Markus Corp

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Case 25-03310 Doc 106 Filed 04/28/26
Entered 04/28/26 12:52:54 Desc Main Document Page 1 of 3
UNITED STATES BANKRUPTCY COURT NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION
In re:
)
Case No. 25bk03310
Markus Corp,
) ) ) Chapter 11
Debtor.
)
) Judge Timothy A. Barnes
FINDINGS OF FACT AND CONCLUSIONS OF LAW IN SUPPORT OF ORDER AWARDING TO ARTHUR CORBIN, ATTORNEYS FOR DEBTOR, FOR ALLOWANCE AND PAYMENT OF INTERIM COMPENSATION AND REIMBURSEMENT OF EXPENSES
TOTAL FEES REQUESTED: $ 11,575.00 TOTAL COSTS REQUESTED: $ 249.76
TOTAL FEES REDUCED: $ 250.00 TOTAL COSTS REDUCED: $ 0.00
TOTAL FEES ALLOWED: $ 11,325.00 TOTAL COSTS ALLOWED: $ 249.76
TOTAL FEES AND COSTS ALLOWED: $11,574.76
The attached time and expense entries have been underlined to reflect disallowance in whole or in part. The basis for each disallowance is reflected by numerical notations that appear on the left of each underlined entry. The numerical notations correspond to the enumerated paragraphs below. (1) Lumping - TOTAL of disallowed amounts (10% of affected entries): $250.00
The Court may impose a ten percent penalty on entries that appear to be "lumping." The Court will reduce each entry marked as such per the penalty. In re Wildman, 72 B.R. 700, 709 (Bankr. N.D. Ill. 1987) (Schmetterer, J.) ("Applicants may not circumvent the minimum time requirement or any of the requirements of detail by "lumping" a bunch of activities into a single entry. [citation omitted]. Each type of service should be listed with the corresponding specific time allotment.").
Dated: April 28, 2026
Judge Timothy A. Barnes United States Bankruptcy Court
AUTHENTICATED U.S. GOVERNMENT INFORMATION GPO

Case 25-03310 Doc 106 Filed 04/28/26 Entered 04/28/26 12:52:54 Desc Main Document Page 2 of 3
EXHIBIT A
Attorney Fees and Expenses of Arthur Corbin In re Markus Corp. Case No. 25-03310
DATE
DESCRIPTION
ATTORNEY TIME
AMOUNT
(a) Initial Case Review, Case Preparation, and General Matters Concerning Operation of Debtor in Possession
1/13/2025 Organization and review of creditor related documents for case (UCC filings, lease agreements, loan agreements) and assets and equipment.
AC
1.50
$375.00
1/13/2025 First draft of voluntary petition and schedules for client review.
AC
3.00
$750.00
1/17/2025
Case Preparation Interview with Marek Kusmierczyk (Debtor's principal).
AC
1.20
$300.00
3/3/2025 Revisions of voluntary petition and schedules and statement of financial affairs; ready for client review.
AC
1.20
$300.00
3/3/2025 Client meeting: Review and final revisions and signing of voluntary petition and schedules and statements.
AC
0.80
$200.00
3/4/2025 Organize voluntary petition and signature pages for filing and file Subchapter V voluntary petition with court.
AC
0.50
$125.00
3/13/2025 Prepare and submit financial documents in compliance with sec. 1116 and executed receipt and verification to United States Trustee.
AC
0.50
$125.00
3/17/2025 Prepare and submit documents to Andrew Hunt, UST (receipt and verification, COI, insurance policy and statement).
AC
0.30
$75.00
3/17/2025 Prepare client's principal for IDI.
AC
0.50
$125.00
3/17/2025
Appear at IDI. Co-counsel Frank Kokoszka present; no charge for Arthur Corbin time.
AC
0.00
$0.00
3/31/2025 Prepare client's principal for 341 meeting.
AC
0.50
$125.00
3/31/2025 Appear at the 341 meeting. Co-counsel Frank Kokoszka present; no charge for Arthur Corbin time.
AC
0.00
$0.00
4/1/2025 Prepare and submit documents to United States Trustee per request at 341 meeting.
AC
0.30
$75.00
11/7/2025 Prepare Amended Schedules E/F and send the client's principal for review and signature.
AC
0.50
$125.00
11/7/2025 Prepare Supplemental Notice of Chapter 11 Bankruptcy Case and Certificate of Service.
AC
0.30
$75.00
11/7/2025 File Amended Schedules E/F and Declaration, and Supplemental Notice of Chapter 11 Case and Cert. of Service with court
AC
0.10
$25.00
3/20/2026 Meeting with client's principal to review of confirmed plan disbursement amounts and schedule.
AC
0.80
$200.00
TOTAL:
12.00
$3,000.00
(b) Motions Filed in the Case Including Cash Collateral Hearings
3/4/2025 Prepare and file notice of motion and motion to use cash collateral and austerity budget and proposed order through March 31, 2025.
AC
1.50
$375.00
3/4/2025 File amended service list (service list filed with motion was cut off in assembly for filing).
AC
0.00
$0.00
3/6/2025 Prepare and file supplemental notice of motion to use cash collateral to Subchapter V Trustee (post-appointment).
