Embed
Email

EXHIBIT B

Document Sample

Shared by: pengxiuhui
Categories
Tags
Stats
views:
4
posted:
11/28/2011
language:
English
pages:
377
Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 1 of 377









EXHIBIT B

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 2 of 377









Attorneys At Law

P. O. BOX 201626

HOUSTON, TEXAS 77216-1626

TAXPAYER I.D. #74-1195457









Stanford Financial Group Receivership Invoice No. 1134163

ATTN: Mr. Ralph S. Janvey, Receiver Invoice Date September 23, 2009

2100 Ross Avenue

Suite 2600 Attorney J A Cialone, II

Dallas TX 75201









079716.0102 Cross Border Receivership Matters

Hours Description

06/01/09 R I Howell 1.00 Correspondence with English counsel and with Karyl Van

Tassel regarding REDACTED

.

06/01/09 R T Preston-Jone 7.00 Perusing draft affidavits and preparing exhibits; preparing letter

for service and arranging service of evidence; arranging

copying of court bundles for counsel.

06/01/09 E A Soderlund 1.80 Review and revise memo of T. Walters regarding REDACTED

effects on receivership estate and send same to J.

Cialone and T. Davis.

06/01/09 W F Stutts, Jr. 1.10 Reviewed REDACTED affidavit and communication with

Mark Russell on REDACTED ; brief

communications with Bob Howell regarding the scope.

06/01/09 W F Stutts, Jr. .40 Communications with Clare Roberts regarding admission

application for Stuart Isaacs and other status points in Antigua.

06/01/09 W F Stutts, Jr. 1.80 Reviewed information and draft filing from Walker McLeod

and commented on same; participated in call regarding timing

of proceedings in various provinces; reviewed information

from Mr. Hendy regarding Quebec and Ontario relationship.

06/02/09 M E Burnett 1.20 Searched for foreign bankruptcy recognition translations in

English for Bill Stutts.

06/02/09 J A Cialone, II .50 Counsel about Vantis proposal.









69

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 3 of 377

Page 2









Hours Description

06/02/09 R I Howell 4.50 Worked on REDACTED for the Chapter 15

response.

06/02/09 T M Moratto Jr. .50 Per K. Hinton, provided copies of second affidavits and

exhibits of Janvey, Van Tassel and Westbrook.

06/02/09 R T Preston-Jone 6.80 Preparing bundles for use at hearing; telephone call from clerk

to David Joseph (for Stanford) and reporting same to team;

conferring with Cameron McKenna by phone re bundle;

preparing list of authorities and printing same for sending to

Stuart Isaacs QC (barrister) and Felicity Toube (barrister);

conferring with US colleagues as to further authorities; letter

received from Cameron McKenna and discussing same with

team; preparing response and circulating.

06/02/09 W F Stutts, Jr. .90 Reviewed changes in Canada with George Hendy and reviewed

communication from Sonja Bjorkquist regarding

REDACTED ;

related additional communications with Mr. Howell regarding

same.

06/02/09 W F Stutts, Jr. .30 Reviewed recent issues with English counsel for Antiguan

liquidators regarding REDACTED .

06/03/09 J A Cialone, II 1.50 Calls and emails about Antiguan liquidators; attention to

bankruptcy emails and authorities in connection with

bankruptcy motion.

06/03/09 V O Garcia 2.00 Per B. Howell, prepare cover letter to Dick DeGuerin enclosing

Second Affidavits with Exhibits and jetpack same to Houston

for hand delivery; receive delivery confirmation regarding

Nickens Keeton and forward same to B. Howell and file;

correspond with B. Cominsky regarding hand delivery of

additional documents (2.0)

06/03/09 R I Howell 2.00 Commented on skeleton argument in English action.

06/03/09 R T Preston-Jone 5.10 Preparing affidavit re service and conferring with Felicity

Toube (barrister) as to contents; sending letter to Addleshaws

(solicitors for Stanford); letter to Cameron McKenna re Order

of Registrar Jaques; conferring with Nabarro re hearing;

conferring with Bob Howell re serving further evidence on

Stanford's US lawyers; receiving skeleton argument from

Stuart Isaacs QC (barrister) and reviewing and commenting.

06/03/09 W F Stutts, Jr. .70 Report from Mr. Preston-Jones regarding developments in

English proceeding (moving toward hearing); documents;

reviewed draft skeleton and commented on same.

06/03/09 W F Stutts, Jr. .90 Report to Mr. Janvey regarding Ontario and Quebec and

communications with Mr. Howell on REDACTED ;







70

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 4 of 377

Page 3









Hours Description

telephone conferences with Walker McLeod and information

on the Canadian Plaintiff; several communications with Mr.

Arevalo regarding funds.

06/04/09 J A Cialone, II .50 Attention to bankruptcy issues.

06/04/09 V O Garcia .20 Receive and forward delivery confirmation regarding Dick

DeGuerin; (.2)

06/04/09 R I Howell 8.00 Worked on REDACTED

and circulated a draft; worked on REDACTED

; conference call with Canadian counsel to

get their recommendation regarding REDACTED

; reviewed order served by

Nabarros on UK counsel and correspondence with UK counsel

regarding meaning of same REDACTED

; asked UK counsel to seek additional

information REDACTED

06/04/09 R T Preston-Jone 5.30 Receiving and watching DVDs of Stanford corporate video and

seminar; swearing and filing affidavit of service; providing

copies of DVDs to barristers; commenting on draft skeleton

argument; receiving and perusing MLAT affidavit and

documents form Nabarro; conferring with Nabarros by phone

and email; receiving other sides' skeletons and reviewing same.

06/04/09 W F Stutts, Jr. 1.10 Communications with Robin Preston-Jones, Bob Howell and

Alberto Arevalo regarding communication received today from

Nabarro and English skeleton arguments.

06/04/09 W F Stutts, Jr. .60 Brief review of information and affidavits relating to Chapter

15 motion.

06/04/09 W F Stutts, Jr. .90 Left word for Clare Roberts regarding property and regarding

REDACTED compensation; related communications

with Ms. Blumenschein and Mr. Janvey.

06/05/09 R I Howell 6.00 Worked on Janvey affidavit.

06/05/09 M S Kontopoulos .60 Updating bundles of documents

06/05/09 R T Preston-Jone 4.80 Conferring with Cameron McKenna re missing pages from

bundles and providing repaginated copies of same to barristers;

further communicating with Nabarro re MLAT by email;

obtaining article from Westlaw for Felicity Toube (barrister);

conferring with Addleshaws by phone to notify of hearing;

receiving further affidavit evidence from Cameron McKenna

and agreeing inclusion in bundle; conferring with Stuart Isaacs

QC (barrister) and Felicity Toube (barrister) re additional

evidence;









71

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 5 of 377

Page 4









Hours Description

06/05/09 W F Stutts, Jr. 2.90 Inquiry for Karyl Van Tassel regarding investors and worked

on information for evidence, and coordination of skeleton

argument for same ; consulted with Bob Howell regarding

English proceedings REDACTED





; several communications on the

evidence and related argument points with Mr. Howell, Mr.

Preston-Jones, Ms. Toube, Mr. Isaacs; raised inquiry to Mr.

Reece regarding delivery of copy of order referred to in

correspondence.

06/05/09 W F Stutts, Jr. 1.30 Reviewed general information related to REDACTED and

reviewed proposed letter to Ms. Hime from counsel, all

.

regarding the points of concern about REDACTED

06/06/09 J A Cialone, II .60 Reviewed FTI affidavit REDACTED .

06/06/09 R I Howell 6.50 Reviewed and revised the response to Vantis's Chapter 15

motion.

06/07/09 J A Cialone, II .50 Reviewed draft Janvey affidavit in Chapter 15 proceeding;

calls and emails about same.

06/07/09 R I Howell 10.00 Worked on the Van Tassel and Janvey declarations in support

of the response to Vantis's Chapter 15 response; conference

call with Karyl Van Tassel regarding same.

06/08/09 T M Davis .80 Read chapter 15 materials.

06/08/09 R I Howell 10.00 Revised Ch. 15 response and affidavits and worked to pull

together exhibits for the affidavits; drove to Houston and

caught flight to London for UK hearing.

06/08/09 R T Preston-Jone 3.10 Telephone call from Dylan Playfoot re TF article; conferring

with Nabarros re hearing date and MLAT; finishing reading

Cameron McKenna's skeleton; receiving and Perusing skeleton

for Allen Stanford; receiving fourth affidavit of Hamilton

Smith and circulating; conferring with Bob Howell by email as

to contents of bundle; conferring with team as to Clare Roberts

update.

06/08/09 W F Stutts, Jr. 3.90 Worked on preparation and delivery of affidavits in English

proceeding; related information exchanged with Mr. Preston-

Jones and Mr. Howell regarding points in preparation for

hearing and assignment of administrative responsibilities for

court determinations and filings.

06/08/09 W F Stutts, Jr. .40 Information from Sir Clare Roberts regarding application for

leave to appeal and developments in Antigua, including

litigation related to REDACTED .









72

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 6 of 377

Page 5









Hours Description

06/08/09 W F Stutts, Jr. .80 (Canada) Worked on additional information for Canada;

responded to inquiry from Mr. Hendy regarding

REDACTED ; information from Mr.

Arevalo regarding Attorney General position and Department

of Justice position.

06/09/09 J A Cialone, II .30 Reviewed Chapter 15 papers; attention to UK issues raised by

Stutts.

06/09/09 R I Howell 8.00 Flight to London; went to London office of Baker Botts to

continue work on Ch. 15 response.

06/09/09 R T Preston-Jone 2.50 Preparing for hearing including finalization of bundles;

Perusing further evidence served.

06/09/09 W F Stutts, Jr. .90 Regarding Canada: Alberta litigation: Worked in Houston on

points for REDACTED

.

06/09/09 W F Stutts, Jr. .90 Reviewed information form Mr. Howell regarding hearing in

London and provided input and information for him as

necessary from Houston information not available in court.

06/09/09 W F Stutts, Jr. .70 Developed outline for proposal for REDACTED

and related communications with Ms.

Blumenschein and Mr. Cialone.

06/09/09 W F Stutts, Jr. .60 Regarding Canada and Ontario proceeding: updated

information on status and funds from Ms. Bjorkquist.

06/10/09 J A Cialone, II .40 Continued discussions about Chapter 15 issues and documents.

06/10/09 R I Howell 7.00 Met with UK lawyers in advance of the hearing and attended

the first day of hearing.

06/10/09 S Jampala 3.80 Checked over Dan Rohleder's Stanford work; Antigua folder

added to the shared drive; corresponded with Dan Rohleder

about status of case.

06/10/09 M S Kontopoulos 1.20 Pre-trial preparation of files; assisting R.Preston-Jones with

transport of documents to court

06/10/09 R T Preston-Jone 7.50 Preparing for, traveling to and attending at hearing of

Application for recognition under the Cross-Border Insolvency

Regulations.

06/10/09 W F Stutts, Jr. 1.90 Canada: Quebec: provided additional information to Canadian

counsel regarding US and other proceedings and updated the

information available to Canada.

06/10/09 W F Stutts, Jr. 1.60 Extended conversation with Mr. Arevalo regarding points of

information regarding status of proceedings and checked at his

request general information about a particular account of Julius







73

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 7 of 377

Page 6









Hours Description

Baer; examined information on declarations and other

evidence.

06/10/09 W F Stutts, Jr. .30 Received additional information from Mr. Howell regarding

English proceedings and their status.

06/11/09 M E Burnett .30 Provided electronic copies of pleadings for Bill Stutts.

06/11/09 M E Burnett .20 Provided electronic copy of case for David Arlington.

06/11/09 R I Howell 7.00 Attended second day of hearing and sent update to Bill Stutts.

06/11/09 R T Preston-Jone 7.50 Preparing for, traveling to and attending at hearing of

Application for recognition under the Cross-Border Insolvency

Regulations.

06/11/09 W F Stutts, Jr. 1.80 Provided Julius Baer information to Mr. Arevalo's office;

reviewed information regarding skeleton arguments and

English court filings; report from Mr. Howell on trial

information; reviewed inquiry from Ms. Ayers regarding SEC

evidence and responded with the information requested.

06/12/09 R I Howell 2.70 Attended the final day of hearing.

06/12/09 R T Preston-Jone 4.00 Preparing for, traveling to and attending at hearing of

Application for recognition under the Cross-Border Insolvency

Regulations.

06/12/09 W F Stutts, Jr. .20 Report from court proceeding in London.

06/12/09 W F Stutts, Jr. 1.60 Canada: reviewed information form Mr. Hendy regarding

affidavits and declarations and provided additional information

for him.

06/12/09 W F Stutts, Jr. .70 Participated in conference call to provide status on foreign

matters and to obtain answers on particular questions regarding

insurance and progress in particular jurisdictions.

06/13/09 W F Stutts, Jr. .40 Telephone conferences with Clare Roberts on REDACTED

and requesting clarification on status

in proceeding.

06/15/09 S W Austin .70 Telephone consultation with Bill Stutts regarding

REDACTED ; sent e-mail

message to Wes Watts requesting draft lis pendens. outlining

facts and forwarding charge papers.

06/15/09 R I Howell 9.00 Return travel from UK hearing.

06/15/09 R T Preston-Jone 3.20 Considering emails relating to appearance in Court of Appeal

in Caribbean; conferring with Bill Stutts as to REDACTED

Stuart Isaacs QC (barrister); providing review of

SEC freezing order proceedings.









74

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 8 of 377

Page 7









Hours Description

06/15/09 W F Stutts, Jr. 2.20 Reviewed information from Ms. Blumenschein impacting

REDACTED ; reviewed information

regarding Canadian hearing for July 22; several communication

with Mr. Isaac regarding current situation in England.

06/16/09 R I Howell 5.80 Reviewed and commented on draft reply; office conference

with Bill Stutts to review the status of the different foreign

proceedings; review email correspondence from English and

Canadian counsel.

06/16/09 W F Stutts, Jr. .30 Telephone conference with David Reece regarding our request

to receive copy of April 7 order in England; related

communication with Mr. Howell on English proceeding points.

06/17/09 J A Cialone, II .80 Attention to bankruptcy issues.

06/17/09 R I Howell 6.60 Conference call with Bill Stutts and Rose Romero regarding

the various foreign proceedings; conference call with Bill

Stutts and Sam Cooper regarding Swiss issues; worked on

update to Ralph Janvey on the foreign proceedings.

06/17/09 W F Stutts, Jr. .80 Reviewed information on Canadian proceedings and prepared

for communications with Mr. Hendy for June 18.

06/17/09 W F Stutts, Jr. 1.10 Worked on June update for non-U S proceedings for Mr.

Janvey.

06/17/09 W F Stutts, Jr. .20 CANADA: Ontario: reviewed form of order for status

positioning in Ontario case and communications with Mr.

Bjorkquist regarding same.

06/18/09 S W Austin 1.90 Reviewed charge on Antiguan real estate filed by Allen

Stanford; office consultation with Wes Watts regarding same

and regarding results of his research REDACTED ;

reviewed e-mail message from Wes Watts summarizing results

of research; sent e-mail message to Craig Adams requesting

information on status of entities and status of directors in

entities REDACTED .

06/18/09 J A Cialone, II .50 Attention to bankruptcy and related issues.

06/18/09 R I Howell 3.50 Conference call with Ralph Janvey, Kristie Blumenschein and

others regarding foreign proceedings.

06/18/09 W F Stutts, Jr. 1.70 Updated Mr. Janvey and SEC regarding foreign proceedings;

Reviewed information from Mr. Hendy regarding new

affidavits for Mr. Janvey and Ms. Van Tassel; reviewed with

Mr. Howell draft Ontario order and comments.

06/19/09 R I Howell 2.30 Reviewed Stanford indictment and forwarded same to foreign

counsel and asked them to REDACTED

; telephone conference with







75

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 9 of 377

Page 8









Hours Description

Kristie Blumenschein regarding REDACTED



consent decree for Ontario stay and need for filing fee in

Swiss action; reviewed correspondence from Swiss counsel and

sent Swiss counsel our Chapter 15 response for her possible

use.

06/19/09 R T Preston-Jone 3.40 Email received from Stuart Isaacs QC (barrister) re travel

arrangements and conferring with Bob Howell by email; email

exchanges with Bob Howell and barristers re second amended

complaint and REDACTED ; Perusing second

amended complaint and other US filings.

06/21/09 S W Austin .20 Reviewed reply from Mike Myers regarding entities

REDACTED .

REDACTED

06/22/09 S W Austin 1.10 Forwarded information regarding

entities to Wes Watts; office consultation with Wes Watts

regarding REDACTED alternatives; office consultation

with Bob Howell regarding ruling and possible impact

.

06/22/09 S A D Ayers 1.00 Conducted research regarding U.S. courts consideration of

foreign judgments REDACTED .

06/22/09 J A Cialone, II 1.20 Attention to UK proceedings and expected judgment and

related calls and emails; reviewed UK judgment materials;

attention to Chapter 15 papers and issues.

06/22/09 R I Howell 7.50 Reviewed materials relating to Bank of Antigua request for

release of frozen funds; reviewed English draft judgment;

conference call with UK counsel regarding same; sent memo

regarding same to Ralph Janvey, and corresponded with team

members regarding same; telephone conference with Canadian

counsel regarding status of Canadian proceeding; corresponded

with Swiss counsel regarding the outcome of the English case

and requested a conference call.

06/22/09 R T Preston-Jone 4.80 Receiving and considering draft judgment; preparing letter to

Cameron McKenna re letter to Judge; preparing letter to Judge;

preparing for and participating in conference call re judgment;

researching and explaining confidentiality obligations re draft

judgments;

06/22/09 K Scanlan 1.50 Review request for materials from Austin; telephone

conference with District Clerk to request materials; office

conference with clerk regarding certifications; prepare

materials for Houston; prepare international package and

forward certified copies to Swiss counsel.

06/22/09 W C Watts .90 Reviewed Antiguan statutes regarding REDACTED



; reviewed places of incorporation of certain Stanford







76

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 10 of 377

Page 9









Hours Description

entities; met with Shelley Austin.

06/23/09 S W Austin .10 E-mail message from Mike Meyers with additional information

regarding entities REDACTED ; replied.

06/23/09 J A Cialone, II 1.00 Calls and emails about UK decision and next steps.

06/23/09 R I Howell 6.00 Further analysis of UK judgment; conference call with Ralph

Janvey, Kristie Blumenschein and others regarding same;

began work on brief to be filed when UK judgment is

submitted to the US court; telephone conference with Albert

Arevalo and Yoko Matsuhashi regarding status of SEC's freeze

efforts in foreign jurisdictions and sent memo regarding same

to Ralph Janvey and others.

06/23/09 S A Massad 1.00 Participated in conference call regarding UK decision and

related matters.

06/24/09 R I Howell 5.50 Conference call with UK counsel; email correspondence with

Alberto Arevalo of the SEC; further work on brief regarding

UK judgment.

06/24/09 R T Preston-Jone 3.90 Considering letter received from Cameron McKenna and email

to Addleshaws; preparing folder of cases and sending to Bob

Howell as requested; conference call and preparing letter to

Karen Denny and sending.

06/24/09 E A Soderlund 4.10 Prepare for and participate in call with T. Davis and J. Cialone

regarding strategic issues REDACTED , and follow up

work regarding same; call with R. Janvey. R. Campbell, R.

Roper, T. Davis, and J. Cialone regarding chapter 15 and

bankruptcy issues relating to receivership REDACTED

, and follow up research regarding same.

06/24/09 J C Stewart 1.10 Research and analyze statutes and caselaw addressing

REDACTED

.

06/24/09 W F Stutts, Jr. .30 Report from Mr. Howell regarding his conversations with Mr.

Arevalo and Ms. Mitshuashi.

06/24/09 W F Stutts, Jr. .40 Reviewed updated information from Mr. MacLeod regarding

Alberta litigation.

06/25/09 S W Austin .20 Sent e-mail message to WFS outlining alternatives regarding

Antiguan real estate charge.

06/25/09 S A D Ayers 1.50 Analyzed and summarized for Kevin Sadler the reply filed by

Antiguan Liquidators.

06/25/09 J A Cialone, II .80 Reviewed emails and papers related to the Chapter 15 issues;

calls and emails about dealings with Vantis.









77

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 11 of 377

Page 10









Hours Description

06/25/09 R I Howell 6.00 Further research for memo to Ralph Janvey on cross-border

insolvency issues.

06/25/09 E A Soderlund 2.80 Research REDACTED and other bankruptcy-related issues;

call with T. Davis regarding same.

06/25/09 J C Stewart 1.80 Receive research instructions from E. Soderlund regarding

REDACTED

; review and analyze

caselaw in connection with same.

06/25/09 W F Stutts, Jr. 1.40 Reviewed land charge information and instructions to Ms.

Austin regarding preparation of form of same; reviewed

England draft judgment with Mr. Howell; communications

with Michael Moore and provided information to him

regarding meeting in Miami scheduled for end of July;

reviewed information from Canada regarding Alberta court

decision.

06/26/09 S W Austin .90 Reviewed and marked-up Wes Watts's draft Antiguan charge

and sent comments.

06/26/09 R I Howell 4.40 Further work on Ch. 15 issues and REDACTED UK

judgment.

06/26/09 J C Stewart 6.80 Review and analyze caselaw and treatises addressing

REDACTED

and email summary of research to E.

Soderlund.

06/26/09 W F Stutts, Jr. .90 Telephone conference with Alberto Arevalo and report on

same to Mr. Howell and Mr. Janvey; prepared draft agenda for

Mr. Janvey and transmitted same to him REDACTED

.

06/27/09 J C Stewart 1.50 Continue researching issue of REDACTED



and numerous emails with E. Soderlund

regarding same.

06/27/09 W F Stutts, Jr. .30 Communication with Robert Plotkin regarding TD matters

involving Canada and Alberta decision and impact of Alberta

on Ontario proceeding.

06/28/09 R I Howell 3.30 Further work on memo (precursor to brief) on Ch. 15 issues;

email correspondence to team on Ch. 15 issues; finalized draft

of letter to Rose Romero and circulated to team for comment.

06/28/09 J C Stewart 2.00 Continue researching whether REDACTED

and review

and comment on internal memorandum regarding same.

06/29/09 J A Cialone, II .50 Calls and emails about bankruptcy issues; reviewed memos and







78

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 12 of 377

Page 11









Hours Description

other materials on bankruptcy.

06/29/09 R I Howell 4.00 Further research relating to REDACTED and other

issues relevant to the U.K. judgment.

06/29/09 R T Preston-Jone 2.90 Preparing letter to Judge and letter to Addleshaws re further

documents; email exchanges re submission of further

documents; considering first draft Grounds of appeal.

06/29/09 W F Stutts, Jr. 3.70 Reviewed letter draft to SEC regarding

REDACTED ; reviewed

developments related to contents of accounts at TD and

provided information on those accounts to Mr. Howell;

reviewed records in Stanford warehouse and examined

potentially relevant contacts and communications by certain

broker/dealers.

06/29/09 W F Stutts, Jr. .90 Reviewed information regarding offer to purchase office

furniture in Montreal ;premises and communications with Mr.

Hendy regarding same.

06/30/09 J A Cialone, II .80 Attention to bankruptcy memos and materials; related calls and

emails.

06/30/09 R I Howell 5.20 Drafted substance of REDACTED affidavit; further work

on memo and brief explaining U.K. judgment.

06/30/09 R T Preston-Jone 2.70 Preparing further draft letters inc to Cameron McKenna;

revising earlier draft letters; sending letters; press search re

MLAT and informing legal team; receiving letter from

Cameron McKenna and circulating.

06/30/09 W F Stutts, Jr. .70 Reviewed and considered with Mr. Howell the REDACTED comments

on draft UK judgment.

07/01/09 M E Burnett .20 Searched for and provided copy of case for Bill Stutts.

07/01/09 R I Howell 3.70 Conference call with Alberto Arevalo; further work on brief to

the U.S. court regarding U.K. court judgment.

07/01/09 R T Preston-Jone 3.30 Preparing UK style version of affidavit for Karyl Van Tassel;

arranging conference call to discuss hearing on judgment;

attending to barristers' expenses reclaims; considering draft

note for US court.

07/01/09 W F Stutts, Jr. 3.90 Reviewed information from Stuart Isaac regarding our brief to

US court; reviewed new information regarding affidavit

REDACTED







(on new facts); preparation for conference call on 7/2; worked

on administration on S Isaacs matters related to affidavit.;

several communications with Mr. Howell; reviewed

information regarding grounds for appeal revisions.









79

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 13 of 377

Page 12









Hours Description

07/02/09 S W Austin .40 Attention to emails from Bill Stutts regarding

REDACTED to be filed by receiver; e-mail message to

Wes Watts regarding same;

07/02/09 J A Cialone, II 1.20 Attention to memo and other correspondence related to the UK

ruling; calls and emails about the UK rulings and its

consequences; calls and emails about bankruptcy meeting at

Receiver's office before and after.

07/02/09 R I Howell 5.20 Conference call with U.K. lawyers regarding tomorrow's

hearing on the form of the court's order; further work on brief

to file with the U.S. court regarding the U.K. judgment;

reviewed and commented on U.K. counsel's argument outline.

07/02/09 R T Preston-Jone 5.20 Receiving third affidavit of KVT and serving; arranging copies

of correspondence for Stuart Isaacs QC (barrister) and Felicity

Toube (barrister); conferring with Karen Denny; receiving

papers form Addleshaws and circulating to team; preparing for

and participating in conference call; receiving further affidavit

evidence from Cameron McKenna and considering.

07/02/09 E A Soderlund 1.30 Meet with R. Janvey, B. Krage, and counsel for putative

intervenors regarding bankruptcy-related issues.

07/02/09 W F Stutts, Jr. 3.10 Addressed points related to terms of ruling, points of appeal,

description of that ruling and information on website,

additional evidence, mechanics of trial order and judgments in

UK; communications from Antiguan liquidators lawyer;

conference call on status; examined REDACTED jurisprudence.

07/02/09 W F Stutts, Jr. .20 Placed additional inquiries to CRK regarding status of

REDACTED .

07/03/09 J A Cialone, II .60 Attention to committee proposal from New York bankruptcy

counsel.

07/03/09 R T Preston-Jone 6.50 Preparing for and attending court for judgment; conferring with

Karen Denny; receiving summary assessment schedule from

Addleshaws and researching current rates recoverable in court;

preparing letter to Cameron McKenna re affidavit; conferring

with Cameron McKenna by phone.

07/03/09 W F Stutts, Jr. 2.90 ENGLAND: Extended review, discussion and analysis and

comment on matters related to judgment proposed in English

recognition case.

07/03/09 W F Stutts, Jr. .90 CANADA conference call regarding status and developments

in Quebec regarding positions taken by Antiguan liquidators

and telephone conferences with RIH regarding those issues and

communications regarding Montreal furnishings.









80

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 14 of 377

Page 13









Hours Description

07/03/09 W F Stutts, Jr. .60 ANTIGUA Reviewed information and draft notification for

restriction on the lands; commented on the form provided.

07/04/09 J A Cialone, II .60 Calls and emails about committee proposal.

07/04/09 R I Howell 5.50 Worked on brief to U.S. Court explaining and distinguishing

the U.K. judgment.

07/04/09 W F Stutts, Jr. 3.20 ENGLAND: reviewed order/judgment developments, bases,

actions to be taken; communications with England on the

points necessary on next steps and several communications

with Bob Howell regarding the points.

07/04/09 W F Stutts, Jr. 1.80 ENGLAND: Communicated copies of ruling to SEC, with

extended discussion of provisions of the order; related

additional information sent to Houston and Dallas lawyers;

several communications with Mr. Howell regarding

distinguishing characteristics of ruling and appeals related to

errors of law.

07/04/09 W F Stutts, Jr. .30 CANADA reviewed and responded to Mr. Hendy's inquiries

related to Montreal offices.

07/04/09 W C Watts .70 Revised draft of application for restriction of Antiguan

properties.

07/05/09 W F Stutts, Jr. 1.10 Continued work on analysis of order in England; transmitted

Vantis's report of February 26 to Mr. Hendy ; communications

with Mr. Hendy regarding UK judgment.

07/06/09 J A Cialone, II .90 Further emails about bankruptcy committee; reviewed

proposed letter to SEC about UK and Vantis issues.

07/06/09 R I Howell 6.20 Worked on memorandum brief and, in that connection,

reviewed comments by U.K. counsel and by Jay Westbrook;

participated in conference call with Ralph Janvey and others

regarding pending items, including cross-border issues.

07/06/09 R T Preston-Jone 2.90 Considering draft order from Antiguan Liquidators; conferring

with Felicity Toube (barrister) by email as to Stanford's

permission to appeal; providing note relating to time for

making an application for permission to appeal; email to Bob

Howell attaching cited cases in judgment.

07/06/09 W F Stutts, Jr. 1.50 ENGLAND: Reviewed draft order and consulted with Ms.

Toube as to appeal status and party positions and related

communications with Mr. Howell.

07/06/09 W F Stutts, Jr. .30 Worked and commented on proposed letter from RSJ to Rose

Romero.

07/06/09 W F Stutts, Jr. 1.40 ENGLAND: Communications with Professor Westbrook









81

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 15 of 377

Page 14









Hours Description

regarding status of matters in England; worked on matters on

particular issues in brief in English appeal and communications

with Mr. Howell regarding same.

07/06/09 W F Stutts, Jr. .50 Further inquiry from SEC regarding meeting in Miami and

agenda; reviewed information related to meeting with AMF as

provided by Canadian counsel; effect of facts alleged in Willis

class action.

07/07/09 R I Howell 8.30 Worked all day on memorandum brief to Judge Godbey

regarding the U.K. judgment.

07/07/09 R T Preston-Jone .90 Perusing emails between barristers and Judge re permission to

appeal; conferring with Stuart Isaacs QC (barrister) by email as

to expenses.

07/07/09 W F Stutts, Jr. .90 ENGLAND: Reviewed arguments on permission to appeal and

administrative elements of appeal.

07/08/09 J A Cialone, II .60 Attention to Chapter 15 documents and issues; related calls and

emails; calls and emails about UK proceeding; emails about

Vantis issues.

07/08/09 R I Howell 10.50 Worked on brief regarding U.K. judgment.

07/08/09 R T Preston-Jone 2.90 Considering in depth draft memorandum brief re UK

proceedings and commenting to Bob Howell; receiving draft

affidavit for use in Antigua and organizing exhibits.

07/08/09 W F Stutts, Jr. 4.70 Worked on overall appeal points, costs of claims,

communications with Mr. Preston-Jones, Ms. Toube and Mr.

Isaacs; reviewed issues related to appeal; examined issues

particularly significant to overall points and specific points for

raising to court of appeal.

07/09/09 M E Burnett .90 Provided copies of cases for Bill Stutts.

07/09/09 R I Howell 7.70 Finalized memorandum brief on U.K. judgment's COMI

conclusion; met with Jay Westbrook and Bill Stutts on Prof.

Westbrook's supplemental Canadian affidavit.

07/09/09 R T Preston-Jone .40 Considering revised memorandum brief; email received from

Stuart Isaacs QC (barrister) re SFO barrister communication.

07/09/09 W F Stutts, Jr. 4.90 CANADA: Reviewed with Mr. Hendy the development of

issues in Canada and brief review of status of proceedings in

Alberta; reviewed Canadian statute and case law citation

information for consistency with non-Canadian proceedings.

07/09/09 W F Stutts, Jr. .80 ENGLAND: Communications with Mr. Arevalo as to status of

developments in England with related examination of influence

on other points; additional confirmations from Mr. Arevalo as









82

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 16 of 377

Page 15









Hours Description

to his understanding of status of REDACTED .

07/10/09 J A Cialone, II 1.00 Attention to Chapter 15 issues and related calls and emails,

07/10/09 R I Howell 2.70 Reviewed and revised Janvey affidavit for Quebec; worked on

motion for leave to file supplemental evidence in the U.S.

Chapter 15 proceeding.

07/10/09 W F Stutts, Jr. 3.70 CANADA: Reviewed affidavits filed and communications with

Mr. Howell regarding same.

07/10/09 W F Stutts, Jr. 1.10 ENGLAND: Communications with Mr. Howell, Ms. Toube,

Mr. Preston-Jones and examined principles of REDACTED



07/10/09 W F Stutts, Jr. .60 Communication with Mr. Arevalo regarding requesting copy of

April 7 order; related report to Mr. Arevalo regarding Bank of

Antigua accounts and obtained his view as to SEC position.

07/11/09 W F Stutts, Jr. .80 CANADIAN filings:Reviewed new Canadian filings and

several communications with Osler regarding status of U.S.

proceedings; notation to Ms. Ayers regarding information in

U.S. that affects Canada.

07/12/09 S A D Ayers 1.00 Responded to inquiries from Osler firm regarding motions,

declarations and evidence filed in chapter 15 action.

07/12/09 R I Howell 1.50 Reviewed and commented on the U.K. trial team's U.K. appeal

points.

07/12/09 W F Stutts, Jr. 3.30 ENGLAND: Prepared for call with reporter and

communications with Mr. Cialone regarding same; work

through issues on English appeal.

07/13/09 J A Cialone, II 1.00 Attention to bankruptcy issues including consideration of

REDACTED .

07/13/09 R I Howell 5.50 Participated in call with Houston Chronicle reporter; finalized

motion for leave to file supplemental evidence; worked on

motion for clarification of receivership order.

07/13/09 R T Preston-Jone 3.70 Email received from Bill Stutts relating to evidence filed in the

UK; checking through evidence and preparing email to Bill

Stutts; commenting on draft grounds of appeal;

07/13/09 W F Stutts, Jr. 1.10 Reviewed draft motion from Mr. Hendy regarding affidavits

and related examination of documents provided to Mr. Hendy

regarding other proceedings.

07/13/09 W F Stutts, Jr. .90 England: Prepared for and participated in call with reporter

from Houston Chronicle.

07/14/09 S A D Ayers .50 Telephone conference with Osler law firm regarding lawyers









83

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 17 of 377

Page 16









Hours Description

representing parties and proper method for service of process.

07/14/09 R I Howell 4.20 Worked on motion for clarification of receivership order and

conducted research relating thereto.

07/14/09 R T Preston-Jone 1.90 Email received from Nabarro and responding; conferring with

Felicity Toube (barrister) and further emails to and from

Nabarro; considering filing in US by Antiguans.

07/14/09 W F Stutts, Jr. 2.70 ENGLAND: Reviewed Antigua appeal documents.

07/15/09 R I Howell 6.40 Reviewed draft skeleton argument and began working on edits

and comments to same.

07/15/09 M S Kontopoulos .60 Discussion with R.Preston-Jones; emails to and from Houston

office; preparing documents for scanning

07/15/09 R T Preston-Jone 3.10 Email exchanges re Appeal in Antigua; starting to prepare

Bundle for Court of Appeal; preparing Appellant's Notice and

emailing to Felicity Toube (barrister).

07/15/09 W F Stutts, Jr. .50 CKR regarding land issues in Antigua.

07/15/09 W F Stutts, Jr. .60 CANADA: Communications with Osler and Mr. Howell

regarding new filing by Dynasty furniture in Ontario.

07/15/09 W F Stutts, Jr. .50 ANTIGUA: Reviewed Antigua appeal documents.

07/15/09 W F Stutts, Jr. 1.90 ANTIGUA AND ENGLAND: Continued communications

with England regarding points to be raised in Antiguan appeal.

07/16/09 J A Cialone, II .80 Reviewed UK materials.

07/16/09 R I Howell 6.80 Further work on U.K. grounds of appeal and skeleton argument

for appeal; conference call with U.K. counsel regarding

skeleton argument for appeal; further work on motion to clarify

receivership order.

07/16/09 M S Kontopoulos 3.50 Scanning bundles for Houston office

07/16/09 R T Preston-Jone 3.90 Conferring with Stuart Isaacs QC (barrister) re permission to

appeal and the stay; telephone call to Court of Appeal; email

received from Nabarro attaching letter from Cameron

McKenna; conferring with Nabarro and email to team; email to

Sir Clare re affidavit; discussion as to deponents to affidavit;

preparing draft index to appeal bundle; discussion as to

authorities and the bundle; considering skeleton argument;

preparing bundle.

07/16/09 W F Stutts, Jr. 2.20 ENGLAND: Conference call on England and Antigua appellate

matters; reviewed case law and comparative rules among

jurisdictions and impact of appeal in other jurisdictions.

07/16/09 W F Stutts, Jr. .70 Antigua appeal briefs.







84

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 18 of 377

Page 17









Hours Description

07/17/09 R I Howell .90 Further work on motion to clarify.

07/17/09 M S Kontopoulos 1.60 Scanning bundles and sending to Houston office

07/17/09 R T Preston-Jone 6.10 Receiving sealed orders and finalizing bundle; receiving

Cameron McKenna application to vary criminal freeze;

discussion as to appearance at hearing and perusing evidence

served.

07/17/09 N M Starbuck .90 Provided B. Stutts with Bank of Antigua Account Statements

received from FITS.

07/17/09 W F Stutts, Jr. .40 Ontario application by dynasty and communications from Ms.

Bjorkquist.

07/18/09 W F Stutts, Jr. 1.70 ENGLAND: Reviewed information regarding criminal freeze;

reviewed POCA to develop information as to REDACTED

and the potential impact of the freeze in

different situations.

07/19/09 J A Cialone, II 1.30 Attention to UK freeze order and related calls and emails.

07/19/09 W F Stutts, Jr. .80 Reviewed information and questions related to appellate

documents.

07/20/09 S W Austin .60 Reviewed e-mail message from Bill Stutts regarding sale

REDACTED ; replied.

07/20/09 R I Howell 7.30 Further work on motion to clarify the receivership order.

07/20/09 R T Preston-Jone 5.10 Finalizing and sending bundles to Felicity Toube (barrister);

letter received from Cameron McKenna re Restraint Order

hearing; email to Nabarro; preparing letter to Central Criminal

Court and sending same; researching permission to appeal in

criminal matters; receiving Cameron McKenna's application to

discharge civil freezing order; large number of emails

exchanged re REDACTED civil freeze and appearance/stance to

take.

07/20/09 W F Stutts, Jr. 1.80 Reviewed additional communications regarding developments

in England regarding modification of order and several

communications with Mr. Isaacs, Ms. Toube and Mr. Howell.

07/20/09 W F Stutts, Jr. 1.10 ENGLAND: Further exploration of possible sources of

REDACTED and potential impact REDACTED



.

07/21/09 R I Howell 5.20 Further work on motion to clarify and sent same to U.K.

counsel for comment.

07/21/09 M S Kontopoulos .90 Scanning documents; emails to and from Austin office re court

bundles









85

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 19 of 377

Page 18









Hours Description

07/21/09 R T Preston-Jone 6.90 Preparing letter to Court of Appeal re application for a stay;

attending court to file appeal bundles; attending Chambers of

Felicity Toube (barrister) to revise Appellant's Notice;

preparing letter to Cameron McKenna re civil freeze; serving

appeals on Cameron McKenna and Addleshaws; conferring

with Nabarro and receiving court papers from them; telephone

call from Court of Appeal office and email to Court of Appeal.

07/21/09 W F Stutts, Jr. 1.10 Reviewed information on effect of ruling on discharge of civil

freeze and the basis for the discharge.

07/22/09 R I Howell 3.30 Incorporated U.K. counsel's changes into motion to clarify

receivership order; email correspondence with U.K. counsel

regarding successfully obtaining leave to appeal adverse

Antiguan ruling.

07/22/09 M S Kontopoulos 1.70 Attending Court of Appeal Registry to make amendments to

bundles

07/22/09 R T Preston-Jone 3.80 Receiving Note from Lloyd LJ and circulating; preparing

response; sending Note to Cameron McKenna and

Nabarro/SFO; long chain of emails re Felicity Toube (barrister)

participating in call with DoJ counsel; 2 letters from Cameron

McKenna re civil freeze and criminal freeze discharge apps;

receiving Cameron McKenna letters re stay and their

undertaking; receiving update on Antigua from Stuart Isaacs

QC (barrister).

07/22/09 W F Stutts, Jr. .90 ENGLAND: civil discharge; information in from Court of

Appeals.

07/22/09 W C Watts .40 Reviewed International Banking Corporations Act with respect

to REDACTED



; discussed same with Bill

Stutts.

07/23/09 S W Austin .50 E-mail message from Bill Stutts regarding receivership

REDACTED ; located materials regarding

same; located statutes; sent Stenger materials and statutes

references to Bob Howell per Bill Stutts's request.

07/23/09 R I Howell 1.00 Incorporated additional comments from U.K. counsel into

Motion to Clarify Receivership Order.

07/23/09 M S Kontopoulos .40 Scanning and sending documents to Austin office

07/23/09 R T Preston-Jone 2.80 Preparing updates to Court of Appeal bundles and conferring

with paralegal; reviewing redraft of letter to Lloyd LJ;

receiving bundle of legislation for use in court and sending to

Felicity Toube (barrister).









86

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 20 of 377

Page 19









Hours Description

07/23/09 W F Stutts, Jr. 1.90 ANTIGUA information on court of appeal and preparation for

hearing and status information.

07/24/09 J A Cialone, II .80 Reviewed memo and related materials on UK litigation, and

considered Receiver's options.

07/24/09 R I Howell 2.50 Finalized proposed motion for reconsideration; reviewed

correspondence from Canadian counsel regarding AMF

intervention; email correspondence with U.K. counsel

regarding REDACTED .

07/24/09 R T Preston-Jone 7.50 Preparing for and appearing at Central Criminal Court;

appearing at Freezing Order hearing; conferring with Felicity

Toube (barrister); finalizing and sending letter to the Court of

Appeal replying to Lord Justice Lloyd.

07/24/09 W F Stutts, Jr. 2.90 ENGLAND AND ANTIGUA: Reviewed reports from England

regarding England and Antigua and timing, relationships,

different issues presented.

07/27/09 R I Howell 3.50 Telephone with Jack DeKluiver regarding info needed to get

Stanford served with Canadian suit papers; commented on

proposed court filings from UK counsel; conference call with

UK counsel regarding various topics, including status of UK

and Antiguan proceedings; conference call with UK counsel

and Antiguan counsel regarding procedural deadlines in

Antiguan appeal.

07/27/09 M S Kontopoulos 1.10 Liaising with Court of Appeal registry and preparing

documentation and amended index for updating/paginating

bundle tomorrow

07/27/09 R T Preston-Jone 7.40 Preparing for and appearing at Central Criminal Court,

receiving 2 affidavits from Cameron McKenna and considering

same; preparing letter to Cameron McKenna; participating in

conference call; dealing with 2 letters from Court of Appeal

and conferring with paralegal.

REDACTED

07/27/09 W F Stutts, Jr. 1.80 ENGLAND: Analyzed the effect of

by the Antiguan appointed

liquidators.

07/27/09 W F Stutts, Jr. .80 CANADA: Reviewed information on service related to Quebec

materials and telephone conferences with Mr. Howell related to

the same; reviewed inquiries from Mr. Hendy's office

regarding same.

07/28/09 R I Howell 1.50 Reviewed materials filed by SFO in the U.K. criminal restraint

case; reviewed report from Felicity Toube regarding that

proceeding; compiled Quebec materials and instructed

secretary to mail them to Stanford in Conroe detention center.







87

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 21 of 377

Page 20









Hours Description

07/28/09 M S Kontopoulos 6.50 Attending court to paginate bundles

07/28/09 R T Preston-Jone 7.30 Attending court at Old Bailey; reviewing emails relating to

further evidence used by DoJ in criminal case; conferring with

Felicity Toube (barrister) re Antiguans' claims

REDACTED and preparing letter to

Cameron McKenna; finalizing and sending letter to Court of

Appeal; preparing forms for Court of Appeal.

07/28/09 W F Stutts, Jr. .90 Telephone conferences with CKR regarding REDACTED

worked on same and related points.

07/28/09 W F Stutts, Jr. 2.60 ENGLAND criminal freeze hearing and Howell and Toube and

Preston Jones.

07/29/09 R I Howell .70 Email correspondence regarding potential meeting with SEC

and DOJ regarding foreign assets; reviewed correspondence

and court filings concerning UK proceedings.

07/29/09 M S Kontopoulos 3.10 Attending Court of Appeal to replace index in bundles;

pagination of duplicate bundle

07/29/09 R T Preston-Jone 4.70 Preparing for and attending at judgment hearing in Old Bailey;

letter received from Cameron McKenna and conferring with

Felicity Toube (barrister); email to Cameron McKenna; email

received from Court of Appeal; preparing and sending letter to

Court of Appeal re Stay; email received from Cameron

McKenna re Stay; perusing emails from Stuart Isaacs QC

(barrister) and Sir Clare re Antigua; conferring with paralegal

re bundles.

07/30/09 R I Howell 2.70 Reviewed SFO appeal documents; revised report to Ralph

Janvey.

07/30/09 R T Preston-Jone 8.80 Considering letter received from Cameron McKenna re 6 April

application in Antigua; conferring with Stuart Isaacs QC

(barrister) by email; email to Sir Clare; letter received from

Cameron McKenna re expedited criminal appeal; telephone

call from Court of Appeal confirming urgent hearing for

directions tomorrow; conferring with Stuart Isaacs QC

(barrister); urgent preparation of bundle for use in court; travel

to chambers of Stuart Isaacs QC (barrister) for short

consultation as regards tomorrow.

07/30/09 W F Stutts, Jr. 2.90 Questions regarding filing of recognition applications in

Antigua; related questions for appeals; SFO position in

England and English appeal; several communications with Mr.

Howell regarding the issues.

07/31/09 R I Howell .70 Reviewed correspondence from UK lawyers regarding hearing

outcome and proposed order; reviewed correspondence from







88

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 22 of 377

Page 21









Hours Description

Canadian counsel and located requested exhibits; reviewed

correspondence regarding hearing in Dallas and comment made

regarding foreign proceedings.

07/31/09 M S Kontopoulos 1.00 Delivering bundle of documents to court of appeal

07/31/09 R T Preston-Jone 6.50 Preparing for and attending Court of Appeal hearing; preparing

further bundles for Court of Appeal; preparing letter to

Cameron McKenna re recognition Application; receiving

Criminal Appeal notice.

07/31/09 W F Stutts, Jr. .80 Effect of statements: Received information from US

REDACTED





trial team describing remarks of Ms. Romero in court and

REDACTED



; several communications with Mr. Howell on

same.

08/02/09 W F Stutts, Jr. 3.30 Reviewed information and commentary related to impact of

proceedings of 7/31 on non-US proceedings in general; related

finalization of memo to Ralph Janvey regarding status and

developments; several communications with Mr. Howell and

Mr. Durst on same.

08/03/09 R I Howell 3.60 Revised update to Ralph Janvey on foreign proceedings,

reviewed transcript of hearing; worked with Bill Stutts on

script for Cialone's call to DOJ; reviewed correspondence from

UK attorneys.

08/05/09 W F Stutts, Jr. .90 Participated in several communications with Mr. Janvey and

Mr. Cialone regarding meetings and ways forward in light of

REDACTED .

08/18/09 W F Stutts, Jr. 3.90 Worked on presentation and summary and outline for Mr.

Janvey for meeting August 19 and compared and obtained

information on bank accounts and harmonized same.

08/19/09 W F Stutts, Jr. 4.30 Prepared for and participated in meeting with Department of

Justice and SEC personnel; several communications with

counsel; preparation and review of information from banking

information and other statements.

08/23/09 W F Stutts, Jr. 2.20 Reviewed information and prepared report on accruals and

related information.

REDACTED

08/23/09 R H Wood 4.10 Researched ;

researched U.S. civil and criminal forfeiture law; researched

receiver standing issues; researched relevant case-law

REDACTED



.

08/24/09 R H Wood 3.50 Continued to research relevant law regarding

REDACTED ; spoke with M. Wood regarding the







89

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 23 of 377

Page 22









Hours Description

issue and discovered cases REDACTED

; wrote an outline of important cases and citations

for memo.

REDACTED

08/26/09 R H Wood 1.90 Researched civil forfeiture

clause.

08/28/09 R H Wood 1.20 Researched issues surrounding REDACTED



; communicated with B. Stutts regarding the

same.

Matter Total 661.00





079716.0103 Aviation Matters

Hours Description

REDACTED

06/01/09 S W Austin 1.80 Replied to Malcolm Lovett regarding and

insurance; continued review and mark-up of Voluntary

Surrender Agreement adding REDACTED ; revised

Used Aircraft Special Warranty Conveyance.

06/02/09 S W Austin 4.90 Finalized Bill of Sale form and sent to Weil; reviewed

Settlement Agreement; sent e-mail message regarding

problematic provisions to Kevin Sadler; arranged for call with

Weil to discuss points; sent e-mail message to Doug Hubener

regarding projected aircraft delivery; replied to Harrison

Tucker regarding Comerica Bank counsel's contact; sent e-mail

message to Craig Adams regarding wire transfer instructions

for settlement amount; replied to Jeannette Day and Craig

Tucker regarding same; commenced mark-up of Settlement

Agreement.

06/03/09 S W Austin 4.90 Continued mark-up of Settlement Agreement and circulated to

Kevin Sadler, Bill Stutts, Richard Husseini, and Renn Neilson

for input; replied to Kevin Sadler's question regarding

REDACTED ; e-mail message from Jeannette Day regarding GE

invoices regarding aircraft loans and replied; analyzed potential

liens and sent to Kevin Sadler; sent e-mail message to Craig

Adams regarding REDACTED , e-

mail message from Kevin Sadler regarding judicial sale and

liens.

06/03/09 R A Husseini .80 Attention to aircraft settlement agreement.

06/03/09 W F Stutts, Jr. .20 Briefly reviewed current settlement agreement form.

06/03/09 J J Wellington 1.60 Settlement Agreement - review and comments.

06/04/09 S W Austin 6.30 Replied to Kevin Sadler regarding REDACTED

motion

and order; replied to Fred Fram regarding description of







90

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 24 of 377

Page 23









Hours Description

Hawker Siddeley for insurance; compiled all three aircraft

broker bids and estimates of value; drafted e-mail message to

Malcolm Lovett outlining the three alternatives; revised aircraft

brokerage agreement; telephone consultation with and e-mail

messages with Jay Madrid regarding Comerica Bank letters of

credit and notice of non-renewal; sent e-mail message to Kevin

Sadler summarizing contacts with Jay Madrid; sent e-mail

message to Jay Madrid requesting information on other

charges; telephone consultation with Weil regarding non-

renewal notice; telephone consultation with Harry Driscoll

regarding brokerage arrangement and hangaring aircraft at

Spring, Texas and insurance; sent e-mail message to Malcolm

Lovett and Fred Fram summarizing call with Harry Driscoll;

reviewed e-mail message from Kevin Sadler regarding cutting

off liens; sent aircraft broker recommendation to Malcolm

Lovett; reviewed Stipulation forwarded by Jay Madrid;

forwarded and sent comments to Kevin Sadler; request

information internally on Comerica Bank CD's; sent summary

to Kevin Sadler regarding REDACTED ;

replied to Renn Neilson's questions regarding tax issues in

Weil's draft Settlement Agreement; continued revisions to

voluntary surrender agreement.

06/04/09 J J Wellington .90 Settlement Agreement - review and comments.

06/05/09 S W Austin 6.00 Reviewed Motion and Order draft from Margaret Allen at Weil

and circulated to Kevin Sadler et al; replied to Renn Neilson

regarding his tax questions; telephone consultation with Renn

Neilson regarding same and regarding need for resale

certificate; sent e-mail message to Weil regarding same; sent e-

mail message to Bill Stutts regarding bankruptcy indemnity;

telephone consultation with Kevin Sadler regarding

REDACTED ; sent e-mail

message to Jay Madrid confirming no objection to notice of

non-renewal; sent e-mail message to Weil regarding need for

resale certificate and for call between Anthony DeVito and

Renn Neilson; several e-mail messages from Weil regarding

same; requested Renn Neilson to prepare mark-up of

Settlement Agreement with his tax comments; office

consultation with Bill Stutts regarding bankruptcy indemnity;

drafted bankruptcy blow-up provision and circulated to Bill

Stutts; reviewed comments to tax section from Jon Wellington;

revised Settlement Agreement; incorporated tax comments;

circulated to Michelle Hartmann and Margaret Allen and to

Kevin Sadler, Richard Husseini, Renn Neilson and Bill Stutts.

06/05/09 J J Wellington 5.10 Review of Settlement Agreement and proposed changes

relating to tax terms.









91

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 25 of 377

Page 24









Hours Description

06/06/09 S W Austin .10 Replied to Kevin Sadler regarding Weil Motion and Order.

06/07/09 S W Austin .10 Considered additional changes need in Stipulation with

Comerica Bank.

06/08/09 C N Adams 1.10 Telephone conference with broker regarding sale of aircraft

equipment; correspondence with Malcolm Lovett regarding

same.

06/08/09 S W Austin 4.10 Voice mail from Jay Madrid regarding Comerica Bank LOC's;

sent e-mail message to Kevin Sadler regarding same and

regarding REDACTED ;

circulated newest draft Settlement Agreement; sent e-mail

message to Katherine Hinton and Sue Ayers regarding lien

release demands; sent e-mail message to Craig Adams

regarding no bankruptcy indemnity; reviewed latest draft

Settlement Agreement and sent summary of open points to

Kevin Sadler; circulated Settlement Agreement to tax lawyers;

sent e-mail message to Tracy Perez regarding aviation subs as

Delaware LLCs; located lien release demands and sent to Sue

Ayers; continued revisions to voluntary surrender agreement

and sent to tax lawyers; e-mail message exchanges with Tracy

Perez regarding LLC status; replied to Craig Adams regarding

surviving obligations; revised Tomball Jet Center brokerage

agreement and sent to Harry Driscoll; sent e-mail message to

Weil scheduling call on open points.

06/08/09 R A Husseini .30 Attention to aviation settlement agreement.

06/08/09 J J Wellington 3.10 Review of voluntary surrender agreement and opposing

counsel's changes to the settlement agreement.

06/09/09 S W Austin 6.40 Finalized aircraft delivery receipt and voluntary surrender

agreement and trip lease; circulated to Weil; sent e-mail

message to Craig Adams regarding REDACTED



; numerous e-mail messages with Doug

Hubener regarding timing of aircraft delivery, operational

control after surrender, navigation database download; Canal

Air, LLC, anticipated aircraft delivery date, last work done;

telephone consultation with Michelle Hartmann and Margaret

Allen regarding final Settlement Agreement points; sent e-mail

message to John Greer regarding REDACTED

and need for it ; circulated to Kevin Sadler; sent e-mail

REDACTED





message to Sabine Casseus regarding appraisal confidentiality

agreements; telephone consultation with Kevin Sadler and

David Arlington regarding joint submission and two

declarations with appraisals; replied to Malcolm Lovett

regarding insurance; sent insurance extension information to

Kevin Sadler; provided input by e-mail message to Michelle









92

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 26 of 377

Page 25









Hours Description

Hartmann and Margaret Allen by e-mail message on open

points in Settlement Agreement; forwarded to Kevin Sadler;

sent additional limitation on lien obligation to Weil; gave input

to David Arlington on Motion and Order draft of Weil; e-mail

message from Weil regarding offer to split insurance cost; sent

e-mail message to Kevin Sadler regarding same; sent e-mail

message to Malcolm Lovett and John Greer requesting

insurance premium information.

06/10/09 S W Austin 6.40 Reviewed Kevin Sadler's reply to litigator team regarding

Stanford attorney's request for aircraft information; sent e-mail

message to same regarding amount of cash collateral; located

and forwarded all aircraft appraisals to Marisa Hurd et al;

reviewed latest draft Settlement Agreement; coordinated call

with Weil for discussion of litigation plan and pleadings; sent

e-mail message to Doug Hubener regarding anticipated aircraft

delivery dates; revised and forwarded aircraft brokerage

agreement to Harry Driscoll; requested Sue Ayers follow-up

regarding lien demand releases; office consultation with Cherie

Painter, President of Tomball Jet Center and Harry Driscoll

regarding contract; revised contract further based on discussion

and circulated to Ms. Painter and Harry Driscoll; e-mail

message to Weil regarding inaccurate blackline; forwarded

settlement agreement to Jon Wellington regarding question

about Canal serving as VFS agent and impact on resale

certificates; numerous emails with Jon Wellington and Renn

Neilson on this issue; replied to David Arlington regarding

information for Receiver Declaration filing; circulated

appraisals to David Arlington; conference call with Kevin

Sadler, David Arlington, Michelle Hartmann, and Margaret

Allen regarding litigation plan and pleadings; sent e-mail

message to Malcolm Lovett requesting data regarding costs of

maintaining aircraft and leaving aviation dept in place;

requested resale certificate from Weil.

06/10/09 J J Wellington 2.50 Analysis of agency issue as it relates to resale certificates;

review of Settlement Agreement.

06/11/09 S W Austin 6.50 Replied to Craig Adams regarding timing on final settlement

agreement to receiver; sent several e-mail messages to Jon

Wellington regarding REDACTED



; sent e-mail message to Malcolm Lovett regarding

insurance requirements and lender's's request and regarding the

6th aircraft; circulated payoff letters to David Arlington

regarding REDACTED ; forwarded recent

information received from appraiser to David Arlington;

requested resale certificates again; reviewed AIG insurance









93

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 27 of 377

Page 26









Hours Description

quotation; sent comments to Malcolm Lovett; locate and sent

receiver personal property sale statute to Margaret Allen;

replied to Margaret Allen regarding form of resale certificate;

reviewed and marked-up latest draft Settlement Agreement and

sent to Michelle Hartmann and Margaret Allen; sent e-mail

message to Doug Hubener regarding 6th aircraft and Tomball

Jet Center; replied to Renn Neilson regarding action of Canal

as agent; reviewed Renn Neilson's e-mail message; replied to

David Arlington regarding statute; reviewed and circulated

aviation dept data to David Arlington and Kevin Sadler

prepared by FTI.

06/11/09 J J Wellington 2.80 Analysis of agency issue REDACTED ;

review of Settlement Agreement.

06/12/09 S W Austin 5.20 Office consultation with Weil regarding change in structure,

regarding no voluntary surrender to Canal Air; sent e-mail

message to Renn Neilson regarding same; circulated latest

revised Settlement Agreement; reviewed; sent e-mail message

to Kevin Sadler and David Arlington regarding latest

developments; reviewed 2d turn of Settlement Agreement

today from Weil; circulated to tax lawyers; reviewed comment

from Jon Wellington; replied to Weil regarding IDERA;

reviewed newest premium quote; circulate it to Margaret Allen;

attention to confidentiality agreement in VFS appraisal;

telephone consultation with Malcolm Lovett regarding

insurance premium payment arrangement; e-mail message

from him confirming arrangement; gathered information for

Receiver's Declaration; circulated to David Arlington;

commence preparation of outline of secured debt calculation

and aircraft valuation; drafted e-memo to David Arlington

regarding same.

06/12/09 J J Wellington 1.30 Analysis of agency issue REDACTED ;

review of Settlement Agreement.

06/13/09 S W Austin 7.80 Reviewed e-mail message from Margaret Allen regarding

agreement to pay insurance and forwarded lien releases to

Kevin Sadler and David Arlington; reviewed e-mail message

from Margaret Allen regarding her research into standard for

review and other questions regarding process; numerous e-mail

messages with Kevin Sadler and David Arlington regarding

REDACTED and court approval and

treatment of REDACTED ; continued work on, and finalized

aircraft valuations for Janvey Declaration and forwarded to

Kevin Sadler and David Arlington; completed secured debt

calculation and circulated to David Arlington; reviewed latest

turn of Settlement Agreement, revised, and circulated to

Michelle Hartmann and Margaret Allen at Weil; revised







94

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 28 of 377

Page 27









Hours Description

Aircraft Delivery Receipt regarding no Canal involvement and

circulated to Weil; revised Used Aircraft Sale Conveyance and

circulated to Weil; sent e-mail message to Jon Wellington

regarding question on addresses for resale certificates.

06/14/09 S W Austin 6.80 Reviewed draft Janvey Declaration, Joint Submission,

Stipulation, and Affidavit of GE representative; sent e-memo of

overall comments to David Arlington and Kevin Sadler;

reviewed latest turn of Settlement Agreement and sent

conditional approval to Weil; reviewed revised Used Aircraft

Conveyance and revised; prepared draft rationale on Used

Aircraft Conveyance mark-up; marked up and sent comments

to David Arlington on Joint Submission, Stipulation, and

Janvey Declaration.

06/15/09 S W Austin 8.80 Replied to Kevin Sadler regarding owner of aviation subs;

replied to Margaret Allen regarding status of various exhibits;

finalized comments to bill of sale and circulated to Margaret

Allen and Michelle Hartmann with commentary; forwarded

address information for certificates to Margaret Allen;

reviewed latest draft pleadings circulated by Weil and sent

comments to Kevin Sadler and David Arlington; sent e-mail

messages to Jon Wellington regarding review of resale

certificates; sent e-mail message to Sue Ayers regarding fuel

liens; reviewed her reply and replied; sent e-mail message

regarding alternative strategies for addressing fuel liens to

Kevin Sadler et al; reviewed GE resolution; reviewed VFS lien

releases and sent comments to Margaret Allen; reviewed latest

Joint Submission and other pleadings and sent mark-ups to

David Arlington; replied to Kevin Sadler regarding

Declaration; worked on getting final Settlement Agreement and

all exhibits final for presentation to Receiver; sent e-mail

message to Jay Madrid to arrange a call; telephone consultation

with Jay Madrid regarding settlement with VFS and Comerica

Letters of Credit; reviewed newest turn of Settlement

Agreement; forwarded resale certificates to Jon Wellington for

review; reviewed particulars of same; raised issue of VFS's

address with Margaret Allen; reviewed next round of changes

to Stipulation; sent comment regarding lien language to Kevin

Sadler and David Arlington; e-mail message to Margaret Allen

regarding not signing or dating resale certificates; report on call

with Jay Madrid to Kevin Sadler and David Arlington; revised

Jay Madrid's Stipulation and sent to David Arlington and

Kevin Sadler.

06/15/09 J J Wellington 2.30 Review of resale certificate issues; discussions with

Comptroller's's Office regarding VFS status.









95

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 29 of 377

Page 28









Hours Description

06/16/09 S W Austin .10 Replied to Margaret Allen's's e-mail message and requested

feedback from aircraft title counsel and blackline of Settlement

Agreement.

06/17/09 S W Austin 2.90 Numerous emails regarding timing and expedition of motion

with David Arlington and impact of court's order regarding

responses deadline; office consultation with Kevin Sadler

regarding Reuters requested interview; to Kristie Blumenschein

regarding same; telephone consultation with J. Gilbennus at

Piercom regarding interview prepared for interview; located

court filing and all background information for Piercom and

forwarded to J. Gilbennus; participated in interview.

06/18/09 S W Austin .50 E-mail message to Weil regarding responsibility for drafting

bills of sale and aircraft delivery receipt; sent e-mail message

to Doug Hubener regarding court's ruling expediting responses

and regarding timetable for aircraft delivery; reviewed

Stipulation sent to Comerica counsel; sent questions to Kevin

Sadler and David Arlington regarding same.

06/19/09 S W Austin .80 Reviewed Comerica Stipulation revisions from Jay Madrid and

Release.

06/22/09 S W Austin 6.60 Prepared mark-up of Comerica Stipulation and Release and

circulated to David Arlington and Kevin Sadler; drafted all

Bills of Sale and Aircraft Delivery Receipts and forwarded

drafts to Weil; reviewed title memoranda to confirm

descriptions; prepared blacklines of all drafts and circulated to

Weil; e-mail message from Margaret Allen at Weil regarding

advance access to aircraft; sent e-mail message to Kevin Sadler

regarding same with recommendation; outlined ground rules

for prior access; sent e-mail message to Kevin Sadler and

David Arlington regarding whether any responses were filed;

input from David Arlington on Comerica Stipulation and

Release; revised further and circulated to Jay Madrid.

06/23/09 S W Austin 6.40 E-mail message to Kevin Sadler regarding status of objections

to aircraft deal; sent e-mail message to Doug Hubener outlining

ground rules for VFS access, id's and credentials required;

replied to Doug Hubener's question and request for successive

departures; sent email to Margaret Allen at Weil regarding

ground rules for access and regarding credentials and role of

each person with access; e-mail message from Jay Madrid

approve revised Stipulation and Release; arranged for

execution; e-mail message to Sue Ayers regarding same;

telephone consultation with Kevin Sadler regarding objection;

responded to Sue Ayers' questions; sent email to Brenda Cobb

and Becki Wichert, Stanford's administrator on International

Registry regarding closing this week and any requirements;







96

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 30 of 377

Page 29









Hours Description

forwarded signed and filed Stipulation to Jay Madrid; sent e-

mail message to Jeanette Day confirming wire transfer

instructions; reviewed revised Order with revisions made by

Court; telephone consultation with Kevin Sadler regarding

same; replied to Weil our approval reviewed Response and

Objection filed by RAS attorneys; sent e-mail message to

Jeanette Day regarding interest to be sent by Comerica Bank;

telephone consultation with Margaret Allen regarding

Objection by RAS; sent e-mail message to Kevin Sadler et al

regarding the RAS Objection and our position.

06/23/09 S A D Ayers .20 Filed stipulation regarding letters of credit;

06/24/09 S W Austin 7.30 Replied to Jeannette Day and Craig Adams regarding RAS

Objection just filed and delay in wires receipt; sent e-mail

message to Bob Howell regarding point raised in Objection;

replied to Kevin Sadler REDACTED ;

telephone consultation with Michelle Hartmann and Margaret

Allen regarding approval by Court and closing matters;

circulated approval signed by Court to Kevin Sadler and David

Arlington; sent e-mail message to Jay Madrid forwarding

Order and alerting Comerica Bank about VFS pulling LOC's;

sent e-mail message to Bob Howell regarding court approval;

replied to Becki Wichert at IATS regarding missing IR

Authorization; forwarded Joint Submission and Court Order to

Becki Wichert; sent e-mail message to Doug Hubener

regarding court approval and closing this week; sent wire

transfer instructions to Comerica Bank's's counsel, Jay Madrid;

e-mail message to Kevin Sadler about REDACTED ; sent

e-mail message with wire transfer instructions for Escrow

Agreement; sent e-mail message to Doug Hubener with copies

of Conveyances showing what is being conveyed; telephone

consultation with Malcolm Lovett regarding brokerage

agreement on 6th aircraft; sent e-mail message to Craig Adams

regarding whether brokerage agreement needs court approval;

reviewed aircraft title counsel's comments to Conveyances;

arranged for incorporation of changes; reviewed drafts;

prepared execution originals of Conveyances; telephone

consultation with Amy Rhodes and Margaret Allen regarding

closing; forwarded title memoranda to Amy Rhodes; sent

Dennis Blackburn's name to Doug Hubener; forwarded Doug

Hubener's contact information to VFS; prepared transmittal

escrow letter to accompany signed conveyances; sent e-mail

message to Sue Ayers regarding discrepancy in case style;

reviewed her response; replied to Doug Hubener's questions;

circulated execution Conveyances to Kristie Blumenschein

with transmittal letter and execution instructions; telephone

consultation with Amy Rhodes and Mark Peregrin regarding







97

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 31 of 377

Page 30









Hours Description

proper Honeywell engine description; telephone consultation

with Margaret Allen regarding closing matters and pink copies;

revised Conveyances to correct engine descriptions; reviewed

and revised Escrow Agreement and circulated to Margaret

Allen and Michelle Hartmann.

06/24/09 J A Cialone, II .80 Reviewed documents on aircraft settlement.

06/25/09 S W Austin 8.20 Sent replacement pages to aircraft title counsel for two

Conveyances with corrected engine descriptions; sent e-mail

message to Jeanette Day regarding whether interest from

Comerica Bank received; sent e-mail message to Jay Madrid

about Receiver wire not received; sent e-mail message to Sue

Ayers regarding mechanics liens to be released; replied to Sue

Ayers questions regarding same; sent pilot list to Doug

Hubener; reviewed response and addressed his questions;

forwarded aircraft and lien descriptions to Sue Ayers; revised

aircraft delivery receipts and sent blacklines to Margaret Allen;

e-mail message to Doug Hubener regarding capability to

receive and sign aircraft delivery receipts at closing; reviewed

aircraft title counsels changes to Escrow Agreement; telephone

consultation with Margaret Allen regarding same; telephone

consultation with Margaret Allen, and Mark Peregrin, escrow

agent regarding changes; reviewed his signature page;

forwarded Jay Madrid's reply with amount of Comerica wire to

Jeanette Day; reviewed International Registry authorizations

and sent comments to Becky Wichert; requested VFS's

signature page; forwarded IR authorizations corrections to

Becki Wichert; replied to Doug Hubener regarding pink slips

and closing timing; prepared execution originals and

instructions to Kristie Blumenschein for execution of Escrow

Agreement and IR Authorizations; reviewed status updates

from Doug Hubener regarding VFSs representative's's

inspection of the aircraft; e-mail message to Margaret Allen

regarding timing of pre-closing call; sent e-mail message to

Doug Hubener regarding Aircraft Delivery Receipts; sent e-

mail message to Renn Neilson regarding GE's proposal for

signing aircraft delivery receipts Allen; reviewed response; sent

e-mail message to Margaret Allen regarding same; confirmed

funds received in escrow and notified Kevin Sadler et al; sent

Stanford hangar address to Margaret Allen; replied to Renn

Neilson and outlined signing process; reviewed newest title run

showing lien releases and forwarded to Sue Ayers; sent

replacement pilot name to Doug Hubener and reviewed his

response; continued review of lien releases and other

documents to be in escrow; alert Doug Hubener to two

overnight packages; circulated aircraft delivery receipts for

execution.







98

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 32 of 377

Page 31









Hours Description

06/25/09 J J Wellington .80 Finalizing sales tax matters relating to VFS aircraft acquisition.

06/26/09 S W Austin 4.50 E-mail message regarding preparation of blacklined Aircraft

Delivery Receipts; sent e-mail message to Kristie

Blumenschein regarding signing and dated IR Authorizations

and sending by pdf; requested confirmation of my authority to

release Conveyances in closing call; reviewed confirmation

received from Ralph Janvey; sent e-mail message to Jeanette

Day regarding anticipated wire receipt today and need

confirmation during closing call; requested copies of all

documents in escrow from escrow agent; reviewed same; sent

e-mail message to Doug Hubener regarding RAS personal

effects; circulated Escrow Agreement signature page from

Receiver to Margaret Allen and Michelle Hartmann; circulated

signed IR Authorizations to Becki Wichert at IATS; sent e-mail

message to Doug Hubener regarding whether parts and pink

copies received and pilots showed; requested copies of

escrowed Aircraft Delivery Receipts for review; telephone

consultation with Michelle Hartmann and Margaret Allen

regarding readiness to close; e-mail message to Margaret Allen

regarding fueling request and fuel receipts; participated in

closing conference call; circulated reviewed Hawker aircraft

delivery receipts with corrected engine description and

received copies of newly signed ones; confirmed wire received

by Receiver; notified Doug Hubener that wire received;

attention to resale certificates; sent e-mail message to Jeanette

Day and Bill Stutts regarding risk management policies;

reviewed replies; sent e-mail message to Doug Hubener

confirming possession and title transfer and regarding no more

restriction of access to aircraft; sent e-mail message to Kevin

Sadler et al regarding closing completed; several e-mail

messages with Doug Hubener regarding Global Express

grounding due to routine electrical issue; sent e-mail message

to Kevin Sadler regarding same; telephone consultation with

Harry Driscoll regarding brokerage agreement for 7th aircraft;

sent e-mail message to Houston Executive Air with questions

regarding hangar arrangements; sent e-mail message to

Malcolm Lovett regarding Houston Executive Airport;

received fuel receipts.

06/29/09 S W Austin .10 Replied to Jeannette Day regarding sales taxes.

06/30/09 S A D Ayers .50 Telephone conference with Solapp Aviation regarding liens.

07/03/09 S W Austin .10 Replied to Sue Ayers regarding REDACTED



.

07/07/09 S W Austin 1.90 Revised Brokerage Agreement form provided by Harry

Driscoll; forwarded comments to Harry Driscoll; forwarded







99

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 33 of 377

Page 32









Hours Description

terms of payment at Houston Executive Airport to Malcolm

Lovett with questions; reviewed his reply.

07/08/09 S W Austin .70 Replied to Harry Driscoll regarding brokerage agreement

execution; draft transmittal letter to Kristie Blumenschein with

other aircraft documents, including registrations; replied to

Jeanette Day's e-mail message regarding her request for copies

of V FS settlement agreement and bills of sale; considered

Jeanette Day's question regarding insurance premium refund;

replied regarding VFS's payment at closing.

07/09/09 S W Austin .90 Compiled certain closing documents to send to Jeanette Day.

07/09/09 S W Austin .80 Prepared description for information to court and Mr. Janvey.

07/10/09 S W Austin 3.80 Replied to Doug Hubener regarding movement of Hawker

Siddeley; telephone consultation with Andrew Perry at

Houston Executive Airport regarding rental amount and other

issues; compiled information on Solapp Aviation lien and send

to Wes Watts, together with title memoranda, with instructions

for drafting Release of Lien; reviewed precedential hangar

leases; forwarded demand letter sent to Solapp to Wes Watts;

sent e-mail message to Jay Madrid regarding exchange of

release; reviewed insurance application forwarded by Andrew

Perry; requested HEAS's insurance certificate from Andrew

Perry ; continues revisions to letter agreement; forwarded

drafting letter agreement to Andrew Perry; sent e-mail message

to Harry Driscoll regarding signed brokerage agreement.

07/10/09 W C Watts .50 Reviewed Solapp demand letter and began drafting release of

lien.

07/13/09 S W Austin .70 Sent e-mail message to Doug Hubener regarding Harry

Driscoll as broker for Hawker Siddeley and regarding his

access to aircraft; replied to Harry Driscoll regarding same and

regarding Amstat and JetNet marketing services; sent e-mail

messages to Amstat and JetNet confirming Driscoll as broker;

sent e-mail message to Wes Watts regarding Duncan, Solapp,

and World Fuel aircraft liens.

07/13/09 S A D Ayers .50 Reviewed draft release of lien for service on Solapp aviation.

07/13/09 J A Cialone, II .80 Attention to airplane hangar personnel and asset issues.

07/13/09 W C Watts 6.50 Reviewed liens filed against Stanford aircraft and tied each of

them to corresponding releases; drafted releases for those liens

that were not released previously.

07/14/09 S W Austin 1.20 Replied regarding Solapp Release; e-mail message exchange

with Jeanette Day regarding hangar space; sent e-mail message

regarding Solapp release of lien filing; reviewed and revised









100

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 34 of 377

Page 33









Hours Description

draft World Fuel Disclaimer; requested copy of form of

Release of Lien World Fuel used for recorded liens; prepared

transmittal to Mark Peregrin requesting approval of form.

07/14/09 S A D Ayers .50 Communicating with Solapp Aviation regarding lien release.

07/15/09 S W Austin 2.40 E-mail message from Kevin Sadler regarding REDACTED

; sent e-mail message to Doug Hubener

regarding same; reviewed Mark Peregrin's reply regarding

REDACTED ; sent

questions and reviewed his reply and changes to Disclaimer;

reviewed form of hangar agreement sent by Andrew Perry of

Houston Executive Aircraft; telephone consultation with

Andrew Perry regarding same; revised our form letter

confirmation of rental terms; reviewed Andrew Perry's e-mail

message confirming rental terms and prepared reply.

07/15/09 S W Austin 1.00 Reviewed Motion and gave input to Sue Ayers; prepared mark-

up.

07/16/09 S W Austin 1.90 Replied to Doug Hubener regarding aircraft acquisition dates

and to his amendment e-mail message; forward aircraft

acquisition dates to Kevin Sadler; replied to Andrew Perry of

Houston Executive Airport regarding his confirmation of rental

details; telephone consultation with Malcolm Lovett regarding

next steps for moving last aircraft; sent e-mail message

regarding engines runs to Malcolm Lovett; e-mail message

exchanges with Jeanette Day regarding check for hangar rental;

forwarded changes to World Fuel disclaimer form sent by

VFS's aircraft title counsel; forwarded to Wes Watts and

requested he send to World Fuel's counsel with request to sign

and file.

07/16/09 W C Watts .40 Drafted Release and Disclaimer.

07/17/09 S W Austin .20 Replied to Malcolm Lovett and Jeanette Day regarding engine

runs and taxiing operations for aircraft to be hangared at

Houston Executive Airport.

07/17/09 W C Watts .70 Drafted Release and Disclaimer; prepared documents to be

included to World Fuel Services' counsel.

07/20/09 S W Austin .80 Reviewed letter from Honeywell regarding maintenance

contracts default; circulated to Kevin Sadler and Bill Stutts;

replied to Doug Hubener regarding same.

07/21/09 S W Austin .40 E-mail message to Harry Driscoll regarding Power by the

Hour; briefly reviewed Power by Hour materials forwarded by

Jeanette Day.

07/22/09 S W Austin 1.80 Reviewed provisions of settlement agreement regarding









101

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 35 of 377

Page 34









Hours Description

Honeywell maintenance contracts; prepared draft e-mail

message to Honeywell for Kevin's review; forwarded analysis

and draft e-mail message to Kevin Sadler and Bill Stutts; sent

e-mail message to Margaret Allen requesting canceled notes.

07/23/09 S W Austin .10 E-mail message to Doug Hubener regarding relocation of

Hawker Siddeley.

07/24/09 S W Austin .20 Sent e-mail message to Jeanette Day regarding relocation to

Houston Executive Airport; sent e-mail message to Andrew

Perry at Airport regarding postponed relocation of Hawker

Siddeley and contact information.

08/01/09 S W Austin .10 Replied to Bill Stutts regarding Antiguan aviation employee.

08/02/09 W F Stutts, Jr. .30 Reviewed information from Ms. Austin regarding aviation

employees in Antigua and communication of same to Mr.

Lovett.

08/03/09 S W Austin .20 Reviewed e-mail message from Bill Stutts; sent questions and

comments to Bill Stutts regarding Antiguan hangar and

employee

08/03/09 J A Cialone, II .40 Attention to aviation issues.

08/04/09 S W Austin .30 Reviewed e-mail message from Margaret Allen regarding

status of liens; replied to Margaret Allen regarding same; sent

e-mail message to Wes Watts regarding contact with World

Fuel counsel.

08/06/09 S W Austin 1.70 E-mail message to Andrew Perry regarding repositioning

Hawker Siddeley next week; reviewed his response; numerous

emails to Jeanette Day, Harry Driscoll, Doug Hubener

regarding best place for log books and spare parts and whether

spare parts will increase value of sale.

08/07/09 S W Austin .40 Sent e-mail message to Mark Peregrin regarding lien releases;

e-mail message exchanges with Doug Hubener regarding pilots

for repositioning flights; sent e-mail message to Andy Perry

regarding availability of storage space for spare parts and

logbooks.

08/10/09 S W Austin 1.70 Attention to repositioning Hawker Siddeley from Sugar Land

to Houston Executive Airport; numerous emails to Andrew

Perry and Scott Andre at HEA and to Jeanette Day, Doug

Hubener and Harry Driscoll regarding timing, regarding access

list and rent, and regarding keys; telephone consultation with

Harry Driscoll regarding buyer interest.

08/10/09 W C Watts .50 Corresponded with counsel for World Fuel regarding

unrecorded liens against Stanford aircraft.









102

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 36 of 377

Page 35









Hours Description

08/11/09 S W Austin .40 Repositioned aircraft to Houston Executive Airport; e-mail

message exchanges with Jeanette Day and HEA and Doug

Hubener regarding same.

08/12/09 S W Austin 1.20 Replied to Mark Peregrin regarding title search on World Fuel

Disclaimer; sent e-mail messages to and from Jeanette Day and

Fred Fram regarding FAA address for notice, regarding space

for logbooks and spare parts, and regarding mechanics for

engine runs; sent e-mail message to Scott Andre at Houston

Executive Airport regarding same; reviewed World Fuel

release sent by Mark Peregrin; replied; sent e-mail message to

Wes Watts regarding contacting World Fuel's counsel.

08/12/09 W C Watts .80 Reviewed lien filings and correspondence related thereto;

drafted correspondence to World Fuel summarizing

shortcomings in previously filed release and disclaimer and

requesting execution of release provided by BB.

08/13/09 S W Austin .70 Sent e-mail message to Houston Executive airport regarding

spare parts delivery; e-mail message to Margaret Allen

regarding receipt of canceled note; sent e-mail message

regarding access to aircraft to Jeanette Day.

08/24/09 S W Austin .40 E-mail message from Margaret Allen regarding World Fuel

liens; forwarded to Wes Watts; reviewed Settlement

Agreement regarding unreleased liens; reviewed Wes Watt's

reply; sent reply to Margaret Allen regarding anticipated

release timing.

08/24/09 W C Watts .60 Spoke to and corresponded with World Fuel counsel regarding

release and disclaimer of liens on Stanford aircraft.

08/25/09 W C Watts .80 Reviewed correspondence from counsel from World Fuel;

drafted correspondence to Mark Peregrin and sent Disclaimer

and Release of unrecorded liens overnight.

08/26/09 S W Austin .20 E-mail message from Wes Watts regarding World Fuel liens;

replied with questions for aircraft title counsel's office.

08/26/09 W C Watts .50 Corresponded via email and spoke on the phone with aircraft

counsel regarding releases of unrecorded liens filed by World

Fuel; requested copies of all.

08/31/09 S W Austin .50 Revised aviation summary and sent to Craig Adams.

Matter Total 178.30





079716.0104 Banking Matters









103

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 37 of 377

Page 36









Hours Description

06/01/09 H T Hamner III .50 Reviewed revised agreement between Oasis Bank and Receiver

relating to return of cashier's check to remitter, provided

comments on same.

06/02/09 H T Hamner III 1.60 Call with FTI team regarding REDACTED , follow-

up email to K. Wolfe regarding data discrepancies, additional

data request; correspondence with B. Stutts regarding TD data

production; attention to other banking matters.

06/03/09 H T Hamner III .50 Attention to finalizing agreement regarding Oasis Bank

cashier's check; attention to data requests.

06/04/09 H T Hamner III .60 Attention to finalization of Oasis Bank direction agreement;

communications with D. Arlington regarding REDACTED

.

06/05/09 H T Hamner III .70 Call with R. Plotkin to discuss issues with TD Bank providing

additional data related to Stanford accounts, follow-up

communication with FTI team regarding same.

06/08/09 H T Hamner III 1.10 Call with J. Ferguson regarding issues with TD Bank data

production; call to R. Plotkin; attention to finalization of Oasis

Bank direction letter.

06/09/09 H T Hamner III .70 Finalized letter to J. Hamilton regarding new draw under

Schwab letter of credit, return of cash collateral; call to J.

Hamilton regarding same.

06/10/09 H T Hamner III 2.70 Conference with B. Stutts regarding Bank of Antigua matters,

follow-up work on same; call with R. Plotkin, representatives

of TD Bank and FTI regarding REDACTED



, follow up call with FTI regarding same.

06/10/09 W F Stutts, Jr. 1.60 Obtained from Mr. Hamner information regarding Bank of

Antigua accounts and reviewed same; reviewed questions

regarding Julius Baer accounts and statements.

06/11/09 H T Hamner III 2.30 Correspondence regarding proposal from Bank of America to

assess banking fees on Stanford accounts; drafted letter

responding to request from Eastern Caribbean Central Bank

relating to unfreezing of accounts.

06/11/09 W F Stutts, Jr. 1.40 Reviewed information from Mr. Hamner regarding points on

Bank of Antigua service charges and commented on Mr.

Hamner draft letter to ECCB regarding their most questions

about accounts.

06/12/09 H T Hamner III .10 Emails relating to data requests.

06/15/09 H T Hamner III .80 Conference with J. Ferguson, K. Blake, C. Kolodjeski

regarding requests for additional data from Toronto Dominion.









104

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 38 of 377

Page 37









Hours Description

06/16/09 H T Hamner III .80 Prepared request for supplemental data to be produced by

Toronto Dominion, sent same to R. Plotkin; emails regarding

other banking matters.

06/18/09 H T Hamner III .40 Email to R. Janvey regarding REDACTED



.

06/20/09 H T Hamner III .10 Located correspondence regarding REDACTED



per request of B.

Howell.

06/24/09 W F Stutts, Jr. .30 Reviewed information form and communication with Mr.

Hamner regarding REDACTED



.

06/25/09 H T Hamner III .20 Responded to emails relating to Bank of America matters.

06/26/09 H T Hamner III .20 Responded to questions from B. Stutts.

06/26/09 W F Stutts, Jr. .40 Reviewed letter draft from Hearing Hamner to ECCB and

commented on same.

06/27/09 H T Hamner III .10 Attention to emails.

06/29/09 W F Stutts, Jr. .30 Letter to ECCB.

06/29/09 J P Zabaneh .90 Correspondent banking at BofA issues.

06/30/09 W F Stutts, Jr. 1.90 Reviewed information, status and location of bank account

holdings and securities REDACTED

and updated that information with further questions

related to sources of certain funds in accounts not in the U.S.

06/30/09 J P Zabaneh 1.10 Correspondent banking at Bank of America; wire transfers.

07/01/09 H T Hamner III .50 Attention to data production by Toronto Dominion; emails

regarding same.

07/02/09 H T Hamner III .30 Reviewed letters from Bank of Antigua regarding frozen funds;

reviewed reply letter prepared by J. Zabaneh.

07/06/09 H T Hamner III .20 Attention to Bank of Antigua requests.

07/06/09 W F Stutts, Jr. .90 Attention to Bank of Antigua wire issues.

07/07/09 H T Hamner III 1.80 Call to A. Narin of Mellon United regarding transfer of funds;

drafted funds transfer direction letter, sent to A. Narin; call

with K. Schlanger regarding sale of property REDACTED

; emails to J. Zabaneh regarding various

matters; calls with J. Hamilton regarding providing additional

bank statements for Bank of Houston accounts.

07/07/09 W F Stutts, Jr. .80 Personal accounts questions and reviewed information

regarding Bank of Antigua accounts.







105

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 39 of 377

Page 38









Hours Description

07/08/09 H T Hamner III 2.40 Conference with J. Zabaneh regarding various follow-up items

on banking matters; responded to requests from B. Stutts;

follow-up with Mellon United Bank regarding transfers;

attention to other banking-related matters.

07/08/09 W F Stutts, Jr. 1.60 Bank of Antigua accounts and information.

07/08/09 J P Zabaneh 6.90 Drafted requests for wire transfers; correspondence with FTI;

Researched DKR issues; Researched Bank of Antigua accounts

and amounts.

07/09/09 H T Hamner III .80 Attention to wire of funds from Mellon United to Receiver's

account; follow up on open items regarding transfers of funds

to Receiver's account; attention to other banking matters.

07/09/09 J P Zabaneh .50 Wire transfers instruction letters.

07/10/09 H T Hamner III .10 Attention to Bank of Houston account statements.

07/10/09 J P Zabaneh .30 Trustmark commission issues.

07/13/09 H T Hamner III .30 Responded to questions from B. Stutts.

07/13/09 W F Stutts, Jr. .80 Reviewed information from Mr. Hamner regarding

REDACTED and telephone conferences with Mr.

Reece and Mr. DeKluiver's office regarding Bank of Antigua

accounts and responded to inquiry from Mr. Kenney Byron and

further work on letter related to funds and release of same.

07/14/09 H T Hamner III .40 Attention to transfer of funds from Barclays account being held

at Bank of New York.

07/15/09 H T Hamner III .80 Correspondence with Barclays, Bank of New York and FTI

regarding wires that were supposed to have been sent to

Receiver's account.

07/15/09 J P Zabaneh .50 Commissions payable to Stanford.

07/16/09 H T Hamner III .80 Attention to transfer of funds from Barclays being held at Bank

of New York; call with attorney for DKR Capital; call with B.

Stutts; attention to other banking matters.

07/17/09 W F Stutts, Jr. 1.90 Worked on information regarding bank of Antigua and location

and amounts of funds in various accounts.

07/18/09 W F Stutts, Jr. .90 Bank of Antigua also information mollica regarding amounts at

Pershing.

07/19/09 H T Hamner III .40 Email to lawyer for Trustmark regarding request for account

data.

07/20/09 H T Hamner III 1.50 Attention to bank account data requests; attention to transfer of

funds from Cane Capital, Barclays; attention to Paradigm Fund









106

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 40 of 377

Page 39









Hours Description

issues.

07/20/09 W F Stutts, Jr. 1.10 Communications to C. Kolodjeski at FTI and with Herschel

Hamner regarding issues regarding REDACTED and

reviewed information on hand regarding the same; continued

development.

07/20/09 W F Stutts, Jr. .30 Information from Mr. Hamner regarding

REDACTED .

07/21/09 H T Hamner III .40 Attention to questions from FTI regarding transfers of funds,

Trustmark account data.

07/21/09 J P Zabaneh .40 Citi account research.

07/22/09 H T Hamner III .60 Attention to issues with Cane Global delivery of funds to

Receiver; follow up emails with C. Kolodjeski.

07/23/09 H T Hamner III 2.70 Participated in call with B. Stutts, J. Ferguson, C. Kolodjeski

regarding Bank of Antigua matters; call with counsel to Cane

Capital regarding return of Stanford investment funds; follow

up emails to various financial institutions regarding wiring

funds.

07/23/09 W F Stutts, Jr. 1.80 Information from Mr. Kolodjeski regarding Trustmark and

other accounts and ; reviewed information at hand for

REDACTED







account information; reviewed information from FTI and

telephone conferences with Jeff Ferguson and Craig Kolodski.

07/23/09 J P Zabaneh .70 Correspondence regarding outstanding balances and wire

transfers; private equity.

07/24/09 H T Hamner III 1.10 Attention to preparing documentation to authorize transfer of

funds held in Barclays accounts to Receiver's account; drafted

letter regarding Paradigm Fund, sent to M. LoPresti; email

regarding proposal for transferring remaining amounts at Cane

Global.

07/24/09 J P Zabaneh 3.30 Discussion regarding outstanding balances; correspondence

with Barclays Wealth regarding wire transfer authorization.

07/27/09 W F Stutts, Jr. .60 Telephone conferences with Patty Melamed of Bank of

America regarding document information and delivery and

timing on receipt of that information all regarding Bank of

Antigua accounts at Bank of America.

07/27/09 W F Stutts, Jr. 2.80 Reviewed with Mr. Howell issues related to Bank of Antigua;

telephone conferences Jack DeKluiver regarding question on

DOJ position regarding Bank of America; several comments

with Mr. Howell; telephone conferences with Michael Moore

on the SEC position on same; extended questions regarding

actions to be taken and information relevant to the decisions.









107

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 41 of 377

Page 40









Hours Description

07/27/09 J P Zabaneh 1.00 Prepared letters to Barclays for liquidation of assets.

07/28/09 W F Stutts, Jr. 1.80 Telephone conference with RSJ and Michael Moore regarding

letters received today from ECCB regarding sale of Bank of

Antigua and related preparation of memo regarding open

points; initial assembly of information on same.

07/30/09 W F Stutts, Jr. 1.10 Prepared letter to Governor Venner and worked on underlying

information for the same; several communications related to

account information and reviewed information from Bank of

America.

07/31/09 W F Stutts, Jr. 1.10 Bank of Antigua.

07/31/09 J P Zabaneh .30 Correspondence regarding closing of certain accounts.

08/02/09 W F Stutts, Jr. 1.10 Continued work on letter to Dwight Venner and transmittal of

same regarding draft for Ralph Janvey; additional

communication with Herschel Hamner regarding points on

Bank of America account information.

08/03/09 H T Hamner III .90 Responded to emails from B. Stutts; attention to outstanding

transfer requests; attention to other banking matters.

08/03/09 W F Stutts, Jr. .60 Reviewed with Mr. Hamner the needs for information

REDACTED and telephone conferences

with Patty Melamed of Bank of America regarding same.

08/03/09 J P Zabaneh 1.00 Correspondence regarding accounts held at Barclays;

Trustmark accounts.

08/04/09 H T Hamner III 2.90 Drafted agreement between Receiver and Cane Capital relating

to transfer of certain proceeds of liquidation of investment to

Receiver's account, settlement of claims by Cane against

Stanford Financial Group.

08/04/09 H Lok 2.10 Review check images for Bank of Antigua account at Bank of

America.

08/04/09 W F Stutts, Jr. 1.40 Made arrangements for junior associate to conduct review in

NY of Bank of America information; several points of

instruction on the scope and related facts for Ms. Wilm and Ms.

Lok; related information to Mr. Hamner on points for data

retrieval.

08/05/09 J C Akalski 6.30 Stanford receivership document review.

08/05/09 H T Hamner III .50 Revisions to agreement with Cane Capital; sent draft of same

to counsel to Cane.

08/05/09 H Lok 6.50 Review check images for Bank of Antigua account at Bank of

America.









108

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 42 of 377

Page 41









Hours Description

08/05/09 W F Stutts, Jr. .70 Reviewed with Mr. Janvey REDACTED

and

related revision of same and worked on materials to be

submitted with that.

08/06/09 J C Akalski 8.50 Stanford receivership document review.

08/06/09 H T Hamner III 1.00 Call with Paradigm Fund lawyer, Bank of New York, counsel

to fund in which Paradigm invested relating to release of funds

owing to Paradigm Fund; revised letter relating to Paradigm

Fund and redistributed same; responded to requests from B.

Stutts relating to Bank of Antigua.

08/06/09 H Lok 8.80 Review check images for Bank of Antigua account at Bank of

America.

08/06/09 W F Stutts, Jr. .90 Worked on letter to Governor Venner regarding Bank of

Antigua and incorporated findings from Bank of America

work.

08/06/09 J P Zabaneh 2.20 Research regarding correspondent banking at Trustmark, TD,

Bank of America and Credit Suisse.

08/07/09 J C Akalski 2.50 Review documents related to Stanford / Bank of Antigua, at

bank of America offices.

08/07/09 H T Hamner III .20 Responded to questions/requests of B. Stutts relating to Bank

of Antigua.

08/07/09 H Lok 4.80 Review check images for Bank of Antigua account at Bank of

America.

08/07/09 W F Stutts, Jr. 1.10 Reviewed input on letter to Governor Venner including

verification of deposit amounts from Mr. Zabaneh and related

information from other sources; revisions to and updating of

response and reviewed additional information from Bank of

America

08/07/09 J P Zabaneh 4.20 Research regarding Bank of Antigua correspondent banking

and account balances.

08/09/09 H T Hamner III .30 Responded to questions from D. Arlington regarding letter of

credit issued by Trustmark to Cisco.

08/10/09 H Lok .30 Correspondence with Bank of America regarding check images

for Bank of Antigua account at Bank of America.

08/10/09 J P Zabaneh 1.00 ECCB-related matters.

08/11/09 H T Hamner III .20 Responded to requests of B. Stutts.

08/11/09 J P Zabaneh 3.70 Correspondence with FTI; prepared spreadsheet with account

detail and balance information for every account, of every

entity, in every country (other than US).









109

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 43 of 377

Page 42









Hours Description

08/12/09 H T Hamner III .50 Reviewed letter to Gov. Venner per request of B. Stutts;

provided comments on same.

08/13/09 H M Chappel 1.30 Compiled debit and credit amounts from Stanford Int'l Bank

Debits/Credits in preparation for attorney review.

08/14/09 W F Stutts, Jr. .40 Letter to ECCB and coordination of information for inclusion

08/17/09 H T Hamner III .80 Responded to questions from D. Arlington regarding Paradigm

fund issues; attention to request from counsel to Trustmark.

08/17/09 H Lok .20 Correspondence with Bank of America regarding check images

for Bank of Antigua account at Bank of America.

08/18/09 H T Hamner III .50 Call with D. McMahon (counsel to Cane Capital) regarding

agreement relating to withdrawal of investment from Cane

Global Macro fund; revised agreement, sent to D. McMahon

for review; sent final agreement for all parties to sign.

08/24/09 H T Hamner III .20 Finalized agreement with Cane Capital relating to withdrawal

of investment, circulated executed version to all parties.

08/25/09 H T Hamner III .20 Attention to transfers of funds to Receiver's account at Chase.

08/31/09 K W Hinton .60 Reviewed BOA Production and created folder on shared drive

for same; supervised and assisted with uploading production to

shared drive.

08/31/09 D S Rohleder .50 Uploaded Production Content from Bank of America CDs to

our Shared Drive per K Hinton;

08/31/09 W F Stutts, Jr. .20 Reviewed and commented on response from ECCB regarding

earlier communication regarding Bank of Antigua

Matter Total 136.90





079716.0105 Brokerage and Trust Matters

Hours Description

06/01/09 C N Adams .40 Telephone conference with Malcolm Lovett regarding account

review process.

06/01/09 D T Arlington 5.80 Worked on account reviews; telephone conferences with

account holders; conferences and email exchanges with team

regarding account review issues.

06/01/09 B A Day 1.00 Reviewed and analyzed documents for creation of stipulations

for a partial release of funds in account holders' Pershing

accounts.

06/01/09 V O Garcia .50 Meeting with A. York, D. Arlington and K. Hinton regarding

account holder stipulations and procedures for filing; review







110

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 44 of 377

Page 43









Hours Description

Stanford deadlines .

06/01/09 M A Gold 1.80 Attention to Stanford investor questions and document

production; attention to issues regarding Beta.

06/01/09 M G Myers 8.30 Attention to matters relating to account release of accounts

containing de minimis amounts of proceeds from Stanford

International Bank certificates of deposits; drafted documents

for website updates; researched and discussed assignment

instrument to be used to evidence certificate of deposit claim

for Stanford Trust Company investors; attention to various

other matters relating to account transfers of Stanford Trust

Company.

06/01/09 A F York 9.80 Prepared stipulations for partial account releases; office

conference with D. Arlington regarding same; conference calls

with V. Kurylak regarding same; various calls and emails with

FTI, FITS, and Stanford regarding same; calls with J. Epstein

regarding same; reviewed and revised list of outstanding

releases; circulated instructions to FTI/FITS/Stanford regarding

same; coordinated pickup of leased equipment from Stanford

Austin office space.

06/02/09 D T Arlington 6.20 Worked on account reviews and stipulations; telephone

conferences with account holders and their counsel;

conferences and email exchanges with team regarding account

review issues; reviewed recent filings.

06/02/09 J A Cialone, II .80 Calls and emails about account release process; calls and

emails about trust accounts and issues related thereto.

06/02/09 T M Davis 1.30 Stanford brokerage call with account release team, M. Lovett,

and K. Sadler; read emails regarding Examiner question.

06/02/09 B A Day 1.00 Reviewed and analyzed documents for creation of stipulations

for a partial release of funds in account holders' Pershing

accounts.

06/02/09 V O Garcia 2.50 Meet with K. Hinton regarding Stanford tasks and ongoing

projects; file Stipulation Regarding Release of Accounts

(Painter) with the Northern District and send same for share

drive and create index to track same and send to D. Rohleder.

06/02/09 M A Gold 3.00 Correspondence with investors and call with B. Lawrence

regarding successor general practice issues; attention to

responding to question/issues and correspondence; draft

memorandum regarding contacts.

06/02/09 J C Huddleston 4.00 Maintained and updated account holder Stipulated Partial

Release Summary information for attorney review; prepared

ARS reports and account holder confirmations for attorney









111

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 45 of 377

Page 44









Hours Description

review; reviewed and compiled list of outstanding accounts.

06/02/09 S A Massad 1.00 Various telephone conferences and e-mail correspondence

regarding account release issues, STC issues, etc.

06/02/09 M G Myers 9.10 Attention to various inquires from Stanford Trust Company

customers, edited and revised documents for website updates

and documents to be sent to all Stanford Trust Company

customers; conference call with Bill Stutts, Maggie Brown and

Jim Raborn to discuss REDACTED



; working with FITS, Inc. to handle

various matters relating to Stanford Trust Company.

06/02/09 N M Starbuck 3.20 Assisted in the release of U.S. Pershing Accounts designated

by FTI as eligible for Stipulated Partial Release.

06/02/09 W F Stutts, Jr. .90 Reviewed with M Myers and Maggie Brown and J Raborn the

form of declaration of assignment and comments on same after

comparison with terms and conditions; reviewed revised form;

cleared form with KLB; reviewed mechanics of delivery;

related documentation information.

06/02/09 A F York 7.60 Reviewed and analyzed account release applications and

summaries; prepared stipulations for partial account releases;

calls and emails to account holders regarding same; office

conference with D. Arlington regarding same; conference calls

with V. Kurylak regarding same; various calls and emails with

FTI, FITS, and Stanford regarding same; calls with J. Epstein

regarding same; reviewed and revised list of outstanding

releases; circulated instructions to FTI/FITS/Stanford regarding

same.

06/03/09 D T Arlington 3.40 Worked on account reviews and stipulations; telephone

conferences with account holders and their counsel;

conferences and email exchanges with team regarding account

review issues.

06/03/09 T M Davis 2.20 Meet with R. Janvey to discuss account review processes.

