period from june 1, 2016 through july 31, 2016 · 2016. 9. 7. · of phoenix brands llc, et al. for...
TRANSCRIPT
UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE
In re: ) Chapter 11
) PHOENIX BRANDS LLC, et al.,' ) Case No. 16-11242 (BLS)
) Debtors. )
) )
SUMMARY OF FIRST INTERIM APPLICATION OF SAUL EWING LLP, COUNSEL TO THE OFFICIAL COMMITTEE OF UNSECURED CREDITORS
OF PHOENIX BRANDS LLC, ET AL. FOR COMPENSATION AND
REIMBURSEMENT OF EXPENSES INCURRED FOR THE PERIOD FROM JUNE 1, 2016 THROUGH JULY 31, 2016
Name of Applicant: Saul Ewing LLP
Authorized to Provide Professional Services
to:
Official Committee of Unsecured Creditors of
Phoenix Brands LLC, et al.
Petition Date: May 19, 2016
Date of Retention: June 1, 2016
Date of Order Approving Retention: June 5, 2016 (effective June 1, 2016)
Period for which compensation and reimbursement is sought:
June 1, 2016 through July 31, 2016
Amount of Compensation sought as actual,
reasonable and necessary:
$366,054.00
Amount of Expense Reimbursement sought as actual, reasonable and necessary:
$2,711.43
This is a(n): Monthly X Interim Final application
Saul Ewing LLP intends to seek compensation in connection with the preparation of this
Application at a later date.
The Debtors, together with the last four digits of each Debtor's tax identification number, are: Phoenix Brands LLC, (4609), Phoenix Brands Parent LLC, (8729), Phoenix North LLC, (no EIN), Phoenix Brands Canada ULC (a Nova Scotia Company), Phoenix Brands Canada Laundry LLC (no EIN), and Phoenix RIT LLC (5149). The address of each of the Debtors is 1 Landmark Square, Suite 1810, Stamford, CT 06901, except Phoenix Brands Canada ULC, which is Box 50, 1 First Canadian Place, Toronto, Ontario, Canada
M5X 1B8.
(Jointly Administered) Obj, Deadline: September 28, 2016 at 4:00 p.m. Hearing Date: October 20, 2016 at 11:00 a.m.
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PRIOR APPLICATIONS
Requested Monthly Statements Certificate of No
Objection/ Signed Order
Application/ Dated Filed
Period Covered
Fees (100%)
Expenses Fees (80%) Expenses
First Monthly/ 8/18/16
6/1/2016 through 6/30/16
$225,048.50 $418.30 $180,038.80 $418.30 Application Pending
Second Monthly/ 8/26/16
7/1/16 through 7/31/16
$141,005.50 $2,293.13 $112,804.40 $2,293.13 Application Pending
Total $366,054.00 $2,711.43 8292,843.20 $2,711.43
SUMMARY OF PROFESSIONALS AND PARAPROFESSIONALS RENDERING SERVICES FROM JUNE 1, 2016 THROUGH JULY 31, 2016
Name of Professional Person
Date of Bar
Admission
Position with the Applicant and Number of Years in that Position
Hourly Billing Rate
Total Billed Hours
Total Compensation
Sharon L. Levine 1983 Partner (since 2016) $780 95.80 $74,724.00
Mark Minuti 1988 Partner (since 1997) $695 34.50 $23,977.50
Stephen B. Ravin 1977 Partner (since 2012) $595 1.40 $833.00
Eric L. Brossman 1978 Partner (since 2004) $640 0.30 $192.00
Adam H. Isenberg 1988 Partner (since 1999) $610 0.10 $61.00
Jeffrey C. Hampton 1990 Partner (since 1999) $610 0.20 $122.00
Teresa K.D. Currier 1992 Partner (since 2009) $690 7.90 $5,451.00
Dennis J. Brennan 1998 Partner (since 2009) $575 2.60 $1,495.00
Robyn F. Pollack 1997 Special Counsel (since 2016)
$495 171.60 $84,942.00
Lucian B. Murley 2005 Special Counsel (since 2015)
$450 237.40 $105,885.00
Monique B. DiSabatino 2008 Associate (since 2010) $380 2.60 $988.00
Dipesh Patel 2008 Associate (since 2012) $365 74.60 $27,229.00
Aaron S. Applebaum 2008 Associate (since 2015) $335 0.80 $268.00
Ryan B. White 2010 Associate (since 2013) $290 122.00 $35,104.50
Christina M. Carry N/A Paralegal $295 5.70 $1,681.50
Robyn E. Warren N/A Clerical $195 15.90 $3,100.50
TOTAL 773.40 $367,274.50
Minus 50% for Non-Working Travel ($1,220.50)
GRAND TOTAL 773.40 $366,054.00
Blended Hourly Rate: $473.30
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SUMMARY OF BLENDED HOURLY RATE FOR SERVICES RENDERED FROM JUNE 1, 2016 THROUGH JULY 31, 2016
