NYI-4179615v5 JONES DAY 222 East 41st Street New York, New York 10017 Telephone: (212) 326-3939 Facsimile: (212) 755-7306 Corinne Ball Veerle Roovers JONES DAY North Point 901 Lakeside Avenue Cleveland, Ohio 44114 Telephone: (216) 586-3939 Facsimile: (216) 579-0212 David G. Heiman JONES DAY 1420 Peachtree Street, N.E. Suite 800 Atlanta, Georgia 30309 Telephone: (404) 521-3939 Facsimile: (404) 581-8309 Jeffrey B. Ellman Proposed Attorneys for Debtors and Debtors in Possession UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF NEW YORK --------------------------------------------------------------- In re Chrysler LLC, et al., Debtors. --------------------------------------------------------------- x : : : : : : : x Chapter 11 Case No. 09-50002 (AJG) (Jointly Administered) APPLICATION OF DEBTORS AND DEBTORS IN POSSESSION, PURSUANT TO SECTIONS 327(a), 328(a), 329(a) AND 364 OF THE BANKRUPTCY CODE, BANKRUPTCY RULES 2014(a) AND 2016(b) AND LOCAL BANKRUPTCY RULES 2014-1 AND 2016-1, FOR AN ORDER AUTHORIZING THEM TO RETAIN AND EMPLOY JONES DAY AS COUNSEL, NUNC PRO TUNC AS OF THE PETITION DATE
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NYI-4179615v5
JONES DAY 222 East 41st Street New York, New York 10017 Telephone: (212) 326-3939 Facsimile: (212) 755-7306 Corinne Ball Veerle Roovers JONES DAY North Point 901 Lakeside Avenue Cleveland, Ohio 44114 Telephone: (216) 586-3939 Facsimile: (216) 579-0212 David G. Heiman JONES DAY 1420 Peachtree Street, N.E. Suite 800 Atlanta, Georgia 30309 Telephone: (404) 521-3939 Facsimile: (404) 581-8309 Jeffrey B. Ellman Proposed Attorneys for Debtors and Debtors in Possession
UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF NEW YORK --------------------------------------------------------------- In re Chrysler LLC, et al.,
Chapter 11 Case No. 09-50002 (AJG) (Jointly Administered)
APPLICATION OF DEBTORS AND DEBTORS IN POSSESSION, PURSUANT TO SECTIONS 327(a), 328(a), 329(a) AND 364 OF
THE BANKRUPTCY CODE, BANKRUPTCY RULES 2014(a) AND 2016(b) AND LOCAL BANKRUPTCY RULES 2014-1 AND 2016-1, FOR
AN ORDER AUTHORIZING THEM TO RETAIN AND EMPLOY JONES DAY AS COUNSEL, NUNC PRO TUNC AS OF THE PETITION DATE
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TO THE HONORABLE UNITED STATES BANKRUPTCY JUDGE:
Chrysler LLC ("Chrysler") and 24 of its domestic direct and indirect subsidiaries,
as debtors and debtors in possession (collectively with Chrysler, the "Debtors"), respectfully
represent as follows:
Background
1. On the date hereof (the "Petition Date"), the Debtors commenced their
reorganization cases by filing voluntary petitions for relief under chapter 11 of title 11 of the
United States Code (the "Bankruptcy Code"). By a motion filed on the Petition Date,
the Debtors have requested that their chapter 11 cases be consolidated for procedural purposes
only and administered jointly.
2. The Debtors are authorized to continue to operate their business and
manage their properties as debtors in possession pursuant to sections 1107(a) and 1108 of the
Bankruptcy Code.
3. The Debtors and their nondebtor direct and indirect subsidiaries
(collectively, the "Chrysler Companies") comprise one of the world's largest manufacturers and
distributors of automobiles and other vehicles, together with related parts and accessories. On
the Petition Date, the Chrysler Companies employed approximately 55,000 hourly and salaried
employees worldwide, 70% of whom were based in the United States. In addition, as of the
Petition Date, the Debtors made payments for health care and related benefits to more than
105,000 retirees.
4. Chrysler's ultimate parent company, Chrysler Holding LLC ("Chrysler
Parent"), also owns a financing company, nondebtor Chrysler Financial Services Americas LLC
("Chrysler Financial"), that operates under a governance structure separate from Chrysler, with
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its own board and management. Historically, Chrysler Financial has provided financing to both
Chrysler's dealers and consumers.
5. For the twelve months ended December 31, 2008, the Chrysler Companies
recorded revenue of more than $48.4 billion and had assets of approximately $39.3 billion and
liabilities totaling $55.2 billion.
6. A more detailed explanation of Chrysler's businesses and operations, and
the events leading to the commencement of these cases, can be found in the Affidavit of
Ronald E. Kolka, which was filed contemporaneously herewith and is incorporated herein by
reference.
Overview of These Cases
7. The significance of this chapter 11 filing to Chrysler and to the United
States economy is difficult to overstate. In connection with the filing, Chrysler is seeking
approval from this Court to consummate the only sale transaction that preserves some portion of
its business as a going concern and averts a liquidation of historic proportions. If the proposed
transaction, designed to effect an alliance with Italian automobile manufacturer Fiat S.p.A.
("Fiat"), is rejected and Chrysler liquidates, it will mean the end of an iconic, 83-year-old
American car company whose name has been synonymous with innovative engineering, from the
Slant-Six and HEMI engines, to power windows, power brakes and power steering, to the
minivan. A liquidation would also have impacts on the nation's economy and Chrysler's
stakeholders that are grim:
• 38,500 hourly and salaried Chrysler workers in the U.S. will lose their jobs;
• Chrysler's workers and retirees and their surviving spouses will lose over $9.8 billion of health care and other benefits and $2 billion in annual pension payments;
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• All 23 of Chrysler's manufacturing plants and facilities and 15 parts depots in the United States will shut down (as well as 18 additional plants and parts depots worldwide);
• Approximately 3,200 Chrysler dealers will be put out of business and the over 140,000 employees of those dealerships will lose their jobs;
• Over $5.7 billion in outstanding auto parts and service supplier invoices will not be paid to Chrysler's suppliers and new business will be cancelled, forcing hundreds of suppliers out of business and the loss of hundreds of thousands of additional jobs;
• Over 31 million Chrysler, Jeep and Dodge owners would lose significant value in their cars and trucks, particularly due to questions about the ongoing availability of warranties and replacement parts and services;
• Local, state and federal governments will lose tens of billions of dollars in tax revenues, according to a research memorandum published by the Center for Automotive Research in November 2008;1
• Over $100 billion in annual sales will disappear from local economies; and
• Chrysler's first lien secured creditors will receive net present value recoveries of less than 38 cents on the dollar and possibly as little as 9 cents; the U.S. government, another secured creditor, will receive less than that; and Chrysler's unsecured creditors will receive nothing.
8. The economic and market conditions that led to the commencement of
Chrysler's chapter 11 cases and the need for the proposed sale transaction are well known, but
sobering nonetheless. The automotive market meltdown, the worst in at least 26 years,2
disrupted Chrysler's substantial progress in implementing a long-term plan to reduce costs and
transform its businesses for the next generation of cars. With sales plummeting and credit
markets frozen, Chrysler undertook an intense effort to address the challenges it faced. After
months of hard work and dedication by Chrysler's management, employees and advisors, 1 Daniel Cole, et al., Center for Automotive Research Memorandum, The Impact on the U.S. Economy of a
Major Contraction of the Detroit Three Automakers, at http://www.cargroup.org (Nov 4, 2008).
2 Chris Isidore, Auto Sales Are Worst in 26 Years. January Sales Tumble More Than Expected at GM, Ford and Toyota as Rental Car Companies Slash Purchases, CNNMoney.com, Feb. 3, 2009 (4:22 p.m., ET).
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working with all key stakeholders and with the support of the U.S. government, the Debtors have
commenced these cases to implement a prompt sale to preserve the going concern value of their
businesses and return these businesses to viability under new ownership.
9. The proposed sale transaction would create the sixth-largest global
automaker by volume unit, increasing competitiveness with other Original Equipment
Manufacturers ("OEMs") and creating billions of dollars in synergies. This transaction is the
result of thousands of hours of negotiations among multiple parties. The transaction is being
financially backed by the United States Department of the Treasury (the "U.S. Treasury") and
Export Development Canada, an affiliate of the Canadian government, which together will
provide the new alliance with approximately $6 billion of taxpayer money to start up and
maintain operations. In addition to this unprecedented government support, virtually all of the
major constituencies that would be affected by a Chrysler liquidation have recognized how
devastating it would be and have made important concessions in support of the proposed
alliance:
• The International Union, United Automobile, Aerospace and Agricultural Implement Workers of America (the "UAW") has agreed to wage and benefit reductions in the context of a sale to the new company, which would receive the benefit of a new collective bargaining agreement eliminating certain severance benefits, and would be a party to an agreement with the UAW containing restructured retiree health care benefits;
• Chrysler's dealers have agreed to reduce their dealer and service contract margins;
• Chrysler's already financially troubled suppliers have agreed to a further 3% price reduction and other measures that will save millions of dollars;
• Chrysler's largest secured creditors, JPMorgan Chase, Goldman Sachs, Morgan Stanley and Citigroup, have agreed to the transaction that would substantially compromise their first lien debt, comprising 70% of the $6.9 billion total outstanding, for an estimated recovery of approximately 28 cents on the dollar; and
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• Chrysler Parent's minority shareholder, Daimler AG ("Daimler"), has agreed as part of a settlement with Chrysler to (a) forgive $1.5 billion of second lien debt, at the same time that $500 million of second lien debt is forgiven by majority shareholder Cerberus Capital Management L.P. ("Cerberus"); and (b) assist in funding Chrysler's pension plans.
Representatives of these constituencies have devoted the past six months to reaching these
agreements.
10. As the culmination of these efforts, Chrysler, Fiat and New Chrysler (as
defined below) have reached an agreement in principle and are expected to entered into a Master
Transaction Agreement (collectively with other ancillary and supporting documents, the
"Purchase Agreement") in short order. Pursuant to the Purchase Agreement, among other things:
(a) Chrysler will transfer the majority of its operating assets to New CarCo Acquisition LLC
("New Chrysler"), a newly established Delaware limited liability company that currently is an
indirect wholly-owned subsidiary of Fiat; and (b) in exchange for those assets, New Chrysler
will assume certain liabilities of Chrysler and pay to Chrysler $2 billion in cash (collectively
with the other transactions contemplated by the Purchase Agreement, the "Fiat Transaction").
11. With the support of the U.S. government, Fiat, the UAW, dealers,
suppliers and other stakeholders, the Debtors commenced these cases to implement an
expeditious sale process to implement the Fiat Transaction, or a similar transaction with a
competing bidder, designed to maximize the value of the Debtors' operations and businesses for
the benefit of their stakeholders. Pending the proposed sale, the Debtors will idle most
operations as they conserve their resources, while at the same time ensuring that (a) the facilities
are prepared to resume normal production schedules quickly upon the completion of a sale and
(b) consumers are not impacted by the filing.
12. Time is of the essence. Given the continuing stress on all aspects of the
automotive industry and the idling of the Debtors' manufacturing facilities, key relationships
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with suppliers, dealers and other business partners simply cannot be preserved if the sale process
is not concluded quickly. Absent a prompt sale, approved and consummated in the coming
weeks, the value of the Debtors' assets will rapidly decline and the ability to achieve a going
concern sale will be irretrievably lost. By contrast, the proposed sale transaction, if it can be
promptly consummated, will maximize the value available for stakeholders, will save hundreds
of thousands of jobs and will strengthen the U.S. automotive sector and the economy generally.
Jurisdiction
13. This Court has subject matter jurisdiction to consider this matter pursuant
to 28 U.S.C. § 1334. This is a core proceeding pursuant to 28 U.S.C. § 157(b). Venue is proper
before this Court pursuant to 28 U.S.C. §§ 1408 and 1409.
Relief Requested
14. Pursuant to sections 327(a), 328(a), 329(a) and 364 of the Bankruptcy
Code, Rules 2014(a) and 2016(b) of the Federal Rules of Bankruptcy Procedure
(the "Bankruptcy Rules") and Rules 2014-1 and 2016-1 of the Local Bankruptcy Rules for the
United States Bankruptcy Court for the Southern District of New York (the "Local Bankruptcy
Rules"), the Debtors hereby seek the entry of an order authorizing them to retain and employ
Jones Day as counsel in these chapter 11 cases, nunc pro tunc as of the Petition Date.3 In
support of this Application, the Debtors submit (a) the Declaration of Corinne Ball, a partner in
Jones Day (the "Ball Declaration"), a copy of which is attached hereto as Exhibit A; and
(b) Jones Day's Disclosure of Compensation (the "Disclosure of Compensation"), a copy of
which is attached hereto as Exhibit B.
3 Nunc pro tunc retention is appropriate because (a) this Application was filed on the Petition Date, (b) Jones
Day will continue to provide services to the Debtors from and after the Petition Date and (c) a final hearing on this Application will not be conducted, and a final order will not be entered, until after the Petition Date.
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Argument
15. Under section 327(a) of the Bankruptcy Code, a debtor in possession is
authorized to employ professional persons:
that do not hold or represent an interest adverse to the estate, and that are disinterested persons,4 to represent or assist the [debtor in possession] in carrying out [its] duties under this title.
11 U.S.C. § 327(a). Section 1107(b) of the Bankruptcy Code modifies sections 101(14) and
327(a) of the Bankruptcy Code in cases under chapter 11 of the Bankruptcy Code and provides
that "a person is not disqualified for employment under section 327 of [the Bankruptcy Code] by
a debtor in possession solely because of such person's employment by or representation of the
debtor before the commencement of the case." 11 U.S.C. § 1107(b).
16. Under section 328(a) of the Bankruptcy Code, a debtor in possession is
authorized to employ professional persons "on any reasonable terms and conditions of
employment, including on a retainer, on an hourly basis, on a fixed or percentage fee basis, or on
a contingent fee basis." 11 U.S.C. § 328(a).
17. As required by Bankruptcy Rule 2014(a) and Local Bankruptcy
Rule 2014-1,5 this Application and the Ball Declaration set forth: (a) the specific facts showing
4 Section 101(14) of the Bankruptcy Code defines the term "disinterested person" as: a person that —
(A) is not a creditor, an equity security holder, or an insider; (B) is not and was not, within 2 years before the date of the filing of the
petition, a director, officer, or employee of the debtor; and (C) does not have an interest materially adverse to the interest of the estate
or of any class of creditors or equity security holders, by reason of any direct or indirect relationship to, connection with, or interest in, the debtor, or for any other reason.
11 U.S.C. § 101(14).
5 Bankruptcy Rule 2014(a) provides that an application seeking the employment of professional persons pursuant to section 327 of the Bankruptcy Code:
(continued. . .)
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the necessity for Jones Day's employment; (b) the reasons for the Debtors' selection of Jones Day
as their restructuring counsel in connection with their chapter 11 cases; (c) the professional
services to be provided by Jones Day; (d) the arrangement between the Debtors and Jones Day
with respect to Jones Day's compensation (as well as the reasonableness thereof); and (e) to the
best of the Debtors' knowledge, the extent of Jones Day's connections, if any, to certain parties in
interest in these matters.
18. It is anticipated that the estate professionals retained in these cases,
including Jones Day, will incur significant fees in connection with the Debtors' efforts to
preserve, protect and maximize the value of their assets under difficult and challenging
circumstances. As such, Jones Day and other estate professionals will be extending significant
amounts of credit to the Debtors to assist them in their efforts to pursue available opportunities in
these chapter 11 cases. Under the circumstances, the fees and expenses of Jones Day and other
estate professionals should be granted superpriority status pursuant to section 364(c)(1) of the
Bankruptcy Code. Granting superpriority status will ensure that Jones Day and other estate
(. . . continued)
shall state the specific facts showing the necessity for the employment, the name of the person to be employed, the reasons for the selection, the professional services to be rendered, any proposed arrangement for compensation, and, to the best of the applicant's knowledge, all of the person's connections with the debtor, creditors, any other party in interest, their respective attorneys and accountants, the United States trustee, or any person employed in the office of the United States trustee. The application shall be accompanied by a verified statement of the person to be employed setting forth the person's connections with the debtor, creditors, any other party in interest, their respective attorneys and accountants, the United States trustee, or any person employed in the office of the United States trustee.
Local Bankruptcy Rule 2014-1 further provides that "[a]n application for the employment of a professional person pursuant to §§ 327 and 328 of the Bankruptcy Code shall state the specific facts showing the reasonableness of the terms and conditions of the employment, including the terms of any retainer, hourly fee, or contingent fee arrangement."
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professionals are not placed at unnecessary risk of funding the Debtors' chapter 11 cases.
Moreover, any fees and expenses will remain in all cases subject to review and allowance under
sections 328, 330 and 331 and the other applicable requirements established by the Bankruptcy
Code, the Bankruptcy Rules, the Local Bankruptcy Rules, U.S. Trustee Guidelines and orders of
this Court.
Jones Day's Qualifications
19. Jones Day is particularly well qualified to serve as the Debtors' counsel in
these chapter 11 cases. Jones Day is one of the largest law firms in the world, with a national
and international practice, and has substantial experience in virtually all aspects of the law that
may arise in these chapter 11 cases, including antitrust, bankruptcy, corporate, employee
benefits, environmental, finance, intellectual property, labor and employment, litigation, mergers
and acquisitions, real estate, securities and tax expertise.
20. Jones Day's restructuring practice group consists of approximately
100 attorneys practicing in offices throughout the United States and overseas. Jones Day's
restructuring professionals have played significant roles in a wide array of chapter 11 cases,
including those of Allegheny Health, Education and Research Foundation; Allied Stores
Corporation; American Home Mortgage Investment Corporation; Borden Chemicals and Plastics
Steel U.S., Inc.; Snyder's Drug Stores, Inc.; Specialty Foods Corporation; Teleglobe Inc.; Trans
World Airlines, Inc.; USG Corporation; Washington Group International, Inc.; WHX
Corporation; Williams Communications Group, Inc.; Wiltel Communications; Woodward &
Lothrop, Inc.; World Kitchen, Inc.; and XO Communications.
