WHITE & CASE LLP 1221 A venue of the Americas New York, New York 10020 Telephone: (212) 819-8200 Facsimile: (212) 354-8113 Michael W. Smith Richard A. Graham
Special Counsel to Debtors and Debtors in Possession
UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF NEW YORK ---------------------------------------------------------------x
In re
WA YPOINT LEASING HOLDINGS LTD., et al.,
Debtors.1
---------------------------------------------------------------x
Chapter 11
Case No. 18-13648 (SMB)
(Jointly Administered)
MONTHLY FEE ST A TEMENT OF WHITE & CASE LLP, SPECIAL COUNSEL TO THE DEBTORS, FOR THE
PERIOD JULY 1, 2019 THROUGH AND INCLUDING JULY 31, 2019
TO THE HONORABLE STUART M. BERNSTEIN, UNITED STA TES BANKRUPTCY JUDGE:
Pursuant to paragraph 2 of the Order Pursuant to 11 US.C. 105(a) and 331 Establishing
Procedures for Interim Compensation and Reimbursement of Expenses of Professionals [ECF
No. 250] (hereinafter the "Interim Compensation Procedures Order") issued by this Court on
January 11, 2019, White & Case LLP ("White & Case"), special counsel to the Debtors in the
above-captioned chapter 11 proceedings, hereby submits its consolidated monthly fee statement
for the period beginning July 1, 2019, through and including July 31, 2019 (the "Fee Period").
1 A list of the Debtors in these chapter 11 cases, along with the last four digits of each Debtor's federal tax identification number, is attached hereto as Exhibit A.
18-13648-smb Doc 932 Filed 08/28/19 Entered 08/28/19 10:17:03 Main Document Pg 1 of 3
During the Fee Period, the fees for the services rendered by White & Case were $37,215.50, and
White & Case incurred expenses in the amount of $382.77.
Contemporaneous time entries for the services provided, together with a list of the
individuals who provided services and their respective titles,2 during the period covered by this
statement are attached hereto as Exhibit B.
Total Fees $0.00
Asset Disposition
Total Fees $8,376.00
Employment and Fee Applications
Total Fees $28,839.50
·Financing
$0.00
Total Fees $37,215.50
Total Disbursements $382.72
Total Fees and Disbursements $37,598.22
2 Individuals with a designation of"Level _ " are associates at White & Case.
18-13648-smb Doc 932 Filed 08/28/19 Entered 08/28/19 10:17:03 Main Document Pg 2 of 3
Pursuant to the lnterirn Compensation Procedures Order, White & Case hereby requests
that the Debtors promptly pay eighty percent (80%) of the fees earned ($29,772.40) and one
hundred percent (100%) of the expenses incurred ($382.72) by White & Case during the Fee
Period, for a total of $30, 155.12.
Dated: August 28, 2019
Respectfully submitted,
Michael W. Smith, Esq. White & Case LLP 1221 Avenue of the Americas New York, NY 10020 Telephone: (212) 819-8200 Email: [email protected]
18-13648-smb Doc 932 Filed 08/28/19 Entered 08/28/19 10:17:03 Main Document Pg 3 of 3
EXHIBIT A
Debtor Last4 Debtor Last4 Digits of Digits of TaxID Tax ID
Number Number
Waypoint Leasing Holdings Ltd. 2899 AE Helicopter (5) Limited NIA
Waypoint Leasing (Luxembourg) 7041 AE Helicopter (6) Limited NIA S.a r.l. Waypoint Leasing (Ireland) 6600 MSN 31141 Trust NIA Limited Waypoint Asset Co 10 Limited 2503 MSN 31492 Trust NIA
MSN 2826 Trust NIA MSN 36458 Trust NIA
MSN 2879 Trust NIA MSN 760543 Trust NIA
Waypoint Asset Co 11 Limited 3073 MSN 760551 Trust NIA
MSN 2905 Trust NIA MSN 760581 Trust NIA
Waypoint Asset Co 14 Limited 1585 MSN 760628 Trust NIA
Waypoint Asset Co 15 Limited 1776 MSN 760631 Trust NIA
Waypoint Asset Co 3 Limited 3471 MSN 760682 Trust NIA
MSN 6658 Trust NIA MSN 920022 Trust NIA
Waypoint 760626 Business Trust NIA MSN 920062 Trust NIA
MSN 7152 Trust NIA MSN 920125 Trust NIA
MSN 7172 Trust NIA MSN9229AS NIA
