Securities and Exchange Commission v. Nadel et al

Filing 670

NOTICE by Securities and Exchange Commission of No Objection to the Receiver Taking an Appeal of the September 29, 2011 Arbitration Order (Masel, Scott)

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UNITED STATES DISTRICT COURT MIDDLE DISTRICT OF FLORIDA TAMPA DIVISION SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. CASE NO. 8:09-cv-87-T-26TBM ARTHUR NADEL, SCOOP CAPITAL, LLC, SCOOP MANAGEMENT, INC. Defendants, 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 Relief Defendants. / PLAINTIFF’S NOTICE OF NO OBJECTION TO THE RECEIVER TAKING AN APPEAL OF THE SEPTEMBER 29, 2011 ARBITRATION ORDER Plaintiff Securities and Exchange Commission notifies the Court it has no objection to the Receiver’s appeal of the September 29, 2011 arbitration order entered in the cases encompassed by In Re Burton W. Wiand, as Receiver, Case No. 8:10-CV-71-T-17MAP. [See DE 668, 669 in the instant matter]. The Commission does not take a position on the merits of the appeal at this time, but is not objecting since the appeal does not appear to interfere with the receivership, and if the arbitration order is indeed in error it would be more efficient to obtain appellate review now than after numerous arbitrations. November 21, 2011 Respectfully submitted, By: s/ Scott A. Masel Scott A. Masel Senior Trial Counsel Florida Bar No. 0007110 Direct Dial: (305) 982-6398 E-mail: masels@sec.gov Lead and Trial Counsel Attorney for Plaintiff SECURITIES AND EXCHANGE COMMISSION 801 Brickell Avenue, Suite 1800 Miami, Florida 33131 Telephone: (305) 982-6300 Facsimile: (305) 536-4154 CERTIFICATE OF SERVICE I hereby certify that on November 21, 2011, I electronically filed the foregoing with the Clerk of the Court by using the CM/ECF system which will send a notice of electronic filing to the following: Burton W. Wiand, Esq. Wiand Guerra King P.L. 3000 Bayport Drive, Suite 600 Tampa, FL 33607 Telephone: (813) 347-5100 Facsimile: (813) 347-5199 Court-appointed Receiver for Corporate Defendants and Relief Defendants Gianluca Morello, Esq. Wiand Guerra King P.L. 3000 Bayport Drive, Suite 600 Tampa, FL 33607 Telephone: (813) 347-5100 Facsimile: (813) 347-5199 Email: grmorello@wiandlaw.com Counsel for Receiver Burton W. Wiand 2 Maya M. Lockwood, Esq. Wiand Guerra King P.L. 3000 Bayport Drive, Suite 600 Tampa, FL 33607 Telephone: (813) 347-5100 Facsimile: (813) 347-5199 Email: mlockwood@wiandlaw.com Co-counsel for Receiver Burton W. Wiand I further certify that on the same date I mailed the foregoing document and the notice of electronic filing by U.S. Mail or as indicated below to the following non-CM/ECF participant: Arthur G. Nadel Register No. 50690-018 FCI Butner Low Federal Correctional Institution P.O. Box 999 Butner, NC 27509 Via U.S. Mail s/ Scott A. Masel Scott A. Masel, Esq. 3

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