21. Jones Day also is intimately familiar with the Debtors' businesses and
financial affairs. Jones Day's professionals have worked closely with the Debtors' management
and other professionals in connection with various prepetition matters, including by:
(a) providing advice in connection with the Debtors' prepetition restructuring efforts and their
efforts to obtain emergency financial assistance from the U.S. government; (b) assisting the
Debtors in their efforts to document and implement the Fiat Transaction; and (c) preparing for
the commencement of these chapter 11 cases. As a result, Jones Day's lawyers have become
well acquainted with the Debtors' history, business operations, capital structure and related
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matters. Accordingly, Jones Day has developed substantial knowledge regarding the Debtors
that will allow Jones Day to provide effective and efficient services in these chapter 11 cases.6
Services to Be Provided by Jones Day
22. The employment of Jones Day as the Debtors' restructuring counsel,
pursuant to the terms of this Application and the parties' engagement letter, dated
November 20, 2008 and attached hereto as Exhibit C (the "Engagement Letter"),7 is appropriate
and necessary to enable the Debtors to execute faithfully their duties as debtors and debtors in
possession and to be able to implement a successful sale transaction. The Engagement Letter
describes (a) certain of the services that Jones Day anticipates performing for the Debtors in
these chapter 11 cases and (b) the terms and conditions of Jones Day's proposed engagement by
the Debtors.
23. The Debtors anticipate that Jones Day will render general legal services to
the Debtors as needed throughout the course of these chapter 11 cases, including bankruptcy,
employee benefits, environmental, finance, general corporate, intellectual property, labor and
employment, litigation, mergers and acquisitions, real estate, securities and tax advice, as well as
advice in international and cross-border issues. In particular, the Debtors anticipate that Jones
Day will perform, among others, the following legal services:
(a) advising the Debtors of their rights, powers and duties as debtors and debtors in possession continuing to operate and to manage their respective businesses and properties under chapter 11 of the Bankruptcy Code;
6 By contrast, Jones Day has not represented, and does not represent Chrysler Financial. As described above,
Chrysler Financial has its own separate board and governance and is represented by separate counsel.
7 Any references to, or summaries of, the Engagement Letter herein are qualified by the express terms of the Engagement Letter, which shall govern if there is any conflict between the Engagement Letter and the summaries provided herein. Capitalized terms and phrases not otherwise defined herein shall have the meanings given to such terms in the Engagement Letter.
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(b) preparing on behalf of the Debtors all necessary and appropriate applications, motions, draft orders, other pleadings, notices, schedules and other documents, and reviewing all financial and other reports to be filed in these chapter 11 cases;
(c) advising the Debtors concerning, and preparing responses to, applications, motions, other pleadings, notices and other papers that may be filed by other parties in these chapter 11 cases;
(d) advising the Debtors with respect to, and assisting in the negotiation and documentation of, financing agreements and related transactions;
(e) reviewing the nature and validity of any liens asserted against the Debtors' property and advising the Debtors concerning the enforceability of such liens;
(f) advising the Debtors regarding their ability to initiate actions to collect and recover property for the benefit of their estates;
(g) advising and assisting the Debtors in connection with any commercial transactions, including the Fiat Transaction or other similar sale transaction;
(h) advising and assisting the Debtors in negotiations or communications with the Debtors' suppliers, dealers, unions, debt holders and other stakeholders, and government regulatory bodies;
(i) advising the Debtors concerning executory contract and unexpired lease assumptions, assignments and rejections and lease restructurings and recharacterizations;
(j) advising the Debtors in connection with the formulation, negotiation and promulgation of a chapter 11 plan or plans, and related transactional documents;
(k) assisting the Debtors in reviewing, estimating and resolving claims asserted against the Debtors' estates;
(l) commencing and conducting litigation necessary and appropriate to assert rights held by the Debtors, protect assets of the Debtors' chapter 11 estates or otherwise further the goal of completing the Debtors' successful chapter 11 process, and to defend against any litigation brought against the Debtors;
(m) providing non-bankruptcy services for the Debtors to the extent requested by the Debtors; and
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(n) performing all other necessary and appropriate legal services in connection with these chapter 11 cases for or on behalf of the Debtors.
24. Contemporaneously with the filing of this Application, the Debtors are
filing, or anticipate filing shortly: (a) an application to retain Togut, Segal & Segal, LLP
("Togut") as conflicts counsel; (b) an application to retain Schulte Roth & Zabel LLP ("SRZ") as
special counsel and (c) a motion seeking authority to continue to employ, retain and pay certain
professionals (the "Ordinary Course Professionals"), including certain counsel, in the ordinary
course of business on terms substantially similar to those in effect prior to the Petition Date,
without the need to file individual retention applications for each of these professionals. Because
each counsel will have a well-defined role, Jones Day, Togut, SRZ and the Ordinary Course
Professionals will not duplicate the services they provide to the Debtors. Jones Day, Togut, SRZ
and the Ordinary Course Professionals will function cohesively to ensure that legal services
provided to the Debtors by each firm are not duplicative. Moreover, at all stages of these
chapter 11 proceedings, Chrysler's legal department will supervise the various legal professionals
retained by the Debtors to further ensure that no firm duplicates the services provided by another.
25. The Debtors require knowledgeable counsel to render these essential
professional services. As noted above, Jones Day has substantial expertise in all of these areas
and has obtained valuable institutional knowledge of the Debtors' business and financial affairs
as a result of its representation of the Debtors prior to the Petition Date. Accordingly, the
Debtors respectfully submit that Jones Day is uniquely well qualified to perform these services
and represent the Debtors' interests in these chapter 11 cases.
Compensation and Fee Applications
26. Pursuant to the terms of the Engagement Letter, and subject to the Court's
approval of this Application, Jones Day intends to (a) charge for its legal services on an hourly
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basis in accordance with the ordinary and customary hourly rates in effect on the date services
are rendered and (b) seek reimbursement of actual and necessary out-of-pocket expenses.
27. The names, positions, practice groups, resident offices and current hourly
rates of certain Jones Day lawyers currently expected to spend significant time on these
chapter 11 cases are attached to the Ball Declaration as Schedule 3.8 The general ranges of
billing rates currently in effect for Jones Day's attorneys, para-professionals and service
providers in North America are described in Schedule 4 to the Ball Declaration. Jones Day's
hourly rates are comparable to those charged by attorneys of similar experience and expertise for
engagements of scope and complexity similar to these chapter 11 cases. In addition, Jones Day
has further agreed to not charge the Debtors for fees relating to non-working travel time by any
professionals during the pendency of these chapter 11 cases.9 For all of these reasons, Jones
Day's rates are reasonable and appropriate and constitute "reasonable terms and conditions of
employment" under section 328(a) of the Bankruptcy Code.
28. Jones Day intends to maintain detailed contemporaneous time records and
apply to the Court for allowance of compensation and reimbursement of expenses in accordance
with applicable provisions of the Bankruptcy Code, the Bankruptcy Rules, the Local Bankruptcy
Rules and any additional procedures that may be established by the Court in these chapter 11
cases. In addition, Jones Day has agreed to accept as compensation such sums as may be
8 Schedule 3 to the Ball Declaration is not intended to be, and is not, a comprehensive list and is provided
only to indicate current hourly rates charged by Jones Day for certain lawyers expected to have a significant role in these cases. It is anticipated that other or different Jones Day lawyers will be involved in these cases to provide services to the Debtors as necessary or appropriate.
9 Jones Day, however, intends to seek reimbursement for its out-of-pocket travel expenses.
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allowed by the Court. Jones Day understands that interim and final fee awards are subject to
approval by this Court.
Disclosure Concerning Disinterestedness
29. The Ball Declaration, incorporated herein by reference, discloses Jones
Day's connections to the Debtors and parties in interest in these cases. In reliance on the Ball
Declaration, and except as set forth therein, the Debtors believe that: (a) Jones Day has no
connection with the Debtors, their affiliates, their creditors, the United States Trustee for the
Southern District of New York (the "U.S. Trustee"), any person employed in the office of the
U.S. Trustee or any other party with an actual or potential interest in these chapter 11 cases or
their respective attorneys or accountants; (b) Jones Day is not a creditor, equity security holder or
insider of the Debtors; (c) none of Jones Day's partners or associates is, or was within two years
of the Petition Date, a director, officer or employee of the Debtors; and (d) Jones Day neither
holds nor represents an interest adverse to the Debtors, their respective estates or any class of
creditors or equity security holders, by reason of any direct or indirect relationship to, connection
with or interest in the Debtors, or for any other reason. Accordingly, the Debtors believe that
Jones Day is a "disinterested person," as defined in section 101(14) of the Bankruptcy Code and
as required by section 327(a) of the Bankruptcy Code.
Disclosure Concerning Compensation
30. On November 21, 2008, the Debtors provided Jones Day with an advance
payment of $1,000,000.00 (the "Initial Deposit") to establish a retainer (the "Retainer") pay for
legal services rendered or to be rendered by Jones Day in connection with the Debtors' efforts to
pursue a possible out-of-court restructuring and in preparation for the commencement of these
chapter 11 cases. Pursuant to paragraph 4 of the Engagement Letter, the Debtors replenished and
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maintained the Retainer through the provision of subsequent deposits (collectively,
the "Replenishing Deposits"), as follows:
Date of Replenishing Deposit(s) Amount of Replenishing Deposit(s)
December 8, 2008 $1,000,000.00 December 19, 2008 $3,000,000.00 January 28, 2009 $2,000,000.00 February 27, 2009 $1,000,000.00 April 14, 2009 $2,000,000.00 April 27, 2009 $100,050.49 April 27, 2009 $3,000,000.00 April 29, 2009 $1,548,245,17 April 29, 2009 $1,500,000.00 April 29, 2009 $2,719,125.71 The source of the Initial Deposit and all of the Replenishing Deposits comprising the Retainer
was the Debtors' operating cash.
31. From time to time, Jones Day has applied the Retainer proceeds to actual
fees and expenses and, in one instance immediately prior to the Petition Date, to estimated fees
and expenses (collectively, the "Prepetition Draws"). These Prepetition Draws totaled
$13,098,207.97. As set forth in the Disclosure of Compensation, as of the Petition Date,
$5,769,213.40 of the Retainer, as maintained through the Replenishing Deposits, remained
unapplied.10
10 Jones Day is in the process of adjusting the Retainer amount downwards. Jones Day has not yet reconciled
its actual fees and expenses through the Petition Date against estimated fees and expenses through the Petition Date. Any Prepetition Draws in excess of Jones Day's actual fees and expenses for the applicable invoice period will be added to, and treated as part of, the Retainer. Any shortfall in the Prepetition Draws compared to Jones Day's actual fees and expenses will result in an application, and corresponding reduction in the amount, of the Retainer. Accordingly, the amount of the Retainer remaining after (a) the reconciliation of any estimated Prepetition Draws and (b) the application of the Prepetition Draws and the Retainer to Jones Day's actual fees and expenses for the prepetition period, may differ from the amount stated above. Jones Day expects to: (a) complete its reconciliation of prepetition fees and expenses actually incurred through the Petition Date no later than the filing of its first interim fee application in these cases; and (b) make a corresponding adjustment to the amount and application of the Retainer described in the text above on or about that date.
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32. Pursuant to paragraph 4 of the Engagement Letter, upon the conclusion of
Jones Day's representation of the Debtors (or as otherwise directed by the Court), Jones Day will
apply any remaining portion of the Retainer against any unpaid fees or unreimbursed
disbursements, with any unapplied portion of the Retainer to be promptly returned to the
Debtors.
Notice
33. No trustee or examiner has been appointed in these chapter 11 cases.
Notice of this Application has been given to: (a) the Office of the United States Trustee for the
Southern District of New York or U.S. Trustee if defined earlier; (b) the creditors holding the 50
largest unsecured claims against the Debtors' estates, as identified in the Debtors' chapter 11
petitions; (c) counsel to the administrative agent for the Debtors' prepetition senior secured
lenders; (d) counsel to Cerberus; (e) counsel to Daimler; (f) counsel to the UAW; and (g) counsel
to the U.S. Treasury. The Debtors submit that no other or further notice need be provided.
No Prior Request
34. No prior request for the relief sought in this Application has been made to
this or any other Court.
WHEREFORE, the Debtors respectfully request that this Court: (i) enter an order
substantially in the form attached hereto as Exhibit D, granting the relief sought herein on an
interim basis and scheduling a final hearing; and (ii) grant such other and further relief to the
Debtors as the Court may deem proper.
NYI-4179615v5
Dated: April 30, 2009 New York, New York
Respectfully submitted,
Chrysler LLC, et al. Debtors and Debtors in Possession
/s/ Holly E. Leese Holly E. Leese Senior Vice President, General Counsel and Secretary Chrysler LLC
Filed by:
Dated: April 30, 2009 New York, New York
/s/ Corinne Ball Corinne Ball Veerle Roovers JONES DAY 222 East 41st Street New York, New York 10017 Telephone: (212) 326-3939 Facsimile: (212) 755-7306 David G. Heiman JONES DAY North Point 901 Lakeside Avenue Cleveland, Ohio 44114 Telephone: (216) 586-3939 Facsimile: (216) 579-0212 Jeffrey B. Ellman JONES DAY 1420 Peachtree Street, N.E. Suite 800 Atlanta, Georgia 30309 Telephone: (404) 521-3939 Facsimile: (404) 581-8309 PROPOSED ATTORNEYS FOR DEBTORS AND DEBTORS IN POSSESSION
NYI-4179615v5
EXHIBIT A
NYI-4179615v5
UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF NEW YORK --------------------------------------------------------------- In re Chrysler LLC, et al.,
Olympia & York Developments Limited; Orbital Imaging Corporation; Performance
Transportation Services, Inc.; Phar-Mor, Inc.; Physicians Clinical Laboratory, Inc.; Pillowtex, 1 Capitalized terms not otherwise defined herein have the meanings given to them in the Application.
Steel U.S., Inc.; Snyder's Drug Stores, Inc.; Specialty Foods Corporation; Teleglobe Inc.; Trans
World Airlines, Inc.; USG Corporation; Washington Group International, Inc.; WHX
Corporation; Williams Communications Group, Inc.; Wiltel Communications; Woodward &
Lothrop, Inc.; World Kitchen, Inc.; and XO Communications.
4. Jones Day also is intimately familiar with the Debtors' businesses and
financial affairs. Jones Day's professionals have worked closely with the Debtors' management
and other professionals in connection with various prepetition matters, including by:
(a) providing advice in connection with the Debtors' prepetition restructuring efforts and their
efforts to obtain emergency financial assistance from the U.S. government; (b) assisting the
Debtors in their efforts to document and implement the Fiat Transaction; and (c) preparing for
the commencement of these chapter 11 cases. As a result, Jones Day's lawyers have become
well acquainted with the Debtors' history, business operations, capital structure and related
matters. Accordingly, Jones Day has developed substantial knowledge regarding the Debtors
that will allow Jones Day to provide effective and efficient services in these chapter 11 cases.2
5. Pursuant to the terms of the Engagement Letter, and subject to the Court's
approval of the Application, Jones Day intends to (a) charge for its legal services on an hourly
basis in accordance with the ordinary and customary hourly rates in effect on the date services
are rendered3 and (b) seek reimbursement of actual and necessary out-of-pocket expenses.
2 By contrast Jones Day has not represented, and does not represent Chrysler Financial. As described in the
Application, Chrysler Financial has its own separate board and governance and is represented by separate counsel.
3 The hourly rates charged by Jones Day professionals differ based on, among other things, the professional's level of experience and the rates normally charged in the specific office in which the professional is resident.
NYI-4179615v5 -4-
6. The names, positions, practice groups, resident offices and current hourly
rates of certain Jones Day lawyers currently expected to spend significant time on these
chapter 11 cases are attached hereto as Schedule 3. 4 Schedule 4 identifies the general ranges of
billing rates currently in effect for Jones Day's North American attorneys, para-professionals and
service providers. Jones Day's hourly rates may change from time to time in accordance with
Jones Day's established billing practices and procedures. Jones Day's hourly rates are
comparable to those charged by attorneys of similar experience and expertise for engagements of
scope and complexity similar to these chapter 11 cases. For all of these reasons, Jones Day's
rates are reasonable and appropriate.
7. Jones Day intends to maintain detailed, contemporaneous time records and
apply to the Court for allowance of compensation and reimbursement of expenses in accordance
with applicable provisions of the Bankruptcy Code, the Bankruptcy Rules, the Local Bankruptcy
Rules and any additional procedures that may be established by the Court in these chapter 11
cases. In addition, Jones Day has agreed to accept as compensation such sums as may be
allowed by the Court. Jones Day understands that interim and final fee awards are subject to
approval by this Court.
8. The Debtors have provided Jones Day with a list of the names
(collectively, the "Interested Parties") of individuals or institutions in the following categories:
(a) the Debtors;
(b) the Debtors' nondebtor subsidiaries, including their wholly-owned foreign nondebtor subsidiaries;
4 Schedule 3 hereto is not intended to be, and is not, a comprehensive list and is provided only to indicate
current hourly rates charged by Jones Day for certain lawyers expected to have a significant role in these cases. It is anticipated that other or different Jones Day lawyers will be involved in these cases to provide services to the Debtors as necessary or appropriate.
