Vyaire - BDO Second Monthly Fee App (July 2024. 8.26)
- Date
- 2024-09-09
Summary
Doc 512-2 in the Chapter 11 case of Vyaire Medical, Inc., et al., Case 24-11217-BLS, filed September 9, 2024, containing the billing exhibits to BDO's second monthly fee application for July 1, 2024 through July 31, 2024. Exhibit A summarizes billing by project category, totaling 724.1 hours and $356,159.60, with Tax Consulting the largest category at $188,876.40, and lists each professional's position, hours and hourly rate for a blended rate of $491.87. Exhibit B states that there are no expenses for July 2024. Exhibit C is a recap of professional services giving itemized daily time entries with task descriptions, hours, rates and amounts, including federal return, Form 5471 and GILTI work. The 11-page filing closes with summaries by professional and by project category.
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 512-2 Filed 09/09/24 Page 1 of 11
EXHIBIT A
SUMMARY OF BILLING BY PROJECT CATEGORY
JULY 1, 2024 THROUGH JULY 31, 2024
Project Category Monthly Hours Monthly Fees
Federal Income Tax Returns/Extensions 212.5 $79,806.00
Fee Apps and Retention 33.3 19,198.40
State Income Tax Returns/Extensions 183.7 63,739.20
Schedule M 18.7 4,539.60
Tax Consulting 275.9 188,876.40
TOTAL: 724.1 $356,159.60
SUMMARY OF BILLING BY PROFESSIONAL
JULY 1, 2024 THROUGH JULY 31, 2024
Professional Position Hours Hourly Rate Amount
Doug Bekker Partner, NTO 1.6 $1,150.00 $1,840.00
Doug Chestnut Managing Director, NTO 8.3 960.00 7,968.00
Kevin Wilkes Principal, TAS 28.5 960.00 27,360.00
Rich Liebman Managing Director, NTO 32.8 960.00 31,488.00
Annie Lee Principal, ITS 3.5 780.00 2,730.00
Lucy Germano Senior Manager, TAS 7.4 720.00 5,328.00
Randi Miller Managing Director, CTS 22.8 680.00 15,504.00
Alina Pierce Manager, TAS 113.0 640.00 72,320.00
Zach Meyers Senior Manager, NTO 0.9 628.00 565.20
Sue Bazzy Senior Manager, ITS 29.5 624.00 18,408.00
John Gifford Senior Manager, ASC740 11.3 600.00 6,780.00
Greg Poci Experienced Senior, NTO-A 50.0 588.00 29,400.00
Melody Song Experienced Senior, TAS 1.4 552.00 772.80
Hannah Hobson Experienced Senior, TAS 68.5 552.00 37,812.00
Jesse Hooker Senior, TAS 0.8 484.00 387.20
Bianca Pappalardo Senior, TAS 2.9 484.00 1,403.60
Dante Petrone Experienced Senior, ITS 25.3 452.00 11,435.60
Eddie Mason Experienced Senior, NTO-A 38.5 452.00 17,402.00
Jon Morici Experienced Senior, CTS 24.3 332.00 8,067.60
Nick Zavis Experienced Associate, SALT 33.5 272.00 9,112.00
Kassandra Gillis Experienced Associate, ITS 12.1 272.00 3,291.20
Bryce Bertler Associate, ITS 15.4 248.00 3,819.20
Djan Hinov Associate, SALT 11.9 248.00 2,951.20
Ryan Lilly Associate, SALT 87.0 248.00 21,576.00
Kelsee Schofield Associate, CTS 42.9 220.00 9,438.00
Emmitt Karrels Intern, ITS 27.0 180.00 4,860.00
Blake Peiffer Intern, ITS 23.0 180.00 4,140.00
TOTAL: 724.1 $356,159.60
Blended Rate: $491.87
Case 24-11217-BLS Doc 512-2 Filed 09/09/24 Page 2 of 11
EXHIBIT B
VYAIRE MEDICAL, INC., ET AL.
SUMMARY OF BILLING BY EXPENSE CATEGORY
JULY 1, 2024 THROUGH JULY 31, 2024
There are No Expenses for July 2024
Case 24-11217-BLS Doc 512-2 Filed 09/09/24 Page 3 of 11
EXHIBIT C
VYAIRE MEDICAL, INC., ET AL.
ITEMIZED TIME RECORDS
JULY 1, 2024 THROUGH JULY 31, 2024
Case 24-11217-BLS Doc 512-2 Filed 09/09/24 Page 4 of 11
Exhibit C
Vyaire Medical, Inc.
RECAP OF PROFESSIONAL SERVICES
July 1, 2024 - July 31, 2024
Code Date Initials Description Hours Rate Amount
1 7/1/2024 KS Meeting with John G. and Jon M. regarding 163j and other consolidated return items. 0.8 220.00 176.00
1 7/1/2024 JM Meeting with Kelsee S. and John G. regarding 163j and other consolidated return items. 0.8 332.00 265.60
1 7/1/2024 JG Meeting with Kelsee S. and Jon M. regarding 163j and other consolidated return items. 0.8 600.00 480.00
1 7/1/2024 DP Meeting with Kelsee S. regarding FDE presentation on return. Updated VM 202 and VMI for FDE 2.0 452.00 904.00
information on BS and page 1, reconsolidated returns and updated 163j.
1 7/1/2024 KS Meeting with Dante P. regarding FDE presentation on return. Updated VM 202 and VMI for FDE 2.0 220.00 440.00
information on BS and page 1, reconsolidated returns and updated 163j.
1 7/1/2024 JG Correspondence with teams regarding 382 limitation. 0.4 600.00 240.00
1 7/1/2024 JG Reviewed updates to VMI DivCon workpaper. 0.4 600.00 240.00
1 7/1/2024 JM Drafted remaining OIT items for top con filing. 0.5 332.00 166.00
1 7/1/2024 JM Updated the proforma in OIT for Vyaire Medical Payroll. 0.5 332.00 166.00
1 7/1/2024 JM Updated the proforma in OIT for SensorMedics. 0.5 332.00 166.00
1 7/1/2024 JM Updated the proforma in OIT for Vyaire Medical 211. 0.5 332.00 166.00
1 7/1/2024 BB Updated form 5713 for review comments made by Dante P. 0.6 248.00 148.80
1 7/1/2024 KG Consolidated and printed Forms 8594, 8858, and 5471. 0.6 272.00 163.20
1 7/1/2024 JG Reviewed 163(j) calc updated for ATI, Foreign DREs, and removal of CFCs. 0.7 600.00 420.00
1 7/1/2024 KG Researched information required for Form 8975. 0.9 272.00 244.80
1 7/1/2024 BP Worked through review comments on 5471 workpaper C. 1.0 180.00 180.00
1 7/1/2024 BP Worked through review comments on 5471 workpaper E. 1.0 180.00 180.00
1 7/1/2024 JM Updated tax RTP workpaper. 1.0 332.00 332.00
1 7/1/2024 JM Reviewed the NOL reconciliation for the top con filing. 1.0 332.00 332.00
1 7/1/2024 SB Reviewed Forms 8858. 1.0 624.00 624.00
1 7/1/2024 SB Reviewed Forms 8858. 1.0 624.00 624.00
1 7/1/2024 JG Reviewed flat copy of consolidated dataflow. 1.1 600.00 660.00
1 7/1/2024 JG Reviewed historical documentation to locate info related to 382 limitation. 1.4 600.00 840.00
1 7/1/2024 BP Worked through review comments on 8594's. 1.5 180.00 270.00
1 7/1/2024 EK Reviewed 5471 DF Workpaper D. 1.7 180.00 306.00
1 7/1/2024 EK Reviewed 5471 DF Workpaper B. 1.9 180.00 342.00
1 7/1/2024 BP Worked through review comments on 8858's. 2.0 180.00 360.00
1 7/1/2024 EK Began reviewing 5471 DF Workpaper B. 2.3 180.00 414.00
1 7/1/2024 DP Updated GILTI workpapers. 2.3 452.00 1,039.60
1 7/1/2024 DP Reviewed Form 5471s. 2.4 452.00 1,084.80
1 7/1/2024 EK Began reviewing 5471 DF Workpaper D. 2.5 180.00 450.00
1 7/1/2024 BB Began preparation of 8990 forms for each entity. 2.8 248.00 694.40
1 7/1/2024 BP Worked through review comments on 5471 workpaper D. 3.0 180.00 540.00
1 7/1/2024 BB Prepared form 8865. 3.5 248.00 868.00
1 7/1/2024 DP Reviewed Form 5471s. 4.0 452.00 1,808.00
1 7/2/2024 SB Meeting with Dante P and Kassi G to discuss status of ITS compliance. 0.4 624.00 249.60
1 7/2/2024 DP Call with Kassi G and Sue B to discuss status of ITS compliance. 0.4 452.00 180.80
1 7/2/2024 KG Call with Dante P. and Sue B. to discuss status of ITS compliance. 0.4 272.00 108.80
1 7/2/2024 JG Update call with Randi, Jon, & Kelsee. 0.3 600.00 180.00
1 7/2/2024 EK Reviewed and updated GILTI Schedules for WP E. 0.4 180.00 72.00
1 7/2/2024 KG Compiled information for 8858 statements. 0.4 272.00 108.80
1 7/2/2024 KG Reviewed updated Forms 8858 and 8594 before final review. 0.4 272.00 108.80
1 7/2/2024 JG Call with Jon M & Kelsee S regarding PTBI and State Tax Expense. 0.5 600.00 300.00
1 7/2/2024 KS Call with John G., Jon M., and Randi M. regarding status updates for top con. 0.5 220.00 110.00
1 7/2/2024 EK Reviewed and updated GILTI Schedules for WP C. 0.5 180.00 90.00
1 7/2/2024 KS Removed 987 Inclusion for VMI (updated DF and OIT). 0.5 220.00 110.00
1 7/2/2024 KS Updated interest expense and interest income from FDE to show on face of page 1. 0.5 220.00 110.00
1 7/2/2024 BB Updated Form 8865 for review comments made by Sue B. 0.6 248.00 148.80
1 7/2/2024 KG Compiled revenue support file for 8975 threshold. 0.6 272.00 163.20
1 7/2/2024 EK Reviewed and updated GILTI Schedules for WP B. 0.8 180.00 144.00
1 7/2/2024 BP Prepared DCL and DUE statements. 1.0 180.00 180.00
1 7/2/2024 EK Prepared 8990s for WP B 1.0 180.00 180.00
1 7/2/2024 JG Researched to determine if filing CbCR is required in current year. 1.0 600.00 600.00
1 7/2/2024 JM Reviewed the 163j consolidation workpaper. 1.0 332.00 332.00
1 7/2/2024 JM Added Breathe Holdco Inc to consolidation in OIT. 1.0 332.00 332.00
1 7/2/2024 KS Updated beginning balance on schedule L to tie to PY return. Reran consolidation tool and reran top con 1.0 220.00 220.00
binder. Looked into adjustments.