Waypoint Asset Funding 3 LLC 4960 Waypoint Asset Co 3A Limited 6687
Waypoint Asset Malta Ltd 5348 MSN 41371 Trust NIA
Waypoint Leasing Labuan 3A 8120 Waypoint Asset Euro lA Limited 9804 Limited Waypoint Leasing UK 3A Limited 0702 MSN 4469 Trust NIA
Waypoint Asset Co 4 Limited 0301 MSN 6655 Trust NIA
18-13648-smb Doc 932-1 Filed 08/28/19 Entered 08/28/19 10:17:03 Exhibit A Pg 1 of 3
Debtor Last4 Debtor Last4 Digits of Digits of Tax ID TaxID
Number Number
Waypoint Asset Co 5 Limited 7128 Waypoint Asset Funding 6 LLC 4964
MSN 14786 Trust NIA Waypoint Asset Co 7 Limited 9689
MSN 2047 Trust NIA Waypoint Asset Euro 7 A Limited 2406
MSN 2057 Trust NIA Waypoint Asset Co 8 Limited 2532
Waypoint Asset Co SB Limited 2242 MSN 31041 Trust NIA
Waypoint Leasing UK SA Limited 1970 MSN 31203 Trust NIA
Waypoint Asset Co 6 Limited 8790 MSN 31578 Trust NIA
MSN 31042 Trust NIA MSN 760617 Trust NIA
MSN 31295 Trust NIA MSN 760624 Trust NIA
MSN 31308 Trust NIA MSN 760626 Trust NIA
MSN 920119 Trust NIA MSN 760765 Trust NIA
Waypoint Asset Funding 8 LLC 4776 MSN 920063 Trust NIA
Waypoint Leasing UK 8A Limited 2906 MSN 920112 Trust NIA
Waypoint Leasing US 8A LLC 8080 Waypoint 206 Trust NIA
Waypoint Asset Company 6861 Waypoint 407 Trust NIA Number 1 (Ireland) Limited Waypoint Asset Euro ID Limited 1360 Waypoint Asset Euro 1 B Limited 3512
Waypoint Asset Co 1 L Limited 2360 Waypoint Asset Euro l C Limited 1060
Waypoint Asset Co IM Limited 5855 MSN 20012 Trust NIA
Waypoint Asset Co IN Limited 3701 MSN 20022 Trust NIA
Waypoint Asset Euro l G Limited 4786 MSN 20025 Trust NIA
Waypoint Asset Funding 1 LLC 7392 MSN 920113 Trust NIA
18-13648-smb Doc 932-1 Filed 08/28/19 Entered 08/28/19 10:17:03 Exhibit A Pg 2 of 3
Debtor Last4 Debtor Last4 Digits of . Digits of Tax ID Tax.ID Number Number
.
Waypoint Leasing UK 1 B Limited 0592 Waypoint Leasing Labuan IA 2299 Limited
Waypoint Leasing UK 1 C Limited 0840 Waypoint Asset Co lC Limited 0827
Waypoint Asset Company 7847 Waypoint Asset Co 10 Limited 7018 Number 2 (Ireland) Limited Waypoint 2916 Business Trust NIA Waypoint Asset Co lF Limited 6345
Waypoint Asset Funding 2 LLC 7783 Waypoint Asset Co lG Limited 6494
Waypoint Asset Co lK Limited 2087 Waypoint Asset Co lH Limited 7349
Waypoint Leasing Services LLC 8965 Waypoint Asset Co 1J Limited 7729
Waypoint Leasing (Luxembourg) 8928 MSN 20159 Trust NIA Euro S.a r.l. Waypoint Asset Co Germany 5557 Limited MSN 31046 Trust NIA
MSN 41511 Trust NIA
MSN 760608 Trust NIA
MSN 89007 Trust NIA
MSN 920141 Trust NIA
MSN 920152 Trust NIA
MSN 920153 Trust NIA
MSN 920273 Trust NIA
MSN 920281 Trust NIA
MSN 9205 Trust I NIA
MSN 9229 Trust NIA
Waypoint Asset Co lA Limited 1208
18-13648-smb Doc 932-1 Filed 08/28/19 Entered 08/28/19 10:17:03 Exhibit A Pg 3 of 3
EXHIBIT B
DETAILED TIME ENTRIES
18-13648-smb Doc 932-2 Filed 08/28/19 Entered 08/28/19 10:17:03 Exhibit B Pg 1 of 7
Waypoint Leasing (Ireland) Ltd.8 RiverpointBishops Quay V94 WC6ALimerick,Ireland
Todd K. Wolynski
RE: Project Whiskey INVOICE NUMBER: 1100-19-04999
OUR REF: 1147938-0002 INVOICE DATE: 27 August 2019
For professional services for the period 1 July 2019 through 31 July 2019
USD
TOTAL PROFESSIONAL FEES: 37,215.50
COSTS AND DISBURSEMENTS: 382.72
TOTAL DUE: 37,598.22
PAYMENT INSTRUCTIONS. Wire or ACH payment should be made to the account of White & Case LLP using the
following indications:
Currency: USD SWIFT/BIC: CHASUS33Bank Name: JPMorgan ChaseAccount Number: 301177137265ABA Number: 021000021
Please quote invoice number 1100-19-04999 in payment details. Alternatively, payment can be made via check to “White & Case LLP” as payee, referencing 1147938-0002 to our remittance address: White & Case LLP, 23802 Network Place, Chicago, IL 60673-1238.
