2020-08-04_GENERAL DOCUMENTS - C2010088 (4)

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Case 1:20-bk-12043 Doc 122 Filed 07/29/20 Entered 07/29/20 15:35:30 Desc Main Document Page 6 of 8 Per Hour(USD) Senior Managing Directors $920—$1,295 Managing Directors/ Senior Directors/Directors $690—$905 Senior Consultants/Consultants $370—$660 Administrative/Paraprofessionals $150—$280 20. The hourly rates charged by FTI are consistent with the rates charged in other bankruptcy and non-bankruptcy matters of this type and are subject to periodic adjustments to reflect economic and other conditions. FTI's hourly rates are set at a level designed to fairly compensate FTI for its work and to cover fixed and routine overhead expenses. Hourly rates vary with the experience and seniority of the individuals assigned and may be adjusted by FTI from time to time. It is FTI's policy to charge its clients in all areas of practice for all other expenses incurred in connection with a client's case. The expenses charged to clients include, among other things, photocopying, witness fees, travel expenses, filing and recording fees, postage, express mail and messenger charges, computerized legal research charges and other computer services, and expenses for "working meals." FTI will charge the Debtors for these expenses in a manner and at a rate consistent with charges made generally to its other clients. FTI believes that it is equitable to charge these expenses to the particular client rather than increasing the hourly rates and spreading the expenses among other clients. 21. The Debtors submit that such rates are reasonable and should be approved by this Court subject to a determination of the amounts to be paid to FTI upon application for allowance. It is further contemplated that FTI may seek interim compensation and reimbursement of expenses during these chapter l 1 cases as permitted by section 331 of the Bankruptcy Code,the Bankruptcy Rules,the Local Rules and any applicable administrative orders that may be entered by this Court. 6