1 7/2/2024 BB Finished updating Form 5713 for review comments made by Sue B. 1.1 248.00 272.80
1 7/2/2024 EK Updated DUE and CDL for 8858. 1.1 180.00 198.00
1 7/2/2024 BP Cleared review comments on 5471 A. 1.2 180.00 216.00
1 7/2/2024 EK Prepared 8990s for WP A 1.2 180.00 216.00
1 7/2/2024 EK Updated Schedule I in OIT for WPs A through E. 1.3 180.00 234.00
1 7/2/2024 JG Created NOL CF Schedule. 1.3 600.00 780.00
1 7/2/2024 JG Reviewed PTR file and update for Formula Errors. 1.4 600.00 840.00
1 7/2/2024 KG Updated Schedule O workpapers and forms. 1.4 272.00 380.80
1 7/2/2024 BP Prepared 8890's. 1.5 180.00 270.00
1 7/2/2024 BP Cleared review comments on 5471 B,C,D and E. 1.8 180.00 324.00
1 7/2/2024 SB Reviewed Forms 5471. 2.0 624.00 1,248.00
1 7/2/2024 KS Reran consolidation tool and reran top con binder. Looked into adjustments in top con binder. 2.2 220.00 484.00
1 7/2/2024 DP Updated Form 5471s. 2.2 452.00 994.40
1 7/2/2024 SB Reviewed Forms 5471. 3.0 624.00 1,872.00
1 7/2/2024 EK Began clearing review comments on 5471s B through E. 3.1 180.00 558.00
1 7/2/2024 BB Started updating Form 5713 for review comments made by Sue B. 3.5 248.00 868.00
1 7/2/2024 DP Updated Form 5471s. 4.0 452.00 1,808.00
1 7/3/2024 KG Compiled information required for 8883s. 0.4 272.00 108.80
1 7/3/2024 KG Began reviewing 8858 org charts. 0.4 272.00 108.80
1 7/3/2024 JM Tax compliance status meeting with John G. & Kelsee S. 0.5 332.00 166.00
1 7/3/2024 EK Created HTE high tax statement. 0.9 180.00 162.00
1 7/3/2024 KS Created tabs in the consolidated workpaper for the foreign disregarded entities. 0.9 220.00 198.00
1
Case 24-11217-BLS Doc 512-2 Filed 09/09/24 Page 5 of 11
Exhibit C
Vyaire Medical, Inc.
RECAP OF PROFESSIONAL SERVICES
July 1, 2024 - July 31, 2024
Code Date Initials Description Hours Rate Amount
1 7/3/2024 RM Reviewed consolidated Return to provision summary. 0.9 680.00 612.00
1 7/3/2024 BP Prepared 332 and 367b statements. 1.0 180.00 180.00
1 7/3/2024 JM Reviewed the 163j consolidation workpaper. 1.0 332.00 332.00
1 7/3/2024 JM Added Breathe Holdco Inc to consolidation in OIT. 1.0 332.00 332.00
1 7/3/2024 KG Compiled list of outstanding items needed from the client. 1.0 272.00 272.00
1 7/3/2024 KS Added Breathe US HoldCo in OIT. 1.0 220.00 220.00
1 7/3/2024 KS Worked on updating correct NOL in system. 1.0 220.00 220.00
1 7/3/2024 KS Updated Eliminations income in DF, updated 163J after reconsolidation. 1.2 220.00 264.00
1 7/3/2024 BP Cleared review comments on 5471's. 1.5 180.00 270.00
1 7/3/2024 EK Created File on Behalf of Statements. 1.6 180.00 288.00
1 7/3/2024 EK Cleared Review comments on 5471s WP A. 2.1 180.00 378.00
1 7/3/2024 SB Reviewed updates to Forms 5471. 2.1 624.00 1,310.40
1 7/3/2024 EK Cleared review comments on 5471s B through E. 2.3 180.00 414.00
1 7/3/2024 EK Prepared 8883 forms. 2.3 180.00 414.00
1 7/3/2024 BP Prepared 5471 org charts. 3.0 180.00 540.00
1 7/3/2024 BP Prepared 8898 org charts. 3.5 180.00 630.00
1 7/3/2024 SB Reviewed updates to Forms 5471. 3.9 624.00 2,433.60
1 7/6/2024 BB Updated Form 5713 for review comments made by Sue B. 3.3 248.00 818.40
1 7/8/2024 JM Call with Kelsee S. about printing 1125-E in top con binder. 0.4 332.00 132.80
1 7/8/2024 KS Call with Jon M. about printing 1125-E in top con binder. 0.4 220.00 88.00
1 7/8/2024 KS Updated Form 8916 and emailed/messaged Dante P. regarding GITLI and trial balance workpaper with 0.2 220.00 44.00
foreign entities.
1 7/8/2024 KS Updated Consumables 1125-A beginning inventory balance to tie to PY ending. 0.3 220.00 66.00
1 7/8/2024 JM Reviewed the return updates in OIT for 8916-A. 0.4 332.00 132.80
1 7/8/2024 JM Reviewed the return updates in OIT for 1125-A. 0.4 332.00 132.80
1 7/8/2024 JM Reviewed the return updates in OIT for 1125-E. 0.4 332.00 132.80
1 7/8/2024 JM Reviewed the return updates in OIT for Sch N. 0.4 332.00 132.80
1 7/8/2024 JM Reviewed the return updates in OIT for R&D Credit Carryforward. 0.4 332.00 132.80
1 7/8/2024 JM Reviewed the return updates in OIT for Sch L. 0.4 332.00 132.80
1 7/8/2024 JM Tax compliance status meeting with John G. & Kelsee S. 0.5 332.00 166.00
1 7/8/2024 KS Call with John G. and Jon M. about review comments regarding M-3, 4562, 1125-A difference in beginning 0.6 220.00 132.00
balance.
