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Case KG Doc 565 Filed 03/18/19 Page 1 of 6 UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE. Chapter 11

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1

UNITED STATES BANKRUPTCY COURT

FOR THE DISTRICT OF DELAWARE

In re:

WELDED CONSTRUCTION, L.P., et al.

1

,

Debtors.

Chapter 11

Case No. 18-12378 (KG)

(Jointly Administered)

MONTHLY STAFFING AND COMPENSATION REPORT OF

ZOLFO COOPER MANAGEMENT, LLC

FOR THE PERIOD OF JANUARY 1, 2019 THROUGH JANUARY 31, 2019

This is Zolfo Cooper Management, LLC

2

’s (“Zolfo Cooper”) Monthly Staffing and

Compensation Report (the “Staffing Report”) for the period January 1, 2019 through January 31, 2019

(the “Fee Period”).

This Staffing Report is filed pursuant to the Order Authorizing the Debtors to (A) Employ and

Retain Zolfo Cooper Management, LLC to Provide Interim Management Services and (B) Designate

Frank Pometti as Debtors’ Chief Restructuring Officer Nunc Pro Tunc to the Petition Date [Docket

No. 236 (the “Retention Order”).

1

The Debtors in these chapter 11 cases, along with the last four digits of each Debtor’s federal tax identification

number, are: Welded Construction, L.P. (5008) and Welded Construction Michigan, LLC (9830). The mailing address

for each of the Debtors is 26933 Eckel Road, Perrysburg, OH 43551.

2

On November 1, 2018, AlixPartners, LLP (“AlixPartners”), a global consulting firm headquartered in New York,

acquired all of the membership interests of ZC Holdings, LLC (“Zolfo Cooper”) and its subsidiaries, including Zolfo

Cooper Management, LLC (the “Transaction”). Zolfo Cooper will continue to provide services to the Debtors on this

matter as Zolfo Cooper, operating as a subsidiary of AlixPartners.

Case 18-12378-KG Doc 565 Filed 03/18/19 Page 1 of 6

¨1¤q7n3#2 #9«

(2)

2

COMPENSATION STAFFING

The professionals who rendered services and their function are attached hereto in

Exhibit A

.

The professionals who rendered services, their title, hours of services performed and the compensation

earned during the Fee Period are set forth below.

Professional Fees

$

756,859.50

Less 50% Discount Travel Fees

(59,522.75)

Total Current Fees

$

697,336.75

Expenses and Other Charges

54,915.57

Total Invoice

$

752,252.32

(3)

3

Summary of Hours by Professional

A list of matter codes and detailed description of each category is attached hereto as

Exhibit B

.

Detailed time descriptions of the services performed by each professional, paraprofessional

and support person, organized by discrete project by day and the aggregate hours is attached hereto as

Exhibit C

. Also included in

Exhibit C

is a list of professionals, paraprofessionals and support

PROFESSIONAL

APS TITLE

(1)

RATE

(2)

HOURS

FEES

(3)

Frank Pometti

Managing Director

1,015.00

150.5

$ 152,757.50

Andrew Ralph

Senior Vice President

725.00

266.3

$ 193,067.50

Sujay Cherian

Vice President

480.00

262.6

$ 126,048.00

Robell G Wondwosen

Vice President

480.00

248.0

$ 119,040.00

Ryan Pakenham

Vice President

450.00

3.0

$ 1,350.00

Laurie C Verry

Vice President

450.00

2.0

$ 900.00

Lynsey McIntyre McClorey

Associate

430.00

3.0

$ 1,290.00

Tyler Xu

Consultant

425.00

127.6

$ 54,230.00

Nishat Jabin

Consultant

425.00

225.9

$ 96,007.50

Lisa Marie Bonito

Analyst

430.00

28.3

$ 12,169.00

Total Hours and Fees

1,317.2

$ 756,859.50

Less 50% Welded Travel Time

(59,522.75)

Total Professional Fees

$ 697,336.75

(3)

Travel time rates are reduced by 50%

Average Billing Rate

$

529.41

(2)

As set forth in our Services Agreement dated October 22, 2018, our standard hourly rates are reviewed semi-annually and certain professioanls rates were adjusted as of January 1, 2019 to reflect general market increases

(1)

Job titles for certain positions were changed at the time of the Transaction to be consistent with AlixPartners’ standard titling structure. The positions which prior to the Transaction were titled as Analyst, Jr. Associate, Associate, Manager, Director and Senior Director are now Consultant, Vice President, Senior Vice President and Director. These new titles became effective as of the Transaction closing date of November 1, 2018.

1/1/2019 - 1/31/2019

(4)

4

personnel providing services; arranged by project category, the aggregate hours and professional fees

expended by each professional, paraprofessional and support person; summarized by matter code.

Zolfo Cooper classified all services performed for which compensation is sought into separate

categories. Summarized below is a list of the number of hours expended by professionals during the

Fee Period with respect to each of the matter categories that Zolfo Cooper established in connection

with these Chapter 11 Cases:

(5)

5

Summary of Hours and Fees by Matter Category

CODE

MATTER CATEGORY

HOURS

FEES

100

Planning and Coordination

212.3

$124,902.00

101

DIP Budget Process Management

23.1

$16,834.50

102

Cash Management

152.1

$79,585.00

103

Communication with Interested Parties

54.9

$40,876.00

104

U.S. Trustee / Court Reporting Requirements

23.6

$15,404.00

105

Business Operations and Analysis

342.4

$173,587.50

106

Asset Disposition

101.3

$67,490.00

107

Executory Contracts

-

$0.00

108

Claims Administration

169.6

$102,480.00

109

Fee Statements and Fee Applications

34.3

$15,335.00

110

Retention and Engagement Administration

-

$0.00

111

Litigation

1.3

$1,319.50

129

Non-Working Travel Time

202.3

$59,522.75

1,317.2

$697,336.25

Average Billing Rate

$

529.41

1/1/2019 - 1/31/2019

(6)

6

Expenses

The total actual and necessary costs and expenses incurred by Zolfo Cooper during the Fee

Period are set forth below. A detailed analysis of the out-of-pocket expenses incurred showing the

amount incurred by each professional in each expense category by day is attached hereto as

Exhibit

D

.

Pursuant to the Zolfo Cooper’s Retention Order, Zolfo Cooper files the Staffing Report listing:

(a) the names and functions of professionals assigned to the Debtors; (b) the compensation earned by

Zolfo Cooper during the Fee Period in the amount of $697,336.75 and reimbursement of expenses in

the amount of $54,915.57, for a total amount of $752,252.32.

Dated: March 15, 2019

FRANK POMETTI, as an Authorized

Representative of Zolfo Cooper Management, LLC

909 Third Avenue, 30th Floor

New York, New York 10022

/s/ Frank Pometti

By: Frank Pometti

Managing Director

1/1/2019 - 1/31/2019

EXPENSE CATEGORY

EXPENSE

Airfare Change Fees

78.47

Airfare

32,342.23

Cell Phone

172.18

Conference Calls

301.73

Ground Transportation

5,388.66

Lodging

11,159.51

Meals

5,335.21

Meeting Expenses

87.50

Other

50.08

Total

$ 54,915.57

(7)

01:24289946.1

IN THE UNITED STATES BANKRUPTCY COURT

FOR THE DISTRICT OF DELAWARE

)

In re:

)

Chapter 11

)

WELDED CONSTRUCTION, L.P.,

et al.

,

1

)

)

Case No. 18-12378 (KG)

Debtors.

)

)

)

(Jointly Administered)

Obj. Deadline: April 1, 2019 at 4:00 p.m. (ET)

)

Ref. Docket No. 236

NOTICE OF FILING OF STAFFING REPORT OF ZOLFO COOPER MANAGEMENT,

LLC FOR THE PERIOD OF JANUARY 1, 2019 THROUGH JANUARY 31, 2019

PLEASE TAKE NOTICE

that Zolfo Cooper Management, LLC (“

Zolfo Cooper

”) has

filed the attached monthly staffing and compensation report for the period of January 1, 2019

through January 31, 2019 (the “

Staffing Report

”) with the United States Bankruptcy Court for

the District of Delaware, 824 Market Street, Wilmington, Delaware 19801, with a copy to the

United States Trustee appointed in this chapter 11 case, and counsel to the Official Committee of

Unsecured Creditors pursuant to the

Order Authorizing the Debtors to (A) Employ and Retain

Zolfo Cooper Management, LLC to Provide Interim Management Services and (B) Designate

Frank Pometti as Debtors’ Chief Restructuring Officer

Nunc Pro Tunc

to the Petition Date

[Docket No. 236] (the “

Retention Order

”), entered

on November 15, 2018, approving the

employment of Zolfo Cooper.

PLEASE TAKE FURTHER NOTICE

that, pursuant to the Retention Order, objections

to the Staffing Report are to be filed on or before fourteen (14) days after the filing of the

Staffing Report, which date is April 1, 2019 at 4:00 p.m. (ET).

