SCHEDULE 2

MONTHLY STATEMENTS COVERED IN APPLICATION

(Attached)

DATE PERIOD 

COVERED

TOTAL 

FEES

20% 

DISCOUNT

FEES 

REQUESTED 

(90%)

HOLDBACK

(10%)

EXPENSES 

REQUESTED

07/15/22 June

2022

$121,455.50 $24,291.10 $87,447.96 $9,716.44 $1,231.71

08/12/22 July

2022

$50,130.00 $10,026.00 $36,093.60 $4,010.40 $581.87

09/14/22 August

2022

$51,559.50 $10,311.90 $37,122.84 $4,124.76 $0

10/30/22 September

2022

$50,051.00 $10,010.20 $36,036.72 $4,004.08 $0

Case:17-03283-LTS Doc#:22875-8 Filed:11/15/22 Entered:11/15/22 19:49:05 Desc:

Schedule 2 Page 1 of 73
255 Alhambra Circle, Suite 640

Coral Gables, Florida 33134

Writer’s Direct: 305-677-2728

jarrastia@continentalpllc.com

CONTINENTAL PLLC 

Florida – Washington D.C.

July 27, 2022

Via Electronic Mail

The Commonwealth of Puerto Rico

Puerto Rico Fiscal Agency and Financial Advisory Authority

c/o O’Melveny & Myers, LLP

Time Square Tower

7 Times Square

New York, NY 10036

Attn: John J. Rapisardi, Esq., Suzzanne Uhland, Esq. and Diana M. Perez, Esq.

Re: In re Commonwealth of Puerto Rico, et al. Case No. 17-BK-3283 (LTS)

(Jointly Administered) – Continental PLLC

June 2022 Monthly Fee Objection Statement

Dear Mr. Rapisardi, Ms. Uhland, and Ms. Perez:

By order entered March 18, 2022 [DE 20407] (the “Retention Order”), the U.S. District 

Court for the District of Puerto Rico authorized the employment and retention of Continental 

PLLC (“Continental”) as special litigation counsel to the Official Committee of Unsecured

Creditors.

In accordance with the second interim compensation order, dated June 6, 2018 (the 

“Interim Compensation Order”), on July 15, 2022, we served on the Notice Parties (as defined in 

the Interim Compensation Order) copies of Continental’s statements (the “June Fee Statement”) 

for certain services rendered and expenses incurred during the period ending June, 2022. 

A summary of the breakdown of fees and expenses in the June Fee Statement is provided

below for your ease of reference.

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Schedule 2 Page 2 of 73
July 27, 2022

Page 2

____________________

CONTINENTAL PLLC 

Florida – Washington D.C.

1. Commonwealth of Puerto Rico

i. Services rendered outside of Puerto Rico

Matter

Name

Invoice

Number

Fees 20%

Discount

($2,357.60)

Fees

Requested

to be Paid

(90%)

Expenses

Requested

to be Paid

(100%)

Fees &

Expenses

Requested

to be Paid

Commonwealth 

of Puerto Rico 253 $11,788.00 $9,430.40 $8,487.36 $1,231.71 $9,719.07

2. Puerto Rico Electric Power Authority (“PREPA”)

i. Services rendered outside of Puerto Rico

Matter

Name

Invoice

Number

Fees 20%

Discount

($21,933.50)

Fees

Requested

to be Paid

(90%)

Expenses

Requested

to be Paid

(100%)

Fees &

Expenses

Requested

to be Paid

PREPA 254 $109,667.50 $87,734.00 $78,960.60 $0.00 $78,960.60

The deadline to object to the June Fee Statement expired on July 25, 2022 at 4:00 p.m. (Atlantic 

Standard Time), without any objections. Therefore, Continental respectfully requests payment of 

$88,679.67 no later than 14 days after receipt of this letter to the following account:

Wiring and ACH Instructions:

Beneficiary Bank: City National Bank of Florida

Beneficiary Bank Address: 100 SE 2nd Street Miami, FL 33131

Please let me know if you have any questions regarding any of the foregoing.

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Schedule 2 Page 3 of 73
July 27, 2022

Page 3

____________________

CONTINENTAL PLLC 

Florida – Washington D.C.

Sincerely,

CONTINENTAL PLLC

John Arrastia

cc: Puerto Rico Department of Treasury

Attn: Reylam Guerra Goderich, Deputy Assistant of Central Accounting

Omar E. Rodriguez Perez, CPA, Assistant Secretary of Central Accounting

Angel L. Pantoja Rodriguez, Deputy Assistant Secretary of Internal Revenue &

Tax Policy

Francisco Pares Alicea, Assistant Secretary of Internal Revenue and Tax Policy

Francisco Pena Montanez, CPA, Assistant Secretary of the Treasure

Marini Pietrantoni Muniz, LLC

Attn: Luis C. Marini-Biaggi, Esq.

Carolina Velaz-Rivero, Esq.

Frank Rosado, Esq.

Ignacio Labarca, Esq.

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Continental PLLC

255 Alhambra Circle, Suite 640

Coral Gables, FL 33134

(305) 677-2707

July 11, 2022

PROMESA / UCC

Invoice Number: 254

Invoice Period: 06-01-2022 - 06-30-2022

Payment Terms: Upon Receipt

RE: PREPA

Time Details

Date Professional Task Hours Rate Amount

B150 - Meetings of and Communications with Creditors

06-10-2022 John Arrastia B150 - Meetings of and Communications with 

Creditors

0.20 575.00 115.00

Advise D. Mack (.2)

06-22-2022 John Arrastia B150 - Meetings of and Communications with 

Creditors

0.50 575.00 287.50

Confer with Committee regarding (.3); Confer with SCC Counsel (.2)

0.70 402.50

B155 - Court Hearing

06-29-2022 John Arrastia B155 - Court Hearing 0.40 575.00 230.00

Attend Omnibus hearing

0.40 230.00

B191 - General Litigation

06-01-2022 John Arrastia B191 - General Litigation 1.10 575.00 632.50

Review 

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Date Professional Task Hours Rate Amount

B191 - General Litigation

06-02-2022 Angelo Castaldi B191 - General Litigation 0.20 375.00 75.00

Communicate with counsel for Special Claims Committee and coordinate internally concerning

.

06-02-2022 Angelo Castaldi B191 - General Litigation 3.80 375.00 1,425.00

Analysis of issues and strategy re: and continue review of authorities

and caselaw , and attend to communications with co-plaintiff

counsel concerning coordination of briefing

06-03-2022 Angelo Castaldi B191 - General Litigation 3.20 375.00 1,200.00

Conduct substantial legal research concerning

06-03-2022 Angelo Castaldi B191 - General Litigation 0.80 375.00 300.00

Receive and review Motion to Strike Alchem's Affirmative Defenses or, in the alternative, for a More

Definite Statement, and strategize concerning reply

06-06-2022 Angelo Castaldi B191 - General Litigation 10.20 375.00 3,825.00

Substantial preparation, revision, and enhancement of response to omnibus motion to dismiss

06-06-2022 John Arrastia B191 - General Litigation 2.10 575.00 1,207.50

Review and analyze draft response to consolidated Omnibus Motion to Dismiss and strategize

06-06-2022 John Arrastia B191 - General Litigation 2.90 575.00 1,667.50

Strategize (.6); Confer with CST (.2); Outline 

 ( .7); Legal research and analysis (.7); Initial preparation

of reply (.7)

06-07-2022 John Arrastia B191 - General Litigation 6.80 575.00 3,910.00

Legal research and analysis regarding (1.9); Revise

and draft response to Omnibus Motion to Dismiss (2.6); Legal research regarding 

(.6); Draft reply to opposition (1.7)

06-07-2022 Angelo Castaldi B191 - General Litigation 2.90 375.00 1,087.50

Attend conference call regarding briefing, prepare for same, and detailed review of co-counsel's

briefing concerning same

06-08-2022 Angelo Castaldi B191 - General Litigation 3.90 375.00 1,462.50

Prepare, revise, and enhance response to Vitol motion

06-08-2022 John Arrastia B191 - General Litigation 2.40 575.00 1,380.00

Additional legal research (.6); Revise and finalize Reply to Alchem Response (1.8)

06-09-2022 John Arrastia B191 - General Litigation 575.00 No Charge

Review comments to Reply to Alchem Response

06-10-2022 John Arrastia B191 - General Litigation 3.80 575.00 2,185.00

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Date Professional Task Hours Rate Amount

B191 - General Litigation

Review case file regarding AP 388 and AP 453 (.8); Analyze case issues and strategize r

 (.8); Review claimed (.9);

Continued (1.3)

06-12-2022 John Arrastia B191 - General Litigation 0.70 575.00 402.50

Confer and strategize with J. Suarez (.3); Prepare report to Committee (.4)

06-13-2022 John Arrastia B191 - General Litigation 2.20 575.00 1,265.00

Confer and strategize regarding settlement proposal, including research and analysis 

06-13-2022 John Arrastia B191 - General Litigation 4.90 575.00 2,817.50

Confer and strategize with A. Castaldi and revise Response to Omnibus Motion to Dismiss (3.8);

additional analysis regarding (1.1)

06-13-2022 John Arrastia B191 - General Litigation 1.10 575.00 632.50

Strategize 

06-13-2022 Angelo Castaldi B191 - General Litigation 0.40 375.00 150.00

Review and analyze 

06-13-2022 Angelo Castaldi B191 - General Litigation 3.80 375.00 1,425.00

Conduct extensive legal research concerning and begin draft of

memorandum summarizing the same.

06-13-2022 Angelo Castaldi B191 - General Litigation 2.90 375.00 1,087.50

Conduct extensive legal research concerning and

begin draft of memorandum summarizing the same.

06-13-2022 Angelo Castaldi B191 - General Litigation 6.10 375.00 2,287.50

Strategize with J. Arrastia concerning omnibus motion to dismiss, and prepare extensive revisions

to omnibus response

06-14-2022 Angelo Castaldi B191 - General Litigation 4.30 375.00 1,612.50

Prepare extensive revisions to omnibus response to 12(b)(6) motion.

06-14-2022 Angelo Castaldi B191 - General Litigation 2.40 375.00 900.00

Conduct legal research concerning .

06-14-2022 Angelo Castaldi B191 - General Litigation 2.20 375.00 825.00

Prepare memorandum outlining .

06-14-2022 Angelo Castaldi B191 - General Litigation 1.10 375.00 412.50

Conduct legal research and

communicate with local counsel concerning certified translation.

06-14-2022 John Arrastia B191 - General Litigation 6.20 575.00 3,565.00

Address translation issues for supporting legal authority (.4); Confer with J. Casillas regarding

Puerto Rico law supporting additional theories (.2); Continued legal research and analysis 

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Date Professional Task Hours Rate Amount

B191 - General Litigation

(1.1); Confer and strategize on multiple occasions with A. Castaldi regarding

various issues in Opposition to Omnibus Motion to Dismiss (.8); Continued drafting and revision of

Opposition to Motion to Dismiss with emphasis 

(3.1); Strategize regarding (.6)

06-14-2022 Jesus Suarez B191 - General Litigation 1.80 500.00 900.00

Work on Response to Omnibus Motion to Dismiss.

06-14-2022 Jesus Suarez B191 - General Litigation 1.70 500.00 850.00

Work on response to Saybold MTD.

06-15-2022 Jesus Suarez B191 - General Litigation 2.40 500.00 1,200.00

Work on response to Inspectorate Motion to Dismiss.

06-15-2022 Jesus Suarez B191 - General Litigation 1.60 500.00 800.00

Continued work on Response to Omnibus Motion to Dismiss.

06-15-2022 John Arrastia B191 - General Litigation 1.80 575.00 1,035.00

Attention to certified translations (.3); Review PRADDA disclosure for CITI (.3); Additional review

and analysis of arguments in Response to Omnibus Motion to Dismiss and continued drafting (1.2)

06-15-2022 Angelo Castaldi B191 - General Litigation 2.70 375.00 1,012.50

Revise response to Vitol motion to dismiss.

06-15-2022 Angelo Castaldi B191 - General Litigation 2.40 375.00 900.00

Conduct legal research 

06-15-2022 Angelo Castaldi B191 - General Litigation 0.40 375.00 150.00

Review of LEI presentation concerning PREPA and material plan information.

06-15-2022 Angelo Castaldi B191 - General Litigation 0.60 375.00 225.00

Review of procedures concerning certified translations.

06-16-2022 Angelo Castaldi B191 - General Litigation 4.40 375.00 1,650.00

Prepare revisions to omnibus response to motion to dismiss.

06-16-2022 John Arrastia B191 - General Litigation 5.90 575.00 3,392.50

Review Court Order on Motion to Strike and strategize (.4); Confer with L. Rappaport regarding

 (.1); Continued drafting of additional arguments in Response to Motion to Dismiss

(4.3); Additional legal research and writing (1.1)

06-16-2022 Jesus Suarez B191 - General Litigation 2.40 500.00 1,200.00

Additional work on Response to Omnibus Motion to Dismiss.

06-16-2022 Jesus Suarez B191 - General Litigation 2.60 500.00 1,300.00

Work on Inspectorate Motion to Dismiss.

