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Case 1:14-cv-01002-CRC Document 79-2 Filed 05/19/15 Page 1 of 3
IN THE UNITED STATES DISTRICT COURT
FOR THE DISTRICT OF COLUMBIA
SECURITIES AND EXCHANGE COMMISSION,
Case No. 1:14-cv-01002 (CRC)
Plaintiff,
v.
LAWRENCE P. SCHMIDT; FUTUREGEN
COMPANY d/b/a FUTUREGEN CAPITAL;
COMMERCIAL EQUITY PARTNERS, LTD.;
FGC DISTRESSED ASSETS INVESTMENT #1,
LLC; FUTUREGEN CAPITAL DDA CG FUND
LLC; FGC TAX LIEN FUND #2, LLC; FGC
TRADING FUND #1 LLC; FGC SPE NO 1 LLC;
FGC SPE NO 2 LLC; AND FGC CM NOTE
FUND LLC,
Defendants.
ORDER APPROVING RECEIVER’S THIRD INTERIM FEE APPLICATION
This matter is before the Court on the Motion for Approval of Third Interim Fee
Application for the period from January 1, 2015 through March 31, 2015 (the “Motion”) filed by
Marion A. Hecht of CliftonLarsonAllen, LLP, the permanent Receiver appointed in the abovecaptioned case (the “Receiver”). The Court, having considered the Motion and all papers and
pleadings filed in support thereof, for good cause appearing,
Case 1:14-cv-01002-CRC Document 79-2 Filed 05/19/15 Page 2 of 3
IT IS ORDERED THAT:
1.
The Motion is GRANTED in its entirety.
2.
Payment to CliftonLarsonAllen LLP (“Clifton”) in the amount of $121,459.20 for
the services of the Receiver and for accounting and other services in support of the Receiver
performed during the period January 1, 2015 through March 31, 2015, representing eighty
percent (80%) of Clifton’s total fee of $151,824.00, is APPROVED and may be paid by the
Receiver at this time; and
3.
Payment to Clifton in the amount of $162.23 for expenses incurred during the
period January 1, 2015 through March 31, 2015, representing eighty percent (80%) of Clifton’s
total expenses of $202.79, is APPROVED and may be paid by the Receiver at this time; and
4.
Payment to Receiver’s Counsel, Whiteford, Taylor & Preston, L.L.P. (“Receiver’s
Counsel”), in the amount of $34,027.20 for services performed during the period January 1, 2015
through March 31, 2015, representing eighty percent (80%) of Receiver’s Counsel’s total fee of
$42,534.00, is APPROVED and may be paid by the Receiver at this time; and
5.
Payment to Receiver’s Counsel in the amount of $348.18 for out-of-pocket
expenses incurred during the period January 1, 2015 through March 31, 2015, representing
eighty percent (80%) of Receiver’s Counsel’s total expenses of $435.23 is APPROVED and may
be paid by the Receiver at this time; and
6.
Payment to Receiver’s Special District of Columbia Counsel, Law Offices of Eric
Howell Sayles, P.L.L.C. (“Receiver’s Special DC Counsel”), in the amount of $2,448.00 for
services performed during the period January 1, 2015 through March 31, 2015, representing
eighty percent (80%) of Receiver’s Special DC Counsel’s total fee of $3,060.00, is APPROVED
and may be paid by the Receiver at this time; and
Case 1:14-cv-01002-CRC Document 79-2 Filed 05/19/15 Page 3 of 3
7.
Payment to Receiver’s Special DC Counsel in the amount of $13.16 for out-of-
pocket expenses incurred during the period January 1, 2015 through March 31, 2015,
representing eighty percent (80%) of Receiver’s Special DC Counsel’s total expenses of $16.45
is APPROVED and may be paid by the Receiver at this time; and
8.
Payment to Receiver’s Special Nevada Counsel, Leach Johnson Song & Gruchow
(“Receiver’s Special NV Counsel”), in the amount of $6,822.80 for services performed during
the period January 1, 2015 through March 31, 2015, representing eighty percent (80%) of
Receiver’s Special NV Counsel’s total fee of $8,528.50, is APPROVED and may be paid by the
Receiver at this time; and
9.
Payment to Receiver’s Special NV Counsel in the amount of $97.48 for out-of-
pocket expenses incurred during the period January 1, 2015 through March 31, 2015,
representing eighty percent (80%) of Receiver’s Special NV Counsel’s total expenses of $121.85
is APPROVED and may be paid by the Receiver at this time.
10.
Payment to Receiver’s Special Illinois Counsel, Flamm, Teibloom & Stanko, Ltd.
(“Receiver’s Special IL Counsel”), in the amount of $870.40 for services performed during the
period January 1, 2015 through March 31, 2015, representing eighty percent (80%) of Receiver’s
Special IL Counsel’s total fee of $1,088.00, is APPROVED and may be paid by the Receiver at
this time; and
IT IS SO ORDERED, this ____ day of May, 2015.
__________________________
Christopher R. Cooper,
United States District Judge