EUGENE WEDOFF, Bankruptcy Judge
TOTAL FEES REQUESTED: $483,529.50 TOTAL COSTS REQUESTED: $9,584.72 TOTAL FEES REDUCED: $10,148.70 TOTAL COSTS REDUCED: $3,435.75 TOTAL FEES ALLOWED: $473,380.80 TOTAL COSTS ALLOWED: $6,148.97
TOTAL FEES AND COSTS ALLOWED: $479,529.77
The attached time and expense entries have been underlined to reflect disallowance in whole or in part. The basis for each disallowance is reflected by numerical notations that appear on the left of each underlined entry. The numerical notations correspond to the enumerated paragraphs below.
(4) Insufficient Description
The Court denies the allowance of compensation for the following task since the description of the time entry fails to identify in a reasonable manner the service rendered. In re Pettibone, 74 B.R. 293, 301 (Bankr. N.D. Ill. 1987) ("A proper fee application must list each activity, its date, the attorney who performed the work, a description of the nature and substance of the work performed, and the time spent on the work. [Citation omitted] Records which give no explanation of the activities performed are not compensable."); In re Wildman, 72 B.R. 700, 708-9 (Bankr. N.D. Ill. 1987) (same).
(7) Lumping
The Court may impose a ten percent penalty for "lumping." In re Wildman, 72 B.R. 700, 709 (Bankr. N.D. Ill. 1987) ("Applicants may not circumvent the minimum time requirement or any of the requirements of detail by "lumping" a bunch of activities into a single entry. [citation omitted]. Each type of service should be listed with the corresponding specific time allotment.").
(11) Overhead Costs are Non-Compensable
The Court denies reimbursement for fees or expenses that are overhead costs. Expenses which are overhead are not compensable because they are built into the hourly rate. See In re Wildman, 72 B.R. 700, 731 (Bankr. N.D. Ill. 1987). Overhead, for bankruptcy purposes, includes "all continuous administrative or general costs or expenses incident to the operation of the firm which cannot be attributed to a particular client or cost." In re Convent Guardian Corp., 103 B.R. 937, 939-40 (Bankr. N.D. Ill. 1989) (quoting In re Thacker, 48 B.R. 161, 164 (Bankr. N.D. Ill. 1985)).
Dated: December 1, 2010 5/06/10 PSJ .50 Updated J. Blackburn car spreadsheet re Lakeshore 162.50 information. 5/07/10 CCD 1.10 Prepared correspondence transmitting documents for 715.00 production to Hartford (.3); emailed with V. Lazar re same (.2); reviewed correspondence from Hartford counsel and enclosed application documents (.4); reviewed email re claim under State Farm policy for SEC defense costs (.2) 5/07/10 VEL .20 Emails with C. Robertson re Vik counsel and meeting 150.00 before complaint filed. 5/07/10 MRP 1.00 Drafted emails to V. Lazar and P. Jacobs regarding list of 545.00 questions for J. Blackburn (.1); teleconference with L. Roadman regarding source of Banas fees (.2); office conference with V. Lazar regarding the same (.1); drafted email to G. Paloian regarding call with L. Roadman (.4); office conference with V. Lazar regarding fee issues (.1); office conference with P. Jacobs regarding T. Banas assets (.1). 5/07/10 PSJ .80 Reviewed emails from V. Lazar and M. Pinciak re topics 260.00 for J. Blackburn (.2); sent emails to M. Pinciak and V. Lazar re topics for J. Blackburn (.1); conferred with M. Pinciak re Coordination Agreement (.3); reviewed emails from M. Pinciak re A. Banas fee advance (.2). 5/08/10 CCD .20 Edited correspondence to M. Rindner transmitting 130.00 Canopy documents. 5/10/10 CCD .70 Reviewed board minutes and other documents for 455.00 submission to Hartford (.3); prepared and sent transmittal correspondence (.2); emailed with V. Lazar re same (.2). 5/11/10 CCD .50 Reviewed additional documents for production to 325.00 Hartford (.3); correspondence to Hartford counsel re same (.2). 5/12/10 PSJ .40 Revised Motion for Default Judgment Against J. 130.00 Blackburn. 