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Quinn Emanuel Urquhart & Sullivan, LLP Susheel Kirpalani (admitted pro hac vice) Daniel S. Holzman (admitted pro hac vice) Eric Kay (admitted pro hac vice) 51 Madison Avenue, 22nd Floor New York, New York 10010
Attorneys for Debtors and Debtors-in-Possession
UNITED STATES BANKRUPTCY COURT EASTERN DISTRICT OF VIRGINIA
RICHMOND DIVISION
In re § Chapter 11§
CHINOS HOLDINGS, INC., et al.,1 § Case No. 20-32181 (KLP)§
Debtors. § (Jointly Administered)
SECOND MONTHLY FEE STATEMENT OF QUINN EMANUEL URQUHART & SULLIVAN, LLP AS SPECIAL COUNSEL TO J. CREW OPERATING CORP.
FOR ALLOWANCE OF COMPENSATION FOR SERVICES RENDERED AND REIMBURSEMENT OF EXPENSES INCURRED DURING
THE PERIOD OF JUNE 1, 2020, THROUGH JUNE 30, 2020
Name of Applicant: Quinn Emanuel Urquhart & Sullivan, LLP Name of Client: J. Crew Operating Corp.Retention Date: May 4, 2020 Time Period Covered: June 1, 2020, through June 30, 2020 Total Fees Requested: $53,408.40 (80% of $66,760.50) Total Expenses Requested: $287.50 Type of Fee Statement Second Monthly Fee Statement
Pursuant to sections 330 and 331 of title 11 of the United States Code (the “Bankruptcy
Code”), rule 2016 of the Federal Rules of Bankruptcy Procedures (the “Bankruptcy Rules”), rule
2016-1 of the Local Rules of Bankruptcy Practice and Procedures of the United States Bankruptcy
1 The Debtors in these chapter 11 cases, along with the last four digits of each Debtor’s federal tax identification number, as applicable, are Chinos Holdings, Inc. (3834); Chinos Intermediate Holdings A, Inc. (3301); Chinos Intermediate, Inc. (3871); Chinos Intermediate Holdings B, Inc. (3244); J. Crew Group, Inc. (4486); J. Crew Operating Corp. (0930); Grace Holmes, Inc. (1409); H.F.D. No. 55, Inc. (9438); J. Crew Inc. (6360); J. Crew International, Inc. (2712); J. Crew Virginia, Inc. (5626); Madewell Inc. (8609); J. Crew Brand Holdings, LLC (7625); J. Crew Brand Intermediate, LLC (3860); J. Crew Brand, LLC (1647); J. Crew Brand Corp. (1616); J. Crew Domestic Brand, LLC (8962); and J. Crew International Brand, LLC (7471). The Debtors’ corporate headquarters and service address is 225 Liberty Street, New York, New York 10281.
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2
Court for the Eastern District of Virginia (the “Local Rules”), and the Order (I) Establishing
Procedures for Interim Compensation and Reimbursement of Expenses of Professionals and (II)
Granting Related Relief entered May 28, 2020 (the “Interim Compensation Order”) (ECF No.
389), Quinn Emanuel Urquhart & Sullivan, LLP (“Quinn Emanuel”), special counsel to J. Crew
Operating Corp (“J. Crew Op Co” or the “Debtor”), hereby files its Second Monthly Fee Statement
for Allowance of Compensation for Services Rendered and Reimbursement of Expenses Incurred
During the Period June 1, 2020, through June 30, 2020 (the “Monthly Fee Statement”), for the
amount of $53,408.40 which represents 80% of the total fees incurred by Quinn Emanuel for
reasonable and necessary professional services rendered and $287.50 for the reimbursement of the
actual and necessary expenses incurred from June 1, 2020, through June 30, 2020 (the “Fee
Period”).
Itemization of Services Rendered and Disbursements Incurred
1. In support of this Monthly Fee Statement, Quinn Emanuel has attached the
following:
Exhibit A is a summary schedule of hours and fees covered by this Monthly Fee Statement, categorized by project code;
Exhibit B is a summary schedule of the time expended by all Quinn Emanuel professionals and paraprofessionals engaged in the representation of the Debtor during the Fee Period;
Exhibit C is a summary of the expenses incurred by Quinn Emanuel during the Fee Period; and
Exhibit D is a detailed invoice for the hours expended and fees incurred by Quinn Emanuel professionals and paraprofessionals engaged in the representation of J. Crew Op Co during the Fee Period.
