cgm Doc 976 Filed 02/25/15 Entered 02/25/15 08:50:15 Main Document Pg 1 of 18

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1 Pg 1 of 18 Lloyd T. Whitaker, Liquidating Trustee Newleaf Corporation 2400 Herodian Way Suite 135, North Wing Smyrna, Georgia Telephone: (770) Fax: (770) UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF NEW YORK ) In re ) Chapter 11 ) MAJESTIC CAPITAL, LTD. et al., ) Case No (CGM) ) Debtors. ) Jointly Administered ) MONTHLY FEE AND EXPENSE STATEMENT OF LLOYD T. WHITAKER, LIQUIDATING TRUSTEE In accordance with Article XI(C) of the Plan, Lloyd T. Whitaker ( Whitaker ) hereby submits this Monthly Statement, 1,2 pursuant to which Whitaker seeks payment of compensation in the amount of $6, on account of reasonable and necessary services rendered as the Liquidating Trustee, and reimbursement of actual and necessary expenses in the amount of $60.96 billed to or incurred by Whitaker, during the period of January 1, 2015 to January 31, 2015 (the Fee Period ). A copy of Whitaker s timesheets for the Fee Period is submitted herewith as Exhibit A. 1 Capitalized terms used but not defined herein shall have the meanings ascribed to them in the First Amended Joint Plan of Liquidation of Majestic Capital, Ltd., Majestic USA Capital, Inc., Compensation Risk Managers, LLC, Compensation Risk Managers of California, LLC, Eimar, LLC and Embarcadero Insurance Holdings, Inc. [ECF No. 276] (the Plan ). 2 Time charges to specific Liquidating Trusts are shown in black print; prorated time charges are shown in red print for ease in differentiating from Trust specific charges. The chart on p.2 summarizes all time charges to each Liquidating Trust Majestic Capital et al LTW Invoice Revised

2 Pg 2 of 18 Name Year of Graduation from Law School Year Admitted to Georgia Bar Total Hours Billed Hourly Billing Rate Total Fees Lloyd T. Whitaker $ $6, Non-Working Travel Time Totals $6, Name Total Non- Prorated Hours Billed Total Prorated Hours Billed Non-Working * Travel Hours Hourly Billing Rate Total Fees Majestic Capital, Ltd $ $1, Majestic USA Capital, Inc $ $1, Compensation Risk Managers, LLC Compensation Risk Managers of California, LLC $ $ $ $ Eimar, LLC $ $ Embarcadero Insurance Holdings, Inc $ $1, Totals $ $6, * AT 50% of Regular Hourly Billing Rate 15 1 Majestic Capital et al LTW Invoice Revised

3 Pg 3 of 18 The expenses billed to or incurred by Whitaker during the Fee Period are as follows: Expense Category Total Copies $48.00 Postage $12.96 Total $60.96 Expenses Majestic Capital, Ltd. Majestic USA Capital, Inc. Compensation Risk Managers, LLC Compensation Risk Managers of California, LLC Eimar, LLC Embarcadero Insurance Holdings, Inc. Total Fees Copies $15.50 $5.75 $4.50 $3.00 $3.00 $16.25 $48.00 Postage $6.24 $0.96 $1.92 $0.96 $0.96 $1.92 $12.96 Totals $21.74 $6.71 $6.42 $3.96 $3.96 $18.17 $60.96 Lloyd T. Whitaker has filed this Monthly Statement with the Bankruptcy Court in accordance with Article XI(C)(a) of the Plan. Pursuant to Article XI(C)(b) of the Plan, parties in interest have until the Objection Deadline, which is the fifteenth calendar day after the filing of this Monthly Statement, to review it. If no Notice of Objection to this Monthly Statement is filed with the Bankruptcy Court and served upon the Liquidating Trustee by the Objection Deadline, the Liquidating Trustee is authorized to pay the fees and expenses identified in this Monthly Statement Majestic Capital et al LTW Invoice Revised

4 Pg 4 of 18 Dated: February 13, 2015 Loy Liquidatin c/o Newlea Corporation 2400 Herodi Way Suite 135, No Wing Telephone: (770) Fax: (770) ltwhitaker@newleaf. ws 15 1 Majestic Capital et a1 L TW Invoice 4

