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UNITED STATES BANKRUPTCY COURT

NORTHERN DISTRICT OF CALIFORNIA 

SAN FRANCISCO DIVISION

In re:

PG&E CORPORATION,

- and –

PACIFIC GAS AND ELECTRIC 

COMPANY,

Debtors.

 Affects PG&E Corporation

 Affects Pacific Gas and Electric 

Company

 Affects both Debtors

* All papers shall be filed in the Lead Case 

No. 19-30088 (DM).

Bankruptcy Case No. 19-30088 (DM)

Chapter 11

(Lead Case)

(Jointly Administered

SECOND MONTHLY FEE STATEMENT OF 

CENTERVIEW PARTNERS LLC FOR 

ALLOWANCE AND PAYMENT OF 

COMPENSATION AND REIMBURSEMENT OF 

EXPENSES FOR THE PERIOD MARCH 1, 2019 

THROUGH MARCH 31, 2019

[No hearing requested]

To: The Notice Parties

Name of Applicant:

Authorized to Provide Professional 

Services to:

Date of Retention:

Period for which compensation and 

reimbursement are sought:

Amount of compensation sought as actual, 

reasonable, and necessary:

Amount of expense reimbursement sought 

as actual, reasonable, and necessary:

Centerview Partners LLC

Investment Banker for the Official Committee of 

Unsecured Creditors

May 16, 2019 nunc pro tunc to February 15, 2019 

March 1, 2019 through March 31, 2019

$200,000.00 (80% of $250,000.00) 

$19,717.011

Centerview Partners LLC (“Centerview” or the “Applicant”), the investment banker for the 

Official Committee of Unsecured Creditors (the “Committee”), hereby submits its Second Monthly Fee 

 1 Total expenses requested in this statement include $5,304.79 incurred during the February 15, 2019 – February 28, 2019 

fee period (the “Carryover Expenses”) that were not included in the prior Centerview Partners LLC Fee Statement due to 

delays caused by accounting and processing.

Case: 19-30088 Doc# 3151 Filed: 07/23/19 Entered: 07/23/19 11:22:28 Page 1 of

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Statement (this “Monthly Fee Statement”) for allowance and payment of compensation for professional 

services rendered and for reimbursement of actual and necessary expenses incurred for the period 

commencing March 1, 2019 through March 31, 2019 (the “Fee Period”) and incurred during prior fee 

periods solely as it relates to the Carryover Expenses, pursuant to the Order Pursuant to 11 U.S.C §§ 

331 and 105(a) and Fed. R. Bankr. P. 2016 for Authority to Establish Procedures for Interim 

Compensation and Reimbursement of Expenses of Professional dated February 27, 2019 [Docket No. 

701] (the “Interim Compensation Procedures Order”). 

By this Fee Statement, Centerview requests allowance and payment of $200,000.00 (80% of 

$250,000.00) as compensation for professional services rendered to the Committee during the Fee Period 

and allowance and payment of $19,717.01 (representing 100% of the expenses allowed) as 

reimbursement for actual and necessary expenses incurred by Centerview during the Fee Period and 

incurred during prior fee periods solely with respect to the Carryover Expenses. 

Annexed hereto as Exhibit A hereto is a schedule for the Fee Period, setting forth the total 

amount of reimbursement sought in this Monthly Fee Statement. As reflected in Exhibit A, Centerview 

incurred $250,000.00 in fees during the Fee Period. Pursuant to this Monthly Fee Statement, Centerview 

seeks reimbursement for $200,000.00 (80% of the incurred fees). Additionally, Centerview seeks 

reimbursement for $19,717.01 of expenses. Attached hereto as Exhibit B is a schedule of the number 

of estimated hours expended by Centerview professionals during the Fee Period with respect to each of 

the subject matter categories. The professionals of Centerview have expended an estimated total of 336.0

hours in connection with these chapter 11 cases during the Fee Period. Attached hereto as Exhibit C is 

a detailed itemization of expenses Centerview is seeking reimbursement for in this Fee Statement. 

Attached hereto as Exhibit D is Centerview’s invoice for the Fee Period.

Although every effort has been made to include all fees and expenses incurred in the Fee Period, 

some fees and expenses might not be included in this Monthly Fee Statement due to delays caused by 

accounting and processing during the Fee Period. Centerview reserves the right to make further 

Case: 19-30088 Doc# 3151 Filed: 07/23/19 Entered: 07/23/19 11:22:28 Page 2 of

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application to this Court for allowance of such fees and expenses not included herein. Subsequent 

Monthly Fee Statements will be filed in accordance with the Bankruptcy Code, the Bankruptcy Rules, 

Bankruptcy Local Rules, and the Interim Compensation Order. 

