WHITE CASE LLP - kccllc.net

WHITE & CASE LLP 1221 A venue of the Americas New York, New York 10020 Telephone: (212) 819-8200 Facsimile: (212) 354-8113 Michael W. Smith Richard A. Graham

Special Counsel to Debtors and Debtors in Possession

UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF NEW YORK ---------------------------------------------------------------x

In re

WA YPOINT LEASING HOLDINGS LTD., et al.,

Debtors.1

---------------------------------------------------------------x

Chapter 11

Case No. 18-13648 (SMB)

(Jointly Administered)

MONTHLY FEE ST A TEMENT OF WHITE & CASE LLP, SPECIAL COUNSEL TO THE DEBTORS, FOR THE

PERIOD JULY 1, 2019 THROUGH AND INCLUDING JULY 31, 2019

TO THE HONORABLE STUART M. BERNSTEIN, UNITED STA TES BANKRUPTCY JUDGE:

Pursuant to paragraph 2 of the Order Pursuant to 11 US.C. 105(a) and 331 Establishing

Procedures for Interim Compensation and Reimbursement of Expenses of Professionals [ECF

No. 250] (hereinafter the "Interim Compensation Procedures Order") issued by this Court on

January 11, 2019, White & Case LLP ("White & Case"), special counsel to the Debtors in the

above-captioned chapter 11 proceedings, hereby submits its consolidated monthly fee statement

for the period beginning July 1, 2019, through and including July 31, 2019 (the "Fee Period").

1 A list of the Debtors in these chapter 11 cases, along with the last four digits of each Debtor's federal tax identification number, is attached hereto as Exhibit A.

18-13648-smb Doc 932 Filed 08/28/19 Entered 08/28/19 10:17:03 Main Document Pg 1 of 3

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1813648190828000000000001

Docket #0932 Date Filed: 08/28/2019

During the Fee Period, the fees for the services rendered by White & Case were $37,215.50, and

White & Case incurred expenses in the amount of $382.77.

Contemporaneous time entries for the services provided, together with a list of the

individuals who provided services and their respective titles,2 during the period covered by this

statement are attached hereto as Exhibit B.

Total Fees $0.00

Asset Disposition

Total Fees $8,376.00

Employment and Fee Applications


·Financing

$0.00


Total Disbursements $382.72

Total Fees and Disbursements $37,598.22

2 Individuals with a designation of"Level _ " are associates at White & Case.


Pursuant to the lnterirn Compensation Procedures Order, White & Case hereby requests

that the Debtors promptly pay eighty percent (80%) of the fees earned ($29,772.40) and one

hundred percent (100%) of the expenses incurred ($382.72) by White & Case during the Fee

Period, for a total of $30, 155.12.

Dated: August 28, 2019

Respectfully submitted,

Michael W. Smith, Esq. White & Case LLP 1221 Avenue of the Americas New York, NY 10020 Telephone: (212) 819-8200 Email: [email protected]


EXHIBIT A

Debtor Last4 Debtor Last4 Digits of Digits of TaxID Tax ID

Number Number

Waypoint Leasing Holdings Ltd. 2899 AE Helicopter (5) Limited NIA

Waypoint Leasing (Luxembourg) 7041 AE Helicopter (6) Limited NIA S.a r.l. Waypoint Leasing (Ireland) 6600 MSN 31141 Trust NIA Limited Waypoint Asset Co 10 Limited 2503 MSN 31492 Trust NIA

MSN 2826 Trust NIA MSN 36458 Trust NIA


Waypoint Asset Co 11 Limited 3073 MSN 760551 Trust NIA






Waypoint 760626 Business Trust NIA MSN 920062 Trust NIA


MSN 7172 Trust NIA MSN9229AS NIA

Waypoint Asset Funding 3 LLC 4960 Waypoint Asset Co 3A Limited 6687

Waypoint Asset Malta Ltd 5348 MSN 41371 Trust NIA

Waypoint Leasing Labuan 3A 8120 Waypoint Asset Euro lA Limited 9804 Limited Waypoint Leasing UK 3A Limited 0702 MSN 4469 Trust NIA


18-13648-smb Doc 932-1 Filed 08/28/19 Entered 08/28/19 10:17:03 Exhibit A Pg 1 of 3

Debtor Last4 Debtor Last4 Digits of Digits of Tax ID TaxID

Number Number

Waypoint Asset Co 5 Limited 7128 Waypoint Asset Funding 6 LLC 4964

MSN 14786 Trust NIA Waypoint Asset Co 7 Limited 9689

MSN 2047 Trust NIA Waypoint Asset Euro 7 A Limited 2406

MSN 2057 Trust NIA Waypoint Asset Co 8 Limited 2532

Waypoint Asset Co SB Limited 2242 MSN 31041 Trust NIA

Waypoint Leasing UK SA Limited 1970 MSN 31203 Trust NIA






Waypoint Asset Funding 8 LLC 4776 MSN 920063 Trust NIA

Waypoint Leasing UK 8A Limited 2906 MSN 920112 Trust NIA

Waypoint Leasing US 8A LLC 8080 Waypoint 206 Trust NIA

Waypoint Asset Company 6861 Waypoint 407 Trust NIA Number 1 (Ireland) Limited Waypoint Asset Euro ID Limited 1360 Waypoint Asset Euro 1 B Limited 3512

