some interesting line items in 4th monthly billing statement from fti to shc:
these three entries for time billed on 2/13:
Conduct research re: interplay "G" reorganizations, worthless stock deduction timing and tax years
Conduct research re: section 381 rules and timing of worthless stock deduction
Participate on call with Akin and Houlihan re: timing for worthless stock tax deduction and character issue
this entry was for time billed on 2/28:
Participate on call with Committee re: draft POR term sheet provisions, winddown budget, Chapter 7 alternatives and KEIP payments.
entry from 2/11 to 2/18:
Draft wind-down and remaining issues list
Update wind-down and remaining issues list for follow up with M-III
Review memorandum to Akin re: wind-down budget, 1Q KEIP, data preservation and TSA.
Review and provide comments on summary from M-III call re: wind-down
Prepare response to M-III re: wind-down budget
entries from 2/26 to 2/28:
Participate on call with professionals re: wind-down budget, proposed plan, and next steps.
Edit and supplement the question list to the Debtors on the wind-down budget.
Perform detailed review of the wind-down plan
Participate on call with professionals re: wind-down budget, proposed plan, and next steps
Participate on call with professionals re: wind-down budget, proposed plan, and next steps.
Prepare diligence questions re: wind-down budget
Review the wind-down budget.
Review open items from call with M-III re: wind-down budget
Participate on call with M-III re: administrative solvency tracker and wind-down budget.
Participate in meeting with team re: updated work plan, call with Houlihan and Akin re: agenda for meeting with Debtors' and Restructuring Committee's Advisors re: wind-down and form of plan of liquidation.
