Securities and Exchange Commission v. Mantria Corporation et al

Filing 475

ORDER granting 444 Application for Approval of Payment of Receiver's Fees and Expenses for the Period from October 1, 2014 through December 31, 2014. Signed by Judge Christine M. Arguello on 10/07/15.(jhawk, )

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 FROM OCTOBER 1, 2014, THROUGH DECEMBER 31, 2014,
SUBJECT TO A TWENTY PERCENT HOLDBACK
_____________________________________________________________________
This matter is before the Court on the Receiver’s Eighteenth Application for
Approval of Payment of Receiver’s Fees and Expenses for the Period from October 1,
2014 through December 31, 2014 (“Eighteenth Application”) (Doc. # 444).
In connection with the Eighteenth Application, the Receiver seeks approval for
payment of his expenses in the amount of $52.48 (he did not bill any fees); the fees of
his Retained Personnel, Bryan Cave LLP, counsel for the Receiver, of $1,460.00 and
expenses of $137.80; $736.00 in fees for the Receiver’s tax counsel, Baum &
Gustafson, and $2,500.00 in fees for the Receiver’s tax accountant, Greenstone, Lick &
Associates. (See id. at 1.)

The Court, being fully advised in the premises, finds that granting the Eighteenth
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 Eighteenth Application for Approval of Payment of
Receiver’s Fees and Expenses for the Period from October 1, 2014
through December 31, 2014 (Doc. # 444) is GRANTED, and the following
fees and expenses are to be paid out as follows from the funds in the
Receivership estate:
(a)

The Receiver is to be paid $41.98 in expenses ($52.48 – $10.49);

(b)

Bryan Cave LLP, counsel for the Receiver, is to be paid $1168 in
fees ($1,460.00 – $292), and $110.24 in expenses ($137.80 –
$27.56);

(c)

Baum & Gustafson, the Receiver’s tax counsel, is to be paid
$588.80 in fees ($736.00 – $147.20);

(d)

Greenstone, Lick & Associates, the Receiver’s tax accountant, is to
be paid of $2,000.000 in fees ($2,500.00 – $500.00).

DATED:

October 7, 2015
BY THE COURT:

_____________________________
CHRISTINE M. ARGUELLO
United States District Judge

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