Securities and Exchange Commission v. Small Business Capital Corp. et al

Filing 99

ORDER APPROVING RECEIVER'S THIRD INTERIM REPORT AND PETITION FOR INSTRUCTIONS. Signed by Judge Edward J. Davila on 11/6/2012. (ejdlc1, COURT STAFF) (Filed on 11/6/2012)

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UNITED STATES DISTRICT COURT

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NORTHERN DISTRICT OF CALIFORNIA

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11 SECURITIES AND EXCHANGE
COMMISSION,
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Plaintiff,
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vs.
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SMALL BUSINESS CAPITAL CORP.;
15 MARK FEATHERS; INVESTORS PRIME
FUND, LLC; and SBC PORTFOLIO
16 FUND, LLC,

Case No. CV12-03237
[PROPOSED] ORDER APPROVING
RECEIVER’S THIRD INTERIM REPORT
AND PETITION FOR INSTRUCTIONS
Ctrm: 4 - 5th Floor
Judge: Hon. Edward J. Davila

Defendants.

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LAW OFFICES

Allen Matkins Leck Gamble
Mallory & Natsis LLP

793417.01/SD

Case No. CV12-03237
[PROPOSED] ORDER APPROVING
RECEIVER’S THIRD INTERIM REPORT

The Court having considered the Third Interim Report and Petition for Instructions

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2 ("Report") of Thomas A. Seaman ("Receiver"), Court-appointed permanent receiver for Small
3 Business Capital Corp. ("SB Capital"), Investors Prime Fund, LLC ("IPF"), SBC Portfolio
4 Fund, LLC ("SPF"), and their subsidiaries and affiliates (collectively, the "Receivership Entities"),
5 and good cause appearing therefor, hereby orders as follows:
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1.

The Report is approved;

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2.

The receivership shall continue pursuant to the Permanent Injunction Order entered

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The Receiver's Fourth Interim Report shall be filed on or before January 15, 2013.

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11 Dated:

November 6, 2012
Hon. Edward J. Davila
Judge, United States District Court

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LAW OFFICES

Allen Matkins Leck Gamble
Mallory & Natsis LLP

793417.01/SD

Case No. CV12-03237
[PROPOSED] ORDER APPROVING
RECEIVER’S THIRD INTERIM REPORT