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UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF NEW YORK --------------------------------------------------------x In re : : THELEN LLP, : : Debtor. : --------------------------------------------------------x
SUPPLEMENTAL STATEMENT REGARDING ESTATE DEPOSITS SUBMITTED IN CONNECTION WITH FIRST INTERIM FEE APPLICATIONS TO THE HONORABLE ALLAN L. GROPPER, UNITED STATES BANKRUPTCY JUDGE: Yann Geron (the Trustee), as chapter 7 trustee of the estate of Thelen LLP (the Debtor), the above-captioned debtor, as and for his statement regarding current estate economics submitted in connection with the pending first interim fee applications, upon information and belief, respectfully reports and represents: 1. On July 13, 2010, the trustee and his various professionals filed first
interim fee applications seeking payment of fees for services rendered and reimbursement of expenses as follows:
Professional Trustee Fox Rothschild LLP CBIZ Accounting, Tax & Advisory of New York, LLC Time Period Covered by Application September 18, 2009 to January 31, 2010 September 18, 2009 to January 31, 2010 September 18, 2009 to January 31, 2010 Fees Sought $ 21,145.29 $ 530,629.50 $269,952.651 Expenses Sought $ 417.43 $ 9,111.00 $13,169.82
2.
Trustee and his professionals are seeking an award of first interim fees and
expenses totaling $844,425.69 for fees and expenses incurred during the period September 19,
At the request of the Trustee, this amount reflects a voluntary reduction of $7,025.00 by CBIZ.
accounting covered the same period, and reported that the funds in the estate as of January 31, 2010 were $764,418.48. As of todays date, Trustee has on deposit in this Debtors estate accounts a total of $1,159,883.75. 3. Therefore, Trustee has sufficient funds on hand to pay in full all fees and
expenses sought by the first interim applications while leaving an adequate reserve. Dated: New York, New York July 28, 2010 /s/ Yann Geron Yann Geron, Chapter 7 Trustee c/o Fox Rothschild LLP 100 Park Avenue, Suite 1500 New York, New York 10017 (212) 878-7900
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