case 9:03-cv-80612-kam document 2987 entered on flsd docket 09/22/2015 ...€¦ · date of this...

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF FLORIDA

IN RE:

1.

2.

3.

4.

5.

6.

7.

8.

SECURITIES AND EXCHANGE COMMISSION, Plaintiff,

VS.

MICHAEL LAUER, LANCER MANAGEMENT GROUP, LLC and LANCER MANAGEMENT GROUP II, LLC,

Defendants, and LANCER OFFSHORE, INC., LANCER PARTNERS, LP, OMNIFUND, L TO., LSPV, INC. and LSPV, LLC,

Relief Defendants. I

Case No.: 03-<!0612-CIV-MARRA

SUMMARY OF TWENTY THIRD AND FINAL APPLICATION FOR COMPENSATION OF FEES AND COSTS OF ACCOUNTANTS FOR THE RECEIVER

Name of 'applicant: Berkowitz Pollack Brant.Advisors and Accountants

Role of applicant: Accountants for the Receiver

Name of certifying professional: Scott M. Bouchner

Date case filed: July 10, 2003

Date of application for employment:

Date of order approving employment:

Date of this application: September 22, 2015

Dates of services covered: August 11, 2003 through August 18, 2015

Case 9:03-cv-80612-KAM Document 2987 Entered on FLSD Docket 09/22/2015 of 44

Fees ...

10. Total fee requested for this period (from Exhibit 1)

11. Balance remaining in fee retainer account, not yet awarded

12. Fees paid or advanced for this period, by other sources

13. Net amount of fee requested for this period

Expenses ...

14. Total expense reimbursement requested for this period

15. Balance remaining in expense retainer account, not yet received

16. Expenses paid or advanced for this period, by other sources

17. Net a,mount of expense reimbursements requested for this period

18. Gross award requested for this period (#10 + #14)

19. Net award requested for this period (#13 + #17)

20. If Final Fee Application, amounts of net awards requested in interim applications but not previously awarded ("Holdbacks")

21. Total fee and expense award requested (#19 + #20):

History of Fees and Expenses

1. Dates, sources, and amounts of retainers received:

Dates Sources Amounts For Fees or costs?

2. Dates, sources, and amounts of third party payments received:

Dates Sources Amounts For Fees or costs?

Case No.: 03-80612-CIV-MARRA

Current Cumulative 12/1113-8/18/15 8/11/03:8/18/15

$ 128,864.00 $ 5,618,178.20

$ 128,864.00 $ 5,618,178.20

$ 51.88 $ 10,787.08

$ 51.88 $ 10,787.08

$ 128,915.88 $ 5,628,965.28

$ 128,915.88 $ 5,628,965.28

$ 458,803.97

$ 587,719.85

$

$


3. Prior fee and expense awards:

First interim application

Dates covered by first application: August 11, 2003 through September 30, 2003

Amount of fees requested:

Amount of expenses requested:

Amount of fees awarded:

Amount of expenses awarded:

. Amount of fee retainer authorized to be used:

Amount of expense retainer authorized to be used:

Fees award, net of retainer:

Expense award, net of retainer:

Date of first award:

Amount of fees actually paid:

Amount of expenses reimbursement actually paid:

Portion of fees requested but not awarded, which applicant wishes to defer to final fee application:

Portion of expenses requested but not awarded, which applicant wishes to defer to final fee application:

$

$

$

$

$

$

Prior Fee Awards

79,359.00

79,359.00

79,359.00

February 5, 2004

79,359.00

Case No.:

Prior Expense Awards

$ 1,596.37

$ 1,596.37

$

$ 1,596.37

$ 1,596.37

$

03-80612-CIV-MARRA


Second interim application

Dates covered by second application: October 1, 2003 through November 30, 2003





Amount of fee retainer authorized to be used:




Date of second award:





$

$

$

$

$

$

' ~- -~:; .

Prior Fee Awards

194,754.00

194,754.00

194,754.00

March 26, 2004

194,754.00

Case No.:

Prior E?Cpense Awards

$ 37.06

$ 37.06

$

$ 37.06

$ 37.06

$

03-80612-CIV-MARRA


Third interim applic~tion

Dates covered by third application: December 1, 2003 through January 31, 2004









Date of third award:





$

$

$

$

$

$

Prior Fee Awards

119,920.00

119,920.00

119,920.00

May 10, 2004

119,920.00

Case No.:


$ 1,290.19

$ 1,290.19

$

$ 1,290.19

$ 1,290.19

$

03-80612-CIV-MARRA


Fourth interim application

Dates Covered by fourth application: February 1, 2004 through March 31, 2004









Date of fourth award:





-,_:~

$

$

$

$

$

$

Prior Fee Awards

309,401.00

309,401.00

309,401.00

October 26, 2004

309,401.00

Case No.:


$

$

$

$

$

$

03-80612-CIV-MARRA


Fifth interim application

Dates covered by fifth application: April1, 2004 through May 31, 2004









Date of fifth award:





$

$

$

$

$

Prior Fee Awards

197,840.50

197,840.50

197,840.50

March 29, 2005

197,840.50

Case No.:


$

$

$

$

$

$

03-80612-CIV-MARRA


Sixth interim application

Dates covered by sixth application: June 1, 2004 through November 30, 2004









Date of sixth award:





$

$

$

$

$

$

Prior Fee Awards

1,230,900.00

1,107,810.00

December 2, 2005

1,107,810.00

123,090.00

Case No.:


$

$

$

$

$

$

03-80612-CJV-MARRA


Seventh interim application

Dates covered by seventh application: December 1, 2004 through March 31, 2005









Date of seventh award:



Portion of fees requested but not awarded, which applicant wishes to defer to final fee applicati~n:


$

$

$

$

$

$

Prior Fee Awards

678,263.00

610,436.70

December 2, 2005

610,436.70

67,826.30

Case No.:


$

$

$

$

$

$

03-80612-CIV-MARRA


Eighth interim application

Dates covered by eighth application: April1, 2005 through September 30, 2005

Amount of fees requested: $


Amount of fees awarded: $


Amount of fee retainer authorized to be used: $


Fees award, net of retainer: $


Date of eighth award:

Amount of fees actually paid: $


Portion of fees requested but not awarded, which applicant $ wishes to defer to final fee application:


Prior Fee Awards

473,356.00

426,020.40

426,020.40

March 28, 2006

426,020.40

47,335.60

Case No.:


$

$

$

$

$

$

03-80612-CIV-MARRA


Ninth interim application

Dates covered by ninth application: October 1, 2005 through May 31, 2006









Date of ninth award:





$

$

$

$

$

$

Prior Fee Awards

590,778.50

531,700.65

531,700.65

November 20, 2006

531,700.65

59,077.85

Case No.:


$

$

$

$

$

$

03-80612-CIV-MARRA


Tenth interim application

Dates covered by tenth application: June 1, 2006 through October 31, 2006









Date of tenth award:





Prior Fee Awards

239,646.00

215,681.40

215,681.40

March 30, 2007

215,681.40

23,964.60

Case No.:


$ 3,100.66

$ 3,100.66

$

$ 3,100.66

$ 3,100.66

$

03-80612-CIV-MARRA


Eleventh interim application

Dates covered by eleventh application: November 1, 2006 through March 31, 2007









Date of eleventh award:





$

$

$

$

$

Prior Fee Awards

132,201.50

118,981.35

118,981.35

July 16, 2007

118,981.35

13,220.15

Case No.:


$ 82.35

$ 82.35

$

$ 82.35.

$ 82.35

$

03-80612-C IV-MARRA


Twelfth interim application

Dates covered by twelfth application: April 1, 2007 to August 31, 2007









Date of twelfth award:





$

$

$

$

$

Prior Fee Awards

153,111.50

153,111.50

153,111.50

December 21, 2007

137,800.35

15,311.15

Case No.:


$ 593.00

$ 593.00

$

$ 593.00

$ 593.00

$

03-80612-CIV-MARRA


.Thirteenth interim application

Dates covered by thirteenth application: September 1, 2007 to January 31,2008









Date of thirteenth award:


Amount of expenses reimbursement actually paid: $



Prior Fee Awards

141,399.00

127,259.10

127,259.10

April 9, 2008

127,259.10

14,139.90

Case No.:

Prior ExpensE3 Awards

$ 60.00

$ 60.00

$

$ 60.00

$ 60.00

$

03-80612-CIV-MARRA


Fourteenth interim application

Dates covered by fourteenth application: February 1, 2008 to April 30, 2008









Date of fourteenth award:





$

$

$

Prior Fee Awards

101,561.40

91,405.26

91,405.26

July 2, 2008

$ 91,405.26

$ 10,156.14

Case No.:


$ 30.00

$ 30.00

$

$ 30.00

$ 30.00

$

03-80612-CIV-MARRA


Fifteenth interim application

Dates covered by fifteenth application: May 1, 2008 to October 31 , 2008









Date of fifteenth award:





$

$

$

Prior Fee Awards

156,507.50

140,856.75

140,856.75

March 31, 2009

$ 140,856.75

$ 15,650.75

Case No.:


$ 1,048.04

$ 1,048.04

$

$ 1,048.04

$ 1,048.04

$

03-80612-CIV-MARRA


Sixteenth interim application

Dates covered by Sixteenth application: November 1, 2008 to March 31, 2009









Date of sixteenth award:





$

$

$

Prior Fee Awards

114,550.40

103,095.36

103,095.36

June 11, 2009

$ 103,095.36

$

$ 11,455.04

Case No.:


$ 53.40

$ 53.40

$

$ 53.40

$ 53.40

$

03-80612-CIV-MARRA


Seventeenth interim apPlication

Dates covered by Seventeenth application: April1, 2009 to October 31, 2009









Date of seventeenth award:





$

$

$

Prior Fee Awards

108,195.50

97,375.95

97,375.95

June 9, 2010

$ 97,375.95

$

$ 10,819.55

Case No.:


$ 676.41

$ 676.41

$

$ 676.41

$ 676.41

$

03-80612-CIV-MARRA


Eighteenth interim application

Dates covered by Eighteenth application: November 1, 2009 to July 31, 2010









Date of Eighteenth award:





$

$

$

Prior Fee Awards

105,677.10

95,109.39

95,109.39

March 22, 2011

$ 95,109.39

$

$ 10,567.71

Case No.:


$

$

$

$

$

$

03-80612-CIV-MARRA


Nineteenth interim application

Dates covered by Nineteenth application: August 1, 2010 to December 31,2010









Date of Nineteenth award:




Portion of expenses reque:sted but not awarded, which applicant wishes to defer to final fee application:

$

$

$

Prior Fee Awards

84,072.80

75,665.52

75,665.52

March 30, 2011

$ 75,665.52

$

$ 8,407.28

Case No.:


$ 997.80

$ 997.80

$

$ 997.80

$ 997.80

$

03-80612-CIV-MARRA


Twentieth interim application

Dates covered by Twentieth application: January 1, 2011 to July 31, 2011









Date of Twentieth award:





$

$

$

Prior Fee Awards

101,843.10

91,658.79

91,658.79

December 5, 2011

$ 91,658.79

$ 544.95

$ 10,184.31

Case No.:


$ 544.95

$ 544.95

$

$ 544.95

$

03-80612-CIV-MARRA


Twenty First interim application

Dates covered by Twenty First application: August 1, 2011 to March 31, 2012









Date of Twenty First award:





$

$

$

Prior Fee Awards

79,728.00

71,755.20

71,755.20

August24,2012

$ 71,755.20

$ 442.47

$ 7,972.80

Case No.:


$ 442.47

$ 442.47

$

$ 442.47

$

03-80612-CIV-MARRA


Twenty Second interim application

Dates covered by Twenty Second application: April1, 2012 to November 30, 2013









Date of Twenty Second award:





$

$

$

Prior Fee Awards

96,248.40

86,623.56

86,623.56

May 14, 2014

$ 86,623.56

$ 182.50

$ 9,624.84

Case No.:


$ 182.50

$ 182.50

$

$ 182.50

$

03-80612-CIV-MARRA


UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF FLORIDA

SECURITIES AND EXCHANGE COMMISSION

Plaintiff,

v.

MICHAEL LAUER, LANCER MANAGEMENT GROUP, LLC, and LANCER MANAGEMENT GROUP II, LLC,

Defendants,

and

LANCER OFFSHORE, INC., LANCER PARTNERS, LP, OMNJFUND, L TO., LSPV, INC., and LSPV, LLC,

Relief Defendants.

------------------------~'

Case No. 03-80612 CJV-MARRA

TWENTY THIRD AND FINAL APPLICATION FOR COMPENSATION OF FEES AND COSTS OF ACCOUNTANT FOR RECEIVER

Berkowitz Pollack Brant Advisors and Accountants ("BPB")1, accountant to the court-

appointed receiver (the "Receiver") of Lancer Management Group, LLC ("Lancer''), Lancer

Management Group II, LLC ("Lancer II"), Lancer Offshore, Inc. ("Offshore"), Omnifund, Ltd.

("Omnifund"), LSPV, Inc. ("Offshore LSPV") and LSPV, LLC ("Partners LSPV") ("Partners

LSPV", together with Offshore, Omnifund, and Offshore LSPV the "Receivership Funds"),

Alpha Omega Group, Inc. ("Alpha Omega") and G.H. Associates, LLC ("G.H. Associates"),

and formerly the person in control of Lancer Partners, L.P. ("Partners"), hereby requests the

1 The firm name changed subsequent to the filing of the Twenty First Interim Application, from Berkowitz Dick Pollack & Brant Certified Public Accountants and Consultants, LLP to s:rkowitz Pollack Brant Advisors and Accountants.

----- -- .... _,


Case No. 03-80612 CIV-MARRA

Court to enter an order approving: (1) all fees for services rendered by BPB in this

Receivership; and (2) all expenses incurred by BPB in this proceeding.

Throughout this Receivership, the Court has approved on an interim basis twenty

two fee applications of BPB, with fees totaling $5,489,314.20 and expenses totaling

$10,735.20. Pursuant to previous orders of this Court, the Receiver paid these amounts to

BPB.

By this Application, BPB seeks final compensation of previously unbilled fees for

services rendered and reimbursement of expenses incurred from December 1, 2013

through August 18, 2015 (the "Current Period") of $128,864.00 and $51.88, respectively.

BPB also seeks final compensation of those fees previously authorized on an interim basis

and paid by the Receiver from August 11, 2003 through November 30, 2013 (the "Prior

Period") of$5,489,314.20 and $10,735.20, respectively.

On October 21, 2005, BPB entered into a letter agreement with the Group Plaintiff

[DE 1102, 1152] (the "Agreement") by which it consented to a holdback of 10% of fees

requested in interim fee applications.2 As such, a total of $458,803.97 was withheld froni

Prior Periods (the "Holdbacks"). Thus, the total amount requested by BPB on a final basis

include (1) fees and expenses from the Current Period of $128,864.00 and $51.88,

respectively; (2) fees and expenses from the Prior Period of $5,489,314.20 and $10,735.20,

respectively; and (3) the Hold backs of $458,803.97, for a final award of fees in the amount

of $6,076,982.17 and expenses in the amount of $10,787.08.

2 By the Agreement, expenses incurred are not subject to the 10% holdback.

2



DESCRIPTION OF SERVICES

A. During the Current Period, BPB has rendered necessary services for and on behalf

of the receivership estate, as set forth below. Because disclosure of detailed time entries

would be detrimental to and undermine the Receiver's efforts in the Receivership, the daily

time records of BPB have been redacted where necessary. At the Court's request, BPB will

immediately make the time records available to the Court ex parte for an in camera

inspection.

The following categories describe the services rendered, and summarize the fees

requested, by BPB during the Current Period:

1 Data Analysis 100.5 hours $ 36,687.50

Description- Tasks in this category involved time on the following projects:

• Continued analysis of books and records for the Receivership entities. • Continued analysis of interfund trading activity between various Lancer funds. • Research and analysis of Lancer related transactions with certain Portfolio Companies. • Analysis of post-Receivership securtties activity. • Analysis of claims data. • Analysis of investor information.

