20-22437-rdd Doc 478 Filed 08/12/20 Entered 08/12/20 16:55 ... · 20-22437-rdd Doc 478 Filed...

61067/0001-21042105v1

UNITED STATES BANKRUPTCY COURTSOUTHERN DISTRICT OF NEW YORK

)In re ) Chapter 11

)OneWeb Global Limited, et al,1 ) Case No. 20-22437 (RDD)

)Debtors. ) (Jointly Administered)

) Obj. Deadline: August 26, 2020 at 12:00 p.m. ET

COVER SHEET OF CONSOLIDATED FIRST MONTHLY FEE STATEMENTOF JEFFERIES LLC FOR REIMBURSEMENT OF EXPENSES INCURRED

FOR THE PERIOD FROM APRIL 18, 2020 TO AND INCLUDING JUNE 30, 2020

Name of Applicant: Jefferies LLC (“Jefferies”)

Authorized to Provide Professional Services to: Official Committee of Unsecured Creditors

Date of Retention: May 29, 2020 (effective April 18, 2020)

Period for Which Compensation and April 18, 2020 – June 30, 2020

Reimbursement Are Requested: (the “Compensation Period”)

Amount of Compensation Requested: $0.002

Amount of Compensation Requested Immediately: $0.00

Amount of Compensation Held Back: $0.00

Amount of Expense Reimbursement Requested: $19,343.00

This is a(n): monthly X interim ___ final___ application

1 The Debtors in these cases, along with the last four digits of each Debtors' federal tax identification number, if

any, are: OneWeb Global Limited (N/A); OneWeb Holdings LLC (5429); OneWeb Communications Limited (9487); WorldVu Satellites Limited (7802); WorldVu Development LLC (9067); WorldVu JV Holdings LLC (N/A); 1021823 B.C. LTD (8609); Network Access Associates Limited (8566); OneWeb Limited (8662); WorldVu South Africa (Pty) Ltd. (1867); OneWeb Chile SpA (2336); WorldVu Australia Pty Ltd. (5436); WorldVu Unipessoal Lda. (2455); OneWeb Norway AS (0209); OneWeb ApS (9191); OneWeb Network Access Holdings Limited (8580); OneWeb G.K. (1396); OneWeb Ltd (8661); WorldVu Mexico S. DE R. L. DE C.V. (1234). The Debtors' headquarters is located at 195 Wood Lane, West Works Building, 3rd Floor, London, W12 7FQ, UK

2 Pursuant to the Court’s order authorizing the retention of Jefferies, (a) the Debtors are allowed to pay Jefferies’ monthly fees (the “Monthly Fees”) when and as such Monthly Fees come due under the Jefferies engagement letter as approved by the Court and (b) Jefferies is not required to seek payment of such Monthly Fees pursuant to monthly fee applications. Accordingly, the Debtors’ payment of Monthly Fees for April, May, and June 2020, in the amount of $125,000 each, during the period covered by this monthly fee application is not reflected herein. Jefferies, however, will seek approval of such fees in its interim and final fee applications in these cases.

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ii61067/0001-21042105v1

CONSOLIDATED FIRST MONTHLY FEE STATEMENT OF JEFFERIES LLC

HOURS BY CATEGORY AND PROFESSIONALAPRIL 18, 2020 – JUNE 30, 2020

Jefferies LLCSummary of Hours by Category

April 18, 2020 - June 30, 2020

Category Code # Hours

1 Case Administration / General 16.5

2 Sale Process 148.5

3 Creditor Communication 114.0

4 Debtor Communication 19.0

5 DIP Financing 26.5

6 Testimony Preparat ion -

7 Plan of Reorganization -

8 Travel -

9 Due Diligence 41.0

10 Business Plan -

11 Case Strategy 101.5

Total 467.0

Jefferies LLCSummary of Hours by Professional

April 18, 2020 - June 30, 2020

Name Position Hours

Leon Szlezinger Managing Director, Global Joint Head of Debt Advisory 63.5

Jingzhi Dai Senior Vice President, Global Debt Advisory 101.5

Conor Coleman Associate, Global Debt Advisory 117.0

Jack Massie Associate, Global Debt Advisory 87.5

Dominic Lester Managing Director, European Head of Investment Banking 51.5

Christopher Squire Managing Director, European Head of Aerospace & Defence, Automotive and Industrial Tech 7.0

Luca Egidio Senior Vice President, European TMT 39.0

Total 467.0


61067/0001-21042105v1

CONSOLIDATED FIRST MONTHLY FEE STATEMENT OF JEFFERIES LLC

EXPENSES BY CATEGORYAPRIL 18, 2020 – JUNE 30, 2020

Category Amount

Meals $ -

Hotel & Accomodations $ -

Transportation $ -

Printing Services $ -

Legal $ 19,343.00

Total $ 19,343.00


61067/0001-21042105v1

UNITED STATES BANKRUPTCY COURTSOUTHERN DISTRICT OF NEW YORK

)In re ) Chapter 11

)OneWeb Global Limited, et al,1 ) Case No. 20-22437 (RDD)

)Debtors. ) (Jointly Administered)

) Obj. Deadline: August 26, 2020 at 12:00 p.m. ET

CONSOLIDATED FIRST MONTHLY FEE STATEMENT OF JEFFERIES LLC FOR REIMBURSEMENT OF EXPENSES INCURRED

FOR THE PERIOD FROM APRIL 18, 2020 TO AND INCLUDING JUNE 30, 2020

Jefferies LLC (“Jefferies”), the investment banker for the official committee of unsecured

creditors (the “Committee”) in the chapter 11 cases of the above-captioned debtors and debtors in

possession (collectively, the “Debtors”), hereby submits this consolidated monthly fee statement

(this “Fee Statement”) requesting interim allowance and reimbursement of 100% of Jefferies’

expenses incurred during the period from April 18, 2020 to and including June 30, 2020 (the

“Compensation Period”). In support of this Fee Statement, Jefferies respectfully represents as

follows:

Jurisdiction and Venue

1. The United States Bankruptcy Court for the Southern District of New York

(the “Court”) has jurisdiction over this matter pursuant to 28 U.S.C. § 1334. This matter is a core

1 The Debtors in these cases, along with the last four digits of each Debtors' federal tax identification number, if

any, are: OneWeb Global Limited (N/A); OneWeb Holdings LLC (5429); OneWeb Communications Limited (9487); WorldVu Satellites Limited (7802); WorldVu Development LLC (9067); WorldVu JV Holdings LLC (N/A); 1021823 B.C. LTD (8609); Network Access Associates Limited (8566); OneWeb Limited (8662); WorldVu South Africa (Pty) Ltd. (1867); OneWeb Chile SpA (2336); WorldVu Australia Pty Ltd. (5436); WorldVu Unipessoal Lda. (2455); OneWeb Norway AS (0209); OneWeb ApS (9191); OneWeb Network Access Holdings Limited (8580); OneWeb G.K. (1396); OneWeb Ltd (8661); WorldVu Mexico S. DE R. L. DE C.V. (1234). The Debtors' headquarters is located at 195 Wood Lane, West Works Building, 3rd Floor, London, W12 7FQ, UK


2

proceeding within the meaning of 28 U.S.C. § 157(b)(2). Venue of this matter is proper pursuant

to 28 U.S.C. §§ 1408 and 1409.

Background

2. On March 27, 2020 (the “Petition Date”), each of the Debtors filed a voluntary

petition with this Court for relief under chapter 11 of title 11 of the United States Code (the

“Bankruptcy Code”).

3. On April 16, 2020, the United States Trustee for the Southern District of New York

(the “U.S. Trustee”) appointed a Committee pursuant to section 1102 of the Bankruptcy Code

[Docket No. 67]. Shortly after its appointment, the Committee selected Jefferies as its investment

banker.

