UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF NEW YORK ------------------------------------------------------------In re: INNKEEPERS USA TRUST, et al., Debtors.

-------------------------------------------------------------

X : : Chapter 11 : : Case No. 10-13800 (SCC) : : (Jointly Administered) : X

NOTICE OF FEE STATEMENT OF JEFFERIES & COMPANY, INC. FOR THE PERIOD FROM FEBRUARY 1, 2011 THROUGH FEBRUARY 28, 2011

Name of applicant: Authorized to provide professional services to: Date of retention: Period for which compensation and reimbursement is sought: Amount of compensation sought as actual, reasonable, necessary:

Jefferies & Company, Inc. (Jefferies) The Official Committee of Unsecured Creditors October 1, 2010 (nunc pro tunc to July 30, 2010) February 1, 2011 through February 28, 2011

$125,000.00

Amount of expense reimbursement sought as actual, reasonable, necessary: $6,167.191 This is a(n): Monthly Application

This is Jefferies & Company, Inc.s (Jefferies) sixth monthly application for compensation and reimbursement of expenses (the Application) as financial advisor to the

Jefferies respectfully credits $2,722.57 in expenses that were reduced during the First Interim Period per the request of the United States Trustee.

Official Committee of Unsecured Creditors (the Committee), for the period from February 1, 2011 through and including February 28, 2011. This Application is filed pursuant to the Order Authorizing the Establishment of Procedures for Interim Compensation and Reimbursement of Expenses for Professionals and Official Committee Members, dated August 12, 2010 (the Interim Compensation Order). By this Application, which covers the period from February 1, 2011 through and including February 28, 2011, Jefferies requests compensation for fees of $125,000.00, subject to the 20% holdback required by the Interim Compensation Order, and reimbursement of expenses totaling $6,167.19. Notice of this Application will be provided to: (i) the Debtors; (ii) Counsel to the Debtors; (iii) Counsel to the Official Committee of Unsecured Creditors; (iv) Counsel to Midland Loan Services, Inc.; (v) Counsel to Certain Prepetition Lenders (each as defined in the Interim Compensation Order); and (vi) the Office of the United States Trustee for the purpose of reviewing fees and expenses.

Dated:

May 13,2011 Jefferies & o

j jr.
j

Leon Szle n Managing Di ctor Jefferies & Company, Inc. 520 Madison Avenue, ih Floor New York, NY 10022 Tel: (212) 323-3918

In re Innkeepers USA Trust 10-13800 (SCC) Service List Innkeepers USA Trust 340 Poinciana Way, Suite 306 Palm Beach, Florida 33480 Attn: Mark Murphy Kirkland & Ellis LLP Counsel to the Debtors 601 Lexington Avenue New York, NY 10022 Attn: Jennifer Marines, Esq. Kirkland & Ellis LLP Counsel to the Debtors 300 North LaSalle Street Chicago, IL 60654 Attn: Marc J. Carmel, Esq. Morrison & Foerster LLP Counsel to the Official Committee of Unsecured Creditors 1290 Avenue of the Americas New York, NY 10104 Attn: Jordan Wishnew, Esq. Haynes & Boone, LLP Counsel to Midland Loan Service, Inc. 1221 Avenue of the Americas New York, NY 10020 Attn: Lenard M. Parkins, Esq. and John D. Penn, Esq. Bryan Cave LLP Counsel to Certain Prepetition Lenders 1290 Avenue of the Americas New York, NY 10104 Attn: Lawrence P. Gottesman, Esq. Duane Morris LLP One Market Plaza, Spear Tower, Suite 2200 San Francisco, CA 94105 Attn: Phillip K. Wang, Esq. The Office of the U.S. Trustee 33 Whitehall St., Suite 2100, New York, New York 10044 Attn: Paul Schwartzberg, Esq.

EXHIBIT A

INVOICE

Jefferies & Company, Inc. 520 Madison Avenue 12th Floor New York, NY 10022

Invoice Number: IB7375 Invoice Date: 5/13/2011 Reference #: INN04100IB Terms: Immediate Official Committee of Unsecured Creditors of Innkeepers USA Trust, et al. c/o Morrison & Foerster, LLP 1290 Avenue of the Americas New York, NY 10104-0050 Attention: Keith Venezie Co-Chairman

For services rendered in accordance with our engagement letter dated September 8, 2010

Monthly Fee: February 1, 2011 - February 28, 2011 (Less 20% Holdback) Total Fee:

$125,000.00 ($25,000.00) $100,000.00

Expenses: Accommodations Meals Presentation Services Printing Services Research Transportation - Air Transportation - Ground Crediting (1) Total Out-of-Pocket Expenses: $955.25 $1,290.82 $1,066.00 $268.20 $990.00 $3,119.19 $1,200.30 ($2,722.57) $6,167.19

TOTAL DUE
Payment Details Wire Instructions Bank of New York ABA #021000018 A/C: Jefferies & Company, Inc. A/C: #890-065-2772 Reference: INN04100IB_IB7375 Innkeepers Check Payment Instructions Jefferies & Company, Inc. 11100 Santa Monica Blvd. 12th Floor Los Angeles, CA 90025

$106,167.19

(1) Jefferies respectfully credits $2,722.57 in expenses that were reduced during the First Interim Period per the request of the United States Trustee.

