Securities and Exchange Commission v. Nadel et al

Filing 1421

MOTION for miscellaneous relief, specifically to Approve (1) Settlement of Objection, (2) Waiver of Objections, and (3) Amended Claim Determinations by Burton W. Wiand. (Attachments: # 1 Exhibit A, # 2 Exhibit B)(Perez, Jared)

Download PDF
EXHIBIT B UNITED STATES DISTRICT COURT MIDDLE DISTRICT OF FLORIDA TAMPA DIVISION SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. ARTHUR NADEL, SCOOP CAPITAL, LLC, SCOOP MANAGEMENT, INC., CASE NO.: 8:09-cv-0087-T-33CPT Defendants, SCOOP REAL ESTATE, L.P., VALHALLA INVESTMENT PARTNERS, L.P., VALHALLA MANAGEMENT, INC., VICTORY FUND, LTD, VIKING IRA FUND, LLC, VIKING FUND, LLC, AND VIKING MANAGEMENT, LLC. Relief Defendants. / ORDER UPON DUE CONSIDERATION, it is ORDERED AND ADJUDGED that the Receiver’s Motion to Approve (1) Settlement of Objection, (2) Waiver of Objections, and (3) Amended Claim Determinations (Doc. ____) is granted. The Court specifically approves the settlement of the claimant’s objection regarding Claim 72. The determination for Claim 72 is hereby changed from denied to allowed as a Class 3 Investor Claim with an allowed amount of $20,457.10. The Court also specifically approves the Receiver’s determinations set forth in the written Notifications sent to the claimants for Claims 73, 75, and 79, which recommend that the objections be overruled. Accordingly, the objections to the claim determinations for Claims 73, 75, and 79 are overruled, and the objections are deemed waived. Further, the Court specifically approves the amended determinations for Claims 29, 34, and 44. Based upon the discovery of additional funds received by the claimants, the allowed amount for Claim 29 is reduced to $152,492, and the allowed amount for Claim 34 is reduced to $263,152. Also, for the reasons stated in the motion, the determination for Claim 44 is changed to denied. DONE and ORDERED in Chambers at Tampa, Florida, on _________, 2019. VIRGINIA COVINGTON UNITED STATES DISTRICT JUDGE COPIES FURNISHED TO: Counsel of Record 2 .

Disclaimer: Justia Dockets & Filings provides public litigation records from the federal appellate and district courts. These filings and docket sheets should not be considered findings of fact or liability, nor do they necessarily reflect the view of Justia.

Why Is My Information Online?