Waypoint Asset Co 1 L Limited 2360 Waypoint Asset Euro l C Limited 1060

Waypoint Asset Co IM Limited 5855 MSN 20012 Trust NIA

Waypoint Asset Co IN Limited 3701 MSN 20022 Trust NIA

Waypoint Asset Euro l G Limited 4786 MSN 20025 Trust NIA

Waypoint Asset Funding 1 LLC 7392 MSN 920113 Trust NIA


Debtor Last4 Debtor Last4 Digits of . Digits of Tax ID Tax.ID Number Number

.

Waypoint Leasing UK 1 B Limited 0592 Waypoint Leasing Labuan IA 2299 Limited

Waypoint Leasing UK 1 C Limited 0840 Waypoint Asset Co lC Limited 0827

Waypoint Asset Company 7847 Waypoint Asset Co 10 Limited 7018 Number 2 (Ireland) Limited Waypoint 2916 Business Trust NIA Waypoint Asset Co lF Limited 6345

Waypoint Asset Funding 2 LLC 7783 Waypoint Asset Co lG Limited 6494

Waypoint Asset Co lK Limited 2087 Waypoint Asset Co lH Limited 7349

Waypoint Leasing Services LLC 8965 Waypoint Asset Co 1J Limited 7729

Waypoint Leasing (Luxembourg) 8928 MSN 20159 Trust NIA Euro S.a r.l. Waypoint Asset Co Germany 5557 Limited MSN 31046 Trust NIA

MSN 41511 Trust NIA

MSN 760608 Trust NIA

MSN 89007 Trust NIA






MSN 9205 Trust I NIA

MSN 9229 Trust NIA

Waypoint Asset Co lA Limited 1208


EXHIBIT B

DETAILED TIME ENTRIES

18-13648-smb Doc 932-2 Filed 08/28/19 Entered 08/28/19 10:17:03 Exhibit B Pg 1 of 7

Waypoint Leasing (Ireland) Ltd.8 RiverpointBishops Quay V94 WC6ALimerick,Ireland

Todd K. Wolynski

RE: Project Whiskey INVOICE NUMBER: 1100-19-04999

OUR REF: 1147938-0002 INVOICE DATE: 27 August 2019

For professional services for the period 1 July 2019 through 31 July 2019

USD

TOTAL PROFESSIONAL FEES: 37,215.50

COSTS AND DISBURSEMENTS: 382.72

TOTAL DUE: 37,598.22

PAYMENT INSTRUCTIONS. Wire or ACH payment should be made to the account of White & Case LLP using the

following indications:

Currency: USD SWIFT/BIC: CHASUS33Bank Name: JPMorgan ChaseAccount Number: 301177137265ABA Number: 021000021

Please quote invoice number 1100-19-04999 in payment details. Alternatively, payment can be made via check to “White & Case LLP” as payee, referencing 1147938-0002 to our remittance address: White & Case LLP, 23802 Network Place, Chicago, IL 60673-1238.


RE: Project Whiskey OUR REF: 1147938-0002

Page 2 of 6

For professional services for the period 1 July 2019 through 31 July 2019

Summary of Services By Code

PHASE Description HOURS AMOUNT

ASSETDISPO Asset Disposition 10.80 8,376.00

EMP_FEEAPP Employee and Fee Applications 38.10 28,839.50

Grand Total: 48.90 37,215.50



Page 3 of 6

DATE DESCRIPTION TIMEKEEPER HOURS

8 July 2019 Review supplemental disclosure. R Graham 0.90

8 July 2019 Review samples of supplemental disclosures (0.3); Draft supplemental affidavit re: disclosures (2.2); Confer with R. Graham re: supplemental affidavit (0.1); Review June proforma and send related correspondence to M. Smith and S. Lang (0.7); Revise supplemental affidavit (0.2).

A Foreman 3.50

9 July 2019 Numerous discussions regarding supplemental disclosure affidavit (.60); review June fee application (.20).

M Smith 0.80

9 July 2019 Research disclosure issues (1.6); confer with M. Smith re same (.4); confer with R. Kebrdle re same (.2); confer with A. Foreman re same (.1).

R Graham 2.30

9 July 2019 Revise supplemental disclosure (1.0); Confer with R. Graham re: amending the supplemental disclosure (0.1); Confer with M. Smith re: June proforma and update on supplemental disclosure (0.1); Review proforma (0.4).

A Foreman 1.60


10 July 2019 Board meeting call organised by Weil with regard to wind down initiation of the foreign subsidiaries.

B Geh 1.00

10 July 2019 Review billing entries and send fee update to FTI-Consulting. J Kaplan 0.60

10 July 2019 Amend the supplemental disclosure affidavit and send related correspondence to M. Smith, R. Kebrdle, and R. Graham.

A Foreman 0.50

11 July 2019 Review supplement and disclosure affidavit and make revisions (.30); meet with A. Foreman to discuss and sign original application (.20).

