Judge: Serena R. Murillo, Case: BC551112, Date: 2023-09-25 Tentative Ruling

Case Number: BC551112    Hearing Date: October 26, 2023    Dept: 31

TENTATIVE

Receiver’s Application for Appointment of Staff and Counsel is GRANTED.

Discussion

On February 7, 2023, this Court appointed Peter S. Davis as the Receiver. The order noted that the Receiver is empowered to hire, employ, or retain accountants, food scientists, investigators, computer consultants, and other personnel or employees as needed, subject to court approval, to aid in the Receiver’s analysis and performance of his duties. The Receiver and members of his staff shall be compensated at rates set forth in a fee schedule which shall be circulated after the appointment, and the Receiver shall be entitled to reimbursement for all costs advanced.

Receiver requests that the hourly rate of compensation for the Receiver be set at $680 per hour. Receiver also requests that the Court approve the Receiver’s use of the Receiver’s firm, J.S. Held, to provide professional support services in aid of the Receiver’s analysis and performance of his duties. Receiver requests that J.S. Held be reimbursed for all reasonable costs and expenses incurred on behalf of Receiver and that it be compensated as provided in the Engagement Agreement:

Receiver also requests that the Court approve Receiver’s engagement of counsel. Receiver has, subject to this Court’s approval, entered into an Engagement Agreement with Perkins Coie LLP. Receiver requests that Perkins Coie LLP be approved as general counsel. Hourly rates, after accounting for a 10% courtesy discount, for the primary attorneys expected to work on this matter are set forth as follows:

There being no opposition, Receiver’s Application for Appointment of Staff and Counsel is granted.

Conclusion

Accordingly, Receiver’s Application for Appointment of Staff and Counsel is GRANTED.

Moving party is ordered to give notice.