Wyatt, Tarrant & Combs, LLP, is holding a retainer in the amount of $55,658.22. The source of said compensation is operational income of Plasticon International, Inc.
8. In anticipation of the Court's approval of Debtor's Motion for Joint Administration and Procedural Consolidation, proposed counsel has not allocated the cost of petition preparation and retainer between Plasticon and Pro Mold.
9. The Debtor has agreed to pay, and Wyatt, Tarrant & Comhs, LLP, intends to apply for, compensation for professional services rendered herein in connection with the Debtor's Chapter 11 case and for reimbursement of expenses incurred in this matter. The current hourly rate for attorney Robert J. Brown is $375; attorney Ellen B. Vergos is $315 per hour; attorney John P. Brice is $305 per hour; and attorney Daniel E. Hitchcock is $200 per hour. The current hourly rate for paralegal Elizabeth Boggs is $145 and paralegal Patricia West is $145 per hour. No charges will be made for clerical services. Out of pocket expenses will he incurred at the firm's usual rates.
From Plasticon Doc 8-1 AFFIDAVIT OF ROBERT J. BROWN IN SUPPORT OF APPLICATION TO EMPLOY |