United States Securities and Exchange Commission v. Ahmed et al

Filing 1287

ORDER: For the reasons set forth in the attached ruling, Relief Defendants' motions for appellate attorneys' fees 1080 1273 are GRANTED with modification. Signed by Judge Janet Bond Arterton on 9/16/19. (Davis, Caroline)

UNITED STATES DISTRICT COURT
DISTRICT OF CONNECTICUT
UNITED STATES SECURITIES AND EXCHANGE
COMMISSION,
Civil No. 3:15cv675 (JBA)
Plaintiff,
v.
September 16, 2019
IFTIKAR AHMED,
Defendant, and
IFTIKAR ALI AHMED SOLE PROP; I-CUBED
DOMAINS, LLC; SHALINI AHMED; SHALINI
AHMED 2014 GRANTOR RETAINED ANNUNITY
TRUST; DIYA HOLDINGS LLC; DIYA REAL
HOLDINGS, LLC; I.I. 1, a minor child, by and through
his next friends IFTIKAR and SHALINI AHMED, his
parents; I.I. 2, a minor child, by and through his next
friends IFTIKAR and SHALINI AHMED, his parents;
and I.I. 3, a minor child, by and through his next
friends IFTIKAR and SHALINI AHMED, his parents,
Relief Defendants.

RULING GRANTING RELIEF DEFENDANTS’ EMERGENCY MOTION FOR APPELLATE
ATTORNEY FEES
Relief Defendants move for the release of $350,000 from the assets of the Receivership
Estate “to pay for Relief Defendants’ appellate counsel, Jenner & Block LLP” (“JB”). (Rel. Defs.’
Mot. for Appellate Fees [Doc # 1273]; see also Rel. Defs.’ Mot. for Funds for Appellate Counsel
[Doc. # 1080].)
Appeals which are now before the Second Circuit Court of Appeals were stayed pending
this Court’s ruling on Defendant’s Rule 59(e) motion, which was denied on September 4, 2019.
(Ruling Denying Def.’s Mot. to Alter J. [Doc. # 1263].) “As the Court has now ruled on the [Rule