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2063

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									              Case 08-10928-JKO           Document 2063         Filed 10/31/2008       Page 1 of 13



                               UNITED STATES BANKRUPTCY COURT
                                SOUTHERN DISTRICT OF FLORIDA
                                  (FORT LAUDERDALE DIVISION)
                                       www.flsb.uscourts.gov

IN RE:                                                  CASE NO. 08-10928-JKO

TOUSA, Inc., et al.,1                                   CHAPTER 11
                                                        Jointly Administered
            Debtors.
_________________________________/

          SUMMARY OF SECOND INTERIM APPLICATION FOR ALLOWANCE
             AND PAYMENT OF COMPENSATION AND REIMBURSEMENT
     OF EXPENSES TO J.H. COHN LLP AS FORENSIC ACCOUNTANTS AND FINANCIAL
     CONSULTANTS TO THE OFFICIAL COMMITTEE OF UNSECURED CREDITORS OF
                               TOUSA, INC., ET AL.

1.       Name of Applicant: J.H. Cohn LLP
2.       Role of Applicant: Financial Consultants and Forensic Accountants to the Official
         Committee of Unsecured Creditors
3.       Name of certifying professional: Kevin P. Clancy
4.       Date case filed: January 29, 2008
5.       Date of application for employment: Filed April 22, 2008
6.       Date of Order approving employment: May 28, 2008 (nunc pro tunc to March 27, 2008)
7.       Date of this Application: October 30, 2008
8.       Dates of services covered: May 1, 2008 through August 31, 2008
         FEES. . . .
9.       Total fees requested for this period – at 90% (From Exhibits 1)                      $1,724,733.45


1 The Debtors in the cases are: TOUSA, Inc.; Engle Homes Commercial Construction, LLC; Engle Homes
Delaware, Inc.; Engle Homes Residential Construction, L.L.C.; Engle Sierra Verde P4, LLC; Engle Sierra Verde
P5, LLC; Engle/Gilligan LLC; Engle/James LLC; LB/TE #1, LLC; Lorton South Condominium, LLC; McKay
Landing LLC; Newmark Homes Business Trust; Newmark Homes Purchasing, L.P.; Newmark Homes, L.L.C.;
Newmark Homes, L.P.; Preferred Builders Realty, Inc.; Reflection Key, LLC; Silverlake Interests, L.L.C.; TOI,
LLC; TOUSA Associates Services Company; TOUSA Delaware, Inc.; TOUSA Funding, LLC; TOUSA Homes
Arizona, LLC; TOUSA Homes Colorado, LLC; TOUSA Homes Florida, L.P.; TOUSA Homes Investment #1,
Inc.; TOUSA Homes Investment #2, Inc.; TOUSA Homes Investment #2, LLC; TOUSA Homes Mid-Atlantic
Holding, LLC; TOUSA Homes Mid-Atlantic, LLC; TOUSA Homes Nevada, LLC; TOUSA Homes, Inc.;
TOUSA Homes, L.P.; TOUSA Investment #2, Inc.; TOUSA Mid-Atlantic Investment, LLC; TOUSA Realty,
Inc.; TOUSA, LLC; and TOUSA/West Holdings, Inc.
           Case 08-10928-JKO          Document 2063         Filed 10/31/2008   Page 2 of 13



10.   Holdback fees requested from prior period – at 10%                                21,986.00
11.   Fees paid or advanced for this period, by other sources:                       1,533,096.40
12.   Net amount of fees requested in this Application:                             $1,746,719.45
      EXPENSES. . . .
13.   Total expense reimbursement requested for this period (From Exhibit 3)           $93,613.01
14.   Expenses paid or advanced for this period, by other sources:                      93,613.01
15.   Net amount of expense reimbursement requested for this period                    $93,613.01
16.   Gross award requested for this period (#9 + #10 + #13)                        $1,840,332.46
16.   Net award requested for this period (#12 + #15)                               $1,840,332.46




                                                 -2-
              Case 08-10928-JKO        Document 2063        Filed 10/31/2008    Page 3 of 13




                             UNITED STATES BANKRUPTCY COURT
                              SOUTHERN DISTRICT OF FLORIDA
                                (FORT LAUDERDALE DIVISION)
                                     www.flsb.uscourts.gov

IN RE:                                              CASE NO. 08-10928-JKO

TOUSA, Inc., et al.,                                CHAPTER 11
                                                    Jointly Administered
            Debtors.
_________________________________/


             SECOND INTERIM APPLICATION FOR ALLOWANCE
          AND PAYMENT OF COMPENSATION AND REIMBURSEMENT
  OF EXPENSES TO J.H. COHN LLP AS FORENSIC ACCOUNTANTS AND FINANCIAL
  CONSULTANTS TO THE OFFICIAL COMMITTEE OF UNSECURED CREDITORS OF
                            TOUSA, INC., ET AL.

         J.H. Cohn LLP (“JHC” or “Applicant”), forensic accountants and financial consultants to the

Official Committee of Unsecured Creditors (the “Committee”) of TOUSA Inc., et al. (collectively, the

“Debtors”), files this second interim application (the “Application”) for allowance and payment of

compensation and reimbursement of expenses. The following grounds support this Application:

         1.   The Committee was appointed by the United States Trustee on or about February 13,

2008 [D.E. 185].

         2.   On April 22, 2008, an application to retain the Applicant as forensic accountants and

financial consultants to the Committee was filed with the Court [D.E. # 844].

         3.   By order dated May 28, 2008 [D.E. 1090] (the “Retention Order”), the Court authorized

the Committee to retain the Applicant, nunc pro tunc to March 27, 2008, pursuant to 11 U.S.C. §§

1103 and 330.

         4.   Accordingly, the Applicant submits this Application, pursuant to Sections 328, 330, 331

and 503(b) of the Bankruptcy Code, Rule 2016 of the Federal Rules of Bankruptcy Procedure (the



                                                 -3-
             Case 08-10928-JKO           Document 2063         Filed 10/31/2008      Page 4 of 13



“Bankruptcy Rules”), Local Rule 2016-1 of the United States Bankruptcy Court, Southern District of

Florida and in accordance with the Guidelines For Fee Applications For Professionals in the Southern

District of Florida in Bankruptcy Cases (the “Guidelines”). The Applicant requests an interim award

of professional fees incurred by the Applicant during the period May 1, 2008 through and including

August 31, 2008 (the “Application Period”) in the amount of (a) $1,724,733.45, representing 90% of

total fees incurred during the Application Period of $1,916,370.50, as compensation for services

rendered; and (b) $93,613.01 as reimbursement for the actual and necessary expenses incurred by the

Applicant as forensic accountants and financial consultants to the Committee during the Application

Period. The Applicant also requests an interim award of professional fees incurred by the Applicant

during the period March 27, 2008 through and including April 30, 2008 (the “First Application

Period”) of an additional ten percent of its total fees for that Period, or the sum of $21,986.00. 2

        5.   This request is the Applicant’s second interim application to the Court for compensation

and reimbursement of expenses. No understanding exists between the Applicant and any other person

for a sharing of the compensation sought by this Application, except among the members of the

Applicant.

        6.   In accordance with the Guidelines, the following exhibits are annexed to this application:

       Exhibit 1:      Summary of Professional and Paraprofessional Time;

       Exhibit 2:      Summary and Breakdown of Requested Reimbursement of Expenses and

                       Disbursements;

       Exhibit 3:      Certification of Kevin P. Clancy and;

       Exhibit 4:      Detailed Description of the Services Rendered.




2
   Applicant was awarded 80% of its fees of $219,860.00 for the First Application Period, or the sum
of $175,888.00, by Order of the Court dated August 20, 2008 [D.E. 1656].

                                                   -4-
                Case 08-10928-JKO        Document 2063        Filed 10/31/2008    Page 5 of 13




   I.          RETENTION OF APPLICANT, DISCLOSURE
               OF COMPENSATION AND REQUESTED AWARD

          7.    The Applicant has expended a total of 4,338.90 hours during the period covered by this

Application in rendering necessary and substantially beneficial financial advisory services to the

Committee. Exhibit 1 contains a list of Applicant’s professionals and paraprofessionals who rendered

services during the Application Period, the hourly rate charged by each, and a summary of time

expended by each. Exhibit 4 includes a daily description of the services rendered and the hours

expended by the various professionals of Applicant who performed services in this case. Applicant has

prepared Exhibit 4 based on contemporaneous daily time records maintained by partners and staff of

the Applicant who rendered services in this case.

          8.    The Applicant has only applied for reimbursement of actual and necessary out-of-pocket

disbursements in accordance with § 330(a)(2) of the Bankruptcy Code, the Bankruptcy Rules, the

Local Rules and the Guidelines. The expenses listed on Exhibit 2 were actual and necessary expenses

incurred by the Applicant in connection with its service to the Committee. The Applicant would

typically bill all such expenses to its non-bankruptcy clients.

   II.         DESCRIPTION OF SERVICES

         9.     The services that Applicant has rendered for the Committee include, but are not limited

to, the following

                            a) Perform forensic and financial analyses including the evaluation of

                                intercompany claims, avoidance actions, fraudulent conveyances and

                                preferential transfers and provide litigation support services in

                                connection therewith, including expert testimony, as required by the

                                Committee;



                                                    -5-
              Case 08-10928-JKO        Document 2063        Filed 10/31/2008      Page 6 of 13



                          b) Review and analyze certain financial information prepared by the

                             Debtors or their professionals related to the cost-side aspects of the

                             Debtors’ operations and business plan(s); and

                          c) Render such other forensic accounting and other financial consulting

                             services as the Committee and its counsel may deem necessary.

III.         EVALUATION OF SERVICES RENDERED:
             FIRST COLONIAL CONSIDERATIONS

       10.    This Application has presented the nature and extent of the professional services

Applicant has rendered in connection with its services to the Debtors for which Applicant seeks

compensation. The recitals set forth in the daily diaries attached hereto constitute only a summary of

the time spent. A mere reading of the time summary annexed hereto cannot completely reflect the full

range of services Applicant rendered and the complexity of the issues and the pressures of time and

performance which have been placed on Applicant in connection with the case.

       11.    American Benefit Life Ins. Co. v. Baddock (In re First Colonial Corp.), 544 F.2d 1291

(5th Cir.), cert. denied, 431 U.S. 904 (1977), enumerates twelve factors a bankruptcy court should

evaluate in awarding fees.     First Colonial remains applicable in the Eleventh Circuit to the

determination of reasonableness of fees to be awarded under the Bankruptcy Code. Grant v. George

Schuman Tire & Battery Co., 908 F.2d 874 (11th Cir. 1990); 2 Collier on Bankruptcy & 330.05[2][a]

at 330-33 through 330-37 (L. King 15th ed. 1991); see also Bonner v. City of Prichard, 661 F.2d 1206,

1209 (11th Cir. 1981). The twelve factors are:

               1.     The time and labor required;

               2.     The novelty and difficulty of the questions presented;

               3.     The skill required to perform the professional services properly;

               4.     The preclusion from other employment by the professionals due to acceptance of
                      the case;

                                                 -6-
             Case 08-10928-JKO         Document 2063        Filed 10/31/2008         Page 7 of 13




               5.     The customary fee for similar work in the community;

               6.     Whether the fee is fixed or contingent;

               7.     The time limitations imposed by the client or circumstances;

               8.     The amount involved and results obtained;

               9.     The experience, reputation and ability of the professionals;

               10.    The undesirability of the case;

               11.    The nature and length of the professional relationship with the client; and

               12.    Awards in similar cases.

First Colonial, 544 F.2d at 1298-99.

       12.   Based on the standards set forth in § 330 of the Bankruptcy Code and First Colonial,

Applicant believes that the fair and reasonable value of its services rendered during the period covered

by this Application is the total amount of $1,916,370.50, plus expenses of $93,613.01.

       A.      Time, Nature and Extent of Services Rendered, Results Obtained and Related
               First Colonial Factors

       13.   The foregoing summary, together with the Exhibits attached hereto, detail the time, nature

and extent of the professional services Applicant rendered for the benefit of the Committee during the

period covered by this Application. The total number of hours expended, 4,338.90, reveals the

extensive time devoted to this matter by Applicant on a vast spectrum of issues that have arisen in this

case during the Application.




                                                 -7-
              Case 08-10928-JKO          Document 2063        Filed 10/31/2008       Page 8 of 13



       B.      Novelty and Difficulty of Questions Presented

       14. The issues that have arisen in this case during the period encompassed by this Application

demanded a high level of skill and perseverance of Applicant. The Applicant spent considerable time

preparing and reviewing necessary documents, reports and analysis in this case.

       C.      Skill Requisite to Perform Services Properly

       15.    In rendering services to the Committee, the Applicant demonstrated substantial forensic

accounting and financial consulting skills and expertise.

       D.      Preclusion from Other Employment by Professional Due to Acceptance of Case

       16.    Applicant’s representation in this case did not preclude it from accepting other

employment.

       E.      Customary Fee

       17.    The hourly rates of Applicant as set forth in Exhibits 1 and 2 reflect the hourly rates

Applicant bills to its clients in other bankruptcy and commercial cases in which client payment is made

on a frequent, periodic basis.

       F.      Whether Fee is Fixed or Contingent

       18.    The Applicant’s compensation in this matter is subject to approval of the Court and therefore

contingent. The Court should consider this factor, which militates in favor of a fee in the amount

requested. The amount requested is consistent with the fees which the Applicant would charge its clients

in other non-contingent, bankruptcy and commercial cases.

       G.      Time Limitations Imposed by Client or Other Circumstances

       19.    The circumstances of this case occasionally imposed serious time constraints on

Applicant due to the necessity for rapid resolution of significant issues.




                                                    -8-
             Case 08-10928-JKO           Document 2063       Filed 10/31/2008        Page 9 of 13



       H.      Experience, Reputation and Ability of Professionals

       20.   Applicant is an established accounting and consulting firm and its members and

professionals working on this case are highly experienced in matters of this kind.

       I.      “Undesirability” of Cases

       21.   These case are not undesirable. The Applicant is privileged to have the opportunity to

provide professional services to the Committee and appear before the Court in this proceeding.

       J.      Nature and Length of Professional Relationship with Client

       22.   From time to time the Applicant has served as financial consultant to various creditors

committees and/or debtors in unrelated matters in which certain creditors of the Debtors herein have

been creditors or members of such creditors committees, as more fully set forth on the application to

retain Applicant as forensic accountants and financial consultants to the Committee filed with the

Court on April 22, 2008.

       K.      Awards in Similar Cases

       23.   The amount requested by the Applicant is reasonable in terms of awards in cases of

similar magnitude and complexity. The compensation which the Applicant requests comports with the

mandate of the Bankruptcy Code, which directs that services be evaluated in light of comparable

services performed in non-bankruptcy cases in the community. The total fees incurred during this

Second Application Period by the Applicant, $1,916,370.50, reflects an average hourly rate of $441.67

for 4,338.90 total hours of service. Considering the complexity of the issues addressed during the

periods covered by this application, this rate is entirely appropriate. The costs which the Applicant

seeks reimbursement of were necessarily incurred as a result of this engagement. Such costs are not,

therefore, implicit in the Applicant’s hourly rates.




                                                   -9-
             Case 08-10928-JKO           Document 2063         Filed 10/31/2008       Page 10 of 13



       WHEREFORE, the Applicant respectfully requests the Court to enter an order (i) awarding the

Applicant ninety percent (90%) of its total fees incurred during the Second Application Period, or an award

of $1,724,733.45 as interim compensation for services rendered, and $93,613.01 as interim reimbursement

for actual and necessary expenses incurred during the course of the Applicant’s representation of the

Committee during the Application period; (ii) awarding the Applicant an additional ten percent (10%) of

its total fees incurred during the First Application Period, or $21,986.00; (ii) authorizing and directing the

Debtor to pay the Applicant the sum of $1,840,332.46, representing the total fees and costs sought by the

Applicant herein; and (iii) granting such other and further relief as the Court deems just, proper and

equitable.

Dated: October 30, 2008

                                                    J.H. COHN LLP
                                                    333 Thornall Street
                                                    Edison, NJ 08837



                                                    By:/s/ Kevin P. Clancy
                                                        Kevin P. Clancy




                                                    - 10 -
                     Case 08-10928-JKO                       Document 2063                   Filed 10/31/2008                  Page 11 of 13




                                         EXHIBIT 1
                     SUMMARY OF PROFESSIONAL AND PARAPROFESSIONAL TIME
                            FOR THE PERIOD 5/1/2008 through 8/31/2008

  [If this is a final application, and does not cumulate fee details from prior interim applications, then a separate Exhibit “1” showing cumulative time
  summary from all applications is attached as well]


 PROFESSIONALS:                          Degree(s)               Year                       Level                    Total             Hourly               Total Fee
                                                               Licensed                                              Hours              Rate
PROFESSIONAL
Bernard A. Katz                            CPA                     1979             Senior Partner                     343.10          $650.00           $223,015.00
Amy Benbrook                               CPA                     1992                Partner                         414.70          $600.00           $248,820.00
Jack Callahan                              CPA                     1984                Partner                          12.00          $600.00              $7,200.00
Jake Garboski                              CPA                     1994                Partner                          92.30          $600.00             $55,380.00
Jay Levy                                   CPA                     1984                Partner                           1.70          $600.00              $1,020.00
Kevin Clancy                              CPA, JD                  1993                Partner                         450.00          $600.00            $270,000.00
Michael Lipari                             CPA                     1992                Partner                          41.90          $600.00             $25,140.00
Phil Mandel                              CPA, CFP                  1997                Partner                           2.70          $600.00              $1,620.00
Adam Hanover                              CPA, JD                  1986               Director                         398.00          $500.00           $199,000.00
B.J. Hinson                                CPA                     1975               Director                         297.30          $500.00           $148,650.00
Michael Curry                              CPA                     1995            Senior Manager                      358.90          $450.00           $161,505.00
Christopher Gaeta                          CPA                     2005               Manager                           54.50          $425.00             $23,162.50
Erin Flynn                                 CPA                     2002               Manager                            6.30          $425.00              $2,677.50
James Maranino                              BS                                        Manager                          212.00          $425.00             $90,100.00
Jeremy Smith                                BS                                    Senior Consultant                    550.40          $325.00           $178,880.00
Pablo Barry                                CPA                     2005           Senior Consultant                     75.60          $325.00             $24,570.00
Alicia Marucci                              BS                                          Staff                           74.50          $250.00             $18,625.00
Christopher Cropley                         BS                                          Staff                          244.80          $250.00             $61,200.00
Craig Sacchetto                             BS                                          Staff                          281.90          $250.00             $70,475.00
Kerri Blake                                 BS                                          Staff                           68.00          $250.00             $17,000.00
Rosellen Martoken                           BS                                          Staff                           50.80          $250.00             $12,700.00
Stephen Salantrie                           BS                                          Staff                          164.90          $250.00             $41,225.00
Susan Ciano                                 BS                                          Staff                          129.50          $250.00             $32,375.00
Maria Valle                                                                       Paraprofessional                      13.10          $155.00              $2,030.50
Total Hours by                                                                                                        4338.90                           $1,916,370.50
Professionals &
Paraprofessionals
TOTAL NET FEES                                                                                                                                          $1,916,370.50




                                                                             - 11 -
             Case 08-10928-JKO         Document 2063       Filed 10/31/2008   Page 12 of 13




                                              EXHIBIT 2

               SUMMARY OF REQUESTED REIMBURSEMENT OF EXPENSES
            AND DISBURSEMENTS FOR THE PERIOD 5/1/2008 THROUGH 8/31/2008

1.     Filing Fees
2.     Process Service Fees
3.     Witness Fees
4.     Court Report & Transcripts
5.     CD/DVD Duplication
6.     Photocopies
       (a)     In-house copies (3,774 @.15)                                              $566.10
       (b)     Outside copies (@ .15), including tax)

7.     Postage                                                                           $443.51
8.     Overnight Delivery Charges
9.     Outside Courier/Messenger Services                                              $1,301.91
10.    Long Distance Telephone Charges                                                   $145.17
11.    Long Distance Telephone Charges – Outside Services
12.    Computerized Research                                                             $175.76
13.   Travel                                                                          $90,980.56
       a.    Parking, Taxis, Mileage, Tolls, Trains       $ 10,193.15
       b.    Airfare                                      $ 40,436.99
       c.    Car Rental                                   $   5,035.48
       d.    Hotel                                        $ 24,665.72
       e.    Gratuities                                   $     71.00
       f.    Meals                                        $ 10,578.22
TOTAL “GROSS” AMOUNT OF REQUESTED DISBURSEMENT                                        $93,613.01




                                                 - 12 -
            Case 08-10928-JKO          Document 2063          Filed 10/31/2008    Page 13 of 13



                                           EXHIBIT 3
                                       CERTIFICATION

       1.      I have been designated by J.H. Cohn LLP (the “Applicant”) as the professional with

responsibility in this case for compliance with the Guidelines for Fee Applications for Professionals in

the Southern District of Florida in Bankruptcy Cases (the “Guidelines”).

       2.      I have read the Applicant’s application for compensation and reimbursement of

expenses (the “Application”).     The Application complies with the Guidelines, and the fees and

expenses sought fall within the Guidelines, except as specifically noted in this certification and

described in the Application.

       3.      The fees and expenses sought are billed at rates and in accordance with practices

customarily employed by the Applicant and generally accepted by the Applicant’s clients.

       4.      In seeking reimbursement for the expenditures described on Exhibit 2, the Applicant is

seeking reimbursement only for the actual expenditure and has not marked up the actual cost to provide

a profit or to recover the amortized cost of investment in staff time or equipment or capital outlay

(except to the extent that the Applicant has elected to charge for in-house photocopies and outgoing

facsimile transmissions at the maximum rates permitted by the Guidelines).

       5.      In seeking reimbursement for any service provided by a third party, the Applicant is

seeking reimbursement only for the amount actually paid by the Applicant to the third party.

       I hereby certify that the foregoing is true and correct.

Dated: October 30, 2008

                                              By:      /s/ Kevin P. Clancy
                                                       Kevin P. Clancy




                                                    - 13 -
Case 08-10928-JKO    Document 2063      Filed 10/31/2008   Page 1 of 71



                          EXHIBIT 4

          Detailed Description of the Services Rendered




                              - 14 -
                 Case 08-10928-JKO                  Document 2063                  Filed 10/31/2008                Page 2 of 71
                                                          TOUSA, Inc., et al                                                          Exhibit "4"
                                                      Case No. 08-10928 (JKO)
                                   J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional   Activity                                           Description                                   Hours    Rate     Fee
05/01/08   Adam Hanover   Bus anal - business    Review community level projections; forward same to A. Benbrook.            2.30    500     1,150.00
                          plan
05/01/08   Adam Hanover   Bus anal - business    Review business plan                                                        0.40    500       200.00
                          plan
05/01/08   Adam Hanover   Bus anal - business    Review e-mails re: J. H. Cohn/RCLCO meetings with debtor; follow-up         0.40    500       200.00
                          plan                   re: same.
05/02/08   Adam Hanover   Litigation support     Review e-mails re: FLA procedures.                                          0.30    500       150.00
05/02/08   Adam Hanover   Litigation support     Review e-mail re: Insurance MTN's and related litigation.                   0.30    500       150.00
05/02/08   Adam Hanover   Litigation support     Review and analyze Durgin securities litigation and related documents.      3.50    500     1,750.00

05/04/08   Adam Hanover   Litigation support     Review and analyze corporate organization chart, including divisional       0.40    500       200.00
                                                 ownership, forward same to L. Kwon; e-mails to/from K. Clancy re:
                                                 same.
05/05/08   Adam Hanover   Bus anal - business    Review debtor projection analysis                                           0.40    500       200.00
                          plan
05/05/08   Adam Hanover   Bus anal - business    Meeting with staff re: projection analysis.                                 0.30    500       150.00
                          plan
05/05/08   Adam Hanover   Litigation support     Review e-mail from counsel re: committee and professinal calls.             0.30    500       150.00

05/05/08   Adam Hanover   Litigation support     Review SEC filings.                                                         2.10    500     1,050.00
05/06/08   Adam Hanover   Litigation support     Meeting with staff to discuss community mapping and historical              0.70    500       350.00
                                                 financial results analysis.
05/06/08   Adam Hanover   Litigation support     Review e-mails re: document production; follow-up re: same.                 0.30    500       150.00
05/06/08   Adam Hanover   Meeting of creditors   Telephone conference with committee re: committee conference call.          0.70    500       350.00

05/08/08   Adam Hanover   Litigation support     Attend Essbase training.                                                    2.50    500     1,250.00
05/08/08   Adam Hanover   Litigation support     Meeting with Tousa personel and J. H. Cohn/RCLCO personnel re:              3.50    500     1,750.00
                                                 Essbase analysis procedures.
05/08/08   Adam Hanover   Litigation support     E-mails with K. Clancy re: Essbase status.                                  0.20    500       100.00
05/08/08   Adam Hanover   Litigation support     Review Essbase manual.                                                      0.40    500       200.00
05/08/08   Adam Hanover   Litigation support     Review latest financial model.                                              0.40    500       200.00
05/08/08   Adam Hanover   Litigation support     Review e-mail re: court hearing update from counsel.                        0.30    500       150.00
05/09/08   Adam Hanover   Bus anal - business    Professional call re: business plan analysis.                               1.00    500       500.00
                          plan
05/09/08   Adam Hanover   Bus anal - business    Telephone conference with J. H. Cohn personnel re: business plan            0.50    500       250.00
                          plan                   analysis.
05/09/08   Adam Hanover   Litigation support     Attention to debtor's document production.                                  0.70    500       350.00
05/09/08   Adam Hanover   Litigation support     Attention to debtor's document production; meeting with staff re: same.     0.80    500       400.00

05/09/08   Adam Hanover   Litigation support     Review TBD analysis.                                                        0.30    500       150.00
05/09/08   Adam Hanover   Litigation support     Review historical SEC filings.                                              1.60    500       800.00
05/12/08   Adam Hanover   Bus anal - business    Meeting with staff re: current business plan analysis.                      0.40    500       200.00
                          plan
05/12/08   Adam Hanover   Litigation support     Review 7/27/07 model.                                                       0.70    500       350.00
05/12/08   Adam Hanover   Litigation support     Review Jefferies 12/07 presentation re: TE analysis.                        0.60    500       300.00
05/12/08   Adam Hanover   Litigation support     Review and analyze current business plan.                                   1.20    500       600.00
05/12/08   Adam Hanover   Litigation support     Review e-mails from counsel re: MTN status, exclusivity MTN, and            0.30    500       150.00
                                                 other MTNs.
05/13/08   Adam Hanover   Bus anal - business    Review Jefferies report to committee re: business plan.                     1.20    500       600.00
                          plan
05/13/08   Adam Hanover   Litigation support     Review cash flow and various analyses.                                      0.30    500       150.00
05/13/08   Adam Hanover   Litigation support     E-mails to/from debtor re: Essbase, HSP issues.                             0.30    500       150.00
05/13/08   Adam Hanover   Litigation support     Meeting with M. Curry to review Essbase/HSP analyses.                       0.60    500       300.00
05/13/08   Adam Hanover   Litigation support     Meeting with A. Benbrook and M. Curry to review corporate                   0.60    500       300.00
                                                 organization/divisional/community analysis re: 7/31.
05/13/08   Adam Hanover   Litigation support     Attention to Essbase analysis re: community roll-up.                        3.20    500     1,600.00
05/14/08   Adam Hanover   Bus anal - business    Review Tousa business plan presentation.                                    1.10    500       550.00
                          plan
05/14/08   Adam Hanover   Bus anal - cash        Review cash collateral summary.                                             0.10    500            50.00
                          collateral
05/14/08   Adam Hanover   Litigation support     E-mails with counsel and J. H. Cohn re: 7/31 model analysis.                0.20    500       100.00
05/14/08   Adam Hanover   Litigation support     Meeting with staff re: document review procedures.                          0.50    500       250.00
05/14/08   Adam Hanover   Litigation support     Review counsel MTN summaries.                                               0.30    500       150.00
05/14/08   Adam Hanover   Litigation support     Attention to article from A. Benbrook re: housing slump.                    0.20    500       100.00
05/14/08   Adam Hanover   Litigation support     Review and analyze June '07 10Q.                                            3.10    500     1,550.00
05/14/08   Adam Hanover   Litigation support     Review of transaction analysis and June 07 budget.                          1.20    500       600.00
05/14/08   Adam Hanover   Litigation support     Review and analyze July 07 Tousa budget, including transaction              1.70    500       850.00
                                                 related journal entries.


                                                                       Page 1
                 Case 08-10928-JKO                 Document 2063                  Filed 10/31/2008                 Page 3 of 71
                                                          TOUSA, Inc., et al                                                           Exhibit "4"
                                                      Case No. 08-10928 (JKO)
                                   J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional   Activity                                          Description                                     Hours    Rate      Fee
05/15/08   Adam Hanover   Bus anal - cash       Review and analyze draft cash collateral order.                               0.60    500       300.00
                          collateral
05/15/08   Adam Hanover   Litigation support    Meeting with staff re: document review analysis.                              0.60    500       300.00
05/15/08   Adam Hanover   Litigation support    Review JE analysis impairment entries.                                        1.70    500       850.00
05/15/08   Adam Hanover   Litigation support    Review and analyze September 07 Tousa 10Q re: financial status, TE            3.70    500     1,850.00
                                                issues.
05/15/08   Adam Hanover   Litigation support    Review fiscal 07 abandonment analysis.                                        0.80    500       400.00
05/16/08   Adam Hanover   Bus anal - cash       Analyze cash collateral order.                                                0.50    500       250.00
                          collateral
05/16/08   Adam Hanover   Litigation support    Review fiscal '07 quarterly financial statements.                             1.30    500       650.00
05/16/08   Adam Hanover   Litigation support    Review fiscal '07 Investors impairment and abandonment analysis.              1.20    500       600.00

05/16/08   Adam Hanover   Litigation support    Prepare analysis interest costs/savings arising from iterateration of 1st     1.60    500       800.00
                                                lien paydown.
05/16/08   Adam Hanover   Litigation support    Meeting with staff re: interest savings/cost from first lien paydown.         1.00    500       500.00

05/16/08   Adam Hanover   Litigation support    Review Tousa business model for first lien/second lien roll-forward           1.30    500       650.00
                                                analysis, loan interest rates, and cash deposit interest earnings; review
                                                Jefferies analysis re: same.
05/16/08   Adam Hanover   Litigation support    Review borrowing base analysis.                                               0.30    500       150.00
05/19/08   Adam Hanover   Bus anal - business   Meeting with staff re: 13-week cash flow v. business model analysis.          0.40    500       200.00
                          plan
05/19/08   Adam Hanover   Bus anal - cash       Review draft cash collateral orders.                                          0.40    500       200.00
                          collateral
05/19/08   Adam Hanover   Litigation support    Meeting with staff re: interest analysis arising from first lien paydown.     0.40    500       200.00

05/19/08   Adam Hanover   Litigation support    Perform interest analysis regarding first lien paydown.                       1.30    500       650.00
05/19/08   Adam Hanover   Litigation support    Perform TE analysis re: notice to shareholders, review 10K, 10Q, re:          1.80    500       900.00
                                                same.
05/19/08   Adam Hanover   Litigation support    Attention to borrowing base analysis and first lien interest expense.         0.40    500       200.00

05/19/08   Adam Hanover   Litigation support    Attention to discovery scheduling matters.                                    0.20    500       100.00
05/20/08   Adam Hanover   Bus anal - business   Review and analyze intercompany and cash flow activity in business            0.80    500       400.00
                          plan                  plan.
05/20/08   Adam Hanover   Bus anal - cash       Review committee's draft objection - cash collateral.                         0.30    500       150.00
                          collateral
05/20/08   Adam Hanover   Bus anal - cash       Review summary of cash collateral stipulation.                                0.30    500       150.00
                          collateral
05/20/08   Adam Hanover   Litigation support    Telephone conference with A. Benbrook re: intercompany analysis.              0.30    500       150.00

05/20/08   Adam Hanover   Litigation support    Attention to intercompany review and the debtor's use of loan                 0.50    500       250.00
                                                proceeds.
05/20/08   Adam Hanover   Litigation support    Meeting with staff re: document review procedures.                            0.70    500       350.00
05/20/08   Adam Hanover   Litigation support    Review and analyze bank document productions.                                 1.90    500       950.00
05/20/08   Adam Hanover   Litigation support    Telephone conference with M. Curry re: HSP access and                         0.20    500       100.00
                                                intercompany analysis.
05/20/08   Adam Hanover   Litigation support    Meeting with C. Sacchetto to discuss model cash flow issues.                  0.30    500       150.00
05/20/08   Adam Hanover   Litigation support    Review e-mails from counsel re: debtor's document production.                 0.40    500       200.00
05/21/08   Adam Hanover   Litigation support    Review committee reports in support of standing MTN.                          1.10    500       550.00
05/21/08   Adam Hanover   Litigation support    Review Libor rate analysis and impact on standing motion.                     0.30    500       150.00
05/21/08   Adam Hanover   Litigation support    Attention to second CD document review.                                       1.30    500       650.00
05/21/08   Adam Hanover   Litigation support    Meeting with staff re: CD document review.                                    0.60    500       300.00
05/21/08   Adam Hanover   Litigation support    Review debtor's response to committee's standing motion.                      0.70    500       350.00
05/21/08   Adam Hanover   Litigation support    Review Lehman Brothers presentation to BOD in connection with TE              2.60    500     1,300.00
                                                settlement.
05/22/08   Adam Hanover   Litigation support    Attention to documents organization/utility as provided by counsel and        1.10    500       550.00
                                                debtors.
05/22/08   Adam Hanover   Litigation support    Review e-mails from B. Katz re: standing motion, cash collateral, and         0.30    500       150.00
                                                J. H. Cohn retention issues.
05/22/08   Adam Hanover   Litigation support    Attention to litigation scheduling issues.                                    0.30    500       150.00
05/22/08   Adam Hanover   Litigation support    Attention to document control indices.                                        1.10    500       550.00
05/22/08   Adam Hanover   Litigation support    Meeting with staff re: document production.                                   0.50    500       250.00
05/23/08   Adam Hanover   Litigation support    Attention to additional Interlinks debtor provided documents.                 0.80    500       400.00
05/23/08   Adam Hanover   Litigation support    Meeting with B. Katz re: litigation status/timing.                            0.30    500       150.00
05/27/08   Adam Hanover   Litigation support    Review Interlinks e-mails.                                                    0.30    500       150.00
05/27/08   Adam Hanover   Litigation support    Meeting with staff re: document review procedures.                            0.40    500       200.00
05/27/08   Adam Hanover   Litigation support    Review new Interlinks documents.                                              0.90    500       450.00
05/27/08   Adam Hanover   Litigation support    Attention to cash flow analysis.                                              0.20    500       100.00


                                                                      Page 2
                 Case 08-10928-JKO                  Document 2063                  Filed 10/31/2008            Page 4 of 71
                                                          TOUSA, Inc., et al                                                       Exhibit "4"
                                                      Case No. 08-10928 (JKO)
                                   J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional   Activity                                             Description                              Hours    Rate      Fee
05/27/08   Adam Hanover   Litigation support     Review articles re: housing market.                                      0.30    500       150.00
05/27/08   Adam Hanover   Litigation support     Review e-mails from counsel re: committee updates re: MTN's.             0.50    500       250.00
05/28/08   Adam Hanover   Litigation support     Review and analyze interlinks documents.                                 0.80    500       400.00
05/28/08   Adam Hanover   Litigation support     Attention to documents produced by counsel and organization of           1.50    500       750.00
                                                 same.
05/28/08   Adam Hanover   Litigation support     Attention to document review procedures.                                 0.40    500       200.00
05/28/08   Adam Hanover   Litigation support     Review article re: housing status.                                       0.30    500       150.00
05/29/08   Adam Hanover   Litigation support     Telephone conference with M. Curry re: document review procedures.       0.30    500       150.00

05/29/08   Adam Hanover   Litigation support     Review articles, 8K, and correspondence addressing M. Mon's              0.30    500       150.00
                                                 departure.
05/29/08   Adam Hanover   Litigation support     Review e-mail from counsel re: MTN filings.                              0.20    500       100.00
05/29/08   Adam Hanover   Litigation support     Attention to Interlinks e-mails.                                         0.20    500       100.00
05/29/08   Adam Hanover   Litigation support     Review Interlinks documents.                                             0.80    500       400.00
05/29/08   Adam Hanover   Litigation support     Meeting with staff re: document review analysis and procedures re:       0.70    500       350.00
                                                 same.
05/29/08   Adam Hanover   Litigation support     Review document index.                                                   0.60    500       300.00
05/29/08   Adam Hanover   Litigation support     Telephone conference with debtor re: Essbase related access issues.      0.20    500       100.00

05/29/08   Adam Hanover   Litigation support     E-mail to K. Clancy re: Essbase access issues.                           0.10    500        50.00
05/30/08   Adam Hanover   Litigation support     Attention to document request issues and e-mails concerning same.        0.40    500       200.00

05/30/08   Adam Hanover   Litigation support     Review e-mails re: debtor's document production.                         0.30    500       150.00
05/30/08   Adam Hanover   Litigation support     Attention to Essbase review issues.                                      0.20    500       100.00
05/30/08   Adam Hanover   Litigation support     Attention to Interlink documents.                                        0.30    500       150.00
06/02/08   Adam Hanover   Litigation support     Review and analyze cost analysis document control procedures and         0.60    500       300.00
                                                 document control logs.
06/02/08   Adam Hanover   Litigation support     Review e-mail re: debtor's document production.                          0.30    500       150.00
06/02/08   Adam Hanover   Litigation support     Review e-mails from counsel re: fraudulent conveyance claim.             0.30    500       150.00
06/02/08   Adam Hanover   Litigation support     Review article re: home foreclosure status.                              0.30    500       150.00
06/02/08   Adam Hanover   Litigation support     Attention to counsel conflict issues.                                    0.40    500       200.00
06/02/08   Adam Hanover   Litigation support     Review E&Y MTN from counsel.                                             0.20    500       100.00
06/02/08   Adam Hanover   Litigation support     Review Interlinks documents and e-mails.                                 1.40    500       700.00
06/02/08   Adam Hanover   Litigation support     Attention to debtor's privilege assertions.                              0.20    500       100.00
06/02/08   Adam Hanover   Litigation support     Meeting with B. Katz re: litigation discovery issues.                    0.40    500       200.00
06/02/08   Adam Hanover   Litigation support     Attention to document discovery issues, plan for upcoming J. H. Cohn     0.80    500       400.00
                                                 meeting with counsel.
06/03/08   Adam Hanover   Bus anal - cash        Review cash collateral order and Boken deposition related issues.        0.40    500       200.00
                          collateral
06/03/08   Adam Hanover   Litigation support     Review and analyze bank document production.                             0.60    500       300.00
06/03/08   Adam Hanover   Meeting of creditors   Participate on Committee call.                                           0.40    500       200.00
06/04/08   Adam Hanover   Bus anal - cash        Meeting with staff re: bank document review and document control         1.00    500       500.00
                          collateral             and review procedures.
06/04/08   Adam Hanover   Bus anal - cash        Review cash flow weekly results.                                         0.20    500       100.00
                          collateral
06/04/08   Adam Hanover   Bus anal - cash        E-mails with counsel re: meeting scheduling issues.                      0.20    500       100.00
                          collateral
06/04/08   Adam Hanover   Business analysis      Review counsel e-mail re: pending MTN's.                                 0.20    500       100.00
06/04/08   Adam Hanover   Fee/employ             Attention to time related issues for fee application                     0.10    500        50.00
                          applications
06/04/08   Adam Hanover   Litigation support     Review and analyze Interlinks documents and e-mails.                     0.60    500       300.00
06/04/08   Adam Hanover   Litigation support     Attention to HSP access issues, telephone conference and e-mail with     0.30    500       150.00
                                                 J. Baum re: same.
06/05/08   Adam Hanover   Bus anal - business    Attention to gross margin sensitivity analysis.                          0.20    500       100.00
                          plan
06/05/08   Adam Hanover   Bus anal - cash        Review borrowing base form and related e-mails.                          0.20    500       100.00
                          collateral
06/05/08   Adam Hanover   Bus anal - cash        Review disgorgement MTN.                                                 0.20    500       100.00
                          collateral
06/05/08   Adam Hanover   Fee/employ             Attention to e-mail from counsel re: fee issues.                         0.10    500            50.00
                          applications
06/05/08   Adam Hanover   Litigation support     Attention to Essbase J. H. Cohn installation issues.                     0.20    500       100.00
06/05/08   Adam Hanover   Litigation support     Attention to Interlinks e-mails.                                         0.20    500       100.00
06/06/08   Adam Hanover   Bus anal - business    Review article re: RE sales status.                                      0.30    500       150.00
                          plan
06/11/08   Adam Hanover   Bus anal - cash        Attention to cash collateral response by City.                           0.30    500       150.00
                          collateral



                                                                       Page 3
                 Case 08-10928-JKO                Document 2063                   Filed 10/31/2008             Page 5 of 71
                                                          TOUSA, Inc., et al                                                     Exhibit "4"
                                                      Case No. 08-10928 (JKO)
                                   J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional   Activity                                             Description                            Hours    Rate      Fee
06/11/08   Adam Hanover   Bus anal - cash       Attention to additional debtor document production.                     0.30    500       150.00
                          collateral
06/11/08   Adam Hanover   Bus anal - cash       Review e-mails re: cc hearing.                                          0.20    500       100.00
                          collateral
06/11/08   Adam Hanover   Litigation support    Attention to Interlinks e-mails and documents.                          1.30    500       650.00
06/12/08   Adam Hanover                         Redacted                                                                0.30    500       150.00
06/12/08   Adam Hanover   Bus anal - business   Redacted                                                                0.20    500       100.00
                          plan
06/12/08   Adam Hanover   Business analysis     Review MTN to assume/reject contracts.                                  0.20    500       100.00
06/12/08   Adam Hanover   Litigation support    Attention to Interlinks e-mails and documents.                          0.70    500       350.00
06/12/08   Adam Hanover   Litigation support    Review counsel e-mail re: fraudulent conveyance action.                 0.10    500        50.00
06/13/08   Adam Hanover   Litigation support    Review Interlinks e-mails and documents.                                1.10    500       550.00
06/16/08   Adam Hanover   Bus anal - cash       Review e-mails re: cash collateral logistics.                           0.20    500       100.00
                          collateral
06/16/08   Adam Hanover   Bus anal - cash       Review open cash collateral issues.                                     0.20    500       100.00
                          collateral
06/16/08   Adam Hanover   Litigation support    Attention to Interlinks e-mails.                                        0.40    500       200.00
06/17/08   Adam Hanover   Bus anal - business   Review cash flow analysis and related e-mails.                          0.30    500       150.00
                          plan
06/17/08   Adam Hanover   Bus anal - business   Redacted                                                                0.40    500       200.00
                          plan
06/17/08   Adam Hanover   Bus anal - business   Review article re: housing stimulus package.                            0.20    500       100.00
                          plan
06/17/08   Adam Hanover   Business analysis     Review incentive plan.                                                  0.20    500       100.00
06/17/08   Adam Hanover   Litigation support    Attention to Interlinks e-mails.                                        0.40    500       200.00
06/17/08   Adam Hanover   Litigation support    Attention to e-mail from counsel re: scheduling issues.                 0.10    500        50.00
06/18/08   Adam Hanover   Bus anal - business   Review e-mail re: housing market.                                       0.20    500       100.00
                          plan
06/18/08   Adam Hanover   Bus anal - cash       Review counsel e-mail re: cash collateral update.                       0.20    500       100.00
                          collateral
06/18/08   Adam Hanover   Litigation support    Forward e-mails to staff re: Interlinks.                                0.30    500       150.00
06/18/08   Adam Hanover   Litigation support    Review of Interlinks documents and e-mails.                             0.30    500       150.00
06/18/08   Adam Hanover   Litigation support    Review various motions re: relief of stay.                              0.30    500       150.00
06/18/08   Adam Hanover   Litigation support    Review e-mail re: special litigation counsel.                           0.20    500       100.00
06/19/08   Adam Hanover   Bus anal - cash       Review e-mail from counsel re: cash collateral issues.                  0.10    500        50.00
                          collateral
06/19/08   Adam Hanover   Bus anal - cash       Review e-mail from counsel re: cash collateral issues.                  0.10    500            50.00
                          collateral
06/19/08   Adam Hanover   Business analysis     Prepare e-mail to K. Clancy re: Lake County Investors MTN.              0.50    500       250.00
06/19/08   Adam Hanover   Business analysis     Telephone conference with Larry Kwon re: Lake County Investors          0.30    500       150.00
                                                MTN.
06/19/08   Adam Hanover   Business analysis     Review bulk sale MTN.                                                   0.10    500        50.00
06/19/08   Adam Hanover   Business analysis     Review e-mail from K. Clancy re: Lake County issue.                     0.10    500        50.00
06/19/08   Adam Hanover   Litigation support    Review Interlinks documents and e-mails.                                0.40    500       200.00
06/19/08   Adam Hanover   Litigation support    Review Interlinks documents and e-mails.                                0.20    500       100.00
06/19/08   Adam Hanover   Litigation support    Review MTN from Lake County Investors, re: relief from the stay;        1.20    500       600.00
                                                review joint venture limited operating agreement re: same.
06/19/08   Adam Hanover   Litigation support    Review and analyze insolvency legal standards and options               4.10    500     2,050.00
                                                addressing size
06/20/08   Adam Hanover   Litigation support    Review insolvency legal opinions, and insolvency standards.             2.70    500     1,350.00
06/20/08   Adam Hanover   Litigation support    Review e-mail from counsel re: due diligence investigation              0.20    500       100.00
06/20/08   Adam Hanover   Litigation support    Receipt and review of email to and from K. Clancy re: due diligence     0.20    500       100.00
                                                investigation
06/20/08   Adam Hanover   Litigation support    Meeting with B. Katz re: fraudulent conveyance matters.                 0.30    500       150.00
06/23/08   Adam Hanover   Bus anal - business   E-mails to/from counsel re: due diligence update.                       0.20    500       100.00
                          plan
06/23/08   Adam Hanover   Bus anal - cash       Review filed 8K re: cash collateral.                                    0.30    500       150.00
                          collateral
06/23/08   Adam Hanover   Business analysis     Review recent MTNs, review cash flow results.                           0.30    500       150.00
06/23/08   Adam Hanover   Litigation support    Attention to interlinks documents and e-mails.                          0.40    500       200.00
06/24/08   Adam Hanover   Bus anal - business   Redacted                                                                0.40    500       200.00
                          plan
06/24/08   Adam Hanover   Bus anal - business   E-mail with counsel re: Schedule 3B issues.                             0.30    500       150.00
                          plan
06/24/08   Adam Hanover   Bus anal - cash       Review article re: cash collateral hearing.                             0.30    500       150.00
                          collateral
06/24/08   Adam Hanover   Litigation support    Attention to Interlinks documents.                                      0.40    500       200.00



                                                                     Page 4
                 Case 08-10928-JKO                 Document 2063                  Filed 10/31/2008                   Page 6 of 71
                                                          TOUSA, Inc., et al                                                          Exhibit "4"
                                                      Case No. 08-10928 (JKO)
                                   J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional   Activity                                             Description                                 Hours    Rate      Fee
06/25/08   Adam Hanover   Bus anal - business    Review debtor's historical stock activity, and comparison to debtor's       1.40    500       700.00
                          plan                   conduct.
06/25/08   Adam Hanover   Bus anal - business    Review incentive compensation issues.                                       0.20    500       100.00
                          plan
06/25/08   Adam Hanover   Case administration    Review e-mails re: scheduling issues.                                       0.30    500       150.00

06/25/08   Adam Hanover   Litigation support     Review debtor historical bond activity, various bond issues, etc.           2.30    500     1,150.00
06/25/08   Adam Hanover   Litigation support     Review debtor's document production.                                        2.80    500     1,400.00
06/26/08   Adam Hanover   Bus anal - business    Review and analyze historical operating results.                            2.30    500     1,150.00
                          plan
06/26/08   Adam Hanover   Bus anal - business    Review Marketplace enterprise valuation scenarios.                          2.40    500     1,200.00
                          plan
06/26/08   Adam Hanover   Bus anal - business    Review SEC filings.                                                         1.40    500       700.00
                          plan
06/26/08   Adam Hanover   Business analysis      Review various MTN provided by counsel.                                     0.40    500       200.00
06/26/08   Adam Hanover   Business analysis      Review e-mail re: MTNS filed by debtor.                                     0.40    500       200.00
06/26/08   Adam Hanover   Litigation support     Attention to Interlinks documents.                                          0.20    500       100.00
06/26/08   Adam Hanover   Meeting of creditors   Review e-mail to/from counsel re: committee call.                           0.20    500       100.00
06/27/08   Adam Hanover   Bus anal - business    Review historical Tousa bond transactions (buys/sells).                     1.40    500       700.00
                          plan
06/27/08   Adam Hanover   Bus anal - business    Review community/corporate organization roll-up.                            2.70    500     1,350.00
                          plan
06/27/08   Adam Hanover   Bus anal - business    Review Marketplace enterprise valuations.                                   1.90    500       950.00
                          plan
06/27/08   Adam Hanover   Litigation support     E-mail from counsel re: pending MTNS.                                       0.20    500       100.00
06/27/08   Adam Hanover   Litigation support     Meeting with B. Katz and K. Clancy re: litigation discovery matters.        0.50    500       250.00

06/27/08   Adam Hanover   Litigation support     Meeting with counsel, Jeffmo, RCLCO re: litigation claims.                  1.10    500       550.00
06/30/08   Adam Hanover   Bus anal - business    Review historical timeline of events.                                       0.60    500       300.00
                          plan
06/30/08   Adam Hanover   Bus anal - business    Meeting with B. Katz, K. Clancy re: corporate organization and              0.60    500       300.00
                          plan                   litigation effect on same.
06/30/08   Adam Hanover   Bus anal - business    Meeting with staff re: Tousa stock and bond activity and charting of        0.60    500       300.00
                          plan                   same.
06/30/08   Adam Hanover   Bus anal - business    Review statements and schedule re: corporate ownership structure.           3.40    500     1,700.00
                          plan
06/30/08   Adam Hanover   Bus anal - business    Meeting with staff re: prepare and review condensed corporate               1.20    500       600.00
                          plan                   organization charts, and operating roll-up charts.
06/30/08   Adam Hanover   Bus anal - cash        Review cash collateral appeal related e-mails.                              0.20    500       100.00
                          collateral
06/30/08   Adam Hanover   Litigation support     Prepare for meeting with litigation counsel (key documents review/key       2.70    500     1,350.00
                                                 issues).
06/30/08   Adam Hanover   Litigation support     Attention to Interlinks documents.                                          0.10    500        50.00
06/30/08   Adam Hanover   Litigation support     Review e-mail from counsel re: MTN summary.                                 0.20    500       100.00
07/01/08   Adam Hanover   Litigation support     Meeting with B. Katz and K. Clancy to discuss litigation strategy           1.50    500       750.00
                                                 issues.
07/01/08   Adam Hanover   Litigation support     Meeting with J. H. Cohn, RCLCO, Moelis and Russell Robbins to               5.00    500     2,500.00
                                                 discuss litigation related issues.
07/02/08   Adam Hanover   Litigation support     Meeting with K. Clancy to discuss corporate organization issues.            0.30    500       150.00

07/02/08   Adam Hanover   Litigation support     Meeting with staff to discuss market place valuation procedures and         0.80    500       400.00
                                                 review analysis of same.
07/02/08   Adam Hanover   Litigation support     Meeting with staff to address bond market place trading results.            0.40    500       200.00
07/02/08   Adam Hanover   Litigation support     Review historical bond, stock trading activity.                             0.30    500       150.00
07/02/08   Adam Hanover   Litigation support     E-mails with counsel re: various document requests.                         0.30    500       150.00
07/02/08   Adam Hanover   Litigation support     Meeting with staff re: document review procedures.                          0.40    500       200.00
07/02/08   Adam Hanover   Litigation support     Attention to Interlinks documents                                           0.30    500       150.00
07/02/08   Adam Hanover   Litigation support     Review Debtor's SEC filings.                                                1.90    500       950.00
07/02/08   Adam Hanover   Litigation support     Review documents produced by Debtor.                                        0.80    500       400.00
07/03/08   Adam Hanover   Litigation support     Review and analyze various committee document requests.                     1.40    500       700.00
07/03/08   Adam Hanover   Litigation support     Meeting with staff re: timeline of events.                                  0.40    500       200.00
07/03/08   Adam Hanover   Litigation support     Review Debtor produced documents.                                           3.10    500     1,550.00
07/07/08   Adam Hanover   Bus anal - cash        Review cash collateral report.                                              0.30    500       150.00
                          collateral
07/07/08   Adam Hanover   Litigation support     Meeting with staff re: document review index.                               0.70    500       350.00
07/07/08   Adam Hanover   Litigation support     Review and analyze document review indices.                                 3.10    500     1,550.00
07/07/08   Adam Hanover   Litigation support     Review e-mail committee agenda.                                             0.10    500        50.00
07/07/08   Adam Hanover   Litigation support     Meeting with staff re: community analysis.                                  0.40    500       200.00