1

The Debtors in these chapter 11 cases, along with the last four digits of each Debtor’s federal tax identification

number, are: Welded Construction, L.P. (5008) and Welded Construction Michigan, LLC (9830). The mailing

address for each of the Debtors is 26933 Eckel Road, Perrysburg, OH 43551.

(8)

2

01:24289946.1

Dated: March 18, 2019

Wilmington,

Delaware

YOUNG CONAWAY STARGATT & TAYLOR, LLP

/s/ Tara C. Pakrouh

M. Blake Cleary (No. 3614)

Sean M. Beach (No. 4070)

Allison S. Mielke (No. 5934)

Tara C. Pakrouh (No. 6192)

Rodney

Square

1000 North King Street

Wilmington, DE 19801

Telephone:

(302)

571-6600

Facsimile: (302) 571-1253

Counsel to the Debtors

(9)

ZOLFO COOPER MANAGEMENT, LLC

Exhibit A

Description of Primary Current Responsibilities of Principal ZC Engagement Professionals

Case 18-12378-KG Doc 565-2 Filed 03/18/19 Page 1 of 2

(10)

ZOLFO COOPER MANAGEMENT, LLC

DESCRIPTION OF PRIMARY CURRENT RESPONSIBILITIES OF PRINCIPAL ZC ENGAGEMENT PROFESSIONALS

NAME ALIX TITLE(1) COMPANY TITLE HOURLY

RATE(2)(3) PRIMARY CURRENT RESPONSIBILITIES

Frank Pometti Managing Director Chief

Restructuring Officer

$1,015 Develop and implement restructuring strategy; serve

as primary contact for parties of interest; interface with the bankruptcy court, advisors to creditors and official committee of unsecured creditors; oversee development of business plan and performance award plan; lead the overall engagement

Andrew Ralph Senior Vice

President

Associate Director of Restructuring

$725 Provide internal operational direction regarding the

debtor's Chapter 11 process; serve as contact for parties in interest; interface with advisors to creditors and official committee of unsecured creditors; develop and manage work plan; primary point of contact with management for development of budget and business plan

Sujay Cherian Vice President Associate Director

of Restructuring

$480 Assist in the tracking and monitor of equipment and

asset management; oversee heavy equipment sale process; interface with advisors to creditors and official committee of unsecured creditors; assist in the preparation of court filings including MORs, Statements and Schedules

Robell Wondowsen Vice President Associate Director

of Restructuring

$480 Monitor and report on debtor's customer agreement

specific check runs, cash balances and secured authorized of select customers for use of cash held in trust; deliver weekly budget to actual reporting requirements

Ryan Pakenham Vice President Associate Director

of Restructuring

$450 Assist in various industry research and analyzing

comparable equipment sale structures and expenses

Laurie Verry Vice President $450 Assist with retention documents, relationship

disclosures and staffing and compensation reports

Lynsey McIntyre McClorey Associate Associate Director

of Restructuring

$430 Assist in various industry research and analyzing

comparable equipment sale structures and expenses

Nishat Jabin Consultant Associate Director

of Restructuring

$425 Monitor and report on debtor's check runs, cash

balances and authorized interim amounts per first day motions; deliver weekly budget to actual reporting requirements; assist in the preparation of court filings including MORs, Statements and Schedules

Tyler Xu Consultant Associate Director

of Restructuring

$425 Assist in claims reconciliation and resolution process;

provide support to Welded accounting team

Lisa Marie Bonito Analyst $430 Assist with the preparation of monthly staffing reports

(1) Job titles for certain positions were changed at the time of the Transaction to be consistent with AlixPartners’ standard titling

structure. The positions which prior to the Transaction were titled as Analyst, Jr. Associate, Associate, Manager, Director and Senior Director are now Consultant, Vice President, Senior Vice President and Director. These new titles became effective as of the Transaction closing date of November 1, 2018.

(2) As set forth in our Services Agreement dated October 22, 2018, our standard hourly rates are reviewed semi-annually and certain

professionals rates were adjusted as of January 1, 2019 to reflect general market increases.

Note: The primary responsibilities of the principal ZC engagement professionals are likely to change as the Chapter 11 case progresses.

Case 18-12378-KG Doc 565-2 Filed 03/18/19 Page 2 of 2

(11)

ZOLFO COOPER MANAGEMENT, LLC

Exhibit B

List of Matter Codes

and Descriptions

(12)

ZOLFO COOPER MANAGEMENT, LLC WELDED CONTRUCTION L.P.

MATTER CATEGORIES

CODE MATTER CATEGORY DESCRIPTION

100 Planning and Coordination Engagement planning and coordination of efforts both internally and with other professionals 101 DIP Budget Process Management Negotiate with lenders regarding DIP loan funding, reporting and compliance matters

102 Cash Management

Forecasting, planning and controlling cash and cash position, and analyzing cash variance from forecast, including reconciliation of all cash receipts, disbursements, and transfers of cash with respect to the Debtors and their non-Debtor management companies

103 Communication with Interested Parties

Meetings / discussions with constituent groups and their advisors regarding restructuring issues, review operating performance, debate reorganization proposals and alternatives, build awareness of impending issues, seek approval of various initiatives, and address questions and concerns.

104 U.S. Trustee / Court Reporting Requirements Meeting with US Trustee regarding operating reports and other matters, including MORs, OCP caps

105 Business Operations and Analysis

Issues related to debtor-in-possession operating in chapter 11 such as employee, vendor, tenant issues and other similar problems. Includes activities related to interim management

106 Asset Disposition Formulation of various strategies and work plan to dispose of assets

107 Executory Contracts

Analyzing executory contracts in order to determine the appropriate course of action to protect the Estates' best interests. Preparing and reviewing related motions, applications, orders, stipulations and attending hearings related thereto.

108 Claims Administration Specific claim inquiries; bar date motions; analyses, objections and allowances of claims. 109 Fee Statements and Fee Applications Preparation of monthly staffing reports for self or review ofothers; support motions to establish interim procedures.

110 Retention and Engagement Administration

Preparations of employment retention applications for self or review of others; support motions to establish interim procedures.

111 Litigation

Attention to adversarial matters being addressed by the bankruptcy court or some other venue where the company is either the plaintiff or defendant

129 Non-Working Travel Time Non-working travel time billed at 50% of Applicant’s regular hourly rates.

(13)

ZOLFO COOPER MANAGEMENT, LLC

Exhibit C

Detailed Description of Fees, Hours and Descriptions by Matter Category

(14)

Welded Construction, L.P. 26933 Eckel Road

Perrysburg, OH 43551

Invoice # 2111300-1

Re: Planning and Coordination Client/Matter # 012255.00100

Date Consultant Description of Services Hours

01/02/19 AR Call with YCST re equipment leases 0.60 01/02/19 AR Review outstanding items and key priorities for Welded

team 0.90

01/02/19 AR Read and respond to email correspondence re business and case updates

0.60 01/02/19 FP Work planning and communications with project team

and Welded management re: open issues and key priorities

1.10

01/02/19 SC Meeting with Irontrax on proposals. 0.50 01/03/19 SC Drafted emails, checked availability and set up times with

Liquidators, Welded and APS 3.90

01/03/19 SC Conference with A. Mack, M. Van Sciver and E. Richardsville (all Welded) on PACCAR issues

1.10 01/03/19 FP Work planning and communications with project team

and finance team

1.10 01/03/19 AR Read and respond to email correspondence re business

and case updates

1.00 01/04/19 AR Read and respond to various email correspondence re:

business and case updates 1.20

01/04/19 FP Follow-up discussions on resources 0.30 01/04/19 FP Follow-up discussions with team and Welded staff re:

payment of post-petition invoices and critical vendor claims

1.30

01/04/19 SC Coordinated meetings and discussions for liquidator meetings.

