Securities and Exchange Commission v. Nadel et al

Filing 200

Unopposed MOTION for attorney fees Third Interim Motion 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 Third Interim Report, #3 Exhibit C - Receiver - Receivership invoice, #4 Exhibit D - Receiver - Home Front Homes v. Bishop invoice, #5 Exhibit E - Receiver - Carolina Mountain Land Conservancy invoice, #6 Exhibit F - Receiver - Recovery from Investors invoice, #7 Exhibit G - Receiver - Recovery from Moodys invoice, #8 Exhibit H - Receiver - Recovery of Commissions invoice, #9 Exhibit I - Fowler White - Categorization and summary of costs, #10 Exhibit J - Fowler White - Fee schedule, #11 Exhibit K - Fowler White - Receivership invoice (part 1 of 2), #12 Exhibit K - Fowler White - Receivership invoice (part 2 of 2), #13 Exhibit L - Fowler White - Home Front Homes v. Bishop invoice, #14 Exhibit M - Fowler White - Carolina Mountain Land Conservancy invoice, #15 Exhibit N - Fowler White - Recovery from Investors invoice, #16 Exhibit O - Fowler White - Recovery from Moodys invoice, #17 Exhibit P - Fowler White - Recovery of Commissions invoice, #18 Exhibit Q - PDR invoice, #19 Exhibit R - Riverside Financial Group invoice, #20 Exhibit S - E-Hounds invoice, #21 Exhibit T - Proposed Order)(Nelson, Carl)

Securities and Exchange Commission v. Nadel et al

Doc. 200 Att. 16

EXHIBIT

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FOWLER(§
AltOrn"~:;"I~~i'; WHITE BOGGS

Burton W. Wiand Fowler White Boggs P.A. 501 East Kennedy Blvd., Suite 1700
Tampa, Florida 33602

August 28, 2009 Invoice 723017 Tax # 59-1280172
Page 1

BWW1l091072
Re: 1091072

Scoop Legal Team - Recovery of Assets from Chris and Neil Moody
Professional Services Through 06/30/09

Asset Analysis and Recovery
05/06/09

Telephone conference with Sharon of PDR regarding obtaining Excel spreadsheets of the Moodys' transfers (.1); review and analyze Excel
spreadsheets received from PDR (.1); prepare spreadsheets of

transfers to

Chris Moody and Neil Moody (2.7).

ASSET DMM

2.90 hrs.

05/12/09

factual research regarding Moodys' trading and receipt offunds (.2); legal research regarding (1) Receiver's authority to bring Moodys into receivership and/or to file summary action and (2) whether the court can
Brief

freeze the Moodys' assets (4.7).

ASSET
05/12/09

ABT

4.90 hrs.

Received and reviewed Motion for Garnishment in Paolino action (.3); conferred with Burt Wiand regarding Paolino action (.5).

ASSET CRN

0.80 hrs.

05/12/09

Conduct inquiries on sunbiz.org relating to the management structure of the Valhalla and Viking funds (.7); review internal spreadsheets relating to the same in preparation for drafting a complaint against Neil and Chris Moody (.7). DH ASSET
Begin drafting the outline of a Complaint against Neil and Chris Moody
FOWLER WHITE BOGGS P .A.
TAMPA. FORT MYERS · TALLAHASSEE . JACKSONVILLE . FORT LAUDERDALE
501 EAST KENNEDY BLVD., SUITE 1700 . TAMPA, FLORIDA 33602 · P.O. Box 1438 . TAMPA, FL 33601

1.40 hrs.

05/13/09

TELEPHONE [phone] · FAX [phone] · WW.FOWLERWHITE.COM
EXPENSES ARE BILLED AT ACTUAL COSTS DETERMINED IN ACCORDANCE WITH ABA GUIDELINES

Dockets.Justia.com

Burton W. Wi

and Rc: Scoop Legal Team - Recovery of Assets from Chris and Neil Moody

August 28, 2009 Invoice 723017
Page 2

BWW1l091072

for Fraudulent Transfer and Unjust Enrchment (2.0); review and analyze documents organizing the Valhalla and Viking entities and related Private Placement Memorandums in preparation of drafting a Complaint against Neil and Chris Moody (3.1). DH ASSET
05114/09

5.10 hrs.

Legal research regarding whether receiver can obtain asset freeze of Moodys, as non-parties (4.5); preparation of memorandum summarizing
research and analyzing receiver's options (1.2).

ASSET ABT ASSET DMM
ASSET
ABT

5.70 hrs.