Category of Timekeeper Blended Hourly Rate Billed This Application
Firm-Wide Range of Hourly Billing Rates
Senior Partners $748.29 $490 - $925
Junior Partners $0.00 $395 - $690
Special Counsel $467.03 $350 - $795
Senior Associates $0.00 $315 - $440
Junior Associates $317.95 $250 -$380
Paraprofessionals $0.00 $190 - $325
Other (Litigation, Support, Clerical)
$221.39 $125 - $350
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SUMMARY OF COMPENSATION BY PROJECT CATEGORY FOR PERIOD JUNE 1, 2016 THROUGH JULY 31, 2016
Project Category Total Hours Total Fees
Case Administration 85.70 $34,585.00
Asset Sales Use and Lease 208.00 $105,016.50
Cash Collateral and DIP Financing 142.20 $69,825.00
Claim Analysis Objections Proofs of Claim and Bar
Date
40.80 $19,898.00
Committee Matters 112.40 $55,896.50
Creditor Inquiries 6.20 $4,618.50
Executory Contracts and Unexpired Leases 13.50 $5,224.50
Fee Applications and Matters — Other 10.40 $3,707.00
Fee Applications and Matters — Saul Ewing 1.00 $468.00
Non-Working Travel 6.10 $2,441.00
Other Litigation Including Stay Relief 10.40 $4,860.00
Preparation For and Attendance at Hearing 33.80 $16,885.00
Retention Matters 34.10 $14,389.50
Secured Creditor Matters 43.70 $20,227.50
Statements and Schedules 17.80 $6,736.00
UST Reports, Meetings and Issues 7.30 $2,496.50
TOTAL 773.40 $367,274.50
Minus 50% for Non-Working Travel ($1,220.50)
GRAND TOTAL 773.40 $366,054.00
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SUMMARY OF EXPENSES FOR PERIOD JUNE 1, 2016 THROUGH JULY 31, 2016
Expense Category Service Provider (if applicable)
Total Expenses
Photocopying (3,765 pages @ $.10 per page)
$376.50
Postage $323.56
Filing Fees United States District Court (pro hac vice filing fees — Sharon
Levine and Dipesh Patel)
$50.00
Meals See attached chart $19.94
Messenger Service Parcels, Inc. $7.50
Research Wesilaw Legal Research $203.00
Search Fees CSC Corporation Service $1,016.60
Teleconferencing CourtCall (John Doyle) $37.00
Transcripts eScribers, LLC $182.70
Transportation See attached chart $494.63
TOTAL $2,711.43
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Provider
June
EXPENSE DETAIL 1, 2016 through July
ft of People
31, 2016
Description Amount Date
06/07/16 Amtrak (1) Sharon Levine Train from/to Newark, NJ to Wilmington, DE — hearing on DIP motion
$124.00
6/27/16 Parking (1) Ryan B. White Parking in Wilmington, DE
$15.00
6/27/16 Mileage (1) Ryan B. White Travel from Springfield, PA to Wilmington, DE
(43.27 miles)
$23.37
7/11/16 Cab Fare (1) Sharon Levine Penn Station (New York) to Morrison Cohen LLP's Offices
$13.56
7/11/16 Mileage (1) Sharon Levine Travel related to auction at Morrison Cohen LLP's Offices (26 miles)
$14.04
7/11/16 Mileage (1) Lucian Murley Travel related to auction at Morrison Cohen LLP's Offices (34 miles)
$18.36
7/11/16 Parking (1) Lucian Murley Parking in Philadelphia, PA
$28.00
7/11/16 Amtrak (1) Lucian Murley Travel from/to Philadelphia, PA to New York, New York
$230.00
7/11/16 NJ Transit (1) Sharon Levine Travel from/to Newark, NJ to New York, New York
$10.50
7/11/16 Subway (1) Lucian Murley Travel within New York City in connection with auction
$17.80
7/11/16 Saxby's Coffee (1) Lucian Murley Breakfast $4.54
7/11/16 Don Pepi Pizza/Hudson
News
(1) Lucian Murley Dinner $15.40
TOTAL $514.57
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Dated: September 7, 2016
SAUL EWING LLP
By: ark Minuti (DE Bar o. 26
Lucian B. Murley (DE Bar No. 4892) 1201 North Market Street, Suite 2300
P.O. Box 1266 Wilmington, DE 19899 Telephone: (302) 421-6840 Facsimile: (302) 421-5873 [email protected] [email protected]
-and
Sharon L. Levine Dipesh Patel One Riverfront Plaza 1037 Raymond Blvd., Suite 1520 Newark, NJ 07102-5426 Telephone: (973) 286-6713 Facsimile: (973) 286-6821 [email protected] [email protected]
Counsel to the Official Committee of Unsecured Creditors of Phoenix Brands LLC, et al.
