UNITED STATES DISTRICT COURT 

FOR THE DISTRICT OF PUERTO RICO 

--------------------------------------------------------------------]{ 

In re: 

THE FINANCIAL OVERSIGHT AND 

MANAGEMENT BOARD FOR PUERTO RICO, 

as representative of 

THE COMMONWEALTH OF PUERTO RICO, et al. 

Debtors. 1 

--------------------------------------------------------------------]{ 

In re: 

THE FINANCIAL OVERSIGHT AND 

MANAGEMENT BOARD FOR PUERTO RICO, 

as representative of 

PUERTO RICO SALES TAX FINANCING 

CORPORATION ("COFINA"), 

Debtor. 

--------------------------------------------------------------------]{ 

PRO MESA 

Title III 

Case No. 17BK3283-LTS 

(Jointly Administered) 

PROMESA 

Title III 

Case No. 17BK3284-LTS 

COVER SHEET TO TENTH MONTHLY FEE APPLICATION OF O'NEILL & 

BORGES LLC FOR COMPENSATION FOR SERVICES RENDERED 

AND REIMBURSEMENT OF EXPENSES AS ATTORNEYS TO THE 

FINANCIAL OVERSIGHT AND MANAGEMENT BOARD FOR PUERTO RICO, 

AS REPRESENTATIVE OF DEBTOR, PUERTO RICO SALES TAX 

FINANCING CORPORATION FOR THE PERIOD OF 

FEBRUARY 1, 2018 THROUGH FEBRUARY 28, 2018 

The Debtors in these Title III Cases, along with each Debtor's respective title III case number and the last four (4) digits of each 

Debtor's federal tax identification number, as applicable, are the (i) Commonwealth of Puerto Rico (Bankruptcy Case No, 17 BK 

3283-LTS) (Last Four Digits of Federal Tax ID: 3481); (ii) Puerto Rico Sales Tax Financing Corporation ("COFINA") 

(Bankruptcy Case No. 17 BK 3284-LTS) (Last Four Digits of Federal Tax ID: 8474); (iii) Puerto Rico Highways and 

Transportation Authority ("HTA") (Bankruptcy Case No. 17 BK 3567-LTS) (Last Four Digits of Federal Tax ID: 3808); (iv) 

Employees Retirement System of the Government of the Commonwealth of Puerto Rico ("ERS") (Bankruptcy Case No. 17 BK 

3566~LTS) (Last Four Digits of Federal Tax lD: 9686); and (v) Puerto Rico Electric Power Authority ("PREPA") (Bankruptcy 

Case No. 17 BK 4780-LTS) (Last Four (4) Digits of Federal Tax ID: 3747). 

00551920; I 

Case:17-03283-LTS Doc#:3559-2 Filed:07/16/18 Entered:07/16/18 19:09:12 Desc:

Exhibit B Part 2 Page 1 of 48
Name of applicant 

Authorized to provide professional services 

to: 

Time period covered by this application: 

Amount of compensation sought as actual, 

reasonable and necessary: 

Amount of expense reimbursement sought 

as actual, reasonable and necessary: 

Total amount for this invoice: 

O'Neill & Borges LLC ("O&B") 

Financial Oversight and Management 

Board, as Representative for the Debtor 

Pursuant to PROMESA Section 31S(b) 

February 1,2018 through February 28, 

2018 

$78.30 

$0.00 

$78.30 

This is a: X monthly _ interim _ final application 

This is O&B's tenth monthly fee application in these cases. 

00551920; 1 

Case:17-03283-LTS Doc#:3559-2 Filed:07/16/18 Entered:07/16/18 19:09:12 Desc:

Exhibit B Part 2 Page 2 of 48
On May 22, 2018 sent to: 

FOMB: 

Financial Oversight and Management Board 

40 Washington Square South 

Office 314A 

New York, NY 10012 

Attn: Professor Arthur J. Gonzalez 

FOMB Board Member 

and 

Proskauer Rose LLP, 

Eleven Times Square 

New York, NY 10036 

Attn: Martin J. Bienenstock, Esq. 

Ehud Barak, Esq., 

and 

Proskauer Rose LLP 

70 West Madison Street 

Chicago, IL 60602 

Attn: Paul V. Possinger, Esq. 

Fee Examiner: 

Godfrey & Kaho, S.C. 

Attn: Brady C. Williamson 

bwilliam@gklaw.com 

Co-Counsel for the Official Committee of 

Unsecured Creditors: 

Paul Hastings LLP 

200 Park A venue 

New York, NY 10166 

Attn: Luc. A. Despins, Esq. 

Andrew V. Tenzer, Esq. 

Michael E. Comerford, Esq. 

G. Alexander Bongartz, Esq. 

and 

Casillas, Santiago & Torres, LLC 

El Caribe Office Building 

53 Palmeras Street, Suite 1601 

San Juan, PR 00901-2419 

Attn: Juan J. Casillas Ayala, Esq. 

00551920; 1 

Diana M. Batlle-Barasorda, Esq. 

Alberto J.E. Afteses Negr6n, Esq. 

Ericka C. Montull-Novoa, Esq. 

Counsel for AAF AF: 

O'Melveny & Myers LLP 

Times Square Tower, 7 Times Square 

New York, NY 10036 

Attn: Joho J. Rapisardi, Esq. 

Suzzanne Uhland, Esq. 

Diana M. Perez, Esq. 

Office of United States Trustee: 

Office of the United States Trustee 

for the District of Puerto Rico 

Edificio Ochoa 

500 Tanca Street, Suite 301 

San Juan, PR 00901 

(In re: Commonwealth of Puerto Rico) 

and 

Office of the United States Trustee for Region 21 

75 Spring Street, SW, Room 362 

Atlanta, GA 30303 

Attn: Guy G. Gebhart 

Acting United States Trustee (Region 21) 

(In re: Commonwealth of Puerto Rico) 

Co-Counsel for the Official Committee of Retil'ees: 

Jenner & Block LLP 

919 Third Avenue 

New York, NY 1022-3908 

Attn: Robert Gordon, Esq. 

Richard Levin, Esq. 

And 

Bennazar, Garcia & Millian, C.s.P. 

Edificio Union Plaza, PH-A Piso 18 

416 Ave. Ponce de Le6n 

Hato Rey, PR 00918 

Attn: A.J. Bennazar-Zequeira, Esq, 

Case:17-03283-LTS Doc#:3559-2 Filed:07/16/18 Entered:07/16/18 19:09:12 Desc:

Exhibit B Part 2 Page 3 of 48
COFINA TITLE III 

Summary of Legal Fees for the Period February 1 through February 28, 2018 

Professional Position/Title. 