4. On May 8, 2020, the Committee filed an application to employ and retain Jefferies

as its investment banker under sections 328(a) and 1103(a) of the Bankruptcy Code, effective as

of April 18, 2020, pursuant to the terms and subject to the conditions of that certain engagement

letter (the “Engagement Letter”) between Jefferies and the Committee dated as of April 18, 2020

[Docket No. 130] (the “Retention Application”).2 A copy of the Engagement Letter was annexed

to the Retention Application as Exhibit B.

5. On May 29, 2020, the Court entered the order granting the Retention Application

[Docket No. 238] (the “Retention Order”). The Retention Order, among other things, authorized

2 Capitalized terms used but not otherwise defined herein shall have the meaning ascribed to such terms in the

Retention Application.


3

the Debtors to pay, reimburse, and indemnify Jefferies in accordance with the terms and conditions

of, and at the times specified in, the Engagement Letter, subject to application to the Court.3

6. On April 30, 2020, the Court entered the Order Establishing Procedures for Interim

Compensation and Reimbursement of Expenses for Professionals [Docket No. 106] (the “Interim

Compensation Order”), which generally sets forth the procedures for interim compensation and

expense reimbursement for all retained professionals in these cases. The Interim Compensation

Order provides that each professional shall, on before the 20th day of each calendar month

following the month for which compensation is sought, or as soon as practicable thereafter, file

and serve a statementrequesting allowance and payment of compensation for services rendered

and reimbursement of expenses incurred during the preceding month (each a “Monthly Fee

Statement”). Parties shall have 14 days following the filing of a Monthly Fee Statement to object

to such Monthly Fee Statement (the “Objection Deadline”). At the expiration of the Objection

Deadline, the Debtors shall promptly pay 80% of the fees and 100% of the expenses requested in

the applicable Monthly Fee Statement to which no objection has been served.

Relief Requested

7. By this Fee Statement, Jefferies requests requests interim allowance

and reimbursement of 100% of Jefferies’ expenses incurred during the Compensation Period in

connection with services provided to the Committee in the amount of $19,343.00.

8. All services for which compensation is requested by Jefferies were performed

during the Compensation Period on behalf of the Committee. Although Jefferies, in line with

3 Pursuant to the Court’s order authorizing the retention of Jefferies, (a) the Debtors are allowed to pay Jefferies’

monthly fees (the “Monthly Fees”) when and as such Monthly Fees come due under the Jefferies engagement letter as approved by the Court and (b) Jefferies is not required to seek payment of such Monthly Fees pursuant to monthly fee applications. Accordingly, the Debtors’ payment of such Monthly Fees is not reflected in this monthly fee application. Jefferies, however, will seek approval of such fees in its interim and final fee applicationsin these cases.


4

market convention, does not bill by the hour, Jefferies kept track of its post-petition time in half-

hour increments in accordance with the Retention Order. Such time records are attached hereto as

Exhibit A. During the Compensation Period, Jefferies professionals spent approximately 467.0

hours providing investment banking services to the Committee.

9. The fees charged by Jefferies have been billed in accordance with the Engagement

Letter and the Retention Order and are comparable to those fees charged by Jefferies for

professional services rendered in connection with similar chapter 11 cases and non-bankruptcy

matters. Jefferies submits that such fees are reasonable based upon the customary compensation

charged by similarly skilled practitioners in comparable bankruptcy cases and non-bankruptcy

matters in the competitive national investment banking market.

Actual and Necessary Expenses

10. Jefferies also incurred certain necessary expenses during the Compensation Period

for which it is entitled to reimbursement under the Engagement Letter. As set forth in greater

detail in the summary attached hereto as Exhibit B, Jefferies’ total expenses incurred during the

Compensation Period are $19,343.00.4

[Remainder of page intentionally left blank]

4 The expense reimbursements requested herein may not include certain expenses incurred by Jefferies during the

Compensation Period but not processed as of the date hereof. Any such expenses will be included in future monthly fee applications.


WHEREFORE, Jefferies requests interim allowance and reimbursement of 100% of

Jefferies’ expenses incurred during the Compensation Period in connection with such services in

the amount of $19,343.00.

Dated: August 12, 2020 Respectfully submitted,

/s/ Leon Szlezinger Leon SzlezingerManaging Director and Joint Global Head of RestructuringJEFFERIES LLC


Exhibit A

Time Records of Jefferies Professionals

20-22437-rdd Doc 478-1 Filed 08/12/20 Entered 08/12/20 16:55:01 Exhibit A -Time Records Pg 1 of 13

Jefferies LLC

April 18, 2020 - April 30, 2020

Date Banker Comments Hours Category

04/18/20 Leon Szlezinger Call with counsel re: introduction and strategy planning 0.5 11

04/19/20 Leon Szlezinger Kick-off call with Debtor Advisors (PH / JEF / Guggenheim / Milbank) 1.0 4

04/19/20 Leon Szlezinger Review engagement documentation 0.5 1

04/19/20 Leon Szlezinger Review first day motions 1.5 11

04/20/20 Leon Szlezinger Call with FTI/Guggenheim re: Cash Flow Budget 1.0 5

04/20/20 Leon Szlezinger Review court filings 1.0 9

04/21/20 Leon Szlezinger Call with FTI/Guggenheim re: Cash Flow Budget 1.0 5

04/21/20 Leon Szlezinger Call with Unsecured Creditors Committee 1.5 3

04/21/20 Leon Szlezinger Discussion re: sale process 0.5 2

04/21/20 Leon Szlezinger Review engagement letter 0.5 1

04/21/20 Leon Szlezinger Review and discuss court filings re: DIP Financing 1.0 9

04/22/20 Leon Szlezinger Review retention application and conflict check 0.5 1

04/22/20 Leon Szlezinger Kick-off call with Province 1.0 3

04/22/20 Leon Szlezinger Call with Guggenheim re: buyer outreach 1.0 2

04/22/20 Leon Szlezinger Call with Paul Hastings re: sale process 0.5 2

04/22/20 Leon Szlezinger Call with potential purchasers 1.0 2

04/23/20 Leon Szlezinger Debtor advisor call re: diligence 1.0 4

04/23/20 Leon Szlezinger Call with Guggenheim re: documentation 0.5 4

04/23/20 Leon Szlezinger Call with Paul Hastings re: case strategy 0.5 11

04/24/20 Leon Szlezinger Call with Paul Hastings re: Proposal 0.5 5

04/24/20 Leon Szlezinger Call with Paul Hastings re: SoftBank 0.5 5

04/24/20 Leon Szlezinger Call with UCC Advisors re: DIP Financing 0.5 5

04/24/20 Leon Szlezinger Review DIP analysis 0.5 5



04/28/20 Leon Szlezinger Prep Call for UCC Weekly Call 0.5 3


04/28/20 Leon Szlezinger Call with Guggenheim re: sale process 0.5 2

April 18, 2020 - April 30, 2020 Hours for Leon Szlezinger 21.5

04/18/20 Jingzhi Dai Call with counsel re: introduction and strategy planning 0.5 11

04/19/20 Jingzhi Dai Kick-off call with Debtor Advisors (PH / JEF / Guggenheim / Milbank) 1.0 4