05/15/09

Correspondence regarding obtaining certified copies of Delaware

corporate filings and Delaware corporate information on Valhalla Investment Partners, L.P. (.2); conduct research regarding same (.2).
0.40 hrs.

05/18/09

Legal research regarding freezing Moodys' assets and preparation of
memorandum regarding same.

4.50 hrs.

05/18/09

Analyze Fla. Stat. Section 726-- Fraudulent Transfers-- in connection
with drafting the Complaint against Chris and Neil Moody for fraudulent transfer and unjust enrichment (.6); offce conference with G. Morello to discuss the contents of the Complaint against Chris and Neil Moody and the allegations in support of the fraudulent transfer claims (.6); continue

drafting the Complaint against Neil and Chrs Moody for fraudulent
transfer and unjust enrchment (2.5).

ASSET DH
ASSET ABT

3.70 hrs.

05/19/09

Legal research of and preparation of memorandum regarding obtaining,

via summary proceedings, assets of non-party to SEC enforcement action.

4.30 hrs.

05/19/09

Continue drafting the Complaint against Chris and Neil Moody for
fraudulent transfer and unjust enrchment.

ASSET DH

3.70 hrs.

FOWLER WHITE BOGGS P.A.
TAMPA. FORT MYERS · TALLAHASSEE . JACKSONVILLE · FORT LAUDERDALE

Buiion W. Wiand Rc: Scoop Legal Team - Recovery of Assets from Chrs and Neil Moody

August 28, 2009 Invoice 723017
Page 3

BWW/1091072

05120/09

Legal research regarding receiver's authority to initiate summary
proceedings against nonparties in SEC enforcement action and preparation of memorandum regarding same.

ASSET ABT

5.50 hrs.

OS/20/09

Analyze exhibits attached to the SEC's emergency motion for TRO to assist the drafting of the Complaint against Chrs and Neil Moody for fraudulent transfer and unjust enrchment (.4); continue drafting the Complaint against Neil and Chrs Moody for fraudulent transfer and
unjust enrichment (4.4).

ASSET
OS/20/09

DH

4.80 hrs.

Drafted a chart of the partnerships to attach to the Complaint.

ASSET MEG
ABT

1.50 hrs.

OS/21/09

Finalize and distribute memorandum regarding receiver's options for
bringing Chris and Neil Moody into the SEC action and legal research in
support thereof.

ASSET
OS/21/09

1.90 hrs.

Considered options regarding Moodys (.3); e-mail from Bentley Morgan
regarding Moodys (.4).

ASSET
OS/21/09

CRN

0.70 hrs.

Continue drafting and revising the Complaint against Neil and Chris Moody for fraudulent transfer and unjust enrichment.

ASSET DH

8.00 hrs.

OS/22/09

Office conference with G. Morello to discuss research needed regarding how to state a claim under Florida's Fraudulent Transfers statute when the debtor is not the transferor (.3); conduct legal research regarding whether a debtor under Florida's fraudulent transfer statute must be the transferor the complaint for fraudulent (1.0); proofread and revise the first draft of transfer and unjust enrichment against Chrs and Neil Moody and forward to G. Morello for review (1.3); review legal research regarding whether a

FOWLER WHITE BOGGS P.A.
TAMPA. FORT MYERS · TALLAHASSEE · JACKSONVILLE · FORT LAUDERDALE

Buiion W. Wiand Rc: Scoop Legal Team - Recovery of Assets from Chris and Neil Moody

August 28, 2009 Invoice 723017
Page 4

BWW1l091072

debtor under Florida's fraudulent transfer statute must be the transferor
(1.5).

ASSET
OS/26/09

DH

4.10 hrs.

Office conference with G. Morello to discuss legal research findings and how to state the creditor/debtor relationship in the complaint against Chris and Neil Moody for fraudulent transfer (.3); conduct legal research regarding the interpretation of "assets of a debtor" under Uniform

Fraudulent Transfer statutes (3.0); review and analyze legal research regarding the interpretation of "assets of a debtor" under Uniform Fraudulent Transfer statutes (4.6).

ASSET DH

7.90 hrs.

OS/27/09

Conduct legal research regarding the application of the adverse interest exception (.5); conduct legal research regarding a receiver's standing to bring certain tort claims against defendants on behalf of the receivership entities (.2); conduct legal research regarding whether a receivership
entity may be a debtor under Florida's fraudulent transfer statute (.4); continue to review and analyze legal research regarding the interpretation of" assets of a debtor" under Uniform Fraudulent Transfer statutes (4.9). DH ASSET

6.00 hrs.