                                                                       Page 5
                 Case 08-10928-JKO                Document 2063                  Filed 10/31/2008                 Page 7 of 71
                                                          TOUSA, Inc., et al                                                           Exhibit "4"
                                                      Case No. 08-10928 (JKO)
                                   J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional   Activity                                               Description                                Hours    Rate     Fee
07/07/08   Adam Hanover   Litigation support    Attention to timeline of events.                                              0.40    500       200.00
07/07/08   Adam Hanover   Litigation support    Attention to Interlinks documents.                                            0.60    500       300.00
07/07/08   Adam Hanover   Litigation support    Review Debtor's document production.                                          2.20    500     1,100.00
07/07/08   Adam Hanover   Litigation support    Prepare for meeting with counsel to discuss litigation issues.                1.50    500       750.00
07/08/08   Adam Hanover   Litigation support    Prepare for meeting with counsel re: document requests.                       0.60    500       300.00
07/08/08   Adam Hanover   Litigation support    Meeting with counsel to discuss document control issues and strategy          4.20    500     2,100.00
                                                issues.
07/08/08   Adam Hanover   Litigation support    Review and analyze K&E presentation to Tousa board.                           1.10    500       550.00
07/08/08   Adam Hanover   Litigation support    Analyze committee document requests.                                          0.60    500       300.00
07/08/08   Adam Hanover   Litigation support    Attention to Debtor's historical operating results.                           1.80    500       900.00
07/09/08   Adam Hanover   Litigation support    Attention to Interlinks e-mails.                                              0.30    500       150.00
07/09/08   Adam Hanover   Litigation support    Attention to Lehman Brothers presentation.                                    0.40    500       200.00
07/09/08   Adam Hanover   Litigation support    Review article re: litigation issues.                                         0.30    500       150.00
07/09/08   Adam Hanover   Litigation support    Review Debtor's objections to 1st lien holders, 2nd lien holders and          1.10    500       550.00
                                                committee's document requests.
07/09/08   Adam Hanover   Litigation support    Review document indices.                                                      0.30    500       150.00
07/10/08   Adam Hanover   Litigation support    Attention to discovery management issues.                                     0.30    500       150.00
07/10/08   Adam Hanover   Litigation support    Review and analyze Debtor's statements and schedules.                         1.60    500       800.00
07/11/08   Adam Hanover   Litigation support    Review/update due diligence workplan.                                         0.50    500       250.00
07/11/08   Adam Hanover   Litigation support    Meeting with staff re: Tousa background and Tousa historical sources          0.50    500       250.00
                                                and uses analysis.
07/11/08   Adam Hanover   Litigation support    Review Tousa's sources and uses of cash.                                      0.70    500       350.00
07/14/08   Adam Hanover   Litigation support    E-mails to/from counsel re: litigation discovery access.                      0.30    500       150.00
07/14/08   Adam Hanover   Litigation support    Attention to Debtor's discovery objections, forward to RCLCO.                 0.30    500       150.00
07/14/08   Adam Hanover   Litigation support    Review Committee agenda.                                                      0.10    500        50.00
07/14/08   Adam Hanover   Litigation support    Review cash flow analysis and e-mail forwarding same.                         0.20    500       100.00
07/15/08   Adam Hanover   Bus anal - business   Review e-mail from Moelis re: 13 week cash flow.                              0.10    500        50.00
                          plan
07/15/08   Adam Hanover   Litigation support    Attention to Interlinks documents and e-mails.                                0.30    500       150.00
07/15/08   Adam Hanover   Litigation support    Discuss compliance certificates with BAK.                                     0.60    500       300.00
07/16/08   Adam Hanover   Bus anal - business   Review housing market article.                                                0.20    500       100.00
                          plan
07/16/08   Adam Hanover   Litigation support    Attention to document requests analysis, review and revise same and           0.80    500       400.00
                                                distribute to key persons.
07/16/08   Adam Hanover   Litigation support    Review bank certifications re: pay-down and discuss process and               1.00    500       500.00
                                                tracking with BAK and KC.
07/16/08   Adam Hanover   Litigation support    Review e-mail with counsel re: meeting logistics to discuss document          0.20    500       100.00
                                                requests.
07/16/08   Adam Hanover   Litigation support    Review MTN summary from counsel.                                              0.20    500       100.00
07/16/08   Adam Hanover   Litigation support    Review and analyze committee complaint.                                       1.30    500       650.00
07/17/08   Adam Hanover   Bus anal - cash       Review cash collateral order re: bank certification procedures.               0.80    500       400.00
                          collateral
07/17/08   Adam Hanover   Litigation support    Attention to Interlinks e-mails.                                              0.30    500       150.00
07/17/08   Adam Hanover   Litigation support    Review Alix Partners and Lehman Brothers document requests.                   1.10    500       550.00
07/17/08   Adam Hanover   Litigation support    Review e-mails to/from counsel re: document requests and meetings             0.60    500       300.00
                                                to discuss same.
07/17/08   Adam Hanover   Litigation support    Review and analyze bank certifications, review related                        1.10    500       550.00
                                                correspondence.
07/17/08   Adam Hanover   Litigation support    Review and analyze bank financial statements.                                 1.30    500       650.00
07/17/08   Adam Hanover   Litigation support    Prepare bank certification control, bank certification analysis, and bank     0.80    500       400.00
                                                certification review procedure list.
07/17/08   Adam Hanover   Litigation support    Review and analyze letter to banks re: objections to certifications.          1.70    500       850.00

07/18/08   Adam Hanover   Litigation support    Review and analyze bank certifications and populate control and               1.80    500       900.00
                                                analysis charts.
07/18/08   Adam Hanover   Litigation support    Review/update document requests for debtors.                                  0.60    500       300.00
07/20/08   Adam Hanover   Litigation support    Review and revised certification analysis.                                    3.80    500     1,900.00
07/21/08   Adam Hanover   Bus anal - business   Review article re: housing industry.                                          0.20    500       100.00
                          plan
07/21/08   Adam Hanover   Bus anal - business   Review cash flow variance results and committee agenda.                       0.20    500       100.00
                          plan
07/21/08   Adam Hanover   Litigation support    Meeting with counsel, Jefmo, RCLCO to review document request                 5.00    500     2,500.00
                                                issues.
07/21/08   Adam Hanover   Litigation support    Attention to bank certifications and financial statements.                    0.50    500       250.00
07/21/08   Adam Hanover   Litigation support    Review MTN summary.                                                           0.20    500       100.00
07/21/08   Adam Hanover   Litigation support    Telephone conference with B. Katz re: certification review.                   0.20    500       100.00
07/21/08   Adam Hanover   Litigation support    Attention to Interlinks documents.                                            0.30    500       150.00
07/21/08   Adam Hanover   Litigation support    Review inter-company note issue.                                              0.30    500       150.00


                                                                     Page 6
                 Case 08-10928-JKO                Document 2063                   Filed 10/31/2008               Page 8 of 71
                                                          TOUSA, Inc., et al                                                         Exhibit "4"
                                                      Case No. 08-10928 (JKO)
                                   J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional   Activity                                         Description                                    Hours    Rate     Fee
07/21/08   Adam Hanover   Litigation support    Review draft document requests                                              0.70    500       350.00
07/21/08   Adam Hanover   Litigation support    Review debtors documents                                                    0.50    500       250.00
07/22/08   Adam Hanover   Bus anal - cash       Review and analyze Bank certifications, update certification chart.         3.70    500     1,850.00
                          collateral
07/22/08   Adam Hanover   Fee/employ            Review e-mail from counsel re: fee applications.                            0.10    500            50.00
                          applications
07/22/08   Adam Hanover   Litigation support    Attention to Interlinks documents.                                          0.20    500       100.00
07/22/08   Adam Hanover   Litigation support    Review mid-Atlantic sale analysis.                                          0.30    500       150.00
07/22/08   Adam Hanover   Litigation support    Telephone conference with A. Barnes re: debtors document                    0.20    500       100.00
                                                production.
07/22/08   Adam Hanover   Litigation support    E-mail to/from counsel re: document control checklist.                      0.20    500       100.00
07/22/08   Adam Hanover   Litigation support    E-mail from counsel re: fraud conveyance claim.                             0.10    500        50.00
07/23/08   Adam Hanover   Bus anal - cash       Prepare open issue e-mail to S. Rivera.                                     0.30    500       150.00
                          collateral
07/23/08   Adam Hanover   Bus anal - cash       Update bank certification analysis.                                         0.40    500       200.00
                          collateral
07/23/08   Adam Hanover   Bus anal - cash       Prepare e-mail to S. Rivera re: bank certification analysis.                0.40    500       200.00
                          collateral
07/23/08   Adam Hanover   Bus anal - cash       Telephone conference with M. Towers re: certification issues.               0.30    500       150.00
                          collateral
07/23/08   Adam Hanover   Bus anal - cash       Review and analyze new bank certifications and update bank                  2.10    500     1,050.00
                          collateral            certification analysis.
07/23/08   Adam Hanover   Bus anal - cash       Prepare e-mail to B. Katz re: bank certification open issues.               0.30    500       150.00
                          collateral
07/23/08   Adam Hanover   Litigation support    Telephone conference with A. Barnes re: document request issues.            0.30    500       150.00

07/23/08   Adam Hanover   Litigation support    Telephone conference with A. Barnes re: access to debtor's database.        0.20    500       100.00

07/23/08   Adam Hanover   Litigation support    Review Interlinks documents.                                                0.20    500       100.00
07/24/08   Adam Hanover   Bus anal - cash       Update bank certification analysis.                                         0.30    500       150.00
                          collateral
07/24/08   Adam Hanover   Bus anal - cash       Review bank 10Q re: certification analysis                                  0.40    500       200.00
                          collateral
07/24/08   Adam Hanover   Bus anal - cash       Prepare e-mail to S. Rivera re: bank certifications                         0.20    500       100.00
                          collateral
07/24/08   Adam Hanover   Litigation support    Meeting with staff re: core insolvency analysis and relationship with       1.10    500       550.00
                                                various corporate entities.
07/24/08   Adam Hanover   Litigation support    Attention to insolvency analysis                                            0.30    500       150.00
07/24/08   Adam Hanover   Litigation support    Discussion with B. Katz re: corporate organization chart and impact on      0.50    500       250.00
                                                insolvency analysis.
07/24/08   Adam Hanover   Litigation support    Review and analyze various debtor document indices                          1.60    500       800.00
07/24/08   Adam Hanover   Litigation support    Telephone conference with counsel, Moelis, RCLCO re: document               0.70    500       350.00
                                                request and HSP/essebase issues
07/24/08   Adam Hanover   Litigation support    Attention to intercompany notes issues                                      0.60    500       300.00
07/24/08   Adam Hanover   Litigation support    Email among professionals re: delays in Debtors document production.        0.30    500       150.00

07/24/08   Adam Hanover   Litigation support    Review emails to/from Debtor re: meeting to address intercompany            0.20    500       100.00
                                                analysis.
07/24/08   Adam Hanover   Litigation support    Attention to analysis of committee document requests.                       0.30    500       150.00
07/25/08   Adam Hanover   Bus anal - business   Attention to JHC business plan overview for committee                       0.60    500       300.00
                          plan
07/25/08   Adam Hanover   Bus anal - business   Review articles re: Home Sales                                              0.30    500       150.00
                          plan
07/25/08   Adam Hanover   Litigation support    Attention to Debtors document production                                    0.80    500       400.00
07/25/08   Adam Hanover   Litigation support    Emails with professionals re: scheduling issues.                            0.20    500       100.00
07/25/08   Adam Hanover   Litigation support    Attention to Bank certification related analysis and emails, update         1.70    500       850.00
                                                analysis
07/25/08   Adam Hanover   Litigation support    Review Robbins Russell priority list issues.                                0.40    500       200.00
07/25/08   Adam Hanover   Litigation support    Review intercompany loans                                                   1.30    500       650.00
07/28/08   Adam Hanover   Bus anal - business   Review cash variance analysis                                               0.30    500       150.00
                          plan
07/28/08   Adam Hanover   Bus anal - business   Review Summer Pointe sale analysis                                          0.20    500       100.00
                          plan
07/28/08   Adam Hanover   Bus anal - cash       Review bank certifications, prepare objections                              0.40    500       200.00
                          collateral
07/28/08   Adam Hanover   Bus anal - cash       Receipt and review of emails to/from S. Rivera regarding certifications     0.40    500       200.00
                          collateral
07/28/08   Adam Hanover   Litigation support    Meeting with C. Cropley re: debtors document review                         0.30    500       150.00


                                                                     Page 7
                 Case 08-10928-JKO                Document 2063                  Filed 10/31/2008                  Page 9 of 71
                                                          TOUSA, Inc., et al                                                        Exhibit "4"
                                                      Case No. 08-10928 (JKO)
                                   J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional   Activity                                             Description                               Hours    Rate      Fee
07/28/08   Adam Hanover   Litigation support    Meeting with J. Smith re: intercompany analysis                            0.10    500        50.00
07/28/08   Adam Hanover   Litigation support    Email Counsel re: committee agenda                                         0.10    500        50.00
07/28/08   Adam Hanover   Litigation support    Update certification analysis, review and analyze updated document         1.10    500       550.00
                                                indices
07/28/08   Adam Hanover   Litigation support    Attention to Interlinks documents                                          0.30    500       150.00
07/28/08   Adam Hanover   Litigation support    Receipt and review of emails regarding web based document                  0.30    500       150.00
                                                management procedures and process.
07/28/08   Adam Hanover   Litigation support    Receipt and review of emails re: Taconic objection                         0.10    500        50.00
07/28/08   Adam Hanover   Litigation support    Review document priority analysis                                          0.40    500       200.00
07/28/08   Adam Hanover   Litigation support    Telephone conference with K. Clancy re: document priority analysis         0.30    500       150.00

07/28/08   Adam Hanover   Litigation support    Attention to Interlinks documents                                          0.30    500       150.00
07/28/08   Adam Hanover   Litigation support    Review and analyzed documents produced by Debtors.                         3.40    500     1,700.00
07/28/08   Adam Hanover   Litigation support    Emails to B. Katz and K. Clancy re: documents produced by Debtors.         0.20    500       100.00

07/29/08   Adam Hanover   Bus anal - cash       Review and analyze bank certification issues, review and revise            1.30    500       650.00
                          collateral            certification analysis
07/29/08   Adam Hanover   Bus anal - cash       Telephone conference with B. Katz and M. Wyse re: certification            0.40    500       200.00
                          collateral            analysis
07/29/08   Adam Hanover   Bus anal - cash       Attention to emails re: bank certifications                                0.30    500       150.00
                          collateral
07/29/08   Adam Hanover   Bus anal - cash       Telephone conference with S. Rivera re: bank certifications                0.20    500       100.00
                          collateral
07/29/08   Adam Hanover   Bus anal - cash       Telephone conference with Taconic and S. Rivera re: bank                   0.20    500       100.00
                          collateral            certifications
07/29/08   Adam Hanover   Litigation support    Prepare for meeting with counsel re: document requests and                 0.40    500       200.00
                                                documents produced to date
07/29/08   Adam Hanover   Litigation support    Status update re: documents produced to date                               0.40    500       200.00
07/29/08   Adam Hanover   Litigation support    Participate in conference call among JHC, RCLCO, Robbins, Russell          1.00    500       500.00
                                                and Moelis to review requests and documents produced to date

07/29/08   Adam Hanover   Litigation support    Telephone conference with A. Barnes re: reviewed documents                 0.50    500       250.00
                                                produced to date
07/29/08   Adam Hanover   Litigation support    Meeting with B. Katz re: recent documents produced by Counsel              0.30    500       150.00
07/29/08   Adam Hanover   Litigation support    Meeting with staff re: core insolvency analysis                            0.40    500       200.00
07/29/08   Adam Hanover   Litigation support    Review and analyze Debtor produced documents                               1.80    500       900.00
07/30/08   Adam Hanover   Bus anal - business   Review consolidated f/s provided by Debtor                                 0.30    500       150.00
                          plan
07/30/08   Adam Hanover   Bus anal - cash       Update bank certification analysis and control chart, review and           1.70    500       850.00
                          collateral            analyze new lender schedule
07/30/08   Adam Hanover   Bus anal - cash       Meeting with B. Katz re: bank certification analysis                       0.20    500       100.00
                          collateral
07/30/08   Adam Hanover   Bus anal - cash       Prepare emails re: bank certification analysis                             0.20    500       100.00
                          collateral
07/30/08   Adam Hanover   Bus anal - cash       Telephone conference with counsel re bank certifications                   0.10    500            50.00
                          collateral
07/30/08   Adam Hanover   Litigation support    Review chart re: committee requests that can be satisfied with HSP         0.30    500       150.00

07/30/08   Adam Hanover   Litigation support    Meetings with staff re: document review procedures                         0.70    500       350.00
07/30/08   Adam Hanover   Litigation support    Prepare email to K. Clancy re: document review status                      0.10    500        50.00
07/30/08   Adam Hanover   Litigation support    Attention to document review                                               5.10    500     2,550.00
07/30/08   Adam Hanover   Litigation support    Telephone conference with LLM re: document software analysis               0.50    500       250.00

07/30/08   Adam Hanover   Litigation support    Receipt and review of emails to/from committee and debtor counsel re:      0.20    500       100.00
                                                document production and response from B. Katz
07/30/08   Adam Hanover   Litigation support    Attention to Interlinks documents                                          0.20    500       100.00
07/30/08   Adam Hanover   Litigation support    Meetings with P. Barry re: intercompany analysis                           0.20    500       100.00
07/31/08   Adam Hanover   Bus anal - business   Meeting with B. Katz re: consolidating trial balance                       0.30    500       150.00
                          plan
07/31/08   Adam Hanover   Bus anal - business   Receipt and review of email and telephone call with A. Benbrook re:        0.20    500       100.00
                          plan                  meeting with counsel
07/31/08   Adam Hanover   Bus anal - cash       Receipt and review of email to/from KZC re: certification and bank         0.30    500       150.00
                          collateral            payments
07/31/08   Adam Hanover   Bus anal - cash       Receipt and review of emails re: payment to approved banks (re:            0.40    500       200.00
                          collateral            certifications)
07/31/08   Adam Hanover   Litigation support    Forward revised priority schedule to A. Barnes                             0.10    500        50.00
07/31/08   Adam Hanover   Litigation support    Telephone conference with Russell Robbins, JHC and Moelis re:              0.90    500       450.00
                                                document production


                                                                     Page 8
                Case 08-10928-JKO                Document 2063                  Filed 10/31/2008                 Page 10 of 71
                                                          TOUSA, Inc., et al                                                         Exhibit "4"
                                                      Case No. 08-10928 (JKO)
                                   J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional   Activity                                              Description                               Hours    Rate     Fee
07/31/08   Adam Hanover   Litigation support    Attention to E&Y potential discovery                                        0.60    500       300.00
07/31/08   Adam Hanover   Litigation support    Receipt and review of email with A. Barnes re: logistic issues              0.20    500       100.00
07/31/08   Adam Hanover   Litigation support    Receipt and review of email to debtor re: discovery issues                  0.10    500        50.00
07/31/08   Adam Hanover   Litigation support    Meeting with staff re: discovery issues and document review                 0.60    500       300.00
07/31/08   Adam Hanover   Litigation support    Review debtor document production                                           5.80    500     2,900.00
07/31/08   Adam Hanover   Litigation support    Review final bank payment analysis                                          0.30    500       150.00
07/31/08   Adam Hanover   Litigation support    Attention to correspondence re: debtor's production issues                  0.50    500       250.00
08/01/08   Adam Hanover   Litigation support    E-mail with K. Clancy re: E&Y documents.                                    0.10    500        50.00
08/01/08   Adam Hanover   Litigation support    Attention to Interlinks documents.                                          0.20    500       100.00
08/01/08   Adam Hanover   Litigation support    Review debtor memo to file re: T.E. transaction.                            0.50    500       250.00
08/01/08   Adam Hanover   Litigation support    Review counsel letter to debtor re: document production.                    0.30    500       150.00
08/01/08   Adam Hanover   Litigation support    Meeting with staff re: T/B 7/31/08 review.                                  0.70    500       350.00
08/01/08   Adam Hanover   Litigation support    Review and analyze corporate B/S.                                           2.10    500     1,050.00
08/01/08   Adam Hanover   Litigation support    Review and analyze corporate consolidation B/S's.                           2.30    500     1,150.00
08/01/08   Adam Hanover   Litigation support    Review and analyze inter-company balances.                                  1.80    500       900.00
08/04/08   Adam Hanover   Bus anal - cash       Attention to bank certification issues.                                     0.20    500       100.00
                          collateral
08/04/08   Adam Hanover   Bus anal - cash       Review cash flow analysis and variance.                                     0.20    500       100.00
                          collateral
08/04/08   Adam Hanover   Litigation support    Meetings with B. Katz and K. Clancy re: review trial balance.               3.40    500     1,700.00
08/04/08   Adam Hanover   Litigation support    Meeting with K. Clancy to prepare for inter-company presentation by         1.10    500       550.00
                                                debtors.
08/04/08   Adam Hanover   Litigation support    Review and analyze inter-company notes and related inter-company            1.50    500       750.00
                                                balances.
08/04/08   Adam Hanover   Litigation support    Review trial balance questions and issues.                                  1.10    500       550.00
08/04/08   Adam Hanover   Litigation support    Review e-mail from counsel re: REDACTED                                     0.10    500        50.00
08/04/08   Adam Hanover   Litigation support    Telephone conference with counsel re: committee requests.                   0.40    500       200.00
08/04/08   Adam Hanover   Litigation support    E-mails re: HSP document responsive to committee requests.                  0.20    500       100.00
08/04/08   Adam Hanover   Litigation support    Meeting with staff re: review of debtors documents.                         0.30    500       150.00
08/04/08   Adam Hanover   Litigation support    Review debtor's letter re: committee's document requests.                   0.30    500       150.00
08/05/08   Adam Hanover   Bus anal - business   Review MP plan proposal analysis. REDACTED                                  0.20    500       100.00
                          plan
08/05/08   Adam Hanover   Bus anal - cash       Review and analyze updated lender schedule.                                 0.40    500       200.00
                          collateral
08/05/08   Adam Hanover   Bus anal - cash       Update bank certification analysis and control regarding new lender         1.10    500       550.00
                          collateral            schedule.
08/05/08   Adam Hanover   Bus anal - cash       E-mails and telephone calls with bank counsel re: revised lender            0.60    500       300.00
                          collateral            schedule and payment to banks.
08/05/08   Adam Hanover   Bus anal - cash       E-mail to A. Hede and M. Wyse re: revised certification analysis for        0.30    500       150.00
                          collateral            new lender schedule.
08/05/08   Adam Hanover   Litigation support    Review inter-company presentation.                                          1.40    500       700.00
08/05/08   Adam Hanover   Litigation support    Professional meeting to discuss document requests REDACTED                  1.50    500       750.00

08/05/08   Adam Hanover   Litigation support    Attend debtor's inter-company presentation.                                 2.00    500     1,000.00
08/05/08   Adam Hanover   Litigation support    Meeting with counsel to discuss debtor's inter-company presentation.        1.00    500       500.00

08/05/08   Adam Hanover   Litigation support    Attention to Interlinks documents.                                          0.20    500       100.00
08/05/08   Adam Hanover   Litigation support    Review MTN summaries for committee.                                         0.20    500       100.00
08/05/08   Adam Hanover   Litigation support    Review/research review of solvency opinions.                                0.40    500       200.00
08/05/08   Adam Hanover   Litigation support    Review various MTN summaries.                                               0.20    500       100.00
08/06/08   Adam Hanover   Bus anal - business   Review Broadpoint presentation to unsecured creditor committee.             0.40    500       200.00
                          plan                  REDACTED
08/06/08   Adam Hanover   Bus anal - cash       E-mail to/from Kroll re: revised bank lender file.                          0.20    500       100.00
                          collateral
08/06/08   Adam Hanover   Bus anal - cash       Review new bank certifications, review new bank financial documents,        1.80    500       900.00
                          collateral            review and analyze related e-mails.
08/06/08   Adam Hanover   Bus anal - cash       Revise and update bank certification control and analysis chart.            2.30    500     1,150.00
                          collateral
08/06/08   Adam Hanover   Bus anal - cash       Attention to bank loan status pre and post bank paydown - approved          0.60    500       300.00
                          collateral            and non-approved bank lenders.
08/06/08   Adam Hanover   Bus anal - cash       E-mails and telephone conferences with S. Rivera re: bank certification     0.40    500       200.00
                          collateral            status and issues.
08/06/08   Adam Hanover   Bus anal - cash       E-mails to B. Katz, M. Wyse, A. Hede regarding bank certification           0.30    500       150.00
                          collateral            status.
08/06/08   Adam Hanover   Litigation support    Attention to Interlinks documents.                                          0.30    500       150.00
08/06/08   Adam Hanover   Litigation support    Review MTN summaries from counsel.                                          0.30    500       150.00
08/06/08   Adam Hanover   Litigation support    Attention to requests from Moelis re: legal entity, financial data.         0.40    500       200.00
08/06/08   Adam Hanover   Litigation support    Review debtor's document production.                                        1.30    500       650.00


                                                                     Page 9
                Case 08-10928-JKO               Document 2063                 Filed 10/31/2008              Page 11 of 71
                                                          TOUSA, Inc., et al                                                      Exhibit "4"
                                                      Case No. 08-10928 (JKO)
                                   J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional   Activity                                          Description                                Hours    Rate     Fee
08/07/08   Adam Hanover   Litigation support   Meeting with B. Katz, K. Clancy regarding solvency, document review       5.00    500     2,500.00
                                               and solvency strategy.
08/07/08   Adam Hanover   Litigation support   Telephone conference with B. Katz, K. Clancy and counsel re: agenda       0.90    500       450.00
                                               for meeting with Robbins Russell.
08/07/08   Adam Hanover   Litigation support   Telephone conference with counsel re: E&Y document requests.              0.40    500       200.00

08/07/08   Adam Hanover   Litigation support   Attention to e-mails re: E&Y document requests.                           0.30    500       150.00
08/07/08   Adam Hanover   Litigation support   Review operating performance metrics.                                     0.20    500       100.00
08/07/08   Adam Hanover   Litigation support   Telephone conference with A. Benbrook, B.J. Hinson, B. Katz, K.           0.70    500       350.00
                                               Clancy re: solvency analysis procedures.
08/07/08   Adam Hanover   Litigation support   Review letter from Robbins Russell to debtor re: document production      0.30    500       150.00
                                               status and issues.
08/07/08   Adam Hanover   Litigation support   Review MTN summary - GE.                                                  0.30    500       150.00
08/07/08   Adam Hanover   Litigation support   Meeting with staff re: trial balance analysis.                            0.40    500       200.00
08/07/08   Adam Hanover   Litigation support   Attention to trial balance analysis.                                      1.30    500       650.00
08/08/08   Adam Hanover   Litigation support   Discussion with K. Clancy and RCLCO re: inventory valuation methods       0.90    500       450.00
                                               REDACTED
08/08/08   Adam Hanover   Litigation support   Meeting with K. Clancy re: corporate entity balance sheet review.         1.00    500       500.00
08/08/08   Adam Hanover   Litigation support   Meeting with staff re: balance sheet review and analysis.                 1.20    500       600.00
08/08/08   Adam Hanover   Litigation support   Attention to balance sheet analysis.                                      1.90    500       950.00
08/08/08   Adam Hanover   Litigation support   Review additional electronic documents provided by debtor.                1.00    500       500.00
08/08/08   Adam Hanover   Litigation support   Review real estate audit form checklist.                                  0.30    500       150.00
08/08/08   Adam Hanover   Litigation support   Attention to Interlinks documents.                                        0.20    500       100.00
08/10/08   Adam Hanover   Litigation support   Review correspondence from debtor to Robbins Russell re: electronic       0.60    500       300.00
                                               document production and e-mails among professionals regarding
                                               same.
08/10/08   Adam Hanover   Litigation support   Telephone conference among professionals to discuss electronic            0.50    500       250.00
                                               document production.
08/10/08   Adam Hanover   Litigation support   Meeting with K. Clancy to prepare for meeting with counsel to address     0.60    500       300.00
                                               balance sheet analysis.
08/10/08   Adam Hanover   Litigation support   Meeting with staff to review balance sheet analysis.                      0.50    500       250.00
08/10/08   Adam Hanover   Litigation support   Prepare questions regarding consolidated and consolidating trial          1.10    500       550.00
                                               balance.
08/10/08   Adam Hanover   Litigation support   Review and analyze trial balance analysis.                                0.70    500       350.00
08/10/08   Adam Hanover   Litigation support   E-mails with A. Benbrook re: committee's document requests.               0.30    500       150.00
08/11/08   Adam Hanover   Bus anal - cash      Review bank certification analysis, forward same to A. Hede and M.        0.70    500       350.00
                          collateral           Wyse.
08/11/08   Adam Hanover   Litigation support   Meeting with staff to review debtor's historical projections.             0.60    500       300.00
08/11/08   Adam Hanover   Litigation support   Review letter from debtor to Robbins Russell re: HSP/Essbase access.      0.30    500       150.00

08/11/08   Adam Hanover   Litigation support   Attention to Interlinks documents.                                        0.30    500       150.00
08/11/08   Adam Hanover   Litigation support   Review and revise balance sheet analysis.                                 1.30    500       650.00
08/11/08   Adam Hanover   Litigation support   Prepare more detailed document request listing.                           0.80    500       400.00
08/11/08   Adam Hanover   Litigation support   Meeting with K. Clancy regarding balance sheet analysis.                  0.30    500       150.00
08/11/08   Adam Hanover   Litigation support   Attention to cash flow variance analysis.                                 0.30    500       150.00
08/11/08   Adam Hanover   Litigation support   Meeting among professionals to discuss document requests.                 4.00    500     2,000.00
08/11/08   Adam Hanover   Litigation support   Review committee's motion to compel.                                      0.50    500       250.00
08/12/08   Adam Hanover   Litigation support   Meeting among professionals to discuss committee's document               1.50    500       750.00
                                               requests.
08/12/08   Adam Hanover   Litigation support   Meeting among professionals to discuss strategy and balance sheet         5.20    500     2,600.00
                                               analysis.
08/12/08   Adam Hanover   Litigation support   Attention to debtor's historical business plans.                          0.50    500       250.00
08/12/08   Adam Hanover   Litigation support   Attention to Interlinks documents.                                        0.20    500       100.00
08/12/08   Adam Hanover   Litigation support   Review Matlin proposal to committee. REDACTED                             0.40    500       200.00
08/12/08   Adam Hanover   Litigation support   Attention to balance sheet analysis review.                               0.30    500       150.00
08/13/08   Adam Hanover   Bus anal - cash      Attention to Bank of the West certification. REDACTED                     0.30    500       150.00
                          collateral
08/13/08   Adam Hanover   Litigation support   Meeting with staff re: analysis of debtor's projections.                  0.40    500       200.00
08/13/08   Adam Hanover   Litigation support   Conference call among professionals regarding upcoming MTN to             0.90    500       450.00
                                               compel access to HSP/Essbase.
08/13/08   Adam Hanover   Litigation support   Review debtor's historical projections.                                   0.40    500       200.00
08/13/08   Adam Hanover   Litigation support   Review debtor's 2007 10K.                                                 0.30    500       150.00
08/13/08   Adam Hanover   Litigation support   Meeting with staff regarding debtor's 10K.                                0.30    500       150.00
08/14/08   Adam Hanover   Bus anal - cash      Attention to bank certifications and review recent submission and         1.50    500       750.00
                          collateral           financial documents, e-mails re: same.
08/14/08   Adam Hanover   Litigation support   Review and analyze document requests and revise same.                     0.80    500       400.00
08/14/08   Adam Hanover   Litigation support   Telephone conference with A. Benbrook re: revisions to document           0.30    500       150.00
                                               requests.


                                                                  Page 10
                Case 08-10928-JKO                 Document 2063                   Filed 10/31/2008               Page 12 of 71
                                                          TOUSA, Inc., et al                                                          Exhibit "4"
                                                      Case No. 08-10928 (JKO)
                                   J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional   Activity                                               Description                               Hours    Rate      Fee
08/14/08   Adam Hanover   Litigation support     Meeting with staff re: balance sheet legal entity analysis.                 0.50    500       250.00
08/14/08   Adam Hanover   Litigation support     Meeting with staff re: inter-company analysis.                              0.60    500       300.00
08/14/08   Adam Hanover   Litigation support     Meeting with K. Clancy re: document request issues.                         0.30    500       150.00
08/14/08   Adam Hanover   Litigation support     Attention to Interlinks documents.                                          0.30    500       150.00
08/14/08   Adam Hanover   Litigation support     Meeting and e-mails with staff regarding protective order.                  0.30    500       150.00
08/14/08   Adam Hanover   Litigation support     Prepare for question and answer session with debtor.                        0.50    500       250.00
08/15/08   Adam Hanover   Bus anal - cash        Attention to bank certification review, including e-mails and telephone     0.60    500       300.00
                          collateral             calls addressing same.
08/15/08   Adam Hanover   Litigation support     Prepare for Q&A session with debtor.                                        0.50    500       250.00
08/15/08   Adam Hanover   Litigation support     Meeting with staff to prepare for Q&A session with debtor.                  1.00    500       500.00
08/15/08   Adam Hanover   Litigation support     Telephone calls among committee professionals to discuss Q&A                0.90    500       450.00
                                                 session with debtor and Motion to Compel.
08/15/08   Adam Hanover   Litigation support     Attention to review of debtor's documents and documents in native           1.10    500       550.00
                                                 form.
08/15/08   Adam Hanover   Litigation support     Address Confidentiality Order with staff, review and organize staff         0.40    500       200.00
                                                 certifications.
08/15/08   Adam Hanover   Litigation support     Attention to corporate legal entity solvency analysis.                      0.90    500       450.00
08/17/08   Adam Hanover   Litigation support     Review Citicorp document requests.                                          0.30    500       150.00
08/17/08   Adam Hanover   Litigation support     Review special Board of Director minutes.                                   0.30    500       150.00
08/17/08   Adam Hanover   Litigation support     Review Kirkland letter re: HSP to access.                                   0.10    500        50.00
08/17/08   Adam Hanover   Litigation support     Review e-mails re: scheduling Q&A session with debtors.                     0.10    500        50.00
08/17/08   Adam Hanover   Litigation support     Review e-mails re: certain documents REDACTED                               0.10    500        50.00
08/18/08   Adam Hanover   Bus anal - cash        Review Bank of the West correspondence. REDACTED                            0.10    500        50.00
                          collateral
08/18/08   Adam Hanover   Litigation support     Review e-mails among professionals re: Q&A session with debtors.            0.20    500       100.00

08/18/08   Adam Hanover   Litigation support     Attention to Interlinks documents.                                          0.20    500       100.00
08/18/08   Adam Hanover   Litigation support     Review MTN summaries.                                                       0.30    500       150.00
08/19/08   Adam Hanover   Bus anal - cash        Review bank certification supplement and analyze same.                      0.30    500       150.00
                          collateral
08/19/08   Adam Hanover   Litigation support     Review MP proposal presentation. REDACTED                                   0.30    500       150.00
08/19/08   Adam Hanover   Litigation support     Review counsel letter re: HSP access.                                       0.10    500        50.00
08/19/08   Adam Hanover   Litigation support     Review e-mails re: Q&A session.                                             0.10    500        50.00
08/19/08   Adam Hanover   Litigation support     Review Chadbourne letter re: requests for documents.                        0.30    500       150.00
08/19/08   Adam Hanover   Litigation support     Review e-mails re: HSP access issues.                                       0.20    500       100.00
08/20/08   Adam Hanover   Bus anal - business    Review MTN summaries from counsel.                                          0.20    500       100.00
                          plan
08/20/08   Adam Hanover   Litigation support     Review e-mails re: Q&A session.                                             0.10    500        50.00
08/21/08   Adam Hanover   Bus anal - business    Review MTN summaries.                                                       0.20    500       100.00
                          plan
08/21/08   Adam Hanover   Litigation support     Review documents to discuss at Q&A session.                                 0.20    500       100.00
08/21/08   Adam Hanover   Litigation support     Review documents in native format.                                          0.20    500       100.00
08/21/08   Adam Hanover   Litigation support     Review proposed Essbase access order and related e-mails.                   0.20    500       100.00
08/22/08   Adam Hanover   Litigation support     Attention to issue related to proposed Essbase order.                       0.20    500       100.00
08/22/08   Adam Hanover   Litigation support     Attention to Alix/Lehman document production.                               0.10    500        50.00
08/24/08   Adam Hanover   Litigation support     Review e-mails re: meet and scheduling.                                     0.20    500       100.00
08/25/08   Adam Hanover   Bus anal - cash        Review bank certifications supplement and revise analysis.                  0.90    500       450.00
                          collateral
08/25/08   Adam Hanover   Bus anal - cash        Meeting with B. Katz re: bank certification.                                0.10    500            50.00
                          collateral
08/25/08   Adam Hanover   Litigation support     Attention to confidential order issues.                                     0.20    500       100.00
08/25/08   Adam Hanover   Litigation support     Review additional debtor documents.                                         0.60    500       300.00
08/25/08   Adam Hanover   Litigation support     Meeting with B. Katz re: Alix Partners documents. REDACTED                  1.70    500       850.00
08/25/08   Adam Hanover   Litigation support     Review and analyze debtors' 7/31/07 projection.                             2.10    500     1,050.00
08/25/08   Adam Hanover   Litigation support     Review Alix Partners documents REDACTED.                                    2.20    500     1,100.00
08/25/08   Adam Hanover   Litigation support     Review debtors' native form documents.                                      0.20    500       100.00
08/25/08   Adam Hanover   Litigation support     Meeting with staff re: debtors' Q&A session.                                0.20    500       100.00
08/25/08   Adam Hanover   Litigation support     Meeting with staff re: document review and investigation status.            0.40    500       200.00
08/26/08   Adam Hanover   Litigation support     Meeting with staff to review debtor's 7/31/07 projection.                   0.40    500       200.00
08/26/08   Adam Hanover   Litigation support     Meeting with B. Katz and K. Clancy re: Alix Partners documents and          3.50    500     1,750.00
                                                 insolvency analysis. REDACTED
08/26/08   Adam Hanover   Litigation support     Meeting with RCLCO, J. H. Cohn, Moelis re: Alix Partners documents          3.50    500     1,750.00
                                                 and insolvency analysis. REDACTED
08/26/08   Adam Hanover   Litigation support     Telephone conference among J. H. Cohn, counsel, RCLCO, & Moelis             0.80    500       400.00
                                                 re: investigation status.
08/26/08   Adam Hanover   Litigation support     Review cash flow analysis and variance.                                     0.20    500       100.00
08/26/08   Adam Hanover   Litigation support     Telephone conference with K. Clancy and B.J. Hinson re: investigation       0.60    500       300.00
                                                 status and insolvency analysis.
08/26/08   Adam Hanover   Meeting of creditors   Participate in professional pre-call and committee weekly call.             0.40    500       200.00

                                                                      Page 11
                 Case 08-10928-JKO               Document 2063                   Filed 10/31/2008                Page 13 of 71
                                                           TOUSA, Inc., et al                                                     Exhibit "4"
                                                       Case No. 08-10928 (JKO)
                                    J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional    Activity                                             Description                            Hours    Rate      Fee
08/27/08   Adam Hanover    Bus anal - cash      Telephone conference with Bank of the West re: supplemental              0.20    500       100.00
                           collateral           documents to support certification. REDACTED
08/27/08   Adam Hanover    Bus anal - cash      Attention to bank certification e-mail from Chadbourne.                  0.10    500            50.00
                           collateral
08/27/08   Adam Hanover    Litigation support   Review Citibank MTN to dismiss revolver claims.                          0.70    500       350.00
08/27/08   Adam Hanover    Litigation support   Review 2nd lien MTN to dismiss.                                          1.30    500       650.00
08/27/08   Adam Hanover    Litigation support   Forward projections and inter-company analysis to B.J. Hinson.           0.30    500       150.00
08/27/08   Adam Hanover    Litigation support   Review debtors' objections to document requests.                         0.40    500       200.00
08/27/08   Adam Hanover    Litigation support   Review and analyze mapping analysis (organization chart to trial         0.40    500       200.00
                                                balance).
08/27/08   Adam Hanover    Litigation support   Review and analyze inter-company related issue.                          0.30    500       150.00
08/27/08   Adam Hanover    Litigation support   Meeting with staff re: mapping analysis.                                 0.30    500       150.00
08/27/08   Adam Hanover    Litigation support   Prepare for Q&A session with debtors.                                    0.50    500       250.00
08/27/08   Adam Hanover    Litigation support   Review and revise trial balance questions for debtor.                    0.40    500       200.00
08/27/08   Adam Hanover    Litigation support   Prepare e-mail to counsel re: Q&A session.                               0.40    500       200.00
08/27/08   Adam Hanover    Litigation support   Attention to debtor's document production.                               0.80    500       400.00
08/27/08   Adam Hanover    Litigation support   Review Alix Partners documents. REDACTED                                 1.20    500       600.00
08/27/08   Adam Hanover    Litigation support   Meeting with staff re: 7/31/07 projection analysis.                      0.30    500       150.00
08/27/08   Adam Hanover    Litigation support   Attention to document indexing procedure and e-mail re: same.            0.30    500       150.00
08/27/08   Adam Hanover    Litigation support   Attention to database access procedure and letter from Kirkland          0.30    500       150.00
                                                regarding same.
08/28/08   Adam Hanover    Litigation support   Attention to e-mails regarding proposed Q&A session with debtors.        0.20    500       100.00

08/28/08   Adam Hanover    Litigation support   Attention to e-mails regarding HSP/Essbase access and procedures.        0.20    500       100.00

08/28/08   Adam Hanover    Litigation support   Prepare listing of J. H. Cohn HSP/Essbase users.                         0.40    500       200.00
08/28/08   Adam Hanover    Litigation support   Review e-mails to/from B.J. Hinson re: 7/31/07 debtor projections.       0.20    500       100.00

08/28/08   Adam Hanover    Litigation support   Attention to corporate organization chart.                               0.40    500       200.00
08/28/08   Adam Hanover    Litigation support   Telephone conference with B. Katz and Moelis re: meeting with debtor     0.40    500       200.00
                                                re: solvency issues.
08/28/08   Adam Hanover    Litigation support   Investigate corporate level Essbase reports.                             0.30    500       150.00
08/28/08   Adam Hanover    Litigation support   Review letters from debtor re: Q&A session and Essbase/HSP issues,       0.20    500       100.00
                                                and related e-mail from counsel.
08/29/08   Adam Hanover    Litigation support   Meeting with staff re: review debtor documents including native form     0.80    500       400.00
                                                documents, and debtor's 7/31/07 projection.
08/29/08   Adam Hanover   Litigation support    Review debtor 2008 corporate bonus plan.                                 0.40    500       200.00
08/29/08   Adam Hanover   Litigation support    Attention to Interlinks documents.                                       0.40    500       200.00
08/29/08   Adam Hanover   Litigation support    Attention to native form documents.                                      0.60    500       300.00
           Adam Hanover Total                                                                                          398.00          199,000.00
06/05/08   Alicia Marucci Bus anal - business   Tousa meeting                                                            1.50    250       375.00
                          plan
06/12/08   Alicia Marucci Bus anal - business   Reformat Southern Trails #10340 job cost testing                         0.30    250            75.00
                          plan
06/12/08   Alicia Marucci Bus anal - business   Reformat Independence Trail job cost testing                             0.30    250            75.00
                          plan
06/12/08   Alicia Marucci Bus anal - business   BellaTerra #118 job cost testing                                         0.40    250       100.00
                          plan
06/12/08   Alicia Marucci Bus anal - business   BellaTerra #113 job cost testing                                         0.50    250       125.00
                          plan
06/12/08   Alicia Marucci Bus anal - business   Southern Trails #10605 - job cost testing                                0.90    250       225.00
                          plan
06/12/08   Alicia Marucci Bus anal - business   Format Gross Profit analysis excel file - Austin.                        1.60    250       400.00
                          plan
06/13/08   Alicia Marucci Bus anal - business   Prepare/review Texas Houston Trophy Enclave at Southern Trails           0.30    250            75.00
                          plan
06/13/08   Alicia Marucci Bus anal - business   Rogers Ranch job #174 job cost testing                                   0.30    250            75.00
                          plan
06/13/08   Alicia Marucci Bus anal - business   4 Rogers Ranch #199 job cost testing                                     0.30    250            75.00
                          plan
06/13/08   Alicia Marucci Bus anal - business   Rogers Ranch job #177 job cost testing                                   0.30    250            75.00
                          plan
06/13/08   Alicia Marucci Bus anal - business   Rogers ranch job #197 job cost testing                                   0.50    250       125.00
                          plan
06/13/08   Alicia Marucci Bus anal - business   Gross profit analysis - Austin complete formatting excel file.           4.70    250     1,175.00
                          plan
06/16/08   Alicia Marucci Bus anal - business   Jacksonville job cost testing                                            6.30    250     1,575.00
                          plan


                                                                     Page 12
                 Case 08-10928-JKO                  Document 2063                   Filed 10/31/2008              Page 14 of 71
                                                            TOUSA, Inc., et al                                                        Exhibit "4"
                                                        Case No. 08-10928 (JKO)
                                     J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional      Activity                                             Description                              Hours    Rate     Fee
06/17/08   Alicia Marucci    Bus anal - business   Austin job cost testing                                                   9.10    250     2,275.00
                             plan
06/18/08   Alicia Marucci    Bus anal - business   Austin job cost testing                                                  12.50    250     3,125.00
                             plan
06/19/08   Alicia Marucci    Bus anal - business   Austin job cost testing wrap up and open items and San Antonio job        9.90    250     2,475.00
                             plan                  cost testing
06/20/08   Alicia Marucci    Bus anal - business   San Antonio job cost testing                                              4.80    250     1,200.00
                             plan
06/23/08   Alicia Marucci    Bus anal - business   Clearing open items from San Antonio job cost testing                     7.50    250     1,875.00
                             plan
06/23/08   Alicia Marucci    Bus anal - business   Search for Unrecorded Liabilities                                         0.50    250       125.00
                             plan
06/24/08   Alicia Marucci    Bus anal - business   Clearing open items from Austin job cost testing                          5.80    250     1,450.00
                             plan
06/27/08   Alicia Marucci    Bus anal - business   Preliminary analysis workpapers for South Florida Locations               4.10    250     1,025.00
                             plan
06/30/08   Alicia Marucci    Bus anal - business   Prepare chart displaying historical bond and stock prices                 2.10    250       525.00
                             plan
           Alicia Marucci Total                                                                                             74.50           18,625.00
05/02/08   Amy Benbrook      Bus anal - business   Meeting with M. Curry and M. Lipari regarding work plan for week 5/5.     0.10    600        60.00
                             plan
05/02/08   Amy Benbrook      Bus anal - business   Review Tousa Business plan.                                               5.80    600     3,480.00
                             plan
05/02/08   Amy Benbrook      Bus anal - business   Discussion with J. Callahan on community selection process.               0.30    600       180.00
                             plan
05/04/08   Amy Benbrook      Bus anal - business   Review of cash flow models and meeting with B. Katz and K. Clancy re      3.60    600     2,160.00
                             plan                  same.
05/05/08   Amy Benbrook      Bus anal - business   General meeting with J. Callahan and M. Curry to discuss upcoming         1.00    600       600.00
                             plan                  agenda.
05/05/08   Amy Benbrook      Bus anal - business   Meeting J. Callahan and M. Lipari re testing procedures and               2.00    600     1,200.00
                             plan                  assembling teams for cost testing.
05/06/08   Amy Benbrook      Bus anal - business   General meeting at TOUSA.                                                 7.50    600     4,500.00
                             plan
05/06/08   Amy Benbrook      Bus anal - business   Discussions with J. Callahan on staffing and approach to field work.      1.00    600       600.00
                             plan
05/07/08   Amy Benbrook      Bus anal - business   General meeting at TOUSA.                                                 7.50    600     4,500.00
                             plan
05/07/08   Amy Benbrook      Bus anal - business   Review audit programs for test costs and review of cash flow model to     1.50    600       900.00
                             plan                  questions as to information flow.
05/08/08   Amy Benbrook      Bus anal - business   Develop work plan for site visits.                                        7.50    600     4,500.00
                             plan
05/09/08   Amy Benbrook      Bus anal - business   Formulate work plan for site visits.                                      6.60    600     3,960.00
                             plan
05/09/08   Amy Benbrook      Bus anal - business   Telephone conference with B. Katz and K. Clancy re workplan.              0.60    600       360.00
                             plan
05/09/08   Amy Benbrook      Bus anal - business   Telephone conferences with Jefferies, JHC and RCLCO                       1.50    600       900.00
                             plan
05/12/08   Amy Benbrook      Bus anal - business   Telephone conference with R. Robideau and K. Clancy re: business          0.50    600       300.00
                             plan                  plan cost assumptions.
05/12/08   Amy Benbrook      Bus anal - business   Discussion with M. Curry re reports needed to create ESSBASE.             1.20    600       720.00
                             plan
05/12/08   Amy Benbrook      Bus anal - business   Develop/revise work plan for site visits.                                 4.60    600     2,760.00
                             plan
05/12/08   Amy Benbrook      Bus anal - business   Conference call with Rick Robideau, Russell (Tousa) and M. Curry.         2.00    600     1,200.00
                             plan
05/13/08   Amy Benbrook      Bus anal - business   Review with J. Callahan status of project.                                1.00    600       600.00
                             plan
05/13/08   Amy Benbrook      Bus anal - business   Develop work plan with Metro Park office.                                 3.80    600     2,280.00
                             plan
05/13/08   Amy Benbrook      Bus anal - business   Discussion with Rick Robideau re HSP reports.                             4.00    600     2,400.00
                             plan
05/13/08   Amy Benbrook      Bus anal - business   Discussion with J. Callahan regarding update on presentation              1.00    600       600.00
                             plan                  attended.
05/13/08   Amy Benbrook      Bus anal - business   Met with J. Smith regarding review of corporate business model and        0.50    600       300.00
                             plan                  plan to analyze expenses.
05/13/08   Amy Benbrook      Litigation support    Meeting with A. Hanover and M. Curry to review corporate                  0.60    600       360.00
                                                   organization/divisional/community analysis re: 7/31.



