Securities and Exchange Commission v. BIC Real Estate Development Corporation

Good Law
United States District Court, Eastern District of CaliforniaNovember 8, 20191:16-cv-00344California1,740 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT

FOR THE EASTERN DISTRICT OF CALIFORNIA

SECURITIES AND EXCHANGE 1:16-cv-00344-LJO-JLT

COMMISSION,

ORDER GRANTING FOURTH Plaintiff, INTERIM APPLICATION FOR PAYMENT OF FEES AND v. REIMBURSEMENT OF EXPENSES OF RECEIVER AND HIS BIC REAL ESTATE DEVELOPMENT PROFESSIONALS (ECF No. 437) CORPORATION and DANIEL R. NASE, individually and d/b/a BAKERSFIELD INVESTMENT CLUB,

Defendants,

BIC SOLO 401K TRUST and MARGARITA

NASE,

14 Relief Defendants.

17 Before the Court is the unopposed Fourth Interim Application for Payment of Fees and 18 Reimbursement of Expenses (the “Application”) filed by David P. Stapleton (the “Receiver”), the court-

19 appointed permanent receiver for Defendant BIC Real Estate Development Corporation and its

20 subsidiaries and affiliates, including but not limited to, WM Petroleum; Target Oil & Gas Drilling, Inc.;

Tier 1 Solar Power Company; Tier 1 Solar Power Company, LLC; and Home Sweet Holdings

22 …

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