Winston & Strawn Rates and Fee Application
Winston & Strawn Rates and Fee Application
Winston & Strawn Rates and Fee Application
:
IN RE: : Chapter 11
:
PADDOCK ENTERPRISES, LLC, : Case No. 20-10028 (LSS)
:
Debtor.1 : Objection Deadline: October 13, 2020 at 4:00 p.m.
: Hearing Date: Only if Objections are Filed
:
Period for which Compensation and February 5, 2020 through June 30, 2020
Reimbursement are sought:
This Application includes 107.8 hours and $93,632.00 in fees incurred in connection with the
preparation of fee applications.
1
The last four digits of the Debtor’s federal tax identification number are 0822. The Debtor’s mailing address is
One Michael Owens Way, Perrysburg, Ohio 43551.
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Case 20-10028-LSS Doc 520 Filed 09/23/20 Page 2 of 10
SUMMARY OF APPLICATIONS
COMPENSATION BY INDIVIDUAL
Hourly Total
Name of Year Total
Position Department Billing Hours
Professional Admitted Compensation
Rate Billed
David Neier Partner Bankruptcy 1986 $1,285.00 44.2 $56,797.00
David Neier - Travel Partner Bankruptcy 1986 $642.50 3.2 $2,056.00
Suzanne Jaffe
Partner Litigation 1989 $1,195.00 40.7 $48,636.50
Bloom
George Mastoris Partner Litigation 2004 $1,125.00 21.6 $24,300.00
Carrie V. Hardman Partner Bankruptcy 2010 $930.00 105.8 $98,394.00
Carrie V. Hardman -
Partner Bankruptcy 2010 $465.00 8.9 $4,138.50
Travel
Cristina Calvar Associate Litigation 2014 $885.00 8.0 $7,080.00
Michael Leary Associate Bankruptcy 2017 $660.00 1.6 $1,056.00
Frank Restagno Associate Litigation 2015 $810.00 4.9 $3,969.00
Samantha
Associate Bankruptcy 2017 $660.00 25.9 $17,094.00
Ruppenthal
Denise Cunsolo Paralegal Bankruptcy N/A $350.00 116.3 $40,705.00
Rachel Benjamin Paralegal Litigation N/A $300.00 0.4 $120.00
TOTALS 381.5 $304,346.00
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Case 20-10028-LSS Doc 520 Filed 09/23/20 Page 3 of 10
EXPENSE SUMMARY
Category Amount
Lodging $836.84
Travel - Long Distance Transportation $294.11
Travel - Local Transportation $149.00
Business Meals $70.30
Court Costs and Fees $610.50
TOTAL $1,960.75
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Case 20-10028-LSS Doc 520 Filed 09/23/20 Page 4 of 10
:
IN RE: : Chapter 11
:
PADDOCK ENTERPRISES, LLC, : Case No. 20-10028 (LSS)
:
Debtor.1 : Objection Deadline: October 13, 2020 at 4:00 p.m.
: Hearing Date: Only if Objections are Filed
:
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 Procedure, Rule 2016-2 of the Local
Rules of Bankruptcy Practice and Procedure of the United States Bankruptcy Court for the
District of Delaware (the “Local Rules”), and the Order (I) Establishing Procedures for Interim
Relief (the “Interim Compensation Order”) [D.I. 94], the law firm of Winston & Strawn, LLP
(“Winston”) hereby submits this first monthly application (“Application”) for allowance of
compensation for professional legal services rendered as counsel to the Official Committee of
Asbestos Personal Injury Claimants (the “Committee” or “ACC”) of the Debtors, in the amount
of $304,346.00 together with reimbursement of actual and necessary expenses incurred in the
amount of $1,960.75, for the period commencing February 5, 2020, through June 30, 2020 (the
1
The last four digits of the Debtor’s federal tax identification number are 0822. The Debtor’s mailing address is
One Michael Owens Way, Perrysburg, Ohio 43551.
{C1129011.1 }
Case 20-10028-LSS Doc 520 Filed 09/23/20 Page 5 of 10
1. This Court has subject-matter jurisdiction to hear and determine this Application
under 28 U.S.C. §§ 157 and 1334, and the Amended Standing Order of Reference from the United
States District Court for the District of Delaware dated as of February 29, 2012. This is a core
proceeding under 28 U.S.C. § 157(b), and this Court has constitutional authority to hear and decide
this Application. Venue is proper in this Court under 28 U.S.C. §§ 1408 and 1409.