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UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE
Chapter 11
Case No. 16-11242 (BLS)
In re: ) )
PHOENIX BRANDS LLC, et al,' )
) Debtors. ) (Jointly Administered)
) )
Hearing Date: October 20, 2016 at 11:00 a.m.
Obj, Deadline: September 28, 2016 at 4:00 p.m.
NOTICE OF FIRST INTERIM FEE APPLICATION OF SAUL EWING LLP
PLEASE TAKE NOTICE that on September 7, 2016, the First Interim Fee Application of Saul Ewing LLP ("Saul Ewing"), Counsel to the Official Committee of
Unsecured Creditors of Phoenix Brands LLC., et al. (the "Committee"), for Allowance of
Compensation and Reimbursement of Expenses for the Period from June 1, 2016 through July 31, 2016 (the "Application") was filed with the Court. The Application seeks the approval of payment for professional services rendered as counsel to the Committee in the amount of $366,054.00, together with reimbursement of disbursements in the amount of $2,711.43,
PLEASE TAKE FURTHER NOTICE that objections to the Application, if any, must be filed on or before September 28, 2016 at 4:00 p.m. (prevailing Eastern Time) (the "Objection Deadline") with the Clerk of the United States bankruptcy Court for the District of Delaware, 824 N. Market Street, 3rd Floor, Wilmington, DE 19801. You must also serve any such objection so as to be received by the following on or before the Objection Deadline: (i) counsel to the Official Committee of Unsecured Creditors (a) Saul Ewing LLP, 1201 North Market Street, Suite 2300, P.O. Box 1266, Wilmington, DE 19899 (Attn: Mark Minuti, Esq. and Lucian B. Murley, Esq.) and (b) Saul Ewing LLP, One Riverfront Plaza, 1037 Raymond Boulevard, Suite 1520, Newark, NJ 07102-5426 (Attn: Sharon L. Levine, Esq. and Dipesh Patel,
Esq.); (ii) the Debtors, Phoenix Brands LLC, el al., 1 Landmark Square #18, Stamford, CT
06901 (Attn: Bill Littlefield); (iii) counsel to the Debtors: (a) Morrison Cohen LLP, 909 Third Avenue, New York, NY 10022 (Attn: Joseph T. Moldovan, Esq. and Robert K. Dakis, Esq.) and (b) Pachulski Stang Ziehl &Jones LLP, 919 N. Market Street, 17th Floor, P.O. Box 8705, Wilmington, DE 19899-8705 (Attn: Laura Davis Jones, Esq. and Joseph M. Mulvihill, Esq.); (iv) the Office of the United States Trustee for the District of Delaware, 844 King Street, Suite 2207, Lockbox 35, Wilmington, DE 19801 (Attn: Hannah McCollum, Esq.); (v) agent for the Debtors' senior credit facility: (a) Madison Capital Funding, 30 S. Wacker Drive, Suite 3700, Chicago, IL 60606 (Attn: James Powell and Kevin Bolash) and (b) agent's counsel: (1) Goldberg Kohn Ltd., 55 E. Monroe, Suite 3300, Chicago, IL 60603 (Attn: Dimitri Karcazes, Esq. and Zach
The Debtors, together with the last four digits of each Debtor's tax identification number, are: Phoenix Brands LLC, (4609), Phoenix Brands Parent LLC, (8729), Phoenix North LLC, (no EIN), Phoenix Brands Canada ULC (a Nova Scotia Company), Phoenix Brands Canada Laundry LLC (no FIN), and Phoenix RIT LLC (5149). The address of each of the Debtors is l Landmark Square, Suite 1810, Stamford, CT 06901, except Phoenix Brands Canada ULC, which is Box 50, I First Canadian Place, Toronto, Ontario, Canada
M5X 1B8.