1 7/8/2024 KS Updated consolidation tool, 163j workpaper, and OIT in top con and VMI for updated GILTI numbers. 0.9 220.00 198.00
1 7/9/2024 JM Call with Kelsee S. about GILTI question. 0.4 332.00 132.80
1 7/9/2024 KS Call with Jon M. about GILTI question. 0.4 220.00 88.00
1 7/9/2024 SB Call with Dante P to discuss changes to CFC Group Election. 0.4 624.00 249.60
1 7/9/2024 DP Call with Dante P to discuss changes to CFC Group Election. 0.4 452.00 180.80
1 7/9/2024 JG Tax compliance status meeting with Jon M. & Kelsee S. 0.5 600.00 300.00
1 7/9/2024 JM Tax compliance status meeting with John G. & Kelsee S. 0.5 332.00 166.00
1 7/9/2024 KS Call with John G. and Jon M. discussing return updates. 0.5 220.00 110.00
1 7/9/2024 KS Sent GILTI questions to Dante P. 0.2 220.00 44.00
1 7/9/2024 KS Updated divisions to show as divisions rather than subsidiaries to fix OIT issue. 0.2 220.00 44.00
1 7/9/2024 SB Reviewed CFC Group Election. 0.3 624.00 187.20
1 7/9/2024 KG Updated interest expense items for 8992. 0.4 272.00 108.80
1 7/9/2024 KS Reran consolidation tool with new GILTI number and 163j calculation workpaper. 0.5 220.00 110.00
1 7/9/2024 KG Updated Forms 5471 for GILTI items. 0.9 272.00 244.80
1 7/9/2024 SB Updated Forms 5471. 1.0 624.00 624.00
1 7/9/2024 DP Revised GILTI Calc. 1.1 452.00 497.20
1 7/9/2024 DP Updated Form 8992. 1.5 452.00 678.00
1 7/9/2024 SB Reviewed statements and attachments to 8858s. 2.2 624.00 1,372.80
1 7/9/2024 SB Reviewed statements and attachments to 5471s. 2.2 624.00 1,372.80
1 7/9/2024 DP Updated Form 5471s. 3.9 452.00 1,762.80
1 7/10/2024 SB Call with Annie L to discuss final GILTI calculation and UAR. 0.5 624.00 312.00
1 7/10/2024 AL Call with SB to discuss final GILTI calculation and UAR. 0.5 780.00 390.00
1 7/10/2024 KS Meeting with John G. and Jon M. discussing DREs in top con and reformatting them as divisions. 0.5 220.00 110.00
1 7/10/2024 KS Updated OIT to ask changing subsidiaries to divisions. 0.6 220.00 132.00
1 7/10/2024 KS Cleared Randi M's review comments in top con binder regarding presentational items on return. 0.7 220.00 154.00
1 7/10/2024 SB Reviewed Vyaire GILTI Calculation. 0.8 624.00 499.20
1 7/10/2024 KS Created new binders and pushed Dataflows to new binders in OIT. 0.9 220.00 198.00
1 7/10/2024 JM Re-consolidated the return in OIT. 1.0 332.00 332.00
1 7/10/2024 KS Reviewed Form 851 and updated to remove DREs from top con binder in OIT. 1.1 220.00 242.00
1 7/10/2024 SB Reviewed updates to Forms 5471. 1.6 624.00 998.40
1 7/10/2024 RM Reviewed consolidated federal return and statements. 3.1 680.00 2,108.00
1 7/10/2024 SB Reviewed statements and attachments to 5471s and 8858s. 3.2 624.00 1,996.80
1 7/11/2024 JM Meeting with John G. and Kelsee S. regarding updated gain amount on Schedule D and changes to 163J 1.0 332.00 332.00
and NOL.
1 7/11/2024 JG Meeting with Kelsee S. and Jon M. regarding updated gain amount on Schedule D and changes to 163J 1.0 600.00 600.00
and NOL.
1 7/11/2024 KS Meeting with John G. and Jon M. regarding updated gain amount on Schedule D and changes to 163J and 1.0 220.00 220.00
NOL.
1 7/11/2024 KS Reconsolidated top con binder in OIT. 0.5 220.00 110.00
1 7/11/2024 KS Analyzed RTP workpaper for difference to return. 0.5 220.00 110.00
1 7/11/2024 KS Updated Vital signs DF for gain, reran consolidation workpaper, updated 163j workpaper, pushed updated 1.4 220.00 308.00
DF to OIT.
1 7/11/2024 JM Updated the Vital Signs proforma for the tax gain detail. 2.0 332.00 664.00
1 7/11/2024 RM Reviewed and cleared comments related to 9/30/23 federal return. 2.4 680.00 1,632.00
1 7/11/2024 JM Updated the RTP Workpaper to tie out to the consolidated return 2.5 332.00 830.00
1 7/12/2024 JM Call with John G. and Kelsee S. discussing return updates. 0.5 332.00 166.00
1 7/12/2024 JG Call with Kelsee S. and Jon M. discussing return updates. 0.5 600.00 300.00
1 7/12/2024 KS Call with John G. and Jon M. discussing return updates. 0.5 220.00 110.00
1 7/12/2024 KS Updated Form 8594 presentation. 0.4 220.00 88.00
2
Case 24-11217-BLS Doc 512-2 Filed 09/09/24 Page 6 of 11
Exhibit C
Vyaire Medical, Inc.
RECAP OF PROFESSIONAL SERVICES
July 1, 2024 - July 31, 2024
Code Date Initials Description Hours Rate Amount
1 7/12/2024 KS Updated gain presentation on Form 8949 for Vital Signs. 1.2 220.00 264.00
1 7/12/2024 KS Updated OIT regarding clearing top con diagnostics. 1.8 220.00 396.00
1 7/12/2024 RM Reviewed federal TI, review of gain on sale of HK entities and updating federal TI. 3.2 680.00 2,176.00
1 7/12/2024 RM Reviewed federal TI, review of gain on sale of MX entities and updating federal TI. 3.2 680.00 2,176.00
1 7/13/2024 KG Call with Dante P to discuss Form 5713 & Form 8991. 0.4 272.00 108.80
1 7/13/2024 DP Call with Kassi G to discuss Form 5713 & Form 8991. 0.4 452.00 180.80
1 7/13/2024 KG Updated 5713 and 8991 with final CTS numbers. 0.7 272.00 190.40
1 7/14/2024 SB Call with Kassi G and Dante P to discuss BEAT Calc. 0.5 624.00 312.00
1 7/14/2024 DP Call with Kassi G and Sue B to discuss BEAT Calc. 0.5 452.00 226.00
1 7/14/2024 KG Call with Dante P. and Sue B. to discuss Form 8991. 0.5 272.00 136.00
1 7/14/2024 KG Finished updating Form 8991. 1.0 272.00 272.00
1 7/15/2024 SB Call with Kassi G. and Dante P. to discuss various return updates. 0.2 624.00 124.80
1 7/15/2024 DP Call with Kassi G. and Sue B. to discuss various return updates. 0.2 452.00 90.40
1 7/15/2024 KG Call with Dante P. and Sue B. to discuss various return updates. 0.2 272.00 54.40
1 7/15/2024 KS Processed returns and attached statements. 0.7 220.00 154.00
1 7/15/2024 KG Updated Form 5713. 0.3 272.00 81.60
1 7/15/2024 KG Reviewed consolidated return and made adjustments as necessary. 1.2 272.00 326.40
1 7/15/2024 SB Completed review of 2023 tax return schedules and forms. 3.2 624.00 1,996.80
1 7/15/2024 RM Reviewed federal return and computation of vital signs stock sale g/l on HK and MX. 3.3 680.00 2,244.00
1 7/16/2024 RM Reviewed federal return including BEAT liability review and efiling. 2.1 680.00 1,428.00
1 7/17/2024 RM Continued reviewing federal return including BEAT liability review and efiling. 2.1 680.00 1,428.00
8 7/2/2024 MS Call with A. Pierce and H. Hobson discussing June BDO fee application exhibit preparation. 0.7 552.00 386.40
8 7/2/2024 AP Call with Melody S. and H. Hobson discussing June BDO fee application exhibit preparation. 0.7 640.00 448.00
8 7/2/2024 KW Call with Rich L, Alina P., and Julia R. to discuss I/C balances, partnership, and related debt/equity/capital 1.0 960.00 960.00
contribution issues.
8 7/2/2024 MS Prepared June BDO fee application exhibit. 0.5 552.00 276.00
8 7/2/2024 HH Call with A. Pierce and M. Song discussing June BDO fee application exhibit preparation. 0.7 552.00 386.40
8 7/2/2024 HH Call with Melody S and Alina P to discuss timesheet maintenance. 0.7 552.00 386.40
8 7/2/2024 HH Updated exhibits related to BDO's June 2024 fee statement. 3.5 552.00 1,932.00
8 7/2/2024 HH Updated exhibits related to BDO's June 2024 fee statement. 3.9 552.00 2,152.80
8 7/8/2024 HH Call with Alina P regarding BDO's June 2024 fee statement. 0.3 552.00 165.60
8 7/8/2024 HH Updated exhibits related to BDO's June 2024 fee statement. 5.9 552.00 3,256.80
8 7/9/2024 HH Call with bankruptcy specialist regarding time sheet maintenance. 0.4 552.00 220.80
8 7/9/2024 HH Updated exhibits related to BDO's June 2024 fee statement. 3.2 552.00 1,766.40
8 7/10/2024 HH Updated exhibits related to BDO's June 2024 fee statement. 2.8 552.00 1,545.60
8 7/11/2024 HH Updated exhibits related to BDO's June 2024 fee statement. 2.4 552.00 1,324.80
8 7/12/2024 MS Prepared July BDO fee application exhibit. 0.2 552.00 110.40
8 7/22/2024 RL Met with Alina P to discuss Interco debt novations. 0.4 960.00 384.00
8 7/22/2024 AP Met with Rich L to discuss Interco debt novations. 0.4 640.00 256.00
8 7/22/2024 AP Met with Rich L and Kevin W to discuss fees. 0.3 640.00 192.00
8 7/22/2024 KW Met with Alina P and Kevin W to discuss fees. 0.3 960.00 288.00
8 7/23/2024 HH Updated exhibits related to BDO's July 2024 fee statement. 2.1 552.00 1,159.20
8 7/31/2024 HH Updated exhibits related to BDO's July 2024 fee statement. 2.9 552.00 1,600.80
13 7/1/2024 RYL Uploaded Apportionment to OIT for VM 203 and 211, ensured they were showing up on returns correctly. 1.0 248.00 248.00
13 7/2/2024 KS Updated DF to remove state tax expense for VM 202. 0.4 220.00 88.00
13 7/2/2024 NZ Reviewed and uploaded state apportionment into tax software for VM 203. 0.5 272.00 136.00
13 7/2/2024 DH Prepared AL, AR, DE, FL returns for VM CF 203 AND VM CF 211. 4.0 248.00 992.00
13 7/2/2024 RYL Called OIT To try and get VM 203 to flow from import. Prepared 5 State Returns for VM 211 (SC, NC, MS, 4.0 248.00 992.00
IA, and Cincy) and 4 State Returns for VM 203 (SC, NC, MS, IA).
