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US Securities and Exchange Commission v. Davis, 3:16-CV-285. (2017)

Court: District Court, W.D. North Carolina Number: infdco20171116e01 Visitors: 2
Filed: Nov. 15, 2017
Latest Update: Nov. 15, 2017
Summary: ORDER APPROVING MINING EQUIPMENT AUCTION GRAHAM C. MULLEN , District Judge . This matter came before the Court upon the Motion for Authority to Engage Auctioneer and to Auction Mining Equipment filed on October 31, 2017 (Doc. No. 149) (the "Motion") by A. Cotten Wright, as the duly-appointed receiver in the above-captioned action (the "Receiver"), through counsel. It appears that notice of the Motion was proper and that no objections were filed in response to the Motion. The Court—having
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ORDER APPROVING MINING EQUIPMENT AUCTION

This matter came before the Court upon the Motion for Authority to Engage Auctioneer and to Auction Mining Equipment filed on October 31, 2017 (Doc. No. 149) (the "Motion") by A. Cotten Wright, as the duly-appointed receiver in the above-captioned action (the "Receiver"), through counsel. It appears that notice of the Motion was proper and that no objections were filed in response to the Motion. The Court—having reviewed the Motion and the record in this case— has determined that the Motion should be granted.

IT IS, THEREFORE, ORDERED that the Receiver is authorized to engage Ritchie Bros. Auctioneers as auctioneer and to auction all of the Mining Equipment described in the Motion pursuant to terms and conditions substantially similar to those set forth in the Proposed Auction Contract referenced in the Motion, without additional confirmation by the Court.

SO ORDERED.

Source:  Leagle

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