Exhibit B 

Monthly Statements 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 1 of 154
UNITED STATES DISTRICT COURT

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

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

PROMESA

Title III

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”), et al.,

Debtor.

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

PROMESA

Title III

No. 17 BK 3284-LTS

COVER SHEET TO FOURTEENTH MONTHLY FEE APPLICATION OF

PROSKAUER ROSE LLP FOR COMPENSATION FOR FEES AND SERVICES

RENDERED OUTSIDE OF PUERTO RICO 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 (“COFINA”), FOR THE PERIOD 

JUNE 1, 2018 THROUGH JUNE 30, 2018

ALL FEES AND SERVICES IN THIS MONTHLY FEE STATEMENT 

WERE INCURRED OUTSIDE OF PUERTO RICO

 

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); and (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). (Title III case numbers are listed as Bankruptcy Case numbers due to software limitations).

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 2 of 154
2

Name of Applicant: Proskauer Rose LLP (“Proskauer”)

Authorized to Provide Professional Services 

to:

Financial Oversight and Management Board, 

as Representative for the Debtor Pursuant to

PROMESA Section 315(b)

Period for which compensation and 

reimbursement for fees and services outside of 

Puerto Rico is sought:

June 1, 2018 through June 30, 2018

Amount of compensation sought as actual, 

reasonable and necessary:

$18,127.20

Amount of expense reimbursement sought as 

actual, reasonable and necessary:

$17.10

Total Amount for this Invoice: $18,144.30

This is a: X monthly __ interim __ final application.

This is Proskauer’s fourteenth monthly fee application in these cases and is for fees and services 

rendered outside of Puerto Rico.

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 3 of 154
3 

Principal Certification

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

______________________________________ 

Jaime A. El Koury 

General Counsel to the Financial Oversight and 

Management Board for Puerto Rico 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 4 of 154
4

On July 20, 2018 Sent to:

FOMB: Co-Counsel for AAFAF:

Financial Oversight and Management Board O’Melveny & Myers LLP,

40 Washington Square South Times Square Tower

Office 314A 7 Times Square

New York, NY 10012 New York, NY 10036

Attn: Professor Arthur J. Gonzalez Attn: John J. Rapisardi, Esq.

 FOMB Board Member Suzzanne Uhland, Esq.

 Diana M. Perez, Esq.

O’Neill & Borges LLC

250 Muñoz Rivera Ave., Suite 800 Marini Pietrantoni Muñiz LLC 

San Juan, PR 00918 MCS Plaza, Suite 500

Attn: Hermann D. Bauer, Esq. 255 Ponce de León Ave

San Juan, PR 00917

Attn: Luis C. Marini-Biaggi, Esq. 

Office of United States Trustee Carolina Velaz-Rivero, Esq.

Office of the United States Trustee for the District of 

Puerto Rico

Edificio Ochoa, 500 Tanca Street, Suite 301 Co-Counsel for the Official Committee of Retirees:

San Juan, PR 00901 Jenner & Block LLP

(In re: Commonwealth of Puerto Rico) 919 Third Avenue

New York, NY 10022-3908

Office of the United States Trustee for Region 21 Attn.: Robert Gordon, Esq.

75 Spring Street, SW, Room 362 Richard Levin, Esq.

Atlanta, GA 30303

Attn: Guy G. Gebhardt Jenner & Block LLP

 Acting United States Trustee (Region 21) 353 N. Clark Street

(In re: Commonwealth of Puerto Rico) Chicago, IL 60654

Attn.: Catherine Steege, Esq.

 Melissa Root, Esq.

Co-Counsel for the Official Committee of Unsecured 

Creditors:

Paul Hastings LLP Bennazar, García & Milián, C.S.P.

200 Park Avenue Edificio Union Plaza, PH-A 

New York, NY 10166 416 Avenida Ponce de León

Attn: Luc. A. Despins, Esq. Hato Rey, PR 00918

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

Casillas, Santiago & Torres, LLC 

El Caribe Office Building 

53 Palmeras Street, Ste. 1601 Puerto Rico Department of Treasury 

San Juan, Puerto Rico 00901-2419 PO Box 9024140

Attn: Juan J. Casillas Ayala, Esq. San Juan, PR 00902-4140

 Alberto J. E. Añeses Negrón, Esq. Attn: Reylam Guerra Goderich, Deputy Assistant of 

 Central Accounting

 Omar E. Rodríguez Pérez, CPA, Assistant

Co-Counsel for the Fee Examiner Secretary of Central Accounting

Godfrey & Kahn S.C. Angel L. Pantoja Rodríguez, Deputy Assistant of

One East Main Street, Suite 500 Internal Revenue and Tax Policy

Madison, WI 53703 Francisco Parés Alicea, Assistant Secretary of

Attn: Katherine Stadler Internal Revenue and Tax Policy

 Francisco Peña Montañez, CPA, Assistant 

EDGE Legal Strategies, PSC Secretary of the Treasury

252 Ponce de León Avenue

Citibank Tower, 12th Floor

San Juan, PR 00918

Attn: Eyck O. Lugo

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 5 of 154
Summary of Legal Fees for the Period June 1, 2018 through June 30, 2018

5

Task 

Code Matter Description Total BilledHours

Total Fees

Requested

202 Legal Research 0.10 $75.90

204 Communications with Claimholders 0.30 $227.70

207 Non-Board Court Filings 0.70 $531.30

210 Analysis and Strategy 1.30 $986.70

215 Plan of Adjustment and Disclosure 

Statement

15.90 $12,068.10

218 Employment and Fee Applications 11.50 $4,237.50

Total 29.80 $18,127.20

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 6 of 154
Summary of Legal Fees for the Period June 1, 2018 through June 30, 2018 

6 

Professional Position/Title Department Hourly

Billing Rate

Total Billed

Hours

Total

Compensation

Michael A. Firestein Partner Litigation $759.00 0.70 $531.30 

Paul Possinger Partner BSGR & B $759.00 1.60 $1,214.40 

Elliot Stevens Associate BSGR & B $759.00 0.50 $379.50 

Mee R. Kim Associate Litigation $759.00 2.10 $1,593.90 

Steve Ma Associate BSGR & B $759.00 15.90 $12,068.10 

TOTAL 20.80 $15,787.20 

Paraprofessional Position/Title Department Hourly

Billing Rate

Total Billed

Hours

Total

Compensation

Natasha Petrov Legal Assistant Corporate $260.00 9.00 $2,340.00 

TOTAL 9.00 $2,340.00

SUMMARY OF LEGAL FEES Hours

29.80 

Fees 1-1 $18,127.20 - I 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 7 of 154
Summary of Disbursements for the Period June 1, 2018 through June 30, 2018

7

EXPENSE CATEGORY AMOUNTS

Reproduction $17.10

Total $17.10

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 8 of 154
8

Proskauer 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 $16,314.48, and reimbursement of one-hundred percent (100%) of 

expenses incurred, in the amount of $17.10, for service rendered outside of Puerto Rico) in the 

total amount of $16,331.58. 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 9 of 154
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, Proskauer Rose LLP 

does not have any debts owed to the Government of Puerto Rico or its instrumentalities. 

I further certify that, with respect to the fees and services rendered pursuant to this 

monthly fee statement, (i) Proskauer Rose LLP was not doing business in Puerto Rico and (ii) 

the services rendered by Proskauer Rose LLP were not performed in Puerto Rico. 

9 

Ann M. Ashton (pro hac vice) 

Proskauer Rose LLP 

1001 Pennsylvania A venue, NW 

Suite 600 South 

Washington, DC 20004-2533 

Tel: (202) 416-5825 

Fax: (202) 416-6899 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 10 of 154
Exhibit A

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 11 of 154
33260 FOMB

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER

Invoice 170159836

0010 PROMESA TITLE III: COFINA Page 1

Summary of Time Billed by Task Hours Value

202 Legal Research 0.10 $75.90

204 Communications with Claimholders 0.30 $227.70

207 Non-Board Court Filings 0.70 $531.30

210 Analysis and Strategy 1.30 $986.70

215 Plan of Adjustment and Disclosure Statement 15.90 $12,068.10

218 Employment and Fee Applications 11.50 $4,237.50

Total 29.80 $18,127.20

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 12 of 154
33260 FOMB

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER

Invoice 170159836

0010 PROMESA TITLE III: COFINA Page 2

Legal Research -- 202

Date Timekeeper Task Description Hours Amount

06/01/18 Elliot Stevens 202 Draft signature page of COFINA 

agreement for Deutsche Bank 

settlement at P. Possinger's direction.

0.10 $75.90

Legal Research 0.10 $75.90

Communications with Claimholders -- 204

Date Timekeeper Task Description Hours Amount

06/02/18 Paul Possinger 204 Review documents in connection with 

finalizing COFINA / Deutsche Bank 

settlement.

0.30 $227.70

Communications with Claimholders 0.30 $227.70

Non-Board Court Filings -- 207

Date Timekeeper Task Description Hours Amount

06/14/18 Michael A. Firestein 207 Review COFINA's urgent motion 

regarding procedures on SUT.

0.30 $227.70

06/22/18 Michael A. Firestein 207 Review COFINA agent reply on 

procedures for SUT.

0.20 $151.80

06/29/18 Michael A. Firestein 207 Review Court order on SUT issues. 0.20 $151.80

Non-Board Court Filings 0.70 $531.30

Analysis and Strategy -- 210

Date Timekeeper Task Description Hours Amount

06/01/18 Paul Possinger 210 Review Deutsche Bank settlement 

materials (0.90); E-mail summary to J. 

El Koury (0.40).

1.30 $986.70

Analysis and Strategy 1.30 $986.70

Plan of Adjustment and Disclosure Statement -- 215

Date Timekeeper Task Description Hours Amount

06/06/18 Steve MA 215 Draft plan of adjustment. 1.30 $986.70

06/11/18 Steve MA 215 Review materials, notes, and 

background information in connection 

with drafting plan of adjustment (1.30); 

Revise draft plan of adjustment (3.60).

4.90 $3,719.10

06/12/18 Steve MA 215 Revise draft COFINA plan of 

adjustment.

1.50 $1,138.50

06/13/18 Steve MA 215 Draft plan of adjustment. 1.10 $834.90

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 13 of 154
33260 FOMB

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER

Invoice 170159836

0010 PROMESA TITLE III: COFINA Page 3

Date Timekeeper Task Description Hours Amount

06/14/18 Steve MA 215 Draft plan of adjustment. 1.90 $1,442.10

06/20/18 Steve MA 215 Further revise draft plan of adjustment. 1.80 $1,366.20

06/25/18 Steve MA 215 Revise draft plan of adjustment. 1.10 $834.90

06/26/18 Steve MA 215 Draft plan of adjustment. 0.90 $683.10

06/27/18 Steve MA 215 Analyze issues regarding draft plan of 

adjustment.

0.60 $455.40

06/28/18 Steve MA 215 Finalize draft plan of adjustment (0.70); 

Send e-mail regarding same to internal 

Proskauer restructuring team with copy 

of draft (0.10).

0.80 $607.20

Plan of Adjustment and Disclosure Statement 15.90 $12,068.10

Employment and Fee Applications -- 218

Date Timekeeper Task Description Hours Amount

06/01/18 Mee R. Kim 218 Review draft invoice details for 

February monthly fee statement 

preparation.

0.70 $531.30

06/05/18 Mee R. Kim 218 Review February draft invoice review 

for monthly fee statement preparation 

(0.80); E-mail with A. Ashton regarding 

same (0.10); E-mail with Finance 

Department regarding same (0.10).

1.00 $759.00

06/06/18 Mee R. Kim 218 E-mails with Finance Department 

regarding February 2018 invoice 

details.

0.10 $75.90

06/06/18 Natasha Petrov 218 Begin drafting Proskauer third interim 

fee application.

1.10 $286.00

06/07/18 Mee R. Kim 218 Revise draft February 2018 monthly fee 

statement.

0.30 $227.70

06/15/18 Natasha Petrov 218 Continue drafting Proskauer third 

interim fee application.

1.90 $494.00

06/18/18 Elliot Stevens 218 Review and revise third interim fee 

application.

0.10 $75.90

06/19/18 Natasha Petrov 218 Continue drafting third interim fee 

application.

1.60 $416.00

06/20/18 Elliot Stevens 218 Revise COFINA third interim fee 

application.

0.20 $151.80

06/22/18 Natasha Petrov 218 Continue drafting Proskauer third 

interim fee application.

1.10 $286.00

06/28/18 Natasha Petrov 218 Continue drafting Proskauer third 

interim fee application.

3.30 $858.00

06/28/18 Elliot Stevens 218 Review and revise third interim fee 

application.

0.10 $75.90

Employment and Fee Applications 11.50 $4,237.50

Total for Professional Services $18,127.20

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 14 of 154
33260 FOMB

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER

Invoice 170159836

0010 PROMESA TITLE III: COFINA Page 4

Timekeeper Summary

Timekeeper Status Hours Rate Value

MICHAEL A. FIRESTEIN PARTNER 0.70 759.00 $531.30

PAUL POSSINGER PARTNER 1.60 759.00 $1,214.40

 Total for PARTNER 2.30 $1,745.70

ELLIOT STEVENS ASSOCIATE 0.50 759.00 $379.50

MEE R. KIM ASSOCIATE 2.10 759.00 $1,593.90

STEVE MA ASSOCIATE 15.90 759.00 $12,068.10

 Total for ASSOCIATE 18.50 $14,041.50

NATASHA PETROV LEGAL ASSISTANT 9.00 260.00 $2,340.00

 Total for LEGAL ASSISTANT 9.00 $2,340.00

Total 29.80 $18,127.20

For Charges and Disbursements

Date Timekeeper Type Description Amount

06/01/2018 Elliot Stevens REPRODUCTION REPRODUCTION $0.10

06/01/2018 Elliot Stevens REPRODUCTION REPRODUCTION $0.10

06/06/2018 Mee R. Kim REPRODUCTION REPRODUCTION $0.60

06/06/2018 Mee R. Kim REPRODUCTION REPRODUCTION $0.20

06/13/2018 Steve MA REPRODUCTION REPRODUCTION $6.40

06/13/2018 Steve MA REPRODUCTION REPRODUCTION $0.50

06/13/2018 Steve MA REPRODUCTION REPRODUCTION $9.20

Total for REPRODUCTION $17.10

Charges and Disbursements Summary

Type of Disbursements Amount

REPRODUCTION 17.10

Total Expenses $17.10

Total Amount for this Matter $18,144.30

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 15 of 154
UNITED STATES DISTRICT COURT

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

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

PROMESA

Title III

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”), et al.,

Debtor.

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

PROMESA

Title III

No. 17 BK 3284-LTS

COVER SHEET TO FIFTEENTH MONTHLY FEE APPLICATION OF PROSKAUER

ROSE LLP FOR COMPENSATION FOR FEES AND SERVICES RENDERED

OUTSIDE OF PUERTO RICO 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 (“COFINA”), FOR THE PERIOD 

JULY 1, 2018 THROUGH JULY 31, 2018

ALL FEES AND SERVICES IN THIS MONTHLY FEE STATEMENT 

WERE INCURRED OUTSIDE OF PUERTO RICO

 

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); and (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). (Title III case numbers are listed as Bankruptcy Case numbers due to software limitations).

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 16 of 154
2

Name of Applicant: Proskauer Rose LLP (“Proskauer”)

Authorized to Provide Professional Services 

to:

Financial Oversight and Management Board, 

as Representative for the Debtor Pursuant to

PROMESA Section 315(b)

Period for which compensation and 

reimbursement for fees and services outside of 

Puerto Rico is sought:

July 1, 2018 through July 31, 2018

Amount of compensation sought as actual, 

reasonable and necessary:

$48,115.30

Amount of expense reimbursement sought as 

actual, reasonable and necessary:

$149.08

Total Amount for this Invoice: $48,264.38

This is a: X monthly __ interim __ final application.

This is Proskauer’s fifteenth monthly fee application in these cases and is for fees and services 

rendered outside of Puerto Rico.

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 17 of 154
3 

Principal Certification

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

______________________________________ 

Jaime A. El Koury 

General Counsel to the Financial Oversight and 

Management Board for Puerto Rico 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 18 of 154
4

On September 4, 2018 sent to:

FOMB: Co-Counsel for AAFAF:

Financial Oversight and Management Board O’Melveny & Myers LLP,

40 Washington Square South Times Square Tower

Office 314A 7 Times Square

New York, NY 10012 New York, NY 10036

Attn: Professor Arthur J. Gonzalez Attn: John J. Rapisardi, Esq.

 FOMB Board Member Suzzanne Uhland, Esq.

 Diana M. Perez, Esq.

O’Neill & Borges LLC

250 Muñoz Rivera Ave., Suite 800 Marini Pietrantoni Muñiz LLC 

San Juan, PR 00918 MCS Plaza, Suite 500

Attn: Hermann D. Bauer, Esq. 255 Ponce de León Ave

San Juan, PR 00917

Attn: Luis C. Marini-Biaggi, Esq. 

Office of United States Trustee Carolina Velaz-Rivero, Esq.

Office of the United States Trustee for the District of 

Puerto Rico

Edificio Ochoa, 500 Tanca Street, Suite 301 Co-Counsel for the Official Committee of Retirees:

San Juan, PR 00901 Jenner & Block LLP

(In re: Commonwealth of Puerto Rico) 919 Third Avenue

New York, NY 10022-3908

Office of the United States Trustee for Region 21 Attn.: Robert Gordon, Esq.

75 Spring Street, SW, Room 362 Richard Levin, Esq.

Atlanta, GA 30303

Attn: Guy G. Gebhardt Jenner & Block LLP

 Acting United States Trustee (Region 21) 353 N. Clark Street

(In re: Commonwealth of Puerto Rico) Chicago, IL 60654

Attn.: Catherine Steege, Esq.

 Melissa Root, Esq.

Co-Counsel for the Official Committee of Unsecured 

Creditors:

Paul Hastings LLP Bennazar, García & Milián, C.S.P.

200 Park Avenue Edificio Union Plaza, PH-A 

New York, NY 10166 416 Avenida Ponce de León

Attn: Luc. A. Despins, Esq. Hato Rey, PR 00918

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

Casillas, Santiago & Torres, LLC 

El Caribe Office Building 

53 Palmeras Street, Ste. 1601 Puerto Rico Department of Treasury 

San Juan, Puerto Rico 00901-2419 PO Box 9024140

Attn: Juan J. Casillas Ayala, Esq. San Juan, PR 00902-4140

 Alberto J. E. Añeses Negrón, Esq. Attn: Reylam Guerra Goderich, Deputy Assistant of 

 Central Accounting

 Omar E. Rodríguez Pérez, CPA, Assistant

Co-Counsel for the Fee Examiner Secretary of Central Accounting

Godfrey & Kahn S.C. Angel L. Pantoja Rodríguez, Deputy Assistant of

One East Main Street, Suite 500 Internal Revenue and Tax Policy

Madison, WI 53703 Francisco Parés Alicea, Assistant Secretary of

Attn: Katherine Stadler Internal Revenue and Tax Policy

 Francisco Peña Montañez, CPA, Assistant 

EDGE Legal Strategies, PSC Secretary of the Treasury

252 Ponce de León Avenue

Citibank Tower, 12th Floor

San Juan, PR 00918

Attn: Eyck O. Lugo

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 19 of 154
Summary of Legal Fees for the Period July 1, 2018 through July 31, 2018

5

COFINA - GENERAL

Task 

Code Matter Description Total BilledHours

Total Fees

Requested

204 Communications with Claimholders 0.50 $379.50

210 Analysis and Strategy 0.30 $227.70

215 Plan of Adjustment and Disclosure 

Statement 40.10 $30,435.90

216 Confirmation 10.20 $7,741.80

218 Employment and Fee Applications 18.00 $6,825.70

Total 69.10 $45,610.60

COFINA - BNYM

Task 

Code Matter Description Total BilledHours

Total Fees

Requested

207 Non-Board Court Filings 3.30 $2,504.70

Total 3.30 $2,504.70

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 20 of 154
Summary of Legal Fees for the Period July 1, 2018 through July 31, 2018

6

Professional Position/Title Department Hourly

Billing Rate

Total Billed

Hours

Total

Compensation

Brian S. Rosen Partner BSGR & B $759.00 6.80 $5,161.20

Ehud Barak Partner BSGR & B $759.00 2.50 $1,897.50

Paul Possinger Partner BSGR & B $759.00 0.50 $379.50

Daniel Desatnik Associate BSGR & B $759.00 1.10 $834.90

Elliot Stevens Associate BSGR & B $759.00 0.30 $227.70

Jeramy Webb Associate BSGR & B $759.00 0.80 $607.20

Maja Zerjal Associate BSGR & B $759.00 8.30 $6,299.70

Mee R. Kim Associate Litigation $759.00 3.20 $2,428.80

Steve Ma Associate BSGR & B $759.00 35.20 $26,716.80

TOTAL 58.70 $44,553.30

Paraprofessional Position/Title Department Hourly

Billing Rate

Total Billed

Hours

Total

Compensation

Christopher M. Tarrant Legal Assistant Corporate $260.00 6.60 $1,716.00

Magali Giddens Legal Assistant BSGR & B $260.00 3.80 $988.00

Natasha Petrov Legal Assistant Corporate $260.00 3.30 $858.00

TOTAL 13.70 $3,562.00

SUMMARY OF LEGAL FEES Hours

72.40

Fees

$48,115.30

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 21 of 154
Summary of Disbursements for the Period July 1, 2018 through July 31, 2018

7

EXPENSE CATEGORY AMOUNTS

Litigation Support/Docketing $146.38 

Reproduction $2.70 

Total $149.08

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 22 of 154
8

Proskauer 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 $43,303.77, and reimbursement of one-hundred percent (100%) of 

expenses incurred, in the amount of $149.08, for service rendered outside of Puerto Rico) in the 

total amount of $43,452.85. 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 23 of 154
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, Proskauer Rose LLP

does not have any debts owed to the Government of Puerto Rico or its instrumentalities.

I further certify that, with respect to the fees and services rendered pursuant to this

monthly fee statement, (i) Proskauer Rose LLP was not doing business in Puerto Rico and (ii)

the services rendered by Proskauer Rose LLP were not performed in Puerto Rico.

Ann M. Ashton (pro hac vice)

Proskauer Rose LLP

1001 Pennsylvania Avenue, NW

Suite 600 South

Washington, DC 20004-2533

Tel: (202) 416-5825

Fax: (202) 416-6899

9

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 24 of 154
Exhibit A

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 25 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170163818 

0010 PROMESA TITLE III: COFINA Page 1 

Summary of Time Billed by Task Hours Value

204 Communications with Claimholders 0.50 $379.50 

210 Analysis and Strategy 0.30 $227.70 

215 Plan of Adjustment and Disclosure Statement 40.10 $30,435.90 

216 Confirmation 10.20 $7,741.80 

218 Employment and Fee Applications 18.00 $6,825.70 

Total 69.10 $45,610.60

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 26 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170163818 

0010 PROMESA TITLE III: COFINA Page 2 

Communications with Claimholders -- 204

Date Timekeeper Task Description Hours Amount

07/06/18 Ehud Barak 204 Call with UCC Committee counsel 

regarding SUT motion. 

0.30 $227.70 

07/16/18 Paul Possinger 204 [REDACTED: Work relating to courtordered mediation]. 0.20 $151.80 

Communications with Claimholders 0.50 $379.50

Analysis and Strategy -- 210

Date Timekeeper Task Description Hours Amount

07/17/18 Steve MA 210 Call with M. Zerjal regarding review of 

COFINA bond resolutions. 

0.30 $227.70 

Analysis and Strategy 0.30 $227.70

Plan of Adjustment and Disclosure Statement -- 215

Date Timekeeper Task Description Hours Amount

07/13/18 Steve MA 215 Discussion with M. Zerjal preparation 

of disclosure statement (0.10); Review 

documents in connection with same 

(0.10); Draft disclosure statement 

(1.90). 

2.10 $1,593.90 

07/16/18 Steve MA 215 Discussion with E. Barak regarding 

next steps regarding COFINA plan 

confirmation, solicitation, and 

disclosure statement. 

0.10 $75.90 

07/17/18 Steve MA 215 Review e-mail from Prime Clerk and email Proskauer team regarding 

discussion of solicitation and voting 

issues (0.10); Conduct research 

regarding COFINA bondholder suits in 

connection with disclosure statements 

(0.70); Draft summary of cases for B. 

Rosen (0.10); Review COFINA plan 

confirmation timeline (0.10); Review 

and analyze COFINA bond resolutions 

for disclosure statement (3.20); Draft 

summary of review and analysis of 

same for E. Barak, B. Rosen, and M. 

Zerjal (0.60). 

4.80 $3,643.20 

07/18/18 Steve MA 215 [REDACTED: Work relating to courtordered mediation]. 0.10 $75.90 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 27 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170163818 

0010 PROMESA TITLE III: COFINA Page 3 

Date Timekeeper Task Description Hours Amount

07/20/18 Steve MA 215 Review and summarize COFINA 

insurance policies for disclosure 

statement (0.60); Respond to e-mail 

from M. Zerjal regarding same (0.10); 

Review e-mail from M. Zerjal regarding 

same (0.10); Review e-mails regarding 

additional relevant documents (0.10). 

0.90 $683.10 

07/21/18 Steve MA 215 Review e-mails regarding COFINA 

bond insurance policies. 

0.10 $75.90 

07/21/18 Paul Possinger 215 E-mails with M. Zerjal regarding voting 

rights issues for plan of adjustment. 

0.30 $227.70 

07/22/18 Steve MA 215 Review and respond to e-mails 

regarding COFINA disclosure statement 

(0.10); Review GDB solicitation 

materials in connection with COFINA 

disclosure statement (0.10). 

0.20 $151.80 

07/22/18 Brian S. Rosen 215 Memorandum to M. Zerjal regarding 

COFINA disclosure statement. 

0.10 $75.90 

07/23/18 Maja Zerjal 215 Review materials regarding COFINA 

disclosure statement (3.30); Meet with 

S. Uhland, B. Rosen and S. Ma 

regarding same (1.30); Revise 

disclosure statement outline (0.80); 

Discuss same with S. Ma (0.40); 

Review open items regarding same 

(0.80); Review relevant documents 

(0.40); Follow-up discussion with 

corporate team (0.30). 

7.30 $5,540.70 

07/23/18 Steve MA 215 Participate in phone meeting with 

O'Melveny, B. Rosen, and M. Zerjal 

regarding COFINA disclosure statement 

(1.30); Draft disclosure statement task 

list (1.90); Review COFINA 

confirmation calendar and next steps 

(0.30); Discussion with M. Zerjal next 

steps for preparation of COFINA 

disclosure statement and additional 

research issues (0.40); Review notes on 

COFINA disclosure statement (0.10); 

Draft disclosure statement (0.20). 

4.20 $3,187.80 

07/24/18 Maja Zerjal 215 Review and draft letters to creditors in 

connection with COFINA plan (0.40); 

Revise notes and outline for COFINA 

disclosure statement (0.60). 

1.00 $759.00 

07/24/18 Steve MA 215 Review COFINA disclosure statement 

task list (0.10); Research COFINA bond 

issues for disclosure statement (0.60); 

E-mails with M. Zerjal regarding same 

(0.10). 

0.80 $607.20 

07/25/18 Steve MA 215 Discussion with J. Webb issues 

regarding COFINA disclosure statement 

(0.10); Discussion with M. Zerjal next 

steps regarding research issues for 

COFINA plan (0.20). 

0.30 $227.70 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 28 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170163818 

0010 PROMESA TITLE III: COFINA Page 4 

Date Timekeeper Task Description Hours Amount

07/26/18 Steve MA 215 Summarize COFINA bond resolutions 

for disclosure statement (2.10); E-mail 

summary of same to B. Rosen and M. 

Zerjal (0.10). 

2.20 $1,669.80 

07/27/18 Brian S. Rosen 215 Meeting with Citi regarding COFINA 

plan structure (1.10); Memorandum to 

D. Brownstein regarding plan structure 

issues (0.20); Revise terms for same 

(2.90). 

4.20 $3,187.80 

07/28/18 Brian S. Rosen 215 Review creditor memorandum 

regarding plan issues (0.10); Review M. 

Bienenstock memorandum regarding 

same (0.10); Meet with M. Bienenstock 

regarding same (0.80); Conference call 

with D. Brownstein, et al., regarding 

same (0.30); Teleconference with T. 

Green regarding same (0.20); 

Memorandum to creditor regarding 

same (0.50). 

2.00 $1,518.00 

07/29/18 Brian S. Rosen 215 Memorandum to S. Uhland, et al., 

regarding plan structure issues. 

0.20 $151.80 

07/29/18 Steve MA 215 Review e-mail from M. Zerjal regarding 

COFINA plan confirmation research. 

0.10 $75.90 

07/30/18 Steve MA 215 Finalize research and summary on plan 

issues (0.70); Review materials to 

prepare COFINA disclosure statement 

(1.20); Draft COFINA disclosure 

statement (1.60). 

3.50 $2,656.50 

07/31/18 Steve MA 215 [REDACTED: Work relating to courtordered mediation] (0.50); Draft 

COFINA disclosure statement (4.70); 

Discuss coordination of preparation of 

same with E. Barak (0.10). 

5.30 $4,022.70 

07/31/18 Brian S. Rosen 215 Review memorandum regarding certain 

plan structure issues. 

0.30 $227.70 

Plan of Adjustment and Disclosure Statement 40.10 $30,435.90

Confirmation -- 216

Date Timekeeper Task Description Hours Amount

07/25/18 Steve MA 216 Research COFINA confirmation issues. 3.60 $2,732.40 

07/26/18 Steve MA 216 Conduct research regarding plan 

confirmation. 

2.30 $1,745.70 

07/27/18 Steve MA 216 Conduct research regarding plan 

confirmation (3.60); Draft summary of 

research for M. Zerjal (0.70). 

4.30 $3,263.70 

Confirmation 10.20 $7,741.80

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 29 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170163818 

0010 PROMESA TITLE III: COFINA Page 5 

Employment and Fee Applications -- 218

Date Timekeeper Task Description Hours Amount

07/02/18 Mee R. Kim 218 Finalize April 2018 monthly fee 

statement (0.40); Discussions with 

Finance Department regarding same 

(0.10). 

0.50 $379.50 

07/03/18 Mee R. Kim 218 Draft final April 2018 monthly fee 

statement for submission (0.20); Draft 

sworn declaration regarding same 

(0.20); Submit April 2018 monthly fee 

statement and sworn declaration (0.10). 

0.50 $379.50 

07/06/18 Christopher M. 

Tarrant 

218 Continue drafting sections of third 

interim fee application. 

1.20 $312.00 

07/10/18 Magali Giddens 218 Redact monthly fee statement mediation 

entries in connection with third interim 

fee application. 

0.90 $234.00 

07/11/18 Christopher M. 

Tarrant 

218 Continue drafting and revising third 

interim fee application including 

updating all exhibits (2.30); E-mails 

with Finance Department regarding 

same (0.30); E-mails with E. Stevens 

and M. Giddens regarding same (0.20); 

Draft summary of motion regarding 

third interim fee application (0.70). 