2. The legal authorities supporting the relief sought herein are §§ 330, 331, 503(b)(2),
and 507(a)(2) of the Bankruptcy Code, Rule 2016 of the Federal Rules of Bankruptcy Procedure,
BACKGROUND
3. On January 6, 2020, the Debtor filed a petition for relief under chapter 11 of the
Bankruptcy Code, commencing the above-captioned chapter 11 case (the “Chapter 11 Case”).
4. On January 16, 2020, the Office of the United States Trustee for Region 3 notified
the Court that, pursuant to 11 U.S.C. § 1102, it had appointed the Committee. [D.I. 47]. All of the
Committee’s members are individuals who hold unsecured claims against the Debtor for personal
injury or wrongful death resulting from exposure to asbestos or asbestos-containing products, and
the Committee represents only the interests of those current claimants holding asbestos personal
injury claims against the Debtor. On February 5, 2020, the Committee selected Winston to serve
5. On March 3, 2020, the Committee filed the Application for Entry of Order
Authorizing the Retention and Employment of Winston & Strawn, LLP as Special Litigation and
Corporate Counsel for the Official Committee of Asbestos Personal Injury Claimants nunc pro
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Case 20-10028-LSS Doc 520 Filed 09/23/20 Page 6 of 10
6. On June 17, 2020, this Court entered its Order Authorizing the Retention and
Employment of Winston & Strawn, LLP, as the Special Litigation and Corporate Counsel to the
Official Committee of Asbestos Personal Injury Claimants’ nunc pro tunc to February 5, 2020
[D.I. 371].
Winston’s fees incurred during the Fee Period. Winston rendered 381.5 hours of professional
8. The services rendered by Winston during the Fee Period are grouped into categories
set forth in Exhibit A. The statement complies with the requirements set forth in Rule 2016 of the
Federal Rules of Bankruptcy Procedure, Local Rule 2016-2, the Guidelines adopted by the U.S.
Trustee, and the Interim Compensation Order, including through the use of itemized time entries
and separate matter numbers for different project types, as hereinafter described in greater detail.
All services for which compensation is requested by Winston were performed for and on behalf of
the Committee.
expenses incurred during the Fee Period. Winston requests reimbursement for actual and necessary
10. Pursuant to the Local Rules, Winston represents that it charges $0.10 per page for
copies. Winston passes through on an exact cost basis all computer-assisted research charges.
11. During the Fee Period, Winston received no payment and no promises of payment
from any source for services rendered or to be rendered in any capacity whatsoever with respect
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Case 20-10028-LSS Doc 520 Filed 09/23/20 Page 7 of 10
Winston and any other person, other than the members of Winston, for the sharing of compensation
12. The fees charged by Winston in this Chapter 11 Case are billed in accordance with
its existing billing rates and procedures in effect during the Fee Period. The rates Winston charges
for services rendered by its professionals and paraprofessionals in this Chapter 11 Case are no
greater than the rates that Winston charges for professional and paraprofessional services rendered
in comparable non-bankruptcy related matters. The billing rates are reasonable based on the
VALUATION OF SERVICES
13. Winston rendered 381.5 hours of professional services during the Fee Period.
14. The attorneys and paraprofessionals who rendered services are identified and the
total compensation sought for each category are included in Exhibit A, attached hereto. The hourly
rates set forth therein are Winston’s normal hourly rates of compensation for work of this character.
The reasonable value of the services rendered by Winston during the Fee Period is $304,346.00.
15. Winston believes that the time and expense entries included in Exhibit A attached
hereto are in compliance with the requirements of Del. Bankr. L.R. 2016-2.
16. The professional services performed by Winston were necessary and appropriate to
the administration of this Chapter 11 Case. Compensation for these services as requested is
commensurate with the complexity, importance, and nature of the problems, issues, or tasks
involved.
17. To the extent time for services rendered or expenses incurred during the Fee Period
were not processed prior to the preparation of this Application, or to the extent Winston has, for
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Case 20-10028-LSS Doc 520 Filed 09/23/20 Page 8 of 10
any other reason, not sought compensation or reimbursement of expenses herein with respect to
any services rendered or expenses incurred during the Fee Period, Winston reserves the right to
request additional compensation for such services and reimbursement of such expenses in a future
application.