Hermann D. Baue Member Litigation $290.00 0.30 $ 87.00 

Totals 0,30 $ 87,00 

Less: 10% Courtesy discount $ (8,70) 

SUMMARY OF LEGAL FEES $ 78.30 I 

COFINA TITLE III 

Summary of Disbursements for the Period February 1 through February 28, 2018 

Description - Expenses' Amounts I 

Totals $ 

ISUMMARY OF DISBURSEMENTS $ 

Case:17-03283-LTS Doc#:3559-2 Filed:07/16/18 Entered:07/16/18 19:09:12 Desc:

Exhibit B Part 2 Page 4 of 48
COFINA TITLE III 

Summary of Legal Fees for the Period February 1 through February 28, 2018 

0.30 $ 87.00 

$ 87.00 

Less: 10% Courtesy Discount $ (8.70) 

TOTA.LS 0.30 $ 78.30 I 

Case:17-03283-LTS Doc#:3559-2 Filed:07/16/18 Entered:07/16/18 19:09:12 Desc:

Exhibit B Part 2 Page 5 of 48
O&B requests payment and reimbursement in accordance with the procedures set 

forth in the Interim Compensation Order (i, e" payment of ninety percent (90%) of the 

compensation sought, in the amount of $70.47, and reimbursement of one-hundred 

percent (l00%) of expenses incurred, in the amount of $0.00) in the total amount 

of $70.47, 

00551920; 1 

Case:17-03283-LTS Doc#:3559-2 Filed:07/16/18 Entered:07/16/18 19:09:12 Desc:

Exhibit B Part 2 Page 6 of 48
Exhibit A 

00551920; 1 

Case:17-03283-LTS Doc#:3559-2 Filed:07/16/18 Entered:07/16/18 19:09:12 Desc:

Exhibit B Part 2 Page 7 of 48
IN ACCO U NT WITH 

0' N EI LL & BORGES LLC 

FOMB IN RE COFINA TITLE III 

BILLING SUMMARY 

250 AVE MUNoz RIVERA, SUITE-SOO 

SAN ,JUAN, FiR 00918-1813 

TEL, (787) 764-8181 

FAX (787) 753-8944 

March 6, 2018 

Bil1#: 319874 

Billing AttorneY:,>GGB 

For Professional Services Rendered and Reimbursable Expenses for the period ending 

February 28,2018: 

Client.Matter: PI702 - SOl 

RE: 17-00133-LTS BANK OF N.Y. MELLON V. COFINA-CGB 

Total Professional Services 

VOLUME DISCOUNT 

Net Professional Services 

Total Reimbursable Expenses 

TOTAL THIS INVOICE 

$ 87.00 

$ -8.70 

$ 78.30 

$ .00 

$ 7S.30 

Case:17-03283-LTS Doc#:3559-2 Filed:07/16/18 Entered:07/16/18 19:09:12 Desc:

Exhibit B Part 2 Page 8 of 48
IN ACCOUNT WITH 250 AvE. MUNoz RIVERA, SUITE 800 

SAN JUAN, PR 00918-1813 

TEL, (787) 76'4-8181 

0' N ElL L & B 0 R G E S LLC 

FAX (787) 753-8944 

Client.Matter: P1702 . 801 

RE: 17-00133-LTS BANK OF N.Y. MELLON V. COFINA-CGB 

PROFESSIONAL SERVICES 

Date Atty Task Description Hours Rate Amount 

2/07118 HDB 209 Review Motion and proposed Order by Franklin Group 

for dismissal of complaint. ' 

2112118 HDB 209 Review Order for Voluntary Dismissal of the Franklin 

Funds, 

TOTAL PROFESSIONAL SERVICES 

VOLUME DISCOUNT 

NET PROFESSIONAL SERVICES: 

SUMMARYOF PROFESSIONAL SERVICES 

Name Hours 

HERMANN BAUER ,30 

Total .30 

TOTAL THIS INVOICE 

,20' 290,00 

,10 290,00 

$ 87,00 

$ -8,70 

$ 78.30 

Rate 

290,00 

$ 78.30 

CONFIDENTIAL-ATTORNEY WORK PRODUCT/ATTORNEY/CLIENT PRIVILEGE 

1 

58,00 

29,00 

Total 

87,00 

$ 87.00 

Case:17-03283-LTS Doc#:3559-2 Filed:07/16/18 Entered:07/16/18 19:09:12 Desc:

Exhibit B Part 2 Page 9 of 48
UNITED STATES DISTRICT COURT 

FOR THE DISTRICT OF PUERTO RICO 

--------------------------------------------------------------------)[ 

In re: 

THE FINANCIAL OVERSIGHT AND 

MANAGEMENT BOARD FOR PUERTO RICO, 

as representative of 

THE COMMONWEALTH OF PUERTO RICO, et al. 

Debtors. l 

--------------------------------------------------------------------)[ 

In re: 

THE FINANCIAL OVERSIGHT AND 

MANAGEMENT BOARD FOR PUERTO RICO, 

as representative of 

PUERTO RICO SALES TAX FINANCING 

CORPORATION ("COFINA"), 

Debtor. 

--------------------------------------------------------------------)[ 

PROMESA 

Title III 

CaseNo.17BK3283-LTS 

(Jointly Administered) 

PROMESA 

Title III 

Case No. 17 BK 3284-LTS 

Cover SHEET TO ELEVENTH MONTHLY FEE APPLICATION OF O'NEILL & 

BORGES LLC FOR COMPENSATION FOR SERVICES RENDERED 

AND REIMBURSEMENT OF EXPENSES AS ATTORNEYS TO THE 

FINANCIAL OVERSIGHT AND MANAGEMENT BOARD FOR PUERTO RICO, 

AS REPRESENTATIVE OF DEBTOR, PUERTO RICO SALES TAX 

FINANCING CORPORATION FOR THE PERIOD OF 

MARCH 1, 2018 THROUGH MARCH 31, 2018 

The Debtors in these Title rn Cases, along with each Debtor's respective title IU case number and the last four (4) digits of each 

Debtor's federal tax identification number, as applicable, are the (i) Commonwealth of Puerto Rico (Bankruptcy Case No. 17 BK 

3283-LTS) (Last Four Digits of Federal Tax ID: 3481); (ii) Puerto Rico Sales Tax Financing Corporation ("COFINA") 

(Bankruptcy Case No. 17 BK 3284-LTS) (Last Four Digits of Federal Tax ID: 8474); (iii) Puerto Rico Highways and 

Transportation Authority ("HT A") (Bankruptcy Case No. 17 BK 3567-LTS) (Last Four Digits of Federal Tax ill: 3808); (iv) 

Employees Retirement System of the Government of the Commonwealth of Puerto Rico ("ERS") (Bankruptcy Case No. 17 BK 

3566 w LTS) (Last Four Digits of Federal Tax ID: 9686); and (v) Puerto Rico Electric Power Authority ("PREPA") (Bankruptcy 

Case No. 17 BK 4780 w LTS) (Last Four (4) Digits of Federal Tax ID: 3747). 

0055!925; 1 

Case:17-03283-LTS Doc#:3559-2 Filed:07/16/18 Entered:07/16/18 19:09:12 Desc:

Exhibit B Part 2 Page 10 of 48
Name of applicant 

Authorized to provide professional services 

to: 

Time period covered by this application: 

Amount of compensation sought as actual, 

reasonable and necessary: 

Amount of expense reimbursement sought 

as actual, reasonable and necessary: 

Total amount for this invoice: 

O'Neill & Borges LLC ("O&B") 

Financial Oversight and Management 

Board, as Representative for the Debtor 

Pursuant to PROMESA Section 315(b) 

March 1, 2018 through March 31, 2018 

$1,125.45 

$0.00 

$1,125.45 

This is a: X monthly _ interim _ final application 

This is O&B's eleventh monthly fee application in these cases. 

00551925; 1 

Case:17-03283-LTS Doc#:3559-2 Filed:07/16/18 Entered:07/16/18 19:09:12 Desc:

Exhibit B Part 2 Page 11 of 48
On May 22, 2018 sent to: 

FOMB: 

Financial Oversight and Management Board 

40 Washington Square South 

Office 314A 

New York, NY 10012 

Attn: Professor Arthur l Gonzalez 

FOMB Board Member 

and 

Proskauer Rose LLP, 

Eleven Times Square 

New York, NY 10036 

Attn: Martin J. Bienenstock, Esq. 

