Securities and Exchange Commission v. BIC Real Estate Development Corporation et al

Filing 181

ORDER Granting this Stipulation Regading Sale of the Residential Property Located at 1117 Adelaide signed by Chief Judge Lawrence J. O'Neill on 03/23/2017. (Flores, E)

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UNITED STATES DISTRICT COURT

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EASTERN DISTRICT OF CALIFORNIA

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CASE NO. 1:16-CV-00344 LJO JLT
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SECURITIES AND EXCHANGE
COMMISSION,

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Plaintiffs,
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v.

ORDER GRANTING THE STIPULATION
REGARDING SALE OF THE
RESIDENTIAL PROPERTY LOCATED
AT 1117 ADELAIDE

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BIC REAL ESTATE DEVELOPMENT
CORPORATION, DANIEL R. DEFENDANT
d/b/a BAKERSFIELD INVESTMENT CLUB

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Defendants, and
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BIC SOLO 401K TRUST and MARGARITA
DEFENDANT,
Relief Defendants

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Having considered the Stipulation Regarding Sale of the Residential Property Located at
1117 Adelaide (the “Stipulation”) entered into, by, and between (1) David P. Stapleton, the
Court-appointed receiver in the above-entitled action; (2) Plaintiff Securities and Exchange
Commission; and Relief Defendant Margarita Nase and good cause appearing therefor, the Court
hereby orders as follows:
Margarita Nase may complete the sale of the Adelaide Property and distribute funds

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pursuant to the concurrently-filed Stipulation.
IT IS SO ORDERED.
Dated:

/s/ Lawrence J. O’Neill _____

March 23, 2017

UNITED STATES CHIEF DISTRICT JUDGE

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