10000004116

Obj. Due: December 27, 4:00 p.m.
UNITED STATES BANKRUPTCY COURT FOR THE SOUTHERN DISTRICT OF NEW YORK ) ) ) ) ) ) )
In re: INNKEEPERS USA TRUST, et al., Debtors.
Chapter 11 Case No. 10-13800(SCC) Jointly Administered
NOTICE OF FILING BY AP SERVICES, LLC OF REPORT OF COMPENSATION EARNED AND EXPENSES INCURRED FOR THE PERIOD FROM JULY 19, 2010 THROUGH OCTOBER 31, 2010 In accordance with the Final Order Under 11 U.S.C. 105 and 363 Authorizing the Employment of AP Services, LLC (APS) as crisis managers for the Debtors (Docket No. 192), pursuant to the terms of the engagement letter dated June 5, 2010 and appointing Nathan Cook as Interim Chief Financial Officer; notice is hereby given that APS has filed a report of compensation earned and expenses incurred for the period of July 19, 2010 through October 31, 2010. Objections, if any, are due on or before 4:00 p.m. on December 27, 2010. At the same time, you must also serve a copy of the response on APS. A HEARING WILL BE HELD, only if an objection is timely filed and served, before the Honorable Shelly C. Chapman, U.S. Bankruptcy Judge, Alexander Hamilton Custom House, One Bowling Green, New York, NY 10004, at a date and time to be scheduled by the Court.
Dated: December 10, 2010
/s/ Nathan Cook Nathan Cook AP Services, LLC
UNITED STATES BANKRUPTCY COURT FOR THE SOUTHERN DISTRICT OF NEW YORK
In re INNKEEPERS USA TRUST, et al., Debtors.
) ) ) ) ) ) )
Chapter 11 Case No. 10-13800(SCC) Jointly Administered
REPORT BY AP SERVICES, LLC OF COMPENSATION EARNED AND EXPENSES INCURRED FOR THE PERIOD FROM JULY 19, 2010 THROUGH OCTOBER 31, 2010
Exhibit A Summary of Compensation and Expenses Exhibit B Summary of Professionals and Fees Exhibit C Summary of Expenses Exhibit D Summary of Services Exhibit E Detailed Time Entries for the period of July 19, 2010 through October 31, 2010 (to be served upon the Office of the U.S. Trustee. Available for review upon request by other parties.)
Dated: December 10, 2010
/s/ Nathan Cook Nathan Cook AP Services, LLC
Exhibit B AP Services, LLC Summary of Professionals and Fees InnKeepers USA Trust, et al. July 19, 2010 through October 31, 2010
Period July 19, 2010 to July 31, 2010 $ August 1, 2010 to August 31, 2010 September 1, 2010 to September 30, 2010 October 1, 2010 to October 31, 2010 Total Accrued $ Less: CFO Adjustment Total Invoiced $
Fees 219,364.00 $ 533,538.00 481,035.00 417,837.00 1,651,774.00 $ (115,477.45) 1,536,296.55 $
Expenses 13,253.94 23,391.78 25,879.87 23,855.37 86,380.96 86,380.96
$ $
TOTAL 232,617.94 556,929.78 506,914.87 441,692.37 1,738,154.96 (115,477.45) 1,622,677.51
AP Services may determine, from time to time, to augment its professional staff with independent contractors (each an Independent
Contractor) in these chapter 11 cases. AP Services standard practice is to charge for an Independent Contractors services at the AP Services rate for a professional of comparable skill and experience, which rate typically exceeds the compensation provided by AP Service to such Independent Contractor. AP Services did not use I/Cs during this Compensation Period
Exhibit B AP Services, LLC Summary of Professionals and Fees InnKeepers USA Trust, et al. July 19, 2010 through October 31, 2010
Name of Professional Nathan Cook
Temporary Employees - Individuals With Executive Officer Positions Description Hourly Total of Function Rate Jul-10 Aug-10 Sep-10 Oct-10 Total Hours Compensation Chief Financial Officer $ 710.00 91.70 200.40 196.40 160.70 649.2 460,932.00 649.2 $ 460,932.00
Additional Temporary Staff Employees - Full-Time Description Hourly of Function Rate Jul-10 Aug-10 Sep-10 Bankruptcy Administration $ 760.00 79.20 137.80 137.60 Communications $ 710.00 3.80 Cash Management and Reporting $ 620.00 40.00 204.60 178.10 Bankruptcy Administration and PIP Program Management $ 580.00 113.70 275.30 217.10 Alex Griffin Communications $ 270.00 2.30 Krishnan Ramachandran Bankruptcy Administration $ 270.00 Carole Grayson Data Site Set-up and Management $ 225.00 3.00 239.00 617.70 535.80 Name of Professional Todd Brents Michelle C Campbell Kurt J Beckeman Raymond J Adams 330.70 818.10 732.20
Total Oct-10 Total Hours Compensation 16.30 370.9 $ 281,884.00 3.8 2,698.00 200.20 622.9 386,198.00 198.20 191.10 3.00 608.80 769.50 804.3 466,494.00 2.3 621.00 191.1 51,597.00 6.0 1,350.00 2,001.3 $ 1,190,842.00 2,650.5 $ 1,651,774.00
Exhibit C AP Services, LLC Summary of Expenses InnKeepers USA Trust, et al. July 19, 2010 through October 31, 2010
Expense Categories Airfare Cab Fare / Ground Transportation Lodging Meals & Tips Other Parking & Tolls/Gas Rental Car TOTAL
July-10 $ 6,857.54 798.60 1,661.43 967.66 1,275.00 410.50 1,283.21 $ 13,253.94
August-10 8,124.30 2,145.45 6,380.06 2,880.98
September-10 $ 13,150.05 739.89 6,278.93 2,134.80 983.79 2,592.41 25,879.87
673.00 3,187.99 $ 23,391.78
October-10 $ 12,307.04 1,692.61 3,279.99 2,545.77 144.75 628.93 3,256.28 $ 23,855.37
$ $ $ $ $ $ $ $
TOTAL 40,438.93 5,376.55 17,600.41 8,529.21 1,419.75 2,696.22 10,319.89 86,380.96
Exhibit D AP Services, LLC Summary of Services InnKeepers USA Trust, et al. July 19, 2010 through October 31, 2010
Interim CFO and Consulting Services Led the Debtors finance and treasury functions. Developed and implemented cash management strategies, tactics, processes, and related reporting. Prepared and monitored financial performance reports for internal and external use, including, among other things, monthly management and board reporting packages. Assisted in communication and negotiation with outside constituents including lenders, shareholders, prospective investors, and their respective advisors. Primary responsibility for the preparation of regular reports and information required by the Bankruptcy Court and the Debtors stakeholders. Coordinated and responded to due diligence and information requests from the Debtors constituents. Assisted in the completion of the Debtors two Debtor-in-Possession (DIP) credit facilities in excess of $70 million. Assisted in the review of financial and accounting issues contained within various filings with the Bankruptcy Court. Assisted in the preparation of updated financial budgets and forecasts for the Debtors. Provided testimony to the Bankruptcy Court on behalf of the Debtors related to Cash Collateral issues and related First Day Motions.
Bankruptcy Administration Assisted the Debtors in preparing for its Chapter 11 bankruptcy filing. Assisted the Debtors in seeking authority to continue certain activities pursuant to First Day Motions. Assisted the Debtors in implementing authority under motions and tracking activities. Assisted the Debtors in accounting for and executing cutoff and segregation of prepetition liabilities.
Exhibit D AP Services, LLC Summary of Services InnKeepers USA Trust, et al. July 19, 2010 through October 31, 2010 Assisted the Debtors in developing and executing a communication plan with vendors, employees and key constituents regarding impact of restructuring. Assisted the Debtors in development of Monthly Operating Reports and 2015 filing. Provided data and analytical support to claims agent for issues relating to filed claims, scheduled claims, creditor address information, and noticing. Assisted the Debtors in preparing and filing Statements of Financial Affairs and Schedules for 92 Debtors. Assisted the Debtors in the aggregation of executory contract data across all business units. Assisted field and corporate locations in responding to inquiries and actions from vendors associated with the filing and cessation of pre-petition payments. Responded to inquiries from vendors regarding PACA and 503(b)(9) claims. Assisted the Debtors in responding to and managing adequate assurance payments with utilities.
Accounting Finance Led the development and maintenance of cash reports required pursuant to the Cash Collateral Order, including, but not limited to, 13-week cash forecasts, variance reports, flash reports, and application reports. Assisted in the completion and delivery of monthly reporting requirements to the Debtors constituents. Assisted the Debtors in the development of budgets and tracking procedures for Property Improvement Programs (PIPs) at hotels. Assisted in the detailed review of the Debtors financial forecasts and budgets. Assisted in the preparation and review of draw requests pursuant to the Debtors two DIP facilities. Assisted in the review of weekly check runs to ensure adherence to Bankruptcy Court orders.
Exhibit D AP Services, LLC Summary of Services InnKeepers USA Trust, et al. July 19, 2010 through October 31, 2010 Assisted in communications with vendors related to payments, term changes, deposits, etc. Assisted in the monitoring of cash disbursements to ensure adherence to managements cash budget. Ensured adherence to credit agreement covenants and other requirements, and prepared related covenant tests. Reviewed professional fee and expense invoices, and monitored payments.
Exhibit E AP Services, LLC Detailed Time Entries InnKeepers USA Trust, et al. July 19, 2010 through October 31, 2010
Detailed time entries for the period July 19, 2010 through October 31, 2010 will be served upon the Office of the U.S. Trustee. These are available for review upon request by other parties.
Chicago Dallas Detroit Dusseldorf London Los Angeles Milan Munich New York Paris San Francisco Shanghai Tokyo
September 14, 2010 Innkeepers USA Trust Mark Murphy, General Counsel 340 Royal Poinciana Way, Suite 306 Palm Beach, FL 33480-4094 Re: Interim CFO and Consulting Services Client: 006340 Inv. No.: 2027439 For Professional Services: July 19, 2010 through July 31, 2010
Federal Tax Id 38-3622570
Current Charges: Alex Griffin Raymond J Adams Kurt J Beckeman Nathan Cook Michelle C Campbell Todd Brents Total Hours & Fees Analyst Director Director Managing Director Managing Director Managing Director
Hours 2.30 113.70 40.00 91.70 3.80 79.20 330.70
Rate 270.00 580.00 620.00 710.00 710.00 760.00
Amount 621.00 65,946.00 24,800.00 65,107.00 2,698.00 60,192.00 219,364.00 (19,652.45) 199,711.55 13,253.94
Interim CFO and Consulting Services Adjustment Subtotal Expenses Total Amount Due USD
212,965.49
Please reference the invoice number noted above on any payment remittance. Thank You. Send electronic remittance to: Account Name: AP Services LLC Account Number: 004-62643 Bank Name: Deutsche Bank ABA: 021-001-033 Send check remittance to: AP Services LLC P.O. Box 5838 Carol Stream, IL 60197-5838
2000 Town Center | Suite 2400 | Southfield, MI | 48075 | 248. 358.4420 | 248.262.8495 fax | www.alixpartners.com
Innkeepers USA Trust Mark Murphy, General Counsel 340 Royal Poinciana Way, Suite 306 Palm Beach, FL 33480-4094
Project Code 006340.00100 006340.00101 006340.00102 Total Fees Incurred Expenses Airfare
Description Interim CFO and Consulting Services Bankruptcy Administration Accounting - Finance
Amount 45,454.55 126,397.00 27,860.00 199,711.55 Amount 6,857.54 798.60 17.70 1,661.43 967.66 1,275.00 410.50 1,265.51 13,253.94
Cab Fare/Ground Transportation Gas/Fuel Lodging Meals & Tips Other Parking & Tolls Rental Car Total Disbursements
Innkeepers USA Trust Mark Murphy, General Counsel 340 Royal Poinciana Way, Suite 306 Palm Beach, FL 33480-4094 Invoice # Re: Client/Matter # 2027439-1 Interim CFO and Consulting Services 006340.00100
Date 07/19/10 07/19/10 07/19/10 07/19/10 07/19/10 07/19/10 07/19/10 07/20/10 07/20/10 07/20/10 07/20/10 07/20/10 07/20/10 07/20/10 07/21/10 07/21/10
Consultant NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC
Description of Services Prepared for and met with Kirkland & Ellis regarding Floating rate DIP. Preparation for potential testimony at first day hearings. Reviewed and updated cash collateral budget and related assumptions. Met with Kirkland & Ellis regarding preparation for first day hearings. Reviewed POs and proposed accounting entries. Calls with Accounting and Finance staff regarding bankruptcy filing. Reviewed draft slides for first day hearing testimony. Preparation for first day hearings. Attended first day hearings. Follow-up with FTI regarding open information requests. Discussions related to vendor deposits and review of proposed agreements. Reviewed and updated 13-week cash forecast. Reviewed open POs. Discussions related to reporting requirements included in the Cash Collateral Order. Preparation for and call with Lehman regarding cash management. Preparation for and meeting with Innkeepers and Island management to discuss bankruptcy and implications for operation of the business. Preparation for and call with FTI to discuss PIP DIP budget. Preparation for and meeting with team to discuss preparation of SOFAs and Schedules. Discussions with accounting staff related to reporting requirements included in the cash collateral order. Reviewed and updated 13-week cash forecast. Preparation for and call with Kirkland & Ellis regarding Midland's request for documents. Prepared for and met with Moelis to discuss cash flow projections.
Hours 0.60 3.50 1.70 2.80 1.20 0.80 1.20 2.60 3.20 0.60 1.30 2.40 0.60 1.40 0.70 1.60
07/21/10 07/21/10 07/21/10 07/21/10 07/22/10 07/22/10
NC NC NC NC NC NC
1.30 1.10 0.90 2.20 1.20 2.50
Date 07/22/10 07/22/10 07/22/10 07/22/10 07/22/10 07/22/10 07/22/10 07/23/10 07/23/10 07/23/10 07/23/10 07/26/10 07/26/10 07/26/10 07/26/10 07/26/10 07/27/10 07/27/10 07/27/10 07/27/10 07/27/10 07/28/10
Consultant NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC
Description of Services Discussions related to cash management and communication with the banks. Prepared for and met with Barbara Bachman to discuss cash management and reporting. Preparation for and call with Lehman to discuss due diligence and cash management. Reviewed proposed check runs and wires, and related follow-up discussions. Reviewed and updated 13-week cash forecast. Reviewed open POs and A/P workflow items. Preparation for and call with team to discuss cash reporting requirements and due diligence requests and protocol. Reviewed and updated 13-week cash forecast. Reviewed updated draft of cash forecast prepared by Moelis. Preparation for and meetings with Barbara Bachman and calls to the bank regarding cash management and lockboxes. Reviewed June 2010 financial statements and related support, and met with Linda Price to discuss the same. Conference call with Marc Beilinson and Mark Murphy to discuss interim capital spending. Reviewed and update 13-week cash forecast and related support. PO review and approvals. Reviewed Sheraton Raleigh open invoices and related contracts. Reviewed information to be provided to Midland related to discovery requests. Preparation for and call with Moelis to discuss forecast. Preparation for and call with FTI to discuss information requests and PIPs. Preparation for and meetings with Kurt Beckeman to discuss cash reporting requirements. Reviewed and updated 13-week cash forecast. Reviewed A/P workflow items and open POs. Preparation for and call with Susanne Frey of Lehman and
Hours 1.40 1.20 0.80 1.40 2.70 1.30 1.00 1.80 1.50 1.20 1.80 0.70 2.30 0.60 0.50 1.60 0.70 0.90 2.10 1.60 1.40 0.70
Date 07/28/10 07/28/10 07/28/10 07/28/10 07/28/10 07/28/10 07/28/10 07/29/10 07/29/10 07/29/10
Consultant NC NC NC NC NC NC NC NC NC NC
Description of Services Tim Osborne of Trimont related to cash management. Preparation for and call with Moelis and Innkeepers to discuss forecast. Reviewed documents to be provided to Midland related to discovery requests. Reviewed proposed disbursements and related support. Follow up with Island Hospitality and Suntrust related to cash management issues. Review and follow-up related to property tax bills. Follow-up related to Sheraton Raleigh payments. Reviewed PIP DIP budget and related support. Preparation for and call with Kirkland & Ellis regarding Midland discovery requests. Preparation for and meeting with Chuck Engelhardt and Bob Martin to discuss PIP DIP budgets and related accounting. Preparation for and meeting with Hema Gandi and Linda Price to discuss property tax payments due and bifurcation of pre- vs. post-petition amounts. Preparation for and call with Moelis and Lazard to discuss forecast. Reviewed documents to be provided in response to discovery request by Midland. Reviewed and updated 13-week cash forecast and related support. Reviewed proposed check run and related support, and conducted related follow-up. Reviewed updated proposed check runs and bifurcation of pre- vs. post-petition amounts. Reviewed additional documents to be provided to Midland re: discovery requests. Follow-up with Trimont related to cash management issues. Preparation for and meetings with Island Hospitality related to information requests and reporting requirements. Reviewed and provided June 2010 reporting to lenders. Total Hours
Hours 2.40 2.30 1.60 0.50 0.60 0.40 1.60 1.30 0.90 0.80
07/29/10 07/29/10 07/29/10 07/29/10 07/30/10 07/30/10 07/30/10 07/30/10 07/30/10
NC NC NC NC NC NC NC NC NC
1.20 2.10 1.80 1.90 1.60 1.70 0.40 1.30 2.70 91.70
Fee Recap: Consultant Nathan Cook Total Hours & Fees Hours 91.70 91.70 Rate 710.00 Amount 65,107.00 65,107.00
Date 07/19/10 07/19/10 07/19/10 07/19/10 07/19/10 07/19/10 07/19/10 07/20/10 07/20/10 07/20/10 07/20/10 07/20/10 07/20/10 07/20/10 07/22/10 07/22/10 07/22/10 07/23/10 07/23/10 07/23/10 07/23/10 07/23/10 07/23/10 07/23/10 07/23/10 07/25/10 07/25/10 07/25/10
Disbursement Description Airfare Service Charge Todd Brents Cab Fare/Ground Transportation Todd Brents-Home To CLT Cab Fare/Ground Transportation Todd Brents-PBI To Client Cab Fare/Ground Transportation Nathan Cook-Client Travel Lodging Todd Brents-Hyatt Hotels-West Palm Beach-07/19/201007/23/2010 Meals - Engagement Team Dinner-Todd Brents; Ray Adams Meals & Tips Nathan Cook-Dinner Airfare Kurt Beckeman-2010-07-26-DTW-FLL Airfare Service Charge Kurt Beckeman Airfare Raymond Adams-2010-07-25-DFW-PBI Airfare Service Charge Raymond Adams Meals - Engagement Team Dinner-Todd Brents; Ray Adams Meals & Tips Nathan Cook-Dinner Other Alexandra Griffin-Releasing Press Release On Wire Airfare Service Charge Todd Brents Airfare Todd Brents-2010-07-26-CLT-PBI Airfare Nathan Cook-2010-07-23-MIA-LAX Airfare Kurt Beckeman-2010-08-02-DTW-FLL Airfare Service Charge Kurt Beckeman Cab Fare/Ground Transportation Todd Brents-CLT To Home Gas/Fuel Raymond Adams-Car Rental Fuel Meals & Tips Nathan Cook-Dinner Parking & Tolls Nathan Cook Rental Car Nathan Cook-2 Days-Palm Beach FL Rental Car Raymond Adams-5 Days-Palm Beach FL Lodging Todd Brents-Hyatt Hotels-West Palm Beach-07/25/201007/28/2010 Lodging Raymond Adams-Hyatt Hotels-West Palm Beach07/25/2010-07/30/2010 Meals & Tips Raymond Adams-Dinner
Amount 13.00 183.40 21.00 24.00 477.24 70.04 49.20 312.50 10.00 624.40 10.00 110.00 24.60 1,275.00 10.00 719.90 1,906.35 211.51 10.00 183.40 8.70 13.17 190.50 260.92 242.25 291.03 496.20 5.86
Date 07/26/10 07/26/10 07/26/10 07/26/10 07/26/10 07/27/10 07/27/10 07/27/10 07/27/10 07/28/10 07/28/10 07/28/10 07/28/10 07/28/10 07/29/10 07/29/10 07/29/10 07/29/10 07/29/10 07/29/10 07/29/10 07/30/10 07/30/10 07/30/10 07/30/10 07/30/10 07/30/10 07/30/10 07/30/10
Disbursement Description Cab Fare/Ground Transportation Todd Brents-PBI To Client Cab Fare/Ground Transportation Todd Brents-Home To CLT Lodging Kurt Beckeman-Hyatt Hotels-West Palm Beach-07/26/201007/30/2010 Meals & Tips Todd Brents-Dinner Meals & Tips Raymond Adams-Dinner Airfare Service Charge Nathan Cook Airfare Kurt Beckeman-2010-08-09-DTW-FLL Airfare Service Charge Kurt Beckeman Meals - Engagement Team Dinner-Todd Brents; Ray Adams; Nathan Cook; Kurt Beckeman Airfare Service Charge Todd Brents Airfare Service Charge Todd Brents Airfare Service Charge Todd Brents Airfare Todd Brents-2010-08-02-CLT-PBI Meals - Engagement Team Dinner-Todd Brents; Ray Adams; Nathan Cook; Kurt Beckeman Airfare Service Charge Todd Brents Airfare Service Charge Raymond Adams Airfare Raymond Adams-2010-08-01-DFW-PBI Airfare Service Charge Nathan Cook Airfare Nathan Cook-2010-07-30-MIA-LAX Meals & Tips Nathan Cook-Dinner Meals - Engagement Team Dinner-Raymond Adams; N Cook; K Beckeman Airfare Service Charge Kurt Beckeman Airfare Service Charge Kurt Beckeman Airfare Kurt Beckeman-2010-08-16-DTW-FLL Airfare Kurt Beckeman-2010-08-23-DTW-FLL Cab Fare/Ground Transportation Todd Brents-7/29 CLT To Home Gas/Fuel Raymond Adams-Car Rental Fuel Meals & Tips Nathan Cook-Dinner Parking & Tolls Nathan Cook
Amount 20.00 183.40 396.96 25.00 32.58 30.00 370.70 10.00 220.00 10.00 10.00 13.00 719.90 220.31 13.00 10.00 566.40 30.00 852.84 25.00 165.00 10.00 10.00 201.72 172.32 183.40 9.00 6.90 120.00
Date 07/30/10 07/30/10 07/30/10 07/30/10
Disbursement Description Parking & Tolls Kurt Beckeman Rental Car Kurt Beckeman-4 Days-Ft. Lauderdale, FL Rental Car Nathan Cook-3 Days-Miami FL Rental Car Raymond Adams-5 Days-Palm Beach FL Total Disbursements
Amount 100.00 248.57 271.52 242.25 13,253.94
Disbursement Recap: Description Airfare Cab Fare/Ground Transportation Gas/Fuel Lodging Meals & Tips Other Parking & Tolls Rental Car Total Disbursements Amount 6,857.54 798.60 17.70 1,661.43 967.66 1,275.00 410.50 1,265.51 13,253.94
Innkeepers USA Trust Mark Murphy, General Counsel 340 Royal Poinciana Way, Suite 306 Palm Beach, FL 33480-4094 Invoice # Re: Client/Matter # 2027439-2 Bankruptcy Administration 006340.00101
Date 07/19/10 07/19/10 07/19/10 07/19/10 07/19/10 07/19/10 07/19/10 07/19/10 07/19/10 07/19/10 07/19/10 07/19/10 07/19/10 07/19/10 07/19/10 07/19/10 07/20/10 07/20/10 07/20/10 07/20/10 07/20/10 07/20/10
Consultant RJA RJA RJA RJA RJA RJA RJA RJA RJA TBB TBB TBB TBB AG MCC AG TBB TBB TBB TBB TBB RJA
Description of Services Update and revise Organization chart and preSOFA/Schedule template. Prepare for SOFA and Schedules workstream. Meet with B Bachman to discuss vendor letter, bonus tax issue, and SOFA/schedule kick-off. Review first day motions and wage limit of $11,725. Update case number in Debtor list chart. Telephone call with APLLP team to discuss Platt Insurance surety bond. Prepare SOFA/ Schedule workstream, workplan, and check list. Update Organization ownership chart. Meet with B Bachman to discuss tax payment. Coordinate filing communications, including vendor letter. Review of petition and motions filed on petition date. Meetings with purchasing staff to address vendor COD issues and responses. Respond to inquires re: 1st day motions and prep for hearing. Review and monitor media and prepare media guide for client and colleagues. Handle media inquiries. Edit and proof final press release and release on the wire and distribute final announcement. Attend meeting with RMs to discuss status of case. Respond to inquires re: 1st day motions and prep for hearing. Attend calls with various vendors re: post-petition deliveries and terms. Discussions with accounting re: application of 1st day motions. Prepare summary of SOFAS and prep for kickoff meeting with company. Update list of surety bond premiums paid.
Hours 1.90 1.20 0.90 0.60 0.50 0.70 2.10 2.40 0.60 2.80 2.20 1.80 1.40 0.90 3.30 1.40 0.80 0.60 3.20 1.40 2.40 0.60
Date 07/20/10 07/20/10 07/20/10 07/20/10 07/20/10
Consultant RJA RJA RJA RJA RJA
Description of Services Prepare for SOFA and Schedule meeting. Update ownership in order of structure. Meet with APLLP team to discuss organization structure and SOFA / schedule process. Telephone call with K Venezie with Eric Ryan to discuss taxes pro-rated with utility bills. Telephone call with B Bachman to discuss administrative priority for workers compensation and "H" status codes in JDE AP Open. Review first day orders for cash management, cash collateral, wages, customer programs, shippers/lien/PACA, taxes and property management; prepare summary. Meet with B Bachman, R Pollack, L Price, E Kentoff, and APLLP team to discuss SOFA and Schedules workstream and plan; discuss responsible parties for each questions and schedule number. Meet with E Kentoff to discuss SOFA responsibilities and responses to questions. Participate in meeting to discuss first day motions; discuss cash management, 341 meeting and MOR report. Discuss SOP 90-7 with L Price and implementing fresh start accounting. Telephone call with B Osborne to discuss first day motions, systems in place, and discuss virtual data room for SOFA and schedules. Meet with APLLP team to discuss SOFA and schedule timeline and Omni engagement in process. Prepare for and attend meeting with Island to review first day motions and procedures. Attend calls with GMs to review vendor management issues after filing. Attend calls and address correspondence with foodservice vendors to negotiate post-petition terms. Attend meeting with accounting/legal staff to review SOFAS information requirements and timing. Address utility vendor issues, including commodity supply
Hours 1.90 2.30 1.20 0.60 0.80
07/21/10
RJA
2.40
07/21/10
RJA
3.10
07/21/10 07/21/10 07/21/10 07/21/10
RJA RJA RJA RJA
2.10 0.90 0.70 0.90
07/21/10 07/21/10 07/21/10 07/21/10 07/21/10 07/21/10
RJA TBB TBB TBB TBB TBB
0.80 1.20 2.20 3.60 2.20 1.80
Date 07/21/10 07/22/10 07/22/10 07/22/10 07/22/10
Consultant RJA TBB TBB TBB KJB
Description of Services agreements and related discussion with Eric Ryan. Discuss tax list and trial balance for 2008/2009 and 6/30/2010. Follow up discussions with Island management. Respond to inquires and research related to 1st day motions. Coordinate payment of post-petition invoices. Reviewed cash collateral motion for reporting requirements and understanding of current status of cash management process. Attended conference call with Alix team to understand status and organize items to be completed. Attend calls with vendor to discuss post-petition terms. Attend meeting and follow up discussions with legal, purchasing, Omni re: preparation of SOFAS. Meetings with management re: 1st days. Review Omni's website VFR. Update and revise SOFA and Schedule workstream; update Debtor Entities, vendor table (creditor matrix), KPA JDE Accounts, and Debtor properties. Prepare project manager of tasks; gathering data/files, format review and input in database; identify general notes update, comparison to Trial Balance, and review drafts. Review liquor license and business license. Prepare list of JMC Global detail pre-petition AP Open. Meet with M Winner, E Kentoff and APLLP team to discuss executory contract process. Telephone call with Omni support staff for preparation of schedule G from executory contracts and provide assistance in preparation of SOFA and schedule documents. Discuss surety bonds with E Kentoff. Prepare list requirements of Initial Debtor Interview (IDI) and documentation request. Update list of Litigation plaintiff and defendant for SOFA 4. Meet with APLLP team to discuss June's closing process. Meet with L Price to discuss tax returns and June's closing
Hours 0.40 2.10 1.30 1.10 0.90
07/22/10 07/22/10 07/22/10 07/22/10 07/22/10 07/22/10
KJB TBB TBB TBB RJA RJA
0.90 1.10 3.40 1.20 0.70 2.70
07/22/10
RJA
2.80
07/22/10 07/22/10 07/22/10 07/22/10
RJA RJA RJA RJA
0.90 0.80 1.90 1.40
07/23/10 07/23/10 07/23/10 07/23/10 07/23/10
RJA RJA RJA RJA RJA
0.80 2.30 2.40 0.50 0.70
Date 07/23/10 07/23/10 07/23/10 07/23/10 07/25/10
Consultant RJA RJA TBB TBB RJA
Description of Services schedule. Update organization structure with date of formation. Prepare and format Trial Balance 12/31/2008 with BU #, account number and prepare files for upload in database. Respond to vendor issues: amex, franchise fees and coordination with Island. Coordination of SOFAS planning with staff. Prepare and format Trial Balance 12/31/2009 and 6/30/2010 with BU #, account number; prepare files for upload in database. Respond to vendor issues and inquiries from accounting re: pre-petition payments. Activities related to gathering executory contracts, SOFAS planning. Discuss with counsel and vendors as appropriate. Research issues surrounding liquor, shipping, utility vendors. Prepare file for SOFA 1 and SOFA 2 and verified 6/30/2010 amounts. Prepare SOFA template with each LID and responses to questions and update "None" designations. Telephone call with E Kentoff to discuss US Trustee request and Platte River Bond issue. Prepare executory contract template, "cribsheet", and status codes/ recommendation. Telephone call with B Osborne to discuss Omni process and VFR. Telephone call with B Bachman to discuss bank accounts, utility adequate assurance deposit requirement, Town of Addison, and Progress Energy. Reformat trial balance for Business Unit number and account number. Update Debtor entities with LID in association with properties. Update timeline to SOFA and Schedules.
Hours 1.40 3.10 2.40 1.40 3.10
07/26/10 07/26/10 07/26/10 07/26/10 07/26/10 07/26/10 07/26/10 07/26/10 07/26/10 07/26/10
TBB TBB TBB TBB RJA RJA RJA RJA RJA RJA
3.20 1.80 0.40 1.60 2.80 2.30 0.40 1.80 0.60 0.50
07/26/10 07/27/10 07/27/10
RJA RJA RJA
2.10 3.20 2.10
Date 07/27/10
Consultant RJA
Description of Services Participate on conference call with M Murphy, M Beilinson, K&E attorneys and APLLP team to discuss SOFA and Schedule workstream and timeline; discuss non-residential real property lease rejection deadline; discuss IDI meeting and MOR requirements. Prepare Columbia Gas of Kentucky utility analysis. Review officer compensation and SOFA 3c payroll information. Review Schedule template from Omni. Review list of sold properties for Tallahassee, Wichita, and Columbus. Telephone call with K Nowles with Omni to discuss contract review process. Prepare SOFAS and case admin timeline and discuss with K&E and legal dept. Research 2015 filing requirements and applicable entities. Attend calls and respond to vendor inquiries re: postpetition credit terms. Review sofa 3c data and discuss with accounting. Research payables to shippers/lien holders; discuss with accounting. Compilation of SOFAS - trial balances, SOFA 3c, intercompany balances. Research 2015 filing requirements and accounting treatment of JV. Respond to inquiries from utility vendors and discuss with Eric Ryan. Prepare list of Debtors by property and email same to C Yee. Update and revise queries for SOFA 1-2; update SOFA template; update SOFA and schedule workplan. Update tables for formation dates of IHM and KPA LeaseCo's. Telephone call with B Bachman to discuss D&O and executive compensation. Review Trial Balance with T Brents to discuss inclusion of various items in SOFA and Schedules.
Hours 0.90
07/27/10 07/27/10 07/27/10 07/27/10 07/27/10 07/27/10 07/27/10 07/27/10 07/27/10 07/28/10 07/28/10 07/28/10 07/28/10 07/28/10 07/28/10 07/28/10 07/28/10 07/28/10
RJA RJA RJA RJA RJA TBB TBB TBB TBB TBB TBB TBB TBB RJA RJA RJA RJA RJA
1.20 0.80 0.80 0.90 0.70 2.60 1.80 2.40 1.60 3.20 2.80 2.60 1.20 1.10 1.30 0.70 0.50 0.90
Date 07/28/10 07/28/10 07/28/10 07/28/10 07/28/10 07/29/10 07/29/10 07/29/10
