U.S. District Court for the NMI designated judge Frances Tydingco-Gatewood yesterday ordered the Settlement Fund to pay its trustee, Joyce C. H. Tang, $121,834.48 for professional services and expenses incurred from June to October 2014.<\/p>\n
Tydingco-Gatewood said the amount represents 90 percent of professional fees and 100 percent of all expenses incurred during the five-month period.<\/p>\n
The Settlement Fund was also directed to hold in trust for Tang $12,405.75, which represents 10 percent of her professional fees for that period. The judge said Tang may petition for the release of the 10 percent retainage every three months.<\/p>\n
Tang asked for compensation in the amounts of $122,182.50 for professional services and $10,411.84 for expenses, for a total of $132,594.34 for the five-month period.<\/p>\n
Tang\u2019s professional services quadrupled from June 2014 to October 2014. <\/p>\n
For June, the professional services was $9,932.50; for July, $18,720; for August, $21,462.50; for September, $35,705; and for October, $36,362.50; for a total of $122,182.50.<\/p>\n
For expenses, the amount also increased significantly from $261.58 in June to $6,477.06 in October. For July, expenses was $727.01; for August, $452.70; and for September, $2,493.49.<\/p>\n
The judge said she reviewed the invoices and finds them reasonable.<\/p>\n
\u201cThe court is satisfied with the work performed by the trustee during this time frame,\u201d she said.<\/p>\n
Last October, Tydingco-Gatewood ordered the Settlement Fund to pay Tang $39,656.80 for professional services and expenses for March to May 2014. Last April, the judge also ordered the Settlement Fund to pay Tang $25,634.25 covering the months of January and February 2014. <\/p>\n","protected":false},"excerpt":{"rendered":"
U.S. District Court for the NMI designated judge Frances Tydingco-Gatewood yesterday ordered the Settlement Fund…<\/p>\n","protected":false},"author":23,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[93,257,733],"class_list":["post-187692","post","type-post","status-publish","format-standard","hentry","category-local-news","tag-district-court","tag-nmi","tag-settlement-fund"],"_links":{"self":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/187692","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/comments?post=187692"}],"version-history":[{"count":0,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/187692\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/media?parent=187692"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/categories?post=187692"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/tags?post=187692"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}