NYI-4179615v5 -5-
(c) domestic and foreign joint ventures of the Debtors;
(d) other nondebtor affiliates;
(e) Chrysler's current and recent former officers, directors and managers;
(f) major business affiliations of the members of the Debtors' boards of directors or boards of managers;
(g) the ultimate owners of the Debtors (i.e., the members of Chrysler's ultimate parent);
(h) current trade names of the Debtors;
(i) joint venture and strategic alliance partners of the Debtors;
(j) certain competitors to the Debtors;
(k) the professionals and service providers that the Debtors have identified for employment as retained professionals;
(l) the known professionals for non-debtor parties in interest;
(m) the Debtors' major prepetition secured lenders, including the lenders under the Debtors' senior credit facility (collectively, the "Prepetition Secured Lenders") and the administrative agent for such facility (the "Administrative Agent");
(n) certain of the Debtors' contingent guaranty creditors;
(o) the Debtors' depositary and disbursement banks;
(p) the Debtors' major fleet customers;
(q) certain of the Debtors' largest volume dealers;
(r) the Debtors' major suppliers;
(s) other suppliers and vendors to the Debtors;
(t) the Debtors' largest unsecured creditors, including the 50 largest unsecured creditors as identified in the Debtors' chapter 11 petitions;
(u) issuers of existing letters of credit/lines of credit to or for the benefit of the Debtors;
(v) counterparties to derivative agreements;
NYI-4179615v5 -6-
(w) the Debtors' major lessors and related entities;
(x) parties to collective bargaining agreements with the Debtors;
(y) parties to other significant contracts with the Debtors;
(z) certain common carriers, customs brokers and warehousemen of the Debtors;
(aa) parties to significant litigation with the Debtors;
(bb) parties to material license agreements and permits with the Debtors;
(cc) the Debtors' primary insurers and insurance brokers;
(dd) major benefits administrators of the Debtors;
(ee) the bankruptcy judges for the Southern District of New York; and
(ff) the attorneys for the United States Trustee's Office for the Southern District of New York (the "U.S. Trustee").
The identities of the Interested Parties are set forth on Schedule 1 hereto.
9. To check and clear potential conflicts of interest in these cases, as well as
to determine all "connections" (as such term is used in Bankruptcy Rule 2014) to the Debtors,
their creditors, other parties in interest, their respective attorneys and accountants, the
U.S. Trustee or any person employed in the office of the U.S. Trustee, Jones Day researched its
client database for the past two years to determine whether it had any relationships with the
Interested Parties. To the extent that Jones Day's research of its relationships with the Interested
Parties to date indicates that Jones Day has represented in the past two years, or currently
represents, any of these entities in matters unrelated to these chapter 11 cases, the identities of
these parties and their relationships to the Debtors and connections to Jones Day, are set forth in
Schedule 2 hereto.
10. To the best of my knowledge and belief, insofar as I have been able to
ascertain after reasonable inquiry, neither I, nor Jones Day nor any partner or associate thereof
NYI-4179615v5 -7-
has any connection with the Debtors, their creditors, the U.S. Trustee or any other party with an
actual or potential interest in these chapter 11 cases, or their respective attorneys or accountants,
except as set forth below and in Schedule 2 hereto:
(a) Jones Day has not, does not and will not represent any entities other than the Debtors and the other Chrysler Companies in matters directly related to these chapter 11 cases. Jones Day will not represent any entity adverse to the Debtors in connection with these chapter 11 cases.
(b) Prior to the Petition Date, Jones Day performed certain legal services for certain of the Debtors, as described herein and in the Application. As described in the Disclosure of Compensation, after Jones Day's reconciliation of the Prepetition Draws and the completion of any necessary adjustments to the amount and application of Retainer proceeds, the Debtors do not owe Jones Day any amount for services performed prior to the Petition Date.
(c) Daimler is the former owner of Chrysler and currently is the minority owner of Chrysler's ultimate parent company, Chrysler Holding LLC ("Chrysler Parent"). Daimler affiliates also have other commercial relationships with the Debtors and hold certain second lien debt.5 Prior to Daimler's divestiture of its controlling interest in Chrysler in 2007 (the "Daimler Divestiture"), Jones Day performed work for Chrysler and other Daimler affiliates, with the virtually all of such work relating to matters for the direct or indirect benefit of Chrysler or work accepted at the request of Chrysler. Jones Day did not represent any party in connection with the Daimler Divesture and, since that time, has not represented Daimler in any matters adverse to Chrysler. Over time, Jones Day gradually has completed its remaining work for Daimler. As of the Petition Date, Jones Day was no longer representing Daimler. Its most recently concluded representation involved litigation raising claims under the Alien Tort Claims Act (the "ATCA"), which had been dismissed in the trial court and which have been fully briefed
5 On April 27, 2009, Chrysler, Daimler and certain of its affiliates, certain affiliates of Cerberus and the
Pension Benefit Guaranty Corporation (the "PBGC") entered into a Binding Term Sheet for a settlement under which, among other things, (a) Daimler's equity interest in Chrysler Parent will be redeemed; (b) $1.5 billion of Chrysler's second lien debt owed to DaimlerChrysler North America Finance Corporation, plus accrued interest therein, will be forgiven if Cerberus likewise forgives $500 million in second lien debt owed by Chrysler; (c) Daimler will make certain cash contributions to Chrysler's pension plans in the amounts of $200 million when the definitive Settlement Agreement and Redemption Agreement (the "Settlement Agreement") is signed, $200 million on the one-year anniversary of the execution of the Settlement Agreement and $200 million on the second anniversary (collectively, the "Cash Contributions"); (d) Daimler will remain obligated for a $200 million guaranty, in addition to the Cash Contributions, if Chrysler's pensions plans are terminated; and (e) Chrysler, Chrysler Parent, Cerberus and Daimler and certain affiliates will waive certain potential claims against each other. This settlement remains subject to execution of a mutually satisfactory Settlement Agreement. Upon consummation of this settlement, Daimler no longer will own any interest in Chrysler Parent, which will be 100% owned by Cerberus affiliates.
NYI-4179615v5 -8-
and argued in the United States Court of Appeals for the Ninth Circuit and is only awaiting a decision of the Court. Jones Day, which played a limited special counsel role in that matter, has completed its assigned work and closed its files, has so advised Daimler, has no engagement letter for any further assignments and is in the process of advising the appropriate courts of its withdrawal from this matter. The ATCA matter, moreover, does not involve, and is wholly unrelated to, the Debtors or these chapter 11 cases. Jones Day does not and will not represent Daimler in any matters relating to the Debtors or their chapter 11 cases. See also Schedule 2.
(d) Cerberus Capital Management L.P. ("Cerberus"), through certain affiliates, is the majority owner of Chrysler's ultimate parent company. In particular, Cerberus owns 80.1% (to be increased to 100%) of the membership interests in Chrysler Parent, the indirect parent of Chrysler and the other Debtors, as well as the indirect parent of separately-managed Chrysler Financial. Cerberus also holds certain second lien debt of the Debtors, which is expected to be forgiven. Jones Day has represented Cerberus Bavarian Investments, B.V., a Dutch fund ("CBI"). CBI, to the best of Jones Day's understanding, is managed by Cerberus Global Investment Advisors, LLC or by entities that it owns or controls (collectively, "CGIA"). Jones Day has represented CBI solely in connection with certain discrete transactional matters in Europe, although Jones Day presently has no pending assignments from CBI. Jones Day's representation of CBI has been and is unrelated to the Debtors or these chapter 11 cases, and Jones Day will not represent CBI in any future matters relating to the Debtors or these chapter 11 cases. To the best of Jones Day's knowledge, CBI does not own any membership interests in Chrysler. As described on Schedule 2, Jones Day also represents or has represented other entities in which Cerberus or its affiliates are equityholders in matters unrelated to the Debtors or these chapter 11 cases. Jones Day has not represented Cerberus, Chrysler Financial or any other Cerberus-affiliated entity (other than the Chrysler Companies) in matters relating to the Debtors. Likewise, as noted above, Jones Day did not represent Cerberus or any other party in connection with the Daimler Divestiture. In connection with the Debtors' out-of-court restructuring efforts, including negotiations regarding loans under the Troubled Assets Relief Program, Cerberus, Chrysler Parent and Chrysler's intermediate parent companies (Carco Intermediate Holdco I LLC and Carco Intermediate Holdco II LLC) all were represented by counsel at SRZ, and Chrysler Financial was represented by (among others) Dewey & LaBoeuf. Jones Day did not represent, and does not represent, Cerberus, Chrysler Parent or Chrysler's intermediate parent companies. In sum, Jones Day does not and will not represent Cerberus or any of its affiliates (other than the Chrysler Companies) in any matters relating to the Debtors or their chapter 11 cases.
(e) As set forth on the attached Schedule 2, Jones Day currently represents General Motors Corporation ("GM") in certain litigation and other matters unrelated to the Debtors or these cases. In addition, Jones Day previously represented GM as special counsel in GM's negotiations with Cerberus, as the majority owner of Chrysler Parent, with respect to antitrust and labor matters relating to a previously proposed consolidation transaction involving GM and Chrysler (the "GM Transaction"). This representation has been fully disclosed to, and consented to by, the Debtors, GM and Cerberus. Furthermore, on November 3, 2008, Jones Day implemented a screen pursuant
NYI-4179615v5 -9-
to which, except with GM's and the Debtors' permission, no lawyer or para-professional employee of Jones Day involved in the representation of GM shall communicate with any lawyer or para-professional employee involved in the proposed representation of the Debtors by Jones Day, and vice versa. Nor shall any lawyer or para-professional employee of Jones Day involved in the representation of GM access any files relating to the proposed representation of the Debtors, and vice versa. Discussions of the GM Transaction concluded prior to the Petition Date. Jones Day will not represent GM in any matter adverse to the Debtor or their estates or with respect to any matters directly relating to the Debtors or these chapter 11 cases.
(f) In addition to GM, Jones Day currently represents or formerly represented certain of the Debtors' other major competitors in matters unrelated to the Debtors or these chapter 11 cases. Specifically, as further described in the attached Schedule 2, Jones Day currently represents or formerly represented: (i) Audi AG, an affiliate of Volkswagen AG; (ii) Geely Holding Group; (iii) Honda Motor Co., Ltd.; (iv) Mazda Motor Corporation; (v) Nissan Motor Company, Ltd.; and (vi) Toyota Motor Corporation (collectively, the "Competitors"). Jones Day, however, does not and will not represent the Competitors nor any of their affiliates in matters relating to the Debtors or these chapter 11 cases.
(g) In matters unrelated to the Debtors or these chapter 11 cases, Jones Day currently represents or formerly represented certain of the Prepetition Secured Lenders or parties that are or may be otherwise directly or indirectly affiliated with those lenders. For example, as further described in the attached Schedule 2, Jones Day currently represents the Administrative Agent for the Prepetition Secured Lenders, JPMorgan Chase Bank, N.A., as well as the following Prepetition Secured Lenders (or their respective parent entities or affiliates) in a variety of matters unrelated to the Debtors or their chapter 11 cases: (i) Ahab Distressed Ltd.; (ii) Ahab Distressed, L.P.; (iii) Ahab Opportunities Ltd.; (iv) Ahab Opportunities, L.P.; (v) Archer Capital Master Fund, L.P.; (vi) Caspian Capital Partners, L.P.; (vii) Caspian Select Credit Master Fund; (viii) Citibank, N.A. – N.Y.; (ix) Concordia Institutional Multi-Strategy. Ltd.; (x) Concordia Mac 29 Ltd.; (xi) Concordia Partners, L.P.; (xii) Credit Suisse Candlewood SS Mt; (xiii) Credit Suisse Candlewood PR; (xiv) Crescent I, L.P.; (xv) Deutsche Bank - New York; (xvi) Deutsche Bank Trust Co. America; (xvii) Goldman Sachs Lending Partners; (xviii) JPMorgan Bank Branch - 0802; (xix) Mariner LDC; (xx) Merrill Lynch Credit Products LLC; (xxi) Morgan Stanley Senior Fund, Inc.; (xxii) Oaktree Value Opportunity Fund Holdings; (xxiii) OCM Opportunities Fund VII Del.; (xxiv) Omnicom Capital, Inc.; (xxv) Oppenheimer Master Loan Fund LLC; (xxvi) Oppenheimer Senior Floating Rate Fund; (xxvii) Perella Weinberg Ptr Xerion Mt; (xxviii) Reams - Bill & Melinda Gates Foundation; (xxix) Reams - Connecticut General Life Insurance Company; (xxx) Reams - Halliburton Company; (xxxi) Reams – Kraft Foods Master Ret; (xxxii) Reams - Prudential Ret Ins & Ann.; (xxxiiii) Reams - Santa Barbara County Emp R; (xxxiv) Reams - Trustees of Indiana University; (xxxv) Royal Bank of Scotland Plc; (xxxvi) Sankaty Cr Opps Off Mtr IV, L.P.; (xxxvii) Sankaty Credit Opportunity IV L.P.; (xxxviii) OCM Opp. Fund VII B Delaware; (xxxix) Schultze Master Fund Ltd.; (xl) Stichting Pensionenfonds ABP; (xli) TCW Absolute Return Credit Fund; (xlii) TCW Shared Opp Fund V, L.P.; (xliii) TCW Sr Secured Ln Fund, L.P.; (xliv) Varde
NYI-4179615v5 -10-
Investment Partners L.P.; and (xlv) Yale University c/o Mfp Invest. Jones Day, however, does not and will not represent any of these entities in matters relating to the Debtors or their chapter 11 cases.
(h) In matters unrelated to the Debtors or these chapter 11 cases, Jones Day currently represents certain of the Debtors' major suppliers, or parties that are or may be otherwise directly or indirectly affiliated with those suppliers. For example, as further described on Schedule 2, Jones Day currently represents or formerly represented the following major suppliers (or their respective parent entities or affiliates) to the Debtors in a variety of matters unrelated to the Debtors or their chapter 11 cases: (i) ABB Asea Brown Boveri Ltd.; (ii) AK Steel Corporation; (iii) Alcoa, Inc.; (iv) Aleris International, Inc.; (v) Arvin Meritor OE LLC; (vi) Asahi Tec Corporation; (vii) AZ Automotive Corporation; (viii) Benteler AG; (ix) Borg-Warner Automotive, Inc.; (x) Delphi Automotive Systems, a/k/a Delco Electronics Systems (xi) Bridgestone Corporation; (xii) Continental AG; (xiii) Cummins Engine Company, Inc.; (xiv) Dana Holding Corporation (f/k/a Dana Corporation); (xv) Denso Corporation; (xvi) Dicastal Wheel Manufacturing Company; (xvii) Eaton Corporation; (xviii) Emcon Technologies LLC; (xix) Faurecia; (xx) Federal-Mogul Corporation; (xxi) Goodyear Tire & Rubber Company; (xxii) Guardian Industries Corporation; (xxiii) Harman International Industries Incorporated; (xxiv) Henkel AG & Co. Kgaa (f/k/a Henkel Kgaa); (xxv) Illinois Tool Works, Inc.; (xxvi) International Auto Components Group North America, Inc.; (xxvii) Johnson Controls, Inc.; (xxviii) Johnson Matthey Plc; (xxix) Lear Corporation; (xxx) Magna International, Inc.; (xxxi) Mahle GmbH; (xxxii) Metaldyne Corporation; (xxxiii) Penske Corporation; (xxxiv) PPG Industries, Inc.; (xxxv) Sirius Satellite Radio; (xxxvi) Teksid Aluminum North America; (xxxvii) Tenneco, Inc.; (xxxviii) Textron, Inc.; (xxxix) Thyssen Krupp AG; (xl) TI Group Automotive Systems LLC; (xli) The Timken Company; (xlii) Tomkins Plc; (xliii) Total S.A.; (xliv) TRW, Inc.; (xlv) Valeo S.A.; (xlvi) Visteon Corporation; (xlvii) Volkswagen AG; (xlviii) Worthington Industries, Inc.; (xlix) Yazaki Corporation and (l) Yazaki North America. These relationships, and relationships with other major suppliers to the Debtors, are identified in the attached Schedule 2. Jones Day, however, does not and will not represent any of these entities in matters relating to the Debtors or their chapter 11 cases.
(i) In matters unrelated to the Debtors or these chapter 11 cases, Jones Day has represented or worked with (or against) certain of the other professionals who will be representing the Debtors and other stakeholders in these chapter 11 cases or who have represented the Debtors in the year prior to the Petition Date, such as (i) KPMG LLP and (ii) Sonnenschein Nath and Rosenthal LLP. These relationships are identified in the attached Schedule 2. Jones Day, however, does not and will not represent any of these entities in matters relating to the Debtors or their chapter 11 cases.
(j) In addition, from time to time, Jones Day likely has represented, and likely will continue to represent, certain other creditors of the Debtors and various other parties actually or potentially adverse to the Debtors in matters unrelated to the Debtors or these chapter 11 cases. These relationships, and additional creditor relationships, are identified in the attached Schedule 2. Jones Day, however, does not
NYI-4179615v5 -11-
and will not represent any of these entities in matters relating to the Debtors or their chapter 11 cases.
(k) In addition to the specific parties identified above, in matters unrelated to the Debtors or these chapter 11 cases, Jones Day currently represents, formerly represented or may in the future represent certain other entities that are or may be (i) creditors in these cases, (ii) parties to executory contracts and unexpired leases with the Debtors, (iii) insurers and insurance brokers of the Debtors; (iv) major or current business affiliations of Debtors' officers and directors; (v) parties in litigation with the Debtors; or (vi) otherwise directly or indirectly affiliated with creditors or other parties in interest in these cases. As described above, however, Jones Day has undertaken a detailed search to determine whether it represents or has represented any significant creditors, insiders or other parties in interest in such unrelated matters, and all such known representations within the last two years are identified in Schedule 2 hereto.
(l) Jones Day has more than 2,400 attorneys and thousands of other employees in 32 offices around the world. Certain Jones Day attorneys or employees, including attorneys or employees that are involved in the Debtors' chapter 11 cases, are customers of one of the Debtors' dealers or distributors, or otherwise own vehicles manufactured by the Debtors, some of which may be subject to existing warranties or service contracts. It also is possible that certain Jones Day attorneys or employees hold interests in investments directly or indirectly relating to the Debtors.