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Case 16-11242-BLS Doc 413-1 Filed 09/07/16 Page 1 of 2
Garrett, Esq.) and (2) Morris, Nichols, Arsht & Tunnell LLP, 1201 N. Market Street, 16th Floor, P.O. Box 1347, Wilmington, DE 19899-1347 (Attn: Robert Dehney, Esq. and Curtis Miller, Esq.); and (vi) holder of the Debtor's senior debt and of the Debtors' subordinated debt: Fifth Street Asset Management Inc., 777 W. Putnam Avenue, 3rd Floor, Greenwich, CT 06830 (Attn:
Brian Finkelstein, Michael Shannon, and Irene Chen).
PLEASE TAKE FURTHER NOTICE that a hearing with respect to the Application
will be held on October 20, 2016 at 11:00 a.m. before the Honorable Brendan L. Shannon,
United States Bankruptcy Court for the District of Delaware, at 824 Market Street, 6 th Floor,
Courtroom No. 1, Wilmington, DE 19801.
IF YOU FAIL TO RESPOND OR OBJECT IN ACCORDANCE WITH THIS NOTICE, THE COURT MAY GRANT THE RELIEF REQUESTED IN THE APPLICATION WITHOUT FURTHER NOTICE OR HEARING.
Dated: September 7, 2016
SAUL EWING LLP
By: ark Minuti (DE Bar 1o. 2659)
Lucian B. Murley (DE Bar No. 4892) 1201 North Market Street, Suite 2300
P.O. Box 1266 Wilmington, DE 19899 Telephone: (302) 421-6840 Facsimile: (302) 421-5873 [email protected] [email protected]
-and
Sharon L. Levine Dipesh Patel One Riverfront Plaza 1037 Raymond Blvd., Suite 1520 Newark, NJ 07102-5426 Telephone: (973) 286-6713 Facsimile: (973) 286-6821 [email protected] [email protected]
Counsel to the Official Committee of Unsecured Creditors of Phoenix Brands LLC, et al.
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Case 16-11242-BLS Doc 413-1 Filed 09/07/16 Page 2 of 2
UNITED STATES BANKRUPTCY COURT
FOR THE DISTRICT OF DELAWARE
In re: ) Chapter 11
PHOENIX BRANDS LLC, et aL, ) Case No. 16-11242 (BLS)
Debtors. ) (Jointly Administered)
CERTIFICATE OF SERVICE
I, Mark Minuti, hereby certify that on September 7, 2016, I caused a copy of the First
Interim Fee Application of Saul Ewing LLP, Counsel to the Official Committee of
Unsecured Creditors of Phoenix Brands LLC., et al., for Allowance of Compensation and
Reimbursement of Expenses for the Period from June 1, 2016 through July 31, 2016 to be
served on the parties on the attached service list in the manner indicated therein.
SAUL EWING LLP
By: Mark Minuti (DE Bar No. 2659)
1201 N. Market Street, Suite 2300
P. 0. Box 1266 Wilmington, DE 19899
(302) 421-6840
Dated: September 7,2016
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Case 16-11242-BLS Doc 413-2 Filed 09/07/16 Page 1 of 4
PHOENIX BRANDS LLC, et al.
Service List
Via Hand Delivery: Laura Davis Jones, Esquire
Joseph M. Mulvihill, Esquire
Pachulski Stang Ziehl & Jones LLP
919 N. Market Street, 17th Floor
P.O. Box 8705
Wilmington, DE 19899-8705
Hannah McCollum, Esquire
Office of the United States Trustee
for the District of Delaware
J. Caleb Boggs Federal Building
844 King Street, Suite 2007
Wilmington, DE 19801
Robert Dehney, Esquire
Curtis Miller, Esquire
Morris, Nichols, Arsht & Tunnell LLP
1201 N. Market Street, 16th Floor
P.O. Box 1347 Wilmington, DE 19899-1347
Via First Class Mail: Joseph T. Moldovan, Esquire
Robert K. Dakis, Esquire
Morrison Cohen LLP
909 Third Avenue
New York, NY 10022
Phoenix Brands LLC, et al.