3.50 $910.00 

07/11/18 Magali Giddens 218 Review invoices in connection with 

third interim period fee applications to 

redact entries relating to mediation. 

0.60 $156.00 

07/13/18 Magali Giddens 218 Review third interim fee application. 0.50 $130.00 

07/13/18 Elliot Stevens 218 Review and revise third interim fee 

application. 

0.30 $227.70 

07/16/18 Jeramy Webb 218 Review and revise third interim fee 

application. 

0.80 $607.20 

07/16/18 Magali Giddens 218 Draft portion of Proskauer's third 

interim fee application. 

1.80 $468.00 

07/16/18 Christopher M. 

Tarrant 

218 Finalize interim fee application 

including all exhibits and charts (0.90); 

Finalize summary of motion regarding 

third interim fee applications (0.30); Emails and phone calls with Proskauer 

team regarding same (0.20); Finalize all 

related invoices for filing with third 

interim fee application (0.20); Meetings 

with M. Giddens regarding same (0.10); 

Telephone calls and e-mails with local 

counsel regarding filing and serving of 

third interim fee applications (0.20). 

1.90 $494.00 

07/19/18 Mee R. Kim 218 Review draft June 2018 invoice for 

monthly fee statement preparation 

(0.80); Discussions with Finance 

Department regarding same (0.20). 

1.00 $759.00 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 30 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170163818 

0010 PROMESA TITLE III: COFINA Page 6 

Date Timekeeper Task Description Hours Amount

07/20/18 Mee R. Kim 218 Draft June 2018 monthly fee statements 

(0.70); Discussions with Finance 

Department regarding same (0.10); 

Finalize and submit same (0.10); Draft 

sworn declaration relating to same 

(0.30). 

1.20 $910.80 

07/26/18 Natasha Petrov 218 Begin drafting Proskauer fourth interim 

fee application utilizing data from June 

2018 monthly statement. 

1.40 $364.00 

07/27/18 Natasha Petrov 218 Draft exhibits to Proskauer fourth 

interim fee application utilizing data 

from June 2018 monthly statement 

(0.80); Continue drafting fourth interim 

fee application (1.10). 

1.90 $494.00 

Employment and Fee Applications 18.00 $6,825.70

Total for Professional Services $45,610.60

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 31 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170163818 

0010 PROMESA TITLE III: COFINA Page 7 

Timekeeper Summary

Timekeeper Status Hours Rate Value

BRIAN S. ROSEN PARTNER 6.80 759.00 $5,161.20 

EHUD BARAK PARTNER 0.30 759.00 $227.70 

PAUL POSSINGER PARTNER 0.50 759.00 $379.50 

 Total for PARTNER 7.60 $5,768.40

ELLIOT STEVENS ASSOCIATE 0.30 759.00 $227.70 

JERAMY WEBB ASSOCIATE 0.80 759.00 $607.20 

MAJA ZERJAL ASSOCIATE 8.30 759.00 $6,299.70 

MEE R. KIM ASSOCIATE 3.20 759.00 $2,428.80 

STEVE MA ASSOCIATE 35.20 759.00 $26,716.80 

 Total for ASSOCIATE 47.80 $36,280.20

CHRISTOPHER M. TARRANT LEGAL ASSISTANT 6.60 260.00 $1,716.00 

MAGALI GIDDENS LEGAL ASSISTANT 3.80 260.00 $988.00 

NATASHA PETROV LEGAL ASSISTANT 3.30 260.00 $858.00 

 Total for LEGAL ASSISTANT 13.70 $3,562.00

Total 69.10 $45,610.60

For Charges and Disbursements

Date Timekeeper Type Description Amount

07/27/2018 Bradley Robertson REPRODUCTION REPRODUCTION $0.20 

07/31/2018 Mar Thet REPRODUCTION REPRODUCTION $2.50 

Total for REPRODUCTION $2.70

Date Timekeeper Type Description Amount

07/19/2018 Daniel S. 

Goldsmith 

LITIGATION 

SUPPORT/DOCKETI

NG 

LITIGATION 

SUPPORT/DOCKETING - - 

VENDOR: PACERPRO, INC. 

PACERPRO - INV 

#PROSKAUER0003 - PACERPRO 

BASIC (06/01/2018 - 05/31/2019). 

(Total: $10,800.00 prorated among 

all debtors) 

$146.38 

Total for LITIGATION 

SUPPORT/DOCKETING $146.38

Charges and Disbursements Summary

Type of Disbursements Amount

REPRODUCTION 2.70 

LITIGATION SUPPORT/DOCKETING 146.38 

Total Expenses $149.08

Total Amount for this Matter $45,759.68

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 32 of 154
33260 FOMB

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER

Invoice 170163812

0042 COFINA TITLE III - BNYM Page 1

Summary of Time Billed by Task Hours Value

207 Non-Board Court Filings 3.30 $2,504.70

Total 3.30 $2,504.70

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 33 of 154
33260 FOMB

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER

Invoice 170163812

0042 COFINA TITLE III - BNYM Page 2

Non-Board Court Filings -- 207

Date Timekeeper Task Description Hours Amount

07/06/18 Ehud Barak 207 Review Commonwealth agent's order

regarding SUT escrow motion (0.90): 

Review COFINA resolution (0.60); 

Review internal correspondence 

regarding same (0.30); Meet with D. 

Desatnik regarding SUT motion (0.40).

2.20 $1,669.80

07/06/18 Daniel Desatnik 207 Review COFINA BNY SUT stipulation 

(0.40); Discuss same with E. Barak 

(0.40); Call with A. Bongartz to discuss 

same (0.30).

1.10 $834.90

Non-Board Court Filings 3.30 $2,504.70

Total for Professional Services $2,504.70

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 34 of 154
33260 FOMB

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER

Invoice 170163812

0042 COFINA TITLE III - BNYM Page 3

Timekeeper Summary

Timekeeper Status Hours Rate Value

EHUD BARAK PARTNER 2.20 759.00 $1,669.80

 Total for PARTNER 2.20 $1,669.80

DANIEL DESATNIK ASSOCIATE 1.10 759.00 $834.90

 Total for ASSOCIATE 1.10 $834.90

Total 3.30 $2,504.70

Total Amount for this Matter $2,504.70

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 35 of 154
UNITED STATES DISTRICT COURT

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

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

PROMESA

Title III

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”), et al., 

Debtor. 

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

PROMESA

Title III

No. 17 BK 3284-LTS

COVER SHEET TO SIXTEENTH MONTHLY FEE APPLICATION OF PROSKAUER

ROSE LLP FOR COMPENSATION FOR FEES AND SERVICES RENDERED

OUTSIDE OF PUERTO RICO 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 (“COFINA”), FOR THE PERIOD 

AUGUST 1, 2018 THROUGH AUGUST 31, 2018 

ALL FEES AND SERVICES IN THIS MONTHLY FEE STATEMENT 

WERE INCURRED OUTSIDE OF PUERTO RICO

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); and (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). (Title III case numbers are listed as Bankruptcy Case numbers due to software limitations).

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 36 of 154
2 

Name of Applicant: Proskauer Rose LLP (“Proskauer”)

Authorized to Provide Professional Services 

to: 

Financial Oversight and Management Board, 

as Representative for the Debtor Pursuant to 

PROMESA Section 315(b) 

Period for which compensation and 

reimbursement for fees and services outside of 

Puerto Rico is sought: 

August 1, 2018 through August 31, 2018

Amount of compensation sought as actual, 

reasonable and necessary:

$490,549.00

Amount of expense reimbursement sought as 

actual, reasonable and necessary:

$8,620.11

Total Amount for this Invoice: $499,169.11

This is a: X monthly __ interim __ final application. 

This is Proskauer’s sixteenth monthly fee application in these cases and is for fees and services 

rendered outside of Puerto Rico. 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 37 of 154
3 

Principal Certification

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

______________________________________ 

Jaime A. El Koury 

General Counsel to the Financial Oversight and 

Management Board for Puerto Rico 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 38 of 154
4 

On September 24, 2018 sent to: 

FOMB: Co-Counsel for AAFAF: 

Financial Oversight and Management Board O’Melveny & Myers LLP,

40 Washington Square South Times Square Tower

Office 314A 7 Times Square

New York, NY 10012 New York, NY 10036

Attn: Professor Arthur J. Gonzalez Attn: John J. Rapisardi, Esq.

 FOMB Board Member Suzzanne Uhland, Esq. 

 Diana M. Perez, Esq.

O’Neill & Borges LLC 

250 Muñoz Rivera Ave., Suite 800 Marini Pietrantoni Muñiz LLC 

San Juan, PR 00918 MCS Plaza, Suite 500 

Attn: Hermann D. Bauer, Esq. 255 Ponce de León Ave 

San Juan, PR 00917 

Attn: Luis C. Marini-Biaggi, Esq. 

Office of United States Trustee Carolina Velaz-Rivero, Esq. 

Office of the United States Trustee for the District of 

Puerto Rico 

Edificio Ochoa, 500 Tanca Street, Suite 301 Co-Counsel for the Official Committee of Retirees:

San Juan, PR 00901 Jenner & Block LLP 

(In re: Commonwealth of Puerto Rico) 919 Third Avenue 

 New York, NY 10022-3908 

Office of the United States Trustee for Region 21 Attn.: Robert Gordon, Esq. 

75 Spring Street, SW, Room 362 Richard Levin, Esq. 

Atlanta, GA 30303 

Attn: Guy G. Gebhardt Jenner & Block LLP 

 Acting United States Trustee (Region 21) 353 N. Clark Street 

(In re: Commonwealth of Puerto Rico) Chicago, IL 60654 

Attn.: Catherine Steege, Esq. 

 Melissa Root, Esq. 

Co-Counsel for the Official Committee of Unsecured 

Creditors:

Paul Hastings LLP Bennazar, García & Milián, C.S.P. 

200 Park Avenue Edificio Union Plaza, PH-A 

New York, NY 10166 416 Avenida Ponce de León 

Attn: Luc. A. Despins, Esq. Hato Rey, PR 00918 

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

Casillas, Santiago & Torres, LLC 

El Caribe Office Building 

53 Palmeras Street, Ste. 1601 Puerto Rico Department of Treasury 

San Juan, Puerto Rico 00901-2419 PO Box 9024140 

Attn: Juan J. Casillas Ayala, Esq. San Juan, PR 00902-4140 

 Alberto J. E. Añeses Negrón, Esq. Attn: Reylam Guerra Goderich, Deputy Assistant of 

 Central Accounting 

 Omar E. Rodríguez Pérez, CPA, Assistant 

Co-Counsel for the Fee Examiner Secretary of Central Accounting 

Godfrey & Kahn S.C. Angel L. Pantoja Rodríguez, Deputy Assistant of 

One East Main Street, Suite 500 Internal Revenue and Tax Policy 

Madison, WI 53703 Francisco Parés Alicea, Assistant Secretary of 

Attn: Katherine Stadler Internal Revenue and Tax Policy 

 Francisco Peña Montañez, CPA, Assistant 

EDGE Legal Strategies, PSC Secretary of the Treasury 

252 Ponce de León Avenue 

Citibank Tower, 12th Floor 

San Juan, PR 00918 

Attn: Eyck O. Lugo 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 39 of 154
Summary of Legal Fees for the Period August 1, 2018 through August 31, 2018

5

COFINA - GENERAL

Task 

Code Matter Description Total BilledHours

Total Fees

Requested

201 Tasks relating to the Board, its Members, 

its Staff, its Advisors or its Consultants 0.10 $75.90

202 Legal Research 6.30 $4,781.70

204 Communications with Claimholders 251.50 $187,245.80

205

Communications with the Commonwealth 

and its Representatives of the 

Commonwealth or its Instrumentalities

0.10 $75.90

207 Non-Board Court Filings 1.10 $834.90

210 Analysis and Strategy 4.20 $3,187.80

211 Non-Working Travel Time 10.20 $7,741.80

215 Plan of Adjustment and Disclosure 

Statement 366.00 $273,702.20

217 Tax 17.00 $12,903.00

Total 656.50 $490,549.00

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 40 of 154
Summary of Legal Fees for the Period August 1, 2018 through August 31, 2018

6

Professional Position/Title Department Hourly

Billing Rate

Total Billed

Hours

Total

Compensation

Brian S. Rosen Partner BSGR & B $759.00 334.90 $254,189.10 

Ehud Barak Partner BSGR & B $759.00 3.50 $2,656.50 

James P. Gerkis Partner Corporate $759.00 21.30 $16,166.70 

Jeffrey W. Levitan Partner BSGR & B $759.00 6.30 $4,781.70 

Jonathan E. Richman Partner Litigation $759.00 0.20 $151.80 

Martin J. Bienenstock Partner BSGR & B $759.00 1.20 $910.80 

Martin T. Hamilton Partner Tax $759.00 16.10 $12,219.90 

Michael A. Firestein Partner Litigation $759.00 0.30 $227.70 

Paul Possinger Partner BSGR & B $759.00 4.50 $3,415.50 

Ralph C. Ferrara Partner Litigation $759.00 2.00 $1,518.00 

Richard M. Corn Partner Tax $759.00 12.00 $9,108.00 

Stephen L. Ratner Partner Litigation $759.00 0.70 $531.30 

Timothy W. Mungovan Partner Litigation $759.00 0.40 $303.60 

Daniel L. Forman Senior Counsel Corporate $759.00 7.30 $5,540.70 

Christopher M. Hayes Associate Corporate $759.00 6.20 $4,705.80 

Daniel Desatnik Associate BSGR & B $759.00 0.70 $531.30 

David Simon Associate Corporate $759.00 50.60 $38,405.40 

Elliot Stevens Associate BSGR & B $759.00 8.90 $6,755.10 

Maja Zerjal Associate BSGR & B $759.00 1.60 $1,214.40 

Mee R. Kim Associate Litigation $759.00 3.20 $2,428.80 

Nicholas Pellegrino Associate Corporate $759.00 1.90 $1,442.10 

Steve Ma Associate BSGR & B $759.00 83.40 $63,300.60 

Yomarie Habenicht Associate Tax $759.00 73.80 $56,014.20 

TOTAL 641.00 $486,519.00

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 41 of 154
Summary of Legal Fees for the Period August 1, 2018 through August 31, 2018 

7 

Paraprofessional Position/Title Department Hourly

Billing Rate

Total Billed

Hours

Total

Compensation

Christopher M. Tarrant Legal Assistant Corporate $260.00 7.30 $1,898.00 

Natasha Petrov Legal Assistant Corporate $260.00 8.20 $2,132.00 

TOTAL 15.50 $4,030.00

SUMMARY OF LEGAL FEES Hours

656.50 

Fees 1-1 $490,549.00 - I 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 42 of 154
Summary of Disbursements for the Period August 1, 2018 through August 31, 2018

8

EXPENSE CATEGORY AMOUNTS

Airplane $608.40

Meals $432.03

Lexis $4,729.00

Lodging $1,386.40

Out Of Town Meals $76.70

Out Of Town Transportation $159.88

Reproduction $870.70

Westlaw $357.00

Total $8,620.11

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 43 of 154
9

Proskauer 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 $441,494.10, and reimbursement of one-hundred percent (100%) of 

expenses incurred, in the amount of $8,620.11, for service rendered outside of Puerto Rico) in the 

total amount of $450,114.21. 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 44 of 154
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, Proskauer Rose LLP does not have any debts owed to 

the Government of Puerto Rico or its instrumentalities. 

I further certify that, with respect to the fees and services rendered pursuant to this monthly 

fee statement, (i) Proskauer Rose LLP was not doing business in Puerto Rico and (ii) the services 

rendered by Proskauer Rose LLP were not performed in Puerto Rico. 

10 

Ann M. Ashton (pro hac vice) 

Proskauer Rose LLP 

1001 Pennsylvania A venue, NW 

Suite 600 South 

Washington, DC 20004-2533 

Tel: (202) 416-5825 

Fax: (202) 416-6899 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 45 of 154
Exhibit A

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 46 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170166980 

0010 PROMESA TITLE III: COFINA Page 1 

Summary of Time Billed by Task Hours Value

201 Tasks relating to the Board and Associated Members 0.10 $75.90 

202 Legal Research 6.30 $4,781.70 

204 Communications with Claimholders 251.50 $187,245.80 

205 Communications with the Commonwealth and its Representatives 0.10 $75.90 

207 Non-Board Court Filings 1.10 $834.90 

210 Analysis and Strategy 4.20 $3,187.80 

211 Non-Working Travel Time 10.20 $7,741.80 

215 Plan of Adjustment and Disclosure Statement 366.00 $273,702.20 

217 Tax 17.00 $12,903.00 

Total 656.50 $490,549.00

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 47 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170166980 

0010 PROMESA TITLE III: COFINA Page 2 

Tasks relating to the Board and Associated Members -- 201

Date Timekeeper Task Description Hours Amount

08/05/18 Brian S. Rosen 201 [REDACTED: Work relating to courtordered mediation]. 0.10 $75.90 

Tasks relating to the Board and Associated Members 0.10 $75.90

Legal Research -- 202

Date Timekeeper Task Description Hours Amount

08/22/18 Elliot Stevens 202 Research relating to termination of 

swap agreements. 

0.80 $607.20 

08/23/18 Elliot Stevens 202 Review COFINA swap contracts (2.40); 

Research regarding swap contracts in 

bankruptcy (1.60); E-mail analysis of 

same to P. Possinger and B. Rosen 

(0.80). 

4.80 $3,643.20 

08/30/18 Elliot Stevens 202 Research litigation relating to Lex 

Claims matter for B. Rosen for 

COFINA settlement. 

0.70 $531.30 

Legal Research 6.30 $4,781.70

Communications with Claimholders -- 204

Date Timekeeper Task Description Hours Amount

08/01/18 Brian S. Rosen 204 [REDACTED: Work relating to courtordered mediation] (0.40); 

[REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.70); 

[REDACTED: Work relating to courtordered mediation] (1.10); 

[REDACTED: Work relating to courtordered mediation] (9.80); 

[REDACTED: Work relating to courtordered mediation] (0.90). 

13.00 $9,867.00 

08/01/18 Elliot Stevens 204 [REDACTED: Work relating to courtordered mediation] (0.10); Review 

research relating to monoline issues 

(0.10): E-mail same to D. Desatnik and 

M. Zerjal (0.20). 

0.40 $303.60 

08/01/18 Steve MA 204 [REDACTED: Work relating to courtordered mediation] (1.90); 

[REDACTED: Work relating to courtordered mediation] (0.30). 

2.20 $1,669.80 

08/01/18 Ehud Barak 204 [REDACTED: Work relating to courtordered mediation]. 3.50 $2,656.50 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 48 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170166980 

0010 PROMESA TITLE III: COFINA Page 3 

Date Timekeeper Task Description Hours Amount

08/02/18 Brian S. Rosen 204 [REDACTED: Work relating to courtordered mediation] (11.10); 

[REDACTED: Work relating to courtordered mediation] (1.10); 

[REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.10) 

Memorandum to G. Morgan regarding 

call (0.10). 

12.50 $9,487.50 

08/03/18 Brian S. Rosen 204 [REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.40); 

Teleconference with S. Ma regarding 

make whole memorandum (0.20); 

[REDACTED: Work relating to courtordered mediation] (0.30); 

[REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.20); 

[REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.70); 

[REDACTED: Work relating to courtordered mediation] (0.30); 

[REDACTED: Work relating to courtordered mediation] (1.40). 

4.20 $3,187.80 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 49 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170166980 

0010 PROMESA TITLE III: COFINA Page 4 

Date Timekeeper Task Description Hours Amount

08/04/18 Brian S. Rosen 204 [REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.20); 

[REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.70); 

[REDACTED: Work relating to courtordered mediation] (0.80); 

[REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (1.60). 

4.00 $3,036.00 

08/05/18 Brian S. Rosen 204 [REDACTED: Work relating to courtordered mediation] (0.30); 

[REDACTED: Work relating to courtordered mediation] (0.30); 

[REDACTED: Work relating to courtordered mediation] (1.10); 

[REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.10). 

1.90 $1,442.10 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 50 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170166980 

0010 PROMESA TITLE III: COFINA Page 5 

Date Timekeeper Task Description Hours Amount

08/06/18 Brian S. Rosen 204 [REDACTED: Work relating to courtordered mediation] (5.60); 

[REDACTED: Work relating to courtordered mediation] (0.40); 

[REDACTED: Work relating to courtordered mediation] (2.30); 

[REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.30); 

[REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (1.00); 

[REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.20); 

[REDACTED: Work relating to courtordered mediation] (0.20); 

[REDACTED: Work relating to courtordered mediation] (0.80). 

11.40 $8,652.60 

08/07/18 Brian S. Rosen 204 [REDACTED: Work relating to courtordered mediation] (0.30); 

[REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.30); 

[REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.30); 

[REDACTED: Work relating to courtordered mediation] (0.80); 

[REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (14.10). 

16.10 $12,219.90 

08/07/18 Paul Possinger 204 [REDACTED: Work relating to courtordered mediation]. 0.50 $379.50 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 51 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170166980 

0010 PROMESA TITLE III: COFINA Page 6 

Date Timekeeper Task Description Hours Amount

08/08/18 Brian S. Rosen 204 [REDACTED: Work relating to courtordered mediation] (2.80); 

[REDACTED: Work relating to courtordered mediation] (1.10); 

[REDACTED: Work relating to courtordered mediation] (0.50); 

[REDACTED: Work relating to courtordered mediation] (0.40); 

Memorandum to K. Rifkind regarding 

release (0.10); Memorandum to J. 

Gavin regarding press release (0.10); 

Memorandum to A. Miller regarding 

same (0.10); [REDACTED: Work 

relating to court-ordered mediation] 

(0.10); [REDACTED: Work relating to 

court-ordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.20); 

[REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.40); 

Memorandum to E. Stevens regarding 

litigation issues (0.10). 

6.80 $5,161.20 

08/09/18 Brian S. Rosen 204 [REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.40); 

[REDACTED: Work relating to courtordered mediation] (0.20). 

0.70 $531.30 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 52 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170166980 

0010 PROMESA TITLE III: COFINA Page 7 

Date Timekeeper Task Description Hours Amount

08/10/18 Brian S. Rosen 204 [REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.40). 

0.90 $683.10 

08/11/18 Brian S. Rosen 204 [REDACTED: Work relating to courtordered mediation] (0.80); 

[REDACTED: Work relating to courtordered mediation] (0.70). 

1.50 $1,138.50 

08/12/18 Brian S. Rosen 204 [REDACTED: Work relating to courtordered mediation]. 0.30 $227.70 

08/13/18 Brian S. Rosen 204 [REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.30); 

[REDACTED: Work relating to courtordered mediation] (0.10). 

0.50 $379.50 

08/13/18 Steve MA 204 [REDACTED: Work relating to courtordered mediation] (1.40); 

[REDACTED: Work relating to courtordered mediation] (1.20); 

[REDACTED: Work relating to courtordered mediation] (1.00). 

3.60 $2,732.40 

08/14/18 Brian S. Rosen 204 [REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (1.10); 

[REDACTED: Work relating to courtordered mediation] (0.10). 

1.30 $986.70 

08/14/18 Christopher M. 

Tarrant 

204 Attend meeting with Alvarez & 

Marshall, B. Rosen et al regarding 

COFINA claims review and objection 

process (1.10); Review e-mails 

regarding same (0.20); Review material 

and prepare for same (0.30). 

1.60 $416.00 

08/15/18 Brian S. Rosen 204 Memorandum to S. Uhland regrading 

claims reconciliation. 

0.10 $75.90 

08/15/18 Christopher M. 

Tarrant 

204 Call with Alvarez & Marshal regarding 

COFINA claims objections and claims 

review process (1.10); Review 

additional materials regarding same 

(0.80); Follow-up e-mails with B. 

Rosen and Alvarez & Marshal team 

regarding same (0.70). 

2.60 $676.00 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 53 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170166980 

0010 PROMESA TITLE III: COFINA Page 8 

Date Timekeeper Task Description Hours Amount

08/16/18 Brian S. Rosen 204 [REDACTED: Work relating to courtordered mediation] (0.40); 

[REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.20); 

[REDACTED: Work relating to courtordered mediation] (0.10); 

Memorandum to creditor regarding 

report list (0.10); [REDACTED: Work 

relating to court-ordered mediation] 

(0.30); [REDACTED: Work relating to 

court-ordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (1.10). 

2.60 $1,973.40 

08/16/18 Christopher M. 

Tarrant 

204 Follow-up e-mail with Alvarez & 

Marshal regarding claims objection and 

review process (0.40); Review 

additional claims and documents 

regarding same (0.90). 

1.30 $338.00 

08/17/18 Steve MA 204 [REDACTED: Work relating to courtordered mediation] (2.00); 

[REDACTED: Work relating to courtordered mediation] (3.30). 

5.30 $4,022.70 

08/18/18 Brian S. Rosen 204 [REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.60); 

[REDACTED: Work relating to courtordered mediation] (0.20). 

0.90 $683.10 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 54 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170166980 

0010 PROMESA TITLE III: COFINA Page 9 

Date Timekeeper Task Description Hours Amount

08/19/18 Brian S. Rosen 204 Memorandum to N. Jaresko, et al., 

regarding Alvarez & Marshall and 

claim reconciliation (0.10); 

Memorandum to K. Rifkind regarding 

claims amount (0.10); [REDACTED: 

Work relating to court-ordered 

mediation] (0.10); [REDACTED: Work 

relating to court-ordered mediation] 

(0.10); [REDACTED: Work relating to 

court-ordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.20); 

[REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.20). 

1.30 $986.70 

08/20/18 Brian S. Rosen 204 [REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.10). 

0.20 $151.80 

08/21/18 Brian S. Rosen 204 [REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.20). 

0.30 $227.70 

08/22/18 Yomarie Habenicht 204 Attend portion of document negotiation 

meeting. 

6.30 $4,781.70 

08/23/18 Yomarie Habenicht 204 Attend document negotiation meeting. 8.90 $6,755.10 

08/23/18 Brian S. Rosen 204 Teleconference with J. Hertzberg 

regarding claims status (0.40); 

[REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.20). 

0.70 $531.30 

08/24/18 Brian S. Rosen 204 Participate in claims conference call 

with Alvarez & Marshall, O'Melveny, 

et al. (1.10); Memorandum to M. Yassin 

regarding same (0.10); Memorandum to 

O. Rodriguez regarding meeting (0.10); 

Review memorandum regarding date 

for meeting (0.20). 

1.50 $1,138.50 

08/26/18 Brian S. Rosen 204 [REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.20); 

[REDACTED: Work relating to courtordered mediation] (1.00). 

1.30 $986.70 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 55 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170166980 

0010 PROMESA TITLE III: COFINA Page 10 

Date Timekeeper Task Description Hours Amount

08/27/18 Brian S. Rosen 204 [REDACTED: Work relating to courtordered mediation] (10.80); 

[REDACTED: Work relating to courtordered mediation] (0.30); 

[REDACTED: Work relating to courtordered mediation] (0.20). 

11.30 $8,576.70 

08/27/18 David Simon 204 [REDACTED: Work relating to courtordered mediation]. 10.80 $8,197.20 

08/27/18 Yomarie Habenicht 204 [REDACTED: Work relating to courtordered mediation]. 10.80 $8,197.20 

08/28/18 Yomarie Habenicht 204 [REDACTED: Work relating to courtordered mediation]. 14.00 $10,626.00 

08/28/18 Brian S. Rosen 204 [REDACTED: Work relating to courtordered mediation] (14.90); 

[REDACTED: Work relating to courtordered mediation] (2.90); 

[REDACTED: Work relating to courtordered mediation] (0.30); 

[REDACTED: Work relating to courtordered mediation] (0.30). 

18.40 $13,965.60 

08/28/18 David Simon 204 [REDACTED: Work relating to courtordered mediation]. 14.90 $11,309.10 

08/29/18 David Simon 204 [REDACTED: Work relating to courtordered mediation]. 14.60 $11,081.40 

08/29/18 Brian S. Rosen 204 [REDACTED: Work relating to courtordered mediation] (14.60); 

[REDACTED: Work relating to courtordered mediation] (1.60); 

[REDACTED: Work relating to courtordered mediation] (0.30). 

16.50 $12,523.50 

08/29/18 Yomarie Habenicht 204 [REDACTED: Work relating to courtordered mediation]. 13.10 $9,942.90 

08/30/18 Brian S. Rosen 204 Review C. Tarrant memorandum 

regarding claims (0.10); Memorandum 

to C. Tarrant regarding same (0.10); 

Memorandum to O. Rodriguez 

regarding meeting (0.10); 

[REDACTED: Work relating to courtordered mediation] (2.00); 

[REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.20); 

[REDACTED: Work relating to courtordered mediation] (0.20); 

[REDACTED: Work relating to courtordered mediation] (0.30). 

3.10 $2,352.90 

08/30/18 Christopher M. 

Tarrant 

204 E-mails with B. Rosen and Alvarez & 

Marshal regarding additional COFINA 

claims. 

1.80 $468.00 

08/30/18 David Simon 204 [REDACTED: Work relating to courtordered mediation]. 2.00 $1,518.00 

Communications with Claimholders 251.50 $187,245.80

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 56 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170166980 

0010 PROMESA TITLE III: COFINA Page 11 

Communications with the Commonwealth and its Representatives -- 205

Date Timekeeper Task Description Hours Amount

08/30/18 Timothy W. 

Mungovan 

205 Review Board's notice of violation 

letter to Commonwealth relating to 

COFINA fiscal plan. 

0.10 $75.90 

Communications with the Commonwealth and its Representatives 0.10 $75.90

Non-Board Court Filings -- 207

Date Timekeeper Task Description Hours Amount

08/10/18 Timothy W. 

Mungovan 

207 Review disclosure statement by GOs of 

their COFINA holdings. 

0.30 $227.70 

08/13/18 Maja Zerjal 207 Review UCC filing regarding COFINA 

settlement. 

0.20 $151.80 

08/13/18 Paul Possinger 207 Review UCC informative motion 

regarding fiscal plan and settlement. 

0.30 $227.70 

08/14/18 Brian S. Rosen 207 Review UCC motion (0.10); 

Teleconference with D. Brownstein 

regarding same (0.20). 

0.30 $227.70 

Non-Board Court Filings 1.10 $834.90

Analysis and Strategy -- 210

Date Timekeeper Task Description Hours Amount

08/01/18 Maja Zerjal 210 Discuss monoline issues with S. Ma. 0.20 $151.80 

08/02/18 Ralph C. Ferrara 210 Review current draft securities terms for 

COFINA plan of adjustment. 

0.70 $531.30 

08/08/18 Jonathan E. Richman 210 Review plan of adjustment in 

connection with BNY litigation. 

0.20 $151.80 

08/09/18 Ralph C. Ferrara 210 Review summary regarding 

negotiations between COFINA senior 

and junior bondholders (0.20); Review 

summary regarding Board's 

announcement of deal reached with 

senior and junior COFINA bondholders 

and monoline insurers (0.10); Review 

summary regarding recovery for senior 

and subordinated bondholders 

respecting term sheet presentation 

(0.20). 