04/19/20 Jingzhi Dai Review engagement documentation 0.5 1

04/19/20 Jingzhi Dai Review DIP analysis 0.5 5

04/19/20 Jingzhi Dai Administrative task re: engagement documentation 1.0 1

04/19/20 Jingzhi Dai Review first day motions 2.0 11

04/20/20 Jingzhi Dai Call with FTI/Guggenheim re: Cash Flow Budget 1.0 5

04/20/20 Jingzhi Dai Review and discuss DIP Budget 1.0 5

04/21/20 Jingzhi Dai Call with FTI/Guggenheim re: Cash Flow Budget 1.0 5

04/21/20 Jingzhi Dai Call with UCC re: case strategy and status 1.5 3

04/21/20 Jingzhi Dai Discussion re: sale process 0.5 2

04/21/20 Jingzhi Dai Review and discuss court filings re: DIP Financing 1.0 9

04/22/20 Jingzhi Dai Review retention application and conflict check 0.5 1

04/22/20 Jingzhi Dai Kick-off call with Province 1.0 3

04/22/20 Jingzhi Dai Call with Guggenheim re: buyer outreach 1.0 2

04/22/20 Jingzhi Dai Call with Paul Hastings re: sale process 0.5 2

04/22/20 Jingzhi Dai Review due diligence documents 1.0 9

04/23/20 Jingzhi Dai Call with Province re: case status/diligence update 0.5 9

04/23/20 Jingzhi Dai Debtor advisor call re: diligence 1.0 4

04/23/20 Jingzhi Dai Call with Guggenheim re: documentation 0.5 4

04/23/20 Jingzhi Dai Call with Paul Hastings re: case strategy 0.5 11

04/23/20 Jingzhi Dai Review documents re: ownership 0.5 11

04/23/20 Jingzhi Dai Working session re: Equity Ownership analysis 0.5 11



04/24/20 Jingzhi Dai Call with Paul Hastings re: Proposal 0.5 5

04/24/20 Jingzhi Dai Call with Paul Hastings re: SoftBank 0.5 5

04/24/20 Jingzhi Dai Draft due diligence request list 0.5 11

04/24/20 Jingzhi Dai Call with UCC Advisors re: DIP Financing 0.5 5

04/24/20 Jingzhi Dai Review DIP analysis 0.5 5

04/25/20 Jingzhi Dai Call with Unsecured Creditors Committee 1.0 3

04/26/20 Jingzhi Dai Review diligence information 1.0 9


Jefferies LLC

April 18, 2020 - April 30, 2020


04/26/20 Jingzhi Dai Discussion re: current workstreams for case 0.5 11

04/26/20 Jingzhi Dai Review diligence information 2.0 9

04/28/20 Jingzhi Dai Prep Call for UCC Weekly Call 0.5 3


04/28/20 Jingzhi Dai Call with Guggenheim re: sale process 0.5 2

April 18, 2020 - April 30, 2020 Hours for Jingzhi Dai 30.0

04/19/20 Conor Coleman Kick-off call with Debtor Advisors (PH / JEF / Guggenheim / Milbank) 1.0 4

04/19/20 Conor Coleman Prepare engagement documentation 1.5 1

04/19/20 Conor Coleman Review Guggenheim buyer list 0.5 2

04/19/20 Conor Coleman Review first day motions 2.0 11

04/20/20 Conor Coleman Review FTI DIP Budget 1.0 5

04/20/20 Conor Coleman Call with FTI re: Cash Flow Budget 1.0 5

04/20/20 Conor Coleman Call with FTI/Guggenheim re: Cash Flow Budget 1.0 5

04/21/20 Conor Coleman Call with FTI/Guggenheim re: Cash Flow Budget 1.0 5

04/21/20 Conor Coleman Call with Unsecured Creditors Committee 1.5 3

04/21/20 Conor Coleman Discussion re: sale process 0.5 2

04/21/20 Conor Coleman Conduct conflict check 1.0 1

04/21/20 Conor Coleman Preform analysis re: Asset Overview 3.0 2

04/21/20 Conor Coleman Research recent DIP transactions 1.0 5

04/21/20 Conor Coleman Review sale data room 3.0 2

04/22/20 Conor Coleman Kick-off call with Province 1.0 3

04/22/20 Conor Coleman Call with Guggenheim re: buyer outreach 1.0 2

04/22/20 Conor Coleman Call with Paul Hastings re: sale process 0.5 2

04/22/20 Conor Coleman Review and organize diligence documents 2.0 9

04/23/20 Conor Coleman Call with Province re: case status/diligence update 0.5 9

04/23/20 Conor Coleman Debtor advisor call re: diligence 1.0 4

04/23/20 Conor Coleman Call with Guggenheim re: documentation 0.5 4

04/23/20 Conor Coleman Call with Paul Hastings re: case strategy 0.5 11

04/23/20 Conor Coleman Working session re: Equity Ownership analysis 0.5 11

04/23/20 Conor Coleman Analysis re: Equity Ownership 3.5 9


04/24/20 Conor Coleman Call with Paul Hastings re: SoftBank 0.5 5

04/24/20 Conor Coleman Call with UCC Advisors re: DIP Financing 0.5 5



04/26/20 Conor Coleman Discussion re: current workstreams for case 0.5 11

04/27/20 Conor Coleman Review documents related to note purchase agreements 2.0 9

04/28/20 Conor Coleman Prep Call for UCC Weekly Call 0.5 3


04/28/20 Conor Coleman Call with Guggenheim re: sale process 0.5 2

04/28/20 Conor Coleman Analysis re: Assets and Guarantor Pledges 3.0 9

04/28/20 Conor Coleman Research recent Debtor Fee Comparables 0.5 11

04/29/20 Conor Coleman Review documents related to InterCo Notes 2.0 11

April 18, 2020 - April 30, 2020 Hours for Conor Coleman 45.0

04/19/20 Jack Massie Kick-off call with Debtor Advisors (PH / JEF / Guggenheim / Milbank) 1.0 4

04/20/20 Jack Massie Review FTI DIP Budget 1.0 5

04/20/20 Jack Massie Call with FTI re: Cash Flow Budget 1.0 5

04/20/20 Jack Massie Call with FTI/Guggenheim re: Cash Flow Budget 1.0 5

04/21/20 Jack Massie Call with FTI/Guggenheim re: Cash Flow Budget 1.0 5

04/21/20 Jack Massie Call with Unsecured Creditors Committee 1.5 3

04/21/20 Jack Massie Discussion re: sale process 0.5 2

04/21/20 Jack Massie Review sale data room 3.0 2

04/21/20 Jack Massie Internal workstream call re: Asset Overview 0.5 2

04/21/20 Jack Massie Preform analysis re: Asset Overview 3.0 2

04/22/20 Jack Massie Review and organize diligence documents 2.0 9

04/22/20 Jack Massie Kick-off call with Province 1.0 4

04/22/20 Jack Massie Kick-off call with Province 1.0 3

04/22/20 Jack Massie Call with Guggenheim re: buyer outreach 1.0 2

04/22/20 Jack Massie Call with Paul Hastings re: sale process 0.5 2

04/23/20 Jack Massie Call with Province re: case status/diligence update 0.5 9


Jefferies LLC

April 18, 2020 - April 30, 2020


04/23/20 Jack Massie Debtor advisor call re: diligence 1.0 4

04/23/20 Jack Massie Call with Guggenheim re: documentation 0.5 4

04/23/20 Jack Massie Call with Paul Hastings re: case strategy 0.5 11

04/23/20 Jack Massie Working session re: Equity Ownership analysis 0.5 11

04/24/20 Jack Massie Call with Paul Hastings re: SoftBank 0.5 5

04/24/20 Jack Massie Call with UCC Advisors re: DIP Financing 0.5 5


04/26/20 Jack Massie Discussion re: current workstreams for case 0.5 11

04/28/20 Jack Massie Prep Call for UCC Weekly Call 0.5 3


04/28/20 Jack Massie Analysis re: Assets and Guarantor Pledges 3.0 9

04/28/20 Jack Massie Research recent Debtor Fee Comparables 0.5 11

04/28/20 Jack Massie Call with Guggenheim re: sale process 0.5 2

04/29/20 Jack Massie Review documents related to InterCo Notes 2.0 11

April 18, 2020 - April 30, 2020 Hours for Jack Massie 31.5

04/19/20 Dominic Lester Kick-off call with Debtor Advisors (PH / JEF / Guggenheim / Milbank) 1.0 4

