Securities and Exchange Commission v. Gina Champion-Cain and ANI Development, LLC

Summary

The United States District Court for the Southern District of California granted a motion to seal a portion of the fifteenth interim fee application of Receiver's counsel. The court also approved, on an interim basis, the Receiver's and Allen Matkins's requested fees and expenses and authorized payment from receivership assets.

Holdings

1. The motion to seal was granted because the court reviewed the document and found good cause to maintain it under seal.
2. The court approved the Receiver's and Allen Matkins's fifteenth interim fee applications and allowed the specified fees and costs on an interim basis.
3. The Receiver was authorized and directed to pay herself $19,620.12 in fees and $1,871.93 in costs, and to pay Allen Matkins $102,204.72 in fees and $7,476.15 in costs, from receivership-estate assets.

Questions Presented

1. Whether good cause supported sealing the portion of Allen Matkins's fifteenth interim fee application lodged under seal.
2. Whether the Receiver's and Allen Matkins's fifteenth interim applications for fees and reimbursement of expenses should be approved on an interim basis.
3. Whether the Receiver should be authorized to pay herself and Allen Matkins the specified interim amounts from receivership-estate assets.

Disposition

other