The Receiver is proposing to enter into a settlement with Maureen Wile and Robert Wile. The Settlement Agreement (a) will resolve (i) the Receiver’s adjunct lawsuit in Clark County Superior Court, assigned Case No. 20-2-00507-06 (the “Adjunct Litigation”) against Robert and Maureen, (ii) the Receiver’s August 29, 2025, Judgment on Plaintiff’s First Cause of Action (Breach of Contract) and Liability on Plaintiff’s Second Cause of Action (Breach of Fiduciary Duty) as against Maureen, in the principal amount of $11,884,502.02 plus interest at 12% per annum from the date of entry of the Judgment, and (iii) any lien that the Receiver holds on any property owned by Maureen or Robert in Pacific County, Washington, and (b) as a condition to such resolution, will require Maureen and Robert to pay the Receiver $100,000.00 in cash. The notice of the proposed settlement is available on the Settlements Page.
Latest News
An Update Regarding the Mar de Plata Project
The Receiver expects to begin closing on the eleven lots that are currently under contract in Mexico. Proceeds from these closings are anticipated to be received within approximately ninety days following closing. Once received, the Receiver anticipates presenting these proceeds, together with the recently-received $500,000 settlement from Ross Miles, to the Court for approval of a proposed distribution to investors.
The receiver has listed 12 additional lots for sale, and is evaluating options for the remaining development land in Mar de Plata. This land may be marketed as individual lots or as a single development parcel.
We appreciate the continued patience and will provide further updates as closings progress.
Proposed Sale
The Receiver is proposing to sell lots 11, 12, 13, 15, 16, 17, 18, 19, 21, 22, and 23 of the real property and improvements commonly known as Phase II, of the Mar de Plata subdivision, located in the parcel of land known as “Demásias de San Luis,” Santa Catarina Subdelegation, in the San Jose del Cabo Delegation of the Municipality of Los Cabos, Baja California Sur, Mexico. The notice of the proposed sale is available under the Pending Sales tab of the Real Estate Page.
Summary Judgement Hearing — Aug. 1, 2025
There is a summary judgement hearing scheduled for August 1, 2025 at 1:30pm. Investors may attend either via Zoom or in-person at the Clark County Courthouse.
Meeting URL:
https://clark-wa-gov.zoom.us/j/87686782365?pwd=JnCU4TCREUp2pW8y6bNzdAxW3hWbTU.1
Meeting ID: 876 8678 2365
Password: 27181810
Join by Telephone:
US: +1-206-337-9723 or 888-788-0099 (Toll Free)
Third Distribution Mailed
3rd Distribution Mailed
All investor checks over $5,000 were sent via certified mail on September 3rd or 4th. These checks should begin to arrive on September 6th and will require a signature. Checks under $5,000 were sent via regular mail on Aug 30th.