2 Fee I Employment Applications 62.4 hours $ 21,632.00

3 Receivership Accounting 291.6 hours $ 67,499.50

4 Tax Issues 8.7 hours $ 3,045.00

Total 463.2 hours $ 128,864.00

3



B. During the Prior Period, BPB rendered necessary services for and on behalf of the

receivership estate. The following categories describe the services rendered, and

summarize the fees requested, by BPB during the Prior Period:

1 Accounting I Auditing 2,640.2 hours $ 457,698.00

Description - Investigation and review of historical documentation supporting accounting transactions of non-fund receivership entities and Lancer insiders, including Lancer Management Group, Lancer Management Group II, G.H. Associates, Alpha Omega Group, Mchael Lauer and Eric Hauser. Prepare and maintain books and records of non-fund receivership entities. Review documentation provided by the Funds' Administrators and conversion of 7 years of paper accounting records into a useable electronic format. Recreation of converted accounting records into searchable database, including general ledgers, supporting subledgers and bank account information.

2 Case Administration 874.7 hours $ 203,978.50

Description - Engagement management, preparation of project management and staffing schedules, engagement team status meetings, preparation of ·planning documents and status reports, meetings and coordination of open issues with counsel, conference calls, and discussion of case matters. Evaluation of technology needs in connection with development and analysis of data.

3 Citco Litigation 96.6 hours $ 27,542.50

Description- Assist Receiver in preparation of complaint including preparation of supporting analysis and verification of allegations; Analysis of administrative fees; Review of memorandum regarding electronic production; valuation analysis; review of em ails and work papers.

4 Claims Administration I Objections 2,046.6 hours $ 406,971.00

Description -Summarization and organization of pertinent documents provided to the Receiver in order to review whether the documents support the claims filed. Review and analysis of 525 proofs of claim forms submitted to Receiver and review of supporting documentation. Creation of claims database containing all pertinent information submitted on claim and to administer claims. Comparison of claims to investor files maintained by the Funds' administrators in order to assist counsel to assess the validity of submitted claims. Reconciliation and tracing of claims submitted by individual investors to investor nominees on record with the Funds. Evaluation of claims filed and recommendation regarding disposition of claim. Continued update of claims log and claims analysis and investigation and refinement of schedule of net redeemer investors.

4



5 Data Analysis 10,712.7 hours $ 2,011,877.25

Description- Tasks in this category involved time on the following projects:

• Detailed review, preparation and analysis of prime brokerage account transaction database • Preparation and analysis of books and records for the Receivership entities. • Creation and updating of a database of transactions entered into by Receivership entities. • Analysis of database to identify and account for duplicate transactions. • Analysis of Letters of Authorization (for wire transfers) received from prime broker in order to update master transactions database. • Analysis of debt and equity instruments and review of supporting documentation. • Review and analysis of operational activity of portfolio companies. • Analysis of payments and outflows of cash from the Receivership entities to insiders, portfolio companies and third parties. • Compilation of investor information. • Detailed analysis of trading activity for specific portfolio companies invested in by the Receivership entities. • Analysis and review of supporting documentation of private transactions entered into by the ReceivershiP entities. • Analysis of Inter-fund trading activity between various Lancer hedge funds. • Analysis of SEC "Blue Sheets Data" & NASD Market Maker reports • Research and analysis of Lancer related party transactions with certain portfolio companies. • Research of Lancer Offshore Net Asset Value disclosures on the Irish stock exchange. • Analysis of portfolio-company accounting records to identify suspicious payments of amounts funded by Lancer. • Analysis and flow charting transactions between portfolio-companies with Lancer traced money. • Identification and analysis of portfolio company valuation and price manipulation issues. • Analysis of post-Receivership securities activity. • Analysis and compilation of investor register and investor documents for OmniFund, Orbiter and Viator • Analysis of the incentive fees and management fees paid and accrued

• Cash flow analysis of all transactions for all Lancer Offshore funds, ancillary entities, and Mchael Lauer. • Reconciliation of cash flows among alternative data sources .

. • Investigation and refinement of schedule of net redeemer investors. •Investigation and analysis of potential claims by Lancer entities against portfolio companies in Initial Public Offering litigation. • Analysis of timing of contribution and redemption activity. • Substantive consolidation analysis

6 Discovery Matters 692.6 hours $ 105,939.75

Description- Review documentation produced by third parties. Assist Receiver to prepare additional document requests, subpoenas and rvbtions to compel production of documents. Assist receiver with electronic discovery issues. Analysis of discovery issues related to forensic investigation. Establishment of protocols regarding the tracking of subpoenas issued and management of documents received in response to subpoenas. Assist receiver with electronic discovery issues.

7 Document Management 846.9 hours $ 116,191.50

Description- Creation of an email database to track and follow up on receivership projects and discovery requests; review and analysis of em ails produced and identification of correspondence relevant to issues identified by Receiver's counsel

5

~- -. ·'



8 Document Review 3,890.2 hours $ 503,811.50

Description - .Assist counsel in the retrieval of documents pertaining to Receivership Entities' portfolio company holdings. Documents produced by the Receivership Entities and third parties were reviewed, indexed, categorized and organized by portfolio company.

The Funds' administrators' documents and records were produced on ten CD RO!Vls, which were printed, indexed, organized and filed as they would be kept in the ordinary .course of business. This resulted in the creation of 135 binders, containing financial recOrds and investor files with supporting indices. Illegible reports and missing investor files were identified. A detailed review and analysis or these records was performed, including: • Organization of investor files by category-- subscription, redemption or equalization information. • Review and analysis of e-m ails produced and identification of correspondence relevant to issues identified by Receiver's counsel. • Analysis of records, including but not limited to management fees, incentive fees, restricted stock and private placements. •Identification of sources of information to be utilized in reconciling fund administrators' records to cash accounts.

9 Fee I Employment Applications 472.9 hours $ 114,130.50

Description- Preparation of fee applications.

10 Fraudulent Transfer Litigation 741.8 hours $ 116,304.50

Description - Identification, review and analysis of documents and records related to specific payments made by Receivership entities. Preparation of schedules identifying such payments to be used by Receiver in identification of potential targets of avoidance actions.

11 Litigation Consulting 3,549.3 hours $ 769,881.25

Description : Investigation, analysis, and identification of issues regarding potential litigation against third parties. Work performed in connection with third party litigation includes the following:

Analysis of reports, records, correspondence and other documentation produced by third party services providers. • Assist counsel to Receiver in the preparation of Complaints filed against service providers. • Review and analysis of valuation memoranda, business appraisals and other documentation produced in connection

with valuation of portfolio companies. Analysis of standards applicable to service providers. Analysis of trading activity for various portfolio companies owned by Offshore Funds. Analysis of restricted stock purchased by Offshore Funds. Analysis of intercompany transfers, private equity transactions and private debt transactions entered into by Offshore

Funds. • Analysis of payments made to service providers. • Research and investigation of numerous issues raised by counsel to Receiver in connection with potential litigation

against third parties. • Research and analysis of ERISA regulations potentially impacting litigation against third parties. • Assist Receiver in preparation of PWC complaint including preparation of supporting analysis and verification of

allegations. • Analysis in connection with potential avoidance actions

12 Receivership Accounting 1,813.0 hours $ 355,235.50

Description - Analysis of Lancer Fund financial statements, preparation of schedules- and indexing of work papers in support of Receiver's affidavit, preparation of memorandum in support of Receiver's affidavit, preparation of exhibits to Receiver's affidavit, review of Receiver's affidavit and conference calls with Receiver and attorneys. Preparation Of schedules and work papers in support of Receive~s 130 reports. Monthly analysis of Receivership bank account statements and preparation of quarterly financial reports.

6



13 SEC/Department of Justice Investigation 240.0 hours $ 37,872.00

Description- Respond to requests for information made by the United States Securities and Exchange Commission and United States Department of Justice. Participated in meetings and conference calls with these agencies.

14 Tax Issues 1,225.3 hours $ 241,249.05

Description - Review and preparation of Receivership entity tax returns; Reconciliation of tax returns and work papers produced by tax accountants for Lancer; Review and analysis of tax issues for Receivership entities.

15 Tax- Lancer Receivership Class Action QSF 17.9 hours $ 3,197.90

Description - Preparation and review of tax returns; Review and analysis of tax issues

16 Tax- Lancer Receivership Class- CITCO QSF 8.0 hours $ 1,344.50

Description- Preparation and review of tax returns; Review and analysis of tax issues

17 Witness Interviews 69.6 hours $ 16,089.00

Description - Preparation of interview questions and questions for Lancer accountants; meetings and conference calls with Receiver's attorneys and investigators in preparation for witness interviews; Interviews of witnesses.

Total 29,938.2 hours $ 5,489,314.20

COMPENSATION:

The determination of fees to be awarded is largely within the discretion of the trial

court. Monaghan v. Hill, 140 F.2d 31 (9th Cir. 1944). This discretion is, however,

predicated on the assumption that careful consideration is given to all evidence of the value

of the accountants' services in the light of the factors relevant to a determination. These

factors are set forth in In re Gypsum Cases, 386 F.Supp. 959 (N.D. Cal. 1974) and In re

Norman v. Housing Authority of City of Montgomery, 836 F.2d 1292 (11th Cir. 1988), as

follows: (1) the time and labor properly employed in the servicing of the case; (2) the quality

of services rendered; (3) the scope of the activity and conspiracy under attack; (4) the

financial risk involved; (5) the magnitude, complexity and novelty of the issues involved; (6)

the beneficial results obtained; and (7) the degree to which, if any, efforts were supported

by prior governmental action. BPB requests the Court to consider these factors in

determining reasonable compensation for the services rendered to date by BPB, as

summarized below:

7



a. Time and Labor Required - The exhibits attached to this application include

the Summary of Twenty Third and Final Application for Compensation of Fees and Costs of

Accountants for the Receiver, Exhibit 1-A Summary of Professional and Paraprofessional

Time, Exhibit 1-B Summary of Professional and Paraprofessional Time by Activity Code

Category and Exhibit 2 Summary of Requested Reimbursement of Expenses and Exhibit 3

Detailed Time Entries I Redacted for the Current Period.

b. Novelty and Difficulty of Services and Skills Requisite to the Accounting. -

The issues presented in this case are novel given the state of the Receivership Entities'

records, or lack of records, the difficulty of the records recovery process, the unavailability

of the Receivership Entities' accounting personnel, the lack of production of records by the

Receivership Entities' third party financial services providers, outside accountants and

auditors and the unique way the Receivership Entities conducted their business affairs. The

experience and capabilities of the professionals involved with this case meet the

requirement of the accounting skills and judgment and experience in the fields of

bankruptcy and related corporate financial and taxation issues and other forensic

accounting and consultation skills required for the successful completion of the objectives of

the Receiver.

c. The Skill Requisite to Perform the Services Properly. BPB has staffed the

engagement with personnel experienced in bankruptcy accounting reporting and disclosure.

d. The Preclusion of Other Employment by the Professional Due to Acceptance

of this Case. BPB has not been precluded from any other employment due to the

acceptance of this case.

e. The Customarv Fee. The customary fee for services of the type rendered.

herein, BPB charges commercial clients on one or more of the following criteria:

reasonable fee for services rendered, hourly charges, or fixed fee. To the extent hourly

8



charges are relevant, BPB commands from commercial clients hourly rates ranging from

$78 an hour to $475 per hour depending on the level of professional skill required

f. Whether the Fee is Fixed or Contingent. The fee is contingent inasmuch as

the Receiver relies upon a Court Order approving the fee. BPB has not entered into any

agreement to fix a fee.

g. Time Limitations Imposed by the Client or Other Circumstances. BPB was

directed to commence work by the Receiver on August 11, 2003 to assist the Receiver in:

the investigation of the manner in which the affairs of the Receivership Entities were

conducted; the determination of what happened to investors' capital contributions; the

investigation of possible preferential transfers and fraudulent conveyances; the adjudication

of investor and creditor claims, the preparation of the Monthly Financial Reports and the

Statement of Financial Affairs and the Schedules required to be filed with the Petition.

While no specific deadlines have been imposed, BPB is working with haste and care to

assist the Receiver.

h. The Amount Involved and the Results Obtained - The above summary,

together with exhibits, details the time, nature and extent of the professional services

rendered by BPB for the benefit of the investors and creditors. BPB has assisted the

Receiver in bringing monies into the estate for distribution and their efforts to bring

anticipated additional funds to be secured.

i. The Experience, Reputation, and Ability of the Professional. BPB is an

established accounting firm comprised of eighteen directors and over 150 personnel. Its

professionals and staff working on this case are experienced in matters of this kind.

Richard A. Pollack has testified as an expert witness in similar matters where accounting

fees were awarded on the same basis as those sought in this application.

- . -: ~ 9



j. Undesirability of Case. This case is not undesirable. BPB is privileged to

have the opportunity to serve the Receiver and appear before the Court in this proceeding.

k. Nature and Length of Professional Relationship With Client. BPB's

relationship with the Receiver began on August 11, 2003.

I. Awards in Similar Cases. The amount requested by BPB is reasonable in

terms of awards in cases of similar magnitude and complexity. The compensation which

BPB requests comports with the mandate of the Bankruptcy Code, which directs that

services be evaluated in light of comparable services performed in non-bankruptcy cases in

the community. Considering the results obtained thus far, this fee request is appropriate.

Likewise, as with all major accounting firms, BPB's overhead expenses are substantial.

Much of the fee, which the Court awards BPB, will merely defray such significant overhead

expenses already incurred and paid during the pendency of this case.

k. Government Support - Although the SEC investigated and filed the initial

pleadings in this case, BPB has assisted the Receiver to secure and protect the assets of

the Receivership Entities and discover the operation of the fraudulent scheme through

investigation and analysis.

10

'- -:- -.'<'-:



CONCLUSION

The Applicant respectfully requests. that this Court enter an order approving on a

final basis all fees and expenses rendered by BPB in this Receivership including: (1)

previously unbilled fees and expenses from the Current Period of December 1, 2013

through August 18, 2015 of $128,864.00 and $51.88, respectively; (2) previously billed and

paid fees and expenses from the Prior Period of August 11, 2003 through November

30, 2013 of $5,489,314.20 and $10,735.20, respectively; and (3) previously billed, but

unpaid Holdbacks of $458,803.97, for a total final award of $6,076,982.17 in fees and

$10,787.08 in expenses. BPB seeks and reserves the right to file a supplemental fee

application for services rendered and costs incurred on behalf of the Receiver to the

conclusion of the Receiver's affairs.

Respectfully submitted,

Berkowitz Pollack Brant Advisors and Accountants Accountants for the Receiver 200 South Biscayne Boulevard, Sixth Floor Miami, FL 33131 Tel: (305) 379-7000 Fax: (305) 379-8200

~v~ Scott M. Bouchner

11


CERTIFICATE OF SERVICE

I HEREBY CERTIFY that a true and correct copy of the foregoing was furnished via

First Class U.S. Mail and/or Electronic Mail as designated upon the parties set forth on the

Master Service List the 22nd day of September, 2015.

