Sec, et al v. Kimmes, et al

Filing 983

MEMORANDUM Order:Accordingly this Court grants the SEC's motion for an extension to April 28, 2016. 979 If by that time Quinn has executed the documents that have been tendered by the SEC for his signature, this Court will carry out its earlier-stated intention. Signed by the Honorable Milton I. Shadur on 4/22/2016:Mailed notice(srn, )

IN THE UNITED STATES DISTRICT COURT
FOR THE NORTHERN DISTRICT OF ILLINOIS
EASTERN DIVISION

UNITED STATES SECURITIES AND
EXCHANGE COMMISSION,
Plaintiff,
v.
THOMAS F. QUINN,
Defendant.

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Case No. 89 C 5942

MEMORANDUM ORDER
At the time of the April 21 telephonic status hearing in this action, it appeared from the
oral presentation by counsel for the SEC that there were good many complexities to be
overcome -- and consequently a substantial amount of time would be required -- for Thomas
Quinn ("Quinn") to transfer effectively all of his right, title and interest (in whatever legal form)
in the French Chateau that is the only remaining property of any substance potentially available
toward carrying out the basic purposes for which this action was originally brought and for
which it has been pursued. But later on the same day SEC counsel has delivered a Status Report
and Motion To Continue accompanied by exhibits that tell a different story, one under which no
more than a limited group of documents that are now available for signature need to be executed
by Quinn before this Court's stated intention to release him from custody under the currently
ongoing civil contempt proceedings can be effectuated.
Accordingly this Court grants the SEC's motion for an extension to April 28, 2016. If by
that time Quinn has executed the documents that have been tendered by the SEC for his

signature, this Court will carry out its earlier-stated intention.

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Milton I. Shadur
Senior United States District Judge
Date: April 22, 2016

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