12-12321

Doc 10-3

Filed 05/28/12

Entered 05/28/12 22:42:23

Pg 1 of 2

Exhibit A: Budget

DEWEY & LeBoeuf LLP

Domestic Weekly Cash Flow Budget
(amounts in thousands USD)
week beginning
Receipts
Client
Others1

5/28
1

6/4
2

3,371
2,498

6/11
3

4,696
-

6/18
4

5,875
-

6/25
5

7,135
-

Total

7,515
267

28,592
2,765

Disbursements
Employee Expenses
Wind Down Compensation
Incentive Fee
Dissolution Committee
Taxes & Benefits2
Employee Expense Reimbursements
Operating Expenses
Occupancy Expenses3
Datacenter / DR Co-lo
Leased Equipment
Professional Liability Insurance
General Insurance
IT / Critical Systems
Records Management/Storage
Communication
Utility Deposits
Other Professionals
Other Operating Expenses
Total Disbursements

(1,057)
(58)
(370)
(50)

(58)
(25)

(448)
(58)
(157)
(25)

(58)
(25)

(522)
(58)
(270)
(25)

(2,027)
(288)
(797)
(150)

(375)
(161)
(800)
(175)
(187)
(100)
(60)
(200)
(3,593)

(774)
(150)
(160)
(250)
(1,417)

(40)
(85)
(200)
(1,013)

(35)
(50)
(255)
(230)
(653)

(175)
(215)
(85)
(200)
(1,549)

(375)
(161)
(774)
(800)
(425)
(452)
(150)
(100)
(645)
(1,080)
(8,225)

AR Proceeds Account4
Concentration Account/Other4
Total Opening Book Balance4
Net Cash Flow
Available Cash

12,089
1,323
13,412
2,276
15,689

15,460
228
15,689
3,279
18,968

18,968
18,968
4,862
23,830

23,830
23,830
6,482
30,312

30,312
30,312
6,232
36,544

13,412
23,132
36,544

(332)
(108)
(440)

(332)
(108)
(440)

Contingent Disbursements5
Occupancy Expenses3
Datacenter / DR Co-lo
Subtotal
Memo - Other Expenses
Restructuring Expenses - Dewey
Restructuring Expenses - Lenders
UCC Professionals
Accrued Employee PTO
Subtotal
Cash Flow Sweep6
AR Proceeds Account4
Concentration Account/Other4
Total Cash Available for Sweep
Cash Flow Sweep
Cash After Sweep

(559)
(340)
(60)
(959)

(519)
(340)
(60)
(919)

(483)
(340)
(60)
(883)

(490)
(340)
(60)
(890)

(488)
(340)
(60)
(341)
(1,229)

(2,539)
(1,700)
(300)
(341)
(4,880)

14,730
14,730
4,730
10,000

12,360
12,360
2,360
10,000

13,979
13,979
3,979
10,000

15,592
15,592
5,592
10,000

14,563
14,563
4,563
10,000

31,224
21,224
10,000

1) Excludes any proceeds from transactions with foreign offices.

2) To the extent there is a favorable variance as it relates to the Taxes & Benefits line item, the favorable amount will be excluded
from the disbursement variance calculation
3) Assumes that the only rent paid is for the 10th floor of the New York office and concourse/sub-concourse storage in the NY
office
4) Estimated opening bank balance as of 5/25. A future true up to the actual book balance as of 5/25 my be necessary.
5) To the extent it is feasible, these disbursements will be paid the week beginning 7/2. They will not be included in any variance
calculations
6) The Cash Available for Sweep is calculated as follows: Receipts less Total Disbursements less Contingent Disbursements less
Memo-Other Expenses. The minimum cash after the sweep is $10 million.

12-12321

Doc 10-3

Filed 05/28/12

Entered 05/28/12 22:42:23

Pg 2 of 2

Exhibit A: Budget

DEWEY & LeBoeuf LLP

Domestic Weekly Cash Flow Budget
(amounts in thousands USD)
week beginning
Restructuring Dewey (thousands usd):
Zolfo Cooper
DSI
Epiq
Goldin
On-site
Togut1
Restructuring Lenders (thousands usd):
FTI1
Kramer Levin1
Allen & Overy1
Bingham1
UCC Professionals (thousands usd):
Attorney1
Financial Advisor1

Total restructure

5/28
1

6/4
2

6/11
3

6/18
4

6/25
5

Total

175
44
100
90
150

175
44
75
75
150

175
44
75
39
150

175
44
50
71
150

175
29
50
84
150

875
204
75
350
285
750

559

519

483

490

488

2,539

90
125
25
100
340

90
125
25
100
340

90
125
25
100
340

90
125
25
100
340

90
125
25
100
340

450
625
125
500
1,700

30
30
60

30
30
60

30
30
60

30
30
60

30
30
60

150
150
300

959

919

883

890

888

4,539

1) Represents a monthly estimate. For presentation purposes it is straight lined on an average weekly basis.