Ehud Barak, Esq., 

and 

Proskauer Rose LLP 

70 West Madison Street 

Chicago, IL 60602 

Attn: Paul V. Possinger, Esq. 

Fee Examiner: 

Godfrey & Kahn, S.C. 

Attn: Brady C. Williamson 

bwiIliam@gklaw.com 

Co-Counsel for the Official Committee of 

Unsecured Creditors: 

Paul Hastings LLP 

200 Park A venue 

New York, NY 10166 

Attn: Luc. A. Despins, Esq. 

Andrew Y. Tenzer, Esq. 

Michael E. Comerford, Esq. 

G. Alexander Bongartz, Esq. 

and 

Casillas, Santiago & Torres, LLC 

EI Caribe Office Building 

53 Palmeras Street, Suite 1601 

San Juan, PR 00901-2419 

Attn: Juan l Casillas Ayala, Esq. 

00551925; 1 

Diana M. Batlle-Barasorda, Esq. 

Albelto lE. Afteses Negr6n, Esq. 

Ericka C. Montull-Novoa, Esq. 

Counsel for AAF AF: 

O'Melveny & Myers LLP 

Times Square Tower, 7 Times Square 

New York, NY 10036 

Attn: John J. Rapisardi, Esq. 

Suzzanne Uhland, Esq. 

Diana M. Perez, Esq, 

Office of United States Trustee: 

Office of the United States Trustee 

for the District of Puerto Rico 

Edificio Ochoa 

500 Tanca Street, Suite 301 

San Juan, PR 00901 

(In re: Commonwealth of Puerto Rico) 

and 

Office of the United States Trustee for Region 21 

75 Spring Street, SW, Room 362 

Atlanta, GA 30303 

Attn: Guy G. Gebhart 

Acting United States Trustee (Region 21) 

(In re: Commonwealth of Puerto Rico) 

Co-Counsel for the Official Committee of Retirees: 

Jenner & Block LLP 

919 Third Avenue 

New York, NY 1022-3908 

Attn: Robert Gordon, Esq. 

Richard Levin, Esq. 

And 

Bennazar, Garcia & Millian, C.S.P. 

Edificio Union Plaza, PH-A Piso 18 

416 Ave. Ponce de Le6n 

Hato Rey, PR 00918 

Attn: A,J. Bennazar-Zequeira, Esq. 

Case:17-03283-LTS Doc#:3559-2 Filed:07/16/18 Entered:07/16/18 19:09:12 Desc:

Exhibit B Part 2 Page 12 of 48
COFINA TITLE III 

Summary of Legal Fees for the Period March 1 through March 31, 2018 

Hermann D. Baue Member Litigation 

Pedro R. Pierluisi Member Corporate 

Emiliano Trigo Fr Associate Corporate 

Totals 

Less: 10% Courtesy discount 

SUMMARY OF LEGAL FEES 

COFINA TITLE III 

If.~j(ny.Total Total 

Blmqg BiliedCoDlpens#i() 

. Roit';' Hollfs' '''\'Jl;c,;. 

$290.00 1.50 $ 435.00 

$395.00 0.90 $ 355.50 

$200.00 2.30 $ 460.00 

4.70 $ 1,250.50 

$ (125.05) 

$ 1,125.45 I 

Summary of Disbursements for the Period March 1 through March 31, 2018 

Description - Expenses 1$ Amounts 

Totals $ 

ISUMMARY OF DISBURSEMENTS $ 

Case:17-03283-LTS Doc#:3559-2 Filed:07/16/18 Entered:07/16/18 19:09:12 Desc:

Exhibit B Part 2 Page 13 of 48
COFINA TITLE III 

Summary of Legal Fees for the Period March 1 through March 31, 2018 

I · . .. .'. . .••.•.... I) ... ep,a.· .... r ..•.... t.·i

•........... m e.· ... n - B·.·\?lul\·'n.···gy

' •..• B'·.·.·ill·Oea.·d··· .C·o····.·m.pge.nasi .•·a·.·· .• ·t·.·, .. '.• o·,.··.'· .. ......•. '.' •....•. . i,·.' ···1 •.•• ; •• /·/ ···i 'J .'i« '. .-' .:C". HIT fT" Tn .. iprofessimiaI.., >Pos .... ,.i ...• t .... i ... O., •. u./Tit ,I"." i . . I. .'. .... tT? • Rate a1lUl'sn 

Hennann D. Baue Member Litigation $290.00 1.50 $ 435.00 

Pedro R. Pierluisi Member Corporate $395.00 0.90 $ 355.50 

Emiliano Trigo Fr Associate Corporate $200.00 2.30 $ 460.00 

Totals 4.70 $ 1,250.50 

Less: 10% Courtesy discount $ (125.05) 

SUMMARY OF LEGAL FEES $ 1,125.45 1 

COFINA TITLE III 

Summary of Disbursements for the Period March 1 through March 31, 2018 

ilesctiptioll- Expeuses', "'1$ Amounts 

Totals $ 

ISUMMARY OF DISBURSEMENTS $ 

Case:17-03283-LTS Doc#:3559-2 Filed:07/16/18 Entered:07/16/18 19:09:12 Desc:

Exhibit B Part 2 Page 14 of 48
O&B requests payment and reimbursement in accordance with the procedures set 

forth in the Interim Compensation Order (i. e., payment of ninety percent (90%) of the 

compensation sought, in the amount of $1,012.91, and reimbursement of one-hundred 

percent (100%) of expenses incurred, in the amount of $0.00) in the total amount 

of$I,012.91. 

00551925; I 

Case:17-03283-LTS Doc#:3559-2 Filed:07/16/18 Entered:07/16/18 19:09:12 Desc:

Exhibit B Part 2 Page 15 of 48
Exhibit A 

00551925; 1 

Case:17-03283-LTS Doc#:3559-2 Filed:07/16/18 Entered:07/16/18 19:09:12 Desc:

Exhibit B Part 2 Page 16 of 48
IN ACCOUNT WITH 

0' N ElL L & B 0 R G E S LLC 

FOMB IN RE COFINA TITLE III 

BILLING SUMMARY 

250 AVE MUNoZ RIVERA, SUITE 800 

SAN JUAN" PR 009,18-1813 

TEL. (787) 764-8181 

FAX (787) 753-8944 

April 10, 2018 

Bill #: 324092 

Billing Attorney:.C;:GB 

For Professional Services Rendered and Reimbursable Expenses for the period ending 

March 31,2018: 

Client.Matter: P1702 - 0 

RE: GENERAL 

Total Professional Services 

Less Discount 

Net Professional Services 

Total Reimbursable Expenses 

TOTAL THIS INVOICE 

$'195.50 

. $ -79.55 

$ 715.95 

$ .00 

$ 715.95 

Case:17-03283-LTS Doc#:3559-2 Filed:07/16/18 Entered:07/16/18 19:09:12 Desc:

Exhibit B Part 2 Page 17 of 48
IN ACCOUNT WITH 250 IWE MUNoZ RIVERA, SUITE 800 

SAN JUAN., PR 00918-1813 

Tel, (787) 764-8181 

0' N ElL L & B 0 R G E S LLC 

FAX (787) 753-8944 

Client.Matter: P1702 , 0 

RE: GENERAL 

PROFESSIONAL SERVICES 

Date Atty Task Description --

3/13/18 PRP 210 Review and analyze potential framework forrcstructuring 

of COFINA debt. 

