Case 20-32299-KLP Doc 2207 Filed 05/17/21 Entered 05/17/21 16:56:17 Desc Main Document Page 1 of 19
Dennis F. Dunne, Esq. (admitted pro hac vice) Tyler P. Brown, Esq. (VSB No. 28072) Alan J. Stone, Esq. (admitted pro hac vice) Justin F. Paget, Esq. (VSB No. 77949) Matthew Brod, Esq. (admitted pro hac vice) Jennifer E. Wuebker, Esq. (VSB No. 91184) MILBANK LLP HUNTON ANDREWS KURTH LLP 55 Hudson Yards Riverfront Plaza, East Tower New York, New York 10001 951 East Byrd Street Telephone: (212) 530-5000 Richmond, Virginia 23219 Facsimile: (212) 530-5219 Telephone: (804) 788-8200 Facsimile: (804) 788-8218 Andrew M. Leblanc, Esq. (admitted pro hac vice) S. Robert Marsters, Jr. Esq. (admitted pro hac vice) MILBANK LLP 1850 K Street, NW, Suite 1100 Washington, DC 20006 Telephone: (202) 835-7500
Co-Counsel for the Official Committee of Unsecured Creditors
IN THE UNITED STATES BANKRUPTCY COURT FOR THE EASTERN DISTRICT OF VIRGINIA RICHMOND DIVISION
) In re: ) Chapter 11 ) INTELSAT S.A., et al.,1 ) Case No. 20-32299 (KLP) ) Debtors. ) (Jointly Administered) )
EIGHTH MONTHLY FEE STATEMENT OF MOELIS & COMPANY, LLC FOR COMPENSATION FOR SERVICES RENDERED AND REIMBURSEMENT OF EXPENSES INCURRED FROM MARCH 1, 2021 THROUGH MARCH 31, 2021
Basic Information
Name of Applicant: Moelis & Company, LLC
Authorized to provide professional services to: Official Committee of Unsecured Creditors
1 Due to the large number of Debtors in these chapter 11 cases, for which joint administration has been granted, a complete list of the Debtor entities and the last four digits of their federal tax identification numbers is not provided herein. A complete list may be obtained on the website of the Debtors’ proposed claims and noticing agent at https://cases.stretto.com/intelsat. The location of the Debtors’ service address is: 7900 Tysons One Place, McLean, VA 22102.
1
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September 22, 2020 nunc pro tunc to May 29, Date of retention order: 2020
Petition date: May 17, 2020
Summary of Compensation & Expenses Sought in Application
Type of fee application: 8th Monthly Fee Statement
Period for which compensation and March 1, 2021 – March 31, 2021 reimbursement sought: Total fees requested in this Fee $180,000.00 (80% of $225,000.00) Statement: Total expenses requested in this Fee $7,437.00 Statement:
Moelis & Company, LLC (“Moelis”), investment banker for the Official Committee of
Unsecured Creditors (the “Committee”) of Intelsat S.A. and its affiliated debtors in possession
(collectively, the “Debtors”) in the above-captioned Chapter 11 cases (the “Cases”), by this
Court’s Order (I) Authorizing the Retention and Employment of Moelis & Company LLC as
Investment Banker for the Official Committee of Unsecured Creditors, Effective as of May 29,
2020, (II) Waiving Certain Time-Keeping Requirements, and (III) Granting Related Relief
[Dkt. No. 813] (the “Moelis Retention Order”), hereby files this eighth monthly fee statement
(the “Fee Statement”) pursuant to sections 328, 330, 331 and 1103 of title 11 of the United States
Code (the “Bankruptcy Code”), Rule 2016(a) of the Federal Rules of Bankruptcy Procedure (the
“Bankruptcy Rules”), Local Bankruptcy Rule 2016-1 of the Local Bankruptcy Rules for the
United States Bankruptcy Court for the Eastern District of Virginia (the “Local Rule(s)”), and the
Order (I) Establishing Procedures for Interim Compensation and Reimbursement of Expenses for
Retained Professionals and (II) Granting Related Relief [Dkt. No. 425] (the “Interim
Compensation Order”), for: (i) compensation in the amount of $180,000.00 for the reasonable
and necessary professional services Moelis rendered to the Committee during the period of March
2
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1, 2021 through and including March 31, 2021 (the “Eighth Monthly Period”) (which amount is
equal to eighty percent (80%) of the total amount of compensation sought herein of $225,000.00);
and (ii) reimbursement for the actual and necessary expenses that Moelis incurred in the amount
of $7,437.00 (representing 100% of the expenses allowed) during the Eighth Monthly Period.
