UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF … · 2020. 11. 11. · 7297334 . united states bankruptcy court . southern district of new york . in re: the northwest company,

7297334

UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF NEW YORK

In re:

THE NORTHWEST COMPANY, LLC, et al.1

Debtors.

Chapter 11

Case No. 20-10990 (MEW)

(Jointly Administered)

NOTICE OF SIXTH MONTHLY FEE STATEMENT OF FINANCIAL ADVISOR FOR THE DEBTORS AND DEBTORS-IN-POSSESSION FOR THE PERIOD OF

OCTOBER 1, 2020 THROUGH OCTOBER 31, 2020

PLEASE TAKE NOTICE that pursuant to the Order Establishing Procedures for Interim

Compensation and Reimbursement of Expenses for Retained Professionals [Docket No 121], the

monthly fee statement of financial advisor for the above-captioned debtors and debtors-in-

possession for the period of October 1, 2020 through October 31, 2020 is attached as Exhibit A.

Dated: November 11, 2020 CLEAR THINKING GROUP LLC

/s/ Joseph Marchese Joseph Marchese, Partner 401 Towne Centre Drive Hillsborough, NJ 08844 (908) 431-2128 (Telephone)(908) 359-5940 (Facsimile)[email protected]

Financial Advisor to the Debtors and Debtors in Possession

1 The Debtors in these chapter 11 cases, along with the last four digits of each Debtor’s federal tax identification number, are: The Northwest Company, LLC (8132) and The Northwest.com LLC (1339). The location of the Debtors’ service address is: 49 Bryant Avenue, Roslyn, New York 11576.

20-10990-mew Doc 378 Filed 11/11/20 Entered 11/11/20 12:28:34 Main Document Pg 1 of 27

7297334

Exhibit A


Exhibit A

SERVICES RENDERED FOR CLIENT: The Northwest Comapany LLC, et all. Case No 20-10990

CONSULTANT SUMMARY Period: October 1-31, 2020

PROFESSIONAL INITIALS TITLE RATE HOURS FEESJoe Marchese JM Partner 600.00$ 71.52 42,912.00$ Edward Shine ES Manager 400.00$ 115.13 46,052.00$ John Fahim JF Consultant 300.00$ 15.00 4,500.00$ Pat Diercks PD Partner 600.00$ 0.00 -$ Joseph Wittpenn JW Consultant 400.00$ 0.00 -$ Thomas Burke TB Senior Consultant 175.00$ 1.80 315.00$

Grand Total 203.45 $93,779.00Blended Rate $460.94

Clear Thinking Group401 Towne Centre DriveHillsborough, NJ 08844

CTG Consultant Summary 1 of 24


Exhibit A

SERVICES RENDERED FOR CLIENT: The Northwest Comapany LLC, et all. Case No 20-10990

PROJECT SUMMARY Period: October 1-31, 2020

CODE PROJECT HOURS FEES

110 Case Administration 0.00 -$ 111 SOFA Preparation 0.00 -$ 112 General Creditor Inquiries 0.00 -$ 113 Pleadings and Motions 1.02 612.00$ 120 Asset Analysis & Recovery 0.00 -$ 121 Accounts Receivable Collection 0.92 552.00$ 130 Asset Sale and Disposition 5.47 3,282.00$ 133 Auction of Assets 0.00 -$ 150 Creditors Committee 0.22 132.00$ 155 Court Hearings 0.43 258.00$ 160 Fee Applications 6.61 3,131.00$ 170 Applicant Retention Agreement Preparation 0.00 -$ 181 Preference Analysis 0.00 -$ 185 Leases & Contracts 10.65 6,390.00$ 190 Contested Matters & Litigation 0.00 -$ 191 General Litigation 0.00 -$ 195 Non-working Travel 0.00 -$ 210 Business Operations 6.29 3,774.00$ 211 Financial Reports 136.63 60,896.00$ 212 Vendor Issues 2.73 1,638.00$ 220 Employee Benefits & Pensions 1.52 912.00$ 221 Employment Contracts 0.00 -$ 230 Financing, DIP Negotiation, Use of Cash Collateral 15.03 5,905.00$ 240 Tax Issues 2.29 1,374.00$ 241 Utility Issues 0.80 480.00$ 250 Real Estate 0.00 -$ 260 Board of Directors 0.00 -$ 310 Claims Administration 11.74 3,783.00$ 311 Reclamation Claims 0.00 -$

311.1 Secured Creditors 0.10 60.00$ 320 Plan & Disclosure Statement 1.00 600.00$ 321 Business Plan 0.00 -$

Total 203.45 93,779.00$


CTG Project Summary 2 of 24


Exhibit A

Detail billing record for client: The Northwest Comapany LLC, et all. Case No 20-10990

Code 113 - Pleadings & Motions Period: October 1-31, 2020

Date of Service

Provided by

Service Code Service provided Hours Fee

10/9/2020 JM 113 Review motion to convert to CH 11 from Ashford 0.67 402.00$ 10/13/2020 JM 113 Review objection to Interim Fee Apps by Ashford 0.35 210.00$

