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Objection Deadline: April 4, 2012 at 4:00 p.m. (Eastern Time)

Andrew G. Dietderich John J. Jerome Michael H. Torkin Mark U. Schneiderman SULLIVAN & CROMWELL LLP 125 Broad Street New York, New York 10004 Telephone: (212) 558-4000 Facsimile: (212) 558-3588 Counsel to the Debtors and Debtors in Possession UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF NEW YORK

Pauline K. Morgan Joseph M. Barry YOUNG CONAWAY STARGATT & TAYLOR, LLP 1270 Avenue of the Americas Suite 2210 New York, New York 10020 Telephone: (212) 332-8840 Facsimile: (212) 332-8855 Counsel to the Debtors and Debtors in Possession1

In re: EASTMAN KODAK COMPANY, et al.,2 Debtors.

) ) ) ) ) ) )

Chapter 11 Case No. 12-10202 (ALG)

(Jointly Administered)

MONTHLY STATEMENT OF SERVICES RENDERED AND EXPENSES INCURRED BY YOUNG CONAWAY STARGATT & TAYLOR, LLP FOR THE DEBTORS FOR THE PERIOD JANUARY 19, 2012 THROUGH FEBRUARY 29, 2012

All parties in interest with inquiries regarding this Statement should direct such inquiries to Young Conaway Stargatt & Taylor, LLP. The Debtors in these chapter 11 cases, along with the last four digits of each Debtors federal tax identification number, are: Eastman Kodak Company (7150); Creo Manufacturing America LLC (4412); Eastman Kodak International Capital Company, Inc. (2341); Far East Development Ltd. (2300); FPC Inc. (9183); Kodak (Near East), Inc. (7936); Kodak Americas, Ltd. (6256); Kodak Aviation Leasing LLC (5224); Kodak Imaging Network, Inc. (4107); Kodak Philippines, Ltd. (7862); Kodak Portuguesa Limited (9171); Kodak Realty, Inc. (2045); Laser-Pacific Media Corporation (4617); NPEC Inc. (5677); Pakon, Inc. (3462); and Qualex Inc. (6019). The location of the Debtors corporate headquarters is: 343 State Street, Rochester, NY 14650.

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Name of Applicant

Young Conaway Stargatt & Taylor, LLP (YCST)

Authorized to Provide Professional Services to: Debtors and Debtors in Possession Date of Retention Order entered on March 5, 2012 retaining YCST, nunc pro tunc to January 19, 2012 January 19, 2012 through February 29, 2012

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

$669,607.50

$22,435.11

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In accordance with this Courts Order Establishing Procedures for Interim Compensation and Reimbursement of Expenses for Professionals [Docket No. 363] (the Interim Compensation Order), Young Conaway Stargatt & Taylor, LLP (YCST), counsel to the above-captioned debtors and debtors in possession (collectively, the Debtors), hereby submits its Monthly Statement of Services Rendered and Expenses Incurred for the Period January 19, 2012 through February 29, 2012 (the Statement). Itemization of Services Rendered and Disbursements Incurred 1. Attached hereto as Exhibit A is a summary of the services rendered by

YCST for which compensation is sought, by project category. 2. Attached hereto as Exhibit B is a listing of YCST professionals and

paraprofessionals, including the standard hourly rate for each attorney and paraprofessional (collectively, the YCST Professionals) who rendered services to the Debtors in connection with these chapter 11 cases during the period January 19, 2012 through February 29, 2012 (the Statement Period) and the title, hourly rate, aggregate hours worked and the amount of fees earned by each YCST Professional. The blended hourly billing rate of attorneys for all services during the Statement Period is $410.43. The blended hourly billing rate of all paraprofessionals is $228.53. 3. Attached hereto as Exhibit C are the time records of YCST, which provide

a daily summary of the time spent by each YCST Professional during the Statement Period by project category. 4. Attached hereto as Exhibit D is a detailed itemization of expenses.

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Billing Adjustments 5. In the exercise of its billing judgment, YCST has written off a total of

$8,619.50 in fees, including 50% of non-working travel time to and from Rochester, New York, and 100% of non-working travel time to and from New York, New York, or approximately 1.28% of the total amount sought herein. Total Fees and Expenses Sought for the Statement Period 6. The total amounts sought for fees for professional services rendered and

reimbursement of expenses incurred for the Statement Period are as follows: Total Fees Total Expenses TOTAL $669,607.50 $22,435.11 $692,042.61

7.

Pursuant to the Interim Compensation Order, YCST seeks payment of

$558,121.11 from the Debtors for the Statement Period (the Interim Amount), representing (a) 80% of YCSTs total fees for services rendered and (b) 100% of the total expenses incurred. Notice and Objection Procedures 8. In accordance with the Interim Compensation Order, notice of the

Statement has been served upon the following parties (collectively, as further defined in the Interim Compensation Order, the Notice Parties): (i) Kodak, 343 State Street, Rochester, New York 14650, Attn.: Dorothy Cusker; (ii) counsel to the Debtors, Young Conaway Stargatt & Taylor, LLP, 1000 North King Street, Wilmington, Delaware 19801, Attn.: Morgan L. Seward, Esq. and Sullivan & Cromwell LLP, 125 Broad Street, New York, New York 10004, Attn.: Judith R. Fiorini, Esq.; (iii) the U.S. Trustee, 33 Whitehall Street, 21st Floor, New York, New

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York, 10004; (iv) counsel to the Official Committee of Unsecured Creditors, Milbank, Tweed, Hadley & McCloy LLP, 1 Chase Manhattan Plaza, New York, New York 10005, Attn.: Dennis F. Dunne, Esq. and Tyson M. Lomazow, Esq.; (v) counsel to the agent for the Debtors postpetition secured lenders, Davis Polk & Wardell LLP, 450 Lexington Avenue, New York, New York 10017, Attn.: Marshall S. Huebner, Esq.; and (iv) counsel to the Ad Hoc Committee of Second Lien Noteholders, Akin Gump Strauss Hauer & Feld LLP, One Bryant Park, New York, New York 10036, Attn.: Michael S. Stamer, Esq. and David H. Botter, Esq. 9. Pursuant to the Interim Compensation Order, objections to this Statement,

if any, must be served upon the Notice Parties, including YCST, no later than April 4, 2012 (the Objection Deadline), setting forth the nature of the objection and the specific amount of fees and expenses at issue. 10. If no objections to the Statement are received by the Objection Deadline,

the Debtors will pay to YCST 80% of the fees and 100% of the expenses identified in the Statement.

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11.

To the extent an objection to the Statement is received on or before the

Objection Deadline, the Debtors will withhold payment of that portion of the Statement to which the objection is directed and will promptly pay the remainder of the fees and expenses in the percentages set forth above. To the extent such objection is not resolved, it shall be preserved and scheduled for consideration at the next interim fee application hearing. Dated: March 20, 2012 New York, New York /s/ Pauline K. Morgan Pauline K. Morgan Joseph M. Barry YOUNG CONAWAY STARGATT & TAYLOR, LLP 1270 Avenue of the Americas Suite 2210 New York, New York 10020 Telephone: (212) 332-8854 Facsimile: (212) 332-8855 Counsel to the Debtors and Debtors in Possession

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