AC
0.20
$50.00
3/11/2025 Court appearance before Judge Barnes; present motion for interim use of cash collateral. Co-counsel Frank Kokoszka present; no charge for Arthur Corbin time.
AC
0.00
$0.00
3/11/2025 Prepared and filed revised proposed order and austerity budget in support of interim use of cash collateral.
AC
0.00
$0.00
3/12/2025 Court appearance before Judge Barnes; present motion for interim use of cash collateral. Co-counsel Frank Kokoszka present; no charge for Arthur Corbin time.
AC
0.00
$0.00
3/19/2025 Prepare and file notice of motion and motion to maintain existing bank account.
AC
0.80
$200.00
3/26/2025 Prepare and file proposed second interim order for use of cash collateral, blacklined version, and review and file proposed budget and circulate to parties.
AC
0.70
$175.00
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Case 25-03310 Doc 106 Filed 04/28/26 Document Page 3 of 3
Entered 04/28/26 12:52:54 Desc Main
Attorney Fees and Expenses of Arthur Corbin In re Markus Corp. Case No. 25-03310
DATE DESCRIPTION
ATTORNEY TIME
AMOUNT
(c) Review and Filing Monthly Operating Reports
4/28/2025 Phone meeting with client's CPA Ray Wachnik to explain monthly reporting requirements.
AC
0.70
$175.00
4/29/2025 Phone meeting with client's CPA Ray Wachnik to review first draft of initial monthly operating report and discuss revisions.
AC
0.70
$175.00
5/9/2025 Review of final draft of March monthly operating report.
AC
0.50
$125.00
5/13/2025 Review March report with client's principal, assemble MOR for filing and file with court.
AC
0.50
$125.00
5/22/2025
Review April MOR and request CPA to make revisions.
AC
0.30
$75.00
5/22/2025 Review April MOR, prepare for filing, and file with court.
AC
0.20
$50.00
6/24/2025 Review May MOR, prepare for filing, and file with court.
AC
0.30
$75.00
7/23/2025 Review June MOR, prepare for filing, and file with the court.
AC
0.30
$75.00
8/26/2025 Review July MOR, prepare for filing, and file with the court.
AC
0.30
$75.00
10/6/2025 Review August MOR, prepare for filing, and file with court.
AC
0.30
$75.00
10/23/2025
Review September MOR, prepare for filing, and file with court.
AC
0.30
$75.00
11/24/2025 Review October MOR, prepare for filing, and file with court.
AC
0.30
$75.00
12/29/2025 Review November MOR received from client's CPA.
AC
0.20
$50.00
12/29/2025 Telephone conversations regarding Nov. MOR with client's principal and CPA and requests for supporting expense documentation.
AC
0.40
$100.00
12/29/2025
Reviewed supporting Nov. MOR documentation; organized and assembled pdf document; filed with court.
TOTAL:
6.00
$1,500.00
(d) Preparation of Plan, Confirmation Issues, and Post-Confirmation Matters
2/28/2025 Initial budget and plan projections based on information from CPA.
AC
1.80
$450.00
5/29/2025 Prepare projections of income and expenses and disbursement schedule for Subchapter V Plan of Reorganization.
AC
1.20
$300.00
5/29/2025 Prepare first draft of Subchapter V Plan of Reorganization.
AC
2.30
$575.00
5/29/2025 Review subchapter V plan projections and disbursement schedule with client's principal.
AC
0.10
$25.00
5/30/2025 Review subchapter V plan projections and disbursement schedule with client's CPA.
AC
0.20
$50.00
5/30/2025 Final review of Subchapter V Plan of Reorganization; and assembly of Subchapter V Plan and exhibits.
AC
0.40
$100.00
5/30/2025 File Subchapter V Plan with court.
AC
0.10
$25.00
8/18/2025|Phone meeting w/ Subchapter V Trustee regarding plan amendments. Co-counsel Frank Kokoszka present; no charge for Arthur Corbin time.
AC
0.00
$0.00
10/24/2025 Phone meeting with client's principal and CPA regarding feasibility of plan.
AC
0.70
$175.00
10/25/2025 Review income and expense projections from CPA and prepare feasibility projections for Subchapter V Trustee.
AC
1.00
$250.00
10/27/2025 Draft email to Subchapter V Trustee to address feasibility concerns.
AC
0.30
$75.00
10/28/2025 Prepare Proposed Order Fixing Dates In Connection With Confirmation of Debtor's Subchapter V Plan of Reorganization.
AC
0.30
$75.00
10/29/2025 File Amended Subchapter V Plan of Reorganization and Exhibits; and file Proposed Order Fixing Dates In Connection With Confirmation of Debtor's Subchapter V Plan of Reorganization.
AC
0.20
$50.00
11/7/2025 Prepare Ballot Package including Certificate of Service, Creditor Information Sheet, Notice of Hearing on Confirmation, and Ballot.
AC
1.00
$250.00
11/7/2025 Assemble and file Ballot Package and Certificate of Service with court.
AC
0.20
$50.00
12/29/2025 Prepared and filed Ballot Report with court.
AC
0.70
$175.00
AC
0.70
$175.00
10/28/2025 Review filed proofs of claims and prepare amended Subchapter V Plan of Reorganization.
AC
1.50
$375.00
Page 3 of 4