U.S. Commodity Futures Trading Commission v. Financial Robotics, Inc., et al

Filing 189

ORDER entered: The Intervenor, Select Portfolio Servicing, Inc., as Servicer for U.S. Bank National Association, as Trustee, Successor in Interest to Wachovia Bank, N.A. (formerly known as First Union National Bank), as Trustee for Long Beach Mortga ge Loan Trust 2002-1's (Intervenor), filed a Motion to Lift Stay, Receivership and Injunctive Relief as to Residence Only. (Docket Entry No. 181). No opposition has been filed. The motion is granted. It is ordered that the Receivership and a ny injunctive relief pertaining to the assets of Mark Rice are lifted, but only as to the property identified by its physical address of 142 Keswick Court, Sugar Land, Texas 77478 (the Property). It is further ordered that any lis pendens pertaining to this lawsuit that affect the Property be dissolved. (Signed by Judge Lee H Rosenthal) Parties notified.(leddins, )

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IN THE UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF TEXAS HOUSTON DIVISION U.S. COMMODITY FUTURES TRADING COMMISSION Plaintiff, VS. FINANCIAL ROBOTICS, INC., a Texas Corporation, and MARK E. RICE., Defendant. § § § § § § § § § § § CIVIL ACTION NO. H-11-2446 ORDER The Intervenor, Select Portfolio Servicing, Inc., as Servicer for U.S. Bank National Association, as Trustee, Successor in Interest to Wachovia Bank, N.A. (formerly known as First Union National Bank), as Trustee for Long Beach Mortgage Loan Trust 2002-1's (“Intervenor”), filed a Motion to Lift Stay, Receivership and Injunctive Relief as to Residence Only. (Docket Entry No. 181). No opposition has been filed. The motion is granted. It is ordered that the Receivership and any injunctive relief pertaining to the assets of Mark Rice are lifted, but only as to the property identified by its physical address of 142 Keswick Court, Sugar Land, Texas 77478 (the “Property”). It is further ordered that any lis pendens pertaining to this lawsuit that affect the Property be dissolved. SIGNED on August 23, 2013, at Houston, Texas. ______________________________________ Lee H. Rosenthal United States District Judge

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