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WCSR 35122182v2 IN THE UNITED STATES BANKRUPTCY COURT FOR 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

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Page 1: Case 12-13262-BLS Doc 2326 Filed 10/09/15 Page 1 of 26 ... · i . ; b !0 # 9' # '+ 6 " + !7' " 2 6 * 2 " " ( 8$ " "' # +!6 !7i : ; : 7! ! !7 i: ;:; ; : ; *%''',"62#76 # ' 7

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

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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.

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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

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4WCSR 35122182v2

EXHIBIT “1”

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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

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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

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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

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