UNITED STATES DISTRICT COURT 

SOUTHERN DISTRICT OF FLORIDA 

CASE NO. 20-CIV-21964-CMA 

SECURITIES AND EXCHANGE 

COMMISSION, 

 

 Plaintiff, 

v. 

TCA FUND MANAGEMENT GROUP CORP., 

et al., 

 Defendants. 

______________________________________/ 

ORDER GRANTING RECEIVER’S FOURTH INTERIM OMNIBUS APPLICATION 

FOR ALLOWANCE AND PAYMENT OF PROFESSIONAL FEES AND 

REIMBURSEMENT OF EXPENSES 

FOR JANUARY 1, 2021 THROUGH MARCH 31, 2021 

THIS CAUSE having come before the Court upon Jonathan E. Perlman, Esq.’s, as courtappointed Receiver (the “Receiver”) over the Receivership Defendants TCA Fund Management 

Group Corp. (“TCA”) and TCA Global Credit Fund GP, Ltd. (“GP”), and Relief Defendants TCA 

Global Credit Fund, LP (“Feeder Fund LP”), TCA Global Credit Fund, Ltd., TCA Global Lending 

Corp. (“Global Lending”), and TCA Global Credit Master Fund, LP (“Master Fund”) Second 

Interim Omnibus Application for Allowance and Payment of Professional Fees and Reimbursement 

of Expenses For January 1, 2021 Through March 31, 2021 (the “Fourth Application”), filed on May 

27, 2021. 

The Court has considered the Fourth Application and being otherwise fully advised in the 

premises, it is 

ADJUDGED that the Motion is GRANTED. The Fourth Application is APPROVED. 

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ADJUDGED that the Receiver and Genovese Joblove & Battista, P.A.’s fees of 

$551,500.50 and expenses of $15,810.96 are APPROVED. The Receiver is authorized to pay 

Genovese Joblove & Battista, P.A. the sum of $457,011.36, representing 80% of the approved fees 

($551,500.50) and 100% of expenses ($15,810.96) earned during the Fourth Application period of 

January 1, 2021 through March 31, 2021, with the remaining 20% of the approved fees to be paid 

out at the discretion of the Court as part of the final fee application submitted at the close of 

the receivership. 

ADJUDGED that Collas Crill’s fees of $60,919.50 are APPROVED. The Receiver is 

authorized to pay Collas Crill the sum of $48,785.60, representing 80% of the approved fees 

($60,919.50) and 100% of expenses ($50.00) earned during the Fourth Application period of 

January 1, 2021 through March 31, 2021, with the remaining 20% of the approved fees to be paid 

out at the discretion of the Court as part of the final fee application submitted at the close of 

the receivership. 

ADJUDGED that Yip Associates’ fees of $190,932.50 are APPROVED. The Receiver is 

authorized to pay Yip Associates $152,746.00, representing 80% of the approved fees 

($190,932.50) earned during the Fourth Application period of January 1, 2021 through March 31, 

2021, with the remaining 20% of the approved fees to be paid out at the discretion of the Court 

as part of the final fee application submitted at the close of the receivership.

ADJUDGED that the Development Specialist Inc.’s fees of $199,730.00 and expenses of 

$1,006.48 are APPROVED. The Receiver is authorized to pay Development Specialists, Inc. the 

sum of $160,790.48, representing 80% of the approved fees ($199,730.00) and 100% of expenses 

($1,006.48) earned during the Fourth Application period of January 1, 2021 through March 31, 

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2021, with the remaining 20% of the approved fees to be paid out at the discretion of the Court 

as part of the final fee application submitted at the close of the receivership. 

ADJUDGED that Rehmann’s fees of $41,177.50 are APPROVED. The Receiver is 

authorized to pay Rehmann $32,942.00, representing 80% of the approved fees ($41,177.50) earned 

during the Fourth Application period of January 1, 2021 through March 31, 2021, with the 

remaining 20% of the approved fees to be paid out at the discretion of the Court as part of the 

final fee application submitted at the close of the receivership. 

ADJUDGED that E-Hounds, Inc.’s fees of $3,410.00 are APPROVED. The Receiver is 

authorized to pay E-Hounds, Inc. $2,728.00, representing 80% of the approved fees ($3,410.00) 

earned during the Fourth Application period of January 1, 2021 through March 31, 2021, with the 

remaining 20% of the approved fees to be paid out at the discretion of the Court as part of the 

final fee application submitted at the close of the receivership. 

ADJUDGED that Burnet, Duckworth & Palmer LLP’s fees of $54,282.50 and expenses 

of $858.47 are APPROVED. The Receiver is authorized to pay Burnet, Duckworth & Palmer LLP 

the sum of $44,284.47, representing 80% of the approved fees ($54,282.50) and 100% of expenses 

($858.47) earned during the Fourth Application period of January 1, 2021 through March 31, 2021, 

with the remaining 20% of the approved fees to be paid out at the discretion of the Court as part 

of the final fee application submitted at the close of the receivership. 

ADJUDGED that Borden Ladner Gervais LLP’s fees of CAD 42,312.28 and expenses of 

CAD 1,964.08 are APPROVED. The Receiver is authorized to pay Borden Ladner Gervais LLP 

the sum of CAD 35,813.90, representing 80% of the approved fees (CAD 42,312.28) and 100% of 

expenses (CAD 1,964.08) earned during the Fourth Application period of January 1, 2021 through 

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March 31, 2021, with the remaining 20% of the approved fees to be paid out at the discretion of 

the Court as part of the final fee application submitted at the close of the receivership. 

ADJUDGED that Baker Donelson’s fees of $2,876.80 and expenses of $342.18 are 

APPROVED. The Receiver is authorized to pay Baker Donelson the sum of $2,643.62, 

representing 80% of the approved fees ($2,876.80) and 100% of expenses ($342.18) earned during 

the Fourth Application period of January 1, 2021 through March 31, 2021, with the remaining 20% 

of the approved fees to be paid out at the discretion of the Court as part of the final fee 

application submitted at the close of the receivership. 

ADJUDGED that Bell Gully’s fees of $23,795.00 are APPROVED. The Receiver is 

authorized to pay Bell Gully $19,036.00, representing 80% of the approved fees ($23,795.00) 

earned during the Fourth Application period of January 1, 2021 through March 31, 2021, with the 

remaining 20% of the approved fees to be paid out at the discretion of the Court as part of the 

final fee application submitted at the close of the receivership. 

DONE and ORDERED in Chambers at Miami, Florida this ___ day May, 2021. 

____________________________________ 

CECILIA M. ALTONAGA 

UNITED STATES DISTRICT JUDGE 

Copies furnished to all counsel of record 

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