Federal Trade Commission v. Lombardo, Daniels & Moss, LLC et al

Filing 55

ORDER granting 53 Receiver's Motion/Application for Fees and Expenses. Signed by District Judge Robert J. Conrad, Jr on 10/5/18. (Pro se litigant served by US Mail.)(clc)

IN THE UNITED STATES DISTRICT COURT
FOR THE WESTERN DISTRICT OF NORTH CAROLINA
CHARLOTTE DIVISION
3:17-CV-503-RJC-DCK
FEDERAL TRADE COMMISSION,
Plaintiff,
v.
LOMBARDO, DANIELS & MOSS, LLC, et
al.,
Defendants.

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ORDER

THIS MATTER comes before the Court on Kenneth D. Bell’s (“Receiver”)
Application for Fees and Expenses by the Receiver and His Advisors, (Doc. No. 53),
and the Federal Trade Commission’s (“FTC”) Non-Opposition to Receiver’s
Application for Fees and Expenses, (Doc. No. 54).

In the Motion, Receiver and

Receiver’s counsel McGuire Woods LLP (“MW”) seek allowance of compensation and
reimbursement of expenses incurred by the Receiver and MW during the period the
Receivership was in place.
Specifically, Receiver contends that Receiver and MW attorneys and
paraprofessionals have expended a total of 126 hours working on this matter, which
represents $52,769.21 in legal fees and expenses. (See Doc. No. 53-1, Ex. A). The
Receiver and MW seek allowance of compensation for these services rendered in the
amount of $24,364.32, which is the full amount collected and frozen in this matter.
To the extent other Receivership Assets are located and collected in the future, the

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Receiver asks that the Court authorize payment of those funds to MW for the fees
and expenses incurred up to the total amount of $52,769.21.
After reviewing the Fee Application and accompanying exhibit and noting that
no objections have been made by the FTC, the Court finds that the Receiver and MW
have established that they are entitled to the amount requested. For the reasons
outlined in the Receiver’s Application, the Court hereby GRANTS the Receiver’s
Application for Fees and Expenses. Specifically, the Court orders that the Receiver
and MW be awarded an allowance of $24,634.32 for legal services rendered during
the course of the Receivership and that the Receivership Estate be allowed to pay
such amount to reimburse McGuireWoods LLP for approved expenses. And to the
extent other Receivership Assets are located and collected in the future, the Court
authorizes payment of those funds to MW for the fees and expenses incurred up to
the total amount of $52,769.21. Upon payment of such sums, this case shall be
dismissed with prejudice.
SO ORDERED.

Signed: October 5, 2018

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