Securities and Exchange Commission v. Nadel et al

Filing 129

First MOTION for attorney fees for ORDER AWARDING FEES, COSTS, AND REIMBURSEMENT OF COSTS TO RECEIVER AND HIS PROFESSIONALS by Burton W. Wiand. (Attachments: #1 Exhibit A - Standardized Fund Accounting Report, #2 Exhibit B - Receiver's First Interim Report, #3 Exhibit C - Receiver's fees through 02-28-09, #4 Exhibit D - Home Front Homes Litigation through 02-28-09, #5 Exhibit E - Categorization and summary of costs (Fowler White) through 02-28-09, #6 Exhibit F - Fee Schedule, #7 Exhibit G - Fowler White Fees through 02-28-09, #8 Exhibit H - PDR CPA bill through 02-28-09, #9 Exhibit I - Riverside bill through 02-28-09, #10 Exhibit J - E-Hounds bill through 02-28-09, #11 Exhibit K - Proposed Order)(Nelson, Carl)

Standardied Fund Accounting Report

for Consolidated Nadel Entities - Cash Basis
Receivership; Civil Court Docket No. 8:09-cv-87-T-26TBM
Reporting Period 01/21/09 to 02/28/09

Fund Accounting (See Instructions):

Detail
*Line 1 Beginning Balance (As ofOl/27/09):

Subtotal

Grand Total
1,113,413.05

Increases in Fund Balance:
Line 2
Line 3

Business Income Cash and Securities

260,789.98
9,371.81

Line 4 Line 5 Line 6 Line 7
Line 8

Interest/Dividend Income
Business Asset Liquidation

Personal Asset Liquidation Third-Part Litigation Income
Miscellaneous - Other

120,000.00 30.00

Total Funds Available (Line 1 - 8): Decreases in Fund Balance:
Line 9 Disbursements to Investors

390,191.79

1,503,604.84

Line 10 Disbursements for Receivership in Operations
Line lOa Disbursements to Receiver or Other Professionals Line lOb Business Asset Expenses Line i Oc Personal Asset Expenses Line i Od Investment Expenses Line lOe Third-Party Litigation Expenses

183,825.54 20,000.00

1. Attorney Fees 2. Litigation Expenses

Total Third-Party Litigation Expenses
Line IOf Tax Admnistrator Fees and Bonds Line 109 Federal and State Tax Payments

Total Disbursements for Receivership Operations Line 11 Disbursements for Distribution Expenses Paid by
the Fund: Line i la Distribution Plan Development Expenses:
1. Fees:

203,825.54

203,825.54

Fund Administrator Independent Distribution Consultant (IDC) Distribution Agent Consultants Legal Advisors Tax Advisors 2. Administrative Expenses
3. Miscellaneous

Total Plan Development Expenses
*Line 1 Doesn't include $1.5m Scoop Capital CD/wil be paying $1.5m loan

EXHIBIT A

Standardized Fund Accounting Report for Consolidated Nadel Entities - Cash Basis
Receivership; Civil Court Docket No. 8:09-cv-87-T-26TBM
Reporting Period 01/21/2009 to 02/28/2009

Fund Accounting (See Instructions):

Detail
Line lIb Distribution PIan Implementation Expenses:
1. Fees:

Subtotal

Grand Total

Fund Administrator IDC Distribution Agent Consultants
Legal Advisors Tax Advisors

2. Administrative Expenses
3. Investor Identification:

Notice/Publishing Approved Plan Claimant Identification
Claims Processing

Web Site Maintenance/Call Center 4. Fund Admnistrator Bond
5. Miscellaneous

6. Federal Account for Investor Restitution

(FAIR) Reporting Expenses

Total Plan Implementation Expenses Total Disbursements for Distribution Expenses
Paid by the Fund

Line 12 Disbursements to Court/Other:
Line 12a Investment Expenses/Court Registry Investment

System (CRrS) Fees
Line 12b Federal Tax Payments

Total Disbursements to Court/Other:
Total Funds Disbursed (Lines 9 - 11)
Line 13 Ending Balance (As of Line 14 Ending Balance of

02/28/09) Fund - Net Assets:

Line 14a Cash & Cash Equivalents
Line 14b Investments Line 14c Other Assets or Uncleared funds

1,299,779.30 1,299,779.30 1,299,779.30

Total Ending Balance of Fund - Net Assets

1,299,779.30