COR Clearing, LLC v. Calissio Resources Group, Inc. et al

Filing 28

ORDER that before the Court rules on plaintiff's motion (Filing No. 20 ): 1) COR Clearing shall give notice of the motion, supporting memoranda, and the proposed order to every DTCC member firm credited and/or debited with dividends and/or inte rim accounting allocations for shares of Calissio Resources Group,Inc. from June 1 to August 30, 2015. 2) The notice will be by overnight mail/Federal Express within one day of this Order to the addresses that were provided by DTCC to COR Clearing on October 4, 2015, pursuant to subpoena. 3) All affected parties shall have seven days from the date of receipt of this notice to file a response to COR Clearings motion, if they so desire. 4) COR Clearing shall have seven days to reply to any responses. Ordered by Senior Judge Lyle E. Strom. (LAC)

Download PDF
IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF NEBRASKA COR CLEARING, LLC, a Delaware ) limited liability company, ) ) Plaintiff, ) ) v. ) ) CALISSIO RESOURCES GROUP, ) INC., a Nevada corporation, ) ADAM CARTER, an individual, ) SIGNATURE STOCK TRANSFER, ) INC, A Texas corporation; and ) DOES 1-50, ) ) Defendants. ) ______________________________) 8:15CV317 ORDER This matter is before the Court on plaintiff COR Clearing, LLC’s expedited motion for order appointing limited purpose receiver for defendant Calissio Resources Group, Inc. (Filing No. 20). Before ruling on its motion, COR Clearing requests that notice to all interested parties who may be affected by the appointment be given notice and an opportunity to be heard. See Filing No. 21. After review, the Court finds that in the interest of giving all parties notice and the opportunity to be heard all those who may be affected by the post-payable adjustments a potential receiver would request the Depository Trust & Clearing Corporation (“DTTC”) to make, plaintiff’s request to notify any parties potentially affected by the appointment of a receiver should be granted.1 Accordingly, IT IS ORDERED that before the Court rules on plaintiff’s motion (Filing No. 20): 1) COR Clearing shall give notice of the motion, supporting memoranda, and the proposed order to every DTCC member firm credited and/or debited with dividends and/or interim accounting allocations for shares of Calissio Resources Group, Inc. from June 1 to August 30, 2015. 2) The notice will be by overnight mail/Federal Express within one day of this Order to the addresses that were provided by DTCC to COR Clearing on October 4, 2015, pursuant to subpoena. 3) All affected parties shall have seven days from the date of receipt of this notice to file a response to COR Clearing’s motion, if they so desire. 1 The Court acknowledges the receipt of: (1) Steven J. Markow’s email to the Court dated October 7, 2015 (Filing No. 27); (2) Alicja Socha’s email to the Court dated October 9, 2015 (Filing No. 26); and (3) Benjamin Riley’s expedited motion for leave to file Amicus Brief (Filing No. 25). These correspondences and motion, along with any other responses provided to the Court within the time outlined within this Order will be considered and decided upon before the Court rules on plaintiff’s motion for order appointing limited purpose receiver (Filing No. 20). -2- 4) COR Clearing shall have seven days to reply to any responses. DATED this 20th day of October, 2015. BY THE COURT: /s/ Lyle E. Strom ____________________________ LYLE E. STROM, Senior Judge United States District Court -3-

Disclaimer: Justia Dockets & Filings provides public litigation records from the federal appellate and district courts. These filings and docket sheets should not be considered findings of fact or liability, nor do they necessarily reflect the view of Justia.


Why Is My Information Online?