OS/28/09

Begin reviewing legal research regarding the "adverse interest exception"

in connection with stating a cause of action against Chrs and Neil

Moody. .

ASSET
06/01/09

DH

0.80 hrs.

Draft a checklist of pleading requirements for the second draft of the complaint against Chris and Neil Moody for fraudulent transfers and
unjust enrichment (.7); continue to review legal research regarding

whether a receivership entity may be a creditor and another receivership entity the debtor under Florida's Fraudulent Transfer statute (3.0); continue to review legal research regarding the application of the adverse interest exception in fraudulent transfer cases (.7).

ASSET DH

4.40 hrs.

06/01/09

Research and pull dockets and documents for similar Receiver cases in
FOWLER WHITE BOGGS P.A.
TAMPA. FORT MYERS . TALLAHASSEE · JACKSONVILLE · FORT LAUDERDALE

Burton W. Wiand Re: Scoop Legal Team - Recovery of Assets from Chrs and Neil Moody

August 28, 2009 Invoice 723017
Page 5

BWW1l091072

Florida's Southern District for Attorney Dominique Pearlman, regarding fiing a claim against the Moodys.

ASSET LJ

0.40 hrs.

06/03/09

Call from Hill Ward regarding Chrstopher Moody's unfinished house

(.3); worked on subpoena for documents to the Moodys (2.7).

ASSET CRN
ASSET CRN

3.00 hrs.

06/04/09

E-mail exchange with Bob Fulton regarding Chris Moody's partially completed house (.4); further work on subpoena to Moodys (.8); conferred with Burt Wiand regarding Moody's house (1.2).

2.40 hrs.

06/05/09

Draft and revise the second draft of the Complaint for fraudulent transfers and unjust enrichment against Chrs and Neil Moody.

ASSET DH ASSET DH ASSET DH

5.60 hrs.

06/07/09

Begin to review and analyze legal research regarding excessive
compensation causes of action (Grasso cases) in support of

the complaint

for fraudulent transfer against Chrs and Neil Moody.

1.10 hrs.

06/09/09

Revise the specific allegation sections of the complaint for fraudulent transfer and unjust enrichment against Chrs and Neil Moody and submit the fully revised complaint to B. Wiand and G. Morello for review.

2.00 hrs.

06/11/09

Revision of the Partnership Chart for the complaint. ASSET
Preparation of

MEG

0.30 hrs.

06/15/09

subpoenas to Chrs and Neil Moody (financial documents).

ASSET ABT

0.50 hrs.

06/15/09

E-mail to David Knight regarding discovery (.2); edited subpoenas to
Moody's (.7).

FOWLER WHITE BOGGS P.A.
TAMPA. FORT MYERS . TALLAHASSEE · JACKSONVILLE · FORT LAUDERDALE

Buiion W. Wi

and

Re: Scoop Legal Team - Recovery of Assets from Chrs and Neil Moody

August 28, 2009 Invoice 723017
Page 6

BWW /1 091 072

ASSET
06/16/09

CRN

0.90 hrs.

Communicate with Ms. Trehan regarding correspondence to Ms. Merrtt at SeaGate and review of proposed correspondence.

ASSET JCR
ASSET
ABT

0.20 hrs.

06/17/09

Preparation of subpoenas to Chrs and Neil Moody (regarding financial
information).

0.20 hrs.

06/17/09

E-mail exchanges with Mark Donzi and David Knight regarding Moodys.

ASSET CRN ASSET ABT
eRN

0.30 hrs.

06/18/09

Receive confinnation of service of subopenas on Moodys via attorney David Knight and update discovery spreadsheet regarding same.
0.10 hrs.

06/18/09

Meeting with David Knight and Burt Wiand. ASSET

0.30 hrs.

06/18/09

Communicate with Mr. Jernigan and Ms. Trehan regarding information
on aircraft of Chris Moody.

ASSET
06/19/09
Letter to Landmark regarding recovery of with Burt Wiand regarding recovery of

JCR

0.20 hrs.

ASSET CRN

Bonds.com debt (.8); conferred Moody assets (1.7).

2.50 hrs.

06/19/09

Review of materials related to Chrs Moody's Bonds.com certificate pledge to Landmark bank per conferences with Mr. Nelson.

ASSET JCR

0.40 hrs.

