ORDER GRANTING TEMPORARY RECEIVER'S MOTION FOR FEES AND EXPENSES FROM JULY 1, 2019, THROUGH AUGUST 31, 2019

GREG KAYS, District Judge.

Now before the Court is the Fifth Application by Eric Johnson, Receiver/Trustee, for Allowance of Compensation for Services Rendered and Reimbursement of Actual and Necessary Expenses for the Period July 1, 2019, through August, 31, 2019 (Doc. 320), as amended by the Receiver's Supplemental Suggestions in Support of the Third, Fourth, and Fifth Applications for Allowance of Compensation for Services Rendered and Reimbursement of Actual and Necessary Expenses (Doc. 324). As amended,1 the Fifth Application requests authorization to pay professional fees and reimburse expenses totaling $66,970.68. The Fifth Application also requests authorization for the Temporary Receiver to pay such fees and expenses from receivership assets. No party has filed any response to the request.

After carefully considering the work performed, the motion is GRANTED AS AMENDED.

On July 17, 2018, this Court entered a Temporary Restraining Order ("TRO") (Doc. 98). Among other things, the TRO appointed Eric Johnson as Temporary Receiver of the Receivership Entities2 in this case. Id. at 14. The TRO provided that the "Receiver and all personnel hired by the Receiver . . . are entitled to reasonable compensation for the performance of duties pursuant to this Order and for the cost of actual out-of-pocket expenses incurred by them, from the Assets now held by, in the possession or control of, or which may be received by, the Receivership Entities." Id. at 24. The Court previously approved four applications for payment of fees and expenses to the Temporary Receiver and vendors totaling $997,680.05.

The pending Fifth Application seeks: (1) $29,206.00 in fees for the Temporary Receiver; (2) $34,617.20 in fees, plus $3,133.60 in expenses, for counsel Spencer Fane; and (3) $13.88 in expenses for vendor UnitedLex. The total amount of fees and expenses requested is $66,970.68. These requests cover payment for a variety of services and costs incurred by the Temporary Receiver and his retained professionals on behalf of the Receivership Entities, including, but not limited to: attention to the extraction of Global Check Recovery, Inc. from the Receivership Estate (including preparation of necessary notices, pleadings, and releases), continued attention to the transfer and liquidation of the Cabo San Lucas property, work on data preservation and disposal of customer information related to the Receivership Entities, continued work on the wrap-up and orderly termination of 401(k) plans, and preparation of 2018 estate and corporate tax returns.

After reviewing the record, the Court finds the amount of fees and expenses requested is reasonable given the numerous tasks performed by the Temporary Receiver, the complexity of these tasks, and the lack of any objection. The Court also finds the hourly rates actually being paid are not unreasonable.

Accordingly, the motion (Doc. 320), as amended by the supplemental suggestions (Doc. 324) is GRANTED. It is ORDERED that the Temporary Receiver may pay the following amounts from receivership assets:

IT IS FURTHER ORDERED that the Temporary Receiver is authorized to transfer funds to the Temporary Receiver's disbursement account to cover these payments.

IT IS SO ORDERED.