Consultant MCC RJA RJA RJA RJA RJA RJA RJA
Description of Services Handle several calls and follow-up from preferreds. Update tables to include non-debtor sold entities of Columbus, Wichita, and Tallahassee. Meet with T Brents to discuss SOFA and Schedule workplan. Prepare consolidated Trial Balance as of 6/30/2010. Update list of tax jurisdictions and Schedule E. Discuss AR tax refund with L Price and discuss deferred franchise fees. Review chart of accounts for tax accounts and update and revise Schedule E tax list. Telephone call with B Bachman to discuss COA and payment records for one year back and prepare queries for 90-day payments. Review payment record detail from B Bachman. Review SOFA 12 safety deposit box requirements. Update and revise SOFA 1 with Hotel Operating Revenue, Percentage Lease Revenue/Other. Telephone call with J Marines to discuss Insurance policies finance premium payments due on 8/1/2010 and review financial installments documents. Create draft of SOFA 3c. Respond to inquiries from vendors and coordinate payments authorized under 1st day motions. Research intercompany accounts and evaluate presentation on SOFAS. Respond to vendor claims inquires re: Island vs. Innkeepers and shipping issues. Draft format for presentation of debt on Schedule D. Prepare queries for SOFA 2 Other Income and update SOFA template. Meet with E Kentoff to discuss documents for executory contracts. Meet with L Price to visit Bank of America safety deposit box.
Hours 0.50 0.90 0.50 1.90 2.60 1.40 1.80 1.90
07/29/10 07/29/10 07/29/10 07/29/10
RJA RJA RJA RJA
1.10 0.40 2.30 1.20
07/29/10 07/29/10 07/29/10 07/30/10 07/30/10 07/30/10 07/30/10 07/30/10
TBB TBB TBB TBB TBB RJA RJA RJA
2.80 2.60 1.20 2.60 3.20 2.10 0.90 0.90
Date 07/30/10
Consultant RJA
Description of Services Meet with L Price to discuss Schedule E tax jurisdictions and discuss Innkeepers USA LP company numbers and elimination companies. Telephone call with J Marines to discuss Insurance motion and communication with Bank Direct and AFCO. Update SOFA 18a organization chart with Location and Nature of Business. Internal call to discuss AFCO and Bank Direct and discuss review of pre/post checks. Meet with M Winer and R Foster to discuss access to contracts and efax account. Telephone call with A Gonzalez to discuss cutting checks for post-petition invoices and approved pre-petition invoices. Total Hours
Hours 1.20
07/30/10 07/30/10 07/30/10 07/30/10 07/30/10
RJA RJA RJA RJA RJA
0.50 1.30 1.60 0.90 0.40 193.60
Fee Recap: Consultant Todd Brents Michelle C Campbell Kurt J Beckeman Raymond J Adams Alex Griffin Total Hours & Fees Hours 79.20 3.80 1.80 106.50 2.30 193.60 Rate 760.00 710.00 620.00 580.00 270.00 Amount 60,192.00 2,698.00 1,116.00 61,770.00 621.00 126,397.00
Innkeepers USA Trust Mark Murphy, General Counsel 340 Royal Poinciana Way, Suite 306 Palm Beach, FL 33480-4094 Invoice # Re: Client/Matter # 2027439-3 Accounting - Finance 006340.00102
Date 07/20/10 07/26/10 07/26/10 07/27/10 07/27/10 07/27/10 07/27/10 07/27/10 07/27/10 07/28/10 07/28/10
Consultant RJA RJA KJB KJB KJB KJB KJB KJB KJB KJB KJB
Description of Services Update Fremont and Lexington PIPs scope of work. Meet with C Engelhardt to discuss budget comparison to Benjamin West's bid. Reviewed 13-week cash forecast and related support. Prepared for and attended conference call with Moelis and internal management to review financial model. Prepared for and attended conference call to discuss open information requests. Reviewed cash model and identified potential report requirements for flash report and cash reporting. Reviewed weekly cash flow emails and support documents related to cash flow model and weekly reporting. Prepared base draft cash reconciliation as of filing date. Met with Alix team to get understanding of organization, company staff and information sources. Revised petition date cash reconciliation and supporting detail. Reviewed JD Edwards reports and data; Compared JD Edwards data to cash flow inputs and identified reconciling items. Reviewed cash model for JV entity and other 3rd party managed entities. Prepared for and attended meeting with VP Accounting to review information requests and potential follow items. Prepared for and attended conference call with Floating Pool agent. Follow-up on open items related to pre-petition cash reconciliation and support for cash model forecast. Reviewed revenue data by location and identified missing location in analysis. Telephone call with M Beilinson and M Murphy to discuss Benjamin West bid and reality check. Reconciled JD Edwards reports to cash model inputs from historical weeks. Met with Island cash manager and developed weekly
Hours 3.40 0.70 1.40 1.10 1.20 2.30 3.10 1.20 1.20 2.10 2.70
07/28/10 07/28/10 07/28/10 07/28/10 07/28/10 07/28/10 07/29/10 07/29/10
KJB KJB KJB KJB KJB RJA KJB KJB
1.20 1.20 0.90 0.60 0.90 0.40 1.30 0.90
Date 07/29/10 07/29/10 07/29/10 07/29/10 07/30/10 07/30/10 07/30/10 07/30/10 07/30/10
Consultant KJB KJB KJB KJB RJA RJA KJB KJB KJB
Description of Services reporting tool. Reconciled bank transaction detail to cash model and prepetition cash balance reconciliation. Updated cash model to reflect revised format and updated actual results. Identified deposits in transit for calculation of pre-petition cash balance. Analyzed bank activity and cash flow inputs. Meet with C Engelhardt to discuss Benjamin West bid. Update PIP scope of work for Louisville and Mountain View. Reviewed bank detail for previous week and developed summary to reconcile model to actual activity. Updated cash model format to reconcile with Cash Collateral format. Finalized draft reconciliation of cash balances at filing date. Total Hours
Hours 2.10 2.90 1.90 0.90 0.60 2.10 2.90 3.00 1.20 45.40
Fee Recap: Consultant Kurt J Beckeman Raymond J Adams Total Hours & Fees Hours 38.20 7.20 45.40 Rate 620.00 580.00 Amount 23,684.00 4,176.00 27,860.00
September 30, 2010 Innkeepers USA Trust Mark Murphy, General Counsel 340 Royal Poinciana Way, Suite 306 Palm Beach, FL 33480-4094 Client: 006340 Inv. No.: 2027756 For Professional Services: August 1, 2010 through August 31, 2010
Current Charges: Raymond J Adams Kurt J Beckeman Nathan Cook Todd Brents Total Hours & Fees Interim CFO Adjustment Subtotal Expenses Total Amount Due Director Director Managing Dir. Managing Dir.
Hours 275.30 204.60 200.40 137.80 818.10
Rate 580.00 620.00 710.00 760.00
Amount 159,674.00 126,852.00 142,284.00 104,728.00 533,538.00 (42,284.00) 491,254.00 23,391.78
USD
514,645.78
Please reference the invoice number noted above on any payment remittance. Thank You. Send electronic remittance to: Account Name: AP Services LLC Account Number: 004-62643 Bank Name: Deutsche Bank ABA: 021-001-033 Send check remittance to: AP Services LLC P.O. Box 5838 Carol Stream, IL 60197-5838
Description Interim CFO Bankruptcy Administration Accounting - Finance
Amount 100,000.00 238,584.00 152,670.00 491,254.00 Amount 8,124.30 2,145.45 28.95 6,380.06 2,880.98 673.00 3,159.04 23,391.78
Cab Fare/Ground Transportation Gas/Fuel Lodging Meals & Tips Parking & Tolls Rental Car Total Disbursements
Innkeepers USA Trust Mark Murphy, General Counsel 340 Royal Poinciana Way, Suite 306 Palm Beach, FL 33480-4094 Invoice # Re: Client/Matter # 2027756-1 Interim CFO 006340.00100
Date 08/02/10 08/02/10 08/02/10 08/02/10 08/02/10 08/02/10 08/02/10 08/02/10 08/02/10 08/02/10 08/03/10 08/03/10 08/03/10 08/03/10 08/03/10 08/03/10 08/03/10 08/03/10 08/03/10 08/03/10
Consultant NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC
Description of Services Prepared for and met with Barbara Bachman of Island to discuss weekly priorities and requirements. Reviewed draft template for cash disbursement flash report. Reviewed detail related to requested vendor deposits, and related follow-up. Reviewed 13-week cash forecast and related support. Follow-up related to Sheraton Raleigh related vendor payments. Reviewed and updated information requests from Island. Preparation for and call with Kirkland & Ellis related to hearing with Midland. Reviewed tracking list of outstanding information requests from FTI. Follow-up with Barbara Bachman related to Suntrust bank accounts. Reviewed drafts of JD Edwards reports prepared by Island, and related follow-up. Preparation for and internal meeting to discuss cash flows associated with debt tranches. Preparation for and call with FTI to discuss PIP budgeting process. Preparation for and internal meeting to discuss due diligence tracking and open requests. Preparation for and internal meeting to discuss Monthly Operating Report requirements. Preparation for and meeting to discuss liquidity and cash management. Reviewed tax related issues and updates related to property tax appeals. Reviewed PO and requisition process. Reviewed open Midland discovery requests, and related follow-up with counsel. Reviewed internal audit reports and related detail. Prepared for and met with Linda Price to discuss open accounting issues.
Hours 1.30 0.60 1.30 1.90 0.60 0.70 0.60 1.50 0.40 1.70 1.30 1.20 0.60 1.10 0.80 0.50 2.30 1.40 0.80 1.30
Date 08/03/10 08/04/10 08/04/10 08/04/10 08/04/10 08/04/10 08/04/10 08/04/10 08/05/10
Consultant NC NC NC NC NC NC NC NC NC
Description of Services Reviewed Crowe Horwath proposed engagement letter related to SOX IT review, and related follow-up. Reviewed proposed Lehman DIP credit agreement and open issues. Reviewed and finalized June 2010 monthly reporting package. Prepared for and met with Barbara Bachman of Island to discuss open information requests. Reviewed proposed cash disbursements and related support. Follow-up with Island related to Suntrust bank accounts. Reviewed draft cash disbursement flash report and related support. Reviewed updates to PIP budgets. Preparation for and internal meeting to discuss outstanding FTI information requests, assignment of responsibility, and expected timing of delivery. Internal discussions related to property tax payment issues. Reviewed updated Lehman DIP loan document draft, and related follow-up. Reviewed open A/P workflow items in JD Edwards, and related approvals. Reviewed open POs and related support in JD Edwards, and related approvals. Reviewed PIP project tracking template and related accounting cost codes. Reviewed Utility motion objections, and related follow-up. Reviewed proposed check run and related support. Reviewed pre-petition and post-petition bifurcation of check run, and related follow-up. Reviewed proposed responses related to Midland discovery request, and related follow-up. Reviewed cash disbursements and relates support. Follow-up on open FTI information requests. Reviewed draft of Five Mile DIP credit agreement. Preparation for and participation in internal call to discuss
Hours 0.70 2.60 2.50 0.80 1.50 0.60 1.60 0.90 1.10
08/05/10 08/05/10 08/05/10 08/05/10 08/05/10 08/05/10 08/05/10 08/06/10 08/06/10 08/06/10 08/06/10 08/06/10 08/08/10
NC NC NC NC NC NC NC NC NC NC NC NC NC
0.60 1.40 0.80 1.40 1.70 0.90 1.80 1.30 1.10 1.40 0.50 2.30 1.40
Date 08/09/10 08/09/10 08/09/10 08/09/10 08/09/10 08/09/10 08/09/10 08/09/10 08/10/10 08/10/10
Consultant NC NC NC NC NC NC NC NC NC NC
Description of Services open issues related to Lehman DIP credit agreement. Preparation for and call with Dechert to discuss DIP loan documents. Preparation for and internal meeting to discuss PIP project tracking and budgeting. Reviewed updated Lehman DIP loan documents. Reviewed updated 13-week cash forecast and disbursement detail. Reviewed and approved A/P workflow and open POs in JD Edwards. Discussion with Linda Price related to the treatment of various accounting entries. Follow-up with Suntrust related to bank accounts. Reviewed updated Five Mile DIP loan documents. Preparation for and call with Five Mile to discuss open DIP loan document issues. Prepared for and met with Barbara Bachman and Roger Pollak of Island Hospitality to discuss open issues and accounting requests. Preparation for and call with counsel to discuss Midland's objections for 8/12 hearing. Reviewed status of open information requests. Reviewed updated draft of Flash Report and open disbursements to be allocated. Reviewed updated 13-week cash forecast and related support. Reviewed and approved open POs and A/P workflow items in JD Edwards. Prepared for and met with staff to discuss open items and next steps. Preparation for and call with Five Mile and Arnold & Porter related to DIP loan documents. Reviewed revised draft of Five Mile DIP loan documents. Reviewed proposed vendor payments and related support. Reviewed and provided comments to counsel with respect to
Hours 1.20 1.30 1.60 1.40 1.20 0.70 0.40 1.60 1.60 1.30
08/10/10 08/10/10 08/10/10 08/10/10 08/10/10 08/10/10 08/11/10 08/11/10 08/11/10 08/11/10
NC NC NC NC NC NC NC NC NC NC
1.10 0.60 1.40 1.50 1.30 0.80 1.50 1.40 1.80 1.60
Date 08/11/10 08/11/10 08/11/10 08/12/10 08/12/10 08/12/10 08/12/10 08/12/10 08/13/10 08/13/10 08/13/10 08/13/10 08/13/10 08/13/10 08/16/10 08/16/10 08/16/10 08/16/10 08/16/10
Consultant NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC
Description of Services draft of Lehman DIP Order. Reviewed summary of Real Estate taxes coming due. Reviewed amounts due to Island and had discussion with counsel related to the same. Reviewed updated 13-week cash forecast and related support. Preparation for and call with Dechert and Lehman related to tax audit issues. Reviewed Fort Walton Beach financial information provided by Dimension related to open questions from Lehman. Reviewed proposed check run and wires, and bi-furcation of pre-petition and post-petition amounts. Reviewed proposed reporting requirements in DIP loan documents and follow-up with counsel on the same. Reviewed proposed Utility settlements and follow-up with counsel on the same. Preparation for and call with PwC related to audit issues. Review and follow-up related to check run and wire payments. Reviewed revised draft of final Cash Collateral Order and provided comments to counsel. Reviewed revised 13-week cash forecast and related support. Preparation for and call with Susanne Frey of Lehman related to various open items and related follow-up. Reviewed updated drafts of Lehman and Five Mile credit agreements. Preparation for and call with Dechert and Kirkland & Ellis related to tax issues. Reviewed updated 13-week cash forecast and related support, and follow-up discussions on the same. Reviewed and updated Five Mile PIP DIP and related support, and discussions on the same. Reviewed status of open information requests from Island, and related follow-up. Review and approval of open POs and workflow items in JD
Hours 1.30 0.60 1.80 1.10 0.60 1.70 1.20 0.60 0.90 1.40 1.20 1.80 0.60 1.60 0.80 1.70 2.20 1.10 1.40
Date 08/16/10 08/17/10 08/17/10 08/17/10 08/17/10 08/17/10 08/17/10 08/17/10 08/17/10 08/17/10 08/17/10 08/17/10 08/18/10 08/18/10 08/18/10 08/18/10 08/18/10 08/18/10 08/18/10 08/19/10
Consultant NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC
Description of Services Edwards. Reviewed Flash Report for the period 7/19/10 through 7/31/10 and related support. Review and internal meeting to discuss updated Flash Report of cash disbursements. Prepared for and met with Linda Price to discuss status of tax appeals. Follow-up on open information requests related to Hilton Ontario. Review and discussion related to proposed check payments. Reviewed updated to Five Mile PIP DIP Budget, and related discussion. Reviewed additional information requests for Island. Reviewed draft Control Disbursement Agreement. Reviewed Disclosure Statement. Preparation for and internal meeting to review updated draft of Five Mile DIP Budget. Preparation for and call with HPG related to pre-petition obligation. Preparation for and call with Marc Beilinson to discuss Five Mile DIP Budget. Follow-up and related discussions on open vendor issues. Reviewed updated summary of property tax obligations, and discussions on the same. Reviewed updated Five Mile PIP DIP budget and related assumptions. Reviewed updated 13-week cash forecast and related support. Reviewed updated draft of Control Disbursement Agreement. Preparation for and internal meeting to discuss PIP bid analysis. Preparation for and call with Lehman to discuss PIP DIP budgets, status, and open items. Reviewed draft agreement with Benjamin West, and related
Hours 1.80 1.30 0.80 0.70 0.60 1.60 0.50 1.70 1.60 0.70 0.50 0.80 1.40 1.30 1.60 1.90 0.90 1.30 1.20 1.10
Date 08/19/10 08/19/10 08/19/10 08/19/10 08/19/10 08/20/10 08/20/10 08/20/10 08/22/10 08/23/10 08/23/10 08/23/10 08/23/10 08/23/10 08/23/10 08/23/10 08/23/10 08/24/10 08/24/10 08/24/10 08/24/10 08/24/10
Description of Services follow-up. Reviewed and approved open POs. Reviewed proposed check run and related support. Reviewed updated real estate tax summary. Reviewed revisions to Five Mile DIP Control Disbursement Agreement. Provided support for July payment to Island. Reviewed updated Five Mile DIP Credit Agreement. Reviewed proposed check run and related support, and provided approval. Preparation for and call with Kirkland & Ellis to discuss Lehman DIP loan documents. Preparation for and call with Kirkland & Ellis to discuss Disclosure Statement. Preparation for and internal meeting to review Five Mile DIP Budget and related support. Preparation for and call with counsel to discuss Declaration on Cash Collateral. Reviewed and revised Declaration on Cash Collateral. Reviewed 13-week cash forecast and related support. Follow-up on open tax audit diligence requests. Reviewed draft flash report and related support. Reviewed draft Application Report and related support. Reviewed open tax issues and had related discussion on the same. Preparation for and conference call to discuss Control Disbursement Account Agreement. Reviewed Control Disbursement Account Agreement. Preparation for and call with Bryan Cave, Duane Morris, and Kirkland & Ellis to discuss DIP financing agreement. Preparation for and internal meeting to review draft SOFAs and Schedules. Preparation for and call with Five Mile and Kirkland & Ellis to discuss DIP financing.
Hours 1.20 1.70 0.60 0.50 0.60 1.40 1.80 1.20 1.20 1.70 0.70 1.50 1.30 0.60 1.20 1.30 0.90 1.10 1.30 0.70 2.10 0.60
Date 08/24/10 08/24/10 08/24/10 08/24/10 08/25/10 08/25/10 08/25/10 08/25/10 08/25/10 08/25/10 08/25/10 08/25/10 08/25/10 08/25/10 08/25/10 08/26/10 08/26/10 08/26/10 08/26/10 08/26/10 08/26/10
Consultant NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC
Description of Services Preparation for and call with FTI and Five Mile to discuss DIP Covenants. Reviewed draft SOFAs and Schedules. Preparation for and call with Kirkland & Ellis to discuss Declaration on Cash Collateral. Reviewed open POs and A/P workflow items in JD Edwards. Preparation for and call with Kirkland & Ellis regarding monthly payment to Island. Preparation for and internal meeting to review 13-week cash forecast, Flash Report, and Application Report. Participated in Board update call. Preparation for an call with FTI to discuss Five Mile DIP draw requests. Reviewed open property tax issues. Reviewed Greenspan's Second Declaration and prepared illustrative calculation. Provided additional support to Haynes & Boone related to payment of Island's monthly fees. Reviewed updated draft of Five Mile DIP loan agreement. Reviewed and update Five Mile DIP Budget. Preparation for and call with Kirkland & Ellis and Haynes & Boone to discuss payment of Island's fees. Reviewed Benjamin West contract. Preparation for and internal meeting to discuss Benjamin West contract and related accounting issues. Innkeepers finance and accounting team staff lunch meeting. Preparation for and call with Moelis to discuss status, open items, and next steps. Preparation for and internal meeting to review 13-week cash forecast, Flash Report and Application Report. Preparation for and call to discuss Cook Declaration regarding Cash Collateral. Reviewed various objections filed related to Cash Collateral Order.
Hours 0.50 2.60 0.70 1.40 0.50 1.20 0.60 0.60 0.40 1.70 0.40 1.60 1.20 0.30 0.70 1.20 1.00 0.90 1.30 0.80 1.70
Date 08/26/10 08/26/10 08/26/10 08/27/10 08/27/10 08/27/10 08/27/10 08/30/10 08/30/10 08/30/10 08/30/10 08/30/10 08/31/10 08/31/10 08/31/10 08/31/10 08/31/10 08/31/10 08/31/10
Consultant NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC
Description of Services Reviewed and edited exhibits to Cook Declaration related to Cash Collateral. Reviewed status of the set up of a data site for funding draw support related to the Five Mile DIP. Reviewed open PO and A/P workflow items in JD Edwards. Preparation for and call with FTI to discuss Five Mile DIP Budget. Reviewed and updated Cook Declaration and related exhibits. Reviewed and approved proposed check runs and related support. Reviewed updated drafts of Five Mile DIP loan agreement. Meetings with Kirkland & Ellis to prepare for bankruptcy court testimony. Preparation for and call with Dechert and Kirkland & Ellis to discuss open tax diligence items. Provided monthly reporting to the lenders. Reviewed and updated 13-week cash forecast, Flash Report and Application Report. Reviewed and updated Supplemental Cook Declaration related to Cash Collateral. Preparation for and testimony in bankruptcy court related to cash collateral. Attended hearing on cash collateral, including Greenspan testimony. Reviewed draft of Final Cash Collateral Order. Follow up related to DIP budget questions from FTI. Reviewed updated draft of Five Mile DIP Loan agreement. Reviewed deposition transcript of Chris Dochat of FTI. Reviewed updated drafts of SOFAs and Schedules. Total Hours
Hours 1.60 0.40 1.20 0.70 2.10 1.30 1.30 3.50 0.60 2.80 3.20 1.10 3.80 1.70 0.90 0.70 1.60 1.20 1.20 200.40
Date 07/23/10 07/25/10 07/28/10 07/30/10 08/01/10 08/01/10 08/01/10 08/02/10 08/02/10 08/02/10 08/02/10 08/02/10 08/02/10 08/03/10 08/03/10 08/03/10 08/03/10 08/03/10 08/04/10 08/04/10 08/04/10 08/04/10 08/04/10 08/05/10
Disbursement Description Cab Fare/Ground Transportation - - VENDOR: Executive Car Service, Inc. Ray Adams DFW to home Cab Fare/Ground Transportation - - VENDOR: Executive Car Service, Inc. Ray Adams home to DFW Airfare Todd Brents 2010-07-29 PBI - CLT Cab Fare/Ground Transportation - - VENDOR: Executive Car Service, Inc. Ray Adams DFW to home Cab Fare/Ground Transportation - - VENDOR: Executive Car Service, Inc. Ray Adams home to DFW Lodging Raymond Adams-Hyatt Hotels-West Palm Beach08/01/2010-08/06/2010 Meals & Tips Nathan Cook-Dinner Cab Fare/Ground Transportation Todd Brents-PBI To Client Lodging Kurt Beckeman-Marriott Hotels-West Palm Beach08/02/2010-08/06/2010 Lodging Todd Brents Hyatt Hotels - West Palm Beach 08/02/2010 08/06/2010 Meals & Tips Nathan Cook-Breakfast Meals - Engagement Team Nathan Cook-Dinner-Todd Brents; Raymond Adams; Marc Beilinson (client); Kurt Beckman Parking & Tolls Raymond Adams Airfare Raymond Adams-2010-08-08-DFW-PBI Airfare Service Charge Raymond Adams Meals & Tips Kurt Beckeman-Dinner Meals & Tips Raymond Adams-Dinner Meals & Tips Todd Brents-Dinner Airfare Todd Brents 2010-08-09 CLT - PBI Airfare Service Charge Todd Brents Cab Fare/Ground Transportation Todd Brents PBI To Innkeepers Meals - Engagement Team Todd Brents - Dinner - Ray Adams; Nathan Cook; Kurt Beckeman; Marc Beilinson (client) Meals & Tips Nathan Cook-Dinner Airfare Service Charge Nathan Cook
Amount 94.95 94.95 299.98 94.95 94.95 496.20 31.85 183.40 825.12 753.76 18.47 275.00 3.00 504.40 10.00 33.69 22.86 28.00 598.90 10.00 21.00 170.00 55.72 30.00
Date 08/05/10 08/05/10 08/06/10 08/06/10 08/06/10 08/06/10 08/06/10 08/06/10 08/06/10 08/06/10 08/08/10 08/08/10 08/08/10 08/09/10 08/09/10 08/09/10 08/09/10 08/09/10 08/09/10 08/10/10 08/10/10 08/10/10 08/10/10 08/10/10 08/10/10
Disbursement Description Airfare Nathan Cook-2010-08-06-MIA-LAX Meals - Engagement Team Todd Brents - Dinner - Ray Adams; Nathan Cook; Kurt Beckeman Cab Fare/Ground Transportation - - VENDOR: Executive Car Service, Inc. Ray Adams DFW to home Gas/Fuel Raymond Adams-Rental Car Fuel Meals & Tips Nathan Cook-Dinner Parking & Tolls Nathan Cook Parking & Tolls Kurt Beckeman Rental Car Kurt Beckeman-4 Days-Ft. Lauderdale, FL Rental Car Raymond Adams-5 Days-Palm Beach FL Rental Car Nathan Cook-5 Days-Miami FL Cab Fare/Ground Transportation - - VENDOR: Executive Car Service, Inc. Ray Adams home to DFW Cab Fare/Ground Transportation Todd Brents CLT To Home Lodging Raymond Adams Hyatt Hotels - West Palm Beach 08/08/2010 - 08/13/2010 Cab Fare/Ground Transportation Todd Brents Home To CLT Cab Fare/Ground Transportation - - VENDOR: Todd Brents Cab Fare/Ground Transportation Todd Brents PBI To Innkeepers Lodging Todd Brents Hyatt Hotels - West Palm Beach 08/09/2010 08/11/2010 Lodging Kurt Beckeman Hyatt Hotels - West Palm Beach 08/09/2010 - 08/12/2010 Meals - Engagement Team Raymond Adams - Dinner - Kurt Beckeman; Todd Brents Meals & Tips Nathan Cook-Dinner Airfare Nathan Cook-2010-08-12-MIA-LAX Airfare Service Charge Nathan Cook Airfare Raymond Adams 2010-08-15 DFW - PBI Airfare Raymond Adams 2010-08-20 DFW - PBI Airfare Service Charge Raymond Adams Airfare Service Charge Raymond Adams
Amount 1,835.82 217.12 94.95 10.60 35.95 179.00 100.00 284.91 242.25 358.24 94.95 183.40 546.20 181.40 20.00 298.82 297.72 48.23 42.00 1,518.80 30.00 546.40 503.40 10.00 30.00
Date 08/10/10 08/10/10 08/10/10 08/11/10 08/11/10 08/11/10 08/11/10 08/11/10 08/11/10 08/11/10 08/11/10 08/12/10 08/12/10 08/12/10 08/12/10 08/13/10 08/13/10 08/13/10 08/13/10 08/15/10 08/16/10 08/16/10 08/16/10 08/16/10 08/16/10
Disbursement Description Airfare Service Charge Todd Brents Airfare Todd Brents 2010-08-16 CLT - PBI Meals - Engagement Team Kurt Beckeman - Dinner - Todd Brents; Raymond Adams; Nathan Cook Airfare Service Charge Kurt Beckeman Airfare Service Charge Kurt Beckeman Airfare Kurt Beckeman 2010-08-12 FLL - DTW Airfare Change Fees Nathan Cook Meals - Engagement Team Nathan Cook-Dinner-Caleb Van Dyke (client) Meals & Tips Nathan Cook-Dinner Meals - Engagement Team Raymond Adams - Dinner - Kurt Beckeman Meals - Engagement Team Raymond Adams - Dinner - Kurt Beckeman Meals & Tips Raymond Adams - Dinner Parking & Tolls Kurt Beckeman Rental Car Kurt Beckeman 3 Days - Ft. Lauderdale Rental Car Nathan Cook-3 Days-Miami FL Cab Fare/Ground Transportation - - VENDOR: Todd Brents Cab Fare/Ground Transportation Todd Brents PBI To Innkeepers Cab Fare/Ground Transportation Todd Brents Home To CLT Parking & Tolls Nathan Cook Rental Car Raymond Adams 5 Days - Palm Beach Lodging Raymond Adams Hyatt Hotels - West Palm Beach 08/15/2010 - 08/21/2010 Cab Fare/Ground Transportation Todd Brents CLTTo Home Lodging Todd Brents Hyatt Hotels - West Palm Beach 08/16/2010 08/18/2010 Lodging Kurt Beckeman Hyatt Hotels - West Palm Beach 08/16/2010 - 08/19/2010 Meals & Tips Raymond Adams - Dinner Meals - Engagement Team Kurt Beckeman - Dinner - Nathan Cook
Amount 10.00 493.90 178.56 13.00 10.00 150.00 30.00 109.20 40.32 100.00 52.34 23.17 80.00 241.91 292.84 21.00 181.40 131.00 254.57 595.44 181.40 298.82 297.72 19.03 100.00
Date 08/16/10 08/17/10 08/17/10 08/18/10 08/18/10 08/19/10 08/19/10 08/19/10 08/19/10 08/19/10 08/19/10 08/19/10 08/19/10 08/19/10 08/20/10 08/20/10 08/22/10 08/22/10 08/22/10 08/23/10 08/23/10 08/23/10 08/23/10 08/23/10 08/23/10 08/23/10 08/23/10 08/24/10
Disbursement Description Meals & Tips Kurt Beckeman - Dinner Airfare Service Charge Todd Brents Meals - Engagement Team Todd Brents - Dinner - Ray Adams; Nathan Cook; Kurt Beckeman; Brian Osborne (Omni) Airfare Kurt Beckeman 2010-08-19 FLL - DTW Airfare Service Charge Kurt Beckeman Airfare Service Charge Kurt Beckeman Airfare Service Charge Todd Brents Airfare Todd Brents 2010-08-23 IAD - ATL Airfare Service Charge Todd Brents Meals & Tips Todd Brents - Dinner Meals - Engagement Team Raymond Adams - Dinner - B. Osborne (Omni) Meals & Tips Raymond Adams - Breakfast Parking & Tolls Kurt Beckeman Rental Car Kurt Beckeman 3 Days - - Ft. Lauderdale Gas/Fuel Raymond Adams Rental Car Raymond Adams 5 Days - Palm Beach Cab Fare/Ground Transportation Raymond Adams DFW To Home Meals & Tips Raymond Adams - Dinner Rental Car Raymond Adams 2 Days - Palm Beach Airfare Raymond Adams 2010-08-29 DFW - PBI Airfare Service Charge Raymond Adams Airfare Service Charge Kurt Beckeman Airfare Kurt Beckeman 2010-08-30 DTW - FLL Cab Fare/Ground Transportation Todd Brents Gsp To Home Lodging Todd Brents Marriott Hotels - West Palm Beach 08/23/2010 - 08/27/2010 Lodging Kurt Beckeman Hyatt Hotels - West Palm Beach 08/23/2010 - 08/27/2010 Meals & Tips Raymond Adams - Dinner Meals - Engagement Team Raymond Adams - Dinner - N Cook; K Beckeman; B Osborne (Omni); M Belienson (client)
Amount 10.00 10.00 208.51 150.00 10.00 13.00 13.00 142.92 10.00 5.32 40.83 8.52 80.00 236.23 10.85 242.25 80.00 22.67 184.00 292.40 10.00 30.00 213.48 65.00 646.72 396.96 23.08 224.12
Date 08/25/10 08/25/10 08/25/10 08/26/10 08/27/10 08/27/10 08/27/10 08/27/10 08/27/10 08/28/10 08/29/10 08/30/10 08/30/10 08/30/10 08/30/10 08/30/10 08/31/10 08/31/10
Disbursement Description Airfare Todd Brents 2010-08-30 CLT - PBI Airfare Service Charge Todd Brents Meals - Engagement Team Todd Brents - Dinner - Ray Adams; Nathan Cook; Kurt Beckeman; Marc Beilinson (client) Meals - Engagement Team Todd Brents - Dinner - Ray Adams; Kurt Beckeman Gas/Fuel Raymond Adams Parking & Tolls Kurt Beckeman Rental Car Kurt Beckeman 4 Days - Ft. Lauderdale Rental Car Raymond Adams 5 Days - Palm Beach Rental Car Todd Brents 4 Days - Ft. Lauderdale Meals & Tips Todd Brents - Dinner Cab Fare/Ground Transportation - - VENDOR: Executive Car Service, Inc. Ray Adams home to DFW Cab Fare/Ground Transportation Todd Brents Home To CLT Cab Fare/Ground Transportation Todd Brents CLT To Home Lodging Todd Brents Hyatt Hotels - West Palm Beach 08/30/2010 09/02/2010 Lodging Kurt Beckeman Hyatt Hotels - West Palm Beach 08/30/2010 - 09/02/2010 Meals - Engagement Team Todd Brents - Dinner - Ray Adams Meals & Tips Todd Brents - Dinner Meals - Engagement Team Kurt Beckeman - Dinner - Raymond Adams Total Disbursements
Amount 584.90 10.00 275.00 165.00 7.50 100.00 281.56 267.66 272.62 98.41 94.95 181.40 181.40 628.86 297.72 110.00 13.74 74.27 23,391.78
Disbursement Recap: Description Airfare Cab Fare/Ground Transportation Gas/Fuel Lodging Meals & Tips Parking & Tolls Rental Car Total Disbursements Amount 8,124.30 2,145.45 28.95 6,380.06 2,880.98 673.00 3,159.04 23,391.78
Date 08/01/10 08/02/10 08/02/10 08/02/10 08/02/10