PLEASE TAKE FURTHER NOTICE that, in accordance with the Interim Compensation 

Procedures Order, responses or objections to this Monthly Fee Statement, if any, must be filed and served 

on or before the 21st day (or the next business day if such day is not a business day) following the date 

the Monthly Fee Statement is served (the “Objection Deadline”) with this Court. 

PLEASE TAKE FURTHER NOTICE that upon the expiration of the Objection Deadline, the 

Applicant shall file a certificate of no objection with the Court, after which the Debtors are authorized 

and directed to pay the Applicant an amount equal to 80% of the fees and 100% of the expenses requested 

in this Monthly Fee Statement. If an objection is properly filed, the Debtors shall be authorized and 

directed to pay the Applicant 80% of the fees and 100% of the expenses not subject to an objection. 

Dated: July 18, 2019 

Respectfully submitted,

CENTERVIEW PARTNERS LLC 

By: /s/ Karn Chopra 

Investment Banker for the Official Committee of 

Unsecured Creditors

Case: 19-30088 Doc# 3151 Filed: 07/23/19 Entered: 07/23/19 11:22:28 Page 3 of

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A - 1

EXHIBIT A

Summary of Fees and Expenses for the Fee Period

Total Fees Total Fees

Current Fee & Expenses & Expenses

Less: 20% (Net of Plus: (Net of (Incl. of

Period Total Fees Holdback Holdback) Expenses Holdback) Holdback)

Carryover 

Expenses – – – $5,304.79 $5,304.79 $5,304.79

3/1/2019-

3/31/2019 $250,000.00 ($50,000.00) $200,000.00 $14,412.21 $214,412.21 $264,412.21

Total Fee 

Period $250,000.00 ($50,000.00) $200,000.00 $19,717.01 $219,717.01 $269,717.01

Case: 19-30088 Doc# 3151 Filed: 07/23/19 Entered: 07/23/19 11:22:28 Page 4 of

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B - 1

EXHIBIT B

Summary of Hours by Centerview Professionals for the Fee Period

Sam Greene John Cogan Karn Chopra Willem Beer Whit Graham Michael Martynowicz Nicholas Ulanoff

Description Partner Partner Partner Managing Director Principal Associate Analyst Total

Financial Analysis / Drafting Materials 1.0 – 2.0 – 5.0 20.5 17.5 46.0

Internal Coordination with Committee and Co-Advisors 28.0 22.5 32.5 16.0 37.0 28.5 27.5 192.0

