Securities & Exchang v. Dowdell, et al

Filing 934

ORDER granting in part and denying in part 931 Motion for allowance of compensation and expenses for Receiver; adopting 933 Report and Recommendations for 933 Report and Recommendations,. Signed by Judge Norman K. Moon on 2/20/2013. (mab)

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IN THE UNITED STATES DISTRICT COURT FOR THE WESTERN DISTRICT OF VIRGINIA CHARLOTTESVILLE DIVISION SECURITIES AND EXCHANGE COMMISSION, CIVIL ACTION NO. 3:01-CV-00116 Plaintiff, v. ORDER TERRY L. DOWDELL, ET AL., JUDGE NORMAN K. MOON Defendants. Upon receipt and consideration of the Thirty-Sixth Interim Application for Allowance of Compensation and Expenses for Receiver and Counsel for Receiver (the “Thirty-Sixth Interim Application”), I referred the matter, pursuant to 28 U.S.C. § 636(b)(1), to United States Magistrate Judge B. Waugh Crigler for a report and recommended disposition. Judge Crigler has now issued his Report and Recommendation (the “Report”) regarding the Thirty-Sixth Interim Application. Upon review of the record, and no objection having been filed to the Magistrate Judge’s Report within fourteen days of its service upon the parties, I hereby ADOPT the Report (docket no. 933) in its entirety, and the Thirty-Sixth Interim Application (docket no. 931) is GRANTED, in part, and DENIED, in part, to the following extent: expenses in the amount of $85.16 are approved; the Receiver’s fees in the amount of $20,132.70 are approved; and the Receiver is awarded the holdback in the amount of $3,713.59. It is so ORDERED. The Clerk of the Court is directed to send a certified copy of this order to all counsel of record and to United States Magistrate Judge B. Waugh Crigler. 20th Entered this ________ day of February, 2013.

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