By: /s/ Juan C. Enjamio Juan C. Enjamio


LANCER RECEIVERSHIP CASE NO. 03-80612-MARRA/JOHNSON

MASTER SERVICE LIST

Christopher Martin Senior Trial Counsel U.S. Securities & Exchange Commission 801 Brickell Avenue - Suite 1800 Miami, Fl 33131 [email protected]

Michael Lauer 101 West End Ave., Apt. 8P New York, New York 10023 [email protected]

Kjetil Myhrvold TrygVesta Forsikring Folke Bernadottesvei 50 P.O. Box 7070 NO - 5020 Bergen Norway

Kenneth G. M. Mather, Esq. Hinshaw & Culbertson 100 S. Ashley Drive, Suite 830 Tampa, Florida 33602-5348

James Sowka Office of the Assistant United States Trustee 51 SW 1st Avenue - Suite 1204 Miami, FL 33130

Ms. Nina Fiskaaen Controller, Nordea Liv Norge AS Folke Bernadottes vei 38 5147 Fyllingsdalen 1201 Bergen - NORWAY

Gregory L. McClelland McClelland & Anderson LLP 1305 S. Washington Avenue, Suite 102 Lansing, MI 48910

Paul Gentilozzi Rocketsports, Inc. 3400 West Road East Lansing, MI 48823

David Blaylock, Esq. Glankler Brown, PLLC 6000 Poplar Avenue Suite 400 Memphis, TN 38119

Trisha D. Sindler Special Counsel U.S. Securities & Exchange Commission 801 Brickell Avenue - Suite 1800 Miami, Fl 33131

Jimmy Tsakni c/o Shari A. Brandt, Esq. Richard Spears Kibbe & Orbe, LLP One World Financial Center New York, NY 10281

Mr. Morton Sherman 560 Landsdowne Avenue Westmount (Quebec) H3Y 2V6

Frank P. Terzo GrayRobinson, P.A. 1221 Brickell Avenue, Suite 1600 Miami, Florida 33131

Sheldon Toll Law Office of SHELDON S. TOLL PLLC 2000 Town Center, Suite 2100 Southfield, MI 48075

Noah J. Schafler, Esq. The Law Offices of David W. Rubin 600 Summer Street, Suite 201 Stamford, CT 06901

Kenneth B. Robinson, Esq. Rice, Pugatch, Robinson & Schiller, P.A. 101 NE Third Avenue, Suite 1800 Fort Lauderdale, FL 33301

Robert M. Dombroff, Esq. Jonathan Alter, Esq. Bingham McCutchen LLP One State Street Hartford, CT 06103

Barry E. Steiner Ladenburg Thalman & Co. 4400 Biscayne Blvd. , 14th Floor Miami, FL 33137 [email protected]

Ronald B. Ravikoff, Esq. Matthew T. Davidson, Esq. Akerman Senterfitt One Southeast Third Avenue, 25th Floor Miami, FL 33131-1714

Jane Serene Raskin Raskin & Raskin 866 S Dixie Hwy Coral Gables, FL 33146 Counsel for Dean M. Willard

David M. Dorsen, Esq. 2900 K Street, N.W. Suite 500 Washington, DC 20007

Jonathan M. Borg Piteny Hardin Kipp & Szuch LLP 7 Times Square New York, NY 10036-7311

Thomas D. Goldberg Day, Berry & Howard LLP One Canterbury Green Stamford, CT 06901

Barbara H.Katz Law Office of Barbara H. Katz 57 Trumbull Street New Haven, CT 06510

Michael R. Magasin Law Offices of Michael R. Magasin 3415 south Sepulveda Boulevard Penthouse Suite 1200 Los Angeles, CA 90034-6072 Return Mail

Joseph P. Moodhe Debevoise and Plimpton 919 Third Avenue New York, NY 10022

Harold E. Schimkat US Attorney’s Office 99 North East 4th Street, 4th Floor Miami, Fl 33132


Thomas Hanusik, Esq. Criminal Division 1400 New York Avenue NW Washington, D.C. 20530 Return Mail

Thaddeus E. Delonis, CPA 846 Winesap Rochester Hls, MI 48307-6809 Returned Mail

Timothy W. Walsh Piper Rudnick LLP 1251 Avenue of the Americas New York, NY 10020-1104

Garry M. GraberDuetschec/o Joseph Galda, Esq. Corsair Advisors, Inc. 497 Delaware Avenue Buffalo, NY 14202

Leonard H. Hecht 1270 Avenue of the Americas, Suite 214 New York, NY 10020

W. Todd Boyd, Esq. Boyd Mustelier Smith & Parker, P.L. 100 S.E. Second Street. 36th Floor Miami, Florida 33131

Laura E. Ward DLA Piper LLP (US) 100 N. Tampa Street, Suite 2200 Tampa, FL 33602 Counsel for Stamford Resources (US) Ltd.

Leslie Cloyd Berger Singerman, et al. 350 E. Las Olas Boulevard, Suite 1000 Fort Lauderdale, FL 33301-4215

Gerald McHale, Jr. 1601 Jackson Street, Suite 200 Fort Myers, FL 33901

David Newman c/o Timothy E. Hoeffner 1500 Market street 38th Floor Philadelphia, PA 19102-2186

Lawrence S. Block, Esq. Kenmar Group Inc. 900 King Street, Suite 100 Rye Brook, NY 10573 Counsel for Kenmar Advisory Corp., and Kenmar Management Ltd.

Meghan M. Hart Seyfarth Shaw, LLP World Trade Center Eqast Two Seaport Lane Boston, MA 02210 Counsel for Dean M. Willard

Kenneth Marcus 255 East 49 Street Apartment 8B New York, NY 10017

Zi Corporation c/o Milos Djokovic Zi Corporation of Canada, Inc. Suite 2100, 840 - 7 Avenue SW Calgary, Alberta, T2P 3G2 Canada

Burnett, Duckworth & Palmer LLP c/o Doug A. McGillivray Suite 1400, 350-7 Avenue SW Calgary, Alberta, Canada T2P 3N9

Michael Lobsinger Bay No. 4, 12110 40th Street SE Calgary, Alberta, Canada T2Z 4K6

Mark S. Gregory Delphine W. Knight Brown Kelley Drye & Warren LLP Two Stamford Plaza 281 Tresser Boulevard Stamford, CT 06901

Robert B. Lovett Seyfarth Shaw, LLP World Trade Center East, Suite 300 Two Seaport Lane Boston, MA 02210 Counsel for Dean M. Willard

Patricia Beary Office of the U.S. Trustee One Century Tower, Suite 1103 265 Church Street New Haven, CT 06510

Zi Corporation Attn: President Suite 2100, 840 - 7 Avenue SW Calgary, Alberta Canada T2P 3G2

KFP Investors Partnership C/o James M. Nugent, Esq. Harlow, Adams & Friedman, P.C. One New Haven Avenue Millford, CT 06460

Clayton Cunningham P.O. Box 1796 El Segundo, CA 90245 Returned mail

Michael Lauer, pro se 101 West End Ave., Apt. 8P New York, New York 10023

Scott M. Berman, Esq. Anne E. Beaumont, Esq. Friedman, Kaplan,Siiler & Adelman LLP 1633 Broadway , 46th Floor New York, NY 10019-6708 [email protected]/[email protected]

Paul Wallace 9701 S. Bexley Drive Littleton, CO 80126 [email protected]

Christopher Martin Senior Trial Counsel U.S. Securities & Exchange Commission 801 Brickell Avenue - Suite 1800 Miami, Fl 33131

David Cimo Esq. Genovese Joblove & Battista, P.A. Bank of Tower, 36th Floor 100 S.E. 2nd Street Miami, FL 33131 [email protected]

Travis Corder Brown Rudnick Berlack Israels One Financial Center Boston, MA 02111 [email protected]

Bill McCowen Metamora Multi Managers L.L.C. [email protected]

Mr. Helge Syrstad Vesta Forsikring AS P.O. Box 7070 5020 Bergen - NORWAY [email protected]


mailto:[email protected]


Adam Moscowitz David P. Milian, Esq. Harley S. Tropin, Esq. Kozyak Tropin & Throckmorton, P.A. 2525 Ponce de Leon Blvd., FL 9 Coral Gables 33134 [email protected]

Eric A. Henzy, Esq. Reid and Riege, P.C. One Financial Plaza Hartford, CT 06103 [email protected]

Aaron Podhurst, Esq. Podhurst, Orseck, Josefsburg, Eaton, Meadow, Olin & Perwin, P.A. 25 West Flagler Street - Suite 800 Miami, Florida 33130 [email protected]

Joel H. Bernstein, Esq. Labaton Sucharow & Rudoff LLP 140 Broadway 23rd Floor New York NY 10005-1108 [email protected]

Roberto Martinez, Esq. Colson Hicks Eidson P.A. 255 Aragon Avenue, Suite PH Coral Gables, FL 33134-7414 [email protected] Returned Mail

Joseph Matthews, Esq. Colson Hicks Eidson P.A. 255 Alahambra Circle, Suite PH Coral Gables, FL 33134-7414 [email protected]

Carol Felicetta Reid and Riege, P.C. One Financial Plaza, 21st Floor Hartford, CT 06103 Counsel for Equity Committee [email protected]

David L. Snyder, Esq. Neuberger, Quinn, Gielen, Rubin & Gibber One South Street, 27th Floor Baltimore, MA 21202-3282 [email protected]/[email protected]

Rudolph F. Aragon, Esq. White & Case Wachovia Financial Center, Suite 4900 200 South Biscayne Boulevard Miami, Florida 33131-2352 [email protected]

Salvatore A. Barbatano, Esq. Foley & Lardner One Detroit Center 150 W. Jefferson, Suite 1000 Detroit, MI 48226-2616 [email protected]

Lewis N. Brown Dyanne E. Feinberg, Esq. Gilbride, Heller & Brown, PA. One Biscayne Tower, Suite 1570 Two South Biscayne Blvd. Miami, Florida 33131 [email protected]

Andrew L. Jiranek McKennon Shelton & Henn LLP 401 East Pratt St., Suite 2315 Baltimore, Md. 21202 [email protected]

Richard E. Johnston Fasken Martineau DuMoulin LLP Patent & Trade Mark Agents P.O. Box 20, Toronto Dominion Centre 66 Wellington St. W, 37th Floor Toronto, Ontario M5K 1N6 Canada [email protected]

Mr. Dylan Wolff Managing Director Norges Investor Value P.O. Box 1863 Vika 0124 Oslo - NORWAY [email protected]

Seth M. Schwartz, Esq. Skadden, Arps, Slate, Meagher & Flom LLP Four Times Square New York, New York 10036 [email protected]

John Hochman, Esq. Schindler Cohen & Hochman LLP 100 Wall Street, 15th Floor New York, New York 10005 [email protected]

Robert E. Pershes Roetzell & Andress, LPA 350 East Las Olas Boulevard Las Olas Center II, Suite 1150 Boca Raton, FL 33301

Paul Steven Singerman Berger Singerman 200 S. Biscayne Blvd., Suite 1000 Miami, Florida 33131 [email protected]

Robert T. Wright, Esq. Coffey & Wright, LLP Grand Bay Plaza, Penthouse 2B 2665 S. Bayshore Drive Miami, FL 33133 [email protected]

William R. Maguire, Esq. Jeffrey Greilsheimer, Esq. Hughes Hubbard & Reed, LLP One Battery Park Plaza New York, NY 10004 [email protected] [email protected]

Jacqueline Wilson British Virgin Islands Financial Services Commission Pasea Estate, Road Town Tortola, British Virgin Islands [email protected]

Kevin E. Gunther 27 Reid Street, 1st Floor P.O. Box HM 3051 Hamilton HM NX Bermuda [email protected]

William S. Fish, Esq. William H. Champlin, Esq. Hinckley, Allen & Snyder LLP 20 Church Street Hartford, CT 06103 [email protected]/[email protected]

Chadbourne & Parke LLP 1301 Avenue of the Americas New York, NY 10019-6022 Attn: William Greason, Esq.

Kristina M. Bakardjiev, Esquire Goldstein, Tanen & Trench, P.A. One Biscayne Tower, Suite 3700 2 South Biscayne Boulevard Miami, FL 33131 [email protected]

Drew M. Dillworth, Esq. Stearns Weaver Miller Weissler Alhadeff Sitterson 150 West Flagler Street, Ste 2200 Miami, FL 33130 [email protected]

David Barrack, Esq. Hal M. Hirsch, Esq. Greenberg Traurig, LLP Met Life Building 200 Park Avenue New York, NY 10166

Peter Vigeland WilmerHale 399 Park Avenue New York, NY 10022 [email protected]

Mark A. Salzberg Foley & Lardner Washington Harbour, Suite 500 3000 K Street N.W. Washington, D.C. 20007-5109 [email protected]

William J. Barrett Barack Ferrazzano Kirschbaum Perlman & Nagelberg LLP 333 W. Wacker Drive, Suite 2700 Chicago, IL 60606 [email protected]



Susan V. Demers, Esq. Barristers, Solicitors & Notaries Public Tropic Isle Building, BVI P.O. Box 3331 Road Town, Tortola British Virgin Islands VG 1110 [email protected]

TrygVesta [email protected] [email protected] Returned Mail

Annabel Bogaerts Deutsche Bank (Suisse) S.A. /Private Wealth Management GIS Core Banking/Quai du Seujet 24 P.O. Box 1416 CH-1211 Geneva 1 Swisse Email: [email protected]

Michael A. Hanzman, Esq. Hanzman & Criden, P.A. Commerce Bank Building 220 Alhambra Circle - Suite 400 Coral Gables, Florida 33134 E-mail : [email protected]

Michael J. Dell, Esq. Kramer Levin Naftalis & Frankel LLP 919 Third Avenue New York, New York 10022 E-mail: [email protected]

Donald Workman, Esq. Foley & Lardner 3000 K Street, N.W. Suite 500 Washington, D.C. E-mail: [email protected]

Timothy P. Harkness, Esq. Kramer Levin Naftalis & Frankel LLP 919 Third Avenue New York, New York 10022 E-mail: [email protected]

Daniel A. Casey, Esq. Kirkpatrick & Lockhart Miami Center - 20th Floor 201 S. Biscayne Blvd. Miami, FL 33131 E-mail: [email protected]

Gregory L. McClelland McClelland & Anderson LLP 1305 S. Washington Avenue Suite 102 Lansing, MI 48910 E-mail: [email protected]

Greg T. Arnold Brown Rudnick Berlack Israels One Financial Center Boston, MA 02111 E-mail: [email protected]

Lynda Grant, Esq. Cohen Milstein Hausfeld & Toll, Pllc 150 East 52 St., 30th floor New York, NY 10022 [email protected]

Jeffrey Greilsheimer, Esq. Hughes Hubbard and Reed, LLP One Battery Park Plaza New York, New York 10004 E-mail: [email protected]

Brian C. Courtney, Esq. Rome, McGuigan, Sabanosh, PC One State Street Hartford, CT 06103-3402

Dr. Dieter Zetsche DaimlerChrysler AG 70546 Stuttgart (Möhringen) Germany

Gerry LaBush, Esq. 711 Third Avenue Suite 1505 New York, New York 10017 Removed upon Request

Howard L. Siegel Brown Rudnick Berlack Israels LLP Cityplace I, 38th Floor 185 Asylum Avenue Hartford, CT 060103

Garry M. Graber Hodgson Russ LLP One M&T Plaza, Suite 2000 Buffalo, New York 14203

Gary S. Klein Sandak Hennessey & Greco 970 Summer Street Stamford, CT 06905

Anthony & Patricia O’Callagahan/ Christopher B. O’Callaghan/ Diane J. Nelson/John P. Heffernan Attn: Timothy T. Brock Satterlee Stephens Burke & Burke LLP 230 Park Avenue New York, NY 10169

Mercedes G. Hale Piper Rudnick LLP 101 E. Kennedy Boulevard, Suite 2000 Tampa, FL 33602

J. Bruce Maffeo Meyer, Suozzi, English & Klein, P.C. 1350 Broadway, Suite 501 New York, NY 10018 Counsel for Martin Garvey [email protected]

Heidi Lauer f/k/a Heidi Carens 4 East 89th Street, Apt. 6A New York, NY 10128

Robert Wayne Pearce, Esq. Robert Wayne Pearce, P.A. 1499 W. Palmetto Park Road, #300 Boca Raton, FL 33486

Carl F. Schoeppl, Esq. Schoeppl & Burke, P.A. 4651 North Federal Highway Boca Raton, Florida 33431-5133 [email protected]

171212 CANADA INC. PHILIPPE GIRARD, PRESIDENT 333, SHERBROOKE EAST #808 MONTREAL H2X 4E3 QUEBEC, CANADA

ABERDEEN INVESTMENTS LTD. C/O JOHN GENNARO 465 Brickell Ave. Tower 1, Unit 616 Miami, FL 33131

AIS HOLDINGS SERIES TRUST II C/O COMMERZBANK TWO WORLD TRADE CENTER, 31ST FLOOR NEW YORK, NY 10281 ATTN: CHRISTIAN BERGERON

ANDRE CHAGNON C/O NORMAND GREGOIRE 2001 MCGILL COLLEGE AVE., SUITE 1000 MONTREAL, QUEBEC H3A 1G1

ABSA BANK LIMITED AS TRUSTEE ON BEHALF OF THE CORONATION INTERNATIONAL ACTIVE FUND OF FUNDS C/O ABSA INVESTOR SERVICES ATTN: HILDA DE VILLIERS 6TH FLOOR, ABSA TOWERS NORTH 180 COMMISSIONER STREET JOHANNESBURG, SOUTH AFRICA