CONCLUSION
WHEREFORE, Winston respectfully requests that the Court enter an Order (a) approving
this Application and allowing on an interim basis Winston’s request for $245,437.55,
representing 80% of the total amount of fees and 100% of the expenses incurred during the Fee
Period; and (b) granting such other and further relief as the Court deems just and proper.
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Case 20-10028-LSS Doc 520 Filed 09/23/20 Page 9 of 10
:
IN RE: : Chapter 11
:
PADDOCK ENTERPRISES, LLC, : Case No. 20-10028 (LSS)
:
Debtor.1 :
:
:
DECLARATION
1. I am a partner in the applicant firm, Winston & Strawn, LLP (“Winston”), and
have been admitted to the Bar of the State of New York since 2010. I make this certification in
accordance with Local Rule 2016-2 of the Local Rules of Bankruptcy Practice and Procedure of
the United States Bankruptcy Court for the District of Delaware (the “Local Rules”).
the Official Committee of Asbestos Personal Injury Claimants in connection with this chapter
11 case, and am familiar with all other work performed on behalf of the lawyers and
paraprofessionals at Winston.
3. The facts set forth in the foregoing Application are true and correct to the best of
my knowledge, information and belief. Moreover, I have reviewed Local Rule 2016-2, and, to
the best of my knowledge, information and belief formed upon the basis of my participation in
1
The last four digits of the Debtor’s federal tax identification number are 0822. The Debtor’s mailing address is
One Michael Owens Way, Perrysburg, Ohio 43551.
Case 20-10028-LSS Doc 520 Filed 09/23/20 Page 10 of 10
these cases, as well as after reasonable inquiry, the facts set forth in the Application materially
comply with the provisions of the Local Rules, the Bankruptcy Code, and this Court’s orders.
I declare under penalty of perjury that the forgoing is true and correct.
{C1129011.1 } 2
Case 20-10028-LSS Doc 520-1 Filed 09/23/20 Page 1 of 2
:
IN RE: : Chapter 11
:
PADDOCK ENTERPRISES, LLC, : Case No. 20-10028 (LSS)
:
Debtor.1 : Objection Deadline: October 13, 2020 at 4:00 p.m.
: Hearing Date: Only if Objections are Filed
:
PLEASE TAKE NOTICE that, on September 23, 2020, Winston & Strawn LLP
(“Winston”) filed the First Monthly Application of Winston & Strawn, LLP for Allowance of
Compensation and Reimbursement of Expenses With Respect to Services Rendered as Special
Litigation and Corporate Counsel to the Official Committee of Asbestos Personal Injury
Claimants for the Period February 5, 2020, Through June 30, 2020 (the “Application”).
PLEASE TAKE FURTHER NOTICE that objections, if any, to the Application are
required to be filed with the Clerk of the United States Bankruptcy Court for the District of
Delaware, 824 North Market Street, 3rd Floor, Wilmington, Delaware 19801, and served on the
following, so as to be received no later than 4:00 p.m. (prevailing Eastern Time) on October 13,
2020 (the “Objection Deadline”): (i) Paddock Enterprises, LLC, One Michael Owens Way,
Perrysburg, OH 43551-2999, Attn: David J. Gordon ([email protected]); (ii) Latham
& Watkins LLP, 355 South Grand Avenue, Suite 100, Los Angeles, California 90071, Attn:
Kimberly A. Posin, Esq. and Lisa K. Lansio, Esq. ([email protected], [email protected]); (iii)
Richards, Layton & Finger, P.A., One Rodney Square, 920 North King Street, Wilmington,
Delaware, 19801, Attn: John H. Knight, Esq. and Michael J. Merchant, Esq. ([email protected],
[email protected]); (iv) Young Conaway Stargatt & Taylor, LLP, Rodney Square, 1000 North
King Street, Wilmington, Delaware 19801, Attn: Edwin Harron, Esq. and Robert Brady, Esq.
([email protected], [email protected]); (v) the Office of the U.S. Trustee, 844 King Street, Suite
2207, Lockbox 35, Wilmington, Delaware 19801, Attn: Richard Schepacarter, Esq.