06/03/09 B A Day 7.00 Created stipulations for a partial release of funds in account

holders' Pershing accounts.

06/03/09 M A Gold 1.50 Follow-up with B. Lawrence and attention to issues; attention

to investor questions and issues and responses; review

successor general practice material.

06/03/09 H T Hamner III .80 Reviewed revisions to account transfer agreement;

communication with lawyer for account holder regarding same;

reviewed securities account control agreement to which STC is

a party; email regarding same.









112

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 46 of 377

Page 45









Hours Description

06/03/09 J C Huddleston 4.00 Maintained and updated account holder Stipulated Partial

Release Summary information for attorney review; prepared

ARS reports and account holder confirmations for attorney

review; reviewed and compiled list of outstanding accounts.

06/03/09 S A Massad .70 Various telephone conferences and email regarding STC and

account release issues.

06/03/09 M G Myers 7.80 Attention to matters relating to the transfer of accounts to

Oppenheimer and trying to speed the process up; attention to

various matters relating to release and transfer of Stanford

Trust Company accounts and how to deal with accounts

remaining frozen; weekly conference call with various state

regulatory agencies.

06/03/09 N M Starbuck 4.00 Assisted with the release of frozen, partial release, and STC

related U.S. Pershing Accounts; At the request of A. York

uploaded SPR summaries to share drive.

06/03/09 W F Stutts, Jr. .40 Reviewed communication from Ms. Blumenschein and

responded to same regarding REDACTED

.

06/04/09 D T Arlington 4.30 Worked on account reviews and stipulations; conferences and

email exchanges with team regarding account review issues.

06/04/09 B A Day 6.00 Created stipulations for a partial release of funds in account

holders' Pershing accounts.

06/04/09 V O Garcia .50 File Stipulation Regarding Release of Accounts (the Vaughns)

with Northern District and forward same to D. Rohleder for

tracking; review updated SEC deadline chart.

06/04/09 M A Gold 3.50 Attention to issues related to successor general practice and

attention to investor issues; review successor general practice

diligence materials.

06/04/09 H T Hamner III 1.10 Attention to finalization of transfer agreement providing for

transfer of pledged account at Stanford Trust Company to

Charles Schwab; drafted additional language for agreement

regarding termination of account control agreement.

06/04/09 J C Huddleston 4.00 Maintained and updated account holder Stipulated Partial

Release Summary information for attorney review; prepared

ARS reports and account holder confirmations for attorney

review; reviewed and compiled list of outstanding accounts.

06/04/09 S A Massad 1.30 Various telephone conferences and e-mail correspondence

regarding STC and account release issues.

06/04/09 M G Myers 7.30 Gathered contact info for Stanford Trust Company account

holders who have released accounts but have not contacted the







113

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 47 of 377

Page 46









Hours Description

Receiver to transfer their account; called Stanford Trust

Company account holders to inform them that their account

had been released and the transfer procedures; calls with

Oppenheimer to try to speed up transfer of accounts; attention

to various matters relating to release and transfer of Stanford

Trust Company accounts.

06/04/09 N M Starbuck 3.40 Assisted with the release of frozen, partial release, and STC

related U.S. Pershing Accounts; Uploaded SPR summaries to

Austin share drive at the request of A. York.

06/04/09 A F York 6.80 Reviewed and analyzed account release applications and

summaries; prepared stipulations for partial account releases;

emails to account holders regarding same; various calls and

emails with FTI, FITS, and Stanford regarding same; reviewed

candidates for de minimis release; prepared protocol for

transfers from IRA accounts to Receiver.

06/05/09 D T Arlington 5.60 Addressed account review issues; communicated with account

holders' counsel regarding same; conferences and email

exchanges with team regarding same.

06/05/09 T M Davis 2.10 Read emails regarding the review process; review proposed

responses; call with R. Janvey et al. re same.

06/05/09 B A Day 6.00 Created stipulations for a partial release of funds in account

holders' Pershing accounts.

06/05/09 T S Durst .40 Attention to issues regarding account releases and

communications with attorneys for investors regarding same.

06/05/09 V O Garcia .20 File Stipulation Regarding Release of Accounts (Moran) with

Northern District and forward same to D. Rohleder for

tracking.

06/05/09 M A Gold .90 Correspondence with C. Shapely and K. Williams, Jr.

regarding successor general practice; negotiation of

Confidentiality Agreement and correspondence regarding the

same; attention to issues regarding successor general practices.

06/05/09 J C Huddleston 3.80 Maintained and updated account holder Stipulated Partial

Release Summary information for attorney review; prepared

ARS reports and account holder confirmations for attorney

review; reviewed and compiled list of outstanding accounts.

06/05/09 S A Massad .70 Various telephone conferences and e-mail correspondence

regarding account release issues.

06/05/09 M G Myers 6.90 Finalized second phase of released Stanford Trust Company

accounts and account analysis; assisted in Response to

Examiner; looking up contact info and calling Stanford Trust

Company account holders who have released accounts but that







114

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 48 of 377

Page 47









Hours Description

have not released their account; attention to miscellaneous

matters relating to release and transfer of Stanford Trust

Company accounts.

06/05/09 N M Starbuck 3.80 Assisted in the release of U.S. Pershing Accounts designated

by FTI as eligible for Stipulated Partial Release; Assisted A.

York with ensuring accessibility of Pershing account

statements on Austin share drive.

06/05/09 A F York 6.60 Reviewed and analyzed account release applications and

summaries; prepared stipulations for partial account releases;

calls and emails to account holders regarding same; office

conference with D. Arlington and B. Day regarding same;

various calls and emails with FTI, FITS, and Stanford

regarding same.

06/06/09 D T Arlington .90 Addressed account release issues; communicated with team

regarding same; reviewed status of Schwab motion; reviewed

recent filings

06/07/09 D T Arlington .60 Addressed account release issues; communicated with team

regarding same; reviewed status of Schwab motion

06/08/09 D T Arlington 4.50 Worked on account reviews and stipulations; telephone

conferences with account holders and their counsel;

conferences and email exchanges with team regarding account

review issues.

06/08/09 B A Day 10.30 Created stipulations for a partial release of funds in account

holders' Pershing accounts.

06/08/09 M A Gold 2.00 Discussion with F. Quinlan regarding successors, general

practices and considerations; draft memo; briefing discussions;

attention to responses and correspondence regarding same.

06/08/09 J C Huddleston 4.00 Maintained and updated account holder Stipulated Partial

Release Summary information for attorney review; prepared

ARS reports and account holder confirmations for attorney

review; reviewed and compiled list of outstanding accounts.

06/08/09 S A Massad .30 Attention to account release issues.

06/08/09 M G Myers 5.20 Attention to matters relating to removal of Stanford Trust

Company as trustee in different states; gathered information

necessary for Complaint REDACTED



; attention to matters relating to the release

and transfer of Stanford Trust Company accounts.

06/08/09 N M Starbuck 2.90 Assisted in the release of U.S. Pershing Accounts designated

by FTI as eligible for Stipulated Partial Release.

06/08/09 A F York 6.00 Reviewed and analyzed account release applications and









115

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 49 of 377

Page 48









Hours Description

summaries; prepared stipulations for partial account releases;

calls and emails to account holders regarding same; calls with

V. Kurylak regarding same; office conference with B. Day

regarding same; various calls and emails with FTI, FITS, and

Stanford regarding same.

06/09/09 D T Arlington 9.10 Worked on account reviews and stipulations; telephone

conferences with account holders and their counsel;

conferences and email exchanges with team regarding account

review issues; reviewed declaration of Ralph Janvey; worked

on relief defendant complaint

06/09/09 T M Davis .80 Review revised Pershing stipulation and discuss with V.

Kurylak.

06/09/09 B A Day 11.50 Created stipulations for a partial release of funds in account

holders' Pershing accounts.

06/09/09 J C Huddleston 2.60 Maintained and updated account holder Stipulated Partial

Release Summary information for attorney review; prepared

ARS reports and account holder confirmations for attorney

review; reviewed and compiled list of outstanding accounts.

06/09/09 S A Massad .50 Various telephone conferences and e-mail correspondence

regarding account release issues.

06/09/09 M G Myers 3.10 Attention to matters relating to removal of Stanford Trust

Company as trustee in different states; attention to matters

relating to the release and transfer of Stanford Trust Company

accounts.

06/09/09 N M Starbuck 3.30 Assisted in the release of U.S. Pershing Accounts designated

by FTI as eligible for Stipulated Partial Release; Uploaded SPR

summaries to Austin share drive.

06/09/09 A F York 7.50 Reviewed and analyzed account release applications and

summaries; prepared stipulations for partial account releases;

calls and emails to account holders regarding same; calls with

V. Kurylak regarding same; office conference with B. Day

regarding same; various calls and emails with FTI, FITS, and

Stanford regarding same.

06/10/09 J A Cialone, II .80 Attention to daily release report and related issues; calls and

emails about account release processes.

06/10/09 T M Davis .80 Read emails regarding process; telephone conferences with K.

Sadler and J. Cialone re same.

06/10/09 B A Day 8.00 Created stipulations for a partial release of funds in account

holders' Pershing accounts.

06/10/09 M A Gold 1.20 Attention to successor general practice issues and









116

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 50 of 377

Page 49









Hours Description

correspondence regarding the same.

06/10/09 J C Huddleston 6.70 Maintained and updated account holder Stipulated Partial

Release Summary information for attorney review; prepared

AR'S reports and account holder confirmations for attorney

review; reviewed and compiled list of outstanding accounts.

06/10/09 S A Massad .30 E-mail correspondence regarding account release issues.

06/10/09 M G Myers 2.90 Attention to matters relating to removal of Stanford Trust

Company as trustee in different states; attention to matters

relating to the release and transfer of Stanford Trust Company

accounts.

06/10/09 N M Starbuck 1.90 Assisted in the release of U.S. Pershing Accounts eligible for

Stipulated Partial Release; Uploaded SPR information to

Austin share drive at the request of B. Day.

06/10/09 A F York 4.50 Reviewed and analyzed account release applications and

summaries; prepared stipulations for partial account releases;

calls and emails to account holders regarding same; various

calls and emails with FTI, FITS, and Stanford regarding same.

06/11/09 D T Arlington 3.40 Worked on account reviews and stipulations; communicated

with account holders and their counsel; conferences and email

exchanges with team regarding account review issues.

06/11/09 B A Day 8.20 Created stipulations for a partial release of funds in account

holders' Pershing accounts.

06/11/09 J C Huddleston 4.30 Maintained and updated account holder Stipulated Partial

Release Summary information for attorney review; prepared

ARS reports and account holder confirmations for attorney

review; reviewed and compiled list of outstanding accounts;

reviewed and uploaded account information submitted via

compact disc.

06/11/09 M G Myers 4.70 Conference call with the Louisiana Office of Financial

Institutions; attention to various matters relating to the release

of Stanford Trust Company accounts and brokerage accounts;

gathered and sorted data to be used in the stipulation process

for release of Stanford Trust Company accounts.

06/11/09 N M Starbuck 4.10 Assisted in the release of U.S. Pershing Accounts eligible for

Stipulated Partial Release; Uploaded SPR information to

Austin share drive.

06/11/09 A F York 8.50 Reviewed and analyzed account release applications and

summaries; prepared stipulations for partial account releases;

calls and emails to account holders regarding same; various

calls and emails with FTI, FITS, and Stanford regarding same.









117

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 51 of 377

Page 50









Hours Description

06/12/09 J A Cialone, II 2.00 Calls, meetings and emails with Receiver and Receiver's team

throughout the day concerning REDACTED



.

06/12/09 T M Davis .30 Exchange emails with K. Sadler regarding account review.

06/12/09 B A Day 8.00 Created stipulations for a partial release of funds in account

holders' Pershing accounts.

06/12/09 J C Huddleston 3.70 Maintained and updated account holder Stipulated Partial

Release Summary information for attorney review; prepared

ARS reports and account holder confirmations for attorney

review; reviewed and compiled list of outstanding accounts.

06/12/09 M G Myers 3.40 Attention to various matters relating to the release of Stanford

Trust Company accounts and brokerage accounts; gathered and

sorted data to be used in the stipulation process for release of

Stanford Trust Company accounts.

06/12/09 N M Starbuck 3.50 Compiled list of outstanding account statements necessary for

release of frozen Pershing accounts; Aided in the release of

U.S. Pershing Accounts eligible for Stipulated Partial Release

06/12/09 A F York 6.20 Reviewed and analyzed account release applications and

summaries; prepared stipulations for partial account releases;

calls and emails to account holders regarding same; various

calls and emails with FTI, FITS, and Stanford regarding same.

06/13/09 D T Arlington 3.70 Addressed account release issues; communicated with team

regarding de minimis releases.

06/14/09 B A Day 6.00 Created stipulations for a partial release of funds in account

holders' Pershing accounts.

06/15/09 J A Cialone, II .80 Attention to new draft of SIPC FAQ; attention to various

account review issues and related emails.

06/15/09 B A Day 5.50 Created stipulations for a partial release of funds in account

holders' Pershing accounts.

06/15/09 V O Garcia .20 Efile Stipulation Regarding Release of Accounts (Wenitsky)

and Stipulation Regarding Release of Accounts (Hausladen);

and forward same to D. Rohleder for tracking.

06/15/09 J C Huddleston 7.70 Maintained and updated account holder Stipulated Partial

Release Summary information for attorney review; prepared

ARS reports and account holder confirmations for attorney

review.

06/15/09 M G Myers 1.10 Attention to matters relating to the release of trust company

accounts.









118

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 52 of 377

Page 51









Hours Description

06/15/09 N M Starbuck 3.50 Assisted in the release of U.S. Pershing Accounts eligible for

Stipulated Partial Release; Uploaded SPR and account

information to Austin share drive.

06/16/09 D T Arlington 2.10 Coordinated with account holders and opposing counsel

regarding stipulations and related issues.

06/16/09 T M Davis .30 Exchange emails with M. Lovett regarding status.

06/16/09 B A Day 9.00 Created stipulations for a partial release of funds in account

holders' Pershing accounts.

06/16/09 V O Garcia .30 Efile Stipulation Regarding Release of Accounts (Epstein) and

forward same to D. Rohleder for tracking.

06/16/09 J C Huddleston 7.00 Maintained and updated account holder Stipulated Partial

Release Summary information for attorney review; prepared

ARS reports and account holder confirmations for attorney

review; reviewed and compiled list of outstanding accounts;

corresponded with FITs regarding same.

06/16/09 M G Myers 4.60 Attention to matters relating to release and transfer of Stanford

Trust Company customer accounts. Reviewed release and

transfer documents and other miscellaneous items.

06/16/09 N M Starbuck 3.20 Aided in the release of U.S. Pershing Accounts eligible for

Stipulated Partial Release; Compiled list of outstanding

account statements.

06/16/09 A F York 8.20 Reviewed and analyzed account release applications and

summaries; prepared stipulations for partial account releases;

calls and emails to account holders regarding same; various

calls and emails with FTI, FITS, and Stanford regarding same.

06/17/09 D T Arlington 1.80 Worked on account release issues and stipulations;

communicated with account holders and their counsel

regarding account release issues.

06/17/09 B A Day 8.50 Created stipulations for a partial release of funds in account

holders' Pershing accounts.

06/17/09 J R Hollis 1.40 Research for bulk account transfer.

06/17/09 J C Huddleston 3.00 Maintained and updated account holder Stipulated Partial

Release Summary information for attorney review; prepared

ARS reports and account holder confirmations for attorney

review.

06/17/09 M G Myers 3.60 Conference call with state regulatory agencies; attention to

matters relating to release and transfer of Stanford Trust

Company accounts.









119

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 53 of 377

Page 52









Hours Description

06/17/09 N M Starbuck 3.40 Aided in the release of U.S. Pershing Accounts eligible for

Stipulated Partial Release; Compiled list of outstanding

account statements.

06/17/09 A F York 5.00 Reviewed and analyzed account release applications and

summaries; prepared stipulations for partial account releases;

calls and emails to account holders regarding same; various

calls and emails with FTI, FITS, and Stanford regarding same.

06/18/09 D T Arlington 6.20 Addressed account release issues and inquiries from examiner;

coordinated with team regarding same; communicated with

account holders and their counsel.

06/18/09 J A Cialone, II .60 Attention to cash status and prognosis.

06/18/09 B A Day 13.50 Created stipulations for a partial release of funds in account

holders' Pershing accounts.

06/18/09 M A Gold .60 Attention to correspondence with investor and F. Quinton;

follow-up with V. Kurylak.

06/18/09 J C Huddleston 2.60 Maintained and updated account holder Stipulated Partial

Release Summary information for attorney review; prepared

ARS reports and account holder confirmations for attorney

review.

06/18/09 M G Myers 3.90 Conference call with LA AG, email respond, IRA issues

06/18/09 N M Starbuck 3.20 Assisted in the release of U.S. Pershing Accounts eligible for

Stipulated Partial Release; Uploaded SPR and account

information to Austin share drive.

06/19/09 D T Arlington 3.20 Addressed account release issues; communicated with account

holders and their counsel regarding account release issues;

conferred with team regarding same.

06/19/09 B A Day 8.60 Created stipulations for a partial release of funds in account

holders' Pershing accounts.

06/19/09 J R Hollis 5.90 Research of broker-dealer regulation, including treatise review;

email correspondence with BB lawyers; correspondence with

Vic Kurylak regarding details of proposed transaction; began

drafting Agreement.

06/19/09 J C Huddleston 5.10 Maintained and updated account holder Stipulated Partial

Release Summary information for attorney review; prepared

ARS reports and account holder confirmations for attorney

review.

06/19/09 M G Myers 4.20 Attention to matters relating to the release and transfer of

Stanford Trust Company accounts; assisted in various tasks

relating to transfer of brokerage accounts.









120

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 54 of 377

Page 53









Hours Description

06/19/09 J E Raley .20 Office conference with Maggie Brown regarding questions

regarding trust matter.

06/19/09 N M Starbuck 3.40 At the request of B. Day provided account holder information

to aid in the release of frozen accounts; Uploaded SPR

information to Austin share drive.

06/20/09 D T Arlington .30 Reviewed account release reports; reviewed and researched

examiner inquiry regarding same

06/20/09 T M Davis .70 Read and respond to emails regarding process; discuss the

same with M. Lovett.

06/21/09 D T Arlington .30 Reviewed account release reports; exchanged email with team

regarding same.

06/21/09 J A Cialone, II .50 Attention to release of accounts process and emails.

06/22/09 D T Arlington 1.40 Worked on account release issues; communicated with team

regarding same.

06/22/09 T M Davis .30 Call regarding review process.

06/22/09 B A Day 12.50 Created stipulations for a partial release of funds in account

holders' Pershing accounts; reviewed and analyzed documents

for such stipulations.

06/22/09 J R Hollis 8.10 Research and initial draft of Agreement to Transfer Accounts.

06/22/09 M G Myers 3.80 Conference call with the Securities and Exchange Commission;

attention to matters relating to the release and transfer of

Stanford Trust Company and brokerage accounts.

06/22/09 N M Starbuck 3.00 At the request of B. Day provided applications and information

for account holders to aid in the release of frozen accounts;

Uploaded SPR information provided by FTI to Austin share

drive.

06/22/09 A F York 9.50 Reviewed and analyzed account release applications and

summaries; prepared stipulations for partial account releases;

calls and emails to account holders regarding same; various

calls and emails with FTI, FITS, and Stanford regarding same;

travel to Houston.

06/23/09 D T Arlington 3.30 Worked on account release issues; coordinated with team

regarding same; communicated with account holders and their

counsel.

06/23/09 J A Cialone, II .80 Attention to broker claims.

06/23/09 B A Day 12.70 Created stipulations for a partial release of funds in account

holders' Pershing accounts; reviewed and analyzed documents

for such stipulations.









121

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 55 of 377

Page 54









Hours Description

06/23/09 J R Hollis 7.80 Call with Vic Kurylak and Mike Myers regarding Agreement;

revisions to Agreement.

06/23/09 J C Huddleston 1.30 Maintained and updated account holder Stipulated Partial

Release Summary information for attorney review.

06/23/09 M G Myers 5.30 Attention to matters relating to release and transfer of Stanford

Trust Company and brokerage accounts; assisted FITS with

issues relating to REDACTED and responded

to multiple inquiries; reviewed draft of bulk transfer agreement

and searched for precedent to begin new draft of same.

06/23/09 N M Starbuck 2.60 Assisted in the release of frozen accounts eligible for stipulated

release; scanned and uploaded SPR information for L. Brown's

frozen accounts.

06/23/09 A F York 12.00 Worked directly with FITS, FTI, and Stanford teams on

account release process; reviewed and analyzed account release

applications and summaries; prepared stipulations for partial

account releases; calls and emails to account holders regarding

same.

06/24/09 J A Cialone, II .90 Attention to foreign accounts issues and related emails.

06/24/09 B A Day 14.50 Created stipulations for a partial release of funds in account

holders' Pershing accounts; reviewed and analyzed documents

and conferred with financial team members to create such

stipulations.

06/24/09 M A Gold 2.10 Attention to Confidentiality Agreement requests and investor

requests; attention to general practice replacement issues and

C. Shapley correspondence.

06/24/09 J R Hollis 6.30 Final draft of Agreement; comments from Mike Myers and Vic

Kurylak.

06/24/09 J C Huddleston .70 Maintained and updated account holder Stipulated Partial

Release Summary information for attorney review.

06/24/09 M G Myers 11.20 Researched issues related to, and prepared draft of,

REDACTED



; attention to other matters relating to the release

and transfer of Stanford Trust Company accounts and

brokerage accounts.

06/24/09 N M Starbuck 1.30 Assisted in the unfreezing of U.S. Pershing Accounts eligible

for stipulated partial release.

06/24/09 A F York 12.90 Worked directly with FITS, FTI, and Stanford teams on

account release process; reviewed and analyzed account release

applications and summaries; prepared stipulations for partial







122

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 56 of 377

Page 55









Hours Description

account releases; calls and emails to account holders regarding

same.

06/25/09 D T Arlington 5.00 Coordinated with team regarding STC account release issues;

addressed Pershing account release issues and coordinated with

team regarding same; communicated with account holders and

their representatives.

06/25/09 J R Hollis 1.20 Review of draft Agreement by Mike Myers.

06/25/09 M G Myers 10.60 Revised account transfer agreement to be used in transfer of

accounts from Pershing LLC to Dominic and Dominic LLC;

discussed same with FITS and Reuben Kopel; drafted

statement to be sent to Stanford Trust Company customers

whose accounts will remain frozen pending outcome of the

clawback claims; attention to various other matters relating to

the transfer and release of Stanford Trust Company and

Stanford Group Company customer accounts.

06/25/09 N M Starbuck 2.10 Uploaded SPR summaries and Pershing account information to

Austin share drive to assist in the release of frozen accounts.

06/25/09 A F York 12.80 Worked directly with FITS, FTI, and Stanford teams on

account release process; reviewed and analyzed account release

applications and summaries; prepared stipulations for partial

account releases; calls and emails to account holders regarding

same.

06/26/09 D T Arlington .70 Addressed account release issues; coordinated with team

regarding same.

06/26/09 T M Davis 1.20 Call to discuss Monday call with Court; read Campbell memo

and discuss with E. Söderlund; exchange emails re same.

06/26/09 B A Day 13.50 Created stipulations for a partial release of funds in account

holders' Pershing accounts; reviewed and analyzed documents

and conferred with financial team members to create such

stipulations.

06/26/09 M A Gold 1.80 Attention to replacement general practice issues; review and

analyze correspondence.

06/26/09 J C Huddleston 5.10 Updated account holder information Stipulated Partial Release

Summary information for attorney review.

06/26/09 S A Massad 1.00 Various telephone conferences and e-mail correspondence

regarding account release report; reviewed and commented on

same.

06/26/09 M G Myers 1.30 Attention to various matters relating to release and transfer of

Stanford Trust Company and Stanford Group Company

customer accounts; assisted in various matters relating to









123

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 57 of 377

Page 56









Hours Description

inquires in connection with individual retirement accounts held

at Stanford Trust Company.

06/26/09 J E Raley 3.10 Office conference with Maggie Brown regarding questions

regarding trust agreement; office conference with Ms. Brown

regarding review of additional trust agreements; research

regarding matter; review trust agreements.

06/26/09 E A Soderlund .30 Respond to email question regarding replacement of SCM

general partner and powers granted under receivership order.

06/26/09 N M Starbuck 1.70 Assisted in the unfreezing of U.S. Pershing frozen accounts

eligible for release.

06/26/09 A F York 9.50 Worked directly with FITS, FTI, and Stanford teams on

account release process; reviewed and analyzed account release

applications and summaries; prepared stipulations for partial

account releases; calls and emails to account holders regarding

same.

06/27/09 T M Davis .50 Review schedule sent by M. Lovett.

06/27/09 S A Massad .70 Reviewed and commented on draft report regarding account

release.

06/28/09 D T Arlington .40 Exchanged email with team regarding account release issues

and upcoming hearing.

06/28/09 J A Cialone, II .90 Attention to SIPC issues and FAQ; attention to account status

report; related calls and emails.

06/28/09 T M Davis 1.20 Review revised schedules; conference call re same; review new

SIPC theory.

06/28/09 B A Day 6.50 Created stipulations for a partial release of funds in account

holders' Pershing accounts; reviewed and analyzed documents

and conferred with financial team members to create such

stipulations; provided Kevin Sadler with status update in

preparation for status conference on Monday, June 29, 2009.

06/28/09 K W Hinton 1.50 Researched stipulations filed by receiver and stipulations filed

under seal and provided summary to attorneys; reviewed,

prepared and e-filed interim report and appendix.

06/28/09 S A Massad 2.00 Reviewed and commented on draft report regarding account

release and related filing with court; conference calls with

group regarding same.

06/29/09 D T Arlington 1.00 Addressed account release issues and communicated with team

regarding same.

06/29/09 J A Cialone, II .80 Reviewed emails and reports on account freeze and review

process, and related calls.







124

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 58 of 377

Page 57









Hours Description

06/29/09 T M Davis .40 Call re hearing with court concerning accounts.

06/29/09 B A Day 12.40 Created stipulations for a partial release of funds in account

holders' Pershing accounts; reviewed and analyzed documents

and conferred with financial team members to create such

stipulations.

06/29/09 J C Huddleston 1.30 Maintained and updated account holder Stipulated Partial

Release Summary and account holder information for attorney

review.

06/29/09 S A Massad 1.80 Attention to account freeze issues, new Court order and

proposed letters to customers.

06/29/09 M G Myers 3.40 Attention to matters relating to release and transfer of Stanford

Trust Company and Stanford Group Company customer

accounts; drafted responses to be used in connection with

individual retirement account inquiries and worked on bulk

transfer agreement to be used in connection with the transfer of

certain Stanford Group Company accounts held at Pershing to

another broker dealer.

06/29/09 J E Raley 3.80 Continued review of various trust documents; office conference

with Maggie Brown regarding same; telephone conference with

Sophia Lewis regarding same; correspondence regarding same.

06/29/09 N M Starbuck 2.00 Assisted in the release of accounts held frozen and eligible for

stipulated partial release.

06/29/09 A F York 10.20 Worked directly with FITS, FTI, and Stanford teams on

account release process; reviewed and analyzed account release

applications and summaries; prepared stipulations for partial

account releases; calls and emails to account holders regarding

same.

06/30/09 J A Cialone, II 1.20 Worked on plan for August 3 deadline; related calls and emails

throughout the day.

06/30/09 B A Day 11.50 Created stipulations for a partial release of funds in account

holders' Pershing accounts; reviewed and analyzed documents

and conferred with financial team members to create such

stipulations.

06/30/09 J R Hollis 1.20 Review and comments on Account Transfer Agreement.

06/30/09 J C Huddleston 1.40 Maintained and updated account holder Stipulated Partial

Release Summary information for attorney review.

06/30/09 S A Massad .70 Reviewed and commented on draft contract for bulk transfer of

accounts; various e-mail correspondence regarding same.

06/30/09 M G Myers 5.30 Attention to matters relating to release and transfer of Stanford









125

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 59 of 377

Page 58









Hours Description

Trust Company and Stanford Group Company customer

accounts; drafted responses to be used in connection with

individual retirement account inquiries and worked on bulk

transfer agreement to be used in connection with the transfer of

certain Stanford Group Company accounts held at Pershing to

another broker dealer.

06/30/09 J E Raley .70 Left message for Christy Lambertus regarding Farquhar trust;

listened to message regarding same; correspondence with

Sophia Lewis regarding Leverich trusts; continued review of

documents.

06/30/09 E A Soderlund .20 Review account transfer agreement and respond to email

regarding same.

06/30/09 N M Starbuck 2.30 Uploaded SPR summaries and Pershing account information to

Austin share drive to assist in the release of frozen accounts.

06/30/09 A F York 10.70 Worked directly with FITS, FTI, and Stanford teams on

account release process; reviewed and analyzed account release

applications and summaries; prepared stipulations for partial

account releases; calls and emails to account holders regarding

same.

07/01/09 D T Arlington 3.20 Addressed account release issues; reviewed account holder

inquiries; communicated with counsel for account holders;

coordinated with team regarding account release issues.

07/01/09 T M Davis 1.10 Review email from V. Kurylak regarding priorities for account

review; telephone conference with M. Lovett, V. Kurylak, and

FTI; email to K. Sadler.

07/01/09 B A Day 10.50 Reviewed account holders' accounts for partial, full, or de

minimis releases; created stipulations for a partial release of

funds in account holders' accounts; reviewed and analyzed

documents and conferred with financial team members to

create such stipulations.

07/01/09 M A Gold 4.40 Draft memorandum to M. Lovett regarding successor general

practice issues; analyze succession issues and correspondence

with group regarding same; attention to open issue on investor

vote; telephone conference with General Quinlan and report to

working group.

07/01/09 M G Myers 1.80 Attention to matters relating to release and transfer of Stanford

Trust Company accounts. Weekly conference call with state

regulators.

07/01/09 J E Raley .70 Listened to message from Vanguard representative regarding

Lufkin/Leveridge matter; review trust agreement and missing

information; further review regarding issues raised regarding









126

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 60 of 377

Page 59









Hours Description

Farquahar trust agreement.

07/01/09 N M Starbuck 2.80 At the request of B. Day prepared proposed stipulation for wire

transfer and letter of authorization for transmittal to account

holder Aubery Clement; Assisted with the release of Pershing

accounts held for stipulated partial release

07/01/09 A F York 9.00 Worked directly with FITS, FTI, and Stanford teams on

account release process; reviewed and analyzed account release

applications and summaries; prepared stipulations for partial

account releases; calls and emails to account holders regarding

same.

07/02/09 D T Arlington 1.80 Addressed account release issues; reviewed account holder

inquiries; communicated with team regarding same.

07/02/09 S A D Ayers .50 Telephone conference Keri Brown regarding

REDACTED



.

07/02/09 B A Day 10.50 Reviewed account holders' accounts for partial, full, or de

minimis releases; created stipulations for a partial release of

funds in account holders' accounts; reviewed and analyzed

documents and conferred with financial team members to

create such stipulations.

07/02/09 M A Gold 5.30 Draft/finalize 1st draft of memorandum to M. Lovett regarding

succession GP issues; attention to open issues on shareholder

vote; correspondence regarding same.

07/02/09 H T Hamner III .20 Conference with M. Myers regarding agreement for STC to

sign relating to transfer of accounts.

07/02/09 J C Huddleston 1.80 Met with translator and notarized preliminary Agreed

Stipulations translation certificates.

07/02/09 M G Myers 3.60 Attention to matters relating to transfer of Stanford Trust

Company accounts; worked on finalizing the bulk account

transfer agreement to be used in bulk transfer of account from

Pershing.

07/02/09 J E Raley .70 Telephone conference with Vanguard representative regarding

Lufkin matter; communications with Sophia Lewis regarding

same; listened to message from Christy Lambertus regarding

Farquhar matter; review documents regarding questions raised;

left message for Ms. Lambertus; office conference with Maggie

Brown regarding various matters.

07/02/09 N M Starbuck 3.10 Assisted with the release of Pershing accounts held for

stipulated partial release; At the request of B. Day prepared

proposed stipulation for wire transfer and letter of authorization

for transmittal to account holder Saul Litvinoff; At the request







127

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 61 of 377

Page 60









Hours Description

of B. Day and A. York requested Spanish translations for

Stipulations Regarding Release of Accounts.

07/02/09 A F York 10.70 Worked directly with FITS, FTI, and Stanford teams on

account release process; reviewed and analyzed account release

applications and summaries; prepared stipulations for partial

account releases; calls and emails to account holders regarding

same; return travel to Austin.

07/03/09 J A Cialone, II 1.50 Reviewed UK judgment and participated in related conference

calls; other calls and emails about same.

07/03/09 B A Day .50 Created stipulations for a partial release of funds in account

holders' accounts; reviewed and analyzed documents and

conferred with financial team members to create such

stipulations.

07/03/09 M G Myers .60 Responding to various emails relating to Stanford Trust

Company accounts.

07/04/09 M G Myers .40 Responded to various emails/inquiries relating to the Stanford

Trust Company.

07/05/09 B A Day 1.50 Reviewed account holders' accounts for partial, full, or de

minimis releases; created stipulations for a partial release of

funds in account holders' accounts; reviewed and analyzed

documents and conferred with financial team members to

create such stipulations.

07/06/09 D T Arlington 3.20 Addressed account release issues; coordinated with team

regarding same; communicated with account holders and their

counsel.

07/06/09 J A Cialone, II .80 Reviewed SIPC emails and materials.

07/06/09 B A Day 6.40 Reviewed account holders' accounts for partial, full, or de

minimis releases; created a stipulation for a partial release of

funds in an account holders' account; reviewed and analyzed

documents and conferred with financial team.

07/06/09 M G Myers 1.10 Responded to various emails and other inquiries relating to

status of Stanford Trust Company accounts.

07/06/09 J E Raley .50 Review correspondence from Christie Lambertus regarding

matter; review documents regarding same; office conference

with Maggie Brown regarding same.

07/06/09 N M Starbuck .70 Assisted with the release of Pershing accounts held for

stipulated partial release

07/06/09 W F Stutts, Jr. .30 Reviewed communication from trust company customer

received from Ms. Blumenschein and developed response.









128

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 62 of 377

Page 61









Hours Description

07/06/09 A F York 6.20 Worked directly with FITS, FTI, and Stanford teams on

account release process; calls and emails to account holders

regarding same; reviewed and analyzed account release

applications and summaries; prepared stipulations for partial

account releases.

07/07/09 D T Arlington .80 Exchanged email with team regarding scope of account freeze.

07/07/09 D T Arlington 1.00 Addressed account release issues; coordinated with team

regarding same; exchanged email with account holders and

counsel regarding same.

07/07/09 T M Davis .50 Read emails regarding general partner election.

07/07/09 B A Day 4.40 Reviewed account holders' accounts for partial, full, or de

minimis releases; reviewed and analyzed documents relating to

such releases and conferred with financial team.

07/07/09 M A Gold 4.60 Revise and review memorandum to M. Lovett regarding AI

and Beta; attention to comments from T. Davis and V.

Kurylak; correspondence with C. Shapely regarding open

issues REDACTED and follow-up on issues; calculation

of shareholder vote.

07/07/09 M G Myers .30 Responded to various emails and other inquiries relating to

status of Stanford Trust Company accounts, including matters

relating to release and pledge agreement for certain Stanford

Trust Company accounts.

07/07/09 J E Raley .50 Review correspondence from Christie Lambertus; review

document; office conference with Maggie Brown regarding

same.

07/07/09 A F York 4.50 Worked directly with FITS, FTI, and Stanford teams on

account release process; calls and emails to account holders

regarding same; reviewed and analyzed account release

applications and summaries.

07/08/09 D T Arlington 2.20 Addressed account release issues; coordinated with team

regarding same.

07/08/09 J A Cialone, II .80 Reviewed memo on SIPC issues and considered possible

strategies.

07/08/09 B A Day 4.40 Reviewed account holders' accounts for partial, full, or de

minimis releases; reviewed and analyzed documents relating to

such releases and conferred with financial team.

07/08/09 M A Gold 1.40 Attention to finalizing draft of memo to M. Lovett; attention to

T. Davis question, issue; attention to correspondence with C.

Shapely and G. Quinlan regarding status and open issues.









129

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 63 of 377

Page 62









Hours Description

07/08/09 M G Myers .20 Attention to matters relating to Stanford Trust Company

release of accounts and information relating to Louisiana

investigation.

07/08/09 N M Starbuck 2.00 Processed frozen account holder information to Austin shared

drive at the request of B. Day and V. Kurylak.

07/08/09 A F York 4.10 Worked directly with FITS, FTI, and Stanford teams on

account release process; calls and emails to account holders

regarding same; reviewed and analyzed account release

applications and summaries; prepared stipulations for partial

account releases.

07/09/09 D T Arlington 3.70 Addressed account release issues; coordinated with team

regarding same; telephone conferences with counsel for

investors regarding same.

07/09/09 J A Cialone, II .80 Attention to SIPC issues.

07/09/09 T M Davis .50 Read S. Massad analysis re SIPC issue.

07/09/09 M A Gold 4.10 Summarize REDACTED for receiver;

revise receiver memorandum regarding AI and Beta; attention

to report to court; correspondence regarding issues related to

SCM GP resignation; finalize memorandum.

07/09/09 M G Myers 1.10 Conference call with Louisiana Attorney General's office to

discuss matters relating to investigation of Stanford Trust

Company; matters relating to Stanford Trust Company release

of accounts, including responding to email inquiries regarding

same.

07/09/09 J E Raley 1.30 Correspondence from Vanguard regarding Lufkin trusts;

research Florida law regarding same; correspondence with

Sophia Lewis regarding matter; office conference with Maggie

Brown regarding same.

07/09/09 N M Starbuck .60 Assisted with the release of Pershing accounts held for

stipulated partial release

07/10/09 D T Arlington 2.20 Coordinated regarding account stipulations; addressed other

account release issues.

07/10/09 J A Cialone, II 1.00 Reviewed extensive documentation received from Lovett about

accounts; related calls and emails.

07/10/09 T M Davis .20 Read invoice regarding Pershing fees.

07/10/09 B A Day 9.00 Reviewed account holders' accounts for partial, full, or de

minimis releases; reviewed and analyzed documents relating to

such releases and conferred with financial team; drafted

stipulation for partial release of accounts and sent same to









130

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 64 of 377

Page 63









Hours Description

account holder.

07/10/09 M A Gold 1.30 Follow-up on final memorandum and communication with

investors and F. Quinlan.

07/10/09 H T Hamner III .90 Attention to request to transfer account maintained at Stanford

Trust Company to Oppenheimer; conference with H. Tucker

regarding REDACTED

.

07/10/09 M G Myers .60 Attention to matters relating to information summaries of status

of Stanford Trust Company accounts; responded to various

emails relating to Stanford Trust Company and status of all

accounts and accounts containing proceeds REDACTED

.

07/10/09 J E Raley 3.40 Review various trust agreements; office conference with

Maggie Brown regarding legal and factual issues regarding

REDACTED ; research regarding Florida

statutes regarding same; left message for Sophia Lewis

regarding same; listened to message from Ms. Lewis; telephone

conference with John Coker regarding information needed

REDACTED .

07/10/09 H C Tucker 2.90 Researched liability issues REDACTED ; drafted an

account transfer agreement.

07/10/09 A F York 8.50 Worked directly with FITS, FTI, and Stanford teams on

account release process; calls and emails to account holders

regarding same; reviewed and analyzed account release

applications and summaries; prepared stipulations for partial

account releases; return travel to Austin.

07/11/09 M G Myers .30 Responded to various emails relating to account status of

Stanford Trust Company accounts. Call with FITS regarding

same.

07/12/09 M G Myers .20 Attention to matters relating to release and status report of

Stanford Trust Company accounts.

07/13/09 D T Arlington 2.10 Conference calls with FTI regarding account release status and

analysis issues; addressed other account release issues.

07/13/09 T M Davis 1.90 Exchange emails regarding SIPC issues; email re Bukrinsky

issues; discuss bulk transfer issues with M. Myers.

07/13/09 B A Day 8.20 Reviewed account holders' accounts for partial, full, or de

minimis releases; reviewed and analyzed documents relating to

such releases and conferred with financial team.

07/13/09 H T Hamner III 1.80 Drafted transfer agreement governing transfer of assets in

account at Stanford Trust Company to another brokerage









131

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 65 of 377

Page 64









Hours Description

company, termination of account control agreement to which

STC is a party; call with J. Coker regarding same.

07/13/09 S A Massad .50 Various e-mail correspondence regarding SIPC.

07/13/09 M G Myers 5.90 Attention to matters relating to REDACTED



; conference call with Reuben Kopel

and Tony Davis regarding same; participation in interview of

certain Stanford Trust Company employees with the Attorney

General's's office from the state of Louisiana; attention to

matters relating to the transfer of Stanford Trust Company

accounts.

07/13/09 J E Raley .40 Listened to message from Michael Cor regarding matter;

review documents; left message for Mr. Cor.

07/13/09 H C Tucker 1.50 Revised trust account transfer agreement; incorporated

additional information and clauses into the agreement.

07/13/09 A F York 6.00 Calls and emails with account holders and FTI/FITS/Stanford

Eagle regarding account releases; review REDACTED document

production; conference call and office conference regarding

account review and release timing; preparations for main

complaint; reviewed issues with 754 filings.

07/14/09 D T Arlington 1.90 Reviewed additional account release issues and worked on

same.

07/14/09 D T Arlington .50 Communicated with counsel for Milan regarding stipulation.

07/14/09 M W Brown .50 Further attention to Murray, Verner trust documents per

questions by S. Lewis and J. Coker.

07/14/09 T M Davis 1.50 Emails re SIPC issues and study Bishop claim summary;

conference call with R. Janvey et al. re same.

07/14/09 B A Day 4.50 Reviewed account holders' accounts for partial, full, or de

minimis releases; reviewed and analyzed documents relating to

such releases and conferred with financial team.

07/14/09 S A Massad 1.00 Participated in a conference call with group regarding SIPC

matters; prepared for and followed up regarding same.

07/14/09 M G Myers 4.30 Attention to matters relating to release and transfer of customer

accounts; revised and redrafted transfer agreement for use in

bulk transfer of accounts from Stanford Group Company to

another broker dealer.

07/14/09 J E Raley .20 Review notes; left message for Christie Lambertus regarding

same.

07/14/09 A F York 3.70 Calls and emails with account holders and FTI/FITS/Stanford

Eagle regarding account releases.







132

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 66 of 377

Page 65









Hours Description

07/15/09 D T Arlington 3.60 Reviewed further account analysis by FTI; addressed account

release issues; addressed Pershing release issues.

07/15/09 B A Day 4.90 Reviewed account holders' accounts for partial, full, or de

minimis releases; reviewed and analyzed documents relating to

such releases and conferred with financial team; revised

REDACTED subpoena.

07/15/09 J R Hollis .80 Review of agreement; attention to correspondence.

07/15/09 M G Myers 1.40 Conference call with Dominick and Dominick to discuss

account bulk transfer agreement; attention to matters regarding

same.

07/15/09 J E Raley .30 Telephone conference with Christie Lambertus regarding

issues regarding Farquhar trust.

07/16/09 D T Arlington 2.60 Addressed account release issues; communicated with team

regarding same.

07/16/09 J A Cialone, II 1.20 Reviewed materials related to account review process and

possible REDACTED strategy.

07/16/09 T M Davis 1.70 Review materials regarding Bishop claim; review bulk transfer

agreement and emails re same; read W. Mollica report re Latin

America accounts.

07/16/09 B A Day 7.90 Reviewed account holders' accounts for partial, full, or de

minimis releases; reviewed and analyzed documents relating to

such releases and conferred with financial team regarding

same; reviewed documentation necessary for subpoenas

REDACTED ; drafted motion

for release of accounts in the name of Stanford Casa de

Valores, S.A., Stanford Group Peru S.A.B., and Stanford Bolsa

y Banca S.A.

07/16/09 M G Myers 2.20 Call with Kim Garber of the Securities and Exchange

Commission to discuss status of certain Stanford Trust

Company accounts; attention to matters relating to

investigation of the Louisiana Attorney General into the

Stanford Trust Company.

07/16/09 J E Raley .90 Correspondence with Michael Cors regarding matter; review

document provided and comment regarding same; review

finalized version; communicate with John Coker regarding

same.

07/17/09 B A Day 7.50 Reviewed account holders' accounts for partial, full, or de

minimis releases; reviewed and analyzed documents relating to

such releases and conferred with financial team regarding

same; reviewed documentation necessary for subpoenas









133

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 67 of 377

Page 66









Hours Description

REDACTED

; drafted motion

for release of accounts in the name of Stanford Casa de

Valores, S.A., Stanford Group Peru S.A.B., and Stanford Bolsa

y Banca S.A.

07/17/09 M G Myers 4.70 Attention to matters relating to the account transfer agreement

REDACTED



; attention to matters relating to investigations into

Stanford Trust Company by state regulatory agencies; attention

to other miscellaneous matters.

07/20/09 B A Day 5.20 Reviewed account holders' accounts for partial, full, or de

minimis releases; reviewed and analyzed documents relating to

such releases and conferred with financial team regarding

same.

07/20/09 M A Gold 1.20 Correspondence with investors and attention to questions

regarding GP succession.

07/20/09 N M Starbuck 1.60 Provided B. Day with account information to assist in the

unfreezing of STC accounts.

07/21/09 J A Cialone, II .50 Reviewed account release reports.

07/21/09 B A Day 8.30 Reviewed account holders' accounts for partial, full, or de

minimis releases; reviewed and analyzed documents relating to

such releases and conferred with financial team regarding

same.

07/21/09 M G Myers 5.50 Attention to matters relating to the Louisiana Attorney

General's's office criminal investigation into Stanford Trust

Company and its employees; conference call with the

Securities and Exchange Commission to discuss status of

Individual Retirement Accounts at Stanford Trust Company

that will be distributed out to Stanford Trust Company

customers; responded to various Stanford Trust Company

customer inquiries made to the Receivership; attention to

various other matters relating to the Stanford Trust Company,

including assisting with gathering of information to be used in

Amended Complaint seeking clawback and other related forms

of relief.

07/22/09 T M Davis .70 Read emails from V. Kurylak regarding Bishop claim; discuss

with M. McCoy.

07/22/09 B A Day 9.60 Reviewed account holders' accounts for partial, full, or de

minimis releases; reviewed and analyzed documents relating to

such releases and conferred with financial team regarding

same.









134

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 68 of 377

Page 67









Hours Description

07/22/09 M A Gold 1.10 Attention to private label fund GP successor transfer;

correspondence and phone calls with investors; attention to

next steps; attention to Havell Municipal fund invoices and

responsibility issues.

07/22/09 M G Myers 5.10 Attention to matters relating to the bulk transfer of accounts

REDACTED



; attention to matters relating to the Louisiana

Attorney General's's office criminal investigation into Stanford

Trust Company and its employees and various other matters

relating to the Stanford Trust Company.

07/23/09 T M Davis .30 Review account report.

07/23/09 B A Day 9.80 Reviewed account holders' accounts for partial, full, or de

minimis releases; reviewed and analyzed documents relating to

such releases and conferred with financial team regarding

same.

07/23/09 M A Gold 5.20 Follow-up on REDACTED issues; attention to Havell fund

issues; review Havell invoices and related information; draft

memorandum on Havell; attention to Havell related issues and

recommendations.

07/23/09 S A Massad 2.50 Drafted letter to SIPC; reviewed materials regarding claims.

07/23/09 M G Myers 2.20 Attention to matters relating to requests from the Securities and

Exchange Commission for information relating to Individual

Retirement Accounts to be distributed out to customers of

Stanford Trust Company; attention to matters relating the

Account Transfer Agreement REDACTED



; conference call with general counsel of

Dominick & Dominick to discuss same.

07/23/09 J E Raley .80 Communications with Sophia Lewis regarding

Lufkin/Leveridge matter; review materials prepared by Maggie

Brown regarding Murray trusts; comments regarding same.

07/23/09 A F York 14.10 Travel to Houston; worked directly with FTI to prepare, revise,

and finalize all schedules and supporting declaration for relief

defendant complaint; coordinated same with FITS and Baker

Botts team; reviewed conflicts.

07/24/09 T M Davis 1.60 Telephone conference with M. Lovett re status; review Bishop

materials; review S. Massad letter; telephone conference with

S. Massad re same; draft email regarding Bishop claim.

07/24/09 B A Day 12.80 Reviewed account holders' accounts for partial, full, or de

minimis releases; reviewed and analyzed documents relating to

such releases and conferred with financial team regarding







135

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 69 of 377

Page 68









Hours Description

same.

07/24/09 M A Gold 3.80 Draft and revise memorandum regarding Havell; attention to

comments from V. Kurylak; attention to REDACTED fund

transfer issues; review Beta and AI fund LP agreements and

related documents and attention to next steps; correspondence

with F. Quinlan and V. Kurylak.

07/24/09 J C Huddleston 3.40 Attention to coordinating translations for stipulated release of

accounts.

07/24/09 S A Massad 3.70 Drafted letter to SIPC and circulated; reviewed related

materials; various telephone conferences and e-mail

correspondence.

07/24/09 M G Myers 1.10 Attention to matters relating to requests from the Securities and

Exchange Commission with regard to Stanford Trust Company

customers.

07/24/09 J E Raley .20 Telephone conference with Sophia Lewis regarding

Leveridge/Lufkin trusts.

07/25/09 B A Day 12.60 Reviewed account holders' accounts for partial, full, or de

minimis releases; reviewed and analyzed documents relating to

such releases and conferred with financial team regarding

same.

07/25/09 M A Gold .40 Attention to V. Kurylak comments on Havell memorandum;

attention to correspondence.

07/25/09 M G Myers .80 Responded to emails and other inquires relating to Stanford

Trust Company customer accounts to be closed and transferred.

07/27/09 M A Gold 4.50 Attention to Havell correspondence and issues related to Havell

expenses; correspondence with V. Kurylak regarding same and

attention to issues raised; review Havell agreements and

invoices regarding same.

07/27/09 M G Myers 1.20 Attention to matters relating to the transfer of Stanford Trust

Company customer accounts.

07/28/09 M A Gold 5.10 Drafting resignation letters for Stanford GP; attention to issues

related to letters with C. Shipley and F. Quinlan;

correspondence with working group regarding same; revisions

to Havell memorandum regarding correspondence with Havell;

consider Havell documents and rights.

07/28/09 M G Myers 5.60 Attention to matters relating to the closing and transfer of

Stanford Trust Company customer accounts and matters

relating to the state of Louisiana's investigation into the

Stanford Trust Company.









136

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 70 of 377

Page 69









Hours Description

07/29/09 B A Day 6.00 Reviewed account holders' accounts for partial, full, or de

minimis releases; reviewed and analyzed documents relating to

such releases and conferred with financial team regarding

same.

07/29/09 M A Gold 1.20 Attention to GP resignation letter follow-up; correspondence

with working group regarding same.

07/29/09 M G Myers 3.90 Responded to inquiries made by Stanford Trust Company

customers; attention to matters relating to the closing and

transfer of Stanford Trust Company accounts and matters

relating to the bulk transfer of Stanford Group Company

customer accounts; conference call with the Securities and

Exchange Commission to discuss status of Stanford Trust

Company accounts.

07/30/09 T M Davis .30 Call with M. Lovett and V. Kurylak regarding account transfer

matter.

07/30/09 M A Gold 1.00 Attention to resignation letters and comments regarding same.

07/30/09 S A Massad 1.50 Revised draft letter to SIPC; reviewed related materials.

07/30/09 M G Myers 8.80 Conference with Malcolm Lovett and Tony Davis to discuss

REDACTED

; responded to inquiries from

Stanford Trust Company customers and Louisiana state

regulatory agencies; drafted letters to be sent to Stanford Trust

Company account holders; conference call with Kim Garber of

the SEC to discuss issues with regard to individual retirement

accounts at Stanford Trust Company to be closed and

transferred; attention to various matters relating to the closing

of customer accounts and distribution of account assets.

07/30/09 J E Raley 2.80 Office conference with Maggie Brown regarding matter;

research regarding North Carolina law and uniform trust law

regarding matter; review documents regarding same.

07/31/09 M A Gold 3.70 Correspondence with V. Kurylak, F. Quinlan regarding GP

resignations and finalization of resignation letters.

07/31/09 S A Massad 1.00 Revised SIPC letter and circulated to group.

07/31/09 M G Myers 8.40 Responded to inquiries from Stanford Trust Company

customers and Louisiana state regulatory agencies; drafted

letters to be sent to Stanford Trust Company account holders;

follow-up conference call with Kim Garber of the SEC to

discuss issues with regard to individual retirement accounts at

Stanford Trust Company to be closed and transferred; attention

to various matters relating to the closing of customer accounts

and distribution of account assets.







137

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 71 of 377

Page 70









Hours Description

07/31/09 J E Raley 2.50 Continued research regarding issue relating to

REDACTED ; office conference with Maggie Brown to

discuss findings and alternatives; review correspondence

regarding same.

08/03/09 M G Myers 7.30 Attention to various matters relating to Stanford Trust

Company and the brokerage accounts, including responding to

customer inquiries, responding to FINRA requests, insurance

matters relating to Stanford Trust Company and the Louisiana

Office of Financial Institutions and matters related to the

drafting motion to be filed in connection with

REDACTED



; conference with Bill Mollica regarding

issues related to Pershing and the transfer in bulk of customer

brokerage accounts.

08/04/09 M G Myers 8.60 Attention to matters relating to the transfer in bulk of accounts

REDACTED



; conference call with Mr. Kevin McKay, general counsel

of Dominick & Dominick LLC; conference with Mr. Kurylak

and Mr. Mollica of FITS, Inc. and Mr. F. Fram of Stanford

REDACTED ; attention to

miscellaneous production and other matters relating to the

Stanford Trust Company.

08/04/09 J E Raley .60 Review correspondence from Christy Lambertus regarding

matter; correspondence regarding same; office conference with

Maggie Brown regarding same; research regarding matter.

08/05/09 M W Brown 1.00 Conference with Jeff Raley regarding Farquhar trust and

Christy Lambertus' email; attention to response to Ms.

Lambertus; telephone conference with Sophia Lewis; telephone

conference with Tony Nardo regarding Dietz Domanski trust.

08/05/09 M A Gold 1.20 Attention to next steps on resignation and LP representation

letters; correspondence with working group regarding same.

08/05/09 M G Myers 7.80 Attention to matters relating to the transfer in bulk of accounts

REDACTED



; responded to inquiries from Stanford Trust Company

customers; responded to requests for documents and other

information from FINRA; responded to multiple requests for

documents and other information regarding Stanford Trust

Company from the Louisiana state attorney General's's office.

08/05/09 J E Raley 1.40 Continued work on Farquhar trust matter; review Florida law

regarding same; office conference with Maggie Brown

regarding suggested language involving parties; draft

correspondence to Christy Lambertus regarding matter; office

conference with Maggie Brown regarding comments regarding







138

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 72 of 377

Page 71









Hours Description

same; review and revise correspondence per comments.

08/06/09 M W Brown .50 Attention to Kilmer and Spencer Terry Trusts document status;

telephone conference with Keri Brown regarding Order

Appointing Successor Trustee for Deanna Kilmer Trust;

telephone conference with Sophia Lewis regarding Kilmer

trusts' successor trustee proceedings.

08/06/09 M G Myers 8.10 Prepared and worked on draft of motion to be filed with the

Court in connection with the bulk transfer of accounts

REDACTED ;

responded to Stanford Trust Company customer inquiries and

requests for documents and other information.

08/06/09 J E Raley .30 Correspondence with Christy Lambertus regarding Farquhar

trust matter.

08/07/09 M W Brown 5.00 Conference with Mike Myers regarding REDACTED



; attention to

revisions to separate versions of correspondence and related

correspondence regarding assignment of certificates of deposit

and related claims; worked on same, with several conferences

with Mike Myers; attention to Notice of Withholding and

Election regarding same for IRA cash distributions; discussed

and emails related to same with Mike Myers.

08/07/09 M G Myers 8.40 Attention to matters relating to the release of Stanford Trust

Company accounts and to the bulk transfer of accounts from

Stanford Group Company to another brokerage firm; finalized

account transfer agreement and the motion to be filed with the

court regarding same, and sent such documents to Ralph

Janvey and Kristie Blumenschein for review and final

approval; attention to various matters with FITS, Inc. relating

to the bulk account transfer and closing of Stanford Trust

Company accounts.

08/10/09 M W Brown 4.50 Attention to IRA questions, particularly with respect to

reporting and distribution matters; telephone conference with

John Coker; conference with Mike Myers; worked on

correspondence to account holders subject to withholding and

discussed same with Mike Myers, then emailed same to him;

telephone conference with Mike Myers and attention to his

emails; telephone conference with Sophia Lewis regarding

revised Order appointing successor trustee to Kilmer trust, and

attention to same by email; prepared email to Christy

Lambertus regarding Farquhar trust and service of process

question.

08/10/09 M G Myers 9.90 Attention to matters relating to the closing of Stanford Trust

Company accounts; finalized documents to be sent to







139

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 73 of 377

Page 72









Hours Description

customers and sent such documents to Kristie Blumenschein

for review and final approval; conference call with Mr. Lovett

to address closing of accounts; attention to various matters with

FITS relating to the bulk account transfer and closing of

Stanford Trust Company accounts.

08/11/09 M W Brown 6.00 Attention to email from Christy Lambertus regarding service of

process on Receiver, and responded to same; discussed

Farquhar matter with Stephanie Loomis-Price; attention to

Hazel Mearns Trust for William Klopman and related

appointment documents; attention to Mearns Will and related

probate filings; attention to Charitable Remainder Unitrust for

Anne L. Klopman; attention to North Carolina statutory law;

telephone conference with Sophia Lewis discussing Klopman

trust appointment questions; telephone conference with John

Coker regarding Selib trust account and attention to questions

in related email.

08/11/09 J C Huddleston .40 Assistance to Mike Myers on Motion to Transfer accounts as

requested.

08/11/09 M G Myers 9.60 Attention to matters relating to gathering of certain information

for the hearing to be held in Louisiana on August 17, 2009;

responded to inquiries made by Stanford Trust Company

customers; attention to matters relating to the transfer in bulk

of accounts REDACTED



, including gathering of information related to

costs savings related to transfer of accounts; updated

information to be sent and posted in relation to closing of

Stanford Trust Company accounts; responded to inquiries from

state regulators relating to brokerage and trust business and

various other matters.

08/12/09 C N Adams 1.40 Attention to Havell Capital Management issues; attention to

STC account transfer issues; reviewing documents regarding

same.

08/12/09 M W Brown 3.50 Telephone call to Bryan Calabrese of RBC Trust Company and

attention to Dietz Will trustee appointment provisions;

telephone conference with Charlene Francis regarding Bush

estate and regarding final income tax return for Bush charitable

remainder trust; telephone call to Bryan Calabrese; prepared

email to Bryan Calabrese regarding Dietz Domanski trust

provisions regarding appointment of successor trustees;

attention to email from Tony Nardo and discussed same with

Sophia Lewis.

08/12/09 M A Gold .80 Attention to correspondence regarding Stanford Havell matter;

attention to follow-up and questions from Havell attorneys.









140

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 74 of 377

Page 73









Hours Description

08/12/09 S A Massad 1.50 Attended to SIPC letter, STC issues, customer issues; various

telephone conferences and e-mail correspondence.

08/12/09 M G Myers 1.70 Attention to matters relating to closing of Stanford Trust

Company accounts and distribution of individual retirement

account assets; attention to inquiries and requests for

documents from various state agencies.

08/13/09 M W Brown 6.70 Attention to Peter B. Durham Marital Trust draft Beneficiaries'

Agreement and made notes regarding same; telephone

conference with S. Kornblitt reviewing same; attention to

Sherman trust document and related trustee appointment

documents; discussed with Sophia Lewis; arranged for

conference call with Tony Nardo and RBC Trust Company;

attention to Bush Charitable Remainder Trust questions and

telephone conference with Amy Kincaid regarding same;

attention to questions regarding Domanski successor trustee

appointment; reviewed Stanford acceptance documents

regarding original appointment; discussed same with Stephanie

Loomis-Price; telephone conference with Sophia Lewis;

telephone call to Tony Nardo; telephone conference with S.

Kornblitt and further attention to Beneficiaries' Agreement for

Peter B. Durham Marital Trust; attention to trust agreement for

Earle N. Cutler III Revocable Trust and related successor

trustee appointment documents.

08/13/09 M G Myers .60 Responded to Stanford Trust Company customer inquiries;

conference with Mr. Coker of FITS to discuss status of transfer

and closing of Stanford Trust Company customer accounts.

08/14/09 M W Brown 2.30 Telephone conference with Tony Nardo at RBC Trust

Company regarding Dietz Domanski Trust; two telephone

conferences with Elizabeth Fry, and sent email to Ms. Fry

regarding same; attention to questions regarding Bush

charitable remainder unitrust and prepared email to Amy

Kincaid regarding approval of appointment of successor

trustee; telephone conference with Amy Kincaid; telephone

conference with Tony Nardo regarding Margaret Domanski.

08/14/09 M G Myers 1.60 Responded to Stanford Trust Company customer inquiries;

conference call with Ms. Kim Garber of the Securities and

Exchange Commission; attention to various matters relating to

customer accounts.

08/15/09 M G Myers .60 Attention to matters relating to production of documents to the

Securities and Exchange Commission and other regulatory

agencies.

08/17/09 M W Brown 2.30 Telephone conference with Sophia Lewis; attention to new

Page trust documents; prepared email to Sophia Lewis







141

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 75 of 377

Page 74









Hours Description

regarding same; prepared email to Elizabeth Fry regarding

Dietz Domanski trust documents; attention to email from B.

Welch regarding Page trust; telephone conference with Sophia

Lewis.

08/17/09 M A Gold 2.50 Attention to Havell issues; call to Havell attorney;

correspondence with V. Kurylak and working group.

08/17/09 S A Massad .70 Reviewed SIPC letter; various telephone conferences and e-

mail correspondence regarding same.

08/17/09 M G Myers 2.90 Communicated with the Louisiana Attorney General's's office

and the Office of Financial Regulation for the State of Florida

regarding state investigations into Stanford Trust Company;

attention to general litigation matters relating to Stanford Trust

Company and suit filed in state of Louisiana; produced

documents for state of Louisiana investigators; attention to

matters relating to the closing of Stanford Trust Company

accounts.

08/18/09 M W Brown 3.70 Attention to new Bush documents received; telephone

conference with Sophia Lewis regarding same; telephone

conference with Betty Welch at Fifth Third Bank; telephone

conference with Rita Bishop regarding Peter B. Durham

Marital Trust and Encore Bank's's appointment as successor

trustee; telephone conference with Sophia Lewis regarding

third Klopman trust; attention to documents pertaining to Hazel

Mearns testamentary trust for William Klopman and telephone

conference with Edward Griggs regarding same; telephone

conference with Liz Fry regarding Dietz Domanski trust;

telephone conference with Sophia Lewis regarding Dietz

Domanski trust; reviewed file documentation and prepared

email to Liz Fry.

08/18/09 M A Gold .90 Discuss Havell issues with Havell counsel; attention to

correspondence.

08/18/09 M G Myers 3.40 Attention to matters relating to the transfer in bulk of Stanford

Group Company accounts and the related Negative Consent

letter; attention to matters relating to Stanford Trust Company

and state requests for information.

08/19/09 M W Brown 1.50 Telephone conference with Sophia Lewis regarding Page trust

documents; receipt and reviewed revised waiver/consent

document regarding Page trust; prepared email to Page parties

regarding same; telephone conference with Sophia Lewis;

attention to revised IRA correspondence and Receiver's

comments regarding same; discussed with Mike Myers.

08/19/09 S A Massad .50 Various e-mail correspondence regarding STC.









142

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 76 of 377

Page 75









Hours Description

08/19/09 M G Myers 6.10 Attention to matters relating to closing and distribution of

Stanford Trust Company individual retirement accounts;

drafted documents to be sent to customers in connection with

the closing of their accounts; worked on matters relating to the

brokerage accounts; responded to inquiries from various

regulatory agencies and Stanford Trust Company customers.

08/20/09 M W Brown 7.00 Worked on IRA Notice of Withholding and related Election, in

response to Receiver's comments to same; attention to related

tax regulations; discussed all of same with Mike Myers;

attention to new Russell Forrest trust documents, regarding

Maxine Miller Francis Forrest GST Nonexempt Trust fbo

Russell Hobson Forrest and Russell Hobson Forrest Irrevocable

Trust; telephone conference with Linda Walden in Whit Wilk's

office.

08/20/09 M G Myers 5.30 Attention to matters relating to closing and distribution of

Stanford Trust Company individual retirement accounts;

drafted documents to be sent to customers in connection with

the closing of their accounts; worked on matters relating to the

brokerage accounts; responded to inquiries from various

regulatory agencies and Stanford Trust Company customers.

08/21/09 M W Brown 1.00 Attention to email from attorney for Sandy Newland regarding

Cheyanne Newland trust; telephone conference with Sophia

Lewis and John Coker regarding Newland trust, Russell Forrest

trust, and Peter B. Durham Marital Trust matters.

08/21/09 M G Myers 6.70 Drafted form of negative consent letter to be sent to Stanford

Group Company customers in connection with the bulk transfer

of Stanford Group Company accounts; attention to other

matters relating to closing and distribution of Stanford Trust

Company individual retirement accounts; worked on matters

relating to the brokerage accounts; responded to inquiries from

various regulatory agencies and Stanford Trust Company

customers; discussions with the state of Louisiana (Attorney

General's's office and the Office of Financial Institutions)

regarding Stanford Trust Company; coordinated gathering of

documentation in response to subpoenas.

08/24/09 M W Brown 5.20 Telephone conference with Matt Larson regarding state

withholding matters; email exchanges with Mike Myers

regarding Withholding Notice and related Election form;

worked on matters, with related document review, regarding

Klopman, Newland and Russell H. Forrest trusts; telephone

conference with Edward Griggs; prepared email to Jo Brooks;

telephone conference with Elizabeth Gallagher; prepared email

to Elizabeth Gallagher regarding Newland trust; attention to

North Carolina statutes regarding REDACTED

;







143

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 77 of 377

Page 76









Hours Description

attention to Klopman trust questions; attention to Forrest trust

questions.

08/24/09 M G Myers 2.10 Finalized process by which documents will be sent to Stanford

Trust Company account holders to notify them of the closing of

their individual retirement accounts; conference with Mr.

Coker and Ms. Lewis of FITS to review final process and

documentation; attention to other matters relating to the closing

and transfer of customer accounts; gathered information for

Mr. Stutts relating to information produced to various Canadian

agencies.

08/25/09 M W Brown 3.50 Attention to appointment documents for the three Klopman

trusts, and attention to questions under applicable state law;

email exchanges with Edward Griggs addressing questions;

email to Jo Brooks; email to Sophia Lewis; several telephone

conferences with Sophia Lewis regarding numerous pending

matters; attention to IRA questions and discussed same with

John Coker.

08/25/09 M A Gold 1.80 Attention to correspondence with C. Shipley and working

group; attention to F. Quinlan executed version of documents.

08/25/09 M D Kusey 2.50 Researched and obtained mail from Receiver's correspondence

file REDACTED



; office conference with Mike Myers regarding

same.

08/25/09 M G Myers 2.60 Attention to matters relating to production of documents for

subpoena from the Florida Office of Financial Regulations;

responded to inquiries from Mr. John Little; reviewed and

gathered agreements between Stanford Trust Company and SEI

Private Trust Company in connection with recent litigation

naming Stanford Trust Company and SEI Private Trust

Company as defendants; revised documents to be sent to

customers whose accounts will be closed; attention to various

other matters relating to the release and closing of Stanford

Trust Company customer accounts.

08/26/09 M W Brown 1.50 Attention to questions regarding three Selib trusts, with related

document review for each.

08/26/09 M G Myers 4.30 Conference with the Florida Office of Financial Regulation

regarding subpoena production of documents; attention to

matters relating to the bulk transfer of accounts from Stanford

Group Company to Dominick and Dominick LLC, including

revisions to the Motion to Transfer Accounts and the Account

Transfer Agreement; responded to inquiries from Ms.

Blumenschein regarding the bulk transfer and related

documents; responded to inquiries from Mr. Little, the court-







144

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 78 of 377

Page 77









Hours Description

appointed Examiner; responded to inquiries from Stanford

Trust Company customers; communicated with Mr. McKay,

general counsel for Dominick and Dominick LLC, to discuss

the transfer of Stanford Group Company accounts.

08/27/09 M W Brown 5.50 Attention to Herbert J. Selib Trust documents (including

original revocable trust agreements, six amendments, and

amended and restated trust agreement), Dorothy M. Selib Trust

documents (including amended and restated trust agreement),

and Herbert J. Selib and Dorothy M. Selib Charitable

Remainder Unitrust trust agreement, related petition and court

orders regarding appointment of successor trustee, and

Oppenheimer acceptance instrument; telephone conference

with Rose-Ann Frano's office regarding questions; telephone

conferences and emails with Sophia Lewis regarding same;

discussed same with Stephanie Loomis-Price.

08/27/09 M A Gold .70 Attention to Havell question and correspondence.

08/27/09 M G Myers 2.30 Responded to inquiries from Mr. John Little, the court-

appointed examiner; revised Motion to Transfer Accounts to be

filed in connection with the bulk transfer of accounts from

Stanford Group Company to Dominick & Dominick LLC;

attention to various matters relating to the transfer of trust

accounts and individual retirement accounts at Stanford Trust

Company to successor trustees/custodians.

08/28/09 M G Myers 4.60 Responded to inquiries from Stanford Trust Company

customers regarding the closing of their individual retirement

accounts; attention to matters relating to document and other

information requests from the Louisiana Attorney General's's

office in connection with their criminal investigation into

Stanford Trust Company and its employees; attention to

matters relating to the filing of the Motion to Transfer

Accounts; conference with Mr. Dominick's (general counsel for

Dominick and Dominick) regarding the bulk transfer of

accounts.

08/29/09 M G Myers .70 Responded to inquiries relating to the release and transfer of

closed Stanford Trust Company accounts.

08/31/09 M W Brown 7.00 Attention to Eames trust questions; telephone conference with

Mike Myers; attention to judicial documents regarding the

three Selib trusts; two telephone conferences with Sophia

Lewis; conference with Mike Myers regarding IRA questions;

attention to Bernstein, Friedstein and Simon trust document

review; telephone conference with Rose-Ann Frano's office

regarding Selib trusts; prepared email to Mike Myers in

response to questions.









145

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 79 of 377

Page 78









Hours Description

08/31/09 M A Gold 2.20 Attention to negative consent letter issue; attention to

correspondence regarding same.

08/31/09 M G Myers 7.60 Conference call with the Louisiana Office of Financial

Institutions to discuss status of Stanford Trust Company;

conference call with Mr. McKay, general counsel of Dominick

& Dominick LLC, to discuss status of bulk transfer of accounts

from Stanford Group Company to Dominick & Dominick

LLC; responded to inquiries from Stanford Trust Company

customers and state regulatory agencies regarding customer

accounts; drafted and revised negative response letter REDACTED

; prepared responses to

multiple requests for information from Mr. Little, the court-

appointed Examiner, regarding the bulk transfer and negative

response letter; researched FINRA regulations REDACTED





Matter Total 1,409.10





079716.0106 Coin and Bullion Operations

Hours Description

06/01/09 M E Burnett .10 Searched for and provided corporate record for Stanford Coins

and Bullion at the request of David Arlington.

06/01/09 J T Leslie .30 Attended to development of the protocol process; telephone

conference with Craig Adams regarding the Protocol

Memorandum.

06/02/09 C N Adams .60 Reviewing coin and bullion protocol memorandum.

06/02/09 J A Cialone, II .50 Reviewed draft memos on Coins and Bullion.

06/02/09 J T Leslie .40 Attended to coin and bullion matters.

06/03/09 J T Leslie .40 Attended to coin and bullion matters.

06/04/09 J T Leslie 1.10 Telephone conference with Paul Montgomery regarding

disposition of estate coins and bullion; telephone conference

with Amy Kneeppel of FTI regarding REDACTED

; attended to other issues involving coins

and bullion.

06/05/09 J T Leslie .70 Revised the Protocol Memorandum; coordinated coins and

bullion protocol with FTI.

06/08/09 C N Adams .30 Reviewing coin and bullion customer claim.

06/08/09 J T Leslie .60 Telephone conference with Amy Kneeppel regarding coins and

bullion claims; telephone conference with Kevin Blake







146

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 80 of 377

Page 79









Hours Description

regarding .

REDACTED





06/09/09 C N Adams .20 Call with customer regarding coin and bullion claim.

06/09/09 J T Leslie .40 Telephone conference with Paul Montgomery regarding

.

REDACTED



06/10/09 J T Leslie .20 Coordinated for the coin and bullion protocol.

06/11/09 J T Leslie .20 Attended to coin and bullion coordination.

06/12/09 J T Leslie .30 Telephone conferences with Paul Montgomery and Craig

Adams regarding REDACTED .

06/15/09 J A Cialone, II .60 Reviewed coins and bullion memos in draft form; prepared for

coins meeting.

06/15/09 J T Leslie .60 Telephone conference with Paul Montgomery regarding the

coin and bullion protocol; reviewed the issues list from Kristie

Blumenschein regarding coins and bullion.

06/16/09 J T Leslie 1.80 Reviewed follow-up questions posed by Kristie Blumenschein

with respect to the Protocol Memorandum; conducted

additional research with respect to such follow-up questions;

attended to other coordination involving coins and bullion.

06/16/09 M G Myers .20 Coordination with coin and bullion team REDACTED









06/16/09 H C Tucker 3.40 Researched the ability of coin and bullion holders REDACTED









06/17/09 C N Adams .30 Telephone conference with Kevin Sadler regarding coin and

bullion protocol.

06/17/09 J A Cialone, II .80 Attention to coins matters.

06/17/09 J T Leslie .20 Reviewed correspondence related to claims and demands for

coins and bullion.

06/18/09 J T Leslie .50 Telephone conference with Craig Adams regarding coins and

bullion; attended to other coordination involving coins and

bullion.

06/18/09 M G Myers .10 Discussed status of coin operations with Paul Montgomery

REDACTED







06/19/09 M G Myers .10 Discussed status of coin operations with Paul Montgomery

REDACTED









147

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 81 of 377

Page 80









Hours Description

06/21/09 C N Adams 1.00 Reviewing coin and bullion protocol; preparing for meeting to

discuss same.

06/22/09 C N Adams 2.50 Reviewing coin and bullion protocol; telephone conference

with working group regarding issues relating to same;

researching issues regarding same; telephone conference with

Kevin Sadler regarding coin and bullion issues.

06/22/09 J A Cialone, II .40 Reviewed coin and bullion FAQ.

06/22/09 T M Davis .60 Conference call regarding coin and bullion dispositions.

06/22/09 J T Leslie 3.80 Telephone conference with the working group regarding coins

and bullion; telephone conference with Craig Adams and

Kevin Sadler regarding REDACTED

; telephone conference with Paul Montgomery

regarding the coins and bullion protocol.

06/23/09 C N Adams 1.10 Reviewing coin protocol response; telephone conference with

coin customer regarding claim; telephone conference with Tom

Leslie regarding coin protocol.

06/23/09 J T Leslie 1.80 Reviewed and revised the coin and bullion protocol proposed

by Kristie Blumenschein and Kevin Sadler; telephone

conference with Craig Adams regarding the coin and bullion

protocol.

06/24/09 C N Adams 1.70 Telephone conference with Tom Leslie regarding coin and

bullion protocol; revising memorandum regarding same;

telephone conference with SCB client regarding claim.

06/24/09 J A Cialone, II 1.20 Reviewed protocol for handling coins and bullion.

06/24/09 J T Leslie 1.90 Telephone conferences with Craig Adams regarding the coin

and bullion protocol.

06/25/09 C N Adams .40 Reviewing coin and bullion issues.

06/25/09 J A Cialone, II 1.00 Calls and emails about coins and bullion.

06/25/09 J T Leslie 1.60 Reviewed Kristie Blumenschein's draft of the protocol

summary; telephone conference with Paul Montgomery

regarding the sales practices of Stanford Coins and Bullion;

REDACTED

.

06/26/09 C N Adams .60 Telephone conference with working group regarding coin and

bullion protocol.

06/26/09 T M Davis .30 Call regarding protocol for coins.

06/26/09 J T Leslie 1.40 Telephone conference with Paul Montgomery REDACTED

.









148

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 82 of 377

Page 81









Hours Description

06/27/09 C N Adams .60 Telephone conference with Malcolm Lovett, Paul Montgomery

and Tom Leslie regarding issues regarding coin and bullion

sales.

06/27/09 J T Leslie .50 Telephone conference with Craig Adams, Malcolm Lovett and

Paul Montgomery REDACTED

06/29/09 J T Leslie .80 Coordinated for responses to coin and bullion demands and

requests for information; telephone conferences with Paul

Montgomery regarding demands and information requests;

telephone conference with Lori Kujawski regarding REDACTED

; telephone

conference with Kevin Blake regarding REDACTED .

06/30/09 C N Adams .50 Telephone conference with David Arlington and Tom Leslie

regarding coin and bullion litigation issues.

06/30/09 J T Leslie 1.60 Telephone conference with Loren Beck, counsel to SCB

customer, regarding coins and bullion; coordinated fact-finding

related to other coin and bullion demands and information

requests; telephone conference with Craig Adams and David

Arlington regarding litigation matters.

07/01/09 J T Leslie .20 Attended to coin and bullion matters.

07/02/09 C N Adams .30 Telephone conference with Malcolm Lovett regarding coin and

bullion protocol.

07/02/09 J T Leslie .30 Coordination for the Garciaparra request for information.

07/06/09 J A Cialone, II .90 Attention to coins and bullion issues.

07/06/09 J T Leslie 3.40 Coordinated the Garciaparra requests for information;

telephone conference with Paul Montgomery REDACTED

; revised the Protocol Memorandum and the

summary thereof; drafted a summary chart of the disposition of

Stanford Coins and Bullion.

07/07/09 C N Adams 1.90 Reviewing coin and bullion protocol; conference with Ralph

Janvey, Kristie Blumenschein and John Little regarding same;

reviewing research regarding same.

07/07/09 J A Cialone, II 1.20 Calls and emails about coins and bullion meeting both before

and after.

07/07/09 T M Davis 1.50 Prepare for call with R. Janvey and J. Little; call with R.

Janvey and J. Little.

07/07/09 J T Leslie 4.50 Revised the summary of SCB categories for submission to John

Little and the working group; REDACTED

; telephone conference with Paul Montgomery

regarding coins and bullion; telephone conference with John









149

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 83 of 377

Page 82









Hours Description

Little, Ralph Janvey and other members of the working group

with respect to the disposition of coins and bullion.

07/08/09 J T Leslie .50 Telephone conference with Paul Montgomery regarding SCB;

coordination for the order to release coins and bullion.

07/09/09 C N Adams .30 Telephone conference with coin customer regarding claim.

07/09/09 J T Leslie 4.40 Telephone conference with David Arlington regarding the

Release Order; drafted the Release Order; telephone conference

with Paul Montgomery REDACTED .

07/10/09 J T Leslie 5.60 Telephone conference with Paul Montgomery REDACTED

; telephone conference with Kristie

Blumenschein regarding the Release Order; drafted the Release

Order.

07/13/09 J T Leslie 6.90 Coordination for the REDACTED ; drafted the

Release Motion; telephone conferences with Craig Adams and

Kristie Blumenschein regarding the Release Motion.

07/14/09 J T Leslie 4.40 Drafted the Release Order; telephone conference with David

Arlington regarding the Release Motion.

07/15/09 J T Leslie .30 Review of claims related to coins and bullion; review of the

Release Motion.

07/16/09 C N Adams .70 Reviewing draft coin and bullion motion; telephone conference

with Tom Leslie regarding same.

07/16/09 J T Leslie 2.00 Drafted the Release Motion.

07/17/09 C N Adams .30 Reviewing issues regarding coin and bullion motion.

07/17/09 J T Leslie 1.40 Drafted the Release Motion;

07/17/09 N M Starbuck .70 Spoke with P. Montgomery REDACTED

.

07/19/09 J T Leslie 3.60 Drafted the Release Motion.

07/20/09 C N Adams .40 Reviewing revisions to coin and bullion motion.

07/20/09 J T Leslie 1.00 Coordination of coins and bullion demands; drafted letter to the

New Mexico Attorney General regarding coin and bullion

claims; reviewed comments to the Release Motion.

07/21/09 C N Adams .30 Reviewing revised coin and bullion motion.

07/21/09 J T Leslie 4.50 Drafted the Release Motion; coordination with respect to New

Mexico Attorney General claim.

07/22/09 J T Leslie 1.60 Review of coin and bullion demands; coordination for the

Release Motion; drafted the Release Motion.









150

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 84 of 377

Page 83









Hours Description

07/23/09 C N Adams .30 Reviewing revised motion.

07/23/09 J A Cialone, II 1.30 Attention to coins an bullion issues, including draft motion, and

related calls and emails.

07/23/09 J T Leslie 1.70 Drafted the Release Motion; telephone conference with Kristie

Blumenschein.

07/24/09 C N Adams .40 Reviewing revisions to motion.

07/24/09 J T Leslie 1.80 Drafted the Release Motion.

07/25/09 J T Leslie 1.50 Drafted the Release Motion.

07/26/09 J T Leslie 1.70 Drafted and revised the Declaration of Paul Montgomery as

related to the Release Motion.

07/27/09 J T Leslie 1.50 Drafted the Release Motion and the Declaration of Paul

Montgomery; telephone conference with Paul Montgomery

with respect to the Release Motion.

07/28/09 J T Leslie 1.50 Drafted the Release Motion; telephone conferences with Paul

Montgomery and Kristie Blumenschein with respect to the

Release Motion and special data requested by the Examiner;

telephone conferences with David Arlington and Andrew York

regarding the Release Motion.

07/29/09 J T Leslie 6.00 Telephone conferences with Paul Montgomery and Kristie

Blumenschein regarding Release Motion; drafted the Release

Motion; conducted fact-finding and drafted the report for the

Examiner regarding individuals in each coin category;

coordination for filing of the Release Motion.

07/30/09 J T Leslie .90 Telephone conference with Paul Montgomery regarding coins

and bullion and their release; telephone conference with Loren

Beck, counsel to the Garciaparras, regarding coins and bullion

claims; attended to other coin and bullion matters.

08/04/09 C N Adams .50 Telephone conference with client regarding coin and bullion

claim.

08/05/09 C N Adams .50 Reviewing coin and bullion claims.

08/06/09 C N Adams .60 Reviewing claim regarding coins and bullion; telephone

conference with claimant's counsel regarding same.

08/07/09 C N Adams .60 Telephone conference with coin customer regarding claim;

telephone conference with Tom Leslie regarding same.

08/07/09 J T Leslie .30 Telephone conference with Paul Montgomery regarding release

of coins and protocols therefore.

08/10/09 C N Adams .40 Reviewing client inquiries regarding coin claims.









151

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 85 of 377

Page 84









Hours Description

08/10/09 J T Leslie .30 Telephone conferences with David Arlington and Karina

Vargas with respect to motions filed by Benton and

Mothershead.

08/11/09 C N Adams .40 Reviewing inquiries regarding coin claims; attention to motion.

08/11/09 J T Leslie .40 Review of Dillon Gage production request and interrogatories;

telephone conference with David Arlington regarding the

production requests.

08/12/09 J T Leslie .90 Telephone conferences with David Arlington and Paul

Montgomery regarding Dillon Gage litigation.

08/13/09 J T Leslie .20 Responded to Release Motion inquiries.

08/14/09 C N Adams .90 Telephone conference with Charlie Baker regarding customer

claim regarding coins; telephone conference with Wanda

Peterson regarding coin claim.

08/14/09 J T Leslie .40 Research and email response to Release Motion inquiries.

08/16/09 J A Cialone, II .20 Emails about coins and bullion motion.

08/17/09 C N Adams .80 Telephone conference with Paul Montgomery regarding

outstanding customer claims.

08/17/09 J T Leslie .40 Drafted a response to Release Motion inquiries; telephone

conference with Paul Montgomery REDACTED



08/19/09 C N Adams .60 Reviewing claims presented by coin customers; reviewing

motion analysis regarding same.

08/19/09 J A Cialone, II .80 Attention to coins issues.

08/19/09 J T Leslie .10 Responses to Release Motion inquiries.

08/21/09 C N Adams .40 Reviewing Joe Frisard correspondence and related issues.

08/21/09 J T Leslie 1.20 Telephone conference with Paul Montgomery regarding

REDACTED ; responded to Release

Motion Inquiries.

08/22/09 C N Adams .40 Reviewing examiner questions regarding coin and bullion

claims.

08/24/09 C N Adams .40 Reviewing claims regarding coins and bullion.

08/24/09 J T Leslie .30 Responded to Release Motion inquiries.

08/25/09 J T Leslie .30 Responded to Release Motion Inquiries.

08/27/09 J T Leslie .20 Responded to Release Motion Requests.

08/28/09 J T Leslie .10 Responded to Release Motion inquiries.









152

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 86 of 377

Page 85









Hours Description

08/31/09 C N Adams .50 Telephone conference with Tom Leslie regarding coin and

bullion claims; reviewing materials regarding same.

08/31/09 J A Cialone, II .90 Reviewed emails and drafted letter related to coins and bullion;

related calls and emails.

08/31/09 J T Leslie .40 Research and responses with respect to Release Motion

inquiries.

Matter Total 126.30





079716.0107 Document Production Matters

Hours Description

06/01/09 C N Adams .40 Telephone conference with Chad Nunez regarding DOJ

requests.

06/01/09 M C Hurd 9.50 Drafted and revised production letters to FBI and DOJ tax

division; reviewed prior FBI and SEC productions for

document provided by FTI to Bob Howell; coordinated

preparation and production of documents and information for

FBI production; phone call and corresponded with Craig

Adams and corresponded with Kevin Sadler, Richard Husseini,

and Gail Foster regarding upcoming production to DOJ tax

division; phone calls and corresponded with Mark Schwartz in

litigation support regarding same; coordinated preparation of

documents and information for DOJ production; reviewed

reports of files processed and unable to be processed from

Failing CDs; corresponded with Gary Osborn regarding DOJ

criminal fraud division request; revised and updated FBI

production worksheet.

06/01/09 J T Leslie .70 Telephone conference with Malcolm Lovett regarding

document storage; telephone conference with Todd Grey

regarding document storage.

06/01/09 N M Starbuck 1.80 Prepared memo re: REDACTED

;

revised production log.

06/01/09 N M Starbuck 2.20 Reviewed and indexed SFG TPC presentations to facilitate FBI

request.

06/02/09 C N Adams 1.30 Telephone conference with DOJ production issues; telephone

conference with Karyl Van Tassel regarding same; conference

with Tom Keltner regarding witness interviews.

06/02/09 J A Cialone, II .50 Calls and emails about DOJ requests for access to FTI

personnel and materials.









153

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 87 of 377

Page 86









Hours Description

06/02/09 J G Foster 1.20 Attention to preparation of electronic data production to DOJ,

format and associated costs; reviewed and responded to

communications regarding employee missing laptop issues.

06/02/09 M C Hurd 4.30 Drafted and revised production letter to DOJ tax division;

coordinated preparation of documents and information for DOJ

production; corresponded with Craig Adams, phone call with

Mark Kusey, and office conferences with Gail Foster regarding

same; revised and updated government entities' production log;

corresponded with Juan Martinez regarding additional contact

information for Stanford employee missing computer letter;

corresponded with Craig Adams regarding context for other

Stanford employee's missing computer.

06/02/09 N M Starbuck 4.20 Reviewed and indexed SFG TPC presentations to facilitate FBI

request

06/03/09 C N Adams .50 Telephone conference with Allan Medina regarding DOJ

requests.

06/03/09 M C Hurd 6.90 Drafted and revised production letter to FBI; coordinated

preparation and production of electronic materials for FBI

production; office conference with Gary Osborn regarding DOJ

request; revised and updated government entities' production

log; reviewed correspondence regarding address for Stanford

employee missing computer letter; revised and updated FBI

production work sheet; office conference with Chad Nunez

regarding FBI and DOJ productions recently sent by email;

corresponded and phone call with Craig Adams regarding

documents for DOJ production; reviewed report REDACTED



; coordinated preparation of same documents for

IRS audit team on behalf of DOJ request; revised and

circulated list of and notes on outstanding government entities'

requests; corresponded with Craig Adams and Jim Scarazzo

regarding calendar documents for FBI request.

06/03/09 J T Leslie .30 Telephone conference with counsel to Iron Mountain REDACTED

.

06/03/09 N M Starbuck 2.80 Assisted Marisa Hurd with preparing production materials for

Chad Nunez (FBI).

06/04/09 C N Adams .70 Telephone conference with DOJ regarding victim's assistance

issues; reviewing broker calendar for production.

06/04/09 J C Huddleston 3.40 Assembled and prepared documents for production to the FBI.

06/04/09 M C Hurd 8.20 Coordinated preparation of documents and electronic materials

for DOJ production; reviewed password-protected documents

from Harry Failing production; corresponded with Failing's







154

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 88 of 377

Page 87









Hours Description

attorney regarding additional files missing passwords;

coordinated preparation of same documents for IRS audit team

on behalf of DOJ request; office conferences with Jeff

Ferguson, Mark Russell, and Shawn Giles regarding recent FBI

requests; reviewed production set and file for same; worked

with Russell and Giles regarding document search;

corresponded with Craig Adams, Karyl Van Tassel, Ferguson,

and Russell regarding recent FBI requests; reviewed calendar

documents provided by Jim Scarazzo for FBI request; office

conference with Mike Myers regarding receiver

correspondence issue; reviewed production set for recent

correspondence from Andrea Stoelker's counsel to receiver.

06/04/09 J T Leslie .40 Coordination for FBI document production requests.

06/04/09 N M Starbuck 3.90 Prepared Jason Green's exchange email calendar for production

to the FBI; prepared J. Davis emails for production to FBI and

DOJ; assisted M. Hurd with locating materials requested by C.

Nunez, FBI.

06/04/09 N M Starbuck .50 Updated production log and receivership file.

06/05/09 C N Adams .80 Telephone conference with FBI regarding document

production requests; reviewing materials regarding same.

06/05/09 J G Foster .90 Attention to handling of certain electronic data, media and

equipment held by FTI, and conferred with C. Adams

regarding same; prepared email memo to C. Adams regarding

plan and coordination with FTI.

06/05/09 J C Huddleston 4.10 Assembled and prepared documents for production to the FBI.

06/05/09 M C Hurd 6.90 Drafted and revised production letter to DOJ tax division;

coordinated preparation and production of documents and

electronic materials for DOJ production; prepared password-

protected documents from Harry Failing production and

circulated to IRS audit team on behalf of DOJ; reviewed

documents provided by Mark Russell for FBI request;

corresponded with Karyl Van Tassel, Jeff Ferguson, and

Russell regarding FBI request; reviewed calendar documents

provided by Jim Scarazzo for FBI request; corresponded with

IRA audit team on behalf of DOJ regarding DOJ production;

corresponded with Richard Husseini, Kevin Sadler, and Craig

Adams regarding status of Harry Failing documents and

availability for outside review; coordinated preparation of same

for review.

06/05/09 M D Kusey .50 Prepared scan of Failing documents for production and sent the

same to Marisa Hurd.

06/05/09 N M Starbuck 4.10 Produced to the DOJ items scanned by IRS Audit team from







155

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 89 of 377

Page 88









Hours Description

Harry Failing boxes; prepared RAS exchange e-mail calendar

for production to FBI/DOJ; bates and FOIA labeled cash

reports and SIBL statements in response to FBI request.

06/05/09 N M Starbuck .70 Updated Receivership file and production log.

06/06/09 C N Adams .40 Telephone conference with Chad Nunez regarding production

issues.

06/07/09 J A Cialone, II .80 Attention to Stanford subpoena and related issues; other

document production calls and emails.

06/08/09 C N Adams .30 Attention to FBI production request.

06/08/09 J G Foster .50 Conferred with C. Adams regarding proposal for handling

media and computer equipment; conferred with J.

Scarazzo/FTI regarding status of various media and computer

equipment held by FTI and plans for handling same.

06/08/09 J C Huddleston 3.70 Assembled and prepared documents for production to the FBI.

06/08/09 M C Hurd 7.30 Prepared password-protected documents from Harry Failing

production and recirculated to IRS audit team on behalf of

DOJ; reviewed calendar documents provided by Jim Scarazzo

for FBI request; corresponded with Richard Husseini, Kevin

Sadler, and Craig Adams regarding status of Harry Failing

documents and availability for outside review; coordinated

preparation of same for review; phone call and corresponded

with Harrison Tucker and Adams regarding FBI request;

reviewed corporate books for FBI request; coordinated

preparation of documents and information for FBI production;

corresponded with Tim Durst regarding revising draft response

to Stanford's motion to compel.

06/08/09 M D Kusey 1.70 Reviewed Failing boxes; office conference with Marisa Hurd

regarding the same.

06/08/09 J T Leslie .40 Drafted and submitted a summary of efforts regarding FBI

document request to Craig Adams.

06/08/09 N M Starbuck 3.70 Prepared Jason Green's calendar for production to FBI; at the

request of C. Adams reviewed content of SIBL board minutes

and prepared for production to FBI.

06/08/09 N M Starbuck 2.10 Reviewed and indexed SFG media presentations for

compliance with FBI request.

06/09/09 J G Foster .70 Prepared memo to J. Scarazzo/FTI regarding handling of

certain media and computer equipment.

06/09/09 J C Huddleston 5.40 Reviewed previously produced documents and logs at the

direction of Marisa Hurd in connection with R. Allen Stanford









156

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 90 of 377

Page 89









Hours Description

requests.

06/09/09 M C Hurd 11.30 Reviewed Stanford's motion to compel; coordinated review of

all produced documents and file for documents responsive to

Stanford's requests for production; office conferences with Jeff

Ferguson and Gary Osborn regarding responsive documents for

same; reviewed and revised draft response to Stanford's motion

to compel and circulated same to team; drafted and revised

spreadsheet detailing potential responses to Stanford's requests

for production; phone call and corresponded with Postal

Inspector Clayton Gerber regarding information provided in

DOJ production; reviewed and corresponded with Adams

regarding latest FBI request letter.

06/09/09 N M Starbuck 5.90 Assisted M. Hurd with facilitating RAS attorney request by

locating requested materials, drafting response log, and

organizing exhibits.

06/10/09 C N Adams .50 Telephone conference with Chad Nunez regarding potential

claims.

06/10/09 J A Cialone, II .40 Calls and emails about document production protocol and

processes.

06/10/09 J G Foster .50 Reviewed S. Lindstrom email and warehouse equipment

insurance coverage documentation; conferred with S.

Lindstrom regarding media and computer equipment to be

delivered by FTI for storage at Houston warehouse.

06/10/09 M C Hurd 7.00 Coordinated review and preparation of documents and

electronic materials responsive to Stanford's requests for

production; office conferences with Jeff Ferguson and Shawn

Giles regarding responsive documents for same; reviewed and

revised draft response to Stanford's motion to compel and

circulated same to team; revised spreadsheet REDACTED

; reviewed and

corresponded with Craig Adams regarding latest FBI request

letter; corresponded and office conferences with Benie George

regarding FBI requests.

06/10/09 J T Leslie .90 Drafted letter of release for documents being stored at Iron

Mountain; coordinated for release of documents being stored at

Iron Mountain.

06/10/09 N M Starbuck 4.10 Assisted M. Hurd with facilitating RAS attorney request by

analyzing previously produced materials and preparing

productions for duplication; prepared redbook financial

statements for production to FBI.

06/11/09 J A Cialone, II 1.00 Attention to draft response to Motion to Compel; related calls

and emails; reviewed documents and considered alternative







157

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 91 of 377

Page 90









Hours Description

strategies to document production fights.

06/11/09 J C Huddleston .70 Reviewed Redbooks at the direction of Marisa Hurd for FBI

request.

06/11/09 M C Hurd 5.10 Drafted and revised production letter to FBI; coordinated

preparation of documents and information for FBI production;

corresponded with team regarding response to Stanford's

motion to compel; phone call and corresponded with Tim Durst

and Jennifer Adams regarding same and categories of

documents available for review; drafted and revised

documents-related section of response to Stanford's motion to

compel.

06/11/09 N M Starbuck 4.40 Prepared cash summary reports, Memphis analyst's weekly

reports, and SIBL meeting minutes for production to FBI; bates

and FOIA labeled redbook financial statements for production

to FBI; located most current financial statements at the request

of the FBI.

06/11/09 N M Starbuck .50 Re-filed FBI requested items into Receivership log.

06/12/09 J G Foster .10 Conferred with C. Adams regarding status of warehouse

equipment insurance coverage.

06/12/09 M C Hurd 3.00 Drafted and revised production letter to FBI; coordinated

preparation of documents and information for FBI production;

corresponded with Craig Adams regarding FBI requests;

coordinated preparation of St. Croix items for turnover to

Stanford's counsel; reviewed file for documents to assist New

York firm involved in private equity investment management;

revised and updated log REDACTED



06/12/09 J T Leslie .10 Coordination for FBI production request.

06/15/09 C N Adams .30 Reviewing production request.

06/15/09 J G Foster .30 Follow up with J. Scarazzo/FTI regarding status of research

and handling of computer equipment and media.

06/15/09 M C Hurd 1.10 Corresponded with IRS audit team on behalf of DOJ;

performed inquiry into certain non-viewable files from Harry

Failing production CD; corresponded with litigation support

regarding same; corresponded with Craig Adams regarding

Stanford employees' responses to Receiver's request for their

missing laptops.

06/15/09 N M Starbuck .90 Reviewed SGC media materials to facilitate FBI request.

06/16/09 M C Hurd 2.10 Corresponded with IRS audit team on behalf of DOJ;

performed inquiry into certain nonviewable files from Harry









158

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 92 of 377

Page 91









Hours Description

Failing production CD; corresponded with litigation support

regarding same; corresponded with Craig Adams regarding FBI

request; drafted and revised production letter to FBI;

coordinated preparation of documents and information for FBI

production; reviewed update from Tom Leslie regarding FBI

request.

06/16/09 J T Leslie 1.10 Telephone conference with Steve Lindstrom regarding the FBI

document production request; coordinated final release of the

Iron Mountain documents; researched and compiled the status

of a response to an FBI document production request and

submitted to Craig Adams.

06/16/09 N M Starbuck 1.70 Assisted FTI in preparation for meeting with DOJ.

06/17/09 C N Adams 1.60 Telephone conference with Karyl Van Tassel and Jeff

Ferguson regarding DOJ testimony issues; reviewing materials

for production.

06/17/09 M C Hurd 1.50 Reviewed calendar documents for FBI request; drafted and

revised production letter for FBI; coordinated preparation of

documents and information for FBI production; corresponded

with Jeff Ferguson regarding DOJ/FBI meeting.

06/17/09 J T Leslie .20 Coordinate release of Iron Mountain documents.

06/17/09 N M Starbuck 2.00 Prepared Jason Green's email exchange calendar for production

to FBI.

06/18/09 C N Adams 2.30 Telephone conference with Louisiana Attorney General

regarding document production issues; reviewing DOJ

production requests; telephone conference with Chad Nunez

regarding pending requests.

06/18/09 J A Cialone, II .80 Meetings, calls and emails throughout the day with Receiver

and various team members concerning document protocol and

production.

06/18/09 M C Hurd 1.70 Drafted and revised production letter to FBI; coordinated

preparation and production of documents and information to

FBI; phone call with Chad Nunez regarding FBI requests;

phone calls and corresponded with Jeff Ferguson and Karyl

Van Tassel regarding FBI requests and production status of

documents to FBI and SEC; corresponded with Shawn Giles

and reviewed voicemail from Mark Russell regarding FBI

requests.

06/18/09 J T Leslie .20 Coordinated Iron Mountain document retrieval.

06/18/09 M G Myers .20 Attention to matters relating to response to state regulatory

subpoenas and production of documents.









159

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 93 of 377

Page 92









Hours Description

06/18/09 N M Starbuck 4.30 Produced redbook financial statements, SIBL Board of

Director meeting minutes, and weekly statements for SIB,

Bank of Antigua, and Panama to FBI; assisted C. Nunez with

preparation for meeting with DOJ.

06/19/09 C N Adams 1.00 Reviewing document production requests; telephone

conference with government regarding outstanding request.

06/20/09 J A Cialone, II 1.10 Calls and emails about FTI's responses to requests from

government; considered same.

06/22/09 C N Adams .30 Attention to SEC request for email production.

06/22/09 M C Hurd 3.30 Corresponded with litigation support regarding password-

protected files from Harry Failing production for request from

IRS audit team on behalf of DOJ; coordinated preparation of

information and documents for FBI production; drafted FBI

production worksheet; revised and updated FBI production log;

drafted and revised production letters for FBI.

