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

(EST) MORRISON & FOERSTER LLP 1290 Avenue 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 al.

UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF NEW YORK


)

Inre Innkeepers USA Trust, et al.,

) .) )
)

Chapter 11 10-13800 (SCC) Jointly Administered

Debtors. ________________________________ ))

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 JULY 1. 2011 THROUGH JULY 31, 2011

N arne of Applicant: Authorized to Provide Professional Services to:

Morrison & Foerster LLP The Official Committee of Unsecured Creditors of Innkeepers USA Trust, et al. Order entered on September 1, 2010 retaining Morrison & Foerster LLP, nunc pro tunc to July 28, 2010 July 1, 2011 through July 31, 2011

Date of Retention:

Period for which compensation and reimbursement is sought: Amount of Compensation sought as actual and necessary: Amount of Expense Reimbursement sought as actual and necessary:

$22,191.00

$556.81

ny-990453

This is Morrison & Foerster's twelfth monthly application for compensation (the "Application") filed pursuant to the Order Authorizing the Establishment ofProcedures 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$17,752.80 (which is 80% of $22,191.00) 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 $556.81 incurred by Morrison & Foerster during the period from July 1, 2011 through July 31, 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:

Stacy L. Molison Erica J. Richards Jordan A. Wishnew

Department: Licensure: Department: Licensure: Department: Licensure:

Bankruptcy

$500 $550 $660

9.7 0.3 5.6

$4,850.00 $165.00 $3,696.00

NY

ny-990453

Compensation by Matter

004 005 007 009 010 011 012 013 016 Totals

Case Administration Claims Administration and Objections Fee/Employment Applications Financing Meetings of Creditors Plan and Disclosure Statement Relief from Stay Proceedings Hearings Communication with Creditors

4.1 7.8 15.7 2.6 2.0 3.9 0.9 0.3 2.6 39.9

$1,059.00 $6,025.50 $6,418.00 1,837.50 $1,211.50 $3,033.00 $715.50 $78.00 $1,813.00 $22,191.00

Expense Summary

Photocopies Long Distance Telephone Reporting Fees Travel Online Research Messenger Service Total

$2.50 $1.84 $144.70 $41.58 $328.69 $37.50 $556.81

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 Prepetition Lenders (each as defined in the Interim Compensation Order). In light of the nature of the relief requested, Morrison & Foerster respectfully submits that no further notice is necessary.

ny-990453

WHEREFORE, pursuant to the Interim Compensation Order, Morrison & Foerster requests: (a) payment of compensation in the amount of$17,752.80 (which is 80% of $22, 191.00) 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$556.81. Dated: August 26, 2011 New York, New York

Is/ Lorenzo Marinuzzi


Brett Miller Lorenzo Marinuzzi Jordan A. Wishnew MORRISON & FOERSTER LLP 1290 Avenue ofthe Americas New York, New York 10104 Telephone: (212) 468-8000 Facsimile: (212) 468-7900

Attorneys for the Official Committee of Unsecured Creditors ofInnkeepers USA Trust, et al.

ny-990453

MORRISON

FOERSTER

FILE NO. 72497 P.O. BOX 60000 SAN FRANCISCO CAUFORNIA 94160-2497 TELEPHONE: 415.268.7000 FACSIMILE: 415.268.7522 WWW.MOFO.COM

MORRISON & FOERSTER LLP 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

Innkeepers USA Trust 340 Royal Poinciana Way Suite 306 Palm Beach, FL 33480 Attention: Mark Murphy

Taxpayer I D Invoice Number: 5060663 Invoice Date: August 24, 2011


Client/Matter Number: 066923-0000001

Matter Name: RESTRUCTURING

Client Contact: RE:

Mark Murphy

RESTRUCTURING

For Professional Services Rendered and Disbursements Incurred through July 31, 2011

Current Fees Current Disbursements

U.S.Dollars 22,191.00 556.81 22,747.81

Total This Invoice

. '""'

