United States Securities and Exchange Commission v. Beckman et al

Filing 183

ORDER GRANTING THE UNITED STATES MOTION TO INTERVENE AND STAY PROCEEDINGS 170 . (Written Opinion). Signed by Chief Judge Michael J. Davis on 9/6/11. (GRR)

UNITED STATES DISTRICT COURT
DISTRICT OF MINNESOTA
U.S. COMMODITY FUTURES
TRADING COMMISSION,
Plaintiff,
v.
TREVOR COOK, ET AL.,
Defendants.
R.J. ZAYED,
Receiver.
UNITED STATES SECURITIES
AND EXCHANGE COMMISSION,
Plaintiff,
v.
TREVOR G. COOK, AND
PATRICK J. KILEY, ET AL.,
Defendants,
BASEL GROUP, LLC, ET AL.,
Relief Defendants.
R.J. ZAYED,
Receiver.

UNITED STATES SECURITIES
AND EXCHANGE COMMISSION,
Plaintiff,
v.
JASON BO-ALAN BECKMAN,
ET AL.,
Defendants,
HOLLIE BECKMAN,
Relief Defendant.
R.J. ZAYED,
Receiver.

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)CASE NO. 09-3332 (MJD/FLN)
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)CASE NO. 09-3333 (MJD/FLN)
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)CASE No. 11-574 (MJD/FLN)
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ORDER GRANTING THE UNITED STATES MOTION TO
INTERVENE AND STAY PROCEEDINGS
The United States has moved to intervene in this case, and, if
that motion is granted, also moves to stay proceedings in this case
pending

the

resolution

of

a

related

criminal

case,

with

an

exception for asset tracing, recovery, seizure, and disbursement on
the part of the Court-appointed Receiver R.J. Zayed.
The Court having considered the pleadings and the arguments of
counsel, and the entire file of this case, IT IS HEREBY ORDERED
THAT:
1.

The motion of the United States for leave to intervene,

is GRANTED;
2.

Proceedings in cases no. 09-cv-3333 (MJD/FLN), 09-cv-3332

(MJD/FLN), and 11-cv-574 (MJD/FLN) are hereby stayed until the
conclusion of district court proceedings in United States v. Jason
Bo-Alan Beckman, et al., criminal file no. 11-228 (MJD/JJK),
“conclusion” meaning either the return by the jury of a verdict of
not guilty on all counts of the indictment or sentencing, whichever
is applicable.
AND IT IS FURTHER ORDERED THAT NOTWITHSTANDING ANY OTHER PROVISION
OF THIS ORDER:
3.

a.

The Receiver shall be permitted to continue his

work, as previously ordered by this Court.
b.

The

plaintiff

may

take

the

steps

necessary to

perfect service of process upon relief defendant Crown Forex, SA,

which is located outside the United States.
4.

The Court will consider future motions for a limited

lifting of the stay in order to petition the Court for attorneys’
fees, other professional fees, or living expenses, if and when such
motions are made.
BY THE COURT:

S/ Michael J. Davis
MICHAEL J. DAVIS
CHIEF U.S. DISTRICT COURT JUDGE
Dated: September 6, 2011.