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 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 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)

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).
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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

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