United States Securities and Exchange Commission v. Holzhueter, Loren et al

Filing 231

ORDER: The clerk of court shall release $9,564,140.36 in principal and $17,626.51 in interest held in the court' registry. Signed by District Judge James D. Peterson on 12/20/16. (jat)

IN THE UNITED STATES DISTRICT COURT
FOR THE WESTERN DISTRICT OF WISCONSIN

UNITED STATES SECURITIES AND EXCHANGE
COMMISSION,
Plaintiff,
v.
ISC, INC., d/b/a INSURANCE SERVICE CENTER, and
THE ESTATE OF LOREN W. HOLZHUETER,
Defendants,

ORDER
15-cv-45-jdp

and
HONEFI, LLC, ARLENE HOLZHUETER, and
AARON HOLZHUETER,
Relief Defendants.
Pursuant to the order appointing receiver, Dkt. 196, at 6, and phase I of the
distribution phase of this case, Dkt. 204, at 9 and Dkt. 222, the receiver obtained a letter
from the clerk of court stating the amount of funds held in the court’s registry for this case;
established a non-interest bearing checking account or accounts; and requested that the clerk
transfer those funds to the receiver in trust for deposit into the receiver’s account(s).
Accordingly, IT IS ORDERED that the clerk of court shall release $9,564,140.36 in
principal and $17,626.51 in interest held in the court’ registry, totaling $9,581,766.87, as
follows:
1. By check made payable to “the ISC, Inc. Trust Account, Holzhueter Phase 1
Plan,” to be mailed to:
Michael S. Polsky
330 E. Kilbourn Avenue, Suite 1085
Milwaukee, WI 53202

2. The receiver will distribute the funds per the phase I terms, Dkt. 204 and
Dkt. 222, and the order appointing receiver, Dkt. 196.
Entered December 20, 2016.
BY THE COURT:
/s/
________________________________________
JAMES D. PETERSON
District Judge

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