Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-caed-2_09-cv-00665/USCOURTS-caed-2_09-cv-00665-107/pdf.json

Nature of Suit Code: 850
Nature of Suit: Securities, Commodities, Exchange
Cause of Action: 15:77 Securities Fraud

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[PROPOSED] ORDER AUTHORIZING RECEIVER TO EMPLOY BANKRUPTCY COUNSEL

CASE NO. CV 09-000665 LKK-DAD 

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FUTTERMAN DUPREE 

DODD CROLEY

MAIER LLP

FUTTERMAN DUPREE DODD CROLEY MAIER LLP

JAMIE L. DUPREE (158105) 

JAIME G. TOUCHSTONE (233187) 

180 Sansome Street, 17th Floor 

San Francisco, CA 94104 

Telephone: (415) 399-3840 

Facsimile: (415) 399-3838 

jdupree@fddcm.com

jtouchstone@fddcm.com

Attorneys for Receiver 

Stephen E. Anderson 

UNITED STATES DISTRICT COURT 

EASTERN DISTRICT OF CALIFORNIA 

SACRAMENTO 

SECURITIES AND EXCHANGE 

COMMISSION, 

Plaintiff 

 v. 

ANTHONY VASSALLO, et al, 

Defendants. 

 Case No. CV 09-000665 LKK-DAD 

ORDER AUTHORIZING RECEIVER TO 

EMPLOY BANKRUPTCY COUNSEL 

[Local Rule 232(g)] 

Judge Lawrence K. Karlton

On April 30, 2009, this Court filed the Order Appointing Temporary Receiver for Equity 

Investment Management and Trading, Inc. (“EIMT”) and Order to Show Cause for Appointment 

of Permanent Receiver (“OAR”), and on July 31, 2009, the Court filed an Order permanently 

appointing Receiver. Pursuant to the OAR, for good cause shown, and in order to empower and 

authorize the Receiver to carry out his duties and obligations, 

THE COURT HEREBY FINDS AND ORDERS AS FOLLOWS: 

Receiver’s investigation has revealed that certain EIMT debtors have filed or are in the 

process of filing for bankruptcy protection. Receiver believes that some of these debtors may be 

doing so to avoid making repayment to the EIMT investors. Receiver seeks authorization to 

retain local bankruptcy counsel, the Law Offices of Miriam Hiser, to advise him with respect to 

what action, if any, he should take to pursue EIMT debtors in California’s bankruptcy courts and 

Case 2:09-cv-00665-JAM-KJN Document 429 Filed 09/29/11 Page 1 of 2
[PROPOSED] ORDER AUTHORIZING RECEIVER TO EMPLOY BANKRUPTCY COUNSEL

CASE NO. CV 09-000665 LKK-DAD 

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FUTTERMAN DUPREE 

DODD CROLEY

MAIER LLP

to take such action on his behalf as necessary. Receiver proposes that he be permitted to retain 

Miriam Hiser, who has 20 years of experience in bankruptcy law, and whose hourly rate is 

$350.00. Receiver believes Ms. Hiser is well-qualified to assist him in this matter, and that her 

rate is reasonable in light of her experience and the services needed. 

Accordingly, pursuant to Local Rule 232(g), Receiver is hereby authorized to engage the 

Law Offices of Miriam Hiser, and to utilize the services of Miriam Hiser at $350 an hour, 

retroactive to September 21, 2011. Receiver is hereby further authorized to utilize the services 

of other attorneys and staff at the Law Offices of Miriam Hiser, provided that the billing rates of 

those attorneys and staff are commensurate with their level of experience and the rates 

authorized herein. Notwithstanding this order, the actual compensation of the persons employed 

by Receiver shall be fixed by the Court in conformity with Local Rule 232(g). 

IT IS SO ORDERED. 

Dated: September 29, 2011 

Case 2:09-cv-00665-JAM-KJN Document 429 Filed 09/29/11 Page 2 of 2