EXHIBIT B

Jefferies & Company, Inc.

Summary of Hours Worked
February 1, 2011 - February 28, 2011

Name Leon Szlezinger Frank Merola

Position Managing Director, Recapitalization and Restructuring Group Managing Director, Recapitalization and Restructuring Group

Hours Worked 42.0 22.5 50.5 116.5 143.0 Total 374.5

Alexander Rohan Senior Vice President, Recapitalization and Restructuring Group John D'Amico Patrick Morrow Associate, Recapitalization and Restructuring Group Analyst, Recapitalization and Restructuring Group

Other Jefferies professionals who participated but do not keep hours: Justin Despirito Legal Counsel

EXHIBIT C

Jefferies & Company, Inc.

Breakdown of Expenses February 1, 2011 February 28, 2011 Exhibit C

EXPENSES: Accommodations Meals Presentation Services Printing Services Research Transportation Air Transportation Ground Credit2 TOTAL $955.25 $1,290.82 $1,066.00 $268.20 $990.00 $3,119.19 $1,200.30 ($2,722.57)_ $6,167.19

Jefferies respectfully credits $2,722.57 in expenses that were reduced during the First Interim Period per the request of the United States Trustee.

BANKER JOHN D'AMICO JOHN D'AMICO JOHN D'AMICO JOHN D'AMICO JOHN D'AMICO JOHN D'AMICO JOHN D'AMICO JOHN D'AMICO JOHN D'AMICO JOHN D'AMICO JOHN D'AMICO JOHN D'AMICO JOHN D'AMICO JOHN D'AMICO PATRICK T. MORROW PATRICK T. MORROW JOHN D'AMICO JOHN D'AMICO PATRICK T. MORROW JOHN D'AMICO JOHN D'AMICO PATRICK T. MORROW JOHN D'AMICO JOHN D'AMICO JOHN D'AMICO PATRICK T. MORROW PATRICK T. MORROW SUNIL SURI JOHN D'AMICO PATRICK T. MORROW JOHN D'AMICO PATRICK T. MORROW PATRICK T. MORROW JOHN D'AMICO PATRICK T. MORROW JOHN D'AMICO PATRICK T. MORROW PATRICK T. MORROW PATRICK T. MORROW PATRICK T. MORROW PATRICK T. MORROW PATRICK T. MORROW ALEXANDER V ROHAN JOHN D'AMICO PATRICK T. MORROW PATRICK T. MORROW JOHN D'AMICO PATRICK T. MORROW JOHN D'AMICO JOHN D'AMICO JOHN D'AMICO JOHN D'AMICO PATRICK T. MORROW

CATEGORY Transportation - Ground Transportation - Ground Transportation - Ground Transportation - Ground Transportation - Ground Transportation - Ground Transportation - Ground Transportation - Ground Transportation - Ground Transportation - Ground Transportation - Ground Transportation - Ground Transportation - Ground Transportation - Ground Meals Meals Transportation - Ground Transportation - Ground Meals Transportation - Ground Transportation - Ground Meals Meals Transportation - Ground Meals Meals Meals Meals Meals Meals Transportation - Ground Meals Meals Transportation - Ground Meals Transportation - Ground Meals Meals Meals Meals Meals Meals Meals Meals Meals Meals Transportation - Ground Meals Meals Transportation - Ground Meals Transportation - Ground Meals

DESCRIPTION OT Taxi- Office to Home OT Taxi- Office to Home (AM) Taxi to Meeting Taxi to Office OT Taxi- Office to Home OT Taxi- Office to Home OT Taxi- Office to Home Weekend Taxi- Office to Home Weekend Taxi- Office to Home OT Taxi- Office to Home OT Taxi- Office to Home (AM) OT Taxi- Office to Home OT Taxi- Office to Home OT Taxi- Office to Home (AM) Overtime Meal Overtime Meal OT Taxi- Office to Home OT Taxi- Office to Home (AM) Overtime Meal OT Taxi- Office to Home OT Taxi- Office to Home (AM) Overtime Meal Overtime Meal OT Taxi- Office to Home Overtime Meal Overtime Meal Overtime Meal Overtime Meal Overtime Meal Overtime Meal OT Taxi- Office to Home Overtime Meal Overtime Meal OT Taxi- Office to Home Overtime Meal OT Taxi- Office to Home Overtime Meal Overtime Meal Overtime Meal Overtime Meal Overtime Meal Overtime Meal Overtime Meal Overtime Meal Overtime Meal Overtime Meal OT Taxi- Office to Home Overtime Meal Overtime Meal OT Taxi- Office to Home Overtime Meal OT Taxi- Office to Home Overtime Meal

