I’ve been working on refinements to the Proof of Claim Calculation Spreadsheet and I wanted to explain some of the additions, corrections and refinements:
Employee Number: added a line to enter your Heller Ehrman employee number. This will help the bankruptcy court to have a reference number and verify that you were a Heller Ehrman employee.
Sabbatical: for those who had reached their sabbatical anniversary, you should enter the number of hours of sabbatical to which you were entitled.
Health Benefits: if you had to pay health insurance coverage due to termination prior to the Dissolution Date (11/28/2008), enter the amount.
Profit Sharing: Heller’s profit sharing program made deposits each January to your 401k account based on your years of service with the firm. This was not a merit or discretionary payment – it was mandated in the firm’s benefits materials.
WARN Act Accrued Profit Sharing: the amount of profit sharing you would have accrued had you not been terminated and were able to work until the Dissolution Date.
Associate Bonus: if as an associate you achieved the billable hours goal, enter the bonus amount to which you were entitled.
Health Costs: if you did not have health insurance coverage costs but had to pay out-of-pocket medical expenses, enter them here.
Penalty for Seattle, WA and Washington, DC Employees: expanded to include DC employees – they are entitled to add liquidated damages of one times the amount not paid.
Prejudgment Interest: 10% per annum from Termination Date to Proof of Claim Deadline Date
Attorneys Fees and Costs To Be Determined: this is a placeholder for this expense which has yet to be determined.
Unsecured Claim and Priority Claim: the amounts are now broken out separately.
Again, here is the link to the spreadsheet: Proof of Claim Calculation Worksheet