Payments to Insiders and Professionals filed with the United States Bankruptcy Court, District of Delaware, on June 20, 2008, Case No. 08-10289
EX-10.10 11 ex10_10.htm EXHIBIT 10.10 ex10_10.htm
Exhibit 10.10
In re | CHARYS HOLDING COMPANY, INC | Case No. | 08-10289 (BLS) | ||
Debtor | Reporting Period: | May 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 | $ | 87,500 | |||||
Billy V Ray, Jr | Car Allowance | 500 | 2,000 | |||||||
Gable Apartments (for B Ray Jr) | Apartment Rental | - | 2,148 | |||||||
Billy V Ray, Jr | TOTAL | 91,648 | ||||||||
Michael Oyster | Gross Payroll | 20,833 | 72,917 | |||||||
Michael Oyster | Car Allowance | 500 | 2,000 | |||||||
Michael Oyster | Travel | 10,481 | 4,808 | |||||||
Michael Oyster | Reimburse: ordinary business expenses | 800 | 800 | |||||||
Michael Oyster | TOTAL | 80,525 | ||||||||
Raymond Smith | Gross Payroll | 20,833 | 72,916 | |||||||
Raymond Smith | Car Allowance | 500 | 2,000 | |||||||
Raymond Smith | Reimburse: ordinary business expenses | 190 | 8,334 | |||||||
Raymond Smith | Travel | 262 | 1,333 | |||||||
Raymond Smith | TOTAL | 84,583 | ||||||||
Michael Brown | Gross Payroll | 52,083 | ||||||||
Alec McLarty | Lead Director Fees & Expenses | 21,874 | 51,874 | |||||||
David Gergacz | Director Fees & Expenses | 11,108 | 18,670 | |||||||
Dennis Hayes | Director Fees & Expenses | 7,703 | 12,919 | |||||||
John Jordan | Director Fees & Expenses | 11,169 | 19,062 | |||||||
David Ray | Gross Payroll | - | 13,961 | |||||||
Brandon Ray | Gross Payroll | - | 11,250 | |||||||
Ayin Tower Management | Affiliate Transfer Out | - | 20,300 | |||||||
TOTAL PAYMENTS TO INSIDERS | $ | 131,753 | $ | 456,875 |
BANKRUPTCY PROFESSIONALS | ||||||||||||||||||
NAME | DATE OF COURT ORDER AUTHORIZING EMPLOYMENT | AMOUNT APPROVED | AMOUNT PAID | TOTAL PAID TO DATE | TOTAL INCURRED & UNPAID* | |||||||||||||
Weil, Gotshal & Manges LLP | 3/7/2008 | n/a | $ | - | $ | - | $ | 864,612 | ||||||||||
Richards, Layton & Finger , P.A. | 3/7/2008 | n/a | - | - | 68,459 | |||||||||||||
Milbank, Tweed, Hadley & McCloy | 4/14/2008 | n/a | - | - | 704,186 | |||||||||||||
Morris, Nichols, Arsht, & Tunnell L | Pending | n/a | - | - | 39,185 | |||||||||||||
Michael Brenner | 3/7/2008 | $ | 42,868 | 17,868 | 17,868 | 31,569 | ||||||||||||
AlixPartners, LLP | 3/7/2008 | n/a | - | - | 1,137,598 | |||||||||||||
Kurtzman Carson Consultants | 2/15/2008 | n/a | - | - | 29,000 | |||||||||||||
Total Payments to Bankruptcy Professionals | n/a | $ | 17,868 | $ | 17,868 | $ | 2,874,609 |