Filed: Mar. 08, 2019
Latest Update: Mar. 08, 2019
Summary: ORDER JAMES D. WHITTEMORE , District Judge . BEFORE THE COURT is the Receiver's Application for Compensation from February 1, 2019 to March 6, 2019. (Dkt. 273). Based on a review of the time records and related documentation submitted by the Receiver, including the Receiver's Eighteenth Report dated March 6, 2019, (Dkt. 272), the Court finds that the amount requested by the Receiver reflects reasonable compensation for services rendered. See SEC v. W.L. Moody & Co. Bankers (Unincorporat
Summary: ORDER JAMES D. WHITTEMORE , District Judge . BEFORE THE COURT is the Receiver's Application for Compensation from February 1, 2019 to March 6, 2019. (Dkt. 273). Based on a review of the time records and related documentation submitted by the Receiver, including the Receiver's Eighteenth Report dated March 6, 2019, (Dkt. 272), the Court finds that the amount requested by the Receiver reflects reasonable compensation for services rendered. See SEC v. W.L. Moody & Co. Bankers (Unincorporate..
More
ORDER
JAMES D. WHITTEMORE, District Judge.
BEFORE THE COURT is the Receiver's Application for Compensation from February 1, 2019 to March 6, 2019. (Dkt. 273).
Based on a review of the time records and related documentation submitted by the Receiver, including the Receiver's Eighteenth Report dated March 6, 2019, (Dkt. 272), the Court finds that the amount requested by the Receiver reflects reasonable compensation for services rendered. See SEC v. W.L. Moody & Co. Bankers (Unincorporated), 374 F.Supp. 465, 480 (S.D. Tex. 1974), aff'd sub nom. SEC v. W. L. Moody & Co., 519 F.2d 1087 (5th Cir. 1975) ("a reasonable fee is based on all circumstances surrounding the receivership").1
Accordingly, the Receiver's Application for Compensation from February 1, 2019 to March 6, 2019 (Dkt. 273) is GRANTED and APPROVED.
The Receiver, Steven S. Oscher, is awarded $622.50 as compensation for services rendered, said sum to be payable in accordance with the terms of the Order on Centennial Bank's Verified Motion for Appointment of Receiver to Maintain and Safeguard Assets (Dkt. 117).
