This is the property of the Daily Journal Corporation and fully protected by copyright. It is made available only to Daily Journal subscribers for personal or collaborative purposes and may not be distributed, reproduced, modified, stored or transferred without written permission. Please click "Reprint" to order presentation-ready copies to distribute to clients or use in commercial marketing materials or for permission to post on a website. and copyright (showing year of publication) at the bottom.
Subscribe to the Daily Journal for access to Daily Appellate Reports, Verdicts, Judicial Profiles and more...

Litigation

Sep. 1, 2015

Motion: Court-appointed receiver bill will drain assets frozen by FTC

A receiver is billing more to preserve frozen assets than those assets are worth, according to a motion filed Friday in federal court.


By Gautham Thomas


Daily Journal Staff Writer


A court-appointed receiver is billing more to preserve frozen assets than those assets
are worth, according to a motion filed Friday in federal court.


The motion, filed in opposition to the receiver's request for payment, argues that
the receiver racked up more than $700,000 for 2,300 hours of work over six weeks,
...

To continue reading, please subscribe.
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!

Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)

Already a subscriber?

Enewsletter Sign-up