California Northern Bankruptcy Court

Order Approving in Part and Disapproving in Part Corrected First and Final Application of Dorsey & Whitney LLP for Compensation and Reimbursement of Expenses (Related Doc [121]). fees awarded: $204002.50, expenses awarded: $3038.23 for Matthew Jon Olson (lp)

DOCKET TEXT ORDER (no separate order issued:) If counsel accepts the Tentative Ruling in the prior Docket Text Order, he should notify the Courtroom Deputy prior to the time of the scheduled hearing, in which case the matter will be DROPPED from calendar and counsel may upload the appropriate order. (Montali, Dennis)

DOCKET TEXT ORDER (no separate order issued:) The court has reviewed the Corrected Application for Compensation filed by counsel for Debtor Dorsey & Whitney LLP (Dkt. 121) seeking compensation in the amount of $204,002.50 and reimbursement of expenses in the amount of $3038.23. While notice and service appear appropriate and no objections have been filed, the court notes that over 20% of the application constitutes time spent on employment and fee applications. Accordingly, the court TENTATIVELY APPROVES the Application, with a reduction in compensation for counsel's own employment and fee applications by $5,000 and a reduction in compensation related to applications for employment and compensation for other professionals by $2,500. (RE: related document(s)[121] Application for Compensation filed by Debtor RubrYc Therapeutics, Inc.).

Hearing Dropped. The hearing on 2/23/24 at 10:00 a.m. is taken off calendar pusuant to the Court's Docket Text Order. (RE: related document(s) [121] Corrected Application for Compensation and Reimbursement of Expenses for Matthew Jon Olson, Attorney, Fee: $204002.50, Expenses: $3038.23.). (lp)

Certificate of Service (RE: related document(s)[122] Notice of Hearing). Filed by Debtor RubrYc Therapeutics, Inc. (Olson, Matthew). Related document(s) [121] Corrected Application for Compensation and Reimbursement of Expenses for Matthew Jon Olson, Attorney, Fee: $204002.50, Expenses: $3038.23. filed by Debtor RubrYc Therapeutics, Inc.. Modified on 2/2/2024 (no).

Certificate of Service (RE: related document(s)[121] Application for Compensation, [122] Notice of Hearing). Filed by Debtor RubrYc Therapeutics, Inc. (Olson, Matthew)

Notice of Hearing (RE: related document(s)[121] Corrected Application for Compensation and Reimbursement of Expenses for Matthew Jon Olson, Attorney, Fee: $204002.50, Expenses: $3038.23. Filed by Attorney Matthew Jon Olson (Attachments: # 1 Declaration of Matthew J. Olson)). Hearing scheduled for 2/23/2024 at 10:30 AM in/via Tele/Videoconference - www.canb.uscourts.gov/calendars. Filed by Debtor RubrYc Therapeutics, Inc. (Olson, Matthew)

Corrected Application for Compensation and Reimbursement of Expenses for Matthew Jon Olson, Debtor's Attorney, Fee: $204002.50, Expenses: $3038.23. Filed by Attorney Matthew Jon Olson (Attachments: # (1) Declaration of Matthew J. Olson) (Olson, Matthew) Modified on 2/2/2024 (no).

Final Application for Compensation and Reimbursement of Expenses for Matthew Jon Olson, Attorney, Fee: $204002.50, Expenses: $3038.23. Filed by Attorney Matthew Jon Olson (Attachments: # (1) Declaration of Matthew J. Olson) (Olson, Matthew) NOTE: PDF scanned sideways. Modified on 2/2/2024 (no).

Order Approving First and Final Application For Approval of Compensation and Reimbursement of Expenses of Countsy as Accountant for Debtor in Possession (Related Doc [113]). fees awarded: $30436.54, expenses awarded: $3850.00 for Countsy (lp)