06/22/09 N M Starbuck 4.00 Prepared June 2008 Foreign and Domestic Redbooks for

production to the FBI; updated production log.

06/23/09 J G Foster .30 Conferred with J. Scarazzo regarding status of computer

equipment and media delivery for long term storage.

06/23/09 J C Huddleston 8.70 Assembled and prepared documents for production to the states

of Massachusetts and Pennsylvania in connection with

requests.

06/23/09 M C Hurd 2.30 Coordinated preparation of documents and information for

state requests and productions; reviewed and revised

government production log.

06/23/09 M G Myers 4.10 Attention to matters relating to response to state regulatory

subpoenas and production of documents.

06/23/09 N M Starbuck 6.60 Prepared SIBL marketing materials, SFGC policy and

procedure manuals, and account holder information for frozen

accounts for production to Massachusetts and Pennsylvania.

06/24/09 C N Adams 1.90 Telephone conference with Chad Nunez regarding document

requests; attention to FBI and SEC production issues;

reviewing production materials.

06/24/09 J G Foster .70 Reviewed materials from Stanford Dallas office delivered by

Thompson & Knight and conferred with C. Adams regarding

same; forwarded materials to C. Adams for review.

06/24/09 J C Huddleston 5.90 Assembled and prepared documents for production to the states

of Massachusetts and Pennsylvania in connection with

requests; quality-checked same.









160

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 94 of 377

Page 93









Hours Description

06/24/09 M C Hurd .80 Reviewed document provided by Gail Foster for possible

production to FBI and SEC; office conference with Foster

regarding documents located in Dallas office closure.

06/24/09 J T Leslie .30 Attended to issues involving the Iron Mountain documents;

telephone conference with Gail Foster regarding additional

documents from the Dallas office.

06/24/09 N M Starbuck 4.30 Prepared account statements and policy manuals for production

to Massachusetts and Pennsylvania; prepared SAS account

statements for production to Massachusetts.

06/25/09 C N Adams 1.50 Attention to SEC email production request; telephone

conference with Chad Nunez regarding additional FBI

requests; attention to same.

06/25/09 J C Huddleston 4.10 Assembled and prepared documents for production to the state

of Louisiana; updated and/or managed state of Pennsylvania

and Oklahoma production files.

06/25/09 M C Hurd 1.30 Coordinated preparation of documents and information for FBI

production; coordinated preparation and production of

documents for SEC production; drafted and revised production

letters to FBI and SEC; corresponded with Craig Adams

regarding production issues.

06/25/09 J T Leslie .60 Office conference with John Greer regarding documents from

Columbia; coordinated to receive and to file documents from

Columbia.

06/25/09 J T Leslie .20 Telephone conference with Craig Adams regarding passports

and other documents requested by Stanford Defendants and

affiliates.

06/25/09 N M Starbuck 4.00 Prepared 2006 SGC Wire Transfer Log for production to FBI

and SEC; Located foreign and domestic redbooks to facilitate

FBI request; quality-checked Pennsylvania production request;

at the request of M. Myers prepared documents for production

to Pennsylvania, Massachusetts, Louisiana, and Oklahoma;

prepared redbook for production to FBI.

06/26/09 C N Adams .90 Telephone conference with Tom Leslie regarding passports;

telephone conference with Steve Lindstrom regarding same.

06/26/09 C N Adams .40 Telephone conference with Chad Nunez regarding FBI

production requests.

06/26/09 J G Foster .20 Attention to emails regarding handling of materials received

from Stanford Bogota office.

06/26/09 M C Hurd 2.90 Drafted and revised production letters to DOJ and SEC;

coordinated preparation of electronic materials for SEC







161

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 95 of 377

Page 94









Hours Description

production; corresponded with Craig Adams, Jeff Ferguson,

and Karyl Van Tassel regarding DOJ request; corresponded

with Jim Scarazzo regarding SEC request; corresponded with

Adams regarding production issues.

06/26/09 J T Leslie 3.10 Coordinate Iron Mountain document release; telephone

conferences with Craig Adams with respect to the Stanford

Defendants passports; coordination and fact-finding with

respect to the Stanford Defendants passports.

06/26/09 N M Starbuck 3.30 Prepared evidence of recent productions for transmittal to

Securities and Exchange Commission FOIA officer; prepared

most recent completed redbooks for production to the FBI;

prepared FA Commission Structure manual for production to

Pennsylvania.

06/29/09 C N Adams .30 Reviewing production to SEC of financial advisor emails.

06/29/09 J G Foster .90 Conferred with M. Hurd regarding Dallas office delivery;

conferred with J. Scarazzo/FTI regarding status of computer

equipment and media; conferred with M. Lovett and R. Davis

regarding REDACTED



.

06/29/09 J C Huddleston 5.50 Assembled and prepared documents for production to

Pennsylvania and Massachusetts.

06/29/09 M C Hurd 4.60 Coordinated production of electronic materials to SEC; updated

and revised government production worksheets; corresponded

with Jeff Ferguson regarding DOJ request; corresponded with

Adams regarding items of interest; corresponded with Ferguson

regarding wire transfer document produced; office conferences

with Mike Myers regarding procedure for production of

electronic materials; drafted and revised production letters to

FBI; corresponded with Gail Foster regarding chain of custody

of Dallas office closure documents.

06/29/09 J T Leslie .20 Coordinated for documents to be delivered to Stanford

Defendants and affiliates.

06/29/09 M G Myers 6.70 Attention to matters relating to response to state regulatory

subpoenas and production of documents.

06/29/09 N M Starbuck 5.40 Prepared supervisory, compliance, and policy manuals for

production to Pennsylvania; logged and filed PST emails for

custodian L. Schaufele; prepared redbooks for production to

FBI.

06/30/09 J G Foster .80 Conferred with C. Adams regarding additional documents for

review, and attention to same; conferred with R. Davis









162

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 96 of 377

Page 95









Hours Description

regarding status of boxes for Baker Botts review, and arranged

for H. Tucker review.

06/30/09 J C Huddleston 5.00 Assembled and prepared documents for production to

Pennsylvania and Massachusetts; quality-checked documents

for production to Pennsylvania and Massachusetts.

06/30/09 M C Hurd 5.00 Coordinated preparation of information and documents for FBI

production; drafted and revised production letters to FBI;

reviewed documents provided by Jeff Ferguson and Shawn

Giles for DOJ request; corresponded with Giles regarding DOJ

request; updated and revised log of REDACTED

; updated and revised

government production log; updated and revised list of

outstanding government requests.

06/30/09 M G Myers 1.10 Attention to matters relating to response to state regulatory

subpoenas and production of documents.

06/30/09 N M Starbuck 5.00 Quality-checked Pennsylvania production request; at the

request of M. Myers prepared account statements and SFGC

policy and procedure manuals for production to Pennsylvania.

07/01/09 C N Adams .80 Attention to production of identification materials.

07/01/09 M C Hurd 1.80 Coordinated preparation of information and documents for FBI

production and DOJ criminal division production; drafted and

revised production letters to FBI and DOJ; reviewed

documents provided by Shawn Giles for DOJ request;

corresponded with Giles regarding DOJ request; phone calls

and corresponded with Craig Adams and Tom Leslie regarding

file issues.

07/01/09 N M Starbuck 1.00 Prepared documents for production to Oklahoma Department

of Securities.

07/02/09 J G Foster 1.80 Reviewed report from J. Scarazzo/FTI regarding status of

computer hardware and electronic media being maintained by

FTI, and transfer of certain items to long term storage;

reviewed and confirmed transfer documentation provided by J.

Scarazzo; reviewed additional spreadsheet reports provided by

J. Scarazzo vis a vis additional items, and forwarded to C.

Adams for review.

07/02/09 M C Hurd .90 Coordinated preparation of information and documents for FBI

production and DOJ criminal division production; drafted and

revised production letters to FBI and DOJ.

07/02/09 J T Leslie .40 Coordinate the release of Iron Mountain documents and other

document storage matters.









163

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 97 of 377

Page 96









Hours Description

07/02/09 M G Myers 2.90 Attention to matters relating to production of documents

pursuant to various state subpoenas and document requests.

07/02/09 N M Starbuck 2.70 Prepared R. Allen Stanford's Antigua and Barbados Diplomatic

Passport and REDACTED

for production to the FBI and DOJ.

07/04/09 J A Cialone, II .60 Attention to DOJ request for information.

07/06/09 C N Adams .40 Telephone conference with David Fraser regarding review of

compliance records; reviewing materials regarding same.

07/06/09 M C Hurd 10.90 Corresponded with Craig Adams regarding FBI request;

corresponded with Chad Nunez regarding status of FBI/DOJ

productions; coordinated preparation and production of

information and documents to DOJ and FBI; reviewed RAS

and Stoelker St. Croix boxes to determine additional boxes to

release; phone call with Adams and office conferences and

corresponded with Steve Lindstrom regarding same; office

conferences with Paul Montgomery regarding jewelry items

from same; coordinated preparation of chains of custodies and

inventories for released boxes.

07/06/09 J T Leslie .60 Coordinated storage of documents held by Forefront and other

storage and production issues; telephone conference with John

Greer regarding Forefront documents.

07/06/09 M G Myers .80 Responded to emails from and communicated with various

state regulatory agencies regarding document and information

requests.

07/06/09 N M Starbuck 1.10 Provided to C. Nunez items requested for production by the

FBI and DOJ.

07/07/09 C N Adams .30 Telephone conference with Malcolm Lovett regarding

compliance records for SEC review.

07/07/09 M G Myers .80 Responded to emails from and communicated with various

state regulatory agencies regarding document and information

requests.

07/07/09 N M Starbuck 2.10 Requested employee directories for Stanford Group Company

and Stanford Trust Company to facilitate the production

request of the Louisiana DOJ Special Prosecutions Unit;

coordinated production of documents requested by the State of

Louisiana.

07/08/09 C N Adams 1.50 Reviewing organization charts for production to SEC and

Louisiana Attorney General's's office; reviewing issues

regarding production of passports; telephone conference with

Joe Cialone regarding same; telephone conference with David









164

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 98 of 377

Page 97









Hours Description

Fraser and Malcolm Lovett regarding review of compliance

records.

07/08/09 J G Foster .30 Reviewed H. Tucker report regarding review of Y. Suarez

boxes and specified documents.

07/08/09 M C Hurd 4.80 Coordinated preparation and production of information and

documents to FBI and SEC; corresponded with Craig Adams

and Mike Myers regarding documents for SEC request and LA

attorney general request; corresponded with Adams, Myers,

and Jim Scarazzo regarding MS Secretary of State electronic

data request; phone call with Chad Nunez and corresponded

with Adams and Scarazzo regarding FBI electronic data

request.

07/08/09 J T Leslie .10 Coordinate collection of employee computers.

07/08/09 M G Myers 2.70 Discussions with the Attorney General for the state of

Louisiana regarding investigation into Stanford Trust Company

and document requests relating to same; attention to matters

relating to document production for Louisiana attorney general

and other state agencies.

07/08/09 N M Starbuck 6.00 Searched Receivership file for organization charts and

produced to FBI and Louisiana Department of Justice;

coordinated obtaining Louisiana and Texas Stanford employee

information pursuant to State of Louisiana production request;

attention to remaining Louisiana production requests.

07/09/09 C N Adams .50 Telephone conference with Joe Cialone regarding SEC

production requests; telephone conference with Louisiana

Attorney General regarding investigation.

07/09/09 M C Hurd .30 Corresponded with Alison Sulentic and Kevin Blake regarding

DOL request; corresponded with Tom Leslie regarding

treatment of missing employee computers.

07/09/09 J T Leslie .60 Coordinate release of Iron Mountain documents; telephone

conference with John Greer and Hugh Howser (Forefront

counsel) regarding Forefront documents.

07/10/09 C N Adams .60 Telephone conference with Karyl Van Tassel regarding

electronic evidence; telephone conference with Jim Scarazzo

regarding same.

07/10/09 M C Hurd .60 Phone call with Richard Husseini regarding status of password-

protected files in Harry Failing documents; corresponded with

Jim Scarazzo regarding FBI and Mississippi Secretary of State

requests; corresponded with Alison Sulentic regarding DOL

request.









165

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 99 of 377

Page 98









Hours Description

07/10/09 J T Leslie .30 Coordinate Iron Mountain documents.

07/10/09 M G Myers .10 Emailed Nadia Starbuck with various requests related to

document production for state agencies.

07/10/09 N M Starbuck 3.80 Prepared documents for production to the Criminal Division

and Special Prosecutions Unit of Louisiana Department of

Justice.

07/13/09 C N Adams 2.90 Conference with Joe Cialone and Karyl Van Tassel regarding

document production issues; conference with Kevin

Edmundson, Michael King, Joe Cialone and Karyl Van Tassel

regarding same.

07/13/09 J C Huddleston 4.20 Assembled and prepared documents for production to

Louisiana and the SEC.

07/13/09 M C Hurd 3.40 Corresponded with Craig Adams regarding SEC requests;

corresponded with Alison Sulentic and Kevin Blake regarding

DOL request; corresponded with Tom Leslie, Dave Schulte,

and Steve Lindstrom regarding FBI request; corresponded with

Mike Myers regarding coordination and preparation of

electronic materials for Mississippi production; coordinated

preparation and production of documents and information to

SEC; drafted and revised production letters to SEC and FBI;

coordinated preparation of electronic materials for FBI

production.

07/13/09 J T Leslie .20 Coordinated response to FBI information request.

07/13/09 M G Myers 2.20 Attention to matters relating to document production for

various state regulatory agencies in response to subpoenas and

document requests.

07/13/09 N M Starbuck 4.00 Produced documents to the Louisiana DOJ; produced broker-

dealer account statements to SEC; prepared SGC Financial

Statements and Baton Rogue Audit Reviews for production to

Louisiana; prepared hard drive data for Ft. Lauderdale

employees for production to the FBI; prepared employee email

data for production to Mississippi.

07/14/09 C N Adams 1.30 Reviewing materials for production to the SEC; telephone

conference with Karyl Van Tassel regarding same; telephone

conference with Allen Medina regarding DOJ victim's's

assistance.

07/14/09 J G Foster .40 Conferred with M. Hurd regarding SEC request for Stanford

office moving documentation; reviewed documentation and

discussed production issues.

07/14/09 J C Huddleston 7.70 Attention to SEC and state document production requests.









166

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 100 of 377

Page 99









Hours Description

07/14/09 M C Hurd 7.70 Coordinated preparation and production of documents and

information for SEC production; corresponded with Craig

Adams and Tom Leslie regarding SEC request; phone call and

corresponded with Gail Foster regarding SEC request; phone

call and corresponded with Dave Schulte regarding FBI

request; corresponded with Kim Schlanger and Staci Lowman

regarding FBI request; office conferences with Shawn Giles

regarding FBI request; reviewed legal files from concourse for

FBI request; corresponded with Chad Nunez and Adams

regarding FBI requests; corresponded with Mark Russell and

Karyl Van Tassel regarding SEC and FBI request; office

conference with SEC team reviewing documents at 5050

Westheimer.

07/14/09 J T Leslie .50 Telephone conference with John Greer regarding Forefront

documents; coordination of FBI information request.

07/14/09 M G Myers 3.10 Attention to matters relating to production of documents and

responses to various email inquiries from state regulatory

agencies.

07/14/09 N M Starbuck 5.20 Prepared production to Louisiana Department of Justice;

processed real estate closing documents to comply with FBI

request.

07/14/09 N M Starbuck .40 Prepared Stanford-issued laptop computer for custodian

Josephine Millward for transmittal to FTI.

07/15/09 C N Adams .80 Preparing website information regarding victim notification.

07/15/09 J G Foster .30 Reviewed C. Adams email regarding Forefront data/document

preservation issues and conferred with him regarding same.

07/15/09 J C Huddleston 5.70 Assembled and prepared documents for production to the

Secretary of States of Iowa and Maine.

07/15/09 M C Hurd 2.00 Corresponded with Dave Schulte regarding FBI request;

corresponded with Chad Nunez and Craig Adams regarding

FBI requests; coordinated preparation of documents and

electronic materials for FBI production; drafted and revised

production letters to FBI.

07/15/09 J T Leslie 2.10 Coordination of Forefront documents; coordination of return of

employee laptops; telephone conferences with Con Massey

regarding return of company owned laptop.

07/15/09 M G Myers 6.10 Worked on filling document requests from various state

agencies and supplementing requests that had already been

partially produced; conference call with Florida state regulators

to discuss and address investigation needs.









167

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 101 of 377

Page 100









Hours Description

07/15/09 N M Starbuck 8.30 Prepared listing of STC Customers for production to State of

Texas Department of Banking; produced documents requested

by Louisiana Department of Justice; received and processed for

production to the FBI photos of SFG's Ft. Lauderdale office;

begin preparation of marketing materials for production to

Mississippi.

07/16/09 J C Huddleston 7.70 Assembled and prepared documents for production to the

Secretary of States of Iowa and Maine; quality-checked

documents for production for same.

07/16/09 M C Hurd 1.30 Coordinated preparation of documents and electronic materials

for FBI production; phone call and corresponded with Chad

Nunez regarding registered mail issue; corresponded with

Clayton Gerber and Craig Adams regarding same;

corresponded with Kim Schlanger and Staci Lowman regarding

FBI request.

07/16/09 J T Leslie .90 Coordination of return of computers by employees; telephone

conference with Jan Wald regarding return of his computer;

office conference with John Greer regarding Forefront

documents; telephone conference with Louis Ginn of A-1

Freeman regarding warehouse website.

07/16/09 M G Myers 1.70 Filling document requests from various state agencies and

supplementing requests that had already been partially

produced.

07/16/09 N M Starbuck 7.00 Prepared production to the State of Mississippi; prepared

account opening documents for production to State of Florida

Office of Financial Regulation.

07/17/09 J C Huddleston 7.70 Assembled and prepared documents for production to the

Secretary of State of Florida; quality-checked documents for

same; investigated Stanford outgoing mail delivery to New

Iberia, Louisiana.

07/17/09 M C Hurd 2.00 Phone call to Clayton Gerber and corresponded with Gerber

and Chad Nunez regarding registered mail issue; corresponded

with Nunez regarding FBI production; drafted and revised

production letters to FBI and SEC; coordinated preparation and

production of SEC production.

07/17/09 J T Leslie .10 Coordinate return of employee laptops.

07/17/09 N M Starbuck 6.80 Produced account information to Maine Department of

Professional and Financial Regulation and Iowa Insurance

Enforcement Bureau; produced account applications and

agreements to State of Florida Department of Financial

Regulation; prepared electronic evidence reports created by M.

Russell of FTI for production to FBI; produced documents







168

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 102 of 377

Page 101









Hours Description

requested by D. Fraser of the SEC; produced SIB Due

Diligence power point presentation to Louisiana Department of

Justice.

07/20/09 J C Huddleston 3.30 Prepared transmittal of information to FBI in connection with

FBI production; quality-checked materials for production to the

FBI.

07/20/09 M C Hurd 2.70 Coordinated preparation and production of documents and

electronic materials for FBI production; drafted and revised

production letter to FBI; worked with paralegals regarding

source of proposed exhibits REDACTED ;

corresponded with Craig Adams and Bill Stutts regarding

findings on same.

07/20/09 M G Myers 8.20 Attention to document production requests and other requests

from state regulatory agencies and the Securities and Exchange

Commission.

07/20/09 N M Starbuck 4.70 Produced Fort Lauderdale evidence files and Real Estate

Documents for Antigua Islands to C. Nunez of the FBI; at the

request of M. Myers produced information to Securities and

Exchange Commission Division of Enforcement.

07/21/09 C N Adams .70 Reviewing request for documents for King extradition hearing;

telephone conference with Chad Nunez regarding same.

07/21/09 J G Foster .20 Reviewed email from R. Davis regarding proposed compliance

protocol for handling certain departmental documents.

07/21/09 M C Hurd 2.50 Drafted and revised production letters to DOL; corresponded

with Alison Sulentic regarding preparation of DOL production;

corresponded with Chad Nunez and Jim Scarazzo regarding

FBI electronic materials request; phone call with Craig Adams

and Nunez regarding source of proposed exhibits to Leroy

King extradition affidavit and FBI requests; corresponded with

Adams regarding same; corresponded with Scarazzo regarding

FBI request.

07/21/09 M G Myers 2.40 Attention to document production requests and other requests

from state regulatory agencies and the Securities and Exchange

Commission.

07/22/09 J G Foster .30 Reviewed R. Davis email regarding handling of documents

retrieved from warehouse for production pursuant to

government request, and attention to same.

07/22/09 M C Hurd 2.40 Phone call with Simon Strong regarding FBI request; reviewed

memorandum provided by Strong related to FBI request;

corresponded with Chad Nunez regarding FBI request; office

conference with Gail Foster regarding document handling and









169

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 103 of 377

Page 102









Hours Description

inventory issues; phone call with Rhonda Davis regarding

same.

07/22/09 J T Leslie .10 Coordination of Louisiana Attorney General production

request.

07/22/09 N M Starbuck 4.50 Produced statements to State of Kentucky; produced materials

requested by Mississippi Secretary of State; at the request of A.

Sultenic produced letter containing SIBL Account Information

for LCM Trust to the US Department of Labor.

07/22/09 N M Starbuck 1.40 Assisted in providing support for R. Janvey's AFFIDAVIT

REDACTED

.

07/23/09 J G Foster .20 Reviewed email and listing provided by J. Scarazzo regarding

data/document productions to date.

07/23/09 J C Huddleston 7.70 Reconciled Baker Botts production log to FTI production log.

07/23/09 M C Hurd .30 Reviewed email and spreadsheet from Jim Scarazzo regarding

electronic data gathering; coordinated review of spreadsheet

against government production logs.

07/23/09 J T Leslie .20 Telephone conference with Hugh Howser regarding Forefront

documents.

07/23/09 N M Starbuck 2.40 Prepared documents for production to FBI and SEC.

07/24/09 C N Adams 1.00 Telephone conference with Matt Klecka regarding Antiguan

extradition hearing; reviewing materials regarding same;

reviewing SEC request regarding production of documents.

07/24/09 J A Cialone, II 1.50 Attention to DOJ request for affidavit related to certain

documents.

07/24/09 J C Huddleston 4.30 Attention to chain of custody of specified Tupelo/Baldwyn

documents.

07/24/09 M C Hurd 1.90 Corresponded with Rhonda Davis and Craig Adams regarding

procedures for handling client document requests; reviewed

proposed exhibits to Receiver's draft affidavit for location and

source; coordinated verification and corresponded with Adams

and John Greer regarding same; corresponded with Steve

Lindstrom and Adams regarding SEC warehouse document

review; corresponded with Adams and Chad Nunez regarding

FBI requests.

07/24/09 J T Leslie .10 Telephone conference with Forefront regarding Iron Mountain

documents.

07/24/09 N M Starbuck 7.30 Review and comparison of production records for

electronically stored information to confirm agreement with







170

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 104 of 377

Page 103









Hours Description

FTI database; Maintained Receivership file and records.

07/25/09 C N Adams 1.10 Reviewing DOJ affidavit; telephone conference with Chad

Nunez and Marisa Hurd regarding same.

07/25/09 M C Hurd 2.90 Corresponded with Kristie Blumenschein, Joe Cialone, and

Craig Adams REDACTED

; phone call and

corresponded with Adams and Chad Nunez regarding same and

FBI requests; reviewed production log for FBI request;

corresponded with Simon Strong regarding FBI request;

corresponded with Jim Scarazzo regarding electronic

production issue; corresponded with Gail Foster regarding FBI

request.

07/26/09 M C Hurd .30 Corresponded with Jim Scarazzo regarding electronic

production issue; corresponded with Craig Adams regarding

status of RAS and Stoelker's personal belongings.

07/27/09 J G Foster .30 Reviewed email regarding DOJ request for Ft. Lauderdale

shredded material and conferred with M. Hurd regarding

handling same.

07/27/09 J C Huddleston 5.00 Reviewed client file documents at the direction of Marisa Hurd

pursuant to SEC production request.

07/27/09 M C Hurd 3.70 Corresponded with Chad Nunez regarding electronic

production issue, prior FBI electronic production, and FBI

request; coordinated and corresponded with Steve Lindstrom

regarding SEC warehouse document review; drafted and

revised production letter to FBI; corresponded with Simon

Strong regarding and coordinated preparation of items for FBI

production; phone call with Clayton Gerber regarding Receiver

actions with regard to certain real estate and vehicles;

corresponded with Lindstrom and Rhonda Davis regarding FBI

request.

07/27/09 M G Myers 1.60 Attention to matters relating to the production of documents to

the Securities and Exchange Commission and other regulatory

agencies.

07/27/09 N M Starbuck 7.30 Reviewed Financial Advisor materials to comply with FBI's

request for SIBL customer accounts; at the request of M. Myers

produced STC IRA Report to SEC.

07/28/09 J A Cialone, II .80 Attention to DOJ email request and developed response.

07/28/09 J C Huddleston 7.70 Reviewed client file documents at the direction of Marisa Hurd

pursuant to SEC production request.

07/28/09 M C Hurd 1.70 Reviewed production logs for SEC electronic request and

corresponded with Craig Adams and Jim Scarazzo regarding







171

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 105 of 377

Page 104









Hours Description

same; corresponded with Adams regarding question on prior

FBI productions; phone call with paralegals and Rhonda David

regarding records requested for FBI request; sent Davis client

list spreadsheet regarding same.

07/28/09 N M Starbuck 7.50 Prepared STFG customer's BGC Partners, Inc allocated shares

information for production to FINRA; Reviewed broker-dealer

files to comply with FBI request; Assisted in SEC warehouse

document review.

07/29/09 C N Adams .40 Telephone conference with Ralph Janvey regarding document

production and privilege issues.

07/29/09 J A Cialone, II .60 Conference call with Receiver and others about DOJ request

for certain Miami information.

07/29/09 J C Huddleston 7.70 Reviewed client file documents at the direction of Marisa Hurd

pursuant to SEC production request.

07/29/09 M C Hurd 2.10 Corresponded with Clayton Gerber regarding updates on

Receiver action with regard to certain real estate and vehicles;

phone call and corresponded with Charlie Gale regarding

Receiver action with regard to certain vehicles; corresponded

with Dave Schulte regarding FBI interview; corresponded with

Jim Scarazzo regarding electronic production issue and

coordination of electronic materials for SEC production.

07/29/09 J T Leslie .20 Coordination regarding Iron Mountain documents;

coordination for document warehouse.

07/29/09 N M Starbuck 7.30 Reviewed broker-dealer files to comply with FBI request;

assisted in SEC warehouse document review.

07/30/09 C N Adams .60 Attention to SEC request for compliance data and email; emails

with Malcolm Lovett and Marisa Hurd regarding same.

07/30/09 J A Cialone, II .50 Attention to SEC's lengthy list of email files requested and cost

for responding to same.

07/30/09 J C Huddleston 7.70 Reviewed client file documents at the direction of Marisa Hurd

pursuant to SEC production request.

07/30/09 M C Hurd 9.70 Coordinated review of and reviewed broker files at warehouse

for FBI request; corresponded with Alison Sulentic regarding

DOL production issue; corresponded with Craig Adams and

David Fraser regarding SEC requests, including for electronic

data; drafted and revised production letters to SEC.

07/30/09 N M Starbuck 7.30 Reviewed broker-dealer files to comply with FBI request;

assisted in SEC warehouse document review.

07/31/09 J C Huddleston 7.70 Assembled and prepared documents for production to the SEC;

reviewed client file documents at the direction of Marisa Hurd







172

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 106 of 377

Page 105









Hours Description

pursuant to SEC production request.

07/31/09 M C Hurd 2.70 Coordinated preparation and production of documents and

information for SEC production; reviewed correspondence

from Charlie Gale regarding DOJ request for information on

Stanford vehicle; coordinated preparation of documents and

information for FBI production; corresponded with Craig

Adams and David Fraser regarding SEC warehouse document

review.

07/31/09 J T Leslie .10 Coordinate Iron Mountain documents.

07/31/09 N M Starbuck 7.70 Produced to the SEC documents pulled by A. Conders from

custodian Bernie Young's boxes; Traveled to Stanford

Receivership warehouse and reviewed Financial Advisor

materials to comply with FBI's request for SIBL customer

account information.

08/03/09 J A Cialone, II .80 Prepared for call with DOJ.

08/03/09 M C Hurd 8.90 Coordinated review of and reviewed broker files at warehouse

for FBI request; corresponded with Alison Sulentic regarding

DOL production; coordinated preparation and production of

information for SEC production; drafted and revised

production letters to SEC; conference call with Mike Myers

regarding FINRA request; office conferences with David

Fraser regarding SEC warehouse document review.

08/03/09 K L Karp 7.70 Reviewed broker-dealer files to comply with FBI request;

assisted in SEC document review at Receivership warehouse.

08/03/09 N M Starbuck 7.30 Reviewed broker-dealer files to comply with FBI request;

assisted in SEC document review at Receivership warehouse.

08/04/09 C N Adams .80 Telephone conference with Marisa Hurd regarding FBI and

SEC document production requests; telephone conference with

Chad Nunez REDACTED

08/04/09 J A Cialone, II .80 Conference call with TK about FBI interview.

08/04/09 J A Cialone, II .30 Reviewed agenda draft for DOJ meeting.

08/04/09 M C Hurd 8.20 Coordinated review of and reviewed broker files at warehouse

for FBI request; coordinated preparation and production of

documents and information for DOL production; corresponded

with Alison Sulentic regarding same; drafted and revised

production letters to DOL; office conferences with David

Fraser regarding SEC warehouse document review; phone call

with Craig Adams and Chad Nunez regarding FBI requests and

interview with Dave Schulte; corresponded with Adams and

Malcolm Lovett regarding FBI request; phone call and

corresponded with Adams regarding SEC warehouse document







173

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 107 of 377

Page 106









Hours Description

review procedure and materials withheld from RAS and

Stoelker St. Croix boxes; coordinated preparation of documents

and information for supplement to FBI production.

08/04/09 K L Karp 7.30 Reviewed broker-dealer files to comply with FBI request;

assisted in SEC document review at Receivership warehouse.

08/04/09 N M Starbuck 7.80 Prepared information for production to FINRA; reviewed

broker-dealer files to comply with FBI request; assisted in SEC

document review at Receivership warehouse.

08/05/09 C N Adams .70 Telephone conference with Dave Schulte, Richard Roper and

Joe Cialone REDACTED ; reviewing

information regarding same.

08/05/09 J A Cialone, II 1.40 Prepared for and participated in extended conference call with

DOJ lawyers about meeting on August 19 and related matters.

08/05/09 M C Hurd 8.60 Coordinated review of and reviewed broker files at warehouse

for FBI request; corresponded with David Fraser regarding

SEC warehouse document review; conference call with Joe

Cialone, Craig Adams, Dave Schulte, and Richard Roper

regarding FBI/DOJ interview issues; corresponded with Chad

Nunez regarding FBI request; corresponded with Malcolm

Lovett regarding FBI request; revised and formatted

spreadsheet for FBI request; reviewed receipts and

documentation regarding materials withheld from RAS and

Stoelker St. Croix boxes; drafted letter to Stoelker's counsel

regarding same; corresponded with Simon Strong regarding

FBI request; drafted and revised production letter to FBI;

coordinated production of items for FBI production;

coordinated preparation of documents and information for

supplement to FBI production.

08/05/09 K L Karp 7.40 Reviewed broker-dealer files to comply with FBI request;

assisted in SEC document review at Receivership warehouse.

08/05/09 N M Starbuck 6.70 Reviewed broker-dealer files to comply with FBI request;

assisted in SEC document review at Receivership warehouse.

08/06/09 C N Adams .50 Reviewing production request and related materials from Fort

Lauderdale office.

08/06/09 J C Huddleston 1.20 Attention to preparation and assembly of documents in

connection with SEC warehouse production request.

08/06/09 M C Hurd 6.90 Coordinated review of and reviewed broker files at warehouse

for FBI request; coordinated preparation of documents and

information for supplement to FBI production; corresponded

with Malcolm Lovett and Charlene McDougal regarding FBI

request; reviewed correspondence from Craig Adams regarding









174

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 108 of 377

Page 107









Hours Description

additional missing or withheld items from RAS and Stoelker's

St. Croix boxes; revised and formatted spreadsheet for FBI

request; phone call with Jeff Ferguson regarding SIBL

document issues.

08/06/09 K L Karp 7.80 Reviewed broker-dealer files to comply with FBI request;

assisted in SEC document review at Receivership warehouse.

08/06/09 N M Starbuck 7.50 Reviewed broker-dealer files to comply with FBI request; at

the request of M. Myers prepared documents for production to

Louisiana Department of Justice.

08/07/09 C N Adams .60 Attention to SEC request for emails; correspondence with Jim

Scarazzo regarding same.

08/07/09 J C Huddleston .80 Attention to assembly of documents for production to the FBI.

08/07/09 M C Hurd 8.50 Coordinated review of and reviewed broker files at warehouse

for FBI request; reviewed materials from produced and

unproduced broker fields for request for SIBL documents from

Jeff Ferguson; corresponded with Ferguson regarding update of

same; coordinated preparation of documents and information

for supplement to FBI production; corresponded with Craig

Adams and Steve Lindstrom regarding additional missing or

withheld items from RAS and Stoelker's St. Croix boxes;

corresponded with Adams regarding additional warehouse

document request; revised and formatted spreadsheet for FBI

request; coordinated preparation of documents and information

for SEC production; drafted and revised production letters to

SEC and FBI.

08/07/09 K L Karp 7.50 Reviewed broker-dealer files to comply with FBI request;

assisted in SEC document review at Receivership warehouse.

08/07/09 N M Starbuck 7.30 Reviewed broker-dealer files to comply with FBI request;

quality-checked production of broker-dealer files and

documents requested by D. Fraser of the SEC.

08/10/09 C N Adams .70 Attention to production of data from Fort Lauderdale office;

preparing same.

08/10/09 J C Huddleston 4.00 Attention to assembly of materials for production to the State

of Mississippi and general assistance to Mike Myers in relation

to same; quality-checked materials reproduced by vendor in

connection to SEC warehouse review; produced corrected

copies as indicated; Assembled and prepared documents for

production to the FBI in connection with production request;

quality-checked documents for production to the FBI for

production request.

08/10/09 M C Hurd 8.00 Coordinated preparation of documents and information for









175

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 109 of 377

Page 108









Hours Description

supplement to FBI production; revised and formatted

spreadsheet for FBI request; coordinated preparation and

production of documents for supplement to FBI production;

coordinated preparation and production of documents and

information for SEC production; drafted and revised

production letters to SEC and FBI; corresponded with Chad

Nunez regarding production issues; reviewed correspondence

from Craig Adams regarding FBI request and interview of

Simon Strong.

08/10/09 N M Starbuck 4.00 Produced to the SEC documents pulled by David Fraser from

Receivership warehouse boxes; inventoried and prepared

broker affiliations and broker files for designated clients for

production to the FBI; prepared Mississippi Pershing Accounts

for production to the State of Mississippi.

08/11/09 C N Adams .70 Reviewing Fort Lauderdale information; telephone conference

with Chad Nunez regarding same.

08/11/09 J C Huddleston 6.70 Updated and managed SEC production-related files with

inclusion of production materials; quality checked St. Croix

box contents to prepared inventory; revised inventory as

appropriate.

08/11/09 M C Hurd 7.40 Coordinated preparation and production of documents and

information for supplement to FBI production; drafted and

revised production letter to FBI; coordinated inventory process

of items withheld from RAS and Stoelker St. Croix shipment;

corresponded with Chad Nunez regarding production issues;

reviewed correspondence from Craig Adams and Jim Scarazzo

regarding FBI request; reviewed and compared electronic

production file against FTI electronic evidence spreadsheet;

revised and edited such spreadsheet.

08/11/09 N M Starbuck 4.30 Produced to the FBI broker affiliations and broker files for

SFG clients and client files pulled by M. Barnhart from

Stanford database.

08/12/09 C N Adams .50 Attention to Fort Lauderdale production; telephone conference

with Jim Scarazzo regarding same.

08/12/09 J C Huddleston 7.50 Attention to RAS and AMS St. Croix inventory with focus on

retention of copies of specified documents; quality checked

same; revised inventories as appropriate.

08/12/09 M C Hurd 9.50 Coordinated inventory process of items withheld from RAS

and Stoelker St. Croix shipment; reviewed items from St. Croix

boxes to be released/copied/kept; reviewed and compared

electronic production file against FTI electronic evidence

spreadsheet; revised and edited such spreadsheet; revised and









176

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 110 of 377

Page 109









Hours Description

updated logs for FBI production.

08/12/09 N M Starbuck 2.40 Produced to the FBI Contact Information for employees at the

Ft. Lauderdale office; prepared documents for production to

US State Agencies.

08/13/09 C N Adams .90 Telephone conference with Chad Nunez regarding document

production issues.

08/13/09 J G Foster .40 Reviewed FTI production spreadsheet and comments regarding

same;

08/13/09 J C Huddleston 5.30 Attention to retention of specified documents from the St.

Croix belongings of RAS and AMS at the direction of Marisa

Hurd.

08/13/09 M C Hurd 7.00 Coordinated inventory process of items withheld from RAS

and Stoelker St. Croix shipment; reviewed items from St. Croix

boxes to be released/copied/kept; reviewed and compared

electronic production file against FTI electronic evidence

spreadsheet; revised and edited such spreadsheet; sent

spreadsheet to Jim Scarazzo and Gail Foster for their review;

coordinated reproduction of electronic information from FBI

production; corresponded and office conference with Chad

Nunez and Vanessa Walther regarding same and FBI requests;

revised and updated list of outstanding government requests;

corresponded with Craig Adams regarding FBI requests;

drafted and revised production letter to FBI.

08/13/09 N M Starbuck 2.10 Produced to C. Nunez, FBI, additional copy of cd containing

email from the Ft. Lauderdale office; assisted in the review of

FTI's Production Records of Electronically Stored Information;

determined status of production for Ft. Lauderdale shredded

materials.

08/14/09 C N Adams 1.30 Telephone conference with Marshall Gandy regarding FINRA

review of emails; reviewing congressional hearing request;

reviewing production logs; comparing to FINRA request.

08/14/09 J A Cialone, II 1.80 Calls and emails about SEC request for defaulted account

information over weekend; attention to FTI subpoena; calls and

emails about DOJ requests for documents related to Florida

case.

08/14/09 J G Foster .40 Conferred with M. Hurd regarding SEC data and document

requests.

08/14/09 J G Foster .20 Conferred with R. Davis regarding Suarez document location

issues.

08/14/09 J C Huddleston 5.00 Attention to RAS and AMS St. Croix inventory with focus on

retention of copies of specified documents; quality checked







177

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 111 of 377

Page 110









Hours Description

same.

08/14/09 M C Hurd 7.90 Coordinated inventory process of items withheld from RAS

and Stoelker St. Croix shipment; reviewed items from St. Croix

boxes to be released/copied/kept; sent Craig Adams update on

same and requested views on certain items; corresponded with

Adams regarding and drafted list of custodian emails produced

to FBI and SEC; office conference with Gail Foster regarding

same; phone call with Jim Scarazzo and left message for Erik

Post regarding same; phone call with Scarazzo regarding edited

spreadsheet of electronic evidence; corresponded with Adams

regarding REDACTED .

08/17/09 J G Foster .20 Reviewed and replied to email from Rhonda Davis regarding

Y. Suarez document location.

08/17/09 M C Hurd 2.10 Reviewed markup of and answered questions related to RAS

and Stoelker St. Croix shipment inventory from Craig Adams;

corresponded with Adams regarding same; corresponded with

Adams, John Greer, Mike Myers, and Tom Leslie regarding

file and document retrieval issues; coordinated provision of key

documents from St. Croix shipment to FTI, real estate, and

banking teams for review.

08/17/09 N M Starbuck 2.90 Prepared SIBL Reference and Policies and Procedures manuals

and SIB Due Diligence PPT for production to State of Florida.

08/18/09 C N Adams 1.70 Telephone conference with Michael King regarding conference

call with DOJ; reviewing production issues relating to IRS

request; REDACTED .

08/18/09 J A Cialone, II .60 Reviewed emails and materials related to Florida shredding

case.

08/18/09 M C Hurd 1.90 Corresponded with Craig Adams and Sue Ayers regarding

upcoming production to DOJ Tax Division; reviewed prior

productions and requests to update Adams and Ayers on same;

provided documents produced in DOJ production to Ayers for

comparison to documents responsive to current request.

08/18/09 J B Nelsen .30 Correspondence to Sue Ayers regarding document production

to the Department of Justice; conference with Richard Husseini

regarding the same.

08/19/09 C N Adams .80 Attention to extradition request and related issues.

08/19/09 M C Hurd .30 Corresponded with Craig Adams regarding SEC electronic data

request.

08/20/09 C N Adams .30 Attention to SEC e-data request.

08/20/09 M C Hurd 2.40 Compiled list of Stanford employee email produced to









178

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 112 of 377

Page 111









Hours Description

government entities for David Arlington and Craig Adams;

phone call with Arlington and Adams regarding document and

electronic data request for defendant brokers; reviewed

appendix to amended complaint naming relief defendants and

prepared list for use in warehouse document request.

08/21/09 C N Adams .30 Attention to SEC request for broker files.

08/21/09 J G Foster .40 Attention to issues regarding handling of Forefront documents

and files.

08/21/09 M C Hurd 7.80 Compiled list of Stanford employee hard drives produced to

government entities for David Arlington and Craig Adams;

reviewed list of relief defendants REDACTED

; coordinated

preparation of spreadsheet including all electronic data

produced to relief defendants, comparing against production

log; phone call with Adams regarding release of personal items

from RAS and Stoelker St. Croix shipment; coordinated and

prepared such release; reviewed production letter to DOJ;

reviewed and coordinated preparation and production of

documents and information for DOJ production; corresponded

with Adams and Sue Ayers regarding same; corresponded with

Adams and Lindstrom regarding SEC warehouse document

request; reviewed Adams' edits and revised draft letter to

Stoelker's attorney regarding withheld jewelry items;

corresponded with Adams regarding FSRC documents;

coordinated review of Holt's RFPs and comparison against

production log.

08/21/09 K L Karp 2.00 Prepared documents relied on for REDACTED

for production to Nancy Grammel of the IRS.

08/21/09 N M Starbuck 2.00 Prepared documents relied on for REDACTED

for production to Nancy Grammel of the IRS.

08/22/09 C N Adams .30 Reviewing Leroy King document for production to the FBI.

08/22/09 M C Hurd .30 Reviewed correspondence from Bill Stutts and Bob Howell

regarding FSRC documents; corresponded with Craig Adams

regarding production of same.

08/24/09 C N Adams .40 Attention to governmental requests for document production.

08/24/09 J G Foster .30 Reviewed updated information regarding Forefront document

status.

08/24/09 M C Hurd 1.90 Corresponded with Craig Adams, Malcolm Lovett, and Char

McDougal regarding FBI request; phone call with McDougal

and corresponded with Adams and Clayton Gerber regarding

same; coordinated preparation and production of documents









179

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 113 of 377

Page 112









Hours Description

and information for supplement to FBI production; drafted and

revised production letter to FBI; corresponded with David

Fraser regarding SEC warehouse document review;

corresponded with Adams regarding release of RAS and

Stoelker personal DVDs from Sea Eagle shipment.

08/24/09 K L Karp 1.80 Produced FSRC documents from St. Croix to FBI; reviewed

production file for documents produced to Canadian

authorities.

08/24/09 J T Leslie .80 Coordination of retention of Forefront documents.

08/24/09 N M Starbuck 3.50 Produced FSRC documents from St. Croix to FBI; at the

request of M. Myers reviewed production file for documents

produced to Canadian Authorities.

08/25/09 C N Adams .20 Attention to SEC document production request.

08/25/09 M C Hurd .90 Phone call with Clayton Gerber regarding FBI request; phone

call and corresponded with Steve Lindstrom and Rhonda Davis

REDACTED

; corresponded with

Craig Adams regarding status of SEC warehouse document

review; corresponded with David Arlington and Lynne Dodge

regarding status of warehouse document request.

08/25/09 N M Starbuck 7.30 Assisted in SEC document review at Receivership warehouse;

reviewed Receivership Database to comply with L. Pendergest-

Holt's attorney production request.

08/26/09 J A Cialone, II .80 Calls and emails with Washington partners about further

government inquirers and communications.

08/26/09 K L Karp 6.00 Assisted in SEC document review at Receivership warehouse;

prepared documents flagged by D. Fraser for production to the

SEC.

08/26/09 N M Starbuck 6.10 Assisted in SEC document review at Receivership warehouse;

prepared documents flagged by D. Fraser for production to the

SEC.

08/27/09 C N Adams .20 Reviewing Mauricio Alvarado file inventory for production.

08/27/09 M C Hurd 3.30 Drafted and revised production letters to FBI; coordinated

preparation and production of information for FBI production;

phone call and corresponded with Steve Lindstrom and Rhonda

Davis, and corresponded with David Arlington REDACTED

;

corresponded with Andrew York regarding same; corresponded

with Craig Adams regarding status of FBI production; revised

and updated spreadsheet including all electronic data produced









180

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 114 of 377

Page 113









Hours Description

to relief defendants, comparing against production log.

08/27/09 K L Karp 6.20 Assisted in SEC document review at Receivership warehouse;

prepared materials flagged by D. Fraser for production to the

SEC.

08/27/09 N M Starbuck 5.90 Assisted in SEC document review at Receivership warehouse;

prepared materials flagged by D. Fraser for production to the

SEC.

08/28/09 C N Adams .40 Attention to SEC production request.

08/28/09 J A Cialone, II 3.20 Reviewed and considered responses to the subpoena in the

Florida case; emails with DOJ concerning subpoena; calls and

emails concerning appropriate response to government for

electronic data and other assistance, and attempt to coordinate

same in cost-effective manner.

08/28/09 M C Hurd .30 Reviewed correspondence regarding FBI productions related to

Fort Lauderdale shredding incident.

08/28/09 K L Karp 4.10 Assisted in SEC document review at Receivership warehouse;

prepared materials flagged by D. Fraser for production to the

SEC.

08/28/09 N M Starbuck 7.30 Assisted in SEC document review at Receivership warehouse;

prepared materials flagged by D. Fraser for production to the

SEC.

08/30/09 J A Cialone, II 2.40 Emails about Florida subpoena and upcoming trial and

appropriate responses to government for assistance;

consolidated file materials in preparation for call with DOJ

concerning Florida and Davis.

08/31/09 C N Adams .30 Attention to Fort Lauderdale production.

08/31/09 M C Hurd 1.80 Coordinated preparation of electronic data and documents for

supplement 1 to SEC production 37; drafted and revised

production letters to SEC; reviewed production log for

requested document for FBI request; corresponded with Craig

Adams regarding status of production of same to FBI.

08/31/09 K L Karp 1.00 Emailed Nadia Starbuck bates labeled production flagged by D.

Fraser for production to the SEC.

08/31/09 N M Starbuck 7.30 Quality-checked and prepared documents flagged by D. Fraser

for production to the SEC; prepared Ft. Lauderdale materials

for production to the FBI; reviewed correspondence for

litigation notices REDACTED

.

Matter Total 905.00









181

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 115 of 377

Page 114









079716.0108 Disclosure and Communications

Hours Description

06/02/09 S A Massad 1.50 Reviewed and commented on website disclosures; various

telephone conferences and e-mail correspondence.

06/02/09 J E Thomas .50 Updates to Receivership website

06/03/09 S A Massad 1.50 Revised SIPC disclosure; prepared disclosure REDACTED

; other e-mail correspondence regarding

media questions.

06/03/09 E A Soderlund .30 Review and comment on update to web site.

06/04/09 S A Massad 1.30 Finalized disclosure regarding REDACTED

; attention to other website updates; various e-mail

correspondence.

06/04/09 J E Thomas .50 Updates to Receivership website

06/05/09 S A Massad 1.30 Reviewed and commented on website disclosure regarding

Stanford Trust accounts.

06/05/09 J E Thomas 1.00 Updates to Receivership website

06/06/09 J A Cialone, II .80 Attention to disclosure and media issues.

06/06/09 J E Thomas .50 Updates to Receivership website

06/08/09 S A Massad .50 Attention to various website and communications issues.

06/09/09 S A Massad .50 Various e-mail correspondence regarding disclosure issues.

06/10/09 S A Massad 2.30 Prepared disclosure regarding real estate motions and Swiss

building sale; received comments and revised disclosure;

various telephone conferences and e-mail correspondence

regarding same.

06/10/09 E A Soderlund .30 Review and comment on updates to Receiver's web site (0.3).

06/11/09 S A Massad 1.50 Various telephone conferences and e-mail correspondence

regarding disclosure REDACTED

; revised same; attention to responses to other website

issues and changes.

06/12/09 S A Massad .30 E-mail correspondence regarding Swiss disclosure; revised

same.

06/15/09 S A Massad .70 Made revisions to website homepage.

06/17/09 J A Cialone, II 1.10 Reviewed draft press statement; calls and emails about press

issues.

06/17/09 S A Massad .80 Made revisions to website homepage; various telephone

conferences and e-mail correspondence regarding same.









182

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 116 of 377

Page 115









Hours Description

06/18/09 J A Cialone, II .80 Attention to media and other disclosure issues.

06/19/09 J A Cialone, II .60 Reviewed media reports and emails relating to criminal case

and considered responses and implications.

06/22/09 S A Massad 3.00 Revisions to website materials; various telephone conferences

and e-mail correspondence regarding account release data for

website.

06/23/09 S A Massad .80 Attention to website disclosures; various e-mail

correspondence.

06/24/09 S A Massad 1.70 Various telephone conferences and e-mail correspondence;

attention to disclosure issues.

06/25/09 S A Massad 1.30 Attention to various website issues; various e-mail

correspondence.

06/26/09 S A Massad 1.00 Attention to new website postings; various telephone

conferences and e-mail correspondence.

06/29/09 S A Massad 1.80 Drafted website disclosure regarding Court order and account

status report.

06/30/09 S A Massad 1.30 Finalized website materials and arrange for posting.

06/30/09 J E Thomas 1.00 Updates to Receivership website

07/01/09 S A Massad 1.50 Attended to website postings regarding new developments;

various telephone conferences and e-mail correspondence

regarding same.

07/01/09 J E Thomas 1.00 Updates to Receivership website

07/02/09 J A Cialone, II .60 Attention to press issues.

07/02/09 S A Massad 3.50 Attention to website postings; numerous e-mail correspondence

and telephone conversations, etc.

07/03/09 S A Massad .70 Attention to website posting regarding UK order; various e-

mail correspondence.

07/03/09 J E Thomas 1.00 Updates to Stanford Receivership website

07/06/09 S A Massad .50 Various e-mail correspondence regarding pending issues.

07/08/09 S A Massad 1.00 Attended to miscellaneous website and other issues.

07/09/09 S A Massad .50 Miscellaneous e-mail correspondence and telephone

conversations.

07/10/09 S A Massad .80 Posted new report regarding accounts; various telephone

conferences and e-mail correspondence regarding same.

07/13/09 J A Cialone, II .40 Attention to press issues and meeting about same.









183

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 117 of 377

Page 116









Hours Description

07/13/09 W F Stutts, Jr. 1.90 Telephone conference with Mr. Cialone, Mr. Howell, Ms. Sims

and Mr. Steffy and preparation related to the same.

07/13/09 J E Thomas 1.00 Updates to Spanish Receivership page

07/14/09 N M Starbuck 1.40 Met with N. Sims of Pierpont Communications and A. Shapiro

of Fox Business News re: tour and news segment of SFG

Houston office.

07/15/09 J E Thomas 1.00 Updates to Receivership website

07/16/09 J E Thomas 1.00 Updates To Spanish page of Receivership website

07/17/09 C N Adams .80 Telephone conference with media advisors regarding private

equity investment valuation.

07/20/09 J E Thomas 1.00 Updates to Spanish page on Receivership website

07/24/09 J A Cialone, II 1.00 Attention to disclosure issues.

07/27/09 J A Cialone, II .80 Attention to draft press statement in connection with filing.

07/27/09 S A Massad .50 Attention to e-mail correspondence regarding press statement,

etc.

07/28/09 S A Massad 3.70 Drafted and revised press statement REDACTED ;

various telephone conferences and e-mail correspondence.

07/29/09 J A Cialone, II .50 Attention to disclosure issues.

07/29/09 S A Massad 2.50 Finalized description of clawback filings and post on website;

various telephone conferences and e-mail correspondence.

07/29/09 J E Thomas 1.00 Updates to Receivership website

07/30/09 J E Thomas .50 Updates to Spanish Receivership webpage

07/31/09 J A Cialone, II .60 Attention to media inquiries and other disclosure matters.

07/31/09 S A Massad .50 Various e-mail correspondence regarding website posting and

statement regarding hearing.

07/31/09 J E Thomas 1.00 Updates to Spanish Receivership webpage

08/01/09 S A Massad .70 Various telephone conferences and e-mail correspondence

regarding website posting and statement regarding hearing.

08/03/09 S A Massad 1.00 Attended to miscellaneous website and communications issues;

various e-mail correspondence.

08/04/09 S A Massad .80 Various e-mail correspondence regarding website and

communications issues.

08/05/09 S A Massad 1.00 Attention to website postings, etc.; various e-mail

correspondence.









184

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 118 of 377

Page 117









Hours Description

08/05/09 J E Thomas 1.00 Updates to Stanford Receivership website

08/06/09 S A Massad 1.50 Attended to website postings; various e-mail correspondence;

telephone conference with Victims Coalition; attended to

political campaign contributions.

08/07/09 S A Massad 1.70 New website postings; various e-mail correspondence.

08/07/09 J E Thomas .50 Update to Receivership website

08/10/09 S A Massad 1.00 Various telephone conferences and e-mail correspondence

regarding disclosure issues; posted new material.

08/10/09 J E Thomas 1.00 Updates to Receivership website

08/11/09 S A Massad 1.00 Various telephone conferences and e-mail correspondence;

attention to website questions.

08/11/09 J E Thomas .50 Update to Receivership website

08/12/09 J E Thomas .50 Update to Spanish version of Receivership website

08/13/09 C N Adams .80 Reviewing and responding to emails regarding response to

reporter inquiry.

08/13/09 S A Massad 1.50 Attended to miscellaneous website and communications issues;

reviewed and commented on Janvey testimony to Senate

hearing; various telephone conferences and e-mail

correspondence.

08/14/09 S A Massad 1.30 Attended to various communications issues; various telephone

conferences and e-mail correspondence.

08/17/09 S A Massad 1.00 Prepared description of SIPC letter for website; various

telephone conferences and e-mail correspondence regarding

Senate hearing and communications issues; attention to press

inquiries.

08/17/09 J E Thomas 1.50 Updates to Receivership website

08/18/09 S A Massad 1.50 Conference call regarding various communications issues;

attention to SIPC posting; various telephone conferences and e-

mail correspondence.

08/19/09 S A Massad 1.20 Various telephone conferences and e-mail correspondence, etc.

08/20/09 S A Massad 1.30 Drafted section for report; conference call regarding status of

various matters; attention to communication issues.

08/20/09 J E Thomas 1.00 Added content to Spanish version of Receivership website

08/21/09 S A Massad .50 Various telephone conferences and e-mail correspondence

regarding communications issues; prepared draft section for

report.









185

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 119 of 377

Page 118









Hours Description

08/24/09 S A Massad .50 Various telephone conferences and e-mail correspondence.

08/25/09 S A Massad .70 Various telephone conferences and e-mail correspondence

regarding media issues, etc.

08/26/09 S A Massad 1.00 Conference call regarding communications matter; reviewed

materials.

08/26/09 J E Thomas .50 Update to Spanish version of Receivership website

08/27/09 J E Thomas .50 Update to Stanford Receivership website.

08/28/09 J A Cialone, II .60 Attention to media requests for comments, information.

08/31/09 S A Massad .50 Various telephone conferences and e-mail correspondence.

Matter Total 90.80





079716.0109 Insurance Matters

Hours Description

06/02/09 J A Cialone, II .50 Attention to insurance issues.

06/02/09 J M Greer .30 Reviewed and made comments to draft correspondence to

several insurance carriers with regard to cancellation notices

the Receivership Estate received.

06/02/09 C W Rancher 2.20 Reviewed cancellation notices for insurance policies; drafted

letters to insurance companies.

06/03/09 T W Mountz .40 Review of correspondence between customer and insurance

broker; email to K. Sadler and J. Cialone re correspondence.

06/03/09 C W Rancher 1.20 Drafted and revised letters to insurance companies regarding

cancellation of coverage.

06/10/09 T J Walters 3.20 Researching real property insurance matters.

06/19/09 J A Cialone, II .80 Worked on insurance issues and calls related thereto.

06/25/09 C N Adams .60 Telephone conference with Joe Cialone and Tim Mountz

regarding insurance issues.

06/25/09 T W Mountz 2.60 Telephone conference with D. White and B. Banowsky re

insurance matter; review of letter from Akin Gump; legal

research re D&O issues; conferences with J. Cialone, C.

Adams and J. Ross re D&O matters.

06/26/09 T W Mountz 1.70 Legal research re D&O issues; email to J. Cialone re issues;

review of D&O policy.

06/27/09 C N Adams .40 Reviewing issues related to D&O insurance proceeds; emails

regarding same.









186

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 120 of 377

Page 119









Hours Description

06/27/09 J A Cialone, II 2.50 Reviewed policies, materials and correspondence, as well as

legal authorities relating to insurance under the present

circumstances.

06/27/09 T M Davis .70 Read emails regarding insurance proceeds.

06/27/09 T W Mountz .40 Review of emails re D&O policy proceeds; emails to J. Cialone

and T. Davis re insurance issues.

06/28/09 J A Cialone, II .80 Continued work on insurance strategies.

06/30/09 T W Mountz 4.50 Emails to T. Durst re insurance issues and Pendergest-Holt

motion; telephone conference with T. Davis and J. Ross re

legal issues; emails to R. Janvey and J. Cialone re insurance

issues; review of D&O policy and legal research re issues;

conference with M. Suddath re issues.

06/30/09 E A Soderlund .70 Participate in conference call regarding insurance policies and

rights to proceeds thereunder.

07/01/09 J A Cialone, II 1.50 Calls and emails about D&O insurance; reviewed D&O

insurance correspondence and file materials; reviewed

insurance cases.

07/01/09 T W Mountz 4.80 Review of motion and filings by Pendergest-Holt in support of

D&O position; review of various cases re D&O issues;

conferences with J. Cialone and M. Sudderth re insurance

matters; conferences with T. Durst and emails to Baker Botts

lawyers re D&O issues; telephone conference with D. White at

Thompson Knight re D&O matters.

07/02/09 J A Cialone, II 2.20 Prepared for and participated in meeting with lawyers for

criminal defendants concerning their claims for D&O

insurance; related calls and emails with Receiver's team;

reviewed D&O insurance documents and correspondence.

07/02/09 J B Lawrence .70 Research response to Holt's motion regarding D&O insurance.

07/02/09 T W Mountz 1.80 Consideration to insurance issues; conference with J. Lawrence

re Pendergest-Holt motion; email to J. Cialone re potential

resolution of insurance issues; review of various insurance

policies.

07/03/09 J A Cialone, II 1.50 Continued review and analysis of D&O insurance situation,

and numerous calls, meetings, and emails about same; internal

conference call about insurance.

07/03/09 J B Lawrence 5.50 Continue research for response to Holt's D&O insurance

motion.

07/03/09 T W Mountz 1.90 Review of Stanford insurance policy; conference with J.

Cialone and T. Durst re insurance issues; email to J.









187

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 121 of 377

Page 120









Hours Description

Rubenstein and K. Scanlan re supplemental notice letter.

07/05/09 J A Cialone, II .80 Continued analysis of insurance issues.

07/05/09 T W Mountz .40 Conference with J. Lawrence re brief in response to D&O

motion; emails to J. Cialone re insurance issues.

07/06/09 J A Cialone, II .90 Prepared for and participated in extended meeting with counsel

for criminal defendants concerning insurance; related calls and

emails.

07/06/09 J B Lawrence 13.70 Outline and draft response to Holt motion regarding D&O

policy proceeds.

07/06/09 T W Mountz 2.90 Emails to J. Cialone re insurance issues; telephone conference

with R. Roper and B. Banowsky re insurance matters;

participation in conference call with defense counsel re

insurance matters; review of talking points outline re insurance

matters; conference with T. Durst re insurance issues.

07/07/09 J A Cialone, II .60 Continued work on D&O insurance issues.

07/07/09 J B Lawrence 5.20 Edit and revise response to Holt D&O insurance motion.

07/07/09 T W Mountz 3.30 Conference with J. Lawrence and K. Scanlan re claims; review

of Stanford filings on D&O issue; email to D. White re

insurance issue; conferences with J. Cialone and T. Durst re

insurance matters; review of initial draft of response brief.

07/08/09 J A Cialone, II .50 Calls and emails about TK memo analyzing the insurance

issues.

07/08/09 J B Lawrence 4.40 Perform additional research related to response to Holt D&O

insurance motion; research cases filed against entities that will

implicate the D&O Policy; review memorandum drafted by TK

regarding issues relevant to D&O response and research issues

raised by memo.

07/08/09 T W Mountz 2.30 Review of TK memo re D&O proceeds; emails to J. Cialone

and others re insurance issues; review of Stanford filing re

D&O issues in criminal case; conference with T. Durst re D&O

issues; conferences with J. Lawrence re pending claims and

D&O policy.

07/09/09 J A Cialone, II 2.10 Worked on D&O insurance issues; calls and emails throughout

the day regarding same; calls and emails with Roper about

insurance; worked through insurance issues with Mountz and

Durst; related calls throughout the day.

07/09/09 J B Lawrence 2.80 Review cases filed against Receivership Entities to determine

impact on D&O Policy, for response to Holt motion; research

case law for response to Holt D&O motion.









188

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 122 of 377

Page 121









Hours Description

07/09/09 T W Mountz 5.20 Conferences with J. Cialone and T. Durst re insurance issues;

emails to J. Cialone re insurance questions; telephone

conference with R. Roper and Thompson Knight lawyers re

D&O issues.

07/10/09 J A Cialone, II 1.00 Calls and emails with counsel for criminal defendants about

insurance.

07/10/09 J A Cialone, II 1.40 Prepared for and participated in extended conference call about

insurance; attention to Stein issues related to insurance; calls

and emails about insurance.

07/10/09 J B Lawrence 5.90 Continue researching and drafting response to Holt D&O

insurance motion.

07/10/09 T W Mountz 4.10 Telephone conference with B. Chasnoff re call; conference call

with R. Janvey and Thompson Knight re insurance issues;

conference call with Akin Gump re insurance issues;

conferences with J. Cialone and T. Durst re insurance; review

of Maldonado filing; conference with J. Lawrence re response

brief; legal research re bankruptcy D&O cases.

07/11/09 J A Cialone, II 1.10 Calls and emails about insurance including communications

with Akin Gump, counsel to insurers.

07/11/09 J B Lawrence 6.70 Continue researching, drafting, and revising response to Holt

D&O motion.

07/11/09 T W Mountz 4.30 Review of Louisiana cases; email to J. Cialone re Louisiana

cases; conferences with J. Lawrence re response to D&O

motion; review of and revisions to motion.

07/12/09 J A Cialone, II 2.40 Calls and emails related to insurance; reviewed draft insurance

brief.

07/12/09 J B Lawrence 2.70 Continue drafting response to D&O motion.

07/12/09 T W Mountz 5.80 Drafting brief in response to motion for access to D&O

proceeds; conferences with J. Lawrence re brief and legal

research.

07/13/09 J B Lawrence 1.90 Continue drafting response to D&O motion.

07/13/09 T W Mountz 4.90 Email to R. Janvey re call with insurance carriers counsel;

review of draft response from Thompson Knight; conferences

with J. Cialone, T. Durst and J. Lawrence re response; drafting

response brief and proposed order; conference with K. Scanlan

re Louisiana cases.

07/14/09 J A Cialone, II .80 Attention to insurance brief.

07/14/09 T W Mountz 3.90 Conference with T. Durst re D&O brief; conference with J.

Cialone re brief; revisions to draft brief; email to R. Roper re







189

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 123 of 377

Page 122









Hours Description

brief.

07/15/09 J A Cialone, II .80 Attention to insurance issues.

07/15/09 T W Mountz 2.20 Telephone conferences with T. McCormick and B. Banowsky;

conferences with J. Cialone and T. Durst re revisions to brief;

review of and revisions to response brief.

07/16/09 J A Cialone, II 1.80 Attention to insurance brief and related calls.

07/16/09 J B Lawrence 1.00 Edit and revise response to D&O motions; prepare same for

filing.

07/16/09 T W Mountz .80 Emails to R. Janvey and Thompson Knight re D&O response

brief; conferences with J. Lawrence and K. Scanlan re brief.

07/17/09 J A Cialone, II 1.00 Attention to insurance issues; delivered insurance brief to USA.

07/21/09 C N Adams .40 Attention to director and officer indemnification issues.

07/21/09 J A Cialone, II 1.00 Conference call on insurance issues and strategies.

07/21/09 T W Mountz .50 Participation in call with Patton Boggs re insurance issues;

conference with J. Cialone re call; review of emails regarding

insurance issues from J. Tillotson.

07/22/09 J A Cialone, II .40 Calls and emails related to insurance.

07/22/09 T W Mountz .80 Telephone conference with B. Shriner (counsel for J.

Tarentino) re D&O insurance issues; email to J. Cialone and T.

Durst re call; conference with J. Rubenstein re correspondence

regarding excess SIPC policy.

07/23/09 T W Mountz .10 Review of additional motion to intervene in connection with

D&O policy motion.

07/25/09 J A Cialone, II .60 Reviewed insurance materials.

07/26/09 J A Cialone, II .40 Attention to insurance issues.

07/26/09 T W Mountz .20 Review of email from J. Rubenstein re SIPC policy; review of

policy and email to J. Rubenstein re additional research.

07/27/09 J A Cialone, II .80 Attention to insurance correspondence and responses.

07/27/09 T W Mountz .20 Telephone conference with R. Zuckerman re D&O status.

07/28/09 J A Cialone, II .80 Reviewed and considered response to Akin Gump

correspondence about insurance.

07/28/09 T W Mountz .70 Drafting letter in reply to Akin Gump letter; conference with J.

Cialone and telephone conference with D. White re letter;

telephone conference with R. Zuckerman re meeting.

07/29/09 J A Cialone, II .60 Attention to insurance issues and related calls.









190

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 124 of 377

Page 123









Hours Description

07/29/09 T W Mountz .50 Emails to M. Myers re insurance policies; review of order re

D&O policy; conference with J. Fitzwater re D&O policy.

07/30/09 J A Cialone, II 1.00 Reviewed and considered response to brief of Defendant Holt

regarding insurance; calls and emails about insurance.

07/30/09 T W Mountz 3.40 Review of Holt D&O reply brief; conference with J. Lawrence

re reply brief; emails to J. Cialone, K. Sadler, and T. Durst re

reply brief.

07/31/09 J A Cialone, II .60 Worked on insurance issues.

07/31/09 T W Mountz 1.00 Telephone conference with D. White at Thompson Knight re

D&O policies and Holt reply brief; review of insurance

policies.

08/01/09 T W Mountz 1.20 Email to J. Cialone re current D&O issues; email to J.

Rubenstein re notice of circumstances letter.

08/02/09 J A Cialone, II .90 Attention to D&O insurance issues and materials; related

emails.

08/03/09 T W Mountz 1.40 Review of hearing transcript; conference with M. Scott re

insurance issues and letter to D&O carriers; review of Stanford

D&O reply brief; telephone conference with M. Myers re

insurance coverage issues.

08/03/09 K Scanlan .80 Office conference regarding insurance submissions; pull copies

of previously submitted notice letters and support and forward

to Mary Scott.

08/03/09 M L Scott 1.00 Meeting with Tim Mountz about sending facts and

circumstances notice to D&O and professional liability

carriers; emails with Kevin Scanlon about file; reviewing

February notice letter to the D&O carrier; teleconference with

Kevin Scanlon about insurance file; giving instructions to

James Fitzwater about lawsuits filed against Stanford entities

and former employees.

08/04/09 J S Fitzwater .90 Continuing to assist Kevin Scanlan and Mary Scott regarding

submission to D&O professional indemnity insurance carriers.

08/04/09 T W Mountz 1.70 Review of additional brief filed on D&O issues; meeting with

R. Zuckerman and M. Orwig re insurance issues; conference

with J. Cialone and T. Durst re insurance matters; emails to D.

White at Thompson Knight re insurance correspondence;

telephone conference with D. White re correspondence;

conference with M. Scott re correspondence.

08/04/09 K Scanlan 3.20 Office conference with Mary Scott regarding insurance matters

and pull copies of additional materials relating to same;

respond to request for information from Tim Mountz and







191

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 125 of 377

Page 124









Hours Description

provide requested materials; office conference with Mary Scott

concerning various charts that show interventions and related

claims and preparation for meeting and additional needed

materials; pull materials requested by Mary Scott for meeting

and update charts as needed.

08/04/09 M L Scott .50 Reviewing insurance notices; conference with Tim Mountz

about same; giving Ginger Williford instructions about same;

emails with T. Mountz about same.

08/05/09 J S Fitzwater 1.40 Continuing to assist Kevin Scanlan and Mary Scott regarding

submission to D&O insurance and professional indemnity

carriers.

08/05/09 K Scanlan 5.20 Continue to pull materials for Mary Scott; copy pleadings in

cases where intervention or complaint raises claim against

broker or Stanford entity regarding claim which may be

covered by policies; update charts with information specifically

requested; prepare for and attend meeting to go over pending

motions, interventions and separate suits; work with Mary

Scott on compiling data for D&O insurance submission.

08/05/09 M L Scott 4.80 Working on insurance notice letter; reviewing complaints,

petitions, and miscellaneous claims for same; meeting with

Kevin Scanlan about same; conferences with K. Scanlan about

same.

08/06/09 J S Fitzwater .90 Continuing to assist Kevin Scanlan and Mary Scott regarding

submission to D&O insurance carrier.

08/06/09 T W Mountz .40 Telephone conference with R. Zuckerman; email to J. Cialone

and T. Durst re meeting schedule.

08/06/09 K Scanlan 3.50 Continue to pull pleadings from various cases and claims for

Mary Scott review.

08/06/09 M L Scott 3.50 Working on notice of claims letter; emails with Kevin Scanlan

about same; conference with K. Scanlan about same;

conference with John Lawrence about claims and lawsuits;

reviewing spreadsheet and claims from J. Lawrence.

08/07/09 J A Cialone, II .80 Calls and emails about policy analysis and other insurance

issues.

08/07/09 J S Fitzwater 1.10 Continuing to assist Kevin Scanlan and Mary Scott regarding

submission to D&O insurance carrier.

08/07/09 T W Mountz .20 Review of joinders in D&O motion; emails to and from J.

Cialone and T. Durst re meeting.

08/07/09 K Scanlan 4.90 Office conference with Mary Scott concerning D&O

submissions; office conference with Mary Scott on follow-up









192

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 126 of 377

Page 125









Hours Description

direction for specific matters to be highlighted for review;

provide copies of interventions and state and federal cases

REDACTED

; review all

interventions and update chart of claims made by new

intervenors and plaintiffs as needed for review; prepare counsel

list for broker related cases to assist in review; prepare

notebooks for Mary Scott with requested cases and supporting

materials.

08/08/09 J A Cialone, II 1.20 Analyzed insurance policies in

REDACTED

.

08/08/09 T W Mountz 4.10 Review of D&O and indemnity insurance policies; conference

with M. Scott re insurance correspondence; email to J. Cialone

re analysis of policy coverage.

08/08/09 K Scanlan 5.50 Continue to work on insurance submission and invoice review.

08/08/09 M L Scott .30 Conference with Tim Mountz about D&O and Professional

Indemnity policies.

08/09/09 K Scanlan 9.50 Continue to review and highlight invoices for various subjects

and prepare summary.

08/10/09 J A Cialone, II .80 Calls and emails about insurance.

08/10/09 J B Lawrence 7.20 Research law regarding interpretation of certain provisions of

D&O and related insurance policies.

08/10/09 T W Mountz 2.60 Conference with J. Lawrence re legal research on policy issues;

conference with M. Scott re notice of circumstances letter;

review of and revisions to notice of circumstances letter;

telephone conference with R. Zuckerman re insurance meeting;

conference with J. Cialone re insurance issues; email to D.

White re letter to carriers.

08/10/09 K Scanlan 9.50 Numerous office conferences with Mary Scott concerning

insurance submissions; review D&O data and highlight per

Mary Scott direction; prepare notebook of all pleadings relating

to claim against brokers and Stanford entities; provide

highlighted version of data and summary; continue to review

and highlight bills for various issues and prepare summaries;

office conference with James Fitzwater to provide guidance on

invoice review.

08/10/09 M L Scott 4.20 Drafting and revising notice of claims; conference with Tim

Mountz about same.

08/11/09 J A Cialone, II 1.20 Attention to insurance issues including notice letter and policy

interpretation.









193

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 127 of 377

Page 126









Hours Description

08/11/09 J S Fitzwater 1.60 Continuing to assist Kevin Scanlan to identify records related

to various scopes of work in the D&O insurance claims

process.

08/11/09 J B Lawrence 6.10 Continue research on law regarding interpretation of certain

provisions of D&O and related insurance policies.

08/11/09 T W Mountz 1.40 Conferences with M. Scott re insurance letter; conference with

J. Lawrence re insurance coverage issues; review of email from

R. Zuckerman.

08/11/09 K Scanlan 9.50 Prepare spreadsheet of all highlighted descriptions and costs

for both broker related claims and for FBI and SEC document

productions; office conference with Mary Scott concerning

refinement of spreadsheets and reduction to Excel; office

conference with James Fitzwater concerning creating

spreadsheets as summaries of all selected entries by matter

number and by subject; provide Mary Scott with various

pleadings and documents as needed for insurance review and

case analysis regarding coverage issues.

08/11/09 M L Scott 3.00 Conferences with Tim Mountz regarding insurance notice;

teleconference with David White regarding same; revising

insurance notice letter; conferences with James Fitzwater and

Kevin Scanlan regarding insurance notice and submission.

08/12/09 J A Cialone, II 1.80 Reviewed insurance policies and prepared for insurance

meeting.

08/12/09 J S Fitzwater 3.90 Office conference with Kevin Scanlan regarding the adaptation

of categories into XLS spreadsheet form for D&O insurance

submission; assembling revised data for brokerage claims;

continue assembling XLS spreadsheets containing data for

various scopes of work.

08/12/09 J B Lawrence 1.70 Continue research on law regarding interpretation of certain

provisions of D&O and related insurance policies.

08/12/09 T W Mountz 1.60 Review of and revisions to insurance notice letter; conferences

with M. Scott re letter; telephone conference with D. White and

conference with J. Cialone re letter; telephone conferences with

R. Zuckerman and emails re meeting.

08/12/09 K Scanlan 7.50 Total all time and costs for each matter number; create

summaries; office conference with James Fitzwater regarding

redaction and means for consistent marking; brief office

conference with Mary Scott regarding summaries.

08/12/09 M L Scott 5.10 Working on insurance notice letter and finalizing same;

conference with Tim Mountz about same; conference with Tim

Mountz and Joe Cialone about same; emails and conference







194

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 128 of 377

Page 127









Hours Description

with David White about same; emails to insurance carriers and

counsel regarding notice of circumstances letter; conferences

with John Lawrence about same; and reviewing letters from

carriers.

08/13/09 J A Cialone, II 4.10 Prepared for and participated in extended meeting regarding

insurance and related matters; reviewed insurance materials.

08/13/09 T S Durst 2.90 Meeting with opposing counsel regarding insurance issues and

coverage matters; analysis of issues and options regarding

same; conference with Mr. Cialone, Mr. White and Mr. Mountz

regarding same.

08/13/09 T W Mountz 2.40 Meeting with R. Zuckerman and counsel re insurance issues;

conferences with D. White, T. Durst and J. Cialone re meeting.

08/13/09 K Scanlan 1.50 Pull copies of all insurance submissions and add to insurance

file; update charts; revise summaries as needed.

08/14/09 J A Cialone, II .40 Attention to Latin American insurance notices.

08/14/09 M L Scott 3.70 Working on additional notice of claims letter; reviewing claims

regarding same; conference with Tim Mountz about same;

emails with D. White about letter from Thompson & Knight;

reviewing same; working on protocol for allocations to the

different insurance policies.

08/17/09 T W Mountz .30 Telephone conferences with R. Zuckerman and D. White re

insurance issues.

08/17/09 W F Stutts, Jr. .40 Reviewed inquiry from Mr. Fram regarding insurance premium

payment and communicated with Mr. Adams on the topic;

REDACTED

.

08/18/09 J A Cialone, II .80 Attention to insurance issues.

08/18/09 T S Durst .80 Attention to insurance matters; communications with opposing

and co-counsel; analysis of matters regarding criminal

defendants.

08/19/09 J A Cialone, II .90 Calls, meetings and emails about insurance.

08/20/09 J A Cialone, II 3.60 Worked on insurance issues and strategies; related calls and

emails; reviewed insurance file; call with Roper about

insurance; reviewed and discussed discovery requests related to

insurance.

08/20/09 T W Mountz 1.20 Participation in BB call re insurance and other matters;

telephone conference with J. Cialone and R. Roper re insurance

issues.

08/21/09 J A Cialone, II 2.40 Prepared for and participated in an extended conference call







195

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 129 of 377

Page 128









Hours Description

with Akin Gump REDACTED

.

08/21/09 T W Mountz 1.00 Arrangements for call with Akin Gump; conference call with

B. Chasnoff, M. Lane, and J. Cialone re insurance matters;

email to K. Sadler and J. Cialone re Akin Gump call.

08/21/09 M L Scott 1.20 Working on insurance protocol and allocation between

insurance policies.

08/23/09 J A Cialone, II 1.20 Emails to and from team about an interim deal on insurance

REDACTED ;

considered alternative strategies.

08/23/09 T W Mountz .30 Email to J. Cialone and K. Sadler re insurance issues.

08/25/09 J A Cialone, II .80 Reviewed docket entry from Judge Hittner directing Receiver

to make a filing respecting D&O insurance.

08/25/09 J A Cialone, II .80 Reviewed filings by Lopez and Holt related to insurance.

08/25/09 J A Cialone, II .50 Calls and emails related to insurance strategy and attempts to

secure insurance for the estate.

08/25/09 T S Durst .70 Attention to insurance filings and notice from Judge Hittner;

review of matters regarding discovery on same; conference

with team regarding filings and go-forward action plan.

08/25/09 T W Mountz 5.30 Review of filings in Southern District case by Holt and Lopez;

email to R. Janvey and others summarizing filings; review of

correspondence from clerk re request for filing; conferences

with K. Sadler, J. Cialone and T. Durst re insurance issues;

telephone conference with R. Zuckerman re insurance.

08/25/09 M L Scott 4.60 Studying insurance policies and reviewing complaints/petitions

for protocol for submission.

08/26/09 J A Cialone, II .80 Calls to and from Zuchevman about insurance strategy, and

related emails with team; calls and emails with Roper about

responses to Hittner's questions.

08/26/09 T S Durst .30 Attention to issues regarding insurance, including document

production matters and report to Judge Hittner.

08/26/09 T W Mountz 1.80 Telephone conference with R. Zuckerman and emails with J.

Cialone re meeting; drafting letter to J. Tillotson and internal

email re insurance correspondence; review of emails from K.

Sadler, T. Durst and J. Cialone re correspondence; conference

with M. Scott re insurance coverage issues.

08/26/09 M L Scott 5.40 Working on protocol for submission; studying insurance

policies; reviewing complaints/petitions; conference with Tim

Mountz about same.







196

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 130 of 377

Page 129









Hours Description

08/27/09 J A Cialone, II 2.60 Continued work on discovery requests related to insurance;

attention to insurance strategies REDACTED

; related calls and emails.

08/27/09 M L Scott 2.30 Working on insurance issues relating to claims.

08/28/09 T S Durst .50 Attention to issues regarding insurance, matters regarding

defense counsel, and discovery matters with Ms. Holt's

counsel; communications with team regarding related pending

items.

08/31/09 J A Cialone, II 1.70 Prepared for insurance meeting and/or call with Akin Gump

and others.

Matter Total 341.80





079716.0110 Labor and Employment Matters

Hours Description

06/01/09 C N Adams .30 Reviewing letter regarding COLI policies.

06/01/09 M W Brown 7.00 Conference with Mike Myers regarding trust and IRA matters;

attention to Forrest/Francis family trust documents and related

questions regarding appointment documents; telephone

conference with Sophia Lewis regarding same; attention to

questions regarding Dietz trust and prepared email to Hunt

Worth regarding same; attention to questions regarding

distribution of certificates of deposit and related claims held in

IRA accounts; further attention to Forrest/Francis family trusts

and related discussion with Sophia Lewis regarding same.

06/01/09 J R Raborn .50 Responded to requests for information.

06/02/09 C N Adams .50 Revising FAQs regarding employee payments.

06/02/09 M W Brown 4.70 Attention to IRA questions; various conferences with Mike

Myers; telephone conference with Bill Stutts, Jim Raborn and

Mike Myers regarding certificates of deposit held in IRA

accounts; worked on Declaration of Assignment of Claims

regarding to certificates of deposit; attention to Newland trust

questions and prepared email to Sophia Lewis regarding same.

06/02/09 J R Raborn 2.20 Reviewed COLI issues and meeting with Maggie Brown and

Mike Myers on disposition of Stanford Trust Company

accounts; prepared memorandum REDACTED .

06/02/09 A M Sulentic 1.90 Office conference with Jim Raborn regarding update on

Department of Labor audits; telephone conference with Mark

Bodron regarding record-keeping agreement; review of record-

keeping agreement and preparation of email memorandum









197

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 131 of 377

Page 130









Hours Description

regarding same.

06/03/09 C N Adams .40 Attention to employee claims issues; attention to employee

claims FAQs.

06/03/09 M W Brown 7.00 Worked on revisions and further drafting of FAQs regarding

IRA and tax matters; telephone discussions with Mike Myers

(several) regarding same; reviewed and attention to Hughes,

Farquhar and Verner trust documents and related questions.

06/03/09 J R Raborn .80 Addressed responsibility for termination of plans and periodic

reporting and telephone conference with Malcolm Lovett.

06/04/09 C N Adams .40 Attention to employee issues.

06/04/09 M W Brown 7.00 Attention to Cobb, McKenzie, Hughes, Verner, Durham, Dietz

and Mary Elizabeth Puette Francis trust documents and related

appointment questions; telephone conferences with Sophia

Lewis discussing same and pending matters.

06/04/09 J R Raborn .60 Telephone conference with Malcolm Lovett regarding plan and

staffing windows.

06/05/09 M W Brown 5.70 Reviewed and attention to Brugh trust documents and related

questions; discussed same with Sophia Lewis; reviewed and

attention to Page trust documents and related questions, and

discussed same with Sophia Lewis; prepared email to Hunt

Worth regarding comments; telephone conference with John

Dunham regarding FIMC trust questions and attention to same.

06/06/09 J A Cialone, II .60 Attention to employee benefit plans issues; related calls.

06/08/09 M W Brown 2.10 Attention to email from Margaret Dietz Domanski regarding

Dietz trust; telephone conference with Stephen Melcer

regarding transfer of Melcer trust accounts to Oppenheimer;

telephone conferences with Sophia Lewis regarding pending

matters; attention to Cobb trust documents and related

questions; telephone discussions with Sophia Lewis regarding

transfer of trust accounts.

06/08/09 J R Raborn .70 Followed up on COLI proceeds; telephone conference with

Malcolm Lovett and prepared for meeting on Tuesday.

06/09/09 M A Bodron 2.00 Office conference with Jim Raborn

REDACTED



; office conference with Alison Sulentic

concerning same.

06/09/09 M W Brown 4.40 Attention to FIMC trust questions; telephone conference with

John Dunham at FIMC regarding Comerica's appointment as

successor trustee; attention to questions regarding the Klopman

trusts; telephone conference with Sophia Lewis regarding









198

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 132 of 377

Page 131









Hours Description

Klopman trust matter; telephone conference with Edmund

Griggs REDACTED

; telephone conference with John Dunham and reviewed

email from him regarding FIMC trust matter; attention to email

from Edmund Griggs.

06/09/09 J G O'Quinn 1.40 Office conference with Alison Sulentic REDACTED

and gathered information regarding same for

Alison Sulentic to prepare timeline; REDACTED

.

06/09/09 J R Raborn 1.30 Office conference with Malcolm Lovett; reviewed emails from

Pam Ward; telephone conference with Joe Cialone.

06/09/09 A M Sulentic 2.20 Office conference with Mark Bodron REDACTED

; office conference with Jeannene O'Quinn

regarding same; office conference with Jim Raborn regarding

preparation of letter requesting restitution of amounts paid to

contractor; attention to same.

06/10/09 M A Bodron .50 Reviewed demand letter from Don Wood; office conference

with Alison Sulentic REDACTED

.

06/10/09 M W Brown 2.30 Attention to Tellar trust documents; attention to Wides trust

documents; attention to Klopman trust questions; attention to

Kilmer trust documents; attention to Melcer trust questions;

telephone discussion with Mike Myers regarding pending and

IRA matters; telephone conference with Steve Melcer

regarding appointment of successor trustee for his family's

trusts; telephone conference with Sophia Lewis regarding Peter

Durham Marital Trust.

06/10/09 J G O'Quinn 1.30 Continued working on REDACTED

.

06/10/09 J R Raborn 1.40 Responded to inquiry on status of officers and directors and

related insurance and indemnity; reviewed letter to receiver

regarding pay matters.

06/10/09 A M Sulentic 1.20 Research regarding and preparation of summary of steps to be

taken REDACTED .

06/11/09 M W Brown 7.00 Attention to McArthur trust documents, and related trustee

appointment; attention to Brugh trust documents, and related

trustee appointments; two telephone conferences with Steven

Melcer regarding Melcer trustee appointment; reviewed new

FIMC trust agreement with Comerica, and noted questions;

several telephone conferences with Sophia Lewis; telephone

conference with Steven Spiegel regarding FIMC trust

questions.







199

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 133 of 377

Page 132









Hours Description

06/11/09 J R Raborn .40 Responded to questions about 401(k) plan issues.

06/12/09 M A Bodron 1.00 Reviewed 401(k) Plan record-keeping agreement with Alison

Sulentic; forwarded issues related to same to Newport, the

record-keeper; REDACTED ;

reviewed employee demand letter with Jim Raborn.

06/12/09 M W Brown 3.50 Attention to FIMC trustee appointment questions, and related

documentation; attention to IRA reporting and valuation

questions; attention to McArthur trust questions.

06/12/09 J G O'Quinn .90 Continued working on IRS application REDACTED







06/12/09 A M Sulentic 4.60 Review of Newport record-keeping agreement; office

conference with Mark Bodron regarding same; review of

Endorsement Agreement and related amendments regarding

licensing agreement; preparation of correspondence regarding

same.

06/13/09 J R Raborn 1.20 Reviewed communications from Susan Skarness and pulled

materials on plans termination issues.

06/14/09 J R Raborn .40 Reviewed emails regarding REDACTED

emails from Pam Ward and Susan Skarness.

06/15/09 M A Bodron .60 Reviewed outstanding welfare plan documents; office

conference with Alison Sulentic concerning same; telephone

conference with Jim Raborn and Alison Sulentic concerning

same.

06/15/09 M W Brown 4.00 Telephone conference with Sophia Lewis regarding M.

Fishman's trusts and other pending trust matters and work

related to same; telephone conference with Steven Spiegel

regarding FIMC successor trustee appointment; attention to

requested email; attention to questions regarding Fishman's

unitrust and reviewed related trust documents.

06/15/09 J R Raborn .90 Telephone conference with Mark Bodron and Alison Sulentic

regarding actions to termination plans and prior responses to

the DOL.

06/15/09 W F Stutts, Jr. .40 Reviewed information received from Alison Sulentic regarding

VJ Singh questions and commented on draft proposal;

communications with and reviewed information from John

Greer and Tucker Harrison.

06/15/09 A M Sulentic 4.20 Telephone conference with Jim Raborn regarding termination

of endorsement agreement; drafting of letter from Receiver

regarding termination of endorsement agreement; office

conference with Jim Raborn and Mark Bodron regarding Pam









200

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 134 of 377

Page 133









Hours Description

Ward's questions concerning audit requirements for flexible

benefits plan; research regarding same.

06/16/09 M A Bodron .40 Office conference with Alison Sulentic concerning status of

401(k) Plan issues; reviewed same.

06/16/09 M W Brown 7.00 Attention to IRA questions per discussions with John Coker;

telephone conference with John Coker and Sophia Lewis;

arranged for conference call; attention to Causey's IRA

question and telephone conference with John Coker regarding

tax questions related to same; attention to questions regarding

Klopman trusts; telephone conference with Mike Myers;

telephone conference with Eric Soderlund; office conference

with Jim Raborn, John Coker and Sophia Lewis; attention to

research regarding IRA withholding and reporting

requirements REDACTED ;

telephone conference with John Coker regarding same.

06/16/09 J R Raborn 1.40 Telephone conference with Maggie Brown, Mike Myers and

FTI regarding IRAs; emails regarding request from politician

regarding employees.

06/16/09 A M Stockbridge .90 Researched REDACTED

.

06/16/09 A M Sulentic 2.40 Research and review of documents and preparation of list of

action items REDACTED ;

preparation of correspondence regarding termination of

endorsement agreement for Vijay Singh.

06/17/09 M W Brown 6.70 Further attention to Causey tax questions and regarding IRA

withholding questions; discussed same with John Coker;

attention to McArthur trust documents and related questions

regarding appointment of successor trustee; telephone

conference with Sophia Lewis; attention to Margaret Verner

and Hugh Verner trust documents and related questions

regarding appointment of successor trustee; discussed same

with Sophia Lewis; attention to March 12, 2009 Order and

application questions regarding appointment of successor

trustee for Klopman trusts, per questions by Klopman attorney;

two telephone conferences with Sophia Lewis.

06/17/09 A M Stockbridge 5.10 Continued to research IRA REDACTED and rules

regarding REDACTED .

06/17/09 W F Stutts, Jr. .20 Reviewed information from Ms. Sulentic regarding termination

of VJ Singh agreement.

06/17/09 A M Sulentic 1.00 Continued preparation of list of action items relative to

REDACTED ; telephone conference with Jim

Raborn regarding correspondence concerning termination of







201

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 135 of 377

Page 134









Hours Description

endorsement agreement with Vijay Singh; revision of same.

06/18/09 M W Brown 1.50 Attention to IRA tax reporting questions relating to 5498s and

1099-Rs.

06/18/09 J G O'Quinn 1.60 Continued preparing IRS application to REDACTED

.

06/18/09 J R Raborn .50 Reviewed letter to employee regarding 401(k) plan.

06/18/09 A M Sulentic 1.40 Review and analysis of plan documents in connection with

REDACTED .

06/19/09 M A Bodron 2.50 Attention to outstanding 401(k) plan issues and disposition of

same; reviewed researched prepared by Alison Sulentic

concerning same; office conference with Alison Sulentic

concerning same; reviewed status of other employee benefits;

telephone conference with Jim Raborn concerning same

06/19/09 M W Brown 1.30 Attention to emailed questions from Mike Myers regarding

IRA matters; telephone conference with Mike Myers

discussing 5498 questions; discussed IRA tax questions with

Angela Stockbridge and attention to same; prepared email

regarding questions to be addressed.

06/19/09 J G O'Quinn .70 Office conference with Alison Sulentic regarding action needed

REDACTED and reviewed checklist and plan

documents regarding same.

06/19/09 J R Raborn 1.70 Responded to requests from Malcolm Lovett regarding DOL

investigations and certain plans; emails from Pam Ward

regarding plan actions and payment of interest on

contributions.

06/19/09 A M Stockbridge 1.70 Researched valuation of assets in an IRA distribution;

researched 1099-R and Form 5498 requirements.

06/19/09 A M Sulentic 3.10 Office conference with Jeannene O'Quinn regarding plan

termination procedures; office conference with Mark Bodron

regarding same; revision of list of action items based on review

of plan documents and supporting administrative services

agreement.

06/20/09 J R Raborn 1.50 Reviewed list of 401(k) items and information from Charlene

McDougal regarding employee communications.

06/21/09 A M Stockbridge 3.10 Researched valuation of assets in an IRA distribution;

researched 1099-R and Form 5498 requirements.

06/22/09 M W Brown 5.50 Attention to IRA-related emails; attention to tax research by

Angela Stockbridge regarding reporting and disclosure issues,

and withholding questions; discussed same with Jim Raborn;

conference call with John Coker and Jim Raborn; attention to







202

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 136 of 377

Page 135









Hours Description

emailed questions from Mike Myers; prepared attachment

regarding valuation matters for Forms 5498; prepared email to

Edmund Griggs responding to questions regarding the

Klopman trusts; telephone conference with Sophia Lewis.

06/22/09 J R Raborn 1.50 Telephone conference with Alison Sulentic regarding REDACTED

; responded to questions regarding treatment of STC

accounts and valuations of assets for Form 5498 filing; office

conference with Maggie Brown.

06/22/09 A M Sulentic 7.20 Research regarding Form 5500 filing requirements and

Delinquent Filer Voluntary Compliance Program with regard to

REDACTED .

06/23/09 M W Brown 5.60 Attention to Brugh trust documents and questions related to

appointment of successor trustee; attention to Hughes trust

documents and questions related to appointment of successor

trustee; telephone conference with Sophia Lewis regarding

Brugh and Hughes matters; attention to Melcer trust documents

and questions related to appointment of successor trustee;

attention to assignment of partnership interests in Melcer trusts

to successor trustee, and discussed same with Sophia Lewis;

telephone conference with Edmund Griggs regarding REDACTED



06/23/09 J R Raborn 1.10 Worked on issue for welfare plans annual reports and telephone

conference with Susan Skarness.

06/23/09 A M Sulentic 4.30 Office conference with Jim Raborn regarding Form 5500

compliance issues relating to welfare plans; research regarding

same.

06/24/09 M W Brown 6.50 Attention to questions regarding G. Reid Murray trust and

James Hornaday Murray, Jr. trust, and reviewed related trust

documents; attention to removal of Stanford Trust Company as

Co-Executor of Estate of Mary Ann K. Bush; reviewed

additional Brugh trust documents; telephone conference with

T. Austin at First Citizens; telephone conference with Amy

Kincaid regarding Bush estate; attention to email from Troy

Lillie; attention to email from John Coker regarding IRA

questions and responded to same by email; conference with

Mike Myers regarding Troy Lillie email and other ExxonMobil

IRA accounts.

06/24/09 J R Raborn 1.00 Responded to Susan Skarness' request for information on

proper administration; telephone conference with Alison

Sulentic.

06/24/09 A M Stockbridge 1.20 Researched notice of election not to withhold for IRA

nonperiodic distribution.









203

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 137 of 377

Page 136









Hours Description

06/24/09 A M Sulentic 1.20 Review of matters pertaining to Form 5500 filing for welfare

benefit plans.

06/25/09 M W Brown 6.00 Telephone conference with Amy Kincaid regarding accounting

obligations for Bush estate; attention to Melcer Assignments of

Limited Partnership Interest to successor trustee; telephone

conference with Mike Myers regarding same; telephone

conference with Sophia Lewis; telephone conference with

Christy Lambertus regarding issues regarding Farquhar trust

appointment of successor trustee; telephone conference with

Michelle Goldberg regarding Kilmer trusts; conference with

Stephanie Loomis-Price regarding Kilmer trusts; prepared

email to Michelle Goldberg; telephone conference with Sophia

Lewis; attention to Farquhar trustee appointment questions and

related Florida statutes.

06/25/09 J R Raborn 1.80 Followed up REDACTED information required to

shut down claims and administration runoff.

06/25/09 A M Stockbridge 1.20 Drafted and revised notice of election not to withhold for IRA

nonperiodic distribution.

06/25/09 A M Sulentic 4.70 Review of documents pertaining to group welfare benefits

arrangements; research regarding Form 5500 filing; preparation

of e-mail memorandum to Jim Raborn regarding same; office

conference with Jim Raborn regarding same.

06/26/09 M W Brown 5.20 Attention to FIMC Non-Insured Claims Trust appointment of

successor trustee; attention to petitions filed for Kilmer trusts

and discussed same with Keri Brown; attention to emails to and

from Michelle Goldberg regarding Kilmer trusts; worked on

IRA Notice of Withholding and related election form; attention

to questions regarding FIMC trust; attention to question

regarding appointment of successor trustee for Newland trust;

conference with Jeff Raley regarding Leverich trust; telephone

conference with Sophia Lewis discussing all of same;

telephone conference with Sophia Lewis regarding LeBlanc

pledged account.

06/26/09 M C Hurd .20 Office conference with Keri Brown regarding strategy for

answer in STC matter.

06/29/09 M W Brown 3.00 Attention to Josephine Crosby estate documents; telephone

conference with Sophia Lewis discussing Crosby, FIMC, and

Leverich trust and estate matters; met with Jeff Raley to

discuss Leverich and other pending trust matters.

06/29/09 J T Leslie .10 Coordinated for employee pay matters.

06/30/09 M A Bodron .50 Office conference with Alison Sulentic concerning status of

401(k) plan record-keeping agreement REDACTED ;







204

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 138 of 377

Page 137









Hours Description

reviewed researched concerning same.

06/30/09 M W Brown 4.70 Attention to questions regarding the two Murray trusts and

prepared email to Sophia Lewis regarding same; attention to

Leverich trust matter; prepared email to John Coker regarding

IRA questions; attention to LeBlanc pledged account and

information from Mike Myers regarding same; attention to IRA

questions for John Coker.

06/30/09 A M Sulentic .30 Office conference with Mark Bodron regarding update on

activities REDACTED and Form 5500

issues.

07/01/09 M W Brown 6.00 Discussed matters regarding Bush estate and accounting

requirements with Sophia Lewis; attention to North Carolina

accounting requirements; telephone conference with K.

Hutchison, Guilford County Estate Section Clerk, regarding

Order and accounting; follow-up telephone conference with

Sophia Lewis; attention to IRA questions and worked on same;

prepared email to John Coker; attention to Peter B. Durham

Trust documents and appointment questions.

07/02/09 M W Brown 4.00 Discussed Kilmer trusts and lawsuits related to same with Keri

Brown; attention to IRA questions; attention to Golden Age

Retirement trust documents for five related trusts, and

questions regarding same.

07/06/09 M W Brown 6.20 Attention to questions regarding appointment provisions under

James Hornaday Murray, Jr. Irrevocable Trust; attention to

Teller IRA account email; attention to Golden Age Retirement

Plan trust documents (Deferred Compensation Plan and Trust

Basic Plan Document, Joinder Agreement, Amendment to Plan

and Trust, and Notice, and other documentation relating to five

separates trusts); attention to 1/5/2000 Amendment, and Order

removing Stanford Trust Company as Trustee, and related

correspondence.

07/07/09 M W Brown 6.70 Attention to Golden Age Retirement trust and plan documents;

discussed with Jim Raborn; attention to email from Christy

Lambertus regarding termination of Farquhar trust and

discussed issues with Jeff Raley; attention to email from Amy

Kincaid regarding Bush estate accounting and emailed Sophia

Lewis regarding same; attention to questions regarding

Josephine Ruth Crosby estate; attention to questions regarding

Fishman pledged account, with related review of loan

transaction documentation; telephone conference with Sophia

Lewis regarding status of pending matters and above accounts;

conference with Jeff Raley regarding Leveridge trusts;

telephone conference with Hunt Worth regarding trust

provisions regarding James Hornaday Murray, Jr. Trust;







205

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 139 of 377

Page 138









Hours Description

telephone conference with Sophia Lewis REDACTED









07/07/09 A M Sulentic .50 Attention to status of issues relating to welfare plan's Form

5500 obligations and REDACTED .

07/08/09 M W Brown 7.00 Telephone conference with Sophia Lewis; telephone

conference with Hunt Worth regarding James Hornaday

Murray, Jr. trust documentation and regarding release of

pledged Fishman trust account; worked on Bush estate

accounting and prepared draft; telephone conference with Hunt

Worth further discussing Murray trust documentation;

telephone conference with Ed Griggs regarding Klopman trust

documentation; telephone conference with Sophia Lewis

regarding various trusts; further telephone conference with Ed

Griggs responding to his questions; telephone conference with

Sophia Lewis regarding Fishman trust pledged account;

telephone conference with Tony Davis regarding Fishman trust

pledged account and REDACTED

; telephone conference with Mary

Gregory; REDACTED

Bush estate accounting.

