23/2024 J. Rogala 2.6 Continued to prepare sale process slides for 7/24 UCC report using
data from Debtors' advisors.

7/23/2024 A. Kashanirokh 1.9 Analyzed potential bidder companies for upcoming sale process.

7/23/2024 R. Cohen 1.1 Edited weekly sale process update report for the UCC reflecting
updates as of 7/23.

7/23/2024 A. Kashanirokh 0.9 Revised investment banking comparable fee analysis.

7/23/2024 R. Zaidman 0.7 Reviewed certain sales related analysis as sent by AlixPartners (J.
Zermeno).

7/23/2024 R. Zaidman 0.6 Reviewed draft BRG reporting on latest sales process through July 23,
2024.

7/23/2024 D. Galfus 0.5 Participated in a call with PJT (D. Friesner) re: the sale process status.

7/23/2024 R. Zaidman 0.5 Participated in call with PJT (D. Friesner) re: latest sales status.

7/23/2024 R. Zaidman 0.4 Analyzed latest adjustments to sales process outreach tracker based
on feedback from PJT (D. Friesner).

7/23/2024 R. Zaidman 0.4 Reviewed BRG analysis of retention application comparables re:
Debtors' investment bank fees.

7/23/2024 D. Galfus 0.4 Reviewed the status of the Debtors' sale process.

7/23/2024 R. Zaidman 0.3 Corresponded with PJT (D. Friesner) re: latest sales status.

7/26/2024 R. Zaidman 0.7 Reviewed sales related forecasted financial statements from data
room.

7/26/2024 R. Zaidman 0.6 Reviewed certain sales related analysis as sent by AlixPartners (J.
Zermeno).

7/26/2024 D. Galfus 0.3 Analyzed the status of the sale process.

7/29/2024 R. Zaidman 1.3 Reviewed sales data room for latest file posting for bidders re:
financial performance.

7/30/2024 J. Rogala 2.6 Prepared sale process update slides for 7/31 UCC report using data
from Debtors' advisors.

7/30/2024 J. Rogala 1.6 Continued to prepare sale process update slides for 7/31 UCC report
using data from Debtors' advisors.

Berkeley Research Group, LLC Invoice for the 6/28/2024 - 7/31/2024 Period
Page 5 of 34
Case 24-11217-BLS Doc 524-2 Filed 09/13/24 Page 6 of 34
Date Professional Hours Description

01. Asset Acquisition/ Disposition

7/30/2024 R. Zaidman 0.9 Analyzed sales related analysis received from AlixPartners (J.
Zermeno).

7/30/2024 R. Zaidman 0.6 Participated in call with AlixPartners (J. Zermeno, M. Del Priore) re:
certain sales related analysis.

7/30/2024 R. Cohen 0.6 Participated in call with AlixPartners (J. Zermeno, M. Del Priore) re:
waterfall analysis of potential bids.

7/30/2024 R. Zaidman 0.6 Reviewed certain segmented projected financial data from sales data
room.

7/30/2024 D. Galfus 0.5 Evaluated the status of the Debtors' sale process.

7/30/2024 R. Cohen 0.5 Reviewed revised sale process outreach tracker provided by the
Debtors.

7/30/2024 D. Galfus 0.4 Participated in a call with PJT (D. Friesner; M. Schlappig) re: the sale
process.

7/30/2024 R. Zaidman 0.4 Participated in call with PJT (D. Friesner, M. Schlappig) re: latest sales
status.

7/31/2024 E. Buthusiem 1.9 Reviewed 7/31 sale process update report.

7/31/2024 R. Zaidman 1.1 Analyzed sales related analysis received from AlixPartners (J.
Zermeno).

7/31/2024 R. Cohen 0.6 Analyzed bid analysis provided by the Debtors.

Task Code Total Hours 111.7

04. DIP Financing

6/29/2024 R. Zaidman 0.8 Reviewed DIP financing motion.

6/29/2024 D. Galfus 0.7 Analyzed the Debtors' DIP financing.

6/30/2024 D. Galfus 0.9 Analyzed the Debtors' DIP financing.

7/1/2024 J. Rogala 2.9 Prepared DIP comparables analysis.

7/1/2024 R. Cohen 2.4 Analyzed DIP terms of comparable cases to the Debtors.

7/1/2024 J. Rogala 2.2 Continued to prepare DIP comparables analysis.

7/1/2024 A. Kabir 1.1 Prepared comparison of first lien lenders who did and did not
participate in the DIP.

7/1/2024 R. Zaidman 0.6 Reviewed DIP agreement to understand terms.

Berkeley Research Group, LLC Invoice for the 6/28/2024 - 7/31/2024 Period
Page 6 of 34
Case 24-11217-BLS Doc 524-2 Filed 09/13/24 Page 7 of 34
Date Professional Hours Description

04. DIP Financing

7/1/2024 R. Zaidman 0.3 Analyzed DIP related support files from PJT (D. Friesner).

7/2/2024 R. Cohen 2.9 Prepared presentation related to DIP issues to be used on a call with
MWE.

7/2/2024 J. Rogala 2.8 Prepared summary schedule of Debtors' DIP Comparables analysis.

7/2/2024 J. Rogala 2.6 Prepared DIP comparables analysis.

7/2/2024 A. Kabir 2.2 Compared the first lien term lender list to DIP allocation post
syndication to identify variances.

7/2/2024 J. Rogala 1.8 Reviewed Debtors' DIP comparables analysis.

7/2/2024 R. Cohen 1.6 Analyzed DIP funding allocation schedule provided by the Debtors.

7/2/2024 R. Cohen 1.5 Analyzed DIP issues list prepared by MWE.

7/2/2024 D. Galfus 1.4 Analyzed the Debtors' DIP motion.

7/2/2024 J. Rogala 1.4 Continued to prepare summary schedule of Debtors' DIP Comparables
analysis.

7/2/2024 R. Zaidman 1.4 Reviewed draft BRG analysis related to DIP comparables.

7/2/2024 R. Zaidman 0.7 Reviewed preliminary DIP issues list from MWE team (M. Kandestin).

7/2/2024 R. Zaidman 0.6 Analyzed DIP comparables provided by PJT (D. Friesner).

7/2/2024 R. Zaidman 0.6 Analyzed DIP related diligence related to DIP proposals provided by
PJT (D. Friesner).

7/2/2024 R. Cohen 0.6 Continued to prepare presentation related to DIP issues to be used on
a call with MWE.

7/2/2024 R. Zaidman 0.4 Reviewed certain fee terms of DIP comparables from PJT (D. Friesner).

7/2/2024 R. Zaidman 0.3 Participated in call with AlixPartners (M. Del Priore) re: DIP diligence,
first day motion diligence.

7/3/2024 R. Zaidman 0.7 Analyzed diligence received from PJT (D. Friesner) re: pre petition DIP
proposal negotiations.

7/3/2024 R. Cohen 0.5 Analyzed DIP lender and first lien lists provided by the Debtors.

7/3/2024 D. Galfus 0.5 Developed diligence list for the DIP financing.

7/5/2024 R. Zaidman 0.6 Analyzed DIP participants as compared to pre petition holders re:
backstop parties.

Berkeley Research Group, LLC Invoice for the 6/28/2024 - 7/31/2024 Period
Page 7 of 34
Case 24-11217-BLS Doc 524-2 Filed 09/13/24 Page 8 of 34
Date Professional Hours Description

04. DIP Financing

7/5/2024 D. Galfus 0.6 Analyzed the Debtors DIP motion and related forecast.

7/6/2024 R. Cohen 1.7 Analyzed backstop component of the DIP.

7/6/2024 D. Galfus 0.5 Reviewed the DIP terms.

7/8/2024 R. Cohen 1.4 Reviewed redline of final DIP order.

7/8/2024 D. Galfus 0.6 Reviewed DIP motion and related issues.

7/9/2024 R. Zaidman 0.4 Reviewed latest correspondence from MWE (K. Going) re: DIP order
changes.

7/11/2024 R. Zaidman 0.6 Reviewed final DIP order as filed with the Bankruptcy Court.

7/12/2024 E. Hengel 0.9 Reviewed final DIP order.

7/19/2024 R. Zaidman 0.6 Analyzed DIP budget based on cash results through July 12, 2024 to
understand potential DIP funding need in future weeks.

Task Code Total Hours 44.3

05. Professional Retention/ Fee Application Preparation

7/1/2024 E. Degnan 1.8 Prepared conflict check.

7/3/2024 M. Haverkamp 1.1 Prepared retention application package.

7/3/2024 M. Haverkamp 0.2 Corresponded with Counsel (R. Trickey) re: retention documents
planning/timing.

7/5/2024 H. Henritzy 2.9 Prepared retention documents.

7/5/2024 H. Henritzy 2.4 Continued to prepare retention documents.

7/5/2024 E. Hengel 0.4 Reviewed items related to retention application and other
administrative issues.

7/5/2024 M. Haverkamp 0.2 Prepared retention application.

7/9/2024 M. Haverkamp 2.9 Continued editing retention application package.

7/9/2024 E. Degnan 2.9 Prepared conflict check.

7/9/2024 M. Haverkamp 2.8 Edited retention application package.

7/9/2024 D. Galfus 1.4 Reviewed BRG's retention documents.

7/9/2024 E. Degnan 0.6 Continued to prepare conflict check.