1. The following are attached in support of the Fee Statement and in compliance with
the Moelis Retention Order:
a. Exhibit A is a list identifying each Moelis investment-banking professional
who rendered services to the Committee during the Eighth Monthly Period.
b. Exhibit B is a summary of hours incurred by Moelis restructuring
professionals, who expended a total of 167.5 hours2 in connection with the
Cases during the Eighth Monthly Period. Including non-restructuring
professionals, Moelis investment-banking professionals expended a total of
186.0 hours in connection with the Cases during the Eighth Monthly Period.
c. Exhibit C is a summary of the expenses incurred by Moelis during the Eighth
Monthly Period with respect to each type of expense for which Moelis seeks
reimbursement. An itemized list of expenses incurred by Moelis during the
Eighth Monthly Period is attached hereto as Exhibit D.
d. Exhibit E are copies of the invoices from attorneys that provided legal services
to Moelis during the Eighth Monthly Period in connection with the Cases and
for which Moelis seeks reimbursement. The cost of such legal fees and
expenses incurred by Moelis during the Eighth Monthly Period amount to
$7,437.00.
2 Excluding all hours worked by Moelis professionals not within the restructuring group (these professionals have been listed in Exhibit A).
3
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Representations
2. Although every effort has been made to include all fees and expenses incurred
during the Eighth Monthly Period, some fees and expenses might not be included in this Monthly
Fee Statement due to delays caused in connection with accounting and processing of such time
and expenses. Accordingly, Moelis reserves the right to make further applications to this Court.
Notice
3. In accordance with the Interim Compensation Order, a copy of the Monthly Fee
Statement has been or will shortly be provided by hand or overnight delivery, on: (i) the Debtors,
Intelsat S.A., 7900 Tysons One Place, McLean, VA 22102, Attn: Michelle Bryan, Executive Vice
President, General Counsel and Chief Administrative Officer; (ii) counsel to the Debtors, Kirkland
& Ellis LLP, 601 Lexington Avenue, New York, New York 10022, Attn: Steven Serajeddini, P.C.
([email protected]), Anthony R. Grossi ([email protected]), and
Ameneh Bordi ([email protected]) (iii) co-counsel to the Debtors, Kutak Rock LLP,
901 East Byrd Street, Suite 1000, Richmond Virginia 23219, Attn: Michael A. Condyles
([email protected]), Peter J. Barrett ([email protected]), Jeremy S.
Williams ([email protected]), and Brian H. Richardson
([email protected]); (iv) counsel to an ad hoc group of certain holders of the
Debtors’ secured term loan and secured notes (the “Intelsat Jackson Ad Hoc Group”), Akin
Gump Strauss Hauer & Feld LLP, One Bryant Park, New York, New York 10036, Attn: Ira S.
Dizengoff; ([email protected]), Abid Qureshi ([email protected]), and Brad
Kahn ([email protected]); (v) counsel to an ad hoc group of certain crossover holders of the
Debtors’ secured term loan and secured notes (the “Intelsat Jackson Crossover Ad Hoc
4
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Group”), Jones Day, 250 Vesey St., New York, New York 10281, Attn: Bruce Bennett;
([email protected]), Joshua Brody ([email protected]), and Peter Saba
([email protected]); (vi) counsel to any statutory committee appointed in these cases; (vii) the
Office of the United States Trustee, 701 East Broad Street, Suite 4304, Richmond, Virginia 23219,
Attn: Kenneth N. Whitehurst III, B. Webb King, Shannon F. Pecoraro, and Kathryn R.