04/20/20 Dominic Lester Call with FTI/Guggenheim re: Cash Flow Budget 1.0 5

04/21/20 Dominic Lester Call with FTI/Guggenheim re: Cash Flow Budget 1.0 5

04/21/20 Dominic Lester Call with Unsecured Creditors Committee 1.0 3

04/21/20 Dominic Lester Discussion re: sale process 0.5 2

04/22/20 Dominic Lester Kick-off call with Province 1.0 3

04/22/20 Dominic Lester Call with Guggenheim re: buyer outreach 1.0 2

04/22/20 Dominic Lester Discussion re: sale process 1.0 2

04/22/20 Dominic Lester Call with Paul Hastings re: sale process 0.5 2

04/22/20 Dominic Lester Call with potential purchasers 1.0 2

04/23/20 Dominic Lester Debtor advisor call re: diligence 1.0 4

04/23/20 Dominic Lester Call with Guggenheim re: documentation 0.5 4

04/24/20 Dominic Lester Conversation with management 0.5 2



04/28/20 Dominic Lester Prep Call for UCC Weekly Call 0.5 3


04/28/20 Dominic Lester Call with Guggenheim re: sale process 0.5 2

April 18, 2020 - April 30, 2020 Hours for Dominic Lester 15.0

04/21/20 Christopher Squire Call with Unsecured Creditors Committee 1.0 3

04/21/20 Christopher Squire Discussion re: sale process 0.5 2

04/22/20 Christopher Squire Call with Guggenheim re: buyer outreach 1.0 2

04/22/20 Christopher Squire Discussion re: sale process 1.0 2

04/22/20 Christopher Squire Call with Paul Hastings re: sale process 0.5 2


04/28/20 Christopher Squire Prep Call for UCC Weekly Call 0.5 3


04/28/20 Christopher Squire Call with Guggenheim re: sale process 0.5 2

#VALUE! 7.0

04/19/20 Luca Egidio Kick-off call with Debtor Advisors (PH / JEF / Guggenheim / Milbank) 1.0 4

04/20/20 Luca Egidio Call with FTI/Guggenheim re: Cash Flow Budget 1.0 5

04/21/20 Luca Egidio Call with FTI/Guggenheim re: Cash Flow Budget 1.0 5

04/21/20 Luca Egidio Call with Unsecured Creditors Committee 1.0 3

04/21/20 Luca Egidio Discussion re: sale process 0.5 2

04/22/20 Luca Egidio Kick-off call with Province 1.0 3

04/22/20 Luca Egidio Discussion re: sale process 1.0 2

04/22/20 Luca Egidio Call with Guggenheim re: buyer outreach 1.0 2

04/22/20 Luca Egidio Call with Paul Hastings re: sale process 0.5 2

04/23/20 Luca Egidio Debtor advisor call re: diligence 1.0 4

04/23/20 Luca Egidio Call with Guggenheim re: documentation 0.5 4


04/28/20 Luca Egidio Prep Call for UCC Weekly Call 0.5 3



Jefferies LLC

April 18, 2020 - April 30, 2020


04/28/20 Luca Egidio Call with Guggenheim re: sale process 0.5 2

April 18, 2020 - April 30, 2020 Hours for Luca Egidio 12.5


Jefferies LLC

May 1, 2020 - May 31, 2020



05/02/20 Leon Szlezinger Call with Paul Hasting re: sale process 0.5 2

05/04/20 Leon Szlezinger Call with Guggenheim re: LOIs 0.5 2

05/04/20 Leon Szlezinger Call with Paul Hastings re: LOIs 0.5 2

05/04/20 Leon Szlezinger Follow-up call with Paul Hastings re: LOIs 1.0 2

05/04/20 Leon Szlezinger Review LOIs and bid summaries 1.5 2

05/04/20 Leon Szlezinger Discussion re: LOIs 0.5 2

05/05/20 Leon Szlezinger Review and prepare presentation to UCC 1.0 3


05/05/20 Leon Szlezinger Review documents relating to notes purchase agreements 1.5 11

05/05/20 Leon Szlezinger All hands call with Debtors re: LOIs 1.0 2

05/05/20 Leon Szlezinger Call with Guggenheim re: LOIs 1.0 2

05/06/20 Leon Szlezinger Various correspondence re: sale process 0.5 2


05/06/20 Leon Szlezinger Review and discuss industry analysis 0.5 11

05/08/20 Leon Szlezinger Review data room documents 1.0 9

05/08/20 Leon Szlezinger All hands call with Debtors re: LOIs 0.5 2

05/08/20 Leon Szlezinger Various correspondence re: buyers 0.5 2



05/13/20 Leon Szlezinger Review and discuss buyer log 0.5 2

05/14/20 Leon Szlezinger Discussion re: Industry update 0.5 11

05/18/20 Leon Szlezinger Call with UCC professionals 0.5 3



05/18/20 Leon Szlezinger Discuss industry update / analysis 0.5 11


05/19/20 Leon Szlezinger Call with industry experts re: industry diligence 0.5 11

05/24/20 Leon Szlezinger Call with Guggenheim re: Qualcomm Contract 0.5 11

05/25/20 Leon Szlezinger Weekly UCC Professionals Call 0.5 3


05/29/20 Leon Szlezinger Various discussion re: regulatory issues 0.5 11

05/29/20 Leon Szlezinger Various discussion re: bonding 0.5 11

May 1, 2020 - May 31, 2020 Hours for Leon Szlezinger 23.0

05/01/20 Jingzhi Dai Call with Debtors Advisor re: sale process 0.5 2

05/02/20 Jingzhi Dai Call with Paul Hasting re: sale process 0.5 2

05/03/20 Jingzhi Dai Review diligence information re: org char and collateral analysis 2.5 11

05/04/20 Jingzhi Dai Call with Guggenheim re: LOIs 0.5 2

05/04/20 Jingzhi Dai Discussion re: LOI and Presentation to UCC 0.5 3

05/04/20 Jingzhi Dai Call with Paul Hastings re: LOIs 0.5 2

05/04/20 Jingzhi Dai Follow-up call with Paul Hastings re: LOIs 1.0 2

05/04/20 Jingzhi Dai Review LOIs and bid summaries 3.5 2

05/05/20 Jingzhi Dai Review and prepare presentation to UCC 2.5 3


05/05/20 Jingzhi Dai Call with Paul Hastings re: equity ownership 0.5 11

05/05/20 Jingzhi Dai Review documents relating to notes purchase agreements 1.5 11