Totals 1.02 612.00$

By Professional:JM 1.02 612.00$ ES 0.00 -$ JF 0.00 -$

Total 1.02 612.00$


CTG Code 113 3 of 24


Exhibit A


Code 121 - Accounts Receivable Collection Period: October 1-31, 2020

Date of Service

Provided by


10/08/20 JM 121 Discuss customer chargeback with R Jolson (NW) 0.27 162.00$ 10/09/20 JM 121 Call w/M Lopizzo (NW) regarding WM invoicing and collections 0.45 270.00$ 10/09/20 JM 121 Discussions with J Kremberg (CIT) regarding AR collections 0.20 120.00$

Totals 0.92 552.00$


Total 0.92 552.00$




Exhibit A


Code 130 - Asset Sale & Disposition Period: October 1-31, 2020

Date of Service

Provided by


10/1/2020 JM 130 Continue to research questions from NWG regarding inventory at time of sale.

0.75 450.00$

10/1/2020 JM 130 Call w/SF regarding wilderness shipments 0.07 42.00$ 10/2/2020 JM 130 Call w/company regarding wilderness sales 0.55 330.00$ 10/5/2020 JM 130 Call with D Mintz (NWG) regarding inventory adjustment 0.47 282.00$ 10/5/2020 JM 130 Review information regarding inventory adjustment/unbilled sales 0.50 300.00$

10/6/2020 JM 130 Review unbilled inventory issue with R Jolson (NW) 0.23 138.00$ 10/6/2020 JM 130 Call with S Mieszkowski (NWG) regarding chargebacks on sales 0.63 378.00$

10/14/2020 JM 130 Call w/M Goldsmith (Sills) to discuss inventory settlement w/NWG

0.28 168.00$

10/23/2020 JM 210 Follow up w/S Ompertab (NWG) on WM shipments 0.30 180.00$ 10/26/2020 JM 210 Call w/T Bergman (NWG) regarding invoicing to WM 0.25 150.00$ 10/26/2020 JM 210 Call w/R Jolson (NW) regarding invoicing to WM 0.22 132.00$ 10/26/2020 JM 210 Call w/Standard Fiber regarding WM billing 0.15 90.00$ 10/26/2020 JM 210 Update counsel on Standard Fiber regarding WM billing 0.08 48.00$ 10/26/2020 JM 210 Follow up call w/R Jolson (NW) regarding WM invoicing 0.08 48.00$ 10/26/2020 JM 210 Follow up call w/R Jolson (NW) & T Bergman (NWG) regarding

invoicing for wilderness program0.18 108.00$

10/26/2020 JM 210 Follow up call w/R Jolson (NW) regarding documentation for WM invoicing

0.35 210.00$

10/27/2020 JM 210 Call w/R Jolson (NW) regarding invoicing to WM 0.18 108.00$ 10/30/2020 JM 210 Call w/S Grey (SF) regarding Walmart wilderness program 0.20 120.00$

Totals 5.47 3,282.00$

By Professional:JM 5.47 3,282.00$ ES 0.00 -$ JF 0.00 -$

Total 5.47 3,282.00$




Exhibit A


Code 150 - Creditors Committee Period: October 1-31, 2020

Date of Service

Provided by


10/23/2020 JM 150 Follow up w/Emerald regarding cash recovery. 0.22 132.00$

Totals 0.22 132.00$


Total 0.22 132.00$




Exhibit A


Code 155 - Court Hearings Period: October 1-31, 2020

Date of Service

Provided by


44124 JM 155 Court call regarding Interim Fee Apps and Bar Dates 0.43 258.00

Totals 0.43 258.00$


Total 0.43 258.00$




Exhibit A


Code 160 - Fee Applications Period: October 1-31, 2020

Date of Service

Provided by


10/02/20 JM 160 Review fee statements from Independent Manager per court order

0.58 348.00$

10/05/20 JM 160 Review time and prepare CTG Sep fee statement 1.00 600.00$ 10/05/20 TB 160 Data analysis and compilation of the September, 2020 Fee

Application1.80 315.00$

10/06/20 ES 160 Review Pro Fees Statement, Lownstein Sandler 0.35 140.00$ 10/06/20 JM 160 Prepare interim fee app for CTG 1.25 750.00$ 10/06/20 JM 160 Call w/G Kopacz (Sills) regarding Interim Fee App 0.27 162.00$ 10/09/20 JM 160 Call w/R Shoobs (MMG) regarding final fee app 0.45 270.00$ 10/20/20 JM 160 Call w/G Kopacz (Sills) regarding Interim Fee App 0.13 78.00$ 10/20/20 JM 160 Arrange payments for monthly fee apps per email from G

Kopacz (Sills)0.18 108.00$

10/20/20 JM 160 Review pro fee payment request from Lowenstein and arrange for payment

