Schooler

Securities and Exchange Commission v. Schooler

Good Law
United States District Court, Southern District of CaliforniaDecember 14, 20203:12-cv-02164California1,421 words

Opinion

Trial Court Opinion

I. BACKGROUND

25 A. Receiver 26 In the Thirty-Second Fee Application, the Receiver asserts that he incurred 27 $17,244.00 in fees and $87.30 in costs for the application period covering April 1, 2020 28 through June 30, 2020 (“Application Period”). ECF No. 1786 at 2. The breakdown of the fees amassed is as follows: Category Total General Receivership $272.25 Asset Investigation & Recovery $0.00 Reporting $1,383.75 Operations & Asset Sales $15,588.00 Claims & Distributions $0.00 9 Legal Matters & Pending Litigation $0.00 10 Total $17,244.00

12 Id. at 3–4. Receiver now seeks payment of 80% of fees incurred, amounting to 13 $13,795.20, and 100% of the costs, which account for postage and copies. ECF No. 14 1786-3, Ex. C. 15 B. Allen Matkins 16 In the Thirty-Second Interim Fee Application, Allen Matkins asserts that it 17 incurred $18,934.20 in fees during the Application Period. ECF No. 1787 at 2. The 18 breakdown of the fees amassed is as follows: 19 Category …

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