DATE 12/1/2010 12/1/2010 12/1/2010 12/1/2010 12/2/2010 12/7/2010 12/8/2010 12/10/2010 12/11/2010 12/13/2010 12/13/2010 12/14/2010 1/3/2011 1/3/2011 1/3/2011 1/3/2011 1/4/2011 1/4/2011 1/4/2011 1/5/2011 1/5/2011 1/5/2011 1/5/2011 1/6/2011 1/6/2011 1/6/2011 1/6/2011 1/6/2011 1/7/2011 1/7/2011 1/8/2011 1/8/2011 1/9/2011 1/10/2011 1/10/2011 1/11/2011 1/11/2011 1/11/2011 1/12/2011 1/12/2011 1/13/2011 1/13/2011 1/14/2011 1/14/2011 1/14/2011 1/14/2011 1/18/2011 1/18/2011 1/18/2011 1/19/2011 1/19/2011 1/20/2011 1/20/2011

AMOUNT $9.90 $12.50 $10.70 $16.40 $16.00 $10.70 $11.20 $12.00 $9.90 $16.40 $13.90 $12.00 $12.40 $11.10 $18.13 $7.27 $10.30 $8.80 $20.00 $10.70 $8.70 $5.54 $20.00 $10.70 $20.00 $8.20 $17.20 $20.00 $20.00 $20.00 $11.20 $17.09 $17.31 $11.60 $20.00 $10.70 $12.64 $12.24 $12.13 $12.64 $12.13 $13.33 $20.00 $20.00 $20.00 $0.06 $11.10 $20.00 $20.00 $10.70 $20.00 $10.70 $20.00

BANKER JOHN D'AMICO ALEXANDER V ROHAN PATRICK T. MORROW JOHN D'AMICO JOHN D'AMICO JOHN D'AMICO JOHN D'AMICO PATRICK T. MORROW PATRICK T. MORROW PATRICK T. MORROW JOHN D'AMICO PATRICK T. MORROW PATRICK T. MORROW JOHN D'AMICO JOHN D'AMICO JOHN D'AMICO PATRICK T. MORROW PATRICK T. MORROW JOHN D'AMICO PATRICK T. MORROW PATRICK T. MORROW JOHN D'AMICO JOHN D'AMICO JOHN D'AMICO PATRICK T. MORROW JOHN D'AMICO JOHN D'AMICO PATRICK T. MORROW PATRICK T. MORROW PATRICK T. MORROW JOHN D'AMICO ALEXANDER V ROHAN JOHN D'AMICO JOHN D'AMICO JOHN D'AMICO PATRICK T. MORROW PATRICK T. MORROW PATRICK T. MORROW JOHN D'AMICO JOHN D'AMICO PATRICK T. MORROW JOHN D'AMICO PATRICK T. MORROW RAYMOND NG JOHN D'AMICO PATRICK T. MORROW PATRICK T. MORROW TOM HASSELWANDER PATRICK T. MORROW NGOZI OKEREKE NIAMBI WILLIAMS PATRICK T. MORROW PATRICK T. MORROW Meals Meals Meals

CATEGORY Overtime Meal Overtime Meal Overtime Meal

DESCRIPTION

DATE 1/20/2011 1/21/2011 1/21/2011 1/22/2011 1/22/2011 1/22/2011 1/22/2011 1/22/2011 1/22/2011 1/22/2011 1/22/2011 1/22/2011 1/22/2011 1/22/2011 1/23/2011 1/23/2011 1/23/2011 1/23/2011 1/23/2011 1/23/2011 1/23/2011 1/24/2011 1/24/2011 1/25/2011 1/25/2011 1/26/2011 1/26/2011 1/26/2011 1/26/2011 1/27/2011 1/27/2011 1/28/2011 1/28/2011 1/30/2011 1/30/2011 1/30/2011 1/31/2011 1/31/2011 1/31/2011 2/1/2011 2/1/2011 2/2/2011 2/2/2011 2/3/2011 2/4/2011 2/5/2011 2/5/2011 2/5/2011 2/5/2011 2/7/2011 2/7/2011 2/7/2011 2/7/2011