06-17-2022 Jesus Suarez B191 - General Litigation 4.30 500.00 2,150.00

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Date Professional Task Hours Rate Amount

B191 - General Litigation

Continued work on Omnibus Motion to Dismiss Response (3.4); revisions to Saybolt/Inspectorate

drafts (.9)

06-17-2022 John Arrastia B191 - General Litigation 3.60 575.00 2,070.00

Revise and finalize draft Opposition to Motion to Dismiss for delivery and collaboration with SCC

(3.2); Strategize with A. Castaldi regarding application of several arguments (.4)

06-17-2022 Angelo Castaldi B191 - General Litigation 4.30 375.00 1,612.50

Conduct extensive legal research concerning 

 and standards applicable 

06-17-2022 Angelo Castaldi B191 - General Litigation 3.90 375.00 1,462.50

Prepare revisions to omnibus response to motion to dismiss in conjunction with comments and

revisions by J. Arrastia.

06-17-2022 Angelo Castaldi B191 - General Litigation 0.20 375.00 75.00

Attend to communications with SCC counsel and strategize internally concerning the same.

06-17-2022 Angelo Castaldi B191 - General Litigation 0.60 375.00 225.00

Review of authorities concerning "

06-18-2022 John Arrastia B191 - General Litigation 3.70 575.00 2,127.50

Draft, revise, and prepare opposition to Vitol Motion to Dismiss (2.4); Additional legal research and

analysis regarding case issues and arguments (1.3)

06-19-2022 John Arrastia B191 - General Litigation 2.60 575.00 1,495.00

Continued preparation and opposition to Vitol Motion to Dismiss (1.7); Continued legal research

and analysis regarding case issues and arguments (.9)

06-20-2022 John Arrastia B191 - General Litigation 5.60 575.00 3,220.00

Revise draft response to Omnibus Motion to Dismiss (.7); Review and strategize regarding request

for judicial notice (.3); Revise and finalize collaboration draft of opposition to Vitol Motion to Dismiss

(4.6)

06-20-2022 Angelo Castaldi B191 - General Litigation 8.20 375.00 3,075.00

Prepare and revise response to Vitol motion to dismiss, and conduct relevant legal research

concerning the same.

06-20-2022 Jesus Suarez B191 - General Litigation 3.20 500.00 1,600.00

Work on response to Omnibus Motion to Dismiss.

06-21-2022 Jesus Suarez B191 - General Litigation 3.40 500.00 1,700.00

Work on revisions to opposition of Vitol (1.2), Saybolt (.8) and Inspectorate (1.4) MTD's.

06-21-2022 Angelo Castaldi B191 - General Litigation 6.30 375.00 2,362.50

Review and revise response to Inspectorate motion to dismiss and conduct related research.

06-21-2022 Angelo Castaldi B191 - General Litigation 4.80 375.00 1,800.00

Review and revise response to Saybolt motion to dismiss and conduct related research.

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Date Professional Task Hours Rate Amount

B191 - General Litigation

06-21-2022 John Arrastia B191 - General Litigation 5.20 575.00 2,990.00

Review and analyze oppositions to motions to dismiss filed by Inspectorate and Saybolt (1.1);

Prepare revisions and commentary to Saybolt (2.8); Review comments to Inspectorate (.6); Review

translated legal authority (.4); Review additions to Inspectorate (.3)

06-22-2022 John Arrastia B191 - General Litigation 7.70 575.00 4,427.50

Review and revise and prepare next draft of Opposition to Motion to Dismiss filed by Inspectorate (.

8); Review and revise and prepare next draft of Opposition to Motion to Dismiss filed by Saybolt

(2.1); Review and revise and prepare next draft of Opposition to Motion to Dismiss filed by Vitol

(2.2); Review and revise and prepare next draft of to Omnibus Motion to Dismiss (2.6)

06-22-2022 Jesus Suarez B191 - General Litigation 2.70 500.00 1,350.00

06-22-2022 Angelo Castaldi B191 - General Litigation 5.40 375.00 2,025.00

Conduct extensive legal research concerning s.

06-22-2022 Angelo Castaldi B191 - General Litigation 0.40 375.00 150.00

Review of status of plan negotiations and Title III case.

06-22-2022 Angelo Castaldi B191 - General Litigation 0.30 375.00 112.50

Review of briefing concerning Cobra's lift stay litigation.

06-23-2022 Angelo Castaldi B191 - General Litigation 5.20 375.00 1,950.00

Prepare revisions to strategize internally with J. Arrastia concerning 

and attend to communications with S. Dwoskin and Brown Rudnick team concerning 

06-23-2022 Angelo Castaldi B191 - General Litigation 2.70 375.00 1,012.50

Review and prepare revisions to Vitol, Saybolt, and Inspectorate responses, strategize internally

with J. Arrastia concerning the same, and attend to communications with S. Dwoskin and Brown

Rudnick team concerning the same.

06-23-2022 Angelo Castaldi B191 - General Litigation 2.90 375.00 1,087.50

Review of "request" / motion of defendants concerning judicial notice and conduct legal research of

First Circuit and other relevant federal authorities concerning the same.

06-23-2022 Jesus Suarez B191 - General Litigation 2.40 500.00 1,200.00

Provide research in support of 

06-23-2022 Jesus Suarez B191 - General Litigation 1.90 500.00 950.00

Provide input concerning Vitol,

06-23-2022 John Arrastia B191 - General Litigation 5.70 575.00 3,277.50

Review translated legal authority (.3); Confer with SCC regarding j (.3); Strategize

regarding 3); Continued revision of responses to Omnibus Motion to Dismiss and

Vitol Motion to Dismiss (1.1); Revise Opposition to Saybolt's Motion to Dismiss (1.8); Revise

Opposition to Inspectorate's Motion to Dismiss (.8); Additional comments to Opposition to Vitol

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Date Professional Task Hours Rate Amount

B191 - General Litigation

Motion to Dismiss (.6); Confer with L. Rappaport (.2); Confer with SCC

2); Review comments on argument

06-24-2022 John Arrastia B191 - General Litigation 4.10 575.00 2,357.50

Review, revise, and finalize Opposition to Motion to Dismiss filed by Inspectorate (.6); Review,

revise, and finalize Opposition to Motion to Dismiss filed by Saybolt (.7); Review, revise, and

finalize Opposition to Motion to Dismiss filed by Vitol (.8); Review, revise, and finalize Opposition to

Omnibus Motion to Dismiss (1.3); Prepare and finalize response to notice for judicial notice (.7)

06-24-2022 Angelo Castaldi B191 - General Litigation 3.10 375.00 1,162.50

Prepare and revise , confer internally with J. Arrastia

concerning and attend to communications with Brown Rudnick and local counsel

concerning 

06-24-2022 Angelo Castaldi B191 - General Litigation 2.90 375.00 1,087.50

Conduct final review and analysis of omnibus response to motion to dismiss, and responses to

Saybolt, Vitol, and Inspectorate motions.

06-24-2022 Angelo Castaldi B191 - General Litigation 0.40 375.00 150.00

Review and analyze declaration of J. White in support of motion to dismiss.

06-24-2022 Jesus Suarez B191 - General Litigation 2.60 500.00 1,300.00

Provide final comments and revisions to Omnibus Motion to Dismiss (.6); Vitol Motion to Dismiss (.

3); Inspectorate MTD (.8); Saybold MTD (.5); and judicial notice issues (.4).

Opposition to Motion to Dismiss filed by Inspectorate (.6); Review, revise, and finalize Opposition to

Motion to Dismiss filed by Saybolt (.7); Review, revise, and finalize Opposition to Motion to Dismiss

filed by Vitol (.8); Review, revise, and finalize Opposition to Omnibus Motion to Dismiss (1.3);

Prepare and finalize response to notice for judicial notice (.7)

06-27-2022 Angelo Castaldi B191 - General Litigation 0.30 375.00 112.50

Review of updates concerning PREPA plan of adjustment and mediation, and consider materials

circulated by Paul Hastings concerning the same.

06-27-2022 Angelo Castaldi B191 - General Litigation 0.20 375.00 75.00

Review and analyze Omnibus Reply of Financial Oversight and Management Board in Support of

Motion to Extend Mediation Date and Related Path Forward Deadline, and review of Committee's

prior positions concerning the same.

06-28-2022 Angelo Castaldi B191 - General Litigation 0.20 375.00 75.00

Review and consider order granting the Oversight Board’s and Mediation Team’s requests to

extend the PREPA mediation by one month until August 1, 2022.

06-28-2022 John Arrastia B191 - General Litigation 0.20 575.00 115.00

Review AAFAF Status Report (.1); Review FOMB Status Report (.1)

06-29-2022 John Arrastia B191 - General Litigation 3.30 575.00 1,897.50

Review correspondence from Alchem counsel (.1); Review Filing (.3); Review case file (.3);

Strategize (.7); Confer with SCC (.2); Analysis w (.9);

Confer with CST (.4); Confer and strategize with A.

Castaldi (.4)

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Date Professional Task Hours Rate Amount

B191 - General Litigation

06-29-2022 John Arrastia B191 - General Litigation 575.00 No Charge

Review Court Order on Mediation (.1)

06-29-2022 Angelo Castaldi B191 - General Litigation 0.90 375.00 337.50

Review of communication from counsel for Alchem, review of motion circulated by said counsel,

and review of authorities contained therein.

06-29-2022 Jesus Suarez B191 - General Litigation 0.50 500.00 250.00

Review issues concerning Alchem and proposed response to Motion.

06-30-2022 John Arrastia B191 - General Litigation 1.10 575.00 632.50

Strategize with A. Castaldi regarding Motion for Waiver (.4); Review draft from SCC (.4); Provide

revisions and comments (.3)

06-30-2022 Angelo Castaldi B191 - General Litigation 0.70 375.00 262.50

Prepare for and attend teleconference with SCC.

06-30-2022 Angelo Castaldi B191 - General Litigation 0.40 375.00 150.00

Review of correspondence from A. Bongartz, including research

and recent orders of the Honorable Judge Swain.

231.20 107,827.50

B260 - Meeting with FOMB and SCC

06-07-2022 John Arrastia B260 - Meeting with FOMB and SCC 0.60 575.00 345.00

Prepare for and attend strategy call with SCC Counsel

06-10-2022 John Arrastia B260 - Meeting with FOMB and SCC 0.50 575.00 287.50

Confer with FOMB regarding 3); Confer with Tristan Axlerood (.2)

06-13-2022 John Arrastia B260 - Meeting with FOMB and SCC 0.20 575.00 115.00

Confer with L. Rappaport regarding 

06-28-2022 John Arrastia B260 - Meeting with FOMB and SCC 0.20 575.00 115.00

Confer with SCC regarding proposed settlement (.1); Confer with FOMB counsel regarding

 (.1)

06-30-2022 John Arrastia B260 - Meeting with FOMB and SCC 0.60 575.00 345.00

Strategize (.3); Confer with SCC (.3)

2.10 1,207.50

Total 109,667.50

Time Summary

Task Hours Amount

B150 - Meetings of and Communications with Creditors 0.70 402.50

B155 - Court Hearing 0.40 230.00

B191 - General Litigation 231.20 107,827.50

B260 - Meeting with FOMB and SCC 2.10 1,207.50

Total Fees 109,667.50

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Total for this Invoice 109,667.50

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PROMESA / UCC

July 11, 2022

Continental PLLC

255 Alhambra Circle, Suite 640

Coral Gables, FL 33134

Invoice Number: 254

Invoice Period: 06-01-2022 - 06-30-2022

REMITTANCE COPY

RE: PREPA

Fees 109,667.50

Total for this Invoice 109,667.50

Previous Balance 262,325.17

Matter Invoices /

Credits

Trust Balance Due

Commonwealth of Puerto Rico 103,495.67 103,495.67

ERS 800.00 800.00

HTA 6,292.50 6,292.50

PREPA 261,404.50 261,404.50

Total Amount to Pay 371,992.67

Open Invoices and Credits

Date Transaction Matter Amount Applied Balance

03-04-2022 Invoice 141 Commonwealth of Puerto Rico 38,828.00 38,828.00

03-04-2022 Invoice 142 HTA 862.50 862.50

03-04-2022 Invoice 143 PREPA 7,506.00 7,506.00

04-14-2022 Invoice 167 Commonwealth of Puerto Rico 17,343.96 17,343.96

04-14-2022 Invoice 168 ERS 172.50 172.50

04-14-2022 Invoice 169 HTA 115.00 115.00

04-14-2022 Invoice 170 PREPA 5,867.50 5,867.50

05-09-2022 Invoice 217 HTA 1,220.00 1,220.00

05-09-2022 Invoice 218 PREPA 34,247.50 34,247.50

05-10-2022 Invoice 220 Commonwealth of Puerto Rico 12,006.00 12,006.00

06-13-2022 Invoice 246 Commonwealth of Puerto Rico 22,298.00 22,298.00

06-13-2022 Invoice 247 ERS 627.50 627.50

06-13-2022 Invoice 248 HTA 4,095.00 4,095.00

06-13-2022 Invoice 249 PREPA 104,116.00 104,116.00

07-11-2022 Invoice 253 Commonwealth of Puerto Rico 13,019.71 13,019.71

07-11-2022 Invoice 254 PREPA 109,667.50 109,667.50

Balance 371,992.67

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11

WIRE TRANSFER INFORMATION

 

 

 

 

 

 

For Confirmation of Wire Instructions, please call: JESUS M. SUAREZ (305)677-2707.

