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Securities and Exchange Commission v. Rex Venture Group, LLC, 3:12-CV-519. (2019)

Court: District Court, W.D. North Carolina Number: infdco20191223d25 Visitors: 5
Filed: Dec. 19, 2019
Latest Update: Dec. 19, 2019
Summary: ORDER GRAHAM C. MULLEN , District Judge . THIS MATTER is before the Court upon the Receiver's Request for Court Approval to Reimburse Receiver's Counsel for Data Hosting Expenses. The Court finds that the data hosting services at issue are for the benefit of the Receivership Estate and not for the benefit of McGuireWoods. Therefore, the Court finds good cause to approve the reimbursement of McGuireWoods for the costs it advanced on behalf of the Receivership Estate to Kroll for data hostin
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ORDER

THIS MATTER is before the Court upon the Receiver's Request for Court Approval to Reimburse Receiver's Counsel for Data Hosting Expenses.

The Court finds that the data hosting services at issue are for the benefit of the Receivership Estate and not for the benefit of McGuireWoods. Therefore, the Court finds good cause to approve the reimbursement of McGuireWoods for the costs it advanced on behalf of the Receivership Estate to Kroll for data hosting.

IT IS, THEREFORE, ORDERED that the Court hereby APPROVES the Receiver's request to reimburse McGuireWoods from Receivership funds in the amount of $215,566.78.

Source:  Leagle

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