5 Pg 5 of 18 EXHIBIT A

6 Pg 6 of 18 MAJESTIC CAPITAL LLOYD T. WHITAKER TIME FOR THE MONTH OF JANUARY, 2015 DATE DESCRIPTION LTW Receipt of a copy of an from Steven Reingold to Sam O Shaughnessy, and reply to Reingold suggesting that it may be time directly to involve Nick Frost, O Shaughnessy s boss, in the exercise in which we are engaged, seeking commutation of multiple policies in which Twin Bridges was involved (.2); message from Reingold reporting that no fee and expenses objections to those of my professionals have been filed and listing those statements now authorized for payment, and coordinating with Todd Cheek on issuing checks, and then reply message to Reingold (.3); administrative recordkeeping (.1) LTW Receipt of a copy from Steven Reingold of a fully executed Amendment to the Tolling Agreement with the potential O&D defendants through their attorney, Michael Coran, and exchange with Reingold, Nick DiCarlo, and Chris Caserta on this subject (.3); telephone call with Reingold regarding the BDO Engagement Letter and also issues in the settlement with the O&D insurers (.3); administrative recordkeeping (.1) LTW exchange with Steven Reingold and the TAB regarding tomorrow s scheduled TAB call, confirming that I intend to participate in the call (.2); exchange with Reingold regarding a sensitive internal issue, agreeing on a course of action for tomorrow s call (.3); administrative recordkeeping (.1) LTW Participation with Steven Reingold, Pete Finelli, and Dave Kaminski, in the scheduled TAB call at 9:30 a.m. dealing with Twin Bridges commutation issues, the New York SWCD and the UHY and SG Risk recoveries and our participation therein, the O&D Litigation status, where we are with the California Conservator regarding a further distribution to Embarcadero, and, finally, where we are with the payout to Riva Ridge on its assigned claim from Wilmington Trust (.6); exchange between and among Reingold, Sam O Shaughnessy, and me, with copies to Lou Viglotti, Nick Frost, and Oceana Yates, regarding Twin Bridges commutation issues (.3); administrative recordkeeping (.1) LTW Receipt of from Sam O Shaughnessy advising that there is no further update on the brokers involved in the commutation efforts - 1 -

7 Pg 7 of 18 with Twin Bridges, and reply to O Shaughnessy (.2); administrative recordkeeping (.1) LTW exchange with Steven Reingold regarding a possible conference telephone call with Nick DiCarlo and Chris Caserta to discuss the Stipulation of Settlement in the O&D claims (.2); further exchange with Reingold regarding a prior legal matter discussed (.1); administrative recordkeeping (.1) LTW from Sam O Shaughnessy regarding both a Quest fee and a Bermuda Government Fee, the latter of which must be paid by January 27, 2015, or else penalties will be incurred, and telephone call with Steven Reingold regarding the O Shaughnessy message, ultimately sending O Shaughnessy a message authorizing him to pay the Government Fee and also advising that I will not authorize payment of the Quest fee until Nick Frost and I are able to discuss the Quest fees generally, and that Frost has not returned my earlier call placed to him for this purpose (.4); further exchange between and among O Shaughnessy, Reingold, and me regarding the commutation efforts which O Shaughnessy is pursuing in regard to certain Twin Bridges obligations (.3); administrative recordkeeping (.1) LTW Receipt of from Pete Finelli addressed to Steven Reingold and me regarding the fact that the O&D settlement is not yet fully papered and asking for an assessment of the risk that it may yet fall apart, and monitoring Reingold s response to Finelli giving a complete update on the status of negotiations with the involved insurers and pointing out that matters presently appear to be hung up over whether any shareholders will opt out of a third party settlement which directly affects potential liability by the insurers on the same policies that are at issue with us, and to Reingold suggesting that he also give Finelli the early February, 2015 opt out deadline date which will mature with the hearing on February 27, 2015, should there be no shareholders taking advantage of the opt out opportunity, and further exchange with Reingold on this subject (.4); further exchange with Reingold in which message from him he points out that notwithstanding the February 6, 2015 socalled opt out deadline, it is still possible that shareholders could seek subsequently to elect to opt out of the settlement prior to the February 27, 2015 final hearing date, and brief reply to Reingold (.2); administrative recordkeeping (.1) TOTALS Prorated Non-Prorated Administrative recordkeeping for Majestic Capital Only

