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Securities and Exchange Commission v. Vassallo

UNITED STATES DISTRICT COURT EASTERN DISTRICT OF CALIFORNIA SACRAMENTO


June 5, 2009

SECURITIES AND EXCHANGE COMMISSION, PLAINTIFF
v.
ANTHONY VASSALLO, ET AL, DEFENDANTS.

The opinion of the court was delivered by: Honorable Lawrence K. Karlton

ORDER GRANTING RECEIVER'S MOTION FOR COURT ORDER ESTABLISHING EXPEDITED PROCEDURE FOR CONSIDERATION AND RESOLUTION OF RECEIVER'S APPLICATIONS REGARDING RECEIVERSHIP ADMINISTRATION ISSUES [L.R. 66-232(f)] Date: June 8, 2009 Time: 10:30 a.m. Courtroom: 4

The motion of Receiver Stephen E. Anderson for Court Order establishing expedited procedure for consideration and resolution of Receiver's applications regarding receivership administration issues, came on regularly for hearing in Courtroom 4 of the above-entitled Court on June 8, 2009, at 10:30 a.m., the Honorable Lawrence K. Karlton presiding. The Court having considered the papers submitted in support of and in opposition to such motion, and the arguments of counsel and for good cause shown,

IT IS HEREBY ORDERED that Receiver's motion IS GRANTED.

The Court hereby establishes the following expedited procedure for consideration and resolution of Receiver's applications regarding receivership administration issues:

· For administrative issues, Receiver is permitted (through counsel) to file a letter with the Court describing the receivership issue and the order sought along with a proposed order.

· If the Court believes the requested order is appropriate, it will issue the order with or without modification of it.

· If the Court believes a hearing is necessary, it will set a hearing, or if the Court has questions about the application, the Court will contact Receiver or his counsel directly.

IT IS SO ORDERED.

20090605

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