2.80 01/04/19 SC Updated Cat Financial equipment locations to send to

vendor. 3.20

01/04/19 SC Caterpillar Financial Invoice reconciliation 1.30 01/07/19 SC Meeting with E. Richardsville (Welded) and D. Wott

(Welded) on equipment 1.80

01/07/19 SC Compiled data for UCC diligence requests. 1.70 01/07/19 AR Call with S.Cherian (APS), B. Feldman and R. Poppiti

(both YCST) re: UCC discovery 0.50

01/07/19 AR Read and respond to email correspondence re case and

business updates 0.80

(15)

Welded Construction, L.P. 26933 Eckel Road

Perrysburg, OH 43551

Invoice # 2111300-1

Re: Planning and Coordination Client/Matter # 012255.00100

Date Consultant Description of Services Hours

01/07/19 SC Call with A. Ralph (APS), B. Feldman and R. Poppiti (both

YCST) re: UCC discovery 0.50

01/08/19 SC Meeting with Welded, F.Pometti, R.Wondwosen, A.Ralph,

N.Jabin (all APS) re ETP process planning 1.10 01/08/19 RGW Meeting with Welded, F.Pometti, S.Cherian, A.Ralph,

N.Jabin (APS) re ETP process planning 1.10 01/08/19 NJ Meeting with Welded, F.Pometti, S.Cherian, A.Ralph,

R.Wondwosen (APS) re ETP process planning

1.10 01/08/19 NJ Discussed with Welded re: where to best find ASR

invoices

0.50 01/08/19 AR Meeting with Welded, F.Pometti, S.Cherian, N.Jabin,

R.Wondwosen (APS) re process planning 1.30 01/08/19 AR Review draft of communications and processes for ETP

settlement 0.90

01/08/19 FP Work planning with project team and issue prioritization 1.40 01/08/19 SC Updating equipment tracker for locations 3.00 01/09/19 SC Looking through Cat Fin First 60 Day Invoices 3.20

01/09/19 AR Update illustrative exit timeline 0.40

01/09/19 AR Review equipment leases and payments with F.Pometti and S.Cherian (APS)

2.50 01/09/19 AR Review ETP settlement and send note to Welded for

invoicing 0.40

01/09/19 AR Meeting with Welded, YCST and F.Pometti, R.Wondwosen,

S.Cherian and N.Jabin (all APS) re: ETP process planning 1.00 01/09/19 AR Read and respond to email correspondence re business

and case updates 1.10

01/09/19 NJ Communicated with Welded (Peters and Kelly) about payroll actuals

1.50 01/09/19 NJ Meeting with Welded, YCST and F.Pometti, R.Wondwosen,

S.Cherian and A.Ralph (all APS) re: ETP process planning

1.10 01/09/19 FP Call with YCST (S. Beach) re: hearing and work planning 1.10 01/09/19 RGW Meeting with Welded, YCST and F.Pometti, S.Cherian,

N.Jabin and A.Ralph (APS) re: ETP process planning

0.90 01/09/19 SC Meeting with Welded, YCST and F.Pometti, R.Wondwosen,

N.Jabin and A.Ralph (all APS) re: ETP process planning 1.00

(16)

Welded Construction, L.P. 26933 Eckel Road

Perrysburg, OH 43551

Invoice # 2111300-1

Re: Planning and Coordination Client/Matter # 012255.00100

Date Consultant Description of Services Hours

01/09/19 SC Call with TransCanada and A.Ralph and R.Wondwosen

(APS) re weekly project status and open items 1.00 01/09/19 SC Call with UCC advisors (Teneo) and A.Ralph, F.Pometti,

R.Wondwosen, N.Jabin (all APS) re: status of claims resolution and settlement process

1.00

01/10/19 SC Prepare and participate in advisor call with Welded, YCST and A.Ralph, F.Pometti, R.Wondwosen, N.Jabin (all APS)

1.00 01/10/19 SC Prep for and conduct meeting with F.Pometti and A.Ralph

(APS), Welded management and third party regarding Welded's asset sale process; morning

1.50

01/10/19 AR Advisor call with Welded, YCST and F. Pometti, S. Cherian, R. Wondwosen, N. Jabin (APS)

0.50 01/10/19 AR Call with MXP field team, R.Wondwosen (APS) re

forecasts

0.50 01/10/19 AR Preparation and participation in call with YCST,

D.McDowell (Welded), F.Pometti (APS) re insurance 1.00 01/10/19 FP Prepare and participate in advisor call with Welded, YCST

and A.Ralph, S.Cherian, R.Wondwosen, N.Jabin (all APS) 0.70 01/10/19 FP Planning call with S. Beach (YCST) 0.90 01/10/19 SC Meeting with D. Wott (Welded) on PACCAR inspections

and pickups 1.60

01/11/19 AR Call with Welded and F.Pometti and N.Jabin (APS) re ASR reconciliation

0.80 01/11/19 AR Read and respond to email correspondence re business

operations and case updates

0.80 01/11/19 FP Call with Welded and A.Ralph and N.Jabin (APS) re ASR

reconciliation 0.80

01/11/19 NJ Analyzed ETP invoices to check if they were pre or

post-petition 2.30

01/11/19 NJ Call with Welded and A.Ralph and F.Pometti (APS) re ASR

reconciliation 0.50

01/14/19 NJ Call with ASR team (Hallowell, Hines) and A. Ralph (APS) 1.30 01/14/19 AR Advisor call with YCST, Welded, F.Pometti, N.Jabin,

R.Wondwosen, S.Cherian (APS) 0.50

01/14/19 AR Call with ASR field team (Hallowell, Hines), Welded management and N.Jabin (APS)

1.30

(17)

Welded Construction, L.P. 26933 Eckel Road

Perrysburg, OH 43551

Invoice # 2111300-1

Re: Planning and Coordination Client/Matter # 012255.00100

Date Consultant Description of Services Hours

01/14/19 AR Read and respond to email correspondence re case

updates and operations 0.80

01/14/19 FP Review and comment on court hearing status update

materials 0.70

01/14/19 SC Advisor call with YCST, Welded, A.Ralph, N.Jabin,

F.Pometti, R.Wondwosen (APS) 1.00

01/15/19 SC Prepare and participate in meeting with equipment advisor, Welded and A.Ralph (APS) re sale process

1.50 01/15/19 SC Sales Process Meeting Debrief with Welded 1.00 01/15/19 SC Updating liquidator economic analysis 3.10

01/15/19 SC Creating liquidator presentation. 2.10

01/15/19 NJ Reviewed ASR reconciliation sent my project team, and

broke out included and excluded equipment 3.90 01/15/19 AR Call with YCST re rejection motion and other equipment

issues 1.00

01/15/19 AR Telephonic Court Hearing 0.70

01/15/19 AR Read and respond to email correspondence re case

updates and operations 1.20

01/16/19 AR Preparation and participation in call with S. Hawkins (Welded), S. Beach (YCST) and F.Pometti (APS) re: case status and prep for board call

0.70

01/16/19 AR Call with D.McDowell and F.Pometti (APS) re: ASR

reconciliation 0.50

01/16/19 AR Read and respond to email correspondence re case updates and operations

1.20 01/16/19 SC Creating liquidator presentation and analysis 4.10 01/16/19 SC Updated equipment master list for missing Cat Fin

invoices

2.60 01/16/19 FP Call with S. Hawkins re: Williams ASR and ETP

communication

0.30 01/16/19 FP Call with S. Hawkins (Welded), S. Beach (YCST) and A.

Ralph (APS) re: case status and prep for board call 0.30 01/17/19 FP Advisor call with YCST, Welded, A.Ralph, N.Jabin,

R.Wondwosen, S.Cherian (all APS) re: case status 0.60 01/17/19 AR Advisor call with YCST, Welded, F.Pometti, N.Jabin, 0.50

(18)

Welded Construction, L.P. 26933 Eckel Road

Perrysburg, OH 43551

Invoice # 2111300-1

Re: Planning and Coordination Client/Matter # 012255.00100

Date Consultant Description of Services Hours

R.Wondwosen, S.Cherian (APS) re: case status

01/17/19 SC Creating lease materials for liquidator data site 3.40 01/17/19 SC Review 3rd party advisor presentations and discuss with

YCST

0.50 01/17/19 SC Advisor call with YCST, Welded, F.Pometti, N.Jabin,

R.Wondwosen, A.Ralph (all APS) re: case status 1.00 01/17/19 SC Review asset sale procedures and legal documents 0.50 01/17/19 SC Meeting with M. Van Sciver (Welded), J. Kozlowski and

PACCAR on equipment inspection scheduling and returns 1.00 01/17/19 AR Read and respond to email correspondence re case

updates and operations 1.00

01/17/19 SC Meeting with L. Markle (PACCAR) on PACCAR pick ups 1.00 01/18/19 AR Meeting with F.Pometti and S.Cherian (APS) re sale

process, equipment and cash flow 1.00

01/18/19 SC Leased equipment meeting with F. Pometti (APS) and YCST

0.50 01/18/19 AR Read and respond to email correspondence re case

updates and operations

1.20 01/21/19 RGW Preparation and participation in advisor call with S.Beach,

B.Feldman, R.Poppiti, A.Mielke, T.Parouk (all YCST), S.Hawkins, D.McDowell, A.Mack, J.Krzysztofik (all Welded), F.Pometti, N.Jabin, A.Ralph, S.Cherian (all APS)

1.10

01/21/19 SC Preparation and participation in advisor call with S.Beach, B.Feldman, R.Poppiti, A.Mielke, T.Parouk (all YCST), S.Hawkins, D.McDowell, A.Mack, J.Krzysztofik (all Welded), F.Pometti, N.Jabin, A.Ralph, R.Wondwosen (all APS)

1.10

01/21/19 SC Review Cat Fin invoices first 60 days and updating analysis

2.60 01/21/19 SC Creating liquidator materials for data site 2.40 01/21/19 AR Advisor call with S.Beach, B.Feldman, R.Poppiti, A.Mielke,

T.Parouk (all YCST), S.Hawkins, D.McDowell, A.Mack, J.Krzysztofik (all Welded), F.Pometti, N.Jabin,

