Vyaire - Notice for PJT Third Monthly Fee App

Summary

Notice that the Third Monthly Fee Application of PJT Partners LP as Investment Banker to the Debtors and Debtors-in-Possession was filed on September 26, 2024, covering August 1, 2024 through August 31, 2024. PJT seeks approval of $140,000.00 in fees (80% of $175,000.00) and $933.11 in reimbursement of expenses. The objection deadline is 4:00 p.m. (ET) on October 17, 2024. A hearing on the Application is needed only if an objection is timely filed or the Court directs otherwise, before the Honorable Brendan L. Shannon. The signature line reads /s/ Stacy L. Newman.

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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)
)
)
Hearing Date: Only if Objections are filed
)
Objection Deadline: October 17, 2024, at 4:00 p.m. (ET)
NOTICE OF FEE APPLICATION
PLEASE TAKE NOTICE that, on September 26, 2024, the Third Monthly Fee
Application of PJT Partners LP as Investment Banker to the Debtors and Debtors-in-Possession
for Allowance of Compensation for Services Rendered and for the Reimbursement of All Actual
and Necessary Expenses Incurred for the Period of August 1, 2024 Through August 31, 2024
(the “Application”) was filed with the United States Bankruptcy Court for the District of Delaware
(the “Court”).  The Application seeks approval of fees in the amount of $140,000.00 (80% of
$175,000.00) and reimbursement of expenses in the amount of $933.11.
PLEASE TAKE FURTHER NOTICE that objections, if any, to the Application are
required to be filed with the Clerk of the United States Bankruptcy Court for the District of
Delaware, 824 North Market Street, 3rd Floor, Wilmington, Delaware 19801, and served on the
following, so as to be received no later than 4:00 p.m. (ET) on October 17, 2024 (a) the Debtors,
Vyaire Medical, Inc.; 26125 North Riverwoods Boulevard, Mettawa, Illinois, USA 60045, Attn.:
Charles Braley (cbraley@alixpartners.com); (b) proposed counsel to the Debtors (i) Kirkland &
Ellis LLP, 601 Lexington Avenue, New York, New York, 10022, Attn.: Joshua A. Sussberg, P.C.
(joshua.sussberg@kirkland.com) and Chris Ceresa (chris.ceresa@kirkland.com); (ii) Kirkland &
Ellis LLP, 333 West Wolf Point Plaza, Chicago, Illinois 60654, Attn.: Spencer A. Winters
(spencer.winters@kirkland.com), Yusuf U. Salloum (yusuf.salloum@kirkland.com), and Rebecca
Marston (rebecca.marston@kirkland.com); (iii) Cole Schotz P.C., 500 Delaware Avenue, Suite
1410, Wilmington, Delaware 19801, Attn: Patrick J. Reilley, Esq. (preilley@coleschotz.com); and
(iv) Cole Schotz P.C., Court Plaza North, 25 Main Street, Hackensack, New Jersey 07601, Attn.:
Michael
D.
Sirota,
Esq.
(msirota@coleschotz.com),
Warren
A.
Usatine,
Esq.
(wusatine@coleschotz.com); (c) the Office of the United States Trustee for the District of
Delaware, 844 King Street, Suite 2207, Lockbox 35, Wilmington, Delaware 19801, Attn:
Benjamin Hackman (Benjamin.A.Hackman@usdoj.gov); (d) counsel to the 1L Ad Hoc Group,
(i) Gibson, Dunn & Crutcher LLP, 200 Park Avenue, New York, NY 10166, Attn: Scott J.
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 572-1    Filed 09/26/24    Page 1 of 3

2
Greenberg
(SGreenberg@gibsondunn.com),
Jason
Zachary
Goldstein
(JGoldstein@gibsondunn.com), Joshua Brody (JBrody@gibsondunn.com), and Kevin Liang
(KLiang@gibsondunn.com) and (ii) Pachulski Stang Ziehl & Jones LLP, 919 North Market Street,
17th floor, Wilmington, DE 19801, Attn: Laura Davis Jones (ljones@pszjlaw.com) and Timothy
P. Cairns (tcairns@pszjlaw.com); and (e) proposed counsel to the official committee of unsecured
creditors (the “Committee”), (i) McDermott Will & Emery LLP, The Brandywine Building, 1000
N. West Street, Suite 1400, Wilmington, Delaware 19801, Attn.: David Hurst (dhurst@mwe.com)
and Maris Kandestin (mkandestin@mwe.com) and (ii) McDermott Will & Emery LLP, One
Vanderbilt Avenue, New York, NY 10017-3852, Attn: Darren Azman (dazman@mwe.com) and
Kristin Going (kgoing@mwe.com).
PLEASE TAKE FURTHER NOTICE that, pursuant to the Order (I) Establishing
Procedures for Interim Compensation and Reimbursement of Expenses for Retained Professionals
and (II) Granting Related Relief [Docket No. 218], if no objections are filed and served in
accordance with the above procedures, the Debtors will be authorized to pay 80% of the requested
fees and 100% of the requested expenses without further order of the Court.
PLEASE TAKE FURTHER THAT THAT A HEARING ON THE APPLICATION
WILL BE HELD ONLY IF AN OBJECTION IS TIMELY FILED OR THE COURT DIRECTS
OTHERWISE, AT A DATE AND TIME TO BE SCHEDULED, BEFORE THE HONORABLE
BRENDAN L. SHANNON, UNITED STATES BANKRUPTCY JUDGE, UNITED STATES
BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE, 6TH FLOOR,
COURTROOM NO. 1, 824 NORTH MARKET STREET, WILMINGTON, DELAWARE 19801.
[Remainder of Page Intentionally Left Blank]
Case 24-11217-BLS    Doc 572-1    Filed 09/26/24    Page 2 of 3

3
Dated: September 26, 2024
Wilmington, Delaware
/s/ Stacy L. Newman
COLE SCHOTZ P.C.
KIRKLAND & ELLIS LLP
Patrick J. Reilley, Esq. (No. 4451)
KIRKLAND & ELLIS INTERNATIONAL LLP
Stacy L. Newman (No. 5044)
Joshua A. Sussberg, P.C. (admitted pro hac vice)
500 Delaware Avenue, Suite 1410
601 Lexington Ave
Wilmington, Delaware 19801
New York, New York 10022
Telephone:
(302) 652-3131
Telephone:
(212) 446-4800
Facsimile:
(302) 652-3117
Facsimile:
(212) 446-4900
Email:
preilley@coleschotz.com
Email:
joshua.sussberg@kirkland.com
snewman@coleschotz.com
- and -
- and -
Michael D. Sirota, Esq. (admitted pro hac vice)
Spencer A. Winters, P.C. (admitted pro hac vice)
Warren A. Usatine, Esq (admitted pro hac vice)
Yusuf U. Salloum (admitted pro hac vice)
Court Plaza North, 25 Main Street
333 West Wolf Point Plaza
Hackensack, New Jersey 07601
Chicago, Illinois 60654
Telephone:
(201) 489-3000
Telephone:
(312) 862-2000
Facsimile:
(201) 489-1536
Facsimile:
(312) 862-2200
Email:
msirota@coleschotz.com
Email:
spencer.winters@kirkland.com
wusatine@coleschotz.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 572-1    Filed 09/26/24    Page 3 of 3

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