Attorneys For The Official Committee of Unsecured Creditors of Innkeepers USA Trust, Et A

Objection Deadline: August 20, 2011 at 4:00 p.m.
(EST)
MORRISON & FOERSTER LLP
1290 A venue of the Americas
New York, New York 10104
Telephone: (212) 468-8000
Facsimile: (212) 468-7900
Brett H. Miller
Lorenzo Marinuzzi
Jordan A. Wishnew
Attorneys for the Official Committee of
Unsecured Creditors of Innkeepers USA Trust, et a/.
UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
In re
Innkeepers USA Trust, eta/.,
Debtors.
)
) Chapter 11
) 10-13800 (SCC)
)
) Jointly Administered
__________________________________ )
MONTHLY APPLICATION OF MORRISON & FOERSTER LLP FOR
COMPENSATION FOR SERVICES AND REIMBURSEMENT OF EXPENSES AS
ATTORNEYS FOR THE OFFICIAL COMMITTEE OF UNSECURED CREDITORS
FOR THE PERIOD FROM JUNE 1, 2011 THROUGH JUNE 30, 2011
Name of Applicant: Morrison & Foerster LLP
Authorized to Provide Professional Services to: The Official Committee ofUnsecured
Creditors of Innkeepers USA Trust, et al.
Date of Retention: Order entered on September 1, 201 0 retaining
Morrison& Foerster LLP, nunc pro tunc to
July 28, 2010
Period for which compensation and June 1, 2011 through June 30, 2011
reimbursement is sought:
Amount of Compensation sought as actual and $108,862.00
necessary:
Amount of Expense Reimbursement sought as $519.43
actual and necessary:
ny-986473
This is Morrison & Foerster's eleventh monthly application for compensation (the
"Application") filed pursuant to the Order Authorizing the Establishment of Procedures for
Interim Compensation and Reimbursement of Expenses for Professionals and Official Committee
Members [Docket No. 189] (the "Interim Compensation Order"). Morrison & Foerster requests:
(a) payment of compensation in the amount of$87,089.60 (which is 80% of$108,862.00) on
account of actual and necessary professional services rendered to the Official Committee of
Unsecured Creditors to the above-captioned debtors (the "Committee") by Morrison & Foerster;
and (b) reimbursement of actual and necessary costs and expenses in the amount of $519.43
incurred by Morrison & Foerster during the period from June 1, 2011 through June 30, 2011 (the
"Fee Period").
The Morrison & Foerster attorneys and paraprofessionals who rendered services in the
above-captioned chapter 11 cases (the "Chapter 11 Cases") during the Fee Period are:
Department: Litigation
Licensure: NY
Lorenzo Marinuzzi Department: Bankruptcy $795 75.6 102.00
Licensure: NY (1997)
NJ
Larren M. Nashe1sky Department: $950 2.0 $1,900.00
Licensure:
Stacy L. Molison Department:
Licensure:
Erica J. Richards Department: Bankruptcy $550 6.0 $3,300.00
Licensure: NY
Jordan A. Wishnew Department: $660 16.8 11,088.00
Licensure:
Laura Guido Department: 16.5
Douglas Keeton Department: Bankruptcy $225 0.7 $157.50
ny-986473
2
Compensation by Matter
002 Asset Disposition/Sales 0.9 $715.50
003 Business Operations and Advice 1.6 $1,258.50
004 Case Administration 5.3 $1,353.50
005 Claims Administration and Objections 6.6 $5,193.00
006 Other Motions and Applications 0.3 $198.00
007 Fee/Employment Applications 12.2 $6,194.00
009 Financing 1.0 $795.00
010 Meetings of Creditors 7.9 ,221.00
011 Plan and Disclosure Statement 101.7 $70,919.00
013 Hearings 14.2 $7,421.50
016 Communication with Creditors 5.5 $3,900.00
Totals 164.7 $108,862.00
Expense Summary
Photocopies $8.50
Long Distance Telephone $8.63
Reporting Fees $135.10
Online Research $367.20
Total $519.43
Notice
Morrison & Foerster provided notice ofthis Application to: (a) the Debtors; (b) counsel
to the Debtors; (c) the Office of the United States Trustee for the Southern District ofNew York;
(d) counsel to Midland Loan Services, a division ofPNC Bank, N.A.; and (e) counsel to Certain
ny-986473
3
Prepetition Lenders (each as defined in the Interim Compensation Order). In light of the nature
ofthe relief requested, Morrison & Foerster respectfully submits that no further notice is
necessary.
WHEREFORE, pursuant to the Interim Compensation Order, Morrison & Foerster
requests: (a) payment of compensation in the amount of$87,089.60 (which is 80% of
$1 08,862.00) in fees on account of actual and necessary professional services rendered to the
Committee by Morrison & Foerster; and (b) reimbursement of actual and necessary costs and
expenses in the amount of$519.43.