R.Wondwosen, S.Cherian (all APS)

0.50

01/22/19 AR Call with M.Lunn, R.Poppiti (YCST), F.Pometti and S.Cherian (APS) re: equipment/liquidator call

0.50

(19)

Welded Construction, L.P. 26933 Eckel Road

Perrysburg, OH 43551

Invoice # 2111300-1

Re: Planning and Coordination Client/Matter # 012255.00100

Date Consultant Description of Services Hours

01/22/19 AR Call with B.Feldman, R.Poppiti, (YCST), S.Cherian (APS)

re UCC diligence 0.50

01/22/19 AR Call B.Feldman, (YCST), T.Xu (APS) re ETP claims status 0.50 01/22/19 AR Discuss equipment sale comparables with business

intelligence unit 0.50

01/22/19 AR Read and respond to email correspondence re case

updates and operations 1.50

01/22/19 SC Updated equipment tracker based on new location data 2.40 01/22/19 SC Preparation and participation in call with YCST (M. Lunn,

R Poppitti) and APS (A Ralph, S Cherian) re asset sale process

1.00

01/22/19 SC Follow-up call with Welded and YCST re: equipment and liquidation

0.50 01/22/19 FP Work planning and discussions with Welded advisors and

management 0.80

01/22/19 FP Call with APS (A Ralph, S Cherian) re asset sale process 0.40 01/22/19 FP Discussions with D McDowell re: critical open items and

next steps 0.70

01/23/19 FP Weekly ETP claim settlement team call 0.60 01/23/19 FP Internal APS discussion (A. Ralph, T. Xu) re: ETP AP

invoice reconciliation process 0.80

01/23/19 FP Follow-up and discussions with advisors and Welded

management re: open items and key issues 0.90 01/23/19 SC Conducted Precision Pipeline AR analysis 2.10 01/23/19 SC Updated leased purchase price analysis based on Cat fin

invoice analysis 3.30

01/23/19 SC Updated recovery analysis and presentation based on updated leased analysis

2.70 01/23/19 SC Meeting with E. Richardville (Welded) on pre-petition Cat

Fin invoices

0.80 01/23/19 NJ Communicated with YCST (B. Feldman) about Newman

tractor invoices 0.30

01/23/19 NJ Communicated with YCST (T. Pakrouh.) on OCP payments 0.70 01/23/19 AR Call with B.Feldman, T.Parouk (YCST), S.Hawkins,

D.McDowell, J.Krzysztofik (Welded), F.Pometti, T.Xu 0.50

(20)

Welded Construction, L.P. 26933 Eckel Road

Perrysburg, OH 43551

Invoice # 2111300-1

Re: Planning and Coordination Client/Matter # 012255.00100

Date Consultant Description of Services Hours

(APS) re ETP claims settlement

01/23/19 AR Call F.Pometti, T.Xu (APS) re ETP AP invoice reconciliation 0.80 01/23/19 AR Read and respond to email correspondence re case

updates and operations

1.40 01/23/19 AR Call with B.Feldman (YCST) re ETP demobilization claims 0.30 01/24/19 AR Advisor call with S.Beach, B.Feldman, R.Poppiti, A.Mielke,

T.Parouk (YCST), S.Hawkins, D.McDowell, A.Mack,

J.Krzysztofik (Welded), F.Pometti, N.Jabin, R.Wondwosen, S.Cherian, T.Xu (APS)

0.60

01/24/19 AR Consumers and ASR reconciliation discussion with K. Colborn (Welded) and N. Jabin (APS)

1.00 01/24/19 AR Call with internal Welded team to review analysis of third

party proposals - Welded (S Hawkins, D McDowell, A Mack, M VanSciver) and APS (F.Pometti, S. Cherian)

1.00

01/24/19 NJ Discussion with Welded (Colbourn) on LXP and MXP payments

0.30 01/24/19 NJ Drafted and emailed Welded on confirming OCP payment 0.40 01/24/19 NJ Weekly Advisor Call with S.Beach, B.Feldman, R.Poppiti,

A.Mielke, T.Parouk (YCST), S.Hawkins, D.McDowell, A.Mack, J.Krzysztofik (Welded), and APS (A. Ralph, S. Cherian, F. Pometti, R. Wondwosen, T. Xu)

0.60

01/24/19 NJ Consumers and ASR reconciliation discussion with Welded (K. Colborn) and APS (A. Ralph)

1.00 01/24/19 NJ Communicated with Welded equipment team on Hail

Trailer invoices 1.20

01/24/19 TX Weekly Advisor Call with S.Beach, B.Feldman, R.Poppiti, A.Mielke, T.Parouk (YCST), S.Hawkins, D.McDowell, A.Mack, J.Krzysztofik (Welded), and APS (A. Ralph, S. Cherian, F. Pometti, R. Wondwosen, N. Jabin)

0.60

01/24/19 RGW Weekly Advisor Call with S.Beach, B.Feldman, R.Poppiti, A.Mielke, T.Parouk (YCST), S.Hawkins, D.McDowell, A.Mack, J.Krzysztofik (Welded), and APS (A. Ralph, S. Cherian, F. Pometti, N. Jabin, T. Xu)

0.60

01/24/19 SC Weekly Advisor Call with S.Beach, B.Feldman, R.Poppiti, A.Mielke, T.Parouk (YCST), S.Hawkins, D.McDowell, A.Mack, J.Krzysztofik (Welded), and APS (A. Ralph, T. Xu, F. Pometti, R. Wondwosen, N. Jabin)

0.60

(21)

Welded Construction, L.P. 26933 Eckel Road

Perrysburg, OH 43551

Invoice # 2111300-1

Re: Planning and Coordination Client/Matter # 012255.00100

Date Consultant Description of Services Hours

01/24/19 SC Call with internal Welded team to review analysis of third party proposals - Welded (S Hawkins, D McDowell, A Mack, M VanSciver) and APS (A.Ralph, F.Pometti)

1.00

01/24/19 FP Weekly Advisor Call with S.Beach, B.Feldman, R.Poppiti, A.Mielke, T.Parouk (YCST), S.Hawkins, D.McDowell, A.Mack, J.Krzysztofik (Welded), and APS (A. Ralph, S. Cherian, R. Wondwosen, N. Jabin, T. Xu)

0.60

01/24/19 FP Discussion with CFO (D McDowell) re: collection of receivables and asset sale process

0.30 01/25/19 FP Call with D.McDowell (Welded), R.Poppotti (YCST) and

A.Ralph (APS) re: insurance

0.50 01/25/19 FP Work planning and discussions with Welded advisors and

management 1.10

01/25/19 SC Call with F. Pometti and A. Ralph (both APS) and YCST re;

Welded equipment sales 0.90

01/25/19 SC Call with YCST (M Lunn and R Poppitti) and A. Ralph and

F. Pometti (APS) to discuss asset sale process and status 1.00 01/25/19 SC Updated lease analysis based on Cat fin invoice analysis 2.40 01/25/19 SC Updated equipment tracker based on updated leased

analysis 2.50

01/25/19 SC Updated liquidation model based on updated leased analysis

2.40 01/25/19 RGW Call with S.Cherian and A. Ralph (both APS) re MXP

project and equipment 0.90

01/25/19 NJ Communicated with legal (YC, Tara P.) on OCP 0.50 01/25/19 AR Call with M.Lunn, R.Poppiti (YCST), F.Pometti and

S.Cherian, (APS) re equipment sale process 1.00 01/25/19 AR Call with D.McDowell (Welded), R.Poppotti (YCST) and

F.Pometti (APS) re: insurance 0.50

01/25/19 AR Read and respond to email correspondence re case

updates and operations 1.20

01/25/19 AR Call R.Wondwosen and S.Cherian (APS) re MXP project and equipment

0.90 01/28/19 NJ Meeting with company (Welded) about LXP and MXP

payments for all post-petition period

0.70 01/28/19 NJ Weekly Advisor Call with S.Beach, B.Feldman, R.Poppiti, 0.60

(22)

Welded Construction, L.P. 26933 Eckel Road

Perrysburg, OH 43551

Invoice # 2111300-1

Re: Planning and Coordination Client/Matter # 012255.00100

Date Consultant Description of Services Hours

A.Mielke, T.Parouk (YCST), S.Hawkins, D.McDowell, A.Mack, J.Krzysztofik (Welded), and APS (F. Pometti, A. Ralph, S. Cherian, R. Wondwosen, T. Xu)

01/28/19 RGW Weekly Advisor Call with S.Beach, B.Feldman, R.Poppiti, A.Mielke, T.Parouk (YCST), S.Hawkins, D.McDowell, A.Mack, J.Krzysztofik (Welded) and APS (F. Pometti, A. Ralph, S. Cherian, N. Jabin, T. Xu)

0.60

01/28/19 RGW Attended teleconference with Welded management to discuss status of MXP project in preparation for meetings with TransCanada.