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7

Continental PLLC

255 Alhambra Circle, Suite 640

Coral Gables, FL 33134

(305) 677-2707

July 11, 2022

PROMESA / UCC

Invoice Number: 253

Invoice Period: 06-01-2022 - 06-30-2022

Payment Terms: Upon Receipt

RE: Commonwealth of Puerto Rico

Time Details

Date Professional Task Hours Rate Amount

B110 - Case Administration

06-07-2022 Heather Gray B110 - Case Administration 0.30 135.00 40.50

Review of daily litigation summary prepared by C. Alvarez, including calendaring, and updating

electronic case file.

06-13-2022 Heather Gray B110 - Case Administration 0.30 135.00 40.50

Review of daily litigation summary prepared by C. Alvarez, including calendaring, and updating

electronic case file.

06-21-2022 Heather Gray B110 - Case Administration 0.30 135.00 40.50

Review of daily litigation summary prepared by C. Alvarez, including calendaring, and updating

electronic case file.

06-22-2022 Heather Gray B110 - Case Administration 0.40 135.00 54.00

Prepare for filing and file, Second Supplemental Declaration of John Arrastia re: Retention of

Continental PLLC as Special Litigation Counsel [DE 21306] (.3); confer with staff at Kroll regarding

Certificate of Service and related service of same (.1)

06-28-2022 Heather Gray B110 - Case Administration 0.30 135.00 40.50

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Date Professional Task Hours Rate Amount

B110 - Case Administration

Review of daily litigation summary prepared by C. Alvarez, including calendaring, and updating

electronic case file.

1.60 216.00

B113 - Pleadings Review

06-03-2022 Carlos Alvarez B113 - Pleadings Review 1.70 315.00 535.50

Receive, review, and analyze numerous pleadings for weekly status report to be reviewed by all

attorneys.

06-07-2022 Carlos Alvarez B113 - Pleadings Review 0.80 315.00 252.00

Receive, review, and analyze numerous pleadings and finalize weekly status report for June 1 to 7,

and circulate for review by all attorneys and calendaring of deadlines by paralegal.

06-08-2022 Carlos Alvarez B113 - Pleadings Review 0.30 315.00 94.50

Receive, review, and analyze numerous pleadings for weekly status report to be reviewed by all

attorneys.

06-10-2022 Carlos Alvarez B113 - Pleadings Review 0.90 315.00 283.50

Receive, review, and analyze numerous pleadings for weekly status report to be reviewed by all

attorneys.

06-13-2022 Carlos Alvarez B113 - Pleadings Review 1.60 315.00 504.00

Receive, review, and analyze numerous pleadings and finalize weekly status report for June 8 to

12, and circulate for review by all attorneys and calendaring of deadlines by paralegal.

06-14-2022 Carlos Alvarez B113 - Pleadings Review 0.60 315.00 189.00

Receive, review, and analyze numerous pleadings for weekly status report to be reviewed by all

attorneys.

06-17-2022 Carlos Alvarez B113 - Pleadings Review 1.30 315.00 409.50

Receive, review, and analyze numerous pleadings for weekly status report to be reviewed by all

attorneys.

06-20-2022 Carlos Alvarez B113 - Pleadings Review 1.60 315.00 504.00

Receive, review, and analyze numerous pleadings for weekly status report to be reviewed by all

attorneys.

06-21-2022 Carlos Alvarez B113 - Pleadings Review 0.70 315.00 220.50

Receive, review, and analyze numerous pleadings and finalize weekly status report for June 13 to

20, and circulate for review by all attorneys and calendaring of deadlines by paralegal.

06-23-2022 Carlos Alvarez B113 - Pleadings Review 0.80 315.00 252.00

Receive, review, and analyze numerous pleadings for weekly status report to be reviewed by all

attorneys.

06-27-2022 Carlos Alvarez B113 - Pleadings Review 0.40 315.00 126.00

Receive, review, and analyze numerous pleadings for weekly status report to be reviewed by all

attorneys.

06-28-2022 Carlos Alvarez B113 - Pleadings Review 4.20 315.00 1,323.00

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Date Professional Task Hours Rate Amount

B113 - Pleadings Review

Receive, review, and analyze numerous pleadings and finalize weekly status report for June 21 to

27, and circulate for review by all attorneys and calendaring of deadlines by paralegal.

06-30-2022 Carlos Alvarez B113 - Pleadings Review 1.20 315.00 378.00

Receive, review, and analyze numerous pleadings for weekly status report to be reviewed by all

attorneys.

16.10 5,071.50

B150 - Meetings of and Communications with Creditors

06-01-2022 John Arrastia B150 - Meetings of and Communications with 

Creditors

1.20 575.00 690.00

Bi-weekly Committee Meeting regarding 

06-15-2022 John Arrastia B150 - Meetings of and Communications with 

Creditors

0.60 575.00 345.00

Confer with Committee regarding 

06-29-2022 John Arrastia B150 - Meetings of and Communications with 

Creditors

0.40 575.00 230.00

Attend bi-weekly call with Committee regarding 

2.20 1,265.00

B160 - Fee/Employment Application

06-01-2022 Heather Gray B160 - Fee/Employment Application 0.60 135.00 81.00

Confer with J. Arrastia re: Continental PLLC's April 2022 Monthly Fee Objection Statement,

including summary of amounts due, and disseminate for payment.

06-03-2022 John Arrastia B160 - Fee/Employment Application 0.60 575.00 345.00

Review inquiries of U.S. Trustee regarding 

06-04-2022 John Arrastia B160 - Fee/Employment Application 1.10 575.00 632.50

Research case file and respond to inquiries of U.S. Trustee regarding .

06-06-2022 John Arrastia B160 - Fee/Employment Application 0.30 575.00 172.50

Email correspondence to DOJ regarding

06-13-2022 John Arrastia B160 - Fee/Employment Application 2.70 575.00 1,552.50

Evaluate correspondence from U.S. Trustee relating 

06-14-2022 John Arrastia B160 - Fee/Employment Application 0.40 575.00 230.00

Finalize correspondence from U.S. Trustee relating 

06-14-2022 John Arrastia B160 - Fee/Employment Application 0.30 575.00 172.50

Confer with counsel regarding 

06-14-2022 John Arrastia B160 - Fee/Employment Application 0.20 575.00 115.00

Revise budget

06-17-2022 John Arrastia B160 - Fee/Employment Application 0.40 575.00 230.00

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Date Professional Task Hours Rate Amount

B160 - Fee/Employment Application

Review correspondence with U.S Trustee regarding PRRADA disclosures

06-21-2022 John Arrastia B160 - Fee/Employment Application 0.10 575.00 57.50

Confer with UST regarding 

06-22-2022 John Arrastia B160 - Fee/Employment Application 0.60 575.00 345.00

Prepare Second Declaration regarding 

06-22-2022 Jesus Suarez B160 - Fee/Employment Application 0.30 500.00 150.00

Review Second PRRADA declaration of J. Arrastia and provide comment.

06-23-2022 John Arrastia B160 - Fee/Employment Application 0.40 575.00 230.00

Finalize fee statement for submission to client

06-23-2022 John Arrastia B160 - Fee/Employment Application 0.10 575.00 57.50

Confer with UST regarding 

06-30-2022 Heather Gray B160 - Fee/Employment Application 0.60 135.00 81.00

Prepare for J. Arrastia's review, the draft of Continental PLLC's May 2002 monthly fee statement,

including invoices in various matters, and calculation of discounted fees.

06-30-2022 Heather Gray B160 - Fee/Employment Application 0.30 135.00 40.50

Finalize and disseminate Continental PLLC's May 2002 monthly fee statement, including final

invoices in various matters, and calculation of discounted fees.

9.00 4,492.50

B191 - General Litigation

06-17-2022 Angelo Castaldi B191 - General Litigation 0.40 375.00 150.00

Review and consider communications from US Trustee concerning 

06-27-2022 John Arrastia B191 - General Litigation 0.10 575.00 57.50

Review Agenda of matters for Omnibus

06-28-2022 Angelo Castaldi B191 - General Litigation 0.40 375.00 150.00

Appear telephonically at omnibus hearing.

0.90 357.50

L150 - Budgeting

06-12-2022 John Arrastia L150 - Budgeting 0.60 575.00 345.00

Prepare July budget

06-16-2022 Heather Gray L150 - Budgeting 0.30 135.00 40.50

Circulate Continental PLLC's July 2002 Budget, and confer with J. Arrastia regarding same.

0.90 385.50

Total 11,788.00

Time Summary

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Task Hours Amount

B110 - Case Administration 1.60 216.00

B113 - Pleadings Review 16.10 5,071.50

B150 - Meetings of and Communications with Creditors 2.20 1,265.00

B160 - Fee/Employment Application 9.00 4,492.50

B191 - General Litigation 0.90 357.50

L150 - Budgeting 0.90 385.50

Total Fees 11,788.00

Expenses

Expense Description Amount

E123 - Other professionals Kroll Restructuring / service of motion re: retention of Continental

PLLC [DE 20776, 20934]

1,231.71

Total Expenses 1,231.71

Total for this Invoice 13,019.71

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PROMESA / UCC

July 11, 2022

Continental PLLC

255 Alhambra Circle, Suite 640

Coral Gables, FL 33134

Invoice Number: 253

Invoice Period: 06-01-2022 - 06-30-2022

REMITTANCE COPY

RE: Commonwealth of Puerto Rico

Fees 11,788.00

Expenses 1,231.71

Total for this Invoice 13,019.71

Previous Balance 358,972.96

Matter Invoices /

Credits

Trust Balance Due

Commonwealth of Puerto Rico 103,495.67 103,495.67

ERS 800.00 800.00

HTA 6,292.50 6,292.50

PREPA 261,404.50 261,404.50

Total Amount to Pay 371,992.67

Open Invoices and Credits

Date Transaction Matter Amount Applied Balance

03-04-2022 Invoice 141 Commonwealth of Puerto Rico 38,828.00 38,828.00

03-04-2022 Invoice 142 HTA 862.50 862.50

03-04-2022 Invoice 143 PREPA 7,506.00 7,506.00

04-14-2022 Invoice 167 Commonwealth of Puerto Rico 17,343.96 17,343.96

04-14-2022 Invoice 168 ERS 172.50 172.50

04-14-2022 Invoice 169 HTA 115.00 115.00

04-14-2022 Invoice 170 PREPA 5,867.50 5,867.50

05-09-2022 Invoice 217 HTA 1,220.00 1,220.00

05-09-2022 Invoice 218 PREPA 34,247.50 34,247.50

05-10-2022 Invoice 220 Commonwealth of Puerto Rico 12,006.00 12,006.00

06-13-2022 Invoice 246 Commonwealth of Puerto Rico 22,298.00 22,298.00

06-13-2022 Invoice 247 ERS 627.50 627.50

06-13-2022 Invoice 248 HTA 4,095.00 4,095.00

06-13-2022 Invoice 249 PREPA 104,116.00 104,116.00

07-11-2022 Invoice 253 Commonwealth of Puerto Rico 13,019.71 13,019.71

07-11-2022 Invoice 254 PREPA 109,667.50 109,667.50

Balance 371,992.67

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Open Invoices and Credits

Date Transaction Matter Amount Applied Balance

WIRE TRANSFER INFORMATION

 

 

 

 

 

 5

For Confirmation of Wire Instructions, please call: JESUS M. SUAREZ (305)677-2707.

Case:17-03283-LTS Doc#:22875-8 Filed:11/15/22 Entered:11/15/22 19:49:05 Desc:

Schedule 2 Page 22 of 73
255 Alhambra Circle, Suite 640

Coral Gables, Florida 33134

Writer’s Direct: 305-677-2728

jarrastia@continentalpllc.com

CONTINENTAL PLLC 

Florida – Washington D.C.

August 23, 2022

Via Electronic Mail

The Commonwealth of Puerto Rico

Puerto Rico Fiscal Agency and Financial Advisory Authority

c/o O’Melveny & Myers, LLP

Time Square Tower

7 Times Square

New York, NY 10036

Attn: John J. Rapisardi, Esq., Suzzanne Uhland, Esq. and Diana M. Perez, Esq.

Re: In re Commonwealth of Puerto Rico, et al. Case No. 17-BK-3283 (LTS)

(Jointly Administered) – Continental PLLC

July 2022 Monthly Fee Objection Statement

Dear Mr. Rapisardi, Ms. Uhland, and Ms. Perez:

By order entered March 18, 2022 [DE 20407] (the “Retention Order”), the U.S. District 

Court for the District of Puerto Rico authorized the employment and retention of Continental 

PLLC (“Continental”) as special litigation counsel to the Official Committee of Unsecured

Creditors.