AMOUNT $20.00 $20.00 $20.00 $11.90 $10.60 $10.60 $11.10 $14.40 $11.40 $11.90 $18.09 $15.76 $20.00 $20.00 $10.70 $12.80 $11.40 $11.00 $17.80 $18.01 $20.00 $10.70 $20.00 $15.00 $13.20 $15.00 $10.30 $11.90 $20.00 $20.00 $20.00 $20.00 $20.00 $10.60 $11.00 $11.40 $18.76 $6.63 $20.00 $11.90 $20.00 $20.00 $20.00 $68.00 $20.00 $11.80 $13.00 $88.00 $18.11 $56.00 $16.00 $12.25 $12.82

Transportation - Ground Transportation - Ground Transportation - Ground Transportation - Ground Transportation - Ground Transportation - Ground Transportation - Ground Meals Meals Meals Meals Transportation - Ground Transportation - Ground Transportation - Ground Transportation - Ground Meals Meals Meals Transportation - Ground Meals Transportation - Ground Transportation - Ground Transportation - Ground Transportation - Ground Transportation - Ground Meals Meals Meals Meals Meals Transportation - Ground Transportation - Ground Transportation - Ground Meals Meals Meals Transportation - Ground Meals Meals Meals Presentation Services Meals Transportation - Ground Transportation - Ground Presentation Services Meals Presentation Services Presentation Services Meals Meals

Weekend Return Taxi- Office to Home Weekend Return Taxi- Home to Office Weekend Taxi- Office to Home Weekend Taxi- Home to Office Weekend Taxi- Return to Office Weekend Taxi- Office to Home Weekend Taxi- Home to Office Overtime Meal Overtime Meal Overtime Meal Overtime Meal Weekend Taxi- Office to Home Weekend Taxi- Home to Office Weekend Taxi- Office to Home Weekend Taxi- Home to Office Overtime Meal Overtime Meal Overtime Meal OT Taxi- Office to Home Overtime Meal OT Taxi- Office to Home OT Taxi- Office to Home OT Taxi- Office to Home OT Taxi- Office to Home (AM) OT Taxi- Office to Home Overtime Meal Overtime Meal Overtime Meal Overtime Meal Overtime Meal Weekend Taxi- Office to Home Weekend Taxi- Home to Office Weekend Taxi- Office to Home Overtime Meal Overtime Meal Overtime Meal OT Taxi- Office to Home Overtime Meal Overtime Meal Overtime Meal Create/edit presentation Overtime Meal Weekend Taxi- Office to Home Weekend Taxi- Home to Office Create/edit presentation Overtime Meal Create/edit presentation Create/edit presentation Overtime Meal Overtime Meal

BANKER JOHN D'AMICO PATRICK T. MORROW PATRICK T. MORROW ROLAND SIN SCOTT MCNEELY JOHN D'AMICO PATRICK T. MORROW FRANK A. MEROLA PATRICK T. MORROW PATRICK T. MORROW PATRICK T. MORROW NGOZI OKEREKE NIAMBI WILLIAMS PATRICK T. MORROW JOHN D'AMICO PATRICK T. MORROW FRANK A. MEROLA PATRICK T. MORROW PATRICK T. MORROW PATRICK T. MORROW PATRICK T. MORROW JOHN D'AMICO PATRICK T. MORROW PATRICK T. MORROW ALEXANDER V ROHAN PATRICK T. MORROW EUGENE CORLEY PATRICK T. MORROW PATRICK T. MORROW PATRICK T. MORROW PATRICK T. MORROW PATRICK T. MORROW PATRICK T. MORROW PATRICK T. MORROW PATRICK T. MORROW LAMAR MYERS NGOZI OKEREKE FRANK A. MEROLA FRANK A. MEROLA FRANK A. MEROLA FRANK A. MEROLA FRANK A. MEROLA FRANK A. MEROLA FRANK A. MEROLA FRANK A. MEROLA FRANK A. MEROLA ALEXANDER V ROHAN ALEXANDER V ROHAN DAVID BRACKUS FRANK A. MEROLA FRANK A. MEROLA FRANK A. MEROLA FRANK A. MEROLA Meals

CATEGORY Overtime Meal Transportation - Ground Transportation - Ground Presentation Services Presentation Services Meals Transportation - Ground Transportation - Air Transportation - Ground Transportation - Ground Meals Transportation - Ground Transportation - Ground Transportation - Ground Meals Meals Transportation - Air Transportation - Ground Transportation - Ground Transportation - Ground Meals Meals Transportation - Ground Transportation - Ground Meals Meals Presentation Services Transportation - Ground Transportation - Ground Transportation - Ground Meals Meals Transportation - Ground Transportation - Ground Meals Presentation Services Presentation Services Accommodations Accommodations Accommodations Transportation - Air Transportation - Air Transportation - Ground Accommodations Accommodations Accommodations Meals Transportation - Ground Research Accommodations Accommodations Accommodations Meals

