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

Filing 86

ORDER granting 82 Motion for Compensation and Reimbursement. Receiver is authorized to pay Applicant the sum of $14,554.50 as accountant's fees in this matter for the period of 2/1/2010 through 10/29/2010. Signed by District Judge Richard Voorhees on 12/29/2011. (cbb)

IN THE UNITED STATES DISTRICT COURT
FOR THE WESTERN DISTRICT OF NORTH CAROLINA
STATESVILLE DIVISION
CASE NO. 5:08-CV-136-RLV
SECURITIES AND EXCHANGE COMMISSION, )
)
Plaintiff,
)
)
v.
)
)
BILTMORE FINANCIAL GROUP, INC.,
)
and J.V. HUFFMAN JR.,
)
)
Defendants.
)
__________________________________________)

ORDER

THIS MATTER, before the Court upon William Walt Pettit’s Application for the
Compensation and Reimbursement of Middleswarth, Bowers & Co. LLP (“Applicant”) (Doc.
82), filed March 31, 2011; and
It appearing to the Court that all parties in interest were given proper notice of the
Application and that no party in interest filed an objection thereto;
It further appearing to the Court that Applicant, as accountant for the Receiver, has
rendered valuable services for Defendants J.V. Huffman Jr. and Biltmore Financial Group, Inc.,
from February 1, 2010, through October 29, 2010, and that Applicant should be paid for services
rendered during said time, along with expenses;
It further appearing to the Court that under the standards for compensation, Applicant’s
fees are fair and reasonable;

1

NOW, THEREFORE, IT HEREWITH IS ORDERED, ADJUDGED AND
DECREED that the Receiver be authorized to pay Applicant the sum of Fourteen Thousand
Five Hundred Fifty-Four and 50/100 Dollars ($14,554.50) as accountant’s fees in this matter, for
the above-specified period of time.
Signed: December 29, 2011

2