Berkeley Research Group, LLC Invoice for the 6/28/2024 - 7/31/2024 Period
Page 8 of 34
Case 24-11217-BLS Doc 524-2 Filed 09/13/24 Page 9 of 34
Date Professional Hours Description

05. Professional Retention/ Fee Application Preparation

7/9/2024 R. Zaidman 0.5 Reviewed draft BRG retention application.

7/10/2024 M. Haverkamp 0.1 Corresponded with Counsel (D. Hurst) re: BRG retention.

7/12/2024 M. Haverkamp 0.1 Prepared fee estimate for escrow allocation.

7/15/2024 M. Haverkamp 0.3 Prepared first monthly fee application.

7/18/2024 M. Haverkamp 0.1 Drafted Vyaire UST response.

7/19/2024 M. Haverkamp 0.3 Drafted response to UST on BRG retention.

7/25/2024 M. Haverkamp 0.3 Prepared first monthly fee application.

Task Code Total Hours 21.3

07. Interaction/ Meetings with Debtors/ Counsel

6/29/2024 R. Zaidman 0.2 Corresponded with PJT (C. Braley) re: initial meeting with financial
advisor.

6/29/2024 R. Zaidman 0.2 Corresponded with PJT (M. Schlappig) re: initial meeting with
investment bank.

6/30/2024 E. Hengel 0.9 Prepared agenda items for calls with Debtors' advisors.

7/1/2024 R. Cohen 2.1 Prepared diligence request list.

7/1/2024 D. Galfus 1.0 Participated in a call with PJT (M. Schlappig; A. Choudhry; D. Friesner)
re: the status of the sale process and other case matters along with
next steps.

7/1/2024 E. Buthusiem 1.0 Participated in a call with PJT (M. Schlappig; A. Choudhry; D. Friesner)
re: the status of the sale process.

7/1/2024 R. Zaidman 1.0 Participated in call with PJT (M. Schlappig, D. Friesner) re: sales
process and DIP.

7/1/2024 D. Galfus 0.8 Participated in a call with AlixPartners (C. Braley; M. Priore; J.
Zermeno) re: the liquidity and other factors.

7/1/2024 R. Zaidman 0.8 Participated in call with AlixPartners (C. Braley, M. Del Priore, J.
Zermeno) re: DIP budget and case status.

7/1/2024 E. Hengel 0.8 Participated in call with M. Del Priore (AlixPartners) to discuss case
issues and plan going forward.

7/1/2024 R. Zaidman 0.4 Reviewed UCC professional diligence request list to send to MWE
team for review.

Berkeley Research Group, LLC Invoice for the 6/28/2024 - 7/31/2024 Period
Page 9 of 34
Case 24-11217-BLS Doc 524-2 Filed 09/13/24 Page 10 of 34
Date Professional Hours Description

07. Interaction/ Meetings with Debtors/ Counsel

7/1/2024 R. Cohen 0.3 Edited diligence request list based on comments from BRG team.

7/2/2024 R. Zaidman 0.6 Reviewed UCC professional diligence request list to send to
AlixPartners (M. Del Priore).

7/3/2024 R. Zaidman 0.7 Participated in call with AlixPartners (M. Del Priore, J. Zermeno, R.
Robbins) re: first day support and critical vendors.

7/3/2024 R. Cohen 0.7 Participated on a call with AlixPartners (M. Del Priore, J. Zermeno, R.
Robbins) re: supporting files for first day related payments.

7/3/2024 R. Cohen 0.6 Reviewed revised request list prepared by junior staff.

7/3/2024 D. Galfus 0.5 Participated in a portion of a call with AlixPartners (M. Priore; J.
Zermeno) re: first day related support.

7/15/2024 R. Zaidman 0.3 Corresponded with MWE (M. Kandestin) re: document request list.

7/16/2024 R. Zaidman 0.5 Reviewed draft document request list from MWE (K. Newsome).

7/17/2024 R. Zaidman 0.4 Reviewed updated draft document request list from MWE (K.
Newsome).

7/18/2024 R. Zaidman 0.5 Participated in call with AlixPartners (R. Robbins) re: contracts, cure
costs, critical vendors.

7/18/2024 R. Cohen 0.3 Participated in call with AlixPartners (J. Zermeno, M. Del Priore) re:
contracts cures, liability obligations, and sales process.

7/18/2024 R. Zaidman 0.3 Participated in call with AlixPartners (M. Del Priore, J. Zermeno) re:
contracts cures, liability obligations, sales process.

7/19/2024 D. Galfus 0.5 Participated in a call with PJT (D. Friesner); AlixPartners (M. Priore)
and Kirkland & Ellis (Y. Salloum) and K. Going (MWE) re: the sale
process and next steps.

7/19/2024 R. Zaidman 0.5 Participated in call with PJT (D. Friesner), Kirkland & Ellis (Y. Salloum),
MWE (K. Going) re: sales process and case status.

7/23/2024 R. Zaidman 0.4 Reviewed draft Committee second request for production of
documents at the request of MWE (R. Trickey).

Task Code Total Hours 16.3

08. Interaction/ Meetings with Creditors/ Counsel

6/30/2024 D. Galfus 0.5 Participated in a call with MWE (D. Azman; K. Going) re: the second
day hearing and next steps.

6/30/2024 R. Zaidman 0.5 Participated in call with MWE team (D. Azman, K. Going, D. Hurst) re:
UCC work streams, first day motions.

Berkeley Research Group, LLC Invoice for the 6/28/2024 - 7/31/2024 Period
Page 10 of 34
Case 24-11217-BLS Doc 524-2 Filed 09/13/24 Page 11 of 34
Date Professional Hours Description

08. Interaction/ Meetings with Creditors/ Counsel

6/30/2024 E. Hengel 0.5 Participated in kickoff call with D. Azman, D. Hurst, K. Going (MWE).

7/1/2024 D. Galfus 0.9 Participated in a call with MWE (K. Going; D. Hurst; M. Kandestin) re:
DIP issues and other case matters.

7/1/2024 R. Zaidman 0.9 Participated in call with MWE team (K. Going, D. Hurst) re: sales
process and first day motions.

7/1/2024 E. Hengel 0.5 Participated in a portion of kickoff call with K. Going (MWE).

7/2/2024 E. Buthusiem 1.5 Participated in a call with MWE (K. Going, D. Hurst, M. Kandestin) re:
sale process and other case matters.

7/2/2024 D. Galfus 1.5 Participated in a call with MWE (K. Going, D. Hurst, M. Kandestin) re:
various case matters including the DIP and sale process.

7/2/2024 R. Zaidman 0.8 Participated in call (partial) with MWE team (K. Going, D. Hurst) re:
DIP and first day motions.

7/2/2024 E. Hengel 0.5 Participated in a portion of call with K. Going (MWE) to discuss DIP
issues.

7/3/2024 D. Galfus 1.0 Held call with K. Going (MWE) re: case matters including the DIP
financing.

7/3/2024 E. Buthusiem 1.0 Participated in a call with MWE (K. Going) re: DIP budget detail and
other case matters.

7/3/2024 R. Zaidman 1.0 Participated in call with MWE (K. Going) re: DIP budget detail, case
matters.

7/3/2024 D. Galfus 0.4 Reviewed the draft bylaws for the Committee.

7/3/2024 R. Zaidman 0.3 Reviewed draft Committee bylaws.

7/5/2024 D. Galfus 0.8 Participated in a call with MWE (K. Going, M. Kandestin; R. Trickey) re:
DIP motion and other case matters.

7/5/2024 R. Zaidman 0.8 Participated in call with MWE team (K. Going, M. Kandestin, R.
Trickey) re: DIP motion, case update.

7/8/2024 D. Galfus 1.4 Participated in a call with MWE (K. Going; R. Trickey; M. Kandestin) re:
the DIP issues and other case matters.

7/8/2024 R. Zaidman 1.4 Participated in call with MWE team (K. Going, M. Kandestin, R.
Trickey) re: DIP and bidding procedures motion.

7/8/2024 E. Buthusiem 1.0 Participated in a call with MWE (K. Going; R. Trickey; M. Kandestin) re:
case matters.

Berkeley Research Group, LLC Invoice for the 6/28/2024 - 7/31/2024 Period
Page 11 of 34
Case 24-11217-BLS Doc 524-2 Filed 09/13/24 Page 12 of 34
Date Professional Hours Description

08. Interaction/ Meetings with Creditors/ Counsel

7/8/2024 E. Hengel 0.7 Reviewed materials in advance of weekly Committee meeting.

7/9/2024 D. Galfus 0.2 Held call with K. Going (MWE) re: DIP and other case matters.

7/9/2024 D. Galfus 0.2 Reviewed the Committee bylaws.

7/10/2024 D. Galfus 1.4 Participated in a call with MWE (D. Azman; M. Kandestin) and the
Committee re: various case matters including the DIP motion and bid
procedures.

7/10/2024 R. Zaidman 1.4 Participated in call with Committee and MWE team (D. Azman, M.
Kandestin) re: case updates.

7/10/2024 E. Hengel 1.0 Participated in partial call with Committee and MWE team (D. Azman,
M. Kandestin).

7/10/2024 D. Galfus 0.5 Participated in a call with MWE (D. Azman; K. Going; M. Kandestin) in
preparation for the upcoming Committee call.

