ORDER (1) APPROVING AND AUTHORIZING PAYMENT OF RECEIVER'S AND PROFESSIONALS' FEES AND EXPENSES FROM INCEPTION OF RECEIVERSHIP THROUGH MARCH 31, 2011; (2) APPROVING STIPULATION AND SETTLEMENT WITH PIVOTAL PAYMENTS, INC. AND CD LIQUIDATION TRUST; AND (3) GRANTING RELIEF FROM LOCAL RULE 66-5 PERTAINING TO NOTICE TO CREDITORS

ROGER L. HUNT, District Judge.

The matter of the Notice of Motion and Motion for Order (1) Approving and Authorizing Payment of Receiver's and Professionals' Fees and Expenses from Inception of Receivership Through March 31, 2011; (2) Approving Stipulation and Settlement with Pivotal Payments, Inc. and CD Liquidation Trust; and (3) Granting Relief from Local Rule 66-5 Pertaining to Notice to Creditors ("First Fee Motion") filed by Robb Evans of Robb Evans & Associates LLC ("Receiver"), the Receiver pursuant to the Court's Preliminary Injunction Order issued February 10, 2011, came on regularly before the Court, the Honorable Roger L. Hunt, Chief United States District Judge presiding. The Court having reviewed and considered the Motion and all pleadings and papers filed in support thereof, and responses or opposition, if any, to the Motion, and good cause appearing therefor,

IT IS ORDERED that:

1. The Motion and all relief sought therein is granted in its entirety; and

2. Without limiting the generality of the foregoing:

A. The receivership fees and expenses incurred for the period from the inception of the receivership through March 31, 2011 ("Expense Period"), including the fees of the Receiver, the Receiver's deputies, agents, staff and professionals, and Receiver's and legal costs incurred during the Expense Period in the total sum of $509,620.20, including the fees of the Receiver, his deputies, agents and staff and the Receiver's expenses, and the Receiver's legal fees and expenses, including fees and expenses incurred to the Receiver's lead counsel McKenna Long & Aldridge LLP, fees and expenses of the Receiver's local counsel in Nevada, Kolesar & Leatham, Chtd., and fees and expenses of the Receiver's special litigation counsel, Law Offices of Hatch, James & Dodge, A Professional Corporation, as more fully set forth in the First Fee Motion and pleadings and papers filed in support thereof, are hereby approved and authorized to be paid by the Receiver from receivership funds;

B. The Stipulation and Settlement by the Receiver with Pivotal Payments, Inc. and CD Liquidation Trust, attached as Exhibit 4 to the Declaration of Gary Owen Caris in support of the First Fee Motion, is hereby approved; and

C. Notice of the First Fee Motion is deemed sufficient under Local Civil Rule 66-5 based on the service of the notice of the filing of the First Fee Motion and the First Fee Motion on all parties and service of the notice of the filing of the First Fee Motion on all known non-consumer creditors of the estate.