                                                                        Page 13
                Case 08-10928-JKO                Document 2063                   Filed 10/31/2008                Page 15 of 71
                                                         TOUSA, Inc., et al                                                           Exhibit "4"
                                                     Case No. 08-10928 (JKO)
                                  J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional   Activity                                           Description                                   Hours    Rate      Fee
05/15/08   Amy Benbrook   Bus anal - business   Conference call with Rick Robideau to discuss HSP report.                    1.50    600       900.00
                          plan
05/16/08   Amy Benbrook   Bus anal - business   Develop work plan procedures; review reports and analyzing date.             4.60    600     2,760.00
                          plan
05/19/08   Amy Benbrook   Bus anal - business   Continue developing work plan and review of HSP reports.                     4.60    600     2,760.00
                          plan
05/20/08   Amy Benbrook   Bus anal - business   Discussion with A. Hanover regarding cash flow model information.            0.10    600            60.00
                          plan
05/20/08   Amy Benbrook   Bus anal - business   Continue updating work plan and scheduling work site visits.                 0.30    600       180.00
                          plan
05/20/08   Amy Benbrook   Bus anal - business   Meeting with M. Curry, M. Lipari and J. Garboski re work plan and            2.10    600     1,260.00
                          plan                  additional changes to be made.
05/20/08   Amy Benbrook   Litigation support    Telephone conference with A. Hanover re: intercompany analysis.              0.30    600       180.00

05/21/08   Amy Benbrook   Bus anal - business   Meeting with M. Curry, M. Lipari, J. Garboski and J. Marinino re work        1.00    600       600.00
                          plan                  plan and site visits.
05/21/08   Amy Benbrook   Bus anal - business   Review reports for job cost reports for Benington Community.                 3.50    600     2,100.00
                          plan
05/22/08   Amy Benbrook   Bus anal - business   Discussion with K. Clancy re: work scope for cost assessments.               0.50    600       300.00
                          plan
05/22/08   Amy Benbrook   Bus anal - business   Conference call with Rick Robideau re Nashville-Benington.                   0.50    600       300.00
                          plan
05/23/08   Amy Benbrook   Bus anal - business   Telephone conference with B.Katz regarding work plan.                        0.10    600            60.00
                          plan
05/23/08   Amy Benbrook   Bus anal - business   Telephone conference with staff regarding work plan and Tousa visits.        0.50    600       300.00
                          plan
05/23/08   Amy Benbrook   Bus anal - business   Telephone conference with staff regarding work plan and set up               0.20    600       120.00
                          plan                  conference call for Tuesday.
05/27/08   Amy Benbrook   Bus anal - business   Conference call with B. Katz and K. Clancy regarding work plan.              0.20    600       120.00
                          plan
05/27/08   Amy Benbrook   Bus anal - business   Conference call with B. Katz, K. Clancy and staff regarding work plan        0.50    600       300.00
                          plan                  and Nashville visit.
05/28/08   Amy Benbrook   Bus anal - business   Telephone conference with RCLCO and JHC re work plan timing.                 1.30    600       780.00
                          plan
05/30/08   Amy Benbrook   Bus anal - business   Discussion with J. Garboski and M. Curry re updating work plan and           0.20    600       120.00
                          plan                  schedule Nashville visit.
05/30/08   Amy Benbrook   Bus anal - business   Update K. Clancy on Nashville itinerary.                                     0.10    600            60.00
                          plan
06/03/08   Amy Benbrook   Bus anal - business   Analysis of workplan for Nashville community.                                0.70    600       420.00
                          plan
06/04/08   Amy Benbrook   Bus anal - business   Nashville workplan and discussion of documentation requests.                 1.10    600       660.00
                          plan
06/04/08   Amy Benbrook   Bus anal - business   Meeting with Mike and Jake re review of work plan and follow up on           2.00    600     1,200.00
                          plan                  email regarding liquidation of units and its impact on scheduled visits.

06/04/08   Amy Benbrook   Bus anal - business   Conference call with Bernie regarding sheduling and updating                 1.00    600       600.00
                          plan                  information through Lee Smith for future site visits.
06/06/08   Amy Benbrook   Bus anal - business   Analysis of sample homes for detail testing and recap.                       2.70    600     1,620.00
                          plan
06/06/08   Amy Benbrook   Bus anal - business   Review Nashville community detail testing.                                   2.50    600     1,500.00
                          plan
06/09/08   Amy Benbrook   Bus anal - business   Preparation of job cost detail testing for Houston and Austin division,      1.10    600       660.00
                          plan                  job selections for validation of costs
06/09/08   Amy Benbrook   Bus anal - business   Analysis and review of Nashville work plan, documentation of findings        4.60    600     2,760.00
                          plan
06/10/08   Amy Benbrook   Bus anal - business   Working with BJ Hinson with respect to cost analysis and validity of         5.50    600     3,300.00
                          plan                  costs for the Nashville division. Verifying sample costs validate
                                                findings. Developing workplan for overhead analysis.
06/10/08   Amy Benbrook   Bus anal - business   Producing reports for the detail testing in Tampa and Orlando                1.50    600       900.00
                          plan
06/10/08   Amy Benbrook   Bus anal - business   Selecting sample jobs for Austin and Houston divisions and generating        1.90    600     1,140.00
                          plan                  reports to send to Lee Smith
06/11/08   Amy Benbrook   Bus anal - business   Job selections for Austin and Houston preparing reports for field visits     1.50    600       900.00
                          plan
06/11/08   Amy Benbrook   Bus anal - business   Analysis of Nashville costs tested in sample and documentation of            3.70    600     2,220.00
                          plan                  differences with respect to the business plan
06/13/08   Amy Benbrook   Bus anal - business   Compiling and summarizing information into one workable schedule             3.80    600     2,280.00
                          plan                  for all communities to utilize and evaluate results.


                                                                     Page 14
                Case 08-10928-JKO                Document 2063                  Filed 10/31/2008               Page 16 of 71
                                                         TOUSA, Inc., et al                                                           Exhibit "4"
                                                     Case No. 08-10928 (JKO)
                                  J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional   Activity                                           Description                                   Hours    Rate      Fee
06/13/08   Amy Benbrook   Bus anal - business   Job selections for Phoenix and Denver site visits.                           1.50    600       900.00
                          plan
06/13/08   Amy Benbrook   Bus anal - business   Recap of Tampa field visit with J. Garboski and review of detail testing     2.10    600     1,260.00
                          plan                  results
06/13/08   Amy Benbrook   Bus anal - business   Summarize results for Nashville community and discussions of findings        0.90    600       540.00
                          plan                  with J. Garboski, K. Clancy and B. Katz
06/13/08   Amy Benbrook   Bus anal - business   Discussion with Bernie and Kevin regarding recap of findings for all         0.50    600       300.00
                          plan                  field visits
06/14/08   Amy Benbrook   Bus anal - business   Summarize results for Tampa field work                                       0.90    600       540.00
                          plan
06/14/08   Amy Benbrook   Bus anal - business   Summarize results for Orlando field visits                                   1.10    600       660.00
                          plan
06/15/08   Amy Benbrook   Bus anal - business   Reviewing summary with BJ Hinson regarding Nashville and Tampa               1.20    600       720.00
                          plan                  communities. Preparing summary schedule comparing business plan
                                                to our results
06/16/08   Amy Benbrook   Bus anal - business   Summarizing in recap document findings from Nashville, Orlando and           8.50    600     5,100.00
                          plan                  Tampa field visits
06/17/08   Amy Benbrook   Bus anal - business   Summarizing field visit results for Nashville, Tampa and Orlando             7.50    600     4,500.00
                          plan
06/17/08   Amy Benbrook   Bus anal - business   Review of analysis with B Katz, K. Clancy and M. Curry                       0.80    600       480.00
                          plan
06/18/08   Amy Benbrook   Bus anal - business   Summarizing results of field Nashville, reviewing with team leaders          7.50    600     4,500.00
                          plan                  and adjusting based on documentation and discussions

06/19/08   Amy Benbrook   Bus anal - business   Review of status of findings with M. Curry and J. Garboski                   1.10    600       660.00
                          plan
06/19/08   Amy Benbrook   Bus anal - business   Summarizing field visits for Tampa and Orlando properties, formatting        3.20    600     1,920.00
                          plan                  preliminary analysis
06/19/08   Amy Benbrook   Bus anal - business   Summarizing field visit results and comparing to business plan,              2.10    600     1,260.00
                          plan                  preparing JHC most likely scenario for all communities tested
06/19/08   Amy Benbrook   Bus anal - business   Adjustments to summary results based on BJ Hinson input and                  2.90    600     1,740.00
                          plan                  findings
06/20/08   Amy Benbrook   Bus anal - business   Summarizing preliminary findings for Nashville, Tampa and Orlando            6.80    600     4,080.00
                          plan
06/20/08   Amy Benbrook   Bus anal - business   Conference call to review Nashville - Bennington preliminary findings        0.70    600       420.00
                          plan
06/23/08   Amy Benbrook   Bus anal - business   Field visit to Phoenix division, compile reports and analyze land costs      9.00    600     5,400.00
                          plan                  on Layton Lakes
06/24/08   Amy Benbrook   Bus anal - business   Field visit in Phoenix, compiling information on Dc Ranch community,         9.30    600     5,580.00
                          plan                  interview with Cliff Soffer and Denise from Kroll regarding assumptions
                                                in business plan.
06/25/08   Amy Benbrook   Bus anal - business   Summarizing Phoenix community information regarding land, budget             3.50    600     2,100.00
                          plan                  verses actual etc
06/26/08   Amy Benbrook   Bus anal - business   Summarizing and preparing for presentation to investment bankers             5.10    600     3,060.00
                          plan                  regarding findings in Benington Community and Wind Meadows

06/27/08   Amy Benbrook   Bus anal - business   Preparing for presentation to Moelis, presentation to Moelis with            6.20    600     3,720.00
                          plan                  RCLCO on development of workplan, walk through the plan and
                                                summary of findings.
06/28/08   Amy Benbrook   Bus anal - business   Summarize and review preliminary analysis schedules for Houston              1.70    600     1,020.00
                          plan                  and Austin.
06/30/08   Amy Benbrook   Bus anal - business   Summarize test community detail testing.                                     4.40    600     2,640.00
                          plan
06/30/08   Amy Benbrook   Bus anal - business   Adjust workplan for additional information and summarize additional          2.10    600     1,260.00
                          plan                  questions with BJ Hinson
06/30/08   Amy Benbrook   Bus anal - business   Summarize findings for Phoenix communities                                   2.50    600     1,500.00
                          plan
07/01/08   Amy Benbrook   Bus anal - business   Analyze job cost to budget reports and discrepancies found ,                 3.60    600     2,160.00
                          plan                  summarized list for discussions
07/01/08   Amy Benbrook   Bus anal - business   Conference call with Rolando from Tousa and Denise from Kroll                0.80    600       480.00
                          plan                  regarding outstanding issues with Orlando division
07/01/08   Amy Benbrook   Bus anal - business   Review results of job cost testing with BJ Hinson and M Curry                3.50    600     2,100.00
                          plan
07/01/08   Amy Benbrook   Bus anal - business   Summarize a list of outstanding issues on Orlando communities tested         3.10    600     1,860.00
                          plan
07/02/08   Amy Benbrook   Bus anal - business   Analyze job cost to budget reports and discrepancies found,                  2.20    600     1,320.00
                          plan                  summarized list for discussions



                                                                    Page 15
                Case 08-10928-JKO                 Document 2063                     Filed 10/31/2008               Page 17 of 71
                                                          TOUSA, Inc., et al                                                         Exhibit "4"
                                                      Case No. 08-10928 (JKO)
                                   J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional   Activity                                             Description                                Hours    Rate     Fee
07/02/08   Amy Benbrook   Bus anal - business    Review results of job cost testing with BJ Hinson                          6.30    600     3,780.00
                          plan
07/03/08   Amy Benbrook   Bus anal - business    Analyzed job cost summaries                                                3.60    600     2,160.00
                          plan
07/03/08   Amy Benbrook   Bus anal - business    Summarize outstanding issues on Tampa community                            0.90    600       540.00
                          plan
07/05/08   Amy Benbrook   Bus anal - business    Analyzed job cost summaries                                                2.00    600     1,200.00
                          plan
07/07/08   Amy Benbrook   Bus anal - business    Review results of detail testing                                           7.20    600     4,320.00
                          plan
07/07/08   Amy Benbrook   Bus anal - business    Conference call with RCLCO regarding findings                              0.50    600       300.00
                          plan
07/07/08   Amy Benbrook   Bus anal - business    Conference call with L Smith regarding information still needed            0.70    600       420.00
                          plan
07/08/08   Amy Benbrook   Bus anal - business    Analyze results of detail community testing                               10.90    600     6,540.00
                          plan
07/09/08   Amy Benbrook   Bus anal - business    Summarize questions and outstanding issues on test communities             3.10    600     1,860.00
                          plan
07/10/08   Amy Benbrook   Bus anal - business    Review and analyze costs on test communities, summarize                    6.50    600     3,900.00
                          plan                   outstanding questions
07/11/08   Amy Benbrook   Bus anal - business    Review and analyze costs on test communities, summarize                    8.50    600     5,100.00
                          plan                   outstanding questions by community
07/12/08   Amy Benbrook   Bus anal - business    Review and analyze costs on test communities, summarize                    3.00    600     1,800.00
                          plan                   outstanding questions by community
07/13/08   Amy Benbrook   Bus anal - business    Review and analyze costs on test communities, summarize                    2.20    600     1,320.00
                          plan                   outstanding questions by community
07/14/08   Amy Benbrook   Bus anal - business    Review and analyze costs on test communities, summarize                    9.60    600     5,760.00
                          plan                   outstanding questions by community
07/15/08   Amy Benbrook   Bus anal - business    Review and analyze costs on test communities, summarize                   11.00    600     6,600.00
                          plan                   outstanding questions by community
07/16/08   Amy Benbrook   Bus anal - business    Review and analyze costs on test communities, summarize                    8.50    600     5,100.00
                          plan                   outstanding questions by community
07/17/08   Amy Benbrook   Bus anal - business    Review and analyze costs on test communities, summarize                    8.30    600     4,980.00
                          plan                   outstanding questions by community
07/18/08   Amy Benbrook   Bus anal - business    Meeting with B Katz, K Clancy, Moelis and RCLCO to go over results         4.50    600     2,700.00
                          plan                   and presentation of such for meeting
07/18/08   Amy Benbrook   Bus anal - business    Conference with A. Hanover and BJ Hinson re: document requests.            0.60    600       360.00
                          plan
07/19/08   Amy Benbrook   Bus anal - business    Review document request list                                               1.60    600       960.00
                          plan
07/20/08   Amy Benbrook   Bus anal - business    Review document request list and edit                                      2.30    600     1,380.00
                          plan
07/21/08   Amy Benbrook   Bus anal - business    Summarize results of cost testing on 25 communities for presentation      12.80    600     7,680.00
                          plan
07/21/08   Amy Benbrook   Bus anal - business    Conference call regarding document request list with A Barnes, Moelis      2.00    600     1,200.00
                          plan                   and RCLCO.
07/22/08   Amy Benbrook   Bus anal - business    Summarize results of cost testing on 25 communities for presentation      13.70    600     8,220.00
                          plan
07/22/08   Amy Benbrook   Bus anal - business    Create report list used from HSP                                           1.80    600     1,080.00
                          plan
07/23/08   Amy Benbrook   Bus anal - business    Summarize results of cost testing on 25 communities for presentation      10.20    600     6,120.00
                          plan
07/24/08   Amy Benbrook   Bus anal - business    Continued to summarize results of cost testing on 25 communities for       2.10    600     1,260.00
                          plan                   presentation
07/24/08   Amy Benbrook   Bus anal - business    Meeting with B Katz, K Clancy, and RCLCO to go over results and            7.30    600     4,380.00
                          plan                   presentation of such for meeting, discussion regarding content of
                                                 presentation
07/25/08   Amy Benbrook   Meeting of creditors   Attend meeting with Creditor committee                                     4.20    600     2,520.00
07/29/08   Amy Benbrook   Bus anal - business    Review and edit document request list                                      1.20    600       720.00
                          plan
07/29/08   Amy Benbrook   Bus anal - business    Conference call regarding document request list with A Barnes,             0.90    600       540.00
                          plan                   Moelis, RCLCO and Adam Hanover, web access
07/31/08   Amy Benbrook   Bus anal - business    Conference call regarding document request list and priority levels of     0.90    600       540.00
                          plan                   requests
08/04/08   Amy Benbrook   Litigation support     Review and edit document request list                                      1.60    600       960.00
08/07/08   Amy Benbrook   Litigation support     Review and edit document request list, summarize reasons why               3.80    600     2,280.00
                                                 documents were requested



                                                                      Page 16
                 Case 08-10928-JKO                 Document 2063                  Filed 10/31/2008               Page 18 of 71
                                                           TOUSA, Inc., et al                                                        Exhibit "4"
                                                       Case No. 08-10928 (JKO)
                                    J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional    Activity                                           Description                                 Hours    Rate      Fee
08/07/08   Amy Benbrook    Litigation support    Telephone conference with A. Hanover B.J. Hinson, B. Katz, K. Clancy       0.70    600       420.00
                                                 re: solvency analysis procedures.
08/07/08   Amy Benbrook    Litigation support    Review and edit document request list                                      0.30    600       180.00
08/08/08   Amy Benbrook    Litigation support    Review and edit document request list                                      2.50    600     1,500.00
08/10/08   Amy Benbrook    Litigation support    Review and edit document request list                                      1.50    600       900.00
08/11/08   Amy Benbrook    Litigation support    Conference call regarding document request list and web access             4.50    600     2,700.00

08/12/08   Amy Benbrook    Litigation support    Conference call regarding document request list                            1.40    600       840.00
08/12/08   Amy Benbrook    Litigation support    Review and edit document request list                                      0.50    600       300.00
08/13/08   Amy Benbrook    Litigation support    Review and edit document request list                                      1.80    600     1,080.00
08/14/08   Amy Benbrook    Litigation support    Read through and sign protective order                                     0.50    600       300.00
08/14/08   Amy Benbrook    Litigation support    Telephone conference with A. Hanover re: revisions to document             0.30    600       180.00
                                                 requests.
08/16/08   Amy Benbrook    Litigation support    Review and edit document request list                                      0.10    600        60.00
08/18/08   Amy Benbrook    Litigation support    Review and edit document request list, discussion with K Clancy            2.40    600     1,440.00

08/21/08   Amy Benbrook    Litigation support    Conference call regarding document request list with A Barnes and          0.60    600       360.00
                                                 RCLCO.
08/21/08   Amy Benbrook    Litigation support    Conference call regarding document request list with A Barnes,             0.60    600       360.00
                                                 Meolis, and RCLCO, web access
08/21/08   Amy Benbrook    Litigation support    Reviewed document request list, set up impairment comparison               1.00    600       600.00
                                                 worksheet
08/22/08   Amy Benbrook   Litigation support     Create impairment statistics excel worksheet                               3.50    600     2,100.00
08/25/08   Amy Benbrook   Litigation support     Review and edit document request list                                      0.50    600       300.00
           Amy Benbrook Total                                                                                             414.70          248,820.00
06/01/08   B. J. Hinson   Bus anal - business    Review/revised Work Plan. Review 2007 and 2008 Selected Take Off           2.10    500     1,050.00
                          plan                   Detail reports for 2 sample jobs; compare those to each other plus to
                                                 actual closed job detail. (3912 and 1565 plans). Review House Profit
                                                 on Closings and Gross Profit on Closings Reports. Review CD of
                                                 Nashville Cash Flow.
06/02/08   B. J. Hinson    Bus anal - business   Detailed analysis of Plan 1565 job 1433; prepared spreadsheet              4.50    500     2,250.00
                           plan                  detailing 2007 budget by line item, 2008 budget by line item, and
                                                 actual amounts for job 1433. Analyzed differences in detail; sent
                                                 spreadsheet to VP Finance for explanations.
06/02/08   B. J. Hinson    Bus anal - business   Detailed analysis of Plan 3912                                             4.50    500     2,250.00
                           plan
06/03/08   B. J. Hinson    Bus anal - business   Revisions to Recap page format based on above discussions                  0.10    500            50.00
                           plan
06/03/08   B. J. Hinson    Bus anal - business   Began development of Total Cost Analysis workbook; prepared                0.50    500       250.00
                           plan                  Summary Report design.
06/03/08   B. J. Hinson    Bus anal - business   Job 1213 Analysis per above detail; Plan 1522 and 3912 summaries to        1.00    500       500.00
                           plan                  Elaine for explanations.
06/03/08   B. J. Hinson    Bus anal - business   Prepare comments on current Work Plan and additional ideas                 0.50    500       250.00
                           plan
06/03/08   B. J. Hinson    Bus anal - business   Analyze explanations for variances for two 1565 plans and calculate        0.80    500       400.00
                           plan                  total proposed cost for this plan
06/03/08   B. J. Hinson    Bus anal - business   Format final 2 job summaries (current budget, actual for sample job,       0.50    500       250.00
                           plan                  variances) and send to VP Finance for explanations
06/03/08   B. J. Hinson    Bus anal - business   Analyze in detail budget v. actual variances on three additional jobs.     1.50    500       750.00
                           plan
06/03/08   B. J. Hinson    Bus anal - business   Review options in 6 jobs via use of Job Cost Budgets and Job Cost          1.50    500       750.00
                           plan                  Option Budgets. Cross compare to detail sheets prepared.

06/03/08   B. J. Hinson    Bus anal - business   Review comments from VP Finance and VP Supply Management for               1.20    500       600.00
                           plan                  remaining jobs(.5); inquire as to Facility, Privilege Taxes and Impact
                                                 Fees(.4). Discuss large interest amount in jobs with VP Finance and
                                                 Real Estate Taxes(.3).
06/03/08   B. J. Hinson    Bus anal - business   Conference with Team re historical cost numbers by category,               0.50    500       250.00
                           plan                  historical indirect information and need to review b/s for built up
                                                 interest, taxes ane indirects.
06/04/08   B. J. Hinson    Bus anal - business   Conference call with team re: status and upcoming projects                 0.70    500       350.00
                           plan
06/04/08   B. J. Hinson    Bus anal - business   Finalize option calculations in test jobs                                  0.90    500       450.00
                           plan
06/04/08   B. J. Hinson    Bus anal - business   Prepare wrap up questions list                                             0.50    500       250.00
                           plan




                                                                      Page 17
                 Case 08-10928-JKO               Document 2063                   Filed 10/31/2008              Page 19 of 71
                                                         TOUSA, Inc., et al                                                         Exhibit "4"
                                                     Case No. 08-10928 (JKO)
                                  J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional   Activity                                            Description                                Hours    Rate     Fee
06/04/08   B. J. Hinson   Bus anal - business   Prepare Overage vs Budget Analysis page detailing overages by              3.10    500     1,550.00
                          plan                  category: Construction Overages, Over/Under Budget items, Site
                                                Specific or Options. Prepare page comparing various months and year
                                                to year, average cost per house. Mix Analysis Page

06/04/08   B. J. Hinson   Bus anal - business   Site visit planning for following week                                     0.20    500       100.00
                          plan
06/05/08   B. J. Hinson   Bus anal - business   Prepare Cost Per Unit Reconciliation analysis                              2.00    500     1,000.00
                          plan
06/07/08   B. J. Hinson   Bus anal - business   Prepare sample Job Cost Summary Page - Nashville                           1.50    500       750.00
                          plan
06/07/08   B. J. Hinson   Bus anal - business   Calculate probable lot cost based on escalator - Nashville                 0.30    500       150.00
                          plan
06/07/08   B. J. Hinson   Bus anal - business   Calculate probable const. interest for Nashville                           0.20    500       100.00
                          plan
06/07/08   B. J. Hinson   Bus anal - business   Analyze Sales Price Trend change for Nashville                             0.40    500       200.00
                          plan
06/07/08   B. J. Hinson   Bus anal - business   Prepare reconciliation page for Nashville                                  2.00    500     1,000.00
                          plan
06/07/08   B. J. Hinson   Bus anal - business   Prepare Recap page for Nashville                                           0.70    500       350.00
                          plan
06/07/08   B. J. Hinson   Bus anal - business   Prepare questions list for Nashville                                       0.50    500       250.00
                          plan
06/10/08   B. J. Hinson   Bus anal - business   Review G & A analysis procedures in detail with Amy and Jeremy.            1.20    500       600.00
                          plan
06/10/08   B. J. Hinson   Bus anal - business   Review site visit planning for next few weeks                              0.40    500       200.00
                          plan
06/10/08   B. J. Hinson   Bus anal - business   Review entire Total Cost Analysis with Amy                                 2.50    500     1,250.00
                          plan
06/11/08   B. J. Hinson   Bus anal - business   Draft Generic Question List for all communities                            0.70    500       350.00
                          plan
06/11/08   B. J. Hinson   Bus anal - business   Prepare Total Cost analysis                                                1.00    500       500.00
                          plan
06/11/08   B. J. Hinson   Bus anal - business   Download 7 sample jobs; reformat load land pro forma sensitivity for 3     4.50    500     2,250.00
                          plan                  communities(.5); Gross profit report for Tampa communities(1.1); Set
                                                up total cost analysis workbook for Tampa 2 communities(.8); Cross
                                                reference guide for Tampa(1.2); Begin analyzing sample jobs for
                                                overages/cost to complete items, actual vs budget(.9)

06/11/08   B. J. Hinson   Bus anal - business   Continue to f analyze 7 sample communities for Tampa                       1.50    500       750.00
                          plan
06/11/08   B. J. Hinson   Bus anal - business   Review Tampa Cash Flor Model                                               0.20    500       100.00
                          plan
06/12/08   B. J. Hinson   Bus anal - business   Formatted 4 Hawthorne jobs                                                 1.50    500       750.00
                          plan
06/12/08   B. J. Hinson   Bus anal - business   Accessed and reviewed Cash Flow model for Orlando and TE Orlando           0.70    500       350.00
                          plan
06/12/08   B. J. Hinson   Bus anal - business   Loaded and reviewed Land Sensitivity Files for 3 communities               0.80    500       400.00
                          plan
06/12/08   B. J. Hinson   Bus anal - business   Question session with Rolando Gonzalez VP Finance                          0.50    500       250.00
                          plan
06/12/08   B. J. Hinson   Bus anal - business   Review Total Cost Workbook with Team members re: Orlando                   0.50    500       250.00
                          plan
06/12/08   B. J. Hinson   Bus anal - business   Conference call with Mike L. re: land cost for Hawthorne.                  0.20    500       100.00
                          plan
06/12/08   B. J. Hinson   Bus anal - business   Prepare Mix Analysis re: Hawthorne                                         0.20    500       100.00
                          plan
06/12/08   B. J. Hinson   Bus anal - business   Prepare price per SF Analysis re: Hawthorne                                0.20    500       100.00
                          plan
06/12/08   B. J. Hinson   Bus anal - business   Study impairment issue re: Orlando                                         0.20    500       100.00
                          plan
06/12/08   B. J. Hinson   Bus anal - business   Prepare question list for Orlando                                          0.50    500       250.00
                          plan
06/12/08   B. J. Hinson   Bus anal - business   Overage analysis for 4 jobs; study job cost print outs(2.1), review        4.50    500     2,250.00
                          plan                  budgets to determine what overages and what options(2.4)
06/13/08   B. J. Hinson   Bus anal - business   Extensive study of claimed budged reductions(3.1); studied all 4 floor     6.30    500     3,150.00
                          plan                  plans by cost code of revised budgets(2.1). Determine which reduced
                                                budgets to apply to pro forma(1.1).


                                                                     Page 18
                 Case 08-10928-JKO                Document 2063                  Filed 10/31/2008             Page 20 of 71
                                                         TOUSA, Inc., et al                                                         Exhibit "4"
                                                     Case No. 08-10928 (JKO)
                                  J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional   Activity                                            Description                                Hours    Rate      Fee
06/13/08   B. J. Hinson   Bus anal - business   Review lot cost with Mike L. to confirm $141K                              0.80    500       400.00
                          plan
06/13/08   B. J. Hinson   Bus anal - business   Download cash flows Houston, Austin, Denver                                0.50    500       250.00
                          plan
06/14/08   B. J. Hinson   Bus anal - business   Floorplan review; design continue; set up 6 pages for communities          1.50    500       750.00
                          plan
06/14/08   B. J. Hinson   Bus anal - business   Analyze Nashville book; reclass sales tax and closing costs; add           1.00    500       500.00
                          plan                  options to M & L to mirror Jakes historical results.
06/15/08   B. J. Hinson   Bus anal - business   Telephone conference with Amy re: site visits                              0.20    500       100.00
                          plan
06/15/08   B. J. Hinson   Bus anal - business   Hawthorne and Windmeadows extensive work on recap pages                    3.00    500     1,500.00
                          plan
06/15/08   B. J. Hinson   Bus anal - business   Email prelim draft of workbook to 2 Mikes, Jake, Amy                       0.20    500       100.00
                          plan
06/15/08   B. J. Hinson   Bus anal - business   Finalize set up of 6 communities                                           0.50    500       250.00
                          plan
06/15/08   B. J. Hinson   Bus anal - business   Prepare/review 4 historical jobs Hawthorne                                 1.00    500       500.00
                          plan
06/15/08   B. J. Hinson   Bus anal - business   Prepare/review 4 historical jobs Windmeadows                               1.00    500       500.00
                          plan
06/15/08   B. J. Hinson   Bus anal - business   Prepare/review 2 historical jobs Independence                              0.50    500       250.00
                          plan
06/15/08   B. J. Hinson   Bus anal - business   Attention to Independence analysis                                         0.50    500       250.00
                          plan
06/17/08   B. J. Hinson   Bus anal - business   Download and format 14 jobs from 4 communities                             1.50    500       750.00
                          plan
06/17/08   B. J. Hinson   Bus anal - business   List to VP Finance                                                         0.20    500       100.00
                          plan
06/17/08   B. J. Hinson   Bus anal - business   Discuss scope parameters with VP                                           0.20    500       100.00
                          plan
06/17/08   B. J. Hinson   Bus anal - business   Review preliminary analysis from Curry                                     0.50    500       250.00
                          plan
06/17/08   B. J. Hinson   Bus anal - business   Receive documents from VP Finance and discuss                              0.50    500       250.00
                          plan
06/17/08   B. J. Hinson   Bus anal - business   Analyze sales trends for communities                                       0.20    500       100.00
                          plan
06/17/08   B. J. Hinson   Bus anal - business   Prpeare mix analysis, cost to complete, summary analysis; final format     2.20    500     1,100.00
                          plan                  3 jobs
06/17/08   B. J. Hinson   Bus anal - business   Review report sent by M. Curry                                             1.00    500       500.00
                          plan
06/17/08   B. J. Hinson   Bus anal - business   Sample job cost calculations                                               0.70    500       350.00
                          plan
06/17/08   B. J. Hinson   Bus anal - business   Revisions to master workbook                                               0.50    500       250.00
                          plan
06/17/08   B. J. Hinson   Bus anal - business   Review costs TB Pod, seemed low; call with Amy regarding same plus         0.50    500       250.00
                          plan                  whether to include Regal
06/18/08   B. J. Hinson   Bus anal - business   Organize documents for NJ team                                             0.50    500       250.00
                          plan
06/18/08   B. J. Hinson   Bus anal - business   Prepare summary analysis re: Belterra - Austin                             1.00    500       500.00
                          plan
06/18/08   B. J. Hinson   Bus anal - business   Set up workbook, ASP sheet, mix sheet, sample jobs detailed,               2.00    500     1,000.00
                          plan                  reconciliation re: Brushy Creek
06/18/08   B. J. Hinson   Bus anal - business   Review 3 communities in detail for preliminary report purposed (TB         3.00    500     1,500.00
                          plan                  Pod, Windmeadows, Hawthorne)
06/18/08   B. J. Hinson   Bus anal - business   Get Cost Code Summary downloads from Jimmy for TB Pod and                  1.50    500       750.00
                          plan                  Windmeadows; received sample jobs again with revised info; new info
                                                for these 2 sent for preliminary report M. Curry is working on

06/19/08   B. J. Hinson   Bus anal - business   Finalize document need list with Chris                                     0.20    500       100.00
                          plan
06/19/08   B. J. Hinson   Bus anal - business   Review job comments and mix analysis re: Fairfield                         0.50    500       250.00
                          plan
06/19/08   B. J. Hinson   Bus anal - business   Perform Cost to complete study re: Fairfield                               1.00    500       500.00
                          plan
06/19/08   B. J. Hinson   Bus anal - business   Finalize final estimate cost on Fairfield                                  1.00    500       500.00
                          plan
06/19/08   B. J. Hinson   Bus anal - business   Reconcile CTC to sample job actuals re: Fairfield                          1.00    500       500.00
                          plan


                                                                     Page 19
                 Case 08-10928-JKO                Document 2063                  Filed 10/31/2008                 Page 21 of 71
                                                         TOUSA, Inc., et al                                                            Exhibit "4"
                                                     Case No. 08-10928 (JKO)
                                  J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional   Activity                                           Description                                    Hours    Rate      Fee
06/19/08   B. J. Hinson   Bus anal - business   Populate 9 month and historical mix re: Fairfield                             0.50    500       250.00
                          plan
06/19/08   B. J. Hinson   Bus anal - business   Download Houston Communities files on site                                    0.50    500       250.00
                          plan
06/19/08   B. J. Hinson   Bus anal - business   Download 8 jobs with comments from Scott Lane re: Houston                     0.30    500       150.00
                          plan                  Communities
06/19/08   B. J. Hinson   Bus anal - business   Get downloads of most land acq models not previously received                 0.30    500       150.00
                          plan
06/19/08   B. J. Hinson   Bus anal - business   Preapre for call re: Nashville(.5); participate in conference all with A.     1.00    500       500.00
                          plan                  Benbrook re: Nashville(.5)
06/19/08   B. J. Hinson   Bus anal - business   Review all pages sent; type comments                                          1.50    500       750.00
                          plan
06/19/08   B. J. Hinson   Bus anal - business   Prepare detail of model extras; TB Pod analysis sheet comments, re-           1.80    500       900.00
                          plan                  work model extras
06/19/08   B. J. Hinson   Bus anal - business   Review/analyze lot costs and carry cost re: Windmeadows                       0.20    500       100.00
                          plan
06/20/08   B. J. Hinson   Bus anal - business   Review/reconcile model numbers for summary analysis                           0.50    500       250.00
                          plan
06/20/08   B. J. Hinson   Bus anal - business   Email to team members re: additional information                              0.20    500       100.00
                          plan
06/20/08   B. J. Hinson   Bus anal - business   Prepare/reconcile Analysis sheet re: Fairfield                                0.80    500       400.00
                          plan
06/20/08   B. J. Hinson   Bus anal - business   Prepare cost to complete analysis re: Fairfield                               1.00    500       500.00
                          plan
06/20/08   B. J. Hinson   Bus anal - business   Finalize Fairfield analysis                                                   1.00    500       500.00
                          plan
06/20/08   B. J. Hinson   Bus anal - business   Re: Southern Trails Download and print 4 sample jobs (.8) mix                 5.20    500     2,600.00
                          plan                  analysis (.6), set up workbook (.7), ST cost to complete (2.1), finish ST
                                                workbook (1.0)
06/20/08   B. J. Hinson   Bus anal - business   Review/prove model #'s                                                        0.50    500       250.00
                          plan
06/23/08   B. J. Hinson   Bus anal - business   Populate sample jobs page                                                     0.70    500       350.00
                          plan
06/23/08   B. J. Hinson   Bus anal - business   Review land cost with Steve                                                   0.70    500       350.00
                          plan
06/23/08   B. J. Hinson   Bus anal - business   Prepare Beacon Land cost reconciliation                                       2.00    500     1,000.00
                          plan
06/23/08   B. J. Hinson   Bus anal - business   Populate model numbers on sample cost sheet re; Beacon                        0.20    500       100.00
                          plan
06/23/08   B. J. Hinson   Bus anal - business   Restate Beacon job due to report error (costs understated in cost to          0.20    500       100.00
                          plan                  complete by $6222)
06/23/08   B. J. Hinson   Bus anal - business   Status update with J. Maranino                                                1.00    500       500.00
                          plan
06/23/08   B. J. Hinson   Bus anal - business   Review/analyze 4 Beacon jobs (Denver) with builder comments,                  1.00    500       500.00
                          plan                  review
06/23/08   B. J. Hinson   Bus anal - business   Review 4 Haven jobs (Denver)                                                  1.00    500       500.00
                          plan
06/23/08   B. J. Hinson   Bus anal - business   Re: Denver Beacon - Mix (.3) ASP (.3) land review with Jimmy and VP           2.10    500     1,050.00
                          plan                  Finance (1.5)
06/23/08   B. J. Hinson   Bus anal - business   Review documentation for $600K cost reduction on Haven land                   0.30    500       150.00
                          plan
06/23/08   B. J. Hinson   Bus anal - business   Polpulate sample jobs analysis for Haven(.8); begin preparation of cost       2.00    500     1,000.00
                          plan                  reconciliation on Haven(1.2)
06/25/08   B. J. Hinson   Bus anal - business   Begin preparation of missing land acq. Model for Belterra                     2.00    500     1,000.00
                          plan
06/25/08   B. J. Hinson   Bus anal - business   Begin Brush Creek analysis - perform mix analysis, download jobs with         2.00    500     1,000.00
                          plan                  comments, format, sample job cost sheet, reconciliation sheet.

06/25/08   B. J. Hinson   Bus anal - business   Finalize Haven analysis, including cost to complete for 2 final jobs,         1.80    500       900.00
                          plan                  populate summary page, populate 9 mo and historical information.

06/25/08   B. J. Hinson   Bus anal - business   Revisions to basic format of model.                                           0.50    500       250.00
                          plan
06/25/08   B. J. Hinson   Bus anal - business   Prepare list of missing items for all communities.                            1.00    500       500.00
                          plan
06/25/08   B. J. Hinson   Bus anal - business   Email to Amy requesting list of documents in preparation for next             0.30    500       150.00
                          plan                  week's wrap up



                                                                     Page 20
                 Case 08-10928-JKO               Document 2063                   Filed 10/31/2008                  Page 22 of 71
                                                         TOUSA, Inc., et al                                                           Exhibit "4"
                                                     Case No. 08-10928 (JKO)
                                  J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional   Activity                                           Description                                   Hours    Rate      Fee
06/26/08   B. J. Hinson   Bus anal - business   Perform Mix Analysis on Belterra.                                            0.50    500       250.00
                          plan
06/26/08   B. J. Hinson   Bus anal - business   Discussion with M. Curry re: information needed.                             0.50    500       250.00
                          plan
06/27/08   B. J. Hinson   Bus anal - business   Review total cost calculations re: Belterra and Fairfield                    1.90    500       950.00
                          plan
06/27/08   B. J. Hinson   Bus anal - business   Finish workbook, total cost summary, reconciliation, analysis sheet for      1.50    500       750.00
                          plan                  Brushy Creek.
06/27/08   B. J. Hinson   Bus anal - business   Review total cost for Southern Trails.                                       0.50    500       250.00
                          plan
06/28/08   B. J. Hinson   Bus anal - business   Attention to sample jobs and reconciliation for Fairfield.                   1.00    500       500.00
                          plan
06/28/08   B. J. Hinson   Bus anal - business   Attention to sample jobs and reconciliation for Southern Trails.             0.70    500       350.00
                          plan
06/28/08   B. J. Hinson   Bus anal - business   Re: Sienna - Format and print sample jobs (.5), 4 sample analyses and        1.50    500       750.00
                          plan                  reconciliation (1.0)
06/28/08   B. J. Hinson   Bus anal - business   Finalize Sienna analysis.                                                    2.00    500     1,000.00
                          plan
06/28/08   B. J. Hinson   Bus anal - business   Prepare ASP and mix analysis on Sienna.                                      0.70    500       350.00
                          plan
06/29/08   B. J. Hinson   Bus anal - business   Re Telfair - Download jobs and format (.7), mix analysis (.3), ASP (.2),     2.20    500     1,100.00
                          plan                  sample job sheet and reconciliation page (.7), summary analysis (.3)

06/29/08   B. J. Hinson   Bus anal - business   Re: Independence Park - Download jobs (.5), mix analysis (.3), ASP           2.80    500     1,400.00
                          plan                  (.2), sample jobs page and reconciliation for 4 jobs (1.5) summary
                                                analyses (.3)
06/29/08   B. J. Hinson   Bus anal - business   Start workbook, mix analysis. ASP page start populating sample jobs          2.00    500     1,000.00
                          plan                  page and reconciliation page re: Rogers Ranch
06/30/08   B. J. Hinson   Bus anal - business   Review/compare communities re: indirects.                                    0.50    500       250.00
                          plan
06/30/08   B. J. Hinson   Bus anal - business   Discuss scheduling w/Amy.                                                    0.30    500       150.00
                          plan
06/30/08   B. J. Hinson   Bus anal - business   Reconcile all for LA model volumes                                           1.50    500       750.00
                          plan
06/30/08   B. J. Hinson   Bus anal - business   Complete Rogers Ranch analysis, to include corrrected (.3), sample           2.80    500     1,400.00
                          plan                  jobs to CC summary complicated due to difference in job 199 (2.5)

06/30/08   B. J. Hinson   Bus anal - business   Research job cost accrual for job cost summaries.                            0.50    500       250.00
                          plan
06/30/08   B. J. Hinson   Bus anal - business   Final review of analysis.                                                    0.50    500       250.00
                          plan
07/01/08   B. J. Hinson   Bus anal - business   Re: Orlando - convert model to new format, confirm mix #'s, analyze          1.50    500       750.00
                          plan                  data, questions
07/01/08   B. J. Hinson   Bus anal - business   Prepare for meeting; compile list of questions, such as JC Option            0.80    500       400.00
                          plan                  Budgets don't include accruals, etc.
07/01/08   B. J. Hinson   Bus anal - business   Meet with Amy and M. Curry; review overall status of various analyses;       3.50    500     1,750.00
                          plan                  discuss procedure to analyze warranty, indirects.
07/01/08   B. J. Hinson   Bus anal - business   Prepare list of information needs: sample jobs we need sales info on,        1.00    500       500.00
                          plan                  land purchase information needed, communities with lot cost
                                                fluctuations questions
07/01/08   B. J. Hinson   Bus anal - business   Analyze Belterra TB and formulate list of questions.                         0.50    500       250.00
                          plan
07/01/08   B. J. Hinson   Bus anal - business   Revised three communities based on new info received by                      2.50    500     1,250.00
                          plan                  reviewing/comparing reports
07/02/08   B. J. Hinson   Bus anal - business   Update list of open items to complete workbook                               0.20    500       100.00
                          plan
07/02/08   B. J. Hinson   Bus anal - business   Down TB data received from JHC team                                          0.30    500       150.00
                          plan
07/02/08   B. J. Hinson   Bus anal - business   Develop two analysis worksheets re: Indirects and Warranty info.             0.70    500       350.00
                          plan
07/02/08   B. J. Hinson   Bus anal - business   Compile list of missing docs and what should be done for Regal Ind,          0.80    500       400.00
                          plan                  TB Pod and Windmeadows.
07/02/08   B. J. Hinson   Bus anal - business   Download Dade jobs - actual vs budget                                        0.30    500       150.00
                          plan
07/02/08   B. J. Hinson   Bus anal - business   Download South Florida jobs actual vs budget                                 0.30    500       150.00
                          plan
07/02/08   B. J. Hinson   Bus anal - business   Meeting with JHC team re: findings/business plan test communities.           2.60    500     1,300.00
                          plan


                                                                     Page 21
                 Case 08-10928-JKO               Document 2063                  Filed 10/31/2008                Page 23 of 71
                                                         TOUSA, Inc., et al                                                         Exhibit "4"
                                                     Case No. 08-10928 (JKO)
                                  J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional   Activity                                        Description                                    Hours    Rate      Fee
07/02/08   B. J. Hinson   Bus anal - business   Download SW Florida and Jacksonville jobs                                  0.30    500       150.00
                          plan
07/02/08   B. J. Hinson   Bus anal - business   Work on JC Accrual issue                                                   0.50    500       250.00
                          plan
07/02/08   B. J. Hinson   Bus anal - business   Update ten workbooks to add average SF by category, refine mix,            3.50    500     1,750.00
                          plan                  overages in samples, LA column on summary page
07/03/08   B. J. Hinson   Bus anal - business   Finalize JC accrual issue                                                  0.70    500       350.00
                          plan
07/03/08   B. J. Hinson   Bus anal - business   Received/reviewed final downloads for 4 new Fla communities                0.70    500       350.00
                          plan
07/03/08   B. J. Hinson   Bus anal - business   Workpaper/file organization                                                0.40    500       200.00
                          plan
07/05/08   B. J. Hinson   Bus anal - business   Download from Curry TB Pod TB, JC and JC Option Budgets (.5);              1.80    500       900.00
                          plan                  download same for San Antonio, Fairfield, Sienna, Telfair, and
                                                Southern Trails (1.3)
07/05/08   B. J. Hinson   Bus anal - business   Work on Ind. Park analysis - Avg SF computation (.2), reconcile Actual     1.50    500       750.00
                          plan                  to Budget, taking out JC Accruals (.3), worked on populating land
                                                acquisition numbers and reconciled same (.8); update Summary page
                                                with information on overages, SF #, etc. (.2)

07/06/08   B. J. Hinson   Bus anal - business   Revisions to sample workbook.                                              0.50    500       250.00
                          plan
07/06/08   B. J. Hinson   Bus anal - business   Begin Rogers Ranch analysis - include avg SF, community number,            1.30    500       650.00
                          plan                  overages calculated.
07/06/08   B. J. Hinson   Bus anal - business   Re: Brushy Creek - prepare JC accrual adjustments; confirm options,        1.50    500       750.00
                          plan                  overages, mix, Avg SF calcs; add land acquisition column.

07/06/08   B. J. Hinson   Bus anal - business   Re: Belterra - prepare JC accrual adjustments; confirm options,            2.00    500     1,000.00
                          plan                  overages, mix, Avg SF calcs; add land acquisition column.
07/06/08   B. J. Hinson   Bus anal - business   Re: Haven - prepare JC accrual adjustments; confirm options,               1.00    500       500.00
                          plan                  overages, mix, Avg SF calcs; add land acquisition column.
07/06/08   B. J. Hinson   Bus anal - business   Re: Beacon Point - prepare JC accrual adjustments; confirm options,        1.80    500       900.00
                          plan                  overages, mix, Avg SF calcs; add land acquisition column.

07/06/08   B. J. Hinson   Bus anal - business   Re: Telfair - prepare JC accrual adjustments; confirm options,             1.20    500       600.00
                          plan                  overages, mix, Avg SF calcs; add land acquisition column.
07/07/08   B. J. Hinson   Bus anal - business   Review of workplan and make additions based on current job status.         1.50    500       750.00
                          plan
07/07/08   B. J. Hinson   Bus anal - business   Re: Fairfield - prepare JC accrual adjustments; confirm options,           1.50    500       750.00
                          plan                  overages, mix, Avg SF calcs; add land acquisition column.
07/08/08   B. J. Hinson   Bus anal - business   Prepare schedule of 13 communities with prepaid petition liability         0.30    500       150.00
                          plan                  accruals questions; put on master list of issues to resolve

07/08/08   B. J. Hinson   Bus anal - business   Re: Sienna - prepare JC accrual adjustments; confirm options,              2.00    500     1,000.00
                          plan                  overages, mix, Avg SF calcs; add land acquisition column.
07/08/08   B. J. Hinson   Bus anal - business   Review of Warranty worksheet                                               0.50    500       250.00
                          plan
07/08/08   B. J. Hinson   Bus anal - business   Re: Southern Trails - prepare JC accrual adjustments; confirm              2.00    500     1,000.00
                          plan                  options, overages, mix, Avg SF calcs; add land acquisition column.

07/08/08   B. J. Hinson   Bus anal - business   Send workbook plus request to Craig for reports                            0.30    500       150.00
                          plan
07/09/08   B. J. Hinson   Bus anal - business   Review and comment on final workplan                                       0.50    500       250.00
                          plan
07/09/08   B. J. Hinson   Bus anal - business   Work on generic warranty analysis; review analyses for Belterra and        1.50    500       750.00
                          plan                  Independence.
07/09/08   B. J. Hinson   Bus anal - business   Review/reconcile 2 communities that had discrepancies.                     0.50    500       250.00
                          plan
07/09/08   B. J. Hinson   Bus anal - business   Prepare open item list                                                     0.50    500       250.00
                          plan
07/10/08   B. J. Hinson   Bus anal - business   Emails to/from A. Benbrook                                                 0.20    500       100.00
                          plan
07/10/08   B. J. Hinson   Bus anal - business   Review 3 Tampa communities model CF                                        0.30    500       150.00
                          plan
07/10/08   B. J. Hinson   Bus anal - business   Work on Windmeadows analysis                                               2.30    500     1,150.00
                          plan
07/10/08   B. J. Hinson   Bus anal - business   Download JC budget to actual, option budgets on Windmeadows and            0.50    500       250.00
                          plan                  Regal Oaks


                                                                    Page 22
                 Case 08-10928-JKO               Document 2063                   Filed 10/31/2008              Page 24 of 71
                                                         TOUSA, Inc., et al                                                      Exhibit "4"
                                                     Case No. 08-10928 (JKO)
                                  J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional   Activity                                             Description                            Hours    Rate      Fee
07/11/08   B. J. Hinson   Bus anal - business   open items list                                                         0.50    500       250.00
                          plan
07/11/08   B. J. Hinson   Bus anal - business   Work on TB Pod workbook                                                 2.50    500     1,250.00
                          plan
07/11/08   B. J. Hinson   Bus anal - business   Prepare Hawthorne analysis                                              2.30    500     1,150.00
                          plan
07/12/08   B. J. Hinson   Bus anal - business   Review 4 communities' download: TB, status report, GP reports, cost     1.00    500       500.00
                          plan                  code summaries, JC Budgets and Option Budgets.
07/12/08   B. J. Hinson   Bus anal - business   Work on Dade analysis                                                   2.50    500     1,250.00
                          plan
07/12/08   B. J. Hinson   Bus anal - business   Work on Estada analysis                                                 1.90    500       950.00
                          plan
07/13/08   B. J. Hinson   Bus anal - business   Review schedules for information requiring clarification                0.70    500       350.00
                          plan
07/13/08   B. J. Hinson   Bus anal - business   Work on Dade analysis; mix was complicated because no plan detail       2.50    500     1,250.00
                          plan                  report; necessary to cross reference 3 reports, populate summary
                                                page, changed warranty info based on model
07/13/08   B. J. Hinson   Bus anal - business   Review S Fla balance sheet and open items list                          0.80    500       400.00
                          plan
07/13/08   B. J. Hinson   Bus anal - business   Work on S. Fla analysis; mix cross referencing again, check CTC,        1.50    500       750.00
                          plan                  summary page, open items list
07/14/08   B. J. Hinson   Bus anal - business   Review status of open items.                                            0.40    500       200.00
                          plan
07/14/08   B. J. Hinson   Bus anal - business   Review and comment on Reflections analysis.                             0.20    500       100.00
                          plan
07/14/08   B. J. Hinson   Bus anal - business   Update three workbooks for JC accrual issue                             0.30    500       150.00
                          plan
07/14/08   B. J. Hinson   Bus anal - business   Format, print jobs, download Essebase, & plan detail                    0.50    500       250.00
                          plan
07/14/08   B. J. Hinson   Bus anal - business   Work on Reflections analysis.                                           3.80    500     1,900.00
                          plan
07/14/08   B. J. Hinson   Bus anal - business   Resolve question re: Estada.                                            0.30    500       150.00
                          plan
07/14/08   B. J. Hinson   Bus anal - business   Review Jacksonville information.                                        0.70    500       350.00
                          plan
07/14/08   B. J. Hinson   Bus anal - business   Review Doral comments.                                                  0.30    500       150.00
                          plan
07/15/08   B. J. Hinson   Bus anal - business   Complete Jacksonville analysis                                          4.20    500     2,100.00
                          plan
07/15/08   B. J. Hinson   Bus anal - business   Complete DC Ranch analysis                                              4.30    500     2,150.00
                          plan
07/16/08   B. J. Hinson   Bus anal - business   Download Layton Lakes and Whitfield jobs with comments as well as       0.50    500       250.00
                          plan                  Layton Lakes land acq model; send applicable email and back up new
                                                files.
07/16/08   B. J. Hinson   Bus anal - business   Prepare Layton Lakes total workbook; prepare sales summary, mix         4.00    500     2,000.00
                          plan                  analysis, summary page, sample job costs and cost reconciliation.

07/16/08   B. J. Hinson   Bus anal - business   Update DC Ranch privilege tax; correct DC Ranch fees and download       0.50    500       250.00
                          plan                  DC Ranch VP Finance comments.
07/16/08   B. J. Hinson   Bus anal - business   Reviewed and analyzed 15 communities land acq model numbers in          5.10    500     2,550.00
                          plan                  preliminary analyses.
07/17/08   B. J. Hinson   Bus anal - business   Reviewed final 10 community land acq model numbers in preliminary       1.70    500       850.00
                          plan                  analyses
07/17/08   B. J. Hinson   Bus anal - business   Begin extensive reviews with Amy as to JHC recommendations;             4.50    500     2,250.00
                          plan                  reviewed Belterra, Live Oak, Independence (Austin) and TB Pod. This
                                                includes auditing land cost calculations in business plan.
07/17/08   B. J. Hinson   Bus anal - business   Review remaining communities' preliminary analyses for correct land     2.50    500     1,250.00
                          plan                  acq numbers, sample job numbers and business plan numbers.

07/18/08   B. J. Hinson   Bus anal - business   Meeting with Team to review/finalize presentation format for 7/25       4.50    500     2,250.00
                          plan                  meeting with creditor's committee
07/18/08   B. J. Hinson   Bus anal - business   Review document request for 7/31 refinance project                      1.80    500       900.00
                          plan
07/21/08   B. J. Hinson   Bus anal - business   Reconcile Dade cash flow and net income in model.                       0.50    500       250.00
                          plan
07/21/08   B. J. Hinson   Bus anal - business   Continued review of preliminary analyses sheets to workbooks            2.20    500     1,100.00
                          plan                  prepared for each community.



