Securities and Exchange Commission v. Secure Investement Services, Inc., et al

Filing 767

ORDER signed by Judge Garland E. Burrell, Jr on 7/28/10 ORDERING that the Receiver's motion is GRANTED and the Receiver is authorized, in his discretion, at such time as the receivership estate is required to expend additional funds to pay premi ums, to abandon the receivership estate's interest in the life insurance policy # 7430001 in the face amount of $5 million issued by Travelers Insurance Co., referred to in Receiver's Motion as the PER-T&E Policy; the Receiver is autho rized, in his discretion, at such time as the receivership estate is required to expend additional funds to pay premiums, to abandon the receivership estate's interest in the life insurance policy # 1289096 in the face amount of $2 million issued by Security Mutual, referred to in the Receiver's Motion as the MAN-S Policy. Therefore the hearing scheduled on 8/2/10 is vacated. Further, the Clerk of Court shall include in the service of this order the following individuals: Ernest Jeremias, 5022 17th Avenue, Apt. 1, Brooklyn, NY 11204; Bazzle John Wilson, 1291 Nunneley Road, Paradise, CA 95969. (Becknal, R)

Securities and Exchange Commission v. Secure Investement Services, Inc., et al

Doc. 767

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UNITED STATES DISTRICT COURT EASTERN DISTRICT OF CALIFORNIA SACRAMENTO DIVISION SECURITIES AND EXCHANGE COMMISSION, Plaintiff, SECURE INVESTMENT SERVICES, INC., AMERICAN FINANCIAL SERVICES, INC., LYNDON GROUP, INC., DONALD F. NEUHAUS, and KIMBERLY A. SNOWDEN, Defendants. Receiver Michael J. Quilling file a "Motion for Authorization to Abandon the PER-T&E and MAN-S Policies," which is scheduled for hearing on August 2, 2010. An Opposition to the motion was filed on the same day Mr. Quilling filed his Reply. The Court having considered the motion, finds the motion should be granted and the scheduled hearing on the motion vacated. IT IS THEREFORE ORDERED, ADJUDGED AND DECREED that the Receiver's motion is GRANTED and the Receiver is authorized, in his discretion, at such time as the receivership estate is required to expend additional funds to pay premiums, to abandon the receivership estate's interest in the life insurance policy number 7430001 in the face amount of $5 million issued by Travelers Insurance Co., referred to in Receiver's Motion as the PER-T&E Policy. IT IS FURTHER ORDERED, ADJUDGED AND DECREED that the Receiver is authorized, in his discretion, at such time as the receivership estate is required to expend additional funds to pay premiums, to abandon the receivership estate's interest in the life insurance policy number 1289096 in the face amount of $2 million issued by Security Mutual,
[PROPOSED] ORDER AUTHORIZING ABANDONMENT OF THE PER-T&E AND MAN-S POLICIES C:\DOCUMENTS AND SETTINGS\MKELLY\MY DOCUMENTS\QUILLING\AUGUST 2 2010 HEARINGS\DOCS-#162716-V1_PROPOSED__ORDER_AUTHORIZING_ABANDONMENT_OF_THE_PER-T&E_AND_MAN-S_POLICIES.DOC Page 1

Case No. 2:07-cv-001724 GEB CMK ORDER AUTHORIZING ABANDONMENT OF THE PERT&E AND MAN-S POLICIES

Dockets.Justia.com

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referred to in the Receiver's Motion as the MAN-S Policy. Therefore the hearing scheduled on August 2, 2010 is vacated. Further, the Clerk of Court shall include in the service of this order the following individuals: Ernest Jeremias 5022 17th Avenue, Apt. 1 Brooklyn, NY 11204 Bazzle John Wilson 1291 Nunneley Road Paradise, CA 95969

July 28, 2010 GARLAND E. BURRELL, JR. United States District Judge

[PROPOSED] ORDER AUTHORIZING ABANDONMENT OF THE PER-T&E AND MAN-S POLICIES C:\DOCUMENTS AND SETTINGS\MKELLY\MY DOCUMENTS\QUILLING\AUGUST 2 2010 HEARINGS\DOCS-#162716-V1_PROPOSED__ORDER_AUTHORIZING_ABANDONMENT_OF_THE_PER-T&E_AND_MAN-S_POLICIES.DOC

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