5/13/10 VEL .40 Emails with M. Pinciak re source of funding for Banas 300.00 counsel and follow up review of documents re same. 5/13/10 VEL .20 Emails with P. Jacobs re JPM account and source of 150.00 funds for Banas. 5/19/10 MRP 6.60 Drafted, reviewed, and revised motion for default 3,597.00 judgment against Blackburn (4.2); called L. Roadman regarding freeze order and answer to complaint (.3); teleconference with V. Lazar regarding call with L. Roadman (.1); drafted, reviewed, and revised motion for preliminary injunction and order (1.3); drafted various emails to V. Lazar, P. Jacobs, M. Matlock regarding filing of motion for preliminary injunction (.3); drafted email to V. Lazar regarding motion for default judgment against Blackburn (.2); reviewed email from L. Roadman regarding letter from insurance carrier (.2); reviewed email from T. Campbell regarding letter from insurance carrier (.1); drafted emails to V. Lazar and G. Paloian regarding letters from insurance carriers (.1). 5/19/10 PSJ 3.30 Revised Default Judgment Motion (.3); sent emails to M. 1,072.50 Pinciak re Default Judgment Motion (.2); retrieved Certificate of Service information (.2); called M. Matlock re Certificate of Service (.1); conferred with M. Matlock re Certificate of Service (.2); reviewed emails from M. Matlock and M. Pinciak re Certificate of Service (.2); sent emails to M. Pinciak and M. Matlock re Certificate of Service (.1); reviewed emails from M. Matlock and M. Pinciak re Preliminary Injunction Motion (.4); sent emails to M. Pinciak and M. Matlock re Preliminary Injunction Motion (.2); reviewed revised Preliminary Injunction Motion (.3); reviewed emails from M. Pinciak re Hartford Insurance (.3); reviewed letter re A. Banas insurance coverage (.1); revised service list for A. Banas Agreed Order (.2); reviewed email re Default Judgment Motion (.1); reviewed letter re J. Blackburn insurance coverage (.1); reviewed J. Blackburn car spreadsheet (.2); revised J. Blackburn car spreadsheet (.1). 5/20/10 VEL .30 Reviewed and approved Banas freeze order for filing. 225.00 5/20/10 VEL .30 Reviewed default judgment motion and emails re 225.00 damages and breaking out costs. 5/20/10 VEL .20 Reviewed local rule re trustee affidavit for default 150.00 judgment. 5/20/10 MHM .40 Researched rules with respect to affidavit in support of 110.00 preliminary injunction. 5/27/10 CCD 1.30 Reviewed Hartford counsel correspondence re crime 845.00 insurance claim (.2); emailed with C. Robertson and V. Lazar re D O insurance issues (.6); related policy review and analysis (.5). 5/27/10 VEL .20 Follow up with A M re go-ahead on insurance work and 150.00 budget. 5/27/10 MRP .40 Reviewed further revised draft of motion for declaratory 218.00 judgment against J. Blackburn (.3); drafted email to P. Jacobs with initial comments on same (.1). 5/27/10 PSJ 2.10 Revised draft of Default Judgment Motion (1.7); sent 682.50 emails to M. Pinciak re Default Judgment Motion (.2); reviewed emails from M. Pinciak re Default Judgment Motion (.2). 5/28/10 MRP 3.70 Reviewed email from P. Jacobs regarding additional 2,016.50 documents received from Chase regarding J. Blackburn transfers (.2); office conference with P. Jacobs regarding the same (.2); drafted, reviewed, and revised motion for default judgment, declarations in support, against J. Blackburn (2.7); drafted emails to P. Jacobs regarding subordination/disallowance of claims (.1); reviewed bankruptcy code provisions on subrogation/disallowance (.2); drafted email to V. Lazar regarding draft motion for default judgment and open issues (.2); drafted emails to P. Jacobs regarding damages calculation for default judgment motion (.1). 5/28/10 PSJ .90 Reviewed emails from M. Pinciak re Default Judgment 292.50 Motion (.5); sent emails to M. Pinciak re Default Judgment Motion (.3); conferred with M. Pinciak- Madden re J. Blackburn transfers (.1). 5/31/10 VEL .20 Skimmed draft affidavit. 150.00 6/01/10 VEL .70 Reviewed and commented on motion for default 525.00 judgment and supporting affidavit and follow up re damages and exhibits. 