                                                                    Page 23
                 Case 08-10928-JKO                   Document 2063                  Filed 10/31/2008                 Page 25 of 71
                                                             TOUSA, Inc., et al                                                            Exhibit "4"
                                                         Case No. 08-10928 (JKO)
                                      J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional      Activity                                              Description                                  Hours    Rate      Fee
07/21/08   B. J. Hinson      Bus anal - business    Research discrepancies between preliminary analyses and my                    0.80    500       400.00
                             plan                   workbooks for all communities.
07/21/08   B. J. Hinson      Bus anal - business    Begin final reviews of all 25 communities; reviews include                    4.10    500     2,050.00
                             plan                   reconciliation of amounts in preliminary analyses for land acq model,
                                                    business plan, 9 month historical and total historical, as well as sample
                                                    job numbers in the preliminary analyses.      REDACTED
                                                    Completed TB Pod, Estada, Belterra and 1/2 Reflection Lakes.

07/22/08   B. J. Hinson      Bus anal - business    Continued final reviews of all 25 communities; reviews include               10.40    500     5,200.00
                             plan                   amending amounts in preliminary analyses for land acq model,
                                                    business plan, 9 month historical and total historical, as well as sample
                                                    job numbers in the preliminary analyses.      REDACTED.
                                                    Completed Reflection Lakes, Windmeadows, DC Ranch, Watercrest,
                                                    Brushy Creek, Live Oaks, Ind. Orlando, Regal Oaks, Doral, Benington,
                                                    Rogers Ranch, Sonesta, Sienna, Whitfield, Haven, Ind. Austin, Telfair,
                                                    Beacon and Hawthorne.
07/22/08   B. J. Hinson      Bus anal - business    Populated two schedules for cash flow versus net income and                   1.60    500       800.00
                             plan                   categorized amounts.
07/22/08   B. J. Hinson      Bus anal - business    Revised Benington workbook to new format.                                     1.00    500       500.00
                             plan
07/23/08   B. J. Hinson      Bus anal - business    Continued review of final 3 communities; tested various land cost             9.50    500     4,750.00
                             plan                   amounts for communities where contracts had not been previously
                                                    received. Updated several communities for sales data based on new
                                                    contract info being received.
07/24/08   B. J. Hinson      Bus anal - business    Meeting A. Benbrook, B. Katz and K. Clancy to finalize presentation for       7.30    500     3,650.00
                             plan                   7/25 meeting with creditors' committee.
07/25/08   B. J. Hinson      Bus anal - business    Meetings with Committee and Debtor to discuss operations, plan                5.00    500     2,500.00
                             plan                   issues and Business Plan due diligence.
07/31/08   B. J. Hinson      Bus anal - business    Final miscellaneous adjustments to 17 workbooks based on various              1.80    500       900.00
                             plan                   documents received in the days preceding the meeting in NY,
                                                    including new sales contract information for realtor commission
                                                    calculations as well and land cost information.
           B. J. Hinson Total                                                                                                   297.30          148,650.00
05/04/08   Bernard A. Katz    Bus anal - business   Meeting with J. H. Cohn team re: workplan for community level due             1.10    650       715.00
                              plan                  diligence.
05/04/08   Bernard A. Katz    Bus anal - business   Review workplan.                                                              0.90    650       585.00
                              plan
05/05/08   Bernard A. Katz    Bus anal - business   Review debtors' presentation of business plan (v.2).                          1.60    650     1,040.00
                              plan
05/05/08   Bernard A. Katz    Bus anal - business   Review business plan model.                                                   1.70    650     1,105.00
                              plan
05/05/08   Bernard A. Katz    Bus anal - cash       Review debtors' motion for use of cash collateral and borrowing base          0.90    650       585.00
                              collateral            analysis.
05/05/08   Bernard A. Katz    Business analysis     Review of Akin memo to committee re: motion to permit insurer to              0.20    650       130.00
                                                    advance defense costs to debtors.
05/05/08   Bernard A. Katz   Business analysis      Review motion of builders specialties to assume executory contract            0.10    650            65.00
                                                    and cure default.
05/06/08   Bernard A. Katz   Bus anal - business    Meeting with debtors management and Kroll re: business plan.                  7.20    650     4,680.00
                             plan
05/07/08   Bernard A. Katz   Bus anal - business    Meeting with debtors' management and Kroll re: business plan.                 4.20    650     2,730.00
                             plan
05/08/08   Bernard A. Katz   Bus anal - business    Review of business plan model.                                                3.40    650     2,210.00
                             plan
05/09/08   Bernard A. Katz   Business analysis      Telephone conference with RCLCO and Jefferies re: committee call              1.20    650       780.00
                                                    and financial advisor presentation.
05/09/08   Bernard A. Katz   Business analysis      Telephone conferences with K. Clancy re: J. H. Cohn workplan.                 0.80    650       520.00
05/10/08   Bernard A. Katz   Bus anal - business    Review Jefferies presentation re: community level information.                0.90    650       585.00
                             plan
05/10/08   Bernard A. Katz   Bus anal - business    Review Jefferies presentation re: due diligence status report.                0.70    650       455.00
                             plan
05/10/08   Bernard A. Katz   Bus anal - business    Review community level summary report prepared by Jefferies.                  0.40    650       260.00
                             plan
05/12/08   Bernard A. Katz   Business analysis      Review financial advisor's presentation to committee and discuss with         1.20    650       780.00
                                                    K. Clancy.
05/13/08   Bernard A. Katz   Bus anal - business    Telephone conference with RCLCO re: workplan.                                 0.30    650       195.00
                             plan
05/13/08   Bernard A. Katz   Bus anal - business    Telephone conference with RCLCO and Jefferies re: workplan and                0.50    650       325.00
                             plan                   time estimates.


                                                                        Page 24
                 Case 08-10928-JKO                   Document 2063                   Filed 10/31/2008               Page 26 of 71
                                                              TOUSA, Inc., et al                                                         Exhibit "4"
                                                          Case No. 08-10928 (JKO)
                                       J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional      Activity                                           Description                                   Hours    Rate      Fee
05/13/08   Bernard A. Katz   Bus anal - business    Meeting with J. H. Cohn construction team re: testing workplan and          1.50    650       975.00
                             plan                   budget.
05/13/08   Bernard A. Katz   Bus anal - cash        Telephone conference with professionals re: cash collateral issues.         0.50    650       325.00
                             collateral
05/13/08   Bernard A. Katz   Bus anal - cash        Telephone conference with counsel re: adequate protection analysis.         0.20    650       130.00
                             collateral
05/13/08   Bernard A. Katz   Meeting of creditors   Committee call.                                                             2.00    650     1,300.00
05/14/08   Bernard A. Katz   Bus anal - cash        Review Akin memo on debtors' proposed cash collateral stipulation           0.90    650       585.00
                             collateral             and discuss with counsel.
05/15/08   Bernard A. Katz   Bus anal - business    Attend debtors' presentation on business plan to committee.                 4.50    650     2,925.00
                             plan
05/15/08   Bernard A. Katz   Meeting of creditors   Attend Committee meeting.                                                   0.50    650       325.00
05/16/08   Bernard A. Katz   Bus anal - cash        Meeting with counsel re: cash collateral objection.                         2.80    650     1,820.00
                             collateral
05/16/08   Bernard A. Katz   Bus anal - cash        Review cash collateral objection.                                           1.20    650       780.00
                             collateral
05/17/08   Bernard A. Katz   Bus anal - cash        Telephone conference with counsel re: BB and value of assets.               0.30    650       195.00
                             collateral
05/17/08   Bernard A. Katz   Bus anal - cash        Review and discuss answers to counsel's e-mail re: BB and value of          0.90    650       585.00
                             collateral             assets.
05/17/08   Bernard A. Katz   Bus anal - cash        Review comparison of draft BB from 1st and current cash collateral          0.80    650       520.00
                             collateral             order.
05/18/08   Bernard A. Katz   Bus anal - cash        Prepare e-mail re: objection to debtors' cash collateral order.             0.80    650       520.00
                             collateral
05/18/08   Bernard A. Katz   Bus anal - cash        Telephone conference with K. Clancy re: objection to debtors' cash          0.20    650       130.00
                             collateral             collateral order.
05/18/08   Bernard A. Katz   Litigation support     Telephone conference with counsel re: fraudulent conveyance                 1.00    650       650.00
                                                    litigation.
05/19/08   Bernard A. Katz   Bus anal - cash        Meeting with counsel re: preparation for cash collateral hearing and        8.00    650     5,200.00
                             collateral             standing motion.
05/20/08   Bernard A. Katz   Bus anal - cash        Telephone conferences with counsel re: other assets.                        0.30    650       195.00
                             collateral
05/20/08   Bernard A. Katz   Bus anal - cash        Review Kroll's analysis of Joint Ventures.                                  1.20    650       780.00
                             collateral
05/20/08   Bernard A. Katz   Bus anal - cash        Review amended declaration of John Boken.                                   0.30    650       195.00
                             collateral
05/20/08   Bernard A. Katz   Bus anal - cash        Review committee's objection to debtors' cash collateral motion and         1.30    650       845.00
                             collateral             supplement including confirmation of financial information contained
                                                    therein.
05/20/08   Bernard A. Katz   Litigation support     Review B. Katz affidavit in support of standing motion and discuss          1.30    650       845.00
                                                    changes with counsel.
05/20/08   Bernard A. Katz   Meeting of creditors   Committee call including pre-call with professionals.                       0.80    650       520.00
05/21/08   Bernard A. Katz   Bus anal - cash        Assist counsel in preparation for cash collateral and standing hearing.     1.90    650     1,235.00
                             collateral
05/21/08   Bernard A. Katz   Business analysis      Review Wells Fargo objection.                                               0.60    650       390.00
05/21/08   Bernard A. Katz   Business analysis      Review debtors' response to committee's standing motion.                    0.60    650       390.00
05/21/08   Bernard A. Katz   Fee/employ             Review 1st lien agents objection.                                           0.50    650       325.00
                             applications
05/21/08   Bernard A. Katz   Litigation support     Review chart of objections and responses to NCC motion for standing.        0.30    650       195.00

05/21/08   Bernard A. Katz   Litigation support     Attend depositions of Boken and McGadden.                                   6.10    650     3,965.00
05/22/08   Bernard A. Katz   Bus anal - cash        Attend hearing on interim cash collateral and standing.                     7.50    650     4,875.00
                             collateral
05/23/08   Bernard A. Katz   Litigation support     Meeting with A. Hanover re: litigation status/timing.                       0.30    650       195.00
05/27/08   Bernard A. Katz   Bus anal - business    Review construction workplan.                                               0.80    650       520.00
                             plan
05/27/08   Bernard A. Katz   Bus anal - business    Discuss construction workplan with Amy Benbrook.                            0.50    650       325.00
                             plan
05/27/08   Bernard A. Katz   Bus anal - business    Telephone conferences with RCLCO re: construction workplan.                 0.40    650       260.00
                             plan
05/27/08   Bernard A. Katz   Bus anal - business    Review documents re: community financial information.                       1.50    650       975.00
                             plan
05/27/08   Bernard A. Katz   Business analysis      Review MTN Lodge bulk sale summary.                                         0.30    650       195.00
05/27/08   Bernard A. Katz   Business analysis      Telephone conference with counsel re: information dump.                     0.20    650       130.00
05/27/08   Bernard A. Katz   Meeting of creditors   Committee call.                                                             0.80    650       520.00
05/28/08   Bernard A. Katz   Bus anal - business    Revise workplan for construction team and discuss with RCLCO.               1.20    650       780.00
                             plan



                                                                         Page 25
                 Case 08-10928-JKO                   Document 2063                   Filed 10/31/2008                 Page 27 of 71
                                                              TOUSA, Inc., et al                                                            Exhibit "4"
                                                          Case No. 08-10928 (JKO)
                                       J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional      Activity                                           Description                                      Hours    Rate      Fee
05/28/08   Bernard A. Katz   Bus anal - business    Telephone conference with Jefferies/Moelis re: business plan analysis.         0.80    650       520.00
                             plan
05/28/08   Bernard A. Katz   Business analysis      Telephone conference with Kroll re: documents.                                 0.30    650       195.00
05/28/08   Bernard A. Katz   Business analysis      Telephone conferences with counsel re: documents.                              0.20    650       130.00
06/02/08   Bernard A. Katz   Bus anal - cash        Review of documents responsive to deposition of Boken.                         1.70    650     1,105.00
                             collateral
06/02/08   Bernard A. Katz   Bus anal - cash        Meeting with counsel re: Boken deposition.                                     2.50    650     1,625.00
                             collateral
06/02/08   Bernard A. Katz   Meeting of creditors   Committee meetings.                                                            0.80    650       520.00
06/03/08   Bernard A. Katz   Bus anal - cash        Review of documents provided by banks of debtor re: cash collateral.           4.80    650     3,120.00
                             collateral
06/03/08   Bernard A. Katz   Bus anal - cash        Various telephone conferences and e-mails with counsel re:                     2.20    650     1,430.00
                             collateral             documents.
06/04/08   Bernard A. Katz   Bus anal - business    Conference call with Amy regarding sheduling and updating                      1.00    650       650.00
                             plan                   information through Lee Smith for future site visits.
06/04/08   Bernard A. Katz   Bus anal - cash        Review documents re: Boken depositions and discuss with counsel.               1.50    650       975.00
                             collateral
06/04/08   Bernard A. Katz   Bus anal - cash        Attendance at Boken deposition.                                                3.00    650     1,950.00
                             collateral
06/05/08   Bernard A. Katz   Bus anal - cash        Review amended cash collateral order and statement of remaining                0.30    650       195.00
                             collateral             issues.
06/05/08   Bernard A. Katz   Bus anal - cash        Review final changes to amended cash collateral order.                         0.70    650       455.00
                             collateral
06/05/08   Bernard A. Katz   Bus anal - cash        Review borrowing base certification, definition of borrowing base and          0.60    650       390.00
                             collateral             form of certificate.
06/05/08   Bernard A. Katz   Fee/employ             Review noteholders supplemental objection.                                     0.40    650       260.00
                             applications
06/05/08   Bernard A. Katz   Fee/employ             Review supplemental objection by Wells Fargo.                                  0.20    650       130.00
                             applications
06/05/08   Bernard A. Katz   Meeting of creditors   Review committee's supplemental objection.                                     0.80    650       520.00
06/06/08   Bernard A. Katz   Bus anal - business    Telephone conferences with Kroll re: community visits and information          0.40    650       260.00
                             plan                   requests.
06/06/08   Bernard A. Katz   Meeting of creditors   Committee call.                                                                0.50    650       325.00
06/09/08   Bernard A. Katz   Bus anal - cash        Review objections and certain financial information relating to cash           2.50    650     1,625.00
                             collateral             collateral (i.e. budget, interest savings analysis, etc.) and discuss with
                                                    counsel.
06/09/08   Bernard A. Katz   Meeting of creditors   Attend Committee meeting.                                                      4.50    650     2,925.00
06/10/08   Bernard A. Katz   Bus anal - cash        Attend cash collateral hearing.                                                8.00    650     5,200.00
                             collateral
06/11/08   Bernard A. Katz   Bus anal - business    Telephone conference with J. H. Cohn construction team re: status.             0.70    650       455.00
                             plan
06/11/08   Bernard A. Katz   Bus anal - business    Telephone conference with Kroll re: status and feedback.                       0.50    650       325.00
                             plan
06/11/08   Bernard A. Katz   Meeting of creditors   Committee call.                                                                0.80    650       520.00
06/12/08   Bernard A. Katz   Bus anal - business    Review business plans for Nashville, Tampa and Orlando and discuss             2.80    650     1,820.00
                             plan                   with J. H. Cohn construction staff.
06/12/08   Bernard A. Katz   Bus anal - business    Redacted                                                                       1.50    650       975.00
                             plan
06/12/08   Bernard A. Katz   Bus anal - cash        Review revised cash collateral order and certification.                        1.20    650       780.00
                             collateral
06/12/08   Bernard A. Katz   Business analysis      Review motion by Amick to assume or reject contract.                           0.50    650       325.00
06/13/08   Bernard A. Katz   Bus anal - business    Telephone conference with A. Benbrook and J. Garboski re: findings in          1.20    650       780.00
                             plan                   Nashville and Tampa.
06/13/08   Bernard A. Katz   Litigation support     Telephone conference with counsel re: special counsel.                         0.30    650       195.00
06/14/08   Bernard A. Katz   Bus anal - business    Telephone conference with Kroll re: Nashville, Tampa and Orlando               0.80    650       520.00
                             plan                   findings.
06/16/08   Bernard A. Katz   Bus anal - business    Telephone conference with P. Mandel & J. Levy (J. H. Cohn hedge                0.80    650       520.00
                             plan                   fund partners) re: NAV and liquidity.
06/16/08   Bernard A. Katz   Bus anal - cash        Telephone conference with counsel re: definition of NAV and liquidity.         0.70    650       455.00
                             collateral
06/16/08   Bernard A. Katz   Bus anal - cash        Telephone conference with debtors and lenders counsel re: definitions.         0.50    650       325.00
                             collateral
06/16/08   Bernard A. Katz   Litigation support     Telephone conference with counsel re: special counsel.                         0.30    650       195.00
06/16/08   Bernard A. Katz   Meeting of creditors   Committee call.                                                                1.20    650       780.00
06/17/08   Bernard A. Katz   Bus anal - business    Telephone conference with J. H. Cohn construction team re: findings            1.00    650       650.00
                             plan                   to date.
06/17/08   Bernard A. Katz   Bus anal - cash        Telephone conferences with counsel re: disgorgement definitions and            2.20    650     1,430.00
                             collateral             covenants.


                                                                         Page 26
                 Case 08-10928-JKO                    Document 2063                  Filed 10/31/2008               Page 28 of 71
                                                              TOUSA, Inc., et al                                                      Exhibit "4"
                                                          Case No. 08-10928 (JKO)
                                       J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional      Activity                                            Description                               Hours    Rate      Fee
06/17/08   Bernard A. Katz   Bus anal - cash        Telephone conferences with counsel for banks and committee re:           1.30    650       845.00
                             collateral             disgorgement definitions and covenants.
06/17/08   Bernard A. Katz   Meeting of creditors   Committee call.                                                          1.70    650     1,105.00
06/18/08   Bernard A. Katz   Bus anal - cash        Telephone conferences with counsel re: reporting covenants and           0.80    650       520.00
                             collateral             definitions.
06/18/08   Bernard A. Katz   Bus anal - cash        Telephone conference with counsel to 1st lien lenders and committee      0.70    650       455.00
                             collateral             re: same.
06/19/08   Bernard A. Katz   Bus anal - business    Telephone conference with J. H. Cohn construction team re: findings      0.70    650       455.00
                             plan                   to date and meeting with RCLCO.
06/19/08   Bernard A. Katz   Bus anal - business    Telephone conference with Kroll re: land costs in business plan.         0.30    650       195.00
                             plan
06/19/08   Bernard A. Katz   Bus anal - cash        Review final draft of cash collateral order.                             0.80    650       520.00
                             collateral
06/19/08   Bernard A. Katz   Bus anal - cash        Review certification re: disgorgement.                                   0.50    650       325.00
                             collateral
06/19/08   Bernard A. Katz   Meeting of creditors   Attend Committee meeting.                                                2.50    650     1,625.00
06/20/08   Bernard A. Katz   Bus anal - business    Review JHC findings on test communities and discuss with A.              5.20    650     3,380.00
                             plan                   Benbrook
06/24/08   Bernard A. Katz   Bus anal - business    Review Fox Grove Bulk Sale summary                                       0.20    650       130.00
                             plan
06/24/08   Bernard A. Katz   Bus anal - business    Telephone conference with RCLCO and Moelis re: business plan             2.20    650     1,430.00
                             plan
06/24/08   Bernard A. Katz   Bus anal - business    Telephone conference with JHC construction team re: vetting of           0.60    650       390.00
                             plan                   business plan
06/24/08   Bernard A. Katz   Business analysis      Review summary of 2008 incentive comp plan                               0.50    650       325.00
06/24/08   Bernard A. Katz   Business analysis      Review form 8K                                                           0.30    650       195.00
06/24/08   Bernard A. Katz   Meeting of creditors   Telephone conference with Committee.                                     0.70    650       455.00
06/26/08   Bernard A. Katz   Bus anal - business    Redacted                                                                 0.90    650       585.00
                             plan
06/26/08   Bernard A. Katz   Business analysis      Review motion for entry of an order establishing procedures for          0.80    650       520.00
                                                    Debtors acquisition of real property
06/26/08   Bernard A. Katz   Business analysis      Review motion approving settlement agreement with ORA Residential        0.40    650       260.00
                                                    regarding Beacon Hill
06/26/08   Bernard A. Katz   Business analysis      Review motion approving settlement with Big Water Partners and           0.40    650       260.00
                                                    Independence Land Development
06/26/08   Bernard A. Katz   Business analysis      Review debtors' 3rd motion to reject certain executory contracts         0.30    650       195.00
06/26/08   Bernard A. Katz   Business analysis      Review various e-mails from Counsel re: pending motions                  1.20    650       780.00
06/27/08   Bernard A. Katz   Bus anal - business    Telephone conference with Counsel re: litigation issues(.7); Meeting     5.20    650     3,380.00
                             plan                   with Moelis & RCLCO re: business plan(4.3); Telephone conference
                                                    with Counsel re: pushback on business plan(.2)

06/30/08   Bernard A. Katz   Business analysis      Review corporate organization and conveying subsidiary analysis.         0.90    650       585.00

06/30/08   Bernard A. Katz   Business analysis      Review correspondence from Bank's counsel re: BDO retention.             0.70    650       455.00
06/30/08   Bernard A. Katz   Business analysis      Telephone conference with counsel re: BDO.                               0.30    650       195.00
07/01/08   Bernard A. Katz   Litigation support     Pre-meeting re: litigation issues.                                       1.50    650       975.00
07/01/08   Bernard A. Katz   Litigation support     Meeting with counsel re: litigation issues.                              5.00    650     3,250.00
07/01/08   Bernard A. Katz   Meeting of creditors   Committee call.                                                          1.20    650       780.00
07/02/08   Bernard A. Katz   Bus anal - business    Meeting with J. H. Cohn staff re: fundings/business plan test            2.40    650     1,560.00
                             plan                   communities.
07/02/08   Bernard A. Katz   Bus anal - business    Telephone conference with Debtor's financial advisor re:                 0.30    650       195.00
                             plan                   fundings/business plan test communities.
07/08/08   Bernard A. Katz   Bus anal - business    Review committee presentation                                            2.80    650     1,820.00
                             plan
07/08/08   Bernard A. Katz   Bus anal - business    Discuss business plan variance analysis with K. Clancy and A.            1.20    650       780.00
                             plan                   Benbrook.
07/08/08   Bernard A. Katz   Meeting of creditors   Committee call.                                                          1.00    650       650.00
07/09/08   Bernard A. Katz   Bus anal - business    Review certain business plan assumptions and modeling.                   3.10    650     2,015.00
                             plan
07/10/08   Bernard A. Katz   Bus anal - business    Review open issues                                                       0.50    650       325.00
                             plan
07/11/08   Bernard A. Katz   Bus anal - cash        Review certifications of Chase & Monarch.                                2.50    650     1,625.00
                             collateral
07/15/08   Bernard A. Katz   Bus anal - business    Meeting with K. Clancy re: scorecard for sample community                1.20    650       780.00
                             plan                   construction analysis.
07/15/08   Bernard A. Katz   Bus anal - business    Meeting with counsel, RCLCO and Moelis re: business plan and             2.80    650     1,820.00
                             plan                   current performance.



                                                                         Page 27
                 Case 08-10928-JKO                   Document 2063                 Filed 10/31/2008                Page 29 of 71
                                                              TOUSA, Inc., et al                                                        Exhibit "4"
                                                          Case No. 08-10928 (JKO)
                                       J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional      Activity                                              Description                               Hours    Rate      Fee
07/15/08   Bernard A. Katz   Bus anal - cash        Telephone conference with counsel re: certifications of compliance for     0.40    650       260.00
                             collateral             paydown.
07/15/08   Bernard A. Katz   Meeting of creditors   Committee call.                                                            1.00    650       650.00
07/16/08   Bernard A. Katz   Bus anal - cash        Review certifications re: pay-down and discuss process and tracking        1.00    650       650.00
                             collateral             with AH and KC.
07/16/08   Bernard A. Katz   Bus anal - cash        Review certifications and discuss issues with counsel.                     0.70    650       455.00
                             collateral
07/16/08   Bernard A. Katz   Litigation support     Telephone conferences with Debtors and Banks financial advisors re:        0.50    650       325.00
                                                    certifications.
07/17/08   Bernard A. Katz   Bus anal - cash        Various telephone conferences with counsel re: objection to                0.90    650       585.00
                             collateral             certification.
07/17/08   Bernard A. Katz   Bus anal - cash        Telephone conferences with Bank's counsel re: objection to                 0.80    650       520.00
                             collateral             certification.
07/17/08   Bernard A. Katz   Bus anal - cash        Review certifications for compliance.                                      0.50    650       325.00
                             collateral
07/18/08   Bernard A. Katz   Bus anal - business    Meeting with Moelis and RCLCO re: committee presentation of                4.50    650     2,925.00
                             plan                   business plan findings.
07/18/08   Bernard A. Katz   Bus anal - business    Telephone conference with counsel to discuss presentation.                 0.70    650       455.00
                             plan
07/18/08   Bernard A. Katz   Bus anal - cash        Telephone conference with counsel re: J. H. Cohn responsibility on         0.30    650       195.00
                             collateral             certification.
07/18/08   Bernard A. Katz   Bus anal - cash        Telephone conference with K. Clancy re: certifications.                    0.20    650       130.00
                             collateral
07/18/08   Bernard A. Katz   Fee/employ             Review June bill.                                                          0.50    650       325.00
                             applications
07/21/08   Bernard A. Katz   Bus anal - cash        Review analysis of certifying debt holders and discuss with A.             1.60    650     1,040.00
                             collateral             Hanover(.8). Telephone conference with counsel re: same(.3).
                                                    Telephone conference with 1st lien holders counsel re: same (.5).

07/21/08   Bernard A. Katz   Bus anal - cash        Prepare letter to Westport Capital re: objection to paydown.               0.50    650       325.00
                             collateral
07/21/08   Bernard A. Katz   Bus anal - cash        Review Citibank and Westport Capital submissions                           0.50    650       325.00
                             collateral
07/21/08   Bernard A. Katz   Bus anal - cash        Telephone conference with Debtor and Bank financial advisors re:           0.40    650       260.00
                             collateral             submission
07/21/08   Bernard A. Katz   Bus anal - cash        Review Taconic submission                                                  0.60    650       390.00
                             collateral
07/22/08   Bernard A. Katz   Bus anal - business    Telephone conference with Boken re: intercompany 7/31 information          0.60    650       390.00
                             plan
07/22/08   Bernard A. Katz   Bus anal - business    Telephone conference with WCP real estate fund re: debt holder             0.40    650       260.00
                             plan
07/22/08   Bernard A. Katz   Bus anal - business    Meeting with JHC staff re: Boken and 7/31 information                      0.50    650       325.00
                             plan
07/22/08   Bernard A. Katz   Bus anal - business    Review Moelis presentations re: Midatlantic Sales & PHMC                   0.70    650       455.00
                             plan
07/22/08   Bernard A. Katz   Meeting of creditors   Committee call                                                             1.50    650       975.00
07/22/08   Bernard A. Katz   Meeting of creditors   Telephone conference with professionals re: committee call                 0.50    650       325.00
07/23/08   Bernard A. Katz   Litigation support     Telephone conference with Counsel re: 7/31 and intercompany                4.50    650     2,925.00
                                                    information(.4); Telephone conference with Litigation Counsel re:
                                                    same(.3); Correspondence with Boken re: same(.3); Review draft of
                                                    Committee presentation(3.5)
07/24/08   Bernard A. Katz   Bus anal - business    Telephone conference with Counsel re: REDACTED.                            0.90    650       585.00
                             plan
07/24/08   Bernard A. Katz   Bus anal - business    Meeting with JHC and RCLCO team re: REDACTED.                              4.10    650     2,665.00
                             plan
07/24/08   Bernard A. Katz   Bus anal - business    Telephone conferences with Boken re: 7/31 information and meeting          0.60    650       390.00
                             plan                   dates.
07/24/08   Bernard A. Katz   Bus anal - business    Review Moelis presentation REDACTED and discuss with JM                    0.70    650       455.00
                             plan
07/24/08   Bernard A. Katz   Litigation support     Telephone conference with Litigation Counsel re: document                  0.50    650       325.00
07/24/08   Bernard A. Katz   Litigation support     Discussion with A. Hanover re: corporate organization chart and            0.50    650       325.00
                                                    impact on insolvency analysis.
07/24/08   Bernard A. Katz   Meeting of creditors   Prepare for committee meeting                                              1.20    650       780.00
07/25/08   Bernard A. Katz   Meeting of creditors   Committee meetings including preparation time                              8.00    650     5,200.00
07/30/08   Bernard A. Katz   Litigation support     Correspondence with Counsel re: documents(.3); Telephone                   1.00    650       650.00
                                                    conference with KZC re: same(.7)
07/31/08   Bernard A. Katz   Litigation support     Telephone conferences and emails with Counsel re: documents                1.00    650       650.00



                                                                        Page 28
                 Case 08-10928-JKO                   Document 2063                  Filed 10/31/2008              Page 30 of 71
                                                              TOUSA, Inc., et al                                                        Exhibit "4"
                                                          Case No. 08-10928 (JKO)
                                       J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional      Activity                                             Description                                Hours    Rate      Fee
08/04/08   Bernard A. Katz   Litigation support     Telephone conferences with counsel re: meeting with debtor and             0.90    650       585.00
                                                    counsel.
08/04/08   Bernard A. Katz   Litigation support     Review document production.                                                7.40    650     4,810.00
08/05/08   Bernard A. Katz   Litigation support     Meetings with counsel and Moelis re: documents.                            3.50    650     2,275.00
08/05/08   Bernard A. Katz   Litigation support     Meeting with debtor and their professionals re: inter-company balance.     3.00    650     1,950.00

08/05/08   Bernard A. Katz   Meeting of creditors   Committee call.                                                            1.50    650       975.00
08/06/08   Bernard A. Katz   Litigation support     Review business plan prepared by Broadpoint and discuss with K.            1.90    650     1,235.00
                                                    Clancy. REDACTED
08/06/08   Bernard A. Katz   Litigation support     Meeting with debtor and committee re: Art Falcon and Matlin-Paterson       3.50    650     2,275.00
                                                    REDACTED
08/07/08   Bernard A. Katz   Bus anal - business    Telephone conference with construction team re: costing assumptions.       0.70    650       455.00
                             plan
08/07/08   Bernard A. Katz   Litigation support     Telephone conference with counsel re: litigation documents and inter-      0.80    650       520.00
                                                    company analysis.
08/07/08   Bernard A. Katz   Litigation support     Meeting with K. Clancy and A. Hanover re: inter-company and B/S test       5.50    650     3,575.00
                                                    for solvency analysis.
08/08/08   Bernard A. Katz   Litigation support     Review inter-company a/c's by legal entity.                                1.00    650       650.00
08/11/08   Bernard A. Katz   Bus anal - business    Review summary of Circle Ranch bulk sale.                                  0.40    650       260.00
                             plan
08/11/08   Bernard A. Katz   Bus anal - business    Review summary of National City relief motion.                             0.20    650       130.00
                             plan
08/11/08   Bernard A. Katz   Bus anal - cash        Review certificate control sheet and related calculations.                 0.30    650       195.00
                             collateral
08/11/08   Bernard A. Katz   Litigation support     Review Akin memos re: pending motions.                                     1.10    650       715.00
08/11/08   Bernard A. Katz   Litigation support     Review Kirkland and Russell Robbins correspondence re: access to           0.50    650       325.00
                                                    HSP and ESSBASE.
08/11/08   Bernard A. Katz   Litigation support     Review data production of 8/7 re: filing date inter-company a/c's.         3.50    650     2,275.00
08/12/08   Bernard A. Katz   Litigation support     Meeting with counsel re: insolvency analysis.                              5.50    650     3,575.00
08/12/08   Bernard A. Katz   Meeting of creditors   Committee call.                                                            1.50    650       975.00
08/13/08   Bernard A. Katz   Litigation support     Telephone conference with K. Clancy re: status of motion to compel.        0.50    650       325.00

08/13/08   Bernard A. Katz   Litigation support     Telephone conference with counsel re: meeting with litigation counsel.     0.50    650       325.00

08/14/08   Bernard A. Katz   Litigation support     Review and discuss list of documents requested from data base.             2.70    650     1,755.00

08/14/08   Bernard A. Katz   Litigation support     Telephone conference with counsel re: list of documents requested          0.30    650       195.00
                                                    from data base.
08/15/08   Bernard A. Katz   Litigation support     Telephone conference with counsel re: document status and results of       1.00    650       650.00
                                                    hearing.
08/15/08   Bernard A. Katz   Litigation support     Telephone conference with K. Clancy re: questions for Q&A session.         0.40    650       260.00

08/15/08   Bernard A. Katz   Litigation support     Prepare questions for Q&A session.                                         0.60    650       390.00
08/18/08   Bernard A. Katz   Litigation support     Review minutes of 6/20/07 Board of Directors meeting.                      0.80    650       520.00
08/18/08   Bernard A. Katz   Litigation support     Review Citicorp's document request to committee.                           0.70    650       455.00
08/18/08   Bernard A. Katz   Litigation support     Review debtor's response and objections to Citicorp's second               0.60    650       390.00
                                                    requests.
08/18/08   Bernard A. Katz   Litigation support     Telephone conference with counsel re: questions for Q&A session.           1.10    650       715.00

08/18/08   Bernard A. Katz   Litigation support     Review various document productions.                                       4.00    650     2,600.00
08/19/08   Bernard A. Katz   Litigation support     Review counsel's summaries of pending motions.                             0.50    650       325.00
08/19/08   Bernard A. Katz   Meeting of creditors   Committee call.                                                            1.50    650       975.00
08/21/08   Bernard A. Katz   Litigation support     Prepare for meeting re: review Papez e-mail with attachments and           2.10    650     1,365.00
                                                    discuss with K. Clancy.
08/21/08   Bernard A. Katz   Litigation support     Meeting with counsel, debtors and financial advisor re: analysis, 7/31     3.90    650     2,535.00
                                                    B/S and Trancast transaction Q&A.
08/21/08   Bernard A. Katz   Litigation support     Telephone conference with counsel and RCLCO re: analysis, 7/31 B/S         0.50    650       325.00
                                                    and Trancast transaction Q&A.
08/22/08   Bernard A. Katz   Bus anal - business    Review Moelis presentation re: MPF offer and POR. REDACTED                 0.50    650       325.00
                             plan
08/22/08   Bernard A. Katz   Litigation support     Review debtor's proposed order regarding access to debtors'                0.70    650       455.00
                                                    electronic database and discuss with counsel.
08/22/08   Bernard A. Katz   Litigation support     Review AP document production and discuss with K. Clancy and A.            6.80    650     4,420.00
                                                    Hanover.
08/22/08   Bernard A. Katz   Meeting of creditors   Committee call.                                                            1.50    650       975.00
08/25/08   Bernard A. Katz   Litigation support     Review various document productions (AP, Citibank, debtor, etc.)           9.70    650     6,305.00

08/25/08   Bernard A. Katz   Litigation support     Telephone conference with K. Clancy re: hearing.                           0.30    650       195.00


                                                                        Page 29
                 Case 08-10928-JKO                   Document 2063                  Filed 10/31/2008                 Page 31 of 71
                                                              TOUSA, Inc., et al                                                         Exhibit "4"
                                                          Case No. 08-10928 (JKO)
                                       J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional      Activity                                            Description                                  Hours    Rate     Fee
08/26/08   Bernard A. Katz   Litigation support     Review AP document production. REDACTED                                     5.50    650     3,575.00
08/26/08   Bernard A. Katz   Litigation support     Meeting with RCLCO and Moelis re: AP solvency opinion.                      3.50    650     2,275.00
                                                    REDACTED
08/26/08   Bernard A. Katz   Litigation support     Telephone conference with counsel re: document status.                      0.40    650       260.00
08/26/08   Bernard A. Katz   Meeting of creditors   Committee call.                                                             0.80    650       520.00
08/27/08   Bernard A. Katz   Litigation support     Review various document production (AP, Citibank, debtor) and               5.70    650     3,705.00
                                                    discuss with K. Clancy and A. Hanover.
08/27/08   Bernard A. Katz   Litigation support     Telephone conference with counsel re: hearing.                              0.30    650       195.00
08/28/08   Bernard A. Katz   Litigation support     Telephone conference with Moelis re: meeting with counsel.                  0.30    650       195.00
08/28/08   Bernard A. Katz   Litigation support     Review various documents productions including AP, Citibank, debtor,        7.50    650     4,875.00
                                                    etc.
           Bernard A. Katz Total                                                                                              343.10          223,015.00
05/05/08   Chris Cropley    Litigation support      Added new reference to reporting and legal structure document.              4.30    250     1,075.00
                                                    Comparison and contrast of communities in JHC current data.
05/06/08   Chris Cropley     Litigation support     Updated organizational chart with Sunbelt Division to master                1.50    250       375.00
                                                    community list.
05/06/08   Chris Cropley     Litigation support     Downloaded 2006 and 2007 10K's and 10Q's and formulated data into           1.80    250       450.00
                                                    spreadsheet summarizing financial statement for future analysis.

05/06/08   Chris Cropley     Litigation support     Created chart for historical information of stock prices.                   0.50    250       125.00
05/06/08   Chris Cropley     Litigation support     Updated reporting and legal structure document.                             2.00    250       500.00
05/08/08   Chris Cropley     Litigation support     Meeting with K. Clancy re information obtained from CD in "tif" format.     0.20    250        50.00

05/08/08   Chris Cropley     Litigation support     Extracted documents and put on network drive.                               2.80    250       700.00
05/08/08   Chris Cropley     Litigation support     Reviewed documents from CD.                                                 2.00    250       500.00
05/08/08   Chris Cropley     Litigation support     Meeting with K. Clancy re CD documents.                                     0.20    250        50.00
05/09/08   Chris Cropley     Litigation support     Meeting with A. Hanover re historical financial statement information.      1.00    250       250.00

05/09/08   Chris Cropley     Litigation support     Reviewed historical data.                                                   2.30    250       575.00
05/09/08   Chris Cropley     Litigation support     Organized historical financial statement data and formulated                2.00    250       500.00
                                                    comparison spreadsheet and reviewed same.
05/12/08   Chris Cropley     Litigation support     Meeting with K. Clancy re IPublish program CD presentation.                 0.20    250        50.00
05/12/08   Chris Cropley     Litigation support     Reviewed historical data received from K. Clancy.                           6.50    250     1,625.00
05/13/08   Chris Cropley     Litigation support     Reviewed historical data received from K. Clancy.                           4.50    250     1,125.00
05/14/08   Chris Cropley     Litigation support     Cross-referenced index from CD with JHC index.                              1.30    250       325.00
05/14/08   Chris Cropley     Litigation support     Reviewed historical CD information.                                         7.00    250     1,750.00
05/15/08   Chris Cropley     Litigation support     Reviewed historical balance sheet data and created spreadsheet              2.00    250       500.00
                                                    analysis for Adam.
05/15/08   Chris Cropley     Litigation support     Consolidated indices.                                                       3.00    250       750.00
05/16/08   Chris Cropley     Litigation support     Cross-referenced index from CD with JHC index.                              3.00    250       750.00
05/16/08   Chris Cropley     Litigation support     Reviewed historical income statement and inpairment information and         3.00    250       750.00
                                                    created spreadsheet analysis for Adam.
05/20/08   Chris Cropley     Litigation support     Reviewed documents received for document request lists.                     1.20    250       300.00
05/21/08   Chris Cropley     Litigation support     Reviewed documents received for document request lists.                     1.00    250       250.00
05/22/08   Chris Cropley     Litigation support     Reviewed documents received for document request lists.                     4.00    250     1,000.00
05/22/08   Chris Cropley     Litigation support     Reorganized Tousa file and updated same.                                    1.20    250       300.00
05/22/08   Chris Cropley     Litigation support     Organized 2006 10K's and 2007 10Q's binder for Adam.                        0.50    250       125.00
05/27/08   Chris Cropley     Litigation support     Updated intralinks document index.                                          5.00    250     1,250.00
05/27/08   Chris Cropley     Litigation support     Created master document control index.                                      0.50    250       125.00
05/28/08   Chris Cropley     Litigation support     Updated intralinks document index.                                          2.50    250       625.00
05/28/08   Chris Cropley     Litigation support     Meeting with A. Hanover re document organization.                           1.20    250       300.00
05/29/08   Chris Cropley     Litigation support     Integrated and formatted Eatontown and Metro Park's master                  1.20    250       300.00
                                                    document control indext.
05/29/08   Chris Cropley     Litigation support     Organized documents and indexes for A. Hanover.                             0.50    250       125.00
05/29/08   Chris Cropley     Litigation support     Conference with A. Hanover re organization binders and indices.             1.30    250       325.00
05/29/08   Chris Cropley     Litigation support     Formatted Master Document Control index for A. Hanover review.              1.20    250       300.00

05/29/08   Chris Cropley     Litigation support     Analyzed intralinks website and identified financial documents              3.10    250       775.00
                                                    requested.
06/02/08   Chris Cropley     Litigation support     Finished creating binder for master document control index.                 0.50    250       125.00
06/04/08   Chris Cropley     Bus anal - cash        Indexed Citibank documents received.                                        4.80    250     1,200.00
                             collateral
06/05/08   Chris Cropley     Bus anal - cash        Indexed Citibank documents received.                                        1.20    250       300.00
                             collateral
06/05/08   Chris Cropley     Bus anal - cash        Reviewed new documents received on CD.                                      1.10    250       275.00
                             collateral




                                                                        Page 30
                 Case 08-10928-JKO                  Document 2063                 Filed 10/31/2008               Page 32 of 71
                                                              TOUSA, Inc., et al                                                       Exhibit "4"
                                                          Case No. 08-10928 (JKO)
                                       J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional     Activity                                            Description                                 Hours    Rate     Fee
06/09/08   Chris Cropley    Bus anal - business   Job Cost Testing for Tampa K86 TB Pod VII - 75 (Subdivision).              10.70    250     2,675.00
                            plan                  Vouched checks, invoices and purchase orders for Job #: 80, 81 and
                                                  82.
06/10/08   Chris Cropley    Bus anal - business   Job Cost Testing for Tampa U54 Wind Meadows (Subdivision).                 12.90    250     3,225.00
                            plan                  Vouched checks, invoices and purchase orders for Job #: 07, 08, 09
                                                  and 30.
06/11/08   Chris Cropley    Bus anal - business   Prepared budget vs actual analysis spreadsheets using IDEA                  9.10    250     2,275.00
                            plan                  integration for Tampa U54 Wind Meadows and Tampa K86 TB Pod VII
                                                  - 75 (subdivisions)
06/12/08   Chris Cropley    Bus anal - business   Prepare job cost detail analysis spreadsheets using IDEA integration        8.70    250     2,175.00
                            plan                  for: Texas Houston I60 Telfair, Texas Houston F49 Fairfield-
                                                  Bluebonnet Glen (80'), Texas Houston 030 Sienna Plantation -
                                                  Kenneth Hill, Texas Houston-Trophy 071 Woodland Pines - 55', and
                                                  Texas - Houston - Trophy 896 Enclave at Southern Trails
                                                  (Subdivisions of Texas Region).
06/13/08   Chris Cropley    Bus anal - business   Prepare budget vs actual analysis spreadsheets using IDEA                   2.10    250       525.00
                            plan                  integration for: Texas Austin J73 The Ranch at Brushy Creek - AC 50s,
                                                  Texas Austin E98 Independence Park, Texas Austin 149 Belterra
                                                  (Subdivisions of Texas Region)
06/13/08   Chris Cropley    Bus anal - business   Prepare job cost detail analysis spreadsheets using IDEA integration        5.10    250     1,275.00
                            plan                  for: Texas Austin J73 The Ranch at Brushy Creek - AC 50s, Texas
                                                  Austin E98 Independence Park, Texas Austin 149 Belterra
                                                  (Subdivisions of Texas Region).
06/16/08   Chris Cropley    Bus anal - business   Produced job cost test analysis spreadsheets for Colorado Divisions         1.30    250       325.00
                            plan                  (Jobs 22404, 40404 and 40504 using IDEA integration.

06/16/08   Chris Cropley    Bus anal - business   Produced Budget vs. Actual reports for Austin Divisions                     3.10    250       775.00
                            plan                  (Independence Park and Brushy Creek) through IDEA integration.

06/17/08   Chris Cropley    Bus anal - business   Job Cost Testing for Austin division (Independence Park - Jobs: 074,        9.10    250     2,275.00
                            plan                  078, 079 and 086).
06/18/08   Chris Cropley    Bus anal - business   Job Cost Testing for Austin Division (Independence Park- Jobs: 074,        12.40    250     3,100.00
                            plan                  078, 079 and 086)
06/19/08   Chris Cropley    Bus anal - business   Job Cost Testing for Austin division (Rogers Ranch - Jobs: 174, 177,        9.90    250     2,475.00
                            plan                  197, 199)
06/20/08   Chris Cropley    Bus anal - business   Closed open items from Job Cost Testing for Austin Divisions (Rogers        4.80    250     1,200.00
                            plan                  Ranch - Jobs: 174, 177, 197, 199 and Independence Park - Jobs: 074,
                                                  078, 079 and 086).
06/22/08   Chris Cropley    Bus anal - business   Prepared Budget vs Actual reports for Colorado Division (Haven              3.10    250       775.00
                            plan                  Western - Jobs: 21104, 22404, 40404 and 40504 and Beacon Point -
                                                  Jobs: 20102, 50102, 62402, and 71702) using IDEA integration.