0.37 222.00$

10/27/20 JM 160 Review Emeralds fee app and arrange payment 0.23 138.00$

Totals 6.61 3,131.00$

By Professional:JM 4.46 2,676.00$ ES 0.35 140.00$ TB 1.80 315.00$ JF 0.00 -$

Total 6.61 3,131.00$




Exhibit A


Code 185 - Leases & Contracts Period: October 1-31, 2020

Date of Service

Provided by


10/1/2020 JM 185 Discussions w/J Teele (Sills) regarding lease rejections 0.23 138.00$ 10/1/2020 JM 185 Call w/T Lanes (NWG) to discuss contract assumptions 0.17 102.00$ 10/1/2020 JM 185 Call w/G Kopacz (Sills) to discuss contract rejections 0.08 48.00$ 10/2/2020 JM 185 Calls w/J Teele (Sills) to coordinate lease rejections 0.18 108.00$

10/14/2020 JM 185 Discussions with company regarding ASH facility lease 0.50 300.00$ 10/15/2020 JM 185 Review final sublease agreement with NWG 0.67 402.00$ 10/20/2020 JM 185 Call with T Lanes (NWG) to discuss outstanding contract issues 0.23 138.00$ 10/21/2020 JM 185 Review IT contracts with NWG for firm rejection dates 0.30 180.00$ 10/21/2020 JM 185 Collect and review contracts for rejection 1.08 648.00$ 10/21/2020 JM 185 Call with J Burns (NWG) to discuss outstanding contract issues 0.48 288.00$ 10/21/2020 JM 185 Continue to collect and review contracts for rejection 1.42 852.00$ 10/22/2020 JM 185 Misc correspondence with various vendors regarding contract

settlements0.42 252.00$

10/22/2020 JM 185 Discussion with T Reese (NWG) regarding contracts in NC facility

0.45 270.00$

10/22/2020 JM 185 Compile list of contracts and rejection dates. 0.83 498.00$ 10/22/2020 JM 185 Continue to compile list of contracts and rejection dates. 1.23 738.00$ 10/23/2020 JM 185 Discussions w/vendor regarding copier lease 0.55 330.00$ 10/23/2020 JM 185 Discussions w/G Kopacz (Sills) regarding rejection of

contracts/leases0.10 60.00$

10/23/2020 JM 185 Work with company to get information for rejecting contracts/leases

0.87 522.00$

10/27/2020 JM 185 Compile contract rejection list and send to NWG for comments 0.43 258.00$ 10/27/2020 JM 185 Call w/B Adams (NWG) regarding IT software contracts 0.08 48.00$ 10/28/2020 JM 185 Call w/J Teele (Sills) regarding lease rejections 0.23 138.00$ 10/30/2020 JM 185 Discussion w/G Kopacz (Sills) regarding lease rejections 0.12 72.00$

Totals 10.65 6,390.00$


Total 10.65 6,390.00$




Exhibit A


Code 210 - Business Operations Period: October 1-31, 2020

Date of Service

Provided by


10/2/2020 JM 210 Calls w/R Jolson (NW) regarding record retention 0.37 222.00$ 10/2/2020 JM 210 Coordinate moving of record retention for corporate records w/B

Chamale (NWG)0.37 222.00$

10/5/2020 JM 210 Call with insurance broker regarding NYS Disability insurance 0.15 90.00$ 10/5/2020 JM 210 Call with T Reese (NWG) regarding water damage insurance

claim0.28 168.00$

10/6/2020 JM 210 Follow up call with T Reese (NWG) regarding water damage insurance claim

0.07 42.00$

10/6/2020 JM 210 Discussions with J Kremberg (CIT) regarding pro fee escrow account

0.30 180.00$

10/7/2020 JM 210 Review work orders to repair NC location and respond to vendor 0.23 138.00$

10/12/2020 JM 210 Coordinate Ronda insurance claim w/C Jalbert (IM) 0.23 138.00$ 10/14/2020 JM 210 Review expense reports from EE's and respond to AP group 0.47 282.00$ 10/14/2020 JM 210 Call w/insurance broker (Genatt) to review cancellation of policies 0.32 192.00$

10/14/2020 JM 210 Call w/C Jalbert (IM) regarding D&O insurance tail 0.10 60.00$ 10/15/2020 JM 210 Compile payroll projection for WC insurance broker 0.45 270.00$ 10/20/2020 JM 210 Follow up with NWG regarding closing of locations and remaining

transition services0.22 132.00$

10/21/2020 JM 210 Follow up with S Ompertab (NWG) for documents on WM wilderness shipments

0.30 180.00$

10/21/2020 JM 210 Call with R Jolson (NW) regarding merchant bank accounts 0.07 42.00$ 10/23/2020 JM 210 Coordinate with contractor regarding insurance work at Ronda

location0.53 318.00$

10/27/2020 JM 210 Discussions with BankDirect regarding reduction of late fees 0.17 102.00$ 10/27/2020 JM 210 Review Ankura fee invoice and arrange payment 0.12 72.00$ 10/28/2020 JM 210 Call w/T Lanes (NWG) regarding transition services 0.43 258.00$ 10/29/2020 JM 210 Call w/T Reese (NWG) regarding insurance claim work 0.12 72.00$ 10/29/2020 JM 210 Call w/R Jolson (NW) to discuss inventory at ASH 0.30 180.00$ 10/29/2020 JM 210 Call w/J Burns (NWG) to discuss outstanding transition issues 0.27 162.00$ 10/29/2020 JM 210 Call w/T Lanes (NWG) regarding credit card transition issues 0.42 252.00$