6/01/10 VEL .30 Reviewed further comments and email re Rule 54 225.00 language. 6/07/10 MRP .30 Drafted email to V. Lazar regarding Banas and going- 163.50 forward strategy (.1); teleconference with V. Lazar regarding Banas and status hearing before Judge Wedoff (.2). 6/07/10 PSJ .10 Reviewed emails from M. Pinciak and V. Lazar re A. 32.50 Banas. 6/08/10 DMG 1.20 Telephone conferences with V. Lazar and C. Dickinson 750.00 re insurance issues; office conference with C. Dickinson re same; reviewed correspondence with Wiley Rein re Crime Policy. 6/08/10 VEL .20 Emails with M. Pinciak re Kimberly cooperation. 150.00 6/08/10 VEL .20 Telephone conference with G. Paloian re Kimberly 150.00 cooperation and interview. 6/08/10 VEL .20 Office conference with M. Pinciak re Wednesday 150.00 hearing and request for extension of time. 6/08/10 MRP .30 Drafted email to L. Roadman regarding status hearing 163.50 before J. Wedoff and request for status in 120 days (.2); drafted email to V. Lazar regarding status hearing (.1). 6/09/10 DMG 1.00 Prepared for and office conference with C. Dickinson re 625.00 status of D O and Crime Policy claims (.5); reviewed file re same (.5). 6/09/10 VEL .30 Office conference with M. Pinciak re results of hearing 225.00 and remaining issues on Banas and Blackburn complaint. 6/09/10 MRP 2.80 Reviewed complaint against Banas and Blackburn, 1,526.00 motion for default judgment in preparation for court hearing, attended hearing before Judge Wedoff, and office conference with V. Lazar regarding same (2.7); drafted email to G. Paloian reporting on hearing before J, Wedoff (.1). 6/09/10 PSJ .20 Reviewed email from V. Lazar and M. Pinciak re Default 65.00 Judgment (.1); reviewed information re insurance claims (.1). 6/14/10 PSJ .60 Conferred with G. Paloian re A. Banas (.2); sent emails 195.00 to V. Lazar, G. Paloian, C. Robertson and M. Pinciak re A. Banas (.2); reviewed emails from V. Lazar and C. Robertson re A. Banas (.2). 6/15/10 DMG 1.50 Reviewed correspondence with Wiley Rein and 937.50 correspondence from V. Lazar (.3); telephone conference with V. Lazar re insurance coverage (.2); reviewed D O and Crime policies re same (1.0). 6/15/10 VEL .30 Revised insurance letter and forwarded draft to D. 225.00 Greenwald for comment. 6/15/10 VEL .30 Reviewed additional materials to be transmitted to 225.00 insurance company. 6/16/10 DMG 1.10 Reviewed correspondence from Directors and Officers 687.50 counsel and exchanged messages with V. Lazar re same (.3); reviewed and revised draft correspondence to insurer's counsel; office conference with V. Lazar re same (.8). 6/16/10 VEL .20 Email to M. Reinsert, Wiley Rein, re automatic stay and 150.00 comfort order issue. 6/16/10 VEL .40 Office conferences with D. Greenwald re comments to 300.00 insurance letter and privilege issues and revised same. 6/16/10 VEL .20 Office conference with M. Pinciak re status of settlement 150.00 discussions with Banas and strategy for same. 6/16/10 PSJ .10 Reviewed emails from M. Pinciak re A. Banas. 32.50 6/17/10 VEL .40 Emails and telephone conference with M. Pinciak re 300.00 Banas audit and request for documents (.2); follow-up with P. McGrath re binders for insurance company and updating same (.2). 6/17/10 MRP .60 Reviewed email from L. Roadman regarding call to 327.00 discuss settlement with T. Banas and drafted email to L. Roadman regarding the same (.1); drafted email to P. Jacobs and V. Lazar regarding significant wire transfer to Blackburn's account and freeze order (.1); reviewed additional documents from Chase pertaining to J. Blackburn accounts (.3); drafted email to V. Lazar regarding violation of freeze order (.1). 6/17/10 PSJ .20 Reviewed email from M. Pinciak re Default Judgment 65.00 against J. Blackburn (.1); sent email to M. Pinciak re J. Blackburn (.1). 6/18/10 VEL .80 Emails with M. Pinciak re preparation for call with 600.00 Roadman and reviewed Banas statements produced by same (.6); emails with P. Jacobs re prep of materials for insurance company (.2). 