07/09/09 M W Brown 6.80 Prepared email to Sophia Lewis; further attention to questions

regarding REDACTED

and worked on accounting matters for Bush

estate; attention to Fishman loan transaction documents;

telephone conference with Sophia Lewis regarding Bush estate

and other pending trust accounts; worked on draft of Bush

accounting and emailed same to Amy Kincaid for review and

comments; attention to email from Amy Kincaid and

responded to same; prepared email to Sophia Lewis

summarizing pertinent loan transaction documents regarding

Fishman pledged account, to be sent to Hunt Worth; telephone

conference with Sophia Lewis regarding same.

07/09/09 J R Raborn 1.20 Telephone conference with Malcolm Lovett and Char

McDougal regarding REDACTED



07/09/09 A M Sulentic .70 Office conference with Jim Raborn regarding request for

information from Department of Labor; e-mail correspondence

regarding same.

07/10/09 M W Brown 6.00 Conference with Jeff Raley discussing Murray trust

documentation, Leveridge trust documentation and questions

regarding REDACTED ,

and Bush accounting; attention to Bush accounting and







206

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 140 of 377

Page 139









Hours Description

telephone conference with Amy Kincaid regarding same;

attention to email from Amy Kincaid; attention to Fishman

trust loan transaction documents; telephone conferences with

Sophia Lewis regarding pending matters; exchanged emails

with Tony Davis and Mike Myers regarding Fishman pledged

account; conference with Herschel Hamner regarding release

documentation for Fishman pledged account, and transmitted

loan transaction documents to him; second conference with

Herschel Hamner; attention to Fishman Revocable Trust

documents per questions from Herschel Hamner.

07/10/09 J G O'Quinn 1.80 Office conference with Alison Sulentic regarding REDACTED

; drafted Board resolutions REDACTED



07/10/09 J R Raborn 1.50 Conference call with Malcolm Lovett and reviewed issues

regarding plan shutdowns and contributions needed to satisfy

the DOL.

07/10/09 A M Sulentic .90 Office conference with Jim Raborn regarding REDACTED

; office conference with Jeannene O'Quinn

regarding preparation of resolutions and amendment regarding

same; e-mail correspondence with Mark Bodron and Jeannene

O'Quinn regarding same; attention to response to Department

of Labor's request for information regarding accounts with

Stanford International Bank Limited.

07/12/09 J R Raborn 1.20 Reviewed documents and emails to Mark Bodron.

07/13/09 M A Bodron 2.00 Reviewed and revised draft resolutions and REDACTED

; office conference with Jeannene

O'Quinn concerning same; reviewed status of DOL requests for

SIBL information.

07/13/09 M W Brown 4.70 Attention to questions regarding Antiguan plan per John Coker;

telephone conference with John Coker regarding status of

same; attention to question regarding distribution of Bush

estate assets; attention to questions regarding James Hornaday

Murray, Jr. trust and prepared analysis of provisions in that

trust and in sister's trust; discussed matter with John Coker.

07/13/09 J G O'Quinn 3.90 Began reviewing 401(k) Plan REDACTED





; office conferences with Mark Bodron

regarding questions relating to plan termination; revised Board

resolutions; reviewed summary of benefits work.

07/13/09 J R Raborn .70 Followed up on DOL requests for data.

07/14/09 M A Bodron 1.00 Reviewed and revised REDACTED amendment and

approving resolutions; office conferences with Jeannene







207

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 141 of 377

Page 140









Hours Description

O'Quinn and Jim Raborn concerning same.

07/14/09 J G O'Quinn .90 Office conference with Mark Bodron regarding Board

resolutions REDACTED and

revised amendment.

07/14/09 J R Raborn .50 Prepared communications to the DOL with results of inquiries.

07/14/09 A M Stockbridge .50 Research standard terms of promissory notes between

employees and company; research current federal interest rates.

07/16/09 J R Raborn .60 Sent resolutions regarding plan actions to Malcolm Lovett.

07/17/09 J R Raborn .80 Attention to 401(k) plan and DOL investigation.

07/20/09 M W Brown 3.00 Attention to questions asked regarding IRA accounts, and

related review of prototype IRA and Roth IRA agreements;

attention to IRS revenue ruling and revenue procedure;

telephone conference with Sophia Lewis regarding Brugh

charitable unitrust.

07/21/09 M A Bodron 1.40 Reviewed DOL correction issue for 401(k) plan; office

conference with Alison Sulentic concerning same; reviewed

status of 401(k) record-keeping agreement and 2008 census

report for 401(k) plan population and testing.

07/21/09 M W Brown 3.00 Attention to Nichole Gould's email regarding Golden Age

Home Care plan documents and related attention to five sets of

documents; telephone conference with Sophia Lewis regarding

same.

07/21/09 J R Raborn 1.40 Responded to questions about 401(k) plans, including audits

and report filings.

07/21/09 A M Sulentic 4.30 Office conference with Mark Bodron regarding status of 401(k)

plan issues; review of Keyashia Barkins' data concerning

prohibited transactions due to late transmission of deferrals;

calculation of lost earnings and interest attributable to

prohibited transactions.

07/22/09 M A Bodron .80 Reviewed DOL issues and "calculator" for late contributions;

office conference with Alison Sulentic concerning same;

reviewed DOL rules concerning same.

07/22/09 M W Brown 3.20 Attention to Brugh Charitable Remainder Unitrust documents,

received in five separate emails; discussed same with Sophia

Lewis; telephone conference with Hunt Worth regarding Brugh

and Murray accounts.

07/22/09 J R Raborn 1.70 Telephone conference with Rebecca Hank with the DOL Wage

and Hour Division; responded to the DOL's requests from

criminal investigation.









208

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 142 of 377

Page 141









Hours Description

07/22/09 A M Sulentic 1.80 Continued attention to calculation of lost earning and interest

on prohibited transactions relating to 401(k) Plan.

07/23/09 M A Bodron .50 Reviewed 401(k) plan late contribution corrections; REDACTED







07/23/09 M W Brown 7.00 Attention to trust agreement creating James Hornaday Murray,

Jr. Irrevocable Trust, with particular attention and analysis of

provisions addressing appointment of successor trustee, given

grant of joint powers, and beneficiary being under the age of 21

years; prepared memorandum of analysis of trust provisions;

attention to two emails regarding I. J. Sherman Irrevocable

Trust; attention to voicemail message from Hunt Worth

regarding Murray trust and Brugh charitable remainder unitrust

remainder beneficiary, and responded by email to his

questions.

07/23/09 J R Raborn .80 Reviewed calculations regarding delinquent contributions;

telephone conference with Joe Cialone.

07/23/09 A M Sulentic 5.80 Attention to issues pertaining to voluntary fiduciary corrections

program online calculator and Form 5330.

07/24/09 M A Bodron 1.50 Reviewed final DOL "calculator" results for late 401(k)

contributions; office conferences with Jim Raborn and Alison

Sulentic concerning same and related Form 5330 excise tax

return; Telephone conference with Malcolm Lovett concerning

same and termination status of 401(k) plan; forwarded data

concerning same to Mr. Lovett for review; office conference

with Jeannene O'Quinn concerning status of Form 5310

REDACTED .

07/24/09 M W Brown 2.00 Attention to Spencer Terry Testamentary Trust documents and

appointment of successor trustee; telephone conference with

Sophia Lewis discussing same; attention to trust agreements

creating trusts for Daniel and Alexandra Bernstein.

07/24/09 J G O'Quinn 1.20 Office conference with Alison Sulentic and reviewed

calculation of lost earnings and interest in connection with late

payments under the 401(k) Plan.

07/24/09 A M Sulentic 6.70 Finalized e-mail memorandum and calculations relating to

voluntary fiduciary compliance program and Form 5330.

07/27/09 M A Bodron 1.50 Office conference with Jim Raborn REDACTED

; office conference with Alison Sulentic

concerning DOL interest calculator and late contributions and

Form 5330 for 401(k) plan; reviewed Newport 5330 draft

materials; telephone conference with Malcolm Lovett

concerning same.









209

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 143 of 377

Page 142









Hours Description

07/27/09 M W Brown 5.20 Attention to correspondence from Hunt Worth regarding Brugh

charitable unitrust and determination of remainder charitable

beneficiary; worked on Bush estate accounting, with related

further attention to Bush estate account statements, Bush

charitable remainder unitrust account statements, Bush

revocable management trust account statements, Bush Will and

probate order.

07/27/09 A M Sulentic 1.10 Attention to calculation of lost earnings and interest owed to

401(k) plan; review of Form 5330 prepared by Newport; office

conference with Mark Bodron regarding same.

07/28/09 M A Bodron 1.50 Continued attention REDACTED and

related employee communications.

07/28/09 M W Brown 7.00 Attention to Peter B. Durham Marital Trust: Mediated Rule 11

and Settlement Agreement, and related pleadings and

correspondence regarding appointment of successor trustee;

reviewed Will and two codicils; telephone conference with

Sophia Lewis discussing all of same; telephone conference

with Mary Beth Todd; prepared email to Sophia Lewis;

telephone conference with Charlene Dykes regarding Bush

estate; reviewed additional Bernstein family trust agreements.

07/28/09 A M Sulentic 2.10 Telephone conference with Char McDougal relating to

payment of lost earnings and interest to 401(k) plan; office

conference with Mark Bodron regarding same; research

regarding Form 5330 and payment of excise taxes.

07/29/09 M A Bodron 1.40 Telephone conference with Jim Raborn and Malcolm Lovett

concerning REDACTED ;

reviewed Newport materials; forwarded information to Alison

Sulentic concerning same; reviewed telephone conference with

Malcolm Lovett concerning filing issues.

07/29/09 M W Brown 5.50 Attention to email from Mary Beth Todd regarding Durham

trust; attention to draft Agreement of Beneficiaries; telephone

conference with Rita Bishop at Encore Bank regarding Durham

trust; attention to trust related documents and agreements;

attention to new correspondence and related documents

received regarding the Margaret Dietz Domanski trust;

conference call with Susie Kornblitt and Rita Bishop regarding

Durham trust REDACTED

; telephone conference with Sophia

Lewis; telephone call to Bryan Calabrese at RBC Trust

Company.

07/29/09 J R Raborn .80 Telephone conference with Malcolm Lovett REDACTED

; responded to payroll inquiry.









210

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 144 of 377

Page 143









Hours Description

07/30/09 M A Bodron 2.00 Attention to IRS filings and REDACTED ;

office conferences with Jim Raborn and Alison Sulentic

concerning same; telephone conference with Malcolm Lovett

concerning filing issues.

07/30/09 M W Brown 4.60 Telephone conference with Sophia Lewis reviewing and

discussing pending status of 16 accounts; attention to email

from Jimmy Murray and to email from Mike Myers; telephone

conference with Sophia Lewis regarding Murray attorney's's

questions; telephone conference with Mike Myers regarding

Murray communications; attention to email from Amy Klass.

07/30/09 A M Sulentic 1.00 Attention to REDACTED



07/31/09 M A Bodron 1.20 Office conferences with Jim Raborn and Alison Sulentic

forfeitures and IRS filings; reviewed IRS Form 5500 filing

extension request for welfare plans; reviewed comments from

Newport concerning REDACTED

; office conference with Alison

Sulentic concerning same.

07/31/09 M W Brown 2.50 Attention to email from Amy Klass; discussed North Carolina

Trust Code statutes regarding appointment of successor trustee

and parent acting on behalf of qualified beneficiary in context

of Murray trust agreement; prepared email REDACTED





; telephone

conference with Mike Myers; telephone conference with Amy

Klass.

07/31/09 J G O'Quinn 1.10 Office conference with Jim Raborn, Mark Bodron and Alison

Sulentic regarding filing Form 5558 for welfare plan and

401(k) Plan; prepared Forms 5558 and drafted transmittal letter

regarding same.

07/31/09 J R Raborn 2.10 Telephone conference with Malcolm Lovett and worked with

Char McDougal and Mark Bodron regarding filings and

forfeitures.

07/31/09 A M Sulentic 1.00 Attention to REDACTED .

08/03/09 M A Bodron .30 Office conference with Alison Sulentic REDACTED

issues and project/time-line for same and other

outstanding issues.

08/03/09 M W Brown .70 Telephone conference with Sophia Lewis regarding LeBlanc

account and attention to related email; second telephone

conference with Sophia Lewis.

08/03/09 A M Sulentic 1.10 Telephone conference with Char McDougal REDACTED









211

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 145 of 377

Page 144









Hours Description

REDACTED ; attention to same.

08/04/09 M A Bodron 2.00 Reviewed and revised project list; office conference with

Alison Sulentic and Jim Raborn concerning same; telephone

conference with Char McDougal concerning same.

08/04/09 J G O'Quinn .60 Office conference with Alison Sulentic and office conference

with Mark Bodron REDACTED



08/04/09 J R Raborn .60 Sent information to the DOL regarding audit of 401(k) plans

and compliance.

08/04/09 A M Sulentic 2.30 Telephone conference with Mark Bodron and Char McDougal

regarding 401(k) plan issues; office conference with Jim

Raborn and Mark Bodron regarding 401(k) plan issues;

telephone conference with Char McDougal REDACTED

; attention to PAR and SERP

plan issues.

08/05/09 M A Bodron 1.50 Continued attention to REDACTED ; office

conferences with Jim Raborn and Alison Sulentic concerning

same; reviewed and revised documents related to same.

08/05/09 J G O'Quinn 1.30 Conference call with Alison Sulentic and Newport

representative REDACTED ; follow up

meeting with Mark Bodron and Alison Sulentic regarding

same; file research for information to include in Form 5310.

08/05/09 J R Raborn .60 Telephone conference with Mark Bodron and reviewed issues

regarding employee communications.

08/05/09 A M Sulentic 5.70 Continued attention to REDACTED ;

telephone conference with Carol Gore and Jeannene O'Quinn

REDACTED ; telephone conference with Char

McDougal regarding various Section 401(k) plan issues; office

conference with Mark Bodron regarding employee benefits

issues chart REDACTED .

08/06/09 M A Bodron 4.00 Attention to REDACTED and other

outstanding benefit matters; office conferences with Alison

Sulentic concerning same; reviewed and revised draft

documents and IRS forms.

08/06/09 J G O'Quinn 3.40 Office conference with Mark Bodron regarding questions

relating to IRS Form 5310 REDACTED

; revised Form 5310; prepared email to

record-keeper requesting additional information in order to

complete Form 5310; office conference with Alison Sulentic

REDACTED ; drafted Notice to

Interested Parties REDACTED .









212

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 146 of 377

Page 145









Hours Description

08/06/09 J R Raborn .50 Reviewed project list.

08/06/09 A M Sulentic 3.80 Office conference with Mark Bodron REDACTED

; review of plan documents REDACTED

; research regarding

Department of Labor safe harbor notice of plan termination;

drafting of notice of plan termination; revision of employee

benefits issues status chart REDACTED

.

08/07/09 M A Bodron 2.50 Reviewed REDACTED and Stanford

employee benefits chart; office conference with Alison Sulentic

concerning comments to same.

08/07/09 J R Raborn .60 Attention to email to Joe Cialone and reviewed issues

regarding tax refunds as possible source of recovery by

receiver.

08/07/09 A M Sulentic 6.00 Office conference with Mark Bodron REDACTED

; office conference with Mark

Bodron regarding status of employee benefits issues; review of

draft Form 5310; REDACTED



.

08/10/09 M A Bodron 3.00 Researched issues REDACTED ; telephone

conferences with Alison Sulentic, Jim Raborn and Char

McDougal concerning same.

08/10/09 J R Raborn .90 Attention to REDACTED and distributions of IRA

funds.

08/10/09 A M Sulentic 4.70 Attention to REDACTED ; office

conference with Mark Bodron regarding same; REDACTED

office conference with

Mark Bodron and Jim Raborn regarding same.

08/11/09 M A Bodron 2.40 Continued attention benefits issues; reviewed summary of

tasks; telephone conference with Char McDougal and Malcolm

Lovett.

08/11/09 A M Sulentic 2.70 Attention to REDACTED ; office

conference with Mark Bodron regarding same.

08/12/09 M A Bodron 5.90 Continued attention REDACTED and other

benefit issues.

08/12/09 J R Raborn .80 Followed up on IRA withholding and payroll matters.

08/12/09 A M Sulentic 1.50 Office conference with Jim Raborn and Mark Bodron

regarding status of various issues pertaining to Stanford

employee benefit plans; office conference with Mark Bodron







213

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 147 of 377

Page 146









Hours Description

REDACTED ; telephone

conference with Mark Bodron, Char McDougal and Carol Gore

REDACTED ; office

conference with Mark Bodron and Char McDougal regarding

various issues pertaining to Stanford employee benefit plans.

08/13/09 M A Bodron .60 Reviewed status of employee benefit outstanding issues.

08/14/09 M A Bodron 1.50 Telephone conference with Craig Adams concerning COBRA

notice issues and related claims; office conference with Alison

Sulentic concerning same; reviewed file materials concerning

same.

08/14/09 A M Sulentic 4.20 Attention to issues raised by terminated employee with respect

to COBRA benefits; office conference with Mark Bodron

regarding same; telephone conference with Char McDougal

regarding same.

08/16/09 A M Sulentic .20 E-mail correspondence with Carol Gore REDACTED

.

08/17/09 M A Bodron 2.20 Research Cobra claim issue; telephone conference with Craig

Adams concerning same; reviewed matter with Alison

Sulentic; REDACTED



08/17/09 A M Sulentic 5.50 Research regarding regulatory requirements pertaining to

REDACTED ;

research regarding COBRA notification obligations; office

conference with Mark Bodron and Tracee Lewis regarding

same.

08/18/09 J R Raborn .40 Attention to emails regarding plan COBRA notices and

terminations.

08/18/09 A M Sulentic 1.80 Attention to claim by former employee relating to COBRA

coverage; office conference with Mark Bodron regarding same;

attention to Section 401(k) nondiscrimination testing results for

2008.

08/19/09 M A Bodron .40 Office conference with Alison Sulentic concerning 401(k) Plan

testing results for 2008 plan year; reviewed same.

08/19/09 J G O'Quinn 2.50 Began preparing Forms 5330 for tax years 2006-2009

regarding excise taxes on late contributions to 401(k) Plan and

office conference with Alison Sulentic regarding same.

08/19/09 A M Sulentic 4.00 Analysis of and preparation of e-mail memorandum regarding

Section 401(k) nondiscrimination testing results for 2008;

office conference with Mark Bodron regarding same; office

conference with Jeannene O'Quinn regarding preparation of









214

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 148 of 377

Page 147









Hours Description

Form 5330.

08/20/09 M A Bodron 1.30 Reviewed REDACTED with Alison

Sulentic; researched issues related to same; office conference

with Jim Raborn concerning same.

08/20/09 J G O'Quinn 3.80 Continued preparing Forms 5330 and attachments and drafted

transmittal letter to IRS regarding same and office conference

with Mark Bodron regarding same.

08/20/09 J R Raborn .20 Attention to tax withholding issues.

08/20/09 A M Sulentic .20 Attention REDACTED



08/21/09 M A Bodron 3.00 Reviewed Form 5330 late contribution excise tax filing for

401(k) plan; office conference with Jeannene O'Quinn

concerning same; reviewed draft court filing regarding status of

employee benefit issues; forwarded comment to same to Craig

Adams.

08/21/09 J G O'Quinn 1.80 Revised Forms 5330 and office conference with Mark Bodron

regarding same.

08/21/09 J R Raborn .80 Attention to Form 5330 preparation and calculations.

08/21/09 J R Raborn .50 Attention to filing Forms 5330; attention to emails to Mark

Bodron.

08/21/09 A M Sulentic .70 Review of Form 5330 as prepared by Jeannene O'Quinn.

08/24/09 A M Sulentic 1.20 Office conference with Mark Bodron regarding Form 5330;

revision of same and transmission to Char McDougal.

08/25/09 J R Raborn .50 Reviewed labor and employment document.

08/26/09 M A Bodron .70 Office conference with Jim Raborn concerning same; office

conference with Alison Sulentic concerning Form 5330 filing

for the 401(k) plan; reviewed email from Char McDougal

concerning came.

08/26/09 A M Sulentic .90 Attention to Form 5330 filing regarding excise tax on late

contributions to plan.

08/27/09 J R Raborn .40 Responded to questions regarding loans.

08/27/09 A M Sulentic 2.50 Attention to various employee benefits issues, including filing

of Form 5330 and nondiscrimination testing for 2008 plan year;

office conference with Mark Bodron regarding

nondiscrimination testing; telephone conference with Carol

Gore of Newport regarding nondiscrimination testing.

08/28/09 M A Bodron .50 Reviewed 2008 testing materials for 401(k) and

correspondence to Char McDougal and authorization to

Newport regarding implementation of correction process.







215

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 149 of 377

Page 148









Matter Total 453.60





079716.0111 Latin American Matters

Hours Description

06/01/09 C N Adams .60 Telephone conference with working group regarding holdings

of Latin American investors.

06/02/09 W F Stutts, Jr. 1.30 Reviewed with R. Roper and V. Kurylak and M. Lovett the

proposal related to Peru and Panama and related points for fund

review and transfer either to receivership or to purchaser in

case of Panama; related status information on Mexico;

reviewed information and status on same with K.

Blumenschein.

06/03/09 W F Stutts, Jr. .40 Reviewed with Richard Roper points related to Panama sale

and changes in position taken by the Panamanian securities

commissioner.

06/04/09 W F Stutts, Jr. .90 Reviewed developing information regarding investment

banking consultants possibilities; communications with

Richard Roper regarding information needed for responses to

regulators; brief updates to Mr. Arevalo regarding same.

06/05/09 W F Stutts, Jr. .80 Reviewed with Richard Roper status in Peru and Colombia;

conference call with Mr. Roper and Mr. Sadler and Mr. Janvey

and Ms. Blumenschein.

06/10/09 W F Stutts, Jr. 1.10 Reviewed information from Mr. Hernandez REDACTED

;

reviewed and responded to status regarding CNBV request and

provided additional input to Mr. Roper on same.

06/11/09 W F Stutts, Jr. .60 Placed inquiry to Mr. Roper regarding Mexican client

information to ensure he has information necessary to respond

to questions pending from regulators.

06/12/09 J A Cialone, II .80 Calls regarding Roper's Latin American efforts.

06/12/09 W F Stutts, Jr. .40 Consulted with Mr. Roper on Panama bank sale including

questions of mechanic and scope of approvals necessary.

06/25/09 W F Stutts, Jr. .60 Reviewed information and status with Richard Roper regarding

Panama.

06/30/09 W F Stutts, Jr. 1.30 Communications with Mr. Myers regarding Panamanian

brokerage clients and related communications with Mr.

Hernandez and several communications with David Arlington

regarding status of motion; additional inquiries to Mr. Lovett

regarding information on the motions.

07/01/09 W F Stutts, Jr. .30 Inquired of J. Ecklund (TK) regarding documents on possible









216

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 150 of 377

Page 149









Hours Description

Panama sale and reviewed same from her.

07/06/09 W F Stutts, Jr. 1.10 PANAMA and proposal regarding sale of bank and examined

issues on process with Mr. Roper.

07/08/09 W F Stutts, Jr. 1.10 PANAMA and i bankers rio: Communications with prospective

advisor and several communications with Mr. Janvey and Mr.

Roper.

07/09/09 W F Stutts, Jr. .90 Panama: Reviewed information from Mr. Roper on Panama.

07/10/09 W F Stutts, Jr. 1.20 Panama valuation; telephone conferences with Richard Roper;

valuations reviews.

07/11/09 W F Stutts, Jr. 1.10 PANAMA and i bankers: Reviewed options and communicated

same with Mr. Roper.

07/12/09 W F Stutts, Jr. .60 PANAMA Maldonado agreement: Reviewed comments.

07/13/09 W F Stutts, Jr. 1.40 Prepared for and participated in call with Mr. Janvey, Mr.

Roper, Mr, Hernandez, Ms. Blumenschein regarding Panama

sale; related telephone conferences with Mr. Reece and Mr.

Arevalo; examined valuations of the bank and brokerage firm;

related review of information and documentation related to the

proposed purchaser.

07/13/09 W F Stutts, Jr. 1.10 PANAMA: Matters related to competing bids for bank and

account transfer timing.

07/14/09 W F Stutts, Jr. 1.30 Reviewed with Richard Roper REDACTED









07/15/09 J C Huddleston 2.00 Attention to location of documentation requested by Vincent

Hernandez of Stanford in connection with proposed sale of

Stanford International Bank Panama; met with Roman Beccera

regarding same.

07/16/09 W F Stutts, Jr. 1.30 Panama: Reviewed valuation questions and proposals; several

communications with Victor Hernandez and Richard Roper.

07/16/09 W F Stutts, Jr. .80 Reviewed and analyzed Maldonado agreement and terms

provided commentary in particular areas; several

communications with MR. Roper and Mr. Hernandez.

07/17/09 W F Stutts, Jr. 1.10 Documentation and comments--Maldonado; Roper and

Hernandez.

07/20/09 W F Stutts, Jr. .90 Reviewed status of Panama accounts and details with Richard

Roper and information to him regarding scope; additional

information on status; communications with Swiss counsel.

07/29/09 W F Stutts, Jr. .90 Panama and new outline for Transactions (Sale).









217

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 151 of 377

Page 150









Hours Description

08/03/09 W F Stutts, Jr. .80 PANAMA: Reviewed and coordinated with Mr. Hernandez

and Mr. Roper for information appropriate for release of

brokerage accounts and related additional work in connection

with proposed sale of SBP.

08/05/09 W F Stutts, Jr. .70 Reviewed heads of agreement (translated) and updated

information from Mr. Roper and responses to inquiries to

Switzerland.

08/06/09 W F Stutts, Jr. .90 Conference call related to release of brokerage accounts and

need to release additional accounts from other jurisdictions;

several communications with Mr. Roper regarding those topics

and timing requirements.

08/07/09 W F Stutts, Jr. .20 Report from Mr. Roper on Panamanian bank progress.

08/10/09 W F Stutts, Jr. 2.10 PANAMA: Reviewed with Mr. Roper the status of movement

of European funds and worked on methods to resolve

ambiguities caused by SEC freeze and DOJ MLAT.

08/11/09 W F Stutts, Jr. 2.40 PANAMA: Analyzed with Swiss and English counsel

possibilities regarding resolution of issues from SEC freezes.

08/12/09 D Krishan 4.10 Correspondence with barristers and internal team regarding

Stanford Bank Panama funds; organizing documents for

hearing.

08/12/09 W F Stutts, Jr. 1.30 PANAMA: Worked with Mr. Roper to identify scope of

needed relief.

08/13/09 D Krishan 4.30 Correspondence with Georgina Peters, Stuart Isaacs and Robin

Preston-Jones regarding hearing and Stanford Panama;

preparing documents for filing.

08/13/09 W F Stutts, Jr. 2.30 PANAMA: Additional coordination on English issues and

communications with English counsel.

08/14/09 D Krishan 10.90 Preparing REDACTED re

Stanford Bank Panama; liaising with Georgina Peters on the

hearing, documents and SBP application; correspondence with

Karen Denny regarding SEC's position on SBP funds;

conference with internal counsel regarding SBP funds.

08/14/09 W F Stutts, Jr. 3.20 PANAMA: Reviewed question regarding sale status and terms;

extended conversations with Mr. Roper, Mr. Arevalo, Mr.

Reece and English lawyers.

08/15/09 W F Stutts, Jr. 2.20 PANAMA: Worked on ways to accommodate newly described

position of SEC regarding notice and limits on scope; several

communications with Mr. Roper.

08/16/09 W F Stutts, Jr. 2.80 PANAMA: Telephone conference with Mr. Reece and with









218

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 152 of 377

Page 151









Hours Description

English counsel and Mr. Roper; worked on resolution of issues.

08/17/09 W F Stutts, Jr. .40 Worked with Richard Roper on request for release of funds

from London (CS/L).

08/18/09 D Krishan 5.30 Attendance at hearing; writing report on hearing; responding to

queries by Bob Howell and Bill Stutts; correspondence re SBP

witness statement.

08/19/09 W F Stutts, Jr. 1.40 Reviewed status of information regarding Panama;

communications with Mr. Isaacs and Ms. Peters regarding calls

for tomorrow regarding Panama; reviewed outstanding issues

and related communications with Mr. Roper.

08/20/09 W F Stutts, Jr. 1.40 Extended communications with Mr. Reece, Mr. Arevalo, Mr.

Roper, Mr. Isaacs, and Ms. Peters regarding Panamanian

deposits in Switzerland and England and other locations.

08/20/09 W F Stutts, Jr. 1.70 Extended communications with Mr. De Kluiver and Mr.

Arevalo and Mr. Roper on points related to Latin American and

other assets and upshot from discussion earlier.

08/25/09 W F Stutts, Jr. .30 Telephone conference with Mr. De Kluiver on points related to

interpretations from SFO; reviewed information from Mr.

Janvey on points related to Panama and examined pending

questions from Ms. Pastore on the points.

08/26/09 W F Stutts, Jr. .40 Reviewed information and questions related to Panama stock

holdings and also about requirements of Swiss FPO regarding

release of funds.

08/27/09 W F Stutts, Jr. .40 Reviewed information from Mr. Roper regarding progress on

sale related to SBP and information related to release of funds

in Switzerland and UK.

08/28/09 W F Stutts, Jr. .20 Reviewed Panama situation with Mr. Arevalo.

08/29/09 W F Stutts, Jr. .90 Consulted with Richard Roper and reviewed and analyzed

information related to UK release and Switzerland release.

08/30/09 J A Cialone, II 1.40 Several calls and emails concerning Bank of Panama issues

among Roper and other team members; reviewed related

relevant documents and correspondence and provided counsel.

08/30/09 W F Stutts, Jr. .80 Switzerland funds analysis and reviewed information related to

the request for same; reviewed questions related to possible

Swiss charges against funds in connection with repatriation.

08/31/09 W F Stutts, Jr. .30 Reviewed information from Mr. Arevalo and communications

with Mr. Roper on England funds.

Matter Total 79.00









219

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 153 of 377

Page 152









079716.0112 Private Equity Matters

Hours Description

06/01/09 C N Adams 1.00 Reviewing NDAs; preparing assessment of proposed sales;

telephone conference with Kristie Blumenschein regarding

same; reviewing open issues.

06/01/09 J M Greer 2.20 Phone calls with Chuck Weiser, Ozzie Pi and Craig Adams to

discuss outstanding private equity matters; phone call with

Brad Freels of Midway CC Hotel Partners to discuss an

upcoming capital call; phone call with Gary Stevenson of

Memphis Biomed Ventures II; correspondence with the

working group regarding SCM Alternative Income.

06/01/09 H C Tucker .70 Researched DGSE filings.

06/02/09 C N Adams 1.70 Telephone conference with Kristie Blumenschein and Malcolm

Lovett regarding private equity investments; reviewing letter to

eLandia; reviewing Midway capital call; reviewing issues

regarding advisor engagement.

06/02/09 S W Cooper .40 Telephone conference with Michael Ah Koy regarding E -

landia offer; emailed with John Greer and Craig Adams

regarding same.

06/02/09 J M Greer 1.20 Finalized and circulated a letter from Ralph S. Janvey to

Elandia clarifying Stanford's relationship with Elandia; phone

call with Chuck Weiser and Ozzie Pi with regard to

outstanding private equity matters; correspondence with the

general partner of Robro Royalty Partners.

06/03/09 C N Adams 2.10 Call with Coller Capital regarding possible acquisition of

private equity investments; telephone conference with Greg

Leekly regarding OFN and proposal to convert debt; telephone

conference with Park Hill regarding private equity investment

update.

06/03/09 J M Greer 5.60 Phone call with representatives of Coller Capital to discuss

possible interest in Stanford's private equity portfolio;

participated on a conference call with Keel Point to discuss the

status of the subordination agreement regarding Phoenix Bay;

prepared and drafted a summary of the Phoenix Bay conference

call; reviewed summary prepared by Chuck Weiser and Ozzie

Pi regarding Stanford's investment in Golden Financial

Mortgage.

06/04/09 C N Adams 1.70 Review of Coller Capital NDA; reviewing credentials for Latin

American advisor; attention to motion to approve advisor;

reviewing details of private equity investment; reviewing

private equity summaries.









220

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 154 of 377

Page 153









Hours Description

06/04/09 S W Cooper .20 Emailed with Michael Ah Koy on E-landia issues.

06/04/09 J M Greer 5.00 Participated on a conference call with representatives of the

Park Hill Group regarding Stanford's private equity portfolio;

reviewed and made comments to the form of non-disclosure

agreement circulated by Coller Capital; correspondence with

Chuck Weiser and Ozzie Pi regarding private equity matters.

06/05/09 C N Adams 1.30 Telephone conference with Greg Leekley regarding conversion

of Phoenix Bay notes; telephone conference with John Greer

regarding Israel Opportunity Fund issues; reviewing materials

regarding same.

06/05/09 J M Greer 3.70 Conversation with representatives of Phoenix Bay and its

senior note holders regarding a proposed option to convert debt

to preferred equity; conversation with Park Hill regarding

Stanford's investment in the Israel Opportunity Fund;

correspondence with Martin Mann of Foley Lardner regarding

Stanford's investment in the Israel Opportunity Fund.

06/08/09 C N Adams 2.80 Telephone conference with Tal Kimmel and Park Hill

regarding Israel Opportunity Fund; telephone conference with

Ritt Webb regarding advisory role; telephone conference with

Bob Morris regarding private equity portfolio; telephone

conference with Chuck Wesier regarding proposals; reviewing

updated proposals; telephone conference with Park Hill

regarding engagement.

06/08/09 J M Greer 1.50 Conference call with representatives of the Park Hill Group and

the Israel Opportunity Fund; correspondence with Chuck

Weiser and Ozzie Pi regarding private equity matters;

correspondence with Stefan Peller regarding Stanford's

investment in Mountain Partners AG; conference call with

representatives of the Park Hill Group to discuss Stanford's

private equity portfolio.

06/09/09 C N Adams .70 Reviewing offers to purchase private equity investments.

06/09/09 J M Greer 4.20 Conference call with John Ryder REDACTED



; phone call with Sandy Climan to

discuss available marketing efforts for Stanford's investment

position in four movies; correspondence with Chuck Weiser

and Ozzie Pi with regard to the private equity portfolio;

conversation and correspondence with Adrian Millan to discuss

certain investments in Stanford's private equity portfolio.

06/10/09 C N Adams 1.60 Telephone conference with Park Hill regarding private equity

issues; reviewing OFN subordination issues; reviewing Oasis

offer.









221

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 155 of 377

Page 154









Hours Description

06/10/09 J M Greer 2.40 Participated on a call with Midway CC Hotel Partners, LP and

Park Hill to discuss a capital call issued by Midway; phone call

with Martin Mann to discuss Stanford's investment in the Israel

Opportunity Fund; phone call with Adrian Millan to discuss

matters related to the private equity portfolio; correspondence

with Chuck Weiser and Ozzie Pi concerning private equity

matters.

06/11/09 C N Adams .70 Telephone conference with Park Hill regarding outstanding

private equity investments; telephone conference with Kristie

Blumenschein regarding same.

06/11/09 J M Greer 2.10 Prepared and drafted acceptance letters to Israel Opportunity

Fund and Midway CC Hotel Partners, LP; reviewed

correspondence to prepare for the meeting with representatives

of the Park Hill Group; phone call with Keel Point to discuss

the proposed subordination agreement related to Stanford's

investment in Phoenix Bay.

06/12/09 C N Adams 1.30 Telephone conference with Park Hill regarding offers for

investments; reviewing offers; telephone conference with

Ralph Janvey and Kristie Blumenschein regarding same.

06/12/09 S W Cooper .50 Worked on issues regarding approval motions.

06/12/09 J M Greer 6.70 Met with representatives of the Park Hill Group to review

transaction documents related to Stanford's private equity

portfolio; correspondence with Craig Adams and Kristie

Blumenschein related to Stanford's investment in the Israel

Opportunity Fund and Midway CC Hotel Partners, LP; revised

correspondence to Israel Opportunity Fund and Midway CC

Hotel Partners, LP; phone call with Clark Thompson, Midway

CC Hotel Partners, LP's outside counsel; phone call with

Chuck Weiser regarding Stanford's investment in Oasis Bank.

06/12/09 J C Huddleston 7.80 Compiled and transmitted private equity binders and related

corporate and financial information to Park Hill Group.

06/12/09 N M Starbuck 3.40 Compiled private equity information for Park Hill Group.

06/14/09 C N Adams .90 Telephone conference with Doug Cardoni regarding private

equity issues.

06/15/09 S W Cooper 3.30 Telephone conference with counsel for Israel Opportunity

Fund; telephone conference with counsel for Midway

Investors; telephone conference with John Greer; reviewed

relevant documentation regarding same; worked on motion for

approval of Park Hill Group.

06/15/09 J M Greer 4.30 Drafted a summary of a proposed transaction for Phoenix Bay,

Inc.; phone calls with Martin Mann regarding Stanford's







222

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 156 of 377

Page 155









Hours Description

investment in the Israel Opportunity Fund; circulated

correspondence to representatives of Israel Opportunity Fund

and Midway CC Hotel Partners, L.P. tentatively accepting

offers to purchase Stanford's respective limited partner

interests; correspondence with working group members related

to private equity matters; phone call with Chuck Weiser

regarding Oasis Bank.

06/16/09 C N Adams 1.20 Telephone conference with Park Hill regarding private equity

matters; reviewing IOF correspondence; telephone conference

with John Greer regarding open issues.

06/16/09 J M Greer 6.90 Update call with representatives of Park Hill Group; prepared

and drafted a letter regarding Park Hill Group's authority to act

as a representative of the Receiver; reviewed and made

comments to a draft Motion to Appoint Private Equity Advisor;

responded to correspondence related to the private equity

portfolio.

06/17/09 C N Adams .40 Telephone conference with Kristie Blumenschein regarding

Phoenix Bay subordination agreement.

06/17/09 S W Cooper 1.10 Worked on private equity motion; telephone conference with

Russell Lewis regarding same; telephone conference with

counsel for Israel Opportunity Fund; reviewed correspondence

and documents regarding same.

06/17/09 J M Greer 5.10 Reviewed and made comments to a draft Purchase and Sale

Agreement regarding Stanford's investment position in the

Israel Opportunity Fund; reviewed and made comments to a

draft Motion to Appoint Private Equity Advisor; prepared

exhibits to the Motion to Appoint Private Equity Advisor;

phone calls with representatives of Park Hill Group;

correspondence with Keel Point regarding Phoenix Bay.

06/18/09 C N Adams .30 Telephone conference with John Greer regarding outstanding

private equity investments.

06/18/09 S W Cooper .80 Worked on issues regarding private equity motions.

06/18/09 J M Greer 3.20 Phone calls with Adrian Millan of Park Hill Group regarding

certain investments in the private equity portfolio;

correspondence with FTI regarding certain assets in the private

equity portfolio; prepared and drafted a timeline of negotiations

with Oasis Bank; phone call with Martin Mann regarding the

draft Israel Opportunity Fund Purchase Agreement;

correspondence with Kim Schlanger regarding Golden

Financial and Spring Creek.

06/18/09 J C Huddleston .70 Reviewed Puerto Rican property descriptions and located local

title company to perform title searches on same; corresponded







223

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 157 of 377

Page 156









Hours Description

with company to obtain estimate for services.

06/19/09 C N Adams .50 Reviewing Memphis Bio-Med offer.

06/19/09 S W Cooper .80 Worked on issues regarding Park Hill and deal approvals;

telephone conference with Russell Lewis regarding same.

06/19/09 J M Greer 2.60 Prepared and drafted a letter to the Shelby County Retirement

Board; phone call with Adrian Millan regarding Stanford's

investment in Memphis Biomed Ventures II, L.P.;

correspondence with Midway CC Hotel Partners, L.P.'s outside

counsel regarding the status of transaction documents;

correspondence with Park Hill regarding the proposed Motion

to Appoint Private Equity Advisor.

06/19/09 J C Huddleston .90 Corresponded with Iliana Rivera of the Title and Security

Group in San Juan in conjunction with coordinating title search

of properties on behalf of Park Hill Group; prepared Spring

Creek Partners materials for transmittal to Park Hill Group.

06/19/09 N M Starbuck 2.10 Prepared transaction binders and financial information for

Spring Creek/Trail Partners entities for transmittal to Larry

Thuet of Park Hill Group.

06/20/09 C N Adams .40 Reviewing draft letter to Park Hill.

06/21/09 C N Adams .70 Reviewing draft letter regarding Park Hill engagement;

reviewing draft purchase agreement for Israel Opportunity

Fund.

06/22/09 J M Greer 2.10 Correspondence and phone calls with Israel Opportunity Fund's

counsel regarding draft Purchase Agreement and related

Motion; correspondence with Shelby County Retirement

Board's counsel regarding Memphis Biomed Ventures II, L.P.

06/23/09 C N Adams 1.60 Telephone conference with John Greer regarding private equity

issues; reviewing Park Hill letter; telephone conference with

Bob Howell regarding sale of SIBL interests; telephone

conference with Joe Cialone regarding same.

06/23/09 S W Cooper .80 Worked with Russell Lewis and John Greer on approval

motions and issues regarding same.

06/23/09 J M Greer 7.00 Reviewed and made comments to the Park Hill Engagement

Letter; phone calls with Craig Adams to discuss the sale of

Stanford's interest in the Israel Opportunity Fund; reviewed and

made comments to draft Purchase and Sale Agreement related

to Stanford's limited partner interest in Midway CC Hotel

Partners, L.P.; phone call with Russell Lewis regarding various

motions to be filed with the Court; phone calls with Martin

Mann regarding the Israel Opportunity Fund.









224

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 158 of 377

Page 157









Hours Description

06/23/09 J C Huddleston .70 Corresponded with Iliana Rivera of the Title and Security

Group in San Juan and Jeannette Day of FTI Consulting in

conjunction with coordinating title search of Maricao

properties on behalf of Park Hill Group.

06/24/09 C N Adams 1.60 Telephone conference with John Greer and Bob Howell

regarding private equity investment in Israel Opportunity

Funds; telephone conference with Martin Mann and John Greer

regarding same; reviewing IOF offer; telephone conference

with John Greer regarding same.

06/24/09 S W Cooper 1.60 Worked on Park Hill and private equity approval motions;

telephone conference with John Greer and Russell Lewis

regarding same; telephone conference with John Greer on

Swiss asset sale.

06/24/09 J M Greer 4.80 Correspondence with Park Hill Group and Jaime Huddleston

related to Golden Financial Services; phone calls with Park Hill

Group related to certain items in the private equity portfolio;

reviewed and made comments to the Midway CC Hotel

Partners, L.P. purchase agreement; reviewed correspondence

related to The Ultimate Gift.

06/24/09 J C Huddleston 1.10 Corresponded with Iliana Rivera of the Title and Security

Group in San Juan and Jeannette Day of FTI Consulting in

conjunction with coordinating title search of Fajardo property

on behalf of Park Hill Group; reviewed file for requested stock

certificate information to be reviewed by attorney.

06/24/09 N M Starbuck .80 Searched Receivership file for stock certificates.

06/25/09 C N Adams 2.10 Telephone conference with Park Hill regarding portfolio

investments; reviewing engagement letter; reviewing IOF

purchase agreement; telephone conference with Marty Mann

and John Greer regarding Israel Opportunity Fund sale.

06/25/09 S W Cooper 1.60 Worked on private equity motions; telephone conferences with

John Greer and Russell Lewis; emailed with Kevin Sadler on

expedited consideration issues.

06/25/09 J M Greer 6.40 Conference call with Park Hill Group to discuss the status of

the private equity portfolio; phone call with Marty Mann to

discuss the Israel Opportunity Fund Purchase Agreement;

phone call with representatives of The Ultimate Gift to discuss

certain matters related to the management of the asset; phone

call with Craig Adams to discuss the Israel Opportunity Fund

and the related Purchase Agreement; internal correspondence

with the litigation team related to the proposed motion for

Stanford's sale of its interest in the Israel Opportunity Fund.









225

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 159 of 377

Page 158









Hours Description

06/25/09 J C Huddleston 4.00 Maintained and updated account holder Stipulated Partial

Release Summary information for attorney review; prepared

ARS reports and account holder confirmations for attorney

review; reviewed and compiled list of outstanding accounts.

06/25/09 N M Starbuck .80 Searched file for Trustmark Corporation stock certificate.

06/26/09 C N Adams 1.10 Telephone conference regarding bankruptcy issues with respect

to Israel Opportunity Fund sale; telephone conference with

Park Hill regarding issues relating to same; reviewing revisions

to purchase agreement.

06/26/09 S W Cooper 2.30 Telephone conferences with counsel for IOF; worked on issues

regarding transaction approvals; telephone conference with

Russell Lewis and John Greer regarding same; reviewed

reasonably equivalent value material.

06/26/09 J M Greer 1.70 Correspondence related to Stanford's proposed sale of its

interests in Israel Opportunity Fund I and II; phone calls with

Park Hill Group regarding the private equity portfolio.

06/26/09 Z T Pullin 5.00 Reviewed Stanford files for Notes and related materials.

06/26/09 E A Soderlund 1.80 Discussion with J. Ross followed by call with S. Cooper and R.

Lewis regarding "reasonably equivalent value" term in

contract, research and follow up email summarizing the law

regarding same.

06/28/09 C N Adams .40 Reviewing draft purchase agreement for Midway investment.

06/29/09 J A Cialone, II .50 Reviewed various private equity emails and materials; related

calls.

06/29/09 S W Cooper 1.30 Telephone conference with counsel for IOF; worked on

Midway motion; reviewed default notice.

06/29/09 J M Greer 1.10 Correspondence related to Stanford's investment in the Israel

Opportunity Fund; correspondence with Park Hill Group

regarding Stanford's investments in ACON-related funds.

06/29/09 J C Huddleston 1.30 Attention to Puerto Rican property searches in connection with

private equity investments.

06/30/09 C N Adams .90 Telephone conference with Park Hill regarding Israel

Opportunity Fund; telephone conference with counsel

regarding Forefront issues.

06/30/09 S W Cooper 1.80 Telephone conference with Park Hill regarding REV issue;

worked on Midway motion; drafted response letter to IOF

default notice; telephone conferences with John Greer.

06/30/09 J M Greer 3.30 Conference call with representatives of Baker Botts and Park

Hill Group regarding Israel Opportunity Fund; conference call







226

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 160 of 377

Page 159









Hours Description

and correspondence with Senesco's management regarding a

proposed equity raise and Stanford's right of first refusal;

reviewed correspondence related to Stanford's investment in

Golden Financial Services; reviewed and made comments to

draft Midway CC Hotel Partners, L.P. motion.

07/01/09 C N Adams .60 Reviewing response regarding IOF default notice; reviewing

Park Hill engagement letter.

07/01/09 S W Austin 1.90 Reviewed Motion regarding Israel Opportunity Fund; drafted

letter to Wes Loegering; circulated to Bill Stutts; sent e-mail

message to John Greer with questions.

07/01/09 S W Cooper 1.40 Worked on issues regarding approach to Jones Day on private

equity deals; finalized letter to IOF; emailed with IOF counsel

regarding default issue; revised Midway approval motion.

07/01/09 J M Greer 2.70 Phone call with Craig Adams to discuss private equity matters;

phone calls and correspondence with Park Hill Group

regarding Senesco, Israel Opportunity Fund and other matters

related to Stanford's private equity portfolio; correspondence

with Ernst & Young related to REDACTED

.

07/01/09 W F Stutts, Jr. .80 Reviewed question with Craig Adams regarding transfer of SIB

private equity interest and examined some underlying facts and

questions.

07/02/09 C N Adams .30 Telephone conference with John Greer regarding engagement

letter terms.

07/02/09 J M Greer 1.30 Phone calls with Park Hill Group to discuss its proposed

engagement letter and Stanford's investment in Israel

Opportunity Funds; reviewed and made comments to Park Hill

Group's proposed engagement letter.

07/03/09 C N Adams .50 Reviewing Midway purchase agreement.

07/03/09 S W Austin .30 Replied to successive questions from Bill Stutts regarding sale

of IOF I and IOF II securities.

07/03/09 J M Greer 1.80 Reviewed and made comments to the draft Midway CC Hotel

Partners, L.P. Sale and Purchase Agreement and form of

Assignment; correspondence with Bracewell & Giuliani

regarding the proposed Midway transaction.

07/05/09 C N Adams .40 Reviewing draft motion regarding sale of Midway interest.

07/06/09 J M Greer 1.70 Correspondence with ForeFront Holdings regarding its

document retention policy; correspondence with counsel for

Israel Opportunity Fund regarding draft Purchase Agreements;

phone calls and correspondence with Park Hill Group









227

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 161 of 377

Page 160









Hours Description

regarding its engagements letter and motion.

07/07/09 C N Adams 1.20 Conference with Larry Thuet regarding open private equity

matters; telephone conference with John Greer regarding same;

reviewing draft Midway purchase agreement.

07/07/09 J M Greer 2.60 Reviewed and made comments to a draft Purchase Agreement

regarding Stanford's investment in Memphis Biomed Ventures

II, L.P.; conference calls with Park Hill Group regarding

private equity matters; correspondence regarding

REDACTED ; correspondence

regarding Spring Creek with Ernst & Young.

07/08/09 C N Adams .60 Telephone conference with John Greer regarding comments to

Midway and IOF purchase agreements; reviewing comments to

Park Hill motion.

07/08/09 S W Austin 2.40 Revised letter to Jones Day regarding Israel Opportunity Fund;

circulated to John Greer, Craig Adams and Bill Stutts;

reviewed John Greer's comments and incorporated; further

changes to letter.

07/08/09 S W Cooper .30 Telephone conference with John Greer regarding private equity

issues; attended to Park Hill and IOF matters.

07/08/09 J M Greer 7.40 Correspondence with Senesco's management; reviewed and

made comments to a proposed letter to Jones Day regarding

Stanford's sale of its interest in Israel Opportunity Fund I, L.P.;

correspondence with counsel to Israel Opportunity Fund; phone

call and correspondence with Park Hill Group regarding the

private equity portfolio.

07/09/09 C N Adams 1.20 Telephone conference with Adrian Millan and John Greer

regarding Park Hill engagement letter; reviewing issues

regarding The Ultimate Gift; reviewing revised IOF purchase

agreement.

07/09/09 S W Austin .90 Revised letter further; briefly reviewed organizational

agreement for IOF I and sent e-mail message to John Greer

regarding more thorough review.

07/09/09 S W Cooper .30 Telephone conference with Michael Ah Koy; office conference

with John Greer on deal issues.

07/09/09 J M Greer 6.70 Reviewed correspondence related to the private equity

portfolio; participated on a conference call with Park Hill

Group regarding its engagement letter; reviewed and made

comments to proposed correspondence to Jones Day regarding

the proposed sale of Stanford's interest in Israel Opportunity

Fund I, L.P.; reviewed and made comments to the draft

Purchase Agreement for Memphis Biomed Ventures II, L.P.;









228

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 162 of 377

Page 161









Hours Description

conference call with Hugh Howser of ForeFront Holdings, Inc.

regarding the status of its wind-down.

07/09/09 W F Stutts, Jr. .40 Respond to inquiries from Ms. Austin regarding scope of

offered actions.

07/10/09 C N Adams 1.10 Telephone conference with Patria regarding investment

banking operations in Latin America to assist in bank sale;

reviewing revised IOF purchase agreement; reviewing Park

Hill motion and engagement letter.

07/10/09 S W Austin 1.20 E-mail message exchanges with John Greer regarding results of

his review of Purchase Agreement; revised letter further;

attention to issue of IOF I manager unable to send Purchase

Agreement; reviewed e-mail messages between Kristie

Blumenschein and Craig Adams regarding letter; sent e-mail

message to Craig Adams and Bill Stutts regarding alternatives.

07/10/09 S W Cooper .50 Revised IOF motion; office conference with Russell Lewis.

07/10/09 J M Greer .80 Conference call related to the Park Hill engagement letter;

finalized the Israel Opportunity Fund Purchase Agreements.

07/13/09 C N Adams .90 Telephone conference with Larry Thuet regarding private

equity issues; reviewing changes to IOF motion.

07/13/09 S W Cooper .40 Attended to IOF and Park Hill motions; office conference with

John Greer.

07/13/09 J M Greer 1.70 Phone calls and correspondence with Park Hill Group

regarding private equity matters; correspondence with Marty

Mann regarding Israel Opportunity Fund, LLC; correspondence

and phone calls with representatives of Midway CC Hotel

Partners, L.P.

07/14/09 C N Adams 1.50 Telephone conference with working group regarding proposed

sales; telephone conference with Kristie Blumenschein

regarding Park Hill engagement; telephone conference with

Park Hill regarding motion to approve advisor and approve

Israel Opportunity Fund; reviewing revised motion.

07/14/09 S W Austin 2.00 Reviewed materials in preparation for call regarding Israel

Opportunity Fund; participated in call with Ralph Janvey, Joe

Cialone, Kristie Blumenschein, Craig Adams, Bill Stutts and

others regarding two proposed Israel Opportunity Fund equity

sales.

07/14/09 J A Cialone, II .80 Attention to private equity emails and materials.

07/14/09 S W Cooper 4.10 Worked on revisions to Park Hill motion; worked on IOF

motion; telephone conferences with John Greer regarding

potential changes to motion; worked on consultation issues.









229

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 163 of 377

Page 162









Hours Description

07/14/09 J M Greer 4.20 Conference call with members of the working group to discuss

the proposed disposition of Stanford's interest in Israel

Opportunity Fund I, L.P.; conference call with Park Hill Group

to discuss matters related to the private equity portfolio;

correspondence with ForeFront Holdings and its counsel

concerning its efforts to wind down operations.

07/15/09 C N Adams 2.60 Telephone conference with Park Hill regarding

REDACTED ; telephone conference

with John Greer regarding related issues; reviewing revised

Midway purchase agreement; telephone conference with Hugh

Howser regarding Forefront issues.

07/15/09 S W Cooper 1.50 Responded to requests for further detail on motions; attended to

issues regarding Midway transaction.

07/15/09 J M Greer 4.50 Participated on a conference call with Park Hill Group to

discuss its recommendations with regard to several companies

in the private equity portfolio; correspondence with

representatives of The Ultimate Gift with regard to outstanding

invoices; correspondence with regard to filing the Motion to

Appoint Private Equity Advisor.

07/16/09 C N Adams .90 Telephone conference with Park Hill and Ralph Janvey

regarding recommended sales.

07/16/09 S W Cooper .40 Attended to issues regarding IOF and Midway filings.

07/16/09 J M Greer 1.10 Participated on a conference call with Park Hill Group, Ralph

Janvey, Kristie Blumenschein and others with regard to the

proposed disposition of several investments in the private

equity portfolio.

07/17/09 C N Adams 2.70 Reviewing Midway purchase agreement changes; reviewing

media reports regarding private equity portfolio valuation;

revising IOF motion to address; telephone conference with

John Greer regarding IOF; reviewing Midway motion.

07/17/09 J A Cialone, II .70 Attention to private equity issues.

07/17/09 S W Cooper 2.40 Finalized Midway motion; attended to issues regarding IOF

filing; emailed with Kevin Sadler regarding private equity

issues; telephone conference with David Reece at SEC.

07/17/09 J M Greer 3.20 Participated on phone calls with regard to the Park Hill Group

motion; reviewed correspondence and participated on phone

calls with regard to the proposed Israel Opportunity Fund and

Midway CC Hotel Partners motions; finalized the Purchase and

Sale Agreement with Midway T&C Land Investors, LLC.

07/20/09 C N Adams .70 Reviewing comments to Park Hill motion; telephone









230

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 164 of 377

Page 163









Hours Description

conference with Sam Cooper regarding same.

07/20/09 S W Cooper .70 Worked on IOF motion issues; office conference with John

Greer regarding same.

07/20/09 J M Greer 4.60 Finalized the Purchase and Sale Agreement with Midway CC

Hotel Partners, L.P.; revised motion regarding the Receiver's

proposed sale of the Receivership Estate's interest in Israel

Opportunity Fund I, L.P. and Israel Opportunity Fund II, L.P.;

participated on conference calls with regard to the Israel

Opportunity Funds; phone call with Park Hill Group regarding

Senesco and several other portfolio companies.

07/21/09 C N Adams 1.20 Reviewing revised IOF and Midway motions; telephone

conference with John Greer regarding same.

07/21/09 S W Cooper 1.70 Attended to further revisions to IOF and Midway motions;

attended to responses from other counsel regarding same;

communicated with SEC regarding same; office conference

with Russell Lewis regarding next steps.

07/21/09 J M Greer 4.10 Finalized motion regarding the Estate's proposed sale of its

interest in Midway CC Hotel Partners, L.P.; reviewed and

made comments to a proposed Letter of Intent submitted by

interested parties in Senesco Technologies, Inc.; phone calls

and correspondence with Park Hill Group related to the private

equity portfolio; reviewed correspondence related to the Israel

Opportunity Fund motion.

07/21/09 J T Leslie .20 Telephone conference with John Greer regarding Dallas Gold

and Silver Exchange.

07/22/09 C N Adams .40 Reviewing REDACTED purchase agreement.

07/22/09 S W Cooper .50 Attended to consultation issues on Midway motion; emailed

with David Reece (SEC) regarding same.

07/22/09 J M Greer 2.00 Phone calls with Park Hill Group regarding certain portfolio

companies; prepared and drafted acceptance letters

REDACTED ; reviewed

correspondence and participated on phone calls regarding the

proposed motion to sell the Estate's interest in Midway CC

Hotel Partners, L.P.

07/22/09 J T Leslie .70 Review of DGSE materials.

07/23/09 C N Adams .70 Reviewing Senesco LOI; telephone conference with John Greer

regarding same; reviewing acceptance letter.

REDACTED









07/23/09 J M Greer 3.50 Prepared and drafted a Purchase and Sale Agreement

REDACTED

; correspondence with Health Systems









231

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 165 of 377

Page 164









Hours Description

Solutions; phone calls and correspondence with Park Hill

Group regarding portfolio companies; correspondence related

to Senesco Technologies, Inc.

07/23/09 J T Leslie 1.30 Telephone conference with Paul Montgomery regarding

DGSE; office conferences with Adora Asoyne regarding

REDACTED .

07/24/09 C N Adams .40 Reviewing comments to REDACTED purchase agreement.

07/24/09 S W Cooper .80 Reviewed oppositions to private equity motions; reviewed

examiner's comments; emailed regarding same.

07/24/09 J M Greer 3.80 Revised a Letter of Intent REDACTED



to reflect internal comments; reviewed correspondence and

motions opposing the proposed sale of the Estate's interest in

the Israel Opportunity Funds; prepared and drafted acceptance

letters related to the Estate's investments in Insound Medical

and REDACTED ; phone calls and

correspondence with Park Hill Group regarding private equity

matters.

07/24/09 J T Leslie .40 Telephone conference and office conference with Adora

Asoyne regarding REDACTED .

07/24/09 C W Rancher 1.20 Drafted purchase and sale agreement for sale REDACTED

by Stanford International Bank, Ltd.

07/26/09 J M Greer 1.00 Prepared and drafted a Purchase and Sale Agreement

REDACTED .

07/27/09 S W Cooper 1.10 Attended to issues regarding comments from John Little;

attended to request for expedited relief; reviewed opposition

filings on PHG and IOF motions.

07/27/09 J M Greer 1.90 Prepared and drafted acceptance letters for Insound Medical,

Inc. REDACTED ; participated on phone

calls with Park Hill Group regarding the private equity

portfolio; phone call with Bruce Galton of Senesco

Technologies, Inc.; reviewed the Antiguan receiver's

opposition to the Receiver's motion to appoint Park Hill Group

as private equity advisor.

07/27/09 J T Leslie .10 Office conference with John Greer regarding DGSE.

07/28/09 C N Adams .40 Reviewing Senesco documents.

07/28/09 S W Cooper 2.10 Telephone conference with John Little; office conference with

John Greer on response to requests; reviewed additional

information from PHG on IOF transaction; attended to issues

raised by next set of potential sales.









232

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 166 of 377

Page 165









Hours Description

07/28/09 J M Greer 2.10 Circulated draft Purchase and Sale Agreements to the Shelby

Country Retirement Board and Senesco Technologies, Inc;

phone calls with Park Hill Group with regard to private equity

matters; phone call with John Little to discuss the Israel

Opportunity Fund and Midway CC Hotel Partners motions.

07/28/09 C W Rancher 1.90 Drafted purchase and sale agreement for preferred shares of

Insound Medical, Inc.

07/29/09 S W Cooper 2.00 Telephone conference with PHG; worked on issues arising out

of impact of clawback motion on IOF transaction; office

conference with Kevin Sadler regarding same.

07/29/09 J M Greer 3.70 Phone call with Park Hill Group regarding private equity

matters; reviewed correspondence regarding the Israel

Opportunity Fund; reviewed REDACTED analysis regarding the

Estate's investment in Health Systems Solutions; prepared and

drafted a Purchase and Sale Agreement for Insound Medical,

Inc.

07/29/09 J T Leslie 1.40 Reviewed corporate documents of DGSE for change of control

and transfer restriction provisions.

07/30/09 C N Adams .70 Reviewing draft REDACTED Insound purchase agreements.

07/30/09 S W Cooper .20 Telephone conference with Park Hill regarding IOF issues.

07/30/09 J M Greer 1.20 Conference call to discuss the status of the Israel Opportunity

Fund transaction and the effect of the clawback claim; phone

call with Clark Thompson regarding the status of the Receiver's

motion to sell the Estate's interest in Midway CC Hotel

Partners, L.P.; phone call with Park Hill Group to discuss

private equity matters; prepared and drafted Purchase and Sale

Agreements' for Insound Medical, Inc. REDACTED

.

07/30/09 J T Leslie 3.70 Reviewed DGSE corporate documents to find transfer

restrictions; compiled a summary of transfer restrictions and

submitted to John Greer.

07/31/09 S W Cooper .80 Worked on issues regarding upcoming transactions.

07/31/09 J M Greer .20 Phone call with representatives of Health Systems Solutions,

Inc. and Park Hill Group to discuss the draft Purchase and Sale

Agreement.

08/03/09 S W Cooper .70 Attended to issues regarding IOF and upcoming transactions.

08/03/09 J M Greer 1.10 Reviewed comments to the draft Purchase and Sale

Agreements REDACTED

; phone call with Park Hill Group regarding

the status of the portfolio companies; correspondence with







233

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 167 of 377

Page 166









Hours Description

representatives of Midway CC Hotel Partners regarding the

status of the court motion.

08/03/09 J T Leslie .10 Coordination with respect to DGSE document review.

08/04/09 C N Adams 1.20 Reviewing Senesco and HSS agreements; telephone conference

with Sam Cooper regarding Midway and IOF sales; telephone

conference with John Greer regarding private equity issues.

08/04/09 S W Cooper 1.00 Telephone conference with Craig Adams regarding IOF

transaction; telephone conference with Kevin Sadler regarding

same; telephone conference with John Greer; telephone

conference with Adrian Millan at Park Hill.

08/04/09 J M Greer 1.40 Conference call with Park Hill regarding private equity

matters; correspondence with management of several portfolio

companies; phone call with Sam Cooper to discuss Israel

Opportunity Fund.

08/05/09 C N Adams .40 Reviewing Memphis Bio-Med agreement; reviewing TUG cash

flow; reviewing DGSE offer.

08/05/09 S W Cooper .70 Worked on upcoming transactions.

08/05/09 J M Greer 1.30 Reviewed correspondence regarding The Ultimate Gift LLC;

reviewed Park Hill Group's summary of Stanford's investment

in Dallas Gold & Silver Exchange; correspondence with John

Ryder regarding Stanford's interest in Memphis Biomed

Ventures II, L.P.; phone call with Park Hill Group to discuss

private equity matters.

08/06/09 C N Adams .90 Telephone conference with John Greer regarding Senesco

purchase agreement; reviewing same; Park Hill update call.

08/06/09 S W Cooper 1.60 Reviewed Park Hill data sheets on new deals; commented on

same; office conference with John Greer; telephone conference

with Park Hill regarding process matters.

08/06/09 J M Greer 2.10 Phone call with Senesco's counsel regarding the proposed

Purchase and Sale Agreement; reviewed a motion opposing the

appointment of Park Hill Group; phone call with Park Hill

Group to discuss support for upcoming motions;

correspondence with Health Systems Solutions regarding the

status of the Purchase and Sale Agreement; phone call with

Ralph Janvey and Park Hill Group to discuss

REDACTED ; attended to

miscellaneous projects.

08/06/09 R C Lewis 1.20 Reviewed information on additional equity divestments in

anticipation of drafting motion on same; conference with John

Greer regarding same.









234

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 168 of 377

Page 167









Hours Description

08/07/09 C N Adams .50 Reviewing draft SSM letter; telephone conference with John

Greer regarding same.

08/07/09 S W Cooper 2.20 Worked on issues regarding upcoming private equity deals;

office conference with Kevin Sadler regarding same; reviewed

oppositions on IOF and Park Hill motions.

08/07/09 J M Greer 2.40 Phone call with Park Hill Group to discuss back-up

information; phone call and correspondence with the litigation

group regarding a motion to sell certain assets in the private

equity portfolio; prepared and drafted an acceptance letter for

REDACTED .; prepared and drafted a

Purchase and Sale Agreement for REDACTED

; attended to miscellaneous projects.

08/07/09 R C Lewis 5.20 Reviewed additional information on pending financial

transactions; began drafting motion to approve Memphis

Biomed and InSound transactions.

08/09/09 S W Cooper .30 Attended to issues regarding Memphis Biomed and InSound

investments.

08/09/09 R C Lewis 2.30 Drafted motion to approve sale of InSound and Memphis

Biomed investments.

08/10/09 C N Adams .80 Reviewing SSM summary; telephone conference with Larry

Thuet regarding private equity issues.

08/10/09 S W Cooper 1.60 Telephone conference with Adrian Millan; worked on private

equity issues for potential upcoming sales; telephone

conference with Kevin Sadler.

08/10/09 J M Greer 2.40 Phone calls with Park Hill Group regarding back-up material

and the status of certain transactions; phone calls with Sam

Cooper and Russell Lewis to discuss draft motions for the

proposed sale of Stanford's interest in certain portfolio

companies; phone call with Craig Adams to discuss Insound

Medical, Inc.; reviewed comments from SightLine Partners

with regard to its proposed purchase of Stanford's interest in

Insound Medical, Inc.

08/10/09 R C Lewis 2.20 Drafted motion to approve InSound and Memphis Biomed

investments; conferences with Sam Cooper and John Greer

regarding same.

08/11/09 C N Adams .40 Reviewing HSS correspondence; telephone conference with

John Greer regarding same; reviewing lease information

regarding Forefront.

08/11/09 S W Cooper .60 Reviewed Memphis Biomed material; office conference with

John Greer and Russell Lewis regarding upcoming deals.









235

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 169 of 377

Page 168









Hours Description

08/11/09 J M Greer .40 Phone call with John Houston regarding Sightline Partners

proposed purchase of Stanford's interest in Insound Medical;

phone call with Park Hill Group regarding Memphis Biomed.

08/11/09 R C Lewis 2.30 Drafted Motion to Approve Sale; reviewed new information

received from Park Hill Group regarding potential investments;

conference with Sam Cooper regarding same; revised and

prepared Motion for Extension for filing.

08/12/09 C N Adams .50 Reviewing InSound and REDACTED purchase agreements.

08/12/09 S W Cooper .90 Telephone conference with Adrian Millan on material to

support private equity motions; office conference with John

Greer regarding same; telephone conference with Marty Mann

on IOF motion.

08/12/09 J M Greer 1.50 Reviewed Park Hill Group's Memphis Biomed write-up; phone

call with Sam Cooper regarding Park Hill Group;

correspondence with Craig Adams regarding private equity

matters; attended to miscellaneous projects.

08/12/09 R C Lewis 1.50 Drafted and revised Motion for Sale of InSound and Memphis

Biomed based on new Park Hill comments.

08/13/09 C N Adams .80 Reviewing private equity transactions with Ralph Janvey.

08/13/09 S W Cooper .20 Office conference with Russell Lewis on Memphis Biomed

issues.

08/13/09 J M Greer 1.10 Phone call with Craig Adams and Ralph Janvey regarding

private equity matters and draft Purchase and Sale Agreements;

phone call with Park Hill Group regarding private equity

matters; correspondence with the litigation team regarding

motions seeking the Court's approval for sale of certain private

equity interests.

08/13/09 R C Lewis 2.00 Reviewed additional information sent from Park Hill Group on

private equity interests; conference with John Greer regarding

same.

08/14/09 C N Adams .40 Teleconference with Stan Lipman regarding Reignmaker

investment; reviewing documents regarding same.

08/14/09 J M Greer .60 Phone call with Park Hill Group regarding private equity

matters; phone call with representatives of Health Systems

Solutions regarding the Purchase and Sale Agreement.

08/14/09 R C Lewis 5.60 Reviewed information from Park Hill; drafted Motion for Sale

of Memphis Biomed; began drafting reply to Stanford's

Opposition to Appointment of Park Hill; reviewed briefing in

anticipation of same.









236

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 170 of 377

Page 169









Hours Description

08/15/09 S W Cooper .50 Reviewed and revised response draft to opposition to Park Hill

motion; office conference with Russell Lewis regarding same.

08/16/09 C N Adams .30 Reviewing background of eLandia investment; reviewing

Panama loan issue.

08/17/09 C N Adams .50 Reviewing reply to Park Hill objection; telephone conference

with team regarding pending private equity motions.

08/17/09 J A Cialone, II 1.00 Calls and emails about Park Hill.

08/17/09 S W Cooper 1.20 Attended to issues regarding Park Hill filing; telephone

conference with Marty Mann regarding IOF filing; reviewed

material on Catalyst investment.

08/17/09 J M Greer 2.10 Discussions with Park Hill Group regarding status of motions

and purchase and sale agreements and Luminex; reviewed and

made comments to a draft Assignment Agreement regarding

REDACTED ; phone call with Brad

Freels of Midway CC Hotel Partners, L.P. regarding the status

of the motion filed with the Court and the outstanding capital

call; attended to miscellaneous projects.

08/18/09 C N Adams .50 Telephone conference with John Greer regarding private equity

issues; attention to Memphis Bio-Med offer; telephone

conference with Kristie Blumenschein regarding outstanding

offers.

08/18/09 S W Cooper .30 Telephone conference with Adrian Millan at Park Hill Group.

08/18/09 J M Greer 1.20 Prepared and drafted a table summarizing private equity offers

the Receivership Estate has received to date; phone calls with

Park Hill Group regarding the status of the

REDACTED InSound Medical's

respective Purchase and Sale Agreement.

08/18/09 R C Lewis 4.20 Reviewed new filings in SEC matter; drafted motions to sell

private equity interests; reviewed new information from Park

Hill Group regarding same.

08/19/09 C N Adams 1.10 Reviewing Senesco purchase agreement; reviewing status of

pending private equity deals; reviewing draft reply brief;

telephone conference with Sam Cooper regarding same.

08/19/09 S W Cooper 1.70 Worked on Park Hill response; emailed with Kristie

Blumenschein regarding same; worked on Memphis Biomed

and In Sound motions.

08/19/09 J M Greer 2.30 Phone calls and e-mail correspondence with Park Hill Group

regarding REDACTED and

InSound Medical; revised Purchase and Sale Agreements for

and InSound







237

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 171 of 377

Page 170









Hours Description

Medical to reflect comments from Kristie Blumenschein;

attended to miscellaneous projects.

08/20/09 C N Adams 2.60 Telephone conference with John Greer regarding comments to

purchase agreements; telephone conference with Kristie

Blumenschein regarding same; telephone conference with Park

Hill and Ralph Janvey regarding pending private equity deals;

reviewing terms for proposed sales.

08/20/09 S W Cooper 3.10 Worked on InSound and Memphis Biomed motions; telephone

conference with Adrian Millan regarding same; participated in

call with PHG on upcoming deals; reviewed REDACTED

agreement language.

08/20/09 J M Greer 7.80 Revised draft Purchase and Sale Agreements for

REDACTED and InSound Medical;

circulated draft Purchase and Sale Agreements to prospective

buyers; conference call with representatives of InSound

Medical to review the Purchase and Sale Agreement; phone

call with Michael Levine of Health Systems Solutions to

review the Purchase and Sale Agreement; phone call with Park

Hill Group to discuss private equity matters; attended to

miscellaneous projects.

08/20/09 R C Lewis 2.80 Phone conference with Park Hill group regarding status of

private equity investments; revised motions for sale of private

equity interests to include comments from same; prepared and

filed Reply to Opposition to Appoint Private Equity Advisor.

08/21/09 C N Adams .90 Telephone conference with John Greer regarding comments to

purchase agreements; telephone conference with Richard

Roper regarding eLandia investment.

08/21/09 S W Cooper .80 Attended to issues regarding Midway default issue.

08/21/09 J M Greer 1.10 Phone call with Charles Jewell to discuss the REDACTED

draft Purchase and Sale Agreement; reviewed

draft private equity schedule; reviewed and made comments to

draft Purchase and Sale Agreement for REDACTED ;

attended to miscellaneous projects.

08/21/09 C W Rancher 3.10 Drafted Purchase and Sale Agreements for REDACTED





.

08/22/09 C N Adams .70 Reviewing motion to approve InSound and Memphis Bio-Med

deals; reviewing private equity schedule for production to SEC.

08/22/09 S W Cooper .20 Emailed with Kevin Sadler on Midway issue.

08/23/09 S W Cooper .50 Drafted talking points on Midway issue.









238

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 172 of 377

Page 171









Hours Description

08/23/09 R C Lewis 4.50 Reviewed additional information from Park Hill Group

concerning private equity investments; began drafting motion

for sale of HSS investments.

08/24/09 C N Adams 3.20 Telephone conference with Ralph Janvey, Richard Roper and

Park Hill regarding eLandia issues; reviewing SEC filings

regarding same; telephone conference with Kristie

Blumenschein regarding same; telephone conference with Sam

Cooper regarding status of private equity motions; telephone

conference with Senesco counsel regarding changes to

purchase agreement; reviewing same; reviewing draft motion

for sale of private equity interests; telephone conference with

Kristie Blumenschein regarding schedule of private equity

interests.

08/24/09 S W Cooper .90 Office conferences with Kevin Sadler on Midway and IOF

issues; revised talking points; office conference with Craig

Adams regarding same.

08/24/09 J M Greer 1.30 Prepared and drafted a Purchase and Sale Agreement for

REDACTED .

08/24/09 R C Lewis .60 Revised motion for sale of InSound and MBV to include

additional comments.

08/25/09 C N Adams .60 Reviewing draft purchase agreement for REDACTED ;

reviewing New Dominion purchase agreement; reviewing

eLandia materials.

08/25/09 S W Cooper .70 Worked on HSS issues; telephone conference with Park Hill

regarding same; telephone conference with Kevin Sadler

regarding Midway and IOF.

08/25/09 J M Greer 2.60 Prepared and drafted Purchase and Sale Agreements for

REDACTED ; correspondence with

Memphis Biomed regarding the Purchase and Sale Agreement

with Shelby County.

08/26/09 C N Adams .80 Reviewing orders regarding Midway and IOF; preparing for

closing of Midway sale.

08/26/09 S W Cooper 1.00 Worked on Memphis Biomed and InSound issues.

08/27/09 C N Adams 1.50 Telephone conference with Larry Thuet and Adrian Millan

regarding eLandia investment; reviewing Midway closing

documents; telephone conference with counsel regarding same;

reviewing Spring Creek purchase agreement.

08/27/09 S W Cooper 1.60 Telephone conference with Park Hill; reviewed and

commented on material on HSS; telephone conference with

Craig Adams on IOF and Senesco; attended to revisions to









239

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 173 of 377

Page 172









Hours Description

Memphis Biomed and In Sound.

08/27/09 J M Greer 2.80 Prepared and drafted a Purchase and Sale Agreement for

REDACTED ; revised the REDACTED

Purchase and Sale Agreement to reflect the terms of the Letter

of Intent; correspondence with Park Hill Group regarding

private equity matters.

08/28/09 C N Adams .50 Attention to Midway closing; correspondence with Kristie

Blumenschein regarding InSound transaction.

08/28/09 S W Cooper .50 Attended to HSS issues.

08/29/09 C N Adams .80 Reviewing InSound and Memphis Bio-Med motion.

08/30/09 C N Adams .30 Reviewing Midway closing documents.

08/31/09 C N Adams .60 Attention to Midway closing and agreement; telephone

REDACTED







conference with John Greer regarding open issues.

08/31/09 S W Cooper 1.00 Reviewed and revised motions on InSound, , and MBV;

REDACTED







telephone conferences with Marty Mann regarding open IOF

issues.

08/31/09 J M Greer 3.90 Prepared and drafted a Purchase and Sale Agreement for

REDACTED ; phone call with Park Hill

Group regarding private equity matters; correspondence with

Memphis Biomed and its counsel regarding the draft Purchase

and Sale Agreement; reviewed and made comments to the

REDACTED draft motion; correspondence with

Craig Adams regarding private equity matters; attended to

miscellaneous projects.

Matter Total 411.10





079716.0113 Receivership Corporate Matters

Hours Description

06/01/09 C N Adams 1.30 Attention to office closure issues; coordinating transfer of legal

files and other materials to Houston; attention to claims issues;

telephone conference with Malcolm Lovett regarding same.

06/01/09 J T Leslie 1.40 Telephone conferences with Craig Adams regarding the St.

Croix shipment; coordination for the St. Croix shipment;

attended to project coordination and tasks.

06/01/09 N M Starbuck 3.50 Assisted in the preparation for shipment of St. Croix

documents.

06/01/09 W F Stutts, Jr. .30 Reviewed information on claims on web side and reviewed

information from J. Thomas regarding that status and the









240

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 174 of 377

Page 173









Hours Description

information provided and received.

06/02/09 C N Adams 2.80 Telephone conference with working group regarding claims

processes; emails with claimants regarding receivership claims;

attention to delivery of St. Croix properties; telephone

conference with Stanford counsel regarding same; attention to

cash management issues.

06/02/09 J A Cialone, II .50 Attention to cash and account reports; calls with Stanford's

lawyers about personal effects and St. Croix properties;

attention to Vijay Singh issues and payments.

06/02/09 J T Leslie .60 Coordinated for the Tupelo office closing.

06/02/09 C W Rancher .90 Corresponded with J. Day of FTI and A. Galioto of Bank of

New York Mellon to release a wire payment held by the Bank

of New York Mellon's legal department.

06/03/09 C N Adams .80 Attention to files shipped from St. Croix; telephone conference

with Steve Lindstrom regarding same; receiving settlement

agreement; attention to suite lease.

06/03/09 J A Cialone, II 2.00 Prepared for and participated in extended meetings at

Receiver's office to cover multiple issues; attention to Houston

Rockets contract and Examiner questions; reviewed E&Y

financial statements, and emails related thereto.

06/03/09 J T Leslie .70 Telephone conference with Charlie Gale regarding Tupelo

office closure.

06/03/09 N M Starbuck 1.60 Updated receivership log to include employee responses to

requests for information; forwarded receivership

correspondence to C. Adams and R. Janvey.

06/04/09 C N Adams 2.90 Telephone conference with Joe Cialone regarding

REDACTED ; telephone conference with Steve

Lindstrom, Fred Fram and others regarding shipment of items;

telephone conference with Stanford counsel regarding

shipment of items; telephone conference with Jeanette Day

regarding claims; attention to payables.

06/04/09 J A Cialone, II 1.40 Planned meetings with Stanford lawyers to address personal

effects issues and other issues related to St. Croix.

06/04/09 J T Leslie .10 Attended to issues involving the Tupelo office closure.

06/04/09 N M Starbuck .60 Located correspondence re: Andrea Stoelker's counsel.

06/05/09 C N Adams 2.40 Telephone conference with bank regarding possible funds

available; attention to St. Croix shipment; reviewing invoices

for shipment; attention to agreement regarding return of wire

sent after receivership; reviewing contracts for Receiver's

signature; reviewing emails to receiver regarding claims;







241

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 175 of 377

Page 174









Hours Description

reviewing issues regarding office closures.

06/05/09 J A Cialone, II 1.70 Prepared for and participated in extended conference call with

team regarding various administrative and litigation issues;

attention to FTI imagining questions and control of work,

expenses; responding to lawyers for Andrea Stoelker

throughout the day; attention to asset sales complaints and

procedures; related calls and emails; calls and emails with

E&Y about financial statement preparation and ongoing work,

and efforts to control expenses.

06/05/09 J T Leslie 2.10 Telephone conference with Charlie Gale regarding the Tupelo

office closure; coordinated for receivership financial records;

coordinated for the Tupelo office closure.

06/07/09 C N Adams 1.30 Reviewing email claims; correspondence with Malcolm Lovett

regarding same.

06/08/09 C N Adams 2.30 Attention to cash management issues; reviewing materials

regarding American Express claims; attention to St. Croix

shipment issues.

06/08/09 J A Cialone, II 1.60 Extended call with Receiver about various routine and some

material topics related to the running of the Receivership;

emails from Examiner requesting additional work by Receiver

team, and considered appropriate responses thereto.

06/08/09 J T Leslie .40 Coordinated the Tupelo office closure.

06/09/09 C N Adams 2.20 Attention St. Croix property issues; reviewing St. Croix

shipping charges; reviewing claims regarding employee

bounced checks; reviewing payables; reviewing claims.

06/09/09 J A Cialone, II 1.50 Reviewed current drafts of FTI, Receiver, and other

declarations and papers; attended meeting with Davis and

Lovett; calls and emails about potential affirmative claims;

attention to St. Croix property issues.

06/09/09 J T Leslie .20 Coordinated the Tupelo office closure.

06/10/09 C N Adams 2.70 Telephone conference with EY regarding task list; revising St.

Croix inventory; reviewing property insurance issues;

reviewing claims issues; telephone conference with Malcolm

Lovett regarding outstanding receivership issues; reviewing

issues regarding yachts.

06/10/09 J A Cialone, II 1.90 Attention to TK input and communications; attention to

FINRA issues and prepared for conference call.

06/10/09 J T Leslie .60 Coordinated the Tupelo office closure; attended to other project

tasks.









242

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 176 of 377

Page 175









Hours Description

06/10/09 N M Starbuck 1.80 Forwarded correspondence to designated individuals/entities at

the guidance of J. Greer.

06/10/09 H C Tucker .50 Drafted a letter to REDACTED

.

06/11/09 C N Adams 3.10 Attention to St. Croix issues; revising letter to counsel for

Stanford; telephone conference with Joe Cialone regarding

same; reviewing invoices; reviewing asset sale protocol issues.

06/11/09 J A Cialone, II 1.50 Attention to Stanford demands for personal assets, including

calls and emails; attention to asset sales issues and procedures;

calls and emails with Doty about various issues.

06/11/09 J T Leslie .30 Telephone conference with Malcolm Lovett regarding project

coordination.

06/12/09 C N Adams 2.40 Reviewing custody forms for St. Croix materials; telephone

conference with Kristie Blumenschein regarding same;

reviewing inventory; telephone conference with Malcolm

Lovett regarding payable issue; reviewing claims against

receivership.

06/12/09 J A Cialone, II 1.20 Attention to Receiver matters.

06/12/09 S Jampala .50 Checked extranet and shared drive.

06/12/09 N M Starbuck 3.60 Assembled chain of custody reports for items received from

RAS' St. Croix residence; sorted correspondence in preparation

for delivery to designated parties.

06/14/09 J A Cialone, II 1.10 Assembled and organized materials for use in asset sales

process; reviewed cash report and prognosis for additional cash

and assets based on alternative scenarios.

06/15/09 C N Adams 2.20 Reviewing payable issues; telephone conference with Jeanette

Day regarding same; telephone conference with Malcolm

Lovett regarding open issues; reviewing correspondence to

receiver; reviewing asset sale protocols.

06/15/09 J A Cialone, II 1.60 Attention to requests for employee lists and developed a

response.

06/15/09 J T Leslie .20 Attended to project coordination.

06/15/09 N M Starbuck 2.90 Forwarded correspondence to designated individuals/entities at

the request of C. Adams.

06/15/09 H C Tucker .30 Assisted with drafting a letter to Mr. Singh.

06/16/09 C N Adams 3.00 Attention to liquidation of assets; reviewing asset sale protocol;

attention to St. Croix shipment issues; telephone conference

with Malcolm Lovett regarding open issues; telephone









243

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 177 of 377

Page 176









Hours Description

conference with Kristie Blumenschein regarding receivership

issues; reviewing hanger offer letters; reviewing claims;

reviewing payables.

06/16/09 J A Cialone, II 1.30 Attention to Stanford's various demands; meetings, calls and

emails throughout the day with Receiver and team.

06/16/09 J T Leslie 2.20 Reviewed claims and demands in connection with the office

closures; coordinated claims and demands; reviewed

documents related to the Tupelo office closure; completed

other project tasks.

06/16/09 N M Starbuck 2.40 Forwarded correspondence to designated individuals/entities at

the request of C. Adams; reviewed SGC media for RAS

speeches and SIBL information.

06/17/09 C N Adams 2.70 Reviewing claims correspondence to receiver; reviewing offers

to purchase yachts; reviewing issues regarding asset sales;

attention to information to be posted on website; reviewing

press release; telephone conference with Pierpont regarding

same.

06/17/09 J A Cialone, II 1.50 Worked on scheduling and staffing issues; reviewed budget

and plan of work; worked with Receiver on various

management issues; attention to Stanford's counsel changes

and considered consequences to schedule and asset deliveries

and dispositions.

06/17/09 J T Leslie .40 Reviewed documents related to the Tupelo office closures.

06/18/09 C N Adams 2.70 Reviewing insurance issues; reviewing issues regarding St.

Croix security; reviewing payables issues; telephone

conference with Malcolm Lovett regarding receivership claims;

reviewing employee accounts for release.

06/18/09 J A Cialone, II .30 Meetings, calls and emails throughout the day with Receiver

and various team members concerning document protocol and

production; attention to bankruptcy and related issues; attention

to media and other disclosure issues; attention to affirmative

claims asserted in lawsuits; attention to cash status and

prognosis; attention to account release and protocol; reviewed

Little's email requests and discussed handling.

06/19/09 C N Adams 1.50 Reviewing claims issues; telephone conference with Malcolm

Lovett regarding same.

06/19/09 J A Cialone, II 1.70 Worked on staffing and budgeting issues; reviewed emails

relating to asset collection and disposal efforts.

06/19/09 N M Starbuck 1.80 Updated production log and Receivership file index.

06/20/09 C N Adams .70 Reviewing FTI data regarding cash and asset identification.









244

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 178 of 377

Page 177









Hours Description

06/20/09 J A Cialone, II 1.10 Attention to EY and FTI issues.

06/21/09 C N Adams .40 Reviewing claims against the estate.

06/21/09 J A Cialone, II .50 Worked on various issues related to Stanford's demand for

return of or access to personal property.

06/22/09 C N Adams 3.60 Reviewing asset sale issues; telephone conference with

working group regarding same; telephone conferences with

Jeanette Day regarding payable issues.

06/22/09 J A Cialone, II .70 Calls and emails about routine receivership business.

06/22/09 J T Leslie .50 Attended to security matters with the Frizell Group; provided

information regarding Stanford entities to Craig Adams and

Shelley Austin; completed other project tasks.

06/22/09 N M Starbuck .90 Logged additional items obtained for Receivership file;

updated index for Receivership correspondence.

06/23/09 C N Adams .90 Reviewing claims issues; telephone conference with Malcolm

Lovett regarding same; telephone conference with Jeanette Day

regarding same.

06/23/09 J A Cialone, II .60 Emails and calls about criminal issues.

06/23/09 J C Huddleston .10 Attention to Stanford Financial Receivership mail distribution.

06/23/09 N M Starbuck 1.80 Communicated with S. Vidal Pope, SFGC Miami, re:

REDACTED

; revised Receivership production log; updated

document log to include additional correspondence and SIBL

financial information.

06/24/09 C N Adams .80 Reviewing payables for receivership; review of claims issues.

06/24/09 J A Cialone, II .80 Reviewed V.J. Singh issues.

06/24/09 J M Greer .20 Reviewed correspondence related to the receivership.

06/24/09 J T Leslie .20 Telephone conference with Susie Strong of the Frizell Group

regarding security invoices.

06/24/09 N M Starbuck .90 Filed correspondence and delivered to designated individuals.

06/25/09 C N Adams 1.10 Telephone conference with Jeanette Day regarding payable

issues; reviewing outstanding claims; telephone conference

with Steve Lindstrom regarding security issues.

06/25/09 J A Cialone, II .90 Various routine calls and emails with Receiver team.

06/25/09 J C Huddleston .70 Attention to mail received from Miami office; communicated

new address for communications to Javier Bermerdez in

Columbia.









245

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 179 of 377

Page 178









Hours Description

06/25/09 N M Starbuck 1.50 Prepared chain of custodies and received and processed

correspondence received from S. Pope of SFGC Miami;

contacted J. Bermerdez re: Colombian correspondence.

06/26/09 J A Cialone, II 1.80 Calls and emails throughout the day with Receiver and team

related to coins, accounts, litigation and other routine matters.

06/26/09 J C Huddleston 1.80 Reviewed secure room contents for James Davis passports.

06/26/09 M C Hurd .90 Corresponded with Adams and Tom Leslie regarding

REDACTED ; reviewed Stanford

production requests for any related to St. Croix shipment.

06/26/09 N M Starbuck 2.30 Prepared chain of custody and coordinated for delivery of

materials from A. Stoelker's St. Croix office; assisted in

conveyance of Stanley Melcer Irrevocable Trusts; prepped

correspondence for delivery to designated recipients.

06/27/09 J A Cialone, II 1.50 Considered various alternative strategies to maximize return to

receivership estate; related calls and emails.

06/27/09 Z T Pullin 6.00 Organized Stanford material concerning respecting

intercompany loans.

06/28/09 J A Cialone, II 1.10 Reviewed and considered affirmative claims.

06/29/09 C N Adams 1.10 Reviewing claims issues; reviewing offers for estate assets;

telephone conference with Malcolm Lovett regarding insurance

coverage issues; reviewing payables.

06/29/09 J A Cialone, II 1.40 Reviewed pinata slide and considered sources of funds and

assets.

06/29/09 M C Hurd 3.20 Corresponded with Craig Adams and Steve Lindstrom

regarding REDACTED ;

reviewed documents in St. Croix shipment and coordinated

preparation for shipment pickup; reviewed documents received

from closure of Dallas office.

06/29/09 S A Massad 1.00 Reviewed and commented on memorandum regarding 510(b)

issue; conference call and e-mail correspondence regarding

same.

06/29/09 Z T Pullin 10.20 Organizing binders on Stanford matter.

06/29/09 N M Starbuck 2.00 Duplicated items from A. Stoelker's St. Croix office; drafted

inventory and chain of custody, and prepared for transmittal to

representatives; prepared correspondence for review by Baker

Botts attorneys; forwarded correspondence to designated

parties/individuals.

06/30/09 C N Adams .30 Reviewing claims issue.









246

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 180 of 377

Page 179









Hours Description

06/30/09 J A Cialone, II 1.30 Several conference calls with team; worked on various routine

matters for Receiver.

06/30/09 J M Greer .80 Reviewed correspondence related to the Receivership Estate.

06/30/09 J C Huddleston 1.40 Reviewed A. Stoelker St. Croix box for chain of custody and

pick up.

06/30/09 S A Massad 1.00 Various telephone conferences and e-mail correspondence

regarding status of several issues.

06/30/09 H C Tucker .30 Discussed certain sales tax revenue accounts with the

Mississippi Tax Commission; drafted a response to the

Mississippi Tax Commission's inquiry.

07/01/09 C N Adams .70 Telephone conference with Johanna Myers regarding Andrea

Stoelker property; telephone conference with Malcolm Lovett

regarding claims.

07/01/09 J A Cialone, II 1.20 Attention to budgeting and staffing issues to assist Receiver;

attention to ongoing operations plan; reviewed operating

statement; reviewed related Madoff materials as precedent.

07/01/09 J C Huddleston 7.70 Updated shared drive information to shared drive; sorted mail

for distribution; coordinated delivery of expired US passports

to Joe Cialone; reviewed Baker Botts' file for Antiguan

diplomatic passports; met with Johanna Myers in connection

with transfer of A. Stoelker fedex box from her St. Croix

office.

07/01/09 J T Leslie 1.40 Telephone conferences with Sue Robinson and Marisa Hurd

regarding paralegal staffing and file relocation; coordination

with respect to file relocation.

07/01/09 N M Starbuck 3.50 Prepared documents received from A. Stoelker's St. Croix

office for transmittal to J. Myers; updated Receivership file to

include documents from Latin America and the Eastern

Caribbean Bank; located RAS passport and prepared for

delivery to legal counsel.

07/02/09 C N Adams 1.60 Telephone conference with Joe Cialone regarding Stanford

passport; reviewing materials regarding same; telephone

conference with Malcolm Lovett regarding compliance issues;

reviewing payables; telephone conference with Jeanette Day

regarding obligations.

07/02/09 J A Cialone, II 1.20 Attention to issues related to expired passport; calls and emails

related to passport issues; attention to St. Croix asset issues;

calls with Doty.

07/02/09 J C Huddleston 6.00 Updated account holder information to shared drive; sorted

mail for distribution; reviewed Lodis room materials in







247

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 181 of 377

Page 180









Hours Description

connection with upcoming pickup.

07/02/09 M C Hurd .90 Phone call with Craig Adams regarding RAS and Stoelker St.

Croix boxes; reviewed inventory list of same; coordinated

review of same to additional items to be released.

07/02/09 C W Rancher 6.90 Reviewed the contents of six boxes of documents received

from Y. Suarez.

07/02/09 N M Starbuck 2.10 Met with S. Lindstrom re: transmittal and storage of documents

and belongings from St. Croix; at the request of FITS

determined whereabouts of correspondence relating to

Northern Trust.

07/02/09 H C Tucker 5.90 Reviewed files sent to Houston by Yolanda Suarez.

07/05/09 J A Cialone, II .70 Considered and formulated agenda for Monday status call.

07/05/09 M C Hurd .30 Reviewed correspondence from Craig Adams regarding

releasing additional St. Croix boxes to RAS and Stoelker.

07/06/09 C N Adams .90 Attention to St. Croix property; telephone conference with

Marisa Hurd regarding same.

07/06/09 J A Cialone, II 1.90 Prepared for and participated in extended conference call with

Receiver team; calls and emails about SEC proposal.

07/06/09 J C Huddleston 9.50 Attention to chain of custody and inventory to St. Croix II

boxes; updated account holder information to shared drive.

07/06/09 J T Leslie .40 Reviewed Allen Stanford American Express issues; completed

other project tasks.

07/06/09 N M Starbuck 7.90 Reviewed for potential release, prepared chain of custodies,

and inventoried twenty-four boxes of items obtained from RAS

personal residence.

07/06/09 H C Tucker .20 Instructed paralegals on what documents needed to be scanned

from the files of Yolanda Suarez.

07/07/09 C N Adams .60 Telephone conference with Malcolm Lovett regarding staffing

issues; reviewing payables; reviewing transfer of property

information.

07/07/09 J A Cialone, II .90 Several calls and emails with Receiver and team.

07/07/09 J C Huddleston 5.00 Updated account holder information to shared drive; researched

Polk County, Florida property indices for information relating

to Stanford International Bank mortgages; created electronic

backups of flagged Stanford email correspondence on behalf of

H. Tucker and C. Rancher.

07/07/09 M C Hurd .60 Corresponded with Steve Lindstrom regarding and coordinated

release of RAS and Stoelker St. Croix boxes; reviewed and







248

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 182 of 377

Page 181









Hours Description

updated inventory of St. Croix boxes.

07/07/09 N M Starbuck 5.40 Scanned and mailed flagged items from the email of custodians

Y. Suarez, D. Vitrian, and J. Tirado; assisted with the

transmittal of items from RAS St. Croix residence to J. Meyers;

forwarded correspondence to individuals designated by C.

Adams.

07/07/09 H C Tucker .20 Added claims to the claim log.

07/08/09 C N Adams .40 Telephone conference with Malcolm Lovett regarding issues

regarding asset sales.

07/08/09 J C Huddleston 7.30 Coordinated obtaining Louisiana and Texas Stanford employee

information pursuant to State of Louisiana production request;

attention to remaining Louisiana production requests;

processed account holder information to shared drive.

07/08/09 M C Hurd .70 Corresponded with paralegals and Adams regarding

REDACTED .

07/08/09 J T Leslie .10 Telephone conference with Bill Cominksy regarding staffing

matters; telephone conference with Clint Rancher regarding

claims.

07/08/09 C W Rancher 1.20 Corresponded with A. Galioto and J. Day regarding a missing

Stanford wire; discussed outstanding claims with K. Scanlan

and produced current log; performed project tasks.

07/08/09 H C Tucker 1.40 Compiled relevant documents from Yolanda Suarez's files for

further review.

07/09/09 C N Adams .80 Telephone conference with Fred Fram, Malcolm Lovett and

Rhonda Davis regarding compliance and personnel issues.

07/09/09 J C Huddleston 6.80 Performed detailed inventory of St. Croix II boxes; coordinated

custody transfer of Stanford jewelry to Paul Montgomery;

coordinated mail transfer to Houston Baker Botts' office.

07/09/09 M C Hurd .20 Corresponded with Craig Adams and paralegals regarding

REDACTED

.

07/09/09 J T Leslie .30 Coordinated consolidation of remaining office space.

07/09/09 N M Starbuck 8.30 Performed detailed inventory of items confiscated to RAS St.

Croix residence; coordinated transfer of A. Stoelker jewelry to

Paul Montgomery; coordinated for mail and computer

materials to Houston Baker Botts office.

07/10/09 C N Adams .90 Telephone conference with Malcolm Lovett regarding

operational issues.









249

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 183 of 377

Page 182









Hours Description

07/10/09 J M Greer .60 Reviewed legal correspondence related to the Receivership

Estate.

07/10/09 J C Huddleston 7.70 Performed detailed inventory of held St. Croix II boxes;

updated account holder information to shared drive; collected

and coordinated technology equipment return to Baker Botts

Houston office.

07/10/09 M C Hurd .20 Reviewed inventory of jewelry held from RAS and Stoelker St.

Croix boxes and corresponded with Craig Adams regarding

appraisal issue.

07/10/09 J T Leslie .10 Coordination of office consolidation.

07/10/09 C W Rancher .30 Drafted email to USPS regarding mail forwarding.

07/10/09 N M Starbuck 3.60 Continued in detailed inventory of items obtained from

Christiansted, St. Croix; prepared for the arrival of media

personal to document SFG Houston office.

07/11/09 J A Cialone, II 1.10 Organized file materials and reviewed same.

07/13/09 C N Adams 3.90 Conference with Malcolm Lovett regarding receivership

operating issues; reviewing pledge release agreement;

reviewing correspondence regarding claims against estate;

reviewing boat sale documentation; reviewing expense

reimbursement issues; reviewing St. Croix file issues.

07/13/09 J A Cialone, II .80 Attention to coins and bullion issues; calls and emails to assist

Receiver in administering Receiver business.

07/13/09 J C Huddleston 3.00 Completed inventory of St. Croix II boxes.

07/13/09 J T Leslie .50 Telephone conference with Steve Lindstrom regarding office

consolidation.

07/13/09 N M Starbuck 5.00 Inventoried items from St. Croix and scanned and duplicated

items flagged by M. Hurd; forwarded correspondence to

persons designated by C. Adams.

07/14/09 J A Cialone, II .70 Prepared for and participated in extended conference call with

team about various ongoing matters.

07/14/09 J T Leslie .30 Telephone conference with Nadia Starbuck and Marisa Hurd

regarding office consolidation; coordination regarding office

consolidation.

07/14/09 N M Starbuck 1.00 Assisted in the execution of Pledge Release for custodian K.

Leblanc.

07/15/09 C N Adams .70 Telephone conference with Malcolm Lovett regarding

American Express reimbursement issues; attention to 5050

Westheimer logistical issues; telephone conference with









250

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 184 of 377

Page 183









Hours Description

Malcolm Lovett regarding personnel issues.

07/15/09 J A Cialone, II 1.20 Attention to VNS; Calls and emails throughout the day related

to insurance, IRS and Examiner requests and communications.

07/15/09 J T Leslie .40 Review and coordination of open issues with respect to office

closures.

07/15/09 R K Shah .20 Communicated with Jim Grace concerning

REDACTED ;

spoke with representative of Democratic Governor's

Association to coordinate return of Stanford related

contribution, per request of Craig Adams.

07/16/09 C N Adams 1.40 Telephone conference with Jeanette Day regarding outstanding

invoices and issues regarding American Express balances;

telephone conference with Malcolm Lovett regarding

outstanding receivership issues; reviewing receivership

invoices.

07/16/09 N M Starbuck .30 Forwarded correspondence to individuals designated by C.

Adams.

07/17/09 C N Adams .70 Reviewing pledge releases; conference with Ralph Janvey

regarding same; reviewing FedEx and certified mail deliveries

to receiver.