06/23/08   Chris Cropley    Bus anal - business   Job Cost Testing for Colorado Division (Beacon Point Jobs: 20102,          11.70    250     2,925.00
                            plan                  50102, 62402 and 71702; Haven Western Jobs: 21104, 22404, 40404,
                                                  40504).
06/24/08   Chris Cropley    Bus anal - business   Job Cost Testing for Colorado Division (Beacon Point Jobs: 20102,           9.10    250     2,275.00
                            plan                  50102, 62402 and 71702; Haven Western Jobs: 21104, 22404, 40404,
                                                  40504) continued
06/25/08   Chris Cropley    Bus anal - business   Job Cost Testing for Colorado Division (Beacon Point Jobs: 20102,           5.80    250     1,450.00
                            plan                  50102, 62402 and 71702; Haven Western Jobs: 21104, 22404, 40404,
                                                  40504) continued
06/30/08   Chris Cropley    Bus anal - business   Review/analyze entity structure.                                            1.50    250       375.00
                            plan
07/01/08   Chris Cropley    Litigation support    Updated Intralinks document index (5/28-7/1).                               7.50    250     1,875.00
07/02/08   Chris Cropley    Litigation support    Created document index for 4th CD received from Debtors.                    6.70    250     1,675.00
07/03/08   Chris Cropley    Litigation support    Created document index for 4th CD received from Debtors.                    4.30    250     1,075.00
07/07/08   Chris Cropley    Litigation support    Consolidated all subdivisions listed in the model into a spreadsheet by     3.20    250       800.00
                                                  division.
07/07/08   Chris Cropley    Litigation support    Updated binders which contained all the indices for documents               4.50    250     1,125.00
                                                  received for TOUSA, Inc.
07/09/08   Chris Cropley    Litigation support    Reviewed documents on the 4th CD received from Counsel.                     5.20    250     1,300.00
07/10/08   Chris Cropley    Litigation support    Consolidated the open items lists for JH Cohn and RCLCO.                    2.50    250       625.00
07/21/08   Chris Cropley    Bus anal - business   Prepare caseware audit workpapers.                                          3.30    250       825.00
                            plan
07/28/08   Chris Cropley    Litigation support    Accumulated documents from Debtor's Production Indices for review           4.10    250     1,025.00
                                                  by AH.
           Christopher Cropley Total                                                                                        244.80           61,200.00



                                                                      Page 31
                 Case 08-10928-JKO                  Document 2063                   Filed 10/31/2008            Page 33 of 71
                                                            TOUSA, Inc., et al                                                        Exhibit "4"
                                                        Case No. 08-10928 (JKO)
                                     J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional     Activity                                          Description                                  Hours    Rate      Fee
06/13/08   Chris Gaeta      Bus anal - business   Meeting to discuss Houston plan                                            2.00    425       850.00
                            plan
06/17/08   Chris Gaeta      Bus anal - business   Gross profit trend analysis report - Telfair                               1.50    425       637.50
                            plan
06/17/08   Chris Gaeta      Bus anal - business   Historical gross margin report analysis - Telefair                         1.50    425       637.50
                            plan
06/17/08   Chris Gaeta      Bus anal - business   Gross profit trend analysis report - Sienna                                1.50    425       637.50
                            plan
06/17/08   Chris Gaeta      Bus anal - business   Historical gross margin report analysis - Sienna                           1.50    425       637.50
                            plan
06/17/08   Chris Gaeta      Bus anal - business   Gross profit trend analysis report - Southern Trails                       1.70    425       722.50
                            plan
06/17/08   Chris Gaeta      Bus anal - business   Historical gross margin report analysis - Southern Trails                  1.50    425       637.50
                            plan
06/17/08   Chris Gaeta      Bus anal - business   Gross profit trend analysis report - Fairfield                             1.70    425       722.50
                            plan
06/17/08   Chris Gaeta      Bus anal - business   Historical gross margin report analysis - Fairfield                        1.60    425       680.00
                            plan
06/18/08   Chris Gaeta      Bus anal - business   Job site visit - Telfair                                                   3.50    425     1,487.50
                            plan
06/18/08   Chris Gaeta      Bus anal - business   IDCC analysis - Telfair                                                    1.50    425       637.50
                            plan
06/18/08   Chris Gaeta      Bus anal - business   IDCC analysis - Seinna                                                     2.50    425     1,062.50
                            plan
06/18/08   Chris Gaeta      Bus anal - business   IDCC analysis - Southern Trails                                            1.50    425       637.50
                            plan
06/18/08   Chris Gaeta      Bus anal - business   Land cost analysis (MUD transaction) - Southern trails                     2.00    425       850.00
                            plan
06/18/08   Chris Gaeta      Bus anal - business   Land bank analysis - Southern trails                                       1.50    425       637.50
                            plan
06/18/08   Chris Gaeta      Bus anal - business   IDCC analysis - Fairfield                                                  1.50    425       637.50
                            plan
06/19/08   Chris Gaeta      Bus anal - business   Generated and extracted cost code summary and cost comparison              5.30    425     2,252.50
                            plan                  reports for selected jobs in Denver and Arizona - E21, C38, B42 and
                                                  J96
06/19/08   Chris Gaeta      Bus anal - business   Budget plan analysis report - Telfair                                      1.10    425       467.50
                            plan
06/19/08   Chris Gaeta      Bus anal - business   Run rate analysis - Telfair                                                2.10    425       892.50
                            plan
06/19/08   Chris Gaeta      Bus anal - business   IDCC analysis - Sienna                                                     2.10    425       892.50
                            plan
06/19/08   Chris Gaeta      Bus anal - business   Budget plan analysis report - Sienna                                       1.00    425       425.00
                            plan
06/19/08   Chris Gaeta      Bus anal - business   Run rate analysis - Sienna                                                 2.10    425       892.50
                            plan
06/19/08   Chris Gaeta      Bus anal - business   Budget plan analysis report - Southern trails                              1.20    425       510.00
                            plan
06/19/08   Chris Gaeta      Bus anal - business   Run rate analysis - Souther trails                                         2.30    425       977.50
                            plan
06/19/08   Chris Gaeta      Bus anal - business   Budget plan analysis report - Fairfield                                    1.20    425       510.00
                            plan
06/19/08   Chris Gaeta      Bus anal - business   Run rate analysis - Fairfield                                              2.30    425       977.50
                            plan
06/20/08   Chris Gaeta      Bus anal - business   Generated and extracted cost code summary and cost comparison              2.60    425     1,105.00
                            plan                  reports for jobs in Denver and Arizona, specifically E21, B42, C38 and
                                                  J96
06/26/08   Chris Gaeta      Bus anal - business   Generated and extracted the construction status reports for Florida,       2.70    425     1,147.50
                            plan                  Texas and Western divisions
           Christopher Gaeta Total                                                                                          54.50           23,162.50
05/20/08   Craig Sacchetto  Litigation support    Meeting with A. Hanover to discuss model cash flow issues.                 0.30    250        75.00
05/22/08   Craig Sacchetto  Bus anal - business   Created spreadsheet for Job Cost Detail Report.                            4.50    250     1,125.00
                            plan
05/27/08   Craig Sacchetto  Bus anal - business   Copied and burned files to multiple CDs.                                   1.70    250       425.00
                            plan
05/28/08   Craig Sacchetto  Bus anal - business   Converted job cost detail reports into spreadsheet; created                6.80    250     1,700.00
                            plan                  spreadsheet to track reports and organized document folder.
05/30/08   Craig Sacchetto  Bus anal - business   Prepared document inventory of documents received.                         1.50    250       375.00
                            plan


                                                                         Page 32
                 Case 08-10928-JKO                  Document 2063                    Filed 10/31/2008             Page 34 of 71
                                                            TOUSA, Inc., et al                                                        Exhibit "4"
                                                        Case No. 08-10928 (JKO)
                                     J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional      Activity                                          Description                                 Hours    Rate     Fee
06/02/08   Craig Sacchetto   Bus anal - business   Prepare document inventory and organized same; set up job selection       6.70    250     1,675.00
                             plan                  spreadsheet; reviewed email of land acquisition files and logged on
                                                   master schedule.
06/03/08   Craig Sacchetto   Bus anal - business   Document inventory and job selection.                                     4.50    250     1,125.00
                             plan
06/04/08   Craig Sacchetto   Bus anal - business   Prepare Gross profit report                                               3.50    250       875.00
                             plan
06/05/08   Craig Sacchetto   Bus anal - business   Updated revenue and cost spreadsheet; prepare job cost detail report.     3.50    250       875.00
                             plan
06/06/08   Craig Sacchetto   Bus anal - business   Prepare Job Cost detail reports for Tampa division; prepare Closing       3.50    250       875.00
                             plan                  gross profit reports.
06/11/08   Craig Sacchetto   Bus anal - business   Prepare Closings reports. Prepare Budget VS Actual reports in excel       7.50    250     1,875.00
                             plan
06/12/08   Craig Sacchetto   Bus anal - business   Prepare Historical Gross Profit Margin reports in excel. Prepare job     10.50    250     2,625.00
                             plan                  selection reports. Prepare Gross Profit on closings reports. Prepare
                                                   Budget vs. Actual reports
06/13/08   Craig Sacchetto   Bus anal - business   Prepare Budget Vs Actual reports. Prepare Historical Gross Profit on      6.00    250     1,500.00
                             plan                  Closings reports
06/16/08   Craig Sacchetto   Bus anal - business   Organized Caseware files, prepare Job Cost Detail Reports; prepare        7.20    250     1,800.00
                             plan                  Budget vs. Actual Reports; Updated Gross profit on Closings Reports

06/17/08   Craig Sacchetto   Bus anal - business   Prepare Budget vs Actual reports. Updated historical gross profit        12.00    250     3,000.00
                             plan                  margin reports. Prepare reports based off of the gross profit on
                                                   closings reports
06/18/08   Craig Sacchetto   Bus anal - business   Prepare reports based off of the gross profit on closings reports        13.00    250     3,250.00
                             plan
06/19/08   Craig Sacchetto   Bus anal - business   Prepare budget analysis report.                                          14.00    250     3,500.00
                             plan
06/23/08   Craig Sacchetto   Bus anal - business   Analytics gross profit reports                                            1.00    250       250.00
                             plan
06/23/08   Craig Sacchetto   Bus anal - business   Job cost testing budget analysis                                          9.50    250     2,375.00
                             plan
06/23/08   Craig Sacchetto   Bus anal - business   Dade Doral testing                                                        2.00    250       500.00
                             plan
06/24/08   Craig Sacchetto   Bus anal - business   Budget analysis job site visit and job cost testing                       8.50    250     2,125.00
                             plan
06/26/08   Craig Sacchetto   Bus anal - business   Scanning & Linking Organizing Caseware files and folders                  7.50    250     1,875.00
                             plan
06/27/08   Craig Sacchetto   Bus anal - business   Budget Analysis reports                                                   0.50    250       125.00
                             plan
06/27/08   Craig Sacchetto   Bus anal - business   Budget Analysis report Formatted excel documents Caseware                 6.90    250     1,725.00
                             plan                  organization and update
07/02/08   Craig Sacchetto   Bus anal - business   Budget Vs. Actual Reports                                                 3.00    250       750.00
                             plan
07/02/08   Craig Sacchetto   Bus anal - business   Prepare documents/ backup schedules for analysis of test                  3.00    250       750.00
                             plan                  communities
07/02/08   Craig Sacchetto   Bus anal - business   Reconciled Cost Code Summary                                              2.50    250       625.00
                             plan
07/03/08   Craig Sacchetto   Bus anal - business   Prepare documents/ backup schedules for analysis of test                  3.50    250       875.00
                             plan                  communities
07/07/08   Craig Sacchetto   Bus anal - business   Preliminary Analysis reports                                              4.10    250     1,025.00
                             plan
07/07/08   Craig Sacchetto   Bus anal - business   Prepare documents/ backup schedules for analysis of test                  4.20    250     1,050.00
                             plan                  communities
07/08/08   Craig Sacchetto   Bus anal - business   Prepare documents/ backup schedules for analysis of test                  7.80    250     1,950.00
                             plan                  communities
07/09/08   Craig Sacchetto   Bus anal - business   Prepare documents/ backup schedules for analysis of test                  5.30    250     1,325.00
                             plan                  communities
07/09/08   Craig Sacchetto   Bus anal - business   Warranty Analysis                                                         2.50    250       625.00
                             plan
07/10/08   Craig Sacchetto   Bus anal - business   Prepare documents/ backup schedules for analysis of test                  2.80    250       700.00
                             plan                  communities
07/10/08   Craig Sacchetto   Bus anal - business   Warranty Analysis                                                         3.00    250       750.00
                             plan
07/10/08   Craig Sacchetto   Bus anal - business   Preliminary Analysis reports                                              1.50    250       375.00
                             plan
07/10/08   Craig Sacchetto   Bus anal - business   Scanned and linked into Caseware                                          1.50    250       375.00
                             plan


                                                                        Page 33
                 Case 08-10928-JKO                   Document 2063                  Filed 10/31/2008              Page 35 of 71
                                                              TOUSA, Inc., et al                                                      Exhibit "4"
                                                          Case No. 08-10928 (JKO)
                                       J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional       Activity                                             Description                             Hours    Rate     Fee
07/11/08   Craig Sacchetto    Bus anal - business   Preliminary Analysis reports                                             5.20    250     1,300.00
                              plan
07/11/08   Craig Sacchetto    Bus anal - business   Warranty Analysis                                                        2.50    250       625.00
                              plan
07/14/08   Craig Sacchetto    Bus anal - business   Preliminary Analysis reports                                             5.30    250     1,325.00
                              plan
07/14/08   Craig Sacchetto    Bus anal - business   Updated Top 25 Summary Adjustments sheet                                 5.50    250     1,375.00
                              plan
07/15/08   Craig Sacchetto    Bus anal - business   Preliminary Analysis reports                                             4.00    250     1,000.00
                              plan
07/15/08   Craig Sacchetto    Bus anal - business   Prepare documents/ backup schedules for analysis of test                 2.40    250       600.00
                              plan                  communities
07/16/08   Craig Sacchetto    Bus anal - business   Prepare documents/ backup schedules for analysis of test                 8.00    250     2,000.00
                              plan                  communities
07/17/08   Craig Sacchetto    Bus anal - business   Prepare documents/ backup schedules for analysis of test                 7.50    250     1,875.00
                              plan                  communities
07/18/08   Craig Sacchetto    Bus anal - business   Prepare documents/ backup schedules for analysis of test                 8.00    250     2,000.00
                              plan                  communities
07/21/08   Craig Sacchetto    Bus anal - business   Prepare documents/ backup schedules for analysis of test                 2.00    250       500.00
                              plan                  communities
07/21/08   Craig Sacchetto    Bus anal - business   Updated Top 25 Summary Adjustments sheet                                 3.50    250       875.00
                              plan
07/21/08   Craig Sacchetto    Bus anal - business   Preliminary Analysis reports                                             3.20    250       800.00
                              plan
07/21/08   Craig Sacchetto    Bus anal - business   Created/Modified Cost Adjustment Categories Worksheet                    2.40    250       600.00
                              plan
07/22/08   Craig Sacchetto    Bus anal - business   Updated Top 25 Summary Adjustments sheet                                 6.20    250     1,550.00
                              plan
07/23/08   Craig Sacchetto    Bus anal - business   Updated Top 25 Summary Adjustments sheet                                 3.10    250       775.00
                              plan
07/23/08   Craig Sacchetto    Bus anal - business   Updated Final Conclusions Power Point Presentation                       5.50    250     1,375.00
                              plan
08/20/08   Craig Sacchetto    Litigation support    Created and populated an impairment statistics excel worksheet           4.30    250     1,075.00

08/21/08   Craig Sacchetto  Litigation support      Continued populating the impairment statistics excel worksheet           8.50    250     2,125.00
08/22/08   Craig Sacchetto  Litigation support      Continued populating the impairment statistics excel worksheet           7.50    250     1,875.00
           Craig Sacchetto Total                                                                                           281.90           70,475.00
07/11/08   Erin Flynn       Litigation support      Review/analyze historical financial statements and filings               1.90    425       807.50
07/15/08   Erin Flynn       Litigation support      Review of analyses to be performed and meeting with S. Salantrie to      0.90    425       382.50
                                                    discuss same
07/17/08   Erin Flynn         Litigation support    Review summary of Tousa debt proceeds activity                           3.50    425     1,487.50
           Erin Flynn Total                                                                                                  6.30            2,677.50
05/01/08   Jack Callahan    Bus anal - business     Meeting at Kirkland Elis(3.5); discussions with management on            5.00    600     3,000.00
                            plan                    business plan (1); discussion with MC on due diligence (.5).
05/02/08   Jack Callahan    Bus anal - business     Discussion and review of RCLCO correspondence and discussions            2.00    600     1,200.00
                            plan                    with A. Benbrook on community selection process.
05/05/08   Jack Callahan    Bus anal - business     Meeting J. Callahan and M. Lipari re testing procedures and              2.00    600     1,200.00
                            plan                    assembling teams for cost testing.
05/05/08   Jack Callahan    Bus anal - business     General meeting with M. Curry and Amy Benbrook to discuss the            1.00    600       600.00
                            plan                    upcoming agenda
05/06/08   Jack Callahan    Bus anal - business     Discussions with A. Benbrook on staffing and approach to field work.     1.00    600       600.00
                            plan
05/13/08   Jack Callahan    Bus anal - business     Review with A. Benbrook status of project.                               1.00    600       600.00
                            plan
           Jack Callahan Total                                                                                              12.00            7,200.00
05/19/08   Jake Garboski    Bus anal - business     Meeting with A. Benbrook and J. Callahan re preliminary audit plan.      0.30    600       180.00
                            plan
05/20/08   Jake Garboski    Bus anal - business     Review team leaders and team staff suggestions. Review scheduling        1.10    600       660.00
                            plan                    and team schedules for June.
05/20/08   Jake Garboski    Bus anal - business     Review excel plan and advice re same.                                    0.30    600       180.00
                            plan
05/20/08   Jake Garboski    Bus anal - business     Discussion with A. Benbrook and team leaders.                            1.10    600       660.00
                            plan
05/21/08   Jake Garboski    Bus anal - business     Planning meeting developing work plan.                                   1.50    600       900.00
                            plan
05/21/08   Jake Garboski    Bus anal - business     Review data extraction of Tousa reports for cost testing.                0.50    600       300.00
                            plan



                                                                        Page 34
                 Case 08-10928-JKO                 Document 2063                   Filed 10/31/2008               Page 36 of 71
                                                          TOUSA, Inc., et al                                                          Exhibit "4"
                                                      Case No. 08-10928 (JKO)
                                   J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional    Activity                                             Description                                Hours    Rate      Fee
05/22/08   Jake Garboski   Bus anal - business   Preparation of budget for testing costs and gross profit analysis.          0.40    600       240.00
                           plan
05/22/08   Jake Garboski   Bus anal - business   Selection on Nashville homes for testing.                                   1.20    600       720.00
                           plan
05/27/08   Jake Garboski   Bus anal - business   Discussion with A. Benbrook obtaining reports from M. Curry for             0.20    600       120.00
                           plan                  utilization of invoice selection.
05/28/08   Jake Garboski   Bus anal - business   Discussion of staffing for expediating completion of 25 communities.        0.70    600       420.00
                           plan
05/28/08   Jake Garboski   Bus anal - business   Discussion with M. Curry and J. Maranino of remaining community             0.40    600       240.00
                           plan                  reports and timing of staff to head out to Nashville.
05/29/08   Jake Garboski   Bus anal - business   Discussion with staff regarding scheduling.                                 0.20    600       120.00
                           plan
05/30/08   Jake Garboski   Bus anal - business   Review of revised work plan.                                                0.50    600       300.00
                           plan
06/02/08   Jake Garboski   Bus anal - business   Discuss with Rick Robideau and Pat Shirah budget versus actual              1.10    600       660.00
                           plan                  analysis to determine procedurely how budgets are produced and
                                                 "scrubbed".
06/02/08   Jake Garboski   Bus anal - business   Variance analysis related to incentives and options and discussion of       1.30    600       780.00
                           plan                  potential trends related to last 4 months versus last full year.

06/02/08   Jake Garboski   Bus anal - business   Review over 400 invoices for 2 homes to ensure coding of costs is to        2.70    600     1,620.00
                           plan                  correct home.
06/02/08   Jake Garboski   Bus anal - business   Variance analysis related to closed homes.                                  2.10    600     1,260.00
                           plan
06/02/08   Jake Garboski   Bus anal - business   Analysis of gross profit by sale of home.                                   2.20    600     1,320.00
                           plan
06/03/08   Jake Garboski   Bus anal - business   Budet to actual variance analysis and discussion on overage account.        1.10    600       660.00
                           plan
06/03/08   Jake Garboski   Bus anal - business   Preparation and review of job site memo and cross referencing               2.10    600     1,260.00
                           plan                  observations to current closing and actual costs incurred.
06/03/08   Jake Garboski   Bus anal - business   Discussion with Rick Robideau and Elaine (VP) assumptions utilized in       1.90    600     1,140.00
                           plan                  cash flow models.
06/03/08   Jake Garboski   Bus anal - business   Job site visit to Benington community to review status of work in           2.10    600     1,260.00
                           plan                  progress.
06/03/08   Jake Garboski   Bus anal - business   Discusions with Rick Robideau related to costing of indirects to jobs.      0.70    600       420.00
                           plan
06/04/08   Jake Garboski   Bus anal - business   Square footage analysis by base price.                                      1.10    600       660.00
                           plan
06/04/08   Jake Garboski   Bus anal - business   Budget to actual analysis by base price.                                    0.90    600       540.00
                           plan
06/04/08   Jake Garboski   Bus anal - business   Option analysis                                                             0.80    600       480.00
                           plan
06/04/08   Jake Garboski   Bus anal - business   Cost testing analysis.                                                      0.60    600       360.00
                           plan
06/04/08   Jake Garboski   Bus anal - business   Gross profit analysis by model, quarter, for 2008 and for 8 months          3.10    600     1,860.00
                           plan                  ended 4/30/08.
06/04/08   Jake Garboski   Bus anal - business   Recap with team status and results of all work plan testing;                1.10    600       660.00
                           plan                  determination of variance analysis needed to finalize results.
06/04/08   Jake Garboski   Bus anal - business   Review of vendor contracts.                                                 0.30    600       180.00
                           plan
06/05/08   Jake Garboski   Bus anal - business   Variance analysis for all Florida sites.                                    3.80    600     2,280.00
                           plan
06/06/08   Jake Garboski   Bus anal - business   Perform Benington square foot analysis                                      1.20    600       720.00
                           plan
06/06/08   Jake Garboski   Bus anal - business   Tampa job reports; gross profit reports and assumption review.              2.90    600     1,740.00
                           plan
06/06/08   Jake Garboski   Bus anal - business   Review Gross profit analysis.                                               0.80    600       480.00
                           plan
06/09/08   Jake Garboski   Bus anal - business   Review allocation of indirects methodology with Dennis                      0.60    600       360.00
                           plan
06/09/08   Jake Garboski   Bus anal - business   Gross profit analysis and discussions and Dennis related to lack of         0.80    600       480.00
                           plan                  sales and comparable communities
06/09/08   Jake Garboski   Bus anal - business   Discuss assumptions with Dennis                                             0.80    600       480.00
                           plan
06/09/08   Jake Garboski   Bus anal - business   Assist Chris Cropley with job cost vouching                                 0.90    600       540.00
                           plan
06/09/08   Jake Garboski   Bus anal - business   Review of reports related to indirects and flow through of info through     1.20    600       720.00
                           plan                  system


                                                                      Page 35
                 Case 08-10928-JKO                 Document 2063                  Filed 10/31/2008               Page 37 of 71
                                                          TOUSA, Inc., et al                                                        Exhibit "4"
                                                      Case No. 08-10928 (JKO)
                                   J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional    Activity                                            Description                               Hours    Rate      Fee
06/09/08   Jake Garboski   Bus anal - business   Analyze workplan with Lee to further discuss assumptions used to          1.10    600       660.00
                           plan                  support our testing and assertions
06/09/08   Jake Garboski   Bus anal - business   Gross profit analysis review by location                                  1.20    600       720.00
                           plan
06/09/08   Jake Garboski   Bus anal - business   Review of assumptions for 3 Tampa models                                  3.30    600     1,980.00
                           plan
06/10/08   Jake Garboski   Bus anal - business   General discussions with Dennis DeMont regarding results of invoice       0.60    600       360.00
                           plan                  testing, Tampa home sales trends and indirect allocations

06/10/08   Jake Garboski   Bus anal - business   Memo regarding job site visit                                             0.60    600       360.00
                           plan
06/10/08   Jake Garboski   Bus anal - business   Budget to actual analysis with Jimmy                                      0.60    600       360.00
                           plan
06/10/08   Jake Garboski   Bus anal - business   Review of indirects                                                       0.80    600       480.00
                           plan
06/10/08   Jake Garboski   Bus anal - business   Job site visit                                                            1.50    600       900.00
                           plan
06/10/08   Jake Garboski   Bus anal - business   Prepare memo concluding on community testing                              2.40    600     1,440.00
                           plan
06/10/08   Jake Garboski   Bus anal - business   Prepare memo regarding assumptions                                        4.10    600     2,460.00
                           plan
06/11/08   Jake Garboski   Bus anal - business   Gross profit analysis                                                     0.30    600       180.00
                           plan
06/11/08   Jake Garboski   Bus anal - business   Indirect analysis and prepare of workpaper                                0.60    600       360.00
                           plan
06/11/08   Jake Garboski   Bus anal - business   Review with BJ Hinson her final budget analysis and                       0.60    600       360.00
                           plan                  recommendations
06/11/08   Jake Garboski   Bus anal - business   Review assumptions with Andy, President of Tampa division                 0.90    600       540.00
                           plan
06/11/08   Jake Garboski   Bus anal - business   Finalize results of invoice testing with Chris                            0.80    600       480.00
                           plan
06/11/08   Jake Garboski   Bus anal - business   Review document requests for Texas sites and change community as          1.20    600       720.00
                           plan                  one was sold off in May
06/11/08   Jake Garboski   Bus anal - business   Review with BJ Hinson additional questions for Nashville                  1.10    600       660.00
                           plan
06/12/08   Jake Garboski   Bus anal - business   Gross profit analysis Texas                                               1.10    600       660.00
                           plan
06/12/08   Jake Garboski   Bus anal - business   Gross profit analysis Tampa                                               1.10    600       660.00
                           plan
06/12/08   Jake Garboski   Bus anal - business   Job selections and reports for Texas visits                               1.90    600     1,140.00
                           plan
06/13/08   Jake Garboski   Bus anal - business   Review of Texas documents with Chris including; land acq. essebase        1.20    600       720.00
                           plan                  cash flow model, gross profit analysis
06/13/08   Jake Garboski   Bus anal - business   Budget versus actual                                                      0.60    600       360.00
                           plan
06/13/08   Jake Garboski   Bus anal - business   Reviewing land acq, business plan and actual results analysis             2.70    600     1,620.00
                           plan
06/13/08   Jake Garboski   Bus anal - business   Review of Nashville budget versus actual                                  0.50    600       300.00
                           plan
06/16/08   Jake Garboski   Bus anal - business   Analysis of historical costs, business plan costs, land acq costs and     1.10    600       660.00
                           plan                  sample average cost
06/17/08   Jake Garboski   Bus anal - business   Review work plan with Austin team                                         1.40    600       840.00
                           plan
06/17/08   Jake Garboski   Bus anal - business   Review with Austin team documents provided and analysis needed            0.60    600       360.00
                           plan
06/17/08   Jake Garboski   Bus anal - business   Prepare and review analysis for B. Katz by community                      2.10    600     1,260.00
                           plan
06/18/08   Jake Garboski   Bus anal - business   Review job cost testing with Dana                                         0.40    600       240.00
                           plan
06/18/08   Jake Garboski   Bus anal - business   Preliminary analysis of costs to construct for developments with A.       2.30    600     1,380.00
                           plan                  Benbrook and M. Curry
06/18/08   Jake Garboski   Bus anal - business   Analysis of business plan as related to conversations teams had with      0.60    600       360.00
                           plan                  V.P.
06/18/08   Jake Garboski   Bus anal - business   Review of documents received from Florida locations                       1.20    600       720.00
                           plan
06/18/08   Jake Garboski   Bus anal - business   Texas locations indirect analysis with Chris and Jimmy                    0.80    600       480.00
                           plan



                                                                       Page 36
                 Case 08-10928-JKO                 Document 2063                     Filed 10/31/2008             Page 38 of 71
                                                            TOUSA, Inc., et al                                                           Exhibit "4"
                                                        Case No. 08-10928 (JKO)
                                     J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional     Activity                                           Description                                    Hours    Rate      Fee
06/19/08   Jake Garboski    Bus anal - business   Office conference with Chris Gaeta reviewing MUD reimbursement                0.50    600       300.00
                            plan
06/19/08   Jake Garboski    Bus anal - business   Revised preliminary analysis with A. Benbrook, M. Curry and BJ                2.10    600     1,260.00
                            plan                  Hinson
06/24/08   Jake Garboski    Bus anal - business   Telephone discussions regarding deliverable timing, RCLCO info, and           1.30    600       780.00
                            plan                  JHC cost info
07/10/08   Jake Garboski    Bus anal - business   Prepare formal list of questions regarding Tampa site                         0.50    600       300.00
                            plan
           Jake Garboski Total                                                                                                 92.30           55,380.00
05/21/08   James Maranino Bus anal - business     Meetings and account analysis.                                                4.00    425     1,700.00
                            plan
05/28/08   James Maranino Bus anal - business     Job cost detail reports spreadsheets to assist with Nashville selections.     5.00    425     2,125.00
                            plan
06/02/08   James Maranino Bus anal - business     Job Cost testing for four plans.                                              2.70    425     1,147.50
                            plan
06/02/08   James Maranino Bus anal - business     Reviewed approx. 600 invoices to insure they were allocated to                8.30    425     3,527.50
                            plan                  proper jobs.
06/03/08   James Maranino Bus anal - business     Review/analysis budget vs. Actual job cost detail reports for 4              11.00    425     4,675.00
                            plan                  houses(2.6). Meeting with controller and going over differences(2.1).
                                                  Reviewing vendor contracts to see if they have subcontractor
                                                  agreements(6.3).
06/04/08   James Maranino   Bus anal - business   Review/analysis budget vs. Actual job cost detail reports for 4               8.00    425     3,400.00
                            plan                  houses(2.7). Meeting with controller and going over differences(1.1).
                                                  Reviewing vendor contracts to see if they have subcontractor
                                                  agreements(4.2).
06/05/08   James Maranino   Bus anal - business   Analyze job cost detail summary utilizing IDEA data extraction                5.50    425     2,337.50
                            plan                  software to sort schedule by codes for four development's.
06/06/08   James Maranino   Bus anal - business   Review/analyze budget vs. Actual job cost detail reports for 4                3.90    425     1,657.50
                            plan                  houses(1.4). Reviewing vendor contracts to see if they have
                                                  subcontractor agreements(1.6). Reviewing GP analysis on certain
                                                  houses(.9).
06/09/08   James Maranino   Bus anal - business   Reviewing job cost detail for Tampa division(2.7). Analysis of               11.10    425     4,717.50
                            plan                  community cash flow and gross profit reports to come up with
                                                  assumptions(8.4).
06/10/08   James Maranino   Bus anal - business   Reviewing job cost detail for Tampa division(2.8). Analysis of               12.90    425     5,482.50
                            plan                  community cash flow and gross profit reports to come up with
                                                  assumptions(6.6). Review assumptions with VP of finance Dennis
                                                  Demott(2.2). Prepare budget vs actual job costs(1.3).
06/11/08   James Maranino   Bus anal - business   Reviewing job cost detail for Tampa division(2.6). Analysis of                9.10    425     3,867.50
                            plan                  community cash flow and gross profit reports to come up with
                                                  assumptions(5.2). Telephone conference with Andy Chambers
                                                  President of Jacksonville and Tampa re: assumptions and perspective
                                                  of market(1.3).
06/12/08   James Maranino   Bus anal - business   (Austin) Prepare job cost detail summary and utilizing IDEA data             10.60    425     4,505.00
                            plan                  extraction software to sort schedule by codes for four development's.

06/13/08   James Maranino   Bus anal - business   (Houston) Prepare job cost detail summary and utilizing IDEA data            10.10    425     4,292.50
                            plan                  extraction software to sort schedule by codes for four development's.

06/16/08   James Maranino   Bus anal - business   (Austin)Prepare budget vs. Actual job cost detail reports for selections      8.80    425     3,740.00
                            plan                  and comparing(3.1). Reviewing vendor contracts to see if they have
                                                  subcontractor agreements(3.3). Reviewing GP analysis on certain
                                                  houses(2.4).
06/17/08   James Maranino   Bus anal - business   Reviewing job cost detail for Austin division(2.7). Review community          8.60    425     3,655.00
                            plan                  cash flow and gross profit reports(2.9). Review assumptions with VP of
                                                  finance(1.1). Prepare the budget vs actual job costs per job(1.9).

06/18/08   James Maranino   Bus anal - business   Job Cost testing for four plans(1.7). Review invoices regarding              12.50    425     5,312.50
                            plan                  allocation to proper jobs(5.3). Reviewing job cost detail for Austin
                                                  division(1.2). Review community cash flow and gross profit reports to
                                                  come up with assumption(4.3)
06/19/08   James Maranino   Bus anal - business   (Denver and Phoneix) Review job cost detail summary.                          9.20    425     3,910.00
                            plan
06/20/08   James Maranino   Bus anal - business   (Denver and Phoneix) Review job cost detail summary.                          6.40    425     2,720.00
                            plan
06/21/08   James Maranino   Bus anal - business   (Denver)Review budget vs. Actual job cost detail reports.                     5.80    425     2,465.00
                            plan



                                                                       Page 37
                 Case 08-10928-JKO                 Document 2063                  Filed 10/31/2008                 Page 39 of 71
                                                           TOUSA, Inc., et al                                                           Exhibit "4"
                                                       Case No. 08-10928 (JKO)
                                    J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional     Activity                                          Description                                    Hours    Rate     Fee
06/22/08   James Maranino   Bus anal - business   (Phoneix)Review budget vs. Actual job cost detail reports.                   3.20    425     1,360.00
                            plan
06/23/08   James Maranino   Bus anal - business   Reviewing job cost detail for Denver division(3.2). Review community        12.30    425     5,227.50
                            plan                  cash flow and gross profit reports(2.7). Review assumptions with VP of
                                                  finance(4.1). Prepare budget vs actual job costs per job(2.3).

06/24/08   James Maranino   Bus anal - business   Job Cost testing for selections(2.3). Review invoices re: allocations to     9.20    425     3,910.00
                            plan                  proper jobs(3.1). Reviewing job cost detail for Denver division(1.6).
                                                  Review community cash flow and gross profit reports to come up with
                                                  assumption(2.2)
06/25/08   James Maranino   Bus anal - business   Job Cost testing for selections(.6). Review invoices re: allocation to       4.80    425     2,040.00
                            plan                  proper jobs(1.3). Reviewing job cost detail for Denver division(1.2).
                                                  Review over community cash flow and gross profit reports to come up
                                                  with assumption(1.7).
07/01/08   James Maranino  Bus anal - business    Prepare workpaper files re: analysis for Nashville                           3.80    425     1,615.00
                           plan
07/02/08   James Maranino Bus anal - business     Prepare workpaper files re: analysis for Tampa                               3.30    425     1,402.50
                           plan
07/03/08   James Maranino Bus anal - business     Prepare workpaper files re: analysis for Orlando                             5.10    425     2,167.50
                           plan
07/07/08   James Maranino Bus anal - business     Prepare workpaper files re: analysis for Austin                              2.50    425     1,062.50
                           plan
07/11/08   James Maranino Bus anal - business     Prepare workpaper files re: analysis for Austin                              0.90    425       382.50
                           plan
07/14/08   James Maranino Bus anal - business     Prepare workpaper files re: analysis for Houston                             3.70    425     1,572.50
                           plan
07/15/08   James Maranino Bus anal - business     Prepare workpaper files re: analysis for Denver                              5.50    425     2,337.50
                           plan
07/16/08   James Maranino Bus anal - business     Prepare workpaper files re: analysis for Denver, Tampa, Houston              4.20    425     1,785.00
                           plan
           James Maranino Total                                                                                              212.00           90,100.00
06/16/08   Jay Levy        Bus anal - cash        Discussion with attorney                                                     0.50    600       300.00
                           collateral
06/16/08   Jay Levy        Bus anal - cash        Telephone conference with B. Katz & P. Mandel re: NAV and liquidity.         0.80    600       480.00
                           collateral
06/17/08   Jay Levy        Bus anal - cash        Discussion with Phil Mandel regarding memo to attorney                       0.40    600       240.00
                           collateral
           Jay Levy Total                                                                                                      1.70            1,020.00
05/12/08   Jeremy Smith    Bus anal - business    Reconcile Account Balances                                                   4.00    325     1,300.00
                           plan
05/13/08   Jeremy Smith    Bus anal - business    Review/analyze corporate level business model/corp costs                     4.00    325     1,300.00
                           plan
05/13/08   Jeremy Smith    Bus anal - business    Met with A. Benbrook regarding review of corporate business model            0.50    325       162.50
                           plan                   and plan to analyze expenses.
05/13/08   Jeremy Smith    Bus anal - business    Review/analyze business plan development model                               0.50    325       162.50
                           plan
05/14/08   Jeremy Smith    Bus anal - business    Develop business plan- reviewed business development plan                    1.40    325       455.00
                           plan
05/14/08   Jeremy Smith    Bus anal - business    Reviewed / analyzed historical balance sheet and compared to Tousa           2.17    325       704.17
                           plan                   projected balance sheet numbers.
05/14/08   Jeremy Smith    Bus anal - business    Reviewed community level detail.                                             1.33    325       433.33
                           plan
05/14/08   Jeremy Smith    Bus anal - business    Compared community level cash flow models to regional cash flow              2.17    325       704.17
                           plan                   models. Compared regional cash flows to corporate level roll up
                                                  models.
05/14/08   Jeremy Smith     Bus anal - business   Document review/index - Analyzed and compared corporate                      0.93    325       303.33
                            plan                  consolidated model with all corporate components.
05/15/08   Jeremy Smith     Bus anal - business   Analyzed loan pay-down scenarios.                                            1.50    325       487.50
                            plan
05/15/08   Jeremy Smith     Bus anal - business   Review/analyze historical information- reviewed business model for           2.00    325       650.00
                            plan                  interest income and 1st lien/revolver interest rates.
05/15/08   Jeremy Smith     Bus anal - business   Review/analyze historical information - reviewed business plan model         4.50    325     1,462.50
                            plan                  expenses, waiting for corporate level support documents from TOUSA.

05/16/08   Jeremy Smith     Bus anal - business   Reconciling Account Balances - worked with A. Hanover on creating            1.50    325       487.50
                            plan                  schedule for loan pay-down vs. interest expense analysis.




                                                                      Page 38
                 Case 08-10928-JKO               Document 2063                 Filed 10/31/2008                Page 40 of 71
                                                         TOUSA, Inc., et al                                                         Exhibit "4"
                                                     Case No. 08-10928 (JKO)
                                  J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional   Activity                                          Description                                  Hours    Rate     Fee
05/16/08   Jeremy Smith   Bus anal - business   Develop business plan- reviewed business plan.                             6.50    325     2,112.50
                          plan
05/19/08   Jeremy Smith   Bus anal - business   Analyze/reconcile CR's and disbursements- updated loan pay-down            1.40    325       455.00
                          plan                  scenarios with new information with A. Hanover
05/19/08   Jeremy Smith   Bus anal - business   Analyze/reconcile CR's and disbursements- analyzed 13 week cash            1.70    325       552.50
                          plan                  flow and compared it to the most updated monthly cash flow
                                                statement.
05/19/08   Jeremy Smith   Bus anal - business   Analyze/reconcile CR's and disbursements - analyzed and compared           2.30    325       747.50
                          plan                  most updated cash flow projections with consolidated model cash flow
                                                statement and compared both cash flows with the 13 week cash flow
                                                projection.
05/19/08   Jeremy Smith   Bus anal - business   Review and analysis of 13 week cash flow statement, most recent            2.60    325       845.00
                          plan                  monthly cash flow statement and business model cash flow statement

05/20/08   Jeremy Smith   Bus anal - business   Reconciling Account Balances - Completed work on schedule                  2.10    325       682.50
                          plan                  comparing most recent cash flow statement with the consolidated
                                                Tousa model.
05/20/08   Jeremy Smith   Bus anal - business   Reconciling Account Balances- Completed schedule comparing                 1.80    325       585.00
                          plan                  current 13 week cash flow model with most recent monthly cash flow
                                                projections.
05/20/08   Jeremy Smith   Bus anal - business   Analyze/reconcile - analyzed community roll up into division model for     3.10    325     1,007.50
                          plan                  West region going through each community and comparing it to each
                                                division within the regional model.
05/20/08   Jeremy Smith   Bus anal - business   Reviewed expenses in Tousa model for upcoming expense analysis.            1.00    325       325.00
                          plan
05/21/08   Jeremy Smith   Bus anal - business   Compared Mid Atlantic region model with community level detail.            2.20    325       715.00
                          plan
05/21/08   Jeremy Smith   Bus anal - business   Reviewed and compared Florida Region model with community level            3.40    325     1,105.00
                          plan                  detail, analyzing the community level roll up into the Florida Region
                                                model.
05/21/08   Jeremy Smith   Bus anal - business   Reviewed and compared Texas Region model with community level              2.40    325       780.00
                          plan                  detail, analyzing the community level roll up into the Texas Region
                                                model.
05/22/08   Jeremy Smith   Bus anal - business   Updated comparison between new 13 week cash flow statement and             2.10    325       682.50
                          plan                  updated monthly cash flow statement
05/22/08   Jeremy Smith   Bus anal - business   Updated comparison between new monthly cash flow statement and             1.40    325       455.00
                          plan                  original business model, making note of all discrepancies.

05/22/08   Jeremy Smith   Bus anal - business   Review/analyze community level expenses - Austin community                 1.60    325       520.00
                          plan
05/22/08   Jeremy Smith   Bus anal - business   Review/analyze expenses at the community level - Colorado                  2.10    325       682.50
                          plan                  Communities
05/22/08   Jeremy Smith   Bus anal - business   Review/analyze community level expenses at the community level -           0.80    325       260.00
                          plan                  Engle Mid Atlantic Region
05/23/08   Jeremy Smith   Bus anal - business   Review/analyze community level expenses - Orlando communities.             1.10    325       357.50
                          plan
05/23/08   Jeremy Smith   Bus anal - business   Review/analyze community level expenses - Phoenix communities.             2.10    325       682.50
                          plan
05/23/08   Jeremy Smith   Bus anal - business   Review/analyze community level expenses - Houston communities              2.30    325       747.50
                          plan
05/29/08   Jeremy Smith   Bus anal - business   Review/analyze community level expenses - Dallas community                 0.40    325       130.00
                          plan
05/29/08   Jeremy Smith   Bus anal - business   Review/analyze community level expenses - Dade division                    1.20    325       390.00
                          plan                  communities
05/29/08   Jeremy Smith   Bus anal - business   Review/analyze community level expenses - Jacksonville division            2.10    325       682.50
                          plan                  communities
05/29/08   Jeremy Smith   Bus anal - business   Review/analyze community level expenses - Las Vegas division               2.20    325       715.00
                          plan                  communities.
05/29/08   Jeremy Smith   Bus anal - business   Review/analyze community level expenses - Nashville division               2.10    325       682.50
                          plan                  communities.
05/30/08   Jeremy Smith   Bus anal - business   Review/analyze community level expenses - San Antonio division             1.90    325       617.50
                          plan                  communities
05/30/08   Jeremy Smith   Bus anal - business   Review/analyze community level expenses - South Florida and                2.10    325       682.50
                          plan                  Southwest Florida.
05/30/08   Jeremy Smith   Bus anal - business   Review/analyze community level expenses - Transeastern                     2.40    325       780.00
                          plan                  communities




                                                                    Page 39
                 Case 08-10928-JKO               Document 2063                 Filed 10/31/2008              Page 41 of 71
                                                         TOUSA, Inc., et al                                                         Exhibit "4"
                                                     Case No. 08-10928 (JKO)
                                  J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional   Activity                                         Description                                   Hours    Rate      Fee
05/30/08   Jeremy Smith   Bus anal - business   Review/analyze community level expenses - Virginia communities,            1.60    325       520.00
                          plan                  San Antonio Trophy communities and Houston Trophy communities.

06/03/08   Jeremy Smith   Bus anal - business   Met with A. Benbrook and B. J. Hinson regarding Tousa overhead             5.00    325     1,625.00
                          plan                  expense analysis.
06/04/08   Jeremy Smith   Bus anal - business   Analyzed job cost detail reports, cost code summary reports and cost       3.20    325     1,040.00
                          plan                  code comparison for the Villas at DC Ranch community - Austin
                                                Division
06/04/08   Jeremy Smith   Bus anal - business   Analyzed job cost detail reports, cost code summary reports and cost       4.90    325     1,592.50
                          plan                  code comparison for the Villas at DC Ranch community - Houston
                                                Division
06/05/08   Jeremy Smith   Bus anal - business   Analyzed job cost detail reports, cost code summary reports and cost       3.00    325       975.00
                          plan                  code comparison for the Villas at DC Ranch community - Houston
                                                Division
06/06/08   Jeremy Smith   Bus anal - business   Downloaded and analyzed executive pay historical numbers from              1.70    325       552.50
                          plan                  Tousa's G/L
06/06/08   Jeremy Smith   Bus anal - business   Downloaded and analyzed IT Pay historical figures from Tousa's G/L.        2.10    325       682.50
                          plan
06/06/08   Jeremy Smith   Bus anal - business   Downloaded and analyzed G/A salaries and bonuses from Tousa's              2.40    325       780.00
                          plan                  G/L.
06/06/08   Jeremy Smith   Bus anal - business   Downloaded and analyzed the Finance salaries and bonuses from              1.80    325       585.00
                          plan                  Tousa's G/L.
06/09/08   Jeremy Smith   Bus anal - business   Analyzed Cost Code Summary Reports for Independence Park                   1.10    325       357.50
                          plan                  community
06/09/08   Jeremy Smith   Bus anal - business   Analyzed cost code summary reports for Belterra community                  1.20    325       390.00
                          plan
06/09/08   Jeremy Smith   Bus anal - business   Analyzed cost code summary reports for the Ranch at Brushy Creek           1.10    325       357.50
                          plan                  community
06/09/08   Jeremy Smith   Bus anal - business   Analyzed cost code summary reports for the Fairfield community - part      1.20    325       390.00
                          plan                  of the Houston division
06/09/08   Jeremy Smith   Bus anal - business   Analyzed cost code summary reports for the Telfair community -             1.00    325       325.00
                          plan                  Houston division
06/09/08   Jeremy Smith   Bus anal - business   Analyzed cost code summary reports for the Enclave at Southern             1.30    325       422.50
                          plan                  Trails community
06/09/08   Jeremy Smith   Bus anal - business   Analyzed cost code summary reports for Rogers Ranch community              1.20    325       390.00
                          plan
06/10/08   Jeremy Smith   Bus anal - business   Analyzed job cost detail reports for Belterra community                    1.10    325       357.50
                          plan
06/10/08   Jeremy Smith   Bus anal - business   Analyzed job cost detail reports for the Independence Park community -     1.10    325       357.50
                          plan                  Austin Division
06/10/08   Jeremy Smith   Bus anal - business   Analyzed job cost detail reports for the Ranch at Brushy Creek             1.20    325       390.00
                          plan                  community - Austin Division
06/10/08   Jeremy Smith   Bus anal - business   Analyzed job cost detail reports for the Fairfield community - Houston     1.20    325       390.00
                          plan                  division
06/10/08   Jeremy Smith   Bus anal - business   Analyzed job cost detail reports for the Telfair community - Houston       1.10    325       357.50
                          plan                  Division
06/10/08   Jeremy Smith   Bus anal - business   Analyzed job cost detail reports for the Sienna Plantation community -     1.20    325       390.00
                          plan                  Houston Division
06/10/08   Jeremy Smith   Bus anal - business   Analyzed job cost detail reports for the Rogers Ranch community -          1.10    325       357.50
                          plan                  San Antonio Division
06/11/08   Jeremy Smith   Bus anal - business   Analyzed cost comparison takeoff reports for the Independence Park         1.20    325       390.00
                          plan                  community - Austin Division.
06/11/08   Jeremy Smith   Bus anal - business   Analyzed cost comparison takeoff reports for the Belterra community -      1.20    325       390.00
                          plan                  Austin Division.
06/11/08   Jeremy Smith   Bus anal - business   Analyzed cost comparison takeoff reports for the Ranch at Brushy           1.10    325       357.50
                          plan                  Creekcommunity - Austin Division.
06/11/08   Jeremy Smith   Bus anal - business   Analyzed cost comparison takeoff reports for the Telfair community -       1.10    325       357.50
                          plan                  Houston Division.
06/11/08   Jeremy Smith   Bus anal - business   Analyzed cost comparison takeoff reports for the Fairfield community -     1.20    325       390.00
                          plan                  Houston Division
06/11/08   Jeremy Smith   Bus anal - business   Analyzed cost comparison takeoff reports for the Southern Trails           1.10    325       357.50
                          plan                  community - Houston Trophy Division
06/11/08   Jeremy Smith   Bus anal - business   Analyzed cost comparison takeoff reports for the Rogers Ranch              1.10    325       357.50
                          plan                  community - San Antonio Division
06/12/08   Jeremy Smith   Bus anal - business   Analyzed cost comparison takeoff reports for the Sienna Plantation         1.20    325       390.00
                          plan                  community - Houston Division
06/12/08   Jeremy Smith   Bus anal - business   Analyzed cost comparison takeoff reports for the Haven at York Street      1.20    325       390.00
                          plan                  community - Denver Division


                                                                    Page 40
                 Case 08-10928-JKO               Document 2063                   Filed 10/31/2008                 Page 42 of 71
                                                         TOUSA, Inc., et al                                                            Exhibit "4"
                                                     Case No. 08-10928 (JKO)
                                  J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional   Activity                                            Description                                   Hours    Rate      Fee
06/12/08   Jeremy Smith   Bus anal - business   Analyzed job cost detail reports for the Haven at York Street                 1.10    325       357.50
                          plan                  community - Denver Division
06/12/08   Jeremy Smith   Bus anal - business   Analyzed cost code summary reports for the Haven at York Street               1.20    325       390.00
                          plan                  community - Denver Division
06/12/08   Jeremy Smith   Bus anal - business   Analyzed cost comparison takeoff reports for the Beacon Pointe                1.10    325       357.50
                          plan                  community - Denver Division
06/12/08   Jeremy Smith   Bus anal - business   Analyzed cost code summary reports for the Beacon Pointe                      1.20    325       390.00
                          plan                  community - Denver Division
06/12/08   Jeremy Smith   Bus anal - business   Analyzed job cost detail reports for the Beacon Pointe community -            1.00    325       325.00
                          plan                  Denver Division
06/13/08   Jeremy Smith   Bus anal - business   Analyzed job cost detail reports, cost code summary reports and cost          3.20    325     1,040.00
                          plan                  code comparison for the Villas at DC Ranch community - Phoenix
                                                Division
06/13/08   Jeremy Smith   Bus anal - business   Analyzed construction status reports and gross profit by closing reports      0.80    325       260.00
                          plan                  for the Villas at DC Ranch community - Phoenix division
06/13/08   Jeremy Smith   Bus anal - business   Analyzed job cost detail reports, cost code summary reports and cost          3.20    325     1,040.00
                          plan                  code comparison for the Layton Lakes community - Phoenix Division

06/13/08   Jeremy Smith   Bus anal - business   Analyzed construction status reports and gross profit by closing reports      0.80    325       260.00
                          plan                  for the Layton Lakes community - Phoenix division
06/16/08   Jeremy Smith   Bus anal - business   Job Cost detail report for DC Ranch Villas.                                   0.90    325       292.50
                          plan
06/16/08   Jeremy Smith   Bus anal - business   Job Cost detail report for Beacon Pointe.                                     1.10    325       357.50
                          plan
06/16/08   Jeremy Smith   Bus anal - business   Job Cost detail report for Haven at York Street.                              1.00    325       325.00
                          plan
06/16/08   Jeremy Smith   Bus anal - business   Job Cost detail report for Layton Lakes community.                            1.00    325       325.00
                          plan
06/16/08   Jeremy Smith   Bus anal - business   Analyzed land cost development cost reports for all communities               3.00    325       975.00
                          plan
06/17/08   Jeremy Smith   Bus anal - business   Gross Profit trend analysis - Telfair community                               1.30    325       422.50
                          plan
06/17/08   Jeremy Smith   Bus anal - business   Gross profit trend analysis - Fairfield community.                            1.20    325       390.00
                          plan
06/17/08   Jeremy Smith   Bus anal - business   Gross Profit trend analysis - Southern Trails community.                      1.20    325       390.00
                          plan
06/17/08   Jeremy Smith   Bus anal - business   Review/analyze budget - discussion with Doug Singleton, regarding             2.10    325       682.50
                          plan                  historical gross margin analysis for Fairfield community.

06/17/08   Jeremy Smith   Bus anal - business   Review/analyze budget - discussion with Doug Singleton, asst.                 2.00    325       650.00
                          plan                  controller regarding the historical gross margin analysis for the Telfair
                                                community.
06/17/08   Jeremy Smith   Bus anal - business   Review/analyze budget - discussion with Doug Singleton, Asst.                 2.10    325       682.50
                          plan                  Controller, regarding historical gross margin analysis for Sienna
                                                Plantation community.
06/17/08   Jeremy Smith   Bus anal - business   Review/analyze budget - discussion with Doug Singleton, Asst.                 2.10    325       682.50
                          plan                  Controller, regarding historical gross margin analysis for Southern
                                                Trails community.
06/18/08   Jeremy Smith   Bus anal - business   Prepared job site visit memo's for Telfair and Sienna Plantation.             2.00    325       650.00
                          plan
06/18/08   Jeremy Smith   Bus anal - business   Land Bank analysis.                                                           2.60    325       845.00
                          plan
06/18/08   Jeremy Smith   Bus anal - business   Municipal Utility District Analysis - discussed MUD's with Scott Lane,        3.10    325     1,007.50
                          plan                  VP of Finance, as it pertained to Southern Trails as this community
                                                was the only self developed community in our selection.

06/18/08   Jeremy Smith   Bus anal - business   Gross profit trend analysis - Sienna Plantation community.                    2.10    325       682.50
                          plan
06/18/08   Jeremy Smith   Bus anal - business   Site Visit, Telfair and Sienna Plantation. Reconciled construction            3.20    325     1,040.00
                          plan                  status report, viewed model homes.
06/19/08   Jeremy Smith   Bus anal - business   Indirect cost analysis for the Telfair community                              1.70    325       552.50
                          plan
06/19/08   Jeremy Smith   Bus anal - business   Indirect cost analysis for the Sienna Plantation community                    1.10    325       357.50
                          plan
06/19/08   Jeremy Smith   Bus anal - business   Indirect cost analysis for the Southern Trails community                      1.00    325       325.00
                          plan
06/19/08   Jeremy Smith   Bus anal - business   Budget plan analysis and run rate analysis for the Telfair community          1.80    325       585.00
                          plan


                                                                      Page 41
                 Case 08-10928-JKO               Document 2063                  Filed 10/31/2008               Page 43 of 71
                                                         TOUSA, Inc., et al                                                         Exhibit "4"
                                                     Case No. 08-10928 (JKO)
                                  J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional   Activity                                           Description                                 Hours    Rate      Fee
06/19/08   Jeremy Smith   Bus anal - business   Budget plan analysis and run rate analysis for the Fairfield community     1.70    325       552.50
                          plan
06/19/08   Jeremy Smith   Bus anal - business   Budget plan analysis and run rate analysis for the Southern Trails         1.80    325       585.00
                          plan                  community
06/19/08   Jeremy Smith   Bus anal - business   Budget plan analysis and run rate analysis for the Sienna Plantation       1.60    325       520.00
                          plan                  community
06/19/08   Jeremy Smith   Bus anal - business   Memo write up of audit findings.                                           1.50    325       487.50
                          plan
06/19/08   Jeremy Smith   Bus anal - business   Indirect cost analysis for Fairfield community                             1.80    325       585.00
                          plan
06/20/08   Jeremy Smith   Bus anal - business   Job cost testing 864-0198                                                  0.80    325       260.00
                          plan
06/20/08   Jeremy Smith   Bus anal - business   Job cost testing 864-0222                                                  0.70    325       227.50
                          plan
06/20/08   Jeremy Smith   Bus anal - business   Job cost testing 864-0212                                                  0.80    325       260.00
                          plan
06/20/08   Jeremy Smith   Bus anal - business   Job cost testing 864-0220                                                  1.30    325       422.50
                          plan
06/20/08   Jeremy Smith   Bus anal - business   Job cost testing 864-0198                                                  0.70    325       227.50
                          plan
06/20/08   Jeremy Smith   Bus anal - business   Job cost testing 864-0220.                                                 1.20    325       390.00
                          plan
06/20/08   Jeremy Smith   Bus anal - business   Job cost testing 864-0222.                                                 0.70    325       227.50
                          plan
06/20/08   Jeremy Smith   Bus anal - business   Job cost testing 864-0212.                                                 0.70    325       227.50
                          plan
06/23/08   Jeremy Smith   Bus anal - business   IDCC analysis - Layton Lakes.                                              1.50    325       487.50
                          plan
06/23/08   Jeremy Smith   Bus anal - business   IDCC analysis - DC Ranch Villas                                            1.50    325       487.50
                          plan
06/23/08   Jeremy Smith   Bus anal - business   Layton Lakes Budge vs. Actual analysis for job site 24.                    1.80    325       585.00
                          plan
06/23/08   Jeremy Smith   Bus anal - business   Layton Lakes Budge vs. Actual analysis for job site 54.                    1.60    325       520.00
                          plan
06/23/08   Jeremy Smith   Bus anal - business   Layton Lakes Budge vs. Actual analysis for job site 30.                    1.60    325       520.00
                          plan
06/24/08   Jeremy Smith   Bus anal - business   Job site visit write up Layton Lakes                                       0.50    325       162.50
                          plan
06/24/08   Jeremy Smith   Bus anal - business   Job Site visit write up - DC Ranch Villas                                  0.50    325       162.50
                          plan
06/24/08   Jeremy Smith   Bus anal - business   Layton Lakes Budge vs. Actual analysis for job site 25.                    1.20    325       390.00
                          plan
06/24/08   Jeremy Smith   Bus anal - business   DC Ranch Villas Budge vs. Actual analysis for job site 2042.               1.00    325       325.00
                          plan
06/24/08   Jeremy Smith   Bus anal - business   DC Ranch Villas Budge vs. Actual analysis for job site 2043.               1.00    325       325.00
                          plan
06/24/08   Jeremy Smith   Bus anal - business   DC Ranch Villas Budge vs. Actual analysis for job site 2043.               1.20    325       390.00
                          plan
06/24/08   Jeremy Smith   Bus anal - business   Job Site Visit and construction status report reconciliation - Layton      3.30    325     1,072.50
                          plan                  Lakes and DC Ranch Villas.
06/26/08   Jeremy Smith   Bus anal - business   Overhead expense analysis - Executive Salaries and Bonuses - GL            1.60    325       520.00
                          plan                  Acct 7000 and 7001
06/26/08   Jeremy Smith   Bus anal - business   Overhead expense analysis -I T Salaries and Bonuses - GL Acct 7040         1.50    325       487.50
                          plan                  and 7041
06/26/08   Jeremy Smith   Bus anal - business   Overhead expense analysis - Finance Salaries and Bonuses - GL Acct         1.40    325       455.00
                          plan                  7060 and 7061
06/26/08   Jeremy Smith   Bus anal - business   Overhead expense analysis - Legal Salaries and Bonuses - GL Acct           1.50    325       487.50
                          plan                  7080 and 7081
06/26/08   Jeremy Smith   Bus anal - business   Overhead expense analysis - Construction and Operations                    2.20    325       715.00
                          plan                  Management Salaries and Bonuses - GL Acct 7100 and 7101
06/27/08   Jeremy Smith   Bus anal - business   Overhead expense analysis - Sales and Marketing Salaries and               1.60    325       520.00
                          plan                  Bonuses - GL Acct 7120 and 7121
06/27/08   Jeremy Smith   Bus anal - business   Overhead expense analysis - Supply Management Salaries and                 1.60    325       520.00
                          plan                  Bonuses - GL Acct 7140 and 7141.
06/27/08   Jeremy Smith   Bus anal - business   Overhead expense analysis - Construction - non management Salaries         1.70    325       552.50
                          plan                  and Bonuses - GL Acct 7160 and 7161
06/27/08   Jeremy Smith   Bus anal - business   Overhead expense analysis - Customer Service Salaries and Bonuses          1.40    325       455.00
                          plan                  - GL Acct 7180 and 7181


                                                                    Page 42
                 Case 08-10928-JKO               Document 2063                   Filed 10/31/2008              Page 44 of 71
                                                         TOUSA, Inc., et al                                                        Exhibit "4"
                                                     Case No. 08-10928 (JKO)
                                  J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional   Activity                                         Description                                  Hours    Rate      Fee
06/27/08   Jeremy Smith   Bus anal - business   Overhead expense analysis - Land Development - Non Management             1.70    325       552.50
                          plan                  Salaries and Bonuses - GL Acct 7200 and 7201
06/30/08   Jeremy Smith   Bus anal - business   Overhead expense analysis - HR Salaries and Bonuses - GL Acct             1.50    325       487.50
                          plan                  7220 and 7221.
06/30/08   Jeremy Smith   Bus anal - business   Overhead expense analysis - Product Development Salaries and              1.40    325       455.00
                          plan                  Bonuses - GL Acct 7240 and 7241.
06/30/08   Jeremy Smith   Bus anal - business   Overhead expense analysis - Land Acquisition and Development              1.60    325       520.00
                          plan                  Management Salaries and Bonuses - GL Acct 7260 and 7261.