6/18/10 MRP 1.20 Teleconference with L. Roadman regarding possible 654.00 settlement with T. Banas (.8); drafted email to V. Lazar regarding issues to raise during conversation with L. Roadman (.3); drafted email to L. Roadman regarding adversary complaints (.1) 6/18/10 PSJ .70 Reviewed emails from V. Lazar, P. McGrath and M. 227.50 Pinciak re A. Banas (.4); conferred with M. Pinciak- Madden re A. Banas (.1); sent emails to V. Lazar, P. McGrath and M. Pinciak re A. Banas (.1); called P. McGrath re A. Banas (.1). 6/21/10 VEL 1.60 Telephone conference with G. Paloian re Blackburn 1,200.00 garnishment and clearing same with UST re frozen funds, and email re basis for same (.3); reviewed Broadway Bank statements and telephone conference with M. Pinciak re tracing issue (.5); reviewed folder re insurance materials and transmitted same with revised cover letter and materials requested by insurer (.6); telephone conference with M. Pinciak re Roadman conversation and potential judgment against Banas (.2). 6/21/10 MRP .30 Drafted email to V. Lazar regarding call with L. 163.50 Roadman and settlement offer (.2); reviewed various emails from G. Paloian regarding Blackburn judgment and citation to discover assets (.1). 6/21/10 PSJ 2.00 Conferred with P. McGrath re A. Banas (.2); reviewed 650.00 emails from V. Lazar, M. Pinciak, and P. McGrath re A. Banas (.5); sent emails to V. Lazar and M. Pinciak re A. Banas (.4); retrieved 2004 subpoena list (.1); conferred with J. Sowka re Broadway Bank (.1); conferred with N. Bouchard re Broadway Bank (.2); reviewed emails from N. Bouchard, ad A. Banas re Broadway Bank (.2); sent email to N. Bouchard, V. Lazar, P. McGrath and M. Pinciak re Broadway Bank (.1); reviewed A. Banas bank statements (.1); reviewed A. Banas Stock Redemption Agreement (.1). 6/22/10 VEL 2.00 Emails with M. Pinciak and P. Jacobs re tracing retainers 1,500.00 and related potential claims, and reviewed statements (.5); telephone conference with G. Paloian re making demand upon counsel (.3); reviewed SEC complaint and motion re disgorgement, telephone conference with client re same and recommendation and office conference with M. Pinciak re trustee position and Banas counsel fee issue (.8); reviewed SEC docket (.2); emails re citation (.2). 6/22/10 MRP .80 Reviewed SEC's Motion for Final Judgment against 436.00 Banas to determine impact/effect on adversary proceeding (.2); drafted email to V. Lazar regarding the same (.2); drafted email to G. Paloian regarding SEC motion for judgment against Banas (.1); reviewed SEC complaint filed against T. Banas (.3). 6/22/10 PSJ 2.70 Reviewed emails from M. Pinciak, G. Paloian, V. Lazar 877.50 and P. McGrath re A. Banas bank statements (1.1); reviewed emails from M. Pinciak re SEC and A. Banas (.3); reviewed SEC Complaint against A. Banas (.2); reviewed message re A. Banas bank statements (.1); reviewed email from M. Pinciak re A. Banas fee advance (.1); sent emails to M. Pinciak re A. Banas bank statements (.5); reviewed A. Banas bank statements (.3); called P. McGrath re A. Banas bank statements (.1). 6/24/10 MRP .80 Participated in conference call with T. Campbell and V. 436.00 Lazar regarding J. Blackburn responses to Trustee's questions (.4); drafted email to G. Paloian regarding meeting with T. Campbell (.2); drafted email to V. Lazar regarding draft citation (.1); drafted email to P. Jacobs regarding revisions to citation (.1). 6/24/10 PSJ 2.50 Reviewed emails from M. Pinciak and V. Lazar re A. 812.50 Banas (.2); reviewed emails from G. Paloian and M. Pinciak re Citation to Discover Assets (.4); reviewed emails from M. Pinciak re J. Blackburn (.2); sent emails to M. Pinciak re Citation to Discover Assets (.2); revised Citation to Discover Assets (1.4); sent email to M. Pinciak re A. Banas (.1). 6/25/10 VEL .40 Edited citation and email with P. Jacobs re third party 300.00 format, service and related issues. 