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Securities and Exchange Commission v. Path America, LLC, 2:15-cv-01350-JLR. (2016)

Court: District Court, D. Washington Number: infdco20160701936 Visitors: 5
Filed: May 25, 2016
Latest Update: May 25, 2016
Summary: [PROPOSED] ORDER GRANTING RELIEF REQUESTED IN QUARTERLY STATUS REPORT OF RECEIVER, MICHAEL A. GRASSMUECK (January 2016 through March 2016) JAMES L. ROBART , District Judge . [PROPOSED] ORDER This matter came before the Court on the Quarterly Status Report of Receiver, Michael A. Grassmueck (January 2016 through March 2016) ("Receiver's Report"), filed on April 29, 2016 by Michael A. Grassmueck (the "Receiver") the Court-appointed receiver for Path America, LLC; Path America SnoCo, L
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[PROPOSED] ORDER GRANTING RELIEF REQUESTED IN QUARTERLY STATUS REPORT OF RECEIVER, MICHAEL A. GRASSMUECK (January 2016 through March 2016)

[PROPOSED] ORDER

This matter came before the Court on the Quarterly Status Report of Receiver, Michael A. Grassmueck (January 2016 through March 2016) ("Receiver's Report"), filed on April 29, 2016 by Michael A. Grassmueck (the "Receiver") the Court-appointed receiver for Path America, LLC; Path America SnoCo, LLC; Path America Farmer's Market, LP; Path America KingCo, LLC; Path America Tower, LP; Path Tower Seattle, LP; Potala Tower Seattle, LLC; Potala Shoreline, LLC; and Potala Village Kirkland, LLC (collectively, the "Receivership Entities" or "Entities"), which seeks this Court's authorization and instructions with respect to the Receiver's administration of this receivership. The Court, having considered the Receiver's Report, the facts contained therein, and other pleadings filed in this action, and good cause appearing therefor, hereby ORDERS, ADJUDGES AND DECREES as follows:

1. The Receiver's Report and the information presented therein are accepted;

2. The Receiver is authorized and instructed to continue administering the Receivership Entities in accordance with the terms of the appointment order; and

3. The Receiver is authorized and instructed to undertake the recommendations presented in the Receiver's Report.

IT IS SO ORDERED.

Source:  Leagle

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