18-13648-smb Doc 932-2 Filed 08/28/19 Entered 08/28/19 10:17:03 Exhibit B Pg 2 of 7
RE: Project Whiskey OUR REF: 1147938-0002
Page 2 of 6
For professional services for the period 1 July 2019 through 31 July 2019
Summary of Services By Code
PHASE Description HOURS AMOUNT
ASSETDISPO Asset Disposition 10.80 8,376.00
EMP_FEEAPP Employee and Fee Applications 38.10 28,839.50
Grand Total: 48.90 37,215.50
18-13648-smb Doc 932-2 Filed 08/28/19 Entered 08/28/19 10:17:03 Exhibit B Pg 3 of 7
RE: Project Whiskey OUR REF: 1147938-0002
Page 3 of 6
DATE DESCRIPTION TIMEKEEPER HOURS
8 July 2019 Review supplemental disclosure. R Graham 0.90
8 July 2019 Review samples of supplemental disclosures (0.3); Draft supplemental affidavit re: disclosures (2.2); Confer with R. Graham re: supplemental affidavit (0.1); Review June proforma and send related correspondence to M. Smith and S. Lang (0.7); Revise supplemental affidavit (0.2).
A Foreman 3.50
9 July 2019 Numerous discussions regarding supplemental disclosure affidavit (.60); review June fee application (.20).
M Smith 0.80
9 July 2019 Research disclosure issues (1.6); confer with M. Smith re same (.4); confer with R. Kebrdle re same (.2); confer with A. Foreman re same (.1).
R Graham 2.30
9 July 2019 Revise supplemental disclosure (1.0); Confer with R. Graham re: amending the supplemental disclosure (0.1); Confer with M. Smith re: June proforma and update on supplemental disclosure (0.1); Review proforma (0.4).
A Foreman 1.60
10 July 2019 Review supplemental disclosure. R Graham 0.30
10 July 2019 Board meeting call organised by Weil with regard to wind down initiation of the foreign subsidiaries.
B Geh 1.00
10 July 2019 Review billing entries and send fee update to FTI-Consulting. J Kaplan 0.60
10 July 2019 Amend the supplemental disclosure affidavit and send related correspondence to M. Smith, R. Kebrdle, and R. Graham.
A Foreman 0.50
11 July 2019 Review supplement and disclosure affidavit and make revisions (.30); meet with A. Foreman to discuss and sign original application (.20).
M Smith 0.50
11 July 2019 Review supplemental disclosure. R Graham 0.10
11 July 2019 Revise supplemental declaration (0.3); meet with M. Smith to discuss and sign the application (0.2).
A Foreman 0.50
12 July 2019 Research re: requirement of filing financial statements and impact of winding up (2.0); drafting responses (1.5); discussion with N Mao (0.5).
B Geh 4.00
12 July 2019 Advising on audit requirements with B. Geh. N Mao 0.50
12 July 2019 Send correspondence to W&C team re: filing the supplemental disclosure affidavit.
A Foreman 0.20
12 July 2019 File supplemental disclosure affidavit (0.5); complete mail service of supplemental disclosure affidavit (0.7).
K Pan 1.20
15 July 2019 Research re: exemption of filing financial statements (1.5); amending draft email (0.5).
B Geh 2.00
15 July 2019 Review and respond to emails from Weil re: filing of financial statements. B Geh 1.00
17 July 2019 Confer with T. Wolynski re Heli One purported administrative claim (.2); review email from T. Wolynski re same (.2).
R Graham 0.40
18-13648-smb Doc 932-2 Filed 08/28/19 Entered 08/28/19 10:17:03 Exhibit B Pg 4 of 7
RE: Project Whiskey OUR REF: 1147938-0002
Page 4 of 6
DATE DESCRIPTION TIMEKEEPER HOURS
17 July 2019 Prepare the June fee statement and send related correspondence to S. Lang.
A Foreman 0.20
22 July 2019 Telephone call with R. Graham regarding request from CHC counsel to unredact certain materials filed with court and related correspondence.