MORRISON
066923-0000001 RESTRUCTURING

FOERSTER
Invoice Number: 5060663 Invoice Date: August 24, 2011

Time Detail
Date

Services

Timekeeper

Hours

Value

CASE ADMINISTRATION
01-Jul-2011 05-Jul-2011 06-Jul-2011 07-Jul-2011 08-Jul-2011 11-Jul-2011 12-Jul-2011 13-Jul-2011 14-Jul-2011 15-Jul-2011 18-Jul-2011 19-Jul-2011 20-Jul-2011 21-Jul-2011 22-Jul-2011 25-Jul-2011 26-Ju1-2011 27-Jul-2011 28-Jul-2011 Review ECF docket for updated filings (.1); provide calendar updates regarding same (.1 ). Review ECF docket for updated filings ( .1); provide calendar updates regarding same (.1). Review ECF docket for updated filings ( .1); provide calendar updates regarding same (.1 ). Review ECF docket for updated filings ( .1); provide calendar updates regarding same (.1 ). Review ECF docket for updated filings (.1 ); provide calendar updates regarding same (.1 ). Review ECF docket for updated filings (.1 ); provide calendar updates regarding same ( .1). Review ECF docket for updated filings (.1); provide calendar updates regarding same (.1). Review ECF docket for updated filings (.1); provide calendar updates regarding same (.1). Review ECF docket for updated filings (.1 ); provide calendar updates regarding same (.2). Review ECF docket for updated filings (.1); provide calendar updates regarding same ( .1). Review ECF docket for updated filings (.1); provide calendar updates regarding same (.1). Review ECF docket for updated filings (.1 ); provide calendar updates regarding same (.1 ). Review ECF docket for updated filings (.1 ); provide calendar updates regarding same (.1). Review ECF docket for updated filings ( .1 ); provide calendar updates regarding same ( .1 ). Review ECF docket for updated filings (.1); provide calendar updates regarding same (.1). Review ECF docket for updated filings (.1); provide calendar updates regarding same ( .1). Review ECF docket for updated filings (.1); provide calendar updates regarding same (.1). Review ECF docket for updated filings (.1); provide calendar updates regarding same (.1 ). Review ECF docket for updated filings ( .1 ); provide calendar updates regarding same ( .1). Keeton, Douglas Guido, Laura Guido, Laura Guido, Laura Guido, Laura Guido, Laura Guido, Laura Guido, Laura Guido, Laura Guido, Laura Guido, Laura Guido, Laura Guido, Laura Guido, Laura Guido, Laura Guido, Laura Guido, Laura Guido, Laura Guido, Laura 0.20 0.20 0.20 0.20 0.20 0.20 0.20 0.20 0.30 0.20 0.20 0.20 0.20 0.20 0.20 0.20 0.20 0.20 0.20 45.00 52.00 52.00 52.00 52.00 52.00 52,00 52.00 78.00 52.00 52.00 52.00 52.00 52.00 52.00 52.00 52.00 52.00 52.00

MORRISON
066923-0000001 RESTRUCTURING Date 29-Jul-2011 Total: 004

FOERSTER
Invoice Number: 5060663 Invoice Date: August 24, 2011 Services Timekeeper Guido, Laura Hours 0.20 4.10 Value 52.00 1,059.00

Review ECF docket for updated filings (.1); provide calendar updates regarding same (.1). CASE ADMINISTRATION

CLAIMS ADMINISTRATION AND OBJECTIONS 05-Jul-2011 Review 9th omnibus claims objection (.4); correspondence to/from American Hotel Register regarding same (.3). Review Sterling Palm Beach admin claim motion. Review admin claim request by Sterling Palm Beach. Review Best Western claims stipulation. Review Debtors' objection to Trimont Guarantee Claim (.5); Lehman claim (.4); Midland claim (.5). Review Cerberus objection to Five Mile claim (.5); review Debtors' objection to Five Mile claim (.5). , Review filed objections, including Cerebrus' objection to Five Mile admin claim. Review Benensen response to claim objection. Review objections to Five Mile substantial contribution claim. Review claims pleadings. Telephone call with J. Zinman and B. Lennon regarding claims reconciliation (.5); review responses to claims objections (.4). Marinuzzi, Lorenzo 0.70 556.50

08-Jul-2011 10-Jul-2011 11-Jul-2011 14-Jul-2011 18-Jul-2011

Marinuzzi, Lorenzo Wishnew, Jordan A. Wishnew, Jordan A. Marinuzzi, Lorenzo Marinuzzi, Lorenzo Wishnew, Jordan A. Marinuzzi, Lorenzo Wishnew, Jordan A. Wishnew, Jordan A. Marinuzzi, Lorenzo