3/13/18 ETF 201 Review COFlNA settlement framework deck, (.90) pebt 

subcommittee call, (1.30) 

TOTAL PROFESSIONAL SERVICES 

Less Discount 

NET PROFESSIONAL SERVICES: 

SUMMARY OF PROFESSIONAL SERVICES 

Name 

PEDRO R. PIERLUISI 

EMILIANO TRIGO FRITZ 

Total 

Hours --"---- ------"-~~';:-;:---

,90 

2.20 

3.10 

TOTAL TillS INVOICE 

Hours Rate Amount 

:90 395,00 355,50 

2.20 200,00 440,00 

Rate 

395,00 

200,00 

$ 795,50 

$ -79,55 

$715,95 

Total 

355,50 

440,00 

$ 795.50 

$ 715.95 

CONFlDENTIAL-ATTORNEY WORK PRODUCT/ATTORNEY/CLIENT PRlVILEGE 

1 

Case:17-03283-LTS Doc#:3559-2 Filed:07/16/18 Entered:07/16/18 19:09:12 Desc:

Exhibit B Part 2 Page 18 of 48
IN ACCOUNT WITH 

0' N EI LL & BORGES LLC 

FOMB IN RE COFINA TITLE III 

BILLING SUMMARY 

25'0 AVE MUi\!OZ RIVERA, SUITE 8'00 

SAN ,JUAN" PR 0'0918-1813 

TEL, (787') 764-8181 

FAX (787) 753-8944 

April 10, 2018 

Bill #: 324135 

Billing Attomey:C:::GB 

For Professional Services Rendered and Reimbursable Expenses for the period ending 

March 31, 2018: 

Client.Matter: P1702 - 2 

RE: GENERAL 

Total Professional Services 

VOLUME DISCOUNT 

Net Professional Services 

Total Reimbursable Expenses 

TOTAL THIS INVOICE 

$:455,00 

'$ -45,50 

$ 409,50 

$ ,00 

$ 409.50 

Case:17-03283-LTS Doc#:3559-2 Filed:07/16/18 Entered:07/16/18 19:09:12 Desc:

Exhibit B Part 2 Page 19 of 48
IN ACCOUNT WITH 

0' N ElL L & B 0 R G E S LLC 

Client.Matter: P1702 . 2 

RE: GENERAL 

PROFESSIONAL SERVICES 

Date Arty Task Description 

3/13/18 HDB 210 Tel. conf. with Dcbt Restmcturing Subcommittee 

regarding altematives to restmcture COFINA. 

3/1 9/1 8 ETF 210 Email exchanges with Proskauer regarding SUT 

reduction in proposed tax reform. 

250 AVE MUNOZ RIVERA, SUITE BOO 

SAN JUAN, PR 00918-1813 

TEL. (787) 764-8181 

FAX (787) 753-8944 

",,:::>~-

'. ~,'-'\- / 

Hours Rate Amount 

1.20 290.00 348.00 

.10 200.00 20.00 

3/20118 HDB 210 Review proposed language regarding SUTll1odification .30 290.00 87.00 

in connection with proposed tax bill. 

TOTAL PROFESSIONAL SERVICES 

VOLUME DISCOUNT 

NET PROFESSIONAL SERVICES: 

SUMMARY; OF PROFESSIONAL SERVICES 

Name 

HERMANN BAUER 

EMILIANO TRIGO FRITZ 

Hours 

1.50 

.10 

Rate 

290.00 

200.00 

Total 1.60 

TOTAL THIS INVOICE 

CONFIDENTIAL-ATTORNEY WORK PRODUCT/ATTORNEY/CLIENT PRIVILEGE 

1 

$ 455.00 

$ -45.50 

$ 409.50 

Total 

435.00 

20.00 

$ 455.00 

$ 409.50 

Case:17-03283-LTS Doc#:3559-2 Filed:07/16/18 Entered:07/16/18 19:09:12 Desc:

Exhibit B Part 2 Page 20 of 48
00567375; 1

UNITED STATES DISTRICT COURT

FOR THE DISTRICT OF PUERTO RICO

--------------------------------------------------------------------x

In re:

THE FINANCIAL OVERSIGHT AND 

MANAGEMENT BOARD FOR PUERTO RICO,

 as representative of

THE COMMONWEALTH OF PUERTO RICO, et al.

 Debtors.1

PROMESA

Title III 

Case No. 17 BK 3283-LTS

(Jointly Administered)

--------------------------------------------------------------------x

In re:

THE FINANCIAL OVERSIGHT AND 

MANAGEMENT BOARD FOR PUERTO RICO,

 as representative of

PUERTO RICO SALES TAX FINANCING 

CORPORATION (“COFINA”),

 Debtor.

PROMESA

Title III 

Case No. 17 BK 3284-LTS

--------------------------------------------------------------------x

COVER SHEET TO TWELFTH MONTHLY FEE APPLICATION OF 

O’NEILL & BORGES LLC FOR COMPENSATION FOR SERVICES 

RENDERED AND REIMBURSEMENT OF EXPENSES AS ATTORNEYS TO 

THE FINANCIAL OVERSIGHT AND MANAGEMENT BOARD FOR 

PUERTO RICO, AS REPRESENTATIVE OF DEBTOR, PUERTO RICO SALES 

TAX FINANCING CORPORATION FOR THE PERIOD OF 

APRIL 1, 2018 THROUGH APRIL 30, 2018

 

1

 The Debtors in these Title III Cases, along with each Debtor’s respective title III case number and the last four (4) digits of each 

Debtor’s federal tax identification number, as applicable, are the (i) Commonwealth of Puerto Rico (Bankruptcy Case No. 17 BK 

3283-LTS) (Last Four Digits of Federal Tax ID: 3481); (ii) Puerto Rico Sales Tax Financing Corporation (“COFINA”) 

(Bankruptcy Case No. 17 BK 3284-LTS) (Last Four Digits of Federal Tax ID: 8474); (iii) Puerto Rico Highways and 

Transportation Authority (“HTA”) (Bankruptcy Case No. 17 BK 3567-LTS) (Last Four Digits of Federal Tax ID: 3808); (iv) 

Employees Retirement System of the Government of the Commonwealth of Puerto Rico (“ERS”) (Bankruptcy Case No. 17 BK 

3566-LTS) (Last Four Digits of Federal Tax ID: 9686); and (v) Puerto Rico Electric Power Authority (“PREPA”) (Bankruptcy 

Case No. 17 BK 4780-LTS) (Last Four (4) Digits of Federal Tax ID: 3747).

Case:17-03283-LTS Doc#:3559-2 Filed:07/16/18 Entered:07/16/18 19:09:12 Desc:

Exhibit B Part 2 Page 21 of 48
00567375; 1

Name of applicant O'Neill & Borges LLC (“O&B”)

Authorized to provide professional services 

to:

Financial Oversight and Management 

Board, as Representative for the Debtor 

Pursuant to PROMESA Section 315(b)

Time period covered by this application: April 1, 2018 through April 30, 2018

Amount of compensation sought as actual, 

reasonable and necessary: 

$536.20

Amount of expense reimbursement sought 

as actual, reasonable and necessary: 

$51.30

Total amount for this invoice: $577.80

This is a: X monthly ___ interim ___ final application

This is O&B's twelfth monthly fee application in these cases.

