Securities and Exchange Commission VS Global Express Capital Real Estate Investment Fund I, LLC et al

Filing 1007

ORDER Granting #1004 Motion to Approve Settlement Agreement and Release With The Travelers Indemnity Company, American Exchange, Inc., Hacienda Structures LLC, Blackstone Structures, and Halston Michael. FURTHER ORDERED that the Settlement Agreement and Release attached as Exhibit "A" to the Motion is approved. FURTHER ORDERED that the Receiver is authorized and instructed to execute all documents and/or instruments, and to do all of the acts necessary to effect the Agreement. Signed by Judge Kent J. Dawson on 4/14/11. (Copies have been distributed pursuant to the NEF - MMM)

Case 2:03-cv-01514-KJD Document 1006-1

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Filed 04/08/11 Page 1 of 2

13390.3

BYRON Z. MOLDO, CA SBN 109652
ERVIN COHEN & JESSUP LLP
9401 Wilshire Boulevard, 9th Floor
Beverly Hills, CA 90212
Telephone No: [phone]
Facsimile No: [phone]
[e-mail]

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RANDOLPH L. HOWARD, NV Bar No. 6688
KOLESAR & LEATHAM, CHTD.
3320 West Sahara Avenue, Suite 380
Las Vegas, NV 89102
Telephone: [phone]
Facsimile: [phone]
[e-mail]

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Attorneys for James H. Donell, Permanent Receiver

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UNITED STATES DISTRICT COURT

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DISTRICT OF NEVADA

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SECURITIES AND EXCHANGE
COMMISSION,

)
)
)
Plaintiff,
)
)
vs.
)
)
GLOBAL EXPRESS CAPITAL REAL ESTATE )
INVESTMENT FUND I, LLC; GLOBAL
)
EXPRESS CAPITAL MORTGAGE CORP.;
)
GLOBAL EXPRESS SECURITIES, INC.;
)
CONNIE S. FARRIS; and DAWN M. REESE, )
)
Defendants.
)
)
)

Case No. CV-S-03-1514-KJD (LRL)
[PROPOSED] ORDER GRANTING
MOTION OF JAMES H. DONELL,
PERMANENT RECEIVER, TO
APPROVE SETTLEMENT
AGREEMENT AND RELEASE WITH
THE TRAVELERS INDEMNITY
COMPANY, AMERICAN EXCHANGE,
INC., HACIENDA STRUCTURES LLC,
BLACKSTONE STRUCTURES, AND
HALSTON MICHAEL
Date:
Time: [No Hearing Scheduled]
Crtrm:

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The “Motion of James H. Donell, Permanent Receiver, to Approve Settlement Agreement

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and Release with The Travelers Indemnity Company, American Exchange, Inc., Hacienda

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Structures LLC, Blackstone Structures, and Halston Michael; Memorandum of Points and

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Authorities; Declaration of James H. Donell” (“Motion”), having been filed with the Court, and

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notice of the Motion having been provided to all interested parties, there being no objections to

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the Motion as set forth in the Notice of Non-Opposition (“Notice”) filed with the Court, the
IDOCS:13390.3:1187400.1
1
ORDER GRANTING MOTION OF JAMES H. DONELL, PERMANENT RECEIVER, TO APPROVE SETTLEMENT AGREEMENT AND
RELEASE WITH THE TRAVELERS INDEMNITY COMPANY, AMERICA EXCHANGE, INC., HACIENDA STRUCTURES LLC,
BLACKSTONE STRUCTURES, AND HALSTON MICHAEL

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matter came on for hearing before the Honorable Kent J. Dawson, United States District Court

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Judge.

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The Court having read and considered the Motion, the Notice, and being fully advised in
the premises, rules as follows:

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1.

IT IS HEREBY ORDERED that the Motion is granted.

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2.

IT IS FURTHER ORDERED that the Settlement Agreement and Release

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(“Agreement”) attached as Exhibit “A” to the Motion is approved.
3.

IT IS FURTHER ORDERED that the Receiver is authorized and instructed to

execute all documents and/or instruments, and to do all of the acts necessary to effect the
Agreement.

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4/14
DATED: ________, 2011

________________________________________
THE HONORABLE KENT J. DAWSON
UNITED STATES DISTRICT JUDGE

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IDOCS:13390.3:1187400.1
2
ORDER GRANTING MOTION OF JAMES H. DONELL, PERMANENT RECEIVER, TO APPROVE SETTLEMENT AGREEMENT AND
RELEASE WITH THE TRAVELERS INDEMNITY COMPANY, AMERICA EXCHANGE, INC., HACIENDA STRUCTURES LLC,
BLACKSTONE STRUCTURES, AND HALSTON MICHAEL