Securities and Exchange Commission v. Biltmore Financial Group, Inc. et al

Filing 44

ORDER granting 43 Motion for Attorney Fees. Receiver is authorized to pay Kellam & Pettit, P.A. the sum of $59,088.00 as attys' fees along with expenses of $836.01 for the period of time from 2/11/2009 through 6/26/2009. Signed by District Judge Richard Voorhees on 7/31/2009. (cbb)

UNITED STATES DISTRICT COURT WESTERN DISTRICT OF NORTH CAROLINA STATESVILLE DIVISION 5:08cv136 SECURITIES AND EXCHANGE COMMISSION, Plaintiff, ) ) ) ) v. ) ) BILTMORE FINANCIAL GROUP, ) INC., and J. V. HUFFMAN, JR., ) ) Defendants. ) ___________________________________ )

ORDER

THIS CAUSE, coming on to be heard and being heard before Richard L. Voorhees, United States District Court Judge for the Western District of North Carolina, upon the Application of the law firm of Kellam & Pettit, P.A. for Compensation and Reimbursement of Expenses as Counsel for the Receiver; and It appearing to the Court that all parties in interest were given proper notice of the Application of the Firm of Kellam & Pettit, P.A. for Compensation and Reimbursement of Expenses as Counsel for the Receiver and that no party in interest filed an objection thereto; and It further appearing to the Court that Kellam & Pettit, P.A. as counsel for the Receiver has rendered valuable legal services as Receiver for Defendants J.V. Huffman, Jr. and Biltmore Financial Group, Inc. from February 11, 2009 through June 26, 2009 and that the firm should be paid for services rendered during said time, along with their expenses; and It further appearing to the Court that under the standards set for compensation, Kellam & Pettit, P.A.'s fees are fair and reasonable.

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NOW, THEREFORE, IT IS ORDERED, ADJUDGED AND DECREED that the Receiver be and he herewith is authorized to pay to Kellam & Pettit, P.A. the sum of $59,088.00 as attorneys' fees in this matter, along with expenses in the sum of $836.01 for the period of time from February 11, 2009 through June 26, 2009.

Signed: July 31, 2009

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