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Vyaire - COC re Omnibus Final Fee Order (CS BDO Omni MDW BRG)

Date
2025-02-28

Summary

A certification of counsel filed February 28, 2025 as Doc 1003 in In re Vyaire Medical, Inc., Case No. 24-11217 (BLS), in the U.S. Bankruptcy Court for the District of Delaware, regarding an omnibus order awarding professionals final allowance of compensation and reimbursement of expenses. It states that Cole Schotz P.C., BDO USA P.C., Omni Agent Solutions, Inc., McDermott Will & Emery LLP and Berkeley Research Group, LLC filed final fee applications at Docket Nos. 932, 933, 934, 972 & 973. It reports that the last objection deadline expired on February 14, 2025, that U.S. Trustee comments and Fee Examiner concerns were resolved through agreed reductions and negotiated adjustments, and that no other objections were filed. The debtors ask the court to enter the proposed order, attached as Exhibit A, ahead of a hearing scheduled for March 5, 2025.

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Full text

                  Case 24-11217-BLS             Doc 1003           Filed 02/28/25      Page 1 of 3




                         IN THE UNITED STATES BANKRUPTCY COURT
                              FOR THE DISTRICT OF DELAWARE

                                                               )
    In re:                                                     )      Chapter 11
                                                               )
    VYAIRE MEDICAL, INC.,1                                     )      Case No. 24-11217 (BLS)
                                                               )
                             Liquidating Debtor.               )
                                                               )      Re: Docket Nos. 932, 933, 934, 972 & 973

                            CERTIFICATION OF COUNSEL
                     REGARDING OMNIBUS FEE ORDER AWARDING
                PROFESSIONALS FINAL ALLOWANCE OF COMPENSATION
              FOR SERVICES RENDERED AND REIMBURSEMENT OF EXPENSES

             The undersigned counsel to the above-captioned debtors and debtors in possession

(collectively, the “Debtors”) hereby certifies as follows:

             1.    In accordance with the Second Amended Joint Chapter 11 Plan of Vyaire Medical,

Inc. and Its Debtor Affiliates [Docket No. 719] (as amended, the “Plan”) and the Order Appointing

Fee Examiner and Establishing Related Procedures for the Review of Fee Applications of Retained

Professionals [Docket No. 690] (the “Fee Examiner Order”),2 Cole Schotz P.C., BDO USA P.C.,

Omni Agent Solutions, Inc., McDermott Will & Emery LLP and Berkeley Research Group, LLC,

(collectively, the “Professionals”) filed their final fee applications [Docket Nos. 932, 933, 934,

972 & 973] (collectively, the “Final Fee Applications”) with the United States Bankruptcy Court

for the District of Delaware (the “Court”).




1
      This chapter 11 case is now being administered by the Plan Administrator pursuant to the terms of the Findings
      of Fact, Conclusions of Law, and Order Approving the Debtors’ Disclosure Statement for, and Confirming the
      Second Amended Joint Chapter 11 Plan of Vyaire Medical, Inc. and Its Debtor Affiliates Pursuant to Chapter 11
      of the Bankruptcy Code [Docket No. 745]. The Plan Administrator’s mailing address is Vyaire Medical, Inc.,
      Attn: David M. Barse, Plan Administrator, c/o Cole Schotz P.C., 500 Delaware Avenue, Suite 1410, Wilmington,
      DE 19801.

2
      Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to them in the Plan, the
      Fee Examiner Order or the Order (I) Establishing Procedures for Interim Compensation and Reimbursement of
      Expenses for Retained Professionals and (II) Granting Related Relief [Docket No. 218].
             Case 24-11217-BLS          Doc 1003     Filed 02/28/25     Page 2 of 3




       2.      Pursuant to the Final Fee Applications, objections were to be filed and served no

later than the objection deadline set forth in each Final Fee Application, the last of which expired

on February 14, 2025, at 4:00 p.m. (prevailing Eastern Time).

       3.      The Office of the United States Trustee for the District of Delaware

(the “U.S. Trustee”) provided certain informal comments with respect to Monthly Fee Statements

previously filed by certain Professionals. The informal comments were resolved by, among other

things, certain agreed upon reductions reflected in the Proposed Order (as defined below).

       4.      Further, pursuant to the Fee Examiner Order, the Fee Examiner filed the Fee

Examiner’s Final Report Pertaining to Second Interim and Final Fee Applications of Certain

Retained Professionals [Docket No. 994] (the “Fee Examiner Report”). As set forth in the Fee

Examiner Report, the Fee Examiner recommends approval of the fees and expenses requested in

the Final Fee Applications subject to the negotiated adjustments. The negotiated adjustments

address the Fee Examiner’s concerns with respect to the Final Fee Applications and are reflected

in the Proposed Order (as defined below).

       5.      Other than the Fee Examiner Report and the informal comments received from the

U.S. Trustee, the Professionals received no objections or responses to the Final Fee Applications,

and no objections or responses have been filed on the docket.

       6.      The hearing to consider approval of the Final Fee Applications is scheduled for

March 5, 2025, at 10:30 a.m. (prevailing Eastern Time).

       7.      Counsel to the Debtors prepared a proposed form of order (the “Proposed Order”)

approving the Final Fee Applications, which is attached hereto as Exhibit A.

       8.      The Proposed Order has been circulated to the Professionals, the U.S. Trustee and

the Fee Examiner, none of which object to entry of the Proposed Order.




                                                 2
                         Case 24-11217-BLS         Doc 1003    Filed 02/28/25      Page 3 of 3




                  9.      Accordingly, the Debtors respectfully request that the Court entered the Proposed

           Order at its earliest convenience.


Dated: February 28, 2025
Wilmington, Delaware

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


 Co-Counsel to the Debtors                                    Co-Counsel to the Debtors




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