0.50 $379.50 

08/10/18 Ralph C. Ferrara 210 Review summary regarding COFINA 

Title III plan of adjustment (0.40); 

Review summary regarding Assured's 

support of COFINA RSA (0.20); 

Review summary regarding MBIA's 

view of COFINA deal (0.20). 

0.80 $607.20 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 57 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170166980 

0010 PROMESA TITLE III: COFINA Page 12 

Date Timekeeper Task Description Hours Amount

08/22/18 Paul Possinger 210 Review e-mails regarding Goldman 

swap (0.40); Discuss same with B. 

Rosen (0.30); E-mails with litigation 

team regarding same (0.20); Discuss 

same with E. Stevens (0.20). 

1.10 $834.90 

08/23/18 Paul Possinger 210 Review analysis regarding swap claim 

and related e-mails. 

0.30 $227.70 

08/31/18 Brian S. Rosen 210 Review correspondence regarding 

COFINA fiscal plan (0.30); 

Memorandum to D. Brownstein 

regarding response (0.10). 

0.40 $303.60 

Analysis and Strategy 4.20 $3,187.80

Non-Working Travel Time -- 211

Date Timekeeper Task Description Hours Amount

08/12/18 Steve MA 211 Travel from Los Angeles to New York 

for meetings with Retiree Committee, 

Commonwealth agent, and Nixon 

Peabody (Total travel time is 8.10 

hours). 

4.00 $3,036.00 

08/17/18 Steve MA 211 [REDACTED: Work relating to courtordered mediation] (Total travel time is 

8.40 hours). 

4.20 $3,187.80 

08/21/18 Paul Possinger 211 [REDACTED: Work relating to courtordered mediation] (Total travel time is 

2.10 hours). 

1.00 $759.00 

08/23/18 Paul Possinger 211 [REDACTED: Work relating to courtordered mediation] (Total travel time is 

2.10 hours). 

1.00 $759.00 

Non-Working Travel Time 10.20 $7,741.80

Plan of Adjustment and Disclosure Statement -- 215

Date Timekeeper Task Description Hours Amount

08/01/18 Daniel L. Forman 215 Draft COFINA bond disclosures. 2.10 $1,593.90 

08/01/18 Yomarie Habenicht 215 Review COFINA term sheet. 0.50 $379.50 

08/01/18 Steve MA 215 Discussion with Y. Habenicht regarding 

preparation of tax disclosures for 

COFINA disclosure statement (0.20); 

Review and analyze COFINA plan term 

sheet (1.30); Draft COFINA disclosure 

statement (1.40). 

2.90 $2,201.10 

08/02/18 Steve MA 215 Further revise draft COFINA disclosure 

statement. 

0.50 $379.50 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 58 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170166980 

0010 PROMESA TITLE III: COFINA Page 13 

Date Timekeeper Task Description Hours Amount

08/02/18 Jeffrey W. Levitan 215 Review T. Mayer article on insured 

bond structure (0.40); Conference with 

M. Zerjal, D. Forman regarding debt 

descriptions for disclosure statement 

(0.90); Review task list (0.20); 

Conference with S. Ma regarding 

disclosure statement draft (0.20); 

Review draft debt summary (0.10). 

1.80 $1,366.20 

08/02/18 Daniel Desatnik 215 Review prior COFINA memoranda to 

locate bond and SUT description 

language for disclosure statement 

(0.60); Discuss same with C. 

Theodoridis (0.10). 

0.70 $531.30 

08/02/18 Daniel L. Forman 215 Draft bond disclosures for COFINA. 2.20 $1,669.80 

08/03/18 Daniel L. Forman 215 Draft bond disclosures for COFINA 

(2.60); Meeting with N. Pellegrino 

regarding same (0.40). 

3.00 $2,277.00 

08/03/18 Jeffrey W. Levitan 215 Conference with B. Rosen regarding 

timing of disclosure statement (0.10); 

Review B. Rosen e-mail regarding 

disclosure statement (0.10); Review N. 

Pellegrino e-mail regarding debt 

description (0.10). 

0.30 $227.70 

08/03/18 Maja Zerjal 215 Review COFINA disclosure statement 

task list. 

0.20 $151.80 

08/03/18 James P. Gerkis 215 Began review of COFINA bond 

descriptions (1.70); Communications 

with S. Ma regarding same (0.60). 

2.30 $1,745.70 

08/03/18 Nicholas Pellegrino 215 Review COFINA bond summary. 0.30 $227.70 

08/03/18 Steve MA 215 Review e-mails regarding status of 

COFINA plan discussions, coordination 

of preparation of disclosure statement 

with O'Melveny, and notes on tax 

disclosures (0.20); Revise draft 

COFINA disclosure statement (2.90); 

Conduct research regarding COFINA 

bond resolutions (5.30). 

8.40 $6,375.60 

08/03/18 Brian S. Rosen 215 Memorandum to S. Uhland regarding 

COFINA disclosure statement (0.10); 

Review COFINA task list (0.10); 

Memorandum to M. Zerjal regarding 

same (0.10); Memorandum to M. 

Ellenberg regarding commutation issues 

(0.10); Review L. Sizemore 

memorandum regarding comments 

(0.10); Memorandum to L. Sizemore 

regarding same (0.10). 

0.60 $455.40 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 59 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170166980 

0010 PROMESA TITLE III: COFINA Page 14 

Date Timekeeper Task Description Hours Amount

08/04/18 Brian S. Rosen 215 Memorandum to M. Kremer regarding 

swap documents (0.10); Memorandum 

to S. Uhland regarding same (0.10); 

Memorandum to S. Uhland regarding 

Lehman swap (0.10); Teleconference 

with D. Brownstein regarding COFINA 

issues (0.20); Conference call with D. 

Brownstein and M. Bienenstock 

regarding same (0.90). 

1.40 $1,062.60 

08/04/18 Steve MA 215 Draft research memorandum regarding 

COFINA bond resolutions. 

9.40 $7,134.60 

08/05/18 Steve MA 215 Draft research memorandum regarding 

COFINA bond resolutions. 

10.60 $8,045.40 

08/05/18 Brian S. Rosen 215 Teleconference with D. Brownstein 

regarding outstanding COFINA issues 

and structure (0.30); Revise term sheet 

(1.40); Begin draft of plan support 

agreements (1.20). 

2.90 $2,201.10 

08/06/18 Steve MA 215 Draft disclosure statement for COFINA. 2.10 $1,593.90 

08/07/18 Steve MA 215 Draft disclosure statement for COFINA 

(5.70); Discuss disclosure statement 

issues with M. Zerjal (0.40). 

6.10 $4,629.90 

08/07/18 Jeffrey W. Levitan 215 Review sample bond description (0.30); 

Review, note comments and draft 

COFINA bond description (0.30); 

Conference with M. Zerjal regarding 

COFINA disclosure sheet debts (0.50). 

1.10 $834.90 

08/07/18 James P. Gerkis 215 Review disclosure statement material. 1.60 $1,214.40 

08/07/18 Elliot Stevens 215 Research regarding status and orders 

entered in Title III cases for B. Rosen in 

connection with COFINA disclosure 

statement. 

0.90 $683.10 

08/07/18 Maja Zerjal 215 Review COFINA disclosure statement 

task list (0.30); Discuss same with S. 

Ma (0.40); Review status of open issues 

(0.10); Correspond with R. Kim 

regarding same (0.20). 

1.00 $759.00 

08/07/18 Nicholas Pellegrino 215 Incorporate comments per restructuring 

team into COFINA bond summaries. 

1.60 $1,214.40 

08/07/18 Mee R. Kim 215 E-mails with M. Zerjal and S. Ma 

regarding COFINA disclosure 

statement. 

0.30 $227.70 

08/08/18 Michael A. Firestein 215 Review materials regarding plan of 

adjustment. 

0.30 $227.70 

08/08/18 Jeffrey W. Levitan 215 E-mail with S. Ma regarding disclosure 

statement pending issues (0.10); E-mail 

with B. Rosen regarding disclosure 

statement pending issues (0.10). 

0.20 $151.80 

08/08/18 Stephen L. Ratner 215 Review materials regarding COFINA 

plan of adjustment. 

0.20 $151.80 

08/08/18 Elliot Stevens 215 Research various cases and proceedings 

relating to PROMESA in connection 

with disclosure statement. 

0.70 $531.30 

08/08/18 Steve MA 215 Draft disclosure statement for COFINA. 5.70 $4,326.30 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 60 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170166980 

0010 PROMESA TITLE III: COFINA Page 15 

Date Timekeeper Task Description Hours Amount

08/08/18 Brian S. Rosen 215 Begin revisions to plan support 

agreement (2.90); Begin revisions to 

plan (2.80); Memorandum to 

Brownstein regarding BNY (0.10); 

Revise draft plan support agreement 

(1.40). 

7.20 $5,464.80 

08/09/18 Brian S. Rosen 215 Review memorandum from creditor 

regarding recovery dates (0.10); 

Memorandum to creditor regarding 

same (0.10); Memorandum to E. 

Stevens regarding plan support 

agreement (0.10); Memorandum to G. 

Morgan regarding term sheet (0.10); 

Review L. Despins memorandum 

regarding plan support agreement 

(0.10); Memorandum to L. Despins 

regarding same (0.10); Memorandum to 

T. Green regarding UCC meeting 

(0.10); Memorandum to T. Green 

regarding rating agencies (0.10); 

Review memorandum to creditor 

regarding meeting/distribution (0.10); 

Memorandum to creditor regarding 

same (0.10); Review T. Green 

memorandum regarding UCC meeting 

(0.10); Memorandum to T. Green 

regarding same (0.10); Revise and 

distribute term sheet to Citi team (3.80); 

Review Aurelius memorandum to D. 

Brownstein (0.10); Memorandum to 

Brownstein regarding same (0.20); 

Review UCC draft informative motion 

(0.20); Memorandum to L. Despins 

regarding same (0.20); [REDACTED: 

Work relating to court-ordered 

mediation] (0.20); Memorandum to Citi 

regarding comments (0.20); Review Citi 

comments (0.20); Teleconference with 

T. Green regarding same (0.40); Revise 

term sheet (2.30); Memorandum to 

parties regarding same (0.20); 

Memorandum to Citi regarding further 

changes to same (0.10); Review S. 

Uhland memorandum regarding 

distribution (0.10); Memorandum to S. 

Uhland regarding same (0.10); 

Memorandum to D. Brownstein 

regarding GO holdings (0.10). 

9.60 $7,286.40 

08/09/18 Stephen L. Ratner 215 Review materials regarding COFINA 

plan of adjustment (0.20); Conference 

with B. Rosen regarding materials 

regarding COFINA plan of adjustment 

(0.10). 

0.30 $227.70 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 61 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170166980 

0010 PROMESA TITLE III: COFINA Page 16 

Date Timekeeper Task Description Hours Amount

08/09/18 Elliot Stevens 215 Research of adversary proceedings 

challenging constitutionality of 

PROMESA in connection with 

disclosure statement for B. Rosen. 

0.40 $303.60 

08/09/18 Jeffrey W. Levitan 215 Review and note comments on draft 

disclosure statement. 

1.10 $834.90 

08/10/18 Christopher M. 

Hayes 

215 Teleconference with B. Rosen regarding 

research regarding COFINA term sheet 

considerations (0.30); Review materials 

and conduct research regarding same 

(0.70). 

1.00 $759.00 

08/10/18 James P. Gerkis 215 Review of COFINA plan support 

agreement and term sheet. 

2.60 $1,973.40 

08/10/18 Steve MA 215 Review revised COFINA plan term 

sheet and restructuring support 

agreement (0.20); E-mail to Y. 

Habenicht regarding preparing tax 

disclosures for COFINA disclosure 

statement (0.10). 

0.30 $227.70 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 62 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170166980 

0010 PROMESA TITLE III: COFINA Page 17 

Date Timekeeper Task Description Hours Amount

08/10/18 Brian S. Rosen 215 Review Citi comments to term sheet 

(0.20); Memorandum to S. Uhland 

regarding COFINA settlement timing 

(0.20); Review J. Gavin memorandum 

regarding transaction (0.10); 

Memorandum to J. Gavin regarding 

same (0.10); Memorandum to C. Rein 

regarding timing (0.10); Memorandum 

to M. Bienenstock regarding COFINA 

issues (0.10); Memorandum to Citi on 

term sheet (0.10); Revise term sheet 

(1.80); Memorandum to S. Uhland with 

term sheet (0.10); Review T. Green 

comment to term sheet (0.40); 

Memorandum to litigation team 

regarding plan support agreement 

(0.10); Revise term sheet and distribute 

(0.70); Memorandum to COFINA agent 

regarding term sheet (0.10); Distribute 

plan support agreement to bank, et al., 

(0.30); Memorandum to M. Goldstein 

regarding comments on plan support 

agreement (0.10); Teleconference with 

M. DiConza regarding same (0.30); 

Review J. El Koury memorandum 

regarding COFINA questions (0.10); 

Memorandum to J. El Koury regarding 

same (0.10) Memorandum to A. Colon 

regarding plan support agreement 

(0.10); Review memorandum regarding 

same (0.10); Memorandum to D. 

Buckley regarding signature blocks 

(0.10); Memorandum to D. Buckley 

regarding plan support agreement 

(0.10); Review memorandum regarding 

comments on same (0.10); Review 

creditor memorandum regarding issues 

(0.20); Memorandum to creditor 

regarding same (0.10); Memorandum to 

W. Smith regarding plan support 

agreement comments (0.10). 

5.90 $4,478.10 

08/10/18 Martin T. Hamilton 215 Meeting with Y. Habenicht regarding 

structure for term sheet. 

2.00 $1,518.00 

08/11/18 Brian S. Rosen 215 Review D. Brownstein memorandum 

regarding term sheet (0.20); 

Memorandum to D. Brownstein 

regarding same (0.10); Review 

comments on same (0.40); 

Memorandum to C. Rein regarding 

same (0.10); Teleconference with J. 

Minias on same (0.20); Review G. 

Morgan memorandum regarding 

comments (0.10); Memorandum to G. 

Morgan regarding same (0.10). 

1.20 $910.80 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 63 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170166980 

0010 PROMESA TITLE III: COFINA Page 18 

Date Timekeeper Task Description Hours Amount

08/11/18 Steve MA 215 Review e-mails from team regarding 

plan negotiations. 

0.10 $75.90 

08/11/18 Christopher M. 

Hayes 

215 Correspond with Proskauer team 

regarding COFINA deal documents. 

0.70 $531.30 

08/12/18 James P. Gerkis 215 Review documents regarding COFINA 

restructuring (including comments of 

other parties). 

2.60 $1,973.40 

08/12/18 Brian S. Rosen 215 Review comments on term sheet and 

plan support agreement (1.20); Revise 

same (8.90); Conference call with Citi 

regarding same (0.60); Memorandum to 

team regarding COFINA fees (0.30); 

[REDACTED: Work relating to courtordered mediation] (0.20); 

Teleconference with G. Morgan 

regarding National comments (0.40). 

11.60 $8,804.40 

08/13/18 Brian S. Rosen 215 Meeting with Retiree Committee 

advisors regarding COFINA transaction 

(1.40); Meeting with UCC advisors 

regarding same (1.20); Review M. Brod 

memorandum regarding comments 

(0.10); Memorandum to M. Brod 

regarding same (0.10); Teleconference 

with M. Brod regarding same (0.10); 

Revise term sheet (3.80); Revise plan 

support agreement (4.10); Review J. El 

Koury comments (0.10); Memorandum 

to O'Melveny team regarding term sheet 

(0.10); Memorandum to S. Uhland 

regarding derivative claim (0.10); 

Memorandum to J. Rapisardi regarding 

term sheet review (0.10); Memorandum 

to Bonistas regarding plan support 

agreement (0.10); Review B. Resnick 

memorandum regarding same (0.10); 

Review draft covenant (0.20); 

Teleconference with S. Uhland 

regarding term sheet (0.30); 

Memorandum to D. Brownstein 

regarding same (0.10); Teleconference 

with D. Brownstein regarding same 

(0.30). 

12.30 $9,335.70 

08/13/18 Christopher M. 

Hayes 

215 Conduct research regarding 

restructuring fee and related 

considerations. 

1.10 $834.90 

08/13/18 Steve MA 215 Attend meeting with Nixon Peabody 

regarding tax issues for plan 

negotiations. 

1.30 $986.70 

08/13/18 James P. Gerkis 215 Conference with D. Forman regarding 

status of disclosure statement (0.10); 

Correspondence with team regarding 

same (0.10). 

0.20 $151.80 

08/13/18 Natasha Petrov 215 Research regarding plan support 

agreement related issues for C. Hayes. 

2.20 $572.00 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 64 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170166980 

0010 PROMESA TITLE III: COFINA Page 19 

Date Timekeeper Task Description Hours Amount

08/14/18 Natasha Petrov 215 Continue research regarding plan 

support agreement related issues for C. 

Hayes. 

1.60 $416.00 

08/14/18 Elliot Stevens 215 Research regarding CommonwealthCOFINA stipulation for disclosure 

statement for B. Rosen. 

0.20 $151.80 

08/14/18 Christopher M. 

Hayes 

215 Conduct research regarding deal 

structures. 

1.70 $1,290.30 

08/14/18 Brian S. Rosen 215 Review and revise term sheet (3.10); 

Revise plan service agreement from 

comments (5.10); Teleconference with 

D. Brownstein regarding revisions to 

both (0.60); Memorandum to creditor 

regarding available resources (0.10); 

Teleconference with S. Uhland 

regarding same (0.30); Conference call 

with creditor et al. regarding available 

resources (1.20); Memorandum to B. 

Resnick regarding fees (0.10); 

Memorandum to S. Uhland regarding 

term sheet language (0.10); Review S. 

Uhland language (0.10); Memorandum 

to Uhland regarding creditor issues 

(0.10). 

10.80 $8,197.20 

08/14/18 Martin T. Hamilton 215 Attend meeting with Citi, Nixon, and 

restructuring group regarding plan 

documents. 

4.10 $3,111.90 

08/14/18 Steve MA 215 Draft list of COFINA bonds and 

associated resolutions for disclosure 

statement (0.20); Review comments to 

various provisions of disclosure 

statement (0.30). 

0.50 $379.50 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 65 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170166980 

0010 PROMESA TITLE III: COFINA Page 20 

Date Timekeeper Task Description Hours Amount

08/15/18 Brian S. Rosen 215 Review memorandum from S. Uhland 

regarding rulings (0.10); Memorandum 

to S. Uhland regrading same (0.10); 

Revise plan support agreement (3.10); 

Revise term sheet (3.60); Review 

documents regarding swap (1.10); 

Memorandum to creditor regarding 

language (0.10); Review creditor 

memorandum regarding same (0.10); 

Distribute term sheet (0.20); 

Memorandum to agents regarding term 

sheet (0.10); Review COFINA 

settlement agreement (0.30); Review 

memorandum regarding distribution 

(0.10); Review creditor memorandum 

regarding additional parties (0.10); 

Memorandum to D. Brownstein 

regarding same (0.10); Teleconference 

with R. Gordon regarding Retiree 

Committee position (0.20); Conference 

call with Retiree Committee advisors 

regarding same (0.90); Review article 

regarding deal (0.10); Memorandum to 

creditor regarding same (0.10); Review 

memorandum addressing COFINA 

agent meeting (0.20); Office conference 

with Board member regarding issues 

(0.20); Memorandum to B. Resnick, et 

al., regarding same (0.10); 

Memorandum to C. Sobino regarding 

distributions (0.20). 

11.10 $8,424.90 

08/15/18 Christopher M. 

Hayes 

215 Conduct research regarding potential 

deal structures and precedent regarding 

same. 

1.70 $1,290.30 

08/15/18 Natasha Petrov 215 Continue research regarding plan 

support agreement related issues for C. 

Hayes. 

4.40 $1,144.00 

08/15/18 James P. Gerkis 215 Correspondence with team regarding 

COFINA settlement (0.10); Review 

revised term sheet (0.50). 

0.60 $455.40 

08/15/18 Steve MA 215 Review and add restructuring term sheet 

into draft COFINA plan of adjustment. 

2.30 $1,745.70 

08/16/18 Steve MA 215 Revise draft COFINA plan of 

adjustment based on latest term sheet. 

2.40 $1,821.60 

08/16/18 Paul Possinger 215 Review e-mails with creditors regarding 

term sheet. 

0.30 $227.70 

08/16/18 Yomarie Habenicht 215 Review plan support agreement and 

term sheet. 

1.20 $910.80 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 66 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170166980 

0010 PROMESA TITLE III: COFINA Page 21 

Date Timekeeper Task Description Hours Amount

08/16/18 Brian S. Rosen 215 Review creditor memorandum 

regarding fee payment (0.10); 

Memorandum to D. Brownstein 

regarding same (0.10); Revise plan 

support agreement (1.10); 

Teleconference with D. Bernstein 

regarding same and fees (0.40); 

Memorandum to creditor regarding 

issues (0.20); Review comments on 

documents (0.40); Memorandum to G. 

Morgan regarding same (0.10); 

Memorandum to K. Rifkind regarding 

COFINA fiscal plan (0.10); Office 

conference with M. Bienenstock 

regarding same (0.10); Memorandum to 

K. Rifkind regarding same (0.10); 

Review COFINA open issues (0.20); 

Memorandum to D. Brownstein 

regarding same (0.10); Review 

comments on term sheet (0.90); 

Memorandum to D. Brownstein 

regarding comments (0.20). 

4.10 $3,111.90 

08/16/18 Martin T. Hamilton 215 Draft outline of disclosure issues. 1.50 $1,138.50 

08/17/18 Brian S. Rosen 215 Meeting with Commonwealth, 

O'Melveny, et al., regarding term sheet 

issues (1.90); Meeting with creditors 

regarding term sheet issues and 

comments (5.20); Meeting with Citi 

regarding term sheet and plan summary 

agreement (0.60); Memorandum to D. 

Brownstein regarding Citi presentation 

and fees (0.10); Memorandum to N. 

Jaresko regarding COFINA fiscal plan 

(0.10); Review creditor memorandum 

regarding plan summary agreement and 

term sheet (0.10); Memorandum to 

creditor regarding same (0.10); Review 

creditor memorandum regarding fees 

(0.10); Memorandum to creditor 

regarding same (0.10); Review creditor 

memorandum regarding term sheet 

(0.10); Review UCC memorandum 

regarding term sheet (0.10); 

Memorandum to McKinsey regarding 

fiscal plan and plan support agreement 

(0.20); Memorandum to S. Uhland 

regarding revisions (0.20); Review 

creditor inserts (0.40). 

9.30 $7,058.70 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 67 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170166980 

0010 PROMESA TITLE III: COFINA Page 22 

Date Timekeeper Task Description Hours Amount

08/18/18 Brian S. Rosen 215 Review comments on plan support 

agreement (0.80); Review D. 

Brownstein memorandum regarding 

market test (0.10); Memorandum to D. 

Brownstein regarding market test 

(0.20); Review reply from D. 

Brownstein regarding same (0.10); 

Meeting with S. Uhland regarding 

documents (0.70); Memorandum to S. 

Uhland regarding covenants (0.10); 

Review O'Melveny comments on plan 

summary agreement (0.60); 

Memorandum to S. Uhland regarding 

same (0.10); Draft memorandum 

regarding covenant changes (0.20); 

Memorandum to creditor regarding 

status (0.10); Review and revise plan 

support agreement (6.40); Review and 

revise term sheet (4.90); Draft 

memorandum regarding version of 

documents (0.40); Teleconference with 

team regarding document production 

(0.30); Memorandum to creditor 

regarding revisions to documents 

(0.10). 

15.10 $11,460.90 

08/18/18 Steve MA 215 Research COFINA tax legislation 

issues. 

1.20 $910.80 

08/19/18 Brian S. Rosen 215 Review creditor memorandum 

regarding tax issues (0.20); 

Teleconference with D. Brownstein 

regarding same (0.30); Further review 

of creditor memorandum regarding tax 

(0.20); Review memorandum regarding 

creditor position (0.10); Memorandum 

to D. Salem regarding same (0.10); 

Memorandum to J. Cunningham 

regarding plan support agreement 

(0.10); Review J. Cunningham 

memorandum regarding consents 

(0.10); Memorandum to J. Cunningham 

regarding same (0.10). 

1.20 $910.80 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 68 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170166980 

0010 PROMESA TITLE III: COFINA Page 23 

Date Timekeeper Task Description Hours Amount

08/20/18 Brian S. Rosen 215 Attend meeting with creditors (4.80); 

Draft memorandum addressing same 

(1.30); Revise plan support agreement 

(3.20); Review proposed changes to 

term sheet and plan support agreement 

(4.10); Memorandum to A. Skylar 

regarding documents (0.10); 

Memorandum to B. Resnick regarding 

participants (0.10); Revise term sheet 

(2.40); Review Board member 

memorandum regarding fees (0.10); 

Further revise term sheet (1.10); 

Memorandum to creditor regarding 

update (0.10); Revise term sheet (0.80). 

18.10 $13,737.90 

08/20/18 James P. Gerkis 215 Review correspondence regarding 

COFINA term sheet drafts and related 

documents (0.20); Review revised 

COFINA term sheets and related 

documents (1.60). 

1.80 $1,366.20 

08/20/18 Steve MA 215 Discussion with M. Zerjal regarding 

Commonwealth disclosure statement in 

connection with preparation of 

COFINA disclosure statement. 

0.30 $227.70 

08/21/18 Stephen L. Ratner 215 Review materials regarding plan of 

adjustment. 

0.20 $151.80 

08/21/18 James P. Gerkis 215 Review disclosure statement and related 

documents. 

1.20 $910.80 

08/21/18 Brian S. Rosen 215 Memorandum to creditor regarding 

comments (0.10); Review creditor 

memorandum regarding tax issues 

(0.10); Memorandum to creditor 

regarding same (0.10); Revise term 

sheet (1.80); Memorandum to creditor 

group regarding same (0.10); 

Memorandum to creditor regarding 

involvement in term sheet (0.10); 

Review creditor memorandum 

regarding same (0.10); Meeting with 

parties regarding documents (6.70); 

Teleconference with creditor regarding 

status (0.40); Memorandum to creditor 

regarding holdings (0.10); 

Memorandum to other creditor 

regarding same (0.10); Revise term 

sheet (2.80); Review creditor 

memorandum regarding issues (0.20); 

Memorandum to creditor regarding 

same (0.10). 

12.80 $9,715.20 

08/21/18 Yomarie Habenicht 215 Attend portion of document meeting. 4.80 $3,643.20 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 69 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170166980 

0010 PROMESA TITLE III: COFINA Page 24 

Date Timekeeper Task Description Hours Amount

08/21/18 Steve MA 215 Call with Prime Clerk regarding 

logistics for plan and solicitation 

process (0.10); Follow-up 

communications with O'Melveny 

regarding draft portions of COFINA 

disclosure statement (0.10); Update 

draft COFINA disclosure statement 

with latest plan terms and additional 

sections (1.70). 

1.90 $1,442.10 

08/22/18 Steve MA 215 Attend conference call with McKinsey 

regarding preparation of disclosure 

statement (0.40); E-mail to B. Rosen 

regarding plan terms (0.10); Call with 

M. Zerjal regarding coordination of 

Commonwealth disclosure statement 

with COFINA disclosure statement 

(0.20); Follow-up e-mails with 

Proskauer team regarding 

Commonwealth disclosure statement 

and COFINA disclosure statement 

(0.10). 

0.80 $607.20 

08/22/18 Martin T. Hamilton 215 Review revised term sheet and related 

documents (0.90); Discuss same with Y. 

Habenicht (0.20). 

1.10 $834.90 

08/22/18 Brian S. Rosen 215 Review creditor memorandum 

regarding proposal (0.20); 

Memorandum to creditor regarding 

same (0.20); Attend document meeting 

(9.50); Memorandum to creditor 

regarding attendance at meeting (0.10); 

Memorandum to creditor regarding 

status (0.10); Memorandum to M. 

Bienenstock et al. regarding swap issue 

(0.20); Office conference with P. 

Possinger regarding same (0.30); Revise 

term sheet (2.10); Revise plan support 

agreement (2.90); Memorandum to 

creditor regarding status of documents 

(0.10); Teleconference with creditor 

regarding same (0.40); Memorandum to 

creditor regarding release issue (0.20); 

Review creditor comments (0.60); 

Memorandum to creditor addressing 

same (0.10); Memorandum to creditor 

regarding call (0.10). 

17.10 $12,978.90 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 70 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170166980 

0010 PROMESA TITLE III: COFINA Page 25 

Date Timekeeper Task Description Hours Amount

08/23/18 Brian S. Rosen 215 Meetings with Puerto Rico/COFINA 

parties regarding plan (8.90); Revise 

term sheet and plan support agreement 

(2.30); Meeting with creditors regarding 

same (1.80); Memorandum to K. 

Rifkind regarding COFINA issues 

(0.10); Memorandum to creditor 

regarding status (0.10); Teleconference 

with D. Brownstein regarding update 

(0.60). 

13.80 $10,474.20 

08/23/18 James P. Gerkis 215 Correspondence from B. Rosen, et. al. 

regarding plan of adjustment and term 

sheet (0.20); Review revised drafts 

regarding same (0.80). 

1.00 $759.00 

08/24/18 Steve MA 215 Discussion with J. Levitan regarding 

comments to draft COFINA disclosure 

statement. 

0.20 $151.80 

08/24/18 David Simon 215 Meeting with J. Gerkis regarding 

COFINA background (0.30); E-mail 

with J. Gerkis regarding same (0.10); 

Research regarding matter background 

(1.30); Review plan support agreement 

and restructuring term sheet (2.70). 

4.40 $3,339.60 

08/24/18 James P. Gerkis 215 Correspondence with B. Rosen 

regarding plan documents (0.10); 

Conferences with B. Rosen, D. Forman, 

J. Levitan and D. Simon regarding same 

(0.90); Review and comment on latest 

drafts of plan support agreement and 

term sheet (2.30). 

3.30 $2,504.70 

08/24/18 Brian S. Rosen 215 Review D. Brownstein memoranda to 

creditors (0.40); Memorandum to S. 

Uhland regarding language of 

agreements (0.20); Office conference 

with Y. Habernicht regarding status 

(0.30); Teleconference with creditor 

regarding status (0.30); Memorandum 

to creditor regarding proposal (0.10); 

Teleconference with creditor regarding 

same (0.20); Teleconference with 

creditor counsel regarding same (0.20); 

Teleconference with creditor regarding 

swap issues (0.30); Review E. Stevens 

memorandum regarding same (0.20); 

Review creditor letter regarding same 

(0.20); Review draft language for order 

(0.40); Memorandum to creditor 

regarding status (0.10); Revise plan 

support agreement (2.10); Revise term 

sheet (1.90). 

6.90 $5,237.10 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 71 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170166980 

0010 PROMESA TITLE III: COFINA Page 26 

Date Timekeeper Task Description Hours Amount

08/25/18 Brian S. Rosen 215 Review memorandum regarding 

COFINA term sheet issues (0.90); 

Revise term sheet (1.40); Review 

creditor comments on plan support 

agreement (0.60); Review creditor 

memorandum regarding same (0.10); 

Review memorandum regarding GO 

holdings (0.20); Teleconference with 

creditor regarding swap issues (0.40); 

Review documents relating to plan of 

adjustment issue (0.30). 