Representations
2. Although every effort has been made to include all fees and expenses incurred in
the Fee Period, some fees and expenses might not be included in this Monthly Fee Statement due
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3
to delays caused by accounting and processing during the Fee Period. Quinn Emanuel reserves
the right to make further application to this Court for allowance of such fees and expenses not
included herein. Subsequent fee statements and applications will be filed in accordance with the
Bankruptcy Code, Bankruptcy Rules, Local Rules, and the Interim Compensation Order.
Notice
3. Notice of this Monthly Fee Statement has been provide to all necessary parties in
accordance with the Interim Compensation Order.
WHEREFORE, Quinn Emanuel Urquhart & Sullivan, LLP respectfully requests payment
of $53,695.90, which is 80% of the fees incurred for reasonable and necessary professional
services rendered and 100% of the actual and necessary costs and expenses incurred during the
Fee Period.
Respectfully submitted this 9th day of September, 2020.
QUINN EMANUEL URQUHART & SULLIVAN, LLP
By: /s/ Susheel Kirpalani Susheel Kirpalani (admitted pro hac vice) Zachary Russell 51 Madison Avenue, 22nd Floor New York, New York 10010 Telephone: 212-849-7000 Facsimile: 212-849-7100 Email: [email protected]
SPECIAL COUNSEL TO J. CREW OPERATING CORP.
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EXHIBIT A
PROJECT CODE
PROJECT CATEGORY TOTAL HOURS
TOTAL FEES
JC02 Corporate Governance and Board Matters 57.2 $64,170.50 JC03 Employment and Fee Applications 3.7 $2,590.00
TOTAL 60.9 $66,760.50
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EXHIBIT B
PROFESSIONAL TITLE HOURS RATE AMOUNT
Susheel Kirpalani Partner 19.4 $1,595.00 $30,943.00 Eric M. Kay Counsel 1.7 $1,100.00 $1,870.00 Daniel Holzman Counsel 2.0 $1,015.00 $2,030.00 Jennifer Nassiri Counsel 14.9 $1,000.00 $14,900.00 Zachary Russell Associate 7.9 $825.00 $6,517.50 Stella Li Associate 15.0 $700.00 $10,500.00 Total 60.9 $66,760.50
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EXHIBIT C
EXPENSE COST
Hosting per GB – 6.25 $87.50 Viewpoint User Fees $200.00 Total $287.50
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EXHIBIT D
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quinn emanuel trial lawyers LOS ANGELES | NEW YORK | SAN FRANCISCO | SILICON VALLEY |
CHICAGO | DC | LONDON | MANNHEIM | TOKYO| HAMBURG |
PARIS | MUNICH | SYDNEY | HONG KONG | HOUSTON | BOSTON |
BRUSSELS | SEATTLE | ZURICH | SHANGHAI |STUTTGART |PERTH |
SALT LAKE CITY |
865 S. Figueroa Street, 10th Floor
Los Angeles, California 90017
Confidential – May include attorney-client privileged and work-product information
los angeles | new york | san francisco | silicon valley | chicago | dc | london | mannheim | tokyo| hamburg | paris | munich
sydney | hong kong | houston | brussels | seattle | zurich | shanghai | stuttgart | perth | boston | salt lake city
July 20, 2020
Maria Di Lorenzo
General Counsel
J. Crew Group, Inc.
225 Liberty Street, 17th Floor
New York, New York 10281
Matter #: 09955-00001
Invoice Number: 101-0000105304
Responsible Attorney: Susheel Kirpalani
Special Counsel to J. Crew
For Professional Services through June 30, 2020 in connection with representing a special committee of the
board of J.Crew to review historical transactions in connection with a possible restructuring of the
company's assets and liabilities in chapter 11 bankruptcy.
Fees $66,760.50
Expenses $287.50
Net Amount $67,048.00
Total Due This Invoice $67,048.00
Balance Due from Previous Statement(s) $1,181,639.63
Total Balance Due $1,248,687.63
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Page 2
Matter #: 09955-00001
Invoice Number: 101-0000105304
los angeles | new york | san francisco | silicon valley | chicago | dc | london | mannheim | tokyo| hamburg | paris | munich
sydney | hong kong | houston | brussels | seattle | zurich | shanghai | stuttgart | perth | boston | salt lake city
Statement Detail
JC02 Corporate Governance and Board Matters
06/01/20 SL3 Review and finalize pleading in
response to DIP motion and emails
with local counsel re same (0.8); email
as-filed version to D.J. Baker and
team (0.2); email with R. Kost re
comments (.1); draft protective order
with UCC (.4).