11. To the best of my knowledge, information and belief, insofar as I have
been able to ascertain after reasonable inquiry, neither I, nor Jones Day nor any partner or
associate thereof holds or represents an interest adverse to the Debtors or their respective estates,
and Jones Day is a "disinterested person," as defined in section 101(14) of the Bankruptcy Code
and as required by section 327(a) of the Bankruptcy Code, in that: (a) Jones Day has no
connection with the Debtors, their creditors, the U.S. Trustee, any person employed in the office
of the U.S. Trustee or any other party with an actual or potential interest in these chapter 11 cases
or their respective attorneys or accountants, except as set forth herein; (b) Jones Day is not a
creditor, equity security holder or insider of the Debtors; (c) none of Jones Day's partners or
associates is, or was within two years of the Petition Date, a director, officer or employee of the
Debtors; and (d) Jones Day neither holds nor represents an interest materially adverse to the
Debtors, their respective estates or any class of creditors or equity security holders, by reason of
NYI-4179615v5 -12-
any direct or indirect relationship to, connection with or interest in the Debtors, or for any other
reason. Accordingly, I believe that Jones Day is a "disinterested person," as defined in
section 101(14) of the Bankruptcy Code and as required by section 327(a) of the Bankruptcy
Code.
12. Despite the efforts described above to identify and disclose connections
with parties in interest in these cases, because the Debtors are a large enterprise with millions of
potential creditors and other relationships, and because Jones Day is an international firm with
more than 2,400 attorneys in 32 offices, Jones Day is unable to state with certainty that every
client representation or other connection of Jones Day has been disclosed. In this regard, if Jones
Day discovers additional information that requires disclosure, Jones Day will file supplemental
disclosures with the Court.
Dated: April 30, 2009 /s/ Corinne Ball Corinne Ball JONES DAY 222 East 41st Street New York, New York 10017 Telephone: (212) 326-3939 Facsimile: (212) 755-7306 ONE OF THE PROPOSED ATTORNEYS FOR DEBTORS AND DEBTORS IN POSSESSION
NYI-4179615v5
SCHEDULE 1
NYI-4179615v5
SCHEDULE 2
CLI-1668923v16
SCHEDULE 2
CHRYSLER LLC, ET AL.
SCHEDULE OF INTERESTED PARTIES THAT CURRENTLY EMPLOY OR HAVE FORMERLY EMPLOYED JONES DAY IN MATTERS
UNRELATED TO THE DEBTORS OR THEIR CHAPTER 11 CASES
INTERESTED PARTY
RELATIONSHIP
TO THE DEBTORS
CLIENTS AND THEIR AFFILIATES
PARTIES IN INTEREST (OR AFFILIATED ENTITIES) WHO ARE CURRENT CLIENTS
OR WERE CLIENTS WITHIN THE LAST TWO YEARS1
3M Company – Fleet Administration Major Fleet Customer • Parent company 3M Company and affiliate company 3M France are current clients.
ABB Asea Brown Boveri Ltd. Major Supplier • Parent company ABB Ltd. and affiliate companies ABB, Inc. and ABB (China) Ltd. are current clients;
• Affiliate company ABB AS is a member of current client OFS Portal LLC; and
• Affiliate company American Fan Company is a former client (closed 2007).
Abbott Laboratories Major Fleet Customer • Abbott Laboratories is: (a) a current client; and (b) a co-client with current client Genentech, Inc.
• See also entry below for Takeda Pharmaceuticals regarding related disclosure.
ACE Aviation Holdings, Inc. ACE Limited
Major Business Affiliation of Chrysler LLC's Directors and Managers Major Insurer and/or Insurance Broker
• Affiliate company ACE American Insurance Company is a stockholder of current client International Automotive Components Group LLC; and
• Affiliate company ACE Insurance Company is affiliated with former client Montgomery Ward, Trustee In Care of ACE Insurance Company (closed 2007).
Adco Products, Inc. Other Supplier and/or Vendor
• Parent company Adco Global, Inc. is a current client.
1 The names of current clients of Jones Day appear in bold and italics. The disclosure of stockholder interests or other
affiliate relationships among potentially related entities reflects only information known to Jones Day through its conflict reporting system. Jones Day has not performed independent research to identify all stockholder interests or other affiliate relationships with respect to interested parties. Moreover, Jones Day has not disclosed representations of trade associations and similar industry or special interest organizations in which interested parties are members.
CLI-1668923v16 -2-
INTERESTED PARTY
RELATIONSHIP
TO THE DEBTORS
CLIENTS AND THEIR AFFILIATES
AgentWare Systems, Inc. Party to Material License Agreement and/or Permit
• AgentWare Systems, Inc. is a former client (closed 2009).
Ahab Capital Management; and Ahab Capital Partners, L.P. Ahab Distressed Ltd.; Ahab Distressed, L.P.; Ahab Opportunities Ltd.; and Ahab Opportunities, L.P.
Major Business Affiliations of Chrysler LLC's Directors and Managers Major Secured Lenders and/or Administrative Agents
• Affiliated company Ahab Partners, L.P. (a/k/a Ahab International Ltd.) is a stockholder of former client Property One GmbH (closed 2008).
AIG Casualty Company; AIG Cat Excess Liability; and American International Group, Inc. (AIG)
Major Insurers and/or Insurance Brokers
• American International Group, Inc. (AIG) is: (a) the parent of AIG Casualty Company and AIG Cat; and (b) the parent of Sun America, the employer of an individual who is a current Jones Day client;
• Affiliate companies AIG Consumer Finance Group and A. I. Credit Consumer Discount Company are current clients;
• Affiliate companies AIG Global Real Estate Investment Corporation and AIG European Real Estate Partners are affiliated entities of current client Agimarques Troyes S.A.R.L.;
• Affiliate company AIG Life Insurance Company is a joint venture participant with former client Carter & Associates LLC (closed 2008);
• Affiliate company AIG Annuity Insurance Company is a member of former client Ad Hoc Committee of Thomson S.A. Noteholders (closed 2009); and
• Affiliate companies AIG Global Investment Group and AIG Private Bank, Ltd. are former clients (both closed 2007).
• See also entries below for AZ Automotive Corporation and National Union Insurance Group, Inc. regarding related disclosure.
AK Steel Corporation Major Supplier
And
Large Unsecured Creditor
• AK Steel Corporation is a current client.
Alcoa, Inc. Major Supplier • Alcoa, Inc. is: (a) a former client (closed 2009); (b) the former parent of current client CSI De México en Saltillo, S. De R.L. De C.V.; and (c) the former employer of an individual who is a current Jones Day client (opened 2008).
CLI-1668923v16 -3-
INTERESTED PARTY
RELATIONSHIP
TO THE DEBTORS
CLIENTS AND THEIR AFFILIATES
Aleris International, Inc. Major Supplier • Aleris International, Inc. is a current client.
Allevard Rejna Auto Suspensions Other Supplier and/or Vendor
• Affiliate company CIR International S.A. is a current client.
Allstate Insurance Company Major Fleet Customer • Allstate Insurance Company is a former client (closed 2007).
American Society of Composers, Authors and Publishers
Party to Material License Agreement and/or Permit
• American Society of Composers, Authors and Publishers is a member of former client Fasttrack (closed 2007).
ANSYS, Inc. Party to Material License Agreement and/or Permit
• ANSYS, Inc. is a current client.
AON Corporation Major Insurer and/or Insurance Broker
• Affiliate company AON Conseil & Courtage S.A. is a current client.
Archer Capital Master Fund, L.P. Major Secured Lender and/or Administrative Agent
• Affiliate company Archer Capital Management, L.P. is a former client (closed 2008).
ArvinMeritor OE LLC Major Supplier • Parent company Arvinmeritor, Inc. is a former client (closed 2007).
Asahi Tec Corporation Major Supplier • Asahi Tec Corporation is: (a) the direct and indirect parent of current client Metaldyne Corporation; and (b) affiliated with current client RHJ International S.A. (a/k/a Ripplewood).
• See also entries below for Credit Suisse Candlewood SS Mt.; XX Credit Suisse Candlewood PR; and Metaldyne Corporation regarding related disclosure.
Asbury Automotive Group, Inc. Major Business Affiliation of Chrysler LLC's Directors and Managers
• Asbury Automotive Group, Inc. (closed 2008) and affiliated entity Special Committee of Board of Directors of Asbury Automotive Group, Inc. (closed 2007) are former clients.
CLI-1668923v16 -4-
INTERESTED PARTY
RELATIONSHIP
TO THE DEBTORS
CLIENTS AND THEIR AFFILIATES
Atlas Tube Other Supplier and/or Vendor
• Parent company The Carlyle Group and affiliate companies Allison Transmission and 4 Gas B.V. are current clients;
• Affiliate company Carlyle Venture Partners III, L.P. is a controlling stockholder of current client RMI Acquisition Company, Inc.; and
• Affiliate companies Garrett Aviation Services, Inc. and The Relizon Company (both closed 2007); and Carlyle Europe Venture Partners L.P. (closed 2008) are former clients.
Avis Budget Group, Inc.; and Avis Rent A Car Systems LLC
Major Fleet Customers • Avis Budget Group, Inc. is: (a) a former client (closed 2009); and (b) the parent of Avis Rent A Car Systems LLC.
AZ Automotive Corporation Major Supplier • AZ Automotive Corporation is a current client.
• See also entry above for AIG Casualty Company; AIG Cat Excess Liability; and American International Group, Inc. (AIG), the ultimate parent company of AZ Automotive Corporation, regarding related disclosure.
BAL Global Finance LLC Banc of America Leasing & Capital LLC Bank of America, N.A.
Major Lessor and/or Related Entity Party to Material License Agreement and/or Permit Depository and Disbursement Bank
• Parent company and current client Bank of America Corporation is: (a) the new parent company of current client Merrill Lynch & Co. and its affiliate companies; (b) a stockholder of former client Giant Industries, Inc. (closed 2009); and (c) a former member of former client Murray Energy Ad Hoc Committee (closed 2009).
• See also entries below for Caspian Capital Partners L.P.; Caspian Sel Credit Master Fund; and Merrill Lynch Credit Products LLC regarding related disclosure.
CLI-1668923v16 -5-
INTERESTED PARTY
RELATIONSHIP
TO THE DEBTORS
CLIENTS AND THEIR AFFILIATES
Banco de Venezuela Grupo Santander Depository and Disbursement Bank
• Parent company Banco Santander, S.A. and affiliate companies Banco Espanol De Credito (BANESTO) and Interbanca S.p.A. are current clients;
• Affiliate company Sistema 4B S.A. is a joint venture participant with current client ACI Worldwide, Inc.;
• Affiliate company Vista Desarrollo, S.A. is a stockholder of current client Adherbal Global, S.L.;
• Affiliate company Banco Santander De Negociones S.A. is the principle shareholder of current client Vista Compania De Inversion, S.A.; and
• Affiliate company Banco Santander De Negocios , S.A. is a stockholder of current client Vista Capital De Expansion, S.A., S.G.E.C.R..
Bank of Nova Scotia (a/k/a Scotia Bank) Issuer of Letter of Credit and/or Line of Credit
• Affiliate company Scotia Fondos, S.A. De C.V., Sociedad Operadora Dades De Inversión, Grupo Financiero Scotiabank is a current client.
Barclays Bank Plc Counterparty to Derivative Agreement
• Barclays Bank Plc and affiliate companies Barclays Capital, Compagnie de Fives-Lille and Barclays Bank S.A. are current clients;
• Affiliate company Barclays Global Investors, N.A. is a stockholder of current client FLYi, Inc.;
• Affiliate company Barclays Global Investors UK Holdings, Ltd. is a major stockholder of current client Borders Group, Inc.;
• Affiliate company Barclays Unquoted Investments Limited is a stockholder of current client Enigma Holidays Limited; and
• Affiliate company Barclays Capital Real Estate is a participant in a joint venture with current client Westbrook Real Estate Fund VI.
BBVA Provincial Depository and Disbursement Bank
• Affiliate company Banco Bilbao Vizcaya Argentaria is: (a) a current client; and (b) a substantial shareholder of current client Citic International Financial Holdings Limited.
Beckman Coulter, Inc. Major Fleet Customer • Beckman Coulter, Inc. is a current client.
CLI-1668923v16 -6-
INTERESTED PARTY
RELATIONSHIP
TO THE DEBTORS
CLIENTS AND THEIR AFFILIATES
Benteler AG Major Supplier and
Other Supplier and/or Vendor
• Benteler AG is a current client.
Blue Cross Blue Shield Major Benefits Administrator
• WellPoint, Inc., the largest member and independent licensee of the Blue Cross Blue Shield Association, is a current client;
• Affiliated companies Blue Cross Blue Shield MI, Blue Cross & Blue Shield of Massachusetts and Capital BlueCross are current clients;
• Related entity Blue Cross of Northeastern Pennsylvania is the trade style of Hospital Service Association of Northeastern Pennsylvania, the ultimate parent company of current client Allone Health Group, Inc.;
• Affiliated company Blue Cross Blue Shield of Florida, Inc. is a member of former client Ad Hoc Committee of Thomson S.A. Noteholders (closed 2009);
• Affiliated entity Blue Cross/Blue Shield Plans is an investor in former client Blue Healthcare Venture Partners LLC (closed 2007); and
• Affiliate company BlueCross BlueShield of Tennessee is a former client (closed 2007).
CLI-1668923v16 -7-
INTERESTED PARTY
RELATIONSHIP
TO THE DEBTORS
CLIENTS AND THEIR AFFILIATES
BlueLinx Holdings, Inc.;
Cerberus Operations and Advisory Company LLC; and
IAP Worldwide Services, Inc.
Major Business Affiliations of Chrysler LLC's Directors and Managers
• Ultimate owner Cerberus Capital Management, L.P. and its affiliates are: (a) the majority owners of the ultimate parent company of the Debtors (including current client Chrysler LLC), their domestic nondebtor subsidiaries, wholly owned foreign nondebtor subsidiaries and other domestic nondebtor affiliates and IAP Worldwide Services, Inc.; (b) stockholders of current client BlueLinx Holdings, Inc.; (c) the ultimate owners of current client Albertson's LLC; (d) the lead investors in a consortium that owns a controlling interest in current client GMAC Financial Services; (e) affiliates of current client Cerberus Global Investment Advisors, LLC; and (f) a stockholder of former client Property One GmbH (closed 2008); and
• Ultimate parent company Cerberus Partners L.P. a stockholder of former client HQ Global Holdings, Inc. (closed 2007).
• See also entries below for Cerberus; and Cerberus Capital Management, L.P.; Chrysler LLC, et al.; and General Motors Corporation and text of Ball Declaration regarding related disclosure.
Bombardier Capital, Inc. Major Lessor and/or Related Entity
• Affiliate companies Bombardier Transportation and Bombardier Aerospace are current clients; and
• Current client Power Pacific Corporation Limited is a joint venture partner in affiliate company and former client Bombardier – Power (Mauritius) Limited (closed 2008).
Borg-Warner Automotive, Inc.
Borg Warner Emissions/Thermal Systems
Major Supplier
Large Unsecured Creditor
• Affiliate companies Borgwarner Torqtransfer Systems, Inc. and Beru AG are current clients.
Bridgestone Corporation Major Supplier • Bridgestone Corporation and its affiliate company Bridgestone Americas Holding, Inc. are current clients.
Canadian National Railway Company Common Carrier, Customs Broker and/or Warehousemen
• Canadian National Railway Company is a current client.
CLI-1668923v16 -8-
INTERESTED PARTY
RELATIONSHIP
TO THE DEBTORS
CLIENTS AND THEIR AFFILIATES
Caremark Major Benefits Administrator
• Parent company CVS Caremark Corporation is a current client; and
• Affiliate company Caremark RX, Inc. is: (a) a current client; and (b) the employer of an individual who is a current Jones Day client.
Caspian Capital Partners, L.P.; and Caspian Select Credit Master Fund
Major Secured Lenders and/or Administrative Agents
• To the extent it may be related to the named parties in interest, a company named Caspian Capital Advisors is a member of former client Murray Energy Ad Hoc Committee (closed 2009).
• See also entry above for BAL Global Finance LLC; Bank of America Leasing & Capital LLC; and Bank of America, N.A.; and entry below for Merrill Lynch Credit Products LLC regarding related disclosure.
Cerberus Cerberus Capital Management, L.P.
An Ultimate Owner of the Debtors (Member of Chrysler Holding LLC) Holder of Second Lien Debt
• Jones Day has represented Cerberus Bavarian Investments, B.V. ("CBI"), a Dutch fund that, to the best of Jones Day's understanding, is managed by Cerberus Global Investment Advisors, LLC or by entities that it owns or controls. Jones Day represented CBI solely in connection with certain discrete transactional matters in Europe, although Jones Day presently has no pending assignments from CBI; and
• Affiliate Cerberus Capital Management, L.P. and its affiliates are: (a) the majority owners of the ultimate parent company of the Debtors (including current client Chrysler LLC), their domestic nondebtor subsidiaries, wholly owned foreign nondebtor subsidiaries and other domestic nondebtor affiliates; (b) stockholders of current client BlueLinx Holdings, Inc.; (c) the ultimate owners of current client Albertson's LLC; (d) the lead investors in a consortium that owns a controlling interest in current client GMAC Financial Services; and (e) a stockholder of former client Property One GmbH (closed 2008).
• See also entry above for BlueLinx Holdings, Inc.; Cerberus Operations and Advisory Company LLC; and IAP Worldwide Services, Inc.; entries below for Chrysler LLC, et al.; and General Motors Corporation and text of Ball Declaration regarding related disclosure.
China Motor Corporation
Party to Material License Agreement and/or Permit
• China Motor Corporation and its parent company Yulon Group are current clients.
CLI-1668923v16 -9-
INTERESTED PARTY
RELATIONSHIP
TO THE DEBTORS
CLIENTS AND THEIR AFFILIATES
Affiliate of China Motor Corporation Joint Venture and/or Strategic Alliance Partner
• See also entry below for Nissan Motor Company, Ltd. regarding related disclosure.