Case:17-03283-LTS Doc#:3559-2 Filed:07/16/18 Entered:07/16/18 19:09:12 Desc:

Exhibit B Part 2 Page 22 of 48
00567375; 1

Principal Certification

I hereby authorize the submission of this Monthly Fee Statement for April 2018. 

______________________________________ 

Jaime A. El Koury 

General Counsel to the Financial Oversight and 

Management Board for Puerto Rico

Case:17-03283-LTS Doc#:3559-2 Filed:07/16/18 Entered:07/16/18 19:09:12 Desc:

Exhibit B Part 2 Page 23 of 48
00567375; 1

On July 9, 2018 sent to:

Counsel for the Oversight Board:

Proskauer Rose LLP

Eleven Times Square

New York, NY 10036

Attn: Martin J. Bienenstock, Esq., 

mbienenstock@proskauer.com

Ehud Barak, Esq., ebarak@proskauer.com

Proskauer Rose LLP

70 West Madison Street, Chicago, IL 60602

Attn: Paul V. Possinger, Esq., 

ppossinger@proskauer.com

Counsel for AAFAF:

O’Melveny & Myers LLP

Times Square Tower, 7 Times Square

New York, NY 10036

Attn: John J. Rapisardi, Esq., jrapisardi@omm.com

Suzzanne Uhland, Esq., suhland@omm.com

Diana M. Pérez, Esq., dperez@omm.com

Counsel for PR Fiscal Agency and Financial Advisory 

Authority:

Marini Pietrantoni Muñiz LLC

MCS Plaza Suite 500, 255 Ponce de León Ave.

San Juan, PR 00917

Attn: Luis C. Marini-Biaggi, Esq., 

lmarini@mpmlawpr.com

Carolina Velaz-Rivero, Esq., cvelaz@mpmlawpr.com

Office of the United States Trustee District of PR:

Edif. Ochoa, 500 Tanca Street, Suite 301

San Juan, PR 00901

Re: In re: Commonwealth of Puerto Rico

Counsel for the Official Committee of Unsecured 

Creditors:

Paul Hastings LLP

200 Park Avenue 

New York, NY 10166

Attn: Luc. A. Despins, Esq., 

lucdespins@paulhastings.com

Casillas, Santiago & Torres, LLC

El Caribe Office Building, 53 Palmeras Street, Suite 1601

San Juan, PR 00901-2419

Attn: Juan J. Casillas Ayala, Esq., 

jcasillas@cstlawpr.com

Alberto J.E. Añeses Negrón, Esq., aaneses@cstlawpr.com

Counsel for the Official Committee of Retired 

Employees:

Bennazar, García & Millian, C.S.P.

Edificio Union Plaza, PH-A Piso 18, 416 Ave. Ponce de 

León

Hato Rey, PR 00918

Attn: A.J. Bennazar-Zequeira, Esq., ajb@bennazar.org

Jenner & Block LLP

919 Third Ave

New York NY 10022

Attn: Robert Gordon, Esq., rgordong@jenner.com

Richard Levin, Esq., rlevin@jenner.com

Jenner & Block LLP

353 N. Clark Street

Chicago, IL 60654

Attn: Catherine Steege, Esq., csteege@jenner.com

Melissa Root, Esq, mroot@jenner.com

PR Department of Treasury:

PO Box 9024140

San Juan, PR 00902-4140

Attn: Reylam Guerra Goderich, Deputy Assistant of 

Central Accounting, Reylam.Guerra@hacienda.pr.gov

Omar E. Rodríguez-Pérez, CPA, Assistant 

Secretary of Central Accounting, 

Rodriguez.Omar@hacienda.pr.gov

Angel L. Pantoja-Rodríguez Deputy Assistant Secretary 

of Internal Revenue and Tax Policy 

angel.pantoja@hacienda.pr.gov

Francisco Parés-Alicea, Assistant Secretary of Internal 

Revenue and Tax Policy, 

Francisco.pares@hacienda.pr.gov

Francisco Pena Montanez, CPA, Assistant Secretary of 

the Treasury, Francisco.Pena@hacienda.pr.gov

Counsel for the Fee Examiner:

EDGE Legal Strategies, PSC

252 Ponce de León Av, Citibank Tower, 12th Floor

San Juan, PR 00918

Attn: Eyck O. Lugo, Esq., elugo@edgelegalpr.com

Godfrey & Kahn, S.C.

Onee East Main Street, Suite 500

Madison, WI 53703

Attn: Katherine Stadler, KStadler@gklaw.com

Case:17-03283-LTS Doc#:3559-2 Filed:07/16/18 Entered:07/16/18 19:09:12 Desc:

Exhibit B Part 2 Page 24 of 48
00567375; 1

Professional Position/Title Department

Hourly 

Billing 

Rate

Total 

Billed 

Hours

Total 

Compensation

Hermann D. Bauer Member Litigation $ 290.00 0.30 $ 87.00

Ubaldo M. Fernandez Barrera Jr. Member Litigation $ 210.00 2.20 $ 462.00

Daniel J. Perez Refojos Associate Litigation $ 180.00 0.20 $ 36.00

Totals 2.70 $ 585.00

Less: 10% Courtesy discount $ (58.50)

SUMMARY OF LEGAL FEES $ 526.50

Totals $ 51.30

SUMMARY OF DISBURSEMENTS $ 51.30

COFINA TITLE III 

Summary of Legal Fees for the Period April 1 through April 30, 2018

Summary of Disbursements for the Period April 1 through April 30, 2018

Description - Expenses Amounts

Duplicating $ 51.30

COFINA TITLE III 

Case:17-03283-LTS Doc#:3559-2 Filed:07/16/18 Entered:07/16/18 19:09:12 Desc:

Exhibit B Part 2 Page 25 of 48
00567375; 1

Task Code Matter Description

Total 

Billed 

Hours

Total Fees 

Requested

212 General Administration 0.30 $ 87.00

218 Employment and Fee Applications 0.80 $ 168.00

224 Fee Applications-O&B 1.40 $ 294.00

225 Fee Applications-Proskauer 0.20 $ 36.00

$ 585.00

Less: 10% Courtesy Discount $ (58.50)

TOTALS 2.70 $ 526.50

COFINA TITLE III 

Summary of Legal Fees for the Period April 1 through April 30, 2018

Case:17-03283-LTS Doc#:3559-2 Filed:07/16/18 Entered:07/16/18 19:09:12 Desc:

Exhibit B Part 2 Page 26 of 48
00567375; 1

O&B requests payment and reimbursement in accordance with the procedures set 

forth in the Interim Compensation Order (i.e., payment of ninety percent (90%) of the 

compensation sought, in the amount of $473.85, and reimbursement of one-hundred 

percent (100%) of expenses incurred, in the amount of $51.30) in the total amount 

of $525.15. 