M Smith 0.50


11 July 2019 Revise supplemental declaration (0.3); meet with M. Smith to discuss and sign the application (0.2).

A Foreman 0.50

12 July 2019 Research re: requirement of filing financial statements and impact of winding up (2.0); drafting responses (1.5); discussion with N Mao (0.5).

B Geh 4.00

12 July 2019 Advising on audit requirements with B. Geh. N Mao 0.50

12 July 2019 Send correspondence to W&C team re: filing the supplemental disclosure affidavit.

A Foreman 0.20

12 July 2019 File supplemental disclosure affidavit (0.5); complete mail service of supplemental disclosure affidavit (0.7).

K Pan 1.20

15 July 2019 Research re: exemption of filing financial statements (1.5); amending draft email (0.5).

B Geh 2.00

15 July 2019 Review and respond to emails from Weil re: filing of financial statements. B Geh 1.00

17 July 2019 Confer with T. Wolynski re Heli One purported administrative claim (.2); review email from T. Wolynski re same (.2).

R Graham 0.40



Page 4 of 6


17 July 2019 Prepare the June fee statement and send related correspondence to S. Lang.

A Foreman 0.20

22 July 2019 Telephone call with R. Graham regarding request from CHC counsel to unredact certain materials filed with court and related correspondence.

M Smith 0.30

22 July 2019 Exchange email with T. Wolynski and J. Ball re CHC request to share settlement agreement (0.2); confer with M. Smith and T. Wolynski re same (0.3).

R Graham 0.50

23 July 2019 Review docket re: confirmation and interim fee hearing. A Foreman 0.50

24 July 2019 Review billing records and prepare update for FTI Consulting. J Kaplan 0.40

24 July 2019 Review and revise June fee statement and invoice letter (0.2); Send correspondence to M. Smith re: fee statement (0.1).

A Foreman 0.30

25 July 2019 Review and sign fee application for June; meeting with A. Foreman. M Smith 0.30

25 July 2019 Confer with A. Foreman re final fee application; exchange email with M. Smith re same.

R Graham 0.20

25 July 2019 Draft invoice letter (0.3); Review docket for plan information re: final fee applications (0.1).

A Foreman 0.40

25 July 2019 File and serve June Fee Statement per A. Foreman. K Pan 1.20

26 July 2019 Review closing sets for specific aircraft information based on request from Wells Fargo Trust Company.

J Kaplan 0.40

26 July 2019 Draft and file affidavit of service. K Pan 0.30

29 July 2019 Correspondence with B. Podzius at Weil regarding winding up of appointment as special counsel.

M Smith 0.30

29 July 2019 Prepare final fee application. A Foreman 3.60

30 July 2019 Telephone call with U.S. Trustee regarding fee application (0.3); related discussions with R. Graham and A. Foreman (0.8); review comments and questions from US Trustee (0.4).

M Smith 1.50

30 July 2019 Confer with M. Smith (.2) and A. Foreman (.1) re fee application; joint conference with M. Smith and A. Foreman re UST comments to fee application (.8).

R Graham 1.10

30 July 2019 Further review of closing documents for specific aircraft closing information based on Wells Fargo request.

J Kaplan 0.40

30 July 2019 Prepare final fee application (0.5); call with UST and M. Smith re: fees (0.2); Confer with R. Graham and M. Smith re: UST informal objection (0.8).

A Foreman 1.50

31 July 2019 Begin review of inquiries from US Trustee's office. M Smith 2.30

31 July 2019 Confer with M. Smith and A. Foreman (1.7) re fee application; confer and R Graham 2.30



Page 5 of 6


exchange email with A. Foreman re same (.5); confer with R. Kebrdle re same (.1).

31 July 2019 Send fee and expense update to FTI consulting. J Kaplan 0.10

31 July 2019 Review closing documentation and coordinate with team regarding closing sets based on Wells Fargo request.

J Kaplan 0.30

31 July 2019 Review UST informal objection and prepare responses (1.6); Meet with M. Smith and R. Graham re: same (1.5); Review time records and receipts for response to UST objection (2.4).

A Foreman 5.50

31 July 2019 Review time entry discrepancies per A. Foreman (1.0); review expense submissions (2.1).

H Kim 3.10

TOTAL 48.90



Page 6 of 6

TIMEKEEPER SUMMARY TITLE HOURS RATE USD

M Smith Partner 6.00 1,245.00 7,470.00

R Graham Counsel 8.10 995.00 8,059.50

B Geh Level 4 8.00 740.00 5,920.00

J Kaplan Level 3 2.20 770.00 1,694.00

N Mao Level 3 0.50 680.00 340.00

A Foreman Level 2 18.30 650.00 11,895.00

H Kim Legal Assistant 3.10 340.00 1,054.00

K Pan Legal Assistant 2.70 290.00 783.00

TOTAL 48.90 37,215.50

DISBURSEMENT SUMMARY USD

Courier Service 57.70

Express Mail 237.12

Photocopying 87.90

TOTAL 382.72


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WHITE CASE LLP - kccllc.net