Chrysler LLC, et al. The Debtors and their Domestic Nondebtor Subsidiaries and Wholly Owned Foreign Nondebtor Subsidiaries
• DaimlerChrysler Corporation, a former subsidiary of Daimler AG, was a client prior to the sale of a majority interest in current client Chrysler LLC to affiliates of Cerberus Capital Management, L.P. Daimler AG has been a client with respect to matters unrelated to Chrysler LLC and is now a former client (closed 2009).
• See also entries above for BlueLinx Holdings, Inc.; Cerberus Operations and Advisory Company LLC; and IAP Worldwide Services, Inc.; and Cerberus; and Cerberus Capital Management, L.P.; and entries below for Chrysler India Automotive Private Limited (d/b/a Mercedes Benz Private Ltd.); Daimler AG; Daimlerchrysler Berlin Werks; and Daimlerchrysler Do Brazil Ltda and text of Ball Declaration regarding related disclosure.
Chrysler India Automotive Private Limited (d/b/a Mercedes Benz Private Ltd.)
Wholly-Owned Foreign Nondebtor Subsidiary
• Affiliated company Mercedes Benz Argentina is an affiliated entity of former client Daimler AG (closed 2009).
• See also entry above for Chrysler LLC, et al. and entry below for Daimler AG regarding related disclosure.
Chubb Group of Insurance Companies Major Insurer and/or Insurance Broker
• Affiliate company Federal Insurance Company is a stockholder of current client International Automotive Components Group LLC.
The CIT Group Major Lessor and/or Related Entity
• Affiliate companies CIT Developments Limited, CIT Europe Limited and CIT Group/Business Credit are current clients; and
• Affiliate company CIT Group/Equipment Financing, Inc. is a former client (closed 2007).
CLI-1668923v16 -10-
INTERESTED PARTY
RELATIONSHIP
TO THE DEBTORS
CLIENTS AND THEIR AFFILIATES
Citibank, N.A. Citibank, N.A. – N.Y.
Depository and Disbursement Bank and Counterparty to Derivative Agreement Major Secured Lender and/or Administrative Agent
• Parent company Citigroup, Inc. is a current client;
• Affiliate companies Citigroup Global Markets Asia Limited, Citigroup Global Markets Limited, Honma Golf Co., Ltd., and TST George V S.A.R.L. are current clients;
• Affiliate company Citigroup Financial Products, Inc. is: (a) a stockholder of current client International Automotive Components Group LLC; and (b) a former affiliated entity of former client First United Asset Management Co., Ltd. (closed 2007);
• Affiliate company National Benefit Life Insurance is a member of former client Ad Hoc Committee of Thomson S.A. Noteholders (closed 2009); and
• Affiliate company Citicorp Venture Capital is a former stockholder of former client Hancor Holding Corporation (closed 2008).
Cleary Gottlieb Steen & Hamilton LLP Professional for Nondebtor Party in Interest
• Cleary Gottlieb Steen & Hamilton LLP is a former client (closed 2007).
Comerica Bank Depository and Disbursement Bank
• Parent company Comerica Incorporated is a current client.
Compass Automotive Group Other Supplier and/or Vendor
• Affiliate company Magnesium Aluminum Corporation is a current client.
Computer Associates International, Inc. Party to Material License Agreement and/or Permit
• Affiliate companies Computer Associates S.p.A. and Neptune Software, Inc. are current clients.
Computer Sciences Corporation Large Unsecured Creditor • Computer Sciences Corporation is a current client.
Concordia Institutional Multi-Strategy. Ltd.; Concordia Mac 29 Ltd.; and Concordia Partners, L.P.
Major Secured Lenders and/or Administrative Agents
• To the extent it is related to any or all of the named parties in interest, a company named Concordia BV is: (a) affiliated with current clients Guernsey Global Trust Limited and Rothschild Switzerland (C.I. Trustees) Limited; (b) the parent of current client Rothschild Trust (Bermuda) Limited; and (c) the parent of former client Rothschild Trust Guernsey Ltd. (closed 2007).
CLI-1668923v16 -11-
INTERESTED PARTY
RELATIONSHIP
TO THE DEBTORS
CLIENTS AND THEIR AFFILIATES
Continental AG Continental Automotive Systems Continental Automotive Guadalajara; Continental Automotive Huntsville; and Continental Teves
Major Supplier Other Supplier and/or Vendor Large Unsecured Creditors
• Affiliate companies Continental Tire North America, Inc. and Benecke-Kaliko AG are current clients.
• See also entry below for Temic Automotive of North America regarding related disclosure.
Cooper-Standard Automotive Group Other Supplier and/or Vendor
• Cooper-Standard Automotive Group and affiliate company Cooper Tire & Rubber Company are current clients; and
• Goldman Sachs Capital Partners, L.P., which along with The Cypress Group LLC is a participant in a joint venture that owns current client Cooper-Standard Automotive Group, is: (a) a member of a private investment group that holds a majority ownership interest in current client Capmark Financial Group, Inc.(f/k/a GMAC Commercial Mortgage Corporation); and (b) a co-owner of current client Education Management Corporation.
• See also entries below for General Motors Corporation, Goldman Sachs Credit Partners, L.P.; The Goldman Sachs Group, Inc. and J. Aron & Company (UK) regarding related disclosure.
CLI-1668923v16 -12-
INTERESTED PARTY
RELATIONSHIP
TO THE DEBTORS
CLIENTS AND THEIR AFFILIATES
Credit Suisse Candlewood SS Mt; and XX - Credit Suisse Candlewood Pr
Major Secured Lenders and/or Administrative Agents
• Parent company Credit Suisse Group is: (a) a partner of current client Meadowlands Xanadu; and (b) a stockholder of current client Performance Logistics Group, Inc.;
• Affiliate companies Credit Suisse Securities (Europe) Limited, Credit Suisse (Hong Kong) Limited and Select Portfolio Servicing, Inc. are current clients;
• Affiliate company Credit Suisse First Boston (a/k/a CS First Boston, Inc. and CSFB) is: (a) a current client; (b) a major shareholder of Asahi Tec, the direct and indirect parent company of current client Metaldyne Corporation;
• Affiliate company Credit Suisse Securities is a stockholder of current client International Automotive Components Group LLC; and
• Affiliate companies Credit Suisse Global Private Real Estate and Credit Suisse Guernsey Branch are limited partners of current client Limited Partner Group of New City Asia Partners.
• See also entry above for Asahi Tec and entry below for Metaldyne Corporation regarding related disclosure.
Crescent I, L.P. Major Secured Lender and/or Administrative Agent
• To the extent it is related to the named party in interest, a company named Crescent/Mach I Partners, L.P. is a stockholder of current client Magnequench International, Inc.
CSX Transportation, Inc. Common Carrier, Customs Broker and/or Warehousemen
• CSX Transportation, Inc. and affiliated entity Special Committee of CSX Board of Directors are current clients.
CTS Corporation Other Supplier and/or Vendor
• CTS Corporation is a current client.
Cummins Engine Company, Inc. Major Supplier • Cummins Engine Company, Inc. (d/b/a FleetGuard) is a current client.
Daimler AG An Ultimate Owner of the Debtors (Member of Chrysler Holding LLC)
and
Party to Other Significant Contract
• Daimler AG is a former client (closed 2009).
• See also entries above for Chrysler LLC, et al.; and Chrysler India Automotive Private Limited (d/b/a Mercedes Benz Private Ltd.); and entries below for Daimlerchrysler Berlin Werks; and Daimlerchrysler Do Brazil Ltda; and text of Ball Declaration regarding related disclosure.
CLI-1668923v16 -13-
INTERESTED PARTY
RELATIONSHIP
TO THE DEBTORS
CLIENTS AND THEIR AFFILIATES
Dana Holding Corporation (f/k/a Dana Corporation)
Major Supplier • Dana Holding Corporation (f/k/a as Dana Corporation) is a current client.
• See also entries below for Emerson Electric Company, GETRAG-related entities, GKN Driveline, IBM Global Financing and TRW, Inc. regarding related disclosure.
De Lage Landen Financial Services Major Lessor and/or Related Entity
• Parent company Rabobank (a/k/a Cooperatieve Centrale Raiffeisen-Boerenleenbank BA ookte noemen Rabobank Nederland) and affiliate company De Lage Landen International B.V. Sucursal en Espana are current clients; and
• Affiliate company De Lage Landen International B.V. is a former client (closed 2007).
• See also entry below for Xerox Corporation regarding related disclosure.
Delphi Automotive Systems, a/k/a Delco Electronics Systems
Major Supplier • Delphi Corporation, a/k/a Delco Electronics Systems is a participant in a joint venture with Kulicke & Soffa (K&S) that formed current client Flipchip International LLC.
Denso Corporation
Denso International America, Inc.
Major Supplier
Large Unsecured Creditor
• Denso Corporation is: (a) a current client; and (b) a joint venture participant with current client Toyota Motor Corporation.
• See also entry below for Toyota Motor Corporation regarding related disclosure.
CLI-1668923v16 -14-
INTERESTED PARTY
RELATIONSHIP
TO THE DEBTORS
CLIENTS AND THEIR AFFILIATES
Deutsche Bank Securities, Inc. Deutsche Bank – New York; and Deutsche Bank Trust Company America
Major Business Affiliation of Chrysler LLC’s Directors and Managers Major Secured Lenders and/or Administrative Agents
• Parent company Deutsche Bank AG is: (a) a former client (closed 2009); (b) a major stockholder of current client Borders Group, Inc.; (c) the parent of Pyramid Ventures, a minority interest owner of current client Geobiotics LLC; (d) a member of current client Ad Hoc Committee of Geo Specialty Chemicals, Inc.; (e) a joint venture participant with current client Orix Corporation (f) the former parent of Deutsche Bank Venture Capital, a major stockholder of current client Timebase Pty Limited; (g) the ultimate parent of former client DB Trust Company Limited Japan (closed 2007); and (h) the employer of an individual who is a former Jones Day client (closed 2008);
• Affiliate companies Deutsche Bank Trust Company Americas, Deutsche Bank International (Asia) Limited, Deutsche Bank AG New York, Deutsche Bank AG, Taipei Branch and Ald Autoleasing D GmbH are current clients;
• Affiliate company Deutsche Bank AG, Hong Kong Branch is a current client and a co-client with current client DB Trustees (Hong Kong) Limited;
• Affiliate company Deutsche Bank AG, London Branch is: (a) a current client; and (b) a minority interest owner of current client Deutsche Software Limited;
• Affiliate company DB Capital Partners is a former stockholder of former client Redfern Photonics Pty Ltd. (closed 2007); and
• Affiliate companies Deutsche Bank Capital Markets (closed 2007) and Deutsche Equities India Pvt. Ltd. (closed 2008) are former clients.
CLI-1668923v16 -15-
INTERESTED PARTY
RELATIONSHIP
TO THE DEBTORS
CLIENTS AND THEIR AFFILIATES
Dicastal Wheel Manufacturing Company Major Supplier • Parent company The Citic Group and affiliate companies Citic International Financial Holdings Limited and Citic Resources Holdings Ltd. are current clients; and
• Affiliate company Citic International Contracting, Inc. is a former client (closed 2007).
Dollar Rent A Car, Inc.; Dollar Thrifty Automotive Group, Inc.
(a/k/a DTAG); and Thrifty, Inc.
Major Fleet Customers • Dollar Thrifty Automotive Group, Inc. is: (a) a current client; and (b) the parent of Dollar Rent A Car, Inc. and Thrifty, Inc.
Eaton Corporation Major Supplier
and
Major Fleet Customer
• Eaton Corporation is a current client.
Ecolab, Inc. Major Fleet Customer • Ecolab, Inc. is a current client.
Emcon Technologies LLC Major Supplier • Ultimate parent company JPMorgan Chase, National Association is a current client.
• See also entry below for JPMorgan Chase Bank, N.A.; JPMorgan Bank Branch - 0802 regarding related disclosure.
Emerson Electric Company Major Fleet Customer • Emerson Electric Company is: (a) a former client (closed 2007); and (b) a participant in a former joint venture with Dana Corporation (n/k/a current client Dana Holding Corporation);
• Affiliate company Emerson Process Management Power and Water Solutions, Inc. is a current client; and
• Affiliate company Appleton Electric Company is a former client (closed 2007).
• See also entry above for Dana Holding Corporation (f/k/a Dana Corporation) regarding related disclosure.
CLI-1668923v16 -16-
INTERESTED PARTY
RELATIONSHIP
TO THE DEBTORS
CLIENTS AND THEIR AFFILIATES
Entrecap LLC Major Business Affiliation of Chrysler LLC’s Directors and Managers
• Parent company Entrecap Financial Corporation is an affiliate of Cerberus Capital Management, L.P.
• See also entries above for Cerberus; and Cerberus Capital Management, L.P.; Chrysler LLC, et al.; and entry below for Scottish RE; and Talecris Bio Therapeutics, Inc and text of Ball Declaration regarding related disclosure.
Faurecia Faurecia Auto Seating, Inc. Faurecia Exhaust Systems
Major Supplier Large Unsecured Creditor Other Supplier and/or Vendor
• Affiliate companies Faurecia Innernraum Systeme GmbH and Peugeot Citroen Japon Co., Ltd., f/k/a former client Peugeot Japan Co., Ltd. (closed 2008), are current clients.
Federal-Mogul Corporation Major Supplier • Federal-Mogul Corporation is a current client.
FIG Leasing Company
Major Fleet Customer • Affiliate companies Zurich Insurance Holding (Hong Kong) Ltd. and Associated Marine Insurers & Agents Pty Ltd. are current clients;
• Affiliate company American Zurich Insurance Company is a stockholder of current client International Automotive Components Group LLC; and
• Affiliate company Zurich Capital Markets, Inc. is the former employer of two individuals who are former Jones Day clients (closed 2007 and 2008, respectively).
• See also entry below for Zurich Financial Services regarding related disclosure.
FileNet Corporation Party to Material License Agreement and/or Permit
• Parent company International Business Machines Corporation (IBM) is a current client;
• Affiliate company IBM Japan has an ownership interest in current client Real Estate & Construction Services, Ltd.; and
• Affiliate company IBM Credit Corporation was a participant in a former joint venture with Dana Corporation (n/k/a current client Dana Holding Corporation).
• See also entry above for Dana Holding Corporation (f/k/a Dana Corporation); and entry below for IBM Global Financing; International Business Machines (IBM) regarding related disclosure.
CLI-1668923v16 -17-
INTERESTED PARTY
RELATIONSHIP
TO THE DEBTORS
CLIENTS AND THEIR AFFILIATES
Flextronics Automotive, Inc. Other Supplier and/or Vendor
• Parent company Flextronics International Ltd. is a current client; and
• Affiliate companies Flextronics International USA, Inc. and Flextronics are former clients (both closed 2007).
Geely Holding Group Certain Competitor to the Debtors
• Geely Holding Group is affiliated with former client Geely International Corporation (closed 2007).
GE Capital Corporation General Electric Co., Inc.; and G.E. Fleet Council
Major Lessor and/or Related Entity Major Fleet Customers
• General Electric Co., Inc. is: (a) a current client; (b) the parent of GE Capital Corporation and G.E. Fleet Council; (c) the employer of an individual who is a current Jones Day client (opened 2008); and (d) a joint venture participant with former client NVC Industrial Development Co. Ltd. (closed 2008);
• Affiliate company General Electric Capital Corporation is a member of current client Ad Hoc Committee of Lenders to Euramax; and
• Affiliate company Genworth Mortgage Insurance Corporation is a current client.
• See also entries below for Penske Corporation; Penske Logistics and Xerox Corporation regarding related disclosure.
CLI-1668923v16 -18-
INTERESTED PARTY
RELATIONSHIP
TO THE DEBTORS
CLIENTS AND THEIR AFFILIATES
General Motors Corporation Certain Competitor to the Debtors
• General Motors Corporation is: (a) a current client; (b) the employer of an individual who is a current Jones Day client; (c) a minority owner of current client Capmark Financial Group (f/k/a GMAC Commercial Mortgage Corporation); (d) a majority owner of former client Dmax Ltd. (closed 2007); (e) an affiliated entity of former client Deskom (closed 2008); (f) a participant with current client Toyota Motor Corporation in a joint venture known as former client New United Motor Manufacturing, Inc. (closed 2008); and (g) has a 49% ownership interest in current client GMAC Financial Services; and
• Affiliated entity General Motors Pension Trust is a partner in current client Morgan Stanley RE Fund II and a limited partner in current client MS Real Estate Fund, Inc.
• See also entries above for BlueLinx Holdings, Inc.; Cerberus Operations and Advisory Company LLC; and IAP Worldwide Services, Inc.; Cerberus; and Cerberus Capital Management, L.P.; Chrysler LLC, et al.; Cooper-Standard Automotive Group; and entries below for Goldman Sachs Credit Partners, L.P., et al.; and Toyota Motor Corporation and text of Ball Declaration regarding related disclosure.
GETRAG Getriebe-und Zahnradfabrik GETRAG Getriebe und Zahnradfabrik
Hermann Hagenmeyer GmbH & Cie KG; GETRAG International GmbH; and GETRAG Transmission Manufacturing LLC
Major Supplier Parties to Significant Litigation
• GETRAG Getriebe und Zahnradfabrik Hermann Hagenmeyer GmbH & Cie KG and parent company T. Hagenmeyer Industriebeterlingungsgese were participants in a former joint venture with Dana Corporation (n/k/a current client Dana Holding Corporation).
• See also entry above for Dana Holding Corporation (f/k/a Dana Corporation).
GKN Driveline; and GKN Sinter Metals
Other Suppliers and/or Vendors
• Parent company GKN Plc is: (a) a current client; and (b) along with affiliate companies GKN Autostructures Ltd. and GKN North America, Inc., a participant in a former joint venture with Dana Corporation (n/k/a current client Dana Holding Corporation).
