1 44553.00001

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

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 

EIGHTH MONTHLY FEE STATEMENT OF 

CENTERVIEW PARTNERS LLC FOR 

ALLOWANCE AND PAYMENT OF 

COMPENSATION AND REIMBURSEMENT OF 

EXPENSES FOR THE PERIOD SEPTEMBER 1, 

2019 THROUGH SEPTEMBER 30, 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 

September 1, 2019 through September 30, 2019 

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

$2,141.69 

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

Official Committee of Unsecured Creditors (the “Committee”), hereby submits its Eighth 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# 4740 Filed: 11/14/19 Entered: 11/14/19 16:38:55 Page 1 of

10
2 

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

commencing August 1, 2019 through August 31, 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 $2,141.69 (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 $2,141.69 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 269.0 

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 

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# 4740 Filed: 11/14/19 Entered: 11/14/19 16:38:55 Page 2 of

10
Case: 19-30088 Doc# 4740 Filed: 11/14/19 Entered: 11/14/19 16:38:55 Page 3 of

10
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)

9/1/2019-

9/30/2019 $250,000.00 ($50,000.00) $200,000.00 $2,141.69 $202,141.69 $252,141.69

Total Fee 

Period $250,000.00 ($50,000.00) $200,000.00 $2,141.69 $202,141.69 $252,141.69

Case: 19-30088 Doc# 4740 Filed: 11/14/19 Entered: 11/14/19 16:38:55 Page 4 of

10
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 Nic

Description Partner Partner Partner Managing Director Principal Associate 

Financial Analysis / Drafting Materials – 1.0 4.0 – 21.0 20.5 Internal Coordination with Committee and Co-Advisors 11.5 5.5 14.5 9.5 16.5 19.0 Coordination with Debtor and its Advisors – – 0.5 – 1.0 1.0 Diligence 2.0 1.0 6.0 7.0 9.0 10.0 Chapter 11 Court Process 1.0 – 3.0 3.0 5.5 3.0 Travel – – 13.0 – – 13.0 Coordination with Other Groups 5.0 2.0 3.5 1.0 5.5 2.5 Total 19.5 9.5 44.5 20.5 58.5 69.0 

Case: 19-30088 Doc# 4740 Filed: 11/14/19 Entered: 11/14/19 16:38:55 Page 

10
D - 1 

EXHIBIT C 

SUMMARY OF EXPENSES 

Expense Type Date Name Description Amount 

Transportation 09/04/2019 Martynowicz, Mike Transportation While Traveling 73.67 

Transportation 09/04/2019 Chopra, Karn Transportation While Traveling 117.60 

Transportation 09/05/2019 Martynowicz, Mike Transportation While Traveling 71.76 

Transportation 09/05/2019 Martynowicz, Mike Transportation While Traveling 33.73 

Transportation 09/05/2019 Chopra, Karn Transportation While Traveling 133.40 

Transportation 09/06/2019 Martynowicz, Mike Transportation While Traveling 66.36 

Transportation 09/10/2019 Martynowicz, Mike OT Transportation 30.27 

Transportation 09/10/2019 Graham, Whit OT Transportation 42.68 

Transportation 09/11/2019 Leung, Kevin OT Transportation 61.12 

Transportation 09/16/2019 Martynowicz, Mike OT Transportation 34.65 

Transportation 09/17/2019 Martynowicz, Mike OT Transportation 37.55 

Transportation 09/18/2019 Martynowicz, Mike OT Transportation 28.56 

Transportation 09/10/2019 Graham, Whit Booking / Refund / Other Fee 22.00 

Transportation 09/10/2019 Graham, Whit Booking / Refund / Other Fee 7.00 

Transportation 09/17/2019 Beer, Willem Booking / Refund / Other Fee 7.00 

Transportation 09/17/2019 Beer, Willem Booking / Refund / Other Fee 7.00 

Transportation 09/26/2019 Beer, Willem Booking / Refund / Other Fee 7.00 

Transportation 09/26/2019 Beer, Willem Booking / Refund / Other Fee 7.00 

Transportation 09/26/2019 Beer, Willem Booking / Refund / Other Fee 7.00 

 Transportation $795.35 

Lodging 09/05/2019 Martynowicz, Mike Hotel (1 Night) 600.00 

Lodging 09/05/2019 Chopra, Karn Hotel (1 Night) 600.00 

 Lodging $1,200.00 

 

Type Expenses

Transportation $795.35

Lodging 1,200.00

Meals 113.69

Communication 32.65

Total Expenses (9/1/19-9/30/19) $2,141.69

Case: 19-30088 Doc# 4740 Filed: 11/14/19 Entered: 11/14/19 16:38:55 Page 6 of

10
 2 

Expense Type Date Name Description Amount 

Meals 09/05/2019 Chopra, Karn OT Meals 5.23 

Meals 09/05/2019 Martynowicz, Mike Meals While Traveling 61.84 

Meals 09/10/2019 Martynowicz, Mike OT Meals 21.06 

Meals 09/16/2019 Martynowicz, Mike OT Meals 14.79 

Meals 09/18/2019 Martynowicz, Mike OT Meals 10.77 

 Meals $113.69 

Communication 09/04/2019 Chopra, Karn Wifi on Plane 16.65 

Communication 09/05/2019 Chopra, Karn Wifi on Plane 16.00 

 Communication $32.65 

Total $2,141.69 

Case: 19-30088 Doc# 4740 Filed: 11/14/19 Entered: 11/14/19 16:38:55 Page 7 of

10
 3 

EXHIBIT D 

COPY OF INVOICE 

Case: 19-30088 Doc# 4740 Filed: 11/14/19 Entered: 11/14/19 16:38:55 Page 8 of

10
Centerview Partners LLC 

31 West 52nd Street 

22nd Floor 

New York, NY 10019 

(212) 380-2650 

Tax ID: 20-0834979 

November 8, 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 # 1736.3.11.08.2019 

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

 letter dated February 15, 2019: 

 September: $ 250,000.00

 Out-of-pocket expenses (9/1/19-9/30/19): 2,141.69

 Total $ 252,141.69

 

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# 4740 Filed: 11/14/19 Entered: 11/14/19 16:38:55 Page 9 of

10
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# 4740 Filed: 11/14/19 Entered: 11/14/19 16:38:55 Page 10

of 10