Description of Services Prepare list of debtors by property and update SOFA 18a organization structure. Prepare strategic timeline for SOFA and Schedule. Review SOFA 3c. Review trial balance for Other Income, Gains/Losses, and Dividend Income. Telephone call with J Zinman with K&E to discuss Grand IHM, Inc's corporate return and discussed partnership returns. Met with M Murphy, M Beilinson, and APLLP team to discuss strategy for SOFA and Schedules and discuss Debt and SOFA 3c. Met with B Bachman, L Price, and APLLP team to discuss tasks and requests for information. Met with B Bachman to discuss SOFA open items; discuss closed bank accounts. Telephone call with B Osborne and K Nownes to discuss Executory Contract process and SOFA/Schedule checklist. Follow up on utlity deposit/Island inquiries. Prepare draft of 2015 filing and review with company. Meeting with Island re: accounting requests and payment coordination. Calls with utility vendors to discuss adequate assurance. Prepare drafts of schedules D, H. Prepare for and attend meeting with accounting re: MOR preparation. Draft schedules D and H. Draft general and specific notes for SOFAS. Respond to inquiries from suppliers, utility companies and contract counter parties re: filing and post-petition terms and related discussions with counsel. Research co-borrowers on lending agreements. Telephone call with B Bachman to discuss SOFA 7 gifts and prepare list for Omni. Review property roll-up for LID 88 rolling up under
Hours 2.10 1.30 1.10 1.70 0.40
08/02/10
RJA
0.50
08/02/10 08/02/10 08/02/10 08/02/10 08/02/10 08/02/10 08/02/10 08/02/10 08/03/10 08/03/10 08/03/10 08/03/10
RJA RJA RJA TBB TBB TBB TBB TBB TBB TBB TBB TBB
0.60 0.70 0.60 0.80 2.80 1.80 2.20 1.80 1.20 1.80 2.20 3.20
08/03/10 08/03/10 08/03/10
TBB RJA RJA
1.80 1.70 2.30
Date
Consultant
Description of Services Innkeepers, 55 rolls up under Floating 2, and 54 rolling up under IHM. Participate on call with M Murphy, E Kentoff, K Nownes, and B Osborne to discuss contract process and status of compilation. Met with B Bachman and P Grant to discuss access to server and supporting documentation. Prepare list of requests from B Bachman. Review IH contract list. Telephone call with E Kentoff to discuss Litigation and update Litigation for SOFA 4a. Met with B Bachman and APLLP team to discuss priorities of requests. Review Ontario receivership agreement stipulation from management companies. Met with B Bachman to discuss security deposits. Respond to inquiries from suppliers, utility companies and contract counter parties re: filing and post-petition terms and discussion with counsel. Develop materials for sofa 3b - sweeps from banks and develop materials for schedule E - taxing authorities. Follow up discussions with Hess, Sempra, Fire and Oak re: pre-petition payments and ongoing performance under contracts. Follow up discussions with JMC re: open invoices and timing of payments. Respond to utility/commodity provider inquires re: bankruptcy filing. Discussions with company and compilation of information for Schedules B and F. Respond to inquires from accounting, legal re: application of 1st day motions to company actions and payments. Review duplicates and wire history. Update and revise utility analysis for DVP, PEF, Georgia Power, JCP&L, SCE, and SDG&E. Prepare utility analysis for SAWS (City of San Antonio
Hours
08/03/10
RJA
0.40
08/03/10 08/04/10 08/04/10 08/04/10 08/04/10 08/04/10 08/04/10 08/04/10
RJA RJA RJA RJA RJA RJA RJA TBB
0.40 0.50 0.80 1.40 0.60 0.70 0.60 2.80
08/04/10 08/04/10
TBB TBB
3.60 1.20
08/04/10 08/05/10 08/05/10 08/05/10 08/05/10 08/05/10 08/05/10
TBB TBB TBB TBB RJA RJA RJA
0.80 1.80 3.40 1.80 1.20 2.30 2.70
Date
Consultant
Description of Services Water), DTE, and Columbia Gas; update multiple utility motion for adequate assurance deposits. Met with M Winer to discuss contracts in the purchasing office files. Update Access Point utility analysis. Met with B Bachman and T Pancione to discuss payment history report and update payment history with check amount, invoice date, and invoice amount. Met with B Bachman and APLLP team to discuss intercompany transactions, wire payments and debt wires. Met with APLLP team to discuss pre/post check run review. Met with APLLP team to discuss American Hotel Register's AP Open pre-petition detail. Discuss house accounts for Morristown and tip-out transactions with B Bachman and discuss FWB Region bank accounts. Participate on conference call with Bobby and C Bennett with Dimension, B Bachman, and APLLP team to discuss required supporting files. Review management fees. Update and revise utility analysis related to motion from FPL, PEPCO, and Atlantic City Electric. Prepare queries and reports for Morristown 90 day payments and prepare SOFA 25 Pension. Follow up with company and accounting information on open SOFA items - intercompany balances, 3b payments to banks and real estate taxes. Respond to inquires from accounting, legal re: application of 1st day motions to company actions and payments. Prepare queries and reports for SOFA 9 Debt Counsel payments. Prepare queries and reports for Schedule A-1 Real Property and for Schedule B-29 Equipment. Compile property tax disclosures for Schedule E. Compile SOFA 3b - bank sweeps and reconcile to cash forecast.
Hours
08/05/10 08/05/10 08/05/10
RJA RJA RJA
0.50 1.10 1.20
08/05/10 08/06/10 08/06/10 08/06/10
RJA RJA RJA RJA
0.60 0.50 0.70 0.90
08/06/10
RJA
0.70
08/06/10 08/06/10 08/06/10 08/06/10
RJA RJA RJA TBB
0.60 1.90 2.10 3.40
08/06/10 08/08/10 08/08/10 08/09/10 08/09/10
TBB RJA RJA TBB TBB
1.40 2.10 2.30 3.40 3.60
Date 08/09/10 08/09/10 08/09/10 08/09/10 08/09/10 08/10/10
Consultant TBB RJA RJA RJA RJA RJA
Description of Services Respond to utility/commodity provider inquires re: bankruptcy filing and other misc. vendors. Prepare list of payments from Wachovia accounts. Prepare utility analysis for adequate assurance deposit request from Jersey Central Power and Light. Met with APLLP team to discuss SOFA workplan, Ontario and Dimension supporting documentation. Prepare utility analysis for PECO, Georgia Power and revised and update FPL, PEPCO, and JCPL analysis. Review 12 month billing history for PEPCO and revise analysis; review 12 month billing history for Georgia Power and update analysis. Met with APLLP team to discuss banks and LID. Telephone call with C Yee to discuss utility deposits for DVP, SCE, SDG&E, and RE. Telephone call with E Kentoff to discuss contracts and comparison to old list. Review 12 month billing history for SCE and update analysis. Participate on conference call with B Osborne, K Nownes, and E Schwartz to discuss contract update and SOFA and Schedule update. Prepare utility service list in excel and word; email same to C Yee. Review 12 month billing history for JCPL and update analysis. Discuss terms with Office Depot. Respond to utility/commodity provider inquires re: bankruptcy filing. Compile SOFA 3b - import sweeps from credit card funding accounts. Compile Schedule E - identify taxing authority associated with accrued balances. Compile Schedule E - identify taxing authority associated with accrued balances. Attend call with Spring, Inc re: contract terms.
Hours 1.20 1.40 0.80 0.60 3.60 1.40
08/10/10 08/10/10 08/10/10 08/10/10 08/10/10
RJA RJA RJA RJA RJA
0.60 0.40 0.40 1.40 0.70
08/10/10 08/10/10 08/10/10 08/10/10 08/10/10 08/10/10 08/11/10 08/11/10
RJA RJA TBB TBB TBB TBB TBB TBB
1.10 1.00 0.80 1.40 2.40 3.60 2.80 0.60
Date 08/11/10 08/11/10 08/11/10 08/11/10 08/11/10 08/11/10 08/11/10
Consultant TBB TBB TBB RJA RJA RJA RJA
Description of Services Review executory contract compilation from Omni. Respond to inquiries from Island re: pre-petition segregation of invoices. Discuss various schedule G listing questions with Omni and counsel and research. Update utility adequate assurance deposit request for settlement amounts for DVP, FPL, ACE, and PEPCO. Review Dimensions pre-petition AP and payment history of checks. Telephone call with K Nownes with Omni to discuss Schedule A-1, land and building NBV amounts. Review final settlement of utilities adequate assurance deposits and prepare utility summary schedule with settlements and remaining adequate assurance deposit calculations. Prepare utility service list excluding the 16 settled utility vendors for exhibit in motion. Met with B Bachman to discuss Trial Balance as of 6/30/2010. Telephone call with K Nownes to discuss Schedule B-29 detail for exhibit and discuss SOFA and Schedule changes. Prepare Exhibit B-13/B-14 slipsheet and prepare queries and reports for Schedule B-1 Cash accounts. Update and revise queries for SOFA 3b. Prepare queries and reports for Schedule B-30 Inventory. Met with APLLP team to discuss SOFA workplan and status of open items; discuss SOFA 3b and Schedule F-1. Met with B Bachman to discuss AP Open and issues with data. Telephone call with K Nownes and E Schwartz to discuss status of contracts. Prepare queries and reports for Schedule B-3 Deposits. Prepare queries and reports for partial SOFA 3b - JDE payments. Telephone call with K Nownes to discuss contracts.
Hours 1.70 1.80 0.90 2.80 0.90 0.60 1.40
08/11/10 08/12/10 08/12/10 08/12/10 08/12/10 08/13/10 08/13/10 08/13/10 08/13/10 08/13/10 08/13/10 08/13/10
RJA RJA RJA RJA RJA RJA RJA RJA RJA RJA RJA RJA
2.70 1.10 0.50 1.40 0.90 1.10 0.70 0.60 0.50 0.90 1.80 0.40
Date 08/13/10 08/13/10 08/13/10 08/14/10 08/14/10 08/16/10 08/16/10 08/16/10 08/16/10 08/16/10 08/16/10 08/16/10 08/16/10 08/16/10 08/16/10 08/16/10 08/16/10 08/17/10 08/17/10 08/17/10 08/17/10 08/17/10
Consultant RJA RJA RJA RJA RJA RJA RJA RJA RJA RJA RJA RJA RJA RJA TBB TBB TBB TBB TBB TBB TBB TBB
Description of Services Review Access Point utilities deposit request; sent query of additional accounts in request to T Lon with Eric Ryan. Prepare queries and reports for Schedule F-1 and F-2. Review DTE deposit request and prepare allocation for payment deposit breakdown to A Perez. Review first drafts of SOFA and Schedules for Innkeepers USA LP, GP Fixed Lessee and GP Floating Lessee. Review and finalize Schedule F-1 and F-2. Update and revise Access Point utility AA deposit calculations and account analysis. Telephone call with A Perez to discuss AP check run and FEDEX payments. Telephone call with B Bachman to discuss CIT Technology response. Update SOFA 9 with payments to debt counsel. Met with APLLP team to discuss status of SOFA and schedules. Prepare current list of Director and Officers. Upload list of current Directors and Officers list to database. Update Global Advisory Council, Town of Addison, SAWS, Columbia Gas of Kentucky and DTE. Prepare table for former Director and Officers. Review final orders from 8/12 hearing and evaluate impact on vendor/cash management. Review draft of SOFAS - LID 79. Compile open item list from SOFAS and discuss with Omni. Make revisions to SOFA 5, SOFA 8 and D and discuss with Omni. Review initial revisions to top 3 debtor SOFA drafts and discuss with Omni and coordinate formatting changes. Respond to calls and inquiries from utility vendors re: deposits and adequate assurance payments. Review contracts from Schedule G drafts and research on VFR site and make inquiries to company personnel. Discuss adequate assurance deposits with Eric Ryan.
Hours 1.10 2.10 0.50 0.80 0.90 1.50 0.40 0.40 1.70 0.50 2.10 0.80 1.20 1.60 1.80 3.20 2.80 2.40 2.60 2.20 3.00 0.60
Date 08/17/10 08/17/10 08/17/10 08/17/10 08/17/10 08/17/10 08/17/10 08/17/10 08/17/10 08/17/10 08/17/10 08/17/10 08/17/10 08/18/10 08/18/10 08/18/10
Consultant RJA RJA RJA RJA RJA RJA RJA RJA RJA RJA RJA RJA RJA RJA RJA RJA
Description of Services Prepare queries and reports for SOFA 21 Current Officers and Directors. Prepare queries and reports for SOFA 22 Former Officers and Directors. Prepare queries and reports for Schedule B-16 Accounts Receivable. Prepare queries and reports for Schedule B-35 Other Assets. Prepare queries and reports for Schedule B-18 Tax Refund. Met with E Kentoff to discuss contracts and Director/Officer lists. Met with B Osborne to discuss B-29 descriptions. Prepare utility analysis for adequate assurance deposit request from AEP. Met with B Osborne to discuss Schedule H, F, B-29 cleanup and discuss SOFA 3c verbiage. Telephone call with A Perez to discus allocation of multiple settlement motions deposits. Prepare queries and reports for SOFA 14 Property Held for Another. Prepare queries and reports for SOFA 20 Inventory. Met with APLLP team to discuss SOFA 5 and SOFA 8 disclosures. Telephone call with B Bachman to discuss franchise fees and June payments to franchises. Telephone call with APLLP team to discuss intercompany transactions. Participate on conference call with B Osborne and K Nownes to discuss status of SOFA and Schedule preparation. Update utility analysis for adequate assurance deposit request from Atmos Energy due to settlement. Update utility analysis for adequate assurance deposit request from Access Point due to settlement. Prepare utility analysis for adequate assurance deposit request from NStar.
Hours 0.80 1.20 0.90 1.10 0.90 0.50 0.60 0.90 0.60 0.40 1.10 1.20 0.60 0.50 0.50 0.70
08/18/10 08/18/10 08/18/10
RJA RJA RJA
0.80 0.70 0.90
Date 08/18/10 08/18/10 08/18/10 08/18/10 08/18/10 08/18/10 08/18/10 08/19/10 08/19/10 08/19/10
Consultant RJA KJB KJB TBB TBB TBB TBB KJB RJA RJA
Description of Services Met with B Osborne to discuss cover page and global notes. Reviewed Schedule G's and supporting information. Completed draft of schedule summary's for senior management meeting. Review drafts of SOFAS and provide feedback to Omni. Research open items for SOFA 3b and Schedule E. Research inquiries from certain vendors and phone calls with utility vendors. Review schedule G, research contracts on IVR site and discuss treatment of contracts with Omni. Reviewed Schedule G's and supporting contracts. Prepare queries and reports for Sched F-5 Franchise Fees. Prepare queries and reports for Sched B-35 PIPs and Prepaid Insurance in summary format and prepare queries and reports for Prepaid Other. Met with R Pollack to discuss Prepaid Workers Compensation. Telephone call with APLLP team to discuss Ontario prepetition data request. Prepare queries and reports for SOFA 3b Wires from Suntrust Bank 2847. Prepare queries and reports for SOFA 10 Other transfers. Telephone call with A Perez to discuss payments to Bottomline and noticing of vendor of the bankruptcy. Met with B Osborne to discuss UCC listing in Schedule D and telephone call with K Nownes to discuss sharing agreement and listing under Schedule G. Telephone call with APLLP team to discuss UCC listing, Sharing agreement, and status of SOFA and schedules. Met with A Perez to discuss wire transactions and missing detail on certain transactions. Update and revise queries and reports for SOFA 3b Wire debit payments. Prepare queries and reports for Sched B-2 Bank/Checking Accounts.
Hours 0.50 3.60 1.50 3.20 1.80 2.20 2.40 4.90 3.10 2.90
08/19/10 08/19/10 08/19/10 08/20/10 08/20/10 08/20/10
RJA RJA RJA RJA RJA RJA
0.40 0.40 2.60 0.90 0.40 0.60
08/20/10 08/20/10 08/20/10 08/20/10
RJA RJA RJA RJA
0.70 0.90 1.10 2.90
Date 08/20/10 08/20/10 08/20/10 08/20/10 08/20/10 08/21/10 08/22/10
Consultant RJA KJB KJB TBB TBB TBB RJA
Description of Services Update and revise queries and reports for Sched B-2 Bank/Checking Accounts. Reviewed Schedule Gs and supporting contracts. Created summary of schedules for review with senior management. Review schedule G, research contracts on IVR site and discuss treatment of contracts with Omni. Review drafts of SOFAS and provide feedback to Omni. Review drafts of SOFAS and provide feedback to Omni. Update and revise queries and reports for Sched B-2 Bank/Checking Accounts and research bank account discrepancies to GL mapping. Met with B Osborne to discuss review strategy for SOFA and Schedules. Met with L Price to discuss restricted cash accounts and tax refunds in the tax receivable accounts. Met with B Bachman to discuss bank accounts. Telephone call with APLLP team to discuss Schedule G for third review and status of SOFA and Schedules. Telephone call with L Price to discuss KPA and Innkeepers bank accounts. Met with B Osborne to discuss review of 9 SOFA and Schedules and discuss generation of 9 SOFA and Schedules for review. Met with APLLP team to discuss Schedules summary report. Prepare queries and reports for SOFA 24 Tax Consolidation. Prepare queries and reports for SOFA 3b ACH Wires. Review drafts of SOFAS and provide comments to staff. Updated summary schedules and compared summary schedules to trial balance information. Reviewed contract data base and identified adjustments. Updated schedule summary document. Prepare for and attend SOFAS review session with working group. Review drafts of SOFAS and provide comments to staff.
Hours 2.10 5.90 2.10 3.20 3.80 4.00 2.40
08/23/10 08/23/10 08/23/10 08/23/10 08/23/10 08/23/10
0.90 0.60 0.80 0.60 0.50 1.40
08/23/10 08/23/10 08/23/10 08/23/10 08/23/10 08/23/10 08/24/10 08/24/10 08/24/10
RJA RJA RJA TBB KJB KJB KJB TBB TBB
0.60 1.70 2.10 1.80 1.90 0.80 0.90 2.20 1.60
Date 08/24/10 08/24/10 08/24/10 08/24/10 08/24/10 08/24/10 08/24/10 08/24/10 08/24/10 08/24/10 08/24/10 08/24/10 08/24/10
Consultant TBB TBB RJA RJA RJA RJA RJA RJA RJA RJA RJA RJA RJA
Description of Services Communicate and coordinate SOFAS changes with Omni. Research SOFA 3B, SOFA 5 disclosures and update drafts with Omni. Met with APLLP team to discuss summary schedule, Top Vendors, SOFA 3b and SOFA 3c. Met with B Osborne to discuss status of edits to SOFAs and Schedules. Participate on conference call with APLLP team, B Osborne, and K Nownes to review draft of 9 SOFA and Schedules. Telephone call with L Price to discuss restricted cash reconciliations and supporting documentation. Review SOFA 3b for inclusion of wire payments to T Walker and M Murphy and discuss same with L Price. Telephone call with B Bachman to discuss bank accounts and SOFA 3b ACH Wire activity. Update and revise queries and reports for SOFA 3b ACH Wires. Met with L Price to discuss bank accounts and trial balance with N/A designations. Met with APLLP team to discuss trial balance with N/A designation. Prepare queries and reports for Sched B-2 Restricted Cash Accounts. Revise and update queries and reports for SOFA 3b payments to creditors for JDE payments due to duplicate entries and verified and confirmed sum checks. Telephone call with L Price to discuss Tax Appeal and Schedule B-21 Contingent and Unliquidated claims and discuss same with APLLP team. Update Sched B-2 Restricted Cash for Suntrust Fixed and Floating balances as of 7/19/2010. Prepare queries and reports for Sched B-21 Contingent and Unliquidated claims. Prepare queries and reports for SOFA 3b Ontario payments. Met with E Kentoff to discuss review of SOFA and Schedules and discuss account numbers and ABA routing
Hours 2.40 2.80 0.50 0.60 0.80 0.40 1.30 0.60 1.90 0.70 0.40 2.90 2.10
08/25/10
RJA
1.30
08/25/10 08/25/10 08/25/10 08/25/10
RJA RJA RJA RJA
1.90 2.10 2.20 0.50
Date 08/25/10 08/25/10 08/25/10 08/25/10 08/25/10 08/25/10 08/25/10 08/25/10 08/26/10 08/26/10 08/26/10 08/26/10 08/26/10 08/26/10
Consultant RJA RJA RJA RJA TBB TBB TBB TBB TBB TBB KJB RJA RJA RJA
Description of Services numbers. Telephone call with C Staples to discuss Fixed and Floating accounts and discuss restricted bank accounts. Telephone call with B Bachman to discuss Fixed and Floating accounts and discuss pre/post AP Open. Prepare queries and reports for Sched F-1 Dimension AP Open. Prepare queries and reports for Sched F-2 Ontario AP Open. Review K&E comments on SOFAS and discuss with counsel and Omni. Review drafts of SOFAS and provide comments to Omni. Communicate and review SOFAS changes with Omni. Research SOFA 3B, SOFA 21, Schedule G and open items and update drafts. Review updates to SOFAS and discuss with counsel/Omni. Discussions with Eric Ryan re: utility vendors. Review of Ontario Hilton contracts for Schedule G. Revise Schedule F-1 and F-2 with new pre-petition AP Open data. Telephone call with C Stables to discuss Schedule B-2 addition to open items. Update and revise SOFA 21 Current Directors and Officers for Innkeepers USA LP with owners of less than 5% ownership. Telephone call with K Nownes to discuss status of SOFA and Schedule updates. Update and revise queries and reports for Sched F-1 and F-2 AP Open. Review bank account reconciliations for Suntrust 2839 missing transactions and wire activity. Review missing vendors and add to creditor matrix for SOFA 3b Ontario. Telephone call with B Bachman to discuss Suntrust 2847 and property management fee payments as bank transfers which were not in Wire or ACH detail and discuss guest
Hours 0.40 1.10 0.90 0.80 2.20 3.20 1.40 2.20 2.20 0.80 1.40 2.60 0.50 1.60
08/26/10 08/26/10 08/26/10 08/26/10 08/27/10
RJA RJA RJA RJA RJA
0.50 1.60 1.20 1.30 0.50
Date 08/27/10 08/27/10 08/27/10 08/27/10 08/27/10
Description of Services refunds which will be voided and not paid. Update SOFA 18a organization chart with revisions to Raleigh Lessee. Update and revise Sched B-13/B-14 exhibit with Raleigh Lessee changes and prepare slipsheet. Update and revise Sched B-3 Security Deposit additions. Update and revise SOFA 18a Organization chart for Innkeepers USA due to property roll-up prior to 7/1/2007. Update and revise SOFA 18a Organization chart for Innkeepers USA due to property roll-up prior to 7/1/2007 and research formation dates and tax ids. Review comments from counsel on SOFAS and discuss changes with Omni. Review draft of SOFA and schedules and determine review process. Review Schedule H matrix and presentation of debt realignment. Review drafts of SOFA and Schedules for LID 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, and 11. Download drafts of SOFA and Schedules for LIDs 12-45. Review drafts of SOFA and Schedules for LID 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, and 24. Review drafts of SOFA and Schedules for LID 26, 27, 28, 29, 31, and 32. Review drafts of SOFA and Schedules for LID 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 24, 25, and 30. Telephone call with E Kentoff to discuss Sched B-13/B-14 exhibit and tax ids and discuss closing documents on 9/10/2009 for Columbus. Telephone call with L Price to discuss SOFA 19d list of financial institutes that financial statements were given. Prepare Open items list and copies of page changes and email same to K Nownes. Prepare utility deposit request to A Perez for Atmos Energy. Revise SOFA 18a organization chart additions to LID 79 Innkeepers USA, LP.
Hours 0.90 0.70 1.10 2.90 2.40
08/27/10 08/28/10 08/28/10 08/29/10 08/29/10 08/29/10 08/29/10 08/30/10 08/30/10
TBB RJA RJA RJA RJA RJA RJA RJA RJA
3.20 0.80 0.50 3.10 1.30 1.90 2.10 3.10 0.60
08/30/10 08/30/10 08/30/10 08/30/10
RJA RJA RJA RJA
0.50 2.30 1.10 2.70
Date 08/30/10 08/30/10 08/30/10 08/30/10 08/31/10 08/31/10
Consultant TBB TBB TBB TBB TBB RJA
Description of Services Attend call with counsel and company re: debt disclosures in SOFAS. Review K&E comments on SOFAS. Review of KPA entity SOFAS drafts and provide comments to Omni. Review revised drafts and provide feedback to Omni. Research 19d and 3b responses and coordinate with Omni. Discuss Washington DC ground lease with Innkeepers USA LP and prepare move of building to leasehold improvements and to B-29. Review K&E comments on SOFAS. Telephone call with B Bachman to discuss Island payments and Automatic Debit Transfer validations. Telephone call with APLLP team to discuss Bank accounts and automatic debit transfers. Review changes to SOFA and Schedule open item request. Telephone call with APLLP team to discuss detail on the restricted cash accounts. Telephone call with C Staples to discuss cash reconciliation for account 2847 Suntrust. Met with APLLP team to discuss SOFA and Schedule status; Prepare analysis between limitation change on SOFA 3b to $5,850 from $5,475. Prepare list of checks in SOFA 3b with amounts of zero dollar amounts. Update utility analysis for adequate assurance deposit request from PG&E. Update restricted cash balance due to information provided by S Frey and update Schedule B-2 and review SOFA 5. Total Hours
Hours 0.80 1.30 1.80 1.90 1.60 1.00
08/31/10 08/31/10 08/31/10 08/31/10 08/31/10 08/31/10 08/31/10 08/31/10 08/31/10 08/31/10 08/31/10
TBB RJA RJA RJA RJA RJA RJA RJA RJA RJA RJA
1.20 0.50 0.50 1.80 0.50 0.50 0.40 1.70 1.60 1.30 2.10 367.00
Fee Recap: Consultant Todd Brents Kurt J Beckeman Raymond J Adams Total Hours & Fees Hours 137.80 23.00 206.20 367.00 Rate 760.00 620.00 580.00 Amount 104,728.00 14,260.00 119,596.00 238,584.00
Date 08/02/10 08/02/10 08/02/10 08/02/10 08/02/10
Consultant KJB KJB KJB KJB RJA
Description of Services Prepared for and met with VP accounting to review open information requests. Developed creditor information tracking database. Reconciled bank detail to change in cash and support for weekly cash model for w/e 7/30/10. Completed data information request tracking form for Island management company. Met with M Murphy, M Beilinson, and B Martin to discuss Marriott bid and logistic and warehouse budget; discuss Troy Central and Inventory from J Hardy and discuss Benjamin West and Higgins FF&E bids. Prepare comparison to budget for Benjamin West and Higgins to PIP DIP budget. Met with M Beilinson to discuss Higgins comparison to prepare Higgins comparison to PIP DIP budget. Prepare PIP DIP budget comparison to Benjamin West bid. Update and revise PIP DIP budget comparison between Higgins and Benjamin West. Review San Diego PIP and PIP matrix. Participate on conference call with FTI, M Beilinson, and C Engelhardt to discuss PIP DIP budget and review Higgins and Benjamin West comparison to PIP DIP budget. Participate on conference call with Benjamin West representatives to discuss bid and matrix for bids. Completed updated version of unencumbered cash analysis. Prepared draft Creditor Information Tracking tool and updated tracking for items already supplied to creditors and advisors. Prepared for and met with Senior Management team to discuss unencumbered cash analysis and open information request list. Analyzed check disbursement report and supporting information for accuracy and completeness. Updated draft flash report for latest information and assumptions. Follow-up on open information requests for creditors.
Hours 1.20 2.60 3.90 0.40 1.30
08/02/10 08/02/10 08/02/10 08/03/10 08/03/10 08/03/10
2.20 0.70 1.90 2.50 1.90 0.70
08/03/10 08/03/10 08/03/10
RJA KJB KJB
0.40 2.30 3.20
08/03/10
KJB
1.20
08/03/10 08/03/10 08/04/10
KJB KJB KJB
2.10 1.80 1.90
Date 08/04/10 08/04/10 08/04/10 08/04/10 08/04/10 08/04/10
Consultant KJB KJB KJB RJA RJA RJA
Description of Services Updated weekly cash flow analysis and forecast. Developed debt pool entity identification tool to spread disbursements by debt pool and validated analysis. Prepared for and met with Island accounting staff to review open data requests and timing of delivery. Revised Benjamin West bid comparison to PIP DIP budget. Met with M Beilinson to discuss new BW bid vs. PIP DIP budget and review Portland including corridors. Met with E Chung to discuss Benjamin West bid and Higgins request to adjust bid for an apples to apples comparison; determined plumbing excluded from BW bid and added corridors in comparison. Review Benjamin West bid on per key basis and email query on Portland/Scarborough difference. Prepared for and attended meeting with senior management to review draft of flash report and open information requests. Updated cash flow analysis based on additional information related to payroll, wires and ach debits. Update creditor information tracking tool to reflect additional information requests and information delivered to creditors. Completed analysis of revenue by hotel/pool to calculate allocation of expenses for draft flash report. Reviewed check disbursements and researched questionable items. Prepared for and attended conference call with Fort Walton Beach team to discuss information requests. Updated unencumbered cash analysis for new information and management comments. Completed draft of revised cash flow forecast and variance reports. Met with M Beilinson to discuss Labor quotes for Iroc rates to budget quotes. Telephone call with E Chung to discuss latest update from Monday's meeting. Update PIP DIP comparison report against BW and Higgins.
Hours 3.40 3.90 0.70 1.40 0.60 2.10
08/04/10 08/05/10 08/05/10 08/05/10
RJA KJB KJB KJB
1.70 1.60 3.90 1.10
08/05/10 08/06/10 08/06/10 08/06/10 08/06/10 08/06/10 08/06/10 08/06/10
KJB KJB KJB KJB KJB RJA RJA RJA
3.40 2.80 0.90 0.80 3.70 0.90 0.50 1.40
Date 08/09/10 08/09/10
Consultant RJA RJA
Description of Services Update PIP DIP budget comparison to Marriott PIP Bid and update FF&E adjustments analysis by property and amounts. Met with M Murphy and M Beilinson to discuss Marriott bid comparison to BW and Higgins; discuss exclusion of Drapery and Granite; discuss inclusion of taxes, freight and warehousing; established meeting to discuss same with B Martin, E Chung, and C Engelhardt. Met with E Chung to discuss Marriott bid. Met with C Engelhardt to discuss bid comparison. Met with L Price, C Engelhardt, M Beilinson, M Murphy, B Martin, and APLLP team to discuss tracking costs and comparing to budget vs. actual vs. forecast by expense group; discuss change orders and out of scope work; discuss labor rates, exterior, and list of bidders. Prepare cheat sheet on exterior. Met with C Biegenzahn to discuss BW and Higgins bid. Reviewed weekly disbursement file and identified and correct errors in data. Updated 13 week model to reflect new week of activity. Updated bank activity analysis for current week activity. Updated cash model for actual cash activity for the w/e 8/6. Completed cash activity analysis for various bank accounts and identified transactions requiring additional follow-up and support. Completed revised draft of flash report based on additional information and management comments. Follow-on open items related to actual cash activity. Update and revise Higgins Innkeepers Master Budget version 2. Participate in discussions re: Marriott project bid with Lehman and Apollo counsel; discuss FF&E and transportation costs; discuss Exterior and Labor prices. Participate on conference call with Angela and C Engelhardt to discuss Marriott's bid and prepare list of questions. Review Denver downtown PIP and email same to S Frey. Met with C Engelhardt to discuss Labor bids.
Hours 2.10 1.60
08/09/10 08/09/10 08/09/10
RJA RJA RJA
0.50 0.60 1.60
08/09/10 08/09/10 08/09/10 08/09/10 08/09/10 08/10/10 08/10/10
RJA RJA KJB KJB KJB KJB KJB
0.70 0.60 3.60 3.90 1.10 4.20 3.40
08/10/10 08/10/10 08/10/10 08/10/10
KJB KJB RJA RJA
1.20 0.90 2.30 1.10
08/10/10 08/10/10 08/11/10
RJA RJA RJA
0.80 0.40 0.60
Date 08/11/10 08/11/10 08/11/10 08/11/10 08/11/10 08/11/10 08/12/10 08/12/10 08/12/10 08/12/10 08/12/10 08/12/10 08/12/10
Consultant RJA RJA KJB KJB KJB KJB KJB KJB KJB KJB KJB RJA RJA