• See also entry above for Dana Holding Corporation (f/k/a Dana Corporation) and entry below for Siemens Financial Services, Inc.; Siemens Shared Services regarding related disclosure.
CLI-1668923v16 -19-
INTERESTED PARTY
RELATIONSHIP
TO THE DEBTORS
CLIENTS AND THEIR AFFILIATES
Goldman Sachs Lending Partners The Goldman Sachs Group, Inc.
Major Secured Lender and/or Administrative Agent Counterparty to Derivative Agreement
• Goldman Sachs Credit Partners L.P. is: (a) a former client (closed 2007); and (b) a member of current client Service Net Solutions Ad Hoc Committee;
• Parent company Goldman Sachs Group, Inc. is: (a) a stockholder of current client Health Markets, Inc.; (b) an investor in current client Sun Edison LLC; and (c) a participant in a joint venture with The Cypress Group that has an ownership interest in current client Cooper-Standard Automotive Group;
• Affiliate companies Goldman Sachs Gao Hua Securities Company Ltd. and Goldman Sachs International are current clients;
• Affiliate company Goldman Sachs (Singapore) Pte. is a co-client with current client Kotak Mahindra Capital Company;
• Affiliate company Goldman Sachs & Co. is: (a) a current client; and (b) a stockholder of current clients Osyka Corporation and International Automotive Components Group LLC; and
• Affiliate company Goldman Sachs Capital Partners, L.P. is: (a) a member of a private investment group that holds a 78% ownership interest in current client Capmark Financial Group, Inc.(f/k/a GMAC Commercial Mortgage Corporation); and (b) a co-owner of current client Education Management Corporation;
• Affiliate company GS Capital Partners VI Fund, L.P. is affiliated with current client Alltel Corporation;
• Affiliate company Fujita Corporation is a participant in a joint venture with current client Chun Wo (China) Limited; and
• Affiliate company J. Aron & Company (UK) is a former client (closed 2008).
• See also entries above for Cooper-Standard Automotive Group; and General Motors Corporation; and entry below for J. Aron & Company (UK) regarding related disclosure.
Goodyear Tire & Rubber Company Major Supplier • Goodyear Tire & Rubber Company is a current client.
Guardian Industries Corporation Major Supplier • Guardian Industries Corporation is a current client.
CLI-1668923v16 -20-
INTERESTED PARTY
RELATIONSHIP
TO THE DEBTORS
CLIENTS AND THEIR AFFILIATES
Harman Becker Automotive Systems, Inc. Harman International Industries
Incorporated
Other Supplier and/or Vendor and Large Unsecured Creditor Major Supplier
• Harman International Industries is: (a) a current client; (b) the parent of Harman Becker Automotive Systems; (c) the employer of an individual who is a current Jones Day client (opened 2007); and (d) the employer of an individual who is a former Jones Day client (closed 2008); and
• An individual related to one of the principals of Harman International Industries, Inc. is a former Jones Day client (closed 2008).
The Hartford Financial Services Group, Inc. Major Insurer and/or Insurance Broker
• The Hartford Financial Services Group, Inc. is: (a) a current client; and (b) the employer of an individual who is a current Jones Day client; and
• Affiliate company Twin City Fire Insurance Company is a stockholder of current client International Automotive Components Group LLC.
Henkel AG & Co. Kgaa (f/k/a Henkel Kgaa) Henkel Corporation
Major Supplier Other Supplier and/or Vendor
• Henkel AG & Co. Kgaa (f/k/a Henkel Kgaa) is: (a) a current client; and (b) the parent of Henkel Corporation.
Hewitt Associates LLC Major Benefits Administrator
• Hewitt Associates LLC is a current client.
Hitachi Capital America Corporation (f/k/a Hitachi Credit America Corporation)
Major Lessor and/or Related Entity
• Parent company Hitachi Ltd is a current client;
• Affiliate companies Hitachi Global Storage Technologies Singapore, Hitachi Limited (Automotive Systems) and Hitachi Power Europe GmbH are current clients; and
• Affiliate company Hitachi Communication Technologies, Ltd. is a former client (closed 2007).
Honda Motor Co., Ltd. Certain Competitor to the Debtors
• Honda Motor Co., Ltd. and affiliate companies American Honda Motor Co., Inc., Honda Engineering Co., Ltd. and Honda of America Manufacturing, Inc. are current clients.
HSH Nordbank AG Major Lessor and/or Related Entity
• HSH Nordbank AG is a current client.
Huntington National Bank Major Lessor and/or Related Entity
• Parent company Huntington Bancshares, Inc. is: (a) a current client; and (b) a partner of current client Skybus Airlines LLC.
CLI-1668923v16 -21-
INTERESTED PARTY
RELATIONSHIP
TO THE DEBTORS
CLIENTS AND THEIR AFFILIATES
Hydro Aluminum Automotive Other Supplier and/or Vendor
• Parent company Statoilhydro ASA, f/k/a as former client Norsk Hydro ASA (closed 2007), is a current client.
Ikon Office Solutions, Inc. Major Business Affiliation of Chrysler LLC’s Directors and Managers
• Parent company Ricoh Corporation is a current client.
Illinois Tool Works, Inc. Major Supplier • Illinois Tool Works, Inc. is a former client (closed 2008).
International Auto Components Group North America, Inc.
Major Supplier • International Auto Components Group North America, Inc. and parent company International Automotive Components Group LLC are current clients;
• Affiliate company International Automotive Components Group Brazil is a former client (closed 2008); and
• See also entries below for Lear Corporation and Toyota Motor Corporation regarding related disclosure.
IBM Global Financing International Business Machines
Corporation (IBM)
Major Lessor and/or Related Entity
Party to Material License Agreement and/or Permit
• International Business Machines Corporation (IBM) is: (a) a current client; and (b) the parent of IBM Global Financing;
• Affiliate company IBM Japan has an ownership interest in current client Real Estate & Construction Services Ltd.; and
• Affiliate company IBM Credit Corporation was a participant in a former joint venture with Dana Corporation, (n/k/a current client Dana Holding Corporation).
• See also entries above for Dana Holding Corporation (f/k/a Dana Corporation); and FileNet Corporation regarding related disclosure.
J. Aron & Company (U.K.) Counterparty to Derivative Agreement
• J. Aron & Company (U.K.) is a former client (closed 2008).
• See also entries above for Cooper-Standard Automotive Group; and Goldman Sachs Credit Partners, L.P., et al. regarding related disclosure.
J. B. Hunt Transportation Services, Inc. Common Carrier, Customs Broker and/or Warehousemen
• J.B. Hunt Transportation Services, Inc. is a former client (closed 2008).
CLI-1668923v16 -22-
INTERESTED PARTY
RELATIONSHIP
TO THE DEBTORS
CLIENTS AND THEIR AFFILIATES
JPMorgan Bank Branch - 0802 JPMorgan Chase Bank, N.A
Major Secured Lender and/or Administrative Agent Depository and Disbursement Bank; Issuer of Letter of Credit and/or Line of Credit; and Counterparty to Derivative Agreement
• JPMorgan Chase Bank, N.A. is: (a) a current client; and (b) a joint venture participant with current client Anchor Capital Investment LLC;
• Parent company JPMorgan Chase, National Association is: (a) a current client; and (b) a minority shareholder of current client Geobiotics LLC;
• Affiliate companies JPMorgan Cazenove, JPMorgan Plc, One Equity Partners II, L.P., Bear Stearns & Co., Inc. and JPMorgan Securities Limited are current clients;
• Affiliate company JPMorgan Europe is a member of current client Ad Hoc Committee of Autodis Mezzanine Bondholders;
• Affiliate company JPMorgan Capital is a stockholder of former client NexPak Corporation (closed 2008); and
• Affiliate companies JPMorgan Partners Asia (closed 2007) and JPMorgan Australia Securities Ltd., Chase Bank of Texas, N.A. and Washington Mutual F.A. (all closed 2008) are former clients.
• See also entry above for Emcon Technologies LLC regarding related disclosure.
Johnson Controls, Inc. Major Supplier
and
Large Unsecured Creditor
• Johnson Controls, Inc. (a/k/a JCI) is a shareholder and joint venture partner of current client Johnson Controls – Saft Advanced Power Solutions; and
• Affiliate company Johnson Controls Northern New Mexico LLC has an ownership interest in current client Washington Division of URS Corporation.
Johnson Matthey Plc Major Supplier • Johnson Matthey Plc is a current client.
KeyBank, N.A. Depository and Disbursement Bank
• Parent company Keycorp and affiliate company Key Principal Partners Corporation are current clients.
CLI-1668923v16 -23-
INTERESTED PARTY
RELATIONSHIP
TO THE DEBTORS
CLIENTS AND THEIR AFFILIATES
KPMG LLP Debtors’ Professional • KPMG LLP is: (a) a former client (closed 2008); (b) the employer of an individual who is a current Jones Day client; and (c) the employer of an individual who is a former Jones Day client (closed 2007);
• Affiliate companies KPMG, Inc. and KPMG (Corporate Recovery) are former clients (both closed 2008).
Kuka Flexible Production Systems Corporation
Kuka Toledo Production Operations LLC
Large Unsecured Creditor Party to Other Significant Contract
and
Large Unsecured Creditor
• Parent company Kuka AG is a current client.
Lear Corporation Major Supplier • Lear Corporation is a stockholder of and a joint venture participant with current client International Automotive Components Group LLC.
• See also entry above for International Automotive Components Group North America, Inc. regarding related disclosure.
Liberty Mutual
Liberty Mutual Group
Major Fleet Customer
Major Insurer and/or Insurance Broker
• Affiliate company Liberty Mutual Investment Advisors LLC is a limited partner of current client Limited Partner Group of New City Asia Partners.
Macquarie Equipment Finance LLC Major Lessor and/or Related Entity
• Affiliate companies Macquarie Bank Ltd., Macquarie Securities Limited, Macquarie Real Estate Capital K.K., Goodman Invest Management (UK) Limited, Goodman International Limited (f/ka Macquarie Goodman Management Limited), Goodman Industrial Trust (f/k/a Macquarie Goodman Industrial Trust), MG Office (Jersey) Limited, The Gas Company LLC, Atlantic Aviation, MG Logistics (Jersey) Limited, Goodman UK Limited and Goodman Citadel (Jersey) Limited are current clients;
• Affiliate company Macquarie DDR Trust (MDT) is an affiliated entity of current client Developers Diversified Realty Corporation;
• Affiliated company Property Partners (Whitgift) Limited is a partner of former client Whitgift Shopping Centre Partnership (closed 2008); and
• Affiliate company Macquarie Infrastructure Group is a former client (closed 2007).
CLI-1668923v16 -24-
INTERESTED PARTY
RELATIONSHIP
TO THE DEBTORS
CLIENTS AND THEIR AFFILIATES
Magna International, Inc. Magna Steyr LLC, d/b/a Magna Steyr North
America Toledo Paint Facility Magna Powertrain, Inc.; and Magna Steyr LLC
Major Supplier Party to Other Significant Contract Large Unsecured Creditors
• Magna International, Inc. is: (a) a current client; and (b) the parent of Magna Powertrain, Inc. and Magna Steyr LLC.
Mahle GmbH Mahle Industries, Inc.
Major Supplier Other Supplier and/or Vendor
• Mahle GmbH is a current client and affiliated with Mahle Industries, Inc. and Mahle Sistemas de Filtracion.
Mariner LDC Major Secured Lender and/or Administrative Agent
• To the extent it is related to the named party in interest, a company named Mariner Capital is a member of former client Murray Energy Ad Hoc Committee (closed 2009).
Marsh & McLennan Companies, Inc. Major Insurers and/or Insurance Brokers
• Affiliate companies Encon Underwriting Ltd. and Marsh (Hong Kong) Limited are current clients; and
• Affiliate companies Mercer Human Resource Consulting and Kroll Zolfo Cooper Structured Equity are former clients (both closed 2007).
Mazda MotorCorporation Certain Competitor to the Debtors
• Mazda Motor Corporation is a current client.
Mellon US Leasing Major Lessor and/or Related Entity
• Parent company The Bank of New York Mellon Corporation, the successor in interest following the merger of former parent company The Bank of New York, Co. Inc. and current client Mellon Financial Corporation, is a member of current client Allegheny Health Education Research Foundation (AHERF) Creditors' Committee; and
• Affiliate companies Bank of New York and Fursa Alternative Strategies LLC (f/k/a Mellon HBV Alternative Strategies LLC) are current clients.
Mercury Interactive Corporation Party to Material License Agreement and/or Permit
• Mercury Interactive Corporation is: (a) a former client (closed 2007); and (b) the employer of an individual who is a current Jones Day client; and
• New affiliate company Electronic Data Systems is a current client.
• Merrill Lynch Credit Products LLC is a member of current client Bi-Lo Ad Hoc Committee;
• New parent company Bank of America Corporation is a current client;
• Affiliate companies DSP Merrill Lynch Limited, Merrill Lynch Asia Pacific Ltd., Merrill Lynch International and Merrill Lynch Europe Plc are current clients;
• Former parent company Merrill Lynch & Co. is: (a) a current client; (b) a co-client with current client CS First Boston, Inc.; and (c) the employer of four individuals who are former Jones Day clients (all closed 2008);
• Affiliate company Merrill Lynch Pierce Fenner & Smith is the principal employer of two individuals who are current Jones Day clients (both opened 2007); and
• Affiliate company Merrill Lynch International (Australia) Limited is a former client (closed 2007).
• See also entries above for BAL Global Finance LLC; Banc of America Leasing & Capital LLC; and Bank of America, N.A.; and Caspian Capital Partners L.P.; and Caspian Sel Credit Master Fund regarding related disclosure.
Metaldyne Corporation Major Supplier • Metaldyne Corporation is a current client; and
• RHJ International, S.A. (a/k/a Ripplewood), a major shareholder of parent company Asahi Tec Corporation, is a current client.
• See also entries above for Asahi Tec Corporation; and Credit Suisse Candlewood SS Mt.; XX Credit Suisse Candlewood Pr. regarding related disclosure.
Methode Electronics, Inc. Other Supplier and/or Vendor
• Affiliate company Methode México, S.A. De C.V. is a current client.
Microsoft Corporation Party to Material License Agreement and/or Permit
• Microsoft Corporation is a joint venture participant with current client Tribune Company.
CLI-1668923v16 -26-
INTERESTED PARTY
RELATIONSHIP
TO THE DEBTORS
CLIENTS AND THEIR AFFILIATES
Mister Car Wash, a trade style for Onex Corporation
Party to Significant Litigation
• Affiliate companies Onex Credit Partners, Allison Transmission and Skilled Healthcare Group, Inc. are current clients; and
• Affiliate company Onex Partners, L.P. is: (a) the parent of Tube City IMS Corporation, a member of current client Tube City LLC; and (b) the parent of former client Emcare, Inc. (closed 2009).
Modine Manufacturing Company Other Supplier and/or Vendor
• Modine Manufacturing Company is a current client.
Morgan Stanley Senior Fund, Inc. Major Secured Lender and/or Administrative Agent
• Parent company Morgan Stanley is a member of current client Pace Investment Group;
• In October 2008 Mitsubishi UFJ Financial Group, Inc. acquired a 21% ownership in Morgan Stanley and its affiliate companies, including current clients Morgan Stanley Realty, Inc., Morgan Stanley Real Estate Fund II, Morgan Stanley Real Estate Fund III, Morgan Stanley Real Estate Fund IV, Morgan Stanley Real Estate Fund V, Morgan Stanley Real Estate Fund VI, Morgan Stanley Real Estate Fund VII, Morgan Stanley & Co. International Ltd., JM Morgan Stanley Private Ltd., Morgan Stanley Dean Witter Asia (Taiwan) Limited, Morgan Stanley Real Estate Special Situations Fund and Morgan Stanley Real Estate Advisor, Inc. and certain of its investors;
• Affiliate company Morgan Stanley & Co., Incorporated is: (a) a current client; (b) a co-client with current client CS First Boston, Inc.; and (c) a stockholder of current client Education Finance Partners, Inc.;
• Affiliate company Morgan Stanley Real Estate Fund, Inc. is: (a) a current client; and (b) a joint venture participant with current client Simon Property Group, Inc.;
• Affiliate company Morgan Stanley International, Inc. is: (a) a current client; and (b) a joint venture participant with former client China International Capital Corporation Ltd. (closed 2007);
• New affiliated company The Bank of Tokyo-Mitsubishi UFJ Ltd. is: (a) a current client; and (b) a majority stockholder of current client Union Bank of California;
CLI-1668923v16 -27-
INTERESTED PARTY
RELATIONSHIP
TO THE DEBTORS
CLIENTS AND THEIR AFFILIATES
• New affiliated company Mitsubishi UFJ Securities is a stockholder of current client Pled Technology Group (Hong Kong) Ltd.;
• New affiliated companies Bank of Tokyo Mitsubishi Trust Company and Mitsubishi UFJ Lease & Finance Company Limited are current clients;
• Affiliate company Morgan Stanley European Real Estate Special Situations Fund II is a former client (closed 2007);
• New affiliated company BTM Capital Corporation is a former limited partner of former client Volvo Aero Services, L.P. (closed 2008); and
• New affiliated company Bank of Tokyo-Mitsubishi Limited, Sucursal en Espana is a former client (closed 2007).
National City Bank Depository and Disbursement Bank
• New parent company PNC Financial Services Group is a current client;
• National City Bank is: (a) a current client; and (b) the employer of an individual who is a current Jones Day client; and
• Former parent company National City Corporation is a current client.
• See also entry below for PNC Leasing regarding related disclosure.
National Union Insurance Group, Inc. Major Insurer and/or Insurance Broker
• Affiliate company National Union Insurance Company of Pittsburgh is a stockholder of current client International Automotive Components Group LLC.
• See also entry above for AIG Casualty Company; AIG Cat Excess Liability; and American International Group, Inc., the parent company of National Union Insurance Company of Pittsburgh, regarding related disclosure.