BANCO NOMINEES (IOM) LTD. P.O. BOX 34 12/13 HILL STREET DOUGLAS IM99 1BW ISLE OF MAN RETURN MAIL



ETHOS INVESTMENTS LTD. AKTIS 119 KAVOURI 166-71, GREECE Return Mail

ANNE CHANTAL PIGELET 344 RUE CHENAL 74700 SALLANCHES FRANCE

ALTAR FUND, LTD. C/O CBH (Bahamas) LTD. Attn: Andrew L. Jiranek 16 Willow Avenue Towson, Maryland 21286

DEUTSCHE BANK CUSTODY N.V. HERENGRACHT 450-454 1017 CA AMSTERDAM THE NETHERLANDS Return Mail

AVISON COMPANY SA BERNARD DORSAZ 11 RUE DU GENERAL – DUFOUR CH – 1204 GENEVA, SWITZERLAND

BANQUE PRIVEE EDMOND DE ROTHSCHILD EUROPE 20 BOULEVARD EMMANUEL SERVAIS L-2535 LUXEMBOURG

CEDAR FUND C/O COMMERZBANK CAPITAL MARKETS 2 WORLD FINANCIAL CENTER, 31ST FLOOR NEW YORK, NY 10281 ATTN: CHRISTIAN BERGERON

COMMERZBANK ALTERNATIVE STRATEGIES TWO WORLD FINANCIAL CENTER #33 NEW YORK, NY 10281 ATTN: CHRISTIAN BERGERON

BOMBARDIER TRUST (CANADA) C/O Stephanie Lessard BOMBARDIER INC. 800 RENE-LEVESQUE WEST MONTREAL QC H3B 1Y8

BASE FORCE LTD. C/O KATERINA PRODROMOU A.J.K . BUREAU OF CONSULTANTS LTD. 1 NAOUSIS STR. PO BOX 40634 6018 LARNACA CYPRUS

CHRISTA GUNTER TERASSES DU LEMAN 2 CH-1272 GENOLIER SWITZERLAND

BOMBARDIER TRUST (U.S.) C/O Stephanie Lessard BOMBARDIER INC. 800 RENE-LEVESQUE WEST MONTREAL QC H3B 1Y8

BOMBARDIER TRUST (U.K.) C/O Stephanie Lessard BOMBARDIER INC. 800 RENE-LEVESQUE WEST MONTREAL QC H3B 1Y8

CLAUDE DEMOLE PICTET & CIE BANQUIERS ATTN: JURG EGLI ROUTE DES ACACIAS 60 1211 GENEVE 73 SWITZERLAND

CACEIS BANK LUXEMBOURG F/K/A CAISB ON BEHALF OF ISOFIN SICAV 5 ALLEE SCHEFFER L-2520 LUXEMBOURG

CLEARWATER COMMERCIAL ENTERPRISES, INC. COMPASS POINT 9 BERMUDIAN ROAD HAMILTON HM 11 BERMUDA

COMMONFUND GLOBAL HEDGED PARTNERS C/O COMMONFUND ASSET MANAGEMENT COMPANY, INC. ATTN: JOHN W. AUCHINCLOSS, GENERAL COUNSEL 15 OLD DANBURY ROAD WILTON, CT 06896

GT FINANCE ON BEHALF OF CONDOR ALTERNATIVE FUND 30 PLACE DE LA MADELEINE 75008 PARIS FRANCE

COMBE SECURITIES C/O LGT, VADUZ LGT BANK IN LIECHTENSTEIN AG POSTFACH FL-9490 VADUZ Return Mail

FIRST TRUST CORPORATION TTEE FBO JOSEPH CUETER, ACCT # 031-038-12-836 P.O. BOX 173301 DENVER, CO 80217

DECTON LIMITED C/O LGT, VADUZ LGT BANK IN LIECHTENSTEIN AG POSTFACH FL-9490 VADUZ Return Mail

DELPHI GLOBAL LTD. OCTOGONE GESTION SA 26 RUE DE CANDOLLE 1205 GENEVA, SWITZERLAND

FONDATION J. ARMAND BOMBARDIER C/O LYNN LAVIOE SUN LIFE BUILDING 1155 METCALFE - SUITE 2100 MONTREAL QC, H3B 2V6 CAHADA

Fondation Lucie et André Chagnon c/o Mathieu Poulin 2001, av. McGill College, bureau 1000 Montréal (Québec) H3A 1G1

DIVERSIFIED CAPITAL MANAGEMENT LTD. THOMAS H. DAVIS C/O MERIDIAN GROUP 73 FRONT STREET HAMILTON HM 12, BERMUDA Return Mail

JP MORGAN HFS CUSTODY CORONATION FUND MANAGERS 1 GEORGES DOCK JP MORGAN HOUSE, IFSC, DUBLIN 1, IRELAND

FUND NOMINEES LTD. C/O PAUL LE PAGE P.O. BOX 45 HIRZEL HOUSE ST. PETER PORT, GUERNSEY GREAT BRITAIN GY1 4AX

FIRST TRUST CORPORATION TTEE FBO/PAUL SIMON, ACCT # 031-038-12-834 PO BOX 173301 DENVER CO 80217-3301

HALINVEST SARL C/O D. HALARD 29 RUE BONAPARTE

75006 PARIS, FRANCE

GT OPPORTUNITIES 30 PLACE DE LA MADELEINE 75008 PARIS France


HSBC PRIVATE BANK (SUISSE) SA QUAI GENERAL GUISAN P.O. BOX 3580 1211 GENEVA 3 SWITZERLAND

GOULAM INVESTMENTS C/O JP GOURDEAU, PRESIDENT 6111 DE BOISE NUMBER 4A MONTREAL, CANADA H3S 2V9 Return Mail

HSBC REPUBLIC ATTN: EDWING SAINT LAURENT 452 FIFTH AVE., 2ND FLOOR NEW YORK, NY 10018 Return Mail

JOANNE ST- GERMAIN 259 COROT STREET NUN’S ISLAND, QUEBEC CANADA H3E 1K8

HUNNICUT & CO. DB PLAN 110 EAST 59TH STREET, 32ND FLOOR NEW YORK, NY 10022

JOAKIM LEHMKUHL OCTOGONE GESTION SA 26 RUE DE CANDOLLE 1205 GENEVA, SWITZERLAND

JOHN G BARRIE JR IRA 2331 CASTLEFORD TERRACE MIDLOTHIAN VA 23113

JACQUELINE GREVY 344 RUE CHENAL 74700 SALLANCHES FRANCE

JOYCE SINCLAIR SPOUSAL TRUST C/O MR. JAY MANN, CFO PANDION INVESTMENTS LTD. 1010 SHERBROOKE STREET WEST, SUITE 1409 MONTREAL QUEBEC H3A 2R7 CANADA

KIKOUSU TRUST OCTOGONE GESTION SA 26 RUE DE CANDOLLE 1205 GENEVA, SWITZERLAND

KMEFIC PRIME FUND Christy I. Kulathooran General Manager - Group Finance & Support Services Kuwait & Middle East Financial Investment Company 10th Floor, Jassim Tower, Soor Street, Kuwait City P.O.Box 819 Safat | Kuwait 13009

KREDIETBANK SA LUXEMBOURGEOISE A/C SPECIAL OPPORTUNITIES FUND ATTN: B O BOURSE 43 BOULEVARD ROYAL L-2955 LUXEMBOURG LUXEMBOURG

LIBERTY ERMITAGE GLOBAL WEALTH MANAGEMENT JERSEY LTD. 1ST FLOOR, 47 THE ESPLANADE ST. HELIER JERSEY, CI, JE1 9LB Returned Mail

LIBERTY ERMITAGE NORTH AMERICAN ABSOLUTE FUND LIMITED 1ST FLOOR, 47 THE ESPLANADE ST. HELIER JERSEY, CI, JE1 9LB Return Mail

LIVSFURS, IKRUVGSSELSKAPET, NORDEAL LIV NORGE/LEIF RAANES P.O. BOX 7078 5020 BERGEN NORWAY

MADISON TEXTILES, LTD. Mrs Maria Dolores Lantero Mayer Calle Velasquez n° 71 Madrid, Spain

MAESTRO TRADING, INC. C/O VERGOTIS 13-15 DIMITROS ST. P. FALIRON ATHENS 17562 GREECE

MELLON BANK , N.A. AS TRUSTEE FOR THE DOMINION RESOURCES MASTER TRUST BNY MELLON ATTN: DAVID JESKY ONE MELLON CENTER, 1335 PITTSBURGH, PA 15258

MR. EMIL FRICK SCHAAN C/O LGT, VADUZ LGT Bank in Liechtenstein Ltd. Herrengasse 12, FL-9490 Vaduz Liechtenstein

MULTIVALOR INVEST INC. ATTN: EMMANUEL VERNET P.O. BOX 5310 CH 121 GENEVA 11, SWITZERLAND

NATIONAL BANK OF CANADA 1155 METCALFE GROUND FLOOR MONTREAL, QC H3B 5G2, CANADA Return Mail

MRS. CECILE LESCOAT FINANCIERE ATLAS ATTN: MRS. EVELYNE SARTORI 4 PLACE VENDOME 75001 PARIS, France Return Mail

NOBILIS C/O D. HALARD 29 RUE BONAPARTE 75006 PARIS, FRANCE

OKABENA MARKETABLE ALTERNATIVES FUND, LLC ATTN: CHRISTINE K. GALLOWAY 80 SOUTH EIGHTH STREET MINNEAPOLIS, MN 55402-4522

NORGES INVESTOR LONG SHORT AS PICTET & CIE BANQUIERS ATTN: JURG EGLI ROUTE DES ACACIAS 60 1211 GENEVA 73 SWITZERLAND

NORGES INVESTOR VALUE AS PICTET & CIE BANQUIERS ATTN: JURG EGLI ROUTE DES ACACIAS 60 1211 GENEVA 73 SWITZERLAND

PICTET CLIENT 1 PICTET & CIE BANQUIERS ATTN: JURG EGLI ROUTE DES ACACIAS 60 1211 GENEVA 73 SWITZERLAND
















RCA IN TRUST CLAUDIA REINHOLD 1604 ST. REGIS BLVD. DORVAL, QUEBEC CANADA H9P 1H6

ROTHSCHILD & CIE BANQUE 29, AVENUE DE MESSINE 75008 PARIS FRANCE Return Mail 6/11/12

REGIME DE RENTES DU MOUVEMENT DESJARDINS FRANCOIS GIROUARD 95, RUE DES COMMANDEURS, 5e etage LEVIS (QUEBEC) CANADA G6V 6P6

SATNAM INVESTMENTS INC. C/O EFG PRIVATE BANK ATTN: FRANZ WILLF 1 RAFFLES PLACE #42-00 OUB CENTER SINGAPORE 048616

SEVEN SEAS PORTFOLIO A LTD. ADRIANA COLINA-MENGELLE C/O MIF SA 86 RUE DE RHONE P.O. BOX 3436 CH 1211 GENEVA 3 SWITZERLAND

SIMISA INTERNATIONAL/ISCANDAR INC. OCTOGONE GESTION SA 26 RUE DE CANDOLLE 1205 GENEVA, SWITZERLAND

SOJECCI II LTEE (1) FORMERLY KNOWN AS 9091-2601 QUEBEC INC., AN ASSIGNEE OF SOJECCI LTEE C/O NORMAND GREGOIRE 2001 MCGILL COLLEGE AVE., SUITE 1000 MONTREAL, QUEBEC H3A 1G1 CANADA

SPGP 142, BOULEVARD HAUSSMAN 75008 PARIS FRANCE

STARVEST FUNDS, LTD. C/O VINCENT CAMPAGNA WAFRA INVESTMENT ADVISORY GROUP, INC. 345 PARK AVE., 41ST FLOOR NEW YORK, NY 10154-0101

HSBC Securities Services (Guernsey) Limited as Custodian for Nemrod Leveraged Holdings Ltd. Attn: James Mallett Arnold House, St. Julian's Avenue St. Peter Port, Guernsey GY1 3NF, Channel Islands

SUZANNE FONTAN C/O D. HALARD 29 RUE BONAPARTE 75006 PARIS, FRANCE

TEAM HAAS USA, LTD. FACT INC, 1035 ANTIQUE LN NORTHBROOK, IL 60062

THE ARROWSMITH FUND, LTD. C/O DION BETHELL/DEBORAH C. WATSON DOCKENDALE HOUSE, 4TH FLOOR WEST BAY ST. P.O. BOX N-4836 NASSAU, BAHAMAS

THE DEVON TRUST C/O DENNIS NERLAND SHEANERLAND CALNAN 715 5TH AVE. SW , SUITE 1900 CALGARY, ALBERTA T2P 2X6 CANADA Returned Mail

THE ISRAEL HENRY BEREN CHARITABLE TRUST 2020 NORTH BRAMBLEWOOD STREET WICHITA, KS 67206

THE MORTON MEYERSON FAMILY FOUNDATION 3401 ARMSTRONG AVE. DALLAS, TEXAS 75205

THE STAFFORD FUND, LTD., SUCCESSOR TO THE STAFFORD OPPORTUNITY FUND, LTD. CHARLES E. ABRECHT FAIRWAY INVESTMENT PARTNERS, INC. 622 GREENWICH STREET, SUITE 2-B NEW YORK, NY 10014

THE MEYERSON 1999 CHARITABLE REMAINDER TRUST 3401 ARMSTRONG AVE. DALLAS, TEXAS 75205


WMSTHE PENSION COMMITTEE OF THE REGIME DE RERAITE DE LA CORPORATION DE ECOLE POLYTECHNIQUE C/O BERNARD SANSCHAGRIN ECOLE POLYTECHNIQUE C.P. 6079, SUCCE. CENTER VILLA MONTREAL QC CANADA, H3C 3A7

THE PENSION COMMITTEE OF THE UNIVERSITY OF MONTREAL PENSION PLAN IN ITS CAPACITY AS ADMINISTRATOR FOR THE UNIVERSITY OF MONTREAL PENSION PLAN ANDREE MAYRAND UNIV. OF MONTREAL INVESTMEMT MGMNT, PENSION FUND 7077 PARK AVENUE, SUITE 2002 Montreal OC H3N IX7 Canada MONTREAL QC H3N 1X7 CANADA

VENERE INVESTMENTS LIMITED C/O FIDUCIAIRE TUCKER SARL CH DE LA PIERRARE 3a 1026 DENGES SWITZERLAND

VESTA FORKSIKRING AS PO BOX 7070 5020 BERGEN NORWAY

WESTWIND FOUNDATION HOLDING, LTD. SANDRA DAILEY P.O. BOX 26 GT GRAND CAYMAN, CAYMAN ISLANDS

WYATT INCORPORATED EMPLOYEES PROFIT SHARING PLAN RICHARD B. WYATT, TRUSTEE 4545 CAMPBELLS RUN ROAD PITTSBURGH, PA 15205

Vittorio Mosca (Estate of) c/o Federico Mosca 150 West 56th Street, Apt 4705 New York NY 10019

L.H. LOGARITHM HOLDINGS SA C/O JACQUES MERKT 15, RUE GENERAL-DUFOUR CASE POSTALE 5556 1211 GENEVA 11 SWITZERLAND

LABISCOUTI TRUST OCTOGONE GESTION SA26 RUE DE CANDOLLE 1205 GENEVA, SWITZERLAND

KUWAIT & MIDDLE EAST FINANCIAL INVESTMENT COMPANY Christy I. Kulathooran General Manager - Group Finance & Support Services Kuwait & Middle East Financial Investment Company 10th Floor, Jassim Tower, Soor Street, Kuwait City P.O.Box 819 Safat | Kuwait 13009

DEUTSCHE BANK NOMINEES (JERSEY) LIMITED A/C SIGNET P.O. BOX 727 ST. PAUL’S GATE/NEW STREET ST. HELIER JERSEY JE4 8ZB CHANNEL ISLANDS

ETHOS INVESTMENTS LTD. 52A PAPADIMITRIOU & CO. 241 SYNGROU AVE. & 2 AUKARNASSAO STR. ATHENS 171-22 GREECE

FIRST TRUST CORPORATION TTEE FBO/ SHIRLEY A. SIMON ACCT #031-038-12-835 P.O. BOX 173301 DENVER, CO 80217-3301

SIL NOMINEES C/O SILNOM HOLDINGS LTD. 165 CROSS AVENUE, SUITE 302 OAKVILLE, ONTARIO, l6JCANADA L6J OA9

ONE MULTI-STRATEGY FUND LTD. C/O CIRCLE INVESTMENT SUPPORT SERVICES B.V. ATTN: Mr. Simon Hiemstra/Mrs. Eva Slovenciakova P.O. BOX 2052 3800 CB AMERSFOORT THE NETHERLANDS

