Securities and Exchange Commission v. Mantria Corporation et al

Filing 477

ORDER granting 470 Application for Approval of Payment of Receiver's Fees and Expenses for the Period from April 1, 2015 through June 30, 2015. 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 APRIL 1, 2015 THROUGH JUNE 30, 2015, SUBJECT TO
A TWENTY PERCENT HOLDBACK
_____________________________________________________________________
This matter is before the Court on the Receiver’s Twentieth Application for
Approval of Payment of Receiver’s Fees and Expenses for the Period from April 1, 2015
through June 30, 2015 (“Twentieth Application”) (Doc. # 470).
In connection with the Twentieth Application, the Receiver seeks approval for
payment of his expenses in the amount $50.37 (he did not bill any fees); the fees of his
Retained Personnel, Bryan Cave, counsel for the Receiver, of $897.00 and expenses of
$12.90; and fees for Baum & Gustafson, LLP, tax counsel for the Receiver in the
amount of $384.00. (See id. at 1.)
The Court, being fully advised in the premises, finds that granting the Twentieth
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 Twentieth Application for Approval of Payment of
Receiver’s Fees and Expenses for the Period from April 1, 2015 through
June 30, 2015 (Doc. # 470) is GRANTED, and the following fees and
expenses are to be paid out as follows from the funds in the Receivership
estate (after the 20% hold back is accounted for):
(a)

The Receiver is to be paid $40.30 in expenses;

(b)

Bryan Cave LLP, counsel for the Receiver, is to be paid $717.60 in
fees and $10.32 in expenses;

(c)

Baum & Gustafson, the Receiver’s tax counsel, is to be paid
$307.20 in fees.

DATED:

October 7, 2015
BY THE COURT:

_____________________________
CHRISTINE M. ARGUELLO
United States District Judge

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