Dated: July 27, 2011
New York, New York
ny-986473
4
Is/ Lorenzo Marinuzzi
Brett Miller
Lorenzo Marinuzzi
Jordan A. Wishnew
1290 A venue of the Americas
New York, New York 10104
Telephone: (212) 468-8000
Facsimile: (212) 468-7900
Attorneys for the Official Committee of
Unsecured Creditors of Innkeepers USA
Trust, et al.
MORRISON I FOERSTER
Innkeepers USA Trust
340 Royal Poinciana Way
Suite 306
Palm Beach, FL 33480
Mark Murphy
Client Contact: Mark Murphy
RE: RESTRUCTURING
FILE NO. 72497
P.O. BOX 60000
SAN FRANCISCO
CALIFORNIA 94160-2497
TELEPHONE: 415.268.7000
FACSIMILE: 415.268.7522
WWWMOFO.COM
NEW YORK, SAN FRANCISCO,
LOS ANGELES, PALO ALTO,
SAN DIEGO, WASHINGTON, D.C.
DENVER, NORTHERN VIRGINIA,
SACRAMENTO,- WALNUT CREEK,
TOKYO, LONDON, BEIJING,
SHANGHAI, HONG KONG,
BRUSSELS
Taxpayer
Invoice
Invoice Date: July 27,2011
Client/Matter Number: 066923-0000001
Matter Name: RESTRUCTURING
For Professional Services Rendered and Disbursements Incurred through June 30, 2011
Current Fees
Current Disbursements
Total This Invoice
Payment may be made by Electronic Funds transfer to the firm's account
U .S.Dollars
108,862.00
519.43
109,381.43
MORRISON I FOERSTER
066923-000000 1
RESTRUCTURING
Invoice Number: 5052383
Time Detail
Date Services Timekeeper
ASSET DISPOSITION/SALES
09-Jun-2011 Review sale agreements regarding funding and payment Marinuzzi, Lorenzo
of cure and other costs, mechanism for assumption of
agreements and notice.
Total: 002 ASSET DISPOSITION/SALES
BUSINESS OPERATIONS AND ADVICE
01-Jun-2011 Review N. Cook correspondence and financial reporting Marinuzzi, Lorenzo
package.
08-Jun-2011 Review Jefferies' business/cash performance update and Marinuzzi, Lorenzo
distribution analysis.
15-Jun-2011 Review flash report and correspondence from N. Cook. Marinuzzi, Lorenzo
29-Jun-2011 Review May MOR. Wishnew, Jordan A.
Total: 003 BUSINESS OPERATIONS AND ADVICE
CASE ADMINISTRATION
01-Jun-2011 Review ECF docket for updated filings ( .1 ); provide Guido, Laura
calendar updates regarding same (.1 ).
02-Jun-2011 Review ECF docket for updated filings (.1); provide Guido, Laura
calendar updates regarding same ( .1 ).
03-Jun-2011 Review ECF docket for updated filings (.1 ); provide Guido, Laura
calendar updates regarding same (.1).
08-Jun-20 11 Review ECF docket for updated filings ( .1 ); provide Keeton, Douglas
09-Jun-2011 Review ECF docket for updated filings (.1 ); provide Keeton, Douglas
calendar updates regarding same (.1 ).
10-Jun-2011 Review ECF docket for updated filings ( .1 ); provide Keeton, Douglas
2
Hours
0.90
0.90
0.40
0.60
0.50
0.10
1.60
0.20
0.20
0.20
0.40
0.30
0.20
0.20
0.20
0.20
0.20
0.20
Value
715.50
715.50
318.00
477.00
397.50
66.00
1,258.50
52.00
52.00
52.00
104.00
78.00
45.00
45.00
45.00
52.00
52.00
52.00
MORRISON
I
FOERSTER
066923-0000001 Invoice Number: 5052383
RESTRUCTURING Invoice Date: July 27,2011
Date Services Timekeeper Hours Value
16-Jun-2011 Review ECF docket for updated filings (.1); provide Guido, Laura 0.30 78.00
17-Jun-2011 Review ECF docket for updated filings ( .1 ); provide Guido, Laura 0.30 78.00
20-Jun-2011- Review ECF docket for updated filings (.1); provide Guido, Laura 0.30 78.00
22-Jun-2011 Review ECF docket for updated filings (.I); provide Guido, Laura 0.20 52.00
24-Jun-2011 Review ECF docket for updated filings ( .1 ): provide Guido, Laura 0.20 52.00
29-Jun-2011 Review ECF docket for updated filings (.1 ); provide Guido, Laura 0.20 52.00
calendar updates regarding same (.I).
