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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) 

TENTH MONTHLY FEE STATEMENT OF 

CENTERVIEW PARTNERS LLC FOR 

ALLOWANCE AND PAYMENT OF 

COMPENSATION AND REIMBURSEMENT OF 

EXPENSES FOR THE PERIOD NOVEMBER 1, 

2019 THROUGH NOVEMBER 30, 2019 

Objection Deadline: January 31, 2020 at 4:00 p.m. 

(PT) 

[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 

November 1, 2019 through November 30, 2019 

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

$5,760.37 

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

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

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 

Case: 19-30088 Doc# 5340 Filed: 01/10/20 Entered: 01/10/20 12:48:44 Page 1 of

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commencing November 1, 2019 through November 30, 2019 (the “Fee Period”) 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 $5,760.37 (representing 100% of the expenses allowed) as reimbursement 

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

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 $5,760.37 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 252.3

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 

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 

Case: 19-30088 Doc# 5340 Filed: 01/10/20 Entered: 01/10/20 12:48:44 Page 2 of

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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: January 10, 2020

Respectfully submitted,

CENTERVIEW PARTNERS LLC

By: /s/Karn Chopra

Karn Chopra

Partner

Investment Banker for the Official Committee of 

Unsecured Creditors

Case: 19-30088 Doc# 5340 Filed: 01/10/20 Entered: 01/10/20 12:48:44 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)

11/1/2019-

11/30/2019 $250,000.00 ($50,000.00) $200,000.00 $5,760.37 $205,760.37 $255,760.37

Total Fee 

Period $250,000.00 ($50,000.00) $200,000.00 $5,760.37 $205,760.37 $255,760.37

Case: 19-30088 Doc# 5340 Filed: 01/10/20 Entered: 01/10/20 12:48:44 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 Philip Bent Nicholas Ulanoff

Description Partner Partner Partner Managing Director Principal Associate Analyst Total

Financial Analysis / Drafting Materials – – – – 12.3 19.0 86.0 117.3

Internal Coordination with Committee and Co-Advisors 8.5 3.0 8.8 4.5 16.3 6.5 13.0 60.5

