USACM Liquidating Trust v. Placer County Land Speculators, LLC et al

Filing 725

ORDER Granting 713 MOTION (Verified) for an Order Modifying Receiver's Compensation Established in the Order Appointing Receiver filed by Elli M.A. Mills, MBA. Signed by Judge Kent J. Dawson on 2/5/13. (Copies have been distributed pursuant to the NEF - EDS)

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Case 2:08-cv-01276-KJD-RJJ Document 722 1 2 3 4 5 Filed 02/05/13 Page 1 of 2 PAUL J. PASCUZZI, CA State Bar No. 148810 FELDERSTEIN FITZGERALD WILLOUGHBY & PASCUZZI LLP 400 Capitol Mall, Suite 1750 Sacramento, CA 95814 Telephone: (916) 329-7400 Facsimile: (916) 329-7435 ppascuzzi@ffwplaw.com Attorneys for Elli M. A. Mills, J.D., MBA, Receiver 6 7 8 UNITED STATES DISTRICT COURT 9 DISTRICT OF NEVADA 10 USACM LIQUIDATING TRUST, Plaintiff, 11 v. 12 13 14 Civil Action No. 2:08-cv-01276-KJD-RJJ PLACER COUNTY LAND SPECULATORS, LLC, aka PLACER COUNTY LAND INVESTORS, LLC; et al, 15 Date: Time: Judge: January 30, 2013 9:00 a.m. Hon. Kent J. Dawson Defendants 16 ORDER MODIFYING RECEIVER’S COMPENSATION ESTABLISHED IN THE ORDER APPOINTING RECEIVER 17 18 19 Upon consideration of the Motion of Receiver for an Order Modifying Receiver’s 20 Compensation Established in the Order Appointing Receiver [Docket No. 713] (the “Motion”), 21 after a hearing on proper notice, the Court having considered the Motion and arguments, and 22 good cause appearing, 23 IT IS ORDERED that: 24 1. The Motion is granted; and 25 2. The Success Fee Provision in paragraph 10 of the Order Appointing Receiver 26 [Docket No. 428] is modified to allow a fee of ¾ of 1% of the sale price up to $6,800,000 plus 27 /// 28 /// -1- ORDER MODIFYING RECEIVER’S COMPENSATION ESTABLISHED IN ORDER APPOINTING RECEIVER Case 2:08-cv-01276-KJD-RJJ Document 722 Filed 02/05/13 Page 2 of 2 1 5% of the net proceeds distributed to the Owners over and above the amount of $2,781,870.30. 2 2/5/13 Dated: __________________ 3 4 ________________________________ United States District Court Judge District of Nevada 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 -2- ORDER MODIFYING RECEIVER’S COMPENSATION ESTABLISHED IN ORDER APPOINTING RECEIVER

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