Securities and Exchange Commission v. Straightpath Venture Partners, LLC et al

Filing 474

ORDER APPROVING TENTH INTERIM APPLICATION OF BERKELEY RESEARCH GROUP, LLC FOR ALLOWANCE OF COMPENSATION AND REIMBURSEMENT OF EXPENSES INCURRED DURING THE PERIOD OCTOBER 1, 2024 THROUGH AND INCLUDING DECEMBER 31, 2024 granting 461 Motion for Atto rney Fees. ORDERED that the Interim Application for the period covering October 1, 2024 through December 31, 2024 (the "Application Period") is granted; and it is further ORDERED that the fees requested by BRG for the Applicat ion Period are allowed on an interim basis in the amount of $34,197.60 (the "Allowed Fees"); and it is further ORDERED that BRG's request for reimbursement of its out-of-pocket expenses for the Application Period is allowed on an interim basis in the amount of $11.45 (the "Allowed Expenses"); and it is further ORDERED that the Receiver will not pay any portion of the Allowed Fees or Allowed Expenses until farther Court Order authorizing the payment of the Allowed Fees and Allowed Expenses, except for the Holdback Amount, which unless otherwise approved by the Court will not be paid until the conclusion of the Receivership if and to the extent allowed by the Court. SO ORDERED. (Signed by Judge Lewis A. Kaplan on 3/12/2025) (ar) Transmission to Finance Unit (Cashiers) for processing.

Case 1:22-cv-03897-LAK

Document 462

U ITED STATES DISTRICT COURT
SOUTHERN DISTRICT OF EW YORK
---------------------------------------------------------------X
SECURITIES AND EXCHANGE COMMISSION, :

Filed 02/14/25

Page 1 of_2 _

USDC SONY
DOCUMENT
ELECTRONICALLY FILED
DOC #: ----=----:-::---:--7--11/
DATE FILED:3 -/_) - ,J-6.

Plaintiff,
No. 1:22-cv-03897-LAK

-v-

STRAIGHTPATH VENTURE PARTNERS LLC,
STRAIGHTPATH MANAGEMENT LLC,
BRIAN K. MARTINSEN,
MICHAEL A. CASTILLERO,
FRANCINE A. LANAIA, and
ERIC D. LACHOW,
Defendants.

---------------------------------------------------------------X

tPROPUSED]
ORDER APPROVING TENTH I TERIM APPLICATIO OF BERKELEY RESEARCH
GROUP, LLC FOR ALLOWANCE OF COMPENSATION AND
REIMBURSEMENT OF EXPENSES INCURRED DURING
THE PERIOD OCTOBER 1, 2024 THROUGH AND INCLUDING DECEMBER 31, 2024

THIS MATTER coming before the Court on the Tenth Interim Application of Berkeley
Research Group, LLC ("BRO") as tax advisor to Melanie L. Cyganowski, the court appointed
receiver herein (the "Receiver"), for Allowance of Compensation and Reimbursement of Expenses
Incurred During the Period October 1, 2024 through December 31, 2024 (the "Interim
Application") 1 [Dkt. No. l.{CI ]; and the Court having considered the Interim Application and
exhibits and other documents filed in support of the Interim Application; and the Court having
found that the Interim Application complies with applicable standards for awarding fees and
expenses; and after due deliberation and for good and sufficient cause shown; it is hereby

1 Capitalized terms utilized but not otherwise defined herein shall have the meaning ascribed to them in the Interim

Application.

Case 1:22-cv-03897-LAK

Document 462

Filed 02/14/25

Page 2 of 2

ORDERED that the Interim Application for the period covering October 1, 2024 through
December 31, 2024 (the "Application Period") is granted; and it is further
ORDERED that the fees requested by BRG for the Application Period are allowed on an
interim basis in the amount of$34,197.60 (the "Allowed Fees"); and it is further
ORDERED that BRG's request for reimbursement of its out-of-pocket expenses for the
Application Period is allowed on an interim basis in the amount of $11 .45 (the "Allowed
Expenses"); and it is further
ORDERED that the Receiver will not pay any portion of the Allowed Fees or Allowed
Expenses until further Court Order authorizing the payment of the Allowed Fees and Allowed
Expenses, except for the Holdback Amount, which unless otherwise approved by the Court will
not be paid until the conclusion of the Receivership if and to the extent allowed by the Court.
SO ORDERED.
Dated:

J/

f V , 2025
New York, New York
Hon. Lewis A. Kapla
United States District Judg

2