07/17/09 J A Cialone, II .70 Calls and emails with Receiver about routine matters.

07/19/09 R K Shah .10 Communicated with Jim Grace concerning

REDACTED

.

07/20/09 C N Adams 1.20 Telephone conference with Kristie Blumenschein regarding St.

Croix shipments; telephone conference with Sam Cooper

regarding employee interviews; reviewing operational issues;

reviewing office stacking plan; reviewing claims issues.

07/20/09 J M Greer 1.50 Participated in an interview of Richard LaMothe.

07/20/09 J C Huddleston 4.40 Attention to reproduction of Stanford corporate files at the

direction of Harrison Tucker and Client Rancher; processed

incoming mail and boxes for delivery to A-1 Freeman

warehouse.

07/20/09 J T Leslie .30 Coordination of furniture liquidation; attended to other project

tasks.

07/20/09 R K Shah 1.10 Communicated with Jim Grace regarding

REDACTED ; spoke with Pamela

Sederholm at request of Jim Grace and discussed

REDACTED









251

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 185 of 377

Page 184









Hours Description

.

07/20/09 N M Starbuck 1.60 Distributed mail; prepared boxes for warehouse.

07/21/09 C N Adams 1.80 Telephone conference with Malcolm Lovett regarding

operational issues; reviewing claims against estate; reviewing

St. Croix file issues; reviewing payables.

07/21/09 N M Starbuck 4.50 Updated Receivership file to include chain of custodies and

documents received from C. Adams.

07/22/09 C N Adams .70 Reviewing offers to purchase assets; reviewing memorandum

regarding replacement of general partner.

07/22/09 J R Hollis .50 Inquiry into possible sale of miscellaneous equipment

07/22/09 J C Huddleston 7.70 Processed incoming mail; attention to boxes to be sent into

storage at A-1 Freeman Kirkton location.

07/23/09 C N Adams 1.10 Telephone conference with Malcolm Lovett regarding general

partner substitution issues; reviewing memorandum regarding

same; reviewing claims issues.

07/23/09 T M Davis .30 Exchange emails with B. Krage regarding vessel sale.

07/23/09 N M Starbuck 4.90 Received and reviewed Receivership correspondence;

maintained production log and Receivership file.

07/24/09 C N Adams 1.50 Telephone conference with Ben Krage and others regarding

REDACTED ; reviewing claims invoices; telephone

conference with Jeanette Day regarding payables issues.

07/24/09 J A Cialone, II .90 Call from defendant's lawyer; calls and emails throughout the

day related to Receiver duties.

07/24/09 T M Davis .70 Call with R. Janvey and B. Krage regarding vessel sale.

07/26/09 C N Adams .30 Reviewing open logistical issues regarding Houston and Miami

space.

07/26/09 J M Greer .20 Reviewed legal correspondence related to the Receivership

Estate.

07/27/09 C N Adams .40 Reviewing emails regarding claims and sales of assets.

07/28/09 C N Adams 1.00 Telephone conference with Ralph Janvey, Kristie

Blumenschein and Malcolm Lovett regarding lease and other

operational issues; reviewing emails regarding claims issues.

07/29/09 J T Leslie .20 Coordination of furniture liquidation; telephone conference

with Sue Robinson regarding staffing matters.

07/30/09 J A Cialone, II .50 Several calls with Receiver about routine receivership matters;

other routine work.









252

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 186 of 377

Page 185









Hours Description

07/30/09 T M Davis .60 Exchange emails regarding vessel sale.

07/30/09 J T Leslie .10 Coordination of furniture liquidation.

07/31/09 R K Shah .10 Communicated with Jim Grace concerning

REDACTED

.

08/03/09 J A Cialone, II .40 Reviewed draft status report on foreign accounts.

08/03/09 R K Shah .20 Communicated with Jim Grace regarding latest updates on

Pamela Sederholm and Stanford Financial PAC.

08/04/09 C N Adams 2.70 Attention to Stanford political action committee contributions;

telephone conference with Karyl Van Tassel regarding

Stanford operations; reviewing claims to website; attention to

same; telephone conference with vendors regarding assets;

reviewing St. Croix property issues; reviewing asset sale

protocol; telephone conference with Malcolm Lovett regarding

same; reviewing pending insurance matters; reviewing

payables; telephone conference with Jeanette Day regarding

same.

08/04/09 J A Cialone, II .40 Attention to political contributions issues; routine calls.

08/04/09 J T Leslie .80 Telephone conference with Jeff Hollis regarding REDACTED

; telephone conference with Craig Adams regarding

project issues.

08/04/09 R H Wood .60 Updated list of politicians who have returned Stanford

donations; created list of politicians and PACs that we have

contacted who have yet to return Stanford donations;

forwarded the same to S. Massad, J. Grace, J. Cialone, and R.

Shah; communicated with R. Shah and J. Grace regarding the

same.

08/05/09 C N Adams 1.90 Reviewing insurance renewal and cancellation materials;

attention to Stanford fund issues; attention to vendors regarding

equipment; attention to St. Croix trailers; reviewing payables

issues; reviewing political action committee contributions and

returns.

08/05/09 J M Greer .50 Reviewed legal correspondence related to the Receivership

Estate.

08/05/09 J R Hollis .40 Correspondence and follow-up regarding corporate matter.

08/05/09 J T Leslie .30 Office conference with Harrison Tucker with respect to

demand letters.

08/05/09 H C Tucker .40 Discussed and began drafting a demand letter to the Bellagio.









253

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 187 of 377

Page 186









Hours Description

08/06/09 C N Adams 1.10 Reviewing political action committee contribution information;

reviewing correspondence from counsel to Allen Stanford

regarding return of property; attention to payable and claims

issues.

08/06/09 J T Leslie .10 Coordination for document signatures.

08/07/09 C N Adams .80 Attention to return of Allen Stanford property; reviewing

employee expense reimbursement request data.

08/07/09 J A Cialone, II .40 Attention to political contribution returns.

08/07/09 J C Huddleston .20 Corresponded with Raul Interiano regarding outstanding

translation work.

08/08/09 J A Cialone, II .50 Prepared for meeting related to foreign accounts.

08/09/09 J A Cialone, II .70 Reviewed draft report and agenda for DOJ meeting August 19;

related calls and emails.

08/10/09 C N Adams 1.40 Telephone conference with Malcolm Lovett regarding

operations issues; reviewing account transfer release issues;

reviewing documents regarding same.

08/10/09 J A Cialone, II 1.20 Extended calls about REDACTED



; reviewed background materials; reviewed Senator

Dodd letter; reviewed draft agenda and related materials in

preparation for meeting with DOJ next week.

08/10/09 J C Huddleston 4.20 Corresponded with Raul Interiano regarding outstanding

translations; distributed Stanford mail as indicated;

corresponded with Steve Lindstrom regarding transmittal of

files and materials to warehouse; processed additional files for

return to warehouse storage.

08/10/09 N M Starbuck 4.10 Coordinated transfer of personal files and employee office

materials to Receivership warehouse; forwarded

correspondence to individuals designated by C. Adams;

Updated production log and document filing system.

08/10/09 H C Tucker .50 Drafted a demand letter to the Bellagio.

08/11/09 C N Adams 1.40 Telephone conference with Andy Beakley and Gary Osborne

regarding tax filings; reviewing materials regarding same;

reviewing St. Croix inventory; reviewing trailer lease.

08/11/09 J A Cialone, II 1.30 Worked on letter to Senator Dodd; calls and emails throughout

the day with DC lawyers and client concerning REDACTED

.

08/11/09 J C Huddleston .40 Corresponded with Raul Interiano and Ashleigh Brown in

regards to translation services.









254

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 188 of 377

Page 187









Hours Description

08/11/09 R K Shah .30 Reviewed, analyzed, and drafted response regarding

REDACTED ; communicated

with Jim Grace regarding indemnification issue.

08/11/09 N M Starbuck 3.10 Drafted inventory of items withheld from RAS and A. Stoelker

St. Croix residence.

08/12/09 C N Adams 1.30 Reviewing claims website; reviewing issues regarding St.

Croix trailer lease; reviewing inquiry regarding claim;

reviewing expense issues;attention to issue regarding Havell

fund.

08/12/09 J A Cialone, II 1.00 Worked on draft testimony for Senate Committee hearing;

numerous calls about testimony and attendance; worked on

letter to Dodd.

08/12/09 J T Leslie .60 Reviewed letter to Bellagio with respect to assets of Allen

Stanford; email response to inquiry by Charlie Gale regarding

computers and assets sales; attended to other emails.

08/12/09 R K Shah .10 Communicated with Jim Grace regarding REDACTED

.

08/12/09 N M Starbuck 5.90 Drafted inventory of items withheld from RAS and A. Stoelker

St. Croix residence; duplicated items designated by M. Hurd as

returnable from St. Croix shipment.

08/13/09 C N Adams 2.60 Review of Ken Weeden expense reimbursement issue;

reviewing yacht expenses; attention to STC transfer issues;

reviewing employee expense reimbursement issues.

08/13/09 J A Cialone, II 1.10 Worked on Senate Committee testimony; related calls and

emails throughout the day.

08/13/09 J C Huddleston 1.20 Corresponded with Transperfect translation regarding services;

reviewed previous translation provided by Raul Interiano in

conjunction with new translation (Grovemill) from

Transperfect; communicated change of translation service to

Transperfect given product delivery issues due to size and

staffing issues with Mr. Interiano's business.

08/13/09 N M Starbuck 6.10 Prepared chain of custodies and inventory reports for 8 boxes

of items retained from RAS/ A. Stoelker's St. Croix residence;

At the request of M. Hurd duplicated items designated as

eligible to be returned to A. Stoelker's attorney.

08/14/09 C N Adams 1.60 Telephone conference with Malcolm Lovett regarding

operational issues; reviewing cash management issues;

reviewing claims issues.

08/14/09 J A Cialone, II 1.30 Reviewed witness list and proposed testimony at Baton Rouge

hearing; worked on Janvey testimony.







255

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 189 of 377

Page 188









Hours Description

08/14/09 J C Huddleston .50 Reviewed revised Stipulated Release translation and

certification from Transperfect.

08/14/09 C W Rancher .60 Reviewed incoming Stanford mail for distribution.

08/14/09 N M Starbuck 7.30 Assisted M. Hurd with inventory, duplication, and preparation

for delivery to A. Stoelker's attorney items received from

RAS's St. Croix residence.

08/15/09 J A Cialone, II .50 Worked on hearing issues; related emails about witnesses and

what testimony is needed.

08/16/09 C N Adams .80 Attention to issues regarding closure of Westheimer location;

reviewing payable issues.

08/17/09 C N Adams .70 Reviewing invoices for Sea Eagle; telephone conference with

Malcolm Lovett regarding operational issues.

08/17/09 J R Hollis .70 Follow-up with Fred Fram regarding Thompson-Reuters issue.

08/17/09 J T Leslie .30 Reviewed project documents.

08/17/09 C W Rancher 1.00 Reviewed and routed receivership mail to appropriate parties.

08/17/09 N M Starbuck 5.30 At the request of C. Adams forwarded to FTI and Baker Botts

attorneys documents retained by Receivership from RAS/A.

Stoelker's St. Croix residence; Re-drafted inventory of items

from St. Croix.

08/18/09 C N Adams 2.80 Telephone conference with Johanna Myers regarding R.

Stanford and A. Stoelker possessions; reviewing data regarding

same; telephone conference with Ken Weeden regarding

employee claims; emails with Jeanette Day regarding invoice

issues; reviewing Cane Global agreement; reviewing updated

cash flow information; reviewing outstanding payables.

08/18/09 J A Cialone, II .60 Various calls and emails in preparation for DOJ meeting

tomorrow; reviewed background information.

08/18/09 J R Doty 2.50 Conference with Van Tine, Cialone, et al.; attention to hearing

and next steps.

08/18/09 K L Karp 5.90 Filed additional documents within the Stanford receivership

records database; assisted M. Hurd with duplication and

preparation for delivery to A. Stoelker's attorney items received

from RAS's St. Croix residence.

08/18/09 N M Starbuck 7.40 Filed additional documents within the Stanford Receivership

records database; Assisted M. Hurd with duplication and

preparation for delivery to A. Stoelker's attorney items received

from RAS's St. Croix residence; Assisted B. Stutts with

relocation of files; Reviewed contents of filing systems for









256

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 190 of 377

Page 189









Hours Description

subpoenas and affidavits re: ADT vs. Alert 24.

08/18/09 H C Tucker .50 Drafted demand letter regarding account information for R.

Allen Stanford.

08/19/09 C N Adams .90 Conference with Ralph Janvey and Kristie Blumenschein

regarding open receivership issues; attention to same.

08/19/09 J A Cialone, II 1.60 Prepared for and participated in video conference with DOJ

and SEC representatives.

08/19/09 K L Karp 5.30 Assembled office files per C. Adams; prepared chain of

custodies and inventories of items withheld from RAS and A.

Stoelker St. Croix residence.

08/19/09 C W Rancher .20 Responded to project correspondence.

08/19/09 N M Starbuck 7.30 Assembled office files per C. Adams; Updated Receivership

log to include additional documents; Prepared contents of St.

Croix boxes for return to A. Stoelker's attorney.

08/20/09 C N Adams 2.20 Internal working group call regarding open issues; reviewing

open receivership issues; telephone conference with Malcolm

Lovett regarding same; reviewing payable issues; reviewing

correspondence to receivership.

08/20/09 J R Doty 2.00 Attention to next steps and relevant materials; conferences

thereon.

08/20/09 K L Karp 5.20 Prepared attorney materials for relocation within the SFG

Houston Office; quality-checked inventory of

materials/documents from St. Croix.

08/20/09 N M Starbuck 7.30 Prepared attorney materials for relocation within the SFG

Houston Office; quality-checked inventory of

materials/documents from St. Croix.

08/20/09 W F Stutts, Jr. .70 Reviewed inquiries related to insurance related to the Antiguan

operations and properties.

08/21/09 C N Adams 3.50 Preparing interim report of receiver; correspondence with team

regarding same; reviewing operations issues.

08/21/09 K L Karp 5.00 Conference call with M. Hurd regarding St. Croix materials;

conference with S. Lindstrom, M. Bader, and R. Davis re:

relocation of files and personnel; reviewed and prepared A.

Stoelker's St. Croix materials for delivery to J. Myers.

08/21/09 J T Leslie .30 Attended to project emails and letters.

08/21/09 N M Starbuck 5.10 Conference call with M. Hurd regarding St. Croix materials;

Conference with S. Lindstrom, M. Bader, and R. Davis re:

Relocation of files and personnel; Reviewed and prepared A.









257

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 191 of 377

Page 190









Hours Description

Stoelkers' St. Croix materials for delivery to J. Myers.

08/22/09 C N Adams .40 Preparing interim report.

08/23/09 C N Adams 1.10 Preparing draft of receiver report.

08/24/09 C N Adams 2.90 Preparing draft report of receiver; various calls with

professional regarding information for report; reviewing claims

made against receivership report; telephone conference with

Andy Beakley regarding accounting and tax issues; telephone

conference with Malcolm Lovett regarding operational issues;

reviewing account payable issues; reviewing issue regarding

property insurance of Antiguan entities.

08/24/09 J A Cialone, II 1.30 Telephone conference with Bill Jeffress about various criminal

procedure issues affecting the Estate; calls and emails about

claims against Barnes.

08/24/09 J T Leslie .20 Coordination for gathering of information with respect to the

Receiver's report to the court.

08/24/09 N M Starbuck 1.10 Coordinated with A-1 Freeman personnel re: Review of

Warehouse materials by D. Fraser.

08/25/09 C N Adams 2.20 Telephone conference with Kristie Blumenschein regarding St.

Croix issues; reviewing documents regarding same; reviewing

payable issues.

08/25/09 J A Cialone, II .30 Worked on Media Plan to provide updated information to

investors.

08/25/09 J T Leslie .20 Telephone conference with Jan Nestor of CBRE regarding

information for the court report; responded to project emails.

08/26/09 C N Adams 1.40 Preparing draft report of receiver; reviewing data regarding

return of PAC contributions; reviewing payables;

teleconference with vendor regarding claim.

08/26/09 J T Leslie .60 Fact gathering for the Receiver's report to the court; drafted

part of the Receiver's report to the court.

08/27/09 C N Adams 1.50 Preparing draft of receivers report; teleconference with Tom

Leslie regarding office closure issues; reviewing list of

employees who contributed to PAC; teleconference with

Malcolm Lovett regarding same.

08/27/09 J A Cialone, II .50 Calls and emails about follow-up work with Davis to find

assets and accounts.

08/27/09 J T Leslie 1.30 Drafted the office closure summary with respect to the

Receiver's report to the court; telephone conference with Steve

Lindstrom and Rhonda Davis regarding office closure data;

reviewed project documents; attended to project emails.







258

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 192 of 377

Page 191









Hours Description

08/28/09 C N Adams 1.40 Reviewing documents for Ralph Janvey's review and signature;

attention to claims.

08/30/09 C N Adams .50 Attention to interim report.

08/31/09 C N Adams 4.80 Preparing draft report of receiver; teleconference with Jeanette

Day regarding cash management and payables issues;

reviewing outstanding claims.

08/31/09 J T Leslie .20 Drafted demand letter regarding RAS accounts.

Matter Total 478.90





079716.0114 Real Estate Matters

Hours Description

06/01/09 S W Austin .10 Replied to Kim Schlanger regarding plans/specs for hangar.

06/01/09 K E Schlanger 7.80 Finalized settlement agreements with Boston landlord, Orlando

landlord, Jackson landlord and Schwab; Reviewed Sugar Land

hangar ground lease; Email correspondence with CBRE

regarding Sugar Land hangar ground lease; Correspondence

regarding response to Memphis landlord's administrative claim;

Follow up regarding property taxes for 20 Casuarina; Prepared

real estate issues/task list; Drafted settlement agreement for

Houston warehouse.

06/01/09 T R Swearingen 3.20 Drafting Form of Purchase and Sale Agreement for real

property assets.

06/01/09 R P Wright .80 Correspondence with Joe Cialone; Malcolm Lovett regarding

airport; office conference with Kim Schlanger regarding

general status of all issues.

06/02/09 S W Austin .20 Replied to Kim Schlanger regarding Doug Hubener; replied to

Kim Schlanger regarding CBRE; sent e-mail message to Doug

Hubener regarding same.

06/02/09 H T Hamner III .30 Emails to B. Govett, J. Hamilton regarding

REDACTED







06/02/09 K E Schlanger 7.20 Correspondence regarding Atlanta administrative claim;

Correspondence regarding Sugar Land hangar;

Negotiated/finalized Boston settlement agreement; Finalized

San Francisco settlement agreement; Follow up with Herschel

Hamner and David Arlington regarding Trustmark L/C

benefitting 330 Madison; Tracked down information on

Nashville rugs; Reviewed Davis Holdings properties in

Baldwyn, MS; Discussed insurance issues with Bob Wright;









259

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 193 of 377

Page 192









Hours Description

Correspondence regarding repairs of Bastrop condos; Marked

up Orlando settlement agreement.

06/02/09 E A Soderlund .30 Call with K. Schlanger regarding REDACTED

.

06/02/09 T R Swearingen 3.40 Drafting form of Purchase and Sale Agreement for real

property assets.

06/02/09 R P Wright .40 Communications with Malcolm Lovett, Charles Gordon

regarding Sugarland hangar; communications with Kim

Schlanger regarding insurance.

06/03/09 H T Hamner III 2.30 Drafted letter to Bank of Houston regarding

REDACTED





; sent same

to M. Lovett for review.

06/03/09 J T Leslie .10 Coordination for closure of the Memphis storage units.

06/03/09 K E Schlanger 4.00 Worked on reconciliation of furniture liquidations; Reviewed

response to Atlanta landlord's proposed administrative claim;

Reviewed Trustmark's motion to intervene; Call with Michael

Palmer regarding Sugar Land hangar; Reviewed FTI's property

list; Determined which properties the Receiver should insure;

Correspondence regarding Atlanta landlord eviction request.

06/03/09 T R Swearingen 5.10 Drafting form of Purchase and Sale Agreement for real

property assets; drafting letter to Atlanta landlord regarding

administrative claim.

06/03/09 R P Wright 1.30 Communications with Kim Schlanger regarding Florida

appraisal; Malcolm Lovett regarding Sugarland hangar

appraisal; attention to landlord responses on administrative

costs; attention to appraisal contract for Houston buildings;

telephone conference with Roger Williams, Craig Adams.

06/04/09 K E Schlanger 2.20 Drafted email summarizing insurance recommendations; Call

with Jeanette Day to discuss assets and liabilities; Reviewed

Atlanta landlord's order seeking eviction; Email

correspondence regarding Trustmark payment of 330 Madison

letter of credit; Call with Michael Palmer regarding Sugar Land

hangar; Finalized Orlando settlement agreement.

06/04/09 T R Swearingen 2.70 Finalizing letter to Atlanta landlord; drafting form of Purchase

and Sale Agreement for real property assets.

06/04/09 T J Walters .70 Research custodian issues under 543.

06/04/09 R P Wright 1.30 Attention to Trustmark filing; Atlanta landlord issues; Holly

Springs insurance issues; Hill St. improvements claims; 505









260

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 194 of 377

Page 193









Hours Description

Bastrop insurance work issues; correspondence with Kevin

Sadler, Clint Davis, Craig Adams, Kim Schlanger, Malcolm

.

Lovett regarding REDACTED

06/05/09 J C Huddleston .30 Reviewed concourse level files at 5050 Westheimer to obtain

Stanford Development Company's tax id number.

06/05/09 K E Schlanger 4.00 Call with Charlie Gale regarding Baldwyn properties; Call with

Ethan Nanni regarding Baldwyn properties; Call with John

Haynes regarding Forefront Golf facility; Call with Craig

Lundrum regarding Farmers and Merchants Bank mortgages;

Email correspondence with Malcolm Lovett regarding asset

sales in Tupelo and Denver; Email correspondence with

Michael Palmer regarding Sugar Land hangar documents; Call

with Amegy regarding mortgage on 5476 Holly Springs; Email

correspondence regarding property taxes for 20 Casuarina.

06/05/09 R P Wright .70 Obtain and forward tax consulting agreement to Roger

Williams; attention to property insurance issues.

06/07/09 K E Schlanger 3.00 Updated lease rejection and fixed asset disposition memo and

prepared for meeting regarding real property insurance and

maintenance.

06/08/09 H T Hamner III .70 Revised letter to J. Hamilton regarding new draw by Schwab

under letter of credit per comments from B. Govett; reviewed

new draw request from Schwab, provided comments on same.

06/08/09 K E Schlanger 8.00 Meeting with Malcolm Lovett, Jeanette Day, Kerry Jackson,

Fred Fram, Steve Lindstrom, Rhonda Davis and Bob Wright to

discuss real property insurance and maintenance issues;

Discussed REDACTED with

Jeanette Day; Read water well maintenance agreement for

Forefront facility; Email correspondence with Bob Wright and

Michael Palmer regarding appraisals of Sugar Land hangar;

Email correspondence with Charlie Gale regarding utility bills

for Baldwyn properties; Organized settlement and termination

agreements with landlords; Email correspondence with Day

Pitney regarding Boston settlement agreement; Follow up

regarding payment of Trail Partners property taxes; Follow up

regarding real property sales motion; Reviewed Atlanta

landlord's eviction motion.

06/08/09 T R Swearingen 3.50 Finalizing initial draft of form of Purchase and Sale Agreement

for real property assets.

06/08/09 R P Wright 3.50 Attend meeting at Stanford with accountants, Malcolm Lovett,

Kim Schlanger regarding taxes, insurance, maintenance and

other issues regarding fee-owned properties; email

correspondence with Kim Schlanger, Kevin Sadler regarding









261

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 195 of 377

Page 194









Hours Description



REDACTED .

06/09/09 J A Cialone, II .40 Attention to Swiss real estate issues.

06/09/09 T M Davis .80 Read objection to Real Estate sale motion (.6); discuss with M.

Lovett (.2).

06/09/09 K E Schlanger 6.80 Follow up regarding St. Croix hangar; Call with Michael

Palmer regarding Sugarland hangar; Distributed signature

pages to Boston and Orlando settlement agreements; Follow up

with landlord's counsel regarding administrative claim for 1399

New York Avenue; Follow up with landlord's counsel

regarding McLean termination agreement; Organized

settlement agreements; Provided Jeanette Day with backup

information for lease liabilities; Sent payment requests to

Jeanette Day; Email correspondence regarding insurance for

Antigua properties; Email correspondence regarding insurance

for Baldwyn properties; Reviewed St. Croix leases regarding

utilities questions; Revised order regarding Atlanta premises;

Call with Larry Richards regarding St. Croix hangar; Call

regarding Forefront property; Email correspondence regarding

Schwab/Bank of Houston letter of credit; Reviewed request for

production.

06/09/09 T R Swearingen 3.10 Finalizing draft of Purchase and Sale Agreement for real

property assets.

06/09/09 T J Walters 2.40 Researching 543 turnover issues.

06/09/09 R P Wright 1.10 Attention to responses to real estate motion; Casuarina property

tax consultant and tax contest, and telephone conference with

Renn Neilson, Jon Wellington; email correspondence to

Malcolm Lovett regarding same.

06/10/09 C N Adams .30 Reviewing property disposition issue.

06/10/09 J A Cialone, II .50 Calls and emails about real estate and other issues involving

Swiss assets.

06/10/09 T M Davis .80 Read emails regarding real estate summaries (.6); telephone

conference with B. Wright re same (.2).

06/10/09 K E Schlanger 8.00 Read Examiner's Motion in Response to Real Property Sales

Motion; Call with Eric Soderlund and Bob Wright to discuss

response to Examiner's Motion; Reviewed memo regarding

lease dispositions; Prepared chart for lease dispositions; Email

correspondence regarding property insurance in St. Croix and

U.S.; Email correspondence regarding St. Kitts property; Email

correspondence regarding disposition of steel in St. Croix;

Email correspondence regarding Sugar Land hangar;









262

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 196 of 377

Page 195









Hours Description

Responded to inquiries regarding Comanche law suit in St.

Croix;; Reviewed Bob Wright's comments to CBRE listing

agreement.

06/10/09 E A Soderlund 1.20 Outline proposed response to Examiner's brief regarding real

estate sale procedures motion and distribute same to team (1.2).

06/10/09 E A Soderlund .20 Email exchanges with B. Wright and K. Schlanger regarding

legal characterization of certain property on leased land, and

effect on potential landlord claims (0.2).

06/10/09 R P Wright 6.10 Communications with Joe Cialone, Malcolm Lovett regarding

responses to questions on furniture sales; communications with

Kim Schlanger, Eric Soderlund regarding examiner's response;

attention to development of additional information on real

property issues; attention to insurance arrangement

recommendations and communications with Craig Adams, et

al. regarding same; attention to proposed website information;

attention to sale of St. Croix hangar steel and trailers.

06/11/09 K E Schlanger 4.00 Call with Malcolm Lovett to discuss REDACTED





; Call with Jeanette Day regarding leased property

matrix; Revised leased property matrix; Met with Bob Wright

to discuss REDACTED

;

Call with Russell Lewis regarding St. Croix litigation; Call

with Basil Umari regarding Sugar Land hangar lease; Email

correspondence with Charlie Gale regarding property

insurance.

06/11/09 T R Swearingen 2.20 Attention to master lease chart and summarizing lease status.

06/11/09 T J Walters 3.50 Investigating insurance practice for under secured real assets.

06/11/09 R P Wright 4.40 Attention to development of lease spreadsheet; insurance

summary; office conferences with Kim Schlanger regarding

lease value added; St. Croix hangar; St. Croix steel; insurance

generally and with specific property contexts; communications

with Kim Schlanger, Eric Soderlund regarding same.

06/12/09 K E Schlanger 3.00 Prepared revised list of owned properties; Contacted banks to

find out balances of outstanding mortgages on owned

properties; Revised leased property matrix; Call with Jeanette

Day regarding lease property matrix; Reviewed revised

McLean termination agreement.

06/12/09 R P Wright 2.40 Attention to issues list; response to Examiner's objection;

telephone conference with Malcolm Lovett; conference with

Charles Gordon; attention to appraisal issues.









263

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 197 of 377

Page 196









Hours Description

06/14/09 J A Cialone, II .40 Reviewed real estate spreadsheet.

06/15/09 T M Davis .80 Exchange many emails regarding Atlanta lease claim.

06/15/09 K E Schlanger 3.50 Email correspondence regarding Atlanta landlord's

administrative claim; Call with Tim Swearingen regarding

potential purchaser of St. Croix property; Call with Doug

Hubener regarding disposition of St. Croix steel and Sugarland

hangar; Call with Chad Hammons regarding Davis Holdings

properties; Email correspondence with Charlie Gale regarding

114 W. Main in Baldwyn; Drafted termination agreements with

storage companies; Email correspondence regarding 5100

Westheimer security deposit; Coordinated site inspection of

5050 Westheimer;.

06/15/09 E A Soderlund 9.20 Draft reply to examiner's brief in response to motion to approve

real property sales procedures.

06/15/09 T R Swearingen 1.10 Call with Bruce Brandon to discuss interest in St. Croix

residence; creating chart regarding interested buyers.

06/15/09 R P Wright .30 Attention to St. Croix purchase offer; sublease at 5050

Westheimer.

06/16/09 J A Cialone, II 1.70 Worked on real estate issues, including document review and

related calls and emails.

06/16/09 K E Schlanger 7.00 Reviewed and revised chart of landlords' claims;

Correspondence with Jeanette Day and Tim Swearingen

regarding landlords' claims chart; Reviewed emails regarding

furniture disposition; Reviewed reply to Examiner's brief in

response to real property sales motion; Read press release

regarding sales of assets; Reviewed revised McLean

termination agreement.

06/16/09 E A Soderlund 8.40 Review and prepare replies to multiple responses to real

property sale procedures motion.

06/16/09 T R Swearingen 5.30 Reviewing master lease chart and providing comments.

06/16/09 W C Watts 1.20 Reviewed Stanford Antiguan filings with respect to real estate

holdings; created precedent for use in filing motions in Antigua

with respect to same.

06/16/09 R P Wright 1.40 Attention to real estate sales issues; appraisal estimates.

06/17/09 T M Davis .20 Discuss Atlanta issues with B. Wright.

06/17/09 K E Schlanger 7.80 Meeting with Jeanette Day to discuss leased property matrix;

Revised leased property matrix; Email correspondence

regarding Sugar Land hangar; Email correspondence regarding

valuation of 5050 Westheimer; Email correspondence with









264

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 198 of 377

Page 197









Hours Description

BNY Mellon regarding Coral Gables property; Call with Bob

Wright and Kristie Blumenschein regarding asset sale press

release; Revised asset sale press release.

06/17/09 W C Watts 4.50 Reviewed Stanford filings with respect to lands in Antigua;

reviewed numerous provisions of relevant Antiguan

constitutional law, the registered land act, the non-citizens land

holding act, and the land acquisition act.

06/17/09 R P Wright 2.00 Attention to hangar sale; Atlanta landlord administrative fee

negotiations; correspondence with Malcolm Lovett; telephone

conference with Tony Davis; attention to article and telephone

conference with Kristie Blumenschein and Kim Schlanger

regarding same.

06/18/09 T M Davis .40 Review and comment on response to Real Estate Sale

Objection.

06/18/09 K E Schlanger 5.70 Reviewed offer for Sugar Land hangar; Reviewed offer for

generator in St. Croix; Prepared exhibit to reply to motion to

approve real property sale procedures; Revised leased property

matrix; Followed up regarding title to property owned by

Developers of America; Revised REDACTED

; Drafted confidentiality agreement

for potential purchasers of Sugar Land hangar.

06/18/09 W C Watts 3.70 Conducted research with respect to non-citizens land holding

act and the land registration act; reviewed filings by Stanford

attorneys; drafted brief memo regarding REDACTED





.

06/19/09 T M Davis 1.10 Read and respond to emails regarding process.

06/19/09 K E Schlanger 4.50 Revised lease rejection memorandum; Reviewed and

commented on reply to responses to real property sales motion;

Email correspondence with Property Tax Matters regarding

5050 Westheimer; Email correspondence regarding rejection

claim for Richmond permanent lease; Call with landlord's

lawyer regarding leased equipment in 5051 Westheimer.

06/19/09 E A Soderlund 5.40 Draft, revise, and edit consolidated reply to responses to real

property sale motion.

06/19/09 T R Swearingen 1.80 Reviewing leases for damage and default provisions.

06/19/09 R P Wright .50 Attention to response to real property sales motion; rejection of

Richmond lease; property taxes.

06/20/09 T M Davis .60 Read and comment on draft response.

06/21/09 K E Schlanger .80 Reviewed and commented on response to real property sales









265

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 199 of 377

Page 198









Hours Description

motion.

06/22/09 J A Cialone, II .50 Prepared for and participate in real estate conference call.

06/22/09 T M Davis 2.20 Call regarding sales of all assets.

06/22/09 K E Schlanger 4.80 Prepared agenda for real estate call; Revised lease rejection

chart; Real estate call; Revised reply to response to real estate

motion; Email correspondence regarding offers for trailers

located on St. Croix ground lease.

06/22/09 E A Soderlund 1.80 Revise and edit consolidated reply to responses to real property

sale procedures motion.

06/22/09 T R Swearingen 1.20 Call to discuss lease provisions regarding damages; calls to

discuss process for handling unsolicited offers on owned real

property.

06/22/09 T J Walters .70 Researching real estate lease damages for non-commenced

leases.

06/22/09 R P Wright 4.40 Attention to St. Croix property inquiries; communications with

Charles Gordon regarding sales procedures; telephone

conference with Craig Adams, Kevin Sadler, Joe Cialone,

Malcolm Lovett, Tony Davis, Ralph Janvey, et al. regarding

real estate issues; draft motion language.

06/23/09 S A D Ayers 2.00 Drafted subpoenas to Becki Stanford, purchaser of Florida

home and attorneys who prepared deed; drafted motion to

compel;

06/23/09 J A Cialone, II .80 Reviewed real estate materials and related calls and emails.

06/23/09 J C Huddleston .20 Reviewed Stanford files in 5050 Westheimer concourse level

for Sugar Land lease exhibits; transmitted same to attorney for

review.

06/23/09 K E Schlanger 3.60 Reviewed and revised reply to responses to real property sales

motion; Email correspondence regarding sale of St. Croix

hangar; Email correspondence with Micheal Palmer at CBRE

regarding Sugar Land hangar; Email correspondence regarding

Baldwyn properties insurance and rent payments; Revised

CBRE listing agreement.

06/23/09 E A Soderlund 2.80 Revise and edit consolidated reply to conform to changes

suggested by reviewing partners and client; prepare and direct

the filing service of same (2.8)

06/23/09 T R Swearingen 2.00 Attention to lease default provisions and coordinating review;

attention to emails regarding unsolicited offers of owned real

property.

06/23/09 R P Wright 2.10 Attention to real estate motion response; drafting;







266

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 200 of 377

Page 199









Hours Description

communications with Kristie Blumenschein, Eric Soderlund,

Kim Schlanger, Malcolm Lovett, Charles Gordon regarding

same.

06/24/09 S A D Ayers .50 Attention to sale of Florida house by Becki Stanford.

06/24/09 K E Schlanger 2.50 Revised and distributed CBRE listing agreement; Email

correspondence regarding Miami personal property taxes;

Email correspondence regarding REDACTED

; Email correspondence

regarding REDACTED ; Follow up regarding

mortgage payments for 5050 Westheimer.

06/24/09 T R Swearingen 1.10 Calls to discuss lease default provisions and offer on St. Croix

residence; call from Bruce Brandon to discuss timing of offer

and details.

06/24/09 R P Wright 3.90 Attention to response to real estate motion; commission

agreement with CBRE; telephone conference with Malcolm

Lovett, Charles Gordon regarding same; office conference with

Kim Schlanger regarding same and regarding furniture tax lien

claims.

06/25/09 S A D Ayers .50 Attention to Houston condominium.

06/25/09 K E Schlanger 2.00 Email correspondence regarding maintenance issues at Anchor

Inn; Call with Kristian Nielsen at CBRE to discuss fees; Email

correspondence regarding Miami personal property taxes; Call

with Jeanette Day regarding REDACTED .

06/25/09 W C Watts 2.20 Drafted application to Antiguan registrar of lands for restriction

on Stanford lands.

06/26/09 K E Schlanger 1.70 Reviewed CBRE Consulting Agreement; Call with Jeanette

Day regarding lease rejection memo and chart; Call with Tony

Davis regarding landlord claims resolution and sale procedures;

Email correspondence with Matt Wood regarding eviction of

Randi Stanford; Email correspondence with Sue Ayers

regarding Collierville condo; Email correspondence regarding

Forefront facility maintenance; Email correspondence with

Wiles & Wiles regarding settlement with Atlanta landlord.

06/26/09 W C Watts .40 Revised Application for restriction on Antiguan lands.

06/26/09 R P Wright .40 Attention to email correspondence regarding land sales.

06/28/09 K E Schlanger .80 Email correspondence with Craig Adams regarding list of

owned properties; Reviewed CBRE consulting agreement.

06/29/09 S A D Ayers 1.00 Reviewed and edited motion for contempt against Randi

Stanford.









267

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 201 of 377

Page 200









Hours Description

06/29/09 K E Schlanger 3.00 Marked up CBRE consulting agreement; Email correspondence

with Steve Lindstrom regarding status of equipment lease

rejection letters; Reviewed offers for 5050 Westheimer and

Sugar Land hangar to determine whether they included

furniture; Coordinated settlement of administrative claims with

Dallas and Orlando landlords; Reviewed revised lease rejection

chart; Reviewed correspondence relating to dissolution of

Spring Creek LLC and Old Bull LLC.

06/30/09 K E Schlanger 1.30 Reviewed Kristie Blumenschein's comments to CBRE listing

agreement; Coordinated settlement of administrative claim

with Orlando landlord; Email correspondence regarding

Trustmark motion.

07/01/09 K E Schlanger 2.70 Email correspondence with David Arlington regarding

Trustmark motion; Follow up regarding personal property taxes

for Miami FF&E; Reviewed memo on fully settled landlord

claims; Email correspondence with David Arlington and Kevin

Sadler regarding Farmers & Merchants Bank's's motion to

intervene; Revised CBRE agreements; Email correspondence

with Jon Herbert regarding Kings Alley property.

07/02/09 K E Schlanger 3.00 Prepared for call with Farmers & Merchants Bank's's attorney;

Call with Farmers & Merchants Bank's's attorney regarding

motion to intervene; Revised CBRE listing agreement and

consulting agreement.

07/02/09 R P Wright 1.00 Communications with Kim Schlanger regarding motion by

Farmers and Merchants Bank; CBRE contracts.

07/03/09 S A D Ayers .80 Edited motion for contempt against Randi Stanford

REDACTED

.

07/04/09 S A D Ayers .70 Edited motion and order for contempt against Randi Stanford.

07/05/09 S A D Ayers .50 Edited and finalized motion for contempt against Randi

Stanford for presentation to the Receiver.

07/06/09 K E Schlanger 5.50 Reviewed draft of leased property matrix and lease rejection

memo; Call with Jeanette Day to discuss leased property matrix

and memo; Revised lease rejection memo; Email

correspondence with Jeanette Day regarding

REDACTED

; Reviewed motion regarding eviction of Randi

Stanford from Huntington condo; Email correspondence with

Kathy Wetmore regarding Huntington condo; Organized

termination agreements; Email correspondence with Kevin

Sadler regarding REDACTED .









268

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 202 of 377

Page 201









Hours Description

07/06/09 R P Wright 1.30 Attention to email correspondence; Randi Stafford petition; St.

Croix and Huntington assets and Jim Davis utility costs;

communications with Kim Schlanger, Kevin Sadler.

07/07/09 K E Schlanger 2.00 Revised lease rejection memo; Email correspondence regarding

St. Croix rent payments; Email correspondence regarding

Miami personal property taxes; Email correspondence

regarding Spring Creek property taxes; Call with Herschel

Hamner regarding mortgage on 20 Casuarina Concourse; Email

correspondence regarding REDACTED

.

07/08/09 J A Cialone, II .80 Attention to real estate issues including appraisals.

07/08/09 K E Schlanger 1.90 Reviewed invoices for outside counsel relating to litigation;

Email correspondence regarding appraisals of Baldwyn

properties; Reviewed and revised lease rejection memo.

07/09/09 K E Schlanger 2.40 Revised memo regarding disposition of personal property and

settlement of landlord claims; Reviewed and discussed Kristie

Blumenschein's comments to CBRE agreements; Revised

CBRE listing and consulting agreements; Email

correspondence regarding REDACTED

; Email correspondence regarding REDACTED

; Email correspondence with Tim

Swearingen regarding letters to St. Croix tenants regarding rent

payments.

07/09/09 T R Swearingen .60 Reviewing documentation regarding delinquent tenants;

reviewing form letter for rent delinquencies.

07/09/09 R P Wright .30 Attention to emails regarding Huntington and St. Croix

matters.

07/10/09 K E Schlanger 4.80 Revised memo regarding disposition of personal property and

settlement of landlord claims; Reviewed and commented on

leased property matrix; Revised CBRE listing and consulting

agreements; Call with Brandon Clarke to discuss CBRE listing

agreement; Email correspondence regarding timing of sale of

owned properties.

07/10/09 R P Wright 1.00 Correspondence with Kristi Blumenschein, Charles Gordon,

Kim Schlanger regarding hold vs. sell issues.

07/13/09 K E Schlanger 3.90 Email correspondence regarding appraisals of Baldwyn

properties; Reviewed and revised CBRE Listing Agreement

and Consulting Agreement; Call with Kristian Nielsen at

CBRE to discuss REDACTED

;Reviewed motion

and proposed order for contempt with regard to Randi

Stanford; Email correspondence regarding REDACTED







269

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 203 of 377

Page 202









Hours Description

; Email correspondence with Anita

Baron and Cynthia Arnold regarding REDACTED

; Gathered information regarding operating costs of

owned properties for memo on disposition of owned real

property.

07/13/09 T R Swearingen 3.10 Attention to letters notifying tenants of failure to pay rent and

delinquency.

07/14/09 K E Schlanger 1.50 Call with Yasmin Atasi at Winstead regarding LNR/Wells

Fargo's objection to the real property sales motion; Follow up

correspondence regarding LNR's opposition; Responded to

Marisa Hurd's email regarding FBI document request; Email

correspondence with CBRE regarding Sugar Land hangar

offer; Gathered and reviewed information about operating costs

for owned properties.

07/15/09 K E Schlanger .50 Email correspondence regarding offer for Sugar Land hangar;

Email correspondence regarding property insurance premium

amounts.

07/16/09 K E Schlanger 2.50 Researched memo regarding timing of real property sales; Call

with Jeanette Day to discuss holding costs of real property.

07/16/09 R P Wright 1.00 Review email correspondence on intervention by 5050 lender,

sales of assets generally.

07/17/09 K E Schlanger 6.30 Drafted memo regarding disposition of owned real property;

Email correspondence with Kevin Sadler and David Arlington

regarding Wells Fargo motion in opposition of proposed real

property sale procedures; Reviewed Farmers & Merchants

Bank motion; Email correspondence regarding 5050

Westheimer operating costs; Email correspondence regarding

Sugar Land hangar offer; Call with Jim McCormick regarding

leased properties; Email correspondence with Kristian Nielsen

regarding CBRE listing/consulting agreements.

07/17/09 T R Swearingen 1.00 Attention to review of lease documents regarding default

provisions.

07/20/09 K E Schlanger 2.50 Read motion filed by Farmers & Merchants Bank and motion

filed by Wells Fargo in response to motion to approve real

property sale procedures; Email correspondence with David

Arlington regarding motions; Email correspondence with

Charlie Gale regarding Forefront building; Email

correspondence with Jason Baker and Jeanette Day regarding

settlement of Atlanta landlord's administrative claim.

07/21/09 K E Schlanger 3.20 Email correspondence with David Arlington and Eric

Soderlund regarding responses to F&M Bank and Wells Fargo

motions; Call with David Arlington and Eric Soderlund







270

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 204 of 377

Page 203









Hours Description

regarding F&M Bank and Wells Fargo motions; Drafted email

outlining proposed responses to F&M Bank and Wells Fargo

motions; Email correspondence regarding Hassell motion.

07/21/09 E A Soderlund .70 Conference call with K. Schlanger and D. Arlington regarding

formulating strategy and response to objections to real property

sales motion.

07/22/09 K E Schlanger 1.00 Revised real property sales memo; Call with Charles Gordon to

discuss real property sales memo; Email correspondence with

Steve Lindstrom regarding REDACTED .

07/23/09 K E Schlanger 1.30 Read motion regarding sale of Holt land; Call with Park Hill

regarding St. Kitts building and follow up regarding St. Kitts

building; Revised real property sales memo; Reviewed and

commented on revised exhibits to CBRE consulting and listing

agreements.

07/23/09 T R Swearingen 1.50 Multiple calls with Bruce Brandon regarding purchase of St.

Croix residence; calls with Kim Schlanger to discuss

REDACTED ; researching outstanding debt

payment secured by St. Croix residence.

07/23/09 R P Wright 1.00 Attention to foreign real estate sale requirements and telephone

conference with Richard Roper regarding same; attention to

James Holt petition to sell NC property and communications

with Craig Adams regarding same.

07/24/09 K E Schlanger .70 Email correspondence regarding extension for response to

Wells Fargo motion; Email correspondence with Bob Wright

regarding appendices to CBRE agreements; Email

correspondence regarding potential purchaser for 5050

Westheimer.

07/24/09 R P Wright 1.50 Attention to broker agreements; discussion of motions

regarding real estate; communications with Tony Davis, Kim

Schlanger; attention to real estate market memo.

07/27/09 K E Schlanger 2.00 Revised real property sales memorandum; Reviewed

documents for Baldwyn properties and compared them to

CBRE appendices; Call with Adrian Millan regarding Golden

Financial.

07/28/09 T M Davis .50 Meet with B. Wright and K. Schlanger regarding sale order.

07/28/09 K E Schlanger 3.70 Prepared for call regarding REDACTED



; Call with Tony Davis, Bob Wright and

Eric Soderlund to discuss REDACTED



; Drafted REDACTED



; Distributed real property sales memo;

Reviewed Miami landlord's calculation of administrative claim;









271

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 205 of 377

Page 204









Hours Description

Email correspondence with Miami landlord's attorney

regarding administrative claim; Email correspondence with

Charlie Gale regarding Forefront facility; Email

correspondence with Kristian Nielsen regarding parcel

numbers and addresses of Baldwyn properties; Coordinated

showing of Tupelo building.

07/28/09 E A Soderlund .70 Call with T. Davis, B. Wright, and K. Schlanger re:

REDACTED

.

07/28/09 R P Wright 1.20 Attention to emails of property inquiries; review motions and

other communications regarding real estate motions; office

conference with Tony Davis, Eric Soderlund, Kim Schlanger

regarding same.

07/29/09 K E Schlanger 1.70 Drafted and revised REDACTED

;

Revised CBRE consulting and listing agreements and

appendices; Email correspondence with Steve Lindstrom

regarding Huntington condo and appraisal of 5050

Westheimer.

07/29/09 R P Wright 2.00 Attention to stipulation for lien holders; provide comments to

Kim Schlanger regarding same; attention to email on other

motion-related matters; communications with Charles Gordon

regarding 5050 Westheimer appraisal.

07/30/09 K E Schlanger 4.30 Call with Yasmin Atasi regarding Wells Fargo motion; Call

with Chad Hammons regarding F&M Bank motion; Calls and

email correspondence with David Arlington and Andrew York

regarding stipulations; Revised CBRE listing and consulting

agreements; Email correspondence regarding appraisal of 5050

Westheimer; Email correspondence regarding hotel investment

of SVCH; Email correspondence regarding repairs in GSA

leased premises in St. Croix; Email correspondence regarding

signature pages to termination statements; Drafted real estate

task list.

07/30/09 R P Wright 1.20 Communications with Charles Gordon, Kim Schlanger;

attention to private equity issues and buyer inquiries.

07/31/09 K E Schlanger 2.70 Reviewed document regarding government acquisition of

Antiguan property; Prepared real estate action items list;

Coordinated extensions of deadlines for filing responses to

Wells Fargo and Farmers and Merchants motions; Reviewed

5050 Westheimer offer.

08/03/09 K E Schlanger 1.20 Revised and distributed real estate action items list; Email

correspondence regarding St. Croix residential property

insurance; Email correspondence regarding status of 5051









272

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 206 of 377

Page 205









Hours Description

landlord's lien claim.

08/03/09 K E Schlanger .50 Email correspondence with Kristian Nielsen regarding

REDACTED .

08/03/09 R P Wright .40 Communications with Ralph Janvey; Kim Schlanger; attention

to list of real estate action items.

08/04/09 K E Schlanger 1.60 Reviewed mortgage information for Baldwyn properties and

emailed information to Kristian Nielsen; Email correspondence

regarding REDACTED ; Email

correspondence regarding REDACTED ; Email

correspondence with Jeff Hollis regarding sale of trailers on

Mt. Recovery; Email regarding REDACTED

.

08/05/09 K E Schlanger 3.20 Drafted REDACTED ; Email

correspondence with Charlie Gale regarding REDACTED

; Email correspondence regarding insurance on Baldwyn

properties; Call with John Haynes regarding Forefront building

and insurance on Baldwyn properties; Email correspondence

regarding Sugar Land hangar.

08/06/09 K E Schlanger 1.00 Drafted letter agreement extending Dynamic Brands lease of

Forefront Building; Follow up with Kristie Blumenschein

regarding real estate action items list; Email correspondence

regarding Sugar Land hangar.

08/07/09 K E Schlanger .30 Call with Captain Jack LLC regarding Stanford assets.

08/07/09 T R Swearingen .40 Reviewing email from Bruce Brandon regarding St. Croix

residence.

08/10/09 K E Schlanger 2.20 Email correspondence regarding second Baldwyn theft and

insurance coverage; Email correspondence with Emily

Donahue regarding calculation of Miami landlord's

administrative claim; Email correspondence with Kristian

Nielsen regarding Baldwyn broker opinions of value and offer

for Forefront Building; Email correspondence regarding review

and approval of CBRE agreements; Revised and distributed

letters to delinquent St. Croix tenants; Email correspondence

with Andrew York regarding responses to F&M Bank and

Wells Fargo motions; Email correspondence regarding

potential purchaser of 5050 Westheimer.

08/11/09 K E Schlanger 2.00 Call with Charlie Gale regarding insurance for Davis

residences; Follow up with Linda Leal and Jeanette Day

regarding insurance of Davis' residence; Email correspondence

with Mercer Dye regarding St. Croix hangar; Follow up with

Winstead regarding proposed stipulation in response to Wells

Fargo's response to real property sales motion; Email







273

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 207 of 377

Page 206









Hours Description

correspondence regarding Randi Stanford eviction; Email

correspondence regarding offer for Forefront facility; Call with

Gerald Williams regarding Forefront facility; Email

correspondence with Kristian Nielsen regarding Baldwyn

BOV's.

08/11/09 R P Wright .60 Attention to MS property appraisals and insurance questions;

correspondence with Kristie Blumenschein.

08/12/09 K E Schlanger 2.00 Email correspondence regarding REDACTED

; Email correspondence with David Arlington and

Andrew York regarding REDACTED

; Email correspondence regarding Randi Stanford

contempt action; Email correspondence with Brent Boland

regarding Memphis landlord's administrative claim; Email

correspondence with Linda Leal regarding insurance of St.

Croix properties; Prepared list of current open real estate items.

08/12/09 T R Swearingen .30 Call with Bruce Brandon regarding purchase of St. Croix

residence.

08/13/09 K E Schlanger 2.00 Email correspondence with Linda Leal and Anita Baron

regarding insurance on St. Croix residential properties; Email

correspondence with Linda Leal regarding insurance on

Baldwyn residence; Prepared list of open real estate items.

08/13/09 R P Wright .50 Attention to insurance issues and review related

correspondence; attention to court responses; communications

with Sue Ayres, Sam Cooper regarding same.

08/14/09 R P Wright .40 Attention to real estate motions and list of outstanding items.

08/17/09 C N Adams .50 Researching property ownership issue; emails regarding same.

08/17/09 K E Schlanger 1.70 Email correspondence with Anita Baron and Linda Leal

regarding insurance for St. Croix residential properties; Email

correspondence with Jim Hamilton (Bank of Houston's lawyer)

regarding St. Croix insurance; Email correspondence with

Bruce Brandon regarding Chase McCarthy house; Follow-up

regarding information on St. Croix hangar; Email

correspondence with Chad Hammon regarding Farmer &

Merchants Bank collateral; Email correspondence regarding

Susan Stanford's house in Frisco; Email correspondence

regarding Memphis landlord's admin claim.

08/18/09 K E Schlanger 3.00 Follow up with Anita Baron regarding St. Croix residential

properties; Email correspondence with Jim Hamilton regarding

St. Croix residential properties; Email correspondence

regarding Susan Stanford's house in Frisco; Email

correspondence with David Arlington and Chad Hammons

regarding F&M Bank's's motion; Call with Michael Alphonse







274

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 208 of 377

Page 207









Hours Description

regarding delinquent rent; Email correspondence with Charlie

Gale regarding Hassell note; Office conference with Bob

Wright regarding general status and 5051 Westheimer;

Responded to inquiries from Craig Adams in preparation for

SEC/DOJ call; Email correspondence with Kristian Nielsen

regarding BOVs for Baldwyn properties.

08/18/09 R P Wright 1.20 Office conference with Kim Schlanger regarding 5051 claims

and general status of issues; telephone conference with Sam

Cooper re: 5051 claims.

08/19/09 K E Schlanger 1.20 Email correspondence with Craig Adams regarding owned real

properties for preparation for DOJ call; Call with Jim Hamilton

to discuss Bank of Houston mortgages on St. Croix properties;

Email correspondence with Linda Leal regarding St. Croix

property insurance; Email correspondence regarding offer for

St. Croix trailers; Email correspondence with Kristian Nielsen

regarding Baldwyn BOVs.

08/19/09 R P Wright .30 Attention to Sam Cooper Walton motion.

08/20/09 K E Schlanger 1.20 Call with Chad Hammons to discuss Farmers and Merchant

Bank's's opposition to real property sales motion; follow up

with Charlie Gale regarding insurance on stolen tractor.

08/20/09 R P Wright .50 Attention to St. Croix bank request to sell properties and

correspondence with Kim Schlanger regarding same;

correspondence with Tim Durst regarding Casuarina property.

08/21/09 K E Schlanger 1.00 Email correspondence with Kristie Blumenschein regarding

SIBL real estate assets; Email correspondence with Andrew

York regarding REDACTED ; Email correspondence

regarding settlement of Miami landlord's admin claim.

08/24/09 K E Schlanger 1.50 Follow up with Kristain Nielsen regarding Baldwyn broker

opinions of value; Email correspondence with Cynthia Arnold

regarding St. Croix maintenance issues; Call with St. Croix

tenant; Reviewed F&M Bank loan secured by stolen tractor;

Email correspondence regarding REDACTED

; Follow up with

Kristie Blumenschein regarding CBRE agreements.

08/24/09 R P Wright .30 Attention to Memphis settlement and other real estate matters.

08/25/09 C N Adams .90 Reviewing corporate records regarding Casuarina 20 LLC;

telephone conference with Gary Osborne regarding same.

08/25/09 K E Schlanger 1.60 Call with Cynthia Arnold and Anita Baron to discuss Royal

Strand issues; Coordinated payment of Memphis landlord's

administrative claim; Confirmed ownership of 20 Casuarina

Concourse LLC; Email correspondence with Anita Baron









275

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 209 of 377

Page 208









Hours Description

regarding St. Croix hangar; Reviewed Baldwyn BOVs; Call

with Andrew York to discuss REDACTED

.

08/25/09 R P Wright .70 Attention to inquiry regarding 20 Casaurina property; office

conference with Kim Schlanger; telephone conference Craig

Adams regarding same.

08/26/09 K E Schlanger .80 Reviewed Baldwyn BOVs; Call with Kristian Nielsen to

discuss Baldwyn BOVs.

08/27/09 K E Schlanger 1.10 Prepared chart of values of Baldwyn properties; Drafted email

regarding Baldwyn properties; Call with broker regarding 5050

Westheimer.

08/28/09 K E Schlanger .50 Email correspondence with Steve Lindstrom regarding

REDACTED ; Email correspondence regarding

REDACTED ; Responded

to question regarding Miami hangar.

08/31/09 K E Schlanger 1.50 Email correspondence with Anita Baron and Cynthia Arnold

regarding responses of St. Croix tenants to default notices;

Summarized proposal in response to F&M Bank's's motion;

Call with Larry Brewster regarding Stanford assets and follow

up.

Matter Total 368.60





079716.0115 Tax Matters

Hours Description

06/04/09 R A Husseini 1.20 Discussion with Elizabeth Johnson on path forward; analysis of

tax strategy.

06/05/09 J A Cialone, II .60 Calls and emails about REDACTED

.

06/05/09 R A Husseini .80 Attention to IRS Appeals tax strategy; discussion of issues with

team.

06/09/09 R A Husseini 1.30 Attention to tax strategy; discussion with Joe Cialone.

06/09/09 J J Wellington 2.90 Florida property tax issues; review of issue, obtain additional

information and recommendation for property tax protester

06/11/09 J A Cialone, II .80 Attention to IRS issues; related calls and emails.

06/11/09 R A Husseini .50 Attention to tax strategy issues.

06/15/09 R A Husseini .80 Attention to tax strategic issues; discussed same with Joe

Cialone.









276

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 210 of 377

Page 209









Hours Description

06/16/09 R A Husseini .30 Discussion with Elizabeth Johnson on CDP hearing.

06/24/09 R A Husseini .80 Attention to tax strategy.

06/26/09 R A Husseini 7.40 Preparation for IRS CDP; conversation with Appeals officer;

attention to tax strategy.

06/26/09 J B Nelsen 3.20 Reviewed and distributed CDP hearing related materials;

conference with Richard Husseini regarding the same.

06/27/09 R A Husseini 3.20 Preparation for CDP hearing.

06/27/09 J B Nelsen 3.90 Drafted notes regarding CDP issues and reviewed documents

relating to SIBL advances to affiliated entities.

06/28/09 R A Husseini 3.40 Preparation for CDP hearing.

06/28/09 J D Lobb 2.50 Reviewed tax litigation issues.

06/29/09 R A Husseini 7.80 Attention to CDP hearing.

06/29/09 J D Lobb 7.50 Discussed research issues with Jon Nelsen; reviewed

documents; collected relevant documents.

06/29/09 J B Nelsen 11.20 Researched and drafted memorandum regarding

characterization of SIBL advances.

06/30/09 R A Husseini 7.10 Preparation for CDP hearing.

06/30/09 M D Kusey 4.00 Revised index to binder "Stanford CDP Materials" per Jon

Lobb and Jon Nelsen; prepared documents for binding;

distributed the same.

06/30/09 J D Lobb 8.70 Reviewed documents; researched management fee issues.

06/30/09 J B Nelsen 8.10 Drafted memorandum regarding REDACTED

.

06/30/09 Z T Pullin 9.20 Compiled binder; researched SDC issue; began drafting memo

on same.

06/30/09 A M Stockbridge 7.00 Reviewed Harry Failing files.

07/01/09 R A Husseini 7.40 Preparation for CDP hearing; discussions with team; discussion

with Elizabeth Johnson; discussion with Larry Sherlock.

07/01/09 M D Kusey .80 Added documents to "Stanford CDP Materials" binders;

updated index for same.

07/01/09 J D Lobb 11.60 Researched management fee issues; began drafting

memorandum summarizing research.

07/01/09 J B Nelsen 9.80 Research and drafted memorandum regarding REDACTED

; conferences with Jon Lobb regarding management fee

issue in 2002 and 2003; conference with Richard Husseini









277

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 211 of 377

Page 210









Hours Description

regarding status of CDP hearing.

07/01/09 Z T Pullin 8.50 Continued researching issues, including facts and law.

07/01/09 A M Stockbridge 8.00 Reviewed Harry Failing files.

07/02/09 R A Husseini 5.80 Preparation for CDP hearing.

07/02/09 J D Lobb 4.70 Researched certificate of deposit issue.

07/02/09 J B Nelsen .60 Conferences with Jon Lobb and Richard Husseini regarding

status of the CDP hearing issues; reviewed memoranda form

Jon Lobb and Zackary Pullin regarding CDP hearing issues.

07/02/09 Z T Pullin 9.00 Finished memo on SDC issue; began reviewing accounting

files; began researching receivership filings.

07/02/09 A M Stockbridge 7.50 Reviewed Harry Failing files.

07/03/09 R A Husseini 2.10 Preparation for CDP hearing.

07/03/09 R A Husseini 4.60 Preparation for CDP hearing.

07/03/09 J B Nelsen 8.80 Researched and drafted memorandum analyzing

REDACTED

.

07/03/09 Z T Pullin 4.00 Reviewed receivership court filings; researched 482 issues.

07/04/09 J D Lobb 6.70 Researched certificate of deposit issue; began drafting

memorandum summarizing research.

07/04/09 J B Nelsen .50 Correspondence to Jon Lobb and Zack Pullin regarding appeals

submissions.

07/05/09 R A Husseini 4.70 Preparation for CDP hearing.

07/05/09 J B Nelsen 3.00 Researched and drafted memorandum analyzing

REDACTED

.

07/05/09 Z T Pullin 5.00 Updates binders; reviewed receivership filings; reviewed 482

issues.

07/06/09 R A Husseini 7.80 Preparation for CDP hearing.

07/06/09 J D Lobb 10.00 Researched certificate of deposit issue; drafted memorandum to

file summarizing research; updated binder of CDP materials;

reviewed IRS positions regarding tax penalties; began drafting

memorandum to file summarizing penalties issues.

07/06/09 J B Nelsen 7.90 Researched and drafted CDP submission regarding character of

advances from SIBL to SFGC; conferences with Job Lobb

regarding lien priority issue; drafted notes regarding the same.









278

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 212 of 377

Page 211









Hours Description

07/06/09 Z T Pullin 7.50 Updated binders; reviewed court filings; researched law on

interest income issue.

07/06/09 A M Stockbridge 7.40 Review Harry Failing files.

07/07/09 R A Husseini 7.20 Preparation for CDP hearing; meetings with team.

07/07/09 J D Lobb 8.10 Finished drafting memorandum regarding penalties issues;

reviewed IRS revenue procedure; began reviewing tax returns.

07/07/09 J B Nelsen 5.60 Drafted memorandum regarding lien priority issue; drafted

submission to CDP regarding characterization of advances

from SIBL to SFGC.

07/07/09 Z T Pullin 9.40 Reviewed boxes; researched 482 issues; researched Federal tax

lien issues; researched REDACTED .

07/07/09 A M Stockbridge 4.50 Review Harry Failing files.

07/08/09 R A Husseini 3.80 Preparation for CDP hearing.

07/08/09 J D Lobb 7.70 Reviewed tax returns; researched section 482 issues;

researched deduction issues.

07/08/09 J B Nelsen 3.00 Drafted submission for CDP hearing regarding characterization

of advances from SIBL to SFGC.

07/08/09 Z T Pullin 11.20 Continued research and drafting for REDACTED memo;

reviewed documents in Failing's boxes marked by Angela

Stockbridge; conference with various team members on

Stanford project.

07/09/09 R A Husseini 4.30 Prepared for IRS CDP hearing.

07/09/09 J D Lobb 9.30 Drafted submission regarding management fee issue; reviewed

revenue procedure; drafted email to Jon Nelsen summarizing

revenue procedure.

07/09/09 J B Nelsen 1.20 Drafted submission on characterization of advances from SIBL

to SFGC for CDP hearing.

07/09/09 Z T Pullin 10.50 Drafted memo on tax liens; drafted memo on CDP issue;

reviewed boxes.

07/10/09 R A Husseini 6.80 Attention to CDP hearing; preparation for same.

07/10/09 J D Lobb 4.20 Finished draft of CDP submission; continued reviewing

documents.

07/10/09 J B Nelsen .30 Conferences with Jon Lobb and Zack Pullin to discuss status of

reviewing files for CDP hearing.

07/10/09 Z T Pullin 8.20 Researched REDACTED in Texas; researched 482 issues;

finished REDACTED .









279

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 213 of 377

Page 212









Hours Description

07/11/09 R A Husseini 3.10 Preparation for CDP hearing; attention to submission on same.

07/12/09 R A Husseini 7.10 Preparation for CDP hearing; attention to submission on same.

07/12/09 Z T Pullin 1.00 Researched REDACTED .

07/13/09 R A Husseini 6.60 Attention to IRS CDP submission; discussion with Jon Nelsen

and Kevin Sadler on same.

07/13/09 J D Lobb 1.80 Researched entities to obtain tax information; created

organizational chart of Stanford entities.

07/13/09 J B Nelsen 9.30 Drafted CDP submission; conferences with Richard Husseini,

Kevin Sadler, and Job Lobb regarding the same.

07/13/09 Z T Pullin 7.80 Researched REDACTED

; researched

REDACTED ; revised memo on same.

07/14/09 R A Husseini 8.60 Preparation for CDP hearing; discussions with Kevin Sadler on

same.

07/14/09 J D Lobb 1.70 Reviewed CDP submission; discussed edits with Jon Nelsen.

07/14/09 J B Nelsen 4.20 Drafted CDP submission; conference with Richard Husseini

regarding the same.

07/14/09 Z T Pullin 7.20 Finished creating binders; sent IRS submission binder to be

bound; researched reverse piercing; researched other matters.

07/15/09 R A Husseini 5.10 Attention to CDP hearing; discussions with Kevin Sadler and

Manuel Lena on same.

07/15/09 J D Lobb 1.00 Reviewed IRS submission; discussed edits with Jon Nelsen.

07/15/09 J B Nelsen 6.80 Drafted CDP submission; conferences with Richard Husseini

and Kevin Sadler regarding the same; conference call with

Baker Botts attorneys, IRS attorneys, and DOJ attorney's's

regarding status of the case.

07/15/09 Z T Pullin 3.00 Researched REDACTED .

07/15/09 K M Sadler 1.80 Reviewed and revised draft brief on CDP issues; conferences

with Husseini regarding same; conference with counsel for IRS

and Husseini regarding CDP issues

07/16/09 R A Husseini 3.20 Finalized CDP submission.

07/16/09 J B Nelsen .70 Prepared CDP hearing submission; conference with Richard

Husseini regarding the same.

07/16/09 K M Sadler 1.00 Conference with IRS/DOJ regarding CDP; conference with

Husseini regarding strategy

07/17/09 R A Husseini 8.10 Preparation for CDP hearing; discussions with Kevin Sadler

and Manuel Lena relating to hearing.







280

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 214 of 377

Page 213









Hours Description

07/17/09 K M Sadler 1.00 Reviewed proposals from IRS/DOJ regarding CDP;

conferences with Husseini regarding strategy; reviewed emails

regarding documents requested by IRS/DOJ from FTI

07/18/09 R A Husseini 1.20 Attention to CDP hearing issues.

07/20/09 R A Husseini 1.20 Discussions with Manuel Lena, Kevin Sadler and Elizabeth

Johnson regarding postponed CDP hearing.

07/21/09 J B Nelsen .80 Reviewed and drafted email to Richard Husseini regarding

REDACTED

.

07/27/09 R A Husseini .30 Discussed tax issues with Tony Davis.

08/14/09 R A Husseini .20 Attention to Harry Failing issues.

08/17/09 R A Husseini .60 Attention to discovery issues related to income tax matters.

08/18/09 R A Husseini .40 Attention to discovery issues related to income tax matters.

08/21/09 R A Husseini 1.30 Developed tax summary for receiver report; attention to

discovery issues.

08/26/09 R A Husseini .30 Provided IRS position on tax treatment to investors to Craig

Adams.

Matter Total 459.60





079716.0116 Litigation - General

Hours Description

06/01/09 D T Arlington 2.60 Prepared motion to abate Gagosian Gallery lawsuit; telephone

conference with Kevin Sadler regarding REDACTED

; prepared email to Richard Roper regarding same;

prepared and finalized documents regarding REDACTED



06/01/09 T M Davis 2.00 Work on Bukrinsky response; read M. Lovett emails re process

and send emails re same; telephone conference with K.

Blumenschein re Bukrinsky response; read additional emails re

same; read TK comments.

06/01/09 K W Hinton 8.50 Reviewed cases and updated case statuses and deadlines in

chart; reviewed, edited motion, prepared, e-filed and drafted

email to court with courtesy copy of motion to abate, order and

appendix; met with S. Ayers regarding AmEx subpoena;

drafted subpoena and request for production to AmEx; met

with D. Arlington and A. York regarding stipulations; met with

V. Garcia regarding Stanford case background, tasks and

coverage; reviewed AmEx subpoena and exhibit and drafted







281

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 215 of 377

Page 214









Hours Description

email with service of same; calendared response for subpoena;

met with S. Ayers regarding pleadings and Stanford coverage;

coordinated coverage for cite checks; coordinated coverage for

pulling cases for brief.

06/01/09 S A Massad 2.00 Reviewed and commented on response to Bukrinsky motion;

various telephone conferences, office conferences and e-mail

correspondence regarding same and other issues.

06/01/09 D S Rohleder .60 Updated Filed Documents on the Shared Drive for the Stanford

Main Suit and Federal Cases related to Stanford;

06/01/09 K M Sadler 1.30 Reviewed pleadings and issues regarding Trustmark/Cisco/HP

V litigation; reviewed SPR issue

06/02/09 D T Arlington .50 Conference with Kevin Sadler regarding Dillon Gage/Gagosian

Gallery filings; reviewed materials relating to lead plaintiff

motion in Hernandez case

06/02/09 J A Cialone, II .40 Attention to clawback issues.

06/02/09 S W Cooper .30 Attended to issues regarding USVI suits.

06/02/09 K W Hinton 8.00 Met with L. Fluker, V. Garcia and E. Reeder regarding cite

checks; met with V. Garcia, D. Rohleder and S. Jampala

regarding Stanford case background, tasks and coverage;

prepared Affidavits and sent same to Nickens Keeton;

supervised and assisted with pulling cases; supervised and

assisted with citations in brief; quality-checked affidavits;

drafted letter to Nickens Keeton; reviewed DVDs, drafted letter

and sent DVDs to Preston-Jones; supervised and assisted with

records check; reviewed appeals record and discussed same

and deadlines with S. Ayers; call to Appeals clerk regarding

record and deadlines; met with S. Ayers regarding same;

drafted and exchanged emails with Appeals clerk; reviewed

Response to Examiner's Report and coordinated cite check.

06/02/09 S Jampala 6.30 Reviewed and updated federal and state cases and main suit;,

saved documents onto the share drive; worked and uploaded

necessary documents to the extranet; quality checked D.

Rohleder's work while I was out; fixed share drive as needed;

reviewed D. Rohleder boxes index for A. York's review.

06/02/09 R C Lewis 1.20 Received and reviewed updates on USVI pre-receiver matters;

analyzed files and drafted correspondence regarding proposed

action items related to same.

06/02/09 S A Massad .50 Reviewed various filings.

06/02/09 D S Rohleder 5.00 Updated the Response to Examiner's Report with appropriate

case law pinpoint references; Updated Stipulation Log;

Performed Records Check for the Response to Examiner's







282

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 216 of 377

Page 215









Hours Description

Report;

06/03/09 S W Cooper .80 Telephone conference with Kevin Sadler regarding Galleria

case; telephone conference with Sean Gorman regarding same.

06/03/09 T M Davis 2.70 Meeting with Receiver to discuss fraudulent transfer and relief

defendant matters.

06/03/09 R I Howell 5.50 Worked on REDACTED for Ch. 15 response.

06/03/09 S Jampala 3.00 Reviewed and updated federal and state cases and main suit;,

saved documents onto the share drive; uploaded necessary

documents to the extranet; quality checked D. Rohleder's index

for A. York.

06/03/09 D S Rohleder .50 Updated filed documents on the shared drive for all federal

cases relating to Stanford;

06/03/09 W F Stutts, Jr. .60 Reviewed with Mr. Sadler and Mr. Howell and others

REDACTED





; extended communications with Mr. Soderlund

and reviewed his information.

06/04/09 D T Arlington .90 Telephone conferences with Trustmark counsel regarding letter

of credit settlement issues; exchanged email with team and

counsel for Trustmark regarding same

06/04/09 S W Cooper .40 Attended to issues on Westridge stay; emailed with counsel for

Antigua receiver.

06/04/09 S Jampala 6.50 Reviewed and updated federal and state cases and main suit;,

uploaded necessary documents to the extranet; quality checked

extranet for any discrepancies; sent last six boxes indexed to A.

York for review; sent financial documents to the file per K.

Hinton's request; corresponded with V. Garcia about sending

documents to the file and saving documents to the shared drive.

06/04/09 V R Walker 4.00 Assembled and organized court papers, source materials and

correspondence.

06/05/09 D T Arlington .20 Reviewed correspondence from Trustmark regarding letters of

credit

06/05/09 S W Cooper .60 Attended to issues regarding FINRA subpoena in Morgan

Keegan matter; attended to response from plaintiffs in

Westridge matter; emailed with Jones Day attorney regarding

same.

06/05/09 R A Husseini .50 Attention to motion to compel.

06/05/09 D S Rohleder 1.00 Updated shared drive for documents in all relevant federal

cases;







283

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 217 of 377

Page 216









Hours Description

06/06/09 W F Stutts, Jr. 3.90 Worked on Janvey declaration for US Chapter 15 motion and

commentary on Vantis submissions.

06/07/09 J A Cialone, II 1.00 Reviewed and commented on FTI affidavit to be sued in

various proceedings.

06/07/09 R C Lewis 2.60 Reviewed new information on USVI claims; drafted and sent

correspondence to local counsel related to same; drafted

witness interview summaries.

06/07/09 W F Stutts, Jr. 2.40 Reviewed commentary on Vantis position; response on Chapter

15 memorandum; evidence in opposition; also commented on

Janvey affidavit.

06/08/09 S W Cooper .60 Attended to litigation issues regarding Stanford correspondence

and private equity approval process; call with FTI regarding

contingent liability approval process; office conference with

Russell Lewis regarding same.

06/08/09 R A Husseini .40 Attention to motion to compel.

06/08/09 S Jampala 2.30 Reviewed and updated federal and state cases and main suit;

uploaded necessary documents to the extranet; quality checked

shared drive; sent last seven boxes to A. York for review; sent

Financial documents to the file per K. Hinton's request.

06/08/09 W F Stutts, Jr. 2.10 Reviewed and commented on and provided information and

identified evidence regarding Chapter 15 REDACTED .

06/09/09 S W Cooper 1.20 Attended to issues regarding new foreclosure litigation in

Florida and trustee suit in Texas; attended to issues regarding

Galleria lawsuit assessment.

06/09/09 S Jampala 1.80 Reviewed and updated federal and state cases and main suit;

uploaded necessary documents to the extranet.

06/09/09 R C Lewis 2.60 Phone conference with Joel Holt, local counsel, regarding

USVI matters; reviewed information forwarded related to same

to provide recommendation on handling; drafted summaries of

same and circulated to team members; reviewed new

information related to Polk County foreclosure action;

conference with Sam Cooper regarding same.

06/09/09 S A Massad 1.30 Reviewed and commented on final drafts of brief and

declarations in response to Vantis.

06/10/09 S W Cooper .80 Worked on USVI issues; worked on Galleria lawsuit issues.

06/10/09 D S Rohleder 1.00 Updated Shared drive for documents relating the Stanford case;

06/11/09 D T Arlington 1.50 Worked on motion to abate in HP/Trustmark suit.

06/11/09 S W Cooper 2.40 Worked on issues regarding USVI lawsuits including King









284

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 218 of 377

Page 217









Hours Description

Cross Street and 55 King Street; office conference with Sean

Gorman on Galleria case; worked with Russell Lewis on filing

issues; reviewed SDC reply brief.

06/11/09 D S Rohleder 1.00 Updated Shared drive for documents relating the Stanford case;

06/12/09 D T Arlington 1.40 Finalized preparation of motions to abate Trustmark lawsuits;

communicated with opposing counsel regarding same

06/12/09 S W Cooper .60 Worked on issues regarding Galleria lawsuit.

06/12/09 R C Lewis 1.00 Phone call with local counsel regarding status of USVI matters;

drafted correspondence regarding same.

06/12/09 D S Rohleder 1.00 Updated Shared Drive with all filed documents relating to the

Stanford matter;

06/12/09 H C Tucker 1.90 Researched the ownership of Stanford Corporate Services

(Venezuela), C.A. for a memo.

06/15/09 S W Cooper .80 Reviewed and commented on Galleria lawsuit material;

telephone conference with Sean Gorman regarding same;

worked on stay for cases related to Westview suit.

06/15/09 D S Rohleder 1.30 Updated Shared Drive for all Relevant Cases Relating to

Stanford;

06/15/09 E A Soderlund .60 Review INX reclamation motion and assign R. DeLaune to

assist in research and drafting of response to same.

06/16/09 S W Cooper 1.10 Revised motion on Park Hill Group approval; attended to

issues regarding Coins and Bullion matter.

06/16/09 K W Hinton 9.50 Reviewed liens and drafted notice to Letsos Co.; reviewed

correspondence from T. McCarthy and drafted notice regarding

same; reviewed Complaint and drafted notice to Hillard and

Rogers; reviewed correspondence from T. Brown and drafted

notice regarding same; prepared and e-filed stipulation;

reviewed various emails regarding Stanford cases; supervised

and assisted with updating deadlines chart; assisted with

Sanchez notice; reviewed list of financial advisors and chart

with attorney information; drafted email to S. Ayers regarding

same; met with V. Garcia regarding coverage and Stanford

case status.

06/16/09 D S Rohleder 3.00 Added new cases to the Shared Drive in matters relating to the

Stanford case; Updated all files and documents on shared drive;

06/16/09 E A Soderlund 1.40 Review case law and other legal authorities concerning

REDACTED , confer with colleague regarding

REDACTED , and outline response to INX reclamation motion.

06/17/09 S W Cooper .30 Worked on issues regarding Galleria lawsuit.







285

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 219 of 377

Page 218









Hours Description

06/17/09 K W Hinton 9.50 Supervised and assisted with shared drive; drafted Motion to

Abate and Order for Westridge case; reviewed Motion to

Disqualify Baker Botts and related articles, forwarded same

article to S. Ayers; met with S. Ayers regarding serving relief

defendants in related case; researched form letter for financial

advisors without counsel; prepared and e-filed stipulations;

quality-checked shared drive and charts, drafted emails to D.

Rohleder regarding same; coordinated run to Travis Co.

regarding related cases, reviewed pleadings and drafted email

to S. Ayers regarding same; updated deadlines chart; reviewed

Ben Barnes production.

06/17/09 D S Rohleder 2.50 Updated Shared Drive with all relevant documents to cases

relating to Stanford; Added new cases to track to the Shared

Drive; Performed run to the Travis County Court House to

obtain documents pertaining to related Stanford cases;

06/17/09 E A Soderlund 6.70 Prepare draft of consolidate reply to multiple responses in

opposition to real property sale procedures motion.

06/18/09 D S Rohleder 5.00 Performed Records check for impending Motion; Pulled Case

law from Westlaw and saved to shared drive for K Hinton;

Check PACER and updated all documents on our shared drive

and extranet that were related to the Stanford matter; Assisted

Attny S Ayers with misc. projects relating to impending

Motion;

06/18/09 E A Soderlund 8.90 Prepare draft of consolidate reply to multiple responses in

opposition to real property sale procedures motion.

06/19/09 D S Rohleder 3.50 Performed a Records cite check for an impending Motion to be

filed; Checked PACER for all recently filed documents relating

to the Stanford matter and updated them on our system and the

extranet.;

06/19/09 E A Soderlund 1.90 Review cases regarding reclamation issues and direct R.

DeLaune in drafting response to INX motion for reclamation.

06/22/09 J A Cialone, II .70 Attention to affirmative action lawsuits; reviewed claims

possibilities related to brokers.

06/22/09 S W Cooper 1.40 Drafted memorandum regarding Galleria matter; telephone

conference with Sean Gorman regarding same.

06/22/09 K W Hinton 7.50 Supervised and assisted with shared drive; prepared documents

for certification and coordinated certification of same;

researched appellate record and met with S. Ayers regarding

same; updated tracking chart for stipulations; researched

stipulations filed under seal, met with D. Arlington regarding

same; reviewed, prepared and e-filed first supplemental

complaint against additional relief defendants; updated shared







286

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 220 of 377

Page 219









Hours Description

drive.

06/22/09 D S Rohleder 2.00 Updated Shared Drive for related cases;

06/22/09 E A Soderlund 2.20 Participate in conference call regarding numerous real estate

issues.

06/23/09 M E Burnett .30 Searched for broker and title company information in sale of

property at the request of Katherine Hinton.

06/23/09 J A Cialone, II .80 Reviewed Louisiana court papers and considered implications

of Louisiana activities.

06/23/09 S W Cooper .70 Telephone conference with Kevin Sadler regarding house sale

issue; telephone conference with Sue Ayers regarding same.

06/23/09 K W Hinton 8.80 Researched individual who received correspondence from,

regarding account holder; drafted email to S. Ayers regarding

findings on individual; drafted notice letter to individual;

reviewed liens and drafted notice to Letsos Co.; researched sale

of Beki Reeves house; obtained warranty deed and property

transaction history and met with S. Ayers regarding same;

researched appellate record; drafted subpoenas and request for

production to attorneys, seller and buyers involved with sale of

Beki Reeves home; assisted D. Arlington with pleadings.

06/23/09 D S Rohleder 2.50 Updated Shared Drive with all relevant filings related to the

Stanford case;

06/23/09 E A Soderlund 2.20 Review, revise, and edit draft of response to INX motion for

reclamation (2.2).

06/24/09 S W Cooper 1.40 Worked on Florida house sale issues; drafted letter to counsel

regarding same; reviewed material from Sue Ayers; attended to

disposition of BVI cases.

06/24/09 K W Hinton 9.80 Drafted email to R. Lewis and S. Cooper attaching Beki

Reeves home warranty deed and property transaction history;

reviewed Ben Barnes production; drafted emails to R. Lewis

and S. Cooper with 754 filing and Motions to Show Cause;

prepared and e-filed stipulations; researched correspondence

from Priovolos and provided same to R. Lewis; researched case

statuses and updated post-receiver case deadlines chart;

obtained filings in Harris Co.; drafted emails to S. Ayers with

updates on Ben Barnes production review.

06/24/09 D S Rohleder 2.50 Updated Shared Drive with all relevant filings related to the

Stanford case; Scanned selected documents for K Hinton

regarding Ben Barnes Production;

06/24/09 E A Soderlund 1.60 Work on draft of response to INX motion for reclamation and

direct R. DeLaune to revise same in accordance with my









287

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 221 of 377

Page 220









Hours Description

direction.

06/25/09 S W Cooper .70 Telephone conferences with counsel for Reeves-Stanford;

attended to issues regarding disposition of house proceeds.

06/25/09 K W Hinton 8.00 Assisted B. Howell with pleadings; reviewed Ben Barnes

production; drafted emails to S. Ayers with updates on Ben

Barnes production review; met with D. Arlington regarding

service of relief defendants; communicated with process server

regarding service of relief defendants; assisted D. Arlington

with pleadings; provided copies of all examiner report briefing

to team per the request of S. Ayers; communicated with S.

Ayers regarding Orders; reviewed, prepared and e-filed second

supplemental complaint against additional relief defendants;

prepared and e-filed stipulations.

06/25/09 R C Lewis 7.20 Drafted motion for emergency relief as to funds held by

Rebecca Reeves-Stanford; conference call with opposing

counsel regarding same; began drafting motion for sale of IOM

investment proceeds.

06/25/09 T M Moratto Jr. .50 Assisted with scanning and saving of B. Barnes Production

Documents for K. Hinton.

06/25/09 D S Rohleder 3.00 Updated Shared Drive with all relevant filings related to the

Stanford case; Scanned selected documents for K Hinton

regarding Ben Barnes Production;

06/25/09 E A Soderlund 3.10 Revise, edit, and distribute for comment response to INX

motion for reclamation (3.1).

06/26/09 S W Cooper .30 Telephone conference with counsel for Reeves-Stanford.

06/26/09 K W Hinton 6.30 Reviewed Ben Barnes production; drafted emails to S. Ayers

with updates on Ben Barnes production review; drafted

Summons for relief defendants; reviewed case information and

statuses and updated post-receiver tracking chart.

06/26/09 R C Lewis 2.40 Drafted motions to approve sales of IOM and Midway

interests; reviewed material in anticipation of same; prepared

for and participated in conference call with opposing counsel

regarding IOM deal.

06/26/09 D S Rohleder 2.00 Updated Shared Drive with all relevant filings related to the

Stanford case; Scanned selected documents for K Hinton

regarding Ben Barnes Production;

06/26/09 E A Soderlund .70 Revise and edit, and finalize for filing response to INX

reclamation motion (0.7).

06/29/09 S W Cooper 2.40 Telephone conference with Kevin Sadler on Galleria and

Florida house sales issues; telephone conference with counsel









288

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 222 of 377

Page 221









Hours Description

for Reeves-Stanford; reviewed correspondence and documents

regarding same; revised Galleria memorandum; attended to

D&O payment issue.

06/29/09 K W Hinton 5.50 Reviewed and finalized summons for relief defendants;

researched issuing summons electronically in Northern District

Texas; coordinated having summons issued with K. Scanlan;

researched stipulations filed under seal; call with A. York

regarding same; provided update to J. Fitzwater regarding

same; supervised and assisted with updating shared drive;

assisted S. Ayers with review of Ben Barnes production;

communicated with process server regarding service of

summons.

06/29/09 V R Walker 1.50 Assembled and organized court papers.

06/30/09 S W Cooper 1.10 Telephone conferences with Ben Krage regarding Galleria suit;

telephone conference with Sean Gorman regarding open issue;

attended to issue regarding Florida house sale.

06/30/09 T M Moratto Jr. 1.00 Assisted with case pull of Stanford's Receiver Response (6/30)

for E. Reeder.

06/30/09 D S Rohleder 2.30 Updated Shared Drive with all relevant filings related to the

Stanford case; Assisted with Case Pull for E Reeder;

06/30/09 V R Walker 4.50 Assembled and organized court papers.

07/01/09 M E Burnett .20 Provided copies of cases for Bill Stutts.

07/01/09 S W Cooper .30 Reviewed material on USVI lawsuits.

07/01/09 D S Rohleder 1.00 Updated Shared Drive with all relevant filings related to the

Stanford case;

07/02/09 S A D Ayers 1.00 Telephone conference with office of Michael Quilling

regarding proposed settlement and response due Monday;

reviewed motion to extend deadline and approved for filing;

reviewed letter offer of settlement.

07/02/09 M E Burnett 2.10 Searched for cases and case commentary for Bill Stutts.

07/02/09 S W Cooper .80 Attended to issues regarding proposed Walton counterclaims;

emailed with opposing counsel on Reeves-Stanford issues.

07/02/09 K W Hinton 3.50 Met with S. Ayers regarding case status, freeze order, account

releases and appeal; drafted Motion and Order for Extension of

Time; reviewed update from process server on service of

financial advisors and updated chart tracking same; call with

process server regarding service issues; drafted email with

update on service to D. Arlington.

07/02/09 D S Rohleder 1.00 Updated Shared Drive with all relevant filings related to the







289

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 223 of 377

Page 222









Hours Description

Stanford case;

07/03/09 D S Rohleder .60 Updated Shared Drive with all relevant filings related to the

Stanford case.

07/03/09 R K Shah 2.70 Communicated with Sue Ayers concerning jurisdiction

research project; reviewed and analyzed personal jurisdiction

cases sent by Sue Ayers; conducted preliminary research on

question of in rem jurisdiction.

REDACTED

07/04/09 R K Shah 3.70 Conducted research on question of

.

07/05/09 R K Shah 9.40 Communicated with Sue Ayers concerning additional research

questions related to receivership statutes and jurisdictional

requirements; reviewed cases sent by Matt Wood on SEC

receivership as it relates to jurisdiction; continued research to

REDACTED

.

07/06/09 K W Hinton 6.70 Supervised and assisted with updating shared drive; researched

tax courts and drafted email to D. Rohleder regarding same;

communicated with process server regarding service of relief

defendants; researched alternative addresses for relief

defendants; prepared and e-filed Notice of UK Judgment and

Appendix in Support; managed staff and projects and provided

instructions on same; drafted email to D. Arlington with

summary of service on relief defendants.

07/06/09 D S Rohleder 1.00 Updated Shared Drive with all relevant filings related to the

Stanford case;

07/06/09 R K Shah 8.40 Researched and wrote memorandum on REDACTED





; wrote additional section on REDACTED









.

07/07/09 M E Burnett .20 Searched for updated addresses for specified individuals at the

request of Katherine Hinton.

07/07/09 S W Cooper .40 Attended to issues regarding Galleria case.

07/07/09 K W Hinton 3.80 Drafted summons for Rocky Roys and coordinated issuing of

same with K. Scanlan; researched alternative addresses for

financial advisors; reviewed case and updated status chart;

drafted email to S. Ayers regarding same.

07/07/09 D S Rohleder 1.00 Updated Shared Drive with all relevant filings related to the

Stanford case;









290

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 224 of 377

Page 223









Hours Description

07/07/09 R K Shah 3.10 Made changes to memorandum on jurisdiction as requested by

Sue Ayers; read, analyzed and provided highlighted cases on

jurisdiction as requested by Sue Ayers.

07/08/09 S A D Ayers 2.00 For filing in chapter 15 action, edited motion regarding U.K.

judgment.

07/08/09 R C Lewis .40 Reviewed new material sent regarding Antigua cases.

07/08/09 T M Moratto Jr. .40 Per K. Hinton, assisted in the preparation of the summons.

07/08/09 D S Rohleder 1.10 Updated Shared Drive with all relevant filings related to the

Stanford case.

07/09/09 S W Cooper .10 Attended to insurance policy payment issues.

07/09/09 T M Moratto Jr. 1.30 Per K. Hinton, assisted with case law pull for shared drive and

use in cite checking (0.5); Per K. Hinton, assisted in

preparation of summons (0.3); Per K. Hinton, created 754

Notice list spreadsheet for review (0.5).

07/09/09 D S Rohleder 3.50 Updated Shared Drive with all relevant filings related to the

Stanford case; Consolidated exhibits for specific document for

in the Hamilton-Smith case for K Hinton;

07/10/09 S W Cooper .60 Attended to Coins & Bullion matter; attended to Stanford

Condominium Owners motion; office conference with Russell

Lewis regarding same.

07/10/09 T M Moratto Jr. 2.00 Updated 754 Notice list for K. Hinton.

07/10/09 D S Rohleder 2.00 Updated Shared Drive with all relevant filings related to the

Stanford case.

07/11/09 J A Cialone, II .40 Calls and emails about deposition subpoena and schedule.

07/12/09 J A Cialone, II .40 Continued calls and emails related to deposition strategies.

07/13/09 S A D Ayers 1.00 Drafted motion and order to dismiss Sanchez employment case

in NYC; edited motion to dismiss Adams class action in SD

Texas at request of plaintiffs' lawyer.

07/13/09 J A Cialone, II .40 Attention to new class action suit against Antigua and

considered consequences.

07/13/09 S W Cooper .50 Attended to employee lawsuit issues; attended to Galleria

lawsuit concerns.

07/13/09 K W Hinton 10.00 Managed and supervised staff regarding various projects;

reviewed zip code and federal district information and drafted

email to M. Wood regarding same; prepared documents to send

to process server; drafted letter and prepared CDs for Osler;

assisted attorneys with shared drive and pleadings; reviewed

documents from foreign proceedings and provided instructions







291

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 225 of 377

Page 224









Hours Description

to D. Rohleder regarding same; assisted M. Wood with 754

notice filings; supervised and assisted with redactions; met

with S. Ayers regarding Sanchez case and hearing; coordinated

assistance with Sanchez case in New York; researched case

filed against Antigua and provided Complaint to S. Ayers;

assisted with preparing Appendix to Motion to File

Supplemental Evidence; prepared, e-filed and drafted email to

clerk with Motion to Extend Time to Respond to Haddads and

Singapore Puntamitas Motions and Proposed Order; provided

list of districts to file additional 754 notices to S. Ayers and L.

Medrano; researched issue with 754 notice filing in New York.

07/13/09 D S Rohleder 3.00 Updated Shared Drive with all relevant filings related to the

Stanford case; Assisted Attny S Ayers with creation of

Appendix; Created new folders on Shared Drive for new cases

to track;

07/14/09 S A D Ayers .50 Attention to filing court paper to stay Sanchez case in NY.

07/14/09 S W Cooper .40 Reviewed new documents regarding Florida litigation; emailed

with Kevin Sadler regarding same; attended to issues regarding

Galleria case.

07/14/09 K W Hinton 7.60 Reviewed information of Southern District Texas website

regarding transcript orders, drafted letter, completed form and

submitted to court; reviewed minutes from hearing and call to

court regarding same; exchanged emails with attorneys

regarding bank subpoenas and assisted with same; drafted

subpoenas for banks; assisted M. Wood with 754 notice filings;

supervised and assisted with updating shared drive; met with S.

Ayers regarding foreign proceedings; coordinated with

attorneys regarding foreign proceedings, reviewed documents

and updated shared drive with same.

07/14/09 D S Rohleder 6.00 Created folder for the Criminal Case against Stanford, and

uploaded all filings to Shared Drive; Found information

regarding United States District Clerk of Courts for Attny M

Wood; Updated Shared Drive with all relevant filings related to

the Stanford case;

07/15/09 S W Cooper .30 Telephone conference with Sean Gorman; reviewed

correspondence on Florida house issue.

07/15/09 K W Hinton 6.00 Drafted emails and communicated with various counsel

regarding foreign proceeding filings; researched charges on

invoices and drafted emails to S. Ayers regarding same;

reviewed documents received from Osler; supervised and

provided instructions to D. Rohleder regarding foreign

proceeding documents; researched e-filing new complaint and

coordinated with S. Ayers and B. Martin regarding same;







292

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 226 of 377

Page 225









Hours Description

prepared civil cover sheet and certificate of interested persons

for new complaint; prepared Receiver's Motion to Appoint

Private Equity Advisor for e-filing.

07/15/09 D S Rohleder 5.50 Updated Shared Drive with all relevant filings related to the

Stanford case; Organized correspondence of emails and

documents from K Hinton onto Shared Drive for general access

of case relevant information

07/15/09 D S Rohleder 2.00 Updated Shared Drive with all relevant filings related to the

Stanford case; Organized correspondence of emails and

documents from K Hinton onto Shared Drive for general access

of case relevant information;

07/15/09 V R Walker 3.00 Assembled and organized court papers and correspondence.

07/16/09 S W Cooper .30 Telephone conference with Katherine Roland regarding mater;

reviewed draft motion on Florida house sale.

07/16/09 K W Hinton 2.60 Called clerk regarding issue with new complaint and issues

with filing; drafted email to S. Ayers and B. Martin regarding

corrections required to fix complaint; coordinated and

exchanged emails with T. Moratto regarding request for

Stanford arraignment hearing; call with court reporters

regarding hearing transcript request; reviewed foreign

proceedings and drafted emails to D. Rohleder with

instructions for same.

07/16/09 T M Moratto Jr. 1.00 Per K. Hinton, contacted Southern District of Texas Clerk's

office to inquire on transcript order for 6/25/2009 hearing

transcript.

07/16/09 D S Rohleder 3.50 Updated Shared Drive with all relevant filings related to the

Stanford case; Organized correspondence of emails and

documents from K Hinton onto Shared Drive for general access

of case relevant information

07/17/09 S W Cooper .80 Worked on Florida motion.

07/17/09 T M Davis .70 Review relief defendant drafts.

07/17/09 K W Hinton 7.10 Reviewed foreign proceedings and drafted emails to D.

Rohleder with instructions for same; coordinated with London

office regarding foreign proceeding filings.

07/17/09 D S Rohleder 9.00 Updated Shared Drive with all relevant filings related to the

Stanford case; Organized correspondence of emails and

documents from K Hinton onto Shared Drive for general access

of case relevant information.

07/20/09 H M Chappel .50 Reviewed list of Stanford Financial Advisors and compared it

to "Receiver's Complaint Naming Stanford Financial Group









293

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 227 of 377

Page 226









Hours Description

Advisors as Relief Defendants" per S. Ayers's request.

07/20/09 S W Cooper 3.30 Interviewed Richard LaMothe; office conference with Craig

Adams regarding same; worked on motion on Florida house

sale.

07/20/09 K W Hinton 8.80 Reviewed and prepared files for Janvey notebooks; coordinated

same with K. Scanlan; OCR'ed documents for Janvey CDs;

supervised and assisted T. Moratto with searches for Federal

Districts and updating chart for 754 notice filings; supervised

and managed staff on various projects; researched case

statuses; updated shared drive; reviewed correspondence and

drafted notice to Carter-Ruck.

07/20/09 R C Lewis 1.00 Reviewed new information regarding USVI claims;

correspondence with local counsel regarding same.

07/20/09 T M Moratto Jr. .50 Per K. Hinton, updated 754 Notice list for attorney review.

07/20/09 C W Rancher 7.00 Reviewed corporate minute books for indemnity provisions;

drafted summary memorandum; selected documents for Dallas

review.

07/20/09 D S Rohleder 5.50 Updated Shared Drive with all relevant filings related to the

Stanford case; Assisted Attny S Ayers with data collection

regarding pending lawsuits related to Stanford;

07/20/09 N M Starbuck .40 Provided R. Dougherty with incorporation documents for SFG

entities.

07/21/09 M E Burnett .40 Searched for contact information for Manuel Malvaez at the

request of Katherine Hinton.

07/21/09 J A Cialone, II .50 Worked on affirmative claims issues.

07/21/09 S W Cooper 1.10 Telephone conference with Kevin Sadler regarding interview

material; reviewed relevant material; worked on Florida issues.

07/21/09 T M Davis .90 Review relief defendant pleadings (.4); read and respond to

emails regarding same (.5).

07/21/09 K W Hinton 4.60 Reviewed and prepared files for Janvey notebooks; coordinated

same with K. Scanlan; ocr'ed documents for Janvey CDs;

attended to issues with service of summonses; drafted motion

for extension of time to respond and order; reviewed

documents received regarding UK matter and assisted D.

Rohleder with updating shared drive; prepared and e-filed

stipulations.

07/21/09 J C Huddleston 7.70 Attention to reproduction of Stanford corporate files at the

direction of Harrison Tucker and Client Rancher.

07/21/09 C W Rancher 10.30 Reviewed corporate minute books for indemnity provisions;







294

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 228 of 377

Page 227









Hours Description

drafted summary memorandum.

07/21/09 D S Rohleder 2.50 Updated Shared Drive with all relevant filings related to the

Stanford case;

07/21/09 R K Shah 2.70 Cleared conflict checks as requested by Brendan Day;

coordinated and communicated with several Partners to

determine if individuals and entities created a conflict of

interest.

07/21/09 N M Starbuck 1.50 At the request of C. Rancher provided R. Dougherty with SFG

entities Incorporation documents.

07/21/09 H C Tucker 7.80 Reviewed indemnification provisions within the charter

documents for all Stanford entities with records at the Houston

office.

07/22/09 S W Cooper 1.40 Office conference with Russell Lewis regarding USVI matter;

telephone conference to potential witness; reviewed and

responded to email on opposing counsel's filing; telephone

conference with Sean Gorman regarding Galleria matter;

telephone conference with David Gerger regarding Maricio

Alvarado.

07/22/09 T M Davis 1.70 Read additional briefing; telephone conferences with J. Cialone

and K. Sadler.

07/22/09 K W Hinton 6.80 Prepared and e-filed Midway Motion and Appendix and served

same; drafted Letsos motion and order; assisted B. Stutts with

pleadings; reviewed documents and researched letters and sent

example letters and documents to R. Lewis for notice to

parties; updated calendar reminders; researched issue with

videos sent to Canadian counsel and responded regarding

same; prepared and ocr'ed documents for Janvey.

07/22/09 R C Lewis 1.50 Reviewed new material regarding USVI claims; drafted letter

regarding same.

07/22/09 C W Rancher 8.50 Reviewed corporate minute books for indemnity provisions;

drafted summary memorandum.

07/22/09 D S Rohleder 1.00 Updated Shared Drive with all relevant filings related to the

Stanford case;

07/22/09 R K Shah 3.20 Continued conflicts checks as requested by Brendan Day;

continued following up with Partners from across the law firm

in order to check on conflicts related issues.

07/22/09 N M Starbuck 1.40 Processed SFG entities Incorporation documents for review by

C. Adams and R. Dougherty.

07/22/09 H C Tucker 9.10 Completed review of indemnification provisions; drafted a









295

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 229 of 377

Page 228









Hours Description

memo summarizing the various provisions.