8 Pg 8 of 18 MAJESTIC USA LLOYD T. WHITAKER TIME FOR THE MONTH OF JANUARY, 2015 DATE DESCRIPTION LTW message from Steven Reingold reporting that no fee and expenses objections to those of my professionals have been filed and listing those statements now authorized for payment, and coordinating with Todd Cheek on issuing checks, and then reply message to Reingold (.3); administrative recordkeeping (.1) LTW Receipt from one Randy Schwartzman on behalf of BDO USA, LLP of a multi-page engagement letter addressed to Majestic USA Capital, Inc. with also multiple page exhibits and attachments, and print out and review of each of those documents, and thereafter to Steven Reingold asking that he review and advise whether he has any comments, adverse or otherwise, on these lengthy documents (1.2); receipt of a copy from Reingold of a fully executed Amendment to the Tolling Agreement with the potential O&D defendants through their attorney, Michael Coran, and exchange with Reingold, Nick DiCarlo, and Chris Caserta on this subject (.3); further exchange with Reingold regarding the BDO Engagement Letter which is characterized as an Agreement to Provide Tax Services and thereafter execution of the document and forwarding executed signature pages to Schwartzman and Reingold with, in each instance, cover correspondence (.3); telephone call with Reingold regarding the BDO Engagement Letter and also issues in the settlement with the O&D insurers (.3); administrative recordkeeping (.1) LTW exchange with Steven Reingold and the TAB regarding tomorrow s scheduled TAB call, confirming that I intend to participate in the call (.2); exchange with Reingold regarding a sensitive internal issue, agreeing on a course of action for tomorrow s call (.3); administrative recordkeeping (.1) LTW Participation with Steven Reingold, Pete Finelli, and Dave Kaminski, in the scheduled TAB call at 9:30 a.m. dealing with Twin Bridges commutation issues, the New York SWCD and the UHY and SG Risk recoveries and our participation therein, the O&D Litigation status, where we are with the California Conservator regarding a further distribution to Embarcadero, and, finally, where we are with the payout to Riva Ridge on its assigned claim from Wilmington Trust (.6); administrative recordkeeping (.1) - 1 -

9 Pg 9 of LTW exchange with Steven Reingold regarding a possible conference telephone call with Nick DiCarlo and Chris Caserta to discuss the Stipulation of Settlement in the O&D claims (.2); further exchange with Reingold regarding a prior legal matter discussed (.1); administrative recordkeeping (.1) LTW Receipt of from Pete Finelli addressed to Steven Reingold and me regarding the fact that the O&D settlement is not yet fully papered and asking for an assessment of the risk that it may yet fall apart, and monitoring Reingold s response to Finelli giving a complete update on the status of negotiations with the involved insurers and pointing out that matters presently appear to be hung up over whether any shareholders will opt out of a third party settlement which directly affects potential liability by the insurers on the same policies that are at issue with us, and to Reingold suggesting that he also give Finelli the early February, 2015 opt out deadline date which will mature with the hearing on February 27, 2015, should there be no shareholders taking advantage of the opt out opportunity, and further exchange with Reingold on this subject (.4); further exchange with Reingold in which message from him he points out that notwithstanding the February 6, 2015 so-called opt out deadline, it is still possible that shareholders could seek subsequently to elect to opt out of the settlement prior to the February 27, 2015 final hearing date, and brief reply to Reingold (.2); administrative recordkeeping (.1) TOTALS Prorated Non-Prorated Administrative recordkeeping for Majestic USA Only

10 Pg 10 of 18 COMPENSATION RISK MANAGERS LLOYD T. WHITAKER TIME FOR THE MONTH OF JANUARY, 2015 DATE DESCRIPTION LTW exchange with Steven Reingold regarding a Day Seckler firm invoice (.2); administrative recordkeeping (.1) LTW Receipt in the Newleaf mail of a New York State Department of Taxation and Finance formal Notice that a Tax Department Tax Warrant has been filed against CRM USA Holdings, Inc., and forwarding a copy of that document to Steven Reingold with a request that he file a Suggestion of Bankruptcy, noting the Bankruptcy caveat in the document (.3); administrative recordkeeping (.1) LTW message from Steven Reingold reporting that no fee and expenses objections to those of my professionals have been filed and listing those statements now authorized for payment, and coordinating with Todd Cheek on issuing checks, and then reply message to Reingold (.3); administrative recordkeeping (.1) LTW Receipt of a copy from Steven Reingold of a fully executed Amendment to the Tolling Agreement with the potential O&D defendants through their attorney, Michael Coran, and exchange with Reingold, Nick DiCarlo, and Chris Caserta on this subject (.3); telephone call with Reingold regarding the BDO Engagement Letter and also issues in the settlement with the O&D insurers (.3); administrative recordkeeping (.1) LTW exchange with Steven Reingold and the TAB regarding tomorrow s scheduled TAB call, confirming that I intend to participate in the call (.2); exchange with Reingold regarding a sensitive internal issue, agreeing on a course of action for tomorrow s call (.3); administrative recordkeeping (.1) LTW Participation with Steven Reingold, Pete Finelli, and Dave Kaminski, in the scheduled TAB call at 9:30 a.m. dealing with Twin Bridges commutation issues, the New York SWCD and the UHY and SG Risk recoveries and our participation therein, the O&D Litigation status, where we are with the California Conservator regarding a further distribution to Embarcadero, and, finally, where we are with the payout to Riva Ridge on its assigned claim from Wilmington Trust (.6); administrative recordkeeping (.1) - 1 -