Montgomery; and (viii) Robert J. Keach ([email protected]), Bernstein, Shur, Sawyer &
Nelson PA, 100 Middle Street, West Tower, Portland, ME, 04101, as Fee Examiner.
WHEREFORE, based upon the foregoing and for good cause shown, Moelis respectfully
requests allowance of its fees and expenses during the Eighth Monthly Period in the total amount
of $187,437.00, consisting of: (i) $180,000.00, which is 80% of the fees incurred by Moelis for
reasonable and necessary professional services rendered to the Committee, and (ii) $7,437.00 for
actual and necessary costs and expenses, and that such fees and expenses be paid as administrative
expenses of the Debtors’ estates.
5
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Dated: May 17, 2021 OFFICIAL COMMITTEE OF UNSECURED CREDITORS
/s/ Justin F. Paget Tyler P. Brown (VSB No. 28072) Justin F. Paget (VSB No. 77949) Jennifer E. Wuebker (VSB 91184) HUNTON ANDREWS KURTH LLP Riverfront Plaza, East Tower 951 East Byrd Street Richmond, Virginia 23219 Telephone: (804) 788-8200 Facsimile: (804) 788-8218
-and-
Dennis F. Dunne. Esq. (admitted pro hac vice) Alan J. Stone, Esq. (admitted pro hac vice) Matthew Brod, Esq. (admitted pro hac vice) MILBANK LLP 55 Hudson Yards New York, New York 10001 Telephone: (212) 530-5000 Facsimile: (212) 530-5219
Andrew M. Leblanc, Esq. (admitted pro hac vice) S. Robert Marsters, Jr. Esq. (admitted pro hac vice) MILBANK LLP 1850 K Street, NW, Suite 1100 Washington DC 20006 Telephone: (202) 835-7500 Facsimile: (202) 263-7586 Co-Counsel to Official Committee of Unsecured Creditors
/s/ Barak Klein Barak Klein Managing Director Moelis & Company, LLC 399 Park Avenue, 5th Floor New York, NY 10022 Telephone: (212) 883-3800 Investment Banker to the Official Committee of Unsecured Creditors
6
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EXHIBIT A
LIST OF PROFESSIONALS
Restructuring Professionals:
William Derrough Barak Klein Adam Waldman Milad Sedeh Taro Tan Brian Cherry Audrey Zhang
Non-Restructuring Professionals3:
Lawrence Chu Nick Brown
3 Excludes non-investment banking professionals (e.g., legal and compliance, accounting, business management and administrative) Case 20-32299-KLP Doc 2207 Filed 05/17/21 Entered 05/17/21 16:56:17 Desc Main Document Page 8 of 19
EXHIBIT B
SUMMARY TIME RECORDS DURING EIGHTH MONTHLY PERIOD
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Summary of Hours Moelis & Company Summary of Hours Worked March 1, 2021 - March 31, 2021 William Adam Lawrence Chu Barak Klein Nick Brown Milad Sedeh Brian Cherry Taro Tan Audrey Zhang Total Derrough Waldman
Managing Managing Managing Executive Executive Vice President Associate Associate Analyst Director Director Director Director Director Month March 2021 6.5 7.0 10.0 15.0 12.0 28.5 28.5 31.5 47.0 186.0 Total 6.5 7.0 10.0 15.0 12.0 28.5 28.5 31.5 47.0 186.0
Summary of Hours - March 2021 William Adam Lawrence Chu Barak Klein Nick Brown Milad Sedeh Brian Cherry Taro Tan Audrey Zhang Total Derrough Waldman