Totals 6.29 3,774.00$


Total 6.29 3,774.00$




Exhibit A


Code 211 - Financial Reports Period: October 1-31, 2020

Date of Service Provided by


10/1/2020 ES 211 Review Daily Bank Activity - balances, cleared and outstanding checks 0.08 32.00$

10/1/2020 ES 211 Review daily AR and Loan Balances 0.62 248.00$ 10/1/2020 ES 211 Review Weekly A/P Reporting 0.63 252.00$ 10/1/2020 ES 211 Review Prepaid Reconciliation for August 0.42 168.00$ 10/1/2020 JF 211 Daily bank activity update 0.28 84.00$ 10/2/2020 ES 211 Review daily AR and Loan Balances 0.30 120.00$ 10/2/2020 ES 211 Review Prepaid Reconciliation for August 0.25 100.00$ 10/2/2020 ES 211 Continue to review Prepaid Reconciliation for August 1.67 668.00$ 10/2/2020 JF 211 Daily bank activity update 0.18 54.00$ 10/2/2020 JM 211 Calls w/I Singh (NWG) regarding vendor payable reports 0.18 108.00$ 10/2/2020 JM 211 Review WM wilderness sales files and compare to SF report 0.48 288.00$ 10/5/2020 ES 211 Review daily AR and Loan Balances 0.25 100.00$ 10/5/2020 ES 211 Review weekly A/P reporting 0.47 188.00$ 10/5/2020 ES 211 Review Daily Bank Activity - balances, cleared and outstanding

checks 0.27 108.00$

10/5/2020 ES 211 Review weekly A/R reporting 0.33 132.00$ 10/5/2020 ES 211 Review Prepaid Reconciliation for August 1.28 512.00$ 10/5/2020 JF 211 Weekly AP analysis 0.38 114.00$ 10/5/2020 JF 211 Weekly AR summary 0.12 36.00$ 10/5/2020 JF 211 Daily bank activity update 0.15 $ 45.00 10/6/2020 ES 211 Review Pro Fees Forecast 0.48 192.00$ 10/6/2020 ES 211 Review Invoices from Omni Management Group 0.53 212.00$ 10/6/2020 ES 211 Prepare MOR mapping schedule 2.02 808.00$ 10/6/2020 JF 211 Daily bank activity update 0.13 39.00$ 10/7/2020 ES 211 Call with company to review Prepaid balances 1.45 580.00$ 10/7/2020 ES 211 Review daily AR and Loan Balances 0.38 152.00$ 10/7/2020 ES 211 Prepare MOR mapping schedule 0.62 248.00$ 10/7/2020 ES 211 Continue to prepare MOR mapping schedule 1.98 792.00$ 10/7/2020 ES 211 Review Pro Fees Statements 0.77 308.00$ 10/7/2020 JF 211 Daily bank activity update 0.15 45.00$ 10/7/2020 JM 211 Call with R Andreola (NW) and E Shine (CTG) regarding Sep

financials 1.42 852.00$

10/8/2020 ES 211 Review daily AR and Loan Balances 0.30 120.00$ 10/8/2020 ES 211 Call with company to review entries into General Ledger 0.75 300.00$ 10/8/2020 JF 211 Daily bank activity update 0.20 60.00$ 10/8/2020 JM 211 Research deposits for NWG to estate account 0.33 198.00$ 10/8/2020 JM 211 Discuss Sep MOR with company 0.85 510.00$ 10/9/2020 JM 211 Review and approve weekly disbursements report 0.43 258.00$ 10/9/2020 JM 211 Call w/R Jolson (NW) and B Rousseau (NWG) regarding royalty

reports 0.63 378.00$

10/9/2020 JM 211 Review funds request report from NWG for merch deposits and compile proof and response 1.25 750.00$

10/12/2020 ES 211 Update weekly Accounts Rec reporting 0.22 88.00$ 10/12/2020 ES 211 Update weekly Accounts Pay reporting 0.53 212.00$ 10/12/2020 ES 211 Update daily bank activity file 1.67 668.00$ 10/12/2020 ES 211 Review daily AR and Loan Balances 0.48 192.00$ 10/12/2020 ES 211 Update weekly cash flow report 0.25 100.00$ 10/12/2020 JM 211 Compile expense reimbursement file from disbursement journal 1.17 702.00$ 10/13/2020 ES 211 Review daily AR and Loan Balances 0.10 40.00$ 10/13/2020 ES 211 Update daily bank activity file 0.33 132.00$ 10/13/2020 ES 211 Review September Bank Statements 0.27 108.00$ 10/13/2020 ES 211 Review Payroll Reporting 0.97 388.00$




Exhibit A






10/13/2020 JM 211 Review additional disbursements for reimbursement from NWG 0.82 492.00$ 10/13/2020 JM 211 Continue to compile reimbursement file for reimbursement from

