Takiguchi et al v. MRI International, Inc. et al

Filing 443

ORDER re ECF No. 439 Status Report. The Suzukis may pay up to $10,000.00 per month for attorney's fees relating to this litigation only and up to $5,000.00 per month for expenses related to the preservation of assets. The Suz ukis shall file monthly accountings with the court detailing any such expenditures. Please see attached for further details. Signed by Judge Howard D. McKibben on 6/30/16. (Copies have been distributed pursuant to the NEF - JC)

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1 2 3 4 5 6 7 8 9 10 UNITED STATES DISTRICT COURT 11 DISTRICT OF NEVADA 12 13 14 15 16 17 18 19 20 21 22 23 SHIGE TAKIGUCHI, FUMI NONAKA, MITSUAKI TAKITA, TATSURO SAKAI, SHIZUKO ISHIMORI, YUKO NAKAMURA, MASAAKI MORIYA, HATSUNE HATANO, AND HIDENAO TAKAMA, Individually and on Behalf of All Others Similarly Situated, ) ) ) ) ) ) ) ) Plaintiffs, ) ) vs. ) ) MRI INTERNATIONAL, INC., EDWIN J ) FUJINAGA, JUNZO SUZUKI, PAUL ) MUSASHI SUZUKI, LVT, INC., dba ) STERLING ESCROW, and DOES 1-500, ) ) Defendants. ) _________________________________ ) 2:13-cv-01183-HDM-VCF ORDER On September 18, 2014, the court entered a preliminary 24 injunction freezing the Suzukis’ assets (ECF No. 183). 25 allowed a limited exception to the freeze for “normal living 26 expenses and legal fees.” 27 defendants have expended at least $1,717,090.24 in attorney’s fees, 28 $8,447.86 for general living expenses, and $5,821.59 for Id. at 17. 1 The order Since that date, the 1 preservation of assets. 2 response to the plaintiffs’ request that the court modify the 3 injunction to limit or eliminate the attorney’s fee carve-out, the 4 court directed the Suzukis to provide the court with a reasonable 5 monthly limit for attorney’s fees. 6 the Court Dated May 2, 2106)). 7 on May 17, 2016, suggests a monthly limit of $90,000.00 for 8 attorney’s fees, $40,000.00 of which would be for this litigation 9 alone (ECF No. 439). (ECF No. 355). On May 2, 2016, in (See ECF No. 424 (Minutes of The schedule filed by the Suzukis The schedule further proposes a monthly limit 10 of $10,000.00 for preservation of assets, and indicates that at the 11 time of filing the Suzukis had $66,838.99 in outstanding invoices 12 for preservation of assets. 13 provides any sort of detail as to these expenditures. 14 Id. Nothing filed by the Suzukis The amounts sought in the schedule filed on May 17, 2016, are 15 unreasonable and are not authorized by the provision of the 16 injunction allowing payment of reasonable fees relating to this 17 litigation only. 18 injunction that allows payment of normal living expenses and legal 19 fees, the Suzukis may pay up to $10,000.00 per month for attorney’s 20 fees relating to this litigation only and up to $5,000.00 per month 21 for expenses related to the preservation of assets. 22 shall file monthly accountings with the court detailing any such 23 expenditures. 24 and all persons and entities under the control of or acting in 25 concert with either of them are prohibited from using any of the 26 assets or expending any of the funds that are the subject of the 27 injunction in excess of the amounts set forth above without prior 28 authorization of the court. Accordingly, pursuant to the provision of the The Suzukis The Suzukis and their agents and representatives, All requests for excess expenditures 2 1 shall be submitted to the court for consideration, and the court, 2 after considering any objection by the plaintiffs, may increase the 3 amount authorized by this order for good cause shown. 4 request shall contain an itemization of the funds expended 5 sufficient for the court to determine the reasonableness of the 6 expenditures. 7 IT IS SO ORDERED. 8 DATED: This 30th day of June, 2016. 9 10 ____________________________ UNITED STATES DISTRICT JUDGE 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 3 Any such

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