Federal Trade Commission et al v. Affiliate Strategies, Inc. et al

Filing 430

MEMORANDUM AND ORDER granting 429 Motion for Order for Final Status Report, Final Application for Approval of Fees and Expenses, and Motion to Terminate Receivership Estate. See Memorandum and Order for details. Signed by District Judge Julie A. Robinson on 10/19/2011. (pp)

IN THE UNITED STATES DISTRICT COURT
FOR THE DISTRICT OF KANSAS

FEDERAL TRADE COMMISSION,
STATE OF KANSAS,
STATE OF MINNESOTA, and
STATE OF NORTH CAROLINA,

Case No. 5:09-CV-04104-JAR-KGS

Plaintiffs,
v.
AFFILIATE STRAGEGIES, INC., et al.,
Defendants.

MEMORANDUM AND ORDER
This matter is presently before the court upon the Permanent Receiver's Final
Status Report, Final Application for Approval of Fees and Expenses, and Motion to
Terminate the Receivership Estate. The Receiver has provided a final accounting and
seeks to pay Larry E. Cook, Receiver expenses in the amount of $0 and fees in the
amount of $10,858.77. The Receiver also seeks to pay Lathrop & Gage LLP attorneys
for the Receiver, expenses in the amount of $1,310.26 and fees in the amount of
$10,858.77 for a total amount of $12,169.03. The Receiver will write off $24,618.73 and
Lathrop & Gage LLP will write off $39,204.23. The Receiver further seeks approval of
the Receiver’s actions to date, termination of the Receivership, release of the
Receivership Bond in this case, and a discharge of all liability and an order extinguishing
all potential or unknown liability against the Receiver and his agents in this case. There
has been no timely opposition filed to this application. Accordingly, for good cause
shown, the Application shall be granted.

IT IS THEREFORE ORDERED that the Receiver's Final Status Report is
Approved.
IT IS FURTHER ORDERED, that the Receiver is authorized and directed to
pay Larry E. Cook the sum of $10,858.77 for his final fees. The Receiver is further
authorized and directed to pay Lathrop & Gage LLP the sum of $12,169.03 for its final
fees and expenses. The Receiver and Lathrop & Gage LLP shall write off the balance of
their fees incurred in this case.
IT IS FURTHER ORDERED that the Receiver and his agents are hereby
discharged of all liability and from all claims, unknown or unknown in this case.
IT IS FURTHER ORDERED that the Receiver is hereby discharged and the
Receivership terminated.
IT IS FURTHER ORDERED that the Receivership Bond posted in this case, as
subsequently renewed, is released and may be canceled.
IT IS SO ORDERED.
Dated: October 19, 2011
S/ Julie A. Robinson
JULIE A. ROBINSON
UNITED STATES DISTRICT JUDGE

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