Securities and Exchange Commission v. Rex Venture Group, LLC et al
Filing
534
ORDER granting #528 Motion/Application for Fees and Expenses for First Quarter of 2016. The Receivership Estate IS HEREBY AUTHORIZED to immediately pay such amounts and reimburse McGuireWoods LLP and FTI Consulting, Inc. for approved expenses. Signed by Senior Judge Graham Mullen on 6/30/2016. (Pro se litigant served by US Mail.)(eef)
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 First Quarter of 2016, filed June 13, 2016 (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 $513,250.93 (of which $102,650.19 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 $53,735.68 for the
reimbursement of expenses incurred during the same period.
3.
FTI Consulting, Inc. SHALL BE AWARDED an allowance of
$156,640.50 (of which $31,328.10 will be held back pending further petition to and
approval by the Court) for services rendered during the Compensation Period, and
$529.88 for the 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: June 30, 2016
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