07/23/09 H M Chappel .80 Compiled and prepared recently filed court documents in

preparation for attorney review.

07/23/09 S W Cooper 1.00 Worked on motion regarding Florida house sale.

07/23/09 K W Hinton 5.80 Drafted email to D. Arlington regarding counsel and service

issues with financial advisors; met with D. Arlington regarding

issues with amended complaint; managed and coordinated staff

for upcoming filings; reviewed and prepared files for Janvey

notebooks; coordinated same with K. Scanlan; ocr'ed

documents for Janvey CDs; researched issues with e-filing

amended complaint and drafted email to S. Ayers and D.

Arlington summarizing same.

07/23/09 R K Shah 1.80 Completed additional conflicts checks as requested by Brendan

Day; continued follow up.

07/24/09 M E Burnett .10 Searched for contact information for Manuel Malvaez for

Katherine Hinton.

07/24/09 H M Chappel .50 Compiled and prepared recently filed court documents in

preparation for attorney review.

07/24/09 S W Cooper .50 Reviewed and revised response to Condo Association motion.

07/24/09 K W Hinton 8.30 Met with D. Arlington regarding amended complaint and

motions; managed and coordinated staff for upcoming filings

and cite checks; reviewed motions and amended complaint;

supervised case pulls; reviewed pleadings and sent same

requested to D. Arlington; drafted motion for extension of time

and e-filed and served same; drafted email to counsel regarding

agreement on motion for extension of time; prepared appendix

for response; revised appendix; prepared and e-filed response

and appendix.

07/24/09 R C Lewis 3.40 Drafted and revised Receiver's Response to SCOA's Motion for

Hearing.

07/24/09 R K Shah 3.10 Continued conflicts checks as sent by Brendan Day; met with

David Arlington to discuss and clear additional conflicts;

followed up with various firm Partners to clear potential

conflicts; conducted additional searches to clear conflicts.

07/25/09 K W Hinton 1.00 Reviewed SEC evidence for email documentation, per the

request of B. Day.

07/25/09 R K Shah 2.40 Followed up with Brendan Day on conflicts checks; performed

and cleared additional conflicts checks by conducting searches

and contacting Partners to investigate potential conflicts of

interest.









296

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 230 of 377

Page 229









Hours Description

07/26/09 K W Hinton 9.30 Coordinated and assisted with cite check of motion to freeze;

pulled cases and cite-checked motion for summary proceedings

and amended complaint; record-checked both motions and

amended complaint; prepared appendices; communicated with

D. Arlington regarding Monday filings.

07/26/09 R K Shah 3.60 Completed additional conflicts checks as requested by Brendan

Day; followed up with various Partners and communicated

results of conflicts checks to Brendan Day.

07/27/09 M E Burnett 1.10 Searched for contact information for specified companies and

individuals.

07/27/09 S W Cooper 2.60 Worked on Florida motion; telephone conference with potential

witness's counsel; reviewed Galleria Walton filing.

07/27/09 K W Hinton 6.20 Coordinated and assisted with checking cite check changes and

additions to motion to freeze; checked and researched cite and

records check changes and additions to motion for summary

proceedings and amended complaint; prepared appendices;

reviewed redlines to motions and amended complaint;

communicated with D. Arlington regarding filings; researched

local rules and drafted emails to D. Arlington and B. Day

regarding same; researched means of service for defendants

and communicated with B. Day and D. Arlington regarding

same.

07/27/09 T M Moratto Jr. 1.80 Per K. Hinton:Created exhibit cover pages for Motion to

Freeze Assets filing. Prepared Appendices to Motion to Amend

Complaint and Motion for Order to Freeze.

07/27/09 R K Shah 1.40 Conducted final conflicts checks for Brendan day.

07/27/09 R K Shah 7.80 Conducted emergency research for Kevin Sadler and David

Arlington regarding REDACTED





; reviewed and analyzed motions and

memorandum we prepared regarding disgorgement and relief

defendants; researched all US case law REDACTED

; prepared brief memorandum

analyzing law on disgorgement and receivership for review by

Kevin Sadler and David Arlington.

07/27/09 V R Walker 3.00 Assembled and organized court papers.

07/28/09 M E Burnett 1.20 Searched for contact information for specified companies and

individuals for Brendan Day.

07/28/09 H M Chappel 3.50 Compiled and prepared list of names of all Financial Advisors

per B. Day's request.









297

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 231 of 377

Page 230









Hours Description

07/28/09 S W Cooper 1.80 Finalized response to condo association motion for filing;

attended to issues raised by Polk County case; office

conference with Russell Lewis regarding same.

07/28/09 K W Hinton 10.10 Checked cite and records check changes and additions to

motions and amended complaint; prepared appendices;

reviewed redlines to motions and amended complaint; assisted

attorneys with review of motions and amended complaint;

revised motions and amended complaint; reviewed table of

authorities and table of contents, compared to motion to freeze

and revised same; prepared documents for filing; coordinated

with K. Scanlan notebooks for court; called court regarding

filings; drafted emails to clerk with orders and courtesy copies

of filings; e-filed freeze motion, orders and appendices; e-filed

Letsos motion, orders and appendices; reviewed amended

complaint and compared to information on attorneys for

account holders and updated spreadsheet; prepared and e-filed.

07/28/09 R C Lewis 2.90 Reviewed new information regarding claims in USVI and other

Caribbean jurisdictions; received and reviewed new

information regarding Polk County foreclosure proceeding;

conference with Sam Cooper regarding same; phone call with

plaintiffs' counsel regarding status of foreclosure proceeding

and default judgment; drafted correspondence regarding same.

07/28/09 D S Rohleder 1.00 Updated the Shared Drive for all relevant documents related to

the Stanford Case;

07/28/09 V R Walker 2.00 Assembled and organized court papers.

07/29/09 M E Burnett 1.30 Searched for contact information for list of specified

companies and individuals.

07/29/09 S W Cooper .40 Telephone conference with Sean Gorman; telephone call to Jim

Mutchnik on Galleria case; telephone conference with Bob

Wright regarding matter.

07/29/09 K W Hinton 11.30 Coordinated and communicated regarding service of relief

defendants; supervised and assisted D. Rohleder with updating

chart with attorney information for financial advisors;

communicated with B. Day regarding call from U.S. Marshalls;

communicated with attorneys regarding amended complaint,

summonses and service issues; updated notice letter to Carter-

Ruck and drafted email with service of same and AOR;

supervised and assisted D. Rohleder with preparing notebooks

for hearing and case law; reviewed same; updated summons

and addresses chart for service of amended complaint and

motions; reviewed joint motion for release of coins and bullion

and revised formatting and form for citations; prepared

appendix for same motion; reviewed stipulations and updated







298

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 232 of 377

Page 231









Hours Description

summons and addresses chart for service to same; prepared and

e-filed joint motion for release of coins and bullion and

appendix and served same.

07/29/09 D S Rohleder 1.00 Updated Shared Drive with relevant documents relating to the

Stanford case;

07/30/09 S W Cooper .80 Attended to issues regarding MDL filing; telephone conference

with CSC regarding service issues; telephone conference with

Ben Krage.

07/30/09 K W Hinton 9.30 Created index for case law notebook; revised index and

updated notebooks per the request of K. Sadler; supervised and

assisted T. Moratto with searches for Federal Districts and

updating chart for 754 notice filings; drafted emails with

service of amended complaint and motions to SEI and

Pershing; assisted M. Myers with inquiries regarding proof of

service; created list of attorneys to serve and provided same to

B. Day; supervised and assisted D. Rohleder with creating

chart for service of KVT-6 people/entities; coordinated

personal service of KVT-6; reviewed and quality-checked list

of new federal districts; communicated with M. Wood

regarding same; assisted attorneys with preparing for hearing

and coordinated same with K. Scanlan; drafted email to process

server with summons, documents and instructions for service

of same; created document for service by email.

07/30/09 T M Moratto Jr. 2.80 Per K. Hinton, Updated 754 Notice list with Relief Defendant's

tab.

07/31/09 S W Cooper 1.40 Telephone conference with James Mutchnik; telephone

conference with Sean Gorman; worked on issues regarding

Polk County case; reviewed MDL petition and related

materials.

07/31/09 K W Hinton 8.50 Created document for service by email; checked parties for

email service to those named in complaint; quality-checked list

for email service; checked email contact information in

attorney notes chart and compared same to list of defendants,

email list and updated email list with any named defendants not

listed; quality-checked same; researched issues with email

service; communicated with B. Day regarding service issues;

revised bank subpoenas and sent same to A. York; updated

chart regarding service of named relief defendants; prepared

and e-filed unopposed motions to extend deadline; reviewed

charts and provided requested information to D. Arlington

regarding stats on service; communicated with B. Day

regarding same.

07/31/09 R C Lewis 2.40 Drafted correspondence to counsel in foreclosure action







299

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 233 of 377

Page 232









Hours Description

regarding default judgment; phone call regarding same;

reviewed additional information regarding claims pending in

USVI.

08/03/09 M E Burnett .30 Searched for contact information for James Fontenot at the

request of Katherine Hinton.

08/03/09 S W Cooper 1.40 Attended to MDL and Galleria suit issues; telephone

conference with David Isaak; reviewed insurance material.

08/03/09 D S Rohleder 1.80 Updated Shared Drive for all relevant documents regarding the

Stanford Case; Pulled Case Law onto Shared Drive for K

Hinton;

08/04/09 S W Cooper 3.40 Worked on response to Galleria intervention motion; worked

on issues regarding Florida house sale; telephone conference

with Kevin Sadler on Galleria witness issues; reviewed

material on setting aside Florida judgment.

08/04/09 R C Lewis .40 Reviewed Motion to Vacate Default Judgment in Polk County,

Florida case; phone call with counsel for Resorts Construction

regarding same.

08/04/09 D S Rohleder 1.00 Updated Shared Drive for all relevant documents regarding the

Stanford case;

08/05/09 M E Burnett 1.30 Searched for contact information for list of specified

individuals and companies at the request of Katherine Hinton.

08/05/09 S W Cooper 1.80 Worked on REDACTED worked on REDACTED .

08/05/09 K W Hinton 5.00 Reviewed addresses and research and met with M. Burnett

regarding research for alternative addresses for service of

amended complaint; communicated with B. Day regarding

reviewed production from Hunton Williams; coordinated

REDACTED





and communicated with IT and lit support regarding

REDACTED researched and assisted

attorneys with REDACTED updated charts

regarding service.

08/05/09 D S Rohleder 1.50 Updated Shared drive for all relevant documents relating to the

Stanford matter;

08/05/09 R K Shah 2.70 Prepared final conflicts reports on several hundred individuals

as requested by Brendan Day.

08/05/09 V R Walker 3.50 Assembled and organized court papers and correspondence.

08/06/09 M E Burnett .20 Searched for contact information for Manuel Malvaez at the

request of Katherine Hinton.

08/06/09 H M Chappel .50 Compiled and prepared recently filed court documents in

preparation for attorney review.







300

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 234 of 377

Page 233









Hours Description

08/06/09 S W Cooper 2.20 Reviewed new discovery in Galleria matter; worked on

REDACTED attended to REDACTED

telephone conference with CSC regarding

REDACTED





08/06/09 K L Gaskamp 3.00 Organized materials relating to pending litigation and

conference with Sam Cooper regarding received

REDACTED





correspondence regarding West Villas foreclosure matter;

researched status of motion to REDACTED







08/06/09 K W Hinton 5.70 Researched issues with service and exchanged emails with B.

Day regarding researched and assisted with service of

REDACTED





appeal documents; prepared and e-filed appeal notices; called

court regarding appeal procedures; reviewed northern district

website regarding appeal procedures; communicated with D.

Arlington regarding reviewed instructions for transcript

REDACTED





order and coordinated same; researched service of Barnes

subpoena and drafted email to A. York with REDACTED









08/06/09 D S Rohleder .50 Updated Shared drive for all relevant documents relating to the

Stanford matter;

08/07/09 S W Cooper 1.30 Worked on REDACTED worked on REDACTED









08/07/09 K L Gaskamp 6.30 Prepared exhibits in support of Receiver's motion for order to

show cause why Reeves-Stanford, Melida Viera, and John

Priovolos should not be held in contempt.

08/07/09 K W Hinton 8.00 Researched rules regarding proof of service and drafted email

to B. Day regarding coordinated and communicated with

REDACTED





C. Sapp and A. York regarding REDACTED



; researched certificate of service for appeals and

drafted same for Letsos and Alguire appeals; reviewed docket

and pleadings and updated deadlines chart; assisted M. Scott

with unredacted invoices; coordinated and communicated

regarding cite check.

08/07/09 D S Rohleder 1.00 Updated Shared drive for all relevant documents relating to the

Stanford matter;

08/10/09 S W Cooper .80 Worked on REDACTED related to REDACTED

;

worked on REDACTED





08/10/09 K L Gaskamp 4.30 Cite checked brief in support of Reeves motion; prepared

exhibits for filing with the Court; prepared motions calendar.

08/10/09 D S Rohleder 1.00 Updated the Shared Drive for all relevant filings related to the

Stanford Matter;









301

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 235 of 377

Page 234









Hours Description

08/10/09 R K Shah .30 Assisted Brendan Day in locating relevant cases for broker

dealer clawback research.

08/11/09 S W Cooper 1.50 Worked on REDACTED

; drafted stipulation for

extension of time to respond.

08/11/09 L A Kujawski 1.30 Research REDACTED









08/11/09 D S Rohleder 1.60 Updated the Shared Drive for all relevant filings related to the

Stanford Matter; Obtained DM#'s for select Baker Botts filings

for Attny B Day.

08/12/09 S W Cooper 3.50 Worked on finalizing Reeves motion; worked on issues

regarding REDACTED ; worked on issues

regarding REDACTED





08/12/09 K L Gaskamp 1.50 Researched REDACTED

REDACTED

; prepared motions deadline

chart.

08/12/09 L A Kujawski 2.30 Research REDACTED





08/12/09 D S Rohleder 1.80 Updated the Shared Drive for all relevant documents relating to

the Stanford Case; Saved Correspondence emails sent from K

Hinton to the Shared Drive in matters relating to the English

Case.

08/13/09 S W Cooper 7.20 Drafted email to consult on Rebecca Reeves motion; telephone

conference with David Reece regarding same; emailed and

telephone conference with Melida Viera regarding motion;

emails and telephone conferences with counsel for Reeves

regarding motion; emails and telephone conferences with

counsel for Priovolos regarding motion; prepared for and

participated in REDACTED ; drafted

REDACTED ; reviewed REDACTED

; attended

to follow-up on Reeves issues.

08/13/09 K L Gaskamp 3.50 Prepared exhibits to Receiver's motion to show cause; drafted

Sam Cooper's declaration to same.

08/13/09 D S Rohleder 1.50 Updated the Shared Drive for all relevant documents relating to

the Stanford Case; Saved Correspondence emails sent from K

Hinton to the Shared Drive in matters relating to the English

Case.

08/14/09 S W Cooper 5.70 Telephone conference with Joan Schwartz at Pershing; worked

on REDACTED ; telephone conference with Ben

Krage regarding REDACTED telephone conference with

Kevin Sadler; emailed with Rebecca Stanford's counsel;

reviewed material from Melida Viera.









302

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 236 of 377

Page 235









Hours Description

08/14/09 K L Gaskamp .10 Received and reviewed representation letter from counsel for

John Priovolos.

08/14/09 D S Rohleder 2.00 Updated the Shared Drive for all relevant documents relating to

the Stanford Case; Redacted and Bates Numbered Appendix

for pending Motion for K Hinton; Saved Correspondence

emails sent from K. Hinton to the Shared Drive in matters

relating to the English Case.

08/15/09 S W Cooper 2.50 Worked on REDACTED





08/15/09 R K Shah 7.70 Researched question for Bill Stutts regarding REDACTED









08/16/09 R K Shah 1.60 Researched

REDACTED



, at request of Bill Stutts; communicated with Bill Stutts

regarding

08/17/09 S W Cooper 3.40 Worked on REDACTED ; correspondence with Melida Viera

regarding REDACTED ; worked on REDACTED

; telephone conference with John Lawrence on REDACTED









08/17/09 L A Kujawski 1.60 Draft insert regarding REDACTED ; correspond with S.

Cooper regarding REDACTED







08/17/09 D S Rohleder 2.40 Updated Shared Drive with all relevant Documents from cases

relating to the Stanford Matter; Applied Bates Labels for

pending Motion for K Hinton; Added new Cases to the Case

Lists and created folders for them on the Stanford Janvey

shared drive and Extranet.

08/17/09 V R Walker 3.00 Assembled and organized court papers and correspondence.

08/18/09 H M Chappel .50 Reviewed all tasks associated with compiling and preparing

recently filed court documents in preparation for attorney

review.

08/18/09 S W Cooper 2.70 Worked on REDACTED

; reviewed Walton letter

on purported privilege waiver; telephone conference with Chris

Lacy regarding same; correspondence with counsel for

Rebecca Stanford; finalized REDACTED .

08/18/09 M D Kusey 1.30 Researched and obtained copy of "Subpoena for Production of

Documents regarding "ADT Security Services S.A. de C.V. v.

Albert 24 Security, LLC et al from Receiver's correspondence

file and sent the same to Sue Ayers, Craig Adams and Kevin

Sadler.

08/18/09 D S Rohleder 1.00 Updated Shared Drive for all relevant documents related to







303

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 237 of 377

Page 236









Hours Description

Stanford case and similar cases; Applied bates labels to

Appendix for K Hinton.

08/18/09 V R Walker 3.00 Assembled and organized court papers and correspondence.

08/19/09 S W Cooper 2.90 Drafted court paper on REDACTED ; telephone

conference with Sean Gorman and David Berg on REDACTED ;

emailed with Ben Krage regarding ; emailed with

REDACTED





Walton attorneys on various issues; reviewed REDACTED

08/19/09 K L Gaskamp .10 Received order granting extension in Galleria matter; revised

pending motions calendar.

08/19/09 K W Hinton 7.80 Researched attorney information and drafted email to B. Day

regarding same; met with L. Dodge regarding financial advisor

documentation and supplemental complaint; researched and

assisted with representation questions per S. Ayers request;

researched appeal docket and assisted S. Ayers with same; met

with S. Ayers regarding REDACTED



reviewed dockets for 721, 724 and 1329 cases and created

deadlines chart; reviewed case statuses in post-receiver

litigation and updated deadlines chart.

08/19/09 M D Kusey .30 Organized the Receiver's correspondence storage area.

08/19/09 D S Rohleder 1.00 Updated Shared Drive for all relevant documents related to

Stanford case and similar cases.

08/20/09 S W Cooper 2.50 Telephone conference with Ralph Janvey and Ben Krage on

REDACTED ; worked on REDACTED ;

telephone conference with Chris Lacy regarding REDACTED







08/20/09 K W Hinton 8.80 Reviewed deadlines chart, revised and created new chart for

past due and moot briefing; researched who to address letter

regarding supplementing appeal records; drafted letter to clerk

regarding supplementing appeal records, revised same per the

request of S. Ayers; researched and assisted J. Knight with

appeal pleadings; assisted with inquiries regarding service;

created combined service and attorney information list;

prepared and e-filed pleadings; supervised and assisted with

updating shared drive; researched and assisted with questions

regarding information on financial advisors and original

complaint against relief defendants; exchanged emails

regarding deadlines tracking.

08/20/09 M D Kusey 3.50 Cite checked for Sam Cooper; office conference with

REDACTED





Sheila Bickel regarding REDACTED









08/20/09 R C Lewis .40 Reviewed new correspondence regarding REDACTED



reviewed background materials regarding REDACTED









304

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 238 of 377

Page 237









Hours Description

08/20/09 D S Rohleder 2.00 Updated Shared Drive for all relevant documents related to

Stanford case and similar cases.

08/21/09 S W Cooper 3.50 Revised and finalized REDACTED ; reviewed

REDACTED attended to REDACTED ;

emailed with attorney for John Priovolos.

08/21/09 K L Gaskamp 2.00 Received and reviewed correspondence regarding

REDACTED



; revised pending deadlines calendar; drafted

REDACTED assisted in

preparation of REDACTED

08/21/09 K W Hinton 6.50 Assisted with and coordinated preparation of IRS production;

drafted letter to N. Graml and coordinated service of

production; updated deadlines chart, pending motions ripe for

consideration and no responses chart; reviewed table of

contents and table of authorities and revised REDACTED

prepared and e-filed response and appendix;

created deadlines chart for related cases; drafted email to

attorneys with REDACTED

08/21/09 J B Lawrence 4.40 Research and REDACTED









08/21/09 D S Rohleder 2.00 Updated Shared Drive for all relevant information regarding

the related Stanford Cases; Organized and added select

documents to the Shared Drive for Attny S Ayers and K

Hinton;

08/24/09 S W Cooper 2.20 Worked on REDACTED

; reviewed

REDACTED



; reviewed REDACTED ; reviewed

REDACTED





08/24/09 K L Gaskamp .20 Updated Stanford matters pending deadlines calendar.

08/24/09 K W Hinton 6.00 Updated service charts; updated deadlines chart, pending

motions ripe for consideration and no responses chart;

coordinated and communicated with process server regarding

service of financial advisors; assisted B. Day with service

issues; researched new case in Harris Co. and communicated

with A. York regarding communicated with attorneys

REDACTED





and L. Dodge regarding REDACTED

08/24/09 D S Rohleder 1.20 Updates Shared Drive for all relevant case information

regarding the Stanford Matter;

08/25/09 S W Cooper 4.80 Reviewed filings by John Priovolos; worked on REDACTED

; telephone conference with Sean Gorman and

David Berg; reviewed REDACTED ; worked on REDACTED







305

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 239 of 377

Page 238









Hours Description





08/25/09 D S Rohleder 2.50 Updates the Shared Drive for all relevant documents relating to

the Stanford Matter; Pulled Case Law for K Hinton;

08/26/09 S W Cooper 2.90 Worked on REDACTED ; worked on REDACTED

reviewed REDACTED ; telephone conference with Sean

Gorman; attended to REDACTED .

08/26/09 K W Hinton 5.80 Researched REDACTED and drafted email to K. Sadler

regarding supervised and assisted with updating shared

REDACTED





drive; coordinated with L. Dodge regarding service;

coordinated with process server regarding service; reviewed

and reconciled missing documents from appellate record;

drafted email to S. Ayers regarding same; prepared and e-filed

Supplemental Complaint, Appendix and Response to Motion to

Modify Order; coordinated with B. Day regarding filings and

service; updated deadlines chart; coordinated with Dallas

regarding appeal record.

08/26/09 M D Kusey .80 Printed correspondence log; cross-referenced logged

correspondence to corresponding storage boxes.

08/26/09 D S Rohleder 3.30 Updated Shared Drive for all relevant filings regarding related

Cases in the Stanford Matter;

08/27/09 S W Cooper 2.00 Worked on issues regarding REDACTED ; worked on

issues regarding REDACTED



08/27/09 K L Gaskamp .20 Researched status of order on motion to set aside default in

West Villa foreclosure matter.

08/27/09 D S Rohleder 1.00 Updated Shared Drive for all Relevant Documents relating to

the Stanford Matter;

08/28/09 S W Cooper 1.60 Attended to issues regarding REDACTED ; reviewed

correspondence from Walton on Galleria case; finalized

REDACTED

; finalized REDACTED ; attended to

REDACTED ; attended to REDACTED

08/28/09 K L Gaskamp .40 Provided Walton's discovery requests in Galleria matter to Sam

Cooper; received Pershing LLC's notice of removal.

08/28/09 D S Rohleder 1.20 Updated Shared Drive for all Relevant Documents relating to

the Stanford Matter; Corrected and Organized Select

Documents on the Shared Drive for Attny Sue Ayers;

08/29/09 S W Cooper .30 Reviewed REDACTED .

REDACTED

08/31/09 S W Cooper 2.10 Reviewed filing on ;

telephone conference with Kevin Sadler on REDACTED ;

finalized REDACTED ; reviewed REDACTED









306

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 240 of 377

Page 239









Hours Description





08/31/09 K L Gaskamp 1.70 Obtained certified copies of criminal records in James Davis

criminal matter; researched obtaining arraignment hearing

transcript.

08/31/09 K W Hinton 4.00 Call with process server regarding asap service; prepared

documents and drafted email to process server regarding

instructions for service; call with process server regarding

service issue; revised service list for supplemental complaint;

updated SEC v. Stanford tracking and deadlines charts;

prepared and e-filed Reply to Joint Coins and Bullion Motion.

08/31/09 D S Rohleder 1.20 Updated the Shared Drive for Relevant Cases regarding the

Stanford Matter;

Matter Total 835.70





079716.0117 Litigation - SEC vs. SIB, et al

Hours Description

06/01/09 D T Arlington 1.10 Exchanged email with team regarding REDACTED







06/01/09 S A D Ayers 6.00 Telephone conference with Pershing regarding Louisiana law

suit; telephone conference with American Express regarding

corporate accounts; conducted research and drafted

REDACTED telephone

conference with Virgin Islands lawyer regarding liens and

claims made on behalf of his clients; reviewed daily court

filings.

06/01/09 S A D Ayers 5.00 Antiguan Liquidators: conducted research and drafted

REDACTED







06/01/09 T S Durst 1.30 Follow-up on REDACTED ; attention to communications

REDACTED



with opposing counsel and team regarding pending items;

attention to REDACTED

06/01/09 J S Fitzwater 3.80 Assisting Eric Soderlund to REDACTED

;

monitoring court filings and assisting attorney team to

coordinate reception of filings to appropriate members;

updating the Pleadings Pad; updating the searchable text of

filings entered on the Extranet; updating support files for the

litigation team.

06/01/09 L C Fluker 1.90 Downloaded email communications to update correspondence

file and organized hard copies of correspondence to update

correspondence file; updated Excel tracking chart with







307

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 241 of 377

Page 240









Hours Description

information on recent communications; conferred with

Katharine Hinton regarding availability to cite check upcoming

filings.

06/01/09 K M Sadler 5.80 Reviewed and revised REDACTED ;

reviewed and revised REDACTED ; reviewed issues

regarding REDACTED ; reviewed REDACTED

; revised cases regarding

REDACTED ; reviewed issues

regarding REDACTED conference with D. Reece of

SEC regarding Bukrinsky response

06/01/09 K Scanlan 4.50 Numerous arrangements and coordination for Houston and

Austin staff to attend meetings and preparation sessions; assist

in preparing response to intervention for filing, assist in filing

response.

06/01/09 E A Soderlund 8.00 Revise, finalize, prepare for filing, and direct K. Scanlan to file

electronically and serve the Receiver's response to the

Bukrinsky motion to intervene to file involuntary bankruptcy

petition.

06/01/09 W F Stutts, Jr. .90 Commented on REDACTED

addressed

REDACTED

from Ms. Blumenschein.

06/01/09 M C Wood 3.00 Compiled cases for UK counsel in preparation of REDACTED



; Researched REDACTED



Drafted REDACTED









06/01/09 R H Wood 11.60 Corresponded with Matt Wood, Sue Ayers, and Kevin Sadler;

performed research regarding REDACTED

researched

REDACTED

researched

REDACTED





researched REDACTED









06/02/09 S A D Ayers 3.80 Antiguan Liquidators: conducted research and drafted

REDACTED



06/02/09 M E Burnett .20 Provided electronic copy of Norton Annual Survey of

Bankruptcy Law section for Matt Wood.

06/02/09 T S Durst .30 Attention to issues regarding REDACTED





06/02/09 J S Fitzwater 3.00 Continuing to organize support files for the litigation team;









308

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 242 of 377

Page 241









Hours Description

updating tracking chart of filings entered by the parties;

updating the Pleadings Pad; monitoring court filings and

assisting attorney team to coordinate reception of filings to

appropriate members; and continuing to update searchable text

for pleadings for the Extranet website.

06/02/09 K M Sadler 8.30 Reviewed REDACTED ; conferences

with Ayers, Howell and Arlington regarding REDACTED ;

reviewed pleadings filed by Vantis; reviewed pleadings filed;

reviewed issues regarding REDACTED ; reviewed

issues regarding REDACTED

reviewed issues regarding REDACTED



reviewed issues regarding REDACTED ; reviewed

correspondence regarding ; reviewed REDACTED

in preparation for client meeting; correspondence with Pershing

counsel

06/02/09 K Scanlan 4.50 Assist in meeting preparation and coordination; distribute new

filings and upload materials to extranet site; update deadlines

chart; update interventions chart to show recent withdrawals

and new interventions; update notebook; review new

Trustmark matters in SEC case and in separate cases; set up

files for new cases; add new materials to charts and upload to

extranet site; review request from Sue Ayers regarding

REDACTED ; numerous telephone conferences with

clerk to coordinate receipt of record.

06/02/09 E A Soderlund 2.70 Research issues relating to REDACTED









06/02/09 W F Stutts, Jr. 1.10 Reviewed REDACTED with Mr. Howell

and responded to REDACTED

from Ms.

Ayers; reviewed REDACTED



reviewed REDACTED



REDACTED

reviewed







06/02/09 R H Wood 2.40 Researched Texas Uniform Fraudulent Transfers Act and

specifically Quilling v. 3D Marketing REDACTED









06/03/09 C N Adams 5.60 Conference with Joe Cialone, Kevin Sadler and Tony Davis

regarding REDACTED ; preparing for meeting with Ralph

Janvey regarding conference with Ralph Janvey and

REDACTED







team regarding REDACTED

06/03/09 D T Arlington 3.40 Reviewed REDACTED and

communicated with team regarding REDACTED researched regarding







309

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 243 of 377

Page 242









Hours Description

REDACTED ; reviewed materials relating

to REDACTED and exchanged email with team

regarding REDACTED

06/03/09 S A D Ayers 4.00 Conducted research and drafted REDACTED



; telephone conference with

expert regarding REDACTED .

06/03/09 S A D Ayers 4.50 Drafted REDACTED



conducted research and drafted REDACTED

; provided cases and annotations

for REDACTED





06/03/09 T S Durst .50 Attention to issues regarding REDACTED ; consideration

of matters regarding REDACTED communications with

team regarding

06/03/09 J S Fitzwater 2.30 Monitoring court filings and assisting attorney team to

coordinate reception of filings to appropriate members;

continuing to update searchable text for pleadings and related

litigation for the Extranet website; and continuing to update

support files for the litigation team.

06/03/09 L C Fluker 2.80 Downloaded email communications to update correspondence

file and organized hard copies of correspondence to update

correspondence file; updated Excel tracking chart with

information on recent communications; reviewed Response to

determine if accurate long and short citation forms have been

applied; conferred with Ellen Reeder regarding additional tasks

to be completed before filing of Response.

06/03/09 K M Sadler 10.80 Consultations with client ; conference with Ayers regarding

REDACTED ; conference with Arlington regarding

; reviewed communications from Examiner;

REDACTED







conference with Davis, Cialone and Adams regarding

REDACTED reviewed information from Lovett regarding

REDACTED ; reviewed correspondence from Stanford

counsel; reviewed information regarding REDACTED



REDACTED conference with Cooper regarding

REDACTED ; reviewed issues with Arlington and

Ayers regarding REDACTED

06/03/09 E A Soderlund 2.40 Prepare response to list of questions from W. Stutts regarding

REDACTED , call with W. Stutts regarding

and distribute email to working group with REDACTED

REDACTED









06/03/09 M C Wood 1.60 Added final citations to REDACTED ; Compiled cases

for REDACTED .

06/03/09 R H Wood 6.40 Researched case law where REDACTED









310

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 244 of 377

Page 243









Hours Description



researched relief defendant cases REDACTED

; researched the

duties of a trustee in bankruptcy in comparison to the duties of

a receiver under receivership law; provided guidance and

pinpoint cites to Ellen Reeder as she cite-checked the response

to the Examiner.

06/03/09 A F York 6.80 Reviewed and analyzed account release applications and

summaries; prepared stipulations for partial account releases;

calls and emails to account holders regarding same; office

conference with D. Arlington and B. Day regarding REDACTED



various calls and emails with FTI, FITS, and Stanford

regarding call with Mike Myers regarding REDACTED

REDACTED







06/04/09 D T Arlington 1.70 Further reviewed intervention filings from Trustmark and HP.

06/04/09 S A D Ayers 5.00 Conducted research and drafted REDACTED







06/04/09 M E Burnett .50 Searched for and provided background information on

specified account holders at the request of David Arlington.

06/04/09 M E Burnett .50 Searched for REDACTED at the request of Bill

Stutts.

06/04/09 T S Durst 1.00 Communications with client and opposing counsel regarding

pending items; analysis of REDACTED ; work

on REDACTED ;

communications with and directions to team regarding REDACTED









06/04/09 J S Fitzwater 1.80 Organizing support files for the litigation team; monitoring

court filings and assisting attorney team to coordinate reception

of filings to appropriate members; and updating pleadings for

the Extranet website.

06/04/09 L C Fluker 2.80 Downloaded email communications to update correspondence

file and organized hard copies of correspondence to update

correspondence file; updated Excel tracking chart with

information on recent communications.

06/04/09 K M Sadler 5.80 Reviewed and revised REDACTED



reviewed REDACTED



reviewed account release information REDACTED



reviewed issues regarding REDACTED ; reviewed issues

regarding REDACTED





06/04/09 K Scanlan 3.50 Brief office conference with Tim Durst regarding REDACTED

prepare short memo regarding responses; update SEC

REDACTED





main case deadlines chart and incorporate related REDACTED









311

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 245 of 377

Page 244









Hours Description

into the deadlines chart; brief telephone conference with

Austin regarding REDACTED assist in forwarding

materials to team; prepare memo to Kristie Blumenschein

regarding REDACTED

06/04/09 V R Walker .50 Assembled and organized court papers and correspondence.

06/04/09 R H Wood 1.10 Helped Ellen Reeder and Lawrence Fluker with cite-check

questions; researched relevant pin-point citations for

REDACTED







06/05/09 D T Arlington .70 Addressed issues relating to REDACTED





06/05/09 S A D Ayers 6.00 Antiguan Liquidators: Conducted research and drafted

REDACTED





06/05/09 J A Cialone, II .70 Reviewed and commented on REDACTED





06/05/09 T S Durst .30 Review and advise on REDACTED





06/05/09 E D Reeder 3.80 Reviewed and proofread response for accuracy of citations;

made revisions regarding same; reported to David Arlington.

06/05/09 K M Sadler 8.50 Reviewed and revised REDACTED ; reviewed

account release issues; consultations with client; reviewed

pleadings filed regarding REDACTED ; reviewed status of

briefing on REDACTED ; conference with

Arlington regarding REDACTED ; reviewed account

review issues and information from Lovett; reviewed and

commented on REDACTED

06/05/09 K Scanlan 2.20 Forward new documents to team; update charts and deadlines

memo; prepare chart for new cases; draft memo regarding mail

issues and update mail file.

06/05/09 R H Wood .90 Read case law for REDACTED









06/06/09 S A D Ayers 7.60 Antiguan Liquidators: Conducted research, drafted,

incorporated suggested changes from team into

REDACTED



06/06/09 K M Sadler 3.50 Reviewed issues regarding evidence for REDACTED

; reviewed REDACTED

reviewed issues regarding REDACTED

reviewed issues regarding REDACTED

06/07/09 J A Cialone, II .70 Attention to REDACTED and related calls.

06/07/09 T S Durst 2.00 Review and comment on REDACTED



attention to REDACTED









312

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 246 of 377

Page 245









Hours Description

06/07/09 K M Sadler 4.50 Reviewed and provided comments on REDACTED

, and draft REDACTED ;

emails to/from Ayers and Howell regarding REDACTED ;

reviewed issues regarding REDACTED ;

reviewed REDACTED ; reviewed draft REDACTED









06/07/09 E A Soderlund 2.70 Draft REDACTED and

distribute for review and comment.

06/07/09 R H Wood 2.60 Researched REDACTED









06/08/09 D T Arlington 3.50 Exchanged email with team regarding REDACTED

worked on relief defendant complaint against baseball

player investors.

06/08/09 S A D Ayers 11.40 Conducted research and drafted

REDACTED

telephone conference and drafted REDACTED









REDACTED

06/08/09 J A Cialone, II .80 Reviewed draft and discussed

same with trial team; continued focus and attention to

REDACTED





06/08/09 T S Durst 2.30 Review and comment on REDACTED



consideration of matters regarding Holt

and Stanford issues; communications with and directions to

team regarding REDACTED

06/08/09 J S Fitzwater 2.80 Assisting Kevin Scanlan regarding the charting outstanding

motions; updating tracking chart of filings entered by the

parties; updating the Pleadings Pad; updating tracking chart of

filings entered by the intervenors; monitoring court filings and

assisting attorney team to coordinate reception of filings to

appropriate members; and continuing to update searchable text

for pleadings for the Extranet website.

06/08/09 L C Fluker 2.90 Checked cites in designated portion of Response to Petition,

including reviewed opinions to confirm that all quotes and

references are correct; conferred with Ellen Reeder and

Vanessa Garcia regarding additional tasks necessary to finalize

Response for filing on 06/09/09.

06/08/09 V O Garcia 6.00 Correspond with case team and organize help for case pull and

cite check and create share drive folder for same; review and

cite check Response and Objections to Petition for Recognition







313

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 247 of 377

Page 246









Hours Description

of Foreign Main Proceeding; per S. Ayers, prepare exhibits and

slip sheets; correspond with K. Scanlan regarding filing in the

Blount v. Deragon and Morgan matter and ask T. Moratto to

obtain court copies of docket sheet and filings from Travis

County Court; correspond with D. Arlington and A. York

regarding filing of Stipulation (Epstein).

06/08/09 S Jampala 1.00 Pulled cases and saved to the shared drive for reference.

06/08/09 J B Lawrence 6.40 Continue researching and drafting REDACTED





06/08/09 R C Lewis .40 Phone conference with Craig Adams regarding

REDACTED ;

reviewed material related to same.

06/08/09 S A Massad 2.50 Reviewed and commented on draft of response to Vantis

motion and related drafts; various telephone conferences and e-

mail correspondence regarding same.

06/08/09 T M Moratto Jr. 2.80 Per V. Garcia, pulled case law for Stanford's Response and

Objections to Petition for Recognition; Per V. Garcia, assisted

with quality check of response with regard to citations to

Janvey Affidavit exhibits.

06/08/09 E D Reeder 4.10 Office conference with paralegals regarding cite-checking of

response; verified all legal authorities cited and/or quoted in

assigned portion of response; located additional authorities.

06/08/09 K M Sadler 6.40 Reviewed and commented on draft response to Vantis petition

and draft declarations; reviewed issues regarding

REDACTED reviewed issues regarding

clawback claims analysis; reviewed issues regarding

REDACTED ; reviewed account release

issues

06/08/09 K Scanlan 4.50 Continue to prepare appellate record for scanning; office

conference with John Lawrence regarding REDACTED ; pull

materials requested by John Lawrence relating to

REDACTED ; work on chart of

outstanding motions; assist in preparation of response; pull

materials and prepare for Austin and forward to Bill Stutts.

06/08/09 E A Soderlund .30 Revise and edit answer after receiving comments.

06/08/09 M C Wood 2.00 Researched REDACTED









06/09/09 S A D Ayers 17.60 Conducted research, drafted, selected exhibits for filing:

response to petition for recognition pursuant to chapter 15 of

Bankruptcy Code and declarations in support, appendix,







314

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 248 of 377

Page 247









Hours Description

motion to exceed page limits, and answer.

06/09/09 T S Durst .60 Review and comment on Antigua papers, communications with

team regarding REDACTED

06/09/09 J S Fitzwater 4.60 Monitoring court filings and assisting attorney team to

coordinate reception of filings to appropriate members;

continuing to update searchable text for pleadings and related

litigation for the Extranet website; assisting Kevin Scanlan in

coordinating with the Clerk of the Court's office regarding

copies of orders with apostil; updating tracking chart of filings

entered by the parties and the intervenors; updating support

files for the litigation team; and updating the Pleadings Pad.

06/09/09 L C Fluker 4.20 Assisted in finalizing and filing Response to Petition, including

divided pdfs containing Appendix exhibits into smaller sized

pdfs, organized Appendix exhibits, proofread appendix index

and made necessary revisions; relabeled exhibits as necessary;

conferred with Vanessa Garcia, Barbara Martin and Ellen

Reeder regarding electronic filing.

06/09/09 V O Garcia 10.30 Correspond with case team; continue review and cite check

Response and Objections to Petition for Recognition of Foreign

Main Proceeding; update and prepare corresponding exhibits

and correspond with E. Reeder, S. Ayers, and L. Flukier

regarding same; work with secretary to convert excel exhibit;

update Response with cite check corrections; review exhibits

and update Appendix to Response; confirm website citation,

update and follow up with S. Ayers regarding same; efile

Stipulation Regarding Release of Accounts (Wenitsky) and

Stipulation Regarding Release of Accounts (Hausladen); and

forward same to D. Rohleder for tracking; follow up with K.

Scanlan regarding request for proof of filing Blount v. Deragon

and Morgan matter and forward docket sheet and petition; efile

Response and Objections to Petition for Recognition of Foreign

Main Proceeding and corresponding appendix and exhibits;

(10.25)

06/09/09 J B Lawrence .90 Draft and revise REDACTED





06/09/09 T M Moratto Jr. .50 Researched associated parties in Cause no. D-1-GN-09-000987

and returned docket sheet and original petition to V. Garcia.

06/09/09 E D Reeder 11.90 Verified citations and quotations in section of response; located

additional authorities cited in same; reviewed declarations of

Janvey and Van Tassel; added citations to same to response;

coordinated with paralegal team regarding e-filing

requirements and exhibits; reported to Sue Ayers regarding

REDACTED









315

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 249 of 377

Page 248









Hours Description

06/09/09 K M Sadler 7.50 Reviewed and commented on draft brief in response to Vantis

petition; reviewed Janvey and KVT declarations; consultations

with receiver regarding REDACTED reviewed Rule 12 draft

response; reviewed issue with Ayers regarding REDACTED

reviewed pleadings received regarding pending motions;

conference with S. Austin regarding REDACTED

; reviewed issues regarding account release

process with D. Arlington; reviewed issues regarding

REDACTED ; reviewed issues regarding

clawbacks claims analysis

06/09/09 K Scanlan 9.50 Complete review and separation of entire appellate record and

forward to copy service; draft memo regarding problems with

numbering of record; review document requests from Austin;

request certified copies of orders with apostil for use overseas

pursuant to Hague Convention; receive and prepare materials;

correspondence with Austin regarding orders; forward

materials to Switzerland; draft proposed motion for leave to file

brief in excess of page limits and proposed order and forward

to Sue Ayers for review and revisions; review materials

forwarded from Austin regarding REDACTED



; update chart for Jennifer Adams; pull

requested materials relating to the motion for approval of

procedures for sale of real property and forward all related

pleadings to William Stutts; continue to work on charts for

Kevin Sadler concerning orders and pending motions.

06/09/09 E A Soderlund .60 Revise, edit, and prepare answer for filing and send to S. Ayers

to file with brief opposing chapter 15 petition for recognition.

06/09/09 W F Stutts, Jr. .50 Provided input into answer/response on Chapter 15 petition.

06/09/09 R H Wood .30 Helped Ellen Reeder with pinpoint citations for response to

Antiguan receivers.

06/10/09 D T Arlington 1.50 Worked on account release issues; conferences with team

regarding same; reviewed materials relating to aircraft

settlement; telephone conference with GE counsel regarding

same; worked on relief defendant complaints and coordinated

with team regarding same.

06/10/09 T S Durst .50 Attention to matters regarding REDACTED



communications with team

regarding same.

06/10/09 J S Fitzwater 6.00 Assembling notebooks of filings entered in the '721 matter for

the Receiver; monitoring court filings and assisting attorney

team to coordinate reception of filings to appropriate members;

continuing to update searchable text for pleadings and related

litigation for the Extranet website; continuing to update







316

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 250 of 377

Page 249









Hours Description

tracking chart of filings entered by the parties; and updating the

Pleadings Pad.

06/10/09 V O Garcia 1.30 Update and continue efiling corresponding exhibits to

Response and Objections to Petition for Recognition of Foreign

Main Proceeding; per S. Ayers, prepare index of the 6/9/09

filing listed in order as they should be organized and forward

same to K. Scanlan (1.25)

06/10/09 V O Garcia .70 Follow up with Court clerk regarding filing of Response and

send email to case team to provide update regarding same; per

S. Ayers forward copies of Response, Declaration of Ralph S.

Janvey and Declaration of Karyl Van Tassel to S. Massad.

06/10/09 E D Reeder 5.50 Reviewed efiling procedures and telephone conference with

court regarding same; reviewed PACER for verification of

June 9 filing of response; located documents for Sue Ayers;

drafted REDACTED

06/10/09 K M Sadler 7.80 Reviewed draft claw-back claim complaints; reviewed issues

regarding Pershing accounts and stipulations; reviewed issues

regarding broker complaints; reviewed issues regarding

REDACTED conference with Arlington regarding account

issues; reviewed issues regarding real estate procedures motion

and reply regarding objections filed; reviewed investor account

holdback issue; reviewed issues regarding REDACTED

REDACTED reviewed order from Examiner regarding

account release stipulation

06/10/09 K Scanlan 3.50 Begin preparing materials for Mr. Janvey; review

correspondence from Austin office concerning various

exhibits; review e-mail from Kevin Sadler; update charts,

locate additional information and forward to team and to Mr.

Sadler; correspondence with counsel for Hunton parties

regarding appellate record; correspondence with Kristie

Blumenschein regarding REDACTED .

06/10/09 W F Stutts, Jr. .40 Reviewed information provide by Ms. Van Tassel and Ms.

Blumenschein regarding REDACTED

06/11/09 D T Arlington 4.20 Worked on relief defendant complaints and communicated with

team regarding same; communicated with team regarding

REDACTED ; reviewed documents relating to

REDACTED ; exchanged email with counsel for Gagosian Gallery;

communicated with Richard Roper regarding REDACTED

reviewed recent filings.

06/11/09 D T Arlington .80 Researched and addressed questions raised by examiner.

06/11/09 T S Durst 2.30 Review and revise REDACTED , and attention to

REDACTED ; review of new pleadings regarding intervenors







317

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 251 of 377

Page 250









Hours Description

and reconsideration; attention to REDACTED and

communications with and directions to Mr. Lawrence

regarding REDACTED ; communications with team

regarding REDACTED





06/11/09 J S Fitzwater 1.30 Updating support files; updating hard-copy correspondence;

tracking chart of filings entered by the parties; updating

tracking chart of filings entered by the intervenors; monitoring

court filings and assisting attorney team to coordinate reception

of filings to appropriate members; updating pleadings for the

Extranet website; and updating the Pleadings Pad.

06/11/09 V O Garcia .90 Stipulation Regarding Release of Accounts (Landry); and

forward same to D. Rohleder for tracking.

06/11/09 R C Lewis 2.50 Reviewed new materials related to REDACTED

; began drafting motion regarding REDACTED

06/11/09 K M Sadler 8.80 Reviewed issues regarding relief defendant claims; reviewed

account release issues; reviewed Pershing stipulations and

emails to/from Pershing counsel and questions from Receiver;

reviewed issues regarding de minimus releases; conference

with KVT regarding REDACTED ; conference with

Durst regarding REDACTED ; reviewed pleadings

received; correspondence to RAS counsel regarding motion to

compel response and tax documents

06/11/09 K Scanlan 3.00 Review e-mail from Sue Ayers regarding transcript citations

needed; review hearing transcripts and locate requested section;

cut transcripts and highlight selected sections and forward to

Austin; correspondence with Bob Howell regarding

REDACTED assist in finalizing response and prepare

for filing; complete filing and distribute to trial team; add new

pleadings to extranet site.

06/11/09 W F Stutts, Jr. 1.40 Provided organizational and identification of

REDACTED







06/12/09 C N Adams .60 Telephone conference with Ralph Janvey regarding

REDACTED





06/12/09 D T Arlington 6.50 Prepared email to counsel for HP regarding underlying dispute;

addressed de minimis account release issues; telephone

conference with counsel for GE regarding settlement

submission; further worked on submission regarding aircraft

settlement; worked on account reviews and stipulations;

communicated with account holders and their counsel;

conferences and email exchanges with team regarding account

review issues; reviewed recent filings.









318

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 252 of 377

Page 251









Hours Description

06/12/09 T S Durst .50 Work on REDACTED ; communications

with team regarding REDACTED .

06/12/09 J S Fitzwater 2.60 Monitoring court filings and assisting attorney team to

coordinate reception of filings to appropriate members;

continuing to update pleadings for the Extranet website;

updating tracking chart of filings entered by the parties;

updating support files for the litigation team; and updating the

Pleadings Pad.

06/12/09 R C Lewis 2.10 Reviewed additional information from REDACTED ; drafted

REDACTED .

06/12/09 K M Sadler 10.70 Conference with FTI regarding REDACTED

conferences with Arlington regarding REDACTED

reviewed issues related to Pershing stipulation and wire

transfer; consultations with client and Cialone regarding

REDACTED ; consultations with client and

representatives of FNRA regarding investigation; reviewed

issues regarding investors represented by Sonnenschein

regarding finalizing proceeds transfer and stipulations;

consultations with client regarding REDACTED

reviewed draft relief defendant complaints; reviewed

supplemental brief filed by Examiner; reviewed

correspondence from Cox/Smith regarding investor account

freeze; emails to Arlington and Lovett regarding same

06/12/09 K Scanlan 2.20 Update files and charts; review filings in Trustmark matters

and set up new files and chart for tracking deadlines; per Kevin

Sadler review filings and orders granted and begin preparation

of chart to track matters currently before the court.

06/12/09 V R Walker .30 Assembled and organized correspondence.

06/13/09 D T Arlington 2.40 Worked on REDACTED



coordinated with team regarding REDACTED





06/13/09 T S Durst 1.80 Review and comment on upcoming filings; consideration of

REDACTED and review of REDACTED

; communications with team regarding

REDACTED

.

06/13/09 R C Lewis 1.50 Drafted REDACTED

;

reviewed materials related to REDACTED





06/13/09 K M Sadler 3.30 Reviewed issues regarding REDACTED



joint motion and

settlement documents; reviewed and responded to emails from

VFS counsel; reviewed FTI information regarding REDACTED

reviewed account release issues









319

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 253 of 377

Page 252









Hours Description

06/13/09 W F Stutts, Jr. .40 Reviewed motion in US for sale of property and compared and

detailed REDACTED



06/14/09 D T Arlington 6.30 Continued working on and revising affidavit in support of

aircraft settlement submission; coordinated with team and with

GE counsel regarding same; reviewed draft joint submission to

court regarding settlement; communicated with GE counsel

regarding same

06/14/09 T S Durst 1.30 Analysis of issues regarding upcoming filings; telephone

conference with team regarding REDACTED

06/14/09 J B Lawrence 5.50 Review Susan Stanford Motion to Intervene; research case law

relevant to REDACTED



06/14/09 K M Sadler 5.40 Reviewed and commented on aircraft settlement pleadings and

settlement documents; reviewed and responded to numerous

emails from VFS counsel regarding same; reviewed issues

regarding REDACTED ; reviewed issues regarding motion

responses due; reviewed and responded to correspondence

from investor attorney regarding account freeze

06/15/09 D T Arlington 6.10 Worked on and finalized aircraft settlement submission;

coordinated with Receiver and counsel for VFS regarding

same; worked on account review and release issues;

coordinated with team regarding same; conferred with other

counsel regarding aircraft settlement submission.

06/15/09 T S Durst 1.80 Work on REDACTED ;

attention to other pending items and upcoming deadlines;

communications with and directions to team regarding REDACTED









06/15/09 J S Fitzwater 3.60 Updating support files for the Litigation team; updating

tracking chart of filings entered by the parties; updating hard-

copy correspondence; updating the Pleadings Pad index;

monitoring court filings and assisting attorney team to

coordinate reception of filings to appropriate members; and

updating the Extranet website, as well as hosted filings

regarding searchable text.

06/15/09 J B Lawrence 8.40 Draft and revise REDACTED









06/15/09 K M Sadler 10.20 Reviewed correspondence from RAS counsel; reviewed

account release issues; reviewed issues regarding broker

claims; reviewed investor complaints and emails from client

regarding reviewed issues regarding REDACTED

REDACTED







; reviewed and commented on pleadings and

settlement documents regarding aircraft settlement; conference







320

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 254 of 377

Page 253









Hours Description

with VFS counsel; reviewed issues regarding REDACTED

; communications with counsel

regarding aircraft settlement; reviewed issues regarding inquiry

by state authorities regarding RAS/Stanford; reviewed emails

regarding Pershing wire transfer; reviewed draft pleadings

06/15/09 K Scanlan 1.70 Update files; review request for materials relating to non-SEC

case deadlines and motions; locate information, organize by

case and by date and forward.

06/15/09 W F Stutts, Jr. .70 Worked on Chapter 15 motion reply.

06/15/09 A F York 6.50 Reviewed and analyzed account release applications and

summaries; prepared stipulations for partial account releases;

calls and emails to account holders regarding same; various

calls and emails with FTI, FITS, and Stanford regarding same.

06/16/09 D T Arlington 3.80 Exchanged email with counsel for HP regarding claim support

and motion response; addressed account review issues;

reviewed status of account wire transfers; coordinated with

opposing counsel regarding aircraft settlement submission to

court; telephone conference with court regarding same;

exchanged email with examiner regarding aircraft settlement;

coordinated with counsel for Comerica regarding aircraft

settlement issues and letter of credit stipulation; addressed

issues relating to STC accounts

06/16/09 S A D Ayers 3.80 Corresponded with various lawyers regarding newly filed liens

and lawsuits against the Estate; drafted REDACTED

analysis of REDACTED .

06/16/09 T S Durst 1.10 Work on response briefs due on pending motions; attention to

other pending matters and conference with team regarding

same.

06/16/09 J S Fitzwater 2.80 Continuing to update support files for the Litigation team;

monitoring court filings and assisting attorney team to

coordinate reception of filings to appropriate members;

updating the Pleadings Pad index; updating tracking chart of

filings entered by the parties; and updating the Extranet

website, as well as hosted filings regarding searchable text.

06/16/09 M D Kusey 3.50 Logged in mail in correspondence and claims logs.

06/16/09 J B Lawrence 2.70 Edit and revise response to Susan Stanford motion to intervene;

finalize same for filing.

06/16/09 E D Reeder 1.90 Made revisions to joint motion to abate in Westin lawsuit.

06/16/09 K M Sadler 9.30 Reviewed data and issues regarding broker claims; reviewed

issues regarding investor claims; reviewed correspondence

from RAS counsel; conference with RAS counsel; reviewed







321

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 255 of 377

Page 254









Hours Description

issues regarding aircraft settlement; conferences with VFS

counsel regarding settlement and hearing; reviewed and

commented on Comerica stipulation; conferences with Ayers

regarding REDACTED ; reviewed reply filed by Bukrinsky

intervenors regarding bankruptcy issues; reviewed other

pleadings received; conference with Ayers regarding

REDACTED conference with

Arlington regarding REDACTED

; reviewed

information regarding Peck accounts and email to Examiner

regarding same

06/16/09 K Scanlan 3.50 Update deadlines chart and forward to team; review materials

from John Lawrence and format response for filing; handle

filing of Response to Susan Stanford's motion and distribute to

team; assist in finalizing additional filing and formatting for

NDTX; file stipulation and distribute; revise deadlines chart to

reflect day's filings; update outstanding matters chart; respond

to requests for information from Austin office.

06/16/09 W F Stutts, Jr. .40 Reviewed REDACTED and noted

observations on REDACTED .

06/17/09 C N Adams .60 Reviewing response; reviewing cash data for same.

06/17/09 D T Arlington 4.70 Reviewed motions to intervene by HP and Trustmark;

reviewed motion to compel release of coins; coordinated

regarding responses to motions to intervene and motion to

compel release of coins; exchanged email with Comerica

counsel regarding aircraft settlement issues; reviewed inquiries

from examiner; prepared stipulation regarding response to HP

and Trustmark's motions to intervene; coordinated with

opposing counsel regarding same.

06/17/09 J L Cafferty 2.10 Reviewed HP and Trustmark's motions to intervene and drafted

responses to same.

06/17/09 J A Cialone, II .60 Attention to REDACTED





06/17/09 T S Durst .50 Review and revise response brief on intervention motion.

06/17/09 J S Fitzwater 3.30 Monitoring court filings and assisting attorney team to

coordinate reception of filings to appropriate members;

updating the Pleadings Pad index; assisting Craig Adams

regarding Joint VFS filings (Dkt. Nos. 472, 473); updating

litigation support files; updating tracking chart of filings

entered by the parties; and updating the Extranet website.

06/17/09 M D Kusey 4.80 Logged in mail in correspondence and claims logs.

06/17/09 J B Lawrence 4.60 Continue research related to REDACTED









322

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 256 of 377

Page 255









Hours Description

06/17/09 R C Lewis 4.80 Reviewed information regarding

REDACTED began drafting REDACTED





06/17/09 K M Sadler 11.30 Reviewed motion responses (Stanford/Blount); conference with

opposing counsel regarding motion; reviewed issues related to

RAS motion to disqualify; reviewed account release issues;

reviewed information regarding broker and investor claims;

reviewed issues regarding assets sales needing court approval;

conference with B. Krage regarding REDACTED ; reviewed

issues regarding Comerica stipulation regarding aircraft LOC's;

reviewed other aircraft settlement issues; reviewed and

responded to emails from investor; conference with Cooper

regarding REDACTED ; reviewed

pleadings received by Bukrinsky; reviewed issues regarding

motion regarding coins and bullions

06/17/09 K Scanlan 4.50 Telephone conference with Eric Soderlund on

REDACTED



update and revise deadlines chart per Kevin Sadler direction;

telephone conference with John Lawrence regarding filing;

update non-SEC main case chart assist in the distribution of

new filings to the trial team and upload new matters to the

extranet site.

06/18/09 D T Arlington 4.20 Prepared letters to brokers and their counsel regarding relief

defendant suit; coordinated with Gene Besen regarding relief

defendant complaint.

06/18/09 J L Cafferty 2.30 Drafted response to HP and Trustmark's motion to intervene.

06/18/09 J A Cialone, II .60 Attention to affirmative claims asserted in lawsuits.

06/18/09 T S Durst .80 Work on response briefs to be filed regarding proceeding in

other jurisdictions; attention to new filings and upcoming

response deadlines.

06/18/09 J S Fitzwater 1.00 Monitoring court filings and assisting attorney team to

coordinate reception of filings to appropriate members;

updating pleadings for the Extranet website; updating tracking

chart of filings entered by the parties and the intervenors; and

updating the Pleadings Pad Index.

06/18/09 K W Hinton 7.40 Coordinated record cite check, supervised and assisted with

same; quality-checked record cite check of Reply; pulled and

reviewed cases and cite-checked reply; assisted B. Howell with

pleadings; assisted B. Day with stipulations; assisted with

letters to financial advisors; assisted with 5th Circuit

appearances; prepared and e-filed stipulations; reviewed 5th

Circuit deadlines and calendared same for appeal team.









323

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 257 of 377

Page 256









Hours Description

06/18/09 J R Knight .40 Assessed REDACTED







06/18/09 M D Kusey 4.00 Logged in mail in correspondence and claims logs.

06/18/09 R C Lewis 7.60 Researched issues in preparation for REDACTED



conference with John Greer

regarding began drafting

REDACTED REDACTED









06/18/09 K M Sadler 9.60 Reviewed issues regarding investor and broker complaints;

conferences with counsel for investors and brokers regarding

relief defendant complaints; reviewed account release issues;

reviewed motion deadlines and responses; conference with La.

officials regarding criminal investigation; conferences with

Adams and Cialone regarding REDACTED

conferences with Arlington regarding REDACTED



06/18/09 K Scanlan .70 Assist in distributing incoming materials; update file.

06/18/09 E A Young 5.80 Discussed REDACTED



with S. Ayers; reviewed appellate

rules; called Fifth Circuit clerk's office to discuss request to be

able to file two briefs; drafted motion seeking leave to file two

separate briefs; discussed REDACTED with

S. Ayers; discussed REDACTED

with D. Arlington.

06/19/09 D T Arlington 5.90 Researched regarding inquiries from examiner; telephone

conference with Gene Besen regarding relief defendant

complaint; worked on response to motion to compel release of

coins; prepared email to Michael Stanley regarding claims

against brokers; further researched and responded to examiner

inquiries.

06/19/09 J L Cafferty 3.60 Drafted response to HP and Trustmark's motions to intervene.

06/19/09 J A Cialone, II .60 Attention to various drafts of court papers.

06/19/09 J S Fitzwater 4.80 Updating the Extranet website, as well as hosted filings

regarding searchable text; updating support files for the

Litigation team; monitoring court filings and assisting attorney

team to coordinate reception of filings to appropriate members;

office conference with Kevin Scanlan regarding SEC's Motion

to File an Amended Complaint and the Receiver's stipulations

regarding individual investors' accounts; updating the

Pleadings Pad; and updating the tracking chart of filings

entered by the parties.

06/19/09 K W Hinton 5.60 Assisted B. Howell with pleadings; prepared and e-field

stipulations; reviewed Stanford indictment and related article;







324

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 258 of 377

Page 257









Hours Description

reviewed and assisted with notices for 5th Circuit; drafted letter

to clerk of 5th Circuit and assisted with service of same.

06/19/09 J R Knight 2.00 Analyzed appellate record in anticipation of appellee's response

to Stanford's and Hunton's appeals.

06/19/09 M D Kusey 3.70 Logged in mail in correspondence and claims logs.

06/19/09 J B Lawrence 4.70 Continue researching law related to response to motion to

disqualify Baker Botts; outline and begin drafting response.

06/19/09 R C Lewis 3.50 Prepared and drafted REDACTED



conferences with Sam Cooper regarding



06/19/09 K M Sadler 7.80 Reviewed account release issues; reviewed complaint

regarding investor clawbacks; conferences with broker and

investor counsel regarding claims; reviewed issues regarding

pending appeal; consultations with client regarding REDACTED



06/19/09 K Scanlan 1.80 Review e-mails regarding requested documents; pull

documents as requested and organize and prepare notebook;

update interventions chart.

06/19/09 E A Young 2.00 Reviewed background materials relevant to the motion to

release coins and bullion; reviewed and annotated the motion

itself.

06/20/09 K Scanlan 2.50 Work on record index.

06/20/09 E A Young 2.00 Reviewed and annotated summary memorandum describing

REDACTED



reviewed and annotated REDACTED









06/21/09 D T Arlington .30 Exchanged email regarding response to motion to compel

release of coins.

06/21/09 S A D Ayers .60 Provided select record evidence and select court papers to Joe

Knight for use drafting appellate brief.

06/21/09 J A Cialone, II .50 Organized court papers and correspondence, including email,

and responded as appropriate.

06/21/09 K Scanlan 1.50 Update charts; review and update all extranet sites; add new

materials to notebooks; respond to request for documents from

Eric Soderlund.

06/21/09 E A Young 6.20 Completed review of REDACTED

REDACTED reviewed the motions and briefs

relevant to the Receiver's motion requiring Dillon Gage to







325

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 259 of 377

Page 258









Hours Description

show cause; REDACTED

REDACTED ; exchanged e-mails with D.

Arlington.

06/22/09 D T Arlington 8.80 Participated in conference call with team regarding coin

analysis issues; reviewed motion to compel release of coins;

researched regarding holdings relating to Turner and Equus;

exchanged email with counsel for HP regarding data request;

reviewed evidentiary materials relating to HP motion;

coordinated regarding service on financial advisors; finalized

and served complaint against investors; coordinated with Gene

Besen regarding same; prepared analysis regarding Turner and

Equus holdings and transactions; reviewed inquiries from

financial advisor relating to multiple accounts; reviewed draft

stipulation from Comerica relating to aircraft settlement.

06/22/09 S A D Ayers 4.70 Correspondence with lawyers who have filed liens and lawsuits

in violation of Amended Order Appointing Receiver; review

Hunton parties' appellate brief to 5th Circuit; reviewed Cox

motion to intervene; analyzed Stanford's motion to dismiss

fraud claims.

06/22/09 J L Cafferty 6.30 Drafted response to HP and Trustmark's motion to intervene.

06/22/09 T S Durst .40 Attention to new filings and plan/schedule for response to

same.

06/22/09 J S Fitzwater 4.80 Corresponding with Katherine Hinton regarding the

acquirement of copies of sealed stipulations (Dkt. Nos. 432,

447, 449, 458 and 467); updating the Pleadings Pad; updating

the Appearances from Attorneys for the Intervenors notebook;

updating tracking chart of filings entered by the parties and

intervenors; updating support files for the Litigation Team;

office conference with Information Technology to troubleshoot

problems associated with the firm's reception of filings;

updating hard-copy correspondence; monitoring court filings

and assisting attorney team to coordinate reception of filings to

appropriate members; and updating the Extranet website.

06/22/09 J R Knight 6.00 Analyzed REDACTED



in connection with Hunton appeal and performed initial

analysis of the Hunton parties' appellate brief.

06/22/09 M D Kusey 2.60 Logged in mail in correspondence and claims logs.

06/22/09 J B Lawrence 3.10 Research related to REDACTED





06/22/09 K M Sadler 11.80 Reviewed memos regarding REDACTED

; consultations with client regarding

reviewed REDACTED



and consultations with client regarding reviewed investor

REDACTED









326

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 260 of 377

Page 259









Hours Description

communications regarding account freeze; reviewed account

release issues; reviewed appellate pleadings received;

conference with Arlington regarding REDACTED ;

reviewed motion regarding coin/bullion account of

Turner/Equus; reviewed information regarding accounts;

reviewed issues regarding relief defendant complaint against

Maddux et. al; reviewed issues regarding Vantis proceedings in

UK; reviewed RAS motion regarding fraud claims; reviewed

Comerica stipulation and issues regarding aircraft settlement;

conference with financial team regarding REDACTED

emails to/from Turner counsel regarding

follow up questions

06/22/09 K Scanlan 4.50 Continue work on index of record; telephone conference with

Kevin Sadler regarding deadlines; update deadlines charts;

forward incoming pleadings to the litigation team.

06/22/09 E A Young 6.50 Reviewed Dillon Gage's filing in response to Gagosian

Gallery/Pre-War Art; began drafting outline of response to

motion; discussed REDACTED

with D. Arlington.

06/23/09 D T Arlington 4.30 Worked on additional relief defendant complaint; coordinated

regarding service on relief defendants; reviewed further

inquiries from examiner; prepared letter to counsel for Dillon

Gage.

06/23/09 S A D Ayers 2.30 Provided information to Joe Knight for use in drafting appellate

brief to Fifth Circuit; attention to new liens filed on real and

personal property.

06/23/09 J L Cafferty 4.20 Drafted response to HP and Trustmark's motions to intervene

06/23/09 T S Durst .40 Work on REDACTED





06/23/09 J S Fitzwater 7.50 Continuing to update litigation support files; continuing to

update the Pleadings pads; continuing to update tracking chart

of filings entered by the parties and intervenors; continuing to

update hard-copy correspondence; monitoring court filings and

assisting attorney team to coordinate reception of filings to

appropriate members; office conference with Kevin Scanlan

regarding R. Allen Stanford's Motion to Substitute Counsel

(with an Amended Certificate of Service); assisting Eric

Soderlund to prepare and file the Receiver's Consolidated

Reply To Responses To Motion to Approve Real Property

Sales Procedures (Dkt. No. 510); and updating the Extranet

website, as well as hosted filings regarding searchable text..

06/23/09 J R Knight 5.20 Analyzed the Huntons' appellate brief; analyzed

REDACTED made notes for

REDACTED









327

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 261 of 377

Page 260









Hours Description





06/23/09 M D Kusey 2.00 Logged in mail into claims and correspondence logs.

06/23/09 J B Lawrence 7.00 Continue researching and drafting REDACTED

; review draft of response to motion to disqualify

Baker Botts.

06/23/09 R C Lewis 1.00 Reviewed information regarding Beki Stanford assets; phone

conference with Sam Cooper and Sue Ayers regarding

REDACTED conference with John Greer regarding REDACTED



06/23/09 K M Sadler 10.70 Consultations with receiver regarding REDACTED

reviewed memos from Howell regarding conference with

REDACTED





FTI regarding REDACTED



emails to/from Arlington regarding communications

with counsel for various brokers; reviewed pleadings regarding

Hernandez case; reviewed issues regarding account release and

review; conference with counsel for investor regarding partial

release and motion to lift freeze; conference with Arlington

regarding REDACTED ; reviewed issues

regarding motion for release of accounts; reviewed issues

regarding Hunton appeal; reviewed issues regarding aircraft

settlement; reviewed RAS objections; conference with VFS

counsel and Court regarding form of Order; conference with

VFS counsel; conference with S. Austin and D. Arlington

regarding REDACTED ;

reviewed issues regarding Ostrow and other accounts; reviewed

and commented on draft communication regarding REDACTED

coins/bullion issues; reviewed issues regarding

REDACTED





06/23/09 K Scanlan 4.10 Assist in forwarding new filings; prepare documents for filing

and file; update motions deadlines chart; respond to request for

information from Kevin Sadler; forward requested materials to

Mr. Sadler; continue to work on record index.

06/23/09 E A Young 5.50 Reviewed Receiver's Motion to Abate (12 June 2009); added

relevant legal points to draft response; reviewed cases

concerning REDACTED









06/24/09 D T Arlington 9.20 Exchanged email with HP counsel regarding data request;

worked on response to HP and Trustmark motions to intervene;

continued working on relief defendant complaint; reviewed

additional data regarding Hunton accounts; prepared further

response to letter from counsel for Dillon Gage; coordinated

regarding REDACTED ; addressed account

release issues; coordinated with team regarding same;







328

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 262 of 377

Page 261









Hours Description

corresponded with account holders and their counsel; reviewed

objections to settlement submission; reviewed status of data

request to Toronto Dominion.

06/24/09 S A D Ayers 2.20 Responded to inquiries from Joe Knight for REDACTED



; attention to

REDACTED ; attention to REDACTED









06/24/09 J L Cafferty 4.70 Drafted response to HP and Trustmark's motions to intervene;

researched issues related to REDACTED



06/24/09 J A Cialone, II .80 Reviewed Stanford's Motion to Dismiss and considered

implications, together with related calls and emails.

06/24/09 T M Davis 2.40 Study materials regarding REDACTED ; call with J. Cialone

and E. Söderlund re call with R. Janvey, Thompson and

REDACTED





Knight re call re

REDACTED

with E. Söderlund.

REDACTED









06/24/09 J S Fitzwater 4.30 Updating support files for the Litigation team; updating the

Pleadings pads; updating the tracking chart of filings entered

by the parties and intervenors; updating filings entered on the

Extranet website, as well as filings containing searchable text;

monitoring court filings and assisting attorney team to

coordinate reception of filings to appropriate members; and

assisting Bob Howell and Kristie Blumenschein regarding

REDACTED







06/24/09 J R Knight 5.60 Analyzed case law and worked on appellee's brief.

06/24/09 M D Kusey 4.50 Logged in mail into claims and correspondence logs.

06/24/09 J B Lawrence 5.00 Draft and revise REDACTED .

06/24/09 R C Lewis 5.70 Received and reviewed new information on Rebecca Stanford;

drafted letter to attorneys for same regarding recovery of funds;

began drafting REDACTED .

06/24/09 T M Moratto Jr. .40 Assisted with case pull for M. Wood.

06/24/09 K M Sadler 7.80 Conference with J. Cialone regarding REDACTED ;

conference with Arlington regarding

REDACTED ; reviewed account release issues; conference with

Knight regarding REDACTED ; reviewed issues regarding

investor complaints; reviewed and responded to emails from

investor counsel regarding coin/bullion issues; reviewed issues

regarding REDACTED ; conference with court staff

regarding scheduling matter; conference with M. Lovett

regarding REDACTED .









329

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 263 of 377

Page 262









Hours Description

06/24/09 K Scanlan 3.50 Work with Jennifer Adams to finalize joint motion; update

deadlines charts; prepare and forward short memo on deadlines

and responses; respond to requests for opposing parties' various

opposition responses; prepare memo for attorneys regarding

SEC case and non-SEC case deadlines.

06/24/09 M C Wood 7.20 Researched REDACTED



Researched REDACTED









; Reviewed letter from Randi Stanford's counsel giving

legal arguments in support of her ownership of the condo;

Reviewed correspondence between Receiver and Randi

regarding the condo; Reviewed prior court orders to determine

REDACTED







06/24/09 E A Young 6.50 Continued drafting response to motion to compel release of

coins and bullion; ensured accuracy of legal statements;

referred to case documents as necessary.

06/25/09 D T Arlington 5.00 Worked on report to examiner; coordinated with team

regarding same; reviewed inquiry from coin customer;

reviewed draft response to Trustmark and HP motions to

intervene; reviewed research regarding REDACTED

reviewed and analyzed data relating to Hunton appellants;

prepared report regarding same; gathered information in

preparation for hearing on claw back claims.

06/25/09 S A D Ayers 1.40 Reviewed motion and conferred with Bukrinsky movants;

telephone conference David Finn's office regarding auto issues;

attention to newly filed liens; attention to analysis of data

regarding frozen accounts.

06/25/09 J A Cialone, II .80 Attention to draft court papers.

06/25/09 B A Day 13.30 Created stipulations for a partial release of funds in account

holders' Pershing accounts; reviewed and analyzed documents

and conferred with financial team members to create such

stipulations.

06/25/09 J S Fitzwater 3.00 Monitoring court filings and assisting attorney team to

coordinate reception of filings to appropriate members;

updating the Pleadings pads; assisting Kristie Blumenschein

regarding REDACTED ; updating the

tracking chart of filings entered by the parties and intervenors;

updating the Extranet website, as well as hosted filings

regarding searchable text; and assisting Stephen Massad to









330

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 264 of 377

Page 263









Hours Description

update the "Court Papers" section of the Receiver's website.

06/25/09 J R Knight 6.30 Analyzed case law; drafted standard of review and statement of

fact sections of the brief.

06/25/09 M D Kusey 4.80 Logged in mail into claims and correspondence logs.

06/25/09 J B Lawrence 1.10 Edit and cite check REDACTED .

06/25/09 K M Sadler 10.40 Reviewed issues regarding clawback claims; conferences with

Arlington; reviewed issues regarding Hunton appeal and

analysis of accounts; reviewed issues regarding Examiner

reports; conferences with Ayers; conference with Court staff

regarding status conference with the Judge and counsel; emails

to client regarding REDACTED ; reviewed and commented on

several draft motion responses; reviewed pleadings received;

correspondence with broker counsel; conference with M.

Lovett regarding REDACTED ; reviewed draft report on

account analysis and review; conference with Arlington

regarding REDACTED

06/25/09 W F Stutts, Jr. .40 Reviewed and commented on liquidators consolidated reply in

support of Chapter 15 ; updated information from Mr. Howell

and reviewed declaration from RSJ and information on new

filings.

06/25/09 V R Walker .40 Assembled and organized court papers and correspondence.

06/25/09 M C Wood 4.50 Continued researching REDACTED

; Researched

REDACTED



Met with Sue Ayers to discuss REDACTED



Began

drafting brief in support of motion to show cause against Randi

Stanford.

06/25/09 E A Young 5.20 Finished drafting response to motion to compel release of coins

and bullion; edited draft; gave draft to, REDACTED

D. Arlington.

06/26/09 C N Adams .70 Telephone conference with internal team regarding REDACTED









06/26/09 D T Arlington .80 Reviewed revised draft of response to HP and Trustmark

motions to intervene; coordinated regarding service on relief

defendants.

06/26/09 S A D Ayers 8.30 Drafted REDACTED

attention to account release

information for drafting interim status report; communications

with Examiner transmitting complaints against relief

defendants, Thompson Knight regarding REDACTED









331

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 265 of 377

Page 264









Hours Description





06/26/09 J L Cafferty 2.30 Revised response to HP and Trustmark's motions to intervene.

06/26/09 T S Durst .50 Work on issues regarding REDACTED

communications with and directions to team regarding REDACTED







06/26/09 J S Fitzwater 1.80 Updating support files for the Litigation team; monitoring court

filings and assisting attorney team to coordinate reception of

filings to appropriate members; updating the Pleadings pads

indices; updating the tracking chart of filings entered by the

parties and intervenors; and updating filings entered on the

Extranet website.

06/26/09 L C Fluker 1.70 Downloaded email communications with interested parties

from June and updated Excel tracking chart with relevant

information.

06/26/09 J R Knight 2.80 Worked on appellate brief.

06/26/09 M D Kusey 1.30 Logged in mail into correspondence and claims logs.

06/26/09 K M Sadler 9.70 Reviewed issues regarding REDACTED

; reviewed

issues regarding REDACTED



conference with Court staff; consultations with client; reviewed

issues regarding Hunton accounts; reviewed issues regarding

coin and bullion motion by Turner/Equus; reviewed and

commented on draft responses to pending motions; reviewed

issues regarding revised account review/status report; reviewed

and revised correspondence to Romero; consultations with

client regarding reviewed issues regarding investor

REDACTED





clawback complaints; reviewed memo and case regarding

REDACTED emails to Mountz and Cialone

regarding reviewed information regarding REDACTED

REDACTED









06/26/09 K Scanlan 2.50 Update charts; pull materials requested for upcoming motion

responses; proof response and cite check all references; locate

key insurance notice letters and related materials and forward

to Tim Mountz.

06/26/09 E A Soderlund 6.60 Research regarding REDACTED





for memo to client and legal team regarding REDACTED









06/26/09 W F Stutts, Jr. 1.90 Examined and reviewed REDACTED









06/26/09 M C Wood 5.00 Continued drafting brief in support of contempt against Randi

Stanford; Drafted Motion for show cause order against Randi







332

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 266 of 377

Page 265









Hours Description

Stanford; Drafted proposed order to accompany the motion

against Randi Stanford.

06/27/09 S A D Ayers 2.60 Drafted and edited Status Report on Account Release;

reviewed Stanford's motion to compel and cases cited therein.

06/27/09 T S Durst .60 Review of issues regarding REDACTED



communications with Mr. Lawrence

regarding REDACTED





06/27/09 L C Fluker .50 Reviewed correspondence file and reorganized when necessary

to correspond to Excel log of communications with interested

parties.

06/27/09 K M Sadler 8.30 Reviewed REDACTED



REDACTED conference with FTI and others

regarding REDACTED reviewed and revised chart and

report

06/27/09 E A Soderlund 4.50 Read cases regarding REDACTED



and work on memo regarding

REDACTED







06/28/09 C N Adams 1.90 Telephone conferences with working group regarding

REDACTED reviewing draft report of the receiver;

reviewing summary of accounts.

06/28/09 S A D Ayers 6.40 Drafted and edited Status Report on Account Review Process

and appendix thereto; edited REDACTED



edited

REDACTED ; supervised research conducted on REDACTED



06/28/09 T M Davis 1.50 Read E. Söderlund's memo regarding REDACTED ; discuss

with E. Söderlund; read emails regarding REDACTED

06/28/09 L C Fluker 1.50 Reviewed hard copies of correspondence from mid to late June

to confirm that appropriate entries have been made on Excel

tracking chart (through review of emails); organized hard

copies for correspondence file update.

06/28/09 J R Knight 5.80 Worked on appellee's brief.

06/28/09 K M Sadler 7.50 Reviewed and edited REDACTED



; reviewed cases; reviewed and revised Interim

report and chart; conferences with FTI and others to

REDACTED







06/28/09 K Scanlan 3.50 Update all files; review correspondence and update with key e-

mails; update insurance notice letters; update appeals files.

06/28/09 E A Soderlund 5.50 Research REDACTED



prepare draft of memo regarding REDACTED and distribute to







333

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 267 of 377

Page 266









Hours Description

working team; make revisions and answer emails regarding

REDACTED





06/28/09 W F Stutts, Jr. 1.70 Reviewed and commented on memo on REDACTED









06/28/09 M C Wood 3.70 Downloaded and forwarded REDACTED to Kevin

Sadler as requested; Performed case law research

REDACTED



Drafted memo describing REDACTED









06/29/09 C N Adams .50 Reviewing information regarding clawback issue.

06/29/09 D T Arlington 1.00 Coordinated with team regarding REDACTED



reviewed emails relating to hearing;

reviewed order from Court on claw back claims;

communicated with account team regarding same; addressed

inquiry from coins customer; coordinated with counsel for

Ulloa regarding settlement offer and service.

06/29/09 S A D Ayers 5.50 Attended hearing; delivered Fifth Circuit order dismissing

Stanford appeal to Donna Hocker; analyzed data on accounts

that remain frozen; conducted research on REDACTED



REDACTED reviewed motion for contempt

against Randi Stanford.

06/29/09 J A Cialone, II .80 Calls before and after telephone hearing with judge.

06/29/09 T M Davis 3.20 Exchange emails regarding REDACTED discuss with E.

REDACTED





Söderlund; call with J. Cialone, S. Massad, and E. Söderlund re

read REDACTED

REDACTED

and exchange emails with E.

Söderlund re REDACTED









06/29/09 T S Durst 3.80 Review and finalize REDACTED ; conference with court

regarding pending issues; follow-up on same; communications

with counsel for Holt; follow-up regarding order on account

freeze and communications with opposing counsel regarding

same.

06/29/09 J S Fitzwater 2.80 Monitoring court filings and assisting attorney team to

coordinate reception of filings to appropriate members;

updating the tracking chart of filings entered by the parties and

intervenors; updating the Extranet website, as well as hosted

filings regarding searchable text; and updating the Pleadings

pads indices.

06/29/09 J R Knight 6.80 Worked on appellee's brief; analyzed supplemental report of

the receiver and new court orders; analyzed REDACTED

; drafted









334

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 268 of 377

Page 267









Hours Description

response to intervention arguments.

06/29/09 M D Kusey 4.10 Logged in mail into correspondence and claims logs.

06/29/09 T M Moratto Jr. .40 Per K. Hinton, assisted with saving Court Papers to the shared

drive.

06/29/09 K M Sadler 7.80 Reviewed account release and review issues; reviewed

REDACTED



conference with FTI regarding REDACTED ;

reviewed correspondence and research regarding

REDACTED reviewed legal research memo regarding

REDACTED ; emails to client and Ayers regarding

REDACTED participated in phone conference with Court;

reviewed Orders issued by Court; conference with Cooper

regarding REDACTED



reviewed case law research regarding claw back issues;

reviewed and commented on REDACTED



06/29/09 K Scanlan 7.50 Update deadlines chart; review e-mails from attorneys

requesting filing information and respond; office conference

with district clerk to obtain 11 summons for broker action;

prepare scan to Austin of completed summons and package of

originals; finalize and format Denison response and file and

distribute to team; finalize and format INX response and

prepare for filing; file with court and distribute file marked

copies to team; update deadlines chart to reflect new filings;

forward requested materials to Sue Ayers; additional work on

record index.

06/29/09 E A Soderlund 5.60 Revise and edit memo on REDACTED









06/29/09 W F Stutts, Jr. 1.10 Prepared and presented comments and observations related to

REDACTED









06/29/09 M C Wood 2.50 Amended memo REDACTED



Sent a

second email memo to Kevin Sadler.

06/29/09 R H Wood 2.90 Researched the REDACTED







drafted REDACTED









335

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 269 of 377

Page 268









Hours Description

06/30/09 D T Arlington 14.40 Addressed account release issues; communicated with team

regarding REDACTED reviewed account information relating to

Hunton appellants and prepared analysis regarding same;

reviewed additional data relating to Turner and Equus motion

to compel release of coins; communicated with team regarding

same; prepared draft agreement relating to same; prepared

REDACTED to inquiries from examiner; worked on consolidated



response to HP's and Trustmark's motions to intervene;

reviewed draft statement regarding relief defendant complaints.

06/30/09 S A D Ayers 3.30 Reviewed court papers and telephone conference with Pershing

regarding Wampold case; telephone conference with SEC

regarding impact of court order on Hunton appeal to 5th

Circuit.

06/30/09 T M Davis .90 Discuss REDACTED with E. Söderlund; review REDACTED

and discuss the with T. Mountz and E. Söderlund.

REDACTED









06/30/09 T S Durst 2.80 Analysis of issues regarding insurance coverage and Holt

demand; communications with opposing counsel regarding

same; work on issues regarding REDACTED

review of matters regarding account freeze and

timing on relief defendant filings.

06/30/09 J S Fitzwater 2.30 Monitoring court filings and assisting attorney team to

coordinate reception of filings to appropriate members;

updating the Pleadings pads; updating the tracking chart of

filings entered by the parties and intervenors; updating the

Extranet website, as well as hosted filings regarding searchable

text; and updating hard-copy correspondence.

06/30/09 L C Fluker 3.30 Cited checked portion of Receiver's Response to Motions to

Intervene (including confirmed accuracy of quoted language)

and noted necessary revisions.

06/30/09 K W Hinton 5.50 Supervised and assisted with case pull and records cite check;

reviewed and checked case citations for form and accuracy;

assisted D. Arlington with pleadings; reviewed and prepared

Summons and Complaints for service, sent same to process

server and communicated regarding same; reviewed, prepared

and e-filed stipulations.

06/30/09 J R Knight 1.40 Performed preliminary analysis of Hunton Parties' accounts

and assessed REDACTED ; telephone

consultation with counsel for the SEC regarding same.

06/30/09 J R Knight 4.10 Worked on appellee's brief.

06/30/09 M D Kusey 2.00 Logged in mail into correspondence and claims logs.

06/30/09 J B Lawrence 5.70 Research case law cited in Stanford's reply in support of







336

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 270 of 377

Page 269









Hours Description

motion to compel; edit and revise motion for leave to file under

seal; edit and revise response to disqualify Baker Botts; prepare

documents for filing.

06/30/09 E D Reeder 3.00 Direction from David Arlington; reviewed consolidated

response to motions to intervene; coordinated with paralegals

regarding cite-checking of same; verified citations and

quotations in assigned section of the response.

06/30/09 K M Sadler 3.80 Reviewed REDACTED ; reviewed

issues regarding resolving motion to release coins held at SCB;

reviewed issues regarding examiner inquiries; reviewed

account release issues; reviewed issues regarding Court's Order

to end Freeze; reviewed issues regarding SEC request for

information; reviewed inquiries from investors regarding

account status; reviewed emails regarding insurance dispute;

06/30/09 E A Soderlund .60 Revise, edit, and distribute memo on REDACTED





06/30/09 W F Stutts, Jr. 1.40 Communications with Mr. Howell, Mr. Cialone, Ms.

Blumenschein, Mr. Massad, Ms. Ayers regarding

REDACTED







06/30/09 R H Wood 2.00 Researched REDACTED



drafted REDACTED









06/30/09 E A Young .20 Discussed with D. Arlington REDACTED







07/01/09 D T Arlington 1.90 Revised letter agreement with Michael Quilling regarding coins

motion; communicated with team regarding reviewed

REDACTED





inquiries from examiner; coordinated regarding service on

relief defendants; addressed inquiry from coins account holder.

07/01/09 S A D Ayers 6.00 Telephone conference Gene Wilshire regarding Hunton appeal

to Fifth Circuit; edited and filed response to motion to

intervene by HP and Trustmark.

07/01/09 J A Cialone, II .20 Emails about court papers.

07/01/09 T S Durst 4.40 Analysis of insurance issues and motion filed by Holt;

conference with SEC regarding same; communications with

client regarding work on

REDACTED REDACTED



conference with court

regarding pending matters.

07/01/09 J S Fitzwater 5.50 Updating the Pleadings pad; updating the Extranet website, as

well as hosted filings regarding searchable text; assisting Sue

Ayers and Katherine Hinton to construct a profile of

intervening motions; monitoring court filings and assisting







337

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 271 of 377

Page 270









Hours Description

attorney team to coordinate reception of filings to appropriate

members; updating the tracking charts of filings entered by the

parties, intervenors and the intervenors' attorney appearances;

organizing case material for attorney review; and assisting Tim

Mountz and Jonathan Rubenstein in researching REDACTED



07/01/09 L C Fluker 1.90 Reviewed portion of Receiver's Response to Motions to

Intervene to determine any additional cites; checked additional

sites (including confirmed accuracy of quoted language) and

noted necessary revisions; conferred with Ellen Reeder and

Katherine Hinton to coordinate document revision; revise

response as necessary.

07/01/09 K W Hinton 5.00 Reviewed and quality-checked record citations; revised

response to motions to intervene; reviewed, supervised and

assisted with preparing Appendices to Motion to Show Cause

and Response to Motions to Intervene; updated deadlines chart;

prepared and e-filed stipulations; communicated with process

server regarding service of complaint to relief defendants;

communicated with D. Arlington regarding same; reviewed

chart on motions to intervene and provided numbers for

response per the request of S. Ayers.

07/01/09 J R Knight 1.30 Negotiated with counsel for the Hunton Parties regarding

possible dismissal or postponement of the appeal or of the

briefing schedule in light of the June 29 order; follow up with

counsel for the SEC and suggested revisions to draft motion.

07/01/09 J R Knight 2.80 Continued working on the appellee's brief, including

REDACTED





07/01/09 M D Kusey 1.00 Logged in mail into correspondence and claims logs.

07/01/09 J B Lawrence 1.60 Draft REDACTED ; edit and revise



07/01/09 E D Reeder 3.50 Completed legal cite-checking of portion of consolidated

response; reviewed entire document for long and short form

citations; input revisions; coordinated with K. Hinton and L.

Fluker regarding completing the cite check.

07/01/09 K M Sadler 3.10 Reviewed issues regarding REDACTED

; reviewed

issues regarding coins release; reviewed and responded to

email from FITS regarding REDACTED ; reviewed

issues regarding REDACTED



; reviewed response to motion to stay; reviewed data

from FTI regarding claims analysis

07/01/09 K Scanlan 2.20 Update deadlines chart; forward new chart; telephone







338

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 272 of 377

Page 271









Hours Description

conference regarding deadlines and related issues and adding

specific filing deadlines from non-SEC case to the SEC

deadlines chart when the matters are related; update master

calendar; update Tim Durst calendar.

07/01/09 M C Wood 9.00 Researched REDACTED







Revised REDACTED per Sue Ayers's comments; Assembled

REDACTED ; Began researching REDACTED



07/01/09 R H Wood .90 Researched REDACTED





07/02/09 D T Arlington 2.30 Finalized and forwarded agreement to Quilling regarding coins

motion; followed up regarding same; telephone conferences

with counsel for secured creditor regarding sale of property and

related motion; reviewed and addressed inquiry from counsel

regarding coins account; coordinated regarding service of

financial advisors; reviewed email regarding REDACTED

reviewed terms of agreement with Hunton

appellants; reviewed status of obtaining account data from

Toronto Dominion

07/02/09 S A D Ayers 2.40 Telephone conference with Pershing and outside counsel

regarding Wampold case; telephone conference with members

of receiver's team regarding REDACTED



telephone conference with counsel to Allen

Stanford and review of motion to amend Receivership Order;

telephone conference with clerk at Fifth Circuit regarding join

motion to abate.

07/02/09 T S Durst 1.60 Analysis of issues regarding REDACTED



;

review, revise and finalize REDACTED







07/02/09 J S Fitzwater 3.30 Organizing case material for attorney review; updating

litigation pleadings pads for related Stanford matters;

monitoring court filings and assisting attorney team to

coordinate reception of filings to appropriate members;

updating the Extranet website, as well as hosted filings

regarding searchable text; assisting John Lawrence to prepare

the Receiver's Response to Stanford's Motion to Stay

Receivership Proceedings (Dkt. No. 554) for filing; updating

the tracking charts of filings entered by the parties, intervenors

and the intervenors' attorney appearances; and updating the

Pleadings pad.

07/02/09 J R Knight 2.10 Negotiated agreement with counsel for the Hunton Parties and

for the SEC to request postponement of Fifth Circuit briefing







339

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 273 of 377

Page 272









Hours Description

schedule in light of the June 29 order and possible changes in

the freeze with respect to the Hunton Parties; revised and

executed joint motion.

07/02/09 J R Knight 2.20 Continued work on appellee's brief; REDACTED

.

07/02/09 M D Kusey 4.30 Researched and obtained original correspondence from

Northern Trust and sent the same to Bill Cominsky to be

forward to FITS; logged in mail into correspondence and

claims logs.

07/02/09 K M Sadler 3.80 Reviewed information from FTI regarding account analysis

regarding clawback claims; reviewed issues regarding investor

accounts; reviewed issues regarding resolution of motion to

release coins held at SCB; conference with M. Lovett and

financial team and Arlington, Ayers regarding REDACTED

; reviewed

REDACTED

emails to Ayers

regarding ; reviewed issues regarding TD bank data

REDACTED





production; reviewed letters from FNRA regarding requests for

information

07/02/09 M C Wood 7.50 Located REDACTED



; Researched REDACTED



; Researched REDACTED



.

07/03/09 S A D Ayers 2.10 Responded to inquires from Joe Knight in regard to

REDACTED ; supervised research conducted on

REDACTED

; responded to

correspondence (mail and email) on a

REDACTED

, inquiries from lawyers for account holders

regarding the procedure for filing a claim.

07/03/09 B A Day .50 Reviewed documents filed by the SEC for

REDACTED

; reviewed

account holders' accounts for partial, full, or de minimis

releases.

07/03/09 T S Durst 2.90 Further analysis of insurance issues; call with opposing counsel

and team regarding same; work on REDACTED

; follow-up analysis on

Stanford motion to compel.

07/03/09 J R Knight 5.20 Worked on the appellee's brief REDACTED









340

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 274 of 377

Page 273









Hours Description

REDACTED .

07/03/09 W F Stutts, Jr. .80 Worked on REDACTED





briefly communicated with Ms. Ayers.

07/03/09 M C Wood 5.00 Researched REDACTED



Began reviewing REDACTED









07/04/09 S A D Ayers .50 Located pleadings in Troice case, reviewed and circulated to

trial attorney at request of Kevin Sadler.

07/04/09 W F Stutts, Jr. .80 Reviewed information related to REDACTED









07/04/09 M C Wood 6.40 Continued researching REDACTED



Began researching REDACTED

Searched

REDACTED Began drafting a memo REDACTED







07/05/09 D T Arlington .70 Reviewed and addressed proposal regarding resolution of

Bukrinsky motion

07/05/09 S A D Ayers 3.00 Analyzed proposal from Bukrinsky movants' attorney;

responded to email inquiries from Kevin Sadler on REDACTED

; supervised research

on claims against relief defendants REDACTED









07/05/09 B A Day 1.50 Reviewed documents filed by the SEC for REDACTED









07/05/09 J R Knight 4.00 Drafted argument that REDACTED









07/05/09 K M Sadler 2.80 Reviewed issues regarding Bukrinsky motion and proposal

regarding creditors committee; reviewed issues regarding

Hunton appeal; reviewed issues regarding pending motions and

responses due; reviewed issues regarding show cause motion

regarding property dispute; reviewed issues regarding

complaint against insurance brokerage firm

07/05/09 E A Soderlund 1.40 Review proposal from P. Morgenstern regarding Bukrinsky

motion, report and comment on same, and REDACTED

with K. Sadler, S. Ayers, T. Davis, and D.







341

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 275 of 377

Page 274









Hours Description

Arlington for REDACTED







07/05/09 M C Wood 8.90 Continued researching REDACTED



Researched REDACTED



Researched REDACTED

Continued drafting a memo

containing REDACTED Researched REDACTED







07/06/09 C N Adams 1.80 Telephone conference with working group regarding litigation

issues with respect to Vantis; reviewing REDACTED



telephone conference with group

regarding REDACTED



07/06/09 D T Arlington 4.90 Finalized agreement with Michael Quilling regarding motion to

compel release of coins; coordinated regarding service on relief

defendants; prepared response to coin customer inquiry;

reviewed recent filings; addressed issues relating to Latin

American accounts; addressed analysis of claw back claims

07/06/09 S A D Ayers 7.60 Analyzed data on CD redemptions, RD claims

REDACTED edited contempt motion regarding

Randi Stanford; conducted research regarding REDACTED



07/06/09 M E Burnett 2.30 Searched for and provided REDACTED



for Sue Ayers.

07/06/09 B A Day 6.30 Reviewed documents filed by the SEC for REDACTED









07/06/09 T S Durst 4.70 Attention to issues regarding motions by Davis and Stanford to

join Holt motion on insurance proceeds; several telephone

conferences with opposing counsel regarding same and

communications with team regarding analysis of

REDACTED





REDACTED and communications

with Mr. Sadler regarding attention to issues regarding

REDACTED





REDACTED







07/06/09 J S Fitzwater 7.80 Organizing case material for attorney review; updating the

Pleadings pad and pleadings indices in the Stanford matter;

updating the Extranet website, as well as hosted filings

regarding searchable text; assembling pleadings pads for

related litigation; updating hard and electronic correspondence;

monitoring court filings and assisting attorney team to

coordinate reception of filings to appropriate members;









342

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 276 of 377

Page 275









Hours Description

updating support files for the litigation team; updating (non-

pleading) intercorrelating discovery; and updating the tracking

charts of filings entered by the parties, intervenors and the

intervenors' attorney appearances.

07/06/09 J R Knight 2.40 Completed and circulated first draft of the appellee's brief;

began revising draft REDACTED



07/06/09 J R Knight .30 Analyzed REDACTED





07/06/09 T M Moratto Jr. .80 Per K. Hinton, for S. Ayers, searched REDACTED





07/06/09 K M Sadler 7.80 Consultations with Receiver regarding REDACTED

conferences with BB team regarding REDACTED ; reviewed

issues regarding investor claims; reviewed issues regarding

Examiner inquiries; reviewed Hunton appeal brief; emails

to/from Knight and Ayers regarding reviewed

REDACTED





information from FTI; conference with M. Lovett regarding

REDACTED reviewed pleadings received;

emails to Scanlan regarding REDACTED reviewed issues

regarding secured creditor motion regarding Davis; emails

to/from Durst regarding REDACTED ; reviewed issues

regarding REDACTED



emails to/from K. Schlanger regarding REDACTED

reviewed and revised REDACTED

07/06/09 K Scanlan 6.00 Office conference with John Lawrence regarding

REDACTED









update litigation chart; REDACTED





office conference with

Jonathan Rubenstein regarding REDACTED



pull

REDACTED for Tim Mountz; brief office conference

with Tim Mountz regarding REDACTED



07/06/09 M C Wood 9.00 Researched REDACTED

Researched REDACTED





Researched REDACTED

REDACTED

Researched

Researched

REDACTED









343

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 277 of 377

Page 276









Hours Description

Updated REDACTED

memo to reflect research findings

on REDACTED ; Drafted an introduction to the memo REDACTED







07/06/09 R H Wood 3.90 Researched REDACTED

; researched REDACTED









.

07/06/09 A F York 2.60 Reviewed evidence supporting SEC complaint

REDACTED



07/07/09 D T Arlington 4.00 Corresponded with counsel for Turner/Equus regarding

withdrawal of motion; coordinated with team regarding

REDACTED coordinated regarding service

on relief defendants; reviewed research regarding REDACTED



07/07/09 S A D Ayers 8.10 Conducted research and data for new complaint and motion

against relief defendants on REDACTED

attention to U.S. suit in rem against coin and

cash.

07/07/09 J A Cialone, II .50 Attention to draft and filed court papers; attention to Stanford's

motion for release of funds for defense; related calls.

07/07/09 B A Day 6.20 Reviewed documents filed by the SEC for REDACTED









07/07/09 T S Durst 1.70 Work on response to insurance motion and conference with

team and opposing counsel regarding same; attention to issues

regarding coins and bullion and necessary filings; attention to

upcoming deadlines and filings.

07/07/09 J S Fitzwater 8.50 Continuing to organize case material for attorney review;

continuing to update the Pleadings pad and pleadings indices in

the Stanford matter; continuing to update the Extranet website,

as well as hosted filings regarding searchable text; continuing

to assemble pleadings pads for related litigation; continuing to

update hard and electronic correspondence; monitoring court

filings and assisting attorney team to coordinate reception of

filings to appropriate members; continuing to update support

files for the litigation team; assisting Kristie Blumenschein

regarding REDACTED ; continuing to

update (non-pleading) intercorrelating discovery; and

continuing to update the tracking charts of filings entered by









344

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 278 of 377

Page 277









Hours Description

the parties, intervenors and the intervenors' attorney

appearances.

07/07/09 J R Knight 2.00 Analyzed REDACTED and began revising draft brief.

07/07/09 J R Knight 1.40 Analyzed letter from the Fifth Circuit, negotiated with counsel

for the Hunton Parties and for the SEC, revised and agreed to

joint response.

