Securities and Exchange Commission VS Global Express Capital Real Estate Investment Fund I, LLC et al
FINDINGS OF FACT AND CONCLUSIONS OF LAW. IT IS ORDERED that the Galaxy Lien is invalid and unenforceable. IT IS FURTHER ORDERED that Galaxy Construction is not entitled to recover under that surety bond for release of court-ordered deposit posted b y First American, Bond No. 7586815. IT IS FURTHER ORDERED that the surety bond for release of court-ordered deposit posted by First American, Bond No. 7586816, is discharged and First American is released from further responsibility in connection with said bond. Signed by Judge Kent J. Dawson on 12/17/10. (Copies have been distributed pursuant to the NEF - EDS)
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