Securities and Exchange Commission v. Nadel et al

Filing 1300

MOTION for an order approving sale of undeveloped land in Buncombe County, North Carolina by Burton W. Wiand. (Attachments: # 1 Exhibit 1 - Order, # 2 Exhibit 2 - Appraisal - March 2015, # 3 Exhibit 3 - Purchase and Sale Agreement, # 4 Exhibit 4 - Receiver's Deed)(Perez, Jared) Modified relief and text on 7/6/2017 (KMM).

EXHIBIT 1

UNITED STATES DISTRICT COURT
MIDDLE DISTRICT OF FLORIDA
TAMPA DIVISION
SECURITIES AND EXCHANGE
COMMISSION,
Plaintiff,
v.
ARTHUR NADEL,
SCOOP CAPITAL, LLC,
SCOOP MANAGEMENT, INC.,
Defendants.

CASE NO.: 8:09-cv-0087-T-26TBM

SCOOP REAL ESTATE, L.P.,
VALHALLA INVESTMENT PARTNERS, L.P.,
VALHALLA MANAGEMENT, INC.,
VICTORY IRA FUND, LTD,
VICTORY FUND, LTD,
VIKING IRA FUND, LLC,
VIKING FUND, LLC, AND
VIKING MANAGEMENT, LLC.
Relief Defendants.
/
ORDER
Before the Court is the Receiver’s Unopposed Verified Motion for Approval of Sale
of Undeveloped Land Located in Buncombe County, North Carolina (the “Motion”) (Dkt.
___). Upon due consideration of the Receiver’s powers as set forth in the Order Appointing
Receiver (Dkt. 8), the Orders Reappointing Receiver (Dkts. 140, 316, 493, 935, and 985),
and applicable law, it is ORDERED AND ADJUDGED that the Motion is GRANTED.

The sale of the vacant Lot #110 of Bird Creek Estates, better known as Parcel
Number 0636-99-8907-00000, located in Buncombe County, North Carolina, pursuant to the
Purchase and Sale Agreement attached as Exhibit 3 to the Motion, is hereby approved.
The Court finds that the Receiver has substantially complied with the provisions of 28
U.S.C. § 2001, and the Receiver is hereby directed to transfer free and clear of all claims,
liens, and encumbrances to Christopher G. Metz and Mary Anne Lovely-Metz, husband and
wife, by way of a Receiver’s Deed, pursuant to Purchase and Sale Agreement, title to the real
property located in Buncombe County, North Carolina.
DONE and ORDERED in chambers in Tampa, Florida this ____ day of
_____________, 2017.

____________________________________
RICHARD A. LAZZARA
UNITED STATES DISTRICT JUDGE
COPIES FURNISHED TO:
Counsel of Record

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