Examples of Receivership Action in a sentence
On February 20, 2020, Ray pled guilty to a one-count federal Information charging conspiracy to commit wire fraud and bank fraud in connection with the Ponzi scheme alleged in the Receivership Action, U.S. District Court for the C.D. of Illinois, Case No. 20-cr- 40007.
Pursuant to an Order granted by the Court on March 1, 2021 in the Interim Receivership Action (the “ March 1 Order”), the Interim Receiver is authorized and directed to file GST returns with CRA, remit the net GST to CRA, and subject to the Interim Receiver’s professional fees and disbursements and those of its counsel, pay residual funds from each estate into Court to the credit of the Interim Receivership Action on notice to the service list, or as otherwise ordered by the Court for a particular estate.
Any such claimed privileged information, or information that may reasonably be considered privileged information, obtained by Receiver or commingled with other information shall be disgorged by the Receiver and notice given to Dragul regarding the privileged information and its disposition by the Receiver.” (Id. ¶ 28.)While the Receivership Order requires the Receiver to disgorge all of Mr. Dragul’s attorney-client privileged information, the Receiver has never done so in this or the Receivership Action.
Mr. Jordan awoke with horizontal double vision, which his opthalmologist testified was due to abnormal eye alignment.
Fourth, the transfers were made in direct proximity of a legal dispute and litigation between CHFS and its most significant putative creditors in the Receivership Action, EFP and BHT, and Dr. Edwards.
The Receiver has submitted to this Court, under Notice filed in the Receivership Action, a true and correct copy of the Settlement Statement prepared by the escrow agent disclosing costs that were paid out of Closing as required by the title insurance company, and disclosing the net funds available for distribution to the Receiver upon Closing (the “Net Funds”).
Dadante (“Dadante”); (ii) claims arising out of or relating to the claims or allegations in the Receivership Action, Small, et al.
Until such time as the payments required in paragraph 12(a)-(c) have been made or until the General Receiver has disbursed all of the Receivership Property and the Receivership Action is finally closed, whichever occurs first, NWTS, by and through its General Receiver, shall in good faith use commercially reasonable efforts to retain all records relating to compliance activities under this Agreement.
The Agreement provides among other things that an Order shall issue barring and/or enjoining and dismissing with prejudice certain claims which are or could be asserted against Defendants in the Receivership Action, and in the above-captioned Case No. 1:06 CV 1721 (the “Small Action”), and Case No. 1:10 CV 00208 (the “Wasserman Action”).
Defendants are hereby permanently barred, enjoined and restrained from commencing, prosecuting, or asserting any claim for indemnity or contribution (or any other claim where the injury to Defendants is Defendants’ liability to IPOF), arising out of or relating to the claims or allegations in the Receivership Action, the Small Action or the Wasserman Action, relating to the legal services provided to the IPOF Fund by Defendants.