13 7/8/2024 GP Reviewed 203: AL, CPT, AR returns. 1.0 588.00 588.00
13 7/8/2024 DH Updated 211 returns (FL, AL, AR, DE). 2.3 248.00 570.40
13 7/8/2024 NZ Prepared Vyaire combined 800 state income tax workpaper. 3.0 272.00 816.00
13 7/8/2024 GP Reviewed state workpapers for Vyaire 203. 3.5 588.00 2,058.00
13 7/8/2024 GP Reviewed state workpapers for vyaire 211. 3.5 588.00 2,058.00
13 7/8/2024 DH Made second round changes to 211 returns (FL, AL, AR, DE). 3.5 248.00 868.00
13 7/8/2024 RYL Prepared Returns for VM202, and DRE Returns for Vital Signs Sales, Vyaire Medical Consumables, and 4.0 248.00 992.00
Vyaire Medical Payroll.
13 7/9/2024 GP Reviewed 203: NC, SC returns. 1.0 588.00 588.00
13 7/9/2024 RYL Updated changes for VM 211 Returns. 1.8 248.00 446.40
13 7/9/2024 NZ Reviewed Vyaire 203 AL 20, AL CPT, AR, and DE. 2.0 272.00 544.00
13 7/9/2024 RYL Updated changes for all VM 203 Returns. 2.2 248.00 545.60
13 7/9/2024 GP Reviewed 203: DE, FL, IA, MS returns. 3.0 588.00 1,764.00
13 7/9/2024 GP Reviewed 211: AL CPT, AR, Cincinnati returns. 3.0 588.00 1,764.00
13 7/9/2024 GP Reviewed 211: DE, FL, IA, MS, NC, SC returns. 3.0 588.00 1,764.00
13 7/10/2024 GP Reviewed 202: AL, AL CPT, OK, TN, VA. 1.0 588.00 588.00
13 7/10/2024 GP Reviewed VMI: AL, AL CPT returns. 1.0 588.00 588.00
13 7/10/2024 DH Cleared diagnostics to E-File Qualify all 211 returns apart from SC and IA. 1.3 248.00 322.40
13 7/10/2024 GP Reviewed state combined workpapers. 1.5 588.00 882.00
13 7/10/2024 GP Reviewed VMI state workpaper. 2.0 588.00 1,176.00
13 7/10/2024 GP Reviewed VMI: FL, IA, MS, NC, SC returns. 2.5 588.00 1,470.00
13 7/10/2024 RYL Prepared state returns for Vyaire Holdings Inc. and Subs, and changes to VM211. 3.0 248.00 744.00
13 7/10/2024 NZ Updated workpapers for Vyaire Combined apportionment, bonus, and state mods. 4.0 272.00 1,088.00
13 7/10/2024 RYL Prepared all state returns for VMI. 4.0 248.00 992.00
13 7/11/2024 DH Cleared diagnostics and E-File Qualified SC and IA VM211. 0.8 248.00 198.40
13 7/11/2024 RYL Addressed Changes to Vyaire DRE State Returns. 1.1 248.00 272.80
13 7/11/2024 GP Reviewed state combined workpapers. 2.0 588.00 1,176.00
13 7/11/2024 GP Reviewed combined returns: CO, UT. 2.0 588.00 1,176.00
13 7/11/2024 NZ Updated Vyaire combined income tax workpaper. 2.0 272.00 544.00
13 7/11/2024 GP Reviewed combined returns: GA, HI, ID. 3.0 588.00 1,764.00
13 7/11/2024 GP Reviewed combined returns: KS, MO, RI. 3.0 588.00 1,764.00
13 7/11/2024 NZ Prepared KS, MO, RI, and UT combined state returns. 3.0 272.00 816.00
3
Case 24-11217-BLS Doc 512-2 Filed 09/09/24 Page 7 of 11
Exhibit C
Vyaire Medical, Inc.
RECAP OF PROFESSIONAL SERVICES
July 1, 2024 - July 31, 2024
Code Date Initials Description Hours Rate Amount
13 7/11/2024 RYL Prepared Consolidated State Returns for Vyaire Holdings Inc. and Subs. 3.9 248.00 967.20
13 7/12/2024 GP Reviewed combined state workpapers for federal changes. 1.0 588.00 588.00
13 7/12/2024 GP Reviewed DRE state returns - OK, RI. 3.0 588.00 1,764.00
13 7/12/2024 GP Reviewed DRE state returns - AL, CA, NY. 3.0 588.00 1,764.00
13 7/12/2024 GP Reviewed combined state returns for federal changes - CO, GA, HI, ID, KS, MO, RI, UT. 3.0 588.00 1,764.00
13 7/12/2024 RYL Completed Vyaire Combined Returns. Set up Userverse for processing. 4.0 248.00 992.00
13 7/15/2024 NZ Prepared efile acceptance and processing deliverables. 3.0 272.00 816.00
13 7/15/2024 NZ Prepared userverse set up and efile submission. 3.0 272.00 816.00
13 7/15/2024 GP Processed 7/15 state returns for 203, 211, VMI, combined, and DREs. 4.0 588.00 2,352.00
13 7/15/2024 RYL Process Checked and Processed Vyaire State Returns for 7/15. 4.0 248.00 992.00
13 7/16/2024 RYL Fixed efile submission rejects for state returns for VM 211, 203, 202, VMI, VMC, and VMP. 2.0 248.00 496.00
13 7/17/2024 RM Summarized of state efiling matters and acceptance reports. 0.9 680.00 612.00
13 7/17/2024 NZ Updated DRE returns to paper file and mailed out. 1.0 272.00 272.00
13 7/17/2024 RYL Fixed efile submission rejects for AL (VM 203), NC (VMI) and CA (VMC & VMP). 1.5 248.00 372.00
13 7/17/2024 RYL Prepared remaining 8.15 returns for VM 203 (6). 3.0 248.00 744.00
13 7/18/2024 RYL Prepared remaining 8.15 returns for VM 211 (6). 3.5 248.00 868.00
13 7/19/2024 NZ Updated HI combined return. 0.5 272.00 136.00
13 7/19/2024 NZ Reviewed E-file separate state returns. 1.0 272.00 272.00
13 7/19/2024 RYL Prepared remaining 8.15 Returns for VM Combined (3) 3.5 248.00 868.00
13 7/19/2024 RYL Prepared remaining 8.15 Returns for VMI (7). 4.0 248.00 992.00
13 7/22/2024 NZ Prepared Vyaire Combined state returns. 2.0 272.00 544.00
13 7/22/2024 RYL Prepared 2 combined returns due 8.15 for VM Holdings and Subs (CT, IL). 4.0 248.00 992.00
13 7/22/2024 RYL Prepared 3 combined returns due 8.15 for VM Holdings and Subs (DC, IN, ME). 4.0 248.00 992.00
13 7/23/2024 NZ Prepared Vyaire Combined Returns. 1.0 272.00 272.00
13 7/23/2024 RYL Prepared Unitary Kentucky Return for VM Holdings and Subs. 3.0 248.00 744.00
13 7/23/2024 RYL Prepared Unitary Massachusetts Return for VM Holdings and Subs. 3.5 248.00 868.00
13 7/24/2024 RYL Prepared Unitary Returns for VM Holdings and Subs (MI, MN, MT). 3.0 248.00 744.00
13 7/24/2024 RYL Prepared Unitary Returns for VM Holdings and Subs (NE, NH, NJ). 4.0 248.00 992.00
13 7/25/2024 RYL Prepared Unitary Returns for VM Holdings and Subs (NM, OR, TX). 3.5 248.00 868.00
13 7/25/2024 RYL Prepared Unitary Returns for VM Holdings and Subs (VT, WV, WI). 3.5 248.00 868.00
13 7/26/2024 RYL Prepared Unitary NY return for VM Holdings and Subs. 3.5 248.00 868.00
13 7/29/2024 NZ Reviewed VM 203 8.15 State Returns. 2.5 272.00 680.00
13 7/29/2024 NZ Reviewed VM 211 8.15 State Returns. 2.5 272.00 680.00
13 7/30/2024 RYL Revised VMI State Returns. 1.5 248.00 372.00
13 7/30/2024 NZ Reviewed VMI separate 8.15 state returns. 2.5 272.00 680.00
13 7/30/2024 RYL Revised VM 203 and 211 State Returns. 3.0 248.00 744.00
14 7/8/2024 JM Reviewed the return updates in OIT for Sch M-3. 0.4 332.00 132.80
14 7/8/2024 JM Reviewed the return updates in OIT for Sch M-4. 0.4 332.00 132.80
14 7/8/2024 KS Updated top con binder for M-3 adjustments (gain/loss and interest adjustment should not have been 1.0 220.00 220.00
coming in as Adjustments.