([email protected]); (vi) counsel to the ACC, Caplin & Drysdale, Chartered, One
Thomas Circle, NW, Suite 1100, Washington, D.C. 20005, Attn: Kevin C. Maclay, Esq., Ann C.
McMillan, Esq., Todd E. Phillips, Esq., and James P. Wehner, Esq. ([email protected],
[email protected], [email protected], [email protected]); (vii) special counsel
to the ACC, Winston & Strawn LLP, 200 Park Avenue, New York, NY 10166, Attn: David Neier
and Carrie V. Hardman ([email protected], [email protected]); and (vii) any fee
examiner appointed in the Chapter 11 Case.
1
The last four digits of the Debtor’s federal tax identification number are 0822. The Debtor’s mailing address is
One Michael Owens Way, Perrysburg, Ohio 43551.
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Case 20-10028-LSS Doc 520-1 Filed 09/23/20 Page 2 of 2
PLEASE TAKE FURTHER NOTICE that, pursuant to the Interim Compensation Order,
if no objections are filed and served in accordance with the above procedure, the Debtor will be
authorized to pay 80% of the requested fees and 100% of the requested expenses without further
order of the Court.
PLEASE TAKE FURTHER NOTICE that a hearing to consider the Application will be
held, only if an objection is timely filed, or if the Court directs otherwise, at a date and time to be
scheduled before the Honorable Laurie Selber Silverstein, U.S. Bankruptcy Judge, United States
Bankruptcy Court for the District of Delaware, 824 North Market Street, 6th Floor, Courtroom
No. 2, Wilmington, Delaware 19801.
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Case 20-10028-LSS Doc 520-2 Filed 09/23/20 Page 1 of 47
EXHIBIT A
Case 20-10028-LSS Doc 520-2 Filed 09/23/20 Page 2 of 47
Official Committee of Asbestos PI Claimants of Paddock Enterprises LLC Invoice No. 2752456
Lisa Nathanson Busch, Chair Invoice Date 07/23/20
Weitz & Luxenberg P.C. Client Matter No. 087749
700 Broadway
New York
, NY 10003
96,762.50 0.00
Total Fees and Expenses 96,762.50
Case 20-10028-LSS Doc 520-2 Filed 09/23/20 Page 3 of 47
Official Committee of Asbestos PI Claimants of Paddock Enterprises LLC Invoice No. 2752457
Lisa Nathanson Busch, Chair Invoice Date 07/23/20
Weitz & Luxenberg P.C. Client Matter No. 087749
700 Broadway
New York
, NY 10003
77,612.50 1,350.25
Total Fees and Expenses 78,962.75
Case 20-10028-LSS Doc 520-2 Filed 09/23/20 Page 13 of 47
USA --
Official Committee of Asbestos PI Claimants of Paddock Enterprises LLC Invoice No. 2752454
Lisa Nathanson Busch, Chair Invoice Date 07/23/20
Weitz & Luxenberg P.C. Client Matter No. 087749
700 Broadway
New York
, NY 10003
28,487.50 27.75
Total Fees and Expenses 28,515.25
Case 20-10028-LSS Doc 520-2 Filed 09/23/20 Page 27 of 47
Official Committee of Asbestos PI Claimants of Paddock Enterprises LLC Invoice No. 2752455
Lisa Nathanson Busch, Chair Invoice Date 07/23/20
Weitz & Luxenberg P.C. Client Matter No. 087749
700 Broadway
New York
, NY 10003
81,079.50 462.75
Total Fees and Expenses 81,542.25
Case 20-10028-LSS Doc 520-2 Filed 09/23/20 Page 37 of 47
:
IN RE: : Chapter 11
:
PADDOCK ENTERPRISES, LLC, : Case No. 20-10028 (LSS)
:
Debtor. :
CERTIFICATE OF SERVICE
I, Mark T. Hurford, of Campbell & Levine, LLC, hereby certify that on this date I caused a
copy of the foregoing to be served upon the individuals listed below via email only:
Richards, Layton & Finger, P.A., Young Conaway Stargatt & Taylor, LLP
Attn: John H. Knight and Michael J. Merchant Attn: Edwin Harron and Robert Brady
Emails: [email protected]; [email protected] Emails: [email protected]; [email protected]
{C1129004.1 }