FIRST AND FINAL APPLICATION FOR COMPENSATION OF GENESIS CREDIT PARTNERS LLC AS FINANCIAL ADVISOR TO THE OFFICIAL COMMITTEE OF UNSECURED CREDITORS - Applicant Requests A Hearing On This Application Be Set For September 5, 2024 At 10:00 A.M. (ET)

Sep 22, 2026

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Summary of the first and final compensation application filed by Genesis Credit Partners LLC for services as financial advisor to the Official Committee of Unsecured Creditors in the Chapter 11 bankruptcy cases involving multiple Red Lobster-related debtors and debtors-in-possession. The application seeks court authorization of final fees and costs for the compensation period from June 4, 2024 through September 5, 2024, and includes requested hearing scheduling details. It provides applicant identity, services rendered scope, retention date, requested compensation amount, and expense reimbursement figures, and references governing Bankruptcy Code and procedural rules.

LanguageEnglish

CategoryLetters

FormatPDF

Pages85

Reading Time30 min

AccessFree to download

Summary of First and Final Application for Compensation

Parties, Retention, and Compensation Period

Amount of Compensation Sought and Expense Reimbursement

Background of the Chapter 11 Cases

Case 6:24-bk-02486-GER Doc 928 Filed 08/21/24 Page 1 of 85 UNITED STATES BANKRUPTCY COURT MIDDLE DISTRICT OF FLORIDA ORLANDO DIVISION [www.flmb.uscourts.gov](www.flmb.uscourts.gov) IN RE: Chapter 11 Cases RED LOBSTER MANAGEMENT LLC, Case No. 6:24-bk-02486-GER Jointly Administered with RED LOBSTER RESTAURANTS LLC, Case No. 6:24-bk-02487-GER RLSV, INC., Case No. 6:24-bk-02488-GER RED LOBSTER CANADA, INC., Case No. 6:24-bk-02489-GER RED LOBSTER HOSPITALITY LLC, Case No. 6:24-bk-02490-GER RL KANSAS LLC, Case No. 6:24-bk-02491-GER RED LOBSTER SOURCING LLC, Case No. 6:24-bk-02492-GER RED LOBSTER SUPPLY LLC, Case No. 6:24-bk-02493-GER RL COLUMBIA LLC, Case No. 6:24-bk-02494-GER RL OF FREDERICK, INC., Case No. 6:24-bk-02495-GER RED LOBSTER OF TEXAS, INC., Case No. 6:24-bk-02496-GER RL MARYLAND, INC., Case No. 6:24-bk-02497-GER RED LOBSTER OF BEL AIR, INC., Case No. 6:24-bk-02498-GER RL SALISBURY, LLC, Case No. 6:24-bk-02499-GER RED LOBSTER INTERNATIONAL HOLDINGS LLC, Case No. 6:24-bk-02500-GER Debtors. / SUMMARY OF FIRST AND FINAL APPLICATION FOR COMPENSATION OF GENESIS CREDIT PARTNERS LLC AS FINANCIAL ADVISOR TO THE OFFICIAL COMMITTEE OF UNSECURED CREDITORS (APPLICANT REQUESTS A HEARING ON THIS APPLICATION BE SET FOR SEPTEMBER 5, 2024 AT 10:00 A.M. (ET), WHEN OTHER MATTERS IN THE ABOVE-CAPTIONED CASES ARE ALREADY SET TO BE CONSIDERED) 1. Name of Applicant: Genesis Capital Partners LLC 2. Services Provided To: Official Committee of Unsecured Creditors 3. Date of Retention: June 4, 2024 4. Period for this Application: June 4, 2024 through September 5, 20241 1 Pursuant to the order of this Court [Docket No. 736],“[t]o be considered at the [September 5, 2024] Confirmation Hearing, fee applications (with all exhibits) must (a) be timely filed and served by the deadline listed above on (i) the Debtors; (ii) all committees that have been appointed; (iii) any chapter 11 trustee or examiner that has been appointed; and (iv) the U.S. Trustee, and (b) include an estimate of additional time and costs to be incurred from the end of the application period through the date of the Confirmation Hearing.” Case 6:24-bk-02486-GER Doc 928 Filed 08/21/24 Page 2 of 85 5. Amount of Compensation Sought: $1,159,085.00 ($1,139,085.00 plus $20,000.00 estimated prior to Confirmation Hearing) 6. Amount of Expense Reimbursement: $13,240.61 ($11,740.61 plus $1,500 estimated prior to Confirmation Hearing) 7. Amount of Original Retainer: $0.00 8. Blended Hourly Rate: $597 .47 This is the Applicant’s first and final application for compensation. Case 6:24-bk-02486-GER Doc 928 Filed 08/21/24 Page 3 of 85 UNITED STATES BANKRUPTCY COURT MIDDLE DISTRICT OF FLORIDA ORLANDO DIVISION [www.flmb.uscourts.gov](www.flmb.uscourts.gov) IN RE: Chapter 11 Cases RED LOBSTER MANAGEMENT LLC, Case No. 6:24-bk-02486-GER Jointly Administered with RED LOBSTER RESTAURANTS LLC, Case No. 6:24-bk-02487-GER RLSV, INC., Case No. 6:24-bk-02488-GER RED LOBSTER CANADA, INC., Case No. 6:24-bk-02489-GER RED LOBSTER HOSPITALITY LLC, Case No. 6:24-bk-02490-GER RL KANSAS LLC, Case No. 6:24-bk-02491-GER RED LOBSTER SOURCING LLC, Case No. 6:24-bk-02492-GER RED LOBSTER SUPPLY LLC, Case No. 6:24-bk-02493-GER RL COLUMBIA LLC, Case No. 6:24-bk-02494-GER RL OF FREDERICK, INC., Case No. 6:24-bk-02495-GER RED LOBSTER OF TEXAS, INC., Case No. 6:24-bk-02496-GER RL MARYLAND, INC., Case No. 6:24-bk-02497-GER RED LOBSTER OF BEL AIR, INC., Case No. 6:24-bk-02498-GER RL SALISBURY, LLC, Case No. 6:24-bk-02499-GER RED LOBSTER INTERNATIONAL HOLDINGS LLC, Case No. 6:24-bk-02500-GER Debtors. / FIRST AND FINAL APPLICATION FOR COMPENSATION OF GENESIS CREDIT PARTNERS LLC AS FINANCIAL ADVISOR TO THE OFFICIAL COMMITTEE OF UNSECURED CREDITORS Genesis Credit Partners LLC (“GCP” or “Applicant”), as financial advisor to the Official Committee of Unsecured Creditors (the “Committee”) in the bankruptcy cases

FAQs

Who is the applicant seeking compensation in this filing?

Genesis Credit Partners LLC is the applicant seeking compensation as financial advisor to the Official Committee of Unsecured Creditors.

What period does the compensation application cover?

The application covers the period from June 4, 2024 through September 5, 2024, on a final basis.

What amounts are requested for compensation and expenses?

The application seeks total compensation of $1,159,085.00 and expense reimbursement of $13,240.61, including estimates to be finalized through the confirmation hearing date.

Sep 22, 2026

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