3.90 $2,960.10 

08/25/18 David Simon 215 Review plan support agreement and 

restructuring terms and conditions. 

1.80 $1,366.20 

08/26/18 Brian S. Rosen 215 Teleconference with D. Brownstein 

regarding retail class (0.30); Revise 

term sheet (1.80); Revise plan support 

agreement (1.60); Teleconference with 

D. Brownstein regarding swap issues 

(0.20); Teleconference with creditor 

regarding status (0.20); Further revise 

term sheet (1.40); Further revise plan 

support agreement (1.30). 

6.80 $5,161.20 

08/27/18 Steve MA 215 Revise draft COFINA disclosure 

statement with comments from J. 

Levitan. 

2.10 $1,593.90 

08/27/18 Brian S. Rosen 215 Teleconference with creditor counsel 

regarding status (0.20); Revise term 

sheet and plan support agreement 

(2.10); Conference calls with creditor 

representatives regarding status (0.30); 

Office conference with UCC regarding 

status (0.20); Teleconference with 

creditor regarding same (0.10); Further 

revise plan support agreement and term 

sheet (1.70). 

4.60 $3,491.40 

08/28/18 James P. Gerkis 215 Review correspondence regarding 

revised term sheet and plan (0.10); 

Review comments regarding same 

(0.40). 

0.50 $379.50 

08/28/18 Jeffrey W. Levitan 215 Conference with S. Ma regarding 

disclosure statement, settlement motion. 

0.20 $151.80 

08/28/18 Steve MA 215 Revise draft COFINA disclosure 

statement. 

4.10 $3,111.90 

08/28/18 Martin T. Hamilton 215 Review revised term sheet and related 

documents (1.10); Discuss same with Y. 

Habenicht (0.80). 

1.90 $1,442.10 

08/29/18 Martin T. Hamilton 215 Review revised term sheet and related 

documents (1.30); Discuss same with Y. 

Habenicht (0.30). 

1.60 $1,214.40 

08/29/18 James P. Gerkis 215 Correspondence with team regarding 

plan and term sheet (0.30); Review 

revised drafts of same (0.80). 

1.10 $834.90 

08/29/18 Martin J. 

Bienenstock 

215 Review plan support agreement. 1.20 $910.80 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 72 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170166980 

0010 PROMESA TITLE III: COFINA Page 27 

Date Timekeeper Task Description Hours Amount

08/29/18 David Simon 215 Draft autonomy letter agreement. 2.10 $1,593.90 

08/29/18 Brian S. Rosen 215 Draft autonomy letter (1.10); 

Conference calls with creditor regarding 

same (0.40); Memorandum with 

creditor regarding autonomy letter 

(0.10). 

1.60 $1,214.40 

08/29/18 Yomarie Habenicht 215 Revise term sheet and plan support 

agreement. 

1.70 $1,290.30 

08/30/18 Yomarie Habenicht 215 Assist in finalizing term sheet and plan 

support agreement. 

8.40 $6,375.60 

08/30/18 Martin T. Hamilton 215 Review revised term sheet and related 

documents (1.80); Discuss same with Y. 

Habenicht (0.30). 

2.10 $1,593.90 

08/30/18 Brian S. Rosen 215 Revisions to plan support agreement 

(3.60); Revisions to autonomy letter 

(2.10); Conference calls with creditors 

regarding same (0.60); Teleconference 

with creditors regarding distribution of 

executed document (0.30); 

Memorandum to creditor regarding 

status (0.10); Memorandum to 

additional creditors regarding status 

(0.20); Memorandum to creditors 

regarding term sheet (0.30); 

Memorandum to E. Stevens regarding 

Lex Claims (0.10); Review E. Stevens 

memorandum regarding same (0.20); 

Teleconference with creditor regarding 

plan support agreement changes (0.20); 

Review Lex Claims plan support 

agreement language (0.10); Conference 

call with creditors regarding status 

(0.50); Memorandum to creditor 

regarding swap issues (0.10); 

Memorandum to N. Jaresko regarding 

status (0.30); Memorandum to creditor 

regarding changes (0.20). 

8.90 $6,755.10 

08/30/18 James P. Gerkis 215 Review final COFINA term sheet and 

other related documents in preparation 

for meetings (2.30); Conferences with 

D. Forman, B. Rosen and J. Levitan 

regarding remaining issues (0.20). 

2.50 $1,897.50 

08/30/18 Jeffrey W. Levitan 215 Conference with B. Rosen, E. Barak 

regarding COFINA disclosure statement 

issues (0.40); Conference with J. Gerkis 

regarding plan drafting (0.20); 

Conference with S. Ma regarding 

disclosure statement (0.10). 

0.70 $531.30 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 73 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170166980 

0010 PROMESA TITLE III: COFINA Page 28 

Date Timekeeper Task Description Hours Amount

08/31/18 Brian S. Rosen 215 Review correspondence regarding 

proposed changes to term sheet (0.40); 

Memorandum to D. Brownstein 

regarding same (0.10) Memorandum to 

D. Brownstein regarding COFINA 

meeting (0.10); Review D. Brownstein 

memorandum regarding plan support 

agreement (0.10); Memorandum to D. 

Brownstein, et al., regarding same 

(0.10); Review creditor memorandum 

regarding status (0.10); Memorandum 

to creditor regarding same (0.10); 

Review memoranda regarding creditor 

positions (0.30); Memorandum to 

creditors regarding same (0.20); Review 

D. Brownstein memorandum regarding 

GO position (0.10); Review D. 

Brownstein memorandum regarding 

same (0.10); Teleconference with 

creditor regarding swap issue (0.30). 

2.00 $1,518.00 

08/31/18 Mee R. Kim 215 Draft disclosure statement regarding 

fiscal plan and budget development 

(2.70); E-mails with M. Zerjal and S. 

Ma regarding same (0.20). 

2.90 $2,201.10 

08/31/18 Jeffrey W. Levitan 215 Review plan support agreement and 

term sheet. 

0.90 $683.10 

08/31/18 Martin T. Hamilton 215 Review revised term sheet and related 

documents (1.60); Discuss same with Y. 

Habenicht (0.20). 

1.80 $1,366.20 

Plan of Adjustment and Disclosure Statement 366.00 $273,702.20

Tax -- 217

Date Timekeeper Task Description Hours Amount

08/03/18 Yomarie Habenicht 217 Review tax section of disclosure 

statement. 

1.40 $1,062.60 

08/08/18 Richard M. Corn 217 Review COFINA structural issues and 

tax issues. 

1.30 $986.70 

08/09/18 Richard M. Corn 217 Review COFINA structural issues and 

tax issues. 

1.80 $1,366.20 

08/10/18 Richard M. Corn 217 Review COFINA term sheet and related 

agreements for tax issues. 

2.40 $1,821.60 

08/10/18 Yomarie Habenicht 217 Discussion with M. Hamilton and R. 

Corn regarding tax issues and next steps 

(0.30); Review of term sheet in 

connection with same (0.30). 

0.60 $455.40 

08/13/18 Yomarie Habenicht 217 Meeting with R. Corn regarding tax 

exempt opinion and review of 

documents. 

2.10 $1,593.90 

08/16/18 Richard M. Corn 217 Review COFINA term sheet and 

agreements for tax issues. 

1.50 $1,138.50 

08/19/18 Steve MA 217 Analyze COFINA tax legislation issues. 0.90 $683.10 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 74 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170166980 

0010 PROMESA TITLE III: COFINA Page 29 

Date Timekeeper Task Description Hours Amount

08/21/18 Richard M. Corn 217 Review COFINA term sheet and 

agreements in connection with tax 

issues. 

2.00 $1,518.00 

08/23/18 Richard M. Corn 217 Review COFINA term sheet and 

agreements in connection with tax 

analysis. 

1.00 $759.00 

08/28/18 Richard M. Corn 217 Review COFINA term sheet and 

agreements in connection with tax 

issues. 

0.80 $607.20 

08/29/18 Richard M. Corn 217 Review COFINA term sheet and 

agreements in connection with tax 

issues. 

1.20 $910.80 

Tax 17.00 $12,903.00

Total for Professional Services $490,549.00

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 75 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170166980 

0010 PROMESA TITLE III: COFINA Page 30 

Timekeeper Summary

Timekeeper Status Hours Rate Value

BRIAN S. ROSEN PARTNER 334.90 759.00 $254,189.10 

EHUD BARAK PARTNER 3.50 759.00 $2,656.50 

JAMES P. GERKIS PARTNER 21.30 759.00 $16,166.70 

JEFFREY W. LEVITAN PARTNER 6.30 759.00 $4,781.70 

JONATHAN E. RICHMAN PARTNER 0.20 759.00 $151.80 

MARTIN J. BIENENSTOCK PARTNER 1.20 759.00 $910.80 

MARTIN T. HAMILTON PARTNER 16.10 759.00 $12,219.90 

MICHAEL A. FIRESTEIN PARTNER 0.30 759.00 $227.70 

PAUL POSSINGER PARTNER 4.50 759.00 $3,415.50 

RALPH C. FERRARA PARTNER 2.00 759.00 $1,518.00 

RICHARD M. CORN PARTNER 12.00 759.00 $9,108.00 

STEPHEN L. RATNER PARTNER 0.70 759.00 $531.30 

TIMOTHY W. MUNGOVAN PARTNER 0.40 759.00 $303.60 

 Total for PARTNER 403.40 $306,180.60

DANIEL L. FORMAN SENIOR COUNSEL 7.30 759.00 $5,540.70 

 Total for SENIOR COUNSEL 7.30 $5,540.70

CHRISTOPHER M. HAYES ASSOCIATE 6.20 759.00 $4,705.80 

DANIEL DESATNIK ASSOCIATE 0.70 759.00 $531.30 

DAVID SIMON ASSOCIATE 50.60 759.00 $38,405.40 

ELLIOT STEVENS ASSOCIATE 8.90 759.00 $6,755.10 

MAJA ZERJAL ASSOCIATE 1.60 759.00 $1,214.40 

MEE R. KIM ASSOCIATE 3.20 759.00 $2,428.80 

NICHOLAS PELLEGRINO ASSOCIATE 1.90 759.00 $1,442.10 

STEVE MA ASSOCIATE 83.40 759.00 $63,300.60 

YOMARIE HABENICHT ASSOCIATE 73.80 759.00 $56,014.20 

 Total for ASSOCIATE 230.30 $174,797.70

CHRISTOPHER M. TARRANT LEGAL ASSISTANT 7.30 260.00 $1,898.00 

NATASHA PETROV LEGAL ASSISTANT 8.20 260.00 $2,132.00 

 Total for LEGAL ASSISTANT 15.50 $4,030.00

Total 656.50 $490,549.00

For Charges and Disbursements

Date Timekeeper Type Description Amount

08/01/2018 Brian S. Rosen REPRODUCTION REPRODUCTION $1.20 

08/02/2018 Brian S. Rosen REPRODUCTION REPRODUCTION $1.20 

08/02/2018 Daniel L. Forman REPRODUCTION REPRODUCTION $0.80 

08/03/2018 Janet D. Ross REPRODUCTION REPRODUCTION $0.10 

08/03/2018 Janet D. Ross REPRODUCTION REPRODUCTION $0.50 

08/06/2018 Brian S. Rosen REPRODUCTION REPRODUCTION $180.00 

08/07/2018 Janet D. Ross REPRODUCTION REPRODUCTION $0.60 

08/07/2018 Janet D. Ross REPRODUCTION REPRODUCTION $0.10 

08/08/2018 Brian S. Rosen REPRODUCTION REPRODUCTION $1.20 

08/10/2018 Brian S. Rosen REPRODUCTION REPRODUCTION $1.40 

08/10/2018 James P. Gerkis REPRODUCTION REPRODUCTION $0.20 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 76 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170166980 

0010 PROMESA TITLE III: COFINA Page 31 

Date Timekeeper Type Description Amount

08/10/2018 James P. Gerkis REPRODUCTION REPRODUCTION $0.20 

08/10/2018 Janet D. Ross REPRODUCTION REPRODUCTION $1.50 

08/10/2018 James P. Gerkis REPRODUCTION REPRODUCTION $0.50 

08/10/2018 James P. Gerkis REPRODUCTION REPRODUCTION $0.70 

08/10/2018 James P. Gerkis REPRODUCTION REPRODUCTION $0.30 

08/10/2018 James P. Gerkis REPRODUCTION REPRODUCTION $0.50 

08/10/2018 James P. Gerkis REPRODUCTION REPRODUCTION $0.40 

08/10/2018 Martin T. Hamilton REPRODUCTION REPRODUCTION $1.50 

08/10/2018 Brian S. Rosen REPRODUCTION REPRODUCTION $2.80 

08/10/2018 James P. Gerkis REPRODUCTION REPRODUCTION $0.20 

08/10/2018 James P. Gerkis REPRODUCTION REPRODUCTION $0.10 

08/13/2018 Janet D. Ross REPRODUCTION REPRODUCTION $1.10 

08/13/2018 Janet D. Ross REPRODUCTION REPRODUCTION $0.60 

08/13/2018 Janet D. Ross REPRODUCTION REPRODUCTION $1.80 

08/13/2018 Janet D. Ross REPRODUCTION REPRODUCTION $0.60 

08/13/2018 Janet D. Ross REPRODUCTION REPRODUCTION $1.00 

08/15/2018 Janet D. Ross REPRODUCTION REPRODUCTION $2.30 

08/16/2018 Steve MA REPRODUCTION REPRODUCTION $2.30 

08/16/2018 Steve MA REPRODUCTION REPRODUCTION $6.70 

08/20/2018 Virginia Vazquez REPRODUCTION REPRODUCTION $4.00 

08/20/2018 Virginia Vazquez REPRODUCTION REPRODUCTION $2.30 

08/20/2018 Virginia Vazquez REPRODUCTION REPRODUCTION $7.50 

08/20/2018 Virginia Vazquez REPRODUCTION REPRODUCTION $2.70 

08/20/2018 Virginia Vazquez REPRODUCTION REPRODUCTION $17.50 

08/20/2018 Virginia Vazquez REPRODUCTION REPRODUCTION $2.50 

08/20/2018 Virginia Vazquez REPRODUCTION REPRODUCTION $2.60 

08/20/2018 Virginia Vazquez REPRODUCTION REPRODUCTION $26.00 

08/20/2018 Virginia Vazquez REPRODUCTION REPRODUCTION $26.00 

08/20/2018 Virginia Vazquez REPRODUCTION REPRODUCTION $13.00 

08/20/2018 Virginia Vazquez REPRODUCTION REPRODUCTION $2.60 

08/21/2018 Virginia Vazquez REPRODUCTION REPRODUCTION $2.50 

08/21/2018 Janet D. Ross REPRODUCTION REPRODUCTION $2.30 

08/21/2018 Janet D. Ross REPRODUCTION REPRODUCTION $0.10 

08/21/2018 Janet D. Ross REPRODUCTION REPRODUCTION $0.30 

08/21/2018 Janet D. Ross REPRODUCTION REPRODUCTION $0.10 

08/21/2018 Janet D. Ross REPRODUCTION REPRODUCTION $0.10 

08/21/2018 Janet D. Ross REPRODUCTION REPRODUCTION $2.50 

08/22/2018 Virginia Vazquez REPRODUCTION REPRODUCTION $2.60 

08/22/2018 Virginia Vazquez REPRODUCTION REPRODUCTION $78.00 

08/22/2018 Virginia Vazquez REPRODUCTION REPRODUCTION $2.60 

08/22/2018 Elliot Stevens REPRODUCTION REPRODUCTION $0.80 

08/22/2018 Elliot Stevens REPRODUCTION REPRODUCTION $0.90 

08/22/2018 Elliot Stevens REPRODUCTION REPRODUCTION $3.60 

08/22/2018 Elliot Stevens REPRODUCTION REPRODUCTION $0.40 

08/22/2018 Janet D. Ross REPRODUCTION REPRODUCTION $2.60 

08/22/2018 Janet D. Ross REPRODUCTION REPRODUCTION $0.10 

08/22/2018 Janet D. Ross REPRODUCTION REPRODUCTION $0.20 

08/22/2018 Janet D. Ross REPRODUCTION REPRODUCTION $0.20 

08/22/2018 Janet D. Ross REPRODUCTION REPRODUCTION $7.60 

08/22/2018 Janet D. Ross REPRODUCTION REPRODUCTION $0.40 

08/22/2018 Janet D. Ross REPRODUCTION REPRODUCTION $0.20 

08/22/2018 Janet D. Ross REPRODUCTION REPRODUCTION $2.40 

08/22/2018 Janet D. Ross REPRODUCTION REPRODUCTION $6.40 

08/22/2018 Janet D. Ross REPRODUCTION REPRODUCTION $0.30 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 77 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170166980 

0010 PROMESA TITLE III: COFINA Page 32 

Date Timekeeper Type Description Amount

08/23/2018 Virginia Vazquez REPRODUCTION REPRODUCTION $2.70 

08/23/2018 Virginia Vazquez REPRODUCTION REPRODUCTION $2.70 

08/23/2018 Virginia Vazquez REPRODUCTION REPRODUCTION $1.40 

08/23/2018 Virginia Vazquez REPRODUCTION REPRODUCTION $1.30 

08/23/2018 Brian S. Rosen REPRODUCTION REPRODUCTION $6.00 

08/23/2018 Brian S. Rosen REPRODUCTION REPRODUCTION $30.00 

08/23/2018 Brian S. Rosen REPRODUCTION REPRODUCTION $3.00 

08/23/2018 Brian S. Rosen REPRODUCTION REPRODUCTION $6.00 

08/23/2018 Virginia Vazquez REPRODUCTION REPRODUCTION $0.10 

08/23/2018 Virginia Vazquez REPRODUCTION REPRODUCTION $2.50 

08/23/2018 Virginia Vazquez REPRODUCTION REPRODUCTION $4.20 

08/23/2018 Virginia Vazquez REPRODUCTION REPRODUCTION $0.10 

08/23/2018 Virginia Vazquez REPRODUCTION REPRODUCTION $1.40 

08/23/2018 Brian S. Rosen REPRODUCTION REPRODUCTION $6.00 

08/23/2018 Janet D. Ross REPRODUCTION REPRODUCTION $0.10 

08/23/2018 Janet D. Ross REPRODUCTION REPRODUCTION $2.80 

08/23/2018 Janet D. Ross REPRODUCTION REPRODUCTION $0.10 

08/23/2018 Janet D. Ross REPRODUCTION REPRODUCTION $2.50 

08/23/2018 Janet D. Ross REPRODUCTION REPRODUCTION $0.10 

08/24/2018 Maryam Bolouki REPRODUCTION REPRODUCTION $11.10 

08/26/2018 Virginia Vazquez REPRODUCTION REPRODUCTION $2.90 

08/26/2018 Brian S. Rosen REPRODUCTION REPRODUCTION $1.20 

08/27/2018 Virginia Vazquez REPRODUCTION REPRODUCTION $2.90 

08/27/2018 Virginia Vazquez REPRODUCTION REPRODUCTION $7.20 

08/27/2018 Virginia Vazquez REPRODUCTION REPRODUCTION $2.90 

08/27/2018 Virginia Vazquez REPRODUCTION REPRODUCTION $9.00 

08/28/2018 Virginia Vazquez REPRODUCTION REPRODUCTION $61.60 

08/28/2018 Virginia Vazquez REPRODUCTION REPRODUCTION $84.00 

08/28/2018 Janet D. Ross REPRODUCTION REPRODUCTION $2.80 

08/28/2018 Virginia Vazquez REPRODUCTION REPRODUCTION $11.00 

08/28/2018 Virginia Vazquez REPRODUCTION REPRODUCTION $15.00 

08/28/2018 Janet D. Ross REPRODUCTION REPRODUCTION $0.50 

08/28/2018 Janet D. Ross REPRODUCTION REPRODUCTION $2.80 

08/28/2018 Janet D. Ross REPRODUCTION REPRODUCTION $0.10 

08/28/2018 Janet D. Ross REPRODUCTION REPRODUCTION $0.20 

08/28/2018 Janet D. Ross REPRODUCTION REPRODUCTION $0.20 

08/28/2018 Janet D. Ross REPRODUCTION REPRODUCTION $0.10 

08/28/2018 Janet D. Ross REPRODUCTION REPRODUCTION $0.20 

08/28/2018 Janet D. Ross REPRODUCTION REPRODUCTION $2.10 

08/28/2018 Janet D. Ross REPRODUCTION REPRODUCTION $0.10 

08/28/2018 Janet D. Ross REPRODUCTION REPRODUCTION $2.00 

08/28/2018 Janet D. Ross REPRODUCTION REPRODUCTION $3.60 

08/28/2018 Janet D. Ross REPRODUCTION REPRODUCTION $0.20 

08/28/2018 Janet D. Ross REPRODUCTION REPRODUCTION $0.40 

08/28/2018 Janet D. Ross REPRODUCTION REPRODUCTION $2.60 

08/28/2018 Janet D. Ross REPRODUCTION REPRODUCTION $2.80 

08/28/2018 Janet D. Ross REPRODUCTION REPRODUCTION $0.90 

08/28/2018 Janet D. Ross REPRODUCTION REPRODUCTION $2.80 

08/28/2018 Janet D. Ross REPRODUCTION REPRODUCTION $6.80 

08/29/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $99.00 

08/29/2018 Virginia Vazquez REPRODUCTION REPRODUCTION $0.10 

08/29/2018 Virginia Vazquez REPRODUCTION REPRODUCTION $0.10 

08/29/2018 Virginia Vazquez REPRODUCTION REPRODUCTION $0.10 

08/29/2018 Virginia Vazquez REPRODUCTION REPRODUCTION $0.10 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 78 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170166980 

0010 PROMESA TITLE III: COFINA Page 33 

Date Timekeeper Type Description Amount

08/29/2018 Janet D. Ross REPRODUCTION REPRODUCTION $1.10 

08/29/2018 Janet D. Ross REPRODUCTION REPRODUCTION $0.10 

08/29/2018 Janet D. Ross REPRODUCTION REPRODUCTION $1.20 

08/29/2018 Virginia Vazquez REPRODUCTION REPRODUCTION $1.70 

08/29/2018 Janet D. Ross REPRODUCTION REPRODUCTION $3.00 

08/29/2018 Janet D. Ross REPRODUCTION REPRODUCTION $2.10 

08/29/2018 David Simon REPRODUCTION REPRODUCTION $0.80 

08/29/2018 David Simon REPRODUCTION REPRODUCTION $0.80 

08/29/2018 David Simon REPRODUCTION REPRODUCTION $0.60 

08/29/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $6.80 

08/29/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $3.60 

08/30/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.10 

08/30/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.10 

Total for REPRODUCTION $870.70

Date Timekeeper Type Description Amount

07/25/2018 Steve MA LEXIS LEXIS Connect and Comm Time - 

0:00:00 Searches - 0 Shepards and 

Autocite - 0 Lexsees and Lexstat - 0 

$787.00 

08/04/2018 Steve MA LEXIS LEXIS Connect and Comm Time - 

0:00:00 Searches - 0 Shepards and 

Autocite - 0 Lexsees and Lexstat - 0 

$1,053.00 

08/22/2018 Elliot Stevens LEXIS LEXIS Connect and Comm Time - 

0:00:00 Searches - 0 Shepards and 

Autocite - 0 Lexsees and Lexstat - 0 

$639.00 

08/23/2018 Elliot Stevens LEXIS LEXIS Connect and Comm Time - 

0:00:00 Searches - 0 Shepards and 

Autocite - 0 Lexsees and Lexstat - 0 

$2,165.00 

08/23/2018 Elliot Stevens LEXIS LEXIS Connect and Comm Time - 

0:00:00 Searches - 0 Shepards and 

Autocite - 0 Lexsees and Lexstat - 0 

$85.00 

Total for LEXIS $4,729.00

Date Timekeeper Type Description Amount

08/13/2018 Natasha Petrov WESTLAW WESTLAW Connect and Comm 

Time - 000000:00:00 WestChk and 

Other Trans - 0000000012 Lines 

$357.00 

Total for WESTLAW $357.00

Date Timekeeper Type Description Amount

08/13/2018 Steve MA OUT OF TOWN 

TRANSPORTATION 

OUT OF TOWN 

TRANSPORTATION Taxi Taxi/Car 

Service from JFK to hotel in New 

York - Steve Ma Meetings with 

COFINA Bondholders 

$65.31 

08/17/2018 Steve MA OUT OF TOWN 

TRANSPORTATION 

OUT OF TOWN 

TRANSPORTATION Taxi Taxi/Car 

Service from New York to JFK 

Steve Ma - Meetings with COFINA 

Bondholders 

$94.57 

Total for OUT OF TOWN 

TRANSPORTATION $159.88

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 79 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170166980 

0010 PROMESA TITLE III: COFINA Page 34 

Date Timekeeper Type Description Amount

08/13/2018 Steve MA OUT OF TOWN 

MEALS 

OUT OF TOWN MEALS Meals 

Dinner - Steve Ma Meetings with 

COFINA Bondholders 

$24.38 

08/14/2018 Steve MA OUT OF TOWN 

MEALS 

OUT OF TOWN MEALS Meals 

Dinner - Steve Ma Meetings with 

COFINA Bondholders 

$19.32 

08/15/2018 Steve MA OUT OF TOWN 

MEALS 

OUT OF TOWN MEALS Meals 

Dinner - Steve Ma Meetings with 

COFINA Bondholders Steve Ma 

$21.00 

08/17/2018 Steve MA OUT OF TOWN 

MEALS 

OUT OF TOWN MEALS Meals 

Dinner - Steve Ma Meetings with 

COFINA Bondholders 

$12.00 

Total for OUT OF TOWN MEALS $76.70

Date Timekeeper Type Description Amount

08/02/2018 Steve MA AIRPLANE AIRPLANE Airfare Service Fee - 

Steve Ma between Burbank, 

California to New York, August 12-

17 for meetings with COFINA 

Bondholders 

$6.00 

08/12/2018 Steve MA AIRPLANE AIRPLANE Airfare - Steve Ma 

between Burbank, California to New 

York, August 12-17 for meetings 

with COFINA Bondholders 

$602.40 

Total for AIRPLANE $608.40

Date Timekeeper Type Description Amount

08/13/2018 Steve MA LODGING LODGING Hotel - Lodging - Steve 

Ma in New York from Aug 13 to 

Aug 17 for meetings with COFINA 

Bondholders 

$1,386.40 

Total for LODGING $1,386.40

Date Timekeeper Type Description Amount

08/28/2018 Suzanne Kuszel DINNER 

VOUCHER/SWEB 

DINNER VOUCHER/SWEB Meals 

[REDACTED: Expense relating to 

court-ordered mediation] 

$432.03 

Total for DINNER 

VOUCHER/SWEB $432.03

Charges and Disbursements Summary

Type of Disbursements Amount

REPRODUCTION 870.70 

LEXIS 4,729.00 

WESTLAW 357.00 

OUT OF TOWN TRANSPORTATION 159.88 

OUT OF TOWN MEALS 76.70 

AIRPLANE 608.40 

LODGING 1,386.40 

DINNER VOUCHER/SWEB 432.03 

Total Expenses $8,620.11

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 80 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170166980 

0010 PROMESA TITLE III: COFINA Page 35 

Total Amount for this Matter $499,169.11

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 81 of 154
UNITED STATES DISTRICT COURT

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

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

PROMESA

Title III

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”), et al.,

Debtor.

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

PROMESA

Title III

No. 17 BK 3284-LTS

COVER SHEET TO SEVENTEENTH MONTHLY FEE APPLICATION OF

PROSKAUER ROSE LLP FOR COMPENSATION FOR FEES AND SERVICES

RENDERED OUTSIDE OF PUERTO RICO 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 (“COFINA”), FOR THE PERIOD 

SEPTEMBER 1, 2018 THROUGH SEPTEMBER 30, 2018

ALL FEES AND SERVICES IN THIS MONTHLY FEE STATEMENT 

WERE INCURRED OUTSIDE OF PUERTO RICO

 

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); and (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). (Title III case numbers are listed as Bankruptcy Case numbers due to software limitations).

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 82 of 154
2

Name of Applicant: Proskauer Rose LLP (“Proskauer”)

Authorized to Provide Professional Services 

to:

Financial Oversight and Management Board, 

as Representative for the Debtor Pursuant to

PROMESA Section 315(b)

Period for which compensation and 

reimbursement for fees and services outside of 

Puerto Rico is sought:

September 1, 2018 through September 30, 

2018

Amount of compensation sought as actual, 

reasonable and necessary:

$599,667.20

Amount of expense reimbursement sought as 

actual, reasonable and necessary:

$50,755.49 

Total Amount for this Invoice: $650,422.69

This is a: X monthly __ interim __ final application.

This is Proskauer’s seventeenth monthly fee application in these cases and is for fees and 

services rendered outside of Puerto Rico.

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 83 of 154
3

Principal Certification

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

______________________________________ 

Jaime A. El Koury 

General Counsel to the Financial Oversight and 

Management Board for Puerto Rico 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 84 of 154
4

On October 4, 2018 sent to:

FOMB: Co-Counsel for AAFAF:

Financial Oversight and Management Board O’Melveny & Myers LLP,

40 Washington Square South Times Square Tower

Office 314A 7 Times Square

New York, NY 10012 New York, NY 10036

Attn: Professor Arthur J. Gonzalez Attn: John J. Rapisardi, Esq.

FOMB Board Member Suzzanne Uhland, Esq.

 Diana M. Perez, Esq.

O’Neill & Borges LLC

250 Muñoz Rivera Ave., Suite 800 Marini Pietrantoni Muñiz LLC 

San Juan, PR 00918 MCS Plaza, Suite 500

Attn: Hermann D. Bauer, Esq. 255 Ponce de León Ave

San Juan, PR 00917

Attn: Luis C. Marini-Biaggi, Esq. 

Office of United States Trustee Carolina Velaz-Rivero, Esq.

Office of the United States Trustee for the District of 

Puerto Rico

Edificio Ochoa, 500 Tanca Street, Suite 301 Co-Counsel for the Official Committee of Retirees:

San Juan, PR 00901 Jenner & Block LLP

(In re: Commonwealth of Puerto Rico) 919 Third Avenue

New York, NY 10022-3908

Office of the United States Trustee for Region 21 Attn.: Robert Gordon, Esq.

75 Spring Street, SW, Room 362 Richard Levin, Esq.

Atlanta, GA 30303

Attn: Guy G. Gebhardt Jenner & Block LLP

 Acting United States Trustee (Region 21) 353 N. Clark Street

(In re: Commonwealth of Puerto Rico) Chicago, IL 60654

Attn.: Catherine Steege, Esq.

 Melissa Root, Esq.

Co-Counsel for the Official Committee of Unsecured 

Creditors:

Paul Hastings LLP Bennazar, García & Milián, C.S.P.

