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

Filing 436

MEMORANDUM DECISION and ORDER re Supplemental Report of Receiver, David P. Stapleton, re Completion of Sale of Oil Company Assets signed by Chief Judge Lawrence J. O'Neill on 10/1/2019. (Jessen, A)

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UNITED STATES DISTR/ICT COURT

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FOR THE EASTERN DISTRICT OF CALIFORNIA

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SECURITIES AND EXCHANGE
COMMISSION,

v.

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

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MEMORANDUM DECISION AND
ORDER RE SUPPLEMENTAL
REPORT OF RECEIVER, DAVID P.
STAPLETON, RE: COMPLETION OF
SALE OF OIL COMPANY ASSETS
(ECF NO. 435)

Plaintiff,

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1:16-cv-00344-LJO-JLT

Defendants,
BIC SOLO 401K TRUST and MARGARITA
NASE,
Relief Defendants.

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The Receiver’s Supplemental Report (ECF No. 435) is accepted. The Receiver is authorized to
continue his administration of the Receivership Entities and their assets consistent with this Order and
the Court’s prior orders.
IT IS SO ORDERED.
Dated:

October 1, 2019

/s/ Lawrence J. O’Neill _____
UNITED STATES CHIEF DISTRICT JUDGE

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