11 Pg 11 of LTW exchange with Steven Reingold regarding a possible conference telephone call with Nick DiCarlo and Chris Caserta to discuss the Stipulation of Settlement in the O&D claims (.2); further exchange with Reingold regarding a prior legal matter discussed (.1); administrative recordkeeping (.1) LTW Receipt of from Pete Finelli addressed to Steven Reingold and me regarding the fact that the O&D settlement is not yet fully papered and asking for an assessment of the risk that it may yet fall apart, and monitoring Reingold s response to Finelli giving a complete update on the status of negotiations with the involved insurers and pointing out that matters presently appear to be hung up over whether any shareholders will opt out of a third party settlement which directly affects potential liability by the insurers on the same policies that are at issue with us, and to Reingold suggesting that he also give Finelli the early February, 2015 opt out deadline date which will mature with the hearing on February 27, 2015, should there be no shareholders taking advantage of the opt out opportunity, and further exchange with Reingold on this subject (.4); further exchange with Reingold in which message from him he points out that notwithstanding the February 6, 2015 so-called opt out deadline, it is still possible that shareholders could seek subsequently to elect to opt out of the settlement prior to the February 27, 2015 final hearing date, and brief reply to Reingold (.2); administrative recordkeeping (.1) TOTALS Prorated Non-Prorated Administrative recordkeeping for CRM Only

12 Pg 12 of 18 COMPENSATION RISK MANAGERS of CALIFORNIA LLOYD T. WHITAKER TIME FOR THE MONTH OF JANUARY, 2015 DATE DESCRIPTION LTW message from Steven Reingold reporting that no fee and expenses objections to those of my professionals have been filed and listing those statements now authorized for payment, and coordinating with Todd Cheek on issuing checks, and then reply message to Reingold (.3); administrative recordkeeping (.1) LTW Receipt of a copy from Steven Reingold of a fully executed Amendment to the Tolling Agreement with the potential O&D defendants through their attorney, Michael Coran, and exchange with Reingold, Nick DiCarlo, and Chris Caserta on this subject (.3); telephone call with Reingold regarding the BDO Engagement Letter and also issues in the settlement with the O&D insurers (.3); administrative recordkeeping (.1) LTW exchange with Steven Reingold and the TAB regarding tomorrow s scheduled TAB call, confirming that I intend to participate in the call (.2); exchange with Reingold regarding a sensitive internal issue, agreeing on a course of action for tomorrow s call (.3); administrative recordkeeping (.1) LTW Participation with Steven Reingold, Pete Finelli, and Dave Kaminski, in the scheduled TAB call at 9:30 a.m. dealing with Twin Bridges commutation issues, the New York SWCD and the UHY and SG Risk recoveries and our participation therein, the O&D Litigation status, where we are with the California Conservator regarding a further distribution to Embarcadero, and, finally, where we are with the payout to Riva Ridge on its assigned claim from Wilmington Trust (.6); administrative recordkeeping (.1) LTW exchange with Steven Reingold regarding a possible conference telephone call with Nick DiCarlo and Chris Caserta to discuss the Stipulation of Settlement in the O&D claims (.2); further exchange with Reingold regarding a prior legal matter discussed (.1); administrative recordkeeping (.1) LTW Receipt of from Pete Finelli addressed to Steven Reingold and me regarding the fact that the O&D settlement is not yet fully papered and asking for an assessment of the risk that it may yet fall apart, and monitoring Reingold s response to Finelli giving a - 1 -