Managing Managing Managing Executive Executive Vice President Associate Associate Analyst Director Director Director Director Director Month 3/1/21 0.0 0.0 0.5 1.0 0.5 2.5 4.5 0.0 6.0 15.0 3/2/21 0.0 1.0 1.5 1.5 1.0 5.0 5.5 0.0 7.0 22.5 3/3/21 1.5 1.0 1.0 1.0 1.5 2.5 4.0 0.0 4.0 16.5 3/6/21 0.0 0.0 0.0 1.0 0.0 1.0 1.0 0.0 1.0 4.0 3/8/21 0.0 0.0 0.0 0.0 0.5 0.5 2.0 0.0 2.0 5.0 3/9/21 0.0 0.5 0.5 1.0 0.5 1.0 1.0 0.0 1.0 5.5 3/10/21 1.0 0.5 0.5 2.5 1.0 3.5 4.5 0.0 4.0 17.5 3/15/21 0.0 0.0 0.0 0.5 0.5 1.0 2.0 0.0 2.0 6.0 3/16/21 0.0 0.5 0.5 0.5 0.5 0.5 0.5 0.0 0.5 3.5 3/17/21 1.5 1.0 3.0 3.0 1.5 3.0 3.5 0.0 3.0 19.5 3/22/21 0.0 0.0 0.0 0.0 0.5 1.5 0.0 7.0 3.0 12.0 3/23/21 0.0 0.5 0.5 0.5 0.5 0.5 0.0 4.0 2.5 9.0 3/24/21 1.5 1.0 1.0 1.0 1.5 1.0 0.0 1.0 1.0 9.0 3/25/21 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3.0 0.0 3.0 3/28/21 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5.0 0.0 5.0 3/29/21 0.0 0.0 0.0 0.5 0.5 2.5 0.0 6.0 6.0 15.5 3/30/21 0.0 0.5 0.5 0.5 0.5 1.5 0.0 1.5 1.5 6.5 3/31/21 1.0 0.5 0.5 0.5 1.0 1.0 0.0 4.0 2.5 11.0 Total 6.5 7.0 10.0 15.0 12.0 28.5 28.5 31.5 47.0 186.0 Case 20-32299-KLP Doc 2207 Filed 05/17/21 Entered 05/17/21 16:56:17 Desc Main Document Page 10 of 19
Intelsat - Committee of Unsecured Creditors Moelis & Company Summary of Hours Worked
DATE HOURS NAME DESCRIPTION 03/01/21 2.0 hour(s) Brian Cherry Prepare weekly UCC materials 03/01/21 2.0 hour(s) Audrey Zhang Prepare weekly UCC materials 03/01/21 0.5 hour(s) Nick Brown Prepare weekly UCC materials 03/01/21 0.5 hour(s) Milad Sedeh Prepare weekly UCC materials 03/01/21 2.0 hour(s) Audrey Zhang Retention matters 03/01/21 0.5 hour(s) Brian Cherry Retention matters 03/01/21 0.5 hour(s) Barak Klein Review of Plan proposal term sheet 03/01/21 1.0 hour(s) Adam Waldman Review of Plan proposal term sheet 03/01/21 2.0 hour(s) Milad Sedeh Review of Plan proposal term sheet 03/01/21 2.0 hour(s) Brian Cherry Review of Plan proposal term sheet 03/01/21 2.0 hour(s) Audrey Zhang Review of Plan proposal term sheet 03/02/21 0.5 hour(s) Milad Sedeh Call with HL 03/02/21 0.5 hour(s) Adam Waldman Call with HL 03/02/21 0.5 hour(s) Barak Klein Call with HL 03/02/21 1.0 hour(s) Audrey Zhang Internal team call 03/02/21 1.0 hour(s) Brian Cherry Internal team call 03/02/21 1.0 hour(s) Milad Sedeh Internal team call 03/02/21 5.0 hour(s) Audrey Zhang Preparation of Plan financial analysis for the UCC 03/02/21 3.5 hour(s) Brian Cherry Preparation of Plan financial analysis for the UCC 03/02/21 2.5 hour(s) Milad Sedeh Preparation of Plan financial analysis for the UCC 03/02/21 1.0 hour(s) William Derrough Weekly advisors call 03/02/21 1.0 hour(s) Barak Klein Weekly advisors call 03/02/21 1.0 hour(s) Adam Waldman Weekly advisors call 03/02/21 1.0 hour(s) Nick Brown Weekly advisors call 03/02/21 1.0 hour(s) Milad Sedeh Weekly advisors call 03/02/21 1.0 hour(s) Brian Cherry Weekly advisors call 03/02/21 1.0 hour(s) Audrey Zhang Weekly advisors call 03/03/21 1.0 hour(s) William Derrough Call with UCC