1.50 1,050.00
06/01/20 EMK Review docs, emails re pleading
relating to 2017 transactions and
secured party releases (0.5).
0.50 550.00
06/01/20 DH3 Coordinate finalization of
resolutions.
0.20 203.00
06/01/20 ZR1 Finalize interview notes. 4.60 3,795.00
06/01/20 SK2 Final review and edits to Response in
respect of DIP Motion to inform of
Review Committee’s findings and
position (1.1).
1.10 1,754.50
06/01/20 JNA Attend to multiple emails with S. Li
and Z. Russell regarding production
to committee in connection with
review of 2017 transaction (.2);
consider common interest issues (.2).
0.40 400.00
06/02/20 SL3 Emails with J. Nassiri re common
interest agreement (0.1).
0.10 70.00
06/02/20 JNA Multiple emails regarding common
interest agreement (.6); review and
revise same (.3); emails with R. Kost
regarding status (.1).
1.00 1,000.00
06/02/20 SK2 Prepare remarks for and attend
Special Committee of the Board
conference call to discuss Review
Committee’s process and findings
(1.5); attend full Board call to discuss
Review Committee’s determinations
(1.0).
2.50 3,987.50
06/03/20 SL3 Draft protective order (2.6); review
Debtors' DIP omnibus reply (0.2).
2.80 1,960.00
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July 20, 2020
Page 3
Matter #: 09955-00001
Invoice Number: 101-0000105304
los angeles | new york | san francisco | silicon valley | chicago | dc | london | mannheim | tokyo| hamburg | paris | munich
sydney | hong kong | houston | brussels | seattle | zurich | shanghai | stuttgart | perth | boston | salt lake city
06/03/20 JNA Review and revise draft stipulated
protective order (.8); multiple emails
regarding strategy and common
interest agreement (.4); review
omnibus response to DIP Financing
motion (.4).
1.60 1,600.00
06/03/20 EMK Review Debtors’ reply to DIP
objections and revised Final DIP
Order related to 2017 transactions
and secured party releases (1.2).
1.20 1,320.00
06/03/20 SK2 Review Debtors’ reply brief in further
support of DIP hearing (1.0); review
ad hoc committee of lenders’ brief in
support (.7); review UCC objection in
connection w/tomorrow’s hearing
(1.2); corresp w/S. Li, J. Nassiri re
status of common interest protective
order (.2); TC w/R. Dahl (Weil) re
anticipated presentation re DIP
hearing (.5).
3.60 5,742.00
06/03/20 ZR1 Review common-interest agreement. 0.90 742.50
06/04/20 JNA Review final draft of protective order
(.4); emails with to A. Kornfeld
regarding same (.2); telephonically
attend final DIP financing hearing
(1.8).
2.40 2,400.00
06/04/20 SL3 Telephonically attend DIP hearing
(1.5); revise protective order and calls
and emails with J. Nassiri, the UCC
and local counsel re same (0.3).
1.80 1,260.00
06/04/20 DH3 Telephonically attend DIP hearing. 1.80 1,827.00
06/04/20 ZR1 Attend DIP hearing. 1.80 1,485.00
06/04/20 SK2 Corresp w/R. Dahl (Weil) re
presentation at hearing, latest
developments (.2); prepare for DIP
hearing to respond to possible
questions from bench, UCC (.8);
attend DIP hearing before Judge
Phillips (2.0).
3.00 4,785.00
06/05/20 JNA Emails with S. Li regarding privilege
issues (.2); review privilege
0.40 400.00
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Matter #: 09955-00001
Invoice Number: 101-0000105304
los angeles | new york | san francisco | silicon valley | chicago | dc | london | mannheim | tokyo| hamburg | paris | munich
sydney | hong kong | houston | brussels | seattle | zurich | shanghai | stuttgart | perth | boston | salt lake city
stipulation regarding same (.2).
06/05/20 SL3 Emails re protective order with local
counsel and with Weil (0.3).
0.30 210.00
06/06/20 SL3 Emails with J. Nassiri and call with
Weil re privilege issue (0.2).
0.20 140.00
06/06/20 JNA Emails with R. Carangelo regarding
document production to committee
(.2); emails with S. Li regarding same
(.1); telephone conference with Weil
team regarding same (.2).
0.50 500.00
06/06/20 ZR1 Attend TC with Weil regarding
discovery to UCC.
0.20 165.00
06/11/20 JNA Review committee motion to retain
expert (.4); emails with QE team
regarding strategy (.1); prepare
correspondence to R. Carangelo
regarding same (.1); review
correspondence from R. Carangelo in
response (.1).
