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

Filing 320

ORDER GRANTING 306 Motion of Receiver, David P. Stapleton, for Order Extending Oil Company Asset Sale Deadlines signed by Chief Judge Lawrence J. O'Neill on 11/14/2017. (Sant Agata, S)

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UNITED STATES DISTRICT COURT

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EASTERN DISTRICT OF CALIFORNIA

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SECURITIES AND EXCHANGE

14 COMMISSION,
Plaintiff,

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v.

17 BIC REAL ESTATE DEVELOPMENT,

Case No. 1:16-cv-00344-LJO-JLT
ORDER GRANTING MOTION OF
RECEIVER, DAVID P. STAPLETON, FOR
ORDER EXTENDING OIL COMPANY
ASSET SALE DEADLINES
(ECF No. 306)

CORP., et al.,

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Defendants.

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The Court has received and reviewed the Motion of the Court-appointed permanent
Receiver, David P. Stapleton (the “Receiver”), for an Order Extending Oil Company Asset Sale
Deadlines (the “Motion”). The Motion is unopposed, and is suitable for decision without oral
argument pursuant to Local Rule 230(g). Having considered the Receiver’s Motion, and the
materials submitted in support thereof, and good cause appearing therefor, this Court orders as
follows:
1. The Receiver’s Motion (ECF No. 306) is GRANTED; and

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2. All deadlines approved via the Court’s Order Authorizing and Approving Receiver’s

2 Sales Procedures for Oil Company and Authorizing Receiver’s Engagement of Oil Company
3 Broker (ECF No. 268) are extended for a period of sixty (60) days.
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5 IT IS SO ORDERED.
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Dated:

/s/ Lawrence J. O’Neill _____

November 14, 2017

UNITED STATES CHIEF DISTRICT JUDGE

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