200 Park Avenue Edificio Union Plaza, PH-A 

New York, NY 10166 416 Avenida Ponce de León

Attn: Luc. A. Despins, Esq. Hato Rey, PR 00918

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

Casillas, Santiago & Torres, LLC 

El Caribe Office Building 

53 Palmeras Street, Ste. 1601 Puerto Rico Department of Treasury 

San Juan, Puerto Rico 00901-2419 PO Box 9024140

Attn: Juan J. Casillas Ayala, Esq. San Juan, PR 00902-4140

Alberto J. E. Añeses Negrón, Esq. Attn: Reylam Guerra Goderich, Deputy Assistant of 

 Central Accounting

Omar E. Rodríguez Pérez, CPA, Assistant

Co-Counsel for the Fee Examiner Secretary of Central Accounting

Godfrey & Kahn S.C. Angel L. Pantoja Rodríguez, Deputy Assistant of

One East Main Street, Suite 500 Internal Revenue and Tax Policy

Madison, WI 53703 Francisco Parés Alicea, Assistant Secretary of

Attn: Katherine Stadler Internal Revenue and Tax Policy

Francisco Peña Montañez, CPA, Assistant 

EDGE Legal Strategies, PSC Secretary of the Treasury

252 Ponce de León Avenue

Citibank Tower, 12th Floor

San Juan, PR 00918

Attn: Eyck O. Lugo

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 85 of 154
Summary of Legal Fees for the Period September 1, 2018 through September 30, 2018

5

COFINA - General

Task 

Code Matter Description Total BilledHours

Total Fees

Requested

201 Tasks relating to the Board, its Members, 

its Staff, its Advisors or its Consultants 2.60 $1,973.40

202 Legal Research 1.80 $1,366.20

204 Communications with Claimholders 24.40 $17,272.10

205

Communications with the Commonwealth 

and its Representatives of the 

Commonwealth or its Instrumentalities

0.20 $151.80

206 Documents Filed on Behalf of the Board 25.60 $19,430.40

210 Analysis and Strategy 13.70 $10,398.30

212 General Administration 1.80 $468.00

215 Plan of Adjustment and Disclosure 

Statement 488.50 $369,374.30

217 Tax 233.30 $177,074.70

218 Employment and Fee Applications 8.30 $2,158.00

Total 800.20 $599,667.20

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 86 of 154
Summary of Legal Fees for the Period September 1, 2018 through September 30, 2018

6

Professional Position/Title Department Hourly

Billing Rate

Total Billed

Hours

Total

Compensation

Brian S. Rosen Partner BSGR & B $759.00 139.70 $106,032.30

James P. Gerkis Partner Corporate $759.00 56.30 $42,731.70

Jeffrey W. Levitan Partner BSGR & B $759.00 75.70 $57,456.30

Martin T. Hamilton Partner Tax $759.00 46.90 $35,597.10

Michael A. Firestein Partner Litigation $759.00 0.20 $151.80

Paul Possinger Partner BSGR & B $759.00 0.70 $531.30

Ralph C. Ferrara Partner Litigation $759.00 3.50 $2,656.50

Richard M. Corn Partner Tax $759.00 38.80 $29,449.20

Stephen L. Ratner Partner Litigation $759.00 1.70 $1,290.30

Timothy W. Mungovan Partner Litigation $759.00 0.60 $455.40

Daniel L. Forman Senior Counsel Corporate $759.00 31.10 $23,604.90

Brandon C. Clark Associate Litigation $759.00 2.10 $1,593.90

Chris Theodoridis Associate BSGR & B $759.00 43.60 $33,092.40

Daniel Desatnik Associate BSGR & B $759.00 1.20 $910.80

Daniel Pollick Associate Corporate $759.00 6.00 $4,554.00

David Simon Associate Corporate $759.00 32.40 $24,591.60

Elliot Stevens Associate BSGR & B $759.00 24.00 $18,216.00

Maja Zerjal Associate BSGR & B $759.00 2.30 $1,745.70

Mee R. Kim Associate Litigation $759.00 2.60 $1,973.40

Nicholas Pellegrino Associate Corporate $759.00 35.20 $26,716.80

Sejin Park Associate Tax $759.00 69.50 $52,750.50

Steve Ma Associate BSGR & B $759.00 86.80 $65,881.20

Yomarie Habenicht Associate Tax $759.00 83.90 $63,680.10

TOTAL 784.80 $595,663.20

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 87 of 154
Summary of Legal Fees for the Period September 1, 2018 through September 30, 2018

7

Paraprofessional Position/Title Department Hourly

Billing Rate

Total Billed

Hours

Total

Compensation

Christopher M. Tarrant Legal Assistant BSGR & B $260.00 5.30 $1,378.00

Laura M. Geary Legal Assistant Litigation $260.00 1.40 $364.00

Natasha Petrov Legal Assistant BSGR & B $260.00 8.30 $2,158.00

Tiffany Miller Legal Assistant Labor & 

Employment $260.00 0.40 $104.00

TOTAL 15.40 $4,004.00

SUMMARY OF LEGAL FEES Hours

800.20

Fees

$599,667.20

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 88 of 154
Summary of Disbursements for the Period September 1, 2018 through September 30, 2018

8

EXPENSE CATEGORY AMOUNTS

Airplane $935.72

Dinner Voucher/Sweb $432.03

Food Service/Conf. Dining $46,576.17

Lexis $1,176.00

Lodging $785.02

Out Of Town Meals $40.00

Printing, Binding, Etc. $258.95

Reproduction $477.30

Taxi, Carfare, Mileage And Parking $74.30

Total $50,755.49

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 89 of 154
9

Proskauer 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 $539,700.48, and reimbursement of one-hundred percent (100%) of 

expenses incurred, in the amount of $50,755.49, for service rendered outside of Puerto Rico) in 

the total amount of $590,455.97. 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 90 of 154
10 

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, Proskauer Rose LLP 

does not have any debts owed to the Government of Puerto Rico or its instrumentalities. 

I further certify that, with respect to the fees and services rendered pursuant to this 

monthly fee statement, (i) Proskauer Rose LLP was not doing business in Puerto Rico and (ii) 

the services rendered by Proskauer Rose LLP were not performed in Puerto Rico. 

 ____________________________________ 

 Ann M. Ashton (pro hac vice) 

 

Proskauer Rose LLP 

 1001 Pennsylvania Avenue, NW 

Suite 600 South 

Washington, DC 20004-2533 

Tel: (202) 416-5825 

Fax: (202) 416-6899 

 

 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 91 of 154
Exhibit A

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 92 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170167966 

0010 PROMESA TITLE III: COFINA Page 1 

Summary of Time Billed by Task Hours Value

201 Tasks relating to the Board and Associated Members 2.60 $1,973.40 

202 Legal Research 1.80 $1,366.20 

204 Communications with Claimholders 24.40 $17,272.10 

205 Communications with the Commonwealth and its Representative 0.20 $151.80 

206 Documents Filed on Behalf of the Board 25.60 $19,430.40 

210 Analysis and Strategy 13.70 $10,398.30 

212 General Administration 1.80 $468.00 

215 Plan of Adjustment and Disclosure Statement 488.50 $369,374.30 

217 Tax 233.30 $177,074.70 

218 Employment and Fee Applications 8.30 $2,158.00 

Total 800.20 $599,667.20

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 93 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170167966 

0010 PROMESA TITLE III: COFINA Page 2 

Tasks relating to the Board and Associated Members -- 201

Date Timekeeper Task Description Hours Amount

09/01/18 Brian S. Rosen 201 Memorandum to J. El Koury regarding 

unanimous written consent on plan 

support agreement. 

0.30 $227.70 

09/02/18 Brian S. Rosen 201 Teleconference with N. Jaresko 

regarding GO action (0.20); 

Memorandum to N. Jaresko regarding 

same (0.10). 

0.30 $227.70 

09/06/18 Timothy W. 

Mungovan 

201 Communications with H. Bauer 

regarding writ of mandamus filed by 

Comisión Ciudadana para la Auditoría 

Integral del Crédito Público, Inc. for 

documents concerning COFINA. 

0.10 $75.90 

09/07/18 Brian S. Rosen 201 Memorandum to J. El Koury regarding 

vote. 

0.20 $151.80 

09/13/18 Brian S. Rosen 201 Review K. Rifkind e-mail addressing 

creditor rights (0.10); Memorandum to 

K. Rifkind regarding same (0.10); 

Review memorandum from N. Jaresko 

regarding same (0.10); Memorandum to 

N. Jaresko regarding same (0.10); 

Revise memorandum summarizing 

status for Board (0.30); Memorandum 

to N. Jaresko regarding timing issues 

(0.10). 

0.80 $607.20 

09/14/18 Brian S. Rosen 201 Teleconference with J. El Koury 

regarding Board involvement (0.30); 

Teleconference with N. Jaresko 

regarding same (0.30). 

0.60 $455.40 

09/14/18 Elliot Stevens 201 Review letter relating to claim against 

COFINA forwarded by B. Rosen (0.20); 

Review research relating to same (0.10). 

0.30 $227.70 

Tasks relating to the Board and Associated Members 2.60 $1,973.40

Legal Research -- 202

Date Timekeeper Task Description Hours Amount

09/07/18 James P. Gerkis 202 Review correspondence from B. Rosen 

and counsel for monolines regarding 

COFINA disclosure statement (0.20); 

Review description of new bonds for 

COFINA disclosure statement and 

related term sheet provisions (1.60). 

1.80 $1,366.20 

Legal Research 1.80 $1,366.20

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 94 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170167966 

0010 PROMESA TITLE III: COFINA Page 3 

Communications with Claimholders -- 204

Date Timekeeper Task Description Hours Amount

09/01/18 Brian S. Rosen 204 Review D. Brownstein memorandum 

regarding GO status (0.10); Review 

proposed changes to plan support 

agreement and letter (0.40). 

0.50 $379.50 

09/03/18 Brian S. Rosen 204 Review D. Brownstein memorandum 

regarding Commonwealth and GO 

status (0.10); Memorandum to D. 

Brownstein regarding same (0.10); 

Teleconference with D. Brownstein 

regarding same (0.20); Memorandum to 

D. Burke regarding autonomy letter 

(0.10); [REDACTED: Work relating to 

court-ordered mediation] (0.20); 

[REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.10); 

Memorandum to P. Friedman regarding 

timing (0.10); Teleconference with S. 

Uhland regarding timing (0.20). 

1.20 $910.80 

09/04/18 Brian S. Rosen 204 Review P. Friedman memorandum 

regarding GO position (0.10); 

Memorandum to P. Friedman regarding 

same (0.10); Revise amended and 

restated plan support agreement (0.60); 

Memorandum to M. Ellenberg, et al., 

regarding same (0.10); Review creditor 

memorandum regarding autonomy letter 

(0.10); Memorandum to creditor 

regarding same (0.20); Review 

memorandum from another creditor 

regarding plan support agreement 

(0.20); Memorandum to that creditor 

regarding same (0.10); Review 

memorandum regarding creditor 

acceptance (0.10); Memorandum to 

creditor regarding same (0.10); Revise 

plan support agreement (4.60). 

6.30 $4,781.70 

09/04/18 James P. Gerkis 204 Correspondence with B. Rosen, D. 

Forman, et al. regarding COFINA 

meetings. 

0.20 $151.80 

09/07/18 Paul Possinger 204 Call with certain bondholders 

bondholders regarding restructuring 

issues and timing. 

0.70 $531.30 

09/08/18 Brian S. Rosen 204 [REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.10). 

0.20 $151.80 

09/11/18 Steve MA 204 E-mail and call with Primeclerk 

regarding COFINA claims. 

0.20 $151.80 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 95 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170167966 

0010 PROMESA TITLE III: COFINA Page 4 

Date Timekeeper Task Description Hours Amount

09/11/18 Brian S. Rosen 204 [REDACTED: Work relating to courtordered mediation]. 0.50 $379.50 

09/12/18 Brian S. Rosen 204 [REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.30). 

0.50 $379.50 

09/12/18 Jeffrey W. Levitan 204 Review claims report. 0.10 $75.90 

09/13/18 Jeffrey W. Levitan 204 Review S. Ma e-mails regarding claims 

analysis. 

0.20 $151.80 

09/13/18 Christopher M. 

Tarrant 

204 Review e-mail and document from 

Alvarez Marshal regarding claims water 

fall chart. 

1.70 $442.00 

09/14/18 Brian S. Rosen 204 [REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.10). 

0.30 $227.70 

09/17/18 Elliot Stevens 204 Discuss creditor claim with B. Rosen 

(0.10); Draft response to creditor letter 

for B. Rosen (1.20). 

1.30 $986.70 

09/17/18 Steve MA 204 Review certain COFINA proofs of 

claim and forward to J. Levitan. 

0.20 $151.80 

09/17/18 Brandon C. Clark 204 Correspond with consultant regarding 

status of review of draft omnibus claim 

objections procedure motion (0.20); 

Call with internal legal team and 

external consultants regarding waterfall 

chart of COFINA claims (0.70); Call 

with B. Rosen regarding draft omnibus 

objections procedure motion (0.20); 

Address comments on draft omnibus 

procedure motion from B. Rosen (0.40). 

1.50 $1,138.50 

09/18/18 Elliot Stevens 204 Draft letter to creditor counsel regarding 

rejection damages and priority of claim 

for B. Rosen. 

1.40 $1,062.60 

09/18/18 Brian S. Rosen 204 [REDACTED: Work relating to courtordered mediation]. 0.10 $75.90 

09/19/18 Elliot Stevens 204 Draft letter to creditor relating to swap 

agreement rejection for B. Rosen. 

1.90 $1,442.10 

09/20/18 Christopher M. 

Tarrant 

204 Participate in call with B. Rosen. B. 

Clark and A/M team regarding 

COFINA claims (0.50); Follow-up 

communications with B. Rosen and B. 

Clark regarding same (0.30). 

0.80 $208.00 

09/20/18 Brandon C. Clark 204 Call with B. Rosen and outside 

consultants regarding draft waterfall 

chart summarizing proofs of claim filed 

against COFINA. 

0.50 $379.50 

09/21/18 Elliot Stevens 204 Revise creditor letter. 0.60 $455.40 

09/25/18 Brandon C. Clark 204 E-mail consultant J. Herriman regarding 

COFINA claims waterfall chart. 

0.10 $75.90 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 96 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170167966 

0010 PROMESA TITLE III: COFINA Page 5 

Date Timekeeper Task Description Hours Amount

09/26/18 Stephen L. Ratner 204 Conferences with B. Rosen, J. Levitan 

regarding potential resolution and 

procedural matters regarding same 

(0.40); Review stipulation and order 

regarding procedures regarding 

COFINA resolution (0.40). 

0.80 $607.20 

09/26/18 Brian S. Rosen 204 [REDACTED: Work relating to courtordered mediation] (0.30); 

[REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.50); 

[REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.30); 

[REDACTED: Work relating to courtordered mediation] (0.40); 

[REDACTED: Work relating to courtordered mediation] (0.20); 

[REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.20). 

2.20 $1,669.80 

09/29/18 Brian S. Rosen 204 [REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.10). 

0.20 $151.80 

09/30/18 Brian S. Rosen 204 [REDACTED: Work relating to courtordered mediation] (0.10); 

[REDACTED: Work relating to courtordered mediation] (0.10). 

0.20 $151.80 

Communications with Claimholders 24.40 $17,272.10

Communications with the Commonwealth and its Representatives -- 205

Date Timekeeper Task Description Hours Amount

09/17/18 Timothy W. 

Mungovan 

205 Communications with counsel for 

AAFAF regarding settlement 

discussions and status. 

0.20 $151.80 

Communications with the Commonwealth and its Representatives 0.20 $151.80

Documents Filed on Behalf of the Board -- 206

Date Timekeeper Task Description Hours Amount

09/20/18 Steve MA 206 Draft Bankruptcy Rule 9019 motion to 

approve settlement. 

7.20 $5,464.80 

09/21/18 Steve MA 206 Draft Bankruptcy Rule 9019 motion to 

approve settlement. 

8.40 $6,375.60 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 97 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170167966 

0010 PROMESA TITLE III: COFINA Page 6 

Date Timekeeper Task Description Hours Amount

09/22/18 Brian S. Rosen 206 Memorandum to J. Levitan regarding 

9019 motion. 

0.30 $227.70 

09/22/18 Jeffrey W. Levitan 206 E-mails B. Rosen regarding 9019 

motion (0.10); Review and comment on 

draft 9019 motion (2.30). 

2.40 $1,821.60 

09/23/18 Steve MA 206 Review comments from J. Levitan 

regarding Bankruptcy Rule 9019 

motion. 

0.20 $151.80 

09/23/18 Jeffrey W. Levitan 206 E-mail to S. Ma regarding revisions to 

9019 motion and disclosure statement. 

0.60 $455.40 

09/24/18 Jeffrey W. Levitan 206 E-mail to S. Ma regarding revised 9019 

motion and disclosure statement. 

0.60 $455.40 

09/24/18 Steve MA 206 Revise draft Bankruptcy Rule 9019 

Motion to approve settlement. 

5.10 $3,870.90 

09/25/18 Jeffrey W. Levitan 206 Conference with B. Rosen regarding 

9019 motion and disclosure statement 

(0.20); Review revised 9019 motion 

(0.30). 

0.50 $379.50 

09/26/18 Jeffrey W. Levitan 206 Conference with S. Ratner, B. Rosen 

regarding 9019 motion. 

0.30 $227.70 

Documents Filed on Behalf of the Board 25.60 $19,430.40

Analysis and Strategy -- 210

Date Timekeeper Task Description Hours Amount

09/06/18 James P. Gerkis 210 Participate in internal Proskauer team 

meeting regarding COFINA disclosure 

statement (0.90); Review draft 

disclosure statement (1.20). 

2.10 $1,593.90 

09/12/18 Ralph C. Ferrara 210 Review summary of COFINA fiscal 

plan. 

0.70 $531.30 

09/12/18 Yomarie Habenicht 210 Participate in weekly COFINA meeting. 1.00 $759.00 

09/12/18 Brian S. Rosen 210 Memorandum to M. Bienenstock 

regarding COFINA update (0.20); 

Teleconference with M. Bienenstock 

regarding same (0.20). 

0.40 $303.60 

09/12/18 Jeffrey W. Levitan 210 Conference with B. Rosen regarding 

preparation for call, status of drafting 

and negotiations (0.30); E-mail to P. 

Possinger regarding remedies (0.20); 

Conferences with B. Rosen regarding 

legislation, plan (0.20); E-mail with M. 

Zerjal regarding fiscal plan insert in 

connection with disclosure statement 

(0.10). 

0.80 $607.20 

09/13/18 Maja Zerjal 210 Review COFINA draft fiscal plan 

(0.80); Participate in call with 

McKinsey regarding COFINA fiscal 

plan (0.30). 

1.10 $834.90 

09/14/18 Ralph C. Ferrara 210 Review Commonwealth's informative 

motion with exhibits regarding 

COFINA plan of adjustment. 

1.60 $1,214.40 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 98 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170167966 

0010 PROMESA TITLE III: COFINA Page 7 

Date Timekeeper Task Description Hours Amount

09/17/18 David Simon 210 Review COFINA disclosure statement 

(1.60); Draft list of comments in 

preparation for drafting session (3.80). 

5.40 $4,098.60 

09/17/18 Timothy W. 

Mungovan 

210 Communications with B. Rosen 

regarding settlement discussions and 

status. 

0.10 $75.90 

09/18/18 Ralph C. Ferrara 210 Review summary regarding market 

values of COFINA debt service 

accounts. 

0.20 $151.80 

09/20/18 Ralph C. Ferrara 210 Review summary regarding motion 

seeking further extension of time to 

hold Judge Swain's summary judgment 

ruling in abeyance. 

0.20 $151.80 

09/24/18 David Simon 210 Correspondence with O'Melveny 

regarding COFINA settlement 

documentation and plan support 

agreement. 

0.10 $75.90 

Analysis and Strategy 13.70 $10,398.30

General Administration -- 212

Date Timekeeper Task Description Hours Amount

09/11/18 Tiffany Miller 212 Review COFINA proposed protective 

order. 

0.40 $104.00 

09/11/18 Laura M. Geary 212 Compile COFINA protective orders and 

produce redline comparisons to 

Commonwealth protective orders per A. 

Bargoot. 

1.40 $364.00 

General Administration 1.80 $468.00

Plan of Adjustment and Disclosure Statement -- 215

Date Timekeeper Task Description Hours Amount

09/01/18 Steve MA 215 E-mail with M. Zerjal regarding 

COFINA disclosure statement. 

0.10 $75.90 

09/02/18 Brian S. Rosen 215 Review and revise plan of adjustment. 2.70 $2,049.30 

09/03/18 Steve MA 215 Revise draft COFINA disclosure 

statement. 

2.90 $2,201.10 

09/04/18 Elliot Stevens 215 Draft COFINA disclosure statement 

approval motion for S. Ma (2.50); 

Discuss same with S. Ma (0.10). 

2.60 $1,973.40 

09/04/18 Yomarie Habenicht 215 Attend meeting with restructuring group 

and O’Melveny to discuss status of 

matter and drafting of COFINA 

disclosure statement. 

1.10 $834.90 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 99 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170167966 

0010 PROMESA TITLE III: COFINA Page 8 

Date Timekeeper Task Description Hours Amount

09/04/18 Jeffrey W. Levitan 215 E-mail to S. Ma regarding COFINA 

disclosure statement (0.10); Review 

plan support agreement and term sheet 

(0.40), Draft issues list (0.80); 

Conference with B.Rosen regarding 

COFINA meeting (0.10); Participate in 

meeting with B. Rosen, J. Gerkis, S. 

Uhland, et al regarding COFINA plan 

and disclosure statement (1.10); E-mail 

to J. Gerkis regarding disclosure 

statement (0.20); Teleconference with 

S. Ma regarding disclosure statement 

(0.10); Review draft of COFINA 

disclosure statement (1.20); Conference 

with J. Gerkis, S. Ma, D. Forman 

regarding drafting of disclosure 

statement (0.90); Review e-mail 

regarding solicitation (0.10); 

Teleconferences with S. Ma regarding 

disclosure statement (0.20); Review 

sample disclosure statement tables of 

contents (0.40); Review COFINA 

section of investigation report to 

identify sections for disclosure 

statement (0.60); Draft outline of 

disclosure statement (0.80); Review 

draft and precedents (0.90); E-mail to 

D. Forman regarding disclosure 

statement (0.20). 

8.10 $6,147.90 

09/04/18 James P. Gerkis 215 Review plan support agreement and 

term sheet (0.90); Participate in meeting 

B. Rosen, J. Levitan, S. Uhland, et al. 

regarding COFINA plan and disclosure 

statement (1.10); Correspondence with 

J. Levitan regarding disclosure 

statement (0.10); Conference with D. 

Forman regarding disclosure statement 

(0.30); Review draft of COFINA 

disclosure statement (0.80); Conference 

with J. Levitan, S. Ma, D. Forman 

regarding disclosure statement drafting 

(0.90); Review precedent disclosure 

statements tables of contents (0.50); 

Review various COFINA documents 

and precedents regarding disclosure 

statement (2.00). 

6.60 $5,009.40 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 100 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170167966 

0010 PROMESA TITLE III: COFINA Page 9 

Date Timekeeper Task Description Hours Amount

09/04/18 Daniel L. Forman 215 Meeting with J. Levitan, J. Gerkis, D. 

Simon and S. Ma regarding COFINA 

disclosure statement (0.8); Review of 

disclosure statement materials and term 

sheet (1.6); Review of precedent 

disclosure statements (0.6); Meetings 

with D. Simon regarding new bond 

descriptions and e-mails regarding same 

(0.6). 

3.60 $2,732.40 

09/04/18 Brian S. Rosen 215 Meeting with team regarding 

preparation of COFINA disclosure 

statement. 

0.70 $531.30 

09/04/18 Steve MA 215 Participate in meeting with O'Melveny 

and Proskauer teams regarding 

preparation of COFINA plan of 

adjustment and disclosure statement 

(1.00); Call with Proskauer corporate 

team regarding preparation of COFINA 

disclosure statement (0.80); Call with 

O'Melveny regarding preparation of 

COFINA disclosure statement (0.10); 

Begin draft of COFINA disclosure 

statement approval motion (0.70); 

Discuss same with E. Stevens (0.10); 

Update draft COFINA disclosure 

statement with plan term sheet and plan 

support agreement (4.40). 

7.10 $5,388.90 

09/04/18 David Simon 215 Meeting with team regarding COFINA 

disclosure statement (1.20); Review 

draft COFINA disclosure statement 

(2.70); Participate in corporate team 

meeting to discuss COFINA disclosure 

statement (0.90); Draft section of 

COFINA disclosure statement 

describing new bonds (3.00). 

7.80 $5,920.20 

09/05/18 Steve MA 215 Call with J. Levitan regarding revisions 

to COFINA disclosure statement (0.90); 

Revise draft COFINA disclosure 

statement (6.40). 

7.30 $5,540.70 

09/05/18 Daniel L. Forman 215 Communications with D. Pollick 

regarding bond description (0.50); Emails with D. Simon regarding bond 

description (0.20); Draft ballots and 

internal e-mails regarding same (2.10); 

Review precedent disclosure statement 

and e-mails regarding COFINA 

disclosure statement (0.50). 

3.30 $2,504.70 

09/05/18 James P. Gerkis 215 Correspondence with D. Forman, B. 

Rosen and J. Levitan regarding 

disclosure statement (0.30); Continue 

review of precedents for same (0.80); 

Review draft election ballot tag list as 

well as precedents (1.20). 

2.30 $1,745.70 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 101 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170167966 

0010 PROMESA TITLE III: COFINA Page 10 

Date Timekeeper Task Description Hours Amount

09/05/18 David Simon 215 Draft sections of COFINA disclosure 

statement. 

6.60 $5,009.40 

09/05/18 Jeffrey W. Levitan 215 Review and revise draft COFINA 

disclosure statement (1.90); Update 

outline of revised disclosure statement 

(0.90); Teleconference with S. Ma 

regarding revised disclosure statement 

and preparation for team meeting 

(1.10); E-mail with J. Gerkis regarding 

disclosure statement (0.30); Review B. 

Rosen e-mails regarding disclosure 

statement (0.10); Review Ambac brief 

for disclosure statement insert (0.30). 

4.60 $3,491.40 

09/05/18 Elliot Stevens 215 Draft COFINA disclosure statement 

approval motion. 

3.10 $2,352.90 

09/05/18 Daniel Pollick 215 Conference with team regarding 

overview and discussion of plan of 

adjustment (0.40); Review COFINA 

term sheet (2.40); E-mails with 

reviewing attorney regarding drafting 

collateral section (0.30); Draft collateral 

section covering COFINA restructuring 

bonds for disclosure statement (1.60); 

Communications with reviewing 

attorney (0.40); Revise draft collateral 

description for COFINA bonds (0.90). 

6.00 $4,554.00 

09/06/18 Elliot Stevens 215 Draft COFINA disclosure statement 

motion (1.30); Draft proposed 

disclosure statement order and 

schedules to same (4.10). 

5.40 $4,098.60 

09/06/18 Jeffrey W. Levitan 215 Review draft ballot (0.20); E-mail with 

S. Ma regarding revised COFINA 

disclosure statement (0.10); Conference 

with J. Gerkis, S. Ma, D. Forman 

regarding disclosure statement (0.80); 

Review sample risk factors (0.20); Email with B. Rosen regarding ballot 

(0.10); Review, note comments on 

revised disclosure statement (1.40); 

Conference with S. Ma regarding voting 

issues (0.20); Teleconference with D. 

Forman regarding ballots (0.10). 

3.10 $2,352.90 

09/06/18 Daniel L. Forman 215 Participate in internal meeting regarding 

COFINA disclosure statement (0.90); 

Review and revise bond disclosures 

(1.20); Follow-up e-mails regarding 

distribution elections (0.70). 

2.80 $2,125.20 

09/06/18 Steve MA 215 Call with Proskauer team regarding 

preparation of COFINA disclosure 

statement (0.80); Revise COFINA 

disclosure statement (6.90); Transmit 

disclosure statement and offering 

statement samples to Y. Habernicht 

(0.20). 

7.90 $5,996.10 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 102 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170167966 

0010 PROMESA TITLE III: COFINA Page 11 

Date Timekeeper Task Description Hours Amount

09/07/18 Daniel L. Forman 215 Draft revisions to COFINA bond 

disclosures. 

0.50 $379.50 

09/07/18 Jeffrey W. Levitan 215 Review B. Rosen e-mails regarding 

insurer disclosures (0.10); Review 

summary of new securities (0.20); 

Conferences with S. Ma regarding draft 

COFINA disclosure statement (0.20); 

Review and comment on revised draft 

disclosure statement (1.20). 

1.70 $1,290.30 

09/07/18 Brian S. Rosen 215 Revise autonomy letter (0.60); Revise 

plan support agreement (1.20); 

Memorandum to V. Wong, et. al. 

regarding change to term sheet (0.10); 

Review V. Wong memorandum 

regarding same (0.10); Memorandum to 

creditor regarding status term sheet 

changes and autonomy letter (0.30); 

Teleconference with D. Brownstein 

regarding same (0.30); Revise plan of 

adjustment (5.30); Memorandum to 

monolines regarding preparation of trust 

descriptions, etc. (0.40); Memorandum 

to creditor regarding plan support 

agreement/letter (0.10); Review creditor 

memorandum regarding term sheet 

changes (0.10); Responsive 

memorandum to regarding same (0.10); 

Memorandum to creditor regarding 

claim (0.10); Memorandum to S. 

Uhland regarding creditor letter (0.10). 

8.80 $6,679.20 

09/07/18 Elliot Stevens 215 Draft COFINA disclosure statement 

approval motion. 

1.40 $1,062.60 

09/07/18 Steve MA 215 Revise COFINA disclosure statement 

per revisions from restructuring team. 

1.70 $1,290.30 

09/08/18 Brian S. Rosen 215 Revise COFINA plan of adjustment 

(4.10); Revise term sheet exhibit (0.30). 

4.40 $3,339.60 

09/09/18 Brian S. Rosen 215 Revise COFINA plan of adjustment 

(7.10); Memorandum to parties 

regarding call on same (0.10). 

7.20 $5,464.80 

09/10/18 Brian S. Rosen 215 Memorandum to S. Uhland regarding 

status (0.10); Revise COFINA plan of 

adjustment (4.90). 

5.00 $3,795.00 

09/10/18 James P. Gerkis 215 Correspondence with S. Ma, et. al. 

regarding COFINA disclosure statement 

meeting (0.10); Conference with N. 

Pellegrino regarding same (0.20). 

0.30 $227.70 

09/10/18 Elliot Stevens 215 Draft COFINA disclosure statement 

approval motion. 

2.10 $1,593.90 

09/10/18 Christopher M. 

Tarrant 

215 Revise portions of disclosure statement. 1.40 $364.00 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 103 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170167966 

0010 PROMESA TITLE III: COFINA Page 12 

Date Timekeeper Task Description Hours Amount

09/10/18 Steve MA 215 Review draft COFINA disclosure 

statement approval motion (0.60); 

Schedule call with O'Melveny and 

Proskauer teams regarding COFINA 

disclosure statement (0.10); Revise draft 

COFINA disclosure statement (1.50); 

E-mail transmitting same to J. Levitan 

(0.10). 

2.30 $1,745.70 

09/11/18 Steve MA 215 E-mail to Habenicht regarding latest 

COFINA audited financial statements 

(0.10); Review and revise draft 

COFINA disclosure statement approval 

motion (2.70); Discussion with J. 