13 Pg 13 of 18 complete update on the status of negotiations with the involved insurers and pointing out that matters presently appear to be hung up over whether any shareholders will opt out of a third party settlement which directly affects potential liability by the insurers on the same policies that are at issue with us, and to Reingold suggesting that he also give Finelli the early February, 2015 opt out deadline date which will mature with the hearing on February 27, 2015, should there be no shareholders taking advantage of the opt out opportunity, and further exchange with Reingold on this subject (.4); further exchange with Reingold in which message from him he points out that notwithstanding the February 6, 2015 so-called opt out deadline, it is still possible that shareholders could seek subsequently to elect to opt out of the settlement prior to the February 27, 2015 final hearing date, and brief reply to Reingold (.2); administrative recordkeeping (.1) TOTALS Prorated Non-Prorated Administrative recordkeeping for CRM CA Only

14 Pg 14 of 18 EIMAR LLOYD T. WHITAKER TIME FOR THE MONTH OF JANUARY, 2015 DATE DESCRIPTION LTW message from Steven Reingold reporting that no fee and expenses objections to those of my professionals have been filed and listing those statements now authorized for payment, and coordinating with Todd Cheek on issuing checks, and then reply message to Reingold (.3); administrative recordkeeping (.1) LTW Receipt of a copy from Steven Reingold of a fully executed Amendment to the Tolling Agreement with the potential O&D defendants through their attorney, Michael Coran, and exchange with Reingold, Nick DiCarlo, and Chris Caserta on this subject (.3); telephone call with Reingold regarding the BDO Engagement Letter and also issues in the settlement with the O&D insurers (.3); administrative recordkeeping (.1) LTW exchange with Steven Reingold and the TAB regarding tomorrow s scheduled TAB call, confirming that I intend to participate in the call (.2); exchange with Reingold regarding a sensitive internal issue, agreeing on a course of action for tomorrow s call (.3); administrative recordkeeping (.1) LTW Participation with Steven Reingold, Pete Finelli, and Dave Kaminski, in the scheduled TAB call at 9:30 a.m. dealing with Twin Bridges commutation issues, the New York SWCD and the UHY and SG Risk recoveries and our participation therein, the O&D Litigation status, where we are with the California Conservator regarding a further distribution to Embarcadero, and, finally, where we are with the payout to Riva Ridge on its assigned claim from Wilmington Trust (.6); administrative recordkeeping (.1) LTW exchange with Steven Reingold regarding a possible conference telephone call with Nick DiCarlo and Chris Caserta to discuss the Stipulation of Settlement in the O&D claims (.2); further exchange with Reingold regarding a prior legal matter discussed (.1); administrative recordkeeping (.1) LTW Receipt of from Pete Finelli addressed to Steven Reingold and me regarding the fact that the O&D settlement is not yet fully papered and asking for an assessment of the risk that it may yet fall apart, and monitoring Reingold s response to Finelli giving a - 1 -

15 Pg 15 of 18 complete update on the status of negotiations with the involved insurers and pointing out that matters presently appear to be hung up over whether any shareholders will opt out of a third party settlement which directly affects potential liability by the insurers on the same policies that are at issue with us, and to Reingold suggesting that he also give Finelli the early February, 2015 opt out deadline date which will mature with the hearing on February 27, 2015, should there be no shareholders taking advantage of the opt out opportunity, and further exchange with Reingold on this subject (.4); further exchange with Reingold in which message from him he points out that notwithstanding the February 6, 2015 so-called opt out deadline, it is still possible that shareholders could seek subsequently to elect to opt out of the settlement prior to the February 27, 2015 final hearing date, and brief reply to Reingold (.2); administrative recordkeeping (.1) TOTALS Prorated Non-Prorated Administrative recordkeeping for Eimar Only