06/30/08   Jeremy Smith   Bus anal - business   Overhead expense analysis - General Insurance, Workers                    3.50    325     1,137.50
                          plan                  Compensation, Litigation Settlements. Three year historical analysis.

07/01/08   Jeremy Smith   Bus anal - business   Overhead analysis - salary expense analysis completed                     2.10    325       682.50
                          plan
07/01/08   Jeremy Smith   Bus anal - business   Overhead expense analysis - severance and restructuring expenses          1.80    325       585.00
                          plan                  analyzed 2006 to 5/31/08.
07/01/08   Jeremy Smith   Bus anal - business   Overhead expense analysis - insurance expense analysis 2006 to            1.70    325       552.50
                          plan                  5/31/08.
07/01/08   Jeremy Smith   Bus anal - business   Overhead expense analysis - Litigation settlements 2006 - 5/31/08.        1.30    325       422.50
                          plan
07/01/08   Jeremy Smith   Bus anal - business   Overhead expense analysis Office Expense - office rent expenses           1.10    325       357.50
                          plan                  2006 - 5/31/08.
07/02/08   Jeremy Smith   Bus anal - business   Overhead expense analysis - Model Expense analysis.                       2.40    325       780.00
                          plan
07/02/08   Jeremy Smith   Bus anal - business   Overhead expense analysis - Advertising - Television expense              1.70    325       552.50
                          plan                  analysis 2006 - 5/31/08.
07/02/08   Jeremy Smith   Bus anal - business   Overhead expense analysis - Advertising - Newspaper expenses 2006         1.10    325       357.50
                          plan                  - 5/31/08
07/02/08   Jeremy Smith   Bus anal - business   Overhead expense analysis - Advertising - Radio expenses 2006 -           1.40    325       455.00
                          plan                  5/31/08
07/02/08   Jeremy Smith   Bus anal - business   Overhead expense analysis - Advertising - Billboard expenses 2006 -       1.20    325       390.00
                          plan                  5/31/08
07/03/08   Jeremy Smith   Bus anal - business   Overhead expense analysis - SG&A Expense - Award/Presentation             1.00    325       325.00
                          plan                  expenses 2006 - 5/31/08.
07/03/08   Jeremy Smith   Bus anal - business   Overhead expense analysis - SG&A Expense - Post Closing Gift              0.80    325       260.00
                          plan                  expenses 2006 - 5/31/08.
07/03/08   Jeremy Smith   Bus anal - business   Overhead expense analysis - SG&A Expense - Public Relations               1.40    325       455.00
                          plan                  expenses 2006 - 5/31/08.
07/03/08   Jeremy Smith   Bus anal - business   Overhead expense analysis - SG&A Expense - Marketing expenses             0.80    325       260.00
                          plan                  2006 - 5/31/08.
07/03/08   Jeremy Smith   Bus anal - business   Overhead expense analysis - SG&A Expense - realtor relations              1.30    325       422.50
                          plan                  expenses 2006 - 5/31/08.
07/03/08   Jeremy Smith   Bus anal - business   Overhead expense analysis - SG&A Expense - grand openings                 0.80    325       260.00
                          plan                  expenses 2006 - 5/31/08.
07/03/08   Jeremy Smith   Bus anal - business   Overhead expense analysis - SG&A Expense - photo film processing          1.10    325       357.50
                          plan                  expenses 2006 - 5/31/08.
07/03/08   Jeremy Smith   Bus anal - business   Overhead expense analysis - SG&A Expense - research and                   0.80    325       260.00
                          plan                  marketing expenses 2006 - 5/31/08.
07/07/08   Jeremy Smith   Bus anal - business   Finish up Nashville community Caseware file - Trial Balance and           2.20    325       715.00
                          plan                  construction status reports
07/07/08   Jeremy Smith   Bus anal - business   Analyzed G/L account 2300                                                 1.60    325       520.00
                          plan
07/07/08   Jeremy Smith   Bus anal - business   Job cost budgeting for all 4 job selections                               2.10    325       682.50
                          plan
07/07/08   Jeremy Smith   Bus anal - business   Job cost option budget reports for all 4 job selections.                  1.90    325       617.50
                          plan
07/08/08   Jeremy Smith   Bus anal - business   Cleanup/ completed Denver/Austin/Orlando Caseware files. GP on            3.00    325       975.00
                          plan                  closings 9/1/07 - 5/31/08 reports for all communities at all three
                                                divisions.
07/08/08   Jeremy Smith   Bus anal - business   Cleanup/ completed Denver/Austin/Orlando Caseware files. GP on            3.00    325       975.00
                          plan                  closings 1/1/05 - 5/31/08 reports for all communities at all three
                                                divisions.
07/08/08   Jeremy Smith   Bus anal - business   WIP Job cost summary reports for Denver/Austin/Orlando for all            2.00    325       650.00
                          plan                  communities.
07/09/08   Jeremy Smith   Bus anal - business   GP on closing reports 6/1/07 - 5/31/08 for Houston communities            2.10    325       682.50
                          plan




                                                                     Page 43
                 Case 08-10928-JKO               Document 2063                  Filed 10/31/2008                Page 45 of 71
                                                         TOUSA, Inc., et al                                                           Exhibit "4"
                                                     Case No. 08-10928 (JKO)
                                  J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional   Activity                                           Description                                   Hours    Rate      Fee
07/09/08   Jeremy Smith   Bus anal - business   GL Indirect cost account analysis (accounts 2010, 2051, 2300, 2310,          2.30    325       747.50
                          plan                  and 6020) for Brushy Creek, Telfair, Fairfield, Sienna, Southern Trails,
                                                Rogers Ranch, Haven at York Street and Beacon Point.

07/09/08   Jeremy Smith   Bus anal - business   Construction Status Reports for Phoenix communities (Layton Lakes            0.80    325       260.00
                          plan                  and DC Ranch).
07/09/08   Jeremy Smith   Bus anal - business   Cost code summary by category code for Phoenix communities.                  1.10    325       357.50
                          plan
07/09/08   Jeremy Smith   Bus anal - business   Analyzed G/L warranty accounts (6015, 3411 and 3412) for Houston             1.70    325       552.50
                          plan                  communities, Brushy Creek and Denver communities.
07/10/08   Jeremy Smith   Bus anal - business   Constructed revenue template for Florida Region communities.                 3.10    325     1,007.50
                          plan
07/10/08   Jeremy Smith   Bus anal - business   Constructed revenue template for Texas Region communities.                   2.70    325       877.50
                          plan
07/10/08   Jeremy Smith   Bus anal - business   Constructed revenue template for Western Region communities.                 1.50    325       487.50
                          plan
07/10/08   Jeremy Smith   Bus anal - business   Constructed revenue template for Nashville community for call with           0.50    325       162.50
                          plan                  RCLCO.
07/11/08   Jeremy Smith   Bus anal - business   Analyzed GP on closing report for Doral Madeira and uploaded to              0.70    325       227.50
                          plan                  caseware file.
07/11/08   Jeremy Smith   Bus anal - business   Analyzed GP on Closings reports for TE Tampa region.                         0.90    325       292.50
                          plan
07/11/08   Jeremy Smith   Bus anal - business   Analyzed GP on Closings reports for TE Orlando region                        0.40    325       130.00
                          plan
07/11/08   Jeremy Smith   Bus anal - business   Analyzed GP on Closings reports for Las Vegas, Phoenix, and Denver           1.40    325       455.00
                          plan                  regions.
07/11/08   Jeremy Smith   Bus anal - business   Analyzed GP on Closings reports for Nashville, SW Florida, South             1.40    325       455.00
                          plan                  Florida regions.
07/11/08   Jeremy Smith   Bus anal - business   Conference call with Michelle Loutoo from RCLCO regarding                    0.50    325       162.50
                          plan                  community revenue figures.
07/11/08   Jeremy Smith   Bus anal - business   Analyzed capital indirect construction cost detail, construction cost        1.40    325       455.00
                          plan                  relief and IDCC GL Detail. Uploaded it to the Doral Medeira caseware
                                                file.
07/11/08   Jeremy Smith   Bus anal - business   Analyzed capital indirect construction cost detail, construction cost        1.80    325       585.00
                          plan                  relief and IDCC GL Detail from 2007 and indirect construction cost
                                                code summary reports. Uploaded reports to Hawthorne Reserve
                                                caseware file.
07/14/08   Jeremy Smith   Bus anal - business   Completed preliminary analysis workbook for TE Tampa communities.            0.70    325       227.50
                          plan                  Added results to Summary spreadsheet for Tousa meeting.

07/14/08   Jeremy Smith   Bus anal - business   Completed preliminary analysis workbook for TE Orlando                       0.30    325            97.50
                          plan                  communities. Added results to Summary spreadsheet for Tousa
                                                meeting.
07/14/08   Jeremy Smith   Bus anal - business   Completed preliminary analysis workbook for Houston communities.             1.10    325       357.50
                          plan                  Added results to Summary spreadsheet for Tousa meeting.

07/14/08   Jeremy Smith   Bus anal - business   Completed preliminary analysis workbook for Austin communities.              0.90    325       292.50
                          plan                  Added results to Summary spreadsheet for Tousa meeting.

07/14/08   Jeremy Smith   Bus anal - business   Completed preliminary analysis workbook for Jacksonville community.          1.00    325       325.00
                          plan                  Added results to Summary spreadsheet for Tousa meeting.

07/14/08   Jeremy Smith   Bus anal - business   Completed preliminary analysis workbook for Colorado communities.            0.90    325       292.50
                          plan                  Added results to Summary spreadsheet for Tousa meeting.

07/14/08   Jeremy Smith   Bus anal - business   Completed preliminary analysis workbook for Dade, Las Vegas and              1.30    325       422.50
                          plan                  Nashville communities. Added results to Summary spreadsheet for
                                                Tousa meeting.
07/14/08   Jeremy Smith   Bus anal - business   Completed preliminary analysis workbook for Phoenix and San                  1.00    325       325.00
                          plan                  Antonio communities. Added results to Summary spreadsheet for
                                                Tousa meeting.
07/14/08   Jeremy Smith   Bus anal - business   Completed preliminary analysis workbook for South Florida and SW             0.80    325       260.00
                          plan                  Florida communities. Added results to Summary spreadsheet for
                                                Tousa meeting.
07/14/08   Jeremy Smith   Bus anal - business   Calculated net loss figures from RCLCO's revenue findings compared           2.00    325       650.00
                          plan                  to Tousa business plan revenue figures. Updated 25 community
                                                summary spreadsheet for Tuesday's Tousa meeting in NYC.



                                                                    Page 44
                 Case 08-10928-JKO               Document 2063                  Filed 10/31/2008               Page 46 of 71
                                                         TOUSA, Inc., et al                                                           Exhibit "4"
                                                     Case No. 08-10928 (JKO)
                                  J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional   Activity                                             Description                                 Hours    Rate      Fee
07/15/08   Jeremy Smith   Bus anal - business   Analyzed capital indirect construction cost detail, construction cost        1.80    325       585.00
                          plan                  relief and IDCC GL Detail from 2006 and indirect construction cost
                                                code summary reports. Uploaded reports to 864 Reflection Lakes
                                                Naples caseware file.
07/15/08   Jeremy Smith   Bus anal - business   Analyzed capital indirect construction cost detail, construction cost        2.00    325       650.00
                          plan                  relief and IDCC GL Detail from 2005 and indirect construction cost
                                                code summary reports. Uploaded reports to 256 Benington caseware
                                                file.
07/15/08   Jeremy Smith   Bus anal - business   Analyzed capital indirect construction cost detail, construction cost        2.00    325       650.00
                          plan                  relief and IDCC GL Detail from 2006 and indirect construction cost
                                                code summary reports. Uploaded reports to DC Ranch Villas caseware
                                                file.
07/15/08   Jeremy Smith   Bus anal - business   Analyzed capital indirect construction cost detail, construction cost        2.20    325       715.00
                          plan                  relief and IDCC GL Detail from 2005 and indirect construction cost
                                                code summary reports. Uploaded reports to Phoenix - Layton Lakes
                                                caseware file.
07/16/08   Jeremy Smith   Bus anal - business   Caseware file cleanup for Austin Region. Uploaded job cost detail            3.50    325     1,137.50
                          plan                  reports for Brushy Creek, Job Cost Budget reports for Independence
                                                Park and Brushy Creek.
07/16/08   Jeremy Smith   Bus anal - business   Uploaded job cost option budget reports for Austin division, Belterra,       3.00    325       975.00
                          plan                  Independence and Brushy Creek. Uploaded House Profit on Closings
                                                report for Brushy Creek.
07/16/08   Jeremy Smith   Bus anal - business   Uploaded WIP Job Cost Summary reports for Rogers Ranch and the               1.50    325       487.50
                          plan                  cost code summary by cost code report for Rogers Ranch for all job
                                                selections.
07/17/08   Jeremy Smith   Bus anal - business   Uploaded Lots Remaining Report for Denver communities (Haven at              1.50    325       487.50
                          plan                  York Street and Beacon Point).
07/17/08   Jeremy Smith   Bus anal - business   Uploaded Plan Price Proforma reports for Orlando communities                 2.80    325       910.00
                          plan                  (Hawthorne, Sonesta, Regal Oaks) for all job selections. Uploaded
                                                STR Cost Comparison report for Regal Oaks.
07/17/08   Jeremy Smith   Bus anal - business   Uploaded House Profit on Closing report for Regal Oaks, Lots                 3.20    325     1,040.00
                          plan                  Remaining report for Hawthorne, Sonesta, Regal Oaks, Job Cost
                                                Testing for Regal Oaks (all job selections). Uploaded Warranty
                                                Reserve, Warranty Expense, and Warranty COS reports for Sonesta
                                                and Regal Oaks.
07/17/08   Jeremy Smith   Bus anal - business   Uploaded cost code by category code reports for Hawthorne and                1.00    325       325.00
                          plan                  Regal Oaks for all job selections.
07/18/08   Jeremy Smith   Bus anal - business   Uploaded Job Cost Budget and Job Cost Option reports for Hawthorne           1.50    325       487.50
                          plan                  Reserve. Uploaded Capitalized Indirect Cost report for Estada at
                                                Monterra.
07/18/08   Jeremy Smith   Bus anal - business   Uploaded Capitalized Indirect Costs for TE Tampa/Orlando                     4.00    325     1,300.00
                          plan                  communities. Uploaded GP on Closing reports for 1/05 - 5/08 and for
                                                the period 9/07 - 5/08.
07/18/08   Jeremy Smith   Bus anal - business   Uploaded Cost Code Summary by Category code for Independence                 1.50    325       487.50
                          plan                  (all job selections). Uploaded job cost detail report for Independence -
                                                Orlando community.
07/18/08   Jeremy Smith   Bus anal - business   Uploaded Job Cost Budget and Job Cost Option reports for Nashville           1.50    325       487.50
                          plan                  community. Uploaded Cost Code Summary by Category Code for
                                                Nashville test community.
07/21/08   Jeremy Smith   Bus anal - business   Uploaded Pro Forma report for Doral community. Uploaded Job Cost             3.50    325     1,137.50
                          plan                  Budget/Option reports for Doral and Whitfield. Uploaded WIP Job Cost
                                                Summary reports for Doral and Whitfield.
07/21/08   Jeremy Smith   Bus anal - business   Uploaded Lots Remaining report for Doral and Whitfield communities.          4.00    325     1,300.00
                          plan                  Completed caseware file for Dade/Jacksonville divisions by printing
                                                and uploading cost code summary reports for Doral and Whitfield for
                                                all job selections.
07/22/08   Jeremy Smith   Bus anal - business   Analyzed and printed AS 400 reports for B.J Hinson.                          2.00    325       650.00
                          plan
07/22/08   Jeremy Smith   Bus anal - business   Reformatted preliminary analysis for Tran eastern Florida properties for     1.50    325       487.50
                          plan                  7/25 presentation.
07/22/08   Jeremy Smith   Bus anal - business   Reformatted preliminary analysis for Orlando communities for 7/25            1.00    325       325.00
                          plan                  presentation.
07/22/08   Jeremy Smith   Bus anal - business   Reformatted preliminary analysis for Dade and Jacksonville                   1.00    325       325.00
                          plan                  communities for 7/25 presentation.
07/22/08   Jeremy Smith   Bus anal - business   Reformatted preliminary analysis for South Florida, SW Florida and           1.50    325       487.50
                          plan                  Mid Atlantic communities for 7/25 presentation.
07/22/08   Jeremy Smith   Bus anal - business   Reformatted preliminary analysis for Austin communities for 7/25             1.00    325       325.00
                          plan                  presentation.

                                                                    Page 45
                 Case 08-10928-JKO               Document 2063                 Filed 10/31/2008                Page 47 of 71
                                                          TOUSA, Inc., et al                                                       Exhibit "4"
                                                      Case No. 08-10928 (JKO)
                                   J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional   Activity                                            Description                               Hours    Rate      Fee
07/23/08   Jeremy Smith   Bus anal - business   Reformatted preliminary analysis for Houston and San Antonio              2.00    325       650.00
                          plan                  communities for 7/25 presentation.
07/23/08   Jeremy Smith   Bus anal - business   Reformatted preliminary analysis for Colorado, Phoenix and Las Vegas      2.00    325       650.00
                          plan                  communities for 7/25 presentation.
07/23/08   Jeremy Smith   Bus anal - business   Entered reformatted preliminary analysis spreadsheets into ppt            4.00    325     1,300.00
                          plan                  presentation for 7/25 presentation.
07/24/08   Jeremy Smith   Bus anal - business   Updated presentation for Tousa creditors committee.                       3.00    325       975.00
                          plan
07/29/08   Jeremy Smith   Bus anal - business   Uploaded Plan Pro Forma reports for Houston Division (Telfair,            2.00    325       650.00
                          plan                  Fairfield, Sienna Plantation and Southern Trails). Uploaded House
                                                Profit on Closings reports for all communities in Houston Division.

07/29/08   Jeremy Smith   Bus anal - business   Uploaded Job Cost testing reports for Houston Division and                2.30    325       747.50
                          plan                  printed/uploaded cost code summary reports for all job selections for
                                                Telfair, Fairfield, Sienna Plantation and Southern Trails.

07/29/08   Jeremy Smith   Bus anal - business   Uploaded Plan Pro Forma reports for DC Ranch and Layton Lakes.            3.20    325     1,040.00
                          plan                  Uploaded House Profit on Closing reports for DC Ranch and Layton
                                                Lakes as well as all job cost testing support reports for all job
                                                selections.
07/30/08   Jeremy Smith   Bus anal - business   Uploaded Cost Code Summary reports for DC Ranch and Layton                2.00    325       650.00
                          plan                  Lakes as well as Lots remaining reports for the same communities.

07/30/08   Jeremy Smith   Bus anal - business   Training session on LLM document management software.                     0.50    325       162.50
                          plan
07/30/08   Jeremy Smith   Bus anal - business   Review/analyze documents produced by Debtors                              6.10    325     1,982.50
                          plan
07/31/08   Jeremy Smith   Bus anal - business   Document review/index and file formation for selected documents.          2.00    325       650.00
                          plan
07/31/08   Jeremy Smith   Bus anal - business   Document review/index and bucket formation for selected documents         3.00    325       975.00
                          plan                  from LLM production lists.
07/31/08   Jeremy Smith   Bus anal - business   Technical call with Faraz Zubairi for help with LLM document              0.50    325       162.50
                          plan                  management system.
07/31/08   Jeremy Smith   Bus anal - business   Review/analyze documents produced by Debtors                              1.90    325       617.50
                          plan
08/01/08   Jeremy Smith   Litigation support    Document review/index - online Liquid Litigation Management               7.80    325     2,535.00
                                                production list.
08/04/08   Jeremy Smith   Litigation support    Document review/index - online LLM database. Created individual           2.10    325       682.50
                                                folders for specific doc request documents.
08/04/08   Jeremy Smith   Litigation support    Document review/index - via LLM's online database. Reviewed and           6.20    325     2,015.00
                                                bucketed all appraisals and property valuations.
08/05/08   Jeremy Smith   Litigation support    Document review/index - reviewed LLM's online database and                3.10    325     1,007.50
                                                bucketed all balance sheet and financial statement documents.
08/05/08   Jeremy Smith   Litigation support    Analyzed Broadpoint Capital's business valuation model to identify        2.20    325       715.00
                                                drivers behind diluted post rights offering.
08/05/08   Jeremy Smith   Litigation support    Document review/index - via LLM's online database. Reviewed and           1.40    325       455.00
                                                bucketed all solvency statements
08/05/08   Jeremy Smith   Litigation support    Document review/index reviewed and bucketed all TEP Transaction e-        1.20    325       390.00
                                                mails and Projections from LLM's online document database.

08/06/08   Jeremy Smith   Litigation support    Document review/index - via LLM's online database. Reviewed and           4.60    325     1,495.00
                                                bucketed all Tousa Board Minute documents.
08/06/08   Jeremy Smith   Litigation support    Document review/index - reviewed and bucketed all business plan           1.50    325       487.50
                                                models from LLM's online document database.
08/06/08   Jeremy Smith   Litigation support    Document review/index reviewed and bucketed all promissory notes          1.60    325       520.00
                                                from LLM's online document database.
08/08/08   Jeremy Smith   Litigation support    Document review/index - reviewed and bucketed all correspondence          2.50    325       812.50
                                                from LLM's online database
08/08/08   Jeremy Smith   Litigation support    Document review/index - reviewed and bucketed all divisional              1.60    325       520.00
                                                snapshot documents
08/08/08   Jeremy Smith   Litigation support    Document review/index - all executive summaries from LLM's online         1.50    325       487.50
                                                database.
08/08/08   Jeremy Smith   Litigation support    Document review/index all Impairment Items and Liquidation Analysis       1.70    325       552.50
                                                from LLM's online database.
08/08/08   Jeremy Smith   Litigation support    Document review/index - reviewed and bucketed all inventory               1.40    325       455.00
                                                breakdown documents from LLM's database.




                                                                    Page 46
                 Case 08-10928-JKO              Document 2063                 Filed 10/31/2008               Page 48 of 71
                                                          TOUSA, Inc., et al                                                       Exhibit "4"
                                                      Case No. 08-10928 (JKO)
                                   J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional   Activity                                          Description                                 Hours    Rate      Fee
08/10/08   Jeremy Smith   Litigation support   Document review/index - all Tousa Board Presentations, Tousa               2.30    325       747.50
                                               Finance Company documents and Tousa Internal Memos/Press
                                               Releases.
08/10/08   Jeremy Smith   Litigation support   Document review/index - all Transeastern Exec Summaries,                   1.70    325       552.50
                                               Transeastern Financials and Transeastern FMV documents.
08/11/08   Jeremy Smith   Litigation support   Reviewed LLM"s database for business plan projections as of 7/31/07        1.90    325       617.50
                                               to help evaluate where Alix Partners business valuation REDACTED

08/11/08   Jeremy Smith   Litigation support   Analyzed Matlin Group's business valuation. REDACTED                       2.00    325       650.00
08/11/08   Jeremy Smith   Litigation support   Analyzed and compared Matlin Group's valuation expenses to Tousa           1.50    325       487.50
                                               business plan expenses. REDACTED
08/11/08   Jeremy Smith   Litigation support   Analyzed Matlin Group's business valuation average sale price and          2.10    325       682.50
                                               compared to Tousa's business plan and RCLCO's avg home price for
                                               communities tested. REDACTED
08/12/08   Jeremy Smith   Litigation support   Review of Alix Partners valuation files. REDACTED                          1.80    325       585.00
08/12/08   Jeremy Smith   Litigation support   Comparative analysis of all financial projections from Tousa .             3.20    325     1,040.00
08/12/08   Jeremy Smith   Litigation support   Comparative analysis of Lazard business valuation compared to              2.50    325       812.50
                                               Tousa business model.
08/13/08   Jeremy Smith   Litigation support   Reviewed and analyzed all financial spreadsheet documents from LLM         2.20    325       715.00
                                               database.
08/13/08   Jeremy Smith   Litigation support   Reviewed and analyzed LLM database production run from July 8,             1.70    325       552.50
                                               2008 production run. Started to pull down documents of interest.

08/14/08   Jeremy Smith   Litigation support   Reviewed HSP downloaded files for Michael Curry to get an accurate         0.80    325       260.00
                                               count of the number of reports generated from the system.

08/14/08   Jeremy Smith   Litigation support   Reviewed all projection comparisons between Lazard, Alix Partners          2.60    325       845.00
                                               and Tousa, noting consistencies and material differences.

08/14/08   Jeremy Smith   Litigation support   Compared Matlin Group's projected income statement with Tousa              2.50    325       812.50
                                               business plan noting consistencies and material differences in average
                                               selling price and deliveries. REDACTED
08/15/08   Jeremy Smith   Litigation support   Compared Matlin Group's material and labor expenses with Tousa             1.10    325       357.50
                                               business plan from April 28, 2008 REDACTED
08/15/08   Jeremy Smith   Litigation support   Compared Matlin Group's option costs with Tousa business plan from         0.80    325       260.00
                                               April 28, 2008 REDACTED
08/15/08   Jeremy Smith   Litigation support   Compared Matlin Group's taxes with Tousa business plan from April          1.20    325       390.00
                                               28, 2008 REDACTED
08/15/08   Jeremy Smith   Litigation support   Compared Matlin Group's warranty expenses with Tousa business              0.90    325       292.50
                                               plan from April 28, 2008 REDACTED
08/15/08   Jeremy Smith   Litigation support   Compared Matlin Group's construction overhead costs with Tousa             1.30    325       422.50
                                               business plan from April 28, 2008. REDACTED
08/15/08   Jeremy Smith   Litigation support   Converted all of Tousa business plan expenses to percentage of             2.20    325       715.00
                                               average selling price to compare more accurately to Matlin business
                                               valuation REDACTED
08/18/08   Jeremy Smith   Litigation support   Document review/index- Alix Partners document list from July 8, 2003       2.00    325       650.00
                                               production list.
08/18/08   Jeremy Smith   Litigation support   Document review/index - Lehman Brother document section.                   3.50    325     1,137.50
08/18/08   Jeremy Smith   Litigation support   Document review/index - Bankruptcy discussion emails from LLM              1.70    325       552.50
                                               website from the July 8, 2008 production run.
08/19/08   Jeremy Smith   Litigation support   Document review/index- Alix Partners document list from July 8, 2003       2.10    325       682.50
                                               production list.
08/19/08   Jeremy Smith   Litigation support   Document review/index- Kirkland and Ellis documents on LLM                 2.30    325       747.50
                                               website.
08/19/08   Jeremy Smith   Litigation support   Document review/index - Indexed documents from LLM website - July          2.30    325       747.50
                                               8th production run.
08/20/08   Jeremy Smith   Litigation support   Document review/index - First lien loan document bucket from July 8,       1.80    325       585.00
                                               2008 production run on LLM website.
08/20/08   Jeremy Smith   Litigation support   Document review/index - analysis of rating agencies document list          2.40    325       780.00
                                               from July 8, 2003 document production run on LLM website.
08/20/08   Jeremy Smith   Litigation support   Document review/index - Solvency opinion document bucket from July         1.60    325       520.00
                                               8, 2008 production list from LLM website.
08/20/08   Jeremy Smith   Litigation support   Document review/index- Ernst and Young documents from July 8,              1.90    325       617.50
                                               2008 production run from LLM website
08/21/08   Jeremy Smith   Litigation support   Document review/index - Redacted documents from LLM website -              3.20    325     1,040.00
                                               July 8th production run.
08/21/08   Jeremy Smith   Litigation support   Document review/index - Ernst and Young documents from July 8,             4.50    325     1,462.50
                                               2008 production run from LLM website.


                                                                   Page 47
                 Case 08-10928-JKO                Document 2063                 Filed 10/31/2008              Page 49 of 71
                                                            TOUSA, Inc., et al                                                      Exhibit "4"
                                                        Case No. 08-10928 (JKO)
                                     J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional     Activity                                          Description                                Hours    Rate      Fee
08/22/08   Jeremy Smith     Litigation support   Document review/index - documents 1-250 from May 12, 2008                 2.10    325       682.50
                                                 production run on LLM website.
08/22/08   Jeremy Smith     Litigation support   Document review/index - documents 250 - 500 from May 12, 2008             1.70    325       552.50
                                                 production run on LLM website.
08/22/08   Jeremy Smith     Litigation support   Document review/index - documents 500 - 750 from May 12, 2008             2.20    325       715.00
                                                 production run on LLM website.
08/22/08   Jeremy Smith     Litigation support   Document review/index - documents 750 - 1101 from May 12, 2008            2.00    325       650.00
                                                 production run on LLM website.
08/25/08   Jeremy Smith     Litigation support   Document review/index - May 30, 2008 production run documents 1 -         2.30    325       747.50
                                                 100 on LLM website.
08/25/08   Jeremy Smith     Litigation support   Document review/index - May 30, 2008 production run documents 100         2.10    325       682.50
                                                 - 200 on LLM website.
08/25/08   Jeremy Smith     Litigation support   Document review/index - May 5, 2008 production run documents 1 -          1.50    325       487.50
                                                 100 on LLM website.
08/25/08   Jeremy Smith     Litigation support   Document review/index - May 5, 2008 production run documents 100 -        1.60    325       520.00
                                                 250 on LLM website.
08/26/08   Jeremy Smith     Litigation support   Document review/index - May 5, 2008 production run documents 250          1.50    325       487.50
                                                 350 on LLM website.
08/26/08   Jeremy Smith     Litigation support   Document review/index - May 5, 2008 production run documents 350 -        1.70    325       552.50
                                                 450 on LLM website.
08/26/08   Jeremy Smith     Litigation support   Document review/index - May 5, 2008 production run documents 450 -        1.50    325       487.50
                                                 550 on LLM website.
08/26/08   Jeremy Smith     Litigation support   Document review/index - May 5, 2008 production run documents 550 -        1.40    325       455.00
                                                 656 on LLM website.
08/26/08   Jeremy Smith     Litigation support   Document review/index - August 7th and August 19th production runs -      2.10    325       682.50
                                                 all documents.
08/27/08   Jeremy Smith     Litigation support   Reviewed and analyzed Alix Partners 7/31/07 company model                 2.00    325       650.00
                                                 REDACTED
08/27/08   Jeremy Smith     Litigation support   Mapped out Alix Partner's 7/31/07 company model REDACTED                  3.20    325     1,040.00
08/27/08   Jeremy Smith     Litigation support   Researched Liquid Litigation Management site for 2006 - 2012              2.50    325       812.50
                                                 Statement of Operations.
08/28/08   Jeremy Smith     Litigation support   Document review/index - Started review of Lit Binder for Defendant on     2.90    325       942.50
                                                 LLM website.
08/28/08   Jeremy Smith     Litigation support   Document review/index - Defendant (Citibank) lit binder review.           3.10    325     1,007.50
08/29/08   Jeremy Smith     Litigation support   Reviewed and analyzed all documents requested in native (excel)           2.40    325       780.00
                                                 form. Sorted and saved to shared drive.
08/29/08   Jeremy Smith     Litigation support   Reviewed and analyzed all pdf documents requested in native form          2.00    325       650.00
                                                 and stored them on the shared drive.
08/29/08   Jeremy Smith    Litigation support    Review/analyze AP model. REDACTED                                         1.20    325       390.00
           Jeremy Smith Total                                                                                            550.40          178,880.00
06/05/08   Kerri Blake     Bus anal - business   Prepare Job Cost Detail Reports                                           1.10    250       275.00
                           plan
06/06/08   Kerri Blake     Bus anal - business   Prepare Job Cost Detail Reports                                           4.10    250     1,025.00
                           plan
06/11/08   Kerri Blake     Bus anal - business   Prepare Job Cost Detail Reports                                           5.10    250     1,275.00
                           plan
06/17/08   Kerri Blake     Bus anal - business   Job Cost Testing - Sienna                                                 3.20    250       800.00
                           plan
06/17/08   Kerri Blake     Bus anal - business   Job Cost Testing - Southern Trail                                         3.10    250       775.00
                           plan
06/17/08   Kerri Blake     Bus anal - business   Job Cost Testing - Telfair                                                2.80    250       700.00
                           plan
06/17/08   Kerri Blake     Bus anal - business   Job Cost Testing - Fairfield                                              2.90    250       725.00
                           plan
06/18/08   Kerri Blake     Bus anal - business   Job Cost Testing - Sienna                                                 3.10    250       775.00
                           plan
06/18/08   Kerri Blake     Bus anal - business   Job Cost Testing - Southern Trail                                         3.20    250       800.00
                           plan
06/18/08   Kerri Blake     Bus anal - business   Job Cost Testing - Telfair                                                3.30    250       825.00
                           plan
06/18/08   Kerri Blake     Bus anal - business   Job Cost Testing - Fairfield                                              3.10    250       775.00
                           plan
06/19/08   Kerri Blake     Bus anal - business   Job Cost Testing - Sienna                                                 3.50    250       875.00
                           plan
06/19/08   Kerri Blake     Bus anal - business   Job Cost Testing - Southern Trail                                         3.50    250       875.00
                           plan
06/19/08   Kerri Blake     Bus anal - business   Job Cost Testing - Telfair                                                3.50    250       875.00
                           plan


                                                                     Page 48
                 Case 08-10928-JKO                Document 2063                    Filed 10/31/2008           Page 50 of 71
                                                         TOUSA, Inc., et al                                                    Exhibit "4"
                                                     Case No. 08-10928 (JKO)
                                  J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional   Activity                                             Description                          Hours    Rate      Fee
06/19/08   Kerri Blake    Bus anal - business   Job Cost Testing - Fairfield                                          3.50    250       875.00
                          plan
07/02/08   Kerri Blake    Bus anal - business   Prepared Budget vs. Actual Reports                                    2.00    250       500.00
                          plan
07/10/08   Kerri Blake    Bus anal - business   Indirect Cost Analysis - Telfair                                      0.70    250       175.00
                          plan
07/10/08   Kerri Blake    Bus anal - business   Indirect Cost Analysis - Sienna                                       0.80    250       200.00
                          plan
07/10/08   Kerri Blake    Bus anal - business   Indirect Cost Analysis - Southern Trails                              0.70    250       175.00
                          plan
07/10/08   Kerri Blake    Bus anal - business   Indirect Cost Analysis - Fairfield                                    0.80    250       200.00
                          plan
07/10/08   Kerri Blake    Bus anal - business   Indirect Cost Analysis - Haven                                        0.70    250       175.00
                          plan
07/10/08   Kerri Blake    Bus anal - business   Indirect Cost Analysis - Beacon Point                                 0.70    250       175.00
                          plan
07/11/08   Kerri Blake    Bus anal - business   Florida - Orlando K71 Independence Park - Indirect cost analysis      0.50    250       125.00
                          plan
07/11/08   Kerri Blake    Bus anal - business   Jacksonville - C31 Whitfield - Indirect cost analysis                 0.50    250       125.00
                          plan
07/11/08   Kerri Blake    Bus anal - business   Dade 95 - Doral Madeira - Indirect cost analysis                      0.50    250       125.00
                          plan
07/11/08   Kerri Blake    Bus anal - business   Southwest Florida - 864 Reflection - Indirect cost analysis           0.50    250       125.00
                          plan
07/11/08   Kerri Blake    Bus anal - business   Orlando - 880 Sonesta Place - Indirect cost analysis                  0.50    250       125.00
                          plan
07/11/08   Kerri Blake    Bus anal - business   Western Colorado - Denver - 842 Haven - Indirect cost analysis        0.30    250            75.00
                          plan
07/11/08   Kerri Blake    Bus anal - business   Western Phoenix - Layton Lakes - Indirect cost analysis               0.50    250       125.00
                          plan
07/11/08   Kerri Blake    Bus anal - business   Orlando - K63 Regal Oaks - Indirect cost analysis                     0.50    250       125.00
                          plan
07/11/08   Kerri Blake    Bus anal - business   Midatlantic Nashville - 256 Benn - Indirect cost analysis             0.50    250       125.00
                          plan
07/11/08   Kerri Blake    Bus anal - business   South Florida - Estada - Indirect cost analysis                       0.50    250       125.00
                          plan
07/11/08   Kerri Blake    Bus anal - business   Western Colorado - Beacon Point - Indirect cost analysis              0.30    250            75.00
                          plan
07/11/08   Kerri Blake    Bus anal - business   Western Phoenix - The Villas - Indirect cost analysis                 0.50    250       125.00
                          plan
07/14/08   Kerri Blake    Bus anal - business   Indirect Cost Analysis - Nashville - 256 Bennington                   0.20    250            50.00
                          plan
07/14/08   Kerri Blake    Bus anal - business   Indirect Cost Analysis - Florida D95 Doral Medeira                    0.30    250            75.00
                          plan
07/14/08   Kerri Blake    Bus anal - business   Indirect Cost Analysis - Orlando I92 Hawthorne                        0.20    250            50.00
                          plan
07/14/08   Kerri Blake    Bus anal - business   Indirect Cost Analysis - Jacksonville C31 Whitfield                   0.30    250            75.00
                          plan
07/14/08   Kerri Blake    Bus anal - business   Indirect Cost Analysis - Phoenix DC Ranch Villas                      0.20    250            50.00
                          plan
07/14/08   Kerri Blake    Bus anal - business   Indirect Cost Analysis - 864 Reflection Lakes                         0.30    250            75.00
                          plan
07/15/08   Kerri Blake    Bus anal - business   Indirect Cost Analysis - 842 Haven                                    0.20    250            50.00
                          plan
07/15/08   Kerri Blake    Bus anal - business   Indirect Cost Analysis - Estada                                       0.40    250       100.00
                          plan
07/15/08   Kerri Blake    Bus anal - business   Indirect Cost Analysis - 864 Reflection                               0.20    250            50.00
                          plan
07/15/08   Kerri Blake    Bus anal - business   Indirect Cost Analysis - The Villas                                   0.40    250       100.00
                          plan
07/15/08   Kerri Blake    Bus anal - business   Indirect Cost Analysis - Regal Oaks                                   0.30    250            75.00
                          plan
07/15/08   Kerri Blake    Bus anal - business   Indirect Cost Analysis - 256 Bennington                               0.20    250            50.00
                          plan
07/15/08   Kerri Blake    Bus anal - business   Indirect Cost Analysis - Independence Park                            0.20    250            50.00
                          plan
07/15/08   Kerri Blake    Bus anal - business   Indirect Cost Analysis - Layton Lakes                                 0.50    250       125.00
                          plan


                                                                     Page 49
                 Case 08-10928-JKO                  Document 2063                    Filed 10/31/2008               Page 51 of 71
                                                            TOUSA, Inc., et al                                                         Exhibit "4"
                                                        Case No. 08-10928 (JKO)
                                     J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional      Activity                                            Description                                Hours    Rate      Fee
07/15/08   Kerri Blake       Bus anal - business   Indirect Cost Analysis - Beacon Point                                      0.20    250        50.00
                             plan
07/16/08   Kerri Blake       Bus anal - business   Indirect Cost Analysis - Independence Park                                 0.30    250            75.00
                             plan
07/16/08   Kerri Blake       Bus anal - business   Indirect Cost Analysis - Regal Oaks                                        0.20    250            50.00
                             plan
07/16/08   Kerri Blake       Bus anal - business   Indirect Cost Analysis - Live Oak Hawthorne                                0.20    250            50.00
                             plan
07/16/08   Kerri Blake       Bus anal - business   Indirect Cost Analysis - 256 Bennington                                    0.30    250            75.00
                             plan
07/16/08   Kerri Blake       Bus anal - business   Indirect Cost Analysis - 880 Sonesta Pointe                                0.20    250            50.00
                             plan
07/16/08   Kerri Blake       Bus anal - business   Indirect Cost Analysis - Dade 95 Doral                                     0.20    250            50.00
                             plan
07/16/08   Kerri Blake       Bus anal - business   Indirect Cost Analysis - Jacksonville - C31                                0.30    250            75.00
                             plan
07/16/08   Kerri Blake       Bus anal - business   Indirect Cost Analysis - 842 Haven                                         0.20    250            50.00
                             plan
07/16/08   Kerri Blake       Bus anal - business   Indirect Cost Analysis - The Villas                                        0.30    250            75.00
                             plan
07/16/08   Kerri Blake       Bus anal - business   Indirect Cost Analysis - Beacon Point                                      0.30    250            75.00
                             plan
07/16/08   Kerri Blake       Bus anal - business   Indirect Cost Analysis - 864 Reflections                                   0.20    250            50.00
                             plan
07/16/08   Kerri Blake       Bus anal - business   Indirect Cost Analysis - Estada                                            0.20    250            50.00
                             plan
           Kerri Blake Total                                                                                                 68.00           17,000.00
05/01/08   Kevin P. Clancy   Bus anal - business   Attend meeting re: business plan.                                          3.50    600     2,100.00
                             plan
05/01/08   Kevin P. Clancy   Bus anal - business   Discussions with management and UCC advisors re: further diligence         1.00    600       600.00
                             plan                  on business plan.
05/01/08   Kevin P. Clancy   Bus anal - business   Review projections and Lazard materials for meeting with                   1.50    600       900.00
                             plan                  management.
05/01/08   Kevin P. Clancy   Bus anal - business   Correspondence with Debtor and UCC advisors regarding due                  0.50    600       300.00
                             plan                  diligence schedule.
05/02/08   Kevin P. Clancy   Bus anal - business   Review business plan details following presentation from Debtor and        3.20    600     1,920.00
                             plan                  review agenda issues for meetings with Company.
05/02/08   Kevin P. Clancy   Bus anal - business   Review UCC updates from counsel.                                           0.50    600       300.00
                             plan
05/02/08   Kevin P. Clancy   Litigation support    Discussions with counsel re: priority items on document request list       0.70    600       420.00
                                                   and timeline.
05/03/08   Kevin P. Clancy   Bus anal - cash       Review borrowing base roll-forward model.                                  1.50    600       900.00
                             collateral
05/04/08   Kevin P. Clancy   Bus anal - business   Meeting with team re: workplan for community level due diligence.          1.00    600       600.00
                             plan
05/05/08   Kevin P. Clancy   Bus anal - business   Review items/issues to discuss with Company re: business plan.             2.50    600     1,500.00
                             plan
05/05/08   Kevin P. Clancy   Bus anal - business   Review business plan model with staff and scope of community level         1.00    600       600.00
                             plan                  due diligence.
05/06/08   Kevin P. Clancy   Bus anal - business   Meetings with management to review community level detail, business        6.50    600     3,900.00
                             plan                  plan assumptions and Debtors' operations.
05/07/08   Kevin P. Clancy   Bus anal - business   Meetings with management to review community level detail and              2.00    600     1,200.00
                             plan                  business plan assumptions.
05/07/08   Kevin P. Clancy   Bus anal - business   Meetings with management to discuss project costs and accounting           2.00    600     1,200.00
                             plan                  system detail relating to purchasing and costing.
05/08/08   Kevin P. Clancy   Bus anal - business   Receipt and review of correspondence/documents re: NDA.                    1.50    600       900.00
                             plan
05/08/08   Kevin P. Clancy   Litigation support    Review initial document response and discuss review and indexing           2.00    600     1,200.00
                                                   with staff.
05/09/08   Kevin P. Clancy   Bus anal - business   Discussions with staff re: analysis of costs in business plan; review      3.50    600     2,100.00
                             plan                  scope of items for testing to discuss with Jefferies and extraction of
                                                   data from TOUSA acct system.
05/09/08   Kevin P. Clancy   Business analysis     Telephone conference with Jefferies, RCLCO and JHC to discuss              1.20    600       720.00
                                                   scope of work.
05/10/08   Kevin P. Clancy   Bus anal - business   Receipt and review of correspondence/documents re: community               0.30    600       180.00
                             plan                  statistics.
05/12/08   Kevin P. Clancy   Bus anal - business   Telephone conference with R. Robideau and A. Benbrook re:                  0.50    600       300.00
                             plan                  business plan cost assumptions.


                                                                        Page 50
                 Case 08-10928-JKO                   Document 2063                   Filed 10/31/2008                Page 52 of 71
                                                             TOUSA, Inc., et al                                                           Exhibit "4"
                                                         Case No. 08-10928 (JKO)
                                      J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional      Activity                                             Description                                  Hours    Rate     Fee
05/12/08   Kevin P. Clancy   Bus anal - business    Review materials for UCC call re: business plan analysis, due diligence      3.30    600     1,980.00
                             plan                   scope and discuss with Jefferies and RCLC.
05/12/08   Kevin P. Clancy   Bus anal - business    Review/analyze historical information as a basis for cost assumption         2.50    600     1,500.00
                             plan                   analysis of business plan.
05/12/08   Kevin P. Clancy   Bus anal - business    Prepare/review cashflow projections: earlier model and assumptions.          1.50    600       900.00
                             plan
05/12/08   Kevin P. Clancy   Business analysis      Review corresp from counsel re: pending motions of the Debtor.               0.50    600       300.00
05/13/08   Kevin P. Clancy   Bus anal - business    Discussions with RCLCO and Jefferies regarding scope of due                  0.70    600       420.00
                             plan                   diligence for business plan.
05/13/08   Kevin P. Clancy   Bus anal - business    Review scope and work plan development with JHC staff and access             2.50    600     1,500.00
                             plan                   to Debtor's financial systems.
05/13/08   Kevin P. Clancy   Bus anal - business    Discussions with RR and TM re: access to G/L detail.                         0.40    600       240.00
                             plan
05/13/08   Kevin P. Clancy   Bus anal - business    Review corporate accounting roll-up detail with staff.                       1.50    600       900.00
                             plan
05/13/08   Kevin P. Clancy   Meeting of creditors   Committee conference call.                                                   1.80    600     1,080.00
05/13/08   Kevin P. Clancy   Meeting of creditors   Call with professionals in prep for UCC call.                                0.40    600       240.00
05/14/08   Kevin P. Clancy   Bus anal - business    Review scope of testing for business plan due diligence and discuss          1.50    600       900.00
                             plan                   with JHC staff.
05/14/08   Kevin P. Clancy   Bus anal - business    Review sample community listing.                                             0.50    600       300.00
                             plan
05/14/08   Kevin P. Clancy   Litigation support     Review 7/31 projections and discuss with staff TE transaction.               3.00    600     1,800.00
05/14/08   Kevin P. Clancy   Litigation support     Review document production from Debtor.                                      1.50    600       900.00
05/15/08   Kevin P. Clancy   Bus anal - cash        Review draft cash collateral order.                                          1.00    600       600.00
                             collateral
05/15/08   Kevin P. Clancy   Business analysis      Receipt and review of correspondence/documents from counsel re:              1.50    600       900.00
                                                    pending motions and meeting with UCC.
05/15/08   Kevin P. Clancy   Meeting of creditors   Meetings with UCC to discuss cash collateral and business plan;              3.50    600     2,100.00
                                                    attend business plan presentation.
05/16/08   Kevin P. Clancy   Bus anal - cash        Meeting with counsel to review cash collateral issues.                       2.00    600     1,200.00
                             collateral
05/16/08   Kevin P. Clancy   Bus anal - cash        Review financial schedules for counsel re: cash collateral and discuss       2.50    600     1,500.00
                             collateral             calculations with staff.
05/16/08   Kevin P. Clancy   Bus anal - cash        Review borrowing base roll-forward and impairment issues/impact on           2.00    600     1,200.00
                             collateral             collateral.
05/17/08   Kevin P. Clancy   Bus anal - cash        Receipt and review of correspondence from counsel re: open issues            2.50    600     1,500.00
                             collateral             on cash collateral and prepare response re: BB roll-forward and
                                                    discuss with B. Katz.
05/17/08   Kevin P. Clancy   Bus anal - cash        Review cash flow budget and redline of draft order.                          1.50    600       900.00
                             collateral
05/17/08   Kevin P. Clancy   Fee/employ             Review objection to retention.                                               0.50    600       300.00
                             applications
05/18/08   Kevin P. Clancy   Bus anal - cash        Telephone conference with counsel to discuss BB and budget.                  1.10    600       660.00
                             collateral
05/18/08   Kevin P. Clancy   Bus anal - cash        Prepare deposition questions for counsel re: cash collateral and             2.00    600     1,200.00
                             collateral             budget.
05/18/08   Kevin P. Clancy   Business analysis      Telephone conference with counsel to discuss standing issues.                0.90    600       540.00
05/19/08   Kevin P. Clancy   Bus anal - cash        Meetings with counsel in preparation for cash collateral hearing; review     5.00    600     3,000.00
                             collateral             draft language in objection; borrowing base roll-forward; revised
                                                    budget and Debtors' filings.
05/19/08   Kevin P. Clancy   Fee/employ             Assist counsel in preparation of response to JHC retention objection.        1.00    600       600.00
                             applications
05/19/08   Kevin P. Clancy   Litigation support     Meetings with counsel in preparation for hearing on standing;                2.50    600     1,500.00
                                                    discussions re: timeline and scope of work.
05/20/08   Kevin P. Clancy   Bus anal - business    Review land acq and CCA models.                                              1.00    600       600.00
                             plan
05/20/08   Kevin P. Clancy   Bus anal - cash        Review bank and Debtor document production related to cash                   3.00    600     1,800.00
                             collateral             collateral litigation.
05/20/08   Kevin P. Clancy   Litigation support     Review draft pleadings and discuss revisions with counsel.                   2.50    600     1,500.00
05/20/08   Kevin P. Clancy   Litigation support     Review/research standing motion issues for counsel.                          1.50    600       900.00
05/20/08   Kevin P. Clancy   Meeting of creditors   Committee conf call.                                                         0.60    600       360.00
05/20/08   Kevin P. Clancy   Meeting of creditors   Committee pre call to review agenda.                                         0.50    600       300.00
05/21/08   Kevin P. Clancy   Litigation support     Receipt and review of correspondence/documents from counsel re:              3.30    600     1,980.00
                                                    Committee court filings and open issues and financial issues for
                                                    depositions.
05/22/08   Kevin P. Clancy   Bus anal - business    Discussion with A. Benbrook re: work scope for cost assessments.             0.50    600       300.00
                             plan



                                                                        Page 51
                 Case 08-10928-JKO                   Document 2063                   Filed 10/31/2008                Page 53 of 71
                                                             TOUSA, Inc., et al                                                            Exhibit "4"
                                                         Case No. 08-10928 (JKO)
                                      J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional      Activity                                              Description                                  Hours    Rate      Fee
05/22/08   Kevin P. Clancy   Litigation support     Discussions with staff re: review and indexing of document                    1.00    600       600.00
                                                    productions.
05/27/08   Kevin P. Clancy   Bus anal - business    Review JHC due diligence report and discuss scope and open issues             2.30    600     1,380.00
                             plan                   with staff.
05/27/08   Kevin P. Clancy   Bus anal - business    Review corresp re: assumptions in business plan for the communities.          0.80    600       480.00
                             plan
05/27/08   Kevin P. Clancy   Business analysis      Receipt and review of correspondence/documents from counsel for               0.50    600       300.00
                                                    UCC call.
05/27/08   Kevin P. Clancy   Litigation support     Review Intralinks updates and discuss inventory with staff.                   0.70    600       420.00
05/28/08   Kevin P. Clancy   Bus anal - business    Telephone conference with RCL to coordinate due diligence visits to           0.80    600       480.00
                             plan                   communities/divisions.
05/28/08   Kevin P. Clancy   Litigation support     Review Debtors' document production and Intralinks updates and                1.70    600     1,020.00
                                                    discuss inventory of financial data with staff.
05/30/08   Kevin P. Clancy   Bus anal - business    Review corres from counsel re: document productions and discovery             1.50    600       900.00
                             plan                   for cash collateral.
05/30/08   Kevin P. Clancy   Bus anal - business    Follow-up with staff on site visit planning and review control sheet from     0.50    600       300.00
                             plan                   RCL.
06/02/08   Kevin P. Clancy   Bus anal - cash        Review correspondence from counsel re: cash collateral negotiations;          1.00    600       600.00
                             collateral             discussions with staff re: document production and conflict issues re:
                                                    litigation.
06/03/08   Kevin P. Clancy   Bus anal - business    Follow-up on business plan due diligence with JHC staff and calendar          0.80    600       480.00
                             plan                   of site visits.
06/03/08   Kevin P. Clancy   Bus anal - cash        Review document productions from lenders and Debtor re: cash                  3.00    600     1,800.00
                             collateral             collateral.
06/03/08   Kevin P. Clancy   Litigation support     Review summaries of Debtors' pending motions from counsel.                    0.70    600       420.00
06/03/08   Kevin P. Clancy   Litigation support     Discussion with B. Katz re: documents production.                             0.20    600       120.00
06/03/08   Kevin P. Clancy   Meeting of creditors   UCC call and pre-call.                                                        0.80    600       480.00
06/04/08   Kevin P. Clancy   Bus anal - business    Discussions with JHC staff and RCLCO re: site visits.                         0.50    600       300.00
                             plan
06/05/08   Kevin P. Clancy   Bus anal - business    Telephone conference with due diligence team re: coordination issues.         0.50    600       300.00
                             plan
06/05/08   Kevin P. Clancy   Fee/employ             Review correspondence from counsel and follow-up on fee issues for            1.00    600       600.00
                             applications           order.
06/06/08   Kevin P. Clancy   Bus anal - business    Telephone conferernce with RCL and JHC re: coordination of site               0.50    600       300.00
                             plan                   visits.
06/09/08   Kevin P. Clancy   Bus anal - cash        Review issues related to interest calculations.                               2.00    600     1,200.00
                             collateral
06/09/08   Kevin P. Clancy   Bus anal - cash        Review deposition transcript and document production related to cash          1.50    600       900.00
                             collateral             collateral.
06/09/08   Kevin P. Clancy   Bus anal - cash        Research re: accounting definition of "book value".                           0.80    600       480.00
                             collateral
06/10/08   Kevin P. Clancy   Bus anal - business    Follow-up with management and staff on G/L access issues.                     0.50    600       300.00
                             plan
06/11/08   Kevin P. Clancy   Bus anal - business    Discussions with staff re: progress of field work.                            1.00    600       600.00
                             plan
06/11/08   Kevin P. Clancy   Meeting of creditors   Committee conference call.                                                    0.60    600       360.00
06/12/08   Kevin P. Clancy   Bus anal - business    Discussions with BAK and follow-up with due diligence team re: status         0.50    600       300.00
                             plan                   and findings.
06/12/08   Kevin P. Clancy   Bus anal - business    Redacted                                                                      0.30    600       180.00
                             plan
06/12/08   Kevin P. Clancy   Fee/employ             Prepare/review monthly fee application for April.                             2.70    600     1,620.00
                             applications
06/13/08   Kevin P. Clancy   Bus anal - business    Discussions with due diligence team re: initial findings and feedback.        2.00    600     1,200.00
                             plan
06/16/08   Kevin P. Clancy   Bus anal - business    Redacted                                                                      1.00    600       600.00
                             plan
06/16/08   Kevin P. Clancy   Bus anal - cash        Review cash collateral documents from counsel in prep for Committee           1.30    600       780.00
                             collateral             call.
06/16/08   Kevin P. Clancy   Meeting of creditors   UCC call and pre-call to discuss cash collateral and counsel retention        1.00    600       600.00
                                                    issues.
06/16/08   Kevin P. Clancy   Meeting of creditors   Committee conference call.                                                    0.70    600       420.00
06/17/08   Kevin P. Clancy   Bus anal - business    Review preliminary testing results; discuss scorecard and next steps          1.50    600       900.00
                             plan                   with staff.
06/17/08   Kevin P. Clancy   Bus anal - business    Correspondence/discussions with RCL re: status of due diligence and           0.80    600       480.00
                             plan                   timing of completion.
06/17/08   Kevin P. Clancy   Bus anal - business    Discussion with counsel re: assumption of Amick contract and follow-          0.70    600       420.00
                             plan                   up with RCL.



