Free Order - District Court of Delaware - Delaware


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Date: August 26, 2008
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Category: District Court of Delaware
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Case 1 :07-cv-00741-JJF Document 7 Filed 08/26/2008 Page 1 of 4
UNITED STATES DISTRICT COURT
FOR THE DISTRICT OF DELAWARE
ln re: ) -
14605 INCORPORATED g Case No. 1:07-cv—741-JJF
(f/k/a PHARMACEUTICAL FORMULATIONS, INC.) )
Debtor. g
ORDER AND STIPULATION RESOLVING (I) APPEAL
OF DECISION WITH RESPECT TO OBJECTION TO FINAL
APPLICATION OF WINSTON & STRAWN LLP, AND
(II) FINAL APPLICATION OF ASHBY &GEDDES, EACH
CO-COUNSEL TO THE OFFICIAL COMMITTEE OF
UNSECURED CREDITORS, FOR ALLOWANCE
OF COMPENSATION AND REIMBURSEMENT OF EXPENSES
Following mediation with respect to the objections (the "Objections") of 14605,
Incorporated, and ICC Industries, Inc. (collectively, "ICC"), to the final fee applications (the
"Final Fee Applications") of Winston & Strawn LLP ("Winston"), and Ashby & Geddes
("Ashby"), each co—counsel to the Official Committee of Unsecured Creditors, for Allowance of
Compensation and Reimbursement of Expenses pursuant to Sections 327, 328, 330, 331 and
503(b) of Title l1 ofthe United States Code as well as Rule 2016 of the Federal Rules of
Bankruptcy Procedure; it is hereby
ORDERED AND AGREED that the Final Fee Applications of Winston and
Ashby, the Objections thereto and the appeal of the decision and Order of` the Bankruptcy Court
(Walrath, J.) dated September 19, 2007 (the "Bankruptcy Court Order") are resolved as follows;
1. Pursuant to the Bankruptcy Court Order, Winston's Final Fee Application
is approved and fees are allowed in the amount of $61 6,861 .00 and expenses are allowed in the
amount of $8,898.36.
2. Winston's additional attomeys' fees and expenses in connection with the
Final Fee Application and the Objections thereto are allowed in the amount of $106,155.16
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Case 1 :07-cv-00741-JJF Document 7 Filed 08/26/2008 Page 2 of 4
3. Pursuant to the Bankruptcy Court Order, Ashby's Final Fee Application is
approved and fees are allowed in the amount of $115,295.50 and expenses are allowed in the
amount of$5,864.30.
4. Ashby's additional attomeys‘ fees and expenses in cormection with the
Final Fee Application and the Objections thereto are allowed in the amount of $58,166.63.
5. {CC is hereby authorized and directed to pay to Winston $270,887.98 in
full satisfaction of all remaining unpaid amounts owed to Winston in cormection with the Final
Fee Application and the additional fees and expenses incurred in connection with the Objections.
6. [CC is hereby authorized and directed to pay to Ashby $58,166.63 in full
satisfaction of all remaining unpaid amounts owed to Ashby in connection with the Final Fee
Application and the additional fees and expenses incurred in connection with the Objections.
7. Upon payment by ICC of the foregoing amounts to Winston and Ashby,
the appeal ofthe Bankruptcy Court‘s Order shall be dismissed with prejudice
Dated:
AGREED TO:
WINSTON & STRAWN LLP
2%/ %'

200 Park Avenue
New York, NY 10166-4193
Telephone: (212) 294-6700
Facsimile: (212) 294-4700
And
(signatures continue on next page)
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Case 1:07—cv—00741-JJF Document 7 Filed 08/26/2008 Page 3 of 4
ASHBY & GEDDES, P.A.
/"
William .B0 en (No. 2553)
Gregory A. Taylor (No. 4008)
500 Delaware Avenue
8th Floor
P.O. Box 1150
Wilmington, Delaware 19899
Telephone: (302) 654-1888
Facsimile: (302) 654-2067
Co—Counsel for Official
Committee of Unsecured Creditors
LOIZIDES & ASSOCIATES
Christopher D. Loizides (No. 3968)
1225 King Street, Suite 800
Wilmington, Delaware 19801
Telephone: (302) 654-0248
Facsimile: (302) 654-0728
And
Robert J. Basil
COLLIER & BASIL, P.C.
60 West 57"` Street, Suite 16-O
New York, NY 10019
(917) 512-3066
Co-Counsel to 14605, Incorporated and
ICC Industries Inc.
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Case 1:07—cv—00741-JJF Document 7 Filed 08/26/2008 Page 4 of 4
ASHBY & GEDDES, P.A.
William P. Bowden (No. 2553)
Gregory A. Taylor (No. 4008)
500 Delaware Avenue
8th Floor
P.O. Box 1150
Wilmington, Delaware 19899
Telephone: (302) 654-1888
Facsimile: (302) 654-2067
Co-Counsel For Oflicial
Committee of Unsecured Creditors
LOIZIDES, P.A.
I 4 » . .
/7 ..»· r Christopher D. Loizides
‘*·4'?Q/J 2008.08.15 14:59:25 -04*00*
Christopher D. Loizides (No. 3968)
1225 King Street, Suite 800
Wilmington, Delaware 19801
Telephone: (302) 654-0248
Facsimile: (302) 654-0728
And
Robert J. Basil
COLLIER & BASIL, P.C.
60 West 57°‘ Street, Suite 16-O
New York, NY 10019
(917) 512-3066
C0—Counsel to 14605, Incorporated and
ICC Industries Inc.
{0023535l;v1}3

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