Consolidating p47


Confusing things is that NWTM is still running, despite letters said they were forced to "close the company". One employee reportedly was told to file for unemployment retroactively to December 26.Confusing things even further is when people were terminated. But if the employees were terminated during a week where they were instructed not to work, wouldn't the date of termination effectively be their last day of work (December 22)?The "Significant Events" page (p45) states that Chapter 11 Trustee Mark Calvert decided to shut down the company on December 26, 2017.

consolidating p47-43consolidating p47-72consolidating p47-77

UPDATE: To clarify: Mark Calvert presumably only bills for one of those roles for any work he does (e.g.

if he does accounting work, he would bill through Cascade Capital, for typical Trustee duties he would bill as himself as Trustee). Atalla is presumably owed the $100K severance due to the contract that he and NWTM signed, that the court approved.

Note that Mark Calvert is listed twice (one in his role as Trustee at $400/hr, one as an account for his company Cascade Capital at $350/hr).

Also note that some hourly rates may have changed (e.g. This does not include CEO Bill Atalla, whose hourly rate was roughly $200/hr (including the $100K severance).

He explained that the court would not allow him to pay employees for time off without using vacation time (which certainly makes sense).