In accordance with the second interim compensation order, dated June 6, 2018 (the 

“Interim Compensation Order”), on August 12, 2022, we served on the Notice Parties (as defined 

in the Interim Compensation Order) copies of Continental’s statements (the “July Fee Statement”) 

for certain services rendered and expenses incurred during the period ending July, 2022. 

A summary of the breakdown of fees and expenses in the July Fee Statement is provided

below for your ease of reference.

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August 23, 2022

Page 2

____________________

CONTINENTAL PLLC 

Florida – Washington D.C.

1. Commonwealth of Puerto Rico

i. Services rendered outside of Puerto Rico

Matter

Name

Invoice

Number

Fees 20%

Discount

($1,690.50)

Fees

Requested

to be Paid

(90%)

Expenses

Requested

to be Paid

(100%)

Fees &

Expenses

Requested

to be Paid

Commonwealth 

of Puerto Rico 283 $8,452.50 $6,762.00 $6,085.80 $581.87 $6,667.67

2. Puerto Rico Electric Power Authority (“PREPA”)

i. Services rendered outside of Puerto Rico

Matter

Name

Invoice

Number

Fees 20%

Discount

($8,335.50)

Fees

Requested

to be Paid

(90%)

Expenses

Requested

to be Paid

(100%)

Fees &

Expenses

Requested

to be Paid

PREPA 284 $41,677.50 $33,342.00 $30,007.80 $0.00 $30,007.80

The deadline to object to the July Fee Statement expired on August 22, 2022 at 4:00 p.m. (Atlantic 

Standard Time), without any objections. Therefore, Continental respectfully requests payment of 

$36,675.47 no later than 14 days after receipt of this letter to the following account:

Wiring and ACH Instructions:

Beneficiary Bank: City National Bank of Florida

Beneficiary Bank Address: 100 SE 2nd Street Miami, FL 33131

Please let me know if you have any questions regarding any of the foregoing.

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August 23, 2022

Page 3

____________________

CONTINENTAL PLLC 

Florida – Washington D.C.

Sincerely,

CONTINENTAL PLLC

John Arrastia

cc: Puerto Rico Department of Treasury

Attn: Reylam Guerra Goderich, Deputy Assistant of Central Accounting

Omar E. Rodriguez Perez, CPA, Assistant Secretary of Central Accounting

Angel L. Pantoja Rodriguez, Deputy Assistant Secretary of Internal Revenue &

Tax Policy

Francisco Pares Alicea, Assistant Secretary of Internal Revenue and Tax Policy

Francisco Pena Montanez, CPA, Assistant Secretary of the Treasure

Marini Pietrantoni Muniz, LLC

Attn: Luis C. Marini-Biaggi, Esq.

Carolina Velaz-Rivero, Esq.

Ignacio Labarca, Esq.

Judith Vargas, Esq.

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Continental PLLC

255 Alhambra Circle, Suite 640

Coral Gables, FL 33134

(305) 677-2707

August 08, 2022

PROMESA / UCC

Invoice Number: 283

Invoice Period: 07-01-2022 - 07-31-2022

Payment Terms: Upon Receipt

RE: Commonwealth of Puerto Rico

Time Details

Date Professional Task Hours Rate Amount

B110 - Case Administration

07-11-2022 Carlos Alvarez B110 - Case Administration 0.20 315.00 63.00

Receive, review, and analyze numerous pleadings for weekly status report to be reviewed by all

attorneys.

07-19-2022 Heather Gray B110 - Case Administration 0.30 135.00 40.50

Review of daily litigation summary prepared by C. Alvarez, including calendaring, and updating

electronic case file.

07-26-2022 Heather Gray B110 - Case Administration 0.30 135.00 40.50

Review of daily litigation summary prepared by C. Alvarez, including calendaring, and updating

electronic case file.

0.80 144.00

B113 - Pleadings Review

07-06-2022 Carlos Alvarez B113 - Pleadings Review 2.60 315.00 819.00

Receive, review, and analyze numerous pleadings for weekly status report to be reviewed by all

attorneys.

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Date Professional Task Hours Rate Amount

B113 - Pleadings Review

07-08-2022 Carlos Alvarez B113 - Pleadings Review 1.20 315.00 378.00

Receive, review, and analyze numerous pleadings for weekly status report to be reviewed by all

attorneys.

07-10-2022 Carlos Alvarez B113 - Pleadings Review 0.90 315.00 283.50

Receive, review, and analyze case numerous pleadings and other filings and finalize weekly status

report for June 29 to July 9, and circulate for review by all attorneys and calendaring of deadlines

by paralegal.

07-12-2022 Carlos Alvarez B113 - Pleadings Review 0.80 315.00 252.00

Receive, review, and analyze numerous pleadings for weekly status report to be reviewed by all

attorneys.

07-13-2022 Carlos Alvarez B113 - Pleadings Review 0.70 315.00 220.50

Receive, review, and analyze numerous pleadings for weekly status report to be reviewed by all

attorneys.

07-15-2022 Carlos Alvarez B113 - Pleadings Review 0.80 315.00 252.00

Receive, review, and analyze numerous pleadings for weekly status report to be reviewed by all

attorneys.

07-18-2022 Carlos Alvarez B113 - Pleadings Review 0.60 315.00 189.00

Receive, review, and analyze numerous pleadings for weekly status report to be reviewed by all

attorneys.

07-18-2022 Carlos Alvarez B113 - Pleadings Review 0.20 315.00 63.00

Confer with J. Arrastia regarding fee application

07-19-2022 Carlos Alvarez B113 - Pleadings Review 0.90 315.00 283.50

Receive, review, and analyze numerous pleadings and finalize weekly status report for July 10 to

July 19, and circulate for review by all attorneys and calendaring of deadlines by paralegal.

07-25-2022 Carlos Alvarez B113 - Pleadings Review 1.20 315.00 378.00

Receive, review, and analyze numerous pleadings for weekly status report to be reviewed by all

attorneys.

07-26-2022 Carlos Alvarez B113 - Pleadings Review 1.40 315.00 441.00

Receive, review, and analyze numerous pleadings and finalize weekly status report for July 20 to

July 25, and circulate for review by all attorneys and calendaring of deadlines by paralegal.

07-31-2022 Carlos Alvarez B113 - Pleadings Review 1.70 315.00 535.50

Receive, review, and analyze numerous pleadings for weekly status report to be reviewed by all

attorneys.

13.00 4,095.00

B150 - Meetings of and Communications with Creditors

07-13-2022 John Arrastia B150 - Meetings of and Communications with 

Creditors

0.40 575.00 230.00

Bi-Weekly Strategy meeting with Committee

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Date Professional Task Hours Rate Amount

B150 - Meetings of and Communications with Creditors

07-27-2022 John Arrastia B150 - Meetings of and Communications with 

Creditors

0.30 575.00 172.50

Attend weekly status conference with UCC.

0.70 402.50

B160 - Fee/Employment Application

07-11-2022 John Arrastia B160 - Fee/Employment Application 0.40 575.00 230.00

Prepare fee statements in conformity with Fee Examiner guidelines

07-11-2022 Heather Gray B160 - Fee/Employment Application 1.10 135.00 148.50

Prepare draft of Continental PLLC's May 2022 Monthly Fee Objection Statement, including

summary of amounts due, for J. Arrastia's review.

07-12-2022 Heather Gray B160 - Fee/Employment Application 0.60 135.00 81.00

Confer with J. Arrastia re: Continental PLLC's May 2022 Monthly Fee Objection Statement,

including summary of amounts due, and disseminate for payment.

07-12-2022 John Arrastia B160 - Fee/Employment Application 0.10 575.00 57.50

Review Monthly Fee Objection Statement

07-14-2022 John Arrastia B160 - Fee/Employment Application 575.00 No Charge

Review case file; Confer with Fee Examiner;

07-14-2022 Heather Gray B160 - Fee/Employment Application 1.10 135.00 148.50

Prepare for J. Arrastia's review, the draft of Continental PLLC's June 2002 monthly fee statement,

including invoices in various matters, and calculation of discounted fees.

07-15-2022 Heather Gray B160 - Fee/Employment Application 0.60 135.00 81.00

Finalize and disseminate Continental PLLC's June 2002 monthly fee statement, including final

invoices in various matters, and calculation of discounted fees.

07-17-2022 John Arrastia B160 - Fee/Employment Application 0.10 575.00 57.50

Confer with Fee Examiner

07-18-2022 John Arrastia B160 - Fee/Employment Application 1.20 575.00 690.00

Research case file regarding fee applications (.4) Create format for acceptable fee application (.6);

of Confer and strategize with C. Alvarez regarding Fee Application (.2)

07-18-2022 Carlos Alvarez B160 - Fee/Employment Application 1.10 315.00 346.50

Confer with J. Arrastia concerning preparation of Fee Application; review and analysis of previously

filed applications; prepare list of materials needed for fee app.

07-26-2022 Heather Gray B160 - Fee/Employment Application 1.10 135.00 148.50

Prepare draft of Continental PLLC's June 2022 Monthly Fee Objection Statement, including

summary of amounts due, for J. Arrastia's review.

07-27-2022 Heather Gray B160 - Fee/Employment Application 0.60 135.00 81.00

Confer with J. Arrastia re: Continental PLLC's June 2022 Monthly Fee Objection Statement,

including summary of amounts due, and disseminate for payment.

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Date Professional Task Hours Rate Amount

B160 - Fee/Employment Application

07-27-2022 John Arrastia B160 - Fee/Employment Application 0.10 575.00 57.50

Confer with H. Gray and review objection statement

8.10 2,127.50

B191 - General Litigation

07-11-2022 Heather Gray B191 - General Litigation 0.30 135.00 40.50

Review of daily litigation summary prepared by C. Alvarez, including calendaring, and updating

electronic case file.

07-12-2022 Angelo Castaldi B191 - General Litigation 0.60 375.00 225.00

Review of latest 

07-18-2022 Angelo Castaldi B191 - General Litigation 1.40 375.00 525.00

Detailed review/analysis of First Circuit decision regarding confirmation order.

07-19-2022 Angelo Castaldi B191 - General Litigation 0.30 375.00 112.50

Confer and strategize with J. Arrastia regarding First Circuit decision regarding confirmation order.

07-19-2022 John Arrastia B191 - General Litigation 0.30 575.00 172.50

Confer and strategize with A. Castaldi regarding decision regarding confirmation order.

07-20-2022 Angelo Castaldi B191 - General Litigation 0.40 375.00 150.00

Review of judgment regarding confirmation order appeal, omnibus motion concerning rejection of

contracts [DE 21521], and 

07-21-2022 Angelo Castaldi B191 - General Litigation 0.20 375.00 75.00

Review motion to enforce stipulation [DE 21562, 21563].

07-25-2022 Angelo Castaldi B191 - General Litigation 0.30 375.00 112.50

Review of status reports / ADR Notices concerning claim litigation, and objection to Title III Plan

filed by Mapfre.

3.80 1,413.00

L150 - Budgeting

07-11-2022 John Arrastia L150 - Budgeting 0.40 575.00 230.00

Prepare August Budget

07-21-2022 Heather Gray L150 - Budgeting 0.30 135.00 40.50

Circulate Continental PLLC's August 2002 Budget, and confer with J. Arrastia regarding same.

0.70 270.50

Total 8,452.50

Time Summary

Task Hours Amount

B110 - Case Administration 0.80 144.00

B113 - Pleadings Review 13.00 4,095.00

B150 - Meetings of and Communications with Creditors 0.70 402.50

B160 - Fee/Employment Application 8.10 2,127.50

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Task Hours Amount

B191 - General Litigation 3.80 1,413.00

L150 - Budgeting 0.70 270.50

Total Fees 8,452.50

Expenses

Expense Description Amount

E123 - Other professionals Kroll Restructuring / service of supplemental declaration of John

Arrastia [DE 21306]

581.87

Total Expenses 581.87

Total for this Invoice 9,034.37

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PROMESA / UCC

August 08, 2022

Continental PLLC

255 Alhambra Circle, Suite 640

Coral Gables, FL 33134

Invoice Number: 283

Invoice Period: 07-01-2022 - 07-31-2022

REMITTANCE COPY

RE: Commonwealth of Puerto Rico

Fees 8,452.50

Expenses 581.87

Total for this Invoice 9,034.37

WIRE TRANSFER INFORMATION

 

 

 

 

 

 

For Confirmation of Wire Instructions, please call: JESUS M. SUAREZ (305)677-2707.

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6

Continental PLLC

255 Alhambra Circle, Suite 640

Coral Gables, FL 33134

(305) 677-2707

August 08, 2022

PROMESA / UCC

Invoice Number: 284

Invoice Period: 07-01-2022 - 07-31-2022

Payment Terms: Upon Receipt

RE: PREPA

Time Details

Date Professional Task Hours Rate Amount

B191 - General Litigation

07-01-2022 John Arrastia B191 - General Litigation 1.40 575.00 805.00

Finalize response to Motion to Deem Waiver (.8); Confer with SCC (.4); Briefing on Meet and

Confer call (.2)

07-01-2022 Angelo Castaldi B191 - General Litigation 2.60 375.00 975.00

Review and prepare revisions to motion for clarification / to amend, and conduct related research.