0.50 0.20 0.10 1.40 1.00 0.40 0.50 0.40 0.20 0.90

397.50 132.00 66.00 1,113.00 795.00 264.00 397.50 264.00 132.00 715.50

.,

18-Jul-2011 19-Jul-2011 19-Jul-2011 20-Jul-2011 21-Jul-2011

25-Jul-2011 26-Jul-2011 29-Jul-2011 Total: 005

Review Midland objection to Sterling Palm Beach admin Marinuzzi, Lorenzo claim motion. Review various orders on claims objections. Review Five Mile reply on motion for payment of claim. CLAIMS ADMINISTRATION AND OBJECTIONS Marinuzzi, Lorenzo Marinuzzi, Lorenzo

0.40 0.50 0.60 7.80

318.00 397.50 477.00 6,025.50

FEE/EMPLOYMENT APPLICATIONS 01-Jul-2011 05-Jul-2011 05-Jul-2011 06-Jul-2011 12-Jul-2011 12-Jul-2011 Review May fee application for Kirkland (.8); review May fee application for Fried Frank (.4). Prepare initial draft of final fee application. Coordinate preparation of final fee application. Further drafting of final fee application. Update summary chart of Midland's professionals' fees. Review correspondence from C. Langbein (K&E) regarding payment ofholdbacks. Molison, Stacy L. Guido, Laura Wishnew, Jordan A. Guido, Laura Guido, Laura Wishnew, Jordan A. 1.20 4.80 0.30 0.60 0.20 0.20 600.00 1,248.00 198.00 156.00 52.00 132.00

-;.,

MORRISON 066923-0000001 RESTRUCTURING Date 13-Jul-2011 21-Jul-2011 26-Jul-2011 27-Jul-2011 27-Jul-2011 28-Jul-2011 28-Jul-2011

FOERSTER Invoice Number: 5060663 Invoice Date: August 24, 2011 Services Timekeeper Wishnew, Jordan A. Guido, Laura Molison, Stacy L. Guido, Laura Molison, Stacy L. Guido, Laura Molison, Stacy L. Hours 0.30 0.20 1.20 0.50 1.00 0.20 5.00 Value 198.00 52.00 600.00 130.00 500.00 52.00 2,500.00

Review and revise draft June 2011 fee application. Update summary chart of Midland's professionals. Draft, review and revise June monthly fee application and notice. Review, file and coordinate service of June fee application. Review and revise June monthly fee application and notice. Prepare courtesy copy ofMoFo's June 2011 fee application for Chambers. Research and edit final fee application (1.9); review services provided over duration of case and summarize same (3.1). FEE/EMPLOYMENT APPLICATIONS

Total: 007 FINANCING 13-Jul-2011 14-Jul-2011 14-Jul-2011

15.70

6,418.00

Correspond with D. Neff on stipulation and further extension of challenge deadline. Correspondence to/from CW and Debtors regarding extension of challenge period on Anaheim loan. Prepare stipulation with CW (.3); revise and circulate to counsel (.5); speak to chambers regarding Friday's submission of stipulation (.1 ). Review status of CW stipulation and authorization to file. Correspond with D. Neff and B. Lennon on finalizing stipulation and submit to chambers. FINANCING

Wishnew, Jordan A. Marinuzzi, Lorenzo Wishnew, Jordan A.

0.30 0.40 0.90

198.00 318.00 594.00

15-Jul-20 11 15-Jul-2011 Total: 009

Marinuzzi, Lorenzo Wishnew, Jordan A.