6/25/10 MRP 4.10 Prepared for meeting with T. Campbell, including review 2,234.50 of questions posed to J. Blackburn and prepared answer sheet (.4); attended meeting at offices of T. Campbell to review answers to question posed to J. Blackburn and various schedules of assets, gifts etc. (3.1); reviewed email from P. Jacobs regarding draft citation (.1); drafted email to V. Lazar regarding draft citation (.1); reviewed draft citation to discover assets (.3); drafted email to T. Campbell regarding meeting (.1). 6/25/10 PSJ 2.20 Reviewed emails from M. Pinciak and V. Lazar re 715.00 Citation to Discover Assets (.2); reviewed emails from M. Pinciak re A. Banas (.2); reviewed Statutes and Rules re Citation to Discovery Assets (1.8). 6/27/10 PSJ 3.50 Revised draft of Citation to Discover Assets re JP 1,137.50 Morgan Chase (2.2); conducted research re Citation to Discover Assets to Third Party (1.3). 6/28/10 VEL .40 Emails and telephone conference with P. Jacobs re 300.00 update on citation and edits, potential additional citations and related matters 6/28/10 VEL .30 Edited third party citation and email with P. Jacobs. 225.00 7/02/10 MRP .60 Teleconference with G. Paloian regarding J. Blackburn 327.00 answers to questions and Ferrari purchased for V. Kashyap (.1); drafted email to T. Campbell regarding Ferrari purchased for V. Kashyap by J. Blackburn (.2); reviewed summary of analysis of _____ prepared by A M (.3). 7/02/10 PSJ 1.80 Conferred with representatives from E*Trade and Bank 585.00 of America re Citation to Discover Assets (.2); revised Citations to Discover assets (1.1); email correspondence with M. Pinciak re Citations to Discover Assets (.2); reviewed emails from M. Pinciak re A. Banas (.2); reviewed email from M. Pinciak re J. Blackburn (.1). 7/06/10 DMG 1.00 Telephone conference with V. Lazar re D O policy 625.00 issues; reviewed C. Dickinson correspondence re same. 7/06/10 VEL .30 Edited Kashyap settlement stipulation and email with C. 225.00 Robertson re same. 7/06/10 VEL .20 Telephone conference with D. Greenwald re potential 150.00 impact of settlement stipulation on insurance. 7/06/10 VEL .20 Reviewed and responded to emails re Vik Ferrari. 150.00 7/06/10 MRP .30 Drafted email to T. Campbell regarding Ferrari 163.50 purchased for V. Kashyap (.1); reviewed email from T. Campbell regarding circumstances surrounding purchase of Ferrari by J. Blackburn for V. Kashyap (.1); drafted email to V. Lazar and G. Paloian regarding the same (.1). 7/06/10 PSJ .20 Sent email to J. Priebe, V. Lazar and M. Pinciak re 65.00 demand letters (.1); reviewed information re K L Gates (.1). 7/07/10 DMG 2.00 Reviewed D O policy, board minutes and other 1,250.00 materials re _____ (1.5); telephone conferences with V. Lazar re same (.2); office conference with M. Otto re legal research issues re exclusions (.3). 7/07/10 VEL .50 Telephone conference with D. Greenwald re _____ 375.00 _____ and follow up emails re interpretation of same. 7/07/10 VEL .20 Reviewed citations filed by P. Jacobs. 150.00 7/12/10 DMG 1.40 Office conference with M. Otto re D O issues (.5); 875.00 reviewed M. Otto research memorandum re same (.5); telephone conferences with V. Lazar re same (.2); exchanged correspondence with M. Jacobs re D O issues (.2). 7/12/10 VEL .20 Emails with client and Jenner team re citation notices for 150.00 government, citation responses and updated. 7/12/10 MFO .20 Conference with D. Greenwald re research memo (.1); 102.00 emails with D. Greenwald and M. Jacobs re same (.1). 7/12/10 PSJ 1.40 Email correspondence with V. Lazar and M. Pinciak re 455.00 citations to discover assets (1.0); reviewed email from M. Pinciak re A. Banas (.1); reviewed mail re citations to discover assets (.1); called V. Lazar re citations to discover assets (.1); reviewed letter re JPMorgan Chase (.1). 7/13/10 VEL .30 Reviewed memorandum from M. Otto re policy 225.00 interpretation and email with D. Greenwald re _____. 