Description of Services Met with C Engelhardt to discus Herb Cummings estimates on Labor. Telephone call with H Cummings and C Engelhardt to discuss Labor estimates and rates. Completed analysis of real estate taxes for remainder of 2010. Follow-up on open issues related to cash flows for the w/e 8/6. Completed various information requests for creditors advisors. Updated weekly cash flow model for variance analysis and researched differences from prior models. Prepared revised 13-week cash flow forecast and variance analysis. Completed creditor information requests. Updated actual cash results for new allocation information. Follow-up on Fort Walton Beach information and variance question. Reviewed check disbursement file and support. Met with C Engelhardt to discuss Marriott project bids and Labor bids and update analysis for both FF&E and Labor. Telephone call with E Chung to discuss Sili I and number of building; update H Cummings bid to reflect adjustment for estimated labor calculations; review budget detail amounts. Telephone call with M Murphy, M Beilinson, and C Engelhardt to discuss inclusion and pricing assumptions. Update and revise Higgins bid comparison and update and revise BW to Higgins Budget comparison. Met with C Engelhardt to discuss BW and Higgins comparison and discuss warehouse and inventory trips. Review PIP comparison and met with M Beilinson to discuss PIP comparison, Labor, Exterior, and Corridors. Reviewed Fort Walton Beach information and followed up with questions. Updated weekly cash model and support based on new information.
Hours 0.50 0.80 3.40 2.60 1.20 2.60 3.50 1.10 2.80 0.90 0.70 2.50 1.90
08/12/10 08/12/10 08/13/10 08/13/10 08/13/10 08/13/10
RJA RJA RJA RJA KJB KJB
1.20 3.10 0.60 0.80 1.90 2.10
Date 08/13/10 08/13/10 08/15/10 08/15/10 08/16/10
Consultant KJB KJB RJA RJA RJA
Description of Services Reviewed weekly check run for approval. Completed information requests for Fixed Pool advisors. Update and revise BW comparison to PIP DIP budget. Prepare Herb Cummings Labor estimates comparison to PIP DIP budget. Participate on conference call with M Beilinson, C Engelhardt, E Kentoff, B Martin, and APLLP team to discuss Benjamin West bid comparison and strategy for budget revisions; discuss adjustments. Met with M Murphy to discuss DIP PIP budget comparison. Completed actual activity reconciliation and supporting schedules. Updated weekly flash report for actual activity including allocation of spend by pool. Update PIP DIP budget comparison to BW and Herb Cummings without any adjustments baked in. Met with APLLP team to discuss adjustments to PIP DIP budget and discuss adjustments to gatehouse labor. Telephone call with APLLP team to discuss PIP DIP budget and Sili II ADA tubs in surround which is included in H Cummings bid. Updated weekly cash flow forecast with revised estimates and actual results. Completed weekly actual's analysis and supporting schedules. Completed weekly analysis of cash flows vs prior budget. Researched sales detail to understand other revenue assumptions and performance. Met with company staff to understand real estate tax assumptions. Update PIP DIP comparison to BW and Herb Cummings Labor Estimates. Telephone call with B Martin to discuss Budget revisions and Herb Cummings estimates. Participate on conference call with M Beilinson, M Murphy, C Engelhardt, B Martin, E Chung, and APLLP team to
Hours 0.90 1.10 1.80 1.70 0.80
08/16/10 08/16/10 08/16/10 08/17/10 08/17/10 08/17/10
RJA KJB KJB RJA RJA RJA
0.50 4.80 4.40 1.60 0.50 0.40
08/17/10 08/17/10 08/17/10 08/17/10 08/17/10 08/18/10 08/18/10 08/18/10
KJB KJB KJB KJB KJB RJA RJA RJA
2.80 2.70 1.70 1.90 0.80 2.40 0.40 1.40
Date
Consultant
Description of Services discuss Benjamin West bid comparison and Herb Cummings Labor Estimate comparison to budget revisions and discuss adjustments. Participate on conference call with attorneys from Lehman and Apollo, M Beilinson and APLLP team to discuss PIP DIP budget and bids. Reviewed detailed payroll reports to allocate payroll spending by pool. Completed real estate tax analysis related to pre/post payment. Research weekly cash information to allocate insurance and taxes by pool. Met with APLLP team to discuss Job Costing Report format. Reviewed supporting tax schedules and updated 13 week model based on updated information. Prepare PIP Flash Report with job costing by property. Participate in meeting with M Beilinson, M Murphy, C Engelhardt, B Martin, C Biegenzahn, E Chung, and APLLP team to discuss PIP process, issues/challenges, and reporting requirements and discuss other non-Marriott properties. Updated weekly cash model with actual results. Created draft of monthly true up report. Updated draft flash report for August 1-15. Research weekly payments to understand proper allocation by debt pool. Reviewed real estate tax assumptions with company staff. Updated August 1-15 flash reports to reflect latest payment detail and allocation assumptions. Updated Application Report and supporting information. Reviewed Fort Walton Beach information and updated weekly model and supporting schedules. Updated reporting matrix to link weekly cash reporting to the income statement format. Completed payroll analysis for July and August pay periods to allow for allocation by debt pool.
Hours
08/18/10
RJA
1.30
08/18/10 08/18/10 08/18/10 08/19/10 08/19/10 08/22/10 08/23/10
KJB KJB KJB RJA KJB RJA RJA
2.50 2.40 2.10 0.40 3.10 3.10 3.10
08/23/10 08/23/10 08/23/10 08/24/10 08/24/10 08/24/10 08/24/10 08/24/10 08/24/10 08/25/10
KJB KJB KJB KJB KJB KJB KJB KJB KJB KJB
4.10 1.90 1.30 2.90 1.60 1.40 1.90 1.10 0.90 3.80
Date 08/25/10 08/25/10 08/25/10 08/26/10
Consultant KJB KJB RJA RJA
Description of Services Completed revised real estate tax forecast for 13 week model. Developed actual sales reporting tool by hotel and revenue type. Met with C Engelhardt to discuss Fixed PIP DIP budget. Participate in meeting to discuss Benjamin West ordering process and funding requests and discuss review of the control disbursement agreement. Participate on conference call to discuss structure and set-up of dataroom site to manage the PIP DIP funding requests. Updated reporting slide to be used in court filing. Prepared for and attended meeting with senior management to review draft cash reporting documents to be distributed to creditors. Revised cash reporting and forecast based on additional information from senior management discussions. Prepared 13 week cash forecast draft including supporting documents and schedules. Updated application report to reflect workers compensation allocation and detail. Reviewed analysis of floating cash flow estimate. Reviewed weekly check run and discussed with staff. Finalized professional fee budget and payment assumptions. Developed final draft of Application Report including expense reserve assumptions. Follow-up on disbursement allocation information and support. Finalized draft of Flash Report including revenue for August 1-15, 2010. Participate on conference call to discuss funding request with C Dochat with FTI, M Beilinson, C Engelhardt, and APLLP team and discuss Benjamin West lump sum pricing. Met with M Oblaczynski to discuss Eroom requirements and discuss file structure and process. Reconcile bank activity to detailed bank information and supporting detail.
Hours 2.70 2.90 0.60 1.90
08/26/10 08/26/10 08/26/10
RJA KJB KJB
0.40 0.90 1.60
08/26/10 08/26/10 08/26/10 08/26/10 08/27/10 08/27/10 08/27/10 08/27/10 08/27/10 08/27/10
KJB KJB KJB KJB KJB KJB KJB KJB KJB RJA
2.40 2.90 0.90 0.80 2.00 1.30 2.60 1.10 0.90 0.80
08/27/10 08/30/10
RJA KJB
0.90 2.40
Date 08/30/10 08/30/10 08/30/10 08/30/10 08/30/10 08/31/10 08/31/10 08/31/10 08/31/10 08/31/10 08/31/10
Consultant KJB KJB KJB KJB KJB RJA KJB KJB KJB KJB KJB
Description of Services Research disbursement information to classify disbursement correctly. Updated cash forecast for current week actuals and refresh of prior week activity. Finalize August 1-15 Flash report. Finalize July Application report. Update 13 Week model for presentation to creditors and court. Met with E Chung and C Engelhardt to discuss granite pricing and inclusion of sales tax and freight. Updated cash forecast to reflect latest assumptions and actual information. Researched WE 8/28 disbursements for proper classification and detail. Updated cash forecast for CFO comments. Reviewed property tax information and timing of 2010/2011 payments. Updated supporting packages for July Application report to reflect final results. Total Hours
Hours 2.30 1.20 0.40 0.30 2.40 0.60 3.20 2.80 1.10 1.20 1.30 250.70
Fee Recap: Consultant Kurt J Beckeman Raymond J Adams Total Hours & Fees Hours 181.60 69.10 250.70 Rate 620.00 580.00 Amount 112,592.00 40,078.00 152,670.00
Chicago Dallas Detroit Dubai Dsseldorf London Los Angeles Milan Munich New York Paris San Francisco Shanghai Tokyo Washington, DC
October 20, 2010 Innkeepers USA Trust Mark Murphy, General Counsel 340 Royal Poinciana Way, Suite 306 Palm Beach, FL 33480-4094 Client: 006340 Inv. No.: 2028223 For Professional Services: September 1, 2010 through September 30, 2010
Current Charges: Carole Grayson Raymond J Adams Kurt J Beckeman Nathan Cook Todd Brents Total Hours & Fees Interim CFO Adjustment Subtotal Expenses Total Amount Due Analyst Director Director Managing Director Managing Director
Hours 3.00 217.10 178.10 196.40 137.60 732.20
Rate 225.00 580.00 620.00 710.00 760.00
Amount 675.00 125,918.00 110,422.00 139,444.00 104,576.00 481,035.00 (39,444.00) 441,591.00 25,879.87
USD
467,470.87
Please reference the invoice number noted above on any payment remittance. Thank You. Send check remittance to: AP Services LLC P.O. Box 5838 Carol Stream, IL 60197-5838 If Remitting in USD: Account Name: AP Services LLC Account Number: 004-62643 Bank Name: Deutsche Bank ABA: 021-001-033 If Remitting in any other Currency: Account Name: AP Services LLC IBAN: GB56 DEUT 4050 8189 012611 Bank Name: Deutsche Bank AG London SWIFT: DEUTGB2LXXX
Amount 100,000.00 169,044.00 172,547.00 441,591.00 Amount 13,150.05 739.89 6,278.93 2,134.80 983.79 2,592.41 25,879.87
Cab Fare/Ground Transportation Lodging Meals & Tips Parking & Tolls Rental Car Total Disbursements
Date 09/01/10 09/01/10 09/01/10 09/01/10 09/01/10 09/02/10 09/02/10 09/02/10 09/02/10 09/02/10 09/02/10 09/03/10 09/03/10 09/03/10 09/03/10 09/03/10 09/07/10 09/07/10 09/07/10 09/07/10 09/07/10 09/07/10
Description of Services Attended court hearing related to cash collateral order. Attended court hearing for Marc Beilinson direct examination related to Plan Support Agreement. Attended court hearing for Marc Beilinson cross examination related to Plan Support Agreement. Attended court hearing to hear closing arguments. Reviewed cash reporting provided to the lender Representatives. Preparation for and call with Five Mile and FTI to discuss DIP budget. Prepared for and met with Kirkland & Ellis and Moelis to discuss status, open items, and next steps. Reviewed Five Mile DIP Budget bridge and related support. Reviewed and approved open POs and A/P Workflow items in JD Edwards. Reviewed updated 13-week cash forecast and related support. Preparation for and call with Susanne Frey of Lehman to discuss DIP closing and bank account issues. Reviewed 2015 report and related support. Reviewed updated schedules to Five Mile DIP Budget. Reviewed and updated Five Mile DIP draw request template and provided to FTI. Reviewed proposed check run and related support. Reviewed open POs and A/P workflow items in JD Edwards. Preparation for and call with Five Mile to discuss open items in DIP loan agreement. Reviewed revised 2015 report and related support. Reviewed PIP DIP accounting job and cost code structure. Reviewed revised Five Mile DIP schedules. Reviewed revised Five Mile DIP Control Disbursement Agreement and open issues. Reviewed analysis of Five Mile DIP budget and labor estimates provided by Herb Cummings.
Hours 2.20 2.10 3.80 1.60 1.80 0.90 1.90 1.80 1.40 1.60 0.40 2.30 1.40 1.70 1.80 1.30 1.20 0.80 1.10 0.60 1.40 1.70
Date 09/07/10 09/07/10 09/08/10 09/08/10 09/08/10 09/08/10 09/08/10 09/08/10 09/08/10 09/08/10 09/09/10
Consultant NC NC NC NC NC NC NC NC NC NC NC
Description of Services Reviewed and discussed Committee discovery requests. Reviewed updated 13-week cash forecast and related support. Preparation for and meeting to discuss 2011 Budgeting process, responsibilities, timeline, and next steps. Prepared for and met with Linda Price to discuss tax settlement issues. Reviewed open issues related to the Five Mile DIP. Reviewed estimators information related to PIPs. Reviewed and approved open POs and A/P workflow items in JD Edwards. Reviewed cash issues and proposed disbursements. Reviewed and discussed PIP DIP accounting structure, funding process, POs, and PIP flash reports. Reviewed draft Flash Report and related support. Preparation for and call with Lehman and Lazard to discuss questions related to cash forecast, flash report, and application report. Preparation for and call with Kirkland & Ellis to discuss Committee discovery requests. Reviewed and discussed PIP process status. Reviewed proposed check run and related support. Reviewed issues and status related to data site conversion. Reviewed invoices submitted by professionals and related support. Preparation for and call with Kirkland & Ellis to discuss 341 Meeting. Preparation and review related to upcoming 341 meeting. Reviewed and edited July 2010 Management Reporting Package. Reviewed status of tax appeals and related issues. Reviewed updated draft of Flash Report and related support. Reviewed updated drafts of Flash Report and related support, and meetings with team on the same.
Hours 1.30 1.40 1.80 0.70 0.80 0.80 1.60 0.70 2.30 1.30 0.80
09/09/10 09/09/10 09/09/10 09/09/10 09/09/10 09/10/10 09/10/10 09/10/10 09/10/10 09/10/10 09/13/10
NC NC NC NC NC NC NC NC NC NC NC
0.90 1.20 1.80 0.80 1.50 0.70 3.60 2.30 0.60 0.80 1.50
Date 09/13/10 09/13/10 09/13/10
Consultant NC NC NC
Description of Services Preparation for and call with Kirkland & Ellis to discuss 341 meeting. Preparation and review for upcoming 341 meeting. Preparation for and call with Moelis and Kirkland & Ellis to discuss 2010 re-forecast and 2011 budgeting process, timeline, and responsibilities. Review and discussion related to vendor payment issues. Reviewed open POs and A/P workflow items in JD Edwards. Attended 341 meeting. Preparation and review for 341 meeting. Reviewed updated drafts of Flash Report and related support, and discussions related to the same. Preparation for and meeting with Five Mile, Moelis, and Kirkland & Ellis. Preparation for and meeting with Lehman, Lazard, Dechert, Moelis and Kirkland & Ellis. Reviewed open vendor issues and related discussion. Preparation for and call with Arnold & Porter and Kirkland & Ellis related to Five Mile DIP Control Disbursement Agreement. Preparation for and call with Kirkland & Ellis and Moelis to discuss data site conversion, timing, and related requirements. Preparation for and call with Kirkland & Ellis to discuss Ontario Hilton and related reporting. Preparation for and call with Margi Davis Audit Logistics and Eric Kentoff to discuss terms and pre-funding requirements. Preparation for and call with FTI to discuss Schedules and SOFAs. Reviewed status of open items related to the Five Mile DIP. Reviewed status of open items related to the Lehman DIP. Reviewed and initiated excess cash distributions to the various lender representatives.
Hours 0.80 3.20 1.30
09/13/10 09/13/10 09/14/10 09/14/10 09/14/10 09/14/10 09/14/10 09/14/10 09/15/10
NC NC NC NC NC NC NC NC NC
0.60 1.60 0.20 2.30 1.30 1.20 0.80 1.20 0.80
09/15/10
NC
0.70
09/15/10 09/15/10
NC NC
0.90 0.60
09/15/10 09/15/10 09/15/10 09/15/10
NC NC NC NC
0.80 0.50 0.50 1.80
Date 09/15/10 09/15/10 09/16/10
Consultant NC NC NC
Description of Services Reviewed reconciliation prepared with respect to Lehman draw #15, and related discussion. Reviewed proposed disbursements and related support. Preparation for and internal call to discuss invoice processing procedures for capital expenditures, PIPs, and Funding Requests. Reviewed revised 13-week cash forecast and related support. Reviewed updated reconciliation and support related to Lehman draw #15. Preparation for and call with Kirkland & Ellis related to Lehman draw #15. Preparation for and call with FTI related to status of GC bids. Reviewed preliminary FF&E budgets for Phase 1 PIPs. Reviewed historical capital expenditure summary prepared by staff. Internal discussions related to vendor deposit requests. Reviewed draft board presentation prepared by Moelis. Review and discussion related to Site Inspection Schedule. Reviewed open POs and A/P workflow items in JD Edwards. Follow-up activities related to open Five Mile diligence questions. Prepared for and attended Innkeepers independent Board meeting. Review and release of proposed wire payments. Reviewed documents uploaded into Merrill data site. Discussions related to potential unencumbered cash balances. Activities related to setting up new bank account. Drafted email to go to constituents re: unencumbered cash balance. Reviewed updated 13-week cash forecast and related support. Prepared for and attended Innkeepers Board meeting.
Hours 1.40 1.50 1.20
09/16/10 09/16/10 09/17/10 09/17/10 09/17/10 09/17/10 09/17/10 09/17/10 09/17/10 09/17/10 09/17/10 09/20/10 09/20/10 09/20/10 09/20/10 09/20/10 09/20/10 09/20/10 09/21/10
NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC
1.80 1.50 0.80 0.70 2.80 0.90 0.60 0.70 0.50 2.20 0.80 2.20 0.40 0.90 1.20 0.60 1.20 2.30 2.30
Date 09/21/10 09/21/10 09/21/10 09/21/10 09/22/10 09/22/10
Consultant NC NC NC NC NC NC
Description of Services Reviewed unsecured claim amounts included in Schedules, and related support. Reviewed support related to unencumbered cash balance. Reviewed and updated PIP DIP accounting structure and related discussions with staff on same. Preparation for and call with Five Mile related to outstanding diligence items for the DIP closing. Preparation for and call with Moelis related to Five Mile due diligence. Preparation for and call with Ron Greenspan of FTI related to unencumbered cash balance and additional proposed cash distributions. Reviewed draft status report. Reviewed open POs and A/P workflow items in JD Edwards. Internal discussions related to vendor deposits. Reviewed and updated communication to stakeholders regarding unencumbered cash balance. Reviewed PIP capital budgets and related purchasing status. Reviewed draft objection to Midland's objection to cash collateral. Reviewed drafts of objections to terminate exclusivity. Reviewed real estate tax reconciliation and related support. Reviewed draft objection to Equity committee. Reviewed updated draft of communication to stakeholders regarding unencumbered cash. Reviewed diligence requests from Lehman related to Floating pool PIPs. Reviewed updated 13-week cash forecast, variance reports, and related support. Reviewed draft PIP flash report and related support. Reviewed proposed check runs and related support. Reviewed and addressed outstanding Five Mile diligence items for DIP closing. Reviewed draft cash reports and related support.
Hours 1.30 1.60 1.80 0.70 1.20 0.40
09/22/10 09/22/10 09/22/10 09/22/10 09/22/10 09/22/10 09/22/10 09/22/10 09/23/10 09/23/10 09/23/10 09/23/10 09/23/10 09/23/10 09/23/10 09/23/10
NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC
0.50 1.80 0.70 0.80 1.30 0.80 0.90 1.60 0.80 0.70 0.70 2.70 1.80 1.80 1.50 2.20
Date 09/23/10 09/24/10 09/24/10 09/24/10 09/24/10 09/26/10 09/27/10 09/27/10 09/27/10 09/27/10 09/27/10 09/27/10 09/27/10 09/28/10 09/28/10 09/28/10 09/28/10 09/28/10 09/29/10 09/29/10 09/29/10 09/29/10
Description of Services Prepared for and met with Moelis to discuss 2010 Budget Re-Forecast. Activities related to closing of Five Mile DIP. Reviewed open POs and A/P workflow items in JD Edwards. Reviewed draft of floating DIP funding request and related support. Prepared for and met with Moelis to discuss 2010 Budget Re-Forecast. Redeye flight from Los Angeles to Palm Beach, FL. Preparation for and internal meeting to discuss cash reporting. Follow-up on open HVS diligence requests. Reviewed draft August financial statements and related support. Reviewed status of PIP FF&E ordering and related POs. Reviewed updated reconciliation of Lehman draw #15 and related support. Review and internal discussion related to vendor deposits. Reviewed professional fee invoices. Preparation for and meeting to discuss PIP flash Report and percentage of completion report. Preparation for and meeting to discuss Lehman PIP information requests. Reviewed updated 13-week cash forecast and related support. Responded to additional diligence questions from HVS. Reviewed status of open POs. Reviewed status of open due diligence requests, and related follow-up. Reviewed open POs and A/P workflow items in JD Edwards. Reviewed draft August management reporting package. Reviewed updated 2010 Budget re-forecast and related support.
Hours 2.10 1.40 2.40 2.10 2.40 6.00 1.30 1.60 3.40 1.20 1.30 0.70 1.50 1.60 1.30 2.10 1.30 1.20 1.30 1.80 2.10 2.80
Date 09/29/10 09/30/10 09/30/10 09/30/10 09/30/10
Consultant NC NC NC NC NC
Description of Services Reviewed updated cash reporting and related support, and internal meetings to discuss the same. Preparation for and call with Lehman and Trimont to discuss floating pool PIP information requests. Finalized and sent out monthly reporting, including property-by-property P&Ls and STR reports. Finalized and sent out cash reporting as required under the Cash Collateral Order. Reviewed revised 2010 Budget Re-Forecast. Total Hours
Hours 2.70 0.80 3.70 3.50 1.60 196.40
Date 08/18/10 08/18/10 08/18/10 08/18/10 08/19/10 08/19/10 08/20/10 08/22/10 08/22/10 08/23/10 08/26/10 08/27/10 08/27/10 08/27/10 08/27/10 08/27/10 08/27/10 08/29/10 08/30/10 08/30/10 08/30/10 08/30/10 08/30/10
Disbursement Description Airfare Nathan Cook 2010-08-19 MIA - LAX Airfare Service Charge Nathan Cook Airfare Service Charge - - VENDOR: American Express - OM Nathan Cook Meals - Engagement Team Dinner - Nathan Cook; Raymond Adams; Kurt Beckman; Brian Osborne (Omni) Meals & Tips Nathan Cook - Dinner Rental Car Nathan Cook 3 Days - Miani FL Parking & Tolls Nathan Cook Lodging Raymond Adams Hyatt Hotels - West Palm Beach 08/22/2010 - 08/27/2010 Meals & Tips Nathan Cook - Dinner Meals & Tips Nathan Cook Dinner Meals & Tips Nathan Cook - Dinner Airfare Service Charge Nathan Cook Airfare Service Charge Nathan Cook Airfare Nathan Cook 2010-08-27 MIA - LAX Meals & Tips Nathan Cook - Dinner Parking & Tolls Nathan Cook Rental Car Nathan Cook 4 Days - Miami, FL Lodging Raymond Adams Hyatt Hotels - West Palm Beach 08/29/2010 - 09/02/2010 Airfare Raymond Adams 2010-09-06 DFW - PBI Airfare Raymond Adams 2010-09-02 PBI - DFW Airfare Service Charge Raymond Adams Airfare Service Charge Raymond Adams Cab Fare/Ground Transportation - - VENDOR: Sunny's Worldwide Chaueffeured Transportation Nathan Cook JFK to 601 Lexingtion Ave NY Lodging Nathan Cook London NYC - New York 08/30/2010 09/03/2010 Meals & Tips Nathan Cook - Dinner
Amount 1,349.05 30.00 30.00 220.00 25.34 299.00 131.00 496.20 7.44 34.24 32.58 30.00 30.00 2,503.68 12.59 150.00 337.67 396.96 411.40 381.70 10.00 10.00 92.56
08/30/10 08/30/10
2,289.46 55.00
Date 08/31/10 08/31/10 08/31/10
Disbursement Description Cab Fare/Ground Transportation Nathan Cook Cab Fare In New York Meals & Tips Nathan Cook - Breakfast Meals - Engagement Team Dinner - Nathan Cook; Marc Beilinson (Innkeepers); Mark Murphy (Innkeeprs); Dennis Craven (Innkeepers); Paul Basta (Kirkland & Ellis) Airfare Service Charge Kurt Beckeman Airfare Kurt Beckeman 2010-09-07 DTW - FLL Airfare Kurt Beckeman 2010-09-10 PBI - DTW Airfare Kurt Beckeman 2010-09-13 DTW - FLL Cab Fare/Ground Transportation Nathan Cook Cab Fare In New York Meals - Engagement Team Todd Brents - Dinner - Ray Adams; Kurt Beckeman Airfare Todd Brents 2010-09-07 CLT - PBI Airfare Service Charge Todd Brents Gas/Fuel Raymond Adams Meals & Tips Kurt Beckeman - Dinner Meals & Tips Nathan Cook - Dinner Parking & Tolls Kurt Beckeman Rental Car Kurt Beckeman 3 Days - Ft. Lauderdale Rental Car Raymond Adams 3 Days Airfare Nathan Cook 2010-09-06 EWR - MIA Airfare Service Charge Nathan Cook Cab Fare/Ground Transportation Todd Brents From CLT To Home Lodging Nathan Cook London NYC - New York 09/03/2010 09/06/2010 Meals & Tips Nathan Cook - Dinner Meals & Tips Todd Brents - Dinner Meals & Tips Nathan Cook - Dinner Cab Fare/Ground Transportation - - VENDOR: Sunny's Worldwide Chaueffeured Transportation Nathan Cook - London Hotel to EWR Meals & Tips Nathan Cook - Dinner Airfare Raymond Adams 2010-09-13 DFW - PBI Airfare Service Charge Raymond Adams
Amount 18.00 22.51 254.88
09/01/10 09/01/10 09/01/10 09/01/10 09/01/10 09/01/10 09/02/10 09/02/10 09/02/10 09/02/10 09/02/10 09/02/10 09/02/10 09/02/10 09/03/10 09/03/10 09/03/10 09/03/10 09/03/10 09/03/10 09/03/10 09/06/10 09/06/10 09/07/10 09/07/10
30.00 221.20 179.26 280.12 23.00 165.00 481.90 10.00 6.55 8.33 44.02 80.00 268.89 194.04 205.73 30.00 181.40 1,128.45 35.31 12.64 55.00 102.75 34.25 649.40 20.00
Date 09/07/10 09/07/10 09/08/10 09/08/10 09/08/10 09/08/10 09/08/10 09/08/10 09/08/10 09/08/10 09/08/10 09/08/10 09/09/10 09/09/10 09/09/10 09/09/10 09/09/10 09/09/10 09/09/10 09/09/10 09/09/10 09/09/10 09/09/10 09/09/10 09/09/10 09/10/10 09/13/10 09/13/10
Disbursement Description Meals & Tips Nathan Cook - Dinner Meals - Engagement Team Nathan Cook - Dinner - Raymond Adams; Kurt Beckman; Chuck Engelhardt (Innkeepers) Airfare Service Charge Nathan Cook Airfare Service Charge Nathan Cook Airfare Kurt Beckeman 2010-09-09 FLL - DTW Airfare Nathan Cook 2010-09-09 MIA - LAX Airfare Service Charge Raymond Adams Airfare Service Charge Kurt Beckeman Cab Fare/Ground Transportation Kurt Beckeman Business Travel Meals - Engagement Team Kurt Beckeman - Dinner - Raymond Adams; Nathan Cook Meals - Engagement Team Raymond Adams - Dinner - Nathan Cook; Kurt Beckeman Meals - Engagement Team Raymond Adams - Dinner - Nathan Cook; Kurt Beckeman Airfare Kurt Beckeman 2010-09-20 DTW - FLL Airfare Service Charge Kurt Beckeman Airfare Nathan Cook 2010-09-12 LAX - FLL Airfare Nathan Cook 2010-09-09 MIA - LAX Airfare Service Charge Nathan Cook Cab Fare/Ground Transportation - - VENDOR: All Star Limousine Kurt Beckeman - DTW Airport to 664 Westchester Way Gas/Fuel Raymond Adams Meals & Tips Kurt Beckeman - Dinner Meals & Tips Nathan Cook - Dinner Parking & Tolls Nathan Cook-WallyPark-LAX Rental Car Nathan Cook 3 Days Miami FL Rental Car Kurt Beckeman 2 Days - Ft. Lauderdale Rental Car Raymond Adams 3 Days Palm Beach Airfare Service Charge Kurt Beckeman Airfare Nathan Cook 2010-09-14 PBI - EWR Airfare Service Charge Nathan Cook
Amount 13.52 184.94 30.00 30.00 132.36 365.46 13.00 23.00 83.95 34.00 165.00 45.06 264.44 10.00 506.60 90.00 30.00 94.55 5.75 7.64 27.00 172.79 216.57 189.92 145.84 13.00 308.70 30.00
Date 09/13/10 09/14/10
Disbursement Description Meals - Engagement Team Kurt Beckeman - Dinner - Todd Brents; Nathan Cook Cab Fare/Ground Transportation - - VENDOR: Sunny's Worldwide Chaueffeured Transportation Nathan Cook EWR to 601 Lexington Ave NY Lodging Nathan Cook Sheraton - New York 09/14/2010 - 09/16/2010 Rental Car Nathan Cook 1 Day Ft Lauderdale FL Airfare Service Charge Nathan Cook Airfare Nathan Cook 2010-09-16 JFK - LAX Airfare Service Charge Kurt Beckeman Airfare Kurt Beckeman 2010-09-27 DTW - FLL Cab Fare/Ground Transportation Nathan Cook Client Travel Cab Fare/Ground Transportation Nathan Cook Client Travel Meals & Tips Nathan Cook - Dinner Meals & Tips Nathan Cook - Dinner Airfare Nathan Cook 2010-09-16 JFK - LAX Parking & Tolls Nathan Cook-LAX Airport Parking & Tolls Kurt Beckeman Rental Car Kurt Beckeman 3 Days-Ft Lauderdale FL Rental Car Kurt Beckeman 1 Day-Okc OK Lodging Nathan Cook London NYC- New York 09/20/2010 09/21/2010 Meals & Tips Nathan Cook - Breakfast Meals - Engagement Team Kurt Beckeman - Dinner - Raymond Adams Airfare Kurt Beckeman 2010-09-24 FLL - DTW Airfare Service Charge Kurt Beckeman Airfare Service Charge Kurt Beckeman Meals & Tips Nathan Cook - Dinner Airfare Nathan Cook 2010-09-24 MIA - LAX Airfare Service Charge Nathan Cook Meals & Tips Nathan Cook - Dinner Meals & Tips Nathan Cook - Dinner
Amount 158.00 98.88
09/14/10 09/14/10 09/15/10 09/15/10 09/15/10 09/15/10 09/15/10 09/15/10 09/15/10 09/15/10 09/16/10 09/16/10 09/16/10 09/16/10 09/17/10 09/20/10 09/20/10 09/20/10 09/22/10 09/22/10 09/22/10 09/22/10 09/23/10 09/23/10 09/23/10 09/23/10
1,188.94 104.02 30.00 2,050.09 10.00 264.44 11.90 20.60 45.00 55.00 150.00 120.00 80.00 234.52 60.00 778.92 4.63 95.03 473.39 10.00 13.00 47.28 1,379.13 30.00 24.00 17.13
Date 09/24/10 09/24/10 09/24/10 09/24/10 09/24/10 09/27/10 09/27/10 09/29/10
Disbursement Description Meals & Tips Nathan Cook - Dinner Parking & Tolls Nathan Cook-LAX Airport Parking & Tolls Kurt Beckeman Rental Car Kurt Beckeman 4 Days-Ft Lauderdale FL Rental Car Nathan Cook 3 Days Palm Beach FL Meals - Engagement Team Nathan Cook - Dinner - Marc Beilinson (Innkeepers) Meals & Tips Kurt Beckeman - Dinner Meals - Engagement Team Nathan Cook - Dinner - Caleb Van Dyke (Innkeepers) Total Disbursements
Amount 8.56 150.00 100.00 270.35 271.59 56.84 17.04 110.00 25,879.87
Disbursement Recap: Description Airfare Cab Fare/Ground Transportation Lodging Meals & Tips Parking & Tolls Rental Car Total Disbursements Amount 13,150.05 739.89 6,278.93 2,134.80 983.79 2,592.41 25,879.87
Date 09/01/10 09/01/10
Consultant RJA RJA
Description of Services Reviewed SOFA and Schedule final drafts for GP Fixed, GP Floating, Innkeepers USA LP, and Innkeepers USA Trust. Participate on conference call with B Osborne, K Nownes, and APLLP team to discuss changes to Schedule D, F-6 change to Raleigh mortgage, SOFA 3b removals, cash notes, specific notes to B-2, and summary on Washington DC. Prepare description for Washington DC and additions to exhibit H for Innkeepers USA LP. Telephone call with C Staples and L Price to discuss Floating bank accounts and bank names. Reviewed APLLP team note changes for prior version and faxed additional missing pages to Omni. Telephone call with E Kentoff to discuss payments on real/personal property taxes. Prepare utility vendor analysis for Consumer Energy, NIPSCO, Gas South, and Alameda Water. Review SOFA and Schedules for LID 79 Innkeepers USA LP and LID 83 Leaseco Holding to verify bank accounts and balances. Review update for Innkeepers USA LP for H Exhibit and inclusion of LID 27 and 73 West Palm Beach. Telephone call with W Guerrieri and APLLP team to discuss SOFA and Schedule strategy. Telephone call with B Osborne, K Nownes, and APLLP team to discuss open items on SOFA and Schedules. Review SOFA and Schedules for completeness on LIDs 1, 2, 3, 4, 5, 16, 17,18, 19, 20, 26, 27, 28, 29, 30, 36, 37, 38, 39, 40, 46, 47, 48, 49, 50, 56, 57, 58, 59, 60, 66, 67, 68, 69, 70, 76, 77, 78, 79, 80, 86, and 87. Confirm filing of SOFA and Schedules with K&E. Update D and B-2 schedules for Lehman sweep data and coordinate change with Omni. Review updates of SOFAS from overnight updates and discuss with staff. Attend call with Coca Cola re: post-petition credit. Review revised SOFAS from AM updates and provide
