Filed: May 02, 2016
Latest Update: May 02, 2016
Summary: AMENDED (PROPOSED) ORDER EDWARD J. DAVILA , District Judge . The Court, having reviewed the Special Master's Report No. 5, and evidence and proof having been made to the satisfaction of the Court, the Court hereby rules as follows: 1. IT IS HEREBY ORDERED that upon entry of this Order, GLR Capital Management, LLC, is hereby removed as General Partner of GLR Growth Fund, L.P. 2. IT IS HEREBY ORDERED that upon entry of this Order, R-3 Management, Inc., is hereby appointed as General Part
Summary: AMENDED (PROPOSED) ORDER EDWARD J. DAVILA , District Judge . The Court, having reviewed the Special Master's Report No. 5, and evidence and proof having been made to the satisfaction of the Court, the Court hereby rules as follows: 1. IT IS HEREBY ORDERED that upon entry of this Order, GLR Capital Management, LLC, is hereby removed as General Partner of GLR Growth Fund, L.P. 2. IT IS HEREBY ORDERED that upon entry of this Order, R-3 Management, Inc., is hereby appointed as General Partn..
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AMENDED (PROPOSED) ORDER
EDWARD J. DAVILA, District Judge.
The Court, having reviewed the Special Master's Report No. 5, and evidence and proof having been made to the satisfaction of the Court, the Court hereby rules as follows:
1. IT IS HEREBY ORDERED that upon entry of this Order, GLR Capital Management, LLC, is hereby removed as General Partner of GLR Growth Fund, L.P.
2. IT IS HEREBY ORDERED that upon entry of this Order, R-3 Management, Inc., is hereby appointed as General Partner for GLR Growth Fund, L.P.
3. IT IS HEREBY ORDERED that any two members of the Board of Directors of R-3 Management, Inc. shall have signature authority over all cash accounts that are the property of GLR Growth Fund, L.P.
4. IT IS HEREBY ORDERED that the freeze on all monies and assets in all accounts at banks holding accounts in the name or for the benefit of GLR Growth Fund, L.P., ordered June 12, 2012 (ECF No. 15 at ¶ VI), is hereby lifted.
5. IT IS HEREBY ORDERED that the requirement that the general partner of the GLR Growth Fund, L.P. provide Plaintiff Securities and Exchange Commission with notice before dealing in any asset of the GLR Growth Fund, L.P., ordered June 12, 2012 (ECF No. 15 at ¶ VII), is hereby lifted.
A separate order will issue addressing the Special Master's Motion for fees and expenses.