0.50 0.50 2.60

397.50 330.00 1,837.50

MEETINGS OF CREDITORS 05-Jul-20 11 05-Jul-2011 06-Jul-2011 06-Jul-2011 06-Jul-2011 07-Jul-2011 Total: 010 Draft (.3) and distribute (.2) agenda for 7/6 Committee call. Coordinate weekly Committee meeting. Prepare for (.3) and lead (.2) Committee call on postconfirmation process, closing. Prepare for (.2) and participate in (.2) Committee call regarding confirmation. Participate in weekly Committee meeting regarding confirmation process. Draft minutes from 7/6 Committee call. MEETINGS OF CREDITORS Molison, Stacy L. Wishnew, Jordan A. Marinuzzi, Lorenzo Molison, Stacy L. Wishnew, Jordan A. Molison, Stacy L. 0.50 0.20 0.50 0.40 0.20 0.20 2.00 250.00 132.00 397.50 200.00 132.00 100.00 1,211.50

MORRISON
066923-0000001 RESTRUCTURING Date

FOERSTER
Invoice Number: 5060663 Invoice Date: August 24, 2011 Services Timekeeper Hours Value

PLAN AND DISCLOSURE STATEMENT 06-Jul-2011 07-Jul-2011 Address professional fee escrow issue. Review status of effective date with Debtors' counsel (.5); review Plan regarding operation of cash collateral order and adequate protection issues (.8). Review notice of effectiveness of Ontario plan. Follow up with T. Schwartz (K.&E) about professional fee reserve. Review Ontario notice of effective date. E-mail J. Zinman (K&E) concerning timing of distributions for Ontario plan. Review effective issues on Ontario plan, payments and Committee notice. Correspondence to/from B. Lennon regarding closing of Anaheim Review Remaining Debtors' effective date notice and prepare e-mail to Committee. Review notice regarding effectiveness of Anaheim plan (.3); review fixed/floating Plan for conditions precedent and outside dates (.5). PLAN AND DISCLOSURE STATEMENT Wishnew, Jordan A. Marinuzzi, Lorenzo 0.10 1.30 66.00 1,033.50

08-Jul-2011 08-Jul-2011 09-Jul-2011 10-Jul-2011 11-Jul-20 11 13-Jul-2011 18-Jul-2011 29-Jul-2011

Marinuzzi, Lorenzo Wishnew, Jordan A. Wishnew, Jordan A. Wishnew, Jordan A. Marinuzzi, Lorenzo Marinuzzi, Lorenzo Wishnew, Jordan A. Marinuzzi, Lorenzo

0.30 0.10 0.10 0.10 0.50 0.50 0.10 0.80

238.50 66.00 66.00 66.00 397.50 397.50 66.00 636.00

Total: 011

3.90

3,033.00

RELIEF FROM STAY PROCEEDINGS 08-Jul-2011 22-Jul-2011 Total: 012 HEARINGS 20-Jul-2011 Total: 013 Prepare for 7/21 omnibus hearing. HEARINGS Guido, Laura 0.30 0.30 78.00 78.00 Review stipulation resolving Muskett motion to lift stay. Review Epstein and Mobley stipulations lifting stay. RELIEF FROM STAY PROCEEDINGS Marinuzzi, Lorenzo Marinuzzi, Lorenzo 0.30 0.60 0.90 238.50 477.00 715.50

COMMUNICATION WITH CREDITORS 01-Jul-2011 06-Jul-2011 08-Jul-2011 11-Jul-20 11 11-Jul-20 11 Send Committee e-mail about outstanding expenses. Correspondence and telephone call with D. Newman (PDQ) regarding claim reconciliation process, status. Telephone call with creditor's counsel about case status. Draft and circulate email to Committee members regarding effective date for Ontario Plan. AssistS. Molison with e-mail to Creditors' Committee concerning effectiveness of Ontario Debtors' plan. Wishnew, Jordan A. Marinuzzi, Lorenzo Wishnew, Jordan A. Molison, Stacy L. Wishnew, Jordan A. 0.20 0.50 0.20 0.20 0.20 132.00 397.50 132.00 100.00 132.00

....

MORRISON
066923-0000001 RESTRUCTURING

. ""

Services

' .

Invoice Number: 5060663 Invoice Date: August 24, 2011

FOERSTER

Date
12-Jul-2011 14-Jul-2011

Timekeeper
Marinuzzi, Lorenzo Richards, Erica J.

Hours
0.30 0.30

Value
238.50 165.00

Correspondence from Tannor partners regarding acquired claims and distributions. Call with creditor (J, Gaultney from Monumental Equipment) regarding plan confirmation and claim status. Review notice of effective date for plans (.2); correspondence to Committee regarding same (.2). Prepare e-mail to Committee advising of Effective Date for certain Remaining Debtors. COMMUNICATION WITH CREDITORS

19-Jul-2011 19-Jul-2011

Marinuzzi, Lorenzo Wishnew, Jordan A.