Coordination with Debtor and its Advisors 8.0 6.0 7.0 6.0 9.0 7.0 7.0 50.0

Diligence – – – – – – – –

Chapter 11 Court Process – – – – – – – –

Travel 12.0 12.0 – 12.0 12.0 – – 48.0

Coordination with Other Groups – – – – – – – –

Total 49.0 40.5 41.5 34.0 63.0 56.0 52.0 336.0

Case: 19-30088 Doc# 3151 Filed: 07/23/19 Entered: 07/23/19 11:22:28 Page 5 of

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C - 1

EXHIBIT C

SUMMARY OF EXPENSES

CARRYOVER EXPENSE DETAIL

Expense Type Date Name Description Amount

Transportation 02/16/2019 Karn Chopra Transportation While Traveling 120.29

Transportation 02/19/2019 Whit Graham Booking / Refund / Other Fee 7.00

Transportation 02/19/2019 Karn Chopra Booking / Refund / Other Fee 7.00

Transportation 02/19/2019 Willem Beer Booking / Refund / Other Fee 7.00

Transportation 02/22/2019 Willem Beer Booking / Refund / Other Fee 7.00

Transportation 02/22/2019 Willem Beer Booking / Refund / Other Fee 7.00

Transportation 02/26/2019 Whit Graham Booking / Refund / Other Fee 5.00

Transportation 02/26/2019 Willem Beer Booking / Refund / Other Fee 7.00

Transportation 02/26/2019 Willem Beer Booking / Refund / Other Fee 7.00

Transportation 02/26/2019 Willem Beer Booking / Refund / Other Fee 7.00

Transportation 02/26/2019 Whit Graham Booking / Refund / Other Fee 7.00

Transportation 02/26/2019 Whit Graham Booking / Refund / Other Fee 7.00

Transportation 02/26/2019 Whit Graham Booking / Refund / Other Fee 7.00

Transportation 02/26/2019 John Cogan Booking / Refund / Other Fee 7.00

Transportation 02/26/2019 John Cogan Booking / Refund / Other Fee 7.00

Transportation 02/26/2019 John Cogan Booking / Refund / Other Fee 7.00

Transportation 02/26/2019 Willem Beer Flight 820.50

Transportation 02/26/2019 Whit Graham Flight 820.50

Transportation 02/26/2019 Willem Beer Flight 977.53

Transportation 02/26/2019 John Cogan Flight 977.53

Transportation 02/27/2019 Sam Greene Flight 688.22

Transportation 02/27/2019 Sam Greene Flight 785.24

Transportation 02/28/2019 Karn Chopra Booking / Refund / Other Fee 5.00

Transportation 02/28/2019 Karn Chopra Booking / Refund / Other Fee 7.00

Transportation2 $5,304.79 

Total (Carryover Expenses) $5,304.79 

 2 Flight expenses for economy class tickets.

Type Expenses

Transportation $5,304.79

Total Carryover Expenses $5,304.79

Case: 19-30088 Doc# 3151 Filed: 07/23/19 Entered: 07/23/19 11:22:28 Page 6 of

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C - 2

03/01/19-03/29/19

Expense Type Date Name Description Amount

Transportation 03/01/2019 Karn Chopra Booking / Refund / Other Fee 5.00

Transportation 03/01/2019 Karn Chopra Booking / Refund / Other Fee 5.00

Transportation 03/01/2019 Sam Greene Booking / Refund / Other Fee 5.00

Transportation 03/01/2019 Sam Greene Booking / Refund / Other Fee 5.00

Transportation 03/01/2019 Karn Chopra Booking / Refund / Other Fee 7.00

Transportation 03/01/2019 Karn Chopra Booking / Refund / Other Fee 7.00

Transportation 03/01/2019 Sam Greene Booking / Refund / Other Fee 7.00

Transportation 03/01/2019 Sam Greene Booking / Refund / Other Fee 7.00

Transportation 03/01/2019 Willem Beer OT Transportation 15.96

Transportation 03/01/2019 Michael Martynowicz OT Transportation 26.33

Transportation 03/04/2019 Whit Graham Booking / Refund / Other Fee 7.00

Transportation 03/04/2019 Sam Greene Transportation While Traveling 11.15

Transportation 03/04/2019 Whit Graham Transportation While Traveling 33.38

Transportation 03/04/2019 Willem Beer OT Transportation 129.20

Transportation 03/04/2019 Sam Greene Transportation While Traveling 172.16

Transportation 03/04/2019 Whit Graham Flight 636.10

Transportation 03/05/2019 Nicholas Ulanoff Booking / Refund / Other Fee 7.00

Transportation 03/05/2019 Nicholas Ulanoff Booking / Refund / Other Fee 7.00

Transportation 03/05/2019 Nicholas Ulanoff Booking / Refund / Other Fee 7.00

Transportation 03/05/2019 Whit Graham Transportation While Traveling 13.00

Transportation 03/05/2019 Whit Graham Transportation While Traveling 13.28

Transportation 03/05/2019 Willem Beer Transportation While Traveling 27.00

Transportation 03/05/2019 John Cogan Transportation While Traveling 60.94

Transportation 03/05/2019 Willem Beer Transportation While Traveling 81.07

Transportation 03/06/2019 Nicholas Ulanoff Booking / Refund / Other Fee 5.00

Transportation 03/06/2019 Nicholas Ulanoff Booking / Refund / Other Fee 5.00

Transportation 03/06/2019 Nicholas Ulanoff Booking / Refund / Other Fee 7.00

Transportation 03/06/2019 Nicholas Ulanoff Booking / Refund / Other Fee 7.00

Transportation 03/06/2019 Nicholas Ulanoff Booking / Refund / Other Fee 7.00

Transportation 03/06/2019 Whit Graham Transportation While Traveling 13.72

Transportation 03/06/2019 Whit Graham Transportation While Traveling 36.35

Transportation 03/06/2019 Nicholas Ulanoff OT Transportation 38.51

Transportation 03/06/2019 Whit Graham Transportation While Traveling 45.30

Transportation 03/06/2019 Willem Beer Transportation While Traveling 47.34

Type Expenses

Transportation $10,170.70

Lodging 3,755.46

Meals 195.38

Communication 290.67

Total Expenses (3/1/19-3/31/19) $14,412.21

Case: 19-30088 Doc# 3151 Filed: 07/23/19 Entered: 07/23/19 11:22:28 Page 7 of

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C - 3

Expense Type Date Name Description Amount

Transportation 03/12/2019 Marc Puntus Booking / Refund / Other Fee 7.00

Transportation 03/12/2019 Marc Puntus Booking / Refund / Other Fee 7.00

Transportation 03/12/2019 Whit Graham Booking / Refund / Other Fee 7.00

Transportation 03/14/2019 John Cogan Transportation While Traveling 11.62

Transportation 03/14/2019 John Cogan Transportation While Traveling 59.98

Transportation 03/14/2019 John Cogan Transportation While Traveling 70.28

Transportation 03/15/2019 Nicholas Ulanoff OT Transportation 10.25

Transportation 03/18/2019 Whit Graham Transportation While Traveling 38.01

Transportation 03/19/2019 Karn Chopra Booking / Refund / Other Fee 7.00

Transportation 03/20/2019 Nicholas Ulanoff OT Transportation 24.24

Transportation 03/20/2019 Michael Martynowicz Transportation While Traveling 29.34

