Securities and Exchange Commission v. Mantria Corporation et al

Filing 422

ORDER granting 417 Motion for Order: Order Approving Payment of Receiver's Fees and Expenses for the Period April 1, 2014 Through June 30, 2014, Subject to a Twenty Percent Holdback. By Judge Christine M. Arguello on 09/09/2014.(athom, )

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 APRIL 1, 2014 THROUGH JUNE 30, 2014, SUBJECT
TO A TWENTY PERCENT HOLDBACK

This matter is before the Court on the Receiver's Sixteenth Application for
Approval of Payment of Receiver’s Fees and Expenses for the Period April 1, 2014
through June 30, 2014 (“Sixteenth Application”) (Doc # 417).
In connection with the Sixteenth Application, the Receiver seeks approval of
payment of the Receiver’s expenses totaling $46.73, as well as the fees of his Retained
Personnel, Bryan Cave, LLP, counsel for the Receiver, of $1,594.00 and expenses of
$29.10 (see id.). The Court being fully advised in the premises, finds that granting the

Sixteenth 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 the Receiver’s Sixteenth Application (Doc.
# 417) is GRANTED, with the following modifications, and the following fees are
to be paid out as follows from the funds in the Receivership estate:
(1)

The Receiver shall be paid a total of $37.38 for his expenses
($46.73 - $9.35) incurred for the period April 1, 2014 through
June 30, 2014;

(2)

Bryan Cave, LLP, counsel for the Receiver, be paid a total
of $1,275.20 for its fees ($1,594.00 - $318.80) and $23.28
($29.10 - $5.82) for its expenses for the period April 1, 2014
through June 30, 2014.

DATED: September

09

, 2014
BY THE COURT:

_______________________________
CHRISTINE M. ARGUELLO
United States District Judge

2