DESCRIPTION OT Taxi- Office to Home OT Taxi- Office to Home (AM) Create/edit presentation Create/edit presentation Overtime Meal OT Taxi - Office to Home 50% Coach class flight - LAX to Miami to LGA OT Taxi - Office to Home OT Taxi- Office to Home Overtime Meal Expense Distribution Expense Distribution OT Taxi - Office to Home Overtime Meal Overtime Meal 50% Coach class flight - Miami to DFW to LGA Subway from Deposition to Office OT Taxi- Office to Home Subway to Deposition Overtime Meal Overtime Meal Subway to Deposition Subway from Deposition to Office Overtime Meal Overtime Meal Create/edit presentation Weekend Taxi- Return to Office Weekend Taxi- Office to Home Weekend Taxi- Home to Office Overtime Meal Overtime Meal Weekend Taxi- Office to Home Weekend Taxi- Home to Office Overtime Meal Create/edit presentation Create/edit presentation Hotel Tip Hotel Room Hotel Tax Unused Ticket Refund 50% Roundtrip coach class flight - LAX to JFK Taxi - Hotel to Airport Hotel Tax Hotel Tip Hotel Room Team Dinner - 4 attendees OT Car Service- Office to Home Research Report Charge Hotel Room Hotel Tax Hotel Tip Meal While Traveling

DATE 2/7/2011 2/8/2011 2/8/2011 2/8/2011 2/8/2011 2/9/2011 2/10/2011 2/11/2011 2/11/2011 2/14/2011 2/14/2011 2/15/2011 2/15/2011 2/15/2011 2/16/2011 2/16/2011 2/17/2011 2/17/2011 2/17/2011 2/17/2011 2/17/2011 2/17/2011 2/18/2011 2/18/2011 2/18/2011 2/18/2011 2/19/2011 2/19/2011 2/19/2011 2/19/2011 2/19/2011 2/19/2011 2/20/2011 2/20/2011 2/20/2011 2/21/2011 2/21/2011 2/22/2011 2/22/2011 2/22/2011 2/22/2011 2/22/2011 2/22/2011 2/23/2011 2/23/2011 2/23/2011 2/24/2011 2/24/2011 2/24/2011 2/24/2011 2/24/2011 2/24/2011 2/24/2011

AMOUNT $20.00 $11.20 $11.00 $26.00 $284.00 $20.00 $13.90 $832.69 $8.90 $14.30 $20.00 $60.75 $60.43 $11.90 $20.00 $20.00 $1,072.90 $2.25 $11.90 $2.25 $20.00 $20.00 $2.25 $2.25 $4.67 $20.00 $30.00 $11.70 $12.00 $17.90 $15.97 $20.00 $11.80 $11.50 $17.65 $70.00 $122.00 $2.50 $162.50 $25.72 ($709.05) $1,059.80 $18.83 $25.72 $2.50 $162.50 $80.00 $110.42 $495.00 $162.50 $25.72 $2.50 $20.00

BANKER PATRICK T. MORROW ROLAND SIN PATRICK T. MORROW PATRICK T. MORROW PATRICK T. MORROW PATRICK T. MORROW FRANK A. MEROLA NIAMBI WILLIAMS PATRICK T. MORROW PATRICK T. MORROW DAVID BRACKUS FRANK A. MEROLA FRANK A. MEROLA FRANK A. MEROLA FRANK A. MEROLA NIAMBI WILLIAMS RAYMOND NG CHRISTINA HAYES FRANK A. MEROLA FRANK A. MEROLA FRANK A. MEROLA FRANK A. MEROLA RAYMOND NG FRANK A. MEROLA FRANK A. MEROLA FRANK A. MEROLA FRANK A. MEROLA PATRICK T. MORROW PATRICK T. MORROW FRANK A. MEROLA FRANK A. MEROLA FRANK A. MEROLA PATRICK T. MORROW PATRICK T. MORROW RUBEN ECHEVARRIA ALEXANDER V ROHAN PATRICK T. MORROW PATRICK T. MORROW NIAMBI WILLIAMS PATRICK T. MORROW LAMAR MYERS NGOZI OKEREKE Total

CATEGORY Transportation - Ground Printing Services Transportation - Ground Transportation - Ground Transportation - Ground Transportation - Ground Transportation - Air Presentation Services Transportation - Ground Transportation - Ground Research Accommodations Accommodations Accommodations Meals Presentation Services Presentation Services Presentation Services Accommodations Accommodations Accommodations Transportation - Ground Presentation Services Accommodations Accommodations Accommodations Meals Transportation - Ground Transportation - Ground Accommodations Meals Transportation - Ground Transportation - Ground Transportation - Ground Printing Services Transportation - Ground Transportation - Ground Transportation - Ground Presentation Services Transportation - Ground Presentation Services Presentation Services