Hours 1.80 0.90
09/01/10 09/01/10 09/01/10 09/01/10 09/01/10 09/01/10
0.60 0.90 0.80 0.70 1.30 0.90
09/01/10 09/01/10 09/01/10 09/01/10
RJA RJA RJA RJA
0.60 0.20 0.70 2.80
09/01/10 09/01/10 09/01/10 09/01/10 09/01/10
RJA TBB TBB TBB TBB
1.60 3.60 2.80 1.20 2.80
Date 09/01/10 09/01/10 09/01/10 09/02/10 09/02/10 09/02/10 09/02/10 09/02/10 09/02/10 09/02/10 09/02/10 09/03/10 09/03/10 09/03/10 09/03/10 09/03/10 09/03/10 09/03/10 09/06/10 09/07/10 09/07/10
Consultant TBB RJA RJA RJA TBB TBB TBB TBB RJA RJA RJA RJA RJA TBB TBB TBB TBB TBB TBB TBB TBB
Description of Services feedback to Omni. Review filing versions of SOFAS and provide signoff to Omni. Review Addison (SS) and Albany's SOFA and Schedules. Review Summary of disclosures that be significant issues. Discuss Five Mile request for bridge analysis between original budget and adjusted budget by property. Discuss final versions of SOFAS with K&E and coordinate filing with Omni. Follow up documentation on SOFAS and discuss debt entries with accounting. Discuss and prepare MOR background with accounting. Discussions with utility vendors and coordinate with Eric Ryan. Telephone call with APLLP team to discuss court decision on PSA. Met with APLLP team to discuss and recap SOFA and Schedule filing. Met with APLLP team to discuss Ontario insurance. Review PG&E settlement agreement and prepare allocation for settlement. Update and format files for SOFA and Schedules and update files for motions and orders. Follow up on inquires from utility vendors and discuss with Eric Ryan. Develop requirements for data site - PIP and due diligence working groups. Respond to inquires from vendors re: post-petition credit and financial information. Follow up documentation on SOFAS. Research vendor, accounts payable inquiries. Research and make updates to 2015 draft. Make revisions to 2015 filing and discuss with counsel. Respond to inquiries from utility and tax vendors re: postpetition payments and coordinate with Island.
Hours 3.80 0.60 0.20 0.40 3.60 2.40 2.60 2.20 0.30 0.80 0.40 0.80 2.10 1.80 1.40 1.80 1.80 1.40 2.00 2.80 2.20
Date 09/07/10 09/07/10 09/07/10 09/07/10 09/08/10 09/08/10 09/08/10 09/08/10 09/08/10 09/08/10 09/08/10 09/08/10 09/09/10 09/09/10 09/09/10 09/09/10 09/09/10 09/09/10
Consultant TBB RJA TBB TBB TBB KJB RJA RJA RJA RJA RJA TBB TBB TBB RJA RJA RJA KJB
Description of Services Research SOFAS disclosures. Prepare PG&E allocation for adequate assurance deposit and email same to A Perez to prepare payment. Coordinate MOR development with accounting. Coordinate development of PIP and Due Diligence data site. Coordinate noticing population. Summarized hotel appraisal information and potential holding costs for best interest test. Telephone call with L Price to discuss Southwest Morristown. Prepare utility analysis for adequate assurance deposit request from South Jersey Industries. Prepare utility analysis for adequate assurance deposit request from City of Garden Grove. Prepare utility analysis for adequate assurance deposit request from Constellation Energy. Telephone call with B Bachman to discuss vendor issues for storage unit. Review draft of bar date notice and discuss with counsel, Omni, staff. Research and respond to inquiries from utility providers, taxing authorities and accounting re: pre-petition payments. Draft outline of MOR and discuss treatment of certain accounting items with accounting staff. Update utility adequate assurance deposit summary. Update and revise utility analysis for adequate assurance deposit request from Constellation Energy. Update Nstar adequate assurance deposit request due to settlement. Prepared for and attended conference call to discuss due diligence requests and timing with attorney's and company management. Update Almaden Water adequate assurance deposit request. Review NIPSCO settlement and Gas South settlement and email same with utility adequate e assurance analysis to A
Hours 0.80 1.40 0.90 1.10 0.90 3.60 0.40 0.90 1.10 0.90 0.40 2.50 3.20 2.60 1.70 1.10 1.10 0.60
09/09/10 09/10/10
RJA RJA
0.70 1.40
Date 09/10/10 09/10/10 09/10/10 09/12/10 09/13/10
Consultant TBB TBB KJB RJA RJA
Description of Services Perez. Research and respond to inquiries from utility providers, taxing authorities and accounting re: pre-petition payments. Coordinate develop of bar date mailing matrix with Omni and staff. Reviewed property level appraisals. Prepare list of Merrill website index and email same to M Carmel. Review email request from C Yee of list of unsecured creditors and prepare response with description of service and goods. Respond to inquires from vendors re: 503b9 treatment, postpetition credit. Review bar date notice drafts from Omni and discuss status with Omni. Research vendor 503b9 claims. Reconcile Royal Cup 503b9 claim and analysis of potential 503b9 claims. Respond to vendor and utility company inquiries and coordinate with Island purchasing. Met with APLLP team to discuss next bankruptcy workstream;. Prepare list of additions to creditor matrix and email same to B Osborne. Prepare query and reports for 503(b)(9) and PACA. Review Dimension and Ontario F1 AP. Review City of Garden Grove and South Jersey Industries settlement agreement and email same to A Perez. Met with APLLP team to discuss 503(b)(9) issues. Discuss MOR, Bar Date Notice, 503(b)(9), contract assumption, PIP work, and claims analysis. Reviewed balance sheet by legal entity report and identified additional information requirements. Review request for CIT Technology Finance for FWB. Attend discussion with FTI.
Hours 2.40 3.20 2.60 0.70 0.50
09/13/10 09/13/10 09/13/10 09/14/10 09/14/10 09/14/10 09/14/10 09/14/10 09/14/10 09/14/10 09/14/10 09/14/10 09/14/10 09/15/10 09/15/10
TBB TBB TBB TBB TBB RJA RJA RJA RJA RJA RJA RJA KJB RJA TBB
2.40 1.80 2.20 2.80 2.20 0.30 1.40 1.80 1.70 1.20 0.40 0.50 1.40 0.30 0.50
Date 09/15/10 09/15/10 09/15/10 09/15/10 09/15/10 09/15/10
Consultant TBB TBB TBB RJA RJA RJA
Description of Services Respond to inquiries from FTI re: unsecured claims. Attend calls and respond to inquires re: utility and other vendors and discuss with Eric Ryan. Draft outline of MOR; research treatment of certain disclosures in MOR. Review query for ADT Security Services Inc and location of alarm monitor system. Update and revise 503(b)(9) and PACA summary report and queries in database. Participate on conference call with M Murphy, E Kentoff, M Carmel, P Bryan, Z Jamal, C Grayson, J Niesen, and APLLP team to discuss Merrill website move. Telephone call with E Kentoff to discuss contract with Merrill to determine terms and conditions. Update and revise 503(b)(9) and PACA analysis. Attend calls and respond to inquires re: utility and other vendors. Discuss with Eric Ryan. Complete reconciliation of Royal Cup 503b9 claim and review analysis of overall PACA and 503b9 claims. Respond to UCC inquires re: SOFAS. Reviewed and analyzed legal entity balance sheet template and supporting detail for best interest test. Return calls and respond to inquiries from capital and utilities re: post-petition credit. Perform analysis of schedule F claims; respond to inquiries re: estimated trade claims left for plan classification. Research 503b9 and PACA claims and prepare response for counsel. Respond to inquires from vendors re: 503b9 treatment, postpetition credit. Discuss MOR draft with staff and accounting. Discuss cash numbers and unsecured creditors non-priority numbers. Telephone call with APLLP team to discuss Trimont Draw #15 analysis.
Hours 1.10 2.20 2.40 0.30 2.40 0.60
09/15/10 09/15/10 09/16/10 09/16/10 09/16/10 09/16/10 09/17/10 09/17/10 09/20/10 09/20/10 09/20/10 09/20/10 09/20/10
RJA RJA TBB TBB TBB KJB TBB TBB TBB TBB TBB RJA RJA
0.40 1.90 1.80 2.40 1.80 1.90 2.20 2.40 2.40 1.20 2.20 0.20 0.30
Date 09/20/10 09/20/10 09/21/10 09/21/10 09/21/10 09/21/10 09/21/10 09/21/10 09/21/10 09/21/10 09/21/10 09/21/10 09/21/10 09/22/10 09/22/10 09/22/10 09/22/10 09/22/10 09/22/10 09/22/10 09/22/10
Consultant RJA RJA RJA RJA RJA RJA RJA TBB TBB TBB TBB RJA KJB TBB RJA RJA TBB TBB TBB RJA RJA
Description of Services Prepare Richmond Gas request and adequate assurance deposit analysis. Prepare MOR format and update Note section in MOR. Met with APLLP team to discuss consolidated financials and discuss MOR formatting. Telephone call with L Price to discuss August close and DIP PIP changes. Met with APLLP team to discuss cash disbursements for post-petition July and August. Request check register and records of wire/ACH/debit payments. Discuss credit card transaction netting. Research 503b9 and PACA claims and prepare response for counsel. Respond to inquires from UCC advisors. Discuss MOR draft with staff and accounting. Prepare analysis of payments made under 1st day motions in response to UCC inquiry. Update and revise MOR format and update Note section in MOR. Consolidated July and August payment information for inclusion in the monthly operating statements. Research and remedy accounting for various restructuring items in July/August close. Review LSTC, debt, and other loan amounts. Review AP subledger detail of $10 million. Research GFS 503b9 and PACA claim and prepare response for counsel. Respond to inquiries from utility vendors and follow up discussions with Eric Ryan. Develop draft of MOR. Update and revise MOR with combined condensed financial statement format. Review LSTC of AP Open file for "PRE" and Hold invoices and email query to L Price for discrepancies.
Hours 0.70 2.50 1.20 0.50 0.80 0.50 1.00 2.80 2.20 0.80 2.40 2.80 1.70 1.00 0.60 0.50 2.40 1.20 2.20 2.10 2.10
Date 09/22/10 09/22/10 09/23/10 09/23/10 09/23/10 09/23/10 09/23/10 09/23/10 09/24/10 09/24/10 09/24/10 09/26/10 09/27/10 09/27/10 09/27/10 09/27/10 09/27/10 09/27/10 09/27/10 09/27/10
Consultant RJA RJA RJA RJA TBB TBB TBB RJA RJA RJA RJA RJA TBB TBB TBB RJA RJA RJA RJA RJA
Description of Services Review reorganization expense reconciliation summary. Telephone call with MA Oblaczynski to discuss Lehman loan document and invoices for Draw 15. Update and revise MOR and update cash disbursements for post-petition July. Review Alameda County settlement; email same with utility adequate assurance analysis to A Perez. Respond to and research utility vendor inquiries and discuss with Eric Ryan. Respond to inquires from Island accounting re: pre-petition vendor credits. Review draft of MOR disclosures and discuss with staff and counsel. Update utility deposit schedule. Update Draw #15 Trimont for Bucket 2 support and prepare list of bucket 2 support. Update and revise MOR with cash disbursements for August. Update and revise MOR with schedules for cash disbursements of July and August 2010. Prepare MOR disbursement schedule with July 2010 and August 2010 amounts. Review draft of MOR and discuss with staff and circulate to working group. Respond to inquiries from Jefferies re: SOFAS and claims. Respond to inquiries from utility vendors, product vendors and discuss with Island accounting and purchasing. Review Consolidated Balance Sheet and Income statement. Review Ontario statement for August. Review and update MOR schedule for cash disbursements with proper legal entity for disbursements. Telephone call with APLLP team to discuss August close issue and K&E review. Telephone call with MA Oblaczynski to discuss preparation of analysis for Draw #14 and cash payment of Draw #15.
Hours 0.80 0.50 2.90 0.80 2.20 0.80 2.80 0.30 1.80 1.90 2.10 2.10 3.20 1.80 2.20 0.60 0.30 1.20 0.60 0.80
Date 09/27/10 09/27/10 09/27/10 09/27/10 09/27/10
Description of Services Prepare template for Draw #14 analysis and email same to MA Oblaczynski. Telephone call with MA Oblaczynski to discuss Draw 14 request and analysis of support. Update and revise MOR schedule of cash disbursements. Review August statement of Operations and Balance Sheet. Update and revise Richmond Gas deposit analysis due to settlement and email same with utility adequate assurance analysis to A Perez. Telephone call with APLLP team to discuss Bucket 3 and Bucket 4 for Draw 15. Email response to APLLP team for Interest Expense for August and LSTC reconciliation. Update and revise MOR report. Discussions and follow up with LG re: PIP program and issuance of purchase orders. Respond to comments on MOR draft and provide feedback to staff. Completed information request from creditors. Prepare for attendance at hearing on Examiner motion. Respond to vendor and utility inquiries and coordinate with Benjamin West and Eric Ryan. Telephone call with B Martin to discuss Floating DIP facility and Floating Loan schedule. Met with APLLP team to discuss S Frey response. Telephone call with APLLP team to discuss Innkeepers information from company, contracts, claims database, match id, and documentation. Update and revise August and July MOR based on comments and revisions from K&E. Met with APLLP team to discuss MOR. Telephone call with APLLP team to discuss MOR status. Update and revise August and July MOR for changes to Debtor questionnaire. Update and revise August and July MOR for consolidated
Hours 1.10 0.70 0.70 0.80 0.90
09/28/10 09/28/10 09/28/10 09/28/10 09/28/10 09/28/10 09/29/10 09/29/10 09/29/10 09/29/10 09/29/10
RJA RJA RJA TBB TBB KJB TBB TBB RJA RJA RJA
0.40 0.50 2.10 2.40 1.80 0.30 3.20 2.00 0.40 0.40 0.50
09/29/10 09/29/10 09/29/10 09/29/10 09/29/10
RJA RJA RJA RJA RJA
2.10 1.10 0.60 2.60 2.30
Date 09/29/10 09/30/10 09/30/10 09/30/10 09/30/10 09/30/10 09/30/10 09/30/10 09/30/10
Consultant KJB RJA RJA RJA RJA RJA TBB TBB TBB
Description of Services financial statement changes. Follow-up on vender issue related to pre-petition balances due. Met with C Engelhardt to discuss BW PO and loan agreement issue of "conditional assignment". Update and revise August and July MOR based on comments and revisions from K&E. Telephone call with C Yee to discuss vendor issues. Telephone call with J Zinman to discuss MOR changes. Telephone call with L Price to discuss MOR review and consolidated financials reclasses. Discussions with K&E regarding testimony prep and claims estimates. Attend Examiner hearing. Respond to vendor and utility inquiries. Total Hours
Hours 0.90 0.90 2.90 0.50 0.60 0.90 2.20 2.60 1.20 248.60
Fee Recap: Consultant Todd Brents Kurt J Beckeman Raymond J Adams Total Hours & Fees Hours 135.20 13.00 100.40 248.60 Rate 760.00 620.00 580.00 Amount 102,752.00 8,060.00 58,232.00 169,044.00
Date 09/01/10 09/01/10 09/01/10 09/01/10 09/01/10 09/01/10 09/02/10 09/02/10 09/02/10 09/02/10 09/02/10 09/03/10 09/06/10 09/07/10 09/07/10 09/07/10 09/07/10 09/07/10 09/07/10 09/07/10 09/07/10 09/07/10
Consultant KJB KJB KJB KJB KJB KJB KJB KJB KJB RJA RJA RJA RJA RJA RJA RJA RJA RJA KJB KJB KJB RJA
Description of Services Updated weekly model to reflect partial week reconciliation for month ending 8-31-2010. Reviewed underlying assumptions and support for weekly cash flow model. Reconciled cash activity for month end 8-31-10. Prepared for and met with Business Planning Director to discuss budget process and weekly cash model support. Reviewed weekly check run. Reviewed draft flash report for 8-15-8-31. Developed 2011 real estate tax estimate by pool. Extended forecast model for Q1 2011 and reviewed key assumptions. Reviewed weekly check run. Prepare PIP DIP budget bridge analysis by property. Update and revise PIP DIP budget bridge analysis by property. Update and revise PIP DIP budget bridge analysis by property and prepare summary analysis. Prepare PIP DIP budget comparison to Herb Cummings Estimates. Review and research HC labor estimates and adjustments for Altamonte and stair renovations under 100 rooms. Met with APLLP team to discuss Lehman Brother lien and cash collateral. Met with C Engelhardt to discuss Herb Cummings estimates. Telephone call with T Wall, project manager to discuss PIP DIP budget for San Diego/Mission Valley. Met with M Oblaczynski to discuss Draw 15 and issuance of payments. Reviewed and reconciled prior week actual results. Updated weekly model to reflect actuals. Researched payments for correct classification. Review Shelton vinyl siding, Windsor vinyl siding, and Binghamton vinyl siding and possible other options.
Hours 3.10 3.30 1.70 0.90 0.30 0.40 3.70 3.20 3.80 2.90 3.10 2.30 3.10 1.70 0.40 0.50 0.50 1.80 3.20 3.80 2.50 1.20
Date 09/07/10 09/07/10 09/07/10 09/08/10
Consultant RJA RJA RJA RJA
Description of Services Discuss draw 15 request. Discuss moving Merrill site and Benjamin West budgets and timeline. Discuss Louisville and Sili II per room rates higher than budget and others. Telephone call with M Oblaczynski to discuss Trimont Draw 15 and detail to support payment and review Draw 15 supporting detail. Met with H Cummings and C Engelhardt to discuss estimators numbers and questions to preparation of estimates and update HC estimator comparison analysis. Telephone call with APLLP team to discuss Trimont Draw 15 payment and bar date notice and discussions of 2015 document. Research open items related to weekly cash model - actual results. Created August Application report template and draft data. Completed draft of Flash Report due 9-15-10. Prepared for and attended conference call with floating pool advisors to review July results and cash forecast. Follow-up on information requests from floating pool advisors. Reviewed July management reporting package. Preliminary review of weekly check run and identified open issues. Updated weekly cash model for additional assumptions and information. Met with C Engelhardt to discuss timeline and preparation for meeting with M Beilinson. Telephone call with C Grayson to discuss Merrill site and conversion issues. Participate on conference call with M Oblaczynski, L Price, C Grayson, and J Nieson to discuss and demo website for Trimont draw request. Telephone call with M Boras and M Franco with Five Mile to discuss Herb Cummings estimates for Labor fees.
Hours 0.50 0.50 0.80 2.30
09/08/10
RJA
2.60
09/08/10
RJA
0.60
09/08/10 09/08/10 09/08/10 09/09/10 09/09/10 09/09/10 09/09/10 09/09/10 09/09/10 09/09/10 09/09/10
KJB KJB KJB KJB KJB KJB KJB KJB RJA RJA RJA
2.70 2.10 1.20 1.20 1.80 2.90 1.70 2.30 0.80 0.60 0.90
09/09/10
RJA
0.60
Date 09/09/10 09/09/10 09/10/10 09/10/10 09/10/10 09/10/10 09/10/10 09/13/10 09/13/10 09/13/10 09/13/10 09/13/10 09/13/10 09/13/10 09/13/10 09/14/10 09/14/10 09/14/10 09/14/10
Consultant RJA TBB KJB KJB RJA RJA RJA RJA RJA RJA RJA KJB KJB KJB KJB KJB KJB KJB KJB
Description of Services Prepare Draw 15 listing of approved payments to scheduled PIP improvements. Development of PIP and due diligence data site. Coordinate with staff and capital projects team. Final review of weekly check run. Follow-up on information requests from creditors advisors. Telephone call with APLLP team to discuss Five Mile questions. Prepare file/folder structure and user permission rights. Review E Chung's response to Labor bids and prepare Bid Proposal queries. Prepare analysis between Budget - HC to Labor Bids for Phase One. Review labor bids from B Martin. Update Five Mile folder structure. Prepare Draw 15 breakdown by bucket, Paid, Not Paid, but Authorized to Pay, and Not Paid and not authorized to Pay. Update weekly cash model for weekly results. Reconcile change in cash for weekly activity. Prepared for and attended meeting to discuss 2011 budget process and timing. Completed final draft of flash reports due 9-15-10 and reviewed with CFO. Researched actual expenditures to ensure proper classification on flash report. Updated flash report for August based on revised information. Updated model for actual daily sales through end of week. Updated weekly cash model forecast for actual results and additional assumptions for next 13 weeks and explained variances. Telephone call with MA Oblaczynski to discuss Draw 15 request and invoice status. Prepare summary for Draw 15 request. Finalized final August flash reports for release to creditor
Hours 3.10 2.40 0.80 0.90 0.80 2.30 1.80 2.90 2.20 0.80 2.10 3.60 2.70 0.60 3.20 2.40 1.80 1.40 2.60
09/14/10 09/14/10 09/15/10
RJA RJA KJB
1.40 1.50 2.80
Date 09/15/10 09/15/10 09/15/10 09/15/10 09/15/10 09/15/10 09/15/10 09/16/10 09/16/10 09/16/10 09/16/10 09/16/10 09/16/10
Consultant KJB KJB KJB KJB RJA RJA RJA RJA RJA RJA RJA RJA RJA
Description of Services groups. Updated cash model for actual results and new information. Prepared for and met with VP Controller to discuss open information requests and credit card treatment. Reconciled cash balance to model cash. Reviewed payments and unallocated wires and identified correct pool for allocation. Telephone call with M Murphy to discuss GC bids and discuss Five Mile breakdown on Labor. Review GC Bids and prepare Budget comparison to HC estimates to GC Bids. Met with C Engelhardt to discuss GC bids, and Benjamin West forecast numbers for budgeting. Met with C Engelhardt to discuss Floating Pool DIP balance of $17.5m. Review File Mile DIP website structure and set-up. Review GC detail bids. Participate on conference call to discuss BW contract, Ideal Logistics, and JMC Global Logistics. Met with T Woodward and B Martin to discuss GC bids. Participate on conference call with L Price, MA Oblaczynski, C Engelhardt, and APLLP team to discuss two process for draws against DIP funds. Review GC Labor bids and prepare comparison to other GC Bids. Telephone call with B George and C Engelhardt to discuss clarifications for bids. Telephone call with B George and T Wall to discuss providing detail bids. Review Precision Builders bids and CCS bids. Create Innkeepers Capital Projects (5 Mile PIP) Data eRoom and added folder structure and user permissions. Updated cash model to reflect latest assumptions and information. Reviewed weekly check disbursements.
Hours 2.30 0.90 1.10 2.40 0.50 3.10 0.60 0.60 0.70 1.90 1.40 0.80 1.50
09/16/10 09/16/10 09/16/10 09/16/10 09/16/10 09/16/10 09/16/10
RJA RJA RJA RJA CG KJB KJB
1.70 0.50 0.50 1.20 3.00 3.60 2.70
Date 09/16/10 09/17/10 09/17/10 09/17/10 09/17/10 09/17/10 09/17/10 09/17/10 09/19/10 09/20/10 09/20/10
Consultant KJB RJA RJA RJA RJA RJA RJA RJA RJA RJA RJA
Description of Services Researched payment detail to identify proper pool to allocate disbursements. Update and revise PIP DIP budget comparison to GC bids and email same with GC pre-negotiated bids to C Dochat. Review Five Mile disbursement agreement. Review Labor Bid comparison per Key rate. Review BW forecast and prepare comparison to budget by property. Participate on conference call to discuss Trimont Draw #15 and issues with Lehman and amount to send back. Participate on conference call with C Dochat and FTI consultants to discuss GC bids for Phase One. Review BW master agreement and audit logistics agreement and email same to S Frey. Prepare BW Job Cost budget form. Met with C Engelhardt to discuss BW forecast numbers and administrative hire. Review and update Budget Forecast analysis for FF&E and review Corridors adjustment and Granite/Plumbing adjustment. Prepare Budget template formatting for PIP DIP Budget rollup. Completed weekly reconciliation of cash balances. Updated cash model for actual results and new assumptions. Follow-up on open information requests from creditors. Completed analysis of pre-petition deposits in transit by pool. Researched payments for allocation to debt pool. Updated weekly cash model for new assumptions related to professional fees, revenue and credit cards. Met with C Engelhardt to discuss Floating Pool schedule, disbursement contract, and draw requests. Met with B Martin to discuss Lehman loan for Harrisburg. Telephone call with E Kentoff to discuss BW contract and price guaranty.
Hours 2.10 3.90 0.60 0.70 1.40 0.70 0.50 0.90 3.10 0.60 2.60
09/20/10 09/20/10 09/20/10 09/20/10 09/21/10 09/21/10 09/21/10 09/21/10 09/21/10 09/21/10
RJA KJB KJB KJB KJB KJB KJB RJA RJA RJA
2.70 3.90 3.80 2.40 2.10 2.70 2.50 1.20 0.50 0.40
Date 09/21/10 09/21/10 09/22/10 09/22/10 09/22/10 09/22/10 09/22/10 09/22/10 09/22/10 09/22/10 09/22/10 09/23/10 09/23/10 09/23/10 09/23/10 09/23/10
Consultant RJA RJA RJA RJA RJA RJA RJA KJB KJB KJB KJB KJB KJB KJB RJA RJA
Description of Services Telephone call with S Frey and E Kentoff to discuss BW contract and price guaranty. Met with C Engelhardt to discuss bid leveling sheet and GC bids. Telephone call with APLLP team to discuss loan document for the Floating Credit Agreement. Met with C Engelhardt to discuss Lehman Floating schedule. Met with C Engelhardt to discuss BW forecast to budget allocation. Review Fixed Pool TV schedule and email same to E Chung. Review Lehman DIP loan agreement. Reviewed P-Card data and completed analysis of spend by debt pool. Completed August analysis of health care spending and determined allocation methodology. Reviewed legal entity balance sheet information and operating statement information. Developed basic historical cash flow model and identified additional information requirements. Prepared for and attended 2011 and 2010 business plan meeting. Completed draft historical cash flow model for each debt pool and identified additional information requirements. Reviewed historical debt service payments and capital infusions. Met with C Engelhardt to discus stair bids and Mt View exterior. Telephone call with MA Oblaczynski to discuss Lehman's re-allocation and discuss custom reports for Flash report information. Met with M Beilinson and C Engelhardt to discuss BW PO and flash report. Update and revise BW flash report for Budget line item costing. Prepare BW FF&E budget/forecast for Phase One
Hours 0.40 0.60 0.50 0.60 0.60 0.90 0.60 2.60 2.40 1.90 2.20 3.40 3.90 2.10 0.70 0.80
09/23/10 09/23/10 09/24/10
RJA RJA RJA
1.20 3.10 3.60
Date 09/24/10 09/24/10 09/26/10 09/27/10 09/27/10
Consultant KJB KJB RJA RJA RJA
Description of Services comparison to NTP. Prepared for and attended 2011 business plan meeting. Completed final draft of September Flash report and August variance report. Reviewed status of GC Bids and open items. Update Gatehouse budget/forecast template. Met with M Beilinson to discuss information flow from project manager; discuss communication of on-time, paid appropriately for progress, and issues and concerns. Prepare list of properties under Lehman Floating Pool. Prepare analysis of all properties under Lehman Floating Pool with total amounts by property. Met with C Engelhardt to discuss TV for Fixed Pool properties. Met with C Engelhardt to discuss information flow from project managers. Update and revise Fixed Pool TV list. Completed reconciliation of weekly cash balance. Updated weekly cash model for draft weekly actuals. Researched payment information for proper pool classification. Updated August information for actual revenues and trust tax information. Completed final draft of 9/15 Flash report and August Variance report. Updated actual results for additional pool specific information related to payments. Completed final draft of 13-week cash model. Met with C Engelhardt to discuss BW gatehouse forecast/budget numbers. Prepare for and participate in meeting to discuss flash reporting requirement and PM weekly reporting requirement. Prepare Exterior and Stairwell analysis to Budget and review bids for stairwells and exterior bids.
Hours 3.10 3.90 1.00 1.60 0.70
09/27/10 09/27/10 09/27/10 09/27/10 09/27/10 09/27/10 09/27/10 09/27/10 09/28/10 09/28/10 09/28/10 09/28/10 09/28/10 09/28/10
RJA RJA RJA RJA RJA KJB KJB KJB KJB KJB KJB KJB RJA RJA
1.30 1.10 0.70 0.50 0.80 3.80 3.90 2.40 2.30 3.20 2.40 1.80 0.80 2.10
09/28/10
RJA
2.70
Date 09/28/10 09/28/10 09/28/10 09/28/10 09/29/10
Description of Services Met with M Beilinson to discuss Exterior and Stairwell discrepancies to Budget. Telephone call with B George and C Engelhardt to discuss bids and proposals. Telephone call with APLLP team to discuss TV issue and terms to pay ahead of time. Telephone call with R Fenton to discuss draft of Flash report. Prepare for and participate in meeting to discuss exterior and stairwell comparison to budget with M Murphy, M Beilinson, B Martin, and C Engelhardt. Met with C Engelhardt to discuss Exterior and stairwell issue. Updated 13 Week Cash flow based on discussion with company management and updated information. Developed analysis of historical corporate spending to identify amounts to push down to debt pool analysis. Preliminary review of revised Q4 2010 forecast. Reconciled monthly August reports to weekly reports for revenue and key expense categories. Review Floating loan schedule. Prepare BW gatehouse budget to NTP analysis. Met with B Martin to discuss Fixed Pool budget and bridge from original budget and email same. Prepared monthly reporting information for various debt pools. Researched historical cash flow information and support for Debt Pool cash flow analysis. Finalized Flash Report, Variance Report and 13-Week forecast for delivery to creditor groups. Total Hours
Hours 0.50 0.40 0.40 0.40 1.80
09/29/10 09/29/10 09/29/10 09/29/10 09/29/10 09/30/10 09/30/10 09/30/10 09/30/10 09/30/10 09/30/10
RJA KJB KJB KJB KJB RJA RJA RJA KJB KJB KJB
0.90 2.30 2.50 1.20 2.60 0.80 2.50 0.70 3.50 3.40 3.20 287.20
Fee Recap: Consultant Todd Brents Kurt J Beckeman Raymond J Adams Carole Grayson Total Hours & Fees Hours 2.40 165.10 116.70 3.00 287.20 Rate 760.00 620.00 580.00 225.00 Amount 1,824.00 102,362.00 67,686.00 675.00 172,547.00
November 17, 2010 Innkeepers USA Trust Mark Murphy, General Counsel 340 Royal Poinciana Way, Suite 306 Palm Beach, FL 33480-4094 Client: 006340 Inv. No.: 2028738 For Professional Services: October 1, 2010 through October 31, 2010
Current Charges: Carole Grayson Krishnan Ramachandran Raymond J Adams Kurt J Beckeman Nathan Cook Todd Brents Total Hours & Fees Interim CFO Adjustment Subtotal Expenses Total Amount Due Analyst Analyst Director Director Managing Director Managing Director
Hours 3.00 191.10 198.20 200.20 160.70 16.30 769.50
Rate 225.00 270.00 580.00 620.00 710.00 760.00
Amount 675.00 51,597.00 114,956.00 124,124.00 114,097.00 12,388.00 417,837.00 (14,097.00) 403,740.00 23,855.37
USD
427,595.37
Please reference the invoice number noted above on any payment remittance. Thank You. Send check remittance to: AP Services LLC P.O. Box 5838 Carol Stream, IL 60197-5838 If Remitting in USD: Account Name: AP Services LLC Account Number: 004-62643 Bank Name: Deutsche Bank ABA: 021-001-033 If Remitting in any other Currency: Account Name: AP Services LLC IBAN: GB56 DEUT 4050 8189 012611 Bank Name: Deutsche Bank AG London SWIFT: DEUTGB2LXXX
