Filed: Nov. 03, 2014
Latest Update: Nov. 03, 2014
Summary: THE SEC'S MOTION FOR AN ORDER APPROVING PAYMENT OF THE FIFTH INVOICE OF COURT-APPOINTED ACCOUNTING FIRM McGLADREY LLP THOMAS W. THRASH, Jr., District Judge. Pursuant to the Court's appointment of accounting firm McGladrey LLP to conduct an accounting of the assets of defendants Edwin Fujinaga and MRI International, Inc. and relief defendant CSA Service Center, LLC (collectively, the "defendants"), the SEC hereby moves for an order approving payment of the fifth invoice, dated September 23, 201
Summary: THE SEC'S MOTION FOR AN ORDER APPROVING PAYMENT OF THE FIFTH INVOICE OF COURT-APPOINTED ACCOUNTING FIRM McGLADREY LLP THOMAS W. THRASH, Jr., District Judge. Pursuant to the Court's appointment of accounting firm McGladrey LLP to conduct an accounting of the assets of defendants Edwin Fujinaga and MRI International, Inc. and relief defendant CSA Service Center, LLC (collectively, the "defendants"), the SEC hereby moves for an order approving payment of the fifth invoice, dated September 23, 2014..
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THE SEC'S MOTION FOR AN ORDER APPROVING PAYMENT OF THE FIFTH INVOICE OF COURT-APPOINTED ACCOUNTING FIRM McGLADREY LLP
THOMAS W. THRASH, Jr., District Judge.
Pursuant to the Court's appointment of accounting firm McGladrey LLP to conduct an accounting of the assets of defendants Edwin Fujinaga and MRI International, Inc. and relief defendant CSA Service Center, LLC (collectively, the "defendants"), the SEC hereby moves for an order approving payment of the fifth invoice, dated September 23, 2014, of McGladrey. The amount of fees billed in this invoice is $36,312.50 for 112.3 hours of work. As part of this motion, the SEC attaches the invoice and a proposed form of order.
Counsel for the SEC has reviewed the supporting invoice detail and finds it in order and the amount billed reasonable in light of the work done. Defense counsel was also provided with the invoice detail. If requested, the SEC can send a copy of the invoice detail to the Court by letter.
The SEC requests that the billed amount be paid from the Registry Account of the Court — in particular, from the cash deposited by the parties into the Registry Account on July 14, 2014 ($299,989.89) and July 21, 2014 ($1,081,977.16), pursuant to the Court's order dated July 3, 2014 (ECF No. 107).
For the reasons stated, the SEC moves that the Court approve the invoice submitted by McGladrey LLP and direct the payment of $36,312.50 to that firm.
ORDER APPROVING PAYMENT OF THE FIFTH INVOICE OF COURT-APPOINTED ACCOUNTING FIRM McGLADREY LLP
This cause comes before the Court on the motion of plaintiff Securities and Exchange Commission for an order approving payment of the fifth invoice, dated September 23, 2014, of Court-appointed accounting firm McGladrey LLP. The Court has read the SEC's motion and reviewed the invoice.
Accordingly, the Court being fully advised in the premises, it is hereby
1. ORDERED that the fifth invoice of McGladrey LLP is approved and that McGladrey shall be paid $36,312.50 for 112.3 hours of work.
2. ORDERED that the Clerk of the Court shall issue a check in the amount of $36,312.50, payable to McGladrey LLP, from the Registry Account of the Court — in particular, from the cash deposited by the parties into the Registry Account on July 14, 2014 and July 21, 2014 pursuant to the order of the Court dated July 3, 2014 (ECF No. 107).
SO ORDERED.