05/05/20 Jingzhi Dai All hands call with Debtors re: LOIs 1.0 2

05/05/20 Jingzhi Dai Call with Guggenheim re: LOIs 1.0 2

05/06/20 Jingzhi Dai Draft of diligence questions 1.0 11

05/06/20 Jingzhi Dai Various correspondence re: sale process 0.5 2

05/06/20 Jingzhi Dai Review collateral analysis and documentation 1.0 11

05/06/20 Jingzhi Dai Review and discuss industry analysis 0.5 11

05/08/20 Jingzhi Dai Review correspondence re: Guggenheim retention 0.5 11

05/08/20 Jingzhi Dai Review data room documents 1.0 9

05/08/20 Jingzhi Dai All hands call with Debtors re: LOIs 0.5 2

05/08/20 Jingzhi Dai Various correspondence re: buyers 0.5 2

05/11/20 Jingzhi Dai Various correspondence re: sale process 0.5 2



05/12/20 Jingzhi Dai Review KEIP 0.5 11

05/13/20 Jingzhi Dai Review and discuss buyer log 0.5 2


Jefferies LLC

May 1, 2020 - May 31, 2020


05/14/20 Jingzhi Dai Discussion re: Industry update 0.5 11

05/15/20 Jingzhi Dai Review buyer log 0.5 2

05/16/20 Jingzhi Dai Review disclosure statement 1.0 11

05/18/20 Jingzhi Dai Call with UCC professionals 0.5 3


05/18/20 Jingzhi Dai Discuss industry update / analysis 0.5 11


05/19/20 Jingzhi Dai Call with industry experts re: industry diligence 0.5 11

05/21/20 Jingzhi Dai Review objection re: KEIP 0.5 11

05/23/20 Jingzhi Dai Review business plan documents 1.0 9

05/24/20 Jingzhi Dai Call with Guggenheim re: Qualcomm Contract 0.5 11

05/24/20 Jingzhi Dai Review Qualcomm contract 0.5 11

05/24/20 Jingzhi Dai Review sale process documents 0.5 2

05/25/20 Jingzhi Dai Weekly UCC Professionals Call 0.5 3

05/26/20 Jingzhi Dai UCC Call prep 0.5 11


05/27/20 Jingzhi Dai Telephonic court hearing 1.0 1


05/28/20 Jingzhi Dai Review schedules and SOFAs 1.0 11

05/28/20 Jingzhi Dai Review documents re: regulatory issues 2.0 11

05/28/20 Jingzhi Dai Call with Guggenheim re: regulatory issues 0.5 11

05/29/20 Jingzhi Dai Discussion with industry expert re: regulatory issues 1.0 11

05/29/20 Jingzhi Dai Various discussion re: regulatory issues 1.0 11

05/29/20 Jingzhi Dai Review document re: bonding 1.0 11

05/29/20 Jingzhi Dai Various discussion re: bonding 1.0 11

05/30/20 Jingzhi Dai Call with Paul Hasting re: regulatory issues 0.5 11

05/30/20 Jingzhi Dai Review documents re: regulatory issues 1.0 11

05/31/20 Jingzhi Dai Review presentation re: regulatory issues 1.0 11

May 1, 2020 - May 31, 2020 Hours for Jingzhi Dai 46.5


05/04/20 Conor Coleman Call with Guggenheim re: LOIs 0.5 2

05/04/20 Conor Coleman Discussion re: LOI and Presentation to UCC 0.5 3

05/04/20 Conor Coleman Call with Paul Hastings re: LOIs 0.5 2

05/04/20 Conor Coleman Follow-up call with Paul Hastings re: LOIs 1.0 2

05/04/20 Conor Coleman Review LOIs and bid summaries 3.5 2

05/05/20 Conor Coleman Prepare presentation re: bid summaries 3.0 2


05/05/20 Conor Coleman Call with Paul Hastings re: equity ownership 0.5 11

05/05/20 Conor Coleman Review documents relating to notes purchase agreements 1.5 11

05/05/20 Conor Coleman All hands call with Debtors re: LOIs 1.0 2

05/05/20 Conor Coleman Call with Guggenheim re: LOIs 1.0 2

05/05/20 Conor Coleman Review other data room documents 2.0 9

05/06/20 Conor Coleman Review and edit key diligence questions list 1.0 2

05/06/20 Conor Coleman Discussion with Paul Hasting re: diligence 0.5 11

05/08/20 Conor Coleman Review data room documents 1.0 9

05/08/20 Conor Coleman All hands call with Debtors re: LOIs 0.5 2

05/11/20 Conor Coleman Review key data room documents 1.0 2



05/14/20 Conor Coleman Create sale process log 2.5 2

05/18/20 Conor Coleman Call with UCC professionals 0.5 3


05/18/20 Conor Coleman Review and update sale process log 1.5 2

05/18/20 Conor Coleman Review updated business plan 1.0 2


05/19/20 Conor Coleman Adminstrative task re: Hours 1.5 1

05/24/20 Conor Coleman Call with Guggenheim re: Qualcomm Contract 0.5 11

05/25/20 Conor Coleman Weekly UCC Professionals Call 0.5 3


05/27/20 Conor Coleman Court hearing 1.0 1

05/27/20 Conor Coleman Review due diligence documents 1.0 9


Jefferies LLC

May 1, 2020 - May 31, 2020


05/28/20 Conor Coleman Update LOI Summary 0.5 2

05/28/20 Conor Coleman Research re: regulatory issues 2.0 11

05/28/20 Conor Coleman Review Satellite Modification Application filing 1.0 11

05/29/20 Conor Coleman Review DIP Budget 1.0 11

05/31/20 Conor Coleman Update presentation re: IOIs 2.0 3

May 1, 2020 - May 31, 2020 Hours for Conor Coleman 40.0


05/04/20 Jack Massie Call with Guggenheim re: LOIs 0.5 2

05/04/20 Jack Massie Discussion re: LOI and Presentation to UCC 0.5 3

05/04/20 Jack Massie Call with Paul Hastings re: LOIs 0.5 2

05/04/20 Jack Massie Follow-up call with Paul Hastings re: LOIs 1.0 2

05/04/20 Jack Massie Review LOIs and bid summaries 3.5 2

05/05/20 Jack Massie Prepare presentation re: bid summaries 2.5 2


05/05/20 Jack Massie Call with Paul Hastings re: equity ownership 0.5 11

05/05/20 Jack Massie Review documents relating to notes purchase agreements 1.5 11

