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Latest News

Proposed Sale

November 3, 2022 By Gard Admin

The Receiver is proposing to sell the real property and improvements commonly known as 118 Old Renee Lake Road, Troy, Montana. The notice of the proposed sale is available under the Pending Sales tab of the Real Estate Page.

Second Distribution

November 2, 2022 By Gard Admin

On Friday, October 28th, 2022, the Receiver filed a motion with the court to approve a second interim distribution of $1.2 million. The motion also proposes to reduce MIMO claims in the receivership for investors participating in the class action settlements with Davis Wright Tremaine. The Receiver’s distribution will be made off of these adjusted MIMO balances, and are subject to “true-ups” once actual recoveries from the settlement are known. The hearing for the motion is December 2, 2022. Pending approval, the distribution will be made by December 15th.

Trial Date

November 2, 2022 By Gard Admin

The trial date in the case re: American Equities Inc., Riverview Bank, Pacific Premier Bank, et al, has been rescheduled to start on June 12, 2023.

Proposed Sale

August 23, 2022 By Gard Admin

The Receiver is proposing to sell the real property and improvements commonly known as Condominium Tamar Unit #200, Los Cabos, Baja California Sur, Mexico. The notice of the proposed sale is available under the Pending Sales tab of the Real Estate Page.

Proposed Sale

June 7, 2022 By Gard Admin

The Receiver is proposing to sell the real property and improvements commonly known as Condominium Tamar Unit #201, Los Cabos, Baja California Sur, Mexico. The notice of the proposed sale is available under the Pending Sales tab of the Real Estate Page.

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