Amount 100,000.00 92,603.00 211,137.00 403,740.00 Amount 12,307.04 1,692.61 99.79 3,279.99 2,545.77 628.93 3,256.28 44.96 23,855.37
Cab Fare/Ground Transportation Conference Calls Lodging Meals & Tips Parking & Tolls Rental Car Research Total Disbursements
Date 10/01/10 10/01/10 10/01/10 10/01/10 10/01/10 10/01/10 10/01/10 10/04/10 10/04/10 10/04/10 10/05/10 10/05/10 10/06/10 10/06/10 10/06/10 10/07/10 10/07/10 10/07/10 10/07/10 10/07/10 10/08/10 10/08/10 10/08/10 10/11/10 10/11/10
Consultant NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC
Description of Services Preparation for and call with Moelis and Linda Price re: Capital Expenditure reports. Reviewed information to be loaded on Merrill Datasite. Responded to open due diligence requests from HVS. Reviewed Five Mile DIP draw request and related support. Reviewed status of open tax diligence requests from Dechert. Reviewed open POs and A/P workflow items in JD Edwards. Reviewed liquidity issues and updated 13-week cash forecast. Reviewed and approved open POs in JD Edwards, and related support. Reviewed updated 2010 Budget Re-Forecast. Reviewed updated 13-week cash forecast and related support. Reviewed and approved open POs in JD Edwards, and related support. Follow-up on open items in the 2010 Budget Re-Forecast. Reviewed and approved open POs in JD Edwards. Responded to follow-up requests from Lehman related to draw requests. Reviewed status of due diligence requests and open items. Reviewed drafts of August management reporting packages. Reviewed and approved open POs in JD Edwards. Reviewed vendor issues. Follow-up on LC reimbursements. Follow-up related to 2010 budget re-forecast. Reviewed updated August Board package. Reviewed and approved open POs in JD Edwards. Reviewed proposed check run and related support. Reviewed and approved POs and A/P workflow items in JD Edwards. Reviewed issues regarding letters of credit.
Hours 0.40 0.70 0.40 1.40 0.30 1.30 1.60 1.80 0.90 1.30 2.50 0.50 1.90 0.60 0.50 0.80 1.70 0.50 0.50 0.50 0.50 1.20 1.30 1.40 0.60
Date 10/11/10 10/11/10 10/11/10 10/11/10 10/11/10 10/11/10 10/12/10 10/12/10 10/12/10 10/12/10 10/12/10 10/12/10 10/12/10 10/12/10 10/13/10 10/13/10 10/13/10 10/13/10 10/13/10 10/13/10 10/13/10
Consultant NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC
Description of Services Reviewed revised PIP budgets and DIP requirements. Preparation for and call with Moelis to discuss 2010 Budget Re-Forecast. Reviewed revisions to 2010 Budget Re-forecast and related support. Reviewed professional firm invoices. Reviewed updates to 13-week cash forecast, variance reports, and related support. Reviewed status of open tax diligence items. Preparation for and call with Moelis to review updates to 2010 Budget Re-Forecast. Preparation for and internal meetings to discuss process to track and review professional fee invoices. Reviewed and approved open POs in JD Edwards. Reviewed preliminary review of unencumbered cash balance, and related internal discussion. Reviewed updates to comparison of PIP budgets to actual spend. Discussion with Five Mile and updates to DIP draw request. Reviewed drafts of Flash Report and related support. Responded to requests from Unsecured Creditors Committee related to payments prior to bankruptcy. Preparation for and call with Lehman and Trimont to discuss cash forecasting and recent flash reports. Preparation for and internal meeting to discuss fee review process. Reviewed status of open letter of credit issues. Reviewed responses provided for open tax due diligence items. Reviewed outstanding professional fee invoices and discussed scheduling payments. Reviewed liquidity issues and updated 13-week cash forecast. Completed PO review and approvals, and open A/P workflow items in JD Edwards.
Hours 1.80 0.70 2.30 1.80 2.20 0.80 1.30 2.30 1.60 1.70 1.60 0.70 1.90 0.80 0.80 1.80 0.50 0.40 0.70 1.80 1.60
Date 10/13/10 10/13/10 10/14/10 10/14/10 10/14/10 10/14/10 10/14/10 10/15/10 10/15/10 10/15/10 10/18/10 10/18/10 10/18/10 10/18/10 10/18/10 10/18/10 10/18/10 10/19/10 10/19/10 10/19/10 10/19/10 10/19/10 10/20/10
Consultant NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC
Description of Services Reviewed draft August cash Application Report and related support, and had discussions on the same. Prepared materials for upcoming Board meeting. Preparation for and weekly status call with Lehman and Trimont related to PIPs. Preparation for and call with Kirkland & Ellis and Moelis as follow-up on plan process. Reviewed check run and related support. Reviewed updated August Application Report, expense reserves, and proposed distributions. Reviewed August Board Review package and related support. Reviewed materials for upcoming Board meeting. Discussions related to vendor payment issues. Reviewed outstanding Five Mile due diligence items, and checked on status. Preparation for and call with Moelis and Kirkland & Ellis to prepare for upcoming Board meeting. Prepared materials for upcoming Board meeting. Discussions related to Marriott Termination fee. Reviewed and approved open POs in JD Edwards. Reviewed proposed vendor payments and related support, and discussions on the same. Reviewed draft of flow analysis and related discussion. Revised and sent fee and expense memo to restructuring professionals. Prepared for and met with independent board members to review 2010 budget re-forecast. Preparation for Board meeting. Attended Innkeepers Board meeting. Reviewed and approved open POs in JD Edwards. Reviewed open liquidity and cash flow issues. Preparation for and call with Innkeepers constituents to discuss status.
Hours 2.10 1.50 1.30 0.80 1.70 2.40 1.10 1.30 0.50 1.20 1.20 1.40 0.80 1.30 1.70 1.30 1.50 1.60 2.30 3.40 1.40 1.10 0.80
Date 10/20/10 10/20/10 10/20/10 10/20/10 10/20/10 10/21/10 10/21/10 10/21/10 10/21/10 10/22/10 10/22/10 10/22/10 10/22/10 10/22/10 10/22/10 10/22/10 10/25/10 10/25/10 10/25/10 10/25/10 10/25/10 10/25/10
Description of Services Preparation for and internal meeting to discuss 13-week cash forecast and liquidity issues. Reviewed and approved open POs and related support in JD Edwards. Reviewed and responded to vendor issues. Reviewed upcoming real estate tax payments and had internal discussions on the same. Reviewed components of Five Mile draw request. Prepared for and participated in meetings with Moelis to review 2010 Budget Re-forecast and assumptions by hotel. Reviewed proposed check runs and related support. Reviewed Five Mile draw request and related support. Reviewed and approved open POs in JD Edwards. Prepared for and participated in weekly status call with Lehman and Trimont related to PIPs. Reviewed draft of update materials for the Board. Reviewed professional firm invoices. Reviewed and updated EPL application. Reviewed draft of September 2010 financial statements and related support. Reviewed status of open Lehman information requests and draft responses. Reviewed draft PIP flash report and related detail. Preparation for and call with Moelis to discuss Five Mile due diligence and open items. Reviewed summary of U.S. Trustee Fees and invoices received, and related discussion. Reviewed updated 13-week cash forecast and related support. Reviewed and approved open POs and A/P workflow items in JD Edwards. Reviewed funding status related to PIPs and payment of vendor invoices, and related discussion. Discussions related to vendor payments and required deposits.
Hours 1.20 1.40 0.60 0.70 1.30 2.40 2.10 1.90 1.40 1.30 1.20 0.70 0.60 1.60 1.40 1.70 0.80 0.40 1.30 1.40 1.50 0.70
Date 10/25/10 10/25/10 10/25/10 10/25/10 10/25/10 10/26/10 10/26/10 10/26/10 10/26/10 10/26/10 10/26/10 10/26/10 10/27/10 10/27/10 10/27/10 10/27/10 10/27/10 10/28/10 10/28/10 10/28/10 10/28/10 10/28/10 10/28/10
Consultant NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC
Description of Services Reviewed and approved wires in Bank of America CashPro. Reviewed professional fee invoices and related support. Reviewed open questions on draw #3 on Five Mile DIP loan. Reviewed draft Flash Report and related support. Reviewed revisions to 2010 Budget Re-Forecast, and related support. Preparation for and participation in Board call. Reviewed and approved wires in Bank of America CashPro. Reviewed and approved open POs and A/P workflow items in JD Edwards. Reviewed draft Monthly Operating Report and related support. Reviewed real estate tax schedule and related support. Reviewed PIP Budget and draft Flash Report. Reviewed 2010 Budget Re-Forecast update and flow through analysis. Reviewed and approved open POs and A/P workflow items in JD Edwards. Reviewed draft cycle PIP schedule. Reviewed updated 13-week cash forecast and related support. Reviewed status of funding on draw requests on Five Mile DIP, and related follow-up and discussion. PD Trip to Las Vegas with Jason Brown (GE's West Coast head of Restructuring Finance). Preparation for and internal call to discuss vendor payments and related timing. Reviewed and approved open POs and A/P workflow items in JD Edwards. Reviewed revised Cycle PIP schedule. Reviewed proposed check run and related support. Reviewed revised draft of PIP DIP flash report and related support. PD trip to Las Vegas with Jason Brown (GE's West Coast head of Restructuring Finance) and travel back to Los
Hours 0.40 0.80 1.30 1.70 1.80 1.10 0.40 1.30 1.30 0.80 1.50 1.20 1.60 0.80 1.40 1.40 6.00 0.70 1.30 0.50 1.50 1.30 6.00
Date 10/29/10 10/29/10 10/29/10 10/29/10 10/29/10 10/29/10 10/29/10 10/29/10
Consultant NC NC NC NC NC NC NC NC
Description of Services Angeles. Preparation for and call with Moelis to discuss financial projections, status, and open items. Reviewed and approved wires in Bank of America CashPro. Reviewed and approved open POs and A/P workflow items in JD Edwards. Follow-up on open questions from FTI on Draw Request #3, and related discussions. Reviewed draw request #5 on Five Mile loan and related support. Reviewed open issues related to property tax payments, and related discussions. Reviewed and finalized updated draft of Monthly Operating Report, and related discussions. Review and final approved of check run. Total Hours
Hours 0.80 0.40 1.20 1.30 1.90 0.80 1.40 1.30 160.70
Date 07/27/10 07/29/10 09/02/10 09/06/10 09/07/10 09/07/10 09/09/10 09/10/10 09/10/10 09/10/10 09/10/10 09/10/10 09/13/10 09/13/10 09/13/10 09/14/10 09/14/10 09/15/10 09/15/10 09/15/10 09/15/10 09/15/10 09/16/10 09/16/10 09/16/10 09/16/10 09/16/10
Disbursement Description Conference Calls - - VENDOR: InterCall Todd Brents Conference Calls - - VENDOR: InterCall Todd Brents Cab Fare/Ground Transportation - - VENDOR: Executive Car Service, Inc. Ray Adams Cab Fare/Ground Transportation - - VENDOR: Executive Car Service, Inc. Ray Adams Airfare Raymond Adams 2010-09-09 PBI - DFW Airfare Service Charge Todd Brents Conference Calls - - VENDOR: InterCall Ray Adams Airfare Service Charge Todd Brents Airfare Service Charge Todd Brents Airfare Service Charge Todd Brents Airfare Todd Brents 2010-09-13 CLT - PBI Airfare Todd Brents 2010-09-15 FLL - LGA Airfare Service Charge Todd Brents Cab Fare/Ground Transportation - - VENDOR: Executive Car Service, Inc. Ray Adams Lodging Todd Brents Hyatt Hotels - West Palm Beach 09/13/2010 09/15/2010 Cab Fare/Ground Transportation Todd Brents Home To Clt Meals - Engagement Team Todd Brents - Dinner - Ray Adams; Kurt Beckeman; Caleb Van Dyke (client); Stanton Maines (client) Airfare Service Charge Raymond Adams Airfare Raymond Adams 2010-09-19 DFW - PBI Conference Calls - - VENDOR: InterCall Ray Adams Meals - Engagement Team Raymond Adams - Dinner - K Beckeman Rental Car Todd Brents 2 Days W. Palm Beach FL Airfare Todd Brents 2010-09-20 CLT - PBI Airfare Service Charge Todd Brents Conference Calls - - VENDOR: InterCall Ray Adams Meals & Tips Todd Brents - Dinner Meals & Tips Raymond Adams - Dinner
Amount 21.66 18.77 94.95 94.95 150.00 13.00 9.99 35.00 10.00 10.00 185.00 209.70 13.00 81.42 238.62 181.40 250.00 10.00 550.40 20.83 79.63 126.08 584.90 10.00 11.26 42.95 46.82
Date 09/17/10 09/17/10 09/17/10 09/19/10 09/20/10 09/20/10 09/20/10 09/20/10 09/21/10 09/21/10 09/22/10 09/22/10 09/23/10 09/23/10 09/23/10 09/23/10 09/24/10 09/24/10 09/24/10 09/24/10 09/26/10 09/27/10 09/27/10 09/27/10 09/27/10 09/27/10
Disbursement Description Gas/Fuel Raymond Adams Cab Fare/Ground Transportation - - VENDOR: Executive Car Service, Inc. Ray Adams Rental Car Raymond Adams 4 Days Palm Beach FL Cab Fare/Ground Transportation - - VENDOR: Executive Car Service, Inc. Ray Adams Airfare Service Charge Raymond Adams Airfare Raymond Adams 2010-09-26 DFW - PBI Lodging Todd Brents Hyatt Hotels - West Palm Beach 09/20/2010 09/23/2010 Meals & Tips Todd Brents - Dinner Cab Fare/Ground Transportation Todd Brents Home To Clt Meals - Engagement Team Todd Brents - Dinner - Ray Adams; Kurt Beckeman Airfare Service Charge Todd Brents Meals - Engagement Team Todd Brents - Dinner - Ray Adams; Nathan Cook; Kurt Beckeman Cab Fare/Ground Transportation - - VENDOR: Executive Car Service, Inc. Ray Adams Gas/Fuel Raymond Adams Rental Car Raymond Adams 4 Days Palm Beach FL Rental Car Todd Brents 3 Days W. Palm Beach FL Airfare Service Charge Todd Brents Airfare Service Charge Todd Brents Cab Fare/Ground Transportation Todd Brents Clt To Home Meals & Tips Todd Brents - Dinner Cab Fare/Ground Transportation - - VENDOR: Executive Car Service, Inc. Ray Adams Airfare Raymond Adams 2010-10-03 DFW - PBI Airfare Service Charge Raymond Adams Conference Calls - - VENDOR: InterCall Kurt Beckeman Conference Calls - - VENDOR: InterCall Kurt Beckeman Meals & Tips Raymond Adams - Dinner
Amount 4.60 94.95 192.08 94.95 10.00 439.40 354.48 9.57 155.00 137.00 10.00 200.00 94.95 4.65 192.08 204.13 10.00 13.00 155.00 2.66 94.95 550.40 10.00 0.30 16.98 48.00
Date 09/28/10 09/28/10 09/28/10 09/29/10 09/29/10 09/30/10 09/30/10 09/30/10 09/30/10 09/30/10 09/30/10 09/30/10 09/30/10 09/30/10 09/30/10 09/30/10 09/30/10 10/01/10 10/01/10 10/01/10 10/01/10 10/01/10 10/01/10 10/01/10 10/02/10 10/02/10 10/03/10 10/03/10 10/03/10
Disbursement Description Airfare Kurt Beckeman 2010-10-04 DTW - FLL Airfare Service Charge Kurt Beckeman Meals - Engagement Team Raymond Adams - Dinner - K Beckeman; N Cook; M Beilinson (client) Airfare Todd Brents 2010-09-29 DFW - LGA Meals - Engagement Team Kurt Beckeman - Dinner - Nathan Cook Airfare Service Charge Todd Brents Airfare Service Charge Kurt Beckeman Airfare Kurt Beckeman 2010-10-11 DTW - FLL Gas/Fuel Raymond Adams Cab Fare/Ground Transportation Todd Brents Lga To Courthouse Cab Fare/Ground Transportation - - VENDOR: Executive Car Service, Inc. Ray Adams Lodging Todd Brents Marriott Hotels - New York 09/30/2010 10/01/2010 Meals & Tips Todd Brents - Dinner Parking & Tolls Kurt Beckeman-Detroit Metro Airport Rental Car Kurt Beckeman 3 Days Ft Lauderdale FL Rental Car Raymond Adams 4 Days Palm Beach FL Research - - VENDOR: Pacer Service Center For 7/1-9/30/2010 Airfare Krishnan Ramachandran 2010-10-03 EWR - PBI Airfare Service Charge Krishnan Ramachandran Airfare Nathan Cook 2010-10-01 MIA - LAX Airfare Service Charge Nathan Cook Cab Fare/Ground Transportation Todd Brents Hotel To LGA Parking & Tolls Nathan Cook-LAX Airport Rental Car Nathan Cook 4 Days Miami FL Meals & Tips Todd Brents - Breakfast Meals & Tips Todd Brents - Dinner Cab Fare/Ground Transportation Krishnan Ramachandran Airport(PBI To Hotel(Hyatt) Cab Fare/Ground Transportation Nathan Cook Client Travel Lodging Krishnan Ramachandran Hyatt Hotels - West Palm Beach
Amount 293.84 10.00 185.70 601.00 83.23 10.00 10.00 225.24 7.90 44.62 94.95 530.21 34.85 80.00 240.98 194.63 44.96 507.49 10.00 1,056.50 30.00 39.06 150.00 350.97 12.39 8.50 25.00 45.00 396.96
Date 10/03/10 10/04/10 10/04/10 10/04/10 10/04/10 10/05/10 10/05/10 10/06/10 10/06/10 10/06/10 10/07/10 10/07/10 10/07/10 10/07/10 10/07/10 10/07/10 10/07/10 10/07/10 10/07/10 10/07/10 10/07/10 10/08/10 10/08/10 10/08/10 10/10/10 10/10/10 10/10/10 10/11/10
Disbursement Description 10/03/2010 - 10/07/2010 Parking & Tolls Nathan Cook Airfare Raymond Adams 2010-10-10 DFW - PBI Airfare Service Charge Raymond Adams Cab Fare/Ground Transportation Todd Brents GSP To Home Meals & Tips Krishnan Ramachandran - Dinner Meals - Engagement Team Kurt Beckeman - Dinner - Raymond Adams Meals& Tips - K Ramachandran - Dinner Airfare Service Charge Krishnan Ramachandran Airfare Krishnan Ramachandran 2010-10-10 EWR - PBI Meals - Engagement Team Krishnan Ramachandran - Dinner Raymond Adams; Kurt Beckeman Airfare Kurt Beckeman 2010-10-25 DTW - FLL Airfare Service Charge Kurt Beckeman Airfare Service Charge Kurt Beckeman Airfare Kurt Beckeman 2010-10-18 DTW - FLL Gas/Fuel Kurt Beckeman Gas/Fuel Raymond Adams Meals & Tips Kurt Beckeman - Dinner Parking & Tolls Kurt Beckeman-Detroit Metro Airport Parking & Tolls Krishnan Ramachandran Rental Car Raymond Adams 4 Days Palm Beach FL Rental Car Kurt Beckeman 3 Days Ft Lauderdale FL Airfare Service Charge Krishnan Ramachandran Airfare Krishnan Ramachandran 2010-10-18 ROA - CLT Airfare Nathan Cook 2010-10-10 LAX - ATL - PBI Cab Fare/Ground Transportation Krishnan Ramachandran Airport PBI to Hotel Hyatt Lodging Krishnan Ramachandran Hyatt Hotels - West Palm Beach 10/10/2010 - 10/14/2010 Meals & Tips Nathan Cook - Dinner Airfare Service Charge Nathan Cook
Amount 180.00 427.40 10.00 61.00 8.52 107.50 55.00 10.00 365.40 165.00 159.40 10.00 10.00 225.24 24.34 8.65 5.15 80.00 58.93 194.63 203.91 10.00 422.80 569.54 34.00 396.96 10.99 13.00
Date 10/11/10 10/11/10 10/11/10 10/11/10
Disbursement Description Airfare Raymond Adams 2010-10-17 DFW - PBI Airfare Service Charge Raymond Adams Meals - Engagement Team Raymond Adams - Dinner - K Beckeman; N Cook; K Ramachandran Meals - Engagement Team Raymond Adams - Lunch - Raymond Adams; K Beckeman; N Cook; K Ramachandran; C Engelhardt (client) Meals - Engagement Team Kurt Beckeman - Dinner - Raymond Adams; Nathan Cook; Krishnan Ramachandran Airfare Nathan Cook 2010-10-14 MIA - LAX Airfare Nathan Cook 2010-10-17 SFO - JFK Airfare Service Charge Nathan Cook Airfare Service Charge Nathan Cook Meals - Engagement Team Krishnan Ramachandran - Dinner Raymond Adams; Nathan Cook; Kurt Beckeman; Cab Fare/Ground Transportation Krishnan Ramachandran Airport To Home Gas/Fuel Kurt Beckeman Gas/Fuel Raymond Adams Parking & Tolls Kurt Beckeman - Detroit Metro Airport Rental Car Kurt Beckeman 3 Days Ft Lauderdale FL Rental Car Nathan Cook 4 Days Palm Beach FL Rental Car Raymond Adams 4 Days Palm Beach FL Airfare Service Charge Kurt Beckeman Airfare Kurt Beckeman 2010-11-01 DTW - FLL Cab Fare/Ground Transportation Nathan Cook Client Travel Meals & Tips Nathan Cook - Dinner - AA Admirals Club Lounge Meals & Tips Nathan Cook - Breakfast - Klein's Deli Meals & Tips Raymond Adams - Dinner Lodging Nathan Cook London Nyc - New York 10/18/2010 10/21/2010 Meals - Engagement Team Kurt Beckeman - Dinner - Raymond Adams
Amount 354.40 10.00 200.84 66.70
10/12/10 10/13/10 10/13/10 10/13/10 10/13/10 10/13/10 10/14/10 10/14/10 10/14/10 10/14/10 10/14/10 10/14/10 10/14/10 10/15/10 10/15/10 10/15/10 10/17/10 10/17/10 10/17/10 10/18/10 10/18/10
220.00 409.56 1,565.70 30.00 30.00 206.27 57.00 12.72 7.30 80.00 204.13 574.69 194.89 10.00 159.40 45.00 12.40 7.10 48.03 1,362.76 91.47
Date 10/19/10 10/19/10 10/19/10 10/19/10 10/19/10 10/20/10 10/20/10 10/20/10 10/20/10 10/21/10 10/21/10 10/21/10 10/26/10
Disbursement Description Airfare Nathan Cook 2010-10-20 LGA - PBI Airfare Service Charge Nathan Cook Cab Fare/Ground Transportation Nathan Cook Client Travel Meals & Tips Nathan Cook - Breakfast Meals - Engagement Team Raymond Adams - Dinner - K Beckeman; K Ramachandran Airfare Service Charge Nathan Cook Airfare Nathan Cook 2010-10-21 MIA - LAX Cab Fare/Ground Transportation Nathan Cook Client Travel Meals & Tips Nathan Cook - Dinner Meals & Tips Nathan Cook - Dinner Rental Car Nathan Cook 1 Day Palm Beach FL Rental Car Raymond Adams 4 Days Palm Beach FL Airfare Raymond Adams 2010-11-01 DFW - PBI Total Disbursements
Amount 535.11 30.00 15.30 10.29 120.04 30.00 967.82 19.00 55.00 14.17 179.83 203.25 364.40 23,855.37
Disbursement Recap: Description Airfare Cab Fare/Ground Transportation Conference Calls Lodging Meals & Tips Parking & Tolls Rental Car Research Total Disbursements Amount 12,307.04 1,692.61 99.79 3,279.99 2,545.77 628.93 3,256.28 44.96 23,855.37
Date 10/01/10 10/01/10 10/01/10 10/03/10 10/04/10 10/04/10 10/04/10 10/04/10 10/04/10 10/04/10
Consultant RJA RJA TBB KR TBB TBB TBB RJA RJA RJA
Description of Services Review creditor matrix for litigation creditors. Telephone call with J Zinman, C Yee, and APLLP team to discus list of Litigation creditors. Respond to vendor inquiries and discuss with purchasing. Reviewed and formatted data to be loaded in to the claims register. Respond to vendor and utility inquiries and discuss with counsel and Eric Ryan. Respond to query from counsel re: information for extension of rejection period for non-residential real estate leases. Respond to query from counsel re: noticing of litigation parties. Telephone call with APLLP team to discuss claims database and items to focus on bankruptcy process. Prepare list of defendants in Litigation with defendant addresses and email same to J Zinman. Telephone call with APLLP team to discuss three workflows, discuss APLLP team focus on claims and contracts, and discuss tentative list of assumptions. Receive and review data to be loaded into the claims register. Review Claims information and standardize data in proper format to be loaded into the register. Receive, Organize and review contract information to be loaded into contracts database. Prepare exhibit for real properly leases using information from contracts data dump. Perform matching of claims and schedules and load it into the claims register. Review claims and schedule matched and load claims into the claims register. Review and receive information regarding filed claims and schedules and format it for claims register load. Coordinate with Claims agent to specify claims format for register load.
Hours 1.20 0.40 3.30 3.00 2.80 1.40 2.20 0.60 1.60 0.50
10/04/10 10/04/10 10/04/10 10/04/10 10/04/10 10/04/10 10/05/10 10/05/10
KR KR KR KR KR KR KR KR
2.10 1.10 1.00 1.80 1.70 0.50 2.20 1.10
Date 10/05/10 10/05/10 10/05/10 10/05/10
Consultant KR KR KR RJA
Description of Services Perform matching of claims and schedules in claims register. Setup claims register tables for loading claims into database. Modify and update exhibits for real property motion to be filed with the court. Update and revise Southeast Morris deposit request analysis due to settlement and email same with utility adequate assurance analysis to A Perez. Prepare list of missing Litigation defendant addresses and email same to E Kentoff. Telephone call with APLLP team to discuss utilities and Eric Ryan's focus on resolving small dollar deposit requests, discuss non-residential real property leases and preparation of exhibit, and discuss litigation list. Respond to inquiries re: utility vendors, tax vendors, cash collateral funding. Prepare CPS Energy deposit request analysis and email same to C Yee. Met with APLLP team to discuss schedule claims, supplier ids, vendor numbers, and match ids, and review list of missing addresses for scheduled claims with no addresses to email same to A Perez. Review Claims report and coordinate with Claims agent to finalize set of fields in claims report. Perform matching of claims and contracts and update claims register. Receive and organize claims information to be loaded into the claims tool. Update real property lease exhibit to be filed with the court. Review filed claims and schedules and update match table with new information. Perform matching of claims and contracts in claims register. Set up tables in claims register for claims load purposes. Review filed claims and schedules and update claims register with information. Update real property motion with new address and property information.
Hours 1.90 1.80 1.10 1.10
10/05/10 10/05/10
RJA RJA
0.80 0.60
10/05/10 10/06/10 10/06/10
TBB RJA RJA
2.80 1.20 1.40
10/06/10 10/06/10 10/06/10 10/06/10 10/06/10 10/07/10 10/07/10 10/07/10 10/07/10
KR KR KR KR KR KR KR KR KR
1.50 1.90 1.80 1.50 1.60 2.90 2.60 2.80 1.00
Date 10/07/10 10/07/10 10/07/10 10/08/10 10/08/10 10/08/10 10/08/10 10/08/10 10/08/10 10/10/10 10/11/10 10/11/10 10/11/10 10/11/10 10/11/10 10/11/10 10/11/10 10/11/10 10/11/10 10/12/10
Consultant KR KR TBB KR KR KR KR KR KR KR KR KR KR KR KR KR RJA RJA RJA RJA
Description of Services Review claims and contracts and add new information to claims database. Review and update claims tables with new information and format claims for register load. Respond to inquiries re: utility vendors, trade vendors. Receive and review information regarding newly filed proof of claims. Perform matching of claims and schedules in claims register. Standardize proof of claims into format to be used for claims register. Perform register updates and deletes to load data in register. Review report sent by claims agent for newly filed proof of claims and update database with the same. Coordinate with claims agent to update proof of claim report. Review claims and schedules and perform matching to claims register. Review and update exhibit for real property leases. Receive Analyze and Organize information related to filed claims. Review claims and schedules and perform matching in claims register. Load schedules into the register and update them with correct category. Match Schedules and update claims register with correct match number. Review and update tables in claims register and write SQL queries to update database. Review non-residential real property lease exhibit. Compare non-residential real property lease exhibit to debtor list by property. Meet with APLLP team to discuss lease schedule; review revised lease exhibit and email exhibit to J Zinman. Meet with APLLP team to discuss claim database status and match table.
Hours 1.10 0.90 1.00 2.00 1.90 1.60 1.30 1.10 0.30 3.00 1.20 1.10 1.80 1.90 1.80 0.60 0.90 0.80 1.40 0.70
Date 10/12/10 10/12/10
Consultant RJA RJA
Description of Services Telephone call with APLLP team to discuss Unsecured Creditor request. Update and revise Richmond deposit request analysis due to settlement and email same with utility adequate assurance analysis to A Perez. Review cash in bank balances as of petition date and email list to APLLP team. Telephone call with City of East Lansing utilities. Telephone call with APLLP team to discuss UCC preference data request and copies of invoices. Update claims register with filed claims and standardize data in required format. Match proof of claims in register and assign them same match numbers for report generation. Receive, Organize and Analyze information related to filed proof of claims. Receive, Organize and Analyze information related to schedules. Update exhibit for motion for real property leases. Receive, Review and Organize information about the newly filed proof of claims. Prepare and attend meeting with claims agent to discuss next steps for claims report. Standardize data in claims register and update tables using SQL queries. Review and organize claims in register and perform matching of similar claims. Review and organize schedules and perform matching of similar schedules. Update motion for real estate leases after feedback from legal counsel. Telephone call with B Bachman to discuss UCC request. Review court dockets for claim withdrawal by Fulton County Tax and claim 4733 confirmation of payment by USEPA for $255k on 8/8/2008. Telephone call with APLLP team to discuss UCC request.
Hours 0.40 0.90
10/12/10 10/12/10 10/12/10 10/12/10 10/12/10 10/12/10 10/12/10 10/12/10 10/13/10 10/13/10 10/13/10 10/13/10 10/13/10 10/13/10 10/13/10 10/13/10
RJA RJA RJA KR KR KR KR KR KR KR KR KR KR KR RJA RJA
0.40 0.60 0.40 1.90 1.60 1.60 1.70 1.30 1.30 0.90 1.90 1.60 1.40 1.00 0.40 0.60
10/13/10
RJA
0.40
Date 10/13/10
Consultant RJA
Description of Services Telephone call with APLLP team to discuss 547 outside ordinary course and new value defenses and who owns preference actions, and discuss status of utilities negotiations. Met with APLLP team to discuss non-residential real property lease exhibit and removal of "sub-leases". Telephone call with utility provider from City of East Lansing to discuss pre/post split for bill. Telephone call with B Bachman to provide update and status of UCC request. Meet with APLLP team to discuss claim issues. Receive, Organize and review information regarding the newly filed proof of claims. Meet with APLLP team to discuss Disbursements for September and netting of credit card fees. Update MOR Disbursement Exhibit. Update claims register with new claims and standardize format in register. Setup tables in claims register for claims categorization. Perform matching of filed proof of claims and update database. Perform matching of schedules and update claims register. Review categorization of claims and update database. Generate claims report and update database with new information. Receive, Analyze and Organize information regarding newly filed proof of claims from Claims agent. Standardize data to be loaded into the claims register. Update Claims register with newly filed proof of claims sent by claims agent. Perform matching of schedules and proof of claims in the register. Setup tables in the claims register and write SQL queries to perform updates. Follow-up and review of vender issue related to payment
Hours 0.50
10/13/10 10/13/10 10/13/10 10/13/10 10/14/10 10/14/10 10/14/10 10/14/10 10/14/10 10/14/10 10/14/10 10/14/10 10/14/10 10/15/10 10/15/10 10/15/10 10/15/10 10/15/10 10/15/10
RJA RJA RJA RJA KR RJA RJA KR KR KR KR KR KR KR KR KR KR KR KJB
1.20 1.10 0.40 1.10 1.60 0.50 1.10 2.20 2.20 2.20 1.60 0.80 0.50 2.00 1.80 1.70 1.60 1.00 1.20
Date 10/18/10 10/18/10 10/18/10 10/18/10 10/18/10 10/18/10 10/19/10 10/19/10 10/19/10 10/19/10 10/19/10 10/19/10 10/19/10 10/19/10 10/19/10 10/20/10 10/20/10 10/20/10 10/20/10 10/20/10
Consultant KR KR KR KR KR KR KR KR KR KR KR KR RJA RJA RJA KJB TBB RJA RJA KR
