Client: Bangladesh Steel Re-Rolling Mills Ltd
Tax Invoice No. 18110362
Date Narrative Fee Time
01.06.2018 Earner (Mins)
19.06.2018 Description
22.06.2018 BB 30
25.06.2018 Amendments to Notice of Arbitration BB 24
26.06.2018 BB 30
28.06.2018 Update to clients on arbitration RK 18
04.07.2018 RK 18
12.07.2018 Advice to clients on SIAC's steps BB 60
13.07.2018 RK 18
Response to client regarding different arbitration BB 24
17.07.2018 procedure and brief explanation of consolidation RK 18
18.07.2018
18.07.2018 Telcon with SIAC to clarify split regarding the RK 180
20.07.2018 3.8k payment RK 30
30.07.2018 BB 30
06.08.2018 Reviewing response from GMR and advice to RK 30
07.08.2018 clients on strategy going forward BB 30
RK 180
07.08.2018 Follow-up regarding 3.8k payment to SIAC and RK 150
15.08.2018 drafted cover letter to SIAC
15.08.2018 BB 54
Update to clients on consolidation RK 180
BB 18
Updated client on consolidation application
outcome and SIAC's request for 1st tranche
deposit
Researched on changing name in Notice of
Arbitration
Research on changing Claimant’s name in
arbitration
Considering issues arising from merger
Research on changing Claimant’s name in
arbitration
Reviewing merger documents of BSRM
Company
Considering legal issues and cases on changing
Claimant’s name in arbitration
Considering legal issues and cases and
prepared research note on changing Claimant’s
name in arbitration
Review and strategy on merger application
Planned submissions for party substitution and
further research
Follow up on party substitution
Client: Bangladesh Steel Re-Rolling Mills Ltd
Tax Invoice No. 18110362
2
Date Description Fee Time
16.08.2018 Earner (Mins)
17.08.2018
20.08.2018 Considering legal issues and cases and drafting RK 180
of party substitution submission to the Tribunal
20.08.2018
21.08.2018 Reviewed legal cases and drafted party RK 300
30.08.2018 substitution submissions
03.09.2018 Reviewed legal authorities and drafted party RK 300
03.09.2018 substitution submission, internal discussion and
10.09.2018 drafted email to Bangladesh lawyers on points
11.09.2018 requiring legal opinion
13.09.2018
13.09.2018 Email advice to clients and review of documents BB 48
14.09.2018 Revised draft party substitution submissions RK 90
14.09.2018
14.09.2018 Drafted update for SIAC regarding substitution RK 30
15.09.2018 application. Drafted response to Mr Kamrul,
explaining need for Bangladeshi opinion
Collated and organised merger documents to RK 12
provide to Bangladesh lawyers
Further input on application obtaining opinion BB 24
from Bangladesh Counsel for effect of merger
Reviewed documents relating to substitution RK 30
application
Revised party substitution submissions RK 30
Reviewed opinion of Tanjib Alam, considered RK 30
and strategy going forward
Telcon with Imran from Tanjib Alam to discuss RK 60
opinion, follow up internal discussion and further
correspondence with Imran
Drafted witness statement of Mr Kamrul and RK 120
letter to be exhibited to the statement
Prepared Bundle of Authorities RK 170
Review of application and witness statement BB 30
Further follow up regarding opinion of Tanjib RK 90
Alam regarding date of certified copy of
judgment over call and email; 5 December
creditors' resolution
Reviewed client input on substitution
submissions, witness statement of Mr Kamrul,
confirmed instructions and drafted submissions
Client: Bangladesh Steel Re-Rolling Mills Ltd
Tax Invoice No. 18110362
3
Date Description Fee Time
Earner (Mins)
17.09.2018
on authority point after witness statement
17.09.2018 confirmation
24.09.2018
25.09.2018 Prepared Bundle of Documents, drafted cover RK 162
27.09.2018 letter, cross-referencing and proofing
submissions, oversaw finalisation and
27.09.2018 submission to SIAC and updated client
27.09.2018
30.09.2018 Review of application on substitution BB 48
03.10.2018
04.10.2018 Review and consolidation of risks in RK 90
11.10.2018 documentation
16.10.2018
17.10.2018 Review of sales contracts for high risk provisions RK 42
18.10.2018 Requested SIAC for directions in view of GMR's RK 18
31.10.2018 failure to respond to substitution application to
31.10.2018 date
07.11.2018
08.11.2018 Finalised and consolidated contract review RK 54
13.11.2018 findings
Correspondence on merger BB 18
Responded to Mr Kamrul's query about status of RK 6
substitution application
Drafted email to SIAC requesting conclusive RK 36
deadline
Email to SIAC on substitution position BB 30
Liaised with client for SIAC first tranche payment RK 6
Reviewing SIAC's position BB 18
Considered SIAC's email re consolidation, RK 18
drafted follow up email to GMR's lawyers
seeking confirmation on GMR's position re
substitution application
Review of GMR's position and next steps BB 30
RK 6
Responded to BSRM's query regarding status of
substitution application
Update on Arbitration to client BB 12
Updated SIAC about BSRM's payment RK 6
Email to SIAC on next steps BB 18
Considering next steps and update to client BB 18
Client: Bangladesh Steel Re-Rolling Mills Ltd
Tax Invoice No. 18110362
4
Date Description Fee Time
20.11.2018 Earner (Mins)
20.11.2018
20.11.2018 Email update to clients BB 30
21.11.2018 Preparing instructions to Tribunal and reviewing BB 24
21.11.2018 update from Tribunal
26.11.2018
26.11.2018 Drafted letter to Tribunal requesting preliminary RK 78
27.11.2018 decision on substitution application and giving
27.11.2018 history of correspondence on the issue
28.11.2018
28.11.2018 Drafted letter to opposing lawyers proposing RK 60
28.11.2018 procedural timetable
28.11.2018 Email to Incisive Law on procedure for the BB 30
28.11.2018 arbitration
Preparation of list of issues - reviewed historic RK 30
documents
Update to clients on arbitration BB 24
Reviewing law on LDs cap RK 30
Emails on procedural meeting BB 54
Reviewing law on LDs cap RK 60
Drafted, revised, finalised and sent procedural RK 180
order and letter to Tribunal
Compared and reviewed documents previously RK 18
provided against ones provided yesterday and
email request to client with instructions on
discovery
Considering timetable and documents BB 78
Reviewing documents and application BB 30
Total time spent: 4028
(67.133hrs)
BB: 14.4hrs x $620 = $8,928.00
RK: 52.733hrs x $380 = $20,038.54
Total : $28,966.54
After 10% Goodwill Discount : $26,069.89