16 Pg 16 of 18 EMBARCADERO LLOYD T. WHITAKER TIME FOR THE MONTH OF JANUARY, 2015 DATE DESCRIPTION LTW message from Seven Reingold reporting that no fee and expenses objections to those of my professionals have been filed and listing those statements now authorized for payment, and coordinating with Todd Cheek on issuing checks, and then reply message to Reingold (.3); administrative recordkeeping (.1) LTW Receipt of a copy from Steven Reingold of a fully executed Amendment to the Tolling Agreement with the potential O&D defendants through their attorney, Michael Coran, and exchange with Reingold, Nick DiCarlo, and Chris Caserta on this subject (.3); telephone call with Reingold regarding the BDO Engagement Letter and also issues in the settlement with the O&D insurers (.3); administrative recordkeeping (.1) LTW exchange with Steven Reingold and the TAB regarding tomorrow s scheduled TAB call, confirming that I intend to participate in the call (.2); exchange with Reingold regarding a sensitive internal issue, agreeing on a course of action for tomorrow s call (.3); administrative recordkeeping (.1) LTW exchange with Steven Reingold regarding whether, and if so how, the Riva Ridge interest claim gets worked into the TAB call (.2); participation with Reingold, Pete Finelli, and Dave Kaminski, in the scheduled TAB call at 9:30 a.m. dealing with Twin Bridges commutation issues, the New York SWCD and the UHY and SG Risk recoveries and our participation therein, the O&D Litigation status, where we are with the California Conservator regarding a further distribution to Embarcadero, and, finally, where we are with the payout to Riva Ridge on its assigned claim from Wilmington Trust (.6); following the TAB call speaking with Reingold regarding the potential Riva Ridge claim for post-filing interest and multiple ramifications thereof (.3); administrative recordkeeping (.1) LTW exchange with Steven Reingold regarding a letter he has received from Todd Meyers (Kilpatrick Stockton Wilmington Trust counsel) advancing the claim of Wilmington Trust Company (read Riva Ridge) for post-filing interest, and asking that Reingold forward to me a copy of the Meyers letter on which I was not copied by Meyers, and replying to Reingold (.3); receipt - 1 -

17 Pg 17 of 18 from Reingold of a copy of the Meyers letter, addressing the Wilmington/Riva claim for post-filing interest, print out and review of that letter, and thereafter preparation of a very lengthy message to Reingold discussing strategy for dealing with this potential claim, also dealing with whether the Wilmington/Riva claim includes fees which were not mentioned in the Meyers letter (.8); administrative recordkeeping (.1) LTW to Steven Reingold asking that he have a colleague do a calculation of the amount of interest, expressed in dollars, that is inherent in the Wilmington/Riva claim for interest, and reply from Reingold (.2); administrative recordkeeping (.1) LTW from Pete Finelli expressing dismay that the California Conservator apparently does not intend to make any further interim distribution from the Conservation Estate, Finelli expressing frustration because the Great Western tail now has been severed, and there does not appear to be any reason for requiring any substantial continuing holdback, monitoring Reingold s reply, and then sending a separate to Finelli and Reingold commenting on the potential cost, as described by the Conservation Estate representative, for keeping the Conservation Estate open for each additional month of approximately $40,000, but also observing that if the Estate is kept open, the potential for an interim distribution does not affect the monthly cost estimate of keeping the Estate open (.3); receipt of a copy of an from Dave Kaminski to Pete Finelli, with copies to Reingold, me and Vik Ghei, Kaminski pointing out that it has been his experience that there is very little likelihood of any positive result coming from an effort to mandate that the Conservator do anything other than what the Conservator chooses to do, and brief reply to Kaminski (.2); administrative recordkeeping (.1) LTW exchange with Steven Reingold regarding a possible conference telephone call with Nick DiCarlo and Chris Caserta to discuss the Stipulation of Settlement in the O&D claims (.2); further exchange with Reingold regarding a prior legal matter discussed (.1); administrative recordkeeping (.1) LTW Receipt of from Pete Finelli addressed to Steven Reingold and me regarding the fact that the O&D settlement is not yet fully papered and asking for an assessment of the risk that it may yet fall apart, and monitoring Reingold s response to Finelli giving a complete update on the status of negotiations with the involved insurers and pointing out that matters presently appear to be hung up over whether any shareholders will opt out of a third party settlement which directly affects potential liability by the insurers on the same policies that are at issue with us, and

18 Pg 18 of 18 to Reingold suggesting that he also give Finelli the early February, 2015 opt out deadline date which will mature with the hearing on February 27, 2015, should there be no shareholders taking advantage of the opt out opportunity, and further exchange with Reingold on this subject (.4); further exchange with Reingold in which message from him he points out that notwithstanding the February 6, 2015 so-called opt out deadline, it is still possible that shareholders could seek subsequently to elect to opt out of the settlement prior to the February 27, 2015 final hearing date, and brief reply to Reingold (.2); administrative recordkeeping (.1) LTW Telephone call regarding an interim payment made earlier to Wilmington Trust Company (Riva Ridge) (.2); administrative recordkeeping (.1) TOTALS Prorated Non-Prorated Administrative recordkeeping for Embarcadero Only