NWG 0.75 450.00$

10/14/2020 ES 211 Review September Disbursement Journals 0.38 152.00$ 10/14/2020 ES 211 Review daily AR and Loan Balances 0.22 88.00$ 10/14/2020 ES 211 Update daily bank activity file 0.32 128.00$ 10/14/2020 ES 211 Review September MOR prepared by Company 1.02 408.00$ 10/15/2020 ES 211 Review September MOR prepared by Company 0.92 368.00$ 10/15/2020 ES 211 Review daily AR and Loan Balances 0.35 140.00$ 10/15/2020 ES 211 Call with company to review September MOR 5.23 2,092.00$ 10/15/2020 ES 211 Review GL Detail regarding out of balance issue 0.90 360.00$ 10/15/2020 JM 211 Finalize transition services reconciliation and send to NWG for

review. 0.80 480.00$

10/15/2020 JM 211 Initial review of MOR with company 2.48 1,488.00$ 10/15/2020 JM 211 Continue review of MOR with company 2.72 1,632.00$ 10/16/2020 ES 211 Review September MOR prepared by Company 1.58 632.00$ 10/16/2020 ES 211 Resume review of September MOR 0.83 332.00$ 10/16/2020 ES 211 Call with company to review September MOR 4.40 1,760.00$ 10/16/2020 JM 211 Review updated MOR with company 4.38 2,628.00$ 10/17/2020 ES 211 Prepare analysis of September General Ledger 1.80 720.00$ 10/18/2020 ES 211 Prepare analysis of September General Ledger 1.73 692.00$ 10/18/2020 ES 211 Cont. to prepare analysis of September General Ledger 1.48 592.00$ 10/19/2020 ES 211 Review daily AR and Loan Balances 0.33 132.00$ 10/19/2020 ES 211 Update weekly Accounts Pay reporting 0.48 192.00$ 10/19/2020 ES 211 Call with company to review September MOR 1.65 660.00$ 10/19/2020 JM 211 Review updated Sep MORs 1.58 948.00$ 10/19/2020 JM 211 Call with R Jolson (NW) regarding closing GL entries for 2019

taxes 0.63 378.00$

10/19/2020 JM 211 Call w/R Jolson (NW) regarding financials/MOR for Sep 2020 0.63 378.00$ 10/20/2020 ES 211 Update daily bank activity file 1.00 400.00$ 10/20/2020 ES 211 Call with J. Marchese regarding Due To/From accounts 0.33 132.00$ 10/20/2020 ES 211 Update weekly Accounts receivable reporting 0.35 140.00$ 10/20/2020 ES 211 Update weekly cash flow forecast 0.70 280.00$ 10/20/2020 ES 211 Continue to update weekly cash flow forecast 0.72 288.00$ 10/20/2020 ES 211 Review Issue with G/L out of balance 1.78 712.00$ 10/20/2020 JM 211 Review GL accounts associated with vendors and send to

company to confirm 0.67 402.00$

10/20/2020 JM 211 Compile cash position information for J Teele (Sills) for court hearing 0.23 138.00$

10/20/2020 JM 211 Call w/E Shine (CTG) regarding MOR accounts 0.35 210.00$ 10/20/2020 JM 211 Create closing GL entry based on accounts associated with

vendors from company 0.30 180.00$

10/20/2020 JM 211 Prepare entries and coordinate settlement of Transition Settlement 0.25 150.00$

10/20/2020 JM 211 Review and provide bank statements to UST 0.42 252.00$ 10/21/2020 ES 211 Review Issue with G/L out of balance 1.98 792.00$ 10/21/2020 ES 211 Resume review of issue with G/L out of balance 1.58 632.00$ 10/21/2020 ES 211 Prepare schedule to map GL accounts to Monthly Operating

Report 1.45 580.00$

10/21/2020 ES 211 Continue to prepare schedule to map GL accounts 0.85 340.00$ 10/21/2020 ES 211 Update daily bank activity file 0.33 132.00$ 10/21/2020 JM 211 Discuss settlement GL entries and payments with NWG 0.47 282.00$



Exhibit A






10/21/2020 JM 211 Review GL entries from outside accountants and discuss w/counsel and IM 0.38 228.00$

10/22/2020 ES 211 Prepare schedule to identify out of balance issue 0.92 368.00$ 10/22/2020 ES 211 Call with company to review September MOR 0.42 168.00$ 10/22/2020 ES 211 Review daily AR and Loan Balances 0.40 160.00$ 10/22/2020 ES 211 Continue to prepare schedule to identify out of balance issue 1.92 768.00$ 10/22/2020 ES 211 Resume preparation of schedule to identify out of balance issue 1.92 768.00$

10/22/2020 ES 211 Cont preparation of schedule to identify out of balance issue 1.78 712.00$ 10/22/2020 JM 211 Continue to review Sep financials for MOR 0.43 258.00$ 10/22/2020 JM 211 Call with R Jolson (NW) regarding funding 0.35 210.00$ 10/22/2020 JM 211 Discussion with T Lanes (NWG) regarding bank deposit account

recon 0.08 48.00$

10/22/2020 JM 211 Follow up call with J Burns (NWG) regarding bank deposit account recon 0.08 48.00$