1.60

01/28/19 FP Weekly Advisor Call with S.Beach, B.Feldman, R.Poppiti, A.Mielke, T.Parouk (YCST), S.Hawkins, D.McDowell, A.Mack, J.Krzysztofik (Welded), and APS (A. Ralph, N. Jabin, S. Cherian, R. Wondwosen, T. Xu)

0.60

01/28/19 TX Weekly Advisor Call with S.Beach, B.Feldman, R.Poppiti, A.Mielke, T.Parouk (YCST), S.Hawkins, D.McDowell, A.Mack, J.Krzysztofik (Welded), and APS (F. Pometti, A. Ralph, S. Cherian, R. Wondwosen, N. Jabin)

0.60

01/28/19 AR Advisor call with S.Beach, B.Feldman, R.Poppiti, A.Mielke, T.Parouk (YCST), S.Hawkins, D.McDowell, A.Mack,

J.Krzysztofik (Welded), F.Pometti, N.Jabin, R.Wondwosen, S.Cherian, T.Xu (APS)

0.60

01/28/19 AR Call with MXP field team 0.40

01/28/19 AR Discussion with YCST and T.Xu (APS) re ETP settlement

vendor status update 0.70

01/28/19 SC Prep for and conduct call with third party liquidator and A.Ralph and F.Pometti (APS); morning session

0.50 01/28/19 SC Prep for and conduct call with third party liquidator and

A.Ralph and F.Pometti (APS); afternoon session 0.50 01/28/19 SC Weekly Advisor Call with S.Beach, B.Feldman, R.Poppiti,

A.Mielke, T.Parouk (YCST), S.Hawkins, D.McDowell, A.Mack, J.Krzysztofik (Welded), and APS (F. Pometti, A. Ralph, T. Xu, R. Wondwosen, N. Jabin)

0.60

01/28/19 SC TransCanada/APS - MXP/LXP Weekly Call with A. Ralph (APS), R. Wondwosen (APS), N. Jabin (APS) and TransCanada

0.50

01/28/19 TX Discussion with YCST and A. Ralph (APS) re ETP settlement vendor status update

0.70

(23)

Welded Construction, L.P. 26933 Eckel Road

Perrysburg, OH 43551

Invoice # 2111300-1

Re: Planning and Coordination Client/Matter # 012255.00100

Date Consultant Description of Services Hours

01/29/19 SC Created liquidator materials to be uploaded to data site 2.60 01/29/19 AR Call with S.Beach (YCST), S.Hawkins, D.McDowell,

J.Krzysztofik (Welded), F.Pometti, R.Wondwosen (APS) and MXP field team

1.70

01/29/19 AR Preparation for TransCanada meeting 1.10 01/29/19 AR Read and respond to email correspondence re case

updates and operations 1.20

01/29/19 FP Prep for Board update meeting 1.10

01/30/19 RGW Attended teleconference with APS and Welded

management to discuss various TransCanada issues in preparation for meetings.

1.60

01/30/19 AR Call B.Feldman and A.Mielke (YCST) re claims 0.40 01/30/19 SC Updated side by side of proposal analysis 2.10 01/30/19 SC Updated equipment tracker based on updated location

data from E. Richardville (Welded) 2.90 01/30/19 SC Meeting with F. Pometti (APS), Welded and YCST re:

precision pipeline update

0.50 01/30/19 SC Liquidator proposal update call with F. Pometti (APS) 0.50 01/31/19 SC Weekly Advisor Call with S.Beach, B.Feldman, R.Poppiti,

A.Mielke, T.Parouk (all YCST), S.Hawkins, D.McDowell, A.Mack, J.Krzysztofik (all Welded) and APS (F. Pometti, A. Ralph, T. Xu, N. Jabin, R. Wondwosen)

0.50

01/31/19 SC Call with M.Lunn and R.Poppiti (YCST), A.Ralph (APS) re equipment sale process

0.50 01/31/19 SC Updated liquidation analysis and presentation for Welded

internal meeting 3.10

01/31/19 SC Update tracking of equipment invoices and rejections and

discuss with F.Pometti (APS) 2.60

01/31/19 SC Created rejection schedules 2.40

01/31/19 SC Updated equipment tracker based on rejections and

updated location data 2.60

01/31/19 AR Advisor call with S.Beach, B.Feldman, R.Poppiti, A.Mielke, T.Parouk (all YCST), S.Hawkins, D.McDowell, A.Mack, J.Krzysztofik (all Welded), F.Pometti, N.Jabin,

R.Wondwosen, S.Cherian, T.Xu (all APS)

0.60

01/31/19 AR Call with S.Beach, B.Feldman, R.Poppiti, A.Mielke, 0.80

(24)

Welded Construction, L.P. 26933 Eckel Road

Perrysburg, OH 43551

Invoice # 2111300-1

Re: Planning and Coordination Client/Matter # 012255.00100

Date Consultant Description of Services Hours

T.Parouk (YCST), F.Pometti and T.Xu (APS) re ETP claimants

01/31/19 AR Calls with ASR field team and D.McDowell (Welded) 1.30 01/31/19 AR Read and respond to email correspondence re case

updates and operations 1.40

01/31/19 AR Call with Welded, insurance broker and R.Wondwosen

(APS) re: equipment insurance claims for MXP project 0.50 01/31/19 AR Call with M.Lunn and R.Poppiti (YCST), S.Cherian (APS)

re equipment sale process

0.50 01/31/19 TX Weekly Advisor Call with S.Beach, B.Feldman, R.Poppiti,

A.Mielke, T.Parouk (all YCST), S.Hawkins, D.McDowell, A.Mack, J.Krzysztofik (all Welded) and APS (F. Pometti, A. Ralph, S. Cherian, N. Jabin, R. Wondwosen)

0.50

01/31/19 TX Call with S.Beach, B.Feldman, R.Poppiti, A.Mielke, T.Parouk (YCST), F.Pometti and A.Ralph (APS) re ETP claimants

0.80

01/31/19 RGW Weekly Advisor Call with S.Beach, B.Feldman, R.Poppiti, A.Mielke, T.Parouk (all YCST), S.Hawkins, D.McDowell, A.Mack, J.Krzysztofik (all Welded) and APS (F. Pometti, A. Ralph, S. Cherian, N. Jabin, T. Xu)

0.60

01/31/19 RGW Attended teleconference with Welded management to discuss equipment insurance claims for MXP project.

0.50 01/31/19 FP Call with S.Beach, B.Feldman, R.Poppiti, A.Mielke,

T.Parouk (YCST), A.Ralph and T.Xu (APS) re ETP claimants

0.80

01/31/19 FP Weekly Advisor Call with S.Beach, B.Feldman, R.Poppiti, A.Mielke, T.Parouk (all YCST), S.Hawkins, D.McDowell, A.Mack, J.Krzysztofik (all Welded) and APS (A. Ralph, S. Cherian, R. Wondwosen, N. Jabin, T. Xu)

0.60

01/31/19 FP Meeting with R.Wondwosen (APS) and A.Mielke (YCST) to

discuss TC critical vendor process 0.30 01/31/19 FP Meeting/discussions with S. Cherian (APS) to discuss

status of equipment lease payments and rejections

0.40 01/31/19 NJ Weekly Advisor Call with S.Beach, B.Feldman, R.Poppiti,

A.Mielke, T.Parouk (all YCST), S.Hawkins, D.McDowell, A.Mack, J.Krzysztofik (all Welded) and APS (F. Pometti, A. Ralph, S. Cherian, R. Wondwosen, T. Xu)

0.60

(25)

Welded Construction, L.P. 26933 Eckel Road

Perrysburg, OH 43551

Invoice # 2111300-1

Re: Planning and Coordination Client/Matter # 012255.00100

Date Consultant Description of Services Hours

Total Hours 212.30

Case 18-12378-KG Doc 565-4 Filed 03/18/19 Page 13 of 55

(26)

Welded Construction, L.P. 26933 Eckel Road

Perrysburg, OH 43551

Invoice # 2111300-1

Re: Planning and Coordination Client/Matter # 012255.00100

Fee Recap:

Consultant Hours Rate Amount

Tyler Xu 3.20 425.00 1,360.00 Nishat Jabin 19.10 425.00 8,117.50 Robell G Wondwosen 9.50 480.00 4,560.00 Sujay Cherian 106.60 480.00 51,168.00 Andrew Ralph 52.80 725.00 38,280.00 Frank Pometti 21.10 1,015.00 21,416.50

Total Hours & Fees 212.30 124,902.00

(27)

