Securities and Exchange Commission VS Global Express Capital Real Estate Investment Fund I, LLC et al

Filing 1015

ORDER Granting #1012 MOTION for Attorney Fees (Twenty-Fifth Interim Application For Approval Of Receivers Fees And Expenses) filed by James H Donell. Signed by Judge Kent J. Dawson on 9/13/11. (Copies have been distributed pursuant to the NEF - MMM)

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1 2 3 4 5 6 7 8 9 13390.3 BYRON Z. MOLDO, SBN 109652 ERVIN COHEN & JESSUP LLP TH 9401 WILSHIRE BOULEVARD, 9 FLOOR BEVERLY HILLS, CALIFORNIA 90212 Tel: 310\ 273-6333 Fax: 310\ 859-2325 RANDOLPH L. HOWARD, NV SBN 6688 KOLESAR & LEATHAM, CHTD. WELLS FARGO FINANCIAL CENTER 400 S. RAMPART BLVD., SUITE 400 LAS VEGAS, NV 89145 TEL: 702-362-7800 FAX: 702-362-9472 Attorneys for James H. Donell, Permanent Receiver 10 11 12 UNITED STATES DISTRICT COURT 13 DISTRICT OF NEVADA 14 15 SECURITIES & EXCHANGE COMMISSION, 16 17 18 19 20 21 22 CASE NO.: CV-S-03-1514-KJD-LRL Plaintiff, ORDER APPROVING TWENTY-FIFTH INTERIM APPLICATION FOR GLOBAL EXPRESS CAPITAL REAL APPROVAL OF RECEIVER’S FEES ESTATE INVESTMENT FUND I, LLC, AND EXPENSES et al., v. Defendants. Date: September 13, 2011 Time: 9:00 a.m. Ctrm: 6D 23 24 25 The “Twenty-Fifth Interim Application For Approval Of Receiver’s Fees And 26 Expenses; Memorandum Of Points And Authorities; Declarations Of James H. 27 Donell, Byron Z. Moldo, Randolph L. Howard, and James T. Schaefer In Support 28 Thereof” (“Application”), having been filed with the Court, and notice of hearing 13390.3:1250113.1 1 ORDER APPROVING TWENTY-FIFTH INTERIM APPLICATION FOR APPROVAL OF RECEIVER’S FEES AND EXPENSES 1 having been served upon all interested parties, the matter came on for hearing on 2 September 13, 2011, 2010 at 9:00 a.m. in Courtroom 6D of the above-entitled Court, 3 before the Honorable Kent J. Dawson, United States District Judge. Byron Z. Moldo 4 of Ervin Cohen & Jessup LLP appeared on behalf of James H. Donell, Permanent 5 Receiver; James H. Donell, Permanent Receiver appeared; other parties appeared as 6 reflected in the Court’s minutes. The Court having read and considered the Application, all opposing and reply 7 8 papers, and after hearing the statements and arguments of counsel, and being fully 9 advised in the premises, rules as follows: 1. 10 IT IS HEREBY ORDERED that the Receiver’s fees and expenses for the 11 period January 1, 2011 through June 30, 2011, in the amounts of $9,675.00 and 12 $1,718.45, respectively, are approved. 2. 13 IT IS FURTHER ORDERED that the fees and expenses of the 14 Receiver’s general counsel, Ervin Cohen & Jessup LLP (“ECJ”), for legal services 15 performed on behalf of the Receiver for the period January 1, 2011 through June 30, 16 2011, in the amounts of $23,394.00 and $2,852.51, respectively, are approved. 3. 17 IT IS FURTHER ORDERED that the fees and expenses of the 18 Receiver’s special Nevada counsel, Kolesar & Leatham, Chtd. (“Kolesar”), for legal 19 services performed on behalf of the Receiver for the period January 1, 2011 through 20 June 30, 2011, in the amounts of $181.00 and $34.75, respectively, are approved. 4. 21 IT IS FURTHER ORDERED that the fees and expenses of the 22 Receiver’s accountant, Schaefer & Co. (“Schaefer”), for accounting services 23 performed on behalf of the Receiver for the period January 1, 2011 through June 30, 24 2011 in the amounts of $880.40 and $ -0-, respectively, are approved. 25 //// 26 //// 27 //// 28 //// 13390.3:1250113.1 2 ORDER APPROVING TWENTY-FIFTH INTERIM APPLICATION FOR APPROVAL OF RECEIVER’S FEES AND EXPENSES 1 5. IT IS FURTHER ORDERED that the Receiver is authorized to pay the 2 Receiver, ECJ, Kolesar, and Schaefer the amount of approved fees and expenses from 3 the funds in his possession. 4 5 6 7 DATED: September 13, 2011 __________________________________________ KENT J. DAWSON UNITED STATES DISTRICT COURT JUDGE 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 13390.3:1250113.1 3 ORDER APPROVING TWENTY-FIFTH INTERIM APPLICATION FOR APPROVAL OF RECEIVER’S FEES AND EXPENSES

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