Summary Cover Sheet of Second Interim Fee Application — In re Kabbage, Inc. d/b/a KServicing (Dkt. 828.2)
Summary
Exhibit A to a May 16, 2023 filing, Doc 828-2 in Case No. 22-10951, titled Summary Cover Sheet of Second Interim Fee Application. The applicant is Weil, Gotshal & Manges LLP, for the client Kabbage, Inc. d/b/a KServicing and Affiliated Debtors, covering January 1, 2023 through March 31, 2023. It lists total compensation sought of $5,610,622.25 and total expenses sought of $44,388.50, with a petition date of October 3, 2022 and an order approving employment dated October 21, 2022. The sheet prints blended rates of $1,263.50 for all attorneys and $1,247.91 for all timekeepers, and answers Yes to whether any rates are higher than those approved or disclosed at retention.
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“Summary Cover Sheet of Second Interim Fee Application — In re Kabbage, Inc. d/b/a KServicing (Dkt. 828.2).”
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Case 22-10951-CTG Doc 828-2 Filed 05/16/23 Page 1 of 1
Exhibit A
SUMMARY COVER SHEET OF SECOND INTERIM FEE APPLICATION
Name of Applicant Weil, Gotshal & Manges LLP
Name of Client Kabbage, Inc. d/b/a KServicing and Affiliated Debtors
Start: January 1, 2023
Time Period Covered by this Application
End: March 31, 2023
Total compensation sought this period $5,610,622.25
Total expenses sought this period $44,388.50
Petition date October 3, 2022
Retention date October 21, 2022 effective as of October 3, 2022
Date of order approving employment October 21, 2022
Total compensation approved by interim order to date $4,626,527.25
Total expenses approved by interim order to date $19,412.54
Total allowed compensation paid to date $4,626,527.25
Total allowed expenses paid to date $19,412.54
Blended rate in this application for all attorneys $1,263.50
Blended rate in this application for all timekeepers $1,247.91
Compensation sought and already paid pursuant to a monthly $2,820,719.60
compensation order but not yet allowed
Expenses sought and already paid pursuant to a monthly $28,261.67
compensation order but not yet allowed
Number of professionals included in this application 44
If applicable, number of professionals in this application not included 15
in staffing plan approved by client
If applicable, difference between fees budgeted and compensation $1,154,822.45
sought for this period
Number of professionals billing fewer than 15 hours to the case 18
during this period
Are any rates higher than those approved or disclosed at retention? Yes
Case Name: Kabbage, Inc. d/b/a KServicing
Case Number: 22-10951
Applicant’s Name: Weil, Gotshal & Manges LLP
Date of Application: May 16, 2023
Interim or Final: Interim
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