Welded Construction, L.P. 26933 Eckel Road

Perrysburg, OH 43551

Invoice # 2111300-2

Re: DIP Budget Process Management Client/Matter # 012255.00101

Date Consultant Description of Services Hours

01/02/19 AR Update supplemental DIP budget model and review interest payments

1.00 01/04/19 AR Update DIP budget for expected payments 0.90 01/07/19 AR Update DIP budget model for updated payment

assumptions

2.50 01/07/19 AR Update DIP weekly presentation to DIP lenders and UCC 0.60 01/11/19 AR Review DIP budget and update for equipment payments

and professional fees

0.90

01/14/19 AR Update DIP budget model 2.60

01/14/19 AR Update DIP budget presentation 1.20

01/18/19 AR Review DIP budget 0.80

01/21/19 AR Update DIP budget model 2.20

01/21/19 AR Update DIP budget presentation 2.00

01/24/19 FP Follow-up to DIP lender inquiries 0.30

01/25/19 AR Review DIP credit agreement and authorization for proceeds procedure

1.20

01/25/19 AR Update professional fee forecast 0.60

01/28/19 AR Update DIP budget presentation 1.50

01/28/19 AR Update DIP budget model 2.20

01/31/19 AR Update DIP budget model 2.60

Total Hours 23.10

(28)

Welded Construction, L.P. 26933 Eckel Road

Perrysburg, OH 43551

Invoice # 2111300-2

Re: DIP Budget Process Management Client/Matter # 012255.00101

Fee Recap:

Consultant Hours Rate Amount

Andrew Ralph 22.80 725.00 16,530.00

Frank Pometti 0.30 1,015.00 304.50

Total Hours & Fees 23.10 16,834.50

(29)

Welded Construction, L.P. 26933 Eckel Road

Perrysburg, OH 43551

Invoice # 2111300-3

Re: Cash Management Client/Matter # 012255.00102

Date Consultant Description of Services Hours

01/02/19 AR Review proposed check run and other payments 1.00 01/03/19 AR Review check run and allocate invoices to specific project 2.00 01/03/19 AR Discuss cash transfers with Welded management 0.80 01/03/19 AR Review specific vendor check registers for payments 0.80 01/03/19 AR Review invoices for OCP and discuss with YCST 0.30 01/03/19 SC Went through CFSC invoices that were submitted to code

them to project or label rejected.

3.20

01/04/19 FP Review cash forecast 0.70

01/04/19 AR Reconcile cash activity for make up cash transfers 2.20 01/04/19 AR Discuss cash forecast with MXP field team 0.50

01/04/19 NJ Updated weekly cash 3.20

01/07/19 NJ Reviewed weekly transactions for cash file 2.10 01/07/19 NJ Tracked all cash activities for the week to update DIP

variance 2.60

01/07/19 AR Review cash activity and budget to actuals reporting 2.80 01/07/19 AR Meeting with H.Peters and K.Colborn (Welded) and

N.Jabin (APS) re cash transfers

0.60 01/07/19 NJ Meeting with H.Peters and K.Colborn (Welded) and A.

Ralph (APS) re cash transfers 0.60

01/08/19 FP Review cash flow projections and update summary of

payments made to date 0.90

01/08/19 AR Review check run and invoices by project 3.20 01/08/19 AR Review miscellaneous expenses approved to be paid 0.40

01/08/19 AR Review equipment invoices 1.20

01/08/19 AR Review cash activity and update for true-ups 1.20 01/08/19 NJ Reviewed consumers invoices for vendors owed less than

100K to make payments 4.30

01/08/19 NJ Reviewed cash for consumers account for imbalances in

account 3.20

01/08/19 NJ Consolidated all check run invoice to prepare for review 2.30 01/08/19 NJ Reviewed consumers and ETP invoices for check run 0.80 01/09/19 NJ Reviewed ASR transactions for check run for post-petition 3.20 01/09/19 AR Review cash file and cash transactions for true ups 2.40

(30)

Welded Construction, L.P. 26933 Eckel Road

Perrysburg, OH 43551

Invoice # 2111300-3

Re: Cash Management Client/Matter # 012255.00102

Date Consultant Description of Services Hours

01/09/19 FP Complete and review analysis of pre-petition funding and

remaining balances for select projects 1.30 01/10/19 AR Review cash file and cash transactions 1.80 01/10/19 NJ Analyzed payroll for weeks in November and December

for ASR including Union due true up 2.70 01/10/19 NJ Analyzed payroll for weeks in November and December

for Consumers including Union due true up 1.20

01/10/19 NJ Updated daily cash for the 1/09 1.20

01/11/19 NJ Analyzed Express 4X4 invoices for all of November to understand which invoices where included in AP statement and what was missing

4.50

01/11/19 NJ Consolidated all ASR payment from petition date to 1/11 including check batch numbers

2.50 01/11/19 AR Review cash transactions and summarize true up

amounts owed 2.20

01/11/19 AR Update professional fee payment file and submit to

Welded 1.80

01/11/19 SC Create analysis of Cat Fin invoices outstanding and

upcoming due dates 3.60

01/12/19 NJ Analyzed ETP invoices to check if they were pre or post-petition

3.50 01/13/19 NJ Analyzed all projects invoices to check if they were pre or

post-petition 2.00

01/14/19 NJ Updated cash for the prior week for DIP variance 3.30 01/14/19 NJ Analysed ASR payments for all spreads including check

dates 2.30

01/14/19 NJ Reviewed restructuring fees and payroll 1.10 01/14/19 AR Review cash activity and budget to actuals reporting 2.50 01/15/19 AR Analyze vendor payments and direct Welded for

additional check approvals

1.20

01/15/19 NJ Updated daily cash for board cash 1.60

01/15/19 NJ Consolidated invoices by project for check run 1.50 01/15/19 NJ Reviewed cash for TransCanada for reconciliation 1.20 01/15/19 NJ Consolidated and reviewed all ASR invoices and

categorized as included and excluded equipment for 3.10

(31)

Welded Construction, L.P. 26933 Eckel Road

Perrysburg, OH 43551

Invoice # 2111300-3

Re: Cash Management Client/Matter # 012255.00102

Date Consultant Description of Services Hours

reconciliation

01/16/19 NJ Updated daily cash 1.10

01/16/19 NJ Reviewed payments from petition date to present for ASR invoices for project end reconciliation

4.10 01/16/19 NJ Reviewed reference numbers for duplicate payments from

petition date to present for ASR project end reconciliation 2.10 01/16/19 NJ Reviewed credit memos for ASR processed AP for

reconciliation 2.30

01/16/19 NJ Reviewed unprocessed AP and accruals for ASR recon. 1.90

01/17/19 NJ Updated daily cash for board cash 1.20

01/17/19 AR Review cash activity for project specific forecasts 0.80 01/17/19 AR Review weekly check run invoices and approve payments 2.40

01/18/19 NJ Updated daily cash for DIP cash 2.10

01/18/19 SC Review of cat fin first 60 day invoices for payment 2.60

01/21/19 NJ Updated daily cash for DIP cash 3.20

01/22/19 NJ Updated daily cash for DIP cash 2.40

01/23/19 NJ Reviewed LXP cash activities to send report to

TransCanada for cash balance 2.40

01/23/19 NJ Updated daily cash for DIP cash 1.90

01/23/19 NJ Updated cash model to increase weeks on the DIP reports and ensures the numbers are following correctly

3.40 01/24/19 AR Review cash call for MXP project and cash balances 0.60 01/24/19 AR Review check run and proposed invoices to be paid 1.00 01/24/19 NJ Finalized check run for week ending 1/27 1.40

01/24/19 NJ Updated daily cash for DIP cash 1.20

01/25/19 NJ Updated daily cash for DIP cash 1.20

01/25/19 NJ Reviewed invoices for ETP to know whether they are pre

or post-petition 4.10

01/28/19 NJ Updated daily cash for DIP cash to updated weekly variance report

3.70 01/28/19 AR Review cash activity and budget to actuals reporting 1.00

01/28/19 FP Review and finalize DIP budget 0.80

01/29/19 AR Review cash activity and cash balances 1.00

(32)

Welded Construction, L.P. 26933 Eckel Road

Perrysburg, OH 43551

Invoice # 2111300-3

Re: Cash Management Client/Matter # 012255.00102

Date Consultant Description of Services Hours

01/29/19 NJ Updated daily cash for DIP cash 1.30

01/29/19 NJ Reconciled cash model to correct overstated tax payment for total tax paid in December

1.60 01/30/19 SC Review rental invoices to help processing 3.20 01/31/19 FP Review liquidity forecast and refine go forward estimates 2.30

01/31/19 NJ Updated weekly cash 1.20

Total Hours 152.10

(33)

Welded Construction, L.P. 26933 Eckel Road

Perrysburg, OH 43551

Invoice # 2111300-3

Re: Cash Management Client/Matter # 012255.00102

Fee Recap:

Consultant Hours Rate Amount

Nishat Jabin 97.80 425.00 41,565.00

Sujay Cherian 12.60 480.00 6,048.00

Andrew Ralph 35.70 725.00 25,882.50

Frank Pometti 6.00 1,015.00 6,090.00

Total Hours & Fees 152.10 79,585.50

(34)

Welded Construction, L.P. 26933 Eckel Road

Perrysburg, OH 43551

Invoice # 2111300-4

Re: Communication with Interested Parties Client/Matter # 012255.00103

Date Consultant Description of Services Hours

01/02/19 FP Call with YCST (S. Beach) and UCC Advisors (J. Lucian, C. Boguslaski and O. Stevens) re: vendors claims and consumers contract

0.60

01/03/19 AR Develop responses for UCC questions re the MOR 1.50 01/03/19 AR Update claims summary for UCC diligence 1.20 01/03/19 FP Follow-up with Teneo (UCC) re: status of pre-petition

claims paid to date

0.50 01/03/19 FP Prep for and conduct meetings with Chubb outside

counsel (Sam P.) 2.70

01/04/19 AR Attended weekly teleconference with APS, YCST, and

Welded management to discuss status of project. 0.90 01/04/19 FP Welded project team bi-weekly advisor update call 0.90 01/04/19 RGW Attended weekly teleconference with APS, YCST, and

Welded management to discuss status of project. 0.90 01/04/19 SC Attended weekly teleconference with APS, YCST, and

Welded management to discuss status of project. 0.90 01/04/19 NJ Attended weekly teleconference with APS, YCST, and

Welded management to discuss status of project.