14 7/8/2024 KS Updated M-3 for foreign income, foreign DRE income, US DRE income, and eliminations. 2.4 220.00 528.00
14 7/9/2024 KS Updated OIT regarding issue with divisions printing in top con M-3 . 0.9 220.00 198.00
14 7/9/2024 JM Reviewed book income the M-3 to make sure ties back to RTP schedule. 1.0 332.00 332.00
14 7/9/2024 JM Reviewed the Sch L for negative balances on L6 & L18. M-3 page 1 presentation. 1.0 332.00 332.00
14 7/9/2024 KS Finished M-3 page 1 updates. 1.5 220.00 330.00
14 7/9/2024 KS Reconciled M-3 for 163J calculation. 2.9 220.00 638.00
14 7/10/2024 JM Reviewed updates to M-3 presentation for VMC. 1.0 332.00 332.00
14 7/10/2024 KS Reconsolidated at VMI and updated M-3 issues, reconsolidated top con and printed return. 2.6 220.00 572.00
14 7/11/2024 KS Updated M-3 presentation for VM 211 due to amounts being lumped into miscellaneous deductions/coded 1.8 220.00 396.00
wrong. Reconsolidated top con binder. Updated M-3 support workpaper for other adjustments (3.65).
14 7/11/2024 KS Updated M-3 presentation for Consumables - amounts lumped into miscellaneous deductions/coded wrong 1.8 220.00 396.00
and reconsolidated VMI and top con. Updated M-3 support workpaper for other adjustments (3.65.
16 7/1/2024 AP Met with Lucy G to review workstreams status and next steps. 0.5 640.00 320.00
16 7/1/2024 LG Met with Alina P to review workstreams status and next steps. 0.5 720.00 360.00
16 7/1/2024 AP Met with Rich L and Lucy G to work through US group stock basis and open items. 0.4 640.00 256.00
16 7/1/2024 RL Met with Alina P and Lucy G to work through US group stock basis and open items. 0.4 960.00 384.00
16 7/1/2024 LG Met with Rich L and Alina P to work through US group stock basis and open items. 0.4 720.00 288.00
16 7/1/2024 AP Drafted stock basis open items. 1.6 640.00 1,024.00
16 7/1/2024 EM Completed CFC Debt Excel data manipulation. 3.5 452.00 1,582.00
16 7/2/2024 AP Call with Rich L to work through the partnership documents. 1.2 640.00 768.00
16 7/2/2024 RL Call with Alina P to work through the partnership documents. 1.2 960.00 1,152.00
16 7/2/2024 KW Call with Alina P, Julie R, Rich L to discuss partnership issues regarding Breathe LP. 0.5 960.00 480.00
16 7/2/2024 RL Call with Alina P, Julie R, Kevin W to discuss partnership issues regarding Breathe LP. 0.5 960.00 480.00
16 7/2/2024 AP Call with Rich L, Julie R, Kevin W to discuss partnership issues regarding Breathe LP. 0.5 640.00 320.00
16 7/2/2024 AP Reviewed NOL allocation. 1.3 640.00 832.00
16 7/2/2024 AP Integrated contributions into the stock basis calculation. 1.9 640.00 1,216.00
16 7/2/2024 EM Worked on ICO Breakdown Excel. 3.3 452.00 1,491.60
16 7/3/2024 KW Call with Alina P to discuss remaining work. 0.3 960.00 288.00
16 7/3/2024 AP Call with Kevin W to discuss remaining work. 0.3 640.00 192.00
16 7/3/2024 KW Call with Rich L., Alina P. Doug B. , Keith M. and Randi M to discuss I/C debt/equity/capital contribution 0.5 960.00 480.00
matters from a U.S. federal income tax perspective.
16 7/3/2024 KW First call with Kim N., Randi M, and Keith M. to discuss state of compliance and next steps. 0.5 960.00 480.00
16 7/3/2024 KW Second call with Kim N, Keith M. and Randi M. to finish discussing state of compliance and next steps. 0.5 960.00 480.00
16 7/3/2024 AP Call with Rich L, Doug B, Kevin W, Randi M, Keith M to discuss Breathe LP contribution. 1.0 640.00 640.00
16 7/3/2024 AP Prepared stock basis model. 2.4 640.00 1,536.00
16 7/3/2024 EM Worked on ICO Breakdown Excel. 2.5 452.00 1,130.00
16 7/8/2024 AP Call with Rich L to discuss Breathe contribution and Vital Signs sale. 1.0 640.00 640.00
16 7/8/2024 RL Call with Alina P to discuss Breathe contribution and Vital Signs sale. 1.0 960.00 960.00
16 7/8/2024 RL Call with Alina P and Kevin W to work through Vital Signs sec. 338(h)(10) election. 2.4 960.00 2,304.00
4
Case 24-11217-BLS Doc 512-2 Filed 09/09/24 Page 8 of 11
Exhibit C
Vyaire Medical, Inc.
RECAP OF PROFESSIONAL SERVICES
July 1, 2024 - July 31, 2024
Code Date Initials Description Hours Rate Amount
16 7/8/2024 KW Call with Rich L and Alina P to work through Vital Signs sec. 338(h)(10) election. 2.4 960.00 2,304.00
16 7/8/2024 AP Call with Rich L and Kevin W to work through Vital Signs sec. 338(h)(10) election. 2.4 640.00 1,536.00
16 7/8/2024 HH Sent emails to team regarding documentation and project guidelines. 0.8 552.00 441.60
16 7/8/2024 KW Call with Rich L and Alina P. to discuss CODI implications, timing of losses, character, ELA, potential ELA 1.3 960.00 1,248.00
triggering and related U.S. federal tax implications.
16 7/8/2024 AP Call with Rich L, John G, Randi M, Kevin W, Rich L and James T-C to discuss the treatment of the Breathe 1.5 640.00 960.00
LP contribution.
16 7/8/2024 KW First call with James Talfourd-Cook, Alina P and Rich L. regarding I/C balances, basis, CODI and other 1.5 960.00 1,440.00
matters critical to the bankruptcy tax posture.
16 7/8/2024 AP Prepared stock basis model. 2.1 640.00 1,344.00
16 7/9/2024 AP Call with Kevin W and Rich L to discuss Vital Signs stock basis. 0.5 640.00 320.00
16 7/9/2024 RL Call with Kevin W and Alina P to discuss Vital Signs stock basis. 0.5 960.00 480.00
16 7/9/2024 KW Call with Alina P and Rich L to discuss Vital Signs stock basis. 0.5 960.00 480.00
16 7/9/2024 AP Call with Rich L to discuss open items regarding Vital Signs. 1.0 640.00 640.00
16 7/9/2024 RL Call with Rich L to discuss open items regarding Vital Signs. 1.0 960.00 960.00
16 7/9/2024 JH Call with Alina P to discuss stock basis model review items. 0.3 484.00 145.20
16 7/9/2024 AP Call with Jesse H to discuss stock basis model review items. 0.3 640.00 192.00
16 7/9/2024 AP Call with Hannah H to discuss Schedule M-2 rollforward. 0.6 640.00 384.00
16 7/9/2024 HH Call with Alina P. to discuss Schedule M-2 rollforward. 0.6 552.00 331.20
16 7/9/2024 AP Call with Lucy G to discuss remaining stock basis review items. 0.5 640.00 320.00
16 7/9/2024 LG Call with Alina P to discuss remaining stock basis review items. 0.5 720.00 360.00
16 7/9/2024 AP Reviewed stock basis unabsorbed loss calculation. 0.4 640.00 256.00
16 7/9/2024 AP Drafted Vital Signs open items. 0.5 640.00 320.00
16 7/9/2024 KW Call with Rich L., Alina P., and Randi M. to discuss ELA and potential triggering event/ramifications. 0.8 960.00 768.00
16 7/9/2024 LG Reviewed stock basis. 0.8 720.00 576.00
16 7/9/2024 AP Call with Kevin W, Rich L, John G and Randi M to discuss Consumable sale, 351 statements. 0.9 640.00 576.00
16 7/9/2024 AP Worked on sec. 351 statements for 9/30/2023 return. 1.2 640.00 768.00
16 7/9/2024 AP Worked on Breathe LP facts. 1.5 640.00 960.00
16 7/9/2024 HH Compiled M-2 data from 2016-2022. 2.9 552.00 1,600.80
16 7/9/2024 EM Added Intercompany Debt Excel Updates. 3.4 452.00 1,536.80
16 7/10/2024 AP Met with Bianca P to discuss section 351 statements. 0.4 640.00 256.00
16 7/10/2024 BPA Call with Alina P. to discuss sec. 351 statements. 0.4 484.00 193.60
16 7/10/2024 AP Met with Eddie to discuss Interco schedule pivot tables. 0.6 640.00 384.00
16 7/10/2024 EM Met with Alina Pierce RE: Questions on Model. 0.6 452.00 271.20
16 7/10/2024 AL Reviewed 2023 GILTI calculation. 0.4 780.00 312.00
16 7/10/2024 AL Call with BDO, Vyaire and Kirkland re: asset sale. 0.5 780.00 390.00
16 7/10/2024 KW Call to discuss PPA and related matters with Richard L., Alina P., Palmer Gunderson, Nicholas Warther, 0.5 960.00 480.00
Annie Lee, and James Talfourd-Cook.