06/22/09

Review of correspondence and ledger report from Bill Price at PDR
regarding Moody's investments in Quest (.2); receipt and review of

memo from Mr. Liu to Bonds.com regarding status of request for information

FOWLER WHITE BOGGS P.A.
TAMPA. FORT MYERS . TALLAHASSEE · JACKSONVILLE · FORT LAUDERDALE

Buiion W. Wiand Rc: Scoop Legal Team - Recovery of Assets from Chrs and Neil Moody

August 28, 2009 Invoice 723017
Page 7
BWWIl 091

072

(.1 ).

ASSET
06/24/09

JCR

0.30 hrs.

Reviewed Landmark Bank loan documents (.8); attended interview of
Chris Moody (1.8).

ASSET
06/24/09

CRN

2.60 hrs.

Review of deposition transcript of Chrs Moody per conference with
Receiver in preparation for meeting (.3); meeting with Chris Moody,

David Knight, Esq., Receiver and Mr. Nelson regarding assets and
interests of Chrs Moody (2.5).

ASSET
06/26/09

JCR

2.80 hrs.

Review of materials from Chrs Moody's office folders found by Ms. Jones. JCR ASSET

0.20 hrs.

06/29/09

Telephone conference with Lance Curry regarding production of
documents.

ASSET
06/30/09

eRN

0.20 hrs.

Worked on affidavit regarding jewelry (.3); e-mail exchange with
Moodys' attorney regarding production (.4).

ASSET CRN
$22,703.70

0.70 hrs.
110.20 hrs.

TOTAL Asset Analysis and Recovery
Case Administration

06/05/09

Conferences with Ms. Jones, Mr. Nelson and Ms. Salo regarding
documentation provided by Moodys in response to FWB Subpoenas.

CASE JCR

0.20 hrs.

TOTAL Case Administration

$28.00

0.20 hrs.

FOWLER WHITE BOGGS P .A.
TAMPA. FORT MYERS. TALLAHASSEE · JACKSONVILLE · FORT LAUDERDALE

Burton W. Wiand Rc: Scoop Legal Team - Recovery of Assets from Chris and Neil Moody

August 28, 2009 Invoice 723017
Page 8

BWWIl091072

Summary of Fees
Carl R Nelson
Mary Gura

Hours 14.40
1.80

Dione M Mitchell
Linda Jones

Ashley Bruce Trehan Dominique Pearlman
Jeffrey C Rizzo

3.30 0.40 27.60 58.60 4.30

Rate/Hr 325.00 140.00 140.00 140.00 193.50 193.50 140.00

Dollars 4,680.00 252.00 462.00 56.00 5,340.60 11,339.10 602.00

TOTAL 110.40 22,731.70
Disbursements Through 06/30/09
05/31/09 05/31/09 06/30/09

Fees for Professional Services Rendered.......................................................

$

22,731.70

Westlaw Online Research - May 2009
Westlaw Online Research - May 2009

0.00
0.00 0.00
$

Westlaw online research June 2009

Total Disbursements... .... .... ...... .... ........ ..... ....... .... .................... .... .... ........ ...... ....... ..........

0.00

TOT ALS FOR THIS INVOICE
Fees for Professional Services............................................................................................... Disbursenients ....................................................................................................................... l'O'lAL DUE FOR THIS INVOICE................................................................................. $
22,731.70 0.00 22,731.70

FOWLER WHITE BOGGS P .A.
TAMPA. FORT MYERS. TALLAHASSEE · JACKSONVILLE · FORT LAUDERDALE

FOWLER(§
AltomCt"Sar Law ",VÃ B

ÉnI9.i3 wHITE OGGS

Burton W. Wi

and Fowler White Boggs P.A. 501 East Kennedy Blvd., Suite 1700

Tampa, Florida 33602

August 28, 2009 Invoice 723017 Tax # 59-1280172 BWW/1091072

Re: 1091072 Scoop Legal Team - Recovery of Assets from Chris and Neil Moody

***REMITTANCE ADVICE***
Payment is due upon receipt.

Please remit this page with your payment.
Fees Due This Invoice
22,731.70
0.00

Disbursements Due This Invoice

'lOTAL DUE FOR THIS MATTER......................................................................................... $

22,731.70

FOWLER WHITE BOGGS P .A.
TAMPA · FORT MYERS · TALLAHASSEE . JACKSONVILLE · FORT LAUDERDALE
501 EAST KENNEDY BLVD., SUITE 1700 . TAMPA, FLORIDA 33602 · P.O. Box 1438 · TAMPA, FL 33601

TELEPHONE [phone]. FAX [phone] .WW.FOWLERWHITE.COM
EXPENSES ARE BILLED AT ACTUAL COSTS DETERMINED IN ACCORDANCE WITH ABA GUIDELINES