0.90 01/07/19 FP Call with Gibson Dunn and YCST re: UCC information

requests 0.70

01/07/19 AR Call with DIP lenders 0.50

01/08/19 AR Review questions from ETP counsel 0.60

01/09/19 NJ Review old check run and respond to T. Pakrouh (YCST) email re. Express 4X4 payments

2.10 01/09/19 NJ Call with UCC advisors (Teneo) and A.Ralph, S.Cherian,

R.Wondwosen, F.Pometti (APS) re: status of claims resolution and settlement process

1.00

01/09/19 AR Call with TransCanada and R.Wondwosen and S.Cherian (APS) re weekly project status and open items

0.50 01/09/19 AR Call with YCST and Berkshire Hathaway 0.30 01/09/19 AR Call with UCC advisors (Teneo) and F.Pometti, S.Cherian,

R.Wondwosen, N.Jabin (APS) re: status of claims resolution and settlement process; left call early

0.50

01/09/19 AR Call with DIP lenders 0.50

01/09/19 AR Review ETP process and communications 0.80

(35)

Welded Construction, L.P. 26933 Eckel Road

Perrysburg, OH 43551

Invoice # 2111300-4

Re: Communication with Interested Parties Client/Matter # 012255.00103

Date Consultant Description of Services Hours

01/09/19 FP Call with UCC advisors (Teneo) and A.Ralph, S.Cherian, R.Wondwosen, N.Jabin (APS) re: status of claims resolution and settlement process

1.10

01/09/19 RGW Attended teleconference with TransCanada and Welded management to discuss MXP project payroll diligence requests

0.90

01/09/19 RGW Call with UCC advisors (Teneo) and A.Ralph, F.Pometti, S.Cherian, N.Jabin (APS) re: status of claims resolution and settlement process

1.20

01/09/19 RGW Call with TransCanada and A.Ralph and S.Cherian (APS) re weekly project status and open items

1.10 01/10/19 RGW Attended weekly teleconference with APS, YCST

attorneys, and Welded management to discuss status of project.

0.90

01/10/19 AR Meetings with F.Pometti and S.Cherian (APS), Welded management and third party regarding Welded's asset sale process

3.00

01/10/19 AR Review and send cash flow actuals and forecasts to Teneo 0.80 01/14/19 FP Advisor call with YCST, Welded, A.Ralph, N.Jabin,

R.Wondwosen, S.Cherian (APS) 0.90

01/14/19 RGW Advisor call with YCST, Welded, A.Ralph, N.Jabin,

F.Pometti, S.Cherian (APS) 1.10

01/15/19 AR Meet with equipment advisor, Welded and S.Cherian

(APS) re sale process 1.00

01/16/19 AR Call with R.Wondwosen (APS) and TransCanada to discuss status of MXP project.

1.00 01/16/19 AR Call with Teneo re diligence items 0.50 01/16/19 AR Call with equipment advisor and S.Cherian (APS) 0.50 01/16/19 AR Review and gather UCC diligence items 0.70 01/17/19 AR Board Call with Welded, YCST and F.Pometti (APS) 1.00 01/17/19 FP Follow-up call with R Wall regarding information requests;

begin to compile responses 1.40

01/17/19 FP Prepare for and conduct Board update call with Welded,

YCST and A.Ralph (APS) 1.30

01/17/19 RGW Advisor call with YCST, Welded, F.Pometti, N.Jabin, A.Ralph, S.Cherian (APS) re: case status

0.90

(36)

Welded Construction, L.P. 26933 Eckel Road

Perrysburg, OH 43551

Invoice # 2111300-4

Re: Communication with Interested Parties Client/Matter # 012255.00103

Date Consultant Description of Services Hours

01/18/19 AR Call with YCST, D. McDowell and F. Pometti (APS) re

insurance 0.50

01/18/19 NJ Communicated with YCST (T. Parkrouh) for ASR Exoress

4X4 0.40

01/22/19 FP Review status of responses re: UCC information requests 0.40 01/25/19 AR Gather equipment liquidators initial letters of intent and

summary and send to UCC 0.80

01/28/19 AR Call with UCC, F..Pometti and S.Cherian (APS) re

equipment 0.80

01/28/19 AR Call with TransCanada, R.Wondwosen (APS) re status of MXP project

0.70 01/28/19 FP Call with UCC, A.Ralph and S.Cherian (both APS) re

equipment

0.90 01/28/19 SC Call with UCC, F.Pometti and A.Ralph (APS) re equipment 1.00 01/29/19 FP Prep for and conduct meeting with TransCanada 3.60 01/29/19 AR Meeting with S.Beach (YCST), S.Hawkins and

J.Krzysztofik (Welded), F.Pometti (APS), TransCanada and Mayer Brown

1.00

01/30/19 AR Board meeting with S.Beach (YCST), S.Hawkins and

J.Krzysztofik (Welded), F.Pometti (APS) 1.20 01/30/19 AR Call with UCC advisors, YCST ((S Beach, R Poppitti, A

Mielke) and APS (F. Pometti) re: case strategy and case status (partial participation)

0.60

01/30/19 FP Board meeting with S.Beach (YCST), S.Hawkins and

J.Krzysztofik (Welded), A.Ralph (APS) 1.50 01/30/19 FP Call with UCC Advisors, YCST (S Beach, R Poppitti, A

Mielke) and APS (A Ralph) to discuss case status and strategy

1.30

01/30/19 SC Responded and put together materials for UCC diligence

queries 2.40

Total Hours 54.90

(37)

Welded Construction, L.P. 26933 Eckel Road

Perrysburg, OH 43551

Invoice # 2111300-4

Re: Communication with Interested Parties Client/Matter # 012255.00103

Fee Recap:

Consultant Hours Rate Amount

Nishat Jabin 4.40 425.00 1,870.00

Sujay Cherian 4.30 480.00 2,064.00

Robell G Wondwosen 7.00 480.00 3,360.00

Andrew Ralph 21.40 725.00 15,515.00

Frank Pometti 17.80 1,015.00 18,067.00

Total Hours & Fees 54.90 40,876.00

(38)

Welded Construction, L.P. 26933 Eckel Road

Perrysburg, OH 43551

Invoice # 2111300-5

Re: U.S. Trustee / Court Reporting Requirements Client/Matter # 012255.00104

Date Consultant Description of Services Hours

01/02/19 FP Review ETP settlement proffer and declaration in connection with Consumers contract motion

1.80

01/03/19 FP Attend omnibus hearing 1.10

01/07/19 NJ Update DIP in cash model for reporting 1.20

01/09/19 NJ Review bar dates 0.80

01/10/19 NJ Developed DIP report for U.S trustee for DIP supplement

and 13-week 1.40

01/10/19 FP Draft thoughts re: hearing status conference update 0.80

01/15/19 FP Attended hearing via CourtCall 0.90

01/22/19 NJ Updated MOR 1 a for December 1.20

01/25/19 FP Review November staffing report and approve for submission

0.40 01/28/19 NJ Updated MOR 1, MOR 1a and MOR 1b for trustees

reporting for MOR- December 3.10

01/30/19 AR Review MOR cash activity 2.50

01/30/19 AR Review MOR schedules 2 through 5 2.60

01/31/19 AR Review and update final MOR draft 1.80

01/31/19 FP Review draft MOR 0.60

01/31/19 NJ Update MOR 1-5 for MOR January filing 3.40 Total Hours 23.60

(39)

Welded Construction, L.P. 26933 Eckel Road

Perrysburg, OH 43551

Invoice # 2111300-5

Re: U.S. Trustee / Court Reporting Requirements Client/Matter # 012255.00104

Fee Recap:

Consultant Hours Rate Amount

Nishat Jabin 11.10 425.00 4,717.50

Andrew Ralph 6.90 725.00 5,002.50

Frank Pometti 5.60 1,015.00 5,684.00

Total Hours & Fees 23.60 15,404.00

(40)

Welded Construction, L.P. 26933 Eckel Road

Perrysburg, OH 43551

Invoice # 2111300-6

Re: Business Operations and Analysis Client/Matter # 012255.00105

Date Consultant Description of Services Hours

01/02/19 AR Analyze Welded AP balances by project 3.40 01/02/19 RGW Prepared updated reconciliation of MXP project critical

vendor pre-petition invoices. 3.90

01/02/19 RGW Prepared updated reconciliation of MXP project Cherokee Helicopter pre-petition invoices.