07/07/09 J R Knight .80 Analyzed June 29 order and assessed REDACTED









07/07/09 K M Sadler 3.20 Reviewed issues regarding Hunton appeal; reviewed joint brief;

reviewed letter from Court regarding supplemental briefing;

reviewed communications from counsel for brokers

07/07/09 K Scanlan 7.50 Continue to review all lawsuits and all claims charts to

REDACTED ; office conference with John

Lawrence concerning REDACTED



expand various charts to REDACTED





; update charts; create new chart to simplify claims by

party; receiver various summons from Austin and have

stamped, signed and sealed by District Clerk; scan copies for

Austin to file on ECF and forward to defendant's counsel;

prepare package for Austin with originals for file; update

deadlines chart; REDACTED for John Lawrence.

07/07/09 M C Wood 3.70 Finished drafting REDACTED memo for Kevin Sadler; Meeting

with Sue Ayers to discuss REDACTED



Sent email to Ayers

discussing REDACTED









07/07/09 R H Wood 6.60 Researched REDACTED



researched

REDACTED

researched REDACTED



wrote

up analysis on these issues and forwarded it to Bob Howell.

07/07/09 A F York 4.50 Prepared stipulations for partial account releases; reviewed

evidence supporting SEC complaint for REDACTED



07/08/09 D T Arlington 5.90 Addressed issues relating to REDACTED



conferences with team regarding coordinated regarding

REDACTED





service on relief defendants; reviewed materials relating to coin

forfeiture case; telephone conference with investor counsel

regarding motion to intervene; reviewed research and emails







345

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 279 of 377

Page 278









Hours Description

regarding REDACTED ; coordinated with team

regarding REDACTED ; prepared REDACTED









07/08/09 S A D Ayers 6.30 Drafted REDACTED



; analyzed data

regarding claims against relief defendants.

07/08/09 B A Day 7.10 Reviewed documents filed by the SEC for REDACTED









07/08/09 T S Durst 1.40 Work on brief regarding REDACTED

; follow-on issues

regarding REDACTED conference with co-counsel

regarding pending items.

07/08/09 J S Fitzwater 3.80 Updating tracking charts of filings entered by the parties and

intervenors; updating the Pleadings pad; updating the Extranet

website, as well as hosted filings regarding searchable text;

monitoring court filings and assisting attorney team to

coordinate reception of filings to appropriate members; and

organizing case material for attorney review.

07/08/09 K W Hinton 6.10 Drafted summonses for baseball players and financial advisors;

coordinated issuing of summonses with K. Scanlan; researched

fees for summons; reviewed REDACTED

and

responded to M. Myers request regarding quality-

REDACTED





checked redactions; drafted emails to D. Arlington with

REDACTED .

07/08/09 J R Knight 1.20 Performed enough work on the brief to REDACTED







07/08/09 R C Lewis .60 Reviewed and commented on REDACTED ; phone

conference with John Greer regarding REDACTED

07/08/09 K M Sadler 9.80 Reviewed REDACTED ;

conference with financial team regarding REDACTED

conference with FTI regarding

REDACTED ; reviewed motions received; reviewed and

revised REDACTED ; reviewed

account analysis reports; reviewed issues regarding REDACTED

REDACTED ; reviewed letter from counsel for investor; reviewed





brief filed by Examiner regarding Chap 15 issues; conference

with Arlington and Ayers regarding REDACTED

; reviewed correspondence from attorney

for brokers; reviewed REDACTED and email to M. Lena

and K. Van Tassel regarding reviewed issues regarding

REDACTED







REDACTED





07/08/09 K Scanlan 5.80 Review e-mail from Austin regarding summons for various







346

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 280 of 377

Page 279









Hours Description

financial advisors and other relief defendants; coordinate with

clerk's office to get summons signed and sealed; review e-mail

regarding status and relevant dates of replies in opposition to

various real estate related motions; pull REDACTED



and prepare REDACTED format and distribute

REDACTED to team; review e-mail from John Lawrence

regarding REDACTED



as requested by John Lawrence; office conference with John

Lawrence to REDACTED

; review second set

of summons from Austin and prepare for district clerk;

coordinate getting signatures on all summons; scan summons

and forward scans to Austin; prepare package of summons set

1 and summons set 2 and send to Austin.

07/08/09 E A Soderlund .60 Prepare and distribute internally a REDACTED







07/08/09 M C Wood 3.00 Began drafting motion to freeze assets of relief defendants;

Reviewed REDACTED to include in

the motion.

07/08/09 A F York 2.40 Reviewed evidence supporting SEC complaint for

REDACTED



07/09/09 D T Arlington 4.10 Prepared acceptances of service for multiple relief defendants;

coordinated regarding preparation of motion relating to release

of coins and bullion; addressed warrant relating to coin seizure;

conference with account team regarding reports to examiner;

telephone conferences with counsel for investors regarding

same; worked on additional relief defendant complaints;

coordinated with team regarding REDACTED



07/09/09 S A D Ayers 5.60 Analyzed data regarding CD proceeds for new complaint and

motion for freeze; finalized and served letter in Wampold case

regarding removal and transfer.

07/09/09 J A Cialone, II 1.10 Extended call with Edmunson at SEC; call with Romero at

SEC; considered REDACTED

07/09/09 B A Day 11.00 Reviewed documents filed by the SEC for REDACTED





drafted memo

containing results of such review; reviewed account holders'

accounts for partial, full, or de minimis releases; reviewed and

analyzed documents relating to such releases and conferred

with financial team.

07/09/09 T S Durst 4.80 Review and revise REDACTED and attention to issues









347

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 281 of 377

Page 280









Hours Description

regarding REDACTED ; outlining

REDACTED and conference with team and co-counsel;

communications with opposing counsel.

07/09/09 J S Fitzwater 5.00 Assembling pleadings pads for related litigation; updating the

tracking charts of filings entered by the parties and the

Pleadings pad in the Stanford matter; updating the Extranet

website, as well as hosted filings regarding searchable text;

monitoring court filings and assisting attorney team to

coordinate reception of filings to appropriate members;

organizing case material for attorney review; updating hard and

electronic correspondence; and updating (non-pleading)

intercorrelating discovery.

07/09/09 J R Knight 1.70 Analyzed REDACTED analyzed the

ruling and completed existing work REDACTED

; assisted with REDACTED









07/09/09 R C Lewis .30 Phone call with John Greer regarding REDACTED

reviewed comments related to REDACTED





07/09/09 K M Sadler 10.40 Reviewed issues regarding REDACTED



reviewed issues regarding broker claim (Ulloa);

reviewed draft reports regarding account release and review;

reviewed cases and memo regarding REDACTED ; reviewed

letter brief to court regarding LA. case involving Pershing;

reviewed issues regarding REDACTED

conference with Ayers and Arlington

regarding REDACTED conference with court

staff regarding pending motion to amend OAR; reviewed status

of tasks under way at FTI; reviewed and revised

REDACTED

separate conferences with Cialone and Howell

regarding REDACTEDconference with financial team; conference

with regarding REDACTED

reviewed issues with Arlington and Roper

regarding REDACTED ; reviewed draft

pleading received from Little

07/09/09 K Scanlan 3.90 Office conference with John Lawrence regarding REDACTED



review REDACTED from

John Lawrence and pull REDACTED



; update charts with revisions.

07/09/09 M C Wood 6.20 Continued drafting REDACTED

Researched REDACTED



07/09/09 A F York 7.80 Worked directly with FITS, FTI, and Stanford teams on

account release process; calls and emails to account holders







348

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 282 of 377

Page 281









Hours Description

regarding same; reviewed and analyzed account release

applications and summaries; prepared stipulations for partial

account releases; reviewed evidence supporting SEC complaint

for REDACTED



prepared memo regarding REDACTED

07/10/09 D T Arlington 4.90 Reviewed examiner's fee application; prepared relief defendant

complaint against Hunton parties; reviewed background

materials relating to REDACTED ; participated

in update call with FTI; addressed media inquiry; further

addressed coin forfeiture action; telephone conference with

U.S. attorneys' office regarding same; addressed issues relating

to discovery from Hunton & Williams; prepared email to

counsel for Singapore and Haddad.

07/10/09 S A D Ayers 6.80 Analyzed data regarding CD proceeds; telephone conference

with Patton Boggs regarding motion to amend Receivership

Order; edited complaint in Janvey v. Letsos; edited motion for

freeze order against relief defendants; attention to requests for

information from Receiver.

07/10/09 J A Cialone, II .40 Emails with SEC about meeting next week.

07/10/09 T S Durst 2.50 Work on REDACTED ; attention to examiner fee

request; review of new filings and consideration of responses to

same; conference with client, co-counsel and team regarding

REDACTED ; call to opposing counsel.

07/10/09 J S Fitzwater 5.50 Completing assembly and updating of pleadings pads for

related litigation; updating the Pleadings pad and pleadings

indices in the Stanford matter; updating tracking charts of

filings entered by the parties and intervenors; updating support

files for the litigation team; office conference with Kevin

Scanlan regarding forthcoming pleadings and filings; updating

the Extranet website, as well as hosted filings regarding

searchable text; and monitoring court filings and assisting

attorney team to coordinate reception of filings to appropriate

members.

07/10/09 K W Hinton 7.80 Supervised and assisted with searches regarding 754 notices;

reviewed case information and updated chart regarding same;

supervised and assisted updating shared drive; met with S.

Ayers regarding REDACTED ; reviewed and assessed

foreign filings; drafted email to S. Ayers with REDACTED



07/10/09 J R Knight .40 Assisted with REDACTED





07/10/09 R C Lewis 2.80 Conference with Sam Cooper regarding REDACTED



; revised REDACTED ; reviewed and









349

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 283 of 377

Page 282









Hours Description

revised REDACTED ; phone conference

with John Greer concerning REDACTED





07/10/09 K M Sadler 9.80 Reviewed fee application filed by examiner; consultations with

receiver; conference with Examiner; reviewed issues regarding

coin and Bullion release motion; reviewed issues regarding

account release and review; conference with FTI regarding

REDACTED ; conference with Arlington regarding

REDACTED reviewed issues regarding

REDACTED ; emails to Receiver regarding

reviewed issues regarding SEI accounts; reviewed

REDACTED





pleadings received; reviewed issues regarding RAS request for

conference on pending motion; reviewed subpoena and notice

of deposition; reviewed issues regarding Coins and Bullion

lawsuit

07/10/09 K Scanlan 3.50 Review e-mail from Kevin Sadler and forward requested

information; update deadlines chart and forward to all team

members; update pending matters chart; review Trustmark

matters and calendar all Trustmark deadlines in all cases and

add to SEC deadlines chart; update interventions chart; assist in

filing and updating the non-SEC case files.

07/10/09 M C Wood 3.00 Finished drafting and proofreading motion for order freezing

assets of relief defendants.

07/11/09 D T Arlington 1.50 Prepared for and participated in call with Karyl Van Tassel

regarding REDACTED

07/11/09 S A D Ayers 3.80 Responded to miscellaneous inquiries from Kevin Sadler

regarding REDACTED

07/11/09 K M Sadler 2.30 Reviewed FTI data; reviewed pleadings and correspondence

received regarding various issues

07/12/09 D T Arlington 2.10 Reviewed draft motion to freeze; reviewed information

regarding Hunton agreement; reviewed other data for filings;

worked on REDACTED

07/12/09 S A D Ayers 4.20 Reviewed motion for new freeze regarding relief defendants'

accounts.

07/12/09 T S Durst .80 Further analysis of REDACTED and work on REDACTED









07/13/09 D T Arlington 9.90 Corresponded with counsel for Singapore and Milan regarding

response to motion to intervene; prepared response to motion;

exchanged email with counsel for Cisco assignee regarding

party substitution; worked on REDACTED addressed

Examiner inquiries; addressed relief defendant service issues;

prepared email to SEC regarding Hunton complaint; reviewed









350

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 284 of 377

Page 283









Hours Description

motion regarding coins and bullion; prepared and

communicated comments to same.

07/13/09 S A D Ayers 5.50 Communications regarding REDACTED ;

communications with attorney for Randi Stanford to confer

regarding condominium; attention to new lawsuit filed against

Antigua; reviewing conflicts reports on relief defendants and

banks; attention to subpoenas for information regarding CD

proceeds.

07/13/09 J L Cafferty .30 Researched issues related to REDACTED







07/13/09 J A Cialone, II 1.80 Prepared for and participated in extended meeting with SEC at

company offices; various follow-up calls and emails.

07/13/09 T S Durst .70 Work on REDACTED ; communications with

client, co-counsel and team regarding REDACTED

07/13/09 J S Fitzwater 5.80 Monitoring court filings and assisting attorney team to

coordinate reception of filings to appropriate members;

updating the Extranet website, as well as hosted filings

regarding searchable text; updating pleadings pads for the '298

Stanford matter; updating pleadings pads for litigation related

to the Receiver and the Stanford parties; assembling case

material for attorney review; and updating tracking charts of

filings entered by the Parties and intervenors.

07/13/09 K M Sadler 10.20 Reviewed issues regarding response to investor motion

(Singapore/Milan); reviewed communications from client

regarding reviewed and finalized Hunton (Letsos) RD

REDACTED







complaint; drafted memo to client regarding REDACTED

reviewed pleadings regarding Trustmark Intervention;

reviewed class action complaint; reviewed issues related to

REDACTED ; SIPC issues; FTI work related to RD

complaints; response to FNRA letters; reviewed information

regarding proposed motion to sell boats; conference with

Examiner regarding SIPC issues; reviewed REDACTED

; reviewed issues regarding CDP

submission; reviewed issues regarding account review and

release status; reviewed and commented on draft letter to

Bukrinsky movants counsel; reviewed issues regarding status

of SEI accounts.

07/13/09 E A Soderlund 2.40 Revise and edit REDACTED







07/13/09 M C Wood 6.10 Conferences with Katherine Hinton and Thomas Moratto

regarding new 754 filings in district courts; Gathered

information about how to making 754 filings in district courts









351

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 285 of 377

Page 284









Hours Description

around the country.

07/14/09 D T Arlington 9.80 Worked on motion regarding coins and bullion; reviewed

information regarding sale of Little Eagle; addressed Hunton

account release issues; addressed inquiry from recipient of

political contributions from Stanford; addressed relief

defendant service issues; telephone conference with team

regarding REDACTED worked on REDACTED

07/14/09 S A D Ayers 7.00 Finalized, conferred and filed motion for contempt against

Randi Stanford; analyzed CD proceeds data; reviewed

REDACTED reviewed conflicts reports on relief

defendants and bank.

07/14/09 M E Burnett .50 Searched for and provided copies of filings for Sue Ayers.

07/14/09 M E Burnett .30 Provided list of registered agents for specified companies for

Andrew York.

07/14/09 B A Day 4.50 Discussed background factual information with David

Arlington and Ben Krage for

REDACTED revised REDACTED









07/14/09 T S Durst 2.00 Analysis of REDACTED

comments on brief; analysis of REDACTED

communications with co-counsel, team and client

regarding attention to issues regarding other pending

REDACTED





motions.

07/14/09 J S Fitzwater 1.20 Monitoring court filings and assisting attorney team to

coordinate reception of filings to appropriate members;

updating hosted filings on the Extranet website; and updating

pleadings indices in the '298 Stanford matter.

07/14/09 R C Lewis .60 Conference regarding REDACTED

revised REDACTED

07/14/09 K M Sadler 10.40 Reviewed and commented on motion and order regarding RD

issues; reviewed information from FTI; conference with FTI

regarding REDACTED ; reviewed

information from REDACTED



; reviewed and provided comments on

REDACTED ; reviewed issues regarding

REDACTED



reviewed issues regarding response to motion to release

accounts filed by Singapore/Milan; consultations with client

regarding REDACTED ; reviewed and commented on

REDACTED ; reviewed issues regarding motion for

contempt regarding Randi Stanford property; conference with







352

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 286 of 377

Page 285









Hours Description

Patton Boggs regarding motion to extend reply date; reviewed

correspondence regarding REDACTED ; reviewed issues

regarding REDACTED

07/14/09 K Scanlan 1.60 Review e-mail from Austin and provide requested documents;

update various charts; create new files for new Federal cases.

07/14/09 M C Wood 6.00 Prepared for the upcoming filing of receivership paperwork in

20 district courts by drafting cover letters to each court,

completing new case forms, and drafting email instructions to

the process servers.

07/14/09 A F York 4.40 Reviewed bank transfer data from FTI; prepared

REDACTED



review of REDACTED



preparations for REDACTED further review of issues with

754 filings.

07/15/09 D T Arlington 7.70 Continued working on REDACTED ; telephone conference

with FTI regarding REDACTED worked on Hunton complaint;

addressed REDACTED ; reviewed HP reply brief; addressed

relief defendant service issues.

07/15/09 S A D Ayers 5.80 Edited and filed complaint in Janvey v. Letsos; reviewed James

Davis plea agreement; reviewed, conferred and filed motion to

retain private equity consultant; edited motion and order for

freeze on assets of relief defendants.

07/15/09 J A Cialone, II .80 Reviewed draft court papers.

07/15/09 T S Durst 1.50 Work on REDACTED



attention to

new filings and needed responses to same.

07/15/09 J S Fitzwater 1.80 Monitoring court filings and assisting attorney team to

coordinate reception of filings to appropriate members;

updating hosted filings on the Extranet website; and updating

pleadings indices in the '298 Stanford matter.

07/15/09 R C Lewis .50 Revised REDACTED



prepared REDACTED





07/15/09 K M Sadler 9.30 Reviewed CD proceeds information from FTI; reviewed and

revised draft motion to impose freeze; reviewed pleadings

received; reviewed and revised draft Order, reviewed issues

regarding RD complaint and brief; reviewed REDACTED

with Arlington; reviewed pleadings received;

conference with counsel for class action lead plaintiff motion;

reviewed pleadings received

07/15/09 V R Walker .60 Assembled and organized court papers, vital documents and









353

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 287 of 377

Page 286









Hours Description

correspondence.

07/15/09 M C Wood 2.00 Finished contacting district courts and preparing paperwork for

our upcoming filings pursuant to 28 USC 754; Contacted the

New York district court to determine whether our previous 754

paperwork had been properly filed.

07/15/09 A F York 6.70 Reviewed bank transfer data from FTI; prepared

REDACTED



calls and emails with account holders and

FTI/FITS/Stanford Eagle regarding account releases; reviewed

REDACTED





07/16/09 D T Arlington 5.70 Worked on REDACTED reviewed REDACTED

addressed motion regarding release of Latin

American accounts; reviewed inquires from account holder

counsel; worked on relief defendant service issues; addressed

coin motion; responded to inquiry from state regulator.

07/16/09 S A D Ayers 6.30 REDACTED for memorandum to

Receiver; edited REDACTED drafted

supplemental relief defendant complaint; filed motion to hire

private equity advisor; telephone conference Jackie Scott,

counsel to Hunton parties.

07/16/09 T S Durst .80 Review and comment on REDACTED

attention to clawback pleadings.

07/16/09 J S Fitzwater 1.50 Monitoring court filings and assisting attorney team to

coordinate reception of filings to appropriate members;

updating hosted filings on the Extranet website; and updating

pleadings indices in the '298 Stanford matter.

07/16/09 R C Lewis 1.90 Conference with Katherine Roland regarding REDACTED

reviewed and revised reviewed and revised

REDACTED







REDACTED





07/16/09 K M Sadler 8.80 Reviewed draft motions regarding REDACTED

reviewed and revised pleadings regarding RD complaints;

reviewed information from FTI; reviewed account

review/release issues; consultations with client; reviewed

issues regarding REDACTED

reviewed letter regarding REDACTED



reviewed issues regarding service of Hunton

(Letsos) complaint; conference with Arlington regarding

REDACTED





07/16/09 K Scanlan 4.20 Pull requested materials for review and prepare notebook;

update charts; review e-mail from Tim Mountz and pull

REDACTED review REDACTED

and draft memo on REDACTED







354

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 288 of 377

Page 287









Hours Description





07/16/09 A F York 9.00 Discussed and reviewed REDACTED

prepared

REDACTED calls and emails with account holders and

FTI/FITS/Stanford Eagle regarding account releases; reviewed

REDACTED preparations for REDACTED

reviewed REDACTED





07/17/09 D T Arlington 7.90 Reviewed and worked on REDACTED

reviewed and addressed issues relating to coin

release motion; reviewed DOJ motion to stay; coordinated with

team regarding REDACTED conference call

with FTI regarding REDACTED

07/17/09 S A D Ayers 5.80 Edited complaint, motion and order relating to relief

defendants; edited REDACTED



communicated with Gene Wilshire regarding service in Janvey

v. Letsos.

07/17/09 J A Cialone, II 1.40 Prepared for meeting on Monday at Receiver's office regarding

REDACTED numerous calls and emails

about meeting on Monday.

07/17/09 T S Durst 1.10 Attention to issues regarding Holt's proposed motion and

discovery; follow-up on REDACTED communications with

team regarding REDACTED



07/17/09 J S Fitzwater 2.50 Monitoring court filings and assisting attorney team to

coordinate reception of filings to appropriate members;

updating hosted filings on the Extranet website; updating

tracking charts of filings entered by the Parties and intervenors;

and updating pleadings pads and indices in the '298 (Stanford

v. SEC) and '1329 (Janvey v. Letsos) matters.

07/17/09 M D Kusey 4.00 Logged in mail into correspondence and claims logs.

07/17/09 R C Lewis 1.50 Reviewed and revised REDACTED drafted

REDACTED reviewed and revised REDACTED









07/17/09 K M Sadler 9.40 Reviewed issues regarding reply brief on disqualification and

communications with opposing counsel; reviewed and revised

various pleadings regarding RD complaint; drafted email to

client regarding conference with FTI regarding

REDACTED





conference with M. Lovett regarding

REDACTED conference with counsel for creditor regarding

intervention and opposition to sales procedure motion;

reviewed coins motion; reviewed emails from Examiner and K.

Blumenschein regarding coins motion timetable; conferences

with Ayers and Arlington regarding REDACTED







355

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 289 of 377

Page 288









Hours Description

REDACTED reviewed pleadings; correspondence with opposing

counsel (Tillotson) regarding discovery and insurance issues

07/17/09 K Scanlan 1.80 Update charts; review Pacer for deadlines and double check

that all motions removed from list have been cleared by the

court.

07/17/09 A F York 4.50 Discussed REDACTED with FTI and FITS and

reviewed REDACTED



reviewed REDACTED calls with

FTI regarding REDACTED emails with account holders

and FTI/FITS/Stanford Eagle regarding account releases;

reviewed REDACTED

07/18/09 D T Arlington 2.30 Worked on relief defendant complaint.

07/18/09 J A Cialone, II 1.20 Calls and emails throughout the day about REDACTED







07/19/09 D T Arlington 1.50 Worked on relief defendant complaint; addressed Latin

American accounts issue.

07/19/09 S A D Ayers 4.30 Drafted letter to former employee regarding Receivership and

litigation stay; reviewed REDACTED



reviewed

transcript of bond hearing for Allen Stanford; attention to filing

754 notices in districts where relief defendants reside; attention

to REDACTED

07/19/09 J A Cialone, II 1.30 Further preparation for Monday meeting.

07/19/09 K Scanlan 3.20 Locate requested materials on extranet and forward; work on

chart of all pending motions, reply and response dates and days

that each matter has been ripe for decision under Northern

District Rules.

07/19/09 M C Wood 6.10 Reviewed case law regarding REDACTED



Researched

REDACTED ; Began

drafting REDACTED





07/20/09 C N Adams 4.90 Conference with Joe Cialone and Kevin Sadler regarding

REDACTED conference with Ralph Janvey and team

regarding REDACTED reviewing



07/20/09 D T Arlington 6.30 Continued working on amended relief defendant complaint;

worked on motion regarding release of accounts;

communicated with team regarding addressed other

REDACTED





account release issues; coordinated regarding service on relief

defendants; reviewed motion filed by SEC.









356

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 290 of 377

Page 289









Hours Description

07/20/09 S A D Ayers 6.50 Drafting relief defendants complaints, motion to freeze account

held in names of relief defendants and proposed order,

communicating with FTI regarding REDACTED

attention to service on relief defendants in Janvey v. Letsos;

attention to correspondence with outside counsel for Stanford

Development Co.; attention to request from Receiver for

REDACTED



; analyzed SEC's motion to amend Receivership

Order; attention to discovery requests from Laura Holt.

07/20/09 J A Cialone, II 2.80 Prepared for and participated in extended meeting in Receiver's

office with REDACTED

; attention to Patton Boggs motion

and allegations; calls and emails about foregoing.

07/20/09 B A Day 2.20 Coordinated review of conflict-check reports for potential relief

defendants.

07/20/09 J S Fitzwater 5.30 Monitoring court filings and assisting attorney team to

coordinate reception of filings to appropriate members;

updating pleadings pads for the '298 Stanford matter and

related litigation; updating the tracking charts of filings entered

by the parties and intervenors; updating support files for the

litigation team and organizing case material for attorney

review; updating hard and electronic correspondence; and

updating the Extranet website, as well as hosted filings

regarding searchable text.

07/20/09 M D Kusey 6.80 Logged in mail into correspondence and claims logs.

07/20/09 J B Lawrence .20 Review Stanford's reply in support of motion to disqualify

Baker Botts.

07/20/09 K M Sadler 9.70 Reviewed issues regarding RD claims; consultations with

Receiver and TK regarding REDACTED ; reviewed

and revised draft pleadings; reviewed account release/review

information; reviewed hearing transcript regarding testimony

by FTI; reviewed draft SEC motion; conference with Receiver

and K. Edmundson of SEC regarding motion; reviewed task

list and motion response deadlines; reviewed motion to

dismiss; reviewed correspondence from investor counsel;

reviewed correspondence from insurer counsel

07/20/09 K Scanlan 9.50 Telephone conference with Kevin Sadler regarding

REDACTED assist in preparation for

Receiver meeting; telephone conference with Katherine Hinton

regarding REDACTED begin downloading

and printing copies of all pleadings in the 09-cv-721 cause of

action and the Canadian proceedings; work on creating

notebooks for Mr. Janvey for REDACTED







357

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 291 of 377

Page 290









Hours Description

office conference with Kevin Sadler regarding

REDACTED continue work on

new chart for all matters before the court and dates of all

responses and replies and status under the NDTX rules..

07/20/09 N M Starbuck 1.00 Searched production files for REDACTED







07/20/09 M C Wood 9.80 Researched the court's local rules on briefing; Researched

REDACTED ;

Researched REDACTED

Continued drafting REDACTED



Reviewed REDACTED

Conference with Sue

Ayers regarding REDACTED





07/21/09 D T Arlington 7.30 Reviewed motion filed by examiner and related email;

continued working on pleadings relating to claw-back claims;

prepared analysis of Examiner's filing; telephone conference

with FTI regarding REDACTED ; worked on REDACTED

; addressed account release issues; reviewed issues

relating to coins motion; addressed issues relating to property

sale motions; telephone conference with Kim Schlanger and

Eric Soderland regarding reviewed status of Turner coins

REDACTED





account; coordinated regarding REDACTED ;

addressed relief defendant service issues; telephone conference

with Kevin Sadler regarding REDACTED

07/21/09 S A D Ayers 8.00 Drafted relief defendant complaint; conferred and file motion

to sell private equity; analyzed SEC and Examiner motions

regarding claw back claims.

07/21/09 J A Cialone, II 1.00 Reviewed REDACTED ; related internal

calls and emails; reviewed and considered

REDACTED conference call with BB

team.

07/21/09 B A Day 2.10 Coordinated review of conflict-check reports for potential relief

defendants; reviewed same.

07/21/09 T S Durst .50 Review and respond to correspondence from team/client on

REDACTED







07/21/09 J S Fitzwater 4.30 Continuing to update support files for the litigation team and

organizing case material for attorney review; updating the

Extranet website, as well as hosted filings regarding searchable

text; updating (non-pleading) intercorrelating discovery and

organizing case material for attorney review; updating

pleadings indices in the '298 (Stanford v. SEC) matter;

updating the pleadings pad in the '1329 (Janvey v. Letsos)









358

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 292 of 377

Page 291









Hours Description

matter; monitoring court filings and assisting attorney team to

coordinate reception of filings to appropriate members;

updating the Appearances from Attorneys for the Intervenors

notebook; and updating the tracking charts of filings entered by

the parties and intervenors.

07/21/09 L C Fluker 1.50 Reviewed Excel spreadsheet tracking communications to locate

all Stanford customers (including account holders, gold bullion

purchasers) who have indicated retention of counsel; created

chart containing customer name, counsel name and address;

provided chart to secretary for use in preparing complaint

against relief defendants.

07/21/09 K M Sadler 10.40 Conference with officials at FNRA; reviewed correspondence

from FNRA; conference with Cialone and opposing counsel

regarding D&O coverage; reviewed REDACTED



reviewed information

regarding REDACTED and forwarded same to

Cooper; reviewed pleadings received; reviewed filing by

Examiner and Motion to Dismiss (Singapore); consultations

with client regarding REDACTED reviewed issues

regarding REDACTED

correspondence with investor counsel (Quilling) regarding

motions filed; reviewed FTI information regarding Coins and

Bullion issues; reviewed draft declaration of KVT

07/21/09 K Scanlan 5.50 Continue preparing materials for Mr. Janvey relating to

REDACTED





07/21/09 M C Wood 2.50 Finished drafting and proofreading motion for summary

proceedings; Drafted a proposed order to attach to the motion.

07/21/09 R H Wood 2.10 Reviewed conflict checks of proposed relief defendants;

performed analysis on same and cleared proposed lists.

07/21/09 A F York 4.50 Reviewed conflicts for relief defendant complaint; analyze and

respond to account holder inquiries; calls with Stanford Eagle

and FITS regarding account holder issues; call with account

holder in Spanish; preparations for relief defendant complaint.

07/22/09 D T Arlington 12.70 Reviewed SEC motion, Examiner's response and motion to

dismiss filed by Milan and Singapore; researched regarding

responses to same; prepared REDACTED



; telephone conferences with team

regarding REDACTED prepared REDACTED

07/22/09 S A D Ayers 4.60 Conference with Ralph Janvey regarding REDACTED

drafted relief defendant complaint; analyzed evidence in

support thereof.

07/22/09 M E Burnett .30 Provided copies of filings for David Arlington.







359

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 293 of 377

Page 292









Hours Description

07/22/09 J A Cialone, II 1.40 Prepared for meeting in Dallas tomorrow to discuss

REDACTED







07/22/09 B A Day 4.40 Coordinated review of conflict-check reports for potential relief

defendants and reviewed same; reviewed and analyzed

documents and data to assist in the creation of draft schedules

to Karyl Van Tassel's declaration.

07/22/09 J S Fitzwater 5.80 Updating the pleadings pads and indices for all filings entered

in the '298 Stanford matter; updating the Extranet website, as

well as hosted filings regarding searchable text; assembling

pleadings pads for related litigation; office conference with

Kevin Scanlan regarding distribution of correspondence and

filings to litigation team; monitoring court filings and assisting

attorney team to coordinate reception of filings to appropriate

members; continuing to update (non-pleading) intercorrelating

discovery; continuing to update support files for the litigation

team and organize case material for attorney review; and

updating the tracking charts of filings entered by the parties,

intervenors and the intervenors' attorney appearances.

07/22/09 J R Knight .40 Consulted with Kevin Sadler regarding REDACTED









07/22/09 M D Kusey 4.00 Logged in mail into correspondence and claims logs.

07/22/09 R C Lewis 1.00 Reviewed REDACTED reviewed and

commented on REDACTED





07/22/09 K M Sadler 11.30 Consultations with Receiver; reviewed and revised draft

pleadings; reviewed REDACTED



reviewed information from FTI regarding account analysis;

conferences with Ayers and Arlington regarding REDACTED

REDACTED ; reviewed information regarding

coin customer with account frozen at Pershing; reviewed draft

motion from Holt counsel; email to Cooper regarding

REDACTED

reviewed cases cited in draft pleadings; reviewed

litigation strategy; reviewed pleadings received; reviewed

issues regarding REDACTED



correspondence with client regarding REDACTED



07/22/09 K Scanlan 6.80 Continue to REDACTED

and create

for Ralph Janvey; prepare REDACTED

and deliver REDACTED to Mr. Janvey's office; brief office

conference with Kristi Blumenschein regarding REDACTED









360

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 294 of 377

Page 293









Hours Description

07/22/09 M C Wood 3.50 Reviewed conflict check reports; Researched REDACTED

Drafted email memo to Sue Ayers

regarding REDACTED

07/22/09 R H Wood 4.10 Reviewed conflicts checks of proposed relief defendants;

cleared lists and passed them on; communicated with S. Ayers

regarding REDACTED prepared REDACTED



07/22/09 A F York 10.20 Reviewed conflict checks for relief defendant complaint;

emails with Stanford Eagle regarding account holders;

reviewed attorney inquiries from account holders; reviewed

REDACTED researched, reviewed, and

summarized REDACTED



located and analyzed REDACTED

per

Sadler; reviewed and made recommendations regarding

REDACTED





07/23/09 C N Adams .50 Reviewing pleadings regarding broker lawsuit.

07/23/09 D T Arlington 10.60 Finalized REDACTED ;

reviewed research relating to REDACTED

coordinated with FTI and team regarding REDACTED

worked on REDACTED worked on amended complaint

and related motions; coordinated with team regarding

REDACTED





07/23/09 S A D Ayers 10.60 Attended meeting in Dallas with Ralph Janvey and Thompson

Knight regarding REDACTED ; drafted complaint, motion

for freeze and summary judgment and proposed orders.

07/23/09 J A Cialone, II 1.20 Prepared for and participated in extended meeting in Dallas

with TK and Receiver about REDACTED .

07/23/09 B A Day 5.70 Coordinated review of conflict-check reports for potential relief

defendants and reviewed same; reviewed and analyzed

documents and data to assist in the creation of draft schedules

to Karyl Van Tassel's declaration.

07/23/09 J S Fitzwater 1.00 Monitoring court filings and assisting attorney team to

coordinate reception of filings to appropriate members, and

updating hosted filings on the Extranet website.

07/23/09 M D Kusey 4.50 Logged in mail into correspondence and claims logs.

07/23/09 R C Lewis 1.60 Reviewed material in anticipation of drafting Response to

SCOA Motion for Hearing; drafted same.

07/23/09 K M Sadler 10.60 Reviewed numerous pleadings received ; consultations with

Receiver and TK; reviewed draft pleadings; reviewed pending









361

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 295 of 377

Page 294









Hours Description

motions and task list; conference with FTI regarding REDACTED ;

reviewed draft motion and issues regarding coin and bullion;

reviewed and revised REDACTED



; reviewed cases cited in motion to dismiss

(Singapore); reviewed REDACTED

07/23/09 K Scanlan 5.20 Continue REDACTED for Mr. Janvey; reformat

REDACTED for downloading

for Mr. Janvey; update deadlines chart; brief telephone

conference regarding REDACTED ; forward requested

materials to John Lawrence; office conference with Jonathan

Rubenstein regarding REDACTED ; continue work

on pending matters chart.

07/23/09 M C Wood 2.30 Reviewed conflicts reports on relief defendants in anticipation

of filing complaints; Revised motion for asset freeze against

relief defendants to add motion for summary judgment.

07/23/09 R H Wood 5.20 Researched case law regarding REDACTED









communicated with D. Arlington regarding REDACTED;

continued to review conflicts checks of proposed relief

defendants; communicated with B. Day regarding REDACTED

07/24/09 D T Arlington 10.80 Worked on amended complaint; coordinated regarding multiple

motion responses; worked on motion to establish summary

proceedings; worked on REDACTED ; conferences with

FTI regarding addressed account release issues;

REDACTED





communicated with team regarding REDACTED

07/24/09 S A D Ayers 13.70 Drafted and filed response to motion for Stanford to certify

annual returns for Antiguan corporations; drafted relief

defendant complaint, freeze motion and summary judgment

and proposed orders.

07/24/09 H M Chappel 1.50 Compiled case law cited in Receiver's Amended Complaint

Naming Relief Defendants and Receiver's Motion for Order

Freezing Assets Held in the Names of Certain Relief

Defendants and Brief in Support Thereof and for Summary

Judgment and Brief in Support Thereof in preparation for cite

check and filing with the court.

07/24/09 J A Cialone, II 1.00 Attention to court papers filed by Stanford opposing sale of

assets.

07/24/09 B A Day 3.20 Coordinated review of conflict-check reports for potential relief

defendants and reviewed same; reviewed and analyzed

documents and data to assist in the creation of draft schedules

to Karyl Van Tassel's declaration.

07/24/09 T S Durst .80 Review and respond to correspondence from team/client on







362

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 296 of 377

Page 295









Hours Description

REDACTED attention to matters regarding REDACTED

and communications with and directions to

team regarding REDACTED





07/24/09 J S Fitzwater 3.30 Monitoring court filings and assisting attorney team to

coordinate reception of filings to appropriate members;

updating hosted filings on the Extranet website; updating

tracking charts of filings entered by the Parties and intervenors;

assisting Russell Lewis to construct a profile of intervening

motions; and updating pleadings indices in the '298 Stanford

and related litigation matters.

07/24/09 L C Fluker .40 Conferred with Katherine Hinton and Ellen Reeder about cite

check of Motion for Order Freezing Assets; reviewing motion

briefly and sent email to Ellen Reeder dividing motion for

review by multiple paralegals.

07/24/09 M D Kusey 2.00 Logged in mail into correspondence and claims logs.

07/24/09 E D Reeder 1.80 Began verifying citations and quotations to legal authorities in

motion to freeze assets.

07/24/09 K M Sadler 11.20 Reviewed pleadings received; reviewed REDACTED

and conference with Ayers regarding

REDACTED conference with FTI regarding REDACTED

conferences with Arlington and others regarding on-going

work; reviewed and commented on complaint; and motions;

conference with Court staff regarding filing; reviewed task list

and pending motions for response; reviewed draft

REDACTED reviewed issues regarding

REDACTED ; correspondence with proposed class action

counsel regarding MDL motion; reviewed pleading regarding

Pershing

07/24/09 K Scanlan 3.50 Update deadlines charts; telephone conference regarding

REDACTED ; additional deadlines

chart updating per meeting; assist in finalizing letter response

to the court regarding response to Stanford motion; hand

deliver response to Judge Godbey.

07/24/09 R H Wood 1.10 Reviewed conflicts checks of proposed relief defendants;

communicated with B. Day regarding the same.

07/24/09 A F York 14.80 Worked directly with FTI in Houston to prepare, revise, and

finalize all schedules and supporting declaration for relief

defendant complaint.

07/25/09 C N Adams .40 Reviewing draft REDACTED

; preparing email

regarding REDACTED

07/25/09 D T Arlington 3.60 Worked on relief defendant complaint and related filings and









363

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 297 of 377

Page 296









Hours Description

motions; conferences with team regarding REDACTED





07/25/09 S A D Ayers 10.40 Edited Complaint, freeze motion and proposed orders

REDACTED responded to

correspondence; drafted letter to clerk for Northern District of

Texas regarding Amended complaint and issuing summonses.

07/25/09 J A Cialone, II 1.20 Reviewed and commented on draft court papers; considered

REDACTED



related calls and emails.

07/25/09 B A Day 3.90 Coordinated review of conflict-check reports for potential relief

defendants and reviewed same; reviewed and analyzed

documents and data to assist in the creation of draft schedules

to Karyl Van Tassel's declaration.

07/25/09 S A Massad .50 Reviewed and commented on draft clawback filings.

07/25/09 K M Sadler 7.60 Reviewed and revised complaint and motions; reviewed

information from FTI; reviewed declaration; conferences with

Ayers and Arlington regarding REDACTED

07/25/09 K Scanlan 3.50 Review all filed motions and disposition and add to chart; track

all motions with responses and replies and dates motions

became ripe for court review; update charts to include

numerous new motions.

07/25/09 M C Wood 8.30 Checked accuracy of citations in motion for disgorgement;

Searched for REDACTED



drafted cite for the motion for disgorgement.

07/25/09 R H Wood .90 Reviewed conflicts checks of proposed relief defendants;

communicated with B. Day regarding the same.

07/25/09 A F York 12.20 Worked directly with FTI to prepare, revise, and finalize all

schedules and supporting declaration for relief defendant

complaint.

07/26/09 D T Arlington 13.20 Worked on relief defendant complaint and related motions and

filings; reviewed FTI analysis and schedules; conferences with

team regarding REDACTED ; addressed account release

issues.

07/26/09 S A D Ayers .60 Attention to relief defendant complaint; filing 754 notices;

REDACTED



07/26/09 J A Cialone, II 1.30 Reviewed proposed revisions to draft court papers; calls and

emails throughout the day related to REDACTED

07/26/09 B A Day 15.00 Coordinated review of conflict-check reports for potential relief

defendants and reviewed same; reviewed and analyzed

documents and data to assist in the creation of draft schedules









364

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 298 of 377

Page 297









Hours Description

to Karyl Van Tassel's declaration.

07/26/09 L C Fluker 4.90 Checked cites in assigned section of Motion for Order Freezing

Assets for accuracy and form; conferred with Katherine Hinton

about status of checks; downloaded case law newly added to

motion onto firm's shared drive for future reference; revised

cites in assigned section of motion as necessary; conferred with

Katherine Hinton regarding additional revisions to motion;

checked motion to confirm accuracy of long and short citation,

and made necessary revisions to motion; conferred with Ellen

Reeder and Katherine Hinton about additional revisions to be

completed; provided David Arlington with revision notes.

07/26/09 J B Lawrence 3.50 Analyze SEC motion to modify receivership order, Examiner's

response in support of SEC motion, investors' motion to stay

proceedings, and Singapore/Milan motion to dismiss; research

REDACTED



07/26/09 S A Massad .50 Various e-mail correspondence regarding REDACTED









07/26/09 E D Reeder 3.80 Verified legal citations and quotations in motion for order to

freeze assets; located and pulled additional authorities; reported

to David Arlington.

07/26/09 K M Sadler 9.30 Reviewed and revised complaint, and motions;

communications with client; conferences with Arlington

regarding REDACTED ;

reviewed cases cited in motions; reviewed issues regarding

REDACTED



correspondence to Tillotson regarding issues raised in motion

07/26/09 M C Wood 2.50 Reviewed conflicts reports.

07/26/09 A F York 13.60 Worked directly with FTI to prepare, revise, and finalize all

schedules and supporting declaration for relief defendant

complaint; coordinated same with FITS and Baker Botts team.

07/27/09 D T Arlington 14.70 Worked on relief defendant complaint and related motions and

filings; reviewed FTI analysis and schedules; conferences with

team regarding REDACTED addressed account release

issues; coordinated regarding research issues.

07/27/09 J A Cialone, II .40 Calls and emails related to REDACTED





07/27/09 B A Day 13.00 Coordinated review of conflict-check reports for potential relief

defendants and reviewed same; reviewed and analyzed

documents and data to assist in the creation of draft schedules

to Karyl Van Tassel's declaration; revised Amended

Complaint; coordinated service of filings.









365

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 299 of 377

Page 298









Hours Description

07/27/09 J S Fitzwater 5.30 Monitoring court filings and assisting attorney team to

coordinate reception of filings to appropriate members;

updating the tracking charts of filings entered by the Parties,

intervenors and the intervenors' attorney appearances; updating

pleadings pads for the '298 (Stanford v. SEC) matter; updating

the Extranet website, as well as hosted filings regarding

searchable text; updating the Appearances from Attorneys for

the Intervenors notebook; and assembling pleadings pads for

related state and federal litigation.

07/27/09 J R Knight .90 Reviewed and suggested revisions to motion to continue freeze

and to adopt summary procedures.

07/27/09 J B Lawrence 8.40 Research, outline, and draft REDACTED









07/27/09 S A Massad 1.50 Reviewed and commented on clawback filings.

07/27/09 E D Reeder 2.70 Finalized assigned portion of legal cite-checking in motion to

freeze assets.

07/27/09 D S Rohleder 1.30 Updated the Shared Drive for all relevant filings related to the

Stanford Matter; Organized and Saved Select documents

relating to State Cases to the Austin Shared Drive for K

Hinton;

07/27/09 K M Sadler 11.40 Reviewed and revised complaint and motions; conference with

Arlington regarding REDACTED ; conference with Court staff

regarding scheduling; reviewed account release/review

information regarding motion; conferences with opposing

counsel regarding motions; reviewed issues regarding Coin &

Bullion motion; conferences with Examiner and counsel for

SEC regarding motions; reviewed FTI data regarding KVT

declaration; reviewed issues regarding responses to SEC and

Examiner motions; reviewed petition regarding Florida case

against Pershing and conference with counsel for plaintiff

07/27/09 K Scanlan 4.50 Review comments to new charts; update pending motions

chart; update 724 pending matters chart; brief memo regarding

REDACTED work on REDACTED



07/27/09 M C Wood 3.10 Reviewed conflict-check reports; Ensured that a report had

been run for every potential relief defendant; Researched

REDACTED

Drafted email memo REDACTED









07/27/09 R H Wood 4.10 Reviewed motions and memo regarding REDACTED

researched case law on

REDACTED









366

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 300 of 377

Page 299









Hours Description







07/27/09 A F York 17.50 Worked directly with FTI to prepare, revise, and finalize all

schedules and supporting declaration for relief defendant

complaint; coordinated same with FITS and Baker Botts team.

07/28/09 D T Arlington 8.80 Worked on relief defendant complaint and related motions and

filings; reviewed FTI analysis and schedules; conferences with

team regarding REDACTED coordinated regarding

filing and service; addressed coin motion issues; addressed

various motion response issues.

07/28/09 J A Cialone, II 1.00 Calls and emails about REDACTED



reviewed clawback documents; reviewed related draft court

papers; reviewed relevant legal authorities.

07/28/09 B A Day 10.00 Reviewed and analyzed documents and data to assist in the

finalization of draft schedules to Karyl Van Tassel's

declaration; revised Amended Complaint; coordinated filings

and service of filings.

07/28/09 T S Durst 1.50 Review of status on REDACTED

communications with team regarding REDACTED



review and revise drafts regarding REDACTED attention to issues

regarding REDACTED

07/28/09 J S Fitzwater 5.50 Monitoring court filings and assisting attorney team to

coordinate reception of filings to appropriate members;

updating support files for the litigation team; continuing to

assemble pleadings pads for related litigation; updating the

tracking charts of filings entered by the Parties and intervenors;

updating pleadings indices for the '298 (Stanford v. SEC)

matter; updating the pleadings pad in the '1329 (Janvey v.

Letsos) matter; updating the Extranet website; updating hard

and electronic correspondence.

07/28/09 J B Lawrence 5.70 Draft and revise REDACTED





07/28/09 R C Lewis 1.00 Revised REDACTED prepared

REDACTED





07/28/09 S A Massad .70 Reviewed and commented on draft clawback filings.

07/28/09 T M Moratto Jr. .50 Per B. Day, prepared spreadsheet concerning Financial Advisor

sums.

07/28/09 T M Moratto Jr. 1.00 Per K. Hinton, prepared appendix to Receiver's Motion for

Order to Freeze filing.

07/28/09 E D Reeder .30 Assisted Andrew York with formatting of pleadings.









367

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 301 of 377

Page 300









Hours Description

07/28/09 D S Rohleder 5.50 Compared a select list of possible Stanford defendants against

separate lists labeled KVT-4, KVT-5, and KVT-6 for K

Hinton;

07/28/09 K M Sadler 10.80 Reviewed and revised response to SEC Motion and related

Motions; reviewed motions and amended complaint to finalize

for filing; reviewed issues regarding FTI data supporting

complaint; reviewed issues regarding REDACTED



reviewed issues regarding coins &

bullion motion; reviewed correspondence from counsel for

investor RD; reviewed motion for consolidation; reviewed

issue regarding REDACTED ; reviewed information from

FTI related to REDACTED ; reviewed draft response

to motion for hearing; reviewed results of research regarding

REDACTED





07/28/09 K Scanlan 7.50 Review e-mails from Kevin Sadler and David Arlington

concerning REDACTED ; update

charts; prepare short special chart for immediate deadlines;

forward to Austin; review request for materials fro David

Arlington and locate and forward requested materials; draft

REDACTED



; update pending motions chart; forward chart to

Austin for additional review and revisions; office conference

with Tim Durst regarding REDACTED



prepare notebook for Judge Godbey for amended petition in

clawback litigation and additional new pleadings; add Letsos

materials to notebooks; revise REDACTED per David

Arlington's direction; finalize and format for filing; finalize

notebooks for Judge Godbey and hand deliver to chambers; file

motion for extension

07/28/09 M C Wood 1.20 Emails with Kevin Sadler and David Arlington about

REDACTED email memo to same

REDACTED





07/28/09 A F York 3.00 Reviewed and edited joint motion with examiner regarding

SCB; conferred with counsel regarding same; prepared order

adopting same.

07/29/09 D T Arlington 6.70 Addressed issues relating to relief defendant claim filings;

addressed service issues; worked on coin motion and proposed

order; communicated with Examiner regarding same;

addressed Latin American account issues; reviewed response to

SEC motion; addressed web site posting; addressed further

analysis to be performed by FTI; prepared for upcoming

hearing.









368

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 302 of 377

Page 301









Hours Description

07/29/09 J A Cialone, II 2.00 Meetings, calls and emails throughout the afternoon and

evening about the Friday hearing and the preparations

therefore.

07/29/09 J A Cialone, II .50 Worked on brief in response to SEC motion to amend order;

calls and emails throughout the day about REDACTED ;

reviewed drafts of court papers.

07/29/09 B A Day 2.00 Requested issuance of summons from Cathy Woods at the

Northern District of Texas; coordinated service of filings and

summonses.

07/29/09 T S Durst 2.30 Review and revise REDACTED



attention to issues regarding Friday hearing;

communications with and directions to team regarding

REDACTED





07/29/09 J S Fitzwater 5.00 Monitoring court filings and assisting attorney team to

coordinate reception of filings to appropriate members;

updating pleadings indices for the '298 (Stanford v. SEC)

matter; updating the pleadings pad in the '724 (Janvey v.

Alguire) matter; updating the Extranet website, as well as

hosted filings regarding searchable text; updating the tracking

charts of filings entered by the Parties and intervenors;

updating support files for the litigation team and organizing

case material for attorney review; and updating hard and

electronic correspondence, as well as (non-pleading)

intercorrelating discovery.

07/29/09 J B Lawrence 6.20 Continue researching, editing, and revising REDACTED









07/29/09 S A Massad 1.90 Reviewed and commented on reply brief to SEC; reviewed

clawback filings; numerous telephone conferences and e-mail

correspondence regarding REDACTED

07/29/09 D S Rohleder 4.60 Creating Hearing binder; Created Case Law Binder; Obtained

attorney information for various parties from their respective

Summons.

07/29/09 K M Sadler 11.60 Consultations with Receiver; conferences with Court staff

regarding filings and hearing; emails to/from Cialone regarding

REDACTED reviewed

information from FTI; reviewed draft response to SEC Motion;

reviewed responses to Receiver Motions; reviewed legal

research regarding REDACTED reviewed issues regarding

REDACTED

conference with Cooper REDACTED

; reviewed issues regarding Coin & Bullion Motion;

reviewed memo regarding REDACTED ; reviewed Motion

regarding FA account freeze; reviewed task list and motions









369

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 303 of 377

Page 302









Hours Description

responses due; reviewed pleadings and analysis regarding

REDACTED





07/29/09 K Scanlan 6.80 Travel to Courthouse for hand deliver of notebook of new

filings; copy authorities cited by SEC as directed and prepare

notebook of same with clean copies; prepare notebook of

materials relating to relief defendants for Tim Durst; update

deadlines and pending motions charts and forward; assist in

REDACTED ; brief office

conference with John Lawrence regarding REDACTED ;

prepare final draft and format for filing; file and serve with

court; update notebooks per Tim Durst request; assist in

compiling statistics regarding cases and motions and responses.

07/29/09 M C Wood 2.00 Gathered cases for Kevin Sadler's review; Drafted email memo

to Kevin Sadler explaining REDACTED









07/29/09 A F York 5.30 Revised and finalized SCB motion; prepared same for filing;

prepared REDACTED



; reviewed summons procedure; gathered cases for hearing

notebook; reviewed REDACTED



; responded

REDACTED ; reviewed account holder records for

REDACTED



REDACTED .

07/30/09 D T Arlington 11.60 Addressed issues relating to relief defendant claim filings;

addressed service issues; addressed further analysis to be

performed by FTI; reviewed research; prepared for upcoming

hearing; conferences with creditor counsel regarding property

sale motion; prepared research outline.

07/30/09 J A Cialone, II 1.50 Calls, meetings and emails related to REDACTED







07/30/09 B A Day 6.00 Coordinated service of filings and summonses; reviewed

account holders' accounts for partial, full, or de minimis

releases; reviewed and analyzed documents relating to such

releases and conferred with financial team regarding same;

prepared for hearing before Judge Godbey regarding motions

to freeze, disgorge, and for summary proceedings.

07/30/09 J S Fitzwater 4.80 Assembling pleadings pads for related state litigation and

organizing case material for attorney review; monitoring court

filings and assisting attorney team to coordinate reception of

filings to appropriate members; updating the Extranet website,

as well as hosted filings regarding searchable text; updating

pleadings indices for the '298 (Stanford v. SEC) matter;

updating the pleadings pad in the '724 (Janvey v. Alguire)

matter; and updating the tracking charts of filings entered by

the Parties.







370

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 304 of 377

Page 303









Hours Description

07/30/09 J R Knight .40 Consulted with Kevin Sadler regarding REDACTED









07/30/09 J B Lawrence 4.10 Edit and revise REDACTED

analyze issues REDACTED



07/30/09 S A Massad 1.00 Various telephone conferences and e-mail correspondence

regarding REDACTED

07/30/09 D S Rohleder 5.50 Created new spreadsheet consolidating address information

from KVT-6 and Summons Names and Addresses Spreadsheet

for K Hinton; Updated Hearing Notebooks belonging to K

Sadler, D Arlington, and K Hinton;

07/30/09 K M Sadler 11.60 Continued preparation for hearing; reviewed and revised

REDACTED reviewed oppositions to motions filed;

reviewed information from FTI regarding funds flow; reviewed

issues regarding Hunton appeal; reviewed and finalized

response to SEC motion; reviewed MDL filing; emails to

Cooper regarding consultations with Receiver; reviewed

REDACTED





cases regarding freeze and attachment; reviewed data from FTI

regarding history of CD proceeds payments; reviewed issues

regarding REDACTED

07/30/09 K Scanlan 6.50 Review requests for materials to be compiled for hearing; begin

preparation of notebooks for Tim Durst; review additional

requests from David Arlington and prepare materials;

coordinate all services needed for pre-hearing meetings; pull

cases and other materials as requested; telephone conference

with courthouse staff concerning logistics of post 5 PM

hearing; update files and review Letsos materials; create new

section on extranet for Letsos matters and assist in uploading

all new matters; review extranet to determine if any non-SEC

cases need updating and add any missing documents; create

new notebook for Tim Durst regarding Letsos and other relief

defendants; update Tim Durst calendar; assist in distributing

materials to litigation team.

07/30/09 M C Wood 4.20 Drafted email memo to Kevin Sadler and David Arlington

explaining REDACTED



Forwarded cases to KS and DA regarding REDACTED

Assembled cases REDACTED

Assembled cases REDACTED



07/30/09 A F York 10.30 Reviewed with FTI issue REDACTED







office meetings with Sadler regarding REDACTED emails with FITS

and Stanford Eagle regarding REDACTED







371

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 305 of 377

Page 304









Hours Description

responses to REDACTED reviewed and summarized REDACTED



outlined REDACTED ; prepared

REDACTED reviewed

REDACTED ; meeting regarding REDACTED calls with K.

Schlanger and D. Arlington regarding REDACTED





07/31/09 D T Arlington 15.20 Prepared for and participated in hearing.

07/31/09 J A Cialone, II 1.80 Attended meetings related to REDACTED





07/31/09 B A Day 4.00 Coordinated service of filings and summonses; reviewed

account holders' accounts for partial, full, or de minimis

releases; reviewed and analyzed documents relating to such

releases and conferred with financial team regarding same;

prepared for hearing before Judge Godbey regarding motions

to freeze, disgorge, and for summary proceedings; drafted

order granting in part and denying in part Receiver's motion to

freeze; drafted order denying the SEC's emergency motion to

modifying receivership order.

07/31/09 T S Durst 6.40 Analysis of clawback issues; preparation for hearing and

conference with Mr. Janvey and others; hearing and follow-up

on same regarding appeal.

07/31/09 J S Fitzwater 4.50 Monitoring court filings and assisting attorney team to

coordinate reception of filings to appropriate members;

updating the Extranet website; continuing to assemble

pleadings pads for related state and federal litigation, including

updating pleadings pads in the '298 (Stanford v. SEC) matter,

'1329 (Janvey v. Letsos) matter, and the '724 (Janvey v.

Alguire) matter; and updating the tracking charts of filings

entered by the Parties, intervenors and the intervenors' attorney

appearances.

07/31/09 J R Knight .30 Consulted with Kevin Sadler regarding REDACTED









07/31/09 J B Lawrence 2.50 Research related to REDACTED





07/31/09 S A Massad 1.00 Various telephone conferences and e-mail correspondence

related to REDACTED

07/31/09 K M Sadler 12.30 Continued preparation for motions hearing; reviewed cases and

pleadings; reviewed response to motions; consultations with

Receiver; conferences with Arlington; reviewed information

from FTI; attendance in court for hearing; reviewed notes

regarding preparation of Order

07/31/09 K Scanlan 11.50 Assist in hearing preparation; prepare notebooks for David

Arlington and Kevin Sadler; update authorities notebooks;









372

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 306 of 377

Page 305









Hours Description

continue to revise notebooks with new cases and other

materials; create orders notebook for Mr. Arlington; complete

hearing notebook for Tim Durst with all motions pending in

three cause numbers and all matters likely to be raised and

related materials and background information on non-SEC case

motions; generally assist in hearing preparation; transport all

counsel and Mr. Janvey to Courthouse and return trip to office;

handle all post hearing needs; copy materials as requested;

deliver all attorneys to Love Field for return to various offices;

assist with coordination of court reporter needs to assure fast

delivery of transcript.

07/31/09 A F York 4.00 Briefed Sadler REDACTED ; reviewed REDACTED

and reported to Sadler; prepared motions for extension of

deadlines in real estate sale matter; conferred with counsel

regarding same; reviewed REDACTED and reported to

Sadler; preparation REDACTED .

08/01/09 D T Arlington 2.70 Prepared and circulated proposed orders regarding motion to

freeze and SEC motion; revised web site statements; reviewed

FTI analysis; addressed relief defendant service issues.

08/01/09 J A Cialone, II 1.20 Emails about court order; emails about appeal issues.

08/01/09 J R Knight 1.10 Consulted with Kevin Sadler regarding REDACTED



; reviewed and provided suggestions on draft

order.

08/01/09 K Scanlan 1.50 Brief telephone conference regarding transcript from hearing;

format and forward REDACTED to specific team members; update

chart.

08/01/09 A F York 5.60 Reviewed and summarized REDACTED



; prepared for REDACTED









08/02/09 D T Arlington 3.00 Continued working on and coordinating regarding draft orders;

addressed account release and draw down issues;

communicated with relief defendant counsel.

08/02/09 J A Cialone, II .70 Reviewed transcript of Friday hearing; other emails to and

from team about REDACTED .

08/02/09 T S Durst 1.80 Work on draft orders from hearing; attention to appeal matters;

review and comment on REDACTED



08/02/09 J R Knight 1.30 Assisted in drafting orders from July 31 hearing and analyzed

REDACTED





08/02/09 J B Lawrence 5.50 Research and draft REDACTED









373

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 307 of 377

Page 306









Hours Description





08/02/09 K M Sadler 8.50 Continued work on form of orders; correspondence with

Examiner and opposing counsel regarding

objections/negotiations over forms of orders; conferences with

Arlington and Knight regarding REDACTED





; reviewed issues regarding REDACTED

;

reviewed issues regarding REDACTED ; reviewed draft motion

regarding receivership Order; reviewed case law regarding

freeze orders; reviewed analysis from FTI regarding REDACTED









08/02/09 A F York 3.70 Revised proposed orders per Sadler and counsel's comments;

reviewed counsel's comments to same; prepared REDACTED



08/03/09 D T Arlington 9.00 Worked on draft orders; conferred with opposing counsel

regarding same; communicated with court regarding same;

addressed account release issues; communicated with counsel

for investors; telephone conference with Victor Kurylak.

08/03/09 S A D Ayers 1.50 Drafted and mailed notices to law firms and California Labor

Commission regarding receivership and injunction; received

pleadings in new suits against Pershing; received case files

from Hunton & Williams on CD; reviewed response filed by

Randi Stanford.

08/03/09 J A Cialone, II 1.20 Reviewed materials forwarded by Kevin Sadler related to

REDACTED





08/03/09 B A Day 8.10 Reviewed account holders' accounts for partial, full, or de

minimis releases; reviewed and analyzed documents relating to

such releases and conferred with financial team regarding

same; further revised order granting in part and denying in part

Receiver's motion to freeze; researched REDACTED



08/03/09 T S Durst 1.30 Work on proposed order and other upcoming filings;

communications with opposing counsel and team regarding

same; analysis of REDACTED

08/03/09 J S Fitzwater 4.80 Updating the Extranet website; monitoring court filings and

assisting attorney team to coordinate reception of filings to

appropriate members; assisting Mary Scott regarding

REDACTED



updating pleadings pads in the '724 (Janvey v.

Alguire), '1329 (Janvey v. Letsos) and '298 (Stanford v. SEC)

matters; updating Appearances from Attorneys for the

Intervenors notebook; updating the tracking charts of filings

entered by the Parties and intervenors; and updating hard and

electronic correspondence.









374

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 308 of 377

Page 307









Hours Description

08/03/09 K W Hinton 3.30 Reviewed documents regarding wage claim and drafted notice

letters regarding same; coordinated and assisted with service of

same; researched address for James Fontenot for service of

amended complaint; exchanged emails with B. Day regarding

REDACTED





08/03/09 J R Knight 1.10 Discussions with counsel for the SEC and for the Hunton

parties regarding status of Fifth Circuit appeal; drafted,

finalized and filed joint motion to dismiss; telephone

consultation with court clerk regarding same.

08/03/09 J R Knight 3.40 Analyzed hearing transcript; assisted with draft orders; began

working on motion for stay.

08/03/09 J B Lawrence 6.60 Research and draft brief regarding REDACTED







08/03/09 S A Massad 1.00 Reviewed transcript of hearing; various e-mail correspondence.

08/03/09 K M Sadler 10.70 Reviewed and revised proposed Orders; correspondence with

opposing counsel and examiner regarding objections to Orders;

conference with FTI regarding REDACTED ; reviewed

transcript of hearing; reviewed issues regarding status of

claims; reviewed issues regarding Hunton/Letsos appeal;

reviewed draft Motion to Dismiss; reviewed pleadings and

objections received; conferences with Arlington regarding

REDACTED reviewed report

on REDACTED correspondence with SEC

regarding form of Order; reviewed REDACTED



conference with Durst and Arlington regarding REDACTED









08/03/09 K Scanlan 1.50 Pull motions as requested for working on response brief and

prepare notebook; update chart with latest filings; office

conference regarding REDACTED



08/03/09 M C Wood 1.60 Assembled cases for Kevin Sadler regarding REDACTED



Researched REDACTED

08/03/09 A F York 6.70 Finalized REDACTED

; calls with FITS regarding

REDACTED

responded to account holder inquiries; reviewed and

analyzed REDACTED

; reviewed REDACTED



08/04/09 D T Arlington 8.20 Worked on reply to objections to proposed orders;

communicated with relief defendants; addressed account

release issues; communicated with account holder counsel

regarding account release and related issues; reviewed

settlement offer regarding letter of credit; addressed relief







375

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 309 of 377

Page 308









Hours Description

defendant inquiries; coordinated regarding and worked on

discovery responses to Gagosian Gallery; reviewed additional

objections to orders; coordinated regarding REDACTED



reviewed report regarding

REDACTED





08/04/09 S A D Ayers .60 Responded to requests for REDACTED from Mary Scott to

REDACTED





08/04/09 B A Day 7.40 Reviewed account holders' accounts for partial, full, or de

minimis releases; reviewed and analyzed documents relating to

such releases and conferred with financial team regarding

same; researched REDACTED



researched answers to Examiner's

questions regarding specific account holders.

08/04/09 T S Durst 1.60 Analysis of insurance issues; meet with opposing counsel

regarding same; review of issues regarding proposed order

from hearing and objections to same.

08/04/09 J S Fitzwater 2.90 Continuing to update hard and electronic correspondence;

updating pleadings pads in the '298 (Stanford v. SEC) matter,

as well as the Extranet website; monitoring court filings and

assisting attorney team to coordinate reception of filings to

appropriate members; assisting Stephen Massad regarding

REDACTED ; and updating the

tracking charts of filings entered by the Parties and intervenors.

08/04/09 K W Hinton 4.90 Calculated deadlines and researched questions regarding Pacer

docket; reviewed case status information and updated post-

receiver deadlines chart; researched REDACTED



and drafted email and attached documents to

M. Scott regarding researched orders and exchanged

REDACTED







emails with B. Stutts regarding REDACTED

08/04/09 J R Knight 4.80 Analyzed transcript and competing versions of the order;

worked on motion for stay in the court of appeals.

08/04/09 K M Sadler 11.20 Reviewed issues and correspondence regarding Objections to

forms of Order regarding hearing; correspondence and

communications with opposing counsel; reviewed data analysis

from FTI; reviewed issues regarding investor account inquiries;

reviewed issues regarding Whit Wilks account status; reviewed

pleadings regarding REDACTED ; reviewed issues regarding

REDACTED ; conference with B. Day

regarding REDACTED



; reviewed Objections filed to Order submission;

correspondence with Examiner regarding various issues;

conference with Cooper regarding REDACTED ; reviewed

motion regarding REDACTED







376

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 310 of 377

Page 309









Hours Description

REDACTED ; reviewed legal research regarding

REDACTED .

08/04/09 K Scanlan 2.80 Update the pending matters chart and update the dates and time

particular matters have been ripe for ruling; update additional

charts; review intervenor pleadings to identify open

interventions by type of claim made.

08/04/09 A F York 4.50 Responded to examiner and account holder inquiries; calls with

FITS regarding ; reviewed REDACTED

REDACTED









; circulated memo regarding ; reviewed

REDACTED







REDACTED ; circulated memo

regarding .

REDACTED









08/05/09 D T Arlington 2.40 Addressed motion response deadlines; coordinated with team

regarding account release and draw down issues; reviewed

orders from court; addressed issues relating to Gagosian

Gallery's discovery requests to Receiver; telephone conference

with FTI regarding analysis issues.

08/05/09 S A D Ayers .50 Conferred on broker's motion to join Holts regarding D&O

policies; responded to questions from Baker Botts lawyers

regarding service of process on brokers, scope of the order

appointing receiver and response filed by Randi Stanford.

08/05/09 J A Cialone, II .60 Attention to court papers.

08/05/09 B A Day 7.00 Reviewed account holders' accounts for REDACTED

and analyzed documents

REDACTED and conferred with financial team regarding

same; researched the requirements for Receiver's claims

REDACTED





08/05/09 J S Fitzwater 4.10 Monitoring court filings and assisting attorney team to

coordinate reception of filings to appropriate members;

updating the tracking charts of filings entered by the Parties

and intervenors; office conference with Kevin Scanlan

regarding updating the Deadlines to Motions chart; updating

pleadings pads REDACTED

; updating the Extranet website, as

well as hosted filings regarding searchable text; organizing

case material for attorney review; and updating the Deadlines

to Motions chart.

08/05/09 J R Knight 3.90 Analyzed written order; worked on motion for stay; circulated

first draft.

08/05/09 J B Lawrence 1.50 Review impact of court order on pending motion responses;

begin formulating response to financial advisors' motion to

modify receivership order; draft response to DOJ motion to

intervene and stay discovery; begin outlining response to







377

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 311 of 377

Page 310









Hours Description

motion to compel arbitration.

08/05/09 R C Lewis .10 Phone call with Sam Cooper regarding upcoming motions.

08/05/09 K M Sadler 10.50 Reviewed and revised motion to stay; reviewed notice of

appeal; reviewed draft responses to motions; reviewed

pleadings received; reviewed motion to compel arbitration and

issues for response; conference with Cooper regarding pending

motions; consultations with Receiver; reviewed pending

motions list and task assignments; reviewed status of work by

FTI; reviewed draft motion for contempt; reviewed Orders

received; reviewed various investor account issues in response

to Examiner inquiries; reviewed issues REDACTED



08/05/09 M C Wood 1.50 Researched the Fifth Circuit's standard REDACTED

; Drafted memo to Joe Knight explaining same.

08/05/09 A F York 3.20 Responded to account holder inquiries and examiner inquiries

regarding timing of SIB withdrawals and available SIB data;

discussed release and drawdown protocol with FITS.

08/06/09 D T Arlington 11.70 Reviewed court orders; coordinated regarding motion response

deadlines; reviewed research relating to pro rata distributions;

addressed account release issues; communicated with account

holder counsel regarding same; reviewed further analysis from

FTI; worked on motion to extend injunction; addressed

inquiries from relief defendants; addressed issues relating to

appeal; communicated with Pershing regarding account issues.

08/06/09 S A D Ayers 4.90 Drafted two filing letters, edited motion to extend injunction,

and prepared appendices for appeals to Fifth Circuit; telephone

conference with Fifth Circuit; filed and served appendices for

appeals; conferred with Andrew York on arguments for reply

to Randi Stanford on contempt motion; selected documents for

Bill Stutts for delivery to foreign counsel and to John Lawrence

for reply to motion to compel arbitration.

08/06/09 J A Cialone, II 1.20 Reviewed appeal papers; attention to other court papers.

REDACTED

08/06/09 B A Day 11.70 Reviewed account holders' accounts for

; reviewed and analyzed documents relating to

REDACTED and conferred with financial team regarding

same; researched the requirements REDACTED

; discussed with financial team the

breakout of principal versus interest, as well as reinvested

proceeds.

08/06/09 T S Durst 1.90 Attention to issues regarding stay of relief defendants answer

obligations and communications with opposing counsel

regarding same; review and comment on draft appeal papers







378

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 312 of 377

Page 311









Hours Description

REDACTED .

08/06/09 J S Fitzwater 3.60 Continuing to organize case material for attorney review;

updating the Extranet website, as well as hosted filings

regarding searchable text; updating (non-pleading)

intercorrelating discovery; updating pleadings indices in the

'298 (Stanford v. SEC) matter; assisting Tim Durst to research

appearances made by relief defendants; monitoring court

filings and assisting attorney team to coordinate reception of

filings to appropriate members; and updating the tracking

charts of filings entered by the parties and intervenors.

08/06/09 J R Knight .40 Prepared and arranged for filing of notices of appeal in both

relief defendant cases.

08/06/09 J R Knight 5.50 Revised and completed draft motion for stay; reviewed and

inserted record cites; circulated draft and incorporated

comments from others.

08/06/09 J B Lawrence 9.60 Research, draft, and revise response to REDACTED motion to compel

arbitration.

08/06/09 K M Sadler 11.80 Reviewed and revised motions to extend injunction; reviewed

cases; conferences with Knight and Arlington regarding

motions; reviewed pleadings received; reviewed issues

regarding broker claims; reviewed FT analysis; conferences

with opposing counsel regarding RD claims; reviewed inquiry

from investor group; reviewed pending motions list; reviewed

information regarding investor claims regarding KVT-4.

08/06/09 M C Wood 1.00 Revised draft of motion to stay in light of Joe Knight's

comments.

08/06/09 A F York 5.50 Responded to account holder/examiner inquiries; prepared

Barnes Group demand REDACTED

and responded to Randi Stanford contempt briefing.

08/07/09 D T Arlington 2.80 Worked on motion to extend injunction and related appellate

issues; addressed various motion responses; coordinated with

FTI regarding status of analysis; addressed account release

issues; reviewed status of Cisco dispute; coordinated regarding

service on relief defendants; addressed Dillon Gage discovery;

communicated with counsel for relief defendants.

08/07/09 S A D Ayers 5.90 Edited motions and certificates of interested persons,

supervised cite check, finalized Tables; filed and served same

in Fifth Circuit on appeal; drafted email to Randi Stanford's

attorney REDACTED

.

08/07/09 H M Chappel .80 Compiled cases cited in Motion to Extend Injunction Pending









379

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 313 of 377

Page 312









Hours Description

Appeal in preparation for cite check and filing with the court.

08/07/09 B A Day 8.00 Researched the requirements for Receiver's claims REDACTED

; discussed with financial team the calculation

of principal and interest for the purpose of clawbacks.

08/07/09 T S Durst .50 Work on insurance matters, including review of intervention

papers; communications with opposing counsel regarding relief

defendant proceedings.

08/07/09 J S Fitzwater 5.20 Monitoring court filings and assisting attorney team to

coordinate reception of filings to appropriate members;

updating pleadings pads in the '724 (Janvey v. Alguire), '1329

(Janvey v. Letsos) and '298 (Stanford v. SEC) matters;

updating the Extranet website, as well as hosted filings

regarding searchable text; updating the tracking charts of

filings entered by the parties and intervenors; updating support

files for the litigation team and continuing to assist Tim Durst

in researching appearances made by relief defendants; updating

hard and electronic correspondence.

08/07/09 L C Fluker 3.60 Conferred with Katherine Hinton regarding appeal motions to

be cite checked; compared Motions to Extend Injunction

Pending Appeal from both District Court cases to confirm that

all legal citations are identical; worked with Katherine Hinton

and Hillari Chappell to download all case law from motions not

previously downloaded during cite check of earlier motions

onto firm's shared drive; checked cites, made necessary

revisions to two motions and saved revisions as new versions;

conferred with Sue Ayers regarding extent of checks; conferred

with Kevin Sadler regarding expected completion time of

checks; confirmed that motions were timely filed.

08/07/09 J R Knight 1.20 Final review and revisions to motion for stay and assistance in

finalizing.

08/07/09 M D Kusey 2.00 Prepared and sent Stanford related correspondence to Richard

Roper; logged in same and additional correspondence in claims

and correspondence logs.

08/07/09 J B Lawrence 5.20 Edit and revise response to Sasser motion to compel

arbitration; draft and revise response to R.A. Stanford motion

for oral hearing and request for sequence of consideration of

related motions.

08/07/09 K M Sadler 9.60 Reviewed and revised motions for relief in 5th circuit;

conferences with Ayers and Arlington regarding same;

reviewed pleadings received; reviewed draft response to RAS

motion; reviewed FTI analysis issues; reviewed investor related

correspondence; reviewed cases for cites in motions.









380

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 314 of 377

Page 313









Hours Description

08/07/09 M C Wood .70 Conference with Brendan Day regarding conflict reports;

Reviewed and signed off on final batch of conflicts reports.

08/07/09 A F York 4.20 Researched and drafted reply in support of Randi Stanford

contempt motion; responded to account holder and Stanford

Eagle/FITS inquiries.

08/08/09 D T Arlington 2.20 Conference call with FTI regarding analysis; coordinated

regarding same; addressed coin motion issues; addressed relief

defendant service issues.

08/08/09 B A Day 1.00 Discussed with financial team the REDACTED



.

08/09/09 D T Arlington .20 Further reviewed FTI analysis.

08/09/09 B A Day 1.60 Reviewed financial advisors' motion for release of accounts

and brief in support of same; researched the requirements for

Receiver's claims REDACTED ; discussed with

financial team the calculation of principal and interest

REDACTED .

08/10/09 D T Arlington 4.90 Addressed coin motion issues; coordinated regarding Dillon

Gage discovery; addressed account release issues; reviewed

response to motion to extend injunction; reviewed other filings;

addressed motion deadlines; coordinated with FTI regarding

status of analysis.

08/10/09 S A D Ayers .80 Assisted Brendan Day with research on claims against brokers

by REDACTED ; corresponded

with Kevin Sadler and Sam Cooper regarding new lawsuit filed

in Florida against Pershing.

08/10/09 S M Benhoff 3.00 Discussion

REDACTED









. Debrief K. Van Tine regarding calls.

Summarize situation in e-mail and send to Van Tine.

Additional calls REDACTED

.

08/10/09 J A Cialone, II .80 Reviewed court papers.

08/10/09 B A Day 10.50 Reviewed financial advisors' motion for release of accounts

and brief in support; conducted research for response to same;

researched the requirements for Receiver's claims REDACTED

; researched Receiver's standing to

REDACTED

.

08/10/09 T S Durst .30 Follow-up on issues regarding pending response items and

schedule; communications with team and client regarding









381

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 315 of 377

Page 314









Hours Description

pending matters.

08/10/09 J S Fitzwater 5.20 Monitoring court filings and assisting attorney team to

coordinate reception of filings to appropriate members;

organizing material for attorney review; updating the Extranet

website; updating pleadings indices for the '298 Stanford

matter and related litigation; updating Appearances from

Attorneys for the Intervenors notebook; updating the tracking

charts of filings entered by the parties and intervenors.

08/10/09 J R Knight 1.30 Began analyzing responses to the motion to extend injunction

and consulted with Kevin Sadler regarding strategy.

08/10/09 M D Kusey 1.00 Assisted Kasey Gascamp with cite checking brief.

08/10/09 K M Sadler 9.80 Reviewed issues regarding Florida class action and MDL;

reviewed oppositions regarding motion to freeze; reviewed

issues REDACTED ; reviewed

legal research regarding broker claims; reviewed issues

regarding motions to release coins/bullion by Quilling clients;

reviewed and revised response to RAS motion regarding

hearing; reviewed issues regarding proposed motion to transfer

bulk accounts; reviewed appeal issues; reviewed information

from FTI; reviewed issues regarding FA claims.

08/10/09 K Scanlan 1.20 Office conference with Tim Durst regarding outstanding

motions; update trial deadlines chart for SEC main case; update

notebooks per Tim Durst direction.

08/10/09 K K Van Tine 1.00 Call from S. McColley to discuss Dodd letter re hearing in

Baton Rouge; reviewing emails re hearing; outlining response

08/10/09 V R Walker .70 Assembled and organized court papers and correspondence.

08/10/09 M C Wood .60 Conference with Brendan Day REDACTED

; Emailed Joe Knight explaining

REDACTED .

08/10/09 R H Wood .40 Corresponded with B. Day regarding previous research

REDACTED ; e-mailed B.

Day regarding research on this subject.

08/10/09 A F York 6.00 Outlined reply in support of Randy Stanford contempt motion;

reviewed account holder inquiries; prepared motion for

extension of time in real estate matter and conferred with

counsel regarding same.

08/11/09 C N Adams 1.40 Preparing announcement and posting regarding Fifth Circuit

appeal; attention to inquiry regarding 754 filings; attention to

court filings.

08/11/09 D T Arlington 8.20 Reviewed recent filings; addressed motion deadlines; worked









382

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 316 of 377

Page 315









Hours Description

on reply regarding motion to extend injunction; reviewed 5th

Circuit order; responded to Examiner inquiries; responded to

relief defendant inquiries; reviewed Janvey declarations;

worked on discovery responses; addressed account release

issues.

08/11/09 S A D Ayers 1.00 Responded to inquiries regarding district where 754 notices

were filed, REDACTED exhibits motion for contempt

against Randi Stanford, and lawsuits filed against Pershing.

08/11/09 S M Benhoff 7.00 Attention to request from Chairman Dodd REDACTED

. Review draft response to invitation letter. Read

SEC Inspector General report. Coordination with Senate staff

regarding request. Debrief Baker Botts team REDACTED

.

08/11/09 B A Day 11.60 Drafted response to financial advisors' motion and brief for

release of accounts; coordinated research of the requirements

REDACTED and Receiver's

standing to assert such claims.

08/11/09 J S Fitzwater 4.90 Monitoring court filings and assisting attorney team to

coordinate reception of filings to appropriate members;

assisting John Lawrence to file the Receiver's Opposition to

Stanford's Motion for Oral Hearing (Dkt. No. 695); updating

support files for the litigation team; updating the tracking

charts of filings entered by the Parties and intervenors;

updating pleadings indices for the '298 (Stanford v. SEC),

'1329 (Janvey v. Letsos) and '724 (Janvey v. Alguire) matters;

updating the Extranet website; updating hard and electronic

correspondence; and beginning to assemble XLS spreadsheets

REDACTED .

08/11/09 K W Hinton 7.30 Reviewed docket sheet and updated deadlines chart; reviewed

new case information and provided instructions to D. Rohleder;

researched and assisted with service issues; summarized 754

notice filings for D. Arlington; researched and prepared Janvey

affidavits and sent same to D. Arlington; assisted with

pleadings per the request of B. Day; researched correspondence

regarding Randi Stanford.

08/11/09 J R Knight 3.40 Analyzed responses to motion to extend injunction and began

drafting reply; analyzed court order and consulted with Kevin

Sadler regarding strategy.

08/11/09 K M Sadler 11.60 Reviewed bulk account transfer motion and provided

comments to M. Myers; reviewed appeal issues with Knight;

reviewed draft motion for contempt; reviewed issues regarding

request for testimony; reviewed and edited response to RAS

motion for hearing; reviewed issues regarding inquiries from







383

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 317 of 377

Page 316









Hours Description

investor and RD counsel; reviewed oppositions to motion to

extend injunction; conferences with clerk's office at 5th Cir.;

reviewed and revised draft reply; conferences with Cialone

regarding Order; consultations with Receiver regarding Order

from 5th Cir.; conference with Knight and Edmundson of SEC

regarding litigation issues; conference with VanTine and

Cialone REDACTED ;

reviewed issues regarding response to examiner on RD claims;

drafted and revised response; reviewed issues regarding

Pershing lawsuit in Florida.

08/11/09 K Scanlan 1.80 Review e-mails from Tim Durst regarding requests by John

Volney regarding mail and car title issues; contact Charlie Gale

at Mr. Janvey's office regarding request for new release of mail

from Baldwyn Post Master; e-mail with follow-up to Tim Durst

regarding mail; review e-mail from Austin regarding requested

documents and forward; update intervenors chart for Tim

Durst's notebook.

08/11/09 K K Van Tine 9.10 Drafting and revising response letter to Chairman Dodd;

analyzing issues and outlining strategy for response;

conference calls to discuss issues

08/11/09 M C Wood .40 Conference with Brendan Day REDACTED

; Reviewed case summaries prepared by BD

regarding same.

08/11/09 R H Wood 2.90 Researched issues regarding

REDACTED







; began writing memo regarding same.

08/11/09 A F York 6.80 Outlined and researched reply in support of Randi Stanford

contempt motion; responded to examiner inquiries re: timing

and drawdowns; emails and calls with FTI/FITS; calls and

emails with K. Schlanger re: real estate filings.

08/12/09 D T Arlington 7.80 Telephone conference with Gordon Russell regarding Cisco

and Trustmark; reviewed account transfer motion; addressed

account release and draw down issues; coordinated regarding

Farmer & Merchant motion; worked on responses to Dillon

Gage and Gallery discovery; addressed inquiries regarding coin

accounts; telephone conference with counsel regarding motion

to compel arbitration; addressed relief defendant inquiries;

reviewed analysis from FTI; reviewed motion to dismiss filed

by Ulloa.

08/12/09 S M Benhoff 3.00 Read final response to REDACTED





Conference call with J. Cialone and K. Van Tine to discuss







384

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 318 of 377

Page 317









Hours Description

REDACTED .

08/12/09 M E Burnett .90 Searched for cases involving specified judges in the 5th Circuit

for Matt Wood.

08/12/09 B A Day 9.00 Drafted response to financial advisors' motion and brief for

release of accounts; coordinated research

REDACTED



.

08/12/09 J S Fitzwater 4.40 Updating the Extranet website, as well as hosted filings

regarding searchable text; monitoring court filings and assisting

attorney team to coordinate reception of filings to appropriate

members.

08/12/09 L C Fluker .40 Reviewed tracking chart of third-party communications to

determine any communications with Randi Stanford, Joe

Kendall or Randy Burton; sent advisory email to team

members.

08/12/09 K W Hinton 7.20 Reviewed, prepared, e-filed and served pleadings; reviewed

filings and provided instructions regarding same; supervised

and assisted with updating shared drive; reviewed file

regarding Dillon Gage documents and exchanged emails with

D. Arlington regarding same; assisted D. Arlington with

responses to Dillon Gage and Pre-War Art; reviewed appeal

filings and provided instructions to D. Rohleder regarding

same; coordinated set up for reviewing documents per the

request of D. Arlington.

08/12/09 M D Kusey 3.30 Logged in mail into correspondence and claims logs.

08/12/09 R C Lewis 2.20 Reviewed Motion to Show Cause as to Rebecca Reeves; began

preparing same for filing; conference with Sam Cooper

regarding same.

08/12/09 K M Sadler 10.20 Reviewed issues regarding requested testimony; revised letter;

conferences with Van Tine and Cialone; conference with M.

Gandy of FNRA; reviewed issues regarding proposed motion

to compel arbitration; reviewed correspondence from opposing

counsel; reviewed appeal issues; reviewed outline of reply to

response to contempt motion; reviewed issues regarding FT

claim regarding Barnes; reviewed issues regarding Citigroup

inquiry; reviewed issues regarding Galleria litigation;

conferences with Court staff regarding letter to Sen Dodd

regarding request for testimony.

08/12/09 K Scanlan .50 Work with James Fitzwater on incoming filings.

REDACTED

08/12/09 K K Van Tine 8.20 Analyzing issues and outlining response ;

preparing and revising letter response REDACTED









385

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 319 of 377

Page 318









Hours Description

; conference calls with client and J. Cialone;

conference REDACTED ; transmitting response

letter; reporting on conference calls REDACTED

08/12/09 M C Wood 7.50 Continued researching REDACTED



; Continued drafting memo

regarding same; Gathered and emailed to Kevin Sadler cases

REDACTED ;

Arranged for Margaret Burnett to compile Fifth Circuit cases

REDACTED .

08/12/09 R H Wood 10.00 Researched issues regarding receivership standing

REDACTED





; continued writing memo regarding same.

08/12/09 A F York 7.30 Completed outline and drafted Reply in support of Randi

Stanford contempt motion; conferred with counsel regarding

real estate extensions; drafted same; reviewed caselaw

REDACTED



; responded to account holder and claimant inquires;

calls and email with FITS re: same.

08/13/09 D T Arlington 10.80 Worked on responses to Dillon Gage and Gallery discovery

requests; addressed relief defendant inquiries; addressed coin

account inquiries; worked on response to broker motion to

unfreeze accounts; addressed account release issues; reviewed

Holt discovery.

08/13/09 S M Benhoff 2.40 Prepare opening to written testimony. Review final testimony.

08/13/09 B A Day 8.70 Finalized response to financial advisors' motion and brief for

release of accounts; coordinated research REDACTED

and Receiver's

standing REDACTED .

08/13/09 J S Fitzwater 3.30 Organizing case material for attorney review; updating the

Extranet website, as well as hosted filings regarding searchable

text; monitoring court filings and assisting attorney team to

coordinate reception of filings to appropriate members;

assisting Kevin Sadler regarding transcript versions from the

July 31st hearing; updating the tracking charts of filings

entered by the parties, intervenors and the intervenors' attorney

appearances; and updating the ('298) SEC v. Stanford and

('724) Janvey v. Alguire pleadings indices.

08/13/09 K W Hinton 8.80 Coordinated set up for reviewing documents and

communicated with IT regarding same per the request of D.

Arlington; reviewed, prepared, e-filed and served pleadings;

supervised and assisted with updating shared drive; reviewed









386

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 320 of 377

Page 319









Hours Description

financial information and provided instructions to H. Chappel

regarding chart of same; reviewed chart and drafted email to B.

Stutts regarding same; researched pleadings and provided same

to B. Wright; reviewed information and prepared transcript

appeal request forms.

08/13/09 J R Knight 2.60 Began working on record request and Appellant's's brief.

08/13/09 M D Kusey 5.50 Logged in mail into correspondence and claims logs.

08/13/09 R C Lewis 4.60 Reviewed and Revised Declaration for Motion for Contempt;

prepared Exhibit and Appendix for same; reviewed and revised

Motion and Brief in Support; prepared for and participated in

phone conference with Rebecca Reeves former lawyers

regarding same; prepared and filed Motion, Brief in Support,

Appendix, and Order related to same.

08/13/09 K M Sadler 5.40 Reviewed pleadings received; reviewed issues

REDACTED ; reviewed

correspondence from opposing counsel regarding broker and

investor issues; reviewed email from SEC regarding FA issue;

reviewed legal research REDACTED ;

reviewed issues regarding motions for contempt; conference

with Arlington regarding DG discovery.

08/13/09 K Scanlan 1.50 Update deadlines charts and pending motions charts; office

conference with James Fitzwater regarding various charts and

matters to supervise in my absence.

08/13/09 K Scanlan 2.20 Attend to package from post master; contact John Volney

regarding review of Ms. Holt's mail; office conference with

John Volney to review 6 weeks of mail; sort and review all

mail by category; office conference with James Fitzwater

regarding copying mail and providing copies to John Volney.

08/13/09 K K Van Tine 5.40 Preparing and revising written testimony REDACTED









08/13/09 M C Wood 2.00 Reviewed Fifth Circuit case law for REDACTED

; Conference with Radney Wood

REDACTED .

08/13/09 R H Wood 7.80 Researched issues regarding receivership standing

REDACTED





; finished memo regarding the same; corresponded with

K. Sadler, S. Ayers, B. Day, D. Arlington, M. Wood, and A.

York regarding the same.

08/13/09 A F York 6.50 Revised and finalized reply in support of Randi Stanford

contempt motion; reviewed SCB/Dillon Gage documents for









387

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 321 of 377

Page 320









Hours Description

production; investigated and responded to SCB inquiries;

reviewed Hunton & Williams REDACTED ;

emails with Sadler and Ayers REDACTED

.

08/14/09 D T Arlington 8.40 Worked on responses to Dillon Gage and Gallery discovery

requests; addressed Holt discovery deadline; addressed claims

against brokers; reviewed FTI analysis; reviewed documents

for discovery responses.

08/14/09 S M Benhoff .30 Research witnesses REDACTED

and prepare

list to send to K. Van Tine.

08/14/09 J A Cialone, II .80 Attention to discovery requests made by Holt.

08/14/09 B A Day 7.20 Strategy and status meeting with Kevin Sadler, David

Arlington, and Andrew York; discussed the review and

analysis of financial advisors' and REDACTED



; coordinated REDACTED



; reviewed and analyzed documents relating to

partial releases and conferred with financial team regarding

same; drafted and filed unopposed motion for extension of time

to respond to ten financial advisors' motion to unfreeze assets;

drafted letter agreement regarding extension of time to reply to

Defendant Laura Pendergest-Holt's requests for production and

admissions.

08/14/09 T S Durst .30 Review of communications from Court regarding new filings

and consideration of response matters.

08/14/09 J S Fitzwater 5.50 Updating the Extranet website, as well as hosted filings

regarding searchable text; updating support files for the

Litigation team; monitoring court filings and assisting attorney

team to coordinate reception of filings to appropriate members;

assembly of defendant Laura Holt's mail for transmittance to

John Volney and for submission to the case file; updating the

('298) SEC v. Stanford pleadings indices; updating tracking

charts for the parties; updating discovery involving Stanford-

related litigation; and updating hard and electronic

correspondence.

08/14/09 K W Hinton 8.50 Researched and communicated with B. Stutts regarding orders;

updated information for account holders; reviewed docket sheet

and updated deadlines chart; researched and reviewed emails

and file regarding discovery requests and exchanged emails

with D. Arlington regarding same; assisted with responses to

Dillon Gage and Pre-War Art discovery requests; assisted with

and prepared production in response to same; researched

related litigation and exchanged emails with M. Scott regarding

same; drafted motion to extend response deadline and proposed







388

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 322 of 377

Page 321









Hours Description

order; assisted with service of production and discovery

request; reviewed, prepared, e-filed and served pleadings;

calculated deadlines.

08/14/09 J R Knight .70 Analyzed strategy for appeal, cross appeals and the Examiner's

motion to intervene.

08/14/09 M D Kusey 4.50 Logged in mail into correspondence and claims logs.

08/14/09 J B Lawrence 4.40 Research regarding applicability REDACTED



exemption REDACTED .

08/14/09 K M Sadler 10.10 Conference with Myers regarding SEC request; consultations

with client and Cialone; reviewed pleadings received; reviewed

issues regarding broker claims; reviewed discovery regarding

DG claims; reviewed FTI data analysis; conference with

Cooper regarding various issues; emails to opposing counsel

regarding motions; reviewed written testimony draft REDACTED

; reviewed issues regarding broker arbitration;

reviewed documents regarding Barnes claim; conference with

Caperton regarding Barnes; reviewed draft pleadings regarding

Randi Stanford motion; reviewed research.

REDACTED









08/14/09 K K Van Tine 4.80 Reviewing and responding to emails re hearing statement;

preparing statement for filing; preparing transmittal letter;

transmitting statement to Senate Banking Committee

08/14/09 M C Wood 6.00 Continued researching various grounds REDACTED

; Drafted memo regarding same;

Conference with Brendan Day regarding same; Conference

with Radney Wood REDACTED

.

08/14/09 R H Wood 2.70 Researched issues REDACTED

; wrote

memo regarding same; corresponded with B. Day, K. Sadler,

A. York, M. Wood, S. Ayers, D. Arlington regarding the same.

08/14/09 A F York 6.10 Analyzed fraudulent transfer claim issues; prepared for

complaint against Ben Barnes Group; reviewed documents

regarding same; calls with FITS and conference with Arlington

regarding account holder proceeds issues; conference with

Sadler and Arlington regarding broker and Barnes fraudulent

transfer claims; circulated Randi Stanford contempt Reply.

08/15/09 D T Arlington 4.50 Reviewed inquiry from SEC and worked on response to same;

worked on responses to Dillon Gage's discovery requests;

reviewed reply brief regarding contempt motion and worked on

same.

08/15/09 B A Day .50 Coordinated research with Ruchit Shah regarding









389

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 323 of 377

Page 322









Hours Description

REDACTED









08/15/09 R C Lewis 3.10 Drafted Reply to Defendant's Opposition to Motion to Appoint

Private Equity Advisor; circulated same to group.

08/15/09 K K Van Tine .40 Attention to issues re Field Hearing

08/15/09 R H Wood 1.30 Researched REDACTED

claims in REDACTED

;

researched issues surrounding which state's REDACTED statute will

apply to a specific cause of action.

08/16/09 D T Arlington 1.10 Addressed issues relating to Dillon Gage discovery; addressed

account review issues; addressed status of equity investment

fund; researched coin customer inquiry.

08/16/09 J A Cialone, II .30 Reviewed fifth circuit cases.

08/16/09 B A Day .50 Revised response to ten financial advisors' motion to unfreeze

assets; distributed same to Ralph Janvey and Kristie

Blumenschein.

08/16/09 K M Sadler 4.30 Conference with Cialone regarding hearing; reviewed Randi

Stanford reply brief; reviewed response to broker motion to

modify receivership order; reviewed SCB issues; emails to

from EY regarding SCB; reviewed investor correspondence

regarding coin motion; emails to T. Leslie regarding same.

08/16/09 K K Van Tine .30 Attention to issues re field hearing

08/16/09 R H Wood 3.50 Researched UFTA claims REDACTED

;

corresponded with B. Day about the same.

08/17/09 D T Arlington 2.20 Addressed account release issues; addressed appellate record

issues; addressed inquiries from relief defendants; reviewed

revisions to contempt motion reply; addressed motion

regarding sale of Little Eagle; coordinated regarding responses

to Dillon Gage's interrogatories; addressed Trustmark inquiries.

08/17/09 S A D Ayers .50 Responded to inquiry from Manuel Lena with IRS regarding

document request for items relied on by Karyl Van Tassel.

08/17/09 S M Benhoff .30 Research news of Senate Banking Committee hearing. Forward

articles to K. Van Tine.

08/17/09 H M Chappel .50 Compiled case law cited in Response to Motion to Modify

Receivership Order to Release Accounts of Former Financial

Advisors and Brief in Support in preparation for cite check and

filing with the court.









390

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 324 of 377

Page 323









Hours Description

08/17/09 B A Day 5.00 Drafted discovery requests to former financial advisors;

reviewed and analyzed documents relating to partial releases

and conferred with financial team regarding same.

08/17/09 J S Fitzwater 5.30 Monitoring court filings and assisting attorney team to

coordinate reception of filings to appropriate members;

updating searchable text in hosted filings on the Extranet

website; organizing support files for the Litigation team;

continuing to update discovery involving Stanford-related

litigation; updating pleadings pads in the ('724) Janvey v.

Alguire, ('1329) Janvey v. Letsos, and ('298) SEC v. Stanford

matters; and updating the tracking charts of filings entered by

the parties and intervenors.

08/17/09 K W Hinton 6.00 Reviewed pleadings and supervised and assisted with case pull;

revised appeal transcript forms and communicated with D.

Arlington and J. Knight regarding same; prepared and e-filed

transcript order forms; researched correspondence regarding

Causarina 20 and drafted email to A. York regarding same;

assisted with preparing and service of responses to Dillon Gage

interrogatories; researched service issues and drafted email to

B. Day regarding same.

08/17/09 J R Knight .40 Reviewed draft of Examiner's motion to intervene and

consulted with Kevin Sadler regarding terms

REDACTED .

08/17/09 J R Knight .50 Analyzed requirements for appellate record.

08/17/09 J R Knight 2.80 Analyzed motion filed on the district court and the cited cases

in preparation for drafting Appellant's's brief.

08/17/09 J B Lawrence 7.60 Continue research on REDACTED



; draft analysis of same;

research REDACTED

.

08/17/09 K M Sadler 8.30 Reviewed issues regarding IRS/DOJ request for documents

regarding KVT declaration; reviewed documents; reviewed

issues regarding investor CD claim; reviewed pleadings

received; reviewed information from FTI; reviewed issues

regarding Park Hill motion; reviewed issues regarding Randi

Stanford motion; reviewed issues regarding request to FTI for

data; reviewed issues regarding DG discovery; reviewed draft

motion to intervene by examiner; conference with counsel for

examiner; reviewed subpoena issues; reviewed SIPC

correspondence; reviewed correspondence regarding Florida

real estate.

08/17/09 K K Van Tine 5.30 Attention to issues re Field Hearing; confirming receipt of









391

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 325 of 377

Page 324









Hours Description

written testimony; reviewing legal issues

REDACTED





08/17/09 R H Wood 9.80 Researched and wrote memo regarding how courts interpret

REDACTED



.

08/17/09 A F York 5.80 Reviewed and revised objections and responses to document

requests from Gallery; reviewed correspondence regarding 20

Casaurina LLC; research on fraudulent transfer claims

REDACTED ; revised and finalized Randi

Stanford reply; prepared exhibits for same and filed Reply.

08/18/09 C N Adams 1.00 Preparing for call regarding international litigation issues;

telephone conference with Joe Cialone regarding same.

08/18/09 D T Arlington 6.20 Addressed account analysis issues; telephone conference with

Kenneth Johnston regarding Trustmark issues; coordinated

with counsel for financial advisors regarding briefing

schedules; reviewed Examiner motions to intervene in appeal;

reviewed motion to withdraw and substitute for financial

advisor; addressed discovery related to relief defendants and

other parties; addressed account release questions; reviewed

MDL order; telephone conference with FTI regarding analysis;

reviewed answer and counterclaim by relief defendant;

reviewed letter regarding insurance issues; telephone

conference with Jason Graham regarding broker motion;

reviewed status of Davis plea; addressed appellate record

issues; reviewed comments to contempt motion reply;

addressed coin motion response; addressed inquiry regarding

coin & bullion customer inquiry; coordinated regarding call

with Farmers & Merchants counsel; reviewed financial advisor

schedule; reviewed status of broker claims; reviewed status of

frozen accounts.

08/18/09 S A D Ayers .60 Reviewed filings in relief defendants actions to draft request to

include additional documents and evidence in the appellate

record that are filed in the SEC's main case.

08/18/09 S M Benhoff 2.00 Collect and summarize witness testimony from Senate Banking

Committee hearing.

08/18/09 J A Cialone, II .80 Attention to court papers.

08/18/09 B A Day 6.00 Drafted requests for production from former financial advisors;

drafted supplemental complaint against former financial

advisors and conferred with FTI regarding total amounts of

commissions, loans, bonuses, and PARS payments to such

financial advisors; reviewed and analyzed documents

REDACTED









392

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 326 of 377

Page 325









Hours Description





08/18/09 J S Fitzwater 3.50 Completing organization of support files for the Litigation

team; updating correspondence involving Stanford-related

litigation; updating pleadings pads in the ('724) Janvey v.

Alguire and ('298) SEC v. Stanford matters; updating the

tracking charts of filings entered by the parties and intervenors;

monitoring court filings and assisting attorney team to

coordinate reception of filings to appropriate members; and

updating hosted filings on the Extranet website.

08/18/09 L C Fluker .30 Reviewed correspondence file to locate certified mail return

receipt card for Randy Burton; scanned card and emailed to

Katherine Hinton for use in appendix to motion.

