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1 smb Doc Filed 12/20/18 Entered 12/20/18 14:03:05 Main Document Pg 1 of 3 UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF NEW YORK SECURITIES INVESTOR PROTECTION CORPORATION, v. Plaintiff, BERNARD L. MADOFF INVESTMENT SECURITIES LLC, Adv. Pro. No (SMB) SIPA Liquidation (Substantively Consolidated) In re: Defendant. BERNARD L. MADOFF, Debtor. ORDER APPROVING APPLICATIONS FOR ALLOWANCE OF INTERIM COMPENSATION FOR SERVICES RENDERED AND REIMBURSEMENT OF EXPENSES This matter came before the Court on December 19, 2018 on the application (the Application ) 1 of Irving H. Picard, trustee ( Trustee ) for the substantively consolidated liquidation proceeding of Bernard L. Madoff Investment Securities LLC ( BLMIS ), and Bernard L. Madoff ( Madoff, and together with BLMIS, each a Debtor and collectively, the Debtors ), and Baker & Hostetler LLP ( B&H ), counsel to (together with the Trustee, the s ), with the support and approval of the Securities Investor Protection Corporation ( SIPC ), for entry of an order for interim allowance, pursuant to section 78eee(b)(5) of the Securities Investor Protection Act, 15 U.S.C. 78aaa, et seq. ( SIPA ), 2 sections 330(a) and 331 of title 11 of the United States Code (the Bankruptcy Code ), Rule 2016 of the Federal Rules of Bankruptcy Procedure (the Bankruptcy Rules ), and Rule Capitalized terms not otherwise defined herein shall have the meanings ascribed to them in the Application. 2 For convenience, future reference to SIPA will not include 15 U.S.C. 1

2 smb Doc Filed 12/20/18 Entered 12/20/18 14:03:05 Main Document Pg 2 of 3 of the Local Rules for the Bankruptcy Court for the Southern District of New York (the Local Rules ), for compensation for professional services rendered and for reimbursement of actual and necessary expenses incurred during the period April 1, 2018 through and including July 31, 2018 (the ) in the amounts listed on Exhibit A attached hereto pursuant to the Order Pursuant to Section 78eee(b)(5) of SIPA, Sections 105, 330 and 331 of the Bankruptcy Code, Bankruptcy Rule 2016(a) and Local Bankruptcy Rule Establishing Procedures Governing Monthly of Trustee and Baker & Hostetler LLP, dated February 25, 2009 (ECF No. 126), as amended on December 17, 2009 and June 1, 2011 (ECF Nos and 4125) (collectively, the Second Amended Order ), as more fully set forth in the Application (ECF No ); and the applications of special counsel to the Trustee ( Special Counsel Applications ) (ECF Nos ) as listed on Exhibit A attached hereto; and the Court having jurisdiction to consider the Application, the Special Counsel Applications, and the relief requested therein in accordance with section 78eee(b)(4) of SIPA, the Protective Decree entered on December 15, 2008 by the United States District Court for the Southern District of New York in Case No. 08 Civ , and 28 U.S.C. 157 and 1334; and it appearing that sufficient notice of the Application and Special Counsel Applications having been given by November 15, 2018 (ECF No ), and no other notice being necessary; and SIPC having filed its recommendations in support of the Application and Special Counsel Applications on December 3, 2018 (ECF Nos ) pursuant to section 78eee(b)(5)(C) of SIPA; and no objections having been filed; and a hearing (the Hearing ) having been held on December 19, 2018 to consider the Application and Special Counsel Applications; and the Court having determined that the legal and factual bases set forth in the Application and Special Counsel Applications establish just cause for the relief granted therein; 2

3 smb Doc Filed 12/20/18 Entered 12/20/18 14:03:05 Main Document Pg 3 of 3 and after due deliberation and sufficient cause appearing therefore; and for the reasons stated on the record at the Hearing, it is hereby ORDERED, ADJUDGED and DECREED that: 1. The Application is granted. 2. The Special Counsel Applications are granted. 3. The Trustee is authorized to pay the amounts as set forth on Exhibit A. Dated: New York, New York December 20 th, 2018 /s/ STUART M. BERNSTEIN HONORABLE STUART M. BERNSTEIN UNITED STATES BANKRUPTCY JUDGE 3

4 Scedule A Pg 1 of 6 EXHIBIT A TO INTERIM FEE ORDER Adv. Pro. No (SMB) Securities Investor Protection Corp. v. Bernard L. Madoff Investment Securities LLC In re Bernard L. Madoff Current : April 1, 2018 July 31, 2018 (or as otherwise indicated) Date and ECF No. of Application Current Fee Prior Fee s To Be Paid Irving H. Picard, Trustee Baker & Hostetler LLP, Counsel to the Trustee ECF No $34,076, $34,076, $30,668, $0 $30,668, $505, $505, Schiltz & Schiltz, ECF No $10, $10, $8, $0 $8, $ $ Higgs & Johnson, ECF No $7, $7, $6, $0 $6, $78.78 $78.78 Soroker Agmon, ECF No $434, $434, $347, $0 $347, $3, $3, Graf & Pitkowitz Rechtsanwälte GmbH, ECF No /01/018 $92, $92, $73, $0 $73, $1, $1, December 20, 2018 SMB