07-01-2022 Jesus Suarez B191 - General Litigation 2.10 500.00 1,050.00

Revisions to Motion to Clarify (.7); and research related to same (1.4)

07-06-2022 Jesus Suarez B191 - General Litigation 3.30 500.00 1,650.00

Attention to (.7); review (.6);

propose additional scope of research (.6) and attention to memoranda prepared in connection with

same (1.4)

07-06-2022 John Arrastia B191 - General Litigation 2.90 575.00 1,667.50

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Date Professional Task Hours Rate Amount

B191 - General Litigation

07-27-2022 John Arrastia B191 - General Litigation 0.30 575.00 172.50

Confer with CST regarding ; confer with S. Martinez regarding .

07-28-2022 Angelo Castaldi B191 - General Litigation 0.30 375.00 112.50

Consider and review .

07-28-2022 Angelo Castaldi B191 - General Litigation 0.40 375.00 150.00

Review of Alchem reply concerning 

07-28-2022 John Arrastia B191 - General Litigation 1.90 575.00 1,092.50

Confer with (.1); Confer and strategize with 

 (.1); Review court order (.1); Review

specific argument in Reply by Alchem in AP 388 (.2); Strategize (.3); Review case file (.3); Confer

with A. Castaldi (.3); Confer with SCC (.2); Prepare proposed email to Alchem(.3)

07-28-2022 John Arrastia B191 - General Litigation 1.60 575.00 920.00

Review motion to seal (.2); Review and analyze Reply to Response to Motion to Dismiss (DE 214)

(1.1); Review Supplemental Reply (.3);

07-28-2022 John Arrastia B191 - General Litigation 2.20 575.00 1,265.00

Review Reply regarding Judicial Notice (.1); Review Omnibus Reply and strategize regarding same

(2.1)

07-29-2022 John Arrastia B191 - General Litigation 0.50 575.00 287.50

Email to opposing counsel (.1); Review email from Saybolt (.1); Review 

(.2); Review (.1)

81.80 41,447.50

B260 - Meeting with FOMB and SCC

07-19-2022 John Arrastia B260 - Meeting with FOMB and SCC 0.40 575.00 230.00

Confer with DGC 

0.40 230.00

Total 41,677.50

Time Summary

Task Hours Amount

B191 - General Litigation 81.80 41,447.50

B260 - Meeting with FOMB and SCC 0.40 230.00

Total Fees 41,677.50

Total for this Invoice 41,677.50

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6

PROMESA / UCC

August 08, 2022

Continental PLLC

255 Alhambra Circle, Suite 640

Coral Gables, FL 33134

Invoice Number: 284

Invoice Period: 07-01-2022 - 07-31-2022

REMITTANCE COPY

RE: PREPA

Fees 41,677.50

Total for this Invoice 41,677.50

WIRE TRANSFER INFORMATION

 

 

 

 

 

 

For Confirmation of Wire Instructions, please call: JESUS M. SUAREZ (305)677-2707.

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Schedule 2 Page 37 of 73
255 Alhambra Circle, Suite 640

Coral Gables, Florida 33134

Writer’s Direct: 305-677-2728

jarrastia@continentalpllc.com

CONTINENTAL PLLC 

Florida – Washington D.C.

September 29, 2022

Via Electronic Mail

The Commonwealth of Puerto Rico

Puerto Rico Fiscal Agency and Financial Advisory Authority

c/o O’Melveny & Myers, LLP

Time Square Tower

7 Times Square

New York, NY 10036

Attn: John J. Rapisardi, Esq., Suzzanne Uhland, Esq. and Diana M. Perez, Esq.

Re: In re Commonwealth of Puerto Rico, et al. Case No. 17-BK-3283 (LTS)

(Jointly Administered) – Continental PLLC

August 2022 Monthly Fee Objection Statement

Dear Mr. Rapisardi, Ms. Uhland, and Ms. Perez:

By order entered March 18, 2022 [DE 20407] (the “Retention Order”), the U.S. District 

Court for the District of Puerto Rico authorized the employment and retention of Continental 

PLLC (“Continental”) as special litigation counsel to the Official Committee of Unsecured

Creditors.

In accordance with the second interim compensation order, dated June 6, 2018 (the 

“Interim Compensation Order”), on September 14, 2022, we served on the Notice Parties (as 

defined in the Interim Compensation Order) copies of Continental’s statements (the “August Fee 

Statement”) for certain services rendered and expenses incurred during the period ending August, 

2022. 

A summary of the breakdown of fees and expenses in the August Fee Statement is provided

below for your ease of reference.

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September 29, 2022

Page 2

____________________

CONTINENTAL PLLC 

Florida – Washington D.C.

1. Commonwealth of Puerto Rico

i. Services rendered outside of Puerto Rico

Matter

Name

Invoice

Number

Fees 20%

Discount

($1,642.90)

Fees

Requested

to be Paid

(90%)

Expenses

Requested

to be Paid

(100%)

Fees &

Expenses

Requested

to be Paid

Commonwealth 

of Puerto Rico 299 $8,214.50 $6,571.60 $5,914.44 $0.00 $5,914.44

2. Puerto Rico Highways and Transportation Authority (“HTA”)

i. Services rendered outside of Puerto Rico

Matter

Name

Invoice

Number

Fees 20%

Discount

($64.50)

Fees

Requested

to be Paid

(90%)

Expenses

Requested

to be Paid

(100%)

Fees &

Expenses

Requested

to be Paid

HTA 300 $322.50 $258.00 $232.20 $0.00 $232.20

3. Puerto Rico Electric Power Authority (“PREPA”)

ii. Services rendered outside of Puerto Rico

Matter

Name

Invoice

Number

Fees 20%

Discount

($8,604.50)

Fees

Requested

to be Paid

(90%)

Expenses

Requested

to be Paid

(100%)

Fees &

Expenses

Requested

to be Paid

PREPA 301 $43,022.50 $34,418.00 $30,976.20 $0.00 $30,976.20

The deadline to object to the August Fee Statement expired on September 26, 2022 at 4:00 p.m. 

(Atlantic Standard Time), without any objections. Therefore, Continental respectfully requests 

payment of $37,122.84 no later than 14 days after receipt of this letter to the following account:

Wiring and ACH Instructions:

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September 29, 2022

Page 3

____________________

CONTINENTAL PLLC 

Florida – Washington D.C.

Beneficiary Bank: City National Bank of Florida

Beneficiary Bank Address: 100 SE 2nd Street Miami, FL 33131

Please let me know if you have any questions regarding any of the foregoing.

Sincerely,

CONTINENTAL PLLC

John Arrastia

cc: Puerto Rico Department of Treasury

Attn: Reylam Guerra Goderich, Deputy Assistant of Central Accounting

Omar E. Rodriguez Perez, CPA, Assistant Secretary of Central Accounting

Angel L. Pantoja Rodriguez, Deputy Assistant Secretary of Internal Revenue &

Tax Policy

Francisco Pares Alicea, Assistant Secretary of Internal Revenue and Tax Policy

Francisco Pena Montanez, CPA, Assistant Secretary of the Treasure

Marini Pietrantoni Muniz, LLC

Attn: Luis C. Marini-Biaggi, Esq.

Carolina Velaz-Rivero, Esq.

Ignacio Labarca, Esq.

Getzemarie Lugo, Esq.

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4

Continental PLLC

255 Alhambra Circle, Suite 640

Coral Gables, FL 33134

(305) 677-2707

September 03, 2022

PROMESA / UCC

Invoice Number: 299

Invoice Period: 08-01-2022 - 08-31-2022

Payment Terms: Upon Receipt

RE: Commonwealth of Puerto Rico

Time Details

Date Professional Task Hours Rate Amount

B100 - Administration

08-15-2022 Heather Gray B100 - Administration 0.30 135.00 40.50

Review of daily litigation summary prepared by C. Alvarez, including calendaring, and updating

electronic case file.

0.30 40.50

B113 - Pleadings Review

08-02-2022 Carlos Alvarez B113 - Pleadings Review 0.30 315.00 94.50

Receive, review, and analyze numerous pleadings for weekly status report to be reviewed by all

attorneys.

08-03-2022 Carlos Alvarez B113 - Pleadings Review 0.40 315.00 126.00

Receive, review, and analyze numerous pleadings for weekly status report to be reviewed by all

attorneys.

08-11-2022 Carlos Alvarez B113 - Pleadings Review 0.80 315.00 252.00

Receive, review, and analyze numerous pleadings for weekly status report to be reviewed by all

attorneys.

08-15-2022 Carlos Alvarez B113 - Pleadings Review 0.90 315.00 283.50

Receive, review, and analyze numerous pleadings and finalize weekly status report for August1 to

August 14, and circulate for review by all attorneys.

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Date Professional Task Hours Rate Amount

B113 - Pleadings Review

08-26-2022 Carlos Alvarez B113 - Pleadings Review 1.10 315.00 346.50

Receive, review, and analyze numerous pleadings for weekly status report to be reviewed by all

attorneys.

3.50 1,102.50

B150 - Meetings of and Communications with Creditors

08-25-2022 John Arrastia B150 - Meetings of and Communications with 

Creditors

0.40 575.00 230.00

Bi-Weekly meeting with Committee regarding strategy and case issues

0.40 230.00

B160 - Fee/Employment Application

08-08-2022 John Arrastia B160 - Fee/Employment Application 0.40 575.00 230.00

Prepare fee statements in conformity with Fee Examiner guidelines

08-22-2022 Heather Gray B160 - Fee/Employment Application 1.10 135.00 148.50

Confer with J. Arrastia (.1); prepare draft of Continental PLLC's July 2022 Monthly Fee Objection

Statement, including summary of amounts due, for J. Arrastia's review (1)

08-23-2022 Heather Gray B160 - Fee/Employment Application 0.60 135.00 81.00

Confer with J. Arrastia regarding finalizing Continental PLLC's July 2022 Monthly Fee Objection

Statement, including summary of amounts due, and disseminate for payment.

08-23-2022 Carlos Alvarez B160 - Fee/Employment Application 1.10 315.00 346.50

Research case file regarding preparation of interim fee application

08-24-2022 Carlos Alvarez B160 - Fee/Employment Application 1.10 315.00 346.50

Continue review of prior fee apps to prepare and elaborate on same; confer with paraprofessionals

to prepare invoices for same; confer with the team on same; begin preparation of fee app; outline

same.

08-24-2022 John Arrastia B160 - Fee/Employment Application 0.30 575.00 172.50

Review correspondence from Hacienda regarding request for declaration concerning services

rendered

08-25-2022 John Arrastia B160 - Fee/Employment Application 0.30 575.00 172.50

Prepare the draft declaration requested by Hacienda

08-26-2022 Carlos Alvarez B160 - Fee/Employment Application 1.90 315.00 598.50

Continue preparation and elaboration of the fee application.

08-30-2022 Heather Gray B160 - Fee/Employment Application 0.30 135.00 40.50

Circulate Continental PLLC's September 2002 Budget, and confer with J. Arrastia regarding same.

7.10 2,136.50

B191 - General Litigation

08-09-2022 John Arrastia B191 - General Litigation 0.80 575.00 460.00

Review and analyze 

0.30 172.50

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Date Professional Task Hours Rate Amount

B191 - General Litigation

08-10-2022 John Arrastia B191 - General Litigation 575.00

Review and analyze 

08-10-2022 John Arrastia B191 - General Litigation 0.30 575.00 172.50

Attend bi-weekly status call.

08-15-2022 Angelo Castaldi B191 - General Litigation 0.40 375.00 150.00

Review updates and related filings concerning HTA plan negotiations and plan mediation sessions

for PREPA, and review of matters to be at heard forthcoming omnibus hearing.

08-16-2022 John Arrastia B191 - General Litigation 0.20 575.00 115.00

Review AAFAF Motion to Inform.

08-17-2022 John Arrastia B191 - General Litigation 0.60 575.00 345.00

Attend Omnibus hearing.

08-27-2022 Jesus Suarez B191 - General Litigation 3.40 500.00 1,700.00

Review issues concerning UBS Motion to Enforce Plan and research potential committee response

options to same.

08-27-2022 Jesus Suarez B191 - General Litigation 1.80 500.00 900.00

Continued work on concerning UBS Motion to Enforce Plan and continued research concerning

committee response options to same.

08-31-2022 John Arrastia B191 - General Litigation 0.60 575.00 345.00

Analyze pending issues regarding UBS claims and motion for stay (.3); Strategize (.3)

8.40 4,360.00

L150 - Budgeting

08-22-2022 John Arrastia L150 - Budgeting 0.60 575.00 345.00

Prepare budget.

0.60 345.00

Total 8,214.50

Time Summary

Task Hours Amount

B100 - Administration 0.30 40.50

B113 - Pleadings Review 3.50 1,102.50

B150 - Meetings of and Communications with Creditors 0.40 230.00

B160 - Fee/Employment Application 7.10 2,136.50

B191 - General Litigation 8.40 4,360.00

L150 - Budgeting 0.60 345.00

Total Fees 8,214.50

Total for this Invoice 8,214.50

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4

PROMESA / UCC

September 03, 2022

Continental PLLC

255 Alhambra Circle, Suite 640

Coral Gables, FL 33134

Invoice Number: 299

Invoice Period: 08-01-2022 - 08-31-2022

REMITTANCE COPY

RE: Commonwealth of Puerto Rico

Fees 8,214.50

Total for this Invoice 8,214.50

WIRE TRANSFER INFORMATION

 

 

 

 

 

 

For Confirmation of Wire Instructions, please call: JESUS M. SUAREZ (305)677-2707.