7/10/2024 R. Zaidman 0.5 Participated in call with MWE team (D. Azman, K. Going, M.
Kandestin) re: DIP, sales process, Committee pre call.

7/16/2024 D. Galfus 0.9 Participated in a call with MWE (K. Going; M. Kandestin) in
preparation for upcoming Committee call.

7/16/2024 R. Zaidman 0.9 Participated in call with MWE team (K. Going, D. Hurst, M. Kandestin)
re: sales process, case status.

7/16/2024 E. Buthusiem 0.9 Participated in prep call with MWE (K. Going; M. Kandestin) for
upcoming Committee call.

7/17/2024 D. Galfus 0.8 Participated in a call with MWE (K. Going) and the Committee re:
agenda of case matters including sale process and liquidity.

7/17/2024 R. Zaidman 0.8 Participated in call with Committee and MWE team (K. Going, M.
Kandestin) re: latest case developments.

7/17/2024 E. Buthusiem 0.8 Participated in call with Committee and MWE team (K. Going, M.
Kandestin) re: sale process.

7/17/2024 E. Hengel 0.5 Participated in a partial call with Committee and MWE team (K. Going,
M. Kandestin) re: case updates.

7/17/2024 D. Galfus 0.3 Held call with K. Going (MWE) re: sale process and other matters.

7/22/2024 D. Galfus 1.3 Participated in call with MWE (K. Going; R. Trickey) re: the status of
the sale process and other matters.

7/22/2024 R. Zaidman 1.3 Participated in call with MWE team (K. Going, M. Kandestin, D. Hurst,
partial) re: case status and next steps.

Berkeley Research Group, LLC Invoice for the 6/28/2024 - 7/31/2024 Period
Page 12 of 34
Case 24-11217-BLS Doc 524-2 Filed 09/13/24 Page 13 of 34
Date Professional Hours Description

08. Interaction/ Meetings with Creditors/ Counsel

7/22/2024 E. Buthusiem 1.0 Participated in a portion of call with MWE team (K. Going, M.
Kandestin, D. Hurst, partial) re: sale process.

7/23/2024 E. Hengel 0.4 Participated in call with K. Going (MWE) regarding various case
updates.

7/23/2024 R. Zaidman 0.4 Participated in call with MWE team (K. Going, M. Kandestin, D. Hurst)
re: case status, sales process, DIP and next steps.

7/23/2024 D. Galfus 0.2 Held call with K. Going (MWE) re: various case matters.

7/23/2024 R. Zaidman 0.2 Participated in call with MWE (K. Going) re: case matters, sales
process, DIP.

7/24/2024 D. Galfus 1.1 Participated in a call with the Committee, MWE (K. Going; D. Azman)
re: agenda of matters including statements and schedule reporting.

7/24/2024 R. Zaidman 1.1 Participated in call with Committee and MWE team (K. Going, M.
Kandestin) re: latest case status and developments.

7/24/2024 D. Galfus 0.6 Participated in a call with Rothschild (M. Sutter; J. Rosenthal) re: sale
process and other case matters.

7/24/2024 R. Zaidman 0.6 Participated in call with Rothschild (M. Sutter, J. Rosenthal) re:
lenders' advisory, case status.

7/24/2024 E. Hengel 0.5 Participated in a portion of a call with UCC and MWE team (K. Going,
M. Kandestin) re: case update.

7/24/2024 D. Galfus 0.4 Held call with K. Going (MWE) re: retention issues and other case
matters.

7/24/2024 D. Galfus 0.4 Held follow up call with K. Going (MWE) re: retention issues and case
matters.

7/24/2024 R. Zaidman 0.4 Participated in call with MWE (K. Going) re: case issues, including
retention.

7/30/2024 D. Galfus 0.7 Participated in a call with the MWE (K. Going; M. Kandestin) re sale
process and investigation matters.

7/30/2024 R. Zaidman 0.7 Participated in call with MWE team (K. Going, M. Kandestin) re: case
status, next steps.

7/31/2024 D. Galfus 0.2 Reviewed Committee communications from Counsel.

7/31/2024 R. Zaidman 0.2 Reviewed draft correspondence update to the Committee from MWE
(R. Trickey).

Task Code Total Hours 40.7

Berkeley Research Group, LLC Invoice for the 6/28/2024 - 7/31/2024 Period
Page 13 of 34
Case 24-11217-BLS Doc 524-2 Filed 09/13/24 Page 14 of 34
Date Professional Hours Description

12. Statements and Schedules

7/9/2024 J. Rogala 2.7 Prepared summary schedules of Schedule E/F from Debtors'
SOFA/SOALs for ad hoc UCC report.

7/9/2024 R. Zaidman 0.7 Reviewed Schedules of Assets and Liabilities as filed.

7/9/2024 R. Zaidman 0.6 Reviewed Statement of Financial Affairs as filed.

7/10/2024 J. Rogala 2.9 Prepared summary schedule of insider payments from Debtors'
SOFA/SOALs for ad hoc UCC report.

7/10/2024 J. Rogala 2.9 Revised summary schedule of insider payments from Debtors'
SOFA/SOALs for ad hoc UCC report to incorporate internal comments.

7/10/2024 J. Rogala 2.5 Continued to revise summary schedule of insider payments from
Debtors' SOFA/SOALs for ad hoc UCC report to incorporate internal
comments.

7/10/2024 J. Rogala 2.2 Continued to prepare summary schedule of insider payments from
Debtors' SOFA/SOALs for ad hoc UCC report.

7/10/2024 R. Cohen 1.9 Reviewed the Debtors' Statements of Financial Affairs.

7/10/2024 R. Zaidman 1.1 Analyzed unsecured claims on Schedule F on Schedules of Assets and
Liabilities as filed.

7/10/2024 R. Zaidman 0.8 Analyzed historical payments in SOFA 3 re: 90 day payments.

7/10/2024 R. Cohen 0.8 Reviewed the Debtors' Schedules of Assets and Liabilities.

7/10/2024 R. Zaidman 0.6 Analyzed historical payments in SOFA 4 re: insider payments.

7/11/2024 J. Rogala 2.9 Edited summary schedule of insider payments from Debtors'
SOFA/SOALs for ad hoc UCC report to incorporate internal comments.

7/11/2024 J. Rogala 2.9 Prepared SOFA summary schedules using Debtors' SOFA/SOALs for ad
hoc UCC report.

7/11/2024 J. Rogala 2.6 Prepared assets summary using Debtors' SOFA/SOALs for ad hoc UCC
report.

7/11/2024 R. Cohen 1.1 Reviewed SOFA 3 and related payments to identify any potential
preferences.

7/11/2024 R. Zaidman 1.0 Analyzed Debtors' historical compensation programs per wages
motion to insider payments' schedule.

7/11/2024 R. Zaidman 0.7 Analyzed certain larger SOFA payments on SOFA 3.

7/11/2024 R. Cohen 0.7 Reviewed schedule summarizing SOFA 4.

Berkeley Research Group, LLC Invoice for the 6/28/2024 - 7/31/2024 Period
Page 14 of 34
Case 24-11217-BLS Doc 524-2 Filed 09/13/24 Page 15 of 34
Date Professional Hours Description

12. Statements and Schedules

7/11/2024 D. Galfus 0.6 Reviewed the Statements and Schedules reporting.

7/12/2024 J. Rogala 2.9 Prepared commentary for ad hoc UCC report on Debtors' SOFA/SOALs.

7/12/2024 J. Rogala 2.9 Prepared SOAL summary schedules using Debtors' SOFA/SOALs for ad
hoc UCC report.

7/12/2024 J. Rogala 2.9 Prepared SOFA summary schedules using Debtors' SOFA/SOALs for ad
hoc UCC report.

7/12/2024 J. Rogala 2.7 Continued to prepare SOAL summary schedules using Debtors'
SOFA/SOALs for ad hoc UCC report.

7/12/2024 J. Rogala 2.1 Continued to prepare SOFA summary schedules using Debtors'
SOFA/SOALs for ad hoc UCC report.

7/12/2024 R. Cohen 1.4 Prepared report for UCC Counsel related to SOFA 4 re: insider
payments.

7/12/2024 R. Cohen 0.8 Reviewed detail of the Debtors' Statements and Schedules.

7/12/2024 R. Cohen 0.7 Reviewed charts prepared by junior staff to be included in Statements
and Schedules report for the UCC.

7/12/2024 R. Zaidman 0.7 Reviewed SOFA and Schedules for intercompany related activity.

7/12/2024 R. Zaidman 0.6 Reviewed priority related claims listed in Schedule E.

7/13/2024 J. Rogala 2.9 Prepared commentary for ad hoc UCC report on Debtors' SOFA/SOALs.

7/13/2024 J. Rogala 2.9 Prepared SOAL summary schedules using Debtors' SOFA/SOALs for ad
hoc UCC report.

7/13/2024 J. Rogala 2.6 Continued to prepare commentary for ad hoc UCC report on Debtors'
SOFA/SOALs.

7/13/2024 J. Rogala 1.8 Revised summary schedule of insider payments from Debtors'
SOFA/SOALs for ad hoc UCC report to incorporate internal comments.

7/13/2024 J. Rogala 1.1 Revised SOFA/SOAL presentation for ad hoc UCC report to incorporate
internal comments.