5 Scedule A Pg 2 of 6 Date and ECF No. of Application Current Fee Prior Fee s To Be Paid SCA Creque, ECF No $6, $6, $5, $0 $5, $0 $0 Young Conaway Stargatt & Taylor, LLP, ECF No $32, $32, $26, $0 $26, $ $ Windels Marx Lane & Mittendorf, LLP, ECF No $1,938, $1,938, $1,550, $0 $1,550, $20, $20, Williams, Barristers & Attorneys, ECF No $202, $202, $162, $0 $162, $0 $0 UGGC & Associés, ECF No $121, $121, $97, $0 $97, $2, $2, Browne Jacobson LLP, ECF No $1,240, $1,240, $992, $0 $992, $245, $245, Eugene F. Collins, ECF No $63, $63, $51, $0 $51, $2, $2, A-2

6 Scedule A Pg 3 of 6 Date and ECF No. of Application Current Fee Prior Fee s To Be Paid The Scaletta Law Firm, PLLC ECF No $28, $28, $22, $0 $22, $0 $0 Robbins, Russell, Englert, Orseck, Untereiner & Sauber LLP ECF No $102, $102, $82, $0 $82, $2, $2, Werder Vigano (December 1, 2017 through March 31, 2018) ECF No $ $ $ $0 $ $0 $0 Schedule A(1) DATE: / / INITIALS: USBJ * Each s requested amount includes (at least) a 10% discount from normal hourly rates. A-3

7 Scedule A Pg 4 of 6 EXHIBIT B TO INTERIM FEE ORDER Adv. Pro. No (SMB) Securities Investor Protection Corp. v. Bernard L. Madoff Investment Securities LLC In re Bernard L. Madoff Summary Cumulative of All s Total Total Total Paid Total Total Irving H. Picard, Trustee Baker & Hostetler LLP, Counsel $1,060,303, $1,060,303, $1,043,379, $16,704, $16,704, AlixPartners, LLP, Consultant to the Receiver $316, $316, $316, $15, $15, Windels Marx Lane & Mittendorf, LLP, Counsel to the Chapter 7 Trustee $199, $199, $199, $2, $2, Hogan Lovells International LLP, $2,324, $2,324, $2,324, $180, $180, Schifferli Vafadar Sivilotti, $17, $17, $17, $0 $0 Mishcon de Reya, $1,826, $1,826, $1,826, $139, $139, Receiver, Richards Kibbe & Orbe LLP, Counsel to the Receiver and AlixPartners $300, $300, $300, $6, $6, LLP, Consultant to Receiver Taylor Wessing, $23,891, $23,891, $23,891, $10,267, $10,267, Greenfield Stein & Senior LLP, $50, $50, $50, $ $ Spizz Cohen & Serchuk, P.C. $14, $14, $14, $0 $0 Goldstein & Russell, P.C. $133, $133, $133, $0 $0 Osborne & Osborne, P.A., $2, $2, $2, $35.21 $35.21 Eugene F. Collins, $699, $699, $669, $48, $48, Schiltz & Schiltz, $1,776, $1,776, $1,718, $134, $134, Higgs & Johnson, $1,393, $1,393, $1,351, $127, $127,434.73

8 smb Doc Filed 12/20/18 Entered 12/20/18 14:03:05 Exhibit Scedule A Pg 5 of 6 Total Total Total Paid Total Total Kugler Kandestin, L.L.P., $35, $35, $34, $1, $1, Graf & Pitkowitz Rechtsanwlälte GmbH $5,864, $5,864, $5,707, $244, $244, SCA Creque, $1,408, $1,408, $1,370, $11, $11, Young Conaway Stargatt & Taylor, LLP, $1,502, $1,502, $1,437, $48, $48, Windels Marx Lane & Mittendorf, LLP, $67,510, $67,510, $60,088, $610, $610, Williams, Barristers & Attorneys, $6,363, $6,363, $6,083, $96, $96, UGGC & Associés, $2,053, $2,053, $1,958, $90, $90, Werder Vigano, $317, $317, $308, $1, $1, Soroker - Agmon, $8,137, $8,137, $7,678, $339, $339, Browne Jacobson LLP, $17,507, $17,507, $16,558, $1,227, $1,227, La Tanzi, Spaulding & Landreth, P.C., $8, $8, $8, $ $ Triay Stagnetto Neish, $998, $998, $946, $43, $43, Ritter & Ritter Advokatur, $138, $138, $135, $3, $3, Bedell Cristin Guernsey Partnership, $35, $35, $34, $27.56 $27.56 Munari Guidici Maniglio Panfili E Associati, $86, $86, $84, $ $ Kelley, Wolter & Scott, $92, $92, $89, $ $ Cochran Allan, $37, $37, $36, $0 $0 Tarter Krinsky & Drogin LLP $21, $21, $20, $0 $0 The Scaletta Law Firm, PLLC $70, $70, $60, $ $ B-2

9 Scedule A Pg 6 of 6 Robbins, Russell, Englert, Orseck, Untereiner & Sauber LLP Total Total Total Paid Total Total $285, $285, $246, $5, $5, Schedule B(1) DATE: / / INITIALS: : USBJ B-3