05/05/20 Jack Massie All hands call with Debtors re: LOIs 1.0 2

05/05/20 Jack Massie Call with Guggenheim re: LOIs 1.0 2

05/08/20 Jack Massie Review data room documents 1.5 9

05/08/20 Jack Massie All hands call with Debtors re: LOIs 0.5 2



05/18/20 Jack Massie Call with UCC professionals 0.5 3


05/18/20 Jack Massie Review and update sale process log 1.5 2

05/18/20 Jack Massie Review updated business plan 1.0 2


05/24/20 Jack Massie Call with Guggenheim re: Qualcomm Contract 0.5 11

05/25/20 Jack Massie Weekly UCC Professionals Call 0.5 3


05/27/20 Jack Massie Court hearing 1.0 1

05/27/20 Jack Massie Review due diligence documents 1.0 9

05/28/20 Jack Massie Research re: regulatory issues 2.0 11

05/29/20 Jack Massie Review DIP Budget 1.0 11

05/31/20 Jack Massie Update presentation re: IOIs 2.0 3

May 1, 2020 - May 31, 2020 Hours for Jack Massie 30.0


05/04/20 Dominic Lester Call with Guggenheim re: LOIs 0.5 2

05/04/20 Dominic Lester Call with Paul Hastings re: LOIs 0.5 2

05/04/20 Dominic Lester Follow-up call with Paul Hastings re: LOIs 1.0 2

05/04/20 Dominic Lester Review LOIs and bid summaries 1.0 2

05/05/20 Dominic Lester Attending call with Unsecured Creditors Committee 1.0 3

05/05/20 Dominic Lester All hands call with Debtors re: LOIs 1.0 2

05/05/20 Dominic Lester Call with Guggenheim re: LOIs 1.0 2

05/06/20 Dominic Lester Review and discuss industry analysis 0.5 11



05/08/20 Dominic Lester Review data room documents 1.0 9

05/08/20 Dominic Lester All hands call with Debtors re: LOIs 0.5 2



05/13/20 Dominic Lester Review and discuss buyer log 0.5 2

05/14/20 Dominic Lester Discussion re: Industry update 0.5 11

05/15/20 Dominic Lester Review industry analysis 0.5 11


05/18/20 Dominic Lester Call with UCC professionals 0.5 3


05/18/20 Dominic Lester Discuss industry update / analysis 0.5 11




Jefferies LLC

May 1, 2020 - May 31, 2020


05/19/20 Dominic Lester Call with industry experts re: industry diligence 0.5 11


May 1, 2020 - May 31, 2020 Hours for Dominic Lester 18.5


05/04/20 Luca Egidio Call with Guggenheim re: LOIs 0.5 2

05/04/20 Luca Egidio Call with Paul Hastings re: LOIs 0.5 2

05/04/20 Luca Egidio Follow-up call with Paul Hastings re: LOIs 1.0 2

05/04/20 Luca Egidio Review LOIs and bid summaries 1.0 2


05/05/20 Luca Egidio All hands call with Debtors re: LOIs 1.0 2

05/05/20 Luca Egidio Call with Guggenheim re: LOIs 1.0 2

05/08/20 Luca Egidio Review data room documents 1.0 9

05/08/20 Luca Egidio All hands call with Debtors re: LOIs 0.5 2



05/15/20 Luca Egidio Industry analysis 0.5 11

05/18/20 Luca Egidio Call with UCC professionals 0.5 3


05/18/20 Luca Egidio Discuss industry update / analysis 0.5 11



May 1, 2020 - May 31, 2020 Hours for Luca Egidio 13.5


Jefferies LLC

June 1, 2020 - June 30, 2020



06/01/20 Leon Szlezinger Call with Guggenheim re: bonding 0.5 4




06/05/20 Leon Szlezinger Call with Guggenheim re: regulatory issues 0.5 2

06/07/20 Leon Szlezinger Various discussion re: strategy 0.5 11

06/07/20 Leon Szlezinger Review buyer log and diligence items 0.5 2

06/08/20 Leon Szlezinger Call with Guggenheim re: Sale Process Update 0.5 2

06/08/20 Leon Szlezinger Various correspondence re: management presentation 0.5 11


06/09/20 Leon Szlezinger Management presenation with Unsecured Creditors Committee 1.0 3

06/11/20 Leon Szlezinger Discussion re: Liquidity Analysis 0.5 11

06/12/20 Leon Szlezinger Call with Milbank/Guggenheim re: Sale Process Update 0.5 2




06/16/20 Leon Szlezinger Call with Paul Hastings re: strategy & status update 0.5 11





06/25/20 Leon Szlezinger Court hearing 1.0 1

06/25/20 Leon Szlezinger Call with Paul Hastings re: strategy & status update 0.5 11

06/26/20 Leon Szlezinger Call with Debtor Advisors re: Bid Update 0.5 2

06/27/20 Leon Szlezinger Call with Guggenheim re: Bid Update 0.5 2

06/28/20 Leon Szlezinger All hands call re: Bid Update 0.5 2

06/29/20 Leon Szlezinger All hands call re: Bid Update 0.5 3


06/30/20 Leon Szlezinger Pre-Call For Unsecured Creditors Committee 0.5 3

06/30/20 Leon Szlezinger Call with Debtor Advisor re: Bid Update 0.5 2


June 1, 2020 - June 30, 2020 Hours for Leon Szlezinger 19.0


06/01/20 Jingzhi Dai Call with Guggenheim re: bonding 0.5 4


06/01/20 Jingzhi Dai Review lease rejection 0.5 11



06/05/20 Jingzhi Dai Call with Guggenheim re: regulatory issues 0.5 2

06/07/20 Jingzhi Dai Various discussion re: strategy 0.5 11

06/07/20 Jingzhi Dai Review buyer log and diligence items 0.5 2

06/08/20 Jingzhi Dai Call with Guggenheim re: Sale Process Update 0.5 2

06/08/20 Jingzhi Dai Various correspondence re: management presentation 0.5 11

06/08/20 Jingzhi Dai Review colletaral motion 0.5 11

06/08/20 Jingzhi Dai Review vendor contracts 0.5 11


06/09/20 Jingzhi Dai Management presenation with Unsecured Creditors Committee 1.0 3

06/09/20 Jingzhi Dai Review regulatory documents 0.5 11

06/11/20 Jingzhi Dai Discussion re: Liquidity Analysis 0.5 11

06/11/20 Jingzhi Dai Review discovery document 0.5 9

06/12/20 Jingzhi Dai Call with Milbank/Guggenheim re: Sale Process Update 0.5 2

06/12/20 Jingzhi Dai Discussion re: workstreams 0.5 11

06/14/20 Jingzhi Dai Review historical transactions and analysis 1.0 9




06/16/20 Jingzhi Dai Call with Paul Hastings re: strategy & status update 0.5 11

06/19/20 Jingzhi Dai Review correspondence re: diligence 0.5 9

06/21/20 Jingzhi Dai Call with Paul Hastings re: case managemetn 0.5 11



Jefferies LLC

June 1, 2020 - June 30, 2020




06/23/20 Jingzhi Dai Call with Paul Hastings re: Equity Ownership analysis 0.5 11


06/25/20 Jingzhi Dai Court hearing 1.0 1

06/25/20 Jingzhi Dai Call with Paul Hastings re: strategy & status update 0.5 11

06/26/20 Jingzhi Dai Call with Debtor Advisors re: Bid Update 0.5 2

06/27/20 Jingzhi Dai Call with Guggenheim re: Bid Update 0.5 2

06/28/20 Jingzhi Dai All hands call re: Bid Update 0.5 2

06/29/20 Jingzhi Dai All hands call re: Bid Update 0.5 3


06/30/20 Jingzhi Dai Pre-Call For Unsecured Creditors Committee 0.5 3

06/30/20 Jingzhi Dai Call with Debtor Advisor re: Bid Update 0.5 2


06/30/20 Jingzhi Dai Discussion re: draft standing motion 0.5 11

June 1, 2020 - June 30, 2020 Hours for Jingzhi Dai 25.0


06/01/20 Conor Coleman Call with Guggenheim re: bonding 0.5 4


06/07/20 Conor Coleman Review Guggenheim buyer contact log and due diligence list 0.5 2

06/08/20 Conor Coleman Call with Guggenheim re: Sale Process Update 0.5 2

06/08/20 Conor Coleman Update sale process log 0.5 2


06/09/20 Conor Coleman Management presenation with Unsecured Creditors Committee 1.0 3

06/11/20 Conor Coleman Discussion re: Liquidity Analysis 0.5 11

06/12/20 Conor Coleman Call with Milbank/Guggenheim re: Sale Process Update 0.5 2

06/12/20 Conor Coleman Discussion re: workstreams 0.5 11

06/14/20 Conor Coleman Analysis re: Liqudity Overview 2.5 11





06/16/20 Conor Coleman Call with Paul Hastings re: strategy & status update 0.5 11

06/21/20 Conor Coleman Analysis re: Equity Ownership Comparison 1.5 11

06/21/20 Conor Coleman Create presentation re: Liquidity Overview 1.0 11





06/23/20 Conor Coleman Call with Paul Hastings re: Equity Ownership analysis 0.5 11

06/24/20 Conor Coleman Review court filings and data room documents 2.0 11


06/25/20 Conor Coleman Court hearing 1.0 1

06/26/20 Conor Coleman Call with Debtor Advisors re: Bid Update 0.5 2

06/26/20 Conor Coleman Read articles re: OneWeb sale process 0.5 2

06/26/20 Conor Coleman Review bids received 1.5 2

06/27/20 Conor Coleman Call with Guggenheim re: Bid Update 0.5 2

06/28/20 Conor Coleman All hands call re: Bid Update 0.5 2

06/29/20 Conor Coleman All hands call re: Bid Update 0.5 3


06/29/20 Conor Coleman Review draft motion 2.0 11

06/30/20 Conor Coleman Pre-Call For Unsecured Creditors Committee 0.5 3

06/30/20 Conor Coleman Call with Debtor Advisor re: Bid Update 0.5 2


06/30/20 Conor Coleman Discussion re: draft standing motion 0.5 11

06/30/20 Conor Coleman Administrative Task re: Hours 2.0 1

June 1, 2020 - June 30, 2020 Hours for Conor Coleman 32.0


06/01/20 Jack Massie Call with Guggenheim re: bonding 0.5 4



Jefferies LLC

June 1, 2020 - June 30, 2020


06/08/20 Jack Massie Call with Guggenheim re: Sale Process Update 0.5 2

06/08/20 Jack Massie Review and create presentation for committee re: RODF 2.0 3


06/09/20 Jack Massie Management presenation with Unsecured Creditors Committee 1.0 3