30-Jun-2011 Review ECF docket for updated filings. Keeton, Douglas 0.10 22.50
Total: 004 CASE ADMINISTRATION 5.30 1,353.50
CLAIMS ADMINISTRATION AND OBJECTIONS
01-Jun-2011 Review latest claim forecast (.4); review Best Western's Marinuzzi, Lorenzo 0.90 715.50
replies on administrative claim objections (.5).
01-Jun-2011 Review Best Western's responses to claims-related Wishnew, Jordan A. 0.20 132.00
objections and motions.
02-Jun-2011 Telephone call with V. Indelicato (Dewey) regarding Marinuzzi, Lorenzo 0.50 397.50
guaraniy claims of ienders.
02-Jun-2011 Review Debtors' objection to Best Western Claim. Marinuzzi, Lorenzo 0.40 318.00
03-Jun-2011 Review latest claims objections and status (.3); discuss Marinuzzi, Lorenzo 1.10 874.50
same with Debtors' counsel (.3); review employment
agreements and associated potential rejection claim (.5).
07-Jun-2011 Review pleadings in connection with Best Western Marinuzzi, Lorenzo 0.90 715.50
motion ( .6); discuss Committee position on Best
Western's motion with B. Lennon {K&E) {.3).
15-Jun-2011 Review Ninth omnibus claims objection papers. Marinuzzi, Lorenzo 0.50 397.50
16-Jun-2011 Review Sterling Palm Beach reply to claim objections. Marinuzzi, Lorenzo 0.50 397.50
20-Jun-2011 Review Best Western Supplemental Pleading. Marinuzzi, Lorenzo 0.40 318.00
3
MORRISON
I
FOERSTER
066923-0000001 Invoice Number: 5052383
RESTRUCTURING Invoice Date: July 27, 2011
21-Jun-2011 Review pending claim objections and responses (.6); Marinuzzi, Lorenzo 1.00 795.00
telephone call with A. Schiff (SR&Z) regarding status of
fee payment request and Committee position (.4).
28-Jun-2011 Correspond with J. Zinman (K&E) on status of claims Wishnew, Jordan A. 0.20 132.00
reconciliation efforts.
Total: 005 CLAIMS ADMINISTRATION AND OBJECTIONS 6.60 5,193.00
... OTHER MOTIONS AND APPLICATIONS
09-Jun-2011 Review Five Mile's "substantial contribution" motion. Wishnew, Jordan A. 0.30 198.00
Total: 006 OTHER MOTIONS AND APPLICATIONS 0.30 198.00
FEE/EMPLOYMENT APPLICATIONS
01-Jun-2011 Review monthly fee application of Fried Frank. Molison, Stacy L. 0.40 200.00
01-Jun-2011 Review Fried Frank second interim fee application. Wishnew, Jordan A. 0.10 66.00
02-Jun-2011 Review monthly fee application ofK&E. Molison, Stacy L. 0.70 350.00
02-Jun-2011 Address interim fee issues. Wishnew, Jordan A. 0.20 132.00
03-Jun-2011 Review calculations regarding Morrison & Foerster in Molison, Stacy L. 0.90 450.00
proposed fee order (.6); review same with J. Wishnew
(.2); conference call with J. Wishnew and C. Langbein
(K&E) regarding same (.1).
03-Jun-2011 Review proposed form of second interim order (.1); Wishnew, Jordan A. 0.40 264.00
discuss same with S. Molison and C. Langbein (K&E)
(.1); review same with S. Molison (.2).
06-Jun-2011 Review and revise draft language regarding second Richards, Erica J. 1.50 825.00
interim fee order.
06-Jun-2011 Review and revise stipulation and interim fee order. Wishnew, Jordan A. 1.00 660.00
07-Jun-2011 Review revised form of second interim fee order and Wishnew, Jordan A. 1.20 792.00
address follow up issues with L. Marinuzzi and K&E.
08-Jun-2011 Correspond with C. Langbein (K&E) concerning second Wishnew, Jordan A. 0.30 198.00
interim order and review same.
09-Jun-2011 Correspondence to/from Kirkland regarding status of fee Marinuzzi, Lorenzo 0.20 159.00
order.
15-Jun-2011 Review Moelis fee application. Molison, Stacy L. 0.50 250.00
27-Jun-2011 Finalize May fee application (1.2); prepare, file and Guido, Laura 1.80 468.00
coordinate service of same ( .6).
27-Jun-2011 Review, revise and finalize May fee application and Molison, Stacy L. 2.50 1,250.00
notice.
28-Jun-2011 Prepare courtesy copy ofMoFo's May fee application for Guido, Laura 0.30 78.00
chambers.
29-Jun-2011 Prepare and file affidavit of service for MoFo's May Guido, Laura 0.20 52.00
2011 fee application.
