Opinion
2:15-CV-07425-RGK-PLA
06-15-2021
Securities and Exchange Commission v. Steve Chen
Present: The Honorable R. GARY KLAUSNER, UNITED STATES DISTRICT JUDGE
CIVIL MINUTES - GENERAL
Proceedings: (IN CHAMBERS) Order to Show Cause Why Payment of Fees Should Not be Reduced
Over the past two quarters, the amount hi gross receipts recovered by the Receiver for the receivership estate has diminished such that the amount in fees requested has outpaced the amount recovered by a substantial margin. The Court orders Receiver Thomas Seaman and Allen Matkins Leek Gamble Mallory & Natsis LLP to show cause in writing why the fees requested in the Applications filed at DE 460 and DE 461 should not be reduced. The responses shall address only the work performed dining the time period between June 30, 2020 and December 31, 2020. Additionally, the responses shall be filed no later than June 23, 2021, and limited to ten (10) pages each.
IT IS SO ORDERED.