06/11/20 Jack Massie Discussion re: Liquidity Analysis 0.5 11

06/12/20 Jack Massie Call with Milbank/Guggenheim re: Sale Process Update 0.5 2

06/12/20 Jack Massie Discussion re: workstreams 0.5 11

06/14/20 Jack Massie Analysis re: Liqudity Overview 2.5 11




06/16/20 Jack Massie Call with Paul Hastings re: strategy & status update 0.5 11

06/21/20 Jack Massie Analysis re: Equity Ownership Comparison 1.5 11

06/21/20 Jack Massie Create presentation re: Liquidity Overview 1.0 11




06/23/20 Jack Massie Call with Paul Hastings re: Equity Ownership analysis 0.5 11


06/25/20 Jack Massie Court hearing 1.0 1

06/26/20 Jack Massie Call with Debtor Advisors re: Bid Update 0.5 2

06/27/20 Jack Massie Call with Guggenheim re: Bid Update 0.5 2

06/28/20 Jack Massie All hands call re: Bid Update 0.5 2

06/29/20 Jack Massie All hands call re: Bid Update 0.5 3

06/29/20 Jack Massie Review draft motion 2.0 11


06/30/20 Jack Massie Pre-Call For Unsecured Creditors Committee 0.5 3

06/30/20 Jack Massie Call with Debtor Advisor re: Bid Update 0.5 2


06/30/20 Jack Massie Discussion re: draft standing motion 0.5 11

June 1, 2020 - June 30, 2020 Hours for Jack Massie 26.0

06/01/20 Dominic Lester Weekly UCC Professionals Call 0.5 3

06/01/20 Dominic Lester Call with Guggenheim re: bonding 0.5 4

06/01/20 Dominic Lester Various discussion re: regulatory issues 0.5 11



06/07/20 Dominic Lester Industry diligence 2.0 11

06/07/20 Dominic Lester Various discussion re: strategy 0.5 11


06/08/20 Dominic Lester Call with Guggenheim re: Sale Process Update 0.5 2


06/09/20 Dominic Lester Management presenation with Unsecured Creditors Committee 1.0 3




06/16/20 Dominic Lester Call with Paul Hastings re: strategy & status update 0.5 11






06/26/20 Dominic Lester Call with Debtor Advisors re: Bid Update 0.5 2

06/27/20 Dominic Lester Call with Guggenheim re: Bid Update 0.5 2

06/28/20 Dominic Lester All hands call re: Bid Update 0.5 2

06/29/20 Dominic Lester All hands call re: Bid Update 0.5 3


06/30/20 Dominic Lester Pre-Call For Unsecured Creditors Committee 0.5 3

06/30/20 Dominic Lester Call with Debtor Advisor re: Bid Update 0.5 2


June 1, 2020 - June 30, 2020 Hours for Dominic Lester 18.0


Jefferies LLC

June 1, 2020 - June 30, 2020


06/01/20 Luca Egidio Call with Guggenheim re: bonding 0.5 4


06/08/20 Luca Egidio Call with Guggenheim re: Sale Process Update 0.5 2


06/09/20 Luca Egidio Management presenation with Unsecured Creditors Committee 1.0 3

06/15/20 Luca Egidio Weekly UCC Professionals Call 0.5 3



06/16/20 Luca Egidio Call with Paul Hastings re: strategy & status update 0.5 11





06/26/20 Luca Egidio Call with Debtor Advisors re: Bid Update 0.5 2

06/27/20 Luca Egidio Call with Guggenheim re: Bid Update 0.5 2

06/28/20 Luca Egidio All hands call re: Bid Update 0.5 2

06/29/20 Luca Egidio All hands call re: Bid Update 0.5 3


06/30/20 Luca Egidio Pre-Call For Unsecured Creditors Committee 0.5 3

06/30/20 Luca Egidio Call with Debtor Advisor re: Bid Update 0.5 2


June 1, 2020 - June 30, 2020 Hours for Luca Egidio 13.0


Exhibit B

Expense Detail

20-22437-rdd Doc 478-2 Filed 08/12/20 Entered 08/12/20 16:55:01 Exhibit B -Expense Detail Pg 1 of 12

SIDLEY AUSTIN LLPONE SOUTH DEARBORNCHICAGO, IL 60603(312) 853 7000(312) 853 7036 FAX

AMERICA • ASIA PACIFIC • EUROPE

Remit Check Payments To: Remit Electronic Payments To:Sidley Austin LLP Sidley Austin LLPP.O. Box 0642 JP Morgan Chase Bank, NAChicago, Illinois 60690 Account Number: 5519624

ABA/Routing Number (for wire payments): 021000021ABA/Routing Number (for ACH payments): 071000013Swift Code: CHASUS33XXX

Payment is Due Within 30 Days of Receipt of Invoice

FEDERAL ID 36-4474078May 21, 2020

Jefferies LLC 520 Madison Avenue New York, NY 10022

PLEASE INDICATE INVOICENUMBER ON REMITTANCEInvoice Number 400312825533Client Matter 55734-30910

OneWeb Global Ltd. Jefferies & Company, Inc. 5533

For professional services rendered through April 30, 2020 as shown on the attached exhibits:

Fees $8,592.50

Expenses 260.00

Total Due This Bill $8,852.50


SIDLEY AUSTIN LLP

Invoice Number: 40031282Jefferies LLC

OneWeb Global Ltd.

Invoice Cover Sheet

Jefferies & Company, Inc. Matter Name: OneWeb Global Ltd.Jefferies & Company, Inc. Matter Number: 5533Jefferies & Company, Inc. Supervising Attorney: Leon Szlezinger

Fee Summary by Timekeeper:

Name Hours Rate Fees

TA Labuda 3.70 $1,275.00 $4,717.50EA Bromagen 5.00 775.00 3,875.00

Total Hours and Fees: 8.70 $8,592.50

Fee Summary by Task:

Code Code Description Hours Fees

B160 Fee/Employment Applications .40 $310.00C300 Analysis and Advice 8.30 8,282.50

Total Fees: $8,592.50

Expense/Disbursements:

Code Code Description Amount

E118 Litigation Support Vendors $260.00Total Expenses $260.00

Fees $8,592.50Expenses 260.00 Total Due This Bill $8,852.50


SIDLEY AUSTIN LLP


OneWeb Global Ltd.

T I M E D E T A I L

Date Name Task Activity Narrative Hours

04/20/20 TA Labuda C300 A106 Conference and emails with L. Szlezinger and J. DeSpirito re engagement letter and retention issues.

.20

04/21/20 TA Labuda C300 A106 Emails with J. Despirito re connections check, emails with E. Bromagen re same.

.20

04/21/20 TA Labuda C300 A104 Review and comment on engagement letter, emails with J. DeSpirito re engagement letter.

1.20

04/22/20 TA Labuda C300 A105 Confer with M. Linder re engagement letter and retention issues.

.10

04/23/20 TA Labuda C300 A105 Emails with E. Bromagen re retention documents. .10

04/24/20 TA Labuda C300 A105 Emails and conference with L. Szlezinger re retention documents.

