Opinion
Case No. BK-03-52103-GWZ.
January 16, 2004
BECKLEY SINGLETON, CHTD., KAARAN E. THOMAS (State Bar No. 007193), DAVID C. McELHINNEY (State Bar No. 000033), Reno, Nevada, Counsel for Committee of Equity Security Holders.
NICHOLAS STROZZA, ASSISTANT U.S. TRUSTEE, WILLIAM B. COSSITT, OFFICE OF THE UNITED STATES TRUSTEE, Reno NV, Attorneys for United States Trustee William T. Neary.
The United States Trustee ("Trustee") and Providence Capital, Inc. ("PCI") hereby stipulate and agree as follows:
PCI filed its First Quarterly Interim Fee Application (the "Application") on December 30, 2003, seeking fees in the amount of $319,355.00 and expenses of $9,586.03.
Trustee informally objected to allowance of the full amount of the fees sought in the Application.
Trustee and PCI wish to resolve Trustee's objections to the Application by stipulating that the fees shall be reduced by $45,000 so that the total fees awarded to PCI pursuant to the Application are $274,355.00.
The total amount of fees and expenses to be awarded to PCI shall be $283,941.03.
Approved and Agreed:
IT IS SO ORDERED