16 7/10/2024 KW Call with Randi M. and Keith M. to discuss compliance matters specific to the bankruptcy for Vyaire, and 0.5 960.00 480.00
remaining bankruptcy tax consulting work necessary to properly complete compliance.
16 7/10/2024 KW Palmer Gunderson, James Talfourd-Cook, Richard L., Alina P. to discuss I/C balances and stock basis. 0.5 960.00 480.00
16 7/10/2024 HH Compiled list of follow-up questions regarding M-2 rollforward. 0.6 552.00 331.20
16 7/10/2024 AP Reviewed the 351 statements and reverted to Bianca with notes. 0.8 640.00 512.00
16 7/10/2024 AP Call with Rich L, Kevin W, K&E team, James T-C to discuss purchase price allocation. 0.8 640.00 512.00
16 7/10/2024 AP Continued updating the stock basis model. 1.9 640.00 1,216.00
16 7/10/2024 EM Completed Intercompany Debt Excel with finalization notations. 1.9 452.00 858.80
16 7/10/2024 BPA Prepared 15 sec. 351 statements 2.5 484.00 1,210.00
16 7/10/2024 AP Reviewed Consumables sale documents to determine stock basis impact. 3.6 640.00 2,304.00
16 7/10/2024 HH Completed M-2 rollforward from 2016-2022. 3.8 552.00 2,097.60
16 7/11/2024 AP Met with Rich L and Kevin W to discuss Vital Signs ELA issues. 0.6 640.00 384.00
16 7/11/2024 RL Met with Alina P and Kevin W to discuss Vital Signs ELA issues. 0.6 960.00 576.00
16 7/11/2024 KW Met with Alina P and Rich L to discuss Vital Signs ELA issues. 0.6 960.00 576.00
16 7/11/2024 AP Met with Rich L to review Consumables sale. 1.5 640.00 960.00
16 7/11/2024 RL Met with Alina P to review Consumables sale. 1.5 960.00 1,440.00
16 7/11/2024 AP Met with Eddie M to discuss Interco debt workpaper. 0.5 640.00 320.00
16 7/11/2024 EM Discussed with Alina Pierce Breathe Entity project. 0.5 452.00 226.00
16 7/11/2024 AL Completed review of 2023 tax return. 0.5 780.00 390.00
16 7/11/2024 HH Cleared review notes on M-2 spreadsheet. 0.8 552.00 441.60
16 7/11/2024 AP Continued reviewing the stock basis model. 1.6 640.00 1,024.00
16 7/11/2024 EM Reviewed breathe transactions agreements. 1.9 452.00 858.80
16 7/11/2024 AP Updated stock basis model. 3.9 640.00 2,496.00
16 7/12/2024 RL Call with Alina P to discuss Vital Signs. 0.8 960.00 768.00
16 7/12/2024 AP Call with Rich L to discuss Vital Signs. 0.8 640.00 512.00
16 7/12/2024 EM Call with Alina P to review Interco debt schedule. 0.6 452.00 271.20
16 7/12/2024 AP Call with Eddie M to review Interco debt schedule. 0.6 640.00 384.00
16 7/12/2024 KW Call with Rich L and Alina P. to discuss solvency of Vital Signs, related 338(h)(10) election and other 0.6 960.00 576.00
matters left call early.
16 7/12/2024 RL Call with James T-C, Rich L, Kevin W, to discuss Viral Signs Interco debt movements. 1.1 960.00 1,056.00
16 7/12/2024 AP Call with James T-C, Rich L, Kevin W, to discuss Viral Signs Interco debt movements. 1.1 640.00 704.00
16 7/12/2024 AP Call with Rich L, Kevin W, Randi M and John G to discus tax return issues; 351 statements; Vital Signs 0.7 640.00 448.00
gain calculation;
16 7/12/2024 AP Reviewed 2016-2022 OIT tabs in stock basis model and open items list. 2.0 640.00 1,280.00
16 7/12/2024 KW Reviewed information related to I/C balances and basis. 2.9 960.00 2,784.00
16 7/15/2024 KW Met with Rich L and Alina P to discuss call with international offices. 0.3 960.00 288.00
16 7/15/2024 RL Met with Alina P and Kevin W to discuss call with international offices. 0.3 960.00 288.00
16 7/15/2024 AP Met with Rich L and Kevin W to discuss call with international offices. 0.3 640.00 192.00
16 7/15/2024 AP Met with Hannah H to discuss Breathe Structure write-up. 0.4 640.00 256.00
16 7/15/2024 HH Met with Alina P to discuss Breathe Structure write-up. 0.4 552.00 220.80
16 7/15/2024 AP Updated Breathe Structure Facts per review comments. 1.0 640.00 640.00
16 7/15/2024 EM Updated intercompany debt ledgers. 2.5 452.00 1,130.00
16 7/15/2024 AP Wrote Breathe memo facts. 3.4 640.00 2,176.00
5
Case 24-11217-BLS Doc 512-2 Filed 09/09/24 Page 9 of 11
Exhibit C
Vyaire Medical, Inc.
RECAP OF PROFESSIONAL SERVICES
July 1, 2024 - July 31, 2024
Code Date Initials Description Hours Rate Amount
16 7/16/2024 JH Met with Alina P to discuss Consumables transaction and Vital Signs facts write-up. 0.5 484.00 242.00
16 7/16/2024 AP Met with Jesse H to discuss Consumables transaction and Vital Signs facts write-up. 0.5 640.00 320.00
16 7/16/2024 AP Updated open items for stock basis and contribution. 0.8 640.00 512.00
16 7/16/2024 AP Reviewed the Interco debt schedule . 1.1 640.00 704.00
16 7/16/2024 AP Updated calculation for Imtmedical stock basis. 1.2 640.00 768.00
16 7/16/2024 AP Finalized updating Breathe Structure Facts per review comments. 1.6 640.00 1,024.00
16 7/16/2024 HH Prepared memo regarding Breathe transaction. 2.1 552.00 1,159.20
16 7/16/2024 EM Updated excel intercompany debt ledgers and created M2/AFS schedule. 2.5 452.00 1,130.00
16 7/17/2024 RL Met with Alina P and Kevin W to review stock basis. 1.5 960.00 1,440.00
16 7/17/2024 AP Met with Rich L and Kevin W to review stock basis. 1.5 640.00 960.00
16 7/17/2024 KW Met with Alina P and Rich L. to review stock basis. 1.5 960.00 1,440.00
16 7/17/2024 AP Met with Kevin W, Rich L, Lucy G to finalize stock basis review and discuss various workstreams. 1.4 640.00 896.00
16 7/17/2024 RL Met with Kevin W, Alina P, Lucy G to finalize stock basis review and discuss various workstreams. 1.4 960.00 1,344.00
16 7/17/2024 KW Met with Rich L, Alina P, Lucy G to finalize stock basis review and discuss various workstreams. 1.4 960.00 1,344.00
16 7/17/2024 LG Call with Alina P, Kevin W, Rich L to finalize stock basis review and discuss various workstreams. 1.4 720.00 1,008.00
16 7/17/2024 AP Met with Lucy G to discuss stock basis and overall project. 0.5 640.00 320.00
16 7/17/2024 LG Call with Alina P to discuss stock basis and project status. 0.5 720.00 360.00
16 7/17/2024 AP Met with Hannah H to discuss stock basis model help. 0.3 640.00 192.00
16 7/17/2024 HH Call with Alina P regarding stock basis study tie outs. 0.3 552.00 165.60
16 7/17/2024 AP Discussed with Eddie M M2 Rollfoward and Schedule L excel. 0.5 640.00 320.00
16 7/17/2024 EM Discussed with Alina Pierce M2 Rollfoward and Schedule L excel. 0.5 452.00 226.00
16 7/17/2024 HH Made adjustments to stock basis study tie outs. 0.3 552.00 165.60
16 7/17/2024 AP Reviewed AFS to Schedule M2 reconciliation. 0.5 640.00 320.00
16 7/17/2024 AP Reconciliation of PBC contribution schedule to tax returns and other documents. 0.7 640.00 448.00
16 7/17/2024 AP Made stock basis calculation updates. 0.9 640.00 576.00
16 7/17/2024 EM Adjusted formula RE: Intercompany Debt Excel. 2.1 452.00 949.20
16 7/18/2024 AP Met with Rich L to discuss different workstreams and open items. 0.5 640.00 320.00
16 7/18/2024 RL Met with Alina P to discuss different workstreams and open items. 0.5 960.00 480.00
16 7/18/2024 AP Met with Eddie M regarding Sch L to AFS reconciliation. 0.5 640.00 320.00
16 7/18/2024 EM Discussed with Alina P. next steps on schedule L and M3 excel. 0.5 452.00 226.00
16 7/18/2024 RM Call with Rich L, Doug C., Annie L., Alina P. and Kevin W. to discuss I/C balances and CFC basis, Subpart 1.6 680.00 1,088.00
F, GILTI and next steps.