.10

04/26/20 TA Labuda C300 A105 Emails with client re retention documents. .10

04/27/20 EA Bromagen C300 A103 Draft retention application, proposed order, and declaration

3.50

04/27/20 TA Labuda C300 A106 Conference and emails with L. Szlezinger re retention documents and issues, emails with E. Bromagen re same.

.20

04/28/20 EA Bromagen C300 A105 Discuss retention documents with T Labuda .20

04/28/20 EA Bromagen C300 A104 Revise draft retention applications, order, and declaration and emails with Jefferies team re same

.80

04/28/20 EA Bromagen C300 A106 Emails with Paul Hastings re retention documents .10

04/28/20 TA Labuda C300 A106 Emails with client team re engagement letter comments and revisions.

.10

04/28/20 TA Labuda C300 A105 Emails with E. Bromagen re retention documents, review application, order, and declaration re same, emails with E. Bromagen re comments on same.

1.20

04/29/20 EA Bromagen B160 A107 Discuss engagement letter with A Bongartz .20

04/29/20 EA Bromagen B160 A105 Discuss engagement letter with T Labuda .10

04/29/20 EA Bromagen B160 A106 Emails with L Szlezinger re engagement letter .10

04/29/20 TA Labuda C300 A105 Conference with E. Bromagen re Stroock EL comments, emails with E. Bromagen and client re same.

.20

Total Hours 8.70







FEDERAL ID 36-4474078June 23, 2020




For professional services rendered through May 31, 2020 as shown on the attached exhibits:

Fees $9,352.50

Expenses 65.25



SIDLEY AUSTIN LLP


OneWeb Global Ltd.

Invoice Cover Sheet




TA Labuda 2.20 $1,275.00 $2,805.00ME Linder 1.50 955.00 1,432.50EA Bromagen 6.60 775.00 5,115.00

Total Hours and Fees: 10.30 $9,352.50



B160 Fee/Employment Applications 6.60 $5,115.00C300 Analysis and Advice 3.70 4,237.50

Total Fees: $9,352.50






SIDLEY AUSTIN LLP


OneWeb Global Ltd.

T I M E D E T A I L


05/01/20 TA Labuda C300 A105 Confer with E. Bromagen re retention documents. .10

05/05/20 TA Labuda C300 A105 Emails with E. Bromagen and UCC counsel re engagement terms.

.10

05/06/20 EA Bromagen B160 A106 Emails with Jefferies team re filing of application .10

05/07/20 TA Labuda C300 A105 Emails with E. Bromagen and L. Szlezinger re retention document filing.

.10

05/12/20 EA Bromagen B160 A107 Emails with L Doyle re proposed revisions to retention order

.20

05/13/20 EA Bromagen B160 A104 Review comments from Milbank to retention order .20

05/13/20 EA Bromagen B160 A104 Review prior court decision re committee investment banker and draft summary of same

1.20

05/13/20 EA Bromagen B160 A105 Emails with T Labuda and M Linder re proposed changes to retention order

.40

05/13/20 TA Labuda C300 A105 Emails with E. Bromagen re retention comments, review and respond to same, conference with M. Linder re same.

.50

05/13/20 ME Linder C300 A104 Telephone call with T. Labuda and emails with T. Labuda and E. Bromagen re retention issues and Milbank comments

.30

05/14/20 EA Bromagen B160 A106 Emails to L Szlezinger re revisions to retention order

.10

05/14/20 EA Bromagen B160 A107 Discuss revisions to retention order with L Doyle .10

05/14/20 EA Bromagen B160 A107 Discuss retention order with MoFo .10

05/14/20 EA Bromagen B160 A105 Review engagement letter and emails to T Labuda and M Linder re suggested edits from MoFo re retention order

.30

05/14/20 TA Labuda C300 A105 Emails with M. Linder and E. Bromagen re response to Company comments.

.10

05/15/20 EA Bromagen B160 A107 Emails with MoFo and M Linder re retention order .40

05/15/20 EA Bromagen B160 A103 Revisions to retention order re Debtors comments .30

05/15/20 EA Bromagen B160 A107 Discussions with M Lightner re comments to retention order

.20

05/15/20 EA Bromagen B160 A105 Discuss MoFo comments to order with M Linder .10


SIDLEY AUSTIN LLP


OneWeb Global Ltd.


05/15/20 EA Bromagen B160 A105 Discuss Mofo comments to retention order with T Labuda

.10

05/15/20 EA Bromagen B160 A106 Emails with L Szlezinger re MoFo and Milbank comments to order

.20

05/15/20 TA Labuda C300 A105 Emails with M. Linder and E. Bromagen re MoFo comments on retention order and related issues.

.30

05/15/20 ME Linder C300 A104 Emails and telephone calls with L. Szlezinger, T. Labuda and E. Bromagen re MoFo comments to retention order

.40

05/17/20 EA Bromagen B160 A105 Review and revise Debtors suggested changes to proposed order and email with M Linder re same

.40

05/17/20 TA Labuda C300 A106 Conference with L. Szlezinger re retention order comments.

.10

05/18/20 EA Bromagen B160 A106 Emails with M Linder and L Szlezinger re Milbank proposed revisions to retention order and further emails with L Doyle and L Szlezinger re further revisions to same

.50

05/18/20 ME Linder C300 A104 Review and comment on retention order and emails with E. Bromagen re same

.20

05/18/20 ME Linder C300 A104 Review Milbank comments on retention order and emails with E. Bromagen re same

.10

05/19/20 EA Bromagen B160 A107 Emails and calls with L Doyle, L Szlezinger and M Linder re further extension of deadline to object to retention

.20

05/19/20 ME Linder C300 A104 Review emails from Milbank re: reservation of rights and emails with L. Szlezinger and E. Bromagen re same

.20

05/20/20 EA Bromagen B160 A107 Emails with Cole Schotz re filing of retention order CNO

.10

05/21/20 ME Linder C300 A104 Emails with E. Bromagen and telephone call with T. Labuda re status

.10

05/22/20 TA Labuda C300 A105 Confer with M. Linder re retention hearing. .10

05/25/20 EA Bromagen B160 A107 Emails with S Carnes and M Linder re retention hearing

.10

05/25/20 TA Labuda C300 A105 Emails with E. Bromagen and M. Linder re retention hearing.

.10

05/25/20 ME Linder C300 A104 Emails with T. Labuda and E. Bromagen re retention hearing

.10


SIDLEY AUSTIN LLP


OneWeb Global Ltd.


05/26/20 EA Bromagen B160 A107 Emails with S Carnes re hearing on retention .10

05/26/20 TA Labuda C300 A106 Conference and emails with L. Szelzinger re retention hearing, review materials for same, conference with E. Bromagen re same.

.60

05/26/20 ME Linder C300 A104 Review docket and agenda for hearing .10

05/27/20 EA Bromagen B160 A109 Attend retention hearing by telephone 1.20

05/27/20 TA Labuda C300 A105 Emails with E. Bromagen and client re retention hearing.

.10

Total Hours 10.30







FEDERAL ID 36-4474078July 22, 2020




For professional services rendered through June 30, 2020 as shown on the attached exhibits:

Fees $1,007.50

Expenses 65.25



SIDLEY AUSTIN LLP


OneWeb Global Ltd.

Invoice Cover Sheet




EA Bromagen 1.30 $775.00 $1,007.50Total Hours and Fees: 1.30 $1,007.50



B160 Fee/Employment Applications 1.30 $1,007.50Total Fees: $1,007.50






SIDLEY AUSTIN LLP


OneWeb Global Ltd.

T I M E D E T A I L


06/18/20 EA Bromagen B160 A103 Draft first consolidated monthly fee application 1.30

Total Hours 1.30


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