Upload
others
View
1
Download
0
Embed Size (px)
Citation preview
WCSR 35122182v2
IN THE UNITED STATES BANKRUPTCY COURTFOR THE DISTRICT OF DELAWARE
In re:
REVSTONE INDUSTRIES, LLC, et al.1
Debtors.
Chapter 11(Jointly Administered)
Case No. 12-13262 (BLS)
Related Docket No. 2284
SUPPLEMENT TO THE FINAL FEE APPLICATION OF WOMBLE CARLYLE SANDRIDGE & RICE, LLP FOR COMPENSATION FOR SERVICES RENDERED AND REIMBURSEMENT OF EXPENSES AS
COUNSEL TO THE OFFICIAL COMMITTEE OF UNSECURED CREDITORS
Womble Carlyle Sandridge & Rice, LLP (“WCSR”),2 as counsel to the
Official Committee of Unsecured Creditors (the “Committee”) of Revstone
Industries, LLC (“Revstone”), one of the above-captioned debtors and debtors-in-
possession (collectively, the “Debtors”), submits its supplemental fee and expense
statement, and respectfully states as follows:
1. On August 24, 2015, WCSR filed the Final Fee Application of
Womble Carlyle Sandridge & Rice LLP for Compensation for Services Rendered
and Reimbursement of Expenses as Counsel to the Official Committee of Unsecured
Creditors for the Period December 17, 2012, through and including June 24, 2015
(Docket No. 2284) (the “Final Application”).
1 The Debtors in these Chapter 11 Cases and the last four digits of each Debtor’s federal tax
identification number are: Revstone Industries, LLC (7222); Spara, LLC (6613); Greenwood Forgings, LLC (9285); and US Tool and Engineering, LLC (6450). The location of the Debtors’ headquarters and the service address for each of the Debtors is c/o Huron Consulting Group Inc., 900 Wilshire Drive, Suite 270, Attn: John C. DiDonato, CRO, Troy, MI 48084.
2 Capitalized terms note defined herein shall have the meanings ascribed to them in the Final Application.
Case 12-13262-BLS Doc 2326 Filed 10/09/15 Page 1 of 26
2WCSR 35122182v2
2. The deadline to object to the Final Application was September 11,
2015. A certificate of no objection was filed on September 25, 2015 (Docket No.
2320).
3. To date, a hearing on the Final Application has not been scheduled.
4. A portion of the fees and expenses included in the Final Application
was attributable to an estimate for fees and expenses to be incurred in connection
with transitioning the cases to the post-confirmation litigation trust, the preparation
of the Committee’s professionals’ final fee applications, and attending any hearing
on such final fee appplications, for which entries had not yet been made to WCSR’s
accounting system.3 Specifically, in the Final Application, WCSR included an
estimate of $50,000.00 for such fees and expenses. WCSR is now able to provide
the precise amounts of such additional fees and expenses for which WCSR will also
seek approval through the Final Application.
5. Attached hereto as Exhibit 1 are detailed time and expenses entries
describing the additional services performed by each professional and additional
expenses incurred, in the aggregate amount of $37,930.55 in fees and $272.64 in
expenses incurred through Septmber 25, 2015. WCSR reserves its rights to further
supplement this time and expense detail to the extent that additional fees and
expenses are incurred and/or entered into the firm’s billing system.
WHEREFORE, WCSR respectfully requests that it be granted final approval
of compensation for professional services performed by WCSR in the amount of
3 Attached to the Final Application as Exhibit A, was a detailed listing of Post-Effective Date fees and expenses incurred through and including July 31, 2015.
Case 12-13262-BLS Doc 2326 Filed 10/09/15 Page 2 of 26
3WCSR 35122182v2
$3,856,025.59, together with reimbursement of its actual and necessary expenses in
the amount of $184,058.43, for a total of $4,040,084.02, and (iii) such further relief
as the Court may deem just and proper.
Dated: October 9, 2015 WOMBLE CARLYLE SANDRIDGE& RICE, LLP
/s/ Ericka F. JohnsonMark L. Desgrosseilliers (Del. Bar No. 4083)Matthew P. Ward (Del. Bar No. 4471)Ericka F. Johnson (Del. Bar No. 5024)222 Delaware Avenue, Ste. 1501Wilmington, DE 19801Telephone: (302) 252-4320Facsimile: (302) 661-7738E-mail: [email protected]: [email protected]: [email protected]
Counsel for the Official Committee of Unsecured Creditors of Revstone Industries,LLC
Case 12-13262-BLS Doc 2326 Filed 10/09/15 Page 3 of 26
4WCSR 35122182v2
EXHIBIT “1”
Case 12-13262-BLS Doc 2326 Filed 10/09/15 Page 4 of 26
5WCSR 35122182v2
SUPPLEMENT TO THE SUMMARY OF PROFESSIONAL SERVICES RENDERED BY WOMBLE CARLYLE SANDRIDGE & RICE, LLP ON BEHALF
OF THE OFFICIAL COMMITTEE OF UNSECURED CREDITORS
NAME OF PROFESSIONAL
PERSON
POSITION/DATE ADMITTED TO
BAR/NUMBER OF YEARS
HOURLY BILLING
RATE
TOTAL HOURS BILLED
TOTAL COMPENSATION
SOUGHT(REFLECTS
REDUCTIONS)
Desgrosseilliers, Mark L.
