Post Category → Case
Investor’s Request for Judicial Intervention in Receiver’s Liquidation Plan (Kumud Patel) August 05, 2023
Interested third party/amicus objection to receiver’s motions to set claim deadlines (Dkt 195) and to liquidate cryptocurrency in receivership estate (Dkt No. 196).
Receiver’s Motions, especially his Motion to Liquidate, raises more questions than answers. The request exceeds the scope of the CFTC’s motion for appointment of a receiver as well as the Court’s stated purpose for appointing one. It prematurely resolves substantive issues well before they have been presented to the Court. The Receiver cannot say for… Continue reading