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

Filing 677

ORDER granting ECF No. 671 Stipulation re Payment of Attorneys Fees and Costs Incurred by Suzuki Enterprises, Inc. Profit Sharing Plan During April 2017. Signed by Judge Howard D. McKibben on 5/8/2017. (Copies have been distributed pursuant to the NEF - DRM)

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1 2 3 4 5 6 7 GREGG ZUCKER, ESQ. Cal. Bar No. 166692 (pro hac vice) Email: gregg@foundationlaw.com FOUNDATION LAW GROUP LLP 2049 Century Park E., Suite 2460 Los Angeles, CA 90067 Telephone: (310) 979-7561 Facsimile: (310) 979-8701 Attorneys for Defendant Suzuki Enterprises, Inc. Profit Sharing Plan 8 9 10 11 12 13 14 15 ROBERT A. RABBAT, ESQ. Nevada Bar No. 12633 Email: rrabbat@enensteinlaw.com ENENSTEIN RIBAKOFF LAVIÑA & PHAM 3960 Howard Hughes Parkway, Suite 280 Las Vegas, NV 89169 Telephone: (702) 468-0808 Facsimile: (702) 920-8228 Attorneys for Defendant Suzuki Enterprises, Inc. Profit Sharing Plan 16 UNITED STATES DISTRICT COURT 17 18 DISTRICT OF NEVADA 19 20 21 SHIGE TAKIGUCHI, et. al, Individually and On Behalf of All Others Similarity Situated, 22 23 Plaintiffs, v. 24 25 26 27 MRI INTERNATIONAL, INC., EDWIN J. FUJINAGA, JUNZO SUZUKI, PAUL MUSASHI SUZUKI, LVT, INC., dba STERLING ESCROW, and DOES 1-500, Case No.: 2:13-cv-01183-HDM-NJK ORDER RE PAYMENT OF ATTORNEYS FEES AND COSTS INCURRED BY SUZUKI ENTERPRISES, INC. PROFIT SHARING PLAN DURING APRIL 2017 28 Defendants. STIPULATION AND ORDER RE PAYMENT OF ATTORNEYS FEES INCURRED BY SUZUKI ENTERPRISES, INC., PROFIT SHARING PLAN DURING APRIL 2017 1 2 3 WHEREAS Defendant Suzuki Enterprises, Inc. Profit Sharing Plan (the “Plan”) and Plaintiffs are collectively referred to herein as the “Parties”; WHEREAS on December 2, 2016, the Court issued its order [550] (“Order 4 re Fees”) approving the Stipulation re Payment of Attorneys’ Fees [549] 5 (“Stipulation re Fees”), providing a procedure for payment of legal fees and costs 6 from Plan funds that are presently subject to the preliminary injunction [183] 7 issued by this Court; 8 9 WHEREAS the Plan incurred legal fees and costs in April 2017, in the amount of $6,274.12, for coordinating global settlement discussions, negotiating 10 with Plaintiffs, communications with multiple counsel and Plan fiduciaries 11 regarding settlement issues, and preparing an Answer and Initial Disclosures on 12 behalf of the Plan; 13 14 WHEREAS such fees and costs are payable as follows:  $3,748.50 payable to Foundation Law Group, LLP, lead counsel for 15 the Plan, focusing on settlement discussions with Plaintiffs and 16 coordination of global settlement discussions; and 17 18  $2,525.62 payable to Enenstein Ribakoff LaViña & Pham, local counsel for the Plan, focusing on document preparation; 19 WHEREAS the Plan’s invoices are attached hereto as Exhibit “A”; 20 WHEREAS the Parties have communicated a mutual desire to avoid the 21 necessity of a formal motion for attorneys’ fees through this Stipulation; 22 NOW, therefore, the Parties stipulate that: 23 1. Payment of the Plan’s legal fees and expenses for the month of April 2017, in the total amount of $6,274.12, shall be made from the funds held by LPL Financial for the benefit of the Plan with the specific breakdown of this total amount below; 24 25 26 27 28 2. $3,748.50 of the funds held by LPL Financial for the benefit of the Plan shall be unfrozen and released from the preliminary injunction [183] and paid to Foundation Law Group LLP; 2 STIPULATION AND ORDER RE PAYMENT OF ATTORNEYS FEES INCURRED BY SUZUKI ENTERPRISES, INC., PROFIT SHARING PLAN DURING APRIL 2017 1 2 3 4 5 6 3. $2,525.62 of the funds held by LPL Financial for the benefit of the Plan shall be unfrozen and released from the preliminary injunction [183] and paid to Enenstein Ribakoff LaViña & Pham; 4. The remaining funds held by LPL Financial for the benefit of the Plan shall remain frozen and subject to the preliminary injunction [183] pending a further application for payment of attorneys’ fees and expenses; and 7 8 9 10 11 5. Payment of attorneys’ fees and expenses for the month of April 2017 (per items 2 and 3 above) shall be made from cash on hand that is held in the name of the Plan. DATED this 3rd day of May, 2017 DATED this 3rd day of May, 2017 MANNING & KASS ELLROD RAMIREZ, TRESTER LLP ENENSTEIN RIBAKOFF LAVIÑA & PHAM By: /s/ James E. Gibbons Attorneys for Plaintiffs By: /s/ Robert A. Rabbat Attorneys for Suzuki Enterprises, Inc., Profit Sharing Plan DATED this 3rd day of May, 2017 DATED this 3rd day of May, 2017 LAW OFFICES OF ROBERT W. COHEN, A.P.C. FOUNDATION LAW GROUP LLP By: : /s/ Robert W. Cohen Attorneys for Plaintiffs By: /s/ Gregg D. Zucker Attorneys for Suzuki Enterprises, Inc., Profit Sharing Plan 12 13 14 15 16 17 18 19 20 21 22 23 24 25 ORDER PURSUANT TO STIPULATION, IT IS SO ORDERED. 26 27 28 DATED this ____ day of ___________, 2017. May 8th _________________________________ 3 STIPULATION AND ORDER RE PAYMENT OF ATTORNEYS FEES INCURRED BY SUZUKI ENTERPRISES, INC., PROFIT SHARING PLAN DURING APRIL 2017

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