10/23/2020 ES 211 Prepare schedule to identify out of balance issue 1.50 600.00$ 10/23/2020 ES 211 Review daily AR and Loan Balances 0.33 132.00$ 10/23/2020 ES 211 Prepare September MOR report 1.67 668.00$ 10/23/2020 ES 211 Prepare September MOR report cont. 2.00 800.00$ 10/23/2020 ES 211 Resume prep of September MOR report 1.17 468.00$ 10/24/2020 ES 211 Prepare September MOR report 1.85 740.00$ 10/25/2020 ES 211 Prepare September MOR report 1.55 620.00$ 10/26/2020 ES 211 Review Issue with G/L out of balance 1.18 472.00$ 10/26/2020 ES 211 Call with company to review September MOR 3.50 1,400.00$ 10/26/2020 ES 211 Reconcile Gain or Loss on MOR 1.85 740.00$ 10/26/2020 JF 211 Weekly AR summary 0.13 39.00$ 10/26/2020 JF 211 Weekly AP analysis 0.25 75.00$ 10/26/2020 JF 211 Daily bank activity update 0.15 45.00$ 10/26/2020 JM 211 Teams call w/company to review September financials for MOR 3.08 1,848.00$

10/27/2020 ES 211 Prepare September MOR report 1.42 568.00$ 10/27/2020 ES 211 Call with company to review September MOR 1.25 500.00$ 10/27/2020 ES 211 Cont Prepare September MOR report 1.25 500.00$ 10/27/2020 ES 211 Cont Prepare September MOR report (2) 1.73 692.00$ 10/27/2020 ES 211 Cont Prepare September MOR report (3) 1.05 420.00$ 10/27/2020 ES 211 Cont Prepare September MOR report (4) 0.68 272.00$ 10/27/2020 JF 211 Daily bank activity update 0.12 36.00$ 10/27/2020 JM 211 Follow up Teams call w/company to review September financials

for MOR 1.30 780.00$

10/28/2020 ES 211 Prepare September MOR report 1.48 592.00$ 10/28/2020 ES 211 Continue to prepare September MOR report 1.47 588.00$ 10/28/2020 ES 211 Continue to prepare September MOR report (cont) 1.33 532.00$ 10/28/2020 ES 211 Call with company to review September MOR 1.00 400.00$ 10/28/2020 ES 211 Prepare Draft of September MOR 1.75 700.00$ 10/28/2020 ES 211 Prepare Draft of September MOR (cont) 0.60 240.00$ 10/28/2020 JF 211 Daily bank activity update 0.13 39.00$ 10/28/2020 JM 211 Review updates to September MOR with company 0.93 558.00$ 10/29/2020 ES 211 Update daily bank activity file 0.82 328.00$ 10/29/2020 ES 211 Prepare MOR Updates 0.67 268.00$ 10/29/2020 ES 211 Review weekly Accounts Payable reporting 0.52 208.00$ 10/29/2020 ES 211 Cont to edit Monthly Operating Report 0.47 188.00$ 10/29/2020 ES 211 Review daily AR and Loan Balances 0.28 112.00$ 10/29/2020 ES 211 Update Pro Fees Recon 0.57 228.00$



Exhibit A






10/29/2020 JF 211 Daily bank activity update 0.18 54.00$ 10/29/2020 JM 211 Review changes to September MOR and send comments 0.97 582.00$ 10/29/2020 JM 211 Follow up call w/R Jolson (NW) to review inventory reports at

ASH 0.12 72.00$

10/29/2020 JM 211 Review commission reports and authorize payments 0.18 108.00$ 10/29/2020 JM 211 Review final Sep MOR report and approve for circulation 0.15 90.00$ 10/30/2020 ES 211 Edit Monthly Operating Report for signature page 0.55 220.00$ 10/30/2020 ES 211 Prepare schedule for September journal entries 0.93 372.00$ 10/30/2020 ES 211 Prepare Pro Fees reconciliation 1.37 548.00$ 10/30/2020 ES 211 Continue Pro Fees reconciliation 0.32 128.00$ 10/30/2020 ES 211 Call (J. Marchese) to discuss cash flow and professional fees 0.30 120.00$ 10/30/2020 ES 211 Continue Pro Fees reconciliation (2) 0.23 92.00$ 10/30/2020 JF 211 Daily bank activity update 0.15 45.00$ 10/30/2020 JM 211 Call w/E Shine (CTG) to regarding cash flow and pro fee escrow

proof 0.30 180.00$

Totals 136.63 60,896.00$

By Professional:JM 32.57 19,542.00$ ES 101.36 40,544.00$ JF 2.70 810.00$

Total 136.63 60,896.00$



Exhibit A


Code 212 - Vendor Issues Period: October 1-31, 2020

Date of Service

Provided by


10/1/2020 JM 212 Call w/R Auerbach regarding closing of vendor cell phone account

