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R
ECEIVER
’
S
M
OTION FOR
A
PPROVAL OF
I
NTERIM
F
EE
A
PPLICATION AND
P
ROCEDURES FOR
F
UTURE
C
OMPENSATION OF
F
EES AND
E
XPENSESAND
B
RIEF IN
S
UPPORT
IN THE UNITED STATES DISTRICT COURTFOR THE NORTHERN DISTRICT OF TEXASDALLAS DIVISIONSECURITIES AND EXCHANGE COMMISSION,Plaintiff,v.STANFORD INTERNATIONAL BANK, LTD., ET AL.,Defendants.§§§§§§§§Case No.: 3-09-CV-0298-N
RECEIVER’S MOTION FOR APPROVAL OF INTERIM FEE APPLICATION ANDPROCEDURES FOR FUTURE COMPENSATION OF FEES AND EXPENSES ANDBRIEF IN SUPPORT
B
AKER
B
OTTS L
.
L
.
P
.910 LouisianaHouston, Texas 77002-4995(713) 229-1234(713) 229-1522 (Facsimile)T
HOMPSON
&K
NIGHT LLP
1722 Routh StreetDallas, Texas 75201(214) 969-1700(214) 969-1751 (Facsimile)
ATTORNEYS FOR RECEIVER RALPH S. JANVEY
Case 3:09-cv-00298-N Document 384 Filed 05/15/2009 Page 1 of 51
R
ECEIVER
’
S
M
OTION FOR
A
PPROVAL OF
I
NTERIM
F
EE
A
PPLICATION AND
P
ROCEDURES FOR
F
UTURE
C
OMPENSATION OF
F
EES AND
E
XPENSES
Page i
AND
B
RIEF IN
S
UPPORT
T
ABLE OF
C
ONTENTS
T
ABLE OF
A
UTHORITIES
.............................................................................................................iiiI.B
ACKGROUND
......................................................................................................2A.The first task of the Receivership was to find and secure Estateassets and records.....................................................................................2B.This Receivership is large and very complex............................................3C.The Receiver is successfully managing the Estate for the benefit of all claimants.............................................................................................6D.Substantial work remains to be done but will increase the assetsavailable for distribution to claimants.......................................................9II.R
EQUEST FOR
A
PPROVAL OF
F
EES
T
HROUGH
A
PRIL
12,2009..............................10A.The Court should approve the payment of all reasonable andnecessary professional fees and expenses...............................................11B.The fees and expenses are reasonable and necessary in light of theextraordinary complexity and difficulties of this case.............................141.Krage & Janvey L.L.P................................................................152.Baker Botts
L
.
L
.
P
........................................................................173.Thompson & Knight
LLP
............................................................224.FTI Forensic and Litigation Consulting, Inc...............................255.Ernst & Young ..........................................................................286.Financial Industry Technical Services, Inc..................................317.Strategic Capital Corporation.....................................................318.Pierpont Communications Inc.....................................................339.3-4 South Square........................................................................3310.Roberts & Co.............................................................................3511.Altenburger................................................................................3512.Osler, Hoskin & Harcourt
LLP
....................................................37
Case 3:09-cv-00298-N Document 384 Filed 05/15/2009 Page 2 of 51
R
ECEIVER
’
S
M
OTION FOR
A
PPROVAL OF
I
NTERIM
F
EE
A
PPLICATION AND
P
ROCEDURES FOR
F
UTURE
C
OMPENSATION OF
F
EES AND
E
XPENSES
P
AGE
ii
AND
B
RIEF IN
S
UPPORT
13.Liskow & Lewis.........................................................................3814.Dudley, Topper and Feuerzeig,
LLP
............................................38C.The fees requested by the Receiver are in line with other cases..............39III.R
EQUEST
F
OR
A
PPROVAL
O
F
P
ROCEDURE
F
OR
R
EVIEW
O
F
F
UTURE
C
OMPENSATION
O
F
F
EES
A
ND
E
XPENSES
............................................................40IV.A
NTICIPATED
F
UTURE
W
ORKLOAD
F
OR
R
ECEIVER
A
ND
R
ETAINED
P
ROFESSIONALS
.................................................................................................42V.C
ONCLUSION
......................................................................................................45C
ERTIFICATE OF
C
ONFERENCE
...................................................................................................47C
ERTIFICATE OF
S
ERVICE
..........................................................................................................47
Case 3:09-cv-00298-N Document 384 Filed 05/15/2009 Page 3 of 51
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