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

Filing 34

ORDER ON STIPULATION TO ALLOW TRANSFER OF REAL PROPERTIES TO DEFENDANT BIC REAL ESTATE DEVELOPMENT CORPORATION BY DANIEL E. NASE AND OSCAR ARGUETA signed by District Judge Lawrence J. O'Neill on April 1, 2016. (Munoz, I)

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UNITED STATES DISTRICT COURT

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EASTERN DISTRICT OF CALIFORNIA

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SECURITIES AND EXCHANGE
COMMISSION,

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Plaintiff,

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vs.
BIC REAL ESTATE DEVELOPMENT
CORPORATION and DANIEL R.
NASE, individually and d/b/a
BAKERSFIELD INVESTMENT
CLUB,
Defendants,
BIC SOLO 401K TRUST and
MARGARITA NASE,
Relief Defendants.

Case No. 1:16-cv-344-LJO-JLT
ORDER ON STIPULATION TO
ALLOW TRANSFER OF REAL
PROPERTIES TO DEFENDANT BIC
REAL ESTATE DEVELOPMENT
CORPORATION BY DANIEL E.
NASE AND OSCAR ARGUETA

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This matter is now before the Court on the Stipulation of Plaintiff Securities

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and Exchange Commission, Oscar Argueta, Daniel E. Nase, and Defendants Daniel

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R. Nase and BIC Real Estate Development Corporation to allow the transfer, by

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Oscar Argueta to Defendant BIC Real Estate Development Corporation, of real

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property located at 2501 Lake St Bakersfield, CA 93306; and to allow the transfer, by

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Daniel E. Nase to Defendant BIC Real Estate Development Corporation, of real

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property located at:

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137 Dunlap St Bakersfield, CA 93309

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409 Villa St Bakersfield, CA 93307

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533 Stephens Dr Bakersfield, CA 93304

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1504 Flower St Bakersfield, CA 93305

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137 N Stine Rd Bakersfield, CA 93309.

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For good cause shown,

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IT IS ORDERED that the stipulation is granted and that Oscar Argueta and

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Daniel E. Nase forthwith shall1 transfer forthwith the properties listed above to

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Defendant BIC Real Estate Development Corporation.

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IT IS SO ORDERED.

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Dated:

/s/ Lawrence J. O’Neill

April 1, 2016

UNITED STATES DISTRICT JUDGE

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The parties’ proposed language—“may transfer”—does not comport with the
parties’ stipulation as discussed at the April 1, 2016 hearing.
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