United States Securities and Exchange Commission

Filing 301

ORDER Granting 281 Motion of Receiver to Surcharge Secured Creditors for the Costs and Expenses of Preserving and Disposing of Real Property (as to All Parties Other Than the Genesee County Treasurer). Signed by District Judge Matthew F. Leitman. (HRya)

UNITED STATES DISTRICT COURT
EASTERN DISTRICT OF MICHIGAN
UNITED STATES SECURITIES AND
EXCHANGE COMMISSION,
Plaintiff,

Case No. 17-cv-10963
Hon. Matthew F. Leitman

v.
TREASURE ENTERPRISE LLC,
PATRICIA ENRIGHT GRAY and LARRY
ALLEN HOLLEY
Defendants,
and
KINGDOM ASSET MANAGEMENT LLC
and CARLEEN RENEE HOLLEY,
Relief Defendants.
__________________________________________________________________/
ORDER GRANTING MOTION OF RECEIVER TO SURCHARGE
SECURED CREDITORS FOR THE COSTS AND EXPENSES
OF PRESERVING AND DISPOSING OF REAL PROPERTY (AS TO ALL
PARTIES OTHER THAN THE GENESEE COUNTY TREASURER)
Patrick O’Keefe and O’Keefe & Associates Consulting, LLC (collectively,
the “Receiver”), having previously filed and properly served the Motion of
Receiver to Surcharge Secured Creditors for the Costs and Expenses of Preserving
and Disposing of Real Property [ECF No. 281], as amended by the Amendment to
Motion of Receiver to Surcharge Secured Creditors for the Costs and Expenses of

Preserving and Disposing of Real Property [ECF No. 288] (collectively, the
“Surcharge Motion”), the Receiver having resolved all issues with the Genesee
County Treasurer (the “Treasurer”) but all other named parties (Premier Mortgage,
American Building Company and the State of Michigan) not having responded to,
or otherwise defended, the Surcharge Motion, a hearing having been held on
October 10, 2023 at which only the Treasurer appeared and defended, and the
Court being otherwise advised in the premises.
NOW, THEREFORE, it is hereby ordered as follows:
1.

As to 3169 Beecher, Flint, Michigan, a surcharge against Premier

Mortgage, in the amount of $107,370.47, and against American Building
Company, in the amount of $10,912.67, is hereby imposed.
2.

As to 4403 Clio, Flint, Michigan, a surcharge against the State of

Michigan, in the amount of $3,063.02, is hereby imposed.
3.

As to 6059 Brookstone, Flint, Michigan, a surcharge against Premier

Mortgage, in the amount of $114,190.78, is hereby imposed.
s/Matthew F. Leitman
MATTHEW F. LEITMAN
UNITED STATES DISTRICT JUDGE
Dated: January 17, 2024

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I hereby certify that a copy of the foregoing document was served upon the parties
and/or counsel of record on January 17, 2024, by electronic means and/or ordinary
mail.
s/Holly A. Ryan
Case Manager
[phone]

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