Coordination with Debtor and its Advisors – 0.5 – 0.5 0.5 – – 1.5

Coordination with Other Groups 1.0 – 1.0 – 5.5 – 5.0 12.5

Diligence 2.0 1.5 1.5 2.0 4.0 3.5 6.0 20.5

Chapter 11 Court Process 6.0 – – – 6.0 – – 12.0

Travel 14.0 – – – 14.0 – – 28.0

Total 31.5 5.0 11.3 7.0 58.5 29.0 110.0 252.3

Case: 19-30088 Doc# 5340 Filed: 01/10/20 Entered: 01/10/20 12:48:44 Page 5 of

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C - 1

EXHIBIT C

SUMMARY OF EXPENSES

Expense Type Date Name Description Amount

Transportation 11/06/2019 Nicholas Ulanoff OT Transportation 27.41

Transportation 11/07/2019 Nicholas Ulanoff OT Transportation 22.96

Transportation 11/08/2019 Nicholas Ulanoff OT Transportation 10.20

Transportation 11/10/2019 Nicholas Ulanoff OT Transportation 14.20

Transportation 11/11/2019 Nicholas Ulanoff OT Transportation 24.04

Transportation 11/13/2019 Nicholas Ulanoff OT Transportation 19.02

Transportation 11/14/2019 Nicholas Ulanoff OT Transportation 32.62

Transportation 11/16/2019 Nicholas Ulanoff OT Transportation 21.47

Transportation 11/17/2019 Nicholas Ulanoff OT Transportation 31.15

Transportation 11/17/2019 Sam Greene Booking / Refund / Other Fee 7.00

Transportation 11/17/2019 Sam Greene Booking / Refund / Other Fee 9.00

Transportation 11/18/2019 Nicholas Ulanoff OT Transportation 29.95

Transportation 11/18/2019 Sam Greene Flight 600.00

Transportation 11/18/2019 Whit Graham Booking / Refund / Other Fee 7.00

Transportation 11/18/2019 Whit Graham Booking / Refund / Other Fee 7.00

Transportation 11/18/2019 Whit Graham Flight 600.00

Transportation 11/18/2019 Whit Graham Flight 600.00

Transportation 11/19/2019 Philip Bent OT Transportation 24.72

Transportation 11/19/2019 Whit Graham Transportation While Traveling 101.46

Transportation 11/19/2019 Whit Graham Transportation While Traveling 182.22

Transportation 11/19/2019 Sam Greene Transportation While Traveling 184.22

Transportation 11/19/2019 Sam Greene Booking / Refund / Other Fee 7.00

Transportation 11/19/2019 Sam Greene Booking / Refund / Other Fee 7.00

Transportation 11/19/2019 Sam Greene Booking / Refund / Other Fee 7.00

Transportation 11/19/2019 Sam Greene Flight 600.00

Transportation 11/20/2019 Sam Greene Transportation While Traveling 20.26

Transportation 11/20/2019 Sam Greene Transportation While Traveling 105.04

Transportation 11/20/2019 Whit Graham Transportation While Traveling 7.34

Transportation 11/20/2019 Whit Graham Transportation While Traveling 36.52

Transportation 11/20/2019 Nicholas Ulanoff OT Transportation 30.32

Transportation 11/20/2019 Sam Greene Booking / Refund / Other Fee 7.00

Type Expenses

Transportation $3,661.79

Lodging 1,207.00

Meals 827.58

Communication 64.00

Total Expenses (11/1/2019-11/30/2019) $5,760.37

Case: 19-30088 Doc# 5340 Filed: 01/10/20 Entered: 01/10/20 12:48:44 Page 6 of

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C - 2

Expense Type Date Name Description Amount

Transportation 11/20/2019 Whit Graham Booking / Refund / Other Fee 7.00

Transportation 11/21/2019 Whit Graham Transportation While Traveling 45.20

Transportation 11/21/2019 Sam Greene Transportation While Traveling 102.38

Transportation 11/21/2019 Sam Greene Transportation While Traveling 25.85

Transportation 11/21/2019 Philip Bent OT Transportation 42.53

Transportation 11/21/2019 Sam Greene Booking / Refund / Other Fee 7.00

Transportation 11/21/2019 Sam Greene Booking / Refund / Other Fee 7.00

Transportation 11/21/2019 Whit Graham Booking / Refund / Other Fee 7.00

Transportation 11/22/2019 Sam Greene Booking / Refund / Other Fee 7.00

Transportation 11/23/2019 Nicholas Ulanoff OT Transportation 27.71

Transportation $3,661.79 

Lodging 11/20/2019 Sam Greene Hotel (1 Night) 600.00

Lodging 11/20/2019 Whit Graham Hotel (1 Night) 600.00

Lodging 11/22/2019 Whit Graham Hotel Booking Fee 7.00

Lodging $1,207.00 

Meals 11/05/2019 Nicholas Ulanoff OT Meals 29.86

Meals 11/06/2019 Nicholas Ulanoff OT Meals 35.93

Meals 11/07/2019 Nicholas Ulanoff OT Meals 30.01

Meals 11/07/2019 Nicholas Ulanoff OT Meals 34.99

Meals 11/08/2019 Nicholas Ulanoff OT Meals 37.95

Meals 11/09/2019 Nicholas Ulanoff OT Meals (Weekend) 37.64

Meals 11/09/2019 Nicholas Ulanoff OT Meals (Weekend) 35.43

Meals 11/09/2019 Nicholas Ulanoff OT Meals (Weekend) 39.61

Meals 11/10/2019 Nicholas Ulanoff OT Meals (Weekend) 23.79

Meals 11/10/2019 Nicholas Ulanoff OT Meals (Weekend) 41.88

Meals 11/11/2019 Nicholas Ulanoff OT Meals 38.36

Meals 11/12/2019 Nicholas Ulanoff OT Meals 36.30

Meals 11/12/2019 Philip Bent OT Meals 18.27

Meals 11/14/2019 Nicholas Ulanoff OT Meals 40.00

Meals 11/17/2019 Nicholas Ulanoff OT Meals (Weekend) 40.00

Meals 11/18/2019 Nicholas Ulanoff OT Meals 44.44

Meals 11/19/2019 Sam Greene Meals While Traveling 3.80

Meals 11/19/2019 Whit Graham Meals While Traveling 10.71

Meals 11/20/2019 Sam Greene Meals While Traveling 56.93

Meals 11/20/2019 Philip Bent OT Meals 29.06

Meals 11/20/2019 Nicholas Ulanoff OT Meals 42.69

Meals 11/21/2019 Philip Bent OT Meals 39.96

Meals 11/22/2019 Nicholas Ulanoff OT Meals 36.85

Meals 11/26/2019 Nicholas Ulanoff OT Meals 43.12

Meals $827.58 

Case: 19-30088 Doc# 5340 Filed: 01/10/20 Entered: 01/10/20 12:48:44 Page 7 of

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Expense Type Date Name Description Amount

Communication 11/19/2019 Sam Greene Wifi on Plane 16.00

Communication 11/20/2019 Whit Graham Wifi on Plane 16.00

Communication 11/21/2019 Whit Graham Wifi on Plane 16.00

Communication 11/21/2019 Sam Greene Wifi on Plane 16.00

Communication $64.00 

Total (11/1/2019-11/30/2019) $5,760.37 

Case: 19-30088 Doc# 5340 Filed: 01/10/20 Entered: 01/10/20 12:48:44 Page 8 of

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EXHIBIT D

COPY OF INVOICE

Case: 19-30088 Doc# 5340 Filed: 01/10/20 Entered: 01/10/20 12:48:44 Page 9 of

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Centerview Partners LLC 

31 West 52nd Street 

22nd Floor 

New York, NY 10019 

(212) 380-2650 

Tax ID: 20-0834979 

January 10, 2020 

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 # 1736.01.10.2020 

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

 letter dated February 15, 2019: 

 November Monthly Advisory Fee (less 20% holdback): $ 250,000.00

 Out-of-pocket expenses: 5,760.37

 

 Total $ 255,760.37

 

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# 5340 Filed: 01/10/20 Entered: 01/10/20 12:48:44 Page 10

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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# 5340 Filed: 01/10/20 Entered: 01/10/20 12:48:44 Page 11

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