4
MORRISON
I
FOERSTER
066923-0000001 Invoice Number: 5052383
Total: 007 FEE/EMPLOYMENT APPLICATIONS 12.20 6,194.00
FEE/EMPLOYMENT OBJECTIONS
0 1-Jun-2011 Review fees billed to various task codes and email Guido, Laura 0.10 26.00
correspondence regarding same.
0 1-Jun-2011 Review and revise stipulation resolving Midland fee Marinuzzi, Lorenzo 0.80 636.00
objection.
FUrther revise firsffeeordercoiicemiri.g "cap objection8" Wishriew, JorClan A. 0.50 JJo:oo-
(.1); prepare draft language for second interim fee order
resolving "cap objections" (.4).
02-Jun-2011 Discussions with B. Lennon (K&E) regarding Midland Marinuzzi, Lorenzo 0.50 397.50
resolution on fee objections.
03-Jun-2011 Review fee order and resolution of US Trustee objection. Marinuzzi, Lorenzo 0.50 397.50
04-Jun-2011 Review Midland's mark up of form of order and related Wishnew, Jordan A. 0.70 462.00
fee calculations.
05-Jun-2011 Review fee stipulation with J. Wishnew. Marinuzzi, Lorenzo 0.20 159.00
05-Jun-2011 Review fee figures for first interim stipulation (.2); Wishnew, Jordan A. 0.40 264.00
review same with L. Marinuzzi (.2).
06-Jun-2011 Review and revise settlement stip on MoFo fees with Marinuzzi, Lorenzo 2.60 2,067.00
Midland (.7); correspondence to/from J. Penn (Haynes &
Boone) and B. Lennon (K&E) regarding stipulation on
fees (.6); review MoFo and Jefferies Second Interim
Application for hearing (.9); correspondence to LNR
regarding fee settlement (.4).
07-Jun-2011 Review mechanics of Midland Marinuzzi, Lorenzo 1.20 954.00
resolution/holdback/payment in response to questions
from Debtors (.8); correspondence and discussions with
B. Lennon (K&E) regarding Midland settlement on fees,
and holdback payments, resolution (.4).
Total: 008 FEE/EMPLOYMENT OBJECTIONS 7.50 5,693.00
FINANCING
09-Jun-2011 Review fees incurred by Midland (counsel, service Marinuzzi, Lorenzo 1.00 795.00
providers and financial advisors) (.5); review DIP Order
regarding allocation of costs and payment of admin
expenses (.5).
Total: 009 FINANCING 1.00 795.00
MEETINGS OF CREDITORS
03-Jun-2011 Revise minutes from 5/18 Committee call. Molison, Stacy L. 0.20 100.00
06-Jun-2011 Draft agenda for 6/8 Committee meeting. Richards, Erica J. 0.50 275.00
06-Jun-2011 Review Agenda for 6/8 meeting. Wishnew, Jordan A. 0.10 66.00
5
MORRISON
I
FOERSTER
066923-0000001 Invoice Number: 5052383
RESTRUCTURING Invoice Date: July 27,2011
08-Jun-2011 Participation in Committee call regarding confirmation Engelhardt, Stefan W. 1.00 785.00
status (.4); review presentation materials (.6).
08-Jun-2011 Prepare for (.8); and lead Committee call to discuss Marinuzzi, Lorenzo 1.20 954.00
confirmation process and case issues (.4).
08-Jun-2011 Prepare for (.2) and participate on (.4) Committee call Richards, Erica J. 0.60 330.00
regarding confirmation status.
08-Jun-2011 Participate in weekly Committee meeting regarding Wishnew, Jordan A. 0.40 264.00
-------

1 0-Jun-2011 Prepare minutes from 6/8 Committee call. Richards, Erica J. 0.50 275.00
20-Jun-2011 Draft agenda for 6/22 Committee meeting. Molison, Stacy L. 0.40 200.00
21-Jun-2011 Review and revise Committee memo regarding plan Marinuzzi, Lorenzo 0.90 715.50
objections and confirmation process for discussion
during 6/22 Committee meeting
21-Jun-20 11 Review (.2) and distribute (.2) agenda for 6-22 Molison, Stacy L. 0.40 200.00
Committee call.
22-Jun-2011 Review materials for Committee update (.3); lead Marinuzzi, Lorenzo 0.70 556.50
Committee call on plan status (.4).
22-Jun-2011 Prepare for (.1) and participate in (.4) Committee call Molison, Stacy L. 0.50 250.00
regarding plan confirmation.
24-Jun-2011 Draft, review and revise minutes from 6/22 Committee Molison, Stacy L. 0.50 250.00
call.