0.70 700.00
06/11/20 SK2 Review proposed retention of
Creditors’ Committee’s application to
retain valuation expert (.6); corresp
w/team re experience w/expert (.2).
0.80 1,276.00
06/11/20 ZR1 Review UCC expert application. 0.40 330.00
06/12/20 JNA Emails regarding production of
documents to committee and status
of same (.3); review search terms
requested by committee (.1).
0.40 400.00
06/15/20 SL3 Review email from R. Carangelo re
production to UCC and email to S.
Kirpalani re same.
0.20 140.00
06/15/20 JNA Review multiple emails regarding
common interest with committee.
0.20 200.00
06/16/20 SK2 Prepare for and attend meeting of
Special Committee of Board (.6).
0.60 957.00
06/18/20 JNA Emails with R. Carangelo regarding
committee document requests.
0.20 200.00
06/19/20 JNA Review common interest agreement
and stipulated protective order (.7);
2.20 2,200.00
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July 20, 2020
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Matter #: 09955-00001
Invoice Number: 101-0000105304
los angeles | new york | san francisco | silicon valley | chicago | dc | london | mannheim | tokyo| hamburg | paris | munich
sydney | hong kong | houston | brussels | seattle | zurich | shanghai | stuttgart | perth | boston | salt lake city
telephone conference with S. Li
regarding committee discovery issues
(.2); multiple emails with S. Li and S.
Kirpalani regarding same (.6); emails
with R. Carangelo regarding
conference call to discuss documents
production (.3); review committee
objection to adequacy of disclosure
statement (.4).
06/19/20 SL3 Emails and call with J. Nassiri, S.
Kirpalani and UCC counsel re
documents production (1.2).
1.20 840.00
06/19/20 SK2 Review objection to disclosure
statement filed by UCC (.9); confer
w/R. Schrock, R. Dahl (Weil) re
accuracy of disclosure statement in
attempt to manage issues raised (.5);
review disclosure statement (1.5);
corresp w/D.J. Baker to explain
objection and issues (.4).
3.30 5,263.50
06/20/20 JNA Emails regarding pleading in support
of plan confirmation.
0.20 200.00
06/20/20 SK2 Conf call w/Weil team re plan for
handling disclosure hearing and
coordination of efforts (.4).
0.40 638.00
06/22/20 JNA Team call with Weil regarding
documents produced to Committee
(.3); telephone conference with R.
Carangelo regarding same (.2);
telephone conference with S. Li
regarding strategy (.2); multiple
emails regarding procedure for
review of same (.6).
1.30 1,300.00
06/22/20 SL3 Emails and calls with J. Nassiri, Z.
Russell, Weil and UCC re documents
production to UCC and review
materials re same (1.6).
1.60 1,120.00
06/23/20 JNA Attention to multiple emails with T.
Flannagan, S. Li and Justin D’Aloia
regarding production of additional
documents and confidentiality issues
(.4); review agenda of hearing set for
0.60 600.00
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Page 6
Matter #: 09955-00001
Invoice Number: 101-0000105304
los angeles | new york | san francisco | silicon valley | chicago | dc | london | mannheim | tokyo| hamburg | paris | munich
sydney | hong kong | houston | brussels | seattle | zurich | shanghai | stuttgart | perth | boston | salt lake city
June 25 in connection with disclosure
statement hearing (.2).
06/23/20 SL3 Emails with team, Weil and UCC re
documents production (0.4).
0.40 280.00
06/24/20 SL3 Emails with S. Kirpalani and J.
Nassiri re disclosure statement
hearing and pull related documents
(0.4).
0.40 280.00
06/24/20 SK2 Review disclosure statement reply
papers prepared by Weil (.9); corresp
w/S. Li re assistance w/hearing
tomorrow (.2).
1.10 1,754.50
06/25/20 JNA Review Deloitte and Landlord
opposition to adequacy of disclosure
statement (.6); review ad hoc lender
response in connection with same
(.3); review debtor reply (.4);
participate in hearing on approval of
disclosure statement (1.0); review
revised disclosure statement in
connection with same (.4); emails
with S. Li regarding deadline to file
pleading in support of plan
confirmation (.1).
2.80 2,800.00
06/25/20 SL3 Telephonically participate in
disclosure statement hearing and
emails with J. Nassiri re same (0.8).
0.80 560.00
06/25/20 SK2 Reviewing all papers filed in respect
of disclosure statement in
preparation for hearing (1.5); attend
disclosure statement hearing (1.5).