Levitan regarding comments on draft 

COFINA disclosure statement and 

agenda for call with O'Melveny (0.50); 

Draft agenda and table of contents to 

disclosure statement for call with 

O'Melveny (0.50). 

3.80 $2,884.20 

09/11/18 Christopher M. 

Tarrant 

215 Revise portions of COFINA disclosure 

statement. 

1.40 $364.00 

09/11/18 Jeffrey W. Levitan 215 E-mail with S. Ma regarding COFINA 

disclosure statement (0.10); 

Teleconference with J. Gerkis regarding 

plan, disclosure statement drafting 

(0.20); Teleconferences with S. Ma 

regarding disclosure statement drafting 

(0.90); Teleconference with M. 

Hamilton regarding tax sections (0.20); 

Review agenda for O'Melveny call and 

revised table of contents (0.10); Revise 

disclosure statement (3.10). 

4.60 $3,491.40 

09/11/18 Brian S. Rosen 215 Revise COFINA plan of adjustment 

(6.30); Revise autonomy letter (0.40); 

Teleconference with D. Brownstein 

regarding same (0.20); Review draft 

RFP regarding buying agent (0.20); 

Review creditor correspondence 

regarding same (0.10); Teleconference 

with creditor regarding hearing (0.20). 

7.40 $5,616.60 

09/11/18 James P. Gerkis 215 Correspondence with B. Rosen, S. Ma 

and N. Pellegrino regarding disclosure 

statement, meeting and related matters 

(0.20); Conference with J. Levitan 

regarding same (0.10); Review revised 

draft of disclosure statement (2.60); 

Review bond trustee RFP (0.20). 

3.10 $2,352.90 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 104 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170167966 

0010 PROMESA TITLE III: COFINA Page 13 

Date Timekeeper Task Description Hours Amount

09/12/18 Elliot Stevens 215 Research First Circuit case law on 

adequate information for COFINA 

disclosure statement (1.20); Incorporate 

language into disclosure statement 

approval motion (0.20); Research First 

Circuit cases approving electronic 

disclosure of materials to voting classes 

(1.60); E-mail on same to S. Ma (0.10). 

3.10 $2,352.90 

09/12/18 James P. Gerkis 215 Attend meeting with Proskauer and 

O'Melveny regarding COFINA 

disclosure statement status and next 

steps (1.30); Conference with J. Levitan 

regarding same (0.20); Review 

disclosure statement draft (0.80). 

2.30 $1,745.70 

09/12/18 Yomarie Habenicht 215 Call with O'Neill & Borges to discuss 

tax disclosure (0.40); Meeting with M. 

Hamilton and R. Corn to discuss 

research regarding tax treatment of 

COFINA (0.50); Research regarding 

treatment of COFINA as a 

governmental organization (2.60). 

3.50 $2,656.50 

09/12/18 Ralph C. Ferrara 215 Review summary regarding COFINA 

plan support agreement. 

0.80 $607.20 

09/12/18 Daniel L. Forman 215 Attend COFINA disclosure statement 

meeting with working group (2.10); 

Review RFP for trustee and comment 

(0.30). 

2.40 $1,821.60 

09/12/18 Brian S. Rosen 215 Review revision to letter autonomy 

(0.20); Memorandum to L. Burton 

regarding letter (0.10); Review creditor 

memorandum regarding status (0.10); 

Memorandum to creditor regarding 

same (0.10); Memorandum to M. 

Bienenstock regarding classes and 

confirmation (0.10); Revise autonomy 

letter (0.50); Revise term sheet (0.30); 

Revise plan (4.10). 

5.50 $4,174.50 

09/12/18 Steve MA 215 Participate in status call with 

O'Melveny and Proskauer teams 

regarding COFINA disclosure statement 

(0.50); Review and revise draft 

COFINA disclosure statement approval 

motion (4.70); Discussion with Y. 

Habenicht and J. Levitan regarding 

preparation of Puerto Rico tax 

disclosure for COFINA disclosure 

statement (0.20); Further revise 

COFINA disclosure statement (0.50). 

5.90 $4,478.10 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 105 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170167966 

0010 PROMESA TITLE III: COFINA Page 14 

Date Timekeeper Task Description Hours Amount

09/12/18 Jeffrey W. Levitan 215 Teleconference with Proskauer and 

AAFAF regarding status of disclosure 

statement and documentation (0.60); 

Conference with M. Hamilton regarding 

tax issues (0.20); Conference with J. 

Gerkis regarding disclosure statement 

(0.20); Review plan support agreement 

(0.10); Review COFINA disclosure 

statement (1.30). 

2.40 $1,821.60 

09/13/18 Jeffrey W. Levitan 215 Teleconference with M. Zerjal, S. Ma, 

McKinsey representatives regarding 

fiscal plan insert (0.40); E-mail with D. 

Forman regarding insert to disclosure 

statement (0.10); E-mail with S. Ma 

regarding revised draft insert (0.10); 

Revise COFINA disclosure statement 

(1.40); Teleconferences with J. Gerkis 

regarding COFINA disclosure statement 

(0.20); Teleconference with S. Ma 

regarding COFINA disclosure statement 

revisions (1.30); Conference with M. 

Zerjal regarding fiscal plan insert 

(0.10); Conference with B. Rosen 

regarding GO bond issues (0.30). 

3.90 $2,960.10 

09/13/18 Steve MA 215 Call with McKinsey regarding 

preparation of COFINA fiscal plan 

description for COFINA disclosure 

statement (0.30); Call with J. Levitan to 

discuss comments to COFINA 

disclosure statement (1.30); Revise 

COFINA disclosure statement (6.20); 

Conduct related research regarding 

same (2.60); Calls with Alvarez & 

Marsal and Primeclerk regarding claims 

and solicitation for COFINA disclosure 

statement (0.20). 

10.60 $8,045.40 

09/13/18 Maja Zerjal 215 Discuss fiscal plan with J. Levitan in 

connection with plan of adjustment. 

0.20 $151.80 

09/13/18 Brian S. Rosen 215 Memorandum to N. Jaresko, et al. 

regarding autonomy letter (0.30); 

Teleconference with N. Jaresko 

regarding same (0.20); Memorandum to 

creditor et al., regarding same (0.20); 

Memorandum to J. Rapisardi and S. 

Uhland regarding same (0.10); Review 

creditor memorandum regarding same 

(0.10); Revise autonomy letter (0.60); 

Memorandum to creditor regarding 

claim (0.10); Revise plan (3.20). 

4.80 $3,643.20 

09/13/18 Daniel L. Forman 215 Draft section of disclosure statement 

regarding bondholder elections. 

0.90 $683.10 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 106 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170167966 

0010 PROMESA TITLE III: COFINA Page 15 

Date Timekeeper Task Description Hours Amount

09/13/18 James P. Gerkis 215 Conferences with J. Levitan regarding 

COFINA disclosure statement (0.20); 

Conferences with N. Pellegrino 

regarding same (0.20); Correspondence 

with S. Ma regarding same (0.10); 

Review GDB solicitation statement and 

offering materials and other related 

documents as precedent (2.60). 

3.10 $2,352.90 

09/13/18 Elliot Stevens 215 Draft E-ballot section for COFINA 

disclosure statement approval motion 

(0.70); E-mail to S. Ma regarding same 

(0.10). 

0.80 $607.20 

09/14/18 Jeffrey W. Levitan 215 Review J. Gerkis e-mails regarding RFP 

(0.10); Review revised COFINA 

disclosure statement (0.80). 

0.90 $683.10 

09/14/18 James P. Gerkis 215 Correspondence with B. Rosen 

regarding bond trustee for new 

COFINA bonds (0.10); Review 

O'Melveny document regarding bond 

trustee for COFINA bonds (0.20); 

Correspondence with S. Uhland, M. 

Lovito, et. al. regarding same (0.20); 

Correspondence with N. Pellegrino and 

D. Simon regarding same (0.10). 

0.60 $455.40 

09/14/18 David Simon 215 Review correspondence with 

O'Melveny with respect to RFP for 

trustee. 

0.20 $151.80 

09/14/18 Brian S. Rosen 215 Conference call with creditor regarding 

derivative claim (0.60); Conference call 

with another creditor regarding issues 

(0.40); Letter to Board member 

regarding creditor letter (0.10); 

Memorandum to creditor regarding 

same (0.10); Revise letter 

agreement/autonomy letter (0.80); 

Memorandum to creditor regarding 

meetings (0.10); Review RFP for 

paying agent (0.30); Memorandum to J. 

Gerkis regarding same (0.10); 

Memorandum to creditor regarding 

Board involvement (0.10); Review 

memorandum of creditor regarding 

same (0.10); Respond to creditor 

memorandum (0.10); Memorandum to 

creditor regarding claim (0.10); 

Memorandum to D. Brownstein 

regarding same (0.10); Memorandum to 

creditor regarding status (0.10); Revise 

plan (2.10); Revise term sheet (0.30). 

5.50 $4,174.50 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 107 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170167966 

0010 PROMESA TITLE III: COFINA Page 16 

Date Timekeeper Task Description Hours Amount

09/15/18 James P. Gerkis 215 Correspondence with S. Uhland 

regarding AAFAF posting (0.10); 

Correspondence with J. Levitan 

regarding COFINA plan of adjustment 

(0.10); Review AAFAF posting (0.10); 

Review draft COFINA disclosure 

statement, documents referred to in 

same and precedents (1.40). 

1.70 $1,290.30 

09/15/18 Jeffrey W. Levitan 215 Review outline of COFINA tax 

disclosure (0.20); Review Uhland email regarding indenture trustees (0.10); 

E-mail to J. Gerkis regarding disclosure 

statement (0.20); Review revised 

disclosure statement (0.60). 

1.10 $834.90 

09/16/18 Brian S. Rosen 215 Memorandum to creditor regarding 

timing (0.40); Revise autonomy letter 

(0.30); Revise plan of adjustment 

(1.40). 

2.10 $1,593.90 

09/16/18 Daniel L. Forman 215 Review draft of disclosure statement 

and comments. 

1.50 $1,138.50 

09/17/18 Steve MA 215 E-mail Citi regarding COFINA 

bondholder information for COFINA 

disclosure statement (0.10); Conference 

call with Primeclerk regarding 

solicitation process (0.30); Draft outline 

of elections and voting under COFINA 

term sheet (1.20); Schedule call with 

O'Melveny and Proskauer teams 

regarding COFINA disclosure statement 

(0.10); Participate in conference call 

with Alvarez & Marsal regarding claims 

in connection with COFINA disclosure 

statement (0.50). 

2.20 $1,669.80 

09/17/18 James P. Gerkis 215 Correspondence with N. Pellegrino and 

D. Simon regarding draft disclosure 

statement (0.10); Correspondence with 

D. Forman regarding same (0.10); 

Prepare for meeting with Proskauer, 

O'Melveny and Nixon Peabody 

attorneys regarding disclosure 

statement, plan of adjustment issues and 

related matters (2.70); Prepare for 

internal Proskauer disclosure statement 

drafting session (1.10). 

4.00 $3,036.00 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 108 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170167966 

0010 PROMESA TITLE III: COFINA Page 17 

Date Timekeeper Task Description Hours Amount

09/17/18 Jeffrey W. Levitan 215 Teleconference with S. Ma, A&M 

representatives regarding claims 

analysis, voting issues, claims 

disclosure (0.60); Conference with B. 

Rosen regarding status of documents 

(0.10); E-mail insurer's counsel 

regarding descriptions (0.10); 

Participate in call with S. Ma, Prime 

clerk representatives regarding 

distributions (0.30); Teleconference 

with S. Ma regarding drafting 

disclosure statement (0.20). 

1.30 $986.70 

09/17/18 Daniel L. Forman 215 Review descriptions for treatment of 

holders of insured bonds and trusts from 

respective counsels. 

0.80 $607.20 

09/18/18 Daniel L. Forman 215 Attend COFINA disclosure statement 

meeting with working group (0.90); 

Attend drafting session for disclosure 

statement with internal Proskauer 

working group (1.10); Review drafting 

items from session (0.70). 

2.70 $2,049.30 

09/18/18 Jeffrey W. Levitan 215 Review S. Ma summary of elections 

(0.30); Review creditors' inserts to 

disclosure statement and plan (0.60); Email with S. Ma regarding bond issues 

(0.10); Review and comment on draft 

disclosure statement to prepare for 

meeting (1.10); Teleconference with B. 

Rosen, J. Gerkis, M. Hamilton, Nixon 

Peabody representatives et. al. 

regarding disclosure statement issues 

(0.90); Conference with J. Gerkis, S. 

Ma, D. Simon regarding disclosure 

statement revisions (1.10). 

4.10 $3,111.90 

09/18/18 Nicholas Pellegrino 215 Attend meeting relating to status of 

disclosure statement (0.90); Attend 

internal corporate meeting for review of 

draft disclosure statement (1.10); 

Review and revise disclosure statement 

(3.60); Meeting with D. Simon 

regarding additional changes to 

disclosure statement (0.30); Incorporate 

revisions from D. Simon and J. Gerkis 

into disclosure statement (2.70). 

8.60 $6,527.40 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 109 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170167966 

0010 PROMESA TITLE III: COFINA Page 18 

Date Timekeeper Task Description Hours Amount

09/18/18 James P. Gerkis 215 Meeting with O'Melveny, Nixon 

Peabody and Proskauer regarding 

COFINA disclosure statement (0.90); 

Attend internal meeting regarding 

COFINA disclosure statement (1.10); 

Continue review of COFINA disclosure 

statement, documents referred to same 

and precedents (1.80); Review 

disclosure statement inserts from 

creditors (1.40); Correspondence with 

N. Pellegrino and D. Simon regarding 

disclosure statement inserts (0.10); 

Review correspondence from B. Rosen 

regarding plan support agreement and 

term sheet (0.10); Review draft 

amended and restated plan support 

agreement and term sheet and 

comments on same (0.60); Review 

correspondence from S. Ma regarding 

disclosure statement (0.10); Review 

correspondence from creditor regarding 

disclosure insert (0.10). 

6.20 $4,705.80 

09/18/18 David Simon 215 Attend COFINA disclosure statement 

drafting session (1.10); Review 

disclosure statement insert for COFINA 

disclosure statement circulated by Weil 

(0.80); Review description of trust for 

COFINA disclosure statement (0.80); 

Attend COFINA disclosure statement 

meeting (0.90); Revise and update 

COFINA disclosure statement (3.00). 

6.60 $5,009.40 

09/18/18 Maja Zerjal 215 Participate in COFINA disclosure 

statement call (0.80); Discuss COFINA 

disclosure statement with S. Ma (0.20). 

1.00 $759.00 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 110 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170167966 

0010 PROMESA TITLE III: COFINA Page 19 

Date Timekeeper Task Description Hours Amount

09/18/18 Steve MA 215 Participate in call with O'Melveny 

regarding COFINA disclosure statement 

(0.70); Coordinate meeting with 

O'Melveny regarding COFINA 

disclosure statement (0.10); E-mail with 

S. Park regarding COFINA disclosure 

statement tax disclosures (0.10); E-mail 

O'Melveny regarding additional 

COFINA disclosure statement questions 

(0.10); Call with M. Zerjal regarding 

sections of COFINA disclosure 

statement (0.10); Review comments to 

COFINA disclosure statement (0.70); 

Draft insert summary of plan support 

agreement (0.40); Conference call with 

Proskauer team regarding comments 

and review of draft COFINA disclosure 

statement (1.30); Review and finalize 

draft overview of COFINA plan of 

adjustment elections and voting (0.20); 

Review e-mail from Y. Habenicht 

regarding COFINA disclosure statement 

insurer inserts (0.10). 

3.80 $2,884.20 

09/18/18 Brian S. Rosen 215 Memorandum to creditor regarding plan 

of adjustment and related issues (0.10); 

Revise term sheet and plan support 

agreement and distribute to group 

(1.20); Memorandum to creditor 

regarding same (0.10); Memorandum to 

another creditor regarding status (0.10); 

Meeting with internal team regarding 

preparation of plan and disclosure 

statement (1.10); Office conference 

with M. Hamilton regarding same 

(0.30); Teleconference with D. 

Brownstein regarding tax credits (0.30); 

Memorandum to D. Brownstein 

regarding same (0.10); Review 

memorandum regarding impact on 

certain creditors (0.10); Memorandum 

to D. Brownstein regarding same (0.10); 

Teleconference with D. Brownstein 

regarding same (0.30); Memorandum to 

creditor regarding posting (0.10); 

Memorandum to C. Pullo regarding 

plan solicitation (0.10); Memorandum 

to Nixon Peabody regarding trust 

descriptions (0.10); Memorandum to 

team regarding impact on certain 

creditors (0.10). 

4.20 $3,187.80 

09/18/18 Yomarie Habenicht 215 Participate in weekly meeting with 

Proskauer team. 

0.90 $683.10 

09/19/18 Brian S. Rosen 215 Revise plan. 3.10 $2,352.90 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 111 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170167966 

0010 PROMESA TITLE III: COFINA Page 20 

Date Timekeeper Task Description Hours Amount

09/19/18 Steve MA 215 Review and revise draft COFINA 

disclosure statement, including changes 

from N. Pellegrino (2.90); Call with 

Primeclerk regarding meeting to 

dismiss solicitation procedures for 

COFINA plan (0.10); E-mail to S. Park 

regarding COFINA bonds and tax 

disclosures (0.20). 

3.20 $2,428.80 

09/19/18 Nicholas Pellegrino 215 Draft COFINA disclosure statement 

(5.10). Meeting with J. Gerkis and 

discussion with S. Ma regarding same 

(0.40); Review and revise to draft 

(1.70). 

7.20 $5,464.80 

09/19/18 James P. Gerkis 215 Review correspondence from creditor 

regarding disclosure statement (0.10); 

Review redline of COFINA plan 

support agreement (0.20). 

0.30 $227.70 

09/20/18 Jeffrey W. Levitan 215 E-mail to N. Pellegrino regarding 

disclosure statement (0.10); Review and 

comment on revised disclosure 

statement (1.90); Teleconference with 

S. Ma regarding disclosure statement 

(0.20). 

2.20 $1,669.80 

09/20/18 Steve MA 215 E-mail with S. Park regarding COFINA 

plan treatment for creditors. 

0.20 $151.80 

09/20/18 David Simon 215 Review and provide comments on 

updated disclosure statement circulated 

by N. Pellegrino. 

3.10 $2,352.90 

09/20/18 James P. Gerkis 215 Review revised disclosure statement 

(1.40); Review correspondence from B. 

Rosen regarding final term sheet (0.20); 

Review final term sheet and plan 

support agreement (0.40); Review 

correspondence from D. Buckley 

regarding same (0.10). 

2.10 $1,593.90 

09/20/18 Nicholas Pellegrino 215 Revise COFINA disclosure statement 

(1.30); Review and revise draft 

disclosure (0.70); Incorporate 

comments from D. Simon into same 

(1.10); E-mail to internal team 

distributing draft (0.30). 

3.40 $2,580.60 

09/20/18 Daniel L. Forman 215 Draft risk factors for COFINA 

disclosure statement (0.80); Review and 

comment on new draft of disclosure 

statement (1.10). 

1.90 $1,442.10 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 112 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170167966 

0010 PROMESA TITLE III: COFINA Page 21 

Date Timekeeper Task Description Hours Amount

09/20/18 Brian S. Rosen 215 Memorandum to creditor regarding call 

(0.10); Conference call with creditor 

regarding plan status (0.30); 

Teleconference with D. Brownstein 

regarding note amortization (0.30); 

Memorandum to various creditor 

regarding status (0.30); Review K. 

Leituni motion regarding CUSIP (0.10); 

Teleconference with J. Castiglioni 

regarding same (0.10); Memorandum to 

K. Leituni regarding same (0.10); 

Revise plan of adjustment (5.60); 

Review memorandum regarding 

consummation cost (0.10); 

Memorandum to D. Brownstein 

regarding same (0.10); Revise term 

sheet (0.90); Revise plan support 

agreement (0.80); Memorandum to 

various creditor regarding plan support 

agreement (0.40); Memorandum to 

Board regarding posting (0.10); Revise 

joinder (0.10); Memorandum to E. Kay 

regarding same (0.10); Revise press 

release (0.30); Teleconference with M. 

Vizcarrondo regarding same (0.30); 

Teleconference with J. Habenicht 

regarding plan support agreement 

(0.20); Teleconference with S. Uhland 

regarding execution and press release 

(0.40); Memorandum to certain 

creditors regarding execution (0.60); 

Memorandum to creditor regarding 

payment (0.20); Memorandum to 

parties regarding signatures (0.40); 

Memorandum to various creditor 

regarding press release (0.40). 

12.30 $9,335.70 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 113 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170167966 

0010 PROMESA TITLE III: COFINA Page 22 

Date Timekeeper Task Description Hours Amount

09/21/18 Brian S. Rosen 215 Revise plan support agreement and term 

sheet (1.70); Revise press release 

(0.60); Teleconference with M. 

Vizarrondo regarding same (0.20); 

Teleconference with S. Uhland 

regarding posting (0.30); Memorandum 

to N. Jaresko regarding execution of 

autonomy letter (0.10); Memorandum to 

S. Uhland regarding same (0.10); 

Memorandum to creditor regarding 

release (0.10); Revise 

Commonwealth/COFINA dispute 

settlement agreement (0.80); 

Memorandum to M. Feldman, et al., 

regarding press issues (0.20); 

Memorandum to M. Feldman regarding 

meeting (0.10); Teleconference with N. 

Jaresko regarding timing (0.20); Revise 

tax letter regarding COFINA (0.20); 

Teleconference with S. Segron 

regarding same (0.20); Memorandum to 

S. Ma regarding prime clerk meeting 

(0.10); Memorandum to creditor 

regarding autonomy letter (0.10); 

Memorandum to M. Hamilton regarding 

calendar (0.10); Review and revise 

same (0.30); Further revise plan of 

adjustment (5.90); Memorandum to E. 

Stevens regarding claim letter (0.10). 

11.40 $8,652.60 

09/21/18 Michael A. Firestein 215 Review plan support agreement 

materials for impact on related matters. 

0.20 $151.80 

09/21/18 Nicholas Pellegrino 215 Review and revise COFINA disclosure 

statement. 

0.30 $227.70 

09/21/18 Jeffrey W. Levitan 215 Conference with S. Ma regarding 

settlement motion (0.20); E-mail to B. 

Rosen regarding solicitation (0.10); 

Conference with B. Rosen regarding 

settlement (0.10); Review B. Rosen email, revised settlement agreement 

(0.20); Review revised plan support 

agreement and term sheet (0.20); E-mail 

to J. Gerkis regarding disclosure 

statement revisions (0.20). 

1.00 $759.00 

09/21/18 Steve MA 215 Prepare for meeting with Prime Clerk 

regarding solicitation procedures for 

COFINA plan. 

0.20 $151.80 

09/21/18 Yomarie Habenicht 215 Finalize amended plan support 

agreement, term sheet and signature 

pages. 

1.60 $1,214.40 

09/22/18 Brian S. Rosen 215 Revise plan of adjustment (7.70); 

Review draft legislation (0.70); 

Memorandum to M. Rodriguez 

regarding same (0.10). 

8.50 $6,451.50 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 114 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170167966 

0010 PROMESA TITLE III: COFINA Page 23 

Date Timekeeper Task Description Hours Amount

09/22/18 Jeffrey W. Levitan 215 Review and comment on revised 

disclosure statement. 

0.80 $607.20 

09/23/18 Brian S. Rosen 215 Review and revise plan (2.10); 

Memorandum to creditor regarding 

same (0.10). 

2.20 $1,669.80 

09/24/18 Brian S. Rosen 215 Meeting with creditors regarding 

settlement agreement (0.50); Meeting 

with creditors and McKinsey regarding 

revised structure (0.70); Meeting with 

creditor regarding plan revisions (1.30); 

Revise plan of adjustment (6.20); 

Memorandum to COFINA team 

regarding plan timing (0.10); 

Memorandum to S. Uhland regarding 

legislation (0.10); Teleconference with 

D. Brownstein regarding creditor 

meeting (0.30). 

9.20 $6,982.80 

09/25/18 Nicholas Pellegrino 215 Participate in call regarding status of 

plan, disclosure statement, and related 

matters (0.90); Meeting with Prime 

Clerk regarding preparations for 

balloting and elections (1.40); Meeting 

with D. Forman regarding drafting 

revisions to ballot and election form 

(0.40); Review and revise ballot (0.90). 

3.60 $2,732.40 

09/25/18 James P. Gerkis 215 Prepare for Proskauer, O'Melveny and 

Nixon Peabody meeting regarding 

disclosure statement status, plan status 

and related matters (0.70); Attend 

Proskauer, O'Melveny and Nixon 

Peabody meeting regarding same 

(0.90); Review correspondence from S. 

Ma regarding next meeting (0.20); 

Review correspondence from B. Rosen 

regarding draft plan of adjustment 

(0.10); Review draft plan of adjustment 

(0.60). 

2.50 $1,897.50 

09/25/18 Brian S. Rosen 215 Memorandum to creditors regarding 

meeting and settlement agreement 

(0.10); Review draft agreement (0.30) 

Memorandum to another creditor 

regarding same (0.10); Revise plan of 

adjustment for distribution (5.20); 

Memorandum to creditor regarding 

options (0.10); Memorandum to S. 

Uhland regarding legislation (0.10); 

Meeting with disclosure statement team 

(0.90); Meeting with PrimeClerk, et al., 

regarding solicitation (1.20). 

8.00 $6,072.00 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 115 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170167966 

0010 PROMESA TITLE III: COFINA Page 24 

Date Timekeeper Task Description Hours Amount

09/25/18 David Simon 215 Revise disclosure statement to account 

for changes to term sheet (0.20); 

Participate in meeting regarding 

disclosure statement update (0.80); 

Meeting with Prime Clerk to discuss 

ballot and election forms/process (1.40); 

Meeting with N. Pellegrino to provide 

update on ballot/election form process 

(0.20). 

2.60 $1,973.40 

09/25/18 Steve MA 215 Participate in call with O'Melveny 

regarding COFINA disclosure statement 

and plan updates (0.70); Revise draft 

COFINA disclosure statement (1.10); 

Participate in meeting/call with Prime 

Clerk regarding solicitation procedures 

and logistics (1.40); Revise draft 

COFINA disclosure statement based on 

draft plan of adjustment (3.10). 

6.30 $4,781.70 

09/25/18 Daniel L. Forman 215 Participate in call regarding disclosure 

statement (0.90); Meet with Prime 

Clerk regarding ballot and election 

process (1.30); Follow-up meeting with 

N. Pellegrino regarding preparation of 

ballots and election forms (0.30). 

2.50 $1,897.50 

09/25/18 Jeffrey W. Levitan 215 Review draft disclosure statement 

(1.10); Attend meeting with disclosure 

statement working group (0.80); 

Conference with D. Simon regarding 

disclosure statement (0.10); Conference 

with D. Forman regarding ballots 

(0.10); Conference with Prime Clerk 

representatives, B. Rosen, et. al. 

regarding solicitation (1.40); Telephone 

conferences with S. Ma regarding 

disclosure statement (0.30); Review 

solicitation timeline (0.10); Review 

Prime Clerk comparison of solicitation 

methods (0.30); Teleconference with M. 

Hamilton regarding tax disclosure 

(0.20); Review B. Rosen distribution email regarding plan (0.10); Review S. 

Ma e-mail regarding revised disclosure 

statement (0.10). 

4.60 $3,491.40 

09/26/18 Brian S. Rosen 215 Review and revise draft legislation 

(0.30); Memorandum to M. Rodriguez 

regarding same (0.10); Meeting with J. 

Levitan, et al. regarding plan comments 

(0.50); Revise plan of adjustment for 

distribution (4.80); Revise COFINA 

settlement calendar (0.40); 

Memorandum to J. Hertzberg regarding 

plan (0.10). 

6.20 $4,705.80 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 116 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170167966 

0010 PROMESA TITLE III: COFINA Page 25 

Date Timekeeper Task Description Hours Amount

09/26/18 James P. Gerkis 215 Telephone call with J. Levitan 

regarding status of plan documents 

(0.20); Review draft plan of adjustment 

(0.90); Review correspondence from B. 

Rosen regarding plan of adjustment 

(0.10). 

1.20 $910.80 

09/26/18 Daniel L. Forman 215 Review draft plan of adjustment and 

disclosure statement. 

2.20 $1,669.80 

09/26/18 Nicholas Pellegrino 215 Review draft plan of adjustment per J. 

Levitan (1.10); Review and revise draft 

COFINA disclosure statement (1.80); 

Discussions with C. Theodoridis 

regarding revisions to disclosure 

statement (0.30); Discussions with D. 

Forman, D. Simon, and J. Levitan 

regarding draft ballots and disclosure 

statement draft changes (0.30). 

3.50 $2,656.50 

09/26/18 Jeffrey W. Levitan 215 Conferences with C. Theodoridis 

regarding disclosure statement revisions 

(0.80); Conferences with B. Rosen 

regarding disclosure statement (0.30); 

Review draft plan of adjustment (3.6); 

Teleconference with D. Forman, N. 

Pellegrino regarding ballots, disclosure 

statement (0.10); Teleconference with J. 

Gerkis regarding plan and disclosure 

statement (0.20); Conference with B. 

Rosen regarding plan (0.30); Edit 

revised disclosure statement (2.70); 

Compare same to amended plan support 

agreement and plan of adjustment 

(0.60). 

8.60 $6,527.40 

09/26/18 Stephen L. Ratner 215 Conferences with B. Rosen, E. Barak 

regarding plan of adjustment (0.60); 

Review draft plan of adjustment (0.10). 

0.70 $531.30 

09/26/18 Chris Theodoridis 215 Review and revise COFINA disclosure 

statement (9.10); Conduct research 

regarding same (6.20). 

15.30 $11,612.70 

09/27/18 Nicholas Pellegrino 215 Review and revise COFINA disclosure 

statement per C. Theodoridis and J. 

Levitan. 

2.40 $1,821.60 

09/27/18 James P. Gerkis 215 Telephone call with M. Lotito regarding 

COFINA plan of adjustment (0.10); 

Conference with N. Pellegrino 

regarding disclosure statement (0.10); 

Review correspondence from C. 

Theodoridis regarding same (0.10); 

Conferences with J. Levitan regarding 

same (0.20); Review draft COFINA 

plan of adjustment, revised draft of 

COFINA disclosure statement, draft tax 

disclosure and related documents in 

preparation for internal drafting session 

(6.90). 

7.40 $5,616.60 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 117 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170167966 

0010 PROMESA TITLE III: COFINA Page 26 

Date Timekeeper Task Description Hours Amount

09/27/18 Jeffrey W. Levitan 215 E-mails with C. Theodoridis regarding 

revised plan of adjustment (0.30); 

Telephone conferences with C. 

Theodoridis regarding disclosure 

statement (0.90); Teleconference with J. 