0.28 168.00$

10/6/2020 JM 212 Review shipping vendor questions with B Chamale (NWG) and respond

0.17 102.00$

10/7/2020 JM 212 Review West Point files from I Singh and respond to questions 0.32 192.00$ 10/8/2020 JM 212 Review invoices from water vendor and respond to company 0.42 252.00$

10/12/2020 JM 212 Call w/C Collins (Biehl) regarding outstanding UPS prepetition invoices

0.12 72.00$

10/12/2020 JM 212 Review vendor account (Fineline) and respond to NWG 0.22 132.00$ 10/20/2020 JM 212 Settle final T&E payment with Shanghai office 0.60 360.00$ 10/20/2020 JM 212 Review and settle outstanding issue with forklift vendor at Ronda

location0.18 108.00$

10/27/2020 JM 212 Review post-petition invoices for dropship provider and determine payment status

0.42 252.00$

Totals 2.73 1,638.00$


Total 2.73 1,638.00$




Exhibit A


Code 220 - Employee Benefits & Pensions Period: October 1-31, 2020

Date of Service

Provided by


10/13/2020 JM 220 Follow up w/K Martin (NWG) on cancellation of EE benefits 0.22 132.00$ 10/13/2020 JM 220 Review list of EE transitioned to NWG for benefits

reimbursement0.98 588.00$

10/20/2020 JM 220 Call with R Jolson (NW) regarding China EE's 0.32 192.00$

Totals 1.52 912.00$


Total 1.52 912.00$




Exhibit A


Code 230 - Financing, DIP Negotiation, Use of Cash Collateral Period: October 1-31, 2020

Date of Service

Provided by


10/1/2020 ES 230 Update Cash Flow 1.83 732.00$ 10/1/2020 ES 230 Continue update of Cash Flow 0.92 368.00$ 10/5/2020 ES 230 Update Cash Flow for Professional Fees, Verdolino & Lowey. P.C 0.37 148.00$ 10/5/2020 ES 230 Update Cash Flow 0.93 372.00$ 10/5/2020 ES 230 Continue update of Cash Flow 1.93 772.00$ 10/5/2020 ES 230 Cont update of Cash Flow 0.87 348.00$ 10/6/2020 ES 230 Update Cash Flow 0.45 180.00$ 10/6/2020 ES 230 CTG call (J. Marchese) to discuss Cash Flow 0.18 72.00$ 10/6/2020 ES 230 Continue update of Cash Flow 0.90 360.00$ 10/6/2020 JF 230 Updated pro fee schedule in cash flow 0.72 216.00$ 10/6/2020 JM 230 Call w/EShine (CTG) to discuss Cash Flow 0.18 108.00$ 10/7/2020 JF 230 Updated pro-fee schedule in cash flow 0.53 159.00$

10/12/2020 ES 230 Continue to update weekly cash flow report 1.27 508.00$ 10/12/2020 ES 230 Resume update of Cash Flow 0.95 380.00$ 10/26/2020 JF 230 Updated pro-fee schedule in cash flow 0.10 30.00$ 10/27/2020 JF 230 Updated pro fee schedule in cash flow 0.08 24.00$ 10/29/2020 ES 230 Update weekly cash flow forecast 1.13 452.00$ 10/29/2020 ES 230 Continue update of weekly cash flow forecast 0.97 388.00$ 10/29/2020 ES 230 Continue update of weekly cash flow forecast (2) 0.72 288.00$

Totals 15.03 5,905.00$

By Professional:JM 0.18 108.00$ ES 13.42 5,368.00$ JF 1.43 429.00$

Total 15.03 5,905.00$




Exhibit A


Code 240 - Tax Issues Period: October 1-31, 2020

Date of Service

Provided by


10/2/2020 JM 240 Call w/R Jolson (NW) regarding reports for tax accountants 0.15 90.00$ 10/5/2020 JM 240 Review sales tax reports from R Andreola and email response 0.08 48.00$ 10/7/2020 JM 240 Email correspondence with R Andreola (NW) and N Reilly (NWG)

regarding updated sales tax reports0.35 210.00$

10/14/2020 JM 240 Review tax claims by HR-Channel 0.25 150.00$ 10/14/2020 JM 240 Research RE Taxes on leased properties 0.63 378.00$ 10/16/2020 JM 240 Review tax email from HR-Channel and forward to counsel 0.48 288.00$ 10/29/2020 JM 240 Finalize changes to Shanghai tax analysis and send to company

for payment0.35 210.00$

Totals 2.29 1,374.00$


Total 2.29 1,374.00$




Exhibit A


Code 241 - Utility Issues Period: October 1-31, 2020

Date of Service

Provided by


10/06/20 JM 241 Review utility payment questions from R Vitale (NWG) and repsond

0.28 168.00$

10/21/20 JM 241 Discussions with utility provider regarding pre & post petition outstanding

0.52 312.00$

Totals 0.80 480.00$


Total 0.80 480.00$




Exhibit A


Code 310 - Claims Administration Period: October 1-31, 2020

Date of Service

Provided by


10/09/20 JM 310 Call with S Mieszkowski (NWG) regarding sales reps prepetition claims