3.00 4,785.00
SUBTOTAL 57.20 64,170.50
JC03 Employment and Fee Applications
06/10/20 SL3 Prepare fee application (2.1). 2.10 1,470.00
06/12/20 SL3 Review Compensation Order. 0.10 70.00
06/17/20 SL3 Prepare fee application (1.1). 1.10 770.00
06/18/20 SL3 Prepare fee application (0.4). 0.40 280.00
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July 20, 2020
Page 7
Matter #: 09955-00001
Invoice Number: 101-0000105304
los angeles | new york | san francisco | silicon valley | chicago | dc | london | mannheim | tokyo| hamburg | paris | munich
sydney | hong kong | houston | brussels | seattle | zurich | shanghai | stuttgart | perth | boston | salt lake city
SUBTOTAL 3.70 2,590.00
Fee Summary
Attorneys Init. Title Hours Rate Amount
Susheel Kirpalani SK2 Partner 19.40 1,595.00 30,943.00
Eric M. Kay EMK Counsel 1.70 1,100.00 1,870.00
Daniel Holzman DH3 Counsel 2.00 1,015.00 2,030.00
Jennifer Nassiri JNA Counsel 14.90 1,000.00 14,900.00
Zachary Russell ZR1 Associate 7.90 825.00 6,517.50
Stella Li SL3 Associate 15.00 700.00 10,500.00
Expense Summary
Description Amount
Online Research 0.00
Litigation Support Costs
Hosting per GB - 6.25 87.50
Viewpoint User Fees 200.00
Total Expenses $287.50
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quinn emanuel trial lawyers quinn emanuel urquhart & sullivan, llp
LOS ANGELES | NEW YORK | SAN FRANCISCO | SILICON VALLEY |
CHICAGO | DC | LONDON | MANNHEIM | TOKYO| HAMBURG |
PARIS | MUNICH | SYDNEY | HONG KONG | HOUSTON | BOSTON |
BRUSSELS | SEATTLE | ZURICH | SHANGHAI |STUTTGART |PERTH |
SALT LAKE CITY |
los angeles | new york | san francisco | silicon valley | chicago | dc | london | mannheim | tokyo| hamburg | paris | munich
sydney | hong kong | houston | brussels | seattle | zurich | shanghai | stuttgart | perth | boston | salt lake city
Current Invoice Summary
Matter Name : Special Counsel to J. Crew
Matter #: 09955-00001
Bill Date: July 20, 2020
Invoice Number: 101-
0000105304
Total Fees ....................................................... $66,760.50
Expenses ............................................................ $287.50
Total Due this Invoice ....................................................... $67,048.00
Payment Due By August 24, 2020
Account Summary
Balance Due from Previous Statement(s) .................................................. $1,181,639.63
Total Balance Due .................................................. $1,248,687.63
Current Account Summary
Date Invoice No. Month of Service Amount Billed Payments Applied Outstanding Amount
06/18/20 101-
0000103972
May 2020 $56,354.00 $0.00 $56,354.00
06/18/20 101-
0000103974
May 2020 $1,125,285.63 $0.00 $1,125,285.63
07/20/20 101-
0000105304
June 2020 $67,048.00 $0.00 $67,048.00
Please reference invoice number and send check to:
Quinn Emanuel Urquhart & Sullivan, LLP
865 S. Figueroa St., 10th Floor
Los Angeles, CA 90017
Or Wire funds City National Bank
to: 555 South Flower St., 12th Floor
Los Angeles, CA 90071
Account Info: Quinn Emanuel Urquhart & Sullivan, LLP
Bank Account: Deposit Account #210032347
Bank ABA No.: 1220-16066
Swift Code: CINAUS6L
References: Invoice number and client name / matter number please
Tax ID# 95-4004138
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quinn emanuel trial lawyers quinn emanuel urquhart & sullivan, llp
LOS ANGELES | NEW YORK | SAN FRANCISCO | SILICON VALLEY |
CHICAGO | DC | LONDON | MANNHEIM | TOKYO| HAMBURG |
PARIS | MUNICH | SYDNEY | HONG KONG | HOUSTON | BOSTON |
BRUSSELS | SEATTLE | ZURICH | SHANGHAI |STUTTGART |PERTH |
SALT LAKE CITY |
los angeles | new york | san francisco | silicon valley | chicago | dc | london | mannheim | tokyo| hamburg | paris | munich
sydney | hong kong | houston | brussels | seattle | zurich | shanghai | stuttgart | perth | boston | salt lake city
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