Total: 010 MEETINGS OF CREDITORS 7.90 5,221.00
PLAN AND DISCLOSURE STATEMENT
03-Jun-2011 Review status of Midland and other lender guaranty Marinuzzi, Lorenzo 2.50 1,987.50
voting and discuss with Debtors' counsel (.6); review
Plan to assess affects of guaranty claims/votes ( .5);
review ad hoc response to Midland allowance motion
(.3); review Apollo response to Midland allowance
motion (.4); review APA's regarding deadlines for
confirmation orders (.4); review Debtors' response to
Midland motion (.3).
04-Jun-2011 Review Debtors' reservation of rights on Marinuzzi, Lorenzo 0.50 397.50
Midland/Guarantee voting motions.
06-Jun-2011 Review Midland response to Best Western Reply (.4); Marinuzzi, Lorenzo 0.90 715.50
review Midland response regarding voting motion (.5).
06-Jun-2011 Telephone call with Debtors' counsel regarding status of Marinuzzi, Lorenzo 1.00 795.00
Midland allowance motion and reservations of rights
(.5); review pleadings filed in connection with Midland
allowance motion (.5).
09-Jun-2011 Review issues concerning D&O tail insurance and case Marinuzzi, Lorenzo 0.50 397.50
law regarding same.
6
MORRISON
I
FOERSTER
066923-0000001 Invoice Number: 5052383
10-Jun-2011 Draft (1.1) and revise (.4) Committee statement in Richards, Erica J. 1.50 825.00
support of plan confirmation.
10-Jun-2011 Review and revise statement in support of plan Wishnew, Jordan A. 0.50 330.00
confirmation.
13-Jun-2011 Review Remaining Debtor plan and payment of ad hoc Marinuzzi, Lorenzo 1.10 874.50
expenses and "bonus" (.6); analyze case law on
appropriateness of same and impact on waterfall (.5).
- - H"Jun-2611 Revise in support of confirmation. Richards, Er1ca J. 0.90 495.00
13-Jun-2011 Review and revise Committee statement in support of Wishnew, Jordan A. 0.70 462.00
plan confirmation.
14-Jun-2011 Telephone call with J. Marines (K&E) regarding status Marinuzzi, Lorenzo 1.00 795.00
of confirmation brief and resolution of informal
objections to confirmation.
14-Jun-2011 Review schedule of contracts to be assumed, cure claims. Marinuzzi, Lorenzo 0.50 397.50
14-Jun-2011 Review executory contracts being assumed and assigned Molison, Stacy L. 3.60 1,800.00
under Debtors' plan supplement (2.7); review findings
with J. Wishnew (.5); email with L. Marinuzzi regarding
same (.4).
14-Jun-2011 Review filed Plan Supplements with S. Molison. Wishnew, Jordan A. 0.50 330.00
15-Jun-2011 Review Midland plan objection. Engelhardt, Stefan W. 0.60 471.00
15-Jun-2011 Review LNR plan objection (.6); telephone calls with Marinuzzi, Lorenzo 1.40 1,113.00
K&E regarding status of confirmation brief and
Committee statement (.8).
15-Jun-2011 Review, analyze and summarize LNR objection to plan Molison, Stacy L. 0.80 400.00
confirmation.
15-Jun-2011 Discussions with J. Wishnew regarding confirmation Nashelsky, Larren M. 0.50 475.00
objection issues/strategy.
15-Jun-2011 Review LNR's limited objection to third-party plan Wishnew, Jordan A. 1.40 924.00
releases ( .1 ); speak with Omni Management and
correspond with D. Newman (PDQ) about missing
ballots (.2); further revise Committee plan support
statement (1.1).
16-Jun-2011 Review Carrollton school district objection to Plan (.5); Marinuzzi, Lorenzo 1.10 874.50
review draft of Committee statement in support of
confirmation (.6).
16-Jun-2011 Review and revise Committee statement in support of Molison, Stacy L. 2.80 1,400.00
plan confirmation (2.1); review same with J. Wishnew
(.7).
16-Jun-2011 Assist Triangle renovations with replacement ballot (.2); Wishnew, Jordan A. 1.10 726.00
review updated Committee support statement with S.
Molison (.7); review filed confirmation objections (.2).
7
MORRISON
I
FOERSTER
066923-0000001 Invoice Number: 5052383
17-Jun-2011 Prepare, file and coordinate service of statement in Guido, Laura 2.00 520.00
support of confirmation (1.8); prepare same for chambers
(.2).
17-Jun-2011 Further review and finalize Committee statement in Marinuzzi, Lorenzo 7.30 5,803.50
support of plan (1.6); review Midland plan objection (.8);
review Plan regarding release provisions (.9); review
Lehman plan objection (.8); review One East Capital
objection (1.0); review York Capital objection (.4);
review plan supplement filing { 1.1); with L.
Nashelsky regarding confirmation strategy (.5).