7/14/2024 R. Muruganandam 2.9 Reviewed UCC presentation regarding Statements of Financial Affairs
and Schedules of Assets and Liabilities.

7/14/2024 J. Rogala 0.7 Revised SOFA/SOAL presentation for ad hoc UCC report to incorporate
internal comments.

7/14/2024 R. Cohen 0.3 Reviewed draft of Statements and Schedules report prepared by
junior staff.

Berkeley Research Group, LLC Invoice for the 6/28/2024 - 7/31/2024 Period
Page 15 of 34
Case 24-11217-BLS Doc 524-2 Filed 09/13/24 Page 16 of 34
Date Professional Hours Description

12. Statements and Schedules

7/14/2024 R. Muruganandam 0.1 Continued to review UCC presentation regarding Statements of
Financial Affairs and Schedule of Assets and Liabilities.

7/15/2024 J. Rogala 2.9 Revised SOFA/SOAL report to incorporate internal comments.

7/15/2024 J. Rogala 2.3 Continued to revise SOFA/SOAL report to incorporate internal
comments.

7/15/2024 R. Cohen 0.9 Reviewed latest draft of Statements and Schedules report prepared by
junior staff.

7/15/2024 R. Zaidman 0.6 Analyzed SOFA 3 re: payments within 90 days of Petition Date.

7/16/2024 J. Rogala 2.8 Continued to revise SOFA/SOAL report to incorporate internal
comments.

7/16/2024 R. Cohen 2.8 Edited Statements and Schedules report to reflect comments from
BRG team.

7/16/2024 J. Rogala 2.7 Edited SOFA/SOAL report to incorporate internal comments.

7/16/2024 R. Cohen 2.5 Edited Statements and Schedules report prepared by junior staff.

7/16/2024 R. Zaidman 1.1 Analyzed certain Schedules of Assets and Liabilities re: Schedule F.

7/16/2024 R. Zaidman 0.8 Reviewed draft BRG analysis of SOFAs.

7/16/2024 R. Zaidman 0.7 Reviewed draft BRG analysis of Schedules of Assets and Liabilities.

7/17/2024 J. Rogala 2.9 Revised SOFA/SOAL presentation to incorporate internal comments.

7/17/2024 R. Cohen 2.2 Reviewed revised Statements and Schedules report.

7/17/2024 J. Rogala 2.1 Continued to revise SOFA/SOAL presentation to incorporate internal
comments.

7/17/2024 R. Zaidman 0.6 Reviewed historical payments over 90 period from SOFAs.

7/18/2024 J. Rogala 2.9 Revised SOFA/SOAL report to incorporate internal comments.

7/18/2024 A. Kashanirokh 2.2 Reviewed proofs of claims filed with the Court.

7/18/2024 J. Rogala 2.2 Revised schedules included SOFA/SOAL report to incorporate internal
comments.

7/18/2024 R. Cohen 1.2 Reviewed revised Statements and Schedules report prepared by junior
staff.

7/18/2024 D. Galfus 0.9 Reviewed the Statements and Schedules and related reporting.

Berkeley Research Group, LLC Invoice for the 6/28/2024 - 7/31/2024 Period
Page 16 of 34
Case 24-11217-BLS Doc 524-2 Filed 09/13/24 Page 17 of 34
Date Professional Hours Description

12. Statements and Schedules

7/18/2024 R. Zaidman 0.9 Reviewed updated draft of section of BRG's reporting on Schedule of
Assets and Liabilities.

7/18/2024 R. Zaidman 0.7 Reviewed updated draft of section of BRG's reporting on Statement of
Financial Affairs.

7/18/2024 R. Zaidman 0.3 Corresponded with AlixPartners (R. Robbins, S. Dorsey) re: SOFA
related diligence questions.

7/19/2024 J. Rogala 2.7 Revised SOFA/SOAL commentary report to incorporate internal
comments.

7/19/2024 J. Rogala 2.4 Revised schedules included SOFA/SOAL report to incorporate internal
comments.

7/19/2024 R. Zaidman 1.1 Reviewed updated draft of BRG's reporting on Statement of Financial
Affairs and Schedule of Assets and Liabilities re: comments for the BRG
team.

7/19/2024 D. Galfus 0.4 Reviewed BRG's report on Statements and Schedules.

7/19/2024 R. Zaidman 0.3 Corresponded with MWE (M. Kandestin) re: diligence items, SOFAs
and Schedules.

7/19/2024 R. Zaidman 0.2 Corresponded with AlixPartners (R. Robbins) re: additional SOFA
related diligence question.

7/22/2024 J. Rogala 2.4 Edited SOFA/SOAL report to incorporate internal comments.

7/22/2024 R. Zaidman 1.1 Reviewed latest draft of BRG reporting on SOFAs and Schedules.

7/22/2024 D. Galfus 0.3 Reviewed the Statements and Schedules information.

7/23/2024 R. Cohen 1.3 Reviewed additional slides prepared for Statements and Schedules
report for the UCC.

7/23/2024 R. Zaidman 1.1 Reviewed updated latest draft of BRG reporting on SOFAs and
Schedules based on comments from the BRG team.

7/23/2024 R. Cohen 0.7 Reviewed revised report prepared by junior staff related to
Statements and Schedules.

7/23/2024 D. Galfus 0.7 Reviewed the Statements and Schedules report for the Committee.

7/24/2024 R. Zaidman 0.6 Prepared for Committee call by reviewing BRG SOFAs and Schedules
reporting.

7/25/2024 A. Kashanirokh 1.3 Analyzed schedule of claims found in docket filings.

Task Code Total Hours 121.0

Berkeley Research Group, LLC Invoice for the 6/28/2024 - 7/31/2024 Period
Page 17 of 34
Case 24-11217-BLS Doc 524-2 Filed 09/13/24 Page 18 of 34
Date Professional Hours Description

13. Intercompany Transactions/ Balances

7/7/2024 R. Zaidman 0.5 Reviewed certain intercompany loan agreements with foreign entities.

7/10/2024 R. Zaidman 1.2 Reviewed entity level organizational chart to understand certain
intercompany transactions.

7/11/2024 R. Zaidman 0.7 Analyzed organizational chart to understand non Debtor relationship
re: intercompany activity.

7/11/2024 D. Galfus 0.5 Reviewed the Debtors' foreign affiliates.

7/11/2024 D. Galfus 0.4 Analyzed the Debtors' intercompany accounts.

7/12/2024 R. Zaidman 1.2 Reviewed intercompany matrix as of May 2024 as provided by
AlixPartners (J. Zermeno).

7/12/2024 D. Galfus 0.6 Evaluated the Debtors' intercompany accounts.

7/15/2024 A. Kashanirokh 2.9 Prepared analysis of intercompany balances for Debtors.

7/15/2024 R. Cohen 2.6 Analyzed intercompany matrix provided by the Debtors.

7/15/2024 A. Kashanirokh 2.0 Prepared analysis of intercompany balances for Debtors.

7/15/2024 R. Zaidman 1.3 Reviewed organizational chart entity structures re: intercompany
transactions.

7/15/2024 R. Zaidman 0.9 Reviewed Debtors' periodic reporting on non Debtors as filed with the
Bankruptcy Court.

7/16/2024 A. Kashanirokh 1.7 Prepared summary related to the Debtors' intercompany matrix.

7/16/2024 R. Cohen 1.6 Edited intercompany analysis.

7/16/2024 R. Zaidman 0.8 Reviewed historical intercompany transaction balances as of May
2024.

7/17/2024 R. Zaidman 1.2 Analyzed BRG analysis of intercompany balances matrix.

7/19/2024 R. Zaidman 0.7 Reviewed intercompany related agreements provided by AlixPartners
(J. Zermeno).

7/22/2024 A. Kashanirokh 2.9 Analyzed intercompany agreement schedules with detail included in
the data room.

7/22/2024 A. Kashanirokh 0.8 Continued to analyze intercompany agreement schedules with detail
included in the data room.

7/23/2024 A. Kashanirokh 1.8 Reviewed intercompany agreement schedules for key information
regarding contract terms.

Berkeley Research Group, LLC Invoice for the 6/28/2024 - 7/31/2024 Period
Page 18 of 34
Case 24-11217-BLS Doc 524-2 Filed 09/13/24 Page 19 of 34
Date Professional Hours Description

13. Intercompany Transactions/ Balances

7/23/2024 R. Cohen 0.4 Reviewed intercompany agreements analysis prepared by junior staff.

7/25/2024 R. Cohen 1.1 Reviewed intercompany distribution and service agreements.

7/26/2024 A. Kashanirokh 1.7 Analyzed the trial balances of certain Debtors and Non Debtors.

7/26/2024 R. Cohen 1.2 Compared organizational chart to known Debtor and non Debtor
entities to confirm universe of related entities.

7/29/2024 A. Kashanirokh 0.8 Analyzed intercompany agreement schedules.

Task Code Total Hours 31.5

14. Executory Contracts/ Leases

7/12/2024 R. Zaidman 1.1 Analyzed contract assumption schedule as filed with the Bankruptcy
Court.

7/15/2024 R. Cohen 0.8 Reviewed contract cure schedule provided by the Debtors.

7/17/2024 R. Zaidman 0.8 Reviewed contract cure assumptions as filed with the Bankruptcy re:
comparison to Schedule F.

7/18/2024 R. Cohen 0.9 Analyzed contract cure schedule filed by the Debtors.

