Securities And Exchange Commission v. Goldfarb et al

Filing 174

173 ORDER GRANTING RECEIVER'S MOTION FOR AN ORDER PURSUANT TO LOCAL RULE 7-11 TO PAY THE RECEIVER'S FEES FOR THE PERIOD AUGUST 1, 2014 TO JANUARY 31, 2015.(whalc2, COURT STAFF) (Filed on 3/9/2015)

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JOHN W. COTTON (SBN 54912)
GARTENBERG GELFAND HAYTON LLP
801 S. Figueroa Street, Suite 2100
Los Angeles, CA 90017
[phone]
[e-mail]
Receiver of Baystar Capital Management and
Lawrence Goldfarb

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UNITED STATES DISTRICT COURT

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NORTHERN DISTRICT OF CALIFORNIA

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[PROPOSED] ORDER
GRANTING RECEIVER’S
MOTION FOR AN ORDER
PURSUANT TO LOCAL
RULE 7-11 TO PAY THE
RECEIVER’S FEES FOR
THE PERIOD AUGUST 1,
2014 TO JANUARY 31, 2015

Plaintiff,

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Case No.: C-11-0938 WHA

SECURITIES AND EXCHANGE
COMMISSION,

v.

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LAWRENCE R. GOLDFARB and
BAYSTAR CAPITAL
MANAGEMENT, LLC,

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Defendants.

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ORDER AUTHORIZING PAYMENT OF RECEIVER’S FEES

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Pursuant to Local Rule 7-11 of the Northern District of California, John W.

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Cotton, as the Receiver for defendants Larry R. Goldfarb and LRG Capital

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Management LLC (“Receiver”), in the above matter has submitted to the Court a

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miscellaneous administrative application for an Order approving the payment to

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him and his firm for their services for the period of August 1, 2014 to January 31,

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2015. The Receiver has submitted his declaration in which he states has complied

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in full with the SEC’s “Billing Instructions to Receivers”. He has broken out and
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ORDER RE SEVENTH INTERIM APPLICATION FOR FEES OF RECEIVER

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reviewed the time spent on each of the various SEC activity categories, and stated

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under oath that each was reasonable and necessary, and performed by billing

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personnel of appropriate skill and experience level. The SEC, and the Goldfarb

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defendants have both reviewed this Application and indicated to the Receiver that

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they have no objection to this Court’s approval of the requested fee and cost

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payments.

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GOOD CAUSE APPEARING, the Court hereby authorizes the receiver in
this matter, John W. Cotton, to pay to the firm of Gartenberg Gelfand Hayton
LLP the amount of $11,262 for the total fees and costs earned by, and accrued to
it during the period August 1, 2014 to January 31, 2015.

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IT IS SO ORDERED.

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March 9
DATED: _______________, 2015 .

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Judge William Alsup
United States District Court

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ORDER RE SEVENTH INTERIM APPLICATION FOR FEES OF RECEIVER