Payments to Insiders and Professionals by Charys Holding Company, Inc. filed with the United States Bankruptcy Court, District of Delaware, on August 19, 2008, Case No. 08-10289
EX-10.10 11 ex10_10.htm EXHIBIT 10.10 ex10_20.htm
Exhibit 10.10
| In re | CHARYS HOLDING COMPANY, INC | Case No. | 08-10289 (BLS) | |
| Debtor | Reporting Period: | July 1 through 31 |
PAYMENTS TO INSIDERS AND PROFESSIONALS
Of the total disbursements shown on the Cash Receipts and Disbursements Report (MOR-1) list the amount paid to insiders (as defined in Section 101(31) (A)-(F) of the U.S. Bankruptcy Code) and to professionals. For payments to insiders, identify the type of compensation paid (e.g. Salary, Bonus, Commissions, Insurance, Housing Allowance, Travel, Car Allowance, Etc.). Attach additional sheets if necessary.
| INSIDERS | ||||||||||||
| NAME | TYPE OF PAYMENT | AMOUNT PAID | TOTAL PAID TO DATE | |||||||||
| Billy V Ray, Jr | Gross Payroll | $ | 25,000 | $ | 137,500 | |||||||
| Billy V Ray, Jr | Car Allowance | 500 | $ | 3,000 | ||||||||
| Gable Apartments (for B Ray Jr) | Apartment Rental | - | $ | 2,148 | ||||||||
| Billy V Ray, Jr | TOTAL | 142,648 | ||||||||||
| Michaei Oyster | Gross Payroll | 20,833 | $ | 114,583 | ||||||||
| Michael Oyster | Car Allowance | 500 | $ | 3,000 | ||||||||
| Michael Oyster | Travel, Meals and Entertainment | 6,089 | $ | 31,248 | ||||||||
| Michael Oyster | Reimburse: ordinary business expenses | 649 | $ | 4,141 | ||||||||
| Michael Oyster | TOTAL | 152,972 | ||||||||||
| Raymond Smith | Gross Payroll | 20,833 | $ | 114,582 | ||||||||
| Raymond Smith | Car Allowance | 500 | $ | 3,000 | ||||||||
| Raymond Smith | Reimburse: ordinary business expenses | 1,200 | $ | 10,734 | ||||||||
| Raymond Smith | Travel, Meals and Entertainment | 471 | $ | 2,598 | ||||||||
| Raymond Smith | TOTAL | 130,914 | ||||||||||
| Michael Brown | Gross Payroll | $ | 52,083 | |||||||||
| Alec McLarty | Lead Director Fees | 15,000 | $ | 75,000 | ||||||||
| Travel, Meals and Entertainment | - | $ | 8,743 | |||||||||
| David Gerqacz | Director Fees | 2,000 | $ | 20,250 | ||||||||
| Travel, Meals and Entertainment | - | $ | 421 | |||||||||
| Dennis Hayes | Director Fees | - | $ | 17,625 | ||||||||
| Travel, Meals and Entertainment | . | $ | 2,518 | |||||||||
| John Jordan | Director Fees | 2,000 | $ | 18,000 | ||||||||
| Travel, Meals and Entertainment | $ | 3,062 | ||||||||||
| David Ray | Gross Payroll | - | $ | 13,961 | ||||||||
| Brandon Ray | Gross Payroll | - | $ | 11,250 | ||||||||
| Ayin Tower Management | Affiliate Transfer Out | - | $ | 20,300 | ||||||||
| Contemporary Constructors, Inc. | Payments made on behalf of sub | 15,039 | $ | 17,846 | ||||||||
| TOTAL PAYMENTS TO INSIDERS | $ | 110,614 | $ | 655,003 | ||||||||
| BANKRUPTCY PROFESSIONALS | ||||||||||||||||||||
| NAME | DATE IF COURT ORDER AUTHORIZING EMPLOYMENT | AMOUNT APPROVED | AMOUNT PAID | TOTAL PAID TO DATE | TOTAL INCURRED & UNPAID* | |||||||||||||||
| Weil, Gotshal & Manages LLP | 3/7/2008 | n/a | $ | - | $ | - | $ | 1,309,400 | ||||||||||||
| Richards, Layton & Finger, P.A. | 3/7/2008 | n/a | - | - | 100,227 | |||||||||||||||
| Milbank, Tweed, Hadley & McCIoy | 4/14/2008 | n/a | - | - | 1,074,461 | |||||||||||||||
| Morris, Nichols, Arsht, & Tunnel L | Pending | n/a | - | - | 51,546 | |||||||||||||||
| Michael Brenner | 3/7/2008 | $ | 85,501 | 16,667 | 52,167 | 33,334 | ||||||||||||||
| AlixPartners, LLP | 3/7/2008 | n/a | - | - | 1,881,164 | |||||||||||||||