7/18/2024 R. Zaidman 0.4 Prepared summary correspondence to send to MWE (K. Going) re:
contract cure schedule, other case matters.

7/19/2024 R. Zaidman 0.6 Analyzed cure schedule as filed by the Debtors re: creditor level detail.

7/23/2024 R. Zaidman 0.4 Reviewed certain objections to contract assumption cure amounts.

7/24/2024 R. Zaidman 0.8 Reviewed certain contract files posted in the data room.

7/26/2024 R. Cohen 1.2 Reviewed objections to cure amounts to understand potential size of
required cures.

7/29/2024 R. Zaidman 1.1 Reviewed certain contracts in the sales data room re: potential
contract assumption by buyer.

7/29/2024 R. Cohen 0.3 Reviewed summary of cure objections.

7/30/2024 R. Cohen 0.3 Edited summary schedule of cure objections.

Task Code Total Hours 8.7

17. Analysis of Historical Results

7/2/2024 R. Zaidman 0.7 Reviewed historical financial statements as of April 2024 from PJT data
room.

Berkeley Research Group, LLC Invoice for the 6/28/2024 - 7/31/2024 Period
Page 19 of 34
Case 24-11217-BLS Doc 524-2 Filed 09/13/24 Page 20 of 34
Date Professional Hours Description

17. Analysis of Historical Results

7/7/2024 R. Zaidman 0.5 Analyzed historical trial balance information by entity as of February
2024.

7/9/2024 R. Zaidman 0.5 Reviewed trial balance by entity as of February 2024.

7/11/2024 R. Zaidman 1.3 Reviewed historical financial statements by legal entity re:
consolidating financial statements as of February 2024.

7/11/2024 R. Cohen 0.4 Reviewed periodic report filed by the Debtors which provides financial
information on related non Debtors.

7/15/2024 A. Kashanirokh 2.5 Prepared historical balance sheet analysis of certain non Debtors.

7/15/2024 R. Cohen 1.7 Reviewed non Debtor balance sheet analysis prepared by junior staff.

7/16/2024 A. Kashanirokh 2.9 Prepared income statement analysis of the company's historical
financials.

7/16/2024 A. Kashanirokh 1.4 Analyzed trial balances to reconcile income statements for certain non
Debtors with detail included in the data room.

7/16/2024 A. Kashanirokh 1.1 Prepared balance sheet analysis of certain non Debtors.

7/16/2024 R. Cohen 0.4 Reviewed trial balance level detail of historical financials.

7/16/2024 A. Kashanirokh 0.3 Continued to prepare analysis of the company's historical financials.

7/17/2024 A. Kashanirokh 2.9 Analyzed trial balance detail included in data room.

7/17/2024 A. Kashanirokh 2.9 Prepared analysis of the Company's historical cash flows.

7/17/2024 J. Rogala 2.8 Reviewed data room for files pertaining to historical financials.

7/17/2024 G. Brucia 2.3 Reviewed company financials for purpose of valuation.

7/17/2024 R. Cohen 1.1 Reviewed historical consolidated cash flow statements.

7/17/2024 A. Kashanirokh 1.0 Reviewed historical financial documents included in the data room.

7/17/2024 R. Zaidman 0.9 Reviewed sales data room files related to historical financial
statements through filing date.

7/17/2024 R. Cohen 0.4 Reviewed trial balance detail of historical financials.

7/17/2024 A. Kashanirokh 0.3 Continued to analyze trial balance detail included in data room.

7/17/2024 A. Kashanirokh 0.3 Continued to prepare analysis of the Company's historical cash flows.

Berkeley Research Group, LLC Invoice for the 6/28/2024 - 7/31/2024 Period
Page 20 of 34
Case 24-11217-BLS Doc 524-2 Filed 09/13/24 Page 21 of 34
Date Professional Hours Description

17. Analysis of Historical Results

7/18/2024 J. Rogala 2.7 Prepared balance sheet using trial balance from data room.

7/18/2024 A. Kashanirokh 2.3 Analyzed trial balance detail included in data room.

7/18/2024 R. Zaidman 1.7 Analyzed historical entity level financial statements to understand
asset and liability balances by Debtor and non Debtor entity.

7/18/2024 E. Buthusiem 1.6 Analyzed historical financial statements of the Debtors.

7/18/2024 R. Cohen 0.4 Reviewed balance sheet detail of certain entities related to the
Debtors' respiratory diagnostics business.

7/19/2024 A. Kashanirokh 2.9 Continued to prepare non Debtor analysis report with detail included
in data room.

7/19/2024 A. Kashanirokh 2.9 Prepared non Debtor analysis report with detail included in data room.

7/19/2024 G. Brucia 2.4 Analyzed company financials for purpose of valuation.

7/19/2024 A. Kashanirokh 0.9 Continued to prepare non Debtor analysis report with detail included
in data room.

7/22/2024 G. Brucia 1.6 Performed research for purpose of valuation.

7/23/2024 E. Buthusiem 1.4 Reviewed financial data related to the Debtors for valuation purposes.

7/24/2024 A. Kashanirokh 2.9 Prepared analysis of the non Debtors' historical balance sheet.

7/24/2024 J. Rogala 2.9 Prepared financial statements of non Debtors for non Debtor analysis.

7/24/2024 A. Kashanirokh 2.7 Continued to prepare analysis of the non Debtors' historical balance
sheet.

7/24/2024 J. Rogala 2.4 Reviewed key documents related to non Debtors in preparation for
non Debtor analysis.

7/24/2024 J. Rogala 2.2 Prepared corporate structure charts of non Debtors for non Debtor
analysis.

7/24/2024 J. Rogala 2.1 Continued to prepare financial statements of non Debtors for non
Debtor analysis.

7/24/2024 E. Buthusiem 1.4 Reviewed historical P&L data related to the Debtors for valuation
purposes.

7/24/2024 R. Cohen 0.6 Analyzed periodic report filed by the Debtors related to non Debtor
financials.

Berkeley Research Group, LLC Invoice for the 6/28/2024 - 7/31/2024 Period
Page 21 of 34
Case 24-11217-BLS Doc 524-2 Filed 09/13/24 Page 22 of 34
Date Professional Hours Description

17. Analysis of Historical Results

7/25/2024 A. Kashanirokh 2.9 Prepared analysis of certain docket filings for non Debtor analysis
presentation.

7/25/2024 J. Rogala 2.9 Prepared corporate structure charts for non Debtor analysis.

7/25/2024 J. Rogala 2.7 Prepared commentary for non Debtor entity slides in non Debtor
analysis.

7/25/2024 J. Rogala 2.6 Continued to prepare corporate structure charts for non Debtor
analysis.

7/25/2024 R. Zaidman 2.1 Reviewed financial statements as of May 2024 related to non Debtor
entities.

7/25/2024 R. Cohen 1.5 Analyzed the Company's cash flow statements over the 2022 to 2024
period.

7/25/2024 R. Zaidman 1.3 Analyzed historical cash flow statements from audited financial
statements for 2022-2023.

7/25/2024 A. Kashanirokh 1.3 Prepared balance sheet analysis for certain entities.

7/25/2024 R. Zaidman 0.8 Analyzed historical cash flow statements from audited financial
statements for 2021.

7/25/2024 A. Kashanirokh 0.7 Continued to prepare analysis of certain docket filings for non Debtor
analysis presentation.

7/25/2024 A. Kashanirokh 0.6 Prepared analysis of the Company's historical profit and loss.

7/25/2024 D. Galfus 0.6 Reviewed the Debtors' historical transactions.

7/26/2024 A. Kashanirokh 2.9 Prepared analysis of the Company's historical cash flow and P&L.

7/26/2024 J. Rogala 2.9 Revised corporate structure charts for non Debtor analysis.

7/26/2024 J. Rogala 1.8 Reviewed key documents concerning non Debtor entities for non
Debtor analysis.

7/26/2024 R. Cohen 1.3 Analyzed the Company's historical P&Ls.

7/26/2024 A. Kashanirokh 1.2 Prepared analysis of certain docket filings for non Debtor analysis
presentation.

7/26/2024 D. Galfus 0.8 Reviewed historical transactions.

7/26/2024 A. Kashanirokh 0.4 Continued to prepare analysis of the company's historical cash flow
and P&L.

Berkeley Research Group, LLC Invoice for the 6/28/2024 - 7/31/2024 Period
Page 22 of 34
Case 24-11217-BLS Doc 524-2 Filed 09/13/24 Page 23 of 34
Date Professional Hours Description

17. Analysis of Historical Results

7/29/2024 A. Kashanirokh 2.9 Analyzed operational metrics for certain entities.

7/29/2024 A. Kashanirokh 2.9 Prepared balance sheet analysis for certain entities.

7/29/2024 R. Cohen 2.6 Analyzed summary schedules prepared by junior staff related to non
Debtor financials.

7/29/2024 J. Rogala 2.4 Prepared commentary for non Debtor entity slides in non Debtor
analysis.

7/29/2024 R. Zaidman 1.5 Reviewed historical financial statements for last 12 months by
segment.

7/29/2024 A. Kashanirokh 0.9 Continued to analyze operational metrics for certain entities.

7/29/2024 A. Kashanirokh 0.7 Continued to prepare balance sheet analysis for certain entities.

7/29/2024 E. Buthusiem 0.7 Reviewed historical financial documents for valuation purposes.

