Securities and Exchange Commission v. Nadel et al

Filing 439

ORDER ATTACHED denying [434 & 437] Motion for Possession of Funds and for Order to Show Cause. Signed by Judge Richard A. Lazzara on 7/19/2010. (CCB)

Securities and Exchange Commission v. Nadel et al

Doc. 439

UNITED STATES DISTRICT COURT M I D D L E DISTRICT OF FLORIDA T A M P A DIVISION

S E C U R IT IE S AND EXCHANGE C O M M IS S IO N , P la in tif f , v. A R T H U R NADEL, SCOOP CAPITAL, LLC, S C O O P MANAGEMENT, INC., D e f e n d a n ts, S C O O P REAL ESTATE, L.P., V A L H A L L A INVESTMENT PARTNERS, L.P., V A L H A L L A MANAGEMENT, INC., V IC T O R Y IRA FUND, LTD., V IC T O R Y FUND, LTD., V IK IN G IRA FUND, LLC, V IK IN G FUND, LLC, and V IK IN G MANAGEMENT, LLC, R e lie f Defendants. / C A S E NO: 8:09-cv-87-T-26TBM

ORDER Upon due consideration of the Receiver's written submissions, together with the representations made and the issues discussed at the hearing held in this case this day, it is ordered and adjudged as follows:

Dockets.Justia.com

1) The Receiver's Emergency Motion for Possession of Funds as supplemented (Dkts. 434 & 437) is denied as moot inasmuch as the Receiver now has possession of the income tax refund checks which were the subject of the motion. 2) The Receiver's Emergency Motion for an Order to Show Cause as supplemented (Dkts. 434 & 437) is denied because the Court is satisfied that Marguerite Nadel, Michael Zucker, and John Lopez are now well aware of the responsibilities imposed on them by this Court's previous orders and have assured the Court that they will abide by those responsibilities in the future. D O N E AND ORDERED at Tampa, Florida, on July 19, 2010.

s/Richard A. Lazzara RICHARD A. LAZZARA U N I T E D STATES DISTRICT JUDGE

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