Gerkis regarding plan and disclosure 

statement (0.20); Review revisions to 

plan (0.40); Revise disclosure statement 

(3.10); Teleconference with D. Forman 

regarding disclosure statement (0.10); 

E-mails with B. Rosen regarding 

solicitation, disclosure statement (0.30); 

Conference with C. Theodoridis 

regarding revisions to disclosure 

statement (0.90); Review revised plan 

support agreement description and email exchange from D. Forman on same 

(0.30). 

6.50 $4,933.50 

09/27/18 Stephen L. Ratner 215 Review draft plan of adjustment. 0.10 $75.90 

09/27/18 Daniel Desatnik 215 Revise adversary proceeding summaries 

for COFINA disclosure statement. 

0.40 $303.60 

09/27/18 Daniel L. Forman 215 Review revised drafts of disclosure 

statement and plan (2.80); Revise plan 

support agreement section of disclosure 

statement (0.80); Call with N. 

Pellegrino regarding same (0.10). 

3.70 $2,808.30 

09/27/18 Chris Theodoridis 215 Discussion with Confer with J. Levitan 

regarding COFINA disclosure statement 

(0.90); Review and revise COFINA 

disclosure statement (7.40); Conduct 

research regarding same (3.30); Review 

COFINA plan of adjustment (5.30). 

16.90 $12,827.10 

09/28/18 James P. Gerkis 215 Participate in review revised disclosure 

statement (1.90); internal Proskauer 

team meeting regarding disclosure 

statement revisions (1.60); 

Correspondence with C. Theodoridis 

regarding disclosure statement (0.10); 

Conferences with J. Levitan and D. 

Forman regarding same (0.30). 

3.90 $2,960.10 

09/28/18 Chris Theodoridis 215 Discussion with J. Levitan, J. Gerkis, D. 

Forman, and N. Pellegrino regarding 

COFINA disclosure statement (1.20); 

Review and revise COFINA disclosure 

statement (7.10); Conduct research 

regarding same (3.10). 

11.40 $8,652.60 

09/28/18 Daniel L. Forman 215 Attend meeting on disclosure statement 

(1.30); Revise sections of disclosure 

statement regarding securities laws 

(1.00). 

2.30 $1,745.70 

09/28/18 Mee R. Kim 215 E-mails with M. Zerjal regarding draft 

plan of adjustment review. 

0.20 $151.80 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 118 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170167966 

0010 PROMESA TITLE III: COFINA Page 27 

Date Timekeeper Task Description Hours Amount

09/28/18 Jeffrey W. Levitan 215 Review and revise disclosure statement 

(2.10); Conference with C. Theodoridis, 

J. Gerkis, N. Pellegrino, D. Forman 

regarding disclosure statement revisions 

(1.60); E-mail to T. Green regarding 

fiscal plan (0.10); E-mails with B. 

Rosen regarding scheduling (0.20); 

Conferences with C. Theodoridis 

regarding disclosure statement (1.10); 

Teleconference with H. Bauer regarding 

translations (0.10); Review draft voting 

procedures motion (0.30); Review 

revised securities section (0.10); E-mail 

to D. Forman regarding same (0.10); 

Teleconference with D. Forman 

regarding trust certificates (0.20); Edit 

revised disclosure statement (0.80); 

Draft distribution e-mail (0.30); E-mail 

to B. Rosen regarding distribution 

(0.10); E-mails to C. Theodoridis 

regarding disclosure statement (0.30). 

7.40 $5,616.60 

09/28/18 Nicholas Pellegrino 215 Meeting with internal team to review 

and revise draft COFINA disclosure 

statement (1.40); Review and revise 

disclosure statement defined terms 

(2.80); Discussions with C. Theodoridis 

and J. Levitan on status of revisions 

(0.30); Further review and revise draft 

disclosure statement for distribution per 

J. Levitan (1.70). 

6.20 $4,705.80 

09/28/18 Daniel Desatnik 215 Review interlocutory appeals (0.40); 

Draft narrative regarding same for 

disclosure statement (0.40). 

0.80 $607.20 

09/29/18 Timothy W. 

Mungovan 

215 Communications with B. Rosen 

regarding proposed plan and calendar 

for confirmation. 

0.20 $151.80 

09/29/18 Jeffrey W. Levitan 215 Review disclosure statement edits 

(0.20); Review and revise draft 

disclosure statement approval motion 

(0.90); Draft list of possible plan 

revisions (0.30); Revise 9019 motion 

(0.80); Review confirmation calendar 

and related e-mails (0.20). 

2.40 $1,821.60 

09/29/18 James P. Gerkis 215 Review revised COFINA disclosure 

statement and plan of adjustment (2.80); 

Review confirmation calendar and 

related correspondence (0.30). 

3.10 $2,352.90 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 119 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170167966 

0010 PROMESA TITLE III: COFINA Page 28 

Date Timekeeper Task Description Hours Amount

09/29/18 Brian S. Rosen 215 Memorandum to COFINA group 

regarding calendar (0.30); Review 

creditor memorandum regarding 

calendar (0.10); Memorandum to 

creditor regarding distribution (0.10); 

Memorandum to T. Mungovan 

regarding plan status (0.10); 

Memorandum to COFINA group 

regarding certain creditors (0.10); 

Review COFINA disclosure statement 

(1.40). 

2.10 $1,593.90 

09/30/18 Brian S. Rosen 215 Review creditor memorandum (0.30); 

Review revised draft legislation (0.40); 

Review O'Neill revisions to same 

(0.30); Review plan comments by 

creditor (0.10); Memorandum to J. 

Levitan, et al.; regarding solicitation 

motion (0.10); Review same (0.50); 

Continue review of draft disclosure 

statement. (1.60). 

3.30 $2,504.70 

09/30/18 Mee R. Kim 215 Revise draft disclosure statement 

regarding regulatory environment. 

2.40 $1,821.60 

09/30/18 Jeffrey W. Levitan 215 E-mail with B. Rosen regarding 

disclosure statement motion. 

0.10 $75.90 

09/30/18 Stephen L. Ratner 215 Review proposed calendar regarding 

plan of adjustment and related 

materials. 

0.10 $75.90 

Plan of Adjustment and Disclosure Statement 488.50 $369,374.30

Tax -- 217

Date Timekeeper Task Description Hours Amount

09/03/18 Martin T. Hamilton 217 Review revised plan support agreement 

and term sheet tax-related provisions. 

2.90 $2,201.10 

09/04/18 Martin T. Hamilton 217 Meet with team to discuss next steps for 

disclosure statement (1.00); Meet with 

working group on next steps, including 

regarding tax issues (1.20). 

2.20 $1,669.80 

09/06/18 Martin T. Hamilton 217 Review summaries of original COFINA 

issuance (0.70); Draft analysis of 

exchange classes in connection with tax 

issues (1.40); Conference call with Y. 

Habenicht regarding approach to 

disclosure statement tax section (0.70). 

2.80 $2,125.20 

09/06/18 Sejin Park 217 Review term sheet and plan disclosure 

for tax disclosure (6.10); Initial call 

with M. Hamilton and Y. Habenicht 

regarding next steps for disclosure 

(0.40). 

6.50 $4,933.50 

09/06/18 Richard M. Corn 217 Review documents related to COFINA 

disclosure statement in connection with 

tax issues. 

0.60 $455.40 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 120 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170167966 

0010 PROMESA TITLE III: COFINA Page 29 

Date Timekeeper Task Description Hours Amount

09/06/18 Yomarie Habenicht 217 Review precedents and draft ballot to 

include appropriate tax language (1.90); 

Call with M. Hamilton and S. Park to 

discuss tax disclosure (0.40); Review 

precedents and materials from COFINA 

bonds original issuance in connection 

with same (2.10). 

4.40 $3,339.60 

09/07/18 Yomarie Habenicht 217 Review term sheet and plan disclosure 

for tax disclosure (2.00); Call with M. 

Hamilton and S. Park to discuss next 

steps for disclosure (0.50); Draft outline 

for tax disclosure (2.20). 

4.70 $3,567.30 

09/07/18 Richard M. Corn 217 Review current draft of documents 

related to COFINA disclosure statement 

in connection with tax issues. 

1.20 $910.80 

09/07/18 Sejin Park 217 Review term sheet and related for tax 

disclosure (4.30); Call with M. 

Hamilton and Y. Habenicht to discuss 

next steps for disclosure (0.40). 

4.70 $3,567.30 

09/07/18 Martin T. Hamilton 217 Prepare for conference call with Nixon 

Peabody on disclosure issues (1.10); 

Conference call with Nixon Peabody 

regarding same (1.60). 

2.70 $2,049.30 

09/08/18 Sejin Park 217 Review term sheet and plan disclosure 

for tax disclosure. 

0.80 $607.20 

09/09/18 Sejin Park 217 Draft outline for tax disclosure (3.90); 

Research tax issues relating to COFINA 

debt exchange (1.80); Review 

precedents and materials from COFINA 

bonds original issuance (2.40). 

8.10 $6,147.90 

09/09/18 Yomarie Habenicht 217 Draft outline of COFINA tax disclosure 

(5.10); Review of precedents and 

proposed transaction regarding same 

(3.20). 

8.30 $6,299.70 

09/10/18 Richard M. Corn 217 Review current draft of documents 

related to COFINA disclosure statement 

in connection with tax issues. 

3.80 $2,884.20 

09/10/18 Yomarie Habenicht 217 Draft tax disclosure outline (0.80); Email to M. Hamilton regarding same 

(0.20); Meeting with R. Corn and M. 

Hamilton to discuss outline and open 

questions (0.80); Call with S. Park to 

discuss next steps and research (0.40); 

Research regarding treatment of 

COFINA as governmental entity and 

tax consequences (0.90). 

3.10 $2,352.90 

09/10/18 Sejin Park 217 Research tax issues relating to COFINA 

debt exchange. 

3.70 $2,808.30 

09/10/18 Martin T. Hamilton 217 Review initial draft outline of disclosure 

statement in advance of status call. 

1.90 $1,442.10 

09/11/18 Martin T. Hamilton 217 Draft internal issues list regarding tax 

issues in advance of status call. 

1.90 $1,442.10 

09/11/18 Sejin Park 217 Research tax issues relating to COFINA 

debt exchange. 

1.40 $1,062.60 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 121 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170167966 

0010 PROMESA TITLE III: COFINA Page 30 

Date Timekeeper Task Description Hours Amount

09/11/18 Yomarie Habenicht 217 Conduct research regarding treatment of 

COFINA as governmental entity and 

tax consequences (2.40); Review of 

audited financial statements and tax 

opinions for prior bond issuances 

(2.20). 

4.60 $3,491.40 

09/11/18 Richard M. Corn 217 Review current draft of documents 

related to COFINA disclosure statement 

in connection with tax issues. 

0.40 $303.60 

09/12/18 Richard M. Corn 217 Review current draft of documents 

related to COFINA disclosure statement 

(0.70); Review of tax issues (1.10), 

Review disclosure drafts (0.60), 

Meeting with team to discuss timeline 

and related documents (0.80). 

3.20 $2,428.80 

09/12/18 Sejin Park 217 Research tax issues relating to COFINA 

debt exchange. 

4.90 $3,719.10 

09/12/18 Jeffrey W. Levitan 217 E-mail with S. Ma regarding tax issues. 0.10 $75.90 

09/12/18 Martin T. Hamilton 217 Participate in conference call with 

Proskauer and O'Melveny teams 

regarding disclosure statement and plan 

of adjustment. 

1.10 $834.90 

09/13/18 Martin T. Hamilton 217 Review tax issues for COFINA 

disclosure statement. 

1.90 $1,442.10 

09/13/18 Richard M. Corn 217 Review current draft of documents 

regarding disclosure statement (0.80); 

Review of tax issues for same (0.80); 

Call with Nixon Peabody to discuss tax 

issues (1.00). 

2.60 $1,973.40 

09/13/18 Sejin Park 217 Research tax issues relating to COFINA 

debt exchange. 

0.50 $379.50 

09/13/18 Yomarie Habenicht 217 Attend call with Nixon Peabody and 

Proskauer tax team to discuss tax 

disclosure regarding COFINA 

disclosure statement (0.90); Prepare for 

same (0.60). 

1.50 $1,138.50 

09/14/18 Yomarie Habenicht 217 Revise tax disclosure outline (0.20); Email to Proskauer team regarding same 

(0.20). 

0.40 $303.60 

09/14/18 Richard M. Corn 217 Review draft disclosure statement in 

connection with tax issues. 

1.00 $759.00 

09/14/18 Martin T. Hamilton 217 Review tax issues for COFINA 

disclosure statement. 

1.60 $1,214.40 

09/17/18 Martin T. Hamilton 217 E-mails with team regarding Nixon 

Peabody sections to disclosure 

statement. 

0.50 $379.50 

09/17/18 Richard M. Corn 217 Review disclosure draft in connection 

with tax issues. 

1.20 $910.80 

09/17/18 Yomarie Habenicht 217 Draft tax disclosure for plan disclosure 

statement. 

4.90 $3,719.10 

09/17/18 Sejin Park 217 Research tax issues relating to COFINA 

debt exchange. 

0.40 $303.60 

09/18/18 Sejin Park 217 Draft tax disclosure section in 

disclosure statement. 

5.70 $4,326.30 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 122 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170167966 

0010 PROMESA TITLE III: COFINA Page 31 

Date Timekeeper Task Description Hours Amount

09/18/18 Yomarie Habenicht 217 Draft tax disclosure for disclosure 

statement. 

1.60 $1,214.40 

09/18/18 Richard M. Corn 217 Review draft disclosure in connection 

with tax issues (1.20); Call with team to 

discuss status (1.20); Review tax issues 

(3.40). 

5.80 $4,402.20 

09/18/18 Martin T. Hamilton 217 Participate in conference call with 

Proskauer and O'Melveny teams 

regarding disclosure statement and plan 

of adjustment (0.90); Prepare for same 

(0.30); Review outline for disclosure 

statement tax section (1.20). 

2.40 $1,821.60 

09/19/18 Martin T. Hamilton 217 Revise tax issues in disclosure 

statement. 

0.90 $683.10 

09/19/18 Yomarie Habenicht 217 Draft tax disclosure for disclosure 

statement. 

3.40 $2,580.60 

09/19/18 Sejin Park 217 Draft tax disclosure section in 

disclosure statement. 

11.40 $8,652.60 

09/19/18 Richard M. Corn 217 Review draft disclosure regarding tax 

issues. 

1.90 $1,442.10 

09/20/18 Sejin Park 217 Draft tax disclosure section in 

disclosure statement. 

12.10 $9,183.90 

09/20/18 Richard M. Corn 217 Review draft disclosure (1.40); Review 

of tax law on various issues (2.20). 

3.60 $2,732.40 

09/20/18 Yomarie Habenicht 217 Draft tax disclosure for disclosure 

statement. 

9.70 $7,362.30 

09/20/18 Martin T. Hamilton 217 Participate in conference call with I. 

Vicenty regarding tax disclosure for 

disclosure statement (1.40); Review 

authorities relating to availability of 

recapitalization treatment for municipal 

bond exchanges (1.90); E-mail with Y. 

Habenicht regarding same (0.20); 

Review revised plan support agreement 

and term sheet regarding tax matters 

(0.70). 

4.20 $3,187.80 

09/21/18 Martin T. Hamilton 217 Review revised confirmation calendar 

(0.40); Communications with B. Rosen 

regarding same (0.30); Review 

materials regarding tax classification of 

integral entity (1.10); Review e-mail 

from O'Neill regarding Commonwealth 

tax disclosure (0.20). 

2.00 $1,518.00 

09/21/18 Yomarie Habenicht 217 Draft tax disclosure for disclosure 

statement. 

5.10 $3,870.90 

09/21/18 Richard M. Corn 217 Research tax law on plan issues. 1.40 $1,062.60 

09/21/18 Sejin Park 217 Draft tax disclosure section in 

disclosure statement. 

3.10 $2,352.90 

09/22/18 Yomarie Habenicht 217 Draft tax disclosure for disclosure 

statement. 

2.10 $1,593.90 

09/23/18 Yomarie Habenicht 217 Draft tax disclosure for disclosure 

statement. 

2.40 $1,821.60 

09/24/18 Richard M. Corn 217 Revise tax disclosure in connection with 

disclosure statement. 

3.60 $2,732.40 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 123 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170167966 

0010 PROMESA TITLE III: COFINA Page 32 

Date Timekeeper Task Description Hours Amount

09/24/18 Yomarie Habenicht 217 Research regarding open items in tax 

disclosure. 

1.10 $834.90 

09/24/18 Martin T. Hamilton 217 Review COFINA disclosure statement. 1.10 $834.90 

09/24/18 James P. Gerkis 217 Review draft COFINA disclosure 

statement. 

1.40 $1,062.60 

09/25/18 Richard M. Corn 217 Revise tax disclosure (1.60); Call with 

O'Melveny to discuss updates (0.90); 

Review tax issues with respect to 

disclosure statement (1.20). 

3.70 $2,808.30 

09/25/18 Yomarie Habenicht 217 Attend weekly planning meeting (0.90); 

Discussion with R. Corn regarding tax 

disclosure (0.80); Discussion with M. 

Hamilton regarding tax disclosure 

(1.40); Conduct additional research 

regarding tax disclosure (1.80); Revise 

tax disclosure to incorporate comments 

(4.20). 

9.10 $6,906.90 

09/25/18 Sejin Park 217 Draft tax disclosure section for 

COFINA disclosure statement (0.80); 

Research tax issues relating to debt 

exchange (4.40). 

5.20 $3,946.80 

09/25/18 Martin T. Hamilton 217 Review and revise tax disclosure for 

disclosure statement (2.20); Discussions 

with Y Habenicht regarding same 

(0.70); Participate in conference call 

with Proskauer and O'Melveny teams 

regarding disclosure statement and plan 

of adjustment (0.90). 

3.80 $2,884.20 

09/26/18 James P. Gerkis 217 Review correspondence from Y. 

Habernicht regarding COFINA tax 

disclosure. 

0.10 $75.90 

09/26/18 Jeffrey W. Levitan 217 Teleconference with M. Hamilton 

regarding tax disclosure (0.10); Review 

tax disclosure (0.20). 

0.30 $227.70 

09/26/18 Richard M. Corn 217 Review revised tax disclosure. 0.40 $303.60 

09/26/18 Sejin Park 217 Draft tax disclosure section in 

disclosure statement. 

1.00 $759.00 

09/26/18 Yomarie Habenicht 217 Finalize draft tax disclosure for 

COFINA disclosure statement. 

4.50 $3,415.50 

09/26/18 Martin T. Hamilton 217 Review and revise tax disclosure for 

disclosure statement (4.10); Discussions 

with Y. Habenicht regarding same 

(0.80). 

4.90 $3,719.10 

09/27/18 Yomarie Habenicht 217 Finalize tax disclosure for disclosure 

statement. 

3.00 $2,277.00 

09/27/18 Richard M. Corn 217 Review revised tax disclosure regarding 

COFINA disclosure statement. 

2.10 $1,593.90 

09/27/18 Jeffrey W. Levitan 217 Teleconference with Y. Habenicht 

regarding tax disclosure (0.10); 

Teleconference with M. Hamilton 

regarding tax disclosure (0.10); Review 

tax insert to disclosure statement (0.20). 

0.40 $303.60 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 124 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170167966 

0010 PROMESA TITLE III: COFINA Page 33 

Date Timekeeper Task Description Hours Amount

09/27/18 Martin T. Hamilton 217 Discussions of tax issues with R. Corn 

(0.30); Review statute regarding same 

(0.40); Discussion with J. Levitan 

regarding plan of adjustment (0.10). 

Review materials on disclosure 

statement tax disclosure (3.30). 

4.10 $3,111.90 

09/28/18 Yomarie Habenicht 217 Review plan of adjustment (1.20); Call 

with O'Neill & Borges tax team 

regarding questions about tax disclosure 

(0.70). 

1.90 $1,442.10 

09/28/18 Richard M. Corn 217 Review revised tax disclosure (0.40); 

Review plan of adjustment in 

connection with tax issues (1.90). 

2.30 $1,745.70 

09/28/18 Martin T. Hamilton 217 Continue reviewing and revising 

disclosure statement tax disclosure. 

1.80 $1,366.20 

09/29/18 Martin T. Hamilton 217 Review materials on tax analysis of 

open issues. 

2.20 $1,669.80 

Tax 233.30 $177,074.70

Employment and Fee Applications -- 218

Date Timekeeper Task Description Hours Amount

09/11/18 Natasha Petrov 218 Draft Proskauer fourth interim fee 

application regarding July 2018 

monthly statement. 

1.70 $442.00 

09/19/18 Natasha Petrov 218 Continue calculations and drafting 

Proskauer fourth interim fee application 

regarding June and July 2018 monthly 

statements. 

3.30 $858.00 

09/27/18 Natasha Petrov 218 Continue drafting fourth interim fee 

application (0.80); Continue drafting 

and revising exhibits to same (0.90). 

1.70 $442.00 

09/28/18 Natasha Petrov 218 Continue drafting fourth interim fee 

application. 

1.60 $416.00 

Employment and Fee Applications 8.30 $2,158.00

Total for Professional Services $599,667.20

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 125 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170167966 

0010 PROMESA TITLE III: COFINA Page 34 

Timekeeper Summary

Timekeeper Status Hours Rate Value

BRIAN S. ROSEN PARTNER 139.70 759.00 $106,032.30 

JAMES P. GERKIS PARTNER 56.30 759.00 $42,731.70 

JEFFREY W. LEVITAN PARTNER 75.70 759.00 $57,456.30 

MARTIN T. HAMILTON PARTNER 46.90 759.00 $35,597.10 

MICHAEL A. FIRESTEIN PARTNER 0.20 759.00 $151.80 

PAUL POSSINGER PARTNER 0.70 759.00 $531.30 

RALPH C. FERRARA PARTNER 3.50 759.00 $2,656.50 

RICHARD M. CORN PARTNER 38.80 759.00 $29,449.20 

STEPHEN L. RATNER PARTNER 1.70 759.00 $1,290.30 

TIMOTHY W. MUNGOVAN PARTNER 0.60 759.00 $455.40 

 Total for PARTNER 364.10 $276,351.90

DANIEL L. FORMAN SENIOR COUNSEL 31.10 759.00 $23,604.90 

 Total for SENIOR COUNSEL 31.10 $23,604.90

BRANDON C. CLARK ASSOCIATE 2.10 759.00 $1,593.90 

CHRIS THEODORIDIS ASSOCIATE 43.60 759.00 $33,092.40 

DANIEL DESATNIK ASSOCIATE 1.20 759.00 $910.80 

DANIEL POLLICK ASSOCIATE 6.00 759.00 $4,554.00 

DAVID SIMON ASSOCIATE 32.40 759.00 $24,591.60 

ELLIOT STEVENS ASSOCIATE 24.00 759.00 $18,216.00 

MAJA ZERJAL ASSOCIATE 2.30 759.00 $1,745.70 

MEE R. KIM ASSOCIATE 2.60 759.00 $1,973.40 

NICHOLAS PELLEGRINO ASSOCIATE 35.20 759.00 $26,716.80 

SEJIN PARK ASSOCIATE 69.50 759.00 $52,750.50 

STEVE MA ASSOCIATE 86.80 759.00 $65,881.20 

YOMARIE HABENICHT ASSOCIATE 83.90 759.00 $63,680.10 

 Total for ASSOCIATE 389.60 $295,706.40

CHRISTOPHER M. TARRANT LEGAL ASSISTANT 5.30 260.00 $1,378.00 

LAURA M. GEARY LEGAL ASSISTANT 1.40 260.00 $364.00 

NATASHA PETROV LEGAL ASSISTANT 8.30 260.00 $2,158.00 

TIFFANY MILLER LEGAL ASSISTANT 0.40 260.00 $104.00 

 Total for LEGAL ASSISTANT 15.40 $4,004.00

Total 800.20 $599,667.20

For Charges and Disbursements

Date Timekeeper Type Description Amount

09/04/2018 David Simon REPRODUCTION REPRODUCTION $1.10 

09/04/2018 James P. Gerkis REPRODUCTION REPRODUCTION $1.10 

09/04/2018 James P. Gerkis REPRODUCTION REPRODUCTION $0.10 

09/04/2018 James P. Gerkis REPRODUCTION REPRODUCTION $0.10 

09/04/2018 James P. Gerkis REPRODUCTION REPRODUCTION $0.10 

09/04/2018 James P. Gerkis REPRODUCTION REPRODUCTION $0.10 

09/04/2018 James P. Gerkis REPRODUCTION REPRODUCTION $0.10 

09/04/2018 James P. Gerkis REPRODUCTION REPRODUCTION $0.60 

09/04/2018 David Simon REPRODUCTION REPRODUCTION $0.10 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 126 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170167966 

0010 PROMESA TITLE III: COFINA Page 35 

Date Timekeeper Type Description Amount

09/04/2018 James P. Gerkis REPRODUCTION REPRODUCTION $0.10 

09/04/2018 James P. Gerkis REPRODUCTION REPRODUCTION $0.10 

09/04/2018 David Simon REPRODUCTION REPRODUCTION $0.20 

09/04/2018 Daniel L. Forman REPRODUCTION REPRODUCTION $1.20 

09/04/2018 Daniel L. Forman REPRODUCTION REPRODUCTION $2.90 

09/04/2018 Daniel L. Forman REPRODUCTION REPRODUCTION $19.30 

09/04/2018 Daniel L. Forman REPRODUCTION REPRODUCTION $22.40 

09/04/2018 Daniel L. Forman REPRODUCTION REPRODUCTION $0.10 

09/04/2018 Daniel L. Forman REPRODUCTION REPRODUCTION $0.40 

09/05/2018 James P. Gerkis REPRODUCTION REPRODUCTION $1.30 

09/05/2018 James P. Gerkis REPRODUCTION REPRODUCTION $13.00 

09/05/2018 David Simon REPRODUCTION REPRODUCTION $1.20 

09/05/2018 David Simon REPRODUCTION REPRODUCTION $0.20 

09/05/2018 Daniel Pollick REPRODUCTION REPRODUCTION $0.10 

09/05/2018 Daniel Pollick REPRODUCTION REPRODUCTION $6.00 

09/05/2018 Daniel L. Forman REPRODUCTION REPRODUCTION $0.10 

09/05/2018 Daniel Pollick REPRODUCTION REPRODUCTION $0.30 

09/05/2018 Daniel Pollick REPRODUCTION REPRODUCTION $2.90 

09/05/2018 Daniel Pollick REPRODUCTION REPRODUCTION $3.50 

09/05/2018 Daniel L. Forman REPRODUCTION REPRODUCTION $2.90 

09/05/2018 Daniel L. Forman REPRODUCTION REPRODUCTION $6.00 

09/05/2018 Daniel L. Forman REPRODUCTION REPRODUCTION $3.50 

09/06/2018 James P. Gerkis REPRODUCTION REPRODUCTION $1.60 

09/06/2018 Daniel L. Forman REPRODUCTION REPRODUCTION $4.20 

09/06/2018 Daniel L. Forman REPRODUCTION REPRODUCTION $6.60 

09/07/2018 Daniel L. Forman REPRODUCTION REPRODUCTION $0.20 

09/07/2018 Daniel L. Forman REPRODUCTION REPRODUCTION $0.50 

09/07/2018 Elliot Stevens REPRODUCTION REPRODUCTION $3.90 

09/07/2018 Elliot Stevens REPRODUCTION REPRODUCTION $3.00 

09/07/2018 Elliot Stevens REPRODUCTION REPRODUCTION $2.60 

09/11/2018 Christopher M. 

Tarrant 

REPRODUCTION REPRODUCTION $5.90 

09/11/2018 Christopher M. 

Tarrant 

REPRODUCTION REPRODUCTION $6.10 

09/11/2018 Christopher M. 

Tarrant 

REPRODUCTION REPRODUCTION $3.80 

09/11/2018 Christopher M. 

