Securities and Exchange Commission v. Nadel et al
MOTION for miscellaneous relief, specifically for an Order Directing Receiver to Turnover Rents from Rite Aid Property by Wells Fargo Bank, N.A., as successor by merger to Wachovia Bank, N.A.. (Attachments: # 1 Exhibit 1 - Promissory Note, # 2 Exhibit 2 - Deed of Trust & Security Agreement, # 3 Exhibit 3 - Assignment of Rents & Leases, # 4 Exhibit 4 - Proposed Order)(Wirth, Steven)
UNITED STATES DISTRICT COURT
MIDDLE DISTRICT OF FLORIDA
SECURITIES AND EXCHANGE
SCOOP CAPITAL, LLC,
SCOOP MANAGEMENT, INC.,
CASE NO.: 8:09-0087-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.
Before the Court is Wells Fargo's Motion for Order Directing Receiver to Turn Over
Rents From Rite Aid Property (the “Motion”) (Dkt. ___). Upon due consideration of the
Motion, applicable law, and the entire file, and the Court otherwise being duly advised in the
premises, it is ORDERED AND ADJUDGED that:
The Motion is GRANTED.
All Rents collected by the Receiver in connection with the Rite Aid Property1
are the property of Wells Fargo and must be turned over to Bank pursuant to the Loan
Documents and North Carolina law.
The Receiver shall disburse $1,322,923.20 in Rents to Wells Fargo, within three
(3) days of the Court’s Order.
DONE and ORDERED in chambers in Tampa, Florida this ____ day of
RICHARD A. LAZZARA
UNITED STATES DISTRICT JUDGE
All Capitalized terms used but not defined herein shall have the respective meanings ascribed to them in the
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