DAVID NATHAN MEYERSON PRIVATE FOUNDATION ATTN: MORTON H. MEYERSON P.O. BOX 192607 DALLAS, TX 75219 Returned Mail

Mr Kjetil Myhrvold Vesta Eiendom AS c/o Tryg Forsikring NUF PO Box 7070 N-5020 Bergen NORWAY [email protected]

ROBERT REYNOLDS SLATKIN & REYNOLDS P.A. ONE EAST BROWARD BLVD., SUITE 609 FT. LAUDERDALE, FL 33301

RICHARD CASHMAN HELLER EHRMAN LLP TIMES SQUARE TOWER 7 TIMES SQUARE NEW YORK, NY 10036 Returned Mail

LYNDA J GRANT, ESQ. LABATON SUCHAROW & RUDOFF LLP 100 Park Avenue NEW YORK, NY 10017 Returned Mail

MARK S. GOLDMAN CAROL VILLEGAS LABATON SUCHAROW LLP 140 BROADWAY, 34TH FLOOR NEW YORK, NY 10005

ANDREW L. JIRANEK, ESQ. 16 WILLOW AVENUE BALTIMORE, MARYLAND 21286

BILL CHAMPLIN TYLER COOPER & ALCORN, LLP 185 ASYLUM STREET CITY PLACE, 35TH FLOOR HARTFORD, CT 06103

THE CORBETT FAMILY CHARITABLE FOUNDATION, INC. RICHARD A. CORBETT 509 GUSIANDO DE AVILA-SUITE 201 TAMPA, FL 33613

Citco Bank Nederland N.V. Dublin Branch Branch Officerustom House Plaza Block 3 Int’l Financial Services Center P.O. Box 6639 Dublin , Ireland

GOULAM INVESTMENTS C/O JP GOURDEAU, PRESIDENT 6100 DEACOM APT. 8c MONTREAL, CANADA H3S 2V6

Joshua W. Cohen Cummings & Lockwood 1 Audubon St., Suite 601 New Haven, CT 06511

EMF 36145264 v2



EXHIBIT 1-A

Case 9:03-cv-80612-KAM Document 2987-1 Entered on FLSD Docket 09/22/2015 Page 1 of 3


Summary of Professional and Paraprofessional Time Total per Individual forth is Period Only

Exhibit 1-A

Twen -Third and Final Fee A lication Cumulative Fee A lication Total Average Total Average

Name Hours Houri Rate Fee Hours Houri Rate Fee

Richard Pollack Director $ 221.0 $ 321.12 70,968.5 Scott Bouchner Director 1.4 $ 475.00 665.0 849.1 $ 297.28 252,416.5 Ed Cooper Director 2.5 $ 475.00 1,187.5 2.5 $ 475.00 1,187.5 Jeffrey Mutnik Director $ 38.1 $ 340.24 12,963.0 Andreea Cioara Director $ 115.0 $ 300.10 34,496.8 Art Dichter Director $ 1.0 $ 287.50 287.5 Gary E. Rosenthal Director $ 29.9 $ 276.14 8,256.5 John F. Young Director $ 338.4 $ 273.37 92,507.8 Andrew Bernstein Director $ 5.1 $ 265.00 1,351.5 Dan Hughes Director $ 37.7 $ 250.00 9,425.0 Anthony Guerriero Director $ 94.0 $ 265.00 24,910.0 Joseph Saka Director $ 0.5 $ 260.00 130.0 Sandra Perez Director $ 92.9 $ 230.22 21,387.0 Rick Bazzani Associate Director $ 2.0 $ 325.00 650.0 Karen lake Associate Director $ 5.8 $ 311.90 1,809.0 David Siegel Associate Director 20.0 $ 388.50 7,770.0 4,704.0 $ 271.11 1,275,307.0 Douglas Campbell Associate Director $ 102.5 $ 270.39 27,715.0 Joel Glick Associate Director $ 2,158.0 $ 202.07 436,069.0 Adam Lang Associate Director 143.4 $ 364.11 52,213.5 5,339.9 $ 197.25 1,053,271.5 Richard Fechter Associate Director $ 115.6 $ 188.80 21,825.0 Juan Carlos Ferruco Staff $ 2.0 $ 250.00 500.0 Todd Moll Staff $ 7.5 $ 250.00 1,875.0' Frank Martin Staff $ 12.5 $ 230.00 2,875.0 Robert Aceituno Staff $ 14.7 $ 230.00 3,381.0 Adam Firestein Staff $ 21.0 $ 220.00 4,620.0 Crislian Nieto Staff $ 55.4 $ 218.41 12,100.0 Craig Friedman Staff $ 12.8 $ 190.00 2,432.0 Anthony Durante Staff $ 8.0 $ 190.00 1,520.0 Kenneth Vitek Staff 2.5 $ 185.00 462.5 2.5 $ 185.00 462.5 Ed Duarte Staff $ 12.4 $ 180.00 2,232.0 Timothy Burrows Staff $ 431.1 $ 179.41 77,344.5 Sharon Foote Staff 276.2 $ 232.04 64,089.0 2,453.1 $ 177.31 434,968.5 Martin Prinsloo Staff $ 3,260.1 $ 166.14 541,638.0 Griselle Umpierre Staff $ 45.9 $ 160.07 7,347.0 Melissa Katz Staff 5.7 $ 155.00 883.5 5.7 $ 155.00 883.5 Carley Radcliff Asllgarraga Staff 7.7 $ 160.00 1,232.0 12.1 $ 153.51 1,857.5 Deanna Novak Staff $ 848.7 $ 151.89 128,912.0 PilarVasallo Staff $ 655.9 $ 150.01 98,392.5 Gregory Lacina Staff $ 311.8 $ 145.51 45,369.0 Dustin Grizzle Staff $ 11.0 $ 145.23 1,597.5 Jessica Fernandez Staff $ 4.0 $ 145.00 580.0 Anthony Gutierrez Staff $ 32.0 $ 143.75 4,600.0 Cecilia Vi!lagarcia Staff $ 189.5 $ 142.89 27,077.5 KellyYim Staff $ 475.7 $ 141.65 67,383.0 Jenna Longman Staff $ 17.1 $ 140.00 2,394.0 Daniel Green Staff $ 6.6 $ 140.00 924.0 Jennyfer Urbina Staff $ 7.0 $ 140.00 980.0 Lourdes Ruiz Staff $ 7.2 $ 140.00 1,008.0 Martha Hunter Staff $ 12.0 $ 140.00 1,680.0 Michael Romero Staff $ 70.1 $ 136.40 9,561.5 Julio Media Staff $ 82.4 $ 136.38 11,238.0 Scott Schneider Staff $ 512.7 $ 136.07 69,763.0 Trycia Arencibia Staff $ 52.3 $ 135.47 7,085.0 ZainAhmed Staff $ 82.7 $ 135.00 11,164.5 Yanoi Nunez Staff $ 79.1 $ 133.25 10,540.0 Denise Stubbs Staff $ 253.0 $ 126.48 32,000.0 Shea Smith Staff $ 160.4 $ 126.14 20,233.5 Eduardo Tapanes Staff $ 17.3 $ 125.84 2,177.0 Joe Gutierrez Staff $ 6.0 $ 125.00 750.0 John Vides Staff $ 11.3 $ 121.59 1,374.0 Aman Singla Staff $ 7.5 $ 120.00 900.0 Joseph Arena Staff $ 13.0 $ 120.00 1,560.0 Julie Kaufman Staff $ 2.5 $ 120.00 300.0 Nicole Hunt Jackson Staff $ 16.0 $ 120.00 1,920.0 Robert Tad Ground Staff $ 99.8 $ 120.00 11,976.0



Summary of Professional and Paraprofessional Time Total per Individual forth is Period Only

Exhibit 1-A

Twen -Third and Final Fee A licalion Cumulative Fee A lication Total Average Total Average

Name Hours Houri Rate Fee Hours Houri Rate Fee Trina Mercedes Williams $ 34.0 $ 120.00 4,080.0 Mercedes Canon $ 210.4 $ 117.52 24,725.5 Melissa Fleitas Staff $ 27.4 $ 116.90 3,203.0 Hector Aguililla Staff $ 188.2 $ 116.87 21,995.5 Rachel Merritt Staff $ 10.5 $ 115.19 1,209.5 Megan Diaz Staff $ 114.2 $ 115.00 13,133.0 Ana Hernandez Staff $ 12.2 $ 115.00 1,403.0 EdmundoAja Staff $ 426.4 $ 115.00 49,036.0 Sonia Morin Staff $ 1.2 $ 115.00 138.0 Jonathan Stief Staff $ 0.6 $ 115.00 69.0 Rowena Cheek Staff $ 155.5 $ 113.53 17,654.0 Adam Katz Staff $ 2,085.9 $ 112.77 235,232.0 Alex Montero Staff $ 42.7 $ 105.00 4,483.5 Surama Toledo Staff $ 14.7 $ 105.00 1,543.5 laurie Jennings Staff $ 213.5 $ 102.30 21,840.0 Elizabeth Pena Staff $ 242.3 $ 100.70 24,398.5 Silvia Flores Staff $ 182.1 $ 100.00 18,210.0 Joshua Maya Staff $ 178.2 $ 100.00 17,820.0 Juan Gonzalez Staff $ 41.0 $ 100.00 4,100.0 Julio Acosta Staff $ 50.0 $ 99.80 4,990.0 Peter Abruzzese Staff $ 143.1 $ 99.24 14,201.0 Angie Adames Staff $ 181.6 $ 96.48 17,520.0 Robin Cruise Steff $ 155.3 $ 96.46 14,980.5 Marcus Cabral Staff $ 231.3 $ 96.25 22,262.0 Eduardo Vega Staff $ 148.3 $ 95.79 14,205.5 Nisad Hack Staff $ 42.8 $ 95.00 4,066.0 Savannah Snow Staff 3.8 $ 95.00 361.0 3.8 $ 95.00 361.0 Rhiannon Bebout Staff $ 5.0 $ 85.00 425.0 Gregory Geibel Staff $ 86.8 $ 82.75 7,182.5 Caitlyn Finocan Staff $ 110.8 $ 75.27 8,340.0 Tereese Filos Para-Professional $ 1.0 $ 95.00 95.0 Susana Coupe! Para-Professional $ 5.8 $ 92.24 535.0 Paulina Scherer Para-Professional $ 0.5 $ 85.00 42.5 Antoinette Alzugaray Para-Professional $ 0.5 $ 85.00 42.5 Melissa Bautista Para-Professional $ 0.2 $ 85.00 17.0 Danielle Miller Para-Professional $ 1.1 $ 81.55 89.7 larry lipp Para-Professional $ 1.3 $ 80.00 104.0 Todd Menahem Para-Professional $ 5.0 $ 80.00 400.0 Miriam Bernal Para-Professional $ 10.8 $ 79.02 853.4 Holly Israel Para-Professional $ 0.7 $ 78.00 54.6 Jeanette leon Para-Professional $ 2.2 $ 78.00 171.6 Tatiana Haro Para-Professional $ 0.3 $ 78.00 23.4 Cruz Nelson Para-Professional $ 1.0 $ 75.00 75.0 Miguel Coka Para-Professional $ 0.8 $ 75.00 60.0 Ann Cornwall Para-Professional $ 5.1 $ 73.92 377.0 Ilene Diaz Para-Professional $ 3.0 $ 73.81 217.8 TereAmbriz Para-Professional $ 279.5 $ 71.65 20,022.8 lesma Baez Para-Professional $ 8.9 $ 67.26 595.3 Aimee Bara!t Para-Professional $ 5.7 $ 65.57 373.8 Mercedes Almeida Para-Professional $ 4.0 $ 65.00 260.0 Nicole McDonald Para-Professional $ 70.0 $ 65.00 4,550.0

463.2 30,401.4

Blended Average Hourly Rate: $ 278.20 $ 184.80 Total fees: $ 128,864.00 $ 5!618,178.20


EXHIBIT 1-B



Summary of Professional and Paraprofessional Time by Activity Code Category for this Time Period Only

Exhibit 1-B

Tweo -Third and Final Fee A lication Cumulative Fee A lication Name Rate Hours Foo Rate Hours F"

Accounting/Auditing Adam Katz $ $ $ 107.95 204.70 $ 22,097.00 Adam lang $ $ $ 134.66 219.00 $ 29,490.50 Alex Montero $ $ $ 105.00 12.30 $ 1,291.50 Angie Adames $ $ $ 98.18 70.80 $ 6,951.00 Anthony Durante $ $ $ 190.00 2.30 $ 437.00 Anthony Gutierrez $ $ $ 140.00 30.50 $ 4,270.00 CaiUyn Finocan $ $ $ 75.00 12.70 $ 952.50 Craig Friedman $ $ $ 190.00 12.80 $ 2,432.00 David Siegel $ $ $ 245.37 770.60 $ 189,080.50 Edmundo Aja $ $ $ 115.00 8.30 $ 954.50 Eduardo Vega $ $ $ 95.00 43.50 $ 4,132.50 Elizabeth Pena $ $ $ 108.12 105.20 $ 11,374.00 Frank Martin $ $ $ 230.00 12.50 $ 2,875.00 Griselle Umpierre $ $ $ 160.00 19.90 $ 3,184.00 Hector Aguililla $ $ $ 115.00 28.00 $ 3,220.00 Jeffrey Mutnik $ $ $ 250.00 0.50 $ 125.00 Jenna Longman $ $ $ 140.00 17.10 $ 2,394.00 Jessica Fernandez $ $ $ 145.00 4.00 $ 580.00 Joel Glick $ $ $ 170.67 132.40 $ 22,596.50 John F. Young • $ $ 252.05 22.00 $ 5,545.00 Joshua Maya $ $ $ 100.00 143.00 $ 14,300.00 Kelly Ylm $ $ $ 145.00 126.00 $ 18,270.00 Martin Prinsloo $ $ $ 144.45 123.00 $ 17,767.50 Melissa Fleitas $ $ $ 120.00 24.00 $ 2,880.00 Mercedes Canon $ $ $ 115.00 2.40 $ 276.00 Michael Romero $ $ $ 105.00 0.50 $ 52.50 Nisad Hack $ $ $ 95.00 1.20 $ 114.00 PilarVasallo $ $ $ 150.00 5.00 $ 750.00 Richard Fechter $ $ $ 175.00 30.00 $ 5,250.00 Richard Pollack $ $ $ 306.43 35.70 $ 10,939.50 Robert Aceituno $ $ $ 230.00 1.70 $ 391.00 Robin Cruise $ $ $ 96.86 92.80 $ 8,989.00 Rowena Cheek $ $ $ 105.00 23.00 $ 2,415.00 Sandra Perez $ $ $ 230.00 34.70 $ 7,981.00 Scott Bouchner $ $ $ 274.82 123.30 $ 33,885.50 Sharon Foote $ $ $ 130.84 89.50 $ 11,710.00 Shea Smith $ $ $ 115.00 8.10 $ 931.50 Sonia Morin $ $ $ 115.00 1.20 $ 138.00 Timothy Burrows $ $ $ 175.00 12.90 $ 2,257.50 Trycia Arencibia $ $ $ 125.00 15.80 $ 1,975.00 Yanoi Nunez $ $ $ 141.18 17.30 $ 2 442.50

Activity Code Subtotal: $ 2 640.20 $ 457 698.00

Case Administration Adam Katz $ $ $ 110.00 13.70 $ 1,507.00 Adam lang $ $ $ 135.89 79.90 $ 10,858.00 Andrew Bernstein $ $ $ 265.00 5.10 $ 1,351.50 David Siegel $ $ $ 248.92 321.90 $ 80,128.00 EdmundoAja $ $ $ 115.00 6.00 $ 690.00 Gregory lacina $ $ $ 105.00 0.60 $ 63.00 Joel Glick $ $ $ 205.33 157.80 $ 32,400.50 John F. Young $ $ $ 274.55 94.60 $ 25,972.00 Martin Prinsioo $ $ $ 143.73 33.20 $ 4,772.00 Nicole McDonald $ $ $ 65.00 2.00 $ 130.00 Richard Pollack $ $ $ 326.89 31.40 $ 10,264.50 Scott Bouchner $ $ $ 280.72 121.00 $ 33,967.00 Todd Moll $ $ $ 250.00 7.50 $ 1 875.00