7/29/2024 R. Cohen 0.4 Reviewed newly uploaded data room documents related to historical
financial information.

7/30/2024 A. Kashanirokh 2.9 Analyzed historical operational metrics for certain entities.

7/30/2024 J. Rogala 2.4 Revised non Debtor analysis to incorporate internal comments.

7/30/2024 J. Rogala 2.3 Prepared commentary for non Debtor analysis.

7/30/2024 A. Kashanirokh 1.6 Continued to analyze historical operational metrics for certain entities.

7/30/2024 R. Zaidman 1.1 Reviewed BRG draft analysis on historical cash flow activity through
2023.

7/30/2024 R. Zaidman 0.8 Reviewed audited financial statements for 2022.

7/30/2024 R. Cohen 0.5 Reviewed financial analysis prepared by junior staff related to non
Debtor entities.

7/31/2024 A. Kashanirokh 2.9 Continued prepare analysis related to the historical financials of non
Debtors.

7/31/2024 A. Kashanirokh 2.9 Prepared analysis related to the historical financials of non Debtors.

7/31/2024 J. Rogala 2.7 Prepared summary schedules of non Debtor data for non Debtor
analysis.

7/31/2024 A. Kashanirokh 2.4 Continued to prepare analysis related to the historical financials of
non Debtors.

Berkeley Research Group, LLC Invoice for the 6/28/2024 - 7/31/2024 Period
Page 23 of 34
Case 24-11217-BLS Doc 524-2 Filed 09/13/24 Page 24 of 34
Date Professional Hours Description

17. Analysis of Historical Results

7/31/2024 R. Zaidman 1.8 Analyzed historical entity level financial statements related to non
Debtors as of May 2024.

7/31/2024 R. Zaidman 1.3 Analyzed potential liabilities at the Debtors' estate by entity.

Task Code Total Hours 138.5

18. Operating and Other Reports

6/29/2024 J. Rogala 2.6 Prepared report of key data points from first day motions and interim
orders on Court docket.

6/30/2024 J. Rogala 2.6 Prepared report of key data points from first day motions and interim
orders on Court docket.

7/2/2024 R. Cohen 1.8 Prepared workstream/workplan related slides for a report to the UCC.

7/3/2024 J. Rogala 1.6 Prepared summary schedule of vendor motion support.

7/5/2024 D. Galfus 0.7 Reviewed the status of the second day motions.

7/9/2024 J. Rogala 2.4 Prepared commentary for 7/10 UCC liquidity report using data from
Debtors' advisors.

7/23/2024 J. Rogala 2.9 Revised 7/24 UCC liquidity report to incorporate internal comments.

7/23/2024 J. Rogala 2.7 Continued to revise 7/24 UCC liquidity report to incorporate internal
comments.

7/23/2024 R. Zaidman 1.1 Analyzed Monthly Operating Reports as of June 30, 2024.

7/23/2024 D. Galfus 0.6 Reviewed the weekly reporting for the Committee on sale process and
liquidity.

7/24/2024 R. Zaidman 1.3 Analyzed Monthly Operating Reports as of June 30, 2024 re:
consolidated balance sheet.

7/24/2024 R. Zaidman 0.6 Analyzed Monthly Operating Reports as of June 30, 2024 re:
consolidated income statement.

7/26/2024 R. Zaidman 0.8 Analyzed June 2024 entity financial statements from MOR.

Task Code Total Hours 21.7

19. Cash Flow/Cash Management/ Liquidity

6/30/2024 R. Zaidman 0.6 Reviewed cash management motion re: bank accounts and
description of transactions.

7/1/2024 J. Rogala 2.1 Analyzed 13 week DIP budget provided by Debtors' advisors.

Berkeley Research Group, LLC Invoice for the 6/28/2024 - 7/31/2024 Period
Page 24 of 34
Case 24-11217-BLS Doc 524-2 Filed 09/13/24 Page 25 of 34
Date Professional Hours Description

19. Cash Flow/Cash Management/ Liquidity

7/1/2024 R. Cohen 1.2 Analyzed DIP Budget provided by AlixPartners.

7/1/2024 E. Hengel 1.2 Reviewed documents related to investors, administrative expense,
and severance to gauge impact on creditor recoveries.

7/1/2024 R. Zaidman 0.7 Reviewed DIP budget detail provided by AlixPartners (J. Zermeno).

7/1/2024 R. Zaidman 0.3 Corresponded with MWE (R. Trickey) re: cash related matters.

7/2/2024 E. Hengel 0.7 Reviewed additional documents related to liquidity to gauge impact
on ability to satisfy administrative claims.

7/2/2024 D. Galfus 0.6 Analyzed the 13 week liquidity forecast.

7/2/2024 R. Zaidman 0.5 Analyzed certain DIP diligence related files from AlixPartners (J.
Zermeno) re: wind down.

7/2/2024 R. Cohen 0.5 Analyzed wind down budget provided by the Debtors.

7/2/2024 R. Zaidman 0.4 Analyzed certain DIP diligence related files from AlixPartners (J.
Zermeno) re: disbursements detail.

7/2/2024 R. Zaidman 0.4 Analyzed certain DIP diligence related files from AlixPartners (J.
Zermeno) re: receipts detail.

7/3/2024 R. Cohen 2.9 Analyzed supporting files provided by the Debtors related to the first
day payments.

7/3/2024 J. Rogala 2.9 Reviewed data provided by the Debtors that supports proposed
payments in first day motions.

7/3/2024 J. Rogala 2.6 Continued to review data provided by the Debtors that supports
proposed payments in first day motions.

7/3/2024 D. Galfus 1.8 Participated in a follow up call with AlixPartners (M. Priore; J.
Zermeno) re: the 13 week cash flow forecast.

7/3/2024 R. Zaidman 1.8 Participated in call with AlixPartners (M. Del Priore, J. Zermeno) re: 13
week cash flow diligence.

7/3/2024 R. Cohen 1.8 Participated on a call with AlixPartners (M. Del Priore, J. Zermeno) re:
13 week cash flow forecast.

7/3/2024 J. Rogala 1.6 Prepared summary schedules using DIP budget data package from
Debtors' advisors.

7/3/2024 J. Rogala 1.3 Prepared summary schedule of case to date (week ended 6/21) DIP
variance analysis.

Berkeley Research Group, LLC Invoice for the 6/28/2024 - 7/31/2024 Period
Page 25 of 34
Case 24-11217-BLS Doc 524-2 Filed 09/13/24 Page 26 of 34
Date Professional Hours Description

19. Cash Flow/Cash Management/ Liquidity

7/3/2024 R. Zaidman 0.8 Analyzed diligence received from AlixPartners (J. Zermeno) re: first day
motion thresholds.

7/3/2024 J. Rogala 0.8 Reviewed case to date (week ended 6/21) DIP variance analysis
provided by Debtors' advisors.

7/3/2024 R. Cohen 0.2 Continued to analyze supporting files provided by the Debtors related
to the first day payments.

7/5/2024 J. Rogala 2.9 Continued to prepare summary schedules related to data supporting
payments under first day motions.

7/5/2024 J. Rogala 2.9 Prepared summary schedules related to data supporting payments
under first day motions.

7/5/2024 J. Rogala 2.6 Revised summary schedules related to data supporting payments
under first day motions to reflect internal comments.

7/5/2024 R. Zaidman 1.2 Analyzed accounts payable diligence file related detail from
AlixPartners team re: DIP budget disbursement assessment.

7/5/2024 R. Zaidman 0.9 Reviewed cash related diligence items from AlixPartners (J. Zermeno)
re: P&L forecast model.

7/5/2024 R. Zaidman 0.6 Analyzed employee related costs from AlixPartners (J. Zermeno).

7/5/2024 R. Zaidman 0.5 Reviewed diligence support provided by AlixPartners (J. Zermeno) re:
customer programs.

7/6/2024 E. Buthusiem 1.9 Analyzed 13 week cash flow forecast and related assumptions.

7/6/2024 D. Galfus 0.7 Analyzed the Debtors' 13 week liquidity forecast.

7/7/2024 R. Zaidman 0.6 Analyzed DIP variance reporting through June 28, 2024 as sent by
AlixPartners (J. Zermeno).

7/8/2024 J. Rogala 2.9 Prepared 7/10 UCC liquidity report using data from Debtors' advisors.

7/8/2024 J. Rogala 2.4 Continued to prepare 7/10 UCC liquidity report using data from
Debtors' advisors.

7/8/2024 R. Cohen 1.9 Prepared commentary for Executive Summary and DIP Budget slides
included in weekly report for the Committee.

7/8/2024 R. Zaidman 1.8 Reviewed 2024 P&L forecast in comparison to DIP budget period.

7/8/2024 R. Cohen 1.3 Reviewed cash report prepared by junior staff related to variance
reporting for the three weeks ended 6/28.

Berkeley Research Group, LLC Invoice for the 6/28/2024 - 7/31/2024 Period
Page 26 of 34
Case 24-11217-BLS Doc 524-2 Filed 09/13/24 Page 27 of 34
Date Professional Hours Description

19. Cash Flow/Cash Management/ Liquidity

7/8/2024 R. Zaidman 1.1 Reviewed DIP budget as compared to actual results through June 28,
2024.

