Federal Trade Commission v. Elite IT Partners et al, No. 2:2019cv00125 - Document 127 (D. Utah 2019)
Court Description: AMENDED MEMORANDUM DECISION AND ORDER Granting 125 Receiver's Motion to Approve Sale of Assets. Signed by Judge Robert J. Shelby on 7/29/19. (dla)
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Federal Trade Commission v. Elite IT Partners et al Doc. 127 IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF UTAH FEDERAL TRADE COMMISSION, Plaintiff, v. ELITE IT PARTNERS, INC., a Utah corporation doing business as ELITE IT HOME, and JAMES MICHAEL MARTINOS, individually and as an officer of ELITE IT PARTNERS, INC. AMENDED MEMORANDUM DECISION AND ORDER GRANTING RECEIVER’S MOTION TO APPROVE SALE OF ASSETS Case No. 2:19-CV-125 RJS-CMR Chief District Judge Robert J. Shelby Magistrate Judge Cecilia M. Romero Defendants. The Court has considered the Receiver’s Motion 1 requesting approval to sell certain assets of Elite IT Partners described and on the terms set forth in the Asset Purchase Agreements attached to the Motion as Exhibits A and B. 2 Finding that the proposed terms of sale are fair and reasonable and additionally finding that good cause exists, under the circumstances, to dispense with the formalities of 28 U.S.C. § 2001 in favor of an expeditious and efficient disposition of the subject assets, the Court GRANTS the Motion and APPROVES the sale of assets on the terms proposed. 1 Dkt. 125. 2 The court previously approved the sale of the assets; however, the approval Order contained an incorrect caption. See Dkt. 126. The court therefore amends its Order by including the caption above. 1 Dockets.Justia.com SO ORDERED this 29th day of July, 2019. BY THE COURT: ________________________________________ ROBERT J. SHELBY Chief United States District Judge 2
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