180711 ORDER RE GODFREY & KAHN FEE APPLICATION.DOCX VERSION JULY 11, 2018 1

UNITED STATES DISTRICT COURT

DISTRICT OF PUERTO RICO

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In re: PROMESA

Title III

THE FINANCIAL OVERSIGHT AND

MANAGEMENT BOARD FOR PUERTO RICO,

as representative of No. 17 BK 3283-LTS

THE COMMONWEALTH OF PUERTO RICO, (Jointly Administered)

et al.,

Debtors.1

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ORDER ALLOWING FIRST INTERIM CONSOLIDATED 

SEMIANNUAL APPLICATION OF THE FEE EXAMINER AND GODFREY & KAHN, S.C.

This matter coming before the Court on the First Interim Consolidated 

Application of the Fee Examiner and Godfrey & Kahn, S.C., Counsel to the Fee Examiner, for 

Allowance of Compensation for Services Rendered and Reimbursement of Expenses for the 

Period From October 6, 2017 Through March 31, 2018 (Docket Entry No. 3425 in Case No. 17-

3283, the “Application”), pursuant to section 316 of the Puerto Rico Oversight, Management and 

Economic Stability Act (“PROMESA”), 48 U.S.C. §§ 2101-2241, and Rule 2016 of the Federal 

 1 The Debtors in these Title III Cases, along with each Debtor’s respective Title III case 

number and the last four (4) digits of each Debtor’s federal tax identification number, as 

applicable, are the (i) Commonwealth of Puerto Rico (Bankruptcy Case No. 17 BK 3283-

LTS) (Last Four Digits of Federal Tax ID: 3481); (ii) Puerto Rico Sales Tax Financing 

Corporation (“COFINA”) (Bankruptcy Case No. 17 BK 3284-LTS) (Last Four Digits of 

Federal Tax ID: 8474); (iii) Puerto Rico Highways and Transportation Authority 

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

3808); (iv) Employees Retirement System of the Government of the Commonwealth of 

Puerto Rico (“ERS”) (Bankruptcy Case No. 17 BK 3566-LTS) (Last Four Digits of 

Federal Tax ID: 9686); and (v) Puerto Rico Electric Power Authority (“PREPA”) 

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

(Title III case numbers are listed as Bankruptcy Case numbers due to software 

limitations).

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Rules of Bankruptcy Procedure, for the interim allowance of certain fees and expenses, including 

all holdbacks, incurred by the applicants for the specific period of time set forth in the 

Application (the “Compensation Period”), filed in accordance with the Second Amended Order 

Setting Procedures for Interim Compensation and Reimbursement of Expenses of Professionals

(Docket Entry No. 3269, the “Interim Compensation Order”), the Fourth Amended Notice, Case 

Management and Procedures Order (Docket Entry No. 2839, the “Case Management 

Procedures”), the First Amended Order Pursuant to PROMESA Sections 316 and 317 and 

Bankruptcy Code Section 105(A) Appointing a Fee Examiner and Related Relief (Docket Entry 

No. 3324, the “Fee Examiner Order”), and the Order Authorizing the Employment of Godfrey & 

Kahn, S.C. as Counsel to the Fee Examiner (Docket Entry No. 1993), and the Court having 

reviewed the Application; and the Court finding that: (a) the Court has jurisdiction over this 

matter pursuant to PROMESA section 306(a); and (b) notice of the Application and the hearing 

thereon was adequate under the circumstances; and (c) all parties with notice of the Application 

have been afforded the opportunity to be heard on the Application, and no objections having 

been filed; now therefore 

IT IS HEREBY ORDERED THAT:

1. The Application is GRANTED on an interim basis.

2. The applicants are allowed (a) $787,816.42 in interim compensation for 

services rendered during the Compensation Period and (b) $5,195.53 in interim reimbursement 

for actual and necessary expenses incurred during the Compensation Period, including any and 

all holdbacks.

3. To the extent not already paid pursuant to the Interim Compensation 

Order, the Debtors are hereby authorized and directed to pay the applicants—within 15 days of 

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180711 ORDER RE GODFREY & KAHN FEE APPLICATION.DOCX VERSION JULY 11, 2018 3

the entry of this order—100 percent of the fees for services rendered and 100 percent of the 

expenses incurred during the Compensation Period.

4. This Order relates to and resolves Docket Entry Nos. 3425 and 3426 in 

Case No. 17-3283.

SO ORDERED.

Dated: July 11, 2018

 /s/ Laura Taylor Swain 

LAURA TAYLOR SWAIN

United States District Judge

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