16 7/18/2024 AP Met with Rich L , Annie L, Doug C, Kevin W, Lucy G, Randi M, Kevin W to discuss Interco debt issue. 1.0 640.00 640.00
(Joined late)
16 7/18/2024 AL Call with Rich L, Randi M., Annie L., Alina P. and Kevin W. to discuss I/C balances and CFC basis, 1.6 780.00 1,248.00
Subpart F, GILTI and next steps.
16 7/18/2024 DC Call with Rich L, Randi M., Annie L., Alina P. and Kevin W. to discuss I/C balances and CFC basis, 1.6 960.00 1,536.00
Subpart F, GILTI and next steps.
16 7/18/2024 RL Call with Doug C., Annie L., Alina P., Randi M., and Kevin W. to discuss I/C balances and CFC basis, 1.6 960.00 1,536.00
Subpart F, GILTI and next steps.
16 7/18/2024 DC Call with Richard L., Annie L., Alina P. and Kevin W. to discuss I/C balances and CFC basis, Subpart F, 1.6 960.00 1,536.00
GILTI and next steps.
16 7/18/2024 KW Call with Richard L., Annie L., Alina P. Doug C, and Lucy G. to discuss I/C balances and CFC basis, 1.6 960.00 1,536.00
Subpart F, GILTI and next steps.
16 7/18/2024 LG Call with Richard L., Annie L., Alina P. Doug C, and Kevin W. to discuss I/C balances and CFC basis, 1.6 720.00 1,152.00
Subpart F, GILTI and next steps.
16 7/18/2024 ZM Call with R. Liebman, A. Pierce, regarding historical debt amendments to first and second liens. 0.9 628.00 565.20
16 7/18/2024 RL Call with Zach M, A. Pierce, regarding historical debt amendments to first and second liens. 0.9 960.00 864.00
16 7/18/2024 AP Call with R. Liebman, Zach M, regarding historical debt amendments to first and second liens. 0.9 640.00 576.00
16 7/18/2024 EM Updated M2 Schedule for 2022 tax year. 0.8 452.00 361.60
16 7/18/2024 AP Updated open items for call with Vyaire. 1.2 640.00 768.00
16 7/18/2024 AP Updated stock basis model. 2.8 640.00 1,792.00
16 7/18/2024 EM Created M-3 and audited financial statement comparison excel. 3.1 452.00 1,401.20
16 7/19/2024 AP Met with Rich L regarding questions for June. 1.1 640.00 704.00
16 7/19/2024 RL Met with Rich L regarding questions for June. 1.1 960.00 1,056.00
16 7/19/2024 EM Met with Alina P regarding Sch L to AFS reconciliation. 0.6 452.00 271.20
16 7/19/2024 AP Met with Eddie M regarding Sch L to AFS reconciliation. 0.6 640.00 384.00
16 7/19/2024 RL Met with Alina P and James T-C regarding various open items. 2.3 960.00 2,208.00
16 7/19/2024 AP Met with Rich L and James T-C regarding various open items. 2.3 640.00 1,472.00
16 7/19/2024 HH Coordinated list of open items on stock basis study. 0.6 552.00 331.20
16 7/19/2024 AP Updated distributions and contributions in stock basis model. 0.9 640.00 576.00
16 7/19/2024 AP Researched treatment of intercompany payable contributions. 1.6 640.00 1,024.00
16 7/19/2024 HH Reviewed and adjusted stock basis study for tie outs. 2.1 552.00 1,159.20
16 7/20/2024 EM Updated schedule L and AFS excel for tax years 2016-2022. 2.3 452.00 1,039.60
16 7/22/2024 AP Met with Rich L, Kevin W, Doug C to discuss tax treatment of novations. 1.6 640.00 1,024.00
16 7/22/2024 AP Met with Alina P, Kevin W, Doug C to discuss tax treatment of novations. 1.6 640.00 1,024.00
16 7/22/2024 DC Call with Richard L., Alina P. and Kevin W. to discuss tax treatment of novations. 1.6 960.00 1,536.00
16 7/22/2024 KW Call with Rich L., Alina P. and Doug C. to discuss tax treatment of novations. 1.6 960.00 1,536.00
16 7/22/2024 AP Met with Eddie M regarding Sch L to AFS reconciliation. 0.3 640.00 192.00
16 7/22/2024 EM Met with Alina P regarding Sch L to AFS reconciliation. 0.3 452.00 135.60
16 7/22/2024 DC Researched tax consequences of debt novations. 1.3 960.00 1,248.00
16 7/22/2024 HH Reviewed and adjusted stock basis study for tie outs. 2.9 552.00 1,600.80
16 7/22/2024 AP Summarized novations steps and consequences. 3.2 640.00 2,048.00
16 7/23/2024 KW Met with Doug B, Kevin W and Alina P to discuss novations US tax treatment. 0.5 960.00 480.00
16 7/23/2024 RL Met with Doug B, Kevin W and Alina P to discuss novations US tax treatment. 0.5 960.00 480.00
16 7/23/2024 DB Met with Rich L, Kevin W and Alina P to discuss novations US tax treatment. 0.5 1,150.00 575.00
16 7/23/2024 AP Met with Rich L, Kevin W and Doug B to discuss novations US tax treatment. 0.5 640.00 320.00
16 7/23/2024 AP Met with Rich L to review GmbH proposed Interco debt cleanup, MIM cleanup and sale and call agenda. 1.8 640.00 1,152.00
16 7/23/2024 RL Met with Rich L to review GmbH proposed Interco debt cleanup, MIM cleanup and sale and call agenda. 1.8 960.00 1,728.00
16 7/23/2024 DC Reviewed spreadsheet re: I/C balances and debt novations. 0.8 960.00 768.00
6
Case 24-11217-BLS Doc 512-2 Filed 09/09/24 Page 10 of 11
Exhibit C
Vyaire Medical, Inc.
RECAP OF PROFESSIONAL SERVICES
July 1, 2024 - July 31, 2024
Code Date Initials Description Hours Rate Amount
16 7/23/2024 HH Reconciled Schedule M-2 from 2016 to 2023. 1.1 552.00 607.20
16 7/23/2024 DC Continued research related to tax consequences of debt novations. 1.4 960.00 1,344.00
16 7/23/2024 AP Reconciliation of contributions from 2016 to 2023. 2.2 640.00 1,408.00
16 7/24/2024 AP Call with Hannah H. to discuss Vyaire Interco debt deck. 1.1 640.00 704.00
16 7/24/2024 HH Call with Alina P. to discuss Vyaire Interco debt deck. 1.1 552.00 607.20
16 7/24/2024 RL Call with James T-C, Rich L, Kevin W, K&E, BDO international offices to discuss Interco debt cleanup. 1.4 960.00 1,344.00
16 7/24/2024 AP Call with James T-C, Rich L, Kevin W, K&E, BDO international offices to discuss Interco debt cleanup. 1.4 640.00 896.00
16 7/24/2024 KW Call with James Talfourd-Cook, Alina P., David Zopp, Mark Del Priore, Micheal Ehret, Eline Nabbe, Palmer 1.4 960.00 1,344.00
Gunderson, Cally Kothmann, Rachel Lisenby, Michiel Bod, Richard L. Stefan DItsch, Stefan D James,
Roland Stude, Nicholas Warther, and Sara Zablotney to discuss updated approach to intercompany
transactions and related potential non-U.S. and U.S. tax implications.
16 7/24/2024 RL Call with James T-C, Rich L, Kevin W to discuss US implications of Interco debt cleanup. 1.8 960.00 1,728.00
16 7/24/2024 AP Call with James T-C, Rich L, Kevin W to discuss US implications of Interco debt cleanup. 1.8 640.00 1,152.00
16 7/24/2024 KW Call with James Talfourd-Cook, Richard L., and Alina P. to discuss intercompany balance steps, action 1.8 960.00 1,728.00
items to move analysis forward, anticipated deliverable, materiality, and related matters to assess the
expected U.S. federal income tax in relation to the contemplated steps.
