Securities and Exchange Commission v. Fujinaga et al

Filing 344

ORDER Granting 337 Motion for an order approving and authorizing payment of fees. FURTHER ORDERED that the receiver's motion for an order finding notice to creditors to be sufficient under Local Rule 66-5 is GRANTED. Signed by Judge James C. Mahan on 6/22/16. (Copies have been distributed pursuant to the NEF - JM)

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1 2 3 4 UNITED STATES DISTRICT COURT 5 DISTRICT OF NEVADA 6 *** 7 8 9 10 SECURITIES AND EXCHANGE COMMISSION, Case No. 2:13-CV-1658 JCM (CWH) ORDER Plaintiff(s), v. 11 EDWIN YOSHIHIRO FUJINAGA and MRI INTERNATIONAL, INC., et al., 12 Defendant(s). 13 14 Presently before the court is receiver Robb Evans & Associates LLC’s (hereinafter 15 “receiver”) motion for order approving and authorizing payment of receiver’s and professionals’ 16 fees and expenses and motion for order granting relief from Local Rule 66-5 pertaining to notice 17 of creditors. (ECF No. 337). 18 The receiver first requests an order approving and authorizing payment of receivership fees 19 and expenses incurred for the period from January 1, 2016, through March 31, 2016, (“expense 20 period”). (ECF No. 337). This includes fees for the receiver’s deputies, agents and staff, in the 21 amount of $60,288.20, its expenses in the amount of $496.12, business entity expenses in the 22 amount of $7,899.23 and expenses relating to the estate’s real property in the amount of 23 $143,410.67. (Id.). It also includes fees to Lynch Law Practice, PLLC in the amount of $34,589.70, 24 and its expenses in the amount of $1,187.56. This brings the total receiver’s fees and expenses 25 incurred in the expense period to $247,871.48. (Id.). 26 The motion sets out the receiver’s services and activities during the expense period as well 27 as the law supporting an award of the requested fees. (ECF No. 337). District of Nevada Local 28 Rule 7-2(d) provides that “the failure of an opposing party to file points and authorities in response James C. Mahan U.S. District Judge 1 to any motion shall constitute a consent to the granting of the motion.” LR 7-2(d). The court will 2 therefore grant the instant unopposed motion. 3 The receiver next requests an order “deeming notice of this Motion to be sufficient under 4 Local Civil Rule 66-5 based on the service of this Motion on all known non-consumer creditors of 5 the estate, but not the tens of thousands of potential consumer creditors of the estate.” (ECF No. 6 337). 7 Local Rule 66-5 provides that unless the court otherwise orders, the receiver shall give all 8 interested parties and creditors at least fourteen (14) days’ notice of the time and place of hearings 9 on applications for fees of the receiver. D. Nev. R. 66-5(d). The court has not scheduled a hearing 10 on the instant motion, and finds that it is unnecessary to do so. 11 However, to the extent that Local Rule 66-5 applies here, the court finds that the receiver 12 has given sufficient notice to creditors under the rule. The receiver filed the instant motion on the 13 public CM/ECF docket in this case. The court set response deadlines for the motions. These 14 deadlines have now passed and no response or other objection has been filed by any party. 15 Good cause appearing, the court will grant the motions. 16 Accordingly, 17 IT IS HEREBY ORDERED, ADJUDGED AND DECREED that the receiver’s motion for 18 an order approving and authorizing payment of fees, (ECF No. 337), be, and the same hereby is, 19 GRANTED. 20 IT IS FURTHER ORDERED that the receiver’s motion for an order finding notice to 21 creditors to be sufficient under Local Rule 66-5, (ECF No. 337), be, and the same hereby is, 22 GRANTED. 23 DATED June 22, 2016. 24 25 __________________________________________ UNITED STATES DISTRICT JUDGE 26 27 28 James C. Mahan U.S. District Judge -2-

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