0.40 0.30

318.00 198.00
1,813.00

Total: 016

2.60

Total Fees

22,191.00

MORRISON
066923-000000 I RESTRUCTURING

FOERSTER
Invoice Number: 5060663 Invoice Date: August 24, 2011

Timekeeper Summary
Title
Partner Associate Associate Associate Paralegal Paralegal

Name
Marinuzzi, Lorenzo Molison, Stacy L. Richards, Erica J. Wishnew, Jordan A. Guido, Laura Keeton, Douglas

Hours 13.40 9.70 0.30 5.60 10.70 0.20 39.90

Rate
795.00 500.00 550.00 660.00 260.00 225.00

TOTAL

Value 10,653.00 4,850.00 165.00 3,696.00 2,782.00 45.00 22,191.00

,~

I
FOERSTER
Invoice Number: 5060663 Invoice Date: August 24, 2011

MORRISON
066923-0000001 RESTRUCTURING

TASK CODE SUMMARY: Task Code Description Hours Amount

004 005 007 009 010 011 012 013 016

CASE ADMINISTRATION CLAIMS ADMINISTRATION AND OBJECTIONS FEE/EMPLOYMENT APPLICATIONS FINANCING MEETINGS OF CREDITORS PLAN AND DISCLOSURE STATEMENT RELIEF FROM STAY PROCEEDINGS HEARINGS COMMUNICATION WITH CREDITORS
TOTAL

4.10 7.80 15.70 2.60 2.00 3.90 0.90 0.30 2.60


39.90

1,059.00 6,025.50 6,418.00 1,837.50 1,211.50 3,033.00 715.50 78.00 1,813.00


22,191.00

MORRISON
066923-0000001 RESTRUCTURING

FOERSTER
Invoice Number: 5060663 Invoice Date: August 24, 2011

Disbursement Detail
Date 26-Jun-2011 03-Jul-2011 27-Jun-2011 01-Jul-2011 30-Jun-2011 Disbursement Description Messenger Service- VENDOR: DELUXE DELIVERY SYSTEMS, INC. -Ticket Number 03377077; Messenger service delivery to 1 Bowling Green, New York. Messenger Service -VENDOR: DELUXE DELIVERY SYSTEMS, INC. -Ticket number 03390917; Messenger service delivery to 1 Bowling Green, New York. Reporting Fees- VENDOR: VERITEXTINEW YORK REPORTING COMPANY LLCCertified transcript; electronic service charges; shipping and handling. Travel Invoice#: 11261536 Voucher#: 867579 Travel Date: 06/23/11 From: M 1290 6 AVE To: M 1 BOWLING GREE B On-line Research- OTHER DATABASE 5445 IN RE: INNKEEPERS USA TRUST 22 Transaction Date 06-Jul-2011 21-Jul-2011 Daily Total 2.40 0.10 Rate Quantity 0.10 0.10 24 1 2.50 Value 25.50 12.00 144.70 41.58 10.61 Value

Disbursement Type Photocopies

Photocopies Total Long Distance Telephone 06-Jul-2011 1.84 1.84

Long Distance Telephone Total On-line Research- OTHER DATABASE 30-Jun-2011 30-Jun-2011 30-Jun-2011 30-Jun-2011 30-Jun-2011 0.64 5.52 6.40 12.48 293.04 0.64 5.52 6.40 12.48 293.04 1 1 1 1 1

1.84

On-line Research- OTHER DATABASE Total

318.08

Total Disbursements

556.81

......

MORRISON
066923-0000001 RESTRUCTURING

I
FOERSTER

'
'

Invoice Number: 5060663 Invoice Date: August 24,2011

COST CODE SUMMARY: Task Code 004 005 057 073 097 054 Description Photocopies Long Distance Telephone Reporting Fees Travel On-line Research- OTHER DATABASE Messenger Service TOTAL Amount 2.50 1.84 144.70 41.58 328.69 37.50 556.81

Total Disbursements

556.81

Total This Invoice

USD ===22=,7=4=7=.8=1

10

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