(1) The receiver, with the court's approval, may employ one or
more attorneys, accountants, appraisers, auctioneers, or other
professional persons that do not hold or represent an interest
adverse to the estate to represent or assist the receiver in
carrying out the receiver's duties.
(2) A person is not disqualified for employment under this
section solely because of the person's employment by,
representation of, or other relationship with a creditor or other
party in interest, if the relationship is disclosed in the
application for the person's employment and if the court
determines that there is no actual conflict of interest or
inappropriate appearance of a conflict.
(3) This section does not preclude the court from
authorizing the receiver to act as attorney or accountant if the
authorization is in the best interests of the estate.
(4) The receiver, and any professionals employed by the
receiver, is permitted to file an itemized billing statement with
the court indicating both the time spent, billing rates of all
who perform work to be compensated, and a detailed list of
expenses and serve copies on any person who has been joined as a
party in the action, or any person requesting the same, advising
that unless objections are filed with the court, the receiver may
make the payments specified in the notice. If an objection is
filed, the receiver or professional whose compensation is
affected may request the court to hold a hearing on the objection
on five days' notice to the persons who have filed objections.
If the receiver is a custodial receiver appointed in aid of
foreclosure, payment of fees and expenses may be allowed upon the
stipulation of any creditor holding a security interest in the
property for whose benefit the receiver is appointed.
[2004 c 165 § 20.]
NOTES:
Purpose -- Captions not law -- 2004 c 165: See notes following RCW 7.60.005.