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Securities and Exchange Commission v. Vassallo

UNITED STATES DISTRICT COURT EASTERN DISTRICT OF CALIFORNIA SACRAMENTO


June 5, 2009

SECURITIES AND EXCHANGE COMMISSION, PLAINTIFF
v.
ANTHONY VASSALLO, ET AL, DEFENDANTS.

The opinion of the court was delivered by: Honorable Lawrence K. Karlton

ORDER GRANTING RECEIVER'S MOTION FOR COURT AUTHORIZATION TO EMPLOY ATTORNEYS, ACCOUNTANTS AND CONSULTANTS [E. Dist. Cal. L.R. 66-232(g)] Date: June 8, 2009 Time: 10:30 a.m. Courtroom: 4

The motion of Receiver Stephen E. Anderson for Court authorization to employ attorneys, accountants and consultants, came on regularly for hearing in Courtroom 4 of the above-entitled Court on June 1, 2009, at 10:30 a.m., the Honorable Lawrence K. Karlton presiding. The Court having considered the papers submitted in support of and in opposition to such motion, and the arguments of counsel and for good cause shown,

IT IS HEREBY ORDERED that Receiver's motion IS GRANTED. Receiver is hereby authorized to engage the following attorneys, accountants and consultants at the rates indicated, retroactive to the date of his initial appointment:

(1) Futterman & Dupree LLP (Primary and California Counsel) Jamie L. Dupree, $370.00/hour Martin H. Dodd, $385.00/hour Jaime E. Godin, $265.00/hour Legal Assistants and Case Clerks, $90-165.00/hour

(2) Stephan A. Werth, CPA, $175.00/hour

(3) Cindi Sherrod, Consultant, $35.00/hour

(4) Parsons, Smith & Stone LLP (Idaho counsel) Randolph C. Stone, $170.00/hour

IT IS FURTHER ORDERED that Receiver is hereby authorized to utilize the services of other attorneys and staff at the authorized law firms provided that the billing rates of those attorneys and staff are commensurate with the rates authorized herein. Notwithstanding this order, the actual compensation of the persons employed by Receiver shall be fixed by the Court in conformity with Local Rule 66-232(g).

IT IS SO ORDERED.

20090605

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