and UCC advisors 03/03/21 1.0 hour(s) Nick Brown Call with UCC and UCC advisors 03/03/21 1.0 hour(s) Milad Sedeh Call with UCC and UCC advisors 03/03/21 1.0 hour(s) Lawrence Chu Call with UCC and UCC advisors 03/03/21 1.0 hour(s) Brian Cherry Call with UCC and UCC advisors 03/03/21 1.0 hour(s) Barak Klein Call with UCC and UCC advisors 03/03/21 1.0 hour(s) Audrey Zhang Call with UCC and UCC advisors 03/03/21 1.0 hour(s) Adam Waldman Call with UCC and UCC advisors 03/03/21 3.0 hour(s) Audrey Zhang Preparation of Plan financial analysis for the UCC 03/03/21 2.5 hour(s) Brian Cherry Preparation of Plan financial analysis for the UCC 03/03/21 1.5 hour(s) Milad Sedeh Preparation of Plan financial analysis for the UCC 03/03/21 0.5 hour(s) Nick Brown Weekly regulatory call 03/03/21 0.5 hour(s) Lawrence Chu Weekly regulatory call 03/03/21 0.5 hour(s) Brian Cherry Weekly regulatory call 03/06/21 1.0 hour(s) Adam Waldman Review of equity committee motion 03/06/21 1.0 hour(s) Milad Sedeh Review of equity committee motion 03/06/21 1.0 hour(s) Brian Cherry Review of equity committee motion 03/06/21 1.0 hour(s) Audrey Zhang Review of equity committee motion 03/08/21 2.0 hour(s) Brian Cherry Prepare weekly UCC materials 03/08/21 2.0 hour(s) Audrey Zhang Prepare weekly UCC materials 03/08/21 0.5 hour(s) Nick Brown Prepare weekly UCC materials 03/08/21 0.5 hour(s) Milad Sedeh Prepare weekly UCC materials 03/09/21 0.5 hour(s) Adam Waldman Review of UCC statement regarding scheduling motion 03/09/21 0.5 hour(s) Milad Sedeh Review of UCC statement regarding scheduling motion 03/09/21 0.5 hour(s) Brian Cherry Review of UCC statement regarding scheduling motion 03/09/21 0.5 hour(s) Audrey Zhang Review of UCC statement regarding scheduling motion 03/09/21 0.5 hour(s) William Derrough Weekly advisors call 03/09/21 0.5 hour(s) Barak Klein Weekly advisors call 03/09/21 0.5 hour(s) Adam Waldman Weekly advisors call 03/09/21 0.5 hour(s) Nick Brown Weekly advisors call Case 20-32299-KLP Doc 2207 Filed 05/17/21 Entered 05/17/21 16:56:17 Desc Main Document Page 11 of 19
Intelsat - Committee of Unsecured Creditors Moelis & Company Summary of Hours Worked
DATE HOURS NAME DESCRIPTION 03/09/21 0.5 hour(s) Milad Sedeh Weekly advisors call 03/09/21 0.5 hour(s) Brian Cherry Weekly advisors call 03/09/21 0.5 hour(s) Audrey Zhang Weekly advisors call 03/10/21 0.5 hour(s) William Derrough Call with UCC and UCC advisors 03/10/21 0.5 hour(s) Nick Brown Call with UCC and UCC advisors 03/10/21 0.5 hour(s) Milad Sedeh Call with UCC and UCC advisors 03/10/21 0.5 hour(s) Lawrence Chu Call with UCC and UCC advisors 03/10/21 0.5 hour(s) Brian Cherry Call with UCC and UCC advisors 03/10/21 0.5 hour(s) Barak Klein Call with UCC and UCC advisors 03/10/21 0.5 hour(s) Audrey Zhang Call with UCC and UCC advisors 03/10/21 0.5 hour(s) Adam Waldman Call with UCC and UCC advisors 03/10/21 2.0 hour(s) Adam Waldman Hearing attendance 03/10/21 2.0 hour(s) Milad Sedeh Hearing attendance 03/10/21 2.0 hour(s) Brian