Motion to Confirm Sale
evidence as discussed above. Finally, 4 hours to review an opposition and draft a reply is excessive. Therefore, a reduction of 6 hours or $3,270 is granted.
Fourth, Defendant seeks a reduction of the 1.2 hours billed to review the time slip entries. Review of the entries is necessary to provide the Court with accurate information to determine what hours were reasonably incurred. Thus, the reduction is denied.
Fifth, Defendant’s request to reduce the post-settlement billing by 32 hours without pointing to any particular billing entries is denied. The Court fails to find any entries which are improper. 13 25-01509350 Motion to Confirm Sale
Wilshire Quinn Income Receiver Lance Miller’s Motion for Approval of the Sale of the Fund Reit, LLC vs. Receivership’s Property is GRANTED. Laguna HW, LLC The Receiver, Miller, seeks to sell the property for $5,300,000. Miller states the sale is in the best interests of the receivership estate because the sale price is favorable and the buyer has already acquired the neighboring parcel. (Miller Decl., ¶ 6.) Delay in selling the property beyond June 30, 2026 would allow the buyer to terminate the sale and will increase the receivership’s costs. (Miller Decl., ¶ 8.) No party has opposed the sale.
The Court exercises its discretion in considering all the facts and circumstances and the interests of justice and approves of the sale.
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