0.12 72.00$

10/19/20 JM 310 Call w/J Teele (Sills) to discuss China office claim 0.37 222.00$ 10/19/20 JM 310 Call w/J Teele (Sills) to discuss court hearing 0.13 78.00$ 10/20/20 JM 310 Call w/S Cole (MLG&W) regarding claim 0.25 150.00$ 10/26/20 JF 310 Unsecured and priority claims analysis 2.58 774.00$ 10/26/20 JF 310 Continued working on unsecured and priority claims analysis 2.05 615.00$ 10/27/20 JF 310 Worked on unsecured and priority claims analysis 2.08 624.00$ 10/27/20 JF 310 Continued working on unsecured and priority claims analysis 1.12 336.00$

10/27/2020 JF 310 Continued analyzing unsecured and priority claims 1.57 471.00$ 10/28/20 JF 310 Unsecured and priority claims analysis 1.47 441.00$

Totals 11.74 3,783.00$

By Professional:JM 0.87 522.00$ ES 0.00 -$ JF 10.87 3,261.00$ JW 0.00 -$

Total 11.74 3,783.00$




Exhibit A


Code 311.1 - Secured Creditor Period: October 1-31, 2020

Date of Service

Provided by


10/1/2020 JM 311 Call w/J Kremberg (CIT) regarding status of accounts 0.10 $ 60.00

Totals 0.10 60.00$

By Professional:JM 0.10 60.00$ ES 0.00 -$ JF 0.00 -$ 0.00 -$

Total 0.10 60.00$


CTG Code 311.1 21 of 24


Exhibit A


Code 320 - Plan & Disclosure Statement Period: October 1-31, 2020

Date of Service

Provided by


10/30/2020 JM 320 Discussion w/J Teele (Sills) regarding chapter 7 conversion 0.17 102.00$ 10/30/2020 JM 320 Call w/R Jolson (NW) regarding of chpt 7 plan 0.58 348.00$ 10/30/2020 JM 320 Call w/R Andreola (NW) regarding chapter 7 conversion 0.25 150.00$

Totals 1.00 600.00$

By Professional:JM 1.00 600.00$

ARW 0.00 -$ ES 0.00 -$

0.00 -$ Total 1.00 600.00$




Exhibit B


EXPENSE SUMMARY BY PROFESSIONAL AND CATEGORY Period: October 1-31, 2020

Professional Air Fare Hotel Meals Auto Rental Parking, Gas,

Tolls Mileage Trans-

portation Admin TotalJM -$ ES -$ JF -$ -$ -$ SUBTOTAL -$ -$ -$ -$ -$ -$ -$ -$ -$

Conference Calls $0.00 -$ TOTAL -$ -$ -$ -$ -$ -$ -$ -$ -$

EXPENSE SUMMARY BY CATEGORY Period: October 1-31, 2020

EXPENSE CATEGORY AMOUNTAIR FARE -$ HOTEL -$ MEALS -$ AUTO RENTAL -$ PARKING, GAS, TOLLS -$ MILEAGE -$ TRANSPORTATION -$ ADMIN CHARGES -$ CONFERENCE CALLS -$ TOTALS -$


Clear Thinking Group

CTG Exhibit B - Expense Summary 23 of 24


Exhibit B


EXPENSE DETAIL Period: October 1-31, 2020

DATE PROF EXPENSE EXPENSE DESCRIPTION AMOUNT

TOTAL $0.00


CTG Exhibit B - Expense Detail 24 of 24


11/11/2020NC BK 2006

Company: Company:

Street: City:

City Roslyn State: NJState,Zip: NY 11576 Zip:Attn: Attn:

Phone:Fax:

Payment Terms

Hourly Fee Hours Total

October 1 Thru October 31, 2020 $93,779.00Total Fees: $93,779.00

Reimbursable Expenses:

Total Expenses:

Subtotal $93,779.00Sales Tax

Other

$93,779.00

Shipping & Handling

Please remit to Clear Thinking Group LLC via wire transferBank: TD Bank, NA, Cherry Hill, NJ; (908)359-7004

ABA# 031101266

Thank you for your business.

The Northwest Company

49 Bryant Ave

Clear Thinking GroupTO SUBMIT TO

Accounts Receivable

Hillsborough

Invoice

Invoice NumberInvoice Date

401 Towne Centre Drive

908-431-2121

08844

Professional Fees:

Robert Jolson

DescriptionUpon Receipt

Due Date908-359-5940

Total USD

NOTES/SPECIAL INSTRUCTIONS:

Acct# 7868062527


Consultant SummaryProject SummaryCode 113Code 121Code 130Code 150Code 155Code 160Code 185Code 210Code 211Code 212Code 220Code 230Code 240Code 241Code 310Code 311.1Code 320Exhibit B - Expense SummaryExhibit B - Expense DetailNC BK 2006.pdfinvoice

Documents

UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF … · 2020. 11. 11. · 7297334 . united states bankruptcy court . southern district of new york . in re: the northwest company,