Description of Services timing. Receive, Review and Organize information regarding the newly filed proof of claims to load in claims register. Perform updates in claims register for proof of claims. Update Tables in register and write SQL queries for performing updates. Perform matching of claims with other claims in match table. Perform matching of schedules in match table. Review and update claims register categorization tables for reporting purpose. Prepare and attend meeting with Claims Agent to discuss format for reporting. Perform matching of claims and Schedules in Match table. Update tables and categories in Claims register for reporting purpose. Review and Update Claims tool with newly filed claims. Perform maintenance of Claims report to ensure addition of new claims in report. Setup Contracts table in Claims register and identify fields to be added to the database. Meet with L Price to discuss LSTC and real estate tax accruals, and discuss real estate taxes pre/post. Update and revise County of Henrico utility analysis. Update and revise Washington Gas utility analysis. Follow-up on open vender payment issue with attorney and general counsel. Prepare for and attend call with Eric Ryan re: utility adequate assurance and billing issues. Participate on conference call with Eric Ryan, C Yee, and APLLP team to discuss utility vendor deposit issues. Met with APLLP team to discuss claims and objection process. Receive, Analyze and Organize information related to filed proof of claims and schedules.
Hours 3.10 2.90 2.10 1.10 1.20 0.80 1.60 1.90 1.10 1.10 1.20 1.30 0.50 0.80 0.90 0.60 0.80 0.60 0.70 1.90
Date 10/20/10 10/20/10 10/20/10 10/20/10 10/21/10 10/21/10 10/21/10 10/21/10 10/21/10 10/21/10 10/21/10 10/21/10 10/21/10 10/22/10 10/22/10 10/22/10 10/22/10 10/22/10 10/22/10 10/25/10 10/25/10 10/25/10
Consultant KR KR KR KR KR KR KR KR KR KR RJA RJA RJA KR KR KR KR KR KR KR KR KR
Description of Services Perform matching of Claims and Schedules and update Match table. Standardize data to be loaded into the claims register. Update Claims register table with new claims data and run queries to generate report. Analyze data in Claims register and update reports to add newly filed proof of claims. Receive, Organize and Analyze information regarding the newly filed proof of claims. Standardize data and update claims register with newly filed proof of claims. Perform matching of claims and schedules in tool. Setup tables in register for mass data loads and report generation. Update real property lease exhibits with new information based on feedback from counsel. Review and finalize report in claims register and discuss the same with AP team. Review request for information from Champion Energy on the bankruptcy from Omni and email same to A Perez. Added Interdebtor subleases for the three ground leases to the non-residential real property lease exhibit. Telephone call with APLLP team to discuss claims / objections workstream and preference issues. Receive, Organize and Analyze information regarding the newly filed proof of claims. Standardize data format for Claims register load. Load newly filed claims into Claims register. Prepare and attend meeting with Claims Agent to finalize report format for Claims. Perform matching of Claims and Schedules in register. Setup tables in Claims register for data load. Standardize data in Claims register for report generation. Perform matching of Claims and Schedules in register. Setup tables and write SQL queries to generate claims
Hours 1.80 1.70 1.50 1.40 2.90 2.30 2.80 1.30 1.50 1.10 0.60 0.80 0.60 1.90 1.80 1.50 1.00 1.50 0.90 1.90 1.20 3.10
Date 10/25/10 10/25/10 10/25/10 10/25/10 10/25/10 10/25/10 10/25/10 10/25/10 10/26/10 10/26/10 10/26/10 10/26/10 10/26/10 10/26/10 10/26/10 10/26/10 10/26/10 10/26/10 10/26/10 10/26/10 10/26/10
Consultant KR KR KR RJA RJA RJA RJA KJB TBB RJA RJA RJA RJA RJA RJA KR KR KR KR KR KR
Description of Services report. Review Claims information to setup objections. Setup tables in claims register to prepare objection chart. Review contract list and setup contract database tables for storing and managing contracts. Prepare exhibit for MOR with calculation for US Trustee quarter fees. Review list of utility vendor issues from Eric Ryan. Update and revise September MOR. Prepare utility analysis for adequate assurance deposit for the City of Ft Lauderdale. Followed up on open vender issues related to Atlantic City. Review draft of September MOR and provide feedback to working group. Telephone call with APLLP team to discuss Disbursement exhibit for MOR. Update distribution schedule by pool, and update MOR disbursement exhibit. Update September MOR report. Telephone call with J Zinman to discuss utility company for City of Cherry Hill not to bifurcate pre/post periods. Review LSTC accounts and adequate protection payments. Prepare OCP update to exhibit with general description of service rendered by OCP. Receive, Analyze and Organize information regarding claims to be loaded to the register. Perform matching of Claims and Schedules in claims register. Update Claims register with newly filed proof of claims. Write SQL queries and setup tables to generate objections for claims. Generate reports for filed proof of claims and schedules from the claims register. Prepare report for US trustee fees based on disbursement information.
Hours 2.70 2.60 0.60 1.60 0.70 2.30 0.70 0.80 1.20 0.40 1.70 2.10 0.40 1.60 0.90 1.80 1.80 1.20 1.40 0.90 1.50
Date 10/27/10 10/27/10 10/27/10 10/27/10 10/27/10 10/27/10 10/27/10 10/27/10 10/27/10 10/28/10 10/28/10 10/28/10 10/28/10 10/28/10 10/28/10 10/28/10 10/28/10 10/28/10 10/28/10 10/29/10 10/29/10 10/29/10 10/29/10
Consultant KR KR KR KR KR KR KR RJA KJB TBB RJA RJA RJA KR KR KR KR KR KR KR KR KR KR
Description of Services Update report for payments to ordinary course professionals. Review claims report sent by claims agent for changes from old version. Receive, organize and analyze information for claims register report generation. Review and update report for Claims Summary and estimate. Perform matching of Claims and schedules in register. Prepare and attend meeting with AP team to discuss Claims register Categories and finalize objection report. Update Claims Categorization table in register. Telephone call with APLLP team to discuss claims / objections workstream and preference issues. Follow-up on vender issues related bankruptcy. Respond to correspondence from taxing authorities/vendor deposit requests. Update September MOR report. Telephone call with J Zinman to discuss MOR and cash collateral footnote. Telephone call with APLLP team to discuss cash collateral footnote. Perform matching of newly filed proof of claims and schedules. Setup tables in claims register for report generation. Update Claims register tables with newly filed proof of claims. Receive, Organize and Analyze information regarding the newly filed proof of claims. Update report for US trustee fees. Setup tables in contract database for contracts load. Perform matching of newly filed proof of claims. Standardize information in Claims register regarding newly filed proof of Claims. Setup tables in claims register for report generation purpose. Perform maintenance of Claims register and update tables
Hours 0.90 1.70 1.60 1.00 1.70 1.20 0.70 0.60 0.90 0.80 1.60 0.40 0.40 2.80 2.60 2.40 1.20 1.00 1.10 1.90 1.60 1.30 1.50
Date 10/29/10 10/29/10 10/29/10 10/29/10 10/29/10
Consultant KR KR RJA RJA RJA
Description of Services for newly filed claims. Review and update Claims register with new categories for newly filed claims. Prepare Objection table by analyzing claims from register. Update and revise MOR report, and add signature page. Telephone call with APLLP team to discuss MOR and LSTC. Telephone call with J Zinman to discuss MOR. Total Hours
Hours 1.50 0.60 0.60 0.50 0.40 256.50
Fee Recap: Consultant Todd Brents Kurt J Beckeman Raymond J Adams Krishnan Ramachandran Total Hours & Fees Hours 16.30 3.50 45.60 191.10 256.50 Rate 760.00 620.00 580.00 270.00 Amount 12,388.00 2,170.00 26,448.00 51,597.00 92,603.00
Date 10/01/10
Consultant RJA
Description of Services Prepare list of Fixed DIP PIP purchase order list by property for Sili I, San Diego, Tyson's, Mt View, Portland, Saddle River, and San Mateo. Telephone call with APLLP team to discuss Five Mile Draw Request process and review Draw Request Form. Update Fixed DIP PIP purchase order list, verify against BW Pos, and email same to C Engelhardt, M Murphy, and M Beilinson. Reviewed cash balances and activity by legal entity. Finalized draft August Application report and reconciled monthly reporting to weekly reports. Prepare email notification for Innkeepers 5 Mile PIP eroom. Prepare usernames and passwords for 15 users for 5 Mile PIP eroom. Update Fixed DIP PIP purchase order list and verify against BW Pos. Telephone call with MA Oblaczynski to discuss Draw request for Baker construction, T Pinn, and BW. Met with M Murphy and M Beilinson to discuss Benjamin West's PO, discuss status of Gatehouse purchase orders and items not ordered, and discuss granite, plumbing, exercise equipment. Telephone call with B Martin to discuss budget for corridors which includes both Labor and Material. Update Fixed DIP PIP PO list with open purchase orders for FF&E for job cost analysis comparison to budget. Met with C Engelhard to discuss Gatehouse's Benjamin West purchase order status. Reconciled weekly cash activity. Updated weekly cash model for additional information and assumptions. Reviewed 2010 monthly forecast model. Follow-up on Floating Pool information request Prepared for and attended conference call with Unsecured Creditors financial advisor to discuss cash model assumptions.
Hours 3.10
10/01/10 10/01/10
RJA RJA
0.80 3.10
10/01/10 10/01/10 10/01/10 10/01/10 10/03/10 10/04/10 10/04/10
KJB KJB CG CG RJA RJA RJA
2.10 2.30 1.00 2.00 4.10 0.50 1.60
10/04/10 10/04/10 10/04/10 10/04/10 10/04/10 10/04/10 10/04/10 10/05/10
RJA RJA RJA KJB KJB KJB KJB KJB
0.40 3.10 1.30 3.40 3.80 3.70 0.70 0.80
Date 10/05/10 10/05/10 10/05/10 10/05/10 10/05/10 10/05/10 10/05/10 10/05/10 10/05/10 10/05/10
Consultant KJB KJB KJB KJB KJB KJB RJA RJA RJA RJA
Description of Services Reviewed and researched weekly payments for proper allocation to the various debt pools. Updated weekly model for daily revenue information and support. Prepared for and attended conference call with Moelis to discuss 2010 Monthly Forecast. Updated August Application report for latest information. Follow-up on business plan discussion including basic reconciliation to prior months actual results. Met with Island staff to discuss unknown cash transactions and determine how to record transactions. Review purchase orders for fitness equipment. Met with C Engelhardt to discuss GC bids. Review TriMont floating PIP analysis and email same to C Engelhardt. Update Fixed DIP PIP purchase order list for Window treatments and drapery orders and compare PO list to BW NTPs. Review list of Innkeepers POs for Granite, Gatehouse, Corridors, and Guestrooms and compare to BW's NTPs. Participate in meeting with MA Oblaczynski, L Price, and C Engelhardt to discuss POR process, discuss narrative matrix for SOX compliance documentation, and discuss documenting process flow and controls in approval process. Participate in meeting with M Murphy, M Beilinson, C Engelhardt to discuss Exterior and Stairwells budget comparison to GC bids, discuss reallocation of budgets, and discuss Fixed DIP PIP purchase order list and in TV infrastructure in Job Costing analysis. Prepare for and participate on conference call with Moelis financial advisors and C Engelhardt to discuss PIPs timeline and budgeting for revenue forecast and capital purchases. Review discrepancies for Granite for Sili I from purchases to budget amount and email same to B George for explanation. Telephone call with C Engelhardt to discuss claims and silos and discuss plumbing costs.
Hours 3.80 2.30 1.10 0.70 0.80 0.70 0.70 0.80 0.80 2.10
10/05/10 10/06/10
RJA RJA
3.10 1.10
10/06/10
RJA
1.40
10/06/10
RJA
0.80
10/06/10 10/06/10
RJA RJA
0.90 0.40
Date 10/06/10 10/06/10 10/06/10 10/06/10 10/06/10 10/06/10
Consultant RJA RJA KJB KJB KJB KJB
Description of Services Update Fixed DIP PIP PO list with gatehouse Benjamin West Pos. Review list of TV analysis by property. Follow-up on property tax payment issue. Completed draft of September 30 Flash report. Completed draft of historical cash flows by legal entity. Follow-up on open financial reporting issues related to property tax payments, cash disbursements and other items with corporate controller. Revised debt schedule for monthly model to reflect cash payments by legal entity and month. Finalize September 30 flash report and supporting documents. Reviewed weekly check disbursements. Reconciled August receipts to revenues. Updated legal entity cash flow analysis for August. Updated weekly cash model for additional pool allocation information. Meet with C Engelhardt to discuss asset capitalization decisions. Review TV analysis update Tyson's, San Diego, Gaithersburg, Anaheim Orange, and Las Colinas. Telephone call with M Beilinson to discuss S Frey's request. Prepare for and participate on conference call with Lehman consultants, S Frey, M Murphy, M Beilinson, C Engelhardt, and B Martin to discuss Floating PIP properties. Meet with B Martin to discuss Harrisburg PO list and job costing. Meet with M Murphy and M Beilinson to discuss TRS, TRC, Ontario, Four Points, and Addison. Participate in meeting with Marriott construction managers and Innkeepers purchasing managers to discuss Marriott properties PIPs. Prepare Floating DIP PIP PO List Job Costing for Ontario and Harrisburg.
Hours 2.10 0.40 0.50 1.80 4.10 2.10
10/06/10 10/07/10 10/07/10 10/07/10 10/07/10 10/07/10 10/07/10 10/07/10 10/07/10 10/07/10
KJB KJB KJB KJB KJB KJB RJA RJA RJA RJA
1.60 3.70 2.30 1.80 2.50 0.90 0.50 2.10 0.40 0.90
10/07/10 10/07/10 10/07/10
RJA RJA RJA
0.80 0.60 3.10
10/07/10
RJA
3.10
Date 10/08/10 10/08/10 10/08/10
Consultant RJA RJA RJA
Description of Services Update and revise Harrisburg Budget to PO comparison. Update and revise Ontario Budget to PO comparison. Telephone call with B Martin and M Murphy to discuss Harrisburg's Job Cost analysis and Budget to PO comparison. Telephone call with B Martin to discuss status of Ontario's GC estimates and preliminary job cost analysis. Updated weekly cash model for next week activity. Updated historical cash analysis to include August 2010. Update Fixed DIP PIP PO List from updated Pos, estimated GC selected bid costs, and other costs. Update Fixed DIP PIP PO list with selected GC bid amounts. Update Labor to Budget comparison. Meet with M Murphy and B Martin to discuss Ontario and Harrisburg budget and cost estimates, and discuss Addison warehouse visit by T Wall. Meet with M Beilinson to discuss Floating DIP comparison to budget. Completed weekly reconciliation of bank activity to prepare for weekly cash flow model. Update weekly cash model for current week activity and prepare variance analysis. Prepare draft Flash report for October period. Prepare final draft of August Application report with revised allocation information. Follow-up on open information requests from Island Management related to cash activity. Completed weekly sales analysis by debt pool. Updated 13 weekly cash forecast for latest assumptions and information. Developed summary of historical cash flow analysis for presentation to senior management. Prepared for and attended meeting with senior management to discuss historical cash flow analysis and current cash
Hours 2.10 2.30 0.80
10/08/10 10/08/10 10/08/10 10/10/10 10/11/10 10/11/10 10/11/10
RJA KJB KJB RJA RJA RJA RJA
0.90 1.80 2.10 4.10 2.60 2.10 1.40
10/11/10 10/11/10 10/11/10 10/11/10 10/11/10 10/11/10 10/12/10 10/12/10 10/12/10 10/12/10
RJA KJB KJB KJB KJB KJB KJB KJB KJB KJB
0.60 3.70 3.40 3.10 0.90 0.70 1.30 2.80 3.20 1.60
Date 10/12/10 10/12/10 10/12/10
Consultant KJB RJA RJA
Description of Services forecast. Follow-up on information request with Island Management. Update Fixed PIP DIP PO List for BW change orders and window treatment orders for Tyson's Corner and Portland. Update and revise Budget rollups to include life fitness budget amounts, and update Labor guestroom and gatehouse job codes and cost codes. Telephone call with B Martin to discuss Denver downtown, studio 1200, GC estimates, and Herb Cumming's estimates. Prepare Denver Downtown Budget. Update TV list with other properties. Telephone call with B Martin to discus Denver Downtown Budget and Stucco repair costs. Telephone call with C Engelhardt to discuss Denver Downtown budget and update/revise budget. Meet with MA Oblaczynski to discuss Budget upload and job cost codes. Prepared for and attended conference call with lenders to discuss cash forecast assumptions and methodology. Completed final version of August Application report. Reviewed and researched unallocated payments to identify proper pool for allocation. Completed final version of September Flash report. Follow-up on creditor information requested regarding August results and cash flows. Researched vender payment issue related to Atlantic City parking. Reviewed bank account balances as of 7/18 compared to historical cash analysis. Prepare Morristown PIP budget. Telephone call with B Martin to discuss update and revisions to Ontario budget. Telephone call with E Chung to discuss TV list and update with Floating properties. Update and revise Ontario and Harrisburg PIP bridge
Hours 0.90 1.40 1.60
10/12/10 10/12/10 10/12/10 10/12/10 10/12/10 10/12/10 10/13/10 10/13/10 10/13/10 10/13/10 10/13/10 10/13/10 10/13/10 10/13/10 10/13/10 10/13/10 10/14/10
RJA RJA RJA RJA RJA RJA KJB KJB KJB KJB KJB KJB KJB RJA RJA RJA RJA
0.90 1.60 1.10 0.60 0.50 0.80 0.90 2.10 2.30 1.80 1.10 0.70 0.90 2.30 0.70 0.40 2.90
Date 10/14/10 10/14/10 10/14/10 10/14/10 10/14/10 10/14/10 10/14/10 10/14/10 10/14/10 10/14/10 10/14/10 10/15/10 10/15/10
Consultant RJA RJA RJA RJA KJB KJB KJB KJB KJB KJB KJB RJA RJA
Description of Services analysis recap. Review Westin Morristown PIP HPH budget. Prepare for and participate on weekly Floating Cap Ex update call. Review Sili I PIP draw request. Telephone call with B Martin to discuss C Dochat response to differences. Completed September payment file for Monthly Operating reporting process. Completed high level analysis of August revenues vs August deposits. Completed wire instructions and amounts for 10/15 application report disbursement. Reviewed weekly cash disbursement run for KPA and TRS. Follow-up on Island information request. Follow-up on Atlantic City vender issue. Reviewed PIP -DIP funding activity and spending to integrate activity into the cash model and forecast. Review DIP Job Cost number/accounts. Participate on conference call with FTI, B Martin, and C Engelhardt to discuss purchasing fees and previous invoiced requisitions, and discuss queries to Fixed DIP requests. Update Fixed DIP PIP PO List with update Pos. Telephone call with C Engelhardt to discuss C Dochat's questions and responses. Update and revise Five Mile's website with BW Pos. Update and revise Five Mile's GP Fixed Lessee LLC 10-0810 submit PIP request. Telephone call to M A Oblaczynski to discuss revisions. Updated weekly model for current week activity. Completed outstanding check analysis and reconciled to weekly cash flow model. Researched September payments to complete allocation of September payments by debt pool. Update Floating PIP DIP PO List and update Fixed PIP DIP
Hours 1.30 1.70 2.20 1.80 3.50 2.70 0.90 1.60 0.70 0.70 1.30 1.10 0.80
10/15/10 10/15/10 10/15/10 10/15/10 10/15/10 10/15/10 10/15/10 10/15/10 10/17/10
RJA RJA RJA RJA RJA KJB KJB KJB RJA
1.60 0.70 1.20 2.50 0.50 1.30 1.50 1.70 4.10
Date 10/18/10 10/18/10 10/18/10 10/18/10 10/18/10
Description of Services PO List. Meet with M Beilinson and M Murphy to discuss Ontario and Harrisburg, and discuss draws in excess of Pos. Participate on conference call with C Dochat to discuss Cycle PIPs in Moelis model and deferred capex spend. Telephone call with MA Oblaczynski to discuss timeline in draw request processing, and discuss exterior and fire safety. Telephone call with E Chung to discuss change orders. Telephone call with C Engelhardt to discuss Cycle Renovation and Incomplete PIP evaluations, and discuss default notices. Review Five Mile disbursement agreement to determine reporting requirements for retainage. Update PIP DIP budget numbers with freight for guestroom, gatehouse, and corridors, and recalculate allocation of overage to line items. Review BW forecast for gatehouse, and reconciled change for Appliances and Food Storage Components. Telephone call with MA Oblaczynski to discuss POR process and documentation. Telephone call with T Woodward to discuss POR process and documentation. Completed reconciliation of weekly cash activity to Bank Statement. Updated weekly model for current week actual activity and reconciled to bank activity. Reviewed and investigated payments to determine proper debt pool allocation. Updated 13-week cash flow forecast to reflect latest information and assumptions. Analyzed and completed various cash flow scenarios. Completed analysis of covenant test and potential scenario impacts on covenants. Completed draft of October Flash Report. Completed presentation regarding cash forecast and activity for presentation to senior management.
Hours 0.60 0.70 0.50 0.50 0.60
10/18/10 10/18/10
RJA RJA
1.10 2.90
10/18/10 10/18/10 10/18/10 10/18/10 10/18/10 10/18/10 10/19/10 10/19/10 10/19/10 10/19/10 10/19/10
RJA RJA RJA KJB KJB KJB KJB KJB KJB KJB KJB
1.70 0.40 0.50 3.90 3.90 3.80 2.70 3.70 1.60 1.30 1.30
Date 10/19/10 10/19/10 10/19/10 10/19/10 10/19/10 10/19/10 10/19/10 10/19/10 10/20/10 10/20/10 10/20/10 10/20/10
Consultant RJA RJA RJA RJA RJA RJA RJA RJA RJA RJA RJA RJA
Description of Services Telephone call with L Price to discuss PO process and POR process, and discuss SOX narratives on control matrix. Review Draw request number 3. Telephone call with B Martin to discuss Ontario's budget. Review Mt View draw request and comparison to budget to updated flash report. Telephone call with B Martin to discuss schedule of phases. Review Tyson's Corner draw request and comparison to budget to updated flash report. Update Fixed PIP DIP PO List for change orders and issued Pos. Update Floating PIP DIP PO List for change orders and issued Pos. Telephone call with B Martin to discuss Ontario's budget. Update Morristown budget and meet with B Martin to discuss open items. Meet with M Murphy and B Martin to discuss Ontario challenges and issues. Meet with B Martin to discuss Addison matrix from BW and warehouse inventory, and discuss project manager meeting GC next week. Telephone call with E Chung to discuss status of warehouse inventory and BW FF&E matrix. Telephone call with M Beilinson to discuss Addison and Cycle Renovation project, and discuss assumptions and scope. Telephone call with E Chung to discuss Cycle Renovation for BW matrix on softgoods. Telephone call with B Martin to discuss labor rates for regions and by hotel type. Prepare Cycle Renovation schedule. Review draw request number 4. Meet with MA Oblaczynski to discuss changing name of cost code to plumbing hardware from bath hardware, and adding freight as a cost code under Guestrooms, Gatehouse , and Corridors.
Hours 0.50 0.70 0.40 0.70 0.40 0.80 1.20 1.10 0.40 0.70 0.50 0.60
10/20/10 10/20/10
RJA RJA
0.60 0.70
10/20/10 10/20/10 10/20/10 10/20/10 10/20/10
RJA RJA RJA RJA RJA
0.40 0.40 1.60 1.50 1.10
Date 10/20/10 10/20/10 10/20/10 10/20/10 10/20/10 10/20/10 10/21/10 10/21/10 10/21/10 10/21/10 10/21/10 10/21/10 10/21/10 10/21/10 10/21/10 10/21/10 10/21/10 10/21/10 10/21/10
Consultant RJA KJB KJB KJB KJB KJB KJB KJB KJB KJB KJB KJB KJB KJB RJA RJA RJA RJA RJA
Description of Services Telephone call with C Engelhardt to discuss C Dochat's questions. Prepared for and attended meeting with senior management to discuss cash forecast and scenarios. Reviewed and researched payments to identify proper pool to allocate expenses to. Reviewed and analyzed year to date results and revenues impact on expenses. Updated draft of September Application report for review with senior management. Updated 13-week forecast model to reflect comments from senior management and additional information. Reviewed historical results by hotel to understand impact of revenues on expenses. Met with Accounts Payable to discuss payment timing and potential adjustments to vender terms. Reviewed property tax payment assumptions and met with accounting team to review supporting detail. Follow-up on Lehman information request regarding August results. Completed Franchise Fee analysis to update 13-week Model for January 2011. Reviewed and answered FTI information request related to Corporate Overhead forecast and September Flash Report. Reviewed weekly disbursements prior to release. Completed analysis of accrued professional fees for September 2010 financial reporting. Review Fixed DIP Draw #4 request. Telephone call with C Engelhardt to discuss Cycle Renovations and TV installation costs. Telephone call with G Gordon to discuss matrix for softgood renovation for Residence Inn and Hampton Inn. Telephone call with T Woodward to discuss sales tax on material for GC. Meet with MA Oblaczynski to discuss flash report.
Hours 0.60 1.20 2.30 2.30 1.20 2.10 3.80 0.90 1.10 0.90 2.10 1.30 1.30 0.70 2.90 0.80 0.60 0.60 1.10
Date 10/21/10 10/21/10 10/21/10 10/21/10 10/21/10 10/22/10 10/22/10 10/22/10 10/22/10
Consultant RJA RJA RJA RJA RJA RJA RJA RJA RJA
Description of Services Telephone call with E Chung to discuss negotiations with LG Electronics. Telephone call with M Beilinson to discuss Ontario and Harrisburg budget. Update Fixed DIP PIP PO List with significant changes and Sili I change order for building permit. Telephone call with B Martin to discuss Ontario microwave issue. Review breakdown for sales tax on materials for Guestrooms, Gatehouse, and Exterior. Telephone call with APLLP team to discuss Flash report and cover page for Schedule 2 and requirements for Five Mile. Telephone call with MA Oblaczynski to discuss issues with flash report and draw request. Review draft request for Five Miles. Participate on conference call with S Frey with Lehman, M Murphy, M Beilinson, B Martin, and APLLP team to discuss Lehman properties. Completed Pre/Post cash disbursement analysis for September Monthly Operating Report. Updated various models to reflect current week activity for KPA account. Completed FTI data request related to 13-week forecast. Reviewed hotel profit and loss statements and summarized variances. Summarized Lehman question responses. Reconciled weekly cash activity. Updated and extended 13 week model based on weekly activity and new assumptions. Researched miscellaneous payments to identify correct pool for allocation. Completed information request related SGA expenses for Fixed Pool advisor. Update Fixed DIP PIP PO Cost estimates for GC sales tax. Telephone call with C Engelhardt to discuss draw payment
Hours 0.40 0.40 2.30 0.60 0.40 0.60 0.70 2.30 0.80
10/22/10 10/22/10 10/22/10 10/22/10 10/22/10 10/25/10 10/25/10 10/25/10 10/25/10 10/25/10 10/25/10
KJB KJB KJB KJB KJB KJB KJB KJB KJB RJA RJA
1.20 1.60 0.40 2.40 1.40 3.50 3.70 2.80 0.70 1.70 0.50
Date 10/26/10 10/26/10
Consultant RJA RJA
Description of Services process. Telephone call with M Murphy to discuss Harrisburg's JMC invoices. Telephone call with C Engelhardt to discuss Summerfield suites and Residence Inn corridors and discuss Tyson's Corner. Telephone call with M Murphy to discuss status of capital projects and PIP cycle renovations. Prepare Cycle Renovation schedule. Reviewed Island Management fee and SGA run rate. Updated weekly model and flash report for latest sales and occupancy tax data. Completed final version of Flash Report for first half of October. Finalized preliminary September Application report and supporting schedules. Finalized September Variance report and covenant tests. Completed August Flow-Through analysis for discussion with senior management. Reviewed real estate tax assumptions and payment due dates and adjusted weekly cash flow model. Reviewed January 2011 Sales estimate and refined weekly model sales assumptions. Updated model to reflect PIP-DIP spending and cash receipts. Telephone call with C Engelhardt to discuss adjustments to PIP cycle renovation; discuss Hampton Prefect Mix Lobby and Marriott CY Bistro projects. Update and revise Cycle Renovation schedule. Telephone call with M Murphy to discuss cycle PIPs. Telephone call with APLLP team to discuss Fixed DIP PIP Draw issues. Prepare for and participate on conference call with Lehman, B Martin, M Murphy, and C Engelhardt to discuss Ontario and Harrisburg budget analysis and draw 16/17 request.
Hours 0.40 0.60
10/26/10 10/26/10 10/26/10 10/26/10 10/26/10 10/26/10 10/26/10 10/27/10 10/27/10 10/27/10 10/27/10 10/27/10
RJA RJA KJB KJB KJB KJB KJB KJB KJB KJB KJB RJA
0.40 3.10 1.70 2.20 3.10 2.30 1.90 4.30 1.90 1.30 1.20 0.70
10/27/10 10/27/10 10/27/10 10/28/10
RJA RJA RJA RJA
2.10 0.40 0.40 0.80
Date 10/28/10
Consultant RJA
Description of Services Telephone call with C Engelhardt to discuss Addison and Morristown budgets and CY Bistro program for Cycle renovations. Update and revise Cycle Renovation schedule. Telephone call with APLLP team to discuss C Dochat's questions and responses. Telephone call with C Engelhardt to discuss responses to questions from FTI. Telephone call with B Martin to discuss Troy SE budget. Telephone call with M Murphy to discuss cycle PIPs. Update and revise Cycle Renovation schedule. Telephone call with M Beilinson to discuss Cycle PIPs and aggregate totals compared to Moelis estimates. Update September MOR report. Review draw request number 5. Telephone call with C Engelhardt to discuss assignment letter and no contracts for Designer Title. Updated Flow-Through analysis to reflect September results. Reviewed the weekly cash disbursements. Reviewed current week spending to estimate funds to spend by end of the week. Prepared for and attended conference call to discuss cash flows with senior management. Reviewed capital spending estimate and updated model for new project. Answered follow-up questions by Fixed Pool advisor. Met with Island staff to discuss payment timing and required steps to fund insurance deposit. Updated and tested covenants for October spending forecast. Updated historical EBITDA analysis to compare to budget and September 2010. Updated 13-week cash model to reflect latest professional fee assumptions. Total Hours
Hours 0.50
10/28/10 10/28/10 10/28/10 10/28/10 10/28/10 10/28/10 10/28/10 10/28/10 10/28/10 10/28/10 10/28/10 10/28/10 10/28/10 10/28/10 10/28/10 10/28/10 10/28/10 10/29/10 10/29/10 10/29/10
RJA RJA RJA RJA RJA RJA RJA RJA RJA RJA KJB KJB KJB KJB KJB KJB KJB KJB KJB KJB
1.10 0.40 0.50 0.40 0.40 0.90 0.40 0.90 1.30 0.50 2.80 1.80 2.40 0.90 1.80 0.70 0.70 2.40 2.60 0.90 352.30
Fee Recap: Consultant Kurt J Beckeman Raymond J Adams Carole Grayson Total Hours & Fees Hours 196.70 152.60 3.00 352.30 Rate 620.00 580.00 225.00 Amount 121,954.00 88,508.00 675.00 211,137.00