                                                                         Page 52
                 Case 08-10928-JKO                   Document 2063                  Filed 10/31/2008                Page 54 of 71
                                                             TOUSA, Inc., et al                                                          Exhibit "4"
                                                         Case No. 08-10928 (JKO)
                                      J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional      Activity                                             Description                                 Hours    Rate      Fee
06/17/08   Kevin P. Clancy   Bus anal - business    Redacted                                                                    1.50    600       900.00
                             plan
06/17/08   Kevin P. Clancy   Meeting of creditors   Committee conference call.                                                  1.60    600       960.00
06/18/08   Kevin P. Clancy   Bus anal - business    Review updated testing analysis.                                            1.00    600       600.00
                             plan
06/18/08   Kevin P. Clancy   Litigation support     Follow-up with staff on document productions.                               0.20    600       120.00
06/18/08   Kevin P. Clancy   Litigation support     Correspondence with RCLCO and counsel re: contract assump                   0.30    600       180.00
                                                    motion.
06/19/08   Kevin P. Clancy   Bus anal - business    Discussions with A. Benbrook and B. Katz re: scorecards for business        0.80    600       480.00
                             plan                   plan due diligence.
06/19/08   Kevin P. Clancy   Bus anal - business    Discussion with RCLCO re: business plan due diligence.                      0.30    600       180.00
                             plan
06/19/08   Kevin P. Clancy   Bus anal - business    Review business plan due diligence scorecards and Moelis summary.           0.90    600       540.00
                             plan
06/19/08   Kevin P. Clancy   Bus anal - cash        Correspondence with counsel re: cash collateral order/issues.               0.50    600       300.00
                             collateral
06/20/08   Kevin P. Clancy   Bus anal - business    Review JHC scorecards on community due diligence and discuss                2.00    600     1,200.00
                             plan                   initial findings with RCLCO and AB.
06/24/08   Kevin P. Clancy   Bus anal - business    Review RCLCO analyses for Nashville.                                        1.60    600       960.00
                             plan
06/24/08   Kevin P. Clancy   Bus anal - business    Conference call with RCLCO to discuss status of business plan due           2.20    600     1,320.00
                             plan                   diligence and next steps with Debtor.
06/24/08   Kevin P. Clancy   Bus anal - business    Discussion with AB and BK re: cost escalators in business plan.             0.50    600       300.00
                             plan
06/24/08   Kevin P. Clancy   Meeting of creditors   Committee conference call; professionals' pre call.                         0.70    600       420.00
06/25/08   Kevin P. Clancy   Bus anal - business    Prepare materials for meeting with Moelis and RCLCO on business             4.00    600     2,400.00
                             plan                   plan due diligence.
06/25/08   Kevin P. Clancy   Fee/employ             Prepare/review May fee application.                                         1.50    600       900.00
                             applications
06/25/08   Kevin P. Clancy   Litigation support     Discussions with staff re: historical bond pricing and solvency issues.     1.00    600       600.00

06/26/08   Kevin P. Clancy   Bus anal - business    Review materials for meeting with Moelis and RCLCO with AB and              2.50    600     1,500.00
                             plan                   make revisions.
06/26/08   Kevin P. Clancy   Bus anal - business    Review analysis of market values of bonds and equity and discuss            0.50    600       300.00
                             plan                   theories with staff.
06/26/08   Kevin P. Clancy   Fee/employ             Review first interim fee app.                                               1.50    600       900.00
                             applications
06/26/08   Kevin P. Clancy   Litigation support     Telephone conference with LK re: pending motion analyses.                   0.20    600       120.00
06/27/08   Kevin P. Clancy   Bus anal - business    Prepare deck for meeting with RCLCO and Moelis on business plan             1.50    600       900.00
                             plan                   due diligence.
06/27/08   Kevin P. Clancy   Bus anal - business    Review community reconciliation to business plan assets.                    0.80    600       480.00
                             plan
06/27/08   Kevin P. Clancy   Bus anal - business    Meeting with Moelis and RCLCO to discuss business plan due                  3.50    600     2,100.00
                             plan                   diligence.
06/27/08   Kevin P. Clancy   Litigation support     Review market value issues relating to bonds with staff.                    0.70    600       420.00
06/27/08   Kevin P. Clancy   Litigation support     Conference call with counsel re: fraud convey issues.                       0.50    600       300.00
06/30/08   Kevin P. Clancy   Bus anal - business    Prepare open issues/discrepancies lists for Debtor based on                 2.30    600     1,380.00
                             plan                   JHC/RCLCO due diligence.
06/30/08   Kevin P. Clancy   Bus anal - business    Review fraudulent conveyance issues with staff and prepare/review           2.00    600     1,200.00
                             plan                   materials to discuss with counsel.
06/30/08   Kevin P. Clancy   Bus anal - business    Receipt and review of correspondence/documents re: BDO conflict             1.00    600       600.00
                             plan                   issues and discuss with BK.
07/01/08   Kevin P. Clancy   Bus anal - business    Review/edit open issues/questions lists on test communities and             1.00    600       600.00
                             plan                   forward to TOUSA.
07/01/08   Kevin P. Clancy   Litigation support     Meeting with RCLCO, Moelis and Robbins Russell to discuss litigation        5.00    600     3,000.00
                                                    related issues.
07/01/08   Kevin P. Clancy   Litigation support     Meeting with BAK and AH in prep for meeting with Robbins Russell.           1.50    600       900.00

07/01/08   Kevin P. Clancy   Meeting of creditors   Committee and professionals call.                                           1.00    600       600.00
07/02/08   Kevin P. Clancy   Bus anal - business    Meeting with staff to discuss status of business plan due diligence.        2.00    600     1,200.00
                             plan
07/02/08   Kevin P. Clancy   Bus anal - business    Telephone conference with KZC re: open issues on business plan.             0.30    600       180.00
                             plan
07/02/08   Kevin P. Clancy   Bus anal - business    Follow-up with staff and RCLCO re: open questions on business plan.         0.30    600       180.00
                             plan
07/02/08   Kevin P. Clancy   Litigation support     Meeting with AH to discuss corporate organization issues.                   0.30    600       180.00
07/03/08   Kevin P. Clancy   Bus anal - business    Follow-up with due diligence team re: next test communities to be           2.20    600     1,320.00
                             plan                   completed and coordination with RCLCO.


                                                                        Page 53
                 Case 08-10928-JKO                   Document 2063                  Filed 10/31/2008               Page 55 of 71
                                                             TOUSA, Inc., et al                                                          Exhibit "4"
                                                         Case No. 08-10928 (JKO)
                                      J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional      Activity                                           Description                                   Hours    Rate      Fee
07/07/08   Kevin P. Clancy   Bus anal - business    Telephone conference with L. Smith and RCLCO to discuss                     0.50    600       300.00
                             plan                   questions/issues on business plan.
07/07/08   Kevin P. Clancy   Bus anal - business    Telephone conference with L. Kwon re: business plan due diligence.          0.40    600       240.00
                             plan
07/07/08   Kevin P. Clancy   Bus anal - business    Telephone conference with L. Kwon and RCLCO re: business plan               0.60    600       360.00
                             plan                   due diligence and analysis for UCC.
07/07/08   Kevin P. Clancy   Bus anal - business    Review TBD schedules utilized in business plan.                             0.50    600       300.00
                             plan
07/07/08   Kevin P. Clancy   Bus anal - business    Review status of business plan due diligence and discuss with team          1.70    600     1,020.00
                             plan                   timeline and work plan for UCC and open issues lists for Company.

07/07/08   Kevin P. Clancy   Bus anal - business    Prepare update memo on status of business plan due diligence.               1.00    600       600.00
                             plan
07/07/08   Kevin P. Clancy   Litigation support     Discussions with staff re: solvency analysis.                               1.50    600       900.00
07/08/08   Kevin P. Clancy   Bus anal - business    Review/prepare materials for UCC re: JHC's business plan due                1.50    600       900.00
                             plan                   diligence process.
07/08/08   Kevin P. Clancy   Fee/employ             Review preliminary June fee estimates.                                      0.30    600       180.00
                             applications
07/08/08   Kevin P. Clancy   Litigation support     Meetings with RR re: document request lists; solvency issues and            4.00    600     2,400.00
                                                    document production/indexing.
07/08/08   Kevin P. Clancy   Litigation support     Review draft doc production requests.                                       1.50    600       900.00
07/08/08   Kevin P. Clancy   Meeting of creditors   Committee call and professionals' pre-call.                                 1.20    600       720.00
07/09/08   Kevin P. Clancy   Bus anal - business    Review open issues lists on sample communities and discuss testing          3.50    600     2,100.00
                             plan                   and completion timelines with staff and BAK.
07/09/08   Kevin P. Clancy   Bus anal - business    Telephone conference with LS re: open issues/questions related to           0.20    600       120.00
                             plan                   testing.
07/09/08   Kevin P. Clancy   Bus anal - business    Receipt and review of correspondence with RCLCO re: work plans for          0.30    600       180.00
                             plan                   UCC.
07/09/08   Kevin P. Clancy   Litigation support     Review Debtor's responses to requests for documents from UCC and            2.00    600     1,200.00
                                                    lenders.
07/10/08   Kevin P. Clancy   Bus anal - business    Review open issues lists and forward to counsel; discussions with staff     3.50    600     2,100.00
                             plan                   re: status of cost analyses for test communities.
07/11/08   Kevin P. Clancy   Bus anal - business    Review preliminary analyses of test communities cost side due               4.00    600     2,400.00
                             plan                   diligence and discuss schedules and open points with staff.
07/11/08   Kevin P. Clancy   Bus anal - business    Review open issues/questions on test communities; update tracking           5.00    600     3,000.00
                             plan                   schedule and forward to counsel for feedback.
07/11/08   Kevin P. Clancy   Bus anal - business    Discussion with counsel re: JHC/RCLCO due diligence work plans and          0.20    600       120.00
                             plan                   open issues on test communities.
07/12/08   Kevin P. Clancy   Bus anal - business    Review open issues/questions on test communities and RCLCO                  3.00    600     1,800.00
                             plan                   adjustments.
07/14/08   Kevin P. Clancy   Bus anal - business    Review analysis of Tampa - Live Oaks.                                       0.70    600       420.00
                             plan
07/14/08   Kevin P. Clancy   Bus anal - business    Review analysis of Austin - Brushy Creek.                                   0.60    600       360.00
                             plan
07/14/08   Kevin P. Clancy   Bus anal - business    Review analysis of Orlando - Regal Oaks.                                    0.80    600       480.00
                             plan
07/14/08   Kevin P. Clancy   Bus anal - business    Review analysis of San Antonio - Rogers Ranch.                              0.80    600       480.00
                             plan
07/14/08   Kevin P. Clancy   Bus anal - business    Review analysis of Orlando - Sonesta Pointe.                                0.80    600       480.00
                             plan
07/14/08   Kevin P. Clancy   Bus anal - business    Review analysis of Houston - Sienna Plantation.                             0.70    600       420.00
                             plan
07/14/08   Kevin P. Clancy   Bus anal - business    Review analysis of Tampa - TB Pod.                                          0.70    600       420.00
                             plan
07/14/08   Kevin P. Clancy   Bus anal - business    Review analysis of Houston - T Southern Hills.                              0.70    600       420.00
                             plan
07/14/08   Kevin P. Clancy   Bus anal - business    Review analysis of Houston - Fairfield.                                     0.60    600       360.00
                             plan
07/14/08   Kevin P. Clancy   Bus anal - business    Review analysis of Denver - York Street.                                    0.80    600       480.00
                             plan
07/14/08   Kevin P. Clancy   Bus anal - business    Review/edit summary schedule of preliminary adjustments and status          3.00    600     1,800.00
                             plan                   of open issues/questions.
07/15/08   Kevin P. Clancy   Bus anal - business    Meeting with counsel, RCLCO and Moelis to discuss business plan             3.00    600     1,800.00
                             plan                   REDACTED.
07/15/08   Kevin P. Clancy   Bus anal - business    Discuss preliminary business plan findings with staff.                      1.50    600       900.00
                             plan
07/15/08   Kevin P. Clancy   Bus anal - business    Review/edit open issues/questions on business plan based on                 1.50    600       900.00
                             plan                   comments from counsel.


                                                                        Page 54
                 Case 08-10928-JKO                   Document 2063                  Filed 10/31/2008                Page 56 of 71
                                                             TOUSA, Inc., et al                                                           Exhibit "4"
                                                         Case No. 08-10928 (JKO)
                                      J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional      Activity                                             Description                                  Hours    Rate      Fee
07/15/08   Kevin P. Clancy   Litigation support     Follow-up with staff on doc request list review based on discussions         1.00    600       600.00
                                                    with Robbins Russell.
07/15/08   Kevin P. Clancy   Meeting of creditors   Committee conference call.                                                   1.00    600       600.00
07/16/08   Kevin P. Clancy   Bus anal - business    Review responses from Tousa to open issues/items lists.                      1.50    600       900.00
                             plan
07/16/08   Kevin P. Clancy   Bus anal - business    Review responses from Tousa re: JHC & RCLCO business plan                    3.00    600     1,800.00
                             plan                   questions; review updated tracking schedule.
07/16/08   Kevin P. Clancy   Bus anal - cash        Review certifications re: pay-down and discuss process and tracking          1.00    600       600.00
                             collateral             with AH and BAK.
07/16/08   Kevin P. Clancy   Fee/employ             Review draft certification letter and procedures for fee                     0.80    600       480.00
                             applications           reporting/estimates.
07/17/08   Kevin P. Clancy   Bus anal - business    Review responses from Tousa to open issues/items lists and discuss           1.50    600       900.00
                             plan                   with staff.
07/17/08   Kevin P. Clancy   Bus anal - business    Review updated summary schedule of JHC/RCLCO adjustments.                    1.50    600       900.00
                             plan
07/17/08   Kevin P. Clancy   Fee/employ             Review June time entries.                                                    2.50    600     1,500.00
                             applications
07/17/08   Kevin P. Clancy   Litigation support     Correspondence with counsel re: document request lists.                      0.50    600       300.00
07/18/08   Kevin P. Clancy   Bus anal - business    Meetings with RCLCO and Moelis to discuss business plan.                     4.50    600     2,700.00
                             plan
07/18/08   Kevin P. Clancy   Bus anal - business    Discussions with JHC business plan due diligence team re: responses          1.80    600     1,080.00
                             plan                   from Tousa and items for UCC meeting.
07/18/08   Kevin P. Clancy   Bus anal - cash        Phone call with BAK re: certifications.                                      0.20    600       120.00
                             collateral
07/18/08   Kevin P. Clancy   Fee/employ             Review JHC June statement and discuss with counsel.                          0.50    600       300.00
                             applications
07/18/08   Kevin P. Clancy   Litigation support     Review correspondence to/from counsel re: subpoena's to lenders.             0.70    600       420.00

07/18/08   Kevin P. Clancy   Litigation support     Correspondence to/from counsel and discussions with Moelis re: doc           0.30    600       180.00
                                                    request list meeting.
07/18/08   Kevin P. Clancy   Meeting of creditors   Conference call with counsel re: UCC meeting.                                0.50    600       300.00
07/19/08   Kevin P. Clancy   Bus anal - business    Prepare materials for UCC meeting.                                           3.00    600     1,800.00
                             plan
07/20/08   Kevin P. Clancy   Litigation support     Discussion with AH re: meeting with RR on document request lists.            0.30    600       180.00

07/21/08   Kevin P. Clancy   Bus anal - business    Telephone conferences with RCLCO and Moelis re: materials for UCC            0.70    600       420.00
                             plan                   meeting.
07/21/08   Kevin P. Clancy   Bus anal - business    Review responses from Debtor and updated tracking sheet.                     0.50    600       300.00
                             plan
07/21/08   Kevin P. Clancy   Fee/employ             Attend to June fee statement re: comments from counsel and estimate          1.00    600       600.00
                             applications           for July.
07/21/08   Kevin P. Clancy   Litigation support     Review related party notes and investigate disclosure in bankruptcy          2.50    600     1,500.00
                                                    filings and SEC filings; discuss findings with staff.
07/21/08   Kevin P. Clancy   Litigation support     Discuss with staff revisions/clarifications to document request list and     0.50    600       300.00
                                                    meeting with counsel.
07/21/08   Kevin P. Clancy   Meeting of creditors   Prepare/review schedules/analyses for Committee presentation re:             3.50    600     2,100.00
                                                    business plan; review updated community cost detail and discuss
                                                    summary of data for materials with staff.
07/22/08   Kevin P. Clancy   Bus anal - business    Receipt and review of materials for Committee call.                          1.00    600       600.00
                             plan
07/22/08   Kevin P. Clancy   Bus anal - business    Review business plan due diligence analyses and discuss with                 3.50    600     2,100.00
                             plan                   construction cost team.
07/22/08   Kevin P. Clancy   Bus anal - business    Review/prepare materials for Committee meeting.                              5.00    600     3,000.00
                             plan
07/22/08   Kevin P. Clancy   Bus anal - business    Discussions with RCLCO re: materials for Committee meeting.                  0.70    600       420.00
                             plan
07/22/08   Kevin P. Clancy   Litigation support     Review inter-company notes/accounts issues with staff.                       1.00    600       600.00
07/22/08   Kevin P. Clancy   Meeting of creditors   Committee call and professionals' call.                                      2.00    600     1,200.00
07/23/08   Kevin P. Clancy   Bus anal - business    Prepare/review business plan due diligence materials for UCC                 6.50    600     3,900.00
                             plan                   meeting.
07/23/08   Kevin P. Clancy   Bus anal - business    Discussion with counsel re: report for UCC.                                  0.30    600       180.00
                             plan
07/24/08   Kevin P. Clancy   Bus anal - business    Telephone conference with Akin re: Committee materials.                      1.00    600       600.00
                             plan
07/24/08   Kevin P. Clancy   Bus anal - business    Meetings with RCLCO to review/prepare materials for Committee                5.00    600     3,000.00
                             plan                   meeting.
07/24/08   Kevin P. Clancy   Bus anal - business    Revise materials for UCC meeting based on comments from counsel.             3.00    600     1,800.00
                             plan


                                                                        Page 55
                 Case 08-10928-JKO                   Document 2063                  Filed 10/31/2008                   Page 57 of 71
                                                             TOUSA, Inc., et al                                                          Exhibit "4"
                                                         Case No. 08-10928 (JKO)
                                      J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional      Activity                                               Description                               Hours    Rate      Fee
07/24/08   Kevin P. Clancy   Litigation support     Telephone conference with RR re: discovery issues.                          0.70    600       420.00
07/24/08   Kevin P. Clancy   Litigation support     Discussions with staff re: entity roll-up analysis.                         1.00    600       600.00
07/25/08   Kevin P. Clancy   Bus anal - business    Prepare for UCC meeting on business plan; discussions with BAK.             1.00    600       600.00
                             plan
07/25/08   Kevin P. Clancy   Litigation support     Review updated doc request list from counsel.                               1.00    600       600.00
07/25/08   Kevin P. Clancy   Litigation support     Discussions with staff re: new document production.                         0.30    600       180.00
07/25/08   Kevin P. Clancy   Meeting of creditors   Meetings with Committee and Debtor to discuss operations, plan              5.00    600     3,000.00
                                                    issues and Business Plan due diligence.
07/28/08   Kevin P. Clancy   Fee/employ             Attend court re: fee apps.                                                  1.50    600       900.00
                             applications
07/28/08   Kevin P. Clancy   Litigation support     Meeting with counsel to discuss hearing and fraud convey litigation         1.50    600       900.00
                                                    timeline.
07/28/08   Kevin P. Clancy   Litigation support     Review indices of doc productions and discuss with staff in preparation     1.00    600       600.00
                                                    for call with counsel.
07/29/08   Kevin P. Clancy   Bus anal - business    Receipt and review of correspondence/documents for UCC call.                0.50    600       300.00
                             plan
07/29/08   Kevin P. Clancy   Bus anal - business    Review corp roll-up analysis and discuss discrepancies with staff.          1.50    600       900.00
                             plan
07/29/08   Kevin P. Clancy   Litigation support     Telephone conference with counsel to discuss document production.           0.90    600       540.00

07/29/08   Kevin P. Clancy   Meeting of creditors   Committee conference call.                                                  0.60    600       360.00
08/04/08   Kevin P. Clancy   Bus anal - business    Telephone conference with RCLCO.                                            0.70    600       420.00
                             plan
08/04/08   Kevin P. Clancy   Litigation support     Meetings with BK and AH re: review trial balance.                           3.40    600     2,040.00
08/04/08   Kevin P. Clancy   Litigation support     Telephone conferences with counsel re: meeting with debtor.                 0.90    600       540.00
08/04/08   Kevin P. Clancy   Litigation support     Meeting with AH re: inter-company presentation by debtors.                  1.10    600       660.00
08/04/08   Kevin P. Clancy   Litigation support     Review trial balances and discuss questions/issues with staff.              1.50    600       900.00
08/05/08   Kevin P. Clancy   Litigation support     Meeting with counsel to discuss discovery status.                           1.50    600       900.00
08/05/08   Kevin P. Clancy   Litigation support     Meeting with Debtor and advisors to discuss inter-company activity          3.00    600     1,800.00
                                                    analyses.
08/05/08   Kevin P. Clancy   Litigation support     Discussions with counsel re: inter-company activity analyses.               1.00    600       600.00
08/05/08   Kevin P. Clancy   Litigation support     Review response letter and discuss with BK/staff.                           0.80    600       480.00
08/05/08   Kevin P. Clancy   Meeting of creditors   Receipt and review of correspondence/documents for UCC call.                1.20    600       720.00
08/05/08   Kevin P. Clancy   Meeting of creditors   Committee call.                                                             1.50    600       900.00
08/06/08   Kevin P. Clancy   Bus anal - business    Meetings/discussions with MP & Falcone to discuss POR structures.           3.70    600     2,220.00
                             plan                   REDACTED
08/06/08   Kevin P. Clancy   Bus anal - business    Discussion with RCLCO re: MP business plan. REDACTED                        0.20    600       120.00
                             plan
08/06/08   Kevin P. Clancy   Bus anal - business    Review MP business plan/model and discuss analysis of financial data        1.90    600     1,140.00
                             plan                   with BK. REDACTED
08/06/08   Kevin P. Clancy   Bus anal - business    Follow-up on issues raised at MP meeting. REDACTED                          0.50    600       300.00
                             plan
08/06/08   Kevin P. Clancy   Litigation support     Review/research requests from Moelis re: legal entity, financial data.      0.80    600       480.00

08/06/08   Kevin P. Clancy   Litigation support     Review pending motions summaries to UCC.                                    0.40    600       240.00
08/07/08   Kevin P. Clancy   Bus anal - business    Discussions with construction team re: requested info and analyses for      0.70    600       420.00
                             plan                   7/31/07 asset assessment.
08/07/08   Kevin P. Clancy   Litigation support     Telephone conferences with counsel re: discovery requests.                  0.50    600       300.00
08/07/08   Kevin P. Clancy   Litigation support     Telephone conferences with counsel re: fraudulent conveyance issues.        0.50    600       300.00

08/07/08   Kevin P. Clancy   Litigation support     Review and analysis of inter-company account issues, financial data         5.00    600     3,000.00
                                                    and spreadsheets; discuss theories and concepts with BK and AH.

08/07/08   Kevin P. Clancy   Litigation support     Prepare discovery requests items for E&Y, discuss specific work             1.00    600       600.00
                                                    papers with audit team.
08/07/08   Kevin P. Clancy   Litigation support     Review T/B extracts G/L system; follow-up on Moelis request for info.       1.30    600       780.00

08/07/08   Kevin P. Clancy   Litigation support     Discussions with staff re: prep of materials to discuss with RR.            1.20    600       720.00
08/08/08   Kevin P. Clancy   Bus anal - business    Telephone conference with RCLCO re: 7/31/07 asset analysis.                 0.90    600       540.00
                             plan
08/08/08   Kevin P. Clancy   Litigation support     Prepare discovery requests items for E&Y, discuss specific work             2.50    600     1,500.00
                                                    papers with audit team.
08/08/08   Kevin P. Clancy   Litigation support     Review corporate balance sheets and discuss inter-company                   1.60    600       960.00
                                                    accounts/eliminations with staff.
08/08/08   Kevin P. Clancy   Litigation support     Telephone conference with AK re: solvency analyses.                         0.50    600       300.00
08/08/08   Kevin P. Clancy   Litigation support     Correspondence with counsel re: discovery responses; discuss w/             0.70    600       420.00
                                                    BAK.
08/08/08   Kevin P. Clancy   Litigation support     Review discovery responses from Tousa.                                      2.00    600     1,200.00


                                                                        Page 56
                 Case 08-10928-JKO                   Document 2063                  Filed 10/31/2008                Page 58 of 71
                                                             TOUSA, Inc., et al                                                          Exhibit "4"
                                                         Case No. 08-10928 (JKO)
                                      J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional      Activity                                              Description                                Hours    Rate     Fee
08/08/08   Kevin P. Clancy   Litigation support     Review pending motions summaries for UCC.                                   0.80    600       480.00
08/09/08   Kevin P. Clancy   Litigation support     Correspondence with counsel re: discovery requests.                         0.30    600       180.00
08/10/08   Kevin P. Clancy   Litigation support     Conf call with counsel to discuss discovery status.                         0.70    600       420.00
08/10/08   Kevin P. Clancy   Litigation support     Review corp financial data as of 7/31/07 and discuss with staff in prep     3.50    600     2,100.00
                                                    for meeting with counsel.
08/10/08   Kevin P. Clancy   Litigation support     Follow-up on items for counsel re: discovery correspondence and             0.80    600       480.00
                                                    discuss with staff.
08/11/08   Kevin P. Clancy   Litigation support     Meeting with counsel to review discovery requests.                          4.00    600     2,400.00
08/11/08   Kevin P. Clancy   Litigation support     Review draft motion with counsel.                                           1.00    600       600.00
08/11/08   Kevin P. Clancy   Litigation support     Review document request list and items to discuss with counsel re: to       2.50    600     1,500.00
                                                    access to financial data.
08/11/08   Kevin P. Clancy   Litigation support     Meeting with AH regarding balance sheets.                                   0.30    600       180.00
08/12/08   Kevin P. Clancy   Litigation support     Meeting with counsel to review discovery requests.                          1.50    600       900.00
08/12/08   Kevin P. Clancy   Litigation support     Meeting with counsel to discuss corp financial data; litigation status      4.50    600     2,700.00
                                                    and timeline and inter-company issues.
08/12/08   Kevin P. Clancy   Litigation support     Discussions with staff re: systems training on-site at Tousa corp.          0.30    600       180.00

08/12/08   Kevin P. Clancy   Litigation support     Review Debtor's 2007 10K.                                                   0.90    600       540.00
08/12/08   Kevin P. Clancy   Meeting of creditors   Committee call and professional's pre-call.                                 0.70    600       420.00
08/12/08   Kevin P. Clancy   Meeting of creditors   Receipt and review of correspondence/documents for UCC call.                0.30    600       180.00
08/13/08   Kevin P. Clancy   Litigation support     Telephone conference with RR and RCLCO re: access to G/L system.            0.80    600       480.00

08/13/08   Kevin P. Clancy   Litigation support     Follow-up with staff re; Essbase/HSP training.                              0.90    600       540.00
08/14/08   Kevin P. Clancy   Litigation support     Receipt and review of protective motion and order.                          1.00    600       600.00
08/14/08   Kevin P. Clancy   Litigation support     Telephone conference with LB re: outcome of court hearing.                  0.20    600       120.00
08/14/08   Kevin P. Clancy   Litigation support     Review trial balance questions to discuss with Debtor; corp org chart       3.00    600     1,800.00
                                                    issues for Debtors and non-debtors and discuss with staff.

08/14/08   Kevin P. Clancy   Litigation support     Meeting with AH re: document requests.                                      0.30    600       180.00
08/15/08   Kevin P. Clancy   Bus anal - business    Telephone conference with RR and RCLCO re: hearing and upcoming             0.70    600       420.00
                             plan                   meeting with Company.
08/15/08   Kevin P. Clancy   Bus anal - business    Review questions/items to request re: corp T/Bs; discuss Q7A session        2.50    600     1,500.00
                             plan                   with staff.
08/15/08   Kevin P. Clancy   Bus anal - business    Corresp with counsel re: reports for Tousa to generate; discuss             1.50    600       900.00
                             plan                   community level reports with staff.
08/15/08   Kevin P. Clancy   Bus anal - business    Review analysis/comparison of MP projections versus Tousa business          0.50    600       300.00
                             plan                   plan.
08/15/08   Kevin P. Clancy   Fee/employ             Review July detailed time entries and proposed order for 1st interim        2.30    600     1,380.00
                             applications           application.
08/16/08   Kevin P. Clancy   Litigation support     Review discovery responses from Debtor re: BOD minutes and                  2.00    600     1,200.00
                                                    financial presentations.
08/18/08   Kevin P. Clancy   Bus anal - business    Discussion with RCLCO re: reports list.                                     0.30    600       180.00
                             plan
08/18/08   Kevin P. Clancy   Fee/employ             Review fee orders.                                                          0.20    600       120.00
                             applications
08/18/08   Kevin P. Clancy   Litigation support     Telephone conference with RR.                                               0.70    600       420.00
08/18/08   Kevin P. Clancy   Litigation support     Review reports list and discuss with staff.                                 2.50    600     1,500.00
08/18/08   Kevin P. Clancy   Litigation support     Review document production from Debtors.                                    2.50    600     1,500.00
08/18/08   Kevin P. Clancy   Litigation support     Discussions w/ BAK re: items for 8/21 Q&A meeting.                          1.00    600       600.00
08/19/08   Kevin P. Clancy   Litigation support     Review questions and issues for 8/21 mtg and discuss with staff.            2.00    600     1,200.00

08/19/08   Kevin P. Clancy   Litigation support     Review pending motions summary.                                             0.30    600       180.00
08/19/08   Kevin P. Clancy   Litigation support     Discussion with RD re: potential investors. REDACTED                        0.30    600       180.00
08/19/08   Kevin P. Clancy   Meeting of creditors   UCC call.                                                                   1.50    600       900.00
08/19/08   Kevin P. Clancy   Meeting of creditors   Review materials for UCC call.                                              0.50    600       300.00
08/20/08   Kevin P. Clancy   Litigation support     Review/analyze historical information for Q&A mtg with company.             0.70    600       420.00

08/20/08   Kevin P. Clancy   Litigation support     Review BDO list.                                                            0.30    600       180.00
08/20/08   Kevin P. Clancy   Litigation support     Discussion with MW.                                                         0.30    600       180.00
08/20/08   Kevin P. Clancy   Litigation support     Discussions with RCLCO re: BDO list of requested items; follow-up           1.20    600       720.00
                                                    with JHC staff on open issues.
08/21/08   Kevin P. Clancy   Litigation support     Q&A meeting with Tousa.                                                     2.00    600     1,200.00
08/21/08   Kevin P. Clancy   Litigation support     Meetings with counsel re: access to financial info.                         1.50    600       900.00
08/21/08   Kevin P. Clancy   Litigation support     Call with counsel re: process to gather financial info.                     0.70    600       420.00
08/21/08   Kevin P. Clancy   Litigation support     Review inter-company info and T/B questions to discuss with company         1.50    600       900.00
                                                    personnel.
08/21/08   Kevin P. Clancy   Litigation support     Review/analyze historical information: Excel files from Debtor.             2.00    600     1,200.00
08/22/08   Kevin P. Clancy   Litigation support     Receipt and review of correspondence re: access to G/L data.                0.30    600       180.00


                                                                         Page 57
                 Case 08-10928-JKO                   Document 2063                  Filed 10/31/2008                 Page 59 of 71
                                                             TOUSA, Inc., et al                                                           Exhibit "4"
                                                         Case No. 08-10928 (JKO)
                                      J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional      Activity                                             Description                                  Hours    Rate     Fee
08/22/08   Kevin P. Clancy   Litigation support     Review Debtor's document production; discuss community level review          1.70    600     1,020.00
                                                    with staff.
08/22/08   Kevin P. Clancy   Meeting of creditors   Committee conf call.                                                         1.30    600       780.00
08/22/08   Kevin P. Clancy   Meeting of creditors   Receipt and review of correspondence/documents for UCC call.                 0.70    600       420.00
08/25/08   Kevin P. Clancy   Litigation support     Attend court re: various motions.                                            3.00    600     1,800.00
08/25/08   Kevin P. Clancy   Litigation support     Meetings with counsel to discuss access to financial info and                2.00    600     1,200.00
                                                    document productions.
08/25/08   Kevin P. Clancy   Litigation support     Review correspondence from counsel re: discovery                             1.50    600       900.00
                                                    requests/responses and follow-up with staff on document review.

08/26/08   Kevin P. Clancy   Bus anal - business    Telephone conference with AB re: results of hearing and next steps.          0.70    600       420.00
                             plan
08/26/08   Kevin P. Clancy   Bus anal - business    Discussion with BJH re: MP term sheet status, inter-company                  1.00    600       600.00
                             plan                   reconciliation and AP documents/model. REDACTED
08/26/08   Kevin P. Clancy   Bus anal - business    Meeting with Moelis and RCLCO re: AP documents/opinion &                     3.50    600     2,100.00
                             plan                   projections.
08/26/08   Kevin P. Clancy   Litigation support     Review AP documents and discuss with BAK and AH.                             3.50    600     2,100.00
08/26/08   Kevin P. Clancy   Meeting of creditors   UCC and professionals' calls.                                                0.50    600       300.00
08/27/08   Kevin P. Clancy   Litigation support     Corresp to/with counsel re: meet and confer on document request              1.50    600       900.00
                                                    items; follow-up questions on inter-company reconciliation/balances;
                                                    discuss agenda items with staff.
08/27/08   Kevin P. Clancy   Litigation support     Review document production.                                                  2.30    600     1,380.00
08/27/08   Kevin P. Clancy   Litigation support     Review filings to dismiss litigation, discuss with staff.                    1.00    600       600.00
08/28/08   Kevin P. Clancy   Litigation support     Receipt and review of correspondence re: access to G/L system.               1.00    600       600.00

           Kevin P. Clancy Total                                                                                               450.00          270,000.00
05/19/08   Maria Elena Valle Case administration    Rresearch for counsel re: retention papers.                                  4.80    155       744.00

05/21/08   Maria Elena Valle Case administration    Convert document for K. Clancy                                               3.40    155       527.00

05/22/08   Maria Elena Valle Case administration    Convert missing page 15 from previous document                               0.70    155       108.50

06/05/08   Maria Elena Valle Fee/employ             Check for any filed fee applications                                         0.40    155            62.00
                             applications
06/10/08   Maria Elena Valle Case administration    Prepare arrangmeent letter for Florida visits. Fort Myers, Jacksonville,     1.00    155       155.00
                                                    Hollywood, Tampa and Orlando
06/11/08   Maria Elena Valle Case administration    Prepare arrangement letters for Houston, Austin and San Antonio              0.50    155            77.50

07/01/08   Maria Elena Valle Fee/employ             Make changes to exhibits and forward to S. Tarr                              0.70    155       108.50
                             applications
07/07/08   Maria Elena Valle Bus anal - business    Convert various documents to excel re: Florida tbd Assumptions for K.        1.40    155       217.00
                             plan                   Clancy
07/18/08   Maria Elena Valle Fee/employ             Revise Exhibit 4 to 1st fee application for counsel; resort by code          0.20    155            31.00
                             applications           reference and subtotal
           Maria Valle Total                                                                                                    13.10            2,030.50
05/01/08   Michael Curry     Bus anal - business    Meeting with JC re: business plan.                                           0.50    450       225.00
                             plan
05/02/08   Michael Curry     Bus anal - business    Review Tousa Business Plan.                                                  0.40    450       180.00
                             plan
05/02/08   Michael Curry     Bus anal - business    Meeting with A. Benbrook and M. Lipari re plan for week 5/5.                 0.50    450       225.00
                             plan
05/05/08   Michael Curry     Bus anal - business    General meeting with J. Callahan and A. Benbrook to discuss                  1.00    450       450.00
                             plan                   business plan due diligence.
05/06/08   Michael Curry     Bus anal - business    Meeting at TOUSA management.                                                 6.50    450     2,925.00
                             plan
05/07/08   Michael Curry     Bus anal - business    Review Audit programs for tests of costs and create memo of controls         1.50    450       675.00
                             plan
05/07/08   Michael Curry     Bus anal - business    Meeting at TOUSA management.                                                 6.50    450     2,925.00
                             plan
05/08/08   Michael Curry     Bus anal - business    Essbase Training                                                             6.00    450     2,700.00
                             plan
05/09/08   Michael Curry     Bus anal - business    General telephone conferences with Jefferies, JHC and RCL Co.                1.50    450       675.00
                             plan
05/09/08   Michael Curry     Bus anal - business    Formulate work plan.                                                         4.00    450     1,800.00
                             plan
05/09/08   Michael Curry     Bus anal - business    Phone call with Kevin and Bernie re: business plan due diligence.            0.60    450       270.00
                             plan



                                                                        Page 58
                 Case 08-10928-JKO                Document 2063                  Filed 10/31/2008                Page 60 of 71
                                                          TOUSA, Inc., et al                                                        Exhibit "4"
                                                      Case No. 08-10928 (JKO)
                                   J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional    Activity                                           Description                                Hours    Rate      Fee
05/12/08   Michael Curry   Bus anal - business   Conference call with R. Robideau and A. Benbrook.                         2.00    450       900.00
                           plan
05/12/08   Michael Curry   Bus anal - business   Generate reports in HSP.                                                  2.30    450     1,035.00
                           plan
05/13/08   Michael Curry   Bus anal - business   Create Essbase schedule of Net income for Nashville Division.             2.50    450     1,125.00
                           plan
05/13/08   Michael Curry   Bus anal - business   Develop work plan for business plan due diligence.                        3.80    450     1,710.00
                           plan
05/13/08   Michael Curry   Bus anal - business   Create Essbase schedule of Net income for Nashville Division.             2.50    450     1,125.00
                           plan
05/13/08   Michael Curry   Bus anal - business   Develop work plan for business plan due diligence.                        2.80    450     1,260.00
                           plan
05/13/08   Michael Curry   Bus anal - business   Create HSP reports and discussion with R. Robideau.                       4.00    450     1,800.00
                           plan
05/13/08   Michael Curry   Litigation support    Meeting with A. Benbrook and A. Hanover to review corporate               0.60    450       270.00
                                                 organization/divisional/community analysis re: 7/31.
05/13/08   Michael Curry   Litigation support    Meeting with A. Hanover to review Essbase/HSP analyses.                   0.60    450       270.00
05/14/08   Michael Curry   Bus anal - business   Develop budget for community work plan                                    0.80    450       360.00
                           plan
05/15/08   Michael Curry   Bus anal - business   Telephone conference with R. Robideau                                     1.50    450       675.00
                           plan
05/15/08   Michael Curry   Bus anal - business   Generate reports in HSP.                                                  2.30    450     1,035.00
                           plan
05/15/08   Michael Curry   Bus anal - business   Develop work plan procedures.                                             2.50    450     1,125.00
                           plan
05/16/08   Michael Curry   Bus anal - business   Generate reports in HSP.                                                  2.00    450       900.00
                           plan
05/20/08   Michael Curry   Bus anal - business   Meeting with A. Benbrook, M. Lipari, J. Garboski to review work plan.     2.10    450       945.00
                           plan
05/20/08   Michael Curry   Bus anal - business   Review updated work plan.                                                 0.70    450       315.00
                           plan
05/20/08   Michael Curry   Litigation support    Telephone conference with A. Hanover re: HSP access and                   0.20    450            90.00
                                                 intercompany analysis.
05/21/08   Michael Curry   Bus anal - business   Resolve technical issues with Tousa helpdesk.                             0.80    450       360.00
                           plan
05/21/08   Michael Curry   Bus anal - business   Meeting with team leaders to discuss work plan.                           1.00    450       450.00
                           plan
05/21/08   Michael Curry   Bus anal - business   Create reports for job 1433 of Benington.                                 3.50    450     1,575.00
                           plan
05/22/08   Michael Curry   Bus anal - business   Create reports in HSP for Benington Subdivision                           1.40    450       630.00
                           plan
05/22/08   Michael Curry   Bus anal - business   Conference call with R. Robideau re Nashville-Benington.                  0.50    450       225.00
                           plan
05/27/08   Michael Curry   Bus anal - business   Generating HSP reports for Benington Subdivision                          3.00    450     1,350.00
                           plan
05/28/08   Michael Curry   Bus anal - business   Generating construction status reports and gross profit on closings       5.00    450     2,250.00
                           plan                  reports for initial 25 communities excluding Benington.
05/29/08   Michael Curry   Bus anal - business   Generating construction status reports and gross profit by closing        4.10    450     1,845.00
                           plan                  reports for West Region.
05/29/08   Michael Curry   Litigation support    Telephone conference with A. Hanover re: document review                  0.30    450       135.00
                                                 procedures.
05/30/08   Michael Curry   Bus anal - business   Review Benington Community cash flow.                                     1.30    450       585.00
                           plan
06/02/08   Michael Curry   Bus anal - business   Review and adjustment of workplan via phone with Amy Benbrook.            0.80    450       360.00
                           plan
06/02/08   Michael Curry   Bus anal - business   At Benington subdivision report and generation and extraction from        4.50    450     2,025.00
                           plan                  HSP.
06/02/08   Michael Curry   Bus anal - business   Prepare Benington essbase schedules of gross profit by subdivision,       3.30    450     1,485.00
                           plan                  profit & loss by subdivision and subdivision statistics.

06/02/08   Michael Curry   Bus anal - business   Review budget vs actual reports for Benington with Rick Robideau,         2.50    450     1,125.00
                           plan                  Div. President and Pat Shirah, VP of Supply.
06/03/08   Michael Curry   Bus anal - business   Analysis of historical gross profit and percentages to community cash     2.30    450     1,035.00
                           plan                  flow forecasts for Benington subdivision.
06/03/08   Michael Curry   Bus anal - business   Generation and extraction of HSP reports.                                 3.20    450     1,440.00
                           plan
06/03/08   Michael Curry   Bus anal - business   Analysis of work in progress total by house and comparison to the         2.50    450     1,125.00
                           plan                  Benington trial balance.


                                                                     Page 59
                 Case 08-10928-JKO                Document 2063                   Filed 10/31/2008                Page 61 of 71
                                                          TOUSA, Inc., et al                                                            Exhibit "4"
                                                      Case No. 08-10928 (JKO)
                                   J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional    Activity                                             Description                                  Hours    Rate      Fee
06/03/08   Michael Curry   Bus anal - business   Job site visit with Rick Robideau.                                            2.00    450       900.00
                           plan
06/04/08   Michael Curry   Bus anal - business   Analysis of Benington Income. Statement of forecast with Elaine               3.00    450     1,350.00
                           plan                  Rogers (VP).
06/04/08   Michael Curry   Bus anal - business   Review and adjustment of workplan with team members and Amy                   1.00    450       450.00
                           plan                  Benbrook.
06/04/08   Michael Curry   Bus anal - business   Indirect costs account analysis for Benington Subdivision.                    2.50    450     1,125.00
                           plan
06/04/08   Michael Curry   Bus anal - business   Reconciliation of projected deliveries for the Benington subdivision with     0.80    450       360.00
                           plan                  Elaine Rogers.
06/04/08   Michael Curry   Bus anal - business   HSP AS400 report generation and extraction                                    0.70    450       315.00
                           plan
06/05/08   Michael Curry   Bus anal - business   Review analysis from Benington subdivision site visit.                        1.30    450       585.00
                           plan
06/05/08   Michael Curry   Bus anal - business   Prepare master schedule of site visits for 25 communities.                    1.20    450       540.00
                           plan
06/05/08   Michael Curry   Bus anal - business   Generate and extract job cost detail reports for Wind Meadows and TB          2.30    450     1,035.00
                           plan                  Pod communities.
06/05/08   Michael Curry   Bus anal - business   Preparation and calculation of square footage analysis.                       2.00    450       900.00
                           plan
06/05/08   Michael Curry   Bus anal - business   Generate document request lists for Tampa site visits.                        1.00    450       450.00
                           plan
06/05/08   Michael Curry   Bus anal - business   Discuss HSP AS400 issues with Tousa support.                                  1.20    450       540.00
                           plan
06/06/08   Michael Curry   Bus anal - business   Generate and extract job cost detail reports for Hawthorne, Estrada           3.00    450     1,350.00
                           plan                  and Doral Madeira site visits.
06/06/08   Michael Curry   Bus anal - business   Preparation of document request lists for Florida site visits.                2.50    450     1,125.00
                           plan
06/06/08   Michael Curry   Bus anal - business   Review gross profit closings report for Reflection Lake Naples and            1.20    450       540.00
                           plan                  select jobs to test.
06/06/08   Michael Curry   Bus anal - business   Discuss community cashflows and assumptions for Tampa Live Oaks,              0.70    450       315.00
                           plan                  TB Pod and Windmeadows.
06/08/08   Michael Curry   Bus anal - business   Generate and extract select take off reports for Tampa jobs selected          1.70    450       765.00
                           plan                  for testing.
06/09/08   Michael Curry   Bus anal - business   Make selections of jobs for testing for Whitfield @ Oakleaf after             1.30    450       585.00
                           plan                  printing the const status report and gross profit on closings reports for
                                                 various dates
06/09/08   Michael Curry   Bus anal - business   Prepare document request lists for Orlando Regal Oaks, Like Oaks              1.20    450       540.00
                           plan                  Res, Sonesta Pointe and Independence
06/09/08   Michael Curry   Bus anal - business   Analyze information obtained on Nashville Division visit                      2.20    450       990.00
                           plan
06/09/08   Michael Curry   Bus anal - business   Generate and extract cost code summary reports and costs                      2.40    450     1,080.00
                           plan                  comparison reports for Tampa jobs selected for testing
06/10/08   Michael Curry   Bus anal - business   Print reports for Orlando Division visit                                      1.00    450       450.00
                           plan
06/10/08   Michael Curry   Bus anal - business   Prepare essbase schedules of gross profit analysis for Tampa Live             1.60    450       720.00
                           plan                  Oaks, TB Pod and Wind Meadows
06/10/08   Michael Curry   Bus anal - business   Generate and extract Gross profit on closings report and construction         2.10    450       945.00
                           plan                  status reports for J73, E98, 149 and 277 of the Austin and San Antonio
                                                 subdivisions
06/11/08   Michael Curry   Bus anal - business   Review results of job cost testing on Hawthorne subdivision in Orlando        1.00    450       450.00
                           plan
06/11/08   Michael Curry   Bus anal - business   Prepare essbase schedules for D95, C76 and 864 subdivisions in                2.00    450       900.00
                           plan                  South Florida
06/11/08   Michael Curry   Bus anal - business   Discussion with Rolli Gonzalez VP regarding the assumptions used in           2.00    450       900.00
                           plan                  the business plan for Hawthorne, Regal Oaks, Independence and
                                                 Sonesta Pointe
06/11/08   Michael Curry   Bus anal - business   Review and analyze the community cashflow for the K63, I92, 880 and           5.00    450     2,250.00
                           plan                  K71 subdivisions in the Orlando and TE-Orlando Divisions.