Partner; Admitted to Delaware Bar 2001; Joined WCSR 2008; Partner since 2008
$517.50 19.2 $9,936.00
Ward, Matthew P.
Partner; Admitted to Delaware Bar 2003; Joined WCSR 2008; Partner since 2010
$445.50 25.1 $11,182.05
$495.00 0.7 $346.50
Johnson, Ericka F.Associate; Admitted to Delaware Bar 2007; Joined WCSR 2009
$337.50 20.6 $6,952.50
Patterson, Morgan L.Associate; Admitted to Delaware Bar 2009; Joined WCSR 2013
$315.00 10.0 $3,150.00
Rodwell, Kendra A. Summer Associate; Joined WCSR 2015
$195.00 5.7 $1,111.50
Lytle, Kathleen E.Paralegal; Joined WCSR 2006
$260.00 3.1 $806.00
Wray, Judith B. Paralegal; Joined WCSR 2014
$260.00 17.1 $4,446.00
TOTALS 101.5 $37,930.55
Total Blended Rate $373.70
Case 12-13262-BLS Doc 2326 Filed 10/09/15 Page 5 of 26
6WCSR 35122182v2
SUPPLEMENT TO SUMMARY OF SERVICES BY TASK CODE FOR PROFESSIONAL SERVICES RENDERED BY WOMBLE CARLYLE
SANDRIDGE & RICE, LLP ON BEHALF OF THE OFFICIAL COMMITTEE OF UNSECURED CREDITORS
Task Code Task Description Hours Amount
BKFFA Final Fee Application 27.4 $9,310.00
BKFO Fees of Others 2.8 $805.50
BKTR Trust Transition 71.3 $27,815.05
Total 101.5 $37,930.55
Case 12-13262-BLS Doc 2326 Filed 10/09/15 Page 6 of 26
7WCSR 35122182v2
SUPPLEMENTAL SUMMARY OF ACTUAL AND NECESSARY EXPENSES INCURRED BY WOMBLE CARLYLE SANDRIDGE & RICE, LLP ON BEHALF
OF THE OFFICIAL COMMITTEE OF UNSECURED CREDITORS
EXPENSES AMOUNTS
Copying/Printing $232.64
Filing Fee $20.00
Miscellaneous $20.00
Total Expenses Requested: $272.64
Case 12-13262-BLS Doc 2326 Filed 10/09/15 Page 7 of 26
Case 12-13262-BLS Doc 2326 Filed 10/09/15 Page 8 of 26
Case 12-13262-BLS Doc 2326 Filed 10/09/15 Page 9 of 26
Case 12-13262-BLS Doc 2326 Filed 10/09/15 Page 10 of 26
Case 12-13262-BLS Doc 2326 Filed 10/09/15 Page 11 of 26
Case 12-13262-BLS Doc 2326 Filed 10/09/15 Page 12 of 26
Case 12-13262-BLS Doc 2326 Filed 10/09/15 Page 13 of 26
Case 12-13262-BLS Doc 2326 Filed 10/09/15 Page 14 of 26
Case 12-13262-BLS Doc 2326 Filed 10/09/15 Page 15 of 26
Case 12-13262-BLS Doc 2326 Filed 10/09/15 Page 16 of 26
Case 12-13262-BLS Doc 2326 Filed 10/09/15 Page 17 of 26
Case 12-13262-BLS Doc 2326 Filed 10/09/15 Page 18 of 26
Case 12-13262-BLS Doc 2326 Filed 10/09/15 Page 19 of 26
Case 12-13262-BLS Doc 2326 Filed 10/09/15 Page 20 of 26
Case 12-13262-BLS Doc 2326 Filed 10/09/15 Page 21 of 26
Case 12-13262-BLS Doc 2326 Filed 10/09/15 Page 22 of 26
Case 12-13262-BLS Doc 2326 Filed 10/09/15 Page 23 of 26
Case 12-13262-BLS Doc 2326 Filed 10/09/15 Page 24 of 26
Case 12-13262-BLS Doc 2326 Filed 10/09/15 Page 25 of 26
Case 12-13262-BLS Doc 2326 Filed 10/09/15 Page 26 of 26