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7

Continental PLLC

255 Alhambra Circle, Suite 640

Coral Gables, FL 33134

(305) 677-2707

September 03, 2022

PROMESA / UCC

Invoice Number: 301

Invoice Period: 08-01-2022 - 08-31-2022

Payment Terms: Upon Receipt

RE: PREPA

Time Details

Date Professional Task Hours Rate Amount

B191 - General Litigation

08-02-2022 Angelo Castaldi B191 - General Litigation 1.40 375.00 525.00

Review / research 

08-02-2022 Angelo Castaldi B191 - General Litigation 0.40 375.00 150.00

Review of 

08-02-2022 Jesus Suarez B191 - General Litigation 1.40 500.00 700.00

Attention to .

08-03-2022 Angelo Castaldi B191 - General Litigation 1.80 375.00 675.00

Review and analyze 

.

08-03-2022 John Arrastia B191 - General Litigation 0.80 575.00 460.00

Review memorandum (.6); confer with CST

(.2).

08-04-2022 John Arrastia B191 - General Litigation 0.40 575.00 230.00

Review Vitol (.2); Confer with J. Suarez (.2)

08-04-2022 Angelo Castaldi B191 - General Litigation 1.30 375.00 487.50

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Date Professional Task Hours Rate Amount

B191 - General Litigation

Review of

08-04-2022 Jesus Suarez B191 - General Litigation 0.60 500.00 300.00

Strategize with J. Arrastia regarding (.2); settlement matter (.4)

08-07-2022 John Arrastia B191 - General Litigation 0.70 575.00 402.50

Review research regarding 

08-08-2022 John Arrastia B191 - General Litigation 0.10 575.00 57.50

Confer with S. Martinez .

08-08-2022 John Arrastia B191 - General Litigation 0.30 575.00 172.50

Review mediation materials.

08-08-2022 Jesus Suarez B191 - General Litigation 0.80 500.00 400.00

Review 

08-09-2022 John Arrastia B191 - General Litigation 0.20 575.00 115.00

Review .

08-09-2022 Angelo Castaldi B191 - General Litigation 0.20 375.00 75.00

Review and consider .

08-13-2022 John Arrastia B191 - General Litigation 0.70 575.00 402.50

Review and analyze .

08-13-2022 Jesus Suarez B191 - General Litigation 1.20 500.00 600.00

Review CST memo (.6) (.6).

08-15-2022 Jesus Suarez B191 - General Litigation 0.50 500.00 250.00

Attention to 

08-15-2022 John Arrastia B191 - General Litigation 0.30 575.00 172.50

Review and consider 

08-16-2022 John Arrastia B191 - General Litigation 2.90 575.00 1,667.50

Analyze legal research and analysis s (1.7); confer and strategize with

 (.6); confer and strategize with 

t (.6)

08-16-2022 Lazaro P. 

Fields

B191 - General Litigation 4.20 450.00 1,890.00

Review 

 (1.1). Analyze and strategize 

(.9). Legal research and analysis 

(2.2)

08-16-2022 Jesus Suarez B191 - General Litigation 1.90 500.00 950.00

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Date Professional Task Hours Rate Amount

B191 - General Litigation

Work on new claim (1.3); review issues 

6)

08-17-2022 John Arrastia B191 - General Litigation 0.80 575.00 460.00

Confer and strategize with L. Fields r (.4); strategize

 (.4)

08-17-2022 Lazaro P. 

Fields

B191 - General Litigation 4.70 450.00 2,115.00

Confer and strategize with J. Arrastia (.4); Extensive legal research and analysis 

 (3.2). Strategize 

 (.9). Review P

2).

08-17-2022 Angelo Castaldi B191 - General Litigation 3.30 375.00 1,237.50

Conduct legal research 

08-17-2022 Angelo Castaldi B191 - General Litigation 0.20 375.00 75.00

Review of status of .

08-18-2022 Lazaro P. 

Fields

B191 - General Litigation 4.20 450.00 1,890.00

Review and analyze 

08-18-2022 Angelo Castaldi B191 - General Litigation 0.40 375.00 150.00

Review of 

.

08-18-2022 Angelo Castaldi B191 - General Litigation 1.10 375.00 412.50

Review, analyze, and strategize .

08-18-2022 John Arrastia B191 - General Litigation 1.60 575.00 920.00

Attend to (.6); review tolling agreements (.3); attend 

 (.7)

08-18-2022 Jesus Suarez B191 - General Litigation 1.40 500.00 700.00

Ensure (.8); continued review of

 (.6)

08-19-2022 Jesus Suarez B191 - General Litigation 1.70 500.00 850.00

Specific .

08-19-2022 John Arrastia B191 - General Litigation 0.10 575.00 57.50

Review 

08-19-2022 John Arrastia B191 - General Litigation 0.90 575.00 517.50

Confer with 

(.3); strategize 4) confer and strategize with J. Suarez (.2)

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Date Professional Task Hours Rate Amount

B191 - General Litigation

08-19-2022 Angelo Castaldi B191 - General Litigation 0.70 375.00 262.50

Review, analyze, and strategize 

08-22-2022 Angelo Castaldi B191 - General Litigation 0.80 375.00 300.00

Review status of 

08-22-2022 Lazaro P. 

Fields

B191 - General Litigation 5.20 450.00 2,340.00

Legal research 

08-22-2022 John Arrastia B191 - General Litigation 1.10 575.00 632.50

Attend (.3); confer with Proskuer 

 (.1); confer with S. Martinez (.3); research case

file (.4)

08-22-2022 Jesus Suarez B191 - General Litigation 3.40 500.00 1,700.00

08-23-2022 John Arrastia B191 - General Litigation 1.30 575.00 747.50

Review legal issues 

08-23-2022 Lazaro P. 

Fields

B191 - General Litigation 3.10 450.00 1,395.00

Legal research 

08-23-2022 Angelo Castaldi B191 - General Litigation 0.30 375.00 112.50

Review .

08-24-2022 Lazaro P. 

Fields

B191 - General Litigation 3.80 450.00 1,710.00

Legal research 

08-24-2022 John Arrastia B191 - General Litigation 1.20 575.00 690.00

Confer with (.1); Analysis

 (1.1)

08-25-2022 John Arrastia B191 - General Litigation 0.60 575.00 345.00

Review i 

08-25-2022 Lazaro P. 

Fields

B191 - General Litigation 5.60 450.00 2,520.00

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Date Professional Task Hours Rate Amount

B191 - General Litigation

Legal research 

 (4). Strategize 

(1). Draft (.6)

08-26-2022 Lazaro P. 

Fields

B191 - General Litigation 0.70 450.00 315.00

Analyze (.7)

08-26-2022 Jesus Suarez B191 - General Litigation 1.00 500.00 500.00

Continued 

08-26-2022 Jesus Suarez B191 - General Litigation 1.80 500.00 900.00

Attention 

08-26-2022 Angelo Castaldi B191 - General Litigation 0.70 375.00 262.50

Review

08-26-2022 Angelo Castaldi B191 - General Litigation 3.70 375.00 1,387.50

Review, prepare, and revise prior

08-26-2022 John Arrastia B191 - General Litigation 2.10 575.00 1,207.50

Review and strategize 

(.7); Confer 

(.6); Attend to (.1); Review

.7)

08-29-2022 John Arrastia B191 - General Litigation 0.80 575.00 460.00

Analysis 

08-30-2022 John Arrastia B191 - General Litigation 1.70 575.00 977.50

Review and analyze 

 (1.1); Review (.6)

08-30-2022 Angelo Castaldi B191 - General Litigation 0.20 375.00 75.00

Review 

08-30-2022 Jesus Suarez B191 - General Litigation 1.60 500.00 800.00

Review issues 

08-31-2022 Lazaro P. 

Fields

B191 - General Litigation 4.60 450.00 2,070.00

Prepare intial draft (3.3). Review

(.5). Strategize 

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Date Professional Task Hours Rate Amount

B191 - General Litigation

 (.8).

08-31-2022 Jesus Suarez B191 - General Litigation 1.80 500.00 900.00

Review 

08-31-2022 John Arrastia B191 - General Litigation 0.60 575.00 345.00

Review

90.90 43,022.50

Total 43,022.50

Time Summary

Task Hours Amount

B191 - General Litigation 90.90 43,022.50

Total Fees 43,022.50

Total for this Invoice 43,022.50

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7

PROMESA / UCC

September 03, 2022

Continental PLLC

255 Alhambra Circle, Suite 640

Coral Gables, FL 33134

Invoice Number: 301

Invoice Period: 08-01-2022 - 08-31-2022

REMITTANCE COPY

RE: PREPA

Fees 43,022.50

Total for this Invoice 43,022.50

WIRE TRANSFER INFORMATION

 

 

 

 

 

 

For Confirmation of Wire Instructions, please call: JESUS M. SUAREZ (305)677-2707.

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2

Continental PLLC

255 Alhambra Circle, Suite 640

Coral Gables, FL 33134

(305) 677-2707

September 03, 2022

PROMESA / UCC

Invoice Number: 300

Invoice Period: 08-01-2022 - 08-31-2022

Payment Terms: Upon Receipt

RE: HTA

Time Details

Date Professional Task Hours Rate Amount

B191 - General Litigation

08-07-2022 John Arrastia B191 - General Litigation 0.30 575.00 172.50

Review litigation related issues in Plan of Adjustment.

08-17-2022 Angelo Castaldi B191 - General Litigation 0.40 375.00 150.00

Review and consider 

.

0.70 322.50

Total 322.50

Time Summary

Task Hours Amount

B191 - General Litigation 0.70 322.50

Total Fees 322.50

Total for this Invoice 322.50

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2

PROMESA / UCC

September 03, 2022

Continental PLLC

255 Alhambra Circle, Suite 640

Coral Gables, FL 33134

Invoice Number: 300

Invoice Period: 08-01-2022 - 08-31-2022

REMITTANCE COPY

RE: HTA

Fees 322.50

Total for this Invoice 322.50

WIRE TRANSFER INFORMATION

 

 

 

 

 

 

For Confirmation of Wire Instructions, please call: JESUS M. SUAREZ (305)677-2707.

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Schedule 2 Page 53 of 73
255 Alhambra Circle, Suite 640

Coral Gables, Florida 33134

Writer’s Direct: 305-677-2728

jarrastia@continentalpllc.com

CONTINENTAL PLLC 

Florida – Washington D.C.

November 9, 2022

Via Electronic Mail

The Commonwealth of Puerto Rico

Puerto Rico Fiscal Agency and Financial Advisory Authority

c/o O’Melveny & Myers, LLP

Time Square Tower

7 Times Square

New York, NY 10036

Attn: John J. Rapisardi, Esq., Suzzanne Uhland, Esq. and Diana M. Perez, Esq.

Re: In re Commonwealth of Puerto Rico, et al. Case No. 17-BK-3283 (LTS)

(Jointly Administered) – Continental PLLC

September 2022 Monthly Fee Objection Statement

Dear Mr. Rapisardi, Ms. Uhland, and Ms. Perez:

By order entered March 18, 2022 [DE 20407] (the “Retention Order”), the U.S. District 

Court for the District of Puerto Rico authorized the employment and retention of Continental 

PLLC (“Continental”) as special litigation counsel to the Official Committee of Unsecured

Creditors.

In accordance with the second interim compensation order, dated June 6, 2018 (the 

“Interim Compensation Order”), on October 28, 2022, we served on the Notice Parties (as defined 

in the Interim Compensation Order) copies of Continental’s statements (the “September Fee 

Statement”) for certain services rendered and expenses incurred during the period ending 

September, 2022. 

A summary of the breakdown of fees and expenses in the September Fee Statement is 

provided below for your ease of reference.

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Schedule 2 Page 54 of 73
November 9, 2022

Page 2

____________________

CONTINENTAL PLLC 

Florida – Washington D.C.

1. Commonwealth of Puerto Rico

i. Services rendered outside of Puerto Rico

Matter

Name

Invoice

Number

Fees 20%

Discount

($1,973.70)

Fees

Requested

to be Paid

(90%)

Expenses

Requested

to be Paid

(100%)

Fees &

Expenses

Requested

to be Paid

Commonwealth 

of Puerto Rico 341 $9,868.50 $7,894.80 $7,105.32 $0.00 $7,105.32

2. Employee Retirement System (“ERS”)

i. Services rendered outside of Puerto Rico

Matter

Name

Invoice

Number

Fees 20%

Discount

($4,127.00)

Fees

Requested

to be Paid

(90%)

Expenses

Requested

to be Paid

(100%)

Fees &

Expenses

Requested

to be Paid

ERS 342 $20,635.00 $16,508.00 $14,857.20 $0.00 $14,857.20

3. Puerto Rico Highways and Transportation Authority (“HTA”)

ii. Services rendered outside of Puerto Rico

Matter

Name

Invoice

Number

Fees 20%

Discount

($161.00)

Fees

Requested

to be Paid

(90%)

Expenses

Requested

to be Paid

(100%)

Fees &

Expenses

Requested

to be Paid

HTA 343 $805.00 $644.00 $579.60 $0.00 $579.60

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Schedule 2 Page 55 of 73
November 9, 2022

Page 3

____________________

CONTINENTAL PLLC 

Florida – Washington D.C.