Case:17-03283-LTS Doc#:3559-2 Filed:07/16/18 Entered:07/16/18 19:09:12 Desc:

Exhibit B Part 2 Page 27 of 48
00567375; 1

Professional Certification

I hereby certify that no public servant of the Department of Treasury is a party to 

or has any interest in the gains or benefits derived from the contract that is the basis of 

this invoice. The only consideration for providing services under the contract is the 

payment agreed upon with the authorized representatives of the Financial Oversight and 

Management Board for Puerto Rico. The amount of this invoice is reasonable. The 

services were rendered and the corresponding payment has not been made. To the best of 

my knowledge, O’Neill & Borges LLC does not have any debts owed to the Government 

of Puerto Rico or its instrumentalities.

s/Ubaldo M. Fernández

Ubaldo M. Fernández 

O’Neill & Borges LLC

250 Muñoz Rivera Ave., Ste. 800

San Juan, PR 00918-1813

Tel: (787) 282-5786

Fax: (787) 753-8944

Case:17-03283-LTS Doc#:3559-2 Filed:07/16/18 Entered:07/16/18 19:09:12 Desc:

Exhibit B Part 2 Page 28 of 48
00567375; 1

Exhibit A

Case:17-03283-LTS Doc#:3559-2 Filed:07/16/18 Entered:07/16/18 19:09:12 Desc:

Exhibit B Part 2 Page 29 of 48
 May 3, 2018

FOMB IN RE COFINA TITLE III

RE: GENERAL

Enclosed please find our bill for professional services rendered and reimbursable expenses.

Should you have any questions concerning the attached bill, please do not hesitate to contact us. Your prompt 

payment would be greatly appreciated.

Sincerely Yours,

CARLA GARCIA BENITEZ 

Case:17-03283-LTS Doc#:3559-2 Filed:07/16/18 Entered:07/16/18 19:09:12 Desc:

Exhibit B Part 2 Page 30 of 48
 May 3, 2018

FOMB IN RE COFINA TITLE III Bill #: 324415

 Billing Attorney: CGB

 

BILLING SUMMARY 

For Professional Services Rendered and Reimbursable Expenses for the period ending

April 30, 2018:

 

Client.Matter: P1702 - 0

RE: GENERAL

 

Total Professional Services $ 498.00

Less Discount $ -49.80 

Net Professional Services $ 448.20

Total Reimbursable Expenses $ 51.30 

TOTAL THIS INVOICE $ 499.50 

Case:17-03283-LTS Doc#:3559-2 Filed:07/16/18 Entered:07/16/18 19:09:12 Desc:

Exhibit B Part 2 Page 31 of 48
CONFIDENTIAL-ATTORNEY WORK PRODUCT/ATTORNEY/CLIENT PRIVILEGE

1

Client.Matter: P1702 . 0 

RE: GENERAL

PROFESSIONAL SERVICES 

Date Atty Task Description Hours Rate Amount

4/02/18 UMF 224 Draft and finalize monthly fee statements for November, 

December and January of O'Neill & Borges, charts and 

invoices attached thereto.

1.40 210.00 294.00

4/09/18 UMF 218 Review draft of protective order on fee applications and 

analyze same for execution upon draft of email to A. 

Ashton on same matter.

.80 210.00 168.00

4/09/18 DJP 225 Draft and send email to Prime Clerk LLC informing of 

the filing of the Summary Sheet to Second Interim Fee 

Application of Proskauer Rose LLP for Compensation 

for Services Rendered and Reimbursement of Expenses 

Incurred as Attorneys for the Financial Oversight and 

Management Board for Puerto Rico, as Representative of 

the Debtor, the Puerto Rico Sales Tax Financing 

Corporation, for the Period October 1, 2017 through 

January 31, 2018, and corresponding Notice, and 

requesting service accordingly.

.20 180.00 36.00

 TOTAL PROFESSIONAL SERVICES $ 498.00 

Less Discount $ -49.80 

 NET PROFESSIONAL SERVICES: $ 448.20 

SUMMARY OF PROFESSIONAL SERVICES

Name Hours Rate Total

UBALDO M. FERNANDEZ BARRERA 2.20 210.00 462.00

DANIEL J. PEREZ REFOJOS .20 180.00 36.00

Total 2.40 $ 498.00

Case:17-03283-LTS Doc#:3559-2 Filed:07/16/18 Entered:07/16/18 19:09:12 Desc:

Exhibit B Part 2 Page 32 of 48
 O'Neill & Borges LLC

Bill #: 324415 May 3, 2018 

CONFIDENTIAL-ATTORNEY WORK PRODUCT/ATTORNEY/CLIENT PRIVILEGE

2

EXPENSES 

Date Description Amount

4/02/18 DUPLICATING - AS OF 4/02/18 (450 Copies @ $.10) 45.00

4/03/18 DUPLICATING - AS OF 4/03/18 (16 Copies @ $.10) 1.60

4/03/18 DUPLICATING - AS OF 4/03/18 (19 Copies @ $.10) 1.90

4/03/18 DUPLICATING - AS OF 4/03/18 (15 Copies @ $.10) 1.50

4/05/18 DUPLICATING - AS OF 4/05/18 (13 Copies @ $.10) 1.30

 TOTAL REIMBURSABLE EXPENSES $ 51.30 

TOTAL THIS INVOICE $ 499.50 

Case:17-03283-LTS Doc#:3559-2 Filed:07/16/18 Entered:07/16/18 19:09:12 Desc:

Exhibit B Part 2 Page 33 of 48
 May 3, 2018

FOMB IN RE COFINA TITLE III

RE: 17-00133-LTS BANK OF N.Y. MELLON V. COFINA-CGB

Enclosed please find our bill for professional services rendered and reimbursable expenses.

Should you have any questions concerning the attached bill, please do not hesitate to contact us. Your prompt 

payment would be greatly appreciated.

Sincerely Yours,

CARLA GARCIA BENITEZ 

Case:17-03283-LTS Doc#:3559-2 Filed:07/16/18 Entered:07/16/18 19:09:12 Desc:

Exhibit B Part 2 Page 34 of 48
 May 3, 2018

FOMB IN RE COFINA TITLE III Bill #: 324417

 Billing Attorney: CGB

 

BILLING SUMMARY 

For Professional Services Rendered and Reimbursable Expenses for the period ending

April 30, 2018:

 

Client.Matter: P1702 - 801

RE: 17-00133-LTS BANK OF N.Y. MELLON V. COFINA-CGB

 

Total Professional Services $ 87.00

VOLUME DISCOUNT $ -8.70 

Net Professional Services $ 78.30

Total Reimbursable Expenses $ .00 

TOTAL THIS INVOICE $ 78.30 

Case:17-03283-LTS Doc#:3559-2 Filed:07/16/18 Entered:07/16/18 19:09:12 Desc:

Exhibit B Part 2 Page 35 of 48
CONFIDENTIAL-ATTORNEY WORK PRODUCT/ATTORNEY/CLIENT PRIVILEGE

1

Client.Matter: P1702 . 801 

RE: 17-00133-LTS BANK OF N.Y. MELLON V. COFINA-CGB

PROFESSIONAL SERVICES 

Date Atty Task Description Hours Rate Amount

4/03/18 HDB 212 Analyze Assured Guaranty Corp. and Assured Guaranty 

Municipal Corp.'s Informative Motion Regarding Recent 

Authority Supporting their Motion for Summary 

Judgment.

.20 290.00 58.00

4/03/18 HDB 212 Draft e-mail regarding deposition of Assured Guaranty 

Corp. and Assured Guaranty Municipal Corp.'s 

Informative Motion Regarding Recent Authority 

Supporting their Motion for Summary Judgment.