2.10 01/02/19 SC Worked on UCC diligence request regarding equity owner

accounts payables and receivables and continuing service agreements

2.70

01/02/19 SC Locating rejected equipment for pick-up per rejection

motions. 2.60

01/02/19 SC Compiled all correspondence with Cat Financial to provide to YCST.

1.00 01/03/19 SC Updated equipment tracker with current information and

location. 1.60

01/03/19 RGW Prepared updated reconciliation of MXP project Pipeline

Machinery pre-petition payments. 3.40

01/03/19 RGW Prepared updated MXP/LXP projects cash forecasts for

week ending Jan-6-2019. 3.80

01/03/19 RGW Performed review of MXP project union dues and benefits for submission to TransCanada.

2.90

01/03/19 AR Review cash call for MXP project 0.70

01/04/19 AR Review MXP cash call forecast and expenses 1.10 01/04/19 FP Follow-up with Welded Finance team re: payment of

pre-petition claims 0.80

01/04/19 FP Discussions re: Williams ASR true-up process 0.70 01/04/19 FP Review project cost forecasts and actuals vs forecast 1.30 01/04/19 RGW Finalized MXP cash forecast and TransCanada funding

request for week ending Jan-6-2019 3.80 01/04/19 RGW Finalized MXP project post-petition check run for week

ending Jan-6-2019. 3.40

01/04/19 RGW Finalized MXP project reconciliation for Newman Tractor pre-petition invoices.

2.40 01/04/19 RGW Finalized MXP project reconciliation for Newman Tractor

post-petition invoices. 1.90

01/05/19 RGW Drafted summary of Ohio CAT pre-petition invoice 3.10

(41)

Welded Construction, L.P. 26933 Eckel Road

Perrysburg, OH 43551

Invoice # 2111300-6

Re: Business Operations and Analysis Client/Matter # 012255.00105

Date Consultant Description of Services Hours

reconciliation initiatives as of Jan-5-2019

01/05/19 SC PACCAR Reconciliation analysis 1.60

01/05/19 SC Worked on Caterpillar Financial lease analysis. 2.90 01/06/19 RGW Finalized MXP project reconciliation of Ohio CAT

pre-petition invoices for submission to TransCanada.

3.90 01/07/19 RGW Performed review of MXP project payroll request for week

ending Jan-06-2019.

3.70 01/07/19 FP Call with Welded Management and YCST to discuss

insurance program and collateral requirements 0.60 01/07/19 SC Updated Equipment tracker for Cross Country, Enviro,

outlaw padding and semi equipment. 2.90 01/07/19 RGW Prepared reconciliation of Outlaw Padding pre-petition

invoices for MXP project. 2.30

01/08/19 RGW Finalized MXP project post-petition check run for week ending Jan-13-2019.

3.80 01/08/19 RGW Performed review of MXP project Pipefitters union dues

for December-2018. 3.80

01/08/19 RGW Prepared reconciliation on Gopher Mats pre-petition

invoices for MXP and LXP projects. 2.40 01/08/19 SC Review post-petition Cat Finance invoices 3.70 01/08/19 AR Review draft of ASR reconciliation 0.60 01/08/19 RGW Attended meeting with Welded management to discuss

post-petition MXP project payroll reconciliation. 1.30 01/09/19 NJ Reviewed ASR invoices (pre-petition) to determine if they

are hauling, repair or damages whether pre or post-petition

4.50

01/09/19 SC Updating equipment tracker for Cat Fin invoices 3.10 01/09/19 RGW Finalized reconciliation of Ohio CAT pre-petition invoices

for LXP project for submission to TransCanada.

3.90 01/09/19 RGW Prepared reconciliation of Pipeline Supply and Service

pre-petition invoices for MXP project. 3.80 01/09/19 RGW Updated MXP pre-/post-petition open items tracker for

TransCanada review. 2.10

01/10/19 RGW Performed update to reconciliation of Cecil I Walker

pre-petition invoices for MXP project. 2.30

(42)

Welded Construction, L.P. 26933 Eckel Road

Perrysburg, OH 43551

Invoice # 2111300-6

Re: Business Operations and Analysis Client/Matter # 012255.00105

Date Consultant Description of Services Hours

01/10/19 RGW Prepared equipment tracking information for Pipeline

Machinery pre-petition invoices per TransCanada request. 3.90 01/10/19 SC Meeting with E. Richardville (Welded) on Equipment

updates 2.90

01/10/19 SC Sorting through post-petition invoices 2.20 01/10/19 FP Call with YCST, D.McDowell (Welded), A.Ralph (APS) re

insurance 0.70

01/10/19 RGW Attended weekly teleconference with APS and Welded

management to discuss status of MXP project. 0.60 01/11/19 RGW Prepared reconciliation of Ohio CAT post-petition invoices

for MXP project

3.80 01/11/19 RGW Finalized MXP project post-petition check run for week

ending Jan-13-2019.

3.70 01/11/19 RGW Updated TransCanada pre-petition tracker for latest

critical vendor reconciliations and payments. 2.80 01/14/19 RGW Prepared MXP project post-petition check run for week

ending Jan-20-2019. 3.40

01/14/19 SC Going through pre-petition Cat Fin invoices 3.40 01/14/19 RGW Performed review of MXP project payroll request for week

ending Jan-13-2019. 3.80

01/14/19 NJ Reviewed ETP vendors for AP for any vendor owed greater than 50K

1.30 01/14/19 NJ Updated contact information for ETP 1.10

01/15/19 NJ Call with T. Xu (APS) re: ETP 0.20

01/15/19 NJ Reviewed pre/post invoices for all projects 3.10 01/15/19 NJ Updated ETP address for servicing rejection motion 1.30 01/15/19 NJ Reported ASR reconciliation for each spread for project 1.30

01/15/19 TX Call with N. Jabin (APS) re: ETP 0.20

01/15/19 TX Prepared analysis on AP and invoice reconciliation 3.40

01/15/19 AR Update ASR Project Reconciliation 5.50

01/15/19 AR Review ASR reconciliation 2.50

01/15/19 RGW Prepared reconciliation of outstanding Cleveland Brothers

post-petition invoices for MXP project. 3.70 01/15/19 RGW Prepared updated MXP and LXP cash forecast in 3.90

(43)

Welded Construction, L.P. 26933 Eckel Road

Perrysburg, OH 43551

Invoice # 2111300-6

Re: Business Operations and Analysis Client/Matter # 012255.00105

Date Consultant Description of Services Hours

preparation for meetings with TransCanada. 01/15/19 RGW Drafted summary of key post-petition issues for

equipment vendors in preparation for meetings with TransCanada.

2.70

01/16/19 RGW Prepared equipment tracking information for Cleveland Brothers post-petition invoices per TransCanada request.

3.90 01/16/19 RGW Finalized reconciliation of Outlaw Padding pre-petition

invoices for MXP project

3.70 01/16/19 RGW Updated MXP project post-petition check run for week

ending Jan-20-2019 for additional Cleveland Brothers invoices.

2.40

01/16/19 SC Sorting through Cat Fin first 60 day lease invoices 2.80 01/16/19 SC Update MXP equipment tracker for project related

expenses 1.00

01/16/19 AR Call with T.Xu (APS) re vendor reconciliation 0.80 01/16/19 AR Review and update ASR reconciliation 2.50 01/16/19 RGW Attended teleconference with TransCanada and APS to

discuss payroll true up for MXP project. 1.10 01/16/19 RGW Prepare for and host weekly teleconference with A.Ralph

(APS) and TransCanada to discuss status of MXP project. 1.20 01/16/19 TX Discussion with A. Ralph (APS) re: ETP vendor invoice

reconciliation

0.80 01/16/19 TX Prepared analysis on AP and invoice reconciliation 4.20 01/16/19 TX Updated analysis on AP and invoice reconciliation 4.40 01/16/19 FP Call with D.McDowell and A.Ralph (APS) re: ASR

reconciliation

0.70 01/17/19 RGW Host weekly teleconference with Welded management re:

status of MXP project.

0.70 01/17/19 NJ Reviewed GA invoices to complete check run 2.10 01/17/19 NJ Reviewed Consumers invoices for weekly check run 1.30 01/17/19 NJ Reviewed ASR invoices for weekly check run 0.50 01/17/19 RGW Prepared updated MXP and LXP cash activity summary

and forecast for funding request through week ending Feb-10-2019.

3.80

01/18/19 RGW Finalized MXP project post-petition check run for week 3.80

References

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