Transportation 03/21/2019 Karn Chopra Booking / Refund / Other Fee 5.00

Transportation 03/21/2019 Karn Chopra Booking / Refund / Other Fee 7.00

Transportation 03/21/2019 Karn Chopra Booking / Refund / Other Fee 7.00

Transportation 03/21/2019 Nicholas Ulanoff OT Transportation 29.02

Transportation 03/21/2019 Whit Graham OT Transportation 33.64

Transportation 03/21/2019 Whit Graham OT Transportation 51.60

Transportation 03/21/2019 Karn Chopra Flight 820.50

Transportation 03/22/2019 Michael Martynowicz OT Transportation 31.59

Transportation 03/22/2019 Nicholas Ulanoff OT Transportation 52.37

Transportation 03/22/2019 Sam Greene Flight 869.07

Transportation 03/25/2019 Karn Chopra Booking / Refund / Other Fee 7.00

Transportation 03/25/2019 Sam Greene Booking / Refund / Other Fee 7.00

Transportation 03/25/2019 Nicholas Ulanoff OT Transportation 14.78

Transportation 03/25/2019 John Cogan Transportation While Traveling 40.46

Transportation 03/25/2019 John Cogan Transportation While Traveling 63.27

Transportation 03/25/2019 Karn Chopra Flight 743.25

Transportation 03/26/2019 Whit Graham Booking / Refund / Other Fee 7.00

Transportation 03/26/2019 Whit Graham Booking / Refund / Other Fee 7.00

Transportation 03/26/2019 Michael Martynowicz OT Transportation 34.13

Transportation 03/26/2019 Whit Graham OT Transportation 39.36

Transportation 03/26/2019 Whit Graham Flight 472.60

Transportation 03/27/2019 Whit Graham Booking / Refund / Other Fee 7.00

Transportation 03/27/2019 Whit Graham Booking / Refund / Other Fee 7.00

Transportation 03/27/2019 Sam Greene Booking / Refund / Other Fee 7.00

Transportation 03/27/2019 Sam Greene Booking / Refund / Other Fee 7.00

Transportation 03/27/2019 Whit Graham Flight 357.33

Transportation 03/27/2019 Willem Beer Flight 742.44

Transportation 03/27/2019 Whit Graham Flight 954.15

Transportation 03/27/2019 Willem Beer Flight 954.15

Transportation 03/27/2019 John Cogan Flight 961.62

Transportation 03/27/2019 John Cogan Flight 961.62

Transportation 03/28/2019 Marc Puntus Booking / Refund / Other Fee 5.00

Case: 19-30088 Doc# 3151 Filed: 07/23/19 Entered: 07/23/19 11:22:28 Page 8 of

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C - 4

Expense Type Date Name Description Amount

Transportation 03/28/2019 Marc Puntus Booking / Refund / Other Fee 5.00

Transportation 03/28/2019 John Cogan Booking / Refund / Other Fee 7.00

Transportation 03/28/2019 Whit Graham Booking / Refund / Other Fee 7.00

Transportation 03/28/2019 Marc Puntus Booking / Refund / Other Fee 7.00

Transportation 03/28/2019 Marc Puntus Booking / Refund / Other Fee 7.00

Transportation 03/28/2019 Nicholas Ulanoff OT Transportation 23.84

Transportation 03/29/2019 Nicholas Ulanoff OT Transportation 27.41

Transportation3 $10,170.70 

Lodging 03/04/2019 Nicholas Ulanoff Hotel 600.00

Lodging 03/05/2019 Willem Beer Hotel 600.00

Lodging 03/05/2019 John Cogan Hotel 600.00

Lodging 03/05/2019 Sam Greene Hotel 600.00

Lodging 03/05/2019 Sam Greene Hotel 155.46

Lodging 03/07/2019 Whit Graham Hotel 1,200.00

Lodging4 $3,755.46

Meals 03/05/2019 Sam Greene Meals While Traveling 80.585

Meals 03/05/2019 Whit Graham Meals While Traveling 25.00

Meals 03/06/2019 Whit Graham Meals While Traveling 19.30

Meals 03/04/2019 Whit Graham OT Meals in Office 6.29

Meals 03/04/2019 Whit Graham OT Meals in Office 18.54

Meals 03/18/2019 Whit Graham OT Meals in Office 23.92