16 7/24/2024 AP Reviewed new Interco debt cleanup documents. 0.8 640.00 512.00
16 7/24/2024 HH Created initial slides for intercompany debt novation structuring deck. 1.1 552.00 607.20
16 7/24/2024 HH Reviewed documents pertaining to intercompany debt novation. 2.8 552.00 1,545.60
16 7/25/2024 AP Call with Hannah H. and Eddie M. to discuss Vyaire Interco debt deck. 0.6 640.00 384.00
16 7/25/2024 EM Call with Hannah H. and Alina P. to discuss Vyaire Interco debt deck. 0.6 452.00 271.20
16 7/25/2024 HH Call with Alina P. and Eddie M. to discuss Vyaire Interco debt deck. 0.6 552.00 331.20
16 7/25/2024 AP Call with Hannah H. to discuss Vyaire Interco debt deck. 0.9 640.00 576.00
16 7/25/2024 HH Call with Alina P. to discuss Vyaire Interco debt deck. 0.9 552.00 496.80
16 7/25/2024 AP Call with Lucy G to discuss M2 recon, audited financials, and sch L summaries. 0.6 640.00 384.00
16 7/25/2024 LG Call with Alina P to discuss M2 recon, audited financials, and sch L summaries. 0.6 720.00 432.00
16 7/25/2024 AP Met with Rich L to discuss contributions to Vyaire. 0.4 640.00 256.00
16 7/25/2024 RL Met with Alina P to discuss contributions to Vyaire. 0.4 960.00 384.00
16 7/25/2024 DB Call with Rich L, Lucy G, Alina P and Kevin W to discuss novations US federal tax treatment. 1.1 1,150.00 1,265.00
16 7/25/2024 AP Call with Rich L ,Lucy G, Doug B, Kevin W to discuss novations US federal tax treatment. 1.1 640.00 704.00
16 7/25/2024 KW Call with Rich L., Doug B. and Alina P. to discuss I/C balance resolution. 1.1 960.00 1,056.00
16 7/25/2024 LG Call with Alina P, Kevin W, Rich L, Doug B to discuss Novations. 1.1 720.00 792.00
16 7/25/2024 AP Updated contributions schedule. 0.9 640.00 576.00
16 7/25/2024 EM Setup Interco Debt Deck and made edits. 1.1 452.00 497.20
16 7/25/2024 AP Reviewed stock basis ownership matrix. 1.2 640.00 768.00
16 7/25/2024 HH Created slides for intercompany debt novation structuring deck. 3.5 552.00 1,932.00
16 7/26/2024 EM Call with Hannah H. to discuss intercompany debt deck. 0.9 452.00 406.80
16 7/26/2024 HH Call with Eddie M. to discuss intercompany debt deck. 0.9 552.00 496.80
16 7/26/2024 HH Created novation in USD. 1.1 552.00 607.20
16 7/26/2024 EM Created novation deck slides. 1.5 452.00 678.00
16 7/26/2024 HH Prepared slides for intercompany debt novation structuring deck. 3.9 552.00 2,152.80
16 7/30/2024 RL Call with Rich L to discuss Novations. 1.4 960.00 1,344.00
16 7/30/2024 AP Call with Rich L to discuss Novations. 1.4 640.00 896.00
16 7/30/2024 AP Call with Hannah H. and Eddie M. to discuss Vyaire Interco debt deck. 0.5 640.00 320.00
16 7/30/2024 EM Discussed with Alina P and Hannah H. Interco debt deck. 0.5 452.00 226.00
16 7/30/2024 HH Call with Alina P. and Eddie M. to discuss Vyaire Interco debt deck. 0.5 552.00 276.00
16 7/30/2024 AP Call with Hannah H. regarding updates to Vyaire Interco debt deck. 0.6 640.00 384.00
16 7/30/2024 HH Call with Alina P. regarding updates to Vyaire Interco debt deck. 0.6 552.00 331.20
16 7/30/2024 EM Researched novation tax consequences. 0.5 452.00 226.00
16 7/30/2024 HH Created summary of questions related to debt deck. 0.6 552.00 331.20
16 7/30/2024 HH Updated debt deck for new information. 2.8 552.00 1,545.60
16 7/30/2024 AP Reviewed and updated Novations deck. 2.9 640.00 1,856.00
16 7/31/2024 AP Call with Rich L to review the deck. 1.3 640.00 832.00
16 7/31/2024 RL Call with Alina P to review the deck. 1.3 960.00 1,248.00
16 7/31/2024 AP Call with Rich L to discuss updates to novations and work through the deck based on new data from 1.6 640.00 1,024.00
16 7/31/2024 RL Call with Alina P to discuss updates to novations and work through the deck based on new data from 1.6 960.00 1,536.00
16 7/31/2024 RL Call with Kevin W. and Alina P. to discuss Vyaire I/C balance settlement, potential cancellation of 0.6 960.00 576.00
indebtedness income (CODI), foreign exchange ramifications, GILTI, subpart F, the deliverable, and next
steps.
16 7/31/2024 AP Call with Kevin W. and Rich L. to discuss Vyaire I/C balance settlement, potential cancellation of 0.6 640.00 384.00
indebtedness income (CODI), foreign exchange ramifications, GILTI, subpart F, the deliverable, and next
steps.
16 7/31/2024 KW Call with Alina P. and Rich L. to discuss Vyaire I/C balance settlement, potential cancellation of 0.6 960.00 576.00
indebtedness income (CODI), foreign exchange ramifications, GILTI, subpart F, the deliverable, and next
steps.
16 7/31/2024 AP Met with Kevin W, Rich L, K&E team, James T-C to discuss collaborative deck. 1.0 640.00 640.00
16 7/31/2024 RL Met with Kevin W, Alina P, K&E team, James T-C to discuss collaborative deck. 1.0 960.00 960.00
16 7/31/2024 KW Met with Alina P, Rich L, K&E team, James T-C to discuss collaborative deck. 1.0 960.00 960.00
16 7/31/2024 AP Finalized review of the deck. 1.3 640.00 832.00
16 7/31/2024 AP Updated novations deck based on new data. 1.5 640.00 960.00
TOTAL: 724.1 $356,159.60
7
Case 24-11217-BLS Doc 512-2 Filed 09/09/24 Page 11 of 11
Exhibit C
Vyaire Medical, Inc.
RECAP OF PROFESSIONAL SERVICES
July 1, 2024 - July 31, 2024
Code Date Initials Description Hours Rate Amount
SUMMARY BY PROFESSIONAL:
Initials Name Hours Rate Amount
DB Doug Bekker 1.6 $1,150.00 $1,840.00
DC Doug Chestnut 8.3 960.00 7,968.00
KW Kevin Wilkes 28.5 960.00 27,360.00
RL Rich Liebman 32.8 960.00 31,488.00
AL Annie Lee 3.5 780.00 2,730.00
LG Lucy Germano 7.4 720.00 5,328.00
RM Randi Miller 22.8 680.00 15,504.00
AP Alina Pierce 113.0 640.00 72,320.00
ZM Zach Meyers 0.9 628.00 565.20
SB Sue Bazzy 29.5 624.00 18,408.00
JG John Gifford 11.3 600.00 6,780.00
GP Greg Poci 50.0 588.00 29,400.00
MS Melody Song 1.4 552.00 772.80
HH Hannah Hobson 68.5 552.00 37,812.00
JH Jesse Hooker 0.8 484.00 387.20
BPA Bianca Pappalardo 2.9 484.00 1,403.60
DP Dante Petrone 25.3 452.00 11,435.60
EM Eddie Mason 38.5 452.00 17,402.00
JM Jon Morici 24.3 332.00 8,067.60
NZ Nick Zavis 33.5 272.00 9,112.00
KG Kassandra Gillis 12.1 272.00 3,291.20
BB Bryce Bertler 15.4 248.00 3,819.20
DH Djan Hinov 11.9 248.00 2,951.20
RYL Ryan Lilly 87.0 248.00 21,576.00
KS Kelsee Schofield 42.9 220.00 9,438.00
EK Emmitt Karrels 27.0 180.00 4,860.00
BP Blake Peiffer 23.0 180.00 4,140.00
TOTAL: 724.1 $356,159.60
Blended Rate: $491.87
SUMMARY BY PROJECT CATEGORY:
Code Project Category Hours Amount
1 Federal Income Tax Returns/Extensions 212.5 $79,806.00
8 Fee Apps and Retention 33.3 19,198.40
13 State Income Tax Returns/Extensions 183.7 63,739.20
14 Schedule M 18.7 4,539.60
16 Tax Consulting 275.9 188,876.40
TOTAL: 724.1 $356,159.60
8
File and source
- File
- gov.uscourts.deb.193283.512.2.pdf
- Size
- 318,774 bytes
- SHA-256
- 9f09588323fef7c2c8a06245a1b90370cdb497a6d86779a5aa73535d40e4325f
- Original
- PACER (login required)