08/18/09 K W Hinton 9.50 Reviewed docket sheet and updated deadlines chart; reviewed

docket sheet and created list of pending motions ripe for

consideration; exchanged emails regarding IRS production;

prepared and e-filed pleadings, served same; researched service

issues and exchanged emails with B. Day regarding same;

researched and reviewed file for correspondence regarding

service to Randy Burton; exchanged emails with S. Ayers

regarding appeal record.

08/18/09 J R Knight .30 Analyzed the Examiner's motion to intervene in the appeal.

08/18/09 J R Knight 3.00 Worked on Appellant's's brief.

08/18/09 J B Lawrence 4.50 Research legal issues REDACTED



.

08/18/09 K M Sadler 7.30 Conference with Arlington regarding broker claims and

strategy; reviewed and commented on response to Galleria

motion; reviewed data from FTI; reviewed pleadings received;

reviewed issues regarding MDL motion; reviewed reply brief

regarding Randi Stanford contempt motion; reviewed issues

REDACTED ; reviewed task list and

issues regarding pending motions.

08/18/09 K K Van Tine 4.30 REDACTED

; reviewing

hearing transcript; discussing legal issues with J. Doty;

analyzing congressional hearing issues; reviewing Dallas court

hearing transcript; REDACTED

08/18/09 M C Wood 2.80 Began reviewing documents supporting our motion to sell one

of Stanford's yachts; Began drafting motion seeking court

approval of the sale of the yacht.

08/18/09 R H Wood 1.90 Researched and wrote memo regarding how courts interpret

REDACTED



;









393

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 327 of 377

Page 326









Hours Description

corresponded with B. Day regarding the same.

08/18/09 A F York 5.90 Reviewed and responded to account holder inquiries; discussed

same with FITS and Arlington; reviewed SCB motions; sought

extension of deadlines for same; filed unopposed motions

regarding same; reviewed and responded to inquiries from

financial advisors; researched fraudulent transfer claims

REDACTED .

08/19/09 C N Adams 3.40 Conference with Ralph Janvey and team regarding

international issues; participation in meeting with DOJ and

SEC regarding same.

08/19/09 D T Arlington 2.60 Addressed discovery issues relating to broker claims; reviewed

other broker claim issues; addressed relief defendant inquiries;

coordinated with financial advisor counsel regarding service

and briefing schedule; reviewed FTI analysis; addressed Holt

discovery deadline; addressed motion deadlines; reviewed

communications regarding appellate motion.

08/19/09 S A D Ayers 4.60 Analyzed issues REDACTED

; telephone conference with

Fifth Circuit regarding relationship between two appeals and

drafted motion to consolidate after conferring with all parties

listed on docket in district and appellate courts in Alguire and

Letsos; conferred with Kevin Sadler, Jim Doty and Kirk Van

Tine REDACTED .

08/19/09 S M Benhoff .80 Review transcript of District Court proceeding.

08/19/09 B A Day 8.50 Drafted requests for production from and interrogatories for

former financial advisors; drafted supplemental complaint

against former financial advisors; reviewed and analyzed

documents relating to partial releases and conferred with

financial team regarding same.

08/19/09 L E Dodge 4.50 Analyzed financial adviser commission data received from

FTI; reviewed client supplemental complaint against financial

advisers.

08/19/09 J R Doty 1.50 Attention to court papers with Kevin Sadler.

08/19/09 T S Durst .80 Further analysis of insurance issues; review of matters

regarding communications to opposing counsel; consideration

of issues regarding contact to carrier.

08/19/09 J S Fitzwater 2.30 Updating pleadings pads in the ('724) Janvey v. Alguire and

('298) SEC v. Stanford matters; updating the tracking charts of

filings entered by the parties; monitoring court filings and

assisting attorney team to coordinate reception of filings to

appropriate members; updating hosted filings on the Extranet









394

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 328 of 377

Page 327









Hours Description

website; and updating Response Deadlines chart.

08/19/09 L C Fluker .20 Reviewed Excel tracking chart and correspondence file to

locate any relevant documents and name of counsel for Hank

Mills.

08/19/09 J R Knight 2.80 Analyzed cases and drafted standard of review section of the

Appellant's's brief; worked on statement of facts.

08/19/09 J B Lawrence 2.50 Research

REDACTED





; draft analysis of same.

08/19/09 R C Lewis 2.40 Drafted motions for sale of private equity investments;

prepared supplement to Motion to Show Cause and filed same;

conference with Sam Cooper regarding upcoming motions.

08/19/09 K M Sadler 9.80 Reviewed issues regarding KVT declaration requested by DOJ;

reviewed issues regarding Galleria case; reviewed issues

regarding Equity advisor and related motions; reviewed issues

regarding broker and investor claims; conference with Van

Tine and Doty regarding SEC; consultations with Receiver

regarding various issues; reviewed pleadings received;

reviewed and edited pleading regarding Stanford spouse

contempt motion; reviewed affidavit of attorney; reviewed

investor inquiries regarding coin motion; reviewed issues

regarding Holt discovery; reviewed correspondence from

Mendes Mount; reviewed updated data analysis from FTI;

reviewed issues regarding MDL proceedings.

08/19/09 K K Van Tine 2.60 Reviewing arguments REDACTED

; conference call with J. Doty and K. Sadler

REDACTED





08/19/09 M C Wood 2.10 Finished drafting motion and proposed order seeking court

approval of sale of Stanford yacht.

08/19/09 R H Wood .20 Spoke with A. York REDACTED

; forwarded A.

York memo REDACTED .

08/19/09 A F York 4.20 Researched law on fraudulent transfer claims

REDACTED



; reviewed and responded to account

holder inquiries; analyzed and provided comments

REDACTED



gathering efforts regarding same.

08/20/09 C N Adams 1.00 Telephone conference with group regarding follow up

information for SEC; preparing same.

08/20/09 D T Arlington 7.00 Addressed issues relating to equipment insurance and Farmers

& Merchants motion; telephone conference with opposing







395

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 329 of 377

Page 328









Hours Description

counsel regarding same; participated in team meeting regarding

pending matters and claims; addressed financial advisor

investigation and discovery issues; reviewed affidavit of Karyl

Van Tassel; telephone conference with FTI regarding status of

analysis; addressed account release issues; addressed issues

relating to Holt discovery requests; addressed briefing schedule

issues with counsel for relief defendants.

08/20/09 S A D Ayers 4.60 Drafted and conferred with the parties on motion for

supplemental record on appeal in Alguire and Letsos; attention

to deadlines for responses and replies to pending motions;

attention to draft of appellate brief in support of Joe Knight;

telephone conference with lawyer for relief defendant's

attorney regarding answer date; responding to requests from

Florida Bar for information regarding motion against Beki

Reeves; attention to request for discovery from Laura Holt.

08/20/09 S M Benhoff 1.10 Research federal database.

08/20/09 B A Day 4.00 Attended status/strategy meeting with Kevin Sadler, David

Arlington, Sue Ayers, and Andrew York; drafted supplemental

complaint against former financial advisors; reviewed and

analyzed documents relating to partial releases and conferred

with financial team regarding same; coordinated research

project with Radney Wood REDACTED

.

08/20/09 L E Dodge 6.00 Prepared appendix for supplemental complaint against

financial advisers; reviewed summary received from FTI of

electronic data available for financial advisers; met with D.

Arlington to discuss financial adviser issues.

08/20/09 T S Durst 1.20 Analysis of issues court filings on insurance issues and related

pending litigation; conference with team regarding pending

matters.

08/20/09 J S Fitzwater 5.80 Assisting Tim Durst to research pleadings and correspondence

involving the D&O Insurance policy; monitoring court filings

and assisting attorney team to coordinate reception of filings to

appropriate members; updating hosted filings on the Extranet

website; updating correspondence involving Stanford-related

litigation; continuing to update the Response Deadlines chart;

assisting John Lawrence to research pleadings related to (2005-

72230) Stanford Group Holdings v. Walton Houston Gallery

Office; updating the tracking charts of filings entered by the

parties; and updating pleadings pads in the ('10761) Janvey v.

Alguire, ('10765) Janvey v. Letsos and ('298) SEC v. Stanford

matters.

08/20/09 J R Knight 3.70 Drafted introduction to the argument section and analyzed Fifth







396

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 330 of 377

Page 329









Hours Description

Circuit authority for the Appellant's's brief.

08/20/09 T W Mountz 1.20 Conference with D. Arlington re discovery requests; review of

discovery requests from Holt; emails to J. Cialone re discovery

requests.

08/20/09 K M Sadler 9.70 Reviewed Holt discovery issues and responses; reviewed data

from FTI; conference with litigation team regarding tasks and

assignments; conference with FTI regarding data analysis;

conference with Knight regarding appellate issues; reviewed

D&O issues; conference with Cooper regarding various issues;

reviewed issues regarding Provence investor accounts;

reviewed issues regarding broker claims; reviewed legal

research REDACTED ; conference with FTI

regarding declaration for DOJ.

08/20/09 K K Van Tine 1.90 Conference call to review status of pending issues; reviewing

briefs; outlining agenda and policy issues for discussion

08/20/09 M C Wood .30 Emailed David Arlington forwarding him a draft motion to sell

the Little Eagle yacht.

08/20/09 R H Wood 2.80 Researched issues REDACTED









08/20/09 A F York 4.20 Conference with Sadler, Arlington, Ayers, regarding broker

claims, Barnes claim, pending motions, and open issues;

prepared request for information to Ben Barnes Group;

reviewed Barnes Group's initial document production; analyzed

and responded to account holder inquiries.

08/21/09 C N Adams .40 Attention to Holt RFPs.

08/21/09 D T Arlington 4.80 Worked on discovery responses to Holt; reviewed Paradigm

information; addressed account release and draw down issues;

addressed Barnes request.

08/21/09 S A D Ayers 5.30 Responding to inquiries from American Express regarding

reimbursement of employee expenses; finalized, conferred and

filed motion to consolidate appeals; finalized, conferred and

filed motion to supplement record; drafted summary of U.S.

Receivership events on request from Osler firm; reviewed and

produced documents to Internal Revenue Service; telephone

conference with clerk for Northern District of Texas and

arranged for pick up of appellate record and delivery to

Examiner; communicated with Karyl Van Tassel regarding

documents for production to Internal Revenue Service.

08/21/09 J A Cialone, II .80 Calls and emails about responses to Holt discovery requests.

08/21/09 B A Day 9.10 Finished draft supplemental complaint

REDACTED ; reviewed and analyzed







397

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 331 of 377

Page 330









Hours Description

documents relating to partial releases and conferred with

financial team regarding same.

08/21/09 T S Durst .40 Attention to issues regarding filings on insurance issues and

status, including consideration of needed additional filings.

08/21/09 J S Fitzwater 6.50 Retrieving appellate records for the ('724) Janvey v. Alguire

and ('1329) Janvey v. Letsos matters, assembling a copy of the

records for Joe Knight of the Austin office, and preparing

original records for transmittance to John Little and Eugene

Wilshire; updating hard and electronic correspondence

involving Stanford-related litigation; monitoring court filings

and assisting attorney team to coordinate reception of filings to

appropriate members; updating pleadings pads in the ('298)

SEC v. Stanford, ('10761) Janvey v. Alguire and ('10765)

Janvey v. Letsos matters; updating the tracking charts of filings

entered by the parties and intervenors; and updating hosted

filings on the Extranet website, including searchable text.

08/21/09 K L Karp .80 Begin draft of response log to L. Pendergest-Holts' discovery

requests.

08/21/09 J R Knight .60 Reviewed and suggested revisions to motion to consolidate and

motion to supplement the record.

08/21/09 J R Knight 2.90 Worked on Appellant's's brief.

08/21/09 R C Lewis 3.20 Researched issues REDACTED



; reviewed and

commented on Walton for Relief from Receivership Order;

reviewed and revised appendix and declarations related to same

and prepared for filing; phone call with John Greer regarding

status of private equity investments.

08/21/09 T W Mountz 1.80 Telephone conference with D. White at Thompson Knight re

responses to Holt discovery requests; email to D. White re

requests; conference with D. Arlington re responses to

requests; review of draft responses to RFAs.

08/21/09 K M Sadler 9.90 Reviewed issues regarding response to Holt discovery requests;

reviewed issues regarding pending motion regarding Midway

investments; reviewed correspondence from RD counsel;

reviewed correspondence from Hunton & Williams; reviewed

issues regarding response to Galleria motion and strategy

related to Galleria claim; reviewed issues regarding Citigroup

inquiry on paradigm fund; reviewed case research and cases on

UFTA claims and related discovery issues; reviewed issues

regarding Florida real estate; reviewed correspondence and

related research regarding insurance issues.

08/21/09 N M Starbuck 1.20 Begin draft of response log to L. Pendergest-Holts' discovery







398

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 332 of 377

Page 331









Hours Description

requests.

08/21/09 R H Wood 2.10 Corresponded with B. Stutts regarding assets in Canada;

researched issues surrounding REDACTED







08/21/09 A F York 2.60 Prepared request for information to Ben Barnes Group;

responded to account holder inquiries; discussed same with

FITS and Stanford Eagle team; conferred with opposing

counsel regarding response deadlines and extensions; reviewed

mail forwarded from Stanford real estate LLC.

08/22/09 D T Arlington 6.90 Worked on responses to Holt's discovery requests and

coordinated with team regarding same.

08/22/09 J A Cialone, II 1.00 Considered and discussed with team by emails various

discovery questions including privilege and work product

claims.

08/22/09 B A Day .80 Incorporated Kevin Sadler's comments into the supplemental

complaint against former financial advisors; researched claims

asserted by the SEC REDACTED .

08/22/09 T W Mountz 2.50 Review of emails re requests for admissions and requests for

production from Holt; emails to Kristie Blumenschein and D.

Arlington re responses to RFAs; emails to J. Cialone and K.

Sadler re privilege issues and responses to discovery requests.

08/22/09 K M Sadler 3.20 Reviewed issues regarding holt discovery; reviewed issues

regarding examiner inquiries; reviewed issues regarding

clawback claims in Madoff case; reviewed issues regarding

pending motions; reviewed information from FTI.

08/22/09 K K Van Tine .30 Reviewing reports re SEC action against investor in Madoff

cases

08/22/09 A F York 1.90 Analyzed Holt RFA objections and responses and reviewed

comments to same; reviewed Receiver's prior filings to ensure

consistency with objections and responses.

08/23/09 C N Adams .40 Reviewing requests for production.

08/23/09 D T Arlington 1.50 Revised discovery responses to Holt and communicated with

team regarding same; reviewed FTI analysis.

08/23/09 S A D Ayers 1.50 Analyzed and edited Supplemental Complaint against Financial

Advisors; Analyzed and edited Response to Requests for

Admission and Requests for Production from Laura Holt.

08/23/09 B A Day .80 Incorporated Sue Ayers's comments into the supplemental

complaint against former financial advisors; drafted transmittal

e-mail for Supplemental Complaint and sent same to Kevin







399

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 333 of 377

Page 332









Hours Description

Sadler.

08/23/09 T W Mountz .40 Review of responses to Holt production requests.

08/24/09 C N Adams .80 Attention to discovery issues regarding broker litigation.

08/24/09 D T Arlington 4.50 Addressed relief defendant service issues; worked on and

finalized discovery responses to Holt; prepared draft response

to Examiner regarding multiple issues; addressed issues

relating to financial advisor analysis; REDACTED

; conferences with team regarding relief

defendant issues; addressed account release issues; reviewed

supplemental complaint; reviewed recent filings.

08/24/09 S A D Ayers 3.40 Attention to deadlines for responses and replies to motions;

attention to correspondence from various stakeholders;

attention to appeal (locating documents/facts in the record for

briefing and procedures for citing to unpublished cases);

addressed comments to Supplemental Complaint from Kristie

Blumenschein; attention to responses in opposition to real

estate motion.

08/24/09 B A Day 6.50 Revised response to financial advisors' motion to unfreeze

accounts; reviewed Kristie Blumenschein's comments to the

Supplemental Complaint against Stanford Financial Group

Advisors and drafted responses regarding such comments;

revised Supplemental Complaint; reviewed and analyzed

documents relating to partial releases and conferred with

financial team regarding same.

08/24/09 L E Dodge 9.00 Revised and supplemented financial adviser database; revised

and supplemented appendix to supplemental complaint against

financial advisers; summarized financial adviser address and

attorney information.

08/24/09 T S Durst 1.40 Analysis of issues regarding discovery, stay and related

insurance matters for the Court's attention; review of new

filings regarding same; communications with team regarding

same and needed response/strategy.

08/24/09 J S Fitzwater 4.80 Updating hosted filings on the Extranet website; updating the

tracking charts of filings entered by the parties and intervenors;

monitoring court filings and assisting attorney team to

coordinate reception of filings to appropriate members;

updating discovery involving Stanford-related litigation;

updating hard and electronic correspondence involving

Stanford-related litigation; organizing support files for the

Litigation team; updating the Response Deadlines chart; and

updating pleadings pads in the ('298) SEC v. Stanford matter.

08/24/09 M A Gold .50 Attention to report to court.







400

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 334 of 377

Page 333









Hours Description

08/24/09 K L Karp 5.00 Begin draft of response log to L. Pendergest-Holts' discovery

requests.

08/24/09 J R Knight 3.70 Worked on Appellant's's brief.

08/24/09 T W Mountz 1.60 Review of responses to Holt discovery requests; conferences

with D. Arlington re requests; conference with J. Cialone re

discovery requests.

08/24/09 K M Sadler 11.20 Reviewed issues regarding supplemental complaint; reviewed

and revised complaint; consultations with Receiver regarding

various issues; conferences with FTI regarding data analysis;

reviewed issues regarding STC; reviewed issues regarding

information for examiner; reviewed pleadings received;

reviewed equity motions; conference with Court staff;

conferences with Cooper regarding motions; reviewed issues

regarding investor complaints; reviewed data analysis

regarding brokers; reviewed issues regarding appeal; reviewed

cases regarding UFTA.

08/24/09 K Scanlan 3.50 Review request for specific case materials from Mary Scott;

on-line research concerning Mississippi litigation; telephone

conference with clerk regarding suit and to request copies of

suit; review request for materials from John Lawrence and

locate and forward materials as requested; update filing and

review numerous filings and update charts.

08/24/09 N M Starbuck 4.10 Drafted response log to L. Pendergest-Holts' discovery

requests; Reviewed production files REDACTED



08/24/09 K K Van Tine .80 Outlining issues in preparation for potential hearing

08/24/09 M C Wood .50 Conference with Radney Wood REDACTED









08/24/09 R H Wood 2.20 Researched REDACTED

; began writing memo on the same.

08/24/09 A F York 4.80 Finalized and sent request for information to Barnes Group;

prepared and filed motions for extension in real estate matters;

reviewed court papers and prepared to respond to Hassell

motions regarding real estate liens; locate petition in new bank

lawsuit; responded to account holder inquiries.

08/25/09 C N Adams .50 Reviewing broker issue regarding pending claim.

08/25/09 D T Arlington 5.80 Addressed property motion response; telephone conference

with SEC; worked on supplemental complaint and issues

related to same; addressed inquiries from relief defendants;

addressed investigation relating to broker records; reviewed









401

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 335 of 377

Page 334









Hours Description

FTI analysis; reviewed insurance issues; telephone conference

with FTI regarding analysis issues.

08/25/09 S A D Ayers 7.10 Drafted correspondence for Receiver's signature; reviewed

documents filed by other parties today in SEC v. Stanford;

attention to appeal, locating documents in record for citation in

Appellant's's brief; attention to Supplemental Complaint and

request for summons from the clerk; edited response to motion

to unfreeze accounts held by financial advisors.

08/25/09 S M Benhoff 2.50 Review District Court briefs REDACTED



.

08/25/09 J A Cialone, II .80 Reviewed court of appeals papers; reviewed bank lawsuit

papers filed in Houston.

08/25/09 B A Day 9.10 Revised response to financial advisors' motion to unfreeze

accounts; finalized appendix in support of same; revised

Supplemental Complaint; finalized appendix in support of

same; reviewed and analyzed documents relating to partial

releases and conferred with financial team regarding same.

08/25/09 L E Dodge 6.50 Supplemented financial adviser database; revised and

supplemented appendix to supplemental complaint against

financial advisers; researched summarized financial adviser

address and attorney information.

08/25/09 J S Fitzwater 1.80 Assisting John Lawrence regarding pleadings profiling in the

('298) SEC v. Stanford matter; monitoring court filings and

assisting attorney team to coordinate reception of filings to

appropriate members; updating hosted filings on the Extranet

website; and assisting Tim Mountz regarding Pendergest-Holt's

motion for payment of fees in the ('342) USA v. Stanford

matter.

08/25/09 L C Fluker .30 Reviewed correspondence file to locate examples of

Receivership's letterhead; provided information on letterhead to

Valencia Walker.

08/25/09 K W Hinton 7.50 Reviewed and cite-checked legal cites in the Supplemental

Complaint and Response to Motion to Modify Receivership

Order; supervised and assisted with records cite check;

prepared and revised Appendix; met with B. Day regarding

Appendix documents; revised service lists and assisted with

service of supplemental complaint; proofed and revised

complaint and response; prepared and e-filed motion to extend

deadline; coordinated with B. Day regarding summonses and

personal service.

08/25/09 J R Knight 3.10 Consultations with Kevin Sadler and Sue Ayers regarding

strategy; analyzed record and worked on brief.







402

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 336 of 377

Page 335









Hours Description

08/25/09 J B Lawrence 5.00 Research whether documents shared or communications made

REDACTED .

08/25/09 K M Sadler 9.20 Reviewed and revised correspondence to court; reviewed issues

REDACTED ; reviewed

issues regarding insurance dispute and filings in criminal case;

reviewed issues regarding correspondence from FA regarding

claim and loan; reviewed and revised supplemental complaint

and reviewed data regarding same from FTI; consultations with

client regarding broker claims; reviewed claims filed against

third party banks; reviewed issues regarding Florida property;

reviewed issues regarding responses and objections to Holt

discovery requests; reviewed issues regarding appeal and draft

brief.

08/25/09 K Scanlan 1.30 Pull materials relating to appeals and related motions in SEC

main case; prepare notebook.

08/25/09 K K Van Tine 1.90 Drafting and revising outline of issues in preparation for

anticipated hearings

08/25/09 M C Wood 1.50 Reviewed conflicts reports; Contacted attorneys to clear

potential conflicts.

08/25/09 R H Wood 3.20 Researched REDACTED ;

wrote memo regarding the same.

08/25/09 A F York 4.50 Research with Westlaw rep REDACTED



; reviewed Hassell

filings; sought extension and filed motion regarding same;

reviewed and responded to account holder and FA inquiries;

emails with FTI, FITS, and Stanford Eagle regarding same;

conferred with K. Schlanger regarding real estate issues.

08/26/09 C N Adams .70 Telephone conference with ACA Compliance regarding

subpoena and privilege issues.

08/26/09 D T Arlington 7.30 Worked on and addressed issues relating to supplemental

complaint against financial advisors; telephone conference with

counsel for Trustmark; reviewed complaint against Trustmark;

worked on Little Eagle sale motion; reviewed scheduling

proposal from counsel for financial advisors; addressed

inquiries from financial advisors, other relief defendants and

Examiner; addressed account release issues; addressed

discovery issues.

08/26/09 S A D Ayers 5.90 Drafted correspondence for Receiver's signature; reviewed all

court papers filed by other parties today; attention to appellate

record, securing second volume and locating documents to cite

in Appellant's's brief; attention to supplemental complaint,

choice of law, conflicts check and telephone conference with







403

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 337 of 377

Page 336









Hours Description

clerk's office regarding leave to file it; attention to bankruptcy

bar in Amended Order Appointing Receiver; investigated

inquiry by former employee regarding final paycheck; supplied

all briefing on D&O policy to Kevin Sadler and select court

papers and federal rules to Osler for hearing.

08/26/09 M E Burnett .80 Searched Choicepoint for information on Marina Feldman and

Jon Hanna.

08/26/09 J A Cialone, II 1.00 Calls and emails about responses to discovery requests from

Holt's lawyers; reviewed related court papers.

08/26/09 B A Day 4.50 Reviewed and coordinated review of conflicts checks

REDACTED ; finalized and filed response to financial

advisors' motion to unfreeze accounts and appendix in support

of same; finalized and filed Supplemental Complaint and

appendix in support of same.

08/26/09 L E Dodge 7.00 Supplemented financial adviser database; revised appendix to

supplemental complaint against financial advisers; researched

and summarized address and attorney information for financial

advisers.

08/26/09 J S Fitzwater 5.80 Retrieving the second volume of the appellate record in the

('724) Janvey v. Alguire matter and assembling a copy of the

record for Katherine Hinton of the Austin office; assisting Tim

Durst regarding D&O Insurance policy pleadings; updating

pleadings pads in the ('724) Janvey v. Alguire and ('298) SEC

v. Stanford matters; updating discovery involving Stanford-

related litigation; continuing to update the Response Deadlines

chart; organizing case material for attorney review; updating

the tracking charts of filings entered by the parties and

intervenors; updating electronic correspondence involving

Stanford-related litigation; updating hosted filings on the

Extranet website, as well as searchable text; monitoring court

filings and assisting attorney team to coordinate reception of

filings to appropriate members; and updating the Appearances

from Attorneys for the Intervenors notebook.

08/26/09 J R Knight 2.80 Continued working on Appellant's's brief; finalized statement

of facts.

08/26/09 J B Lawrence 1.60 Continue researching insurer-insured privilege issues;

conference with T. Mountz regarding same.

08/26/09 T W Mountz .30 Conference with J. Lawrence re research on privilege issues.

08/26/09 K M Sadler 10.70 Reviewed issues regarding account release and draw down;

reviewed issues regarding bankruptcy litigation stay in AOAR;

reviewed broker communications regarding complaint;

reviewed issues regarding document production requests from







404

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 338 of 377

Page 337









Hours Description

Holt; reviewed issues regarding appeal, appellate record and

Order regarding new deadlines; reviewed pleadings received;

reviewed issues regarding creditor inquiry concerning claims;

reviewed issues regarding service of supplemental complaint;

reviewed and revised correspondence; conference with Court

staff regarding request for hearing; reviewed legal research

regarding FT claims; reviewed issues regarding briefing

agreement among counsel for brokers; reviewed issues SEC

and DOJ; reviewed issues regarding private equity holdings;

reviewed FTI data analysis regarding brokers' compensation;

reviewed issues regarding Davis plea proceedings; conference

with Court staff regarding Orders on pending motions;

conference with Mountz regarding insurance issues; reviewed

issues regarding documents requested by brokers.

08/26/09 K Scanlan .80 Assist in pulling requested materials for use as exhibits in

upcoming motion response; revise memo to Tim Durst.

08/26/09 K K Van Tine 1.80 Conference with J. Doty re SEC issues; attention to issues for

anticipated hearings

08/26/09 M C Wood 1.60 Reviewed more conflict reports REDACTED

; Contacted attorneys to clear conflicts.

08/26/09 R H Wood 1.80 Researched and wrote memo REDACTED ;

corresponded with B. Day, K. Sadler, and S. Cooper regarding

the same.

08/26/09 A F York 3.00 Reviewed and responded to account holder inquires; emails

with FTI regarding same; reviewed FTI workups; researched

fraudulent transfer claims REDACTED

;

reviewed memo REDACTED .

08/27/09 C N Adams .40 Preparing posting regarding broker lawsuit.

08/27/09 D T Arlington 9.10 Reviewed recent filings; reviewed FTI analysis; addressed

account release and draw down issues; reviewed and

researched Examiner inquiries; reviewed materials relating to

Davis plea; reviewed drafts of motion to approve yacht sale;

worked on statement regarding supplemental complaint;

worked on summary judgment motion; addressed broker

discovery and investigation issues; researched relief defendant

inquiries; reviewed bulk transfer motion.

08/27/09 S A D Ayers 3.20 Reviewed all pleadings filed today; attention to inquiry from

former employee regarding final paycheck; edited motion to

make bulk transfer of released accounts; attention to new

lawsuits filed in four jurisdictions; reviewed and analyzed plea

agreement by James Davis.

08/27/09 B A Day 2.00 Attended conference call with FTI regarding the analysis of







405

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 339 of 377

Page 338









Hours Description

interest and principal amounts from SIB CDs; reviewed and

analyzed documents relating to partial releases and conferred

with financial team regarding same; coordinated research of

standing of Receiver to bring claims against law firm.

08/27/09 J S Fitzwater 1.80 Updating support files for the Litigation team; monitoring court

filings and assisting attorney team to coordinate reception of

filings to appropriate members; and preparing original record

of the second volume of the appellate record in the ('724)

Janvey v. Alguire matter for transmittance to John Little.

08/27/09 K W Hinton 9.00 Prepared summons for supplemental complaint; reviewed and

edited service list for supplemental complaint; communicated

with process server regarding cost of service and options;

communicated with B. Day regarding same; drafted emails to

B. Day, S. Ayers and D. Arlington regarding cost of service

and options; supervised and assisted with updating shared

drive; reviewed filings for missing certificate of service per

notice from court; exchanged emails with S. Ayers regarding

same; call to court regarding same; created certificate of

service for Appendix, prepared and e-filed same; drafted email

to team regarding certificate of service requirement; prepared

appendix for sale of little eagle motion; updated SEC v.

Stanford tracking and deadlines charts; reviewed cases and

correspondence regarding new case; exchanged emails with S.

Ayers regarding post-receiver deadlines chart; drafted email to

L. Dodge with instructions for updating post-receiver deadlines

chart.

08/27/09 R C Lewis 5.30 Attended hearing related to arraignment of James Davis;

drafted summaries of same; prepared for and participated in

two conference calls with Park Hill Group regarding private

equity deals; reviewed and commented on information related

to same received by Park Hill; revised and circulated new draft

of Motion for Sale of InSound and Memphis Biomed.

08/27/09 K M Sadler 9.60 Reviewed issues and information regarding Davis plea

proceedings; reviewed issues regarding Pershing litigation;

reviewed issues regarding FTI data analysis; reviewed issues

regarding broker claims; reviewed investor inquiry regarding

account release; reviewed pleadings in class action case;

reviewed issues regarding IOF motion and claim; reviewed

pleadings received; reviewed communications from attorneys

regarding claims against law firm; reviewed issues regarding

bulk transfer motion; conference with Court staff regarding

hearing; reviewed Orders received regarding private equity

sales; reviewed issues regarding requests for information;

conference with FTI regarding data analysis; conference with









406

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 340 of 377

Page 339









Hours Description

Mountz regarding insurance issues.

08/27/09 K Scanlan 3.10 Work with James Fitzwater to update various files; review new

filings and being review of deadlines chart for updating and

double-checking accuracy and completeness of all deadlines

charts; pull materials relating to pending motions to intervene

and prepare small notebook for same.

08/27/09 M C Wood 2.80 Revised Little Eagle motion in light of David Arlington's

comments and new evidence; Conference with Brendan Day to

discuss facts REDACTED .

08/27/09 R H Wood 2.30 Researched and wrote memo on receivership standing to

REDACTED





; corresponded with B. Day, K. Sadler,

S. Cooper, S. Ayers, and A. York regarding the same.

08/27/09 A F York 5.20 Researched fraudulent transfer claims; reviewed and responded

to account holder inquiries; emails with FTI and Stanford Eagle

regarding same; prepared for FA document and data review in

Houston; conference with FTI regarding proceeds issues;

08/28/09 C N Adams .30 Attention to posting regarding broker litigation.

08/28/09 D T Arlington 3.50 Finalized filing relating to Little Eagle; addressed inquiries

from Examiner; addressed inquiries from relief defendants;

coordinated with opposing counsel regarding briefing schedule;

reviewed FTI analysis; telephone conference with FTI

regarding same; addressed relief defendant service issues.

08/28/09 S A D Ayers 2.00 Edited, finalized, conferred with opposing counsel and filed

Bulk Transfer motion and motion for sale of Little Eagle;

telephone conference with attorneys for financial advisor relief

defendants; telephone conference and delivered copies of

filings to Pierpont.

08/28/09 J A Cialone, II 1.00 Attention to letter from Holt's lawyer challenging privilege

claims; attention to privilege claims.

08/28/09 B A Day 5.10 Attended conference call with FTI regarding the analysis of

interest and principal amounts from SIB CDs; reviewed and

analyzed documents REDACTED and conferred

with financial team regarding same; revised and filed motion to

approve sale of the Little Eagle yacht.

08/28/09 J S Fitzwater 6.30 Monitoring court filings and assisting attorney team to

coordinate reception of filings to appropriate members;

updating the Response Deadlines chart; updating support files

for the litigation team and for attorney review; assisting Kevin

Scanlan regarding Pendergest-Holt's First Request for









407

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 341 of 377

Page 340









Hours Description

Production; updating hard and electronic correspondence;

updating pleadings pads in the ('10761, '724) Janvey v. Alguire,

('10765) Janvey v. Letsos and ('298) SEC v. Stanford matters;

updating the tracking charts of filings entered by the Parties;

updating the Appearances from Attorneys for the Intervenors

notebook; and updating hosted filings on the Extranet website,

as well as searchable text.

08/28/09 J R Knight 1.60 Completed first draft of the main argument sections.

08/28/09 K M Sadler 10.40 Reviewed strategy issues REDACTED ;

reviewed strategy issues REDACTED ;

reviewed issues regarding FTI analysis; communications to

client regarding same; reviewed issues regarding Galleria

litigation; reviewed issues regarding REDACTED

; reviewed data from FTI;

reviewed pleadings received; reviewed issues regarding

communications with investors at STC; reviewed

communications from broker counsel; reviewed issues

regarding briefing on broker claims; consultations with client;

reviewed issues regarding property motions regarding Davis;

reviewed bulk transfer motion; reviewed asset sale motion

regarding boats; reviewed communications from attorney for

financial advisors.

08/28/09 K Scanlan 2.50 Work with James Fitzwater to update materials; office

conference with Tim Durst regarding correspondence from

Holt's counsel regarding responses to discovery requests; pull

materials for Tim Durst to review regarding same; prepare

transmittal letter to Charlie Gale returning mail for Mr. Davis

that was accidentally caught by Post master in Baldwyn

Mississippi in the Holt mail; pull additional pleadings and

review correspondence for Tim Durst.

08/28/09 M C Wood 1.10 Made two more rounds of revisions to the Little Eagle

documents to reflect David Arlington's and Brendan Day's

comments; Prepared the documents for filing.

08/28/09 A F York 4.10 Conference call with FTI and Arlington regarding document

and data review; conference call with FTI, Arlington, Day

regarding proceeds issues; reviewed and responded to account

holder inquiries; emails with FTI and Stanford Eagle regarding

same and proceeds issues; reviewed real estate issues regarding

Baldwyn properties; numerous emails regarding same;

reviewed correspondence with Stanford Trust account holders.

08/29/09 D T Arlington .30 Reviewed potential summary judgment grounds.

08/30/09 D T Arlington 1.30 Reviewed potential summary judgment issues; addressed

account release issue; reviewed FTI analysis issues; researched







408

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 342 of 377

Page 341









Hours Description

regarding Examiner inquiries.

08/30/09 B A Day 1.00 Drafted brief memo to David Arlington

REDACTED







.

08/30/09 R C Lewis 4.60 Drafted and revised motion for sale of HSS investment based

on new information from Park Hill Group; revised motion for

sale of InSound and Memphis Biomed Investment; reviewed

new filings in SEC main case.

08/30/09 R H Wood 1.40 Researched whether or not Receiver has standing

REDACTED ;

corresponded with B. Day and K. Sadler regarding the same.

08/31/09 D T Arlington 4.70 Reviewed issues relating to bulk transfer motion; reviewed

materials relating to STC account closures; addressed Farmers

negotiation; researched regarding relief defendants; addressed

relief defendant inquiries; addressed Examiner inquiries;

telephone conference with FITS regarding same; addressed

coin company issues; addressed account release issues;

coordinated with team regarding broker discovery and

document review.

08/31/09 B A Day 4.80 Drafted motion for summary judgment REDACTED



.

08/31/09 L E Dodge 1.50 Supplemented financial adviser database.

08/31/09 T S Durst .60 Attention to issues regarding upcoming hearing and matters for

report to court; consideration of issues regarding new lawsuits.

08/31/09 J S Fitzwater 2.50 Monitoring court filings and assisting attorney team to

coordinate reception of filings to appropriate members;

updating pleadings indices in the ('298) SEC v. Stanford

matter; updating hosted filings on the Extranet website;

updating the tracking charts of filings entered by the parties;

and organizing support files for the litigation team.

08/31/09 J R Knight 3.90 Worked on Appellant's's brief; drafted arguments regarding

REDACTED ; drafted arguments regarding

other elements of injunction claim.

08/31/09 R C Lewis 2.40 Revised motions for sale of private equity interests, including

HSS, Memphis Biomed, and InSound; circulated same to

working group; conference with John Greer regarding status of

REDACTED deals; reviewed plea agreement

and orders entered at Davis arraignment hearing.

08/31/09 K M Sadler 9.30 Consultations with client; conference with Cooper regarding

Galleria case; conferences with Arlington regarding FTI data







409

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 343 of 377

Page 342









Hours Description

and pleadings strategy; conference with Ayers regarding

pending motions; reviewed communications from investor

counsel; reviewed pleadings received; reviewed draft motion

REDACTED ; reviewed issues regarding examination of broker

files; reviewed draft communications to investors; reviewed

issues regarding REDACTED bulk transfer motion; reviewed

issues regarding 5th circuit appeal; reviewed issues

REDACTED ; reviewed information regarding asset

sales; conference with SCC regarding asset inventory and

related issues; reviewed issues and strategy regarding broker

claims; reviewed issues regarding Ft. Lauderdale subpoena

08/31/09 K Scanlan 1.90 Office conference with Tim Durst regarding upcoming filings;

pull materials relating to new suit filed inn Northern District

regarding insurance filed by Pulman attorney group; prepare

materials regarding specific new motions and suits filed

recently for Tim Durst; review request for materials from Mary

Scott; locate materials requested, download, format and

forward to Mary Scott.

08/31/09 A F York 5.00 Conference with Arlington and L. Dodge regarding document

and data review; preparation for same; reviewed broker

complaint; prepared and filed Reply in support of joint motion

regarding coin and bullion; responded to account holder

inquiries; discussed same with FITS and Stanford Eagle;

emails regarding Baldwyn properties; reviewed docket sheet

and upcoming deadlines; finalized research on fraudulent

transfer claims.

Matter Total 3,862.90





079716.0118 Switzerland Matters

Hours Description

06/02/09 W F Stutts, Jr. .40 Reviewed status of question from Florence Pastore regarding

position to be taken with K. Blumenschein for response and

prepared response for Ms. Pastore; related communications

with Ms. Blumenschein regarding status in Switzerland.

06/03/09 W F Stutts, Jr. .80 Reviewed with Ms. Pastore (Altenburger) updated information

on progress of Swiss proceeding in FINMA and issues raised;

communications with Mr. Cooper on the FINMA impacts.

06/04/09 S W Cooper .20 Reviewed material to be filed on receivership authorization.

06/04/09 W F Stutts, Jr. 1.90 Communication regarding developments with Ms. Sambeth

Glasner and Ms. Pastore; reviewed draft opposition submitted

by Ms. Pastore; communications with her regarding same;









410

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 344 of 377

Page 343









Hours Description

transmittal of comments on same.

06/05/09 W F Stutts, Jr. 1.40 Communication of comments and questions to Swiss counsel

regarding FINMA application.

06/09/09 S W Cooper 1.00 Attended to issues regarding building sale.

06/09/09 W F Stutts, Jr. 2.20 REDACTED

;

communications with Ms. Peregrina and provision of

information on case status in other than her jurisdictions;

addressed facts to clarity procedures and status on property sale

by Swiss liquidators of Swiss subsidiary.

06/10/09 S W Cooper 1.40 Worked with Steve Massad REDACTED ;

telephone conference with Bill Stutts on receiver recognition

issues.

06/10/09 W F Stutts, Jr. .90 Prepared statement explaining sale of Swiss property by Swiss

liquidators of Swiss subsidiary; reviewed information

regarding Swiss financial statements.

06/11/09 S W Cooper .40 Attended to issues regarding building sale.

06/16/09 S W Cooper .30 Worked on issues regarding recognition filings in Switzerland.

06/16/09 W F Stutts, Jr. 1.10 Information from Ms. Pastore on FINMA letter received today;

reviewed status and open issues and points to be covered to

respond to questions from regulator.

06/17/09 S W Cooper 1.20 Telephone conference with Bill Stutts regarding status of Swiss

issues; attended to issues regarding receivership recognition;

attended to issues regarding building sale.

06/17/09 W F Stutts, Jr. .40 Additional communications with Altenburger on FINMA

requirements and questions including status and time frames.

06/18/09 S W Cooper .40 Telephone conference with Swiss counsel regarding status of

matters.

06/18/09 W F Stutts, Jr. .40 Several communication with Ms. Sambeth Glasner regarding

status of proceedings in CH reviewed and translated and

distributed information from Ms. Pastore on FINMA

procedures.

06/19/09 S W Cooper .40 Exchanged email with Bob Howell regarding additional

material to supply Swiss counsel REDACTED .

06/19/09 W F Stutts, Jr. 1.20 Reviewed additional information and provisions regarding

Swiss letter from Ms. Pastore and additional points for

inclusions in filing; addenda to transmittal and information

regarding indictment; worked on transmittal of documents

related to receiver response to Chapter 15 motion.







411

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 345 of 377

Page 344









Hours Description

06/22/09 S W Cooper .20 Attended to developments regarding recognition motion.

06/24/09 W F Stutts, Jr. .30 Reviewed new information from Switzerland regarding

proceedings before FINMA.

06/26/09 W F Stutts, Jr. .30 Additional information received from CH regarding extension

for filing of observation regarding Antiguan liquidators

statement.

07/08/09 S W Cooper .20 Attended to Swiss receiver recognition issues.

07/13/09 W F Stutts, Jr. .80 Arrangements for documentation to Swiss counsel to

encourage fuller presentation of issues.

07/13/09 W F Stutts, Jr. .80 Reviewed and analyzed issue raised by Mrs. Sabati of Swiss

FINMA and instructed Mr. A. Turner REDACTED









07/14/09 W F Stutts, Jr. 2.20 SWITZERLAND Pastore.

07/14/09 A S Turner 1.20 Researching U.S. insolvency regimes

REDACTED

; drafting

memorandums in connection with same.

07/15/09 S W Cooper .40 Revised proxy for shareholder meeting; reviewed material from

Swiss counsel.

07/15/09 A S Turner 5.90 Researching REDACTED







; drafting

memorandums in connection with same.

07/16/09 J A Cialone, II .80 Attention to Swiss asset developments; related calls and emails.

07/16/09 W F Stutts, Jr. 1.70 Switzerland; fp and Bob Howell; reviewed information

regarding shareholder meeting and consent to information

receipt; obtained same.

07/16/09 W F Stutts, Jr. .80 Reviewed information from Mr. Turner REDACTED



.

07/16/09 A S Turner 5.20 Researching REDACTED







; drafting

memorandums in connection with same.

07/17/09 M E Burnett .70 Obtained manual on foreign bank branches issued by the OCC

for Bill Stutts.

07/17/09 W F Stutts, Jr. 1.30 Proxy; from Pastore regarding question from FINMA;









412

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 346 of 377

Page 345









Hours Description

instructions to Aaron Turner; outline of issue; communications

with Lisa Villarreal on position of Fed.

07/17/09 W F Stutts, Jr. .30 Communications with Ms. Pastore regarding request from Mr.

Lamon (at the CH federal prosecutor's office).

07/17/09 A S Turner 1.30 REDACTED







; drafting

memorandums in connection with same.

07/20/09 W F Stutts, Jr. 2.40 Reviewed issues requested by FINMA and addressed questions

REDACTED ; telephone conferences

with Ralph Janvey and Kristie Blumenschein regarding same;

brief communications with Mr. Cialone and Mr. Howell

regarding documentation, status, and issues to be covered;

communications with Ms. Pastore regarding same.

07/20/09 W F Stutts, Jr. 2.40 Communications with Mr. Janvey and leaders in representation

regarding status and specific positions being taken in Swiss

recognition proceedings.

07/21/09 M E Burnett .20 Searched for OCC manual for Bill Stutts.

07/21/09 J A Cialone, II 1.00 Attention to Swiss developments and related emails

07/21/09 W F Stutts, Jr. .40 Communications with Ms. Pastore.

07/21/09 A S Turner .70 Researching, drafting and revising two memos and one letter

addressed to FINMA relating to: REDACTED









.

07/22/09 W F Stutts, Jr. 4.80 Description of U.S.> insolvency processes and distribution

REDACTED .

07/22/09 A S Turner 1.50 Researching, drafting and revising two memos and one letter

addressed to FINMA relating to: REDACTED









413

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 347 of 377

Page 346









Hours Description





07/23/09 A S Turner 1.20 Researching, drafting and revising two memos and one letter

addressed to FINMA relating to: REDACTED









07/24/09 W F Stutts, Jr. 1.90 Instructions to Aaron Turner regarding analysis and worked on

background information for analysis to FINMA.

07/24/09 W F Stutts, Jr. .80 Reviewed and compared priorities in insolvency in CH and

communications with Ms. Pastore regarding same; continued

review of the three statutes REDACTED

.

07/24/09 A S Turner 1.50 Researching, drafting and revising two memos and one letter

addressed to FINMA relating to: REDACTED









07/27/09 A S Turner 1.80 Researching, drafting and revising two memos and one letter

addressed to FINMA relating to: REDACTED









07/28/09 A S Turner 3.10 Researching, drafting and revising two memos and one letter

addressed to FINMA relating to: REDACTED









414

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 348 of 377

Page 347









Hours Description









07/29/09 W F Stutts, Jr. 1.80 Analyse studied Notice of Allowance, reporting on a broad

allowed claim, consideration to a possible divisional

application and description; Aaron Turner.

07/29/09 A S Turner 1.10 Researching, drafting and revising two memos and one letter

addressed to FINMA relating to: REDACTED









07/31/09 W F Stutts, Jr. 2.20 Effect of 7 31 statements; worked on analysis.

08/01/09 W F Stutts, Jr. .60 Reviewed with Ms. Blumenschein status of proceedings in

Switzerland and scope of open issues as to asset freezes in light

of statements from SEC that there is no US DOJ freeze in

Switzerland.

08/02/09 A S Turner 4.90 Researching, drafting and revising two memos and one letter

addressed to FINMA relating REDACTED









08/03/09 W F Stutts, Jr. 3.70 Communications with Ms. Sambeth Glasner regarding

observations as to state of affairs in Switzerland and

comparison with reports from Switzerland; instructions to Mr.

Turner regarding responses to FINMA REDACTED





;reviewed with Mr. Janvey and Mr.

Cialone the report as to recent activities and information in

Switzerland.

08/04/09 W F Stutts, Jr. 3.90 Reviewed and commented on documentation and cases

provided and discussion prepared to submit to FINMA; several

instructions to Mr. Turner regarding same; telephone

conference with Mr. Arevalo and Mr. Romero and related

communications with Mr. Janvey.

08/04/09 A S Turner 2.70 Researching, drafting and revising two memos and one letter

addressed to FINMA REDACTED









415

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 349 of 377

Page 348









Hours Description









08/05/09 M E Burnett .70 Searched for decisions under the UNCITRAL model law

REDACTED



request of Bill Stutts.

08/05/09 S W Cooper .20 Attended to Swiss issues regarding issues for recognition

proceedings.

08/05/09 W F Stutts, Jr. 2.80 Reviewed information for additional response to FINMA per

the request from them and instructed Mr. Turner on additional

information and discussions in documents regarding bank

insolvency, coordination, Ch 15 recognition.

08/05/09 W F Stutts, Jr. .90 Reviewed information from Swiss counsel regarding status of

funds, interpretation of Swiss laws relevant to the proceeding

and relevant to the questions posed by FINMA.

08/05/09 A S Turner 2.40 Researching, drafting and revising two memos and one letter

addressed to FINMA REDACTED









08/06/09 R I Howell .40 Reviewed correspondence from Swiss counsel.

08/06/09 W F Stutts, Jr. 2.60 Instructed Mr. Turner on points related to discussion of points

in US law section on submission and related inquiry into

question of additional accounts that may be in Switzerland;

reviewed underlying cases and information REDACTED



08/06/09 A S Turner 3.40 Researching, drafting and revising two memos and one letter

addressed to FINMA REDACTED









08/08/09 W F Stutts, Jr. 5.20 Worked with Mr. Turner on points related to foreign banks and

branch/agency in U.S. (for FINMA submission) and reviewed

authorities and legislative history materials in regulatory

context; SIPC information for responses to Mrs. Sabeti

08/09/09 W F Stutts, Jr. 4.60 Reviewed new matters related to pleadings in Switzerland and

communications with Mr. Turner and Ms. Pastore re those

issues.

08/10/09 W F Stutts, Jr. 3.90 Wrote submission to FINMA regarding U.S. law.

08/10/09 A S Turner 4.80 Researching, drafting and revising two memos and one letter









416

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 350 of 377

Page 349









Hours Description

addressed to FINMA REDACTED









08/11/09 W F Stutts, Jr. 3.90 Analyzed issues (first impression) regarding scope of Chapter

15 and other bank resolutions procedures.

08/12/09 W F Stutts, Jr. 3.40 Reviewed status of matters in Switzerland and

REDACTED .

08/12/09 A S Turner 5.90 Drafting and revising the letter to FINMA based on comments

from Mr. Stutts and Altenberger; compiling footnote

attachments and reviewing for substance; responding to

questions posed by Altenberger related to initial drafts of the

letter.

08/13/09 R I Howell 1.80 Reviewed Bill Stutts' proposed submission to the FNMA in

Switzerland and suggested changes in same.

08/13/09 W F Stutts, Jr. 2.90 Reviewed new information related to accounts and Swiss

position regarding them.

08/14/09 W F Stutts, Jr. 3.90 Analyzed issues for REDACTED







; extended communications with Mr. Turne on

analysis, review of relevant provisions of 12 USC and

regulatory policy in the U.S. states and federal levels.

08/14/09 A S Turner 2.80 Drafting and revising the letter to FINMA based on comments

from Mr. Stutts and Altenberger; researching additional case

law REDACTED









08/15/09 W F Stutts, Jr. 3.20 Communications from Mr. Turner and Ms. Pastore; addressed

issues of limited effect of known freezes.

08/15/09 A S Turner 3.80 Drafting and revising the letter to FINMA based on comments

from Mr. Stutts and Altenberger; researching additional

substantive matters as necessary based on comments.

08/16/09 W F Stutts, Jr. 5.80 Report from Ms. Pastore regarding status.

08/16/09 A S Turner 4.00 Drafting and revising the letter to FINMA based on comments

from Mr. Stutts and Altenberger; reviewing and summarizing

class action complaint filed in Antigua; researching

REDACTED









08/17/09 W F Stutts, Jr. 3.30 Memorandum/brief to FINMA; related instructions to Mr.

Turner; several communications with Ms. Pastore on terms and

language particular attention to issues related to legislative









417

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 351 of 377

Page 350









Hours Description

intent and drafting understanding of bank regulatory structure;

reviewed SIPC response and information because Mrs. Sabeti

had specifically asked about its availability; related telephone

conferences with Mr. Janvey on the SIPC ruling.

08/20/09 W F Stutts, Jr. .80 Communications with Ms. Pastore regarding upcoming

meetings and discussions with SFP and related

communications with Mr. Howell.

08/22/09 W F Stutts, Jr. .40 Reviewed background information at request of receiver and

Ms. Romero.

08/26/09 W F Stutts, Jr. .60 Reviewed with Birgit Sambeth Glasner points related to

meeting August 25 with FPO and reviewed information from

Ms. Pastore regarding same.

08/27/09 S W Cooper .20 Reviewed update on Swiss issues.

08/27/09 W F Stutts, Jr. .60 Reviewed information regarding Davis plea and worked to

obtain information REDACTED



08/31/09 W F Stutts, Jr. .90 Reviewed information with Ms. Sambeth Glasner regarding

new information received from governmental agencies and

interpretation of their commentary x

Matter Total 165.10





079716.0121 Examiner Issues

Hours Description

06/01/09 T M Davis .90 Read response to Examiner report; read emails re same.

06/01/09 S A Massad 4.00 Reviewed and commented on response to Examiner report;

various telephone conferences and e-mail correspondence

regarding same; reviewed cases.

06/02/09 D T Arlington 1.90 Conferences with team regarding response to Examiner's report

and worked on same.

06/02/09 S A D Ayers 4.00 Conducted research and drafted Response to Examiner's Report

and Recommendation No. 1.

06/02/09 H M Chappel 4.00 Compiled and prepared case law cited in Receiver's Response

to Examiner's Report and Recommendation No. 1 in

preparation for cite check and filing with the court.

06/02/09 J A Cialone, II .50 Attention to response to examiner report.

06/02/09 L C Fluker 2.80 Attending meeting with Katherine Hinton regarding cite

checks; began checking cites in portion of Response to

Examiner's Report and Recommendation No. 1, including







418

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 352 of 377

Page 351









Hours Description

reviewed opinions to confirm that quotes are correct;

downloaded email communications to update correspondence

file and organized hard copies of correspondence to update

correspondence file; updated Excel tracking chart with

information on recent communications.

06/02/09 S A Massad 3.00 Reviewed and commented on response to Examiner report;

reviewed Examiner filing; reviewed other filings.

06/02/09 E D Reeder 1.60 Attended meeting to discuss cite-check of response to

examiner's report and recommendation; began reviewing the

document in preparation for cite check.

06/02/09 K M Sadler 1.20 Reviewed communications from Examiner regarding various

matters affecting/concerning account release/review process

issues

06/02/09 R H Wood 1.70 Researched and provided proper pinpoint citations for the

response to the examiner.

06/03/09 D T Arlington .80 Worked on response to Examiner's report.

06/03/09 L C Fluker 1.10 Completed checking cites in portion of Response to Examiner's

Report and Recommendation No. 1, including reviewed

opinions to confirm that quotes are correct.

06/03/09 S A Massad 3.50 Participated in conference call regarding response to Examiner;

drafting regarding same.

06/03/09 E D Reeder 7.30 Continued verifying citations and quotations to legal authorities

in response to examiner's report and recommendation;

reviewed Dan Rohleder's and Lawrence Fluker's revisions to

same; direction from Radney Wood; made revisions to the

document.

06/04/09 D T Arlington 1.70 Worked on response to Examiner's report; reviewed financial

data for same; exchanged email with team regarding response.

06/04/09 S A D Ayers 1.80 Conducted research and drafted Response to Examiner's Report

and Recommendation No. 1.

06/04/09 J A Cialone, II .80 Attention to draft filing related to examiner report.

06/04/09 L C Fluker 1.80 Completed checking cites in portion of Response to Examiner's

Report and Recommendation No. 1, including reviewed

opinions to confirm that quotes are correct; continued

reviewing Response to determine if accurate long and short

citation forms have been applied; conferred with Ellen Reeder

regarding additional tasks to be completed before filing of

Response; conferred with David Arlington regarding final

revisions to Response.









419

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 353 of 377

Page 352









Hours Description

06/04/09 S A Massad .70 Reviewed and commented on draft response to Examiner

report.

06/04/09 E D Reeder 2.20 Continued verifying citations and quotations in response to

receiver's report and recommendation.

06/05/09 D T Arlington 1.70 Worked on, finalized and coordinated filing of response to

examiner's report.

06/05/09 S A D Ayers 1.90 Edited, finalized and filed Response to Examiner's Report and

Recommendation No. 1.

06/05/09 T S Durst .30 Work on matters regarding response to examiners report.

06/05/09 L C Fluker 3.60 Assisted in finalizing and filing Response to Examiner's Report

and Recommendation No. 1, including completed review of

final draft to confirm that accurate long and short citation

forms have been applied, made revisions to citations in portion

of Response; advised Ellen Reeder of which portions have been

revised; conferred with David Arlington regarding availability

of document to be finalized; made final proofread of Response

to confirm that all cites are complete and all necessary data has

been added; prepared Appendix cover page; worked with Dan

Rohleder to scan and label appendix materials; provided

Appendix to Barbara Martin for filing; conferred with Barbara

Martin and Sue Ayers regarding creation of table of authorities

and table of contents.

06/05/09 S A Massad 1.50 Finalized review and comments on response to Examiner.

06/05/09 K M Sadler .50 Reviewed inquiries from examiner and information related to

responses

06/08/09 C N Adams 1.10 Telephone conference with working group regarding issues

raised by examiner; reviewing materials regarding same.

06/08/09 J A Cialone, II .80 Calls and emails related to the upcoming meeting with the

Examiner.

06/08/09 J A Cialone, II .80 Other calls and emails in preparation for meeting with

Examiner; meeting to prepare for Examiner meeting Tuesday.

06/08/09 T M Davis 1.10 Reed emails re responses to Examiner inquiries.

06/08/09 S A Massad .50 Participated in portion of conference call to prepare for meeting

with Examiner.

06/09/09 C N Adams 3.10 Call to discuss issues for examiner call; conference with

examiner regarding outstanding issues.

06/09/09 J A Cialone, II 1.80 Reviewed Examiner's response to Receiver's real estate motion;

calls and emails about this and other Examiner issues and

activities; call with team in advance of and call following







420

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 354 of 377

Page 353









Hours Description

Receiver's meeting with Examiner in Dallas; considered

responses to demands made by Examiner and the costs of

doing all he has demanded.

06/09/09 T M Davis 2.60 Pre-call with R. Janvey et al.; call with Examiner; discuss call

with M. Lovett and J. Cialone.

06/09/09 S A Massad .30 Participated in portion of conference call to prepare for

Examiner meeting.

06/09/09 K M Sadler 3.50 Reviewed documents and issues in preparation for conference

with Examiner; consultations with Receiver; conference with

Examiner

06/11/09 J A Cialone, II .50 Drafted response to Examiner and SEC.

06/11/09 T M Davis .30 Coordinate reply to Receiver's questions regarding Pershing

stipulation.

06/12/09 J A Cialone, II .80 Attention to Examiner issues and court papers.

06/13/09 J A Cialone, II 1.20 Reviewed Examiner's reply to Receiver's response to

Examiner's report; related calls and emails.

06/15/09 J A Cialone, II .80 Reviewed Examiner comments regarding Receiver's SIPC

proposed website FAQ; related calls and emails.

06/17/09 C N Adams .80 Reviewing issues identified by the examiner.

06/18/09 J A Cialone, II .60 Reviewed Little's email requests and discussed handling.

06/18/09 K M Sadler 1.40 Reviewed emails from examiner and reviewed issues and

information regarding responses; reviewed and responded to

several emails from examiner regarding account release issues;

conference with Lovett regarding examiner inquiry; conference

with Arlington regarding account review process issues

06/19/09 J A Cialone, II .80 Reviewed Examiner's questions about accounts and coins and

responses thereto.

06/19/09 K M Sadler 1.60 Reviewed and revised draft memorandum to Examiner

responding to various issues and inquiries received concerning

account freeze and review; reviewed account information

regarding examiner inquiries

06/20/09 K M Sadler 1.00 Reviewed issues regarding Examiner inquiries regarding

account review and release; email to Examiner; reviewed

related information from M. Lovett; reviewed issues regarding

Coin and Bullion matters regarding Examiner inquiry regarding

status of protocol

06/21/09 K M Sadler 1.00 Reviewed examiner inquiry regarding Causey account;

reviewed emails to/from account review team regarding









421

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 355 of 377

Page 354









Hours Description

background and status; reviewed other account release issues

and information

06/25/09 S A D Ayers 1.00 Prepared outline for hearing on Examiner's Report and

Recommendation No. 1.

06/26/09 S A Massad 1.00 Reviewed and responded to Examiner questions regarding

SIPC.

06/27/09 S A D Ayers .50 Prepared correspondence to John Little in response to questions

regarding frozen accounts.

06/27/09 K M Sadler .20 Reviewed and responded to email correspondence from

Examiner regarding investor and FA accounts; emails to

Arlington and financial team regarding inquiries

06/29/09 J A Cialone, II 1.00 Reviewed and considered emails from Examiner demanding

various reports and other information, and related cost-benefit

analysis of responding to Examiner rather than working on

account review process.

06/29/09 S A Massad 1.20 Further study on SIPC issues; e-mail correspondence regarding

same.

06/30/09 S A Massad 3.00 Further study on SIPC issue; drafted memorandum regarding

same; office conference with Justin Mogford to explain issue

and direct research.

07/01/09 S A Massad .70 Further study on SIPC issues; various telephone conferences

regarding same.

07/02/09 S A Massad 3.30 Worked on SIPC issues in response to Examiner's e-mail

correspondence; reviewed cases; revised memorandum.

07/03/09 J A Cialone, II .80 Reviewed and responded to Examiner's extensive questions by

email.

07/06/09 J A Cialone, II .80 Attention to Examiner issues.

07/07/09 S A Massad 1.30 Revised memorandum regarding SIPC issues; various e-mail

correspondence regarding same.

07/08/09 J A Cialone, II 1.10 Attention to Examiner issues.

07/09/09 J A Cialone, II 1.80 Attention to Examiner issues and emails.

07/09/09 S A Massad .30 Attention to SIPC memorandum.

07/10/09 J A Cialone, II 1.00 Calls and emails about Examiner Reports.

07/10/09 J A Cialone, II .40 Reviewed Examiner's first fee application and related emails.

07/10/09 S A Massad 2.00 Revised SIPC memorandum; talked to SIPC personnel; e-mail

correspondence to Examiner.









422

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 356 of 377

Page 355









Hours Description

07/21/09 K M Sadler 1.10 Reviewed account status inquiries; correspondence to client

regarding examiner inquiries; conferences with Lovett

regarding examiner inquiries on various issues

07/23/09 J A Cialone, II .70 Attention to SIPC issues and responses to Examiner's

questions.

07/30/09 J A Cialone, II .80 Attention to examiner issues and communications.

08/02/09 J A Cialone, II .90 Attention to Examiner email requests.

08/26/09 J A Cialone, II .80 Attention to requests from Examiner.

08/27/09 K M Sadler .50 Reviewed issues regarding inquiries by examiner; emails to

legal and financial team members regarding examiner

questions and responses

Matter Total 109.40





079716.0122 Motion to Disqualify

Hours Description

06/16/09 S A Massad 1.00 Various telephone conferences and e-mail correspondence

regarding motion to disqualify Baker Botts.

06/17/09 S A Massad 1.00 Attended to disclosure regarding motion to disqualify Baker

Botts; various telephone conferences and e-mail

correspondence regarding same.

06/18/09 J B Lawrence 5.70 Research related to response to motion to disqualify Receiver's

counsel.

06/20/09 J B Lawrence 2.50 Continue researching and drafting response to motion to

disqualify Baker Botts.

06/21/09 J B Lawrence 2.00 Continue researching and drafting motion to disqualify Baker

Botts.

06/23/09 S A Massad .70 Reviewed draft; various telephone conferences.

06/24/09 S A Massad .40 Various telephone conferences and e-mail correspondence

regarding issues and status.

06/25/09 T S Durst 1.00 Review of draft brief in response to motion to disqualify and

conference with Mr. Cialone and Mr. Lamb regarding same.

06/25/09 J B Lawrence 1.10 Research related to response to motion to disqualify Baker

Botts.

06/26/09 C N Adams .80 Reviewing motion to disqualify.

06/26/09 S A Massad .50 Reviewed and commented on draft motion.









423

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 357 of 377

Page 356









Hours Description

06/27/09 T S Durst .80 Review and comment upon draft response to motion to

disqualify; communications with team regarding same.

06/27/09 S A Massad .50 Reviewed and commented on draft opinion.

06/27/09 K M Sadler 1.00 Reviewed and provided comments on draft motion; reviewed

briefing from other cases regarding legal issues

06/29/09 S A D Ayers 1.00 Conducted research for recent cases REDACTED









06/29/09 S A D Ayers 1.00 Conducted research for recent cases REDACTED









06/29/09 T S Durst 2.10 Work on response to Stanford disqualification motion;

conference with Mr. Lamb regarding same; attention to issues

regarding filing under seal.

06/29/09 J B Lawrence 8.20 Research law related to response to motion to disqualify Baker

Botts; edit response to Denison motion to reconsider and

prepare same for filing; draft motion for leave to file response

REDACTED , along with

accompanying appendix and proposed order.

06/29/09 S A Massad 1.00 Reviewed and commented on new draft; various telephone

conferences and e-mail correspondence.

06/29/09 K M Sadler 1.00 Conference with ayers regarding case research; emails to

cialone and lamb; reviewed and commented on response to

motion; conference with Cialone, Lamb and Durst regarding

motion response

06/30/09 T S Durst 1.40 Work on response to motion to disqualify Baker Botts.

06/30/09 S A Massad 1.00 Reviewed and commented on draft brief; various telephone

conferences and e-mail correspondence.

07/01/09 T S Durst .60 Work on issues regarding response to motion to disqualify;

preparation of revised order regarding same and conference

with court.

07/11/09 T S Durst .50 Call with team to discuss issues regarding Nunes deposition.

07/11/09 K M Sadler .50 Reviewed issues regarding discovery sought by RAS in support

of motion; reviewed issues regarding disqualification briefing

07/17/09 S A Massad .70 Reviewed filing by Allen Stanford; various e-mail

correspondence regarding same.

07/20/09 C N Adams .60 Telephone conference regarding motion to disqualify.

07/20/09 K M Sadler .80 Reviewed redacted reply brief; correspondence to opposing

counsel; conference with J. Cialone and G. Lamb









424

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 358 of 377

Page 357









Hours Description

07/21/09 S A Massad .30 Various e-mail correspondence.

07/22/09 C N Adams .40 Call with working group regarding motion to disqualify.

07/22/09 S A Massad 1.00 Participated in conference call regarding reply to

disqualification motion; reviewed e-mail correspondence.

07/22/09 K M Sadler .50 Reviewed outline of issues for letter brief; conference with

Lamb and Cialone regarding issues to be briefed to the Court

07/23/09 C N Adams .80 Conference with Joe Cialone and Kevin Sadler regarding

motion to disqualify; revising response regarding same.

07/23/09 K M Sadler .80 Reviewed and commented on letter brief to the court;

conferences with Lamb and Cialone regarding letter brief

07/24/09 C N Adams .60 Reviewing letter regarding motion to disqualify; telephone

conference with Kevin Sadler regarding same.

07/26/09 S A Massad .30 Various e-mail correspondence regarding disqualification

motion.

07/26/09 K M Sadler .30 Correspondence with counsel concerning proposed motion to

supplement; reviewed motion; emails to Lamb and Cialone

07/27/09 K M Sadler .40 Reviewed issues regarding further reply brief filed by RAS

counsel regarding Guardian file

08/31/09 K Scanlan .60 Pull copies of filings relating to Stanford's motion to disqualify

to provide Tim Durst with needed information.

Matter Total 45.40





079716.0123 Canada Litigation Matters

Hours Description

08/01/09 W F Stutts, Jr. .50 Reviewed with Ms. Blumenschein status of proceedings in

Canada and scope of stated open questions from ONtario court

and Ontario AG.

08/03/09 W F Stutts, Jr. .90 Reviewed with Mr. Hendy points related to Vantis opposition

of AMF intervention and worked on related strategy; reviewed

with Mr. Janvey and Mr. Cialone the report as to recent

activities and information in Canada.

08/04/09 W F Stutts, Jr. .80 Reviewed proposed REDACTED



; several communication

with Ms. Khalaf regarding same and questions on use to which

agreements will be put in hearing.

08/05/09 W F Stutts, Jr. 1.90 CANADA Reviewed information from George Hendy

regarding developments in Quebec proceeding and response on







425

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 359 of 377

Page 358









Hours Description

points related to the deliverables from that hearing; reviewed

information in the pleading filed and additional points for

clarification and addressed developments; reviewed

information from Sonia Bjorkquist regarding Ontario and status

of funds and orders in Ontario.

08/06/09 W F Stutts, Jr. 1.70 Information from Mr. Hendy regarding changes in admission

and initial questions regarding ownership of additional servers;

reviewed affidavit of Sebastian Garon and posed questions

related to specific scope of certain statements; several

communications with Ms. Kahlaf regarding Vantis admissions;

additional points from Mr. Hendy on filings and requests for

agreement from Vantis lawyer.

08/07/09 R I Howell 3.50 Reviewed update from Canadian counsel and read Canadian

proceeds of crime case law provided; reviewed REDACTED

; reviewed 5th Circuit case; reviewed Vantis's

brief in U.K. criminal freeze appeal.

08/07/09 W F Stutts, Jr. .90 Information from Mr. Howell regarding forfeiture in Canada,

MLAT and transcription notes and impact in Canada.

08/13/09 R I Howell .70 Reviewed email from Canadian counsel regarding Alberta

proceeding.

08/17/09 R I Howell .40 Telephone conference with Tris Mallett, lead Canadian

counsel; reviewed various items of correspondence regarding

foreign assets.

08/18/09 R I Howell .70 Reviewed new Hamilton-Smith and Glosband affidavits

submitted by Vantis in the Canadian action.

08/19/09 R I Howell 4.00 Telephone conference with Karyl Van Tassel and others at FTI

regarding new Hamilton-Smith affidavit; conference call with

Canadian lawyers regarding same; conference call with

Canadian lawyers and Karyl Van Tassel regarding same;

telephone conference with Bill Stutts regarding meeting on

status of foreign matters.

08/19/09 W F Stutts, Jr. .90 CANADA: Communications with Osler regarding upcoming

hearings in Montreal and additional evidence and

communications with Mr. Howell regarding same.

08/20/09 R I Howell 3.40 Drafted Karyl Van Tassel affidavit for Canadian action;

reviewed email correspondence from FTI for use in same;

reviewed material from Canadian counsel.

08/20/09 W F Stutts, Jr. .70 CANADA: Reviewed details of hearings and changes proposed

related to same and proposals from judge for summaries.

08/20/09 W F Stutts, Jr. .70 CANADA: Worked on definitional and scope information from

cases REDACTED







426

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 360 of 377

Page 359









Hours Description

.

08/21/09 R I Howell 6.70 Worked on Karyl Van Tassel affidavit for Canadian action and

commented on Canadian brief; telephone conferences with

Karyl Van Tassel and others at FTI and with George Hendy

regarding the affidavit.

08/22/09 R I Howell 2.80 Reviewed more Leroy King correspondence to Stanford found

in St. Croix; drafted arguments for Canadian counsel's use in

rebutting new Glosband affidavit filed by the Antiguan

Liquidators.

08/22/09 W F Stutts, Jr. 1.40 Reviewed scope of proceedings, statutory information;

background information at request of receiver and Ms.

Romero.

08/22/09 R H Wood .30 Spoke with B. Stutts regarding Canada seizure of Stanford

funds; discussed receiver's ability to "represent" investors.

08/23/09 W F Stutts, Jr. 3.30 CANADA: Reviewed information for current dispute on

information for customers and identified prior disclosures to

the Vantis liquidators; reviewed draft presentation and

provided comments on same; several communications with Mr.

Hendy and Mr. Howell related to that; reviewed additional

elements of proceeding in Canada including prior affidavits

and new information; reviewed commentary related to Antigua

data secrecy laws.

08/24/09 R I Howell .20 Reviewed correspondence regarding Canadian proceeding.

08/24/09 W F Stutts, Jr. 12.20 Worked on trial preparation with Mr. Hendy, Mr. Nadeau

Ouellett, Mr. Derosiers; reviewed new information and

arguments written and developed responses and commentary

on same; examined positions taken by Antiguan liquidators and

responses to same.

08/25/09 R I Howell .40 Reviewed correspondence regarding the Canadian proceeding;

telephone conference with Bill Stutts and Martin Derosiers

regarding scope of the stay in the U.S. Receivership order.

08/25/09 W F Stutts, Jr. 4.60 Participated in hearing in Superior Court on

REDACTED









reviewed

with Mr. Hendy and assistance points related to COMI

particularly as seen in other jurisdictions; presented

information on other foreign proceedings; developed and

provided descriptions of status, issues, and information related

to the situation in Quebec.









427

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 361 of 377

Page 360









Hours Description

08/26/09 R I Howell 1.80 Obtained various information needed by counsel trying the

Canadian case.

08/26/09 W F Stutts, Jr. 7.70 Participated in hearing in Montreal (issues involved

particularly status of U.S. proceeding motion, U.S. cases as to

COMI, U.S. cases as to recognition of receivers); advised Mr.

Hendy and Mr. Des rosier REDACTED



, factual information from various affidavits and other

matters in preparation for hearing on August 27.

08/27/09 W F Stutts, Jr. 2.80 Examined matters related to Canadian rules on recognition and

provided information and assistance on same to Mr. Des rosier

and Mr. Nadeau Ouellett on those issues; additional

information to Mr. Hendy on status of matters in U.S. and U.S.

jurisprudence; report from Mr. Hendy and Mr. Des rosier

regarding directions of hearing and conclusion; examined

questions of coordination and different rulings; report to group

on present status; reviewed information about recent

developments in U.S. cases possibly affecting Canada case.

08/28/09 R I Howell .40 Office conference with Bill Stutts regarding Canadian

proceeding; reviewed email correspondence regarding same.

08/28/09 W F Stutts, Jr. .90 Provided information to Mr. Nadeau Ouellett related to judicial

discretion in US recognition proceedings and provided

information related to the same

08/28/09 W F Stutts, Jr. .40 Reviewed information from Mr. Thomas regarding new claim

against TD (dynasty furniture)

08/29/09 R H Wood .10 Spoke with B. Stutts regarding Canadian litigation.

08/30/09 R H Wood .20 Spoke with B. Stutts regarding research REDACTED



.

08/31/09 W F Stutts, Jr. 1.10 Provided input to Mr. Nadeau Ouellett regarding 1506 and

related information on US judicata discretion; additional

information from Mr. Thomas regarding Dynasty claim; related

communication with Mr. Howell regarding that claim and

possible additional claims.

08/31/09 R H Wood 4.90 Reviewed Ontario Attorney General's's seizure order; reviewed

REDACTED



; researched and

reviewed Canadian case law REDACTED

; research U.S. case law REDACTED

.

Matter Total 74.00









428

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 362 of 377

Page 361









079716.0124 UK Litigation Matters

Hours Description

08/01/09 J A Cialone, II .50 Several email exchanges with team about European account

situation.

08/01/09 R I Howell .40 Email correspondence regarding the proposed Motion to

Clarify Receivership order and regarding strategy relative to

the foreign funds.

08/01/09 W F Stutts, Jr. .40 Reviewed with Ms. Blumenschein status of proceedings in UK

and scope of open questions in proceedings in light of courts'

approach to discharge (lift) US government sponsored freezes

08/02/09 R I Howell .60 Further email regarding the proposed Motion to Clarify

Receivership order and regarding strategy relative to the

foreign funds.

08/03/09 R T Preston-Jone .80 Finalizing and sending letter to Cameron McKenna; email

received from Stuart Isaacs QC (barrister) re Court of Appeal

bundle and responding; email received from Bill Stutts Stutts

and Responding, including analysing Judgment of Kramer.

08/03/09 W F Stutts, Jr. 1.10 Reviewed with Mr. Janvey and Mr. Cialone the report as to

recent activities and information in UK; information exchanged

with Mr. Isaacs regarding reports of scope of protection in UK

and comparison against state of facts there.

08/04/09 R I Howell .50 Reviewed U.K. criminal restraint in connection with Bill Stutts'

question REDACTED

.

08/04/09 R I Howell 2.00 Reviewed U.K. criminal freeze judgment; reviewed and

commented on U.K. court of appeal draft skeleton argument;

correspondence with Ralph Janvey, et al.

08/04/09 D Krishan .60 Conference with Robin Preston-Jones re hearing on 18 August

2009 and submission of skeleton arguments.

08/04/09 R T Preston-Jone 4.10 Letter received from Cameron McKenna re Recognition

application in Antigua; circulating to team and conferring by

email; discussion with Bob Howell re restraint order and

sending same by email; receiving transcript of Kramer

judgment and circulating to team; conferring with Stuart Isaacs

QC (barrister) by email as to bundles for Court of Appeal;

email to Cameron McKenna re bundles; conferring with Bill

Stutts and Bob Howell re appointment of Georgina Peters;

telephone call from Nabarro re insurance policies and email to

Bill Stutts and Bob Howell re the same; Conferring with Dev

Krishnan as to representation.









429

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 363 of 377

Page 362









Hours Description

08/04/09 W F Stutts, Jr. .90 Worked on matters related to Restraint order in UK and several

communication with Mr. Preston-Jones and Mr. Howell;

communications regarding staffing and approvals.

08/05/09 J A Cialone, II .80 Several calls with Stutts and client about foreign accounts.

08/05/09 M S Kontopoulos 1.20 Delivering letter to Court of Appeal registry.

08/05/09 R T Preston-Jone 1.80 Considering and revising draft skeleton argument for Court of

Appeal; email received from Cameron McKenna regarding

bundle; preparing letter to Court of Appeal and completing

form.

08/06/09 R I Howell 3.90 Reviewed materials REDACTED



and

correspondence with U.K. counsel regarding same.

08/06/09 M S Kontopoulos .10 Taking instructions from R.Preston-Jones regarding

amendments to skeleton argument.

08/06/09 D Krishan 1.60 Finalising skeleton argument and preparing authorities and

pagination.

08/06/09 R T Preston-Jone 3.00 Email received from Cameron McKenna re bundle and

conferring with Stuart Isaacs QC (barrister) by email;

conferring with Dev Krishnan and paralegal regarding

bundling.

08/06/09 W F Stutts, Jr. .50 With Mr. Howell, examined POCA provisions

REDACTED .

08/07/09 M S Kontopoulos .50 Receipt of updated bundles; inserting new references into

skeleton arguments.

08/07/09 D Krishan 4.10 Liaising with barristers and counsel regarding bundles;

correspondence with Camerons regarding authorities and

finalising core bundles.

08/07/09 W F Stutts, Jr. .70 Reviewed with Mr. Howell developments in US.

08/10/09 R I Howell 6.00 Revised bullets for meeting with DOJ and SEC; reviewed

correspondence from U.K. counsel.

08/10/09 D Krishan 2.10 Liasing with barristers and answering queries regarding

authorities, bundle documents and correspondence.

08/10/09 W C Watts .50 Conducted research for Bill Stutts and Bob Howell regarding

cases involving cross border freezes of assets.

08/11/09 R I Howell 1.00 Sent Bill Stutts various documents concerning the U.K. freeze

proceedings; reviewed correspondence regarding the U.K.

proceedings and upcoming meeting with DOJ and SEC.









430

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 364 of 377

Page 363









Hours Description

08/11/09 D Krishan 1.80 Updating bundle after receiving additional documents from

Camerons; correspondence with barristers.

08/11/09 W C Watts 4.20 REDACTED









08/12/09 R I Howell .80 Telephone conference with investor/relief defendant; office

conference with Bill Stutts regarding U.K. and Swiss issues;

reviewed correspondence from U.K. counsel.

08/13/09 R I Howell 2.20 Reviewed SFO's brief in the U.K. appeal and sent observations

to Bill Stutts regarding same.

08/14/09 R I Howell 2.10 Correspondence with English counsel regarding lifting the SEC

freezing order to permit the transfer of SBP funds; sent Bill

Stutts proposed addition to letter to FNMA REDACTED







08/15/09 R I Howell 2.00 Worked on report on foreign proceedings, reviewed

correspondence on U.K. civil freeze issue.

08/17/09 R I Howell .40 Reviewed skeleton brief filed by Allen Stanford in U.K. action.

08/17/09 D Krishan 9.60 Preparing documents for hearing; liaising with Georgina Peters

and Stuart Isaacs; reviewing and finalising skeleton arguments

and bundles.

08/17/09 W F Stutts, Jr. .50 Participated in discussion regarding proposed ordering

paragraphs of order and provided suggestions for coordination

of responses.

08/18/09 R I Howell .30 Reviewed summary of English hearing in the SFO case.

08/18/09 W F Stutts, Jr. .80 Report from Mr. Isaacs regarding results of CA hearing and

continued erosion of SFO freeze in UK.

08/22/09 W F Stutts, Jr. .40 Reviewed background information at request of receiver and

Ms. Romero.

08/24/09 R T Preston-Jone 10.00 Reviewing emails and documents, including various telephone

calls, conference calls and emails sent and received.

08/25/09 R T Preston-Jone 1.40 Letter received from Addleshaws and telephone call to

Nabarro; email to Bill Stutts; email received from Stuart Isaacs

QC (barrister); budget received.

08/25/09 W F Stutts, Jr. .30 Responded to information and inquiry from Mr. Isaacs and

information from Mr. Preston-Jones.

08/26/09 R T Preston-Jone .60 Perusing various emails relating to Credit Suisse and

considering the same.









431

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 365 of 377

Page 364









Hours Description

08/27/09 R T Preston-Jone 3.30 Receiving and reviewing email received from Court of Appeal

attaching Order; marking calendar entries for deadlines; email

received from Cameron McKenna attaching affidavit of NHS

and considering same; email to team re affidavit; reviewing

Orders made in US proceedings.

08/27/09 W F Stutts, Jr. .30 Responded to SI and FI and Robin Preston-Jones regarding

developments and provided information to them related to new

information in U.S. cases.

08/28/09 R T Preston-Jone .70 Email received from Stuart Isaacs QC (barrister) re NHS

affidavit; email to Sir Clare Roberts re advice on Antiguan law.

08/28/09 W F Stutts, Jr. 1.30 Provided information REDACTED



to England; provided

information to England related to Davis plea agreement

Matter Total 82.70





079716.0125 Antigua Litigation Matters

Hours Description

08/02/09 J A Cialone, II .30 Attention to Antiguan real estate issues.

08/03/09 W F Stutts, Jr. .90 Provided to Clare Roberts status information and obtained from

him clearance; submitted information to Mr. Janvey for

execution and attended to transmittal of same to Antigua for

filing.

08/19/09 S W Austin .80 E-mail message from Bill Stutts regarding research

REDACTED ; sent e-mail message to Wes

Watts regarding same; reviewed REDACTED

to Bob Howell and Bill Stutts; reviewed Bob

Howell's reply.

08/19/09 W C Watts .80 Researched and provided written description

REDACTED .

08/22/09 W F Stutts, Jr. .40 Reviewed background information at request of receiver and

Ms. Romero.

08/25/09 W F Stutts, Jr. .40 Reviewed communication from Sir Clare Roberts and

developed and communicated questions regarding his status

and related points regarding filing of restriction on land.

08/26/09 W F Stutts, Jr. .30 Reviewed and commented on matters related to pending

litigation and counsel.

08/27/09 W F Stutts, Jr. .40 Reviewed inquiry from Clare Roberts and responded to him by

e-mail message and telephone with additional copies of RAS









432

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 366 of 377

Page 365









Hours Description

restrictions filed in Antigua.

Matter Total 4.30









433

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 367 of 377

Page 366









Lawyer Summary



TIMEKEEPER HOURS RATE TOTAL



Adams, C N 281.90 440.00 124,036.00

Akalski, J C 17.30 200.00 3,460.00

Arlington, D T 570.00 380.00 216,600.00

Austin, S W 156.60 400.00 62,640.00

Ayers, S A D 339.30 356.00 120,790.80

Bodron, M A 54.10 460.00 24,886.00

Brown, M W 267.00 324.00 86,508.00

Cafferty, J L 25.80 276.00 7,120.80

Cialone, II, J A 276.30 555.00 153,346.50

Cooper, S W 166.90 460.00 76,774.00

Davis, T M 56.20 555.00 31,191.00

Day, B A 628.10 260.00 163,306.00

Doty, J R 6.00 555.00 3,330.00

Durst, T S 94.20 555.00 52,281.00

Foster, J G 12.80 380.00 4,864.00

Gold, M A 77.30 460.00 35,558.00

Greer, J M 194.40 276.00 53,654.40

Hamner III, H T 44.80 340.00 15,232.00

Hollis, J R 34.30 212.00 7,271.60

Howell, R I 303.80 420.00 127,596.00

Hurd, M C 275.80 308.00 84,946.40

Husseini, R A 138.40 555.00 76,812.00

Knight, J R 139.00 480.00 66,720.00

Krishan, D 44.40 420.00 18,648.00

Kujawski, L A 5.20 276.00 1,435.20

Lawrence, J B 230.70 260.00 59,982.00

Leslie, J T 130.80 240.00 31,392.00

Lewis, R C 132.60 324.00 42,962.40

Lobb, J D 85.50 240.00 20,520.00

Lok, H 22.70 308.00 6,991.60

Massad, S A 134.50 555.00 74,647.50

Mountz, T W 100.30 500.00 50,150.00

Myers, M G 346.20 260.00 90,012.00

Nelsen, J B 89.20 276.00 24,619.20

Preston-Jones, R T 201.80 480.00 96,864.00

Pullin, Z T 122.70 212.00 26,012.40

Raborn, J R 41.00 555.00 22,755.00

Raley, J E 25.30 380.00 9,614.00

Rancher, C W 46.50 212.00 9,858.00

Sadler, K M 696.70 555.00 386,668.50

Schlanger, K E 198.20 308.00 61,045.60

Scott, M L 39.60 380.00 15,048.00

Shah, R K 67.70 212.00 14,352.40

Soderlund, E A 117.50 324.00 38,070.00







434

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 368 of 377

Page 367









Stewart, J C 13.20 240.00 3,168.00

Stockbridge, A M 48.10 240.00 11,544.00

Stutts, Jr., W F 391.40 555.00 217,227.00

Sulentic, A M 114.60 356.00 40,797.60

Swearingen, T R 42.60 260.00 11,076.00

Tucker, H C 37.50 212.00 7,950.00

Turner, A S 59.20 212.00 12,550.40

Van Tine, K K 48.10 600.00 28,860.00

Walters, T J 10.50 212.00 2,226.00

Watts, W C 30.80 212.00 6,529.60

Wellington, J J 23.30 276.00 6,430.80

Wood, M C 184.80 212.00 39,177.60

Wood, R H 133.90 212.00 28,386.80

Wright, R P 53.40 460.00 24,564.00

York, A F 489.00 212.00 103,668.00

Young, E A 39.90 332.00 13,246.80

Zabaneh, J P 28.00 240.00 6,720.00

Lawyer Totals: 8,787.70 $3,264,694.90





Non-Lawyer Summary



TIMEKEEPER HOURS RATE TOTAL



Benhoff, S M 22.40 380.00 8,512.00

Burnett, M E 19.50 100.00 1,950.00

Chappel, H M 14.40 100.00 1,440.00

Dodge, L E 34.50 160.00 5,520.00

Fitzwater, J S 267.30 92.00 24,591.60

Fluker, L C 44.40 160.00 7,104.00

Garcia, V O 25.60 120.00 3,072.00

Gaskamp, K L 23.30 132.00 3,075.60

Hinton, K W 387.80 128.00 49,638.40

Huddleston, J C 341.30 148.00 50,512.40

Jampala, S 25.20 100.00 2,520.00

Karp, K L 86.00 132.00 11,352.00

Kontopoulos, M S 24.00 180.00 4,320.00

Kusey, M D 95.60 160.00 15,296.00

Moratto Jr., T M 18.20 100.00 1,820.00

O'Quinn, J G 28.20 220.00 6,204.00

Reeder, E D 53.40 140.00 7,476.00

Rohleder, D S 140.80 92.00 12,953.60

Scanlan, K 278.50 140.00 38,990.00

Starbuck, N M 507.90 100.00 50,790.00

Thomas, J E 19.00 136.00 2,584.00

Walker, V R 30.00 60.00 1,800.00

Non-Lawyer Totals: 2,487.30 $311,521.60









435

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 369 of 377

Page 368









For expenses incurred:





STUTTS, JR., WILLIAM F. -Client meetings / attorney discussions - 176.00

during dates of 6/9/2009 - 6/11/2009



AMERICAN EXPRESS - STUTTS, JR., WILLIAM F. -Client meetings / 374.32

attorney discussions - during dates of 6/9/2009 - 6/11/2009



HOWELL, ROBERT I. -Trip to London for hearing - during dates of 1,398.69

6/1/2009 - 6/16/2009



STUTTS, JR., WILLIAM F. -Attend meetings in Houston July 8 - 189.20

during dates of 7/8/2009 - 7/9/2009



AMERICAN EXPRESS - STUTTS, JR., WILLIAM F. -Attend meetings in 187.16

Houston July 8 - during dates of 7/8/2009 - 7/9/2009



HMCS Court fee - Appeal fee 600.00



AMERICAN EXPRESS - STUTTS, JR., WILLIAM F. -Client Meetings in 285.70

Dallas - during dates of 7/24/2009 - 7/24/2009



STUTTS, JR., WILLIAM F. -Client Meetings in Dallas - during dates 121.00

of 7/24/2009 - 7/24/2009



AMERICAN EXPRESS - STUTTS, JR., WILLIAM F. -Attend Meetings in 843.41

Houston and Dallas - during dates of 8/18/2009 - 8/20/2009



DAVIS, TONY M. -Trip to Dallas to meet with R. Janvey to discuss 179.10

account review processes and to discuss fraudulent transfer and

relief defendant matters. - during dates of 6/3/2009 - 6/3/2009



TRANSPERFECT TRANSLATIONS Transcribing Stipulation regarding 175.00

release of accounts from English to Spanish



KARP, KIMBERLY L. -Mileage to Stanford warehouse off of 290 - 136.95

during dates of 8/4/2009 - 8/8/2009



AMERICAN EXPRESS - STUTTS, JR., WILLIAM F. -Client meetings / 281.70

attorney discussions - during dates of 6/30/2009 - 6/30/2009



STUTTS, JR., WILLIAM F. -Client meetings / attorney discussions - 56.00

during dates of 6/30/2009 - 6/30/2009



CIALONE, II, JOSEPH A. -Traveled to Dallas, Ft. Worth to attend 304.20

meetings with client. - during dates of 6/3/2009 - 6/3/2009









436

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 370 of 377

Page 369









ADAMS, CRAIG N. -Travel to Houston for Stanford - during dates of 15.00

7/13/2009 - 7/13/2009



AMERICAN EXPRESS - ADAMS, CRAIG N. -Travel to Houston for 436.20

Stanford - during dates of 7/13/2009 - 7/13/2009



CIALONE, II, JOSEPH A. -Traveled to Dallas, Texas for client 345.20

meetings. - during dates of 7/20/2009 - 7/20/2009



CIALONE, II, JOSEPH A. -Traveled to Dallas, Texas for client 325.20

meetings. - during dates of 7/23/2009 - 7/23/2009



CIALONE, II, JOSEPH A. -Traveled to Dallas, Texas to attend 376.20

client meetings. - during dates of 8/19/2009 - 8/19/2009



KARP, KIMBERLY L. -Mileage to and from Stanford office and 110.55

warehouse. - during dates of 8/18/2009 - 8/29/2009



CIALONE, II, JOSEPH A. -Traveled to Dallas, TX to attend client 325.20

meetings. - during dates of 7/31/2009 - 8/31/2009



DAVIS, TONY M. -Trip to Dallas to meet with R. Janvey to discuss 168.10

account review processes and to discuss fraudulent transfer and

relief defendant matters. - during dates of 6/3/2009 - 6/3/2009



County Clerk - Queens County (33621) 95.00



County Clerk - Queens County (33621) 45.00



HINTON, KATHERINE WYNELL -Reimburse for transcript of Stanford's 265.20

arraignment - during dates of 7/16/2009 - 7/16/2009



AMERICAN EXPRESS - HINTON, KATHERINE WYNELL -Filings fees for two 910.00

appeals - during dates of 8/6/2009 - 8/6/2009



CHOICEPOINT PUBLIC RECORDS, Searches for current address 98.00

information on various names per request from Katherine Hinton



SADLER, KEVIN M. -Travel to Dallas to attend meeting with Janvey 320.70

- during dates of 6/3/2009 - 6/3/2009



PREMIER TRANSPORTATION Sadler's transportation from Love Field to 68.86

BB Dallas office



PREMIER TRANSPORTATION Sadler's transportation from BB Dallas 68.86

office to Love Field



Check: American Express Travel Related Services. Check date: (254.20)

5/7/09. Unused airfare for D Arlington







437

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 371 of 377

Page 370









AMERICAN EXPRESS - YORK, ANDREW F. -Travel to Houston re Stanford 882.56

matter - during dates of 6/22/2009 - 6/26/2009



AMERICAN EXPRESS - DAY, BRENDAN ALAN -In Houston for Stanford 40.00

document review - during dates of 6/22/2009 - 7/26/2009



AMERICAN EXPRESS - DAY, BRENDAN ALAN -Stanford Document Review - 2,153.46

during dates of 6/22/2009 - 7/2/2009



YORK, ANDREW F. -Travel to Houston re Stanford - during dates of 176.00

6/22/2009 - 7/2/2009



AMERICAN EXPRESS - YORK, ANDREW F. -Travel to Houston re Stanford 1,202.29

- during dates of 6/22/2009 - 7/2/2009



DAY, BRENDAN ALAN -Stanford Document Review - during dates of 534.60

6/22/2009 - 7/2/2009



YORK, ANDREW F. -Hotel in Houston 7-5 through 7-10 re Stanford - 1,025.90

during dates of 7/5/2009 - 7/10/2009



YORK, ANDREW F. -Travel to/from Houston re Stanford - during 176.00

dates of 7/5/2009 - 7/10/2009



AMERICAN EXPRESS - DAY, BRENDAN ALAN -Work on Stanford Account 1,456.65

Releases - during dates of 7/2/2009 - 7/10/2009



SADLER, KEVIN M. -Travel to Dallas for meeting with Ralph Janvey 328.14

- during dates of 7/20/2009 - 7/20/2009



SADLER, KEVIN M. -Travel to Dallas for meeting with Ralph Janvey 491.50

- during dates of 7/23/2009 - 7/23/2009



AYERS, SUSAN ANN DILLON -Stanford Meeting with Receiver Ralph S. 333.70

Janvey and attorneys, Dallas, Texas - during dates of 7/23/2009 -

7/23/2009



AMERICAN EXPRESS - DAY, BRENDAN ALAN -Travel to Houston for 506.06

review of accounts for releases - during dates of 7/23/2009 -

7/26/2009



YORK, ANDREW F. -Travel to Houston re Stanford - during dates of 176.00

7/23/2009 - 7/27/2009



DAY, BRENDAN ALAN -Travel to Houston for review of accounts for 178.20

releases - during dates of 7/23/2009 - 7/26/2009



AMERICAN EXPRESS - YORK, ANDREW F. -Travel to Houston re Stanford 993.37







438

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 372 of 377

Page 371









- during dates of 7/23/2009 - 7/27/2009



AMERICAN EXPRESS - David Arlington - Travel from San Antonio 313.70

to Dallas - during dates of 7/31/2009 - 7/31/2009



AMERICAN EXPRESS - ARLINGTON, DAVID T. -Hearing in Dallas 7/31/09 22.00

- during dates of 7/31/2009 - 7/31/2009



SADLER, KEVIN M. -Traveled to Dallas for hearing. - during dates 491.50

of 7/31/2009 - 7/31/2009



THOMAS PROCESS Service of Subpoena on Ben Barnes 80.00



CHOICEPOINT PUBLIC RECORDS, Searches for current address 25.00

information on Jon Hanna and Marina Feldman at request of Lynne

Dodge.



DEBRA LYNN GROOM D/B/A Runner checked out two books from Tarlton 24.50

Law Library



SADLER, KEVIN M. -Travel to Dallas for meeting with Examiner and 487.50

Receiver. - during dates of 6/9/2009 - 6/9/2009



STUTTS, JR., WILLIAM F. -Attend Hearings & Meetings in Canada - 2,001.55

during dates of 8/23/2009 - 8/28/2009



AMERICAN EXPRESS - STUTTS, JR., WILLIAM F. -Attend Hearings & 1,155.70

Meetings in Canada - during dates of 8/23/2009 - 8/28/2009



Cab fare for Baker Botts personnel 705.57



Computer research services 52,544.98



Continental Ct. Reporters, Inc. 8,296.98



Delivery services 22,857.31



Electronic Court Records 2,802.48



Facsimile 254.20



Legalease Secretary of State Filings 2.00



Litigation Support Services 2,376.74



Parking expense 18.00



Photocopying service 52,674.93









439

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 373 of 377

Page 372









Postage 691.83



Stationery and supplies 270.30



Telephone calls 2,519.12

_______________

Total Expenses $170,297.82





Fees: $3,576,216.50



Expenses: $170,297.82



Total Amount Due: $3,746,514.32









440

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 374 of 377









Attorneys At Law

P. O. BOX 201626

HOUSTON, TEXAS 77216-1626

TAXPAYER I.D. #74-1195457









Stanford Financial Group Receivership Invoice No. 1134163

ATTN: Mr. Ralph S. Janvey, Receiver Invoice Date September 23, 2009

2100 Ross Avenue

Suite 2600 Attorney J A Cialone, II

Dallas TX 75201









CLIENT SUMMARY





FEES



079716.0102 293,858.40

Cross Border Receivership Matters



079716.0103 67,193.20

Aviation Matters



079716.0104 46,441.40

Banking Matters



079716.0105 387,559.40

Brokerage and Trust Matters



079716.0106 38,295.80

Coin and Bullion Operations



079716.0107 192,128.50

Document Production Matters



079716.0108 41,473.40

Disclosure and Communications



079716.0109 126,002.40

Insurance Matters









441

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 375 of 377







079716.0110 163,797.40

Labor and Employment Matters



079716.0111 39,641.00

Latin American Matters



079716.0112 135,315.40

Private Equity Matters



079716.0113 128,531.50

Receivership Corporate Matters



079716.0114 121,885.50

Real Estate Matters



079716.0115 154,986.80

Tax Matters



079716.0116 170,860.80

Litigation - General



079716.0117 1,259,818.10

Litigation - SEC vs. SIB, et al



079716.0118 69,682.40

Switzerland Matters



079716.0121 46,560.60

Examiner Issues



079716.0122 18,429.50

Motion to Disqualify



079716.0123 35,753.00

Canada Litigation Matters



079716.0124 36,013.90

UK Litigation Matters



079716.0125 1,988.10

Antigua Litigation Matters



TOTAL FEES $3,576,216.50*



TOTAL EXPENSES $170,297.82



TOTAL AMOUNT DUE $3,746,514.32*



* Reflects a 20% discount off gross fees.









442

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 376 of 377









Attorneys At Law

P. O. BOX 201626

HOUSTON, TEXAS 77216-1626

TAXPAYER I.D. #74-1195457









Stanford Financial Group Receivership Invoice No. 1134163

ATTN: Mr. Ralph S. Janvey, Receiver Invoice Date September 23, 2009

2100 Ross Avenue

Suite 2600 Attorney J A Cialone, II

Dallas TX 75201









REMITTANCE ADVICE





FEES





079716.0102 293,858.40

Cross Border Receivership Matters



079716.0103 67,193.20

Aviation Matters



079716.0104 46,441.40

Banking Matters



079716.0105 387,559.40

Brokerage and Trust Matters



079716.0106 38,295.80

Coin and Bullion Operations



079716.0107 192,128.50

Document Production Matters



079716.0108 41,473.40

Disclosure and Communications



079716.0109 126,002.40

Insurance Matters

TO ENSURE PROPER APPLICATION OF YOUR PAYMENT,

PLEASE RETURN THIS REMITTANCE ADVICE.

443

Case 3:09-cv-00298-N Document 821-3 Filed 10/02/2009 Page 377 of 377









079716.0110 163,797.40

Labor and Employment Matters



079716.0111 39,641.00

Latin American Matters



079716.0112 135,315.40

Private Equity Matters



079716.0113 128,531.50

Receivership Corporate Matters



079716.0114 121,885.50

Real Estate Matters



079716.0115 154,986.80

Tax Matters



079716.0116 170,860.80

Litigation - General



079716.0117 1,259,818.10

Litigation - SEC vs. SIB, et al



079716.0118 69,682.40

Switzerland Matters



079716.0121 46,560.60

Examiner Issues



079716.0122 18,429.50

Motion to Disqualify



079716.0123 35,753.00

Canada Litigation Matters



079716.0124 36,013.90

UK Litigation Matters



079716.0125 1,988.10

Antigua Litigation Matters



TOTAL FEES $3,576,216.50*



TOTAL EXPENSES $170,297.82



TOTAL AMOUNT DUE $3,746,514.32*



* Reflects a 20% discount off gross fees.



TO ENSURE PROPER APPLICATION OF YOUR PAYMENT,

PLEASE RETURN THIS REMITTANCE ADVICE.

444



Related docs
Other docs by pengxiuhui
Cornell Southeast Asia Program Outreach
Views: 0  |  Downloads: 0
The Unofficial GalCiv Strategy Guide
Views: 1  |  Downloads: 0
HS_2029_01_03
Views: 23  |  Downloads: 0
E7 NHHospice partnership
Views: 0  |  Downloads: 0
news Gift Basket Catalogue
Views: 0  |  Downloads: 0
By registering with docstoc.com you agree to our
privacy policy

You are almost ready to download!

You are almost ready to download!