7/13/10 PSJ .10 Conferred with G. Paloian re citations to discover assets 32.50 to financial institutions. 7/14/10 PSJ .70 Email correspondence with V. Lazar and A. Banas re 227.50 analysis of J. Blackburn bank accounts (.5); reviewed spreadsheet re J. Blackburn bank accounts (.1); reviewed email from L. Yap re citations to discover assets (.1). 7/15/10 VEL .20 Emails with G. Paloian and team re lack of equity in 150.00 California property. 7/15/10 PSJ .30 Email correspondence with V. Lazar and G. Paloian re 97.50 citations to discover assets to financial institutions (.2); reviewed email from M. Pinciak-Madden re car purchased by J. Blackburn for V. Kashyap (.1). 7/16/10 VEL .30 Telephone conference with G. Paloian re solvency 225.00 analysis and Vik complaint. 7/16/10 VEL .20 Emails re turnover motion. 150.00 7/16/10 PSJ .10 Email correspondence with V. Lazar re status hearing for 32.50 citations to discover assets. 7/19/10 DMG .70 Exchanged correspondence with M. Jacobs and V. Lazar 437.50 re D O issues, telephone conference with V. Lazar re same. 7/19/10 VEL .30 Telephone conference with C. Robertson re D O 225.00 assignment and Vik settlement negotiations. 7/19/10 VEL .30 Email with M. Pinciak and P. Jacobs re citations 225.00 returnable and service issue. 7/19/10 VEL .40 Telephone conference with D. Greenwald re _____ 300.00 _____ and consulted with M. Jacobs. 7/19/10 MRP .20 Drafted email to V. Lazar regarding status hearing on 109.00 citations to discover assets (.1); reviewed various emails from V. Lazar and P. Jacobs regarding service of citations (.1). 7/19/10 PSJ .60 Email correspondence with V. Lazar and M. Pinciak- 195.00 Madden re status hearing for and service of citations to discover assets to financial institutions. 7/20/10 VEL .40 Office conference with P. Jacobs re personal service and 300.00 comments to citations. 7/20/10 VEL .20 Reviewed Wells Fargo response and email to P. Jacobs 150.00 re amending response to same. 7/20/10 PSJ 2.10 Reviewed Bank of America statements re transfer to 682.50 K L Gates (.2); reviewed and revised letter re K L Gates (.6); email correspondence with V. Lazar re letter to K L Gates (.1); email correspondence with V. Lazar re citations to discover assets to JP Morgan Chase (.3); called Wells Fargo re response to citation to discover assets (.1); conferred with V. Lazar re issuing citations to discover assets to E*Trade, Wells Fargo, and Bank of America for information on J. Blackburn's assets (.2); email correspondence with V. Lazar and M. Pinciak- Madden re Wells Fargo's response to citation to discover assets of J. Blackburn (.3); email correspondence with V. Lazar re J. Blackburn's sale of 2008 Lamborghini (.1); reviewed O'Gara subpoena documents re sale of 2008 Lamborghini (.2). 7/21/10 DMG 1.50 Prepared for and participated in telephone conference 937.50 with V. Lazar and M. Jacobson re D O policy (1.3); conferred with V. Lazar re same (.2). 8/05/10 DMG 1.20 Sent letter to Wiley Rein re Employee Theft Policy (.4); 750.00 telephone conference with M. Lindner at Wiley Rein re same (.4); drafted summary for V. Lazar (.2); exchanged messages with V. Lazar re scheduling settlement meeting (.2). 8/05/10 VEL .40 Telephone conference with D. Greenwald re telephone 300.00 conference with Wiley Rein results and emails with directors' counsel re scheduling meeting. 8/05/10 VEL .50 Reviewed emails re Ferrari, pulled Carfax report and 375.00 follow-up emails re investigation of likely use of proceeds. 8/05/10 VEL .30 Emails with M. Pinciak and P. Jacobs re Bank of 225.00 American and other citations, continuance and likely timing for same. 8/05/10 MRP .40 Drafted email to V. Lazar regarding Banas plea hearing 218.00 (.2); reviewed email from P. Jacobs regarding status hearings on citations (.1); reviewed Banas docket in criminal case (.1). 