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SECURITIES AND EXCHANGE COMMISSION v. REX VENTURES GROUP, LLC, 3:12 cv 519. (2016)

Court: District Court, W.D. North Carolina Number: infdco20160303a33 Visitors: 9
Filed: Mar. 02, 2016
Latest Update: Mar. 02, 2016
Summary: ORDER GRAHAM C. MULLEN , District Judge . Upon consideration of the Application for Fees and Expenses by the Receiver and His Advisors for the Fourth Quarter of 2015, filed February 15, 2016 (the "Application"), and for good cause shown, IT IS ORDERED, ADJUDGED AND DECREED that: 1. The Receiver's Application is GRANTED. 2. The Receiver and McGuireWoods LLP SHALL BE AWARDED an allowance of $287,702.32 (of which $57,540.46 will be held back pending further petition to and approval by
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ORDER

Upon consideration of the Application for Fees and Expenses by the Receiver and His Advisors for the Fourth Quarter of 2015, filed February 15, 2016 (the "Application"), and for good cause shown, IT IS ORDERED, ADJUDGED AND DECREED that:

1. The Receiver's Application is GRANTED.

2. The Receiver and McGuireWoods LLP SHALL BE AWARDED an allowance of $287,702.32 (of which $57,540.46 will be held back pending further petition to and approval by the Court) for legal services rendered during the Compensation Period set forth in the Application, and $65,226.79 for the reimbursement of expenses incurred during the same period.

3. FTI Consulting, Inc. SHALL BE AWARDED an allowance of $121,514.00 (of which $24,302.80 will be held back pending further petition to and approval by the Court) for services rendered during the Compensation Period.

4. The Receivership Estate IS HEREBY AUTHORIZED to immediately pay such amounts and reimburse McGuireWoods LLP and FTI Consulting, Inc. for approved expenses.

Source:  Leagle

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