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U.S. v. ROCKET VENTURES II SBIC, L.P., C08-02240 JSW. (2015)

Court: District Court, N.D. California Number: infdco20151201965 Visitors: 1
Filed: Nov. 30, 2015
Latest Update: Nov. 30, 2015
Summary: ORDER GRANTING MOTION FOR ENTRY OF AN ORDER: (1) APPROVING AND CONFIRMING THE SIXTH AND FINAL RECEIVER'S REPORT, (2) DISCHARGING THE RECEIVER, AND (3) TERMINATING THE JEFFREY S. WHITE , District Judge . This matter comes before the Court on the motion of the U.S. Small Business Administration ("SBA") as Receiver ("Receiver") for Rocket Ventures II SBIC, L.P. ("Rocket SBIC") to re-open the case for entry of an order (1) approving and confirming the Sixth and Final Receiver's Report for the P
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ORDER GRANTING MOTION FOR ENTRY OF AN ORDER: (1) APPROVING AND CONFIRMING THE SIXTH AND FINAL RECEIVER'S REPORT, (2) DISCHARGING THE RECEIVER, AND (3) TERMINATING THE

This matter comes before the Court on the motion of the U.S. Small Business Administration ("SBA") as Receiver ("Receiver") for Rocket Ventures II SBIC, L.P. ("Rocket SBIC") to re-open the case for entry of an order (1) approving and confirming the Sixth and Final Receiver's Report for the Period October 1, 2013 through October 31, 2015, (2) discharging the Receiver and (3) terminating the receivership estate, and this Court being duly advised as to the merits,

IT IS HEREBY ORDERED THAT:

1. The Receiver's Motion For Entry of an Order Approving and Confirming the Sixth and Final Receiver's Report is GRANTED; and

2. This Court APPROVES AND CONFIRMS the Sixth and Final Receiver's Report for the Period October 1, 2013 through October 31, 2015, and the actions and the activities of the Receiver as reported therein.

3. This Court confirms that the Receiver has complied with the Orders of the Court dated September 4, 2008 ("Receivership Order") and August 3, 2015 ("Wind-Up Order") as more fully described in the Receiver's Motion and Sixth and Final Report.

4. Control of Rocket Ventures II SBIC, L.P. shall be unconditionally transferred and returned to its general partner upon entry of this Final Order.

5. The stay and injunction imposed by paragraphs 7 and 8 of the Receivership Order are hereby lifted.

6. All claims against and obligations of (a) Rocket Ventures II SBIC, L.P., (b) the Rocket Ventures II SBIC, L.P. receivership estate, (c) the Rocket Ventures II SBIC, L.P. Receiver and its current and former agents and attorneys, arising from or relating in any way to the Receivership shall be discharged upon entry of this Final Order.

7. The Rocket Ventures II SBIC, L.P. receivership is hereby terminated, SBA is discharged as Receiver, and the SBA, its employees, officers, agents, contractors, attorneys, and any other person who acted on behalf of the Receiver, are hereby discharged and released from any and all claims, obligations and liabilities arising from or relating to the activities, conduct or management and operation of Rocket and the Rocket receivership estate upon entry of this Final Order.

The Receiver shall serve a copy of this Final Order

8. A copy of this Final Order shall be served upon the general partner and limited partners of Rocket and served on the appropriate federal and state tax offices, as well as the Delaware Secretary of State. The Receiver also shall file proof of such service with the Court.

IT IS SO ORDERED.

Source:  Leagle

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