8/05/10 PSJ .90 Conferred with M. Jones re citation to discover assets to 292.50 Bank of America (.1); reviewed email from M. Jones re Bank of America answer to Citation to Discover Assets (.1); email correspondence with V. Lazar and M. Pinciak-Madden re Bank of America's amended answer to citation to discover assets to Bank of America (.1); updated J. Blackburn car spreadsheet (.2); email correspondence with V. Lazar and M. Pinciak-Madden re Citations to Discover Assets and SEC freeze order (.4) 8/06/10 DMG .30 Reviewed correspondence with Ds and Os regarding 187.50 meeting with Twin City. 8/06/10 VEL .30 Telephone conference and emails with D. Greenwald re 225.00 strategy for insurance meeting. 8/10/10 MRP .10 Reviewed E-Trade answer to citation. 54.50 8/26/10 VEL .30 Telephone conference with C. Robertson re scope of 225.00 release for Vik and sent form contribution bar pleadings to C. Robertson. 8/26/10 VEL .60 Telephone conference with G. Paloian re SEC approval 450.00 and related issues (.2); office conference with M. Pinciak re proposed structure for SEC release and seizure of remaining assets (.4). 8/26/10 VEL .30 Commented on proposed order language for SEC release 225.00 of lien. 8/26/10 VEL .40 Commented on WF turnover motion. 300.00 8/26/10 MRP 1.10 Various teleconferences with V. Lazar regarding 599.50 modification to SEC asset freeze order (.2); drafted various emails to A. Cotter regarding modification to asset freeze order and proposed language for motion to modify and order (.3); drafted email to V. Lazar with proposed language for motion to modify and order (.6). 8/26/10 PSJ 2.00 Drafted and revised turnover order for funds held by 650.00 Wells Fargo (1.5); conferred with V. Lazar re turnover order to Wells Fargo (.1); email correspondence with V. Lazar re turnover order to Wells Fargo (.2); reviewed emails from M. Pinciak-Madden re J. Blackburn Asset Freeze Order (.1); reviewed emails from M. Pinciak- Madden re settlement negotiations with R. Martin (.1). 8/27/10 DMG .60 Reviewed correspondence from V. Lazar and M. Rindner 375.00 re Kashyap action (.3); telephone conference with V. Lazar re same (.3). 8/27/10 VEL .50 Telephone conference with M. Rinder re trustee demand 375.00 on Vik, timing and follow up call re same (.3); emails with client re report on same and instructions (.2). 8/27/10 VEL .30 Telephone conference with C. Robertson re details of 225.00 proposed settlement with Vik and insurer deadline. 8/27/10 VEL .20 Reviewed and approved final version of turnover motion. 150.00 8/27/10 VEL .20 Follow up with M. Pinciak re SEC proposed order, 150.00 timing and turnover. INVESTIGATION OF CLAIMS MATTER NUMBER — 10075 5/01/10 PSJ .40 Updated 2004 subpoena list (.3); sent email to M. 130.00 Pinciak re 2004 subpoena list (.1). 5/03/10 VEL .20 Commented on email to G. Paloian re R. Zaziebida 150.00 interview. 5/03/10 PSJ 1.30 Reviewed email from M. Pinciak re Bank of America 422.50 (.1); sent email to M. Pinciak re Bank of America (.1); conferred with representative from Bank of America (.1); conferred with G. Paloian re PH Developers (.1); reviewed emails from M. Pinciak and V. Lazar re Bulls tickets (.4); reviewed email from R. Rosenblum re Lakeshore (.1); sent emails to M. Pinciak and V. Lazar re Bulls tickets (.3); filed subpoena documents (.1). 5/04/10 VEL .20 Follow up with C. Dickinson re State Farm 150.00 reimbursement for SEC defense cost. 5/04/10 MRP .20 Drafted email to attorney for K. Mann regarding 109.00 response to inquiry letter (.1); drafted email to P. Jacobs regarding additional documents received from Putnam (.1). 5/04/10 PSJ 1.00 Reviewed email from M. Pinciak re K. Mann (.1); 325.00 reviewed emails from M. Pinciak and J. Young re Putnam (.2); reviewed emails from M. Pinciak re M. Shah (.2); reviewed email from M. Pinciak re American Express (.1); conferred with M. Pinciak-Madden (.2); sent email to M. Pinciak re Sun Mountain Realty (.1); researched Sun Mountain Realty (.1). 5/05/10 VEL .20 Commented on follow up email for R. Zaziebida. 150.00 5/05/10 MRP .10 Drafted email to attorney for Putnam Leasing regarding 54.50 production. 