DESCRIPTION OT Taxi- Office to Home Print client documents OT Taxi- Office to Home OT Taxi- Office to Home (AM) Weekend Taxi- Office to Home Weekend Taxi- Home to Office 50% One-way business class flight to JFK to LAX Create/edit presentation Weekend Taxi- Office to Home Weekend Taxi- Home to Office Research Report Charge Hotel Tip Hotel Room Hotel Tax Meal While Traveling Create/edit presentation Create/edit presentation Create/edit presentation Hotel Tax Hotel Tip Hotel Room Taxi- Airport to Hotel Create/edit presentation Hotel Room Hotel Tax Hotel Tip Meal While Traveling OT Taxi- Office to Home OT Taxi- Office to Home (AM) Hotel Tip Meal While Traveling Airport Parking OT Taxi- Office to Home OT Taxi- Office to Home Print client documents Taxi- Office to Hearing OT Taxi- Office to Home OT Taxi- Office to Home Create/edit presentation OT Taxi- Office to Home Create/edit presentation Create/edit presentation

DATE 2/24/2011 2/24/2011 2/25/2011 2/25/2011 2/26/2011 2/26/2011 2/27/2011 2/27/2011 2/27/2011 2/27/2011 3/1/2011 3/1/2011 3/1/2011 3/1/2011 3/1/2011 3/1/2011 3/1/2011 3/2/2011 3/2/2011 3/2/2011 3/2/2011 3/2/2011 3/2/2011 3/3/2011 3/3/2011 3/3/2011 3/3/2011 3/3/2011 3/3/2011 3/4/2011 3/4/2011 3/4/2011 3/5/2011 3/6/2011 3/7/2011 3/10/2011 3/14/2011 3/17/2011 3/21/2011 3/21/2011 3/22/2011 3/22/2011

AMOUNT $8.90 $124.20 $15.50 $13.50 $10.60 $10.60 $862.85 $4.00 $11.10 $12.70 $495.00 $1.67 $108.33 $17.14 $19.30 $26.00 $4.00 $48.00 $17.14 $1.67 $108.33 $29.45 $2.00 $108.33 $17.14 $1.67 $20.00 $11.50 $11.00 $1.67 $9.09 $35.67 $11.60 $7.50 $144.00 $9.25 $11.10 $7.40 $102.00 $11.60 $36.00 $84.00 $8,889.76

EXHIBIT D

Jefferies & Company, Inc.

February 1, 2011 - February 28, 2011
November 1, 2009 - November 31, 2009 Banker Leon Szlezinger Date Hours Description

Leon Szlezinger Leon Szlezinger Leon Szlezinger Leon Szlezinger Leon Szlezinger Leon Szlezinger Leon Szlezinger Leon Szlezinger

2/1/2011 2/2/2011 2/4/2011 2/7/2011 2/9/2011 2/10/2011 2/11/2011 2/14/2011

1.50 2.00 1.00 1.50 2.00 2.00 2.50 2.50

Review weekly presentation; internal discussions re: same; internal discussions re: discovery Committee call; internal discussions re: document review Review production; internal discussions re: same Internal discussions re: buyers list; review filings Internal discussions re: transaction; review transaction analysis Review claims analysis and related discussions Call w/ Moelis; internal discussions re: same; review filings Review declaration and related discussions re: deposition; review filings; comments to transaction analysis Review key dates; internal discussions re: same; review claims Review filings and deposition transcript; internal discussions re: same Review bidding procedures and related discussions Review deposition transcript and discussions w/ counsel re: same Review claims analysis; review declaration and misc filings Review weekly presentation; Committee call; forecast call w/ Moelis; review/internal discussions re: transaction analysis Meeting w/ MoFo re: transaction; review/comments to presentation; internal discussions re: same Internal discussions and comments to transaction presentation Comments to transaction analysis

Leon Szlezinger Leon Szlezinger Leon Szlezinger Leon Szlezinger Leon Szlezinger Leon Szlezinger

2/16/2011 2/17/2011 2/18/2011 2/21/2011 2/22/2011 2/23/2011

2.50 2.00 1.50 2.00 3.00 4.50

Leon Szlezinger Leon Szlezinger Leon Szlezinger

2/24/2011 2/25/2011 2/28/2011

6.00 4.50 1.00

42.00

February 1, 2011 - February 28, 2011 Summary Hours for Leon Szlezinger Frank Merola

Frank Merola Frank Merola

2/1/2011 2/2/2011

0.50 2.50

Internal discussions re: discovery Committee call; discussions re: document production; preparation of documents; discussions re: bidding procedures

Frank Merola Frank Merola Frank Merola Frank Merola Frank Merola Frank Merola Frank Merola Frank Merola Frank Merola Frank Merola Frank Merola

2/4/2011 2/7/2011 2/11/2011 2/16/2011 2/17/2011 2/18/2011 2/21/2011 2/22/2011 2/23/2011 2/24/2011 2/25/2011