06/12/08   Michael Curry   Bus anal - business   Generate and extract Divisional Gross Profit on Closings report for the       0.50    450       225.00
                           plan                  Austin and Houston
06/12/08   Michael Curry   Bus anal - business   Review Plan with builder comments schedule and total analysis                 0.70    450       315.00
                           plan                  schedules
06/12/08   Michael Curry   Bus anal - business   Print cost code summary and cost comparison reports for B29 and J09           1.20    450       540.00
                           plan                  subdivisions for comparison to K63 and K71
06/12/08   Michael Curry   Bus anal - business   Analysis of WIP and comparison to trial balance for Hawthorne                 1.30    450       585.00
                           plan                  subdivision of Orlando Division


                                                                      Page 60
                 Case 08-10928-JKO                Document 2063                   Filed 10/31/2008              Page 62 of 71
                                                          TOUSA, Inc., et al                                                          Exhibit "4"
                                                      Case No. 08-10928 (JKO)
                                   J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional    Activity                                         Description                                    Hours    Rate      Fee
06/12/08   Michael Curry   Bus anal - business   Visit the Hawthorne community for a site visit                              1.50    450       675.00
                           plan
06/12/08   Michael Curry   Bus anal - business   Analyze Land costs and allocations for the Hawthorne subdivision of         2.00    450       900.00
                           plan                  the Orlando Division
06/12/08   Michael Curry   Bus anal - business   Analysis of indirect construction costs and allocations for Hawthorne       2.50    450     1,125.00
                           plan                  subdivision of Orlando Division
06/13/08   Michael Curry   Bus anal - business   Analyze impairments on Independence and Regal Oaks subdivisions             0.70    450       315.00
                           plan                  in Orlando
06/13/08   Michael Curry   Bus anal - business   Complete memo's on job site visit and indirect construction costs           2.00    450       900.00
                           plan                  analytics
06/13/08   Michael Curry   Bus anal - business   Test job costs back to vendor and sub agreements on Hawthorne               2.00    450       900.00
                           plan                  subdivision in Orlando
06/13/08   Michael Curry   Bus anal - business   Analyze Land cost allocations per lot on Hawthorne subdivision              1.00    450       450.00
                           plan
06/16/08   Michael Curry   Bus anal - business   Analyze results from the Orlando division site visit                        2.00    450       900.00
                           plan
06/16/08   Michael Curry   Bus anal - business   Prepare Preliminary analysis schedule to summarize analysis and             4.00    450     1,800.00
                           plan                  outcome of testing for all communities tested
06/16/08   Michael Curry   Bus anal - business   Generate essebase schedules for Brushy Creek, Independence Park,            3.00    450     1,350.00
                           plan                  Belterra, Telfair, Fairfield, Sienna Plantations, Woodland Pines and
                                                 Rogers Ranch of the Houston and Austin divisions
06/16/08   Michael Curry   Bus anal - business   Analyze schedules for the Tampa Division site visits                        2.00    450       900.00
                           plan
06/17/08   Michael Curry   Bus anal - business   Review the Preliminary analysis schedule with B. Katz, K. Clancy and        0.80    450       360.00
                           plan                  A. Benbrook for Bennington, Hawthorne, Wind Meadows and Sonesta
                                                 Pointe
06/17/08   Michael Curry   Bus anal - business   Make changes in format to the preliminary analysis schedules                1.20    450       540.00
                           plan
06/17/08   Michael Curry   Bus anal - business   Review schedules for the Houston subdivisions visit with Chris Gaeta        1.00    450       450.00
                           plan
06/17/08   Michael Curry   Bus anal - business   Review assumptions Memo for Telfair, Fairfield, Sienna Plantation and       0.70    450       315.00
                           plan                  Woodland Pines subdivisions
06/17/08   Michael Curry   Bus anal - business   Generate and review the Preliminary analysis schedules for                  7.30    450     3,285.00
                           plan                  Bennington, Hawthorne, Regal Oaks, Sonesta Point, Independence,
                                                 Live Oaks, Wind Meadows, and TB Pod subdivisions of the Nashville,
                                                 Orlando and Tampa Divisions'
06/18/08   Michael Curry   Bus anal - business   Document the assumptions in a memorandum for Sonesta Point                  0.50    450       225.00
                           plan                  subdivision of the Orlando Division
06/18/08   Michael Curry   Bus anal - business   Review and reformat the preliminary analysis schedules for                  4.50    450     2,025.00
                           plan                  Hawthorne, Regal Oaks, Sonesta Pointe, Independence, Live Oaks,
                                                 TB Pod and Wind Meadows subdivisions
06/18/08   Michael Curry   Bus anal - business   Review Community cashflow and land acq. Model schedules with the            1.20    450       540.00
                           plan                  Austin site visit team
06/18/08   Michael Curry   Bus anal - business   Document the assumptions in memorandum for Independence                     0.70    450       315.00
                           plan                  subdivision of the TE Orlando division
06/18/08   Michael Curry   Bus anal - business   Review indirect construction costs analytics for Sienna subdivision of      1.20    450       540.00
                           plan                  the Houston Division
06/18/08   Michael Curry   Bus anal - business   Document the assumptions in a memorandum for Hawthorne Reserve              0.80    450       360.00
                           plan                  subdivision of the Orlando Division
06/18/08   Michael Curry   Bus anal - business   Document the assumptions in a memorandum for Regal Oaks                     0.90    450       405.00
                           plan                  subdivision of the Orlando Division
06/19/08   Michael Curry   Bus anal - business   Review the indirect constructing costs analysis for Austin subdivisions     0.70    450       315.00
                           plan
06/19/08   Michael Curry   Bus anal - business   Review land cost allocations for Houston subdivisions with Houston          0.60    450       270.00
                           plan                  site visit team
06/19/08   Michael Curry   Bus anal - business   Update and finalize JHC most likely column of the preliminary analysis      5.10    450     2,295.00
                           plan                  schedule for Orlando and Tampa divisions
06/19/08   Michael Curry   Bus anal - business   Review job cost testing results with Austin site visit team                 0.50    450       225.00
                           plan
06/19/08   Michael Curry   Bus anal - business   Review preliminary analysis schedule for Bennington of the Nashville        0.70    450       315.00
                           plan                  division
06/20/08   Michael Curry   Bus anal - business   Review files and schedules in preparation for Colorado site visit           1.00    450       450.00
                           plan
06/20/08   Michael Curry   Bus anal - business   Make changes to the preliminary analysis schedules completed to             2.50    450     1,125.00
                           plan                  dated
06/20/08   Michael Curry   Bus anal - business   Write Bennington subdivision assumptions memorandum                         1.00    450       450.00
                           plan



                                                                      Page 61
                 Case 08-10928-JKO                Document 2063                  Filed 10/31/2008                  Page 63 of 71
                                                          TOUSA, Inc., et al                                                            Exhibit "4"
                                                      Case No. 08-10928 (JKO)
                                   J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional    Activity                                           Description                                    Hours    Rate      Fee
06/20/08   Michael Curry   Bus anal - business   Review files and schedules in preparation of Phoenix site visit               0.90    450       405.00
                           plan
06/20/08   Michael Curry   Bus anal - business   Analyze Preliminary Analysis schedule for Brushy Creek,                       2.90    450     1,305.00
                           plan                  Independence Park, Belterra and Rogers Ranch
06/23/08   Michael Curry   Bus anal - business   Generate essebase schedules that backup the Sept to May columns               2.50    450     1,125.00
                           plan                  for the preliminary analysis schedule for Haven at York, Beacon Point,
                                                 Brushy Creek, Belterra, Independence Park and Rogers Ranch
                                                 subdivisions
06/23/08   Michael Curry   Bus anal - business   Review and update Preliminary Analysis schedule for Brushy Creek,             1.50    450       675.00
                           plan                  Independence Park, Belterra, and Rogers Ranch
06/23/08   Michael Curry   Bus anal - business   Review and Correct Preliminary Analysis schedule for Haven at York            1.80    450       810.00
                           plan                  street and Beacon Point subdivisions of the Colorado Division

06/23/08   Michael Curry   Bus anal - business   Review Haven at York indirect construction costs analysis with the            1.20    450       540.00
                           plan                  Colorado team and Division VP
06/23/08   Michael Curry   Bus anal - business   Review historical gross profit essebase schedules for Haven at York,          1.90    450       855.00
                           plan                  Beacon Point, Watercrest, Villas at DC, and Layton Lakes
06/24/08   Michael Curry   Bus anal - business   Analyze information received from the Reflection at Naples subdivision        0.90    450       405.00
                           plan
06/24/08   Michael Curry   Bus anal - business   Analyze information received from the Doral Madeira subdivision               0.80    450       360.00
                           plan
06/24/08   Michael Curry   Bus anal - business   Review status of Colorado site visit with team leader                         0.40    450       180.00
                           plan
06/24/08   Michael Curry   Bus anal - business   Review RCLCO schedules for Bennington subdivision                             1.00    450       450.00
                           plan
06/24/08   Michael Curry   Bus anal - business   Conference call with JHC, RCLO and L. Kwon to review summary of               2.10    450       945.00
                           plan                  findings
06/24/08   Michael Curry   Bus anal - business   Review and adjust preliminary analysis schedule for the Telfair,              3.50    450     1,575.00
                           plan                  Fairfield, Sienna Plantation, and Southern Trails subdivisions
06/25/08   Michael Curry   Bus anal - business   Reflections at Naples - generate and review the 9 month gross profit          1.00    450       450.00
                           plan                  on closings report, the historical gross profit schedule, the 9 month p&l
                                                 summary essebase sch. and populate preliminary analysis schedule

06/25/08   Michael Curry   Bus anal - business   Prepare and review summary schedules for the preliminary analysis             1.50    450       675.00
                           plan                  and discrepancies memos
06/25/08   Michael Curry   Bus anal - business   Generate and forward to BJ Hinson the March construction status               1.80    450       810.00
                           plan                  reports for Brushy Creek, Independence Park, Belterra, Rogers Ranch,
                                                 Telfaird, Fairfield, Sienna Plantation, Southern Trails, Hawthorne,
                                                 Wind Meadows and TB Pod subdivisions
06/25/08   Michael Curry   Bus anal - business   Doral Madeira - generate and review the 9 month Gross Profit on               1.20    450       540.00
                           plan                  Closings report, the historical gross profit report and the 9 month p&l
                                                 summary essebase report and populate preliminary analysis

06/25/08   Michael Curry   Bus anal - business   Whitfield at Oakleaf - generate and review the 9 month gross profit on        1.10    450       495.00
                           plan                  closings reports, the historical gross profit schedule and the 9 month
                                                 p&l summary essebase schedule and populate the preliminary
                                                 analysis schedule
06/25/08   Michael Curry   Bus anal - business   Estada at Monterra - Generate and review the 9 month gross profit on          1.00    450       450.00
                           plan                  closings report, the historical gross profit schedule and the 9 month p&l
                                                 summary essebase schedule and populate the preliminary analysis
                                                 schedule.
06/26/08   Michael Curry   Bus anal - business   Review lot takedown forecasts with A. Benbrook                                0.30    450       135.00
                           plan
06/26/08   Michael Curry   Bus anal - business   Review power point presentation for Benington and Wind Meadows                0.30    450       135.00
                           plan
06/26/08   Michael Curry   Bus anal - business   Generate and forward the job cost budget and job option budget                0.50    450       225.00
                           plan                  reports for the three sample jobs of TB Pod.
06/26/08   Michael Curry   Bus anal - business   Prepare and forward the job cost budget and job options budget                0.70    450       315.00
                           plan                  reports for the Wind Meadows subdivision
06/26/08   Michael Curry   Bus anal - business   Generate forward to BJ Hinson the product comparison reports for the          0.40    450       180.00
                           plan                  Wind Meadows and TB Pod subdivisions
06/26/08   Michael Curry   Bus anal - business   Analyze land contract, land development costs and land cost code              1.30    450       585.00
                           plan                  summary for the Independence subdivision
06/26/08   Michael Curry   Bus anal - business   Review and update Benington indirects analysis                                0.70    450       315.00
                           plan
06/26/08   Michael Curry   Bus anal - business   Analyze the land contract, development costs and land cost code               1.60    450       720.00
                           plan                  summary for the Regal Oaks subdivision



                                                                     Page 62
                 Case 08-10928-JKO                Document 2063                  Filed 10/31/2008               Page 64 of 71
                                                          TOUSA, Inc., et al                                                         Exhibit "4"
                                                      Case No. 08-10928 (JKO)
                                   J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional    Activity                                         Description                                   Hours    Rate      Fee
06/26/08   Michael Curry   Bus anal - business   Review memo of testing procedures for presentation                         0.20    450        90.00
                           plan
06/26/08   Michael Curry   Bus anal - business   Generate and forward the 9 month gross profit on closings report for       0.20    450            90.00
                           plan                  Wind Meadows and TB Pod
06/26/08   Michael Curry   Bus anal - business   Generate and forward Benington and Wind Meadows schedules to A.            0.30    450       135.00
                           plan                  Benbrook
06/27/08   Michael Curry   Bus anal - business   Reflection at Naples - Analyze indirect construction costs, print wip      3.50    450     1,575.00
                           plan                  cost code summary and analyze, printing and analyze the land cost
                                                 code summary and tie to trial balance
06/27/08   Michael Curry   Bus anal - business   Generate cost code summary reports for reflections at Naples and           1.00    450       450.00
                           plan                  generate updated reports foe Benington
06/27/08   Michael Curry   Bus anal - business   Review and update the caseware file for Benington                          1.00    450       450.00
                           plan
06/27/08   Michael Curry   Bus anal - business   Prepare essebase schedules for A. Benbrook for future deliveries and       1.00    450       450.00
                           plan                  total land balances
06/30/08   Michael Curry   Bus anal - business   Review land analysis discrepancies for Regal Oaks and independence         0.70    450       315.00
                           plan                  subdivisions
06/30/08   Michael Curry   Bus anal - business   Generate hsp reports for BJ Hinson including March construction            0.90    450       405.00
                           plan                  status reports
06/30/08   Michael Curry   Bus anal - business   Review caseware files for Hawthorne and Benington subdivisions             2.00    450       900.00
                           plan
06/30/08   Michael Curry   Bus anal - business   Generate and extract cost code summary reports and cost comparison         2.00    450       900.00
                           plan                  reports for Doral Madeira and Estada Monterra subdivisions

07/01/08   Michael Curry   Bus anal - business   Create and extract cost code summary reports and cost comparison           2.00    450       900.00
                           plan                  reports for Whitfield at Oak leaf and Reflection at Naples for further
                                                 analysis.
07/01/08   Michael Curry   Bus anal - business   Conference with Rollie from Orlando to discuss land development on         0.30    450       135.00
                           plan                  Regal Oaks, Independence and Sonesta Point
07/01/08   Michael Curry   Bus anal - business   Generate cost code summary of land development for Sonesta Point           0.50    450       225.00
                           plan                  and Live Oaks
07/01/08   Michael Curry   Bus anal - business   Review preliminary analysis schedules for the 25 communities with A.       2.30    450     1,035.00
                           plan                  Benbrook, BJ Hinson and M. Lipari
07/01/08   Michael Curry   Bus anal - business   Summarize list of workpapers in caseware file                              0.50    450       225.00
                           plan
07/01/08   Michael Curry   Bus anal - business   Generate and email HSP reports to BJ Hinson                                0.90    450       405.00
                           plan
07/02/08   Michael Curry   Bus anal - business   Review status of caseware files from Denver, Austin and Houston site       1.50    450       675.00
                           plan                  visits
07/02/08   Michael Curry   Bus anal - business   Get reports and schedules to BJ Hinson for analysis                        1.00    450       450.00
                           plan
07/02/08   Michael Curry   Bus anal - business   Make changes to preliminary analysis schedules                             1.00    450       450.00
                           plan
07/02/08   Michael Curry   Bus anal - business   Review package received from Las Vegas subdivision                         0.80    450       360.00
                           plan
07/03/08   Michael Curry   Bus anal - business   Generate and email Job Cost Budget Reports for TB Pod,                     3.50    450     1,575.00
                           plan                  Windmeadows, Regal Oaks, Independence, Brushy Creek, Belterra,
                                                 Independence Park, Telfair, Fairfield, Rogers Ranch, Sienna
                                                 Plantation, Southern Trails, Haven at York and Beacon Point
                                                 subdivisions
07/03/08   Michael Curry   Bus anal - business   Update procedures on the work plan document                                0.60    450       270.00
                           plan
07/14/08   Michael Curry   Bus anal - business   Generate HSP reports for A. Benbrook including land cost code              1.00    450       450.00
                           plan                  summary for Estada and job cost summary for Duck Creek
07/14/08   Michael Curry   Bus anal - business   Obtain and forward various reports to BJ Hinson                            1.00    450       450.00
                           plan
07/14/08   Michael Curry   Bus anal - business   Generate Plan proforma HSP reports.                                        0.30    450       135.00
                           plan
07/14/08   Michael Curry   Bus anal - business   Generate and forward indirect cost code summaries and gl account           1.00    450       450.00
                           plan                  detail for indirects for analysis on Sienna, Estada and Benington
                                                 communities
07/14/08   Michael Curry   Bus anal - business   Generate HSP reports of gl detail for indirect construction costs          1.70    450       765.00
                           plan                  accounts for various communities
07/14/08   Michael Curry   Bus anal - business   Prepare and forward via emails the budget to actual variance reports       2.00    450       900.00
                           plan                  to Lee Smith for Doral, Estada, Whitfield and Naples communities

07/14/08   Michael Curry   Bus anal - business   Review status of discrepancies/questions list for all 25 communities       1.30    450       585.00
                           plan


                                                                     Page 63
                 Case 08-10928-JKO                Document 2063                 Filed 10/31/2008                 Page 65 of 71
                                                           TOUSA, Inc., et al                                                        Exhibit "4"
                                                       Case No. 08-10928 (JKO)
                                    J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional    Activity                                           Description                                 Hours    Rate      Fee
07/14/08   Michael Curry   Bus anal - business   Generate and forward the job costs and options budget reports and          1.50    450       675.00
                           plan                  cost code by category reports for Whitfield at Oakleaf to BJ Hinson

07/15/08   Michael Curry   Bus anal - business   Analyze the responses to the questions/open items list for Benington       2.00    450       900.00
                           plan                  and Windmeadows
07/15/08   Michael Curry   Bus anal - business   Generate HSP reports for Jacksonville budget to actual analysis on job     0.50    450       225.00
                           plan                  237
07/15/08   Michael Curry   Bus anal - business   Generate HSP reports for A. Benbrook and BJ Hinson for various             1.00    450       450.00
                           plan                  communities
07/16/08   Michael Curry   Bus anal - business   Gather and forward all Whitfield file to A. Benbrook                       0.80    450       360.00
                           plan
07/16/08   Michael Curry   Bus anal - business   Review the Whitfield at Oakleaf Indirect analysis schedule                 0.50    450       225.00
                           plan
07/16/08   Michael Curry   Bus anal - business   Review Preliminary Analysis schedules for all the communities              2.00    450       900.00
                           plan
07/16/08   Michael Curry   Bus anal - business   Generate and forward job cost summary HSP reports for Whitfield            0.60    450       270.00
                           plan
07/16/08   Michael Curry   Bus anal - business   Generate and distribute HSP reports to A. Benbrook, BJ Hinson and C.       1.70    450       765.00
                           plan                  Sacchetto including job cost summary, Homesite inventory and cost
                                                 code summary
07/17/08   Michael Curry   Bus anal - business   Initial review of the responses on the questions/discrepancies lists       1.50    450       675.00
                           plan
07/17/08   Michael Curry   Bus anal - business   Review the IDCC analysis schedules for 14 communities                      4.80    450     2,160.00
                           plan
07/17/08   Michael Curry   Bus anal - business   Generate Homesite Inventory reports out of HSP for various                 1.00    450       450.00
                           plan                  communities
07/18/08   Michael Curry   Bus anal - business   Amend Summary Adjustments schedule                                         2.50    450     1,125.00
                           plan
07/18/08   Michael Curry   Bus anal - business   Analyze and adjust indirect cost analysis schedules for DC Ranch,          4.00    450     1,800.00
                           plan                  Layton Lake, Rogers Ranch, Southern Trails
07/21/08   Michael Curry   Bus anal - business   Make adjustments to preliminary analysis schedule for Non cash             3.50    450     1,575.00
                           plan                  interest adjustments and carry over to the summary schedule

07/22/08   Michael Curry   Bus anal - business   Generate and link into file the HSP Land development cost code             3.00    450     1,350.00
                           plan                  summary and Lot Master Reports for Sienna, York St, Independence,
                                                 Telfair, TB Pod, Layton Lakes, Southern Trails and Fairfield
                                                 communities
07/22/08   Michael Curry   Bus anal - business   Analyze land costs, review contracts and prepare schedules for the         5.90    450     2,655.00
                           plan                  Regal Oaks, Independence, Independence Park, Telfair, Sienna, York
                                                 St, TB Pod, Layton Lakes, Southern Trails and Fairfield communities

07/22/08   Michael Curry   Bus anal - business   Analyze Indirect construction costs analysis for various communities       1.20    450       540.00
                           plan
07/22/08   Michael Curry   Bus anal - business   Generate requested HSP reports.                                            0.90    450       405.00
                           plan
07/23/08   Michael Curry   Bus anal - business   Prepare/review presentation of due diligence.                              3.20    450     1,440.00
                           plan
07/23/08   Michael Curry   Bus anal - business   Review land contract for Beacon Point                                      0.90    450       405.00
                           plan
07/23/08   Michael Curry   Bus anal - business   Generate and put in files the HSP homesite inventory analysis for all      2.70    450     1,215.00
                           plan                  25 communities
07/23/08   Michael Curry   Bus anal - business   Generate and forward select GL detail reports from HSP for A.              0.70    450       315.00
                           plan                  Benbrook
07/24/08   Michael Curry   Bus anal - business   Generate and link to file HSP reports for Beacon Point, Haven at York,     2.50    450     1,125.00
                           plan                  Rogers Ranch, Brushy Creek, Independence Park and Belterra

07/24/08   Michael Curry   Bus anal - business   Review power point presentation                                            2.50    450     1,125.00
                           plan
08/05/08   Michael Curry   Litigation support    Review Tousa document request list.                                        0.90    450       405.00
08/07/08   Michael Curry   Litigation support    Generate 6/30/08 trial balances and create essbase schedules for           1.60    450       720.00
                                                 inventory balances.
08/12/08   Michael Curry   Litigation support    Meetings at debtor's facility on HSP, Essbase and Enterprise.              5.50    450     2,475.00
08/13/08   Michael Curry   Litigation support    Meetings at debtor's facility on HSP, Essbase and Enterprise.              8.40    450     3,780.00
08/14/08   Michael Curry   Litigation support    Meetings at debtor's facility on HSP, Essbase and Enterprise.              2.50    450     1,125.00
08/14/08   Michael Curry   Litigation support    Review with counsel; attend hearing.                                       4.90    450     2,205.00
08/15/08   Michael Curry   Litigation support    Review reports list schedule                                               0.30    450       135.00
08/21/08   Michael Curry   Litigation support    Conference call regarding database access.                                 0.50    450       225.00
08/21/08   Michael Curry   Litigation support    Review schedules and reports of Essbase and Enterprise.                    0.70    450       315.00


                                                                     Page 64
                 Case 08-10928-JKO                  Document 2063                  Filed 10/31/2008               Page 66 of 71
                                                             TOUSA, Inc., et al                                                         Exhibit "4"
                                                         Case No. 08-10928 (JKO)
                                      J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional     Activity                                             Description                                 Hours    Rate     Fee
           Michael Curry Total                                                                                               358.90          161,505.00
05/05/08   Michael Lipari   Bus anal - business    Meeting J. Callahan and A. Benbrook re testing procedures and               2.00    600     1,200.00
                            plan                   assembling teams for cost testing.
05/20/08   Michael Lipari   Bus anal - business    Preliminary work plan meeting with A. Benbrook, M. Curry, and J.            2.10    600     1,260.00
                            plan                   Grabowski.
05/21/08   Michael Lipari   Bus anal - business    Preliminary work plan meeting.                                              1.50    600       900.00
                            plan
06/02/08   Michael Lipari   Bus anal - business    Conference call with Mike Curry & Craig re: reports and job cost            1.00    600       600.00
                            plan                   selections.
06/03/08   Michael Lipari   Bus anal - business    Reviewed 11 Fla communities with Craig, made selections for testing.        0.50    600       300.00
                            plan
06/03/08   Michael Lipari   Bus anal - business    Reviewed reports and made selections for testing.                           2.00    600     1,200.00
                            plan
06/11/08   Michael Lipari   Bus anal - business    Review Orlando division budgets with Rolando Gonzalez, Denise               1.00    600       600.00
                            plan                   Lorenzo & Mike Curry.
06/11/08   Michael Lipari   Bus anal - business    Tie out gross profit report for Hawthorne to HSP accounting records;        1.00    600       600.00
                            plan                   analyze differences.
06/11/08   Michael Lipari   Bus anal - business    Review/analyze gross profit report for Hawthorne, link data from            4.00    600     2,400.00
                            plan                   community cash flow. Compute and analyze costs and gross profit
                                                   percentages on historical sales and budgets on a per house basis.

06/12/08   Michael Lipari    Bus anal - business   Met with Rolando, obtained various reports to assist with analysis.         1.00    600       600.00
                             plan
06/12/08   Michael Lipari    Bus anal - business   Meeting with Rolando, Denise Lorenzo and BJ Hinson to review                1.00    600       600.00
                             plan                  Orlando Division; general questions, budgeted cost savingsproposed,
                                                   approach to analyzing Regal Oaks (K63) and Independence (K71)
                                                   since there is no activity and no closings.
06/12/08   Michael Lipari    Bus anal - business   Input historical data for J09 and B29 into gross profit reports for K71     5.00    600     3,000.00
                             plan                  and K63; link in data from community cash flow. Analyze comparative
                                                   data and tie out to HSP accounting records.
06/12/08   Michael Lipari    Bus anal - business   Review gross profit and model budget reports for Regal Oaks (B29)           0.50    600       300.00
                             plan                  and Independence (J09). Both were prior phases to K63 and K71.
                                                   Made selections for testing.
06/13/08   Michael Lipari    Bus anal - business   Review work plan; review land cost allocation for Hawthorne.                2.80    600     1,680.00
                             plan
06/13/08   Michael Lipari    Bus anal - business   Obtained documentation from Rolando on land cost allocation.                2.50    600     1,500.00
                             plan                  Analyze documents; Land Agreements, AIA forms for development;
                                                   interest calculations; allocations between subdivisions.

06/13/08   Michael Lipari    Bus anal - business   Review cost savings/overages on Hawthorne with BJ Hinson,                   0.20    600       120.00
                             plan                  Rolando, and Denise Lorenzo.
06/16/08   Michael Lipari    Bus anal - business   Review results of testing for Orlando, Nashville, and Tampa with ALB,       1.00    600       600.00
                             plan                  JG and WMC. Started work on Preliminary Analysis report.
06/17/08   Michael Lipari    Bus anal - business   Worked on Preliminary analysis report for Orlando: Hawthorne,               4.80    600     2,880.00
                             plan                  Independence and regal Oaks.
06/18/08   Michael Lipari    Bus anal - business   Review Preliminary Analysis report with ALB, WMC, & JG.                     0.50    600       300.00
                             plan
06/20/08   Michael Lipari    Bus anal - business   Preliminary analysis report, input cash flow column and analyzed            3.00    600     1,800.00
                             plan                  differences in P&L, explained differences for Hawthorne, Regal Oaks,
                                                   Sonesta and Independence.
07/01/08   Michael Lipari    Bus anal - business   Review status of open items with ALB, WMC and BJ Hinson;                    2.00    600     1,200.00
                             plan                  conference call with Rollie Gonzalez and Denise Lorenzo re: questions
                                                   and open items on Orlando Division.
07/03/08   Michael Lipari    Bus anal - business   Reviewed land purchase and option agreement for Sonesta Point               0.50    600       300.00
                             plan                  (Orlando). Analyzed reports and backup to verify land value.

07/07/08   Michael Lipari    Bus anal - business   Sonesta Point; review land option, construction and purchase                1.50    600       900.00
                             plan                  agreements; tied out capitalization amounts to business plan; reviewed
                                                   with ALB.
07/07/08   Michael Lipari    Bus anal - business   Sonesta Point; analysis of general ledger detail for land accounts;         0.50    600       300.00
                             plan                  discussed with ALB.
           Michael Lipari Total                                                                                               41.90           25,140.00
07/02/08   Pablo Barry       Litigation support    Analyze the solvency of Tousa by reviewing bond and stock pricing.          4.10    325     1,332.50

07/03/08   Pablo Barry       Litigation support    Review/analyze historical information by reviewing SEC 8K filings and       3.50    325     1,137.50
                                                   preparing a timeline.
07/07/08   Pablo Barry       Litigation support    Review/analyze historical information by reviewing SEC 8K filings and       7.50    325     2,437.50
                                                   preparing a timeline.


                                                                       Page 65
                 Case 08-10928-JKO                   Document 2063                   Filed 10/31/2008                Page 67 of 71
                                                             TOUSA, Inc., et al                                                             Exhibit "4"
                                                         Case No. 08-10928 (JKO)
                                      J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional      Activity                                              Description                                   Hours    Rate      Fee
07/08/08   Pablo Barry       Litigation support     Review/analyze historical information by reviewing SEC 8K filings and          1.80    325       585.00
                                                    preparing a timeline.
07/25/08   Pablo Barry       Litigation support     Document review/index: Review statement of assets and liabilities              4.10    325     1,332.50
                                                    submitted for Tousa's bankrupt entities. Perform a thorough analysis
                                                    on the legal entity structure and an obtain an understanding of the
                                                    rollup of the company's net assets.
07/28/08   Pablo Barry       Litigation support     Document review/index: Review statement of assets and liabilities              6.80    325     2,210.00
                                                    submitted for Tousa's bankrupt entities. Perform a thorough analysis
                                                    on the legal entity structure and an obtain an understanding of the
                                                    rollup of the company's net assets.
07/29/08   Pablo Barry       Litigation support     Document review/index: Review statement of assets and liabilities              5.30    325     1,722.50
                                                    submitted for Tousa's bankrupt entities. Perform a thorough analysis
                                                    on the legal entity structure and an obtain an understanding of the
                                                    rollup of the company's net assets.
07/31/08   Pablo Barry       Litigation support     Document review/index: Summarize/review intercompany loan                      2.10    325       682.50
                                                    agreements.
08/01/08   Pablo Barry       Litigation support     Review trial balance provided by Debtor and understand the rollup of           6.50    325     2,112.50
                                                    the net-assets.
08/04/08   Pablo Barry       Litigation support     Review the trial balance supplied by debtor and reconcile it to various        0.70    325       227.50
                                                    other schedules.
08/06/08   Pablo Barry       Litigation support     Review/analyze historical trial balance prepared by Tousa and                  0.80    325       260.00
                                                    compare it to a company organizational chart.
08/08/08   Pablo Barry       Litigation support     Perform an analysis on the legal entities owned by TOUSA in advance            7.50    325     2,437.50
                                                    of the August 18th meeting with the creditors.
08/09/08   Pablo Barry       Litigation support     Perform an analysis on the legal entities owned by TOUSA in advance            4.30    325     1,397.50
                                                    of the August 18th meeting with the creditors.
08/14/08   Pablo Barry       Litigation support     Perform an analysis on the legal entities owned by TOUSA                       0.50    325       162.50
08/15/08   Pablo Barry       Litigation support     In advance of the meeting with the Debtor on August 21st, prepared a           1.00    325       325.00
                                                    list of questions regarding the trial balance furnished by Debtor

08/18/08   Pablo Barry       Litigation support     Perform a detail review of the trial balance as of 7/31/2008 and               4.20    325     1,365.00
                                                    compare the trial to the organizational chart prepared by counsel.

08/18/08   Pablo Barry       Litigation support     Review the SEC filings prior to and subsequent to the TE settlement in         2.10    325       682.50
                                                    order to assess the companies net assets.
08/18/08   Pablo Barry       Litigation support     Prepare a list of questions for Thursday meeting relating to                   1.40    325       455.00
                                                    intercompany.
08/19/08   Pablo Barry       Litigation support     Perform a detail review of the trial balance as of 7/31/2008 and               3.10    325     1,007.50
                                                    compare the trial to the organizational chart prepared by counsel.

08/19/08   Pablo Barry       Meeting of creditors   Meeting with Committee.                                                        1.50    325       487.50
08/20/08   Pablo Barry       Litigation support     In advance of our Thursday August 21st meeting, prepared a list of             3.30    325     1,072.50
                                                    questions for Thursday meeting relating to intercompany by reviewing
                                                    SEC filings and intercompany presentation prepared by the Debtor

08/21/08   Pablo Barry       Meeting of creditors   Meeting with the Debtor , and Committee Reps/Financial Advisors at             3.50    325     1,137.50
                                                    Kirkland & Ellis
           Pablo Barry Total                                                                                                      75.60           24,570.00
06/16/08   Phil Mandel       Bus anal - business    Telephone conference with B. Katz & P. Mandel re: NAV and liquidity.           0.80    600       480.00
                             plan
06/17/08   Phil Mandel       Litigation support     Assist counsel in drafting document regarding liquidity and net asset          1.50    600       900.00
                                                    value tests to be utilized for recipients of paydown of debt and potential
                                                    disgorgement in the future.
06/17/08   Phil Mandel       Litigation support     Discussion with J. Levy regarding memo to attorney                             0.40    600       240.00
           Phil Mandel Total                                                                                                       2.70            1,620.00
05/12/08   Roe Martoken      Case administration    Email to counsel re: administrative fee order                                  0.10    250        25.00

05/12/08   Roe Martoken      Fee/employ             Receipt and review of correspondence/documents - order establishing            0.20    250            50.00
                             applications           procedures for interim compensation.
05/12/08   Roe Martoken      Fee/employ             Email to RCLCO re: administrative fee order.                                   0.20    250            50.00
                             applications
05/15/08   Roe Martoken      Case administration    Provide comments and interpretation of administrative fee order to             0.50    250       125.00
                                                    RCLCO.
05/16/08   Roe Martoken      Case administration    Review email requesting fee estimate; prepare same.                            0.50    250       125.00

05/16/08   Roe Martoken      Fee/employ             Email to RCLCO re: fee estimate.                                               0.10    250            25.00
                             applications



                                                                         Page 66
                Case 08-10928-JKO                 Document 2063                     Filed 10/31/2008            Page 68 of 71
                                                          TOUSA, Inc., et al                                                          Exhibit "4"
                                                      Case No. 08-10928 (JKO)
                                   J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional   Activity                                           Description                                   Hours    Rate      Fee
05/17/08   Roe Martoken   Fee/employ            Prepare fee statement thru 4/30                                              3.20    250       800.00
                          applications
05/17/08   Roe Martoken   Fee/employ            Receipt and review of correspondence/documents - objection to JHC            0.20    250            50.00
                          objections            retention filed by Citicorp.
05/20/08   Roe Martoken   Case administration   Attention to emails from RCLCO.                                              0.20    250            50.00

05/22/08   Roe Martoken   Fee/employ            Receipt and review of correspondence/documents - review of pertinent         0.20    250            50.00
                          objections            provisions of Committee response to objection to JHC retention as it
                                                relates to JHC monthly fee statement.
05/22/08   Roe Martoken   Fee/employ            Docket review for committee response.                                        0.20    250            50.00
                          objections
05/28/08   Roe Martoken   Fee/employ            Emails to/from RCLCO regarding monthly interim billing procedures.           0.20    250            50.00
                          applications
05/28/08   Roe Martoken   Fee/employ            Receipt and review of correspondence/documents - signed retention            0.20    250            50.00
                          applications          order.
05/29/08   Roe Martoken   Fee/employ            Telephone conference with RCLCO re: billing procedures.                      0.20    250            50.00
                          applications
06/04/08   Roe Martoken   Fee/employ            Prepare/review billing for May.                                              2.00    250       500.00
                          applications
06/05/08   Roe Martoken   Bus anal - cash       Emails and phone calls to/from KC and BAK re: cash collateral order.         0.50    250       125.00
                          collateral
06/05/08   Roe Martoken   Fee/employ            Review of RCLCO's monthly billing format.                                    0.30    250            75.00
                          applications
06/05/08   Roe Martoken   Fee/employ            Attention to monthly billing for May.                                        0.20    250            50.00
                          applications
06/05/08   Roe Martoken   Fee/employ            Work on coding of monthly time detail                                        1.00    250       250.00
                          applications
06/06/08   Roe Martoken   Fee/employ            Billing - attention to April fee statement                                   3.50    250       875.00
                          applications
06/09/08   Roe Martoken   Fee/employ            Office conference with KC re: interim billing.                               0.20    250            50.00
                          applications
06/12/08   Roe Martoken   Fee/employ            Prepare monthly fee statement for April. Categorize entries by UST           1.00    250       250.00
                          applications          category.
06/12/08   Roe Martoken   Fee/employ            Telephone conference with RCLCO re: monthly billing.                         0.20    250            50.00
                          applications
06/13/08   Roe Martoken   Fee/employ            Phone call with RCLCO re: monthly fee statement (.1). Forward                0.30    250            75.00
                          applications          RCLCO statement to counsel for review (.1)Email regarding same (.1)

06/13/08   Roe Martoken   Fee/employ            Prepare fee statement in pdf format and forward to counsel for review.       0.40    250       100.00
                          applications
06/16/08   Roe Martoken   Fee/employ            Assist RCLCO with its monthly billing.                                       1.10    250       275.00
                          applications
06/16/08   Roe Martoken   Fee/employ            Prepare monthly billing for April                                            1.50    250       375.00
                          applications
06/25/08   Roe Martoken   Fee/employ            Prepare/review May fee statement.                                            1.90    250       475.00
                          applications
06/26/08   Roe Martoken   Fee/employ            Prepare/review fee application - JHC draft application. Forward to           2.50    250       625.00
                          applications          counsel for review/comments.
06/26/08   Roe Martoken   Fee/employ            Prepare/review fee application - assist RCLCO in preparation of fee          1.20    250       300.00
                          applications          application.
06/26/08   Roe Martoken   Fee/employ            Finalize billing for May and forward to counsel for review.                  0.50    250       125.00
                          applications
06/27/08   Roe Martoken   Fee/employ            Prepare/review fee application - first interim application for fees and      1.80    250       450.00
                          applications          expenses. Finalize, pursuant to comments of counsel, pdf and email
                                                to counsel.; correspondence regarding same.
06/30/08   Roe Martoken   Fee/employ            Prepare/review fee application - additional changes to fee application       0.80    250       200.00
                          applications          pursuant to review and phone call w/counsel
06/30/08   Roe Martoken   Fee/employ            Finalize May fee statement and distribute to parties.                        0.30    250            75.00
                          applications
06/30/08   Roe Martoken   Fee/employ            Email to counsel regarding May fee statement.                                0.10    250            25.00
                          applications
07/03/08   Roe Martoken   Fee/employ            Prepare/review fee application - attention to emails to/from counsel re:     0.50    250       125.00
                          applications          changes requested by local counsel.
07/08/08   Roe Martoken   Fee/employ            Initial preparation of fee statement for June.                               4.10    250     1,025.00
                          applications
07/08/08   Roe Martoken   Fee/employ            Docket review re: status of fee hearing and Notice. Emails with KC           0.30    250            75.00
                          applications          regarding same.



                                                                     Page 67
                  Case 08-10928-JKO                 Document 2063                  Filed 10/31/2008                Page 69 of 71
                                                             TOUSA, Inc., et al                                                        Exhibit "4"
                                                         Case No. 08-10928 (JKO)
                                      J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional      Activity                                          Description                                  Hours    Rate      Fee
07/08/08   Roe Martoken      Fee/employ            Continue working on June fee statement.                                    2.10    250       525.00
                             applications
07/10/08   Roe Martoken      Fee/employ            Office conference with KC re: hearing on fee application.                  0.10    250            25.00
                             applications
07/10/08   Roe Martoken      Fee/employ            Prepare/review monthly fee statement.                                      0.80    250       200.00
                             applications
07/17/08   Roe Martoken      Fee/employ            Attention to monthly fee statement.                                        3.50    250       875.00
                             applications
07/18/08   Roe Martoken      Fee/employ            Emails and phone calls re monthly fee statement.                           0.60    250       150.00
                             applications
08/04/08   Roe Martoken      Fee/employ            Begin preparation of July monthly bill.                                    2.30    250       575.00
                             applications
08/15/08   Roe Martoken      Fee/employ            Prepare July fee statement.                                                4.20    250     1,050.00
                             applications
08/15/08   Roe Martoken      Fee/employ            Review proposed form of Order in connection with JHC first fee             0.30    250            75.00
                             applications          application; discuss with KC and provide comments. Review of
                                                   various emails between KC and counsel regarding same.
08/18/08   Roe Martoken     Fee/employ             Receipt and review of correspondence/documents - proposed order            0.20    250            50.00
                            applications           awarding fees to JHC - first fee application.
08/18/08   Roe Martoken     Fee/employ             Prepare monthly fee statement for July - review statement detail for       1.20    250       300.00
                            applications           confidentiality issues.
08/19/08   Roe Martoken     Fee/employ             Finalize July fee statement, pursuant to comments received from            2.10    250       525.00
                            applications           counsel.
08/19/08   Roe Martoken     Fee/employ             Prepare fee estimate for August and letter to debtor regarding same.       1.00    250       250.00
                            applications
           Rosellen Martoken Total                                                                                           50.80           12,700.00
07/02/08   S. Salantrie     Litigation support     Gathered and reviewed historical 8Ks from November 2006 to present.        7.50    250     1,875.00

07/03/08   S. Salantrie      Litigation support    Review/analyze numerous historical SEC documents.                          6.50    250     1,625.00
07/07/08   S. Salantrie      Litigation support    Analysis of historical SEC documents.                                      8.80    250     2,200.00
07/08/08   S. Salantrie      Litigation support    Analysis of historical SEC documents.                                      8.10    250     2,025.00
07/09/08   S. Salantrie      Litigation support    Consolidated historical information pertaining to shareholder's equity     4.10    250     1,025.00

07/10/08   S. Salantrie      Litigation support    Consolidated statements of shareholder's equity from 2001 to 2007          2.00    250       500.00

07/11/08   S. Salantrie      Bus anal - business   Gathered, reviewed, and analyzed discrepancies from both the cost          7.00    250     1,750.00
                             plan                  and revenue side of the company's communities
07/15/08   S. Salantrie      Bus anal - business   Further reviewed the communities and the discrepancies on each of          3.00    250       750.00
                             plan                  the revenue and costs side.
07/15/08   S. Salantrie      Litigation support    Gathered and organized all 8K reports.                                     1.90    250       475.00
07/16/08   S. Salantrie      Litigation support    Reconciled proceeds from notes offering to specific events from 2001       8.80    250     2,200.00
                                                   until present
07/17/08   S. Salantrie      Bus anal - business   Gathered incoming responses from Tousa for Texas and Arizona               5.20    250     1,300.00
                             plan                  communities and updated the control files to display current status.

07/17/08   S. Salantrie      Litigation support    Reviewed/investigated use of net proceeds from notes offering.             4.50    250     1,125.00
07/18/08   S. Salantrie      Litigation support    Reviewed/investigated use of net proceeds from notes offering.             4.10    250     1,025.00
07/18/08   S. Salantrie      Litigation support    Reviewed responses from Tousa and organized into our indexing              1.50    250       375.00
                                                   system.
07/18/08   S. Salantrie      Litigation support    Investigated expenses in the warehouse lines of credit and use of          3.50    250       875.00
                                                   proceeds from notes offerings.
07/21/08   S. Salantrie      Bus anal - business   Discussed and began to prepare reports for revenue and cost side           4.00    250     1,000.00
                             plan                  projections of communities
07/21/08   S. Salantrie      Litigation support    Reviewed and updated control file for questions and responses              0.80    250       200.00
07/21/08   S. Salantrie      Litigation support    Reviewed and make changes to notes offerings analysis file                 1.20    250       300.00
07/21/08   S. Salantrie      Litigation support    Reviewed intercompany loans and promissory notes for 2003 up until         3.50    250       875.00
                                                   2007 and attempted to reconcile the numbers to the 10-K filing.

07/22/08   S. Salantrie      Bus anal - business   Gathered, reviewed, edited and began to reformat preliminary               6.10    250     1,525.00
                             plan                  analyses for the first 10 communities
07/22/08   S. Salantrie      Bus anal - business   Created and began to populate the powerpoint slides for Tousa              3.00    250       750.00
                             plan                  presentation
07/22/08   S. Salantrie      Bus anal - business   Analyzed and reconciled cash flow statements with documentation at         2.20    250       550.00
                             plan                  hand
07/22/08   S. Salantrie      Bus anal - business   Continued to edit preliminary analyses for the next few communities        2.30    250       575.00
                             plan
07/23/08   S. Salantrie      Bus anal - business   Continued reviewing the preliminary analyses and made further edits        6.80    250     1,700.00
                             plan                  in order to make them uniform


                                                                        Page 68
                  Case 08-10928-JKO                  Document 2063                  Filed 10/31/2008                  Page 70 of 71
                                                             TOUSA, Inc., et al                                                           Exhibit "4"
                                                         Case No. 08-10928 (JKO)
                                      J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional      Activity                                          Description                                     Hours    Rate      Fee
07/23/08   S. Salantrie      Bus anal - business   Update powerpoint presentation with preliminary analyses.                     1.00    250       250.00
                             plan
07/24/08   S. Salantrie      Bus anal - business   Update powerpoint presentation.                                               6.80    250     1,700.00
                             plan
07/24/08   S. Salantrie      Bus anal - business   Inserted all external data into presentation and made necessary               2.00    250       500.00
                             plan                  changes in order for a proper viewing
07/25/08   S. Salantrie      Bus anal - business   Updated powerpoint presentation with new information.                         1.20    250       300.00
                             plan
07/29/08   S. Salantrie      Bus anal - business   Reviewed summaries of amended schedules and audited spreadsheet               4.00    250     1,000.00
                             plan                  model
07/30/08   S. Salantrie      Bus anal - business   Reviewed financial model for reporting and legal structure to make            2.70    250       675.00
                             plan                  sure all net asset values match up for subsidiaries
07/30/08   S. Salantrie      Litigation support    Reviewed and organized all intercompany loans and promissory note             0.90    250       225.00
                                                   documents
08/08/08   S. Salantrie      Litigation support    Reviewed Tousa intercompany analysis spreadsheets for accuracy.               2.90    250       725.00

08/11/08   S. Salantrie      Litigation support    Reviewed numerous financial projections from online database and              4.10    250     1,025.00
                                                   chose relevant ones to include in a summary report
08/13/08   S. Salantrie      Litigation support    Reviewed newly released 10-K statement and proceeded to update                4.80    250     1,200.00
                                                   our internal database files, specifically the balance sheet, income
                                                   statement, CF statement, stockholder's equity, borrowings, and
                                                   impairments.
08/13/08   S. Salantrie      Litigation support    Reviewed selected projection sheets and created new analysis file             3.20    250       800.00
                                                   comparing the various models.
08/14/08   S. Salantrie      Litigation support    Prepared updates to projections analysis spreadsheet                          2.20    250       550.00
08/14/08   S. Salantrie      Litigation support    Reviewed and updated independent financial projections sheets for             1.60    250       400.00
                                                   Lazard and several other firms of interest.
08/14/08   S. Salantrie      Litigation support    Reviewed Tousa's legal structure re: ownership of non-debtors;                4.40    250     1,100.00
                                                   prepared spreadsheet on findings.
08/15/08   S. Salantrie      Litigation support    Reviewed and updated non-debtors analysis.                                    2.90    250       725.00
08/15/08   S. Salantrie      Litigation support    Reviewed and analyzed relationships between debtor and non-debtor             5.10    250     1,275.00
                                                   entities and updated spreadsheet analysis regarding same.

08/26/08   S. Salantrie      Litigation support    Assisted in preparation of documentation for meeting with RCLCO               2.80    250       700.00

08/26/08   S. Salantrie      Litigation support    Reviewed several thousand Alix Partners documents for appraisal               5.90    250     1,475.00
                                                   material relating to Tousa valuation.
           Stephen Salantrie Total                                                                                             164.90           41,225.00
06/06/08   Susan Ciano       Bus anal - business   Job cost detail for job numbers 2106,2602,2005 andv1204                       2.00    250       500.00
                             plan
06/10/08   Susan Ciano       Bus anal - business   Orlando Job Cost detail testing setup sign out files                          4.20    250     1,050.00
                             plan
06/11/08   Susan Ciano       Bus anal - business   Job Cost testing                                                             11.00    250     2,750.00
                             plan
06/12/08   Susan Ciano       Bus anal - business   Indirect analysis all communities Orlando/ job site visit/ job site memo     11.00    250     2,750.00
                             plan
06/13/08   Susan Ciano       Bus anal - business   Job cost testing wrap up/ Vendor agreement testing                            6.00    250     1,500.00
                             plan
06/16/08   Susan Ciano       Bus anal - business   Budget to actual setup for Austin Files                                       5.50    250     1,375.00
                             plan
06/17/08   Susan Ciano       Bus anal - business   Job cost testing bolters                                                      9.00    250     2,250.00
                             plan
06/18/08   Susan Ciano       Bus anal - business   Job cost testing bolters and Rogers ranch                                    12.50    250     3,125.00
                             plan
06/19/08   Susan Ciano       Bus anal - business   Preliminary analysis, job site visit, wrap up job cost testing for Austin    10.00    250     2,500.00
                             plan
06/20/08   Susan Ciano       Bus anal - business   Historical gross analysis linking, job site memo, prelim analysis             5.00    250     1,250.00
                             plan                  corrections
06/23/08   Susan Ciano       Bus anal - business   Preliminary Analysis, job cost testing haven, and historical gross profit     7.50    250     1,875.00
                             plan                  analysis
06/23/08   Susan Ciano       Bus anal - business   Preliminary Analysis, job cost testing haven, and historical gross profit     2.00    250       500.00
                             plan                  analysis
06/24/08   Susan Ciano       Bus anal - business   Haven and Beacon point job cost testing, job site visit, clearing open        7.50    250     1,875.00
                             plan                  items for job cost testing
06/26/08   Susan Ciano       Bus anal - business   Job site memo Denver, Cleaning up Jacksonville file and open items            7.50    250     1,875.00
                             plan                  list
06/27/08   Susan Ciano       Bus anal - business   Denver Clean up caseware files link all documents, vendor                     4.80    250     1,200.00
                             plan                  agreements and all procedures documented


                                                                        Page 69
                 Case 08-10928-JKO                  Document 2063                  Filed 10/31/2008            Page 71 of 71
                                                            TOUSA, Inc., et al                                                   Exhibit "4"
                                                        Case No. 08-10928 (JKO)
                                     J.H. Cohn LLP Time Detail the May 1, 2008 through August 31, 2008
Date       Professional     Activity                                         Description                             Hours     Rate       Fee
06/30/08   Susan Ciano      Bus anal - business   Caseware file cleanup Jacksonville, Denver and Austin                1.50     250        375.00
                            plan
07/02/08   Susan Ciano      Bus anal - business   Jacksonville open items list for job cost testing                    5.50     250      1,375.00
                            plan
07/03/08   Susan Ciano      Bus anal - business   File documentation Orlando, Texas and Denver                         2.80     250        700.00
                            plan
07/07/08   Susan Ciano      Bus anal - business   Preparing indirects analysis                                         1.20     250        300.00
                            plan
07/08/08   Susan Ciano      Bus anal - business   Documenting workpapers into Denver, Austin and Orlando files         2.00     250        500.00
                            plan
07/09/08   Susan Ciano      Bus anal - business   Documenting folders for indirect cost allocations                    2.00     250        500.00
                            plan
07/11/08   Susan Ciano      Bus anal - business   Indirect cost analysis for south west Florida Jacksonville           2.00     250        500.00
                            plan
07/14/08   Susan Ciano      Bus anal - business   Indirects for southwest Florida and Nashville                        2.00     250        500.00
                            plan
07/15/08   Susan Ciano      Bus anal - business   Indirects analysis for all communities                               3.00     250        750.00
                            plan
07/21/08   Susan Ciano      Bus anal - business   Indirects analysis for all communities                               2.00     250        500.00
                            plan
           Susan Ciano Total                                                                                         129.50              32,375.00
           Grand Total                                                                                              4,338.90          1,916,370.50




                                                                       Page 70

								
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