Activity Code Subtotal: $ 874.70 $ 203.978.50

Cltco Litigation Adam lang $ $ $ 140.00 2.10 $ 294.00 David Siegel $ $ $ 313.71 46.50 $ 14,587.50 John F. Young $ $ $ 285.00 18.10 $ 5,158.50 Scott Bouchner $ $ $ 307.44 20.10 $ 6,179.50 Scott Schneider $ $ $ 135.00 9.80 $ 1 323.00

Activity Code Subtotal: $ 96.60 $ 27 542.50

Claims Administration I Objections Adam Katz $ $ $ 114.60 90.90 $ 10,417.50 Adam lang $ $ $ 227.26 65.40 $ 14,863.00 David Siegel $ $ $ 270.90 766.00 $ 207,508.00 Deanna Novak $ $ $ 152.60 611.70 $ 93,347.00 EdmundoAja $ $ $ 115.00 49.10 $ 5,646.50 Joel Glick $ $ $ 215.19 70.30 $ 15,128.00 KellyYim $ $ $ 140.00 318.70 $ 44,618.00


Case No.: 03--80612-CIV-MARRA


Exhibit 1-B

Twen -Third and Final Fee A lication Cumulative Fee A lication Name Rate Hours Fee Rate Hours Fee

Martin Prinsloo $ $ $ 209.41 50.50 $ 10,575.00 Pilar Vasal!o $ $ $ 151.44 15.60 $ 2,362.50 Richard Pollack $ s $ 350.00 0.50 $ 175.00 Scott Bouchner $ s $ 295.00 7.90 $ 2 330.50

Activity Code Subtotal: s 2 046.60 $ 406 971.00

Data Analysis Adam Firestein $ • $ 220.00 21.00 $ 4,620.00 Adam Katz $ $ $ 112.64 472.00 $ 53,164.50 Adam Lang $ 361.60 83.0 s 30,012.50 $ 213.10 2,703.60 $ 576,143.00 Aimee Baralt $ s $ 65.57 5.70 $ 373.75 Aman Singla $ $ $ 120.00 7.50 $ 900.00 Anthony Durante $ s $ 190.00 5.70 $ 1,083.00 Anthony Guerriero $ $ $ 265.00 94.00 $ 24,910.00 CaiUyn Finocan s s $ 75.37 81.10 $ 6,112.50 Carley Radcliff Astigarraga s 160.00 0.5 s 80.00 $ 147.50 3.00 $ 442.50 Cristian Nieto $ s $ 217.71 38.40 s 8,360.00 Dan Hughes $ $ $ 250.00 37.70 s 9,425.00 David Siegel $ 387.94 17.0 $ 6,595.00 $ 286.11 1,489.60 • 426,193.50 Deanna Novak $ $ $ 150.09 172.50 $ 25,890.00 Ed Duarte $ $ $ 180.00 12.40 $ 2,232.00 EdmundoAja $ $ $ 115.00 336.70 $ 38,720.50 Elizabeth Pena $ $ $ 95.00 67.90 $ 6,450.50 Hector Aguililla $ $ s 119.39 145.80 $ 17,407.50 Jennyfer Urbina $ $ s 140.00 7.00 $ 980.00 Joe Gutierrez $ $ $ 125.00 6.00 $ 750.00 Joel Glick $ $ s 208.25 864.00 $ 179,931.00 John F. Young $ $ s 277.92 24.30 $ 6,753.50 Julie Kaufman $ $ • 120.00 2.50 $ 300.00 Julio Acosta $ $ $ 98.14 43.00 $ 4,220.00 KeUyYim $ $ • 145.00 24.50 $ 3,552.50 Laurie Jennings $ $ $ 100.00 203.00 $ 20,300.00 Marcus Cabral $ $ $ 100.09 56.70 $ 5,675.00 Martin Prinsloo s $ $ 166.30 1,436.10 $ 238,824.50 Melissa Bautista $ $ $ 85.00 0.20 $ 17.00 Mercedes Canon $ $ $ 120.00 27.50 $ 3,300.00 Michael Romero $ $ $ 182.77 28.30 $ 5,172.50 Nisad Hack $ $ $ 95.00 9.10 $ 864.50 Peter Abruzzese $ $ $ 99.24 143.10 $ 14,201.00 PilarVasa!lo $ $ $ 150.02 302.20 $ 45,337.50 Rachel Merritt $ $ $ 115.24 8.30 $ 956.50 Richard Fechter $ $ $ 271.67 12.00 $ 3,260.00 Richard Pollack $ $ $ 329.68 26.60 $ 8,769.50 Rowena Cheek $ $ $ 119.13 46.00 $ 5,480.00 Sandra Perez $ $ $ 230.00 38.50 $ 8,855.00 Scott Bouchner $ $ $ 311.76 178.00 $ 55,493.50 Scott Schneider $ $ $ 136.00 501.00 $ 68,135.00 Sharon Foote $ $ $ 174.34 418.40 $ 72,943.50 Shea Smith $ $ $ 128.89 15.30 $ 1,972.00 Silvia Flores $ $ $ 100.00 182.10 $ 18,210.00 TereAmbriz $ $ $ 71.09 139.50 $ 9,917.50 Timothy Burrows $ $ $ 178.36 259.40 $ 46,265.50 Yanoi Nunez $ $ $ 136.19 33.30 $ 4,535.00 ZainAhmed $ $ $ 135.00 82.70 $ 11164.50

Activity Code Subtotal: 100.5 $ 36 687.50 10 813.20 $ 2048 564.75

Discovery Matters Adam Katz • $ $ 114.12 306.50 • 34,979.00 Adam Lang • $ $ 142.84 110.90 $ 15,840.50 David Siegel $ $ $ 251.10 86.40 $ 21,695.00 Joel Glick $ $ $ 216.46 39.80 $ 8,615.00 John F. Young $ $ $ 278.05 11.40 $ 3,169.75 Martin Prinsloo $ $ $ 147.18 127.50 $ 18,766.00 Scott Bouchner $ $ $ 295.00 9.60 $ 2,832.00 TereAmbriz $ $ $ 85.00 0.50 $ 42.50


Document Management Adam Katz $ $ $ 114.89 513.90 $ 59,039.50 Adam Lang $ $ $ 197.48 132.10 $ 26,086.50 Caitlyn Finocan $ $ $ 75.00 10.00 $ 750.00 David Siegel $ $ $ 292.37 31.80 $ 9,297.50 Joel Glick $ $ $ 219.31 10.80 $ 2,368.50 John F. Young $ $ $ 282.07 5.80 $ 1,636.00 Joshua Maya $ $ $ 100.00 6.00 $ 600.00 KellyYim $ $ $ 145.00 6.50 $ 942.50 Marlin Prinsloo $ $ $ 147.76 29.30 $ 4,329.50




Exhibit 1-B

Twen -Third and Final Fee A lication Cumulative Fee A licalion Name Rate Hours Foo Rate Hours F"

Pilar Vasallo $ $ $ 149.62 39.40 $ 5,895.00 Richard Pollack $ • $ 315.00 2.00 $ 630.00 Sharon Foote $ • $ 135.00 1.00 $ 135.00 TereAmbriz $ $ $ 76.58 53.30 $ 4,081.50 Todd Menahem $ $ $ 80.00 5.00 $ 400.00

Activity Code Subtotal: $ 846.90 $ 116191.50

Document Review Adam Katz $ $ $ 106.75 367.00 $ 39,177.50 Adam Lang $ $ $ 127.24 478.40 $ 60,873.50 Alex Montero $ $ $ 105.00 30.40 $ 3,192.00 Angie Adames $ $ • 95.39 110.80 $ 10,569.00 Cecilia Villagarcia $ $ $ 142.89 189.50 $ 27,077.50 David Siegel $ $ • 252.79 83.20 $ 21,032.50 Deanna Novak $ $ $ 150.00 36.50 $ 5,475.00 Denise Stubbs $ $ $ 115.00 47.50 $ 5,462.50 EdmundoAja $ $ $ 115.00 10.10 $ 1,161.50 Eduardo Vega $ $ $ 96.12 104.80 $ 10,073.00 Elizabeth Pena $ $ $ 95.00 66.70 $ 6,336.50 Gregory Lacina $ $ $ 105.13 68.50 $ 7,201.50 Griselle Umpierre $ $ $ 160.12 26.00 $ 4,163.00 Hector Aguililla $ $ $ 95.00 14.40 $ 1,368.00 Joel Glick $ $ $ 171.92 169.00 $ 29,055.00 Joseph Arena $ $ $ 120.00 13.00 $ 1,560.00 Joshua Maya $ $ $ 100.00 29.20 $ 2,920.00 Juan Gonzalez $ $ $ 100.00 37.00 $ 3,700.00 Julio Acosta $ $ $ 110.00 7.00 $ 770.00 Laurie Jennings $ $ $ 100.00 3.50 $ 350.00 Lourdes Ruiz $ $ $ 140.00 7.20 $ 1,008.00 Marcus Cabral $ $ $ 95.00 174.60 $ 16,587.00 Martin Prinsloo $ $ $ 141.71 400.70 $ 56,783.00 Megan Dlaz $ $ $ 115.00 114.20 $ 13,133.00 Melissa Fleitas $ $ $ 95.00 3.40 $ 323.00 Mercedes Canon $ $ $ 117.19 178.70 $ 20,942.50 Michael Romero $ $ $ 105.00 41.30 $ 4,336.50 Nicole Hunt Jackson $ $ $ 120.00 16.00 $ 1,920.00 Nicole McDonald $ $ $ 65.00 45.20 $ 2,938.00 PilarVasallo $ $ $ 150.00 228.40 $ 34,260.00 Richard Fechter $ $ $ 176.41 69.10 $ 12,190.00 Richard Pollack $ $ $ 318.09 17.00 $ 5,407.50 Robert Tad Ground $ $ $ 120.00 99.80 $ 11,976.00 Robin Cruise $ $ $ 95.86 62.50 $ 5,991.50 Rowena Cheek $ $ $ 110.91 69.00 $ 7,653.00 Sandra Perez $ $ $ 230.00 18.70 $ 4,301.00 Scott Bouchner $ $ $ 269.17 21.10 $ 5,679.50 Sharon Foote $ $ $ 131.95 258.40 $ 34,095.50 Shea Smith $ $ $ 136.46 73.40 $ 10,016.00 Trina Mercedes Williams $ $ $ 120.00 34.00 $ 4,080.00 Trycia Arencibia $ $ $ 140.00 36.50 $ 5,110.00 Yanoi Nunez $ $ $ 125.00 28.50 $ 3 562.50


Fee I Employment AppllcaUons Adam Katz $ $ $ 110.00 6.90 $ 759.00 Adam Lang $ 368.Q1 53.3 $ 19,615.00 $ 275.22 187.80 $ 51,687.00 Carley Radcliff Astigarraga $ 160.00 7.2 $ 1,152.00 $ 160.00 7.20 $ 1,152.00 David Siegel $ 400.00 0.5 $ 200.00 $ 253.40 67.20 $ 17,028.50 Joel Glick $ $ $ 225.70 70.30 $ 15,866.50 Martin Prinsloo $ $ $ 150.13 7.80 $ 1,171.00 Mercedes Almeida $ $ $ 65.00 4.00 $ 260.00 Nicole McDonald $ $ $ 65.00 22.80 $ 1,482.00 Richard Pollack $ $ $ 336.43 6.30 $ 2,119.50 Scott Bouchner $ 475.00 1.4 $ 665.00 $ 310.68 130.10 $ 40,419.50 Sharon Foote $ $ $ 135.00 13.50 $ 1,822.50 Timothy Burrows $ $ $ 175.00 11.40 $ 1 995.00

Activity Code Subtotal: 62.4 • 21 632.00 535.30 $ 135 762.50

Fraudulent Transfers Litigation Adam Katz $ $ $ 110.00 1.10 $ 121.00 Adam Lang $ $ $ 290.00 9.60 $ 2,784.00 David Siegel $ $ $ 315.91 16.50 $ 5,212.50 Deanna Novak $ $ • 150.00 28.00 $ 4,200.00 Denise Stubbs $ $ $ 115.00 122.50 $ 14,087.50 Joel Glick $ $ $ 206.60 158.30 $ 32,704.50 Marlin Prinsloo $ $ • 147.47 229.90 $ 33,904.50 Nisad Hack $ $ $ 95.00 32.50 $ 3,087.50 Scott Bouchner $ $ $ 295.00 2.40 $ 708.00




Exhibit 1-B

Twen -Third and Final Fee A lication Cumulative Fee A lication Name Rate Hours Fee Rate Hours Fee

Sharon Foote $ $ $ 138.26 141.00 $ 19495.00 Activity Code Subtotal: $ 741.80 $ 116 304.50

Litigation Consulting Adam Katz $ $ $ 130.32 92.80 $ 12,094.00 Adam Lang $ $ $ 192.67 775.60 $ 149,437.50 Caitlyn Finocan $ $ $ 75.00 4.50 $ 337.50 Carley Radcliff Astigarraga $ $ $ 138.42 1.90 $ 263.00 Cristian Nieto $ $ $ 220.00 17.00 $ 3,740.00 David Siegel $ $ $ 285.83 714.20 $ 204,140.50 Denise Stubbs $ $ $ 150.00 83.00 $ 12,450.00 EdmundoAja $ $ $ 115.00 13.00 $ 1,495.00 Gary E. Rosenthal $ $ $ 276.14 29.90 $ 8,256.50 Joel Glick $ $ $ 238.16 145.70 $ 34,699.50 John F. Young $ $ $ 273.29 157.40 $ 43,015.50 John Vides $ $ $ 115.00 0.70 $ 80.50 Martin Prinsloo $ $ $ 188.4~ 815.10 $ 153,602.50 Miguel Coka $ $ $ 75.00 0.80 $ 60.00 PilarVasallo $ $ $ 149.89 65.30 $ 9,787.50 Rachel Merritt $ $ $ 115.00 1.00 $ 115.00 Richard Fechter $ $ $ 250.00 4.50 $ 1,125.00 Richard Pollack $ $ $ 318.53 86.80 $ 27,648.50 Sandra Perez $ $ $ 250.00 1.00 $ 250.00 Scott Bouchner $ $ $ 300.04 207.70 $ 62,318.00 Scott Schneider $ $ $ 150.00 1.10 $ 165.00 Sharon Foote $ $ $ 166.22 20.50 $ 3,407.50 Shea Smith $ $ $ 115.00 63.60 $ 7,314.00 Surama Toledo $ $ $ 105.00 14.70 $ 1,543.50 TereAmbriz $ $ $ 69.30 85.15 $ 5,901.25 Timothy Burrows $ $ $ 182.05 146.30 $ 26 634.00


Receivership Accounting Adam Katz $ $ $ 110.00 0.90 $ 99.00 Adam Lang $ 367.12 5.9 $ 2,166.00 $ 219.08 247.80 $ 54,287.50 David Siegel $ $ $ 253.06 126.70 $ 32,063.00 EdmundoAja $ $ $ 115.00 3.20 $ 368.00 Joel Glick $ $ $ 179.95 302.10 $ 54,362.50 John F. Young $ $ $ 261.98 4.80 $ 1,257.50 Melissa Katz $ 155.00 5.7 $ 883.50 $ 155.00 5.70 $ 883.50 Mercedes Canon $ $ $ 115.00 1.80 $ 207.00 Rachel Merritt $ $ $ 115.00 1.20 $ 138.00 Richard Pollack $ $ $ 311.63 4.00 $ 1,246.50 Rowena Cheek $ $ $ 120.00 1.50 $ 180.00 Savannah Snow $ 95.00 3.8 $ 361.00 $ 95.00 3.80 $ 361.00 Scott Bouchner $ $ $ 299.59 6.10 $ 1,827.50 Scott Schneider $ $ $ 175.00 0.80 $ 140.00 Sharon Foote $ 232.04 276.2 $ 64,089.00 $ 197.57 1,392.10 $ 275,041.50 TereAmbriz $ $ $ 80.00 1.00 $ 80.00 Timothy Burrows $ $ 175.00 1.10 $ 192.50

