Securities and Exchange Commission v. Mantria Corporation et al
Filing
285
ORDER granting 278 Motion for Order Approving Payment of Receiver's Fees 1/1/12 - 3/31/12 by Judge Christine M. Arguello on 5/23/12.(cmacd )
IN THE UNITED STATES DISTRICT COURT
FOR THE DISTRICT OF COLORADO
Judge Christine M. Arguello
Civil Action No. 09-cv-02676-CMA-MJW
SECURITIES AND EXCHANGE COMMISSION,
Plaintiff,
v.
MANTRIA CORPORATION,
TROY B. WRAGG,
AMANDA E. KNORR,
SPEED OF WEALTH, LLC,
WAYDE M. MCKELVY, and
DONNA M. MCKELVY,
Defendants.
_____________________________________________________________________
ORDER APPROVING PAYMENT OF RECEIVER’S FEES AND EXPENSES FOR
THE PERIOD JANUARY 1, 2012, THROUGH MARCH 31, 2012, SUBJECT TO
A TWENTY PERCENT HOLDBACK
_____________________________________________________________________
This matter is before the Court on the Receiver's Seventh Application for
Approval of Payment of Receiver’s Fees and Expenses for the Period from January 1,
2012 – March 31, 2012 (“Seventh Application”) (Doc # 278).
In connection with the Seventh Application, the Receiver seeks approval of
payment of the Receiver’s fees in the amount of $4,864.00 and expenses in the amount
of $24.68, as well as the fees and expense of his Retained Personnel as follows:
Brownstein Hyatt Farber Schreck, LLP, counsel for the Receiver, $3,336.50 in fees
(there were no expenses); Baum & Gustafson, tax attorney for the Receiver, $704.00
in fees (there were no expenses). (See id.) The Court being fully advised in the
premises, finds that granting the Application is warranted, with a twenty percent
deduction to be awarded at a later time, in the Court’s discretion, in connection with
the Receiver’s final fee application. (See Doc. # 82, ¶ 61.)
Accordingly, IT IS ORDERED THAT:
1)
The Receiver’s Seventh Application for Approval of Payment of Receiver’s
Fees and Expenses for the Period January 1, 2012, through March 31,
2012 (Doc. # 278) is GRANTED, with the following modifications, and
the following fees and expenses are to be paid out as follows from the
funds in the Receivership estate:
(a)
The Receiver be paid a total of $3,910.94 for his fees and
expenses ($4,888.68 - $977.74 ) incurred for the period January 1,
1
2012, through March 31, 2012;
(b)
Brownstein Hyatt Farber Schreck, LLP, counsel for the Receiver,
be paid a total of $2,669.20 for its fees ($3,336.50 - $667.30)
incurred for the period January 1, 2012, through March 31, 2012;
and,
(c)
Baum & Gustafson, tax accountant for the Receiver, be paid a total
of $563.20 for its fees ($704.00 - $140.80) incurred for the period
January 1, 2012, through March 31, 2012 .
DATED: May 23 , 2012
BY THE COURT:
_______________________________
CHRISTINE M. ARGUELLO
United States District Judge
1
This figure represents a twenty-percent holdback.
2
Disclaimer: Justia Dockets & Filings provides public litigation records from the federal appellate and district courts. These filings and docket sheets should not be considered findings of fact or liability, nor do they necessarily reflect the view of Justia.
Why Is My Information Online?