7/8/2024 R. Zaidman 0.9 Analyzed draft BRG analysis on historical cash activity through June
28, 2024.

7/8/2024 D. Galfus 0.7 Reviewed the Debtors' 13 week liquidity forecast.

7/8/2024 R. Zaidman 0.5 Participated in call with AlixPartners (M. Del Priore, J. Zermeno) re:
variance reporting through June 28, 2024.

7/8/2024 R. Zaidman 0.2 Participated in call with AlixPartners (J. Zermeno) re: professional fee
budget.

7/9/2024 R. Cohen 2.9 Continued to edit cash report to reflect comments from BRG team re:
variance reporting for the three weeks ended 6/28.

7/9/2024 R. Cohen 2.9 Edited cash report to reflect comments from BRG team re: variance
reporting for the three weeks ended 6/28.

7/9/2024 J. Rogala 2.9 Prepared 7/10 UCC liquidity report using data from Debtors' advisors.

7/9/2024 D. Galfus 1.3 Reviewed the presentation for the Committee re: various matters
including liquidity.

7/9/2024 R. Zaidman 0.8 Reviewed DIP budget assumptions for operating disbursements.

7/9/2024 R. Zaidman 0.8 Reviewed draft BRG reporting for the Committee re: DIP and liquidity
update as of June 28, 2024.

7/9/2024 R. Zaidman 0.6 Reviewed bank guarantee support provided by AlixPartners (J.
Zermeno ) re: restricted cash.

7/9/2024 D. Galfus 0.3 Analyzed the Debtors' 13 week liquidity forecast.

7/9/2024 R. Zaidman 0.1 Participated in call with AlixPartners (J. Zermeno) re: forecasted
professional fees.

7/10/2024 R. Zaidman 0.7 Reviewed updated BRG report for the Committee re: DIP and liquidity
update as of June 28, 2024.

7/10/2024 R. Zaidman 0.6 Reviewed potential transaction fee scenarios impact to cash.

7/10/2024 R. Zaidman 0.2 Reviewed correspondence from AlixPartners (J. Zermeno) re: prior
week cash activity through July 5, 2024.

Berkeley Research Group, LLC Invoice for the 6/28/2024 - 7/31/2024 Period
Page 27 of 34
Case 24-11217-BLS Doc 524-2 Filed 09/13/24 Page 28 of 34
Date Professional Hours Description

19. Cash Flow/Cash Management/ Liquidity

7/11/2024 R. Zaidman 0.6 Reviewed insurance motion to understand certain historical payments
related to insurance.

7/15/2024 J. Rogala 2.9 Prepared 7/17 UCC liquidity report using data from Debtors' advisors.

7/15/2024 J. Rogala 2.6 Continued to prepare 7/17 UCC liquidity report using data from
Debtors' advisors.

7/15/2024 R. Zaidman 1.2 Analyzed cash scenarios for forecast period through September 6,
2024 based on latest cash activity.

7/15/2024 R. Zaidman 0.9 Reviewed cash activity reporting package from AlixPartners (J.
Zermeno) through week ending July 5, 2024.

7/15/2024 R. Cohen 0.8 Reviewed variance report for the 4 weeks ended 7/5.

7/15/2024 R. Zaidman 0.5 Participated in call with AlixPartners (M. Del Priore, J. Zermeno) re:
variance reporting through July 5, 2024.

7/15/2024 R. Cohen 0.5 Participated on a call with AlixPartners (M. Del Priore, J. Zermeno) re:
variance report for the 4 weeks ended 7/5.

7/16/2024 R. Cohen 2.6 Edited cash report related to variance reporting for the one week
ended 7/5.

7/16/2024 J. Rogala 1.8 Prepared liquidity slides for 7/17 UCC presentation using data from
Debtors' advisors.

7/16/2024 R. Cohen 1.3 Continued to edit cash report related to variance reporting for the
one week ended 7/5.

7/16/2024 R. Zaidman 1.2 Reviewed BRG draft reporting on cash activity through July 5, 2024.

7/16/2024 R. Zaidman 1.2 Reviewed projected financial statements for Respiratory Diagnostics
segment.

7/16/2024 R. Zaidman 0.8 Reviewed updated BRG draft reporting on cash activity through July 5,
2024.

7/16/2024 R. Zaidman 0.6 Reviewed forecasted accounts payable for certain segment of business
re: cash impact.

7/16/2024 R. Zaidman 0.1 Participated in call with AlixPartners (J. Zermeno) re: accounts payable.

7/17/2024 R. Zaidman 0.5 Reviewed BRG report on cash activity through July 5, 2024 in advance
of Committee call.

7/19/2024 J. Rogala 2.9 Prepared liquidity schedules for 7/24 UCC report using data from
Debtors’ advisors.

Berkeley Research Group, LLC Invoice for the 6/28/2024 - 7/31/2024 Period
Page 28 of 34
Case 24-11217-BLS Doc 524-2 Filed 09/13/24 Page 29 of 34
Date Professional Hours Description

19. Cash Flow/Cash Management/ Liquidity

7/19/2024 J. Rogala 0.8 Continued to prepare liquidity schedules for 7/24 UCC report using
data from Debtors’ advisors.

7/19/2024 R. Zaidman 0.8 Reviewed latest weekly cash reporting from AlixPartners (J. Zermeno)
re: cash activity through July 12, 2024.

7/19/2024 R. Zaidman 0.7 Analyzed segment related projected financial metrics from files in
sales data room.

7/22/2024 J. Rogala 2.9 Prepared liquidity schedules for 7/24 UCC report using data from the
Company's advisors.

7/22/2024 J. Rogala 2.8 Prepared liquidity commentary for 7/24 UCC report.

7/22/2024 J. Rogala 2.6 Continued to prepare liquidity schedules for 7/24 UCC report using
data from the Company's advisors.

7/22/2024 J. Rogala 1.7 Continued to prepare liquidity commentary for 7/24 UCC report.

7/22/2024 R. Zaidman 0.9 Reviewed latest data room posting from AlixPartners (J. Zermeno)
related to financial statements by segment.

7/22/2024 R. Cohen 0.9 Reviewed variance reporting for the week ended 7/12 in preparation
for call with AlixPartners.

7/22/2024 D. Galfus 0.7 Reviewed the Debtors' professional retentions.

7/22/2024 R. Zaidman 0.6 Analyzed retention application as filed for PJT re: cash forecast.

7/22/2024 R. Cohen 0.6 Participated in call with AlixPartners (J. Zermeno, M. Del Priore) re:
variance reporting for the week ended 7/12.

7/22/2024 R. Zaidman 0.6 Participated in call with AlixPartners (M. Del Priore, J. Zermeno, R.
Robbins, partial) re: variance reporting through July 12, 2024.

7/22/2024 R. Zaidman 0.4 Analyzed retention application for AlixPartners re: cash forecast.

7/22/2024 R. Zaidman 0.4 Reviewed cash accruals from AlixPartners (J. Zermeno) for certain
professionals.

7/22/2024 R. Zaidman 0.2 Participated in call with AlixPartners (J. Zermeno) re: cash reserves,
professional fee escrows.

7/23/2024 R. Cohen 2.9 Edited liquidity report (related to variance reporting for week ended
7/12) for the UCC.

7/23/2024 R. Zaidman 1.3 Reviewed draft BRG reporting on cash activity through July 12, 2024.

7/23/2024 R. Zaidman 0.6 Analyzed latest cash activity through July 12, 2024 re: potential future
DIP draws and availability.

Berkeley Research Group, LLC Invoice for the 6/28/2024 - 7/31/2024 Period
Page 29 of 34
Case 24-11217-BLS Doc 524-2 Filed 09/13/24 Page 30 of 34
Date Professional Hours Description

19. Cash Flow/Cash Management/ Liquidity

7/23/2024 R. Cohen 0.6 Continued to edit liquidity report (related to variance reporting for
week ended 7/12) for the UCC.

7/23/2024 R. Zaidman 0.2 Participated in call with AlixPartners (J. Zermeno) re: cash reserves
and professional fee escrows.

7/26/2024 R. Zaidman 0.8 Analyzed latest cash activity through July 19, 2024 from AlixPartners
(J. Zermeno).

7/26/2024 R. Zaidman 0.6 Compared 13 week cash flow forecast with latest cash activity through
July 19, 2024.

7/26/2024 R. Cohen 0.6 Reviewed the Debtors' variance report for the week ending 7/19.

7/26/2024 R. Zaidman 0.5 Analyzed potential future DIP funding needs based on forecasted cash
activity.

7/29/2024 J. Rogala 2.9 Prepared liquidity schedules for 7/31 UCC report using data from
Debtors' advisors.

7/29/2024 J. Rogala 2.8 Continued to prepare liquidity schedules for 7/31 UCC report using
data from Debtors' advisors.

7/29/2024 R. Cohen 2.1 Edited historical non Debtor financial analysis prepared by junior staff.

7/29/2024 J. Rogala 1.7 Prepared liquidity commentary for 7/31 UCC report.

7/29/2024 R. Zaidman 1.4 Analyzed cash forecast scenario through end of 13 week budget
period.

7/29/2024 R. Cohen 1.0 Participated in call with AlixPartners (J. Zermeno, M. Del Priore) re:
variance reporting for the week ended 7/19.

7/29/2024 R. Zaidman 1.0 Participated in call with AlixPartners (M. Del Priore, J. Zermeno) re:
variance reporting through July 19, 2024.

