Notice of Increase of the Hourly Rates of Professionals, Cole Schotz P.C. (Vyaire Medical, Doc 490)

Summary

Cole Schotz P.C. gives notice, in Doc 490 filed 09/03/24 in Case No. 24-11217 (BLS), of the increase of the hourly rate of certain professionals in the chapter 11 case of Vyaire Medical, Inc., et al. The notice states that Cole Schotz revisits, and potentially adjusts, the rates of professionals annually under internal operating procedures. In the table, Members move from $625.00 to $1,475.00 per hour for 2023 to $615.00 to $1,575.00 per hour for 2024, and Associates from $350.00 to $645.00 per hour to $385.00 to $695.00 per hour. The notice states that the rates go into effect on September 1, 2024, and carries the signature /s/ Patrick J. Reilley.

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Full text

67696/0001-48345320
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)
)
NOTICE OF INCREASE OF THE HOURLY RATES OF PROFESSIONALS
PLEASE TAKE NOTICE that Cole Schotz P.C. (“Cole Schotz”) is hereby providing
notice of the increase of the hourly rate of certain of its professionals.  Pursuant to its internal
operating procedures, Cole Schotz revisits, and potentially adjusts, the rates of its professionals
annually.  The following table reflects the hourly rate increases for those certain professionals
specified in the Debtors’ Application for Entry of an Order Authorizing the Retention and
Employment of Cole Schotz P.C. as Delaware Co-Counsel for the Debtors Effective as of the
Petition Date [Docket No. 239] (the “Cole Schotz Retention Application”).
Professional
2023 Hourly Rate Ranges
2024 Hourly Rate Ranges
Members
$625.00 to $1,475.00 per hour
$615.00 to $1,575.00 per hour
Special Counsel
$620.00 to $750.00 per hour
$625.00 to $1,100.00 per hour
Associates
$350.00 to $645.00 per hour
$385.00 to $695.00 per hour
Paralegals
$260.00 to $440.00 per hour
$315.00 to $460.00 per hour
Litigation Support Specialists
$405.00 to $510.00 per hour
$295.00 to $535.00 per hour
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.  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.
Case 24-11217-BLS    Doc 490    Filed 09/03/24    Page 1 of 2

2
67696/0001-48345320
The foregoing rates will go into effect on September 1, 2024.
Dated: September 3, 2024
Wilmington, Delaware
/s/ Patrick J. Reilley
COLE SCHOTZ P.C.
KIRKLAND & ELLIS LLP
Patrick J. Reilley, Esq. (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
Case 24-11217-BLS    Doc 490    Filed 09/03/24    Page 2 of 2

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