Nissan Motor Company, Ltd. Joint Venture and/or Strategic Alliance Partner
• Nissan Motor Company, Ltd. is: (a) a major stockholder of current client Yulon Group; and (b) a joint venture participant with former client Dong Feng Automotive Co., Ltd. (closed 2007).
• See also entry above for China Motor Corporation; Affiliate of China Motor Corporation regarding related disclosure.
CLI-1668923v16 -28-
INTERESTED PARTY
RELATIONSHIP
TO THE DEBTORS
CLIENTS AND THEIR AFFILIATES
NTN Bearing Corporation of America Major Supplier, Other Supplier and/or Vendor
• Parent company NTN Corporation was a participant in a former joint venture with Dana Corporation (n/k/a current client Dana Holding Corporation).
• See also entry above for Dana Holding Corporation (f/k/a Dana Corporation) regarding related disclosure.
Oaktree Value Opportunity Fund Holdings; OCM Opportunities Fund VII Del.; and XX Ocm Opp Fund VIIB Delaware
Major Secured Lenders and/or Administrative Agents
• Affiliate companies Pangaea Capital Management (Singapore) Pte Ltd. and OCM Luxembourg EPOF II S.A.R.L. are current clients;
• Affiliate company OCM Holdings LLC is affiliated with an individual who is a current Jones Day client;
• Affiliate companies OCM Principal Opportunities Fund III, L.P., OCM Principal Opportunities Fund IIIA, L.P. and OCM Principal Opportunities Fund IIIGP, L.P. are stockholders of former client Interep National Radio Sales, Inc. (closed 2009);
• Affiliate company OCM Opportunities Fund II, L.P. is a stockholder of current client Doskocil Manufacturing Company, Inc.; and
• Affiliate company Oaktree Capital (Hong Kong) Limited is a former client (closed 2008).
Omnicom Capital, Inc. Major Secured Lender and/or Administrative Agent
• Parent company Omnicom Group, Inc. is: (a) a current client; (b) a shareholder of current client Aegis Group Plc; and (c) a partner of former client Seneca Investments LLC (closed 2007).
Oppenheimer Master Loan Fund LLC; and Oppenheimer Senior Floating Rate Fund
Major Secured Lenders and/or Administrative Agents
• Parent company Oppenheimer & Co., Inc. is a former client (closed 2007).
Park National Bank Major Lessor and/or Related Entity
• Park National Bank is a current client.
CLI-1668923v16 -29-
INTERESTED PARTY
RELATIONSHIP
TO THE DEBTORS
CLIENTS AND THEIR AFFILIATES
Penske Corporation
Penske Logistics LLC
Major Supplier
Common Carrier, Customs Broker, and/or Warehousemen
• Penske Corporation was a participant in a former joint venture with Dana Corporation (n/k/a current client Dana Holding Corporation); and has an ownership interest in current client Penske Automotive Group, Inc.; and
• Penske Logistics LLC is a joint venture between Penske Corporation and current clients Penske Automotive Group, Inc. and General Electric Co., Inc.
• See also entries above for Dana Holding Corporation (f/k/a Dana Corporation); and General Electric Capital Corporation; General Electric Co., Inc.; G.E. Fleet Council regarding related disclosure.
Pepsico, Inc. Major Fleet Customer • Pepsico, Inc. is: (a) a current client; (b) a stockholder of current client The Pepsi Bottling Group, Inc.; (c) a partner in current client Pepsi-Lipton Tea Partnership; (d) the ultimate parent of current client Frito Lay, Inc.; and (e) the former parent of current client Pizza Hut, Inc. and former client Pizza Belgium BVBA (closed 2007); and
• An individual who is on the Board of Directors of Pepsico, Inc. is a current Jones Day client.
• Parent company Perella Weinberg Partners, L.P. is: (a) a current client; and (b) the employer of an individual who is a former Jones Day client (closed 2009).
Philip Morris USA Major Fleet Customer • Affiliate company Kraft Foods, Inc. is a current client; and
• Affiliate companies Philip Morris, Inc., Kraft Foods Schweiz AG, Kraft France and Kraft Foods Belgium S.A. are former clients (all closed 2007).
• See also entry below for Reams – Kraft Foods Master Ret. regarding related disclosure.
Philips Electronics North America Corporation
Major Fleet Customer • Philips Electronics North America Corporation is a current client; and
• Parent company Koninklijke Philips Electronics N.V., d/b/a Royal Philips Electronics, is a stockholder of current client NXP Semiconductors USA, Inc.
CLI-1668923v16 -30-
INTERESTED PARTY
RELATIONSHIP
TO THE DEBTORS
CLIENTS AND THEIR AFFILIATES
PNC Leasing Major Lessor and/or Related Entity
• Parent company PNC Financial Services Group is: (a) a current client; and (b) the new parent company of current client National City Corporation and its affiliate companies, including current client National City Bank;
• Affiliate company PNC Bank, National Association (Trustee) is: (a) a current client; and (b) a member of current client Allegheny Health Education Research Foundation (AHERF) Creditors' Committee;
• Related entity Administrative Committee of PNC Financial Services Group is a current client; and
• Affiliate company Blackrock, Inc. is a member of current client Ad Hoc Committee of Geo Specialty Chemicals, Inc.
• See also entry above for National City Bank regarding related disclosure.
PPG Industries, Inc. Major Supplier • PPG Industries, Inc. is a current client.
Reams – Bill & Melinda Gates Foundation Major Secured Lender and/or Administrative Agent
• Bill & Melinda Gates Foundation is affiliated with current client Red Campaign Foundation, Inc.
Reams – Connecticut General Life Insurance Company
Major Secured Lender and/or Administrative Agent
• Connecticut General Life Insurance Company is: (a) a current client; and (b) a member of former client Ad Hoc Committee of Thomson S. A. Noteholders (closed 2009); and
• Parent company Cigna Corporation is a current client.
Reams – Halliburton Company Major Secured Lender and/or Administrative Agent
• Halliburton Company is a current client;
• Affiliate companies Halliburton Far East Pte Ltd. and Kellogg, Brown & Root Asia Pacific Pte Ltd. are current clients; and
• Affiliate company Halliburton Energy Services, Inc. is a member of current client OFS Portal LLC.
Reams – Kraft Foods Master Ret Major Secured Lender and/or Administrative Agent
• Affiliated company Kraft Foods, Inc. is a current client; and
• Affiliated companies Kraft Foods Schweiz AG, Kraft France and Kraft Foods Belgium S.A. are former clients (all closed 2007).
• See also entry above for Philip Morris USA regarding related disclosure.
CLI-1668923v16 -31-
INTERESTED PARTY
RELATIONSHIP
TO THE DEBTORS
CLIENTS AND THEIR AFFILIATES
Reams – Prudential Ret Ins & Ann. Major Secured Lender and/or Administrative Agent
• Affiliated companies Prudential Asset Management (Singapore) Limited and Prudential Property Investment Management (Singapore) Limited are current clients;
• Affiliated companies Prudential Annuities Limited, Prudential Retirement Income Limited and former client The Prudential Assurance Company Limited (closed 2008) are members of former client Ad Hoc Committee of Thomson S.A. Noteholders (closed 2009); and
• Affiliated company Prudential Insurance Company of America is a former client (closed 2007).
Reams – Santa Barbara County Emp R Major Secured Lender and/or Administrative Agent
• Related entity Santa Barbara County Employees Retirement System is a current client.
Reams – Trustees of Indiana University Major Secured Lender and/or Administrative Agent
• Trustees of Indiana University are related to the Indiana University Purdue University at Indianapolis (IUPUI) University Library, a partner of current client Center for Governmental Studies.
Royal Bank of Canada Depository and Disbursement Bank;
Issuer of Letter of Credit and/or Line of Credit;
and
Counterparty to Derivative Agreement
• Royal Bank of Canada (closed 2007) and affiliate company RBC Dain Rauscher, Inc. (closed 2009) are former clients; and
• Affiliate companies Royal Bank of Canada Europe Limited and Royal Bank of Canada Investment Management (USA) Limited are current clients.
Royal and Sun Alliance Major Insurer and/or Insurance Broker
• Affiliate company Orion Capital Managers (France) is a current client.
CLI-1668923v16 -32-
INTERESTED PARTY
RELATIONSHIP
TO THE DEBTORS
CLIENTS AND THEIR AFFILIATES
Royal Bank of Scotland Plc Major Secured Lender and/or Administrative Agent
• Royal Bank of Scotland Plc is: (a) a current client; and (b) a joint venture participant with current client Miller Developments Limited;
• Parent company The Royal Bank of Scotland Group Plc and affiliate companies Royal Bank of Scotland Invoice Discount Ltd., Eurosales Finance, Citizens Financial Group, Inc. and RBS Invoice Finance Limited are current clients;
• Affiliate companies Royal Bank of Scotland Commercial Services Limited (London Region) and The Royal Bank of Scotland Sucursal en Espana are former clients (both closed 2007); and
• Affiliate company Royal Bank Development Capital Limited is a stockholder of current client Vista Capital De Expansion S.A., S.G.E.C.R.
Ryder System, Inc. Ryder Truck Rental
Customs Broker, Common Carrier and/or Warehousemen Major Fleet Customer
• Ryder System, Inc. is a current client and the parent company of Ryder Truck Rental.
SAP AG Party to Material License Agreement and/or Permit
• SAP AG and affiliate company SAP Labs India Pvt. Ltd. are current clients.
Sankaty Cr Opps Off Mtr IV, L.P.; and Sankaty Credit Opportunity IV L.P.
Major Secured Lenders and/or Administrative Agents
• Affiliate company Sankaty Davis LLC is an investor in current client Davis Petroleum Acquisition Corporation.
Schneider Logistics International, Inc. Customs Broker, Common Carrier and/or Warehousemen
• Parent company Schneider National, Inc. is a current client.
Schultze Master Fund Ltd. Major Secured Lender and/or Administrative Agent
• Affiliate company Metropolitan Life Insurance Company is: (a) a current client; and (b) a general partner in current client GA-Met Construction Coordination; and
• Affiliate company Metlife Insurance Company of Connecticut is a member of former client Ad Hoc Committee of Thomson S.A. Noteholders (closed 2009).
CLI-1668923v16 -33-
INTERESTED PARTY
RELATIONSHIP
TO THE DEBTORS
CLIENTS AND THEIR AFFILIATES
Scottish RE; and
Talecris Bio Therapeutics, Inc.
Major Business Affiliations of Chrysler LLC’s Directors and Managers
• Parent company Cerberus Capital Management, L.P. and its affiliates are the majority owners of the ultimate parent company of the Debtors (including current client Chrysler LLC), their domestic nondebtor subsidiaries, wholly owned foreign nondebtor subsidiaries and other domestic nondebtor affiliates.
• See also entries above for BlueLinx Holdings, Inc.; Cerberus Operations and Advisory Company LLC; and IAP Worldwide Services, Inc.; Cerberus; and Cerberus Capital Management, L.P.; Chrysler LLC, et al.; and Entrecap LLC regarding related disclosure.
Sedgwick Claims Management Services, Inc. Major Benefits Administrator
• Sedgwick Claims Management Services, Inc. is a co-client with current client Arthur J. Gallagher & Co.
Shell Oil Products U.S. Large Unsecured Creditor • Affiliate company Shell (China) Limited is a former client (closed 2007); and
• Affiliate company Shell WindEnergy is a joint venture participant with former client Energy Enterprises, Inc. (closed 2007).
Siemens Financial Services, Inc. Siemens Shared Services
Major Lessor and/or Related Entity Major Fleet Customer
• Parent company Siemens AG, affiliate companies Nokia Siemens Networks and Voith Siemens Hydro Power Generation GmbH & Co. and affiliated company Voith AG are current clients;
• Affiliate company Siemens Technology-To-Business Center LLC is a partner of current client F-Origin, Ltd.;
• Affiliate company Siemens Ltd. has an ownership interest in current client Silcar Pty Ltd.; and
• Affiliate company Voith Siemens Hydro Kraftwerkstechnik GmbH & Co. KG is a former client (closed 2009).
• See also entry above for GKN Driveline; GKN Sinter Metals regarding related disclosure.
Sirius Satellite Radio – P A B Major Supplier • Parent company Sirius XM Radio, Inc. is a current client; and
• Affiliate company Sirius Satellite Radio was a participant with current client XM Satellite Radio, Inc. in a former joint venture (closed 2008).
CLI-1668923v16 -34-
INTERESTED PARTY
RELATIONSHIP
TO THE DEBTORS
CLIENTS AND THEIR AFFILIATES
Sonnenschein Nath & Rosenthal LLP Professional for Nondebtor Party in Interest
• Sonnenschein Nath & Rosenthal LLP is the employer of an individual who is a former Jones Day client (closed 2007).
Southwest Research Institute Party to Material License Agreement and/or Permit
• Southwest Research Institute is a current client.
Standard Bank Plc Counterparty to Derivative Agreement
• Standard Bank Plc and affiliate company Standard Bank Asia Limited are current clients.
Standard Thomson Corporation Other Supplier and/or Vendor
• Affiliate company HIG Capital LLC is a current client; and
• Affiliate companies HMK International Holdings B.V. and Parsons International (UK) Limited are former clients (both closed 2007).
Stant Corporation Other Supplier and/or Vendor
• Parent company Tomkins Plc and affiliate company Tomkins Industries are current clients.
• See also entry below for Tomkins Plc regarding related disclosure.
Steris Corporation Major Fleet Customer • Steris Corporation is a current client.
Stichting Pensioenfonds ABP Major Secured Lender and/or Administrative Agent
• Stichting Pensionenfonds ABP is an investor of current client Rexiter Capital Management Limited.
Sun Trust Leasing Corporation Major Lessor and/or Related Entity
• Parent company SunTrust Banks, Inc. and affiliate company SunTrust Bank, Atlanta are current clients.
Swiss RE Major Insurer and/or Insurance Broker
• Affiliate company Admin RE UK Limited is a current client; and
• Affiliate company Swiss Reinsurance Life and Health America, Inc. is: (a) a former client (closed 2007); and (b) a member of former client Ad Hoc Committee of Thomson S.A. Noteholders (closed 2009).
CLI-1668923v16 -35-
INTERESTED PARTY
RELATIONSHIP
TO THE DEBTORS
CLIENTS AND THEIR AFFILIATES
Takeda Pharmaceuticals Major Fleet Customer • Affiliate company Takeda Pharmaceuticals North America, Inc. is a current client;
• Parent company Takeda Pharmaceuticals Co. Ltd. was a participant in a former joint venture (concluded in 2008) known as Takeda Abbott Pharmaceutical (TAP) with current client Abbott Laboratories; and
• See also entry above for Abbott Laboratories regarding related disclosure.
TCW Absolute Return Credit Fund; TCW Shared Opp Fund V, L.P.; and TCW Sr Secured Ln Fund, L.P
Major Secured Lenders and/or Administrative Agents
• Parent company Société Générale is: (a) a current client; and (b) the parent of client Lyxor Asset Management;
• Affiliated entities TCW Crescent Mezzanine partners II, L.P., TCW/Crescent Mezzanine Trust II, TCW Shared Opportunity Fund II, L.P., TCW shared Opportunity Fund III, L.P. and TCW Leveraged Income Trust II, L.P. are stockholders of current client Magnequench International, Inc.;
• Affiliate company Société Générale De Financement Du Québec is a minority owner of client Interquisa Canada; and
• Related entity Asiavest Partners, TCW/YFY Ltd. is affiliated with current client YFY Group.
Teksid Aluminum North America Major Supplier • Current client Questor Management Company LLC has a majority interest ownership in affiliated company Teksid Aluminum Components, Inc.
Temic Automotive of North America Large Unsecured Creditor • Parent company Continental Tire North America, Inc. is a current client.
• See also entry above for ultimate parent company Continental AG and affiliated companies regarding related disclosure.
Tenneco, Inc. Major Supplier • Affiliate company Tenneco Automotive Europe S.A./N.V. is a current client.
Tennessee Commerce Bank Major Lessor and/or Related Entity
• Parent company The Toronto-Dominion Bank is a former client (closed 2007); and
• Affiliate companies TD Meloche Monnex and TD Securities (USA) LLC are current clients.
CLI-1668923v16 -36-
INTERESTED PARTY
RELATIONSHIP
TO THE DEBTORS
CLIENTS AND THEIR AFFILIATES
Textron, Inc.; and
Kautex Textron GmbH & Co.
Major Supplier
Other Supplier and/or Vendor
• Textron, Inc. is: (a) a current client; and (b) the parent of Kautex Textron GmbH & Co.;
• Former affiliate company Textron Fastening Systems, which now does business as Acument Australia Pty Ltd., is a subsidiary of current client Acument Global Technologies, Inc.
TI Group Automotive Systems LLC Major Supplier • Affiliate company TI Automotive Limited is a current client.
The Timken Company Major Supplier • The Timken Company is a current client.
Thyssen Krupp AG Major Supplier • Affiliate companies Uhde GmbH, Rotek Incorporated and Thyssen Krupp Elevator Company are current clients.
TNT Contract Logistics (n/k/a CEVA Logistics)
Customs Broker, Common Carrier, and/or Warehousemen
• Affiliate company TNT Logistics Deutschland GmbH is a former client (closed 2007).
Tomkins Plc Major Supplier • Tomkins Plc and affiliate company Tomkins Industries are current clients.
• See also entry above for Stant Corporation regarding related disclosure.
Total S.A.; and
Paulstra Corporation
Major Suppliers • Total S.A. is: (a) a current client; and (b) the parent of Paulstra Corporation; and
• Affiliate company Total Gas & Power India Limited is a current client.
Tower Automotive, Inc. Major Supplier • The Official Committee of Retired Employees of Tower Automotive, Inc., a related party in the Tower Automotive, Inc. chapter 11 cases, is a former client (closed 2008).