Activity Code Subtotal: 291.6 $ 67 499.50 2104.60 $ 422 735.00

SEC/Dept of Justice Investigation Adam Katz $ $ $ 110.00 13.70 $ 1,507.00 Adam Lang $ $ $ 138.88 52.60 $ 7,305.00 David Siegel $ $ $ 250.00 29.50 $ 7,375.00 Joel Glick $ $ $ 214.46 21.20 $ 4,546.50 Martin Prinsloo $ $ $ 145.00 4.00 $ 580.00 Rowena Cheek $ $ $ 122.22 2.70 $ 330.00 Scott Bouchner $ $ $ 295.00 3.30 $ 973.50 Sharon Foote $ $ $ 135.00 113.00 $ 15 255.00


Tax Issues Adam Katz $ $ $ 150.00 1.80 $ 270.00 Adam Lang $ 350.00 1.2 $ 420.00 $ 193.83 275.10 $ 53,321.50 Ana Hernandez $ $ $ 115.00 12.20 $ 1,403.00 Andreea Cioara $ $ $ 298.59 112.45 $ 33,576.75 Ann Cornwall $ $ $ 73.92 5.10 $ 377.00 Anthony Gutierrez $ $ $ 220.00 1.50 $ 330.00 Art Dichter $ $ $ 287.50 1.00 $ 287.50 Caitlyn Finocan $ $ $ 75.00 2.50 $ 187.50 Cruz Nelson $ $ $ 75.00 1.00 $ 75.00 Danielle Miller $ $ $ 78.67 0.60 $ 47.20 David Siegel $ 390.00 2.5 $ 975.00 $ 279.87 90.80 $ 25,412.00 Douglas Campbell $ $ $ 270.39 102.50 $ 27,715.00 Dustin Grizzle $ $ $ 145.00 10.50 $ 1,522.50




Exhibit 1-B

Twen -Third and Final Fee A licalion Cumulative Fee A lication Name Rate Hours Foo Rate Hours F"

Ed Cooper $ 475.00 2.5 $ 1,187.50 $ 475.00 2.50 $ 1,187.50 Eduardo Tapanes $ $ $ 130.00 12.50 $ 1,625.00 Elizabeth Pena $ $ $ 95.00 2.50 $ 237.50 GreQOIY Geibel $ $ $ 82.75 86.80 $ 7,182.50 GreQOIY Lacina $ $ $ 157.00 242.70 $ 38,104.50 Holly Israel $ $ $ 78.00 0.70 $ 54.60 Ilene Diaz $ $ $ 73.81 2.95 $ 217.75 Jeanette Leon $ $ $ 78.00 1.90 $ 148.20 Jeffrey Mutnik $ $ $ 340.33 36.90 $ 12,558.00 Joel Glick $ $ $ 251.31 13.00 $ 3,267.00 John Vides $ $ $ 122.03 10.60 $ 1,293.50 Jonathan Stief $ $ $ 115.00 0.60 $ 69.00 Joseph Saka $ $ $ 260.00 0.50 $ 130.00 Juan Carlos Ferruco $ $ $ 250.00 2.00 $ 500.00 Juan Gonzalez $ $ $ 100.00 4.00 $ 400.00 Julio Madia $ $ $ 134.79 78.50 $ 10,581.00 Karen Lake $ $ $ 311.73 5.50 $ 1,714.50 Kenneth Vitek $ 185.00 2.5 $ 462.50 $ 185.00 2.50 $ 462.50 Larry Lipp $ $ $ 80.00 1.30 $ 104.00 Laurie Jennings $ $ $ 170.00 7.00 $ 1,190.00 Lesma Baez $ $ $ 67.26 8.85 $ 595.25 Martha Hunter $ $ $ 140.00 12.00 $ 1,680.00 Martin Prinsloo $ $ $ 187.50 3.00 $ 562.50 Miriam Bema! $ $ $ 78.71 9.10 $ 716.30 Rhlannon Bebout $ $ $ 85.00 5.00 $ 425.00 Richard Pollack $ $ $ 368.00 7.50 $ 2,760.00 Robert Aceituno $ $ $ 230.00 13.00 $ 2,990.00 Rowena Cheek $ $ $ 120.00 13.30 $ 1,596.00 Scott Bouchner $ $ $ 313.65 18.50 $ 5,802.50 Sharon Foote $ $ $ 186.49 5.70 $ 1,063.00 Susana Coupe! $ $ $ 91.30 5.00 $ 456.50 T ereese Fllos $ $ $ 95.00 1.00 $ 95.00

Activity Code Subtotal: 6.7 $ 3 045.00 1 233.95 $ 244 294.05

Tax- Lancer Receivership Class Action QSF Andreea Cioara $ $ $ 361.25 2.00 $ 722.50 Antoinette Alzugaray $ $ $ 85.00 0.30 $ 25.50 Daniel Green $ $ $ 140.00 4.00 $ 560.00 Danielle Miller $ $ $ 85.00 0.30 $ 25.50 Dustin Grizzle $ $ $ 150.00 0.50 $ 75.00 Eduardo Tapanes $ $ $ 115.00 3.50 $ 402.50 Jeanette Leon $ $ $ 78.00 0.30 $ 23.40 Jeffrey Mutnik $ $ $ 400.00 0.70 $ 280.00 Julio Modia $ $ $ 165.00 3.00 $ 495.00 Karen Lake $ $ $ 315.00 0.30 $ 94.50 Miriam Bema! $ $ $ 79.56 0.90 $ 71.60 Paulina Scherer $ $ $ 85.00 0.30 $ 25.50 Rick Bazzani $ $ $ 325.00 1.00 $ 325.00 Susana Coupe! $ $ $ 97.00 0.50 $ 48.50 Tatiana Haro $ $ $ 78.00 0.30 § 23.40

Activity Code Subtotal: $ 17.90 $ 3197.90

Tax- Lancer Receivership Class- CITCO QSF Andreea Cioara $ $ $ 395.00 0.50 $ 197.50 Antoinette Alzugaray $ $ $ 85.00 020 $ 17.00 Daniel Green $ $ $ 140.00 2.60 $ 364.00 Danielle Miller $ $ $ 85.00 0.20 $ 17.00 Eduardo Tapanes $ $ $ 115.00 1.30 $ 149.50 Julio Modia $ $ $ 180.00 0.90 $ 162.00 Miriam Bernal $ $ $ 81.88 0.80 $ 65.50 Paulina Scherer $ $ $ 85.00 0.20 17.00 Rick Bazzani $ $ $ 325.00 1.00 325.00 Susana Coupe! $ $ $ 100.00

Activity Code Subtotal: $

Witness Interviews David Siegel $ $ $ 230.63 63.10 $ 14,553.00 Joel Glick $ $ $ 160.00 3.30 $ 528.00 Richard Pollack $ $ $ 315.00 3.20 $ 1 008.00


Total: 463.2 $ 128 864.00 30,401.4 $ 5,618178.20


EXHIBIT 2


Case No.: 03-80612-ClV-MARRA

Summary of Requested Reimbursement of Expenses for this Time Period Only

Exhibit 2

Current Cumulative 1. Filing Fees 12/1/13-8/18/15 8/11/03-8/18/15

2. Process Service Fees $ $

3. Witness Fees $ $

4. Court Reporter Fees and Transcripts $ $

5. Lien and Title Searches $ $

6. Photocopies (a) In-house copies $ $ (b) Outside copies - Legal Impressions $ $ 433

7. Postage $ $ 45

8. Overnight Delivery Charges $ $

9. Outside Courier/Messenger Services $ 52 $ 978

10 Long Distance Telephone Charges $ $

11. Long Distance Fax Transmissions $ $

12. Computerized Research $ $ 52

13. Out-of-Southern-District-of-Florida Travel $ $ 5,231

14. Other Permissible Expenses- Tax Filing Charges $ $ 4,048

Total Expense Reimbursement Requested $ 52 $ 10,787


EXHIBIT 3


Case No.: 03-80612-ClV-MARRA TWENTY THIRD INTERIM AND FINAL APPLICATION FOR COMPENSATION OF FEES OF ACCOUNTANTS FOR THE RECEIVER

Daily Time Entries by Activity Code

Exhibit3

Name Date Rate Hours Amount Time Description

Oata Analysis Adam Lang

Adam Lang

Adam Lang

David Siegel

Adam Lang

Adam Lang

Adam Lang

Adam Lang

Adam Lang

David Siegel

Adam Lang

David Siegel

Adam Lang

Adam Lang

Adam Lang

Adam Lang

Adam Lang

Adam Lang

David Siegel

Adam Lang

Adam Lang

Adam Lang

Adam Lang

Adam Lang

Adam Lang

Adam Lang

Adam Lang

Adam Lang

Adam Lang

Adam Lang

Adam Lang

Adam Lang

Adam Lang

Adam Lang

Adam Lang

1213/2013

12/5/2013

12/10/2013

12/17/2013

12117/2013

1/6/2014

117/2014

1/28/2014

2111/2014

2/11/2014

3/6/2014

3/6/2014

3/14/2014

3/17/2014

3/18/2014

3/20/2014

3/21/2014

3/25/2014

3/25/2014

3/26/2014

3/31/2014

4/1/2014

4/8/2014

4/18/2014

4/21/2014

4/2212014

4/28/2014

6/212014

6/3/2014

6/4/2014

6/5/2014

6/17/2014

6/23/2014

6/24/2014

7/3/2014

Carley Radcliff Astigarraga 7/9/2014

Adam Lang

Adam Lang

Adam Lang

Adam Lang

Adam Lang

7/9/2014

7/21/2014

7/29/2014

8/14/2014

8/21/2014

350.00

350.00

350.00

375.00

350.00

350.00

350.00

350.00

350.00

375.00

350.00

375.00

350.00

350.00

350.00

350.00

350.00

350.00

375.00

350.00

350.00

350.00

350.00

350.00

350.00

350.00

350.00

$350.00

$350.00

$350.00

$350.00

$350.00

$350.00

$350.00

$375.00

$160.00

$375.00

$375.00

$375.00

$375.00

$375.00

0.40

0.60

0.80

0.50

1.60

2.10

2.40

0.50

1.30

1.00

0.90

1.50

1.90

0.30

0.30

5.90

2.80

3.20

1.00

3.60

3.60

4.20

0.40

1.90

0.30

0.60

0.90

0.40

0.20

1.30

0.20

0.70

0.70

1.30

2.30

0.50

1.10

0.90

0.30

0.20

0.40

140.00 Review analysis of ERISA investors for 2013

210.00 Analysis of bank accounts for ERISA investors

280.00 Analysis of ERISA investors for 2013

187.50 Analyze investor information for transfer request.

560.00 Investigation of investor transfer- account

735.00 Update Lancer email database for multiple months

840.00 Analysis and review of multiple months of email database

175.00 Analysis of investor transfer request

455.00 Analysis of Omnifund investorfor

; phone call with counsel

375.00 Conference call with investor's counsel, analysis of Lancer, investor information.

315.00 Review of claims re: 2nd interim fee application to ensure all were approved claims

562.50 Analysis of investor claims information.

665.00 Analysis of claims and updates to addresses

105.00 Review of em ails and pending requests

105.00 Review of fee application and contact counsel

2,065.00 Analysis of incentive fees and management fees to and LMG; search for intrafund transfers and cross claims analyses; analysis of IRA account

980.00 Analysis of LMG payments to for managemenVincentive fees

1,120.00 Analysis of and LMG; review of fees; phone call with counsel

375.00 Assist Counsel with LMG fee information.

1,260.00 Prepare source and use report for 2/28/14

1,260.00 Analysis of fee applications and updating spreadsheet; analysis of Lancer email database

1 ,470.00 Update of schedule and analysis of fee applications from 2012-2014

140.00 Update email database

665.00 Prepare schedules for 3/31/14 status report

105.00 Review of pleadings

210.00 Update Lancer email database


140.00 Analysis of

70.00 Review of counsel

455.00 Analysis of

70.00 Discuss counsel

distribution schedule

distribution list; correspondence with Receiver's

distributions

and distribution schedules with ReceiVers

245.00 Analysis of transfer request from

245.00 Analysis of GH Associates account

455.00 Analysis of GH Associates account

862.50 Analysis of transfers and

80.00 Review of IRA statements for

IRA

412.50 Analysis of

337.50 Analysis of

IRA accounts

IRA position, etc.

112.50 Review of court filings

75.00 Analysis of investor transfer



Adam Lang

Adam Lang

Adam Lang

Adam Lang

Adam Lang

Adam Lang

Adam Lang

David Siegel

David Siegel

David Siegel

Adam Lang

Adam Lang

Adam Lang

Adam Lang

Adam Lang

Adam Lang

Adam Lang

Adam Lang

David Siegel ·

Adam Lang

Adam Lang

David Siegel

Adam Lang

Adam Lang

David Siegel

Adam Lang

Adam Lang

Adam Lang

Adam Lang

Adam Lang

Adam Lang

Adam Lang

Adam Lang

Adam Lang

Adam Lang

Adam Lang

Adam Lang

Adam Lang

Adam Lang

David Siegel

Adam Lang

Adam Lang

David Siegel

Adam Lang

Data Analysis Total

Case No.: 03-80612-CIV-MARRA TWENTY THIRD INTERIM AND FINAL APPLICATION FOR COMPENSATION OF FEES OF ACCOUNTANTS FOR THE RECEIVER

Dally Time Entries by Activity Code

9/10/2014

10/13/2014

10H712014

10/20/2014

10/21/2014

11/4/2014

11/5/2014

11/17/2014

11/18/2014

121212014

12118/2014

1/6/2015

1/16/2015

1/29/2015

214/2015

215/2015

216/2015

2/11/2015

2111/2015

3/13/2015

3/18/2015

3/23/2015

3/30/2015

3/31/2015

3/31/2015

4/9/2015

4/10/2015

4/13/2015

4/14/2015

4/15/2015

4/16/2015

4/17/2015

4/20/2015

4/21/2015

4/2212015

4/28/2015

5/18/2015

5/27/2015

5/28/2015

7/20/2015

7/20/2015

7/31/2015

8/6/2015

817/2015

$375.00

$375.00

$375.00

$375.00

$375.00

$375.00

$375.00

$390.00

$390.00

390.00

375.00

375.00

375.00

375.00

375.00

375.00

375.00

375.00

390.00

375.00

375.00

390.00

375.00

375.00

390.00

1.00

0.60

0.20

1.60

1.60

0.60

1.30

1.00

2.50

0.50

0.70

0.50

0.40

0.60

0.60

0.60

2.10

0.80

5.00

0.80

1.10

1.00

0.60

0.60

0.50

Exhibit 3

I ' 112.50 deferred fees

375.00 Analysis of

225.00 Analysis of

distributions and class vs group

holdings

75.00 Status report for 9/30/14

600.00 Work on quarterly status report for 9/30/14

600.00 Finalize status report and analysis for Receiver's counsel

225.00 Update for status report

487.50 Update to status report- distribution analysis

390.00 Review of emails and documents.

975.00 Analysis of Lancer investor information and financial statements; preparation of ERISA Investor schedule.

195.00 Preparation of ERISA investor schedule.

262.50 Analysis of claims

187.50 Analysis of investor transfer-

150.00 Analysis of investor transfer request

225.00 Analysis of investor holdingscounsel

; email to Receiver's

225.00 Analysis of investor requested transfer and share holdings-

225.00 Investigate investor transfer request-

787.50 Investigate multiple investor transfer requests; update records; correspondence with counsel

300.00 Analysis of trading

1,950.00 Conference call with Receiver's Counsel, analysis of Stock prices and preparation of schedule.



