Laserfiche WebLink
Case 1:20-bk-12043 Doc 3 Filed 07/22/20 Entered 07/22/20 17:38:25 Desc Main <br /> Document Page 39 of 42 <br /> interest of the filing of these chapter I 1 cases and other developments. In that capacity, Epiq <br /> will transmit, receive, docket, and maintain proofs of claim filed in connection with these chapter <br /> 11 cases. <br /> 92. By appointing Epiq as the Notice, Claims, and Solicitation Agent in these Chapter <br /> 11 Cases, the distribution of notices, the processing of claims, and the solicitation of votes will <br /> be expedited and the Clerk of the United States Bankruptcy Court for the Southern District of <br /> Ohio (the "Clerk") will be relieved of the administrative burden of processing what may be an <br /> overwhelming number of claims. The Debtors submit, and I believe, based on all engagement <br /> proposals obtained and reviewed, that Epiq's rates are competitive and reasonable given Epiq's <br /> quality of services and expertise. <br /> 93. The fees to be charged by Epiq in connection with these Chapter 11 Cases are set <br /> forth in the Services Agreement. The Debtors respectfully submit, and I believe that Epiq's rates <br /> for its services in connection with the notice, claims processing, and solicitation services are <br /> competitive and comparable to the rates charged by their competitors for similar services. <br /> Indeed, the Debtors conducted a review and competitive comparison of other firms prior to <br /> selecting Epiq as notice, claims, and solicitation agent and, following arm's-length negotiations, <br /> determined Epiq's rates to be more than reasonable given the quality of Epiq's services and <br /> Epiq's prior bankruptcy expertise. <br /> L. EXPEDITED MOTION OF DEBTORS FOR THE ENTRY OF AN ORDER (A) <br /> SCHEDULING AN EXPEDITED HEARING ON AND SHORTENING THE <br /> NOTICE PERIOD FOR THE FIRST DAY MOTIONS AND APPLICATIONS <br /> FILED BY THE DEBTORS; AND (B) APPROVING THE FORM AND MANNER <br /> OF NOTICE THEREOF <br /> 94. As described in each of the First Day Motions, the relief requested in the First <br /> Day Motions filed by the Debtors is essential to maintaining the viability of the Debtors' <br /> businesses and allowing the Debtors to maximize the value of their estates, to the benefit of all <br /> 39 <br />