17-Jun-2011 Further review, research and revise Committee statement Malison, Stacy L. 4.30 2,150.00
in support of plan confirmation (3.3); review same with
J. Wishnew (.6); email with L. Marinuzzi regarding same
(.4).
17-Jun-2011 Discussions with I. Marinuzzi regarding confirmation Nashelsky_ Larren M 0.50 475 00
release issue/strategy.
17-Jun-2011 Revise and finalize committee plan support statement Wishnew, Jordan A. 1.60 1,056.00
(.6); discuss same with S. Malison (.6); review filed
confirmation objections (.4).
11 Correspondence to/from K&E regarding voting results, Marinuzzi, Lorenzo 1.40 1,113.00
review voting results (.6); review Chartis objection to
confirmation (.8).
19-Jun-2011 Research case law pertaining to third party releases (4.0); Malison, Stacy L. 4.80 2,400.00
review objections to plan confirmation (.8).
19-Jun-2011 Review voting results. Wishnew, Jordan A. 0.10 66.00
20-Jun-2011 Review additional plan supplement materials (1.1); Marinuzzi, Lorenzo 2.90 2,305.50
correspondence and discussions with Kirkland regarding
release issues and resolution of objections to same (.9);
review LNR/ad hoc stipulation to determine impact of
objections to ad hoc payment (.9).
20-Jun-2011 Review, analyze and summarize objections to plan Malison, Stacy L. 5.00 2,500.00
confirmation by US Trustee, Lehman, One East Capital,
Mid!at1d, Cha.rtis Companies, York a.11d Best Western
(4.2); review and edit memorandum regarding same (.8).
21-Jun-2011 Review confirmation order. Engelhardt, Stefan W. 3.50 2,747.50
21-Jun-2011 File affidavit of service for Committee's Statement in Guido, Laura 0.20 52.00
Support of Confirmation.
21-Jun-2011 Telephone calls with Debtors' advisors to review status Marinuzzi, Lorenzo 4.10 3,259.50
of objections and responses (1.0); begin review of
confirmation order, review plan regarding same (2.5);
discussion with Debtors' counsel regarding vote at Grand
Prix and possible strategies to effectuate confirmation
(.6).
21-Jun-2011 Discussions with L. Marinuzzi regarding confirmation Nashelsky, Larren M. 0.50 475.00
objections and issues.
8
MORRISON I FOERSTER
066923-0000001
RESTRUCTURING
Invoice Date: July 27, 2011
21-Jun-2011 Review confirmation order. Wishnew, Jordan A.
22-Jun-2011 Further review confirmation order (2.3); review related Engelhardt, Stefan W.
court filings (2.5).
22-Jun-2011 Telephone call and correspondence with Marriott Marinuzzi, Lorenzo
counsel regarding assumption of agreements (.4); review
assumption schedule regarding Marriott contracts (.4);
continue to review and comment on proposed
confirmation order, review Plan and supplements
regaraingsarrie(:3 :9); telephone calls and correspondence
with Debtors' counsel regarding Committee comments
on plan (.5); review objections and discuss with Debtors
remaining objections (1.1); discussions with L.
Nashelsky regarding confirmation hearing (.5); review ad
hoc committee memorandum in support of payment to ad
hoc committee (1.2); review latest plan supplement on
22-Jun-2011 Review information needed for confirmation hearing Molison, Stacy L.
(.4); review plan supplement regarding management
incentive program (.2); email to L. Marinuzzi and J.
Wishnew regarding same (.1).
22-Jun-2011 Discussions with L. Marinuizzi regarding confirmation Nashelsky, Larren M.
hearing and objections to same.
22-Jun-2011 Review "Committee" provisions in confirmation order. Wishnew, Jordan A.
23-Jun-2011 Review revised confirmation order (1.0); review related Engelhardt, Stefan W.
court filings (.8).
23-Jun-2011 Review further documents filed in connection with plan Marinuzzi, Lorenzo
confirmation- Brief in support of confirmation (1.6);
supporting declarations, Brents (.3), Beilinson (1.0),
Kleisner (.3), Osbourne (.3), Derrough (.6); revised plan
(.6); revised confirmation order (.6); Midland statement
on ad hoc committee reply (.4); plan supplement papers,
including modified contract assumption schedule (1.0);
review Plan Supplement documents with S. Molison (.3).
23-Jun-2011 Review pian suppiement regarding assumption of Molison, Stacy L.
executory contracts for information pertaining to
Committee members as well as Marriott and Hilton
franchise agreements (1.5); review findings regarding
same with L. Marinuzzi (.3).
23-Jun-2011 Review amended plan schedules and confirmation status. Wishnew, Jordan A.
27-Jun-2011 Review revised confirmation order. Engelhardt, Stefan W.