.10 290.00 29.00

 TOTAL PROFESSIONAL SERVICES $ 87.00 

VOLUME DISCOUNT $ -8.70 

 NET PROFESSIONAL SERVICES: $ 78.30 

SUMMARY OF PROFESSIONAL SERVICES

Name Hours Rate Total

HERMANN BAUER .30 290.00 87.00

Total .30 $ 87.00

TOTAL THIS INVOICE $ 78.30 

Case:17-03283-LTS Doc#:3559-2 Filed:07/16/18 Entered:07/16/18 19:09:12 Desc:

Exhibit B Part 2 Page 36 of 48
00565366; 1

UNITED STATES DISTRICT COURT

FOR THE DISTRICT OF PUERTO RICO

--------------------------------------------------------------------x

In re:

THE FINANCIAL OVERSIGHT AND 

MANAGEMENT BOARD FOR PUERTO RICO,

 as representative of

THE COMMONWEALTH OF PUERTO RICO, et al.

 Debtors.1

PROMESA

Title III 

Case No. 17 BK 3283-LTS

(Jointly Administered)

--------------------------------------------------------------------x

In re:

THE FINANCIAL OVERSIGHT AND 

MANAGEMENT BOARD FOR PUERTO RICO,

 as representative of

PUERTO RICO SALES TAX FINANCING 

CORPORATION (“COFINA”),

 Debtor.

PROMESA

Title III 

Case No. 17 BK 3284-LTS

--------------------------------------------------------------------x

COVER SHEET TO THIRTEENTH MONTHLY FEE APPLICATION OF 

O’NEILL & BORGES LLC FOR COMPENSATION FOR SERVICES 

RENDERED AND REIMBURSEMENT OF EXPENSES AS ATTORNEYS TO 

THE FINANCIAL OVERSIGHT AND MANAGEMENT BOARD FOR 

PUERTO RICO, AS REPRESENTATIVE OF DEBTOR, PUERTO RICO SALES 

TAX FINANCING CORPORATION FOR THE PERIOD OF 

MAY 1, 2018 THROUGH MAY 31, 2018

 

1

 The Debtors in these Title III Cases, along with each Debtor’s respective title III case number and the last four (4) digits of each 

Debtor’s federal tax identification number, as applicable, are the (i) Commonwealth of Puerto Rico (Bankruptcy Case No. 17 BK 

3283-LTS) (Last Four Digits of Federal Tax ID: 3481); (ii) Puerto Rico Sales Tax Financing Corporation (“COFINA”) 

(Bankruptcy Case No. 17 BK 3284-LTS) (Last Four Digits of Federal Tax ID: 8474); (iii) Puerto Rico Highways and 

Transportation Authority (“HTA”) (Bankruptcy Case No. 17 BK 3567-LTS) (Last Four Digits of Federal Tax ID: 3808); (iv) 

Employees Retirement System of the Government of the Commonwealth of Puerto Rico (“ERS”) (Bankruptcy Case No. 17 BK 

3566-LTS) (Last Four Digits of Federal Tax ID: 9686); and (v) Puerto Rico Electric Power Authority (“PREPA”) (Bankruptcy 

Case No. 17 BK 4780-LTS) (Last Four (4) Digits of Federal Tax ID: 3747).

Case:17-03283-LTS Doc#:3559-2 Filed:07/16/18 Entered:07/16/18 19:09:12 Desc:

Exhibit B Part 2 Page 37 of 48
00565366; 1

Name of applicant O'Neill & Borges LLC (“O&B”)

Authorized to provide professional services 

to:

Financial Oversight and Management 

Board, as Representative for the Debtor 

Pursuant to PROMESA Section 315(b)

Time period covered by this application: May 1, 2018 through May 31, 2018

Amount of compensation sought as actual, 

reasonable and necessary: 

$139.05

Amount of expense reimbursement sought 

as actual, reasonable and necessary: 

$0.00

Total amount for this invoice: $139.05

This is a: X monthly ___ interim ___ final application

This is O&B's thirteenth monthly fee application in these cases.

Case:17-03283-LTS Doc#:3559-2 Filed:07/16/18 Entered:07/16/18 19:09:12 Desc:

Exhibit B Part 2 Page 38 of 48
00565366; 1

Principal Certification

I hereby authorize the submission of this Monthly Fee Statement for May 2018. 

______________________________________ 

Jaime A. El Koury 

General Counsel to the Financial Oversight and 

Management Board for Puerto Rico

Case:17-03283-LTS Doc#:3559-2 Filed:07/16/18 Entered:07/16/18 19:09:12 Desc:

Exhibit B Part 2 Page 39 of 48
00565366; 1

On July 9, 2018 sent to:

Counsel for the Oversight Board:

Proskauer Rose LLP

Eleven Times Square

New York, NY 10036

Attn: Martin J. Bienenstock, Esq., 

mbienenstock@proskauer.com

Ehud Barak, Esq., ebarak@proskauer.com

Proskauer Rose LLP

70 West Madison Street, Chicago, IL 60602

Attn: Paul V. Possinger, Esq., 

ppossinger@proskauer.com

Counsel for AAFAF:

O’Melveny & Myers LLP

Times Square Tower, 7 Times Square

New York, NY 10036

Attn: John J. Rapisardi, Esq., jrapisardi@omm.com

Suzzanne Uhland, Esq., suhland@omm.com

Diana M. Pérez, Esq., dperez@omm.com

Counsel for PR Fiscal Agency and Financial Advisory 

Authority:

Marini Pietrantoni Muñiz LLC

MCS Plaza Suite 500, 255 Ponce de León Ave.

San Juan, PR 00917

Attn: Luis C. Marini-Biaggi, Esq., 

lmarini@mpmlawpr.com

Carolina Velaz-Rivero, Esq., cvelaz@mpmlawpr.com

Office of the United States Trustee District of PR:

Edif. Ochoa, 500 Tanca Street, Suite 301

San Juan, PR 00901

Re: In re: Commonwealth of Puerto Rico

Counsel for the Official Committee of Unsecured 

Creditors:

Paul Hastings LLP

200 Park Avenue 

New York, NY 10166

Attn: Luc. A. Despins, Esq., 

lucdespins@paulhastings.com

Casillas, Santiago & Torres, LLC

El Caribe Office Building, 53 Palmeras Street, Suite 1601

San Juan, PR 00901-2419

Attn: Juan J. Casillas Ayala, Esq., 

jcasillas@cstlawpr.com

Alberto J.E. Añeses Negrón, Esq., aaneses@cstlawpr.com

Counsel for the Official Committee of Retired 

Employees:

Bennazar, García & Millian, C.S.P.

Edificio Union Plaza, PH-A Piso 18, 416 Ave. Ponce de 

León

Hato Rey, PR 00918

Attn: A.J. Bennazar-Zequeira, Esq., ajb@bennazar.org

Jenner & Block LLP

919 Third Ave

New York NY 10022

Attn: Robert Gordon, Esq., rgordong@jenner.com

Richard Levin, Esq., rlevin@jenner.com

Jenner & Block LLP

353 N. Clark Street

Chicago, IL 60654

Attn: Catherine Steege, Esq., csteege@jenner.com

Melissa Root, Esq, mroot@jenner.com

PR Department of Treasury:

PO Box 9024140

San Juan, PR 00902-4140

Attn: Reylam Guerra Goderich, Deputy Assistant of 

Central Accounting, Reylam.Guerra@hacienda.pr.gov

Omar E. Rodríguez-Pérez, CPA, Assistant 

Secretary of Central Accounting, 

Rodriguez.Omar@hacienda.pr.gov

Angel L. Pantoja-Rodríguez Deputy Assistant Secretary 

of Internal Revenue and Tax Policy 

angel.pantoja@hacienda.pr.gov

Francisco Parés-Alicea, Assistant Secretary of Internal 

Revenue and Tax Policy, 

Francisco.pares@hacienda.pr.gov

Francisco Pena Montanez, CPA, Assistant Secretary of 

the Treasury, Francisco.Pena@hacienda.pr.gov

Counsel for the Fee Examiner:

EDGE Legal Strategies, PSC

252 Ponce de León Av, Citibank Tower, 12th Floor

San Juan, PR 00918

Attn: Eyck O. Lugo, Esq., elugo@edgelegalpr.com

Godfrey & Kahn, S.C.