1.00 1.00 2.00 1.50 1.00 0.50 1.50 1.00 3.50 5.00 1.50
22.50

Internal discussions re: claims; review filings Internal discussions re: buyers list Internal discussions re: forecast; review filings; call w/ Moelis Review key dates; internal discussions re: same; review filings Review declaration and internal discussions re: same Internal discussions re: bid procedures Review deposition transcript and misc filings Review declaration and related filings Committee call; forecast call w/ Moelis; review transaction presentation and comments to same Meeting w/ MoFo re: transaction; internal discussions re: presentation Internal discussions re: transaction; review filings

February 1, 2011 - February 28, 2011 Summary Hours for Frank Merola Alexander Rohan

Alexander Rohan Alexander Rohan Alexander Rohan Alexander Rohan Alexander Rohan Alexander Rohan Alexander Rohan Alexander Rohan Alexander Rohan Alexander Rohan Alexander Rohan Alexander Rohan Alexander Rohan Alexander Rohan Alexander Rohan Alexander Rohan Alexander Rohan Alexander Rohan

2/1/2011 2/2/2011 2/3/2011 2/4/2011 2/7/2011 2/9/2011 2/10/2011 2/11/2011 2/14/2011 2/16/2011 2/17/2011 2/18/2011 2/21/2011 2/22/2011 2/23/2011 2/24/2011 2/25/2011 2/28/2011

2.00 3.00 0.50 2.50 1.00 2.50 3.00 2.50 3.50 2.50 2.00 1.50 2.00 3.00 4.50 7.00 4.50 3.00
50.50

Review weekly presentation; internal discussions re: same; internal discussions re: discovery UCC call; internal discussions re: document review; discussions w/ counsel re: same Review filings Review claims and discuss w/ counsel; review production; internal discussions re: same Internal discussions re: buyers list; review filings Internal discussions re: transaction; comments to analysis Review claims and related discussions Update call w/ Moelis; internal discussions re: same; review filings Review Derrough declaration and related discussions re: deposition; review filings; comments to transaction analysis Review key dates; internal discussions re: same; review claims Review filings and Derrough deposition transcript; internal discussions re: same Review bidding procedures and related discussions Review Derrough deposition transcript and discussions w/ counsel re: same Review and comments to claims analysis; review Bojmel declaration Review weekly presentation; Committee call; forecast call w/ Moelis; review/internal discussions re: transaction analysis Meeting w/ MoFo re: transaction; review/comments to presentation; internal discussions re: same Internal discussions and comments to transaction presentation Review filings; internal discussions re: same; comments to transaction analysis

February 1, 2011 - February 28, 2011 Summary Hours for Alexander Rohan

Jefferies & Company, Inc.

February 1, 2011 - February 28, 2011
November 1, 2009 - November 31, 2009 Banker John D'Amico Date Hours Description

John D'Amico John D'Amico John D'Amico John D'Amico John D'Amico John D'Amico John D'Amico John D'Amico John D'Amico John D'Amico John D'Amico John D'Amico John D'Amico John D'Amico John D'Amico John D'Amico John D'Amico John D'Amico John D'Amico John D'Amico John D'Amico John D'Amico John D'Amico John D'Amico John D'Amico John D'Amico

2/1/2011 2/2/2011 2/3/2011 2/4/2011 2/5/2011 2/7/2011 2/8/2011 2/9/2011 2/10/2011 2/11/2011 2/13/2011 2/14/2011 2/15/2011 2/16/2011 2/17/2011 2/18/2011 2/19/2011 2/20/2011 2/21/2011 2/22/2011 2/23/2011 2/24/2011 2/25/2011 2/26/2011 2/27/2011 2/28/2011

5.00 6.00 2.50 2.00 4.00 3.00 0.50 2.00 1.00 2.50 1.50 9.50 0.50 5.50 2.00 2.00 8.00 9.50 12.50 6.50 8.50 8.50 3.00 5.00 3.00 2.50
116.50

