On February 28, 2024, the Receiver filed a motion seeking approval to make a second interim distribution to investors with allowed claims. A copy of the Receiver’s motion is available here. The Receiver is seeking permission to make an interim distribution of approximately $9 million as set forth on Exhibit 1 attached to the motion, which would provide claimants entitled to participate in the distribution approximately 15.76% of their allowed amounts. The proposed second distribution would bring the total recovery for claimants participating in both distributions to approximately 33.28% of approved amounts. On March 22, 2024, the Honorable Magistrate Judge Sean Flynn recommended that the Court grant the Receiver’s motion. A copy of the Report and Recommendation is available here. If the Court approves the Report and Recommendation, the Receiver will make every effort to promptly send distribution checks by U.S. Mail. This website will be updated once the Court enters an order.
Latest Announcements
- RECEIVER’S TWENTY-FOURTH INTERIM REPORTMay 2, 2025 - 9:51 AM
- RECEIVER’S TWENTY-THIRD INTERIM REPORTFebruary 7, 2025 - 2:29 PM
- RECEIVER’S TWENTY-SECOND INTERIM REPORTNovember 1, 2024 - 3:58 PM
Assets For Sale
- 16804 Vardon Terrace #307January 30, 2020 - 3:22 PM
- 7312 Desert Ridge GlenOctober 23, 2019 - 3:21 PM
- 6922 Lacantera CircleSeptember 9, 2019 - 2:58 PM
Contact
Burton W. Wiand PA
114 Turner Street
Clearwater, Florida, 33756
PHONE: (727) 235-6769
Click Here to receive Email Alerts about the case.