Northwind Aerostructures Corp.

ActiveBudget locked

Case No. 26-10441 (fictional)Bankr. D. Del.Debtor lead counselActive · month 5

Budget to date

$14.5M

Locked Jun 1, 2026

Actual to date

$15.7M

5 monthly statements

Variance to date

+8.1%

Re-forecast P50

$24.2M

Locked budget $22.4M

Open flags

0 resolved

+9.3% this period. $50K of headroom before a variance explanation is required.Current interim period: Aug 1 – Oct 31, 2026

Bars by month, lines cumulative

Staffing variance

Staffing plan: 30 professionals. Billed: 39 (21 under 15 hours)

In plan30

Not in plan9

Core (15+ hours)18

Tail (under 15 hours)21

Aug 1 – Oct 31, 2026. Sorted by absolute variance; rows beyond ±25% highlighted.

Project category · UTBMS	Budget hours	Actual hours	Budget fees	Actual fees	Variance
Court hearings · HRG → B190	980.0	240.0	$1,391,208.00	$315,957.57	−77.3%under budget
Meetings and communications with creditors · B150	310.0	1,140.5	$440,076.00	$1,501,456.71	+241.2%over budget, explanation required
Litigation and contested matters · B190	300.0	476.7	$425,880.00	$627,570.72	+47.4%over budget, explanation required
Plan and disclosure statement · B320	600.0	762.7	$851,760.00	$1,004,086.83	+17.9%over budget, explanation required
Fee and employment applications · B160	185.0	286.5	$262,626.00	$377,200.94	+43.6%over budget, explanation required
Asset disposition · B130	2,400.0	2,655.0	$3,407,040.00	$3,495,280.62	+2.6%over budget, under threshold
Leases and executory contracts · B185	160.0	228.8	$227,136.00	$301,212.88	+32.6%over budget, explanation required
Financing and cash collateral · B230	180.0	247.9	$255,528.00	$326,357.84	+27.7%over budget, explanation required
Case administration · B110	168.2	190.6	$238,746.00	$250,896.39	+5.1%over budget, under threshold
Total	5,283.2	6,228.7	$7,500,000.00	$8,200,020.50	+9.3%over budget, under threshold

Issues a fee examiner or the U.S. Trustee is likely to raise

High
21 of 39 timekeepers billed under 15 hours (54%)
Transitory timekeepers are routinely questioned by fee examiners. Their time must be justified as necessary and non-duplicative.
At risk
$213,414.00
High
Non-working travel billed at 100% on 3 entries
The customary rate for non-working travel is 50%.
At risk
$13,263.75
Medium
7 attorneys attended the Sep 9 hearing
Examiners typically expect no more than 3 attorneys per hearing absent an explanation of each role.
At risk
$33,604.00
Medium
46 vague entries
Entries such as "attention to matters" do not describe the task performed. 10 examples shown.
At risk
$109,654.80
Medium
12 block-billed entries over 5 hours
Lumped tasks prevent the court from assessing whether time on each task was reasonable.
At risk
$22,132.10
Low
Fee application preparation is 4.6% of period fees
Examiners often treat 3–5% as the outer range for fee application work.
At risk
$49,200.12