Comments to weekly presentation and related analysis; discussions and review of documents re: discovery request Call w/ MoFo; UCC call; discussions re: bidding procedures and bridge order; review industry research; internal discussions and call w/ counsel re: discovery request Prepare documents re: discovery request; call /w in-house counsel re: same Review claims and discuss w/ counsel; review production Review/comments to transaction analysis and related discussions; review filings Internal discussions re: buyers list; discussions re: cash balance Review filings Review industry research and internal discussions re: same Internal discussions re: claims and related analysis Update call w/ Moelis; internal discussions re: same Internal discussions re: fee response; review declaration and related filings re: deposition Attend Derrough deposition; discussions re: same; discussions re: transaction analysis Review filings Review industry research/analysis; claims analysis and related discussions; review key dates and discussions re: same Review deposition transcript; internal discussions re: depositions Internal discussions re: bidding procedures; discussions re: depositions Review bidding procedures; review/update claims analysis and discussions/correspondence re: same; internal discussions re: leases; update transaction presentation and related analysis Review Company and industry research; discussions re: same; comments to transaction analysis; discussions re: same Claims/overbid analysis and related discussions; correspondence/analysis re: bid procedures; review updated Company forecast; related discussions Prepare weekly presentation and related analysis; correspondence w/ MoFo re: overbid allocation and claims issues; review Company cash balance; analysis and presentation review re: investigation; review Bojmel declaration Finalize weekly presentation; Committee call; forecast call w/ Moelis; review/comments to analysis and related discussions re: transaction Meeting w/ MoFo re: transaction; comments to analysis; internal discussions; review filings Review filings; internal discussions re: same; review/comments to transaction analysis Review/comments to transaction analysis and related discussions Review/comments to transaction analysis and related discussions Review Company and industry research and analysis; internal discussions re: same; internal discussions re: weekly presentation

February 1, 2011 - February 28, 2011 Summary Hours for John D'Amico Patrick Morrow

Patrick Morrow Patrick Morrow Patrick Morrow Patrick Morrow Patrick Morrow Patrick Morrow Patrick Morrow Patrick Morrow Patrick Morrow Patrick Morrow Patrick Morrow Patrick Morrow Patrick Morrow Patrick Morrow Patrick Morrow Patrick Morrow Patrick Morrow Patrick Morrow Patrick Morrow Patrick Morrow Patrick Morrow Patrick Morrow Patrick Morrow Patrick Morrow Patrick Morrow Patrick Morrow

2/1/2011 2/2/2011 2/3/2011 2/4/2011 2/5/2011 2/7/2011 2/8/2011 2/9/2011 2/10/2011 2/11/2011 2/13/2011 2/14/2011 2/15/2011 2/16/2011 2/17/2011 2/18/2011 2/19/2011 2/20/2011 2/21/2011 2/22/2011 2/23/2011 2/24/2011 2/25/2011 2/26/2011 2/27/2011 2/28/2011

5.50 6.00 2.50 1.50 4.00 3.00 1.00 4.00 1.00 2.50 0.50 3.00 0.50 4.50 8.50 16.50 10.00 13.00 12.50 6.50 11.00 7.00 3.00 7.00 5.50 3.00
143.00

Work on weekly presentation and related analysis; discussions and preparation of documents re: discovery request Update call w/ MoFo; Committee call; discussions re: bidding procedures and bridge order; review industry research; internal discussions and call w/ counsel re: discovery request Prepare documents re: discovery request; call /w in-house counsel re: same Review claims and discuss w/ counsel; review production; review docket and circulate filings Update transaction analysis and related discussions; review docket and circulate filings Internal discussions re: buyers list; discussions re: cash balance; review docket and circulate filings; correspondence w/ AlixPartners re: cash balance; transaction analysis Review docket and circulate filings; internal discussions re: same; discussions re: UST objection Review industry research; internal discussions re: same; update presentation Internal discussions re: claims and related analysis; discussions re: Stalking Horse Update call w/ Moelis; internal discussions re: same; review docket and circulate filings; correspondence w/ MoFo re: UST objection Internal discussions re: fee response; review docket and circulate filings Prepare transaction analysis backup and presentation; discussions re: same Review docket and circulate filings Review industry research/analysis; perform claims analysis and related discussions; review declarations and related filings re: depositions; circulate key dates to team; analysis re: claims Attend Aebersold deposition; related discussions and diligence; review Derrough deposition transcript; correspondence w/ MoFo re: fee applications Attend Eichen deposition; related discussions and diligence; analysis and internal discussions re: same; analysis and correspondence re: claims Review bidding procedures; update claims analysis and discussions/correspondence re: same; review leases; transaction presentation and related analysis Review research; discussions re: same; update transaction analysis; discussions re: same Claims/overbid analysis and related discussions; correspondence/analysis re: bid procedures; review updated Company forecast and discussions re: same; transaction analysis Prepare weekly presentation and related analysis; various correspondence; review Company cash balance; analysis and presentation review re: investigation; claims analysis Finalize weekly presentation; Committee call; forecast call w/ Moelis; update presentation and analysis re: transaction; related discussions Meeting w/ MoFo re: transaction; finalize presentation for meeting; related discussions and analysis Review docket and circulate filings; internal discussions re: same; update transaction analysis Update transaction analysis and related discussions Update transaction analysis and related discussions Review Company and industry research and analysis; initial preparation of weekly presentation and weekly analysis; internal discussions re: same

February 1, 2011 - February 28, 2011 Summary Hours for Patrick Morrow