M Smith 0.30
22 July 2019 Exchange email with T. Wolynski and J. Ball re CHC request to share settlement agreement (0.2); confer with M. Smith and T. Wolynski re same (0.3).
R Graham 0.50
23 July 2019 Review docket re: confirmation and interim fee hearing. A Foreman 0.50
24 July 2019 Review billing records and prepare update for FTI Consulting. J Kaplan 0.40
24 July 2019 Review and revise June fee statement and invoice letter (0.2); Send correspondence to M. Smith re: fee statement (0.1).
A Foreman 0.30
25 July 2019 Review and sign fee application for June; meeting with A. Foreman. M Smith 0.30
25 July 2019 Confer with A. Foreman re final fee application; exchange email with M. Smith re same.
R Graham 0.20
25 July 2019 Draft invoice letter (0.3); Review docket for plan information re: final fee applications (0.1).
A Foreman 0.40
25 July 2019 File and serve June Fee Statement per A. Foreman. K Pan 1.20
26 July 2019 Review closing sets for specific aircraft information based on request from Wells Fargo Trust Company.
J Kaplan 0.40
26 July 2019 Draft and file affidavit of service. K Pan 0.30
29 July 2019 Correspondence with B. Podzius at Weil regarding winding up of appointment as special counsel.
M Smith 0.30
29 July 2019 Prepare final fee application. A Foreman 3.60
30 July 2019 Telephone call with U.S. Trustee regarding fee application (0.3); related discussions with R. Graham and A. Foreman (0.8); review comments and questions from US Trustee (0.4).
M Smith 1.50
30 July 2019 Confer with M. Smith (.2) and A. Foreman (.1) re fee application; joint conference with M. Smith and A. Foreman re UST comments to fee application (.8).
R Graham 1.10
30 July 2019 Further review of closing documents for specific aircraft closing information based on Wells Fargo request.
J Kaplan 0.40
30 July 2019 Prepare final fee application (0.5); call with UST and M. Smith re: fees (0.2); Confer with R. Graham and M. Smith re: UST informal objection (0.8).
A Foreman 1.50
31 July 2019 Begin review of inquiries from US Trustee's office. M Smith 2.30
31 July 2019 Confer with M. Smith and A. Foreman (1.7) re fee application; confer and R Graham 2.30
18-13648-smb Doc 932-2 Filed 08/28/19 Entered 08/28/19 10:17:03 Exhibit B Pg 5 of 7
RE: Project Whiskey OUR REF: 1147938-0002
Page 5 of 6
DATE DESCRIPTION TIMEKEEPER HOURS
exchange email with A. Foreman re same (.5); confer with R. Kebrdle re same (.1).
31 July 2019 Send fee and expense update to FTI consulting. J Kaplan 0.10
31 July 2019 Review closing documentation and coordinate with team regarding closing sets based on Wells Fargo request.
J Kaplan 0.30
31 July 2019 Review UST informal objection and prepare responses (1.6); Meet with M. Smith and R. Graham re: same (1.5); Review time records and receipts for response to UST objection (2.4).
A Foreman 5.50
31 July 2019 Review time entry discrepancies per A. Foreman (1.0); review expense submissions (2.1).
H Kim 3.10
TOTAL 48.90
18-13648-smb Doc 932-2 Filed 08/28/19 Entered 08/28/19 10:17:03 Exhibit B Pg 6 of 7
RE: Project Whiskey OUR REF: 1147938-0002
Page 6 of 6
TIMEKEEPER SUMMARY TITLE HOURS RATE USD
M Smith Partner 6.00 1,245.00 7,470.00
R Graham Counsel 8.10 995.00 8,059.50
B Geh Level 4 8.00 740.00 5,920.00
J Kaplan Level 3 2.20 770.00 1,694.00
N Mao Level 3 0.50 680.00 340.00
A Foreman Level 2 18.30 650.00 11,895.00
H Kim Legal Assistant 3.10 340.00 1,054.00
K Pan Legal Assistant 2.70 290.00 783.00
TOTAL 48.90 37,215.50
DISBURSEMENT SUMMARY USD
Courier Service 57.70
Express Mail 237.12
Photocopying 87.90
TOTAL 382.72
18-13648-smb Doc 932-2 Filed 08/28/19 Entered 08/28/19 10:17:03 Exhibit B Pg 7 of 7