27-Jun-2011 Discussions with B. Lennon (K&E) regarding status of Marinuzzi, Lorenzo
Order and effective date reserves (.4); review revised
draft of confirmation order and plan (.9); correspondence
to/from W. Guerini regarding modifications to
confirmation order (.3); review Anaheim settlement
papers in connection with confirmation order (.6).
9
Hours
0.10
4.80
8.20
0.70
0.50
0.30
1.80
7.00
1.80
0.20
2.00
2.20
Value
66.00
3,768.00
6,519.00
350.00
475.00
198.00
1,413.00
5,565.00
900.00
132.00
1,570.00
1,749.00
:MORRISON
I
FOERSTER
066923-0000001
RESTRUCTURING
Date Services
27-Jun-2011 Prepare spreadsheet with outstanding fees due to MoFo
(.5); review Debtors' blackline of plan and confirmation
order (1.3).
28-Jun-2011 Telephone call with J. Marines (K&E) regarding
effective date process and closing (.6); review further
revised Plan documents (. 7); correspondence to/from
Kirkland regarding claims allowed for Key Money and
other newly created claims (.5); review form of sale
-agreements.reganling.Gonditioos-to-clGSing(.-&).
28-Jun-2011 Review L. Marinuzzi's confirmation order comments and
review Anaheim Commitment Letter (.7); review and
revise outstanding fee spreadsheet as well as Jefferies'
outstanding fees (.2).
29-Jun-2011 Review revised confirmation order.
29-Jun-2011 Review further revisions to plan and confirmation order
(.5); correspondence to/from Debtors' counsel regarding
plan comments (.2).
29-Jun-2011 Review filed blackline of reorganization plan.
30-Jun-2011 Review correspondence (various) regarding confirmation
order and approved confirmation order.
30-Jun-2011 Provide Debtors and related parties with Committee
professionals' fee estimates.
Total: 011 PLAN AND DISCLOSURE STATEMENT
HEARINGS
06-Jun-2011 Prepare materials for 6/7 hearing.
07-Jun-2011 Prepare additional materials for 6/7 omnibus hearing.
07-Jun-2011 Attend hearing on Midland settlement on voting, Best
Western Motion for Payment of Claim, and fee apps.
07-Jun-2011 Coordinate with L. Marinuzzi and L. Guido regarding
..... n..f' ...... .f'...,. ... t::../'7 h.o..-.. ... ...........
}'.I "'}'CI.l QI..IV.IJ. VJ. l.l.IQ. .. \,;.l.ICl.l.:) J.V.l V/ I 1.1'-'CI.I..l.li,O
21-Jun-2011 Prepare confirmation hearing materials.
22-Jun-2011 Additional 6/23 hearing preparation.
23-Jun-2011 Review and retrieve recent confirmation filings and
update confirmation materials binder regarding same.
23-Jun-2011 Attend confirmation hearing and participate in related
settlement discussions.
Total: 013 HEARINGS
COMMUNICATION WITH CREDITORS
08-Jun-2011 Correspondence to/from D. Newman regarding voting
questions.
10
Timekeeper Hours Value
Wishnew, Jordan A. 1.80 1,188.00
Marinuzzi, Lorenzo 2.60 2,067.00
Wishnew, Jordan A. 0.90 594.00
Engelhardt, Stefan W. 1.00 785.00
Marinuzzi, Lorenzo 0.70 556.50
Engelhardt, Stefan W. 1.00 785.00
101.70 70,919.00
Guido, Laura 0.80 208.00
Richards, Erica J. 0.50 275.00
14.20 7,421.50
Marinuzzi, Lorenzo 0.30 238.50
MORRISON I FOERSTER
066923-0000001
RESTRUCTURING
08-Jun-2011 Review Claims Register and speak with creditors about Wishnew, Jordan A.
voting for plan.
09-Jun-2011 Telephone call from C. Gittens (creditor) regarding Marinuzzi, Lorenzo
status of case (.4); telephone call from M. Francos
regarding case status (.2); correspondence to/from D.
Newman regarding ballots and voting (.3).
13-Jun-2011 Telephone call with creditor's counsel regarding plan Wishnew, Jordan A.
distributions.
14-Jun-2011 Telephone call from claims traders regarding schedule of Marinuzzi, Lorenzo
contract cure costs.
14-Jun-2011 Email to K. Venezie (Eric Ryan) regarding assumption Molison, Stacy L.
of executory contract under Debtors' plan supplement.
15-Jun-2011 Prepare e-mail to Committee with reminder ofvoting Wishnew, Jordan A.
20-Jun-2011 Review memo to committee regarding confirmation Guido, Laura
objections and distribution of related materials.
23-Jun-2011 Correspondence to/from Committee regarding Marinuzzi, Lorenzo
confirmation hearing, settlement, and results.