Cherry Hearing attendance 03/10/21 2.0 hour(s) Audrey Zhang Hearing attendance 03/10/21 0.5 hour(s) Brian Cherry Retention matters 03/10/21 0.5 hour(s) Audrey Zhang Retention matters 03/10/21 1.0 hour(s) Milad Sedeh Review of UCC response to equity committee motion 03/10/21 1.0 hour(s) Brian Cherry Review of UCC response to equity committee motion 03/10/21 1.0 hour(s) Audrey Zhang Review of UCC response to equity committee motion 03/10/21 0.5 hour(s) Nick Brown Weekly regulatory call 03/10/21 0.5 hour(s) Lawrence Chu Weekly regulatory call 03/10/21 0.5 hour(s) Brian Cherry Weekly regulatory call 03/15/21 0.5 hour(s) Milad Sedeh Call with PJT 03/15/21 0.5 hour(s) Adam Waldman Call with PJT 03/15/21 2.0 hour(s) Brian Cherry Prepare weekly UCC materials 03/15/21 2.0 hour(s) Audrey Zhang Prepare weekly UCC materials 03/15/21 0.5 hour(s) Nick Brown Prepare weekly UCC materials 03/15/21 0.5 hour(s) Milad Sedeh Prepare weekly UCC materials 03/16/21 0.5 hour(s) William Derrough Weekly advisors call 03/16/21 0.5 hour(s) Barak Klein Weekly advisors call 03/16/21 0.5 hour(s) Adam Waldman Weekly advisors call 03/16/21 0.5 hour(s) Nick Brown Weekly advisors call 03/16/21 0.5 hour(s) Milad Sedeh Weekly advisors call 03/16/21 0.5 hour(s) Brian Cherry Weekly advisors call 03/16/21 0.5 hour(s) Audrey Zhang Weekly advisors call 03/17/21 1.0 hour(s) William Derrough Call with UCC and UCC advisors 03/17/21 1.0 hour(s) Nick Brown Call with UCC and UCC advisors 03/17/21 1.0 hour(s) Milad Sedeh Call with UCC and UCC advisors 03/17/21 1.0 hour(s) Lawrence Chu Call with UCC and UCC advisors 03/17/21 1.0 hour(s) Brian Cherry Call with UCC and UCC advisors 03/17/21 1.0 hour(s) Barak Klein Call with UCC and UCC advisors 03/17/21 1.0 hour(s) Audrey Zhang Call with UCC and UCC advisors 03/17/21 1.0 hour(s) Adam Waldman Call with UCC and UCC advisors 03/17/21 2.0 hour(s) Adam Waldman Hearing attendance 03/17/21 2.0 hour(s) Milad Sedeh Hearing attendance 03/17/21 2.0 hour(s) Brian Cherry Hearing attendance 03/17/21 2.0 hour(s) Audrey Zhang Hearing attendance 03/17/21 2.0 hour(s) Barak Klein Advisors call 03/17/21 0.5 hour(s) Nick Brown Weekly regulatory call 03/17/21 0.5 hour(s) Lawrence Chu Weekly regulatory call 03/17/21 0.5 hour(s) Brian Cherry Weekly regulatory call 03/22/21 1.0 hour(s) Audrey Zhang Internal team call 03/22/21 1.0 hour(s) Milad Sedeh Internal team call 03/22/21 1.0 hour(s) Taro Tan Internal team call 03/22/21 2.0 hour(s) Taro Tan Prepare weekly UCC materials 03/22/21 2.0 hour(s) Audrey Zhang Prepare weekly UCC materials Case 20-32299-KLP Doc 2207 Filed 05/17/21 Entered 05/17/21 16:56:17 Desc Main Document Page 12 of 19
Intelsat - Committee of Unsecured Creditors Moelis & Company Summary of Hours Worked