4. Puerto Rico Electric Power Authority (“PREPA”)

iii. Services rendered outside of Puerto Rico

Matter

Name

Invoice

Number

Fees 20%

Discount

($3,748.50)

Fees

Requested

to be Paid

(90%)

Expenses

Requested

to be Paid

(100%)

Fees &

Expenses

Requested

to be Paid

PREPA 344 $18,742.50 $14,994.00 $13,494.60 $0.00 $13,494.60

The deadline to object to the September Fee Statement expired on September 26, 2022 at 4:00 

p.m. (Atlantic Standard Time), without any objections. Therefore, Continental respectfully 

requests payment of $36,036.72 no later than 14 days after receipt of this letter to the following 

account:

Wiring and ACH Instructions:

Beneficiary Bank: City National Bank of Florida

Beneficiary Bank Address: 100 SE 2nd Street Miami, FL 33131

Please let me know if you have any questions regarding any of the foregoing.

Sincerely,

CONTINENTAL PLLC

John Arrastia

cc: Puerto Rico Department of Treasury

Attn: Reylam Guerra Goderich, Deputy Assistant of Central Accounting

Omar E. Rodriguez Perez, CPA, Assistant Secretary of Central Accounting

Angel L. Pantoja Rodriguez, Deputy Assistant Secretary of Internal Revenue &

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Schedule 2 Page 56 of 73
November 9, 2022

Page 4

____________________

CONTINENTAL PLLC 

Florida – Washington D.C.

Tax Policy

Francisco Pares Alicea, Assistant Secretary of Internal Revenue and Tax Policy

Francisco Pena Montanez, CPA, Assistant Secretary of the Treasure

Marini Pietrantoni Muniz, LLC

Attn: Luis C. Marini-Biaggi, Esq.

Carolina Velaz-Rivero, Esq.

Ignacio Labarca, Esq.

Getzemarie Lugo, Esq.

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Schedule 2 Page 57 of 73
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5

Continental PLLC

255 Alhambra Circle, Suite 640

Coral Gables, FL 33134

(305) 677-2707

October 13, 2022

PROMESA / UCC

Invoice Number: 341

Invoice Period: 09-01-2022 - 09-30-2022

Payment Terms: Upon Receipt

RE: Commonwealth of Puerto Rico

Time Details

Date Professional Task Hours Rate Amount

B113 - Pleadings Review

09-13-2022 Carlos Alvarez B113 - Pleadings Review 1.10 315.00 346.50

Receive, review, and analyze numerous pleadings for weekly status report to be reviewed by all

attorneys.

09-14-2022 Carlos Alvarez B113 - Pleadings Review 0.40 315.00 126.00

Emails with the team concerning 

09-15-2022 Carlos Alvarez B113 - Pleadings Review 0.20 315.00 63.00

Receive, review, and analyze numerous pleadings for weekly status report to be reviewed by all

attorneys.

09-16-2022 Carlos Alvarez B113 - Pleadings Review 0.40 315.00 126.00

Receive, review, and analyze numerous pleadings for weekly status report to be reviewed by all

attorneys.

09-19-2022 Carlos Alvarez B113 - Pleadings Review 1.40 315.00 441.00

Receive, review, and analyze numerous pleadings and finalize weekly status report for September

14 to September 19, and circulate for review by all attorneys.

09-26-2022 Carlos Alvarez B113 - Pleadings Review 0.70 315.00 220.50

Receive, review, and analyze numerous pleadings and finalize weekly status report for September

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5

Date Professional Task Hours Rate Amount

B113 - Pleadings Review

19 to September 25, and circulate for review by all attorneys

09-27-2022 Carlos Alvarez B113 - Pleadings Review 0.40 315.00 126.00

Receive, review, and analyze numerous pleadings for weekly status report to be reviewed by all

attorneys.

4.60 1,449.00

B160 - Fee/Employment Application

09-06-2022 John Arrastia B160 - Fee/Employment Application 0.30 575.00 172.50

Prepare Fee Statements in conformity with Examiner guidelines.

09-13-2022 Heather Gray B160 - Fee/Employment Application 1.10 135.00 148.50

Prepare draft of Continental PLLC's August 2002 monthly fee statement, including invoices in

various matters and calculation of discounted fees, for J. Arrastia's review.

09-14-2022 Heather Gray B160 - Fee/Employment Application 0.60 135.00 81.00

Finalize and disseminate Continental PLLC's August 2002 monthly fee statement, including final

invoices in various matters, and calculation of discounted fees.

09-14-2022 John Arrastia B160 - Fee/Employment Application 0.10 575.00 57.50

Prepare email regarding fee statements.

09-15-2022 Carlos Alvarez B160 - Fee/Employment Application 2.60 315.00 819.00

Continue preparation and elaboration first interim fee app; confer with paraprofessionals to obtain

financial documents for use to prepare fee app.

09-16-2022 Carlos Alvarez B160 - Fee/Employment Application 2.10 315.00 661.50

Continue preparation and elaboration of fee app.

09-19-2022 Carlos Alvarez B160 - Fee/Employment Application 0.40 315.00 126.00

Confer with team on fee app; minor revisions to same.

09-21-2022 Carlos Alvarez B160 - Fee/Employment Application 2.80 315.00 882.00

Continue preparation and elaboration of exhibits to fee app.

09-22-2022 Carlos Alvarez B160 - Fee/Employment Application 2.20 315.00 693.00

Continue preparation of exhibits for fee application.

09-23-2022 John Arrastia B160 - Fee/Employment Application 0.80 575.00 460.00

Revise Fee Application.

09-23-2022 Carlos Alvarez B160 - Fee/Employment Application 1.30 315.00 409.50

Continue preparation of fee application; revise and finalize; share for comment with J. Arrastia.

09-26-2022 Carlos Alvarez B160 - Fee/Employment Application 1.40 315.00 441.00

Confer and strategize with J. Arrastia concerning edits and revisions to draft fee application;

prepare revisions based on conference with J. Arrastia.

09-26-2022 John Arrastia B160 - Fee/Employment Application 0.60 575.00 345.00

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5

Date Professional Task Hours Rate Amount

B160 - Fee/Employment Application

Review Fee Application (.2); confer and strategize with C. Alvarez (.3); review Fee Objection email (.

1)

09-27-2022 Heather Gray B160 - Fee/Employment Application 1.10 135.00 148.50

Prepare draft of Continental PLLC's August 2022 Monthly Fee Objection Statement, including

summary of amounts due, for J. Arrastia's review.

09-28-2022 Carlos Alvarez B160 - Fee/Employment Application 0.80 315.00 252.00

Continue revisions to fee application.

09-29-2022 Heather Gray B160 - Fee/Employment Application 0.40 135.00 54.00

Confer with J. Arrastia re: Continental PLLC's August 2022 Monthly Fee Objection Statement,

including summary of amounts due, and disseminate for payment.

09-30-2022 Carlos Alvarez B160 - Fee/Employment Application 0.70 315.00 220.50

Continue revisions to fee application following comments from J. Arrastia.

19.30 5,971.50

B191 - General Litigation

09-12-2022 John Arrastia B191 - General Litigation 0.80 575.00 460.00

Review Supplemental Disclosure of CITI [DE 22168].

09-15-2022 Heather Gray B191 - General Litigation 0.30 135.00 40.50

Review of daily litigation summary prepared by C. Alvarez, including calendaring, and updating

electronic case file.

09-15-2022 Angelo Castaldi B191 - General Litigation 1.30 375.00 487.50

Review and analyze Citigroup's supplemental PRAADA disclosures.

09-20-2022 John Arrastia B191 - General Litigation 1.60 575.00 920.00

Review Informative Motion [DE 22321] regarding UBS and strategize (.3); continued preparation for

UBS oral argument regarding stay (.9); review Status Report [DE 22330] (.2); review AAFAF Status

Report [DE 2993] (.2)

09-21-2022 John Arrastia B191 - General Litigation 0.10 575.00 57.50

Review Order [DE 22345].

09-22-2022 Angelo Castaldi B191 - General Litigation 0.40 375.00 150.00

Detailed review of 16-page memorandum order of Judge Swain concerning scope of the

PROMESA stay (DE 22349) and correlative filing by AAFAF concerning entities constituting the

Puerto Rico government.

09-26-2022 Heather Gray B191 - General Litigation 0.20 135.00 27.00

Review of daily litigation summary prepared by C. Alvarez, including calendaring, and updating

electronic case file.

09-29-2022 Angelo Castaldi B191 - General Litigation 0.40 375.00 150.00

Receive and review updates concerning PREPA plan litigation and Ambac litigation against BNYM

and corresponding filings / synopses.

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5

Date Professional Task Hours Rate Amount

B191 - General Litigation

5.10 2,292.50

L150 - Budgeting

09-20-2022 John Arrastia L150 - Budgeting 0.20 575.00 115.00

Prepare October budget.

09-22-2022 Heather Gray L150 - Budgeting 0.30 135.00 40.50

Circulate Continental PLLC's October 2002 Budget, and confer with J. Arrastia regarding same.

0.50 155.50

Total 9,868.50

Time Summary

Task Hours Amount

B113 - Pleadings Review 4.60 1,449.00

B160 - Fee/Employment Application 19.30 5,971.50

B191 - General Litigation 5.10 2,292.50

L150 - Budgeting 0.50 155.50

Total Fees 9,868.50

Total for this Invoice 9,868.50

Case:17-03283-LTS Doc#:22875-8 Filed:11/15/22 Entered:11/15/22 19:49:05 Desc:

Schedule 2 Page 61 of 73
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5

PROMESA / UCC

October 13, 2022

Continental PLLC

255 Alhambra Circle, Suite 640

Coral Gables, FL 33134

Invoice Number: 341

Invoice Period: 09-01-2022 - 09-30-2022

REMITTANCE COPY

RE: Commonwealth of Puerto Rico

Fees 9,868.50

Total for this Invoice 9,868.50

WIRE TRANSFER INFORMATION

 

 

 

 

 

 5

For Confirmation of Wire Instructions, please call: JESUS M. SUAREZ (305)677-2707.

Case:17-03283-LTS Doc#:22875-8 Filed:11/15/22 Entered:11/15/22 19:49:05 Desc:

Schedule 2 Page 62 of 73
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5

Continental PLLC

255 Alhambra Circle, Suite 640

Coral Gables, FL 33134

(305) 677-2707

October 13, 2022

PROMESA / UCC

Invoice Number: 342

Invoice Period: 09-01-2022 - 09-30-2022

Payment Terms: Upon Receipt

RE: ERS

Time Details

Date Professional Task Hours Rate Amount

B113 - Pleadings Review

09-14-2022 Carlos Alvarez B113 - Pleadings Review 0.40 315.00 126.00

Receive, review, and analyze numerous pleadings and finalize weekly status report for September

1 to September 13, and circulate for review by all attorneys.

0.40 126.00

B191 - General Litigation

09-01-2022 John Arrastia B191 - General Litigation 0.40 575.00 230.00

Confer and strategize with J. Suarez regarding 3);

09-02-2022 Jesus Suarez B191 - General Litigation 2.30 500.00 1,150.00

Work on Committee's Response to ERS Plaintiffs' Motion to Stay UBS Motion to Enforce Plan.

09-03-2022 John Arrastia B191 - General Litigation 0.80 575.00 460.00

Review and revise draft opposition to UBS Motion to Stay (.6); Prepare correspondence to

Committee (.2)

09-03-2022 Jesus Suarez B191 - General Litigation 1.80 500.00 900.00

Finalize response to UBS Motion to Enforce and draft correspondence to Committee.

09-06-2022 Angelo Castaldi B191 - General Litigation 1.30 375.00 487.50

Review, revise, and communicate internally concerning Committee position concerning E

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5

Date Professional Task Hours Rate Amount

B191 - General Litigation

09-06-2022 Jesus Suarez B191 - General Litigation 2.30 500.00 1,150.00

Finalize response to Motion to Stay Motion to Enforce Plan of Adjustment re UBS.

09-06-2022 John Arrastia B191 - General Litigation 0.70 575.00 402.50

Finalize opposition to ERS Plaintiffs' Motion to Stay (.4); strategize regarding UBS Motion to

Enforce Plan of Adjustment (.3)

09-06-2022 Heather Gray B191 - General Litigation 0.20 135.00 27.00

Finalize and file [DE 22068], UCC's Response to ERS Plaintiffs' Motion to Stay.

09-07-2022 John Arrastia B191 - General Litigation 0.30 575.00 172.50

Finalize Response to Opposition to ERS Plaintiff [DE 22068]

09-07-2022 Angelo Castaldi B191 - General Litigation 0.60 375.00 225.00

Review of 

.

