Securities and Exchange Commission v. Chen et al

Filing 201

ORDER granting Receiver's 198 Motion for Attorney Fees and for Receiver's Fees. The Court APPROVES on an interim basis the the described fees and costs. The court AUTHORIZES the Receiver to disburse $1,571.48 to Foster Garvey. The court AUTHORIZES the Receiver to disburse $12,589.60 to the Receiver. Signed by Judge James L. Robart. (LH)

Case 2:17-cv-00405-JLR Document 201 Filed 02/15/23 Page 1 of 3

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UNITED STATES DISTRICT COURT
WESTERN DISTRICT OF WASHINGTON
AT SEATTLE

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SECURITIES AND EXCHANGE
COMMISSION,

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v.

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Plaintiff,

Defendants.

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ORDER

ANDY SHIN FONG CHEN, et al.,

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CASE NO. C17-0405JLR

Before the court is the fifth quarterly application for compensation and
reimbursement of expenses of: (1) Receiver Geoffrey B. Winkler (“the Receiver”) in the
amounts of $15,726.50 in fees and $10.50 in costs; and (2) the Receiver’s counsel, Tara J.
Schleicher and Foster Garvey P.C. (collectively, “Foster Garvey”), in the amounts of
$1,964.35 in fees and $0 in costs. (5th Fee App. (Dkt # 198); 5th Fee Notice (Dkt.
# 199).) The Receiver and Foster Garvey seek an order authorizing disbursement of 80%
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ORDER - 1

Case 2:17-cv-00405-JLR Document 201 Filed 02/15/23 Page 2 of 3

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of the total requested fees and costs. (See 5th Fee App.) No party has filed an opposition

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to the foregoing fee application. (See generally Dkt.)

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The court finds that the fees and costs represented in the instant fee application are

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reasonable and necessary, notice of the fee application was appropriate, the services

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provided were of substantial benefit to the estate, and the fee application is in accord with

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the court’s order appointing a receiver (Order Appt. Receiver (Dkt. # 130) ¶¶ 55-59).

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Accordingly, the court GRANTS the fee application (Dkt. # 198) listed above and
APPROVES on an interim basis the following fees and costs:
Applicant:
Foster Garvey

The Receiver

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Period:
October 1,
2022, through
December 31,
2022
October 1,
2022, through
December 31,
2022

Fees:
$1,964.35

Costs:
$0

Total:
$1,964.35

$15,726.50

$10.50

$15,737.00

The court further ORDERS that the Receiver is authorized to disburse 80% of the

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foregoing approved fees and costs at this time to the foregoing respective applicants, as

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described below:

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(1) The court AUTHORIZES the Receiver to disburse $1,571.48 to Foster

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Garvey.

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(2) The court AUTHORIZES the Receiver to disburse $12,589.60 to the Receiver.

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//

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//

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ORDER - 2

Case 2:17-cv-00405-JLR Document 201 Filed 02/15/23 Page 3 of 3

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Dated this 15th day of February, 2023.

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A

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JAMES L. ROBART
United States District Judge

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ORDER - 3