Tarrant 

REPRODUCTION REPRODUCTION $5.70 

09/12/2018 Elliot Stevens REPRODUCTION REPRODUCTION $0.10 

09/12/2018 Elliot Stevens REPRODUCTION REPRODUCTION $0.50 

09/13/2018 James P. Gerkis REPRODUCTION REPRODUCTION $22.40 

09/14/2018 Elliot Stevens REPRODUCTION REPRODUCTION $3.60 

09/14/2018 Elliot Stevens REPRODUCTION REPRODUCTION $0.40 

09/14/2018 Elliot Stevens REPRODUCTION REPRODUCTION $0.50 

09/14/2018 David Simon REPRODUCTION REPRODUCTION $3.00 

09/14/2018 Elliot Stevens REPRODUCTION REPRODUCTION $0.90 

09/14/2018 Elliot Stevens REPRODUCTION REPRODUCTION $0.80 

09/17/2018 David Simon REPRODUCTION REPRODUCTION $11.80 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.20 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.40 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.50 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.80 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.70 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.70 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 127 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170167966 

0010 PROMESA TITLE III: COFINA Page 36 

Date Timekeeper Type Description Amount

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.50 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.60 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.50 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.50 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.40 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.50 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.50 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.50 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.60 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.50 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.40 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.50 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.50 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.50 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.40 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.90 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.60 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.60 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $1.00 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.50 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.60 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.50 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.50 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.70 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.50 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.50 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.60 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.60 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.50 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.70 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.70 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.50 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.50 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.50 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.60 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.60 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.60 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $1.20 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.60 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.90 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.80 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $1.10 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $1.40 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $3.30 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $2.10 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $1.90 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.50 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.60 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.50 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.60 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.50 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.70 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.50 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.50 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 128 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170167966 

0010 PROMESA TITLE III: COFINA Page 37 

Date Timekeeper Type Description Amount

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.60 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.40 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.50 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.50 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.20 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.30 

09/17/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.40 

09/18/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $1.20 

09/18/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $1.00 

09/18/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.90 

09/18/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.80 

09/18/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.60 

09/18/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.70 

09/18/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.60 

09/18/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.80 

09/18/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $1.40 

09/18/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.90 

09/18/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.80 

09/19/2018 Steve MA REPRODUCTION REPRODUCTION $4.40 

09/19/2018 Steve MA REPRODUCTION REPRODUCTION $1.50 

09/20/2018 Nicholas Pellegrino REPRODUCTION REPRODUCTION $5.60 

09/20/2018 Nicholas Pellegrino REPRODUCTION REPRODUCTION $7.00 

09/20/2018 Janet D. Ross REPRODUCTION REPRODUCTION $0.30 

09/20/2018 Janet D. Ross REPRODUCTION REPRODUCTION $5.60 

09/20/2018 Janet D. Ross REPRODUCTION REPRODUCTION $0.10 

09/20/2018 Janet D. Ross REPRODUCTION REPRODUCTION $0.10 

09/20/2018 Janet D. Ross REPRODUCTION REPRODUCTION $12.90 

09/20/2018 Janet D. Ross REPRODUCTION REPRODUCTION $6.70 

09/20/2018 Janet D. Ross REPRODUCTION REPRODUCTION $0.10 

09/20/2018 Janet D. Ross REPRODUCTION REPRODUCTION $0.10 

09/20/2018 Janet D. Ross REPRODUCTION REPRODUCTION $0.20 

09/20/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $5.20 

09/20/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $3.10 

09/20/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $6.60 

09/20/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $3.10 

09/20/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.10 

09/21/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.10 

09/21/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.10 

09/21/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.10 

09/21/2018 Yomarie Habenicht REPRODUCTION REPRODUCTION $0.10 

09/21/2018 Janet D. Ross REPRODUCTION REPRODUCTION $0.30 

09/24/2018 Martin T. Hamilton REPRODUCTION REPRODUCTION $2.60 

09/24/2018 Martin T. Hamilton REPRODUCTION REPRODUCTION $1.90 

09/24/2018 Steve MA REPRODUCTION REPRODUCTION $7.80 

09/25/2018 Nicholas Pellegrino REPRODUCTION REPRODUCTION $0.70 

09/25/2018 Nicholas Pellegrino REPRODUCTION REPRODUCTION $13.20 

09/25/2018 David Simon REPRODUCTION REPRODUCTION $13.20 

09/26/2018 Martin T. Hamilton REPRODUCTION REPRODUCTION $0.10 

09/26/2018 Chris Theodoridis REPRODUCTION REPRODUCTION $6.90 

09/26/2018 Chris Theodoridis REPRODUCTION REPRODUCTION $1.30 

09/26/2018 Janet D. Ross REPRODUCTION REPRODUCTION $0.10 

09/26/2018 Janet D. Ross REPRODUCTION REPRODUCTION $7.70 

09/26/2018 Chris Theodoridis REPRODUCTION REPRODUCTION $3.20 

09/26/2018 Chris Theodoridis REPRODUCTION REPRODUCTION $2.00 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 129 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170167966 

0010 PROMESA TITLE III: COFINA Page 38 

Date Timekeeper Type Description Amount

09/26/2018 Janet D. Ross REPRODUCTION REPRODUCTION $0.10 

09/27/2018 Janet D. Ross REPRODUCTION REPRODUCTION $0.20 

09/27/2018 Janet D. Ross REPRODUCTION REPRODUCTION $0.10 

09/27/2018 Janet D. Ross REPRODUCTION REPRODUCTION $0.10 

09/27/2018 Janet D. Ross REPRODUCTION REPRODUCTION $0.50 

09/27/2018 Janet D. Ross REPRODUCTION REPRODUCTION $0.10 

09/27/2018 Janet D. Ross REPRODUCTION REPRODUCTION $10.30 

09/27/2018 Janet D. Ross REPRODUCTION REPRODUCTION $5.00 

09/27/2018 Chris Theodoridis REPRODUCTION REPRODUCTION $8.10 

09/27/2018 Janet D. Ross REPRODUCTION REPRODUCTION $7.50 

09/27/2018 Janet D. Ross REPRODUCTION REPRODUCTION $0.10 

09/27/2018 Chris Theodoridis REPRODUCTION REPRODUCTION $0.40 

09/27/2018 Chris Theodoridis REPRODUCTION REPRODUCTION $0.80 

09/27/2018 Chris Theodoridis REPRODUCTION REPRODUCTION $0.80 

09/27/2018 Daniel L. Forman REPRODUCTION REPRODUCTION $13.70 

09/27/2018 Chris Theodoridis REPRODUCTION REPRODUCTION $0.40 

09/27/2018 Daniel L. Forman REPRODUCTION REPRODUCTION $10.30 

09/27/2018 Janet D. Ross REPRODUCTION REPRODUCTION $7.80 

09/27/2018 Janet D. Ross REPRODUCTION REPRODUCTION $1.60 

09/27/2018 Janet D. Ross REPRODUCTION REPRODUCTION $4.90 

09/27/2018 Janet D. Ross REPRODUCTION REPRODUCTION $9.40 

09/27/2018 Kerri-anne 

Finamore 

REPRODUCTION REPRODUCTION $14.40 

09/27/2018 Janet D. Ross REPRODUCTION REPRODUCTION $7.30 

09/27/2018 Chris Theodoridis REPRODUCTION REPRODUCTION $0.20 

09/27/2018 Chris Theodoridis REPRODUCTION REPRODUCTION $0.20 

09/27/2018 Daniel L. Forman REPRODUCTION REPRODUCTION $2.80 

09/27/2018 Daniel L. Forman REPRODUCTION REPRODUCTION $4.90 

09/27/2018 Daniel L. Forman REPRODUCTION REPRODUCTION $7.70 

Total for REPRODUCTION $477.30

Date Timekeeper Type Description Amount

09/04/2018 Elliot Stevens LEXIS LEXIS Connect and Comm Time - 

0:00:00 Searches - 0 Shepards and 

Autocite - 0 Lexsees and Lexstat - 0 

$192.00 

09/05/2018 Elliot Stevens LEXIS LEXIS Connect and Comm Time - 

0:00:00 Searches - 0 Shepards and 

Autocite - 0 Lexsees and Lexstat - 0 

$2.00 

09/05/2018 Steve MA LEXIS LEXIS Connect and Comm Time - 

0:00:00 Searches - 0 Shepards and 

Autocite - 0 Lexsees and Lexstat - 0 

$415.00 

09/07/2018 Elliot Stevens LEXIS LEXIS Connect and Comm Time - 

0:00:00 Searches - 0 Shepards and 

Autocite - 0 Lexsees and Lexstat - 0 

$4.00 

09/12/2018 Steve MA LEXIS LEXIS Connect and Comm Time - 

0:00:00 Searches - 0 Shepards and 

Autocite - 0 Lexsees and Lexstat - 0 

$2.00 

09/12/2018 Elliot Stevens LEXIS LEXIS Connect and Comm Time - 

0:00:00 Searches - 0 Shepards and 

Autocite - 0 Lexsees and Lexstat - 0 

$162.00 

09/17/2018 Richard M. Corn LEXIS LEXIS Connect and Comm Time - 

0:00:00 Searches - 0 Shepards and 

Autocite - 0 Lexsees and Lexstat - 0 

$89.00 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 130 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170167966 

0010 PROMESA TITLE III: COFINA Page 39 

Date Timekeeper Type Description Amount

09/18/2018 Elliot Stevens LEXIS LEXIS Connect and Comm Time - 

0:00:00 Searches - 0 Shepards and 

Autocite - 0 Lexsees and Lexstat - 0 

$243.00 

09/19/2018 Steve MA LEXIS LEXIS Connect and Comm Time - 

0:00:00 Searches - 0 Shepards and 

Autocite - 0 Lexsees and Lexstat - 0 

$8.00 

09/20/2018 Yomarie Habenicht LEXIS LEXIS Connect and Comm Time - 

0:00:00 Searches - 0 Shepards and 

Autocite - 0 Lexsees and Lexstat - 0 

$59.00 

Total for LEXIS $1,176.00

Date Timekeeper Type Description Amount

08/21/2018 Paul Possinger TAXI, CARFARE, 

MILEAGE AND 

PARKING 

TAXI, CARFARE, MILEAGE AND 

PARKING Taxi Parking - Paul 

Possinger [REDACTED: Expense 

relating to court-ordered mediation]. 

$26.00 

08/23/2018 Paul Possinger TAXI, CARFARE, 

MILEAGE AND 

PARKING 

TAXI, CARFARE, MILEAGE AND 

PARKING Taxi Taxi/Car Service - 

Paul Possinger [REDACTED: 

Expense relating to court-ordered 

mediation]. 

$48.30 

Total for TAXI, CARFARE, 

MILEAGE AND PA $74.30

Date Timekeeper Type Description Amount

08/22/2018 Paul Possinger OUT OF TOWN 

MEALS 

OUT OF TOWN MEALS Meals 

Dinner - Paul Possinger 

[REDACTED: Expense relating to 

court-ordered mediation]. 

$40.00 

Total for OUT OF TOWN MEALS $40.00

Date Timekeeper Type Description Amount

03/29/2018 Martin J. 

Bienenstock 

PRINTING, 

BINDING, ETC. 

PRINTING, BINDING, ETC. - - 

VENDOR: RICOH USA, INC. - 

binder of Commonwealth-COFINA 

summary judgment replies 

$258.95 

Total for PRINTING, BINDING, 

ETC. $258.95

Date Timekeeper Type Description Amount

08/20/2018 Paul Possinger AIRPLANE AIRPLANE Airfare - Paul Possinger 

[REDACTED: Expense relating to 

court-ordered mediation]. 

$865.72 

08/20/2018 Paul Possinger AIRPLANE AIRPLANE Airfare Service Fee - 

Paul Possinger [REDACTED: 

Expense relating to court-ordered 

mediation]. 

$35.00 

08/21/2018 Paul Possinger AIRPLANE AIRPLANE Airfare Service Fee - 

Paul Possinger [REDACTED: 

Expense relating to court-ordered 

mediation]. 

$35.00 

Total for AIRPLANE $935.72

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 131 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170167966 

0010 PROMESA TITLE III: COFINA Page 40 

Date Timekeeper Type Description Amount

08/21/2018 Paul Possinger LODGING LODGING Hotel - Lodging - Paul 

Possinger [REDACTED: Expense 

relating to court-ordered mediation]. 

$785.02 

Total for LODGING $785.02

Date Timekeeper Type Description Amount

07/31/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$99.62 

07/31/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$249.05 

07/31/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$46.27 

07/31/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$46.27 

07/31/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$1,328.28 

07/31/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$2,199.28 

07/31/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$500.83 

07/31/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$43.55 

07/31/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$3,810.63 

07/31/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$714.49 

07/31/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$285.80 

07/31/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$21.78 

07/31/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$16.33 

07/31/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$93.90 

07/31/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$87.10 

07/31/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$48.99 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 132 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170167966 

0010 PROMESA TITLE III: COFINA Page 41 

Date Timekeeper Type Description Amount

07/31/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$130.65 

07/31/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$412.36 

07/31/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$164.95 

07/31/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$19.60 

07/31/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$37.56 

07/31/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$6.53 

07/31/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$13.07 

07/31/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$69.41 

08/01/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$108.88 

08/01/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$43.55 

08/01/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$500.83 

08/01/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$46.27 

08/01/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$50.04 

08/01/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$93.90 

08/01/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$19.60 

08/01/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$164.95 

08/01/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$13.07 

08/01/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$293.96 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 133 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170167966 

0010 PROMESA TITLE III: COFINA Page 42 

Date Timekeeper Type Description Amount

08/01/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$3,919.50 

08/01/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation]V 

$734.91 

08/01/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation]V 

$130.65 

08/01/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$1,328.28 

08/01/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$2,199.28 

08/01/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$99.62 

08/01/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$6.53 

08/01/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$37.56 

08/01/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$412.36 

08/01/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$249.05 

08/01/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$16.33 

08/01/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$48.99 

08/01/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$21.78 

08/01/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$46.27 

08/02/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$46.27 

08/02/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$249.05 

08/02/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$1,328.28 

08/02/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$46.27 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 134 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170167966 

0010 PROMESA TITLE III: COFINA Page 43 

Date Timekeeper Type Description Amount

08/02/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$332.07 

08/02/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$43.55 

08/02/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$130.65 

08/02/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$500.83 

08/02/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$16.33 

08/02/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$37.56 

08/02/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$13.07 

08/02/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$48.99 

08/02/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$21.78 

08/02/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$93.90 

08/02/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$87.10 

08/02/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$99.62 

08/02/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$2,199.28 

08/02/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$412.36 

08/02/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$164.95 

08/02/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$6.53 

08/02/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$19.60 

08/06/2018 Ehud Barak FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation]V 

$476.33 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 135 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170167966 

0010 PROMESA TITLE III: COFINA Page 44 

Date Timekeeper Type Description Amount

08/07/2018 Daniel Desatnik FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$50.08 

08/07/2018 Daniel Desatnik FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$219.93 

08/07/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$99.62 

08/07/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$996.21 

08/07/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$99.62 

08/07/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$249.05 

08/07/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$1,649.46 

08/07/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$412.36 

08/07/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$48.99 

08/07/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$21.78 

08/07/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$6.53 

08/07/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$19.60 

08/07/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$37.56 

08/07/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$65.33 

08/07/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$375.62 

08/07/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$130.65 

08/07/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$93.90 

08/07/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$6.53 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 136 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170167966 

0010 PROMESA TITLE III: COFINA Page 45 

Date Timekeeper Type Description Amount

08/07/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$35.93 

08/07/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$164.95 

08/07/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$164.95 

08/07/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$37.56 

08/07/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$16.33 

08/07/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$13.07 

08/07/2018 Joshua A. Esses FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$195.98 

08/13/2018 Brian S. Rosen FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

Meals Invoice Date 08/27/2018 

1808275307 Catering for: 2704 - 

Rosen, Brian S. Booked On: 

08/09/2018;Event Date:08/13/2018 

Office: New York - 11XS; Room(s): 

2800 A CM# 33260.0010 - Meetings 

with Retiree Committee and UCC 

advisors regarding COFINA 

transaction 

$249.05 

08/13/2018 Brian S. Rosen FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

Meals Invoice Date 08/27/2018 

1808275307 Catering for: 2704 - 

Rosen, Brian S. Booked On: 

08/09/2018;Event Date:08/13/2018 

Office: New York - 11XS; Room(s): 

2800 A CM# 33260.0010 - Meetings 

with Committee regarding COFINA 

transaction 

$93.90 

08/20/2018 Brian S. Rosen FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

Meals Invoice Date 08/31/2018 

1808319877 Catering for: 2704 - 

Rosen, Brian S. Booked On: 

08/15/2018;Event Date:08/20/2018 

Office: New York - 11XS; Room(s): 

2800 AB CM# 33260.0010 - meeting 

with creditors regarding documents 

$138.82 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 137 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170167966 

0010 PROMESA TITLE III: COFINA Page 46 

Date Timekeeper Type Description Amount

08/20/2018 Brian S. Rosen FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

Meals Invoice Date 08/31/2018 

1808319877 Catering for: 2704 - 

Rosen, Brian S. Booked On: 

08/15/2018;Event Date:08/20/2018 

Office: New York - 11XS; Room(s): 

2800 AB CM# 33260.0010 - meeting 

with creditors regarding documents 

$824.73 

08/21/2018 Brian S. Rosen FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

Meals Invoice Date 08/31/2018 

1808319877 Catering for: 2704 - 

Rosen, Brian S. Booked On: 

08/20/2018;Event Date:08/21/2018 

Office: New York - 11XS; Room(s): 

2700 AB CM# 33260.0010 - meeting 

with creditors regarding documents 

$498.10 

08/21/2018 Brian S. Rosen FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

Meals Invoice Date 08/31/2018 

1808319877 Catering for: 2704 - 

Rosen, Brian S. Booked On: 

08/20/2018;Event Date:08/21/2018 

Office: New York - 11XS; Room(s): 

2700 AB CM# 33260.0010 - meeting 

with creditors regarding documents 

$824.73 

08/22/2018 Brian S. Rosen FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

Meals Invoice Date 08/31/2018 

1808319877 Catering for: 2704 - 

Rosen, Brian S. Booked On: 

08/21/2018;Event Date:08/22/2018 

Office: New York - 11XS; Room(s): 

2700 AB CM# 33260.0010 - meeting 

with creditors regarding documents 

$498.10 

08/22/2018 Brian S. Rosen FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

Meals Invoice Date 08/31/2018 

1808319877 Catering for: 2704 - 

Rosen, Brian S. Booked On: 

08/21/2018;Event Date:08/22/2018 

Office: New York - 11XS; Room(s): 

2700 AB CM# 33260.0010 - meeting 

with creditors regarding documents 

$1,428.98 

08/23/2018 Brian S. Rosen FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

Meals Invoice Date 08/31/2018 

1808319877 Catering for: 2704 - 

Rosen, Brian S. Booked On: 

08/21/2018;Event Date:08/23/2018 

Office: New York - 11XS; Room(s): 

2700 AB CM# 33260.0010 - 

Meetings with Puerto Rico/COFINA 

parties regarding plan 

$498.10 

08/27/2018 Brian S. Rosen FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$498.10 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 138 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170167966 

0010 PROMESA TITLE III: COFINA Page 47 

Date Timekeeper Type Description Amount

08/27/2018 Brian S. Rosen FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$824.73 

08/27/2018 Brian S. Rosen FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$81.66 

08/27/2018 Brian S. Rosen FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$179.64 

08/27/2018 Brian S. Rosen FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$187.81 

08/27/2018 Elliot Stevens FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$62.60 

08/27/2018 Elliot Stevens FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$274.91 

08/27/2018 Elliot Stevens FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$62.60 

08/27/2018 Elliot Stevens FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$59.88 

08/28/2018 Brian S. Rosen FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$498.10 

08/28/2018 Brian S. Rosen FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$1,428.98 

08/28/2018 Brian S. Rosen FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$43.55 

08/28/2018 Brian S. Rosen FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$179.64 

08/28/2018 Brian S. Rosen FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$81.66 

08/28/2018 Brian S. Rosen FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$187.81 

08/28/2018 Ehud Barak FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$249.05 

08/28/2018 Ehud Barak FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$412.36 

08/29/2018 Brian S. Rosen FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$498.10 

08/29/2018 Brian S. Rosen FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$1,624.96 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 139 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170167966 

0010 PROMESA TITLE III: COFINA Page 48 

Date Timekeeper Type Description Amount

08/29/2018 Brian S. Rosen FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$81.66 

08/29/2018 Brian S. Rosen FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$65.33 

08/29/2018 Brian S. Rosen FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$179.64 

08/29/2018 Brian S. Rosen FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$187.81 

08/29/2018 Brian S. Rosen FOOD 

SERVICE/CONF. 

DINING 

FOOD SERVICE/CONF. DINING 

[REDACTED: Expense relating to 

court-ordered mediation] 

$952.66 

Total for FOOD SERVICE/CONF. 

DINING $46,576.17

Date Timekeeper Type Description Amount

08/28/2018 Suzanne Kuszel DINNER 

VOUCHER/SWEB 

DINNER VOUCHER/SWEB Meals 

[REDACTED: Expense relating to 

court-ordered mediation] 

$432.03 

Total for DINNER 

VOUCHER/SWEB $432.03

Charges and Disbursements Summary

Type of Disbursements Amount

REPRODUCTION 477.30 

LEXIS 1,176.00 

TAXI, CARFARE, MILEAGE AND PARKING 74.30 

OUT OF TOWN MEALS 40.00 

PRINTING, BINDING, ETC. 258.95 

AIRPLANE 935.72 

LODGING 785.02 

FOOD SERVICE/CONF. DINING 46,576.17 

DINNER VOUCHER/SWEB 432.03 

Total Expenses $50,755.49

Total Amount for this Matter $650,422.69

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 140 of 154
UNITED STATES DISTRICT COURT

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

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

PROMESA

Title III

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”), et al.,

Debtor.

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

PROMESA

Title III

No. 17 BK 3284-LTS

COVER SHEET TO SEVENTEENTH MONTHLY FEE APPLICATION OF

PROSKAUER ROSE LLP FOR COMPENSATION FOR FEES AND SERVICES

RENDERED OUTSIDE OF PUERTO RICO 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 (“COFINA”), FOR THE PERIOD 

SEPTEMBER 1, 2018 THROUGH SEPTEMBER 30, 2018

ALL FEES AND SERVICES IN THIS MONTHLY FEE STATEMENT 

WERE INCURRED INSIDE PUERTO RICO

 

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); and (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). (Title III case numbers are listed as Bankruptcy Case numbers due to software limitations).

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 141 of 154
2

Name of Applicant: Proskauer Rose LLP (“Proskauer”)

Authorized to Provide Professional Services 

to:

Financial Oversight and Management Board, 

as Representative for the Debtor Pursuant to

PROMESA Section 315(b)

Period for which compensation and 

reimbursement for fees and services outside of 

Puerto Rico is sought:

September 1, 2018 through September 30, 

2018

Amount of compensation sought as actual, 

reasonable and necessary:

$20,948.40

Amount of expense reimbursement sought as 

actual, reasonable and necessary:

$0.00

Total Amount for this Invoice: $20,948.40

This is a: X monthly __ interim __ final application.

This is Proskauer’s seventeenth monthly fee application in these cases and is for fees and 

services rendered inside Puerto Rico.

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 142 of 154
3

Principal Certification

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

______________________________________ 

Jaime A. El Koury 

General Counsel to the Financial Oversight and 

Management Board for Puerto Rico 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 143 of 154
4

On October 4, 2018 sent to:

FOMB: Co-Counsel for AAFAF:

Financial Oversight and Management Board O’Melveny & Myers LLP,

40 Washington Square South Times Square Tower

Office 314A 7 Times Square

New York, NY 10012 New York, NY 10036

Attn: Professor Arthur J. Gonzalez Attn: John J. Rapisardi, Esq.

FOMB Board Member Suzzanne Uhland, Esq.

 Diana M. Perez, Esq.

O’Neill & Borges LLC

250 Muñoz Rivera Ave., Suite 800 Marini Pietrantoni Muñiz LLC 

San Juan, PR 00918 MCS Plaza, Suite 500

Attn: Hermann D. Bauer, Esq. 255 Ponce de León Ave

San Juan, PR 00917

Attn: Luis C. Marini-Biaggi, Esq. 

Office of United States Trustee Carolina Velaz-Rivero, Esq.

Office of the United States Trustee for the District of 

Puerto Rico

Edificio Ochoa, 500 Tanca Street, Suite 301 Co-Counsel for the Official Committee of Retirees:

San Juan, PR 00901 Jenner & Block LLP

(In re: Commonwealth of Puerto Rico) 919 Third Avenue

New York, NY 10022-3908

Office of the United States Trustee for Region 21 Attn.: Robert Gordon, Esq.

75 Spring Street, SW, Room 362 Richard Levin, Esq.

Atlanta, GA 30303

Attn: Guy G. Gebhardt Jenner & Block LLP

 Acting United States Trustee (Region 21) 353 N. Clark Street

(In re: Commonwealth of Puerto Rico) Chicago, IL 60654

Attn.: Catherine Steege, Esq.

 Melissa Root, Esq.

Co-Counsel for the Official Committee of Unsecured 

Creditors:

Paul Hastings LLP Bennazar, García & Milián, C.S.P.

200 Park Avenue Edificio Union Plaza, PH-A 

New York, NY 10166 416 Avenida Ponce de León

Attn: Luc. A. Despins, Esq. Hato Rey, PR 00918

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

Casillas, Santiago & Torres, LLC 

El Caribe Office Building 

53 Palmeras Street, Ste. 1601 Puerto Rico Department of Treasury 

San Juan, Puerto Rico 00901-2419 PO Box 9024140

Attn: Juan J. Casillas Ayala, Esq. San Juan, PR 00902-4140

Alberto J. E. Añeses Negrón, Esq. Attn: Reylam Guerra Goderich, Deputy Assistant of 

 Central Accounting

Omar E. Rodríguez Pérez, CPA, Assistant

Co-Counsel for the Fee Examiner Secretary of Central Accounting

Godfrey & Kahn S.C. Angel L. Pantoja Rodríguez, Deputy Assistant of

One East Main Street, Suite 500 Internal Revenue and Tax Policy

Madison, WI 53703 Francisco Parés Alicea, Assistant Secretary of

Attn: Katherine Stadler Internal Revenue and Tax Policy

Francisco Peña Montañez, CPA, Assistant 

EDGE Legal Strategies, PSC Secretary of the Treasury

252 Ponce de León Avenue

Citibank Tower, 12th Floor

San Juan, PR 00918

Attn: Eyck O. Lugo

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 144 of 154
5

COFINA – General in Puerto Rico

Task 

Code Matter Description Total BilledHours

Total Fees

Requested

201 Tasks relating to the Board, its Members, 

its Staff, its Advisors or its Consultants 0.20 $151.80 

204 Communications with Claimholders 0.60 $455.40 

205 

Communications with the Commonwealth 

and its Representatives of the 

Commonwealth or its Instrumentalities

0.20 $151.80 

210 Analysis and Strategy 2.20 $1,669.80 

215 Plan of Adjustment and Disclosure 

Statement 24.40 $18,519.60 

Total 27.60 $20,948.40

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 145 of 154
6

Professional Position/Title Department Hourly

Billing Rate

Total Billed

Hours

Total

Compensation

Brian S. Rosen Partner BSGR & B $759.00 27.60 $20,948.40 

TOTAL 27.60 $20,948.40

SUMMARY OF LEGAL FEES Hours

27.60 

Fees

$20,948.40 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 146 of 154
7

Proskauer 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 $18,853.56, and reimbursement of one-hundred percent (100%) of 

expenses incurred, in the amount of $0.00) in the total amount of $18,853.56. 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 147 of 154
8 

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, Proskauer Rose LLP 

does not have any debts owed to the Government of Puerto Rico or its instrumentalities.

____________________________________ 

Ann M. Ashton (pro hac vice) 

Proskauer Rose LLP 

1001 Pennsylvania Avenue, NW 

Suite 600 South 

Washington, DC 20004-2533 

Tel: (202) 416-5825 

Fax: (202) 416-6899 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 148 of 154
Exhibit A

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 149 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170167932 

0027 PROMESA TITLE III: COFINA (PUERTO RICO 

TIME/EXPENSES) 

Page 1 

Summary of Time Billed by Task Hours Value

201 Tasks relating to the Board and Associated Members 0.20 $151.80 

204 Communications with Claimholders 0.60 $455.40 

205 Communications with the Commonwealth and its Representa 0.20 $151.80 

210 Analysis and Strategy 2.20 $1,669.80 

215 Plan of Adjustment and Disclosure Statement 24.40 $18,519.60 

Total 27.60 $20,948.40

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 150 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170167932 

0027 PROMESA TITLE III: COFINA (PUERTO RICO 

TIME/EXPENSES) 

Page 2 

Tasks relating to the Board and Associated Members -- 201

Date Timekeeper Task Description Hours Amount

09/05/18 Brian S. Rosen 201 Review Board ratification. 0.20 $151.80 

Tasks relating to the Board and Associated Members 0.20 $151.80

Communications with Claimholders -- 204

Date Timekeeper Task Description Hours Amount

09/27/18 Brian S. Rosen 204 [REDACTED: Work relating to courtordered mediation]. 0.60 $455.40 

Communications with Claimholders 0.60 $455.40

Communications with the Commonwealth and its Representatives -- 205

Date Timekeeper Task Description Hours Amount

09/05/18 Brian S. Rosen 205 Review P. Friedman memorandum 

regarding COFINA litigation (0.10); 

Memorandum to P. Friedman regarding 

same (0.10). 

0.20 $151.80 

Communications with the Commonwealth and its Representatives 0.20 $151.80

Analysis and Strategy -- 210

Date Timekeeper Task Description Hours Amount

09/05/18 Brian S. Rosen 210 Memorandum to M. Bienenstock 

regarding joinders. 

0.10 $75.90 

09/27/18 Brian S. Rosen 210 Meeting with O'Neill team, et al, 

regarding open issues and COFINA 

legislation. 

2.10 $1,593.90 

Analysis and Strategy 2.20 $1,669.80

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 151 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170167932 

0027 PROMESA TITLE III: COFINA (PUERTO RICO 

TIME/EXPENSES) 

Page 3 

Plan of Adjustment and Disclosure Statement -- 215

Date Timekeeper Task Description Hours Amount

09/05/18 Brian S. Rosen 215 Review creditor memorandum 

regarding status (0.10); Memorandum 

to creditor regarding same (0.10); 

Review memorandum of another 

creditor regarding same (0.10); 

Communications with that creditor 

regarding same (0.10); Review 

memorandum regarding plan support 

agreement (0.10); Memorandum to 

creditor regarding same and regarding 

holdings (0.20); Memorandum to J. 

Minias regarding UCC position on plan 

support agreement (0.10); 

Teleconference with J. Minias regarding 

same (0.30); Memorandum to creditor 

regarding plan support agreement 

changes (0.10); Memorandum to 

another creditor regarding timing and 

abeyance (0.30); Memorandum to D. 

Forman regarding term sheet (0.20); 

Teleconference with D. Forman 

regarding same (0.30); Memorandum to 

J. Levitan regarding disclosure 

statement (0.10); Memorandum to 

creditor regarding joinder (0.10); 

Memorandum to another creditor 

regarding COFINA trades (0.20); 

Teleconference with that creditor 

regarding same (0.20); Memorandum to 

creditor regarding abeyance motion 

(0.10); Meeting with V. Wong and M. 

Rappaport regarding tax status (0.50); 

Revise plan support agreement (5.10); 

Teleconference with J. Habernicht 

regarding Board ratification (0.20). 

8.50 $6,451.50 

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 152 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170167932 

0027 PROMESA TITLE III: COFINA (PUERTO RICO 

TIME/EXPENSES) 

Page 4 

Date Timekeeper Task Description Hours Amount

09/06/18 Brian S. Rosen 215 Meeting with D. Brownstein regarding 

COFINA update and tax issues (0.20); 

Review autonomy letter (0.90); 

Memorandum to D. Brownstein and V. 

Wong regarding term sheet (0.10); 

Memorandum to D. Brownstein 

regarding plan support agreement 

(0.10); Memorandum to creditor 

regarding status (0.10); Memorandum 

to S. Uhland regarding term sheet 

changes (0.10); Memorandum to E. 

Arias regarding same (0.10); 

Memorandum to D. Forman regarding 

voting rights (0.20); Memorandum to D. 

Brownstein, et al regarding issues 

(0.20); Revise plan of adjustment 

(3.80); Conference call with D. 

Brownstein and V. Wong regarding 

update to plan support agreement 

(0.40). 

6.20 $4,705.80 

09/27/18 Brian S. Rosen 215 Review draft COFINA disclosure 

statement (3.40); Review and revise 

COFINA confirmation calendar (0.70). 

4.10 $3,111.90 

09/28/18 Brian S. Rosen 215 Review and revise COFINA settlement 

agreement (0.90); Review draft 9019 

motion (1.30); Memorandum to M. 

Rodriguez regarding COFINA 

legislation (0.10); Teleconference with 

P. Pierlus regarding same (0.10); 

Memorandum to P. Pierlus regarding 

same (0.10); Teleconference with D. 

Brownstein regarding certain creditors 

(0.20); Teleconference with T. Green 

regarding status (0.20); Memorandum 

to creditor regarding COFINA 

settlement agreement (0.10); 

Memorandum to creditor regarding 

certain claims (0.10); Memorandum to 

another creditor regarding relevant 

issues (0.10); Review creditor 

memorandum regarding disclosure 

statement distribution (0.10); 

Memorandum to creditor regarding 

same (0.10); Memorandum to J. Levitan 

regarding disclosure statement and 

calendar (0.10); Review draft disclosure 

statement (2.10). 

5.60 $4,250.40 

Plan of Adjustment and Disclosure Statement 24.40 $18,519.60

Total for Professional Services $20,948.40

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 153 of 154
33260 FOMB 

PROFESSOR ARTHUR J. GONZALEZ, FOMB BOARD 

MEMBER 

Invoice 170167932 

0027 PROMESA TITLE III: COFINA (PUERTO RICO 

TIME/EXPENSES) 

Page 5 

Timekeeper Summary

Timekeeper Status Hours Rate Value

BRIAN S. ROSEN PARTNER 27.60 759.00 $20,948.40 

 Total for PARTNER 27.60 $20,948.40

Total 27.60 $20,948.40

Total Amount for this Matter $20,948.40

Case:17-03283-LTS Doc#:4279-2 Filed:11/16/18 Entered:11/16/18 16:21:21 Desc:

Exhibit B Page 154 of 154