09-07-2022 Angelo Castaldi B191 - General Litigation 0.30 375.00 112.50

Assist J. Arrastia with respect to upcoming omnibus hearing.

09-09-2022 John Arrastia B191 - General Litigation 0.20 575.00 115.00

Review Motion to Clarify and strategize [DE 22132].

09-09-2022 Jesus Suarez B191 - General Litigation 1.60 500.00 800.00

Continued attention to issues relating to Motion to Enforce Plan.

09-10-2022 John Arrastia B191 - General Litigation 0.30 575.00 172.50

Review and revise draft Response to Motion to Enforce Plan.

09-12-2022 Angelo Castaldi B191 - General Litigation 1.20 375.00 450.00

Revise r

.

09-12-2022 Jesus Suarez B191 - General Litigation 1.40 500.00 700.00

Revisions to Motion to Enforce Plan of Adjustment.

09-13-2022 Jesus Suarez B191 - General Litigation 0.60 500.00 300.00

Review issues concerning .

09-13-2022 Angelo Castaldi B191 - General Litigation 0.60 375.00 225.00

Prepare further revisions

09-13-2022 Angelo Castaldi B191 - General Litigation 0.20 375.00 75.00

Revise informative motion re: appearance at omnibus hearing.

09-13-2022 Heather Gray B191 - General Litigation 0.30 135.00 40.50

Confer with A. Castaldi; begin draft of Informative Motions to Attend.

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5

Date Professional Task Hours Rate Amount

B191 - General Litigation

09-14-2022 Heather Gray B191 - General Litigation 0.20 135.00 27.00

Confer with A. Castaldi; finalize and file Informative Motion to Attend.

09-14-2022 Angelo Castaldi B191 - General Litigation 1.40 375.00 525.00

Prepare further revisions to response to motion to enforce, confer with local counsel, finalize the

same, and prepare same for filing.

09-14-2022 Angelo Castaldi B191 - General Litigation 0.40 375.00 150.00

Revise motion to inform concerning 

09-14-2022 Angelo Castaldi B191 - General Litigation 1.10 375.00 412.50

Prepare for omnibus hearing concerning 

09-14-2022 Angelo Castaldi B191 - General Litigation 0.40 375.00 150.00

Revise informative motion re: appearance at omnibus hearing.

09-14-2022 Angelo Castaldi B191 - General Litigation 1.70 375.00 637.50

Review of response of class plaintiffs concerning UBS motion to enforce plan, and research

concerning .

09-14-2022 John Arrastia B191 - General Litigation 0.20 575.00 115.00

Finalize DE 22186 (.1); finalize Informative Motion to Attend (.1)

09-14-2022 Heather Gray B191 - General Litigation 0.20 135.00 27.00

Finalize and file UCC's Limited Response in Support of UBS' Motion to Enforce Plan of Adjustment

[DE 22186].

09-15-2022 John Arrastia B191 - General Litigation 0.20 575.00 115.00

Attend to Omnibus Hearing and confer with Proskauer.

09-16-2022 John Arrastia B191 - General Litigation 0.20 575.00 115.00

Confer with parties and Proskauer regarding 

09-16-2022 Angelo Castaldi B191 - General Litigation 1.40 375.00 525.00

Conduct legal research 

09-19-2022 John Arrastia B191 - General Litigation 5.60 575.00 3,220.00

Review materials relating to Motion to Stay [DE 21808, 22068, 22070 and 22175] including

Responses and Reply and strategize regarding oral argument (1.8); review Motion to Enforce Plan

[DE 21651], Responses [DE 22168] Replies [DE22175, 22274; Brief Surply [ DE 22294] and

strategize regarding oral argument (2.2); prepare for oral argument (1.6)

09-20-2022 Angelo Castaldi B191 - General Litigation 0.70 375.00 262.50

Review UBS reply concerning motion to enforce stay and numerous recent filings concerning

omnibus hearing, adjournment thereof, and impact of Hurricane Fiona on omnibus hearing.

09-26-2022 John Arrastia B191 - General Litigation 4.30 575.00 2,472.50

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5

Date Professional Task Hours Rate Amount

B191 - General Litigation

Prepare for oral argument on UBS Motion, including review and analysis of case file and strategy

(2.7); review and analyze UBS Response to Informative Motion [DE 22399) (1.6).

09-27-2022 John Arrastia B191 - General Litigation 1.90 575.00 1,092.50

Finalize oral argument in support of UBS motion (1.8); review amended agenda (.1).

09-27-2022 Angelo Castaldi B191 - General Litigation 2.90 375.00 1,087.50

Assist with preparation for Omnibus Hearing concerning UBS Motion to Enforce and the

Committee's joinder thereto, review recently-filed "fifth" amended complaint filed by class plaintiffs

(ass translated) in the Commonwealth court, and compare Second Amended Complaint in 19-280

and consider Class Plainitffs' own multi-amended complaint.

09-28-2022 John Arrastia B191 - General Litigation 2.40 575.00 1,380.00

Attend Omnibus and present argument on UBS.

42.60 20,509.00

Total 20,635.00

Time Summary

Task Hours Amount

B113 - Pleadings Review 0.40 126.00

B191 - General Litigation 42.60 20,509.00

Total Fees 20,635.00

Total for this Invoice 20,635.00

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5

PROMESA / UCC

October 13, 2022

Continental PLLC

255 Alhambra Circle, Suite 640

Coral Gables, FL 33134

Invoice Number: 342

Invoice Period: 09-01-2022 - 09-30-2022

REMITTANCE COPY

RE: ERS

Fees 20,635.00

Total for this Invoice 20,635.00

WIRE TRANSFER INFORMATION

 

 

 

 

 

 

For Confirmation of Wire Instructions, please call: JESUS M. SUAREZ (305)677-2707.

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2

Continental PLLC

255 Alhambra Circle, Suite 640

Coral Gables, FL 33134

(305) 677-2707

October 13, 2022

PROMESA / UCC

Invoice Number: 343

Invoice Period: 09-01-2022 - 09-30-2022

Payment Terms: Upon Receipt

RE: HTA

Time Details

Date Professional Task Hours Rate Amount

B320 - Plan and Disclosure Statement (including Business Plan)

09-06-2022 John Arrastia B320 - Plan and Disclosure Statement (including 

Business Plan)

0.60 575.00 345.00

Review draft Title III Plan update

09-19-2022 John Arrastia B320 - Plan and Disclosure Statement (including 

Business Plan)

0.20 575.00 115.00

Strategize with N. Bassett regarding 

09-23-2022 John Arrastia B320 - Plan and Disclosure Statement (including 

Business Plan)

0.60 575.00 345.00

Confer with Proskauer regarding 

1.40 805.00

Total 805.00

Time Summary

Task Hours Amount

B320 - Plan and Disclosure Statement (including Business Plan) 1.40 805.00

Total Fees 805.00

Total for this Invoice 805.00

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2

PROMESA / UCC

October 13, 2022

Continental PLLC

255 Alhambra Circle, Suite 640

Coral Gables, FL 33134

Invoice Number: 343

Invoice Period: 09-01-2022 - 09-30-2022

REMITTANCE COPY

RE: HTA

Fees 805.00

Total for this Invoice 805.00

WIRE TRANSFER INFORMATION

 

 

 

 

 

 

For Confirmation of Wire Instructions, please call: JESUS M. SUAREZ (305)677-2707.

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4

Continental PLLC

255 Alhambra Circle, Suite 640

Coral Gables, FL 33134

(305) 677-2707

October 13, 2022

PROMESA / UCC

Invoice Number: 344

Invoice Period: 09-01-2022 - 09-30-2022

Payment Terms: Upon Receipt

RE: PREPA

Time Details

Date Professional Task Hours Rate Amount

B191 - General Litigation

09-01-2022 Jesus Suarez B191 - General Litigation 6.70 500.00 3,350.00

Analyze and consider 

 (2). Draft 

 (4.7).

09-01-2022 John Arrastia B191 - General Litigation 2.60 575.00 1,495.00

Strategize and review 

 (2.2).Confer with J. Suarez 

4);

09-02-2022 Jesus Suarez B191 - General Litigation 1.60 500.00 800.00

Review proposed allegations 

09-02-2022 John Arrastia B191 - General Litigation 3.30 575.00 1,897.50

Analyze and strategize 

 (2.1); Draft (1.1).

Circulate (.1)

09-07-2022 John Arrastia B191 - General Litigation 2.30 575.00 1,322.50

Confer with SCC regarding oral argument (.1); Analyze 

(2.2)

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Date Professional Task Hours Rate Amount

B191 - General Litigation

09-08-2022 John Arrastia B191 - General Litigation 0.20 575.00 115.00

Review PREPA mediation update.

09-08-2022 Angelo Castaldi B191 - General Litigation 0.60 375.00 225.00

Review of briefing concerning Urgent Motion of Financial Oversight and Management Board for

Order Extending Mediation Termination Date and Related Path Forward Deadline and (B)

Mediation Team’s Notice and Request for Approval of Fourth Extension of Termination Date of

Mediation (.4) and materials concerning status of PREPA's Title III case (.2).

09-12-2022 Jesus Suarez B191 - General Litigation 1.80 500.00 900.00

Attention 

09-15-2022 Angelo Castaldi B191 - General Litigation 1.80 375.00 675.00

Research 

09-19-2022 Angelo Castaldi B191 - General Litigation 1.20 375.00 450.00

Review, consider, and analyze

09-19-2022 John Arrastia B191 - General Litigation 3.70 575.00 2,127.50

Review Urgent Motion to Establish Schedule to Continue Negotiations [DE 22269] (.6); review

mediation update (.1); review draft Response (.1); review Motion to Hold in Abeyance (.1); review

Order regarding Fiona (.1); review Response to Scheduling Motion by UCC (.2); review Order [DE

22272] (.1); review Objection of Fuel Line leaders [DE 22282] (.3); review Objection of US National

Bank [DE 2965] (.1); review Response to Motion [DE 2966] (.6); review Motion for Expedited

Consideration [DE 2969] (.1); review Motion for Authorization to File MTD [DE 2971] (.2); review

Motion to Dismiss [DE 2973] (.7); review Mediation Teams Report [ DE 2290] (.1); review Court

Order (.1); review Response and Objection [DE 2983] (.1); review Joinder [DE 2984] (.1)

09-20-2022 John Arrastia B191 - General Litigation 0.90 575.00 517.50

Review Omnibus reply of FOMB [DE 2986] (.2); review Order Continuing PREPA Mediation [DE

2987] (.1); review Informative Motion [DE 2988] (.1) review Motion to Establish Litigation Schedule

[DE 22315] (.1); review Court Order [DE 22316] (.1); review Corrected Omnibus Reply [DE 22317] (.

3)

09-21-2022 John Arrastia B191 - General Litigation 0.40 575.00 230.00

Confer and strategize with A. Bongartz (.2); research case file (.2)

09-21-2022 Angelo Castaldi B191 - General Litigation 0.70 375.00 262.50

Review 

09-21-2022 Angelo Castaldi B191 - General Litigation 0.90 375.00 337.50

Review 

09-22-2022 Angelo Castaldi B191 - General Litigation 0.20 375.00 75.00

Review of filings concerning going-forward Mediation Team negotiations and briefing schedules

concerning the same.

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Date Professional Task Hours Rate Amount

B191 - General Litigation

09-22-2022 John Arrastia B191 - General Litigation 0.10 575.00 57.50

Review Proposed Mediator Order [DE 22350].

09-23-2022 John Arrastia B191 - General Litigation 1.40 575.00 805.00

Review analysis of mediation team, proposed order and review proposed response (.3); review

motion regarding stay [DE 22362] (.2); review order (.1); review response to mediator's proposed

order [DE 3000] (.1); review AAFAF response to proposed order [DE 3002] (.2); review proposed

objection of UCC (.2); review response of Bondholders [DE 3004] (.1); review FOMB response [DE

22371] (.2)

09-23-2022 John Arrastia B191 - General Litigation 2.60 575.00 1,495.00

Review and analyze a

.

09-23-2022 Angelo Castaldi B191 - General Litigation 0.60 375.00 225.00

Review and consider 

09-26-2022 John Arrastia B191 - General Litigation 1.80 575.00 1,035.00

Analyze 

09-29-2022 John Arrastia B191 - General Litigation 0.60 575.00 345.00

Review Order [DE 3013] (.1); Review Order [DE 3011] (.1); Strategize and confer 

 (.4)

36.00 18,742.50

Total 18,742.50

Time Summary

Task Hours Amount

B191 - General Litigation 36.00 18,742.50

Total Fees 18,742.50

Total for this Invoice 18,742.50

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PROMESA / UCC

October 13, 2022

Continental PLLC

255 Alhambra Circle, Suite 640

Coral Gables, FL 33134

Invoice Number: 344

Invoice Period: 09-01-2022 - 09-30-2022

REMITTANCE COPY

RE: PREPA

Fees 18,742.50

Total for this Invoice 18,742.50

WIRE TRANSFER INFORMATION

 

 

 

 

 

 

For Confirmation of Wire Instructions, please call: JESUS M. SUAREZ (305)677-2707.

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