Exhibit D 

Budget and Staffing Plan

Case:17-03283-LTS Doc#:24601-4 Filed:06/16/23 Entered:06/16/23 17:41:41 Desc:

Exhibit D Page 1 of 5
Exhibit D-1 

Budget Plan for the Compensation Period

Case:17-03283-LTS Doc#:24601-4 Filed:06/16/23 Entered:06/16/23 17:41:41 Desc:

Exhibit D Page 2 of 5
Actual Fees Estimated Fees Actual Fees Estimated Fees Actual Fees Estimated Fees 

33260.0022 PROMESA TITLE III: PREPA 750,985.10 $ 850,000.00 $ 868,476.70 $ 1,000,000.00 $ 887,150.20 $ 1,000,000.00 $ 

33260.0054 PREPA TITLE III - PREC 7,716.90 $ 10,000.00 $ 2,749.70 $ 5,000.00 $ 3,104.50 $ 5,000.00 $ 

33260.0055 PREPA TITLE III - VITOL $ 90,000.00 79,570.50 $ 33,794.70 $ 50,000.00 $ 232,267.70 $ 250,000.00 $ 

33260.0056 PREPA TITLE III - UTIER CBA 3,281.90 $ 5,000.00 $ 10,748.10 $ 15,000.00 $ 2,838.40 $ 10,000.00 $ 

33260.0059 PREPA TITLE III - MISCELLANEOUS - $ - $ - $ - $ 28,738.80 $ 40,000.00 $ 

33260.0085 PREPA TITLE III - COBRA ACQUISITION LLC 177.40 $ 5,000.00 $ 4,967.20 $ 5,000.00 $ 51,857.50 $ 75,000.00 $ 

33260.0095 PREPA TITLE III – INSURANCE COVERAGE ADVICE - $ - $ - $ - $ 177.40 $ - $ 

33260.0102 PREPA TITLE III - CATESBY JONES 798.30 $ 2,500.00 $ 354.80 $ 2,500.00 $ 177.40 $ 2,500.00 $ 

33260.0111 SREAEE v. PIERLUISI 177.40 $ - $ - $ - $ - $ - $ 

$ 962,500.00 842,707.50 $ 921,091.20 $ 1,077,500.00 $ 1,206,311.90 $ 1,382,500.00 $ 

 Percent Variance (Actual vs. Budgeted Fees) PREPA TOTAL ESTIMATED FEES Compensation Period (February 2022 - May 2022) TOTAL:  ACTUAL FEES Compensation Period (February 2022 - May 2022) TOTAL: 

February 2022 March 2022 April 2022 

Matter No. Matter

Case:17-03283-LTS Doc#:24601-4 Filed:06/16/23 Entered:06/16/23 17:41:41 D

Exhibit D Page 3 of 5
Exhibit D-2 

Staffing Plan for the Compensation Period 

Case:17-03283-LTS Doc#:24601-4 Filed:06/16/23 Entered:06/16/23 17:41:41 Desc:

Exhibit D Page 4 of 5
Staffing Plan for the Compensation Period1

Category of Timekeeper2 Number of 

Timekeepers Expected 

to Work on The Matter 

During the Budget Period3

Average Hourly Rate4

Partners 19 $887 

Senior Counsel 7 $887 

Associates 30 $887 

e-Discovery Attorneys 5 $438 

Paraprofessionals 11 $303 

Total: 72 

1

 The actual number of timekeepers who worked on this matter during the Compensation Period was 70, and thus 2 

fewer than anticipated. 

2

 Attorney Practice Groups: BSGR&B, Litigation, Labor & Employment, and Corporate. 

3

 The chart reflects Proskauer’s staffing plan for the designated period based on currently foreseeable activities. 

Actual staffing needs, including additional attorneys, may vary materially based on actual facts and circumstances 

arising in the designated period, including as a result of currently unanticipated disputes. The staffing plan 

currently includes attorneys from the BSGR&B, Litigation, Labor & Employment, and Corporate practice groups. 

The expertise of attorneys from other specialized areas is likely to be required during the course of these 

PROMESA Title III cases. 

4

 Pursuant to the Engagement Letter, Proskauer’s rates increased 4% effective January 1, 2022, yielding a new flat 

rate for attorneys (partners, senior counsel, and associates) of $887 per hour, for e-discovery attorneys of $438 per 

hour, and for paraprofessionals of $303 per hour. Rates have not increased during this Compensation Period. 

Case:17-03283-LTS Doc#:24601-4 Filed:06/16/23 Entered:06/16/23 17:41:41 Desc:

Exhibit D Page 5 of 5