CLI-1668923v16 -37-
INTERESTED PARTY
RELATIONSHIP
TO THE DEBTORS
CLIENTS AND THEIR AFFILIATES
Toyota Motor Corporation Certain Competitor to the Debtors
• Toyota Motor Corporation is: (a) a current client; (b) a stockholder of current client Taiho Kogyo Co., Ltd.; and (c) a participant with current client General Motors Corporation in a joint venture known as former client New United Motor Manufacturing, Inc. (closed 2008);
• Affiliate companies Toyota Boshoku Corporation, Toyota Motor Sales, U.S.A., Inc. and Hino Motors, Ltd. are current clients;
• Affiliate company Toyota Motor Engineering & Manufacturing North America, Inc. is a joint venture participant with current client International Automotive Components Group LLC; and
• Affiliate company Japan Chemical Industries Co., Ltd. is a former client (closed 2007).
• See also entries above for Denso Corporation; Denso International America, Inc.; General Motors Corporation; and International Auto Components North America, Inc. regarding related disclosure.
TRW, Inc. TRW Automotive TRW Delplas S.A. de C.V.
Major Supplier Other Supplier and/or Vendor Large Unsecured Creditor
• Parent company TRW Automotive Holdings Corporation and affiliate company TRW Automotive US LLC are current clients; and
• Affiliate company Varga Servicos Automotive Ltda. is a participant in a former joint venture with Dana Corporation (n/k/a current client Dana Holding Corporation).
• See also entry above for Dana Holding Corporation, f/k/a Dana Corporation, regarding related disclosure.
Union Pacific Railroad Co., Inc. Common Carrier, Customs Broker and/or Warehousemen
• Union Pacific Railroad Co., Inc. and affiliate company Transcontinental Surety of Vermont, Inc. are current clients; and
• Parent company Union Pacific Corporation is a former client (closed 2007).
United Rentals, Inc. Major Fleet Customer • United Rentals, Inc. is an affiliated entity of: (a) current client Litigation Committee United Rentals Board of Directors; and (b) several individuals who are independent directors and current Jones Day clients.
UPS Capital Corporation Major Lessor and/or Related Entity
• Parent company United Parcel Service, Inc. is: (a) a current client; and (b) a member of current client UFEX.
CLI-1668923v16 -38-
INTERESTED PARTY
RELATIONSHIP
TO THE DEBTORS
CLIENTS AND THEIR AFFILIATES
U.S. Bancorp Equipment Finance Major Lessor and/or Related Entity
• Affiliate company U.S. Bank National Association is a current client.
United States Steel Corporation Large Unsecured Creditor • United States Steel Corporation is: (a) a current client; and (b) a partner of former client Laroche Industries (closed 2008).
Valeo S.A. Valeo, Inc.
Major Supplier Party to Other Significant Contract
• Affiliate company Valeo IT GmbH is a current client.
Varde Investment Partners L.P. Major Secured Lender and/or Administrative Agent
• Affiliate company Värde Management, L.P. is a current client; and
• Affiliate company Varde Partners, Inc. is an investor in current client International Coal Group, Inc.
Visteon Corporation Major Supplier
and
Large Unsecured Creditor
• Visteon Corporation is a former client (closed 2007).
Volkswagen AG Certain Competitor to the Debtors
and
Major Supplier
• Affiliate company Audi AG is a former client (closed 2008).
The Wackenhut Corporation Large Unsecured Creditor • Parent company G4S Plc (f/k/a Group 4 Securicor Plc) is a current client.
Weatherford U.S., Inc. Major Fleet Customer • Affiliate company Multi Operational Service Tankers, Inc. is a current client; and
• Affiliate company Weatherford Artificial Lift Systems, Inc. is a member of current client OFS Portal LLC.
Wescast Industries, Inc. Other Supplier and/or Vendor
• Wescast Industries, Inc. is a current client.
Worthington Industries, Inc. The Worthington Steel Company
Major Supplier Large Unsecured Creditor
• Worthington Industries, Inc. is: (a) a current client; (b) the parent of The Worthington Steel Company; and (c) a significant party to a former joint venture, partnership or limited partnership with current client The LTV Corporation.
CLI-1668923v16 -39-
INTERESTED PARTY
RELATIONSHIP
TO THE DEBTORS
CLIENTS AND THEIR AFFILIATES
Xerox Corporation Major Fleet Customer • Xerox Corporation is: (a) a current client; and (b) a participant in a joint venture known as Xerox Capital Services (XCS) LLC with GE IT Solutions, a subsidiary of current client General Electric Co., Inc.; and
• Former client De Lage Landen International B.V. (closed 2007) has a majority interest ownership in affiliate company Xerox Financial Services Espana S.A.
• See also entries above for De Lage Landen Financial Services; and GE Capital Corporation; General Electric Co. Inc.; and G.E. Fleet Council regarding related disclosure.
XL Insurance Company Ltd. Major Insurer and/or Insurance Broker
• XL Insurance Company Ltd. is a stockholder of current client International Automotive Components Group LLC.
Yale University c/o Mfp Invest Major Secured Lender and/or Administrative Agent
• Yale University is: (a) a current client; (b) a limited partner of current client Highcross Regional UK Partners, L.P.; and (c) a partial owner of former client Kimpton Hotel & Restaurant Group LLC (closed 2009); and
• Affiliated entity Yale School of Music is a joint venture participant with current client Oberlin College.
Yazaki Corporation Yazaki North America
Major Supplier Large Unsecured Creditor and Major Supplier
• Yazaki Corporation is a former client (closed 2007).
Zurich Financial Services Major Insurer and/or Insurance Broker
• Affiliate companies Associated Marine Insurers & Agents Pty Ltd and Zurich Insurance Holding (Hong Kong) Ltd. are current clients;
• Affiliate company Zurich Capital Markets is the former employer of two individuals who are former Jones Day clients (both closed 2007 and 2008, respectively); and
• Affiliate company American Zurich Insurance Company is a stockholder of current client International Automotive Components Group LLC.
NYI-4179615v5
SCHEDULE 3
NONEXCLUSIVE LIST OF CERTAIN JONES DAY PROFESSIONALS AND THEIR HOURLY RATES
NAME
POSITION
PRACTICE GROUP RESIDENT
OFFICE
APRIL 2009 BILLING
RATE
John R. Cornell Partner Employee Benefits & Executive Compensation New York, NY $950
Corinne Ball Partner Business Restructuring New York, NY $900
David G. Heiman Partner Business Restructuring Cleveland, OH $900
Thomas F. Cullen Partner Trial Practice Washington, D.C. $875
Jere R. Thomson Partner Corporate New York, NY $875
Jeffrey B. Ellman Partner Business Restructuring Atlanta, GA $725
Richard H. Engman Partner Business Restructuring New York, NY $725
Candace A. Ridgway Partner Tax Washington, D.C. $725
Marilyn A. Sonnie Partner Corporate New York, NY $725
Brett P. Barragate Partner Financial Institutions Litigation & Regulation New York, NY $700
John K. Kane Partner Corporate New York, NY $700
Kevyn Orr Partner Business Restructuring Washington D.C. $700
Gregory Shumaker Partner Trial Practice Washington D.C. $700
Pedro Jimenez Partner Business Restructuring New York, NY $675
Mark Cody Partner Business Restructuring Chicago, IL $650
Richard Shaw Partner Labor & Employment Pittsburgh, PA $600
John E. Mazey Partner Banking & Finance Dallas, TX $500
Robert W. Hamilton Of Counsel Trial Practice Columbus, OH $700
NYI-4179615v5 -2-
NAME
POSITION
PRACTICE GROUP RESIDENT
OFFICE
APRIL 2009 BILLING
RATE
Veerle Roovers Associate Business Restructuring New York, NY $600
Lisa Rothman Jesner Associate Employee Benefits & Executive Compensation New York, NY $575
Colleen E. Laduzinski Associate Tax New York, NY $550
Benjamin Rosenblum Associate Business Restructuring New York, NY $450
Jason Cover Associate Business Restructuring New York, NY $425
Nathan P.J. Lebioda Associate Business Restructuring New York, NY $425
Thomas A. Wilson Associate Business Restructuring Cleveland, OH $400
Amanda Gabai Associate Tax New York, NY $375
Joseph Tiller Associate Business Restructuring Chicago, IL $375
Nicole H. Adolphus Associate Employee Benefits & Executive Compensation New York, NY $350
Justin F. Carroll Associate New Lawyer Group New York, NY $315
Haben Goitom Associate New Lawyer Group New York, NY $315
Nicholas C. Kamphaus Associate New Lawyer Group New York, NY $315
Denise M. Hirtzel Paralegal Business Restructuring New York, NY $275
NYI-4179615v5
SCHEDULE 4
RANGES OF JONES DAY HOURLY RATES As of April 30, 2009
Low High Partners $425 $950 Of Counsel $375 $800 Counsel $300 $625 Associates $175 $625 Staff Attorneys $225 $450 Paralegals $150 $350 Project Assistants and Other Staff $50 $375
NYI-4179615v5
EXHIBIT B
NYI-4179615v5
UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF NEW YORK --------------------------------------------------------------- In re Chrysler LLC, et al.,
Chapter 11 Case No. 09-50002 (AJG) (Jointly Administered)
DISCLOSURE OF COMPENSATION OF JONES DAY
Pursuant to section 329(a) of title 11 of the United States Code (the "Bankruptcy
Code") and Rule 2016(b) of the Federal Rules of Bankruptcy Procedure (the "Bankruptcy
Rules"), Corinne Ball hereby certifies as follows:
1. I am a partner in the law firm of Jones Day and am duly authorized to
make this Disclosure of Compensation on behalf of Jones Day in connection with the
Application of Debtors and Debtors in Possession, Pursuant to Sections 327(a), 328(a), 329(a)
and 364 of the Bankruptcy Code, Bankruptcy Rules 2014(a) and 2016(b) and Local Bankruptcy
Rules 2014-1 and 2016-1, for an Order Authorizing Them to Retain and Employ Jones Day as
Counsel, nunc pro tunc as of the Petition Date (the "Application").1 The facts set forth in this
Disclosure of Compensation are personally known to me and, if called as a witness, I could and
would testify thereto.
2. On November 21, 2008, the Debtors provided Jones Day with an advance
payment of $1,000,000.00 (the "Initial Deposit") to establish a retainer (the "Retainer") to pay for
legal services rendered or to be rendered by Jones Day in connection with the Debtors' efforts to
1 Capitalized terms not otherwise defined herein have the meanings given to them in the Application.
NYI-4179615v5 -2-
pursue a possible out-of-court restructuring and in preparation for the commencement of these
chapter 11 cases. Pursuant to paragraph 4 of the Engagement Letter, the Debtors replenished and
maintained the Retainer through the provision of subsequent deposits (collectively,
the "Replenishing Deposits"), as follows:
Date of Replenishing Deposit(s) Amount of Replenishing Deposit(s)
December 8, 2008 $1,000,000.00 December 19, 2008 $3,000,000.00 January 28, 2009 $2,000,000.00 February 27, 2009 $1,000,000.00 April 14, 2009 $2,000,000.00 April 27, 2009 $100,050.49 April 27, 2009 $3,000,000.00 April 29, 2009 $1,548,245,17 April 29, 2009 $1,500,000.00 April 29, 2009 $2,719,125.71 The source of the Initial Deposit and all of the Replenishing Deposits comprising the Retainer
was the Debtors' operating cash.
3. From time to time, Jones Day has applied the Retainer proceeds to actual
fees and expenses and, in one instance immediately prior to the Petition Date, to estimated fees
and expenses (collectively, the "Prepetition Draws"). These Prepetition Draws totaled
$13,098,207.97. As set forth above, as of the Petition Date, $5,769,213.40, of the Retainer, as
maintained through the Replenishing Deposits, remained unapplied.2
2 Jones Day in in the process of adjusting this amount downwards. Jones Day has not yet reconciled its
actual fees and expenses through the Petition Date against estimated fees and expenses through the Petition Date. Any Prepetition Draws in excess of Jones Day's actual fees and expenses for the applicable invoice period will be added to, and treated as part of, the Retainer. Any shortfall in the Prepetition Draws compared to Jones Day's actual fees and expenses will result in an application, and corresponding reduction in the amount, of the Retainer. Accordingly, the amount of the Retainer remaining after (a) the reconciliation of any estimated Prepetition Draws and (b) the application of the Prepetition Draws and the Retainer to Jones Day's actual fees and expenses for the prepetition period, may differ from the amount stated above. Jones Day expects to: (a) complete its reconciliation of prepetition fees and expenses actually incurred through the Petition Date no later than the filing of its first interim fee application in these
(continued. . .)
NYI-4179615v5 -3-
4. Pursuant to paragraph 4 of the Engagement Letter, upon the conclusion of
Jones Day's representation of the Debtors (or as otherwise directed by the Court), Jones Day will
apply any remaining portion of the Retainer against any unpaid fees or unreimbursed
disbursements, with any unapplied portion of the Retainer to be promptly returned to the
Debtors.
5. To the best of my knowledge, information and belief, insofar as I have
been able to ascertain after reasonable inquiry, neither I, nor Jones Day nor any partner or
associate thereof has received or been promised any compensation for legal services rendered or
to be rendered in any capacity in connection with the Debtors' chapter 11 cases, other than as
permitted by the Bankruptcy Code. Jones Day has not agreed to share compensation received in
connection with these cases with any other person, except as permitted by section 504(b) of the
Bankruptcy Code and Bankruptcy Rule 2016(b) in respect of the sharing of compensation among
Jones Day's partners.
Dated: April 30, 2009 /s/ Corinne Ball Corinne Ball JONES DAY 222 East 41st Street New York, New York 10017 Telephone: (212) 326-3939 Facsimile: (212) 755-7306
ONE OF THE PROPOSED ATTORNEYS FOR DEBTORS AND DEBTORS IN POSSESSION
(. . . continued)
cases; and (b) make a corresponding adjustment to the amount and application of the Retainer described in the text above on or about that date.
NYI-4179615v5
EXHIBIT C
NYI-4179615v5
EXHIBIT D
NYI-4179615v5
UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF NEW YORK --------------------------------------------------------------- In re Chrysler LLC, et al.,
Chapter 11 Case No. 09-50002 (AJG) (Jointly Administered)
ORDER, PURSUANT TO SECTIONS 327(a), 328(a), 329(a) AND 364 OF THE BANKRUPTCY CODE, BANKRUPTCY
RULES 2014(a) AND 2016(b) AND LOCAL BANKRUPTCY RULES 2014-1 AND 2016-1, AUTHORIZING THE DEBTORS TO RETAIN AND EMPLOY
JONES DAY AS COUNSEL, NUNC PRO TUNC AS OF THE PETITION DATE
This matter coming before the Court on the Application of Debtors and Debtors in
Possession, Pursuant to Sections 327(a), 328(a), 329(a) and 364 of the Bankruptcy Code,
Bankruptcy Rules 2014(a) and 2016(b) and Local Bankruptcy Rules 2014-1 and 2016-1, for an
Order Authorizing Them to Retain and Employ Jones Day as Counsel, Nunc Pro Tunc as of the
Petition Date (the "Application"),1 filed by the debtors and debtors in possession in the
above-captioned cases (collectively, the "Debtors"); the Court having reviewed the Application,
the Ball Declaration and the Disclosure of Compensation, and any supplements thereto, and
having considered the statements of counsel and the evidence adduced with respect to the
Application at a final hearing before the Court on the Application (the "Hearing"); and the Court
having found that (i) the Court has jurisdiction over this matter pursuant to 28 U.S.C. §§ 157 and
1334, (ii) this is a core proceeding pursuant to 28 U.S.C. § 157(b), (iii) notice of the Application
and the Hearing was sufficient under the circumstances, (iv) Jones Day does not hold or 1 Capitalized terms not otherwise defined herein shall have the meanings ascribed to them in the Application.
NYI-4179615v5 -2-
represent any interest adverse to the Debtors' estates and is a "disinterested person," as defined in
section 101(14) of the Bankruptcy Code and as required by section 327 of the Bankruptcy Code,
(v) the terms and conditions of Jones Day's employment, as described in the Application and the
Engagement Letter, are reasonable (as that term is used in section 328(a) of the Bankruptcy
Code) and (vi) the Application and all related papers fully comply with the Bankruptcy Code, the
Bankruptcy Rules and the Local Bankruptcy Rules; and the Court having determined that the
legal and factual bases set forth in the Application, the Ball Declaration and the Disclosure of
Compensation, and any supplements thereto, and at the Hearing establish just cause for the relief
granted herein;
IT IS HEREBY ORDERED THAT:
1. The Application is GRANTED.
2. Pursuant to sections 327(a) and 328(a) of the Bankruptcy Code and
Bankruptcy Rule 2014(a), the Debtors are authorized to retain and employ Jones Day as their
counsel in these chapter 11 cases on the terms and conditions set forth in the Application and the
Engagement Letter, nunc pro tunc as of the Petition Date.
3. Jones Day shall be compensated for its services and reimbursed for any
related expenses in accordance with applicable provisions of the Bankruptcy Code (including
sections 328, 330 and 331 thereof), the Bankruptcy Rules, the Local Bankruptcy Rules and any
other applicable orders or procedures of this Court.
4. Jones Day's fees and expenses incurred in its representation of the
Debtors, to the extent allowed consistent with paragraph 3 above, are hereby granted
superpriority status, pursuant to section 364(c)(1) of the Bankruptcy Code.
5. Jones Day is authorized to: (a) complete its reconciliation of prepetition
fees and expenses actually incurred through the Petition Date no later than the date of filing of its
NYI-4179615v5 -3-
first interim fee application; and (b) make a corresponding adjustment to the amount and
application of the Retainer, as described in paragraph 31 and footnote 10 of the Application, on
or about that date; provided, however, that Jones Day shall not apply any portion of the Retainer
to fees and expenses incurred from and after the Petition Date unless and until authorized to do
so by a further order of this Court.
6. To the extent that this Order is inconsistent with the Engagement Letter,
the terms of this Order shall govern.
7. The Court shall retain jurisdiction to hear and determine all matters arising
from or related to the implementation of this Order.