U.S. District Court for the NMI designated Judge Frances M. Tydingco-Gatewood has approved the payment of $19,563 to the Settlement Fund\u2019s trustee for professional services and expenses incurred for the last five months.<\/p>\n
Tydingo-Gatewood also granted trustee representative Joyce C. H. Tang\u2019s petition for release of $5,530, which represents the 10-percent retainer withheld from its invoices for services rendered and expenses incurred from April to November in 2018.<\/p>\n
Tydingco-Gatewood said she has reviewed the trustee\u2019s invoices for January to May this year and finds the request for compensation and reimbursement of expenses to be reasonable.<\/p>\n
\u201cThe court is satisfied with the work performed by the trustee during this time frame,\u201d said the judge as she ordered the Settlement Fund on Monday to pay the trustee $17,633.<\/p>\n
This amount, Tydingco-Gatewood said, represents 90 percent of the trustee\u2019s professional fees and all expenses incurred from December 2018 through April 2019.<\/p>\n
She said the invoices were dated January to May 2019.<\/p>\n
The Settlement Fund was ordered to hold in trust to the credit of the trustee $1,930, which represents 10 percent of the trustee\u2019s professional fees for this time period.<\/p>\n
The trustee may petition for release of this 10-percent retainer every quarter, subject to the court\u2019s satisfaction of the trustee\u2019s work and any objections to the trustee\u2019s compensation requests.<\/p>\n
Last January, Tang was paid $50,851 for her services from May to December last year. <\/p>\n","protected":false},"excerpt":{"rendered":"
U.S. District Court for the NMI designated Judge Frances M. Tydingco-Gatewood has approved the payment…<\/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":[733],"class_list":["post-301368","post","type-post","status-publish","format-standard","hentry","category-local-news","tag-settlement-fund"],"_links":{"self":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/301368","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=301368"}],"version-history":[{"count":0,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/301368\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/media?parent=301368"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/categories?post=301368"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/tags?post=301368"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}