Meals 03/21/2019 Whit Graham OT Meals in Office 11.79

Meals 03/28/2019 Whit Graham OT Meals in Office 9.96

Meals $195.38 

Communication 03/04/2019 Willem Beer Wifi on Plane 39.95

Communication 03/04/2019 Whit Graham Wifi on Plane 39.95

Communication 03/04/2019 Whit Graham Wifi on Plane 39.95

Communication 03/05/2019 Sam Greene Wifi on Plane 16.00

Communication 03/06/2019 Sam Greene Wifi on Plane 16.00

Communication 03/06/2019 Whit Graham Wifi on Plane 39.95

Communication 03/12/2019 Karn Chopra Wifi on Plane 7.50

Communication 03/13/2019 Karn Chopra Wifi on Plane 32.42

Communication 03/16/2019 Sam Greene Wifi on Plane 9.95

Communication 03/22/2019 Sam Greene Wifi on Plane 12.00

Communication 03/22/2019 Sam Greene Wifi on Plane 12.00

Communication 03/26/2019 Sam Greene Wifi on Plane 25.00

Communication $290.67 

 3 Flight expenses for economy class tickets.

4 Hotel expenses on 3/04/2019 and 3/05/2019 reflect one night stays; hotel expense on 3/07/2019 reflects two night 

stay.

5 Meal for two Centerview professionals.

Case: 19-30088 Doc# 3151 Filed: 07/23/19 Entered: 07/23/19 11:22:28 Page 9 of

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C - 2

Expense Type Date Name Description Amount

Total (March 1 - March 31) $14,412.21

Case: 19-30088 Doc# 3151 Filed: 07/23/19 Entered: 07/23/19 11:22:28 Page 10

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D - 1

EXHIBIT D

COPY OF INVOICE

Case: 19-30088 Doc# 3151 Filed: 07/23/19 Entered: 07/23/19 11:22:28 Page 11

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Centerview Partners LLC 

31 West 52nd Street 

22nd Floor 

New York, NY 10019 

(212) 380-2650 

Tax ID: 20-0834979 

 

July 18, 2019 

PG&E Corporation and Pacific Gas and 

Electric Company 

Attention: John Boken & Michelle Repko 

AlixPartners 

865 South Figueroa Street Suite 2310, 

Los Angeles 90017 

 

 

INVOICE # 1736.1.07.18.2019 

Monthly Advisory Fee per paragraph 2(a) of the engagement 

 letter dated February 15, 2019: 

 March: $ 250,000.00

 Carryover expenses: 5,304.79

 Out-of-pocket expenses (3/1/19-3/31/19): 14,412.21

 Total expense reimbursement requested: 19,717.01

 

 Total $ 269,717.01

 

Wire Instructions: 

 Account Name: Centerview Partners LLC 

 Account #: 95331450 

 Bank: Citibank NA 

 ABA #: 021000089 

 Bank Address: 153 East 53rd St, New York, NY 10022 

 Contact: Accounting (212) 429-2435 

 

Case: 19-30088 Doc# 3151 Filed: 07/23/19 Entered: 07/23/19 11:22:28 Page 12

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Notice Parties

PG&E Corporation

c/o Pacific Gas & Electric Company

Attn: Janet Loduca, Esq.

77 Beale Street

San Francisco, CA 94105

Weil, Gotshal & Manges LLP

Attn: Stephen Karotkin, Esq.

Jessica Liou, Esq.

Matthew Goren, Esq.

767 Fifth Avenue

New York, NY 10153-0119

Keller & Benvenutti LLP

Attn: Tobias S. Keller, Esq.

Jane Kim, Esq

650 California Street, Suite 1900

San Francisco, CA 94108

The Office of the United States Trustee for Region 17

Attn: James L. Snyder, Esq.

Timothy Laffredi, Esq.);

450 Golden Gate Avenue, 5th Floor, Suite #05-0153

San Francisco, CA 94102

Baker & Hostetler LLP

Attn: Eric Sagerman, Esq. and

Cecily Dumas, Esq.

11601 Wilshire Boulevard, Suite 1400

Los Angeles, CA 90025-0509

Case: 19-30088 Doc# 3151 Filed: 07/23/19 Entered: 07/23/19 11:22:28 Page 13

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