Attn: Bill Littlefield
1 Landmark Square #18
Stamford, CT 06901
Madison Capital Funding
Attn: James Powell and Kevin Bolash
30 S. Wacker Drive, Suite 3700
Chicago, IL 60606
Fifth Street Asset Management Inc.
Attn: Brian Finkelstein, Michael Shannon,
and Irene Chen 777 W. Putnam Avenue, 3rd Floor
Greenwich, CT 06830
Dimitri Karcazes, Esquire
Zach Garrett, Esquire
Goldberg Kohn Ltd.
55 E. Monroe, Suite 3300
Chicago, IL 60603
Jeremy W. Ryan, Esquire
R. Stephen McNeill, Esquire
Potter Anderson & Corroon LLP
1313 N. Market Street, 6th Floor
P.O. Box 951 Wilmington, DE 19801
David M. Klauder, Esquire
Bielli & Klauder, LLC
1204 N. King Street
Wilmington, DE 19801
Domenic E. Pacitti, Esquire
Klehr Harrison Harvey Branzburg LLP
919 Market Street, Suite 1000
Wilmington, DE 19801-3062
Rachel B. Mersky, Esquire
Monzack Mersky McLaughlin & Browder
1201 N. Orange Street, Suite 400
Wilmington, DE 19801
Joseph H. Huston, Jr., Esquire
Stevens & Lee, P.C. 919 N. Market Street, Suite 1300
Wilmington, DE 19801
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Michael J. Barrie, Esquire
Kevin M. Capuzzi, Esquire
Benesch, Friedlander, CopIan
& Aronoff LLP 222 Delaware Avenue, Suite 801
Wilmington, DE 19801
Ellen Slights, Esquire
U.S. Attorney's Office
1007 N. Orange Street, Suite 700
P.O. Box 2046
Wilmington, DE 19899-2046
John T. Weber, Esquire
Kirkland & Ellis LLP
601 Lexington Avenue
New York, NY 10022-4611
Morton R. Branzburg, Esquire
Klehr Harrison Harvey Branzburg LLP
1835 Market Street
Philadelphia, PA 19103
Vadim J. Rubinstein, Esquire
Loeb & Loeb
345 Park Avenue
New York, NY 10154
Christopher Kelly, Esquire
Karl Block, Esquire
Loeb & Loeb 10100 Santa Monica Blvd.
Los Angeles, CA 90067
Kenneth Rosen, Esquire
Paul Kizel, Esquire
Nicole M. Brown, Esquire
Lowenstein Sandler LLP
65 Livingston Avenue
Roseland, NJ 07068
Vicente Matias Murrell, Esquire
Pension Benefit Guaranty Corporation
Office of the Chief Counsel
1200 K Street, N.W. Washington, D.C. 20005-4026
Edmond O'Brien, Esquire
Stempel Bennett Claman & Hochberg, PC
675 Third Avenue, 31st Floor
New York, NY 10017
Jeffrey W. Levitan, Esquire
Scott K. Rutsky, Esquire
Proskauer Rose LLP
Eleven Times Square
New York, NY 10036
Lincolnshire Management, Inc.
Attn: President or Legal Department
780 Third Avenue, 40th Floor
New York, NY 10017
Akzo Nobel Surface Chemistry LLC
Attn: Keith Porapaiboon
525 W. Van Buren
Chicago, IL 60640
Berry Plastics Corporation
Attn: Tammy Alstadt
101 Oakley Street
Evansville, IN 47710
DS Containers, Inc.
Attn: Mark J. Baiocchi
1789 Hubbard Avenue
Batavia, IL 60510
International Paper
Attn: Mark Wilkund
1740 International Drive
Memphis, TN 38197
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XPO Logistics Worldwide, LLC
Attn: Richard EF Valitutto
4035 Piedmont Pkwy
High Point, NC 27265
Internal Revenue Service
Centralized Insolvency Operation
P.O. Box 7346
Philadelphia, PA 19101-7346
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