5/05/10 MRP .10 Reviewed email from P. Jacobs regarding Bank of 54.50 America subpoena. 5/05/10 PSJ 2.90 Reviewed letter re Perkins Coie(.1); sent emails to J. 942.50 Priebe re Perkins Coie (.2); reviewed letter re Wells Fargo (.1); reviewed emails from J. Priebe re Perkins Coie (.2); reviewed American Express Agreements (.3); conferred with J. Young re Putnam (.1); sent email to M. Pinciak re Putnam (.1); reviewed emails from J. Young and M. Pinciak re Putnam (.2); filed subpoena documents (.1); sent email to V. Lazar, G. Paloian, J. Priebe and M. Pinciak re American Express Agreements (.2); sent email to r. Angart re payroll transfers (.1); reviewed email from M. Pinciak re Bank of America (.1); conferred with R. Angart re PayCycle (.1); conferred with representative from Bank of America (.1); reviewed emails from R. Rosenblum re Lakeshore (.2); sent emails to R. Rosenblum re Lakeshore (.2); reviewed emails from R. Angart re pay cycle (.3); sent emails to R. Angart re PayCycle(.2). 5/06/10 VEL .30 Reviewed C. Wolfe title materials and research same. 225.00 5/06/10 VEL .20 Reviewed employee details forwarded by R. Angart. 150.00 5/06/10 MRP .40 Conducted research on K. Wolfe (.3); drafted email to V. 218.00 Lazar regarding the same (.1). 5/06/10 PSJ 2.20 Reviewed emails from M. Pinciak and V. Lazar re 715.00 Lakeshore (.5); reviewed emails from R. Angart re PayCycle (.3); called R. Rosenblum re Lakeshore (.1); reviewed Lakeshore documents (.1); conferred with R. Rosenblum re Lakeshore (.1); sent emails to R. Angart re PayCycle (.3); sent emails to V. Lazar and M. Pinciak re Lakeshore update (.7); reviewed emails from M. Pinciak re K. Wolfe (.1). 5/07/10 VEL .30 Edited list of questions for T. Campbell and transmitted 225.00 same to G. Paloian. 5/13/10 PSJ 4.10 Reviewed email from V. Lazar and G. Paloian re 1,332.50 subpoenas (.4); sent emails to V. Lazar and G. Paloian re subpoenas (.7); conferred with P. McGrath (.1); reviewed email from P. McGrath re Ally Bank (.1); reviewed email from R. Rosenblum re Lakeshore (.1); reviewed emails from V. Lazar, M. Pinciak and G. Paloian re R. Blackburn (.2); conferred with R. Blackburn (.1); sent email to V. Lazar and M. Pinciak re R. Blackburn (.2); retrieved all subpoenas issued (.9); filed subpoena documents (.2); reviewed email from P. McGrath re Alvarez and Marsal Analysis (.1); sent email to P. McGrath re Alvarez and Marsal Analysis (.1); conferred with M. Pinciak-Madden re Bank of America (.2); reviewed Bank of America subpoena documents (.7). 5/14/10 MRP .30 Drafted email to attorney for K. Mann regarding 163.50 response to letter of inquiry (.1); review updated list of discovery targets for Rule 2004s circulated by J. Sowka (.2). 5/14/10 PSJ 4.40 Reviewed emails from P. McGrath re Bank of America 1,430.00 (.2); conferred with P. McGrath re Bank of America (.3); conferred with R. Galarza re Bank of America (.1); reviewed Bank of America subpoena and Canopy transaction detail (.6); conferred with C. Fernandez re transaction detail (.2); conferred with duplicating re Bank of America (.1); conferred with R. Blackburn (.2); sent email to M. Pinciak and V. Lazar re R. Blackburn (.1); reviewed email from Duplicating re Bank of America (.1); reviewed message from L. Chow re Wells Fargo (.1); conferred with L. Chow re Wells Fargo (.3); reviewed emails from V. Lazar and L Chow re Wells Fargo (.2); sent email to V. Lazar and M. Pinciak re Wells Fargo (.1); reviewed email from P. McGrath re JPMorgan Chase analysis (.2); reviewed email from M. Pinciak re K. Mann (.1); sent email to R. Rosenblum re Lakeshore (.1); sent emails to P. McGrath re Bank of America (.1); reviewed email from J. Sowka re 2004 additional subpoenas (.2); reviewed Bank of America subpoena documents (1.1). 5/16/10 PSJ 2.80 Drafted letter for K L Gates (1.2); revised second 910.00 subpoena to Bank of America (.2); drafted summary of Bank of America subpoena documents (1.4).