DATE HOURS NAME DESCRIPTION 03/22/21 0.5 hour(s) Nick Brown Prepare weekly UCC materials 03/22/21 0.5 hour(s) Milad Sedeh Prepare weekly UCC materials 03/22/21 4.0 hour(s) Taro Tan Review of prior process materials 03/23/21 2.0 hour(s) Audrey Zhang Review & updates to recovery model 03/23/21 3.0 hour(s) Taro Tan Review of recovery model 03/23/21 0.5 hour(s) Taro Tan Weekly advisors call 03/23/21 0.5 hour(s) William Derrough Weekly advisors call 03/23/21 0.5 hour(s) Barak Klein Weekly advisors call 03/23/21 0.5 hour(s) Adam Waldman Weekly advisors call 03/23/21 0.5 hour(s) Nick Brown Weekly advisors call 03/23/21 0.5 hour(s) Milad Sedeh Weekly advisors call 03/23/21 0.5 hour(s) Audrey Zhang Weekly advisors call 03/23/21 0.5 hour(s) Taro Tan Weekly advisors call 03/24/21 1.0 hour(s) William Derrough Call with UCC and UCC advisors 03/24/21 1.0 hour(s) Nick Brown Call with UCC and UCC advisors 03/24/21 1.0 hour(s) Milad Sedeh Call with UCC and UCC advisors 03/24/21 1.0 hour(s) Lawrence Chu Call with UCC and UCC advisors 03/24/21 1.0 hour(s) Barak Klein Call with UCC and UCC advisors 03/24/21 1.0 hour(s) Audrey Zhang Call with UCC and UCC advisors 03/24/21 1.0 hour(s) Adam Waldman Call with UCC and UCC advisors 03/24/21 1.0 hour(s) Taro Tan Call with UCC and UCC advisors 03/24/21 0.5 hour(s) Nick Brown Weekly regulatory call 03/24/21 0.5 hour(s) Lawrence Chu Weekly regulatory call 03/25/21 3.0 hour(s) Taro Tan Review of prior process materials 03/28/21 5.0 hour(s) Taro Tan Review of prior process materials 03/29/21 2.0 hour(s) Taro Tan Prepare weekly UCC materials 03/29/21 2.0 hour(s) Audrey Zhang Prepare weekly UCC materials 03/29/21 0.5 hour(s) Nick Brown Prepare weekly UCC materials 03/29/21 0.5 hour(s) Milad Sedeh Prepare weekly UCC materials 03/29/21 1.0 hour(s) Milad Sedeh Review of draft Debtors' financial statement filings 03/29/21 2.0 hour(s) Taro Tan Review of draft Debtors' financial statement filings 03/29/21 2.0 hour(s) Audrey Zhang Review of draft Debtors' financial statement filings 03/29/21 0.5 hour(s) Adam Waldman Review of FTI materials on SES scenarios 03/29/21 1.0 hour(s) Milad Sedeh Review of FTI materials on SES scenarios 03/29/21 2.0 hour(s) Taro Tan Review of FTI materials on SES scenarios 03/29/21 2.0 hour(s) Audrey Zhang Review of FTI materials on SES scenarios 03/30/21 1.0 hour(s) Milad Sedeh Review of Milbank materials for weekly UCC call 03/30/21 1.0 hour(s) Taro Tan Review of Milbank materials for weekly UCC call 03/30/21 1.0 hour(s) Audrey Zhang Review of Milbank materials for weekly UCC call 03/30/21 0.5 hour(s) Taro Tan Weekly advisors call 03/30/21 0.5 hour(s) William Derrough Weekly advisors call 03/30/21 0.5 hour(s) Barak Klein Weekly advisors call 03/30/21 0.5 hour(s) Adam Waldman Weekly advisors call 03/30/21 0.5 hour(s) Nick Brown Weekly advisors call 03/30/21 0.5 hour(s) Milad Sedeh Weekly advisors call 03/30/21 0.5 hour(s) Audrey Zhang Weekly advisors call 03/31/21 0.5 hour(s) Taro Tan Call with UCC and UCC advisors 03/31/21 0.5 hour(s) William Derrough Call with UCC and UCC advisors 03/31/21 0.5 hour(s) Nick Brown Call with UCC and UCC advisors 03/31/21 0.5 hour(s) Milad Sedeh Call with UCC and UCC advisors 03/31/21 0.5 hour(s) Lawrence Chu Call with UCC and UCC