Securities and Exchange Commission v. BIC Real Estate Development Corporation et al, No. 1:2016cv00344 - Document 436 (E.D. Cal. 2019)

Court Description: MEMORANDUM DECISION and ORDER re Supplemental Report of Receiver, David P. Stapleton, re Completion of Sale of Oil Company Assets signed by Chief Judge Lawrence J. O'Neill on 10/1/2019. (Jessen, A)

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Securities and Exchange Commission v. BIC Real Estate Development Corporation et al Doc. 436 1 2 3 UNITED STATES DISTR/ICT COURT 4 FOR THE EASTERN DISTRICT OF CALIFORNIA 5 6 7 SECURITIES AND EXCHANGE COMMISSION, v. 9 11 BIC REAL ESTATE DEVELOPMENT CORPORATION and DANIEL R. NASE, individually and d/b/a BAKERSFIELD INVESTMENT CLUB, 12 13 14 MEMORANDUM DECISION AND ORDER RE SUPPLEMENTAL REPORT OF RECEIVER, DAVID P. STAPLETON, RE: COMPLETION OF SALE OF OIL COMPANY ASSETS (ECF NO. 435) Plaintiff, 8 10 1:16-cv-00344-LJO-JLT Defendants, BIC SOLO 401K TRUST and MARGARITA NASE, Relief Defendants. 15 16 17 18 19 20 The Receiver’s Supplemental Report (ECF No. 435) is accepted. The Receiver is authorized to continue his administration of the Receivership Entities and their assets consistent with this Order and the Court’s prior orders. IT IS SO ORDERED. 21 Dated: 22 October 1, 2019 /s/ Lawrence J. O’Neill _____ UNITED STATES CHIEF DISTRICT JUDGE 23 24 25 1 Dockets.Justia.com

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