Securities and Exchange Commission v. Rex Venture Group, LLC et al
Filing
195
ORDER granting #194 application for fees and expenses. Signed by Senior Judge Graham Mullen on 3/7/2014. (blf)
IN THE UNITED STATES DISTRICT COURT FOR THE
WESTERN DISTRICT OF NORTH CAROLINA
CHARLOTTE DIVISION
SECURITIES AND EXCHANGE
COMMISSION,
Plaintiff,
Civil Action No. 3:12 cv 519
vs.
REX VENTURES GROUP, LLC
d/b/a ZEEKREWARDS.COM, and
PAUL BURKS,
Defendants.
ORDER
Upon consideration of the Application for Fees and Expenses by the Receiver and
His Advisors for the Fourth Quarter of 2013, filed February 14, 2014 (the “Application”),
and for good cause shown, IT IS ORDERED, ADJUDGED AND DECREED that:
1.
The Receiver’s Application is GRANTED.
2.
The Receiver and McGuireWoods LLP SHALL BE AWARDED an
allowance of $1,164,462.53 (of which $232,892.51 will be held back pending further
petition to and approval by the Court) for legal services rendered during the
Compensation Period set forth in the Application, and $84,492.00 for the
reimbursement of expenses incurred during the same period.
3.
FTI Consulting, Inc. SHALL BE AWARDED an allowance of
$588,554.00 (of which $117,708.80 will be held back pending further petition to and
approval by the Court) for services rendered during the Compensation Period, and
$5,581.94 for reimbursement of expenses incurred during the same period.
4.
The Receivership Estate IS HEREBY AUTHORIZED to immediately
pay such amounts and reimburse McGuireWoods LLP and FTI Consulting, Inc. for
approved expenses.
Signed: March 7, 2014
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