advisors 03/31/21 0.5 hour(s) Barak Klein Call with UCC and UCC advisors 03/31/21 0.5 hour(s) Audrey Zhang Call with UCC and UCC advisors 03/31/21 0.5 hour(s) Adam Waldman Call with UCC and UCC advisors 03/31/21 2.0 hour(s) Audrey Zhang Retention matters 03/31/21 0.5 hour(s) Taro Tan Retention matters 03/31/21 0.5 hour(s) Milad Sedeh Retention matters Case 20-32299-KLP Doc 2207 Filed 05/17/21 Entered 05/17/21 16:56:17 Desc Main Document Page 13 of 19
Intelsat - Committee of Unsecured Creditors Moelis & Company Summary of Hours Worked
DATE HOURS NAME DESCRIPTION 03/31/21 3.0 hour(s) Taro Tan Review of prior process materials 03/31/21 0.5 hour(s) Nick Brown Weekly regulatory call 03/31/21 0.5 hour(s) Lawrence Chu Weekly regulatory call
Mar. Total 186.0 hour(s) Total 186.0 hour(s) Case 20-32299-KLP Doc 2207 Filed 05/17/21 Entered 05/17/21 16:56:17 Desc Main Document Page 14 of 19
EXHIBIT C
SUMMARY EXPENSES DURING EIGHTH MONTHLY PERIOD
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Intelsat S.A. Moelis & Company Summary of Expenses March 1, 2021 - March 31, 2021
Summary Description Amount ($) Legal Fees Legal Outside counsel legal fees $7,437.00 Total Expenses $7,437.00 Case 20-32299-KLP Doc 2207 Filed 05/17/21 Entered 05/17/21 16:56:17 Desc Main Document Page 16 of 19
EXHIBIT D
ITEMIZED EXPENSES DURING EIGHTH MONTHLY PERIOD
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Intelsat S.A. Moelis & Company Expense Detail March 1, 2021 - March 31, 2021
Date Professional Description Amount ($)
2/28/2021 Legal Outside counsel legal fees for March 2021 $7,437.00 Total $7,437.00 Case 20-32299-KLP Doc 2207 Filed 05/17/21 Entered 05/17/21 16:56:17 Desc Main Document Page 18 of 19
EXHIBIT E
LEGAL SERVICES INVOICES
Case 20-32299-KLP Doc 2207 Filed 05/17/21 Entered 05/17/21 16:56:17 Desc Main Document Page 19 of 19 ATLANTA 90 PARK AVENUE BEIJING NEW YORK, NY 10016-1387 212-210-9400 BRUSSELS 212-210-9444 CHARLOTTE PLEASE SEND PAYMENT WITH REMITTANCE COPY DALLAS TO www.alston.com FORT WORTH Tax ID: 58-0137615 LONDON P.O. Box 933124 LOS ANGELES Atlanta, GA 31193-3124 NEW YORK RALEIGH SAN FRANCISCO SILICON VALLEY WASHINGTON, DC
Moelis & Company April 7, 2021 399 Park Avenue, 5th Floor Client: 060768 New York, NY 10022 Matter: 549431 Invoice #: 11204629 Stuart Rogers
INVOICE SUMMARY
Re: Intelsat
Services Billed: 7,437.00
Other Charges: 0.00
Invoice Total: 7,437.00 USD
US Tax Address: ELECTRONIC FUNDS TRANSFER INFORMATION
Alston & Bird LLP Bank Address: Wells Fargo Bank N.A., 171 17th Street, 7th Floor, Atlanta, Georgia One Atlantic Center 30363 1201 W. Peachtree Street For the Account Of: Alston & Bird LLP Atlanta, Georgia 30309-3424 ROUTING: ACH: 061000227 WIRE: 121000248 F.E.I # 58-0137615 Account #: 2000016952111 (404) 881-7000 Swift Code: WFBIUS6S PLEASE REFERENCE INVOICE NUMBER(S) ON WIRE
Remittance information can be e-mailed to [email protected]
Services or other charges, which either have not been received or processed, will appear on a later statement.