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Obj. Due: December 27, 4:00 p.m.

In re: INNKEEPERS USA TRUST, et al., Debtors.

Chapter 11 Case No. 10-13800(SCC) Jointly Administered

Dated: December 10, 2010

/s/ Nathan Cook Nathan Cook AP Services, LLC

In re INNKEEPERS USA TRUST, et al., Debtors.

Chapter 11 Case No. 10-13800(SCC) Jointly Administered

Dated: December 10, 2010

/s/ Nathan Cook Nathan Cook AP Services, LLC

Fees 219,364.00 $ 533,538.00 481,035.00 417,837.00 1,651,774.00 $ (115,477.45) 1,536,296.55 $

Expenses 13,253.94 23,391.78 25,879.87 23,855.37 86,380.96 86,380.96

TOTAL 232,617.94 556,929.78 506,914.87 441,692.37 1,738,154.96 (115,477.45) 1,622,677.51

Name of Professional Nathan Cook

July-10 $ 6,857.54 798.60 1,661.43 967.66 1,275.00 410.50 1,283.21 $ 13,253.94

August-10 8,124.30 2,145.45 6,380.06 2,880.98

September-10 $ 13,150.05 739.89 6,278.93 2,134.80 983.79 2,592.41 25,879.87

673.00 3,187.99 $ 23,391.78

October-10 $ 12,307.04 1,692.61 3,279.99 2,545.77 144.75 628.93 3,256.28 $ 23,855.37

TOTAL 40,438.93 5,376.55 17,600.41 8,529.21 1,419.75 2,696.22 10,319.89 86,380.96

Federal Tax Id 38-3622570

Hours 2.30 113.70 40.00 91.70 3.80 79.20 330.70

Rate 270.00 580.00 620.00 710.00 710.00 760.00

07/21/10 07/21/10 07/21/10 07/21/10 07/22/10 07/22/10

1.30 1.10 0.90 2.20 1.20 2.50

07/29/10 07/29/10 07/29/10 07/29/10 07/30/10 07/30/10 07/30/10 07/30/10 07/30/10

Date 07/30/10 07/30/10 07/30/10 07/30/10

Amount 100.00 248.57 271.52 242.25 13,253.94

Date 07/20/10 07/20/10 07/20/10 07/20/10 07/20/10

Consultant RJA RJA RJA RJA RJA

Hours 1.90 2.30 1.20 0.60 0.80

07/21/10 07/21/10 07/21/10 07/21/10

RJA RJA RJA RJA

2.10 0.90 0.70 0.90

07/21/10 07/21/10 07/21/10 07/21/10 07/21/10 07/21/10

RJA TBB TBB TBB TBB TBB

0.80 1.20 2.20 3.60 2.20 1.80

Date 07/21/10 07/22/10 07/22/10 07/22/10 07/22/10

Consultant RJA TBB TBB TBB KJB

Hours 0.40 2.10 1.30 1.10 0.90

07/22/10 07/22/10 07/22/10 07/22/10 07/22/10 07/22/10

KJB TBB TBB TBB RJA RJA

0.90 1.10 3.40 1.20 0.70 2.70

07/22/10 07/22/10 07/22/10 07/22/10

RJA RJA RJA RJA

0.90 0.80 1.90 1.40

07/23/10 07/23/10 07/23/10 07/23/10 07/23/10

RJA RJA RJA RJA RJA

0.80 2.30 2.40 0.50 0.70

Date 07/23/10 07/23/10 07/23/10 07/23/10 07/25/10

Consultant RJA RJA TBB TBB RJA

Hours 1.40 3.10 2.40 1.40 3.10

07/26/10 07/27/10 07/27/10

RJA RJA RJA

2.10 3.20 2.10

Date 07/28/10 07/28/10 07/28/10 07/28/10 07/28/10 07/29/10 07/29/10 07/29/10

Consultant MCC RJA RJA RJA RJA RJA RJA RJA

Hours 0.50 0.90 0.50 1.90 2.60 1.40 1.80 1.90

07/29/10 07/29/10 07/29/10 07/29/10

RJA RJA RJA RJA

1.10 0.40 2.30 1.20

07/29/10 07/29/10 07/29/10 07/30/10 07/30/10 07/30/10 07/30/10 07/30/10

TBB TBB TBB TBB TBB RJA RJA RJA

2.80 2.60 1.20 2.60 3.20 2.10 0.90 0.90