23-Jun-2011 Email K. Venezie (Eric Ryan) regarding Debtor's Molison, Stacy L.
assumption of executory contract.
24-Jun-2011 Correspondence and telephone call from F. Glass Marinuzzi, Lorenzo
regarding confirmation.
30-Jun-2011 Review Plan regarding committee expenses, Marinuzzi, Lorenzo
communication with Committee regarding same (.5);
correspondence to/from J. Crawley (JMC) regarding
confirmation order entry (.2).
30-Jun-2011 Draft email to Committee regarding confirmation order. Molison, Stacy L.
30-Jun-2011 Revise and distribute e-mail to Committee advising of Wishnew, Jordan A.
entry of confirmation order.
Total: 016 COMMUNICATION WITH CREDITORS
Total Fees
11
Hours
0.30
0.90
0.30
0.50
0.20
0.20
0.30
0.70
0.20
0.50
0.70
0.20
0.20
5.50
Value
198.00
715.50
198.00
397.50
100.00
132.00
78.00
556.50
100.00
397.50
556.50
100.00
132.00
3,900.00
108,862.00
MORRISON I FOERSTER
066923-0000001
RESTRUCTURING
Timekeeper Summary
Title Name Hours
Partner Engelhardt, Stefan W. 15.70
Partner Marinuzzi, Lorenzo 75.60
Partner Nashelsky, Larren M. 2.00
Associate Molison, Stacy L. 31.40
------------------------- . Associate Richards,.Erical ..... .6.00 ..
Associate Wishnew, Jordan A. 16.80
Paralegal Guido, Laura 16.50
Paralegal Keeton, Douglas 0.70
TOTAL 164.70
12
Rate Value
785.00 12,324.50
795.00 60,102.00
950.00 1,900.00
500.00 15,700.00
.55fLOO uoo.oo
660.00 11,088.00
260.00 4,290.00
225.00 157.50
108!862.00
------- -----
MORRISON I FOERSTER
066923-0000001
RESTRUCTURING
TASK CODE SUMMARY:
Task Code Description
002 ASSET DISPOSITION/SALES
003 BUSINESS OPERATIONS AND ADVICE
004 CASE ADMINISTRATION
005-
-
CbAIMS ABMINIS'F-RA'fffiNANB--BB-.JEC-'fleNS--
006 OTHER MOTIONS AND APPLICATION&
007 FEE/EMPLOYMENT APPLICATIONS
008 FEE/EMPLOYMENT OBJECTIONS
009 FINANCING
010 MEETINGS OF CREDITORS
011 PLAN AND DISCLOSURE STATEMENT
013 HEARINGS
016 COMMUNICATION WITH CREDITORS
TOTAL
13
Hours
0.90
1.60
5.30
6;6&
- -
0.30
12.20
7.50
1.00
7.90
101.70
14.20
5.50
164.70
Amount
715.50
1,258.50
1,353.50
-5;193-.00
---
198.00
6,194.00
5,693.00
795.00
5,221.00
70,919.00
7,421.50
3,900.00
108,862.00
MORRISON I FOERSTER
066923-0000001
RESTRUCTURING
Date
09-Jun-2011
Photocopies
Disbursement Detail
Disbursement Description
Reporting Fees -VENDOR: VERITEXT/NEW YORK REPORTING COMPANY LLC-
10-13800, certified transcript, electronic charges, shipping and handling.
- Tnnsadion Date Rate
02-Jun-2011 2.80 0.10
07-Jun-2011 4.30 0.10
22-Jun-2011 1.40 0.10
Photocopies Total
Long Distance Telephone 03-Jun-2011
08-Jun-2011
22-Jun-2011
1.20
2.69
4.74
0.15
2.69
4.74
Long Distance Telephone Total
On-line Research- LEXIS 17-Jun-2011 367.20 367.20
On-line Research - LEXIS Total
Total Disbursements
14
Quantity
28
43
14
8
1
1
Value
135.10

8.50
8.63
367.20
519.43
MORRISON I FOERSTER
066923-000000 1
RESTRUCTURING
COST CODE SUMMARY:
Task Code Description
004 Photocopies
005 Long Distance Telephone
057 Reporting Fees
on Qn,.lineResearch LEX!S
15
TOTAL
Total Disbursements
Amount
8.50
8.63
135.10
36120
519.43
519.43
Total This Invoice
USD

Attorneys For The Official Committee of Unsecured Creditors of Innkeepers USA Trust, Et A

Uploaded by

Document Information

Original Description:

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Attorneys For The Official Committee of Unsecured Creditors of Innkeepers USA Trust, Et A

Uploaded by

Copyright:

Available Formats

Objection Deadline: August 20, 2011 at 4:00 p.m.

You might also like