390.00 Analysis of investor information and investor claims, investigate investor request.

225.00 Review of motions

225.00 Analysis of investor transfers

195.00 Conference call with Receiver's Counsel, analysis of ir1vestor information.

375.00 0.70 262.50 Analysis of investor transfers

375.00 1.10 412.50 Analysis of investor transfer requests

375.00 0.60 225.00 Analysis of accounting fees for Kapila

375.00 2.10 787.50 Prepare source and use report as of 3/31/15

375.00 0.50 187.50 Analysis of distributions for source and use report

375.00 0.80 300.00 Analysis for preparation of source and use schedule

375.00 2.60 975.00 Prepare source and uses schedule for status report

375.00 2.80 1,050.00 Source and use analysis for 3/31/15

375.00 0.60 225.00 Analysis of email database

375.00 0.20 75.00 Update email database

375.00 0.30 112.50 Analysis for status report; phone call with Receiver's counsel

375.00 0.80 300.00 Analysis of email database

375.00 0.50 187.50 Analysis of payments from

375.00 0.30 112.50 Analysis of liquidating trustee accounts and activity

400.00 1.50 600.00 Analysis of investor information, assist Counsel with distribution sch

385.00 0.30 115.50 Assist with distribution analysis

385.00 0.90 346.50 Phone call re: source and use report; follow up

400.00 1.00 400.00 Analysis of investor information.

385.00 --;-;;;;;-O.;;c8;;c0---c;:--,;c;-;:;;3::;08"."'0;:-0 Update investor addresses and investigate investor transfers

100.50 $ 36,687.50




Exhlbit3

Name Date Rate Hours Amount Time Description

Fee I Employment Applications Adam Lang 1214/2013 350.00 2.60 910.00 Update 22nd fee application for November time; correspondence

re: tee application

Adam Lang 1215/2013 350.00 0.30 105.00 Update 22nd fee application

Adam Lang 1211212013 350.00 0.30 105.00 Discussion re: 22nd fee application

Adam Lang 12116/2013 350.00 1.10 385.00 Update 22nd interim fee application for Partners QSF

Adam Lang 12/17/2013 350.00 1.30 455.00 Updates to 22nd fee application

Adam Lang 12/18/2013 350.00 0.80 280.00 Finalize 22nd fee applicati~n

Adam Lang 4/24/2014 350.00 1.60 560.00 Prepare Lancer bill for OSF and fee application through 3/31/14

Adam Lang 4/25/2014 350.00 3.40 1,190.00 Prepare 23rd interim fee application

Adam Lang 5/212014 $350.00 0.90 315.00 Add April time to fee application

Adam Lang 5/5/2014 $350.00 1.70 595.00 Update fee application for April time

Adam Lang 5/14/2014 $350.00 0.70 245.00 Finalize and send out 23rd interim fee application

Scott Bouchner 5/14/2014 $475.00 0.50 237.50 Preparation for fee application.

Adam Lang 5/15/2014 $350.00 0.20 70.00 Follow up with Receiver's counsel re: fee application

Scott Bouchner 5/15/2014 $475.00 0.40 190.00 Review fee application.

Adam Lang 12/1212014 375.00 0.50 187.50 Analysis of time and previous fee application

Adam Lang 12115/2014 375.00 2.30 862.50 Prepare 24th interim fee application

Adam Lang 12/16/2014 375.00 0.60 225.00 Prepare 24th interim fee application

Adam Lang 212/2015 375.00 0.20 75.00 Review of fee application

Adam Lang 2117/2015 375.00 0.20 75.00 Lancer fee application review

Adam Lang 2118/2015 375.00 0.40 150.00 Update 24th fee application; correspondence with counsel

Adam Lang 4/21/2015 375.00 0.50 187.50 Fee application; email with counsel

Adam Lang 4/24/2015 375.00 1.60 600.00 Analysis of holdbacks and outstanding WIP for final fee application

Adam Lang 4/29/2015 375.00 0.30 112.50 Fee application- final

Adam Lang 4/30/2015 375.00 5.30 1,987.50 Preparation of 23rd and final fee application

Carl~y Radcliff Astigarraga 4/30/2015 160.00 2.00 320.00 Assisted with preparation of final fee application

Adam Lang 5/1/2015 375.00 6.20 2,325.00 Preparation of final fee application

Carley Radcliff Astigarraga 5/1/2015 160.00 5.20 832.00 Assisted with preparation of final fee application

Adam Lang 5/4/2015 375.00 1.40 525.00 Preparation of 23rd and final fee application

Adam Lang 5/5/2015 375.00 4.20 1,575.00 Prepare 23rd and final fee application

Scott Bouchner 5/6/2015 475.00 0.50 237.50 Review final fee application.

Adam Lang 5/6/2015 375.00 0.50 187.50 Prepare final fee application

Adam Lang 517/2015 375.00 2.10 787.50 Final fee application

Adam Lang 5/13/2015 375.00 0.30 112.50 Prepare fee application

Adam Lang 5/21/2015 375.00 0.10 37.50 Fee application

Adam Lang 6/23/2015 375.00 0.70 262.50 Work on final fee application

Adam Lang 6/29/2015 375.00 5.00 1,875.00 Update final fee application

Adam Lang 6/30/2015 375.00 0.20 75.00 Work on final fee application

Adam Lang 7/1/2015 375.00 5.10 1,912.50 Prepare final fee application; submit draft for review

Adam Lang 717/2015 375.00 0.70 262.50 Update to final fee application

David Siegel 7/17/2015 400.00 0.50 200.00 Conference call with Counsel, fee application.

Fee I Employment Applications Total 62.40 $ 21,632.00

Receivership Accounting Sharon Foote 1214/2013 220.00 0.50 110.00 Preparations for quarterly report for quarter ended December 31,

2013.

Sharon Foote 1215/2013 220.00 2.00 440.00 Preparations for quarterly report for quarter ended December 31, 2013.

Sharon Foote 12111/2013 220.00 1.00 220.00 Preparations for quarterly report for quarter ended December 31, 2013.

Sharon Foote 1/6/2014 220.00 1.00 220.00 Preparations of quarterly report for quarter ended December 31, 2013.

. ~ ::: -




Exhibit 3

Name Date Rate Hours Amount Time Description Sharon Foote 1/7/2014 220.00 4.00 880.00 Preparations of quarterly report for quarter ended December 31,

2013.



Sharon Foote 1/16/2014 220.00 6.60 1,452.00 Preparations of quarterly report for quarter ended December 31, 2013.

Sharon Foote 111712014 220.00 6.00 1,320.00 Preparation of consolidated quarterly financial reports.

Adam Lang 112112014 350.00 0.50 175.00 Review of 4th Quarter financial report

Sharon Foote 1/21/2014 220.00 1.50 330.00 Issue and send consolidated financial report for the quarter ended December 31, 2013.

Sharon Foote 2/6/2014 220.00 2.00 440.00 Preparations for quarterly report for quarter ended March 31, 2014.

Sharon Foote 2110/2014 220.00 1.00 220.00 Preparations for quarterly report for quarter ended March 31, 2014.

Sharon Foote 211212014 220.00 1.50 330.00 Preparations for quarterly report for quarter ended March 31, 2014.




Sharon Foote 3/26/2014 220.00 1.50 330.00 QuickBooks Reports for Sources and Uses of Funds Report.

Sharon Foote 3/31/2014 220.00 0.50 110.00 Run QuickBooks reports for Professional Fees paid.

Sharon Foote 4/7/2014 220.00 0.50 110.00 Preparations of quarterly report for quarter ended March 31, 2014.

Sharon Foote 4/8/2014 220.00 4.00 880.00 Preparations of quarterly report for quarter ended March 31, 2014.

Sharon Foote 411412014 220.00 6.00 1,320.00 Preparations of quarterly report for quarter ended March 31, 2014.

Sharon Foote 4/15/2014 220.00 6.00 1,320.00 Preparations of quarterly report for quarter ended March 31, 2014.

Adam Lang 4/16/2014 350.00 0.70 245.00 Review of 1st quarter 2914 financial report

Sharon Foote 4/16/2014 220.00 2.00 440.00 Preparation of quarterly financial reports.

Sharon Foote 411812014 220.00 0.50 110.00 Prepare reports from Quickbooks for analysis.

Sharon Foote 4/2212014 220.00 0.50 110.00 Preparations for quarterly report for quarter ended June 30, 2014.

Adam Lang 4/29/2014 350.00 0.90 315.00 Analysis of status report and respond to inquiries

Sharon Foote 5/5/2014 $220.00 0.60 132.00 Preprarations for next quarterly report.

Sharon Foote 51712014 $220.00 3.00 660.00 Preparations for next quarterly financial reports.

Sharon Foote 5/14/2014 $220.00 1.50 330.00 Preparations for next quarterly financial report. Answer emails from counsel'soffice.

Sharon Foote 6/6/2014 $220.00 0.50 110.00 Preparations for next quarterly financial reports.

Sharon Foote 6/9/2014 $220.00 3.00 660.00 Preparations for next quarterly report.

Sharon Foote 6/1212014 $220.00 1.00 220.00 Preparations for next quarterly financial reports.

Sharon Foote 6/24/2014 $220.00 2.50 550.00 Research GH Associates bank statements from 2003,

Sharon Foote 71712014 $235.00 1.50 352.50 Preparations for quarterly report for quarter ended June 30, 2014.

Sharon Foote 7/8/2014 $235.00 3.00 705.00 Preparation for quarterly financial reports.

Sharon Foote 7/9/2014 $235.00 2.50 587.50 Preparations for quarterly financial reports.

Savannah Snow 7/11/2014 $95.00 2.80 266.00 Record Hauser Distribution in Quickbooks

Savannah Snow 7/11/2014 $95.00 1.00 95.00 Record Third Interim Distribution in Quickbooks

Sharon Foote 711112014 $235.00 2.00 470.00 Preparations for quarterly financial reports.

Sharon Foote 711412014 $235.00 2.00 470.00 Preparations for quarterly financial report.



Dai~y Time Entries by Activity Code

Exhibit 3

Name Date Rate Hours Amount Time Description Melissa Katz

Sharon Foote

Sharon Foote

Sharon Foote

Sharon Foote

Adam Lang.

Sharon Foote

Adam Lang

Sharon Foote

Adam Lang

Sharon Foote

Sharon Foote

Sharon Foote

Sharon Foote

Sharon Foote

Sharon Foote

Sharon Foote

Sharon Foote

Sharon Foote

Sharon Foote

Sharon Foote

Sharon Foote

Sharon Foote

Sharon Foote

Sharon Foote

Sharon Foote

Sharon Foote

Sharon Foote

Sharon Foote

Adam Lang

Sharon Foote

Sharon Foote

Sharon Foote

Sharon Foote

Sharon Foote

Sharon Foote

Sharon Foote

Sharon Foote

Sharon Foote

Sharon Foote

Sharon Foote

Sharon Foote

Sharon Foote

Sharon Foote

Sharon Foote

Sharon Foote

7/15/2014

7/15/2014

7/18/2014

7/19/2014

7/21/2014

7/25/2014

7/28/2014

7/28/2014

7/30/2014

7/30/2014

8/5/2014

817/2014

8/8/2014

8/11/2014

8/13/2014

8/13/2014

9/8/2014

9/9/2014

9/11/2014

9/12/2014

1017/2014

10/8/2014

10/9/2014

10/14/2014

10/15/2014

10/16/2014

10/17/2014

10/21/2014

10/28/2014

10/28/2014

11/5/2014

11/6/2014

1118/2014

11/10/2014

11/11/2014

11/13/2014

11/14/2014

11/18/2014

11/19/2014

11/20/2014

11121/2014

12/22/2014

1/5/2015

1/12/2015

1/13/2015

1/14/2015

$155.00

$235.00

$235.00

$235.00

$235.00

$375.00

$235.00

$375.00

$235.00

$375.00

$235.00

$235.00

$235.00

$235.00

$235.00

$235.00

$235.00

$235.00

$235.00

$235.00

$235.00

$235.00

$235.00

$235.00

$235.00

$235.00

$235.00

$235.00

$235.00

$375.00

$235.00

$235.00

$235.00

$235.00

$235.00

$235.00

$235.00

$235.00

$235.00

$235.00

$235.00

235.00

235.00

235.00

235.00

235.00

5.70

4.00

9.00

4.00

8.00

0.90

4.00

0.30

0.50

0.70

1.00

1.50

0.50

4.00

4.50

0.50

0.50

1.00

4.00

1.00

0.50

1.00

1.00

1.00

8.00

7.00

3.00

1.00

1.50

0.40

0.50

3.00

2.00

6.00

1.50

3.50

5.00

4.00

2.00

7.00

5.00

2.50

1.00

3.00

8.00

3.00

883.50 Preparation of Reports

940.00 Preparations for quarterly financial reports.

2,115.00 Preparation of quarterly financial reports.

940.00 Preparation of quarterly financial reports.


337.50 Review of quarterly financial report- 2nd qtr 2014

940.00 Revisions to quarterly financial reports.

112.50 Review of qtrly report

117.50 Discuss and finalize quarterly financial report.

262.50 Finalize review of quarterly report

235.00 Preparation for next quarterly report.

352.50 Preparations for next quarterly report.



1,057.50 Preparations for next quarterly report- reconcile July bank statements.

117.50 Preparations for next quarterly report- finish bank reconciliations for July.



940.00 Preparations for next quarterly reports.

235.00 Preparations for next quarterly reports.




235.00 Preparations for quarterly financial report.




235.00 Prepare reports for source and use of funds; discussion with colleague.

352.50 Issue quarterly financial reports.

150.00 Review of 3rd quarterly financial report

117.50 Discussion with colleague regarding recording of distributions.

705.00 Reclass entries for distributions.

470.00 Reclass distribution payments.

1 ,410.00 Reconcile accounts; reclass distributions.

352.50 Reclass distributions.


1,175.00 Reclass distributions.

940.00 Reclassing distributions and reconciling.


1 ,645.00 Reclass distributions and reconcile.

1,175.00 Reclass and reconcile distributions and October bank statements.

587.50 Preparation for next quarterly report.








Exhibit 3

Name Date Rate Hours Amount Time Descri(;!tion Adam Lang 1/15/2015 375.00 0.90 337.50 Review of 4th quarter financial report

Sharon Foote 1/15/2015 235.00 3.00 705.00 Preparation and distribution of quarterly financial reports.

Sharon Foote 2/6/2015 235.00 1.00 235.00 Preparations for next quarterly financial reports.

Sharon Foote 2/9/2015 235.00 3.00 705.00 Preparations for next quarterly report.


Sharon Foote 3/10/2015 235.00 1.00 235.00 Preparations for the next quarterly financial reports.


Sharon Foote 4/6/2015 235.00 0.50 117.50 Preparations for quarterly financial reports.





Sharon Foote 4/13/2015 235.00 6.00 1,410.00 Preparation of quarterly financial reports.

SharOn Foote 4/14/2015 235.00 6.00 1,410.00 Preparation of quarterly financial reports.

Sharon Foote 4/15/2015 235.00 3.00 705.00 Obtain information for source and use of funds report. Reconcile distributions.

Sharon Foote 4/20/2015 235.00 2.00 470.00 Finalize and issue quarterly financial reports. Mail two copies

Sharon Foote 4/28/2015 235.00 1.00 235.00 Research vendor payments.



Sharon Foote 5/8/2015 235.00 1.50 352.50 Preparation for next quarterly financial reports.


Sharon Foote 5/27/2015 235.00 1.00 235.00 Prepare QuickBooks report on professional fees.






Sharon Foote 7/9/2015 235.00 0.50 117.50 Preparation for next quarterly financial reports.



Sharon Foote 7/14/2015 245.00 5.60 1,372.00 Prepa_ring quarterly financial reports.

Sharon Foote 7/15/2015 245.00 7.00 1,715.00 Preparation of quarterly financial reports.


Adat:n Lang 7/27/2015 385.00 0.60 231.00 Review of Receivership report

Sharon Foote 7/27/2015 245.00 2.00 490.00 Revisions to quarterly financial reports. Issue final quarterly financic


Sharon Foote 8/10/2015 245.00 1.50 367.50 Preparations for next quarterly reports.

Receivership Accounting Total 291.60 $ 67,499.50

Tax Issues Adam Lang 1/16/2014 350.00 1.20 420.00 Assist tax department with tax issues/ QSF statements

Kenneth Vitek 12/19/2014 185.00 2.50 462.50 Research and analysis for FATCA for Lancer Offshore and Omnifund D

David Siegel 12/19/2014 390.00 2.50 975.00 Assist Receiver's Counsel with FATCA filing issues.

Ed Cooper 12/19/2014 475.00 2.50 1,187.50 Read guidance and analysis of FATCA issued

Tax Issues Total 8.70 $ 3,045.00

Grand Total 463.20 $ 128,864.00

."- .

--'-:.:-