7/29/2024 R. Cohen 0.8 Reviewed draft of weekly cash report re: variance report for the week
ended 7/19.

7/29/2024 R. Cohen 0.8 Reviewed variance report for the week ending 7/19 in preparation for
call with AlixPartners related to such report.

7/30/2024 A. Kashanirokh 2.9 Reviewed cash documents found in data room for weekly operating
report.

7/30/2024 R. Cohen 1.9 Reviewed draft of weekly cash report prepared by junior staff re:
variance report for the week ended 7/19.

7/30/2024 R. Zaidman 0.8 Reviewed draft BRG analysis on cash activity through July 19, 2024.

Berkeley Research Group, LLC Invoice for the 6/28/2024 - 7/31/2024 Period
Page 30 of 34
Case 24-11217-BLS Doc 524-2 Filed 09/13/24 Page 31 of 34
Date Professional Hours Description

19. Cash Flow/Cash Management/ Liquidity

7/30/2024 A. Kashanirokh 0.7 Continued to review cash documents found in data room for weekly
operating report.

7/30/2024 R. Cohen 0.4 Edited weekly cash report re: variance report for the week ended 7/19.

7/31/2024 J. Rogala 2.9 Analyzed the Debtors' draft liquidation analysis.

7/31/2024 J. Rogala 2.2 Continued to analyze the Debtors' draft liquidation analysis.

7/31/2024 J. Rogala 1.8 Continued to analyze the Debtors' draft liquidation analysis.

7/31/2024 R. Zaidman 0.6 Reviewed updated BRG reporting on cash activity through July 19,
2024 prior to distribution to Committee.

7/31/2024 R. Zaidman 0.5 Analyzed forecasted cash needs based on sale milestones.

Task Code Total Hours 151.1

25. Litigation

7/15/2024 D. Galfus 0.3 Reviewed discovery request.

7/23/2024 D. Galfus 0.3 Evaluated the Committee's discovery status.

7/25/2024 D. Galfus 1.3 Participated in a call with MWE (K. Newsome; M. Kandestin; R.
Trickey) re: the litigation workstreams.

7/25/2024 R. Cohen 1.3 Participated in a call with MWE (M. Kandestin and K. Newsome) re:
investigation workstreams.

7/25/2024 R. Zaidman 1.3 Participated in call with MWE (M. Kandestin, K. Newsome) re:
investigation work streams.

7/30/2024 R. Zaidman 1.4 Reviewed investigation related document received from MWE (M.
Kandestin).

7/30/2024 D. Galfus 0.6 Reviewed documents relevant to investigation.

7/31/2024 R. Cohen 2.9 Reviewed the Debtors' investigation presentation for the UCC.

7/31/2024 R. Cohen 2.7 Continued to review the Debtors' investigation presentation for the
UCC.

7/31/2024 D. Galfus 0.8 Reviewed the Debtors' historical transactions.

7/31/2024 R. Zaidman 0.7 Reviewed certain sections of investigation related document received
from MWE (M. Kandestin).

Task Code Total Hours 13.6

Berkeley Research Group, LLC Invoice for the 6/28/2024 - 7/31/2024 Period
Page 31 of 34
Case 24-11217-BLS Doc 524-2 Filed 09/13/24 Page 32 of 34
Date Professional Hours Description

26. Tax Issues

7/3/2024 Q. Liu 0.9 Summarized petition for relevant tax information about Debtors to
understand tax profile.

7/3/2024 G. Koutouras 0.8 Prepared data request list with respect to tax issues.

7/3/2024 Q. Liu 0.6 Summarized relevant information to understand tax profile of Debtor
from first day declaration.

7/3/2024 Q. Liu 0.4 Prepared tax request list.

7/3/2024 R. Zaidman 0.4 Reviewed tax related diligence request items to be sent to the Debtors.

7/3/2024 Q. Liu 0.3 Reviewed docket for motion filings with tax information.

7/3/2024 Q. Liu 0.3 Summarized tax attributes from motion for certain transfers of stock
and worthlessness.

7/3/2024 Q. Liu 0.2 Summarized tax information from Document 13 Motion to pay certain
taxes and fees.

Task Code Total Hours 3.9

31. Planning

6/28/2024 E. Hengel 0.8 Reviewed engagement planning and related administrative items.

7/9/2024 D. Galfus 0.3 Reviewed BRG's work plan and related staffing.

7/26/2024 J. Rogala 1.6 Prepared schedule summarizing key case milestones for internal
tracking.

Task Code Total Hours 2.7

32. Document Review

6/28/2024 J. Rogala 2.6 Reviewed first day motions and interim orders on Court docket.

6/28/2024 E. Hengel 0.9 Reviewed docket items immediately after retention.

6/29/2024 J. Rogala 2.9 Continued to review first day motions and interim orders on Court
docket.

6/29/2024 R. Cohen 2.9 Reviewed first day filings.

6/29/2024 J. Rogala 2.9 Reviewed first day motions and interim orders on Court docket.

6/29/2024 D. Galfus 0.7 Reviewed the first day motion summaries.

6/29/2024 R. Cohen 0.4 Continued to review first day filings.

Berkeley Research Group, LLC Invoice for the 6/28/2024 - 7/31/2024 Period
Page 32 of 34
Case 24-11217-BLS Doc 524-2 Filed 09/13/24 Page 33 of 34
Date Professional Hours Description

32. Document Review

6/29/2024 R. Zaidman 0.4 Reviewed first day motions related to wages.

6/30/2024 R. Cohen 2.9 Continued to review Court filings to understand amounts requested to
be paid related to the first day motions.

6/30/2024 R. Cohen 2.9 Reviewed Court filings to understand amounts requested to be paid
related to the first day motions.

6/30/2024 J. Rogala 2.9 Reviewed first day motions and interim orders.

6/30/2024 R. Cohen 0.7 Continued to review Court filings to understand amounts requested to
be paid related to the first day motions.

6/30/2024 R. Zaidman 0.4 Analyzed first day motion related to customer programs re: warranty
and rebates.

6/30/2024 R. Zaidman 0.4 Analyzed historical employee compensation plans re: wages motion.

7/2/2024 R. Zaidman 0.6 Reviewed wages motion to understand potential obligations by
employee program.

7/3/2024 G. Koutouras 1.3 Reviewed first day declaration.

7/5/2024 R. Zaidman 0.7 Reviewed insurance related policies as provided by AlixPartners (J.
Zermeno).

7/11/2024 A. Kabir 0.1 Updated the team on any new documents that have been filed 7/10
on the docket.

7/12/2024 A. Kabir 0.4 Reviewed newly filed documents on the docket.

7/12/2024 A. Kabir 0.2 Summarized key docket filings to provide update to team.

7/13/2024 A. Kabir 0.7 Created summary of each document that has been filed through 7/13.

7/17/2024 J. Rogala 2.4 Researched trading prices on the Debtors' prepetition debt.

7/26/2024 R. Cohen 0.8 Reviewed docket to understand key upcoming milestones.

Task Code Total Hours 31.1

37. Vendor Management

6/30/2024 R. Zaidman 0.5 Analyzed first day motion related to critical vendors re: categorization
of proposed critical vendor payments.

7/5/2024 R. Cohen 2.9 Analyzed critical vendor supporting files provided by the Debtors.

7/5/2024 R. Cohen 2.7 Reviewed report for MWE on critical vendors prepared by junior staff.

Berkeley Research Group, LLC Invoice for the 6/28/2024 - 7/31/2024 Period
Page 33 of 34
Case 24-11217-BLS Doc 524-2 Filed 09/13/24 Page 34 of 34
Date Professional Hours Description

37. Vendor Management

7/5/2024 R. Zaidman 0.7 Reviewed BRG analysis on accounts payable and critical vendors.

7/5/2024 R. Cohen 0.5 Continued to analyze critical vendor supporting files provided by the
Debtors.

7/6/2024 D. Galfus 0.8 Reviewed the Debtors' vendor program.

7/6/2024 E. Hengel 0.6 Reviewed supporting data related to the Debtors' vendor program.

7/17/2024 R. Zaidman 0.6 Analyzed latest account payable assumptions in budget re: critical
vendors.

7/17/2024 R. Zaidman 0.2 Corresponded with AlixPartners (R. Robbins) re: critical vendors.

7/25/2024 R. Zaidman 0.7 Analyzed diligence information received from AlixPartners (R.
Robbins) re: critical vendors.

7/25/2024 R. Zaidman 0.2 Corresponded with AlixPartners (R. Robbins) re: critical vendors.

7/29/2024 R. Zaidman 0.9 Analyzed forecasted payment related analysis re: critical vendors.

Task Code Total Hours 11.3

Total Hours 769.4

Berkeley Research Group, LLC Invoice for the 6/28/2024 - 7/31/2024 Period
Page 34 of 34

File and source

File: gov.uscourts.deb.193283.524.2.pdf
Size: 717,608 bytes
SHA-256: 02b425f75166a7e16d0ce925ba493608a25a64fc3f49a89eb7d3b852e00f0f50
Our copy: gov.uscourts.deb.193283.524.2.pdf
Original: PACER (login required)

In re Vyaire Medical, Inc. — Berkeley Research Group Fee Statement Time Detail (Exhibit A)

Summary

Full text

File and source

Related records