Onee East Main Street, Suite 500

Madison, WI 53703

Attn: Katherine Stadler, KStadler@gklaw.com

Case:17-03283-LTS Doc#:3559-2 Filed:07/16/18 Entered:07/16/18 19:09:12 Desc:

Exhibit B Part 2 Page 40 of 48
00565366; 1

Professional Position/Title Department

Hourly 

Billing 

Rate

Total 

Billed 

Hours

Total 

Compensation

Ubaldo M. Fernandez Barrera Jr. Member Litigation $ 210.00 0.50 $ 105.00

Daniel J. Perez Refojos Associate Litigation $ 180.00 0.20 $ 36.00

Milagros Marcano Baez Paralegal Litigation $ 135.00 0.10 $ 13.50

Totals 0.80 $ 154.50

Less: 10% Courtesy discount $ (15.45)

SUMMARY OF LEGAL FEES $ 139.05

Totals $ -

SUMMARY OF DISBURSEMENTS $ -

COFINA TITLE III 

Summary of Legal Fees for the Period May 1 through May 31, 2018

Summary of Disbursements for the Period May 1 through May 31, 2018

Description - Expenses Amounts

$ -

COFINA TITLE III 

Case:17-03283-LTS Doc#:3559-2 Filed:07/16/18 Entered:07/16/18 19:09:12 Desc:

Exhibit B Part 2 Page 41 of 48
00565366; 1

Task Code Matter Description

Total 

Billed 

Hours

Total Fees 

Requested

206 Documents Filed on Behalf of the Board 0.20 $ 36.00

218 Employment and Fee Applications 0.50 $ 105.00

219 Docketing 0.10 $ 13.50

$ 154.50

Less: 10% Courtesy Discount $ (15.45)

TOTALS 0.80 $ 139.05

COFINA TITLE III 

Summary of Legal Fees for the Period May 1 through May 31, 2018

Case:17-03283-LTS Doc#:3559-2 Filed:07/16/18 Entered:07/16/18 19:09:12 Desc:

Exhibit B Part 2 Page 42 of 48
00565366; 1

O&B requests payment and reimbursement in accordance with the procedures set 

forth in the Interim Compensation Order (i.e., payment of ninety percent (90%) of the 

compensation sought, in the amount of $125.15, and reimbursement of one-hundred 

percent (100%) of expenses incurred, in the amount of $0.00) in the total amount 

of $125.15. 

Case:17-03283-LTS Doc#:3559-2 Filed:07/16/18 Entered:07/16/18 19:09:12 Desc:

Exhibit B Part 2 Page 43 of 48
00565366; 1

Professional Certification

I hereby certify that no public servant of the Department of Treasury is a party to 

or has any interest in the gains or benefits derived from the contract that is the basis of 

this invoice. The only consideration for providing services under the contract is the 

payment agreed upon with the authorized representatives of the Financial Oversight and 

Management Board for Puerto Rico. The amount of this invoice is reasonable. The 

services were rendered and the corresponding payment has not been made. To the best of 

my knowledge, O’Neill & Borges LLC does not have any debts owed to the Government 

of Puerto Rico or its instrumentalities.

s/Ubaldo M. Fernández

Ubaldo M. Fernández 

O’Neill & Borges LLC

250 Muñoz Rivera Ave., Ste. 800

San Juan, PR 00918-1813

Tel: (787) 282-5786

Fax: (787) 753-8944

Case:17-03283-LTS Doc#:3559-2 Filed:07/16/18 Entered:07/16/18 19:09:12 Desc:

Exhibit B Part 2 Page 44 of 48
00565366; 1

Exhibit A

Case:17-03283-LTS Doc#:3559-2 Filed:07/16/18 Entered:07/16/18 19:09:12 Desc:

Exhibit B Part 2 Page 45 of 48
 June 5, 2018

FOMB IN RE COFINA TITLE III

RE: GENERAL

Enclosed please find our bill for professional services rendered and reimbursable expenses.

Should you have any questions concerning the attached bill, please do not hesitate to contact us. Your prompt 

payment would be greatly appreciated.

Sincerely Yours,

CARLA GARCIA BENITEZ 

Case:17-03283-LTS Doc#:3559-2 Filed:07/16/18 Entered:07/16/18 19:09:12 Desc:

Exhibit B Part 2 Page 46 of 48
 June 5, 2018

FOMB IN RE COFINA TITLE III Bill #: 326791

 Billing Attorney: CGB

 

BILLING SUMMARY 

For Professional Services Rendered and Reimbursable Expenses for the period ending

May 31, 2018:

 

Client.Matter: P1702 - 0

RE: GENERAL

 

Total Professional Services $ 154.50

Less Discount $ -15.45 

Net Professional Services $ 139.05

Total Reimbursable Expenses $ .00 

TOTAL THIS INVOICE $ 139.05 

Case:17-03283-LTS Doc#:3559-2 Filed:07/16/18 Entered:07/16/18 19:09:12 Desc:

Exhibit B Part 2 Page 47 of 48
CONFIDENTIAL-ATTORNEY WORK PRODUCT/ATTORNEY/CLIENT PRIVILEGE

1

Client.Matter: P1702 . 0 

RE: GENERAL

PROFESSIONAL SERVICES 

Date Atty Task Description Hours Rate Amount

5/18/18 UMF 218 Draft monthly fee application for February and March 

2018 COFINA Title III legal fees.

.50 210.00 105.00

5/25/18 DJP 206 File the Debtors' Response to (I) Motion for Extension 

of Bar Date to File Proofs of Claim and (II) Response of 

Official Committee of Unsecured Creditors, and 

supporting exhibits, through the court's electronic filing 

system in case 17-3284.

.20 180.00 36.00

5/29/18 MMB 219 Docket court notice received by email dated May 25, 

2018, regarding deadline to file proofs of claim in 17-

3284 - H. Bauer, U. Fernandez, D. Pérez.

.10 135.00 13.50

 TOTAL PROFESSIONAL SERVICES $ 154.50 

Less Discount $ -15.45 

 NET PROFESSIONAL SERVICES: $ 139.05 

SUMMARY OF PROFESSIONAL SERVICES

Name Hours Rate Total

UBALDO M. FERNANDEZ BARRERA .50 210.00 105.00

DANIEL J. PEREZ REFOJOS .20 180.00 36.00

MILAGROS MARCANO BAEZ .10 135.00 13.50

Total .80 $ 154.50

TOTAL THIS INVOICE $ 139.05 

Case:17-03283-LTS Doc#:3559-2 Filed:07/16/18 Entered:07/16/18 19:09:12 Desc:

Exhibit B Part 2 Page 48 of 48