Case KG Doc 898 Filed 01/03/19 Page 1 of 3
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1 Case KG Doc 898 Filed 01/03/19 Page 1 of 3 HOGAN LOVELLS US LLP Christopher R. Donoho, III Christopher R. Bryant, Esq. John D. Beck, Esq. 875 Third Avenue New York, New York Telephone: (212) Fax: (212) chris.donoho@hoganlovells.com christopher.bryant@hoganlovells.com john.beck@hoganlovells.com Counsel for the Debtor. UNITED STATES BANKRUPTCY COURT DISTRICT OF DELAWARE In re Orexigen Therapeutics, Inc. Debtor. 1 Chapter 11 Case No (KG) DECLARATION OF CHRISTOPHER R. DONOHO, III REGARDING ANNUAL RATE INCREASE OF HOGAN LOVELLS US LLP I, Christopher R. Donoho, III, pursuant to 28 U.S.C. 1746, hereby declare that the following is true to the best of my knowledge, information, and belief: 1. I am a partner at Hogan Lovells US LLP ("Hogan Lovells"), which maintains offices at 875 Third Avenue, New York, New York I submit this declaration notifying of Hogan Lovells rate increases, in accordance with the notice requirements set forth in the Order under Bankruptcy Code Section 327(e), Bankruptcy Rule 2014, and Local Bankruptcy Rules and for the District of Delaware authorizing the Debtor's retention of Hogan 1 The last four digits of the Debtor s federal tax identification number are The Debtor s mailing address for purposes of this Chapter 11 Case is 3344 North Torrey Pines Court, Suite 200, La Jolla, CA 92037
2 Case KG Doc 898 Filed 01/03/19 Page 2 of 3 Lovells as bankruptcy counsel to the Debtor, nunc pro tunc to March 12, 2018 (the "Hogan Lovells Retention Order") entered April 11, 2018 [Dkt. No. 174]. Except as otherwise indicated, I have personal knowledge of the matters set forth herein and, if called as a witness, would testify competently thereto. 2. Notice of Rate Increase. I submit this declaration in accordance with the Hogan Lovells Retention Order indicating "In the event that Hogan Lovells rates increase, the Debtor will file a notice detailing the new rate structure and will serve such notice on the Notice Parties (as defined in the Application)." [Dkt. No. 87-1, 17.] 3. Effective January 1, 2019, Hogan Lovells has implemented firm-wide rate increases. Attached hereto as Exhibit A is a summary of the 2019 Standard Hourly Time Charge Schedule effective January 1, As disclosed in the Declaration Of Christopher R. Donoho, III In Support Of The Application Of The Debtor For Entry Of An Order Pursuant To Bankruptcy Code Sections 327(A), 328, 330, And 1107 Authorizing Employment And Retention Of Hogan Lovells US LLP As Counsel For The Debtor In Possession Nunc Pro Tunc To The Petition Date And Statement Required By Bankruptcy Code Section 329 [Dkt. No. 87-1, 17], Hogan Lovells hourly rates are subject to periodic adjustment to reflect economic and other conditions consistent with the rates that Hogan Lovells charges in other matters. The increase noticed herein is reasonable pursuant to section 330(a)(3)(F) of the Bankruptcy Code as it is applied firm-wide, and the new rates are comparable to those used in similar circumstances by similarly skilled professionals. 5. Hogan Lovells will provide notice of this Declaration to the following parties, or, in lieu thereof, their counsel: (a) the Office of the U.S. Trustee for the District of Delaware; (b) the Debtor; and (c) any party that has requested notice pursuant to Bankruptcy Rule A 2
3 Case KG Doc 898 Filed 01/03/19 Page 3 of 3 copy of this Declaration is also available on the Court's website. Hogan Lovells submits that no other or further notice need be provided. I declare under penalty of perjury that the foregoing is true and correct. Dated: New York, New York January 3, 2019 HOGAN LOVELLS US LLP By: /s/christopher R. Donoho, III Christopher R. Donoho, III Christopher R. Bryant John D. Beck 875 Third Avenue New York, New York (212) (212) (facsimile) chris.donoho@hoganlovells.com christopher.bryant@hoganlovells.com john.beck@hoganlovells.com Counsel to the Debtor. 3
4 Case KG Doc Filed 01/03/19 Page 1 of 2 Exhibit A
5 Case KG Doc Filed 01/03/19 Page 2 of 2 Hogan Lovells US LLP Hourly Billing Rates 2 Effective January 1, 2019 Name 2019 Rate Christopher R. Donoho, II $1, Scott Friedman $1, Amy B. Freed $1, Pieter Van Tol $1, Christopher R. Bryant $ John D. Beck $ Catherine Y. Chen $ Eric L. Einhorn $ Sean A. Feener $ Sara Posner $ Jennifer Y. Lee $ Ronald Cappiello $ Includes only Hogan Lovells personnel who have rendered, and who are expected to continue to render, services for the Debtor in this Chapter 11 case. 2
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